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Progress Thread Committing and No Longer Selling Myself Short

Discussion in 'Process / Progress / Execution Threads' started by InspireHD, Jan 29, 2017.

  1. UncommonWay
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    UncommonWay Contributor Read The Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    If you need some help, my day job is as a contract specialist for the government. As long as it's not something I'm working on or buying, I can try to answer your questions.

     
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  2. InspireHD
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    InspireHD Bronze Contributor Read The Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    PM Sent!
     
  3. InspireHD
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    InspireHD Bronze Contributor Read The Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Things have slowed down quite a bit. I am getting married next weekend and had so many things to take care of that this business took a backseat for a little bit. I also didn't want to keep pushing forward and then have something come up while I was gone that I couldn't respond to.

    About a week ago I had a buyer reach out to me asking me about proof of where I was buying from. I sent the document that he requested and then waited...sort of assuming that I was going to win my first contract. It was the first time a buyer asked for proof. I did some research and it appeared to be standard because I have no history of selling to the government so it is a way for them to make sure I'm not trying to scam them.

    This morning I check my email and see that I was not the winner of that order (keep in mind this has been at least of week waiting to see if I won). I went into my account and checked who won and found it to be really interesting. The winning company bid the exact same amount that I did. It seems a little odd after reading what @Walter Hay said to me about his experience. At the same time, I have to take something positive away from it. My bids are becoming more competitive and someone, somewhere is seeing my name pop up.

    I'm still not sure where I'm going to go from here, but for the next couple weeks I'll be focusing on my wedding and honeymoon. As fun and exciting as the planning has been, it's adding a level of stress having to constantly think about the little details and getting things done -- and adding my personal job in there hasn't made things easier.
     
  4. UncommonWay
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    UncommonWay Contributor Read The Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Glad you're seeing some traction on this, even if it's not a winning bid yet. Are you still going after the micro-purchase awards?
     
  5. InspireHD
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    InspireHD Bronze Contributor Read The Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Technically, yes. I haven't been working on the business so I haven't done anything else since earlier in the month. I'm sort of at a loss for direction, as sad as it sounds. I'm beginning to see I had no real vision moving forward as I don't entirely know what is possible. I think I've had a very narrow mindset and that I'm not quite thinking big enough. When I was working with my uncle years ago, I was doing the exact same thing I'm doing now and I am not entirely sure that what I was doing was productive for his business -- which is why I think he dropped the accounts and I no longer worked with him after that. It's much more clear now, but it's more or less an obstacle I have to get around. It's like .01% of what I can do so I can't just say "it doesn't work for me" and flip-flop to something else.

    I'm getting the itch to try other things that are more internet/computer related like web design, lead generation, etc. But, honestly, I have no idea how to start lead generation from zero. I don't even know if I know what that is. As much as I'm good with a computer, I am clueless when it comes to becoming a "producer" of something, like podcasts, youtube videos, lead generation.

    I've also been bouncing the idea around in my brain of trying to get into investment management. I'm a big fan of Warren Buffett and have been investing my own money since 2003. I love the idea of buying businesses that are undervalued. I've had good success with my own accounts in the past. Within the last several years, I've had yearly returns of 42% and 33%.

    At the same time I hear @MJ DeMarco yelling at me through his books. :) Maybe that's something for another life.

    I was watching a couple videos with Elon Musk and it leaves me in awe how big he thinks and the magnitude of what he's doing. Watching SpaceX launch a rocket is incredible. It makes me think, "What is the biggest thing I could do that seems impossible?"

    Also, the past few days I've been listening to the How I Built This podcast (which I highly recommend). It's very cool listening to how people built their businesses and it really shows you that they are just like everyone else. They had an idea that they went after and never gave up.

    This went on a major tangent, but I needed to get some things off my mind. I appreciate the help you have given me in PM and I hope to pick your brain a little more.
     
    Last edited: May 19, 2017 at 9:23 AM
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  6. UncommonWay
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    Honestly, I think you're selling yourself short with the government contracting route. Only you can know if you should switch to something else, but there's a whole wide world out there that doesn't involve working with the government or only "winning" if you're the lowest bidder.

    Of course, that's mainly my personal bias based on having worked for the government for over a decade. If I had a do-over, I would never have dipped my toe in that pond, because it turned out to be quicksand.

    I'm working on lead gen for local businesses in a specific niche. If you want to discuss how I'm doing that, I'll be glad to share with you. Maybe it will give you some ideas or alternative options.
     
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  7. InspireHD
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    You're probably right. You know more about the inner workings that I do. My uncle is still mentoring me from a distance so I'm willing to keep hacking away at it and see if there is a different avenue to approach rather than the micropurchases. There has to be a better way. It'll have to be something I look into mid-June when I return and things become more simple.

    I appreciate the offer. I'm definitely interested!
     

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