Millionaire Entrepreneur Forum
Will Your Road to Wealth Devour 40 Years of Your Life?
Learn More
Ad
Search The Web!
Custom Search
Reply
 
LinkBack Thread Tools Display Modes
maximus20895
Status: Offline
Thanks: 34
Thanked 55 Times in 49 Posts
Status: (6) Mercedes
Joined: Mar 2009
Posts: 414
Expertise: Other
Locale: Knoxville,TN
My Mood:
maximus20895's Avatar
Reply With Quote
 
 

hmm I might try this. I need to find out what is good to buy and resale..

 
 
vr4playa
Status: Offline
Thanks: 292
Thanked 162 Times in 131 Posts
Status: (4) Ferrari
Joined: Apr 2008
Posts: 972
Expertise: Fastlane Student
Locale: Chicago
vr4playa's Avatar
Reply With Quote
 
 

Quote:
Originally Posted by fanocks2003 View Post
Been there, done that.

Why not up the ante a bit? Say, make $100,000 the next coming 30 days? That's a challenge. Both for young newcomers and old newcomers.
Now we're talkin!!! Man, if I could do that, I would quit my job- IMMEDIATELY and the move to AZ would take place before the weather got cold.

I think the reason that the 30DC refers to it as only $1 is because it wants to differentiate itself from the typical "Make $X in <30 days doing Y online" and let people know that success is a process and not an occurance. Although I'll say so myself, that I see the tools from the 30DC as a way to easily make 100's if not 1000's in that first 30 days if you follow what they're teaching and then the "slowlaner" in me takes over and thinks "but the 30DC only states a goal of $1, no way it's worth the time" and that's why I'm still stuck trading hours for dollars at my j-o-b

"Not trying is the only way not to succeed"
|--Facebook --|--Fastlaners of Chicagoland Facebook Group--|--Best Sports Cars
 
 
maximus20895
Status: Offline
Thanks: 34
Thanked 55 Times in 49 Posts
Status: (6) Mercedes
Joined: Mar 2009
Posts: 414
Expertise: Other
Locale: Knoxville,TN
My Mood:
maximus20895's Avatar
Reply With Quote
 
 

I am going on craigslist and finding alot of free stuff that I can just sell immediately after and some I can repaint etc. It is a bunch of random stuff. One of the problems I am having is that I do not have a truck or trailer to get the big items like a couch or desk..

 
 
jportz
Status: Offline
Thanks: 54
Thanked 23 Times in 15 Posts
Status: (12) Chevrolet
Joined: Oct 2008
Posts: 51
Expertise: Fastlane Student
Locale: Australia
Reply With Quote
 
 

Quote:
Originally Posted by fanocks2003 View Post
Been there, done that.

Why not up the ante a bit? Say, make $100,000 the next coming 30 days? That's a challenge. Both for young newcomers and old newcomers.
Definately a goal to aim for in the future!

I suppose this exercise was more aimed at the new members whom may have prompted the recent "tighten up the forum" thread.

To draw an analogy with web design: If you have never had experience in HTML - you'll run into trouble if your first project is trying to build the next ebay/web app (even with templates). When this happens we usually see posts like "can someone help me with using [template software]; it'll only take a minute".

I think, that like web design, there is a learning curve for 'generic business principles' which may explain why entrepreneur success stories usually start with a whole lot of failed business attempts.

In web design (and IMO in business) starting small provides less complexity with instantaneous results, which ultimately means you're less likely to get frustrated and give up if something you don't understand isn't working.
 
 
fanocks2003
Status: Offline
Thanks: 741
Thanked 402 Times in 261 Posts
Status: Banned
Joined: Mar 2008
Posts: 1,373
Expertise: Other
Locale: Sweden
My Mood:
Reply With Quote
 
 

Quote:
Originally Posted by jportz View Post
In web design (and IMO in business) starting small provides less complexity with instantaneous results, which ultimately means you're less likely to get frustrated and give up if something you don't understand isn't working.
The problem is: No Challenge. I could sell my old couch and get to $100 in 3 days.

Somewhere along the line it is more worth it to step up a little. Even if that may lead to failure. If you do, then at least you may have earned $1000 or even $10,000 during those same 30 days and you are better of for it. Money wise and knowledge wise.

There is a saying that goes something like "aim for the stars, land on the moon". Aim so high that you will not possibly accomplish it at all. The worst thing that can happen is that you become pretty well of anyhow. AND, and this is the best part, you will never be out of good things to do. You will always be occupied with something worth doing.
 
 
qwerety
Status: Offline
Thanks: 61
Thanked 22 Times in 17 Posts
Status: (10) Toyota
Joined: May 2008
Posts: 127
Expertise: Fastlane Student
Locale: Detroit, MI
My Mood:
qwerety's Avatar
Reply With Quote
 
 

Interesting idea to the thread starter.

About the comments on buying stuff off of craigslist fixing them up then selling them yourself the only reason I never wanted to do that is because most of what I would see listed would be junk and other times I would be afraid of false advertisements or straight up fakes and liars. I mean if you are selling something there isn't much of a risk, except you have random people coming to your place, but if you are trying to buy something it can be risky. Ebay may be better, but depending on the product the price on ebay may not be much lower than what you would end up selling it for.

I remember back when the xbox 360 first came out I was mad because I didn't have enough money to buy one. Not because I wanted one to play, but I wanted one to sell on ebay. First couple days the xbox 360 came out they were selling for 2 and 3 grand on ebay. Getting a electronic that just came out and is so wanted it may be hard to get is always good to sell on ebay. I wish I knew a connect who I could buy certain electronics in bulk and resale them online. I know someone from another forum who bought over 100 of these basic verizon flip phones and sold half of them so far for just above double of what he paid. I wouldn't sell on ebay either because of the fees attached with it and it wouldn't have much profit unless you were selling something big or nice. I hate it when they make it seem like you can make money off ebay, just selling stuff around the house of selling old clothes. Craigslist is better for selling little things like that and things like furniture where you wouldn't have to deal with the shipping thing.

I do not have much money, but 100 a week is a bit too low and I think some good advice on something like 100 a day may be better. It would be more challenging, and its something you could actually live on (at least I could), which 100 a week you couldn't really. A good way I could easily do (at least) 100 a week is moving lawns. I know of a good lawnmover that costs about 600 dollars. Charge 20 per lawn and find at least 10 lawns you can mow every 2 weeks. After you have made enough to pay off the mower that's 100 a week right there, just for moving 5 lawns a week. Same idea with a snowblower in the winter, if you live in a good snowy area that is.

About 100 a day I would say one of the biggest things to figure out is with whatever you end up doing, is the amount of work and time put into it worth only 100 a day. Even if you know a way to do it, I think you would fail in a way if it requires too much work or time and you could make more by doing less work doing another job.
 
 
neverfastenough
Status: Offline
Thanks: 13
Thanked 167 Times in 86 Posts
Status: (7) Lexus
Joined: Jul 2008
Posts: 303
Expertise: E-Business: Other
Locale: Ca
My Mood:
Reply With Quote
 
 

Quote:
Originally Posted by qwerety View Post

About 100 a day I would say one of the biggest things to figure out is with whatever you end up doing, is the amount of work and time put into it worth only 100 a day. Even if you know a way to do it, I think you would fail in a way if it requires too much work or time and you could make more by doing less work doing another job.
That may be. On the other hand, there are multiple advantages to building an internet business. 1) It is scalable. By that, I mean you can experience exponential growth WITHOUT the same increase in costs that you find anywhere else. Sure you can expand your lawnmowing business into a thriving company. But there will come a point in time, when there is no marginal value in expanding. And 2) Once one has a system in place, it can be entirely self-sufficient with little to no involvement by you. If i have a few different specialized e-commerce websites that have good SEO and I can make the same amount or more than you but only have to spend a few hours a week and not do something labor intensive like mowing lawns, then that will ALWAYS be my preference.
 
 
rcardin
Status: Offline
Thanks: 13
Thanked 79 Times in 64 Posts
Status: (6) Mercedes
Joined: Oct 2007
Posts: 506
Expertise: Fastlane Student
Locale: Arlington, TX
rcardin's Avatar
Reply With Quote
 
 

Quote:
Originally Posted by qwerety View Post
Interesting idea to the thread starter.


I do not have much money, but 100 a week is a bit too low and I think some good advice on something like 100 a day may be better. It would be more challenging, and its something you could actually live on (at least I could), which 100 a week you couldn't really. A good way I could easily do (at least) 100 a week is moving lawns. I know of a good lawnmover that costs about 600 dollars. Charge 20 per lawn and find at least 10 lawns you can mow every 2 weeks. After you have made enough to pay off the mower that's 100 a week right there, just for moving 5 lawns a week.
Been there done that. It paid for my living expenses while going to college. At one time I was up to 60 lawns a week averageing 25.00 a lawn. 1500.00 a week gross. I was mowing from 7:00 in the morning till at least 6 at night and had a high school kid helping me for 6.00 an hour. Minus expenses I would bring hom 600-700 a week. I did this towing a utility trailer behind my 280zx. Also used a ford escort and a 65 chevy truck. All vehicles bought for under a grand.

Now doing this by yourself would be easy. I guarantee that by knocking on doors of people with unkept lawns you could do 5 a day easily just driving around town. There is your 100 dollars a day. It's not hard to do.

Eventually I heeded the wisdom of "Work with your brain, not with your back" and finished my degree.

 
 
Niche
Status: Offline
Thanks: 0
Thanked 1 Time in 1 Post
Status: (14) Hyundai
Joined: Jul 2009
Posts: 17
Expertise: Fastlane Student
Locale:
Reply With Quote
 
 

Initially I thought the challenge was make $100 a day
$100 a week is not really a challenge at all. Even the most inexperienced affiliate marketer with some motivation can achieve that with a couple of websites
I suppose a hundred dollars a week is a start
 
 
qwerety
Status: Offline
Thanks: 61
Thanked 22 Times in 17 Posts
Status: (10) Toyota
Joined: May 2008
Posts: 127
Expertise: Fastlane Student
Locale: Detroit, MI
My Mood:
qwerety's Avatar
Reply With Quote
 
 

Quote:
Originally Posted by rcardin View Post
Eventually I heeded the wisdom of "Work with your brain, not with your back" and finished my degree.
Yeah, I think most of us here are on that path. Until about 3 months or so ago I was working with my back. 11-13hr days 7 days a week doing a physical job was not much fun.

Speaking of the affiliate marketing thing, I will research that a bit and see if I can get into that for a little bit of extra cash while I'm in between jobs.
 
 
Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
4 Hr Work Week: Can it be done? biophase Four Hour Work Week, by Tim Ferris 20 Sep 7th, 2009 04:47 AM
My Goal This Week Diane Kennedy Your Goals / Your Fastlane Plan 10 Jun 29th, 2009 09:53 AM
GM to cut 1,600 jobs this week Fastlane-News Economy & Finance News 0 Apr 20th, 2009 01:10 PM
Worst...Week...Ever!? Fastlane-News Economy & Finance News 0 Nov 17th, 2008 03:10 PM
$1,000,000 a WEEK (Dr. Ham) mtnman Business Building (E-Biz/Internet) 3 Sep 21st, 2008 05:10 PM


All times are GMT -5. The time now is 12:46 AM.
Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.2.0