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    Thursday, July 4, 2019

    Thank you Thursday! - (July 04, 2019) Entrepreneur

    Thank you Thursday! - (July 04, 2019) Entrepreneur


    Thank you Thursday! - (July 04, 2019)

    Posted: 04 Jul 2019 06:12 AM PDT

    Your opportunity to thank the /r/Entrepreneur community by offering free stuff, contests, discounts, electronic courses, ebooks and the best deals you know of.

    Please consolidate such offers here!

    Since this thread can fill up quickly, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

    submitted by /u/AutoModerator
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    People who failed multiple startups/projects/ventures and succeeded finally, what change or mindset brought in the success?

    Posted: 04 Jul 2019 06:48 AM PDT

    As the title says, what thing did you do differently that finally worked?

    submitted by /u/IamATechieNerd
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    Start up advice

    Posted: 04 Jul 2019 09:32 AM PDT

    Hello, about a year ago I started to work on a twitter account and have built a following of about 40,000 followers. The tweets are mostly shower thoughts or interesting gifs. I bought the domain for the twitter handle. Does anyone have any advice on how I can take this to the next level?

    I was thinking of making a 2d game and direct traffic from twitter to that website.

    Thank you for reading this post.

    submitted by /u/RareCartoonist
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    Are youtube entrepreneur ads a trap?

    Posted: 04 Jul 2019 06:54 AM PDT

    ex : So and so guy made 30,000 in a month drop shipping sign up today. Some people I'm sure go for this, do you think they are doing themselves a injustice? Would the average person have better luck trying something local like lawn care and building it up? Instead of trying to be the next big social media marketer.

    submitted by /u/BeginningOutcome1
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    What item/items would you buy to sell online to make a good profit if you have $600 to spend?

    Posted: 04 Jul 2019 05:28 AM PDT

    How to generate leads as a mobile/web developer?

    Posted: 04 Jul 2019 01:26 PM PDT

    How does a developer generate leads for new clients when starting off? I have heard people talk a lot about UpWork, unfortunately since they charge money now-a-days for connects I am not sure how viable is that.

    Local meetups only fetch so little in terms of the billing of the project. How can we generate leads with consistent billing outside of UpWork?

    I seem to be having quite an issue generating any leads for myself for the past one month.

    Thanks!

    submitted by /u/androiddevforeast
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    Do you need an unfair advantage?

    Posted: 04 Jul 2019 01:20 PM PDT

    Let's say I come up with an idea that I think sounds good on paper but I don't necessarily have any special expertise or advantages in terms of executing the idea. To my understanding investors often look at the team's unfair advantage so not having one will make your startup/idea inherintly less attractive. Can it still be worth pursuing such an idea or should you stick to things where you have some special edge over your competitors?

    submitted by /u/maldini94
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    Web design and online marketing:

    Posted: 04 Jul 2019 01:18 PM PDT

    I'm considering Bluehost to design my website and do online marketing. Any review is appreciated. If you've used their webdesign and online marketing (not hosting). I'd appreciate you share your experience

    submitted by /u/newby007
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    Which one should I sell and which one should I keep?

    Posted: 04 Jul 2019 01:13 PM PDT

    I'm a domain investor and between RokP.com and Ugzy.com, I'm thinking which one I should keep and which one I should sell now in order to stay more liquid?

    Which one do you guys like more?

    submitted by /u/LordAntares
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    Email Marketing Validity

    Posted: 04 Jul 2019 11:28 AM PDT

    I've recently acquired a list of around 9,000 people who work in a specific field. I've created a website and 2 or 3 landing pages for a product that I'd like to market to them. Is there a "standard" percentage of opens and click through rates that I should be shooting for? Will my emails end up in spam? Should I use MailChimp or another service to avoid this?

    submitted by /u/james0n
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    What cookie cutter strategy is best for each: marketing, manufacturing, product development, operations?

    Posted: 04 Jul 2019 11:15 AM PDT

    There are many 'custom' strategies that can be made for each department. But which template would you say is

    1. Manufacturing: Six sigma or kaizen
    2. Marketing: book - primal marketing template + book - persuasion code
    3. Product development: book - persuasion code, focus on customer intimacy
    4. Operations: standard business department framework + book - good to great
    5. Overall: employee + customer first approach. Align business to optimize for those targets (lean towards customer + employee intimacy). Desire to make the best stack of features and brand image. Best team to operate quicker and more effectively, leading to better end results.

    What templates, framework or strategies do you believe are the best suited for different aspects of the business?

    submitted by /u/ShoemakingHobbyist
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    Creating the website for a blog

    Posted: 04 Jul 2019 11:05 AM PDT

    I want to start a blog but I have no background in web development and the last time I started a website (once with WP and once with wix) they didn't look as good as I wanted so this time I would like to pay someone to create the site for me... This would be a simple blog without a lot of frills

    My question is does anyone have a recommendation for someone who can create a simple website without costing an arm and a leg but still doing a decent job? I fear with fiverr or something I will get someone who has about the same amount of experience as I do and the website won't look good. On the other hand I don't want to pay thousands to an agency.

    PS the blogs will be hosted on domains I already purchased (so I don't want to use like WordPress.com).

    submitted by /u/OWbeginner
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    Does someone selling a course automatically detract from their credibility?

    Posted: 04 Jul 2019 11:03 AM PDT

    I see it all of the time in Instagram posts. I scroll past their "incredible testimonies", and as always at the bottom of the page... the $800 course.

    Everyone is the comments is posting "wow! Hard work pays off! I cannot believe !".

    I'm not saying these people aren't selling their knowledge but don't most of these guys admit that their income isn't from stocks or real estate but courses?

    For instance, the one guy that sells the penny stock courses. Tim Sykes, is it? I've heard that most of his course is fantastic and has really taught people how to read the candle stick charts, short stocks, ect.

    But it comes to a point where a total nobody comes out of nowehere and they're like "Scott Douglas is here to turn this fucking industry ON ITS HEAD. Exposing the secrets that other investors won't tell you!".

    And it's literally just motivation dog shit or thing you could've found for free on youtube.

    submitted by /u/ChipBailerjr
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    Best prospecting management tools?

    Posted: 04 Jul 2019 10:47 AM PDT

    Hey guys, I'm looking for suggestions on a tool that effectively manages prospecting activities (emails, calls, other touchpoints, etc)

    It would be great if there were any cheap (~$50/m) tools out there with a sales cadence function, but I couldn't find any good ones.

    I'm familiar with using SalesLoft which I think is a great tool, but it's not possible to buy just one seat.

    What kind of tools are you guys using to manage your prospecting/sales process?

    submitted by /u/dmartensen
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    Private BETA testing of revolutionary decentralized ecosystem is open

    Posted: 04 Jul 2019 10:41 AM PDT

    Let us introduce an absolutely revolutionary project in the sphere of information security and privacy of peer-to-peer data transfer!

    Utopia is a decentralized peer-to-peer network, with no central server involved in data transmission or storage. The network is supported by people who use it and deliver high-quality features and perfectly smooth user Interface that offer a lot of value. With Utopia you can send instant text and voice messages, transfer files, create group chats and channels, news feeds and conduct a private discussion. A channel can be geotagged using integrated uMaps, which simplifies Utopia channel search and adds an additional security layer. As a result, there is no need to use public map services, which are known to collect your data to feed Big Data massives.

    Sounds rather interesting, doesn't it? Everyone has a chance to take part in the beta testing of our new unique product that doesn't have any analogs on today's market https://beta.u.is! And it's not the end of benefits! We have a generous rewards system. You can get your reward for any assistance and contribution to the testing of Utopia.

    uMail is a decentralized alternative to classic e-mail. No servers are used for mail transmission or storage. uMail account, that is created in a minute, enables unlimited messaging and attachment storage. Utopia ecosystem encryption guarantees the security of mail transmission and storage. Your uMail, as an internal part of Utopia, cannot be blocked or seized.

    All financial functionality can be found in Utopia built-in uWallet: make and accept payments denominated in Utopia mineable cryptocurrency Crypton, accept payments at your website, pay by Crypto Cards without revealing your Identity or bill fellow Utopia users for your services. Other features include API and console client for fast and easy integration.

    Utopia Network includes a safe alternative to traditional Domain Name System (DNS) called Utopia Name System (UNS). This is a decentralized registry of names that are impossible to expropriate, freeze or corrupt by 3rd-party. Once registered it is your property for infinity.

    UNS combined with Packet Forwarding functional allows to tunnel any kind of data between users in ecosystem, making possible to host different types of resources including websites inside Utopia Network. Utopia has built-in Idyll browser to view websites within Utopia peer-to-peer network. Idyll is a great alternative to the TOR browser.

    Developers of Utopia project worked hard for over 5 years and there are many other amazing features you will enjoy like voice encryption, tons of stickers and smiles, multi-player games, collaboration, and organizing tools.

    The Utopia team is happy to announce the launch of the public BETA testing.

    If you are interested in absolute data anonymity and are ready to help us to make our network better, welcome! Now anyone who wishes can get to know the unique features of Utopia and our revolutionary approach to the decentralized ecosystem designed for privacy. There is a generous rewards system for any help. You can choose on your own what role you want to have in our testing process: to search for bugs, to promote our product or to help other users to understand better how to use our features. We highly appreciate any feedback and will enhance our ecosystem in accordance with your comments. Don't miss your chance to become one of the first lucky guys who will get access to an absolutely unique novelty on the Internet!

    The stage of beta testing will last for approximately 3 months. After this period we will release a final version of the Utopia ecosystem and make it available for download. Utopia is absolutely free software without any one-time or recurring fees for using the widest range of Utopia's features.

    To get more details about Utopia and to take part in our beta testing, follow the link https://beta.u.is

    submitted by /u/dirdir207
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    Interesting Podcast Guest

    Posted: 04 Jul 2019 10:31 AM PDT

    I just listened to a podcast where they interviewed James Stratman. James owns a supplement shop in Scottsdale, AZ.(kinda like GNC) He talks about fitness and specifics, but he also talks a lot about his business model and how he treats his customers and employees. He's been doing great and has plenty of good ideas for starting a business. I'm trying to help a friend out by sharing it. You can check out the episode here: https://anchor.fm/thedutchandwhiteshow

    submitted by /u/Cdutch5130
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    Best lender for small business acquisition?

    Posted: 04 Jul 2019 10:27 AM PDT

    Happy 4th! Are there any lenders that ya'll recommend to check with if I'm looking to purchase a small business? I know each industry likely has their own lenders that specialize in that type of business but are there general tips on who to check with?

    In case it makes a difference, I'm looking to either buy a business outright around $300k purchase price or enter a partnership with the existing ownership (my stake would be about 40% and would cost around $120k). In both cases, I'm looking to finance as much of the purchase as possible.

    submitted by /u/ospreyintokyo
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    Is my company name going to negatively impact me in the future?

    Posted: 03 Jul 2019 11:02 PM PDT

    I am basically a one-man web agency. When I was thinking of a name, I wanted to go under something that sounds weird, creative and rememberable. I ended up going with 'Big Bad Studios' inspired by my favourite animal (wolf, big surprise) and my logo can be found here: https://i.imgur.com/MXPrhWb.png

    To be honest, I quite like the name, I love the logo, and in an age of weird, quirky names (Flying Pig Studios, EA FireMonkeys, and so on) I thought this would be acceptable. However, I've recently been thinking that maybe people will get scared away by the name, and instantly make a negative association. Am I overthinking this, or is there a certain degree of truth to it? Being 'bad' is not at all what I'm about, and like plenty of companies, the name has no association with my work (like Flying Pig Studios...).

    submitted by /u/Nyx_By_Night
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    Thinking of going into casino consulting.

    Posted: 04 Jul 2019 10:02 AM PDT

    I live in Las Vegas and have spent the last 3 years working for casinos. My last job was working on a drop and count team. All of their existing systems and processes were designed for small venues like bars and taverns, not a resort-style casino. This resulted in 55+ hours a week over 4 days, (position was supposedly four-tens). This went on for the better part of a year, because the GM refused to acknowledge anything was wrong or that the systems were inappropriate for the venue.

    During this time, there were small improvements, but nothing substantial. We were all still working insane amounts of overtime and there was constant conflict between us and the other departments. Regardless, I continued to work out new systems and procedures on paper because I knew it could be better. I had a lot of input from my own team and spoke a lot with other department heads to figure out how to make their jobs easier too in case the management situation changes.

    Eventually it did and corporate assumed direct oversight of our department. I already had a decent relationship with the person who managed the drop/count team and he knew that I had a lot of ideas of how to improve the situation. We immediately got to work on implementing them and almost overnight, we went from 55 hours a week to 42. Further iterative improvements got it down to about 37-38 hours per person, per week. Due to this, the company saved about 70k a year in wages for just 5 people, about $65k of this was overtime, not counting the savings on Medicare/SS taxes. This money was then used to replace some of our existing and outdated equipment and hire new employees. Morale was up, departments were getting better at working together, and when our audits came around, our department had the lowest number of gaming violations among any of their properties, and they were minor and easy to fix.

    Furthermore, I documented the processes and created new training and reference material to reflect the changes that had been made, significantly reducing training time. Turnover was also significantly reduced; we burned through 6 supervisors and 6 rank-and-file employees in the previous year. Regrettably, I'm not employed there anymore, but I maintained a good relationship with the current supervisor and corporate manager. and it seems that most of the people that were there 6 months ago are still there.

    I'm working for another casino now, doing the same job, and I'm seeing a lot of the same problems: inefficient processes, incomplete training, and poor documentation. We have 8 people on the team and most of us are still working 6 days a week. Unlike my last job, all of their processes are developed at headquarters and my manager has very little control over how we actually do things.

    I know I can fix this too, but I'm currently not in a position to do so. I'm also not interested in doing so for $9.5 an hour, which is even cheaper than the last job. From what I hear from other drop/count people, this is a problem common to a lot of casinos. So I'm wondering if consulting would be a good move. I only have 2.5 years of experience working in this environment, and I know $70k is probably small potatoes, but I feel like I've proven that I know how to work with people to look at these situations, find the problems, work out the solutions, and put them into place.

    What do y'all think? Is it worth a shot? Or am i high on my own supply?

    submitted by /u/walmartsucksmassived
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    Founders’ Agreement

    Posted: 04 Jul 2019 08:41 AM PDT

    I'm entering into a new venture with three partners. So the four of us want to put together a founders' agreement with a lawyer. I have some questions and would like the support of this community to answer them.

    What are the things that I should ask the lawyer to add/use in the agreement?

    What should I expect to already be in the agreement?

    Will the roles of each founder be included?

    Other than than the equity distribution what essential thing should the agreement include?

    Any advise from your experiences would be a huge bonus guys!

    Thanks

    submitted by /u/DRmanyake
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    A story of a young entrepreneur and why you can also be successful

    Posted: 04 Jul 2019 08:30 AM PDT

    Hi I am a 19 year old that is off from university for summer and will start full time again in fall. My journey began when I was 18 year old. I always wanted to own my own Buisness so I decided to start my own custom apparel Buisness.i discussed this idea with some greinds and professionals and they all told me the industry is competitive and I won't survive and some greinds and family were supportive of me. I ignored all the negative feedback and made a Buisness plan and applied to a program tuned by the government for youth people to start their own company. In this program basically the federal government in Ontario Canada gives young people under the age of 25 funding to start their own company. I applied and had an interview Ed and got selected out of 1000 people. The best interview tips for program like this is act confident don't even show a single sign of bieng hesitant and most importantly do lots of research in the industry you want to do Buisness in. My interview success came from me being confident and being able to answer all of their questions due to my research on my industry before hand. I got selected got the grants to start my own Buisness. At first I started small made custom apparel for freinds and family. Then freinds word of mouth got me more customers since my custom apparel printing was good quality and provided value. Then I started advertising on local websites like Kijiji that's what we call it in Canada the American version of this site is Craiglist. With a small ad buffet on Kijiji and by using the right keywords I got a lot of local customers and now they are my customers and always hit me up when ever the need something. Then elections came up and I called politicians to get their campaign shirts from me and guess what out of 10 three people actually got thier campaign shirt from me. Now I am a successful blocal custom garment printer in the market and o make a lot of money from this to pay off my tuition and spend money on other stuff as well. Lesson learned here is always be confident. Do research about your industry. Start small then local.

    TDLR: always be confident and do research about your industry before starting your buisness. When your starting your buisness start small And sell local then expand. Always provide quality and value. Be freindly and smile always.

    submitted by /u/Goku560
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    Need advice and opinions on promising start up

    Posted: 04 Jul 2019 08:22 AM PDT

    I'm at a cross roads as to keep going with my venture or cut it off. I've found a product in the auto industry that's pretty desirable, ordered some samples and sold them here state side and first couple customers were happy. Problem is it's a very customizable product; basically every car is different so the competitors who have been doing this for a while all do drop shipping, and don't hold any inventory. When I do the math they really can't be making that much money per unit, and I'm sure are losing a lot of potential customers since it takes 6 weeks or more to get the product after ordering. The supplier is also giving me a hard time in terms of going the drop shipping route. I'm assuming the other competitors are happy this way since they hold no inventory and lose nothing, they just sell what they sell and just spend money on their Shopify website and Facebook advertising. The supplier is pushing me to order inventory and keep stock of the most popular models, that way I don't scare any customers away, I can sell on amazon, and have happier customers since no more 6 month wait times. Downside would obviously be holding a bunch of expensive inventory and not being able to sell it. His idea also includes dropshipping or single ordering the rare vehicles. To his credit out of every 40 or so inquiries only 5 actually want to order after telling them it takes 6 weeks. So at this point I'm not sure how to proceed. I am excited at the opportunity of being able to sell on amazon when nobody else in my field is. Advice?

    submitted by /u/TheHaq12
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    Where can I sell my project?

    Posted: 04 Jul 2019 11:53 AM PDT

    I've built a Online Job Listing Platform (Cannot link here due to rules), but I wanted to know how/where to white-label the project and sell it so others can improve/grow on it?

    I'm not able to run the Platform as I do not have enough resource/money for Marketing it.

    Thanks

    submitted by /u/darkermuffin
    [link] [comments]

    Thinking of going into casino consulting.

    Posted: 04 Jul 2019 07:55 AM PDT

    I live in Las Vegas and have spent the last 3 years working for casinos. My last job was working on a drop and count team. All of their existing systems and processes were designed for small venues like bars and taverns, not a resort-style casino. This resulted in 55+ hours a week over 4 days, (position was supposedly four-tens). This went on for the better part of a year, because the GM refused to acknowledge anything was wrong or that the systems were inappropriate for the venue.

    During this time, there were small improvements, but nothing substantial. We were all still working insane amounts of overtime and there was constant conflict between us and the other departments. Regardless, I continued to work out new systems and procedures on paper because I knew it could be better. I had a lot of input from my own team and spoke a lot with other department heads to figure out how to make their jobs easier too in case the management situation changes.

    Eventually it did and corporate assumed direct oversight of our department. I already had a decent relationship with the person who managed the drop/count team and he knew that I had a lot of ideas of how to improve the situation. We immediately got to work on implementing them and almost overnight, we went from 55 hours a week to 42. Further iterative improvements got it down to about 37-38 hours per person, per week. Due to this, the company saved about 70k a year in wages for just 5 people, about $65k of this was overtime, not counting the savings on Medicare/SS taxes. This money was then used to replace some of our existing and outdated equipment and hire new employees. Morale was up, departments were getting better at working together, and when our audits came around, our department had the lowest number of gaming violations among any of their properties, and they were minor and easy to fix.

    Furthermore, I documented the processes and created new training and reference material to reflect the changes that had been made, significantly reducing training time. Turnover was also significantly reduced; we burned through 6 supervisors and 6 rank-and-file employees in the previous year. Though I'm not employed there anymore, I maintained a good relationship with the current supervisor and corporate manager. and it seems that most of the people that were there 6 months ago are still there.

    I'm working for another casino now, doing the same job, and I'm seeing a lot of the same problems: inefficient processes, incomplete training, and poor documentation. We have 8 people on the team and most of us are still working 6 days a week. Unlike my last job, all of their processes are developed at headquarters and my manager has very little control over how we actually do things.

    I know I can fix this too, but I'm currently not in a position to do so. I'm also not interested in doing so for $9.5 an hour, which is even cheaper than the last job. From what I hear from other drop/count people, this is a problem common to a lot of casinos. So I'm considering if consulting would be a good move. I only have 2.5 years of experience working in this environment, but I feel i've already proven my skill and ability to analyze processes, identify problem points, and implement solutions...

    What do y'all think? Is it worth a shot? Or am i high on my own supply?

    submitted by /u/walmartsucksmassived
    [link] [comments]

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