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MJ, I stayed up half the night reading posts at this site last night. I just happened to stop by the “other†site last night and noticed you had a recent post. Having read most of your stuff at the other site years ago, I thought I’d check out the link in your signature line wondering if I’d actually see one of your business websites. So here I am.
First I would like to say I hope you are well.
And second I would like to say thank-you. It’s rare to find someone with your net worth willing to share so much of what you have learned. And hey, CONGRATULATION$ on the sale of your business.
It seems like from what I've read, you were fed up with people talking and not doing. So I thought I’d introduce myself by briefly telling my background of doing.
After reading all of RK’s books about five years ago, I quit my job and bought a service franchise. It’s paid the bills and I’m still in business but it’s not nearly what I was looking for in a business. I pretty much bought myself a job like they say. But I have learned a lot about business and what NOT to do. RK was wrong about franchises. It’s been my experience that the franchise I bought has very little value. I won’t mention their name but it’s a major one. I bought one of their spinoff divisions and it’s pretty much been a joke. WHERE ARE THEY? I feel for some of the people who get involved knowing what I know now. I spent less than $75k to get involved which is surely nothing to laugh at but I know others who have spent hundreds and hundreds of thousands…yikes!
I’m a franchisee so if anyone has any franchise questions please feel free to ask.
I spent a few thousand dollars and a lot of time last year looking at a business I nearly got into. Ever heard of sprayed foam insulation? If you're going to be in a service business it may be one of the better places to be. But, it took me writing a business plan and spending time and money to come to the conclusion that it's not what I'm looking for.
I’ve also flipped a bunch of junkers in the last six years. I stopped looking last year because I got tired of losing to people who were paying too much. I live in North Carolina and junkers here are cheap and the margins are low. Between the competition and not enough revenue, I simply wasn’t willing to put in the time anymore. I’m looking very hard at a way to get back into the game again this year. But with a twist. I have some keepers but I prefer flipping.
I believe you could say I’ve been in the slow lane. I’ve got some ideas I’d like to put into action this year that will hopefully qualify for what you all here call, THE FAST LANE. One real estate and one Internet idea. Unfortunately I’m lacking in the Internet experience but the idea itself seems pretty good. We are in a world of people who want everything right freakin now. And I’m hoping to capitalize on that.
Still looking for my first million and Very glad to be here!
First I would like to say I hope you are well.
And second I would like to say thank-you. It’s rare to find someone with your net worth willing to share so much of what you have learned. And hey, CONGRATULATION$ on the sale of your business.
It seems like from what I've read, you were fed up with people talking and not doing. So I thought I’d introduce myself by briefly telling my background of doing.
After reading all of RK’s books about five years ago, I quit my job and bought a service franchise. It’s paid the bills and I’m still in business but it’s not nearly what I was looking for in a business. I pretty much bought myself a job like they say. But I have learned a lot about business and what NOT to do. RK was wrong about franchises. It’s been my experience that the franchise I bought has very little value. I won’t mention their name but it’s a major one. I bought one of their spinoff divisions and it’s pretty much been a joke. WHERE ARE THEY? I feel for some of the people who get involved knowing what I know now. I spent less than $75k to get involved which is surely nothing to laugh at but I know others who have spent hundreds and hundreds of thousands…yikes!
I’m a franchisee so if anyone has any franchise questions please feel free to ask.
I spent a few thousand dollars and a lot of time last year looking at a business I nearly got into. Ever heard of sprayed foam insulation? If you're going to be in a service business it may be one of the better places to be. But, it took me writing a business plan and spending time and money to come to the conclusion that it's not what I'm looking for.
I’ve also flipped a bunch of junkers in the last six years. I stopped looking last year because I got tired of losing to people who were paying too much. I live in North Carolina and junkers here are cheap and the margins are low. Between the competition and not enough revenue, I simply wasn’t willing to put in the time anymore. I’m looking very hard at a way to get back into the game again this year. But with a twist. I have some keepers but I prefer flipping.
I believe you could say I’ve been in the slow lane. I’ve got some ideas I’d like to put into action this year that will hopefully qualify for what you all here call, THE FAST LANE. One real estate and one Internet idea. Unfortunately I’m lacking in the Internet experience but the idea itself seems pretty good. We are in a world of people who want everything right freakin now. And I’m hoping to capitalize on that.
Still looking for my first million and Very glad to be here!
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