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  1. cottonbuds

    How to Build and Grow a Newsletter as a Business Model

    GOLD! HOT! PUBLISHING 
    Really appreciate this thread. I'm thinking of starting a newsletter as well and have questions on researching content. I'm thinking of doing something where I curate information in a fast changing field. How do I stay on top of all the info?Do people use google alerts, some kind of feed etc to...
  2. cottonbuds

    What is the main reason why people fail in life?

    MINDSET 
    Can you expand a bit more on what you mean by utility mapping framework? Thanks
  3. cottonbuds

    What's Worse than Death?

    HOT! MINDSET 
    Hey man all the best. I am on the same journey as well. I have been using the anger management program at openpath and it has really helped me start my transition to being a zen person. It's a non profit $5 for lifetime access and has other courses as well. Register | Wellness Education Online |...
  4. cottonbuds

    Good source for glass bottle containers

    Hey everyone I am working on a product for women that will requires a glass bottle. I want the bottle to be something along the lines of a pink frosted bottle with my brand and other details etc embossed/printed directly on the bottle. Any recommendations for suppliers. I will not be doing large...
  5. cottonbuds

    Need some advice

    How would you account for that? Maybe $ figure per item? I haven't seen many returns on the product on Amazon and I am paying top dollar to source the very best product available. Still meeting with suppliers etc but I expect to have the best product on amazon and I have included the item cost...
  6. cottonbuds

    Need some advice

    Thank you. Yes, I think it is worth a shot. Will move forward with speed.
  7. cottonbuds

    Need some advice

    Also wanted to apologize. There was a mistake in my excel sheet from a previous size calculation. The profit margin is about 50% not 25%.
  8. cottonbuds

    Need some advice

    Thanks fro the input. From the amazon reviews based on 1 review per 50 sales (2% review the product), the annual sales on amazon are about 500k without much advertising on social media etc. The search results have been increasing slowly on google trends etc. The product can also be pushed...
  9. cottonbuds

    Need some advice

    Hey everyone. I seem to have found a product that has good profit margins and suits me as an individual. The issue is the product is made from a natural/plant material and so the production quality will be difficult to maintain beyond a certain scale say beyond $5 million a year in revenue. The...
  10. cottonbuds

    How to respond to needy people? **Pics**

    RANT 
    Yeah that had me in tears lol
  11. cottonbuds

    Dead-End Sh*t Jobs ... Yours?

    NOTABLE! 
    I have had a lot of dead end jobs lol. 1. Custodian at my Undergraduate school 2. Teaching Assistant 3. Lots of manufacturing temp jobs (got fired from one of them for being too slow at sticking labels lol. This was my second job and I was already in school and working another full time job...
  12. cottonbuds

    What would you do if you had 10k and no business idea yet

    HOT! IDEA 
    Bro this is a baseless statement. How do you justify this? You have some valuation method for crypto currencies? Your 3k in crypto can be worth $0 in the next week right? I personally feel you don't have enough money to put into 3k into a crypto currency that you don't know anything about. A...
  13. cottonbuds

    What would you do if you had 10k and no business idea yet

    HOT! IDEA 
    "In my freetime I'm currently learning everything about crypto because my plan was to (wisely) invest around 30% of the money into the cryptomarket" On what basis you think that investing 30% of the money your grandparents gave you into a crypto currency is a wise idea? How are you valuing...
  14. cottonbuds

    Money System: Technical Analysis Question (MZA vs FAX)

    INVESTING 
    True. This link may help you figure out the ROC vs dividend stuff. https://funds.eatonvance.com/includes/loadDocument.php?fn=6348.pdf
  15. cottonbuds

    Money System: Technical Analysis Question (MZA vs FAX)

    INVESTING 
    Not exactly sure whats going on with this fund, but wanted to point out that a ROC does affect your taxes. It effectively reduces your cost basis (new cost basis of shares = original cost basis - ROC) and thus you will have higher taxable gains when/if you finally sell your shares. This wont...
  16. cottonbuds

    Can we share companies we come across that may be helpful?

    Yes I do agree with this that the main value is in the vetting. I guess my idea was that people may not know that there are other options to aliexpress or thomasnet. For example take www.voodoomfg.com that does 3d printing and also handles fulfillment, drop shipping etc like it does for this...
  17. cottonbuds

    Can we share companies we come across that may be helpful?

    Hey gang! I'm researching competition for a startup idea and have come across a few companies in the space that may be useful to people here. Most of them are startups that have to do with manufacturing, packing, fulfillment etc and are funded by VC firms and other well known investors. I have...
  18. cottonbuds

    I just sold my first eCommerce business (FU money!)

    NOTABLE! 
    Thank you for the detailed explanation. I appreciate it!
  19. cottonbuds

    I just sold my first eCommerce business (FU money!)

    NOTABLE! 
    So the multiplier goes up as your revenue increases but the multiplier is quoted on your profit - so for example 2 times profit? I guess I feel like a 2-4X profit multiplier is on the lower side as I could run the business for a few years and make that. Even the Dow is trading at a 27 times...
  20. cottonbuds

    I just sold my first eCommerce business (FU money!)

    NOTABLE! 
    2-3X yearly profits or yearly revenues? Congrats @biophase! I actually came to the forum today as I needed to read something positive about someones business, so I put "success" in the search box and this post came up! Just what I needed to read lol. Congrats again!
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