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  1. TheWiseGuy

    Anxiety Relief Idea: Boo or Yay?

    IDEA FEEDBACK QUESTION 
    I've been pondering on ideas that are: 1. Replicable 2. Benefit from Customer Lifetime Value I've thought up a funky concoction of two existing products. In my mind, it actually sounds quite cool. But I'm asking myself "does the world ACTUALLY need something like this?". I'm hoping some of...
  2. TheWiseGuy

    Starting an ecommerce Niche Business (online Shop)

    EXECUTION 
    Here's an example: When I first started my business (I'm not a millionaire BTW, LOL!), I made a landing page and ran Meta ads to it to collect emails. I was so F*cking pumped, I got like 40 sign ups. At last, I launched and sent my audience that crucial email: "GET YOURS NOW!" and.... crickets...
  3. TheWiseGuy

    Starting an ecommerce Niche Business (online Shop)

    EXECUTION 
    From experience, I'd tend to agree with your friend. It's good that you got some validation by people giving their email, but I wouldn't be surprised if none of these people convert. - Are you able to take pre orders? Or possibly create a checkout page that conveniently doesn't take payment...
  4. TheWiseGuy

    What are your favourite quotes from the MFL?

    BOOKS 
    That's powerful
  5. TheWiseGuy

    Goooooooood Morning Vietnaaaaaaam

    INTRO 
    Love the enthusiasm, great to have you here.
  6. TheWiseGuy

    Should i go back to school?

    IDEA INTRO 
    Sounds like you're taking on a lot for your age. I commend you for this, and remember- you'll get stronger for this. You'll have the advantage in business because you've been through some real shit. Never think of it as a curse. I advise to continue working and try work on a GED equivalent if...
  7. TheWiseGuy

    How to become a man of value?

    MINDSET 
    Go to the gym, workout, eat good and improve your wellbeing. Find a problem, find the solution and provide the solution for a profit. There's really nothing else to it. It's just mind numbing work with little or no rewards for a long time.
  8. TheWiseGuy

    Thoughts on AirBnB Co-Hosting

    SIDE HUSTLE AIRBNB QUESTION 
    I asked myself this question after posting-- it seems it can be fastlane if done efficiently. The creation of a system would require an upfront time investment, but could be smooth sailing afterwards. I'll need to begin my research lol
  9. TheWiseGuy

    Thoughts on AirBnB Co-Hosting

    SIDE HUSTLE AIRBNB QUESTION 
    Sounds pretty viable from an owners perspective.. only pay if the jobs done. I guess I'll have to look further into this. Although not fastlane, it could be a good way to generate some revenue. Thanks for the insight!
  10. TheWiseGuy

    Thoughts on AirBnB Co-Hosting

    SIDE HUSTLE AIRBNB QUESTION 
    Awesome. And I'm guessing it's commission based?
  11. TheWiseGuy

    Thoughts on AirBnB Co-Hosting

    SIDE HUSTLE AIRBNB QUESTION 
    Like many of you, my Instagram algorithm is saturated with these "Get Rich Quick" broccoli haired 17 year olds. Sometimes, these people are awfully believable. I find myself asking "are you ACTUALLY making €XYZ in a day, just for setting appointments?" Then, like the swift shock of cold water...
  12. TheWiseGuy

    The "$1K A Day" Test - Do You Have a Scale Problem?

    GOLD! EXECUTION 
    This point resonated with me. As my journey continues, I see the utmost importance in this. Unless your product is F*cking mind-blowing, single product businesses can sometimes be an acquisition treadmill. At least there's some survivability if you have 15 people paying €XYZ per month. Don't...
  13. TheWiseGuy

    Complicated interpersonal relationships.

    MINDSET 
    Can you provide more context?
  14. TheWiseGuy

    At 18 Years Old I've accomplished my PURPOSE and I feel BAD.

    MINDSET CHAT QUESTION 
    Get yourself a girlfriend, hit the gym and travel with said girlfriend. Your purpose isn't money anymore. So what is it? Only you can answer that question. And you can only figure that question out by trying new things.
  15. TheWiseGuy

    What’s the most unique way to validate a business idea?

    MARKETING 
    Validate by getting paid. I made the mistake of trying to generate leads from a landing page. 0% of those who signed up actually converted. It's easy to say you like an idea, but "liking" an idea ≠ revenue. And revenue is your lifeblood.
  16. TheWiseGuy

    Help

    INTRO 
    I agree with MJ- pursuing your passion usually ends up tarnishing it. In saying that, guitar lessons could be a good side gig to get off the sidewalk. Is there any problems guitarists have that you might be able to solve?
  17. TheWiseGuy

    Financing options for a potential business acquisition

    IDEA 
    This is the correct answer. I'm sorry dude, but your plan is absolutely ridiculous.
  18. TheWiseGuy

    Bootstrapping a candle/soap/bathbomb business & getting off the sidewalk

    EXECUTION 
    Candles are looking great, Rosie! Best of luck at the stalls-- you're ahead of most people! I'll be following this thread closely!
  19. TheWiseGuy

    Scared of raising prices? Realize this

    MINDSET SCALING 
    If the thing you offer warrants it, raising prices generally isn't a bad thing. If anything, you'll attract higher value customers-- which usually means less complaining.
  20. TheWiseGuy

    I suck at execution. How do i improve?

    PEOPLE EXECUTION 
    What does your app do, specifically? Have you spoken to business owners to softly validate the utility of it? As for living with your parents- who gives a shit? I don't know where you live, but in my country, housing prices are a massive issue. Don't follow these ridiculous social norms of...

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