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    Thursday, December 5, 2019

    Thank you Thursday! - (December 05, 2019) Entrepreneur

    Thank you Thursday! - (December 05, 2019) Entrepreneur


    Thank you Thursday! - (December 05, 2019)

    Posted: 05 Dec 2019 05:09 AM PST

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

    Please consolidate such offers here!

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

    submitted by /u/AutoModerator
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    "If you want to own the market, sell something others can’t" - The Startup of you (Reid Hoffman)

    Posted: 05 Dec 2019 06:17 AM PST

    Hello everyone,

    Recently I have just finished the book "The Startup of you" and I find it a very interesting read. I myself want to become an entrepreneur myself in the future, so it hits me quite hard.

    As a habit, I summarize this book after I read, and I want to share it with you here. Please excuse my grammatical errors…

    ————————

    Lessons in a nutshell

    In an era where the whole world focuses on the extravagant success of entrepreneurs, Hoffman and Casnocha have brought in a fresh insight on how an entrepreneur can be redefined. It turns out that a person doesn't have to appear on Forbes' cover to be an entrepreneur. If one knows how to nurture her/his career path, she/he is no doubt an entrepreneur.

    In this summary, you will explore

    • why everyone has innate entrepreneurial talents
    • why being a life-controller is so important
    • how to bloom the entrepreneur potential

    Chapters

    1. It's time to let your entrepreneurial instinct bloom
    2. If you want to gain the market, sell something others can'
    3. ABZ planning: Always spare an escape
    4. Planning doesn't take a day; it takes a life
    5. "Instead of better glasses, your network gives you better eyes"
    6. Not all networks are the same
    7. Don't let strangers through the door, except for luck
    8. Risk: What you avoid can be your biggest opportunity
    9. Intelligence is not for show; it's for learning

    1. It's time to let your entrepreneurial instinct bloom

    "Everyone is an entrepreneur." The saying doesn't mean that everyone can, or should, start a company. However, the core value of entrepreneurship lies in the ability to invent and create, which, coincidentally and fortunately, all people are inherited from their ancestors.

    The definition of "start-up" - a term that is closely related to "entrepreneur" - needs clarifying. It doesn't necessarily have to be a company or a business of any kind. When our ancestors created caves, the caves were their "start-up," or the "product" of their creativity. To pursue your dream career is to build a start-up.

    Why should everyone establish and develop a career or start-up? Needless to say, one's profession is what helps a person thrive. As the world changes day by day, it's increasingly difficult to have an assuring and long-lasting career path that guarantees a happy life. Knowing how to create and maintain a career is more crucial than ever before.

    Because a career is no different from a start-up, entrepreneurial strategies can be adopted when you build a career. Entrepreneurial strategies may include many action plans, but the most important strategy is keeping a positive mindset. Tell yourself that you'll never give up. Failures are frequent, and success never comes overnight. As long as you keep learning, improving, striving and growing, success would finally come.

    Quote: "Whether you're a lawyer or doctor or teacher or engineer or even a business owner, today you need to also think of yourself as an entrepreneur at the helm of at least one living, growing start-up venture: your career."

    2. If you want to own the market, sell something others can't

    Globalization comes with both opportunities and threats.

    The labor market expands rapidly, leading to an increase in high-quality labor. Higher job opportunity for one person means lower chances of success for another. That's why everyone needs to develop a unique selling point to increase his or her competitive advantage in the job market.

    Three elements that make a strong competitive advantage are assets, aspirations and values, and market realities. One's unique selling point can be sold to the market only when these puzzles perfectly fit each other like one fine picture. Therefore, it's necessary to evaluate the competence of each piece of the puzzle in order to make a perfect portrait of yourself.

    Assets are what a person owns. They can be physical assets, such as cash, credits, housing, etc. They can also be knowledge and soft skills such as communication skills, public speaking skills, critical thinking skills, etc. Assets would be the first thing that other people see when they look at you and get to know you.

    Regardless of how many assets a person may have, personal growth cannot be achieved without aspirations and values. Aspirations are the "deepest wishes, ideas, goals, and vision of the future," regardless of the external world or existing assets. Core values are a part of aspirations: they are what a person considers the most important in his or her life.

    Aspirations and values serve as the petrol that keeps a person going. If assets are what a person possesses at present, it is aspirations and values that perfect the assets and shape that person's future. It's always more motivational to pursue what you are passionate about rather than what you feel forced to follow.

    The final piece of the puzzle is the market realities. Assets, aspirations, and values only work when put into the right marketplace where you are welcomed. Make sure that the market that you choose is favorable for you to develop to your inner potential. Sometimes, a market that no one but you has thought of, despite being a risky choice, can be the competitive advantage you need.

    Quote: "No matter what the demand, you're not going to be most competitive unless your own passions and strengths are in play."

    3. ABZ planning: There's no easy escape without preparation

    Flickr is considered one of the best web tools for storing, managing and sharing photos in the world. Since its birth in 2004, it's been consistently developing with more than 5 billion images stored on the websites and 87 million subscribed accounts. However, when it was established, its original plan wasn't how it seems today.

    The website was originally a multiplayer online game called Game Neverending created in 2002. Online games at that time supported only a few people playing at the same time, but the developers of Game Neverending wanted to involve hundreds of players at once. They started to create groups and instant messaging on the website to increase interaction. Eventually, they added a function that helped to share screenshot pictures during the game among players.

    The final add-on surprisingly overshadowed the main purpose of the game in popularity. It was at that time that the developers had to consider dropping the original plan or continuing it. In the end, they decided to part from the original plan and continue with a brand new plan. That was how Flickr became one of today's most effective photo-sharing platforms.

    In the career market, situations like Flickr's frequently arise. Difficult decisions in decisive moments have the power to change a person's or firm's destiny. Therefore, these decisions should be prepared firsthand. ABZ planning would support you in carrying out this difficult task.

    In ABZ planning, the letter "A" stands for Plan A: Aim and Fire (and repeat). Plan A makes use of your assets: develop what you've got at the moment and implement them. It includes a string of aims and actions you can immediately implement once you're ready. When executing plan A, failures frequently occur, but it's okay. What matters is that you have to try as hard as you can without giving up.

    When plan A doesn't work anymore, it's time for a change - plan B. Plan B is ignited when you pivot using knowledge and experience you've learned from failures while conducting plan A.

    Sometimes plan B is simply an updated version of plan A; sometimes, it is totally different. No matter what, make sure that plan B would help you better to the market compared to the previous plan.

    If nothing works, plan Z in ABZ planning is the exit plan. Like a lifeboat, plan Z should be much more certain than all previous plans so that it can save you from drowning and ensure your safety. However, bear in mind that floating on a lifeboat doesn't mean that your life is over. Plan Z is not the end; on the contrary, it is the opening for a new, better plan A.

    Quote: "There is no beginning, middle, or end to a career journey; no matter how old you are or at what stage, you will always be planning and adapting."

    4. Planning doesn't take a day; it takes a life

    ABZ planning is not a kid's bingo game. It takes a lot of time and consideration to make a practical plan while minimizing potential risks. There are several criteria on which to build this plan.

    Firstly, build your plan based on your competitive advantage. It's essential, therefore, that you find your unique selling point before jumping into creating a plan.

    Your assets would help you build hypotheses, for example, "I'm good at Maths, so I'll be a financer at Wall Streets." Each hypothesis should lead to a proper action plan, which would later become different ways of implementation in plan A.

    Soft assets - knowledge and soft skills - are much more invaluable than hard assets like spending power. Soft assets help people build and maintain their careers in the long run, and they need frequent improvements. Whatever you decide to do next should utilize your skills and broaden your knowledge.

    The best way to learn is through experiences. Sometimes it takes a little risk to test if hypotheses can become facts, and it's every entrepreneur's responsibility to take a risk. However, it's better to make reversible, small bets rather than risk it all. It's a part of plan Z - always spare yourself an escape.

    Use time wisely. Never wait until it's too late to do something. For instance, you can build plan A and plan B simultaneously rather than consecutively. The first step should be a firm but also a flexible one so that there can be many choices for the next steps.

    Finally, try not to tie yourself to a specific employer. It's not bad to be loyal and completely passionate, but flexibility is what makes ABZ planning so useful and feasible. More importantly, maintaining an identity - or retaining the unique selling point - requires you to be yourself, not your employer. Don't let the position own you; own it instead.

    Quote: "ABZ Planning isn't something you do once early in your career. It's a process as important for someone in their forties or fifties as for a newly minted college grad."

    5. "Instead of better glasses, your network gives you better eyes"

    "World-class professionals build networks to help them navigate the world." There is a reason why humans have been forming communities and groups ever since they were born millions of years ago. Aside from providing a sense of belonging, surviving in groups creates better proficiency and protection for everyone in the community.

    If teams are important to individuals, individuals are equally important to teams. A team cannot succeed without its excellent individuals, just like how individuals need support from their teammates to shine their light. Therefore, it's important to know how to deal with relationships, especially during your career development path.

    An important principle everyone needs to remember is that giving is receiving. A networker will seek advantages of being friends with another person, while a relationship builder will ask himself what values he can bring to others. All essential and long-lasting relationships are and should be built based on sincerity rather than taking advantage of each other. So, you should be a relationship builder rather than a networker.

    A relationship that isn't frequently taken care of is a fragile relationship, no matter how strong it was at the beginning. No one wants an out-of-the-blue email after a long time without contact, so spend time maintaining contact with others. People often fear that they would disturb the other person, but that's not the case. Anyone would appreciate a friend that takes the initiative in the relationship.

    The power of social media in the modern era cannot be denied. It doesn't cost much time or money to make frequent contact on social networks such as Facebook or Twitter. However, it should be noted that the virtuality world isn't enough. Whenever possible, try to invite people over for lunch or dinner.

    It's sad but true that not every relationship lasts forever. In certain situations, there would be no use trying to keep a relationship. The best way to solve the situation is to let the relationship slowly fade away rather than actively delete it. By doing so, trust can remain, and the relationship can still be reactivated at the appropriate time.

    Quote: "Relationships are living, breathing things. Feed, nurture, and care about them: they grow. Neglect them: they die."

    6. Not all networks are the same

    It's necessary to understand the networks that you want to build. Between personal relationships and professional relationships, it is professional relationships that increase the opportunities to develop a career and improve ourselves.

    Professional allies are the ones who come first to your mind when you need advice. These people can be your seniors, colleagues, or even juniors at work, but they share a similarity: they've earned your trust. Allies are the people on whom you can rely for their consultancy.

    Allies are so whom you can proactively share and collaborate. They have something in common with you, they share some similarities and interests with you, and you know they'll work well with you. These traits are vital to figuring out if a person is a right partner for you.

    Finally, allies are the ones that mean more than just ordinary colleagues to you. You call them friends, defend them, promote them, help them, and stand up for them. A true ally, or in this case, a true friend, would do the same for you. That's how you realize whether you have made the right allies or not.

    Weaker ties and acquaintances form an entirely different network. They are people with whom you maintain a friendly relationship without being too close, and you don't necessarily actively know them. Believe it or not, they are the ones who bring you the best opportunities.

    Let's say you and your friends share many interests, which means what he knows is likely to be what you've already known. Acquaintances, on the other hand, don't know you that deeply. Thus, they'll introduce to you the most unexpected chance, which is both risky and worthwhile.

    The important key to bear in mind in building relationships is that the networks need to be both broad and deep. While the breadth of relationships helps people reach as many suitable opportunities as possible, the depth of them is what keeps people survive and make the best use of those opportunities.

    Quote: "There are various types of relationships in personal and professional contexts, from intimate friends and family to polite coworker contacts to medium-strength trust connections. Each type of relationship is different."

    7. Don't let strangers through the door, except for luck

    Success begins with opportunities. Networks and all of the necessary skills are built to wait for the right opportunities. So the question to raise here is: what kind of opportunity is everyone looking for?

    George Clooney was a B-class actor for twelve years despite his good looks, natural talent, and hard work. It was not until 1994 did he come across his life-changing opportunity: an overly-costed gritty medical drama named ER. There had never been such a drama at the time, so it would be a huge risk for Clooney to accept the main role. But he accepted it anyway. The result was an astounding career that hardly any other actor can dream of.

    Clooney's story is an example of having a breakout. "Breakout" is the term implying the unusually rapid growth. There's no ultimate success without luck. Luck only counts for 1 percent in one's success, but that doesn't mean it's not important.

    The most important criterion to find and generate career opportunities is to nurture curiosity. Getting used to the question "why" in whatever situation is an important habit. Learning to be curious enhances critical thinking by helping people examine each hypothesis carefully before making a decision.

    Remember the importance of creating and maintaining relationships? It is one's networks that bring the best breakout opportunities to that person. The number of possibilities is rather synonymous with the number of people you can connect to.

    That's why being in a group or a community plays such an important role in one's career path. If joining an existing group isn't what you want, consider creating your own group with specific characteristics that you want to develop and spread within that small community.

    Creativity and boldness must always exist in any entrepreneur. Great opportunities seldom fit any body's schedule. Being bold or you won't ever have the same moment again.

    Quote: "There are always breakout projects, connections, specific experiences, and yes, strokes of luck—that lead to unusually rapid career growth."

    8. Risk: What you avoid can be your biggest opportunity

    Sometimes, risks mean opportunities no one would expect. Risks are a permanent part of life - that's why being friends with risk, instead of being its enemy, is the best way to deal with and take advantage of it.

    In a career context, risks are "the downside consequences from a given action or decision and the likelihood that the downside actually occurs." It is the other side of the coin that always exists; it is the reason why in ABZ planning, there are so many back-up plans supporting each other. In fact, entrepreneurs are bold risk-takers. It takes them years to figure out a list of tips to deal with and take advantage of risks.

    Almost everyone tends to overrate risks. Humans were born with three main misconceptions to keep them survive, and one of them is overestimating threats.

    Paying attention to potential threats is necessary, but they can often be exaggerated, especially in situations where people encounter them for the first time. That is when you need to calm down and estimate the risks carefully.

    There must be a reason that ABZ planning has Plan A and Plan B with numerous implementations before going to Plan Z. When conducting the ABZ plans, remember not to freak out and jump from one plan to the next too quickly. You should first see if how serious the current situation is, then figure out whether it can be reversed or improved by any chance before deciding to change the plan.

    Some circumstances imply risks to others, but not to you. It's your mission to critically assess all the probabilities and make your own decision. Moreover, questionable situations can also be the best opportunities. In conclusion, being bold and calm will help you win against yourself.

    Quote: "There's competition for good opportunities. And because of that, if you can intelligently take on risk, you will find opportunities others miss."

    9. Intelligence is not for show; it's for learning

    Entrepreneurs don't only create, they also learn from their creation process. It is the ability to learn actively and synthesize information that gives that person the most potential to be the best in his or her chosen field. These ultimate skills would determine if a person wins or loses in the end.

    Gathering information in the business context is often called "gathering intelligence." Intelligence in this context is "actionable, timely information on all facets of the business." In other words, intelligence is what makes up a person's skills and experience, and is shaped through learning and self-improving.

    Learning from others is the best type of learning. The best way to earn intelligence, therefore, is through one's networks. Again, this is another reason why building relationships is so essential: it plays a role in almost every aspect of building a stable and successful career. The stronger and broader is a person's networks, the more he is going to learn.

    Pulling the right information, or intelligence, from your networks, is another skill that needs enhancing. Before asking questions, regarding the breadth and depth of your relationships. No matter if you ask a mass number of people at the same time or each individual, consider the status of those relationships carefully before thinking of questions.

    It is vital to know how to ask good questions. A vague or too broad question would be difficult to answer, and it can even show that you're not thinking critically before asking. Make sure that your question does not annoy the questionees, and don't ask things that are too obvious.

    The final step would be synthesizing information. It's important to spend time rearranging all the information you've got into one big neat picture. Only by doing this can others' information become yours. To sum up, "good synthesis is what makes the whole worth more than the sum of the parts."

    Quote: "How you gather, manage, and use information will determine whether you win or lose."

    Summary

    In the end, there is no fixed list of tips that guarantee one's success. Every person is an entrepreneur, which means everyone should have his or her own way to shape his or her life. Consider this book as a guideline for you to explore your entrepreneurial potential. The rest of history is in your hands.

    ——

    I have a few more summaries if you'd like to read. DM me your email and I'll share with you my GDrive :)

    submitted by /u/duyenla257
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    The genius of Tesla's marketing strategy

    Posted: 05 Dec 2019 08:23 AM PST

    Traditional advertising is less effective than ever before. It interrupts. It can't get through ad blockers. We've learned to ignore it.

    Having fans sell your product is more effective than ever before.

    Tesla grasp this. They have zero advertising budget. The focus is on turning customers into fans. And it's fair to say they've succeeded. For three straight years they've been voted Number 1 auto brand by customers.

    AUTHENTICITY

    If I had one just one word to summarise Tesla's success it would be authenticity. They are unashamedly themselves.

    The car makes "fart noises". Their CEO makes memes. And, simultaneously, they have the best engineers in the world working on a solution to the fossil fuel crisis.

    The result is both one of the most carefree and one of the most ambitious brands on the planet. It's Weasley's Wizard Wheezes meets Tony Stark. And the juxtaposition is captivating.

    CONTROVERSY

    If authenticity is how to connect with an audience, controversy is how to multiply an audience. And Musk is the master of this.

    He smokes weed with Joe Rogan, sells flamethrowers, blasts a Tesla into orbit, and then when it's time to launch a real product he's got our attention.

    Imagine any other automobile company attracting the world's media to a launch event, smashing two windows, and preselling 250k+ units ($100 refundable deposit) upfront:

    * * *

    Competitors spend hundreds of thousands of dollars for a 30s commercial to play during a basketball game.

    Tesla sit back and watch their fans make these videos for them. An army of YouTubers explaining "Why I bought the new Cybertruck" in a far more sincere way than any commercial could - See image.

    The numbers are frightening. One video by YouTuber Marques Brownlee pulled in 6.9 million views.

    6.9M views \ 1 / 5000 conversion rate = 1,380 Cybertrucks.*

    That's $75M revenue.

    SUMMARY

    So, what can we learn from Tesla? Well, if the best salespeople are your customers perhaps marketing should be a little less about attracting eyeballs and a little more about building relationships.

    Instead of asking "How many views?" ask yourself "How many fans?"

    I experienced this on a micro level last week. One organic tweet from a user resulted in 5x as many newsletter sign ups as $30 worth of Facebook ads.

    If you found this useful, I write real world marketing case studies (like this one) over on Marketing Examples. Any questions, I'll be in the comments.

    submitted by /u/harrydry
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    Advice needed for finding writers

    Posted: 05 Dec 2019 10:41 AM PST

    Hey all, I'm looking for advice as I'm unsure if this is even a thing and if it is, where I can investigate further.

    I'm pretty good at website design, SEO and keywords research and I've recently started a few affiliate blogs, but I absolutely suck at writing haha. Instead of giving up on the project as I can't really do one major part of it, do you think there are writers out there that are in the same boat but lack the skills I have? If so, where would I find them?

    If I did find somebody, would we just split the revenue or something?

    Edit: I looked into hiring writers, I could find low/ mid-cost content but it's not much better than me as a native English writer but decent content that a human being may want to read is almost £50 - £100 per 1,000 words, which is just insane to me.

    submitted by /u/pineappleninjas
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    Should I use a personalized package for selling my product?

    Posted: 05 Dec 2019 07:43 AM PST

    I'm really interested in selling plant based milk in my country, but I'm not sure if I should use a personalized package, something like a glass bottle with the company name and a cool tag.

    Most likely it will be expensive to make resulting in a expensive product to sell, but if I sell in a cheap package I'm afraid that clients will be less interested in buying it.

    Another thing, how scalable selling a natural product that expires in a few days(4-9) can be? Is it possible to at least get some real profit?

    submitted by /u/caick1000
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    Need advice on taking my business to the next level.

    Posted: 05 Dec 2019 12:17 PM PST

    Next week I'm going to be meeting with a client of mine that I've worked with for the last 3 years. His business sells cruises. Picture a much smaller Cruise Critic.

    3 years ago I redesigned his website, and have been doing SEO for him since, to much success. I've doubled his organic traffic every year, and generate hundreds of quality leads a month. I know I can take it up a notch even from here if given the time. We've previously very briefly mentioned doing some type of profit-sharing or commissions based payment structure, but have yet to follow-up on it.

    The site gets less than 500k organic visitors a year, and my SEO fee is about $1,000/m.

    I want to grow both my business and my client's to the next level in 2020 which I believe could mean working out some sort of deal with this client where the more results (traffic & leads) I bring in, the more I earn. (vs the fixed rate we agreed to 3 years ago)

    So here's my questions:

    • What would be a fair proposal for both parties? Equity? Commission? Profit-share?
    • What is a typical commission percentage in the travel and cruise industry?
    • Would you even take this approach?
    submitted by /u/Nobiting
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    Reflections on 2019

    Posted: 05 Dec 2019 11:43 AM PST

    This year, as with years past, I have tried and failed once again at setting up a small business. I find myself constantly facing the same problems and moving on too quickly. This year I tried to start an e-commerce store, a lead generation website and a web design agency. Not 1 sale from any of those.

    However, I have learned quite a bit and I now feel that I better understand myself and what my capabilities are. I know that I want to own my own business and I won't give up.

    I am going into 2020 with a much stronger desire for success than I have ever felt. I will push myself to the very edge until I find success.

    If you are in a similar situation, do not give up. Our turn at success just hasn't come yet!

    Cheers

    submitted by /u/qwccom
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    PowerPoint shows list of people who don't actually work for company.

    Posted: 05 Dec 2019 07:39 AM PST

    A founder ha asked me to help raise capital but when I look at the slides it seems none of the people are currently working at the company. Red flag? Their linkedin and other web info shows they are employee elsewhere.

    submitted by /u/GiggaIPS
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    How much $ to create app?

    Posted: 05 Dec 2019 02:12 PM PST

    An App I have been using for years has gone off the App Store and I want it for my new iPhone. https://appadvice.com/app/repetition-workout-counter/716431349

    https://vimeo.com/124904880

    How much would it cost to make a similar style app? Could I market it as my own idea if I improve on it?

    submitted by /u/AddInvest
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    Cost of renting sq footage in Grocery Store (US/ Canada Markets)

    Posted: 05 Dec 2019 02:05 PM PST

    I'm new to the sub, but I thought id ask here a question I couldn't find online with extensive research (unless I dont know how to use google).

    Im looking at renting floor space in a grocery store for a kiosk style endeavour. I couldn't find what the cost of renting a SqF - only the income per sq.f. on a weekly basis.

    thanks for any info :) or links to the info.

    submitted by /u/SelfMastered
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    I need some help about starting an online business, regarding mindset and what the landscape looks like right now for someone completely new

    Posted: 05 Dec 2019 01:50 PM PST

    Hey everyone, I'm really set on starting an animation studio and doing animation projects for clients, by having a main site where I get leads and also have a blog there that can generate an income, but I have a few questions and self doubt that I would really appreciate if someone could clear up for me:

    • I've heard people say that you should never start a business where there is no competition, because no competition = no customers. But then I see other people say you should always find areas where there is no competition, and this is really confusing and discouraging to me. Can someone please explain what is the right answer?

    • Is it still possible for a completely new business to start online anymore? There are hundreds of millions of websites that have been around for very long and it feels too overwhelming for me to try and get people to my site because why would someone want to read what I have to say? Who am I to have the audacity to start a blog when there's hundreds of millions of other people blogging already and experts in their field?

    • Am I being too pessimistic about what the online landscape is like now in 2019? Are there still opportunities for brand new businesses to get started, or is there no more room amongst the vast ocean of website and businesses?

    • Finally, do I really need millions of people to visit my site to make it profitable? Can a website be sustainable with only a small amount of traffic per month? It's very disheartening to see people with tens of millions of visitors to their site per month and trying to compete against them, it feels like trying to stand against a tsunami wave.

    Thank you so much if you've read this far, I would really appreciate any advice and help that you could give me. I'm not the kind of person that looks for the easy way in life, I know that running a successful company is very hard work and it requires a lot of planning and determination, I just need some guidance from those who have been there and understand what it takes.

    submitted by /u/RiftyM
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    How would you monetize a website that targets little kids?

    Posted: 05 Dec 2019 01:29 PM PST

    I'm just curious what you guys would do if you had an educational website that targets young kids, how you would go about monetizing it?

    submitted by /u/Dannymax333
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    Sending Cold Emails with templates or not?

    Posted: 05 Dec 2019 09:24 AM PST

    Hello,
    I have collected some leads from small businesses without websites as I have started a web development service but I need to know if it's good to send emails with templates as it looks very clean design but the message of the email will have about 5-6 sentences in total and wondering if I should use any template design or just send without any template just a normal email?
    Thanks

    submitted by /u/merdianii
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    What is Your Definite Chief Aim?

    Posted: 05 Dec 2019 01:00 PM PST

    Do you have a guiding life purpose as an entrepreneur? What is it?

    This is Bruce Lee's Definite Chief Aim, as an example:

    I, Bruce Lee, will be the first highest paid Oriental super star in the United States. In return I will give the most exciting performances and render the best of quality in the capacity of an actor. Starting 1970 I will achieve world fame and from then onward till the end of 1980 I will have in my possession $10,000,000. I will live the way I please and achieve inner harmony and happiness.

    submitted by /u/trevteam
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    I need your opinions concerning the conflict between the thinking brain and the feeling brain

    Posted: 05 Dec 2019 12:20 PM PST

    I've read on Everything is F*ckd by Mark Manson that we have two brains, a feeling brain and a thinking brain.

    I believe that those of you who have succeeded have neglected their feeling brain and acquired discipline and commitment.

    Mark mentions how neglecting your feeling brain can and will backfire on you.

    My question is, can I neglect my feelings and my desires for the sake of getting rich? Or should i do a work/reward strategy with myself.

    How did you guys do it?

    Extra question : how to keep on progressing when you're not as hungry as you used to, because i notice that when I'm broke i start working hard but once im able to fill my stomach i no longer work as hard as i used to, even though i have some really big goals and am unsatisfied with my current life.

    submitted by /u/highoncaffeine2
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    retail for pos & inventory

    Posted: 05 Dec 2019 12:08 PM PST

    I am receiving our first shipment of scarves in a few weeks. I plan on primarily selling through a website that will be ready in about a month, but I'd like sell at some pop-ups and fairs straightaway since Chistmas is just a few weeks out.

    Looking for suggestions for IOS apps for retail sales and inventory. An obvious options for me is square, but curious what folks here would suggest. A mere five sku's to start, and I put a premium on simple/easy.

    thanks much!

    submitted by /u/adcom5
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    Never Finishing

    Posted: 05 Dec 2019 11:13 AM PST

    Hey guys, I'm wondering if you guys would have any tips for me. Lately I've been finding myself starting new projects and getting 50 to 90% done before abandoning it and working on something new. I tell myself "this is a dumb idea" or "it's not going to sell". Does anyone else struggle with this and how do you handle it?

    submitted by /u/XScotX
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    How does an entrepreneur think

    Posted: 05 Dec 2019 05:08 AM PST

    I have come across an article recently, describing the 7 different ways people think types of thinking It makes me wonder, which one is more relatable to the regular entrepreneur. What do you personally find yourself under?

    submitted by /u/wizardnight
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    Do you think it's better to start adding content (articles etc) to my online store, or to create a new site dedicated to my niche so I can also try and build affiliate links etc as well as push people to my store from there? Thanks

    Posted: 05 Dec 2019 04:22 AM PST

    I also sell my items on Etsy, Ebay + Amazon but want to push people to my own store more. I'm worried that having lots of content on my store would detract from people actually buying something whilst if I built a site with regular content for my niche and started to build a good amount of visitors then I could advertise discounts to my store for example, as well as affiliate links to other places selling related items that I don't offer. The hope would be to make that site profitable within it's own right also.

    Personally I like the idea of a separate site better.

    submitted by /u/ROBNOB9X
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    Selling my custom wood/metal furniture

    Posted: 05 Dec 2019 10:05 AM PST

    I stumbled across this thread by chance, and now I have some questions. I am a very handy and talented trades person, and over the years have created some pretty cool things, but nothing really worth selling. Recently I started to make a custom maple and steel coffee table for my girlfriends birthday. I incorporated some really neat blue pearlecent epoxy and some brass inlay, overall I was pretty impressed, and have received a lot of great feedback from many people. I am currently making another table that will incorporate some crushed black opal, hand made cherry bow tie key, and silicon bronze welded legs. I feel like my products are very high quality, and strikingly beautiful, sorry if that sounds cocky, I just am confident in my hands. But I'm not sure how to be profitable and make a business out of it. I've tried the rat race many times over, and I know now it's not for me, I get a lot of joy out of art and creating, and would love to be successful in it, any thoughts/ opinions much appreciated.

    submitted by /u/mrmoorer32
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    Need your Help in Personal Branding. (I wrote & now looking for your opinions)

    Posted: 05 Dec 2019 10:01 AM PST

    Hello all,

    I need your help & opinions in making my profile bio better. Well, I am a digital strategy consultant having around 4 years of experience in this field with practical experience of digital marketing, funnel building and research & strategy.

    I thought to share my experiences, learnings online through social media, blog and youtube channel.

    #1 reason for doing this is because I love sharing my knowledge & experiences with others, I like teaching and helping peoples.

    #2 Reason: I guess this is the best time to build a personal brand online because it can help me to promote my upcoming products & courses. Having relevant & quality audience is very important.

    In fact, I tried to make my short bio simple and concise. Here it is:

    For Instagram, Quora, Twitter, Facebook & Other Platforms:

    Digital Business Builder: Helping Peoples in Digital Transformation

    Worked With 100+ Businesses

    Powerful Combination of Data, Analytics, and Customer Experience

    😇 Regular Learner & Sharing my learnings and experiences here

    Let's learn, Practice & Grow Together. Believe That! #growtogether

    ***

    Hey! I'm ABCD

    Digital Business Builder dedicated to Helping you in building your business online with my Powerful Combination of Data, Analytics, Strategy and Customer Experience.

    ***

    I will write my long bio after your suggestions. I would like to assure that "is this bio looks ok? OR is it seems cheap?". According to me, it is ok. I think a lot about it but the same suggestions coming into my mind again and again. I would like to know your suggestions on it.

    How can I make it better? Would be great if you share some examples.

    Thanks in Advance! Happy Helping!

    submitted by /u/gauravchatwani
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    Can I make a SaaS business that sells leads?

    Posted: 05 Dec 2019 09:48 AM PST

    I started freelancing recently and I found that using services like Crunchbase, LinkedIn, and job forums, I was able to scrape information about my ideal clients, which are well-funded startups so that I could cold email them.

    The information I was looking for was (if available) the funding amount, how recently they got funded, revenue, email and phone number of CEO / CTO / CMO / other executives, and something they did recently in the news, like launching a new product. This was all compiled into a Google Sheet. My email template was then basically something like, "Hey X, I saw you did blank in the news recently, congrats! I run a development agency called Aria Labs (https://arialabs.io) with experience in React/Node and machine learning, I was wondering if you have any new projects coming up where we could collaborate. Let me know a good time to chat." I changed it around to be more specific if it was a company that I thought was a really good fit, but this is a basic version of what I used.

    I then talked to some people and thought that this might be a good service to productize and I'm thinking of charging around 200 USD for maybe 100 leads, I'm not sure what the ideal pricing could be yet. I saw other similar types of services, where a company does lead generation for you, although they were more focused on sending out your product to the press and media (https://presshunt.co). The idea remains the same, however, where they scrape some information for you at a much cheaper cost than doing it yourself, all while ensuring the information is vetted and valuable. I then thought that I could also send out emails on the customers' behalf, since I already have the spreadsheet that has all this information, as an add-on service from just finding the leads to also sending out emails with the customer email in the CC field.

    What do you think, would this be something you could see someone paying for and using? Any drawbacks you see? Is this something that's been done before that I could reference? Keep in mind I haven't been in the lead gen industry so I'm not sure of the specifics or whether companies already do this, just testing out this idea.

    submitted by /u/satvikpendem
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    I'm 13 and want to succeed in life.

    Posted: 04 Dec 2019 01:56 PM PST

    I have been thinking about this for a long time already. In fact, for 2-3 years. Ever since I was little I have always wanted to be successful. But not in the way you think. I didn't want to become a doctor or a lawyer and live the rest of my life working for someone else making big bucks. Instead, I wanted to look for a way to create my own success. To not be shackled by the chains of our society. Working around the clock at the typical 9-5. I want to search for a way of life that allows for freedom and fresh air to breathe.

    So I have been thinking a lot about how I can become a success by myself. However, there are a lot of things that restrict me from acting on my thoughts such as my age, laws, and any other factors that may come into hand. Has anyone gone through any similar experiences or thoughts? And does anyone have any suggestions for me? I know I'm really young and this may seem like a really stupid and ignorant post but I just wish how to become successful by asking other people.

    Thanks.

    submitted by /u/jeffy173444
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    How do I calculate the breakeven of a mobile app?

    Posted: 05 Dec 2019 09:20 AM PST

    I need to find out how many customers I will need to breakeven. How do I do that for a mobile app?

    submitted by /u/Suzziexo
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    Does anyone here make shampoo bars? Made a weird connection over the last little while.

    Posted: 05 Dec 2019 08:40 AM PST

    Just need to reach out to someone who does and wanted to start here.

    submitted by /u/notlikelyevil
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