Moderator Note:
This is in response to a prior thread, posted here:
www.thefastlaneforum.com
There is some helpful advice here.
But most of it is still extremely general.
I will comment just on what I disagree with.
Most people don't understand what it means to be crazy about making money. It means to be desperate. That desperation is what will make you successful. Because you'll do anything, whatever it takes to be successful.
I'm not saying that your desperation should control you -- not at all, you should still be in control of it, so that you don't let it make you do something stupid. Think of bottled desperation -- that's what you need.
Look at Felix Dennis. All he thought about was money. He dreamed about money in his sleep. That's what pushed him to satisfy his partners & customers, and do what it takes to be successful.
This is how most entrepreneurs fail... complex ideas, where the payoff is far into the future. Why are we even talking about PayPal and eBay?! Trying to start PayPal or eBay is a recipe for failure. So many stars have to align, I can almost bet that you'll go broke.
You need simple ideas. Import tea from china. Sell to local coffee shops. SIMPLE! You go out, and you test it in 1-2 weeks max. WTF is this complicated shit, make a stroller, bla bla bla. I'll go crazy by the time the stroller is finished... literarily!
This is why I love e-commerce and internet business. You can make money, and lots of it, instantly. I've had clients who started an agency, signed up to work with me, 1-year later they were bringing in $1M+ in business. That's virtually impossible to achieve with offline businesses, unless you already have connections, or are able to develop those connections QUICKLY. Like Dan Pena teaches.
What Dan Pena teaches, that's along the lines of highly effective. F*ck, make $10M in 1 year, not 5 dude. Pick up the phone, call after old farts who are on their death bed, arrange with banks and other successful businesspeople to buy their company using bank money, etc. etc.
That's how you make big money, and you do it FAST.
If a business doesn't make you money fast, just close it.
Don't even think of complicated things.
Start with simple stuff.
That's my advice.
This is in response to a prior thread, posted here:

IDEA - SCALING - SUCCESS! - Antifragile's take: The secret to scaling up.
The secret to scaling up. Imagine a tailor who has little experience with suits making a one of a kind suit for you. Imagine he had to get it right the first time! It's not going to end well. And that's just a suit. That's how most people approach business. They have this big spark! Great...

Thank you @Antifragile@Black_Dragon43 (yes, even you!)
There is some helpful advice here.
But most of it is still extremely general.
I will comment just on what I disagree with.
I personally have my doubts about this method. I can't tell even my best friend what they should do unless they tell me, for example, I'm interested to do X. Then I can advise on the how. Because nobody knows you better than you know yourself. So at the highest level, only you can decide, since you know yourself, and you matter most when it comes to choosing the right direction.Talk to someone who's successful. Face to face! Ask them: "You know me, what should I do? How can I make something of myself? What's your advice?"
Ummm... I make $25-30K/mo profit these days, and I'm just as desperate as I was 12 years ago when I was broke. $25-30K/mo is what a good wage per YEAR is where I'm from. If you're not desperate, you're losing. Why would you not be desperate?Remember, you paid your bills already, so you aren't desperate, you are now moving towards something BETTER.
Most people don't understand what it means to be crazy about making money. It means to be desperate. That desperation is what will make you successful. Because you'll do anything, whatever it takes to be successful.
I'm not saying that your desperation should control you -- not at all, you should still be in control of it, so that you don't let it make you do something stupid. Think of bottled desperation -- that's what you need.
Look at Felix Dennis. All he thought about was money. He dreamed about money in his sleep. That's what pushed him to satisfy his partners & customers, and do what it takes to be successful.
If you said this to me I'd laugh at you. I'd tell you I want $10M in 2 years, NOT F*cking having a specialized education and having to still start my business. Like WTF?! I wanna make money dude. I don't wanna jack off dreaming about building & selling small buildings for two years and only then start my company... If you want me to get started with those buildings show me how to get the cash for it - how to build connections with investors, how to convince them I'm a big chad who will make them boatloads of money, how to have supreme confidence, etc. etc.How? Start by getting a Project Manager education & a job, so you know you won't F*ck it all up. That's probably a 2 year investment into a specialized education. It can serve you well to build up either a construction or a real estate company! It's something that can serve you long term.
If you know you won't F*ck it up, you're not thinking big enough dude. It should be so big you're almost sure you'll F*ck it up, and then you let the desperation inside you power you through everything so that you make it all a great success for everyone involved.Start by getting a Project Manager education & a job, so you know you won't F*ck it all up.
That will take months to start. I wanna make money NOW dude... Not invest in something that may or may not pay off months down the line.Be fearless and disrupt the status quo. You see strollers go for $1,000+ a pop? What if you made a minimalist version for $100? It'll suck but maybe it'll be good enough for just a "mall" visit?!
This is how most entrepreneurs fail... complex ideas, where the payoff is far into the future. Why are we even talking about PayPal and eBay?! Trying to start PayPal or eBay is a recipe for failure. So many stars have to align, I can almost bet that you'll go broke.
You need simple ideas. Import tea from china. Sell to local coffee shops. SIMPLE! You go out, and you test it in 1-2 weeks max. WTF is this complicated shit, make a stroller, bla bla bla. I'll go crazy by the time the stroller is finished... literarily!
This is why I love e-commerce and internet business. You can make money, and lots of it, instantly. I've had clients who started an agency, signed up to work with me, 1-year later they were bringing in $1M+ in business. That's virtually impossible to achieve with offline businesses, unless you already have connections, or are able to develop those connections QUICKLY. Like Dan Pena teaches.
What Dan Pena teaches, that's along the lines of highly effective. F*ck, make $10M in 1 year, not 5 dude. Pick up the phone, call after old farts who are on their death bed, arrange with banks and other successful businesspeople to buy their company using bank money, etc. etc.
That's how you make big money, and you do it FAST.
If a business doesn't make you money fast, just close it.
Don't even think of complicated things.
Start with simple stuff.
That's my advice.
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