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  1. F

    What do you think of my book collection to read this year

    BOOKS 
    I commend your motivation, and if you are choosing between playing video games or reading obviously reading would be better. But I’ll leave you with this, I have a chess book collection of nearly 700 books and have loved the game since childhood. I am a strongish player ( missed getting my...
  2. F

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

    HOT! CHAT 
    I didn’t know where to post this so thought here would be good. I think posting twitter links is ok if not please delete. Steve Jobs warning about action faking. View: https://twitter.com/triplenetinvest/status/1742186966555521164?s=12
  3. F

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    This is the problem (I am Canadian ) we have people with no economic understanding whatsoever running the show. Imagine someone who doesn’t understand a balance sheet running Apple or Tesla.
  4. F

    Ongoing value from this forum and the Summits.

    MINDSET PEOPLE 
    A little more hillbilly but my mother used to subscribe to a magazine about farm life called Country. On the back cover of every issue there would have a beautiful rural photo and a rural proverb sent in by a reader. When I read yours I was reminded of one “If money can fix it, It ain’t broke.”
  5. F

    Ongoing value from this forum and the Summits.

    MINDSET PEOPLE 
    So true. Very easy in businesses that have some slow lane constraints like farming to get completely consumed by the $20-$40 an hour jobs and not look after the opportunities like this. It’s interesting after I read your post and thought about your per hour pay back point I had a quick...
  6. F

    Ongoing value from this forum and the Summits.

    MINDSET PEOPLE 
    Just thought I would share some ongoing value from I believe the 2016 Summit. My main business is farming and we use a lot of credit for input supplies. Anyways I am using a chemical retailer we used to use but hadn’t for a few years so they are happy to have us back. Anyways I was paying my...
  7. F

    The big debate. Start a business from nothing or buy an already established business?

    IDEA 
    It comes down to your ability to assess a businesses value and your ability to grow/expand it. I would say especially for first time business buyers you are at a steep disadvantage buying because the owner has a huge information advantage. This is especially true if you are unfamiliar with the...
  8. F

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    Inflation report from Saskatchewan, Canada. I keep hearing inflation has peaked and is slowing down and I just don’t see it at the grocery store. We don’t buy cereal often but my younger kids love the little single portion cereal boxes. Anyways haven’t bought them for probably a year and I...
  9. F

    Graham Stephen tries window cleaning

    MINDSET 
    I can’t tell you how many times I’ve heard someone say they can’t get a 25k or 50k loan to start a business or they can’t find a decent job. The answers are there just no one wants to clean windows.
  10. F

    Fighting CV19: Please send thoughts and well wishes to Greg B (Runum)

    HOT! 
    Great job! You are truly inspirational.
  11. F

    Confused at a life-changing decision

    I’m not a huge fan of post secondary education. I think it costs too much, takes too long, and gives too little. I think most people are better off to forgo and start a fastlane business. But if you are 100% committed to going to school then I think studying in a foreign country is a great idea...
  12. F

    Confused at a life-changing decision

    I am Canadian but never went to college or university so I can’t help with the fees aspect of things. But as a piece of advice I think the opportunity to work or study in a foreign country where you essentially have to land on your feet and hit the ground running is an opportunity not to be...
  13. F

    Fighting CV19: Please send thoughts and well wishes to Greg B (Runum)

    HOT! 
    I don’t read the forum as closely as I should and somehow missed this. So happy to hear you are recovering and wanted to say your story/response is absolutely inspirational. Ill be reading your long post to the kids at supper. Thanks again for sharing
  14. F

    My Worst Day

    EXECUTION 
    This is interesting Vigilante. I was sharing your story with my father and he said “this reminds of a ranch story from a neighbour of ours in the 80’s .”(Alberta, Canada where we are from) Anyways a smooth operator convinced a retiring rancher of a nice small ranch to sell the whole ranch...
  15. F

    My Worst Day

    EXECUTION 
    Thanks for this Vigilante. I don’t get exactly what happened though. Am I correct in this interpretation. You had 2 contracts, one of which was an employment contract, and the other was a contract for the purchase of your business and assets. When they terminated you (contract A) they no longer...
  16. F

    Should I sell my AI app for $50k ?

    SAAS / APPS 
    I don’t know how to price ai related apps, but congrats on learning to code so recently and building something that makes money.
  17. F

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    I realize inflation has slowed and is not such a hot button issue as it was, but I almost choked when I went to order paper for the office. I haven’t done this myself in a few years but my secretary was on vacation so I went to order a box (5000 sheets) of copy paper from Staples. Last time I...
  18. F

    Is buying a resort stupid?

    INVESTING 
    Terrible. You could easily get $125,000 just putting in the bank.
  19. F

    Is it possible to be a Fastlaner with a franchise? (Being a franchisee)

    SLOWLANE FTE QUESTION 
    Magic Johnson owns 125 Starbucks so that seems pretty fastlane. You’re violating the principle of control and the more CENTS you violate the less fastlane you are. I would say entry , need, and time can all exist in a franchise environment although entry could go either way. So that leaves the...
  20. F

    What are the best university degrees to major in if you are running your own business on the side?

    EXECUTION QUESTION 
    I assumed you wanted to be a fastlane entrepreneur, I don’t know exactly what positions outside of an accountant would be a fit. Maybe controller, auditor, cfo to name a few. If you are actually looking for a career I wouldn’t enter a field you have no interest in though.
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