Wantrepreneur Wednesday! - (September 25, 2019) Entrepreneur |
- Wantrepreneur Wednesday! - (September 25, 2019)
- Dear Entrepreneurs: You need to charge more money
- Amazing business experience with a stranger I met on Reddit. Can I find more of you out there?
- [Discussion] Succeeding in the 21st century.
- How Cognitive Distortions Impact Startup Founders
- How we Launched Our Party Store On Shark Tank And Grew It to $300k/month
- What are your online businesses and how exactly do they make money?
- An app that guides you to financial independence
- So what did you learn from Thomas Cook?
- Do you have books on money management for beginners? (If I can find them for free online it will be even better)
- Inheriting beverage manufacturing company. Should we hire a VP or Director?
- A tool that lets you share text/code with someone without them being able to copy the text.
- Stop now. The world doesn't care about your dreams
- Where do you go when you need motivation?
- How To Hire Allstar Employees (Contractors) Part 2 of 3
- General business world tips?
- If you wear many hats, how do you introduce yourself
- I will build you a complete website for free. All you have to do is ask
- Should I let my client go?
- I just handed you a business pill. You get to choose which attribute jumps to 100%... GO!
- CD Baby's Confirmation Email
- Working from home w/ wife and 2 kids
- How would you invest $100?
- How much would you pay hourly to have a teen trying to make money rake your leaves?
- Now what? (Reality check)
Wantrepreneur Wednesday! - (September 25, 2019) Posted: 25 Sep 2019 06:10 AM PDT Please use this thread to ask questions if you're new or even if you haven't started a business yet. Remember to search the sub first - the answers you need may be right at your fingertips. 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] |
Dear Entrepreneurs: You need to charge more money Posted: 25 Sep 2019 06:20 AM PDT You're over at a friends house for dinner, and they pull out a bottle of red wine. They discovered it at a local vineyard while on holiday. It's delicious. Velvety smooth with a balanced flavor. So delicious that you want to buy a bottle for yourself. You pull out your phone to order online, thinking that it'll cost about $40-50. But after a quick search online you see that the price is only $8.99. Before hitting the 'Add to Cart' button you refill your glass and take another sip. Hmmmm. Come to think of it, there's a bitter aftertaste that you missed before... and you decide not to buy. This experience of price influencing our perception is VERY common. We're primed to think that a higher price equals better quality. A study at Standford University even confirmed this effect on wine drinkers. Increasing the price on the bottle made it taste better. It's a powerful effect, with many studies backing it up. One of the most interesting studies comes from Dan Ariely (author of Predictably Irrational)... 82 participants received two small electric shocks. One before taking a pain killer and one after. In group 1, they told them the pain killer cost 10c, and they reported less pain 61% of the time. In group 2, they told them the pain killer cost $2.50, and they reported less pain 85% of the time. But the twist was that both pain killers were actually placebos. The reduced pain was all in their head. So a high priced placebo reduces pain way more than the cheap one. This highlights the powerful link between price and perceived quality. Since we relate price with quality, it has profound implications on your pricing strategy... It's important to remember that true market value has very little to do with how clients judge your price. It's all about perceived value. If you can solve a big problem for your clients, then the perceived value is very high, and you need to charge a high price. As long as you can show the value in your service (how much time, money, or pain you save) then a high price actually makes you more desirable. The importance of doing this cannot be overstated... Higher prices makes your services more desirable. You'll attract better quality clients that appreciate and value your work. This leads to better testimonials and reviews, more referrals and sales, and a flourishing business. You'll be happier, less stressed, and able to reinvest your time and energy back into the business. On the other hand... Lower prices means you're competing on price, not quality. Your service has now become a commodity. You'll attract low quality clients that expect you to work for peanuts while delivering the world. This leads to bad reviews, less referrals and sales, and a shrinking business. You'll be more stressed trying to make ends meet, deliver sub-par work as a result, and end up hating your business. It's a downward death spiral that you do NOT want happening. Key Takeaway: Avoid the temptation to drop your prices to attract more clients. More often than not it's a bad decision. If anything you should be raising your prices. Do you have any examples to share below? I'm giving Gold to the best comment :) As judged by me, not the one with the most up votes. Awarded in the next few days to give everyone a chance to comment. And if you like learning about this stuff then feel free to join us in the Client Science Facebook group. It's a growing community of business owners using the power of science to make more money. [link] [comments] |
Amazing business experience with a stranger I met on Reddit. Can I find more of you out there? Posted: 25 Sep 2019 01:43 PM PDT I put out a post that was down-voted to hell a while ago, a call for very specific help on putting together the foundation of a website that I had done the copy writing for. Out of left field jumped Toby. He hasn't asked for a shout out, but I want to highlight how amazing of an experience it was to work with him on this project in a very focused way. I think the project went very well because of this formula.
Toby was on point and told me Wordpress wasn't his choice for websites and that he used another form I wasn't familiar with. He showed me an example of his work and I agreed to give it a shot. In two days I had exactly what I wanted. It was such an overwhelmingly positive experience and I got to support someone who is trying to build a digital nomad lifestyle in Colombia. (Hes British.) This work has me hungry for more and wondering what other type of talent is hiding in this sub? If you do design work, copy-writing, logos, websites, t-shirts, project work of any kind can you do three things.
Don't know if this is breaking the rules, and I would imagine it wouldn't be because I'm not selling anything but an amazing experience I had on here supporting another redditor. If you have something interesting I will do my best to support you. [link] [comments] |
[Discussion] Succeeding in the 21st century. Posted: 25 Sep 2019 08:25 AM PDT I know everyone has a different definition of success, but I'm interested in all the opinions on this topic. Basically from digging through the past, to me it seems that during the 80s and 70s for example, there were much more opportunities for people to build and succeed. At this point in time, I feel like it mostly comes down to luck and being at the right time, the right place and knowing the right people. As the world's population grows bigger and bigger, I assume so does the competition thus making it difficult for others. I am currently in my mid 20s, middle class background, I have picked up my small family business which has been struggling for a while and I am working on a side project which I'm positive of it's success due to the incompetent "competition". Regardless of that, I feel like the success rate for millennials is much lower compared to 30-40 years ago and the current generation's wealth is mostly passed on from the previous generation. All that being said, I really do think that it will just keep getting more difficult, the rich will get richer and the middle class/lower class will keep getting poorer. Thoughts and opinions? [link] [comments] |
How Cognitive Distortions Impact Startup Founders Posted: 25 Sep 2019 12:34 PM PDT When I came onboard Quirk about 4 months ago, I honestly knew very little about Cognitive Behavioral Therapy or Cognitive Distortions. My brother had launched this little app and I just wanted to help him grow it. At this point in my life i've been founding different startups for almost 7 years now. So with 7 years of experience, I can say this with absolute certainty. Starting a company is a manic rollercoaster of a mind F@#$. I came from an extraordinarily privileged and sheltered background. Yeah, I "dealt with stress" growing up. I dealt with being forced to learn piano since the age of 7. With getting in trouble for getting B's instead of A's. With cramming for my SAT and ACT's. Bragging to my friends about how I only slept for 4 hours last night. See? "Stress." Entrepreneurship is a wake up call. Failure doesn't mean getting a B on a paper. Failure means not being able to buy groceries. It means that employee with 3 kids can't buy groceries. It means those family and friends who pitched in on your early round are out money. Stress from a startup is when you get a call from a client asking why your employee left a "pipe" outside their house. Stress from a startup is when you maxed out a $5,000 27% APR credit card to buy inventory. Stress from a startup is when that client decides they can bring your contract "in house". The highs of making a ton of money, landing a huge investor, and bringing on a new client is incredible. But the low's can be rock bottom devastating. How founders deal with this kind of stress and anxiety will literally make or break their company. If you aren't familiar with CBT, a Cognitive Distortion is like a logical fallacy which is the root of almost all stress, anxiety, and depression. As Quirk went through the Y Combinator S19 batch I watched and learned how Cognitive Distortions were affecting not only my batch mates, but my own company as well. Fortune Telling Causing You Anxiety? 🔮Personally, we are horrible at fortune telling. Fortune telling is a logical fallacy where predicting the future causes you to be unhappy. This is probably the most common cognitive distortion because a HUGE part of a startup in the early stages is planning for the future. It's a tricky thing to deal with. On one hand you are literally required to constantly think about the future and make plans. What happens if a competitor clones your product? Is hiring this employee going to end badly? Will this investor actually close my round? It's a terrible trap that founders fall into because they have to constantly think about the negative impacts of their actions. Cognitive Behavioral Therapy states that your thoughts cause your mood. Well if you have to constantly think about what bad things can happen, that will severely impact your mood. That's why it's important for founders to be able to recognize distortions like Fortune Telling. We have to be able to analyze a situation, recognize the worse possible outcome, and then make a logical strategic decision. By recognizing when we are making ourselves anxious/stressed/depressed by predicting the future, it lets us take a step back and realize we don't have to let a future problem impact our emotions and decision making. Catastrophizing 🤯 Turning Small Problems Into Big ProblemsBad things happen all the time. We are ALL held together with duct tape. Since we launched Quirk only 4 months ago?
The world is filled with small problems, very rarely is something truly a catastrophe. I can't tell you how many times we thought Quirk was doing poorly. That this was never going to work. That we needed to pivot into XYZ product. You know the best part about small problems? They're easy to fix. We fixed our android trials. We found investors that wanted to come on board. iOS will eventually pay us. My Co-Founder is updating our app as I write this. "Oh no all of our users are crashing!!" It's easy to turn this into a catastrophe and allow it to cause us huge amounts of stress, anxiety, and depression. But this stress and anxiety doesn't help us solve the small problem that it truly is. Maybe it's a day of work. Maybe it's a week. But it's a solvable problem and just another 24 hours in the day of a startup. Learning to recognize when you are catastrophizing makes it easier to not stress and become anxious over small problems, which lets you make better decisions and become more productive. If you're interested in learning more about the different distortions go check out our distortions page or just download Quirk below. Learning about these distortions wont just help you launch a company, but they can severely reduce your day to day stress, anxiety, and depression. --- If you liked this article I write more about mental health here! Fair warning, I own Quirk so don't click on that link if you don't want to support me. [link] [comments] |
How we Launched Our Party Store On Shark Tank And Grew It to $300k/month Posted: 25 Sep 2019 03:20 AM PDT The Party People was started by my mum Mala Salakas 30 years ago when she was "Patches" the clown. When she mother started the business, we were actually teased at school because our mum was a clown! Her passion for parties led her to open a small kids party venue with her father. The venue also sold a small amount of balloons and party supplies. Around the same time McDonalds also launched party rooms and so the concept didn't take off but sales of party supplies did so the business evolved into a party store. In 1998 Mala decided to launch an online party store making her the first in Australia. The business grew as a result. In 2007 my brother and I took over the business and focused on the digital side of the business which accelerate growth. How did being on Shark Tank affect your business?Janine Allis offered us $400,000.00 however we turned it down as she wanted to much of the business for the cash injection. Shark Tank was amazing for the business. Over 1million people watched us tell our story of our business for 10 minutes because they wanted to watch it and not because it was an advert so it was far more powerful in raising our business profile than any advertising. The website crashed the night we aired. Given we had worked with our hosting company to avoid such an issue, that shows the sheer volume of people was more than anyone could have expected. Who is your target demographic?From a marketing perspective the worst answer to this is "everyone". But for us, its very hard to narrow a specific demographic. We cater for every birthday from 1st to 100th, we do baby showers, weddings etc etc and then there are seasonal and sporting events like Octoberfest, halloween etc. Literally everyone could be our customer. We like to think of our customer as someone who wants to have an amazing celebration and wants to impress their guests. We get asks for strange things all the time. From blow up doll's, to dead bodies (for halloween), to fake poo. We are a party shop, plenty of fun to be had! Generally balloons are our best sellers however as we have lots of seasons its varies each season from Spider web at Halloween to easter hat and easter. How did you initially fund the business?The business originally grew organically. When my brother and I took over, we actually did have to purchase the business with a loan however within months of taking over we were able to renegotiate trading terms with our suppliers giving us the cash injection we needed to fund the business. Did you run any companies prior and what motivated you to start your own business?Yes, I ran a DJ hire business for many years. Before The Party People Dean was a business analyst at Woolworths and Peter was an Exercise Physiologist and Bounce. Peter and I both had roles we enjoyed that offered further career progression, however the thought of giving something a go was too tempting. We really saw a gap in the party supplies market we thought we could fill. When Peter and I took over it was just a family business with 1 employee, however we just recruited from Seek. Most of those first few hires are still with us today and have now been with us 9-10 years. We help people create the parties of their dreams. We help people create memories. So when things go wrong, I try to remember what we are trying to do here at The Party People. Do you have any advice for someone just starting out?Don't start a business, its too hard. If you ignore my advice, you might have what it takes. What is stopping you being 3x the size you are now?Funding, growing retail requires a large amount of money to fund each store so we just need to wait long enough for profits to build up enough to be able to grow. We will consider capital raising in future to grow our business however the timing needs to be right as currently its a difficult environment to raise capital for a retail business. What are the top apps your business could not run without?ASANA It's a task management tool and its been instrumental in helping our team coordinate tasks where multiple people are involved. Employment Hero It's a staff management software that coordinates the team, rosters, time sheets and employees pay. Before it there was a lot of time spent managing those things. Google Docs Sometimes we use microsoft doc programs however when collaboration is required we often use google docs instead. What are you working on now?We just launched a Halloween superstore in Melbourne as a pop up concept. Depending on the learnings we may just consider rolling out multiple halloween pop up's next year. We are also considering opening another party store next year however depending on the above it may affect our available cash flow to do this. Would you ever sell the business?We would consider selling for the right price. I think we are the right people to grow the business to a point, at some point it's probably beyond being what we are good at and so I think we would consider selling at some point. For now, we love our business and couldn't think of anything else we would rather be doing. If you enjoyed this interview - I post more here. [link] [comments] |
What are your online businesses and how exactly do they make money? Posted: 24 Sep 2019 10:07 PM PDT |
An app that guides you to financial independence Posted: 25 Sep 2019 12:56 PM PDT I just launched the 2.0 version of my app on Product Hunt today. We were built using the principles of the FIRE movement (a financial movement that helps people achieve financial independence). Would love feedback. [link] [comments] |
So what did you learn from Thomas Cook? Posted: 25 Sep 2019 09:20 AM PDT So I'm doing research on Thomas Cook for a YT video I'm making and learning what I can from this 178 years old business going under. I mean, obviously the main reasons (at least those they could control) here are:
What did you learn? Either as an investor or a business owner? [link] [comments] |
Posted: 25 Sep 2019 01:24 PM PDT |
Inheriting beverage manufacturing company. Should we hire a VP or Director? Posted: 25 Sep 2019 12:23 PM PDT My cousin and I will soon be taking over a 35 year old beverage manufacturing company created by our deceased grandfather. As 2 guys in their mid 30's with no experience in the manufacturing industry, nor running a company consisting of 40+ employees. How do we go about handling this? To keep it simple, the company does $11m in revenue annually with an EBITDA of 6%. Our grandfather handled a lot of tasks including sales on his own and other things that only industry professionals would understand. The plant manager and office manager are the only administrators in the company. Our goal is to grow the company, as it seems like it's been stagnating for the last 5 years. What are our options, should we hire a director or Vice president who know a lot more about this industry than us. [link] [comments] |
A tool that lets you share text/code with someone without them being able to copy the text. Posted: 25 Sep 2019 12:17 PM PDT Does it seem like something you guys could use? Maybe a professor who wants the students to write their own code but wants to give sample code? Someone who wants to show articles without letting them directly copy the text? I already made this: http://copyprotecttext.com/ Does this seem useful? What features do you guys recommend? This is like the MVP. Many things can be added. It has a text limit. [link] [comments] |
Stop now. The world doesn't care about your dreams Posted: 25 Sep 2019 06:17 AM PDT Just my 2c on this recent popular post. Stop what you're doing and look at your business through an unemotional lens. Did you start the business because its what you want to be doing or did you start it because there is a gap in the market and room for you to compete? The market doesn't care about your dreams and desires. The market doesn't care what you love doing. If you end up growing a successful business you won't be actually doing whatever it is you love for long anyway. You'll be managing and selling and overseeing the processes. If it's a passion project you're more likely to keep working in your business vs working on your business. You're more likely to undervalue your time. You're more likely to keep at it for too long and make emotional decisions. The worst part is that you are competing with similar mindsets. If it's your dream it's likely many other people's dreams too. When the participation is high the odds of success go down. It's a matter of supply and demand. Do you think it's easier to get rich playing basketball or hauling junk? I can hear the naysayers now and I'll agree that passion does help with the work ethic and dedication. Passion helps with the long days and helps you get through the dip. But being able to make logical and unemotional decisions is way more important. Notice the other poster is passionate about progress and building something. Thats great advice. Get passionate about entrepreneurship and building a business. When you spot an opportunity dive in. Thats how you succeed! If you like this kind of thing hang out with us over in r/sweatystartup [link] [comments] |
Where do you go when you need motivation? Posted: 25 Sep 2019 12:02 PM PDT I'm in a bit of slump. Any specific books I should check out? Instagram, Facebook pages, or blogs? Open to suggestions. Thanks! [link] [comments] |
How To Hire Allstar Employees (Contractors) Part 2 of 3 Posted: 25 Sep 2019 04:11 AM PDT How To Hire All-star Contractors (Part 2 of 3) What's up r/Entrepreneur! I'm back with the much anticipated Part 2 of our Hiring series! If you missed part 1, you can read it HERE. I'm going to jump right in to Step 4 of our Allstar Hiring Process: Stage 4: In Person Interview After you pre-qualify your applicant, the next phase is the in-person interview. You'd be surprised how many people take this step lightly, if AT ALL! I've heard of so many contractors speaking with someone on the phone, and having them show up at the job in order to try them out! NEVER DO THIS. The way we do our In-Person interview is just as systematic as any of our other phases, with a little more detail:
Questions & Conversation Start with an icebreaker - talk about how they got into the trade you're hiring for, or talk about how why they're interested in working with you. Once you break the ice, your goal is to hit 3 objectives:
As you are asking the questions and they are answering, keep in mind the client...Again, pay attention to mannerisms. (Remember: This is a lesson on hiring ALLSTAR employees, we pay attention to things outside of job qualification because we believe customer service is the best way to grow a business...someone who's an incredible painter, but a sketchy person to be around...isn't ideal for our clients) Here's some example of Behavioral Questions: Ok, applicant...Tell me about a time you made a mistake on a job and didn't know how to fix it...how did you handle the situation? In MOST cases, your applicant is NOT expecting this type of questioning...which is GOOD! It will be an honest, up front answer. Ok, applicant.. Have you ever dealt with a company policy you weren't in agreement with? How? Usually, these types of questions are going to help you understand how a person acts, their character, and their demeanor. Types of people to avoid:
Great, you've gotten through your behavioral questions! Next is your Job Related Questions Obviously, to each trade it's own, so this is where you would come up with 5 or 6 questions that regard to your specific trade. For us, it's painting...so we would ask:
Etc. Lastly, we discuss finances… I ALWAYS ask what THEIR pay expectation is...I assume that if you've done your Google Form right, you have a pay scale in there that attracted them, so it's probably around what you had. Always have a number in mind that you are willing to pay a qualified candidate. If the number they have in mind is lower than the number you are willing to pay, use this as leverage to encourage loyalty and good behavior if you decide to onboard them! Applicant: I was hoping for $12 per hour You: Awesome, well I'll tell you what. If we decide to bring you on, and you turn out to be an exemplary employee, we'll give you $14 after your first 60 days. I hope you enjoyed Part 2 of 3 in our Hiring Process! Stay tuned for Part 3 to see how we finish out the hiring process, and narrow down our applicants to the perfect Allstar. If you are interested in taking this a step further, I put together a comprehensive training that goes over all the questions, and walks you through the entire process (for you visual learners!) You can check it out HERE. [link] [comments] |
Posted: 25 Sep 2019 11:31 AM PDT Hey guys, so we are in the process of registering a business for an app. We got the idea to develop this app after a business asked us to make an app like another one that existed at that time (it didnt work and was full of bugs, but still helped the businesses). I just would like to know what advice do you guys have. How to handle the people that will try to get you down and tell you it won't work. How do I go from being a univarsity student to being a professional business owner? People see this service as a good one, but not as a necesary. (If that makes sense) How do i convince people that they need this service. And just general tips on the business world. A lot of people say business men are ruthless emotionless robots. Oh and that it is lion world out there! xD Thanks in advance! [link] [comments] |
If you wear many hats, how do you introduce yourself Posted: 25 Sep 2019 11:26 AM PDT If you are doing like three things at a time, freelancing, running a business and working part-time. How do you choose how to introduce yourself. Am I a freelancer or the owner of a cool business? Or a sales dude? I think a concise answer is a good idea. Currently, I have been fumbling around with my introduction and its been poorly received. [link] [comments] |
I will build you a complete website for free. All you have to do is ask Posted: 25 Sep 2019 11:23 AM PDT 1st year CS student - taught myself web development before I joined college. Looking to gain experience with clients in general. The labour is completely free of charge, you will only need to pay for the domain name and the hosting [link] [comments] |
Posted: 25 Sep 2019 11:11 AM PDT I have a client who I've had some mixed results in SEO and PPC with. Pros are I've gotten their target keyword to page 1 of Google and I rebuilt their PPC account in Google and Bing. Cons are that other words are not ranking due to the slowness of implantation on their end. My issue is that the CEO hired me, but I work with two jr. members who are hard to communicate with. We've tried emails, shared excel documents, and now slack to talk, but its mainly me talking to myself. The issue becomes that many SEO suggestions are handled by them with delays in implementation. I get anxious bc the CEO is a numbers guy and sometimes is not sure what I'm even doing when results stay stagnant. I had mixed feelings with them from month 1 where the implantation was so slow that I emailed the CEO to say how nothing is getting done and I feel bad that I'm getting paid for nothing. I called them out to the CEO directly bc they handle the implantation, so my hands are tied. I have a 30 days out clause that I can excersise myself at anytime, so I'm thinking of giving them the last month free (to make me look like I was trying to help), but leave them after that. As a note, I've expressed the delays both on the phone and in person, but nothing changes. I also hate knowing I'm not doing my best work for my clients, so I feel guilty when I get paid knowing that the month will be minimal in changes. Not to mention that this client gives me anxiety often. Thoughts? [link] [comments] |
I just handed you a business pill. You get to choose which attribute jumps to 100%... GO! Posted: 25 Sep 2019 11:09 AM PDT Quality of work Attention span Productivity level Memory Physical performance Which one do you choose? [link] [comments] |
Posted: 25 Sep 2019 04:52 AM PDT I'm sure a few of you have heard this story. But it's worth telling again for those who haven't. Back in 1998, when Derek Sivers started CD Baby, their order confirmation email was the regular: "Your order has shipped today. Thank you for your business." But for Derek, this generic email felt at odds with CD Baby's mission of putting smiles on faces. So he spent 20 minutes writing up the following:
Not only did it succeed in putting smiles on faces, people were so enamoured that they flocked to music forums and personal blogs to share the email. This led to discussion after discussion about CD Baby, plenty of valuable backlinks, and in Derek's words: "thousands of new customers." In fact, if you run an exact search on Google for "private CD Baby jet," you'll see just over 2000 search results. That's how many different sites have copied out Derek's email. Companies like to think that a "better product" is always the answer. Sometimes, 20 minutes of creative writing can be far more effective. To quote Derek: It's tempting to try to think all the big thoughts and come up with world-changing massive-action plans. But please know that it's often the tiny details that really thrill people enough to make them tell all their friends about you. If you found this useful, I write about real world marketing examples on marketingexamples.com. Any questions, I'll be in the comments. [link] [comments] |
Working from home w/ wife and 2 kids Posted: 25 Sep 2019 06:57 AM PDT Hi all, so in January/Feb of 2020 I will be leaving my FT job to pursue my business FT and I'm terrified of working from home with my family always being around. I have a 19 month old and a 7mo pregnant wife at the moment so when I leave I will basically have a 2yr old and an infant. My wife works 2 days and when she does the kids are typically watched by family. Right now, I'm working both jobs and it's a disaster trying to get anything done when I get home. I'm worried that I'm going to take on this massive responsibility and I'm not going to be able to give what's required because I'm going to be constantly distracted. I know others here have dealt with this but I want to know what can be done to minimize the interference, distractions, etc. I'm currently remodeling my basement to be my new work space (my office now is being remodeled for the new baby). I've talked to my wife already and she said that it's going to be fine but I can already see it. Me in the basement, trying to work, her running around upstairs struggling trying to care for 2 kids and me feeling guilty like I'm ignoring them. I run a small photography business and a brick and mortar location is completely out of the question. This is something I'm going to have to deal with for a long, long time. Any advice? [link] [comments] |
Posted: 25 Sep 2019 06:56 AM PDT |
How much would you pay hourly to have a teen trying to make money rake your leaves? Posted: 25 Sep 2019 10:33 AM PDT I am 14 and want to find a way to make money. So I decided since Fall is approaching Im going to begin raking other peoples leaves. Im asking everyone I know this question so I can get an idea of what to charge. It is in the title and restated below How much would you pay hourly to have a teen trying to make money rake your leaves? Also, Im in california and the Minimum Wage here is 12 USD. [link] [comments] |
Posted: 25 Sep 2019 10:14 AM PDT So, after thinking about a side-hustle for months on end, and dropping hints to family and friends saying "oh wouldn't it be great if this existed?" and everyone responding with something really positive, like "... actually yeah why doesn't anyone do that?"; I've decided to give my idea a shot. Because why not, right? Sure, it's ambitious, but if it works, I believe it could really change the face of the relevant industry. It has potential, as it delivers value (in terms of time and money savings - which is the holy grail for any start-up). I'm UK based, and have a registered dormant company in the same name as my side-hustle brand that I'm working on. I've created a website, logo etc, and most importantly - a full business plan. I feel like I know exactly what to do -- if I only had the money to do it with... Ideally, I'm after Venture Capital + involvement from said Venture Capitalist (there's equity on offer), rather than a loan, mainly due to the fact that my first child is about to be born (any day now) and I want to avoid as much financial risk as possible. With that in mind, I have created a project on Crowdfunder, but only a few people per day are finding that page, and about 15 people per day my website - with zero pledges yet. This is nowhere near enough exposure, and I doubt this is even the correct audience... My question is -- what can I do to have more exposure on this, and is there anywhere else similar to Crowdfunder where I can attempt to raise Venture Capital? All feedback welcome - Thanks everyone! [link] [comments] |
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