Search results
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Exiting the Slowlane by Buying a Business
HOT! SLOWLANE EXECUTIONFinally came in yesterday, now 750 pages of businesses to comb through.- Bones81
- Post #20
- Forum: Process and Execution
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The Biggest Oil Company Offers Shares
RANTThey're selling shares in Aramco because they need cash. The prolonged downturn in oil prices means they've had to cut back on some of the subsidies their citizens enjoy such as the cheap gasoline, etc. The royals are terrified of a potential Arab Spring, so they're keen on keeping on keeping...- Bones81
- Post #3
- Forum: Business Models, Niches, Industries
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Recommendations for Cities Near Good Skiing
OFF-TOPICHi All, Leaving the corporate grind in a few months to purchase and grow a business(es) in a mid to large city out west within an hour or two of good skiing. For people living in such a place, I wanted to see what the pros and cons are where you live and how they compare to other mountain...- Bones81
- Thread
- Replies: 0
- Forum: Off-Topic Threads
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Exiting the Slowlane by Buying a Business
HOT! SLOWLANE EXECUTIONSo before one buys a business, one actually needs to know what they're looking for (duh). One of the books I've read recommends coming up with a defined target statement after analyzing your strengths and weaknesses as an owner, available capital, and other limiters (e.g. I want a manufacturing...- Bones81
- Post #19
- Forum: Process and Execution
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Exiting the Slowlane by Buying a Business
HOT! SLOWLANE EXECUTIONIf I wind up pulling the trigger on a business, I will be. I will have done enough research prior to submitting an LOI to be fairly confident it is something I can manage. The due diligence process is where I'll really learn about it as I continue to go through the books and understand the...- Bones81
- Post #18
- Forum: Process and Execution
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From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)
GOLD! HOT!As someone who is about to leave their job and look at an acquisition myself, this has definitely been an interesting read and a thread to keep an eye on.- Bones81
- Post #243
- Forum: Process and Execution
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Exiting the Slowlane by Buying a Business
HOT! SLOWLANE EXECUTIONI think initially my competencies are going to be on the cost management / operational efficiencies side of things. I have seen a lot of businesses for sale where the owner is actually turning down business either because they don't have the manpower for it or they are simply making enough money...- Bones81
- Post #15
- Forum: Process and Execution
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Exiting the Slowlane by Buying a Business
HOT! SLOWLANE EXECUTIONSo update, leaving the job in February with a severance package. Fighting the urge to completely check-out mentally between now and then has been hard. I decided to reward myself with a 7 week ski program in British Columbia that starts in mid-February. Will be nice to be outside and exercising...- Bones81
- Post #11
- Forum: Process and Execution
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How to Get Rich, by Felix Dennis
BOOKSMy Rating: 5 stars out of 5 stars :star::star::star::star: :star: Format: Kindle My thoughts/review: Was a very good read and written by someone who has walked the walk. As others noted, it was a mix of practical operating advice (e.g. manage your cash flow, never give up ownership) to more...- Bones81
- Post #48
- Forum: Books and Educating Yourself
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Never Split The Difference, by Chris Voss
HOT!Listened to the audiobook while on a long road trip. Agree with the others that you need to go back and actually read it, probably several times, to really be able to digest all of it. For someone like me who doesn't enjoy negotiating, it provided a lot of great tactics and insight into human...- Bones81
- Post #38
- Forum: Books and Educating Yourself
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Exiting the Slowlane by Buying a Business
HOT! SLOWLANE EXECUTIONAppreciate all the feedback so far. Something interesting things have happened in the past week. 1. With all the restructuring going on at work, my boss sat me down last week and said that there wasn't going to be a spot on his team going forward. However, I could move over to a new team doing...- Bones81
- Post #10
- Forum: Process and Execution
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Exiting the Slowlane by Buying a Business
HOT! SLOWLANE EXECUTIONI'm 38, single, and have no dependents and have worked in credit risk in various banks since I graduated college. I've got to the point where I'm completely burned out with the job and am tired of being another small cog in the big corporate wheel. After reading TML twice and Unscripted, the...- Bones81
- Thread
- Replies: 91
- Forum: Process and Execution
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I've Read UNSCRIPTED!
GOLD! HOT!Just finished UNSCRIPTED.- Bones81
- Post #2,233
- Forum: Books and Educating Yourself
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Hello There
INTROThanks for all the replies! While the long hours and high stress of banking have taken their toll, it has provided me with some dry powder for business investments. It also gives me a nice cushion in a period of reduced / no income to start or grow a business without having to worry about how...- Bones81
- Post #6
- Forum: Introductions
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The road to wealth is simple: Drive a crappy car
HOT! INVESTINGI remember when I was 23 and got my first job out of college which paid $33k a year. I immediately went out and financed a $20k used BMW. Fortunately I wised up pretty quickly; still drive a BMW but it's a 2007 that I bought 10 years ago for cash. Goal now is to build a business that generates...- Bones81
- Post #162
- Forum: Investing, Crypto, Personal Finance
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I've Read The Millionaire Fastlane!
GOLD! HOT!Read it for the first time in 2017, re-reading it a second time now.- Bones81
- Post #7,075
- Forum: Forum News/Updates
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Hello There
INTROI'm a 38 year old investment banker looking to transition from the slowlane to the fastlane. Really tired of the corporate grind and looking to take control of my life and reshape it into something much more satisfying and enjoyable. While the slowlane has provided me with a decent amount of...- Bones81
- Thread
- Replies: 6
- Forum: Introductions
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