Ask Me Anything About SaaS ( I'm building my 7th )

Hello everyone.

A lot of you know me for my digital marketing Gold Thread here on the FLF ( see sig ), as well as other posts in the forum.

What you might not know is that I've successfully built 6 profitable SaaS programs either solely by myself, or with a single partner ( and with no other employees other than VA's ), and that I am working on building my 7th SaaS

I've learned a few things in SaaS over the last 7 years that span:

• Handling competitors
• Reducing churn
• Fraud...

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from Ask Me Anything About SaaS ( I'm building my 7th )

A billion-dollar opportunity: Shopify for SaaS

I recently wondered: Shopify does all the heavy lifting and lets me open an e-commerce store in minutes. Gumroad does the same for digital products. What's the equivalent for SaaS products?

To me that seems like an incredible opportunity.

After I tweeted the question, Twitter did its magic and Travis Fischer replied: "Happy to chat about my...

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from A billion-dollar opportunity: Shopify for SaaS

60 Days of 60 Minutes of Meditation - Let's Not Do Anything Together

Do you feel overwhelmed by the incessant mind chatter? Do you struggle to focus? Do desires rule your life? Are you dealing with recurring mental issues like anxiety, feelings of guilt, shame, fear, inadequacy, stress, etc.? Do you find it impossible to just stop and relax?

As entrepreneurs, we're all about taking action. We may mask our inner issues with endless hustle. We may tell ourselves that we can't afford to take a break because our competitors will get ahead. We may use solutions...

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from 60 Days of 60 Minutes of Meditation - Let's Not Do Anything Together

How great is your business idea from a CENTS perspective? Find out instantly...

Introducing -- Grade My Business Idea -- a website tool that will instantly grade and rate your business ideas in accordance to a weighted CENTS Framework whereas NEED and SCALE is most important, plus a MARKET ACCESS variable. (If you can't reach a market with a message, do you have a market??)

Grade My Business Idea: Business Ideas and Opportunities Rated Fast

I thought it was about time I created a grading tool with properly...

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from How great is your business idea from a CENTS perspective? Find out instantly...

From Getting By to "Oh My!"

Let me take you back to the start of the COVID situation, it's December 2019, the world is just starting to panic. But, in a student house share somewhere in Northern England, is a just turned 20 year old panicking for a whole other reason.

Why? He's getting old.

Okay, okay, don't laugh too much (or cry if that made you feel extra old), I know 20 isn't old - but it is an age where it's no longer cute to have big dreams, to say you're going to make something of your life but...

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from From Getting By to "Oh My!"

Investment Manager - Does it make CENTS?

Hello!

I was looking for some feedback on a business model that I've been dreaming (and acting upon for a long time).

Backstory:
2016: I was introduced to the stock market back from a friend. I discovered many different strategies like dividend investing, value, growth, etc.
2017: I got screwed over during the crypto craze but I lost mostly from investing in resources rather crypto itself (signal services, programs).
2018 / 2019: Studied a bit of Forex and assembled some trading...

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from Investment Manager - Does it make CENTS?

Growing a successful YouTube animation channel

Hello Fastlaners,
After years of (occasionally, I must say) reading this forum, I am excited to start my execution thread, and share my journey on creating and scaling a successful YouTube channel: I have in fact just started “High Living”, which offers animated videos on a variety of topics revolving around personal development.

Now, this isn’t how I planned on getting my feet wet into entrepreneurship. I always thought I’d start in e-commerce or lead generation/Google Ads. But the fact...

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from Growing a successful YouTube animation channel

From Flat-Broke to Financial Freedom: How to Get Started When You Have No Money

I see this question a lot here, and posted in a lot of introductions.

How do I get started when I have no money and no skills?

I made a video to answer...

Also there's an update on my next book near the end of the vid!

Enjoy, and if you're broke with no skills, I hope it helps you!

from From Flat-Broke to Financial Freedom: How to Get Started When You Have No Money

I sell phones, I don’t like the job, I registered my dream computer company mar/2021 but little time I have for it. Feeling trapped in mediocre life.

Hello, am Mahad. I am 25 years, I’ve been selling phone now three years, no money at all except for obligations. I like computing, I taught myself. Got some good skills. I registered a company. But the phone business helps me pay rent, bla bla, however takes all my time I’d have used to build my registered company. I feel trapped in life. I’ve read the mflane book now like two year, times I can’t count. I’ve decided to join the forum help me realize my dreams.

from I sell phones, I don’t like the job, I registered my dream computer company mar/2021 but little time I have for it. Feeling trapped in mediocre life.

Building an Authority Site in a hobby niche- on an expired domain.

I'm currently in the process of building an authority site in a hobby niche, using an expired domain.

It's in an evergreen hobby niche that is likely to be around even in the next 100 years and beyond (I hope, lol).

****************
For those that don't know,
An expired domain is an aged domain name that was previously used by another company before allowing it to expire for whatever reasons they had, and a good one would have acquired some useful backlinks while it was being used. It's...

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from Building an Authority Site in a hobby niche- on an expired domain.

Processing the idea - Step by step

Hi everyone,

Some days ago, I introduced myself on this forum via this post.

As I was deeply convinced that "I found THE idea", I promised to give you an overview of the different steps I initiated. To be direct, now that I processed some steps, I'm not so convinced anymore that the idea will take me on the fast lane...

Testing the idea and evaluate if it's really answering to a market pain...

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from Processing the idea - Step by step

Upgrading

Hi. My name is Stefan and this is my execution post (2nd one).
The first one was after I read unscripted and got hyped. Turned out that I was the perfect example of MJ talked about people who after reading the books start an execution post and after that, they vanish. I was the guy who was referring to. I was ashamed to post because I actually didn't have anything because all I was doing was action faking. So I did not post anything after the introduction..

But things have changed now. I...

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from Upgrading

Sales = Magic Pill to Entrepreneurship?

Hello Everyone

I vividly remember the "wake-up-moment" I've had after my first time reading the Millionaire Fastlane while studying for my engineering degree.
Being young, uneducated and maybe even really naive about my future, I thought that this paper called degree would be my ticket to a dream-future. I was sick and tired of being disrepected, always having to comply anyway, having bosses who don't have my interests in mind and not feeling that what I was doing, or what I had permission...

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from Sales = Magic Pill to Entrepreneurship?

SEO Business Model

Hello everybody,

I would like to ask for your opinion and advice and also to Mr.J Demarco.

Passionate about SEO, I am looking for a business model where I could create content, create traffic and monetize it to make interesting profits (100% passive income) with 100% free traffic through SEO. By following the advice of "Fastlane Millionaire" I do not wish to depend on an affiliate company such as Amazon or other affiliate companies. Do you have a business model to suggest me? A lead to...

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from SEO Business Model

Humble Hustle & adding value via Web Business - Progress thread

Hi Seniors & Mentors,

A simple hustle to learn, grow and achieve freedom.

To keep it short and not take much time of the reader, here is small intro and what i am doing currently:

In morning, I look for local clients to contact. I am targeting specific niches. Crafting a personal email for each of them (5-6/day) and sending.
Then i go to Job. At job, i try to find time and learn something new.

and then DO nothing.
I am action faking right now. I think stuck somewhere in DOD. :happy...

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from Humble Hustle & adding value via Web Business - Progress thread

Not ready..Will I ever be ready? Is there ever a perfect time??? F it. I’m doing it. I QUIT.

Ive been improving and managing other people’s businesses for over 20 years. I’m sick and tired of being the pawn in my own life story. I’ve been dreaming of owning my own business for at least 10 years. I read both MFL and Unscripted two years ago when I had my FTE. However, the “nail” obviously didn’t hurt enough to get off it until now. With COVID my job turned pretty cushy working from home. Now - Back in the office one week….I won’t sit on the nail any longer!!! I gave my notice...

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from Not ready..Will I ever be ready? Is there ever a perfect time??? F it. I’m doing it. I QUIT.

Should I Launch This Ecommerce Store?

Hey everyone! I have an idea for an Ecommerce store of which I want to start soon.

I love cereal. If a couple of aliens were to arrive on Earth to take 10% of the people who love cereal, I'd probably be sucked right up. From Lucky charms, to Frosties, to honey loops, to Reese Puffs I love them all. Except oatmeal XD.

I was discussing with my friend who has makes a couple hundred each month with such a business. He explained how one can launch an e-commerce store with a couple of dollars...

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from Should I Launch This Ecommerce Store?

Cereal Ecommerce Store

Hey everyone! I have an idea for an Ecommerce store of which I want to start soon.

I love cereal. If a couple of aliens were to arrive on Earth to take 10% of the people who love cereal, I'd probably be sucked right up. From Lucky charms, to Frosties, to honey loops, to Reese Puffs I love them all. Except oatmeal XD.

I was discussing with my friend who has makes a couple hundred each month with such a business. He explained how one can launch an e-commerce store with a couple of dollars...

Read more

from Cereal Ecommerce Store

Happy to join fast lane community

I am new here,

I am from Madagascar, one French-speaking country in Africa , I've read The millionaire fastline.
I'm a web developer since 06 year, I worked mostly with ecommerce in my third French companies (there are a lot of them here due to low salary) .
Happy to join us , hoping for more sharing to reach the goal

PS: Sorry for my English level, I'm working on it

from Happy to join fast lane community

Growing A Youtube Channel From Scratch

Hi everyone,

I've been on the forum for quite some time and have a few things going on but I am working on something new I wanted to share.
I have been a cryptocurrency investor for many years now, I can talk about it for days, so I thought I my swell start a youtube channel on the topic.

This is it here:

https://www.youtube.com/channel/UClMI34YPiYDtNLd0_577wEg

I haven't really shared this with many people. I know youtube is extremely competitive and a very...

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from Growing A Youtube Channel From Scratch

The progress of Visionz

Hi guys,

this is the progress thread of Visionz.

Visionz is a webdesign agency my business partner (@Ole1) and I launched in November of 2019.

The current state of the business is, that we are both working full time at it and are earning enough money to cover our living expenses. Last month (December 2020) was our first month to make more than 10k in sales (A big success for us).

But it should not stay like this. These are the goals for 2021:
-...

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from The progress of Visionz

Type of video on Amazon product page?

Hello people,

I sell an electric device (beauty product) on Amazon and I'm planning to add a video to the listing. I have two questions regarding this and would appreciate your opinion.

1) My intuition tells me that a video created by a Youtube or Instagram influencer whereby she reviews the product, leads to the highest conversion rate. I have done some google researches on whether this is indeed the best type of video for Amazon listings, but I didn't see anywhere being adviced to do...

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from Type of video on Amazon product page?

Need Help - Someone offered to buy my business domain (6-figs!)

Someone through Godaddy's domain broker service offered to buy my business's domain and I am indecisive on if I should consider it.

Their initial offer was only for $1000, and I told them they would need to pay a lot more than that as I use this domain for my business.

They said the buyer is very interested even if the price is a lot higher.

I wouldn't be willing to change my business name, but I could just buy a variation of my business name domain and continue using the same business...

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from Need Help - Someone offered to buy my business domain (6-figs!)

FIRE SAFETY FARCE - Why the Blind Die in High Rise Fires

The reason why I am posting part of my 3 page investigative article is that I want to raise awareness and also offer free of charge the details of the simple solution that I have invented. Anyone with sufficient interest please let me know. I would like to have a strong assurance that the person is serious about putting the product on the market, and is able to lobby some of the authorities I mention.

I do not want any financial reward, even though solving this problem could prove to be a...

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from FIRE SAFETY FARCE - Why the Blind Die in High Rise Fires

How to change your mood instantly

This is my personal trainer's YouTube channel. He recently made a video called how to change your mood instantly

I've been doing this first thing in the morning everyday for the past few weeks and I've never felt this energized in my life.
I'm not a morning person and I have the worst morning fatigue.
I've tried all types of routines to get into a better mood.
This is the closest thing I found to curing my morning fatigue and low moods in general...

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from How to change your mood instantly

Sup?

I'm Vinny.

Currently reading Unscripted and decided it would be a good idea to join the forum.

The 9-to-5 lifestyle just doesn't seem to be for me. I have had a total of 5 full time jobs. 3 of which I resigned and 2 of which I was fired. The longest of these two lasted a year and a half. The part time jobs I've had were much better but of course, not much money. I can't seem to hold down a full time job and now that I'm thinking about it, I really don't want to. Take my last job for...

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from Sup?

What does it mean to be an entrepeneur?

In your eyes or words.

In this day and age that title is tossed around quite a bit. But along the way perhaps the meaning has deviated as well.

You hear youtubers, influencers, and high performing sales reps on linkedin call themselves that, but is it accurate?

What distinguishes self employed from entrepreneur?

My thought is that if you set out to build a business but are underqualified and unknown in the space, then that's what should categorize you as one.

from What does it mean to be an entrepeneur?

Need an Accountability Partner? Find One Here...

Feel free to use this thread to network and find accountability partners.

It is also best to post your closest major city as well as any request...

I just posted a text on this in the Unscripted Text Network...



(Yes, I see the misspelling.)

from Need an Accountability Partner? Find One Here...

Anytime RV and Boat Storage

I got a grade B+ on the CENTS commandments which says with average execution this idea should bring about 10 million but I really want to hear from you experienced people in this forum as to anything I can do better or improve on. We own 105 acres of land (outright) and we want to turn 14 acres of this into ground storage for RV's and boats. I am an experienced entrepreneur as I have run a construction business for 31 years so the business end of this is easy to set up and automate. Our...

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from Anytime RV and Boat Storage

Dressing For Success... Stop looking like a fool.

It has come to my attention that few people give this enough thought.

A common theme of my posts is thinking big and leadership. Both of these REQUIRE interaction with other people. Sure you can build some onepreneur super outsourced company and make good money... But the VAST majority of the extremely wealthy got that way by making strategic deals, establishing influence and leading others.

Which brings me to LOOKING THE PART. It's popular, and often considered a badge of honor, in...

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from Dressing For Success... Stop looking like a fool.

Can’t decide between side hustles and a ‘real job’

Hi, I’m stuck in a decision choosing either the beginning of what could become the Slow Lane or a good decision. Currently I have some side hustles throughout my neighborhood typically services (House and pet sitting, Mowing and May get into pressure washing), which the jobs can be inconsistent. My current route for college is to begin education to become an Engineer I’m interested in Agriculture, Chemical, Mechanical, Electrical engineering and I’ve also taught myself how to use Java...

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from Can’t decide between side hustles and a ‘real job’

Introduction

Hello all!

I'm new here so I thought I'd introduce myself. My nickname is Mo. I'm a Marketing Consultant in the Developer Relations and Digital Marketing space. I'm from British Columbia, Canada.

I spent over a year learning to code, and I'm just getting my foot in the door in the Marketing industry. I'm going from having been Working Poor/Broke my whole life since graduating university in 2010 (typical Millennial story) to now working freelance for a rate that could see me making 6...

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from Introduction

which is the right country?

Hello everyone,

So after reading both books of MJ, I really have a dream to start my own fastlane business, the only thing bothers me is, am i in right place or am i overthinking this? I am in Germany currently and thinking to live here in Europe, but I do not know if Europe is nice place for fastlane startup? My plan is to sell the startup if it does good. But in different places I hear different things, coming back to how USA is better for startup growth and so on. People from USA and...

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from which is the right country?

Amazon Seller VS Affiliation

Hi,

This is my first topic. I have a choice to make and need your help.

I'm an experienced SEO guy and I began to make niche websites for 9 months (monetized with amazon affiliate commissions). I stopped to search for customers because it was like trading my time for money, you know the story... I now earned 1K in December and may earn about 300 in January (end of Christmas craziness).

I have ear about amazing selling machine gurus (they say you can win 1K+ next month) and I found The...

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from Amazon Seller VS Affiliation

Engineering Help for Free

Hi,

My name is Jacob, I'm an engineer specializing in Systems Automation, I aspire to create a business around it. In order to collect accurate market research data I offer my help for free so if any of you guys have things that are mind-numbing, error-prone, or time-consuming that you think could be automated or if you just want to vastly increase your production capabilities, let me know.

from Engineering Help for Free

Is Selling on Amazon worth it?

I have been toying around with the idea of selling on amazon and have been told be others that amazon is a great place to get started in with e-commerce. But I know nothing about it or if its even relevant to sell on there anymore. any feed back is appreciated

much thanks!

from Is Selling on Amazon worth it?

Nootropics Entrepreneur

I am employed but like everyone else on here I aspire to break the shackles of employment and become self employed. I have been reading this forum for motivation and to hear about others success stories.

I have created a nootropics business as I have been using them for a while and I find they help me perform and stay motivated. I am passionate about introducing others to the world of nootropics.

You can find my website at: brainvitalitylab.com

I would really appreciate any advice you...

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from Nootropics Entrepreneur

Entrepreneur's Toolbox: Company Formation, Virtual Mailbox, Registered Agent, Remote Online Notary

In the past 12 years, we've formed thousands of companies for clients all over the world. We helped clients sort out company formation jurisdiction, business structure, strategic tax planning, asset protection, and more.

During those years, our practice has found a tremendous hole in the marketplace for location independent entrepreneurs, or what some call digital nomads.

What we've found is there are few, if any, simple and straightforward service providers who offer transparent...

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from Entrepreneur's Toolbox: Company Formation, Virtual Mailbox, Registered Agent, Remote Online Notary

The Great Rat-Race Escape by MJ DeMarco, Now Available (All formats!)

Celebrate REAL INDEPENDENCE on your INDEPENDENCE DAY weekend.

I'm happy to announce that my next full length book (444 pages, 16 hours Audible) is now available with a release date of Tuesday June 29th, 2021.

- Audible Audiobook
- Amazon Paperback...

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from The Great Rat-Race Escape by MJ DeMarco, Now Available (All formats!)

Choosen path

I'm matt a 33 yo firefighter living in Florida. I did 12 years in the Coast Guard and have been a firefighter /paramedic for 6 years. I come from a family who have all been employees and then became entrepreneurs, so I've had a desire to do the same my whole life. I could go into the whole back story about crappy parents that abandoned me and abusive step dad all that but bring up the past doesn't contribute to my future. Bottom line I have seen what success being and entrepreneur is and...

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from Choosen path

I can't focus on anything

Hey everyone, I am a 24 years old veterinary medicine student and have 2 years left to study. I am studying for free, my country gives free studies. I don't really like my studies and don't want to become a veterinarian anymore, so I'm trying to find something that I would love to do, to find my passion or at least learn some skills to earn money and become financially free at some point of my life, I don't hope anything to achieve fast.

But the problem is that it seems like I can't focus...

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from I can't focus on anything

Underground Copywriting: Pro Level Copy Packages At Fiverr Prices - Web, Emails, Sales Pages, Articles, Advertorials and More!

​

If you’re a smart business owner, you know how important copywriting is to test your new ideas and promotions.

Searching for the right copywriter usually leads you to two different choices.

First, you may be tempted to go for the "PRO" copywriter, who charges you $200+/hr and then spends a month researching before he finally gets down to...

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from Underground Copywriting: Pro Level Copy Packages At Fiverr Prices - Web, Emails, Sales Pages, Articles, Advertorials and More!

The Adventure of Writing my First Novel & Short Stories Progress Trhead.

The New Beginning in 2021. I kind of took the same path as M.J. and started taking notes back in 2011 and have 150,000 words I finished in 2014. I found M.J.'s book and put it aside because I needed to go the rest of the way of going through a lot of different elements of the process to finish this book from a women's perspective of a writer. I remember when I started the forum M.J. kind of challenged me since he knew I needed to learn a lot more then what my "Ego" claimed to know at...

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from The Adventure of Writing my First Novel & Short Stories Progress Trhead.

How to stop procrastinating

This is something I've struggled with for many years and still do to some extent. We can't completely defeat procrastination.
This isn't a gimmick to fight procrastination. Like a 5 step system, or tricking your brain or rewarding yourself for finishing tasks.
I've read so many articles and watched YouTube videos on these so called ways to defeat procrastination but they only work temporalily.

This is something new I've been trying and this is one of the most productive years of my life...

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from How to stop procrastinating

Learning SEO

I have an idea that I'm willing to commit to but before I do, I feel one of the key skills I should look at is SEO. I'm trying to find out how best to learn about it so that if even if my idea fails. I can still use it for my next attempt.

from Learning SEO

Manufacturing Industry Software?

please suggest me best software for industry

from Manufacturing Industry Software?

How to do bookkeeping in Quickbooks? Tips based on my experience

Quickbooks is a popular choice for accounts management. Quickbooks is easy to use with awesome features. You can handle most of the accounting tasks such as invoicing, payroll, budgeting and reconciliation in QB.
It requires a little bit of time to learn the software functionality but it’s worth it. I have given few tips on restaurant accounting with QuickBooks. ( Most of the points are applicable to other businesses as well. So keep reading.) It is based on my 10 years of accounting...

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from How to do bookkeeping in Quickbooks? Tips based on my experience

Mj new book

Guys who have read the great rat race escape the new book of mj any review

from Mj new book

ALIBABA's $2.8 billion fine.

An article in the Wall Street Journal has provided information about the whopping $2.8 billon dollar fine imposed on Alibaba by Chinese corporate regulators.

Here is an extract: "China’s antitrust regulator imposed a fine equivalent to $2.8 billion against Alibaba Group Holding Ltd. for abusing its dominant position over rivals and merchants on its e-commerce platforms, a record penalty in the country that comes amid a wave of scrutiny on the business empire of company founder Jack...

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from ALIBABA's $2.8 billion fine.

Holy shit

Holy shit. We got offered almost a quarter million dollars for a small (ish) (portion of the podcast Corp today. My friends used to laugh at me for podcasting. I'm laughing today tho

from Holy shit

Forum Members and Their Books!?

So I'd like to recognize (and advertise) some of the contributors here who are authors and have books for sale on Amazon.

If you have a book on Amazon (or elsewhere) AND you have contributed here, please post a link to your book. Ultimately I'd like create a sidebar vignette where we can advertise them to the community.

Off hand, these are the folks who I know have books...

@Walter Hay @AndrewNC @JScott...

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from Forum Members and Their Books!?

[Car enthusiasts] What is your car, what are the mods you've done to it ?

I was wondering whether I should create this thread or a 1/4 mile traps thread.

I guess this one is a good intro, so post up your car(s) and mods done to it. Bonus points if you add some power/torque figures and even timeslips.


I'll start with my car:

2019 Kia Stinger GT Limited (AWD) 3.3TT
Stock: 365hp & 374ft/lb

Currently stock, but I've ordered a chip (BMS JB4 with fuel wires - ~60whp increase) and I'll change spark plugs to colder ones.
Might put some DIY Intakes (~25whp...

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from [Car enthusiasts] What is your car, what are the mods you've done to it ?

How to promote my vacation rental biz!

Hi-

So, as a side biz I bought two vacation homes and most recently a short term rental property, which I'm almost finished renovating and about to put on the market in a couple weeks!

One of my vacation homes is in Eden, UT. right next to a few ski resorts and in mountain biking/boating/hiking country! We're in the slow season now, so I'm trying to think of ways to market this particular home! My beach house is doing great and rented out non-stop, in fact I have a hard time trying to...

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from How to promote my vacation rental biz!

Any possibility to do ecom business with paypal that can't receive payment ?

I wan to start online store, I already have the prepared winning products, prepared the marketing strategy through Facebook and Google Ads, created the website, but unfortunately I figured out that I can't receive money to my paypal account (I can only send payments for purchases funded by my (confirmed) mastercard) because thhe option to receive paypal payments is sadly not available in my country (Tunisia).
Paypal varies a lot country to country and can only offer the services that the...

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from Any possibility to do ecom business with paypal that can't receive payment ?

What do you think of this excerpt?

https://imgur.com/JwOMLnP

from What do you think of this excerpt?

My journey: e-comm

Hey guys!
I would love to start sharing my journey through all the obstacles here. Im 23 old uni student (business and management at MUNI) from Czech rep. (middle Europe) who has always been really enthusiastic about his own ventures.

Long story short - me and my good friend with the same mindset (called Vit) started our first business when we were 19 in the first year of uni. It was a platform to connect younger students 15-18 yo (who have hard times finding a summer job etc. here) with...

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from My journey: e-comm

How many of you guys pay virtually nothing in taxes due to write offs?

I just filed my taxes and still feel robbed. They took 18% of my money and all they're doing is paying off the interest on their national debt. Doesn't help you or me any. I'm looking to be educated on how I can give big brother the big finger next year.

from How many of you guys pay virtually nothing in taxes due to write offs?

#2101 Surviving booms and busts

Today’s guests became minted on the internet in a time before Google. Beyond that he survived several crashes, sold and bought back his company and so much more. It’s a crazy story. We’ll find out how he did it. Jon Waterman is the founder of Ad.net which enables online advertisers to reach new audiences via their private network of top quality publishers and distribution channels.

Jon Waterman is the founder of Ad.net which enables online advertisers to reach new audiences via their private network of top quality publishers and distribution channels.

Sponsored by

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More interviews -> https://mixergy.com/moreint
Rate this interview -> https://mixergy.com/rateint

from #2101 Surviving booms and busts

Getting out of Ruts and doing what's important

Over the last few months I've been slowly building a cheat sheet for when I'm in a rut and to get me back on track. The worst thing about these ruts is that they tend to be compounding. I don't want to complete something so I play some video games or masturbate and take a nap. Next thing I know the day is over, my wife is home, and it's time for bed. Then next day I repeat. This can go on for WEEKS without me taking any REAL steps towards my Fastlane goals. To help fight this I'm...

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from Getting out of Ruts and doing what's important

Should we start with advertisers or publishers to create an ad platform?

Hello there,
I just finished creating my own advertising network to connect website owners looking to monetize their content with advertisers.
I just realized that there is a big problem (The classic Chicken or Egg) to create the effect of the network on my platform.
Should we start with the creation of the offer, that is to say the publisher sites who wish to monetize their content or by demand, the advertisers who want to buy traffic?
Before asking the question here, I looked for emails...

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from Should we start with advertisers or publishers to create an ad platform?

Creating my own product in eCommerce

Heya !

I posted almost 1 year ago about starting an ecom biz. Long story short, the first one failed, the 2nd one (dropshipping) is still running to that day without putting much effort into it. It generated some profit. I used ~$1500 personally and I keep what's left to invest later into new projects (into this one). Most of the profit has been eaten by an email marketing agency (lol)...

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from Creating my own product in eCommerce

Eight Dos and Don'ts for Writing a Winning About Us Page | Warrior Forum - The #1 Digital ...

A new article on Search Engine Journal says that writing an About Us page is more about the end-user than your organisation. Here are eight.

from Eight Dos and Don'ts for Writing a Winning About Us Page | Warrior Forum - The #1 Digital ...

Opening a business in Dubai. Any experience?

Hi all.
So as some of you know, Im a starting entrepreneur in the beauty business.
So yesterday, I got a very good proposition from a partner who wants to open an advanced beauty clinic in Dubai.
She is from Dubai herself and has had 2 businesses, so the Idea is that I stand for the machines and the training and she does the management, staff and precediour.
Because of the rules of Dubai, I need to find a sponsor that hold 51% if I dont want to open in a Free-zone, I dont want to that.

So...

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from Opening a business in Dubai. Any experience?

Formal Education is Overrated!(or not?)

This old article from Marketwatch says most billionaires are highly educated.

But according to Forbes:

the billionaires who have only high school degrees have come farther, for the most part, than their more highly educated counterparts.

Click to expand...

What do...

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from Formal Education is Overrated!(or not?)

Effective Copywriting - for free! (Mostly)

Yes, the title sounds unbelievable, but it's true, and it's simple.

One of my projects right now will involve advertising for clients. I've got the skills to write copy that sells, but I don't have a portfolio of work to showcase, and that's making it hard to sell my credibility.

So, if you want fresh ideas to help you sell your products and services, I'm offering to put together ads for you, for free!

My only request is that, if you like my ads and decide to use them, you give me credit...

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from Effective Copywriting - for free! (Mostly)

What are your thoughts on spending money on vacation?

I know the question is vague and it depends on each person. But I am wondering what your guys thoughts are on vacation. Me and my girlfriend love to travel, and we try to do so frugally while also enjoying our time. The reason that I ask this forum this question today is because we hve a trip planned soon for a few days, and while I love spending time going on a trip I keep thinking that my money would be better spent, that I should save my money etc. Does anybody have any advice when it...

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from What are your thoughts on spending money on vacation?

Building a brand.

Hi guys,

This is my progress thread for my ecommerce brand launching 2.04.2021
*I am not dropshipping.*

I started working on this at the beginning of February and most of it was done by the end of that month, so I’ve wasted a lot of time since then not knowing what else to do.
Leads are accumulating and anticipation is building but I’m not sure a 2 months prelaunch campaign has been the greatest idea.

Things I’ve done so far

• Built website...

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from Building a brand.

Learning How to Get Out of My Own Way: Growth, Stagnation, and Rebuilding Momentum

I've already talked about my background at length in other posts so I'll spare y'all of the redundancy. To sum up though, I started dabbling in freelancing when I was 20, became fully self-employed around 22-23, had a hell of a shitty year in 2018 when I was 26, and now finally at 29, I've been regaining my footing and starting to see consistent growth again for the first time in 2.5-3 years.

But what I wanted to talk about was how between 2018 and now, how everything for me fell apart and...

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from Learning How to Get Out of My Own Way: Growth, Stagnation, and Rebuilding Momentum

Let’s grow an ice cream business!

Hey everyone,

I touched on my business in my into page (INTRO - Gelato Entrepreneur), but I thought it might be interesting to give you a much more detailed overview of what I’m doing, primarily for my own benefit (both for self-accountability and advice-seeking), but also to hopefully help anyone considering a food business and talk about some of the pros and cons of this type of business...

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from Let’s grow an ice cream business!

The Story of our Service Business

I introduced myself a while ago, back then, I had not read TMF. However, what I expressed in that first post, or at least what inspired it, are basically the reasons the book gives to go on your own.

After years of thinking of starting my own business, in 2017 we left our jobs at a Fortune 500 company and decided to launch a service business.
Our main focus is home organization, as in Storage Cabinets, Shelving, Custom Closets, and such. We felt, and to a certain extend, still feel that it...

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from The Story of our Service Business

You don't need to hire a designer to make your landing page beautiful and trustworthy!

Hey guys,
I had made 4 secrets to designing any making landing page trustworthy and beautiful.

It can be used by any person doesn't matter he/she ever designed a single thing in their life or not.

Secret 1: Hierarchy is everything​

Secret 2: Choose your font pairing​

Secret 3: Choose colour wisely​

Secret 4: Add whitespace​

It's very hard to teach something which is visual so I also write an in-depth article...

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from You don't need to hire a designer to make your landing page beautiful and trustworthy!

Anyone want to be serious accountability partner?

I can be brash and harsh and work fast with fast feedback. Looking for someone with thick skin who can handle it and just want results in life. DM me if interested.

from Anyone want to be serious accountability partner?

How to make 400$ per week in India

What are the best ways to make 400$ or more in a week ???

from How to make 400$ per week in India

Progress Diary

I read all the books I could, I gained all the knowledge necessary, beaten all my addictions. I believe now is the time to take action, anything other than that is already procrastination. So this is a diary of my progress. I'm committing every morning 6am - 8am and 8pm - 10pm) on my entrepreneurial journey.

Current status : Idea stage
Money in the bank : 13000

from Progress Diary

New to the Forum. Thanks for having me!

Hello everyone!

I am new to the forum, but have been working towards "un-scription" since 2019. I came across The Millionaire Fastlane on a 2-for-1 sale on audible several months ago and finally read it last month. I have since read Unscripted a couple times and that lead me to this forum! I've attempted several business and in hindsight, all the failures have failed some part of CENTS. Here's my list of business attempts so far:

• Real Estate -- Still...

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from New to the Forum. Thanks for having me!

Is there any way to get on the fast track in China?

I am an intern about to enter the society. I have many ideas, but I lack of funds and contacts

from Is there any way to get on the fast track in China?

Are you an ENTP and wonder why you can't get things done when working for yourself?

Hello friends, are you an ENTP? Are you struggling with finishing things? Are you wondering why you can't seem to follow the monk-like discipline you crave so much?

This post is for you. (ps: This post may also apply to INTP, INFP, and ENFP, but it's not guaranteed. It has been primarily written for my fellow ENTP in mind.)

If you are a bit like me, and you probably are, you...

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from Are you an ENTP and wonder why you can't get things done when working for yourself?

How do Chinese college students earn the first pot of gold

I am a Chinese college student who is about to enter the society. At present, I am very confused and sometimes I have some ideas. But now I have no funds and I can't put my ideas into practice. Should I go to work first to accumulate experience.

from How do Chinese college students earn the first pot of gold

Looking for peers: absolute beasts in full stack software engineering

Having friends in the same entrepreneurial journey as you is absolutely amazing! However, my friends aren't into technology as much as I am.

Any tips on how to find wannabe absolute beasts in full stack software engineering or mentors who have already become that?

Tried Bumble BFF, MentorCruise, Clarity.fm, CodeMentor, LinkedIn - but no luck. Any tips?

from Looking for peers: absolute beasts in full stack software engineering

Web Design Agency - Ecommerce Brand Websites, CENTS Idea!

Hi Guys!

How's it going? My name is Zackery and I am 27 years old. I am new to the Fastlane Forum! @MJ DeMarco Thank you for accepting my request!

A little bit of background of me, I currently work in Information Technology and have been for the past 6 years. These days, it seems like I have hit a brick wall and I am experiencing burnout. I make decent pay for a living but would like to go Unscripted. (I have yet to read the book, but I am currently on the Millionaire...

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from Web Design Agency - Ecommerce Brand Websites, CENTS Idea!

Getting started at age 50+!

Hello everyone,

Nice to meet you all!
I just finished reading The Fastlane and am about to devour Unscripted.

I was brought up very much Slowlane-minded, and I found myself slipping between Sidewalk and Slowlane over the years. My many mistakes over the years led to my developing accountability and learn from my mistakes. So I'm on a path right now to offer whatever I can of value to the world with what I have, on a daily basis.

I read a book a week to keep myself educated, and am working...

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from Getting started at age 50+!

I got it!!

Can't even begin to say how excited I am to read this baby!



Thanks for putting in the time and effort @MJ DeMarco. You are incredible!

from I got it!!

Investigating a new franchise as a potential side hustle

I'm a fulltime student and would prefer to stay that way. But financially, I need an additional source of income. I can't get myself to invest 8-10 hours a day that I would be studying to a minimum wage job that would barely cover my wife's monthly health insurance per month. I've been brainstorming like a madman.

I came across a franchise opportunity that seems too good to be true and would like some ideas on how to determine their viability. For the most the concept seems to be compatible...

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from Investigating a new franchise as a potential side hustle

Pleased to meet ya

Hi,

I didn't know info like this existed. Thank you @MJ DeMarco for putting this group together. You've made history and are pathing the way for others to leave their mark as well.

About me:

I grew up in a religious extremist cult. I escaped when I was 17. I finished high school 3.8 GPA, but had hardly any life skills or awareness. I was in culture shock. I was trying to play catch up in a new culture I was unfamiliar with. I started...​

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from Pleased to meet ya

Need Help Honing My Business Focus (Written Content Production and Strategy)

As the title suggests, I feel like I'm stuck in a loop that I haven't been able to get out of on my own. The irony is that I'm awesome at helping other businesses and freelancers really hone in on what to focus on when it comes to their processes and marketing, but because I'm so familiar with my own business, it's been a bit of a struggle to see through all these weeds. Maybe someone out there can help me out but anyway, a little backstory:

I started freelancing when I was 20-22, first...

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from Need Help Honing My Business Focus (Written Content Production and Strategy)

My Path to Trading Business

I believe in trading in the stock market. So, I started my own trading business. I will be posting my progress and insights here.

I started in my "intro" but I will continue posting here.

Here is my Intro thread: INTRO - On the path

---------------------------------------------------------------------------------------------------------------------------------------------------------

► TRADING PLAN...

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from My Path to Trading Business

Progress Log: Investing for Passive Income

Hi, my name is Colton and I’m a dividend growth investor.

It’s been a long time since I posted on this forum and I’m starting this thread to create an additional layer of accountability for myself.

It would also be nice to provide some value to others on the forum, as well as engage in conversation with other people who are interested in passive income. I don’t discuss my investments with friends or family, so this is my chance to share this journey and show what I’m doing.

(I don’t know...

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from Progress Log: Investing for Passive Income

Challenge: Getting an initial audience before official launch; How to overcome it?

Say you made Instagram. Your first competitor is Facebook. How do you get the initial audience? If I were a new user and saw Instagram - I would not engage on the site unless it has a large of audience already (eg; private networking where you have a beta test and somehow gathered thousands of users) . Otherwise, what's the point of creating a social media account when no one uses it?

I believe a lot of startups come across this challenge. How did you guys overcome it?

from Challenge: Getting an initial audience before official launch; How to overcome it?

I introduce myself

Hello MJ and everybody else reading this. I am Max, a 14 year old italian boy. I have read the millionaire fastlane , and i love it! Without any doubt, it changed my mind about wealth and the sidewalk. I'm looking forward to talk with like minded people and learn from them. I am working on my own online business as a reseller to get some money for a high-ticket-sales-coaching. I'm happy to be here and to learn...

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from I introduce myself

1,000,000 Followers On Social Media: How I Am Doing It & How You Can Too

INC magazine called me a "Social Media Rockstar" for a reason. I know social media as good as the palm of my hand.

In one of my business ventures, I own Facebook and Instagram pages with a total following in the millions and have access to a network of tens of millions of followers across various niches and industries.

One...​

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from 1,000,000 Followers On Social Media: How I Am Doing It & How You Can Too

How to promote a SEO and IT company ?

Hello, community, I am new to this forum and I am happy to be part of you.

I have some businesses but recently, I want to open a new one and it is about SEO and IT services. Now my company provides some SEO services and IT services( create websites).

My question is how can I develop in the USA, Canada market? Which strategy can I use? Email marketing worths or not?

Moreover, I want to find a digital company with which I can make a partnership. Where I can find one?

I will be happy to...

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from How to promote a SEO and IT company ?

SEO for beginners

I just completed a course on UDEMY for SEO beginners and it has peaked my interest in that field. Are there any sources where I could go deeper in SEO,SEM, copywriting and digital marketing? Also, if I get better at these skills, is it beneficial to me as a freelancer or as a business? Would it land any jobs in the future? Just curious.

from SEO for beginners

How do I increase the income on a gaming blog I own?

Background;
I started a gaming blog in 2012. I, and a handful of other people would actively post content on it for the next 3 years. We did so because we had advertising deals with select gaming brands, that I was lucky enough to secure. Then the contracts ran out, and I was left with no choice but to implement Google Adsense. Google Adsense makes me around $1 per day, with around 60 - 100 visitors per day. The blog has over 1000 blog posts (reviews...

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from How do I increase the income on a gaming blog I own?

What would you tell your 18 or 25 year old self?

For you 25 yr old+ guys out there, if you could go back in time, and tell your 25 year old self something, what would you say?

from What would you tell your 18 or 25 year old self?

My First Foray Into Ecommerce

ENTRY 0.

So since we're at the eve of starting a new month, I figured now's a nice clean slate to begin keeping track of my progress into a new venture: ecommerce.

A bit of backstory: I'm a freelance writer with an emphasis on organic SEO. I've helped friends and clients either set up websites from scratch and helped write their content or just formulate SEO strategies for clients who already had a site that wasn't performing the way they would hope. The past...

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from My First Foray Into Ecommerce

Medical School vs Computer Science

Hi people. I'm currently creating a decision matrix about my college degree options and would appreciate it if you identify any points I missed or got wrong. My current situation as follows:

19yo Brazilian male
Last year, I enrolled in medical school at my local university and did a few weeks before I had the opportunity to study computer science at a great university 600 miles from home. Since the classes were online and the end of the pandemic seemed years away, I decided to do it and am...

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from Medical School vs Computer Science

Quitting my corporate 9 to 5 at age 23. I have a long way to go, but never been more excited

Hey all,
I’m a 23-year-old from a small town in MN. I read TMF about 3-4 years ago, and then unscripted not too much later. I’m currently working a stereotypical job as a software developer at a big insurance company—jeans on Friday, an ocean of cubicles, the annoying phone receptionist repeating the same greeting to customers like a broken record, praises to the weekend (“Hang in there, it’s almost Friday!”), elaborate paintings of the company chairmen, and a miserable (comfortable)...

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from Quitting my corporate 9 to 5 at age 23. I have a long way to go, but never been more excited

Figuring Out Twitter

Quick background:

• I've been on Twitter since 2011 but barely used it. When I did log in it was to half-heartedly post a quote I liked and it was invariably to tumbleweeds.
• Twitter recently acquired Revue as @MTF mentioned here (thanks @MTF).
• I like paid email newsletters as a business model...

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from Figuring Out Twitter

Figuring Out Paid email newsletters

I think subscriptions to email "newsletters" is an amazing first subscription business, or step for a budding subscription business.

For instance:

• One of my neighbours cycled in the Olympics
• He's a businessman now, selling bike gear to shops.
• He wants to create a subscription box or app for cyclists.
• I asked him to consider a free and a paid email newsletter.
• He's got tips and stories coming out of his ears.
• And what a great way to build up a following and...

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from Figuring Out Paid email newsletters

$10 million is needed to be top 1% in America

Saw this article confirming what @MJ DeMarco has been saying. $10 million is the new $1 million.

"According to Credit Suisse, the global number of millionaires expanded by 5.2 million to reach 56.1 million in 2020. That’s a 9.8% increase in the number of millionaires since the pandemic began.

As a result, an adult now needs more than $1 million to belong to the global top 1%...

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from $10 million is needed to be top 1% in America

#2100 Addressing customer gifting at scale

Today’s guest had an idea that I freaking love. It’s one thing to buy a meaningful gift for one person that you know really well, but how do you give gifts to hundreds of people and have that same affect? It seems like a problem that can’t really be solved with technology but Sara Rodell found a way to do exactly that. Sara is the founder of Loop and Tie, customer gifting platform builds long-lasting relationships – at scale.

Sara Rodell is the founder of Loop and Tie, customer gifting platform builds long-lasting relationships – at scale.

Sponsored by

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from #2100 Addressing customer gifting at scale

Plant-Based Opportunities / Vegan Business Opportunities

Imagine being one of the first people to build a following on Instagram or Snapchat before it became popular and saturated. While everyone else is trying to fight their way to the top, you area already have tens of millions of loyal followers who are more than willing to buy your products.

Wouldn't that be nice?

This is one of those opportunities...

The Opportunity

For the past 10 months, I've been immersing myself in a new market - and I've noticed a massive amount of...

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from Plant-Based Opportunities / Vegan Business Opportunities

Entrepreneurship promoted by the Script ?

Hello everyone,

Since a few weeks now, I see ads from almost every banks (in France) offering many advantages for entrepreneurs starting their business. As soon as I see an ad from a bank, it is somehow adressed to entrepreneurs.

I wanted to ask you if you also saw this kind of trend on other parts of the globe (or if other French noticed this as well).
Do you think that these ads are the cause (banks want to promote entrepreneurship) or the consequence (a lot of people already...

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from Entrepreneurship promoted by the Script ?

Coding

Hi guys
I have great idea to get to the fastlane but my only problem is my inability to create my own phone app which My idea are based on.i would paid so want to make it for me but I don't not have much and will like to learn the skill myself.all am trying to ask is that if anyone knows of any way to learn this skill at a low cost should please help me out .I already try YouTube but it is not going well.
Thank you in advance

from Coding

India - exporting and custom clearance question

I'm starting a business where I'll be acting as a middleman or what is apparently known as export agent. I'm new to this, but the idea is simple. I have already interested buyers in Europe and I have a shortlist of suppliers in India. I lived in India for long enough to understand how things work there(ie. I'll go there for every shipment), so I don't need any advice in that regard.

However the setup, in terms of involved parties, is a bit confusing when it comes to customs...

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from India - exporting and custom clearance question

How do i manufacture my automatic printer?

Looking to make/buy a printer for some niche print on demand items. Any ideas where to get custom machines for this?

from How do i manufacture my automatic printer?

Does anyone know how competitive the skin care market is?

I had a great idea for a product regarding skin care, of course like most ideas, I have no clue about the market. Anybody on here been in the industry and know a thing or two about it? Any feedback would be greatly appreciated! Thank you!

from Does anyone know how competitive the skin care market is?

YOU HAVE NO CHOICE

YOU HAVE NO CHOICE
​

What am I talking about? We like freedom round these parts. We choose what we want to do & when. No boss breathing down our necks. We always have options. We're not beholden to anyone.


Ah.

There it is though.

The first of the unfinished sentences we pretend is complete.


We're not beholden to anyone... else.


Once busyness & distractions & all the nonsense has stopped - even if it takes being laid up ill in bed to do it - we all eventually...

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from YOU HAVE NO CHOICE

I feel like a traitor because I want to start a similar business than my friend (but different approach and customers)

Hi, I've been feeling like this since I had the intention to start a business, and it's really holding me back.

When I started looking for a job as a fresh graduate I found this person who was helping people like me to get really good job opportunities in tech. This was the beginning of his coaching business, I accepted the program and I actually paid him $5k for his services. Long story short, I was one of his first clients so we became really good friends, plus I was able to land a job...

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from I feel like a traitor because I want to start a similar business than my friend (but different approach and customers)

Crypto - Bots - my Journey - (10% per month min.)

Crypto Currencies are high volatile, high risk investments.
You should only work with money that you can spare.
Do not work with lended money.
This is not a get-rich-quick-model - Its based on compound interest.
Start slow with small amounts, get experience, then take it from there. Be patient.
Main goal: a (relatively) stable income which grows steadily.

I am writing the following text from my memory, so its not a "live journal".
Beginning of September 2020:
I searched for...

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from Crypto - Bots - my Journey - (10% per month min.)

Hello.

Hi. My name is Michelle.
I read the millionaire fastlane recently.
I am going to apply it to my career and would like to share how it going through.
and I would also like to listen to others' fastlane experiences and opinions.

Nice to meet you.

from Hello.

Come and watch me make FU money: Over $100K/mo now.

I’m starting this thread to document my journey from “good money” (you can read my intro story here) to FU money.

I aim to do this in the next 5 years by getting my online salon supply business to the stage where it’s profiting 7 figures a year and then hopefully selling it for several million. I’ll then have enough money invested to live comfortably off interest...

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from Come and watch me make FU money: Over $100K/mo now.

Self Employment SUCKS

Hello Everyone, what I am referring to when I say self employment sucks is owning a small one or two person business where you are responsible to all the work performed.

This is NOT being in business, this is just a job you have created for yourself, and it sucks!

I do agree that in the beginning phases of your business you will have to do this type of work but my point is that you should look to hire people to replace yourself in these roles as soon as possible and work yourself in the...

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from Self Employment SUCKS

My introduction

Hello MJ and everybody else reading this. I am Konsta, a 16 year old finnish boy. I have read the millionaire fastlane, and its honestly the best book on entrepreneurship ever written (in my opinion)! I'm looking forward to talk with like minded entrepreneurs. I have now a sidehustle buying and selling mopeds, and im thinking about starting my own business within a few years, that follows the CENTS commandments.

from My introduction

Moved to Scottsdale, Growing a Web Design Firm

Hey everyone,

It's been about one year since I joined the forum and thanks to the great advice of some members of the community, I've been able to completely change my life and move in a better direction.

To keep it simple, I was working at an investment bank in NYC and absolutely hated my life / how I was treated.

This week I just moved into my apartment in Scottsdale after making the cross country drive solo. A few months back I started my web design business with the help of Fox's...

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from Moved to Scottsdale, Growing a Web Design Firm

Hello, just started approaching the fastlane

Hi Fastlaners,
I reached my f**k you moment and i'm considering running away from my corporate job in one of the big consultancy grinders...ehm firms!
I'm currently studying russian for pleasure and i'd like to start doing russian translations on sites like Upwork to earn some money while dropping out of work (man, already too many "Is"!).
I know it's not entrepreneurship, freelancing would just be something to boost my income mostly for pleasure and starting to breathe while i produce some...

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from Hello, just started approaching the fastlane