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    Thursday, August 2, 2018

    Thank you Thursday! - (August 02, 2018) Entrepreneur

    Thank you Thursday! - (August 02, 2018) Entrepreneur


    Thank you Thursday! - (August 02, 2018)

    Posted: 02 Aug 2018 06:06 AM PDT

    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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    If you had $500k, would you start a business or just go for "passive income"?

    Posted: 02 Aug 2018 02:00 AM PDT

    what drives you to take the risk instead of investing in stocks/real estate?

    submitted by /u/michaelschoe
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    Copywriting tips for each of your marketing channels

    Posted: 02 Aug 2018 07:37 AM PDT

    The nuances of writing for specific marketing channels can be tricky to learn. If you're unsure how to structure your copy for different formats, you're not alone.

    In any event, this guide will give you some handy tips that you can use to create great copy across a variety of channels.

    Writing social media copy

    The quickest way to write great social media copy is to understand the purpose of each respective network, then tailor your copy accordingly. For instance:

    • Facebook - Geared towards news and entertainment and sends more referral traffic than all other networks.
    • Instagram - Great for images and small videos, but poor at driving web traffic.
    • Twitter - News and content curation platform.
    • LinkedIn - Professional network which is used to share industry articles and content.

    Writing great blog copy

    A blog is the place where you will build a relationship with your audience and a great way to do that is by writing in a down to earth and relatable way. Your audience want to feel like you're a human being and not a cold and soulless corporate entity, so let that come across in your writing.

    Write your blog posts the way you'd write a letter to a friend (albeit with impeccable grammar and punctuation) and you'll create the human vibe you need.

    Also, remember to spike your readers' emotions too. Don't be afraid to tell deep and engaging stories that take them along a journey as they learn whatever it is that you want to teach them.

    Writing copy for emails

    The first thing to do is write a compelling title that intrigues the viewer and is backed up by equally intriguing preview text.

    When it comes to the body of your email, make sure it follows a logical structure and has short paragraphs that each contain one main idea.

    Also; make sure you use bullet points and subtitles wherever possible as they will make sure that people are able to easily read and digest the information you're trying to give them.

    Also, don't do tacky things like CAPITALS in your copy to get attention as it'll just seem spammy.

    Writing web copy

    Everybody knows that people have short attention spans online, but nobody remembers to factor this into their web copy. Loosely put, you need to make sure your sentences and paragraphs are short and convey their necessary messages quickly and easily.

    It's also best to ditch any pompous language too. So that means using 'show' instead of 'indicate' or 'went towards' instead of 'advanced in the general direction of'.

    Writing product descriptions

    Your product description wants to address the needs of your target audience. You want to speak directly to that person and use the words that they use in order to help them form an emotional attachment to the product you're selling.

    Do they like humour, and if so, what type? What sort of language do they like to use and what sort of language do they hate to see? What are the main problems they're facing right now and how can you help them to solve them?

    It's also important to include every single detail they want to know about a product. This will help your web page be picked up in more long-tail Google searches, and ensures the customer is more sure about the type of product that is being delivered.

    Product description copy is vastly underrated by so many retail website owners. In many cases, it's these words that clinch the sale.

    Here are some more tips on how to use the word that make people click 'buy'

    There you have it. Some quick, easy and actionable tips that you can implement to greatly improve your online copywriting.

    Feel free to DM me if you'd like me to take a look at your copy and give you some insights. Always happy to help.

    submitted by /u/EvaMD1
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    I used to think that you need to have an amazing idea to become a successful entrepreneur, but I had it all wrong

    Posted: 01 Aug 2018 06:27 PM PDT

    Truly great ideas come along a few times in a lifetime, and some people certainly get lucky and come up with great business ideas early on in their lives. But if you wait for the perfect idea to strike, you risk never starting anything at all.

    Gary Vaynerchuk said in his first book, Crush It, that you're crazy to expect big results and tons of money just by doing something for a few months, or even a year. He spent years putting out content on Wine Library TV and adding value to the community before it took off.

    This week I had a chance to meet the founder of Big Ass Fans, Carey Smith, who sold his industrial fan company last December for $500 Million.

    I learned so much from him, but the thing that stands out is that he never waited for inspiration to get started. Carey was a guy whose success was anything but overnight.

    He was an entrepreneur before he even knew what the word meant. Unhappy at his insurance job, he kept trying side businesses on nights in weekends, like a janitorial business and company that made lamps, but nothing really worked. When he was 28 he sold most of his possessions to start a roof cooling business.

    This business wasn't a very profitable one, as even with $1.5 million in revenue, they're costs were so high that he was the guy doing installations, engineering, sales and everything in between. But since he had nothing else, he ran this business for 12 years.

    But he kept his eyes open, and one day stumbled across an ad for huge industrial fans.

    By that time, he knew exactly how to turn it into a big business because he had all the previous experience selling other products that weren't as good, and developed a big network of customers. He then spent 18 years turning it into a business with 1,000 employees.

    For every overnight success story we read about on the news, there are thousands of stories that we don't hear about because the founder took years to get to the right business at the right time, and even more years building the business up. And that doesn't make for a great headline.

    Carey Smith's story, which I recorded in a podcast, is a great reminder that you shouldn't sit around waiting to start something. The more you work on new ideas, the more likely you are to come across something great.

    submitted by /u/sergesaurus
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    What cool business ideas are successful in your country?

    Posted: 02 Aug 2018 01:12 AM PDT

    Over here we've got a service that picks up your laundry at all hours and will wash, dry, fold and have it back to you the next day. All for around $7.

    What's going on in your town/city/country that's innovative?

    submitted by /u/boredandpoor
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    I will pay you to come up with a company name.

    Posted: 02 Aug 2018 09:17 AM PDT

    Hey guys,

    I am trying to find a short name that has a domain available for a cybersecurity company, and am having no luck. All the easy ones (tripwire, landmine, warden) seem to be taken. I will pay $40 to the person whose name I end up using.

    submitted by /u/jacobreed222
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    Meticulous errors & mistakes that SUCK

    Posted: 02 Aug 2018 02:25 PM PDT

    So.... we've just made one of our first relatively big mistake as a company. Our new employee, tasked with purchasing 30,000 data validations from a company we use to create email lists.. had accidentally added a 0 on there.

    In short, we're spending about 7x more on data this month than we need to for our client's outbound lead generation campaigns. :)

    If any of you nice people need b2b data lists, we'll have quite an overflow in a few days, lol.

    Watch out for small mistakes/oversights my friends.

    submitted by /u/DaytaMon
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    12 Great Ways of Defining Your Ideal Client

    Posted: 02 Aug 2018 02:23 PM PDT

    How Long Does it Take to Succeed?

    Posted: 02 Aug 2018 02:20 PM PDT

    Since a teenager, one of the biggest things I worried about was how long it'd take to financially succeed. I saw people who had a lot of money online and I always wondered how long it'd take me to get there. I originally told myself that I wanted to be a pharmacist because my cousin was earning 100k+/year right out of college. If it wasn't that, I figured I could be a dentist and make $200k+/yr by my thirties.

    In 2014, I talked to my cousin about what it was like to be a pharmacist. He said that it was the same thing everyday and overall he didn't seem to recommend it. This scared me because my only other "option" was becoming a dentist, or so I thought.

    During one of my dentist appointments, I asked my dentist if he could tell me about the business. He told me he went to school for 12 years and showed me some of the equipment they work with. I knew he made pretty good money, but the idea of being in university for 12 years (or 8 if you don't specialize) was quite scary to me. He also said he worked as an employee for a number of years before he started his own firm. He described how he built up his client base which sounded the same as any normal business. I began asking myself why I would ever go to school for that long when I could start a normal business and make the same amount as him or even more. I also didn't want to get in debt (which he said took years to pay off).

    In my junior year of high school I joined a leadership program. One day they took us to a hospital and we got to learn from the doctors about their careers. One of the workers in residency said she went to Brown University and collected $200,000+ worth of student debt. She was a 28 year old that had pulled up in an old Toyota Corolla. I knew that was not the car I wanted to drive when I was 28 regardless of whether or not I was eventually going to make a supposed "fortune" from this industry. She told us that her only job during this "in the field" residency was doing paperwork for the hospital. It sounded like they looked at her as nothing more than an intern to take advantage of. I felt bad for her as I could tell from the tone of her voice that she wasn't sure she had made the right choice.

    After these events, I decided I wasn't going to become a dentist, pharmacist, or even go to college. Beyond that, the seed of dropping out of high school was planted in my mind. My dream was to go big, and I wasn't going to go home.

    I did not become as financially successful as I hoped I would within the timeframe I'd expected. Yes, I did become a millionaire at 19 but I was trying to do that by the age of 18. In 2015, Appsitude only had 70k revenue and around 50k profit. At the end of the year I was disappointed in myself for not having made more money (although it didn't take a lot of work).

    I turned this disappointment into motivation to do better in 2016. Thankfully I ended up making 356k in revenue with around 200k in profit by the end of that year. I was happier but still upset that I hadn't reached my goal.

    I've found that success will not usually happen within the original timeframe you hope for, but it will definitely happen faster than you think. In 2017, my life began to change for the better over and over on different days (in the two previous years it did as well, but even more in 2017). All of a sudden I began to feel the light at the end of the tunnel.

    In the pursuit of success, it's good to stay motivated and continue pushing, but do not get mad at yourself if you don't reach a certain point as quickly as you'd hoped for. Don't compare yourself to me or anyone else because each of us had different circumstances. It doesn't matter if you came from wealth or not, true success is completely independent of that. There are many broke people with a lot of money.

    At the end of the day, you must remember that you cannot wait for future possible events to determine your success. You must create your success today. Today, my great friend was telling me that he wanted to wait on submitting a press release until he got a certain contract. I told him that he should do it now instead of later because the contract isn't for certain, but that the journalists receiving and posting the press release is a guarantee (yes I know in certain cases you don't know if the journalists will post your press release, but in this specific case it is certain). I also mentioned that posting the press release will put more pressure on his potential client because the article will make the client realize he may lose his chance to work with my friend due to the soon-to-come influx of other potential customers.

    It's always best to do something now than later. The only thing between us and success is time, and the only thing holding us back is our fear of success. I had many moments where I waited on posting something online because I knew it'd had massive results and I felt I wouldn't be ready to handle what came next. The thing is, life always prepares you for the next steps even when it looks like it won't to either you or those around you. When you have this in mind, you become unstoppable because you will realize that life is always taking you into the right direction.

    It took me from December 2014 till May 2017 to become a millionaire. That's around 2.5 years of working toward my goal. I did do things for money before then so you could say my journey originally began in May 2013, but I didn't seriously get into business until the end of 2014. Yes, I did lose most of that money from my ex-business partner stealing it, but I didn't care (besides the friendship lost) because I knew I can, and will earn far more than what I "lost."

    I feel that true success is the ability to realize that you could lose all of your material things today and not blink because you know you can just as easily earn it again. Once you've attained this feeling (it's not just a belief), you'll notice that everything you want to happen begins to happen. With that being said, I believe that I did not truly become successful until my fiance came into my life after the summer of 2017.

    submitted by /u/theycallmecpk
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    Instagram question

    Posted: 02 Aug 2018 02:10 PM PDT

    Hey guys I know this might be the wrong place to post this but I am not sure about the instagram sub becuase I beleive this is against their tos or something, but I want to try and grow an account from 0-10k with those bots that follow and unfollow like 250-500 accounts a day, if I use a totally different email and what not will it ban my other business accounts? or if it does get banned only that one does

    submitted by /u/macadelic98
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    Looking to start a business in the adult industry but have no connections, advice?

    Posted: 02 Aug 2018 02:02 PM PDT

    As the title says I'm looking to start a business in the adult industry, I have the experience and connections to make it successful and know the business will be profitable from day one, but dont have the existing adult industry connections (of any kind) to get it started, what should I do? or even anyone here involved in the adult industry?

    submitted by /u/NoRoyal
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    Looking for advice on aquiring customers.

    Posted: 02 Aug 2018 01:54 PM PDT

    Hey guys, so I started a power washing business last year and need help with getting clients. My company is Niagara pressure washing and here is my site and social media so you have any info that can possibly help me.

    Niagarawashing.com

    Facebook.com/niagaraPW

    I've done a number of things to try to get customers.

    Facebook

    Google

    Thumbtack

    Yard signs

    Fliers

    Is there anything you guys can suggest to help with my customer aquisition?

    submitted by /u/ruinyourjokes
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    The Art of Entrepreneurship

    Posted: 02 Aug 2018 01:42 PM PDT

    To me, being an entrepreneur is like MacGyvre, an 80s action TV show where the main character would always use the things around him to escape from his enemies. He's the type of character that would turn a dildo into a grenade launcher to blow a hole out of the prison wall, then use the bricks as body armor to protect himself from the onslaught of 100+ police officers shooting at him and actually survive.

    The art of entrepreneurship is the ability to use the limited resources around you to build something greater than you could've ever imagined. Whether it's leveraging Facebook, Reddit, or Youtube, if you provide something of true value, your business will speak for itself.

    In this article, I specifically want to discuss how to start with no money andstill manage to build wealth in the right way. This formula will allow you to earn the money you've always wanted to earn and use it to fulfill your greatest dreams and beyond. I will explain my points by using my personal experiences. By the way, I'm never going to sell a book (I'll only give them away for free).

    Phase I: Starting Out with $0

    When I dropped out of high school, I had $10,000 saved up (it was entirely money I made myself) from some methods that, while they didn't really harm anyone, were not completely legitimate. Now, the goal of this article is to focus on building legitimate businesses, therefore I will save the experiences I did to earn this initial $10,000 for another post.

    With that being said, I didn't spend any of my savings to start my first legitimate business, Appsitude. I was afraid to invest any significant amount of money in any business idea because I was worried the $10,000 I saved up would disappear quickly. As the story goes, I dropped out of high school in December 2014 and posted craigslist ads offering app development services (with no knowledge of how to code).

    Within 2 weeks of posting my first ad I'd gotten my first client for $16,500, with $7,500 paid upfront. I used some of this initial $7,500 to pay for developers in India and a designer. They completed the project and within three months I had around $100,000 worth of contracts (that were paid out over the course of the year and early 2016).

    When you start any business idea, I highly recommend you do something that costs very little to start. If you can make it succeed organically on its own (without paying money for ads, etc.), then you have a great potential business. Now when I say don't spend any money, if you feel the need to have a website landing page or the sorts, it's okay to spend that $50 (or more) to get it going. I'm not saying refrain from spending any money. My only point is that you should spend as little as possible to validate the concept.

    My point is that you should test the idea by offering the service/product to others as if it's already been made to test their reactions. A friend of mine told me that he "pretended" to have a painting company and ended up getting £300 painting gig for 2 hours of work. This is a great example of a test on a small scale.

    Now imagine that my friend began marketing his services on Craigslist and other relevant sites. He could then start getting more gigs and begin contracting them out to other painters while making a nice margin (without doing the painting himself). This is the exact model I had for Appsitude.

    I started an app development company because it was a validated market where I knew I could get contracts that were almost risk-free for me (since I only had to spend money if I earned money).

    I didn't want to build my own app and try to make it viral because I knew that it'd be expensive (relative to the $10,000 I had saved up) and very difficult to do since I felt that it wasn't my path. If you have a lot of money saved up, it does not mean you should spend a lot of money just to get a business going. I've found that the most successful businesses are the ones that originally started with minimum capital.

    For example, you may look at certain video game companies announcing their skyrocketing sales and all of a sudden everyone assumes it means the company is doing well. At the end of the day, profit is the only thing that matters (if you want to make it succeed). It doesn't matter if you sold $50m copies of your video game if you spent $65m to build it. Another example is of the many startups that have raised ridiculous sums of money (which often lie about how much they raised) and focus on gaining users rather than profit. At the end of the day, receiving investments in your company is still considered a profit if it means you have earned new money to accomplish what you want.

    Despite what I just said, I do plan to start a video game company at the end of the year and I want to make all of the games completely free (although extremely amazing and high-quality). I will "lose" millions of dollars but I'm willing to make the sacrifice in order to bring amazing fun for everyone and myself. So, as I'm saying, do

    Phase II: Now You Have Money

    Once you've started your first business that has been reasonably profitable, you will likely start thinking of ways to make your business grow larger or pursue other ideas.

    When Appsitude starting making hundreds of thousands of dollars, I began realizing that, while it was a profitable business, I wanted to follow my passion. This turned out to be Cazza, my 3D printing construction startup.

    I used the leftover funds from Appsitude to invest in designing our new technology for Cazza. In March 2017 we'd started really running out of money (since I stopped working on Appsitude at the time) and thankfully we received our first 100k investment.

    Since I'd already made money before starting Cazza, it allowed me to understand the principles I needed to follow for any potential business I wanted to start. I always spent as little as I could on Cazza to maximize our results and not run out of money. As you may know, I ended up losing most of the funding after my ex-business partner stole it, but that isn't a big deal because I always bounce back. The main point of Phase II is that once you have some experience and feel confident enough to invest your hard-earned money into a new idea (that requires money to get it going), you should do so.

    I've heard so many stories of people earning a lot of money in a random field, whether investment banking or something else, and they go invest a lot of their money in a shitty idea. They waste millions of dollars on a business concept that could've been validated for $1,000. You cannot lie to yourself if your business model is not going to work. You must also remember that just because your business hasn't taken off yet, it doesn't mean it never will.

    It is up to you to decide whether or not your business idea will eventually succeed. I launched the first version of Kelsey Coin in January and it had almost no users. Even as of writing this article today, we only have 51 users. The total investment was around $25,000 for building all of the platforms I want, and I still have not yet made a profit. The thing is, I don't care because I know that this business model requires certain things to be achieved before it will take off. Kelsey Coin alone, while amazing, depends on Black Market World and World Home (which gives more places to use Kelsey Coin) in order to gain a larger following. Until these two other platforms are launched, Kelsey Coin will not become the massive success that it will soon become.

    There are also certain industries that are a lot harder to get into than others. Unless you feel really confident in your ability to market music and make money from it, entering the music industry (even as a label) is very difficult. The reason I say this is because it is very possible to do well, but there are far more things you must do in order to make a profit. I look at the music industry as this: the artist will get paid for shows, endorsements, and a cut from the amount of people that listen to the artist's music on places like Spotify. Now, unless you manage to make massively viral videos like 6ix9ine, it will be very hard to make a lot of money in the music industry. 6ix9ine is a 6-figure artist who does well for himself although it can be hard to stay at the top without doing certain things for attention. I have a lot of respect for 6ix9ine and I fully support everything he's said on the news, even if it was for trolling/attention. Why? Because I've done the same.

    Now keep in mind, the other issue with the music industry is that you have to continuously make hit songs that justify people paying you $30,000 for one show. Of course you can leave a legacy where old songs you made 10 years ago bring money in today, but it's not the best way to depend on remaining financially successful. At the same time, the music industry is filled with leeches who want to take a cut of every dollar you make. This is the same as other industries, but in my personal experience, the music and movie industries are quite vicious.

    I'm entering the music industry (and soon film industry) but I'm doing it out of my passion rather than trying to make money. When I say this, of course I'm not saying it's bad to make money from the music industry, I am just specifically saying that I personally don't care to make money from it.

    The thing is, once my music does take off, it will help my other businesses earn more money, so it always positively affects me in other ways even if I don't earn money from Spotify plays or shows. Although, if someone is adamant they want to pay me for a show, I won't say no.

    At the end of the day, you must always face the realities of the business you are in. You should always keep a positive attitude, but don't blind yourself from the truth. One of my friends has a million-dollar revenue "blockchain" company. He knows that the hype of blockchain will soon disappear. Instead of lying to himself that the business will always continue to make the same amount of money it does now, he is already preparing himself for the next stage of his business and other ideas along the way (because he's smart).

    Phase III: The World Is Yours

    Once you have all of the money you could've ever wanted and more, it's time to give back (and even before then it's nice to give back). I never realized how much money can make people happy. In November 2017 I went out with my friends from Canada and we talked to random homeless people in Hollywood. We listened to their stories and gave them help if they needed. It completely changed my life.

    I realized that a lot (not all) of homeless people are more normal than I thought. It gave me a very positive outlook on the world because I realized that very soon we will be able to completely end poverty. When I first began Cazza, I knew we'd be able to reduce construction costs and help build proper housing for everyone in the world. The difference is that I didn't realize how big of an impact it would be until I met the actual people I'd soon be helping.

    There will be a certain stage in your life where you will begin to see beyond money. A lot of broke people like to say that my life is surrounded by money but this is an ignorant statement. They assume that because I've become financially successful, my life only revolves around my net worth. The irony is that I am one of the least materialistic people on the planet and I could lose every material thing to day and not have a care. As I said on another post, I know this to be true because it has already happened to me. I won't go into details of the things I've done for people even after I lost it all, but I know one day they will tell others what occurred. I don't care about having my name as the person who is "oh so generous," I simply want people to know that if I can be generous while on my last dime, so can they.

    At the end of the day we are all humans and we have to work together to continue bringing a beautiful future for the world. There will be a day where people no longer feel the need to screw other people over because they won't feel desperate for money. I believe, this day will come sooner than any of us imagine.

    submitted by /u/theycallmecpk
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    [Help] I saw a thing a while ago about companies sending away "working" OEM computers to places

    Posted: 02 Aug 2018 01:24 PM PDT

    So i saw a while ago on reddit that a guy was making alright money on the side from going to somewhere where companies that run like big offices that use OEM computers they replace after a few years, where did they send them because the guy said some of the places will give away for cheap because they may be "broken" but only a small part and you could salavage things like motherboards and sell them on for profit, im in a town with roughly 80,000 people so not sure if one would be near me, UK

    submitted by /u/QPDFrags
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    Textile business idea / opportunity

    Posted: 02 Aug 2018 12:48 PM PDT

    A friend of a friend owns certain textile production facilities, producing goods for European companies.

    They have tons of scrap goods and essentially free access to the facilities - I see this as an opportunity with some labor costs to produce small goods - bracelets, watch straps things of that nature.

    If you had this opportunity would you use it to try to build out a small brand of leather goods of such products? Would you try to approach an existing brand and work a deal with them?

    submitted by /u/akmalhot
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    Fired From an Awful Job

    Posted: 01 Aug 2018 05:51 PM PDT

    I'm glad this reddit exist. I was just fired from my job today. A Job that really could give a crap about it's employees and sees us all as disposable pawns. A job that fired a woman after she had lost her husband. Another after she had lost her father. Over petty office politics. I knew it was a matter of time before they got to me. Just handed my lunch to the nearest homeless person and just, left.

    I primarily just lurk on a lot of the post to gather as much information as possible to make the best decisions. So it's just awesome to have this reddit thread here.

    I feel like all the abuse year after year, job after job, you have to get to the point where you've said.."I've had it..., you also have to get to the point where you say I can do much better than this".

    It all just goes to show you that only you can fix your problems. And that you have to find out what it is you want and go after it like your life depends on it, and why? Because it does.

    I'm going to spend my newly acquired free time to work on getting another job to pay the bills, while working on my own little online shop. It's been neglected badly because of the previous jobs mandatory overtime requirements. I feel like I really need to grow it like never before now. I'm truly, mentally, physically, emotionally and spiritually tired of the rat race. Tired of having my life be in someone elses hands. I'm tired of seeing people done like complete dog shit. I really want to get to where I can make some kind of difference in this world. For my mom, my parents, sisters, anyone I can help remove grief from.

    Had to get this off my chest, so please excuse me if this thread takes up reddit space.

    I wish you all the best of luck in those chasing their dreams.

    submitted by /u/MattTheCasual
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    How can I make my app idea reality with no coding knowledge?

    Posted: 02 Aug 2018 12:33 PM PDT

    Trick of the trade: how to develop and handle criticism.

    Posted: 02 Aug 2018 12:31 PM PDT

    About once a month, or every couple months I try and create a "free day" where I hop on reddit, and focus on generating discussion around ideas and specific topics on my mind.

    Sharing ideas openly on reddit, usually gets me a lot of negative feedback. mostly because my ideas are stupid, like "one world, one currency". but i share anyways. i take the criticism, respond the best I can to it, and move on.

    at the end of the day, none of it matters. reddit users aren't even close to our demo, and most are too old. so why do it?

    because i learn more, and am not afraid to take criticism to generate feedback.

    never once has someone said "that's a really great idea". and i think that's actually a good thing. all of you striving for more, never be afraid to put yourself out there, put your ideas out there, share them, and evolve them into new, better ideas.

    submitted by /u/menodialogues
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    Do you think it's worth it to live frugally until your old and rich, or do you think it's better to find a balance, when your income allows it, and be less rich later on?

    Posted: 02 Aug 2018 12:21 PM PDT

    First of all, excuse my typo in the title, didn't even check when I posted (you're*). Now, it's one thing to live frugally until you retire if you HAVE to in your job the receive retirement benefits, aka if you're not an entrepreneur or investor. But, when it comes to someone like Grant Cardone, who is 60 and has an estimated net worth of over 300 million USD, the level of "security" as he puts it seem to me he's just hoarding his investments and cash, while spending most of his money to buy more investments. Personally, I couldn't spend that amount in a lifetime, let alone 20-30 years.

    While I do see where he's coming from, and I do know he lives pretty cushy already being "frugal". I'd do the same thing as him with holding his assets until they are of highest value. But, I'd just live at his current cost of living or less, and have all cash that has been compounding in interest, donated before I die. He talks as if he's gonna spend it in the last years of his life. That's an extreme example, but do you think it's worth it to save as much as possible while you're young and can experience things in peek physical performance, to be able to use it freely and have security when you're older, or find the balance between the two? What would that balance be for you?

    submitted by /u/Morganzolko
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    Looking for a Homevisor type of site but for businesses not homeowners. Does this exist?

    Posted: 02 Aug 2018 12:18 PM PDT

    Im just researching an idea right now, and it requires b2b leads. Homevisor would be perfect if its target audience was small/medium businesses.

    I guess anything that generates leads for me, would be helpful. All I know to do is cold call, but I dont see that working too well.

    submitted by /u/tombloomingdale
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    Website Building services? No knowledge of website building.

    Posted: 02 Aug 2018 12:13 PM PDT

    Hey there everyone, starting a business with family and I am stuck on what to do with the website. The business is a Gallup Strengths Builder based coaching business focusing on building other peoples skills through their talents. The question is what is the best service/ builder to use for this? Should I look into making my own from scratch? I'd like it to have capabilities of a user database, its own emails, a blog, and a thing to schedule appointments/consults. Something to be modern and sleak, but not minimalistic.

    Thanks in advance for any advice!

    submitted by /u/Dr_Atom
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    Started my first store yesterday, and paid for multiple ads from Instagram influencers, i've gotten a lot of traffic but no sales. Can someone check out my store and give me feedback?

    Posted: 02 Aug 2018 12:03 PM PDT

    Start-up area too small?

    Posted: 02 Aug 2018 11:54 AM PDT

    Hello! A friend of mine and I were looking into making a business along the lines of home-cleaning & lawn mowing and in the winter, snow shoveling & home-cleaning. We were going to follow the Rohan Gilkes guide and hire someone to do these jobs for us, however there is a problem. Our local area only has a population of around 8000 people, and with another 8000 people 5 kilometres away. Is this too small to run a company with our intentions?

    Really appreciate all the tips you can give, thanks in advance!

    submitted by /u/Faymm
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    Setting up LLC for Medical Practice - Texas - Legal Zoom or Lawyer?

    Posted: 02 Aug 2018 11:52 AM PDT

    My wife is an Optometrist and we are setting up a new practice in TX. Currently we are in PA but moving.

    It seems pretty straight forward to do it myself but for the hell of it I went through the Legal Zoom and with addons came to about $1000.

    If I were to do it myself, it seems to cost $300 to file the LLC with the state and getting an EIN number is straight foward.

    Where I get a little confused is how to establish a Registered Agent and also would the business be a 2 person entity since were married? What happens in divorce or if one of us dies?

    Can anyone provide guindence if I should do myself, see a lawyer or use Legal Zoom?

    Need to get this figured out asap.

    submitted by /u/theflyersrule
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    Best resources to learn?

    Posted: 02 Aug 2018 11:40 AM PDT

    What are the best websites or courses to learn copywriting, SEO, and other skills that I can use as an entrepreneur

    submitted by /u/gianmtp
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    How to reach the big guys?

    Posted: 02 Aug 2018 11:33 AM PDT

    Lets say (big assumption here) I have a good idea. Or maybe just an idea. How would I be able to get a hold of the big name brand companies? Thanks!

    submitted by /u/bowec6
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