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  1. OldFaithful

    What about Ethics?

    MINDSET 
    Someone who does not have a strong, internal, moral compass. Hence the question about ethics and what we might have done in the OP's original question. It's not all that uncommon though, and it seems that ethics & morals tend to wax and wane in generational cycles. I'm not at all surprised...
  2. OldFaithful

    Grant Cardone "Buying a House is for Suckers"

    EXECUTION 
    Yes. I did the math.
  3. OldFaithful

    Changing Lanes

    INTRO 
    Welcome to the forum @SrGio. Have you read the book? It's the best place to start.
  4. OldFaithful

    Grant Cardone "Buying a House is for Suckers"

    EXECUTION 
    If owning rental properties is such a good revenue stream for so many folks here....why would I want to become one of their customers???
  5. OldFaithful

    What about Ethics?

    MINDSET 
    @VDon a simple method to determine the ethical thing to do might be to ask yourself: If I were in the other person's shoes (seller), what would I want the buyer to do? Would you want a prospective buyer to give you the asking price so that you could get those bills off you back? Would you want...
  6. OldFaithful

    Totally life changing

    INTRO 
    #landfill.
  7. OldFaithful

    First post, inventing my own product

    Not a bad idea. There are a number of threads here that detail the struggles of eCommerce sellers who have been tied to only 1 sales funnel. Sometimes a change in fee structure, or the prohibited items list, or merely bad reviews, can close the sales funnel...leaving the seller high & dry.
  8. OldFaithful

    Contacted by a competitor, any possible advantage to dealing with them?

    This requires clarification on your part. If they knew you were building a competing product, they might never have approached you. They will likely have a non-compete clause in their Non-Disclosure Agreement and if you sign that...you're sunk! No matter how difficult or easy it might seem to...
  9. OldFaithful

    I need help with prototype

    +1 on this. Spend some time on the forum searching out these question. They've been covered several times in several ways. Then come back with more specific questions.
  10. OldFaithful

    First post, inventing my own product

    Hi @tommyh and welcome. Have you been searching the invention section of the forum? There are a number of interesting threads there about prototyping and production startup. https://www.thefastlaneforum.com/community/forums/inventing-innovating-licensing.86/ Sounds like you're on the right...
  11. OldFaithful

    Jacob Wagschal here, I wanted to introduce myself

    INTRO 
    Hi @Jacob Wagschal and welcome to the forum. Have you read the book yet?
  12. OldFaithful

    What book are you reading? Right now. Post up!

    NOTABLE! HOT! BOOKS CHAT 
    "It's Okay to Be the Boss" by Bruce Tulgan. Quite interesting for anyone that plans to be the boss, or might be already. Checked it out from the library but liked it enough to order a copy from Amazon to keep/reread/highlight.
  13. OldFaithful

    My Dream... My Plan... My reasons...

    That's a great looking project, nicely done. It does present several challenges to meet all of the CENTS commandments, but you can find a way to make it happen if you're motivated. Even if all you manage to do is improve the Scale & Time functions, then you're that much closer to your goal...
  14. OldFaithful

    Question????

    HEALTH 
    Wait a few years, spend 20 of them behind a desk in a cubicle, get a bit more gray, and start having back issues. That will motivate you to exercise every morning to stave off back pain!!! It's worked for me! I've been doing 10 minutes of exercise/stretches almost every morning for 3 years now.
  15. OldFaithful

    Why so much talk about Ecommerce and AM??

    MINDSET 
    Yes, there are some of us pursuing other paths...but most seem to be in eCommerce. I agree, it's probably due to the reduced barrier to entry. Besides, this forum only exists in e-reality so it's closer to the world of eCommerce. Perhaps the majority of brick & mortar folks never think to look...
  16. OldFaithful

    Hi!

    INTRO 
    Welcome to the forum! It's a great place to be.
  17. OldFaithful

    Designed a Product for a Company to Make and Sell - What % of each sale should I ask for?

    @Dwight Schrute is on the money. You might consider negotiating your take, politely of course. First, create some estimates of how many more they might sell with your branding, and how much it might cost to outsource the design of the circuit. Those are both real costs to the manufacturer, so...
  18. OldFaithful

    My business progress

    EXECUTION 
    Tell me what you do, how you do it, where you're located, what you did step by step, and how much money you make...pretty please. :rolleyes: If you've been following along, it seems that @Mr4213 has a brick & mortar type business in a big industry with plenty of competition, in a high cost of...
  19. OldFaithful

    Inventory is Evil

    HOT! 
    Perhaps it would helpful to ask: Does having this inventory investment help my customer? Does it meet THEIR need? 1) If the customer wants/expects delivery that can only be provided by keeping inventory on hand, then it's good for the customer. Someone, somewhere needs to have inventory to meet...
  20. OldFaithful

    My business progress

    EXECUTION 
    @Mr4213 that is not a useless post! It's a window into the internal motivation that is driving you. Many of us have no other place to vent, since our friends & family don't want to hear about our struggles. I feel for you. This should inspire us to kick it up a notch, if not for those we love...

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