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  1. maverick

    Free Insider Subscription, How Has "Fastlane" Helped You?

    HOT! 
    I came here many moons ago. Many people stressed that we should add value as much as we can. Took me a few years to translate that into the fundamental principles of business: Create a product or service fundamentally better than what is currently on the market Find a way to get this product...
  2. maverick

    Any data scientists here?

    Deploying stuff when you're in a startup => Easy Deploying stuff when you work at a corporate => Hard So targeting startups with a solution that makes deployments easier is not solving any needs. There are loads of tools available to do such a thing and many can be found directly in the AWS /...
  3. maverick

    What if the supplier dashes away with my idea?

    IDEA 
    I could buy your product, find a designer on Upwork and get them to create a tech pack. Then send it to other manufacturers and get it made. So getting the product made isn't really the issue. Like mentioned above, what sets you apart from the rest? Branding, route-to-market, access to...
  4. maverick

    Hey, Reuben here

    INTRO 
    Welcome Reuben. Good to have you here. Hope to hear a lot more from you in the future!
  5. maverick

    "I don't know what product to sell" How You Choose A Product-Based Business

    NOTABLE! 
    Limiting mindset: He's only successful because he has XXXX or because he uses XXXX. Growth mindset: I need to understand how to access an audience before launching a product.
  6. maverick

    a question about facebook ads

    SIDE HUSTLE 
    Do you have Asperger's syndrome?
  7. maverick

    Any data scientists here?

    I manage a team of data scientists and engineers at a big corporate. I'm going to be blunt here so brace yourself. Your target audience needs to be more specific. Who do you mean by 'data scientists'? Who is your ideal customer? On your website, you also seem to use data scientists and...
  8. maverick

    What business would you start with $50,000 to help save bees

    HOT! 
    Apples are critical for the pollination of apples. You could investigate some kind of product made of apples. I also like the idea of creating planters e.g. https://www.amazon.com/Rail-Planters/b?ie=UTF8&node=14623210011&tag=tff-amazonparser-20 And donating to elderly homes. You could bundle...
  9. maverick

    How do/did you become passionate about entrepreneurship without a big FTE?

    HOT! MINDSET FTE 
    London. During the recession. Company would set targets for Q1 - Q4. We'd hit targets for Q1-3 which would lead to a new and overly ambitious Q4 goal. Q4 goal would not be hit, bonuses were cut and only the top performers got a sandwich raise.
  10. maverick

    How do/did you become passionate about entrepreneurship without a big FTE?

    HOT! MINDSET FTE 
    To add to my previous post. During my corporate years, performance was always assessed by management. This assessment puts you in one of the 9 quadrants below. What's the difference between being an 'under performer' or a 'future leader' ? For entrepreneurs, this difference is enormous. The...
  11. maverick

    How do/did you become passionate about entrepreneurship without a big FTE?

    HOT! MINDSET FTE 
    Don't forget the annual 1k bonus and 2% raise for your efforts.
  12. maverick

    'Deaths of despair' soaring among Gen Z & millennials: 'It's the economy, stupid'

    OFF-TOPIC 
  13. maverick

    Google Ads: Google dipping their hand in our wallets

    HOT! MARKETING 
    You can see this in their account reps as well. They will "optimize" your campaigns for you which basically means they will maximize the profitability for google. Amazon is also in this game: https://www.theverge.com/2019/9/16/20868737/amazon-search-results-profitability-change This is why you...
  14. maverick

    Customs Charges From China For Importing

    SOURCING 
    How big is the product? You could just get the manufacturer to send it through their fedex/dhl account.
  15. maverick

    Reading a lot - is this really the #1 trait of rich people?

    HOT! MINDSET 
    Be curious about the world. How do things work? How can I improve this? Why do we do it this way? By being curious, you'll want to learn more, understand more and thus you read.
  16. maverick

    Just launched my second product but stuck with social media branding.

    MARKETING SOCIAL MEDIA 
    Your margin percentage is low (26%). Also the net margin is low: $8. Which does not leave a lot of room for PPC. Taking an average CPC of $0.4 means you will have to convert 5% to break-even - assuming you don't have an upsell funnel on the back-end.
  17. maverick

    Running on empty & dealing with burnout

    MINDSET 
    Give yourself permission to unwind by allocating you-time. Take a walk in the park, play video games, watch netflix.. whatever works for you. Nobody can sustain working on their business 24/7. 365 days a year.
  18. maverick

    Anyone Read This Dutch Book Van Idee Naar Startup Form Idea To Startup

    IDEA 
    It's a book written by 2 people that have never started their own business let alone grow/scale one. I'd rather take my advice from somebody that's been in the trenches.
  19. maverick

    The Undercover Billionaire: Building a $1m business in 90 days

    HOT! MINDSET 
    He inspires one of the team members to join because he's 55 and still has the mental fortitude to start a new business. Basically flipping a perceived disadvantage (ie. being old) into an advantage.
  20. maverick

    Should I move out of my parents house?

    https://www.thefastlaneforum.com/community/threads/sorry-but-the-forum-cant-make-your-life-decisions-for-you.33485/

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