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Search results

  1. M

    Fastlane Parenting (Tips, Tactics...)

    GOLD! PEOPLE 
    Great thread, fantastic topic (one of the most important) and solid posts! Will add what I thought missing: Have the child work IN the business, then ON the business so they have the skills to manage their own money and business down the road. Tactic: In the US, if you have a sole...
  2. M

    Do You Even Respond? Worst Luck Finding Suppliers Online

    Hi, Another idea for your consideration. While you begin your production effort, set up a website to drop ship competitor products (doesn’t have to be your final site). This will - start your branding and market share - get you familiar with the market - build a customer base - begin making...
  3. M

    HOW To MAKE 20% in the NEXT 48 HOURS - Facilitate Bitcoin Trade

    INVESTING 
    That’s a great question. a. we actually don’t get many people that want to pay via bitcoin. We find most want to pay via paypal . b. we don’t keep most the bitcoin as bitcoin for very long, we divest into USD, or stock, or etc. c. for most our product line our business model is incredibly high...
  4. M

    HOW To MAKE 20% in the NEXT 48 HOURS - Facilitate Bitcoin Trade

    INVESTING 
    You make a great point. If a seller has stock which can be found at competing sites, the proposition isn’t worth the spread. Thankfully our stock –generally- are unique items. Frankly, I think there are very few folks that would be able to benefit from the strategy – and I would be interested...
  5. M

    HOW To MAKE 20% in the NEXT 48 HOURS - Facilitate Bitcoin Trade

    INVESTING 
    In 2013 Bitcoin has gone from about 13 USD to 700 USD. 1. Right now many folks are low on cash but have bitcoin. 2. They want to reap the increase in value, but don’t necessarily want to sell bitcoin into the market/cash out because they will be hit with a short term capital gains tax. 3...
  6. M

    Major New Direction for US Economy: Sub-Prime Mortgage Mortgages are back/C

    EXECUTION 
    Major Economic News: Major New Direction for US Economy: Sub-Prime Mortgages are back/Capital Write-offs of Housing Debt Today saw one of the biggest pieces of economic news in many months: The powers- that-be will bring back Sub Prime Mortgage Loans and allow underwater homeowners to write...
  7. M

    Hard Money Lenders?

    HOT! 
    Where to find ‘Private Investors’? Know your audience. You are looking for a retired or semi-retired person that has a nest egg and trying to live off income produced by that nest egg, but is having a hard time b.c. typical ‘safe’ income-producing assets (CDs, bonds) are only yielding 0.5%...
  8. M

    Hard Money Lenders?

    HOT! 
    Hard and not-quite-as-hard Money Hard Money - Right now in NorCal, Northern Nv Hard money is about 10-12%; there are folks that will go out two years. Private Investors are a great resource, but you really need to shop around. There are incredible opportunities in non-conventional...
  9. M

    How to gauge sales potential of physical product?

    Patrick, I understand EXACTLY what you wrote, as you stated that has ALREADY been published. My cautionary tale is for those that begin developing their ‘mock-up’ and think to themselves ‘I will just take the next step and book the sale then refund their money”. Or, they mock up an inventory...
  10. M

    How to gauge sales potential of physical product?

    Woooa, caution flag. Do NOT take orders on paypal or credit cards for something you don’t own, or doesn’t yet exist. Not legal, exactly. 1. You are in ‘Pre-Sales’ Luckily for you, the path is well trod. Do research on that term. 2. Build the sales funnel FIRST. Get the page in place...
  11. M

    Poor Time Management

    40 books is very do-able. Ask yourself througout the day - am I productive, or not. IF not, THEN could you be reading? (During commute, on the toilet, on hold, on the treadmill etc). You can't add more minutes, but you can squeeze more life out of each one...
  12. M

    What happens after I launch my website?

    FTE 
    AmCarbonaro, Good question. After you have a website you need to: a) fix the bugs b) maintain it c) market the site (reach, seo, PR, pr, etc) d) perfect the site’s original intentions e) grow the site while you grow your business models (add new revenue streams) f) perfect the...
  13. M

    Industry valuation

    Hi, you asked a very wide question - so here is a fairly wide answer: Business Stats (Free Business Statistics, Financial Ratios and Industry Statistics by BizStats) - industry stats and financial ratios Business Partner Network (Business Partner Network) - government business information...
  14. M

    what you think about SOPA/PIPA ?

    HOT! 
    To the point, SOPA and ACTA are old news. Right NOW - this week - reps from nine countries are meeting this week, unreported by the MSM, in Beverly Hills. They are negotiating the Trans-Pacific Partnership Agreement, which will further tighten the electronic noose. You haven't even heard of...
  15. M

    what you think about SOPA/PIPA ?

    HOT! 
    Stop SOPA When we notified Go Daddy that we were withdrawing the 8 domains we had registered with them, they sent a note. The note in effect stated that they were hopeful a better draft bill would be introduced. Of course, that was a bald faced lie since they had supported the existing bill...
  16. M

    what would you do if you lost 85K due to stock options?

    Great question. Not sure it applies to your situation, but for other readers: 1. IF you can show that the options were worthless during the same trade year, THEN you can write off the deductions . (Basis includes vesting.) 2. If loss occurred in a corp., sell the corp to someone that needs...
  17. M

    A Hustler's Guide To Buying And Selling Anything (Part 1)

    GOLD! SIDE HUSTLE 
    That post by Ivan is very good – his concise summary is obviously based on experience (and echoes much of my own) rather than just something he read on a blog. Now – regarding the issue of not buying stuff that costs less than a dollar: That makes sense when you are starting out. Eventually...
  18. M

    Housing Slump

    REAL ESTATE 
    Rickson, In addition to CashFlowDepot's most awesome answer, I pose to additional options for you to ponder/investigate: Start a REIT Start a MLP These are doable...not simple, not easy...but if you have multiple free and clear cashflowing properties, definitely doable...
  19. M

    Am I wrong or is my friend wrong? (Need opinions)

    I think you are both right. I think you are both wrong. Your prescription cannot work for him and vice versa b.c. you are both different people/systems. Also, you are both at different stags, both technically and in mindset. One answer won't work for these two disparate situations...
  20. M

    2012 Prognosis: Deflaglation

    INVESTING 
    (show me where I am wrong, please) Investing for Yield -2012Right now investors are chasing yield, and are more desperate for this yield than anytime in the last 30 years, at least. TIPSTreasury Inflation Protected Security (TIPS) is a government bond that pays a base coupon (interest) rate...
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