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  1. #31
    Registered User trustfund's Avatar
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    Originally Posted by WrestlingFan123 View Post
    Do you make large($20k+) purchases on a whim or do you sit and think about it?
    Never on **** thats worthless. If i spend $20K-200k on bike/boat/car i am certain that it will hold its value and i am getting a good deal. I havent met anyone who is 1% and just wastes money like its nothing.
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  2. #32
    Registered User Ceo10kdaybro's Avatar
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    You sound like a kid with rich parents and never worked for 1 cent
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  3. #33
    Registered User trustfund's Avatar
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    Originally Posted by Ceo10kdaybro View Post
    You sound like a kid with rich parents and never worked for 1 cent
    grew up dirt poor brah
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  4. #34
    Registered User Holyfenix's Avatar
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    Okay my question.

    Why in the hell would you start a topic like this with no spoon pics and expect anyone to beleaf you? You said you lurked for a year. You should have known better.

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  5. #35
    Registered User WrestlingFan123's Avatar
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    Originally Posted by trustfund View Post
    Never on **** thats worthless. If i spend $20K-200k on bike/boat/car i am certain that it will hold its value and i am getting a good deal. I havent met anyone who is 1% and just wastes money like its nothing.
    What about in terms of trips/vacation? I mean there is no return on investment do you ever just feel like flying somewhere and take off that day?
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  6. #36
    Registered User snufy's Avatar
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    Here's a good one brah......

    Why don't some of these greddy pricks even sell even a % of there company before it goes bust or something new comes along.

    Snapchat for ungodly amounts of money, seems like the next hot thing is right around the corner, what are these guy waiting for?

    Is it actually easier to "make it" then people think?

    Seems like if you have a working product with a decent idea/solution, some professionalism, and some decent contacts you can attract some real cash to blow up.
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  7. #37
    Registered User trustfund's Avatar
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    Originally Posted by WrestlingFan123 View Post
    What about in terms of trips/vacation? I mean there is no return on investment do you ever just feel like flying somewhere and take off that day?
    vacations are the best, worth every $$$. I am not at a private plane level yet, you need ceo 30k/day for that i think that would be ultimate freedom to just gas up and go.
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  8. #38
    eternal jimmies elpistolero21's Avatar
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  9. #39
    Registered User WrestlingFan123's Avatar
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    Originally Posted by trustfund View Post
    vacations are the best, worth every $$$. I am not at a private plane level yet, you need ceo 30k/day for that i think that would be ultimate freedom to just gas up and go.
    I just flew first class for the first time and felt like nobility watching the plebians pass by. I've only done Business class a couple times.
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  10. #40
    Single Use Only OnePostPony's Avatar
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    Of your successful ventures:
    Do they generate enough profit to support themselves or are they still in the 'startup' phase or relying on investment?
    Did they go through accelerator programs?
    How many were funded from outside investors?

    To be CEO 10k/day at 30 I imagine your successful companies were bought out? Is that right?

    What is your background? Programming/Engineering or Sales?
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  11. #41
    Registered User trustfund's Avatar
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    Originally Posted by snufy View Post
    Here's a good one brah......

    Why don't some of these greddy pricks even sell even a % of there company before it goes bust or something new comes along.

    Snapchat for ungodly amounts of money, seems like the next hot thing is right around the corner, what are these guy waiting for?

    Is it actually easier to "make it" then people think?

    Seems like if you have a working product with a decent idea/solution, some professionalism, and some decent contacts you can attract some real cash to blow up.
    its hard to just sell your "baby" and most think they value will grow.

    its not that hard to "make it" its just that 99.9% of people are not willing to work for it. Reality is there will be a few years of 70hr/work week with 0 social life. Most people cant picture themselves doing that. When you "make it" people only see the cool aftermath, they were not there when you were counting every dollar and grinding 12 hours a day like a phag in your ****ty $600/month studio.
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  12. #42
    James Jostles mr4wdTRD's Avatar
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    Originally Posted by trustfund View Post
    Never on **** thats worthless. If i spend $20K-200k on bike/boat/car i am certain that it will hold its value and i am getting a good deal. I havent met anyone who is 1% and just wastes money like its nothing.
    So why'd you buy a Bentley?

    There's a hole, right there bud.
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  13. #43
    Registered User snufy's Avatar
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    Originally Posted by trustfund View Post
    its hard to just sell your "baby" and most think they value will grow.

    its not that hard to "make it" its just that 99.9% of people are not willing to work for it. Reality is there will be a few years of 70hr/work week with 0 social life. Most people cant picture themselves doing that. When you "make it" people only see the cool aftermath, they were not there when you were counting every dollar and grinding 12 hours a day like a phag in your ****ty $600/month studio.
    Another question...

    Why do many in the tech industry struggle so much with monetization?

    It seems like an afterthought to many programs/apps? Maybe because it is? or is it because the company has gained enough steam that it's just too capital intensive after a certain point and it's eating up all revenue?
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  14. #44
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    Dis you OP?

    I want to forget mistakes they've helped me make
    It's better to be broken than to break
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  15. #45
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    If it hasn't already been asked, what industry are you in OP? Congrats on your success, if not frauding
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  16. #46
    Registered User trustfund's Avatar
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    Originally Posted by OnePostPony View Post
    Of your successful ventures:
    Do they generate enough profit to support themselves or are they still in the 'startup' phase or relying on investment?
    Did they go through accelerator programs?
    How many were funded from outside investors?

    To be CEO 10k/day at 30 I imagine your successful companies were bought out? Is that right?

    What is your background? Programming/Engineering or Sales?
    1 has been sold for 6 figures (which is not great) but at the time was ok. Sales background.

    Still own 2 strong companies that generate 7 figures each. All private funding, mostly mine. Involved in 3 startups right, 2 are moneypits so far. /feelsbadmang
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  17. #47
    Registered User snufy's Avatar
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    Originally Posted by trustfund View Post
    1 has been sold for 6 figures (which is not great) but at the time was ok. Sales background.

    Still own 2 strong companies that generate 7 figures each. All private funding, mostly mine. Involved in 3 startups right, 2 are moneypits so far. /feelsbadmang

    If you don't mind me asking, how much did you have for your first venture? How did you get it?

    Did you have family money? outside money? etc..?
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  18. #48
    Somebody's husband Motiviert's Avatar
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    I have a fu*king question.

    Why do we park on driveways, but drive on parkways?
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  19. #49
    James Jostles mr4wdTRD's Avatar
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    Originally Posted by mr4wdTRD View Post
    So why'd you buy a Bentley?

    There's a hole, right there bud.
    Truthaboutcars says your CGT purchase is one of the worst "investments" you can make.

    The CGT loses 56% of its value in year 1...

    So, please answer the following:

    1) why fraud on the Internet.
    2) if you did buy a CGT what on earth made you think it holds value enough to be considered a good investment?

    Historically bentleys residual values are the second worst of every manufacturer on the planet.

    Your 458, and whatever variant of Porsche you're claiming are also one of the worst vehicles in terms of depreciation.
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  20. #50
    GTR brah SRTEvan's Avatar
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    Screen shot your bank account peasant OP


    If you build it they will come.

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  21. #51
    Registered User saberu315's Avatar
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    op, what technical skills do you poses?

    I'm taking time off my regular job to study programming with the intention of selling programs apps and info products. Any advice?
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  22. #52
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    help me get some powerball tickets online OP lol
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  23. #53
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    interesting
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  24. #54
    Single Use Only OnePostPony's Avatar
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    Originally Posted by trustfund View Post
    Still own 2 strong companies that generate 7 figures each. All private funding, mostly mine.
    That's great. Are your companies B2B or consumer facing?

    You said you grew up poor and like me you were a teen around the dot com bubble, how did your first venture get enough traction to lead to where you are now? I started companies around 18 but had no idea what I was doing & they weren't scalable at all. To be in your position at 30 it seems that you must have been on the right track from early on in your career?

    Also in reference to the bag photo, why did you need that much money in cash?
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  25. #55
    Registered User trustfund's Avatar
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    you phags so quick on negs
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  26. #56
    Young Prince alphaMatt's Avatar
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    Originally Posted by trustfund View Post
    you phags so quick on negs

    Original Join Date: August 2007
    I tell cool stories, you mad bro?
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  27. #57
    Registered User JDSir's Avatar
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    What advice would you give a 18 year old career/business wise brah?
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  28. #58
    Registered User trustfund's Avatar
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    trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000)
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    [QUOTE=SRTEvan;1416673311]Screen shot your bank account peasant OP



    No offense but you need 2 more zeros
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  29. #59
    Registered User trustfund's Avatar
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    trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000) trustfund is just really nice. (+1000)
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    Originally Posted by saberu315 View Post
    op, what technical skills do you poses?

    I'm taking time off my regular job to study programming with the intention of selling programs apps and info products. Any advice?

    In my teens was versed in html, c++, Java, sql. Haven't done any code writing in forever I pay people to do that way more efficient
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  30. #60
    Registered User snufy's Avatar
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    OP, you mind answer my last 2 questions?

    How much $ did you start with? did you have family money? outside money?

    Why do so many apps/programs have a tough time with monetization?

    Did you actually program your first app/program, personally?
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