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  1. P

    Evaluating Your Business Idea: A Series of Crucial Questions to Ask Yourself

    IDEA 
    On this thread you will find a practical way to do this https://www.thefastlaneforum.com/community/threads/the-great-way-of-testing-any-idea.105266/#post-1023135
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    Seeking a Way Out of the Inertia I am. Trying to Find Something to Create Value

    SIDE HUSTLE EXECUTION 
    "Regarding referral marketing, you say, acting as an intermediary where you offer these solutions for companies to improve this relationship of being indicated by customers?" This is one of the possible approaches. You provide them assistance to solve problems they have. As we are going into a...
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    Financial Literacy Resource

    INVESTING 
    In addition to MJ books you can look into Robert Kiyosaki books (Rich Dad Poor Dad, etc.)
  4. P

    Skills

    IDEA 
    Start with writing skills. Then when you start learning coding you can write about coding and use these parts to write a learning course or e-book you can sell.
  5. P

    Helping Parent's Company from Abroad: Where to Start

    PEOPLE EXECUTION 
    Some suggestions. 1. Improve current processes (contact list, etc) 2. Use you current clients to refer you new clients by implementing a referral or income sharing program.
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    I've come up with an incredible idea, but don't have the skills to execute it (yet!)

    QUESTION 
    If you have sufficient resources you can use the standard approach and find experts you need via employment agencies, sites, etc. A non-standard way is to use profit sharing model.
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    9 Questions to Ask Yourself for a Complete Marketing Plan

    MARKETING 
    People buy if they have want/need and money to buy. If there is no want/need they will not buy. If there is want/need but no money to buy they will not buy. That is why allways there some people who do not buy.
  8. P

    Seeking a Way Out of the Inertia I am. Trying to Find Something to Create Value

    SIDE HUSTLE EXECUTION 
    "the only one I really started with was the affiliate business" If you are familiar with affiliate marketing you may find success in referral marketing. There are many problems that can be solved with referral marketing, for example: -keep customers loyal; -reduce churn rates among customers...
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    Closing my company – Post-mortem analysis so you can learn from my mistakes

    EXECUTION 
    "And people buy stuff they don't need even when money is tight. I bought a Starbucks coffee today which I didn't need but I wanted." Andy, you bought a Starbucks coffee because you have enough money to do this, even so money is tight. If you will be in conditions when you need to make a choice...
  10. P

    what is the best side hustle to start making money immediately?

    SIDE HUSTLE EXECUTION 
    "what would you guys recommend?" Do what you can do best of in a new and creative way. For example, if you have strong gardening skills then do it. To win a competition game use some sort of referral or income sharing programs.
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    Building accountability to get sh*t done

    MINDSET 
    "Also, what have you found that's worked best for keeping yourself accountable to consistently move yourself toward your goals?" Time is the only resource we can not create. Therefore, do not waste it. All other (money, asserts, popularity, success, etc.) you can get if you use your time wisely.
  12. P

    My story

    INTRO 
    Welcome Alex! Browse posts on this forum. There are many people who ask for help in building a demo website or testing a prototype. With your skills set your will be able to help many of them.
  13. P

    ChatGPT (and other AI) Business Ideas?

    IDEA 
    Entertain boring and ill people.
  14. P

    Closing my company – Post-mortem analysis so you can learn from my mistakes

    EXECUTION 
    The problem is that 95% of people (including 60% of medical doctors) interpret results of medical tests incorrectly. This leads in some cases to incorrect diagnoses and in some cases to fatal results. If you want to learn more about this and related problems in medicine, here are some books to...
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    Closing my company – Post-mortem analysis so you can learn from my mistakes

    EXECUTION 
    This work well in normal economic conditions. It does not work in recession, inflation, etc., because people do not have enough money to buy what they want and spend first on what they need.
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    Web design side hustle

    SIDE HUSTLE 
    Here are some more suggestions (practical): Post your offer in schools, colleges, places where unemployed skilled workers are, etc. Statistically, 97% of people are risk averse and only 3% take a reasonable risk if it within their risk tolerance level. Therefore you have 3% chance of success...
  17. P

    Closing my company – Post-mortem analysis so you can learn from my mistakes

    EXECUTION 
    FDA issues warning as women abort healthy babies due to false positives on prenatal genetic screening tests FDA issues warning as women abort healthy babies due to false positives on prenatal genetic screening tests There are many solutions available, but majority of people are not aware about...
  18. P

    Any advice please?

    FTE QUESTION 
    "What do you think i shall do please?" Try to find people who will agree to work with you on revenue sharing business model.
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    Web design side hustle

    SIDE HUSTLE 
    "I am currently too broke to take any courses" Find some professional who can do it and agree to work with you on a revenue sharing model. Try to use referral and revenue sharing models in a creative way. Look how Tesla Motors did it.
  20. P

    My New Remote Cleaning Businesses

    EXECUTION 
    "Trying to make it as a new cleaning company in the retail market ie owner/occupier homes is too competitive" If you implement some sort of referral or revenue sharing programs you will be able to win in such strong competative environment.

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