Wantrepreneur Wednesday! - (May 09, 2018) Entrepreneur |
- Wantrepreneur Wednesday! - (May 09, 2018)
- Science Has Proven Gratitude Is The Fastest Way To Become Happier. This Is Proof + How I Practice Gratitude.
- Best Ways to Drive Potential Customers Away
- 185 business applications for your relationship stack
- $39k on Kickstarter in 3 Days - How I did it.
- What’s the catch with buying an online business?
- One business name; multiple business' possible?
- Whats holding me back?
- Finding/Locating a Business Partner(s)
- Tips for starting a software business?
- Appropriate title to link from blog to business?
- Is the idea of a business like a gas station? people buy something quickly, but often go to a better location?
- Open up a nice modern clothing store in a bougie area with one t-shirt hanging from the ceiling. The t-shirt price is the price of 1 week expense.
- Anybody have experience starting a drone for hire business?
- Running my business remotely
- I have a successful custom furniture business but I want to get in the retail market.
- What kind of items at a flea market/car boot sale are most profitable?
- How do I turn my website/blog into a business?
- I just launched my first app, wordagram, on the google play store! Feel free to ask me any questions you might have or check it out.
- Food packaging for school project help
- Why do people hate and actively try to stop people starting their own business?
- Need a mentor - how do i go about this?
- How do I sell my utility patent? Help!
- Any CPA affiliates looking to try new offers? Just looking for other affiliates to work with
- Which provider to use for selling your buisness?
| Wantrepreneur Wednesday! - (May 09, 2018) Posted: 09 May 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. [link] [comments]  |
| Posted: 09 May 2018 09:42 AM PDT Research has shown that the fastest way to increase happiness is by becoming more grateful. This post will give you three scientific experiments to prove the importance of gratitude, then explain to you exactly how to become grateful, which will make you healthier and happier.
You guys liked my post yesterday about How To Actually Develop The Growth Mindset so I thought I'd pop out another one. I make daily videos so I can keep up this rate of content creation if my posts are giving you value. What Is Gratitude?When I think of gratitude I think of it as a way of living. It has been proven to benefit many (and some unexpected) areas of our lives - from health to happiness to the way we interact with others. I think because of its origin in Buddhism, I automatically associate it with mindfulness. Gratitude and mindfulness are very similar: focus on the present moment as well as appreciation for what we have now instead of always wanting more. Feeling and expressing gratitude shifts our focus onto the positive things in life, compensating for our brain's natural inclination to focus on threats and worries. Because of this, gratitude creates positive emotions like joy, love, fulfilment which all undo the grip of negative emotions like anger, anxiety and sadness. The ProofThe world's leading expert on gratitude is Dr. Robert Emmons, a professor of psychology at the University of California. Dr Emmons examined the effects of writing gratitude diaries on almost 200 college undergraduates. Students were divided into three groups, and each group wrote 10 weekly diaries focusing on gratitude (blessings), hassles and annoyances, or neutral events. Those in the gratitude group were told:
At the end of 10 weeks, those in the gratitude group were feeling more positive about their lives as a whole, more optimistic about the upcoming week and spending more time exercising. Yet the gratitude group did not lead to a more positive mood, as the researchers had anticipated. Perhaps focusing on gratitude only once a week was not frequent enough to change mood. Therefore, the researchers conducted a second study which increased the frequency of the diaries to once daily (for two weeks). Results showed that, as the researchers had predicted, those in the gratitude condition experienced a more positive mood during the two-week period than those in the other groups, and they were also more likely to report doing acts of service, such as helping someone solve a problem or offering emotional support to others. The researchers then wanted to test the effect of gratitude on long term health. The third study asked 65 adults with neuromuscular disease either to write gratitude diaries for a 21-day period or to just fill in the assessments of mood, well-being, and health without actually having an intervention (control condition). Those in the gratitude condition also had their partners rate their mood and life satisfaction. Results showed that the gratitude group had more positive views of their life as a whole than control participants. They also reported a more positive mood and less negative mood on a daily basis during the study period. Their partners also reported that the gratitude participants had a more positive mood and greater satisfaction with life. With respect to health, the gratitude condition actually improved participants' sleep — both amount and quality. Perhaps focusing on life's blessings reduced the worry and angst that keep people awake at night. In summary, writing gratitude diaries seems to be beneficial no matter what. Just two or three weeks of filling out gratitude diaries each evening seems to improve mood, optimistic outlook, and life satisfaction, as well as making you more likely to help others. If you want to gain a health benefit from gratitude, you may need to persist with the diaries for two or three months. This practice takes only five or 10 minutes a day, but when done repetitively, reorients your mental compass towards focusing on the positive. How To Be More GratefulWhen I was researching for this, almost everything I read had a list something like "12 ways to become grateful". Just look at this Google search. It is now more clear to me than ever that writers don't care whether their readers actually implement the advice given: no one is going to pick one out of twelve and actually execute repetitively. So I told myself I wouldn't stop looking until I found the best way to become more grateful, and after using this method for a month I think I've found it. The five minute journal. Now, you don't have to purchase, you can do it all at home, but you should include all six features of the five-minute journal. The journal that Tim Ferris uses. This is my whole routine (includes gratitude practice). 1. Inspiring Quotes You can get inspiring quotes for free on Chrome, your Facebook timeline, or on your iPhone. 2. Be Grateful Quality questions create a quality life. That's why I love questions like "What am I grateful for?". Write down, every day three things that you're grateful for. Then spend 2 minutes dwelling on these things, you see, you've gotta feel grateful not just logically grateful. This is a really important point so I'll elaborate a bit more. All that I've talked about, this whole "being grateful" thing is not a logical thing. You can't reason with your mind by saying "I'm better off that 99% of the world so I'm grateful" or "I have a nicer car than my brother so I'm grateful". You must feel grateful. I know this is weird, especially if you pride yourself on being a "logical man". But in this case, you've got to give that up and let yourself feel. So keep looking for things that you're grateful for until you feel it in your core. 3. What Would Make Today Great? Now, I'm kind of going on a tangent away from Gratitude, but the five minute journal is such an incredible part of any morning routine that I'll just say exactly what I do every morning. Have you ever heard of the Reticular Activating System? It's the thing responsible for determining the lens through which you perceive reality. It's why anorexic people ignore all the evidence that says they're underweight and focus on the evidence that says they're overweight. When you ask yourself "What would make today great?" you are influencing your RAS to point out and engage in activities that will improve your wellbeing; you're building new pathways in your brain that allow you to "see" what you can do to improve your happiness every day. 4. Affirmation Uh oh, if I didn't scare you manly man away with the poem I've definitely scared you away now. Hear me out. Imagine for a moment you want to build more self-confidence. So, every day, you wake up and write down, "I'm confident and comfortable in my own skin." On your way to work, you pass a beautiful stranger. Your eyes meet. They smile, flirtatiously. You return the favor. As you continue to about your day—and take note of more reference experiences that further your new belief—you comment to yourself, "Ah, this must be happening because I'm confident and comfortable in my own skin." This isn't fantasy; this is how you prime your brain to accept new beliefs. The Daily Affirmation is for this very purpose: to commit to writing the person you're committed to becoming. Do this often enough, and in time, you become the very person you once wrote about. **5. (Evening) 3 Amazing Things Happened Today Through rigorous analysis of nearly 12,000 diary entries provided by 238 employees in 7 companies, Teresa Amabile and Steven Kramer discovered a remarkable discovery: Employees who experienced consistently positive emotions, strong motivation and favorable perceptions of their organization were those who celebrated their small-wins. In their own words,
The best time to celebrate small-wins? In the evening before bed. A book recommendation from a friend. A beautiful walk in the park. The barista remembering how you like your cappuccino … there are countless small-wins in your life each day. Are you taking note of them? 6. What Could I have done to make today better? Every evening, after putting his things in their place and enjoying a meal with friends, Benjamin Franklin would examine his day by asking an important question: "What good have I done today?" Similarly, in the Five-Minute Journal, you're invited to ask yourself, "How could I have made today even better?" Here's why: Let's imagine, returning to the previous example of building more self-confidence, you wanted to approach the beautiful stranger you passed on your way to work, but couldn't muster the courage. Maybe you didn't know what to say. Or, you did, but your existing habit of shyness prevented you from doing so. In response to, "How could I have made today even better?", you might write down, "I could have complimented them," or, "I could have asked them their name." Over time, completing exercises like the above shift how you look at obstacles and help you automatically take the action you actually want to take. FinTry this out - see the results. They only take a couple weeks to roll in. [link] [comments]  |
| Best Ways to Drive Potential Customers Away Posted: 09 May 2018 06:23 AM PDT As both an ecommerce store owner and marketer, I've seen my share of sites that are poorly designed, difficult to use, and downright anger-inducing. In fact, pretty much every day people are posting on here, looking for feedback on their websites. Naturally, some of these sites are a lot better than others. Still, given what I've seen, it seems like a lot of folks are going out of their way to look for ways to frustrate the hell out of their customer base. If you'd like to lose prospects, lower your conversion rates, and drastically increase your abandoned carts –this one's for you! Here's a look at some sure-fire ways that you can drive customers away, and keep them from coming back for more. Get ready to take notes people, this one's gonna be deep!
Whew. If your customers make it through all of this, and still manage to buy from you/opt-in/convert, then you know they're legit. Give them a patronizing pat on the back, and throw some free eye-masks in with their order. In all seriousness, I'm not saying that you have to drop 10k to get a good website, but I do think that it's important for companies to put a little bit of time and effort into ensuring that their site doesn't look like a pile of crap when it goes live. Sure, you could go with a generic WordPress template, but just because you can do something, doesn't mean you should! Just as important as the front-end stuff though –like design and UX, is the actual content and structure of the website, the behind the scenes stuff, if you will –the "what you want people to do on your site," and "how you'll get them to do it!" Know any sure-fire ways to drive potential customers away? Maybe some that you've used yourself with great success? We've all done at least one of these when we're first starting out, so don't be afraid to spill the beans. Let's hear it! [link] [comments]  |
| 185 business applications for your relationship stack Posted: 09 May 2018 10:33 AM PDT I found this long list of customer-centric relationship stack tools that I think would be useful for any founder/entrepreneur. It's organized into categories and each tool has a brief description. It's helped me pick out my referral software! Anyway, no real meat to this post. I just found it useful and figure others might too. Here's the list for anyone interested. [link] [comments]  |
| $39k on Kickstarter in 3 Days - How I did it. Posted: 09 May 2018 12:22 PM PDT Hello r/entrepreneur! My name is Austin Dunham, and recently I just launch my new innovative workout equipment on Kickstarter! With a goal of $40k in 40 days, we reach $39k in 3 days! So HOW did I do it? Well, if you don't know I have a Youtube channel with 370k subscribers, but guess what? Only Half of our pledges came through my social outlets. What really drove the campaign the first few days was creating a sense of urgency! The first 24 hours we had early bird discount to early pledges and without a doubt promoting that before the launch made it take off. Now that the organic reach sales have slowed down we are getting more into paid traffic, press, and influencer marketing. If anyone has any more advice, tips or want to talk more please comment or just message me! My Kickstarter: https://www.kickstarter.com/projects/adworkout/double-dip-bars-the-best-of-both?ref=user_menu [link] [comments]  |
| What’s the catch with buying an online business? Posted: 08 May 2018 11:58 PM PDT I know it can't be as simple as going to flippa.com and buying a business that's making $1-2000 a month. Why would people sell something like that? Does the profit margin usually drop off considerably after the sale? Is it that by the time you take over a business and learn the ins and outs you're already leaking away customers, revenue streams, marketing campaigns etc? It just seems too simple. Obviously I'm new to all of this. Has anyone had any long term luck with buying businesses? [link] [comments]  |
| One business name; multiple business' possible? Posted: 09 May 2018 10:54 AM PDT Starting my first business and so far I know that I need four things: 1) EIN, 2) Assumed Name Certificate, 3) Sellers Permit, 4) Home Occupations License. What I'd like to know is this: Can I place all of my business' under one name? Meaning, say I'd like a general name such as Global Trade to be my business name, could I then have another business that falls underneath that one called Electronic Corner? And then again, if I wanted to now start a clothing brand and sell it online, can I have a new business called Fabric Galore to fall underneath that name, too? If not, would I have to repeat any of the above steps? Please correct me if I'm wrong, but I believe I only need one EIN, one Home Occupations license and one Sellers Permit, but would I need an Assumed Name Certificate for EACH business name? If not, is there anything else I would need (beyond what's written above) in order to add a new business? [link] [comments]  |
| Posted: 09 May 2018 01:51 PM PDT I posted this post on another forum but figured I would share it with this sub as well.I did some Market Research on pressure washing this past weekend. Keep in mind that the market research that I did was for a soft wash on a house with a pressure washer. The way that I did this was by calling the top pressure washing businesses that pulled up on google when I entered the search term 'Pressure washing city'. I pretended to be a potential customer and gave them details on my house. Here are my findings: - Company 1- 150-250 dollars, job will be done in 2-3 hours tops. 12 Google Reviews. - Company 2- 160 dollars, job will be done in 2.5 hours tops. 3 Google Reviews. - Company 3- No longer does residential pressure washing. 5 Google Reviews. - Company 4- 75 Google Reviews. However, they do window cleaning as well. 295 with NO gutter cleaning. 320 with gutter cleaning. Job will take 1.5-2.5 hours tops. This in itself was discouraging, as I was aiming to charge 125-150 dollars an hour for residential work. I dont know how to ask these companies about commercial work because most people will want to know why I am asking. Me telling them that its because im interested in starting a pressure washing business will discourage them from wanting to tell me anything about the commercial side. Things that I noticed while doing the research: - It almost seems as if I am going to have to offer other services such as window cleaning, instead of focusing on just pressure washing. - The company that charged the most, also had the best customer service and had the biggest online presence, but they also focus on window cleaning. - The websites for these companies were for the most part pretty bad. This is something that I can potentially take advantage of. Things that discouraged me:
FINAL THOUGHTS: Not only have I been doing research on this industry, but I also did research on the Auto Detailing business. I did market research on this as well, and the results were very similar to the results that I found on pressure washing, in all aspects really. This is making me realize that regardless of the business that I end up pursuing and trying to scale, I am probably going to struggle initially. However, I am trying to not get discouraged and just start in something. But the important thing is to start. Otherwise, Im always going to be waiting for the perfect opportunity, looking for the perfect business. However, I fear this will never come. The important thing is that I just start I think. Regardless of what all the naysayers think or say. With pressure washing, I am thinking of just buying a pressure washer, and start pressure washing my home, my driveway, my roof. Experiment, more than anything. I am also planning on doing my moms house, my friends house. Doing this for free, but learning from it. If I pursue Auto Detailing, I plan to detail my 2017 truck, but also my beater 05 car. I plan on detailing my parents cars, my sisters cars, my friends cars. Taking before and after pictures, and then promoting my work. However, I am still on the fence on what business to pursue. Sometimes I think Im lost, confused, and stuck. But hopefully I can get out of this soon. [link] [comments]  |
| Finding/Locating a Business Partner(s) Posted: 09 May 2018 01:49 PM PDT TL;DR: I need help finding/locating a business partner(s) in the start-up I am planning (not soliciting). Greetings everyone! I have searched and I'm just not entirely sure where to ask this but I am hoping you all can help. All the pros/cons aside, I am needing to find a business partner to help achieve my goals in developing the business. I have a lot of knowledge in the subject; however, I need more technical assistance and I just don't know a good way to reach out and find that person(s). Funding is available so I'm not looking for investment but more for a project help that's upscale-able considering the specific knowledge needed. I don't care to give details, it's just that I don't want to sound like I'm trying to solicit a partner from here. Is there a solid website/community to ask or post this type of request that you all would recommend? Co-workers and internal networks are not an option. These partners can be located anywhere. You'd think someone with an MBA would know and I'm a bit ashamed that I don't. [link] [comments]  |
| Tips for starting a software business? Posted: 09 May 2018 01:40 PM PDT I'm starting a software business essentially based on what I've seen my previous boss do. It's basically large-scale freelancing, although there are app ideas in progress as well, I'm not expecting revenue from these (be nice if there was though). I am a software developer with a masters in computer science, and having worked for a business owner I have some experience interfacing with clients, and some experience billing and managing freelance projects. Any advice for successfully running a software business? [link] [comments]  |
| Appropriate title to link from blog to business? Posted: 09 May 2018 01:29 PM PDT My business has a separate blog website, I want to have a navigation link from the blog to my business website, any idea what a good title for the link would be? Simple question but I can't think of an obvious answer. "2e soft" (name of the business?), "Project Inquiries", ???. I can't think of anything good that will make it clear to my blog audience that it links to my business. [link] [comments]  |
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| Anybody have experience starting a drone for hire business? Posted: 09 May 2018 12:53 PM PDT I'm a firefighter so I have a lot of time off and have been looking for another way to make some money on the side and be my own boss. I've been thinking about maybe getting a good quality drone and offering services such as photography/videography, commercial inspections, and possibly inspecting roofs/ chimneys on residential homes. Does anyone have any insight into this? As far as I know I'd be the only person in my town to offer this with the next closest services being at least an hour away. [link] [comments]  |
| Posted: 09 May 2018 08:06 AM PDT I'm launching a website that provides information on a popular financial product. I don't really expect to make money on it the first year, but I am planning to move from New York City to Mexico City to work on it to reduce my cost of living. Does anyone know what might be the best structure for my business, tax-wise? I'm not sure my work would qualify for the Foreign Earned Income Exclusion, or if I should be looking to incorporate in another state (my parents live in Ohio). Any help would be greatly appreciated. Thanks! [link] [comments]  |
| I have a successful custom furniture business but I want to get in the retail market. Posted: 09 May 2018 11:51 AM PDT I make high-end custom furniture/home goods and my business is doing well locally and through my website. While making custom pieces is great, I'd like to start focusing on a few products and sell them wholesale to larger retailers. My shop is set up to handle large orders and the products I have in mind can be made quickly and sold at high prices. I've reached out to a few retailers and got the names and contact info for some buyers but I've been reluctant to contact them without knowing exactly what information to give them and how to present it. So far on my list of things to include in my cold product pitch are:
So I guess my question is What do buyers want to see when they get inquiries about new products and what is the best way to present the product specs to them? [link] [comments]  |
| What kind of items at a flea market/car boot sale are most profitable? Posted: 09 May 2018 11:46 AM PDT I've turned my attention to trying to flip on car boot sales (British flea markets), but I'm not sure what area to target. Which areas would overturn the biggest profits in general? Books? Electrical equipment? I'm open to suggestions :) [link] [comments]  |
| How do I turn my website/blog into a business? Posted: 09 May 2018 11:28 AM PDT I have a website/blog targeted towards women interested in pursuing a career in STEM, but when it comes to turning it into a business I haven't the faintest clue. I plan on adding free e-courses, interviews and podcasts, but how could I turn my website into something profitable? [link] [comments]  |
| Posted: 09 May 2018 11:27 AM PDT Hi there, entrepreneurs of reddit! I'm a 16y/o app developer and I've just launched wordagram, my anagram based word puzzle game. It's been really exciting to learn about marketing a product, advertising and creating a brand, but I still have a lot to learn! If you have any advice you'd have given your 16 year old self, I'd love to hear it, as well as any advice you might have on my app or website if you care to check it out. I'm also open to answer any questions you might have about the app making process for an everyday person. [link] [comments]  |
| Food packaging for school project help Posted: 09 May 2018 10:50 AM PDT Hey guys, I'm a student in college working on one of my advertising campaign for a marshmallow. One of things we're interested in is repackaging the item because the packaging is god awful. We have redesigned a logo and everything but we're curious as to where I can take this to get printed on like a regular marshmallow plastic packaging. If I get it printed, what's the best way to put the marshmallows inside the bag, and repackage it. It doesn't have to look perfect, just enough to show the client. [link] [comments]  |
| Why do people hate and actively try to stop people starting their own business? Posted: 09 May 2018 10:34 AM PDT Ok so context I have a small business it's tiny very few sales and it's a side project that maybe will grow into something and I'm trying my best to do that but it seems every time and everything I do is highly opposed by people. For example if you post a something on Reddit it's instantly negative karma. If you post in a forum it's seen as shameless promotion. If you message friends on Facebook it's ignored. If you contact influencers and marketers about starting a business arrangement they don't even respond. I'm not a massive prick and don't open with "ok dickhead do this for me" more like "Hi I saw your bla bla, I really like (insert something they do that's cool) I would like to ..." But nothing. I get that 90% of the time I'll get shot down but 100% seems rather excessive. I get the impression people genuinely want me to fail. I'm not going to let them but what is this mentality? I'd be so proud to have friends try and make something of themselves! The part that annoys more, quite possibly the most, is others are happy to encourage people to buy from huge corporations but never the smaller businesses? Am I going mental? Halp. Any ideas? [link] [comments]  |
| Need a mentor - how do i go about this? Posted: 09 May 2018 04:13 AM PDT We all read that having mentors is a great way to help your business on its way to success. I really like the accountability that having one would provide and feel it would be very beneficial for our fledgling business. Obviously our budget is low as we are start up but wondering how you found your mentors? Can anyone out here recommend one to us? [link] [comments]  |
| How do I sell my utility patent? Help! Posted: 09 May 2018 09:09 AM PDT |
| Any CPA affiliates looking to try new offers? Just looking for other affiliates to work with Posted: 09 May 2018 08:53 AM PDT I've mostly focused on adult content, I dabbled in ringtones and other surveys about 10 years ago. Any other affiliates maybe in a rut like I am and wanna exchange ideas and help each other out? I work with a very reliable (as far as payments) adult content affiliate network. I'm really just looking to work with people who are hungry, have some experience with affiliate networks and bringing traffic, and who maybe don't have great offers they're hitting up at the moment. Message if you'd like to discuss further. [link] [comments]  |
| Which provider to use for selling your buisness? Posted: 09 May 2018 08:42 AM PDT I want to open up buisness making designs (logos, cards, shirts etc.) what kind of proivder i should use to make website for cheapest price and would be easy to make, I would need simple information in there, pictures, my own domain name and probably a mail? Is weebly thing I want or what can you recommend? [link] [comments]  |
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