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  1. Ronak

    Where to find business problems (B2B)?

    I understand that you're in a tough spot personally. Many of us have been there, and it is very challenging. You probably have lots of people that genuinely care for you, like family, friends, etc, that truly want to see you succeed. What you may not see is that it pains them as much as it...
  2. Ronak

    Where to find business problems (B2B)?

    Wow. You do realize that this forum was created and based on the principles of the author, right? It is probably the farthest from "motivations" you can get, and is based on solid principles. If you take the time to look around, you'll find hundreds of success stories from people who started...
  3. Ronak

    Where to find business problems (B2B)?

    You can easily google it. It took me literally 5 seconds to lookup "industry challenges for roofing". Industry journals are another-- again, google x industry journal and you'll get a ton of results. The issue will not be in finding the problems. If you approached someone the way you wrote your...
  4. Ronak

    "Biz for Sale" Bird Dog...is this a thing?

    Absolutely a thing, but what you could make depends on how far along you tackle the deal, deal size, your diligence, etc. A simple referral would probably get a flat fee, whereas getting it under LOI, closed, financed, etc would warrant a cut. Some good info here...
  5. Ronak

    Services I Overpaid For

    I tried to use taskrabbit a couple of times. One, it's more expensive, probably double per hour. Two, it's limited to only a few available taskers and their own schedule. What I like about CL is I set the terms, and then people self select and contact me, so there is no back and forth on those...
  6. Ronak

    Services I Overpaid For

    1) I needed a part replaced for my beater car. Auto shops wanted anywhere from $250 to $500. I had a certified mechanic do it for $40 and $20 in parts. Bonus: He came to me and worked in my driveway, saving me hours of waiting and drop off/pick up time. 2) on multiple occasions I needed...
  7. Ronak

    Should I buy this business?

    HOT! 
    Amazon is a unique animal. You say "if" you can do what you think. I'm not trying to doubt your abilities, but rather, shed light on what could happen. Will it actually sell on Amazon? Can you throw up some listings and test it? Offer the current owner to do it as a benefit to them. Let's say...
  8. Ronak

    Should I buy this business?

    HOT! 
    Make sure to account for this in your calculations. If you have to pay $3000/mo to lease space that the owner didnt have to account for since he owns the property, that's a significant chunk of your cash flow. The offer should be based on a multiple of your number, not the seller's. Re...
  9. Ronak

    How to scale my business and finally profit

    HOT! 
    Just some ideas off the top of my head: Get your average order value up, split test either a 2 for $40 or buy 2 get 3rd free promo (maybe test with your customer/email list). Make sure your cash flow can support it, of course. Yes, margins as a percentage will go down, but absolute profit should...
  10. Ronak

    Importing - Factory Payment Terms

    SOURCING 
    I have a supplier that does 30% deposit, with balance due 20 days AFTER it ships. Relationships can make a big difference in China.
  11. Ronak

    2020 Fastlane Summit at Talking Stick Resort... Event Info

    MEETUPS 
    I would attend again during the 1st series of dates. I will also post later with potential speaker topics.
  12. Ronak

    TAMPA BAY, FL Fastlane Meetup

    MEETUPS 
    I'd be open to meeting Thursday the 3rd if others are good with that.
  13. Ronak

    TAMPA BAY, FL Fastlane Meetup

    MEETUPS 
    We can always do Seasons and then head over to Davidoff, it's like 1-2 miles away I'm open for that weekend as well.
  14. Ronak

    TAMPA BAY, FL Fastlane Meetup

    MEETUPS 
    Let's do it! I vote for option 1 or 2 for location. Does Kona have private/semi-private seating for groups? If not, then Seasons would be ideal IMO.
  15. Ronak

    Dressing For Success... Stop looking like a fool.

    HOT! PEOPLE 
    Looks pretty standard, both are good choices
  16. Ronak

    TAMPA BAY, FL Fastlane Meetup

    MEETUPS 
    She's 39 weeks, haha. They change your world, but are completely worth it :)
  17. Ronak

    TAMPA BAY, FL Fastlane Meetup

    MEETUPS 
    I got a baby on the way any day now, but could probably come out for a meetup later this month. Maybe 27th or 28th?
  18. Ronak

    I made a sample and sold it quickly, but still skeptical. Is there enough feedback?

    Assuming this is a printable product (t-shirt, mug, etc), just google print on demand companies or go on aliexpress, you should be able to order the quantity you want.
  19. Ronak

    How much equity should I give this All-Star?

    NOTABLE! PEOPLE 
    I highly highly recommend a book called Who?, by Geoff Smart. It's a quick read, no fluff guide on finding, vetting, and defining your needs for various team members. Especially useful is their interview guide that helps cut through 99% of the fluff that typically pads resumes and interviews.
  20. Ronak

    How much equity should I give this All-Star?

    NOTABLE! PEOPLE 
    Right now, you're in a binary situation. Either he accepts what you offer, or not. If he feels you are his only option, it puts you in a weak negotiating position. I think you're making the false assumption that there is no alternative. I would go on LinkedIn, and within 5 minutes, you can find...

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