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  #1  
Old 08-02-2019
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Default How big do you think?

What are your plans for the future? Do you plan on taking the money you're making off eBay and Amazon and entering/investing in new businesses?
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  #2  
Old 08-02-2019
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Default Re: How big do you think?

I try to dump as much funds as possible back into the business. It you get to a point that you can live easy and have more than enough inventory, then expand into other markets or passive income.
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Old 08-04-2019
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Default Re: How big do you think?

Turnkey operation, residual income and just have time to do what you want
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Old 08-07-2019
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Default Re: How big do you think?

I like to think in terms of building a company for 5-10 years that will sell for +10MM.
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Old 08-07-2019
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Default Re: How big do you think?

Get what you can while you can
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Old 08-08-2019
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Default Re: How big do you think?

The only true way of getting "rich" own and expand a profitable business.

Forget about investing; it typically only generates single-digits returns over the long run and you have little control over the financial markets.

The only thing holding you back from making money is YOU. I see so many people get complacent when they operate their business. There are always ways of expanding market; vertically or horizontally. Proper, and careful management of financials is key.

I would rather put my money into proven, profitable businesses that work, especially in a recession. Some examples are: storage facilities, trailer parks, multi-unit housing, used car dealers, payday lenders, etc.
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  #7  
Old 08-08-2019
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Default Re: How big do you think?

Nowadays, it's very cool to say that you have plans for 10 years, but I think it is more interesting to live with a short term plans. For me it's much easier to adapt your plans to a current situation, when they are made for short time.
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Old 08-09-2019
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Default Re: How big do you think?

Sure I do, it is only one way to be really successfull in modern world
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Old 08-21-2019
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Default Re: How big do you think?

Quote:
Originally Posted by futbolplayer View Post
I like to think in terms of building a company for 5-10 years that will sell for +10MM.
lol you're interesting homie. how you gonna do that?
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  #10  
Old 08-21-2019
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Default Re: How big do you think?

First, it will be accomplished by not taking your mentality that it is a big amount of money. Second, will be hard work and intelligence.

Last edited by futbolplayer; 08-21-2019 at 03:52 PM.
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  #11  
Old 08-29-2019
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Default Re: How big do you think?

I'm always thinking the biggest I can, this is what pushes me to do the best, go bigger and grow. I'm not afraid to widen my horizons and go out of my comfort zone. You should try it too It takes time and courage but it's worth it!
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Old 08-31-2019
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Default Re: How big do you think?

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Originally Posted by AMZPremium View Post
I'm always thinking the biggest I can, this is what pushes me to do the best, go bigger and grow. I'm not afraid to widen my horizons and go out of my comfort zone. You should try it too It takes time and courage but it's worth it!
This is key.

Far too many people are content with what they have in life, or how much they earn.

Others are lack the motivation to get out if their comfort zone. They are complacent, or just plain lazy.

It's painful to stretch and apply themselves when they feel they don't have to, or are not being forced or motivated by something.

I see far too many new people on this forum that want to be spoon fed information, instead of putting forth the effort to research things on their own. Are they simply lazy, or just begging for table scraps?
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