• The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success
  1. Join 40,000+ entrepreneurs
    who are kicking butt and
    winning their dream life.

    Unscripted™ Entrepreneurship:
    A Business That Pays More Than Money, It Pays Time.

    "Fastlane" is an entrepreneur discussion forum based on The Unscripted Entrepreneurial Framework (TUNEF) outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED™). From multimillionaires to digital nomads, the forum features real entrepreneurs creating real businesses.

    Download (Unscripted) Download (Millionaire Fastlane)  Register
    Registering for the forum removes this block!

EXECUTION Road To $1B Hedge Fund

Discussion in 'Progress/Execution Threads' started by GetShitDone, Dec 3, 2018.

  1. GetShitDone
    Offline

    GetShitDone Bronze Contributor

    Messages:
    263
    Likes Received:
    216
    Joined:
    Dec 20, 2012
    Location:
    Vancouver, Sydney, London
    Rep Bank:
    $1,086
    I've finally launched a business that is successfully making me Fastlane money and is scalable.

    I affiliate market for a Fully Automated Trading Bot that generates investors 20% ROI per month in the Cryptocurrency space. It hasn't once failed to deliver 20% ROI since it launched 9 months ago. (Before anyone calls scam, it's not. Hence why I've even signed up multiple private equity firms that have done massive due diligence).

    Note - This is NOT an MLM. Just a one-level referral program.

    This is all done under my own brand, so people who visit my site see solely my brand (I tell them about the actual product during consultation).

    Below are results within the past 2 months since launch!

    • 50 affiliates signed up
    • 25 affiliates who have invested (inc. whale accounts and a couple of funds)
    • $200,000 raised (I get a residual 5% of their profits from the bot)
    • $500 per week in passive income (residual affiliate profits)
    My short term goal is to get to $2,000 per week in passive income via getting more investors and getting my current investors to invest more.

    My 2 long term 2019 Goals are the following:

    1) My Own Bot - Create my own similar trading bot and do a Private (Institution-Only) ICO out of it and market it just to Institutions.

    2) Hedge Fund - Ultimately create a Hedge Fund via my current investor community and diversify into giving my investor community more high ROI opportunities. Creating a scalable community, brand, and platform out of it. Ultimately, I can launch a hedge fund out of the brand.

    ---

    This thread will be my progress thread on the above goals and how I progress.

    Hope to receive some great advice on the journey and share it with you all!
     
    Last edited: Dec 3, 2018
  2. Ascension
    Offline

    Ascension Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

    Messages:
    86
    Likes Received:
    155
    Joined:
    Feb 1, 2016
    Gender:
    Male
    Location:
    Germany
    Rep Bank:
    $764
    Yeah, no
     
    100k likes this.
  3. GetShitDone
    Offline

    GetShitDone Bronze Contributor

    Messages:
    263
    Likes Received:
    216
    Joined:
    Dec 20, 2012
    Location:
    Vancouver, Sydney, London
    Rep Bank:
    $1,086
    Thanks for the helpful feedback, haha.
     
    100k likes this.
  4. GPM
    Online

    GPM Gold Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass Summit Attendee

    Messages:
    550
    Likes Received:
    2,086
    Joined:
    Oct 25, 2012
    Gender:
    Male
    Location:
    Canada
    Rep Bank:
    $25,956
    You really think that a "fully automated bot" is your ticket to the big times?

    I would be worried about throwing all my eggs into that basket...
     
    SMH likes this.
  5. Stargazer
    Offline

    Stargazer Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

    Messages:
    105
    Likes Received:
    198
    Joined:
    Mar 8, 2018
    Gender:
    Male
    Location:
    England
    Rep Bank:
    $1,148
    That is nearly an 800% annual return.

    If you put in a mere $10,000 you will have a smidgeon under $600 million in 5 years time. (Or not as the case may very well be)

    No need to waste your time and efforts on paltry affiliates, setting up your own bot or starting a Hedge Fund.

    Dan
     
    Scot and amp0193 like this.
  6. GetShitDone
    Offline

    GetShitDone Bronze Contributor

    Messages:
    263
    Likes Received:
    216
    Joined:
    Dec 20, 2012
    Location:
    Vancouver, Sydney, London
    Rep Bank:
    $1,086
    What?

    I'm marketing for a fully automated bot, yes. And making $500 a week in passive income from affiliate profits, yes. Now planning to scale this into a platform where I can offer a diverse range of products to my clients.

    Therefore, I'm confused by what you mean by throwing all my eggs into 1 basket as I'm doing the opposite of that.

    And yes, this "fully automated bot" is actually producing the 20% per month returns for tens of thousands of investors as we speak (And it has done so since March). Myself included.

    Hi Dan, thanks for your feedback. I highly doubt this bot will be forever make 20% per month for the next 60 months as the returns will diminish over time due to macro environmental factors that I'm aware of.

    That's why I'm using it as a vehicle to create a community, brand, and platform.

    Hence, mentioning that I'm interested in diversifying with new investment products for my clientele.

    ---

    I'm now sending out Weekly Newsletters.

    Next, I'll create a Blog + Private Online Group.

    Thus, I'll introduce new investment products for them to invest in as well.

    Heck, they can even invest at seed-stage if I want to create my own bot platform.
     
    Tommo and Megan Kay like this.
  7. shubham525
    Offline

    shubham525 Bronze Contributor Read Millionaire Fastlane FASTLANE INSIDER

    Messages:
    241
    Likes Received:
    174
    Joined:
    Jul 16, 2015
    Gender:
    Male
    Location:
    India
    Rep Bank:
    $699
  8. GetShitDone
    Offline

    GetShitDone Bronze Contributor

    Messages:
    263
    Likes Received:
    216
    Joined:
    Dec 20, 2012
    Location:
    Vancouver, Sydney, London
    Rep Bank:
    $1,086
    Hey mate, I don't want to advertise it on the Forum as I created this thread more for a progress thread.

    But happy to DM you the bot details anyways privately.
     
  9. Vigilante
    Offline

    Vigilante Legendary Contributor Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

    Messages:
    9,679
    Likes Received:
    55,178
    Joined:
    Oct 31, 2011
    Gender:
    Male
    Location:
    Gulf Coast
    Rep Bank:
    $190,319
  10. Vigilante
    Offline

    Vigilante Legendary Contributor Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

    Messages:
    9,679
    Likes Received:
    55,178
    Joined:
    Oct 31, 2011
    Gender:
    Male
    Location:
    Gulf Coast
    Rep Bank:
    $190,319
    Here's a question. If this is scaleable and performs every time with 100% results, why wouldn't you go to a bank, get a million dollars, and replicate it hundreds of times over yourself? Why concentrate on affiliate marketing?

    Answer? Because there is no investment in the history of investments that is infinitely scalable with guaranteed 20% ROI, especially in Cryptocurrency.
     
    No Excuses, Roz, Mr.C and 18 others like this.
  11. James Gill
    Offline

    James Gill Bronze Contributor I've Read UNSCRIPTED

    Messages:
    75
    Likes Received:
    124
    Joined:
    Oct 22, 2018
    Gender:
    Male
    Location:
    London, UK
    Rep Bank:
    $738
    I really struggle to see many investors with serious $, which you will need plenty of over a long period of time to raise $1bn, investing into a new hedge fund based on your brand and a Crypto trading bot you're advertising. Their money will be going to fund managers you've never heard of run by a group of very experienced investment managers with MBAs and a proven history of delivering double digit returns over long periods. And I doubt you'd be able to persuade many of these people to get on board with your hedge fund if you have no experience in this field to bring to the table, they will just start on their own. I see it all the time.
     
  12. GetShitDone
    Offline

    GetShitDone Bronze Contributor

    Messages:
    263
    Likes Received:
    216
    Joined:
    Dec 20, 2012
    Location:
    Vancouver, Sydney, London
    Rep Bank:
    $1,086
    I'm in my early 20's with no assets to my name to be able to secure a $1M loan. And yes, I've invested a substantial amount of capital (substantial for me) into it as well.

    Out of the other thousands of investors worldwide, there are lots with $3M accounts, $5M accounts, etc that I have seen and personally know.

    I never guaranteed monthly 20% ROI, I merely stated that over the past 9 months it has always been that ROI since it launched (historicals).

    Also, as I said above in the previous post - 20% a month won't last forever and the returns will slowly diminish over time (due to the bot's trading style of how it makes its profits).

    My goal is to generate a base of investors out of this, turn it into a community/platform that I can leverage from, and diversify into providing them with more value in the form of new products/services in the future.

    Not just rely on this one product and expect it to be 20% a month forever.

    Planning long-term.
     
    mikey3times and ZF Lee like this.
  13. Fox
    Offline

    Fox Moderator Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

    Messages:
    1,728
    Likes Received:
    12,341
    Joined:
    Aug 19, 2015
    Gender:
    Male
    Location:
    Mexico
    Rep Bank:
    $76,214
    If it does indeed work I think you are going in the exact wrong direction.
    Mass marketing a competitive trading edge removes that edge.

    Find a handful of big investors and take a percentage (and keep it hush).
     
    Tommo, Roli, SMH and 8 others like this.
  14. FinTech
    Offline

    FinTech Contributor

    Messages:
    18
    Likes Received:
    21
    Joined:
    Nov 14, 2018
    Rep Bank:
    $107
    Ok first MBA's are worthless especially if they are "traders". They need to stick to investment banking.

    Also the returns aren't that crazy for trading, but the problem is all trades have a theta decay. How long that is no one knows but typically it's 6-18months. That is why the people who built this bot are more important than the bot because the market will change or the arbitrage will get sniffed out but the millions of other smart guys playing in this sandbox.

    Like why people bet on the jockey not the horse in business. Same with trading strategies.
     
    Dramolion, mikey3times, Scot and 3 others like this.
  15. GetShitDone
    Offline

    GetShitDone Bronze Contributor

    Messages:
    263
    Likes Received:
    216
    Joined:
    Dec 20, 2012
    Location:
    Vancouver, Sydney, London
    Rep Bank:
    $1,086
    What if the bot platform itself is already doing mass marketing? Because they have and there are 50,000 registered users in 9 months.

    That's not also counting the army of affiliate marketers that are promoting this. So with or without me, the bot I'm promoting is going to be mass marketed regardless.

    If you're talking about my own bot platform that I create, I am doing that by going for larger institutional investors when I create it (as a couple investors I've already signed up to this bot are in fact funds themselves).

    Exactly. FOREX trading can produce even higher returns than 20% a month. But I agree that all of these high returns come to an end at some point (most of the time due to macroenvironment) and I predict the same will happen for this within the next 12-24 months, slowly and slowly. I predict it will be 10% monthly average ROI in 12 months from now. And go down so fourth from there.

    That's why I'm going to use this bot as a vehicle to leverage from to create a platform out of it. Just like Amazon thrived from (short-lived) physical books initially to use as their "vehicle" to create a massive platform, I will do the same with this (short lived) bot as its massive returns are expected to trickle down in the next 12-24 months.
     
  16. GPM
    Online

    GPM Gold Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass Summit Attendee

    Messages:
    550
    Likes Received:
    2,086
    Joined:
    Oct 25, 2012
    Gender:
    Male
    Location:
    Canada
    Rep Bank:
    $25,956
    For some reason I am imagining that this is the person who keeps spamming youtube videos these days. Gone are the good ol' days of Tai Lopez, now it is some crypto trading platform or another.

    "I made millions of dollars trading crypto. I made so many millions that I want to let you know how too. All for the low low price of..."
     
    Roli, SMH, Kak and 2 others like this.
  17. Jaden Jones
    Offline

    Jaden Jones Igloo Builder Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

    Messages:
    156
    Likes Received:
    170
    Joined:
    Aug 22, 2018
    Gender:
    Male
    Location:
    Canada
    Rep Bank:
    $927
    Lets see here...
    C- nope, you didnt make the bot, nor do you control it
    E- nope, im sure anyone can get the bot and do what you do
    N -not really, as there are so many options out there

    While im sure you would technically meet the criteria of the next 2, there is no point going further. Dont get us wrong here, its great that you have been successful, but you need to see this for what it is, and no more.
     
    ZF Lee likes this.
  18. Mainstream7
    Offline

    Mainstream7 Beauty is Truth

    Messages:
    297
    Likes Received:
    318
    Joined:
    Jan 1, 2015
    Gender:
    Male
    Rep Bank:
    $1,306
    Of course it´s possible. Of course there are naysayers, but how are you going to develop your new products and make it profitable?
     
  19. Kak
    Online

    Kak Capitalist Swine Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

    Messages:
    4,959
    Likes Received:
    17,563
    Joined:
    Jan 23, 2011
    Rep Bank:
    $23,342
    20% compounded monthly huh?

    PM me and put me down as an investor! I’ll invest $20 right away!

    In about 10 years, that should net me in the ballpark of 434 billion dollars.
     
    Last edited: Dec 4, 2018
    Scot, Roz, Raoul Duke and 5 others like this.
  20. MJ DeMarco
    Online

    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

    Messages:
    27,383
    Likes Received:
    88,068
    Joined:
    Jul 23, 2007
    Gender:
    Male
    Location:
    Phoenix, AZ
    Rep Bank:
    $373,748
    Admin Post
    First, you're affiliating for a company that created the bot.

    If 20% a month is normal, why not keep it a secret and make a billion dollars in a few years?

    Oh yea, because 20% a month is unlikely (or worse, a screen scam) and the REAL money is made by selling the bot to starry-eyed get-rich-quickers.

    Why can't people logically think in terms of mathematics and simple human behavior which is always driven by self-interest?

    Human-1: Damn! This bot I invented makes 20% month! Consistently!
    Human-2: OMG, we're going to be rich! Don't tell anyone and lets get busy!
    Human-1: Hold on a sec, we're going to tell EVERYONE and let EVERYONE in on it.

    For this BS to work, you have to believe the above scenario.

    Amazing that people do. Day after day, year after year.

    This guy was making 20% a month too!

    RANT - What I learned from being Forex scammed out of $200

    I'm almost wondering if this is a screen scam. (The screen says I made 20% this week! It must be true! I just gotta keep depositing money to get access to this fabulous bot!!)

    Anyone in this thread, I implore you -- this is a PROGRESS THREAD -- if it turns into any solicitation, either HERE or via DM, the thread disappears.

    IMPORTANT! - Myself, Nor the Forum Is Responsible... (Required Reading)
     
    No Excuses, Scot, James Gill and 10 others like this.
  21. Fox
    Offline

    Fox Moderator Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

    Messages:
    1,728
    Likes Received:
    12,341
    Joined:
    Aug 19, 2015
    Gender:
    Male
    Location:
    Mexico
    Rep Bank:
    $76,214
    Year One
    Jan $10,000
    Feb $12,000
    Mar $14,400
    Apr $17,280
    May $20.736
    Jun $24,883
    Jul $29,859
    Aug $35,831
    Sep $42,998
    Oct $51,597
    Nov $61,917
    Dec $74,300

    Dec the next year - $662,473

    Any chance of an extra month or two in there so I can get to a million before it starts to trickle down?
     
    ZF Lee and Roli like this.
  22. Roli
    Offline

    Roli Gold Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

    Messages:
    1,045
    Likes Received:
    1,552
    Joined:
    Jun 3, 2015
    Gender:
    Male
    Rep Bank:
    $9,117
    Without ever having met you, you strike me as a genuine guy, however your story reminds me of the first sales job I ever got. I was wet behind the ears and I believed every single word of the pitch.

    I sold like crazy, I became a superstar (in my own mind), then one day I found out that the story was complete bull and in fact I'd been ripping people off. I was devastated, my figures crashed and I left wondering what happened.

    The thing is, crypto has been in the toilet for the last 9 months, definitely for the last 5. Maybe the bot is part of the whole ETF short hullabaloo, however I find it very difficult to believe that a trading bot making that much money would:

    a) sustain 50,000 people without completely screwing up the ROI

    b) be rented out to people for peanuts instead of the owners just making crazy bank.

    I mean just $10,000 invested 9 short months ago would today be $51,597.79.

    I don't care what universe your from, those are phenomenal returns in a depressed market.

    If I had that bot, I would test it, then I would show a select few people, to raise some money, and then I would sell practically all my possessions, knowing that I would be loaded within a year.

    PLUS!!!!

    If the bot is returning 20% for investors, it must be returning even more for the owners, as they are clearly taking a commission.

    This just reeks of really strong horse manure, or is it donkey dung?

    No, it's definitely the excrement of bulls.

    I'm thinking return of the Mad(off).

    If you're part of the scam, shame on you. If you're not, RUN FOR THE HILLS! Before you find yourself in a Federal jail. Remember big time financial criminals get longer sentences than most murderers.

    You asked for advice, and that's mine.
     
    Last edited: Dec 5, 2018
    GregDott, ZF Lee, Mr.C and 4 others like this.
  23. FinTech
    Offline

    FinTech Contributor

    Messages:
    18
    Likes Received:
    21
    Joined:
    Nov 14, 2018
    Rep Bank:
    $107
    Glad someone said it.... haha
     
    Roli likes this.
  24. Raoul Duke
    Offline

    Raoul Duke Stop F*cking Around Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass Summit Attendee

    Messages:
    1,221
    Likes Received:
    4,274
    Joined:
    Feb 26, 2016
    Gender:
    Male
    Rep Bank:
    $6,933
    #landfill
     
  25. Tommo
    Offline

    Tommo Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

    Messages:
    252
    Likes Received:
    383
    Joined:
    Jan 21, 2018
    Gender:
    Male
    Location:
    Perth Australia
    Rep Bank:
    $1,147
    Will this actually give you enough experience to start a hedge fund. Doesn't sound like it. I understand you have hope and aspirations but noone is going to own a 20% machine and share it.Would you, especially if they give you 20% how much are they taking as fees? Sorry mate but sounds like a Ponzi scheme.
    If it's legit good luck.
     

Join 1000s of entrepreneurs who are rewriting life's script and winning financial freedom.

---- ----

You must be a member to join the conversation.

Create Account

Join the community fast and easy!

REGISTER

Log In

Already have an account? Login here.

LOG IN

Share This Page