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What is the biggest obstacle you overcame to get to your success?

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  • Total voters
    5

Mike Mescodi

New Contributor
Sep 10, 2017
6
10
15
29
New York, NY
Dear Tribe,

According to Harvard Business School study by Shikhar Ghosh, the failure rate of all U.S. companies after five years was over 50%, and over 70% after 10 years.
This was enough for my friends to try and convince me that dropping out of college in Europe and moving to New York to become an entrepreneur was a mistake.

After a 8 hour flight I landed in JFK and my new life had begun, with $300 to my name, eyes wide open the opportunities were endless. I stayed with my uncle and slept on the couch for the first year and half. I picked up a job at a local Mexican Restaurant as a dish washer, saved up enough money to attend a Robert Kiyosaki 3 Day Financial Freedom Seminar and my life was changed.

In 2014 I started up a real estate investing corporation and began wholesaling properties in the tri state area, and although I lost more money than I earned, the education was priceless, I learned how to negotiate with home sellers and buyers, how to run numbers and identify whether an home investment had profit potential or not, and more importantly I sharpened my business skills.

Although it allowed me to grow as an entrepreneur, the profits weren't prevalent and my money tank kept going back to zero and the level passivity was very low. I was trading my time for money still. so I decided to pursue a new route. Fast forward to 2017. I'm a eCommerce Amazon seller with a year of experience, but without a fast lane breakthrough. I am still seeking to become Financially Free and I am aiming to continue to grow my business and network of likeminded entrepreneurs.

Thank you for reading my introduction and let's connect!

Sincerely,

Mike Mescodi
 

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AgainstAllOdds

Legendary Contributor
EPIC CONTRIBUTOR
Read Millionaire Fastlane
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Dec 26, 2014
2,277
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Chicago, IL
Although it allowed me to grow as an entrepreneur, the profits weren't prevalent and my money tank kept going back to zero and the level passivity was very low. I was trading my time for money still. so I decided to pursue a new route. Fast forward to 2017. I'm a eCommerce Amazon seller with a year of experience, but without a fast lane breakthrough. I am still seeking to become Financially Free and I am aiming to continue to grow my business and network of likeminded entrepreneurs.

That's great.

Did you read the two books that this forum is built around? Don't Just Build a Business... Build A Life!

If not, then read them. It will help you tremendously in terms of mindset before going forward.

How are the Amazon sales going? What revenue numbers are you at right now? And are you importing directly from factories or a site like Aliexpress?
 

Mike Mescodi

New Contributor
Sep 10, 2017
6
10
15
29
New York, NY
That's great.

Did you read the two books that this forum is built around? Don't Just Build a Business... Build A Life!

If not, then read them. It will help you tremendously in terms of mindset before going forward.

How are the Amazon sales going? What revenue numbers are you at right now? And are you importing directly from factories or a site like Aliexpress?
Im on chapter 25 of TMF and @mjdemarco no bs approach is incredibly valuable!
Thank you for the input i will be grabbing the second one for sure! I did over 160 usd in the first day of product launch. 500 usd in sales in the past thirty days since product launch and I'm taking massive action to scale up. i source directly from a factories in china.
 

Aaron T

Silver Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Aug 27, 2017
268
908
339
50
Dear Tribe,

According to Harvard Business School study by Shikhar Ghosh, the failure rate of all U.S. companies after five years was over 50%, and over 70% after 10 years.
This was enough for my friends to try and convince me that dropping out of college in Europe and moving to New York to become an entrepreneur was a mistake.

After a 8 hour flight I landed in JFK and my new life had begun, with $300 to my name, eyes wide open the opportunities were endless. I stayed with my uncle and slept on the couch for the first year and half. I picked up a job at a local Mexican Restaurant as a dish washer, saved up enough money to attend a Robert Kiyosaki 3 Day Financial Freedom Seminar and my life was changed.

In 2014 I started up a real estate investing corporation and began wholesaling properties in the tri state area, and although I lost more money than I earned, the education was priceless, I learned how to negotiate with home sellers and buyers, how to run numbers and identify whether an home investment had profit potential or not, and more importantly I sharpened my business skills.

Although it allowed me to grow as an entrepreneur, the profits weren't prevalent and my money tank kept going back to zero and the level passivity was very low. I was trading my time for money still. so I decided to pursue a new route. Fast forward to 2017. I'm a eCommerce Amazon seller with a year of experience, but without a fast lane breakthrough. I am still seeking to become Financially Free and I am aiming to continue to grow my business and network of likeminded entrepreneurs.

Thank you for reading my introduction and let's connect!

Sincerely,

Mike Mescodi


Welcome to the forum Mike!

Sounds like you were bit by the Entrepreneur bug and working hard to change your life. It is difficult as you know, but fun and wonderful all the same. As mentioned you should read the two books that this forum is based on. At the very least get the audio versions. It is well worth your time.

I have been thinking of trying Amazon eCommerce at some point but never dove in. How has your experience been?
 

Mike Mescodi

New Contributor
Sep 10, 2017
6
10
15
29
New York, NY
Welcome to the forum Mike!

Sounds like you were bit by the Entrepreneur bug and working hard to change your life. It is difficult as you know, but fun and wonderful all the same. As mentioned you should read the two books that this forum is based on. At the very least get the audio versions. It is well worth your time.

I have been thinking of trying Amazon eCommerce at some point but never dove in. How has your experience been?
Yes yes I definitely was bit by the Entrepreneur bug, in fact it took my friend Andy 6 months of convincing to get me to finally read Robert Kiyosaki's Rich Dad Poor Dad. that was the catalyst to my new journey of Financial Freedom. I am on chapter 25 of TMF and will definitely be grabbing the second book. My experience as a Amazon seller has been turbulent. it can be a cut throat environment, i compare it to sports. you have to compete in order to earn to top spots and I'm very competitive. I've learned a lot about internet marketing, sourcing good products and improved my advertising writing skills. I've seen some success. Here's a fun fact: on Aug 3rd I made $134 working a 8hr job. And on that same day I made $169.14 passively without lifting a finger via my eCommerce shop. The opportunities are endless if you put in the work. So my journey to Financial Freedom continues..... thank you for your input Aaron.
 
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