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  1. SYK

    Starting A SUPREME RESELLING Membership Site

    EXECUTION 
    Pitch this to the Supreme retail/stock management team this week and come back to us with their response. Ignoring all the other gaps in your plan, this is the barrier you should be focusing on. Can’t get them to buy in and everything else is academic. Here’s a head start...
  2. SYK

    Facebook Ads Microtargeting

    SOCIAL MEDIA MARKETING 
    Yes. Pick an exact address in that neighbourhood and you can do 1 mile radius. Be prepared to burn through your target audience quickly/pay a premium. Here’s another approach using the same tactic. Say you’re a gym and you want to lure in new members. Find the addresses of every gym in your...
  3. SYK

    Tech Start-Up Progress/Execution

    EXECUTION 
    Fellow Aussie here who’s been through the product development process. Make sure you claim your R&D spend back through the R&D rebate. You’ll get 43% back (presuming you don’t have profits). https://www.ato.gov.au/Business/Research-and-development-tax-incentive/ A word from hard-learned...
  4. SYK

    MorningRod - What do you think about my invention?

    HOT! 
    100% let the market decide. The folks on reddit are about as a direct link to your target market as you’ll get and the feedback is promising. Your market is them, not 65 y/o men. Test fast and small like @pds suggested. If you then go down the crowdfunding route, feel free to reach out. I did...
  5. SYK

    Australia Meetups (2019/2020)

    MEETUPS 
    I’ll be there too. Nice work pulling it together!
  6. SYK

    Australia Meetups (2019/2020)

    MEETUPS 
    I’m around. Let me know when it’s happening
  7. SYK

    What business would you start with $50,000 to help save bees

    HOT! 
    https://www.newsweek.com/mcdonalds-sweden-bee-hotels-1459333
  8. SYK

    Austin, Texas.

    MEETUPS 
    I’m not back in town until November. If y’all do another meetup around then count me in.
  9. SYK

    How I Got Over 50k Views To My Posts and Gained 700 Subs In 2 Months

    HOT! 
    Can you tell us about your actual business EXPERIENCE rather than your “business knowledge”? This just sounds like you bought a bunch of Tai Lopez courses...
  10. SYK

    Any Aussies Keen To Meet Up?

    MEETUPS 
    I’m in for the FB group. I’m in melb. Arranged one a long time ago. Down for another one anytime.
  11. SYK

    Should I just goto Kickstarter?

    You’re overlooking the 3-6 months you’ll need to spend building/executing a strong campaign, the need to spend 10-20% of your funding goal to reach it, and the fact you’ll have to generate ~90% of your own traffic. Kickstarter democratizes funding but it’s not some utopian...
  12. SYK

    I just put my house up for sale and no one I know understands why

    HOT! 
    ‘Grats on the sale! In a very similar position. Bought a place during the height of my 9-5 indoctrination 4 years ago for $508k. Owe $420k on it and sale value of ~$520-530k. Rent ($2470) covers repayments but still feels like a liability hanging over me. Family urging me not to sell but feel...
  13. SYK

    900K In Sales. Need Help With Marketing

    MARKETING 
    It ain’t that hard to get into this ballpark of likes for less than $100 using FB ads. Def not an accurate indicator of sales.
  14. SYK

    Launching oKickstarter: A premium dress sock that can confidently be worn from the office to the gym

    EXECUTION 
    Without knowing everything about you/your backstory I couldn’t say specifically. But from a PR philosophical stand point, think beyond the product itself. What’s your unique story? What led you to create the company? What’s different about it’s mission? Look for any kind of hook that’ll make...
  15. SYK

    Launching oKickstarter: A premium dress sock that can confidently be worn from the office to the gym

    EXECUTION 
    They can be worth it if you’re looking for backlinks, google news indexing and some obscure automated news site pick up. The latter can be used as social proof by including their logos on your Kickstarter page. Don’t expect any major cut through with the mass blast service; individual pitching...
  16. SYK

    Australia Meetups (2019/2020)

    MEETUPS 
    I’m in Melb if y’alls travels make it down south
  17. SYK

    My Little Side-Project has Grown a LOT!

    SIDE HUSTLE 
    This feels like gratuitous product placement. Like a scene in an Avengers movie where all the superheroes are eating a bag of Doritos.
  18. SYK

    (From CNN) 6 things you can do right now that'll make you rich

    Think you'll be safe... horses kill more people here than all our creepy crawlies put together.
  19. SYK

    How many Business Failures did you have before success?

    NOTABLE! CHAT 
    This thread is such a real look at what it takes to be successful in business. Anyone just starting out should know this is the reality of being an entrepreneur. Also reninds me of the Mark Cuban quote: “You only need to be right one time”. For me, sitting around 3.5. And I’m sure I’m not done...
  20. SYK

    Crowdfunding or Accepting a loan for product manufacturing

    Agree with the above. Go in with the view that you’ll only get 10% of traffic organically from Kickstarter/Indiegogo and you’ll have to bring the other 90%. There’s so much noise on the platforms now. If you go crowdfunding, email list is everything. And, like it or not, Facebook ads play a...
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