Hi guys,
By July 12th (4 months), I have set a goal that I need to be making $1,000/week in net income for a new business I want to start.
The issue?
I don't know what exactly. However, I want to leverage off my strengths and existing advantages.
If you could help point me in the right direction, I would appreciate it.
My Previous Venture Background - Tech startup entrepreneur coming off a recent exit for my start up (it was an app based company that was high volume, low profit... it required too much scale/volume/investment capital to go forward especially in such a small country like Australia (24M people). So I sold it and invested into Crypto and paid off my debts.
Strengths - I am strong at Copywriting, Sales/Marketing. I am also good at raising capital from investors.
Existing Ventures - I am running a Crypto Investment Pool on Telegram where I have 500 members who all pool their funds together to invest in ICOs that I choose for them. So far, me and my partners have made 30 Ethereum from fees within 2 months after investing in 5 ICOs so far.
We are going to be doing a new business model where we "partner" with 10 other pools to create a "pool alliance" and invest in under-hyped ICOs that give us a 10% finder's fee cut for the capital we bring in from all of our pools.
On the side, I am also "chairman-ing/advising" another tech start up overseas with people who will run it for me. But this venture will take awhile for profits to come in as its a scale play.
--
To simplify this all, I run a crypto investment fund and am helping launch another tech start up app. These don't take boat loads of my time currently, but I want to laser beam focus a lot of my time on something that will produce $1k/week income by July.
But I don't know what business to start.
I am happy to do a sole proprietor gig even, but I was wondering what kind of business models are realistic enough to produce a $1k/week salary within 4 months? I was thinking eCommerce? Copywriting business? Etc?
I write this post as I feel like I have the entrepreneur experience, some strong skills, and a good business network. But its just that I feel "un-focused" or "scattered" with what I want to focus on to make me consistent money each week.
If you could help, I appreciate it. I'm not an action-faker as you can see from above and I want to seriously focus 100% on building a Fastlane business.
By July 12th (4 months), I have set a goal that I need to be making $1,000/week in net income for a new business I want to start.
The issue?
I don't know what exactly. However, I want to leverage off my strengths and existing advantages.
If you could help point me in the right direction, I would appreciate it.
My Previous Venture Background - Tech startup entrepreneur coming off a recent exit for my start up (it was an app based company that was high volume, low profit... it required too much scale/volume/investment capital to go forward especially in such a small country like Australia (24M people). So I sold it and invested into Crypto and paid off my debts.
Strengths - I am strong at Copywriting, Sales/Marketing. I am also good at raising capital from investors.
Existing Ventures - I am running a Crypto Investment Pool on Telegram where I have 500 members who all pool their funds together to invest in ICOs that I choose for them. So far, me and my partners have made 30 Ethereum from fees within 2 months after investing in 5 ICOs so far.
We are going to be doing a new business model where we "partner" with 10 other pools to create a "pool alliance" and invest in under-hyped ICOs that give us a 10% finder's fee cut for the capital we bring in from all of our pools.
On the side, I am also "chairman-ing/advising" another tech start up overseas with people who will run it for me. But this venture will take awhile for profits to come in as its a scale play.
--
To simplify this all, I run a crypto investment fund and am helping launch another tech start up app. These don't take boat loads of my time currently, but I want to laser beam focus a lot of my time on something that will produce $1k/week income by July.
But I don't know what business to start.
I am happy to do a sole proprietor gig even, but I was wondering what kind of business models are realistic enough to produce a $1k/week salary within 4 months? I was thinking eCommerce? Copywriting business? Etc?
I write this post as I feel like I have the entrepreneur experience, some strong skills, and a good business network. But its just that I feel "un-focused" or "scattered" with what I want to focus on to make me consistent money each week.
If you could help, I appreciate it. I'm not an action-faker as you can see from above and I want to seriously focus 100% on building a Fastlane business.
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. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today