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  1. CPisHere

    How do you Operate after a business failure?

    FTE 
    I used old LLC's before - don't think it really matters, but of course probably isn't the best choice.
  2. CPisHere

    Thinking about buying 1 of my vendors...

    UPDATE: We did indeed end up moving to a bigger, better location. That move has not only consumed all of our cash-flow (more space = more fixtures and inventory + higher rent), but also has taken our focus off of possibly getting into manufacturing. It's still something in the back of our minds...
  3. CPisHere

    Featured Case Study on 'I Will Teach You To Be Rich'

    EXECUTION 
    FYI guys - just an update. I was recently featured as a case study on iwillteachyoutoberich.com, "Case Study: From $0 to $27,000/month" Case Study: From $0 to $27,000 / month - I Will Teach You To Be Rich
  4. CPisHere

    Why we chose a B&B for cashflow (and how we got to this point)

    REAL ESTATE 
    What kind of occupancy do you need to make money with a bed and breakfast? How much work is required to keep it up?
  5. CPisHere

    Ask me anything about eCommerce (2012)

    GOLD! 
    I have a retail store with several thousand SKU's over several categories and my POS system doesn't integrate with Shopify/BigCommerce/Magento, etc. This makes managing products a very manual process, which has really discouraged me from pursuing it. Yesterday someone said that I should go a...
  6. CPisHere

    Problem identified, marketable solution?

    Okay focus on backtalking.
  7. CPisHere

    Problem identified, marketable solution?

    Lots of parents have problems with getting their kids to listen to them - do chores, homework, have manners, not talk back, etc. I see lots of attempts at solutions to this problem - parenting books/magazines, or "outsourced parenting" such as camps. Parents are willing to pay for a solution to...
  8. CPisHere

    Thinking about buying 1 of my vendors...

    I own a children's store with my wife. I followed up, but the original vendor has not responded in regards to her customer list, or brand name. I could easily take her place with the sales rep group, it's just a question of if I want to get into that business.... would need more space and...
  9. CPisHere

    Thinking about buying 1 of my vendors...

    This thread didn't get many responses, but I'll go ahead and post an update. The owner never got back in touch with me so I went ahead and put in a $500 order directly with the manufacturer. The product arrives later this week and we're going to start with it just in our store to see how it...
  10. CPisHere

    Thinking about buying 1 of my vendors...

    Okay, some more info. It looks like duty taxes are only 5% (for product + shipping), but the manufacturer offers free shipping and a 13% discount for the size orders I would be placing. That puts gross margins at 54%. I could use the back of our store (or sub-lease a small part of my...
  11. CPisHere

    Thinking about buying 1 of my vendors...

    Yes, I know I can't make a decision till I see the Financials, but for her to just shut down the business seems to strongly imply she couldn't have been making much money (profit wise)....
  12. CPisHere

    Thinking about buying 1 of my vendors...

    I own a retail store (just had our 1 year anniversary!) but have been keeping my eye out for an opportunity to buy a vendor, since it seems that manufacturing scales easier than retail. Today, we went to re-order with one of our vendors only to find out she had closed up shop. I contacted the...
  13. CPisHere

    Has "Everything" You Learned About Nutrition Been Wrong?

    Sugar is not "good", but it has a role in a healthy diet - post workout mostly, IMO. Saturated fat is, indeed, good. Fish oil itself isn't bad, but much of the cheap stuff out there is. Nuts and seeds are okay - not particularly bad, but not really good for you either. Lean meats are fine...
  14. CPisHere

    Intermittent fasting

    HOT! 
    IF works better for some people than others - women do not typically do well on it, while men typically do. Plenty of fat guys do IF & have success. However, IF can require a lot of willpower, and since willpower is limited, it can lead to binges when it is depleted. The more weight you have to...
  15. CPisHere

    Intermittent fasting

    HOT! 
    Personally, I believe fasting in general is best for people who are already lean (or "fat adapted" as Mark's Daily Apple would put it). I've found that IF requires too much willpower if you have 20+lbs to lose, and at some point you will lose your willpower and pig out. Again, this is just my...
  16. CPisHere

    Kang's Fastlane #3 - Retail Business

    I'm also in the retail business. What type of marketing do you do? Newspapers, online, guerrilla, etc?
  17. CPisHere

    What's your favorite podcast?

    I second Smart Passive Income & Mixergy - both great podcasts. IMO, the BEST podcast is Social Triggers if you want to understand psychology and marketing. I also really like the Bulletproof Exec for health-related info & interviews.
  18. CPisHere

    Juicing...The Fastlane to Weightloss?

    HOT! 
    Care to explain more about protein sparing? This is the first I've heard of it. I know a lot of people that have had problems with long-term ketosis. You are suggesting avoiding HIIT while trying to lose weight? This seems quite counter-intuitive.... What's wrong with long recovery periods...
  19. CPisHere

    Juicing...The Fastlane to Weightloss?

    HOT! 
    Long-term ketosis (aka Atkins diet) has many, many problems - I agree. Cycling in & out of ketosis does not have these issues though. A "cheat day" as recommended on the Slow Carb Diet solves this, as does carb cycling. During pure Slow Carb Diet, I lost like 35lbs a year or so ago. After...
  20. CPisHere

    Juicing...The Fastlane to Weightloss?

    HOT! 
    First, calories in vs calories out is an incredibly flawed model. It is only part of the equation because it doesn't take hormones into account. Juicing gives you some nutrients of vegetables/fruit. If you aren't consuming enough veggies or using a supplement like Athletic Greens, it can be...
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