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I'd like to pass this on
I like your definition/formula so much better then the rest.- Pete799p
- Post #4
- Forum: General Business Discussion
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Diary of Opening A New Business
NOTABLE!Jack, I was wondering what tools or methods you use to assess a market or project sales.(trade association data etc.) I know projections are usually not spot on but are there any indicators or stats you look for when assessing the marketability of a new product. When you partnered with a...- Pete799p
- Post #349
- Forum: Process and Execution
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Craigslist selling
I would advertise that you take a percentage and then negotiate it on a deal by deal basis. I have found craigslist to be a game of reading people. After a while you will get an idea of what people are willing give you for your services. If somebody asks how much you can tell them that it...- Pete799p
- Post #8
- Forum: General Business Discussion
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A reminder to never give up.
MINDSETI agree with this to a point. I cannot remeber his name but he was a successful entrepreneur that spoke of the importance of knowing when to quite. However, in the overall game you must never give up. Walking away from a bad idea is not neccessarily giving up especially if you are leaving it for...- Pete799p
- Post #5
- Forum: Mindset and Self-Development
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A reminder to never give up.
MINDSETFor starters I am terrible with computers. Today I was installing a second hand air extreme mac router for my internet and it was not going very well. Since my ISP does not support mac and I do not have the warranty to use apple support I was left with only one option, I had to reconfigure and...- Pete799p
- Thread
- Replies: 4
- Forum: Mindset and Self-Development
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best 800# service cloud, Voip, etc
I am looking to get a toll free/ 800 # for my business. I imagine I will not use it very often and given my current circumstances would most likely need to forward the calls to my cell anyways. I will most likely have international calls in the not to distant future. Because of this I have been...- Pete799p
- Thread
- Replies: 0
- Forum: General Business Discussion
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Occupy Wallstreet Thoughts
HOT!Gotta love a true entrepreneur like jay z- Pete799p
- Post #250
- Forum: Mindset and Self-Development
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Pregress Thread- Or not
I am still plugging along on my wholesale business, recently read a few good books and cannot thank jackedwards enough his thread and answers to my questions are much appreciated. I have developed a great distribution plan and contacts that will make it work. Once the ball is rolling i should be...- Pete799p
- Post #9
- Forum: Process and Execution
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How to: Multiply $100 from buying/reselling from Craigslist
HOT!The reason I have been auctioning is the market in my area is pretty saturated so I can usually buy cheaper then the online rate. I also like the simplicity of auctioning I just print my label and ship. The area I work is large with lots of traffic and tire kickers. I have gotten good returns on...- Pete799p
- Post #80
- Forum: Process and Execution
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So I took pity on this guy and tried to help him.
HOT! PEOPLEI have learned this lesson a lot in sales. I used to try and educate the customer on what the best deal is but at the end of the day you have to sell them what they want instead of what you think they should buy.- Pete799p
- Post #40
- Forum: Managing People, Relationships
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Diary of Opening A New Business
NOTABLE!Sweetjones: i am not saying that this was the best idea i have come up with but this is my thought processes behind it. I have free officespace and a decent amount of storage space to get started which is why I figured I could sell for low to no profit as the only cost will be my time and i...- Pete799p
- Post #331
- Forum: Process and Execution
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Diary of Opening A New Business
NOTABLE!I have found a product I really like and think will sell but the manufacture is on the fence about providing me exclusivity.(downside of networking via the internet). I know if I can make a few sales it will be mine. Have you ever sold products to other distributors without exclusivity if so...- Pete799p
- Post #328
- Forum: Process and Execution
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I don't have a plan......
EXECUTIONAndreas, You are already one step ahead of where I was at 17 because you found this forum. I would read everything you can get your hands on books and the web. If you want to get your feet wet look at businesses that do not cost a lot to start. Many will not be the ticket to riches but will...- Pete799p
- Post #3
- Forum: Process and Execution
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Diary of Opening A New Business
NOTABLE!I love this idea. I have actually been working on something like this for several months but the industry I am entering does not have a trade show until early next year so I have been making contacts via the internet. When you started your wholesale companies did you know how many units you...- Pete799p
- Post #314
- Forum: Process and Execution
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Diary of Opening A New Business
NOTABLE!Without going into detail about your current business do you know of any other methods that people can use to bootstrap their inventory. I know somebody of your success can probably get the manufacturer to front you the product but this might not be an option for less experienced individuals. I...- Pete799p
- Post #294
- Forum: Process and Execution
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The aspect of control with product based businesses.
By market changes I mean trends in consumer demand. It seems that if you are a factory that makes only blue widgets and the market cannot get enough blue widgets business is good. But all of a sudden that market can decide that they no longer want blue widgets but they want red widgets. The...- Pete799p
- Post #3
- Forum: General Business Discussion
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The aspect of control with product based businesses.
I know that control is an important aspect of any successful business. I was wondering what others think about how control is spread out amongst tangible product companies. Manufacturer vs. Distributor vs. Retail. My take: Manufacturer: They have the most control over their specific products...- Pete799p
- Thread
- Replies: 3
- Forum: General Business Discussion
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Millionaires to Buffett: Butt out on taxes
TAXES | REGSI agree everybody I know that served always talks about how much money is wasted. Branson was talking about the benefits of lower taxes in regards to the UK. He said that he thinks they should have the lowest taxes in the world to attract all of the smartest people to create. The following...- Pete799p
- Post #10
- Forum: Legal, Tax, Regulation
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A coupon site vs. a comedy website
Russ H: That sounds like a great idea. Everybody could use a good laugh especially when clipping coupons (not my favorite activity).- Pete799p
- Post #3
- Forum: General Business Discussion
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20 year old college student, let's go!
You sound a lot like me. I am sure my parents hated me for asking why all of time. Looking back I think it is amazing how much trouble asking why got me into. I know teachers hated it when I would ask why.:smxB: I wish you the best of luck in your future endeavors.- Pete799p
- Post #3
- Forum: Introductions
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