Quick Update:
I have really got my shit together now. I have a long-term plan and reverse engineered how I will get there. Im using visualisation daily and dam, it really gets me excited and fired up to get this thing going, u guys have no idea!
Im currently in the process of incorporating to have limited liability, since I plan to sell my products online. Im estimating that the process will take around 2-3 weeks to fully complete. I paid some bucks to be assisted by an experienced lawyers office, in my opinion, the money already paid back (all the tips and information I got from them).
I have to admit, once you really take action, its a f***ing scary feeling, but rewarding at the same time... Theres no going back now...
I am pretty much putting ALL my savings into the company (besides money that I need for food and rent for the next 6-8 months). Worst case, if I fail, its getting another job to rinse-repeat the process. Believe me, I really dont want to fail at it this time around...
I am going to give it all I got and try to launch my product idea latest by early November. Plan is to sell it online and get a push in sales from the christmas business. I think my product is in a good price range for christmas presents and its deffinetly a product that adds value and is (for some weird reason?) not really popular or discovered yet in my niche, although it would be such a good thing to use.
Im confident that I can get my network of friends and family to push me with good ratings on amazon (30-40 reviews at least) for my product, once it is ready. Social Proof along with some ad spend should get me going with some sales to get started.
I have used amazon FBA before and since I dont want ANYTHING to go wrong with the logistics during christmas season, I will be relying on them to fulfill orders and ship to customers. Ofcourse, I will also store some products at my place and ship via DHL from there.
I am looking to produce my product locally (made in Germany), none of that Chinese shit.
Am looking forward to give you guys more updates soon. @maverick thanks for your kick in the a$$ to get me start taking action, its just what I needed.
Best,
Champion
I have really got my shit together now. I have a long-term plan and reverse engineered how I will get there. Im using visualisation daily and dam, it really gets me excited and fired up to get this thing going, u guys have no idea!
Im currently in the process of incorporating to have limited liability, since I plan to sell my products online. Im estimating that the process will take around 2-3 weeks to fully complete. I paid some bucks to be assisted by an experienced lawyers office, in my opinion, the money already paid back (all the tips and information I got from them).
I have to admit, once you really take action, its a f***ing scary feeling, but rewarding at the same time... Theres no going back now...
I am pretty much putting ALL my savings into the company (besides money that I need for food and rent for the next 6-8 months). Worst case, if I fail, its getting another job to rinse-repeat the process. Believe me, I really dont want to fail at it this time around...
I am going to give it all I got and try to launch my product idea latest by early November. Plan is to sell it online and get a push in sales from the christmas business. I think my product is in a good price range for christmas presents and its deffinetly a product that adds value and is (for some weird reason?) not really popular or discovered yet in my niche, although it would be such a good thing to use.
Im confident that I can get my network of friends and family to push me with good ratings on amazon (30-40 reviews at least) for my product, once it is ready. Social Proof along with some ad spend should get me going with some sales to get started.
I have used amazon FBA before and since I dont want ANYTHING to go wrong with the logistics during christmas season, I will be relying on them to fulfill orders and ship to customers. Ofcourse, I will also store some products at my place and ship via DHL from there.
I am looking to produce my product locally (made in Germany), none of that Chinese shit.
Am looking forward to give you guys more updates soon. @maverick thanks for your kick in the a$$ to get me start taking action, its just what I needed.
Best,
Champion
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
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?
