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  1. Two Dog

    Fastlane Success (8 figure exit!) - Now Back to the Starting Ground !!

    GOLD! HOT! 
    I will counter your math with my reality of knowing several hundred millionaires ranging from single digit net worth to one centi-millionaire. The handful that are fearful about running out of money have always been fearful and will remain fearful until they stop breathing. The guy running the...
  2. Two Dog

    I just made $500,000 tax free in 2 years & 2 days.

    REAL ESTATE 
    It's not artificial. Tons of builders and real estate developers went out of business after 2008. There's been a slowdown in new construction for at least ten years. Add in retired people staying in their homes longer and first time home buyer demographics exploding and you simply run out of...
  3. Two Dog

    I just made $500,000 tax free in 2 years & 2 days.

    REAL ESTATE 
    When I saw 5% and climbing for 30 year fixed rate mortgages last week, I told my wife the real estate bubble (and stories like yours) just ended. It will just take some time to finish coasting. Hopefully, it ends up better for people than 2008. BTW, Austin and the other media friendly hot spots...
  4. Two Dog

    Fastlane Success (8 figure exit!) - Now Back to the Starting Ground !!

    GOLD! HOT! 
    8 figure net worth and you're concerned about running out of money? C'mon. Congrats on the successful exit!!
  5. Two Dog

    How niche is too niche?

    QUESTION 
    My question is - to accomplish what goals? There's an infinite number of lifestyle businesses possible with few customers. Zero IPO candidates. Well, probably not for you. It's often difficult to see or generate customer value when you're not part of the niche market or have familiarity with...
  6. Two Dog

    Starting (and Fastlaning) a lawn care service business

    GOLD! HOT! 
    The problem with this approach is it relies on adding new business near the existing territory. It heavily penalizes new accounts outside of the existing service zone. A better methodology (although probably a bitch to accomplish using spreadsheets) is averaging out the total drive time across...
  7. Two Dog

    Starting (and Fastlaning) a lawn care service business

    GOLD! HOT! 
    Ha, you're starting to get big enough to use route planning software. Our primary customers are delivery / service companies that are growing quickly and transitioning the route planning process from online maps and spreadsheets to an automated system. It usually happens around 5-10 vehicles...
  8. Two Dog

    Asking 80 Year Old Millionaires If It Was Worth It

    MINDSET 
    100%. For better or worse, the line I keep remembering is the astronaut doing a space walk and thinking about his school loans. That's a one line condemnation of higher education right there. Or at least how it gets financed.
  9. Two Dog

    Asking 80 Year Old Millionaires If It Was Worth It

    MINDSET 
    This is both entertaining and worthwhile. Not a single mention of wheelchairs or nursing homes from any of these guys. ;-) View: https://www.youtube.com/watch?v=r6WZuLKOa6k
  10. Two Dog

    Why does it seem like every business failure leads to close bankruptcy?

    EXECUTION 
    Of course it does. You don't understand the things that lead to business bankruptcy. Let's start with addressing the OP's original question. Businesses almost always file for bankruptcy because they become insolvent (run out of cash) and can't cover operating expenses. Sometimes that's external...
  11. Two Dog

    Starting (and Fastlaning) a lawn care service business

    GOLD! HOT! 
    None of these seem to issues for JB's business. Everyone gets a quote with the current system. Similar to optimizing the bidding process with online mapping. You're solving problems that either don't exist or don't matter at this time. I realize it sounds like it would help - and it would - but...
  12. Two Dog

    Starting (and Fastlaning) a lawn care service business

    GOLD! HOT! 
    My first thought was "Holy Crap, he's adding 50% additional profit with one sentence." Actually, it's even higher since you're not staffing the crews for four months. Pretty amazing. Love it. It took a couple more minutes to realize you're also bundling the service. The deal is really "You're...
  13. Two Dog

    Starting (and Fastlaning) a lawn care service business

    GOLD! HOT! 
    The biz growth is impressive along with you taking the time to document the progress over four years. Great job. I love the use of technology for automating processes for scalability. That's pretty much non-existent for local service bases businesses. It's one of the smartest things you've...
  14. Two Dog

    Why do successful people hide?

    MINDSET 
    Really curious about this expression. What's the cultural thinking behind it? US version is "stealth wealth" or "The Millionaire Next Door" from the book. MJ comes down a bit harshly on people who become wealthy by owning a small business and living within their means for a couple of decades...
  15. Two Dog

    To the people who use Wix, Shopify, or Wordpress...

    SIDE HUSTLE WEB DESIGN 
    *** I don't understand how this thread is so popular. Everyone is being trolled. Let the OP code websites in Fortran. Web Development isn't about putting up clones of easily deployed WP sites. If that's your business model for making money, it's going to a really long slog of disappointment...
  16. Two Dog

    What we get wrong about the Mexican Fisherman Parable

    MINDSET PEOPLE 
    I've heard this parable a couple of dozen times and actually just had my daughter read it again at Jimmy John's. Any story plastered across the walls of a popular sandwich chain can't be too top secret, but I've met surprisingly few people who have heard it over the years. It's a great parable...
  17. Two Dog

    Why do successful people hide?

    MINDSET 
    Or that they give a crap about doing it. The underlying assumption is that someone's life will be infinitely better by broadcasting it 24/7 to a million strangers that you'll never meet. That's called being an entertainer. Or a narcissist. Or a politician. Or a celebrity. You can decide which...
  18. Two Dog

    The Rat Race - Chased the Cheese Right into the Trap

    INTRO 
    Glad you found it helpful!! I'm pretty sure giving up 75% of your take home pay will make your life miserable. ;-) How about starting with the ten year plan plus an extra $10 each month and figuring out how to generate the other $2,350 with a side gig or a business over the next two years...
  19. Two Dog

    The Rat Race - Chased the Cheese Right into the Trap

    INTRO 
    Think of it this way. Most of the population has a net worth of ZERO. You're dramatically poorer than all of them right now. One of the hardest lessons for getting started is learning how to do without. That's one of the endless trade-offs with walking your own path before getting things...
  20. Two Dog

    Best books for money management?

    HOT! BOOKS 
    I'd rather run the marathon with no legs than trade in my family, but I also don't particularly like running. ;-) Mortgage is a tough one. Although it's fun to run through the math and argue about renting vs. buying, the reality is almost everyone who's wealthy owns their own home(s). It's...

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