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  1. biophase

    What would you do?

    INTRO 
    If your family is facing a serious financial problem, why are you willing to work for free?
  2. biophase

    Building a billion dollar enterprise

    GOLD! EXECUTION 
    Maybe we need a fastlane baller house thread! ;)
  3. biophase

    Should I buy the local ice-cream shop?

    IDEA 
    Well you just learned a lesson that everything you do may be important because you never know who is watching. You may have just lost a $5000 investment by choosing a poor username. What if my username was GreatScammer and I said send me your email and offered to invest in you? How would you...
  4. biophase

    Building a billion dollar enterprise

    GOLD! EXECUTION 
    That seems really high for upkeep. I’d say it’s closer to $25k. Unless you include property taxes as upkeep.
  5. biophase

    Should I buy the local ice-cream shop?

    IDEA 
    I’m guessing the it’s listed at about 1.5x. So the owner makes $20k/year with most of it made during the summer months. He’s prob renting it out for $5k for the summer so he can go on vacation. Chances are he hasn’t taken a summer vacation in many many years because of the store.
  6. biophase

    Should I buy the local ice-cream shop?

    IDEA 
    My parents ran an ice cream shop in the 80’s. I don’t doubt the $800/day on ice cream because a scoop costs around $3 now. Back in the 80’s a scoop was $.69 and they would easily do a few hundred a day in the summer. In winters they were lucky to break $100 a day gross! And most of it was on...
  7. biophase

    Are these books worth reading ?

    BOOKS 
    I’m curious as to what you define as actionable advice? I’ve read this book and thought it was decent. Is there a difference between advice that says find a strong purpose vs move to a different country?
  8. biophase

    Building a billion dollar enterprise

    GOLD! EXECUTION 
    It’s about time you got yourself a baller home! :love:
  9. biophase

    The tortoise and the hare…

    GOLD! EXECUTION 
    I would not take the 1% chance at $10m per 5 years. You have a 4% chance of making $10m in 20 years or being broke. I’m not risking my time with those odds. The problem is that you only have so many 5 year blocks in your life. If we ran this for 20 year time periods. You’d have $10m 4% of the...
  10. biophase

    The tortoise and the hare…

    GOLD! EXECUTION 
    Today I wanted to buy another massage gun that I got from Amazon in 2020. I wanted the same brand and model and when I searched for it, the brand was no longer available on Amazon. I kind of expected this because it was a weird China brand. This coupled with a Facebook post about a company that...
  11. biophase

    My Worst Day

    EXECUTION 
    This was because it was my number 1 priority. I didn’t care about anything else during negotiations. It was all about how much hits my bank account on closing day. I didn’t want to worry about the business I sold anymore after closing. But if I had an earn out, or still owned a small piece, or...
  12. biophase

    SUCCESS STORY: Biophase (eCommerce, Real estate)

    GOLD! 
    Thank you @htown for bumping this thread. I’ll have to make a longer update post as my last post was pre-pandemic. We all know what the pandemic did to real estate prices. I made the above real estate goal in 2016. Now in 2023, I own 5 properties worth about $5.5M. I’ve consolidated and...
  13. biophase

    Doggy Style Harnesses

    IDEA 
    Also on an SEO note. Good luck trying to rank for your brand name. I think the name is horrible. It’s catchy but who is going to find your website without knowing and typing the actual URL? And there’s no way for you to run any ads for it and it will be very hard to find influencers.
  14. biophase

    Doggy Style Harnesses

    IDEA 
    My initial reaction is that it looks heavy. What’s the benefit of this harness vs ones that use a smaller metal clasp or even a nylon clasp. The large metal adjustments on the shoulder are in a bad spot. It will rub when the dogs walks. It looks too large and flat. The back metal adjustments...
  15. biophase

    Why do people buy?

    IDEA 
    Let’s say I need a comb. I look for a comb. The price is $1. I determine that $1 is a fair price to solve my problem. I buy. If the price is $20. I may determine that I don’t need to comb my hair that badly for $20. I don’t buy. Or I look for a cheaper comb. Or I have no idea what I want. I...
  16. biophase

    The Costanza Principle: The secret to your best life?

    GOLD! NEWSLETTER 
    The only sporting event I may go to is the Super Bowl, or a Bears playoff game if that ever happens again. I’m not big into crowded events, but the Taylor Swift concert was awesome! With my recent purchase of a really nice home, I feel like I should have splurged on this about 5 years ago. It...
  17. biophase

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    I use Splice, it’s by GoPro.
  18. biophase

    Business Ethics- Kak vs Dragon

    HOT! MINDSET 
    Sorry don’t know how the word Not got in there. Will fix it.
  19. biophase

    Business Ethics- Kak vs Dragon

    HOT! MINDSET 
    Making money may be black and white for some people, but when it comes to the overall arc of life, making money with questionable morals with be minus EV for most. I just had a "friend" today send me a text that said, "don't tell them our products are made in China, they want made in the USA."...
  20. biophase

    Mover Fees are outrageous

    SIDE HUSTLE 
    And a portion of that time is just them driving! I paid $500 to move one bedroom worth of stuff 30 miles. They charged for the trip driving to my first house too!
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