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    Home Unlabelled Thank you Thursday! - (March 01, 2018) Entrepreneur

    Thank you Thursday! - (March 01, 2018) Entrepreneur

    March 01, 2018

    Thank you Thursday! - (March 01, 2018) Entrepreneur

    Thank you Thursday! - (March 01, 2018)

    Posted: 01 Mar 2018 05:07 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
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    We are your moderators, help us help you. Thread improvement ideas, rule changes, general input, Tell us anything!

    Posted: 01 Mar 2018 10:47 AM PST

    Hi /r/Entrepreneur,

    We hear you loud and clear. We want to make our sub better by making it more valuable, easier to navigate, and a source of useful knowledge.

    Problem: Our subscriber base covers a very wide spectrum of entrepreneurs. We moderators, try not to edit content or decide what should or should not be allowed. Rather, we enforce the rules, but we haven't adjusted the rules in quite some time so there are lots of gray areas when it comes to what should or should not be allowed. Therefore, we are seeking community input for suggestions and modifications that can be implemented.

    If you make a criticism, please offer a potential solution. This isn't flame the Mod-team.

    If there is a feature or attribute from another subreddit you would like to see implemented, we highly suggest you share it.

    This is your community, let's make it better for everyone!

    Potential rule adjustments:

    Tier 1 Rule Violation (Warning):

    • Posting Revenue without profit

    Tier 2 Rule Violation (24-hour ban - no warning):

    • Offsite linking to blog or video in original post
    submitted by /u/FITGuard
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    Can we please stop fetishizing 'entrepreneurship'?

    Posted: 01 Mar 2018 03:15 AM PST

    I don't know when calling ones self an 'entrepreneur' became a thing... But it's gotten to the point where the word 'entrepreneur' used in common conversation has become a pretty massive red flag for me.

    I know exactly zero successful people who think of themselves in this way. The restaurant people think of themselves as restaurant people, the trucking people think of themselves as trucking people, and on it goes.

    There's a real perception out there right now that starting a business without any real industry knowledge is a viable route. It isn't, and it never was... And in fact is a really good way to light your personal savings on fire. All in the name of being an 'entrepreneur'.

    I'm not telling anyone out there to NOT open a business necessarily, but if you've never worked in a similar business it's probably a terrible idea. Don't try to start software companies without understanding software (which 99% of the time means being able to do the coding yourself), don't try to open a restaurant without at least a couple of years of successfully running someone elses restaurant, etc.

    Even the 'serial entrepreneur' people I know are really strong business people who had skills before they even considered opening their own operation.

    We need to be very clear with people about how 'entrepreneurship' isn't an entry level job. Because it isn't. It's for people who want to cut their boss out and keep all the money, not for people who have never held a real job. Opening a business is for when you're the real no-bullshit deal and you want to get paid accordingly. It's not a shortcut. Every overnight success any of you are thinking of was years in the making.

    EDIT: I should be really clear... If you can sell almost any business is a viable possibility for you. You'll be looking at the business from the perspective of 'I could sell that...' and that's a very solid way to pick out businesses. It is definitely not what I'm trying to talk about. I'm mostly talking about people who say 'entrepreneur' a lot. Some of you are serious verified hustlers, and I'm not really talking about you. You guys keep on doing what you've been doing...

    SECOND EDIT: I'm not trying to tell anyone that they have to be a master of a specific business before they can do something in that direction... But the business had better match your skillset. And if you can get someone to pay you to learn the business that's substantially better than just going in blind. Having a few months to just immerse yourself in the space with no other responsibilities hanging over your head helps a LOT. For instance I got a job doing almost the exact role I do now. I'm glad I did, as it let me learn more aggressively by taking bigger risks than I could have under my own power. But that's just my perspective and other people's mileage may vary. Not trying to target any legit people who invaded new lands.

    submitted by /u/Iloveproduce
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    [DISCUSSION REQUEST] Anyone here not looking to be a millionaire over night? I'm a 20 year old student working in a restaurant just looking to make some extra cash.

    Posted: 01 Mar 2018 06:32 AM PST

    Hey all!

    So I'm just wondering is there anyone else here that is in the same boat as me. While I think it's great that everyone has big aims and dreams and on a not so good side that people are idolising over everyone who can make a couple million bucks out of an idea - Im just a level below this at the minute.

    A bit about myself perhaps to get this ball rolling:

    • 20 years old

    • Studying Marketing

    • Work in a restaurant (have cash to invest)

    • Not hoping to make millions

    • Want to buy a new laptop before the Summer

    • Travelling to China after being selected for an innovation academy by my university

    • Get on very well with people, hence the waiter job.

    • Can survive on about €600 bucks per month at the minute (car insurance, travelling to college, college loan repayments etc, nights out with friends).

    • Hoping to move out in the next few years (Im sure my "real person" job with my degree will help with that).

    • I enjoy a good side hustle, had a few over the years: reselling razor blades, buying cheap college books and reselling etc.

    • Never really got into Iphone flipping (too expensive to put into a single product at once). And due to a shortage of proper yard sales in my country never really got the chance to go around to them and collect items that people were selling and resell them afterward.

    Basically Im not making millions per month and I was wondering is there anyone here that is making less than €1000 per month with their business / side hustle that would be willing to give some advice, I feel as if it would be better to aim for smaller objectives and goals so can build upon them before reaching for the stars immediately.

    And PLEASE no "Im making $14,000K P/M selling dog collars using influencer shoutouts" :)

    submitted by /u/Figrole
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    $4k/mo restoring old radios (weekend project)

    Posted: 01 Mar 2018 05:43 AM PST

    Pat from Starter Story again, here with another interview.

    This one is a bit different, as it's more of a side project, but a pretty cool one at that.

    TLDR:

    • Allen finds old radios at places like garage sales, restores them and even adds bluetooth to them.
    • Primarily works on the weekends and grosses $50k/yr.
    • Featured on CNN! (see video below)
    • He puts his radios on dozens of online marketplaces, to "cast a wide net".

    Hope you enjoy:

    My background

    My name is Allen Chiang, and I founded Retro Radio Farm, where I repair and restore old radios. I offer Bluetooth MP3 upgrade if the customer wants to play digital music.

    I have a busy career as an IT professional. Retro Radio Farm is side business that grew out of a recent hobby of mine.

    Right now, I make about $50K a year for the work I put in primarily on weekends. While it's highly profitable, it has not yet lucrative enough yet for me to quit my day job. Although, the business has been growing 20% every year.

    What our radios look like

    How I came up with the idea.

    One day back in 2012, I happened to go to a local flea market. I wasn't looking for anything in particular, and I'm not a flea market or garage sale regular.

    I noticed these two old radios for $15 each. I had not been interested in old radios before, and I was not a collector or a retro guy. These particular radios were from 1950s, bright and colorful, oozing with retro pride, but in sad, neglected shape.

    As far as my professional background, I have an electrical engineering degree but never worked on radios. My understanding of these things was only basic at best. I knew analog audio sounded better than digital from my guitar days.

    I read a few articles online, postings on forums, and figured out how to repair these things. It was a slow process at first, with a lot of trial and error.

    I was looking to launch an online business of some kind to generate additional income. I had been selling random stuff on eBay for years.

    How I find radios and how I repair them.

    Radios manufactured between the 1920s through 1960s were built on vacuum tube technology, which became obsolete with the introduction of solid-state technology.

    Vacuum tubes are actually glass tubes about the size of a small light bulb. All digital technology today is based on some kind of semiconductor transistor, but much smaller. There are still manufacturers of vacuum tubes, but they mainly cater to guitar players and high-end audiophiles.

    Vacuum tubes are fundamentally analog. They are expensive to make and service. They are power hungry, big and bulky, relatively unreliable, burn-out over time, and run at higher temperatures compared to digital. Yet, many musicians and audiophiles insist on them because of their sound quality. Many people feel vacuum tube based audio is a lot more organic sounding.

    I've been working on old radios from all periods between the 30s through the 70s, but I prefer the 50s mid-century designs because of their bold and colorful designs. During the 50s, America as a country was going through rapid growth, experimenting and taking chances, leaving old conventions and attitudes behind. This is reflected in how these radios look. Brown and white Bakelite radios of the 30s and 40s gave way to pink, turquoise, and seafoam greens with oblique angles, chrome, and space-age design motifs.

    Featured on CNN!

    These radios are becoming very collectible. The upcycling potential of these old designs with modern technology is driving prices higher and higher.

    So I started finding these old radios from the 30's, 40's, and 50's online and buying collections from collectors. Often for me, the satisfaction is the thrill of the hunt. I remember one collector who had so many of these old radios in his garage. The radios were propping up the falling structure and were lying around in piles in his yard! Another collector had so many radios in his attic that there wasn't enough room for anyone to walk around. He ended up dropping them out of the attic windows while I caught them in his driveway!

    Most of the collections I acquire come through word of mouth and via my website as well as through various social platforms under the Retro Radio Farm name.

    Each radio repair and restoration project is different - each one is a mystery and a hidden story to tell. When I fix a radio, and it plays again, I feel like I've solved a puzzle. It's true not many people listen to AM radio anymore. AM band nowadays seems to have 1 of 3 basic programming formats; talk, latin, and oldies. It's fitting, like from a Stephen King story, when a 50's song is the first thing that plays after decades of silence.

    There's one common thing I find inside all these old radios: DIRT. These old radios were mechanical as much as electrical, not like the solid-state designs of today. Dirt and anything mechanical is a dangerous combination. Plus, these old radios were warm, dark, enclosed, and most cases stored in attics, basements, and garages for years, sometimes decades. That's a haven for mice, spiders, ants, etc - you name it!

    A great idea without hard work won't succeed. An OK idea with a lot of work might succeed.

    Some radios were still working before being put into storage - making the repairs simple. Maybe a tube was blown, or an old beeswax and paper filter capacitor dried out. eBay and specialty electronics supply stores still carry plenty of replacement vacuum tubes at a low price. Replacement parts like capacitors, resistors, and most other components are widely available.

    Other radios have had a more unfortunate fate. Remember, these radios were not glorified muscle cars or the cherished cultural icons such as the custom colored pre-CBS Strat. I find them with missing knobs, cracked or chipped, coated with grease and lint, painted with latex, etc.

    It is time-consuming to repair cracked and chipped cases, repaint or re-veneer them, or re-manufacture and fabricate missing pieces or trim. Electronically, troubleshooting can take many hours. Armed with a schematic and a hefty dose of electrical intuition, I discover root issues are defective capacitors, a broken circuit trace, an open transformer, or tolerance drift. My workshop articles documenting some of these restorations help tell these stories. The workshop stories seem to outperform my other content, especially in email marketing blasts.

    I strive to maintain originality. Unless the customer requests new totally new technology, then all circuits and exterior features remain intact and factory original.

    With the resurging interest in the phonograph, I figured analog radio or Bluetooth to play MP3/MP4 makes sense. I figured out a way to add Bluetooth to make these radios play modern music formats MP3, MP4, Bluetooth or Wifi. For many people, these old radios are just shelf art unless they can listen to their music on iTunes, iPhone, or iPad.

    These radios sound great with the Bluetooth addition. I add a rocker switch on the back to select between Bluetooth and regular radio. The Bluetooth feature allows customers to play their own music wirelessly from any Bluetooth capable device.

    The Bluetooth MP3 modifications are intended to be reversible. All circuit modifications can be undone by someone who is qualified. I find my customers are equally men and women across a wide age group. Typically, they appreciate the nostalgia aspect of these old radios. Most want them working, but some collect as display pieces. About half my customers upgrade to Bluetooth MP3.

    My radios have even been used in several movies as props. One Manhattan decorator used my radios in a wall display. I have sold my radios nationwide across all states and to many countries globally.

    Launching the online store/business.

    I started off by selling completed products on eBay, but I eventually outgrew it. I put up RetroRadioFarm.com because I wanted to build my own brand.

    My professional experience gave me an advantage in setting up my own e-commerce site.

    My startup costs were nominal:

    • About $30 to register my domain.
    • Maybe $100 for both state and federal tax IDs.
    • Soldering iron and maybe $100 of spare parts and I was off and running.

    I quickly launched my Shopify store. I came up with RetroRadioFarm.com as the domain as my first choices, such as retroradios.com or vintageradios.com, were already taken.

    The Shopify platform is pretty turnkey. I also looked at Magento and GoDaddy. I even considered oDesk to build my own site from scratch. I came up with the logo and store concept in one afternoon. I chose not to use Shopify store templates because I wanted something unique.

    I've learned it is crucial to learn about SEO marketing. It is an evolving playing field, and new opportunities are introduced every day.

    As Google, Facebook, Twitter, Amazon, etc evolve their platform, I try to stay on top of it all to get my message out. Initially, however, I just jumped in and started buying AdWords and developing campaigns.

    Attracting new customers.

    The list of my online channels keeps growing, some involve costs, and some do not.

    I am on Facebook, Amazon, Twitter, Etsy, Pinterest, Youtube, Instagram, among others.

    I just added my product inventory to Houzz, Kik, Wish, and Wanelo. There's more.

    I strive to cast a wide net. Every hit counts. I rely on a diversified strategy. I leverage every opportunity to reach new customers. I use Omnisend for email marketing. I target folks who have signed up through my website, Facebook look-alikes, and existing customers for my email campaigns.

    I try to describe everything about my product to eliminate purchase objections. I try not to assume people know anything about my product features unless I state it explicitly.

    I do not have plans to set up at antique shows or maker faires because of cost constraints. I do not offer a retail storefront either for the same reason.

    The best campaigns for me have been Google Remarketing campaigns and organic search and display advertising. Facebook, Pinterest, Instagram, and Twitter are growing. Email marketing is excellent, but I can't do it every day.

    I'm thinking about starting a podcast to share my workshop experience live, but I'm not entirely sure how I would go about it.

    Every once in a while we get a windfall event, like our CNN Great Big Story feature, or our feature on MessyNessyChic, and we see a pop in traffic. It is exhilarating to see 1000% or more percent bump day over day, and the resulting revenues! I'm not sure how to get more of these.

    Plans for the future.

    Someday, it would be great to be able to quit my day job and do radios full time.

    In order to achieve this, I am considering various possibilities; a reproduction line, a storefront, a book, or all the above.

    I am looking for investors. I am in the process of getting patents.

    Have you learned anything particularly helpful or advantageous?

    • Beautiful images:. I am constantly comparing photos I find online with my own. Do my pictures look better than theirs? I try to ask someone else's unbiased opinion.

    • Product descriptions: I try to describe everything about my product to eliminate purchase objections. I try not to assume people know anything about my product features unless I state it explicitly. I value questions which customers have asked me and incorporate all those criticisms in my future offerings. No matter how obvious it may seem to me, I may lose a customer if they are unsure. However, I won't lose a customer if I tell them something they already know. I try to leverage audio and video to sell.

    • Customer communication: Building good customer relationships is key. I check my email, Facebook messaging, YouTube comments every day. I analyze any and all feedback seriously and take all the necessary steps to improve my product and brand.

    Platform/tools.

    • My online store is on Shopify.
    • Shippo for fulfillment and postage generation.
    • I maintain an Etsy store which has been successful.
    • USPS for shipping.
    • U-Pic for shipping insurance.
    • I use YouTube for product video demonstration.

    The best advertising vehicles have been online ads at special interest group websites. We offer international sales, but I have found it to be a small percentage. I'm not sure why.

    Resources I recommend for others in the business of radios.

    I haven't found too many people doing what I do. Radiomuseum has been a good source for schematics. Radioatticarchives has been a good source for model and manufacturer identification and photo library. Once in a while, I query antiqueradios.com forum for troubleshooting tips.

    Advice for other entrepreneurs who want to get started or are just starting out.

    • A great idea without hard work won't succeed.
    • An OK idea with a lot of work might succeed.
    • If you don't work, you don't get paid.
    • Substitute 'work' for 'new learning' as applicable.

    Allen will be in the comments if you want to drop any questions in there.

    submitted by /u/youngrichntasteless
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    Here are the TOP #10 habits of self made millionaires | Success Unite

    Posted: 01 Mar 2018 08:39 AM PST

    Here are the TOP #10 habits of self made millionaires.

    1. GET EDUCATED

    Invest in yourself. Get a mentor, read books, go to seminars, listen to podcasts. >> Be learning everyday.

    2. EXERCISE

    Ensure 30 minutes of exercise every day to get your blood pumping, reduce chance of disease & release endorphines to make you feel great.

    3. FIND LIKEMINDED PEOPLE

    Remember you are the sum of the five people that you associate with the most. Who do you want to be?

    4. GOALS

    Have them. Know what they are. Understand what you need to do to achieve them.

    5. MAKE THEM A REALITY

    What are the steps you need to take to achieve your goals?

    6. COACHES & MENTORS

    Think you can figure it all out yourself? Please don't. You'll waste valuable time & shed loads of money.

    All of these guys had mentors: Eric Schmidt & Larry Page / Sergey Brin Steve Jobs Mark Zuckerberg Warren Buffet Bill Gates (You get the idea)

    7. MANAGE YOUR TIME

    Say no to things that waste your time to maximise your productivity and results.

    8. GET UP EARLY!

    Between 5-6am you'll have time that's undisturbed by others so that you can achieve more.

    9. MULTIPLE REVENUE STREAMS

    Don't put all your eggs in one basket & automate as much as you possibly can. (automated / re-occuring revenue is your key to passive income. To work less & have more time & money).

    10. LEVERAGE & SPEED

    Stick to what you're good at. Get help for the rest to get you where you want to be faster.

    How many of these are you doing right now?

    Let me know...

    Thank you Darren Sassienie Success Unite

    😀💪🙏 (Happiness. Strength. Gratitude)

    submitted by /u/successunite
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    Can a UK Limited Company Sell in the US?

    Posted: 01 Mar 2018 11:24 AM PST

    Basically I have a registered business in the UK. I'm looking to sell some products on Amazon US, am I able to do this with my UK limited company? And if so, how do I go about paying taxes and such? Can anyone explain or point me in the right direction as it is rather confusing.

    submitted by /u/LetsGoRollins
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    Why do Barbershops not adopt an unlimited haircut pricing model?

    Posted: 01 Mar 2018 12:14 PM PST

    Doing some small consulting for barbershops in my area. A few have asked me about an unlimited haircut pricing model. I know this model works for car washes, gyms, etc. why couldn't it work for a barbershop? Is it to specialized or could this be a good idea if structured correctly?

    submitted by /u/booyakashaben
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    My Way of The Lean Startup: Part 1

    Posted: 01 Mar 2018 12:00 PM PST

    I'm a serial entrepreneur, cyber-security researcher and a software engineer with over a decade of experience and I just started my next venture, Phish.AI. I decided to share in a series of blog posts important milestones, insights and lessons learned along my new journey. Some of the ideas are inspired by the excellent book "The Lean Startup" of Eric Ries, mixed with my own way of thinking and experience (I won't go into technical details of my startup here, you can read more about it on the startup website but I'll go over the main business ideas).

    One of the main concepts in the book "The Lean Startup" is that when you have a business idea you have many assumptions or hypotheses that are called leaps of faith and you need to validate them as fast as possible and decide if you want to pivot or persevere based on the validation. A startup failing this will soon run out of money. My two cents here are that sometimes it's very time or resource consuming to validate the hypothesis, so to move on I used the 80–20 percent rule (where to do 80% of the work takes 20% of the time and to do the last 20% of work takes 80% of the time). To validate each hypothesis I did 80% of the work and I continued to the next one with 20% uncertainty. The advantage is that it allows me to be fast on my feet while I take into account that there will always be uncertainties in every hypothesis.

    In this post I'll present 5 hypotheses and how I validated them.

    Concept

    In the last decade the cyber-security industry transformed massively along with the entire internet landscape. Some aspects of security evolved considerably — including secure software development, web technologies, isolation technologies, encryption and many more. But some didn't change nearly as much like phishing scams where websites that looks exactly like legitimate ones are actually a clone of the website that is hosted on a different domain. For example, you may accidentally input your Office365 login and password in an attacker's site that only looks like Office365. Phish.AI tackles this issue by employing modern artificial intelligence and computer vision techniques to build an "automated virtual cyber expert" that can look at an image of a website and detect if the site is similar to a known website but hosted on a suspicious domain.

    Hypothesis #1 — Is the technology feasible?

    The first thing I validated is whether the tech can learn to recognise good websites and then detect with good accuracy phishing sites that look alike and have a low false positive rate on other websites that are legitimate.

    After I developed my first Proof-Of-Concept I ran a benchmark on more than 1,000,000 sites and got astonishing results of over 90% percent detection rate and 0% false positive.

    These results, alongside the first version of the Proof-Of-Concept made me comfortable enough (With the 80–20% rule) to move on to the next Hypothesis.

    Hypothesis #2 — Is the technology fast enough?

    Because the technology sits in the cloud and gets screenshots from a browser extension, I need the analysis to be done in real-time in order to block and prevent malicious websites (otherwise the user already got phished). The first version of the Proof-Of-Concept was too slow, but after a few more development iterations I succeeded in bringing the response time to under 600ms. It was time to move on to the next hypothesis.

    Hypothesis #3 — Good gross margin (fancy way of saying is it cheap enough so we can be in business)?

    I won't share the exact cost as it is sensitive information but I'll share the ballpark. Let's assume the product costs 4$/user/month. A good gross margin for a SaaS product should be over 80% so the cloud costs should be below 0.8$/user/month. Because this doesn't include the cost of support and R&D, in a good situation the cloud costs should go below 0.4$/user/month (90% gross margin) — in this case we have a 10% buffer for services and for mistakes I made in this very early calculation.

    After a few runs and optimizations, the cost for the third version got to about 0.6$ (Again, this is a ballpark calculation, as I don't share the exact figures).

    Hypothesis #4 — Would I use the product?

    Now it was time to build a minimal first version of the product and see if I would use the product myself — I can't sell something that I wouldn't use myself.

    I built the first version of the product over google cloud (maybe I'll write a different techy post about the technology stack I used), including the AI and Computer Vision Backend, administrator dashboard and a chrome extension for my browser.

    I'm constantly using the extension now, as well as a few friends and family (Although I'm not in the typical phishing target demographic, the product blocked a few phishing sites for me.). More importantly, I can now demo the first version of the product. 80% done, time to move to the next stage.

    Hypothesis #5 — Will people pay for it?

    This is probably the most important question for the business. In order to sell my product I needed basic marketing. I built and launched the website with an expense of only 100$.

    I started generating leads and I now have a few potential customers.

    I'm not done with this Hypothesis yet but subscribe to my page and I'll write the next part shortly — as with the lean startup methodology you have to iterate quickly.

    Next time, I will try to find out the answer to the question — "Are people buying the product for the reason you expect and using it the way you expect?" and "Is the market big enough?"

    Hope you enjoyed the first part of this series.

    Thanks to my brother Shimon Pats and my friend Alon Liv for editing.

    Original Post on Medium

    submitted by /u/jekapats
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    How do some instagram pages advertise/earn if they don't own the content?

    Posted: 01 Mar 2018 11:56 AM PST

    I follow many fashion pages on instagram and a few of them have over a million followers but they don't own the content as i've seen the content on tumblr and other places . Eg- one had an image on bradley cooper dressed sharp in a suit. Even though they don't own the content they advertise stuff like watches,cufflinks,ties etc and they have their inquiries email id in their bio.Is this legal? ps- english isn't my first language so pardon poor grammar.

    submitted by /u/kyle768
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    Copy an already existing recipe ? Can recipes be patented ?

    Posted: 01 Mar 2018 11:40 AM PST

    Hi I'm new to selling stuff online, I have a pretty engagdd following in my local area on Instagram, in the health niche. I've made a few sells on my website but I'm looking to create my own product inspired by Four Sigmatic's Mushroom Coffee. Ive been trying to create the best recipe and my recipe is very similar to their list of ingredients.

    So my question is how can I go about selling a product that is very similar to another product on the market ? Is this even legal ? Can I get sued ? How do I know if they have patented the recipe? If so can I make a small tweak in the recipe And sell it as my own ?

    And finally one more question : do I have to get regulated or verified by some government agency before I start selling my coffee ? ( I'm.in Canada if that can help)

    Thanks you guys ,!

    submitted by /u/Marcools
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    Idea: Personal trainer for depressed people

    Posted: 01 Mar 2018 11:36 AM PST

    I'm a 28 y/o guy, 3x triathlete and 2x half-marathoner. My dad has run 30 marathons. I know and believe in the positive mental health benefits of cardiovascular exercise. I have zip-zero-zilch personal training knowledge but I gave an Uber ride to a guy who was 31 and said he's been making six figures as a personal trainer for ~35 clients since he was age 24. I myself have bipolar type 2 rapid cycling which is why this idea appealed to me, I want to help depressed people and would do it for a bargain price since I know most depressed people are probably listlessly employed. Do I need licenses/ credentials for this? Or could I practically copy-paste this very same Reddit post onto Craigslist/ NextDoor and find potential clients? It's just an idea, and I thought it would post it here. Sorry if it's not right for this subreddit, it's just where I thought to post it.

    submitted by /u/JewFromOuterSpace
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    I need Instagram followers ready for the launch of my new clothing brand, how do I get them without using a bot?

    Posted: 01 Mar 2018 06:58 AM PST

    [my site](foreverfirstclass.com/collections/apparel)

    submitted by /u/firstclasshustle
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    For those who do business to Canada, do you have a .ca as well as a .com?

    Posted: 01 Mar 2018 10:17 AM PST

    We plan to launch an e-commerce store that sells apparel and products for a specific niche however we've noticed most drop-ship suppliers (specifically, print on demand services) are located in the US but, we are located in Canada.

    Essentially, this means that Canadians buying off our site could be subject to duties. We are thinking we might have to develop a Canadian site with products already in Canada in order to save our customers the hassle of duties.

    We're just wondering if anyone else here can speak on the pros and cons of having both a ".com" and a ".ca" ?

    Does that sound like overkill?

    submitted by /u/marcher23
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    Name ideas, themes for a pizza place?

    Posted: 01 Mar 2018 01:44 PM PST

    One day I look to open a restaurant and the name and theme does matter. But I have so many ideas and everyday I think of something new. Do you have any ideas?

    So far have thought of:

    Pizza Perfect - The quest for perfection Focus on quality

    Farm House Pizza - Country theme Farm House decoration

    Mom's Garden Pizza Garden theme Focus on fresh, garden ingredients

    Pepperoni Fields forever Beatles theme

    All you Knead Pizza Love and peace, hippy, rock and roll theme

    New York theme,name? (My pizza is more ny style)

    submitted by /u/94122
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    How to find people to mail out too.

    Posted: 01 Mar 2018 01:19 PM PST

    Where would I be able to obtain information about people to drop mailers for prequalifications on personal loans?

    submitted by /u/EmPIr312
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    Monetizing simple web apps through Patreon. Pros/cons?

    Posted: 01 Mar 2018 09:25 AM PST

    Hey everyone,

    I'm a web developer and dabble in some small side projects. Mostly web apps and websites that provide a small service or niche benefit while being easy to use and very simplistic in design.

    I'd like to monetize some of them without having to run ads throughout the sites, and was torn between creating paid tiers, starting up a Patreon, or a combination of both. I've seen other developers run Patreons for software or apps, and figured it would be an easy way to consolidate payment for a variety of projects while providing tiered benefits across the board, and because of it's ubiquity users might be more inclined to contribute.

    However, I feel like it also might come off as cheap and it might prevent a scale-up in the event the app or site starts taking off. In that regard I was thinking just setting up tiers on each individual product, all set up with a Stripe account. Maybe doing both, but I'm not sure if that would be overkill.

    Any ideas, or anyone have a similar situation they're in?

    submitted by /u/DrDiv
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    Entrepreneurship School Project

    Posted: 01 Mar 2018 01:10 PM PST

    I am in an entrepreneurship club, and the teacher in charge gave us a project: We have an envelope with an undisclosed amount of money. (It is a high school project so probably not much) We can't open it until we are ready to make money, and once we open it we have 2 hours to make as much money as possible with this undisclosed amount of cash. We only have one week until we meet to see who won, so we can't plan for long. Does anybody have a good idea how to make a profit in only 2 hours?

    submitted by /u/HunterTheSnake
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    YouTube channel is loosing 6k/yr right now because we don’t have a digital animation artist on the team.

    Posted: 01 Mar 2018 01:02 PM PST

    Briefly we have a growing channel with 17k subs, doing about $550 month worth of streams. Me and two friends sell/lease original music and market it online through ads and streaming our work through a YouTube channel. YouTube revenue wasn't part of the original plan, now that the streams are up we're looking to start using original artwork for our vids so that we'll be able to monetize them. If you or someone you know is interested hmu. Thx!

    submitted by /u/TonyTabasco
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    Do you heavily depend on referrals and personal networks for your business?

    Posted: 01 Mar 2018 06:56 AM PST

    I run a dev agency and until recently my source of income was just from personal network and referrals. Then I hit dead-end. I could not increase my rates since the referrals also wanted me to do the job for same rates as previous clients. I really did not have much options to say no because I had no sales guys to acquire new clients.

    So month after month I ran my agency with very little margins after all expenses, I am sure many agency owners can relate to this!

    Referrals are wonderful, but are they enough for you to scale your business?

    So then I decided and started investing on digital marketing and sales, and I can see the difference now. I have already landed with 2 new projects with higher rates than before through my marketing efforts!

    I know this is basics, but according to hubspot reports 47% of agencies are stuck with same problem! something to really think about :)

    submitted by /u/arunbhat89
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    [Video Tutorial] Monday.com - Project Manager for Entrepreneurs

    Posted: 01 Mar 2018 06:55 AM PST

    There are so many great project managers out there. Monday.com is a fairly new resource that many entrepreneurs and their teams are flocking to.

    Here's a full review of the resource: https://youtu.be/ajBtOzTIhC8

    Let us know in the comments what tools you use to get things done as a team.

    submitted by /u/fdalessio1
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    For new projects that involve financial transactions, should I get a bank account just for my LLC?

    Posted: 01 Mar 2018 12:45 PM PST

    I have a variety of projects that require accepting money from customers. A dropshipping site, and my own jewelry line to name a few. Right now, these sites are sending money to an account I've set aside for incoming revenue, but under my personal bank account.

    Should I get a bank account for my LLC instead and connect those to stripe?

    submitted by /u/iratik
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    How would you recommend marketing a local app for lgbt college students?

    Posted: 01 Mar 2018 06:44 AM PST

    Hi Y'all,

    I'm building an app at the moment thats target market is lgbt college students, but on a local level. Think Grindr but more wholesome, less about meaningless sex and more about community, and for all sexualities (including straight) but I'm targeting lgbt people.

    Since it is local, I was planning on having it closed for all schools, except for the 3 main universities around me with about 80k student population total for those 3 universities combined. My thinking behind closing off other schools is because I want to control growth and it requires users for the app to actually be useful.. like how on tinder if no one is in your area you'll probably delete the app.. i want to prevent this and focus on 3 locations to ensure there are users. Is this a bad idea?

    For marketing I was thinking about:

    1) Talking to my "socially popular" gay friends/acquaintances and asking if they'd spread the word/use it

    2) I have the email address of EVERY student at my university (30k).. that might be useful, but also really spammy

    3) Run snapchat ads that is super local (i.e background of the universities famous monument while talking about the app and only targeting those that go to the school with that monument in the background)

    That's all I have at the moment.. I'd love your feedback/thoughts. I'm still 6-8 weeks away from launching but I feel like I should have this figured out way before then.

    Thanks!

    submitted by /u/JacobSaid
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    Best arbitrage/flipping opportunities?

    Posted: 01 Mar 2018 08:52 AM PST

    Hi everyone — I currently have quite a bit of money to get started in a flipping or arbitrage opportunity, and I have found a few that are attractive, things like FBA, iPhones, cars, auctions, estate sales, etc., but I wanted to ask the community and see if anyone might be able to suggest opportunities that I didn't know about.

    I'm also very interested in gray market arbitrage, so if anyone knows of anything that can be bought in one country that sells for a lot more in another country, that would be amazing.

    I'm really looking for anything where I can just buy low and sell a little higher. I already know about opportunities in real estate, but that's something I'm working up to. For now, I want to know what I can buy for $300 to $3,000 and make a few hundred to a few thousand on per flip. Literally anything, I want to know about it even if it's shipping containers full of sex toys.

    I once heard of some people who were buying rail cars full of lumber that didn't get used and making a ton of money marking the lumber up and reselling it. That's also an example of the sort of thing I'm looking for. I know of a few of these opportunities here and there but I have yet to find the one that makes me have that 'a-ha' moment like "Yes!! That's the one!!"

    Post a comment or PM me if you want to exchange or discuss ideas. Thanks in advance to all who reply.

    PS — No G-d d-n f-g drop shipping bulls-t! Please and thank you. 😁

    submitted by /u/OneTaoThree
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    There is a massive exhibition in 2 weeks where I can meet the professionals I want to work with but nothing is ready. What's the best way to approach them ?

    Posted: 01 Mar 2018 12:24 PM PST

    The title speaks for itself. But there is that massive exhibition in 2 weeks and I thought about going there as it happens once a year only and all the professionals I want to work with will be there .

    But I'm not ready: not registered and no website.

    I thought about this: Going there and make some business card with my name on it and my logo. I already have a professional email address. The website is under construction so I thought about making an IG page as it is faster and organise a small competition where people could win tickets for that exhib. Pretty cheap it's like 10$ the entry but people like free stuff.

    But I don't know what to tell them once I meet them. I know that I have to learn sales when I'll be ready for the real deal.

    And how to dress ? (Fitness industry )

    What do you guys think ?

    submitted by /u/Mithy-93
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    Need recommendations for printing UPC barcodes

    Posted: 01 Mar 2018 12:12 PM PST

    I have been researching and asking real life friends/entrepreneurs for advice, but can't find a solution for my specific needs.

     

    I currently have 64 different SKU (Stock Keeping Units) which amounts to over 100,000 individual items that needs UPC barcodes on each one of them. I did some research and discovered that FEDEX/UPS provides free 4"x 6" shipping labels but not smaller UPC labels, so this will help cut down costs for me in the shipping labels. But I will still need smaller barcode labels roughly around 1"x 2" to UPC label my products.

     

    I've done a simple calculation based off of Uline.com prices for the Dymo Twin Turbo direct thermal printer ($100 on Amazon), and the proprietary labels rolls these Dymo printers require you to use ($10/roll, 450 labels) which amounts to over $2200 just for UPC labeling my products!

     

    Does anyone have any experience with printing UPC barcodes? I bought the Rollo Direct Thermal Printer for my 4"x 6" shipping labels. But I will need a recommendation to print the UPC barcodes.

     

    1) Did you print them yourself? Or find someplace online to do it? (Based off of speculation, I think printing them myself would be cheaper since the sheer volume of UPC labels needed for 100,000 items would be more expensive from sites like www.avery.com)

     

    2) Which printers did you use (thermal transfer or direct thermal)? And could you provide the exact model number. (Just looking at Zebra 450 model there's so many different variations of it, it gets confusing).

     

    3) Where would you recommend I buy the label rolls at?

     

    I appreciate you in advance for taking the time to respond.

     

    Edit: Formatting and spelling

    submitted by /u/phatlynx
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