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INTRO This is my first forum/blog

Tmurphy0270

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Jun 21, 2019
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Hi im new to this, i think im posting in the right spot but my names Tom, id say im a natural fastlaner, at least my mindset(not the bank account yet). I just turned 21 and i dont really care about going out and losing money with my friends but they always insist and im bad at saying no. I've experimented with a couple businesses and nothing has really taken off. Right now im trying to liquidate a physical products brand so i can just be done with it and move on. Im thinking about doing facebook/digital marketing for local and small businesses but im not sure if its the right path... Doesn't seem as passive as i would like but my parents are on my a$$ about making money.
 

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MJ DeMarco

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Welcome aboard.

Right now im trying to liquidate a physical products brand so i can just be done with it and move on.
Care to share? What happened? What's the autopsy on its failure?
 
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Tmurphy0270

Tmurphy0270

PARKED
Jun 21, 2019
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Well Mr. DeMarco it’s a honor to be speaking with you, I already love it here. It’s truly a great forum and I’ve only been here a couple hours, you deserve every ounce of success just for putting this together.
My brand however... well I haven’t given up yet. A mentor of mine always used the example of solving people’s problems, and he’d always say that his problem was getting six pack abs. And I’m in good shape, So I used my knowledge of bodybuilding and created a product for people struggling with getting abs. I found suppliers on alibaba.com and prototyped a bunch of different suppliers and finally after months I put together the perfect bundle of equipment to give everyone the exact equipment they would need to ensure they were training all the muscles in their core. There’s a lot more science behind it but I don’t want to ramble.
My failure just seems to get bigger, I spend more time on the business and more money in ads everyday while storage and website services eat away from my savings. I am almost a slave to my inventory at this point. The minimum order quantity was 500 and they aren’t small. The product is also way to heavy for good margins especially for e-commerce with the price of shipping these days. I almost want to donate them just to clear my plate and start over. Another thing as well is that this product isn’t a magic pill that everyone else wants. No work and all the results isn’t how this works. So I guess it’s slightly unattractive for people. Doesn’t make them pull their wallet out, or maybe I’m just failing to convince people. I really don’t think it’s worth the potential upside in my opinion to keep pursuing the chance of liquidation. Thanks hope I didn’t write to much.
 
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Tmurphy0270

Tmurphy0270

PARKED
Jun 21, 2019
3
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I think my younger self thought this was going to be easy, I was so wrong. But I don’t regret a thing just trying to figure out my next move.
 

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