Entrepreneurs who work full time and still run a business that IS NOT online, what do you do? Entrepreneur |
- Entrepreneurs who work full time and still run a business that IS NOT online, what do you do?
- The Top 10 Habits That Awesome Closers Have
- Agency owners, how did you find your first client and how did you pitch them?
- Entrepreneurs Skill Trade - Is There Such a Thing?
- How many of you own a construction/trades related business?
- Hello Entrepreneurs, I am software engineer. I get lot of ideas but even before implementing I am getting distracted.When I get to know similar product is available already I am loosing interest. How you people cope with such situation?
- Email Marketing people - what service do you use?
- I have an advanced degree in technical writing. What are some business startup ideas that my skill set could be useful to generate?
- How do you manage a company with 100+ clients?
- Any benefit to setting up "parent" LLC in different state?
- Which degree do you think is more useful if one wants to be an entrepreneur: software engineering or accounting?
- Can you resell another persons item?
- Beta testers wanted
- The Eurovision (Europe biggest singing competition) will be hosted in my city next year, how can I profit from that?
- Should you do business with friends?
- Any benefit from doing a free seminar on an off-topic subject?
- Great books, podcasts, yt channels or articles to understand revenue model generation?
- Business name and growth (UK)
- Dealing with mass production
- How to scale a design business ? - brass metal products
- Help? Looking for connections for FedEx, DHL, USPS, or UPS Executives.
- What do you think about network marketing?
- Looking for a good book about how to start amazon bussines
- Need help for my buisness and Barbra Corcoran
| Entrepreneurs who work full time and still run a business that IS NOT online, what do you do? Posted: 01 Dec 2018 06:52 AM PST Curious to know what people are doing and what they've done to make things work. I quit my 8am - 6pm job to take a 30 hour a week early morning job so I'd have more time to do my own thing and it's worked quite well for me. I'm currently on contract with a local university / teaching hospital and they're offering me full time work if I want it, but I really like my current 6am - 12pm relaxed work week as I'm only obligated to be on site for 4-6 hours a day as long as they can reach me on my cell phone at any time. I'm currently using money I got from selling my pressure washing company to fund a energy management company I've been working on starting but theres no way I could run a company like that and work 40-50 hours a week full time and have any amount of free time. Along with this I already have close to 10k spent on equipment and certifications. If I had a good idea I'd think about taking the job and dropping my current plans in favor of something more laid back, I'm not in business to get insanely rich. My goal has been and always will be to earn six figures a year with a semi relaxed life style and I've been achieving that goal for the past 3 years with a relatively good work life balance. If I took the full time job with the University I'd need to make 20k-25k extra a year to reach my goal. The other option is to leave my current job and work for myself full time although that may mean taking a overall pay cut over the next 2-3 years as I get established and I'd also lose that "guaranteed" income. Lets hear what other people have done, or what they're trying to do. [link] [comments]  |
| The Top 10 Habits That Awesome Closers Have Posted: 01 Dec 2018 07:19 AM PST When it comes to sales, most people think about closings more than anything else. This should not be any surprise because a closing is very noticeable in the sales process. If you have ever purchased a product at a store, then you have been involved in a closing before. Of course, no one likes to make prospecting calls or discovery calls. But aggressive sales tactics are often encouraged, especially in mainstream Hollywood films. Just look at films like Glengarry Glen Ross, Boiler Room or The Wolf of Wall Street to see examples of tough salespeople. To do closing in real life, you need to have a great deal of patience and strategy. If you want to close successfully, you will need at least some or all of the habits listed below. These habits will surely help you attract new customers.
1) Understand that closings begin when the sales begin.Successful closers know that more than one closing will occur in the sales process. When you start a conversation with a potential customer, you are trying to close. If you understand their plans, difficulties, and objectives, then you will be able to make your products or services attractive to the prospective customer. 2) Understand that closings go two ways.After the first phone call is made, a successful closer will learn information that will help them decide if they should devote more time to working a potential customer. Successful closers do not just give the prospect a bunch of different information to absorb and hope that a deal is made from it. When implementation and price are finally discussed, successful closers will have already gathered all the information necessary to give the prospective buyer a convincing product recommendation. This is a product that will benefit them in some way. 3) Establish true urgencyIf you reliably succeed as a salesperson, you will not strike a deal by depending on a promised discount to the buyer. You can't let the price become the main reason that a prospect decides to purchase right away. To strike a deal properly, you need to present the prospect with an amazing opportunity or authentic issue that concerns your product. If your prospect can see that it is better for them to purchase sooner rather than later, then you both can negotiate the terms to make them fair for everyone. 4) Each step gets bought into prior to advancing to a new stepSuccessful closers don't assume anything. The sales process has many steps and good closers will go through each one carefully. They want to ensure that they're on the same page as the prospect prior to advancing the discussion. By doing this, the closer's final effort of requesting their business will likely be positive in the end. 5) Figure out the decision standards of potential customers as early as possibleSurprises in sales are not usually good. This means there was inadequate due diligence. Successful closers should know what potential customers are evaluating at the earliest possible time. That way, during the sales process, closers can give these areas some more value. If you think you've reached the conclusion of the sales process but then find out your buyer still has concerns, then you must learn to improve your due diligence. 6) Figure out the buying process of potential customersAre the prospects going to conduct a legal review process which will increase the time of the sales process by about 2 weeks? Will a particular number of vendors need to be evaluated by your potential buyer? Which other requirements will you need to give your input on? Successful closers should learn all the steps of the buying process as early as they can. That way, they can prepare for it properly and ensure that the deal moves forward without a hitch. 7) Prior to negotiations, every stakeholder gets brought in.It is a horrible feeling to believe that a deal is going to be made but to then find out that a stakeholder is raising objections out of the blue. This could be a stakeholder that you never knew before. Regardless, you will need to address their concerns before the deal can be finalized. If you want to prevent stakeholders from raising their objections at the negotiation table, you need to consider all the stakeholders involved after each sales conversation that you make. This doesn't mean all the executives and stakeholders should be brought into the first meeting. However, they must be kept informed throughout the sales process. This will ensure that you don't need to deal with objections at the very last minute of the process. 8) Understand the right time to request businessIf you have satisfied all the requests of your potential buyers, there comes a point where you must finally ask them if they're ready to make a deal. 9) The bottom line is knownPotential buyers will always want to get a bargain on a product wherever they can. Meanwhile, sales representatives will be hesitant to give discounts on their products. This means that the two parties will come halfway and agree on a price that is around the middle of what they both want. But once the sales quarter or month is about to conclude, sales representatives are usually under pressure to satisfy their sales quota. This motivates them to make any deals that they can. The problem here is that the salesperson will give the buyer too much because they are so eager to strike a deal. This will make it unbeneficial to the salesperson and their company. If the buyer wants a huge discount or has terms which are unrealistic, then a salesperson needs to be able to walk away and not feel tempted to give in. Successful closers understand that more than one closing takes place. Whenever you talk with a prospective buyer, you should request a small close of some kind. This could be as simple as asking to talk with them again on the phone or at an in-person meeting. Closings should always be on your mind throughout each step of the sales process. Practical tip: To lose a potential client can be critical for sales rep, so never forget to follow up your leads with new deals and offers. The success is in automation of the processes. Closer makes follow up messages look like it has been sent by human. Also you are able to set up a reminder on when you want any lead to be followed up. Do not think of closings as some one-time finale. You perform closings repeatedly throughout the sales process. They are strategies which you implement into every conversation with prospects. As you continue using these selling strategies, it will become easier and more natural for you to close. [link] [comments]  |
| Agency owners, how did you find your first client and how did you pitch them? Posted: 30 Nov 2018 09:02 PM PST |
| Entrepreneurs Skill Trade - Is There Such a Thing? Posted: 01 Dec 2018 02:30 AM PST So I'm a tech guy starting my own business. My website is live and I have some revenue but I'm at a point where I could use some skills I don't have such as design, copywriting, SEO etc. I'm trying to learn them but it takes time and some specific talent. I was thinking why not code for someone who has these skills and would help me in return. I could instead get some freelance work and use that money but would prefer a continues relationship with some one who's also an entrepreneur and understands my needs and no middle man to take a cut. Is there such a platform? [link] [comments]  |
| How many of you own a construction/trades related business? Posted: 01 Dec 2018 11:46 AM PST I've recently taken a plunge into the trades space and interested in how others started and grew their construction/trades business. [link] [comments]  |
| Posted: 01 Dec 2018 02:36 AM PST |
| Email Marketing people - what service do you use? Posted: 01 Dec 2018 01:45 PM PST New "Startup" here - I'm in my testing phase and getting garbage open rates (2-5%) with a targeted list. I think I'm ending up in spam (not user reported but automatically filtered), and I think i can do better with a different service. To the people sending large amounts of marketing email, who do you use? [link] [comments]  |
| Posted: 01 Dec 2018 01:42 PM PST In short, while I'm great at technical editing, I really don't want to be a technical writer. I own my own company already, doing event coordination, hardware setups, etc., and I teach at the local college on the side, so aside from creating contracts, handling all professional communications, grading papers, and so forth, I don't use my skill set. I've come to a plateau: I don't feel like I'm growing any more, and I'm not. I've made enough money these last few years to sustain my life. I'm just having trouble thinking of how to use my degree in a modern, entrepreneurial sense, and how I might be able to grow with it. Thank you for reading! [link] [comments]  |
| How do you manage a company with 100+ clients? Posted: 01 Dec 2018 09:17 AM PST I'm trying to figure out to scale an agency. I've heard both sides some say only have a small number of high ticket clients or have a lot of clients. Say I do go with option two, how the hell do I manage 100+ people? I know there are businesses out there that are doing this and they're successful. I'm just not sure which one is the right choice or even better. [link] [comments]  |
| Any benefit to setting up "parent" LLC in different state? Posted: 01 Dec 2018 04:06 AM PST My wife and I have 4 LLCs. We expect 2 will bring in much more money in 2019, so we are restructuring them. I plan to make them subsidiaries of a new LLC, just to make bookkeeping easier. All 4 businesses are online. Right now all 4 LLCs "do business" in our home state. So here's my question. If I create the parent LLC in a different state, then could I put the subsidiary LLCs in the same state, without them being treated as foreign LLCs? In other words, would the subsidiary LLCs be "doing business" in whatever state the parent LLC is in? Or would they all be treated as foreign since the parent LLC would be foreign? Hopefully that makes sense. I haven't been able to find an answer online. Oh, and I'm not doing this for tax breaks. I understand I have to pay taxes either way. I just like the idea of putting the 4 subsidiaries in a state that is cheaper to file in, more business friendly, etc. [link] [comments]  |
| Posted: 01 Dec 2018 11:21 AM PST Both degrees lend to some ability to start their own companies, but I was wondering if anyone on his sub had either of these backgrounds or wished they had switched from one to the other. I'm at a crossroads between deciding between these two skill sets and would definitely like to hear any insight on this sub. Thanks for your time. [link] [comments]  |
| Can you resell another persons item? Posted: 01 Dec 2018 09:37 AM PST If I bought like...a thing of old spice deodorant. Could I then go door to door and try to sell it for a slightly higher price just myself? What if the old spice deodorant had the logo clearly on it still, like I didn't try to cover it up or something. Is that legal? What if I modified their product and then took the logo off and put my own on it? [link] [comments]  |
| Posted: 01 Dec 2018 12:42 PM PST We just added some more services at http://www.nogtrend.com . Beta testers wanted. message us here https://m.me/nogtrendassistants for more info [link] [comments]  |
| Posted: 01 Dec 2018 12:17 PM PST If you don't know, the Eurovision is the biggest singing competition in Europe, hosted every year in a different country (the winning country from last time). Next May, it will be hosted in the city right next to me, Tel Aviv, Israel. I'm currently trying to think what would be a good way to profit from this situation (a lot of young tourists staying for 3-5 days), besides the simple obvious ways (sell candies outside). anybody was in a similar situation? care to share some ideas? Thank you! [link] [comments]  |
| Should you do business with friends? Posted: 30 Nov 2018 03:12 PM PST This may be a bit of an obvious one, but is it a good idea to start a business with a friend? I find that friends are overfamiliar and expect to get more out of you then they would a stranger, without actually putting the work in. [link] [comments]  |
| Any benefit from doing a free seminar on an off-topic subject? Posted: 01 Dec 2018 07:12 AM PST My wife and I moved to Florida this past summer for her job. I own a tourism business back in Ohio (hired help and run it from here) and take care of our son. I do have some side work here (Commercial and Family photography and Loan Signing). I am also launching a podcast that is completely unrelated (and more of a fun project). Anyhow, I've seen a good number of people in community facebook groups in my area ask questions about the SAT and College Admissions. I worked for about 6 years working for a big test prep company both in management/training and as a teacher/tutor. As a way to connect with my new community, I've engaged conversations regarding this topic and have even done some consultations. We're getting closer to the time of year when Juniors and even sophomores will be paying more attention to the SAT and College Applications. I'm seeing more posts, questions, and conversations (as well as misinformation) in community forums. It seems like there could be an event, even something simple at a library or perhaps in a FB Live type environment to discuss these topics all at once. I've done these hundreds of times and have power points, talking points, etc. The problem is that I'm not sure if it's really worth it. I no longer do private tutoring (and have no interest in starting back up) and can't imagine charging for an informational session like this. In the industry, we would do these free events to get marketing leads. I could do the same, but don't see how these leads would help me. A stretch would be maybe marketing senior portraits or family photos. The benefits would be 1) helping people who are looking for information 2) connecting with more people in the area. Would it be worth doing something like this? I'm only driven to do something like this because people are asking questions that I know the answers to. Outside of a good feeling, is there any other value that I'm missing? [link] [comments]  |
| Great books, podcasts, yt channels or articles to understand revenue model generation? Posted: 01 Dec 2018 06:43 AM PST Hi, I run an online platform that provides career profiles, skill database and present job market scenario specifically catered for my geographical location. We have received very positive feedback about it since we started, and got multiple and international grants and awards to develop it further. The platform is still a magazine style content site that we are revamping to launch few services that can generate revenue. But thanks to Facebook's aggressive free usage here, less than 20% of my user market is using my site or proper internet. For them internet is limited to fb. Our fintech do not allow many scopes for online payment. So we are still thinking how can we receive money easily if we are able to sell something. Lastly we know the broad problem we are trying to solve but we are missing small transferable solutions that we can sell. I am now looking at international examples of such cases to learn something. There must be some general guidelines to decide what can you sell and how you find out what people is ready to pay for. Please suggest any books podcasts, yt channels or case studies that focuses on monetization of a service. [link] [comments]  |
| Posted: 01 Dec 2018 04:50 AM PST Hi all, So i'm attempting to start a business in science tutoring in an area with multiple secondary schools and colleges. I started off adapting a Brand name i had whilst i was a contract tutor, frankly it's a mouthful and just not good so i am rebranding. Issue one: Issue 2: This is basically the only real skill i have, and i am a stay at home Dad so i need this to work. [link] [comments]  |
| Posted: 30 Nov 2018 06:54 PM PST Hello Reddit. Say I have an idea for a product, and it sells. I think many people would want it. How do I start in mass production? Is this where investors come in? Should I have to design every part of it? [link] [comments]  |
| How to scale a design business ? - brass metal products Posted: 01 Dec 2018 03:14 AM PST Someone I know is an ace designer who loves designing brass metal products. http://www.thedesignfoundry.in/ But he is a solo designer only. He works with vendors who make the brass / cast the brass, goes to client locations and interfaces with the clients and then makes bespoke metal designs. This person is handling everything - Purchase Orders, invoices, sales interfacing, designing, talking to vendors and making them do the work that the customer wants, and then finally doing the interfacing with the installation people who then install the designs at the client locations. This stuff is done on the person's personal iPad / iphone / Macbook. What would be good, as a first step, to scale up:
I'm thinking Google calendar and docs at first - this can be helpful. This needs to be used more often - to coordinate the delivery of the product and the picking up of sub components from the vendors.
Thank you for your advice. [link] [comments]  |
| Help? Looking for connections for FedEx, DHL, USPS, or UPS Executives. Posted: 01 Dec 2018 08:51 AM PST So I had an idea on how to help shipping companies generate an extra couple million dollars a year. It also will help improve the outdated tracking system to a more updated system that allows buyers to truly see how far and where their package is at. I am looking for connections to get this idea to any of these companies. Anything will help! Thanks! [link] [comments]  |
| What do you think about network marketing? Posted: 30 Nov 2018 03:26 PM PST I know there have been threads about this in the past. I'm reading a book by Robert Kiyosaki titled "The Business of the 21st Century" and it's about network marketing. I was given this book by my mentor (who has a lot of credibility). Reading through it obviously sounds like an MLM and as I've googled a lot of others think so as well. So maybe it won't make me very much money, that's not really what I'm after. The book talks a lot about how network marketing is great for improving a whole bunch of skills and grows you as a person. That's pretty much all I'm interested in. So purely from the perspective of improving upon your skills, what do you think about network marketing? [link] [comments]  |
| Looking for a good book about how to start amazon bussines Posted: 01 Dec 2018 05:59 AM PST Hi, as the title says, Im looking for a book, as a jumppoint on how to sell on amazon. Best book available please. Many thanks [link] [comments]  |
| Need help for my buisness and Barbra Corcoran Posted: 01 Dec 2018 10:47 AM PST i've been thinking about starting a company called "ClothesForTheNeed" were all the money from the clothes i sell go to charity. were should i go to begin this [link] [comments]  |
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