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  1. C

    CD's.....the easiest money you will ever make?

    INVESTING 
    Those are some pretty solid CAP rates, and there's a trade-off there in terms of knowing what/when to buy, finding good management, etc. I don't consider real estate to be armchair like CD's, but as you say, the return from a good, well-managed set of commercial properties will far exceed CD's...
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    scared to start

    MINDSET 
    The fear is always there. It just shapeshifts as you become more experienced, even after knocking a few projects out of the park. Half of "success" is a mental game anyway. The idea isn't to become superman and be 100% confident all the time. The idea is to ACT in spite of __________ (insert...
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    Anyone on here had success with private labeling?

    That is the only feasible entrance to the supplement/pharm industry unless you have some major bankroll, connections, etc. Like I said, you will need to somehow increase the average overall order/transactional value so that you can become competitive on the MARKETING front. Your "product"...
  4. C

    How to Make $1 Million Before You Graduate!

    EXECUTION 
    I agree, but this is always the case when mass media portrays entrepreneurs. It's all about the event. Never the process. Hence the mass-scale misconception of what it actually takes to succeed, as so eloquently portrayed by 99% of the commenters. Pretty much all of whom are consumers that...
  5. C

    How to kill a friendship....

    PEOPLE 
    SO true. I also have watched friendships become strained (or flat out demolished) because, early on, I thought going into business with friends was a "great idea". You can guess how it turned out in reality... Don't work with people who aren't on your level - unless you hire them. As for...
  6. C

    Anyone on here had success with private labeling?

    OK - so basically licensing supply and then creating your own whitelabel. I've done this a few times successfully, and a few times not-so-successfully, but with digital products, not supplements or whatever. If you're going to do that, since you are essentially selling a commodity (like...
  7. C

    1k a month by summer

    Exactly - and the answer is BE DIFFERENT. Here's an example... Almost everyone in this market essentially teaches how to pick up barflies. They're hot and I'm sure they can show you a pretty good time, but a very large percentage are also dumb as a sack of hammers and as shallow as piss on...
  8. C

    1k a month by summer

    But only in a market where your clients can pay you huge $$ Plus, this is still trading your time for money. I would consider studying "David DeAngelo's" PUA business. His real name is actually Eben Pagan. The flagship product is called Double Your Dating. According to what Eben has disclosed...
  9. C

    Anyone on here had success with private labeling?

    In what sense? Selling licenses or using them? -Chris
  10. C

    Have web-based opportunities peaked?

    WEB/DIGITAL 
    Bingo. An excellent strategy is to closely watch new marketplaces. All you do is create mass-market offers that are otherwise uber-competitive on somewhere like Google, but where there's only 3 other vendors or whatever on a place like Apple's App Store. Back in the day, I did this with free...
  11. C

    Have web-based opportunities peaked?

    WEB/DIGITAL 
    You're right, but the beauty of online business will always be: 1) Reach (near-unlimited) 2) Infrastructure (virtual, 1000's of times more affordable than brick/mortar) This puts the deciding factor almost exclusively on MARKETING. Get good at that, and you can write your own ticket. This...
  12. C

    Have web-based opportunities peaked?

    WEB/DIGITAL 
    If you find an "untapped" market, ask yourself why it's untapped. Usually it's because there's nothing there. It's like surfing. The best spots are well-known. And if you've got skill, getting waves is easy. In this business it's MUCH easier to innovate within a very competitive market than...
  13. C

    Nigerian on The Fastlane Forum!

    Welcome, aikay One of my best programming contacts is from Nigeria. It's a shame that a few bad apples can ruin it for the whole batch in terms of perception, but the reality is - as always - much different than one would think. My wife and I have had the luxury of travelling to many...
  14. C

    Have web-based opportunities peaked?

    WEB/DIGITAL 
    The web is still the wild west. Plenty of opportunity. I've done quite well with affiliate marketing, email marketing, and product/service development. The dot-com blowup was just speculation and excitement about a new frontier. It wasn't based on value, it was based on the "next-bigger-fool"...
  15. C

    Does this sound like a good real estate idea?

    IDEA 
    You're talking about two totally different things. KIVA isn't an investor network, it's interactive charity/donating for the masses. Nobody will lend private funds out of "charity" or because they "need a hand". It's a symbiotic, profitable deal - ideally for both lender and borrower. The...
  16. C

    Watch what happens to Libya

    OFF-TOPIC 
    I guess the real question is what the "new" regime really is... Remember what happened when Russia and the Balkans became "democratic"? In one sense it definitely opened many doors, but what it also had some severe and unpredictable effects, including mass corruption, mass corporate extortion...
  17. C

    Does this sound like a good real estate idea?

    IDEA 
    Yeah, but then you're basically talking about a MIC, which is what you're describing. (A MIC is a mortgage investment corporation, which is a team of experienced dudes with track records who use your money to set up private deals). Here's an article/interview that more or less summarizes how...
  18. C

    Does this sound like a good real estate idea?

    IDEA 
    Well, with private lending that's as important as the property value. Basically private deals don't happen unless it's a clearly defined bridge loan. A key part of the borrower's proposal (and the contract) is the EXIT, which is usually not much past a year of the initial loan. The other thing...
  19. C

    Does this sound like a good real estate idea?

    IDEA 
    Yeah, as soon as you offer an investment of any kind you need to make sure all t's are crossed, i's dotted. The SEC watches all this stuff like a hawk. Your idea sounds awesome but I wonder about the complexity of actually structuring ownership like that - especially when we're talking about...
  20. C

    Does this sound like a good real estate idea?

    IDEA 
    There's one idea that is somewhat along these lines already in operation, based out of Banff, Alberta (near Calgary). It's called "Prestigious Properties" and their site is Prestigious Properties - Real Estate Investment In North American Apartments/Multifamily Rental Property Investment...

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