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    Friday, December 8, 2017

    Accomplishments and Lesson Learned Friday! - (December 08, 2017) Entrepreneur

    Accomplishments and Lesson Learned Friday! - (December 08, 2017) Entrepreneur


    Accomplishments and Lesson Learned Friday! - (December 08, 2017)

    Posted: 08 Dec 2017 05:06 AM PST

    Please use this thread to share any accomplishment you care to gloat about, and some lessons learned.

    This is a weekly thread to encourage new members to participate, and post their accomplishments, as well as give the veterans an opportunity to inspire the up-and-comers.

    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
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    I make Mini Cinder Blocks for a living and sell them online - AMA!

    Posted: 08 Dec 2017 07:06 AM PST

    I made this post a little over two years ago - and since then Mini Materials has become a full fledged business! I make the products in house and do my own marketing along with a partner and we've sold 250k mini cinder blocks so far just this year. Ask me anything!

    submitted by /u/minimaterials
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    What was your first failed business idea?

    Posted: 08 Dec 2017 11:26 AM PST

    I don't believe we talk about failure enough. But really, how many of us will have the entrepreneurial success we want on the first try?

    I certainly thought I would. Looking back, I see the mistakes I made. I took a deep dive into my failure here in the hopes that others will learn from it. I want others to know what it really takes to be a successful entrepreneur.

    I've shared mine. What was your first big failure and what did you learn from it?

    submitted by /u/oconghd
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    How I built a ~450 person Facebook group for my product niche and am using it to grow my business with minimal time and money.

    Posted: 08 Dec 2017 06:41 AM PST

    TLDR; Facebook groups are a cheap, minimal-upkeep way to stay in touch with your users, track the latest trends in your category, and most importantly, grow your business.

    Background

    I run an Instagram analytics business and have a variety of apps that do hashtag suggestion, competitor research, filter analysis. etc. My apps get about 300 downloads a day, not much but they pay the bills. For a while, I had been trying to build up some sort of community of users that are on my apps so I could stay in touch them and get feedback.

    At first, I tried building a Slack group. After sending literally thousands of invites to qualified people, very few joined and even fewer remained active. This was about a year ago. After that failed, I went back to the drawing board. I was thinking maybe a Groupme or Telegram group but I stumbled on a Facebook Group because, well, everyone has Facebook.

    I initially blasted out an email to about 3000 or so qualified users and quickly hit 100 members in the group. Over the next two months, people started joining and I couldn't quite put my finger on where they were coming from. So, I gathered some data on new users by adding optional questions and asked "How did you find this group?" among other things.

    I found out that people were finding the group organically through Facebook recommendations. This is an enormous advantage that Slack, Telegram, and Groupme don't have. Now, I'm about to hit 500 members and its been growing at about 15-25 new users a day. The rate of growth is increasing and I haven't spent a dollar on advertising or promotion.

    Here is why I've found having a group like this is so beneficial:

    1. It keeps me up to date with all the latest trends and competition in my category which is super important for me because Instagram is the bedrock of my business. People are constantly posting questions, talking about the latest updates, discussing new growth strategies, etc.

    2. It grows organically without having to pay for ads or constantly recruit new members. People find the group through recommendations and search results. I find the space to be relatively uncrowded and most of the competition groups are filled with spam and people trying to sell you their e-books.

    3. Upkeep is minimal. Growing an Instagram account, Facebook page, or Twitter account requires a constant stream of content from you. Facebook groups, contrastingly, are a community where any user can post. Thus, it becomes self-sustaining and doesn't require a lot of work or time from me.

    4. When launch day comes for a new app, an update, anything, I have a massive, perfectly tuned group of people to launch my product to. The group may grow to thousands, or tens of thousands over the next year, who knows. This audience is the exact same kind of people who use my app. Because I've been posting daily, people know my name (and see the admin badge next to it). I have authority in the group and more importantly, rapport with the people in it. Now, I have all this firepower to use when launching new products.

    What I'm posting in the group to keep it active:

    • Instagram Related News - I have a shortcut to a Google News search of "instagram" that I open every morning. If there is any content that I think influencers would want to know about, I write up a quick summary and post it to the group. For example, I found out this morning that Instagram is testing a standalone messaging app "Direct" in 6 countries that would compete with Snapchat. I wrote up quick summary of it, linked the article and posted it.

    • Polls - Polls in particular attract lots of engagement. I poll questions that give value to the users of the group. For example, these are polls I've run that have gotten dozens of responses: Do you put hashtags in the comments or in the caption? Is your profile a business or a personal page?

    • Follow Chain Fridays - Every Friday, I make a post called "Follow Chain Fridays" where users introduce themselves, describe their account, and link it so that other users from the group can follow.

    • In Depth Opinion Pieces - I posted a rant about the current state of Instagram and the non-chronological order and how it penalizes smaller accounts. This attracted lots of engagement and got a debate going.

    • Commenting/Liking Everything - When people ask questions, I try to write long, thoughtful answers. I'm usually the first to like any new posts as well.

    I've found running this Facebook group so helpful for staying informed about the updates in my category and it also has the side benefit of being a great place for me to jumpstart new products. The group grows without requiring much effort from me and keeps me embedded in the community around my apps. I highly recommend you guys try it!

    Here is a link to the FB Group.

    submitted by /u/zshakked
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    10K users, Reddit. I think we did it [X-Post from /r/startups]

    Posted: 08 Dec 2017 10:12 AM PST

    Hey /r/startups,

    I have been here for a long time...4 years is a long time, right? I don't spend that much time on here these days though.

    Anyways, I wanted to share my story with you guys in hopes that if you are where I was when I started you might relate to this and get some motivation.

    I created a startup with a friend in the social media niche 2 years ago. Our pricing was high (starting at $100 a month) and we did not have the skills to sell it. Lack of sales eventually affected our friendship and startup went down.

    I then saw another player in the market, they were doing a part of what we were doing but they were successful. I realized that our problem may be that we had a lot of features - good features nevertheless - but only useful to pro marketers and not SMEs who we were chasing.

    I decided to create something simple. I looked at our competitor, did my research to see what were the chief complaints of their users and set out to build my own startup.

    Lo and behold, in little over one year we have crossed 10,000 users. We have a freemium plan so not everyone is paying but we are able to keep our lights on without worrying for a long time.

    Lessons

    1. Try to remove everything people do not want. It will make it easier for them to use your product. Always remember that you know your product inside out but your customers don't and they probably never will. They know enough of every product they use and that is how it will be.

    2. Don't shy away from taking inspiration from what is out there in the market. As long as you can do something better, you are fine. For instance, our competitor did not have mobile apps and they did not allow posting video on social media. We have those features and now they are catching up. Well, there is a lot more but you get the idea.

    3. Free is a good way to get people to try it. However, don't assume that your free users owe you anything. If your product is not good or needs improvement your customers will tell you. Accept it and improve.

    4. Make sure you touch base with your users for first few days and after that as well but at a lower frequency. Make it easy for them to give you feedback. Have a Facebook group as they seem to like it.

    5. Some people will try to misuse your free plan. Do whatever you can to avoid them. Add checks in your system to avoid those who misuse it. In our case we do not let anyone create multiple accounts. We check this by making sure they haven't added any of their social profiles to our system under any other account.

    6. Some people are nightmares. Don't lose your cool. It may take longer for them to understand what is clear to you. Work with them as long as you can. However, some people are dicks and when you know that's what is going on tell them to go away politely. We had a user who wanted to manage multiple social accounts by creating multiple free accounts. She gave us tons of reasons to prove why our checks to avoid duplicate accounts are a bad idea. I knew it was a cheapster and thus I let them know that we will let her know if we change our policies based on her rationals.

    At the end, there is only so far you can go if you don't make money. If no one is using it, there is probably something wrong with your product. If people are not ready to pay for it, you don't have anything worthwhile or you are chasing the wrong people.

    Feel free to ask any questions you may have.

    submitted by /u/prostartme
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    CAD Designer here. I just got a new CNC machine and am looking for a reason to test it out. Send me your mockups and I'll mill it.

    Posted: 08 Dec 2017 11:26 AM PST

    If anyone has any parts they've been wanting to prototype (preferably from wood) let me know and I'll CNC it for you.

    submitted by /u/AssDimple
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    Just had my first sale and...

    Posted: 07 Dec 2017 04:24 PM PST

    is it just me or does it give you some sense of euphoria? I feel so happy and proud of myself even though it was just a small order of $9.99. Here's to many more orders in the future!

    submitted by /u/mateoka
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    Question: How many domain names do you own?

    Posted: 08 Dec 2017 07:34 AM PST

    My friend and I have built a free tool that helps domain name owners quickly put a simple 'this domain is for sale' landing page on their domains. Each domain that gets added cross promotes the others and is listed in our marketplace. I won't link to it here though because I don't want to shill.

    What we are curious about learning (and can't seem to find data on) is - how many domain names do people own on average? and of those - how many do you actually use vs sit on.

    For example, at one stage I owned about 50 domains but now I'm down to just 10 of my favourites of which 5 actually have websites on them.

    Post your number below. Thanks!

    edit: a word.

    submitted by /u/domainholder
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    AdWords - what does one charge?

    Posted: 08 Dec 2017 08:42 AM PST

    I've been studying Adwords for quite some time and I'm ready to take the plunge and offer I️t as a service. Do you guys usually charge by the hour for this service? Flat monthly rate?

    submitted by /u/Valesparza
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    Business/Marketer looking for technical cofounder or projects to work on!

    Posted: 08 Dec 2017 10:08 AM PST

    Hello reddit. I am a business/digital marketer looking for a technical cofounder or projects to work on. I am in Calgary Canada currently but open to people from anywhere in the world. I have worked at multiple publicly traded companies doing project management and IT related roles. I have started a startup myself a year ago. I do digital marketing currently on the side for couple startup/businesses. If anyone is interested in working with me or thinking my skillsets can help them please shoot me a message. I am more than happy to have a chat!

    submitted by /u/andy518
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    How to grow your Instagram following authentically, by using your competitors

    Posted: 08 Dec 2017 01:19 PM PST

    Hey, entrepreneurs! I see a lot of posts here about how to grow a social media following via quick fixes that don't link Instagram to your sales funnel. Below are some tips from a social media analytics company, Crowdbabble, for building a following of real potential customers, not ghost followers and bots, who will actually value your brand. This isn't a quick fix post. The two steps below won't deliver random followers, who will never enter your funnel, who you've baited with quick fixes like contests or bots.

    In this post, we explain how to use your competitors to your advantage in a systematic way. We use Crowdbabble tools as a starting point, but you could do a one-off DIY analysis if you have more time to do some manual work. Regardless of what you use, the same principles listed below for using competitors to build your own following will still apply.

    Here we go:

    You know that Instagram account you check everyday and think… "I really wish I could get that many likes and followers…"

    Well, it's time to stop watching that account and start using it to your advantage.

    Dave Trott, who successfully founded multiple advertising agencies and received the D&AD President's Award for lifetime achievement in advertising, said: "Creativity may well be the last legal unfair competitive advantage we can take to run over the competition."

    In the noisy and hyper-competitive world of Instagram you have to be creative to stand out and make a lasting impression. This means your biggest challenge is… being creative ALL the time! But the most successful Instagram accounts don't just create – they spy. They pay close attention to their competitors and go against the grain. They look for ways to keep their audience engaged with great content, while targeting new followers to grow their Instagram account.

    Round 1: Find Your Competitors' Best Instagram Posts and Hashtags

    Content is the most important aspect of growing your Instagram account. You need to make sure you have a grasp on what your followers and the larger Instagram community in your niche engage with: you need to give your target demographic what they want. But how are you supposed to figure out what they want?

    Start by doing a deep dive into the content of 3 competing Instagram accounts.

    Analyze one account that is about your size, one slightly bigger and one that is much larger. This will give you insight into what content is working and help you develop your own Instagram voice that you can be confident will work.

    You can do your first competitive analysis using Crowdbabble to export historical data back to January of 2016. With a few clicks you can easily sort through 2 years worth of posts and identify your competition's best posts to uncover how to get more followers on Instagram. (See a snapshot of how that report would look here: https://www.crowdbabble.com/blog/how-to-get-more-followers-on-instagram-and-knock-out-your-competitors/).

    What you'll want to do next is analyze these top posts and take the aspects you like from all three competitors to help craft your own style and content strategy going forward. Just make sure you're consistent so you can develop a stable voice for your brand that always resonates with your audience. You can also do this without Crowdbabble, by surveying and compiling yourself the top posts of your competitors manually. This will take a lot of time and effort, but if you only want to use your competitors to your advantage once and have a low to no marketing budget, that's a good option.

    In addition to focusing on the top posts of your competitors, you should also examine their hashtags (you can do this with the tool above or more informally by just eyeballing the hashtags on most liked posts). Analyze your competition's most engaging hashtags to figure out how to resonate with your own audience - since they're your competitor, you guys have the same target market. Mixing in some of these smaller niche hashtags with some of the larger ones will help you earn some quick likes and get more followers on your Instagram account.

    Round 2: Target Your Competitors' Best Followers

    Now that you have developed your content strategy and uncovered what is resonating with followers in your niche, it's time to start engaging with your competition's best followers.

    Tough question – who are your best followers?

    There are two types of Instagram users that will help you successfully get more followers on Instagram:

    • Highly engaged Instagram users that are liking and commenting on multiple posts.
    • Highly influential users that have a large follower base within your niche.

    By authentically engaging (liking, commenting, following) with your competitors most active and influential Instagram followers you'll see a large percentage of these followers start following you back, because your contents voice will now be matching their interests. These are real potential customers who may enter your funnel.

    As a result, your Instagram account will get more meaningful followers and your engagement rate will increase. These engagements will also be authentic, because you'll be adding highly engaged Instagram followers instead of bots.

    Increasing your engagement rate organically will rank you higher in the Instagram algorithm, which means your account will get discovered more and you'll show up in more feeds – cracking the code of how to get more followers on Instagram.

    Good news for you – Crowdbabble (what a surprise!) has just released a new product called Ninjababble that will help you accomplish Step 2 and get more followers on your Instagram account (check it out here: https://www.crowdbabble.com/ninjababble/). With this tool, you can connect any public Instagram account to see every single person engaging with an account. Filtering options can help you quickly identify the highly engaged and influential followers engaging with your competition. After optimizing your content to match their interests, start engaging with these followers on a daily basis to grow your Instagram account and leave your competitors in the dust. If you don't want to do this in a systematic way, you can do an informal version of this step by manually clicking through your competitors' posts and seeing who engages with them.

    Conclusion: Your competitors have already done the work. Use it to your advantage. Executing on this strategy might sound like hard work for you, but spending the time forming a highly engaged and influential follower base will set you up for success. Keep an eye on your competition, and remember the quote from Dave Trott – your creativity is the biggest competitive advantage you have.

    Have you guys ever used competitors to your advantage on Instagram? How did you do it?

    submitted by /u/stairapprentice
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    [C-Tribe] Serial entrepreneur and CEO of Cappsule, Sahr Saffa sits down with The Hateful Truth Podcast.

    Posted: 08 Dec 2017 08:17 AM PST

    Sahr discusses his struggle as an entrepreneur and failing on his mission to New York to pitch his tech start up to investors. Still determined, Sahr created a festival full of key note speakers from all over the world in different sectors from blockchain to AI to bring back that networking experience he was apart of in New York. Tune in to listen!

    SoundCloud

    itunes

    Podbean

    submitted by /u/tht_pod
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    I want to work on my own thing, I don't know what that thing is?

    Posted: 08 Dec 2017 03:18 AM PST

    I am into software and work in software, I use .Net and Python, will graduate an Applied Mathematics major at a good university, not the best student, not the worst student.

    But I don't want to "work under", I know it is useful, I know it is needed, but I want to pursue working on my own thing because I am interested in schedules, time management and similar management tools so I want to have my own system and earn my life with a system that I craft.

    Problem is, I don't know what that things is?

    Currently, I am living in Turkey, my plan is to find a job/internship abroad next year during an empty semester (around 6 months), then come back and finish my degree to go back there to work and slowly start my own "thing", but also work on that here before I leave and maybe find my job/internship on that thing?

    So overall question is,

    How to find a "thing" to pursue and work, as an entrepreneur?

    submitted by /u/Psuedopean
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    I’m meeting with a local store next week for the first time to try to sell my products. What should I bring with me, and what questions should I ask?

    Posted: 08 Dec 2017 02:17 PM PST

    My business sells all-natural spice blends (all my own recipes). I've been selling online for almost 2 months. I reached out to a local store and am meeting them next week. This store sells many different types of products, including art and handmade crafts. It supports small businesses and artists in the city.

    Any advice for a first timer? What are the most important things to bring with me? What questions do I need to ask?

    Thanks!

    submitted by /u/gumbo_ninja
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    Website Development; Wise to start from scratch or use services readily available? (Details Inside)

    Posted: 08 Dec 2017 10:06 AM PST

    Hi guys! I have a few questions for those who are very knowledgeable and/or have experience in developing websites that can host community profiles and consumer content (aka, a Social Media). Long story short, I'm working on a service business which will run like a Social Media platform focusing on user generated content. I've explored both web and app development options but the cost of that may be above my start-up budget at the moment. Can website creation services like Wix or Squarespace handle something like that or is it in my best interest to invest in a full website design built from the ground-up?? Is there a better service I can use? I know they have a lot of flexibility in terms of front-end design options and features but what about the back-end? It's going to require people to be able to create accounts and profiles, post content using specific templated inputs (text and images, no video hosting yet), subscribe to others (a live feed), a like/comment system, tag categorization index etc.. THANK YOU ALL in advance!

    submitted by /u/vincethemagician
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    [Rant] Will never use Shopify again - am very disappointed as an entrepreneur from them and have no idea what to do to save brand image.

    Posted: 07 Dec 2017 05:28 PM PST

    Update: Shopify just told me they have the right to hold my domain for 60 days... this whole experience has been a nightmare.

    Update2: The amount of tips and support Im getting here is so positively overwhelming - thank you all so much! Based on recommendations from several users, I decided woocommerce is the best option for my business. Im registering a whole new domain today and starting from scratch (in the meantime while I wait 60 days for Shopify to give me back my domains). Heres to the new year on an open source platform!

    I just got f*cked over by Shopify and I need some people in the same position as me who could understand to rant this to.

    I started an e-commerce site not long ago and put COUNTLESS hours into it (72 hours just this week and even took PTO off of my salaried position to build this). I launched my first facebook campaigns, was making orders and everything was gravy so I started another site and everything looks to be AWESOME.

    Last night I log into my second site and notice a "site is currently unavailable page". My thoughts are that everything is okay, I'm sure it's just a glitch. But then I'm locked out from my admin panel. All my unfulfilled orders, my CRM list, all locked out from me. Even my domain name cant be transferred. Upon reaching out to Shopify – with hopes that I would be able to resolve this and get my site back, I am greeted with a GOD-awful run around answer that my "site presents a level of risk" and that they can't provide anything else moving forward. I reply to the email asking for more info – present some evidence that I have done nothing wrong and get literally a copy and paste of the same message back from a different rep.

    BS Answer here: https://imgur.com/a/0IjDo

    At this point Im furious inside but hold my temper to a minimum. I completely understand that for whatever reason, sure, they can ban me – that's their legal right considering its their platform. But for Christ sake how can you freeze me out of my admin panel and hold my domain that I registered through you?! In brick and mortar – if for whatever bullshit reason the landlord decides to take your store away they have to give back all assets, they cant just lock me out like this! I'm sorry if this is just one long rant but I'm just so disappointed… All that time and money I spent building this out is all for not.

    Is there anything I can do here? At this point I never want to relist on Shopify again and have already researched ecomdash and am looking at building my own site and platform. I'm not saying your experience will be the same, but look out. Still have no idea why I've been locked out, am convinced that I have done nothing wrong or sketchy and am ready to move on from Shopify. But as you might imagine this is incredibly discouraging for an entrepreneur. All that time and money :/ . Thanks for listening.

    Edit: I got a 3rd response from their risk analysis team and honestly this one makes my blood boil more than the first two. At this point I've learned to accept this and am moving on but please Shopify just release my domain ownership and site content back to me at this point. I am at a loss for words. I have unfulfilled orders and customers expecting a reply. You've single-handedly tarnished my brand and legally you could do that yadayada but please, please, give me back access to my domain so I can address any customer concerns :/.

    3rd response: https://imgur.com/a/AdyKr

    Edit 2: Just wanted to respond to the understandable curiosity about what my sites were selling - I had outdoor gear on one and fitness gear on another. No branded or licensed products, no sketchy shipping misinformation, I was completely transparent about sizing info, shipping info and product information. Like I said - I am at a loss for words and cant believe a SaaS company as widely known as Shopify would allow this brand-killing nonsense overnight and offer no explanation.

    submitted by /u/dukiepooh
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    About to run a coupon on Amazon. Any experience with this?

    Posted: 08 Dec 2017 11:32 AM PST

    It is set to run, but I am not 100% sure I know how it works. It just pops up on Amazon? I assume it pops up on related topics? Is it possible to share the coupon in different social media? Any ideas on how to maximize effectiveness?

    submitted by /u/bmdavis
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    Are paid courses on "how to blog" worth the expense?

    Posted: 08 Dec 2017 10:58 AM PST

    Has anyone paid for courses on how to build a profitable blog and been happy with what they learned for the price. My wife is eyeing a $200 dollar course and I'm having trouble understanding the value of it.

    submitted by /u/ClayHotdog
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    Part 3 of 3 For LinkedIn Ads Guide! Hope you like it!

    Posted: 08 Dec 2017 12:04 PM PST

    Everyone! I finished the last part to this 3 part series! Let me know what you think and any feedback you may have! Check it out! www.howell.marketing/blog/part-3-of-the-knights-guide-to-linkedin-ads

    submitted by /u/codyhowell4
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    How to Reward/Motivate and Punish for Success

    Posted: 08 Dec 2017 11:47 AM PST

    Should we reward ourselves by the completion of work? From the book Influencer, it taught me a very valid lesson. Instead of rewarding our output and success by the jobs we complete, it is much more beneficial to reward behaviors and the small details we perform. If we look to reward our completions, it makes it much tougher to focus or even figure out the initial steps to we must complete to achieve the whole project.

    When we choose to reward ourselves or are rewarded by an outside source, it may actually kill the motivation and enjoyment of what you set out to complete in the first place. Dr. Mark Lepper examined the effects of rewarding children in 1973. It revealed rewarding people for engaging in activities that are already satisfying will decrease the enjoyment and motivation you have to do it on your own. When you reward for something you already enjoy doing and then take the reward away after that, people usually do less of it.

    Dr. Lepper would give kids their favorite snack for engaging in activities that they already enjoyed; playing with their favorite toy. Once the rewarding snack was taken away for doing so, they would play with their favorite toy less than before. This is a massive to know and understand with work ethic. If we constantly reward ourselves for doing work, contributing, helping others or whatever it may be, if the reward is not there in the future, we may not ever have the motivation to do it again.

    Humans recognize that they are doing something and getting paid a special bonus for it. If that is removed they conclude it must not be that satisfying to do it for nothing because why else would someone offer a reward? What a great analysis of how the human mind works in these circumstances!

    We must be careful when rewarding ourselves or places we work and are involved in because this can often set us up to be unmotivated and much less productive. I think about how many successful people do not care for the money or all the glamour materialistic items and think of this. This keeps them going each day highly motivated for the love of the game or journey. Also if you are not receiving rewards and others around you are, it could also un-motivate or have you more depressed rather than enthusiastic to achieve the same outcome.

    When there are incentive rewards around, you believe you deserve them always for what you do and if you don't, you feel robbed of everything you contributed. This only hurts our personal progress to become the best version of ourselves.

    We must use incentives wisely. Rewards and punishment are still very useful to apply to us for doing a good job but when it comes to extrinsic rewards, the rewards do not need to be very large and usually less is more. A small reward for a job well done can feel just as satisfying then a large one. This has been proven in many different circumstances. Such as at a company that gives a plaque for the #1 sales person of the month. Most people will fight tooth and nail for that plaque that means absolutely nothing and has no value and when they receive it, feel as if they got a noble prize with $100k cheque.

    I've also learned this myself as I've actually always been like this with my own rewards. When I had a amazing day, making a killing for the day or week. I would reward myself with a small bag of chips. I was all about building my capital rather than spending it but I was so thrilled to get that bag of chips, it felt so great! The job well done was more than enough but that little reward kept me going! It is often the thought that matters and not the gift itself. This is because the thought behind the reward carries a symbolic significance. This significance goes a lot further for us than the reward itself.

    In the book influencer they mention the Delancy Company that would give small change to cocaine addicts as rewards for clean urine samples. Since they were stricken from all their possessions when in the program, the small change was somewhat significant. This reward of trust though held so much value and was very small really kept these addicts away from doing cocaine when the addiction was at its heaviest. Let that sink in.

    The small rewards allow the motivators to reward more often without having the drawback of the value being so big others would be so small in comparison you wouldn't want to do the job to get that reward in the first place again. It gives them the opportunity to reward more often because it will be affordable or available in many more circumstances. This allows us to reward on much smaller jobs well done and as it should be because we need to reward each essential behavior that gets us to that final goal. As I mentioned, we must reward the behaviors, the small details because we need to know what steps to focus on next and master each one of those if we are going to accomplish that big goal or project. Reward incremental improvements as they happen and that will motivate people or yourself much more, especially when the reward is small but the weight of doing a job well done goes so much further.

    Rewarding behaviors with social motivation support is often much better then external rewards.

    For punishing, it's often not beneficial to punish on the first time something is done wrong. Again remember we must do so with the behaviors but first we must give a warning when the wrong behavior or step is taken. Give a warning with the chance for them to redeem themselves but also let them know what the consequences will be if they choose to continue to behavior once again. When the same mistakes or behaviors continue, you must follow through then so they understand that what they did is not tolerated. This will give them a chance to change and if not, the punishment will make think to not do it again in the future.

    Not too much on punishing, it is pretty cut and dry compared to rewarding. Both have consequences we need to recognize as leaders, motivators, parents and for ourselves.

    submitted by /u/Matthew_Jay
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    Aside from domain name, WordPress theme, and hosting, how would you spend $200 on a new blog to help get it off the ground

    Posted: 08 Dec 2017 11:37 AM PST

    This is a follow up to another post where I asked if a paid "how to blog" courses are worth it. I'm not totally stuck on the $200 mark, but it's the cost of the course. What's the best bang for you buck on a new blog? Link to my other post: https://www.reddit.com/r/Entrepreneur/comments/7ih3u7/are_paid_courses_on_how_to_blog_worth_the_expense/?ref=share&ref_source=link

    submitted by /u/ClayHotdog
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    Need help on understanding building a directory type of website

    Posted: 08 Dec 2017 08:52 AM PST

    Hi guys. I'm curious as to a site like theprnet.com, what are the technical requirements in building a site like this? I'm assuming it's not very technical? I want to build a community for pr/marketing/media professionals in the lifestyle industry, pretty much like what this website is doing, but i'm trying to understand the technical requirements in doing so. Any help is greatly appreciated!

    submitted by /u/memelia
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    Financial Mentor Desperately Needed for Startup

    Posted: 08 Dec 2017 10:48 AM PST

    I run a software company with two projects. Over the last two days, I've lost ¾ of my staff because I do not have the skills to secure funding myself. I know enough business finance to pay my taxes, pay my bills, and so on. But my projects need funded. (and I did the research, there is a market for both)

    Please, point me in the right direction, or if you would like to help, pm me.

    I please ask, no "try crowdfunding" or "try this miracle website" replies/pms. And yes, I've tried friends and family.

    submitted by /u/alamare1
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    How do you vet web developers from UpWork or Fiverr?

    Posted: 08 Dec 2017 05:41 AM PST

    I recently posted listings on both sites for we development work and got a ton of responses. What are your best practices for vetting the responses prior to hiring?

    submitted by /u/cheeseburgerjose
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    Where can I find templates for operating agreements and other start up documents?

    Posted: 08 Dec 2017 10:32 AM PST

    Hey guys, I'm drafting the operating agreement for my partner and myself. I went through a couple "free" processes and ended up at a screen where they ask for a credit card. Thinking of signing up for the trial at eforms, but I'm hoping there are actual free resources out there that might just be buried under SEO and ads on Google. Do you know where I can get a free template for an operating agreement?

    submitted by /u/PorkHat
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    Could Juicero survive, if they had done this?

    Posted: 08 Dec 2017 02:00 PM PST

    I love juice. I really do. All kinds of it. Pineapple, orange, etc. What about you? I'm sure you also like it.

    However, do I love juice that much that I would buy a machine (even a very good-looking one) for $400 to squeeze my juice out of a package for $5-8? No. What if I knew, that I could squeeze that juice myself? HEEEELL NO!

    So, I've got two questions for you, guys:

    Question №1 How did they manage to market the idea so well? I tried searching the web, but most of the articles describe either the product itself or its demise. What was their marketing strategy?

    Question number 2 Would Juicero be able to survive if after all the rage caused by the Forbes article, if they followed this strategy: they accept the fact and start producing juice packs that are even to squeeze out by hand. Like, you buy a package for $5 bucks and whenever you want freshly-squeezed juice you squeeze it out easily with your hands and enjoy the drink.

    submitted by /u/icantusethisname
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    Is there a recommended list of countries to NOT ship to?

    Posted: 08 Dec 2017 10:09 AM PST

    I hope this is an acceptable question.

    I want to avoid all hassles and scams.

    submitted by /u/GreatBigPig
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