Marketplace Tuesday! (July 09, 2019) Entrepreneur |
- Marketplace Tuesday! (July 09, 2019)
- The three wealthiest people I know and what I've learned from their stories
- What the Guru's aren't telling you
- Digital Marketing Agency PT. 2 - Cold Calling (No course BS)
- $250k/month selling weighted blankets on Amazon.
- Are some of the posts on here pure bullshit?
- Did anyone not have initial experience in the business you started?
- Your first customer
- My mother in law is starting a hot dog cart business and is struggling attempting to figure out how to give people quotes to people. Most of the time event holders and planners will not know the exact number of people and with her just starting out she doesn’t know how much supplies to bring!
- I have an idea for a website that I want to pursue, however, I believe there is much more to understand in regard to the business model. Where do I start if I intend to sell digital goods?
- Quick massage in business centers
- Best country for starting a business
- Health and Fitness Android App Founder - Trying to find a way to make profit
- My business is failing
- What are some solid and quick "Featured In" wins?
- I am looking for product ideas
- What makes a good company name good?
- How to move ecommerce business to brick n mortor?
- What could go wrong in giving the entire source code of a system to the client?
- About TeeSpring
- Criticize my Idea
- Un-Incorporating myself
- Anyone have a referral for a good lead generation company?
- How to deal with a big market but lots of competition?
- How do you use twitter to help your business or your job?
| Marketplace Tuesday! (July 09, 2019) Posted: 09 Jul 2019 06:11 AM PDT Please use this thread to post any Jobs that you're looking to fill (including interns), or services you're looking to render to other members. We do this to not overflow the subreddit with personal offerings (such logo design, SEO, etc) so please try to limit the offerings to this weekly thread. Since this thread can fill up quickly, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. [link] [comments]  |
| The three wealthiest people I know and what I've learned from their stories Posted: 09 Jul 2019 09:49 AM PDT The first one started out by opening a single pizza restaurant with two friends in a small town in Ohio. 4 years later he sold 30 pizza restaurants. Then he built and sold the next business and the next one after that. Now he is a wealth manager and makes a living investing for and advising mega wealthy families and buying and selling real estate and businesses. Another started making caricature t shirts of NBA players and selling them out of the trunk of his car. Ended up getting the contract to provide the NBA champions with custom T Shirts (and selling them to all the fans) when they won the title. Sold the clothing brand a few years later and was one of the first investors in the planet fitness franchise and made boat loads of money at their IPO and now buys shopping centers in major metro cities. Another started by remodeling his friends house for him in a super small southern indiana country town. Then he built a house for himself. Then his neighbor. Then another neighbor. Then a restaurant. Then a local doctors office. Now he builds, owns and leases hospitals and nursing homes to nationwide operators for $150k a month and has a portfolio of 30 of them. What I learned from them... Start really really small. Don't try to change the world on day 1. Business is like a snowball effect and it grows with time. The first step should be doing something simple and risk free with the goal of quitting your job and getting your time back. Then you move on to the next thing and the money grows and the opportunities grow. We read biographies of Steve Jobs and Elon Musk and watch shark tank and everyone thinks they need a new revolutionary world changing idea to be an entrepreneur. All of these people started out super super small and LOCAL doing things that other people were already doing. It's all about not being afraid to work hard on something others would think is boring and "unscalable". Get your feet wet. Learn entrepreneurship. Make some money. Learn to sell and interact with people and manage expectations and deal with money. Then keep your eyes and ears to the ground and make really good logical (not emotional) decisions on what opportunities you should say NO to and what opportunities you should say YES to. If you like this kind of thing hang out with us over in r/sweatystartup and let us know how we can help! [link] [comments]  |
| What the Guru's aren't telling you Posted: 09 Jul 2019 08:51 AM PDT DISCLAIMER:
In 2019 I think it is known without being said that the "digital entrepreneur" is the most oversaturated sought after title. Everybody wants to be a successful CEO and have some mega-corp and be able to fund everything you want to do with your life, I get it, I understand the dream, mine isnt far off from that either. Heres the issue though that 99% of us run into and that the "guru's" don't want you to ever realize. All of that stuff I said above? It's a pipe dream. The Guru's are doing so well because their business model is to first sell you a dream (usually the one I just described above) with cars, expensive clothes, giant mansions, etc. And then to second sell you on the "follow my roadmap and it'll get you all of that stuff". And although I don't necessarily like gurus, I'm not saying that I think they're all con artists. Some of them are selling you advice that worked for them 3 years ago, 2 years ago, 1 year ago, things have changed since then though! Even the ones that are selling you advice that is working for them RIGHT NOW, it may not work for you even if you have a super similar business but you just have a slightly different personality than them. The truth about the gurus is that unless they are able to look at every single aspect of your business, your expenses, your daily routine, how YOU'RE feeling, how desperate you are for new business, how your internet is, what kind of computer your using, etc. ALL OF THE SMALL DETAILS, they make a difference to the roadmap they are selling. What you need to do is take a moment away from all the noise, the advice, the ads, the youtube videos, take some time to step back, give your brain a reset, and think for yourself for a little bit to figure out what would work best for you! Use creativity, the truth behind business is that it's actually all super transparent and obvious. The things that work are the things that you look at and say "theres no way, that makes TOO much sense for it to work" I might just be on a rant because I'm tired of all the gurus that have popped up and are scamming people for common sense, but seriously you're the people making them rich for the common sense, you've gotta think for yourself. [link] [comments]  |
| Digital Marketing Agency PT. 2 - Cold Calling (No course BS) Posted: 09 Jul 2019 10:08 AM PDT Hey everyone, Thanks for reading and giving some feedback/criticism on PT. 1: https://www.reddit.com/r/Entrepreneur/comments/cap86r/digital_marketing_agency_making_consistent_8k_per/ I decided to make PT. 2 strictly just on cold calling because I feel people think it's harder than it actually is. Hopefully, this helps the average person out. Some of you may believe this or not but I truly want to bring value into your startups, businesses or side hustles. I've been asked how do you get clients, and how are you able to grow your business. I believe this method applies to almost every startup trying to sell something. Cold calling is probably the single greatest thing you can do as a startup to get business ASAP. I know its scary to pick up that phone and give a business you don't know a call, but if you really think about it what can really happen? They can either hang up on you or say no thanks, but just maybe they will say the single greatest word in the English language: Yes. I hear it all the time. I'm guilty of this, and I'm sure most of you that have digital marketing agencies or any type of business are guilty of it too: How can I find more clients? Things would be so much easier with clients. If I had clients things would be easier. Why can't I find clients? -- You aren't putting in enough work to find clients. It's that damn simple. Are you calling 50 businesses a day x 5 days which would equal to 250 calls a week x 4 weeks equals 1,000 phone calls a month? I'll be completely honest. I've never done that but that's the secret to cold calling. There's no magic course, magic pill or magic formula in grabbing clients. It's all about putting yourself out there. If you have read this far I would love to know how many businesses you've cold called below in the comments, and for some chance that you have done this and you still don't have clients you're either doing something wrong or you just suck at cold calling and you need to possibly hire someone that likes to cold call. This is my method of cold calling. I used my situation of moving to a different place and I joined a few chambers up here in my area. You guys can use this as you please or change it around to fit your needs. I remember calling a local eyeglass place when I first moved up here and the transcript was as followed. Some stats before going into this: *Disclaimer: This is what I got, your results could be so much different* The month of June 2019 I cold called 50 businesses (super low because of the amount of work I have now) I received 35 emails to message. I set up 4 meetings. I landed 2 clients. ( 1 website, and 1 recurring client for SEO services) Starting Call. Them: Hello! Thank you for calling <business name> How can I help you? Me: Hello, My name is Joe. Is the business owner available? (Remember to always state your name. I usually leave the name of my business out of this part of the conversation when I first start. You don't want to come off as a salesman. Remember to not sell on the first phone call. Give them value and let them know what you can do for them.) 2 Responses I normally get. Them: What's this regarding? (Explain who you are: My name is Joe and I own a digital marketing agency in the area and I was curious why your website was outdated/social media accounts outdated and then ask is there a reason for this? - This puts the ball in their court and they start to answer and give you excuses on why it hasn't been updated and then you calmly let them know that you can help! Them: He/She isn't in right now can I take a message? ( If you get this message from someone you go into talking about yourself - "Again my name is Joe and I own a digital marketing agency in your area and I noticed that your website is a bit outdated and I wanted to talk to the owner about it. Do you have an email you can give me so I can send something to the business owner and check back in a couple of days?) - This will get you an email which makes it a potential lead. Business Owner Actually Gets On The Phone. Me: Hey there my name is Joe and I just moved up to the area and I noticed you had a website that looks a bit outdated. Is there a reason for this? - Let him go into his explanation - Then you go back into the convo: Wow that's awesome or wow that sucks well again my name is Joe and I own a digital marketing agency, I noticed that you were part of the chamber of commerce and I just wanted to introduce myself and let you know we deal with web design, SEO services, and Instagram marketing. It's super important to keep your website up to date in your field and if you have some time today or even later this week to set up a meeting so I can go in and show you what I can do that would be great! - Maybe its the way I talk but I always let that part be super casual. You don't want to instantly sell them on something. Do something for free with them. What I just said above is a pretty generic convo that I would usually have. Remember to be yourself. People can see right through you even over a telephone if you are trying to be someone you aren't. Ask them how their day is going. How was your 4th of July weekend? Did you feel the big earthquake in California? Be a human. Don't be a robot. Tips
On almost every business I set up their Google My Business for Free along with a free audit report when I meet the potential client. Some people charge $500 just for that, but give them something free so they know you aren't just trying to make a quick buck out of their business. Build relationships. The goal of cold calling is either to get an email where you can get back to them or get on the phone with the decision maker. If you can't do these two no worries there are thousands of other businesses. What you need to understand is these businesses get busy and some of the business you call want digital marketing or they want to up their digital presence via the internet. I've gotten clients just off calling them and they were looking for someone but didn't know where to look. You will never know until you actually pick up that phone and start dialing. I hope you all do your research and actually put in the time. This method and what I said is right. Keep working, you got this. [link] [comments]  |
| $250k/month selling weighted blankets on Amazon. Posted: 09 Jul 2019 11:30 AM PDT Hey - Pat from StarterStory.com here with another interview. Today's interview is with Robin of Luna Wellness, a brand that sells weighted blanket Some stats:
Hello! Who are you and what business did you start?Hi! I'm Robin and I'm one of the co-founders of the Luna weighted blanket which uses the science of deep pressure stimulation to help sensory disorders, anxiety, stress and insomnia. What started out as a passion project in 2017 has now turned into a thriving business where we've already tripled our revenue from last year and are averaging $250K in revenue per month. We expect this number to increase 2-3X in the following months. What's your backstory and how did you come up with the idea?I'm a Dallas native and came up to the east coast to attend college at Cornell. I got my start in real estate/finance straight out of college, and am currently at a hedge fund in New York City (expected to quit this month). Being in this environment and industry resulted in anxiety in my daily life and began to affect my sleep quality to the point where I would wake up several times a night. I tried meditation, white noise machines, melatonin supplements, you name it. I was about to give up until I came across several studies on weighted blankets dating back to the 90s. There was an overwhelming amount of evidence pointing to the blanket's effectiveness in reducing the participants levels of anxiety and improving their quality of sleep. I decided to give it a shot and for the first time in a few years I was not only able to fall asleep faster but also able to stay asleep throughout the night. Using it on the couch also made me feel more relaxed. I was hooked. It turns out more than a third of American adults are not getting enough sleep, 45 percent report lying awake at night and 3 out of 4 Americans report experiencing at least one stress symptoms. I never imagined myself doing a startup but the market statistics were so compelling, I had to take a shot (we're a sleepless, stressed out nation). And so, I set on a mission to help people like me sleep better and feel better. Without giving Luna my full and undivided attention, especially in these early stages, I couldn't maximize and tighten up all aspects of the business. This resulted in poor inventory planning, which meant not getting enough blankets to those in need (I would get tons of emails asking when certain sizes would be back in stock). So while working at a hedge fund has had its perks in terms of compensation, it lacks freedom and personal fulfillment, things I feel can be achieved by working for myself. And it's a really heartwarming feeling when I get emails from customers saying how the weighted blanket has helped them overcome a serious issue. Having this in the back of my head has made the jump a little easier. Take us through the process of designing, prototyping, and manufacturing your first product.At the moment, the only available blankets were poorly stitched, had issues with breathability (would wake up in sweats), used noisy heat plastic beads and came at a steep price of $200-$300. So I sought out to create a higher quality weighted blanket at an affordable price so it would be possible for everyone to access its benefits. I first reached out to a family friend who had connections in the textile manufacturing industry and fortunately they were able to connect us to someone who could create weighted blankets. Since this was a relatively (and still is) new industry, there was no set blueprint on how to create a weighted blanket. So we took the existing designs on the market and broke down what they did right and what needed improvements. The biggest issues were distribution of weight (beads would bunch up in the corner of the squares), breathability, stitching and bead leakage. We went through several variations and ended up fixing these problems by developing a proprietary filling process where the beads would be woven into the fabric so no shifting would occur, using a cool fabric that wicks moisture away to redirect heat from your body, utilizing double stitching to increase durability and sewing 5 layers within the blanket to prevent leaking. Early prototypes We also created our weighted blankets using Oeko-Tex certified materials. This is an even higher designation than organic, and ensures that no harmful chemicals were used at any stage of the manufacturing process so customers can sleep easier knowing their products are free from not-so-pretty additives, such as formaldehyde (which is commonly used as a finishing in wrinkle-free or wrinkle-resistant bedding). The design process took us several months of trial and error, mostly because the shipping times from China to the US were pretty long. Before finalizing the order, we decided that it was important to visit the manufacturers in person and work in real time to come up with the perfect weighted blanket. My experience thus far in my career has made me a firm believer in in-person meetings, which
Emails and calls just doesn't offer the same connection and Chinese suppliers want to build actual relationships. During our visit, they drove us for 2 hours to the factory and another 2 hours back to our hotel, gave us extensive tours of the facilities, introduced us to their CEO who decided to have an hour long chat with us on his own time and even offered to take us out to lunch. It just shows the difference we have in terms of business culture in the US vs China. Our manufacturing partner's facility Describe the process of launching the business.When I got back from the China trip, we immediately put in a small order of about 500 blankets. We didn't want to seek out any sort of outside financing just yet, so we used what we had saved up (definitely glad I saved!) We decided that we would start Luna exclusively on Amazon as that seemed to be the fastest way to enter the market. Once we gained enough traction and sales through Amazon we would launch our own website. What's so amazing about Amazon is the relative ease of bringing a product to the mass market. Storage, fulfillment, returns, and payment processing are handled by Amazon (with a price of course). With these processes already streamlined through Amazon, we spent the bulk of our time focusing on 2 major points, optimizing our listing, (solid SEO descriptions, high quality informational style photos, competitive pricing, customer reviews etc) and managing advertising campaigns on Amazon. At that time, the landscape of the weighted blanket market on Amazon was predominantly made up of Chinese sellers with lackluster listings coupled with broken English and cookie cutter product and lifestyle images. As an American based brand, we saw this as one of the biggest ways we would differentiate Luna. Competitor photo taken from listing When our product arrived from China, the weighted blanket craze was in full effect and sales skyrocketed. We complimented this craze through emailing press outlets / bloggers who had already covered weighted blankets and this got us picked up by Healthline, Mens Journal, Man Repeller, Real Simple, POPSUGAR, Yahoo and more. NOTE: We probably emailed over 400 journalists and got a response from less than 10. We found out that if you have something that's breaking news (groundbreaking invention) you should take that "breaking news" angle with the Entrepreneur, Inc, Fast Co, Forbes types of publications because they'll want to know how you got funded and they'll be more interested in the story of the entrepreneur behind the product. But when you're pitching lifestyle publications (the ones that reach your target market), you need to really think about what's in it for the audience and what will make their readers actually click on your story. JOURNALIST TEMPLATE (We tried using a subject line that would draw in the journalist while being relatable to our product. They get thousands of emails a day from people pitching their product so keep it short, relatable and interesting) Subject: Do you have issues sleeping? Subject: When was the last time you were super stressed out? Hi name, interesting fact about person or article etc (Wanted to run this by you and see if it'd be of interest since you're insert subject they're writing about and how it connects with your product or story.) I'm the creator of (product), and can offer you a quote for an article on the following:
My advice would be perfect for your audience because I'm (list your expertise/background). (Quick 1-2 sentence about your story or product. KEEP IT SHORT AND INTERESTING!) You can learn more about us here ( link to website ). Will you be covering any (industry/product) stories anytime soon? If so, let me know. I'm also happy to send you a sample for you to try. Appreciate your time! Best, (Name) PS - With (holiday/event/topical thing) around the corner, I know a story relating to (product) would be a hit for your audience. Since launch, what has worked to attract and retain customers?Since launching, Amazon is still our main source of revenue. The majority of our marketing spends goes into Amazon ads where we structure our campaigns into three categories (Automatic, Research and High-performing). When launching a new product, we'll start off with an automatic campaign to source potential keywords. We started off with a budget of $30 a day and we'll run this campaign. After this period of time, we'll take the best performing keywords that have a CTR greater than 6% and an ACOS (adspend / sales attributed to that ad) that's lower than our product margin and put them into our research campaign. These keywords will be added as a broad search term in order to generate additional long tail keywords and this process helps us narrow down the winning keywords. These are then put into the "High-performing" campaign that contains our best performing keywords. Since launching Luna, we have received an overwhelming amount of warm and heartfelt emails from buyers letting us know how much they love our product and how it has changed their and their loved ones sleep quality. Buyers that suffered tragedies, suffer from an array of anxiety and depression issues have reached out to us letting us know how the Luna blanket has helped them. These emails are single handedly the most rewarding part of Luna. How are you doing today and what does the future look like?We started out with small orders of about $10,000 leaving us with 25% margin, but over the course of these 2 years, we have developed a strong relationship with our manufacturer and upped our order quantity by 10x. Today, we're seeing close to 40% margins. Believe it or not, we're still trying to catch up with the demand on Amazon, and are consistently placing much larger orders compared to our previous ones. To accommodate these orders, we've turned to financing companies like Kickpay and Clearbanc due to a 2 week lag in the payout schedule on Amazon (and for new sellers they hold a 2 week rolling reserve) which can really hurt a business's cash flow. That being said, we have plans to launch more blanket sizes as well as additional sleep related products (pillows, regular comforters, mattresses) to expand our product into a brand not just solely focused on Amazon. We only run Amazon sponsored product and brand ads and that currently is about 10% of our monthly revenue. We find product / category targeting as well as retargeting ads to be very expensive. If you have access to AMS (Amazon Marketing Services) I would suggest testing out product display ads as that's been one of our ads with the lowest ACoS (Advertising cost of sales: Cost spent on ads / sales generated from ads). Our current breakdown of sales is about 90% from Amazon and 10% from our website, and plan on driving more traffic to our website via Google, FB, IG ads, influencers and partnerships with complementary brands. We're in talks with a subscription box that is doing a dedicated box for sleep and we're really excited to see that go live! Through starting the business, have you learned anything particularly helpful or advantageous?With Luna, the biggest takeaway that we had was the importance of inventory planning and management. It is absolutely a delicate line between ordering too much or too little, and when manufacturing in and shipping from China, there are a lot of issues that you need to take into account when planning lead times. Through trial and error (like missing out on the holiday season...ouch!) we learned to balance our orders and plan out logistically the best process for us. There's a period of time (usually Q4) when freight costs and amazon storage fees will increase substantially so it's smart to factor that into your inventory planning. Print out a schedule of Chinese holidays in order to anticipate any delays to your manufacturing schedule as there's a lot you may not be aware of (Dragon Boat Festival, Tomb Sweeping Festival). Be wary of Chinese manufacturers and keep constant communication. A lot of the time, their best customers are domestic and they're placing larger quantity orders. This is the reality and the factories revolve around their Chinese customers. When that happens, they may try to improve things or domestic customers might want to change something on their mold or circuits and they'll go ahead and do that without consulting you first. This can really screws things up when we develop our packaging or product copy. For example, one time our manufacturer changed the size of our packaging without telling us and this place us in an "Oversize" category on Amazon which meant higher fees. So always be on your toes. You get what you pay for. These factories have to turn a profit so don't squeeze them till the last drop because they will start cutting corners. We visited 10 other manufacturers before settling on ours and were extremely tempted in selecting them solely based on price and because their samples looked great (in retrospect, all the premade samples looked great because they could create them to the highest standard). We realized just looking at samples wouldn't reflect the true quality of the product so we asked for some of the brands they manufactured and did test orders. As expected, the test orders that we received ended up being really low quality and we learned our lesson. Test order from low cost manufacturer Tell the factory you are sending an inspector during production. Even if you aren't, they'll be producing to the standard where they're expecting an inspector to come and check out the products. It's also EXTREMELY important to count the quantity that's actually shipping out. If your commercial invoice & packing list list 500 cartons, you better make sure that you're sending 500 cartons to the US. Not 499, not 501, 500. Any shortage or overage will require you to file something called a Manifest Discrepancy Report to re-declare your goods so they can be released. This report takes 7-10 business days (but one time took up to 30 days for us) and failure to do so can result in penalties or seizure of your goods. Our first supplier sent about 6/8 shipments where there was a count discrepancy causing significant delays and lost sales (we called it quits after the 8th shipment). COUNT YOUR GOODS! What platform/tools do you use for your business?Since currently there are only 2 of us at Luna, we look toward outside platforms to plan inventory, process payments, and fulfill our goods. Inventory Planner has been a great tool in ensuring we don't miss out on the holiday season rush! Shopify, Flexport, Kickpay, and Quickbooks are all easy to use and relatively inexpensive tools to consider if you are a small business. What have been the most influential books, podcasts, or other resources?Shoe Dog by Phil Knight. If you're still on the fence about starting your own business, pick this book up and it will rock your world. Advice for other entrepreneurs who want to get started or are just starting out?Make sure you create a product that customers NEED and has SUSTAINABLE, HEALTHY margins so you can compete with your competitors. If you can't meet these two criteria, then find another product, there's tons out there. Are you looking to hire for certain positions right now?While Luna is still a young company, it is growing at an exponential rate and we definitely see bringing on strategic hires in the next couple years specifically in the design & digital marketing fields. 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. For more interviews, check out r/starter_story - I post new stories there daily. Interested in sharing your own story? Send me a PM [link] [comments]  |
| Are some of the posts on here pure bullshit? Posted: 09 Jul 2019 09:58 AM PDT I see quite a few posts like "How I made 2 million dollars in 6 months at 20 years old", and then at the end of the post there's a link to a YouTube video/website/blog. Aren't cases like these extraordinarily rare? Yet it seems like there are so many people making these claims online. I'd love to believe that they're giving free advice out of the goodness of their heart, but something tells me that's not the case.. [link] [comments]  |
| Did anyone not have initial experience in the business you started? Posted: 09 Jul 2019 04:59 AM PDT Did you go and get experience? Was it based off of a spark of interest to learn? Coming from a family of business owners, many started from an interest rather than passion to learn which eventually led to their own business. Their passion was creating jobs, living a certain lifestyle, or just succeeding rather than what they did really. I'm having a hard time thinking of what I should do and what skills I have. I just have office skills which is lame. I was thinking of learning real estate...what's funny is I spent two years getting my MBA which is free because I work at a college yet I want nothing to do with it. I don't want to climb the ladder, I want to quit and do my own thing. I'm bored to death at work, it doesn't matter what job I take. I think I just don't want the office setting of the political hierarchy. Nonprofits have this crap too. [link] [comments]  |
| Posted: 09 Jul 2019 11:03 AM PDT How did you acquire your first customer? I'd be particularly interested in the detail of your story. [link] [comments]  |
| Posted: 09 Jul 2019 01:00 PM PDT She had asked me to look into it and I figured it would be a great question for r/entrepreneur . If anyone has any suggestions on how to quote people or what others do to combat these issues please feel free to comment & thanks in advance! [link] [comments]  |
| Posted: 09 Jul 2019 07:59 AM PDT Hi r/Entrepreneur! I recently had reached out to the reddit community under r/web_design where I received incredible amounts of help for what I want to pursue. However, I realized that I need to work on the business model itself and its legal structure. So my basic questions are as follows (with some background). I intend to create an ecommerce website that would be able to sell practice exam bundles where you can buy a bundle for a certain division and can choose to take a 10, 20, 30, etc question exam pulled from a large question bank. At the end of the exam it would provide results and correct answers. From a business perspective, if I were in the northeast (say MA or NH of the US) would I need to pursue a business license? If I were to make a couple hundred sales within the first year and with intended growth more the next, how would I include this in my taxes? If I run this digital store on a website and manage it myself through something for instance like wordpress, am I the owner of the website and information? What about if I hire a web developer? How should I go about some confidentiality legal issues in the format of my questions if this practice exam is for a professional exam? Thank you for all of your help everyone! [link] [comments]  |
| Quick massage in business centers Posted: 09 Jul 2019 06:57 AM PDT Hi all, I want to open a massage salon in a business center with more then 2000 workers. I want to focus on office emploees with chronic pain in a back. Offer only 15 and 30 min massage for quick relax durinng work day. What do think, would you use a such service at work or not? [link] [comments]  |
| Best country for starting a business Posted: 09 Jul 2019 12:31 PM PDT I wanted to know which countries are the best ones for starting a business taking aspects like politics, economy, bureaucracy, culture, society, demographic parameters and all other relevant factors into consideration. I would like it if you could elaborate as to why you chose a country/countries. [link] [comments]  |
| Health and Fitness Android App Founder - Trying to find a way to make profit Posted: 09 Jul 2019 11:32 AM PDT I'm Fitness Professional with more than 8 years in the field. As someone who was always interested in entrepreneurship, I found my niche in the Fitness and Health Android App world. My Application is growing really good, more than 13k users in 6 months (all organic, 0 invested in marketing). Users are mostly coming from USA. App is focused on correcting bad posture and it's successful in it, I received great feedback from users. Now, we are coming to my problems, it's a free App, it's not making me any money. As someone who is coming from Serbia it's not possible for me to have any in-app purchasing or subscription model. My idea is to add some products in the App (home page and push notifications) and to sell it to users. Some of the products that I could sell are Pain Relief Creams / Posture Correctors / Insoles / Pillows / Mattresses etc. It's also hard to sell product in the App because shipping is too expensive from here. Maybe to start some cooperation with other business on Amazon and to take commission on sales? Is that even possible? Any suggestion is appreciated. Thank you for reading. [link] [comments]  |
| Posted: 09 Jul 2019 02:21 PM PDT Hello everyone.... Last month, I started my very first business. I bought traffic off of fivver and I feel like buying the traffic was just a waste of time. I barely have any sign ups, people think my site is a scam most likely. I don't know how to market my site at all and I just feel like...… well I just feel lost and angry, [link] [comments]  |
| What are some solid and quick "Featured In" wins? Posted: 09 Jul 2019 02:07 PM PDT I'n wanting to add credibility logos to my marketing SaaS website. What could be some quick early wins for this? E.g., Product Hunt if I were to get a couple upvotes, etc. Or blogs that accept guest or sponsored posts could work too. Thanks guys! [link] [comments]  |
| I am looking for product ideas Posted: 09 Jul 2019 01:53 PM PDT Hello, I'm 16 and joined a competition together with friends to win ~$1000 each. It's an event sponsored by a local bank, and the intention is to come up with a product to make and sell those items in three weeks. At the end of the first week we have to present our idea to a couple of people, (like the show sharktank, idk how else to describe it). If your group get approved you get to actually do idea with a budget of ~$750 to make these products within two weeks, and sell at a small marketplace they're doing. The group who did it the best wins ~1000 each. I am looking for original ideas to maybe make, with around $750 and within 3 weeks. Thanks. Feel free to remove this post if this isn't a good sub. [link] [comments]  |
| What makes a good company name good? Posted: 09 Jul 2019 01:37 PM PDT I did quite a lot of research but I still feel anxious on deciding a brand name as it is what people will remember you by. So I'm asking for a more random tips from you guys. It doesn't have to be something smart, it can be just what you think is good. [link] [comments]  |
| How to move ecommerce business to brick n mortor? Posted: 09 Jul 2019 01:24 PM PDT Hello! Thanks for taking the time to help with this. I have run a successful e-commerce business for about 3 years now. I would like the items to get into physical retail stores but am not sure the best way to do this. I would rather hire or wholesale to a company that then distributes it, or pay for some kind of service, then doing the direct sales myself (don't have the time). I have heard of RangeMe not sure if anyone has used their service before? If anyone has been through this and successfully transferred an e-commerce to physical stores would love your input. Thank you [link] [comments]  |
| What could go wrong in giving the entire source code of a system to the client? Posted: 09 Jul 2019 01:16 PM PDT Hi. So I'm a young entrepreneur with a privately registered company, running it with 2 of my colleagues. I'm in a big predicament right now and could really use your insights and wisdom. Basically, we developed this system for a potential client. Now that the system is developed, tested and ready to be launched, we'll be signing our contract. The biggest issue here is that our client still treats us as students and is playing around with the terms and conditions as best as it suits them. For one thing, they've included a clause in which they regard to this system as a donation by us to them (the client is a non-profit organisation), and then they're also asking for the complete source code. It has always been made clear to them in the past that whatever development we've done prior to the launch is complimentary, and that any future iterations will be charged accordingly. They're okay with the latter, but they interpreted the former as a donation, and are hence playing with their terms. I don't understand what to do. Is it wise to give them the entire source code? Should this 'donation' clause be altered? What could go wrong if I give them the source code? The client is huge, well-known and really good for my company's goodwill, and I'm also scared of losing them by refusing to give them the source code. We're also young entrepreneurs, so we don't know what risks to take at this stage. Really stressed out, please help! Thank you. [link] [comments]  |
| Posted: 09 Jul 2019 01:13 PM PDT I want to run fb ads campaign for TeeSpring T-shirt Design so should I buy custom domain and link it to TeeSpring link or just put original TeeSpring link? ( Will these things affect conversion rate?) [link] [comments]  |
| Posted: 09 Jul 2019 01:04 PM PDT My university is opening its newest building tailored towards entrepreneurship this Fall. I plan on being involved with this new building/community of entrepreneurs in some way, and I came up with the idea of hosting a stand the first week it's open for students to pitch their businesses/business ideas or even what they want to achieve with their education. I think it would encourage individuals with ideas to refine their ideas and take action on them. I think it would also help the more reserved individuals discuss their ideas in a constructive way. Would you pitch me your business idea? If your answer is no, why not? Any other suggestions, criticism, or feedback related to this would be much appreciated. [link] [comments]  |
| Posted: 09 Jul 2019 12:59 PM PDT Last year I incorporated. This year I'm making less money and want to fold the company to save money (I am the only employee). One of the expenses I had to pay is for Unemployment Insurance. Since I paid for the insurance, am the only employee, and the company is going to fold, do I get to collect unemployment insurance benefits? [link] [comments]  |
| Anyone have a referral for a good lead generation company? Posted: 09 Jul 2019 12:05 PM PDT I need help with outbound sales and lead gen... Looking for a referral for an affordable and USA based company. Thanks!! [link] [comments]  |
| How to deal with a big market but lots of competition? Posted: 09 Jul 2019 11:48 AM PDT A big market sounds great but that only means lots of competition. How can I become the "go to" or get a larger piece of the pie when there's so much competition that is well known and here I'd be just starting out [link] [comments]  |
| How do you use twitter to help your business or your job? Posted: 09 Jul 2019 11:14 AM PDT For me, I browse twitter and then I save tweets in different notes depending on which of my projects they'll be relevant to, and when they'll be relevant to me. If twitter didn't exist, I'd miss out on a bunch of useful ideas that have helped me come up with feature ideas for my projects, helped me find book recommendations that have really helped me in my career and life, and so on. How about you – how have you been using twitter to help your business or your work? What would be the biggest things your work or your business would miss out on if twitter didn't exist? [link] [comments]  |
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