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  1. John_Wick

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    The answer is it depends on what your objectives are. The long answer is I would recommend you to read Onward by Howard Schultz. There you can see what happens when Howard, the founder and 2-times CEO, first retired and let others run an already established big profitable brand. Growth becomes...
  2. John_Wick

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    Where did you see issues / what are the issues with taking over Adsense account? In my experience, it's a relatively easier revenue model to transfer. Usually, the seller would ask you to use you own Adsense account because Adsense is tied to a gmail account, and a gmail account is usually, but...
  3. John_Wick

    How to find out if there's a need for my idea?

    IDEA 
    I like your idea of just keep trying until it works. And, I was hoping the video you shared would have some nice scientific / anetodal ammunitions for that idea. But, I thought the video says the opposite. Professor Peters starts with a favorable game, where you have 50% of winning and 40...
  4. John_Wick

    Help with building a forum based on a mid-traffic niche site

    EXECUTION 
    @mindsetferg Thanks a lot for sharing your experience. Love your ideas that make building a forum more accessible. I can foresee the following challenges / concerns. 1. Customization - where do I start? When I say I don't know where to start when I look at Xenforo, I mean, the installation...
  5. John_Wick

    How to create a "petition" function for an existing PHP site...

    EXECUTION 
    Hi guys, I have a niche site with 30,000-50,000 users per month. Previously the site was just an contact directory site on PHP, but I have been able to add more basic info about those contact as well as enabling the discussion function to it (added widget one page at a time manually though)...
  6. John_Wick

    Help with building a forum based on a mid-traffic niche site

    EXECUTION 
    Hi guys, I have been running in circles and postponing the difficult task of building a forum on an existing directory site these days. So, trying my luck to see if I can tap into the power of FastLane thinking and organize my thoughts here... My question: how to turn a yellow page-like site...
  7. John_Wick

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    Just want to share... Warren Buffet's view on what makes a great business: 1. It constantly generates a good return on capital (20% ROI) 2. It keeps using that capital to generate more capital (thus compounding it 100, 120, 144, etc.) Chapter 57, from the Snowball (on Warren Buffet) is great...
  8. John_Wick

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    Quick note to future buyers: If you use brokers or Escrow.com, please DO read the terms of the escrow arrangement. It sounds obvious. But, the thing is brokers and escrow broker/agent don't give a damn about your terms in the S&P. I'm talking about my reaction when I see the escrow arrangement...
  9. John_Wick

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    Update: Completed the S&P of my 2nd deal. I think I have this deal in the pocket. It's 4X the size of my last deal. ROI >85%. About 50% of my salary income with a upside potential because the site looks like crap. My first deal only represents 7% of my salary income. This deal is so good that I...
  10. John_Wick

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    Hi guys, came across this piece from TechCrunch. Thought it would be helpful for those who are looking for tools to better manage and enhance the value of their portfolio. It's got lots of interesting tools...
  11. John_Wick

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    This is pure awesomeness.
  12. John_Wick

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    Yea, I think I am finally through that self-doubt stage that says "why would anyone sell their asset if it's working and requires little time". Still got much to learn. And, great to see so many accomplished fastlaners still hang around here and help people grow.
  13. John_Wick

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    I will echo what Richardd said about him being a machine and almost always pulled the triggered if the ROI is good and profitability is sustainable. I personally find that doing lots of DD can be a feel-good thing that makes me mix movement with progress. Like I even created a pipeline for the...
  14. John_Wick

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    I hope this may somehow help others by sharing my experience from listening to the book, to finding this post, trying Richardd's strategy and getting advice from the OP himself. It's funny I actually read Fastlane about 5 years ago. But, I never bothered to check the forum. Maybe I just wanted...
  15. John_Wick

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    Honestly, the fact you don't actually want to do it is precisely why I think you will be a good fund manager (think Tom Kirkman in Designated Survivor)... Yes, the truth is no amount of piggybacking will make up for the experience of letting the rubber hit the road. Ultimately, it's still a...
  16. John_Wick

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    Honestly, I think your offer is a fair deal. Maybe just be really upfront about your deal structure. The propositions for the design customer will be: 1. You really just want to get started and be familiar with the process but don't know how 2. You have tried it and didn't get the result you...
  17. John_Wick

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    Thank you so much for replying. And, most importantly, for sharing your perspective on this!
  18. John_Wick

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    I have. But, just for one asset. They seller’s broker wasn’t interested in the offer and insisted at least 75% down payment. I have been looking for a few deals - one was some sort of analytics and was bought while I was negotiating, one was a VPN business but decided to grow it more, one was...
  19. John_Wick

    Newbies and Wantrepreneurs, YOUR ATTENTION PLEASE!

    GOLD! MINDSET 
    Love this analog. Thanks for calling it out. I was one of those stupid SOB - trying to Think and Grow Rich and shit. Wasted a ton of time. Things improved quite a bit over time. But, still moving faster on a slowlane is just a delay and disincentive to move onto the fastlane. Thinking back...
  20. John_Wick

    I've Read The Millionaire Fastlane!

    GOLD! HOT! 
    Read the book a few years ago. Came back to this forum recently. Plan to re-read it again and read the Unscripted. But, this time, balance it with more actions and progress-reporting on this forum...
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