The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success
  • Please Leave the Politics to CNN and FOX.
    Just a reminder that political topics/memes are prohibited, unless discussed within the realm of business and investment, for example, the impact the new Treasury Secretary might have with BTC. Please help keep the forum free of politics. (And I promise to do better myself!)
  • Join 60,000+ entrepreneurs who are earning their freedom and living their dream.

    "Fastlane" is an entrepreneur discussion forum based on The C.E.N.T.S Framework outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED®). From multimillionaires to digital nomads to side hustlers who are grinding a job, the Fastlane Forum features real entrepreneurs creating real businesses with one goal in mind: Freedom— both financial and temporal.

    Download (Unscripted) Download (Millionaire Fastlane) Register
    Registering for the forum removes this block.

INTRO 15 year business owner

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

MacTech602

New Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
May 31, 2015
7
6
20
53
Hi everyone,

My name is Greg and I live in Phoenix, AZ. My whole life I new I was an entrepreneur and some day would have my own business. After years of working for someone else that finally came to fruition. I run an IT consulting firm that specializes in Apple technology in business. Business is good but now I need to Fastlane it (getting up there in age). I hope to contribute to the forum in any way that I can and learn along the way. Have read both of MJ’s books multiple times.
 

Don't like ads? Remove them while supporting the forum. Subscribe.

Brjohn

New Contributor
I've Read UNSCRIPTED
Oct 9, 2017
7
11
15
21
Illinois
So I'm no expert in this area, but a family member is an IT consultant. I was talking to him about this idea of "Fastlane-ing" his business a few days ago. Not sure if this is applicable or useful to you, but his plan is to begin charging flat rates regardless of hours worked (of course) and just ensure that the client's computers are always up according to X standards based on a contract.

He worries about figuring out how to write a contract in a way that he doesn't get screwed like if a major issue occurs he'll be forced to work tons of hours. It seems to be a trade-off, if you do it that way you have consistency and it'll be really easy to tell if you can afford to hire somebody, calculate what you can afford based on flat dollar amounts per month. The negative is that you could potentially be forced to work at a loss (paying more for the employee than what you are currently getting), but it's bound to go both ways.

Anyways, hope I'm not just spouting obvious information to you.
 

MacTech602

New Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
May 31, 2015
7
6
20
53
Thanks for the info @Brjohn. It’s funny that you mention that because we have been working that way for years. It’s a great model if done correctly.


Sent from my iPhone using Tapatalk
 

Sponsored Offers

  • Sticky
MARKETPLACE Fox Web School "Legend" Group Coaching Program 2021
Yeah, your youtube channel is incredible and all the videos I have seen so far are really great...
  • Sticky
FEATURED! Introducing... WEALTH EXPO$ED, A Short Story By MJ DeMarco
Finally! I just launched a short story on Kindle (FREE if you have Kindle Unlimited)! After...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
I planned to make a separate post for this video but it is useful here as well for anyone...
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
Last promo of the year.. Get the training you need now or miss it. Promo Code: FINALHOUR...
  • Sticky
MARKETPLACE Kill Bigger Incubator
UPDATED POST: Hey Guys! I wanted to give a quick update on what this program has become. In...
  • Sticky
MARKETPLACE Grow Your Business With a Book (An Unorthodox Marketing Strategy That Built One of the Largest...
Are you looking for a new, lesser-known but potentially very lucrative source of leads to your...



Forum Sponsor

sponsor

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom