What's new

Search results

  1. Walter Hay

    Time for a small intro

    INTRO 
    Welcome to the forum. You have done a lot of work and I hope you can put it to good use. You will find many people here willing to help. I don't have expertise in your field, but my knowledge of marketing psychology might make it possible for me to help. Just ask. Best Wishes, Walter
  2. Walter Hay

    How to price your product?

    @WhateverCheese I agree with Johnny boy. If your product is good quality and you can present it with an image that appeals to people who only want the best, a high price is likely to generate more sales. You say that you and your wife have designed the bottles, but do you mean the labels? If...
  3. Walter Hay

    IS COVID 19 THE TIME TO FORGE AHEAD?

    HOT! 
    Generally speaking you are right in thinking that products used in manufacturing processes would not under-perform, because that would slow production or result in poor quality production. I know of two product areas in the industrial chemical field that are still using obsolete formulas. The...
  4. Walter Hay

    CHINA PLUS ONE STRATEGY

    SOURCING 
    When I wrote that, I should have elaborated on why this means that importers whether large or small, should also start sourcing in those other countries. I know that many have, and this is causing pain to Chinese manufacturers. Cost pressures due to the factors I mentioned have resulted in...
  5. Walter Hay

    Labor intensive business idea

    IDEA 
    I agree with @Parks that scaling such a business by franchising it would be a good way to go. There would be costs involved due to having to meet regulation requirements, but a franchise operation can quickly become fastlane. Finding and keeping good employees for labor intensive businesses can...
  6. Walter Hay

    CHINA PLUS ONE STRATEGY

    SOURCING 
    I am in the process of writing a 2021 revision of my sourcing and importing book, but I thought I should post this extract now because it is so important. With the onset of what became known as the Trade War between China and the USA, followed by the pandemic there has been a growing interest...
  7. Walter Hay

    [PROGRESS] Bekit's Progress Thread

    EXECUTION 
    Hi @Bekit . Your post has saddened me, and I would like to help. It does seem that you might have undiagnosed ADHD, but I would not recommend seeking a professional diagnosis because it is notoriously difficult to diagnose accurately. I have sent you a link to an organization dedicated to...
  8. Walter Hay

    Sending Freight

    Try: Welcome to West Consolidators Inc If they can't or won't help, search for cargo consolidators California. Walter
  9. Walter Hay

    [PROGRESS] Bekit's Progress Thread

    EXECUTION 
    First @Bekit let me say that I admire your courage and initiative in taking on this challenge, but also I like the way you have conducted the process. I don't see you being overly trusting and overly gullible in this situation. As I read the behavior of your contact, she came over as...
  10. Walter Hay

    Essentials and other hints for successful sourcing

    SOURCING 
    I am currently re-writing my sourcing and importing book and this thread came to mind. I have incorporated a brief extract from that success story in the 2021 revision, because although my book offers a huge amount of help on the subject of sourcing, it needed a new section: NEVER GIVE UP...
  11. Walter Hay

    1 Year Anniversary at TFLF

    EXECUTION 
    I enjoyed reading your post. Gloomy to begin with but full of hope by the end. When I finished reading I said to myself: "He's going to make it." Keep up the good work. Walter
  12. Walter Hay

    Need some help finding high level Chinese sourcing agents. If anyone can help it would be wonderful!

    SOURCING 
    This post was in response to a post by a newcomer who was obviously intent on advertising Made-In-China.com. He was almost certainly an employee of that company and I am pleased to see that the moderators have deleted his post. Those who have my book will be well aware of the failings of all of...
  13. Walter Hay

    Somewhere in LATAM (Venezuelan maker)

    INTRO 
    Hi Luis, Welcome to the forum. I started a successful business by learning while working as a sales representative for an employer in an industry that interested me. I began the business with almost nothing in the bank, and it grew so big that I became very wealthy. If you can get a job...
  14. Walter Hay

    Advertisement ; how fastlane?

    If he is doing well and his profit margins are high enough, he could consider franchising his business. That can become fastlane very quickly. In the first post in my thread Rapid Scaling a business by franchising I outlined what is necessary to identify if a business is suitable for...
  15. Walter Hay

    Trying to suceed in a business with a high entry barier at a young age!

    EXECUTION 
    Graphic designers will usually be interested in displaying their skills but they have no idea about marketing, and in particular marketing psychology. You don't want a label that only identifies your product as yours. What does it achieve if it tells people that this is your product X and not...
  16. Walter Hay

    Greetings from the Mid-East!

    INTRO 
    Hi @Karam Welcome to the world's best business forum. My suggestion is that instead of wasting time on gaming, spend that time reading on the forum. Almost any business subject you could imagine has been dealt with. Gold threads and Notable threads are marked that way because they either...
  17. Walter Hay

    IS COVID 19 THE TIME TO FORGE AHEAD?

    HOT! 
    Yes, but that message was there in different words: "Will the current epidemic end the same way? I think the panic mode will gradually subside this time, but meanwhile opportunities abound. If you have not wasted your earnings, and have looked to the future there are new and old businesses that...
  18. Walter Hay

    Walter Hay's Business Books

    MARKETPLACE 
    I am well on the way with my 2021 Global Sourcing Revision, but it is a massive task, partly because I have to check every link and also update all the site navigation hints that I provide. Combined with changes to rules and the effects of Covid19 on international trade, it is developing into a...
  19. Walter Hay

    World Trade Since Covid19

    Bad news is relished by the media, and it rubs off on businesses and consumers alike. Is the world economy dead on its feet? It depends on which news media or organizations you get your information from. Beaurocratic organizations such as WTO and the Worldbank still remain bearish on the subject...
  20. Walter Hay

    How to instill hard-working values in my kids

    OFF-TOPIC 
    Many people make the mistake of pushing their children to be what they could not be. It's called vicarious pleasure. The problem is that very often the children resent the sacrifices that they have had to make to achieve what meant everything to their parent but in retrospect they see that it...

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Fastlane Resources

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom