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  1. parkerscott

    Made roughly 250k this year what can I do about taxes?

    TAXES | REGS 
    I make about 35k a year pre tax after doing countless hours of overtime, and I did very well this year on an investment. I have never had to deal with this amount of money in my life, and I would like to keep most of it. Unfortunately do to the nature of the investment, I had to pull my money...
  2. parkerscott

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    Blockchain technology has been around since 2009. When most people think about blockchains, they think about bitcoin, a slow, expensive antiquated technology that is hard to scale, and is not innovating. Every now and again you will hear about bitcoin reaching new all time highs, yet nothing has...
  3. parkerscott

    Im having problems attracting vendors on my website.

    I found a niche that has a ton of people selling their wares, but they have no official platform. They do not move enough product to be accepted into retail. There are a ton of these very small time businesses running off instagram, and they are selling through shopify or free sites like...
  4. parkerscott

    Are forums dead?

    I went, and looked at some of the forums I went to when I was younger that were very active, and they are ghost towns now. However there are still forums that are going strong like bb.com,ign,and tff. Ive noticed the forums that are still doing well are very broad. For example ign is focused on...
  5. parkerscott

    Starting an online marketplace.

    WEB/DIGITAL 
    (prologue - you can skip this if you want) I think im ready to get started again. Previously I created a product that I wanted that I thought other people might want, and quite frankly now that I look back on it, I don't even think I want it. I don't think other people wanted it either.I wasted...
  6. parkerscott

    Why you don't need an investor, and investors don't need you.

    A common question people ask is "where can I find an investor?" First off if you need an investor, chances are you don't have the capital. If you do have the capital, and you still need an investor, but want to mitigate your risks then you don't fully believe in your idea. If its the later you...
  7. parkerscott

    Is it illegal for a child to work for a commission?

    This seems like one of those things that falls into a gray area, where loopholes run rampant. Now before we get started lets classify what a child is. According to Federal law a child under 14 cannot be employed. Ok if there is no way around that I am fine with that. Now children from 14 years...
  8. parkerscott

    Health Inspectors

    My last venture didn't go as well as I planned, so im starting something new. This time im going to try, and validate the idea a little better beforehand. Im going to be working on a beef jerky company with my own little twist. The problem though is that it will have to be produced in a USDA...
  9. parkerscott

    How would you market a food product?

    My last venture isnt going as well as I had hoped. I still have all the blueprints, and I can visit it at a later time if it becomes appealing, but at this time It seems like a money pit, so im moving in a new direction. Now the market im trying to break into is the beef jerky market. Tons of...
  10. parkerscott

    Insufficient funds.

    HOT! 
    So I came up with a new idea the other day, and due to my last project im short on funds. I will need about 15 grand to develop it, and some more for the marketing. The problem though is that I don't have 15 grand, and if I wait to save up all that money the opportunity may not be there anymore...
  11. parkerscott

    How I lost 550$ to Google

    HOT! 
    Before I set up my website I looked into adwords. I signed up, and played around with it a little. I made a test campaign which I believed to be just that something to try before you buy. I didn't care too much for it, and it was too expensive for my needs. Today I checked my billing...
  12. parkerscott

    Is patent infringement based on patent claims or description?

    I have a good idea, and apparently someone else had a similar good idea. Before I decided to pursue this idea I did a quick patent search, and found something similar, but different from my idea. Reading through the patent claims his patent uses a different method compared to mine, and he uses a...
  13. parkerscott

    Where can I find angel investors?

    PEOPLE 
    Is there a place people go to or do I need to know someone who knows someone? Its a tech startup, and that seems to be hot right now so im sure there are plenty of silicon valley angels around. This is not a solicitation for investors either. Im seeking information on how to find them, and ive...
  14. parkerscott

    Non disclosure agreements

    Where can I find NDA's? I have a sample one that I have been using for my patented product that has worked, but im needing one for a mobile app. Long story short I came up for a name and idea for a mobile app and one of my friends, friends is supposed to be helping us, but he skipped school the...
  15. parkerscott

    Building a sales funnel.

    Should I worry about the other parts of a sales funnel? Im in the fitness niche and the products im trying to bring to the market are shaker cups, basically cups you drink your supplements from. My product is basically the trip wire for core products from other companies. It seems to me that if...
  16. parkerscott

    Running out of cash.

    I left my job to work on my venture full time and im starting to run out of cash. Fortunately I still live with my parents so rent and living expenses are very low. They are starting to eat away at my savings that I had set aside though. I have some options luckily. I can find part time work, or...
  17. parkerscott

    Does anyone manufacture their own product?

    I have been playing around with numbers while I wait for a quote to come in and, manufacturing seems like a great way to scale far beyond the product I want to offer. I figured if the product may do well producing the product myself may do well also. The product will have to change hands less...
  18. parkerscott

    Cashing out on obsurdity

    So I remember seeing a youtube channel a while back about blend tec blenders and, they would do videos with their blenders called will it blend. In the videos the blenders would crush through golf balls and, cellphones and stuff that just isnt supposed to go in blenders. It really demonstrated...
  19. parkerscott

    Passive income for pennies

    If you had the opportunity to buy a website for 500$ that sold nick naks for 5$ a piece but only yielded a 40% return each sell, and fulfillment was included in the sale so its no extra cost, and no extra work. Would you buy the website? Heres the catch the hosting is on your own server so you...
  20. parkerscott

    What is the rule for using content you did not create?

    I have just a small portion on my website for recipes, and the truth is, the only recipes i know of are basically just french toast, and scrambled eggs. So lets say i wanted to use a recipe. Lets use this one for example http://www.food.com/recipe/italian-salad-dressing-43522 is the recipe just...
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