EDIT :
For my intro, goals and aim go to INTRO - Hello, I don't want to be a millionaire
It's important to note that I'm not complaining about failures, I'm not ranting and whining about failures I 'm trying to discuss them and learn from them. Nothing has yet brought me money so, I'm executing but not making a profit.
My lack of ability to gain and convert an online audience and no product I believe in is what I think is hampering me.
I've been searching the forums, for terms like "rural areas", "online only" and trying to find examples of people who were in a similar situation who have succeeded, as that might jog my brain a little. My initial market research leads me to people 'like' the idea, or often generates a better idea of more interest.
To prove that I'm not a money chaser, I'm trying again to promote Ubuntu ( I believe in it and it is free) By running the principles here and in copy, I can gain free experience for a non profit whom's product I really believe in. Once, I achieve my monetary goals that may well be the only thing I do. After all if all you care about is adding value, why charge?
more https://www.thefastlaneforum.com/co...my-journey-to-zero-dollars.83281/#post-705967 I don't want to show the copy to google, but will link to ADs if they go up elsewhere. I can always PM it to you. I sound like a late night infomercial on my copy.
It is important to note the following; the emphasis is mine but the words are @Late Bloomer who seems to get were I'm coming form and can explain it better than me. (Funnily, enough it is always Canadians (And Australians) who understand and 'get me' and Americans whom I have the misunderstandings with, never the other way around.)
/EDIT
Sorry if it is the wrong place. I wanted to show I had done something, even if I'm not making money.
I've taken two approaches , I've realised that the difficulty is most of them are disruption ideas. So the fact that I've got any traction at all despite limited resources deserves a pat on the back.
I need to figure out a flip or other way for a small income (2k month)then I can look at the non disruptive category.
Tried to get work building simple apps/software remotely (only get offers for free or commission, maybe in the future but that's not for me right now) can't compete on price on upwork etc.
Thought of SaaSifying existing business, target single retiring individual. Identified targets, approached individuals about no money down or earn outs (I do the work, you collect most of the profits, while I expand it) perhaps not most control, but gives a lot of experience and tuition in the area, it's almost like having an investor in your company. Nobody was intrested, they all want cash down because they are retiring. Okay fair enough, come across something called merchant advance, seems perfect for saas, pay as you grow. Not available in my country, ok fine. Available in US trailed it out with Free VOIP line (note in Wyoming you can form.an anon llc for a few thousand get mail handling and voip line and appear to be in the USA (plus pick a rural location people are less likely to want to. vist I guess.
Got intreseted both ways, but I can't get a US bank account as non resident alien so won't fund me taking over existing business. For those of you in the US this could be very powerful combined with a roll up, buy a bunch of similar things with this financing (each non recourse funded on the companies profits for buyers with no money down) then sell the whole rollup for $20 million.
Tried looking into a wealthfront for cross border currency commuters handling the problem of those who get currency in one income and expenses in another, did a few interviews found a need, but 3 people wasn't enough, and I wasn't able to get more.
Tried another one VAT handling for digital sellers this is a problem in Europe and there is a company here that handles it all but they haven't gotten far outside.
I did some research, found out there was some demand in Germany (is easy to handle b2b but not for b2c) so I learnt a little German, so I could find and ask Germans more questions. Couldn't get enough interest though. This is probably better executed by somebody in a German speaking area, I really like it though because the product is just putting two existing products together. I'm not sure if that violates control or not.
Noticed GPUs, were cheaper locally than on the US,(mining rigs have pushed the price up) did the resarch pretty easy to build rigs from the components, just linux) tried to get attention.
One potential distributor in US, looking to buy as flatpacked and pick up(cool, looked like it would all work,would buy up, fly out and deliver. This didn't pan out as I lost them, I had some other potential buyers, however they wanted photos of the equipment, and I couldn't get photographs off the seller (weird, maybe they didn't actually have the inventory) and I wouldn't show a buyer fake pictures of stock I didnt have.
A nice cheap disruptor. Tablets are lightweight (and there are cheap ones now) but they suck at word and other things. Laptops are heavy and a powerful, so desktop as a service on a tablet. Cheap easy to scale. Add in keyboard and mouse and posh attached case for targeting a higher end market. Recurring revenue so could even start with Gillette model, and give some away for free.
Could be money in buying PCs removing graphics card for mining rigs and selling on. Looking for pre-orders and answer to the question where the hell do I put all of them and the rest of the parts!
I've tried flipping, locally everyone is either poor or broke-a$$ so went wirh a property sale approach (I'm not licensed so figured commercial then residental) a lot of Chinese people are I to that and heavily in Bitcoin (miners investors in miners) looking for a way out so found attornery who can do the legal stuff on bitcoin, offered deal to vendor who was struggling to sell (I give him a peppercorn payment for an optiom to buy in bitcoin, advertised property for sale (did a translation to mandarin on Google translate and paid someone on fiverr to submit to baidu) buy in bitcoin for asset outside your country was my spell. No luck. Would work better with residental property. Found a site with high wealth people to target, submitted was refused, probably because of the crypto mention, so tried again rephrased, nope you have to have proof of ownership sent the option letter, tried to make it clear they were buying the option but they wouldn't take that.
I gave mobile phones a try, nobody wants to pay anything for them, seems to be a marketplace of people selling to each other. Just get silly low offers, I guess everyone is thinking I will buy cheap and sell at profit.
I thought to myself, what should be easy to sell, what do people want? Things that make money. So I built an ML algro for stock picking (apparntley I should have learnt python and submitted it to quantopian where they give you a cut of all profits)
Got a little traction,(attention of the silicon valley VCs was nice) letter from USA hedge fund recruiter based on the first test of my algro was a chest puffer too(I think the no I don't have US status helped., I asked to be referred to their Dutch equivleant (I figured an email from his US colleague might get me in the door there, and same company so still profiting them, but no dice
( but not enough people willing to pay for a subscription to cover the cost of my ML rig or backtesting/paper trading (you can't run this stuff on AWS)
I found people via Facebook,Google AdWords,reddit, googling forums I've found reddit to be the best success so far for getting people's attention, possibly because my design is terrible. However I'm guilty of throwing anything up just to get something there. I have given up on Facebook and craigslist as they seem to only draw people with no money. (Though the ads do let you target high net worth people, I probably don't add enough value or show what value I add.
Tech support was suggested to me, a lot of demand for remote work swing shifts in the US at $20 a piece. However I'm not in the U.S., so I need to convince them I'm better value than an outsourced position in low cost of living country, or appear to be a us based contractor. (Possible future approach)
So I'm not saying I'm sitting here saying I can't do it. I've made multiple attempts and all have failed.
While I might have not gone massively wholehog into some of these, I really want to validate the need first. Do they want it enough to open their wallets or are they just going to say "damn that's cool, I want one".
For my intro, goals and aim go to INTRO - Hello, I don't want to be a millionaire
It's important to note that I'm not complaining about failures, I'm not ranting and whining about failures I 'm trying to discuss them and learn from them. Nothing has yet brought me money so, I'm executing but not making a profit.
My lack of ability to gain and convert an online audience and no product I believe in is what I think is hampering me.
I've been searching the forums, for terms like "rural areas", "online only" and trying to find examples of people who were in a similar situation who have succeeded, as that might jog my brain a little. My initial market research leads me to people 'like' the idea, or often generates a better idea of more interest.
To prove that I'm not a money chaser, I'm trying again to promote Ubuntu ( I believe in it and it is free) By running the principles here and in copy, I can gain free experience for a non profit whom's product I really believe in. Once, I achieve my monetary goals that may well be the only thing I do. After all if all you care about is adding value, why charge?
more https://www.thefastlaneforum.com/co...my-journey-to-zero-dollars.83281/#post-705967 I don't want to show the copy to google, but will link to ADs if they go up elsewhere. I can always PM it to you. I sound like a late night infomercial on my copy.
It is important to note the following; the emphasis is mine but the words are @Late Bloomer who seems to get were I'm coming form and can explain it better than me. (Funnily, enough it is always Canadians (And Australians) who understand and 'get me' and Americans whom I have the misunderstandings with, never the other way around.)
Wolfie mentioned that he's in a tiny village, with a very low and widely scattered population, very inadequate public transit, and he doesn't drive. That's a lot different from Vancouver.
Lawn mowing depends on enough lawns within reach, and a way to get the mower there. Would the village let him take a lawn mower on the bus? Flipping stuff depends on enough local sellers and buyers within reach. He's limited to what he could carry in his arms to the transit stop, take with him and store at home.
Window washing depends on enough windows within reach. Perhaps the bus comes once a day and drops him off where there are five houses, a gas station, and a grocery store. How is that going to add up to a viable window washing business?
These sound like real external logistics showstoppers. They are not internal psychological issues that could be solved with a pep talk for a better attitude.
He literally might not have large enough numbers to work with, unlike how many people are within an easy walk in Vancouver. So I think whatever he does, will probably have to be an online business rather than a local hustle.
I think he's not expecting anyone to do work for him. I get the impression that he's willing to work hard, and really literally does not know what he could offer, who he could offer it to, or how to reach them.
He's not expecting hand holding or babysitting. He's hoping for a conversation to work through different criteria and ideas, until he sees some things that possibly could work. As soon as he sees some ideas that look at all possible, I expect he'll quickly and energetically give them an honest try, learn and keep on moving forward. He is very eager to learn and to try something that might work, as soon as he can figure out what that might be.
/EDIT
Sorry if it is the wrong place. I wanted to show I had done something, even if I'm not making money.
I've taken two approaches , I've realised that the difficulty is most of them are disruption ideas. So the fact that I've got any traction at all despite limited resources deserves a pat on the back.
I need to figure out a flip or other way for a small income (2k month)then I can look at the non disruptive category.
Tried to get work building simple apps/software remotely (only get offers for free or commission, maybe in the future but that's not for me right now) can't compete on price on upwork etc.
Thought of SaaSifying existing business, target single retiring individual. Identified targets, approached individuals about no money down or earn outs (I do the work, you collect most of the profits, while I expand it) perhaps not most control, but gives a lot of experience and tuition in the area, it's almost like having an investor in your company. Nobody was intrested, they all want cash down because they are retiring. Okay fair enough, come across something called merchant advance, seems perfect for saas, pay as you grow. Not available in my country, ok fine. Available in US trailed it out with Free VOIP line (note in Wyoming you can form.an anon llc for a few thousand get mail handling and voip line and appear to be in the USA (plus pick a rural location people are less likely to want to. vist I guess.
Got intreseted both ways, but I can't get a US bank account as non resident alien so won't fund me taking over existing business. For those of you in the US this could be very powerful combined with a roll up, buy a bunch of similar things with this financing (each non recourse funded on the companies profits for buyers with no money down) then sell the whole rollup for $20 million.
Tried looking into a wealthfront for cross border currency commuters handling the problem of those who get currency in one income and expenses in another, did a few interviews found a need, but 3 people wasn't enough, and I wasn't able to get more.
Tried another one VAT handling for digital sellers this is a problem in Europe and there is a company here that handles it all but they haven't gotten far outside.
I did some research, found out there was some demand in Germany (is easy to handle b2b but not for b2c) so I learnt a little German, so I could find and ask Germans more questions. Couldn't get enough interest though. This is probably better executed by somebody in a German speaking area, I really like it though because the product is just putting two existing products together. I'm not sure if that violates control or not.
Noticed GPUs, were cheaper locally than on the US,(mining rigs have pushed the price up) did the resarch pretty easy to build rigs from the components, just linux) tried to get attention.
One potential distributor in US, looking to buy as flatpacked and pick up(cool, looked like it would all work,would buy up, fly out and deliver. This didn't pan out as I lost them, I had some other potential buyers, however they wanted photos of the equipment, and I couldn't get photographs off the seller (weird, maybe they didn't actually have the inventory) and I wouldn't show a buyer fake pictures of stock I didnt have.
A nice cheap disruptor. Tablets are lightweight (and there are cheap ones now) but they suck at word and other things. Laptops are heavy and a powerful, so desktop as a service on a tablet. Cheap easy to scale. Add in keyboard and mouse and posh attached case for targeting a higher end market. Recurring revenue so could even start with Gillette model, and give some away for free.
Could be money in buying PCs removing graphics card for mining rigs and selling on. Looking for pre-orders and answer to the question where the hell do I put all of them and the rest of the parts!
I've tried flipping, locally everyone is either poor or broke-a$$ so went wirh a property sale approach (I'm not licensed so figured commercial then residental) a lot of Chinese people are I to that and heavily in Bitcoin (miners investors in miners) looking for a way out so found attornery who can do the legal stuff on bitcoin, offered deal to vendor who was struggling to sell (I give him a peppercorn payment for an optiom to buy in bitcoin, advertised property for sale (did a translation to mandarin on Google translate and paid someone on fiverr to submit to baidu) buy in bitcoin for asset outside your country was my spell. No luck. Would work better with residental property. Found a site with high wealth people to target, submitted was refused, probably because of the crypto mention, so tried again rephrased, nope you have to have proof of ownership sent the option letter, tried to make it clear they were buying the option but they wouldn't take that.
I gave mobile phones a try, nobody wants to pay anything for them, seems to be a marketplace of people selling to each other. Just get silly low offers, I guess everyone is thinking I will buy cheap and sell at profit.
I thought to myself, what should be easy to sell, what do people want? Things that make money. So I built an ML algro for stock picking (apparntley I should have learnt python and submitted it to quantopian where they give you a cut of all profits)
Got a little traction,(attention of the silicon valley VCs was nice) letter from USA hedge fund recruiter based on the first test of my algro was a chest puffer too(I think the no I don't have US status helped., I asked to be referred to their Dutch equivleant (I figured an email from his US colleague might get me in the door there, and same company so still profiting them, but no dice
( but not enough people willing to pay for a subscription to cover the cost of my ML rig or backtesting/paper trading (you can't run this stuff on AWS)
I found people via Facebook,Google AdWords,reddit, googling forums I've found reddit to be the best success so far for getting people's attention, possibly because my design is terrible. However I'm guilty of throwing anything up just to get something there. I have given up on Facebook and craigslist as they seem to only draw people with no money. (Though the ads do let you target high net worth people, I probably don't add enough value or show what value I add.
Tech support was suggested to me, a lot of demand for remote work swing shifts in the US at $20 a piece. However I'm not in the U.S., so I need to convince them I'm better value than an outsourced position in low cost of living country, or appear to be a us based contractor. (Possible future approach)
So I'm not saying I'm sitting here saying I can't do it. I've made multiple attempts and all have failed.
While I might have not gone massively wholehog into some of these, I really want to validate the need first. Do they want it enough to open their wallets or are they just going to say "damn that's cool, I want one".
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