NooB Monday! - (July 29, 2019) Entrepreneur |
- NooB Monday! - (July 29, 2019)
- Any tips for wantrepreneurs?
- Advisor wants % to find investors. What is a reasonable rate?
- How would an LLC own a YouTube channel?
- Best way to gain traction for brand new eCommerce business?
- Roast our website! - please :)
- To aspiring e-sellers out there, don't give up the dream. I know how difficult it is, but I somehow managed to succeed.
- Digital Marketing/SEO agency people, tell me about your agency.
- How does the vending machine market work?
- What got you into being an Entrepreneur?
- Best way to choose the right target audience on FB ads?
- I'm trying to validate a potential side-project before spending time building it. Would love feedback/thoughts on the landing page!
- EP1 – The Next Big Thing– How Henge Docks' founder went from designing roof racks to Apple accessories.
- How hard is it to get startup money?
- phone repair at home
- Anyone else ever consider throwing in the towel on their business and returning to a day job?
- Best Books On Finding Product Market Fit?
- I have an idea for a much-needed product in my niche, but there is already a patent filed for it from 5 years ago, with nothing on the market from it. How do I navigate this?
- Heads up: be careful of Trendy Media sending emails to you or your clients trying to scam you/them
- How would you get content creators attentions?
- Strange mental state which prevents my success.
- Need some advice from Entrepreneurs whose success hasn't been driven by a passion or a hobby
- If you sell your startup for $7.5 million and own 51% of it. How much can you realistically expect to have liquid after all taxes are taken out?
- Space eXploration
- Is anyone else struggling to find feedback?
| NooB Monday! - (July 29, 2019) Posted: 29 Jul 2019 06:17 AM PDT If you don't have enough comment karma here's where we can help. Everyone starts somewhere and to post in /r/Entrepreneur this is the best place. Subscribers please understand these are new posters and not familiar with our sub. Newcomers welcome! Be sure to vote on things that help you. Search the sub a bit before you post. The answers may already be here. 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]  |
| Posted: 29 Jul 2019 01:33 AM PDT I'm sure many of us have been there or are currently there. Where we have a great idea and think it can do well and then suddenly lose motivation because "it's been done before". "There's so much competition". "Most entrepreneurs fail". Etc etc What did you do to overcome this? [link] [comments]  |
| Advisor wants % to find investors. What is a reasonable rate? Posted: 29 Jul 2019 06:45 AM PDT Hi all, our two year old business is doing well (90k turnover 2018, probably 250k turnover in 2019: break-even financially), but we can definitely expand: when we have enough money to hire extra people. We are looking for 200-400k, part loan and part investments. We have hardly any serious competitors but they will emerge if we don't take a big chunk of the market first. One advisor told me he can get 100k in investments, but he wants me to tell him how much I want to give him for it. I want to tell him that: 1) I wont pay him a flat fee whatsoever, only a percentage. 2) 5-10% of the invested amount, depending on the conditions: more investors, lower percentage. Better deal? Higher percentage. Borrowing would mean 4-9 % interest. Is this reasonable? Do you need more information? EDIT: I was not clear: I want to pay him a cash percentage of the investments he can raise for us (for example 5k in cash for the 100k). We are in the Netherlands: I will check with my laywer for the legal viewpoints. [link] [comments]  |
| How would an LLC own a YouTube channel? Posted: 29 Jul 2019 08:48 AM PDT We're considering starting a YouTube channel and want to build it with the end in mind. I realize this has a 98% chance of being nothing but a hobby but we might as well start it off right just in case. So how does an LLC own a YouTube channel? Would we buy a URL for the business, get an email address for the business, and then open the channel using that email address? TIA [link] [comments]  |
| Best way to gain traction for brand new eCommerce business? Posted: 29 Jul 2019 09:20 AM PDT I'm planning to launch an eCommerce business by the end of August. I'm starting out with one product for now. I've been reading a lot of articles on what to do, and I'd like to hear some of your experiences! What's the best way to gain traction when you're just starting out? Is it FB ads optimized for likes/landing page views? Or do you just try to grow it organically by interacting with the community? Thanks in advance. [link] [comments]  |
| Roast our website! - please :) Posted: 29 Jul 2019 08:59 AM PDT Hi Redditors! We're a fairly new startup heading into our busy season and have just launched our new website. Please could you help us improve by roasting anything which you may see out of line or does not help towards conversions? The website is at: Noahsbox.com - A line of context: We sell starter kits - Utensils, kitchenware, home thing, etc. I would honestly appreciate it so much. [link] [comments]  |
| Posted: 29 Jul 2019 06:56 AM PDT Note: There's a TL;DR at the bottom if this is too long and you don't have time XD You see, I've been selling on Amazon for 6 months now. Back when I was still just a beginner, my research told me that discounted coupon giveaways like Viral Launch, Zonblast, Zonjump, Vipon, Judolaunch, Jumpsend among others of the same kind was not really effective anymore and that I should be focusing my efforts on learning PPC to launch my products. I decided to take the advice and launched my first ASIN in the Baby Accessories category with a PPC campaign. I followed all the guides to make sure that my listing was as good as it possibly can be. I did my keyword research and product demand research to make sure I had a good product. I even subscribed to Helium 10 to get more Intel. This is just my opinion, but I believe that my listing was 10/10. I believed that it was perfect. My profit margin was 70% but the ACOS for my PPC campaign was closer to 80-85%. Although I was generating sales and getting a few reviews every now and then with PPC, Unfortunately, I was actually losing money. Really, not cool. I had no idea if that was normal at the early stages of the PPC campaign and I also couldn't find any resources online. What I did was let the campaign continue and hope that my sales and visibility will somehow improve. After 3 weeks, although the ASIN's BSR improved, the page ranking on the keyword barely moved and the ACOS only improved slightly. I was still in the negative and wasn't making money yet. I decided to give up on the PPC campaign because it didn't seem to help me as much as I had hoped. That ASIN is selling 1-2 units a day right now with little progress on BSR and keyword ranking. My next launch was still in the same category, but this time, my inner gambler talked to me and I've decided to take a chance and use a launch service. Although because discounted coupon codes giveaway didn't really work anymore, I went with Brand Bullet. Brand Bullet seemed like a relatively new launch service and I first learned about them through an Amazon Account Management Service when I was doing my due diligence to start my eCommerce business. Brand Bullet is just like the other launch services but the difference is that they facilitate full priced giveaways. From my understanding, this method was the closest I can get to achieving an organically-looking sale on Amz and best controlled sales distribution system to increase sales velocity for a given period. What I did was take advantage of their free 100 credit promotion and BAM! there was my first launch campaign with them. It was pretty easy to set up in my opinion, and also, props to their support team for being able to answer my questions timely with their live chat. Those guys are quite friendly and I like it ^_~. So, I was giving away 80 units over 7 days. The campaign was being fulfilled as scheduled and by the third day, my ASIN already made it to page 3 of the keyword. On day 5, I was ALREADY on the bottom of the first page. By the end of the campaign, my ASIN was the Amazon's Choice listing ( really, I didn't expect that. Perhaps I got lucky, but man, it was truly AWESOME! ). It has been two months since my launch campaign ended and my listing has maintained the same spot and my sales have also been stable. It took me 3 weeks to recuperate the cost of the campaign and I don't have any active marketing campaigns on this at this time. I compared the cost of the launch campaign with the PPC campaign. For the 7 day period, Brand Bullet's launch campaign was 15% more expensive than PPC, but who cares? The launch campaign actually brought my listing to the front page and results stayed. I wasn't able to achieve the same results with PPC. I'm not saying that PPC is bad. There are certain factors which probably got in the way, or maybe I just really suck at my PPC campaign. Point is, After much hard work, profit loss, near-insanity levels of brainstorming, table flipping (joke), I actually managed to make it to the top page and I'm definitely really happy. TL;DR: Profit Loss, failures, and mistakes are all part of the business. Much more especially if you're a newbie. It's like interacting with a giant jungle filled with super-ultra hungry wolves who will try to devour you at any given moment, but remember, there's more than one way of dealing with difficulties and challenges. PPC didn't work for me, so I tried Brand Bullet and it succeeded. You are free to try them ( especially since they still have the 100 credit promotion ), or you may stick to PPC, or do whatever. As long as you succeed, that's good. If you somehow managed to fail, DON'T BE SCARED to try something new or different. I'm not going to give Brand Bullet's website link here on this post. You can easily do a Google Search and figure out yourself. Have a nice day ahead everyone! Also, to my co-eSellers, mind telling your story, please? =) [link] [comments]  |
| Digital Marketing/SEO agency people, tell me about your agency. Posted: 29 Jul 2019 09:48 AM PDT If you could share some background info: starting up, initial investments, getting that first client etc..... I would love to hear it. [link] [comments]  |
| How does the vending machine market work? Posted: 29 Jul 2019 10:46 AM PDT Hi guys - I recently came up with an idea to "rethink" (ok maybe not that huge) the vending machine market. The figures seem to fit - maybe not a billion dollar business, but would be interesting to pursue. But here is the thing: I don't know shit about the vending machine market. Could some of you give me any insights? E.g. how do you get to locations, do you pay rent - if so, what is a fair price (For a busy location), how often do you need to refill the machines, how is the staff contracted - are they employees, freelancers,...? Any tips are highly appreciated - Thanks in advance guys! [link] [comments]  |
| What got you into being an Entrepreneur? Posted: 29 Jul 2019 06:21 AM PDT |
| Best way to choose the right target audience on FB ads? Posted: 29 Jul 2019 07:47 AM PDT When making drop shipping ads on facebook whats the best way to choose the right interests to make it so the ad reaches the right people (for ex. If i was selling jewelry) [link] [comments]  |
| Posted: 29 Jul 2019 11:00 AM PDT This is the page: landing page My plan is to try to drive some traffic to the site via FB ads and word of mouth. Thanks! [link] [comments]  |
| Posted: 29 Jul 2019 10:40 AM PDT Hi all, I'm Andrew, one of the founders of Kickpay. We've recently started doing a series called The Next Big Thing where we chat with hardware entrepreneurs about what has and has not worked on their journey. Taking inspiration from other series like How I Built This and StarterStory we discuss topics that other entrepreneurs will find useful, such as the process for prototyping and manufacturing, tools the companies use to keep them moving, sales channels that have been effective (and useless), and managing cash flow. Our first episode is with Matt Vroom, the CEO of Henge Docks. The transcript of the interview is below but you can get the audio here. Product: Connectivity solutions for the Apple ecosystem Founded: 2009 Sales channels: Almost entirely online / Direct to consumer Margin: 60%-70% Location: San Francisco Team: 8 What does Henge Docks sell? Primarily we sell connectivity solutions for Apple notebook computers and iOS products. Things like docking stations, cables and adapters. But our primary business and what we're known for is our vertical docking stations (image here which take your Macbook and dock it in one smooth motion to all of the accessories on your desktop – your monitor, power and all of the hubs that you typically have to plug in manually. We take that entire operation to make it a seamless experience. You were involved in product design and manufacturing before you started Henge Docks. What was the story behind switching from designing roof racks to computer accessories? I started off out of college in a graphic design job and quickly realized that the only way that I was ever going to get to develop products that really stuck to my original vision, that weren't just getting handed off to an engineering team, or working for 20 years in the same job designing sneakers over and over again and actually see something that I'd created come to market in an unadulterated fashion was going to be if I started my own business. The first attempt I had was a rather complex electronics product. It was in a good market, but I had brought on an external firm to do all of the development and they had the manufacturing relationships to bring it to life. So I was heavily relying on this external resource to make this vision come to life. That was a total disaster and I lost a lot of money personally on that venture. The lesson I took away from that was don't hang your business on an external resource, it will eventually come to bite you. The next thing I tried was a roof rack business for Nissan sports cars. I had a Nissan 350Z at the time and I was into kayaking. When I bought the car I thought, surely somebody makes a roof rack for it. It turns out they didn't. So I ended up building my own hatch-rack. I knew that there was some interest in this product because I had people flag me down at gas stations and I even had a cop pull me over one time to ask me what was on the back of my car and I figured there's probably a market for it. I could bring the product to market, get experience with selling it and doing at least the first round of manufacturing myself, which is a very inefficient way of doing it. It was all about iterating. I built the first dozen or so myself and built the website out. I found a market but it didn't take very long for that to get saturated because there was only about 150,000 350z's on the roads at the time. But it did get me the experience of launching a product end to end, what it was like to interact with customers and do small batch manufacturing. While that business was on autopilot I went down the list of ideas that I had and things that I thought I could design and develop myself and hand off to a manufacturer. This idea for vertical docking station was right at the top of the list. The day that Apple launched the unibody Macbooks back in 2018 my Powerbook died. I went to the Apple Store. And on the way home I realized that once again the docks were on one side and this idea was a possibility – up to this point we had been doing horizontal docks. What was the prototyping process that you had to begin with? At that point in time I was the only designer in the company. It was myself and two co-founders. Originally the idea was to figure out if we could get the ports to line up because we needed a lot of accuracy. I ordered a 3D printer and I remember being pretty upset with myself taking such a speculative risk and buying an $800 3D printer so I can just prove the concept out. The prototypes worked perfectly the first try, which was amazing. Then it came down to finding a manufacturer and that was very difficult because this was in 2008 and there was no Kickstarter and very little documentation online about dealing with mass manufacturing. I started by trying to find a US-based manufacturer but we couldn't find anybody to provide us a full solution: packaging, cables, plastics and everything that goes into a product. We'd almost settled on doing a lot of the manufacturing in my lawyers apartment in Arlington, Virginia. Finally, a friend of a friend intro'd me to his uncle who runs a manufacturing organization in China. So a little bit of serendipity there in terms of getting that manufacturing relationship established. How did you make sure your manufacturer was able to meet your tolerances? We didn't know that at the time and that was a fairly big risk. We saw the products that they had been making and we knew that they had the engineering expertise to do the "Design For Manufacturing" process through to the end. We also knew by just looking at other products what we could roughly expect in terms of injection molding and ABS parts. The initial concept that we had for the product actually held very true from 3D print to manufacturing with only one or two modifications. I think a lot of that was applying limitations early and not trying to hit the dream product. Instead of having a massively integrated electronics power supply, this was just cable holders. But we kept true to the function, which is 'what do people need?' – the ability to connect and disconnect laptops super easily. Anything beyond that is a bonus. I was really paying attention to the limitations and not letting the scope grow. That's what allowed us to get it manufacturable. If we had tried for a more complicated product it never would have seen the light of day. How do you work around the lack of information from Apple's design process? As blind as we are to the details of what Apple is going to do, they do stick to very particular ethos and set of principles. You have a pretty good idea of what they're not going to do. There's also a fairly well established rumor mill that you can use to guide some of your decisions. Things like connectivity standards (USB-C and Thunderbolt) get outlined early on. So it's actually the physical dimension of the products that is the biggest unknown. The way that we have found to work with these unknowns is to develop modular architectures that we can carry forward, off the Apple update cycle. That way we aren't developing new technological pieces at the same time we are trying to design a form-fit for a new product. We'll never have accurate enough information to warrant the capital expense and taking that risk of cutting tool before we have the computers in hand. When the computer comes out we'll do the final adjustments and then "press go" to reduce our time to market. But it's probably the biggest barrier to entry in the docking station industry for Apple is dealing with that uncertainty and being able to react quickly. Outside of working around Apples release schedules, what are the other challenges you face? Any hardware business is just cashflow. You'll hear it so often that it makes you nauseous. Cash is King! We've had experiences where we've had an extremely successful product come to market and then almost kill the business because of the agreements that we have with manufacturers. You can design them best product in the world, but it doesn't matter if the investment in componantry starts multiplying your cash needs as you scale. You read about it in the business school text books but until it happens, you can't really believe it. It can all make sense in your projection models but when you just start having to invest more and more into work-in-progress inventory you go through this mind blowing experience where everything's going right but the business is going to fail by its own success. How do you work around cash flow issues? Payment terms with manufacturers is a really important thing but we have found those to be harder to come by than they used to be. We found traditional financing options for your inventory to be relatively limited. There's a lot of companies out there who'll offer factoring for invoices but are amazingly expensive. Also, most of our business was direct to consumer. We didn't find it any solutions for this until Kickpay came along. One of the biggest benefits of selling direct to consumer has been the ability to control customer acquisition. What acquisition channels work for you guys? Amazon is becoming more and more of an important piece of that business. We say about a third of our Amazon business is just cannibalization from our website, but increasingly, Amazon's becoming its own channel. We're starting to see the ability to inform people that our product exists through Amazon is becoming a more important activity. Retail was a priority for us up until about 2016 and then we realized that you need to have salespeople to manage those relationships and there's a lot of weight on the back end since a lot of retailers don't pay you on time, which is really frustrating. Now we just rely on a handful of distributor partners to deal with retail for us. That cuts down a lot of the overhead costs and stress of having to deal with those uncertainties. What have you found to be the most effective methods to drive consumers to your website? Our vertical docs work extremely well in advertising because they have a visual stopping power. We don't really need to do anything flashy. We just have to show a photo of the product and the Macbook. It's a very striking image even from the corner of your eye. Organic traffic is still pretty powerful. As Apple continues to claw away pieces of the PC market those ex-PC users came from a world where they were using docking stations. So they've already recognized the need and they have ended up on Google where we are one of the only people out there that offer a fully functional docking station for Apple. Have you had any acquisition channels that have been disastrous? We had a distributor that did a really long con on us. Unbeknownst to us, they pre-sold a bunch of our products to their partners, which they weren't authorized to do, at a certain price point. But we hadn't finalized all the details of manufacturing so we had barred them from selling that product to anybody ahead of time. When the product came out, it ended up costing more than we initially had told them (we stated up front there could be some movement with the price). They were excited about the product, agreed to the pricing and placed a bunch of POs. We shipped them a lot of inventory. Enough inventory that if they had failed to pay on it, it would have killed the business full stop. They ended up holding that inventory hostage until we agreed to give them limited payment terms. Of course we were dealing with a ticking clock. We had to pay our suppliers or they weren't going to ship any more inventory to us. And that causes cascades through the business – they knew what they were doing. In court we could've settle all of this out but it would have taken months. They knew that and we got played. That has been the only case where I dealt with a truly bad actor in the entire history of this company. That was a little bit challenging, but you've really got to know who you are dealing with. Again, don't let your business be 100% reliant on a single party. It's always better to go into any deal, especially with somebody taking inventory, slowly. It hurts to leave money on the table. It hurts to leave customers waiting. But what hurts more is when you're in a position where you don't have options and that's a lesson I keep learning over and over again. Was this distributor screwing over a lot of their suppliers? I haven't heard any stories of them doing that specifically, but they don't have a great reputation. Of course I only really came to find out about that after we got into the mess and started digging into it. We've also had people who've had bad reputations and they turn out to be fine or awesome. The key is just don't put all of your chips on the table at once if you can avoid it. What tools does Henge Docks use to keep the business running? *Kickpay – inventory finance really is the only tool that I would say the businesses is dependent on. For everything else there's another path. *Slack – communication. *Dropbox – every time somebody has a computer go down, cloud-based computing enables any company that uses a lot of data to get back up and running quickly. Was it a big risk of starting a production run with a new manufacturer in China you'd never met face to face? It was (I didn't know it at the time) but it turned out well. How do you plan your product roadmap? Our core products are all driven by Apple's product cycle. We have more ideas than capital to bring them to life. In every business you have to pick and choose what you're going to do so we have a priority list of usually two to three projects that are ready to go to manufacturing. Depending on market conditions and capital availability, we'll choose to pursue those. Then we have another half a dozen or so that are in a pre-development phase either as a concept or prototypes in the office. So that list constantly shifts around. There's stuff that's been on that list for years and then sometimes there's products that come to market within a matter of weeks or months. An example of that would be when the USB-C Macbooks launched. That was when it became apparent that USB-C was a tangible future and the architectures from the sub-suppliers started coming out. That was one that went from non-existent to being at the forefront of the list because it's going to be the future of Apple users connecting to their desktop setup. What have been the biggest learnings that you've incorporated into your everyday processes? Everything is going to take 2.5x longer and costs 2.5x more than you think. Don't let anybody hang your business. At some point you have to rely on external resources, but if it's something that's critical to make your business work, that needs to be internal. So if you have to have a better designed product than anybody else in the market, and you don't have a huge bank roll to hire one of the top firms you need to have that capability on your team or else it's going to come to haunt you. That could be anything from how you develop customers all the way through to how you handle your manufacturing relationships. That expertise needs to be in house and you need to own that process. What's Henge Docks' unfair advantage over the competition? Apple itself is a great barrier to entry. Their product cycles are really hard to keep up with and until you have the infrastructure and the modularity built up, the response time to bring a product to market can be too long. You saw this in the initial phases of the iPhone market when a lot of entrants into the case and accessories market were great ideas, but from a business standpoint, they couldn't keep up with the yearly cycle. Internally, our IP portfolio is really important. We had a storybook launch where we were in stealth mode and we didn't announce until we had products in the warehouse. We launched on Engadget and Gizmodo and sold three months of inventory in three days. We got hit with a patent lawsuit right after that happened. Fortunately one of the three people that founded the company had just graduated from law school with a specialty in intellectual property and that saved us. Since that, filing patents has been a core strategy. Having a lawyer on board as an equity holder is also a really valuable thing when legal expenses can just spiral out of control. If there was one piece of advice you had to pick above all else that you can give to either: someone who's looking at starting a hardware business or is just starting out, what would it be? I think I heard somebody else say this once: "Don't do it… Okay, since you're not going to listen to me anyway…" I would say designing margin into your products from the very beginning is really important. If you don't have the margin built into your products, it restricts the number of possibilities that you have to be able to sell them. [link] [comments]  |
| How hard is it to get startup money? Posted: 29 Jul 2019 11:37 AM PDT Me and my wife both have good jobs and bring in over 100k. We have over 800 credit score. We have been thinking about moving back to our home town which wont have any good jobs for us so we are considering different business ideas. Basically we have great history and good credit but no real savings. We would be quiting our jobs, moving 1,000+ miles, and trying to start a business all at once. Not much in savings. Is getting a loan to start a business going to be extremely hard? [link] [comments]  |
| Posted: 29 Jul 2019 07:50 AM PDT Hey everyone, I recently had an idea to start a phone repair service. Problem is, i can't afford a store so i can only do it from home ( i live in a flat). I live in Bosnia and Herzegovina and we don't have many phone repair services, at least not in my city. Will it work if i don't have an actual store? If anyone has experience with this I'd love to hear your story! [link] [comments]  |
| Anyone else ever consider throwing in the towel on their business and returning to a day job? Posted: 29 Jul 2019 01:33 PM PDT |
| Best Books On Finding Product Market Fit? Posted: 29 Jul 2019 08:27 AM PDT |
| Posted: 29 Jul 2019 08:23 AM PDT In my niche hobby/sport market, there is a product that currently requires an additional product and a ton of modifications for it to work. It's pretty easy to make the modifications, but I think my product is better because a) most people don't have the tools needed to do it b) it would look better as a single item c) people in this niche generally have disposable income and are into it enough to purchase a speciality product multiple times. I was looking into manufacturers last night and decided to see if there have been any patents filed. One person has filed four patents for this (or a similar sounding) product in 2011, 2012, 2012, and 2013 - with the exact same wording each time, I'm not sure why there are four complete patents - but the product still doesn't exist. How do I navigate this? Can I continue to move forward with my idea? Do I need a patent attorney? I messaged this person on LinkedIn asking to discuss and he already wrote back, but I probably should have held off because I'm not sure the best course of action. Do I ask if he would license it? [link] [comments]  |
| Heads up: be careful of Trendy Media sending emails to you or your clients trying to scam you/them Posted: 29 Jul 2019 05:20 AM PDT This company, "Trendy Media" just sent a very professional looking email to my client even though I manage their website and almost scammed them for $350 trying to get them to "renew their domain". Disclaimer: do not brigade this company or anything of that matter. This is just a warning for those out there. [link] [comments]  |
| How would you get content creators attentions? Posted: 29 Jul 2019 05:48 AM PDT Hi, I'm in the stage developing a double-sided project. One side involves taking courses on a specific subject. They (of course) earn money for each purchase from each student. One side needs to be completed to focus on the other side. I'm curious how would one get content creators attention? [link] [comments]  |
| Strange mental state which prevents my success. Posted: 29 Jul 2019 11:05 AM PDT They say that successful people are very stable minded. They don't have defeating thoughts and such. I have this strange condition where I feel very nervous or even anxious when things are working out. So much so that it almost drives me to the point of abandoning the opportunity altogether because every time i think about it I instantly have this negative association with it for no apparently reason. I've even sat there trying to dig deep down into my mind to figure out what it and its nothing. Just this nervous feeling in my system about it. So its like 25% i like it and want to move forward and 75% .. a wrong feeling. Any advice on this? Does anyone encounter this? I don't have any issues where i don't feel like im deserving or good enough. None of that. Its strange. [link] [comments]  |
| Need some advice from Entrepreneurs whose success hasn't been driven by a passion or a hobby Posted: 29 Jul 2019 10:30 AM PDT As the title suggests, for those entrepreneurs who have businesses that are not driven by a hobby or passion, how did you decide or what process did you take to get your initial business idea ? This is my situation.. I have my goal (I want to go part time at work within a year, and earn a part time income on my own business because I dislike my chosen career path and I've always wanted to have my own business), but without a passion the options feel completely endless... I just wondered if anyone had any process or suggestions that help them to decide on next steps for launching a new business/ways of generating extra income? I have launched a product on Amazon which makes a small amount of profit each month, but I'm wanting to spread out my risk and start up a new venture which will add to my business income. No idea where to start...the Amazon business came after just reading randomly about FBA and literally going through every category to find the opportunity gaps. Do I do the same for other platforms/channels of income? Is it best to maybe start with interests or areas with small amounts of knowledge as a focus? E.g, I'm a very average guitar player.. but it's not my passion, I'm OK at photography and I did all of my own product imagery for Amazon.. maybe I could offer my services out to others in the same community at a cheap rate to start with ... Is this a good process to take? I feel a bit overwhelmed, but im unhappy in my job and I've been wanting to get away from it for 7 years! The only thing stopping me from moving myself along is the feeling that I have no idea where to start for my next venture. Any advice is appreciated [link] [comments]  |
| Posted: 29 Jul 2019 01:45 PM PDT |
| Posted: 29 Jul 2019 01:40 PM PDT This is basically the idea that came to my mind to submit for the companies such as space X or NASA who knows... I see some inspiring lights on it, perhaps it might be workable unless you guys will destroy it with good arguments. ⁃ Content ⁃ -> Every registered account starts the game from one planet (which most likely to be either Moon or Mars) and has almost all necessary tools, types of equipment which might be required to settle in the subject planet. ⁃ > Completely open-source game. Means, since the planet could be deployed with any equipment, therefore, powerful computers along with the robots which are more suitable to work on the chosen planet "atmosphere" are there. Consequently, users will be able to code in order to achieve the needed level within different categories to make the planet suitable for settlement. Either by exploring the condition and thinking about survival, etc. ⁃ > To do so precise details needed from the condition of the planet. ⁃ > This will help to explore the planet without flying exactly there and most importantly gathering some good technics with free of charge all around of the world. [link] [comments]  |
| Is anyone else struggling to find feedback? Posted: 29 Jul 2019 01:17 PM PDT I was really frustrated always trying to get feedback on my website from people by posting on forums, etc. only to have no responses. I found most people were only asking for feedback and not willing to give it back to others. Enter Feedback Swap, a place where people can get insightful feedback in exchange for giving it. If anyone else has struggled with this the same way that I have then this is for you - https://www.feedbackswap.com/ [link] [comments]  |
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