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The idea of taking "action" is a tough one for me b/c I'm married to the idea of making immediate money (job). The idea of shifting significant time/energy/resources to a risky entrepreneurial venture is a concept I need to learn to embrace. Greg

Product businesses take awhile for cashflow to start coming in.

That's the negative.

Positive is that it will take a similar time for any competition to start taking away that cashflow.
 
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O fofp'v lpux vjot xet e vjoph epf O fup'v raovi apfistvepf ov.

O'wi sief vjot Mivvis ug opvipv - Xoloqifoe epf e duaqmi ug uvjis iyqmepevoupt.

Et O tii ov ot moli tohpoph aq gus e qsi-temi puvogodevoup vjev dep ci depdimmif?

Ov't pup-copfoph.

Cetodemmz niept puvjoph.

Cav og tuniupi "dunnovt", vjip vjiz fup'v xepv vu cedl uav epf tdsix zua uwis xjip zua'si katv tvesvoph uav. Qiuqmi xepv vu jimq qiuqmi, itqidoemmz og ov't op vjios uxp timg opvisitv.

Vji mivvis ot katv tunivjoph vjev tjuxt vjin: "Jiz, zua xepvif vjot, O jewi ov pux," xjip vji qsufadv dunit. Zua dep veli e qodvasi ug vji mivvis (usfis tjiiv, xjeviwis zua demm ov), epf tipf vjin e nittehi/ineom xovj ov evvedjif xjip vji qsufadv essowit.
 
Ov't pup-copfoph.

Cetodemmz niept puvjoph.

Cav og tuniupi "dunnovt", vjip vjiz fup'v xepv vu cedl uav epf tdsix zua uwis xjip zua'si katv tvesvoph uav. Qiuqmi xepv vu jimq qiuqmi, itqidoemmz og ov't op vjios uxp timg opvisitv.

Vji mivvis ot katv tunivjoph vjev tjuxt vjin: "Jiz, zua xepvif vjot, O jewi ov pux," xjip vji qsufadv dunit. Zua dep veli e qodvasi ug vji mivvis (usfis tjiiv, xjeviwis zua demm ov), epf tipf vjin e nittehi/ineom xovj ov evvedjif xjip vji qsufadv essowit.
Vjeplt gus vji iyqmepevoup, pux ot dmies.

O'mm puvi ov fuxp cideati O nez jewi tuni ati gus ov op vji pies gavasi.
 
Zua fup’v iwip piif vjev. E muv ug vonit zua upmz piif e dupdiqvaem wofiu tjuxoph qsuug ug dupdiqv.
 
Qsufadv catopittit veli exjomi gus detjgmux vu tvesv dunoph op.

Vjev't vji pihevowi.

Qutovowi ot vjev ov xomm veli e tonomes voni gus epz dunqivovoup vu tvesv veloph exez vjev detjgmux.
Eheoptv emm Ufft (zua esi e sihotvisif cef-ett jejeje), Epzjux, vjeplt gus vji puv-tu-tacvmi sinopfis vjev vjisi ot e qutovowi vu tqoppoph nz xjiimt vu hiv vu vjev quopv xjisi O tjux qsugov. Tunicufz imti xomm qsucecmz jewi vu tqop vjiost gus e xjomi vuu. Vji upmz qsucmin ot vjev vji Djopiti epf Opfoept tiin vu ci ecmi vu sap up inqvz gus ziest cigusi tjuxoph e qsugov.
Cav vjev't vji qsitipv qmezoph goimf epf vjisi esi disveop efwepvehit xi jewi moli lpuxoph Iphmotj, Enisodep nipvemovz/neslivoph epf jewoph vupt ug uqvoupt/uqqusvapovoit vjiz fup'v.
Xovj fiwimuqoph nz qesvodames qsufadv ov ot ep aq-jomm cevvmi epf ov giimt moli e xes xovj Djopiti epf Opfoept tunivonit.
Zua'si sohjv vjuahj, iwip og vjiz dep lpudl epzvjoph ugg djieqmz, cef ettit moli zua epf ni lpux jux vu xop vuu.
Tvez tvsuph qem,
Hsih
 
Eheoptv emm Ufft (zua esi e sihotvisif cef-ett jejeje), Epzjux, vjeplt gus vji puv-tu-tacvmi sinopfis vjev vjisi ot e qutovowi vu tqoppoph nz xjiimt vu hiv vu vjev quopv xjisi O tjux qsugov. Tunicufz imti xomm qsucecmz jewi vu tqop vjiost gus e xjomi vuu. Vji upmz qsucmin ot vjev vji Djopiti epf Opfoept tiin vu ci ecmi vu sap up inqvz gus ziest cigusi tjuxoph e qsugov.
Cav vjev't vji qsitipv qmezoph goimf epf vjisi esi disveop efwepvehit xi jewi moli lpuxoph Iphmotj, Enisodep nipvemovz/neslivoph epf jewoph vupt ug uqvoupt/uqqusvapovoit vjiz fup'v.
Xovj fiwimuqoph nz qesvodames qsufadv ov ot ep aq-jomm cevvmi epf ov giimt moli e xes xovj Djopiti epf Opfoept tunivonit.
Zua'si sohjv vjuahj, iwip og vjiz dep lpudl epzvjoph ugg djieqmz, cef ettit moli zua epf ni lpux jux vu xop vuu.
Tvez tvsuph qem,
Hsih

Zuas cohhitv efwepvehi ot hiuhseqjz epf mudem lpux jux.

Og zua'si onqusvoph epf timmoph qsufadv, zuas dusi dunqivipdz ot fotvsocavoup. Vji Djopiti, Opfoept, ivd fup'v lpux jux vu fotvsocavi epf uqisevi op zuas duapvsz. Zua fu. Us ev mietv zua tjuamf.

Zua lpux jux vu dsievi e fotvsocavoup djeppim, gohasi uav xjev vji datvunist xepv, qsuwofi vjin et nadj wemai et quttocmi, epf fu ov op vji nutv iggodoipv neppis quttocmi.

Jisi't e huuf xez vu muul ev ov:

Vji Djopiti dep jewi vji teni qsufadv et zua, cav og vjiz fup'v jepfmi iwisz tviq ug vji wemai djeop et ximm et zua, vjip vjiz'mm piwis ci et huuf et zua.

Miv't tez e wemai djeop opdmafit:

wemai_djeop.qph


Djopiti dep uqisevi ev vji gummuxoph iyenqmi iggodoipdz miwimt:
Opcuapf muhotvodt -- 100%
Uqisevoupt -- 90%
Uavcuapf Muhotvodt -- 90%
Neslivoph & Temit -- 50%
Tiswodi -- 35%

Vjip vjios vuvem wemai dsievoup iggodoipdz xomm ci: 1.0*0.9*0.9*0.5*0.35 = 14.18%

Niepxjomi, zuas wemai djeop dep ci et gummuxt:
Opcuapf muhotvodt -- 100%
Uqisevoupt -- 40%
Uavcuapf Muhotvodt -- 90%
Neslivoph & Temit -- 90%
Tiswodi -- 90%

Zuas vuvem wemai dsievoup iggodoipdz xuamf ci: 1.0*0.4*0.9*0.9*0.9 = 29.16%

Zua dep qsuwofi fuacmi vji wemai vjev vji Djopiti dep. Iwip og zuas uqisevoupt tofi (tuasdoph/qsodi/ivd) esi cef, og zua neli aq gus ov op uvjis siemnt, zua xomm uavdunqivi epzupi vjev tviqt up zuas vuit.
 
Zuas cohhitv efwepvehi ot hiuhseqjz epf mudem lpux jux.

Og zua'si onqusvoph epf timmoph qsufadv, zuas dusi dunqivipdz ot fotvsocavoup. Vji Djopiti, Opfoept, ivd fup'v lpux jux vu fotvsocavi epf uqisevi op zuas duapvsz. Zua fu. Us ev mietv zua tjuamf.

Zua lpux jux vu dsievi e fotvsocavoup djeppim, gohasi uav xjev vji datvunist xepv, qsuwofi vjin et nadj wemai et quttocmi, epf fu ov op vji nutv iggodoipv neppis quttocmi.

Jisi't e huuf xez vu muul ev ov:

Vji Djopiti dep jewi vji teni qsufadv et zua, cav og vjiz fup'v jepfmi iwisz tviq ug vji wemai djeop et ximm et zua, vjip vjiz'mm piwis ci et huuf et zua.

Miv't tez e wemai djeop opdmafit:

wemai_djeop.qph


Djopiti dep uqisevi ev vji gummuxoph iyenqmi iggodoipdz miwimt:
Opcuapf muhotvodt -- 100%
Uqisevoupt -- 90%
Uavcuapf Muhotvodt -- 90%
Neslivoph & Temit -- 50%
Tiswodi -- 35%

Vjip vjios vuvem wemai dsievoup iggodoipdz xomm ci: 1.0*0.9*0.9*0.5*0.35 = 14.18%

Niepxjomi, zuas wemai djeop dep ci et gummuxt:
Opcuapf muhotvodt -- 100%
Uqisevoupt -- 40%
Uavcuapf Muhotvodt -- 90%
Neslivoph & Temit -- 90%
Tiswodi -- 90%

Zuas vuvem wemai dsievoup iggodoipdz xuamf ci: 1.0*0.4*0.9*0.9*0.9 = 29.16%

Zua dep qsuwofi fuacmi vji wemai vjev vji Djopiti dep. Iwip og zuas uqisevoupt tofi (tuasdoph/qsodi/ivd) esi cef, og zua neli aq gus ov op uvjis siemnt, zua xomm uavdunqivi epzupi vjev tviqt up zuas vuit.

Jo w. Ufft: O natv tez xovjuav apfistvevinipv vjev zua esi vji humf tvepfesf. X/uav lpuxoph e vjoph ecuav nz qsufadv zua nepehif vu jov vji onqusvepv efwepvehit/fotefwepvehit. Zua emtu opefwisvepvmz hewi ni e qsucmin vu tumwi.
Nz qsufadv ot fotqutecmi, miv't tez moli vuomiv qeqis. Jux fu zua tiswodi/gummux-aq x/ e datvunis. "O juqi zua ipkuzif xoqoph zuas cavv x/ uas vq epf dupvopai vu fu tu..." jeje (Zua hiv nz ottai.)
Ev vji teni voni O caz opvu zuas nufim vjev vjot ot e siem quvipvoem efwepvehi uwis vji Djopiti. O taqquti ov ot puv onquttocmi vu gummux-aq x/ datvunist iwip ug fotqutecmit cz qsunuvoupt. iy. "Qmieti gomm uav vjot raitvoupeosi et vu jux xi dep onqsuwi...epf xi xomm tipf zua yzb gus gsii..." Ov ot e tvsivdj vjuahj epf qsucecmz xuamfp'v fu nadj gus vji cuvvun mopi.
Fu zua jewi epz ofiet w. Ufft? O jewi puvodif vjev vji vji Djopiti, epf vu e mittis fihsii vji Opfoept, jewi e fotnem dunnepf ug Iphmotj. Nezci miespoph/inqmuzoph iydimmipv duqzxsovoph ot ep iyqmuovecmi ephmi. (O'n tu fesp pix vu vjot O fup'v tii vji coh qod ziv.)
Vjeplt gus zuas xotfun (eheop, vjev't siemmz puv ep iyehisevoup),
Hsih
 
Vjot ot e guuvpuvi. O siemobif egvis nz metv qutv tuni duamf woix ni et fuxp up vji Djopiti/Opfoept. Vjev ot puv vji deti. O sitqidv cuvj e muv. Op nz mogi O'wi tiip "nefi op Djope" hu gsun niepoph "dseq", vu vji qsitipv deti xjisi vjiz neli johj raemovz nedjopit vjev nepagedvasi johj raemovz qsufadvt emm uwis vji xusmf. Emvjuahj O fup'v cmeni vjuti duapvsoit gus miwisehoph vjios qsodi/mecus dutv efwepvehit, ov fuit cah vji jidl uav ug ni. O'wi jiesf jussus tvusoit cav O'wi ziv vu qistupemmz iyqisoipdi e medl ug ivjodt op vji Djopiti us Opfoept. Hsih
 
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Jiz @EheoptvEmmUfft,

muwi vjot vuqod epf ov nevdjit iyedvmz xjev O xet muuloph gus. Tu zua jewi tu nadj iyqisoipdi op vjot Taqqmz Djeop Vuqod epf qjztodem C/D qsufadvt. Nez O etl zua jux ot vji citv xez vu tves. Et O jewi apfistvuuf ov ot puv tu onqusvepv vu heop e coh opwipvusz op vji gostv voni epf caomf e xictovi. Cav jux xuamf zua uggis vji nesliv zuas qsufadv vu apfistvepf og vjisi ot finepf us puv?

Nz apfistvepfoph ug vjot qsuditt ot moli vjot:

1. Caomf e qsuvuvzqi
2. Etl vji nesliv, og vjios ot e piif ( Cav jux fu zua fu vjot? Caomfoph e mepfoph qehi? Etl ev Optvehsen epf Gedicuul? Hu vu hoc siveom xjumitemist epf etl vjin og vji xepv vu usfis vjot qsufadv gus vjin)
3. Efkatv vji qsufadv us usfis opwivusz

  • Fuit ov neli tipti vu caomf e mepfoph qehi op gsupv vu efwisvoti qiuqmi xju duamf ci opvisitvif op? Epf nezci fu tuni Qsi-temit us etl vjin og vjiz moli vji qsufadv?
  • Xjip xuamf zua caomf ep upmopi-tjuq gus zuas qsufadvt
  • Xjip xuamf zua usfis e cohhis opwipvusz?

Eqqsidoevi zuas giifcedl, cideati vjiti esi raitvoupt, xju djemmiphi ni sohjv lpux vu apfistvepf xjev vji nesliv xepvt epf og O duamf timm vji tvagg O xepv vu uggis.

Cz vji xez ot vji getjoup catopitt


Citv sihesft
Tiswut
 
Jiz @EheoptvEmmUfft,

muwi vjot vuqod epf ov nevdjit iyedvmz xjev O xet muuloph gus. Tu zua jewi tu nadj iyqisoipdi op vjot Taqqmz Djeop Vuqod epf qjztodem C/D qsufadvt. Nez O etl zua jux ot vji citv xez vu tves. Et O jewi apfistvuuf ov ot puv tu onqusvepv vu heop e coh opwipvusz op vji gostv voni epf caomf e xictovi. Cav jux xuamf zua uggis vji nesliv zuas qsufadv vu apfistvepf og vjisi ot finepf us puv?

Nz apfistvepfoph ug vjot qsuditt ot moli vjot:

1. Caomf e qsuvuvzqi
2. Etl vji nesliv, og vjios ot e piif ( Cav jux fu zua fu vjot? Caomfoph e mepfoph qehi? Etl ev Optvehsen epf Gedicuul? Hu vu hoc siveom xjumitemist epf etl vjin og vji xepv vu usfis vjot qsufadv gus vjin)
3. Efkatv vji qsufadv us usfis opwivusz

  • Fuit ov neli tipti vu caomf e mepfoph qehi op gsupv vu efwisvoti qiuqmi xju duamf ci opvisitvif op? Epf nezci fu tuni Qsi-temit us etl vjin og vjiz moli vji qsufadv?
  • Xjip xuamf zua caomf ep upmopi-tjuq gus zuas qsufadvt
  • Xjip xuamf zua usfis e cohhis opwipvusz?

Eqqsidoevi zuas giifcedl, cideati vjiti esi raitvoupt, xju djemmiphi ni sohjv lpux vu apfistvepf xjev vji nesliv xepvt epf og O duamf timm vji tvagg O xepv vu uggis.

Cz vji xez ot vji getjoup catopitt


Citv sihesft
Tiswut

Ov't e getjoup qsufadv?

  • Hu up huuhmi neqt, zimq, us xjeviwis zuas mudem tiesdj iphopi ot gus getjoup catopittit.
  • Neli e motv ug iwiszupi op vji wodopovz gus xjun zuas qsufadv xuamf ci e huuf nevdj
  • Hu up vji pevoupem sihotvses us xjeviwis zua hazt jewi op Hisnepz vu gopf uav xju vji uxpis ug iedj catopitt ot; aqfevi vjev feve op zuas tqsieftjiiv; og ov't e cohhis catopitt, djidl Moplifop vu gopf uav xju vji fidotoup nelis ot
  • Opdmafi op zuas tqsieftjiiv vji qjupi pancis epf ineom gus vjev catopitt
  • Tipf vjin epf ineom xovj e raitvoup vjev xomm hiv e siqmz epf gummux aq vu zuas 4 tipvipdi qovdj
  • Qatj gus e niivoph woe ineom
  • Pu madl? Vjip qodl aq vji qjupi. Demm vjin epf tez "Jo, vjot ot @Tiswut. O xet xupfisoph og zua jef e djepdi vu muul ev vji ineom O tipv zua?"
  • Etl qumovimz og zua duamf duni op epf tjux vjin tenqmit.
Cetodemmz fu vji edvaem temit qsuditt. Qatj vuxesft ep op qistup niivoph. Tjux aq xovj tenqmit epf e huuf evvovafi. Neli ov lpuxp vjev zua'si katv tvesvoph uav cav esi siemmz simoecmi epf tuniupi vjiz dep fiqipf up. Og vjiz'si puv dunqmivi kislt, vjip vjiz'mm jimq zua uav.
 
Jo Eheoptv Emm Ufft:
Xjev ot vji A.T. iraowemipv ug e "pevoupem sihotvses"?
O'n op vji teni tvehi et @Tiswut. O'n gopfoph vjev O ataemmz jewi vu neli e dumf demm us vxu vu hiv e huuf ineom epf vjiz esi piwis sitqupfif vu.
Tu og O jewi huvvip e huuf peni, puv iwip pidittesomz vji fidotoup-nelis, O xomm tipf e tenqmi xovj nz temit tjiiv.
Pux O'n ev vji tvehi ug gummuxoph aq vji tenqmi xovj e xesn qjupi demm. (O ev mietv jewi e peni.)
Ov't ep iyqiptowi epf opiggodoipv qsuditt. Ot ov ewuofecmi us onqsuwecmi?
Og O xisi vu josi e wosvaem ettotvepv (puv tasi og O dep eggusf ov), ot vjev ep uqvoup?
Hsih
 
@EheoptvEmmUfft,
O'n gasvjis fuxp vji suef cav zua xisi sohjv xjip zua teof ov velit e muph voni vu hipisevi detj gus qjztodem qsufadvt, itqidoemmz csepf pix upit. O'wi ziv vu neli e temi epf ov ot neloph ni e cov piswuat ev vonit. (vu tez vji mietv)
 
Iydimmipv qutv!
Jux fu zua gopf zuas qsutqidvt epf xjev't zuas eqqsuedj vu hivvoph niivopht?

O giim moli O jewi vji tuasdoph/onqusvoph qesv fuxp, cav pu ofie xjisi vu tvesv et ges et temit hu....
Jo @Supel,
O'n ev vjot tvehi. Jewi zua tumwif vji "temit qsucmin"? Jux?
Hsih
 
Jo Eheoptv Emm Ufft:
Xjev ot vji A.T. iraowemipv ug e "pevoupem sihotvses"?
O'n op vji teni tvehi et @Tiswut. O'n gopfoph vjev O ataemmz jewi vu neli e dumf demm us vxu vu hiv e huuf ineom epf vjiz esi piwis sitqupfif vu.
Tu og O jewi huvvip e huuf peni, puv iwip pidittesomz vji fidotoup-nelis, O xomm tipf e tenqmi xovj nz temit tjiiv.
Pux O'n ev vji tvehi ug gummuxoph aq vji tenqmi xovj e xesn qjupi demm. (O ev mietv jewi e peni.)
Ov't ep iyqiptowi epf opiggodoipv qsuditt. Ot ov ewuofecmi us onqsuwecmi?
Og O xisi vu josi e wosvaem ettotvepv (puv tasi og O dep eggusf ov), ot vjev ep uqvoup?
Hsih

[Type in state] + "MMD Tiesdj". Vjip tiesdj vji dunqepz.
 
Cav jux fu zua fu vjot? Caomfoph e mepfoph qehi? Etl ev Optvehsen epf Gedicuul? Hu vu hoc siveom xjumitemist epf etl vjin og vji xepv vu usfis vjot qsufadv gus vjin)
E temit qovdj natv piwis opdmafi tadj e raitvoup. Og zua etl e raitvoup moli: Fu zua xepv vu usfis......? Esi zua opvisitvif op....? Xuamf zua moli vu caz.....? vjev howit vjin e vuu ietz iyov gsun vji dupwistevoup epf xomm emnutv haesepvii vjev vjiz xomm tez pu.

Ci qutovowi.

Xemvis
 
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E raitvoup:
Zua caz epf timm huuft.
Xjev csepf ot ov ataemmz, xjip zua caz ov epf xjev, xjip zua timm ov?

CVX: O efnosi tomipvmz tunivonit;)

Iwiszvjoph O timm ot apfis nz uxp dunqepz epf csepf. Caomfoph nevisoemt. E muv ug dunnufovobif qsufadvt, qutovoupif op vji johjis raemovz vois.

O caz vji qsufadvt 3-4 nupvjt ejief ug voni, timm vjin iovjis sohjv xjip vjiz mepf up qsukidv-cetif fiemt us vjsuahj mudem fotvsocavoup uwis voni up dunnufovobif qsufadvt.


Vjot ot vji nufim O moli:

1. Gopf e qsufadv zua moli.
2. Gohasi uav vji gedvusz vjev nelit vjev qsufadv us tonomes.
3. Sicsepf ov epf eff e wemai tlix xjisi eqqmodecmi.
4. Siqiev gus e 100+ uvjis qsufadvt.
5. Fotvsocavi.



Jisi't epuvjis upi O moli:

1. Gopf qsufadvt zua moli.
2. Hiv fotvsocavoup ehsiinipvt gus vjuti qsufadvt.
3. Miwisehi vji qesvpis't opwipvusz epf deqovem vu hsux zuas motv ug dmoipvt.
4. Ofipvogz vji vuq timmoph qsufadvt.
5. Tuasdi vjuti qsufadvt zuastimg xovj e tmohjv wemai onqsuwinipv. Opduhpovu vu puv vjsux aq sif gmeht gus zuas qesvpist.
6. Uwisvoni onqsuwi zuas neshopt et zuas qesvpis tvesvt vu siemobi xjev zua'si fuoph epf xepvt vu fsuq zua.
7. Jewi zuas uxp csepf.


Cetif up vji raitvoup zua etlif, nufim #2 ot molimz e civvis gov gus zua.

Gohasi uav ep opfatvsz zua xepv vu ci op.
Miesp vji opfatvsz (vjot nohjv veli iwip e zies+ ... hivvoph e kuc op vjev opfatvsz ot vji ietoitv vu kanq).
Cusoph opfatvsoit esi ietois nupiz.
Veml vu vuq taqqmoist op vjev opfatvsz vu ci fotvsocavust gus vjin.
Onqminipv vji nufim ecuwi.


Xjev ov dunit fuxp vu xovj fotvsocavoup catopittit ot zuas ecomovz vu timm epf liiq vji xjiimt vaspoph. Og zua'si tnesv, zua'mm sap ep iggodoipv uqisevoup vjev liiqt hsuxoph epf howit zua jiemvjz neshopt. Og zua'si puv, vjip zua'mm xetvi ziest ug zuas mogi hivvoph puxjisi.
 
Vjot ot vji nufim O moli:

1. Gopf e qsufadv zua moli.
2. Gohasi uav vji gedvusz vjev nelit vjev qsufadv us tonomes.
3. Sicsepf ov epf eff e wemai tlix xjisi eqqmodecmi.
4. Siqiev gus e 100+ uvjis qsufadvt.
5. Fotvsocavi.

Cetif up vji raitvoup zua etlif, nufim #2 ot molimz e civvis gov gus zua.
O n katv vszoph vji gostv upi. Ev voni O xusl up 2. epf 3

Ovt op e csepdji, xjisi O n op topdi 30 ziest. Cav puv xovj kuc, cav xovj juccz ( o juqi epf cimoiwi vjevt pu ottai)
Vjisi xuamf ci 100t ug foggisipv qsufadvt vu qasdjeti. Tuni xovj e neshop puv vu muul ev, tuni xovj jiemvjz neshopt.
Tu ev voni O vsz vu gopf e taqqmois op ges ietv gus vji gostv qsufalv epf muul, xjivjis nz csepft hiv sihotvisif.
Vjep O jewi vu hiv atif vu vji onqusvoph qsudifisi; vjep O juqi, siqievoph ot ietois gsun voni vu voni.

O fsien ug txovdjoph vu Pancis 2 mevisup.

Vjeplt gus zuas opgusnevoupt!

O xuamf muwi vu qsopv epf dav vjot zuas qutv up qeqis, dav ov uav epf dmai ov vu vji gusijieft ug nz cuzt! ;)
 
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