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  1. MyronGainz

    Reality of Investing in Real Estate with a Full Time Jay-Ohh-Bee

    REAL ESTATE 
    Same here!
  2. MyronGainz

    E-Commerce in Canada NEED ADVICE

    MARKETING 
    Not quite sure what they do in terms of branding. My supplier in China, gave me the default artwork for my product (it was an Adobe Photoshop file). I hired someone on Fiverr for like $20 to customize it for my brand. Sent it back to my supplier in China, and when I order from my supplier, it's...
  3. MyronGainz

    Reality of Investing in Real Estate with a Full Time Jay-Ohh-Bee

    REAL ESTATE 
    I guess it depends on how you approach real estate. If real estate is your primary source of income (wealth acquisition), it makes 100% sense to be hands on, you're more a real estate developer than investor. If you have some other source of primary income, and simply use real estate as an...
  4. MyronGainz

    Reality of Investing in Real Estate with a Full Time Jay-Ohh-Bee

    REAL ESTATE 
    Yeah, not sure why you would renovate your properties yourself. "Investing" is supposed to be hands off, a place where you park your money (wealth preservation), watch it compound over the years. The less passive it becomes, the less of an investment it is. OP check out Art of the Deal by...
  5. MyronGainz

    Toronto MeetUp

    MEETUPS 
    Count me in!
  6. MyronGainz

    E-Commerce in Canada NEED ADVICE

    MARKETING 
    Yes I am. Send me a PM if you want to ask me specific questions about it. But I source from China, have it received by the guys over at http://www.fbacanada.ca/ and they make sure the inventory is okay and ends up in Amazon FBA (in Mississauga)
  7. MyronGainz

    E-Commerce in Canada NEED ADVICE

    MARKETING 
    I would 100% recommend FBA. It's worth sacrificing margin for (you will make it up in volume, and less costs associated with logistics/fullfillment). Check out http://www.fbacanada.ca/ they will help you out with prepping and shipping to Amazon
  8. MyronGainz

    Americans investing in Canadian real estate?

    REAL ESTATE 
    Stay the hell away from a 60KM radius around Toronto...that's for sure.
  9. MyronGainz

    Folks, it's 2000 (or 2008) all over again.

    HOT! INVESTING 
    I do understand that GoPro was insanely overvalued.. but it's just like any other business with 1 prominent product. What do you think about Beats Headphones? It's more or less the same type of business, "one-and-done", people don't order a Beats Headphone set every month. Yet Apple still...
  10. MyronGainz

    Folks, it's 2000 (or 2008) all over again.

    HOT! INVESTING 
    I don't understand your first line... could you please clarify?
  11. MyronGainz

    Reoccurring revinue business's

    EXECUTION 
    In recurring revenue business models, cost of acquisition plays a huge role (and is often a massive expense). If you're not careful with retention rates, you can sink your ship fast. Also that whitepaper you linked is from a company that sells cleaning franchises... take it with a grain of salt.
  12. MyronGainz

    I Failed at Importing Even Though It Makes $100k/mo

    HOT! SOURCING 
    Also, is this $100k revenue or $100k net profit? (This makes a big difference in your decision in trying to sell the business)
  13. MyronGainz

    I Failed at Importing Even Though It Makes $100k/mo

    HOT! SOURCING 
    One big difference between a business and just a product is that... businesses have very structured processes. A process for procurement, a process for sales, a process for marketing, a process for HR. That being said, nothing wrong with have solid cashflow from a product... invest it into hard...
  14. MyronGainz

    $1B+ Powerball Jackpot - Did You Buy Your Ticket?

    FUNNY 
    https://twitter.com/gselevator/status/273146528082829312
  15. MyronGainz

    Your First 100 Million by Dan Pena

    BOOKS 
    It's not bad for a quant, but that's a dog with different fleas.
  16. MyronGainz

    Your First 100 Million by Dan Pena

    BOOKS 
    People pay a lot of money for information in this day and age.....and make ALOT of money off it (legal or not), trust me.
  17. MyronGainz

    Crazy NBA Season

    OFF-TOPIC 
    Raptors fan checkin in
  18. MyronGainz

    From ZERO to $10K/month. Follow my journey: Big Dreams + MASSIVE ACTION

    LANDFILL 
    Hit it on the nail. If you want to do client work... don't master SEO (because if you do happen to master SEO, there are a lot more profitable avenues for you than client work)... instead master selling/closing/retaining clients.
  19. MyronGainz

    Money System - What Are You Investing That's Getting 5% Return?

    HOT! INVESTING 
    Oops, I meant Renaissance Technologies. Their Medallion fund averaged a 71.8 percent annual return, before fees, from 1994 through mid-2014
  20. MyronGainz

    Money System - What Are You Investing That's Getting 5% Return?

    HOT! INVESTING 
    Depends on what stage in your wealth/net worth you are in (Wealth acquisition vs. Wealth preservation)

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