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    Wednesday, March 28, 2018

    Wantrepreneur Wednesday! - (March 28, 2018) Entrepreneur

    Wantrepreneur Wednesday! - (March 28, 2018) Entrepreneur


    Wantrepreneur Wednesday! - (March 28, 2018)

    Posted: 28 Mar 2018 06:06 AM PDT

    Please use this thread to ask any wantrapreneur questions.

    We do this to not overflow the subreddit with wantrapreneur questions, so please try to limit the questions to this weekly thread.

    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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    Youtube channel is bringing in 5 figures a month but I'm still scared to quit my job. Help!

    Posted: 27 Mar 2018 09:21 PM PDT

    So we started a Youtube channel a year ago and it's doing fantastic, bringing in tons of money and subscribed to by 1% of the population of Thailand. However, I still haven't quit my tech job. It's a good stable job in a country where i'm a foreigner and good jobs are hard to come by. My boss has said he'd hire me back if we have the head count but I still am hesitant to quit. Even though the youtube channel brings in 5x my current salary, it's more about stability. We previously had an app company and we did really good for a year until Apple changed their algorithm and it tanked our business. I'm so cautious of relying on someone else's platform for 100% of our family's income. I've been punched in the mouth, I know how it feels. I am working on a youtube help channel and coaching business but I just don't have enough free time to get it rolling fast enough. What would you do in my situation. Have any advice for me? I'd love to hear from some veteran business owners. Thanks!

    EDIT: OMG you guys, this thread blew up!!! Thank you all so much for being gracious and giving me solid information. It's going to be a lot to think about over the next few days. I'm definitely going to get a financial advisor and come up with a plan for my finances.

    submitted by /u/shiroboi
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    How's your mental health doing?

    Posted: 28 Mar 2018 01:17 PM PDT

    Entrepreneurship can be a tough journey. Loneliness, depression, anxiety and so many other mental issues are faced by us entrepreneurs every day. Just wanted to check in and see how everyone is doing and remind everyone you aren't alone in the mental battles you face.

    submitted by /u/ParkerBurns
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    Bootstrapped Site Builder Making $7,000/Month

    Posted: 28 Mar 2018 01:49 PM PDT

    Hey /r/Entrepreneur! I am Rich Clominson, the maker of Failory, a website where I weekly interview failed startups. But today, instead, I here to talk about success.

     

    I had the pleasure to interview Mattijs Naus, founder of Pagestead. In only 9 months, he (and a small team) created Pagestead, a self-hosted, fully white-labeled website builder. They launched in spring 2017 and were soon able to earn a great MRR with it. Pagestead now makes $7,000/month and has +140 customers. However, in the development and growth process, they committed some big mistakes.

     

    Here are the main points:

    • Mattijs Naus, Founder
    • Pagestead: Website Builder
    • Start in: Spring 2017
    • Country: Thailand
    • Fully remote team
    • Monthly Revenue: $7,000
    • Customers: 140

     

    Let's get into the interview!


    Hi Mattijs! What's your background, and what are you currently working on?

    My name is Mattijs Naus (typically go simply by "Matt"), originally from The Netherlands but living in Thailand for the past 13 years. I run a software business with a fully remote team and our flagship product is called Pagestead. Pagestead is a self-hosted, fully white-labeled website builder. We sell licenses for the software to companies around the world (typically a one-off fee). Additionally, we sell subscriptions giving access to continued support and software updates. With me being the founder, I take on a number of roles, jumping around between front-end development, support, marketing, business and customer development, etc.

     

    What's your backstory and how did you come up with the idea?

    I studied both business and CS in university before dropping out and moving to Thailand. During my first few years in Thailand, I was working for a travel company doing web development and other IT-related tasks. I had a tremendous freedom during this job to start projects and experiment with things. This allowed me to grow my coding chops as well as create a taste for starting projects and side-businesses.

    After leaving this job, I have started numerous projects and business (ending up selling one as well). Most of these projects didn't result in anything great, but I simply enjoyed creating stuff. Since not all of these projects were generating income, I was often doing consulting and freelancing work on the side.

    I guess you could say most of the projects I started "failed". However, I don't really like that word, as they don't feel like failures too. All of them were awesome learning experiences and great fun to build. One of my more recent "failures" is a product named "Failswitch". It was a tool which would prevent your website from being down, ever. I think the reason this failed was due to the fact I was not able to define a clear audience for this, beyond simply "people with a website" (which is way too broad). This pretty much ingrained the idea that for a small, bootstrapped business to succeed, having a clearly defined market in the early days, as well as a channel to reach them, is very important. Another hugely important lesson I learned after numerous built-out products without any customers, is that validation before the building is critical. It's hard, especially for us coders, not to right away dive into code when having an idea for a business or project, however doing so almost always results in a product without users/customers.

    I was also active selling WordPress themes and HTML templates on ThemeForest during these years. This lead me to start building my first website builder script. It was mostly aimed at HTML template sellers, allowing them to bundle the script with their products and thus allowing customers to easily modify these HTML templates (even to this day, there are still numerous HTML templates available on ThemeForest which use our script).

    I quickly started seeing other types of customers buying the simple site builder script like web development agencies, marketing firms, hosting companies and internet marketers. We started seeing a demand for this type of product (with numerous additional features our product didn't have at the time). I started building additional site builder scripts with better features and started selling those as well on CodeCanyon. This was a nice business for several years with decent monthly income (around $5,000 a month). However, at some point, I started growing tired with selling through a market site like CodeCanyon. We had now ways to contact our customers and we starting seeing CodeCanyon's parent company Envato moving into a direction we did not like.

    So, we (at this point I assembled a small team) decided to build and sell the next iteration of our site builder tool, now named Pagestead, outside of the Envato ecosystem. This turned out to be an excellent decision, as we're now 100% in control and are making more money than we did selling on the Envato sites.

    Here you can see a screenshot of Pagestead's page builder interface.

     

    How did you build Pagestead?

    It took us about 9 months (roughly) to create Pagestead before we launched in the spring of 2017. However, this first version used a lot of code of a previous version, so it wasn't like we built it from scratch. We also were not working on it full-time (we all had other jobs during those months). While building the first version, we were a team of three: myself, one back-end developer and another front-end developer.

    The first version of Pagestead was pretty lame to be put it bluntly. We really launched with the absolute bare minimum in terms of features. Thankfully, we have a large list of email subscribers, existing customers and other helpful people in our network who helped us determine which initial features we needed to have. It's thanks to our early customers who believed in us and pre-ordered or purchased during the early days that we're in business today!

    Here is an image of the first landing page for Pagestead (back when it was still called SB Pro).

    There were, and honestly still are, tons of doubts about whether we're building a viable business. Just a few days back I was asking my wife if she thought there was some magic number of customers, revenue or profit which would finally remove the doubt and confirm we have a sustainable business. Unfortunately, we were not able to come up with this magic number :) Before launching, we had a pre-order page allowing people to pre-order at a nice discount of 20%. Back then, we said the magic number was $10,000. If we were able to achieve $10,000 in pre-orders, we'd conclude this was enough proof the idea was viable and enough people would be willing to pay for this software. When we reached that number, I still had my doubts. We ended up doing just over $30,000 in pre-orders. The doubts were probably slightly less, but definitely not completely gone. It's not just doubts about whether we're building a viable business. It's doubts about new features to build, how to scale customer support, whether to hire that new employee, etc. You learn to deal with it though. I acknowledge the doubt and then cast it aside and move forward making decisions to best of my capabilities with the information I have at that moment.

    One of the biggest obstacles we faced while building Pagestead was FUD (fear, uncertainty, and doubt). While we were working on the first release, I constantly worried we were not moving fast enough, we wouldn't be able to attract additional paying customers after launching, not being able to make enough money to support everyone, etc. It's that annoying nagging voice in the back of your mind. I am sure we overcame a whole bunch of smaller obstacles the past year, but none of them seem worth reminding.

    I can honestly say that the process of building the initial version of Pagestead was not an enjoyable experience, in the slightest. It was an intense and stressful episode and there were plenty of moments I was seriously considering abandoning the project and moving onto something else. I guess the thing that kept me going was that on some level I knew it would all be worth it. Additionally, having customers willing to pay us money for a product that has not yet been completed was a huge driver as well.

    When it comes to setting the prices for Pagestead, it was really just a matter of experience, talks with customers (and knowing what kind of customer we would be selling this to) and intuition. I don't believe we have our pricing nailed at the moment, and we'll likely be making some changes in the near future. We'll use the information we have at that time, try making some changes and see what kind of response we'll be getting back from our customers.

    I am personally not a big fan of big public launches and we never did this for Pagestead. Instead, we launched quietly to our mailing list. That was all really. A simple email to let everyone know we have finally launched. I love the idea of stair-stepping the launch process and doing multiple small-scale launches. So, whenever we release an update, we do a small launch by email, Twitter, Facebook, etc. We have had a number of people asking if they could "hunt" us on PH, however, we're holding off until we're closer to product market fit and have made some other improvements.

     

    Which were your marketing strategies to grow your business?

    Not an awful lot to be quite honest. We're still generating a healthy number of leads from traffic coming from other products in our portfolio. Additionally, we have done some SEO and content marketing efforts which are now, after several months, finally starting to deliver some results. We have done some small experiments with paid acquisition, however until we reach product-market fit, or get very close, we're holding off serious investments in marketing Pagestead.

    We're quite comfortable with the current growth rate. It allows to put critical parts of the business in place, such as customer support, in preparation for faster growth in the future.

    We have been seeing traction since before launching. Since we were quite successful with pre-orders and cultivating a mailing list before launch, we have been gaining new customers pretty much since day one after launching.

    Revenue data for the last three months.

     

    What were the biggest challenges you faced and obstacles you overcame?

    As mentioned earlier, FUD has been, and still is a big issue from to time. Since you're entering uncharted waters almost on a daily basis, you're often on your own in figuring out what to do next or how to handle a certain issue. Sure, there are places you can turn to for advice, however, although well meant, advice is always based on the giver's personal situation and circumstances and does not always help you.

    Another big issue for us at the moment is dealing with and scaling customer support. Up until recently, I and my main developer were handling most of the support requests. This obviously is not a good thing, as it drastically slows down our development efforts and delays future releases. As we need to reach product market asap, we're scrambling to move both of us away from support.

    Other than that, we deal with the typical obstacles any software company faces. Things like deciding which features to implement first, working on documentation, documenting internal processes, implementing automated QA, etc. Fortunately, most of these obstacles are of technical nature and fixing technical issues is what we coders do best ;)

    Other personal obstacles for me are things like loneliness. Although it's super easy to connect with people and gather like-minded people around you, building a bootstrapped business as a solo-founder is an inherently lonely undertaking. Nobody but you fully understand everything that's on your plate. It's up to you, and you alone, to make the decisions.

     

    Which are your greatest disadvantages?

    Some of the personal disadvantages I am facing arise from me being a coder/product person at heart. I used to be most happy and content when locked up in my office and building cool stuff. Talking to customers, making myself available to my team, doing interviews, etc are all things that did not come naturally. I had, and still have to, work at these things to move the business forward.

    When looking at the team at large, the same applies. We're all coders/technical people with limited business experience. This means we all have to get outside of our comfort zones from time to time.

    As for the market in which Pagestead operates; the site builder market itself is highly competitive: there are numerous, well-established players with whom we are competing.

    Some of the disadvantages Pagestead has compared to competitors, include the fact that we're relative new, with a young product and the fact that we're selling a self-hosted product instead of a traditional SaaS product.

     

    During the process of building & growing Pagestead, which were the worst mistakes you committed?

    We have spent a bunch of time and money on things which, in hindsight, we shouldn't have. We wasted time and money on building a collection of 600 templates, which we never were able to complete (due to a variety of reasons). We have made some small "mistakes", where we spend some time and resources developing features we did not end up releasing. Sometimes because halfway through the feature we found out it would end up being too costly or the demand was not as big as initially thought.

    Other mistakes were made releasing features too early, while they were not yet stable enough and not tested thoroughly. We probably also started focusing on automated QA a bit too late.

    One thing we got blindsided by was the large support burden; we didn't anticipate the support demand would be this big.

    I guess you could call this a mistake of sorts; I probably should have done a better job cultivating our mailing list since we launched. Sending out regular drip campaigns with tutorials, how-to's and other useful content could have been beneficial.

     

    If you had the chance to do things differently, what would you do?

    I would probably start spending more time on documentation early on and start implementing automated QA sooner. I would also spend more time working on email marketing and customer relations.

     

    Apart from mistakes, what are other sources of learning you would recommend for entrepreneurs who are just starting?

    I learned tons from podcasts like Mike and Rob's "Startups for the rest of us" as well as from resources like Mixergy and communities like Indie Hackers and HackerNews.

    I also read tons of books. It would be impossible to list every single book that has been useful over the years, but here are a few:

    • Rework, Remote and Getting Real - Jason Fried & David Heinemeier Hansson
    • The Lean Startup - Eric Ries
    • The Year Without Pants - Scott Berkun
    • Founders at Work - Jessica Livingston
    • The $100 Startup - Chris Guillebeau
    • The 7 day Startup - Dan Norris
    • Traction - Gabriel Weinberg
    • Tribe of Mentors - Tim Ferris
    • Start Small, Stay Small - Rob Walling

     

    Where can we go to learn more?

    You can learn more about our main product here. You find me on Facebook, Twitter or IndieHackers.

     

    Original interview published at https://www.failory.com/mistakes/pagestead

    submitted by /u/richclominson
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    I stopped trying to make the perfect website and made 1k my first month

    Posted: 27 Mar 2018 08:48 PM PDT

    I have a niche related instagram that I posted on for fun but ended up getting a decent following. I was always reading this sub and watching youtube videos trying to become perfect and I was never happy. I didn't have the perfect product and I didn't have the perfect website design but I went ahead and launched it. I can tell you that not only did I make a decent profit I learned so much more than any course or book out there. I learned what is selling what my customers like and so on... So while I only made 1k in my first month I plan to 10x this very soon. Many people said selling clothes was a terrible business idea and discouraged me from even starting... I had a passion for what I am selling and the niche it was in and I can promise you it's just the start. Point of this post is you can read tons of post and watch tons of videos but you'll never know until you just start. If a reddit user says your idea is terrible but you have a passion for it do it anyway. Start your business and fail... Don't quit your day job but do invest what your willing to lose on that website you've always wanted to start keep trying until you A. Learned why it was failing and fixed it. B. learned why it was failing and moved onto another business with the knowledge of what caused you to fail. Most important is be passionate about your product. If you are just trying to sell say apparel and you think bowling will be a good niche but you hate bowling you are probably going to fail. If you love airplanes start with airplanes! You can always come in and do it better.

    submitted by /u/Adventure03xx
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    Google ad words and telemarketers

    Posted: 28 Mar 2018 02:18 PM PDT

    I'm running a Google AdWords campaign for my electrical contracting business, it is a very competitive field, so the clicks aren't cheap. I've only just started it, but I know the people who are clicking through are telemarketer's. These mofos are burning up my daily spend. Is there a way to avoid this from happening?

    submitted by /u/Farmboy76
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    How to get over my fear of failure?

    Posted: 28 Mar 2018 06:15 AM PDT

    I'm currently making a third of my day job income from my side income (which is making retro mobile games). I have three games that are doing well and making an average of £500 a month each. From past experience, if I release more games a long the same theme as these games, there's no good reason I shouldn't make just as much from my next games.

    Each game will take me about one month to write, working in my lunch breaks and before going to bed at night.

    If things go to plan, then I can release 8 games by the end of this year and have my side income match or beat my main income, meaning I can save up a lumpsum in saving, then quit and go full time.

    This is my dream, I fantasize about quitting to do this all the time, I also think going full time on this will allow me to make games even faster and higher quality, then move into my main aim, which is writing retro style VR games for the growing VR market place.

    But. I'm terrified it won't work, and I'll not go full time, the money won't come, I'll have wasted a year trying to do this only to find it doesn't work. And even if it does, as soon as I go full time, everything will go wrong and I'll land my family in financial problems, we'll burn through the savings and I'll find I can't get back into the workforce to get a day job again, my wife will leave me and this will have riuned my life, so I would have been better staying in my battery chicken farm job now (software engineer in a small software company that's going nowhere).

    What do I do? How do I keep myself motivated??? How to get rid of the fear?

    submitted by /u/andymcadam3
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    Making money with online webcomics/cartoons

    Posted: 28 Mar 2018 10:52 AM PDT

    Who here has done this? Whats the smartest strategy to do this and make money at the same time?

    submitted by /u/His-Dudeness97
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    My book is published, what now?

    Posted: 28 Mar 2018 09:10 AM PDT

    Please view the free sample and take a look. It's called Leeches Suck, its a book of jokes written 100% by me! Is there any potential in this? There are some 'marketing' things within Amazon I signed up for and allocated $100 to. Other than that, what do I do now? Do you think this has potential to sell?

    I made the cover art in 20 minutes so I should go back and upload a way better looking cover art, I will soon, but other than that, is this a good standalone joke book?

    Should I have art inside the book? I am willing to re-work the whole thing but I would need someone to collaborate with because I'm unable to see outside myself and this is the best I could come up with.

    I also write poetry and was thinking I'd make another e-book with a compilation of my poems. Milk and Honey is an Amazon best seller that shows how much potential there is.

    I've yet to sell a copy but I'll be elated if I do.

    submitted by /u/RhymesTimewithThyme
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    Save for business or travel for a month?

    Posted: 28 Mar 2018 08:08 AM PDT

    Hey guys! I am here to ask for advice. I have some money saved up. Two of my biggest goals have been to start a business and also travel. I haven't done either. I now have some money that would help me in doing one or the other. I'm currently 24 and I am curious on whether I should travel for a bit first before I begin a business or if I should start my business first then travel. Knowing that many of you are successful and have a better grasp of what goes into a business, what do you recommend? Thank you all!

    submitted by /u/dark_night_man
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    Videographer looking for advice

    Posted: 28 Mar 2018 02:03 PM PDT

    Hello! I started my videography business 16 months ago. I had a very successful first year, and an even more successful second year coming. However, I want to be even more successful and make more money than i currently am. In comes YOUR ADVICE. I currently pay for Google Ads, and pay on a few other wedding websites for videography advertising. First question is; are there any other good places to advertise my services that I am missing? Secondly, what are some more ways to get more clients apart from advertising? Am I just being impatient? My website is www.sjkvideoproductions.com if anyone wants to take a look and give me advise. Thank you in advance!

    submitted by /u/samuelkiste
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    [update] my university did a sharktank event and i asked for some advice on here

    Posted: 27 Mar 2018 08:18 PM PDT

    thanks for all your advice! i was still super nervous, i shook a LOT while presenting but i managed not to really fumble on my words. i think i talked pretty quietly, but i really tried to make my ideas clear. i also kind of started tearing up when i sat down because i was so scared. but out of the 22 or so presenters, i got.... second place!

    so seriously, thank you for your great advice. i did keep the topics you guys suggested in mind and i was able to keep my presentation short and sweet. i wasn't expecting to place or anything, my jaw literally dropped when they announced the winners. i didn't even hear what i won (still have to email them about it) because i was so shocked lol.

    sorry for the kinda long post, i'm just pretty happy about it and i don't really have anyone else to tell besides my mom. :) we did it reddit

    edit; here's the previous post

    submitted by /u/asleepliterature
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    List of business niches that are unsexy

    Posted: 28 Mar 2018 01:54 PM PDT

    I'm a web developer who plans to get on the phone with a niche and find a problem that could be solved by my skills. To maximize my chances of a win I want to get away from the sexy industries that draw competition (a lesson i learned the hard way as a wannabe internet marketer a few years ago)

    I have a one track mind (as you'll see below), please add to my list for any niches you think are unsexy or otherwise undesirable and underserved, yet easy to access the top level person:

    • Commercial cleaning
    • Garbage collection
    • Cemetaries
    • Junkyards
    submitted by /u/seands
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    Do you have any good resources that you would share?

    Posted: 28 Mar 2018 07:50 AM PDT

    Hi /r/entrepreneur

    So this weekend I will be setting up a Shopify store selling vegan and environmentally friendly goods. I'm based in the UK and the goods are coming from Portugal so a delivery time of 5-10 days.

    Anyways, I will be using a broad range of marketing tools so I'm just wondering if you would be willing to share any guides or Youtube videos that you found particularly helpful?

    I'll be looking at:

    • FB Ads
    • Google PPC
    • Influencers
    • SEO
    • Instagram Ads
    • Pinterest
    submitted by /u/tp3753
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    What platform do you use to sell your instructional videos and why?

    Posted: 28 Mar 2018 01:03 PM PDT

    I'm starting to sell instructional videos online.

    I have a 30 day trial right now with Vimeo, but not sure if that's the way to go. I like them because they hook in with Shopify nicely, but I'm not sure about their pricing model. Supposedly they take 90% of the take, plus the transaction fee which can be between 4% and 17% depending on the payment method. That is on top of the $20 monthly subscription fee I pay for the Pro version.

    Would you recommend any cheaper alternatives?

    submitted by /u/fabiovolo
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    Finding a niche

    Posted: 28 Mar 2018 12:58 PM PDT

    Alright, so here's the deal- I have a small business in my home state but I'm looking to grow and open another (hopefully more profitable) business in my new state. Where my first one was, nothing was in the town so really anything would do well enough to keep the lights on and food on the table. All I had to do was go pay my hundred bucks to the state, 35 bucks to the town, and find some inventory.

    My new area is a lot different, a good sized city (65k people,) more disposable income it seems. My old business (a music store) won't do well here because of the two old timers in the area who nobody will go away from so I have to start anew. My problem is that I can do so many things and do them well that it's hard to pinpoint a "most needed" and market out of my skill set right off so I went down to the chamber of commerce to get their ideas, see what people were saying they have a need for, etc. and they sent me to the economic development council who told me that they had no idea why I was sent there before literally shutting their office door in my face. As you all know, the best idea means nothing without a need or market, so what can you all suggest that I do to determine what's needed or search for a market? Any advice is appreciated.

    submitted by /u/Jeepwave13
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    Any small or mid-size business in Europe looking for free management consulting?

    Posted: 28 Mar 2018 12:36 PM PDT

    Our Executive MBA team of Professionals are looking for a potential company to partner with for (Queen's University) Smith School of Business Global Business Project.

    An amazing pro-bono consulting opportunity from our Queen's EMBA 7 person team! Travel and lodging expenses will be covered by the program.

    Projects must focus on a substantive, existing international business challenge or opportunity with an organization. Student teams are required to complete an international field study, conduct the required work and research, and prepare a recommendation for future action (a total of 525 hours of work).

    Any introductions or recommendations will be greatly appreciated, please message me for further details. TIA.

    submitted by /u/salcod
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    How to find companies that need new workplace due to expansion?

    Posted: 28 Mar 2018 12:35 PM PDT

    How do you determine companies that are outgrowing their existing work places due to expansion and may need new office / warehouse?

    submitted by /u/kashaziz
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    What surprised you about transitioning to entrepreneurship from a career?

    Posted: 28 Mar 2018 04:48 AM PDT

    My wife and I are about 3 months away from transitioning to working in my business full time. I'm obviously scared to step into it full time, but excited to start.

    Here's a list of todos for us: Find disability, life, liability and health insurance Choose "nomad" locations to live Hire accountant

    Here's what's going well for us: $20K emergency fund Paid off college loans and mortgage $80K in 401K - don't plan on touching

    Health insurance is up in the air, we may join a healthcare cost sharing program.

    Would love to hear what others did to prepare to work in a business full time from a finance perspective.

    submitted by /u/Turtle_Burst
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    What are your options if you dont want to use ebay or paypal for ecommerce?

    Posted: 28 Mar 2018 12:10 PM PDT

    Hi

    I had several products that i sold on ebay and im used to sell products online through their platform.

    I dont want to be too dependent to one platform and they changed their site and fees so much that i would like to sell products without them.

    Any experience how i could sell my products without using them? Someone here who successfully quit ebay and maybe even is more successful now than before?

    (my products are mostly digital or can be sent via small packages, thats why i prefer to have an online presence for a larger customer reach. im from germany so sorry for my bad english)

    Edit:im not looking for other payment methods but for other platforms and options to sell your products.

    Thank you guys.

    submitted by /u/loadacode
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    small business idea - make your favorite craft beer into a whiskey(sort of) in 30 days

    Posted: 28 Mar 2018 08:23 AM PDT

    Hi there , I would like to know your opinion on my idea It is about beer distilling and making a ( sort of) whisky from it.

    Would you buy a bottle of whisky made from your favourite craft beer? Groupon style; let's say a 100 people want to buy a bottle of whisky made from the same craft beer. The whole process will take less than 30 days ( beer sourcing, distilling, aging). It is possible to age/mature alcohol very rapidly and achive tastes and aromas similar to 3 or 4 years old whisky in less than 10 days.

    I've been working on rapid alcohol maturation for some time. It is possible to age / mature alcohol ( like whiskey, brandy or rum ) very quickly, in less than 10 days we've produced aromas similar to 3 years old whiskey. We are aware it is not Whisky but something new, something between "eau de vie de biere" ( how the French describe it) and Whisky. We have a problem with naming it so we keep using the whisky (incorrectly). How would you call an aromatic alcohol distilled from beer and rapidly aged? Genuine question.

    We are thinking about turning the idea and the process into a small company. Would you buy a bottle of whisky ( working describtion) made from your favorite craft beer? Can you help us and take a short survey?

    https://goo.gl/forms/FuCNZE1pjG0DDdCh2

    What do you think?

    submitted by /u/beer2whyskeynew
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    When, where, and for how much do you buy artwork for your work spaces?

    Posted: 28 Mar 2018 12:08 PM PDT

    You always see artwork everywhere but there seems to be no rhyme or reason to the when, where, and how companies buy artwork. It seems to be usually from a catalog or management buying something they came across that they liked.

    What industry are you in (i'm especially curious about startups, restaurants, and hair/beauty salons)?
    How much do you usually spend per piece and/or in total (originals, lithographs, g clay prints)? When, where, and how do you usually find/buy your art?

    Thanks!

    submitted by /u/Strategy-Duh
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    Possibility of monetizing a weight loss journey?

    Posted: 28 Mar 2018 12:07 PM PDT

    Hi All,

    First time poster here and to be honest not even a lurker, very rare I visit here. However, I have been scanning over the last few days and seen ideas bounced about regarding Youtube and Instagram etc. which gave me a bit of inspiration.

    A quick overview of what I am seeking advice on is that a few years ago I found myself at ~330lb decided enough was enough and got myself down to the 190lb mark in around 8 months. Unfortunately I had a few things happen in my life with a bout of depression, anxiety and so on I have put the weight back on and more.

    I have started to lose weight again but thought that keeping a record of this via blogging, youtube and instagram will give me the incentive to keep at it.

    After reading a few posts on this subreddit I also started thinking of the opportunity to monetize my 'journey' dont get me wrong I'm not thinking 'get rich quick' just something that might bring a little additional income that may be helpful. I would look to feature my weight loss, cooking (im no chef but i can follow a recipe), fitness and maybe in the end some fashion related stuff (just spitballing ideas).

    I'm in no rush to implement this and I'm reading up on it as much as I can from any resource i can get my hands on. I was wondering if any people with this experience could give any advice at all, positive or negative. Is this even a thing that I could monetize?

    Thanks for taking the time to read this.

    submitted by /u/chimpus
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    Shipwire vs Real Inventory

    Posted: 28 Mar 2018 12:00 PM PDT

    I am working on an online store and am very close to working out sourcing and fulfillment for all of products. I am using drop shipping for apparel and accessories and I am happy with the pricing. There are a few things I will be selling that cannot be drop shipped and my options are to hold them as inventory and ship them my self or use ship wire. For me personally inventory would be hard because I go to college out of state and bounce back and forth throughout the year. The idea of ship wire fulfillment is appealing because I would be able to run my store 100% from my laptop and phone. The only problem is after the first 90 days of using ship wire there is a $500 dollar minimum bill for the month. That would make it the single largest cost per month for me aside from the cost of the products themselves. For those who use ship wire is it worth the extra cost when compared to real inventory?(I would have to pay storage and probably have to hire a part time employee for at least half the year) Is ship wire easy to cancel or they make it a hassle? Any information about using shipwire would be helpful.

    submitted by /u/Wynn_lynch
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    How would I do this & Is it worthwhile to do??

    Posted: 28 Mar 2018 11:59 AM PDT

    I am a vehicle technician as a full time job and while trying to put nuts and bolts on tight and hard to access places and always dropping them I thought surely there is an easier way. I thought if the gloves had a very small magnet in the finger tip to keep the bolt in your hand and not dropping it then it could work.

    I was just wondering is it worth while to look into and is it even possible?

    Thanks in advance

    submitted by /u/carter555
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