12-27-2018, 09:59 AM
Hi Duke, been a long time! it's always a pleasure to read your posts, brother. I hope you're doing well!
You've touched on a lot of things that I've been thinking about. Yes I've read E-Myth Revisited. It's about working on your business instead of just working in your business, so that your business also becomes something you can sell. This means usually franchising out the business or selling the whole brand. In my case the latter is more appropriate. Yes I have thought about this, many successful online brand builders have sold their whole brands for millions. It's an attractive exit strategy. It's not in my horizon yet though, since I need to improve my business a lot more before I can do that. Like I mentioned, my funnel is still lacking. Selling out is a possible option down the road but I am not focusing on that next year. I anticipate I will take more than a year to properly master building profitable funnels.
You brought up a giant topic in investing. Yes, I have been thinking about investing as well. In the more immediate future I am going to invest on traditional assets such as stocks, bonds and a house, but there are so many more options down the road. Angel investing, real estate development etc... Those are things that people such as Tim Ferriss and Tony Robbins do. It's all possible once I have more cash, but I've only got one measly million now. I've still got to focus on my business now but I admit, thinking I might one day do those high level things that my idols do is quite exciting.
And yes, I have been thinking that social circle plus social media is the way to go for game. We can't get the hottest women in nightclubs or online apps, we simply don't have access to them. It's by building connections and getting in high value events and situations that we can access the hottest women. I've recently watched Social Circle Blueprint by RSD Luke and it's really mind boggling. Being in high value social circles is so far out of my reality right now that I can't imagine myself doing it as of now. However this is the way forward and I will take a crack at it.
@Duke.Togo It's really amazing reading your post, it's as if you thought about these issues along the same lines as me. Wish you can start posting again so I can know how you're doing too!
You've touched on a lot of things that I've been thinking about. Yes I've read E-Myth Revisited. It's about working on your business instead of just working in your business, so that your business also becomes something you can sell. This means usually franchising out the business or selling the whole brand. In my case the latter is more appropriate. Yes I have thought about this, many successful online brand builders have sold their whole brands for millions. It's an attractive exit strategy. It's not in my horizon yet though, since I need to improve my business a lot more before I can do that. Like I mentioned, my funnel is still lacking. Selling out is a possible option down the road but I am not focusing on that next year. I anticipate I will take more than a year to properly master building profitable funnels.
You brought up a giant topic in investing. Yes, I have been thinking about investing as well. In the more immediate future I am going to invest on traditional assets such as stocks, bonds and a house, but there are so many more options down the road. Angel investing, real estate development etc... Those are things that people such as Tim Ferriss and Tony Robbins do. It's all possible once I have more cash, but I've only got one measly million now. I've still got to focus on my business now but I admit, thinking I might one day do those high level things that my idols do is quite exciting.
And yes, I have been thinking that social circle plus social media is the way to go for game. We can't get the hottest women in nightclubs or online apps, we simply don't have access to them. It's by building connections and getting in high value events and situations that we can access the hottest women. I've recently watched Social Circle Blueprint by RSD Luke and it's really mind boggling. Being in high value social circles is so far out of my reality right now that I can't imagine myself doing it as of now. However this is the way forward and I will take a crack at it.
@Duke.Togo It's really amazing reading your post, it's as if you thought about these issues along the same lines as me. Wish you can start posting again so I can know how you're doing too!
