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Search results

  1. M

    WeWork Sunk Cost Fallacy

    WeWork has been discussed on the forum a couple times, notably HERE where the discussion is around the concept and if people like it, and HERE where discussing if a lack of professionalism may have been the straw that broke the camels back. For those not following along, there has been a lot...
  2. M

    Stop pushing and get a productocracy!

    MARKETING 
    This story was told when MJ was just a chubby kid wanting some ice cream when a Lamborghini pulled up and changed his life. Imagine you own a beauty salon. Several times a week you have ladies walk in who want to buy a blue hair dryer. Unfortunately you don’t stock any. You stock a brown...
  3. M

    Anybody reading fiction??

    HOT! 
    A thought came to mind as I typically read 2 books at once. Non fiction in the morning and fiction before bed. I figured a separate thread may be needed as other book threads seem to be 100% business/mindset/non-fiction books. Plus I know we have some fiction authors in here. What fictional...
  4. M

    Is Perspective the Death of Ambition?

    MINDSET 
    Let’s just get to the nitty gritty fellow FLF members: is the idea of perspective really just scripted dogma? And is it a dangerous thing? I know I know, another mindset post...really though I’m curious to hear others interpretations of this thought I’ve been having. @Bekit made a great...
  5. M

    Celebs indicted, many others: college admissions scandal

    OFF-TOPIC 
    Federal Prosecutors Charge Dozens in College Admissions Cheating Scheme Celebs charged with fraud in buying their children’s admission to top colleges Wow, just....wow Extra sickening when you read the actual indictment
  6. M

    Audible for $.95/month

    MJ posted this in a different thread but I figured it could use its own thread as well. I had an audible subscription for a long time but stopped using it a few months ago until seeing this. Between the Groupon process and Audible I was set back up in 5 minutes for two months at 95 cents a...
  7. M

    The Risk of College

    Thought you folks would find this interesting: Calculating the Risk of College TL;DR (or no WSJ subscription): For every 100 students: 42 graduate in 4 years, 18 in 6 years. Of the 60 that graduate, 42 will have student loan debt. They owe, on average, twice as much as they did 20 years ago...
  8. M

    Wall Streets (2nd) Biggest Lie

    No, this is not a compound interest rant, nor is it a get rich slow rant. Think of this more like a job posting. What qualifications do you need to be hired by one of the top investment banks on Wall Street as a financial advisor? Do you need a degree in business? Finance? Economics? Do...
  9. M

    Lessons learned saying NO to a billionaire

    MINDSET 
    Thought I’d share this story as it altered the course of my life and shattered limiting beliefs...not a FTE but similar. I was 29 years old at the time working as the head professional of a private golf club. I’m standing on the first tee of a busy morning when one of our members who at the...
  10. M

    Failure Porn

    MINDSET FAILURE 
    If you’ve had the limiting belief like I did that you had to fail spectacularly and hit rock bottom to then be successful this is a good read from James Altucher (take him with 2 grains of salt because he does a LOT of up-selling with great long copy). Some good Unscripted principles included...
  11. M

    Potential product feedback

    Need a little help please. I have two small kids, illness is a big concern especially with one in preschool. We use Lysol spray all the time to disinfect door handles, bathrooms etc at home. I was thinking one day, why is there no disenfect fogger to clean/disenfect a whole room like there...
  12. M

    Calling All Fastlane Golfers!

    EXECUTION 
    I’ve been here long enough now that I figure it’s time to start my progress thread. I spent 8 years in Palm Springs as the head professional of a private golf club. There I got exposure to and built relationships with some of the wealthiest people in America. The biggest takeaway? They were...
  13. M

    Sound familiar?

    MINDSET 
    Author Matt Ridley who has sold over a million books said; “The great human achievement is to specialize as a producer of goods or services so that you can diversify as a consumer. Self-sufficiency is another word for poverty” Pretty strong statement and echos exactly the sentiment in Unscripted.
  14. M

    Take Advantage of Compound Interest

    MINDSET 
    just not in the way Wall Street preaches. I came across this today as far as the MASSIVE change that can occur if you make small daily improvements. 1% improvement a day means you improve 38 times in a year. Alternatively: 1% more despair a day means in a year you become 1/30 of the person...
  15. M

    Another example of just getting started

    SIDE HUSTLE 
    I don’t read a ton of side hustle nation stuff but this one caught by eye because the guy applied a lot of what MJ mentions in Unscripted and it was so simple. 1. Saw poor reviews on yelp 2. Started business in “saturated” market that addressed the complaints and added value. 3. Made money...
  16. M

    To everyone who has felt depressed

    MINDSET 
    I recently started reading Stuart Scott’s autobiography. For those who aren’t familiar he was a sportscaster for ESPN who passed away from cancer. What he was most noted for recently was that after a 2-4 chemotherapy treatment he went to the freakin gym. How does this relate to this forum...
  17. M

    is MJ ghost writing comics??

    OFF-TOPIC 
    My 3 year old randomly asked me to read him comics yesterday and this was on the front page, thought you’d all get a kick out of it!
  18. M

    Time to pivot

    My wife and I have a jewelry e-commerce store that has stagnated, presumably due to the MASSIVE amount of similar stores. We have been exploring subscription options that are different than the other ones out there, branching out into a more niche focused than just “jewelry” or maybe just...
  19. M

    Different angle to finding need/want

    Read a interview with a long time google employee (not founder) who said two very interesting things. 1) they work on solving billion person problems. Obviously google can do this because they already helped one, then hundreds, thousands etc. 2) more interesting to me is that they also focus...
  20. M

    Interesting perspective

    INTRO 
    Finally joining the FLF after many months reading and taking in the content as well as reading TMF and Unscripted. My unique situation is my 9-5 job is advising people to live a slow lane life and while it can be a very lucrative career it’s not how I want to spend my life. Oddly enough people...
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