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    Helping Each other Entrepreneur

    April 07, 2019

    Helping Each other Entrepreneur

    Helping Each other

    Posted: 07 Apr 2019 02:53 AM PDT

    I've been dropshipping for close to three years now. I have made way over a million in sales ever since I got the groove of it all about 13 months ago.

    There are people charging thousands of dollars to teach this stuff but all I want to do is connect and learn new things. For example I am going to skype some guy I met on Reddit sometime next week. He'll teach me SEO and I'll teach him all about dropshipping.

    Let's help each other grow. The world is always changing and we need to stay ahead of it. If you have any particular skill (preferably e-commerce) pm me and we can discuss how to network the best way.

    submitted by /u/raji190
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    37yo- 17 years in business- Some more of what I've learned

    Posted: 07 Apr 2019 06:21 AM PDT

    I made a couple of posts a while back and they got me thinking.

    Ive become quite introspective recently, probably because Im going through a lot in life including a major home renovation while trying to bring up 2 young kids, a couple of changes in my business/career and running another business which sells online in another country.

    As I mentioned briefly in those other posts, I've learned mostly from direct experience and practise but also from observing those others I have worked with and for. I learned a little from books but I advise mostly against it now if Im being honest.

    Don't get me wrong, books are invaluable and learning from the past experiences of others is the only way to truly learn about and navigate our way through life and business without taking too long about it. But that said- not one of the people I know reads business books- I know these guys very well and know it for certain (helped by the fact that a couple of them CANT read!)

    Todays little post then is just to provide some advice that relate to a common theme I've seen on here and others more so than usual recently.

    Instead of asking 'Which Business(es) Should I start'….. ask yourself 'What Strengths and Skills do I want to build and use for the rest of my life?'

    Well let me start by saying that while wanting to start a business is both a noble and worthy aim- I think you're better off trying to figure what skill set you would like to develop AND THEN go and start the business.

    There is no one particular industry that you will fare better in over an other when you boil it down. My own successes and that of the people in my social and proffesional circles are quite varied and have changed over the course of our lives so you can probably really just choose any other than something that is obviously in its sunset years.

    I try to avoid using specific examples of high achievers but when you look at successful people across all the spectrums from 100k a year mortgage free guy through to billionaire, many of them have had their fingers in several pies over the years and have often had success in a couple or more different industries.

    What they mostly have done is developed a particular skill set- they figured out at some stage (not always early on either) what they could make money from. They didn't always enjoy it and they weren't always that good at it (trust me- several of the most successful people I know are not the best at what they do by a long way but they nearly always have a good work ethic and they don't mind asking for the higher price- Im going to cover these and a few other mental models in another post)

    - One of them is a marketer and has made millions from selling waste removal services- he's never driven a truck or emptied a dumpster by hand but he knows how to find people that need it doing and get someone there to do it for them. He learned his trade as an employee for a bank. He wasnt a marketer at the time but he became one and got good at it. He often says all successful banks do is market themselves better than the rest at their ideal customer.

    - One of them is a salesman- he can't market for toffee but he will gladly turn up at peoples stores and restaurants without an invite and get them to buy the ice cream he sells. He then turns up a month later and gets them to buy some more.

    He drives the freezer van himself and loads the customers freezer by hand. He's now in his fifties and became a millionaire from it in his early forties. He used the difference between his credit line from his suppliers and his cash on delivery terms with this customers to buy properties in the mid to late 2000's. He sold some of them at the peak and used the funds to pay some of the others off. He still rents the rest out to this day. He learned his trade from a national wholesale company and left to buy his own first van in his twenties.

    - One of them is an accountant, a bean counter. He's bought and sold several businesses- his recent venture was a haulage firm, he's in his seventies and this is likely his last one. He bought a large share of it with no money of his own down for around a couple of million. He sold off the trucks and leased them back.

    He used the cash to buy a rival in the lower half of the country and did the same with that one. He then stopped supplying services to the bad payers/ too much hassle accounts and used the spare capacity to do more work for the better ones- He sold his share to a bigger rival a not quite 3 years later and made 2 million profit for himself. He doubled the wealth of the remaining partner in 3 years!

    His first 20 years of work was schlepping up the ranks of a mid sized accountancy firm.

    - One of them is a programmer- He used to write/ edit automation software for manufacturing/ oil and gas companies and charged as much as he could on each job. He saved hard and put the money into shares and houses. He became a millionaire in his forties and then sold the company. He now works a few hours here and there and charges 1k a day when he does. He now plays a lot of golf but again spent his first 10 to 15 years working for an employer- skilling up & refining his programming skills.

    - One of them is a logistics guy that specialises in chemical storing and transport. He started out at the floor level of a chemical company and left about 5 years later to work for one of their customers. Just before he was about to leave he had the idea to suggest to the owner of the company he was going to that he would remortgage his house and put up half the capital to start a small offshoot company providing the service to his new employer but as half owner.

    The owner agreed and they started the company- basically storing chemicals for theirs and other companies. He also became a millionaire in his late thirties/ early forties. The previous owner and he have started several other 'offshoots'.

    He's uneducated and relies heavily on accountants etc- he's a logistics guy though and knows it inside out.

    One of them is an engineer- He's dyslexic and doesn't use email/ smart phone etc. He's just retired after doing his last job on site. Its my pleasure that I was on that job with him and it is to him who I owe a good chunk of gratitude for my own success. Its his business that created the opportunity for me to create mine.

    He worked hard and charged for it for 4 decades- he's now hanging up his tools and is living from his stocks, pensions and property income- he is a low singles millionaire. He lives in a small but nice house in a nice area and spends most of the year on holiday with his wife. He's a very happy guy.

    His first 15 years were working for others in the mines and steel mills. He started out on his own when one of the big recessions hit (80's I think) and he was let go. He approached his own mill to work here and there as contractor and did the same with others in the region. He built a steady customer base and served them and others around the country for the next 40 years.

    I could go on to write about 30 or more people I know either personally or proffessionally (a lot more through business etc) but it would more or less be the same for all of them- they have a strength and use it.

    The only difference between them and the rest of the people I know is:

    1. They know and use their strengths wisely- all of them do this consciously I think.
    2. They own the business they work for and hence get to keep the profit margin.
    3. They are 'good workers'. ie They do long days and put work first. They dont hide or shy away from the dog work, they just get it done and out of the way every time.

    When I see people say things like 'should I start an amazon/ drop ship/ other ecommerce store', or should I do pressure washing, should I open a store/ coffee van etc etc etc- My first thought is 'What about that do you want to do?'

    If you are thinking of starting something online, I seriously think you could do well with just about any product you cared hard enough about to learn about- but the main point is what skills will you apply to you online business.

    What you should be thinking about is: What are you personally going to apply to the problem as your own particular advantage. Are you going to be an excellent marketer/ logistics guy/ accountant/ purchaser/ salesman/ engineer etc.

    You can only do so much yourself so what are you going to do and what are you going to farm out?

    Choose this 'skill set' (or let it choose you over a few years) and take it from there- that's my advice.

    submitted by /u/badgermilk28
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    $600/month with an ecommerce plugin [side project].

    Posted: 07 Apr 2019 09:15 AM PDT

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

    Today's interview is with Joshua Howarth of Wheely Sales, a brand that sells exit popup app.

    Some stats:

    • Product: Exit popup app.
    • Revenue/mo: $600
    • Started: October 2018
    • Location: Yokohama
    • Founders: 1
    • Employees: 0

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

    Hi! I'm Josh and I created Wheely Sales, a lucky wheel popup that works on any e-commerce platform. It's basically like the Wheel of Fortune from the classic TV game show) - but fully customizable for your online store!

    For a chance to win a prize or discount, visitors enter their email address and spin the wheel. Since it's something fun and different for users, it has much higher opt-in rates (~12%) than regular exit popups. I also conform to the "eat your own dog food" premise and use Wheely Sales on its own landing page! :)

    I've grown revenue from $0 to $600/month in just 4 months since getting started and over 1.1 million people have seen the wheel on my customers' websites in that time.

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

    I have a background as a freelance software developer which has allowed me to bring various new app ideas to life in the past few years (in the time between other app development gigs).

    But before Wheely Sales, all of my own personal app projects either had zero product/market fit, or worse - I had no actual clue how to monetize them. I built them simply because I thought they were a cool product that nobody had done before. Or I thought they had a chance to become huge. "Monetization will come later", was my go-to thought.

    My best example of this is Etherest which is an API that lets you interact with the Ethereum blockchain. It reached the first page on Hacker News for 24 hours and then interest generally fizzled out.

    I learned the hard way that if nobody has built anything similar yet, it's probably a big red flag. Competition is validation. And you need to know how your product will make money in month 1. So my new plan was to find existing successful products that have proven the market, but that might not serve all the market. Which is where I could step in.

    I did my research and noticed the lucky wheel popup format had started appearing and worked really well at converting traffic. Both Spin-a-sale and Wheelio on the Shopify app store had hundreds of great reviews. Even on StarterStory, Eddie at Flyby mentioned how Spin-a-Sale "was the driving force in our email growth" and was converting at 12%!

    But they were only available as a Shopify app. Other huge platforms like WooCommerce, BigCommerce and Squarespace were not provided for. For me, this was enough validation to just go for it! So I built Wheely Sales to be compatible with ANY website/platform and fill this gap in the market.

    Take us through the process of building the product.

    It took just over 1 month working full-time to code up the initial version of Wheely Sales. This was time I had between finishing a previous software contract and looking for my next freelance gig.

    The app was originally lacking some functionality that might have been considered essential. For example, users had to customize their wheel prizes, text and branding but they couldn't preview or test the wheel before putting it live on their e-commerce store in front of customers! But I just had to get something out the door and in front of potential customers to see if it sticks. This was my big concern.

    As a developer used to locking myself in a room and building things, I didn't know how to reach, market and sell to people. If I could figure out how to do this.. well then I could justify working on the app's code and feature list some more.

    The wheel pop up itself consists of plain old javascript files and assets. The most complicated part of this was the spin physics, but I actually found code to do this for $15 on ThemeForest which saved a lot of time.

    Then, I overhauled all of this code so that it's fully customizable to any customer's brand colors, logos, and text. The most time-consuming part was ensuring that it all adapted to mobile screens, worked across different platforms (Wordpress/BigCommerce/Shopify/anything else) and across all the different browsers (Chrome/Safari/Firefox/etc). This was quite a headache to achieve!

    Finally, I turned all this into a super simple 1-line script that anyone can paste into their site and install in two minutes just like Google Analytics.

    The Wheely Sales backend runs on Express.js and uses MongoDB. And there's also a user dashboard for wheel customization, leads collection and data analytics (which uses MeteorJS and React).

    Describe the process of launching the business.

    There wasn't really a big launch for Wheely Sales. I did consider how I could launch it - my ego wanted to for sure! But I didn't see how it would really help. The usual places people launch are Hacker News and Product Hunt as far as I'm aware.

    But these audiences don't exactly align with my target audience for Wheely Sales which is ecommerce store owners. I suppose I could have launched with an ad campaign, but I didn't have the funds for this!

    I'm also a little biased from my experience launching my app Etherest - it attracted a few thousand site visitors from a "Show HN" post on Hacker News that reached the front page for 24 hours. But the long-term impact of a traffic spike like this can sometimes be pretty underwhelming and frankly demoralizing.

    For Wheely Sales I did however set up a slick looking landing page using Webflow, with a video demo of the product above the fold as soon as you open the page. I knew that I had to have visitors at least see the product in action if nothing else before they left the page.

    I increasingly find with other product/service websites that you sometimes can't immediately figure out what they're actually selling - and I'll be damned if I fall into that pattern!

    Wheely Sales has subscription pricing with a 10-day free trial. The free trial is very effective since users get to see real results within days and can then justify the cost with the huge numbers of email subscribers they convert. I decided to price by the number of wheel views since this scales well with both the cost of serving the popup to more web visitors and also the value attained by the customer with more views/subscribers. There are three pricing tiers:

    • Small Business plan: $29/month for up 25,000 wheel views

    • Medium Business plan: $99/month for up 100,000 wheel views

    • Big Business plan: $299/month for unlimited wheel views

    My first paying customer was an absolute breeze - I woke up one morning with a payment confirmation email and that was it. It's a really strange transition to selling a product rather than time. Where someone you've never met, spoken to or even messaged pays you (from Italy in this case) and you didn't actively do anything for them specifically. Occasionally things go wrong though and my second customer wasn't so smoothly acquired! After helping to onboard and install them on BigCommerce at midnight due to time differences, I had to quickly debug and fix the wheel in Firefox which looked like this...

    I use Intercom which is great because it gives you a live chat interface to onboard potential customers. But at the same time, this real-time nature (especially the 'seen' notification!) really turns up the heat in times like these.

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

    My target customer is any e-commerce store owner actively looking to improve their email opt-in rate and grow their email list. And since Wheely Sales runs on any ecommerce platform and most people want more email subscribers, this is basically everyone!

    I attracted initial customers using email outreach and forum/Facebook group participation. I would specifically find websites using adjacent plugins that also help conversions/opt-ins and then reach out. This works because these are people who are proactively trying to improve their website conversions and are also willing to pay for a solution.

    To breakdown the process, for example I found social proof apps like ProveSource or opt-in bars like HelloBar. Then you can use sites like NerdyData to find which websites run these plugins, and then visit each website to assess the prospect's potential. If good, then you use Hunter.io to get their email address and reach out to them explaining how you can help them specifically. With cold emails like this, the trick is quality over quantity, concisely explaining your value and making it about their business not your product.

    Facebook groups have also been a source of some leads, but you have to regularly participate in a non-promotional way and provide value, or you will get banned for marketing almost immediately. Specifically, I find interesting articles that my potential customers would find valuable. I then post a summary of these to ecommerce groups and reply to any comments or messages. I'm not directly posting a link to Wheely Sales in the group, but I get 5-10 people every week who message me directly in response. I've been able to start a conversation with them and sometimes I can recommend Wheely Sales as a way to grow their ecommerce.

    A big part of attaining and retaining users has been providing great customer support. I try to respond ASAP to any messages that come through Intercom. This is especially important since the app needs to be installed on customers' online stores to get started. I've found that the customers I interact with the most via Intercom generally go on to be the most satisfied and loyal customers!

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

    As a bootstrapped app most of the $600/mo business revenue is profit and it's growing slowly month on month.

    But it's been critical to carefully manage and monitor costs since Wheely Sales is bootstrapped and served to hundreds of thousands of web visitors per week. For example, I was using Amazon S3 initially to serve static assets, but after a big website with 3 million views per month installed Wheely Sales I quickly noticed $50/day AWS costs. I promptly moved to serving these assets behind Cloudflare's CDN! Despite this, I still think it's better to get something out there initially and worry about scaling issues when you actually get to scale as happened here.

    The two priorities going forwards are expanding the product's feature set and also exploring new customer acquisition channels. I've recently added Mailchimp and Zapier integrations, and I'm currently listening to customer feedback to prioritize what's next. The real challenge is figuring out how to reach the next order of magnitude in terms of customer acquisition, so in the next few months I'm going to start some small experiments with Facebook ads and other paid channels.

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

    I've learned so much, but one piece of advice I don't hear too often elsewhere is to say no to user feature requests that take focus away from the core value proposition. This is even harder when the feature might convert them to a paying customer! But if you try and cater to everyone you actually cater to nobody.

    For example, I added a feature that lets you provide a prize URL link instead of a coupon code as a wheel prize. This would allow blogs to use Wheely Sales with their lead magnets such as ebooks and other free downloads. But very few customers actually ended up using this feature and now it potentially distracts and confuses new users. So avoid feature bloat!

    Another big one is to always follow up with leads that have gone cold. You may think that you've lost them and shouldn't pester them, but from my experience people just get busy and forget. They actually appreciate the follow-up, it shows you're serious and they convert more often than you'd expect.

    What platform/tools do you use for your business?

    • MeteorJS & ReactJS - the web stack I know and can build things fast with

    • Digital Ocean - for file storage (9x cheaper than AWS S3!)

    • Google Analytics - of course!

    • MailChimp - email onboarding (they have a generous free plan)

    • G Suite - Drive and email

    • Cloudflare - website speed & caching

    • Webflow - landing page (less bloated than Wordpress)

    • Intercom - customer communication & onboarding

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

    I can honestly say that both IndieHackers.com and StarterStory.com have been tremendous for providing me real-life examples for inspiration, motivation & learning.

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

    You don't have to make the next new shiny billion dollar app. You could instead take a product that's already working and serve it to a new market in a different way.

    Also, persistence and patience are key. This is something I personally find difficult to remember. You may get stuck at particular revenue levels and customers may fail to convert, but if you keep chipping away then you'll get there.

    Where can we go to learn more?

    If you have any questions or comments, drop a comment below!

    Liked this text interview? Check out the full interview with photos, tools, books, and other data.

    Interested in sharing your own story? Send me a PM

    submitted by /u/youngrichntasteless
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    First few essential books for young entrepreneurs

    Posted: 07 Apr 2019 01:03 PM PDT

    Hi All,

    I'm sure we all have quite a few books on our reading lists, I still have a stack as tall as me to get through.

    But if you were having a talk with a first time entrepreneur, what would you say are the first handful of titles for them?

    I think we all have Rich Dad Poor Dad, 7 Habits, How to win friends and Influence People, and maybe Think and Grow Rich. But what types of maybe one-off books struck a note with you?

    My new favorite on Audiobook is Tim Ferriss's The 4hr Work Week, being how elementary and fundamental it can get.

    I also always start people off with The Power of Habit, and The Power of Now.

    Interested in your lists as well.

    submitted by /u/Csauter36
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    Where I can scan my website on broken links?

    Posted: 07 Apr 2019 10:48 AM PDT

    Crazy ideas?

    Posted: 07 Apr 2019 07:37 AM PDT

    I have tried to start businesses since I was a tiny child. One took off well, breeding and selling reptiles. But that got very saturated and i eventually couldnt get the new morphs and lost a lot, anyway, I also have always wanted to do something regarding science and engineering. But want to build my own business preferably, and I had this idea for a astroid mining company like 2 weeks ago now I cant stop thinking about it. The tech wont be here for a decade at least but does anybody else have these ideas for insane companies that would require a government sized budget and research and do you ever think you could actually start it?

    submitted by /u/MycologyPsychology
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    i want to try to help out earth

    Posted: 07 Apr 2019 10:03 AM PDT

    i want to start making money so i can invest it into things that will reduce carbon emissions thus slowing down climate change and hopefully stopping it. but the thing is, i'm a 18 year old guy that's about to go to college and i only have $300 to my name.. i want to start a little business to raise money but i don't know what to do exactly... and i'm afraid that i'll fail... i want to think about the future and not get scared, and i feel like i should try something instead of hoping it will get better. do you guys have any advice??

    submitted by /u/skeletorisbae
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    Logically I want to work hard but it just feels miserable and I don't want to, what do I do?

    Posted: 07 Apr 2019 07:40 AM PDT

    Lately I've been falling into a rut, I still get the stuff done I need to get done but it just feels like a miserable grind. How do I get the motivation back to work hard? Or is this saying something that I'm not seeing? I hate these feelings and I find with programming it's hard to just "make" myself do it.

    submitted by /u/durantt0
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    Did anyone take the leap from a cushy salaried job to being self-employed?

    Posted: 07 Apr 2019 02:00 PM PDT

    How did you do it?

    Did you build a business on the side and then leave your day job?

    Did you save up a bunch of money and then quit?

    ​

    I make a comfortable amount (~100k) but my day job consumes 50-60 hours a week and leaves me drained of energy.

    My long term goal is to own my own business. I've started two that failed (both times my business partners flaked out on all responsibilities about a year in).

    Now I'm trying to build one alone but my day job leaves me drained with little time to focus on the side. I'm trying to figure out how others built up the confidence to leave their day job.

    ​

    ​

    ​

    submitted by /u/Chabubu
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    Discussion: There is SO much potential here for people to work together! How can we foster this ? Even join together to start projects?

    Posted: 07 Apr 2019 01:48 PM PDT

    Every day I read posts on this sub-reddit about people who want to start a new business, even have money to put into it, or looking to join a project. I'm also looking to start a new project, and even would like to currently discuss it with interested individuals.

    I definitely have a few ideas to possibly help get people together. But i would love to hear from people about THEIR ideas on how to go about this online also.

    Trust is a huge part of this. For instance , I would love to blurt out my new business idea, I think it could be huge if implemented correctly. But I don't want to shout it out online , simply because someone with a little money to invest could take it and run. This isn't most business ventures I understand, most are not even CLOSE to unique and shouldn't hinder anyone from starting it.

    My first thought would be to start regional sectors grown from this sub (i'm in Los Angeles ), big cities, where people could physically meet up, discuss their start-up ideas, and come together to build projects. Every project needs different talents and experience. B2B, marketing, design, SEO/web + tech,.. funding!, etc etc. I do understand these exist , but I want to get the people looking online in this sub to be able to meet.

    If this sub-reddit also had local connected subreddits , example r/LAentrepreneur, where people could express what team members they're looking for in hopes to facilitate a team, and meet-up. Or maybe a different sub-reddit that IS international but only about joining people together, remotely, and left up to the person starting the post to get NDA or not (depending if applicable) through email contact after the post.

    I do understand that most ideas will not be unique, and tons of room for competition, and shouldn't stop anyone from starting it. But there are some unique ones that could have LOTS of potential that are started with sweat equity, that could easily be taken and cause hardships for the original team behind on the endeavor. My new idea though, not only is unique, its easy to implement for almost no cost, and the market is , well all elderly or at least 50+ in age, which is not only HUGE obviously, but also endless as time goes on. This scares me to express this online with such a big community.

    This is my predicament right now. I have a fantastic idea that i would love to discuss with people here in hopes to find a person, or team, to help implement this, that also believe that this could be as big as I do. But I don't have a means to do so in a trust worthy way.

    Any insight or ideas would be helpful! Just want to start a discussion.

    ----------

    (if interested) About my idea: If anyone is interested in hearing it, please PM me, and we can discuss through email. ? This is my best thought to go about this. The idea is extremely easy to implement, requires no or little money, mostly web based/digital, has just about unlimited market, and my research shows no one has thought about even doing it. I also already bought 2 domains that would be great for the company so i can snag them up before anyone else ;).

    ​

    Thanks!!

    ​

    ​

    submitted by /u/MrNomad101
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    College for an Entrepreneur

    Posted: 07 Apr 2019 01:25 PM PDT

    I'm curious to know what this sub thinks about college for a young entrepreneur. I've been browsing some threads and people seem to have mixed opinions.

    To be more specific, would you recommend going to business school for the young entrepreneur?

    submitted by /u/Thundr3
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    Selling my business

    Posted: 07 Apr 2019 01:22 PM PDT

    This is my situation:

    I own a successful business in a prime real estate area, and I have a two years left on my lease. Recently, I was approached by another restaurant that wants my space to move into because it is turn key ready and they are having a hard time finding something in the area (been looking for a year now) The question I have is...if I negotiate with them to sell, do I sell them what the value of my business is or will it be much less because they are not buying my business and just the space that I'm in?

    submitted by /u/hostelkid
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    Self development books

    Posted: 07 Apr 2019 01:20 PM PDT

    Hi, do you have any good book from a successfull entrepreneur where he/she is writing about mistakes to avoid, tips... Thank you.

    submitted by /u/speedyspeedb0i
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    Clothing Brand startup

    Posted: 07 Apr 2019 07:17 AM PDT

    Hi! I want to start a clothing brand, active x lifestyle. It will be a fitness combined with lifestyle and streetwear. Even if it s a fitness brand i will make some oversized hoodies and t-shirts because this is my vision and this is my style in the gym.

    I need some advice, i will find a job and i will save some upfront capital like 1500$, I have made the designs for 2 t-shirts ( i will buy bella canvas) and a sleeveless tee. I m not going straight to cut and sew because i need to test the market.

    I will start locally and when i say locally i mean locally, i m from Romania ( small country in Europe) and i want to start the brand in my city ( 230.000 people). I´ve built my customer profile i have a lot of friends (bcs is a small city) and i will give them free stuff for Instagram posts and free shoutouts + a lot of gym buddies that will wear my brand and tell their clients + i kno´some stuffs about marketing i know how to retarget people with fb pixel and create custom audiences.

    Just want to create a hype in my community like some pays some pretty girls to spread flyers at gyms with a some discounts.

    ​

    I know that my competition is: Gym Shark, Myprotiein, etc but they´re focused only on gym wear, i want more than that.. And for the name... it s a common thing like it s very known in our generation, found the name in urban dictionary and i think it s cool. 4 letters and a ¨.¨, like BALR. I´m in love with this type of logo.

    ​

    For the designs i keep it simple with only logo + inside label, in the future i have a lot of ideas with cut and sew manufacturer.. Give me your opinion and give me some advice.

    submitted by /u/razvanrzvvv
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    Facebook Ads - Optimization for ad delivery - Conversion Campaigns

    Posted: 07 Apr 2019 12:53 PM PDT

    Hi guys,

    Apologies if this is the wrong place to post this but was looking to see how other people are setting up their Facebook ad campaigns.

    For the past few months, I've been running conversion campaigns but at ad set, under the optimization and delivery heading, I am currently optimizing for link clicks and have chosen to be charged when someone clicks the link instead of impressions. So far the results using this have been decent and the budget seems to be well controlled as CPCs are pretty low. I was just wondering to see if the results would be improved further if I selected the optimize for conversions choice and paid based on impressions instead?

    Would be great to see which method has gotten you guys better results in your campaigns. The main overall business goal is conversions.

    Thank you.

    submitted by /u/grainysounds
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    Signs that you are not cut out to be an Entrepreneur

    Posted: 07 Apr 2019 08:34 AM PDT

    We all have been there at some point in our life where we dreamed of doing something different. Many of us dream of starting our own business instead of being an employee. However, for the majority of people, it remains a dream as they are not able to act on it for various reasons. Ever wondered if YOU have what it takes to be an entrepreneur? In my experience, following signs are a strong signal of you just thinking about it rather than likely to act on it:

    1. You just don't have the itch. I think this is the biggest difference between people who take action to become an entrepreneur vs. the ones who never do. The itch. Does it hurt you every morning that you are NOT an entrepreneur when you wake up and get ready to go to your regular job (good or bad). It has to itch. So bad that it should leave a rash (not literally of course:). But you know what I am talking about. If it doesn't itch, forget about it. For entrepreneurs, being able to do something is a must-have and not nice-to-have.
    2. You don't take risks in life. This is huge. To do anything different in life much less being an entrepreneur, you need to take Risks. You need to get out of your comfort zone and take that leap. It cannot be guaranteed. You always to be willing to risk losing things. If you are not a risk taker in general, chances of you running a business on your own are very slim.
    3. You "analyze and paralyze" everything. In other words, you are not decisive (sometimes related to #2). Entrepreneurs have to make a lot of decisions, sometimes not ideal. You have to go with the information you have at a certain point of time. You cannot wait for the perfect situation. Of course, don't be reckless but at some points, you gotta decide.
    4. You are ok with Status Quo. You complain about things but never take action to fix them. Entrepreneurs mostly solve a problem that they themselves had. They hate status quo.
    5. You never see an "opportunity" in a "problem". Even if you cannot solve all problems, an entrepreneur's brain is always wired to think of ideas out of problems they face. Do you ever have thoughts like "Man, I hate this traffic. I wish I could build an app that gives me the best time to drive". Instead, do you just say "Man, I hate this traffic. Can someone do something about it please?". If the latter, then it is unlikely you think like an entrepreneur. This one sounds a bit silly but think about it.
    6. You love to spend money on recreational things only. Entrepreneurs love the "consumer" types who only spend money on things that have no value in return except recreation. The question is: do you want to be the entrepreneur/producer or the consumer ? Entrepreneurs only spend money when it helps them get something in return (few exceptions of course). Otherwise, you will never be able to value money which means you can never invest it properly to create something big.
    7. You give up too easily. You don't have the drive. Don't confuse this with passion which is an overrated word in my opinion. Let me explain further. Do you feel strongly about anything? Have you ever wanted to get something and gone after it hard ? Have you ever refused to give up on something even though it seemed unrealistic at the time? If never, you are probably not cut out to be an entrepreneur. You have to be a bit eccentric and driven to go after things.
    8. You don't break the rules. Don't confuse this with breaking the law but entrepreneurs do things that other don't. It means that sometimes they will stretch/bend some rules. That is how they create something different.
    9. You don't ask enough questions. We all get told to do something because that is the norm. But do you ever challenge it by asking "why" ? My wife hates me because I am never satisfied with the "norm" and I always ask why. It can be annoying at times. But if you don't do that, chances are you will never ask enough questions to your potential customers/employees/business partners to be successful.

    A lot of skills can be learned to become an Entrepreneur. But most of the above cannot be learned unfortunately. You have to be born with it in my opinion.

    ​

    EDIT: I am not trying to be smug or smart here. The whole point of being an entrepreneur is that they defy all norms. So I am sure you can still succeed being an entrepreneur even if you don't agree with some of my points. This post is just some of my opinion based on my own experience of being an entrepreneur for 5+ years. Feel free to disagree/agree on any of the points that I have made. I strongly feel that you must have at least most of the above traits to be able to run a business. Happy to hear all view points.

    submitted by /u/yc01
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    Experience with starting a tree removal service ?

    Posted: 07 Apr 2019 12:04 PM PDT

    I'm interested in starting a tree removal service. My real passion is to get into wood working, the idea being that the tree service would allow me to source my own materials and, ideally, provide steady work in the mean time and in the event that sales are slow for the woodworking business.

    If I'm doing tree removal to source material I think I'd be able to do it for cheaper than the competition but I'd want to stick to already downed trees or ones that are far from power lines or buildings.

    I've done some research on the competition in the area and of 5 businesses in the region, only one even has a website. I think from a marketing perspective I could be very competitive.

    Does anyone have any experience building a similar business? What kind of barriers to entry can I expect and what advice would you give?

    submitted by /u/milquetoast_wizard
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    Next best USPS compatible ecommerce shipping software to Stamps.com?

    Posted: 07 Apr 2019 12:02 PM PDT

    What is the next best ecommerce shipping software for USPS postage to Stamps com?

    I need one that will work with Shopify.

    With Stamps com, if you batch print orders in volume and your desktop software starts failing, getting it fixed by phone support can be a HUGE pain in the neck.

    submitted by /u/mtothej_
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    Job Posting and Hiring

    Posted: 07 Apr 2019 11:50 AM PDT

    I own a small business that is always looking to hire new independent contractor consultants. We have always done well in finding people but have been a little slower lately and I believe it is because of the low unemployment numbers. I am looking for recommendations on the best places to post jobs and advertise our consulting opportunities. Preferably ads/posting with a broad reach as our consultants work in their home area and work remotely. I want to maximize our ad/post budget. Thanks for your recommendations!

    submitted by /u/wsubizzy
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    Stuck in life. Want to start a business but i need advice

    Posted: 07 Apr 2019 11:44 AM PDT

    Hi! For 2 years i experimented ecom and i love it, i love the internet i love social media and i love that connexion between social media and a brand.
    I´ve lost a lot of money bcs i started different businesses in different spaces like aff marketing, dropshipping, instagram, but it´s ok bcs i learned a lot. Now i want to start a real business and i want to build a brand but i don´t know where to start and what should i do.. I mean, i wanted to start a clothing brand lifestyle x apparel, i posted here and people telling me that i will fail bcs this niche is too saturated and the competition is rough, deep deep down in me i know that i don t have a special product to offer but i think this is what i want to do build a clothing brand and connecting it with a personal brand. ( yea i kinda want that youtuber lifestyle)

    ​

    Second is that, should i watch the market and find a gap and fill it? I mean i think i can find a problem and solve it, but the thing is what if i m not passionate enough of that industry/niche?

    I m 21 i m stuck here and i don t know where to go, i mean i want to be known but on the other hand i want to have money but i want that nobody knows me. It weirdo but i think it s the age. I fight with depression and it s sucks.

    Don t get me wron in these 2 years i ve change a lot, i mean in my first year i just wanted to buy a fancy car and that s it, now i don t give a fuck about any car or fcking big brands like gucci and shit, i just want to build something big with my own 2 hands, i m afraid of average.

    submitted by /u/razvanrzvvv
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    Drop shipping from China

    Posted: 07 Apr 2019 11:42 AM PDT

    Is it possible to drop ship from China in english or will the label be in chinese? Anyway around this?

    submitted by /u/mikael122
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    Stamps.com: How do I fix error code 0x0045011c (or 4522268)?

    Posted: 07 Apr 2019 11:31 AM PDT

    Have any Stamps com users (of the online version) ever come across this error code while trying to print an order from the batch order screen?

    Total value of customs line items cannot exceed declared value. SWS IM exception code 0x0045011c; module 69, category 1, item 28. Please try again.

    It's for an order going to Canada.

    I'm just about through with Stamps.com tech support. I always end up being transferred multiple times to someone who sort of knows what they're doing.

    Thanks in advance.

    submitted by /u/mtothej_
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    How to monetize an instagram account with 7.5k followers?

    Posted: 07 Apr 2019 10:13 AM PDT

    Hi guys,

    Looking for some advice with regards to my instagram account. It is an anime niche with a little over 7.5k followers (PM me if you want to take a look) and would like to eventually begin monetizing it.

    I currently have a redbubble account linked in the bio but I've gotten no sales from instagram specifically, albeit I've gotten a few sales from redbubbles own marketing.

    I've noticed likes to followers ratio is pretty high, getting around 1-1.5k+ likes for most posts however that is mainly due to my post blowing up on the hashtags that I pick. On posts that get no/little traction with hashtags I get ~400-600 likes, but it is pretty rare that I get no traction. I believe that this means my overall engagement rate is not reflected well in the posts that get 1k+ likes as this is due to hashtags and not necessarily my followers.

    I also understand that 7.5k isn't a whole lot of followers. If 7.5k isn't enough to begin monetizing, how many followers should I grow to to start?

    Thanks

    submitted by /u/tim12321
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    Am I reading too many books ?

    Posted: 07 Apr 2019 09:51 AM PDT

    I just want my ventures to be better when I start them.I have read 7 buisness related books since previous year.I know I am losing time doing this but I just don't know where to go and where to start.Hence feeling really confused.

    What shall I do?

    submitted by /u/memeeboi3
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