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control

  1. K

    Joining as a co-founder - can it become Fastlane?

    QUESTION 
    Background on myself I'm 24 years old, competent in building technology and entrepreneurship. I co-founded 2 tech businesses, which I hustled on for a total of 4 years while simultaneously working and studying (these did not succeed). Now I'm self-employed, doing ideation, networking, and...
  2. D

    Control is EVERYTHING (branching out into new ventures ).

    EXECUTION 
    Hey Fastlaners, I'm a silent lurker, and I've previously posted my introductory thread here: https://www.thefastlaneforum.com/community/threads/i-am-a-new-deaf-fast-laner-and-i-want-to-share-my-story-long-read.91633/#post-966314 As you might know, I was born deaf and had quite major hardships...
  3. 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...
  4. BlackMagician

    It's NOT about money. It's about Freedom & Control

    MINDSET 
    Woke up today at 8am, without alarm. The first thing I saw was my 7 months old son smiling at me and sucking my shirt. What a wonderful start. Slowly the day started. The giggling of my son, my wife calling me, hugging me and saying sweet words in the first 30 mins of my day. My parents and...
  5. 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...
  6. EmotionEngine

    Unity Game Engine just exercised their power of control that would destroy Indie Game Scene

    HOT! RANT 
    Game developers who have been using the Unity Game Engine for years may have to look into learning alternatives because we hitched a ride with someone who cannot be trusted. MJ's books of course warns about this, but its hard to avoid in game software since building your own game engine is an...
  7. Gepi

    I Need Your Advice! Want to Slowly Gain More C in CENTS

    MARKETING 
    Ok peeps. I need your advice. I have been slowly but steadily building an online presence with 3D design courses on Skillshare and Youtube tutorials over the past few years. Also see progress thread here. The topic of this thread: Now that I published my latest Blender 3D sculpting class and...
  8. M

    Can a Youtube channel be a good business in spite of the lack of control?

    EXECUTION QUESTION 
    I'm reaching out to you today with a question and the hope of some advice and perspective. Lately I've been thinking about creating a YouTube channel and getting started with a "content-system" business model. I am very excited about the idea of helping others improve their skills and initiate...
  9. bpere11

    Question for MJ DeMarco

    QUESTION 
    Hey MJ, In 'The Millionaire Fastlane', you write about the risks, downsides and perils of "hitchhiking" on someone else's business. I understand that it's not wise to ride on the coat tails of someone else's business as it means you're at their mercy and they can change the rules or switch...
  10. M

    Does a service business violate the rule of Control?

    QUESTION 
    According to Millionaire Fastlane, you want to CONTROL your business asset. Without it, you're just an operator working for the business. Makes sense (or is it CENTS? :) ). And yet, if you're working on a service business like an ad agency or web design business, you run into customers that...
  11. grosyek23

    Need some Advice/Ideas to gain control

    IDEA 
    So, i just read the chapter about "Control" and i realised that i rely to much on youtube. I can't figure out how i could gain more control of my business instead of just relying on youtube. Thanks for any advice.
  12. SEBASTlAN

    Control > ENTS

    RANT 
    a Twitter tool making $1M+ ARR was recently shut off overnight by their API overlord: Access has since been restored, but this serves as yet another reminder to never have your business lie solely in the hands of any: - API - License agreement - Affiliate merchant - eCommerce platform/vendor...
  13. danbucknam

    I had a successful fish oil for dogs on Amazon.

    INTRO 
    Hello All, I had a successful Fish Oil for Dogs product on Amazon. The problem of the business is it violated the C in cents. Amazon had control of my business and success. I am skilled in Graphic Design, Product photography, and WordPress. I am interested in owning an unscripted business at...
  14. K1 Lambo

    Andrew Tate Banned? A prime example of the Commandment of Control

    HOT! IDEA 
    Good day fellas, I just wanted to share this important lesson with you. Recently, a guy named Andrew Tate got banned from all social media platforms like TikTok, YouTube, Instagram and FB. And the guy had a huge reach. He had two big YouTube channels like TateSpeech(with about 770k subscribers)...
  15. Shehzan lahori

    Do you think Youtube breaks The Commandment of Entry?

    MINDSET SOCIAL MEDIA 
    Give reason to your answer
  16. L

    You always give up a piece of control with an internet business, don't you?

    Hey, in the book "The Milionars Fastlane" one capital is about the control you should always have yourself. But if you build a website, for example, through WordPress, then you also give up control there, because you give WordPress the power. And then with traffic, you don't always have the...
  17. Young Money

    I violated CENTS and my business failed..

    MINDSET FAILURE 
    My first product failed and I lost a lot of money on it. Now I’m looking back at what went wrong to make sure I don’t make the same mistakes for the new business I’m starting. Well, all I really had to do was a CENTS analysis and it became clear very fast! First Business (Amazon FBA Product)...
  18. ryjohn829

    Does this go against the commandment of CONTROL?

    I’m starting my first fastlane Bussiness, a product based service that solves a certain problem in the chewing gum industry. (I will update my forum with more information on this project soon) I need gum base and we have been trying to make our own for weeks with all kinds of crazy ingredients...
  19. Drive2Riches

    Primary vendor raising its costs by 150% forces innovation (command of Control)

    EXECUTION 
    Over the next few weeks, I'm going to be looking around for how I can eliminate my reliance on this particular vendor. For about three years, the service they provided me with has been a perfect fit for my system, a perfect cog in my business wheel. They wrote that they're raising my cost per...
  20. Doctor.IM

    Opinions Needed - Email Marketing Agency

    MARKETING 
    Hi Guys, I'm about to launch and fully focus on a brand new venture, on which I'd love to have some opinions about. It'll be a performance-based email marketing agency for e-commerce owners on the FR market. Why Email Marketing ? My core skills are Amazon and Email marketing. As it has been...

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