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cents

  1. M

    A business that make CENTS, but perhaps unrealistic

    IDEA 
    Hello everyone! I’ve got a business idea that makes CENTS, but I am afraid that my odds' ratio to succeed is very, very low. So, basically, I am in a WhatsApp group with fellow vegetarians and vegans. I have noticed that a lot of people are struggling to buy products that are in line with their...
  2. ThomasTLM

    My Journey Thread

    EXECUTION 
    I making this thread so I can update it throughout my journey. Here we go. 3/22/2024 "FTE" I was standing in the kitchen with my wife. We had just opened another envelope for yet another bill. Ever since August 2023 when our son was born, we kept getting hit by bill after bill for the...
  3. M

    CENTS Framework - Business models + overhyped gurus

    IDEA 
    Hi all so the CENTS framework is an excellent framework but looking at most businesses, and I wish I honestly knew about it earlier. It is really true that some businesses are just lower effort and higher return. And even certain services/products are just better. For example I am currently...
  4. SEBASTlAN

    Another Cautionary Tale of Control

    IDEA 
    As we've seen many times before, Control is essential to launch + sustain a business. I had a relative recently launch an independent insurance agency after many months of setbacks and expenses. They failed and retook the insurance exam multiple times until they passed, went through...
  5. ShankarS

    Looks like I'm goofing around

    QUESTION 
    Hi , Recently , I thinking about creating YouTube contents or Amazon FDA both of them compromises CENTS. I'm not clear whether I need to continue exploring that. The reason I'm choosing Amazon FDA is to explore and build my analysis , planing and execution. You tube videos , just to keep...
  6. Bence Ur

    What are the most profitable CENTS business models?

    ASK THE AI 
    The Fastlane Forum is an entrepreneur discussion forum based on the CENTS Entrepreneurial Framework. The UNSCRIPTED philosophy is based on 5 core Commandments within the Fastlane Business Structure, frequently referred to as CENTS: #1: The Commandment of Control. #2: The Commandment of Entry...
  7. circleme

    Disregarded Control in CENTS. The consequences.

    EXECUTION 
    This post is for anyone who wants to ignore Control in CENTS in their Fastlane business, like I did. I've been in my fastlane for several months now and have/had a few hurdles to overcome. A few skillset hurdles, but above all a lot of mental hurdles. Procrastination, self-doubt, lack of...
  8. J

    Practicing CENTS #2 - Appliance Repair Services.

    IDEA 
    Hello There, It's another day to practice CENTS by taking a shot at another productocracy Idea. I will keep doing this for at least a week until I get a hang out of It. However, I won't take It so far as to make It an action-faking method. Let's begin: Today, in the shower, I began to think...
  9. J

    Practicing CENTS - My first business Idea.

    IDEA 
    Hello there. I'm an electronics engineering student who doesn't want to spend the rest of his life working like a mule to get only Saturday and Sunday. And since I'm currently working on ideas for my thesis, I figured out I could practice my productocracy-seeking muscles too by making some...
  10. MJ DeMarco

    You get rich owning things you control...

    GOLD! NEWSLETTER 
    From the Life in the Fastlane newsletter... Subject: Financial blasphemy: $6 lattes, debt, more... Last week I tweeted the following truth: Among one of those truths, there was one I want to call your particular attention to: If you look at any person who has accumulated wealth (and by...
  11. Owknn

    3D printing business

    IDEA 
    Hello, dear entrepreneurs. After 3-4 failed businesses, I’m back here to get some idea’s from you. Currently me and my partner (The dude with the black T on my profile picture) had an idea of Print on demand 3D printing business. What do you think of it? Does it correlate with the CENTS rules...
  12. Andreas Thiel

    Midjourney as a Case Study

    ASSERTION 
    "Midjourney, Inc" is an intereting company to take a look at. I think diffusion models for asset creation have more short term potential than LLMs do. Midjourney might be in a critical phase right now. They do focus on the product and listen to their users. They do micro-polls on their Discord...
  13. sarah_ana

    Starting a business in a saturated Market . Is it too late to start a herbal tea brand?

    IDEA 
    This is my first time posting in this forum I discovered @MJ DeMarco a month or so ago and began reading Fastlane millionaire and I've been on my pursuit of living life on my own terms since then. A little about me : I'm 21 years old and from the Uk and have already started 2 businesses (both...
  14. T

    Podcasting CENTS?

    QUESTION 
    Seems like podcasting doesn’t fit the cents criteria - has anyone built a fast lane business around a podcast? Seems like internet companies in general/ social media influencing would violate E, right? i couldn’t find the answer when I searched but curious what the consensus is. Thanks!
  15. jenna

    Where do I read about ideas that satisfy the commandment of time?

    QUESTION 
    I would have thought it would be in the "time" tag but that's mostly people talking about how they spend their time. It's not in the "cents" tag or "commandments" tag. I found a tag called "commandment of time" and there's only 3 posts there. To me, "time" is the most important of the...
  16. W

    Kill or develop?

    IDEA MARKETING QUESTION 
    Hi, I recently came up with an interesting business idea that meets the CENTS premise, and I needed a soft proof if my idea would appeal to the market mind. I conducted a survey in which about 60% of the respondents said they would be interested in my product. I wanted to further test the...
  17. NeoDialectic

    Stop Trying To Make A Squirrel Fly!

    MINDSET EXECUTION 
    This thread will have two parts. Part one is advice to aspiring entrepreneurs while part two is a request from those that have a good amount of business experience. Part 1 I wholeheartedly agree with the Fastlane notion that your business should not have to be based on your passions. HOWEVER I...
  18. PPrince

    Block chain development as a viable CENTS business model?

    IDEA SIDE HUSTLE 
    Good day everyone, Two days ago, I spoke to an old friend I hadn't heard from in years. He'd talked about pursuing black chain development certifications and qualifications to forge a "new direction for his existence." His current position as a Trust Officer was draining him of life (and his...
  19. L

    Having to many ideas

    IDEA CHAT 
    Hey, A fictional scenario: You have found 3 ideas to meet all the aspects of CENTS. What other criteria would you choose to make a decision for one idea (and thus against the 2 others)? (To implement all of them is not possible in this scenario) My Problem is that i have many ideas and i cant...
  20. Hanabi

    How I Found My CENTS Business Model. Tips to Help YOU Find Yours.

    NOTABLE! MINDSET 
    Hello, nice to meet you:smile:! My name is Yoshina, and I’m 24 yrs old. I’d like to tell you my story of how I came up with my business idea that fits the CENTS model and my thought process towards entrepreneurship through the years, if you don’t mind;). (Tips at the end:smile2:) When I was...

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