Are You Driving a Fastlane ... or Riding It?

PhxMJ · Aug 23rd, 2008, 10:42 AM

Also, as mentioned in the other thread, this exercise can highlight potential "Get Rich Quick" scams.

Happy · Aug 23rd, 2008, 11:39 AM

MJ - Your insight and analogies are amazing. I would be willing to bet your upcoming book will be a best seller. +++Speed

SaraK · Aug 24th, 2008, 11:31 AM

Yet another awesome post, thanks MJ!

I was thinking about this topic recently when someone asked me if I wanted to buy a Rich Dad franchise. I was like... Pay $35,000 to do something I am already doing only I lose all control to do things the way I want? I don't think so!

MrPink · Aug 26th, 2008, 05:28 PM

I am assuming that selling items on ebay would be riding along?

Great post.

Banthaman · Aug 26th, 2008, 06:17 PM

Just a thought, selling on ebay would be fine as long as thats not the main plan but quick revenue/cash to build your plan.

Great post MJ! a real thought provoker

PhxMJ · Aug 28th, 2008, 03:48 PM

Originally Posted by MrPink

I am assuming that selling items on ebay would be riding along?

Great post.

Yes ... Ebay is the driver, you are the passenger.

Originally Posted by Banthaman

Just a thought, selling on ebay would be fine as long as thats not the main plan but quick revenue/cash to build your plan.

Great post MJ! a real thought provoker

Correct. There is nothing wrong with making extra income, even if it isn't "Fastlane" -- I just wouldn't have this as the main plan.

MegaWai · Aug 30th, 2008, 06:06 AM

Thank you! Great post!

michaelscheuren · Sep 1st, 2008, 12:24 PM

would starting a website(s) selling products supplied by dropshippers be fastlane?? or would you consider that riding along because you are depending on the dropshipper/wholesaler?

PhxMJ · Sep 2nd, 2008, 04:32 PM

Originally Posted by michaelscheuren

would starting a website(s) selling products supplied by dropshippers be fastlane?? or would you consider that riding along because you are depending on the dropshipper/wholesaler?

In my opinion, no. The manufacturer of the product who is distributing to wholesalers/retails is the driver.

A simple way to determine the Fastlane of anything is to "follow the money" or the product to the top of the chain. Take it all the way to the top of the chain. The top typically represents the driver.

Of course there are exceptions which can be bypassed thru replication, duplication, and systems ... Walmart is a good example of this.

ryanpal · Sep 17th, 2008, 11:47 PM

mj, you mentioned you offered your own affiliate program. i wanted to keep this program inhouse instead of joining an affiliate network such as clickbank etc.

i've come across some interesting posts while searching for an affiliate open source solution. some of the forums suggested that it's better to go with a well known affiliate network so that you're taken serious.

if you don't mind sharing, what route did you take when offering your affiliate program?

thanks in advance.

PhxMJ · Sep 18th, 2008, 12:01 PM

I did it internally/in house. I did join an affiliate house years ago but most of those applicants were scammers/personal web pages/china sweat shops/ etc. I canceled that after a few months.

I had no problems being taken seriously, especially since we paid timely every single month, month after month - and offered good reporting.

ryanpal · Sep 18th, 2008, 02:09 PM

Originally Posted by PhxMJ

I did it internally/in house. I did join an affiliate house years ago but most of those applicants were scammers/personal web pages/china sweat shops/ etc. I canceled that after a few months.

I had no problems being taken seriously, especially since we paid timely every single month, month after month - and offered good reporting.

exactly what i thought! from my other thread i was trying to find out the right way to go about implementing. would you mind sharing a little more details about this affiliate program you provided? i'm debating outsourcing it to be created or just purchasing software to do it for me.

Aug 23rd, 2008, 10:42 AM	#21 (permalink)
PhxMJ Level: Vince from Shamwow Joined: Jul 2007 Locale: Phoenix, AZ Posts: 3,371 Thanks: 156 Thanked 259 Times in 138 Posts	Re: Are You Driving a Fastlane ... or Riding It? Also, as mentioned in the other thread, this exercise can highlight potential "Get Rich Quick" scams.

Aug 23rd, 2008, 11:39 AM	#22 (permalink)
Happy Level: (12) Chevrolet Joined: Aug 2008 Locale: St. Louis, MO - USA Posts: 52 Thanks: 21 Thanked 10 Times in 10 Posts	Re: Are You Driving a Fastlane ... or Riding It? MJ - Your insight and analogies are amazing. I would be willing to bet your upcoming book will be a best seller. +++Speed

Aug 24th, 2008, 11:31 AM	#23 (permalink)
SaraK Level: (11) Honda Joined: Apr 2008 Locale: Phoenix, Arizona Age: 31 Posts: 83 Thanks: 41 Thanked 8 Times in 8 Posts	Re: Are You Driving a Fastlane ... or Riding It? Yet another awesome post, thanks MJ! I was thinking about this topic recently when someone asked me if I wanted to buy a Rich Dad franchise. I was like... Pay $35,000 to do something I am already doing only I lose all control to do things the way I want? I don't think so! __________________ "No one would remember the Good Samaritan if he'd only had good intentions - he had money, too." --Margaret Thatcher

Aug 26th, 2008, 05:28 PM	#24 (permalink)
MrPink Level: (9) Cadillac Joined: Feb 2008 Locale: Toledo, OH Posts: 215 Thanks: 18 Thanked 10 Times in 9 Posts	Re: Are You Driving a Fastlane ... or Riding It? I am assuming that selling items on ebay would be riding along? Great post.

Aug 26th, 2008, 06:17 PM	#25 (permalink)
Banthaman Level: (9) Cadillac Joined: Apr 2008 Age: 28 Posts: 171 Thanks: 10 Thanked 13 Times in 10 Posts	Re: Are You Driving a Fastlane ... or Riding It? Just a thought, selling on ebay would be fine as long as thats not the main plan but quick revenue/cash to build your plan. Great post MJ! a real thought provoker __________________ "If I have seen further than others, it is by standing upon the shoulders of giants." - Sir Isaac Newton

Aug 30th, 2008, 06:06 AM	#27 (permalink)
MegaWai Level: (17) Yugo Joined: Aug 2008 Age: 24 Posts: 1 Thanks: 1 Thanked 0 Times in 0 Posts	Re: Are You Driving a Fastlane ... or Riding It? Thank you! Great post!

Sep 1st, 2008, 12:24 PM	#28 (permalink)
michaelscheuren Level: (13) Pontiac Joined: Apr 2008 Locale: Escanaba, Michigan Age: 37 Posts: 39 Thanks: 2 Thanked 5 Times in 4 Posts	Re: Are You Driving a Fastlane ... or Riding It? would starting a website(s) selling products supplied by dropshippers be fastlane?? or would you consider that riding along because you are depending on the dropshipper/wholesaler?

Sep 17th, 2008, 11:47 PM	#30 (permalink)
ryanpal Level: (8) Acura Joined: Jul 2007 Posts: 253 Thanks: 11 Thanked 4 Times in 4 Posts	Re: Are You Driving a Fastlane ... or Riding It? mj, you mentioned you offered your own affiliate program. i wanted to keep this program inhouse instead of joining an affiliate network such as clickbank etc. i've come across some interesting posts while searching for an affiliate open source solution. some of the forums suggested that it's better to go with a well known affiliate network so that you're taken serious. if you don't mind sharing, what route did you take when offering your affiliate program? thanks in advance. __________________ www.freelispendens.com www.reistop.com

Sep 18th, 2008, 12:01 PM	#31 (permalink)
PhxMJ Level: Vince from Shamwow Joined: Jul 2007 Locale: Phoenix, AZ Posts: 3,371 Thanks: 156 Thanked 259 Times in 138 Posts	Re: Are You Driving a Fastlane ... or Riding It? I did it internally/in house. I did join an affiliate house years ago but most of those applicants were scammers/personal web pages/china sweat shops/ etc. I canceled that after a few months. I had no problems being taken seriously, especially since we paid timely every single month, month after month - and offered good reporting.

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