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  1. P

    A tiny improvisation in "The Millionaire Fastlane" book

    "the fuel is draining quickly" here more emphasis is on a speed of the process not on the process iself
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    Practical CENTS Framework - Find & Validate Fastlane Business Ideas (step-by-step guide)

    IDEA EXECUTION 
    "success in saturated markets is the exception, not the norm. And we are looking for a business with the odds in our favor." Think about referral marketing. It is a new and fast growing field, with strong relative values. It is not overcrowded field. Even some experts on this forum confuse...
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    My New Coaching/Consulting/Instruction Business Platform in a Niche Market

    EXECUTION 
    "you are going to give them the referal without expecting a referal fee from the service provider because you had a good experience." Businesses that use word of mouth marketing (WOMM) violate ethical norms (fairness, justice, etc.) Every customer has a customer life time value (CLV). It is an...
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    Advice on Pricing... General Advice

    MARKETING EXECUTION QUESTION 
    "Only have about 50 members at present." If you do not want every time to deal with pricing issues, implement some sort of referral or profit sharing program to your members. In this case a price will be the secondary factor in their decision making because they will have income streams from...
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    Closing my company – Post-mortem analysis so you can learn from my mistakes

    EXECUTION 
    Agree on this point, but nobody expect that everyone will be their customer.
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    Advice on Pricing... General Advice

    MARKETING EXECUTION QUESTION 
    Why not ask your customers what prices they want?
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    My New Coaching/Consulting/Instruction Business Platform in a Niche Market

    EXECUTION 
    "Think about it, if someone you know asks you for a referal for a local service provider, you are going to give them the referal without expecting a referal fee from the service provider because you had a good experience." Yes, this is the old word of mouth marketing (WOMM). It is the oldest...
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    Closing my company – Post-mortem analysis so you can learn from my mistakes

    EXECUTION 
    You are right. It is best to focus on what you are best of. "But thanks for the input anyway!" You are welcome!
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    Closing my company – Post-mortem analysis so you can learn from my mistakes

    EXECUTION 
    This is a good point, we sometimes do irrational things, but in extreme conditions we are forced to survive and make rational decisions.
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    Intro by a 26 yr Seattle based software Engineer

    INTRO 
    "Any advice is appreciated." Find a painful (to consumers or businesses) problem. Develop the best solution to the problem. Sell your products/services based on your solutions. In business idea section of this forum you will find some info to think about. Good Luck!
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    Evaluating Your Business Idea: A Series of Crucial Questions to Ask Yourself

    IDEA 
    You are welcome! Wish you success!
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    9 Questions to Ask Yourself for a Complete Marketing Plan

    MARKETING 
    "Over 700,000 people commit bankrupsy every year in the US. They do that because when they get into debt, they continue spending." Not all countries have such nice bankruptcy laws as US. I agree with you that there are many people who are living beyond their means, but majority of rational...
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    My New Coaching/Consulting/Instruction Business Platform in a Niche Market

    EXECUTION 
    On this page Code of Ethics there are no prohibitions on rewarding your customers for referrals If you do your job well and treat your customer with respect and reword them for helping you grow your business it is not possible to violate Code-Of-Ethics.
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    To distribute or to make it yourself

    QUESTION 
    Here are some suggestions: 1) make them from bio-degradable material; 2) make inside with silver infused (silver protect against multiple pathogens (including viruses and bacteria); 3) make inside with gold infused (there is now a fashion trend among rich people to eat food with eatable gold...
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    My New Coaching/Consulting/Instruction Business Platform in a Niche Market

    EXECUTION 
    Why not try some sort of referral or income sharing programs, so your customers and prospects will refer you new prospects?
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    9 Questions to Ask Yourself for a Complete Marketing Plan

    MARKETING 
    Cheap money enticed many people to go into debt. Now income are lower than in the past and many realized that with diminishing incomes they will not be able to pay debts.
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    Evaluating Your Business Idea: A Series of Crucial Questions to Ask Yourself

    IDEA 
    Maybe these links will be helpful: https://geekbears.com/7-ideas-to-test-your-saas-mvp/ https://www.quora.com/Whats-the-quickest-and-cheapest-way-to-test-a-Minimum-Viable-Product https://blog.saasmantra.com/saas-minimum-viable-product-mvp/ https://appinventiv.com/blog/ways-to-test-mvp/
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    Best tips on hiring?

    There are some recruiters who get % from salaries of those whom they recruit, so you do not pay to requiters any fees. They get % from salaries you will pay to workers.
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    Best tips on hiring?

    Why not use (or outsource this task to) professionals (employment experts, agiencies, etc) Now there are many new types of recruiters with very innovative approaches?
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    I'm new here

    INTRO 
    Welcome Forsureits! "I would like to know why are you guys in this forum and what does it bring for you." On any forum people exchange ideas, opinions, etc. , discuss different topics. On this forum many topics are connected to MJ's ideas, books, etc.

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