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

    HOT! CHAT 
    That's very much on purpose. If you follow the law, they can't touch you and they know it.
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    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Yes, he does explain it. Very clearly.
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    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    You really need to research better. If you read what happened after they went after him you'd know that they had jack sh*t on him and had to drop the case entirely. They showed up at court with mere heresay against him, meanwhile he had already published his 400+ page book from which they...
  4. N

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

    HOT! CHAT 
    The CTA does not apply to domestic corporations, you can safely ignore it. Dave Champion explains very clearly what the CTA law actually says and to whom it actually applies (not you): Why The Corporate Transparency Act Does NOT Apply To You!
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    BigCommerce Rest In Peace (Alternatives Re: Price Increase)

    WEB/DIGITAL 
    There are *dozens* of completely free, open source shopping cart solutions available. If you simply buy a cheap virtual server plan (you can get a minimal, but adequate server w/static IP address for as low as $4/month) you can then: - install Linux for free (ubuntu, fedora, centos, debian...
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    Software in my industry doing $1M+/mo.

    EXECUTION 
    Just my $0.02, but I'd say there's got to be far less risky, far more passive ways to park your money and earn a return. You may think you are buying an asset, but might find out one day you purchased a liability.
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    Motivation is not necessary for success.

    MINDSET 
    Excellent meme. ++
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    Grew a SAAS from 0 to $30,000+ Monthly Revenue within 1 year ($1mm v.), $0 invested

    SAAS / APPS WEB/DIGITAL 
    IANAL, but I believe the term for this is a letter of intent. It's like the pre-nup version of a business contract, and is afaik enforceable. I've even heard that in some cases you can get funding with a letter of intent in hand if you are going that route (VC or business loan).
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    Subscription based websites like DollarShaveClub

    WEB/DIGITAL 
    Patents are now just a legal arms race that only prohibits innovation and raises entry barriers--and in some markets ultimately harms the consumers.
  10. N

    Software in my industry doing $1M+/mo.

    EXECUTION 
    I'm not sure how others will analyze this. But here's my take. 1 - purchasing a business is decidedly an *event*--which violates CENTS. This event is for him the culmination of him doing the work to create wealth in the form of a successful business--he has executed a process getting him to...
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    Treat Your Customer Like a King | S.U.C.S

    PEOPLE 
    Let me just toss another anecdote into the SUCS evidence ring. I friend of mine built a multi-million dollar hosting service using SUCS. His requirement for his support call center was that *every* customer call was answered within *3 rings* by a *live person*. No IVR. No hold time. Ever. He...
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    Do you use LaTex...

    PUBLISHING 
    There have been free wysiwyg latex editors for years. Now there are even free, really good, online wysiwyg latex editors. But in all honesty, latex is not that hard to learn, extremely flexible, and well worth the effort. Historically there's only maybe one or two reference books tops that you'd...
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    Veganism / Plant-Based Diet

    HEALTH 
    Again, let me recommend Lierre Keith's book. The argument to go vegetarian based on avoiding mass scale feed lot animal breeding is fallacious. (And if you are vegetarian, please read that sentence carefully--I didn't say anything about whether or not to go vegetarian, the noun is "the argument...
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    Do you actually have to be passionate in the type of business?

    MINDSET 
    The book talks about this plenty. You need to be passionate about fulfilling needs in the marketplace to be successful. It doesn't matter if you are passionate about the product/service your business does or not. Being passionate about the *process* of being in business will get you much farther.
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    Veganism / Plant-Based Diet

    HEALTH 
    Possibly one of the best reads about diet in general is "The Vegetarian Myth" by Lierre Keith, a former vegan. She discusses the topic from every angle: politics, ecology, physiology/metabolism, energy, anthropology, and history. Quite often the motives for choosing vegetarianism/veganism come...
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    Money and Wealth: Zero Sum Game?

    EXECUTION 
    Go watch the videos I posted previously. They detail the basic history of currency and monetary systems. The world began with barter systems. Then various fiats such as rocks, shells, precious metals, on to government issued coins, tally sticks and paper currencies. Fiat currencies have...
  17. N

    Money and Wealth: Zero Sum Game?

    EXECUTION 
    Check youtube for the 3-part "money as debt" series--it's a good explanation of the entire process. It *is* a little simplified--but to get the forrest view it is a very good start.
  18. N

    What payment gateways do you use for selling your products?

    MARKETING 
    I'm currently in the process of signing up with cmsonline
  19. N

    0 - Billionaire Without Creating Anything

    EXECUTION 
    Perhaps a perfect example of this is Napoleon Hill's recounting of the great US Steel consolidation that Charles Schwab accomplished. He created value for all parties involved by suggesting changes to the industry that would reduce inefficencies and provide a net gain in profits for the parties...
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    My receptionist has too much free time. What can I have her do?

    Sounds like some massive inefficiencies. I highly recommend the book "Maverick" that talks about some unconventional (yet highly effective) ways to streamline business operations--things like don't file papers--just throw them out--saves storage space and time. But regardless, there should be...

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