Accomplishments and Lesson Learned Friday! - (January 31, 2020) Entrepreneur |
- Accomplishments and Lesson Learned Friday! - (January 31, 2020)
- Automation #8 - Example of how using AirTable/Smartsheet etc can revolutionize your business
- 10 tips from a seasoned entrepreneur for prospective/new business owners.
- I feel very comfortable about all parts of business except getting the initial customers - how is this done?
- Any entrepreneurs overwhelmed. Need someone to talk to or to help manage your biz
- How do I find friends like you guys?
- Interested in starting a service where I go to people residence and help them diagnose and solve indoor/outdoor plant problems
- What are some ways to identify if your product should sell at a luxury price point, or a general price point
- How to say NO?
- Product launch was successful, networks burned, but now we're out of runway
- I’m drowning in cardboard boxes.
- Biz partner lied, went rogue, ruined the deal. Law broken?
- How do I write a proposal for a reseller partnership in a niche market (birding/birdwatching)?
- Who is in your corner? (My take on loneliness and isolation with entrepreneurs and executives)
- 6 Actionable tips for new startups & founders
- 6 products in 6 months: The first product
- What is the story of SuspiciouS Antwerp?
- Entrepreneurs are all stutterers in one form or another
- Unique Approach to Investing
- Traditional b2b business ideas
- How to start a shoe/accessories company?
- My Own clothing brand!
- Digital consulting in California
- Need advice on how to handle collaborations.
| Accomplishments and Lesson Learned Friday! - (January 31, 2020) Posted: 31 Jan 2020 05:11 AM PST Please use this thread to share any accomplishment you care to gloat about, and some lessons learned. This is a weekly thread to encourage new members to participate, and post their accomplishments, as well as give the veterans an opportunity to inspire the up-and-comers. Since this thread can fill up quickly, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. [link] [comments]  |
| Automation #8 - Example of how using AirTable/Smartsheet etc can revolutionize your business Posted: 31 Jan 2020 04:58 AM PST A while back i made my first post on automation ( If you're not using automation you're wasting your time and money) and got a fantastic response (And, full disclosure, a few leads too). Today I'd like to talk about spreadsheet automation and in particular, how you can use tools like AirTable to supercharge your business Disclosure: I own three small businesses and also work as a freelance automation developer. Both of my businesses are highly automated and I've helped over 30 clients save more than a combined 100+ hours every day. Disclosure #2: I am not affiliated with AirTable/Smartsheet etc in any way however i do work as an automation consultant and part of my work involves spreadsheet automation If you'd like to read some of my previous posts, please check them out here:
Have you ever heard the term "spreadsheet hell"? If you own a business, chances are you've felt like you were in spreadsheet hell at some point or another. Now you could pay a small fortune to a software developer to develop a complete ERP suite for you, but it's just not affordable or worth it for most small businesses. Enter: AirTable (Or smartsheet/other competitors). A middle ground that's better than managing a dozen spreadsheets. I can talk a lot about how powerful tools like these are, or i can show you. Check out this database i made: https://airtable.com/shrjjx3pyyxg9AfaK I was curious about who the most successful posters in r/Entrepreneur were so i put this together for my own curiosity. I believe comments to be a better marker for success than upvotes. In the first table, you'll easily find the most successful posts. In the second, you'll find the most successful posters. And the magic? They're connected! Click through from one table to another! Now imagine data handling like this for your own business. Plus, this link above is made using AirTable's free plan, i didn't pay a penny to do this (By uploading data through a spreadsheet you can bypass AirTable's row restrictions on the free account) I'll give you three short examples to give you an inspiration of just how revolutionary such tools can be. If you have any questions, comment!
Hopefully that gave you a small inspiration for how helpful AirTable/Smartsheet/etc can be. If you'd like to read more about my automation work, you can check out my website spdylabs.com You probably have questions. And i have answers! Feel free to comment and I'll answer as many as i can (You can also message me on reddit with questions and I'll get back to you) PS: If you'd like to work with me on an automation project or you have a problem in mind and are not sure it can be automated, please feel free to message! [link] [comments]  |
| 10 tips from a seasoned entrepreneur for prospective/new business owners. Posted: 31 Jan 2020 02:54 AM PST These are just ten items, out of many more possibilities, from my 20+ years as an entrepreneur. In no particular order:
Work for someone you can learn from. Find someone you can ask questions or concerns ideas of it. It's important to search out advice from people who have done it. There are a lot of wantrepreneurs, as well as good, well-meaning people who believe they have an idea of what entrepreneurship is. Trust me, if they haven't lived it, they don't.
Believe you can overcome any adversity; conquer all competition; beat every odd in front of you, and survive everything thrown your way. You are indestructible. And not just have the ability to survive, but also flourish. And if you fail and it all goes bad? Be strong enough to start over again, with the same approach that you came in with. Cause as I said…you got to be Superman!
Success is about looking it for opportunities and having the balls to try and take advantage of them.
You may be eating lots of leftovers, miss movies or events, work on the holidays, etc. Being an entrepreneur takes significant sacrifice. It doesn't mean you can't have a life away from work, but it takes effort. Additionally, understand that the sacrifice you are making is not you losing out on something, but a significant investment you are making for you and your family's futures. (Sidenote: I don't believe I have regretted going into business for one minute. I love the challenge and lifestyle. I've definitely regretted decisions I've made along the way for sure).
Don't get distracted making YouTube videos or paying for and going to seminars. It's not that you won't want these at some point, but for most new businesses, sales are still very face to face and done solely utilizing human interaction via phone, text or directly. Additionally, everything you need to know is on the internet for free. To be clear, the internet will play a major part in any new business. Just don't think that all you need is a website and some Facebook ads and the customers are going to beat your door down. Contrary to popular belief, that ain't reality.
Formal education is great and will help, but it is neither necessary and will not get you very far. You have to actually do the work to get your education. I have had many, very well educated people work for me over the years. I myself have zero formal education. What I do have is a lifetime of real-world experience and the disposition to learn while suffering.
Change today what you changed yesterday has to be a mantra. Employees will fight this, but you will have to be strong. People will naturally push back against this, but bad ideas are bad ideas. And sometimes we don't catch the bad ideas quick enough. I have blown up projects that we spent weeks putting together simply because once they were implemented, they were crap. I then take full responsibility for it, change it again, hopefully, learn from the mistake, and move on. You cannot be scared to make mistakes, so don't fear this. Embrace it, it will happen!
Mastering chaos is critical. Learn how to herd cats! The best entrepreneurs are calm, cool and collected when things are at their ugliest. That's the essence of an entrepreneur.
You can do whatever you want with it once you have it. But if you don't earn it from profits, you can't use it for whatever you're passionate about. There's no saving the rainforest if there's no money to fund it. Also, there is nothing wrong with wanting more, (raise your hand if you have ever turned down a raise!) So don't feel guilty about how you think that makes you look to others or what popular culture says about it. I had NO money into my 20s, and the whole reason I worked was that I wanted more. Having said that, remember that money follows, it doesn't lead. Many decisions are made trying to chase pennies when there are dollars a little bit further down the line. Money is made on the back of good decision making. (BTW, By the end of the day most of these decisions are made from the gut. There is no guiding light in business!)
This one will be controversial, but here's why I say it: I think we should work passionately, that way we can go to work ON our passions. You want to give yourself every advantage to be successful because god knows the odds are against you. Constantly be on the lookout, and searching for, all opportunities that you can take advantage of is critical. You do not have to be passionate about what your business does, just about your business. My passion for my business being successful is about me surviving, for my family, my employees and the food my companies put in their mouths. Ok more than 10 but I'm on a roll!!
Family, friends, co-workers, competitors, etc. They will all tell you you're crazy. You have to believe in yourself because more often than not, no one else will. The life of an entrepreneur is a lonely one, especially when things are not going well. This is were many lose it.
Do not believe you can't start a business AND spend time with your family? I worked 18 hours a day for a decade, and 12-15 for the next decade, and still saw my family almost every day. This is why you cannot listen to people who haven't done it, because all you will hear is that you can't have your cake and eat it too. I'm here to tell you that you can. I believe raising a family is about quality time, not quantity. My three kids are all grown now and either working for me, going in the military or going to school. And I have a great relationship with all three of them. Mostly because their mother is extraordinary, but I had something to do with it! The final one I promise…
From day one everything has to be your fault, regardless of whether or not you had anything to do with it. You own the issue, discipline or retrain the people doing the work, and move on. Since everything is your fault, there is no one for you to blame, hate or obsess over. I've had employees steal thousands of dollars over the years. We find it, get rid of them, fix whatever loophole they found that I should have, and move on. My fault. I once had a billing issue cost me $100k over 18 months before the accountants caught it. The money I was not able to recover. Would it do me any good to blame someone else? Would it bring the money back? So we changed how we billed so it didn't happen again. We dealt with the employee by providing additional training, and then I went into the corner and curled up in a fetal position and started sucking my thumb! (That last parts not true, I didn't go into the corner!) There you go, 10 things (really 12 things), that I think any prospective business owner or entrepreneur should know. Not my top ten (12), just ten (12) off the top of my head. For more info like this, check me out at jerrybrazie.com or on Facebook at Jerry Brazie. [link] [comments]  |
| Posted: 31 Jan 2020 11:48 AM PST A lot of business seems like a science: idea, market research, build, iterate, manage vendors, suppliers, delivery, customer service, etc. However, marketing, particularly, the initial customers, seems like a dark art. Honestly, how the hell do you get your first customers if you have no money, minimal social media following, etc.? It's frustrating because I believe with some traction I could use the revenue to grow. But I need the first customers. [link] [comments]  |
| Any entrepreneurs overwhelmed. Need someone to talk to or to help manage your biz Posted: 31 Jan 2020 09:57 AM PST Hey, I'm fun and awesome to talk to. If you want to chat dm me. I can be the buddy you always wanted. You never know. I do web, apps, video, own a few companies, never know, I could help you if you need it. [link] [comments]  |
| How do I find friends like you guys? Posted: 31 Jan 2020 10:23 AM PST Hello everyone, I am 18 years old and I live in the Netherlands. I don't know anyone that is interested in entrepreneurship. All my friends don't share my passion for living life, they are just 9-5 people with no aspirations. I have met some "entrepreneurs" but I cannot actually find anyone that is relatively young like me that is actually successful in anything (or any other age). How do you guys find each other? Could you guys give me any insight on this? My biggest goal right now is to actually find someone that could point me in the right direction and give me advice. Any advice is appreciated :) [link] [comments]  |
| Posted: 31 Jan 2020 01:54 PM PST Cross post from r/smallbusiness I have about 10 years of experience in the horticulture industry and would like to start a service where I go to people's residence and help them figure out what is wrong with their house/landscape plants. I've been doing this for my friends, family, and colleagues for a long time and I think it could do well as a small business. Since everyone is looking towards the internet now days, is this something any of you would actually entertain? [link] [comments]  |
| Posted: 31 Jan 2020 01:50 PM PST I had a discussion with a friend of mine who was in the process of developing a product about to go to market. It was really an interesting item, and in an unbiased way I can honestly say it was better than the competitors. However, he had a hard time finding if it was at the right price point or not, his competition sets their prices at around $300, where as he wants to set his at around $400, but is considering selling it for $1000+ because really avid users of this product would buy it, or so he says. My question is, how can you differentiate if the product is worth the price on a niche level? Like how can american eagle sell cotton shirts for $35 and some small luxury brands can sell the same for $350, and still sell it? What are some ways to gauge and see if a product can fit that luxury price point? [link] [comments]  |
| Posted: 31 Jan 2020 01:36 PM PST How do you politely say NO to a potential client or partner? This is really difficult for me because I always want to say yes. But I shouldn't. Please help with specific language - both for when I'm on a phone call, or saying NO via email. Mainly, I need to turn down these potential clients and partners bc of at least one of 3 reasons:
I'm ready to say NO, I just need direction on how to, gracefully. [link] [comments]  |
| Product launch was successful, networks burned, but now we're out of runway Posted: 31 Jan 2020 01:22 PM PST I pulled a fucking rabbit out of hat this past month. Over 200+ signups for my product launch, entire industry is talking about what my team and I created, our competition is afraid to the point where they've been attacking us on social media, every potential customer we onboard loves what we're doing. We had to add new servers because so many people are signing up. Major players in our industry are reaching out to us, I have serious leads with six figure potential. We're this close to bringing in significant revenue but our lead investor got hit with $100k in unexpected taxes, can't keep funding us, and I'm not even sure I'm going to get paid now. I've been working on some iteration of this project for 5-years now. I've put my reputation on the line, burned through all my VC connections, gritted through late payments, health issues, and finally got this product off the ground and now we're fucking stalled out at the worst possible moment. My team doesn't even know the situation either, they're all in seventh heaven with the success of our launch working their asses off right now and I just don't have the heart to kill their motivation. Since I did not know if my product launch would be successful I've been playing the job market just incase for the past 3-months. No one will hire me. After 20 fucking years in the tech industry, multiple successful exits, and a resume where I've been a VP or a CEO for the past decade I've become unhirable apparently. The worst part is our product launch was successful and the traction just doesn't seem to be enough. We just need more time. I'm like a veteran journeyman quarterback, GMs know if they sign me I will win games and take them to the playoffs, but they're too fucking cheap and want to keep trying to bet on rookies they don't have to pay well. I'm this close to disrupting a major industry, giving power back to developers who have had their work monetized into the billions by hosting companies, and the universe seems to both want me to continue this project but also make it as difficult as fucking possible at the worst possible moments. Apparently, I can't even exit if I want to because no one will hire me at this point. Even the consulting firms I've applied to are passing on me which means I basically have to go back to spinning up my own consulting firm if I want to survive and put food on my table and I just fucking don't want to do that shit again. I just want to see this project through, get paid, generate significant revenue, get a good valuation, and sell the whole damn thing to the highest bidder and cash out. Fuck. What do I do now? [link] [comments]  |
| I’m drowning in cardboard boxes. Posted: 31 Jan 2020 01:13 PM PST I have so many cardboard boxes in my garage. It's embarrassing, but true. It's just about bursting from the seams, true hoarder status. I don't want to make excuses, but giving out the facts. I own a company in a shared office that is mostly closed during normal business hours, so I ship everything for the business to my home where I know it can be received. We had the holidays. We had a baby this past year. We got subscription boxes as gifts. We order everything in our lives through amazon now. My wife also has a career, so we save a ton of time by not shopping in stores often. The boxes just come as an onslaught from everywhere. It starts out slowly. "I'll break that one down tomorrow" or "I should have some time on Saturday morning to break those down." But then the time just isn't there. And more boxes come, and more, and more. "No honey, let's not have a slow morning drinking coffee relaxing, I'm going to go spend two hours in the garage freezing my ass off while swiping a razor blade everywhere." It just doesn't get done. I like to think I care about the environment, so I know I need to properly break all these down, stack them all up, load them in my wife's SUV, and take them to recycling. Which I do every couple months. And I hate it so effing much. We are getting more boxes and people are recycling less. So many people and businesses don't have access to recycling. Cardboard boxes are eating up time and energy everywhere, bogging down our recycling facilities of unbroken down boxes, and being a general nuisance. So it of course it got me thinking, why is there not a service that will come break down all my boxes, and haul them away where I know they will be properly and efficiently recycled? In my never-ending quest for business ideas, I came across this one. And I think it's a winner, but haven't got much positive feedback. It's not a company I am in the position to build anytime soon, but I would love to know the viability of this business. Would people actually pay for this service? This is a business where we come get your boxes either for a one-time rate or a subscription model. You pay 3 flat rates for small, medium, and large boxes. We take the boxes and work with our recycling plant to bring them completely broken down boxes. Or find a way to recycle them and sell the material ourselves. This is solving three problems: one for the consumers, one for recycling rates of cardboard, and one for efficiency of recycling facilities. Is there anyone else out there like me that is overwhelmed with boxes and would pay for a service like this? Or am I just a lazy asshole and need to quit complaining and find the time to break down the effing boxes? TLDR - I want to know the viability of a business that breaks down boxes for businesses/consumers and halls them away sustainably. [link] [comments]  |
| Biz partner lied, went rogue, ruined the deal. Law broken? Posted: 31 Jan 2020 04:25 AM PST Thank you in advance, wondering if any laws were broken here: We were in discussions to be bought by large company. Joint venture partner went behind my back, on eve of signing and demanded way more money, and did so in a wildly unprofessional manner. Large company walked. I brought them back to the table after one year, biz partner once again called them right before closing without my knowledge, right after an email from me expressing how we must approach and the level of professionalism required... he called them and lied that he and I both found a buyer offering more, so they would have to cough up way more. This time they walked for good, and will not reimburse a certain expense incurred in an existing deal because same biz partner, after they agreed to pay in full, went to them wanting 3x more ( for the sake of more, not because more is due ) and provided a BS paper trail showing why its more. [link] [comments]  |
| How do I write a proposal for a reseller partnership in a niche market (birding/birdwatching)? Posted: 31 Jan 2020 01:08 PM PST Hi there! Long time lurker here, but it's my first time posting. Here's my story. I've been developing mobile apps for years now and I found an interesting niche in birding/birdwatching apps. I released an app about a year ago that has gained a fair amount of traction (7K unique users per month) and I've been making some money through in-app-purchases and subscriptions (about $500/month). In the meanwhile, I also created a facebook page that has a lot of engagement (2K followers, posting every day). I run daily contests on it where people have to ID birds to eventually win a nice bird feeder. Funny thing - I also bought an extra feeder for myself and realized 1) the feeder is the best selling feeder in North America, with a great brand presence 2) the company is based in my hometown. So I figured why not sell the feeder through my own channels (app and facebook)? So I contacted the company to learn about an affiliate program I could do, or some reseller partnership I could enlist for. They were quite happy to hear from me - but being a "family-owned", traditional and not too tech-savvy company they didn't quite understand how this would work. So they asked me to write a proposal to them. Since I've never done this before, I thought I'd reach out to you guys for help. How does a reseller partnership usually work? Do I buy a bunch of products at cost price and split the margin with the manufacturer? If so, what should be the split? Any feedback would be great. Thanks! [link] [comments]  |
| Who is in your corner? (My take on loneliness and isolation with entrepreneurs and executives) Posted: 31 Jan 2020 01:00 PM PST It's been a while since I posted here. I hope this will be helpful for some of you. tl:dr backstory: I've been an entrepreneur for 15 years, ran multiple businesses and projects, and two years ago I transitioned into executive coaching. I am also helping build a startup this year. The feeling of loneliness and isolation is an epidemic. There has been a ~14% increase in people feeling like they have no close relationships since 2018. (Cigna survey link) You wouldn't believe how common it is with entrepreneurs and execs, and I would guess that loneliness number is even higher. Many of the folks I know and have worked with say that is an issue for them. Also, the higher up you go, the less of a peer circle you have where you can just be yourself. I felt it too. So I wanted to offer a couple of ideas that made a difference with the people in my circles. 1) Who is in your corner? If you don't have a peer group, a mentor, or someone you trust to share your ideas, challenges, and feelings with - it might be a good time to start investing in those relationships. I think what Jason Gaynard talks about in Mastermind Dinner would be a fantastic start. 2) Whose corner are you in? A simple and amazing gift you can give is to be in someone else's corner. To check in on them, to listen, and to support them. It can be as simple as sending a text message to ask "how are you?". Just checking in with someone can change their entire day, and how they show up. I make it a priority to check in with my entrepreneur friends every week or two, especially those who are going through a tough time. I'm also part of a peer group that's made an incredible difference in my happiness and fulfilment. I don't post much on YouTube, but I made a 4 minute video on this, you can check it out here if you like: https://www.youtube.com/watch?v=1HBugY351-A Hope that helps some of you who may be struggling with this. Know that you're not alone. e. [link] [comments]  |
| 6 Actionable tips for new startups & founders Posted: 31 Jan 2020 11:50 AM PST Background: I moved to the US when I was 12 & have done everything & anything you can think of to make money online. I made my first 100k when I was in 6th Grade. Currently, I am much older ( 28 ) & I own close to 800 SaaS companies, They vary from consumer-based platforms to b2b platforms. Our HQ is in Dallas, TX with an extension of it in Romania. Been featured on Entrepreneur, Forbes, CNBC, IBMTimes and various media. Here are my top 6 tips for anyone who is starting out.
If anyone has any other questions, clarifications. Please add on. [link] [comments]  |
| 6 products in 6 months: The first product Posted: 31 Jan 2020 07:12 AM PST At the start of the month I announced that I'd be launching 6 products in 6 months (https://www.reddit.com/r/Entrepreneur/comments/eozhnv/im_launching_6_products_in_6_months/). The response was... mixed. Mostly negative to be honest. Some people did say they'd want to follow along with updates, so I'll try posting this first one and if it also gets a bad response I'll save future updates for the blog/newsletter/Twitter. Launch one Why did I decide to build this? In terms of what type of podcasting related product to build, I went with Subcaster because there were signs that people would find something like this useful. There are a healthy amount of searches for keywords based around finding & comparing podcasting tools. Questions about picking hosting companies are also frequent on the podcasting subreddit. I've also been digging the "research as a service" idea. Essentially
In terms of business model, essentially anything could work. Some charge for access to the research (essentially what I do with Page Flows), while others sell ads. Key Values, which helps developers find companies that match their values, makes money by charging the companies they research. Example of "research as a service" websites
With Subcaster, the obvious businesses model would be affiliate sales, but I'm not going to worry about monetization until I'm confident the site gets enough traffic. Future Plans For the more immediate future, it's time to start working on product number two. If you like these updates, let me know, otherwise I'll happy go back to lurking [link] [comments]  |
| What is the story of SuspiciouS Antwerp? Posted: 31 Jan 2020 10:27 AM PST How did 2 20 year old students from Belgium manage to get elite models and celebs to wear their clothes? Have they shared their startup story anywhere? I couldn't find anything specific with details through Google (I'm also Belgian). Only thing I found was that they started with a budget of 16 euros. [link] [comments]  |
| Entrepreneurs are all stutterers in one form or another Posted: 31 Jan 2020 09:37 AM PST • The foundational virtue of entrepreneurship is simply courage in the face of limitations. • The quality of effective entrepreneurial leadership combines a practical modesty with a frontiersman's ability to step fearlessly into the unknown. [link] [comments]  |
| Posted: 31 Jan 2020 09:23 AM PST I have been investing in early stage startups for the last 10 years using what I think is a unique way to acquire equity in startups at little cost. I started developing and flipping internet companies in 2010, I would create a concept or find a product and develop a website, start marketing it and get it generating revenue. One of the ways I would grow the platform is using thousands of micro influencers to share my products, social media posts and create product review videos for me. Most of the time I would use 1,000 to 10,000 micro influencers to grow these companies and then sell it for a massive profit. For instance, I would build a site, get it ranked in search, build a marketing channel that could be duplicated pretty easy and then scale up the social media side of the business using my Influencers so the brand was huge when you looked at. I would then sell the site for $50k to $250K depending on revenue and scalability. Now, I use look for early stage startups that need explosive growth and offer to grow their brand almost overnight with the 200k micro influencers in my database. I offer them the ability to leverage my platform in exchange for equity. This has allowed me to secure equity stakes in tons of awesome startups over the years. In 2014 I helped an App get ranked in the App store and go on to generate over 50M downloads, 3M paid subscribers and $340M in revenue. I was able to secure a 5% equity stake in that company post launch. Has anyone else used this approach to secure equity in companies while providing a growth mechanism that increases their value almost overnight? [link] [comments]  |
| Traditional b2b business ideas Posted: 31 Jan 2020 09:14 AM PST Looking for some traditional business ideas to pursue that have been established already and are not going anywhere. Preferably looking to start something in which billing recurs on some periodical basis and is sold b2b, does anyone have any ideas? [link] [comments]  |
| How to start a shoe/accessories company? Posted: 31 Jan 2020 09:05 AM PST Hi everyone, I have been doing some research and want to start a start a shoe / accessories company (without going into detailed specifics). The task at large seems very intimidating and even though there are plenty of resources online, none seem to really cover the finer details. I have a few questions:
As you can tell, my thoughts are all over the place. I don't have much direction nor do I really know where to start and how to start. I've started doing research on competitors and materials but my knowledge of the design and manufacturing processes is lacking. I would really appreciate it if anyone who has done this before could shed some light on the early stages of the process. [link] [comments]  |
| Posted: 31 Jan 2020 09:01 AM PST Hi guys! My friends and myself have made a tshirt and was wondering if anyone would like to help us out. We need at least 15 orders to start production. We also offer free shipping. Shirts are $25 and are very simple and comfortable. If we don't get enough orders and you preorder you will get your money back please help us out! Thank you :) our shirts [link] [comments]  |
| Digital consulting in California Posted: 31 Jan 2020 08:19 AM PST As per law does all businesses need office space or non residential address to start a business even if it is a IT consulting or software development firm. Also can one have its complete staff or team working from home ? [link] [comments]  |
| Need advice on how to handle collaborations. Posted: 31 Jan 2020 07:35 AM PST I'm a small business owner and I have questions to those who have done collabs with other businesses. The reason being is; I recently was featured in a local paper and I have a few people who wante to do a collaboration of products. My questions are as follows:
I've accepted one collab already. They approached me to give them an idea, I provided. We've moved forward but have yet to talk about compensation. So I'm just looking for some insight as how to handle this. Any advice is appreciated. I am also interested in approaching others and want to know how to do that as well. Thanks again. [link] [comments]  |
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