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Screw Interest, Get Commitment
HOT! RANTOne of the worst mistakes I repeat over and over again as an entrepreneur is confusing interest with commitment. The difference is simple (yet I still manage to F*ck it up—call me Einstein): Generating interest: giving someone something for free (newsletter sign-up, free e-book, free sample...- MTF
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- audience first building an audience commitment interest product first
- Replies: 44
- Forum: General Business Discussion
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Being committed or Being interested
IDEA MINDSET EXECUTIONI have read TMF about 2 months ago and I have been committed to executing my business idea since then, from learning how to code to researching and building an MVP website that resolves around my idea. However I've been having some difficulties lately to carry on with this momentum, as I have...- Alin Farah
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- commitment fastlane interest life advice
- Replies: 7
- Forum: Process and Execution
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Morality and business
PEOPLEHi all I've been amidst reading Atlas Shrugged and reading the book has sparked some questions regarding human morality and the business journey that many has set in. In most business, we are out there to make money and the main purpose of that is to support our living and our interests...- Endeavour1815
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- business interest morality philosophy
- Replies: 2
- Forum: Managing People, Relationships
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MJ talks about living off of 3.5% interest from bonds for life. But is he correct?
INVESTINGDear Fastlaners, I have a genuine question. MJ says in TMF and UnScripted that you can live off of interest from a large sum of money all your life without working. But I have a doubt. Suppose you have $10 million invested in municipal bonds, and you earn 3.5% interest per year. That's...- FastLaner007
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- bonds compound interest interest money system
- Replies: 20
- Forum: Investing, Crypto, Personal Finance
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Leasing classic cars
New cars depreciate incredibly fast. Even the best depreciation rates can be 30-40% over the first few years for a new car. It doesn't make sense to invest in a depreciating asset. Whether it's as the borrower, or the lender. It's expensive for both of them. Instead, it makes sense to invest in...- Johnny boy
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- cars classic cars interest investing passive income
- Replies: 0
- Forum: Ideas, Concept Feedback
