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    Home Unlabelled Dan lok is a scam and everything else you hear is a lie. Entrepreneur

    Dan lok is a scam and everything else you hear is a lie. Entrepreneur

    December 29, 2019

    Dan lok is a scam and everything else you hear is a lie. Entrepreneur

    Dan lok is a scam and everything else you hear is a lie.

    Posted: 29 Dec 2019 06:45 AM PST

    I ran across a few posts on here about people asking if they should spend $2500 on dan loks HTC program. No, just look up the testimonials from all the people who took his course here I'll help you out [Dan Lok Real HTC Student Testimonial] Part 1

    Another student testimonial Part 2

    Please before you waste your money on his program watch the videos above read the comments and you can tell his whole HTC is like a cult, they delete negative comments, threaten legal action, and there members are in a pyramid scheme in that Dan only makes money and everyone else doesn't make shit, they encourage people to recruit young vulnerable kids Link 3

    Nobody had made money from a dan lok program, he's a fake entrepreneur, even if he did some of the stuff he claimed like starting a lawn mowing business in high school (his most believable claim by far) , he lied about how he made it to the top and scams people daily knowing dam well his programs don't work.

    If by now your to blind to see that dan lok is fraud, then go ahead and give him your money , hell, join dan on demand and closers in black to, why your at it might as well let him take your wife considering everyone beneath him is called a bitch by him and is forced to call him sifu.

    Fake sales call link

    submitted by /u/jazzyskush
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    So, are these “Make thousands with Amazon” a scam, or is it viable?

    Posted: 29 Dec 2019 05:18 AM PST

    I've been toying around the idea of trying this Amazon drop shipping.

    However, it seems like the ones that DO make money are the ones selling courses to the people who want to "learn"

    I've had a good amount of time on my hands, and have been thinking of just trying it.

    I can get all the courses at a very very heavy discount, so buying the courses; I could careless about.

    I'm just curious, if anyone has tried it or what your thoughts are about it.

    submitted by /u/IDidReadTheSideBar
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    Started up a new business but no sales

    Posted: 29 Dec 2019 09:05 AM PST

    Hi,

    I've recently started selling wireless earphones, however I haven't received any sales.

    Earphones are always in demand and surely with the right marketing strategy it's possible to compete in the market?

    Website: www.syllablesounds.com

    submitted by /u/hellman501
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    Have you used a business/life coach?

    Posted: 29 Dec 2019 06:51 AM PST

    Hi everyone!

    I have a couple small businesses that I run, and I have big plans for them. I work exclusively from home so I'm alone most of the time, so j have no one to bounce ideas off of.

    Im finding myself with big goals and not always holding myself as accountable as I probably should.

    I've been considering a business/life coach to get a different perspective on my approach and attitude.

    Has anyone used a coach? Do you recommend getting one? Did they help? Is there anything else you think I should know?

    Thanks!

    submitted by /u/rbp1995
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    $8M/year with a stock market research website [70% profit margin]

    Posted: 29 Dec 2019 08:00 AM PST

    Hey - Pat from StarterStory.com here with another interview.

    Today's interview is with Matthew Paulson (u/MatthewDPX) of MarketBeat, a brand that makes financial information

    Some stats:

    • Product: financial information
    • Revenue/mo: $665,000
    • Started: January 2011
    • Location: Sioux Falls
    • Founders: 1
    • Employees: 6

    Hello! Who are you and what business did you start?

    My name is Matt Paulson and I'm the founder of MarketBeat, a financial media company that empowers individual stock investors to make better trading decisions by providing objective financial information and real-time market data.

    In other words, we make it easy for investors to research stocks. We publish a series of investment newsletters surrounding different investing strategies, such as following Wall Street analysts' recommendations or investing in dividend stocks. Our flagship newsletter, MarketBeat Daily Ratings, currently has more than 1 million active email subscribers. Our website, MarketBeat.com, offers a variety of financial calendars, original news content, stock screeners and other investment research tools. MarketBeat's network of websites attract more than 8 million visitors each month.

    Our company operates on a freemium model. We cover our costs for our free subscribers through advertising on our website and in our email newsletters. We also sell premium subscriptions at $20.00-$40.00 per month which provide additional features, data and research tools. Currently about 75% of our revenue is from advertising and 25% is from subscriptions.

    MarketBeat is expected to generate approximately $8 million in revenue in 2019 and end the year at about 1.3 million unique email subscribers.

    image

    What's your backstory and how did you come up with the idea?

    MarketBeat is a business that has evolved and iterated upon overtime. MarketBeat's predecessor, American Consumer News, started in my college dorm room in 2006.

    image

    There weren't a lot of good ways for me to generate an income as a computer science student in a college town of about 7,000 people. When I was a freshman in college, I worked the cash register and the deep fryer at McDonalds. I knew I didn't want to repeat that experience the following year. I was able to scrape together an income working a few odd jobs for the university, but what allowed me to graduate debt free was freelance writing.

    The first time someone paid me to write an article was in 2005, which I became the technology editor of the university's student-run newspaper. Soon after, I found other freelance writing jobs on the ProBlogger job board and eked-out $1,000 to $2,000 per month in income as a freelance writer. It didn't take long for me to figure out that I should start to build my own content brand instead of getting paid a flat-fee per article to build someone else's brand. I started a personal finance blog called American Consumer News which leveraged the writing skills of myself and other freelance writers to generate advertising income. That blog grew to $5,000 per month in income after two short years.

    During the great recession, I accidentally discovered there was an opportunity to write about stocks that were teetering on the edge of bankruptcy. At the time, everyone wondered if Bank of America, Citibank, JP Morgan Chase and Wells Fargo would all go bankrupt due to the subprime mortgage collapse. We would often see 5,000-10,000 readers per article when we wrote about Citibank. This was a big deal on a website that got about 30,000 visitors each month at the time. Our success in writing about stocks and generating website traffic from places like Google Finance, MSN Money and Yahoo Finance led to a pivot from focusing on personal finance to focusing exclusively on investing.

    Ultimately, I knew that the recession would end eventually and writing about stocks would be less exciting in the future. We also knew it wasn't likely that Google, Yahoo and Microsoft wouldn't keep sending us gobs of free traffic indefinitely, so we started shamelessly collecting email sign-ups on every article we published for a data-driven newsletter that we put together. That way when our traffic stream eventually died out, we could still send email to the people that previously engaged in our content. Initially, we weren't really making any money from our email list, but I knew it would eventually become a long-term marketing asset.

    By the time American Consumer News had pivoted away from personal finance to focus exclusively on investing in 2010 and 2011 and become a brand called Analyst Ratings Network (later renamed to MarketBeat), I had graduated from college and was working as a web programmer for a local digital marketing agency. It took another two years for me to learn how to generate serious income from our newsletter and sell premium subscriptions to our email subscribers.

    image

    American Consumer News Website

    Take us through the process of designing, prototyping, and manufacturing your first product.

    Our email newsletter ended up getting quite a bit of initial traction. It turns out that stock investors tend to get emotionally invested in their stocks and want to know the latest tidbits and news headlines about them.

    MarketBeat was able to package that information and provide it to our subscribers in a convenient, real-time format. After about six months of running the free newsletter, it had grown to about 10,000 subscribers. At the same time, I was also getting requests to change the format of the newsletter, add some different data, send it earlier in the day, etc.

    I took all of the feedback that I had received and made a premium version of the newsletter and called it MarketBeat Daily Premium. With the premium newsletter, subscribers will get the newsletter earlier in the day, they can get SMS or email alerts for their stocks, have some more customizability for the newsletter and can setup a watch list of their stocks to get more information about the companies they're most interested in.

    When I launched the premium newsletter in July 2011, I only sold about 30 subscriptions that first month at $15 per month or $150 per year. It was not a big success, but it wasn't a total failure either. To be honest, I didn't really know what I was doing at the time. I didn't know how to properly market the newsletter and I didn't have the premium product where it needed to be yet. We tried a lot of different things to grow our business and made a lot of mistakes early on, but eventually we began to figure out how a subscription business model can work.

    MarketBeat has really grown up since we launched our premium newsletter in 2011. While our basic business model hasn't changed much, we've gotten a lot better at what we do. We've built out a product line of additional products and services so that we can sell more to our existing customers.

    We changed the name of the business from American Consumer News to Analyst Ratings Network, which was not a good name in retrospect due to its length and lack of memorability. Finally, we were able to acquire the name MarketBeat in 2015.

    By adding new marketing channels like co-registration advertising and content marketing, we've been able to grow the number of opt-ins we receive from a few thousand each month to more than 30,000 each month. MarketBeat is growing so fast right now that I've had to rewrite a lot of the software that sends out the newsletter because of the sheer number of emails we have to send out every day.

    image

    Analyst Ratings Network website in 2014

    Since launch, what has worked to attract and retain customers?

    Our primary focus is to grow the number of email subscribers to our free newsletters. I know that if we regularly have new investors sign-up for our free investing newsletters, some of them will click on our advertisers' ads and buy their products and some of them will buy our products. All of our advertising and marketing surrounds growing our email list. We don't do brand advertising, display advertising or anything else that doesn't have a high likelihood of generating an email sign-up for our mailing list.

    We generate email sign-ups through a mix of organic search engine optimization efforts and paid advertising. Our SEO strategy relies around being the best website to research any publicly-traded company. So, when an investor goes to search for the name of a company followed by the word stock or simply types in a stock ticker (such as NASDAQ: AAPL), our aim is to be within the first few results. We simply try to be the best place to research a stock by having a ten-year history or a company's earnings, financials, insider transactions, analyst recommendations, dividend and other information. We don't buy links or do any form of unethical SEO, but we have done well ranking our website in Google, Bing and Yahoo when people search for stock tickers.

    We have been able to get higher than average opt-in rates by aligning the copy of our opt-in forms to the content on the page. If a user is on a page about Microsoft stock, the email opt-in will make specific reference to Microsoft. Our thought is that if a user is researching a particular stock, they are more likely to opt-in to an email list if the opt-in mentions the stock they are researching.

    We also currently spend approximately $100,000 per month on paid advertising. These dollars are spent between co-registration advertising networks, content recommendation ads such as Taboola and Yahoo Gemini, and lead generation service providers. Our average cost per email sign-up is currently around $1.00, which is compelling in an industry that says a financial lead should cost an average of $6.00.

    We do have some social media marketing efforts in play, but social isn't a big focus. Our audience is primarily 50-80 year-old men and our customers just don't spend a lot of time on services like Facebook, Instagram, Snapchat and Pinterest. Some of them use Twitter and StockTwits, so we market into those platforms. However, we've never been able to make a Facebook ad work profitably for our company.

    How are you doing today and what does the future look like?

    As of late 2019, MarketBeat is an $8 million/year business that's run by seven employees. We have no debt, have healthy retained earnings and operate on a 70% profit margin, so life is pretty good. Other than taxes, payroll, advertising and infrastructure, we just don't have many hard costs. We hope to generate $10 million in revenue in 2020, but don't have any other major long-term goals. We've already "won the lottery" in the business world by creating a company that throws off $5 million in profit per year with a small team, so we simply try to do a little bit better than we did the year before each year.

    On the non-financial side, our web traffic and email numbers continue to climb steadily. We'll be at 1.3 million email subscribers by the end of 2019 and have averaged 9 million pageviews per month over the last several months. We don't pay much attention to our social media following, but all the numbers worth tracking are heading in the right direction.

    This year we launched a major redesign of MarketBeat to put it on the cutting-edge of design in the financial and investing space. We also launched a second brand called The Early Bird that offers a simplified, easy-to-scan newsletter for a younger generation of investors. We're doing a lot of work surrounding search engine optimization right now (look us up on SemRush, you'll be impressed). I'm not sure what the next year will look like in terms of launching new products or improving our existing offerings, but our team is always asking "What should we do next?"

    Through starting the business, have you learned anything particularly helpful or advantageous?

    I've learned a bunch of lessons during the 13 years that I've been an online business owner and outlined many of those principles in my book, 40 Rules for Internet Business Success.

    One "rule" that has helped me build a business that stands the test of time is building a business that isn't dependent on a single customer acquisition source. So many people build businesses that rely exclusively on Amazon sales, Google search traffic, Facebook ads or App Store sales and then go out of business when their big tech company of choice changes the rules on them. Ideally, your business will have 5-7 repeatable customer acquisition sources in place so that you won't lose your business if one of your marketing sources just stops working.

    A corollary to this is building your audience on platforms that are federated and not tied to any one big tech company. While Facebook can change who sees the posts of your Facebook Page or your Instagram account on a whim, no one tech company can mess with email, podcasts and websites. By building your audience on one of these three technologies that nobody owns, you know that you will still be able to communicate with your audience for years down the road. We've been primarily focused on building an email list over the last decade and we have some subscribers that signed-up for MarketBeat in 2011 that continue to receive our emails today. That just doesn't happen on social media due to algorithm changes and the ephemeral nature of those platforms.

    What platform/tools do you use for your business?

    MarketBeat is hosted on three bare-metal dedicated servers from LiquidWeb. We use SendGrid to deliver more than 50 million emails each month. We use Twilio for SMS delivery. We use Cloudflare as a content delivery network (CDN) and web firewall. We use Stripe and PayPal for payment processing. We use Slack for team communication. All of our development work is done inside Microsoft Visual Studio.

    What have been the most influential books, podcasts, or other resources?

    My two favorite business books are Business Brilliant by Lewis Schiff, Never Split the Difference by Chris Voss and The Compound Effect by Darren Hardy.

    My favorite business and personal finance podcasts include Dough Roller, Publisher Lab from Ezoic, Startups for the Rest of Us, This Week in Startups and Tropical MBA.

    Advice for other entrepreneurs who want to get started or are just starting out?

    Talk to your customers! I see this mistake made over and over again. Would-be entrepreneurs assume that they know what problem their potential customers are facing and that they have the solution for it. Instead of doing customer development and identifying what their customers' problems actually are and what solutions they've already tried, they just jump head long into product development and end up building something that nobody wants or needs.

    Another mistake that I often see new entrepreneurs make is that many of them just don't work hard enough and when they do work they focus on things that won't make them money, such as designing business cards. They spend a lot of time designing their business and thinking about what type of products and services they might offer, but the rubber never really hits the road. It's easy to think about what a business might be like, but it's much more difficult to turn that idea into reality. The only two things that cause a business to succeed is building a product or service that there's demand for and then actually selling it to someone. Everything else is superfluous.

    Mike Tyson is famous for saying, "Everybody has a plan until they get punched in the mouth." This is true both in the boxing ring and in business. Everyone has an idea how their business could work, but they often don't have the motivation or a true understanding of what it takes to be successful until they've tried something and failed. After you've been knocked down in business a couple of times, you'll realize what tasks matter, what tasks don't, and what the clear path toward success looks like. Growing a business takes 40+ hours per week of distraction-free work on the right tasks (product development and sales/marketing). If you aren't putting in that effort, success will likely elude you.

    Are you looking to hire for certain positions right now?

    We currently have a team of seven people and are not actively hiring for any positions. We hired three people this year and probably won't be hiring anyone for the next 18-24 months.

    Where can we go to learn more?

    If you have any questions or comments, drop a comment below!

    Liked this text interview? Check out the full interview with photos, tools, books, and other data.

    For more interviews, check out r/starter_story - I post new stories there daily.

    Interested in sharing your own story? Send me a PM

    submitted by /u/youngrichntasteless
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    Best practices for hiring a programmer?

    Posted: 29 Dec 2019 06:51 AM PST

    What are the best practices for hiring an off site application programmer? I'm thinking about using freelancer.com to vet a few programmers, but before I do that I want to make sure I have all of the information to proficiently explain my idea to a programmer.

    In your experience what is the best way to explain, manage, and work with an off-site programmer? What should I ask them to do in regards to legality and to ensure future freelancers who work on the project can understand what they did? are there any other tips and tricks when it comes to working with programmers that may be helpful?

    I am new to the SaaS industry and appreciate any info you can provide me for this project and potential future non-ecommerce projects!

    submitted by /u/KyleMKli
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    Do you have a business idea that you wish to develop in the Azores in the Tourism, High-Tech or Industry sectors? Applications for Competir+ end on 31.12.2020

    Posted: 29 Dec 2019 10:05 AM PST

    Original post here.

    You can apply your project for the System of Incentives for Business Competitiveness – or Competir+ - until December 31, 2020.

    Competir+ is presently available for prospective investors and entrepreneurs who wish to invest in the Azores, in various areas such as the hospitality, manufacturing, restaurants, logistics and high-tech industries.

    Competir+ was implemented by the Regional Government of the Azores in 2015; and, since then, has supported more than 1,270 investment projects submitted by domestic and international investors.

    Competir+ is currently divided in 6 subsystems of incentives. The main programs are:

    • Subsystem of Incentives (SI) for the Promotion of the Economic Export Base;
    • SI for Qualified and Creative Entrepreneurship;
    • SI for Local Development.

    The SI for the Promotion of the Economic Export Base is aimed at projects that demonstrate a regular and ongoing contribution to the increase of sales for markets outside the Azores; or are niched inside certain areas of tourism. Investments should amount to more than 15 thousand euros.

    Eligible projects can be entitled to a financial support composed by a non-refundable incentive (NRI) equivalent to between 30% and 40% (depending on the island where the project will be implemented) of the total eligible investment expenditures; plus, refundable incentive (RI). The RI corresponds to the application of a flat rate of 25% over the total eligible investment, and works as a zero-interest loan with a maturity of 10 years and a 2 year grace period, for projects under 2 million euros; or 12 years and a 4 year grace period for projects above 2 million euros.

    The SI for Qualified and Creative Entrepreneurship is aimed at projects, promoted by young entrepreneurs that comprise the creation of a new company in certain economic areas. Investments should amount to between 10 thousand euros and 300 thousand euros. Young entrepreneurs are 18 and 35 year-olds holding a minimum level of education corresponding to compulsory education or holders of a Master's degree or PhD younger than 40. Young entrepreneurs having been granted parental leave until the said age limits may apply to receive the benefits herein provided for until the age of 40 and 45, accordingly.

    Eligible projects can be entitled to a financial support composed by an NRI equivalent to between 40% and 50% of the total eligible investment.

    The SI for Local Development is for projects aimed at the satisfaction and dynamization of the local market. Generally, investments should amount to more than 15 thousand euros. Some activities are capped in terms of the total investment that can be applied.

    Eligible projects can be entitled to a financial support composed by an NRI equivalent to between 15% and 50% of the total eligible investment. In some situations, an additional 25%, of the total eligible investment, can be awarded via a refundable incentive.

    Below, there's an example of financial plan for an investment project in Tourism (without working capital):

    • Island of Implementation: São Miguel;
    • Subsystem of Incentives: SI for the Promotion of the Economic Export Base;
    • Total eligible investment: 500,000 euros;
    • Total funding via Competir+: 275,000 euros:
      • Non-refundable Incentive - 30% of 500,000 euros = 150,000 euros;
      • Refundable Incentive - 25% of 500,000 euros = 125,000 euros.
      • The refundable incentive would be repayable for 6 years, with no interest and with a 4 year grace period.
    • Equity (investor's own funding) – I recommend at least 15% of the total eligible investment: 75,000 euros;
    • Debt (example: bank loan) – the remainder: 150,000 euros.

    Applications are submitted, through a dedicated web portal, by means of an electronic form. The electronic form is compromised by several sections soliciting information about the company and the project, including financials (balance sheet and income statement).

    The application package is also compromised by several documents, including budgets for each investment expenditure and a financial proforma (business plan) detailing the economic and financial feasibility of the project. In some situations, an architecture project can also be necessary.

    Its highly recommended that investors should not purchase anything that could constitute an investment expenditure, before applying their project. Otherwise, the application can be considered null and void. There are some exceptions to this rule.

    You can learn more about Competir+:

    • By contacting me, via the contact form available here;
    • By contacting the following governmental departments:
      • The Azores Business Development Society – responsible for promoting the Azores as a business destination – via their website here;
      • The Regional Directorate for the Support of Investment and Competitiveness – responsible for receiving and analyzing applications for Competir+ - via their website here.

    As a consultant, my services include organizing the application package, according to the documentation forwarded by the client; preparing the financial proforma (business plan); filling and submitting the application form; and following up the application until it's approval.

    I don't charge for providing information and answering questions about Competir+.

    Those interested can consult my profile and my portfolio.

    submitted by /u/-fmvs-
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    Transitioning from a sole proprietor to an LLC (CA)

    Posted: 29 Dec 2019 10:02 AM PST

    I am trying to make this all happen by the 1st of 2020 so I can operate and accept funds with my newly formed LLC.

    I dissolve my sole proprietor by terminating the sellers permit,

    Apply for a new sellers permit in my LLC's name,

    ​

    Other than opening up a bank account in my LLC's name, do I have to use a credit card under my LLC name for expenses? Can I use a personal one?

    I plan on getting on all my incoming money into my business checking, then transfer from there as fit, to savings or what not.

    What exactly need to be separate financially.

    submitted by /u/aztecmutant
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    How do I find a manufacturer in the US or Canada that will use our own formulas provided?

    Posted: 29 Dec 2019 10:32 AM PST

    me and my partner are looking to enter the supplement industry. I know its WAY over saturated. However we've done our research and it is something we are both passionate about. We have been in contact with a lovely rep from Health Canada who has been quite helpful and informative about what we need to and what we require.

    Still in the research and planning stages which brings me to my question of manufacturing. I have reached out to a few manufacturers I found online but most seem to be "Private Labels" that will use their own formulas and ingredients and just slap our label on it. I am still waiting for a few to respond so they might actually be able to facilitate what we are seeking but they don't advertise as such.

    To open our own manufacturing facility would be in the 7 figure range and not possible right now. Has anyone ever gotten involved in this industry or have some insight they can share?

    thank you,

    submitted by /u/OffersVodka
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    Do you need a lawyer to make a ToS?

    Posted: 29 Dec 2019 02:02 PM PST

    I'm wrapping up the build of an app and I need a ToS. Is a lawyer needed or can I write myself and use other ToS documents as inspiration?

    submitted by /u/Grizwolf
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    Is taking 1-1 training with best entrepreneurs such as Dan Lok, Tai Lopez or Mark Zuckerberg worth it?

    Posted: 29 Dec 2019 01:29 PM PST

    So I was looking at the opportunities to receive 1-1 mentorship from some entrepreneurs to really learn which steps to take. I saved up some money working as a software developer, I heard that either Dan Lok or Tai Lopez offer skype 1-1 classes for $2000 per hour to really learn entrepreneurship fast and kick start successful business. Is there chance Zuckerberg also offers such 1-1 classes? Do you recommend that I go down such route?

    submitted by /u/robinJersey12
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    I'm looking to start a gaming lounge and bar, but need some help with revenue projections.

    Posted: 29 Dec 2019 12:59 PM PST

    So I'm planning to open a gaming lounge and bar in the Dallas, Texas area. We will have 60 PCs as part of the lounge in the front and then the bar towards the back. To start the bar will only be beer and wine. How long does it take to reach baseline revenue for a store like this. What do you imagine the baseline should be in terms of alcohol sales and how many setups are being used per hour on average and what is a safe estimate for the first month in terms of alcohol revenue and number of setups used per hour. Any help is greatly appreciated.

    submitted by /u/JaggedCole
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    Forming an Single Member LLC in California

    Posted: 29 Dec 2019 08:51 AM PST

    LLC-1 (Articles of Organization)

    ---- I will be my own registered agent.

    LLC-12 ( Statement of Information)

    --- filed within 90 days after formation & every 2 years there after.

    Pay $800 annual fee to Franchise Tax Board

    --- within 4 months of formation.

    Get EIN number from IRS and open business checking account.

    -- Do I need an EIN if I am a single member LLC?

    Am I missing anything here??

    submitted by /u/aztecmutant
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    Brick and mortar tips

    Posted: 29 Dec 2019 12:18 PM PST

    For those of you who started a brick and mortar store what are some tips you wish you knew when you started. From finding the right place to start, negotiateing a lease and opening to now.

    submitted by /u/ShugaSean451
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    Hey entrepreneurs... where do you go online for business-building tips, strategies - even entertainment?

    Posted: 29 Dec 2019 12:11 PM PST

    For me, I am a big Frank Kern fan and get my hands on anything he publishes.

    Jason Fried of Basecamp is a close second place... one of the most ethical business people I follow.

    What about you?

    submitted by /u/MyAmazingDiscoveries
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    Are there any screen printing or DTG companies that will print and sell our work to our customers?

    Posted: 29 Dec 2019 11:36 AM PST

    I have a few ideas about selling shirts and other garments using a DTG type printer so we can have tons of prints but only make/ship when ordered. I'd rather not focus on the printing and shipping process but more on the graphics and marketing side. Does anyone know of a company that we can send customer orders to then they print and ship the garments direct to customer? I saw a few companies that we can create work then make 10-15% commission when it sells but doesn't seem worth it when we're going to be doing all the sales and marketing.

    I believe most of my products are going to be one off custom shirts so its not something we want to order and have in inventory.

    submitted by /u/PrimaryWarning
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    Best 2020 tech business areas

    Posted: 29 Dec 2019 11:25 AM PST

    Hi all, So happy I'm part of this community and wish you an amazing new year.

    Was just wandering what will be the hot business area next year, particularly in tech? (Dropshipping, E-Commerce, Saas, Amazon FBA ?)

    submitted by /u/linko85
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    What can I do with leads database?

    Posted: 29 Dec 2019 11:07 AM PST

    I am a salesman and I recently changed industries. For 3 years I freelanced for a good 3D-rendering studio. I have over 17.000 leads in the architecture industry, each with all the info on the prospects and their companies. Usually people involved in the design process, principals, design associates, etc. Most were created by me, are pretty up to date.

    How could I sell/monetize this database?

    submitted by /u/3darchleads
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    My Programming Skills + Your Business Skills

    Posted: 29 Dec 2019 10:44 AM PST

    I'm a web programmer (28 years old) and I have some free time on my hands. I can do various stuff related to web programming

    I'm looking for some ways of passive income. If there is a person who has business skills and needs a programmer to create some automated system or such please pitch your ideas. I'm all ears.

    I don't want to limit myself to any niche, if you ask me I can work with any niche as long as it's legal.
    Earnings will be split 50/50.

    submitted by /u/littlemancro
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    Case Study: Why Deep Learning has a Bright Future

    Posted: 29 Dec 2019 10:01 AM PST

    Why Deep Learning has a Bright Future?

    Would you like to see the future? This post aims at predicting what will happen to the field of Deep Learning. Scroll on.

    Microprocessor Trends

    Who doesn't like to see the real cause of trends?

    "Get Twice the Power at a Constant Price Every 18 months"

    Some people have said that Moore's Law was coming to an end. A version of this law is that every 18 months, computers have 2x the computing power than before, at a constant price. However, it seems like improvements in computing got to a halt between 2000 and 2010.

    But the Growth Stalled...

    This halt is in fact that we're reaching the limit size of the transistors, an essential part of CPUs. Making them smaller than this limit size will introduce computing errors, because of quantic behavior. Quantum computing will be a good thing, however, it won't replace the function of classical computers as we know them today.

    Faith isn't lost: invest in parallel computing

    Moore's Law isn't broken yet on another aspect: the number of transistors we can stack in parallel. This means that we can still have a speedup of computing when doing parallel processing. In simpler words: having more cores. GPUs are growing towards this direction: it's fairly common to see GPUs with 2000 cores in the computing world, already.

    That means Deep Learning is a good bet

    Luckily for Deep Learning, it comprises matrix multiplications. This means that deep learning algorithms can be massively parallelized, and will profit from future improvements from what remains of Moore's Law.

    See also: Awesome Deep Learning Resources

    The AI Singularity in 2029

    A prediction by Ray Kurtzweil

    Ray Kurtzweil predicts that the singularity will happen in 2029. That is, as he defines it, the moment when a 1000$ computer will contain as much computing power as the brain. He is confident that this will happen, and he insists that what needs to be worked on to reach true singularity is better algorithms.

    "We're limited by the algorithms we use"

    So we'd be mostly limited by not having found the best mathematical formulas yet. Until then, for learning to properly take place using deep learning, one needs to feed a lot of data to deep learning algorithms.

    We, at Neuraxio, predict that Deep Learning algorithms built for time series processing will be something very good to build upon to get closer to where the future of deep learning is headed.

    Big Data and AI

    Yes, this keyword is so 2014. It still holds relevant.

    "90% of existing data was created in the last 2 years"

    It is reported by IBM New Vantage that 90% of the financial data was accumulated in the past 2 years. That's a lot. At this rate of growth, we'll be able to feed deep learning algorithms abundantly, more and more.

    "By 2020, 37% of the information will have a potential for analysis"

    That is what The Guardian reports, according to big data statistics from IDC. In contrast, only 0.5% of all data was analyzed in 2012, according to the same source. Information is more and more structured, and organizations are now more conscious of tools to analyze their data. This means that deep learning algorithms will soon have access to the data more easily, whether the data is stored locally or in the cloud.

    It's about intelligence.

    It is about what defines us, humans, compared to all previous species: our intelligence.

    The key to intelligence and cognition is a very interesting subject to explore and is not yet well understood. Technologies related to this field are promising, and simply, interesting. Many are driven by passion.

    On top of that, deep learning algorithms may use Quantum Computing and will apply to machine-brain interfaces in the future. Trend stacking at its finest: a recipe for success is to align as many stars as possible while working on practical matters.

    Conclusion

    First, Moore's Law and computing trends indicate that more and more things will be parallelized. Deep Learning will exploit that.

    Second, the AI singularity is predicted to happen in 2029 according to Ray Kurtzweil. Advancing Deep Learning research is a way to get there to reap the rewards and do good.

    Third, data doesn't sleep. More and more data is accumulated every day. Deep Learning will exploit that.

    Finally, deep learning is about intelligence. It is about technology, it is about the brain, it is about learning, it is about what defines humans compared to all previous species: their intelligence. Curious people will know their way around deep learning.

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