biophase
Legendary Contributor
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Unscripted!
Summit Attendee
Speedway Pass
Today I wanted to buy another massage gun that I got from Amazon in 2020. I wanted the same brand and model and when I searched for it, the brand was no longer available on Amazon. I kind of expected this because it was a weird China brand.
This coupled with a Facebook post about a company that I’ve followed for 7 years shutting down prompted me to make this post.
There have been many times in the past 10 years where someone I knew or a company that I followed achieved major milestones.
I remember back in 2013 someone I knew got over a millions dollars in seed money at a valuation of several million. I remember being a little jealous as with my limited business knowledge, I thought he was instantly worth a few million dollars. His company went bankrupt 5 years ago.
I also remember seeing another person go from zero to six-seven figures a month in e-commerce within 6 months and wondering if I was doing something wrong. This one crashed and burned as algorithms changed and ads became unprofitable.
This latest business was a guy who was scaling so fast with Facebook ads, doing $30m a year, buying huge warehouses in 2018. Now with a single cryptic FB post, his company is no longer in operation.
Sometimes I think, I may not be growing at 50% a year but I’m still here chugging along after 13 years.
Many of my successful friends have been running the same business for 5-10 years. We may not be reaching for the moon, but we are consistently slogging up a mountain.
I know this post may not fit the fast lane model, but it’s a pretty damn good speed lane. But I want to let some of you know that you aren’t being left behind as long as you are consistent and stay true. It’s ok to let the rocket ships pass you, many will fall back to earth.
Personally this fits my personality, I’m a low risk, slow ROI type of person. But I keep chugging along. It’s been 17 years for me in e-commerce and 25 in real estate.
I’ve also seen people make incredible amounts in crypto. I made the mistake of dabbling in crypto the past few years. Part of it was FOMO and part was to diversify. Even I’m not immune to shiny new objects.
But I’ve now learned that I’m good at certain things and I can finish a race doing what I know. I’ve caught many hares that blew past me at the start.
This coupled with a Facebook post about a company that I’ve followed for 7 years shutting down prompted me to make this post.
There have been many times in the past 10 years where someone I knew or a company that I followed achieved major milestones.
I remember back in 2013 someone I knew got over a millions dollars in seed money at a valuation of several million. I remember being a little jealous as with my limited business knowledge, I thought he was instantly worth a few million dollars. His company went bankrupt 5 years ago.
I also remember seeing another person go from zero to six-seven figures a month in e-commerce within 6 months and wondering if I was doing something wrong. This one crashed and burned as algorithms changed and ads became unprofitable.
This latest business was a guy who was scaling so fast with Facebook ads, doing $30m a year, buying huge warehouses in 2018. Now with a single cryptic FB post, his company is no longer in operation.
Sometimes I think, I may not be growing at 50% a year but I’m still here chugging along after 13 years.
Many of my successful friends have been running the same business for 5-10 years. We may not be reaching for the moon, but we are consistently slogging up a mountain.
I know this post may not fit the fast lane model, but it’s a pretty damn good speed lane. But I want to let some of you know that you aren’t being left behind as long as you are consistent and stay true. It’s ok to let the rocket ships pass you, many will fall back to earth.
Personally this fits my personality, I’m a low risk, slow ROI type of person. But I keep chugging along. It’s been 17 years for me in e-commerce and 25 in real estate.
I’ve also seen people make incredible amounts in crypto. I made the mistake of dabbling in crypto the past few years. Part of it was FOMO and part was to diversify. Even I’m not immune to shiny new objects.
But I’ve now learned that I’m good at certain things and I can finish a race doing what I know. I’ve caught many hares that blew past me at the start.
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