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  1. biophase

    Do you know what you’re doing with your money?

    INVESTING 
    This past year I’ve started playing pickleball and have met all new people of various age groups. I’m making this post because I’m somewhat amazed at how little younger people understand money and finances. I’m talking about 30-40 year olds. As an example I met this guy who makes a decent $50k...
  2. biophase

    Why you should buy a home as early as possible.

    GOLD! HOT! ASSERTION 
    I know that this may be a controversial topic, but I want to give you a few examples of people that I know that are slowlaners but are actually doing very well vs. some aspiring "fastlaners" that aren't anywhere in the same position. This topic came to mind when another friend was shocked when...
  3. biophase

    Graham Stephen tries window cleaning

    MINDSET 
    Thought all the window cleaners would like this. The guy he’s with is really good at selling. View: https://youtu.be/RWxSijmftrI
  4. biophase

    The tortoise and the hare…

    GOLD! EXECUTION 
    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...
  5. biophase

    Where do you put your money now? Is real estate in a bubble? For you yes, for me no.

    INVESTING 
    My friends and I are currently discussing all that's going on today. The ultimate question that always comes up is, where do you put your money today? Stocks, Crypto, Gold, Real Estate, Business, Cash? I'm definitely a real estate guy when it comes to storing and preserving wealth. The same...
  6. biophase

    Once you're aware of the gorilla, it's easy to spot...

    MINDSET 
    MODERATOR NOTE: This puzzle story has been extracted from the Random Thoughts chat thread. I was doing this 1000 pieces puzzle of the earth. And like any puzzle you start with the edges first. So that's what I did. I found most of the edge pieces within the first 2 hours. But I was missing...
  7. biophase

    Sometimes a BOGO is better than a discount

    MARKETING 
    Sometimes when we decide to do a sale, we think of a sale like 25% off everything. Sometimes we do a Buy one get one free. You might think that a BOGO would make you less money than a 25% off. But until you run some quick numbers your never know. For example, imagine you have something that...
  8. biophase

    What's your motivation to do things if you don't need to make money.

    NOTABLE! HOT! MINDSET 
    I've been thinking about this alot lately because I'm now at the point where I truly think that I have enough. But I'm not 100% certain yet. And it's also not as much as people may think. I know that is weird to say, but as you get older, you actually need less and less money. It's an odd...
  9. biophase

    Book discussion: Die With Zero by Bill Perkins

    BOOKS 
    I'm halfway through this book, but I find it very interesting. I'm definitely not a spender, but I'm not a saver either. Reading this book made me think that I'm a little too tilted towards the saving side considering my age and net worth. Anyone else here read it yet? Die with Zero: Getting...
  10. biophase

    Tony Hsieh, former Zappos CEO dies at 46

    This is so sad. You never know how much time you have. I had the pleasure of meeting him a few years ago. His book Delivering Happiness is a must read for entreprenuers. https://www.cnn.com/2020/11/28/us/tony-hsieh-zappos-dies/index.html
  11. biophase

    ROOTER RANGER - Got my plumbing fixed for $47 last night.

    MARKETING SUCCESS! 
    I felt compelled to write this because you just don't have good experiences in general with the service industry. Last night, while I was watching the NBA finals I noticed a smell in the house. At first I thought something died in the attic but when I walked into my bathroom, there was water in...
  12. biophase

    How would you spend $1 million dollars and get no sellable value from it?

    HOT! 
    I know this is an odd question, but me and a few of my friends have been pondering this question for a while now. Here’s why. I’ve come to the conclusion that it would be pretty hard for someone worth $5M+, who is responsible to squander their money. For example, if I had to spend $300k today...
  13. biophase

    Need video game console and games recommendations

    OFF-TOPIC 
    I haven't had a video game console since PS3 or was it Xbox? Anyway it's been since 2007. I am looking to buy a video game console(s) for my summer home where I often have a bunch of people over. What good games are out there that you can do multiplayer (4 players) on one screen? Are there...
  14. biophase

    Internal or External Confidence and Motivation

    MINDSET 
    This is a post that I've been thinking about writing for a long time. To me, I think that gaining an internal confidence and external motivation was a huge catalyst in becoming successful. I've had this conversation with a few people on this forum. I've never put it into words, so I'd like to...
  15. biophase

    Amazon Prime delivery time is now 29 days!

    HOT! 
    Amazon has made most of its FBA stuff have an April 21st delivery. Now we will see what happens when your Amazon channel goes away. I expect to see my sales drop 99% from Amazon. I doubt anybody will order tomorrow with a 28 day lead time! This is the big control issue Armageddon that we...
  16. biophase

    I turned off all my Amazon PPC and sales dropped...

    MARKETING 
    but not by alot! I just found this too interesting not to post. The numbers have been altered (because I didn't want to give away my revenue) but the percentages are accurate. Here are the results from Feb 1-13 and Feb 14-26 Feb 1-13 Sales $100k. Sales from PPC $35000, cost $6700. ACOS 19%...
  17. biophase

    How Do You Think About Your Ecommerce Strategy?

    HOT! 
    With all these threads about selling on Amazon, I thought I'd start a thread about how I go about starting a new ecommerce business. It may surprise you that I don't actually think about the product that I'm going to sell that much. I mean I do think about it, but that shouldn't be your main...
  18. biophase

    Restaurant Branding via Uber Eats

    MARKETING RANT 
    Yesterday I ordered a dinner through Uber Eats, it was the first time I ever ordered from this restaurant. Turns out the food was pretty good. As of right now I have no idea what restaurant it came from. Today, I ordered lunch and I'm eating fried rice as I type this. I'm thinking it's...
  19. biophase

    "I don't know what product to sell" How You Choose A Product-Based Business

    NOTABLE! 
    One question that I always get is "I don't know what product to sell." My answer now is always, that's not the right question. Thinking of the product first is backwards. The question is, "who will benefit from my business?", "why do I want to start that business?" and "what business do I...
  20. biophase

    Biophase & Snowbank get pitched MLM in Barnes & Noble

    HOT! 
    Tonight @snowbank and I go to Barnes & Noble because Bill wanted to see the placement of his friend’s personal development book. We go to the personal development section and looking at his friend’s books and Bill makes a comment about a book. This 22 year old guy behind us says something about...

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