Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.
Join over 90,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.
Free registration at the forum removes this block.How did this white guy “go black” in 2023?!View attachment 53154
“Most people overestimate what they can achieve in a year and underestimate what they can achieve in ten years”
That’s the whole pointHow did this white guy “go black” in 2023?!
That's quite the transformation.View attachment 53154
“Most people overestimate what they can achieve in a year and underestimate what they can achieve in ten years”
One of the secrets of my success has been testing a lot of ideas. I actually want more ideas to test every day.
And the progress of your business is dictated by whether you land on a series of good ideas or bad ones. A series of bad ideas can almost bury your businenss.
I’ll give you a few examples:
• The idea to sell a service instead of coaching at the beginning of this year was a genius idea. It’s responsible for 80-90% of this year’s revenue.
• The idea in May to remove 2 calls in the sales process, and make it 1 optional call with the option to buy directly from the website following a guru recommended on thefastlane was a terrible idea. Reduced the pipeline by 30-40%, with no added advantages. Gurus lie — they come on podcasts and the media, and tell you outright lies, and claim revenue numbers and sales processes that don’t actually work in reality.
• The idea that every month is the same, and not considering monthly fluctuations made us lose 30% of customers in July-August which is a naturally slow period of the year.
• The idea to introduce additional services to improve results, reduce client workload, and raise prices/margins in August was a genius idea.
• The idea to reintroduce 2 sales calls, and have a structured pitch before closing was another genius idea, doubled closing rate.
• The idea to create an AI app for LinkedIn content writing was a genius idea — it’s been extensively used by our writers since creation to speed up the process.
• The recent idea to create an app to help someone analyze their LinkedIn Profile and provide a report with specific recommendations to turn their profile into a landing page — not sure if it’s a good or bad idea yet since I just released it on Christmas Eve, but may be the key to booking a ton more meetings by giving upfront value. Now in a recent thread I was against giving value for nothing, but… if that value costs you nothing, that changes my mindset. We’ll see once it gets tested if giving value upfront works or not. Who knows what will happen? My mind is hypnotized now, and I think it’s a genius idea that will revolutionize client acquisition… but maybe it won’t.
And there are more ideas…
• How about using a contact form vs a book a meeting link, and as soon as someone submits the contact form, give them a call and do the first 15min meeting like that?!
F*ck, I have no clue if this is a good idea or a bad one. But some people online say “well, people may not be willing to book a meeting yet, but they want to find out more, a contact form works better for them”.
Who knows?!
There are many many other ideas that I’ve tested that didnt have much of an impact one way or another. For example, I spent about $5K on ads this year, with virtually 0 success across FB/Google. I haven’t found a winning concept. I tried many sort of ads, paid @Andy Black for a consultation, followed a guru’s approach recommended by Andy and so on. Nothing worked on that front for me.
So good ideas, bad ideas, and ideas that don’t really move the needle one way or another…
But the point here is that your business is the result of a series of new ideas that you choose to implement. Implement a series of good ideas, you get growth and great results. Implement a series of bad ideas, you can almost bankrupt your business.
I’m really quick at implementing ideas. Usually a few days, max 1 week. For example, creating the LinkedIn Content Writing app — 1,5 weeks, working day and night, including learning what had to be learned to do it.
But it’s hard. You never know if an idea is good or not before trying it. And if you happen to land on a series of bad ideas that brings down your business and can even bankrupt you. Even in the more positive case, you can waste DAYS building something useless.
But… risk or not, ideas are the key to growth. That’s why I always tell people if you have a good idea that you want tested that could help my business, give it to me and I’ll implement it and test it for you and share the results.
I mean, what counts as a long post?I'm going to move this into its own thread, it's too valuable to be buried in a chat thread.
BTW, if anyone finds themselves making a long post that has discernible value, it almost always belongs in it's own thread, not buried in the chat thread.
I get asked by my friends why I’m so kind, if there’s nothing in return, and I said exactly.
But. You do get one thing. A feeling of satisfaction. A feeling of completion. That feeling that just makes you so happy.
I saw an old lady struggling to get onto the curb in the rain.
I walked up to her and asked her if she needed help. And she said sure.
I simply took her bag and helped her up some stairs, without expecting anything in return.
I got fluttered by compliments from her. Because I decided to put aside a few seconds and go out of my way.
So, who are you going to help today?
How long did it take to change parents?View attachment 53154
“Most people overestimate what they can achieve in a year and underestimate what they can achieve in ten years”
The real question is how long did it take for him to twist his genes?How long did it take to change parents?
Ok, my apologies MJ. I often use the chat thread to post lessons and updates, didn’t know it’s not meant to be used this way. Will be posting separate threads when relevant from now on.I'm going to move this into its own thread, it's too valuable to be buried in a chat thread.
BTW, if anyone finds themselves making a long post that has discernible value, it almost always belongs in it's own thread, not buried in the chat thread.
Ok, my apologies MJ
Yes, thanks @FastNAwesome for spotting and reporting the spammer.Folks, don't be afraid of reporting backlink spammers, even those who seem to have large post counts.
I just deleted a user with 170 posts, he went back and added backlinks to all his posts ... his deception lasted months until thankfully someone here reported it.
Over the next few days, people are going to start posting their big wins over 2023.
If you feel like 2023 was wasted because you didn’t have a big win, just know it’s not measured in material wins. It’s measured in what you’ve learnt and how you’ve changed and grown as a person.
Be happy with how far you’ve come this year. What challenges did you overcome?
If you still feel like you’re lacking something-it’s okay, just view 2023 in the rear view mirror. Focus on 2024 and keep pushing forward.
Thank you! Just got to keep gaining those little wins under my beltYou win an award for the best teenager poster in 2023. I appreciate your consistent contribution and clearly trying to add value with each post. You'll go far in life if you keep it up.
I don't even know who runs FB and LI Ads. Maybe Justin Then (I can't remember his username) and/or @eliquid?Who are the best FB and LinkedIn Ads experts on the fastlane? I’m specifically interested in those with experience generating leads for B2B.
In Germany we have a saying "Zu viel des Guten", which roughly translates to "Too much of the good" and I think this applies to this proposal, imo.Something that could be a cool thread idea is every year we have….
Drum roll please….
The Fastlane Awards!™
We could have like 5 catergories, such as
Funniest poster
Most bombs dropped
Biggest action taker
Best new user of this year
And more.
Then, every “casts” a vote for each catergory, and the winners get announced
Let’s hear some more catergories and if there’s a big response, I can create a thread.
I’m pretty sure that thread is dead now.In Germany we have a saying "Zu viel des Guten", which roughly translates to "Too much of the good" and I think this applies to this proposal, imo.
There are already systems which reward those posters as well.
Great action takers usually get many likes, the same with funny people and so on.
And in fact iirc MJ actually even has a thread where he nominates I think 1-2 people per year for a lifetime INSIDERS?
And besides, the reward for your actions shouldn't be some online forum award but the actual fruit of your hard work.
At least in my opinion ahh I feel like the Grinch rn
Join Fastlane Insiders.