This thread will be a log of what it takes for me to make a fastlane by the time I am 18.
Hopefully there are people out there that will benefit from reading this.
Feel free to ask any questions.
I would like you all to criticize with the harshest possible feedback.
Opening Notes:
The Commandments
Control: It is mine. I can run it. It will not be reliant on any other source.
Entry: It has taking me years to learn what is in the product. No one can mimic it without extensive experience in the field.
Need: Problem - This is one of the most common problems people have and it seems most cannot solve it themselves.
Time: Everything is detached from my time except one segment of the business, which I plan to quickly change once money is flowing.
Scale: Massively scale-able except for the one flaw mentioned above which will be changed. Has the ability to effect millions.
Competition: Not mass marketed effectively, holes in service, My brand can outperform these.
Major Goals: Change the life of hundreds of thousands and make myself rich in the process.
First Monetary Goal: Make $1,500 per week by 18th birthday. (June 16th) 61 Days.
Progress So Far:
Promotional video completed
Web Hosting sorted
Domain secured
Product 75% completed
Costs So Far:
Tasks:
Time to get back to work.
Hopefully there are people out there that will benefit from reading this.
Feel free to ask any questions.
I would like you all to criticize with the harshest possible feedback.
Opening Notes:
- I am in Australia, however all monetary denominations will be is US dollars.
- I have a small amount of cash, I expect this business to take all of it. If I run out I will get a job to fund it.
- I go to school.
- Up to this point I would estimate that I have directly spent about 150 hours on this. From this point on I will track the time it takes.
The Commandments
Control: It is mine. I can run it. It will not be reliant on any other source.
Entry: It has taking me years to learn what is in the product. No one can mimic it without extensive experience in the field.
Need: Problem - This is one of the most common problems people have and it seems most cannot solve it themselves.
Time: Everything is detached from my time except one segment of the business, which I plan to quickly change once money is flowing.
Scale: Massively scale-able except for the one flaw mentioned above which will be changed. Has the ability to effect millions.
Competition: Not mass marketed effectively, holes in service, My brand can outperform these.
Major Goals: Change the life of hundreds of thousands and make myself rich in the process.
First Monetary Goal: Make $1,500 per week by 18th birthday. (June 16th) 61 Days.
Progress So Far:
Promotional video completed
Web Hosting sorted
Domain secured
Product 75% completed
Costs So Far:
- Promotional video voice-over $55
- Software $52
Tasks:
- Complete product
- Complete website
- Not sure the best way to go about this, spending a lot of time working it out.
- Set up Payments platform
- Get with account to set up company ($1150)
Time to get back to work.
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