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  1. Eric Flathers

    I sold my house, all my possessions, left the state, and started a business.

    GOLD! HOT! 
    Good for you and your wife. You are never to old to start something new. Thanks for the motivation and your words were well thought out and presented. Next time I'm in AZ I'll look up your business.
  2. Eric Flathers

    Vent about the fastlane formula

    GOLD! HOT! 
    Sounds like this guy is a corporate headhunter who is loosing clients.
  3. Eric Flathers

    An Important Reminder: It's Not About What You Like

    GOLD! HOT! MINDSET 
    Thanks for the advice, I never thought of Reddit.
  4. Eric Flathers

    An Important Reminder: It's Not About What You Like

    GOLD! HOT! MINDSET 
    The whole breakfast in bed comment makes so much sense. I always found myself in disagreements with an ex about stuff I thought was a waste of money. I'm super practical so for example spending a bunch of money to go to a fancy restaurant just because it has some rating is not something I would...
  5. Eric Flathers

    An Important Reminder: It's Not About What You Like

    GOLD! HOT! MINDSET 
    Sadly I feel you were talking directly at me in this post. I find half the things that are popular I think are a stupid waste of time. But I know just like the stock market you can't impose your will on things. Like you said if they work, they work and if they don't, they don't. I find one of my...
  6. Eric Flathers

    Contrarian Opinion Here: Money is no longer representative of Created Value

    RANT 
    You pretty much hit the nail on the head with this one. The game is rigged and we don't create much of anything anymore. Sure there are a few breakthroughs in medical and science but for the most part, it's about a startup showing growth even if that growth is paid for with VC money and the...
  7. Eric Flathers

    You copywriters are being replaced by AI..

    HOT! MARKETING 
    While I do agree that it will be hard for AI to replace truly great copywriters. I also think in 10 years as they get smarter and have more data they will be even better than human copywriters. The reason being unlike a book or movie script that takes imagination and storytelling chops...
  8. Eric Flathers

    I think after 5 years I quit but what's next?

    HOT! FTE 
    From what you are saying you are in the wrong business. You are trying to do drop shipping because some guru told you to or you think it is how you will get rich. To stay motivated you have to do something you are passionate about or at least interesting in. Write down 10 things you would do if...
  9. Eric Flathers

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

    HOT! CHAT 
    If I only had a nickel for every great idea I didn't pursue and someone else made happen I'd be giving Jeff Bezos a run for his money.
  10. Eric Flathers

    would you subscribe to a handwritten note service

    HOT! 
    While I think the idea to speed up the process is smart, once people know that a service like that is out there they will no longer value the notes because they will think it was done by a computer (no matter how great the program writes to make it look handwritten). By creating the service you...
  11. Eric Flathers

    Digital Marketing Agency, the new Podcasting?

    HOT! MARKETING 
    My opinion is first if this isn't something you are passionate about and are willing and excited to go all-in on then it's not the right play. That being said the real estate market is changing. The days of agents and the way they do business will be disrupted by companies like Redfin. As more...
  12. Eric Flathers

    Bitcoin and Finding the Next Speculative Bubble

    INVESTING 
    I think the next opportunity is to short IPO unicorns. Look at companies like Slack that have gone down over 40% since they went public. These companies loose massive amounts of money and have huge market caps like 10 billion. If your company looses 100 million a year even if you grew by 100% a...
  13. Eric Flathers

    The US Needs More Tradespeople

    HOT! 
    While I respect the tradesman I also feel those jobs are peeking and the high salaries are a result of young people not wanting those jobs and going into the tech sector. Soon a lot of these trades jobs will be done by technology and robots. Those good paying jobs like truck driver and mechanic...
  14. Eric Flathers

    MJ talks about living off of 3.5% interest from bonds for life. But is he correct?

    INVESTING 
    If you are worried about inflation then buy TIPPS they are government bonds indexed to inflation. Like MJ said you can't put your whole net-worth in the stock market. Spread it around, buy into some businesses, real estate, gold, growth stock, dividend-paying stock and MLP's. If you have a...
  15. Eric Flathers

    Amazon is selling entire houses for less than $20,000 — with free shipping

    I've seen some videos of those 3D printer houses, pretty impressive. And yes technology is going to make most manual labor jobs obsolete.
  16. Eric Flathers

    Amazon is selling entire houses for less than $20,000 — with free shipping

    These premade houses are going to be getting more popular. There are companies who have made some pretty good designs. They are better than the old premanufactured homes of yesteryear. They use 3rd modeling and some were first tested in places of natural disasters where instant shelters were...
  17. Eric Flathers

    Study Concludes: 85% of Business Success Attributed to “Soft Skills.”

    HOT! MINDSET 
    I agree with a lot of what people are saying. The part about the whole coffee stirring after adding sugar seems a little overboard. It seems this video goes more toward high-class (tight a$$) dinning then business dinning. Having good manners, in general, is more important than knowing what...
  18. Eric Flathers

    The road to wealth is simple: Drive a crappy car

    INVESTING HOT! 
    Many people could downsize but for some, the bigger car means more safety. A crossover or station wagon might be a good compromise. My sister has a 7 seater but she has 5 kids so she uses every inch of the space with the extra room being used for strollers. If you have good skills you can pack...
  19. Eric Flathers

    The road to wealth is simple: Drive a crappy car

    INVESTING HOT! 
    True I'd think the fancier the sports car the more problems it would have. And I have to admit I road that clutch pretty hard driving in LA traffic.
  20. Eric Flathers

    Write down your goals... Quick life tip with story...

    MINDSET 
    I read a lot of the books on the bestseller lists like everyone else. Like MJ said read something contrary to your beliefs or books that are not what everyone else is reading has value. A few months ago I ran into this SlideShare post from Ryan Holiday one of my favorite authors. It's 24 books...
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