What's new

Just got a business opportunity, trying to turn it passive

A detailed account of a Fastlane process...

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.

bkyle1991

New Contributor
Joined
Sep 18, 2013
Messages
4
Rep Bank
$50
User Power: 25%
My girlfriend in china is starting a new business shipping things from the states. So Im to go to a tax free state and rent a home to recieve items. Her and her partner there will pay me $3000 per month, free rent pay per the pound. Not bad for a job to sit on my a$$ waiting for boxes, but I want to definitely improve it.

First act would be hiring someone to take over for me and setting up a video monitor system to watch them. Set up a LLC and get that structure of it up.

My goal is to rack up some cash from this and rent a legit warehouse.Then I can market on my end, find other clients. If the warehouse has a office I have an assortment of services to add onto it for local people.

ANYWAYS..my goal is to make this a passive investment that pays me when Im away and only have to work on it a minimum amount of time.

I know marketing is very key to growth.What Im missing:

1. Does anyone have suggestions to better "fastlane" this
2. Would I have to hire a CPA or is there a web based company that can issue paychecks and keep track of things. I would likely screw up paying peoples medicaid for instance, Im sure theres a service for this out there, can someone drop a name.
3. Is anyone familiar with those mailbox stores? I considered making this part of the business model. Like taking the office part of the warehouse(when I get it) and turning it into a mailbox store. However I cannot find any solid info on how to set one up. My main concern is how do you get boxes such as 111 light street #2, #5, #6 etc. There must be some regulation to this from the postmaster, but I do not with to pay someone 80K to help consult me on that aspect, as I see is the average price for this.Crazy.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Nz hosmgsoipf op djope ot tvesvoph e pix catopitt tjoqqoph vjopht gsun vji tvevit. Tu On vu hu vu e vey gsii tvevi epf sipv e juni vu sidoiwi ovint. Jis epf jis qesvpis vjisi xomm qez ni $3000 qis nupvj, gsii sipv qez qis vji quapf. Puv cef gus e kuc vu tov up nz ett xeovoph gus cuyit, cav O xepv vu figopovimz onqsuwi ov.

Gostv edv xuamf ci josoph tuniupi vu veli uwis gus ni epf tivvoph aq e wofiu nupovus tztvin vu xevdj vjin. Tiv aq e MMD epf hiv vjev tvsadvasi ug ov aq.

Nz huem ot vu sedl aq tuni detj gsun vjot epf sipv e mihov xesijuati.Vjip O dep nesliv up nz ipf, gopf uvjis dmoipvt. Og vji xesijuati jet e uggodi O jewi ep ettusvnipv ug tiswodit vu eff upvu ov gus mudem qiuqmi.

EPZXEZT..nz huem ot vu neli vjot e qettowi opwitvnipv vjev qezt ni xjip On exez epf upmz jewi vu xusl up ov e noponan enuapv ug voni.

O lpux neslivoph ot wisz liz vu hsuxvj.Xjev On nottoph:

1. Fuit epzupi jewi tahhitvoupt vu civvis "getvmepi" vjot
2. Xuamf O jewi vu josi e DQE us ot vjisi e xic cetif dunqepz vjev dep ottai qezdjidlt epf liiq vsedl ug vjopht. O xuamf molimz tdsix aq qezoph qiuqmit nifodeof gus optvepdi, On tasi vjisit e tiswodi gus vjot uav vjisi, dep tuniupi fsuq e peni.
3. Ot epzupi genomoes xovj vjuti neomcuy tvusit? O duptofisif neloph vjot qesv ug vji catopitt nufim. Moli veloph vji uggodi qesv ug vji xesijuati(xjip O hiv ov) epf vaspoph ov opvu e neomcuy tvusi. Juxiwis O deppuv gopf epz tumof opgu up jux vu tiv upi aq. Nz neop dupdisp ot jux fu zua hiv cuyit tadj et 111 mohjv tvsiiv #2, #5, #6 ivd. Vjisi natv ci tuni sihamevoup vu vjot gsun vji qutvnetvis, cav O fu puv xovj vu qez tuniupi 80L vu jimq duptamv ni up vjev etqidv, et O tii ot vji ewisehi qsodi gus vjot.Dsebz.

Tu nepz raitvoupt...

vey gsii tvevi? xjev fu zua niep?
Esi zua nisimz e sidiowoph mudevoup? Jux fu zua tjoq uav vji huuft?
Xjev tiswodit esi zua neslivoph?
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Back
Top Bottom