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  1. OldFaithful

    My business progress

    EXECUTION 
    Sounds like it might be time to train someone on your team to fill in for you while you're unavailable. Even if they aren't as good at it as you'd like, at least you wouldn't have to turn away customers and feel like you're starting over. It might just lead to a bit more "passive" business...
  2. OldFaithful

    Licensing for SE Asia a waste of time?

    Quite true. It's especially helpful if one can easily distinguish the real from the fake, or the real vendor from the fake vendor. It's common knowledge that a $40 Rolex purchased from a the street vendor will be a knockoff. There really is nothing you can do about the arrival of knockoffs in a...
  3. OldFaithful

    Laid off. Need a new temporary engineering job. How to use linkedin effectively?

    For several years I've kept resumes on Monster, CareerBuilder, etc...and every time I update the resume I get a flood of emails & phone calls from companies & head hunters. Many of them have been contract engineering positions, but often from far flung locales. Give it a try.
  4. OldFaithful

    How Many Businesses Must a Man Fail...

    HOT! 
    Yeeeeesssss!
  5. OldFaithful

    Built a prototype and it works, now what

    As the eMarketing field is not my specialty, and there are so many here that are better at it than I, I'm surprised that no one has suggested you consider eMarketing to get views/likes and pre-orders. There is a lot of info here on the "hows", so all I can add do is suggest you consider it. I...
  6. OldFaithful

    Built a prototype and it works, now what

    Sorry, no links at my fingertips, but you're in the right section. Just start searching the "Inventing, Innovating, Licensing" section.
  7. OldFaithful

    Hi from Houston

    INTRO 
    Welcome to the forum. It will be helpful to read the book, if you haven't already. Best wishes
  8. OldFaithful

    Built a prototype and it works, now what

    Expensive software isn't necessary, a relatively inexpensive & scaled down 2D package will work. Sketchup looks like a good low cost 3D option, but admittedly I haven't used it. I have a chopped down version of Autocad that cost around $100 a couple years ago...but at the moment I can't remember...
  9. OldFaithful

    Young Engineer Introduction

    INTRO 
    Welcome to the forum!
  10. OldFaithful

    Exit the slowlane - My progress thread

    SLOWLANE EXECUTION 
    Welcome to the forum. Best wishes & Godspeed.
  11. OldFaithful

    Sacrificing The Short Term To Benefit Me Longterm

    EXECUTION 
    If you started with 500 and after 6 months are growing 4000/month, then you have around 780% APR. If you got lucky and caught an up cycle, that might explain those short term returns, but this can't last. I would not have quit my day job. If those numbers are real, and the returns continue...
  12. OldFaithful

    Need help, startup roadblock!

    Perhaps many do not, but I guess I'll be the voice of dissent. There are times when you might need to have that business license at the start, specifically in B2B sales. I've worked with a number of purchasing folks & decision makers that wouldn't give an individual the time of day if they...
  13. OldFaithful

    What to ask a manufacturer before placing an order?

    EXECUTION 
    That's a great response to the pricing question!
  14. OldFaithful

    What to ask a manufacturer before placing an order?

    EXECUTION 
    Congratulations. Now things really start to get fun. In my slowlane career, I've done the following when meeting with potential suppliers: 1) Always ask what their core competency might be. Just because they can make a widget, doesn't mean they will be the most efficient at it. You'll find...
  15. OldFaithful

    First time entrepreneur, here it goes!

    EXECUTION 
    I feel your excitement & your anxiety. It will work, just give it time, and don't give up!
  16. OldFaithful

    Being the alpha and taking charge of your life.

    MINDSET 
    Great post! I'd agree with the artofmanliness on the true definition of an alpha. In my opinion, it's much more difficult to be selfless than to be selfish.
  17. OldFaithful

    Meeting A Supplier, When Where and Why?

    This has been my experience too. It's also a bit harder for the supplier to abuse the relationship if there really is a relationship there. If the customer doesn't know anything about you and you've never met, then you're just a number. It's much more difficult, psychologically, to treat people...
  18. OldFaithful

    Elon Musk - Could you survive on $1 a day?

    MINDSET 
    Thanks for pointing out that video. I watched it upon your recommendation, and it was indeed inspirational. It reminds me of a summer I spent in a 3rd world country, 20 years ago. I can guarantee you that the experience forever changed the lives of the 4 college guys in the video, it certainly...
  19. OldFaithful

    Grant Cardone "Buying a House is for Suckers"

    EXECUTION 
    My initial point, exactly. Very well put. :hurray:
  20. OldFaithful

    Grant Cardone "Buying a House is for Suckers"

    EXECUTION 
    I hope you will forgive me for this little dissertation, but I think the confusion here is two fold: the difference between assets & investments, as well as how to choose a supplier. Let's clarify. Asset vs Investment Asset (definition from Google) 1. a useful or valuable thing, person, or...

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