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Recent content by Jeix

  1. Jeix

    Don't Let the Fastlane Devolve Into Side Hustles

    RANT 
    Bingo. I'm less than two years into running our store and haven't withdrawn any of the profits yet. We only just now broke the €20k/mo revenue mark and we are still so far away from turning a big enough profit (not revenue, profit) to pay back everyone it's infuriating. Chasing the next shiny...
  2. Jeix

    Saad Khan's EXECUTION THREAD

    HOT! EXECUTION 
    Pardon the intrusion, I've been following you since your thread about amazon ads and I've been wondering what happened to that and why you (seemingly) moved into a completely different field. It sounded like you had amazing knowledge and expertise in that area, what happened? Can that expertise...
  3. Jeix

    Content Marketing vs. Ads: Which Should You Prioritize for Your Business?

    MARKETING 
    Not everyone is selling information products. If you are still starting out, have low sales volume and margins, content is a great way to reach more people for free and it pays in the long run. Ads might net you more sales but without enough volume and margins to invest in them, you won't pocket...
  4. Jeix

    I've failed at this for 9 years... what now?

    HOT! 
    I read this thread yesterday and gave myself a day to think of an answer. I haven't read what has been posted in the meantime. Take my opinion at whatever value you deem worthy as I don't know you nearly enough for it to be important. Could it be that you never stuck to an idea, a job or a...
  5. Jeix

    Quit Complicating It; Money Goes to Those Who Work (And Lead)

    HOT! IDEA 
    Yup, that about sums it up. Not everyone has the necessary skill to start the next facebook, actually most of us are stuck in the normal world with not a lot of opportunities. The best way out for us is a traditional business, though it shouldn't be the starting point if you are new and broke...
  6. Jeix

    Law of effection: It scares the shit out of me.

    MINDSET SCALING 
    The answer is one at a time. The numbers look daunting because you are very far from them. If you have 50 subscribers, think on how to manage 100 and get there. Then onto 200 and so on. At some point (maybe 300 or 500) you'll need a new system, external help, employees or community managers...
  7. Jeix

    Finally Entered the Fastlane - Hobby store & Ecommerce - Progress thread

    EXECUTION 
    Howdy! It's been a while! We've been smashing it the last couple of months, our revenues hit €10k in February, €12k in March, €14k in April and around €15k in May. While I'd like to think we are absolute geniuses, the answer is more nuanced. It's true we've been working smarter & harder by...
  8. Jeix

    I will be a Millionaire by 25. (New Member)

    INTRO 
    I recommend checking this out: View: https://youtu.be/wAsWbS_1vuY?si=Cnw6lYwE4OWV-rMH Good luck, I fear this is yet another one of those "ventures" you listed. Also, nobody gives a damn how "conditioned your mind is to this mission". The market will be your judge, regardless of what you...
  9. Jeix

    Found this business book from 1994, does it still hold up?

    INVESTING 
    Staying over at my in-laws for Christmas I found this old 1994 (I believe) book on a shelf and took a look. Most of the stuff inside was extremely technical and only applied to big companies, other stuff aged like milk (hello 2008) but I found some of it that wasn't outdated and was actually...
  10. Jeix

    Making very little sales and not sure about long term with current business - Advice?

    HOT! QUESTION 
    Not an expert but we tried offering an affiliate program on our ecommerce too and we just didn't have the margins for it, it just added an extra useless middleman we couldn't afford. I don't think you can afford to offer an affiliate program unless you are the manufacturer or the person that...
  11. Jeix

    Advice for a 3rd world country Entrepreneur

    EXECUTION 
    Nigeria is actually the number one country in Africa. I'm sure most people would prefer Italy but I do business there and I dream of the US, it's all relative. The grass is always greener on the other side and you can't just emigrate for no reason. I recommend studying the way your country works...
  12. Jeix

    Skills

    MINDSET 
    What are you good at or interested in? What do you see around you that makes you say "I could do it better and I know precisely how"? That would be a good starting point.
  13. Jeix

    Looking for Company that will use for Payment Vehicle

    INTRO 
    Not an expert on the topic but shady accountants in the country of interest might do it for you for a fee, which should overall be cheaper, easier and more anonymous than setting everything up yourself.
  14. Jeix

    DO NOT DROPSHIP - advice from a dropshipper

    ASSERTION SIDE HUSTLE SOCIAL MEDIA 
    While I agree with your statement, I feel like your story is incomplete. What did you do after giving up on dropshipping? What would you recommend young people do instead? Writing "high ticket b2b sales" could mean anything and it's certainly not something any young person can set up from their...
  15. Jeix

    My co-founders suck and I don't know what to do

    PEOPLE 
    I mean it doesn't sound like anybody but you here is enthusiastic enough about this business where you can expect them to actually follow up on whatever they write down, especially given how everybody already has their own careers up and running and not interested in leaving them for this...
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