Hey everyone, I posted a intro. thread when I first discovered this forum that can be found here https://www.thefastlaneforum.com/introductions-networking/37394-hey-california.html
I am posting this thread because I want to be held accountable for my progress and contribute back to the forum. I never posted much as you can tell from my 8 post, but I'd finished reading the book last year in high school and have been reading the forum almost every day since. Hopefully this thread will provide some value and motivate others like how the forum has motivated and changed me.
My life right now:
- 18 years old, no debt at all
- Attending a University because I am forced by my parents.
- Working as a Waiter 4 hrs a day, 3 times a week (way better compared to Carl's Jr )
My current progress:
After many failures, losing over $600+ trying to make money, I finally found a product that I want to start branding. I will not reveal the product because it is relatively new and growing, but I found it by looking at the people around me and figuring out what was a hot seller. There are many people selling the product but they are not trying to brand the product. I believe are 3-5 brands in the niche so far (have to do more research on that).
I went on alibaba and searched for the product and emailed a few manufacturers with the help of biophase's thread on how to contact manufacturers somewhere on the forum. They all responded but I went with one that I felt I could trust. Of course I did some research on the company before hand so I wouldn't get scammed. I searched up on Google how to avoid getting scammed on alibaba and found these two that helped me 5. How to check your Supplier before ordering-Alibaba Trade Forums and 7 Ways to Get Scammed on Alibaba
I placed a sample order of 10pcs last week sold all of them this week on eBay with a 100% ROI after fees. So I placed another order with higher quantity today and hopefully it will arrive Monday/Tuesday so I can start selling again. My plan is to continue to raise the quantity until I can reach the MOQ to start branding the product.
My current goals:
- Reach the MOQ to brand the product in a month or two
- Open a credit card strictly for purchasing products to sell
- Think of a name for my brand
- Hire someone from 99design to create a logo
- Create an eCommerce website
- Think of a way to market
It feels good to finally start making money on my own. Reading the book and forums is really helpful and informative but it only took me so far. All it took was for me to pull the trigger and take action. I still have a bunch to learn but I am ready to start my journey into the fastlane. :driving:
I am posting this thread because I want to be held accountable for my progress and contribute back to the forum. I never posted much as you can tell from my 8 post, but I'd finished reading the book last year in high school and have been reading the forum almost every day since. Hopefully this thread will provide some value and motivate others like how the forum has motivated and changed me.
My life right now:
- 18 years old, no debt at all
- Attending a University because I am forced by my parents.
- Working as a Waiter 4 hrs a day, 3 times a week (way better compared to Carl's Jr )
My current progress:
After many failures, losing over $600+ trying to make money, I finally found a product that I want to start branding. I will not reveal the product because it is relatively new and growing, but I found it by looking at the people around me and figuring out what was a hot seller. There are many people selling the product but they are not trying to brand the product. I believe are 3-5 brands in the niche so far (have to do more research on that).
I went on alibaba and searched for the product and emailed a few manufacturers with the help of biophase's thread on how to contact manufacturers somewhere on the forum. They all responded but I went with one that I felt I could trust. Of course I did some research on the company before hand so I wouldn't get scammed. I searched up on Google how to avoid getting scammed on alibaba and found these two that helped me 5. How to check your Supplier before ordering-Alibaba Trade Forums and 7 Ways to Get Scammed on Alibaba
I placed a sample order of 10pcs last week sold all of them this week on eBay with a 100% ROI after fees. So I placed another order with higher quantity today and hopefully it will arrive Monday/Tuesday so I can start selling again. My plan is to continue to raise the quantity until I can reach the MOQ to start branding the product.
My current goals:
- Reach the MOQ to brand the product in a month or two
- Open a credit card strictly for purchasing products to sell
- Think of a name for my brand
- Hire someone from 99design to create a logo
- Create an eCommerce website
- Think of a way to market
It feels good to finally start making money on my own. Reading the book and forums is really helpful and informative but it only took me so far. All it took was for me to pull the trigger and take action. I still have a bunch to learn but I am ready to start my journey into the fastlane. :driving:
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. :-)
Last edited by a moderator:
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today