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Search results

  1. wadza

    It doesn't matter what your starting point is...

    http://www.news.com.au/finance/small-business/buken-makokha-runs-successful-businesses-from-his-nairobi-slum/story-fn9evb64-1226893963652 If you're looking for inspiration to ditch your excuses for not taking action, have a look at this article. All the 'first world problems' that we use as...
  2. wadza

    The next internet revolution - money for the masses

    Even if someone has bad credit, can't they still get a debit card (ie; debit visa or mastercard) linked to their normal account? Don't know about the US, but it's pretty much standard in Aus that you can have a visa or mastercard debit card that works exactly like a credit card (ie; you can pay...
  3. wadza

    What's the truth on MLMs?

    If you join an MLM then essentially you're subscribing to the 'consumer' mentality. You're a customer of the MLM, they've 'sold' you on a so-called business opportunity that's neatly packaged up for you. except it isn't really a business and the only way you can make your money back is by...
  4. wadza

    **The Paint Brush Cover On Shark Tank **

    OFF-TOPIC 
    Just saw it. Great work! You got double what you were after and an excellent connection. Maybe I'll slip down to bunnings to pick up a paint brush cover!
  5. wadza

    Let's talk about partnerships / co-founders

    PEOPLE 
    There's good arguments for & against. I've had good and bad experiences too. the key is having the right partner who can add to what you do. There can be a danger that a business partner cannot deliver what they promise - so I think if you are going to partner with someone, they should have a...
  6. wadza

    AUSTRALIAN - saying G'Day Mates

    INTRO 
    @earlymornings yeah a bit on the weekends mostly to take the missus to the beach
  7. wadza

    AUSTRALIAN - saying G'Day Mates

    INTRO 
    Welcome mate. Brissy lad here. Definitely get stuck in and read TMF asap!
  8. wadza

    In your opinion Is the below agreement fair?

    PEOPLE 
    Doesn't sound like a recipe for success to me. Partnerships rarely work out well as different expectations often emerge after time. If Steve wants to own a plumbing business then he should set it up himself and hire a plumber. If Jeff wants to own a plumbing business then he should hire an...
  9. wadza

    Can I Fastlane this possibly slowlane opportunity?

    EXECUTION SLOWLANE 
    Could definitely be a good learning opportunity for you if you take up the china opportunity, and you can always then apply your new skills and contacts into your own business when you want to start it up. If you have a good enough relationship with the guy running the company, maybe you can...
  10. wadza

    Pure Commission Sales Compensation Structure

    It's around the wrong way. Definitely incentivise based on a higher value. Or conversely you could offer a % of gross profit instead, which incentivises the sales rep to chase higher profit & deal value to get higher comms..
  11. wadza

    Anyone is Australia?

    MEETUPS 
    Yo Brissy lad right here! Would be good to get a little Brisbane fastlane collective going!
  12. wadza

    Telemarketing Question

    MARKETING 
    Sounds like you're on the right track. Cold-calling b2b is very hard these days so you need to use different types of prospecting... 'Predictable Revenue' by Aaron Ross is a good read on these other methods. Outsourcing to Philippines, etc for something like this would not work. I'm running a...
  13. wadza

    G'Day from Australia

    Yep another aussie here! ditto - great forum, really the only forum I regularly visit. You will pick up so much quality advice just from reading threads alone...
  14. wadza

    Franchise VS. Chain

    Are you talking about Jim's?
  15. wadza

    Starting From Zero (Again)

    MINDSET 
    awesome bit of motivation right there!
  16. wadza

    Hiring 1099 Independent Contractors?

    PEOPLE 
    I'm in Australia but I'm sure it's the same in US... I use gumtree (kinda like craigslist but more popular in oz).. where you can advertise for free or very cheap. just gotta keep bumping your ads to keep the applicants coming through.. Other specific job sites are more expensive but IMO can be...
  17. wadza

    Hiring 1099 Independent Contractors?

    PEOPLE 
    I use contractors for sales all the time... Honestly there is no specific method to only attracting quality applicants. The best way to go is cast your net far and wide, advertise on as many sites as you can and hire as many people as you can. What will happen is most will be rubbish and not...
  18. wadza

    How many of you idiots want to give me money?

    GOLD! INVESTING 
    Great advice! It's amazing looking at some of the key people who lost money in the madoff scam... professional investors, billionaires, etc people who you think would be able to spot a scam a mile off yet so many have been fleeced... Great stuff from Zen. It all comes back to 'if it sounds too...
  19. wadza

    Should I HIRE HIM??? Employee with Entrepreneurial Experiences

    PEOPLE 
    I have had a number of retired / semi-retired older people who have worked for me... Sometimes they like to be able to work part-time or flexible hours. If they're self-funded retirees often it's just so they can make their spending / pocket money etc. Other times it's just something to do...
  20. wadza

    27 year old from Singapore

    The good thing is you are in Singapore, which is rated as one of the most business-friendly countries in the world :) I like Singapore, I fly thru on my way to Bangkok and back. Went through those awesome gardens behind the Marina Bay Sands last time. Pretty cool energy about the place.
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