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  1. Sanj Modha

    Is Elon Musk a fraud?

    HOT! PEOPLE 
    We have BYD taxis where I live and they're not bad. They're certainly not at the quality level of the Model S but with Warren Buffet money backing them - I don't think it will take them long to start competing with Tesla. Have you seen the Lucid Air? Now that's one hell of an EV. View...
  2. Sanj Modha

    GET PAID INSTANT, DAILY INCOME $800-$1200/MONTH

    HOT! SIDE HUSTLE 
    I think the comments are harsh. The OP clearly states that the money is used to cover rent and bills. It's not fastlane status (yet) but you can easily scale this up by outsourcing jobs to other Mechanical Turks. Most Americans don't even have $1000 to cover an emergency so kudos to this...
  3. Sanj Modha

    GET PAID INSTANT, DAILY INCOME $800-$1200/MONTH

    HOT! SIDE HUSTLE 
    Well done for getting off your a$$ and overtaking 99% of the competition. You should be proud of yourself. Thanks for heads up too. I've never heard of this site!
  4. Sanj Modha

    I'm 29 Years Old With Nearly $1,000,000 In Debt!

    RANT 
    F*ck me. Your headline got my attention! My advice is liquidate fast: sell the house, car, etc. Also, sell your bodies to make up any shortfall. Desperate times and all that.
  5. Sanj Modha

    Is Elon Musk a fraud?

    HOT! PEOPLE 
    I'm expecting an onslaught from the Chinese brands and there's a few. Nio, BYD just off the top of my head are looking to make massive in-roads with China in 2019. Warren Buffet is a big investor in BYD so watch out for them. There's also VW's big plan of selling 1m EVs/year. They're in the...
  6. Sanj Modha

    Is Elon Musk a fraud?

    HOT! PEOPLE 
    I hope Musk proves me wrong but I don't think Tesla will ever overtake China with EVs. There are multiple reasons for this: 1 - The Chinese govt started their EV revolution 20 years ago. 2 - China is the biggest EV market in the world. 500K cars were sold in 2017. 3 - China controls 80% of the...
  7. Sanj Modha

    Can We Talk About Gary V? (Vaynerchuck)

    HOT! PEOPLE 
    Alexis Ohanian came up with that. He's the co-founder of Reddit.
  8. Sanj Modha

    How To Compete With Large Competitors

    Yep, no big CEO will do this.
  9. Sanj Modha

    How To Compete With Large Competitors

    Don't overestimate your competition and underestimate yourself. I run and manage a lot of e-commerce stores but I don't see Amazon as my competition. You know why? They don't buy ads on FB or Adwords like I do. My competition is the newsfeed and Google Shopping. I honestly don't lose sleep...
  10. Sanj Modha

    Is Elon Musk a fraud?

    HOT! PEOPLE 
    I like Elon Musk. I like what he's doing and I've read his bio too. But, do I want to be Elon Musk? Nope. Do I think he's a healthy role model for the next generation? Nope. Is he a fraud? Nope, there's nothing I've seen or read to suggest he is.
  11. Sanj Modha

    What book are you reading? Right now. Post up!

    NOTABLE! HOT! BOOKS CHAT 
    Not at all. Robbins has written the book with Peter Mallouk and sought advice from billionaire investors like Ray Dalio, Paul Tudor etc. I can't think of a better place to start. Also, all profits from his book goes to Feeding America.
  12. Sanj Modha

    Do big goals make you depressed?

    HOT! 
    The problem with goals is that it doesn't factor in the person you become along the way (can't remember who said it. Not me!). And, fixed goals assume that the approach won't change. If I want to make $10,000/month selling potatoes but I suck at selling potatoes - I can sell something else...
  13. Sanj Modha

    Can We Talk About Gary V? (Vaynerchuck)

    HOT! PEOPLE 
    I do a lot of e-commerce but a $1m lunch date with Jack Ma is no good to me. He's on a different planet with e-commerce so you need some context too. Follow people who can help you right now. That's my only advice.
  14. Sanj Modha

    Can We Talk About Gary V? (Vaynerchuck)

    HOT! PEOPLE 
    Creating a business and scaling a business are two different things. Trust me, I'm at that point now and there's a ton of challenges. That being said - a $3m family biz to sharpen your tools with is a great start. I never had that.
  15. Sanj Modha

    Can We Talk About Gary V? (Vaynerchuck)

    HOT! PEOPLE 
    My counterargument to every Gary Vee argument is - if 'hustle' is the secret ingredient to success, why do 75% of Silicon Valley start ups fail? They have venture capital, technology, manpower and hustle on tap. Clearly, there's more to it. China's start up failure rate is 85% and they...
  16. Sanj Modha

    Can We Talk About Gary V? (Vaynerchuck)

    HOT! PEOPLE 
    Is that true though? His dad owned a mom and pop store in NYC. From what I remember - it was nothing special. He grew it into a titan with Wine Library TV.
  17. Sanj Modha

    When to know to back away from a niche?

    Yeah, build a brand. Tobi Lutke (founder of Shopify) said 10% of all online BF sales went through Shopify stores. Small business is alive and well. Don't be scared off by Amazon - they suck at most things.
  18. Sanj Modha

    When to know to back away from a niche?

    I look for 3 things in any niche: 1 - Money 2 - Passion 3 - Scale An example of a niche that fits all three requirements is dog lovers. Dog owners have money since owning a dog isn't cheap, I haven't met an owner who's not passionate about their dog and there's literally millions of global...
  19. Sanj Modha

    Can We Talk About Gary V? (Vaynerchuck)

    HOT! PEOPLE 
    I don't dispute his success but I disagree with Gary Vee's fundamental principles. His glorification of 'hustle porn' is dangerous. A lack of sleep, rest, food, time with your family/friends/dog outlook to business isn't a badge of honor in my opinion. Plus, he's just too angry for me.
  20. Sanj Modha

    Billionaire Ray Dalio: Meditation is ‘the single most important reason' for my success

    NOTABLE! MINDSET 
    Dalio is a big fan of Transcendental Meditation which is what I do, twice a day. FYI - It's a great book too.

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