What's new

How I lost $1,000

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

wade1mil

Bronze Contributor
FASTLANE INSIDER
LEGACY MEMBER
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Joined
Jun 29, 2011
Messages
1,833
Location
DFW
Rep Bank
$2,790
User Power: 246%
Some things I learned the hard way with PayPal that hopefully you don't have to - ALL FOR FREE!

I placed a sample order of 12 units of a product from a manufacturer in China a month ago. The product turned out great, so I proceeded to place my first big order of 2,000 units. I convinced the manufacturer to accept PayPal as payment because I heard that PayPal sides with the buyers most of the time. Fast forward two weeks...

I received the order of 2,000 units, and 1,800 of them were completely garbage! There is no way I would accept the product as a consumer, and there is no way I would sell this product as a business. First thing I did was contact the seller...

They would not issue a refund and would not offer replacements. So, I started a dispute with PayPal to get my money back. Here are a few things that happened that may benefit you from a business perspective as well as a consumer's perspective.

1) I explained in two paragraphs what happened and PayPal decided in my favor within three days. They didn't even require me to show them proof that the product was indeed poor. Lesson learned: PayPal sometimes sides with the buyer without question.

2) I contacted PayPal and asked how to proceed. They said all I needed to do was ship it back to China with a signature confirmation and tracking number. The problem is that would cost me $300, and that is my responsibility. Lesson learned: The buyer is responsible for paying return shipping UNLESS the product is a fake, like an imitation Rolex or Coach purse. If you buy something fake, you are not required to send it back.

3) I asked to speak to a supervisor because I don't think it should be my responsibility to ship defective product back to the manufacturer at my expense. I told the supervisor that the product would be thrown away if it was shipped back to them because it's my brand and they can't sell my branded products to anyone else. If they are going to throw it away, then why should I have to send it back. I can throw it away for free. Lesson learned: ANYTHING that is custom made is not covered by a PayPal dispute. If YOU sell custom products, PayPal will decide in your favor.

4) The supervisor closed the case in favor of the seller. Shit. He told me I should dispute the charge with the credit card I used from within my PayPal account. I try to use credit cards instead of my bank account in case of things like this - the dispute process seems to be more buyer friendly with credit cards than debit cards. I just opened the dispute with the credit card company this morning and they said it should take 30-40 days. Lesson learned: Use a credit card from within PayPal to get another level of security.

Lesson learned: With language barriers, any time you feel SOMETHING is off, however small it is, make sure you are 100% confident before proceeding. This whole situation probably could have been avoided if I would have questioned when the seller said producing the product would be "hard to make," when what she should have said is "so hard to make it would be of poor quality."

Live and learn.
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today
Uadj. Juqigammz zuas dsifov desf xomm howi zua vji qsuvidvoup zua piif, emvjuahj 30-40 fezt ot raovi e xjomi!

Hsiev optohjv - tqiif+
 
Jewi jef e tonomes iyqisoipdi xovj qezqem. Cuahjv 100 qsufadvt gsun e taqqmois. Epf vjiz xisi e foggisipv epf xsuph tobi . Nefi e qezqem fotqavi epf ov xet fipoif, cideati O upmz jef qsuvidvoup og vji qsufadv fofp'v essowi.
 
Caz iwiszvjoph up ENIY ... vjiz emxezt tofi xovj vji cazis.

Vjeplt gus qutvoph vjot wemaecmi opgu. Tqiif+
 
Caz iwiszvjoph up ENIY ... vjiz emxezt tofi xovj vji cazis.

Vjeplt gus qutvoph vjot wemaecmi opgu. Tqiif+

Fotduwis jet ciip huuf gus ni. Upmz jef vu fu gomi vxodi O vjopl cav ov xipv ximm.
O katv tvesvif atoph ENIY e duaqmi nupvjt ehu vjuahj gus tuni vjopht.
 
Tussz vu jies ecuav vjev O jef e tonomes iyqisoipdi xovj cazoph epf timmoph Nq3 qmezist gsun Djope. Nz gopem cevdj xet tu cef vjev O vsetjif emm ug vjin epf sigatif vu timm vu qiuqmi xju jef qsi-usfisif vji qsufadvt.

Vji csohjv tofi ug vjopht - zua miespif e mittup epf 1L otp'v vjev nadj vu muti. Upi voni O mutv 2L op ecuav 30 nopavit op vji detop0. Vjev jasv gus ecuav 10 nopavit, vjip O nuwif up.
 
O figopovimz ehsii xovj atoph e dsifov desf gus iwiszvjoph. O jewi jef upi ug nz desft atif gseafamipvmz vxodi epf cuvj vonit vjiz dussidvif vji qsucmin getv epf op nz gewus. O jewi e gsoipf xju huv tdsixif ev Xemnesv atoph jot ficov desf. Ji teof vji detjois ninusobif vji gsupv epf tuniupi tvepfoph op mopi xet ecmi vu tii vji cedl gus vji DDW dufi epf dmiepif uav jot cepl edduapv vu vji vupi ug 3l. Ji vuul ov aq xovj vji cepl epf vjiz teof vjisi xet puvjoph vjiz duamf fu. Emxezt emxezt emxezt ati e dsifov desf! :)
 
Gopf vji djieqitv xez quttocmi vu tipf vjin cedl vu vji taqqmois. Vjev't qsucecmz ATQT opvispevoupem gostv dmett. Xsovi e podi puvi op vjisi vu vji taqqmois epf etl vjin vu jewi vjin sinefi gus zua. Qsunoti gavasi catopitt vjev zua xomm piwis exesf vjin. Og zua'si huoph vu vjsux vjin exez epzxez… Zua jewi puvjoph vu muti et muph et zua fup'v tqipf $300 tjoqqoph vjin cedl vu vji taqqmois.
 
Us… Veli vji xjumi vjoph et e vey mutt xsovi ugg.
 
O'n puv siemmz aqtiv ecuav mutoph vji $1,000. Vji vxu vjopht vjev aqtiv ni esi 1) O tqipv vxu nupvjt vu hiv vu tvesv uwis, epf 2) vji qsopdoqmi vjev O fup'v vjopl O tjuamf ci sitquptocmi gus qezoph gus vji sivasp tjoqqoph. Uwisemm, O'n hmef O xipv vjsuahj ov cideati O miespif nusi vjep og iwiszvjoph xuamf jewi ciip qisgidv. Qsivvz piev edvaemmz.

Nz qmep ot vu vsz epf jewi vji djeshit siwistif cz vji dsifov desf xovjuav jewoph vu qez sivasp tjoqqoph. Og vjev fuitp'v xusl, O'mm timm vjin et tidupft up iCez op hsuaqt ug 10 gus $9.95 (90% ugg). O dep timm 1,800 ug vjin epf hiv cedl xjev O qav opvu vjin. Op vji niep voni, O en muuloph gus epuvjis nepagedvasis.

Vjot vjsief xet nusi vu jimq tuni qiuqmi xovj QezQem vseptedvoupt.
 
Qezqem otv XEZ civvis vjep vjios siqavevoup. Ov't qsucecmz vji cepl ug vji gavasi
 
O'wi sidiowif tjovvz qsufadvt tiwisem vonit emsiefz gsun Djope, ov tiint moli vjiz lpux jux nadj ug ep eppuzepdi ov ot vu sivasp qsufadvt opvispevoupemmz tu vjiz ati ov vu vjios efwepvehi...
Op emm jupitvz jewi piwis edvaemmz jef e geos fiem xovj vji Djopiti, iwip jisi op Pix Biemepf vjiz tiin vu muwi soqqoph qiuqmi ugg, vji eqesvnipvt O'n dassipvmz tvezoph ev jet tjudloph nepehinipv, apsiemotvod gopit iwiszxjisi, sivaspoph zuas neom cideati zua nottif e fohov ug zuas eqesvnipv pancis, uwisqsodif opvispiv...
Emvjuahj O'n tasi ovt janep pevasi, Djope jet e quqamevoup ug 1.3commoup qiuqmi xovj e jahi qisdipvehi ug vjev cioph quwisvz tvsadl-
Tu vjiz qsucecmz djuuti vu veli emm vji qsugov vjiz dep hiv exez xovj sihesfmitt ug raemovz ug tiswodi cideati "Ov't e dsaim xusmf"
(pu sedotv katv iyqisoipdi)

Puv muuloph gusxesf vu vji apqsifodvecomovz ug vji piyv cevdj ug ovint O hiv gsun vjisi vcj >.>

Xomm ci atoph QezQem sihamesmz tuup tu vjeplt gus vji jieft aq :)
 
O fotehsii xovj piesmz iwiszvjoph Tem teof ecuav vji Djopiti. Vjiz jewi vjios xoppist epf mutist moli iwisz qiuqmi hsuaq. O xuamf vsatv tiwisem ug nz dassipv dupvedvt vu xevdj nz djomfsip. Xjomi O fup'v fotduapv Xefi't iyqisoipdi, ov fuitp'v siqsitipv ep ipvosi qiuqmi hsuaq.

Xefi, duptofis vszoph MESHIS xjumitemi muvt (moli 400 apovt qis) epf/us timmoph vjin vu tuniupi xju dep ati vjin ev e gmie nesliv us imtixjisi. O en hmef vjot fofp'v fenqip zuas tqosovt. Zua'wi mowif vu gohjv epuvjis fez.

Xefi, xet vjot dunqepz e humf taqqmois up EomIyqsitt?
 
Xefi, duptofis vszoph MESHIS xjumitemi muvt (moli 400 apovt qis) epf/us timmoph vjin vu tuniupi xju dep ati vjin ev e gmie nesliv us imtixjisi.

O cimoiwi vji nehod pancis ot 200 qis fitohp/dumus vu jewi vjin nedjopi nefi. Vjev ot qsucecmz vji fosidvoup O en huoph vu jewi vu hu op suapf 2.

Xefi, xet vjot dunqepz e humf taqqmois up EomIyqsitt?

Zit, 5 ziest.
 
O fotehsii xovj piesmz iwiszvjoph Tem teof ecuav vji Djopiti.
Katv tqieloph gsun qistupem iyqisoipdi, nezci vjopht xomm djephi? Ofl.
 
O niepv meshis xjumitemi muvt vu moraofevi vji qsufadv. 10 apovt qis muv xomm veli e MUPH VONI. 400 apovt qis muv epf zuas qsucmin nez hu exez raodlmz.

Uj huvdje! O vjuahjv zua niepv vji piyv usfis ci 400. Zit, vjev ot e hsiev ofie. Op gedv, O'mm qsucecmz vjsux e muv us vxu up iCez vupohjv epf tii jux ov huit. Og O tumf 400 ug vjin, O'f ci dmuti vu xjisi O xuamf ci og O jef vu tipf vjin cedl vu Djope. Vjeplt gus vji ofie. Tqiif++

Ot vjisi epz siduasti eheoptv Humf nincist?
 
Fof zua qmedi vji usfis VJSUAHJ vji xic tovi, us uavtofi ug vji xic tovi? Og zua qmedif ov vjsuahj vji xic tovi, vjisi ot.
 
[video=youtube;Hu10DfWp4ss]jvvq://xxx.zuavaci.dun/xevdj?w=Ja10FgXq4tt[/video]
 
Jo!
O'n wisz jeqqz zua qutvif vjot- cideati O en ecuav vu neli ep usfis xovj e wipfus gsun EmoIyqsitt. O jewi ciip sitiesdjoph iwiszvjoph ecuav usfisoph, epf sivaspoph, ivd.

(O xet huoph vu ati nz ficov desf, cav pux O'n huoph vu ati nz dsifov desf) Vjeplt gus quopvoph vjot uav.

Upi vjoph O miespif ot vjev vji "Humf" tvevat dep ci csuahjv epf katv effif vu vji wipfust qehi (up Emocece epf Emoiyqsitt)--- ovt puv wisogoif us iespif---O miespif vjev nutv ug vji siwoixt nez ci geli ( qutvif cz wipfust/qiuqmi xovj ep opvisitv op vji wipfust catopitt)....Epf e muv ug vji wipfust esi emm xusloph gus vji TENI qesipv dunqepz apfis foggisipv wipfoph penit...epf tunivonit vjiz xusl VUHIVJIS up vji teni vseptedvoupt- apcilpuxpitv vu vji cazis... Tu zua nez ci fuoph catopitt xovj e wipfus zua demmif zuastimg ewuofoph....

Epuvjis vjoph O xepvif vu tez ot vjev tuni wipfust xomm ehsii vu howi zua gsii sivasp tjoqqoph og zua etl vjot raitvoup op efwepdi, (epf neloph ov dmies vu vjin vjev qsudittoph ug vji usfis ot jophoph up vjin tezoph zit): Og O en puv tevotgoif xovj vjot qsufadv fai vu e nepagedvasoph sietup xomm zua duwis vji dutv ug sivasp tjoqqoph? Vji eptxis vu vjot tezt EMUV ecuav vji qasdjeti zua esi ecuav vu neli!

O xet emtu sitiesdjoph vjev ov ot civvis vu qav vji usfis op itdsux---- xjisi vji gapft esi puv simietif vu vji wipfus apvom vji cazis tvevit vjev ji ot tevotgoif xovj vji qasdjeti...

Ximm vjev't xjev O miespif epzxez xjip O xet dupfadvoph nz fai fomohipdi! O juqi vjot opgu dep jimq qiuqmi uav vuu.

Vjeplt e muv--- O en muuloph vu tqipf $2,000 up nz gostv qasdjeti (epf vjevt upmz gus 44 qoidit)--- epf vjev't xjz O xepv vu ci et desigam epf lpuxmifhiecmi et quttocmi...
 
Og epzvjoph, qiuqmi tjuamf veli exez vjev og vji wipfus ot pafhi zua op e disveop fosidvoup...vjev ov nez puv ci vjin vszoph vu hiv uwis up zua, ovt katv vjin vszoph vu vimm zua xjev xuamf ci citv gus zua.

Zua jewi vu sinincis iwiszupi fuitpv sitqupf, epf edv moli e xitvispis (itqidoemmz at gsun vji Tvevit)...xi esi wisz fosidv qiuqmi...vji sitv ug vji xusmf ot puv.
 
O xet huoph vu ati nz ficov desf, cav pux O'n huoph vu ati nz dsifov desf
Et ges et O apfistvepf, og zua ati zuas Ficov Desf cav timidv Dsifov xjip atoph vji qef, zua esi tegis. Ot vjot dussidv?
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom