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  1. mikecarlooch

    Going Fastlane Like My Life Depends On It.. (continued)

    GOLD! HOT! EXECUTION 
    And just like that, we’re profitable. All we had to do was stop spending so much money. Sometimes you just need the right person to come and tell you you’re doing shit wrong in order to set you on the right path. In this case for me it’s @Black_Dragon43 Wow, it feels so good. We’re starting to...
  2. mikecarlooch

    Going Fastlane Like My Life Depends On It.. (continued)

    GOLD! HOT! EXECUTION 
    1. Discipline myself and stop spending money 2. Start qualifying potential clients and reject those who aren't promising 3. Focus on the better clients and charge more money. Implementing all starting today. Get back to you soon with results
  3. mikecarlooch

    Going Fastlane Like My Life Depends On It.. (continued)

    GOLD! HOT! EXECUTION 
    Thank you MJ! envisioned getting a gold from the second I started this thread. Our next part of the journey is profitability We have a huge profit margin on our sales, it cost us probably $20 to generate a lead we sell for 20-30 fold of that. It's just kind of been like a big lab experiment up...
  4. mikecarlooch

    Going Fastlane Like My Life Depends On It.. (continued)

    GOLD! HOT! EXECUTION 
    They're actually way easier to convert. And i think instead of our $100 / month we can charge them $200 / month + performance. They're also way easier to deal with. The brokies have no idea how to work a lead and then come back mad at us because they are trash sales people with no track...
  5. mikecarlooch

    Going Fastlane Like My Life Depends On It.. (continued)

    GOLD! HOT! EXECUTION 
    Well what I'm trying to get my partner to agree to is the following: We have some clients that pay much more per lead and some that pay less than half of that. The difference between the two is - high end vs low end. rich vs middle class. For specific leads, people are willing to pay more...
  6. mikecarlooch

    Going Fastlane Like My Life Depends On It.. (continued)

    GOLD! HOT! EXECUTION 
    20 paying clients currently. At some point in a new business you realize there are two beasts you face: 1. Getting your first sales 2. Getting profitable Do not underestimate the time the second may take.
  7. mikecarlooch

    Plant Money Trees By Making SYSTEMS

    GOLD! EXECUTION 
    almost 2 years later, this thread is coming in handy big time. After coming back here I'm sitting down my whole saturday today writing out every single detail of tasks that can be turned into a system. Can it be automated with code? can it be automated with VA's? or do we need an employee...
  8. mikecarlooch

    Going Fastlane Like My Life Depends On It.. (continued)

    GOLD! HOT! EXECUTION 
    Hey @Black_Dragon43 your strategy is working. We have 10 clients paying us $100 / month + performance. We essentially have people giving us money in order to give us more money. The business model works like a charm. We don't auto-bill them, they actually make a decision on whether or not they...
  9. mikecarlooch

    Are You Quitting 3 Inches From Gold?

    MINDSET 
    Want the truth about starting a business? Your first offer, even the one someone buys at first, will likely suck. You're likely going to make a few people unhappy at the start. It will feel like the end of the world to you.. like your idea is going to fail. People may be telling you they...
  10. mikecarlooch

    Going Fastlane Like My Life Depends On It.. (continued)

    GOLD! HOT! EXECUTION 
    It's pretty crazy. I used to think to myself "all I want to do is make 1 sale and i'll be happy" now, if I don't make atleast $200 / day, it's a fail. Soon it will be 1000, and eventually I'm aiming for 10..!! Also, a $4/ hour virtual assistant freed up about 6 hours of my time per day...
  11. mikecarlooch

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Made it 2
  12. mikecarlooch

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    We already got our first customer for this. $100 / month + performance
  13. mikecarlooch

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    This might make you see a bit more what I mean - but we're in lead generation. Saying to someone we'll get you 10 leads predictably that match your exact criteria is an uncertain promise. But every single person has a criteria. A lead that is worthless to one person is worth thousands to...
  14. mikecarlooch

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Yep. we're going to try this. We can have our cake and eat it too.
  15. mikecarlooch

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    To reiterate - we do. We’re making about $3k recurring monthly right now with the client based model. I’m just wanting to switch it to the other
  16. mikecarlooch

    Launched a social media page for my app but I haven't gotten new followers yet

    MARKETING EXECUTION 
    You don't get new followers. you manually go out and find early adopters, selling each of them individually over the phone on using your thing.
  17. mikecarlooch

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Hey guys, I am looking for some advice. My business partner and I have been debating over our business model. The type he wants is a client model, where it's paid monthly. His reason is because the company is worth more if you have subscribers. The type I want is one where people come back...
  18. mikecarlooch

    The definitive Fastlane guide for teenagers...

    GOLD! HOT! IMPORTANT! 
    I wasn’t talking about cheating. I’m talking about actually selling a valuable service and making someone happy
  19. mikecarlooch

    The definitive Fastlane guide for teenagers...

    GOLD! HOT! IMPORTANT! 
    ask somebody for money for something valuable and show them the money you made
  20. mikecarlooch

    Going Fastlane Like My Life Depends On It.. (continued)

    GOLD! HOT! EXECUTION 
    We recently made another big decision, we're going to be getting a $15,000 feature built since what we're doing is working so well. The reason for this feature is as follows: It allows us to charge more for an even better service which takes our customer's perceptions & value received from us...
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