Accomplishments and Lesson Learned Friday! - (January 04, 2019) Entrepreneur |
- Accomplishments and Lesson Learned Friday! - (January 04, 2019)
- Great SEO tools you can use for your business in 2019
- Distractions are crippling us
- $15k/month keeping dress shirt collars stiff.
- Compiling a list of marketing channels in a Google Spreadsheet for startups
- If you connect your business instagram account to your personal facebook profile, can your friends see that you own that business instagram account?
- Podcast focused on Fashion ventures?
- Clients who don't know what they want or what they're doing
- A question for those entrepreneurs that went to college/university
- Question on Business name, brand name, and DBA.
- can’t think of any product ideas? import it!
- Critique SquadUp - (https://squadup.xyz)
- Help me get out of here! 2k - 2 months
- Where can I get (very specific) custom packaging done?
- Avoid Stock Pics and Standard Icons
- Is "companyAPP.com" better than "company.delivery" for SEO if the company provides delivery services?
- Outsourcing production without losing competitive advantage
- Queueing Article Topics
- Has anyone seen an updated version of the "RIP Good Times" presentation?
- I have an idea for a business on the fast food industry, any suggestions on where to start?
- Sites w/ Article/Blog/Journal
- Need help coming with business ideas that dont need to deal with clients directly.
- Help me brainstorm an initial growth strategy for a Newsletter Business
- Transitioning From Employee to Entrepreneur
- What are some of the things nobody tells you about building a small or large business and being a CEO?
Accomplishments and Lesson Learned Friday! - (January 04, 2019) Posted: 04 Jan 2019 05:06 AM PST Please use this thread to share any accomplishment you care to gloat about, and some lessons learned. This is a weekly thread to encourage new members to participate, and post their accomplishments, as well as give the veterans an opportunity to inspire the up-and-comers. Since this thread can fill up quickly, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. [link] [comments] |
Great SEO tools you can use for your business in 2019 Posted: 04 Jan 2019 03:45 AM PST Here's a list of tools I frequently use in SEO. It contains some golden nuggets i'm sure a few of you will find useful. I wanted to keep this short and sweet. Outreach / Linkbuilding Tools
Scrapers / Scanners
Keyword Tools
Analytics
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Posted: 04 Jan 2019 07:17 AM PST What do you spend your time doing? Video games? Fantasy football leagues? Social media scrolling? Netflix binging? Look at how you spend your day. Make a list on paper. Make a list of all the channels you check and news you look for and apps you use on your phone. What is your screen time daily? Go down the list and ask the question: is this helping me achieve my goals? Is it helping me grow stronger relationships? Is it helping me build my career or my business? Is it helping me get healthier? Whatever goal you have. If the answer is no then cut it out. Take your TV cord out of the back of your TV and throw it away. Take a hammer and crush your XBox. Video games are addictive and they are ruining people's motivation, career growth, business growth, relationships and health. Don't fall into the trap! Delete the social and news apps on your phone that distract you and provide no utility. Whats the goal here? The goal is uninterrupted and focused work time. Distractions leave a cloud in your head and keep you from being productive. They pull you in twenty directions. You cant do anything well when you are doing 20 things. The average person might work for 8 hours per day but with the distractions they maybe get 3 hours of work done. When something they are working on isn't fun or gets hard they check twitter. They procrastinate. They do something else. Its a dangerous cycle. While you are working you are only 30% as effective as you could be. Say no to the distractions and focus and you will have a huge advantage over your competition and over everyone else. You will win! You will beat the other business owners. You'll be more productive than you ever imagined. [link] [comments] |
$15k/month keeping dress shirt collars stiff. Posted: 04 Jan 2019 09:15 AM PST Hey - Pat from StarterStory.com here with another interview. Today's interview is with Rob Kessler of Million Dollar Collar, a brand that sells a permanent shirt collar support. Some stats:
Hello! Who are you and what business did you start?I am Rob Kessler inventor and co-founder of Million Dollar Collar, the world's first permanently installed placket stay. It makes casually worn dress shirts look amazing unlike any other product ever offered. Our customers are image-conscious men and women who know that clothing speaks for them and they hate looking sloppy in a dress shirt. Million Dollar Collar has already helped people in 100 countries upgrade 200,000 of their own dress shirts, and aims to change the dress shirt industry as a whole just like Non-Iron and Collar Stays did in the past. What's your backstory and how did you come up with the idea?I came up with the idea for Million Dollar Collar after looking at my wedding photos and being disappointed in the way of my shirt looked on the biggest day of my life. It was a casual beach wedding held in Jamaica and before I could even say "I DO", my brand new, pressed shirt looked like a sloppy mess. As soon as we returned home from the wedding I started cutting open dress shirts and testing materials. The first iteration that I showed my new bride was made of cardboard and with surprise, she finally understood what I had been complaining about for years. After testing every plastic in my house, milk carton, mini-blinds, and Zip-Ties, I moved onto the open plastics market. I then decided to partner with a plastics company to develop a material that could handle the heat of dry-cleaning, be installed once and last a lifetime of any dress shirt. I have no real background in this industry, I just like solving problems and this one seemed to be an obvious fix for me. I tested and ruined nearly 100 dress shirts while trying to figure out the right materials and design for what is now known as Million Dollar Collar. I talked to tons and tons of people wearing dress shirts and pursued getting a patent for the idea while I was developing the product. At the time I had my real estate license and was running my screen printing and embroidery business called NEWD, which stands for Nothing Else Will Do, a company I started from a spare bedroom in my house and grew completely organically to $1M in sales. Take us through the process of designing, prototyping, and manufacturing your first product.I've never designed a product before so I didn't really know where to start. So naturally, I started with what I knew, collar stays prevented the collar from curling so I started with the plastic similar to collar stays. While I was testing materials I was also perfecting the universal design of our placket stay. Every shirt I tested seemed to be very similar in construction which helped in moving forward. We had dozens of designs for what the style of the stay would look like and after doing an unsuccessful Kickstarter campaign where we were going to make and sell our own dress shirts we realized that the universal fitting product was what the customers we're really looking for. So even after I thought I had the design down I had to make serious adjustments. It turned out that dry cleaning uses extreme temperatures when they flash press a shirt in the final steps. Up to 450°F which would melt and/or deform any standard plastic on the market. That is why I worked with an international plastics company to develop the material so that it was lightweight, rigid enough to hold up the weight of the collar, soft enough to be sewn through, heat resistant enough to handle the heat of dry cleaning and wouldn't ruin anyone's shirt. The pivot Our company actually pivoted before we even launched. Through our Kickstarter, we received unequivocal feedback with 2 questions.
A lot of R&D went into perfecting not only the material but the design of the stay. Since we were also designing a dress shirt which we spent a significant amount of money on a project we ended up scraping. Patents are expensive. It was a long 2 1/2 year process of back-and-forth with the patent office and our attorney but we finally found out it was approved while on the cross-country move with my wife. This is a picture of some of the different stay designs. Describe the process of launching the business.I had been talking about this idea with one of my friends and clients from my screen printing business and he expressed interest in being a part of it. Steve Farina came on early as my co-founder and business partner in Million Dollar Collar. He is really good with graphic design, website development and the side of the business that I don't really understand, which is why we are great partners. As I mentioned before, we tried to do a Kickstarter campaign which we did not reach our goal. To us, it was a blessing in disguise because we got the answers that we were really looking for from the general public. While we still sold $16,000 worth of dress shirts, it was well short of our $40,000 goal. We didn't see it as a failure but as a learning experience and opportunity to gain insight from actual paying customers. We bootstrapped as much as we possibly could from the beginning and still do to this day. Steve and I both have made decent amount of money in our other ventures, so we were usually able to pay for things as they came up while building and developing the company and the product. As bigger opportunities arose, we accessed used credit cards and other loan types to fund growth. We officially launched the company in January 2016. Slowly, month-over-month our sales would increase, but it wasn't until we hired a YouTube fashion influencer, that we really saw jump in sales. https://youtu.be/NssjTpwmgJ0 We felt like this was the right route for us since our product is so demonstrable and visual and these guys have a captive audience that care about fashion and appearance. The biggest lesson that we've learned from starting this and our previous companies is that it takes 10 times more work, 10 times more contacts, 10 times more money, and 10 times more energy than you ever think it well to start a company no matter how great your idea is. We are now three years into sales and we're finally understanding who the customer is how to speak to them and reaching out into other sales avenues. Since launch, what has worked to attract and retain customers?Customer service It all starts with a great product and great customer service. I am a freak about customer service and their experience so, I will go above and beyond to ensure that my customers get a great product and have a great experience. Which is really hard to do when you're relying on outside companies to handle the final steps of your product. But we've done the best we can and we try to prepare customers for what they will expect to minimize objections later. Retargeting We use Shopify as our e-commerce platform and they have a ton of great apps to help you with referrals and to re-target customers that have visited your website. We use those fairly well and look to outside consultants to maximize the effectiveness of those apps and the experience. YouTube influencers As I mentioned before we used fashion influencers on YouTube to grow our audience and visibility. There are thousands of influencers on YouTube. We started by messaging them directly to try to get their attention. We soon found that the big ones are all managed by the same group, so we worked through them. We learned a big lesson, the smaller guys are actually more influential. One of the smallest guys we worked with, was actually the most effective. When you have 225,000 subscribers, you're relatively unknown, so the people that follow you, really care about what you have to say. The guy with 2 Million subscribers has a lot of followers and a lot of haters. We offered every one of them a revenue share option, but none took it, which is a shame, for them and for us. We would have more videos and they would have made a lot more money. Influencers range from $500 to $50,000 for a single video, and everything in life is negotiable, so see what they are really willing to do. If you don't ask, the answer is always NO. Advertising For years we tried and tested dozens of different Facebook ads and Instagram promotions but we now divert our efforts to the experts and have hired a great company to assist in that area. We are currently running ads on Google, Facebook and YouTube along with regular posts on Instagram. Our product is such a visual product we need to find avenues that really show the before and after to try to relate our product two other things that people think about. Recently, I ran an ad comparing a wrecked car to a wrecked dress shirt and it was very effective for us. Nobody wants to drive around in the smashed up car why would you walk around in a disheveled, sloppy shirt? We send out a monthly newsletter that does not sell our products or ever mention our product as a unobtrusive way to stay in front of our customers. We originally hired to PR firms who both took A LOT of our money and ran with no results so I would highly recommend not ever talking to a PR firm, they are obsolete today. Refer to Mark Cuban's feelings about PR if you don't believe me. :) https://www.businessinsider.com/mark-cuban-dont-hire-a-pr-firm-2014-12 Referrals Referrals and sharing are two big areas where we haven't focused as much energy as we'd like to but are currently working on those avenues. When it's a two-man team sometimes things take a backseat even though they may seem necessary. The customer that is in front of your face, has been to your website or has purchased your product is a lot more likely to share it with a friend and is easier to communicate with than trying to find a new customer. Amazon While I was hesitant at first to place our products on Amazon, it has been a great opportunity for us to get in front of customers we might not typically be able to reach. They are expensive but the sales and the customers are worth it. We actually saw a decline in sales when we started running ads, so if you list your product properly I don't think that the ads are necessary. You have to find ways to reach the customer through Amazon since you get hardly any information. Our product has a little bit different sales cycle than most so traditional follow up doesn't typically work but we know the mailing address works because they've already received the product so we go old-school and send mailers direct to the customer along with promotional materials inside product packaging. How are you doing today and what does the future look like?Today is insanely exciting. Are we profitable? Not quite, but we're darn close. While on the surface our product may look inexpensive, it is anything but. By the time you add up the packaging, shipping, the patent, marketing, and all those other expenses it's actually quite expensive. But that's not what most customers understand. So we spend a lot of time and energy building value in what the product does for the consumer, not just in what the product looks like. By the end of this year we will be at about 200,000 lifetime units sold, which is pretty exciting. While our sales are down a touch from last year it is because we have shifted our focus to the next phase of our business, which is on the installers of our products. Dry cleaners and tailors, along with custom clothier's offer us a much larger growth potential as they see more dress shirts in a day than we ever could talk to, but take a little bit longer to explain the product to an implement. The final phase of our company will be to sell directly to dress shirt brands and manufacturers to install the product at production. Unfortunately, while we have proven that customers really want the product the old-time thinking, and the antiquated mentality of these businesses it's making it prohibitive for them to see the opportunity in the innovation. We are having some very exciting conversations with dress shirt brands in the possibilities for our company are endless. I can promise you we have heard more NO's than almost any other company but we plug through because when the first yes happens it's going to be crazy. We currently operate as a two-man team with me in Los Angeles and my partner in Madison, Wisconsin but hopefully with a good year ahead of us, he will transfer out here as well with his new wife. Short term goals like next year would be to lock up a couple medium sized brands, grow our installer list from 500 to 1500 locations, open a few international distribution centers and continue to provide an excellent product and excellent customer service. The long-term BHAG goal for our company is to become the new standard and dress shirts where every quality shirt will have Million Dollar Collar installed just like they have collar stays and many have wrinkle-free fabrics. Through starting the business, have you learned anything particularly helpful or advantageous?I will tell you one thing, if you aren't making mistakes, that means you're not pushing the envelope and you're never going to be wildly successful. If anyone thinks were going to get into business, do it all right by not making any wrong decisions, wrong moves, or wrong choices is just plain crazy. Innovation and success comes from pushing the limit and trying things that other people aren't willing to do. We have been screwed over royally by a number of outside contractors so we've learned now that everything is results based. If you're getting hired by us you better follow through with what you say you're going to do or you're not getting paid. We're too small to allow people to take our money without doing what they say they're going to do. Definitely the best decision we made was the YouTube fashion influencers, that and me following through with this crazy idea I had to change the dress shirt forever. I don't believe in luck I think luck happens when you work hard and put yourself in the right situations and believe in what you're doing. I love this quote from Grant Cardone "The harder I work the luckier I get." The more opportunities you give yourself to succeed the better chance you will have to get in-front of that person that could change your life. One of my habits is to get fully dressed for the day. Even though I work from home I wake up take a shower and dress like I'm going to meet the next guy that's going to make my company explode. I also create a daily to do list and make sure that I accomplish one or two big things along with a bunch of smaller less important things to ensure that every day we are moving forward as a company. What platform/tools do you use for your business?We love Shopify so much we use it for multiple businesses. It's really user-friendly, offers a lot of analytics, and the apps are really diverse. We rely heavily on different apps from Bold along with Judge.me and the Retarget app is probably the most effective. Shipping is all done through ShipStation which is all automatic, tied in with Salesforce for CRM and WebGility to get all of our sales into QuickBooks desktop. Steve and I stay in touch across the country through a number of Google apps along with Evernote and Wunderlist. What have been the most influential books, podcasts, or other resources?You know that the average successful CEO reads nearly 60 books per year and makes 319 times more per year than the average employee. I don't want to be average. I love business and motivational books and have both a large Audible library as well as a physical library. Some of my favorite authors include Tony Robbins, Grant Cardone, Tim Feriss and Chris Voss. Some must reads and books include Think and Grow Rich, Good to Great, Blue Ocean Strategy, and The One Thing. Advice for other entrepreneurs who want to get started or are just starting out?My advice for entrepreneurs is, don't do it because it's a cool thing to do, do it because you're passionate about your thing. It is not an easy road, it is not sexy, and if you are not prepared for it, it will break you. I am very fortunate to have a supportive wife, support a business partner, and supportive family, but it still isn't easy. I'd also recommend not raising money. Find a way to make it work within your means. You will know you are passionate about it, if you are willing to sacrifice everything else to make this thing happen. I have given up more than anyone, other than my wife, will ever know to build a successful business. Are you looking to hire for certain positions right now?We are always looking for talented people to put into the right places. We recently hired a Licensing Person to handle some of the big conversations we are having right now. We also recently hired someone to help us finalize the build-out of our email marketing. 2019 will be the year of explosive growth for Million Dollar Collar and we will be looking to hire some exceptional people to contribute to and support that growth. Where can we go to learn more?Liked this text interview? Check out the full interview with photos. [link] [comments] |
Compiling a list of marketing channels in a Google Spreadsheet for startups Posted: 04 Jan 2019 04:40 AM PST Recently I came across a marketing framework term called as KLTE which means Know, Like Trust & Engage. 1: Know - Things you do for people to know you 2: Like - Things you should do for people to like you 3: Trust - Things you should do for people to trust you 4: Engage - Things you should do for people to stay with you I think this framework is pretty useful for all internet startups and especially SaaS startups. I am preparing an exhaustive list of all channels. Would appreciate if you people can join in making this a wonderful resource. Google Spreadsheet Link: https://docs.google.com/spreadsheets/d/1VGjqTdzWdEhcLd-TnlfymH02rDqFdsd5SkM--Ey7gnI/edit#gid=0 [link] [comments] |
Posted: 04 Jan 2019 03:19 AM PST So basically I created a business instagram account and connected it to page I made on my personal facebook profile to run some ads. But after I connected it, I can see instagram recommending me some of my friends to follow. I'm just a bit paranoid as I don't want any of my friends to see it. Additionally, can you connect two accounts to one facebook profile i.e one Business instagram account and one personal instagram account connected to one facebook profile? [link] [comments] |
Podcast focused on Fashion ventures? Posted: 04 Jan 2019 02:31 PM PST Hi everyone! Does anyone have some good recommendation for podcast which focus on the fashion business? Like successful stories, or things you need to know on the business side etc Thanks! [link] [comments] |
Clients who don't know what they want or what they're doing Posted: 04 Jan 2019 06:52 AM PST I'd like your tips re this client, here are the details:
Recently they emailed me (after having purchased a 3 month social media pack) and say they're disappointed and want a refund on the last month. Well, hang on a second:
The T'S & C'S of the package are no refund whatsoever. So now they're trying to push for a credit for SEO and other services. I've said we can discuss a partial credit (for SEO or Blogs, Articles) but honestly, I am really p*ssed off with these guys. I'm actually glad the business relationship is ending as it has been one thing after another and all the time they play it as if they know everything and we know f*ck all. I've not been gruff, rude or anything of the sort. Maintained professionalism at all times in spite of some really silly choices. Any advice how to handle this? [link] [comments] |
A question for those entrepreneurs that went to college/university Posted: 04 Jan 2019 01:54 PM PST So what did you do with your student loan when it came through, did you invest, spend it on stuff and regret it. Like I'm really curious. [link] [comments] |
Question on Business name, brand name, and DBA. Posted: 04 Jan 2019 10:01 AM PST I have a question that I am not able to find any clear answer for on the internet after days of searching! So, lets say I want to start a clothing brand called "Karmani". I got the domain name www.karmani.com, and I want to be a sole proprietor or do general partnership with some friends. I'm in California and we don't want to do a LLC cause CA charges you $800 a year business tax for that LLC, we don't even know if we can cover that plus overhead in a year. Now, the question is, as a sole prop or general partnership, do we NEED to do a DBA to be able to sell the Karmani branded clothing on the karmani.com website, or do I need to get a DBA to be able to do that? From what I've found so far, the answer is no I don't need a DBA, as long as the terms of use and other information on the website note that the Karmani brand and site are owned and sold by me (my actual name), or by the general partnership (everybody's surname who is in the partnership), and also charge the customer in my name or partnership name. An example would be like the Jell-O brand website, in the terms it shows the site is owned by Kraft-Heinz https://www.kraftrecipes.com/useragreement, and also at the bottom of their front page, it shows copyright by Kraft Foods, https://www.kraftrecipes.com/brands/kraft-jello. Definitely if and when we start making money with the brand and company, I would want to create an LLC for the protections, and also the ease of just naming the LLC entity the brand name and not have to deal with a DBA. At this time though, I'm trying to do everything by the book, but also at the lowest upfront cost to just test the waters and learn, and to do a DBA will cost about $160, and to make any changes to it in the future will cost even more. The only example that I've found that made me unsure of the above is Tillys https://www.tillys.com/customer-service/terms-conditions/terms-of-use.html. If their company of World of Jeans & Tops owns the trademark and site/domain for "Tillys" why would they want/need to do a DBA? So I guess I have two questions, I bolded them above. Thank you all in advance. [link] [comments] |
can’t think of any product ideas? import it! Posted: 04 Jan 2019 01:23 PM PST have you ever thought if you have heard of computer revolution during 80s you'd get in touch with apple and become an exporter of their products to your home country? well that ship has sailed. however there're hundreds of other startups building the next big thing right now and today is your chance to team up with them. what do you think of such an idea: hardware startups share their products online and entrepreneurs all around the world will get in touch with them to partner up. platform for global expansion. any thoughts? [link] [comments] |
Critique SquadUp - (https://squadup.xyz) Posted: 04 Jan 2019 01:13 PM PST We created SquadUp (https://squadup.xyz) to make it easier for you to share your subscriptions with friends and family. Also, you can charge them for access to your account information to help cover the cost. In other words, SquadUp lets you create a subscription for friends and family called squads to give them access to your subscription (Netflix, HBO, etc.) and cover the cost. Technically, you can also use it for phone bills and rent. SquadUp won YCombinator's hackathon (https://blog.ycombinator.com/october-2018-hackathon-recap/) placing 1st out of 80 projects and 250 other developers. YCombinator thinks the idea has potential, but we need your help making it better so be critical. I promise you won't hurt my feelings. We do not make money off of transactions. We want squad owners to collect 100% of profits. Currently we charge a 3% + 0.50 cent fee which is industry standard for CC processors (2.9% + 0.30 - 0.50 cents). We do not encourage users to break Terms of Services but to share them within the limits of what the ToS allow. Visit us at: https://squadup.xyz Email me if you have questions/feedback. [vahid@squadup.xyz](mailto:vahid@squadup.xyz) [link] [comments] |
Help me get out of here! 2k - 2 months Posted: 04 Jan 2019 01:10 PM PST I'm not sure if this is the right place to post, but I am asking for any advice or suggestions on making an income remotely/online as an on-campus college student (Does blogging, shopify, etc work? Other suggestions that work?). I have a job during my breaks, but I would like to know how to make money while also being a student. I've looked though Google and YouTube growing up to get help, only to end up visiting websites asking me to buy courses, but I have not been successful in knowing which course to buy. Would anyone be willing to give me advice? Feel free to message me or reply. I appreciate it so much! EDIT: Thanks for the responses. I shorted this post. I just really didn't know where to start to become an entrepreneur (Did you become an entrepreneur by learning from a course and applying it? How did you start? - that was the question I was trying to ask). I put in the examples of working 2 summer jobs thinking it would attract people to help and guide me on where to start, but I did not realize it would create the wrong impression of me. I actually enjoyed my summer jobs. I was hoping to find a way to earn money online or on my own while also attending college during the school semesters. Sorry for any confusion! *note: I have not started anything. Just wondering how I can start entrepreneurship. Thanks! [link] [comments] |
Where can I get (very specific) custom packaging done? Posted: 04 Jan 2019 01:08 PM PST I'm trying to get custom packaging for my product, but the only results I find on the internet are companies that do customizable but limited packaging. They all are technically "custom" but the shapes are pretty uniform. Where should I look or where can I find a place to produce my custom packaging like this? [link] [comments] |
Avoid Stock Pics and Standard Icons Posted: 04 Jan 2019 12:51 PM PST So, I was reading this lovely post about clients not knowing what they want and I could just imagine they were talking about me. I'm thankful they aren't, but it might as well be. I at least know my name and what I do. I'm just at a loss when it comes to knowing the vernacular/expectations for things I don't know. I can't very well know everything... For example, the I kept being asked if I had a style guide, but didn't even know what that was. So, anyway, I have 2 questions.
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Posted: 04 Jan 2019 12:41 PM PST We are currently trying to purchase our company.com domain from the owner, but until then we just have to deal with either companyAPP.com or company.delivery. I am trying to figure out if using the .com extension is better for SEO or if using an extension with a term that is related to our service. Cheers. [link] [comments] |
Outsourcing production without losing competitive advantage Posted: 04 Jan 2019 12:39 PM PST I'm looking for anyone with advice on outsourcing production. I currently run a side business that brings in roughly $3-5k per month, depending on how much time I am able to devote to it. The only problem is that I do all of the production myself and would like to scale past the point of what I am able to produce. I've found a startup with whom I have had positive dealings in the past and would like to approach them about taking over production since they have the ability to handle a larger order capacity, while I already have an established customer base. I don't know that I would be able to patent my product or even process (there are others that produce similar items, I just benefit from first mover advantage and have managed to obtain a loyal niche following). What would be the best way of going about outsourcing without being cut out of the operation completely and then selling the products on their own? [link] [comments] |
Posted: 04 Jan 2019 12:35 PM PST I feel like I have 100s of ideas, for articles, floating around in my head. Yet, I can't figure out how to organize my thoughts. I guess I'm asking: is there a program/site/app that would allow us to place and organize each idea in a queue-esque list for my team and I to work from? [link] [comments] |
Has anyone seen an updated version of the "RIP Good Times" presentation? Posted: 04 Jan 2019 12:30 PM PST Feels like a lot of this story is repeating itself (and some not). I think the prescription from back then is good today:
Good luck! [link] [comments] |
I have an idea for a business on the fast food industry, any suggestions on where to start? Posted: 04 Jan 2019 12:27 PM PST I have, what I think is, a good idea on a fast food restaurant. As of right now I only have the idea so I want to develop it more to see if realistically is good or not. I've never done this before so I'm not sure where to start. I've seen online some websites that have business plans that I could follow but I thought I'd ask here first if there is any specific one someone could recommend or guide me a little bit on where to start. If there is a plan or a website that is worth, I have no problem paying for it. Thank you! [link] [comments] |
Posted: 04 Jan 2019 12:25 PM PST Hi! Currently, I have my company site built and hosted, with my domain. I just don't like any of the native "blog" look. I'm to figure out how others are doing it. I want my articles to look like they belong on my site. I have no desire to look like a WordPress blog. I really would prefer my company to look like a leader in the field. I'm just not a pro in website or design of any sort. What sites out there can I use for my articles/news/blogs/journals/whatever? Should I be using a different site from what I use to build/host and somehow link the 2 under 1 domain? Edit: I don't feel like my post was very clear. [link] [comments] |
Need help coming with business ideas that dont need to deal with clients directly. Posted: 04 Jan 2019 08:31 AM PST I have been in digital marketing for 2 years as a paid search specialist and i dont like the fact that i need to report to clients weekly and if their business is not doing well, they always blame us when it could well be other factors. I am starting to think i am not good at this and dislike going to work. I want to see if there businesses that dont directly deal with clients (or client management) - if the business fail, no one will blame me aside myself (for example, like a product based business). I am still quite young and willing to learn and experiment. [link] [comments] |
Help me brainstorm an initial growth strategy for a Newsletter Business Posted: 04 Jan 2019 12:01 PM PST I'll keep things very concise and straight to the point Who: I have built and sold online businesses in the past, worked in the tech industry and most recently on Wallstreet What: I am currently building a free Newsletter Business focused on Business, Tech, and Finance called The Crypt. Similar to TheSkimm and MarketSnack My Problem: Need help brainstorming an initial growth strategy. I am currently, doing the things that don't scale. Reaching out and selling to ideal users of my newsletter the value prop of signing up. Paid marketing is being planned for in the future, but I need to get a lot more data before investing in it. However, I'd like some ideas that you all may have that can help propel some predictable growth in the meantime. Target Audience: Millennial Young professionals. Interested or works in the Tech, Finance, or Business industries. Some ideas that have been floating around in my head:
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Transitioning From Employee to Entrepreneur Posted: 04 Jan 2019 10:37 AM PST This is a topic that I'm always fascinated to discuss. What tactics do you use to make the transition to full-time entrepreneur? How do you manage the time to work on your business while having a demanding day job? [link] [comments] |
Posted: 03 Jan 2019 11:57 PM PST I think there is a lot of good advice on the interwebs when it comes to entrepreneurship and business development. But as in any trade, there are probably some things that are romanticized and some things that nobody talks about. I once saw a quote on Linkedin: The truth about being a CEO You're all alone with no one to talk to. You can't talk to your cofounders about what's worrying you, there's too much risk they might tell the team. And you can't talk to your investors about what's worrying you, there's too much risk that your investors will worry in the wrong way. And you can't talk to your spouse about what's worrying you, there's too much risk you'll overwhelm your spouse. There's literally no one you can confide in. No one. Brett Fox, Fmr CEO @ Touchstone Semiconductor What are some things you have come to be quite surprised by when building your business? This can be anything, from dealing with people, corporate structure, work habits etc... Maybe also, does anything come in mind that is culture/country specific? I would really be curious to hear some Reddit stories! [link] [comments] |
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