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  1. F

    23 and own shave ice shack, coffee shop, yet stuck

    INTRO 
    That means it doesn't matter whether or not you have a logo. People know your store is there when they enter the library. Nobody is going to stop at a library just for a coffee and walk out. Who? Your customers? No customer is going to tell you that your coffee isn't that good in front of...
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    23 and own shave ice shack, coffee shop, yet stuck

    INTRO 
    I still don't understand completely. Is your store entrance inside of the library or on the outside of the building? Did you count how many people walk in the library on each day? What percentage buy from you? If let's say on average 50 people walk in the library and every one of them bought...
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    My Big Mistake ( learn from me )

    I've experienced a people lying to me a couple of times when I said I'd call them back in 30 mins because I'm driving. Usually they will say the first number that pops in their head like "50" or "100". Then when you call them back they will say that they placed the order with a competitor or...
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    23 and own shave ice shack, coffee shop, yet stuck

    INTRO 
    I don't buy the bad location excuse unless you're on the 2nd floor of a small strip mall. What you're paying for in rent is usually near market rates so if you had a better location you'd be paying more in rent. The likely problem is that your coffee shop sucks. The logo, marketing, prices...
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    My Big Mistake ( learn from me )

    It's BS. You probably told him that you'll help him when you're back at your office so he got mad and lied that he had 50 property notes to sell to you to make you angry. Now he won't pick up the phone because he knows that he doesn't have 50 property notes to sell you.
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    I went into the office today on Black Friday

    I went to an electronics store during the late afternoon on Black Friday and the entire parking lot was full and full of cars looking for spaces. So I ended up parking at a hotel across the street which was also full of cars with people walking to the electronics store. As I went in the store...
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    Made a slow lane mistake, what now?

    You just wasted your time. For you to just recoup your original investment you'd have to gain 4.7% on your investment (to go from £430 to £450) assuming no fees selling the stock. Why would you pay £20 in fees just to buy stock and you only invested £450 are you kidding me? Also a one year...
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    Sneaker Rental Service

    What is this a joke? Nobody is going to put a deposit on the price of sneakers in order to rent them. People rent things because they're broke. Also there is a HUGE difference between genders. Women tend to buy lots of shoes/heels/hangbags/dresses. In fact women have on average 20 pairs of...
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    WP.com or WP.org

    WEB/DIGITAL 
    WP.com is just a managed solution for Wordpress while Wordpress.org is just the Wordpress website. Since it seems that you don't know much about the software behind it I would stick with a managed solution unless you're willing to learn the basics of LAMP. There are tons of guides though that...
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    The mindset of a fastlaner is a loser

    MINDSET 
    If you're not keeping up with the Joneses then you're a loser according to the sidewalker. If you're broke one of the WORST things you can do is buy a new expensive car through a car loan. They will halve in value in just a few years. That's tens of thousands down the drain right there. Yet...
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    Don't pay a penny and learn!

    Nice most of your Youtube videos got 2 views after being online a whole 2 months (mostly from September). The advice given is complete crap btw. Just the fact that your videos have no views proves that you're clueless.
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    How To Value a Business?

    INVESTING 
    It depends on a ton of factors. You'd try to determine how much to pay for it by calculating the total amount of net income from the life of the investment (or just do 30 years out) and calculate the estimated yearly ROI compared to other investments. For a small ecommerce businesses with no...
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    Stop joining MLM "opportunities" ... go Fastlane

    If you think joining an MLM is a good idea then I have a bridge to sell to you. George Parker would sell the Brooklyn Bridge and because there were too many stupid people out there he sold it about twice a week. The people who bought the bridge from him would set up toll booths because they...
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    Why you should avoid business partners at all costs

    PEOPLE 
    So if person A is so bad at business that if they partner with business person B then the company makes 5,000% more income? I would advise person B to avoid partnering up with person A because it's a very bad choice. Math has everything to do with it and can't be ignored because even if the...
  15. F

    Why you should avoid business partners at all costs

    PEOPLE 
    I don't know but it's sure a possibility. What's the likelihood that a 2 person partnership is going to build something on average 2x as big as a sole owner? If it's less likely then it's better to be the sole owner. Based on the data I've looked at so far it does point to partnerships not...
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    Why you should avoid business partners at all costs

    PEOPLE 
    I'm talking about business partners who are supposed work day to day in the company and not VC. How would you get that information from a business partner and what do you mean that the partner has the ins into places you would never get to? Name one example and how likely does this happen...
  17. F

    Why you should avoid business partners at all costs

    PEOPLE 
    I KNEW someone would bring this up which is why I said it was "in general." I can say the same thing to a gambler and show them examples of gamblers who won the lottery. It doesn't mean playing the lottery is a good idea. There really isn't too much data on partnerships to form a more...
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    Why you should avoid business partners at all costs

    PEOPLE 
    The guy probably used the money to go vacation in Vegas and buy a lowering kit for his car. How stupid did that guy think you were to think that you'd accept his grandma's funeral 7 years after her death excuse? I don't get what you were thinking by taking on a business partner. How in the...
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    Why you should avoid business partners at all costs

    PEOPLE 
    Why are people inclined to get business partners? It's a TERRIBLE idea. In general you should NEVER get a business partner. 1. It requires that the partner benefit you more than the cost of giving up ownership. If you give up 50% of your company then the company would have to earn 100% more...
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    Where to go with idea to make weapons safer for law enforcement?

    IDEA 
    This seems like just a patent and licensing play. You're not going to create a whole new product line just because of some safety feature. More than likely the implementation of the idea is already patented even if there isn't a single product out there which has it. 28,000+ patents with the...

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