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    Saturday, April 27, 2019

    Has anyone ever tried to get a job after being an entrepreneur? Entrepreneur

    Has anyone ever tried to get a job after being an entrepreneur? Entrepreneur


    Has anyone ever tried to get a job after being an entrepreneur?

    Posted: 27 Apr 2019 04:01 AM PDT

    Edit

    based on a wonderful suggestion I'm going to pursue some form of teaching for the coming year, even if it ends up being volunteering. Thanks for all the advice.

    Decided to leave the post up as it was a more common problem than I realised... maybe someone should start a business hiring former entrepreneurs?

    Original Post ———————

    So I sold out on my business last year and did the standard exit agreement period where I slowly handed over areas. Unusually they asked me to step out before this contract finished but part of the agreement was not to open a new business in this industry for 2 years. I've got about a year left on this.

    As a workaholic I've been bored out of my mind. I don't want to open in another area I don't have experience in so I tried applying to jobs in interesting fields but obviously have not enough experience.

    Then I tried applying for jobs in my field, nice fun jobs, but I'm ridiculously overqualified and get rejected. Some of these jobs are dream jobs. I tried lying on my cv I.e downgrading but people recognise me and know, even part time roles.

    I've ended up consulting but it's the worst, I'm too hands on.

    My question is, has anyone found a good pass time for this period or found a way to get a job in a different industry?

    submitted by /u/Hal_E_Lujah
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    Product stolen, then sent back to me for repair, options?

    Posted: 27 Apr 2019 11:54 AM PDT

    Hi,

    I sell handmade lamps as a side business and nearly a year ago, I sent a package out to the wrong address. The name of the recipient was correct but the address was not. However, it seemed whoever resides at the address still ended up taking the package even though it wasn't them.

    Fast forward to today, I received an email saying their lamp needed to be repaired so I obliged and offered a return address so I can look into it. I received it a week later via Fedex (with a checkmark saying "Bill to 3rd party" which I assume I'll be receiving some kind of billing invoice...). I examined the lamp and luckily I included a unique ID hidden inside. That ID matched the missing lamp from a year ago.

    Now I'm wondering, because this lamp does not belong to them, what are my options? And also, I was not aware of the "Bill to 3rd party" and the Fedex worker did not mention any note of this when I signed for it (I only saw it after I checked the documents inside). I would feel terrible if I had to pay this invoice AND repair it AND send it back at my expense for a stolen product. I have not spoken to this individual yet as I'm not sure how to approach this.

    Stephen

    UPDATE: Forgot to mention, they stated they received it as a "gift" from someone that is not listed on my order records.

    submitted by /u/NorthernCircuits
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    Who is the most successful small business entrepreneur you know?

    Posted: 27 Apr 2019 05:23 AM PDT

    What is their business and how did they become successful?

    submitted by /u/tbk125
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    Tips for helping our small company launch our first product?

    Posted: 27 Apr 2019 05:00 AM PDT

    Myself and a couple other talented engineers are trying to launch our first product (hopefully many more after). We first started this project for ourselves about 6 months ago, but after making it, we realized it had some great productivity potential and think it could be useful for many people.

    We've designed a macro keyboard with a built in DAC headphone amp. Most macro keyboards on the market require users to have some level of experience with coding to be able to program (usually in C). Our keyboard is completely configurable through an application that has a simple UI to program the macros or keys to whatever you want. RGB is a big craze right now, so of course we had to add LEDs to the keys and underglow (also configurable).

    Here's a link to our website and Instagram for those who are curious.

    We've gone through the Arrow Certification Program, and the product is now "Arrow Certified." We plan to launch on Indiegogo within the next few weeks. So far, we've been putting our content on Reddit and Instagram.

    I'm hoping we could get some tips from other successful entrepreneurs on how they got their name/product out there. Thanks in advance!

    https://imgur.com/a/ZjHXeVM

    submitted by /u/davodil
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    Got a couple of days free from college, is it worth to try FB ads + POD t-shirts?

    Posted: 27 Apr 2019 11:51 AM PDT

    Hey guys, I've got some time on my hand for the next couple of days and wanted to try something small. I was thinking of designing a t-shirt, putting it up on Teespring and spend a total of about $60 on FB ads to test the design and see if I can make any money. My question is whether or not it'd be worth trying, I know it's extremely saturated but this is the only thing I can do right now. Is there a chance that I'd make that $60 back?

    Last question: do you guys have any good links to resources / vids for FB ads and/or the t-shirt business? I can't find anything truly useful, 99% of what I find is the same garbage repeated over and over again.

    submitted by /u/Fotonenboer
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    What would you invest $5-10k in when living in a tourist town?

    Posted: 27 Apr 2019 10:52 AM PDT

    I know $5-10k isnt much to work with, but it's all I'm getting. So my dad is getting a settlement soon. My mom & sister have already screwed him out of $6k+ on bs business ventures, "going into real estate", etc. This was a few years ago, and I was too young to help/start a business of my own. I'm old enough now to start a business/invest and I'm really my dad's last resort. He knows I'm capable of doing it and going through with it and not screwing him out of his money but I have absolutely no idea what "it" should be. I want to actually sit and research, get a plan together and make sure what I do isn't going to flop.

    That being said, I live in a tourist town where from about April-December we are slammed, and the rest of the months are dead. Small businesses and craft booths/malls are booming and I'm very crafty and good at building furniture, so this was an idea of mine. My mom also suggested a dog grooming-daycare-walking service since the closest one is about 20 minutes out of town. An idea I've also been entertaining. Both of these are within my budget with rent and start up costing around $5k, but I'm wondering what else there could be. Maybe something that caters to tourists and residents alike so we are still making a profit in the dead season? My boyfriend is also working on a construction business, so there's that. I'm just not sure, and I've got about a year to figure it out. Any ideas are welcome.

    submitted by /u/smoskira
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    Looking for feedback on a potential product idea

    Posted: 27 Apr 2019 09:15 AM PDT

    Hi all!

    I'm a senior in high school who's looking to validate an idea I had for a web app that addresses the issue of having too many websites to check every day. I find myself refreshing the following sites daily:

    Google Analytics - number of site visitors

    Typeform - any new survey responses

    Twitter - mentions or new followers

    MailChimp - new email subscribers

    Etc.

    It's really bothersome to keep all these tabs open and refresh them every day, so I thought of a solution to mitigate this problem: a unified website-monitoring dashboard that allows you to select real-time data from various sites and view them all on a single page in a clean, minimal UI. This would mean that you'd only have to check one website to know if you got any new signups, a spike in website traffic, a new message, etc.

    On a scale from 1 to 10 (with 10 being highly likely), would you spend $5/month on a web app like this, and if yes/no, why? If you have any feedback or questions regarding this idea, please let me know.

    Thanks!

    submitted by /u/alanbi
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    Need to create an LLC but moving to a different state soon.

    Posted: 27 Apr 2019 08:56 AM PDT

    Hello,

    I need to create an LLC asap but am moving to a different state where I have not found a new home yet. I will eventually amend the LLC to include my new home address.

    My business' revenue comes from advertising and my user base makes financial decisions based on market data I serve them.

    As far as know I can currently register with these two two options...

    Register LLC to PO Box

    Register LLC to parents address (they live in the state im moving to)

    Are there any pros and cons to above or if anyone has any advice in my situation I would really appreciate it.

    Thanks!

    submitted by /u/adamappdev
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    6 months free time and I need your suggestions

    Posted: 27 Apr 2019 02:02 PM PDT

    Hello there,

    As mechanical engineer, I work 6 month on/6 month off. So Every year I have 6 months holiday. I don't know coding, but I have good knowledge of computer.

    I need your working ideas to work online at holidays. I'm thinking about start some niche websites but I'm not sure I 'll earn money. My aim is to make around 500-1000$ a month . I know that everybody has different talents and interests, but I'm open to all ideas.

    Thank you all!

    submitted by /u/thetrollingstone
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    Job search while pursuing seed funding

    Posted: 27 Apr 2019 01:45 PM PDT

    I am currently employed as a software engineer. In my spare time I am also building an app with the intention of co-founding a startup. My goal is to launch our app in about 3 months at which point my two other cofounders will help to drive sales and if all goes well we will land some investments and work fulltime on our new startup.

    In the meantime, I just received an excellent job offer from a software accelerator to manage their US operations.

    I will not accept the offer without telling them of my startup pursuit. So, my question is whether anyone has any thoughts on how I could possibly convince the employer to let me take this job offer without giving up on my startup.

    Could I offer to pay some sort of termination fee for leaving within 6 months? Or since they are an accelerator some deal where I would stay on and bring my startup in as a new contract? This sounds silly as I type it out, but I hate to lose out on a great career opportunity for the chance of getting a startup going.

    submitted by /u/JohnnyKonig
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    What metrics do you track? What do you use that data to adjust?

    Posted: 27 Apr 2019 01:37 PM PDT

    I know marketing campaigns track data by dollar value, cost of acquisitions, and so on.

    But what other departments use what metric to track growth?

    submitted by /u/ShoemakingHobbyist
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    Partners and I have started up Video Production Service Company... But now we're lost on how to get clients

    Posted: 27 Apr 2019 12:55 PM PDT

    My partners and I are straight out of College and have started a Video Production company

    I've looked online on best way to find clients. Some I've seen talk about cold calling dozens of businesses. Some have said to cold email instead. And others have stated cold calling/emailing is a lost cause and it's better to contact employees of said businesses through LinkedIn and talk to them enough to get the ability to talk to those higher up in the company and so on.

    What is the best way to get clients for a Video Production Service?

    I've also heard it's best to go on sites like Craigslist to find people looking for videos made for them.

    submitted by /u/Blackflame69
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    Site builders.. what to chose?

    Posted: 27 Apr 2019 11:49 AM PDT

    I am looking to build a site for my coaching business. What site builder like wix or squarespace is a good choice?

    All advice is very appreciated!

    submitted by /u/coachbahman
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    Looking For Some Direction In Regards To Online Business

    Posted: 27 Apr 2019 11:42 AM PDT

    I've tried to get into online business before and honestly I hated the business model I chose (freelance copywriting).

    I made a very small amount of money ($100) and got sick of it, after that I started to get into freelance photography. This wasn't quite an online business but I made some decent money here ($800) with minimal work (within 2 months) but it's not a plausible business for me long term. I also looked at DropShipping but I hated the idea of selling cheap Chinese junk.

    The main reason for this is interest because I want to play pro golf, I'm an amateur right now and working to get better. And I know I'm going to need a good amount of money to take a good shot at this goal and, I have to work. If I run an online business or not, I need to work. So I figure, if I'm working 30 hours a week (which is what I did last year as a server at a golf course) I could instead use those 30 hours + the time I have at night to work on a business.

    I don't see why if I invest 30 hours + time every night (let's say 5 hours) on a business that I can't get something going. It doesn't have to be anything crazy, ideally I'd want about 5k a month with not a crazy amount of upkeep. This should give me enough money to pursue any tournaments that I desire + get lessons and spend time on my game. I also understand in the beginning I might have to work anyways and work on the business on the side, I'm okay with that.

    I know that 5k a month right off the bat is unlikely to happen but I don't see why with a year or so of steady investment I can't get decently close that number. Even an extra 2k a month would be great and help a lot.

    This leads me to the question,

    What business?

    I tried copywriting and I hated it, I also used to have a blog and I don't really care for writing. Everyone tells me I'm a great writer but I fucking hate it. So I'd want to avoid anything that involved a lot of written content.

    Some of the things I have skills in.

    - Photoshop, Illustrator, LightRoom

    - Golf (of course)

    - Becoming more connected to nature (I have no clue how this can be marketed but people tell me that I look like I belong in the woods and I often have spiritual experiences in the forest)

    - Photography

    I don't mind working hard but I just don't like writing.

    My startup capital I'd say is around 1k, probably a bit less but I'd be willing to invest 1k into the business to get everything up and running + set-up.

    What are some business models that might be worth looking into?

    Right now I'm thinking of an info-product on Golf or maybe an ebook about Golf or something along those lines. Oddly enough, I wouldn't mind writing a book or ebook. I just hate having to write blog posts and that type of content creation.

    Edit: My idea for an ebook would be something less instruction focused and more on golf stories, maybe old stories from old pros, or some sort of compendium of the best golfers to ever play the game. I've always had a fascination for the older players (from the 50's) and I personally would be interested in a big book about the different players, breaking down their games, listing all of the books they've written and so on.

    Do you have any other ideas?

    submitted by /u/situ139
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    What to do when you have a product that could change thousands of people's lives but it needs lots of connections, money, and support?

    Posted: 27 Apr 2019 11:37 AM PDT

    So I found a legal way to rip off a patented drug that costs $90k. I can sell it for a tiny fraction of that price. I had it looked over by a chemical engineering student and chemistry professor at my tech school and they both said it should work. However, to bring it to market I'd need FDA approval and that's expensive and a big ordeal.

    I know I could go to my university and tell them about it and they'd totally run with it and put my name all over the school publications, but I'm sure they'd want IP and that's not my end goal. I could also sell the rights to use it to a competitor pharma company and license a royalty or something. Or maybe I could let a big foreign pharma company get it approved in their country and have the rights to sell it there, but I still get to sell it in the US.

    I really just need advice for my next steps to bring this to market. I also have the ability to rip off most patented drugs for context.

    Thanks!

    submitted by /u/carsonpoole
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    Customer Acquisition Vs Customer Retention , what is easy / quick & cost-effective ?

    Posted: 27 Apr 2019 10:48 AM PDT

    Entrepreneurs of Reddit,

    Like every business does , as an Entrepreneur I too have spent time / effort & money to bring in leads to generate new business & acquire a new customer.

    Over a period of time , I got accumulated with 700+ clients that range from Small businessess to Entrepreneurs & Start-ups by building professional custom made websites for them.

    But due the course found that I was spending too much time / effort to acquire new clients & missed out to catch up with the existing clients.

    Had to spend days in marketing / promoting to acquire a new client , whereas I spend around 20 mins to write a personal email that is tailer made to each client & they do respond quickly with more questions / queries about the purpose of my mail & do approve the work that I propose.

    It is very quick to communicate , explain , educate & close the business deal with your existing client ,whereas it is time consuming to approach a new client with the proposal & get them invited to discuss the requirements & even more difficult to close the deal by convincing them.

    From my personal experience , I would say Retaining an existing customer is way cheaper & quicker than acquiring a new client.

    What do you people have to say about this based on your experience ?

    submitted by /u/phptechie
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    Socioeconomic research for online sales

    Posted: 27 Apr 2019 08:38 AM PDT

    After a few years out of the field, I decided to try my hand in a new business. I am having a problem though as I am trying to market to a New socioeconomic class and I am having a difficult time finding research online.

    I'm looking to market the more upper class income.

    Does anyone have sites with demographics based on age, race, location in the United States? I'm currently trying the census's bureau site, but having trouble locating anything useful.

    submitted by /u/ilikesynonyms
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    At university I have an audience of a specific demographic that I can easily reach out to. I feel like there are opportunities but no ideas have come to me. Looking for ideas

    Posted: 27 Apr 2019 08:32 AM PDT

    So i'm coming to the end of the my first year at university. I had this thought when i started and considered making a post but i hate posts just asking for ideas - i was fairly sure some ideas would come to me. None have.

    There are thousands of students, many of whom have disposable income (its a good uni so loads of rich people). I can advertise to them all easily, either through posters (uni toilet posters are very effective for student elections), social media, or in person.

    Any ideas or experience with this?

    thanks

    submitted by /u/ghroat
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    Seeking help on how I should sell my product.

    Posted: 27 Apr 2019 04:39 AM PDT

    Hi, so I'm soon to retail a single product that's small and costs about $15 USD. Most my marketing is going to be done on Instagram and therefore most of my traffic will originate from there.

    It seems to me that I have 3 possible ways of selling my product.

    Either:

    1. I sell my product purely on Amazon, where it will be fulfilled by Amazon using FBA. I'll then drive traffic towards either my Shopify and then my Amazon listing or just simply directly to my Amazon listing and have all my sales there.
    2. I sell my product on both Amazon and Shopify, where I will use Amazon's multi-channel fulfilment service to fulfill my Shopify sales. I will then drive my traffic towards my Shopify website where most of the sales will be fulfilled by Amazon.
    3. I sell my product purely on my Shopify website and use a different 3rd party fulfilment service (not Amazon), to fulfill my product.

    Option 1 seemed most appealing to begin with as it was the most simple, and everyone in the US market is aware of Amazon and comfortable purchasing on there. The FBA system also is very straightforward and I could possibly opt for a small and light FBA service (as my product is $15 and weighs less than 1 pound) which saves me $0.40 from the fulfilment fees. However, I was turned off of doing this because others had advised me that it would be unappealing to direct users from your Instagram --> Website --> Amazon. And if I were to direct them simply from Instagram --> Amazon listing, I would supposedly have a harder time building a brand; which I very much would like to do. *A point to be aware of is, I have very little competition on Amazon, there's only 1 other competitor and they are mainly marketing in the European market, so very little people in the US know about them.

    Option 2 seems like the best of both worlds. I'd be able to sell on Amazon as well as selling on my own website and getting rid of the potential turn off, of being redirected to Amazon once you arrive on my website. It also gives my website a bigger reason for existing. Negatives are, however, that multi-channel fulfilment has had some bad reviews. One aspect is that when a customer orders from your website, the product arrives in an Amazon package, which could be confusing?. Second aspect is that it makes thing quite a bit more complicated, as I have to set up and manage both Amazon FBA and MCF, and being inexperienced in both I may run into quite a few hurdles. I also hear bad things about delivery, apparently it slows down the delivery process having to update Amazon with the fulfilment order every time. There may be other negatives, I am unaware about.

    Option 3 would ideally be the most straightforward, however, I'd be eliminating the option of having my product listed on Amazon. To me Amazon seems quite appealing as I pointed out in Option 1, and I'm afraid I'd lose quite a big potential of marketing and appeal by not having my product listed there.

    If anyone has any experience or can provide me with any input or guidance, it will be greatly appreciated.

    Thank you very much.

    submitted by /u/Creamybonbites
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    I created a blog providing marketing ideas using real businesses as examples

    Posted: 27 Apr 2019 08:09 AM PDT

    This is my second blog post, and the response was great- so I'm excited! I love talking marketing ideas and this is a perfect way to stretch my brain and get the creative juices flowing.

    The website is Upsold . But if you don't want to read it on my humble site, no worries, I copy and pasted it word for word below.

    We are not sponsored or affiliated with Resumeworded.com

    What is Resumeworded.com?
    Designed by top recruiters, their AI-powered platform instantly gives you tailored feedback on your resume and LinkedIn profile.

    Resumeworded target customer:
    Pretty much anyone looking for jobs.

    How can they market themselves?
    Interesting note, I don't see a pricing button anywhere. I noticed that couple of their key features are free, but they sell other additional services. This is a great business model as they provide a lot of value, positioning themselves as an industry expert– anyone come to mind? Neil Patel. Providing free SaaS tools show that you actually care about the user, it builds a lot of trust. Every company is trying to squeeze all the money they can from their customers, so providing a free, valuable tool like their resume review services builds a lot of rapport– which is hard to do over the internet. Other than traditional marketing, they can:

    1) Job forums.
    There's a ton of them. Either do traditional PPC advertising with them, or some grassroots growth hacking. Join the community and be an industry leader– provide free tips, etc. How do you find these said forums? Google! (Did you read my last post? Google is always the answer). Also, reddit would fall into this category.

    2) Team up with resume/job coaches.
    This needs a bit creativity, but connecting with these people would benefit both parties. They can both benefit and help each other out. It looks like they have a section for coaches to sign up, but they need to do a better job explaining the benefits. They should create a market place for their users to find coaches/advisers and take a cut?

    3) Team up with local communities and volunteer organizations.
    A lot of libraries and volunteer organizations provide career counseling for their community. They should email or visit them to let them know their software is free! This would be widely used within these orgs.

    4) Team up with high schools and colleges.
    A spin off from idea #3, but again, a no brainer. These students are going to be entering the work force very soon. By giving them the tools to succeed, resumeworded will be forever stuck in their minds…like sparknotes. Thank you sparknotes. Thanks a lot.

    5) Create an email list giving daily resume tips.
    Why they aren't doing this already, I'm not sure. They should do this yesterday. Self explanatory, but I'll write about it. A lot of people would benefit from this, and it'll be an easy way to keep an active marketing campaign.

    6) Join job/career fairs and seminars.
    A great way to do some face to face marketing. You have a lot of warm/hot leads and schools would love to have resumeworded on board. Maybe it would be a good time to pitch to the school for #4 as well!

    Bingo, 2nd post done. I think I'm going to do 1-2 posts/ week. I got an email subscription up and running, so be sure to sign up for that and join the facebook community!

    What do you think, do you guys have any other ideas?

    submitted by /u/LeagueCounters
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    Google and Facebook know the return on their adverts and will squeeze you for every bit of profit

    Posted: 27 Apr 2019 08:03 AM PDT

    It seems as though the big advertising businesses give you no room to make profit. I've worked with physical advertising locations (like shopping centres, newspapers etc) and I see volatile, but pretty good results (overall I double what I spend).

    Has anyone actually had any good results advertising online? I've sold some really niche and good products (super cheap web hosting, template web design, 30cm bars of soap). And seen little interest whatsoever. Any potential customers I do have, their profits have already been spent on advertising twice over.

    submitted by /u/Wyldshard
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    Can you choose your favourite 3 names and 3 least favourite names from this list

    Posted: 27 Apr 2019 07:42 AM PDT

    Off-White

    WTAPS

    Nike

    Kith

    Obey

    Arsinity

    Supreme

    Kanati

    10 Deep

    Stüssy

    Blvck Scvle

    Palace

    Heron Preston

    Vetements

    submitted by /u/BLiIxy
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