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Search results

  1. odihost

    Scaling business

    $1000 is like a marketing cost. This business basically software distribution business. I also own the software development and support company, but it's in different company. Thanks All, I think I know what to do now
  2. odihost

    Scaling business

    I'm just simplifying things. In reality, people would keep using the software since a business software, and it would be hard for them to move to another provider Existing business that is only break even.
  3. odihost

    Scaling business

    Thanks. That's very helpful. How about if we are not able to take a loan and need to use our own money. So after two years, from $1,000,000 you will get 1,500,000 or 50% return in 2 years, or 25% return yearly. But that's only number, and the reality is on the first year, you won't break even...
  4. odihost

    Scaling business

    it's a software subscription business
  5. odihost

    Scaling business

    Assume you are spending $1000 for marketing and will get the business payment $750 at the end of first year and another $750 at the end of second year. Assume no competition. Is this a good business. My concern is the cashflow, because I'm spending money and get it back in 2 years
  6. odihost

    Scaling business

    yeah, but not for me.
  7. odihost

    Scaling business

    If I have a business that need $1k and can get $750 and the end of first year and another $750 at the end of the second year. The business is scalable. You only get your initial investment after 2 years. Would this be a good business? Would you take a loan for this kind of business?
  8. odihost

    Financial Independence Journey

    EXECUTION 
    I mean how much effort do you spend dailly for this business? Or total hours spent for this business? Sent from my Lenovo S660 using Tapatalk
  9. odihost

    Financial Independence Journey

    EXECUTION 
    How many hours did you spend a day for this? Sent from my Lenovo S660 using Tapatalk
  10. odihost

    New member need your urgent help

    INTRO 
    get work, work hard, save money then start building your project gradually. Is this a unique idea?
  11. odihost

    Share your thought of become a freelancer and small business owner

    I've done freelancing then hire some people to help. I guess the hard part is you need to have other skillful people to help. If they are skillful then they can just do freelancing on their own. Just need to save money and invest on it. What's your startup about?
  12. odihost

    Convincing a Company to Expand to Your Country (Where You Manage It)

    PEOPLE 
    I've experienced something similar. I have a client that later ask me to setup a company in Indonesia. Just need to convince them that this is a great place to setup a company. We have lots of universities in town, so can find lots of people.
  13. odihost

    Employees Working In Your House?

    PEOPLE HOT! 
    i have 4 employees working at my house. They are in 4 room. The only issue they complain is the the cry of my kid
  14. odihost

    Any Quality/Value Investors Here?

    INVESTING 
    I'm using value investing as well but some adjustment. I buy cheap stock with good growth prospect
  15. odihost

    Question for Experienced Investors and Entrepreneurs

    INVESTING 
    Yes, the first million is usually the hardest. Once you reached that, you usually have the right mindset. Once you go over 1 million, it's a different game. All strategies after that.
  16. odihost

    What Do I Do with all the Money I made?

    HOT! INVESTING 
    First, what's your risk preference and age. If you're still young and willing to take the risk, then invest in stocks, don't trade. If you're not a risk taker then invest in bond.
  17. odihost

    "green" mompreneur - saying hello

    INTRO 
    I thought green as in the environment
  18. odihost

    Can I Fastlane this possibly slowlane opportunity?

    EXECUTION SLOWLANE 
    I would go to China. That opportunity won't come again. I believe you can have free time as well in China
  19. odihost

    Has anyone ever started a web design business?

    Interesting. So this is basically a hosting business? not a web development business? How do you promote the business?
  20. odihost

    Has anyone ever started a web design business?

    That's true, price is a very important part, but quality is also important. If you have low price and good quality people will come again and basically trust you and willing to pay more. Key to price is to get good low paid staff $4/hour or $700 a month that will get a very good developer, you...
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