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  1. Two Dog

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

    HOT! CHAT 
    Never knew MJ had a YouTube channel until a couple days ago. https://www.youtube.com/@FastlaneMJ/videos I like.
  2. Two Dog

    How to get onto better local markets

    EXECUTION 
    You're referring to CENTS? Endless ways, but today's answer is "scale doesn't matter at this stage". Just sell cookies. The entrepreneur and execution are what makes scale possible, not the business or the idea. I suppose selling in front of bigger venues IS scale. I just don't think of that...
  3. Two Dog

    Once you quit social media, what did you start using to 'stay current'?

    MINDSET 
    Half an hour each week browsing magazines and newspapers at a shop, news stand or the library goes a LONG way for staying current on pretty much anything while avoiding social media entirely. Yep, dead tree printing still exists.:smile:
  4. Two Dog

    How to get onto better local markets

    EXECUTION 
    The eternal problem with local markets is lack of traffic and data capture for recurring business. Every time my wife mention local markets to sell anything (most recently tie dye bags), I think of the tiny sales window and low foot traffic. For baked goods, my preference is always finding...
  5. Two Dog

    How to find a fundraising consultant? Do we need one?

    INVESTING 
    A good way to start is evaluating the different options to see whether you should raise outside money in the first place. Very, very, very few business are suitable for outside investment. Maybe 1 out of 1,000. Alternative include: pre-sales, bootstrap, credit cards, line of credit, friends and...
  6. Two Dog

    Best platform to begin advertising?

    MARKETING SOCIAL MEDIA QUESTION 
    Etsy?? Someone posted a progress thread recently using Etsy ads to drive traffic to a standalone site for digital product sales. You'll probably get better answers by describing the target market since "physical product" is a bad criteria for choosing a marketing channel and tactics. You...
  7. Two Dog

    The 4 Burners Theory: Can High Achievers Live a Balanced Life?

    CHAT 
    I regret all the times of my life spent largely ignoring the first three burners. The short term results are never worth the long term cost and prioritizing any of them for long enough guarantees future loss. It's a clever metaphor, but doesn't really play out in real life as @Johnny boy pointed...
  8. Two Dog

    Is Dave Ramsey your typical slowlane guru?

    OFF-TOPIC 
    Congrats! Learning to manage and save money - $40K cash is incredible - is a necessary step. A book that has been sitting unread on my shelf for three years. :innocent: :halo: It's finally been rotated into my priority reading list this month. Long overdue. I'm really hoping to learn...
  9. Two Dog

    Dr. Joe Dispenza - Can you cure cancer with your mind?

    GURUS 
    I watched Chris Angel fell on a wrought iron fence, pierce himself through the chest and instantly cure himself.
  10. Two Dog

    I want to work hard for little money

    INTRO 
    Is this for real? Can't be sure... You can sell a dozen different home services by door knocking and start making decent money tomorrow. Window washing, pressure washing, lawn mowing, exterior cleanup. There's a *long* list of home services that require mucho time and very little startup...
  11. Two Dog

    Dr. Joe Dispenza - Can you cure cancer with your mind?

    GURUS 
    My brother just mentioned him to me a couple of days ago. His act is straight out of the church revival tent healing circuit. Hate to break out the ol' "Well, then why doesn't he...", but why doesn't he cure cancer and blindness in a medical setting where there's proof of an actual medical...
  12. Two Dog

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

    HOT! CHAT 
    The amount of time spent being an unwilling part of the technology automation machine is really starting to piss me off. The phone trees were bad enough. It's next level nowadays: confirm text, survey text, 2FA, authorize suspicious credit card charge, confirm address change, 2FA, confirm...
  13. Two Dog

    The importance of having "experience in the market" when starting

    IDEA EXECUTION QUESTION 
    Internet and books - not even close. Add in speaking directly with the users and industry insiders - absolutely. Exactly what I've done myself with RE, fundraising, online marketing and home services over the years. For real estate, I spoke with, met and worked with: listing agents...
  14. Two Dog

    Is Dave Ramsey your typical slowlane guru?

    OFF-TOPIC 
    Why do you think it's crap? DR's advice is rock solid up until it touches investment strategy. Then run run away. Few people will ever be successful entrepreneurs including members of this forum. Debt free, living within your means, saving and investing for the long haul will put you ahead of...
  15. Two Dog

    The importance of having "experience in the market" when starting

    IDEA EXECUTION QUESTION 
    Agreed that private equity and investors generally believe this to be true. Reality doesn't necessarily agree. Keep in mind that very, very, very few startup investments are successful as defined by generating more investor cash than they consumed. Financial success for a lifestyle business...
  16. Two Dog

    How to validate if this thing is future?

    IDEA 
    Nope. Putting considerable time and effort - much less money - into building something that no one will ever use isn't creating value. It's just wasting time. The value at this stage is identifying what the market deems to be valuable since they're the only ones that matter. CAD is a great idea...
  17. Two Dog

    My Self-Storage Investment Journey - Follow Along!

    HOT! INVESTING EXECUTION REAL ESTATE 
    That's not a good way to think about RE opportunities. Be creative. You've contacted 75+ owners and finally found one with some interest. At least run through a seller interview and financial analysis. You'll almost certainly get some useful information about why he/she might sell, leverage...
  18. Two Dog

    How to validate if this thing is future?

    IDEA 
    The product / service / idea / thingy really doesn't matter. Market validation works the same way regardless. You put in the least amount of time, resources and effort to create ___________ to put in front of __________ to gather their feedback. Examples: 1. SaaS application: no-code MVP =>...
  19. Two Dog

    Massive Scale Cross-Border Amazon Arbitrage

    GOLD! HOT! EXECUTION 
    That's perfect! Thx for taking a moment to write it out. I never would have thought other countries would pay more than US buyers or there would be enough margin with international shipping to make it worthwhile. That was a big part of my blind spot in understanding your business model.
  20. Two Dog

    Massive Scale Cross-Border Amazon Arbitrage

    GOLD! HOT! EXECUTION 
    I've only heard about retail arbitrage with local stores providing the inventory. It sounds like you're trying to exploit regional pricing differences and somehow pocketing money. If purchases are being made from Amazon sellers (???) and have to be shipped directly by your store, it doesn't seem...

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