1 Million by 25, Rich or Die Starving.

105 replies
Hello, How is everybody doing today?

I have a plan of making my first million by 25 (I am currently 20), and I would like help in the form of advice, your opinions, or any constructive criticism id like to add.

For financial, legal, and personal reasons, I cannot pursue a career in college. I am not "bummed", as I come from a family of self-employed business owners and entrepreneurs. No, they are not ultra-wealthy mastermind millionaires, but they do what they do good, can sustain themselves, and have enough left over to do what they'd like. I've been raised around them and their values / habits / thinking patterns have grown onto me.

Anyways, I have been studying Business, Entrepreneurship, and everything in between, including countless subcategories (Marketing, Inbound / Outbound, Accounting, Statistics, Economics, Trends, Internet Marketing, Operations, SEO, Strategy, Content Creation, Personal Development, Affiliate Marketing, E-Commerce, Social Media, Web Design, Development, & More) for a few months. Theres not really one of these that I'm particularly "focusing on", I just decided to soak up as much knowledge about internet marketing and business as possible before i decided what path to take (I have several options).

These are my options, even though I am probably doing to need at-least 4+ to come up with a million. Please tell me what you guys think, also, take into account that i currently have no source of income and about $30 total. (What would be best to start first, what you think i should know, any tips / advice, your honest opinion) .

- Social Media Marketing / Influencing (Growing large pages, implementing monetization strategies for influencers who don't know how, promoting affiliate products or building a brand and providing an e-commerce website, shop)

- Web Design / Development (Sold to entrepreneurs, companies, local small business owners, I know how to build decent pages through wordpress, know plug-ins, and some other miscellaneous things)

- Affiliate Marketing (CPA / CPS / PPI)

- Blogs (on niches i like, am interested in, probably monetize with ads or promoting affiliate offers, whatever leads the most ROI, accounting time investment, of course).

- Business Solutions (Similar to FileMaker, Using a program that can help organize the infrastructure of a business, maybe turn all the spreadsheets / invoices / shipping / tracking / stock / inventory (or anything they track) into an app, could be sold out as a SaaS)

- FBA (Amazon, Everyone Knows)

- E-Commerce (Growing Shops / Niche shops in things i like, I have a customs broker and previously sold around 100 of those self-balancing scooters when they were "on fire", or shall i say trending, because i heard a lot of them actually caught fire, lol.) I know how to import w/ alibaba / express, establish white/ private label partnerships, clear shipments, and dropship.

- Crowdfunding (I have several physical product ideas in the green and tech space (around 60 but narrowed down to the best 5 that have been "validated" by unbiased opinions). the surveys weren't conducted on my friends, i swear!

- Investing (Stocks, no day trading or swing trading or scalping or any of those goodies, just a personalized portfolio set up for me and my plan).

if any of these go good, i can also:

- Provide mastery courses for what i succeeded in (marketing, e-commerce, funding $, etc)
- Consult / Coach / Mentor in areas i believe i have achieved mastery / success in
- Invest in Start-ups

These are my venture "ideas". As I currently have no $, I was thinking I could start with an ok-paying job to fund them, and can retain it the first couple of months (could be part or full-time, depending on time availability and priorities at time being). I have a few connections that can start me at $15/hour (decent in my location for a 20/yo w/ only a HS diploma) and an insurance life, health, and accident license that could aid in my acquisition of it. NOTE: THIS "JOB" IS TEMPORARY, and will be used to fund a venture until it becomes cash-flow positive or earnings' exceed that of my job.

What should I do? What should I Start? I have an idea of what to do but i'd like to hear some honest opinions.

Please don't state "just go to college for a degree you like" to "get a job in an industry you like or are ok with", I am worth more than building somebody else's dream, and I realized it because I have always had a leader role, been a give all or nothing guy, loved failure (I have accepted it since i was little, since my family told me it was the only teacher ever needed), and also because I don't like the idea of getting myself in debt, having to commit at least half of my life to pay it off, for a paper that increases my chance of employment by x% in an industry that has absolutely no guarantee of any payment, or even employment.
Some of you might say, "theres many industries and jobs that you can get 100k+ / yr salary without a corporate or management position". True, but thats simply not enough. Not enough to live my dreams, solve my problems, or bring my family out of their country and build the things i'd like to. Even if it was "enough", having a job and being paid 100K annually means you're making your employer over $150K. I know my self-worth, and it is not near that of a sheep. My family has always told me I am much better off "creating something" or "starting something", and I believe they are right.

some people might think 1m in 5 years is to much, i think its realistic and plausible. it is also the first benchmark to my life goal, the real starting line.
#die #million #rich #starving
  • Profile picture of the author Rachel Scalise
    1 million by 25 is a great goal and if you put your mind to it I'm sure you can achieve it. It seems like you have a lot of concerns in this post. I am like you, I have a lot of ideas and get stuck on which one I should work on. I mean you only have so much time in a day, right?
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    • Profile picture of the author BigFrank
      Banned
      Originally Posted by Rachel Scalise View Post

      1 million by 25 is a great goal and if you put your mind to it I'm sure you can achieve it.
      Right. Putting your mind to it is all that's required. lol

      Frank
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  • Profile picture of the author Rachel Scalise
    What I would do is narrow down your focus to a few key things that you can focus on. You have to start somewhere. Find out what will give you the most customers and give you the biggest return. Start where you have to start. A great place to start if you have a lot of skills in those areas is Fiverr. On there people pay for those type of skills. Wherever you decide to start just make sure you build a reputation for yourself and be looked to as an adviser in the area your in. Don't worry about investing in startups and other things that will cost you a lot of money up front until you get to the point where you are making the money to do so. Also if your family are entrepreneurs and business owners, talk to them about your ideas. I'm sure they can help you.
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  • Profile picture of the author BigFrank
    Banned
    Originally Posted by DMGWebSolutions View Post

    some people might think 1m in 5 years is to much, i think its realistic and plausible. it is also the first benchmark to my life goal, the real starting line.
    No - your starting line is the fact that you have $30 to your name and the idea that you believe that you are going to parlay that into a million $$ in five years only proves that you have arrived at the right place to get the thoughts from people who will tell you that anything is possible if you just believe in yourself and never stop believing.

    Most of the folks that will sell you this line of total crap have never made the $30 that you currently have, on the Internet, but they are going to tell you how to accomplish it.

    I wish you all the best with that and if I were you I would hold on to that $30. Tightly!

    Frank
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  • Profile picture of the author Rachel Scalise
    While I agree with Frank that you should watch who you trust online, I don't agree that you shouldn't dream big. It's good to be realistic and not expect 1 million overnight, but don't believe that it cannot be done. Two years back I was a server making $400 a week and I got a job knocking doors and selling cable. At first people were like "really? why would you do that?" but I stayed positive and believed that I could do it, every day I improved my skills, every time I got a door slammed in my face I brushed it off and kept going, it's a law of averages game. Then it happened, I pulled in my first paycheck of $1,600 in one week, and started consistently pulling in paychecks like that every week. It took belief that I could. I proved everyone wrong. In fact, people started asking me for a job. People who don't believe in themselves, don't accomplish anything. Knowing your own self-worth is a great start.
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    • Profile picture of the author BigFrank
      Banned
      Originally Posted by Rachel Scalise View Post

      While I agree with Frank
      You should have stopped at this point.

      Dreaming is for losers. :-)

      Frank
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  • Profile picture of the author Kay King
    If you believe you can earn a million in five years - you should be able to DECIDE what sort of business to start. If you can't make a basic decision...if all you can think about is "what's in it for me" and "the money/lifestyle I want"....you will fail big time.

    I come from a family of self-employed business owners and entrepreneurs
    So why are you asking strangers on a marketing forum?

    That's where you start - talk to family - learn what they do - get a REAL LIFE view of what it's like to run a profitable business and what is required to earn money by your own efforts.

    Don't focus on what YOU want or tell family how rich YOU will be. Volunteer to work in some of the family businesses in exchange for REAL LIFE training on how a business is built and what it takes to succeed.
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    Saving one dog will not change the world - but the world will change forever for that one dog.

    I wish offended people would react like fainting goats and quietly tip over.
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  • Profile picture of the author JassiN
    At first I thought it was a joke, but then, when reading your whole post, I think it's possible. You have a clear goal, a good plan to earn money, you have great knowledge from college and you make research on different techniques. I think, just try them out by your best, it's possible!
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    Jassi N- Contributor of Dash Camera Portal

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    • Profile picture of the author Gambino
      Originally Posted by JassiN View Post

      At first I thought it was a joke, but then, when reading your whole post, I think it's possible. You have a clear goal, a good plan to earn money, you have great knowledge from college and you make research on different techniques. I think, just try them out by your best, it's possible!
      What post did you read?

      Here's the thing, is it possible to earn $1,000,000 within 5 years? Sure.

      Is it likely that you'll earn $1,000,000 within the next 5 years? I wouldn't bet on it.

      Here's your main problems:

      1. You only have $30 to start.
      2. You don't have a specific plan.
      3. You don't have any actual skills.
      4. Your mindset is completely out of whack.

      You need to come up with more money to start a business online. Go out, get a job and some life experiences. Learn a tangible skill that you can use and/or market.

      When you're out earning more money to invest, think and research. What value can you provide? People won't just give you money unless you give them something they perceive to be valuable in exchange. Find a market, find a niche, find or create product(s) and come up with a plan to put them in front of your target market.

      Think not how much money you will make or how quickly you will make it. Think how you can give people what they want, a solution to a problem, and they will in turn be happy to pay for it.
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      • Profile picture of the author JassiN
        Originally Posted by Gambino View Post

        What post did you read?

        Here's the thing, is it possible to earn $1,000,000 within 5 years? Sure.

        Is it likely that you'll earn $1,000,000 within the next 5 years? I wouldn't bet on it.

        Here's your main problems:

        1. You only have $30 to start.
        2. You don't have a specific plan.
        3. You don't have any actual skills.
        4. Your mindset is completely out of whack.

        You need to come up with more money to start a business online. Go out, get a job and some life experiences. Learn a tangible skill that you can use and/or market.

        When you're out earning more money to invest, think and research. What value can you provide? People won't just give you money unless you give them something they perceive to be valuable in exchange. Find a market, find a niche, find or create product(s) and come up with a plan to put them in front of your target market.

        Think not how much money you will make or how quickly you will make it. Think how you can give people what they want, a solution to a problem, and they will in turn be happy to pay for it.
        Thanks for pointing out my bad points! Maybe I said so vague, that's why it sounds so unrealistic.

        What I really mean is that,

        1. Yes, that's true. $30 is too little to start up a business. He could try to find some part time jobs to get more income, and invest into something that he's planned for real.
        2. He at least has some basic knowledge about business. He should find what he's interested in the most or most skillful of, consider the good and the bad and the possible to carry out the plan. Well, among things he mentioned, it's best to start with something with less fund requirement, like marketing, or web design. Stock is far from an ideal investment at the moment.
        3. And after realizing what's in number 2, he can try to focus only on it. That's better.
        4. That's why he needs our advice. And I did mess up in the beginning. My bad.

        But, nothing is impossible if one sets his mind. Just do it now.
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        Jassi N- Contributor of Dash Camera Portal

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        • Profile picture of the author BigFrank
          Banned
          Originally Posted by JassiN View Post

          But, nothing is impossible if one sets his mind. Just do it now.
          Many things are impossible, no matter how long one sets their mind to something.

          Stop peddling horse shit.

          Frank
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        • Profile picture of the author tryinhere
          Originally Posted by JassiN View Post

          Thanks for pointing out my bad points! Maybe I said so vague, that's why it sounds so unrealistic.

          What I really mean is that,

          1. Yes, that's true. $30 is too little to start up a business..
          ? Not quite true, as a test and experiment of sorts for others and to prove to myself mainly (that I am not over the hill just yet), I took $100 a few weeks back and over 8 weeks turned it into 2K, the rules were that was the only money I had, I had to pay my stock as well with this / rents etc / take some cash for myself as well. it really was time to buy, sell, haggle as if it were all or nothing.

          And if I were to continue with the experiment I would have turned the next 2K in half that time again and so on and rolled away. During that short experiment I felt like I made more mistakes than I got right, in that every step was a steep learning curve, the experiment to me was very real, every single cent had to be spent properly, I reviewed everything 100 times as to why something did not work, there was no going back, just the longer I went the better it got.

          So people saying you need money, yes they have a point in that it would make life easier, we would all agree on that, but the correct head space will win over every time.

          Could it be done with $30, I would bet my sweet apple pie, Now that does not mean everyone can do it, nor has the right mind frame to do it, you see the OP wrote
          1 Million by 25, Rich or Die Starving
          , and those are easy words to say, but time to step up to the plate and put real meaning into it, is a whole new ball game.
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          | > Choosing to go off the grid for a while to focus on family, work and life in general. Have a great 2020 < |
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          • Profile picture of the author BigFrank
            Banned
            Originally Posted by tryinhere View Post

            And if I were to continue with the experiment I would have turned the next 2K in half that time again and so on and rolled away. During that short experiment I felt like I made more mistakes than I got right, in that every step was a steep learning curve, the experiment to me was very real, every single cent had to be spent properly, I reviewed everything 100 times as to why something did not work, there was no going back, just the longer I went the better it got.
            What a boatload of total crap. Had you done this you'd still be doing it and would have by now perfected your system and would be trying to sell it to everyone, here.

            How stupid do you think we are? Or is this the point where you have people asking you to share your secret which you'll be happy to do for $97. lol

            Frank
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            • Profile picture of the author tryinhere
              Originally Posted by BigFrank View Post

              What a boatload of total crap. Had you done this you'd still be doing it and would have by now perfected your system and would be trying to sell it to everyone, here.

              How stupid do you think we are? Or is this the point where you have people asking you to share your secret which you'll be happy to do for $97. lol

              Frank
              Hello Frank, Not crap buddy, it was not with IM I done the experiment, and I have nothing to prove here, but calling it out as crap, l ?

              well thats your call I just thought you were a little more thoughtful than that, but thats your call and your wrong as I did 100% do what I just wrote, sorry if you do not agree and have a nice day. For the record not sure if I have ever sold here ?

              I did do a short sale thing a while back / years now but just gave it away as good will to help a fellow warrior in the end ? from memory, http://www.warriorforum.com/warrior-...your-copy.html found it here it was for KymW who had kidney problems

              and never looking to sell anything here. never any real desire to

              I do not get into tit fights with people and will just go back and sit quietly and watch, I did not think you would be stupid to make a wrong call, put it that way.
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              | > Choosing to go off the grid for a while to focus on family, work and life in general. Have a great 2020 < |
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              • Profile picture of the author BigFrank
                Banned
                Originally Posted by tryinhere View Post

                Hello Frank, Not crap buddy, it was not with IM I done the experiment, and I have nothing to prove here, but calling it out as crap, l ?

                well thats your call I just thought you were a little more thoughtful than that, but thats your call and your wrong as I did 100% do what I just wrote, sorry if you do not agree and have a nice day. For the record not sure if I have ever sold here ?

                I did do a short sale thing a while back / years now but just gave it away as good will to help a fellow warrior in the end ? from memory, http://www.warriorforum.com/warrior-...your-copy.html found it here it was for KymW who had kidney problems

                and never looking to sell anything here. never any real desire to

                I do not get into tit fights with people and will just go back and sit quietly and watch, I did not think you would be stupid to make a wrong call, put it that way.
                No fight intended, but I'll still call it crap as I maintain that if you could have such success you would be replicating it.

                And why in god's name would you ever think that I would have a more 'open' mind.' With all the crap that is foisted upon poor, unsuspecting people here by the dream merchants, I have been forced to but up a dyke around my mind, lest I be drowned in diarrhea. :-)

                Frank
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                • Profile picture of the author tryinhere
                  Originally Posted by BigFrank View Post

                  No fight intended, but I'll still call it crap as I maintain that if you could have such success you would be replicating it.

                  And why in god's name would you ever think that I would have a more 'open' mind.' With all the crap that is foisted upon poor, unsuspecting people here by the dream merchants, I have been forced to but up a dyke around my mind, lest I be drowned in diarrhea. :-)

                  Frank
                  LOl I agree, I see the crap all of the time here, shysters flogging crap, I cringe daily, Yes I will be replicating it further and better as I move forward, but I have some way bigger fish in my basket at the moment that I am working on, the experiment was in a way that I was tired of people saying something can not be done.

                  Most people will not get it though as you need a strong frame of mind and plenty of experience helps and even with that I still made mistakes, but it was done.

                  Cheers.
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                  | > Choosing to go off the grid for a while to focus on family, work and life in general. Have a great 2020 < |
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  • Profile picture of the author cjsparacino123
    i've read alot on entrepreneurship, i believe it was tai lopez who said it takes about 10 years to become successful, i dont really mean multi millionaire, but profitable. and experience has shown that when you look at the big guys they've been in it for at least 7-10+ years, grant cardone has been in it for 26 years, warren buffett started investing at 10, Alibaba was founded in 1999, (17 years), my father, i asked him how long it took to build his painting business, 10 years he said. Tai lopez says "10 years ago" Matt pocius 7 years. here's another tip from tony robbins, is there a way you can achieve what you want by lowering your standards just a bit so you dont get stressed out but still win in the end anyways?

    My point is, give it 10 years or die trying. Also what i've found is people are willing to pay high sums of money for ROI, find somewhere where you can get someone say 10x their investment with you, make it work really well, then just go spend 12 hours a day selling it. $2k times 500 = 1 million

    I believe in you!!!!!
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  • Profile picture of the author Rafay Zafar
    Most advice you will find on WF and online will be about making money online. However making money is not the same as creating a business. Here are a few ways to check if you are making money or running a business

    1) you have a list of past and present customers
    2) you have a brand name with some equity that can be liquidated
    3) you have employees/team that do most of the work. If you or another employee is replaced, the business will go on.

    It is important for you to decide which way you want to go. Making money online/offline is like a job and much easier than building a business. However, the benefit of having a business is that you build an asset that can be sold for $$$. The other benefit of having a business is absolute control over your income.

    Making Money/trading
    CPA, affiliate marketing, MLM, Reselling and most blogging

    Affiliate marketing is equivalent to having a commission based sales job. You make a commission every time you sell somebody else's product. Note that white-label reselling and some type of blogs can be a business.

    Building a Business
    digital agency, SEO/marketing agency, online store, SAAS app

    When building a business you often hire sales reps who make a commission every time they sell your product/service.

    Investing Money
    stocks, forex, real estate

    This is a completely different category of making money which only works if you already have enough money. When investing you make money by betting on the relative success of established businesses and governments.
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  • Profile picture of the author Oziboomer
    Originally Posted by DMGWebSolutions View Post

    These are my options, even though I am probably doing to need at-least 4+ to come up with a million. Please tell me what you guys think, also, take into account that i currently have no source of income and about $30 total. (What would be best to start first, what you think i should know, any tips / advice, your honest opinion) .
    Hi...this is a true story of how a person I know did turn his last 30 odd bucks into a success.

    Then I'll tell you about the fast and risky way OK?

    I know an artist...a client...who was someone who overstayed their visa and was down to their last bit of money.

    They were intelligent, creative, hardworking and desperate because they had enjoyed their time in Oz but had run out of money. (this is 20 years or so ago)

    Anyway with imminent deportation likely and with only a few dollars left this is what they did.

    Not what I would have done.

    What they did.

    They bought a dozen red roses.

    That night they walked along the alfresco dining areas of the popular restaurants in the entertainment district and they "carefully" approached couples who were dining together.

    They approached the couple and suggested one of the party buy they other a red rose as as a sign of their love and to remember their evening together.

    He sold those roses for $10 each and he paid close to $30 for the dozen earlier that day.

    Now the story doesn't end there.

    The next night he went equipped with three dozen roses and every night there after he added to his business.

    Eventually he established a business which he outsourced to other student visa holders to deliver the roses and in about 2 and an half years he built up a successful rose and photography business which he sold for a tidy profit.

    He avoided deportation...but that is another story.

    He took a risk with his last money.

    He could have ate that money but he chose to go hungry to buy the roses.

    To make money it takes an appetite for risk.

    To turn $30 into $1M.....yes....risk.

    I started my business with a low investment but I borrowed $35K back in 1991 to get going.

    The only way I know to turn $30 into $1M today quickly is as follows.

    You co to the golden triangle or to Afganistan and you buy opium or heroin and you wrap it up in a waterproof pack.

    You swim across a hideously dangerous river or trek through terrible wilderness to bring your cargo to the West.

    Then you cut your haul into thousands of small deals and sell it to helpless drug addicts.

    Alternatively you could chose the moral path of selling roses and grow from there.

    Best regards,

    Ozi
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    • Profile picture of the author BigFrank
      Banned
      Originally Posted by Oziboomer View Post

      Alternatively you could chose the moral path of selling roses and grow from there.
      That's what those of us in the real world refer to as, 'a slow train to nowhere.'

      Frank
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    • Profile picture of the author DMGWebSolutions
      not sure if ur joking ozi, but...

      my dad literally did this flower thing you are speaking of. we came to US as immigrants from colombia where he use to provide yogurts, flowers and strawberries to local stores.
      he came over here and few months of my parents working minimum wage at both mcdonalds and burger king, decided to order a box of 24 bunches of red roses from old supplier, he sent for free because he saw the position we were currently in, relative to being his old business partner. he took it to the corner of the streets and went home with $300 in his pocket.

      10 years ahead, owns b2b open to consumer flower wholesale business and has few million in revenue annually.

      about that drug trade, selling drugs is a business and any business can be scaled. not looking for something easy, i've been there before, and its the reason im here.

      call BS and i'd glady give you the name of his company, and if you're in florida, you probably have bought from him before, or ended up with his flowers (inside walgreens, publix)
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  • Profile picture of the author iAmNameLess
    My advice:

    Get a job. Get another job. Land some side work.

    $30 is a lunch, not seed money for a business. Once you have a serious amount of money to invest, then revisit the idea. Hopefully then, you know what you would want to do.
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    • Profile picture of the author DMGWebSolutions
      apperently i turned that $30 into a few thousand now... cant admit its worth more than the experience it provides but its definately more $ than a job
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  • Profile picture of the author ghost209
    Originally Posted by DMGWebSolutions View Post

    Hello, How is everybody doing today?

    For financial, legal, and personal reasons, I cannot pursue a career in college.
    You can't pursue a career in college? I don't buy it. If you don't want to go to college, that's one thing.. But to say you 'can't' do it, just sounds like an excuse.

    If you don't have money for college, that's no excuse.

    There are many people who came from nothing that put themselves through college. You can apply for a grant, scholarship, or a student loan.

    You can also go to a community school (where most of the time you get the exact same education for substantially less). Community college is cheap. You can pay for it by mowing lawns or doing janitor work.

    If you have a criminal background, that's no excuse.

    I've met criminals who spent years behind bars. They got out, turned their life around, put themselves through college and became successful.

    Hell, there are many education programs where you can even get a degree WHILE you are in prison.

    So again, that's no excuse.


    If you have a physical disability/handicap, that's no excuse

    There are thousands of stories of people out there who overcame odds and got a degree.

    As much as I don't like Charles Krauthammer (commentator on Fox News). The guy has an amazing story.


    Charles Krauthammer is a Pulitzer Prize winning syndicated columnist, best selling author,
    and appears on countless news and tv shows.

    What most people don't realize is that he's paraplegic. (which is why you only see his top half on tv.. he's in a wheelchair at all times and can't use the rest of his body).

    When he was younger, he was involved in a tragic accident. He jumped into a pool, landed on his neck, and became paralyzed. And despite the crazy circumstances, he ended up putting himself through Harvard and graduating.

    He would lay out on the ground in class, and got other people to turn the pages of his book for him.

    Or look at Nick Vijucic.. His story is AMAZING.

    So again.. Even if you face physical limitations and hardships.. There's no reason why you can't go to college and pursue a career.

    So get rid of the excuses!


    Yes, if you have a passion to be an entrepreneur and really want to make money online.. it can be done. Yes, it's possible to go from nothing to make over a million dollars in less than 5 years.

    But you have to first ditch the excuses. 2nd you have to be willing to do whatever it takes.

    And the fact that you aren't willing to get a job, in order to get money that you can invest into your business and education, tells me that you aren't serious enough.

    Because if you were serious, you would be willing to do WHATEVER IT TAKES.

    (Even if that meant scooping up dog poop, mowing lawns, working 2-3 jobs at once, or going door-to door selling vacuums until 9pm at night)
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    • Profile picture of the author Ron Lafuddy
      Originally Posted by ghost209 View Post

      or going door-to door selling vacuums until 9pm at night)
      You had me, right up til this.

      Everybody knows it's not possible.
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    • Profile picture of the author Claude Whitacre
      Originally Posted by ghost209 View Post


      (Even if that meant scooping up dog poop, mowing lawns, working 2-3 jobs at once, or going door-to door selling vacuums until 9pm at night)
      You make it sound like a bad thing. I made several million dollars over 35 years, doing just that.
      Signature
      One Call Closing book https://www.amazon.com/One-Call-Clos...=1527788418&sr

      Terence Fletcher: "There are no two words in the English language more harmful than Good Job." Whiplash.
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      • Profile picture of the author Ron Lafuddy
        Originally Posted by Claude Whitacre View Post

        You make it sound like a bad thing. I made several million dollars over 35 years, doing just that.
        Bet it didn't cost much for you to get started in the business, either.

        Just about anyone can turn their situation around by learning how to sell.
        If the OP were serious, he/she could hit that million dollars in Less than 5 years.

        That's a fact.

        Ron.
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        • Profile picture of the author animal44
          Originally Posted by Ron Lafuddy View Post

          Just about anyone can turn their situation around by learning how to sell.
          If the OP were serious, he/she could hit that million dollars in Less than 5 years.

          That's a fact.
          So when did you make your first million...?
          Signature

          People say nothing is impossible, but I do nothing every day.
          What I do for a living

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          • Profile picture of the author Oziboomer
            Originally Posted by animal44 View Post

            So when did you make your first million...?
            Done it a few times...I've enjoyed it... but then my ex wives have enjoyed it more.

            Anyway...here's a link to a fellow warrior who has a different take on the "million dollar" idea.

            Bill has been there and done that and...

            ...well you might read or listen to his story if you think $1MM is your real goal.

            Ultimate Money Mindset: The 2X Method by Bill Stacy – Financial Freedom Is Closer Than You Think

            Oh...hope Frank's van isn't on one of those rivers that rises quickly...seen too many of those get washed away....bloody global warming.

            Best regards,

            Ozi
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            • Profile picture of the author BigFrank
              Banned
              Originally Posted by Oziboomer View Post

              Oh...hope Frank's van isn't on one of those rivers that rises quickly...seen too many of those get washed away....bloody global warming.
              I would have thought that you would know that any van that I owned would be equipped to handle land, sea and air as well as intergalactic travel.

              Frank
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              • Profile picture of the author DABK
                Frank, relax. The OP is way ahead of the curve. When I was 20, I did not have even the $30 he has but had a dream to have my million by the time I'd turn 25. Actually, it was not a dream, it was a plan. I called it so. And it was not to be a millionaire, it was bigger. I was to be so rich I'd be done with earning money. I'd be spending all my time on yachts and in casinos and on the French Riviera.

                Kid you not, my yacht had a name, 10 rooms, bamboo hardwood floors with teal inlays. It was a thing of beauty.

                Look at me now. I now have 30 bucks and within the year, I shall be a millionaire by the time I turn 60. So, I'm 40 years off, so what?

                Well, the kid's starting with 30 bucks, he is, therefore, waaay ahead of me. Don't that count for something?

                Kid, divide the million by the price of whatever it is you are going to sell. If you can sell that many in the time frame you allotted for yourself, congratulations, you have made the million in gross revenue.

                Now deduct expenses and taxes from that million and multiply the thousands of things by 10. That's how many you need to sell if you're to have your million profit (assuming you get 10% as profit).

                Now, go find something you can sell in those large numbers in that little time and figure out how you're going to sell. Then get to work.

                I'll do some math for you:
                You're going to sell $1,000 TV sets (Why? Why not? Plus at $1,000 a pop, you don't need to sell too many and I don't have to break my brain with the arithmetic I'm about to do.)

                1,000,000/10=10,0000. This says you need $10,000,000 in gross revenue.

                10,000,000/1,000= 10,000. This says you've got to sell 10,000 TV sets at 1,000.

                10,000/5=2.000. This says you've got to sell 2,000 TV sets at 1,000 each year for the next 5 years. That's a measly 400 TV sets at $1,000 a year or just a bit more than 1 a day.

                All you that's left for you to do now is find someone to sell you TV sets for so low that after your overhead and taxes you're left with $100 every time you sell one and

                a source of funds to buy them and

                a way to sell them and to deliver them and to collect the money and deal with customers (you may want to pay extra attention to the dissatisfied ones). Easy peasy. Piece of cake. See Frank, it's possible! I already feel the weight of the million dollar bills in my bank account, and I only got started!




                Originally Posted by JassiN View Post

                Thanks for pointing out my bad points! Maybe I said so vague, that's why it sounds so unrealistic.

                What I really mean is that,

                1. Yes, that's true. $30 is too little to start up a business. He could try to find some part time jobs to get more income, and invest into something that he's planned for real.
                2. He at least has some basic knowledge about business. He should find what he's interested in the most or most skillful of, consider the good and the bad and the possible to carry out the plan. Well, among things he mentioned, it's best to start with something with less fund requirement, like marketing, or web design. Stock is far from an ideal investment at the moment.
                3. And after realizing what's in number 2, he can try to focus only on it. That's better.
                4. That's why he needs our advice. And I did mess up in the beginning. My bad.

                But, nothing is impossible if one sets his mind. Just do it now.
                Originally Posted by BigFrank View Post

                I would have thought that you would know that any van that I owned would be equipped to handle land, sea and air as well as intergalactic travel.

                Frank
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                • Profile picture of the author BigFrank
                  Banned
                  Originally Posted by DABK View Post

                  See Frank, it's possible! I already feel the weight of the million dollar bills in my bank account, and I only got started!
                  The weight you are feeling is that load of doo-doo in your undies. lol

                  Frank
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                  • Profile picture of the author DABK
                    Can't be, Frank: my dream is too beautiful!

                    I forgot to mention in the previous post, my future yacht was so beautiful, my plan did not call for any steps for me to take to acquire the riches I dreamt of.

                    But, damn, that yacht sure looked good in my mind. I bet it would of been worth at least $10,000,000 had it been real.

                    Originally Posted by BigFrank View Post

                    The weight you are feeling is that load of doo-doo in your undies. lol

                    Frank
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                    • Profile picture of the author Steel Flexington
                      Originally Posted by DABK View Post

                      Can't be, Frank: my dream is too beautiful!

                      I forgot to mention in the previous post, my future yacht was so beautiful, my plan did not call for any steps for me to take to acquire the riches I dreamt of.

                      But, damn, that yacht sure looked good in my mind. I bet it would of been worth at least $10,000,000 had it been real.
                      Ignore him, just a miserable troll.
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                      • Profile picture of the author DABK
                        Nah. Just a finer sense of humor. Plus he missed the tone of what I said.

                        Next time, I'll put an extra serving of tone.


                        Originally Posted by Steel Flexington View Post

                        Ignore him, just a miserable troll.
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                    • Profile picture of the author animal44
                      Good to see you haven't starved to death after all...!
                      Signature

                      People say nothing is impossible, but I do nothing every day.
                      What I do for a living

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                  • Profile picture of the author Justin Shively
                    To the OP: The biggest piece of advice you can get is to never, ever lower your goals no matter what losers like "Big" Frank want to tell you. He's become jaded over the years because he's failed so often in his life that he no longer has any hope. He's quit pursuing his dreams, and you should never take advice from a quitter.

                    Can you make a million dollars by the age of 25? Of course. You should start by reverse engineering your success. If you have 5 years to do it, it means you need to earn $547 every day. Once you start thinking in those terms, you'll figure out the best way for you to make $547 a day. It'll will take a lot of hustle and 16 hour work days. If you truly want to make the commitment, you'll miss out on having the fun that your friends are having. But once you choose your lane, commit to taking action every single day to get toward your goal, and put in the hustle, it will all be worth it.
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                    • Profile picture of the author BigFrank
                      Banned
                      Originally Posted by Justin Shively View Post

                      To the OP: The biggest piece of advice you can get is to never, ever lower your goals no matter what losers like "Big" Frank want to tell you. He's become jaded over the years because he's failed so often in his life that he no longer has any hope. He's quit pursuing his dreams, and you should never take advice from a quitter.
                      Ouch. My secret is out. Actually, I committed suicide years ago, but I'm such a total loser no cemetery would take my body.

                      I would have responded sooner but I drove down to Cape May in my BMW convertible to have lunch and then drove home.

                      How did you spend your day? Looking for your fist IM dollar?

                      What a total douche bag. lol lol lol

                      Frank
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                      • Profile picture of the author Ron Lafuddy
                        Originally Posted by BigFrank View Post

                        Ouch. My secret is out. Actually, I committed suicide years ago, but I'm such a total loser no cemetery would take my body.
                        Yes. This makes perfect sense to me. I couldn't figure out how you were still able to communicate with the forum, but I channeled Jonathan 2.0, and the answer was provided.


                        You, Frank... are sharing Claude's brain, which is quite small actually and contains a fair amount of vacuum lint, furballs and dustbunnies. This "sharing arrangement"could also explain why you and Claude never appear together, in the same thread, at the same time.

                        I am one who notices these things and have been keeping track. All in the name of science, you understand. Science has also determined that Claude's brain is shrinking, Frank, due to under-use.

                        You've got to get out of there, while there's still time.

                        Run! Run into the light, Frank! It's the only way!!
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                      • Profile picture of the author animal44
                        Originally Posted by BigFrank View Post

                        I would have responded sooner but I drove down to Cape May in my BMW convertible to have lunch and then drove home.
                        Well, there you go... Proves you're a total tosser... Anyone who drives a BMW is a total tosser...

                        I walked to lunch. Starter was a kiss from a cute 23 year old. And she even paid for lunch. Nice to know I've still got it...
                        Signature

                        People say nothing is impossible, but I do nothing every day.
                        What I do for a living

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                        • Profile picture of the author eccj
                          Originally Posted by animal44 View Post

                          Well, there you go... Proves you're a total tosser... Anyone who drives a BMW is a total tosser...

                          I walked to lunch. Starter was a kiss from a cute 23 year old. And she even paid for lunch. Nice to know I've still got it...
                          Are you sure lunch wasn't included in the package?
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                      • Profile picture of the author Justin Shively
                        Originally Posted by BigFrank View Post

                        Ouch. My secret is out. Actually, I committed suicide years ago, but I'm such a total loser no cemetery would take my body.

                        I would have responded sooner but I drove down to Cape May in my BMW convertible to have lunch and then drove home.

                        How did you spend your day? Looking for your fist IM dollar?

                        What a total douche bag. lol lol lol

                        Frank
                        Lololololol.

                        I spent my day working on the business I started 3 months ago. I spend my days hustling in ways you can't imagine. I wouldn't be satisfied driving my BMW convertible to Cape May. What a waste of a Tuesday.

                        It sounds like I really hit a nerve. Why do I get the feeling that "Big Frank" is one of those ironic nicknames, like a fat guy you call "Tiny." Definitely seems like you're compensating for something.
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                        • Profile picture of the author BigFrank
                          Banned
                          Originally Posted by Justin Shively View Post

                          Lololololol.

                          I spent my day working on the business I started 3 months ago. I spend my days hustling in ways you can't imagine. I wouldn't be satisfied driving my BMW convertible to Cape May. What a waste of a Tuesday.

                          It sounds like I really hit a nerve. Why do I get the feeling that "Big Frank" is one of those ironic nicknames, like a fat guy you call "Tiny." Definitely seems like you're compensating for something.
                          Sorry. I can't hear you. My ears are filled with water.

                          Enjoy working. You'll be doing it until the day you die, loser. lol

                          Frank

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                          • Profile picture of the author Justin Shively
                            Originally Posted by BigFrank View Post

                            Sorry. I can't hear you. My ears are filled with water.

                            Enjoy working. You'll be doing it until the day you die, loser. lol

                            Frank

                            Another wasted day. I'm sorry that you've settled. Sad.

                            It also strikes me that this is the first time I've ever seen a person called a "loser" for working. I think that says a lot about you.
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                            • Profile picture of the author BigFrank
                              Banned
                              Originally Posted by Justin Shively View Post

                              Another wasted day. I'm sorry that you've settled. Sad.

                              It also strikes me that this is the first time I've ever seen a person called a "loser" for working. I think that says a lot about you.
                              Yeah, it says retirement. Something you'll never experience.

                              Yeah, I know retirement is for losers and it's something you'll never do. People who never can retire, always say that. lol lol lol

                              Would love to stay and chat but my baby back ribs are finished grilling.

                              Enjoy the rest of your day, slaving away, peon. :-)

                              Frank
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                              • Profile picture of the author Justin Shively
                                Originally Posted by BigFrank View Post

                                Yeah, it says retirement. Something you'll never experience.

                                Yeah, I know retirement is for losers and it's something you'll never do. People who never can retire, always say that. lol lol lol

                                Would love to stay and chat but my baby back ribs are finished grilling.

                                Enjoy the rest of your day, slaving away, peon. :-)

                                Frank
                                I don't think you know what a "peon" is. I run a profitable company with employees and everything. Better yet, I don't even have to report to anyone! A "peon" is an unskilled worker or a person with a low rank. Nice try though, Little Frank.

                                By the way, for a retired person living such a relaxed and enjoyable life, you sure do waste a lot of time on a message board. And this community seems to be full of people who have goals, who want to be productive, and who want to work hard in the pursuit living their dreams. Your message is all about relaxing, taking it easy, wasting hours of a weekday driving a mediocre car somewhere to eat lunch, and then bragging about it. You just don't fit in.
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                                • Profile picture of the author BigFrank
                                  Banned
                                  Originally Posted by Justin Shively View Post

                                  I don't think you know what a "peon" is. I run a profitable company with employees and everything. Better yet, I don't even have to report to anyone! A "peon" is an unskilled worker or a person with a low rank. Nice try though, Little Frank.

                                  By the way, for a retired person living such a relaxed and enjoyable life, you sure do waste a lot of time on a message board. And this community seems to be full of people who have goals, who want to be productive, and who want to work hard in the pursuit living their dreams. Your message is all about relaxing, taking it easy, wasting hours of a weekday driving a mediocre car somewhere to eat lunch, and then bragging about it. You just don't fit in.
                                  Posting here is nothing more than than a respite from the boredom of retirement. You can't spend every minute driving a mediocre car and lallygagging in the lake, although I'm sure if you had the chance, you'd love to find out. lol lol lol

                                  That said, I'm back from my drive and now it's off to the lake for a couple of hours before picking up my dog at daycare.

                                  And - I did have it right, you are a peon. Having a dog resting at your feet while you slave away in an effort to make $10 for the day is NOT actually "having an employee and everything."

                                  Keep working at being 'successful' - some year you'll get there - - - - - - and don't hate me because I'm beautiful. I never asked for it.

                                  Frank
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                                  • Profile picture of the author Justin Shively
                                    Originally Posted by BigFrank View Post

                                    Posting here is nothing more than than a respite from the boredom of retirement. You can't spend every minute driving a mediocre car and lallygagging in the lake, although I'm sure if you had the chance, you'd love to find out. lol lol lol

                                    That said, I'm back from my drive and now it's off to the lake for a couple of hours before picking up my dog at daycare.

                                    And - I did have it right, you are a peon. Having a dog resting at your feet while you slave away in an effort to make $10 for the day is NOT actually "having an employee and everything."

                                    Keep working at being 'successful' - some year you'll get there - - - - - - and don't hate me because I'm beautiful. I never asked for it.

                                    Frank
                                    So not only do you struggle with the meaning of simple words, but you don't know how to use quotation marks. You see, when you use quotation marks, the text between them has to be taken verbatim (since you struggle with English, verbatim means exact) from the original text. I have multiple employees...even a full-fledged office! Crazy. Also, my minimum fee is $850, so not a day goes by that I make $10. Enjoy nothingness, quitter.
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                                    • Profile picture of the author BigFrank
                                      Banned
                                      Originally Posted by Justin Shively View Post

                                      Enjoy nothingness, quitter.
                                      I'm enjoying the hell out of it, loser. lol

                                      Frank

                                      P.S. These are quotation marks, "moron." lol
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                  • Profile picture of the author MValmont
                    I can't believe BigFrank is not banned yet.

                    The guy brings absolutely ZERO value on this forum. He his highly negative because he clearly failed to make a lot of money and he comes here to try to bring everybody down with him.

                    What he doesn't realize (sadly), is that it is not the system that doesn't work, but his weak mind.

                    The mind is weak... You just have to read the posts to realize it. I don't understand why this negative attitude is allowed on a forum like this.

                    I would ban these people so fast their head would spin.


                    Rule of thumb for people under 25: Don't listen to people with thousands of posts on a forum, they lack the execution. If they actually worked instead of posting this much, they would have made money.
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                    • Profile picture of the author BigFrank
                      Banned
                      Originally Posted by MValmont View Post

                      I don't understand why this negative attitude is allowed on a forum like this..
                      One man's 'negative attitude' is another man's 'voice of reason.'

                      You have no idea how many businesses I have run, on and off-line and how much money I have made in 50+ years of working. If you did, you'd be singing a different tune.

                      That said, your post was more negative than anything I have written. lol

                      Frank
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                      • Profile picture of the author MValmont
                        Originally Posted by BigFrank View Post

                        One man's 'negative attitude' is another man's 'voice of reason.'

                        You have no idea how many businesses I have run, on and off-line and how much money I have made in 50+ years of working. If you did, you'd be singing a different tune.

                        That said, your post was more negative than anything I have written. lol

                        Frank
                        Don't try to impress me. Everybody knows that a guy that is 55 + and hang out on a forum because he did not take action younger is not a good role model. Every body agrees with this.

                        Do you know how many people PM me every time I make fun of you here? A lot.

                        PS: you still say LOL at your age. This tells us the kind of maturity you have.

                        Let the younger people thrive my friend, it is not their problems if you are full of regrets.

                        PS2: I know you will act like you are not affected by this last line, but I know deep down it hurts
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                        • Profile picture of the author BigFrank
                          Banned
                          Originally Posted by MValmont View Post

                          Don't try to impress me. Everybody knows that a guy that is 55 + and hang out on a forum because he did not take action younger is not a good role model. Every body agrees with this.

                          Do you know how many people PM me every time I make fun of you here? A lot.

                          PS: you still say LOL at your age. This tells us the kind of maturity you have.

                          Let the younger people thrive my friend, it is not their problems if you are full of regrets.

                          PS2: I know you will act like you are not affected by this last line, but I know deep down it hurts
                          Yes, you're right. Everything you say is true. You can see right through me.

                          Time for the Drano cocktail. lol lol lol

                          Frank
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      • Profile picture of the author ghost209
        Originally Posted by Claude Whitacre View Post

        You make it sound like a bad thing.
        Yes, and that's because it IS to most people.

        I'm not knocking door to door sales. I've done it in the past and if times got tough, I'd do it again.

        But let's be honest, most people are scared shitless thinking about going door to door.

        They fear rejection, and many people would rather face the Grim Reaper himself then a stranger's door.

        So my point is that if the guy was serious about his business he would be willing to do WHATEVER it took.

        Even if that was something that made him uncomfortable and made him face his fears.
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  • Profile picture of the author tryinhere
    Have not seen the OP back here yet, but edging on the caution side, a fair guess based on the OP's first few posts, that he / she is could be nothing more than a paid forum poster at best.

    His first posts, http://www.warriorforum.com/main-int...#/post10265551 and http://www.warriorforum.com/main-int...#/post10268189 are inclined to say he is looking to make money out of web sites, next he / she is an expert in making sites with a partner http://www.warriorforum.com/website-...#/post10352443 next well we are a near expert telling people how to skin cats http://www.warriorforum.com/offline-...e-streams.html and now of to make money on a shoe string budget by tomorrow http://www.warriorforum.com/member-c...#/post10771564

    all of this knowledge gained in a few days ? sure

    Even this OP asks more questions than has answers, the whole war and peace intro, but wait I do not know what to do, please wipe my bum, then the, don't tell me how to wipe my bum story.

    Can not wait to see the follow my results here post (which I think is banned / but who knows with the stupid rules changing almost daily)
    Signature
    | > Choosing to go off the grid for a while to focus on family, work and life in general. Have a great 2020 < |
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  • Profile picture of the author facku9912
    You should focus on one thing only and start dig deeply in it
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  • Profile picture of the author animal44
    Just in case the OP is genuine or anyone else reading this wants to know, here's how to make a million dollars in 6 months with no capital, business or inventory:

    Signature

    People say nothing is impossible, but I do nothing every day.
    What I do for a living

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    • Profile picture of the author BigFrank
      Banned
      Originally Posted by animal44 View Post

      Just in case the OP is genuine or anyone else reading this wants to know, here's how to make a million dollars in 6 months with no capital, business or inventory:
      Another giant boatload of absolutely nothing. If you believe that woman made 1.3M doing that, Mr. Abrams has a seminar he wants to sell you. lol

      Even if true, what does it prove. It proves that even in the business world, people can be struck by lightning.

      A sound business model? No. A pipe dream? Obviously.

      Frank
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      • Profile picture of the author animal44
        Originally Posted by BigFrank View Post

        Another giant boatload of absolutely nothing. If you believe that woman made 1.3M doing that, Mr. Abrams has a seminar he wants to sell you. lol
        Given that the audience was already at a paid seminar...

        I do much the same as my main source of income - a little different than described, nonetheless...

        My first protege started last November and topped the million last month...

        Just because you can't do it...
        Signature

        People say nothing is impossible, but I do nothing every day.
        What I do for a living

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        • Profile picture of the author BigFrank
          Banned
          Originally Posted by animal44 View Post

          My first protege started last November and topped the million last month...
          And I believe you as much as I believe him. :-)
          Just because you can't do it...
          Of course I can. I believe. Isn't that all that's required. lol

          Frank
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          • Profile picture of the author animal44
            Originally Posted by BigFrank View Post

            And I believe you as much as I believe him. :-)
            That's why you live in a van down by the river...
            Originally Posted by BigFrank View Post

            Of course I can. I believe. Isn't that all that's required. lol
            No. You need the WSO as well...
            Signature

            People say nothing is impossible, but I do nothing every day.
            What I do for a living

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            • Profile picture of the author BigFrank
              Banned
              Originally Posted by animal44 View Post

              That's why you live in a van down by the river...
              True, but it's an incredible van, parked next to a majestic river.
              No. You need the WSO as well...
              Well, of course. I saw no need to state the obvious. lol

              Frank
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  • Profile picture of the author desley
    Wow, what an interesting thread!!! Some of it goes from the sublime to the ridiculous, but hey, it sure is worth the read!!!

    My 2 cents worth:

    So you don't want to go to college and you don't want to get a day/evening job. Um, guess what lots of people actually enjoy the work they do and some of them are highly successful entrepreneurs on the side. So first up:

    * Get a day job, even if it is part time or casual to build on the $30 you have in the kitty.
    * If you come from a family of entrepreneurs, then talk to the family. Who knows, you may be able to initially provide a 'service' to the family business which incorporates online stuff; if you've been crash coursing your way through the online maze; so pick an area you're interested in and then go ask the fam if they need this to enhance their own business and would they be willing to pay you for your efforts - be realistic, afterall it's family. Or alternatively do the stuff for free for your family so you can start a portfolio of happy customers.
    * Gradually build your reputation - i.e. with family, then with external clients.

    Cost: time and effort. If you only have $30 I'm assuming you already have your living costs accounted for and sorted.

    Once you have sorted out this and you've put together a portfolio and starting of a good reputation, head over to the outsourcing platforms and offer your services on these platforms to further build your reputation. Cost: free to join; time and effort to do properly.

    Then once you have some more consistent income coming in consider developing a website etc. to promote your own product/services.

    Maybe the long way of going about things, however, by the time you get to developing stuff on your own, you'll hopefully understand that the customer comes, first, second and last and it is about meeting the customers needs rather than trying to make a buck or two or a million dollars etc. etc. The money will flow if your attitude is right.

    You might also care to ask your family how to develop a business plan and a financial plan to support and assist your endeavours.

    So you don't like working for others. Well online businesses are that you are working for others, so get with the programme and stop downing anyone who exchanges their time or a pay packet, because they could be your next clients!!!!! Because they're the ones who have the dollars you currently lack.

    Hope this assists.
    Signature
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    • Profile picture of the author BigFrank
      Banned
      Originally Posted by desley View Post

      The money will flow if your attitude is right.
      More of the same. :-)

      Frank
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  • Profile picture of the author Ron Lafuddy
    Originally Posted by DMGWebSolutions View Post

    I have a plan of making my first million by 25 (I am currently 20), and I would like help in the form of advice, your opinions, or any constructive criticism id like to add.


    Please tell me what you guys think, also, take into account that i currently have no source of income and about $30 total. (What would be best to start first, what you think i should know, any tips / advice, your honest opinion)
    Yes, it just takes a willingness to go ahead and do it.

    A guy I know, started repairing bikes out of his garage part time.

    Cost? A few bike tools and his time.

    He put out the word thru local relief agencies and churches, that he was looking for used bike and bike part donations, so that he could build bikes for the homeless.

    Got lots of local media coverage, at ZERO cost.

    The donations filled his garage, shed and basement area of a community center.

    Fast forward a couple of years and he has a full time shop, selling new and used bikes. He still builds and donates bikes for the homeless. Still gets full media coverage at no expense. Has no competition with this marketing strategy.

    He built his customer list from those who donated bikes. They (and their referrals) became buyers later on.

    As a test, I taught a couple of people how to "clean" cloudy, oxidized headlights, for some part time income.

    Cost for materials: Under $20

    One guy is still doing it. He has a route of several repair shops that he services and a couple of car lots. He is retired and lazy as hell. Won't "work" more than a couple of hours a day and still pulls in $400 - $500 in cash each week, which is all that he wants.

    He has NO COMPETITION. I showed him how he could triple his income, without working more hours. He yawned and politely told me "not interested." And so, an entire market with a huge potential, goes under-served.

    What's new?

    Again and again, I've found the opportunity always outweighs the willingness of people to take advantage of it.

    $30 will get you started. Where you go from there is entirely up to you.

    Lest we forget, this guy made his fortune selling of all things, potato peelers

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    • Profile picture of the author BigFrank
      Banned
      Originally Posted by Ron Lafuddy View Post

      I showed him how he could triple his income, without working more hours. He yawned and politely told me "not interested." And so, an entire market with a huge potential, goes under-served.
      Now there's a man to be admired. Found his comfort-zone, is not focused on how much money he could make above all else in life and 'politely' told you he was not interested in making more money.

      That, my friends, is a true success-story.

      Frank
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      • Profile picture of the author Ron Lafuddy
        Originally Posted by BigFrank View Post

        Now there's a man to be admired. Found his comfort-zone, is not focused on how much money he could make above all else in life and 'politely' told you he was not interested in making more money.

        That, my friends, is a true success-story.

        Frank
        Yeah, it's his choice. The opportunity is there and he has the network.
        He lacks something that I can't provide and that is motivation.

        Same with the OP. How motivated is he?

        And Frank...put that peashooter down and smile a little. It's a nice day.

        Ron
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        • Profile picture of the author BigFrank
          Banned
          Originally Posted by Ron Lafuddy View Post

          Yeah, it's his choice. The opportunity is there and he has the network.
          He lacks something that I can't provide and that is motivation.
          He doesn't require any motivation. He has found what he wants for his life, without feeling the need to live up to anyone else's expectations. You should be thrilled for him, yet you seem disappointed that he is 'missing the boat.'
          Same with the OP. How motivated is he?
          No way of knowing, and motivation is just one small piece of a very large and complex puzzle, regardless of how easy that many here want to make it sound. The formula is relatively simple. The implementation is complex, multi-layered, oftentimes overwhelming and does not assure you of anything, regardless of how much one 'believes.'

          And Frank...put that peashooter down
          Was not taking pot shots. lol

          and smile a little. It's a nice day.

          Ron
          I'm smiling, ear to ear. So far today I have gone out for a delicious brunch with my loving sister, took a two-hour ride with the top down in the Bimmer and spent three hours in the lake, which is my back yard.

          Life is good.

          Frank
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          • Profile picture of the author Ron Lafuddy
            Originally Posted by BigFrank View Post

            I'm smiling, ear to ear. So far today I have gone out for a delicious brunch with my loving sister, took a two-hour ride with the top down in the Bimmer and spent three hours in the lake, which is my back yard.

            Life is good.
            Excellent!

            I'm glad you had some company today and enjoyed yourself.

            When I talked to Claude, he told me that you were part human.

            When I asked him,"which part?" He couldn't tell me.

            You know, just between you an me...there's something about that guy...

            Anyway, I'm heading out for some BBQ, my friend.

            Enjoy your evening.

            Ron
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          • Profile picture of the author jdjenkins
            I think it's good when someone feels they have found an ideal lifestyle like that. I also think it's worth trying to earn a hell of a lot more than you can spend. That way, you are able to help other people - charities need plenty of rich people!

            Originally Posted by BigFrank View Post

            He doesn't require any motivation. He has found what he wants for his life, without feeling the need to live up to anyone else's expectations. .......

            Frank
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            • Profile picture of the author BigFrank
              Banned
              Originally Posted by jdjenkins View Post

              I think it's good when someone feels they have found an ideal lifestyle like that. I also think it's worth trying to earn a hell of a lot more than you can spend. That way, you are able to help other people - charities need plenty of rich people!
              Everyone's expectations in life are different. While your outlook is laudable and right for you, if it does not comport with someone else's choice for their life, all you can do is respect their decision.

              There are some people that devote their lives to assisting charities and others that will not do so even once. Simply a personal decision that shouldn't be judged as good or bad - right or wrong.

              We all have our own path to follow and as long as we are not intentionally hurting others, it should not be of any concern to anyone else. That's called, life, liberty and the pursuit of happiness.

              Frank
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  • Profile picture of the author ivanadee
    Choose one that interests you and focus until you make it
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  • Profile picture of the author visimedia
    Hi 20 yo kid that's on fire. I like your goal & spirit!

    1st thing, big goal is awesome, me too I've a big goal, it's free to dream big. Like what Christiano ROnaldo told the press before he won the euro cup title.

    In short, u need to be able to make your first $100 quickly, n then $500, n so on.
    You can dream anything easier, n lighter, n step by step.

    Goal is really a dream with action plan & time bound.

    Regardless of your vehicle, cpa, affiliate, ecommerce, info products, MLM, fx, etc... try to do it the way I told you prior.

    Good luck n thx me later.
    =)
    Signature

    Waktunya belajar trading investing fokus hasil : https://1click.trade
    https://ulasku.com

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  • Profile picture of the author GTC1187
    I agree with Frank. I'm not saying it's impossible to earn 1M in five years, and I don't believe he is either.
    But for a broke 20 y/o dreamer with no skills, there is precious little hope.
    Encouraging him to continue in instability will destroy him one way or another.
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    • Profile picture of the author DMGWebSolutions
      destroy me? worst case scenario i face failure head on, the best and only teacher u need..

      i've failed a few business ventures prior, the only day more important than the day you started is the day you realized you failed and why, because now you know what to do.
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  • Profile picture of the author GordonJ
    The way to achieve this is:

    Acknowledge that the million will come in the fifth year.
    The million will come when you sell your business.

    What business?

    One that someone else places a million dollar value on. It is not market value, not just numbers, like you see on the shark tank, not about sales (although you must have them)...it is about

    PERCEPTION.

    An investor has to see POTENTIAL. He will understand you are an idiot in your execution of your business and lack real talent and ability. What do you care what he thinks of you if he gives you the million bux, eh?

    So, with the end in mind, what sort of person invests only a million (a very small sum of money, pocket change really, in the investment world)...

    What does THAT person look like? What would be your ideal avatar of someone with a mil cash to buy your business? Forget about WHAT business for now, focus on your perfect target market.

    ONE person with the money to invest, seeking investment opportunity, has a track record of buying businesses in your area and/or, today, online businesses.

    OK, this Freelancer forum, was an ACQUISITION, one of several Freelancer has made the last few years. This, a paltry 3.2 million (paltry compared to the 7.5 million cash deal they paid for escrow.com)...

    can serve as your MODEL.

    Locally, you have many businessmen and women, some of them own multiple McDonalds or Taco Bells, some are diversified...

    One of my old mentors had gift shops, oil wells, restaurants, card shops, horses, real estate. And he would routinely spend a million to buy POTENTIAL (his name was Ed Barr).

    SEE? Successful serial Entrepreneurs look for potential, and usually know they have more in house expertise, especially in marketing than the small mom and pop business who just don't know how to expand, but momma and poppa (especially momma!) do understand cash.

    So what to do?

    #1- Become an expert on your area. WHO are the Entrepreneurs? One great way to find them is to get to know S.C.O.R.E, and your BBB CoC. Look for past members, recently retired.

    What are these guys doing now? Who took over their businesses?

    #2- Subscribe to news feeds, local as possible, for business transactions, sales, takeovers, buyouts. Here, I get everything in Northeast OHIO, although there is plenty of action just in Stark and Summit counties.

    #3- See what businesses are quickly sold for or near the asking price. This is ONE way to find demand. Go back five years, was the demand for a ______ business strong, is it an evergreen business?

    Now, you've been given bad advice here, maybe even jeered at, or encouraged to follow your dream. What you can or can't do is up to you.

    As for the type of business...what does it matter if your plan is to sell it?

    You might be able to take over an existing business and pay for it out of profits and then sell it for the million bux in 5 years, while making a living working and becoming expert in the business (tow truck driver for example).

    In the meantime, take classes, online for free or local at SCORE and other places, join networks of businesses.

    One final example. There are guys here at the forum in the PRINT business, in spite of all the bad news about newspapers, the DEMAND for print, just look at political yard signs in the coming months...

    and you'll see it is a great business. One segment is POSTCARDS and FLYERS...all and any ADVERTISING vehicles are great...

    And in these businesses, NUMBERS are what grab attention.

    Allen Says made 3 million bux when he sold this forum to Freelancer, because he had almost a million subscribers.

    Freelancer used those numbers to add to their user totals which made for attracting some attention in the Aus Stock Market.

    You could start an advertising business. Use EDDM, build up numbers of mailings, and keep it going for five years while earning a living and if you do what I've outlined, you will attract the attention of the buyer you want.

    Could be done with many types of businesses, but we do know, almost all businesses need to advertise somehow, how will they do it in the next five years? Get on that track and let them run you over.

    GordonJ

    PS. One man who did it:

    Unilever Buys Dollar Shave Club in Reported $1 Billion Deal | Adweek
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    • Profile picture of the author GordonJ
      Originally Posted by GordonJ View Post

      The way to achieve this is:

      Acknowledge that the million will come in the fifth year.
      The million will come when you sell your business.

      What business?

      One that someone else places a million dollar value on. It is not market value, not just numbers, like you see on the shark tank, not about sales (although you must have them)...it is about

      PERCEPTION.

      An investor has to see POTENTIAL. He will understand you are an idiot in your execution of your business and lack real talent and ability. What do you care what he thinks of you if he gives you the million bux, eh?

      So, with the end in mind, what sort of person invests only a million (a very small sum of money, pocket change really, in the investment world)...

      What does THAT person look like? What would be your ideal avatar of someone with a mil cash to buy your business? Forget about WHAT business for now, focus on your perfect target market.

      ONE person with the money to invest, seeking investment opportunity, has a track record of buying businesses in your area and/or, today, online businesses.

      OK, this Freelancer forum, was an ACQUISITION, one of several Freelancer has made the last few years. This, a paltry 3.2 million (paltry compared to the 7.5 million cash deal they paid for escrow.com)...

      can serve as your MODEL.

      Locally, you have many businessmen and women, some of them own multiple McDonalds or Taco Bells, some are diversified...

      One of my old mentors had gift shops, oil wells, restaurants, card shops, horses, real estate. And he would routinely spend a million to buy POTENTIAL (his name was Ed Barr).

      SEE? Successful serial Entrepreneurs look for potential, and usually know they have more in house expertise, especially in marketing than the small mom and pop business who just don't know how to expand, but momma and poppa (especially momma!) do understand cash.

      So what to do?

      #1- Become an expert on your area. WHO are the Entrepreneurs? One great way to find them is to get to know S.C.O.R.E, and your BBB CoC. Look for past members, recently retired.

      What are these guys doing now? Who took over their businesses?

      #2- Subscribe to news feeds, local as possible, for business transactions, sales, takeovers, buyouts. Here, I get everything in Northeast OHIO, although there is plenty of action just in Stark and Summit counties.

      #3- See what businesses are quickly sold for or near the asking price. This is ONE way to find demand. Go back five years, was the demand for a ______ business strong, is it an evergreen business?

      Now, you've been given bad advice here, maybe even jeered at, or encouraged to follow your dream. What you can or can't do is up to you.

      As for the type of business...what does it matter if your plan is to sell it?

      You might be able to take over an existing business and pay for it out of profits and then sell it for the million bux in 5 years, while making a living working and becoming expert in the business (tow truck driver for example).

      In the meantime, take classes, online for free or local at SCORE and other places, join networks of businesses.

      One final example. There are guys here at the forum in the PRINT business, in spite of all the bad news about newspapers, the DEMAND for print, just look at political yard signs in the coming months...

      and you'll see it is a great business. One segment is POSTCARDS and FLYERS...all and any ADVERTISING vehicles are great...

      And in these businesses, NUMBERS are what grab attention.

      Allen Says made 3 million bux when he sold this forum to Freelancer, because he had almost a million subscribers.

      Freelancer used those numbers to add to their user totals which made for attracting some attention in the Aus Stock Market.

      You could start an advertising business. Use EDDM, build up numbers of mailings, and keep it going for five years while earning a living and if you do what I've outlined, you will attract the attention of the buyer you want.

      Could be done with many types of businesses, but we do know, almost all businesses need to advertise somehow, how will they do it in the next five years? Get on that track and let them run you over.

      GordonJ

      PS. One man who did it:

      Unilever Buys Dollar Shave Club in Reported $1 Billion Deal | Adweek
      And now, this...

      Walmart has paid 3 BILLION dollars CASH to acquire Jet.com.

      Let's look at a few good lessons, whether the OP is interested or not. Jet.com is just barely one year old.

      So Unilever paid a billion, Walmart 3 billion, so maybe, a million in 5 years isn't such a big deal after all?

      Lesson ONE, OPM, Other people's money.

      Marc Lore co-founded Diapers.com and sold it off with his partner for 545 million, how much of that Marc actually got isn't known other than it made him a millionaire.

      Then, he CO-Founded Jet.com, and being a smart guy got some venture capital involved, rather than putting up his own dough. Another successful guy who did this was Fred DeLuca, of SUBWAY fame and fortune, started several other businesses which FAILED...

      but he always used OPM.

      In Silicon Valley the series funding is pretty much SOP (standard operating procedure)....

      First round, SEED money or "proof of concept".
      Second Round, small scale market testing.
      Third round, scale up.
      Fourth round Roll Out or Expansion...and of course, 1001 variations of this theme.

      YOU, the little guy can use this "model" only downscale it.

      Your first round will be an Angel, or "Uncle" investor, in USA, Uncle Sam has set up the Small Business Administration (SBA) and is a good place to start. Most countries have some sort of economic help or at the least, guidelines on how to start a business.

      To get funded, sometimes you need a formal business plan, other times, the back of a napkin and a friend with deep pockets will work.

      If you are a Dan Kennedy fan, he likes to start (or advises his students) business for less than 1000 bux. This fits in to many a Warrior budget.

      Now, investors want to see progress and results. The faster you get results, like in Jet.com case, less than a year with great results which got the attention of an INVESTOR who saw the POTENTIAL as I mentioned in my original response.

      Buying and selling or creating and selling a business is a tested and proven way to not only earn money, but get a decent profit you can snowball into other businesses.


      I've started 3 businesses which were bought from me for a profit; The OFF-KEY Singing Telegram Business, ResumesPLUS and J's Golf Court. I've also been a part of a group of friends who have bought and sold several businesses over the years and I'm usually the one who does the initial evaluation.

      Other Lessons from Walmart/Jet.com are:

      --Well thought out business BEFORE it began
      -- Market Potential
      -- Delivery of Goods and Services (the PROCESS)
      -- An EXIT strategy

      Also, when Jet.com started they had a CONTEST, to see who could get the most subscribers, one guy, Eric Martin spent 18,000 bux and WON the contest (mostly using social media to do so)...

      And Yesterday, it was estimated the stock he won, is or could be worth as much as 20 MILLION dollars...

      So, maybe the thin man (Original Poster) can get to his million in 5 years, IF, he is able to separate the Wheat from the snarky chaff here.

      AND, it isn't hard to acquire a working business with no out of pocket monies too. ( Michael Senoff {no affiliation} has some audios on buying and selling a business).

      GordonJ
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      • Profile picture of the author Ron Lafuddy
        I received an email from Alan Weiss. The business he describes is my favorite kind of business. Low overhead. No inventory. No employees.

        I'll let the "snarkies" do the math, since they add nothing else of value to the thread.

        The Grinder

        In the early 1950s, a very old man would walk to the neighborhood ringing a large bell. He carried a heavy grindstone on his back. He’d set it down on a corner and women would come down (or send children down) with scissors and knives to sharpen. He would carefully turn the wheel and hone the blades for five cents a piece. When he was done, he’d haul the wheel onto his back again, pick up his bell, and walk a few blocks down to set up shop once more.

        He came around about once a month, and I never saw anyone else once he stopped coming. I assume he was the last of his line, the last of his kind.

        Friday, while getting a haircut, my stylist told me she was getting her scissors sharpened once she had some free time. The sharpening guy, Gary, had arrived for his monthly visit.

        I asked what he charged and she told me $25 a pair. I asked how many pair he would typically sharpen during a visit. She told me about 20, which comes to $500. If he visited four other salons of this size daily, that’s $2,500 daily during a five-day week. Do the math.

        “What does he have in his truck to sharpen the scissors,” I asked, expecting a laser.

        “Oh, a large grindstone.”

        © Alan Weiss 2016
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        • Profile picture of the author GordonJ
          Thanks Ron,

          my dad's barber shop had three barbers, and same thing, every month the guy would come around and sharpen scissors and RAZORS, the straps on the side of the chair were mostly used on my AZZ, but they kept the razor's edge sharp for awhile.

          Today, a friend of mine has been in the sharpening business for over 30 years, used to be part time gig, then he had an injury at work, NEGLIGENCE, but, rather than pay anything, they filed bankruptcy and came back a month later reorganized...and my friend got NOTHING but life long scars and pain.

          Thank goodness he had the sharpening business. He is now trying to turn it over to his boys, and he has too much work to handle.

          Even used sharpeners, (portable) sell for several hundred dollars.

          We had all kinds of knives at home, and my dad carried a small whetstone, and a pocket knife was a rite of passage...one I had to wait an extra year for, because like Ralphie in Xmas Story, my message was

          You'll cut your finger off.

          And damn if I didn't, they did sew it back on, but it has no feeling on the inside.

          Anyhow, these little WORK businesses, can be a life saver, a part time income and even a CLASS, people drive a hundred miles to learn how to sharpen saws, all things with an edge from my friend Bob.

          He does a little locksmithing on the side, but makes more per hour at his barn sharpening.

          But, you can't sharpen your knife on the WF, only your mouth, as we see daily*.

          GordonJ

          PS. * Sharp tongues when we aren't bored to tears with dull wit.
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          • Profile picture of the author Ron Lafuddy
            Originally Posted by GordonJ View Post

            Thanks Ron,

            my dad's barber shop had three barbers, and same thing, every month the guy would come around and sharpen scissors and RAZORS, the straps on the side of the chair were mostly used on my AZZ, but they kept the razor's edge sharp for awhile.

            Today, a friend of mine has been in the sharpening business for over 30 years, used to be part time gig, then he had an injury at work, NEGLIGENCE, but, rather than pay anything, they filed bankruptcy and came back a month later reorganized...and my friend got NOTHING but life long scars and pain.

            Thank goodness he had the sharpening business. He is now trying to turn it over to his boys, and he has too much work to handle.

            Even used sharpeners, (portable) sell for several hundred dollars.

            We had all kinds of knives at home, and my dad carried a small whetstone, and a pocket knife was a rite of passage...one I had to wait an extra year for, because like Ralphie in Xmas Story, my message was

            You'll cut your finger off.

            And damn if I didn't, they did sew it back on, but it has no feeling on the inside.

            Anyhow, these little WORK businesses, can be a life saver, a part time income and even a CLASS, people drive a hundred miles to learn how to sharpen saws, all things with an edge from my friend Bob.

            He does a little locksmithing on the side, but makes more per hour at his barn sharpening.

            But, you can't sharpen your knife on the WF, only your mouth, as we see daily*.

            GordonJ

            PS. * Sharp tongues when we aren't bored to tears with dull wit.
            Yeah, my favorites are the "fly low" guys. They are everywhere, in plain sight. But no one really "sees" them. Kind of like the tow truck guy, who is out there in traffic every day. No one notices him - til they need his service. ha!ha!

            Ran across a guy who "harvests" and resells used restaurant equipment. He stores his inventory in the repair bay area of an abandoned service station. You wouldn't know he's there, by glancing at the outside of the building. He moves a lot of product, as there is always someone wanting to open a new restaurant.

            Does a fair amount of bartering/trading, too All without being under the ever "watchful" eye.

            Ron
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  • Profile picture of the author thiagocopywriter
    [DELETED]
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  • Profile picture of the author googfather
    1. Watch where you get your advice from. Never ask school teachers or working people..just because they are older than you does not make them competent...go ask the rich ones

    2. What product or service you sell doesn't matter much... what matters is the SYSTEM you put in place to leverage your time. Mcdonalds doesnt have the best hamburgers but they have the best system...

    Theres only so much time in your life, you can't make multi millions with just two hands, two legs and 24hrs in a day... you need to multiply the hours you have in one day way beyond 24 hours... put a system in place that leverages other people's time to fulfill orders, prospect, take care of custommer service, handle payments, etc... and make sure you remove yourself from the system itself so that you only work on tweaking it

    Some examples...you can leverage other people's time and know-how for payment handling ie.paypal or something similar... you can set up a cold calling office with a script to the gatekeeper, script to the decision maker, and scripts for every objection once it arises and have your people follow them... Order filling; have a system that takes care of that.

    The product or service rarely matters, the system you set up and how well you can leverage other people's time matters the most.
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  • Profile picture of the author yukon
    Banned
    1 Million by 25, Rich or Die Starving.

    You hungry yet?
    Signature
    Hi
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    • Profile picture of the author animal44
      Originally Posted by yukon View Post

      You hungry yet?
      I think OP has died of starvation...
      Signature

      People say nothing is impossible, but I do nothing every day.
      What I do for a living

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      • Profile picture of the author DMGWebSolutions
        no just trying to keep up with this cash flow LOL
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    • Profile picture of the author DMGWebSolutions
      nope, on track. I might be if i prioritize coming here and replying to 100 comments
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  • Profile picture of the author googfather
    Hey Yukon, where you at bro youre in the yukon? Northern 'berta here I got friends in yukon and I drop by fort st john sometimes... you work in the gold or diamond mines there? cheers

    On-topic;

    1. System (easy product creation and delivery ex.Amazon fba or something you set up that is bulletproof like that)

    2. product ( high margins will put your biz on dynamite, try to be the starbucks/high quality of your market not a dollar store lowest price approach to keep good margins)

    3. Start and take swings, make mistakes...the more mistakes youre making, the more good decisions youre making as well... If you go down, might as well go down swinging keep yourself motivated daily write a to-do list every day and study success from successfull people through books...success doesnt happen by itself its a skill that needs to be learned!
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  • Profile picture of the author Froggys
    I hope you make 1m in 5 years,I seriously doubt it but I hope,it is not easy at all tehory and practical work are a lot different,tho you can accomplish something,100k,200k,500k it doesnt matter but 1 million is a lot,maybe even too much but nevermind me good luck.
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    • Profile picture of the author animal44
      Originally Posted by Froggys View Post

      I hope you make 1m in 5 years,I seriously doubt it but I hope,it is not easy at all tehory and practical work are a lot different,tho you can accomplish something,100k,200k,500k it doesnt matter but 1 million is a lot,maybe even too much but nevermind me good luck.
      Have you ever tried? A million is not a lot. The Jay Abraham video I posted earlier shows that. The woman made 1.2 million in six months. If she can do it, why can't you?

      My protege made 1 million in eight months from scratch. 22 years old, no business experience, no sales experience and being a woman could be considered a disadvantage.

      It's pretty simple, just two ingredients.

      1. Something profitable to sell to people.
      2. Somebody to sell to, your starving crowd.

      Combine that into enough sales to make the million in a given period and Bob's your uncle...

      How hard is that...?
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      People say nothing is impossible, but I do nothing every day.
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      • Profile picture of the author Justin Shively
        Originally Posted by animal44 View Post

        Have you ever tried? A million is not a lot. The Jay Abraham video I posted earlier shows that. The woman made 1.2 million in six months. If she can do it, why can't you?

        My protege made 1 million in eight months from scratch. 22 years old, no business experience, no sales experience and being a woman could be considered a disadvantage.

        It's pretty simple, just two ingredients.

        1. Something profitable to sell to people.
        2. Somebody to sell to, your starving crowd.

        Combine that into enough sales to make the million in a given period and Bob's your uncle...

        How hard is that...?
        This is true, it's really not that hard. My company is on pace to generate about $2.2 million in sales in year one. While I have about 10 years of sales experience, I started a digital advertising agency with very little skills or knowledge about advertising. The great thing about starting your own business is that you have a ton of time to learn and teach yourself new skills that you would never be able to do with a 9-5. The biggest key in my success: Recurring revenue. If you can find something that people will pay high value for month after month, it makes the whole process so much easier.
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        • Profile picture of the author DABK
          No, it's not true. It is hard. If it were not hard, everybody'd be doing it.

          It's simple. It is not impossible. But it's not easy.

          Government statisticians, if memory serves, say 95% of all businesses fail in the first 12 months. If that's true, it's really hard.

          For you it was not hard because you had 10 years of sales experience... That's huge!

          Originally Posted by Justin Shively View Post

          This is true, it's really not that hard. My company is on pace to generate about $2.2 million in sales in year one. While I have about 10 years of sales experience, I started a digital advertising agency with very little skills or knowledge about advertising. The great thing about starting your own business is that you have a ton of time to learn and teach yourself new skills that you would never be able to do with a 9-5. The biggest key in my success: Recurring revenue. If you can find something that people will pay high value for month after month, it makes the whole process so much easier.
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          • Profile picture of the author Justin Shively
            Originally Posted by DABK View Post

            No, it's not true. It is hard. If it were not hard, everybody'd be doing it.

            It's simple. It is not impossible. But it's not easy.

            Government statisticians, if memory serves, say 95% of all businesses fail in the first 12 months. If that's true, it's really hard.

            For you it was not hard because you had 10 years of sales experience... That's huge!
            Fair point. You're right, it's not "easy." Poor choice of words. In fact, I've worked extremely hard, usually putting in 15 hour days to get this thing going. And I've built it through cold calling, so without the prior sales experience that would have been very difficult.
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          • Profile picture of the author animal44
            Originally Posted by DABK View Post

            No, it's not true. It is hard. If it were not hard, everybody'd be doing it.
            If it were hard, Branson wouldn't be spending his days windsurfing

            Of course, you need belief and motivation as well as method. Like the Jay Abraham video, all those people paid good money to attend his seminar, in order to learn how to make more money and only one actually did anything about it.

            And I bet nobody on here bothered to even try what Jay suggested...
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            People say nothing is impossible, but I do nothing every day.
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            • Profile picture of the author DABK
              If it were easy, you and me and all our relatives, neighbors, friends would be with Branson, windsurfing or whatever. And we aint!

              Originally Posted by animal44 View Post

              If it were hard, Branson wouldn't be spending his days windsurfing

              Of course, you need belief and motivation as well as method. Like the Jay Abraham video, all those people paid good money to attend his seminar, in order to learn how to make more money and only one actually did anything about it.

              And I bet nobody on here bothered to even try what Jay suggested...
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            • Profile picture of the author eccj
              Originally Posted by animal44 View Post

              If it were hard, Branson wouldn't be spending his days windsurfing

              Of course, you need belief and motivation as well as method. Like the Jay Abraham video, all those people paid good money to attend his seminar, in order to learn how to make more money and only one actually did anything about it.

              And I bet nobody on here bothered to even try what Jay suggested...
              I remembered him mentioning this once. I went ahead and watched the video. It doesn't go into much detail but basically build a back end for someone that has a good list. By building he means introduce the person with the back end to the person with the list.

              So basically a JV broker. I wouldn't mind hearing the whole thing if you know where it is at.
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              • Profile picture of the author animal44
                Originally Posted by eccj View Post

                I remembered him mentioning this once. I went ahead and watched the video. It doesn't go into much detail but basically build a back end for someone that has a good list. By building he means introduce the person with the back end to the person with the list.

                So basically a JV broker. I wouldn't mind hearing the whole thing if you know where it is at.
                I had a quick hunt but couldn't find it. Jay's stuff tends to be hours long so finding something specific is not easy. I'm pretty sure it's not in any of his free stuff...

                But, really, it is as easy as it sounds. If you can sell products and services to a business owner, then JVs and customer reactivations are easy peasy Just do it!
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                People say nothing is impossible, but I do nothing every day.
                What I do for a living

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    • Profile picture of the author DMGWebSolutions
      You do realize this makes no sense correct, you said 100k ,200k or 500k isn't a lot but 1M is.
      is it just cause its a "million"? because i can make 500k a year for 2 years or 200k every year for 5 years and ill have a million, does that make it any less possible? nah.
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  • Profile picture of the author haiderkamal123
    [DELETED]
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  • Profile picture of the author apollo gabriel
    Good thing you have long term goals, and you have an idea on how to achieve this

    First narrow what are tge opprtunities that you may encounter with this,

    Second is identify what your interests and your strenghts

    third is the application, you must be sure and patient.

    Good luck
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  • Profile picture of the author DMGWebSolutions
    to all u negative nancies, u realize 1M is nothing to some people in the world right? as some guy above stated about jet being less than 1Y old and selling out for 1B, thats a perfect example of big picture and big scale thinking. most of u giving this negative advice have a very, very, strictly employee mindset. gets me wondering why you are giving advice to someone living and breathing this goal to make it come true...

    been researching & working hard, close to 80 hours a week. believe it or not but i am on track , just to toss it for a debbie downers. Realizing that 1M in a few years is not unreasonable at all, I've been studying business brokerages and theres tons of businesses, even FBA, Affiliate, adsense-monetized websites for xxx,xxx or even x,xxx,xxx.

    unfortionately only 2 months in, i skipped getting my first (yes, FIRST JOB, i've never had one even though i hold business certifications and a LAH insurance license in 2 states, dont ask y lol)

    moral of story, dont listen to people on forums, if they think they cant do it themselves, they will tell you they cant do it cause as dj khaled says, they dont wanna see you make it, and those who say you cant make it are the first to sign up to your masterclass

    will be updating every now and then.

    last 2 weeks got my business services up, only x,xxx in sales but low overhead, most profit, if not reinvested into marketing, will hopefully be running like a automated steam engine with 2-3 sales reps and 2 designers or so in a few months, so i can establish some other things.

    Finally started affiliate marketing, making maybe 20-30$ day writing, retail arbitrage on weekends is doing ok, starting FBA in 2-3 months, the FBA project in my mastermind group is taking off and they are providing me a clear-cut lesson on how to replicate and how it actually works, by life-long friends, not a self-proclaimed guru looking for a 5 figure payments, started testing 5 roboinvestors to study returns, realized i might as well start early, blog should be starting in a few weeks, when I get the operations of my first business down. Deciding to drop social media influencing due to low barriers to entry and liquidated market, only considering going in if i catch a deal in an upcoming / uptrending niche i can "ride", because it will only be worth doing during explosive growth, something similar to those hilary / trump campaign satire pages or pokemon go, but not so ******* cheesy.

    also started social media marketing for a few coaches / business owners. got 2-3 clients already, they willingly pay me once i get them to account the hours they spend a week multiplied by their hourly value and tell them how much they can be saving, or making, by hiring me and allocating that time "block" to sales, marketing, and growth.

    when things take off, I realized that this is a very good opportunity to do a pat-flynn type journey documentation, where i document my businesses, what i do, how much they bring in, etc.
    some of u might say im just doing something thats already done but i think its a very good idea for me to start a case study and show others how its done, or that it can be done.

    not really sure how warrior forum works but I just wanted to say thanks for the people encouraging me and telling me not to listen to the ones doubting me, even though they are also a catalyst for action and another person to show i can make it. wouldn't doubt if they're the first people asking me to publish my earnings unfortionately...

    I'm not sure if i told you but when i was younger i spend a lot of time studying wealthy people because i always wanted to know the difference between a poor man and a rich man, and sure, theres 99 or more things, but every single one of them comes down to mindset.

    Also not sure if i mentioned,, i have a significant amount of time, around 100 hours a week. the time I dont spend working I spend working on myself, reading books, meditating 2-3x a day, writing journal entries, reviewing my day, doing 1 thing that makes me uncomfortahble, and exercising... the 8-15 hours that go to these definately allow me to work more than time allocated, burn out is not good and sanity is not even a question.
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  • Profile picture of the author DMGWebSolutions
    should be at 4-5 reliable streams of income in 3-4 months, outside of startup stage but not near automation, maybe a few systems w/ help of low cost "saas solutions" such as zappier, IFTTT, and others.
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  • Profile picture of the author DMGWebSolutions
    to you guys arguing up there, I'll make sure not to take ur advice, anybody who values their time little enough to do that, says enough about you for me to make a decision that i'd be better off without your suggestions. U guys seem to be speaking out your egos
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  • Profile picture of the author DMGWebSolutions
    and its funny that u guys doubt me cause i was thinking 1 million is to low. 1M is close to minimum im going to require to start the organizations that are going to make huge environmental impact on the world and address global problems like corruption, poverty, etc.

    u think im trying to buy myself a mansion and ferrari or something...

    ha, u need to stop watching these bs guru influencers selling u a lifestyle through the materialistic items theyve acquired through their success..
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  • Profile picture of the author DMGWebSolutions
    update: sold 3 websites for $xxxx already.
    Moving on to management of sales / marketing as i have no time to design websites if i reach current goal.

    currently managing and building an efficient sales and marketing plan to try to get us to $2000/week within end of NOV.
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  • Profile picture of the author DMGWebSolutions
    see u guys at the top or from the top
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  • Profile picture of the author TheBigBee
    Originally Posted by BigFrank View Post

    No - your starting line is the fact that you have $30 to your name and the idea that you believe that you are going to parlay that into a million $$ in five years only proves that you have arrived at the right place to get the thoughts from people who will tell you that anything is possible if you just believe in yourself and never stop believing.

    Most of the folks that will sell you this line of total crap have never made the $30 that you currently have, on the Internet, but they are going to tell you how to accomplish it.

    I wish you all the best with that and if I were you I would hold on to that $30. Tightly!

    Frank
    Life has hardened you it seems.

    Muhammad Ali used to stand in the mirror and chant to himself "I'm the greatest of all time" as a 19 year old kid. This was before he even passed the Olympic Trials.

    Muhammad Ali also wrote; "it's the repetition of positive affirmations that lead to a belief, and once that belief becomes a conviction, things start to happen."

    This young man has taken the FIRST and crucial step; connecting a set of thoughts in his brain, that he'll be able to connect to the next, and so on.

    OP - I am not a millionaire, but when I joined here I was pretty broke. I had taken unnecessary risks and failed. I had a lot of hubris and confidence but I didn't "know how to win." Subsequently, ever year has been better than the next and 2016 has been amazing.

    Advice

    1. Get good at knowing what you're good at: Your list seems pretty long in terms of all the various routes to $1 million. If you don't establish a core which is rooted in knowing what you're good at and sticking to it, you'll never get there. I've been pulled in many directions and often lament looking back that "if I had just stuck with XYZ..."


    2. Fail as quickly as possible while you're trying to get good at knowing what you're good at: At your age, and with your hunger, you're going to find yourself inspired by any number of people and things and will be tempted to try to mimic those people and what they're doing. That's OK. Never hurts to learn. But, more often than not you will fail, the key is to fail fast. Failing fast DOES NOT mean going half ass at everything. Failing fast means putting 100% into something after setting a clear and measurable goal. If you fall woefully short of that goal after putting 100% into it, move on. I failed "too slowly" in being a financial services technology start-up CEO. A year of my life I can't get back...


    Now for the bad news... There's an extreme likelihood that you'll never make a million dollars. However, I promise you won't ever make $100,000 unless you're laser focused on making a million dollars.

    IF YOU'RE GOING TO THINK... YOU MIGHT AS WELL BE THINKING BIG...

    -DONALD J. TRUMP; THE 45TH PRESIDENT OF THE UNITED STATES OF AMERICA
    Signature
    FILL IN THE BLANKS!
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  • Profile picture of the author John Durham
    I think we all started out with that "rich , or die starving..." attitude. I like it. When I was under 25 years of age, I was ignorant, but I still had that attitude. Today, I have more understanding, and its not quite so urgent... and I am capable of creating successes much more easily... However, I would not have come to that place without this "rich or Die Starving" attitude, along the way.


    So "Bravo", whether you are clueless or not,. Stay hungry and apply your self to things with hunger and passion, and somewhere along the line things will "click" and you will have airspace.


    Honestly, I doubt you will do this, in the short term, but hope you do...


    You CAN take that $30.00 and turn it into $500 by offering a service, and parlay that into a thousand, and on and on... It is scientifically possible to do so. I have done such things personally...


    You can parlay it into tens of thousands, or even more...


    I hope you do that, if so, then you are among the top 2 percentile.


    It is possible for anyone, but most wouldn't do it. That is the absolute truth.


    Giving you the benefit of the doubt I will say this: "Most people are average". Naturally. By Definition.


    If you listen to 90% of the people around you, then you are listening to mostly skeptics...


    It is completely ignorant for someone to think it's not possible to do what you are saying... it is.


    However it is reasonable for them to doubt that you are the person who will do it.


    The thing is that only "exceptional" people "will" do it. That is why there is a distinction between average and exceptional.


    People who achieve phenomenal things are "exceptions". If you choose to be one then you are one.


    People "expect" you to be like the average person who makes a post like this... That is why they doubt.

    In any event it would be ridiculous to suggest that it's not possible to take $30.00 and get started on a business and parlay it into whatever you want. I could think of five things you could do right now probably off the top of my head.


    "Better World Books" started in a garage selling paperback books that people threw away... getting their inventory for free...Now they sell 75,000 books per day on Amazon... It's bullshit skeptic thinking to say it's not possible.


    Not "probable" is more likely... truly though, you are the one who determines that.

    -JD
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