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  1. pro

    Supplements Business? YES OR NO?

    Unless you have guaranteed contracts to sell the product and it won't go away once the business is sold, then it's a real business. If not, it's a scam. How are sales generated if there is virtually no marketing?
  2. pro

    For Smartphone users: Which one ya got?

    OFF-TOPIC 
    Android Galaxy s2 > all I've tested I can instantly send all my data to the cloud/open files in the application I desire Full browsing experience - no flash limitations Full data/application control Almost 48GB of storage with my microSD My iPhone does look small in comparison and I won't go back
  3. pro

    Shark tank is back!

    Disagree. He sold 750k units = $375k royalties just by replicating historical volume--not bad for a $60k investment. Mark got a good deal. He's not that smart for taking any cash at all. $60k is easy credit card/debt financing
  4. pro

    JOURNAL of Opening a New Business

    HOT! 
    - Web/Mobile/Financial Services - Memberships - Idea: found demand through some partners, ran some experiments, and filled the gap The focus is to improve our margins, and trim risk so we can scale.
  5. pro

    JOURNAL of Opening a New Business

    HOT! 
    - consumer with affiliate partners - varied: some one-time and some ongoing - bimodal distribution depending on satisfaction - niche - online and phone only - relevant marketing and proven product
  6. pro

    Execution help and advice needed for new startup

    WEB/DIGITAL 
    I don't think a tour is the best product. Switch the product to something better. Same audience.
  7. pro

    JOURNAL of Opening a New Business

    HOT! 
    Yes to all three questions. I like to do one thing it at a time because it makes it easier to isolate problems so, for now, just sales. I heard a wise angel investor once say: "I don't understand means no." Thanks. Unrelated: When I drink coffee/later at night, I have a heightened sense of...
  8. pro

    JOURNAL of Opening a New Business

    HOT! 
    Updates: 1) I ended up not leasing the space since my experiment didn't make me comfortable enough with proceeding and the manager I was going to hire didn't follow through. I've found a vendor to outsource the process. By getting a lease/hiring a manager I was turning a profit center into a...
  9. pro

    A Hustler's Guide To Opening an Online Store.

    HOT! 
    $10k is low for 6 mths unless you're under 18 and don't qualify for a job. Aim higher. Also yes keep your SKUs low when you first start. Even 100 sounds like a lot.
  10. pro

    A Hustler's Guide To Opening an Online Store.

    HOT! 
    Good luck managing inventory and all the SKUs
  11. pro

    Gotta love silicon valley and Entreps.

    This is the most interesting thing I've read in 2012 so far! It was such a pain to get a US visa, which involved: lawyers, lengthy application, expenditure in time and money, ambiguity, subjectivity, and misinformation. It was a joke. New innovative alternatives are welcome. Countries should...
  12. pro

    I Did This On Accident & Became A Multi-Millionaire

    Hi Steven, Well done. Based on the numbers above, how does it stack up to several $M? Was this made mostly through publishing? Did you sell any companies or is this from the result of accumulated profit? Great attitude and example of how to play this endurance sport.
  13. pro

    Just bought physical silver!

    INVESTING 
    Jake: 1. open interest = not reflective of real demand - that line above is misleading. Ask a futures trader and they'll explain this to you. Let me summarize: I can have $1 billion of open interest of gold at $1/ounce. Does that mean I'll have that open interest at $1800/ounce? no...
  14. pro

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

    WEB/DIGITAL 
    Bro's ... ? You're clearly excluding the female population: the 50%.
  15. pro

    JOURNAL of Opening a New Business

    HOT! 
    1. I simplified the offer. I narrowed down 4 from products down to 1 that I'll start with based on what I think is a more sustainable business. I know this business very well so I have a unique edge in the market. 2. I also made a sales call to test out this new pricing yesterday. This buyer...
  16. pro

    Just bought physical silver!

    INVESTING 
    OP asked for an opinion. I offered genuine feedback that ended up being right. People hate on the contrarian. I was asked to provide more info on reasoning. I did. Humans are funny creatures...look at the heated anger and assumptions out of nowhere. Btw, while I did get a little "lucky" on...
  17. pro

    Just bought physical silver!

    INVESTING 
    ...down another 3%. It could hit $25 = ~ 30% loss for those who bought at $35
  18. pro

    Just bought physical silver!

    INVESTING 
    Read this and see how this applies: https://www.thefastlaneforum.com/stocks-options-currency-trading/34821-how-trade-credit-spreads.html
  19. pro

    JOURNAL of Opening a New Business

    HOT! 
    Just got an acceptance for a month to month (virtually no one offers it from the start). I put out like 20 offers in a desired area and someone bit. :) Also, I'll keep my coordinates private, at least for the time being, although I narrowed it to two states in a previous post.
  20. pro

    Just bought physical silver!

    INVESTING 
    ...and Silver is down 3.9% today.

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