How Have You Pivoted As an Entrepreneur in Your Business?

by Profit Traveler Banned
110 replies
Has anyone just outright stopped all together and done something totally different and new with their Business?

Alot of cool things are actually happening because of COVID.

This guy broke a world record!

https://www.yahoo.com/lifestyle/guy-...144800469.html


These are some examples of Company's that did Extreme Pivots...did you know AirBnB used to Sell Cereal at first?

https://medium.com/steveglaveski/an-...e-adfd049c99c0


https://www.businessinsider.com/tech...-amazon-2019-8


https://www.forbes.com/sites/jasonna.../#5912e9055797


I always have my "Entre Eyes" wide open and there are some serious opportunities presenting themselves.

And in various forms....for example...

I have seen several Marketers Step Up and separate themselves from the Pack to another level.

The Founder of Convertkit launched a "Creators" (Marketers and Publishers etc) Relief Fund and those that applied got cold hard cash to make ends meet.

Same with Anik Singal...launched an Emergency Relief Fund and started with his own Funds and also took Donations and dispersed Cold Cash to people that applied.


Also did you know there is a "Freelancers Union" and they even offer Insurance? They also created a Cash Relief Fund.

This will out last any PROMO, for Creating Brand Ambassadors spreading good will about your business, kinda exactly what I am doing right now.

I had another Internet Marketing Entrepreneur you may very well know send me an email that he was Gifting me the Special Price for his product of $97 because he was raising the price soon to $5000! What a kind soul.

But coming and going Marketing Entrepreneurs are giving and sharing and doing things they never would have thought of and it is creating some serious income streams that would not have happened other wise.

How about you?

What is the Before and After or should I say Before and Present of your Business/Plans and Marketing?
#covid pivot #marketing strategies #pivoted
  • Profile picture of the author myob
    I've begun pivoting big time starting about two months ago. We're doing online joint ventures with restaurants, auto dealerships, and other shuttered small businesses and their laid off employees. There is a massive and growing market to provide goods and services to the explosive growth of people working from home and home businesses.
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    • Profile picture of the author Odahh
      Originally Posted by myob View Post

      I've begun pivoting big time starting about two months ago. We're doing online joint ventures with restaurants, auto dealerships, and other shuttered small businesses and their laid off employees. There is a massive and growing market to provide goods and services to the explosive growth of people working from home and home businesses.
      You mean the people forced into doing this and either waiting to go back to work or trying to make money until they find a new job . so a totally different crowd than the entrepreneur ..

      it a market of 20-50 million people in the US alone .

      so the piviot is to a new type of business owner or home business person ..

      we are in a financial collapse shift and the future will be more people working for themselves or running small operation with little debt..because they cant get loans and leveraging digital tech to maintain customer connections and deliver good and take payment ..

      many people who learn to produce stuff will have to form miny cartels with other people who produce a range of thing .. to off the books trade .. to support their lifestyle and get aroun the op[pressive taxes on small businesses that will come with this bailout .. even though only about 500 billion went to small operations .. it will be producers on the hook expected to pay back the 6 trillions to bail out state and big businesses and multination corperatioins and other countries
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      • Profile picture of the author myob
        Originally Posted by Odahh View Post

        ... we are in a financial collapse shift and the future will be ...
        We are in yet another wave of economic revolutions that has thrust innovation forward since at least the Middle Ages. The Bubonic Plague was followed by the Renaissance.

        Just as in previous depressions, recessions, catastrophes, crisis, revolutions, world wars, etc., the indomitable human spirit prevails.

        The last pandemic in 1918 was far more tragic, but that jumpstarted medical advancement, research, and a massive health system unlike anything in history.

        Change is painful, and this one of course is especially tragic for all of us now. And indeed companies that once were considered "too big to fail" will go under, as will large numbers of small businesses and jobs.

        However, there are tinkerers working right now at home or in their garages designing and building prototypes of inventions that could be the next Apple or Amazon.

        Major industries are innovating or "pivoting" to adapt, and will thrive or even prosper in this new economic landscape.

        And there are literally tens of trillions of dollars in cash or reserves held by private investors to be unleashed in new businesses, technology, and products for emerging industries extending beyond even earth itself.

        So quit your whining.
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        • Profile picture of the author Profit Traveler
          Banned
          Originally Posted by myob View Post

          We are in yet another wave of economic revolutions that has thrust innovation forward since at least the Middle Ages. The Bubonic Plague was followed by the Renaissance.

          Just as in previous depressions, recessions, catastrophes, crisis, revolutions, world wars, etc., the indomitable human spirit prevails.

          The last pandemic in 1918 was far more tragic, but that jumpstarted medical advancement, research, and a massive health system unlike anything in history.

          Change is painful, and this one of course is especially tragic for all of us now. And indeed companies that once were considered "too big to fail" will go under, as will large numbers of small businesses and jobs.

          However, there are tinkerers working right now at home or in their garages designing and building prototypes of inventions that could be the next Apple or Amazon.

          Major industries are innovating or "pivoting" to adapt, and will thrive or even prosper in this new economic landscape.

          And there are literally tens of trillions of dollars in cash or reserves held by private investors to be unleashed in new businesses, technology, and products for emerging industries extending beyond even earth itself.

          So quit your whining.

          You are an infotainer I love it. I certainly can relate.


          There is no doubt many are having one of the best years ever seeing those little opportunities popping up.


          I guarantee you the "Preppers" are having increased Profits for one.

          Anything Video resources related.

          There are going to be some consequences and repercussions of so many people being cooped up with one another...

          Alcohol...supply and abuse.
          Sex Toys
          Embarrassing Niches
          Anger Management/Relationship Guides
          Home Beauty Kits Male and Female.
          Home Schooling
          Body weight Exercises
          Survival/dooms day preppers
          Astrology
          Entrepreneurship
          Gaming/Addictions
          How To
          Video Instruction at Home Crafts, Hobbies, Renovating, Repairing, on and on
          Stress
          Gift Box Businesses

          Is there virtual 3d sex yet? (and does it have an affiliate program?) Will search it later...research you know.

          Alot of things we can not control but seeing and seizing upon opportunities is a choice.
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          • Profile picture of the author myob
            Originally Posted by Profit Traveler View Post

            I guarantee you the "Preppers" are having increased Profits for one.
            You gotta love those guys. They keep popping up in every depression and recession at least over the last 80 years.

            Meanwhile, others are quietly aquiring assets at deep discounts, investing, planning, tinkering, building ...

            Historically, major downturns have been the incubators of millionaires. The last recession produced billionaires.
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        • Profile picture of the author Odahh
          [DELETED]
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          • Profile picture of the author myob
            Originally Posted by Odahh View Post

            I'm not whining
            There are two types of people in the world - whiners and problem solvers. I never see anything from you trying to solve problems.

            Originally Posted by Odahh View Post

            i don't really care about anything you put in your post as it has nothing to do with the post i put up .. great for a different post .. different thread ..
            What posts, what threads do you suggest?

            Originally Posted by Odahh View Post

            the reason there is a massive growth in people working from home or starting home businesses .. is because of the lockdown.. and because many industries and businesses have shut down for good..
            Perhaps the lockdown magnified weaknesses in many industry and business marketing models? A lot of businesses were not doing well before the lockdown.

            Originally Posted by Odahh View Post

            many of these people are not entrprenues ., the are desperatly trying to replace lost income and provide for themselves and their families .
            Many of these people are now learning to be entrepreneurs. More people than ever before are starting home businesses.

            Originally Posted by Odahh View Post

            the most opportunity for sustainable small businesses is making stuff and/or consumable goods ..the list is to long for here ..
            hese people will have far different needs .. than the future bill gates or steve jobs .. zuckerberg .. blah blah blah.
            That's called the entrepreneurial spirit.

            Originally Posted by Odahh View Post

            i know im trying to bring up an alien concept ..
            Agreed.

            Originally Posted by Odahh View Post

            that maybe .. these people will be fine building businesses that don't hit the 6 figure a year mark or scal or need ipos and investors ..or leadership shill .. blah blah they will get to where they , make enough to take out and pay for the things they need to buy with money ..and in the case of stuff they want from other people who make stuff ..they will find some way to trade what that make ..with others to get the things they want ..
            There is an ingrained spirit in the human psyche which may have been dulled for many in this generation by entitlements and handouts during the most expansive economic growth, prosperity, comforts, and leisure in history.

            Previous generations facing far more serious challenges have always learned to adapt, innovate, overcome, and exploit new opportunities. Perhaps the buzzword in these new "challenging" times is "pivot".

            Originally Posted by Odahh View Post

            to avoid the tax implications.
            By George, you've still got it! Starting a business is highly incentivized in the tax code to provide jobs. Having a home business can greatly reduce taxes through business deductions just like the big boys and girls.
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            • Profile picture of the author Odahh
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            • Profile picture of the author Odahh
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              • Profile picture of the author myob
                Originally Posted by Odahh View Post

                the word entrepreneur is way to loaded and really says nothing ..
                The entrepreneur is fundamental to our whole economy and way of life. Taking risks by anticipating needs and bringing good ideas to the markeplace has resulted in the global economic growth unseen at any time in history. Only through great risk can the great rewards come. Innovation and risk-taking is the very essence of the word "entrepreneur".

                Originally Posted by Odahh View Post

                yes they may learn to run a business from home . that may someday replace their income .they where making from a job ...but once 95 out of a hundred of these people get to the income level they want they will sustain it there .
                Of course. People have choices, perhaps even more choices and opportunities are available now than ever before. There is nothing wrong with being a worker, or for those who just want to have a job. But the real risk-takers, the "entrepreneur" with vision and purpose will be the ones providing those jobs.

                Originally Posted by Odahh View Post

                so the needs of them are far different than entrprenures who are trying to grow and sell a business for million ,.. or grow and take a business public ..
                Many people seem to have very little needs or ambition. They are quite happy sitting on their couch watching videos, Netflix, playing games, etc, while collecting their unemployment and "stimulus" checks. There always has been and will always be that segment of society.

                All of the largest companies even in the Fortune 100 were once just a dream by an entrepreneur or group of risk-takers. Fortunes are being made right now by entrepreneurs and companies marketing capital equipment to future dreamers and innovators as well as providing entertainment, games, and trinkets for the whiners and lazy asses.
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      • Profile picture of the author Profit Traveler
        Banned
        Originally Posted by Odahh View Post

        You mean the people forced into doing this and either waiting to go back to work or trying to make money until they find a new job . so a totally different crowd than the entrepreneur ..

        it a market of 20-50 million people in the US alone .

        so the piviot is to a new type of business owner or home business person ..

        we are in a financial collapse shift and the future will be more people working for themselves or running small operation with little debt..because they cant get loans and leveraging digital tech to maintain customer connections and deliver good and take payment ..

        many people who learn to produce stuff will have to form miny cartels with other people who produce a range of thing .. to off the books trade .. to support their lifestyle and get aroun the op[pressive taxes on small businesses that will come with this bailout .. even though only about 500 billion went to small operations .. it will be producers on the hook expected to pay back the 6 trillions to bail out state and big businesses and multination corperatioins and other countries

        Wow now that is seeing the big picture.

        There will be entrepreneurs who reel it in, focus on one problem that more than likely will be around for quite a while if not indefinitely and make themselves invaluable.
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    • Profile picture of the author Profit Traveler
      Banned
      Originally Posted by myob View Post

      I've begun pivoting big time starting about two months ago. We're doing online joint ventures with restaurants, auto dealerships, and other shuttered small businesses and their laid off employees. There is a massive and growing market to provide goods and services to the explosive growth of people working from home and home businesses.

      Thanks for sharing.

      That is how it is done. Online Joint Ventures with Brick and Mortar Businesses. Brilliant.
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  • Profile picture of the author Medon
    Plenty of things are happening I have decided to pass time learning some boxing skills. I have found myself with plenty of time and as somebody said , the devil is looking for idle minds. These minds are no longer in the universities now that lockdowns have introduced the practical aspects of the theories proposed by de-schoolers. So keep us posted.
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    • Profile picture of the author Profit Traveler
      Banned
      Originally Posted by Medon View Post

      Plenty of things are happening I have decided to pass time learning some boxing skills. I have found myself with plenty of time and as somebody said , the devil is looking for idle minds. These minds are no longer in the universities now that lockdowns have introduced the practical aspects of the theories proposed by de-schoolers. So keep us posted.

      That reminds me when I was watching alot of Krav Maga, and street fight defense videos and watching guys taking guns away from the attacker....I do not even want to imagine it really happening in real life.
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  • Profile picture of the author George Flm
    People are dying, getting fired and losing hope.
    Not exactly an ideal combo for a promising economy.

    Not economically viable.

    But there's light at the end of the tunnel. Warriors never throw in the towel.
    Signature

    George Troy Marketing on Youtube

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    • Profile picture of the author Profit Traveler
      Banned
      Originally Posted by George Flm View Post

      People are dying, getting fired and losing hope.
      Not exactly an ideal combo for a promising economy.

      Not economically viable.

      But there's light at the end of the tunnel. Warriors never throw in the towel.

      You know my friend long before COVID I used to be mesmerized by the videos of the selfy generation climbing skyscrapers or tipping off mountain tops and accidentally falling to their deaths....and recording it!

      We have to be thankful for every precious gift of time we have and I do not want to make light of the seriousness but...

      You remember the Clint Eastwood movie where he rides into a town with 2 deadly rival gangs that are just picking each other apart every day and he sees OPPORTUNITY.

      Then there is a scene when he is inside the saloon and the back door swings open and its the Coffin Maker with a toothless grin on his face banging away making coffins and sizing Clint Eastwood up measurement wise with his eyes..
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  • Profile picture of the author Profit Traveler
    Banned
    2 mins into peeking at the news I see an opportunity....

    Skin care for wearing Face Masks every day.

    Forget the Doom and Gloom.

    Bask in the entrepreneurial sunshine.

    https://www.yahoo.com/lifestyle/skin...165718128.html
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    • Profile picture of the author myob
      Originally Posted by Profit Traveler View Post

      Forget the Doom and Gloom.

      Bask in the entrepreneurial sunshine.
      Well, not quite. We are most likely headed into the worst financial crisis since the Great Depression. It will be tough, and I am not at all overlooking the massive personal tragedies and suffering worldwide on an unprecedented scale.

      The heroes of our day are the medical professionals risking their lives to save others in this global war against an enemy we don't yet even understand. We have no weapons to defend ourselves.

      Our main defense right now is mostly social distancing just to buy more time until effective counter measures can be developed - at an enormous economic and social cost before time runs out.

      But yet again, as the time clock is ticking, our industrial might and inner resolve has been mobilized at levels unheard of since the dark days of WWII and the awe-inspiring accomplishment of landing men on the moon.

      It is quite possible that there may not be full economic recovery until 2022 or even later according to some economists. Many companies and whole industries may disappear.

      There is a bright side, however. We will get through this. We always have. Every economic downturn in history since the Great Depression has produced great inventions, innovations, new industries, and unprecedented wealth in its wake. Opportunity awaits even now.
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      • Profile picture of the author Odahh
        Originally Posted by myob View Post

        Well, not quite. We are most likely headed into the worst financial crisis since the Great Depression. It will be tough, and I am not at all overlooking the massive personal tragedies and suffering worldwide on an unprecedented scale.


        Our main defense right now is mostly social distancing just to buy more time until effective counter measures can be developed - at an enormous economic and social cost before time runs out.


        It is quite possible that there may not be full economic recovery until 2022 or even later according to some economists. Many companies and whole industries may disappear.

        .
        I read this and i gave up .. many people are locked down right now .. stuck working at home .. or trying to start businesses because .. their jobs and industries are probably already gone .. and they have no choice right now but to find some way to make money from home .

        for those who successfully find a business that replaces their income ..a majority of those will stop at that level where they have the level of income they want .

        mayby a few ten thousand will be actuall entreprenure who grow bigger businesses
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        • Profile picture of the author Profit Traveler
          Banned
          Originally Posted by Odahh View Post

          I read this and i gave up .. many people are locked down right now .. stuck working at home .. or trying to start businesses because .. their jobs and industries are probably already gone .. and they have no choice right now but to find some way to make money from home .

          for those who successfully find a business that replaces their income ..a majority of those will stop at that level where they have the level of income they want .

          mayby a few ten thousand will be actuall entreprenure who grow bigger businesses



          Hey Odahh my long time "Mind "Warrior" friend.

          Actually what you say can not be denied as a general point of view..but I do anyway. Or else why get out of bed?

          The way I see it, using your calculations, I can help 10,000+ People become Entrepreneurs.
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          • Profile picture of the author Odahh
            Originally Posted by Profit Traveler View Post

            Hey Odahh my long time "Mind "Warrior" friend.

            Actually what you say can not be denied as a general point of view..but I do anyway. Or else why get out of bed?

            The way I see it, using your calculations, I can help 10,000+ People become Entrepreneurs.
            well thats an easy goal if all it takes to be an entrepreneur is to start a business ..

            ohh so the term entrepreneur is basically the ultimate in participation trophies ..
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      • Profile picture of the author Profit Traveler
        Banned
        Originally Posted by myob View Post

        Well, not quite. We are most likely headed into the worst financial crisis since the Great Depression. It will be tough, and I am not at all overlooking the massive personal tragedies and suffering worldwide on an unprecedented scale.

        The heroes of our day are the medical professionals risking their lives to save others in this global war against an enemy we don't yet even understand. We have no weapons to defend ourselves.

        Our main defense right now is mostly social distancing just to buy more time until effective counter measures can be developed - at an enormous economic and social cost before time runs out.

        But yet again, as the time clock is ticking, our industrial might and inner resolve has been mobilized at levels unheard of since the dark days of WWII and the awe-inspiring accomplishment of landing men on the moon.

        It is quite possible that there may not be full economic recovery until 2022 or even later according to some economists. Many companies and whole industries may disappear.

        There is a bright side, however. We will get through this. We always have. Every economic downturn in history since the Great Depression has produced great inventions, innovations, new industries, and unprecedented wealth in its wake. Opportunity awaits even now.
        That is definitely Macro thinking but one thing the last 4 years has taught me is not to focus too passionately on the the stuff I can not control. It just drives you crazy.

        More about how I can be of service and if I somehow get rewarded for it no complaints here.

        Really the fact that rich people are getting richer in this Pandemic motivates the hell out of me to prosper as well.

        https://www.gq.com/story/rich-people...virus-pandemic
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  • If you've been doing online marketing correctly in the past, then there's no need to pivot. Possibly just ramp up your marketing efforts, to target the booming market of home business startups who have surplus cash.

    Offline businesses however, are forced to pivot in this pandemic, but I see seasoned marketers are marketing to and joint vernturing with those offline business owners, to help them transition to an online business.
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    • Profile picture of the author Profit Traveler
      Banned
      Originally Posted by Internet Trillionaire View Post

      If you've been doing online marketing correctly in the past, then there's no need to pivot. Possibly just ramp up your marketing efforts, to target the booming market of home business startups who have surplus cash.

      Offline businesses however, are forced to pivot in this pandemic, but I see seasoned marketers are marketing to and joint vernturing with those offline business owners, to help them transition to an online business.

      Hey I.T. thanks for stopping by.

      I see in your sig that you are on Kindle/Amazon....and Jeff "Mo Money" Bezos certainly Pivoted online. Against his affiliates.
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  • Profile picture of the author sogeshirts
    I am doing even more email marketing and list building than before. People stuck at home want to learn how to make money online. So many people out of work and the threat of automation looming.

    Been also learning karate, doing lots of push ups and sit ups and lots of exercise bike.
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    • Profile picture of the author Profit Traveler
      Banned
      Originally Posted by sogeshirts View Post

      I am doing even more email marketing and list building than before. People stuck at home want to learn how to make money online. So many people out of work and the threat of automation looming.

      Been also learning karate, doing lots of push ups and sit ups and lots of exercise bike.

      Yes I am lifting the furniture anything now but the first 3 weeks I was still very cut up in great shape then you just wake up one morning and say sonava! Back to bootcamp which is not easy when the internet is so close by.

      Carlsbad is beautiful place to be isolated. Was downtown San Diego for a while.
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      • Profile picture of the author Odahh
        Originally Posted by Profit Traveler View Post

        Yes I am lifting the furniture anything now but the first 3 weeks I was still very cut up in great shape then you just wake up one morning and say sonava! Back to bootcamp which is not easy when the internet is so close by.

        Carlsbad is beautiful place to be isolated. Was downtown San Diego for a while.
        yeah talk about a pivot .. i was in florida in febuaryhad been there sence auges came up to massachusetts in march then everything shut down .. and it has been raining and cold every other day here .. along with this being one of the hardest hist states ..

        i went from walking three miles a day every could days .. and being outside most of the day to beign cooped up inside .. with a supply of beer ...

        my condition has gone all out the window .. and after a year of holding my weight at a certain point and having it go down again.. i have tacked on 8 pounds .. and i can barly use my right hand some days the pain gets so bad ..

        im haveing declines in my health after 3 to 4 years of slow improvement . stuck in an area of a few hundred spuare feet is ..taking its toll ..
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        • Profile picture of the author Profit Traveler
          Banned
          Originally Posted by Odahh View Post

          yeah talk about a pivot .. i was in florida in febuaryhad been there sence auges came up to massachusetts in march then everything shut down .. and it has been raining and cold every other day here .. along with this being one of the hardest hist states ..

          i went from walking three miles a day every could days .. and being outside most of the day to beign cooped up inside .. with a supply of beer ...

          my condition has gone all out the window .. and after a year of holding my weight at a certain point and having it go down again.. i have tacked on 8 pounds .. and i can barly use my right hand some days the pain gets so bad ..

          im haveing declines in my health after 3 to 4 years of slow improvement . stuck in an area of a few hundred spuare feet is ..taking its toll ..

          I had to smile because that explains some of those realistic but "sunshine less" shares.

          That really is a bummer when isolation is having very real physical consequences.

          You contribute so much in Mind Warriors section over the years you probably could easily create a successful website/community on how to deal with these unique times we are living in.
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          • Profile picture of the author Odahh
            Originally Posted by Profit Traveler View Post

            I had to smile because that explains some of those realistic but "sunshine less" shares.

            That really is a bummer when isolation is having very real physical consequences.

            You contribute so much in Mind Warriors section over the years you probably could easily create a successful website/community on how to deal with these unique times we are living in.
            When it becomes easier to move around I might move back to arizona..im starting to think a lot of the pain i am feeling is arthritis ..and i spent 6 months in florid before coming back up herr and it didn't realy help with the pain..and mental health and my energy level where like choppy seas ..

            the dream was living in the tropics guess the reality for me will be the dessert haha .

            I will figure out how to set up a couple small business that i have wanted to start for a while ..but needed to figure out where to settle down and why ..make money april though december and have a three month vacation in a tropical country over january febuary march
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            • Profile picture of the author Profit Traveler
              Banned
              Originally Posted by Odahh View Post

              When it becomes easier to move around I might move back to arizona..im starting to think a lot of the pain i am feeling is arthritis ..and i spent 6 months in florid before coming back up herr and it didn't realy help with the pain..and mental health and my energy level where like choppy seas ..

              the dream was living in the tropics guess the reality for me will be the dessert haha .

              I will figure out how to set up a couple small business that i have wanted to start for a while ..but needed to figure out where to settle down and why ..make money april though december and have a three month vacation in a tropical country over january febuary march

              Yea that is exactly the bug that bit me several years ago to make the "Vacation" Location the main address. The Digital Nomad life does present it's own challenges as many would agree the current environment being a prime example.

              We can live on a island but never put your business on one.....I learned the hard way.

              I am in shock to see other Countries with so much less doing so much more on COVID.

              Entrepreneurs are showing what they are made of I think we will come out better and stronger.
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              • Profile picture of the author Odahh
                Originally Posted by Profit Traveler View Post

                Yea that is exactly the bug that bit me several years ago to make the "Vacation" Location the main address. The Digital Nomad life does present it's own challenges as many would agree the current environment being a prime example.

                We can live on a island but never put your business on one.....I learned the hard way.

                I am in shock to see other Countries with so much less doing so much more on COVID.

                Entrepreneurs are showing what they are made of I think we will come out better and stronger.
                i have no interest in being a risk taking entrepreneur..out to grow a large multi billion dollar company to sell or take public ..i want a business my future wife and i can run..and can possibly provide an income fore the next 40 years ..

                generally i'm looking at a combination of gortme mushrooms ,microgreens a good sized market garden..and worm farming/composting ..

                i study people making a living doing this and how they use the net to market and distribute their produce .

                I need to set up a business to do these things legally.. that will make me a business owner.
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                • Profile picture of the author Profit Traveler
                  Banned
                  Originally Posted by Odahh View Post

                  i have no interest in being a risk taking entrepreneur..out to grow a large multi billion dollar company to sell or take public ..i want a business my future wife and i can run..and can possibly provide an income fore the next 40 years ..

                  generally i'm looking at a combination of gortme mushrooms ,microgreens a good sized market garden..and worm farming/composting ..

                  i study people making a living doing this and how they use the net to market and distribute their produce .

                  I need to set up a business to do these things legally.. that will make me a business owner.

                  That sounds like alot of variables my friend but I like it.

                  But I do not want to get involved with anything that does not pay me in my sleep as much as I can.

                  I can not see your post count as I am typing this but imagine if you put together a resource that you researched in a couple days that would help some folks online.

                  You make it once and sell it over and over even while you sleep or body aching...No Fertilizer.
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                  • Profile picture of the author Odahh
                    Originally Posted by Profit Traveler View Post

                    That sounds like alot of variables my friend but I like it.

                    But I do not want to get involved with anything that does not pay me in my sleep as much as I can.

                    I can not see your post count as I am typing this but imagine if you put together a resource that you researched in a couple days that would help some folks online.

                    You make it once and sell it over and over even while you sleep or body aching...No Fertilizer.
                    i saw that definition of entrepreneur as someone who builds a business that makes money when they sleep first defined by seth godin like 3-4 years ago maybe more ..which in those business the entrepreneur builds system so others can get the work done and not rely on them ..

                    but there are a lot of business models that do not support that they are built around the owner doing much of the work.getting their hands dirty producing stuff. that why they start the business to begin with ..
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                    • Profile picture of the author myob
                      Originally Posted by Odahh View Post

                      but there are a lot of business models that do not support that they are built around the owner doing much of the work.getting their hands dirty producing stuff. that why they start the business to begin with ..
                      There's nothing wrong with being a solopreneur, or one-person company. There are at least 20 million in the US who may work as independent contractors, writers, consultants, real estate agents, or freelancers for larger businesses.
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                      • Profile picture of the author Odahh
                        Originally Posted by myob View Post

                        There's nothing wrong with being a solopreneur, or one-person company. There are at least 20 million in the US who may work as independent contractors, writers, consultants, real estate agents, or freelancers for larger businesses.
                        and then there are a long list of businesses built around craftspeople making stuf and selling it directly to the consumers .. with business models where they dont usally make the thing until the customer order it and puts down a deposit . avoiding middle men and taking advantage of platforms like you tube,craigs list facebook marketplace .
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                    • Profile picture of the author savidge4
                      Originally Posted by Odahh View Post

                      i saw that definition of entrepreneur as someone who builds a business that makes money when they sleep first defined by seth godin like 3-4 years ago maybe more ..which in those business the entrepreneur builds system so others can get the work done and not rely on them ..
                      I get the definition... but there comes a point were "entrepreneurs" are no longer. Bezo's I would not consider at this point an "entrepreneur" Ben and Jerry's ice cream - a gas station and $12k all in, making ice cream.. at that point Yes, are they entrepreneurs Today? not so much.

                      I think somewhere in the middle is a tipping point of scale. Most definitions of "entrepreneur" include the term "risk" ( and reward ) and in the case of the 2 examples ( Amazon and Ben and Jerry's ) the risk is no longer. Tesla on the other hand... depending on the day can be hanging on a thread and selling his personal possessions or have the potential to be the one of the absolute greats in American business.

                      Having a day job and partaking in a side hussle.. in my book does not make for an "entrepreneur" But quitting the day job and going all in on the side hustle "risk" enters the equation.

                      In todays world "Entrepreneur" is a buzz word... kinda there are 2 kinds of people in the world.. those that are and those that want to be entrepreneurs.

                      I personally... do not consider myself an entrepreneur. I am a business man. I own more than a few business' does it make me a serial entrepreneur? I just don't think it does. Im in no way breaking new ground as it were... no innovation. I replicate pre existing business models and slap my brand on it - its business. Sure, up front there is financial risk... but its not unknown risk.

                      Facebook for its time was unseen risk. Shopify for its time ( 2004 - 16 years ago ) was a risk that took more than a few years to get where they are at today. ( Woocommerce 2011 - is only 9 yrs old )

                      Opening an agency that develops for either Shopify or WooCommerce? I would call those business' long before calling them entrepreneurial ventures - just no risk

                      that's my opinion anyways
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                      Success is an ACT not an idea
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                      • Profile picture of the author Odahh
                        Originally Posted by savidge4 View Post


                        I personally... do not consider myself an entrepreneur. I am a business man. I own more than a few business' does it make me a serial entrepreneur? I just don't think it does. Im in no way breaking new ground as it were... no innovation. I replicate pre existing business models and slap my brand on it - its business. Sure, up front there is financial risk... but its not unknown risk
                        thank you

                        you have started buinesses .. many .. and do not consider yourself an entrepreneur .

                        my argument 95 percent of people who will start businesses going forward ..will not be entrepreneurs ..they will be people trying to start and run business that replace income form a job .

                        and the romanyisized bullcrap about entrepreneurialism..will probably mean they end up homeless ,divorced and their children starving .. in foster care getting sexually abused .

                        verse real advise on running a business .that makes enough profit to provide tha life standard you want to live at.



                        .
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  • Profile picture of the author IGotMine
    I had another Internet Marketing Entrepreneur you may very well know send me an email that he was Gifting me the Special Price for his product of $97 because he was raising the price soon to $5000! What a kind soul.
    I laughed so hard when I read that I nearly fell off my chair.

    I've got some ocean-front property in Arizona I'll sell you cheap...I'll even through in the Golden Gate bridge as a free bonus!

    That's just the super-nice guy I am!
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    • Profile picture of the author Profit Traveler
      Banned
      Originally Posted by IGotMine View Post

      I laughed so hard when I read that I nearly fell off my chair.

      I've got some ocean-front property in Arizona I'll sell you cheap...I'll even through in the Golden Gate bridge as a free bonus!

      That's just the super-nice guy I am!

      Yep, Marketer on Marketer comedy!

      Free but just pay for shipping.

      I read one yesterday that said Free but please help pay for Hosting.
      Must be a hell of a Hosting Package that needs its own Crowdfunding.
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  • Profile picture of the author Zaineb Hanif
    hello I'm really amazed by you stories that people have generated a new income stream. I really need your help right, I have join a multilevel market last year but when this covid thing happens, everything is frozen.no income, very hard to invite or find a new prospect to talk to. how can I use this online marketing tools to talk to many people.
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    • Profile picture of the author myob
      Originally Posted by Zaineb Hanif View Post

      hello I'm really amazed by you stories that people have generated a new income stream. I really need your help right, I have join a multilevel market last year but when this covid thing happens, everything is frozen.no income, very hard to invite or find a new prospect to talk to. how can I use this online marketing tools to talk to many people.
      Your first step should be to reach out to your upline. In most mature MLM companies there are people who have developed automated systems to drive massive quantities of leads through social media, videos, offline advertising, etc. Especially in economic downturns, people are more receptive than ever for additional sources of income.
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    • Profile picture of the author Profit Traveler
      Banned
      Originally Posted by Zaineb Hanif View Post

      hello I'm really amazed by you stories that people have generated a new income stream. I really need your help right, I have join a multilevel market last year but when this covid thing happens, everything is frozen.no income, very hard to invite or find a new prospect to talk to. how can I use this online marketing tools to talk to many people.

      Hello my friend. Even though the bottom could fall out of a MLM at any minute it does provide structure that alot of newbies gravitate to.

      But you will be an affiliate so why not just approach affiliate marketing in all your training.

      Do you use a product personally online? You can promote it if they have an affiliate program.

      Have you read an instructional eBook that helped you alot? You could possibly promote it.

      Most often when we have a problem or challenge others have the same so if you can create a resource even a resource of helpful resources that would provide some value to people looking for solutions you could give it away free and get their email address to share other tools and resources with them that could pay you commissions.

      Take a moment and do an inventory of your strengths, weakness where you need more knowledge and your comfort zone with certain platforms, budget, long term strategy etc then begin creating your path.

      I am sure this place can help you along every step of the way.

      If something is not working out make the pivot to something better.

      Put yourself in the shoes of a person today...what are their pressing needs how could you help them?
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  • Gotta figure always how there is a diffrence between spinnin' in the breeze on the enda a skewer an' pirouettin' real dinky sweet in your noo booties.

    That is my ansa.
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    Lightin' fuses is for blowin' stuff togethah.

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    • Profile picture of the author Profit Traveler
      Banned
      Originally Posted by Princess Balestra View Post

      Gotta figure always how there is a diffrence between spinnin' in the breeze on the enda a skewer an' pirouettin' real dinky sweet in your noo booties.

      That is my ansa.

      I think I fully understood that one..did not even bother with my Google Translate app!
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  • Profile picture of the author Profit Traveler
    Banned
    Great comments above! There is something in every single one to agree with.

    There is a guy that flew to Philippines and created an outsourcing company and outsourced himself from the business so it ran without him being there to this day.

    That is a smart entrepreneur in my opinion.

    Over at one of my other fav forums they talk about Fastlanes and Slow lanes and Lambos/Lamborghini's. But not so much Internet Marketing skills. Even though at the core the Founder over there who put those ideologies in their heads began and is still succeeding with the Internet.

    But I love to read a post where someone legitimately sold their Financial Blog for 6 Million Dollars online.

    There is online education in every online success story.


    I like to always use "Internet Marketing Entrepreneurs" because I only mention it online anyway so that will always be my focus.
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  • Profile picture of the author myob
    Well, let's see now. Over half of what are now the Fortune 500 companies were started by an entrepreneur during the depression or subsequent deep recessions.

    It happened again in 2008 as millionaires and more billionaire entrepreneurs emerged in companies that saw skyrocketing stock prices.

    We're on the way again through this economic crisis with emerging technologies coming into play. Entrepreneurs are right now revolutionizing medicine, energy, travel, communications, infrastructure engineering, aerospace, astronomy, and space exploration, commercialization, industrialization, etc.

    The entrepreneurial spirit is quite active and pivoting very well.
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    • Profile picture of the author Odahh
      [DELETED]
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      • Profile picture of the author myob
        Originally Posted by Odahh View Post

        you keep going down that road
        Only because I know that road very well, having been down that road many times. I made a fortune by agile marketing and investing during downturns and recessions. This time around is no different except in unprecedented severity and scale.

        Originally Posted by Odahh View Post

        i am saying there will be tens of millions of people starting small businesses to replace the incomes they have lost in this crisis
        And 90-95% of those "businesses" will fail because displaced employees have no idea how to run a business. The next few years will be an extremely rough period for most people because they are totally unprepared and have been pampered by the longest period of prosperity and comfort in recent history.

        Originally Posted by Odahh View Post

        and the winning entrepreneurs wont be the gold miners
        The winning entrepreneurs will be, as always, the ones exploiting mother lodes in new technology, new industries, and now the new frontiers beyond Earth.

        Originally Posted by Odahh View Post

        but the people who sell them the tools and goods they need
        Being the lowest bidder of tools and other supplies will become a race to the bottom. And many of those types of old-school merchants, suppliers, and peddlers are getting wiped out now at this very moment.

        Originally Posted by Odahh View Post

        what problems are these people now running into trying to start a business or work from home ..
        Sadly, most of them won't make it, and they will gladly take an easy job working for an entrepreneur. The transition from having a worker mindset to that of a business owner is an abysmal leap.

        Workers generally will do the least amount of effort to keep from getting fired, as compared to entrepreneurs who put in long hours and often sacrifice for years before their vision becomes reality.
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  • Profile picture of the author Medon
    Indeed, great things are happening thanks to the COVID-19 thing. My inlaw who was always critical of online gigs found himself jobless after a lockdown. he ran to me for some IM skill within a week he made his first$100. He has confided in me that he will resign as soon as the Covid thing is over.
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    • Profile picture of the author Profit Traveler
      Banned
      Originally Posted by Medon View Post

      Indeed, great things are happening thanks to the COVID-19 thing. My inlaw who was always critical of online gigs found himself jobless after a lockdown. he ran to me for some IM skill within a week he made his first$100. He has confided in me that he will resign as soon as the Covid thing is over.

      That is powerful stuff.


      Nothing wrong with owning a factory making widgets but that comment of yours is the reason I get out of bed in the morning. To hopefully change a life for better. Then they also get the chance to do the same for someone else with their story.

      It is also a Testimonial.

      Case Study.

      And great content for blog, video, social.
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  • Profile picture of the author max5ty
    Thank you for your post...it's an interesting subject...

    First though, AirBnB didn't start by selling cereal. They sold special boxes of cereal to raise funding for their venture.

    https://medium.com/@jasper_ribbers/t...y-244aeec18bc8

    Before the pandemic, I had written a couple times before about businesses needing to change directions.

    It's a necessity to know when to change, and it's also important to know when to stay the course.

    Way back in the stone age when I started...I'd spend months and months putting together a plan. Agonize over my website. Write and rewrite the content. Search the internet for ideas. Then search some more. Then think about my whole plan again for the 187th time. Change it all. Start over...

    then I'd launch and find out nobody gave a crap about what I had. Trust me when I say I've had more flops then the average person.

    As I've said before, sometimes what you think the market wants...they don't. Also, sometimes when you put your thang out there, you find out what the market really wants and you need to completely change course.

    Finally, after too many failures, I decided to just throw my stuff out there. I'd get an idea and quickly get it out. It didn't always look pretty and it didn't always have the best written content...but I found out quickly a couple things:

    1. If people want it they'll buy it.

    2. If I need to change course I can do so without spending months and months figuring that out.

    As they say, fail fast...at least you'll be closer to learning what it is you should be doing.

    Some businesses changing course now should have changed a long time ago. Some are smart and can quickly see when change is needed. And, as mean as it may sound, some of the businesses shouldn't have been in business to start with.

    Also, sometimes when you change course it should only be temporary. Sometimes, you change course in the short term to work your way up to where you want to be in the long term...if the market isn't ready for your big plan, work your way up to it with the back door approach.

    Thank you again for bringing this up...so interesting to read all the comments that have been given. There's definitely some smart people that have posted in this thread.
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  • Profile picture of the author Odahh
    the definition i am using of making it..is builds a low over head business with real good margins and replaces the lost income from their jobs..now that income range is probably between $30,000 and 60,000 dollars ..and then they maintain that income level .

    what is your definition of making it
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    • Profile picture of the author myob
      Originally Posted by Odahh View Post

      what is your definition of making it
      Your definition is a great idea for replacing lost income, and I agree 100%. Build a low over head business with real good margins and replace the lost income from their jobs..now that income range is probably between $30,000 and 60,000 dollars ..and then they maintain that income level.
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      • Profile picture of the author Odahh
        Originally Posted by myob View Post

        Your definition is a great idea for replacing lost income, and I agree 100%. Build a low over head business with real good margins and replace the lost income from their jobs..now that income range is probably between $30,000 and 60,000 dollars ..and then they maintain that income level.
        we going forward a lot of regular employment was going to be displaced by automation and robotics anyway ..

        there will be lots of entrepreneurs who build sizable businesses selling dircet to the consumer ..with automated production lines that can produce 1 item at a good profit .

        and a lot of those businesses wont need many employees ..and the government is commited to eventually making human workers to costly or to much of a liability 15$ an hour minimum wage in a few years many places and who know what government mandated extra will be add in the next few years ..

        how big would you grow a business if you didn't have to make anything until someone ordered it or if you had to grow it ..you didn't start growing something until someone put money down for the full grown product .

        the supply disruption in the food chain which the last time we had anything like this in the USA was during the depression and the dustbowl ..the jump in prices of commercially produced food on the store shelves provide large opportunities for people who grow food with non industrial methods . with a lot more of what they buy comming from local producers ..

        we all go spoiled by the fact the system worked here in the USA for nearly 80 years without interruption ....
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        • Profile picture of the author DWolfe
          Originally Posted by Odahh View Post

          produced food on the store shelves provide large opportunities for people who grow food with non industrial methods . with a lot more of what they buy comming from local producers ..
          ...
          Odahh you posted a while back in another section of the forum you wanted to grow micro
          greens. (correct me if I'm wrong) Why not start growing some thing now ? Even if it is not micro greens. Plant early bird tomatoes since you said are in the North East currently. Plant right after May15 to avoid frost. Heck even grow patio or cherry tomatoes if space is tight. It may give you a start in the right direction at least.
          Signature


          You can earn 10% average annual returns on your investments - https://app.groundfloor.us/r/m2aa7b
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    • Profile picture of the author savidge4
      Originally Posted by Odahh View Post

      the definition i am using of making it..is builds a low over head business with real good margins and replaces the lost income from their jobs..now that income range is probably between $30,000 and 60,000 dollars ..and then they maintain that income level .

      what is your definition of making it
      For someone that was an "Employee" 2 months ago.. what you have laid out as "Success" is a wicked tough road. WICKED TOUGH. You read the main board... how many success stories have you seen in the last few years?

      "Working" and "Running" a business are 2 different things. People simply do not understand the work and the hours and the amount of education along the way that is needed. The minute you think.. Oh I cant do this ( with VERY FEW exceptions ) Ill hire a VA, you just shot yourself in the foot. you know have expense before you have made a penny.

      IF I was a Employee 2 months ago and got laid off... I would be looking at my life and figuring out what makes me happy... as the job aspect gets turned back on.. I would be getting into a crap job that was inline with what makes me happy. I would then start a side hussle around whatever that is. eBay or Shoes or Model trains.. F whatever...

      Put yourself in a position of education - and an amount of inside track and build out from there. take the financial stress out of the picture sell off the too expensive car and reset your life. To many people live to impress someone and are unhappy AF.

      I can tell you right now the secret to my success... I enjoy the F out of what I do... and have no issues what so ever working 18 hours a day 7 days a week - NONE. and THAT is what it takes to go out on your own and start some small little business with the hopes of making $30 to $60K a year. And guess what... that's to much like work for 99% of the people out there.

      I am looking at this whole pandemic thing and thinking DAMN... forget the pandemic... its all the crap that's going to hit the fan after the fact. because there are way to many people running around faking it to make it.. and these last 2-3 months has exposed a ton of that. Think about how much we know about China and it how operates right now vs same time last year... the same is happening in every day Joe Americans lives right now - TRUTH is showing itself.

      Mark my words, in a years time the States will be at the lowest unemployment rate in its history. Mom's and Dad's the world over took a huge one on the chin with this, and JR is going to see what the world is like for the first time... its gonna be ugly. Another "mark my words" Suicide rates will jump drastically.

      But hey I had a great day today and saved a ton of money on car insurance with Geiko! LOL
      Signature
      Success is an ACT not an idea
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      • Profile picture of the author myob
        Originally Posted by Odahh View Post

        we going forward a lot of regular employment was going to be displaced by automation and robotics anyway ..

        there will be lots of entrepreneurs who build sizable businesses selling dircet to the consumer ..with automated production lines that can produce 1 item at a good profit .

        and a lot of those businesses wont need many employees ..and the government is commited to eventually making human workers to costly or to much of a liability 15$ an hour minimum wage in a few years many places and who know what government mandated extra will be add in the next few years ..

        how big would you grow a business if you didn't have to make anything until someone ordered it or if you had to grow it ..you didn't start growing something until someone put money down for the full grown product .

        the supply disruption in the food chain which the last time we had anything like this in the USA was during the depression and the dustbowl ..the jump in prices of commercially produced food on the store shelves provide large opportunities for people who grow food with non traditional methods .
        Job displacement through automation and robots has been going on for at least the past 50 years. Despite the regularity and intensifying severity of downturns, hardly anyone ever prepares for them. They just go to another job usually with less pay until they get laid off again. And the cycle continues through more automation displacement and recessions.

        The time to learn and start a business is while you're still working, not waiting until you're out of work. People are wasting their time right now sitting at home collecting "stimulus" checks and unemployment benefits. There really is a huge difference of mindsets between employees and a true entrepreneur. It is more evident now more than ever before. Can you say "unprecedented" opportunities?

        But, most businesses don't even start earning a profit for the first year or two, and 90%-95% of those never do make it. Sorry to dash your dreams, but a home business ain't going to replace lost income from a $30,000-$60,000 job anytime soon. Get ready for the bumpiest and steepest roller coaster ride of your life.
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      • Profile picture of the author Odahh
        Originally Posted by savidge4 View Post

        For someone that was an "Employee" 2 months ago..


        Mark my words, in a years time the States will be at the lowest unemployment rate in its history. Mom's and Dad's the world over took a huge one on the chin with this, and JR is going to see what the world is like for the first time... its gonna be ugly. Another "mark my words" Suicide rates will jump drastically.

        But hey I had a great day today and saved a ton of money on car insurance with Geiko! LOL
        do you meant lowest employment rate ..

        and i will go with with something similar to what you said.. i was going to call it a straddle .. they will get what work they can the provides a wage and build one or multiple side hustles ..i would also predict many work these side hustle on streight cash .. and don't claim any of it ..now there was already a lot of that going on.. it will just go up exponentially

        as for suicide rates ..you will probably see a large spike in people" accidently" killing themselves taking their medicine wrong .. or accidently injecting to much insuline and causing a heart attack ..alcohol poisoning .. stuff like that .
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      • Profile picture of the author Profit Traveler
        Banned
        Originally Posted by savidge4 View Post

        ... the same is happening in every day Joe Americans lives right now - TRUTH is showing itself.

        Mark my words, in a years time the States will be at the lowest unemployment rate in its history. Mom's and Dad's the world over took a huge one on the chin with this, and JR is going to see what the world is like for the first time... its gonna be ugly. Another "mark my words" Suicide rates will jump drastically.

        But hey I had a great day today and saved a ton of money on car insurance with Geiko! LOL

        Insightful!

        I think that last 4 years has been pants dropped moment for America. We got a tremendous view of how things really work and how Truth can take a backseat to pure B.S.

        Let's just rig a Job forget the hard work.

        I saw one of those Fluffy Business Insider Articles it was Mark Zuckerburgs Sister preaching about how to become successful...but nowhere did she mention stealing a company and getting sued and paying off the guys you stole the company from.

        In the Movie The Big Short it documents how a guy discovered the Housing Bubble about to burst and instead of becoming a whistle blower he Played the Banks and Wall Street game and cashed in for a Billion Dollars.

        Ray Kroc PLAYED the McDonalds Brothers and got them to sell out for 2 Million. Just business. Would you like fries with that? They seriously pivoted!
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      • Profile picture of the author myob
        Originally Posted by savidge4 View Post

        I am looking at this whole pandemic thing and thinking DAMN... forget the pandemic... its all the crap that's going to hit the fan after the fact.
        This exactly. ^

        As tragic as this pandemic has been and will be in terms of death and suffering, we are perhaps only approaching the end of the beginning of a severe economic depression. Some economists even say we were overdue for a large stock market "correction" in 2016 but was artifically avoided by obvious political events.

        But many of us who went through the 2008 recession, the 2001 recession, the 1991 recession, the 1981 recession, the 1973 recession, the 1969 recession, and the 1961 recession can see a cyclical pattern here. We expect and prepare for them.

        Every time, faults in the financial markets and banking system abuses began to crack wider and wider, shaking the global economies like an earthquake. And every time, nations pour in their treasure to artificially stabilize markets which are otherwise unsustainable.

        This pandemic has shaken global markets right off the Richter scale, cracking wide open weaknesses and abuses in financial markets, geopolitics, supply chain practices, faulty business models, right on down to poor individual spending habits and massive consumer debt, etc.
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        • Profile picture of the author savidge4
          Originally Posted by myob View Post

          right on down to poor individual spending habits and massive consumer debt, etc.
          Start with this little gem... Look I sell stuff to make money... but when the Govt hands out "Free Cash" ( we will pay for this later ) I have had about a month straight of Black Friday sales numbers - for stupid Sh*t. and i beyond just short of feel guilty - but if the money isnt going into my coffers then it will just be someone elses.

          Does anyone think.. hmm Stupid Sh*t or pay down my credit card? I have randomly asked more than a few people this question... and ONE person said they paid down a bill. ( I now employ this person BTW ) Its almost heart breaking - its literally insanity on top of insanity. I get "It" but I don't if that makes sense.

          Originally Posted by myob View Post

          As tragic as this pandemic has been and will be in terms of death and suffering, we are perhaps only approaching the end of the beginning of a severe economic depression. Some economists even say we were overdue for a large stock market "correction" in 2016 but was artifically avoided by obvious political events.
          Overdue, I cant agree more the pattern of history as you have mentioned makes it so. I am going to then disagree and suggest this will actually delay the inevitable. I think enough of some pretty major flaws have been exposed that can be fixed that we wont have a 2008 moving forward.

          You really cant look at unemployment numbers right now... YEAH they are at record highs... If I personally wasn't as liquid as I was ( because I am patiently waiting on the recession LOL ) I would have let 80% of my staff go - but hired them once things got better. and its THIS variable that needs to play out to understand exactly how bad things will be.

          We are starting to see Chapter 11 filings in the retail sector... its laughable that it is even news - it had already been written on the wall, and simply waiting to play out. THIS in itself is really not a big deal. As of April 17th or so Walmart HIRED 150,000 employees and looking to hire 50,000 more. Throwing out the big retail that will fall JC Penney's they only have 90,000 employees - the GAP has been filled already.

          A side note... I cant wait to read Walmart's Q1 and Q2 reports. The number I am most interested in looking at is "Loss" as in shoplifting loss. Curbside and delivery absolutely destroys LOSS. minimizing 3 Billion in loss year over year is HUGE - and trust me at this point - they ( Walmart ) will do anything and everything they can to keep you out of the store and continue to do delivery and Curbside.

          Originally Posted by myob View Post

          This pandemic has shaken global markets right off the Richter scale, cracking wide open weaknesses and abuses in financial markets, geopolitics, supply chain practices, faulty business models
          We see it... we know its there... But think for a moment... in this crisis we happen to see GM open up an abandoned transmission line building and place $150,000 worth of equipment to make 1.5 million masks a month. Call me stupid... but why didn't 3M step in and rent the Million Sq Foot facility and drop I don't know 30 of those in there and produce 45 Million masks right here in the states?

          In my eyes the REAL issue we have right now is the inability for Corporate Stock Market Controlled America to SPEND - even in a time of crisis. Why didn't 3M do what I suggested? Because capital investment would have ruined their numbers on wall street.

          As we wait for delivery of 3M masks to come from their ( largest capacity in the world ) mask plant in China. Why were we short on masks ( aside from China in January systematically buying 2 billion masks the world over )? Because the 3M plant was closed because of China's quarantine - AND China consuming all of the inventory - because it was in China.

          And it doesn't stop there... not even close. Things need to change, but they are so deep rooted - it simply will not ( change ). Dollars dictate decisions - which in business is not a bad thing... but sometimes I wonder.

          8 weeks in and I still can not goto the store and find Toilet Paper...this one boggles my mind... It is my understanding that "normally" the business' that make such products have the equipment necessary to meet demand by operating 24/7 with 2 weeks off a year ( traditionally 4th of July Week and Christmas time )

          Haven't heard of a single one of them adding new equipment to meet current demand - I just don't understand. I live in America right? Free Market and apple pie and Rah Rah right? And Corporate America is playing this we will be fine Narrative - things will go back to normal. No sense in spending money to make things better today ( 8 F-ing weeks later LOL )

          May 1st NYC finally closes the subway system down each night for cleaning... I could rant for hours on this.
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          • Profile picture of the author Profit Traveler
            Banned
            Originally Posted by savidge4 View Post

            I have had about a month straight of Black Friday sales numbers - for stupid Sh*t. .

            Alot of us here would like to know what cable channel that show is on so we can set the DVR.
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      • Profile picture of the author Profit Traveler
        Banned
        I realize now it is not about the problems and challenges we face, there will always be some.

        It is really about who is solving them, their capacity to embrace data, live in reality, and react judiciously.
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        • Profile picture of the author savidge4
          Originally Posted by Profit Traveler View Post

          I realize now it is not about the problems and challenges we face, there will always be some.

          It is really about who is solving them, their capacity to embrace data, live in reality, and react judiciously.
          That "Live In Reality" part.. either I live in another reality... or well the powers that be are smoking something. On just about every level I see crazy - anything but reality.
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      • Profile picture of the author savidge4
        Since I am on a roll...

        Lets really get into this idea of Pivot. Big America is in trouble and they know it... the WORLD has changed around them, and yet they have not.

        You could walk into your local Walmart tomorrow and browse all of the isles and find an item that you have a passion for. Peanut Butter or Shampoo or lipstick or whatever... In todays online environment you could literally disrupt <insert brand here> in 5 years time starting from your very own kitchen or Garage.

        Unlike any time ever in history is this possible. Its almost down right scary when you really start to think about it. In the next few years as retail fails you will start to see product BRANDS fail - this is when things will get REAL interesting.

        We can look back a few years at Hostess Snack Cakes... The market changed people want healthy... "we need to sell more twinkies" they said "Lets make them with Strawberry filling" they said.. and then the union came in and said "we need to get paid more" and I am still not convinced that the union didn't understand they were trying to draw milk from a Bull.

        Corporate America has a real real hard time with change. Small full of spirit entrepreneurs don't know anything but CHANGE... Corporate BRAND America is playing a game it can not and will not win.
        Signature
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      • Profile picture of the author myob
        Originally Posted by Profit Traveler View Post

        Alot of us here would like to know what cable channel that show is on so we can set the DVR.
        You are watching the preview as it is unfolding live. Meanwhile, the buzzards are circling above waiting to pick off the roadkill just like in 2008, 2001, 1991, 1981, 1973, 1969, 1961, 1957, 1948, 1937, 1929 ...

        Some of us have been watching the whole series, and are ready for this episode. This will be the biggest jackpot of our generation.
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        • Profile picture of the author Odahh
          Originally Posted by myob View Post

          You are watching the preview as it is unfolding live. Meanwhile, the buzzards are circling above waiting to pick off the roadkill just like in 2008, 2001, 1991, 1981, 1973, 1969, 1961, 1957, 1948, 1937, 1929 ...

          Some of us have been watching the whole series, and are ready for this episode. This will be the biggest jackpot of our generation.
          don't really need to be a buzzard ..the same way lazy people buy stuff for way more from savige that he bough from wallmart .. many peole are going to sell things for a fraction of whay they bought them for ..just to have cash . to eat and buy drugs .

          after traveling around the last 4 years .. it always seems there is a lot more money out there than the income stats mention .. with the amount of waste and the stuff that just gets tossed out ..i honestly think there was a lot more money flowing from hand to hand than the governemnt wanted to admit ..
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          • Profile picture of the author myob
            Originally Posted by Odahh View Post

            don't really need to be a buzzard ..
            No, you don't need to be a buzzard. But the pay is fantastic - and alot more than anything else I've seen. I've done extremely well by picking up real estate and stocks at rock bottom prices during the major downturns. People generally waste their money and buy shit that's way overpriced during good times, then dump it when the economy goes south. This happens not with just products, but in the stock market, real estate, investments, etc.

            I do make a lot of money selling Amazon crap and other affiliate shit. But the real money is in waiting for the next recession and snapping up real estate, prime stocks, store inventories, etc at a fraction of their value. It's just a matter of time when the other shoe is about to drop. There is a whole lot of money out there, and the buzzards (er ahem ... investors) are waiting for the next pivoting opportunity for buying distressed assets.

            It's coming to a neighborhood near you.
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      • Profile picture of the author Profit Traveler
        Banned
        You have to love people like Financial Expert Suze Orman who goes around telling people to save and sacrifice and suffer but she never tells them to sell their own Books, DVDs, and InfoProducts to become a Millionaire like herself.


        Takes notes of what people actually do, not so much what they are telling you to do.

        Unless it's like the little old guy from Rocky coaching him to his first Boxing World Title.
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      • Profile picture of the author myob
        Consumer credit card debt in the US is something like $1 trillion, and the student loan debt is another $1.6 trillion. The mortgage loan debt is about $9.4 trillion. People are beginning to default on their payments more and more. Similar statistics are worldwide.

        Who else here sees a trainwreck about to happen?
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        • Profile picture of the author savidge4
          Originally Posted by myob View Post

          Consumer credit card debt in the US is something like $1 trillion, and the student loan debt is another $1.6 trillion. The mortgage loan debt is about $9.4 trillion. People are beginning to default on their payments more and more. Similar statistics are worldwide.

          Who else here sees a trainwreck about to happen?
          When you look at the numbers like this you begin to think... hmm Stimulus package that pays credit and student load debt OFF straight across the board $2.6 Trillion Dollars

          Puts the banks in a far better position - most people would be stupid and crank the credit cards back up - good for the economy - and I wouldn't have to hear about student loan debt for the next year or so.

          Really no different than $2000 checks that would be spent on stupid sh*t but in theory could reset those few that REALLY need the help.
          Signature
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          • Profile picture of the author myob
            Originally Posted by savidge4 View Post

            When you look at the numbers like this you begin to think... hmm Stimulus package that pays credit and student load debt OFF straight across the board $2.6 Trillion Dollars

            Puts the banks in a far better position - most people would be stupid and crank the credit cards back up - good for the economy - and I wouldn't have to hear about student loan debt for the next year or so.

            Really no different than $2000 checks that would be spent on stupid sh*t but in theory could reset those few that REALLY need the help.
            Don't get me started on this. The "system" is set up so debts will never get paid off in full. But the cost of borrowing to bailout such irresponsible consumer behavior and escalating deficit spending are unsustainable. Eventually, the cost just to service the interest on our national debt will severely affect GDP and economic growth.

            Currently, over 10% of the federal budget goes towards just the interest on its debt - and rising every year. Unless there is some major or "unprecedented" changes made to bring down the debt, we will be facing hyperinflation for generations to come.

            This concern has come up with every recession and downturn as the feds hand out money as fast as they can print it. When people make more money from "stimulus" checks, unemployment benefits, and other government handouts than from working, that's a much bigger problem than the recession itself.

            But, when the economy "recovers", politicians take the credit, get re-elected, and deficits and debts are kicked down the road until next time.

            "Men occasionally stumble over the truth, but most of them pick themselves up and hurry off as if nothing had happened." - Winston Churchill

            /end of rant
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          • Profile picture of the author Odahh
            Myob ..
            Originally Posted by savidge4 View Post

            When you look at the numbers like this you begin to think... hmm Stimulus package that pays credit and student load debt OFF straight across the board $2.6 Trillion Dollars

            Puts the banks in a far better position - most people would be stupid and crank the credit cards back up - good for the economy - and I wouldn't have to hear about student loan debt for the next year or so.

            Really no different than $2000 checks that would be spent on stupid sh*t but in theory could reset those few that REALLY need the help.
            eliminate federal income taxes on income below 100,000 usd ....then remove the minimum wage .

            myob..we are hitting the brick wall at the end of the road ..alread added what 4-5 trillion in the last 2 months to the debt.. who know how much money the fed and treasury is creating to save wall street ..

            we will see just lain crazy .. before we see deflation or inflation or hyper inflation ..stocks and real estate might tankes .. while chicken prices triple and other groceries double and triple

            rich people are going to see their wealth deflate or evaporate and the rest are going to see inflation on much of the stuf they buy ..
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            • Profile picture of the author myob
              Originally Posted by Odahh View Post

              Myob ..rich people are going to see their wealth deflate or evaporate and the rest are going to see inflation on much of the stuf they buy ..
              Don't you worry none about the rich people. This is how most of them got rich. Are you ready?

              "You never want a serious crisis to go to waste."
              - Rahm Emanuel.
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              • Profile picture of the author Odahh
                Originally Posted by myob View Post

                Don't you worry none about the rich people. This is how most of them got rich. Are you ready?

                "You never want a serious crisis to go to waste."
                - Rahm Emanuel.
                the last four years i have been moving around trying to get certain health problems under control and not end up disabled ..
                or dead before i am 50

                on one hand this lockdown and getting stuck inside the last two month has led to deterioration .. it has also filled in the last few pieces ..
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                • Profile picture of the author myob
                  Originally Posted by Odahh View Post

                  the last four years i have been moving around trying to get certain health problems under control and not end up disabled ..
                  or dead before i am 50

                  on one hand this lockdown and getting stuck inside the last two month has led to deterioration .. it has also filled in the last few pieces ..
                  So what. What is really stopping you?

                  There's a little old lady I know who lost everything in the 2008 recession. She's 74 years old now and in a wheelchair, but over the last ten years she built a home business and an investment portfolio of nearly $2 million.

                  She's not the only one who started from scratch, and through dogged determination, discipline, and persistent vision overcame "overwhelming" excuses for not seizing opportunities all around us.
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                  • Profile picture of the author Odahh
                    Originally Posted by myob View Post

                    So what. What is really stopping you?

                    .
                    E D i stopped everything to heal as much as i could ..and i think i might have to go vegan for a time or get on a plant based diet ..to finnish fully restoring functioning..
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      • Profile picture of the author Profit Traveler
        Banned
        4 Year College programs is a well oiled For Profit Business.

        Better Education online in my opinion that will be relative to making some dollars.

        Can not use last semesters History Books and have to buy new?

        It is just a Debt Factory. Right from the start in my humble.

        Want to be a Doctor? Pls do the traditional schooling route.

        But the internet creates so many options to make a great living.

        6 Reasons Colleges are Scams
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      • Profile picture of the author Profit Traveler
        Banned
        This is a Facebook Group started by a mom of 6 to help people during COVID in about a month's time has about 10,000 Members.

        Stimulus Check 2020 Chat

        Now you can always listbuild, create a resource, funnel, etc to 10,000 and growing. All done within a single month's time.

        Opportunity.
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      • Profile picture of the author myob
        Well, it's certainly obvious you can still type.

        The elderly lady in the wheelchair I mentioned earlier had a lot of time on her hands. So she produced product review articles as an affiliate for Amazon and other companies.

        Of course, she is highly motivated, driven, and focused, but within about two years she earned enough money to start investing in the stock market.

        Now, at 74 years old and still wheelchair-bound, she's into other business ventures. I've seen these types of turnarounds over and over again. It's a mindset, and the very essence of "pivoting".
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        • Profile picture of the author Profit Traveler
          Banned
          Originally Posted by myob View Post

          Well, it's certainly obvious you can still type.

          The elderly lady in the wheelchair I mentioned earlier had a lot of time on her hands. So she produced product review articles as an affiliate for Amazon and other companies.

          Of course, she is highly motivated, driven, and focused, but within about two years she earned enough money to start investing in the stock market.

          Now, at 74 years old and still wheelchair-bound, she's into other business ventures. I've seen these types of turnarounds over and over again. It's a mindset, and the very essence of "pivoting".

          This is how I like to start my day off! High 5! ......with gloves.
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      • Profile picture of the author Profit Traveler
        Banned
        Sitting around thinking it's all been done?
        Doom and Gloom?

        Introducing the TriKini

        Just a plain bikini with matching face mask.

        "being bombarded with orders"

        Meet The Trikini, A Bikini That Comes With A Matching Face Mask
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      • Profile picture of the author Profit Traveler
        Banned
        Are you kidding me? I should have thought of it years ago.

        Work from home Pajamas and the top looks like a dress shirt for videos.

        BRILLIANT.

        Japanese company designs 'business pyjamas' for WFH video calls
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      • Profile picture of the author DWolfe
        Originally Posted by Profit Traveler View Post

        Now that was thanks worthy and happy to be the first of many!
        Considering he copied Myob's post from April 28 word for word and did the same thing to another poster in a different thread
        Originally Posted by myob View Post

        We could be twins!
        Great catch !
        Signature


        You can earn 10% average annual returns on your investments - https://app.groundfloor.us/r/m2aa7b
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      • Profile picture of the author myob
        This is the worst of times. This is the best of times. It is the worst of times to be an employee. It is the best of times to be an entrepreneur.

        Suddenly, the world has become a treasure trove of opportunity. Now more than ever before, entrepreneurs are beginning to drive the economy more than publicly traded companies.

        In every downturn, recession, and depression, there has emerged millionaires, whole new industries, products, and technologies. These incubators of prosperity and breakthroughs come in cycles spiraling ever upward.

        This unprecedented crisis has opened up unprecedented opportunities. With eyes of possibility scanning the earth and skies, the new golden age of the entrepreneur has dawned.


        [More coming and available for copying and pasting]
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        • Profile picture of the author Profit Traveler
          Banned
          Originally Posted by myob View Post

          This is the worst of times. This is the best of times. It is the worst of times to be an employee. It is the best of times to be an entrepreneur.

          Suddenly, the world has become a treasure trove of opportunity. Now more than ever before, entrepreneurs are beginning to drive the economy more than publicly traded companies.

          In every downturn, recession, and depression, there has emerged millionaires, whole new industries, products, and technologies. These incubators of prosperity and breakthroughs come in cycles spiraling ever upward.

          This unprecedented crisis has opened up unprecedented opportunities. With eyes of possibility scanning the earth and skies, the new golden age of the entrepreneur has dawned.


          [More coming and available for copying and pasting]

          So True!

          And also a scammers paradise! Be careful out there.

          Immunity pills from Celebs
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        • Profile picture of the author Odahh
          Originally Posted by myob View Post

          This is the worst of times. This is the best of times. It is the worst of times to be an employee. It is the best of times to be an entrepreneur.

          Suddenly, the world has become a treasure trove of opportunity. Now more than ever before, entrepreneurs are beginning to drive the economy more than publicly traded companies.

          In every downturn, recession, and depression, there has emerged millionaires, whole new industries, products, and technologies. These incubators of prosperity and breakthroughs come in cycles spiraling ever upward.

          This unprecedented crisis has opened up unprecedented opportunities. With eyes of possibility scanning the earth and skies, the new golden age of the entrepreneur has dawned.


          [More coming and available for copying and pasting]
          I agree with you . it won't be limited to the united states ..many companies after having to run remote office workforces the last two months ..actually do not want to have big pricey office space ..and are realizing they can hire people from around the world . and not have to pay the premiums in salary..to get people to drive in through traffic or sit on subways ..and live in cities ..

          now my view is much of the rebuilding of the economy will end up in needing to use much less oil than we where .. and more and more on producing electricity from other methods and not needing to replace the grid build a new system that doesn't need it ..

          new ways to produce things and distrupute them..new ways to educate everyone tha does not einvolve crowing hundreds of people into a building and 20 or more people in to a room .. new ways to care for elderly that doesn't put the sickest in small buildings .

          so many thing that are changing ..i doubt here will be a normal ever again..or the new normal will be constant changes to almost everything
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          • Profile picture of the author myob
            Originally Posted by Odahh View Post

            so many thing that are changing ..i doubt here will be a normal ever again..or the new normal will be constant changes to almost everything
            These changes were inevitable long before the current crisis. Many companies have never recovered from even the last recession of 2008. Downturns and depressions always have and always will sweep away the old and usher in the new.

            Economists estimate that as much as 50% of jobs lost may never return. Automation, AI, robotics, and other emerging technologies are accelerating faster than ever now to replace huge swaths of the workforce in every industry.

            For decades, the mantra of "get a job" has been steadily eroded by corporate downsizing, automation, and big business failures. This trend is now on the fast track towards a dead end for many who are working for a "paycheck".

            However, despite the 40+ million of workers sidelined, we will be seeing perhaps the largest growth in history of new ventures, new industries, entrepreneurs, millionaires, and billionaires coming out of this unprecedented depression.

            Tens of thousands of tinkerers, inventors, and entrepreneurs are moving forward to the inner drumbeat of opportunity.
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            • Profile picture of the author Odahh
              Originally Posted by myob View Post

              These changes were inevitable long before the current crisis. Many companies have never recovered from even the last recession of 2008. Downturns a

              For decades, the mantra of "get a job" has been steadily eroded by corporate downsizing, automation, and big business failures. This trend is now on the fast track towards a dead end for many who are working for a "paycheck".

              Tens of thousands of tinkerers, inventors, and entrepreneurs are moving forward to the inner drumbeat of opportunity.
              honestly we have been shifting from the industrial age to the age we are in now for a while.. this event compressed that shift ..and virtually the entire world is making the shift at the same time with the same access to information .

              the first part of the changes was actually the spread of low cost smartphones around he world into billions of hands giving people access to the web ..

              the tech most people use has been getting cheaper and exponentially better ..while much of the other stuff they use has been going up in price ..

              education and medical care are about to have a flood of entrepreneurs driving down costs..
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              • Profile picture of the author myob
                Originally Posted by Odahh View Post

                education and medical care are about to have a flood of entrepreneurs driving down costs..
                There are indeed massive numbers of start-ups in new technologies for these sectors, but the initial costs for capital investments in equipment and infrastructure will not drive down costs in the foreseeable future.

                Medical care in the US is a $3.5 trillion industry, and education is about $1.6 trillion. These numbers are deeply entrenched in our economy, but the infrastructure and equipment are currently in shambles.

                Major investments will be required, which will unavoidably drive up costs. The expected ROI is in fact exactly why there is so much fervor for entrepreneurs to venture into these markets.
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                • Profile picture of the author Odahh
                  Originally Posted by myob View Post

                  There are indeed massive numbers of start-ups in new technologies for these sectors, but the initial costs for capital investments in equipment and infrastructure will not drive down costs in the foreseeable future.

                  Medical care in the US is a $3.5 trillion industry, and education is about $1.6 trillion. These numbers are deeply entrenched in our economy, but the infrastructure and equipment are currently in shambles.

                  Major investments will be required, which will unavoidably drive up costs. The expected ROI is in fact exactly why there is so much fervor for entrepreneurs to venture into these markets.
                  what kind of capital investments or infrastructure do you think will be needed to replace the education system we have now ..

                  if you go all digital without the need for building schools .. you dramatically cut the capital investment and infrestructure costs ..

                  now with medical care .. driving down cost of services in many areas may just lead to increase in demand for those services if people can pay out of pocket .
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                  • Profile picture of the author myob
                    Originally Posted by Odahh View Post

                    what kind of capital investments or infrastructure do you think will be needed to replace the education system we have now ..
                    Schools and its infrastructure nationwide are crumbling. The Rebuild America's Schools Act proposed about two months ago estimates it will take a minimum $100 billion investment to help repair and improve the physical and digital infrastructure of public schools. The actual costs (as usual) will be much higher. Legacy companies and new upstarts are at this very moment reving up for the coming boom in construction and technological upgrades.

                    Originally Posted by Odahh View Post

                    if you go all digital without the need for building schools .. you dramatically cut the capital investment and infrastructure costs ..
                    A large percentage of student population either do not have access to the internet and/or cannot afford to buy equipment for online learning. But there is an emerging boom in the 5G network expansion and planned massive investments and expenditures in space communication satellites for global internet coverage. Economies of scale may help reduce costs for the underprivileged.

                    Originally Posted by Odahh View Post

                    now with medical care .. driving down cost of services in many areas may just lead to increase in demand for those services if people can pay out of pocket .
                    That's not going to happen. Hardly anyone is willing or in many cases unable to pay for the spiraling cost of medical care. Medical insurance companies are going to be among the major beneficiaries of technological advances and addition of services in the coming boom of the medical industry.
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                    • Profile picture of the author Odahh
                      Originally Posted by myob View Post

                      Schools and its infrastructure nationwide are crumbling.

                      That's not going to happen. Hardly anyone is willing or in many cases unable to pay for the spiraling cost of medical care. Medical insurance companies are going to be among the major beneficiaries of technological advances and addition of services in the coming boom of the medical industry.
                      so there is no fixing the hostpitals and medical system .. so 1 asprin may cost 20 dollar to give to a patient today.. butfive years from now there is nothing that can be done about it costing 25 or 30 dollars ..

                      the bag of iv solution that costs 3 dollars to produce might cost 500-700 when it get put in a patients arm ..nothing can be done about that so 10 years from now 1000 to 1400 .

                      because you know what happens .. the insurance company looks at that bill item of 700 dollars ..and tells the hospital .. you know we are only going to pay you 50$ for that ..
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                      • Profile picture of the author myob
                        Originally Posted by Odahh View Post

                        so there is no fixing the hostpitals and medical system ..
                        Hundreds of billions of dollars are being poured into the medical system for infrastructure and techological upgrades. The convergence of AR, VR, AI, 3D remote surgery, and other emerging technologies into medical devices, building systems, electronic health records and infrastructure are revolutionizing the whole medical industry.

                        Originally Posted by Odahh View Post

                        so 1 asprin may cost 20 dollar to give to a patient today.. butfive years from now there is nothing that can be done about it costing 25 or 30 dollars ..
                        Shop around. You can buy aspirin for a few pennies each at Dollar Tree or Family Dollar. The parent company is opening 1,000+ stores next year.

                        Originally Posted by Odahh View Post

                        the bag of iv solution that costs 3 dollars to produce might cost 500-700 when it get put in a patients arm ..nothing can be done about that so 10 years from now 1000 to 1400.
                        Stay healthy and keep up on your medical insurance premiums. Then it won't be out of your pocket. Contracts with insurance companies are a fraction of the cost charged directly by medical providers.

                        Originally Posted by Odahh View Post

                        because you know what happens .. the insurance company looks at that bill item of 700 dollars ..and tells the hospital .. you know we are only going to pay you 50$ for that ..
                        These are previously contracted rates. Every medical procedure, diagnostics, and services are specified in contracts (by CPT codes) between hospitals and the specified covered benefits of your medical insurance carrier. If you get cheap insurance, you risk higher out of pocket expenses. There is no free lunch unless you're getting handouts supported by taxpayers.
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                        • Profile picture of the author Odahh
                          Originally Posted by myob View Post

                          Shop around. You can buy aspirin for a few pennies each at Dollar Tree or Family Dollar. The parent company is opening 1,000+ stores next year.


                          Stay healthy and keep up on your medical insurance premiums. Then it won't be out of your pocket. Contracts with insurance companies are a fraction of the cost charged directly by medical providers.

                          hese are previously contracted rates. Every medical procedure, diagnostics, and services are specified in contracts (by CPT codes) between hospitals and the specified covered benefits of your medical insurance carrier. If you get cheap insurance, you risk higher out of pocket expenses. There is no free lunch unless you're getting handouts supported by taxpayers.
                          you just said .. who cares if the hospital charges you 20$ to 30$ for an asprin ..its your fault for not having good insurance .

                          the only reason cost of medical care can spiral.. is the consumer is left out of the actual cost .of every item involved in their treatment
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                          • Profile picture of the author myob
                            Originally Posted by Odahh View Post

                            you just said .. who cares if the hospital charges you 20$ to 30$ for an asprin ..its your fault for not having good insurance .

                            the only reason cost of medical care can spiral.. is the consumer is left out of the actual cost .
                            It's built into the medical reimbursement system. Hospitals lose $35 billion a year or more because public programs such as Medicare, Medicaid and other forms of government reimbursement do do fully cover costs for many procedures.

                            In addition, those with no medical insurance and the under-insured typically go to ER, which is the most expensive drain on hospitals. Deadbeats and fraud are major factors for spiraling medical costs and rising insurance rates.

                            The medical industry needs to make a profit, just like any other business. Staying well and living a healthy lifestyle are becoming ever more economical.
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                            • Profile picture of the author Odahh
                              Originally Posted by myob View Post


                              In addition, those with no medical insurance and the under-insured typically go to ER, which is the most expensive drain on hospitals. Deadbeats and fraud are major factors for spiraling medical costs.

                              The medical industry needs to make a profit, just like any other business.
                              when you go in to the er for a few stiches .. and you are in there for an hour to get the stiches and an hour a few weeks later to get the stiches removed and you get a bilthat say services from doctors 300$ charges for going to the hospital 1000$

                              and that is a a few stiches ..
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                              • Profile picture of the author myob
                                Originally Posted by Odahh View Post

                                when you go in to the er for a few stiches .. and you are in there for an hour to get the stiches and an hour a few weeks later to get the stiches removed and you get a bilthat say services from doctors 300$ charges for going to the hospital 1000$

                                and that is a a few stiches ..
                                The cost of "a few stitches" does not take into account the prep time, anesthesiologist, nurses, assistants, orderlies, backoffice, overhead, and the doctor's knowledge of the procedure, including prevention of infection. Sewing is simple and thread is cheap. So try doing it yourself next time to save a few bucks.
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                                • Profile picture of the author Odahh
                                  Originally Posted by myob View Post

                                  The cost of "a few stitches" does not take into account the prep time, anesthesiologist, nurses, assistants, orderlies, backoffice, overhead, and the doctor's knowledge of the procedure, including prevention of infection. Sewing is simple and thread is cheap. So try doing it yourself next time to save a few bucks.
                                  no i will just go the er again get what i need done again and not pay it ..but for me .. that is probably 10 or 20 years from now . i hate going to the doctor or even the er ..

                                  other people i have run into .. it is every week or every few weeks ..wsith far more costly conditions ..

                                  the 80 20 rule applies to medicl costs .. and in any year 1 percent of the patients might be creating 90 percent of the costs in the system .

                                  we could greatly reduce medical costs by identifing .. the small percent creating most of the costs and figuring out how to reduce those costs..instead the system as it is needs to distribute the cost of the most expensive users to other users who can pay . to make a profit .
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                                  • Profile picture of the author myob
                                    Originally Posted by Odahh View Post

                                    i will just go the er again get what i need done again and not pay it
                                    That is exactly a reason why hospitals charge $25 for one aspirin.

                                    Originally Posted by Odahh View Post

                                    we could greatly reduce medical costs by identifing .. the small percent creating most of the costs and figuring out how to reduce those costs..instead the system as it is needs to distribute the cost of the most expensive users to other users who can pay . to make a profit .
                                    Brilliant! Present that plan to your local hospital board of directors.
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                              • Profile picture of the author Profit Traveler
                                Banned
                                I really should have been more specific in the thread title...

                                How Have You Pivoted As an Entrepreneur in Your Business.

                                "These 19 European startups have pivoted in the face of coronavirus" Article

                                Case study-The Switch from Fashion eCommerce to GiftBoxes

                                Rosie On Fire -- After five years as an established e-commerce fashion brand, this business came to a grinding halt last month. But the company has since leveraged its Malaysian-based supply-chain to create a new "SuperCleen" brand for Asian corporates wanting protective gear like gloves and disinfectants.
                                It's also launched itsown dedicated website to sell lockdown-related packages to UK consumers.

                                The consumer boxes on offer include the "Lockdown Birthday Kit" (containing games, pamper products and home workout gear)

                                and the "Lockdown Date Night Kit" containing couples games, candles, 'Netflix & Chill props' and massage oil...


                                "It was quite stunning to see a brand we've been nurturing for five years collapse instantaneously. We needed to move fast or we would be dead in the water," said Rosie on Fire's founder Angeline Francis Khoo.
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                              • Profile picture of the author Profit Traveler
                                Banned
                                I am personally planning a YouTube Pivot and in my absorption and observation stage.

                                I was looking at Titles in Search like How to get Your First 1 Million Subscribers and decided to shoot for the Moon and still be among the Stars at How to get Your First 100,000 Subscribers.

                                I am looking at Thumbnails and see this one...I smile and say oh yea I am sure she is going to have alot of excellent data in my sarcastic mental voice.

                                Totally blew me away. Awesome Stuff. If you take peek maybe you will also notice I do not think she breathes! Maybe the editing. But anyway great insights and wanted to share it.

                                How to Get 100K subscribers on Youtube in 1 year

                                Vanessa Lau
                                256K subscribers
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                              • Profile picture of the author Profit Traveler
                                Banned
                                *A new service called Sitter Stream recently launched, offering parents a half hour of online babysitting for $15 and an hour for $22.

                                *Angolina Amores is the founder of Alpha Femme a company dedicated to elevating women who aspire to be entrepreneurs and make passive income. She also has an e-commerce store selling merchandise to empower and motivate driven women.

                                Since the majority of the population has faced a loss in income from not being able to meet in-person to work Amores has had more women reach out to her about making a passive income online. E-commerce is so powerful and now that everybody is online, Amores has found that it will explode more.

                                I find stories like this daily. You can simmer in a gravy of loss and worry or get out there and actually thrive. Or just help someone else in their company or great idea. Keep moving.
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                              • Profile picture of the author Profit Traveler
                                Banned
                                Domain Registered last week.

                                $190 in the pocket yesterday. SOLD.

                                ReadyFaceMasks.COM
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                              • Profile picture of the author myob
                                With interest rates at historic lows and imminent business failures approaching historic highs (expected to be one million in the US), there are opportunities around virtually every corner to buy or invest.

                                For example, restaurants were hit especially hard during this pandemic and cashflow is the primary factor of failure in otherwise well-run and popular establishments.

                                Many of them can be purchased now at steep discounts then turned around as the economy improves.
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                              • Profile picture of the author Profit Traveler
                                Banned
                                Originally Posted by myob View Post

                                With interest rates at historic lows and imminent business failures approaching historic highs (expected to be one million in the US), there are opportunities around virtually every corner to buy or invest.

                                For example, restaurants were hit especially hard during this pandemic and cashflow is the primary factor of failure in otherwise well-run and popular establishments.

                                Many of them can be purchased now at steep discounts then turned around as the economy improves.

                                And also be careful what you wish/protest for.....Rents and everything else coming due now whether you have the means or not...some businesses will double the prices just because they can and some because they have to.


                                Originally Posted by George Flm View Post

                                Multiple streams of income does the trick.
                                How did you know those exact words are on my Opt in Page?

                                I think anyone that can deliver on that for others will do very well in this Era that will only become more challenging and at the same time for some more PROSPEROUS.
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      • Profile picture of the author Profit Traveler
        Banned
        Work From Home Keywords really have taken on incredible weight these days!

        *Side note I was colorizing words in posts and Mods would rather we didn't.

        And I did not even realize I was doing it. I am Blaming Canva.com!

        Been spending alot of time there recently.

        If you have not been over there lately they are really upping the value even on the Free Version.

        Virtual Zoom backgrounds and a ton of new templates.

        They probably put a few Gigs out of business but at the same time created several!

        I saw someone selling Images Packages made with Canva for $99.


        So just a thought...alot of social platforms are image driven these days. Instagram, Pinterest, even FB to a degree and someone could definitely be making a sweet little side hustle just on the Free Version of Canva.com

        Add other sites with Free Versions like SmartMockups.com and you can make some very impressive items to use and or sell.
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      • Profile picture of the author Profit Traveler
        Banned
        "The Companies That Stand to Profit From the Pandemic"

        Main points from this article...

        6. J.M. Smucker Co.

        Restaurants and bars across America are closed, but people are still eating, and that has been good for the fortunes of companies like Smucker that make packaged food for the retail market. "As you know, we have experienced unprecedented demand for peanut butter," the Jif manufacturer said in a letter to retailers on March 19, explaining why it would not always be able to fulfill orders for the brand on time or in full. The letter had better news about coffee, which Smucker sells under labels including Folgers and Dunkin' Donuts. With production at or near capacity, it was able to meet the rising call for coffee to brew at home. Smucker stock is up more than 8 percent this year. Thriving for similar reasons: processed-meat-maker Hormel and national supermarket chain Kroger.


        5. Citrix

        As tens of millions of Americans have suddenly started working from home, the coronavirus crisis has provided opportunities to companies that sell remote-working technology, and Citrix is one of the biggest players in that space. Its stock is up nearly 26 percent this year.

        4. Clorox

        It's hard to think of a non-pharmaceutical product more boosted by a pandemic than bleach. Clorox makes about half the disinfectant wipes used in the U.S., and retailers have been struggling to keep them on the shelves.


        3. Amazon

        When you can't go out to shop, you shop online, and Amazon has been adding staff to handle increased order volume as department stores like Nordstrom and Macy's are closing all their locations. Still, Amazon is a general-merchandise retailer and is likely finding this crisis to be a mixed bag for the same reason its competitors Walmart and Target are -- consumers are spending more on low-cost, low-margin necessity goods like toilet paper and less on higher-margin items like clothing.

        2. Netflix

        Widespread stay-at-home orders could not have come at a better time for Netflix.

        1. Regeneron Pharmaceuticals

        While Someone talks up hydroxychloroquine, a generic anti-malarial of unproven efficacy for treating COVID-19 (with significant side effects), former FDA commissioner Scott Gottlieb says certain anti-viral and antibody drugs in development and testing will be our best bets for fighting the coronavirus before a vaccine is available.
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      • Profile picture of the author Profit Traveler
        Banned
        I am on this mailing list and it ties in perfectly with this Thread Topic. I am not affiliated in any way except I just love the guy. Jay Abraham.

        What To Do When You Don't know What To Do.
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  • Profile picture of the author Profit Traveler
    Banned
    One of my heroes is Jay Abraham.

    Spending time absorbing his content is almost like paying him as his Billion dollar clients do.

    He has a ton of free content.

    https://www.abraham.com/50-shades-of-jay/

    In Essence what he does is see opportunities within a business with resources they already have.

    He has so many ways to make profits out of thin air. And I am not exaggerating.

    In simplest form as an example, I could go out tomorrow find a Professional like a Doctor or Dentist with a mailing list of all their clients and they send out a thank you note to them periodically.

    Now I could go find a Jewelry store owner and negotiate a deal for all that Doctors/Dentist list of clients to receive a discount when they come and shop there.

    You broker a deal and YOU, the Store Owner, and the List Owner get paid.

    This can apply for so many things online and offline to profit from. You intro Mr. Peanut Butter to Mrs Jelly. Broker a Deal.

    We have to open our eyes and see possibilities others do not take the time to.
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  • Profile picture of the author simonandrew89
    [DELETED]
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    • Profile picture of the author Profit Traveler
      Banned
      Originally Posted by simonandrew89 View Post

      The entrepreneur is fundamental to our whole economy and way of life. Taking risks by anticipating needs and bringing good ideas to the markeplace has resulted in the global economic growth unseen at any time in history. Only through great risk can the great rewards come. Innovation and risk-taking is the very essence of the word "entrepreneur".

      Now that was thanks worthy and happy to be the first of many!
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    • Profile picture of the author myob
      Originally Posted by myob View Post

      The entrepreneur is fundamental to our whole economy and way of life. Taking risks by anticipating needs and bringing good ideas to the markeplace has resulted in the global economic growth unseen at any time in history. Only through great risk can the great rewards come. Innovation and risk-taking is the very essence of the word "entrepreneur".
      Originally Posted by simonandrew89 View Post

      The entrepreneur is fundamental to our whole economy and way of life. Taking risks by anticipating needs and bringing good ideas to the markeplace has resulted in the global economic growth unseen at any time in history. Only through great risk can the great rewards come. Innovation and risk-taking is the very essence of the word "entrepreneur".
      We could be twins!
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      • Profile picture of the author Profit Traveler
        Banned
        Originally Posted by myob View Post

        We could be twins!
        Hilarious! I love your style.

        What is really funny is that because it looked a bit generic..no offense I copied it first and put it in Google Search and it did not come up word for word.

        I almost made a joke like great share where did you copy and paste it from but I did not want to offend.
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  • Profile picture of the author George Flm
    Multiple streams of income does the trick.
    Signature

    George Troy Marketing on Youtube

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