The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success
  • SPONSORED: GiganticWebsites.com: We Build Sites with THOUSANDS of Unique and Genuinely Useful Articles

    30% to 50% Fastlane-exclusive discounts on WordPress-powered websites with everything included: WordPress setup, design, keyword research, article creation and article publishing. Click HERE to claim.

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 90,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Free registration at the forum removes this block.

Search results

  1. Minus9

    Journey to $50k/monthly [On track to $20k/month]

    EXECUTION 
    Some update: I ran an ad with a very small ad budget for testing - spent around $27 in ads - gained $280 in sales. Profit margin around 36%. Still for sale if anybody is interested - financials can be shown etc.
  2. Minus9

    [PROGRESS] How I Got Fired (and why it was one of the best day of my life)

    EXECUTION 
    I understand why your previous boss would react this way - your plan is to establish an ecommerce agency which makes you a direct competitor with them. I wouldn't keep you either because your plan is to quit anyways, so I would look for somebody else to replace you so I can think long-term...
  3. Minus9

    What Are You Selling? Post Your Offer, Biz, Links to The Forum (April 2020)

    SELF-PROMOTION 
    https://www.thefastlaneforum.com/community/threads/journey-to-50k-monthly-on-track-to-20k-month.88179/ My business - for a low price $5K. Read the thread and posts for full information.
  4. Minus9

    Journey to $50k/monthly [On track to $20k/month]

    EXECUTION 
    I've been wanting to either learn a trade or get a degree - since I am still relatively young. And I haven't gotten into the market now but planning on becoming a real estate agent - mostly since it fits the kind of work I am looking into in the future and my long-term plans are renting out lots...
  5. Minus9

    Journey to $50k/monthly [On track to $20k/month]

    EXECUTION 
    I did work on Amazon, that one slowly died out and I decided to do something else. The Amazon one is a long time ago by the way, I did do well in terms of revenue etc. but the product wasn't really that good which taught me big lessons which I have used in my dropshipping business which has...
  6. Minus9

    Journey to $50k/monthly [On track to $20k/month]

    EXECUTION 
    Because it has potenial to do well - it has a new page and it just needs people to comment on it which is asking customers to put comment etc. and run advertisements but I will be completely transparent with you. I've lost motivation to even do this simple thing and run ads - I have lost...
  7. Minus9

    Journey to $50k/monthly [On track to $20k/month]

    EXECUTION 
    It's a bit odd, lowering my price to $5k. So my business is for sale for $5000, pretty cheap compared but the longer I let it sit without touching it, the more the business value goes down. Also update on me: I've decided to move cities in a few months, going to study real estate to becoming a...
  8. Minus9

    Journey to $50k/monthly [On track to $20k/month]

    EXECUTION 
    Lowering the price for my business for $6850 - last price. If anybody's interested in payouts by my payment providers and more info, send me a message and we'll discuss.
  9. Minus9

    Journey to $50k/monthly [On track to $20k/month]

    EXECUTION 
    So an update: I've stopped my ads - just kind of leaving my store to dust up which is unfortunate but kind of focusing on learning a trade - looking to become an electrician and possibly in a few years open a company related to electricity/electrician work. So yeah, store has huge potenial and...
  10. Minus9

    Journey to $50k/monthly [On track to $20k/month]

    EXECUTION 
    So I asked few customers to leave comments and pictures to add social proof. I've significantly lowered my ad budget to as low as $25 and really have no motivation to continue this business as I am focusing on learning a trade. My business is now for sale - first man, first serve at $9.5k - and...
  11. Minus9

    Journey to $50k/monthly [On track to $20k/month]

    EXECUTION 
    Facebook has been a pain in the a$$- so I setup a new facebook account and running new ads and generating sales - just needs social proof again to get even more revenue like before.
  12. Minus9

    Journey to $50k/monthly [On track to $20k/month]

    EXECUTION 
    Some bad news: Due to the corona virus and the orders that were placed before then - these were delayed a lot and our customer feedback on Facebook score went to 0.9 - which placed us on a ban for the page. We've setup a new Facebook page and running and need to build the social proof on the ad...
  13. Minus9

    Journey to $50k/monthly [On track to $20k/month]

    EXECUTION 
    My brand is niche-oriented - and it's not a "winning" product in that sense of how you portray it on YouTube or by so called experts/gurus - but the fact that it's a product that people need and I am the one who delivers it at a good price. My advertisement has been only for 1 product - and it's...
  14. Minus9

    Journey to $50k/monthly [On track to $20k/month]

    EXECUTION 
    February 22th and 23rd: Total orders: $1122 Cost: $429 ($307 after tax) Conversion rate: 8.41% Returning customer rate: 10.71% Average order value $40. Just a small update - hopefully I can keep the consistency of these..
  15. Minus9

    Journey to $50k/monthly [On track to $20k/month]

    EXECUTION 
    First day back after Corona-shutdown: I don't consider this a good day but fine for first day back! Sales: $460 Ad spend: $82 Cost: $175 Profit: $204 I've contacted two brokers to sell this business on Flippa - valued at $28-35k. Selling it due to getting into the automotive industry -...
  16. Minus9

    Jordan Belfort’s Sales Training - Is it worth It?

    HOT! MARKETING 
    One sales tip for you: Know your product well - be well informed and how you can benefit your customers with said product. No need for fancy Jordan Belfort tactics that are based on how your voice pitch should be etc. just literally know your product well, have a market for it and sell it...
  17. Minus9

    Does anyone currently have profitable facebook ad campaigns?

    MARKETING 
    I run both Facebook and Instagram advertisements - conversion rate of 7% across the entire last year of 2019. Ecommerce/dropshipping store - did $120k+ in sales - Let's take for instance the 4 days I opened up in January around chinese holiday - did about $2700+ in sales in 4 days - ad spend...
  18. Minus9

    Journey to $50k/monthly [On track to $20k/month]

    EXECUTION 
    Update: Supplier's back in business - going to start running the ads from tomorrow. My business is also going to be up for sale at a relatively low price compared to what I could get for it - due to an opportunity in the car scene which I am looking to get into. So if anyone's interested in the...
  19. Minus9

    Journey to $50k/monthly [On track to $20k/month]

    EXECUTION 
    A little update: I decided to stop running ads after 3 days of reopening. I generated $2.5k these few days and the reason I am temporarily stopping the ads is due to the fact that my supplier won't be able to ship out items until the 10th - apparently due to the Corona virus that's roaming...
  20. Minus9

    Journey to $50k/monthly [On track to $20k/month]

    EXECUTION 
    So I haven't checked in on this thread and been travelling for about 4 months. Stopped selling entire last month due to new laws in my country but just started up the store today and got $1012 in sales tonight and about $340 in profit after VAT, ads and product cost. So good day today. Also...
Top