• Breaking News

    Monday, December 30, 2019

    NooB Monday! - (December 30, 2019) Entrepreneur

    NooB Monday! - (December 30, 2019) Entrepreneur


    NooB Monday! - (December 30, 2019)

    Posted: 30 Dec 2019 05:12 AM PST

    If you don't have enough comment karma here's where we can help.

    Everyone starts somewhere and to post in /r/Entrepreneur this is the best place. Subscribers please understand these are new posters and not familiar with our sub. Newcomers welcome! Be sure to vote on things that help you. Search the sub a bit before you post. The answers may already be here.

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

    submitted by /u/AutoModerator
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    Released an ebook: $20K sales in the first 3 days

    Posted: 29 Dec 2019 09:06 PM PST

    I'm an ex-Amazon employee, now working for myself. Together with a friend of mine (who also recently left Amazon) we tried an experiment and put almost everything we know about AWS in one short digital book. We launched the book on xmas day, and it sold over $20K in the first 3 days.

    Most of my sales came from a Twitter post on my account. I grew a following of 13K over the last 10 months, and some of them purchased, and some helped spread the word. I also used Twitter to announce that I was working on the book a couple of months ago, and got about 200 pre-orders before the launch.

    Apart from Twitter, I also got about 15% of the sales from a post on Hacker News. I also posted on LinkedIn and Indie Hackers, and got a handful of sales from there too. The breakdown so far is the following (I suspect most of Other originated from Twitter too):

    Source | Copies Sold | Sales Twitter | 367 | $10,248 Other | 280 | $7,448 Hacker News | 132 | $3,696 Indie Hackers | 16 | $448 ------------------------------------------ Total | 795 | $21,868 

    This is the first time I got paid for something I wrote, so I'm still very new to this "profession". But I'm happy to share what I learned so far, so please feel free to ask me anything.

    Link to the book: https://gum.co/aws-good-parts/rt

    submitted by /u/dvassallo
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    Save the money that you would spend on courses

    Posted: 29 Dec 2019 11:41 PM PST

    TLDR: If you plan to spend $xxxx on a course, check getwsodo.com or topwsodownload.com or other such websites first. Edit: You can also find the courses for free on bestblackhatforum.com

    The online marketing world is full of scammers and gurus. All of them sell you the dream of making money.

    Everybody is rehashing information that you can freely find on the internet. I see housewives spending thousands on Marie Foleo's course, broke individuals spending thousands on dropshipping, instagram, marketing courses.

    Whether its dropshipping, FBA, Funnels, Marketing etc most courses are not worth the money they charge.

    I see many people who invest thousands of dollars in courses and then complain that they did not get the results. Sometimes these people cannot afford these courses and lose what little money they have.

    Please save your money.

    Get the course from getwsodo.com or topwsodownload.com or other such websites. There are hundreds of them.

    After that, if you really find the course useful or if you get results from the course, you can pay full price to the course creator and get the original course / mentoring.

    submitted by /u/spaceion
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    Legal Consult needed

    Posted: 30 Dec 2019 01:48 PM PST

    Hi everyone, fairly new here and need help!

    I started a company selling toddler furniture like items. I'm wondering if there are any business consultants and lawyers out there that can help with providing some advice pro bono?

    I want to go big with this company and start marketing but I want to make sure I'm protected from potential law suits if there are injuries, what I should do to protect personal assets, etc

    submitted by /u/turqwiise
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    Considering opening a bouldering gym?

    Posted: 30 Dec 2019 01:14 PM PST

    I am a avid teen climber, and have been thinking about opening a bouldering gym. There is only one rock climbing gym in my city and it has very few boulders. This gym is also a twenty minute drive from the main part of the city and it's quite expensive and busy, probably due to it's lack of competition.

    I have no experience opening or running any sort of business. Does anyone think this is doable? Approximately how much would it cost to get a gym up and running, to find route setters, get rentals, etc.

    Just look for any advice from experienced business/climbing gym owners.

    submitted by /u/OliviaC2004
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    What do you think of my layout on instagram for a musician?

    Posted: 30 Dec 2019 12:08 PM PST

    I am helping out an artist out by putting their music on social media. What do you think of this current style? https://www.instagram.com/toniosaganmusic/

    Overtime the journey will produce plenty of content to post but I am thinking of creative ways to initially launch this to the world. I haven't done any promo I am just making sure it all looks nice first.

    submitted by /u/Saganism1996
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    Created a landing page. Looking for constructive criticism!

    Posted: 30 Dec 2019 11:36 AM PST

    Hello all, here is a link to my first ever landing page (still in development mode). Would love constructive criticism from my fellow entrepreneurs!

    submitted by /u/JaiminDesai93
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    Is dropshipping on eBay still as viable as dropshipping on, let's say Shopify stores?

    Posted: 30 Dec 2019 11:31 AM PST

    If anyone has experience in dropshipping out there whether it's on eBay or Shopify, please and feel free to explain if dropshipping on eBay is still as viable as dropshipping on Shopify

    submitted by /u/jeffy173444
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    Download free ebook on how to get started with dropshipping in 2020 [Dropbox Link]

    Posted: 30 Dec 2019 07:44 AM PST

    I made a 15 page ebook that covers all the basics to be successful with dropshipping in 2020 and decided to give it away for free, so people don't waste their money for bullshit courses.

    Please feel free to re-upload it where you want and share it with others.

    I wish you a successful 2020 and all the best for you and your business!

    Preview Image

    Download Ebook

    submitted by /u/looksrating_com
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    Job Search & Posting site

    Posted: 30 Dec 2019 11:18 AM PST

    Happy New Year!

    Not only a new year, but a new decade as well. We'll officially be in the "20's". Maybe "Roaring 20's"....

    I'm starting a new Job Search & Posting site called JobJumble.

    Looking to get some traction and market it. Need some technical tweaking as well, but the site is functional. Anticipate crafting it to make it stand out amongst the competition.

    I have a few other projects as well.

    Comments and critiques welcome.

    Send me a PM if you're interested.

    submitted by /u/JobJumble
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    I need advice on acquiring customers

    Posted: 30 Dec 2019 11:10 AM PST

    Hello r/Entrepreneurs,

    Tl;dr I am running a Marketing Agency for Creators and my "product" is good but I dobt know how to get my first customers. Advice me anything.

    I need some advice on acquiring customers. To my business: I started an Influencer and Creator Agency three months ago. As a Full-Service-Agency I set up all the Designs and the whole Marketing for my clients plus Im giving advice on content. My clients are mainly YouTubers or Gamers who want to succeed as a Creator and monetize their Channel. My plans and strategies work really well and my clients can grow 100+ Followers every day (active organic followers).

    So far so good. I really cant figure out now where to place my business and where to acquire my first customers. Till now I am very active in specific Facebook groups and try to grab some attention here and there. 2-3 people actually had interest but let it drop afterwards. Its okay I think a conversion rate of 2% is fine already so thats not dissapointing me so far. But my method on gaining customers seems super slow and I wonder if you could give me some advice where to watch out for potential customers and which ways work best for you.

    Thanks for reading so far! I wish everyone a happy new year in advance. Stay motivated in 2020 and reach out for your goals!

    submitted by /u/MahinHu
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    For Affiliate Links: Standalone website or Direct Marketing via Twitter

    Posted: 30 Dec 2019 10:50 AM PST

    Interested in generating some passive income through affiliate advertising, probably through one of the standard 'Best Whatevers for Whatever' lists for niches. Do you guys think it would be better to focus on building a standalone website and SEO, or building a social media network and putting out links that way? Are there any resources I should be aware of that might've helped me figure this out on my own?

    submitted by /u/Square-Detail
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    Can anyone recommend a good book of business model case studies?

    Posted: 30 Dec 2019 10:17 AM PST

    It's time for me to start a new business and I'd love to read about what models are possible and inspire myself to think big.

    Not sure what my next business will be, but I'm fascinated to know what's doable.

    submitted by /u/greenasaurus
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    Best place to sell an online business?

    Posted: 30 Dec 2019 09:27 AM PST

    I'm looking to sell an established online dropshipping business with custom development.

    How can I go on about doing this?

    submitted by /u/VapeZone
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    I’m thinking about starting an online business. I don’t know how and what to do .. would love some feed back

    Posted: 30 Dec 2019 08:37 AM PST

    Hey guys I'm really excited about starting an online business. I'm looking forward getting into clothing and stuff. I would really appreciate some information and guidance from knowledge entrepreneurs..

    submitted by /u/Gigi_yusuf
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    Survey on success driving factors of entrepreneurs

    Posted: 30 Dec 2019 08:31 AM PST

    Hi everyone,

    https://s.surveyplanet.com/ZTy-99aT My brother is working on a project requiring lots of data from entrepreneurs. Will be great if any of take the time to fill it.

    Thanks in advance everyone. Wishing you all the success for your ventures.

    submitted by /u/tsaparna26
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    14 year old business start

    Posted: 30 Dec 2019 12:49 AM PST

    Im 14 and have been having a lot of problems with my acne for years now. I want to start my own skin care business with the help of the drug store owner because she knows everything about ingredients. My parents won't allow me to do so so it needs to be in secrecy. Thinking of having an online store and buying small quantities and building it up. Any tips? I would appreciate it very much!

    submitted by /u/financialqueen
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    Built this side project for other (tech) entrepreneurs: Referlist.co - Increase sign-ups via gamified referrals

    Posted: 30 Dec 2019 08:10 AM PST

    Referlist is a simple way to increase sign-ups on your landing page for pre-product launches. Give your users early access to your product when they share it with their friends!

    I've worked on multiple projects this past year. To test an idea, I'll put out a landing page with a sign-up form to see how excited people are about a concept. I wanted to encourage word of mouth growth and incentivize my users to share the site with their friends. I remembered that Robinhood was able to amass nearly one million sign-ups via their referral program, so I tried googling for an easy way to add something similar to my page. Everything I found came pre-packaged with a landing page (I already had one) and was expensive. I ended up building my own custom solution for my project and it worked great!

    I noticed other friends launching projects doing the same, so I decided to build Referlist to save everyone some time. It's a plug-and-play referral system that works with any sign-up form. No coding required and takes 5 minutes to setup. It's also free to try. You only pay if you get more than 100 sign-ups so you can feel free to launch as many failed experiments as your heart desires at no cost.

    Other features include the ability to add a custom message to your waitlist page, use custom colors and seed your waitlist so that it doesn't look completely empty for the first few sign-ups. You can also export your users to CSV or Mailchimp.

    Any feedback is welcome! Hope you find it helpful with your own side projects!

    submitted by /u/mohanros
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    Is the name of my business so important ?

    Posted: 30 Dec 2019 08:05 AM PST

    I have started a business, it's sort of a broker between models and other business, we have just started the business, but I still don't like the name of my business which is ' Model Medium '

    And I supposed to be more creative with the name ?

    submitted by /u/aranour_
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    Just a head up to NEVER use 1&1 iONOS as your website or domain provider!

    Posted: 30 Dec 2019 08:01 AM PST

    I've been using 1&1 for a couple of my websites for 5 years now and it hasn't been pretty. Let me start with this, their payment methods are so 2006 they are a nightmare, 3 days to post payment.. Good luck being busy. Aside from their tech system, this is what happened with their policies.

    I got a reply from them today that says: "Sorry we were unable to get your domain from the 3rd party.." as they said they would try. What does this mean? My main company domain, my successful company, went unpaid and expired. That's on me, I paid for it.. just late (like dollars). (damn system). Then they contact me saying there is another account that's unpaid they found on security check. Not my active account, but probably one of these deals things that created the account with the same e-mail, try this product free get to pay x amount in 6 months... Something like that, nothing I used. Because of this they said I cannot create a new account therefore cannot use the new domain, until I can create an account.. (accounts get deleted).

    Through this process, they sold my domain to a 3rd party domain seller, after I had already purchased the domain (renewed it). Thanks to this my company has been offline for 2 months X|, and my domain is still for sale!

    I literally just invested $30k into the company website and missed Christmas!! for like a$15 domain I paid for 2 months ago.

    Up yours 1&1.. Going to sue you until the overhead reaches 6 figures for you.

    *I use GoDaddy.. Their support sucks. Knows almost nothing. But are always around to help solve problems, and have some tools to solve problems for you for a fee.

    submitted by /u/SilverL1ning
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    Growing An Exterior Remodeling Company From $3,500 To $9M/Year

    Posted: 30 Dec 2019 08:01 AM PST

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

    Today's interview is with Clifton Muckenfuss of Carolina Exteriors, a brand that makes exterior remodelling services

    Some stats:

    • Product: Exterior Remodelling Services
    • Revenue/mo: $350,000
    • Started: August 2010
    • Location: Apex, NC
    • Founders: 2
    • Employees: 10

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

    I'm Clifton Muckenfuss, I am Co-Founder of Carolina Exteriors, a Specialty Replacement Contractor based in Apex, NC, serving the Raleigh Metro Area. Carolina Exteriors offers residential home improvement services including Roofing, Siding, Windows, Doors, and Gutters. We believe that if we "build people, we build a winning team and combined, we Build Exceptional Customer Experiences. Our dedication to our people and customers and execution on our mission has led to us receiving numerous industry awards for customer service.

    Carolina Exteriors was founded in 2010 amidst the last housing crisis and recession. We realized and understood that most contractors were great carpenters or "tradesmen" but not savvy business owners, and many found themselves overleveraged and without a sustainable business model. We [founders] drew from our previous business experience in Sales, Management, Customer Service and Operations Management to create a "customer first" company backed by systems and processes.

    We bootstrapped the business on $3,500 and now 9 years later generate $4,000,000 in revenue.

    image

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

    The founders are childhood best friends from small-town America (South Carolina). We took different paths after college and approximately 9 years later, reunited in North Carolina. I (Clifton) was recruited from Florida to work for a Mortgage Company in Raleigh, NC and Wesley was already established here (Raleigh) working for a major building materials manufacturer (James Hardie). After the housing crisis, the Mortgage Company went bankrupt and I (Clifton) found myself without a job. I then founded a Residential/Commercial/Cleaning Company (still in operations today, Managed by my wife, Mary Ann) and grew that business from $0 - $500K rapidly.

    Then, Wes and I were talking about the possibility of starting a siding/exterior remodeling company since most of the contractors were retreating after the recession and the ones that remained, didn't focus on the customer, but rather, only on the transaction.

    From there, we created a business plan, bootstrapped the business on $3,500 and voila the business (Carolina Exteriors) was born. From humble beginnings (1990 Ford Van with no heat/no air conditioning, leaking gas tank, etc.), 2 owners / no employees, to now generating $4,000,000 in annual revenue and being recognized as a leader in our market and industry. Our growth has been incredible, we now employ 12 full-time team members and have over 50 trade partners that we work with.

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

    The business concept/idea was hatched a few years prior to the Great Recession and when the mortgage market crashed, we saw a few things happen in the market:

    • Homeowners were less likely to "move up" or into new(er) homes and instead had to stay in their current homes.

    • Staying in their current homes meant they needed to update, upgrade and protect those investments.

    • Contractors were pulling out of the market and downsizing - fear caused many of them to diversify into other unrelated segments (i.e. not construction-related).

    We analyzed the market based on the above conditions and knowing a lot of replacement contractors were retreating, we saw an opportunity.

    Our team's (current team) experience is primarily industry related. Our team has over 150 years of combined experience (directly related to construction).

    We started the business primarily focused on Hardieplank siding (again based on my partner's previous corporate experience with James Hardie, but also as a result of our market analysis - many of the existing homes in our area have siding (Masonite) installed that is failing / susceptible to rot and decay. The best "replacement" solution is fiber cement and James Hardie Hardiplank is the world's leader in the product category. We then added windows, doors and roofing, painting and gutters to our product mix, which led to expansion into decks, screen porches, and outdoor living projects.

    Describe the process of launching the business.

    $3,500 initial investment was minimal and included "initial legal" fees, a basic website that I leveraged a previous relationship to build (for cost), business cards, flyers, and door hangers. We had no money for online advertising, but I did utilize a previous contact and took out a FREE 2" ad in the local Yellow Pages. The "Free" ad landed us a job in a neighborhood and we capitalized on that job site, created a neighborhood marketing plan and have since completed 40+ projects of various sizes in that neighborhood.

    The initial founders (team members) were me and Wesley (50/50 partners). Hiring, in the beginning, was not easy - we hadn't developed a real company culture and didn't have clearly defined job responsibilities/roles.

    We hired our first employee from an online job posting, then soon realized he wasn't a good fit, replaced him with someone that was referred to us by some friends. That hire worked for about 2 years and as we rapidly grew, we needed a more well-rounded Office Manager. We interviewed many candidates over several days and selected a well-rounded Office Manager with a background in bookkeeping/accounting, with industry experience.

    Our first "field" employee (Project Manager) was a friend of mine from church, whom I also played Church league softball with. He had applicable experience as well and after offering a job for many months (that he declined repeatedly), I finally typed up an offer letter and brought to a softball game one night - this was to prove I was serious about the offer. This was my "last offer" and I explained I wanted him on our team, but I was going to move forward with or without him. With some hesitation, he decided to accept our offer and he just celebrated 6 years with the company.

    All other positions [Production Manager, Project Managers, Sales Reps and Customer Experience Manager) have ALL been referred to us by other employees/friends. I'm also proud to say that since our first 2 "initial" hires, we've had a 100% employee retention rate.

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

    Focussing on the customer, I know that sounds basic, but our team does not look at a sale as a transaction but as a relationship. Shifting the focus from the "dollar being generated now" to one that will bring in multiple customers, therefore generating future revenue many times over.

    We have a great marketing partner that has helped us launch a customer referral program - the "1 into 5" program - turning one customer into 5 is the mindset behind the program. There's a special gift a customer receives (homemade cookies) within 7 days of job completion and then a series of email and newsletter communications to drive referrals, online reviews, etc. We've been very fortunate in our lead gen efforts and currently invest less than 1% of topline revenues in true advertising "lead generation" tactics/platforms.

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

    We run a 7-10% Net Profit after owner's salaries, distributions, etc. and our operation runs very leanly for the type of business we have / industry we serve. We have growth goals of $10,000,000 within 10 years and that also includes plans for expansion into other markets (geographic area).

    We still operate in our core market, which is our original market. We have, however, had the opportunity (from a customer referral) to perform work at the North Carolina Coast.

    Our "team" has grown from 2 (original founders) to 12 full-time employees.

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

    Take care of people - do what's right...that goes for your employees, customers, suppliers, trade partners, etc. We will NEVER sacrifice service for doing a cheaper job. I've learned to coach people up, stay positive, learn from every experience, good or bad!

    What platform/tools do you use for your business?

    • CRM tool / secure client portal: Buildertrend

    • Capture critical measurements: Hover Software

    • Design / Project Visualization software: Hover

    • Newsletter: MailChimp

    image

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

    All these provide insight into challenges and building businesses, helping tips to set us apart in our industry.

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

    Being strategic - plan, plan, plan. We don't "spend" without first discussing and analyzing.

    Surround yourself with POSITIVE people.

    Are you looking to hire for certain positions right now?

    Yes, Sales Team.

    We can be reached on the Website, Facebook, Email, GuildQuality.

    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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    I create a Youtube channel to share my learning in platform strategies.

    Posted: 30 Dec 2019 01:51 AM PST

    I am an engineer but I want to create my own business, so I have taken some courses in business and finance.

    The material is based on the lessons I learned in my university, hope it helps you guys too!

    https://youtu.be/NlM3FOciopg

    submitted by /u/brucefeynman
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    Hey guys lmk what you think of Tenantree - my independent apartment reviews start-up!

    Posted: 30 Dec 2019 07:46 AM PST

    https://tenantree.com/

    I live and rent in Chicago - actually i need to find a new place this spring - and I've always had a hard time finding enough info about the places I'm about to move into. I guess I could have asked tougher questions to the landlord during the apartment tour, or maybe gone out of my way to awkwardly ask a few questions to the current residents ... but also it's almost 2020: I don't have to walk into a restaurant and bother the people eating to find out if it's good, I can just read a few Yelp reviews and make a pretty informed choice. I must have read like 50 customer reviews on Amazon and Etsy while doing holiday shopping and it's crazy to me that this kind of info isn't widely available absolutely everywhere to me as an apartment hunter.

    And there are some reviews around but they're scattered among several sites and largely skewed by landlords and so I decided to make Tenantree, a centralized platform for independent, anonymous apartment reviews.

    It's a super simple site for now: If you're looking for a new place to live, use Tenantree alongside listing sites and read reviews from current and former tenants to make sure you make the right decision. There aren't a ton of reviews just yet so feel free to look around and leave an anonymous review if you want. If enough of us do, then maybe we can get apartment hunting into the world of transparency and customer reviews.

    submitted by /u/taruff5505
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    How’s this pitch?

    Posted: 30 Dec 2019 07:27 AM PST

    "Hi David,

    I can imagine you're busy, so I'll make this quick; we had the opportunity of speaking in August and I briefly introduced that I was a graphic designer in the local area, and I wanted to partner with xxx to assist with the cultivation of the creative for your social media posts.

    xxx has a dedicated following on Instagram, and that's something to be proud of! At this pinnacle of loyalty, the sky's the limit for growth: this is where I want to brainstorm and help you achieve more foot traffic, through the use of graphic design. Did you know attractive graphic design helps to strengthen your brand, build trust with the consumer and make your business seem larger than it is?

    In the attachment below, I've presented an example of a birthday post that was designed by xxx and a version that was created by myself. Notice the difference of aesthetic, theme and messaging: which do you believe is more captivating and eye-catching?

    I'd love to hear your answer to that question, so let's set up a day and time in the upcoming week(s) to meet face-to-face at xxx to discuss this in further detail. How does Friday, January 3rd at 1pm sound?

    Thanks for your time David, and I look forward to following up with you this week."

    submitted by /u/rhousey
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    Thinking outside the box.

    Posted: 29 Dec 2019 05:25 PM PST

    I had a long rant written but it got deleted and I don't feel like typing it again. Bottom line if you're different and you're not delusional or pathological don't accept the ideas and values of normal people. I'm projecting and generalising because I'm not about to type out all the details but you can figure out what I mean. "Normal" people or conventional thought will always feel wrong to those of us who exist outside the norm. We need to stick together and figure out our collective values as individuals. Often times those who are outside of the box stand alone but there is a common thread to entrepreneurs, artist, and innovators. We need to collectivise so we too can feel empowered. Too many times I see/hear of those who feel lost and disenchanted due to not being heard or understood. We must rise together and move forward confidently in our identities. We are just as valuable.

    submitted by /u/My-third-eye-stinks
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