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    Too scared to fail: Millennials aren't starting businesses

    GOLD! MINDSET 
    Sorry Little Rant before relevant content: I am starting to get sick of all the media millennial talk with their sweeping generalizations, mark twain statistics, and condescending passive aggression. The funny thing about all of these shows, including the one I saw yesterday about millennials...
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    Anybody Here Use a Bowflex Max Trainer?

    Check out rowing machines. Great work out with minimal impact. Plus you can save about $800 depending on which one you get with many being much easier to move etc. The ones I usually use are the cable/fan belt ones, not the super cheapo pneumatic ones. They also have water ones that are supposed...
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    Launch strategy for brick motar shop

    MARKETING 
    There's your idea right there. If this would be a great date spot you should try out some advertising on the popular dating websites and apps. Could be a great way to market directly to your target audience. Just shooting from the hip but maybe some Sunday or after football or another sport...
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    Development Costs and Zonings Role

    REAL ESTATE 
    Wanted to post this video as I thought others might find it interesting. It initially opens up with discussions about tiny houses which leads to a discussion about urban planning and zoning etc. It echos what I have seen with cities with the most layers of bureaucracy often being the most...
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    Make Six Figures From YouTube/eBooks

    EXECUTION 
    My statement was based off his comments about his lack of control over his earnings per 1000 views etc. but I will definitely agree with you about lack of platform control. That being said I know several youtubers who have started to direct their traffic to their own sites, similar to ebayer's...
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    Make Six Figures From YouTube/eBooks

    EXECUTION 
    This is not entirely true. You can control what you decide to advertise on your channel/videos and therefore influence what you earn. You can choose to advertise for your own products/ website etc. on your channel and therefore regain some control over your overall profitability. There are quite...
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    [RANT]: Raise the minimum wage! This is so unfair!

    GOLD! EXECUTION 
    I really think that many businesses should really take a look at their current pay structure and if they can afford to pay more. There are a lot of reasons for this from a competitive stand point. A great example is Costco. They are notorious for having higher then industry average pay...
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    What Do I Do with all the Money I made?

    HOT! INVESTING 
    As previously touched on there are a lot of things you can do with your cash. It always comes down to what you are looking for ie. wealth creation, preservation etc. I am far from an expert money manager and cannot really speak to all the options out there but I would like to contribute to the...
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    My life sucks, so I'm going to make $1,000,000 in 12 months

    EXECUTION 
    $1 Million in a year is completely do able and I see it happen all the time. However, you need to have the skills already to do that and unfortunately that is what takes the most time. Read this article, especially the timeline for building your skillset... "By year 3 you will know how to make...
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    What should Young people do & learn?

    EXECUTION 
    Second vote here. LEARN TO SELL...anything just do it
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    If You Were 18 Again...

    EXECUTION 
    I absolutely wanted to make it to the fastlane but I had very little direction. I really wish this forum was around back then but anyways. Right now I would look at a few options. Option 1: Start some type of service business based on skills you hopefully have already. By the time I was your...
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    Best slowlane "job" to get into...

    SLOWLANE 
    There can be some downsides to it being a business decision only. Like when a million dollar deal falls short because of $20k, the buyer wont move because he can get a better return else ware and the seller wont move because they are still making money so their response is well "i'll just keep...
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    Today is the day I quit university!

    MINDSET 
    I think something important to point out is that unlike a job, which hopefully includes wages, school typically costs money... lots of money. So unlike somebody who quits their job prematurely he was actually stopping the bleeding. (all this assumes you weren't there on scholarship) In my...
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    Thoughts on a business that involves renting out physical products?

    HOT! 
    This makes sense to me. If you have a job that requires a special piece of machinery for you to complete it and it could produce $30k/mo but you have to spend $15k per month to get it it's really a no brainier. My guess, and I am no expert in the oil industry, is that it is a very equipment...
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    Legalized Scamming (Rental Property Stories from HELL)

    HOT! 
    A new construction ground lease or absolute Net lease with a national credit tenant or similarly strong tenant. Think Chase Bank, McDonald's, Walgreen's, or even a large hospital etc. pretty much anything you can think of. Like everything in business and investing it has its upsides and...
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    Legalized Scamming (Rental Property Stories from HELL)

    HOT! 
    I used to do the same thing for a PE company in Chicago. Some of the stories are so crazy that people think you're making them up because that kind of stuff doesn't happen in the US. Including a dead body in a bath tub with a bullet in his head. Few things that I learned: - Try to find and hire...
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    Youtube is the new Fastlane

    EXECUTION 
    I agree with you on working to diversify your businesses income sources, ie traffic sources, different product verticals etc. And I can say from personal experience that it really sucks when years of work gets vaporizes with a change in tide. But here's the deal, no body...never say never...most...
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    The Profit, entrepreneur business turnaround show on CNBC

    HOT! 
    I thought Marcus should have tried to buy out the delusional wife. Then he would have been able to blow the business up.
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    Apartment Investing

    REAL ESTATE 
    Although it was not personally my property, not my cash in, I have done a bunch of this, particularly in the "fringe" neighborhoods of Chicago, over the last few years across a number of different assets, for a few independent developers, and investors. We would even pull buildings out of demo...
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    Apartment Investing

    REAL ESTATE 
    I will agree with that, I never trust the data from anything that we didn't sell. The problem is the way the data is collected leads to a lot of errors and it's often up to the brokers or sellers discretion to report. That being said, as I'm sure you know, you can never look at list prices to...

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