Search results
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Best books for money management?
HOT! BOOKSMy wife and I have fancy French press coffee almost every morning. From our kitchen, LOL. Maybe you should buy her a travel mug. ;-)- Two Dog
- Post #27
- Forum: Books and Educating Yourself
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Discuss acquisition entrepreneurship as a Fastlane launch point...
HOT! CHATThose would be pretty optimistic valuations. I've looked at a bunch of businesses for sale over the years while playing around with the idea of selling my own. Small business with a real-world presence (e.g. services, storefront, restaurant) would typically be valued at 3x annual owner takeout...- Two Dog
- Post #38
- Forum: Business Models, Niches, Industries
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Best books for money management?
HOT! BOOKSYeah, he'd have to clarify. The phrase covers a broad spectrum. I think it becomes "investing" after the basic building blocks are in place. Many of the younger people I hear asking that kind of question are in the paycheck to paycheck trap and really have no idea where their money goes. That's...- Two Dog
- Post #16
- Forum: Books and Educating Yourself
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Best books for money management?
HOT! BOOKSI Will Teach You to be Rich by Ramit Sethi is ideal for you. Including your age. He covers the basics of personal finance from credit cards to investing in an easy to read, no BS manner. These are all things that anyone with a dollar in their hand who plans on accumulating future dollars needs...- Two Dog
- Post #10
- Forum: Books and Educating Yourself
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Estate Planning for Entrepreneurs?
I think it's a viable idea. Fear is easily the biggest motivator, but the potential problems are just so far down the road that it's hard to make people pay attention today. Since I'm the target market and my wife is an attorney who's done some estate planning, I've given more thought than usual...- Two Dog
- Post #12
- Forum: Legal, Tax, Regulation
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Estate Planning for Entrepreneurs?
Ha, I've had "estate planning" on my goals list for at least three years. That's despite my own wife being an attorney who has actually created estate plans for a handful of other people while helping out another attorney three years ago. We have some of the bits in place because of two...- Two Dog
- Post #11
- Forum: Legal, Tax, Regulation
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Estate Planning for Entrepreneurs?
That's right. Hardly anyone - including entrepreneurs - cares about estate planning until middle age or unusual life circumstance (like having a disabled child). Your market is the subset of business owners within that group that have already decided estate planning is needed.- Two Dog
- Post #7
- Forum: Legal, Tax, Regulation
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Multiply Our Revenue Through Strategic Partnership (But There's One Problem)
QUESTIONWhat advantage would they gain by sharing their customer data? You're talking about a partnership that could potentially bring an extra 5 - 10% in annual revenue. That's hardly a game changer for their world. The problem I've always encountered in trying to establish such partnerships is...- Two Dog
- Post #7
- Forum: Business Models, Niches, Industries
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Crippling fear of asking for money. 8 years building and never launching my products.
IDEAPretty much everyone - including me - will tell you fear of selling is something you have to figure out. It's almost impossible to be successful without doing some form of selling. It's a huge skill. You might not be asking prospects for money, but entrepreneurs are always selling something...- Two Dog
- Post #15
- Forum: General Business Discussion
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Why what car you drive matters
HOT! MARKETINGAll depends on your lifestyle. I live in Colorado and have an old Land Rover that's loves dirt roads, wilderness travel and dogs. It can tow anything and is pretty much indestructible. WTF would I possibly do with a $200K supercar with 2" of ground clearance besides trailer it behind the LR or...- Two Dog
- Post #73
- Forum: Marketing Strategy
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Discuss acquisition entrepreneurship as a Fastlane launch point...
HOT! CHATWhy is that? Serious question. It goes directly to exactly what are you buying and why from her. Never heard of this girl myself, but have purchased coaching programs from three people over the years. Two local real estate people and a Google Adwords / online marketing guy to learn marketing...- Two Dog
- Post #27
- Forum: Business Models, Niches, Industries
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Discuss acquisition entrepreneurship as a Fastlane launch point...
HOT! CHATThe SBA doesn't make loans. It partially guarantees loans issued by banks which will have their own lending criteria. You'd need to find a lender with the same loose guidelines who's interesting in financing your deal. That means vetting experience, management ability, marketing expertise...- Two Dog
- Post #24
- Forum: Business Models, Niches, Industries
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Why what car you drive matters
HOT! MARKETINGEver hear of a famous financial book from the 1940's titled "Where are the customers' yachts?" https://movement.capital/book-summary-of-where-are-the-customers-yachts/ That's exactly what I'd think if/when someone who sells SERVICES show up for my business with flashy bling. Back in the real...- Two Dog
- Post #54
- Forum: Marketing Strategy
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The Prosperity Paradox: Why You're Already Filthy Rich...
MINDSETGreat video. Thanks for posting it, MJ. This has been an ongoing topic of discussion with my two young girls for the last few years. As a middle aged man, I've been finding more - probably most - of my "major" life problems nowadays can't be solved with money. Chronic back pain, dog dying of...- Two Dog
- Post #16
- Forum: Mindset and Self-Development
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The Prosperity Paradox: Why You're Already Filthy Rich...
MINDSETComparing yourself to others seems to be a genetic trait. It applies to money along with every other imaginable thing. What I've never understood is why the comparisons are *always* with people who have more than you. Not many people spend time thinking "Well, I made $60,000 last year which...- Two Dog
- Post #14
- Forum: Mindset and Self-Development
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Made my first 100k per month at 23 years old, now what?
GOLD! HOT! REAL ESTATECongrats! Impressive results in a very short timeframe. Mind you are in the one of the hottest real estate markets in the history of the country, but it sounds like you're putting in a ton of effort and it's paying off. I met dozens of people in a similar situation back in 2007 and early 2008 -...- Two Dog
- Post #47
- Forum: Real Estate Investment Forum
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