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  1. A

    Launchvector

    OFF-TOPIC 
    Exactly! Plus if your operations are legitimate why isn't there any transparency?
  2. A

    Should i sell my house and rent an apartment to pay for my debt and gather capital to start my buisness (the house is already paid for compelttely)

    ASK THE AI 
    If your house is paid off what's holding you back from leveraging that you don't have the biggest living expense (rent/mortgage) anymore? What that means is, if you live frugal on W2 job for couple years, your savings should compound where you should be able to have your debt paid and also have...
  3. A

    To Outsource or Not to Outsource?

    QUESTION 
    Thank you Johnny!
  4. A

    To Outsource or Not to Outsource?

    QUESTION 
    True. It's definitely wise to spend after you have sales depending how the sales are. However, that primarily applies to customer service and to an extent cost of goods. Essentials prior to launch such as branding, packaging, web design and initial marketing does require some capital.
  5. A

    To Outsource or Not to Outsource?

    QUESTION 
    For aspiring entrepreneurs with a little start up capital like myself there is only one way to get started - learn, take actions and pivot but I've always wondered what approach do entrepreneurs with little more capital take? I would like some opinions based on personal experiences or...
  6. A

    Is there shame in copying business ideas?

    IDEA 
    Fair analysis! Thank you
  7. A

    Is there shame in copying business ideas?

    IDEA 
    Makes so much sense! Thank you MJ!
  8. A

    Is there shame in copying business ideas?

    IDEA 
    There is no doubt you are 100% correct. While I completely agree with your point, the context of my question wasn't considered and it was misunderstood completely. Or perhaps, I phrased it incorrectly and should've used different terminology. In any regards, I fully understand and agree that...
  9. A

    Is there shame in copying business ideas?

    IDEA 
    My first thought is not about skipping work or looking for shortcuts. It's about allocation of time, money and effort in one place more than other. So, my simple question was can the demand be validated through how well your competition is doing? Or market research and product validation is non...
  10. A

    Is there shame in copying business ideas?

    IDEA 
    Can you elaborate on what due diligence are you referring to? Market research? Product validation? Or can it be skipped? Since your competitor is successful you already know there is a market and demand for it.
  11. A

    Launchvector

    OFF-TOPIC 
    While I wanted to conduct due diligence, there was very little information about them anywhere. The testimonials that they provide holds no value in my opinion as anyone can provide fake testimonials. They don't allow you to talk to their current clients/customer due to "stringent privacy...
  12. A

    Launchvector

    OFF-TOPIC 
    Facts! They are scamming you even before you sign a contract. So much scam in this space, almost as if every done for you e-commerce is a scam!
  13. A

    I am 29. My business makes me $2m in income a year. What next?

    QUESTION 
    Completely agreed! It's a no brainer exit out at 4x and have a piece of mind. If you carry on with hiring a CEO you would still have baggage, like MJ said, of 'what ifs'. What if CEO is a bad leader and company will go in wrong direction, what if I don't set the standards and hold everyone...
  14. A

    Launchvector

    OFF-TOPIC 
    Turns out there are more similar business models. Done for you e-commerce. Not sure if you any one here have experience with them www.buildmybrand.co www.saddlebrookecommerce.com
  15. A

    Anyone from INDIA?

    MEETUPS 
    I am from India too, but reside in US. I'd love to connect.
  16. A

    Introducing Myself+

    INTRO 
    Welcome Fabricio!
  17. A

    Launchvector

    OFF-TOPIC 
    Totally agree with you! I wanted to talk to someone who did this kind of acquisition that is the reason I posted here to see if anyone can relate to this.
  18. A

    Launchvector

    OFF-TOPIC 
    Kind of yes And never heard of this kind of business model so was wondering if anyone in the community had similar experience. There is not a ton of information on them on Google either. Look at this link below...
  19. A

    Launchvector

    OFF-TOPIC 
    Hello everyone! Has anyone heard of launchvector.com? Is the company legit. Here is their business model: They seek capital partners who can invest 100k or 200k to purchase an undervalued Shopify stores. The company launchvector does all the work of acquisition + scaling and marketing on...
  20. A

    I'm done being a prostitute

    INTRO 
    Welcome & sorry for your loss. It's great to know about you and your future goals! I would love to know more about what you do. What type of software development you do? Since you are freelancing do you have recurring clients, or anything specific you are doing to acquire clients?
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