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  1. biophase

    Living below your means is hard

    MINDSET 
    I bet if you made more money you would have bought a 3 series. So ask yourself why? Why wouldn't you buy a 1 if you were making 3x your current salary? I see this mentality all the time. I don't understand it. I had a friend visit me in Vegas recently from out of town who is not currently...
  2. biophase

    Ask me anything about eCommerce (Ongoing)

    GOLD! 
    What would you do with returns if you dropshipped these? When I was dropshipping kayaks, the CC fees and returns killed me. If you sell something for $600, CC fees will be $18. Maybe you are paying $500 to the dropshipper, so you think you have a $100 margin. Now your profit is $82. One return...
  3. biophase

    90s and Early 2000s Rap Chat

    OFF-TOPIC 
    My college days were all NWA, the DOC, Tribe Called Quest, Public Enemy, 2Pac, Kool Moe Dee, LL Cool J, etc... some lesser knowns Fu-Schnickens, Pete Rock and CL, Nice and Smooth, Leaders of the New School. Heck I even had Shaq's albums cause he got skillz. I even went to see Ice Cube in...
  4. biophase

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

    HOT! CHAT 
    Pretty good summary of buying on Amazon. View: https://youtu.be/nQpxAvjD_30
  5. biophase

    Ask me anything about eCommerce (Ongoing)

    GOLD! 
    I would think that $40,000 is enough to launch a brand. Any product that I have launched on Amazon within the past few years have been attached to my brand. So I don’t know how hard it would be to launch a whole new brand without any type of following. I still would assume that your first...
  6. biophase

    The Top Creators of 2022, Building 8- and 9-Figure Empires

    MARKETING SOCIAL MEDIA 
    He has talked about this in a podcast somewhere. He got a sponsor that paid him $10k for a video and he decided to make a video where he gave away all $10k. That video made more than $10k so he figured he could just keep giving away money to make videos that made more money than he gave away.
  7. biophase

    Looking For Perspectives On Using Debt As Income vs Paying Yourself An Income

    INVESTING 
    I feel like this is more like, you own a property you paid $100k for and now it's worth $1M. If you sell it, you pay taxes on $900k. So instead you borrow $500k against it and now you have $500k in the bank account. So it's like you got $500k "income". Of course you are paying interest on the...
  8. biophase

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

    HOT! CHAT 
    There is room for a shelf down there. Other Kenmore fridges have a smaller thinner shelf down there.
  9. biophase

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

    HOT! CHAT 
    I bought a Kenmore fridge for my garage and I thought they forgot the bottom shelf. I come to find out that the model I got doesn't include the bottom shelf! WTF is up with that. Is this how they are keeping prices down? I look more closely at the website photo and there is no bottom shelf!
  10. biophase

    The Most Important Non-Fastlane Thread You will Ever Read (Investing Content Inside)

    NOTABLE! INVESTING 
    Try this link https://www.fbb.com/asset-allocation-for-business-purchases-a-quick-primer-for-buyers-and-sellers/
  11. biophase

    The Most Important Non-Fastlane Thread You will Ever Read (Investing Content Inside)

    NOTABLE! INVESTING 
    It’s as simple as categorizing what assets are being sold and how much each one is. There’s really no trick to it. You just need the buyer to agree.
  12. biophase

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

    HOT! CHAT 
    This is how we are rolling in Colorado!
  13. biophase

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Was the $11 from ETH POW? Because I had one ethpow coin worth $11 deposited into my kraken account a few days ago which had 1 eth in there. Can someone explain this to me?
  14. biophase

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

    HOT! CHAT 
    I recently got my legs x-rayed and found out my right leg is longer by 1/8” than my left. Luckily that is easily corrected when wearing shoes by a 1/8” lift. But when I’m barefoot I’m uneven. 1/8” is nowhere near necessary to correct. But a little more difference and surgery could have...
  15. biophase

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

    HOT! CHAT 
    Honestly, I don't understand what's wrong with something like this. I imagine your problem with this is because she is making her money on Onlyfans. If she had quit her job and started an ecommerce business, would this be a problem? Well maybe if she was selling farts in a jar via Shopify...
  16. biophase

    What Is the Online Equivalent of a "Boring But Stable" Offline Business?

    HOT! 
    But what you are not thinking is of the other side. There are plenty of businesses that do well using social media and probably even more that do just as well not using social media. There are plenty that email their list daily and plenty that don't. You are just bias in your research.
  17. biophase

    What Is the Online Equivalent of a "Boring But Stable" Offline Business?

    HOT! 
    I think you think way too much about this stuff. If you want to open a restaurant, open one. If you want to be a YouTuber, just go do it. If you don’t want to use TikTok, don’t do it. Don’t let all that external stuff make you start a business you don’t want to.
  18. biophase

    Too many checks to use a virtual mailbox. Any ideas/suggestions?

    QUESTION 
    Why don’t you send them to your home and then you can collect them and mail them to her home once or twice a week.
  19. biophase

    Too many checks to use a virtual mailbox. Any ideas/suggestions?

    QUESTION 
    WTF, isn't she working for you? Make her go to a PO box once a day, or have them sent to her house. She can pick one. Other option is to send the checks to your business address and make her go to work daily and sit there for 8 hours.
  20. biophase

    Business partner lies for 3 months on corporate money he spent

    PEOPLE EXECUTION 
    Also I’d like to add that having nothing in writing goes both ways. That means that you don’t owe him anything either. So you just create a new company and transfer all your clients to it, without him. All that other shit you wrote about how he is so dedicated, and cares about your project...

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