My failed poor executions

[GoGetter24]

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 done at cool I want one.

You're learning your lessons. You kept talking about "disruption", but that's only for guys with deep pockets. You can't disrupt anything. But what you can do is what you identified at the end: find market needs.

Fortunately it's a lot easier nowadays with google. You can check out search volume for any idea you come up with, and can then check the results page to see the competition.

Expect about 10 failed ideas, not just multiple failed ideas. Also note that each time you try and fail, and ask questions about it (like you're doing here), your knowledge and understanding of the process increases, and in turn: the odds of the next idea you execute succeeding goes up.

Keep going.

 

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[Late Bloomer]

Is there a previous thread where you explain your overall goals? I feel I came into the middle of a conversation, even though I see I'm responding to post #1 in the thread.

It's a bit like watching foosball, as the ball zooms back and forth.

There's some stuff about business finance (where did the $20 million rollup come from? If you know how to do that, why are you doing anything else?).
Some stuff about computer hardware (GPU's, tablets).
Some stuff about slowlane type jobs (tech support).
Some stuff about international business (VAT, money transfer).
And some other stuff too (seemingly random remarks about VOIP and Montana LLC's).

I have no sense of how any of this fits into any kind of master plan or criteria, or what skills or knowledge or life experience you have that would make one choice more promising than another.

I think if you take a deep breath and clarify what you most want to accomplish, it will be easier to come up with some reasonable next steps.

 

[ZCP]

Your claims:
- there is nothing there
- there is no way to get around
- you are unable to hustle buying / selling local
- there are no opportunities
- there are no jobs
- internet access sucks

If we dropped you in the middle of the desert with no food, water, or shelter. You would just sit there and say 'i can't do it'??

Change your mindset. Change your location. Change your language. Then you can change your beliefs.
@Kung Fu Steve can help.

 

[ZCP]

I've moved twice both on gambles that worked out, its irrelevant... go execute, I already gave you ideas.
@ZCP you have way to much patience, must be a monk or something

I'm not doing this for him. There are 1000's coming behind us that need this kick in the a$$ ....... we all must do our part to make this world a better place. If you are here 2 or 3 or 10 years from now reading this post, PM me. Let me know if it made a difference.

 

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[Kung Fu Steve]

@ZCP

Perfect example of emotional state.

No matter how intelligent someone is or what opportunity is sitting in front of them -- you can't access those resources in a down emotional state.

If you change someone's focus for a minute or change their physiology (ideally), you can get them to see things they don't normally see. It's clear to you in this moment because 1. your experience, but 2. your emotional state

For our friend here, these challenges won't be solved behind the keyboard -- get up, go for a run, get pumped, then start asking better questions.

What is going right in my life?

What opportunities are around for me?

What opportunities COULD be around for me?

Where can I help?

 

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[LittleWolfie]

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.)

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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[Late Bloomer]

I lay out the goals here...
INTRO - Hello, I don't want to be a millionaire

Got it and replied there, thanks.

I don't know how to do the $20 million rollup, I think I do.

If you've not yet made $4k in a month, I think you'd have a hard time doing the $20 million deal. I don't say it's impossible. But it does make sense for you personally, as you said, to want to walk before you run. Especially as you are still trying to sort out what your actual values and beliefs are. Let alone any specific big plan.

MJ's point is not that everyone should drive a Lambo, even if they prefer a different type of car or would rather get around by bicycle! His point is that for him, it was a symbol of what seemed to be an unattainable dream of wealth. He then learned that this much wealth actually was attainable for him. But first he had to discard a lot of bad "conventional wisdom." Then he had to learn a new, more realistic way to think about business and wealth.

MJ used his anecdotes about the car to build an emotional connection. That helps readers to be open to what he can teach about business.

A lot of people do consider Lambos to be a really damn cool car. Some of his readers have bought one, and you can indeed find their pictures here.

Maybe for yourself, you could put in the freedom to travel and to work with whoever you like, whenever you see someone else talk about their Lambo. Take it as a symbol of aspiration, motivation, and success, if you don't literally want the car.

Your right I didn't explain my life skills or knowledge, accept kind of implied. This is what I've done not who I am.

Thanks for the summary. That's really helpful.

You might like the threads here on web sales, copywriting, and "how do I go from a great idea to find a developer on shared equity?"

IT support might be a slow lane job, but I was looking at running an outsourcing firm that offered it Support through a Wyoming llc(not sure where your getting montanna from?) Though I'm not American so might have got states mixed up

You mentioned Wyoming. My mistake about Montana, an adjacent and in many ways similar state. In the U.S. it's possible to file business papers in one state, while you live and work in other states. Many people do this because they get a tax or privacy or legal advantage based on the laws of a particular state. A Montana LLC doesn't necessarily mean that the company's actually based in Montana.

Re international business, in Europe it's closer to business that are set up to people on the state borders.

I see what you're getting at, because in Europe you reach an international border a lot sooner than you do in most of the U.S. There are giant multinational accounting firms, such as Ernst & Young, that specialize in these issues. There might be some kind of a little niche opportunity. But if you aren't already passionate about international law and tax accounting, how likely is it that you'd find that opportunity yourself, and have a sustainable competitive advantage over a firm like E&Y or a Swiss bank?

I think your most empowering question is: What's Wolfie's lowest risk, most likely to succeed way to start making $1k per week right away? Ideally, starting this week and next week? From the way you describe your current attitude, I think everything that doesn't fit into this should be put on the back burner for now. Make enough to be happy with your initial success, living where you like, feeling successful about what you're learning in business. Then start exploring what might be beyond that.

 

[Late Bloomer]

If you click reply, the forum software will automatically quote the entire post. You can then edit that down to just the parts you want to respond to, as I did, by using square brackets. [ QUOTE ] without the spaces before and after the word quote, to start a quote. [ /QUOTE ] without the spaces to end a quote. Makes it a lot more readable.

Basically your right my lambos is freedom to travel and work with whomever and whenever I want (I like the idea of getting up at 4am, working hard for a bit, a nice siesta and out in to the evening for my fun.

So there you go. It's about freedom for you to choose your own location, timing, and team or clientele.

I'm following sales and copywriting threads, I don't need a developer for equity, though because I can code. I'll build a prototype myself, get sales and pay cash. I've got lots of people who can code who are underemployed/unemployed

Okay, so if you do something with coding, you already are confident you can scale additional code if that's what it takes to grow your business.

Mainly because of the provisions that allow you to be anonymous. If I file for a Wyoming LLC, buy a local voip etc nobody needs to know I'm not in Wyoming (can also get an IRS EIR number(legitematly) that's more potential step 2 or 3 though, seems a good way to outsource, although I'm not set on it.

Anonymous doesn't mean that governments won't be able to track your transactions so they can get their taxes. Many people want to know who they are buying from, not some anonymous company with a web site that doesn't tell who runs the company. If you are ever involved with a lawsuit, your actual identity will become public record anyway. I'm not sure what you're trying to protect with the anonymity.

There are VOIP services to provide a phone number in your choice of area code. For example, if you sign up for Google Voice from within the U.S., you can pick a number from any area code in the U.S. (or at least many area codes).

This wasn't my idea it was actually an accountant who has this issue, in his local area and wants to know if his niche is scalabe, it is probably way too much I'm trying to chew.

Yeah, let him get his own forum membership and discuss his business ideas directly. I think sorting your own business is enough to keep you busy for now!

I think your right, the current answer is I have no clue.

If you weren't exaggerating about how tiny your village is, it does look like it will need to be something online so you can reach more buyers.

 

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[ZCP]

@LittleWolfie
ok. show me where you have done each of the following:
- read the books
- studied the forum deeply (not just made a bunch of 'why that won't work for me' posts)
- run CENTS on several ideas
- done some initial mkt research / sales work to get the 'echo'
- have a pretty decent idea and the first few steps started

don't reply with your quick, whimsical, extremely shallow standard reply. go deep.

you have 263 posts in 19 days. time to stop posting and start working. go deep.

give detailed specifics with what AND why along with your detailed analysis of each of the items above.
if you complete all of that in one post before the end of the week, you are not going deep enough. you are just giving shallow answers and minimal work. go deep. stop talking / posting, start thinking.

 

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[LittleWolfie]

I About your constraints, well, anything sold online is fine, I guess.

I think the fact that me you and late bloomer all agree on that increases the chances that they are real external constrains and for me the best choice is something solid online.

Only thing preventing you from acting is yourself.

I am acting though,I just need to find something solid and simple online.

It doesn't need to be fastlane or perfect, just viable.

Perfect is the enemy of good enough.

 

[LittleWolfie]

I am kind of stuck in a cycle where I am always busy but probably not with the right things...

In this new members intro I saw myself. Since I don't know what is the right things too be doing for Fastlane, adding value or otherwise.

I fall into over analysing and constant posting so I feel that I'm doing something/anything. I then end uo wasting time and think it's better not to be online at all, but the local audience is too small.

 

[ZCP]

In this new members intro I saw myself. Since I don't know what is the right things too bw doing for Fastlane, adding value or otherwise.

I fall into over analysing and constant posting so I feel that I'm doing something/anything. I then end uo wasting time and think it's better not to be online at all, but the local audience is too small.

We are getting there now! Overcoming the mental roadblock is the first step.

While you continue working on that roadblock, point me back to the post with your location limitations.

 

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[ZCP]

[I continue because I want to help those coming behind .... the ones reading this years from now....]

@LittleWolfie if you were attempting to give advice to someone new on the forum, someone trying to get started, and they provided some of the responses and answers you have been to me; what would you do? Would you continue? Would you see progress? Would you feel your time was being respected?

This isn't a game. Your responses are wasting my and your time.
Quit being obstinate and trivial. GET TO WORK.

What are your next 3 goals (each in one sentence form)?
What are your 3 biggest challenges (as few words as possible)?
What particular action can you take to remove / defeat / overcome each challenge (one to two sentences each)?
How will this move you toward your goal (one or two sentences)?

Be succinct. Be particular.

 

[ZCP]

He's answered that: literally no money and no credit to be able to make a move without arriving homeless. ........

Excuses.

He MUST change his mindset. If he wants it bad enough, then there is nothing that could stand in the way.

 

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[Kung Fu Steve]

I'm banging my head on my keyboard here my friend but I am really rooting for you!

 

[LittleWolfie]

As you may be aware I have been struggling with the concept of the right mindset, and following the emotions people are using and displaying the right emotions.

I now have a machine learning algorithm, that can tell me the emotional state in some writing. Perhaps I could sell that to people whom have trouble? If a most of the people here maintain that mindset matters most, then I can now predict success based on whom has the highest confidence and joy and whom has the lowest sadness and anger. For instance I can see that @LilyRich has more confidence than @Neville Medhora does in their intro, with about equal amounts of happiness.

There is potential for a product here, just providing identification of emotional tone. It looks like with this aid, I will be able to perform much better in written communication than audio or visual ones, so that is something to be taken into consideration in my identification of where I can add value.

This is a problem for approx 10% of the world, an English language solution is available for an estimated one hundred and fifty million people(Including myself) 10 % of English speakers. Their has to be a fastlane in their somewhere.

For me this feels like when I got my first pair of glasses as a child , I very rapidly went form being at the back of the class in reading ability to one of the top five. I literally just needed help to see the tone.

I'm also working on learning how to re-write in a more positive manner. That is now the showstopper for me. I note that I seem to have a rather analytical tone (Hardly a surprise, however it is interesting just how strong and clear it comes across)

I'm also not projecting much confidence in my writings, so that is something I need to work on. I'm not sure if confidence is more, equal to or less important than sadness or anger tone. Does an analytical non confident tone, sound marketable?

The hardest part after detecting the emotional content of the word (which the computer can do for me now) and knowing what emotion is desired, is moving away form the analytical phrasing.

Below is an example of where this method has been employed in order to remove the sadness and anger, of an article while ensuring that the author's meaning was kept.

This work was especially tricky where the author employs a colourful turn of phrase in an insulting manner , however it will still be obvious to a native English speaker, even without the insulting tone.
The original text is here Shops open all hours around the Christmas period and mine is below.

What I would like to comment on are shop opening hours especially when it comes to Christmas trading. I also want to include the hideously greedy fat cats who insist in squeezing as much shop opening time as humanly possible and the people who find it an absolute necessity to spend all their waking hours feeling the need to shop.

I remember the days when all January Sales started the 2nd of January and all our lovely retail staff also got some time off to spend with their families during the Christmas holidays. This would have been Christmas Day, Boxing Day and New Years Day which is only three days but marginally better by today's standards. These days the only time shops close are Christmas Day and Easter Sunday and that's only because they have to due to them being Religious holidays. Surely it's not too much to ask for all shops to cease trading on Christmas Day, Boxing Day, New Years Day, Good Friday and Easter Sunday, if you are unable to organise yourself tough luck.

Under the current system widely used, if a shift happens to fall on any of these bank holidays then it is treated as a normal working day for that employee(rather than a holiday with overtime) unless they elect to use a day paid holiday to allow them to have that day off. (Presuming of course their are sufficient people to cover the store).

Now some supermarkets have and are even still campaigning to be allowed to open on Christmas Day! Which is just unadulterated avarice on behalf of the obese felis domesticus store owners who spare no thought for the people who work for them.
Let's bring back the days when everyone looked forward to the January sales actually starting in January.

The retail staff have been forced to endure extremely rude customers who are all fighting for that so called bargain, for a prolonged period, which now could be extended even more!
Where are the people who insist on these antisocial opening times?

They will be, sat on their fat backsides enjoying what everyone should have the right to do, and that is to have that quality family time. Will they be stood behind the till serving that red faced harassed person who has fought some other stress head for that jumper with the £2 discount, not a chance.

The most unfavourable culprit is a certain clothes store which demands on opening at 6am on Boxing Day, this leaves very little time for the staff to enjoy their own Christmas Day , knowing that they will be starting work extremely early the next day and probably had to work very late on Christmas Eve preparing the sale stock.

What explains the presence of all those presumably desperate for a bargain people who feel the necessity of queuing outside a s store at 3am on boxing day to save a few quid on clothing rather than spending that as quality time with their friends and loved ones?

These days we are too commercial and not enough time is given to spend time with our families. I remember when all shops closed every Sunday giving us that weekly family day when we all sat round the table for a lovely traditional Sunday Roast. We may now have Sunday trading as the norm but surely it's not too much to ask to close for 5 days during the year, which would be Christmas Day, Boxing Day, New Year's Day, Good Friday and Easter Sunday, What we need to do in this country is to bring back traditional family values because as it stands now we are set to lose them.

 

[LittleWolfie]

Goal 3 (Make some money online) Achieved

I sold a story about an intelligent dinosaur(for a charitable donation in my name, so I wasn't money changing, just trying to see if I could add value(would the income of covered the cost of electric to write it and the bandwidth to send it? Of course it was much too small to provide that kind of return on investment, the ROI was negative. Is there a large market for stories about intelligent dinosaurs? I doubt it, however even the greatest of journeys must begin with just one small step.


Goal 2 Progress (better tone) ( I have a medical issue, that makes detecting tones like trying to see without my glasses(affects roughly 10% of the population) my better thesauruses shows my which words are sad or angry or happy and allows me to reflect a positive mindset in my writings better. A massive shout out to @Outoftouch for working through this with me in convos(great value add) and to @ZCP for rephrasing things.

I've included some image to show you what it looks like in use (anger is red, sadness blue and joy yellow(imagine your colour blind looking at these pictures and you get an idea of where I am coming from as @Out of Touch said this helped with understanding where I was coming from in my writing.

On the plus side it's hard to get me riled up because I simply am unable to recognise your anger

Next Goal 2 Identify what @ZCP meant by me being

Quit being obstinate and trivial. .

I've literally no idea where I'm giving the perception of "stubbornly refusing to change one's opinion or chosen course of action"(obstinate) (indeed I've repeatedly asked for different approaches, alternative phrasing to aid my comprehension, are people unwilling to explain or unable to because they lack understanding themselves? Nor where I'm focusing on things "of little value or importance" because I'm not sure what is of high value and importance. Hopefully between this software, my conversations and new thesauruses, I can prevent this.

I'm using the software on my job application/CV/Cover letters, so I'm able to project a more positive tone, this has lead to an increase frequency in responses rate which is excellent, although I have not found a better job yet.

Goal 1 -still limited progress. (I've read through most of bob bly's work thanks)@OutOftouch

I especially think the datasheets could be a good fit for me(I'm working on that and trying to identify whom they would add the most value to and identify them. A task based charge (per datasheet) has the advantage of hitting the Scale (automation brings an advantage to me) There must be a Need as other people sell them and I think the technical language provides a t least a small barrier to Control. I've done up some other kind of technical writing too.

An interesting approach (I cribbed form an Austrian(edit English translations of German manuals(since I have basic German and a little cultural understanding both ways, I can improve the phrasing in a way an English as a second language person would be unable to do. While learning German is a small effort (high psychological) barrier to entry for a native English speaker plus their is technical complexity to understand (another barrier.) A few small barriers can reduce entrants too)

 

[LittleWolfie]

Goal 2 Great progress. (With Goal 3 achieved and Goal 1 relying on this goal. Regardless of numbering goal 2 is now my primary goal and goal 1 my secondary.

I'm now at the point where I can usually express my point, without sounding anger(occasionally sadness creeps in) Without relying on the machine, working through it with varying phrases, has been a real help as I it gave me (almost) reak time feedback,

I've noticed that I'm often flagged as writing tentatively, whereas a lot of people on here who are successful (and even those who are less successful, sound confident. I've yet to figure out how to sound confident about something I know to be true. Possibly due to a lack of hyperbole on my part (its just rather forced, uncomfortable and far from the truth)

I do sound very analytical, so I need to find an area where tentativeness and anayltical-ness is appreciated becuase that's well natural and easy. Who values that?

Goal 3 Small progress. Had some response on another thread(I think this long one derails people a little) as to possible approaches. I've hit the wall at identifying how to get in front of the target market(does this mean the marke tis absence or that my marketing skills are too sub-par?)

Possible Niches? Your thoughts

Appen and gig sites struggling- Next attempt Blocklance and Ethlancer because ETH can be exchanged for goods and services too!

 

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[LittleWolfie]

You're learning your lessons. You kept talking about "disruption", but that's only for guys with deep pockets. You can't disrupt anything. But what you can do is what you identified at the end: find market needs.

Fortunately it's a lot easier nowadays with google. You can check out search volume for any idea you come up with, and can then check the results page to see the competition.

Expect about 10 failed ideas, not just multiple failed ideas. Also note that each time you try and fail, and ask questions about it (like you're doing here), your knowledge and understanding of the process increases, and in turn: the odds of the next idea you execute succeeding goes up.

Keep going.

I had not learnt that disruption is only for guys with deep pockets. I'm not learning much from the failed ideas discussing them discussing them here might help. I've identified the problem. I'm looking at the too big ideas, not the fastlane ones.

 

[sparechange]

also ive only barely skimmed through, but id recommend to just pick any industry that interests you, literally anything, and just give that a go.

anything you start will be horrible right now, the key here is to learn the art of business. dont worry so much about making money now,

#1 what are some things that interest *YOU* ??

#2 something that you are knowledgeable and an expert?

#3 can you improve something about it?

how about we start with that

 

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[sparechange]

You can start off by learning marketing, acquiring customers, dealing with customers, and millions of other of things.

Even if you do & dump this idea, all the skills you taught yourself will transfer over to any other business you do, that is why action taking here is preached so much.

 

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[LittleWolfie]

It's not really about making money, its more about learning the process of learning & failure.

Most startups suck, that is totally fine, everyone needs to start somewhere.

Here's a random idea, if you are interested in computers why not start up a computer fixing gig?

Colin Thornton – The South African computer nerd who built a $10 million business by fixing problems - Smallstarter Africa example here,

Its not about the idea, but the execution.

I tried that too, my execution sucked, I guess. Though not customers locally, o kept knocking on doors and asking south Africa is an interesting example because they are low density, I tried specialising in laptops but didn't get people willing to post to me. That's actually.part of how I got kicked out of my accomdation, it wasn't really to be used for business use but I couldn't afford anything else and well I couldn't get to customers another way.

Not making excuses, I am at fault for breaking terms and conditions, if it had taken off first, wouldn't have mattered ,I took a big gamble and lost.

I've not learnt acquiring customers, that's the problem, with all my attempts. I've learnt some marketing tricks, but nothing that has worked well yet..else well I'd have customers.

 

[LittleWolfie]

Yup, tried door to door, local newspaper, craigslist, Google AdWords.

Maybe I should do something like sourcing, find those rare, unusual items for willing buyers. Then I'm adding value through resarch not just Google search, can deploy robots to be constantly looking for items.

I dunno, maybe the low risk, quick way is something more like a job/freelancer but automate it away.

 

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[LittleWolfie]

how many doors have you knocked on?

local newspaper seems to be a waste aswell as google adwords,

what about facebook or instagram have you done anything there?

have you tried leaving small flyers in public places like starbucks etc?

I did not count but all the doors here plus time neighbouring villages, so in all about 50. I don't think there is enough density to support anything with local customers.

Yep, tried Facebook,Instagram, twitter, Iinkedin, I seem to perform worse on those than Google Ads.

They are all a complex waste.

There are no public places like that here (I did try to hire someone of fiverr or craigslist in a big city to do that, for me, but no one wanted to know)

I tried standing by the crossroads, with a big sign, that didn't help.

I managed to get in a big supermarket for four weeks, but nobody wanted to know. I managed to get in library at another village (most people there came to use the computers because they didn't have their own,library had their own contract and not intrested in mine, couldn't find out who their supplier was.

I think everyone is doing laptop repair, to the point where all needs are feasible and nobody wants it. Lots of people use tablets/phones instead.

They all seem to be a waste, I think the trouble is looking elsewhere for clients means I'm competing with the local providers. Why would they want to send their laptop off to me, when they can give it locally? So I would need to target people with no local providers. Why would they hire me over any of the dozens of alternatives?

 

[Late Bloomer]

I'm into crypto, quite intrested in Non Standard RAM uses. So I quite like the CUDA and GPU,(I improve my pc's efficiency cheaply by running my OS in ram(.computer runs faster), and I used cheap pen drives as virtual memory, providing a cheap upgrade

Whatever else you do, I suggest you also make a blog where you gather articles and case studies that you find interesting on these topics. Don't present yourself as anything other than a person who finds this technology niche fascinating.

Some of the kind of things you could put up:
News articles about Nvidia vs AMD.
Blog posts from engineers.
Programming API guides to DirectX and OpenGL.
Wikipedia articles on fibre channel.
Technical discussions of parallel languages for supercomputers that crunch numbers on GPU's.
How game consoles use dual ported video memory.
Benchmarking tests of what kinds of GPU's give better frame rate performance for Davinci Resolve.
Articles about the history of obscure computers that used special weird memory tricks for super high performance.

You probably have lots of stuff like this already in your bookmarks. You probably find more of this stuff every day, as you browse based on your interests.

Provide a place for other people to learn about this field, without having to go through all the source information you wade through to find the gems.

If you have a specific question, correspond with an approachable engineer or manager and link on your blog to the conversation. Start to meet other people who are interested in this stuff. Find out which universities have strong research programs in this field, link to the new research and theses. As you start to notice patterns, add your own remarks rather than just posting other people's information. Write up a step by step guide to using pen drives for virtual memory in Linux.

You can start to get known as a young eager guy in this niche.

 

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[sparechange]

you don't need much capital to start a business.

i got a lawnmower for a couple hundred bucks and walked around door to door and made $20-$30 for under an hours work,

# cleaning windows is something you could do commercial or residential, startup cost under 50 bucks probably

# go around washing cars door to door spam out flyers allover the place

# flip random crap on kijji craigslist or w/e

lots of little things you can do, the problem with all these is you have to work extremly hard for this.

no one is gonna ***** hold your hand and babysit you.

startup phase is all about busting your a$$, your other thread is so dumb and pissed off so many people because you are making excuses, dont be a baby and hustle. read some books. let us know what youve done in the next week

 

[Late Bloomer]

i got a lawnmower.... cleaning windows... go around washing cars door to door... flip random crap...

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.

I have a hunch that his interest in high-end computer graphics and memory technology is going to be part of the solution.

He has some ingredients there, but he doesn't have a recipe.

He's like someone who is hungry and hasn't cooked dinner yet. Why not? Because the only ingredients he's found n the house, are mustard and peanuts. He doesn't see any rice, or lettuce, or chicken. Your approach is, I'm paraphrasing: "I've pointed out that there's mustard and peanuts in the house and yet you've not cooked dinner yet. Therefore you must have a psychological issue that will be cured if I scold and yell at you enough." Sometimes, someone hasn't cooked a meal because they really don't understand what ingredients might be on hand or what recipes might be possible, not because they need someone to yell at them.

Also, from a lifetime of studying psychology, I can say with reasonable certainty that scolding is seldom a viable way to help anyone reach a psychological breakthrough. Despite its popularity on this forum, it is not proven effective by a century of research into how the mind works and how to help other people achieve their full potential.

 

[Late Bloomer]

I considered an ICO kit,

Don't worry for now about a Fastlane-compatible disruptive breakthrough. I totally agree with sparechange, that what would you help you most is some kind of side hustle you can start immediately.

It's okay if it's a totally routine type of business. First get some basic cash flow going in a way that's sustainable.

First, prove to yourself that you can make some sales and have some business success. Until you've done that, it's too early to even start to ask what would be some kind of unique, awesome, big breakthrough opportunity.

It's a shame you aren't in a densely populated area. If you were, the kind of simple things that have come up in the conversation so far, like window washing, and helping little old ladies with their broken computers, could be a perfect start for you.

The enthusiasm for digital coins on this site doesn't represent a valid market niche for you. Most of the people talking about coins here already understand how to have a wallet. Or they would enjoy doing their own research and they are totally up to the challenge.

I think basic web design or online ad service, for small businesses in your own country, or very close by, might possibly be a great initial gig for you. I highly recommend Fox's and Andy Black's megathreads on those topics, along with Fox's Youtube channel and Andy's Soundcloud call archive. Also recommend you stick with Europe, and not try to crack the American market until you're already a local success.

 

[LittleWolfie]

Don't worry for now about a Fastlane-compatible disruptive breakthrough. I totally agree with sparechange, that what would you help you most is some kind of side hustle you can start immediately.

It's okay if it's a totally routine type of business. First get some basic cash flow going in a way that's sustainable.

First, prove to yourself that you can make some sales and have some business success. Until you've done that, it's too early to even start to ask what would be some kind of unique, awesome, big breakthrough opportunity.

It's a shame you aren't in a densely populated area. If you were, the kind of simple things that have come up in the conversation so far, like window washing, and helping little old ladies with their broken computers, could be a perfect start for you.

The enthusiasm for digital coins on this site doesn't represent a valid market niche for you. Most of the people talking about coins here already understand how to have a wallet. Or they would enjoy doing their own research and they are totally up to the challenge.

I think basic web design or online ad service, for small businesses in your own country, or very close by, might possibly be a great initial gig for you. I highly recommend Fox's and Andy Black's megathreads on those topics, along with Fox's Youtube channel and Andy's Soundcloud call archive. Also recommend you stick with Europe, and not try to crack the American market until you're already a local success.

I'll read through those pointers you gave me.

I agree it's a shame that it's not a densely populated area, that's why I thought of a slow lane remote work job (I can then move to where there is a high population density and start there)

That's why it's a real shame when people in those areas, don't want to offer what they have(location) I guess that's why the guy was able to build out development by going to meetups and outsourcing to devs.

Well,I already started the ICO kit sidehustle (oops), your right the target market would not be here.

I'm finding it's actually kind of hard to advertise online without bringing in the American market. Unless I'm using my website with geoblocking and referring them to that.

In no way at all, am I trying to reach American customers for anything.

You would think that keeping English out of the equation would avoid the American market that but it doesn't seem to be the case. First generation immigrants perhaps?

The last time, I tried web design I found two problems A) nobody wants to be the first clients, that's why I emailed charities, looking for free work
.
B) if it's remote work, they would rather outsource to somewhere cheaper than with someone 100 miles away

I can't figure the value add, I can do remotely to compete with everybody else


Yes, if I felt that the market would jump on something I could deliver locally I would put in to it a lot of effort.

I'm like a chef trying to come up with a nice pasta and can only think of how to cook 5 star meals.

Thanks again for you replies,agreement and your understanding over scolding rather than responding to my posts with " landfill" and scorn. I guess the lifetime of psychology helps you read between the lines, and value add.

My biggest issue with the high end graphics is I can't see a way forward without investment of some sort.

 

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[LittleWolfie]

you don't need much capital to start a business.


lots of little things you can do, let us know what youve done in the next week

I know, I tried lots of things with very little capital, that's the entire point of the thread, this is what I've done, it hasn't worked, what lessons can be drawn from it.

I've not figured it out yet, but I'm taking action (craigslist ad) and I'm looking for something suitable to put most of the effort towards.