This thread will have two parts. Part one is advice to aspiring entrepreneurs while part two is a request from those that have a good amount of business experience. Part 1 I wholeheartedly agree with the Fastlane notion that your business should not have to be based on your passions. HOWEVER I...

Good day everyone, Two days ago, I spoke to an old friend I hadn't heard from in years. He'd talked about pursuing black chain development certifications and qualifications to forge a "new direction for his existence." His current position as a Trust Officer was draining him of life (and his...

Hey, A fictional scenario: You have found 3 ideas to meet all the aspects of CENTS. What other criteria would you choose to make a decision for one idea (and thus against the 2 others)? (To implement all of them is not possible in this scenario) My Problem is that i have many ideas and i cant...

Hello, nice to meet you:smile:! My name is Yoshina, and I’m 24 yrs old. I’d like to tell you my story of how I came up with my business idea that fits the CENTS model and my thought process towards entrepreneurship through the years, if you don’t mind;). (Tips at the end:smile2:) When I was...

So you've read the Millionaire Fastlane, Unscripted, Great Rat Race, even stalked MJ in his backyard to uncover the secret needs formula, but where... is.... that.... KRABBY PATTY FORMULA...I mean...NEED?! You've deep dived through hundreds of forum threads about finding problems and needs in...

Greetings everyone, Well, since you've read the title, let's start with a bit about my situation. I'm currently 22 and moved to a new city in Germany with my girlfriend. I have quit my job August 2021 because we are able to live comfortably on her sole income as a microbiologist. Since then I...

Hey all, something has been on my mind a lot and that is the idea of multiple businesses. You always hear about these investors and companies with portfolios of profitable companies just throwing off all this cash and making their owners rich. My question is, how much of that is fact and how...

Hello! I was looking for some feedback on a business model that I've been dreaming (and acting upon for a long time). Backstory: 2016: I was introduced to the stock market back from a friend. I discovered many different strategies like dividend investing, value, growth, etc. 2017: I got...

I don't know what should I be doing? I am at an edge where either I can earn now or else won't get enough time to work on my CENTS. Should I start a building a business or earn some money to pay my monthly bills? Is there any way for me to do both at the same time? Can I think of creat those...

Hey all, Just finished both TMF and Unscripted, and I don't intend to spin my wheels in the world of theories very long. Today I did a CENTS analysis of a business idea I've had for a while now. I know, the only way to verify if this is a solid idea is to test it against the market-mind, but I...

I was just thinking today... A lot of businesses I see struggling today because of COVID lockdowns and "non-essentiality" do NOT follow CENTS. A lot of businesses who are still operating, and even THRIVING, follow CENTS. Does CENTS add another protective measure for your business in this era...

My first product failed and I lost a lot of money on it. Now I’m looking back at what went wrong to make sure I don’t make the same mistakes for the new business I’m starting. Well, all I really had to do was a CENTS analysis and it became clear very fast! First Business (Amazon FBA Product)...

Sir, as you have mentioned in your book UNSCRIPTED about cancer analogy, i give a week thinking about my cancerous problem and i found one that is hurting me, not only me but everyone in my nation( i have studied marketmind!!) so i work on that Problem by putting my heart and soul but soon i...

Introducing -- Grade My Business Idea -- a website tool that will instantly grade and rate your business ideas in accordance to a weighted CENTS Framework whereas NEED and SCALE is most important, plus a MARKET ACCESS variable. (If you can't reach a market with a message, do you have a market??)...

What's up everyone? After reading and re-reading @MJ DeMarco's thread: The CENTS Business Commandments For Entrepreneurs I wanted to start analyzing some ideas of my own using the commandments. I created a CENTS Business and Idea Evaluator spreadsheet here. The purpose of CENTS is to improve...

I need your advice, ideas, and knowledge in the import/export business. Long story short I have family in Central America. My parents are starting a coffee and cacao plantation over there. And I have an uncle that already has a coffee plantation. He has 2 tons of coffee sitting in his...

Huawei got hit by Trump's banhammer. A lot of people are putting the fault on Google (it's not Google's fault). Here are the facts: -Android is Open Source. Huawei will keep access to latest updates, they just won't have access to Google softwares (It has been said Huawei would keep access to...

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Over the years I've read thousands of introductions here. A common thread I'm seeing follows the following format: A) I have 3 ideas, X,Y, and Z. B) None of them meet CENTS. C) X is missing entry, Y is missing scale, and Z is missing a mix of both. D) I don't know what to do. The end result...

Hi, I was wondering what your opinion on Warren Buffett is? Does Warren Buffett follow the "CENTS" framework in amassing his fortune? Or was he at the right place, at the right time & doing the right things? - Control lies solely on the due diligence of his investment strategies.. - Barriers...