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  1. amp0193

    The Burden of Having to Make Shit Up

    SLOWLANE 
    So yesterday was a total eclipse that made its way across the U.S. and around 1pm the southern half of our city was right in the path of totality, so a major event for us (First one here since 1878). I was hanging out with a group of non-entrepreneur friends tonight, and we were sharing stories...
  2. amp0193

    The 4 Burners Theory: Can High Achievers Live a Balanced Life?

    CHAT 
    I heard a talk recently where the speaker mentioned the Four Burners Theory. It goes like this: I'm curious what you all think of this concept, and how you currently have your "burners" prioritized. My response: This concept really resonated for me, and I think has shown to be true in my...
  3. amp0193

    Lean Principles & Creating a Culture of Continuous Improvement

    HOT! EXECUTION 
    Our business has gotten into a rut. We tread water. Make the same mistakes, again and again. It's demoralizing, and people are going through the motions. It's a perpetuating cycle. Over the last month I've been reading and learning about lean manufacturing, and creating a culture of...
  4. amp0193

    Second-Order Effects - The big lesson 2020 taught me

    GOLD! 
    To run a great business, you need to be a great leader. And part of being a great leader, is having the ability to foresee and prepare your company for the future. Your employees and their families are depending on your ability to do so. It's easy to think your Nostadomus when everything is...
  5. amp0193

    Recommendations on taking and organizing notes

    I love to take notes with pen and paper. Something about it helps thoughts "stick". Sometimes I want to digitize these, but it's difficult. I'm currently typing the important ones by hand. I've looked at digital pens, and all of them have horrible reviews. What do you guys use...
  6. amp0193

    Lessons shared to me by the ultra-wealthy

    NOTABLE! 
    This thread will be a compilation of advice / stories shared to me by some incredibly smart and successful people. First story, from a billionaire: "My father taught me everything I know about business. He started out selling watches. Cold calling stores door to door. He had built a nice...
  7. amp0193

    Is your business really making money? Or did you fall into this trap?

    So you sold $1,000,000 worth of widgets online, and your net profit for the year was $100,000. Pretty cool! Give yourself a pat on the back. Actually wait. What was your salary? You did have a salary... right? :( Take a step back and imagine that you wanted to hire someone to do...
  8. amp0193

    How should my daughter sell 100 chocolate bars?

    HOT! 
    I’m now a “Dance Dad” and just got hit with $100 in recital/costume fees. I could easily pay the $100, but the studio is doing a “World’s Finest Chocolate” fundraiser, so I’m going to have my 4-year-old raise all $100 herself and learn about entrepreneurship and hustle in the process. So...
  9. amp0193

    Need an SEO Expert to Audit our Website

    Our ecommerce site, built on Shopify, has been running for 2 years, with exactly zero attention paid to SEO. I know nothing besides the general concept of "it's good to get links from big websites". Alt tags.. page titles and descriptions... meta tags... whatever basic bare bones "seo...
  10. amp0193

    Getting Exclusive Distribution Rights

    I recently got exclusive U.S. distribution rights for the products of a European brand. Here's how I did it: Step 1) Find a gap in the market. In my case, consumers were paying tons of shipping to order these from Europe. There was no U.S. source to buy from <--- Opportunity! Step 2) Open...
  11. amp0193

    [Progress] - Getting Angel Investment

    EXECUTION 
    First, I wanted to start this thread by acknowledging the incredible value dropped by @Scot on this same topic in his recent Insiders thread. It's worth springing for that Insiders subscription to see the cool stuff he's up to. Like @Scot, I also recently made the decision to start seeking...
  12. amp0193

    5 Years on the Fastlane Forum

    So I get this notification today: 5 years? I can barely remember 5 years ago. 3 jobs ago, 2 apartments ago. All the business knowledge I now take for granted, was not even a thought in my head. I don't remember how I ended up here. I guess I was trying to "get on top of my finances" and...
  13. amp0193

    Medical Tourism - Who's Done It?

    HEALTH 
    Medical tourism is travelling to another country to under-go a major medical procedure, in order to take advantage of low overseas medical costs. The savings on the cost of the procedure, vs. getting it done in the U.S., can be enough to pay for a nice trip, if you're so inclined. I can't...
  14. amp0193

    How to Knock Off a Bag

    Many of you are scared that someone is going to steal your idea, copy your business model, or knock off your products. For some, like Saddleback Leather Co., who operate a productacracy, you instead make Youtube videos instructing others on how to better knock off your products (all the while...
  15. amp0193

    What Qualities to Look for in a Manager?

    PEOPLE 
    My business is at a point where I need to hire a full-time operations manager. I've never hired anyone before, except for temporary contract/day-labor type stuff, where the only requirement was basically just to show up on time. I will be working side-by-side with this person for 2 months...
  16. amp0193

    PSA: It's Christmas, Be Nice to Your Mailman

    MINDSET 
    Ecommerce guys... Your mailman picks up your stuff every day, on top of doing double duty in December working tons of overtime. He keeps your business running. Leave him/her something nice on the porch this Christmas. Like a 12-pack of Coors. What goes around, comes around. Merry Christmas
  17. amp0193

    How You Can Get Your Business Featured on TV

    First Step - Have a Productacracy Have an amazing product that "pulls" people to it, not one that you have to "push" people to via tons of advertising. Something unique. Something cool. Something attractive. Something innovative. I.e. what @MJ DeMarco calls a Productacracy. If you're selling...
  18. amp0193

    Happy Black Friday! (How was yours as a producer?!)

    I hope everyone here had a wonderful Black Friday yesterday. Time with friends and family is always sweeter with the Shopify app making cash register sounds in the background. Anyone try anything special this year? Successes? Failures? I sent an email out every day this week counting...
  19. amp0193

    Manufacturing in Mexico - Pros/Cons

    SOURCING 
    With the on-set of environmental shutdowns and rising labor and raw material costs in China, it's got me thinking about manufacturing elsewhere. Does anyone here know someone who has ever imported/manufactured in Mexico? The challenges seem like they would be mostly upfront: Finding a...
  20. amp0193

    I'm starting an Email Marketing Mastermind

    MARKETING 
    I'm starting an email marketing mastermind on slack. This is for you if you have a business and are currently using email marketing to generate sales. There are some good Facebook groups out there, but I prefer learning together with a dozen or so others, rather than the more random post...
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