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Search results

  1. shane8399

    CENTS, SaaS, and a $10 million exit in 3 to 5 years

    EXECUTION SAAS / APPS 
    Is 6x common in SAAS? common only to SAAS? Or is it more economy based? I own a product based ecom/distribution company. Just curious if I have been underestimating my potential exit value at 3-4X
  2. shane8399

    How to waste time and money playing entrepreneur

    GOLD! MINDSET 
    I pay $250 for accountant all day. I had a job, multiple houses, and a business. What one needs to assess is, for $250, and 1 hour of my time, they are done, or 10 hours of my time to figure it all out, file it all myself, and hold the liability of the filing! Whats your time and liability...
  3. shane8399

    How to waste time and money playing entrepreneur

    GOLD! MINDSET 
    Good post. But heres a few quick adds. EIN are free??? http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Apply-for-an-Employer-Identification-Number-(EIN)-Online Filing an LLC, at least in Wisconsin, only costs you a little over $100, not $500. But most dont use this, or pay for...
  4. shane8399

    **The Paint Brush Cover On Shark Tank **

    OFF-TOPIC 
    Either way Congrats Sal! Very happy for you!
  5. shane8399

    22 Years Old: First Apartment Building Acquisition Done

    GOLD! REAL ESTATE 
    My non-professional advice is buy a multi-family FHA before anything else. I am guessing I am going to see problems with underwriters, after renovating my current house into 2000 sq feet, and trying to tell the bank I want to owner occupy an apartment in a 4 plex (i currently own two homes)...
  6. shane8399

    Wow, Talk About Poor Timing!

    EXECUTION 
    i know i am bringing one back from the dead but... i too thought this after watching the social media movie until i checked it out... check your facts before you pass on information as truth ;) The timeline on Limited Brands.com indicates that the purchase was for $1M (as does a NY Times...
  7. shane8399

    Going towards the Fastlane but sometimes feel ashamed. Why?

    HOT! 
    Yeah I may have went a little deep there. I am not sure if your above comment is sincere or sarcastic. Ill wait for clarification before precede with a reply to it.
  8. shane8399

    Going towards the Fastlane but sometimes feel ashamed. Why?

    HOT! 
    want to get real philosophical? there is only one real judge of character and acheivement in this world ;) I am not a psychologist, but I have been learning quite a bit lately about this type of stuff. This yearning for respect, i would say yes its human nature but doesnt happen with all...
  9. shane8399

    Going towards the Fastlane but sometimes feel ashamed. Why?

    HOT! 
    good replies so far, said most of what i wanted to say in some shape or form. Spidey, what it comes down to is the entrepreniural/business owner title has been tarnished by every tom dick and harry running a hobby side business only grossing 10k a year, or an unsuccessful business attempt by...
  10. shane8399

    Progress thread: My first two deals and beyond

    REAL ESTATE 
    the irony in the town name of Pleasantville, and "i wouldnt walk there at night" is amusing. :) OP - i have read your entire post, and i too am baffled at how cheap the properties are, i know the dakotas and the midwest states can be cheaper though, especially in smaller towns, further...
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