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  1. pro

    JOURNAL of Opening a New Business

    HOT! 
    Thank you. I am not considering a liquidation event because our cash flow is fine and I don't need capital. In fact, we had an associate offer up to a million dollars of financing just to ensure we could maximize our output with them, but they know we don't need it. We still have room to grow...
  2. pro

    JOURNAL of Opening a New Business

    HOT! 
    I've joined the liquid 7 figure club from being boostrapped. My ventures are still growingly quickly. I expect things to grow exponentially. Most of my clients are in this club. Most of them expect quality. Facts/learnings: Pay attention and make it easy to report problems fast Be on top of...
  3. pro

    Tell.me The Inquisitive Network

    HOT! 
    With a $6,000-7000 budget, how do you expect to gain any real traction?
  4. pro

    Driving me crazy, cars in avatars

    OFF-TOPIC 
    Flights and cabs. I'll get a Tesla X.
  5. pro

    I want to give away money. Legal issues if any

    Legal advice on the internet
  6. pro

    Is Dubai the "Galt's Gulch" in reality?

    yeah, but if you have a business legal issue, what country would you rather be in? Capitalism without good institutions/laws/regulations isn't ideal. When you need legal enforcement in Dubai, gl
  7. pro

    My dad :(

    MINDSET 
    This thread rubs me the wrong way. NEVER borrow from family. Don't ask for people's approval.
  8. pro

    Gurus Exposed

    FUNNY 
    How are most colleges not a scam?
  9. pro

    How much do you pay your CPA?

    https://www.thefastlaneforum.com/general-business-discussion/34520-what-do-you-pay-your-us-accountants-year-corporations-only.html
  10. pro

    One Destination on the Road

    MINDSET 
    You talk a lot and are a bit intense. Easy on the caffeine. Relax. Here's a gift on goals: http://www.youtube.com/watch?v=NHopJHSlVo4
  11. pro

    Selling my van for a fastlane attempt

    Want to buy some other domains for only $750 upfront + $99/month?
  12. pro

    Selling my van for a fastlane attempt

    You're giving 49.9% away for a domain + lease?
  13. pro

    Why shouldn't I quit my job?

    HOT! 
    Karma may not be real but your reputation is real. I don't understand why so many people live a life of lies and deception. Just do the right thing or else many people would never want anything to do with you.
  14. pro

    A business to fund my fastlane business! Feedback wanted!

    PEOPLE 
    You're a pretty greedy bastard -- paying out only 25% for kids to do this when the market rate is higher and kids are misinformed. I don't like it. If you agree to give them at least 50% of your margin, I'd offer good advice. Golden rule.
  15. pro

    Shark Tank: Week 9 - Sheet Music?

    Tulips. No you can't see the valuation by any standardized valuation model. For $600K I could build a better app/company. The sharks must have had additional information not presented on TV or they are degenerate gamblers. Over 50% of the price must be the quality of the entrepreneur and...
  16. pro

    Kony 2012

    OFF-TOPIC 
    Let's talk about the real story. Five Reasons the Kony Video Went Viral - Businessweek Rihanna tweeted about the Kony 2012 campaign to her 14.9 million followers before she’d even talked to Invisible Children. Justin Bieber either tweeted or retweeted about the video 10 times to his 18.4...
  17. pro

    DollarShaveClub.com - Fastlane!!

    EXECUTION 
    Agreed. I'm just saying this is not a reliable acquisition model and it's a viral hit. My post was just meant to be educational and give an alternative POV to cut through the "sexy and viral" hype. Bottom line: I'll admit the execution is awesome but if you're a BOOT-STRAPPED entrepreneur...
  18. pro

    DollarShaveClub.com - Fastlane!!

    EXECUTION 
    It's still a crappy business with a lot of razor burn. Let's assume 12,000 units per viral launch with $0.50 profit/unit sold and a 6 month average stay period. 12,000 * $0.50 profit/unit * 6 months average life = $36,000/6 months gross margin before fixed expenses The video cost $4,500...
  19. pro

    Sup bro's? What do you all need help with?

    WEB/DIGITAL 
    I want to operate on hyperspeed and I feel like most of the world operates super slow. It amazes how productive some companies are with the help of good structure. I literally take on more projects because other projects have bottlenecks. I've once had to wait nearly 6 months for a project to...
  20. pro

    Solo Internet startup?

    CallMeWonder - I disagree with most of the comments above except nkneuper. I have a similar story to him/her. Do what you want. Don't listen to people just because they're older. Older people will be coming to you for advice and working for you. Get experience. As a graduate of a competitive...

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