Maplewood Covenant Business Startup Advice for Entrepreneurs – The Vegas Money Formula

Startup Advice for Entrepreneurs – The Vegas Money Formula

The Vegas Money Formula teaches you how you can make small bets on to break through the noise and accelerate return on your efforts.


If you are ever listened to a professional in the online marketing or startup area,you’ve probably heard advice that seems somewhat like this,”Figure out how to get an extra hour out of each day and use that opportunity to work.” Or perhaps you’ve heard this one,”Live as little money as you can until you’ve got a profitable startup.”

I’m here to tell you that this advice isn’t just outdated,but it may very well be the reason whyyou haven’t made much progress on your business idea.

The Vegas Money Formula may be the piece of the puzzle you’ve been missing. Your big break.

Why Most Startup Advice Out There Doesn’t Work Now

Organic Reach online Has Declined Dramatically

Many of the gurus offering advice online have been in existence since the early days of the Internet,when getting fans and views had been easier to hack than it is now. These”experts” expect you to be able to publish something and get an organic audience exactly the same they did.

In March 2013 Google stated they were conscious of 30 trillion pages on the web. By 2016 that amount was 130 trillion and 576,000 new websites are created each and every day.

Because the Internet has grown so hugely,it is more difficult to break through the noise and get discovered. Plus,platforms like Facebook and Google rely on ads to make money so their incentive to surface content is closely tied to earnings.

Take this for instance. When I started marketing years back,when a Facebook company page posted,16 percent of fans saw that post. That number has steadily declined. Unless you specifically pay to”boost your post,today’s average organic reach sits well below 1 percent.

If you want feedback from someone besides your mother or your best buddy,you have to figure out how to break through the noise and get through to your target audience.

Later in this post I’ll teach you some techniques for actually reaching your audience so you get the feedback you require. But first,let’s debunk the”save your pennies” advice that kills the advancement of numerous entrepreneurs.

Why A Scarcity Mindset Rarely Works,Especially for Entrepreneurs

Entrepreneurs tend to be dreamers. They solve problems because they are able to imagine a bigger,better world that exists beyond the present moment.

– LaurenProctor32.com

Most startup coaches who assert”internet freedom” state that if you can hold on and save your pennies for long enough,you will come to hustle your way to success.

I disagree.

To ask an entrepreneur to pull back from their vision and place their physical self in an uncomfortable position is the most surefire method to detach them from their dream.

Instead,I recommend a mindset change. If you can place yourself in a position in which you are not worried about how you are going to pay next month’s rent,you can turn your startup endeavors into a hobby.

This allows you to live comfortably,fuel up on real food and sleep,and spend your free time on leveling up with your business.

Mindset is critical to what we do. A mindset of drama,pursuit,and healthful gambling is fundamental to the Vegas Money Formula.

What is The Vegas Money Formula?

The Vegas Formula for Entrepreneurship is the regular practice of taking a small amount of extra budget from the close of each month and investing it in an experimentation framework that puts you in front of individuals who would potentially encourage your company.

I call the volume you should invest Vegas Money since it ought to be the amount of money you can afford to lose without negatively impacting your everyday life.

The difference between this and actual Vegas is that the house is actually just you (and not some massive smoke-filled casino dinging with slot machines).

Rather than throwing your money at a pair of aces,you are making small,incremental investments in your future.

Later in this article I’ll describe how to implement the Vegas Money Formula,but first let’s explore why it skyrockets your odds of success.

startup advice

Why The Vegas Money Formula Works So Well

What I enjoy most about the Vegas Money Formula is two things:

  1. Unlike actual gambling,the odds are not inherently stacked against you. In actuality,when it comes to entrepreneurship or publishing on the internet,the more attempts you make,the more likely you are to get a hit or go viral. Publishing more and getting feedback from people increases the odds that you’ll find your people and hit on something big.

    Ji Lin of Andreessen Horowitz came out this year and said this to make a comfortable wage in america,you just need 100 people who care enough about what you are doing that they will support you. The more you get out there,the more likely you are to connect with these 100 people.

    Examples and models where these kinds of direct to money support channels exist comprise Substack,Mighty Networks,Memberpress,Thinkific or alternative course platforms,and more.

    If you monetize via e-commerce or something like BuyMeACoffee you are still likely to need more than 100 fans,but the principle still stands.

    The Vegas Money formula puts you in front of people consistently. If you’re willing to learn from the comments that the formula provides you,you are increasing your odds of locating the supporters you need to succeed.

  2. If you win big,the payouts offer an outsized return on your investment.

    There was a window after World War II when faithful office employees were basically guaranteed a job for a very long time. Workers higher up on the corporate totem pole got company cars and expense accounts that allowed them to wine and dine without making a dent in their ever growing pool of wealth. For instance,this was a set of the wealthy class who always knew they could rely on an increasing savings account.

    Those times no longer exist and most people nowadays are made to work on an hourly basis with perks,bonuses,or an expense account. In the modern world,the most likely way to make outsized returns for yourself is to either increase your hourly rate or break away from snare of trading your time for money.

    The Vegas Formula functions to boost your value or assist you experiment with new monetization models that disassociate your time from money.

    Now that you have context for what the Vegas Formula is and how it works,let’s discuss how to incorporate it into your daily life.

How to Implement the Vegas Money Formula For Your Thought

Start with an Experiment (or Collection of Experiments)

Map the Parameters and Key Performance Indicators (KPIs)

Spend Your Money Wisely

Observe the Results

Start Over,Only Smarter This TimeFor a free tutorial on how to do this,go to

High Fidelity Artisans

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The 5 Sign Types That Are Most Essential For Every HotelThe 5 Sign Types That Are Most Essential For Every Hotel

Hotels and motels are full of signs,and they’re all essential for the smooth operation of the business. From the sign out front to the ones inside the rooms,they inform guests of vital information and make things go smoothly. Here are the top five must-have signs for every hotel.

1) The main business sign. This is the big lighted sign out front that lets people know your hotel exists. For a hotel,this sign can be at the top of a pole large enough to allow it to be seen from the freeway. If the hotel’s not near a freeway,the sign will still be very large so it can be spotted by people who don’t know exactly where they’re going. This makes it easy for tourists to find the business.

More information on business signs

2) The reception sign. This is the sign that lets guests know important aspects of their hotel stay,like prices,checkout times and room options. It can be made with permanent printing or use changeable lettering. The office will usually have other signs as well. These signs will inform people if the need to use a night door after certain hours,show credit card logos or the logos of travel associations the hotel belongs to.

3) Room number signs. These basic signs are often custom made to reflect the hotel’s style,and they should all have the same design. If the hotel rooms open to the outdoors,the room number signs also need to be weatherproof. Room number signs should always be large enough to be read easily without having to walk up to each door to check it.

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4) Emergency route and exit signs. Route signs are typically posted near main entrance doors,stairways and elevators. The inside of each room door also must have the exit route map clearly visible. Emergency exit signs are another necessary part of hotel signs hotel signage. These signs are the ones that say “exit” and stay lit even if there’s a power failure. They make it easy to evacuate the hotel in case of fire or other emergencies.

5) Smoking and no-smoking signs. These signs go on the outside of room doors so guests know whether smoking is allowed in each room. Whether or not guests are smokers,they like to know for sure that they’re in a room that matches their preference. Putting these signs up also helps prevent mix-ups in room assignments.

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These five sign types are some of the most essential for every hotel. Some others you will likely want are handicapped signs for specially equipped rooms,parking lot signs,and directional signs for amenities like the ice machine,pool and exercise rooms. Order all the signs you need to allow everyone to find what they need without having to ask for directions. The increased efficiency will be appreciated by hotel workers and guests alike.

Modular Construction and Structural Parts Of A Modular BuildingModular Construction and Structural Parts Of A Modular Building

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In modular construction uses large pieces of metal. These sections are “assembled” together to form the “frame”. These frames can be made of one material or several different materials. One popular material used in construction of this type is steel.

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Prefabricated sections can be manufactured for sizes up to six by six feet. When several sections are to be installed,a smaller section is “cut” into two sections and attached to each other. When these sections are secured to each other,they are now called a “column” section.

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Sections can be purchased for all of the panels that have to be constructed. A single panel can be used for the frames,or it can be used for a variety of purposes. For example,the sections can be used to build a loft bed for a small bedroom or bathroom.

The frame and sections can be purchased together or separately. The frame sections,when purchased together,can be used to build a single room or it can be used to build multiple rooms. The frame sections can also be used to build a combination of rooms,such as a bathroom and living room or a bedroom and kitchen.

Once the frame section is built,it can be bolted to the bottom portion of the frame. An outside framing strip can then be attached to the top portion of the frame. A roof can then be constructed using the aluminum strips.

The manufacturing process of modular construction is also significantly less expensive than traditional construction. This process allows for mass production and relatively large quantities. The parts are also able to be assembled and disassembled much more quickly than with traditional construction.