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    Sunday, January 6, 2019

    $35K/month selling vintage lights. Entrepreneur

    $35K/month selling vintage lights. Entrepreneur


    $35K/month selling vintage lights.

    Posted: 06 Jan 2019 10:08 AM PST

    Hey - Pat from StarterStory.com here with another interview.

    Today's interview is with Nick Griffiths of Any Old Lights, a brand that sells vintage lighting

    Some stats:

    • Product: Vintage Lighting
    • Revenue/mo: $35,000
    • Started: May 2014
    • Location: Fowey, Cornwall, UK
    • Founders: 2
    • Employees: 3

    Hello! Who are you and what business did you start?

    I'm Nick Griffiths. For 25 years I was a freelance journalist in London; now I run Any Old Lights, selling vintage nautical and industrial lighting, online and from a shop by the sea in Cornwall, UK. You never quite know where life will take you!

    We're always on the hunt for quality lighting that's a little different from the norm. Much of the good stuff is up to 70 years old and supplies are inevitably going to dry up. So we also created our own Revivals brand of lighting. When a light looks like it's disappearing from circulation, we create our own version, with little twists.

    Noticeably cheaper than the originals, these Revivals lights are very popular with both domestic and commercial customers on a budget. We also sell higher-end products like our very own Lighthouse, which I dreamed up one evening during a walk along the cliffs near our home.

    Given Any Old Lights' strong nautical theme, I couldn't resist delving into the maritime antiques and curios market - packed with salted history and stunning designs - so we also source and sell anything from vintage ships' bells to brass engine-order telegraphs. Our vintage ships' clocks are incredibly popular, especially with American customers.

    Any Old Lights has won awards along the way and keeps growing in popularity, selling worldwide to anyone from high-street giants and celebrity bars to Middle Eastern hotel groups, turning over last year £250,000.

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

    I must have written millions of words in my lifetime - for magazines, newspapers and my books - and I loved every minute of it. But kids come along and maybe the city life isn't ideal for them growing up.

    So in Summer 2011, my family moved to Cornwall, a delightful and quirky county that takes up the final chunk bottom-left of the map of England, where my wife, Sinead, had grown up. Now the kids have beaches and boats and crabbing. And I had…

    ...To reboot my entire career.

    I took a course in WordPress web design and started building websites. One was for a fledgling online vintage lighting business, set up by my friend, Patrick. I came up with the name, built the site, and within weeks we had orders coming in. Including one to Hong Kong! We were gobsmacked.

    Patrick asked if I wanted to become a joint director, and in the absence of any better ideas, I said Yes. I knew nothing about lighting (though I have a degree in Electrical Engineering, I could barely wire a plug), less so vintage lighting. I remember when we opened a pop-up shop during our first winter in business, people coming in, discussing vintage lighting brands, and me nodding sagely (blankly), thinking: I'm going to need to learn a lot of stuff.

    And I did. That's the beauty of starting a business - you have to cram knowledge into your aching grey matter, day in, day out. And it's really exciting. So new and different and initially bewildering. But cracking it is a major buzz.

    Patrick left Any Old Lights early in 2016 and I gained a new co-director: my wife!

    These days, I am actually an expert in vintage lighting - a veritable mine of information! Who'd have thought it? Certainly not me.

    Take us through the process of designing, prototyping, and manufacturing your first product.

    Aside from our Revivals versions of vintage lights, cast in metals, we've also been looking to the future. And that future has to involve acrylics (recyclable) and LED.

    That future is RetroFutures, by Any Old Lights.

    These are laser-cut acrylic lights with integrated LED COB (chip-on-board) rings, running off 12V so incredibly economical to run and eco-friendly. Our very first pattern - we call it Cage - was based on the design of a vintage Lemar nautical wall light (from which we'd already removed the wall-arm and added a hook to create a Revivals pendant light).

    You can see the two side-by-side here.

    Our Cage has been through numerous iterations during its year in development. Originally it had a hook, same as the original, and a light bulb, and screws holding it together - all gone. Our designer is a local colleague, and we have a profit-share agreement once we start selling, otherwise, the collective expense would have been beyond us.

    I've had custom parts created, having chanced upon an excellent, trustworthy supplier of electronics in China. (That was a major concern - it seems such a lottery given so many options, and I got lucky.) But we're keen to create the light itself in the UK, and I've been getting quotes for acrylic supplies, laser-cutting, assembly and packaging, such that we're geared for the RetroFutures launch in January 2018.

    For market research, we took a bunch of prototypes to a major London hospitality industry show in October, on the advice of a mentor, where we listened to experts and were deeply heartened by the positive response. Annoyingly, the timing was all wrong for us as we weren't ready to supply, so bar gaining contacts we wasted our money.

    That poor advice aside, we've taken advantage of plenty of free mentoring by local business organisations - funded by the European Union and devastatingly already disappearing thanks to the lunatic Brexit vote - who've advised on all aspects of our task, from design protection to wholesale pricing.

    Putting this project together has cost us thousands - we'll crowdfund our first 100 RF lights to help recoup - stressed me out more than ever before, and we've no idea whether it will fly. But I'd far rather try new things than coast along. Watch this space.

    Describe the process of launching the business.

    We launched online back in May 2014 - seems like a lifetime ago - with a few vintage ships' lights sourced from a UK supplier. There was no fanfare.

    When I went into partnership with Patrick, we put in £9,000 each of our own money, and have never taken out a loan or overdraft since. I feel if you get to that stage, you're in the wrong business. The banks have zero interest in actually helping small businesses - likewise this government.

    Come winter 2014 we were offered a pop-up shop in a local coffee shop that closed for the down season. We took it. Who wouldn't? And it went really well: we sold things and got to meet our customers. It made us realise we needed a retail space.

    So we moved into a shop-share in a 13th century ground-floor space, where the ceilings were so low I moved like Quasimodo. (One time I was serving a customer and hadn't realised I'd stood up directly beneath a light shade, which I was effectively wearing as a hat. Oh, the japes.)

    Come February 2018, we moved again, into a former boutique with tired decor. I ripped off the boarding and found 1920s tiling throughout the shop, which turned out to be a former butchers. Same outside, having scraped off layers of paint. It really fits our vibe and we've increased takings year-on-year by some 25 per cent.

    Going back to the beginnings, then: the key to early success is working hard and learning fast. We made mistakes aplenty and always vowed never to repeat them. Sometimes we succeeded!

    And be prepared to go with your gut and take risks. Where's the fun (actual genuine terror) otherwise?

    Since launch, what has worked to attract and retain customers?

    Key to our success has been good SEO. I read everything I could about the subject - too often finding conflicting advice - and dived in.

    Our website uses WordPress with WooCommerce, and the Yoast SEO plugin is a must. I also lashed out around £2000 to hire an SEO specialist; that was a couple of years ago and everything they instigated already seems to be out of date.

    So I've just completed another, current SEO course, which tiresomely calls for a complete site rewrite - can't be helped. The dividends will be reaped.

    It's all about diving into Google: Google My Business, Google Tag Manager, Google Search Console, Google Keyword Planner - all four are imperatives. (He set them up for me, or I'd still be gibbering in a corner, imagining little green men flying overhead.)

    Did you know that there's no such thing as "top of Google" any longer? Everyone - including me and you, when we check - sees slightly different ranking dependent upon our search history, location, etc (don't ask me what the etc is). The only true check of keyword ranking is Google Search Console.

    So I take my obvious keywords - Vintage Nautical Lighting, Vintage Bulkhead Light… - and run them through Keyword Planner, to find which is the most popular similar term, as well as checking alternatives I can pepper around my text. A blog is a great way of sneaking keywords in on a regular basis. No one reads the things, so be bold. Just don't cram keywords - it has to read naturally or Google will penalise you.

    I've spent nothing on Facebook ads and precious little on Google Ads, which I've always found impenetrable (and Google's documentation, still more so). However, the recent SEO course tutor suggested it's very hard for a small business to survive on organic traffic alone - heartening that we have done - so I'm lashing out more on hiring a specialist to help me negotiate the Google Ads maze. So much cash can be wasted on ill-conceived online advertising, the expert hire is a no-brainer, unless you have the time and knowledge to learn yourself.

    Unfortunately, my demographic missed out on internet teaching at school, so the jargon is pure Greek to me.

    Obviously, we also maintain Facebook (750 followers), Twitter (1825 followers) and more recently started focussing on Instagram (735 followers), alongside LinkedIn and email lists. Social media is both a blessing and a curse - don't spread yourself too thinly.

    Remember Google+? Thought not. In desperation to keep up with the Googleses, I spent hours setting up an account and populating it - only to get one follower (the only other person on Google+). I set up Pinterest, too, and allowed it to lay fallow.

    Pick your weapons and focus on those: we're keenest on Facebook and Instagram. But still there are only so many hours in the day and there are few of us.

    Plus it's bloody boring. Don't beat yourself up.

    We use ActiveCampaign, which has way more flexibility than MailChimp, though it's paid for. We'd built up decent databases of well over 2000 subscribers, which GDPR helpfully massacred in one afternoon. So we build again.

    I tried eBay selling, but it's not right for our quality products - there are too many cheap, inferior imitators - and I've looked into Amazon but again worry it's not a great match, for the same reason. Best sales alternative to the website for us has been Etsy, which suits our quality vintage vibe.

    How are you doing today and what does the future look like?

    The fact that we've barely used online advertising and its remarketing capabilities, but are now gearing up to do so, surely bodes well, as it can only boost sales.

    We turned over £250,000 last year, with net gains rising from a £7K loss in our first year of trading to £20K profit last financial year. Over the year the split is roughly 50:50 online vs shop, with the shop doing best in the summer when the tourists are here, and vice versa in the winter when they aren't.

    Overheads are a concern in this business, which requires a large warehouse space, as well as our bricks-and-mortar shop and its staff. Launching RetroFutures, coupled with online advertising and the building of our brands, we plan to take us to the next level.

    Through starting the business, have you learned anything particularly helpful or advantageous?

    This vintage lighting business is a very traditional business, with heavy physical products that need shipping great distances, as well as the warehousing. It's been a steep learning curve fraught with overheads and naive errors.

    Finding trusted suppliers and a decent shipping agent has been key to our success. We've been burnt in the past - those madly heavy portholes were supposed to have been stripped and polished, my friend - so we dump the deadwood and keep the gold dust. That's often trial and error, so we make small sample orders from new suppliers and build slowly.

    Maintaining stock numbers is a constant quandary. If we have an unexpected run on one pattern, we're looking six weeks minimum for a restock - production and shipping - and equally, we don't want unsold stockpiling up in the warehouse.

    I'd rather go Out of Stock, as customers are often happy with an alternative, though there's a happy medium. It's all about identifying your popular items and ordering big, and trimming off the less popular patterns. Identify and maintain the core.

    What platform/tools do you use for your business?

    Our website runs on WordPress and WooCommerce, and we also sell online via Etsy. WooCommerce plugins such as WooWaitlist (notifying a customer when you're back in stock) and Recover Abandoned Cart have been very useful. There are plenty more if you do a little Googling around your specific requirements.

    ActiveCampaign, I've mentioned - you can use it to set up email automation, as well as creating the usual lists and campaigns. Worth a look.

    And I've just started experimenting with the free live chat app, tawk.to, on our website. It's a little complicated to get your head around, but the support is good and I'm up and running now.

    We're a small team, so I worried about replying in time, but it's working out OK. I've definitely made sales that would otherwise have disappeared on the back of it, and customers go away with a positive experience even if we can't help.

    What have been the most influential books, podcasts, or other resources?

    I Google everything. If I've a website issue - cut and paste the error message directly into Google.

    Whatever it is, Google it. Someone, somewhere, will have the answer for you (for free).

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

    Learn fast. Find good staff to support you. Ask for help from anyone who knows better than you - don't be embarrassed.

    Research local organisations that advise small businesses and use them. Don't expect miracles; appreciate the small victories. Build slowly. Don't be afraid to make mistakes - just avoid repeating them.

    Focus your resources on core areas that you can see are making a difference. Be resilient. And pat yourself on the back every now and again!

    Where can we go to learn more?


    Liked this text interview? Check out the full interview with photos.

    submitted by /u/youngrichntasteless
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    Thinking about doing an AMA...maybe this will be it if you guys are interested.

    Posted: 06 Jan 2019 07:30 AM PST

    When I started on this subreddit almost 4 years ago I was a wantrepreneur like the majority of this sub (every budding entrepreneur who wants financial freedom starts out as a wantrepreneur!) I do feel like the /r/entrepreneur subreddit gave more value in the past and it truly was full of successful entrepreneurs and a lot less of inexperienced bad advice (not saying all advice on here is bad)...

    Successful guys used to tell their stories, answer questions, and help without anything in return. It still happens from time to time, but not like it used to! Anyways, I'll give a little bit of my background.

    Background

    I'm a founder of a pretty successful tech startup (success is all relative, but I'm happy with what we've accomplished). Today, we operate 2 and soon to be 3 products; a lead generation platform in the home service industry, a spin-off niche focused AI chat service, and we're working on an additional product in ad-tech which ties everything together. Also toying with the idea of buying a small ad-tech company to expedite this initiative.

    We started out with NO technical co-founders and learned as we moved along! I have now transitioned into an operational role and managing a team of 7 full-stack developers (you can learn a lot in 3 years). In total, we have 21 employees ranging from direct sales, channel sales, engineers, team leads, execs, customer success, channel success, etc.

    We are predominately bootstrapped and have raised just shy of $400k which really isn't a ton for how far along we are. We have turned down a lot more money than we have taken and have a valuation in the 8 figure range (about as low 8 figures as you can get).

    We ended the year with a couple million in revenue and were very profitable in the lead generation arm of our business and projecting profitability around our AI tools at the start of Q2 2019 (hoping for Q1!).

    If you guys are interested in asking questions, I'm happy to talk about our growth, growth strategies, pivots along the way, hiring/firing, raising money, taxes, company structure, equity distribution, finance, technology, strategic processes, managing people, really anything. We've been through a lot and I feel like I have a few nuggets that some of you may be able to learn from!

    EDIT: I will be answering all of these! A bit busy at the moment but keep them coming!

    submitted by /u/Millionaire_
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    I have two hours left on my cake day. I also lost my last client today.

    Posted: 05 Jan 2019 07:09 PM PST

    I wasn't sure if this sub wants sob stories but I hope this introspection would benefit some so I'll keep it short.

    I started a digital marketing agency with a 50/50 partner who at the time was great at motivating me to overcome my anxiety and believe in myself for my skills in video creation and public speaking.

    However over the course of the last three Years I realized the value he brought wasn't anything palpable but rather superficial to the point I was being burned out and constantly teaching him things I found essential in the survival of our company.

    So instead of being rational and cutting him out, I got passive aggressive and started to slack off hard. To truly see what he brought to the table. Of course this backfires to my clients and looking back it wasn't fair to them.

    I could be "a man" and suck it up and leave it all behind me and move on but I feel like us entrepreneurs need to appreciate actual feelings and swim in them once in a while to stay sane.

    I'm pretty sure we all have our doubts, celebrate the little wins and delve hard on the big failures. But it's all perspective. Hopefully some fake internet points will make me feel better.

    Here's to a better year to all of you. No matter what you're going through we have to respect ourselves to making a risk our safe lives.

    Also give me karma. It's my cake day.

    submitted by /u/kioba
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    A case study of an entrepreneur (looking for help)

    Posted: 06 Jan 2019 06:29 AM PST

    Hello.

    I'm working on a school project of a case study of an entrepreneur according to the Bolton and Thompson's entrepreneurship model (motivation, sources, overcoming obstacles and such up to the final successful project) and as I don't know any personally I would like to ask if there's anyone willing to share some information on the matter with me. I don't need any names or anything and it's supposed to be two pages long all and all. So if you don't ming me asking you a few questions some time during the upcoming week, please let me know. I would be extremely grateful.

    Have a nice day.

    submitted by /u/_Irbis_
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    I just got my first subscription box customer

    Posted: 05 Jan 2019 03:16 PM PST

    I launched, got nothing. Pulled the site, retooled and pre-launched with a contest and worked on my Instagram and Facebook more.

    I just launched, and over hour later I have my first subscriber.

    I've never felt so good.

    submitted by /u/Hazelip
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    Dealing with unsupportive close relatives. Looking for advice.

    Posted: 06 Jan 2019 10:43 AM PST

    I'm a 22 yo IT guy working on starting a bussiness of my own. The thing I wanna start selling has geographical significance but has no market. It actually has to do with handicrafts and the like.

    So, I was chatting with my brother who's sorta over-accomplished in my family. And he goes like, I'm not doing any innovation, nor am I solving any real problem, therefore it's a form of parasitic business model. I try to argue him saying I'll be exporting articles to people who have no means of buying them. Him: why would people want to buy them? I : 1. It has geographical significance (GI) 2. It's a symbol of status . Although I blabblered through all of that and probably my point never made sense to him.

    Anyway, from the very start of the conversation he didn't seem supportive at all, and I was hoping for him to be supportive of it. According to him, most of the major IT companies that aren't in profit today are a failure. I said valuation matters too, but I didn't have enough points to make it assertive enough.

    My question is how do you deal with people who you can't avoid and still not get defeated by them?

    Sorry if this isn't the right sub for it, but I'm ready to post it elsewhere if it violates any of the guidelines.

    submitted by /u/casual_sinister
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    A great business idea with $0 to start that is not drop shipping and working from home! Great video podcast I found

    Posted: 06 Jan 2019 02:26 PM PST

    Here is a video I found from an entrepreneur that give a great idea to start a business with no money and just time. There is no hook, and make total sense. We need more real idea's like this and not someone who is selling a course lol

    https://www.youtube.com/watch?v=QmQkep9E44I

    submitted by /u/chaptrhair
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    How to find retailers to sell a wholesale product?

    Posted: 06 Jan 2019 05:38 AM PST

    I have a couple of unique products, which can be manufactured on scale. I am currently finding retailers that can sell my product. I don't want to sell to a distributor directly and make it more costly for the end consumer. It's currently proving very difficult to find a retailer on my own, so thought of asking the experts on this subreddit :)

    What can be the plan of action? How do I contact them?

    Btw, these are general purpose products which can be sold at small stores. So, the difficulty. Not looking for national retailers, yet.. :)

    P.S. These guys don't exactly check their emails regularly. Looking for retailers in the USA.

    submitted by /u/python_collective
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    How do people run apartment rental businesses?

    Posted: 06 Jan 2019 02:07 PM PST

    I always looked at real estate as an investment similar to stocks. You make your money somewhere else and an invest it in property. But some people manage to own companies based in apartment rental business, I just don't get the business model behind it.

    I have a few friends that have rented out their investment properties (spare house or condo), but it wasn't a full time thing since they hired a management company. These rental companies usually let a third party management company handle everything as well, so what does their day to day operations look like? I cant imagine they make that much from cashflow after mortgages to be a very profitable venture.

    Has anyone worked for these companies or know anything about it?

    submitted by /u/forexInsight
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    Is this a good way to captivate my audience for my product?

    Posted: 06 Jan 2019 10:05 AM PST

    Hi everyone,

    I always saw the benefits of using a blog alongside a product/service etc. I tried making my first blog post today (I'm not the most literate of people). I'm just wondering if i took the right angle.

    What i tried to do is highlight the threats of not doing so, provided evidence and facts and then done a little slip in at the end of the actual product.

    You can check it out here: https://goawaysteve.com/blogs/news/can-someone-watch-me-through-my-webcam-the-reasons-why-you-should-cover-your-webcam

    If it's honestly terrible, then let me know!

    Regards

    submitted by /u/halfysworld
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    Startup Sports & Culture Blog

    Posted: 06 Jan 2019 01:46 PM PST

    I'm the EIC of a startup sports & culture blog based in DC. We started back in May, and have built since then, with a logo redesign, a new website (another new one soon), two successful merch releases, and 1.5k Instagram followers. Here's the site: https://www.thesidelineobserver.com/

    Thoughts? Trying to become the go-to source for DC sports and culture, with some national, overall US sports/music/politics mixed in. Any feedback would be awesome.

    submitted by /u/namrog99
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    Resource: Template for Start-up pre-seeding and seed funding presentation template for your business

    Posted: 06 Jan 2019 01:46 PM PST

    I made a template for a presentation to make to family and friends to get funding for your business. This wasn't intended to use to present to businesses such as banks, but it could be helpful in those situations, too.

    This document (which is far from perfect--any improvements or additions are welcome) can help you to get the ball rolling by creating sufficient trust to get some dollars to get the idea going and then you are one big step closer to figuring out how to get your idea off the ground.

    Businesses need capital but most banks will not loan to you or help you get a loan from the SBA without either 1) collateral (house, etc.) or 2) business history. Personal, unsecured loans are another option but most of those lenders won't lend to 1) businesses or 2) people for the purpose of investing--they primarily want to serve someone who needs some cash for a big purchase but doesn't want to go to a bank. These are the LightStreams and SoFis of the world.

    Many businesses are started with funds from family and friends. Donald Trump, Jeff Bezos both took loans from their fathers, for example.

    I didn't see anything quite like this on the Internet, so I felt motivated to share. Hopefully someone can add to it to make it even better.

    1. Download the template: https://uploadfiles.io/ez4jl
    2. If you would like the font I used, download "Permanent Marker" here: https://www.fontzillion.com/fonts/font-diner/permanent-marker?utm_source=fontsquirrel.com&utm_medium=matcherator_link&utm_campaign=permanentmarker (mirror: https://ufile.io/vssqm)
    3. Edit it to suit your needs.
    4. Use PDFSam to re-arrange and organize PDFs: https://pdfsam.org/download-pdfsam-basic/
    5. Insert the Exhibits you will need. I inserted a Credit Report, Credit Score, Loan Amortization Schedule, etc. Your needs may be similar but different.
    6. Loan amortization schedule template from Microsoft for your investors: https://templates.office.com/en-us/Loan-amortization-schedule-TM03986974

    Here's what mine looked like:

    https://i.postimg.cc/vmBXdSz8/1.png

    https://i.postimg.cc/5tRg9q7B/2.png

    https://i.postimg.cc/gJLDxXQf/3.png

    To capture my credit score to put it into a PDF, I simply just took a screen grab using Windows' Snip tool and then I printed to PDF. My bank doesn't provide it in a PDF format, so I had to be creative. Other than, most other documents can be printed straight to PDF--Excel, Word, PowerPoint, etc.

    This is just to give you ideas.

    Please feel free to use, improve, and share here or elsewhere.

    Happy funding.

    submitted by /u/DesignerLunch
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    In the marketing field for 7 years - best way to start a side gig?

    Posted: 06 Jan 2019 01:28 PM PST

    Hey all,

    I've worked in the advertising industry at agencies in NYC for a while now. I have a good job now that I'm happy with but would love to make some money on the side.

    I've had experience with search, SEO, analytics, social, etc. I'm a senior manager of analytics and digital marketing so I definitely know my shit.

    I've worked on clients such as Con Edison, NASDAQ, Chase, etc. so I definitely have the experience.

    What I'm struggling with is how to get my own clients. I've helped friends with their brick and mortar locations and they seemed pleased but they don't have budgets to do continuous marketing campaigns.

    Do I post on Craigslist, social media, go to places in person? For someone who markets for a living I'm really struggling marketing myself, haha.

    Any advice would be great.

    submitted by /u/psykotikz1
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    Super Bowl Print on Demand Strategies You Need To Try

    Posted: 06 Jan 2019 01:07 PM PST

    The game is still the most watched program on TV every year. For savvy eCommerce entrepreneurs, Super Bowl is much more than just a sporting event – it represents a huge opportunity to get in on the Super Bowl action and generate some sweet sales.

    It is estimated that US consumers spent around $15.3 billion on Super Bowl related purchases in 2018 which include foods and beverages, apparel, game-related merchandise, decorations and similar items.

    So where can you start? Use this Super Bowl print on demand guide to explore the best strategies and ideas that can help you capitalize on the Super Bowl opportunity: https://printify.com/super-bowl-print-on-demand-strategies-you-need-to-try/

    submitted by /u/ctbadger666
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    How did you guys find your business?

    Posted: 06 Jan 2019 01:06 PM PST

    I've been trying to get a business going since I was 16, I'm 21 now and I just have no idea what niche or what product to sell. I've tried dropshipping, affiliate marketing, selling t shirts but I just don't know how to find a business idea. I've been thinking in terms of a producer for years and I've come up with many ideas but they usually turn out to be existing already.

    My question to you guys is how do you find the business that's right for you or what to sell ??

    submitted by /u/ryukingu
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    Has anyone here done a product presale?

    Posted: 06 Jan 2019 01:05 PM PST

    I'm leaning toward the idea of Kickstarter, but there are a couple drawbacks.

    1. They charge money that could better be used toward my own marketing
    2. As soon as something hits Kickstarter, the vultures come to play. They will literally take the concept and try to beat you to market. Happens all the time.

    Now, number 2 is an expectation of business and I have patent filings to help mitigate it or at least give me some type of recourse( albeit costly). So my question is really around KS vs. running your own presale campaign. Does anyone here have experience that I can draw from?

    submitted by /u/bldevore
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    Tutorial Website for a Popular PC Game

    Posted: 06 Jan 2019 06:59 AM PST

    I thought about creating a simple tutorial website for a popular PC game. To generate income I would have affiliate links on the page - promoting "gaming" keyboards and mice. Now the real question, would any of this risk becoming copyright infringement of the PC game? In the tutorials, I would likely need to refer to the characters in the game as well as use screenshots and logos from the game.

    submitted by /u/webbersmak
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    Building My Empire

    Posted: 06 Jan 2019 12:55 PM PST

    🔹️Hello Everyone. I am going all in this year with my business and I plan to document it and share my progress. I Do Affiliate Marketing online making money and I am scaling things up this year that will really change my life.

    🔹️I want to create something big, something huge for myself and for my sons future so we can enjoy and live the life I always planned to have.

    🔹️I used to tell my mum that I will eventually have an empire and that I will be a millionaire one day. I just chose to party too much instead. Now I am ready. Now you might laugh and you might think I'm living in cuckoo land. That is fine, I always work harder for my doubters. I was a doubter too once.

    🔹️Before you laugh though, 10.8 millionaires were made last year from Affiliate Marketers doing the same thing I will be doing this year. Only this year I have a mentor helping me along the way.

    🔹️I made money throughout last year without taking it serious and not knowing what the hell I was doing. I made it by being silly with my sons to an audience interested in movies and games. Now I am going all in to where the big money is..... Business.

    🔹️Yeah I don't know much about business, I didn't go to university, but what I do know is that the product I am training in (the same one that helped create 10.8 millionaires) is what businesses need and want.

    🔹️Moviesgamesbeyond will continue but as a geeky thing on the side. Here is my new Channel that I will use just to show my progress, my learning, my teaching and my journey.

    🔹️Doubters don't need to follow but anyone else who is intrigued then here is the start of my journey for me Building My Empire

    submitted by /u/moviesgamesbeyond
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    Hello, I started my business in 2018 and I want some advice. Thank you in advance!

    Posted: 06 Jan 2019 09:02 AM PST

    Hi There,

    I am a freelance translator from Brazil and I want to boost my business in 2019.

    I started my freelance translation career back in April 2018, literally from zero, no experience, no credentials, just my self taught English and nothing to lose.

    Since then, I have worked on a lot of different projects, joined communities, got a couple of direct clients, a couple returning clients and even started working with 2 translation agencies, which is great! Even if they only send me work every once in a while.

    There were some rough times, I had to deal, and still have to deal, with a lot of anxiety, sometimes I think that I'm too old, or that I'm going to fail, but 2018 taught me that I can do it, that I can be successful and have a career translating, and, more importantly, that I have to have persistence and keep on keeping on.

    Now, 2019 will be a year for growth and experimentation to me; I'm going to revamp my resume and start contacting translation companies, I will create a professional website for my business, I will be more active on social média and try to find ways to promote myself more! And my main objective will be to build a clientele and forge long-term professional relationships.

    I will be the first to admit that I am quite lost at the moment, and just going through the movements, but alas I am here, asking for advice on how to best achieve my objectives.

    If anyone can give me any tips on what to do I would be eternally grateful!

    Thank you all in advance!

    submitted by /u/ketercat
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    Approach retail flower shops to sell a wholesale product

    Posted: 06 Jan 2019 12:48 PM PST

    Hi Redditors

    We make few hand made jewelry products worn by millenials. I feel it will be an excellent upsell for flower retails shops. I plan to contact them over Instagram/Facebook and pitch in my product. Actual price for same stuff is 7x our price.

    P.S: We are not based in USA but targeting USA shops.

    submitted by /u/krazyfoodie
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    Registering a foreign food production facility

    Posted: 06 Jan 2019 08:53 AM PST

    I'm registering a foreign food production facility with the FDA. I need to have a US agent in my registration.

    Do you guys have any experience with companies that provide agents? Anything you could recommend?

    Thanks

    submitted by /u/MakeEveryMistake
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    How do I gauge my company's growth potential?

    Posted: 06 Jan 2019 06:11 AM PST

    Over the past two years, I've slowly grown my subscription box company to more than 2,000 subscribers and $70,000 in revenue per month. I now have two full-time employees (we do all of our own fulfillment). I'm proud of the fact that I've built the company through hard work, trial-and-error and very little help or advice from anyone, but that's another story.

    I've continued to grow by about 100 subscribers per month since we launched, and operations are now big enough that I had to sign a 3-year lease on a 3,000 sq. ft. warehouse with a loading dock this week so we would have enough room.

    I don't really have a business background, and this is my first venture as an entrepreneur. I'm very careful, though, and have been able to grow slowly with no debt. As we grow larger, I have to spend more every month on advertising to replace churn (customers cancelling), but we continue to expand.

    Our target market is a niche of 2,000,000 very specific people in the United States (I don't want to give any more info than that). We have a few competitors, but they have a pretty unprofessional web presence and they don't spend anything on advertising. We're spending $12,000 per month on ads now (mainly Facebook and Instagram), and I'm willing to keep expanding that budget to continue growth.

    Sign-ups aren't showing signs of slowing down, but my big worry is that there is some sort of peak that we will hit where we tap out the potential audience for our box, and that things will start to go downhill. I've put my heart and soul into this, and although things are good, I wish I knew how exactly to gauge the growth potential. Will the company plateau at 2,500 subscribers? 5,000? 10,000?

    With a market of 2,000,000 potential customers, what is a realistic expectation for the number of subscribers I can get if I'm aggressive with our advertising and smart about how we grow the company? Thanks in advance for any advice! I don't know any other subscription box company owners, and this ia a lonely business (although I love it!).

    submitted by /u/whiskey_sipper
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    Bummed out that my instagram is petering out, I'd like advice on how to plump it up again, please!

    Posted: 06 Jan 2019 11:54 AM PST

    Hello r/entrepreneur,

    I'm Kara and I've posted here before about my hollow book business. My instagram photos around a year ago were getting 250 - 300 likes each (I know, that's not a whole lot). But now, I'm luck to get 100 likes on a post!

    It's weird, because I thought my photos were getting better. Here's what I typically do:

    • post 2 - 3 times per week
    • like, comment, and follow a lot every day (easy because I enjoy the bookstagram community)
    • post both photos with and without my products
    • do hashtags such as: #hollowbook #bookstagram #bibliophile #bookish #booklover #thehappynow #booksofinstagram #bookish #bookaddict #livethelittlethings #flashesofdelight #postitfortheaesthetic #reading #bookishfeatures #bookishcollective #booknerd #inspiremyinstagram #realbooks
    • every other month or so, send a product to a related instagrammer to feature/do giveaway

    The thing that's different from a year ago is that for the past several months I've tagged products for sale.

    • Could tagging my products have made users flag me as spam or something?

    Looking for any and all insights!

    Thanks in advance. This is my page https://www.instagram.com/secretsafebooks/

    submitted by /u/Miskatonica
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    Should employees be allowed to sell items in the office?

    Posted: 06 Jan 2019 11:50 AM PST

    Hi. I'm new to a manager position, and I'm faced with a tough decision: should employees be allowed to sell items in the office.

    Here's a little bit of background info. So, some employees started selling things in the office, for example their child's Girl Scout cookies. About half of the office said that they didn't like it, and they felt pressure to buy things. But the other half said they didn't have a problem with people selling things, and they actually enjoyed it.

    So, what have other people here done regarding their policy on selling things in the office?

    EDIT: my company has no policy in this.

    submitted by /u/jweir136
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