• Breaking News

    Thursday, November 30, 2017

    Home Unlabelled Thank you Thursday! - (November 30, 2017) Entrepreneur

    Thank you Thursday! - (November 30, 2017) Entrepreneur

    November 30, 2017

    Thank you Thursday! - (November 30, 2017) Entrepreneur

    Thank you Thursday! - (November 30, 2017)

    Posted: 30 Nov 2017 05:06 AM PST

    Your opportunity to thank the /r/Entrepreneur community by offering free stuff, contests, discounts, electronic courses, ebooks

    and the best deals you know of. Please consolidate such offers here!

    Since this thread can fill up quickly, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

    submitted by /u/AutoModerator
    [link] [comments]

    Could you guys recommend books about the basics of starting a business?

    Posted: 29 Nov 2017 11:06 PM PST

    I've always wanted to start my own business, and I have a few ideas I think might actually work. I would love to read and educate myself as much as I can, so I would love recommendations. Thanks!

    submitted by /u/gypsysunandrainbows
    [link] [comments]

    I've decided that I want to be my own boss. What tips do you have for starting out?

    Posted: 30 Nov 2017 09:01 AM PST

    I'm not looking to make this happen tomorrow, but I want to start planning today.

    I am 33 years old. I worked in restaurants from the time I was 14 until I was 28. I was a high school dropout. I went back to school in 2013 and got an associates degree. I am currently working as an administrative/legal assistant in a law firm and working part time in retail.

    I went back to school because I felt I was at a point where I needed to have a degree to advance my career. There also was no love lost between me and the corporate quick service restaurant industry. I was a GM making OK money, but I was breaking my back and working far beyond 50 hours per week with no overtime. Also, I felt stupid and unsuccessful. Not that I was stupid, but I really felt that I needed to challenge myself and do something that required more use of my brain than my body. I also wanted to do something that made me feel like I was contributing more to society, and not just obesity.

    I am OK with my job in the legal field and it the firm I work for does really great things for the community, but I know myself. I don't feel any passion with it. There's no spark and I can't/don't want to see my future in an office job. I probably knew (or should have known) that before I switched career paths, but I really was focused on doing something different for a lot of reasons.

    Also, there were a lot of things I learned while getting my associates degree that changed my world view and view of myself. I'm actually invested in my own health for once and I've lost 85 pounds this year. I have more energy. I have a better (still not good) understanding of long-term financial investments and personal finance.

    As scary as it is to do something where I am solely responsible, I know that I am capable and I know that spending the rest of my life working for other peoples dreams will kill me long before I actually die.

    I've thought a lot about what I'm good at. I'm not really an expert in anything. I'm not very artistic. I'm a pretty capable person, and with the existence of the internet and Youtube I could probably teach myself to do a lot of things (I don't want to go back to school), but I'm just not that excited about a lot of my ideas. However, I do get excited about the idea of starting a food truck/cart. I'm from the southwest and I now live in the midwest and I have always had a love for food and cooking. I think I have some good ideas which, while not wholly original, would be unique to this area. I'm in a college town, and there is a decent food cart market already. I also have 14 years of experience in food service.

    I don't know if this will ultimately be what I end up doing, but I'd love any advice or to know any of your successes or failures as entrepreneurs. What was it like starting out? Were you able to become profitable? Do you have any regrets?

    Anything would be helpful. Thanks!

    Edit: Thanks to everyone who has taken the time to respond, some really good information here!

    submitted by /u/theonewhoknockwurst
    [link] [comments]

    $0 in revenue: The story of Hot Barber

    Posted: 30 Nov 2017 09:57 AM PST

    Hi everyone! My name is Rich Clominson and I have just published a new interview on Failory with Julia Enthoven in which we reflect about the mistakes she made in her failed startup, Hot Barber. I hope you are able to learn at least something and if you have any questions, I will happily answer them below.

     

    Hot Barber was a website that let hair stylists set up profiles and customers browse portfolios, but the founders couldn't find a way to monetize it!

    Hello Julia! What's your background, and what are you currently working on?

    Hi! I'm Julia, a 24-year-old web developer living in San Francisco. My co-founder, Eric, and I are working on an online video editor called Kapwing. We built and launched Kapwing about a month ago and are now growing it and developing new features.

     

    What was Hot Barber about? Why did you build it?

    We started Hot Barber to help people get cheaper, higher-value haircuts. I felt like I was overpaying for my salon in San Francisco, but I was also too afraid to risk going somewhere cheaper. Plus, it was hard for me to connect with a stylist who knew my hair type. Hot Barber was a website designed to connect customers with stylists without the salon middleman. We wanted to simplify the process of finding a great hairstylist with more visuals, more personalization, and an emphasis on affordability and showcase the awesome talent of up-and-coming stylists.

     

    How did you build Hot Barber? How did you grow it?

    Hot Barber is a simple website that lets hair stylists set up profiles and customers browse portfolios for the stylists they need. Since we were focused on affordability, we started by partnering with local cosmetology schools (with cold calls and emails) to built the initial supply. Our hypothesis was that, for some services, senior beauty school students could provide high-quality service for a fraction of a price of an elite salon. This turned out to be only partly true - students definitely need experience before they're as capable as a professional stylist, but some students have experience before they start cosmo school.

    We designed and developed an MVP ourselves and spent time at our cosmo school getting students onboard. Our plan was to launch a pilot with one beauty school and Facebook ADS to generate some demand, then move towards a beta with hundreds of students from all the schools in San Francisco.

     

    Why did Hot Barber fail?

    We didn't have a short-term monetization strategy. At first, we thought that we could make Hot Barber a transactional site where customers reserved and paid for haircuts online. But, through interviews with domain experts, we realized that scheduling and payment processing are complex, decentralized problems and that the margins would be low since hairstylists have a personal relationship with their clients and many existing alternatives. We also had trouble getting enough stylists onto the platform.

    So, we pivoted Hot Barber towards discovery - "Houzz for hair" - and planned to aggregate all existing data on the web about stylists to help people find a personalized match. But, like a blog, a discovery website doesn't make money unless it attracts a lot of traffic, and we were worried that our runway would run out before we were able to make money on ads. So we paused the project and moved on to something new. We're planning to shut down the Hot Barber website soon.

     

    What were your biggest mistakes and disadvantages?

    Our MVP wasn't focused enough on a pressing user problem. From weeks of user interviews, it seemed that nearly everyone we talked to had a gripe about their hair experience, but the complaints were related to different issues: expense, booking, opaque pricing, quality, etc. We grouped all of these user needs together under the umbrella of "finding a good hair stylist," but we should have been more focused on delivering a product that addressed one need very well instead of many needs halfway.

    Also, we are first-time entrepreneurs, which makes it riskier (and scarier) to work on a project that won't make money for a long time. I think that Hot Barber is doable if the founders raised venture capital at the onset or built and grew the website on the side while working a full-time job, but it wasn't a good fit for us.

     

    If you had to start over, what would you do differently?

    I would have focused my efforts - user interviews, launch strategy, and product development - on the problem of discovering a local hair stylist rather than the whole experience of finding and getting an affordable haircut.

     

    What did you learn?

    I learned that my first startup needs to be something with a shorter term monetization strategy so that I can gain confidence in my own development and growth skills before risking several years and a lot of money. I also learned that marketplaces are hard and that I should focus on building something great for customers before trying to get suppliers on board.

     

    What's your advice for someone who is just starting?

    It's easier to build a solution for a problem that is really pressing, something that people are already spending money on and/or searching for on Google. It's also easier if you build a product either for people like you or for a domain you have expertise in. These are obvious pieces of advice, but Hot Barber failure definitely reinforce them for me.

     

    Which business book would you recommend?

    I really enjoyed The Lean Product Playbook and The Design of Everyday Things, although reading articles online tends to be more practical when you have specific questions.

     

    Conclusion

    Hot Barber failure was caused by one big cause: monetizing issues. Before starting your business, it is always important to write down on a business plan how will you monetize your business.

     

    Original interview posted at https://failory.com/interview/hot-barber

    submitted by /u/richclominson
    [link] [comments]

    Is the new tax plan going to cost my business 25% of my profit? (US)

    Posted: 30 Nov 2017 09:56 AM PST

    There are a bunch of articles about this:

    http://www.latimes.com/business/la-fi-pass-through-taxes-20171103-story.html

    Basically the new tax plan wont be able to use personal income tax for a small LLC.

    My (poor) understanding is that there would be a 25% tax, then you can pay yourself and pay personal 40% income tax.

    Freaking out for sure, anyone understand this better?

    submitted by /u/robertangst88
    [link] [comments]

    How We Came Up With An Idea I Quit Google To Work On

    Posted: 29 Nov 2017 04:26 PM PST

    A while back I made a post asking for advice on scaling strategies for my startup, Fiix, to continue expanding across Toronto, Ontario and eventually Canada. The advice was great from the community and I wanted to return the favour by helping you guys out in any way I can. I received messages from some people asking for a lot of advice after and I thought I may as well just share it with everyone.

    I actually have decided on doing this as a series to really walk you guys through how the entire process has been because I've realized it's been such an adventure that I could never describe it one post. Probably can't in a short series either, but hopefully you guys gain a lot more by me going in depth instead of repeating the basics. You've probably heard that a thousand times.

    Just a note, I loved Google and think I'm extremely fortunate to have had that chance to work there, so I hope you don't take this as me bragging. What I really wanted to get at is the following: come up with an idea you love so much that you would do the exact same thing I would – quit what I thought was my dream job – to pursue it.

    So, this is part one: coming up with your idea.

    Ideally, you should already have an idea in mind you've been thinking of. The more unique and different your idea is, the bigger the problem it solves is and the more people it solves that problem for, the better. However, sometimes you need to sit down and think to find that great idea. By doing so, it will actually make you more likely to generate new ideas even after you complete the ideation exercise. Here are some preliminary do's and don'ts for coming up with an idea.

    Don't: Just wait for the idea to come to you. You won't always get that "lightbulb" come and hit you in the head. Though some of the best ideas have come from experts or in eureka moments, many innovations have come from understanding the problems people face really well. Even the geniuses had to develop their thesis/knowledge to get to that breakthrough solution, so technically they didn't "wait around" either.

    Do: Brainstorm about problems. Usually, you have to spend time thinking about problems you, your family, friends, coworkers, and even other target groups face. I believe brainstorming sessions are key, because it really gets you to think hard about all the problems you and others face and all the ways to solve them.

    Don't: Be unrealistic about your capabilities. Before you start having brainstorming sessions (I'll get to how you can optimize them), you need to first assess your capabilities. Though I love hearing stores of people beating the odds and creating something revolutionary that changes society, there needs to be some understanding of if you currently have the tools to make that happen. For example, don't try to find problems that can be solved via virtual reality products if you can't code them or don't have the funds to develop them. Hiring or partnering with a tech specialist is always fine, especially if you aren't a technical founder. However, the less barriers you have to making your product down the line, the better. Many simple products have been incredibly successful – it just has to solve the problem well and be something people love.

    Do: Come up with ideas that play to your strengths. Don't just look at a degree – assess any skills you may have, even if it's small. If you can design, code, engineer, write, financially model or present or do something else well, write it down. All of these may be valuable. When we get to the brainstorming strategy, I recommend writing down which of your strengths will complement that idea the best so you can begin scoring ideas.

    Now to the brainstorming. We used the An Idea A Day for 30 Days model. In this process, we created an entire business plan with target market, value proposition, adoption plan, funding requirements, and other preliminary items that are included in ideation. A good video guide is here at the Harvard Business Review: https://hbr.org/2013/05/why-the-lean-start-up-changes-everything. The 8 or 9 items it gives for drawing out an idea on what page is really good, and I'd start there or come up with more. This usually takes about 8hrs at least of solid hard work to come up with an idea you feel is compelling and you yourself would invest in.

    This might immediately sound extremely intimidating, time-consuming and possibly flat out ridiculous to you. 30 Business plans? Full-time? Even 30 ideas sound pretty insane. This doesn't need to be all done in one month (maybe on 5 or more weekends) but we recommend doing at least 10 business plans and giving each the same amount of time. The important control variable in deciding the value of an idea is how long you've spent on it and how it stands out. By your 10th idea, you will be much better at detecting the bias many initial brainstormers have about their first idea. Usually, people think "god this genius, I'm a genius! I've just poured my heart and soul out in the last 8 hours coming up with this idea and it's foolproof!" Nope. This is the start of likely thousands of hours, so you need to be prepared to dish out 8 hours of hard work like its nothing for an idea you enjoy. If it's something you really love, it should hardly even feel like "work".

    When brainstorming, think about all the people close to you or groups you know the best. The better you know them and their problems, the more likely you can realistically come up with a solution. Start by thinking of their daily problems as I said, and figure out what are the biggest problems. For example (this is just off the top of my head, and it may very well be a generalization or outdated), you may think of your grandma who may want to stay up to date with technology. She's always bothering you to fix it and there is clearly a pain point for both of you. What if you create a business that teaches seniors how to use a computer, surf the web, or even take advantage of their smartphone? If this is the case and you see that this is a common problem, that's where you start thinking "hey, maybe I can create a business for this".

    Obviously, as I've demonstrated myself, not every idea will be a winner. Actually, most won't be. But that's the point – this exercise will help you generate more ideas and the more ideas you go through, the more strategies you'll think of for the future ideas. After 30 days (at least go through 10), sit down and evaluate all the ideas. Controlling for time will mean now all the ideas should be relatively equally developed. I'd say at this point, you should pitch all 10 or more ideas to actual customers. Preferably, someone in the target market. If not, the someone with more knowledge about the industry or startups is better, but if family is what's available, pitch to them. Focus on clarity and making the problem simple and urgent.

    After you've pitched all the ideas, you want to evaluate their feedback and see which idea actually seems reasonable. Have them rate ideas, but care more about the actual feedback than the arbitrary number. If you want to give it a scoring range, external opinion should be weighted as 50-75% of the score. Then contrast the feedback with what you and your partner/team feel about the idea (or just you if you're rolling solo). Lay out your strengths/weaknesses regarding each plan (how much do I like the idea of working in this business, how successful do I think it will be, what skills/knowledge do I have that complement this idea) that you wrote down earlier. Also, think of objections and all the problems your ide has – not enough founders run through this and then get blindsided but an anticipated issue. By the end of your 30-day trial runs, you should come out with at least a couple items you feel confident on that have gotten high scores.

    Now this takes a lot of time, but you need to be expecting this sort of commitment and much more when running your own business. I can't express how much this will help, but just doing one of these exercises will make you so much more creative, realistic and it will actually let you realize if you are ready to or even want to start a business. It definitely helped me start thinking outside of my industry and comfort zone, and I hope it will help you.

    I definitely don't have all the answers, so if you disagree or have a different opinion, feel free to let me know. I may have not covered something either, so adding to the discussion is great! I'll try to be in and out to answer questions if you have any, and let me know if you want to know more specifics about Fiix's specific ideation process.

    In the next part of this series, I'll discuss how got our initial traction (first customer, first 1000, whatever is significant for your startup) and what it really takes to get yours. Without it, even a fantastic product will never get funding, and I'd say it's the hardest step for most businesses. I'm always swamped but I'll try to post the next one within the next week or two. Hope you've enjoyed it!

    submitted by /u/zainhub
    [link] [comments]

    Not knowing what next

    Posted: 30 Nov 2017 12:27 PM PST

    I have a new SaaS but not enough users to get a good amount of feedback. I have done all the ideas I have for it except for 3 huge ones that would take me at least a few months to make each. Should I focus on marketing till I get more feedback and feature requests? I feel like I am at a road block with no way around.

    submitted by /u/jsdfkljdsafdsu980p
    [link] [comments]

    Subcontractors vs. Employees -- Insight needed.

    Posted: 30 Nov 2017 11:09 AM PST

    In my business (professional services) it's quite common to hire subcontractors. Whereas this is a no-brainer when the work is to be done for clients, I'm finding myself second guessing when I'm hiring for the firm.

    Whereas the big benefits of subcontractors are the ease of terminating the employment when the term ends, they are more expensive and there are basically no loyalties implied (other than making promises).

    Employees are cheaper but there's the hassle of taxes and expected continuity. However, nothing says that one can't dismiss an employee when circumstances change, whether a year or more into the future, even before. Think trial periods. With companies like ADP making it easy to withhold and pay taxes for employees... I'm wondering.

    Why shouldn't I go with an employee instead of a subcontractor?

    I've always been biased towards subcontracting, but that's mainly for others. As I consider this for myself, I'm thinking that employee may be the best choice.

    I welcome your candid thoughts.

    submitted by /u/Uilleam_Uallas
    [link] [comments]

    Successful entrepreneur? Go thank those who never stopped believing in you.

    Posted: 30 Nov 2017 07:15 AM PST

    There's always that person who, when everything was going wrong, only focused on what was going right and continued to encourage you.

    I think of my grandmother who, when I utterly failed at a piano recital in high school, told me she really enjoyed the passion I put into the piece. I would have quit altogether if it wasn't for that one comment.

    Go thank that someone today.

    submitted by /u/1cognoscere
    [link] [comments]

    How to approach a big retailer without seeming like an amateur?

    Posted: 30 Nov 2017 04:30 AM PST

    I recently set up a business in the UK selling high-end jewelry. I was very fortunate in that this was a family business, so even though I am new to this business I have had manufacturing contracts passed onto me, which have resulted in me really having one of the most competitive products on the market.

    I have set up a company here in the UK, shot some professional marketing material (as well as having magazine features in GQ of the partner company by the same name/with same goods in a different country), cleared a small collection through customs in free circulation ready to sell or serve as samples.

    I drafted a strong email pitch as my goal is currently to test the market through wholesale and if the product sells well in the UK go retail. However, I have had enormous difficulty approaching jewelry retailers. They have no business contact listed on their website (just press), no useful info on LinkedIn.

    What would you do in this scenario? In my previous business I often pretended to be a customer to get info on who to contact, but here that would get me the name of a retail buyer. Would you call one of the store locations and speak to the manager to be directed to the right place or hang out in the store? I feel a bit out of my depth, because I have such an amazing product and a company that was a household name just a few hundred miles away, but I am afraid of devaluing the name by acting like an amateur.

    submitted by /u/OldLadiesAreReal
    [link] [comments]

    7% CTR but 0 Sales. What am I doing wrong?

    Posted: 30 Nov 2017 05:37 AM PST

    Hey guys.

    I recently launched a media editing service online (I get orders and then outsource the editing labor).

    I designed a website and have started using Google AdWords. I read online that any click through rate >3% is considered good. One of my keywords currently has a 6-7% CTR. People are going to my site and going to the products page (I can see through Squarespace analytics). I haven't had one order though.

    Could this be a problem with the Ad or is it definitely a problem with my sales funnel?

    I'm new to ecommerce in general so am still learning, thanks for the responses :)

    submitted by /u/FALSEINFORMATIONGUY
    [link] [comments]

    Is UpWork the best place to have a product developed?

    Posted: 30 Nov 2017 11:30 AM PST

    Upwork is the only website I've really found where people can bid on your projects. We need an app developed, however, we are not sure the best route to take. We would like to get the most visibility possible.

    When you need a development team, where do you look and which resources do you use.

    Additionally, what should I be looking for when a company is bidding on the contract?

    submitted by /u/Djizz
    [link] [comments]

    Looking for help on Facebook ads. Here are my results after running a black friday giveaway and sale.

    Posted: 30 Nov 2017 10:15 AM PST

    Results

    Am I targeting the wrong audience? What do these numbers tell you (other than it's not working)?

    submitted by /u/chromecarz00
    [link] [comments]

    Licensed California Marijuana Business Opportunity

    Posted: 30 Nov 2017 11:53 AM PST

    Looking to start a legal Marijuana cultivation business. I've been in the industry for a while so i have a ton of connections and i have a whole team with growers, lawyers, sales force and a mayor as our inside for government affairs. I currently have two investors but i am still looking around to explore my options. I have a full proof business plan ready as well. Let me know if your interested in investing and we can talk more about it.

    submitted by /u/Thegreenseat
    [link] [comments]

    China Tech Startup Innovation Festival

    Posted: 30 Nov 2017 09:28 AM PST

    I was recently invited to be a speaker at the Guangzhou Innovation Festival in China to give a talk on the future of smart homes, which is an area I am active in, previously as a founder and currently as an advisor.

    I have been to china before but this was my first time being in Guangzhou. To be frank, I was blown away by the city. It was not at all like Beijing or Shanghai and more like a mix of San Francisco and Singapore.

    You can check out my vlog here: https://www.youtube.com/watch?v=IPXjVAhcL4o

    The level of tech, specifically the VR / AR solution and electric vehicle solutions really surpassed just about anything else I had seen thus far. And while not all of it was home grown in China, most of it was, and it was amazing. I am honestly still wrapping my head around it all.

    I've included a ton of links in the video description so you guys can check out a lot of the companies that really impressed me.

    The biggest take away for me, was that the startup ecosystem in China has exploded over the past decade, and the government is investing massively in it. If you are not paying attention to companies in China and what they are doing globally you are missing out. There is defiantly something interesting going on there.

    submitted by /u/danathebulk
    [link] [comments]

    What type of business should I start if I'm going to donate money every time someone buys my product?

    Posted: 30 Nov 2017 09:26 AM PST

    So, I have come up with a new product that isn't out on the market yet and I want to donate money to veterans every time someone buys the product. I am new to starting a business and only know basic information which is why I am making this post. Are there any legal hurdles that I will come across when dealing with donations while making a profit? What type of business should I have? can you legally make a profit selling the American flag on a product? I have a lot of questions and I am currently looking for a mentor. PM me if interested in helping an aspiring entrepreneur. thanks!

    submitted by /u/Michiganian777
    [link] [comments]

    Business idea in video game niche for the taking

    Posted: 29 Nov 2017 09:17 PM PST

    Hi Reddit.

    I have a business idea to share in hopes it can help someone thats struggling to find an idea to start a business.

    I watch video game streams on Twitch, which is a platform that has EXPLODED in the past couple of years.

    The idea that some gamers out there are streaming as a full time job was mind boggling. This can be a business idea itself. But I took it a step further.

    I did some research and found that there are tons of gamers who want to get to full time broadcaster status, but are unable to for many different reasons.

    There is a lot moving parts behind the scenes to manage. In order to make money streaming, gamers have to 1. Play often 2. Be good at their respective games and entertaining. The way they make money is through subscriptions, donations, and sponsorship deals.

    These streamers are considered "entertainment talent", so I did a search to find out if there were any agencies out there representing streamers to help them out (somewhat of a Manager/Agent, like for a professional athlete). There's really not many, only 1 major company I found doing it that has about a dozen of clients.

    There is a SERIOUS need for this in this industry, and because its so new, the rules really are not established, making it EXTREMELY lucrative.

    For instance, companies looking to sponsor streamers don't even know the "worth" of streamers and typically pay anywhere from $100-$10,000 for sponsporships. HUGE opportunity there.

    Long story short, there is a SERIOUS need for Talent Management Companies in the video game streaming industry.

    No telling what the future holds for Twitch, but all signs are pointing upwards.

    Discuss your thoughts please.

    submitted by /u/JW923
    [link] [comments]

    Thoughts: Whose Problems Are You Solving?

    Posted: 30 Nov 2017 07:59 AM PST

    Hey gang,

    I had a thought that I would like to share with you, or rather a question that I would like to challenge you with.

    Whose problem are you solving?

    I think the difference between a successful business, and those of someone who, "Just can't figure out why my product isn't selling…" is the answer to the above question.

    I think a lot of entrepreneurs go into business answering this question with, "Me!" They have a problem, they don't have enough money, enough freedom, enough….something, and they decide to start a business. They don't even really care what kind of business it is, because they are just looking at the problem from their perspective. It could be bath-bombs, cookies, or a new cryptocurrency – whatever!

    The issue is that they don't bother to ask if anyone needs or even wants that product or service. 'I' want to be in 'business' and 'my dreams' are important. Those thoughts aren't even wrong, or bad, or evil…but they are incomplete. If you are only solving your problems/needs, you will be your only customer!

    The way to build a business is to address the needs of others. To think in terms of what others need, how do I provide value to them, and how do I make their lives better? ONLY by thinking this way will you be able to grow a successful business.

    You need a clear picture of who your customer or client is. What problem you are solving? What solution you are providing to them? Has anyone come up to you and said, "Gee, I wish there was ANOTHER chocolate chip cookie for me to pick from." If not, you probably shouldn't start a business making chocolate chip cookies – EVEN IF YOU KNOW HOW.

    I'm not saying you can't ever get into the chocolate chip cookie business, but think about your customer's needs ahead of what you want or know how to do at this moment. Maybe there aren't gluten free options, maybe you have a better mouse-trap and make superior cookies that would create more value to those who eat them, or maybe you have a proprietary cookie making process that will bring the cost of each cookie way down. In this case you are solving problems of scarcity, value, or cost. You are solving someone else's problem first.

    The great thing about this is, when you solve someone else's problem, they are more than happy to solve yours. If you fix MY pain point I'm more than willing to give you my money. Then I become YOUR customer or client, because you are thinking about ME. By doing this you are ultimately filling not only someone else's need, but now they are fillings yours – money, importance, or freedom. The key is to think outwards first. Don't think about how you want to start a company, or quit your job, or have more vacation time. Think about the way in which you can uniquely solve the problems of others, and all these things will be added to you.

    Don't ask your customer what he can do for you. Ask what you can do for him. Change your thinking, and change the world!

    submitted by /u/EtripsTenshi1
    [link] [comments]

    Is there a way to track when the last time you texted/called a specific contact on your phone?

    Posted: 30 Nov 2017 12:52 PM PST

    Can I start a partnership without having a official business?

    Posted: 30 Nov 2017 12:52 PM PST

    Basically I will be developing software with one other individual and I want to split the revenue evenly. I wanted to do a partnership agreement form stating revenue will be split 50/50 and if one partner leaves they must provide written consent if they dont want the other partner to continue to use the assets and work on the project. Can I do this without having to form some legal "company/business"?

    submitted by /u/ItsGreenArrow
    [link] [comments]

    MeetEdgar or Cloohawk for reposting old posts if I am using Hootsuite ?

    Posted: 30 Nov 2017 06:41 AM PST

    Anyone have experience in rentals - eg renting items to customers (not real estate)? Question inside.

    Posted: 30 Nov 2017 11:48 AM PST

    Wondering how a business would protect themselves against theft and then chargebacks.

    Say I run a company that rents $200 widgets for $50 a week. I place a hold on the customer's card for $200 on day 1, and a payment of $50 for the weeks' rental.

    Scenario 1: Customer returns broken widget. I claim the hold. Customer puts in charge back for the hold, and I'm out the widget.

    Scenario 2: Customer never returns widget. I claim the hold. Customer puts in charge back for the hold, and I'm out the widget.

    Am I misunderstanding the mechanics here? Are there ways for businesses to protect themselves? Would you need customer to sign a waiver saying "widget received in working order" and would their bank refuse a hold on that basis? I get the impression banks are brutal with chargebacks.

    Or is the solution simply to build into the business model that 10% of widgets will get stolen/broken, and 2% of those customers will issue a chargeback?

    submitted by /u/InternetWeakGuy
    [link] [comments]

    Abusing Reddit as a resource to make up for what I lack in social media experience

    Posted: 30 Nov 2017 11:28 AM PST

    Apologise for the bashful post and all the etiquette I've stomped across.

    There's such a wealth of advice I've picked up through this community.

    I've applied all I can.

    I'd appreciate if you could tell me how I could improve my Instagram page.

    @featureyourphoto

    submitted by /u/moodymundanity
    [link] [comments]

    Can anyone recommend a good referral program for our pre-launch?

    Posted: 30 Nov 2017 09:10 AM PST

    I have a bunch of gaming keyboards I'd like to giveaway to our beta signups that refer the most friends.

    Is there any service that offers some sort of leaderboard system for referrals so we could track say the top 3 people that referred the most people to sign up with those and they would win the keyboards? (We Have 400 beta signups so far)

    Keep if fun and competitive but also with a nice prize at the end.

    submitted by /u/Awacs88
    [link] [comments]

    LCD screen help

    Posted: 30 Nov 2017 06:51 AM PST

    Hey everyone I am working on getting different sized lcd screens that are specific dimensions for a venture I'm working on. I was wondering if you guys know where about a to get an OEM manufacturer to make one for me with specific dimensions I needed and additional hardware me that it needs to work with. Any assistance would be awesome.

    submitted by /u/jg6410
    [link] [comments]
    Read more
    at

    No comments:

    Post a Comment