Accomplishments and Lesson Learned Friday! - (December 06, 2019) Entrepreneur |
- Accomplishments and Lesson Learned Friday! - (December 06, 2019)
- I feel offended, is it justified?
- I just found an Instagram account blatantly stealing my product designs and images... what should I do?
- Needing real, raw feedback on my Shopify store.
- Any single youtube video and or podcast that changed your life as an Entrepreneur?
- Charging clients for dumb projects?
- Taking your business remote-first
- /r/cutthebull rocks
- Any successful introvert entrepreneurs out there?
- Landing Page Validation - Marketing Techniques
- Smart Home Installation Business?
- New Healthy Product (would welcome feedback, including criticism)
- Just broke 20k in profit this month and turned 22 years old! Found this bit of text I wrote when I first started this CBD company and was too afraid to post onto here.
- Tech Business at 15 years old
- Senior full-stack (php/java/js) looking for job, anyone can help me?
- Miserable...working for minimum wage sucks. Easiest businesses to start?
- "What are the problems our product solves?"
- If you have a solid artist and good ideas, is teesprings ect even worth it?
- My dream is to open up a photo studio rental space for photographers and models to utilize; anyone have any suggestions or insight into the process of this and/or the challenges I would be facing?
- Chart for prioritizing entrepreneurial tasks
- Coursera/edx courses that helped you in your entreprneurial journey?
- Books or Resources on Managing Risk
- $60K/month selling healthy natural superdrinks [from France]
- Trying to figure out the best direction to go with a particular medical domain name
Accomplishments and Lesson Learned Friday! - (December 06, 2019) Posted: 06 Dec 2019 05:11 AM PST Please use this thread to share any accomplishment you care to gloat about, and some lessons learned. This is a weekly thread to encourage new members to participate, and post their accomplishments, as well as give the veterans an opportunity to inspire the up-and-comers. 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] |
I feel offended, is it justified? Posted: 06 Dec 2019 12:47 AM PST I (24F Asian) did a guest speaker event today about my nonprofit at a public University. I talked about my journey, what we do, etc. and at the end of the presentation I did a Q&A with the students. After the presentation, the TA (Asian Female) came up to me and was friendly- complimenting me on my performance and my journey so far. And then out of no where she starts giving me "feedback." Here is what she said:
Honestly, I am super confused by what she said because essentially what she is saying is that I'm coming across as a spoiled rich brat who got a handout from her family to start this nonprofit, which is NOT true at all. I worked my ass off to get this up and running, plus that was never my intention. I was just being honest about my experience. So, I don't know if her criticism is valid and things I truly need to work on. Because if so, I will work harder to reframe the way I say things so I don't offend people. If not, then she's definitely the one who is being overly-harsh with her feedback and I'd like to have a discussion with her about how the things she said is harmful. TL,DR; a college TA gave me some feedback on my presentation and not sure if they're valid or if I'm being overly sensitive. Need help sorting it out. Edit: reworded a sentence [link] [comments] |
Posted: 05 Dec 2019 09:01 PM PST I've got a jewellery brand that's been up and running for a few years now, and just found a blatant copycat account that has been stealing my designs and marketing photos straight from my Instagram. I've reported it to Instagram, but I'm worried that inaction will allow them to continue and would appreciate any help. Thanks, guys. Happy to link to accounts but not sure if allowed or not. Thanks! [link] [comments] |
Needing real, raw feedback on my Shopify store. Posted: 06 Dec 2019 11:08 AM PST Similar stores selling the same product are generating sales. I am driving traffic to my site, over 500 visitors in the first month, but no sales. All traffic is from FB ads. Any feedback is welcomed. Link: Printed Tweet [link] [comments] |
Any single youtube video and or podcast that changed your life as an Entrepreneur? Posted: 06 Dec 2019 12:28 PM PST For me it was London Real with Peter Sage. Changed my life. Especially about taking accountability for you life and just getting to another level as a man [link] [comments] |
Charging clients for dumb projects? Posted: 06 Dec 2019 12:20 PM PST I've been a software developer running my own company for a few years. Mostly I pass on projects where I don't see the value that I can add for the company. Then when I see the value, I build software, they're happy & I get a client for many years to come. It's old school mentality that has nothing to do with the predominant VC-funded, startup culture. I'm doing it exactly the opposite of how people do things. It is working well. Now I've built up a reputation & I was approached by someone who wants me to build an app. It's a dumb idea and he has no sales strategy. It would cost him $20K and that's a very fair estimate. I don't think anyone else would offer him a better price. But it's a really dumb idea. Plus this guy owns a Pizzeria. He's not going to go out of business by losing $20K but there also isn't so much affluence that he won't care. . I'm really on the fence here. On the one hand, I'm thinking that if I don't build it someone else will & they'll charge him more (or cut more corners). On the other hand, I've gotten pretty far by just surrounding myself with successful people and using my skills to add actual value. But $20K is real money to me. I can't pretend that I know what the future holds. Maybe it will create a situation where he has to take it more seriously & pivot the app idea. Or maybe I should just stop treating my clients as if I'm their mother & let them make dumb decisions will by acknowledging that I'm not doing anything wrong by taking a job. What are your thoughts? [link] [comments] |
Taking your business remote-first Posted: 06 Dec 2019 05:04 AM PST Many businesses are distributed in some way and have a concept of working remote. However, going remote-first is another leap from that. Here are a few pros and cons I have experienced while making the transition with my company, and the methods we used to improve them. Pros:
Cons:
What we did: Con 1. Tools like Slack and MDO easily allow for you to see who is in the office. Some people like the structure of having people work around them. It motivates them to stay on track. Others can be totally left alone. Both of these tools have worked great for us and our multi-cultural team. Con 2. We picked three overlapping timeframes within our office timezones. These are times where stand-ups and other daily meetings happen. This takes a leap, if you are on a first in the morning mindset. Your daily meeting may be at 4PM while another's may be at 10:00 AM. Calendly and Book Like A Boss have also helped with internal / external meetings and availability times. Meeting notes are in shared Google docs, they can be reviewed later if someone does a meeting in a different timeframe. Con 3. Honestly, this is not completely resolved yet. But we do use MDO's usage timer to gauge if someone is way over for a week. Shutting down, is one thing we do not like about Slack. If you have the app on your phone, you are going to get curious what those pings are and take a look. "You should be sleeping!!" We suggest that people do not have the mobile apps or strictly keep notifications off. Check it when you wake up, like the old days! Con 4. This was also a challenge because being remote-first means most of our meetings are online; as much as possible even with customers, .. yes Zoom. Because of this we still have a small local office where guests, in locations where guests need to be met. Con 5. Having a roundtable meeting with people who have not been introduced yet, or may not work directly with one another definitely helps (once per month). Donut can also help with introductions and on-boarding of new remote team members. Any other tips, tools, or ideas? We are still working on some of the kinks but overall think going remote-first is a good situation to be in for productivity and team happiness. [link] [comments] |
Posted: 06 Dec 2019 10:02 AM PST Hey all, I'm the guy who shit on this sub a few weeks ago and the community rallied. https://www.reddit.com/r/Entrepreneur/comments/dur40u/top_7_reasons_this_sub_is_hot_garbage/ Our new sub, r/cutthebull, is going great. The advice being offered/discussion is really high quality. Some guy posted a question in the sub and some other user even called him and they had a brainstorming session. This sub is the exact opposite of r/entrepreneur. If interested, feel free to join. Happy friday [link] [comments] |
Any successful introvert entrepreneurs out there? Posted: 06 Dec 2019 12:39 PM PST There seems to be a stereotype of entrepreneurs being extraverts... Are there any successful introverts out there? What are the challenges you face because of this? [link] [comments] |
Landing Page Validation - Marketing Techniques Posted: 06 Dec 2019 12:17 PM PST I just launched an email collection landing page to validate demand for a product we're building for ourselves. It's a description of the value proposition for the product, with a signup form to get notified as progress is made on it, and a contact form. I'll be doing some promotion to get a little traffic to it, on social media channels, existing websites, a few blogs. Are there specific ways (or locations) to get the right kind of traffic that you can recommend to get attention for a landing page like this? I wouldn't want to post it on Product Hunt for example, since it's not an actual product yet. [link] [comments] |
Smart Home Installation Business? Posted: 06 Dec 2019 06:01 AM PST Anyone here in the business of smart home installation? I don't know of any small businesses that do this and I'm curious if it's a viable service industry idea. The idea would be to sell the products - offering all brands like Nest, Ring and SimpliSafe; figure out the client's needs like home security, smart lighting, smart entertainment systems; and perform a full service set-up. If you're good at networking, you could even offer to set-up a VLAN for those worried about sharing video data in the cloud. Has anyone seen this idea work or have any thoughts? [link] [comments] |
New Healthy Product (would welcome feedback, including criticism) Posted: 06 Dec 2019 11:52 AM PST Created a new healthy product (a high protein chip) and not great at web development. Please take a look and give me some feedback on your thoughts of both the product and the website. Any feedback, including criticism is much welcomed. Thank you in advance! https://jabchips.com/ [link] [comments] |
Posted: 05 Dec 2019 07:01 PM PST It was literally titled "Make Reddit startup thread on /r/entrepreneur" in my old trello board. I've been on this subreddit too long. When I quit phone games I allowed myself subreddits like this one, when I quit TV I allowed myself Shark Tank. I am trying to be one mode, peep the username and you'll understand. Writings has always been a block, but I feel like my story and philosophies should keep it interesting while bringing you that necessary dopamine to pull your way through this text. [link] [comments] |
Posted: 06 Dec 2019 07:16 AM PST Hello there! My name is Herman. I own a tech startup company called Walker Industries! I started this company because I want to advance the current tech in the world and Elon Musk and Mark Zuckenberg will die one day. Stephen Hawkking already did. The question is who will be the beacon of technology when they leave? That would be me hopefully. I have been working on engineering since the 6th grade but coding and helping with cars before. I think my resume says everything about my past. I've worked on AI, Smart Mirrors, Hardware, PCBs and more. Currently I'm working on some cyberpunk tech and quite a few games (SAO, GGO, a parkour game where the users follow a drone IRL to get what is inside, thanks to sponsors could go from paper towels to keys to a car waiting for you, so there is a big risk there, a game where even the lore is made by an AI and is made to have years of game time actually happen before the game is out, a game where you can fight in planets from underwater to land to space seamlessly with anything youd like and AR COD zombies). I like working and I love thinking. I'd like others to be like this in the next generation so I have started on a hand on AR learning program that allows others to learn what they want for their future rather than being forced into multiple classes and worrying about grades for subjects they may never use. Right now, the focus is a taser ring (Max output 4kV), a semi smart watch, a smart mirror and working on some AR glasses. I think I have a good start, but I'd like some advice for what I should do to prepare. I want to go into mechatronics, but I'm not sure wht type of certifications I should get or anything like that. I want to go to University of Tokyo although I'm in the USA so I learned Japanese, but am taking a class for a certification so I can go to the Japanese classes where the teachers may be able to teach more in depth due to less of a language barrier. After me getting sponsored and all, I have done quite some work in school and have taken Honors and AP successfully. Now that we have that out of the way it goes to my main question. Im working in the said tech but I'm having a hard time racking up actual funds due to people underestimate me from my age. I understand I have a lit to learn, but I atead I'd like to find somewhere to work. I have a lot of skill as shown and I work to deadlines properly. Are there any suggestions for me to gain money and for my company as well? [link] [comments] |
Senior full-stack (php/java/js) looking for job, anyone can help me? Posted: 06 Dec 2019 10:48 AM PST |
Miserable...working for minimum wage sucks. Easiest businesses to start? Posted: 05 Dec 2019 03:49 PM PST Background...had a fitness business. Not a money maker. Doing it as a hobby, but will take a while to build up. There must be case studies of entrepreneurs who started with zero cash and made money. Not a programmer, bad driver, freezing outside right now. Any suggestions or gurus to follow? [link] [comments] |
"What are the problems our product solves?" Posted: 06 Dec 2019 09:25 AM PST "What are the problems our product solves? Do customers perceive these problems as important or 'must have'?" (Steve Blank) I always find it difficult to answer these questions when it comes to products like Instagram or Snapchat or anything related to entertainment. To me a problem would be something like 'I struggle to pay my taxes on time' or 'my car's battery goes flat way too quickly in winter'. These are the issues that can result in serious consequences. Things like Snapchat or Instagram solve some problems but I cannot imagine a scenario where anyone would call these problems important or would say that they cannot live without a photo sharing app. Yet these are huge businesses. How can I justify building something that is design to entertain people? Every time I'm trying to answer above questions I always come to conclusion that maybe nobody will want to pay for using an entertainment related platform because it's not really a serious problem and people can easily live without it. Am I looking at it the wrong way? Is my logic flawed? [link] [comments] |
If you have a solid artist and good ideas, is teesprings ect even worth it? Posted: 06 Dec 2019 09:14 AM PST So as A hobby i'd like to try some entrepreneural stuff, I think it would be fun, but I've never really gotten a hang of it. It just seems like it's too good to be true, that you can simply make a t-shirt design and make money with a bit of advertising, could that be a career? It's not so much for myself but my friend is an artist and she lives with me right now so I'd like to help her start making some money and teach her or learn along with her. How is fullfilment by amazon, do you really just buy stuff and resell it there? seems odd. [link] [comments] |
Posted: 06 Dec 2019 08:38 AM PST So one of my main questions that I've always wondered about people that start small businesses in those plazas or whatnot is, is it common for those owners to have taken out some kind of loan to start the business? Or is it more common that people actually save up a good chunk of money and utilize their own pocket for all of the costs of starting it up? To my understanding, the latter is better since you don't have to deal with paying anyone back and whatnot, but is it just straight up a bad idea to utilize a loan to start up a company when you have little saved up? I have a normal 9-5, but am also a freelance photographer on the side, so I have my own website, social media, etc. Any ideas as to what would be the steps into transitioning from here to a physical space with equipment that'd be ready to be open to other photographers that would want to utilize it, as well as myself? As I can imagine, it's a heavy initial cost, what with the space and the equipment costs, and the power to run it all. I'm totally oblivious to loans, so is there a way in which I can lessen the risk of this undertaking when looking for loans and other finance options? What are some legal challenges I would need to consider? And finally, at what point in the process should I be taking care of creating and trademarking the brand name/logo? Is this in the beginning? Apologies if this is all over the place. I literally have zero knowledge in this whole process and would like a better idea of how possible it is for me to pursue this at this time, or near future. [link] [comments] |
Chart for prioritizing entrepreneurial tasks Posted: 06 Dec 2019 08:18 AM PST This chart spoke to me in a stronger way than I would have liked. I think I classify everything as urgent. I'm incorrect. I need to change that. http://blog.escalon.services/infographic-how-to-prioritize [link] [comments] |
Coursera/edx courses that helped you in your entreprneurial journey? Posted: 06 Dec 2019 08:15 AM PST Did you find any helpful? I've enrolled in marketing classes myself...but then realized this is all bull shit theory...Dropped out and read digital marketing blogs instead, it was a way better use of my time. No point in learning the "7ps of marketing" [link] [comments] |
Books or Resources on Managing Risk Posted: 06 Dec 2019 08:12 AM PST Currently I am firmly in Wantrepreneur status and am looking for any resources on managing risk when undertaking new ventures. I feel like I have some marketable products/services/ideas but am having a hard time turning the corner to risk personal finances to start. Seeking guidance and advice if anyone is willing. Thanks! [link] [comments] |
$60K/month selling healthy natural superdrinks [from France] Posted: 06 Dec 2019 08:01 AM PST Hey - Pat from StarterStory.com here with another interview. Today's interview is with Julien DUTHEIL CORBIOLI of Natura Wellness , a brand that makes natural healthy superdrinks Some stats:
Hello! Who are you and what business did you start?My name is Julien, I'm 29, I'm French (Bonjour ;-)) and I am the founder and CEO of Natura Wellness. I've created the brand in 2017 from scratch at 27 years old after selling my first company. Natura Wellness is a food tech company that created unique and healthy Superdrinks 🌱 for your personal objectives. We have been live since April 2018, after 9 months of R&D to elaborate the best and natural product on the market. We started with 3 references and have now 12 references available on our website. We closed our first year with $40 000 in sales and will be closing our second year with almost $500,000 with a 1,200% growth. We truly believe that this is just the beginning of a nutritive revolution with more qualitative and traceable products and we want to build this future with our customers. What's your backstory and how did you come up with the idea?I've started some research about the food industry when I did some abroad years and became a student at the University Of California, Santa Barbara. I was playing for the soccer team of the university (Big up to the Gauchos) and I had to control my weight almost everyday. I learned the ingredients of almost every product on the market and I became obsessed to know exactly what I was giving to my body. After my short but intense soccer player career done I was in the best situation that an entrepreneur can dream for: I was in need of money. So I moved to Florida where I started to work as a real estate agent. The plan was to put some money on the side and build my own company not long after that. Luckily (or not, depending on the perspective) the French people were buying massive real estate at this time because of the financial crisis. I worked two years before deciding I had enough savings to start building something from scratch. I opened a French concept store which was sourcing products from France like wine, champagne, macarons, chocolate. First entrepreneur experience, first employees, first daily incomes. But kind of the first fail. Not financially but deeply I knew this was not really me. I wanted something with a real story to tell but also something scalable very fast. With the store, at best I would have ended up with 5 stores after 10 years… Not enough sexy from my perspectives. I had a proposition to sell the store from a french couple who wanted to live the American dream. I took the decision in less than 24 hours, I sold the store and went back to France. Back to zero, I was looking for something new to create, something fresh and fun. Something I could talk about 24/24 and 7/7. At that particular moment, I thought back about my Californian years and start looking at what kind of products were on the french market back then. Since I did not find any brand proposing what I wanted to see, I decided to create my own one. Take us through the process of designing, prototyping, and manufacturing your first product.I've created Natura Wellness at the end of 2017 with $5,000 after sourcing at least 20 nutritional laboratories. We worked for weeks to get the perfect formula. Testing every time by sampling them to friends or family. We started with some very basic formulas but always with the perspective of having a natural and tasty final product. In our formulas, you will find some classic natural ingredients like Curcuma, Ginger, Green Tea leaf, Hibiscus flower, etc and some secret ones that we can not reveal here :) We started building an Instagram community with a healthy lifestyle theme. At the very early start, we did not use any brand neither told anything about product development. We were posting some inspiring food, sport, lifestyle pictures. Sharing content every week at first and rapidly every day. Then seeing people's interest we decided to start communicating about our future project. We were asking about feedbacks to help us elaborate on the best formulas based on people's wishes. After a few weeks, we had a few thousands of engaged followers that were waiting for us to launch our super drinks and were ready to pay for it. Very important tip: You can not be sure of the success of your product until an unknown client is willing to pay for it. (by unknown I mean not your mom, brother or cousins) Concerning my knowings of the digital market, I had absolutely none. I knew nothing about the digital world and I had no idea how to run an E-commerce store. I watched tutors and learned from successful entrepreneurs through books and videos almost every day for 6 months. I subscribed to hundreds of newsletters and I remember very well reading the ones from Starter Story and especially the one about BruMate.That story really knocked me out "How come this dude made so much in sales with such a cool but basic product" I even sent a DM to the founder to congratulate him. He never replied, dude if you are reading these lines CHEERS. Describe the process of launching the business.The Natura Wellness website was live a few months later, in April 2018. Our website was slow, we had only three references and the pictures on the website where pictures from Pixbay. But remember: If you are not ashamed of your product when you go on the market, it means that it is already too late. We did our first sales the very first day after doing some announcements on Instagram since people were waiting for our magic drinks to be launched. The account was about 5 000 followers back then and we proposed to our first clients to use a promo code to get a 15% discount on the first orders. Since launch, what has worked to attract and retain customers?We tried to make our packaging different from what was on the market. The guidelines to our designer were simple: Fresh, natural but more than everything, easily recognizable on pictures for social media use. We first started by sending samples to bloggers and influencers who would talk about our superdrinks and get the people to know us. This process takes time. You can be frustrated because in the first days of the company every dollar counts and sending free products feels like selling your work for free somehow. But bloggers, Instagrammers are now real stars and they know it well. It is part of the deal if you want to work with them. We used to target micro-influencers (which means between 5K and 20K followers) to promote our brand. Now that our brand starts to be well known, we are targeting only big influencers and micro get to us naturally. Also and this is really important: You have to tell a story about your brand and have a long term vision. Break the codes to be known and to get exposure! https://www.instagram.com/p/B1s6Iugi1PX/ How are you doing today and what does the future look like?Today Natura Wellness has a 1,300% growth with almost 500K sales in its second year of activity. We are 100% self-funded. It is in our plan to raise funds and open our Capital in the near future. The funds will be affected to grow our human resources, develop new product references and start thinking about the Offline market. We want to keep growing big, fast and our ambitions are limitless. Through starting the business, have you learned anything particularly helpful or advantageous?In the digital world, data is key so make it your priority and be obsessed about it. You will have to understand your clients, get feedback from them and try to improve everyday your customer experience. I am deeply convinced that your consumer must be your priority. Treat the first one like it was your mom but more importantly treat the 10,000th one exactly the same. Of course, as entrepreneurs, we all make a lot of mistakes. I made a lot of mistakes. And I still make. It is ok. The most important thing is to learn from what you've done wrong and always try to improve yourself. Entrepreneurship is not a sprint but a marathon so get yourself ready, the road to success will be long. What platform/tools do you use for your business?We've started Natura Wellness on WordPress with the WooCommerce plugin. I think depending on how sure you will make a real business out of your idea, there are nowadays many easy supports like WIX to start at almost no cost. Note to yourself: Even if your company is growing fast, "feel broke" like the very first days. It is a terrible mistake to think that money is key. Return on investment is key. So keep an eye on what you are spending your budget and cut off if it does not get any return. Different tools that we use at Natura Wellness :
Personally, I do almost everything with Evernote: To-do lists, notes, etc. What have been the most influential books, podcasts, or other resources?For myself reading was the most inspiring thing and still is. Some books that I would recommend: Growth Hacker Marketing from Ryan Holiday, The 25th hour, Biography of Elon Musk, Influence and Manipulation fromRobert Cialdini. I started listening to a lot of podcasts as well. There is an excellent one in France called Generation Do It Yourslef by Mathieu Stefani. Go check it out if you are a French speaker, he interviewed the best french entrepreneurs! Advice for other entrepreneurs who want to get started or are just starting out?My best advice for entrepreneurs is the best one that was given to me: Don't follow advice. You will be misunderstood, ignored and rejected by average people most of the time. So do your thing and dream big. Are you looking to hire for certain positions right now?We are hiring and we want to build a great and ambitious team so if you are in France send your resume to Contact. Where can we go to learn more?Good luck to the future entrepreneurs out there! You will do great, you just don't know how for now. Be patient, trust yourself and work hard! Cheers Liked this text interview? Check out the full interview with photos, tools, books, and other data. For more interviews, check out r/starter_story - I post new stories there daily. Interested in sharing your own story? Send me a PM [link] [comments] |
Trying to figure out the best direction to go with a particular medical domain name Posted: 06 Dec 2019 07:42 AM PST Hello everyone, I've been wanting to do something with one of the domain names that I registered about a year ago. The domain name is 'Surgical.ly' and my original idea was to make it a medical supplies dropshipping website but not quite sure if that market is over-saturated. I'm open to ideas. Could it possibly be valuable to someone else? What comes into your mind when you hear Surgical.ly? [link] [comments] |
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