D
DeletedUser84644
Guest
I don't get how MJ can say that you don't need much money to start a business when there are literally businesses that absolutely require capital to even get started. (Whether from your own money or investors). Starting an internet company is not the same thing as a manufacturing company. Where the former can be bootstrapped easily while the latter not so much.
While I understand that MJ can often oversimplify things to not have one overwhelmed by the details of everything to make the messaging hit home, knowing the details of everything is important when it comes to actually intending on taking action. If your product requires manufacturing, you cannot bootstrap that at all. You have to get money somewhere, and that's not bite sized money. You can only get that kind of seed capital from angel investors, and often, they're hard to find and convince. So personally, I find it a bit misleading. I like MJ's stuff and all, I just wish he did not leave out at the details of everything when it comes to the core components of what he talks about. It would be way more helpful if he at the very least explains the details that apply regardless of what kind of business you intend on doing. Your messaging can be fantastic, but if it doesn't actually spell out the precise details on what you must do action wise, then you feel helpless.
While I understand that MJ can often oversimplify things to not have one overwhelmed by the details of everything to make the messaging hit home, knowing the details of everything is important when it comes to actually intending on taking action. If your product requires manufacturing, you cannot bootstrap that at all. You have to get money somewhere, and that's not bite sized money. You can only get that kind of seed capital from angel investors, and often, they're hard to find and convince. So personally, I find it a bit misleading. I like MJ's stuff and all, I just wish he did not leave out at the details of everything when it comes to the core components of what he talks about. It would be way more helpful if he at the very least explains the details that apply regardless of what kind of business you intend on doing. Your messaging can be fantastic, but if it doesn't actually spell out the precise details on what you must do action wise, then you feel helpless.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
