What are some good side hustles? Entrepreneur |
- What are some good side hustles?
- Started my own company
- App that teaches people how to use their phones
- If I was in the EU I'd be selling Air Conditioners
- So tired of only 9-to-5 friends! How do I meet some of you? Or.. how did you find a co-founder?
- Is 20% a fair commission for a salesperson/project manager?
- How do you define "getting rich?"
- What steps do you take to look after your physical & mental health as an entrepreneur?
- What’s your oppinion on not taking any commision from first users of a marketplace?
- How long did it take you?
- What are the best ways to monetize a website that provides a free service to a specific market?
- Are there any free alternatives to the G-Suite email system?
- How do you build a live chat bar like Intercom.io, but for video?
- What do I do with 20k?
- Does anyone know the “dark work” of power washing? As in the stuff people don’t talk about it?
- Could someone review my understanding of public disclosures of patentable ideas?
- How to change pricing with a client
- Offer to Buy-In to My Company, Looking for Advice
- I do improv using classical guitar, need ideas
- Anyone interested in a Entrepreneurship Mastermind group chat?
- Criticize my idea, please?
- Adjustable Tees
- What to do with warehouse for a year?
- Amazon MCF: Will products be visible and can be purchased through the Amazon website as well as my own website? How is this not way more economical than using FCB to sell through Amazon?
- Experience with exposing industry secrets for money?
| What are some good side hustles? Posted: 30 Jun 2019 07:07 AM PDT I just moved out of my parents house to a whole new state, Oklahoma 🤠. I've already landed a job here but I would like to have a side hustle to make extra money to support my hobbies. I've already looked into doordash, Uber, and Lyft. Unfortunately my car is too old to qualify to drive for Lyft or Uber and doordash isn't popular enough to take on new hires. So I'm wondering if y'all have any other ideas. I'm already in crypto/stocks, but I would like to have another steady flow of income. I used to push pills and bud back in my hometown but I'd like to get another hustle going other than that, any suggestions? 😊 [link] [comments]  |
| Posted: 30 Jun 2019 01:53 PM PDT Hey guys - Matthew Walters here - founder of a new footwear startup called CODDI™ (www.coddi.co). Thought I'd share my 2-year story / some of my #'s with you guys. Happy to answer any questions as well - always here to help when I can! Story:
Some fun stats:
Timeline:
Biggest hurdles:
Best things to come from this experience thus far:
Last thing as well: Thank you to everyone in the community - I'm here lurking all the time learning something new every single day. Keep posting! Keep sharing! Such a great place to learn. Matthew Walters [link] [comments]  |
| App that teaches people how to use their phones Posted: 30 Jun 2019 08:40 AM PDT I work at Verizon and I notice that almost all of the older generations don't understand how to use their phone and wish they had some way to learn. That's why I'm considering developing a phone that teaches user to user the specific phone they have! What do you guys think? [link] [comments]  |
| If I was in the EU I'd be selling Air Conditioners Posted: 30 Jun 2019 02:32 AM PDT It's apparently hot as f**k at the moment in parts of Europe. I remember being in Germany a few years ago with temps not dropping below 30c overnight. The apartment buildings are made to hold heat not cool down and that together with not being near water/wind meant totally uncomfortable sleep and generally sleepless nights. I went into town in Dresden looking for a small AC unit and it was impossible to find anything. Hell I would have even used a fan but they were all sold out. Just my 2 cents. [link] [comments]  |
| So tired of only 9-to-5 friends! How do I meet some of you? Or.. how did you find a co-founder? Posted: 30 Jun 2019 07:57 AM PDT Alright, a bit of an exaggeration on the tiring part but the substance is true. After more than 12 years of corporate life I got tired of being in that soulless system and want to build my own business. I have saved a little amount and have some simple ideas and lots of enthusiasm, but all my friends are looking for job security and "boring" work lives (by my standards, but I say this with respect). I found that when I speak about ideas, a lot of people will entertain the conversation, play dream scenarios of what they would do, but when the time for action phase comes up, they step back and revert back to their comfort (and complain about their work etc..). So I started searching.. haven't been on Reddit for ages and I just found out about this group: it looks awesome. Kudos for being here: having a peer group that 'keeps you real' is so important! So my question(s) to you is: how do you network with other like-minded people, if they are outside of your regular group? [link] [comments]  |
| Is 20% a fair commission for a salesperson/project manager? Posted: 30 Jun 2019 02:12 PM PDT His responsibilities: Finding clients, closing deals, managing expectations, getting client's requirements, writing down what's needed (so I can do the work or delegate it), communicating with the client from start to finish. He is the face and contact point of the agency for the client he found. I wrote project manager in the title for him, but he is not actually a project manager, I am. But he knows enough to be able to manage expectations and close deals, which is quite a bit. I'll be guiding him so he can increase his efficiency. I'll find the leads. I'll provide the training material for him. What's not his responsibility: Branding, web development, web design, design, content creation, marketing, SEO, delegation, accounting, hosting, server side, etc.
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| How do you define "getting rich?" Posted: 29 Jun 2019 05:50 PM PDT How do you define "getting rich?" Whats your amount? [link] [comments]  |
| What steps do you take to look after your physical & mental health as an entrepreneur? Posted: 30 Jun 2019 04:31 AM PDT How do you maintain your physical health, if you do? And your mental health, do you see someone to talk with? If not, why not? How do you look after yourself? [link] [comments]  |
| What’s your oppinion on not taking any commision from first users of a marketplace? Posted: 30 Jun 2019 06:35 AM PDT I'm thinking of developing a marketplace for a tight niche of web design products. Since it will be pretty specific marketplace while there are a lot of marketplaces for a wide randge of web design products I'm thinking to not take any percent from the first sellers that will make money through it in order to establish an initial set of products. I'm thinking no one will start selling through a new marketplace if they can sell through a big one already established one. After the first few products (~15) will be posted I'm gonna start taking a commision from every sell someone makes (that's how a marketplace works right?). What do you think of this approach? [link] [comments]  |
| Posted: 30 Jun 2019 06:56 AM PDT Until you started generating revenue as a deep tech based company? We are developing a new technology for a year and 8 months now, and we suspect to need another year before generating any revenue. Does that sound reasonable? Or are we too slow? [link] [comments]  |
| What are the best ways to monetize a website that provides a free service to a specific market? Posted: 30 Jun 2019 05:01 AM PDT I have an idea for a website that will provide a free service to a specific market. The service/website will see users in this market submit information and return a result that is beneficial to them. This site has the potential to be relatively high traffic with repeat usage. Am I right in thinking that the best way to monetize the site is to sell a "premium" product that is better than the free version. Is advertising the way to go (Adsense etc) Should I be using ad space to market a relevant course or something to these people to help them improve their skills in the area this website targets? A combination of all of these things? Many thanks [link] [comments]  |
| Are there any free alternatives to the G-Suite email system? Posted: 30 Jun 2019 02:50 PM PDT Hello everyone! I know this isn't related, but being a more hands on website developer, Shopify has been a really big pain with constant complications, and with just a horrible UI. With all that, its also worth the most amount of money to host. Although it does offer domain-based email addresses, it comes to my surprise that it doesn't host them (Literally every other one I've worked with has this option for free). I know about G-Suite, and how good it is. But does anyone else know any free alternatives that could be used to host the Shopify emails? Thank you for your time. [link] [comments]  |
| How do you build a live chat bar like Intercom.io, but for video? Posted: 30 Jun 2019 02:16 PM PDT I have the design mockups, but how do I build a chat bar with live two-way video, almost like FaceTime on a website? [link] [comments]  |
| Posted: 30 Jun 2019 12:36 AM PDT Haven't really explored the world of entrepreneurship too much besides starting a few Shopify stores which were all failed dropshipping attempts. I have the basic knowledge needed to get a brand going and have slight advertising/marketing knowledge as well. Anyways, I have collected a sum of about $20,000 and I was wondering what suggestions anyone has as far as what to do with this money and/or what to invest in. Thank you. [link] [comments]  |
| Does anyone know the “dark work” of power washing? As in the stuff people don’t talk about it? Posted: 30 Jun 2019 01:48 PM PDT I know with almost all businesses that seem pretty easy actually have "dark work" that no one talks about. Does anybody here with experience know anything that's actually negative about it? Is the profit worth the time? Is it a good idea to rent them until you can buy one? [link] [comments]  |
| Could someone review my understanding of public disclosures of patentable ideas? Posted: 30 Jun 2019 01:48 PM PDT I wrote a short list of the ways an inventor can accidentally "burn" the patentability of their invention. I'm feeling pretty confident about its contents, but I would appreciate any feedback you guys can give. An inventor must avoid public disclosures. After a public disclosure, a one year "timer" is started, during which a patent must be filed by the inventor. If a patent is not filed within this year, the invention becomes public domain. Any kind of exposure to the public counts as public use, except for three situations-
Forms of exposure that count as public use
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| How to change pricing with a client Posted: 30 Jun 2019 01:31 PM PDT Long story short, I started working for myself and my clients are realtors. I do marketing (mailers/flyers/social media) and transaction coordination (making sure all the paperwork keeps moving from contract to close). I'm pretty dang good at it and have gotten a few clients. I went from making $0 as a SAHM to $1900 in my first month- super stoked! I'm in my third month of this now. I charge hourly for marketing and a fixed fee for transactions. I initially said that if a contract fell through, they didn't have to pay me (usually, in real estate, a contract will fall through towards the beginning because of a failed loan or bad inspection). I did this as kind of a good will gesture but I have one client who has probably had 1/3 of their contracts fall through. I don't know if it's his personality or if he has bad leads (he buys them from syndicate sites) but I need to amend our agreement somehow and let him know he needs to pay me hourly for those deals that fall through. How do I go about letting him know this? I don't need him to pay me for the ones that fell through in the past but just moving forward (he just emailed me that one of his buyers is backing out, so I'd like to start with this one). [link] [comments]  |
| Offer to Buy-In to My Company, Looking for Advice Posted: 30 Jun 2019 01:30 PM PDT (Posted this in another subreddit a few days ago, thought I might get some additional insight here). So long story short, I just started a temp/staffing agency for a specific industry in my city. I've worked hard over the last several months to get all necessary licenses, start a website, logo, etc. and I've just launched, and have a couple of temps working already. My company's biggest competition is a large company (let's call it Juggernaut) that has almost a monopoly- they have been around for years and everyone in the industry uses them. The manager of Juggernaut, let's call him Jay, has been there for years and works with every company that uses temps through Juggernaut company- he is the face & point-guy for Juggernaut, he knows the industry in-and-out, and all of the hiring managers know him. He approached me. He is making a ton of money for Juggernaut Company, but he wants ownership so he can grow his own temp/staffing agency and then sell it eventually. He has given his notice at Juggernaut company and has proposed partnering with me for this new company of mine. Though he is very good at his job, things like starting the business, getting the necessary licenses, doing the taxes, Payroll, etc., he is not familiar with, which is where I come in. We had a meeting, and he wants 49%, to my 51%. He wouldn't buy-in; this could be ok with me, as he's leaving a position with a good salary plus commissions to start over. I have worked with Jay in the past (for several years), as I am a previous hiring manager in the industry and he used to provide Juggernaut temps & staff to me. He is willing to work on 100% commission with a 70% / 30% commission split of profits (in his favor) until we are making enough money to pay a salary + commissions to each of us. I'm not necessarily opposed to this- the temps at Juggernaut and the industry companies don't sign any sort of non-compete, and nor did Jay (which was foolish of Juggernaut, but so it goes). Jay would instantly bring a ton of business to us, and be able to grab a lot of temps from Juggernaut to come and work for us, as well as a large pool of clients. Jay & I both have the goal of growing and selling the company in 5 years. I want a sustainable business model so when we sell, we can wash our hands of it. Jay is older and looking at retirement within the next 10 years, so what I don't want is a situation where Jay is the face of the business and does everything from finding the temps to working with the industry hiring managers and a potential buyer sees that if he/she buys it and Jay leaves, it would be a lot less valuable as he is basically the heartbeat of the company. These are just the thoughts in my head, and I suppose I'm just looking for any general advice. I'm younger and this is all new to me (both starting my own business, which I've kind of learned on the fly), and selling/giving a piece of ownership to someone else. Is 70% profit commission too much? Should it be structured in a smarter way, maybe with a certain % of profits going back into the company and we can pay ourselves out at the end of the year additionally from that pool in case it's needed for something else? Obviously, Jay would have to sign a non-compete so he doesn't just own half then leave and still own half of my company, though having worked with Jay previously for years, I doubt that would happen (but I will take every necessary precaution). Thanks for any input, and sorry for the lengthy yarn! [link] [comments]  |
| I do improv using classical guitar, need ideas Posted: 30 Jun 2019 01:05 PM PDT Hello, I've been playing classical guitar for 11 years. I don't really like to memorize or practice melodies anymore, but I like to come up with quick things off the top of my head. Here's something else I made a while ago https://www.youtube.com/watch?v=c2XIJzb4iTE This one I came up with within about 5-10 minutes of work just now (I used Audacity with a bad mic): https://youtu.be/aMxL3fYXukI I'm curious to see whether improv melodies like this could be interesting to people, and to see if anyone has ideas on what I could do to make money with this skill I have. [link] [comments]  |
| Anyone interested in a Entrepreneurship Mastermind group chat? Posted: 30 Jun 2019 12:48 PM PDT I have a Entrepreneurship Telegram chat and I was wondering if anyone would be interested in joining it? We discuss the best ways to make money and just how to improve your life. Let me know if you're interested! [link] [comments]  |
| Posted: 30 Jun 2019 12:04 AM PDT Important to let you know beforehand I am not located in the US or a first world country. I identified my city has a very limited scope of options for rental services for parties, meetings and reunions (birthdays, weddings, etc). The craze around here are "candy bars". My plan is to buy an ice cream machine and offer the rental of this machine for a period of 4 hours for a fixed amount per attending person. Let's say an ice cream cone costs me .5 dollars, Im planning to charge 2 dollars per person in those reunions. Im also paying a person 20 dollars to serve the ice cream wearing an appropiate uniform. What are things you consider I should take into consideration? Where should I advertise my service outside Facebook? What kind of "extra" would you include? Im planning to do two services per week with a 100usd net income each, which would amount only $800 per month, but that would allow me to keep my current job. The cost of the machine is $3,250 and I would consider another $750 to buy the ingredients. Does it sound bad? [link] [comments]  |
| Posted: 30 Jun 2019 12:04 PM PDT I was thinking there should be short sleeve shirts that would have adjustable sleeves, so you could change the arm opening how tight or loose you want it on your arm. What do you think? [link] [comments]  |
| What to do with warehouse for a year? Posted: 30 Jun 2019 01:26 AM PDT Business had moved from one location to another. Still have the lease on the old location and cannot find anyone to take over the lease, so looking to hear some creative (legal) ways to make money using an empty warehouse commercial property in industrial park, with roughly 1400 square meters. camper and boat storage? event rental? interested to hear ideas [link] [comments]  |
| Posted: 30 Jun 2019 11:40 AM PDT Upfront facts:
Question 1: If I go the MCF route and list products on Amazon as well as my website, will purchases made through Amazon (and not my website) be charged the 15% fee? Or will the same fee apply as if it were purchased through my website? Question 2: The 15% charge apparently covers customer service (for things like returns), which is certainly valuable. Are there any other services you get from going FCB that would justify the 15% charge? [link] [comments]  |
| Experience with exposing industry secrets for money? Posted: 30 Jun 2019 03:06 AM PDT Hey guys I'm currently 23 years old and I've been in an pretty underground industry since I was 16. I learned a lot, i know the industry like my own body. I live the industry basically. I used to have a business setup at 18, collected experience, but now everything breaks into small pieces due to private problems and being forced to sell my still rapidly growing business to some shady people. Now I'm sitting here with almost nothing left, only my knowledge and connections in the industry. If I would want I could just delete almost all of the businesses in my area with a snap of my fingers. I know I would become the most hated person in my industry but only by the low - mid tier shops and companies. All the high tier people would be happy to see this and I have no doubt that this is where the money is. Is it worth making myself a hated person by 90% of the industry (low-mid tier) just to gain respect by the actual Creme de la Creme? Does someone have experience with such a strategy? Edit: The industry what i talk about is the Tattoo industry. I have a lot of insider info on works of specific people that are for example using tricks to lie about their quality of work, check it out in the imgur link. Or how specific people build hype around themselves without being that good and how they do it. Explaining customers how to work with artists, how to expose a bad artist or a bad tattooshop. What prices are reasonable and where they get fucked over etc. this is not even 1% of information I have and want to give to the customers. But to reach out to the masses I need to go public with that Here's the link to examples how some shops and artists are lying about their work and charge over 2000$ per session https://imgur.com/gallery/WrH1CdS [link] [comments]  |
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