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What If Someone Steals My Idea?
Jamey Stegmaier makes board games, and has raised more than $1.4 million for his projects via Kickstarter 💰 People often ask him if he worries about people stealing his ideas. Here he gives six reasons “why the fear of someone stealing your idea is unfounded, counterproductive, and detrimental.” My favorite is #4… Your idea is brilliant,…
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CPSO Framework
Here’s another framework that might be useful for analyzing a business or evaluating a business idea. Dane Maxwell lays out his CPSO framework in his book, Start From Zero… Dane gives an example in the book: PouPoorri dot com – Spray to stop the odor when you take a dump. I know very little about this…
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CENTS Framework
Here’s a helpful framework for quickly analyzing a business, from a book called The Millionaire Fastlane. C = how much control you have (or would have) over the business. E = what are the barriers to entry? A high barrier is actually a good thing in the long run because it makes it hard for someone to compete with you once…
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The Insane World of Bitcoin
James Jani’s YouTube channel delves into Bitcoin with insightful content and high-quality editing. His quick growth showcases the power of combining multiple skills for freelance success.
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Simple website earning $13k/month
Nick Loper has a book called $1000 100 Ways, all about different ways people have earned $1000. My favorite example from Nick’s book: ConvertCase.net It’s a site for converting uppercase text to normal case. The creator – Jason Gillyon – was inspired to build it 14 years ago when someone sent him an email in ALL…
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A Tale of Two Investors
Two investors start with $100,000 each 💰💰 So every two years, they would both seem to average out to a 20% gain. But fast-forward 50 years, and their returns look like this: The takeaway: you don’t need big flashy wins to achieve outstanding results. Just rack up small wins consistently and let time do the…
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Crazy ways to make a lot of money
Codie Sanchez asked for examples on Twitter and got lots of great responses 👈 One of my favorites is this guy buying and selling pennies, enough to pay for 2+ years of living expenses and an MBA. Some clever examples of entrepreneurial thinking in there, like getting a part-time job at FedEx to avail of the 40% employee…
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$15k/month Affirmation App
Mantra app: Developed by Efe Helvacı, it offers affirmations. Started free, now monetizes with subscriptions. Hit $15k MRR. Lesson: Improve on simple ideas.
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Play Call of Duty For Cash
1v1Me is an iPhone app that lets you bet on yourself to beat friends (or strangers) in Call of Duty. It recently cracked the list of top 30 apps in the Apple App Store and has a 4.4 star average from 82 ratings 🤩 They’re planning to expand to Android soon, and I suspect we’ll see this kind of service…
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Morning Habits that Make Money
The Sleep Judge surveyed over 1000 people about their morning routines and published their findings here. The #1 morning habit that corresponded with high income? 🏋️♂️ Working out Also high on the list: 🥶 Taking a cold shower🧘♀️ Meditation📝 Journaling
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214,000 Instagram followers in 8 months
Anushka Rathod reveals how she did it. Check her Instagram here, and you’ll see that many of her videos are in Hindi 🇮🇳 One of Anushka’s tips for success on Instagram: Pick a niche. Something that hasn’t been done before. Create your own style, the accounts that have grown the fastest have had a first…
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Nothing Else Matters
Dan Norris has been an entrepreneur for 13 years. During that time he started tons of businesses but has “only done 2 things that have ever worked.” One was an unlimited WordPress support service – which got acquired by GoDaddy – and the other a brewery 🍺 Dan writes… The reason your business is not…
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A Six-Figure, One-Person Newsletter
That’s trends.vc by Dru Riley. Dru uses a freemium business model, putting out a free version of his newsletter each week, and offering a premium version for paid subscribers. Wes Kimbell has a breakdown and insights from Dru’s business success here, estimating that trends.vc pulls in as much as $300,000 per year, despite only launching 18 months ago…
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Origins of a 27-Year-Old Billionaire
🎙 Acquired recently put out an episode about Ethereum and its founder Vitalik Buterin… If you thought Mark Zuckerberg IPO-ing Facebook at $100B by age 27 was something, just wait until you hear the story of this high school junior creating $500B (!!) of market cap by the same age… It’s a crazy story, but what especially…
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$1 Million Selling Slime
Jacob Karram tells his story via CNBC Make It on YouTube… He started the business at age 17 with $100, and now sells 4000 jars of slime online each week. Took him years to get to that point though, and apparently he still works 65 hours per week 😱 Some other videos from CNBC Make It that…
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