Forum: Investments and Net Worth
05-12-2011, 05:37 PM
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Replies: 159
Views: 136,575
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Forum: Investments and Net Worth
25-11-2011, 09:36 PM
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Replies: 159
Views: 136,575
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Forum: Investments and Net Worth
25-11-2011, 09:33 PM
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Replies: 159
Views: 136,575
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Forum: Investments and Net Worth
25-11-2011, 05:16 PM
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Replies: 159
Views: 136,575
Hmm.. Agree that passive investing in small...
Hmm.. Agree that passive investing in small business is high risk but I would not say 99 tio makan as that is assuming almost all businessmen are unethical.
Also, it is not entirely true that...
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Forum: Investments and Net Worth
25-11-2011, 02:29 PM
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Replies: 159
Views: 136,575
Glad to be of help!
Hiring staff - Slow to...
Glad to be of help!
Hiring staff - Slow to hire and quick to fire. When hiring always evaluate carefully and do background reference checks. At least 2 rounds of interview. Reason? We want to...
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Forum: Investments and Net Worth
22-11-2011, 12:42 PM
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Replies: 159
Views: 136,575
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Forum: Investments and Net Worth
21-11-2011, 10:31 PM
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Replies: 159
Views: 136,575
No golden advice . Everyone is different. My...
No golden advice . Everyone is different. My experience is that sticking at it and plugging hard is required but there is a limit. I usually advice 2 years. If running for more than 2 years and u...
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Forum: Investments and Net Worth
21-11-2011, 03:53 PM
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Replies: 159
Views: 136,575
Self and family funded.
Paid myself 500 per...
Self and family funded.
Paid myself 500 per mth for first few mths, then once product works, paid myself 2500 to 4000 per mth btwn year 2-5. Towards year 5 , paid more director fee and bonuses but...
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Forum: Investments and Net Worth
17-11-2011, 09:23 AM
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Replies: 159
Views: 136,575
Agree with most points guys. If u do business...
Agree with most points guys. If u do business better be obsessive and driven about it. But let's make a distinction between trying to just get decently rich and building a perpetual business. For the...
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Forum: Investments and Net Worth
16-11-2011, 06:12 PM
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Replies: 159
Views: 136,575
two things. Profitability and scalability....
two things. Profitability and scalability. Profitability refers to net margins and how easy to get there. Some businesses have naturally high margins due to low cost of goods sold. Eg internet. Some...
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Forum: Investments and Net Worth
16-11-2011, 01:50 PM
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Replies: 159
Views: 136,575
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Forum: Investments and Net Worth
16-11-2011, 07:51 AM
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Replies: 159
Views: 136,575
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Forum: Investments and Net Worth
15-11-2011, 11:17 PM
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Replies: 159
Views: 136,575
Started as fresh grad. Made so many mistakes in...
Started as fresh grad. Made so many mistakes in first five years. But had the determination to sell and was willing to keep following the money by tweaking my business model to follow what clients...
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Forum: Investments and Net Worth
15-11-2011, 04:26 PM
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Replies: 159
Views: 136,575
My journey to wealth
Started out my own business when i was 24 as a fresh graduate. Along the way, got married and now have quite a few kids.
By 39, I have managed to achieve a net worth of about USD15M putting me...
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