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  1. nyitdom

    Olive oil production in Spain. In need of advice before settling for the business.

    IDEA EXECUTION QUESTION 
    I mean you could apply the same idea to anything that has a need for "insert product" and you've got yourself a basic webshop. Maybe Im misunderstanding something here.
  2. nyitdom

    Olive oil production in Spain. In need of advice before settling for the business.

    IDEA EXECUTION QUESTION 
    Thank you for the response! That helps a lot considering we didn't account water in as a legal requirement. So maybe we wont make money with such small capital. Also that you've broken down many things, now helps to see that maybe this isnt the best choice.
  3. nyitdom

    Olive oil production in Spain. In need of advice before settling for the business.

    IDEA EXECUTION QUESTION 
    Thank you for your response! This is the idea of our collective group, I am personally more inclined towards sociological or networking based businesses such as smma or upselling. Your idea is good, however I dont know how taxes work and I might be overthinking them. Do I first make some money...
  4. nyitdom

    Olive oil production in Spain. In need of advice before settling for the business.

    IDEA EXECUTION QUESTION 
    Could you rephrase it please?
  5. nyitdom

    Olive oil production in Spain. In need of advice before settling for the business.

    IDEA EXECUTION QUESTION 
    Good day fastlaners! I am in need of advice! Two of my friends and me in a year from our jobs will accumulate roughly 50k euros to spend. We were thinking about buying a 3 hectare/ 7 acre land in Spain to grow olives, which we would turn to oil and export to America. We'd need to buy a land...
  6. nyitdom

    Stop With The Ideas

    IDEA 
    Thank you for the feedback. Now that my ego is hurt I have to put up with actually making the business happen. My current limiting belief is a competitor website, but it wont stop me from doing it. If you spot any other issue relating to my thinking, mention it, so I can learn from your...
  7. nyitdom

    I have a brilliant business idea, but I just cant execute it.

    IDEA QUESTION 
    If I sell one without going legal first then isnt that tax fraud ? Answering to @Nvardaro4 I cant move to my families house becuase my family is fd up. Nvardaro4
  8. nyitdom

    I have a brilliant business idea, but I just cant execute it.

    IDEA QUESTION 
    I have gotten the idea of building a business around advertising for other businesses altough I cant make it a legal entity because I dont own a residence. A year from now on I will be able to buy a house because I will go to work to get a house, but until then what can I do? Do I have any other...
  9. nyitdom

    My whole journey on how I made my first million by 23

    GOLD! HOT! EXECUTION 
    What would you do in my situation?
  10. nyitdom

    I know nothing about taxation. Help.

    QUESTION TAXES | REGS 
    Understood. If I make progress I will reply to this message if you want to.
  11. nyitdom

    I know nothing about taxation. Help.

    QUESTION TAXES | REGS 
    Its a guy who got me into crypto. He told me that he can help me with my business. The idea is that I do the business part (build, advertise, expand, etc) and he does the part that I cant (tax, legality and law side). I cant do it because I dont own any residence that I can link my business to...
  12. nyitdom

    I know nothing about taxation. Help.

    QUESTION TAXES | REGS 
    Am I violating the commandment of controll if I have someone else do the law, tax and legality part of the business, but I do the all the others myself? Thereotically I expect half of profit given to him.
  13. nyitdom

    My whole journey on how I made my first million by 23

    GOLD! HOT! EXECUTION 
    Can I take your advice ? I have almost read the millionare fastlane and I have decided to finish the last highschool year by correspondence (if thats the right word) and get into a 9 to 5 job to earn money. Now I dont have a home, I live in the dorm and I have no income except for some crypto...
  14. nyitdom

    I know nothing about taxation. Help.

    QUESTION TAXES | REGS 
    This is an useful answer. How do I find a good tax accountant? What are the characteristics of one ?
  15. nyitdom

    I know nothing about taxation. Help.

    QUESTION TAXES | REGS 
    All I know is that LLC is the best option for me. What should i read, look after or watch in ordr to get a clearer understanding of all this. Making money has became clear to me, but how do I not get in jail for it is a complettely off topic that sadly school doesnt teach us. Books, videos that...

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