You don't need to build an app that doesn't exist yet Entrepreneur |
- You don't need to build an app that doesn't exist yet
- How do you cope with sticking to one idea instead of pursing every "great" idea that pops into your head?
- Michigan Attorney General Investigates Dropshipping Giant "BlvckPods", Cites Violating Consumer Practices
- Pro tip: If you have a webpage ranking near the top or on the second page of Google SERPs, give it a 2020 update for an SEO boost.
- Any successful peeps here turn to entrepreneurship out of pure necessity, not because of an entrepreneurial spirit?
- $300,000/month delivering healthy meals [started from a mobile home]
- You've got 15 hours a week to study/learn something that will generate the most income possible for you after 5 years. How do you spend your 15 hours?
- Interested in entrepreneurship
- I have invented a product, what do I do now?
- Fast-growing SaaS startup - looking to hire an Account Executive / Our First Sales Lead
- Looking for tips or advice for a client of mine
- What should I do to make 10K before 2021?
- Best REAL online businesses and best way to start them? I need to do something
- Who is attending YC Startup School Winter 2020?
- Percentage or fixed price?
- Can you be that entrepreneur that don't want public speaking, events, conferences and still be successful?
- AMAZON FBA Newbie here - Questions on logistics
- Does anyone hire business coaches other than prospective business coaches?
- Helping other entrepreneurs export their products
- Where would you guys market and sell luxury pillows.
- Can someone really sell something they bought from qvc Through easy pay?
- How would you recommend pricing an API?
- What kind of door to door sales can i immediately do with being employed or having to spend too much on the production process (permits & manufacturing)?
- Ideal Customer Acquisition Cost?
- Thoughts on a potential Real Estate marketing side business.
| You don't need to build an app that doesn't exist yet Posted: 05 Jan 2020 10:45 AM PST A lot of people tend to think that we need to build something that doesn't exist yet, something that will revolutionize the market or solve problems that we didn't know we have. But it is simply not reality. Here is my story- I have built a small Android app (and published it) within two weeks that does a very simple job- it count days to a specific event in a beautiful way (at least I think so). It has some customizable options and an ability to put a widget on the home screen. And it does only that. With time I was obviously adding more features, but the basic functionality was very simple. And now I am making some money with it (from ads and premium features). I have published two Android apps, they were not the first ones in their categories nor the best ones (maybe), but they are still being downloaded despite the competition. I believe that because there are so many mobile users, I am sure some of them will enjoy a different approach to a specific app. So again, you don't need something ridiculously complicated, you will find your user base that will enjoy your work If you want a full story and my suggestions about making an app, here is a link to my blog post: https://devonvacation.com/what-app-should-you-build-to-make-money/ [link] [comments]  |
| Posted: 04 Jan 2020 06:29 PM PST |
| Posted: 05 Jan 2020 11:09 AM PST "The Michigan Attorney General has launched an investigation into "BlavkPods", a dropshipping business that sells wireless earbuds. The business is run by two 16-year olds and the allegations in the AG's petition are essentially a laundry list of what not to do if you run a dropshipping store. BlvckPods sourced the earbuds from a Chinese manufacturer at as estimated cost of $15 per unit and resold them for $49.95. The company allegedly violated the "Michigan's Consumer Protection Act" (most states have similar laws) by: - Advertising that the $49.95 price was cut from $159.95, when no product was previously sold at the higher price, - Advertising that the product was "100% custom and unique," "custom made," "[h]ome to the original Matte Black Pods," and "[b]ased on our own Pod Concept, our technologies are fully authentic," when the product was not custom or proprietary to Blvckpods, - Advertising that the earphones would automatically pause audio when removed from the ears, when they did not have that functionality, - Failing to timely ship orders and then blaming the post office's inability to keep up with high volume, - Claiming that the orders would be limited to 150 units to entice customers to purchase without researching the company, when there was no such limitation, - Failing to honor returns or exchanges. As the Michigan AG stated, there is nothing illegal about the practice of dropshipping itself, but it needs to be done correctly. The AG's site also suggests that entrepreneurs looking to enter the space should "not go into dropshipping thinking [they] will get rich quick." IG: robertfreundlaw [link] [comments]  |
| Posted: 05 Jan 2020 05:55 AM PST Google loves content that gets updated regularly and prioritizes new content over older content. Updating your article or pillar with a new section and adding an "Updated for 2020" or "January 2020" will give it a nice SEO boost. You might not see results right away (or might if you're in a less competitive niche) but I think right now is a great time to increase traffic for minimal effort. If you can't think of ways to improve your article, let me know in the comments and I'll try to come up with some ideas. Cheers! [link] [comments]  |
| Posted: 05 Jan 2020 08:30 AM PST There's a prevailing idea that successful entrepreneurs always had a particular drive or insight or outlook necessary to break out with their own thing. But any of you guys turn to it out of not knowing what else to do and just needing to do something with your life? [link] [comments]  |
| $300,000/month delivering healthy meals [started from a mobile home] Posted: 05 Jan 2020 08:01 AM PST Hey - Pat from StarterStory.com here with another interview. Today's interview is with Michael Martinez of Eat Clean LLC, a brand that makes healthy, natural prepared meals Some stats:
Hello! Who are you and what business did you start?My name is Michael Martinez, the owner and founder of Eat Clean, a healthy meal delivery service located in Fort Lauderdale, Florida. We prepare healthy meals with all-natural and organic ingredients, then deliver meals directly to the consumer's doorstep. Our customers are typically 25-44-year-old professionals that are too busy to cook or want to live a healthy lifestyle. We opened for business back in January 2015 with just three of us in a shared commercial kitchen space. We have now grown to monthly revenue to over $300k per month in sales. What's your backstory and how did you come up with the idea?The idea came from my desire to enjoy healthy foods as well as to help others live a healthy lifestyle. I did not have a background in preparing food although my roommate at the time was a chef and helped start the business and prepare our original menus. At the time the business was started I was fresh out of college renting an apartment. I actually had to downsize and move into a mobile home due to the massive cost of starting a food business. Kitchen equipment such as commercial ovens, walk-in coolers, and freezers are very expensive. My goal was to grow fast and I learned quickly that without investment it was only possible if I was willing to sacrifice and invest everything into the business. Take us through the process of designing, prototyping, and manufacturing your first product.We prepare our meals from scratch using only natural and organic ingredients. We have a full kitchen staff that includes three executive chefs, one chef is for our breakfast menu, the second chef is for our dessert items and the third chef is for our lunch and dinner menu. We receive all of our ingredients fresh, then prep all the vegetables and marinate the proteins. Our kitchen staff will then cook all of our ingredients in the oven or on the grill. None of our items are ever fried. Describe the process of launching the business.The business was started with three of my long-time friends and just $3,000(which was all that I had in my savings account at the time). That money was used for kitchen hours in a commercial kitchen, food and our original website. By our third month, we were delivering to over 100 customers each week and we then had to lease a space and build our own kitchen. Initially, our customer base was family, friends, local gyms, and sports teams. The space we leased was a pizza restaurant that we had to tear down and build it to our requirements. Later on, we then leased the two locations next to us for additional space to prepare our meals. Since launch, what has worked to attract and retain customers?Social media was a huge resource for us to attract customers. Back in 2015 some of our competitors did not even have an Instagram account and we used that to our advantage. We offered meals at a discounted rate or even free meals to social media influencers that were in our area. https://www.instagram.com/p/B38KDZSAU29/ https://www.instagram.com/p/B5LwzE7ALkT/ https://www.instagram.com/p/B5eDvxNA8lp/ Once we started to grow we made sure to branch out and started advertising on Google, Facebook and a lot of events, giving potential customers a chance to taste our product. Such as Health Fairs, Corporate Lunches, and Gym challenges. How are you doing today and what does the future look like?When I look into the future I see us shipping our meals nationwide and opening kitchens in different states to offer our local delivery system to big cities such as New York and Los Angeles. Our goal is to one day be the biggest meal delivery service and go beyond that in time. Through starting the business, have you learned anything particularly helpful or advantageous?I have personally learned a lot and made a lot of mistakes. One mistake was the way I managed people in the beginning. Trusting people a little too much and I was not patient enough with our staff in the first few years. I have learned that people learn at a different pace. I have also learned that sometimes it's better and more advantageous to find someone with potential and take the time to mold them, rather than to pay big money for someone experienced that may not buy into our culture as much. What platform/tools do you use for your business?We use a CRM called Hubb. We are fortunate to have a great relationship with them and they have customized it around our form of business. We also use a delivery software called Workwave which allows us to receive pictures of each delivery and track our drivers in progress to make sure our drivers are safe and on time. What have been the most influential books, podcasts, or other resources?I personally listen to Ben Greenfield's podcasts, I research healthy foods daily and I'll watch documentaries for inspiration. Watching what others had to go through to accomplish their goals, is very motivating and that's why I enjoy watching documentaries. Advice for other entrepreneurs who want to get started or are just starting out?The advice I would give is to put the business first and to keep your foot on the gas. Earlier I referred to the fact that I had to downsize to live in a mobile home for a certain period of time. I would strongly recommend doing something like that or moving back in with your family for a certain period of time. Do whatever is necessary to be able to grow your business and usually, it takes a lot of sacrifices that are not fun at the time but when you look back on it your proud that you actually did go the extra mile. Are you looking to hire for certain positions right now?We are currently looking for sales representatives that have knowledge of the health and fitness industry. The main goal would be to acquire corporate accounts, where we can provide their employees with a healthy option for lunch. Hours would be from 10-6 pm. 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 [link] [comments]  |
| Posted: 05 Jan 2020 01:02 AM PST You've got access to a laptop, the internet and $5000 USD [link] [comments]  |
| Interested in entrepreneurship Posted: 05 Jan 2020 08:45 AM PST Hi guys I am 16 and next year is going to be the last year of my school life . I am really getting attracted by hearing stories of successful people making an empire and doing such inspiring stuff . I am studying in the commerce without maths option in my school right now ( maths was the only subject which killed my good percentage so I moved on from it) . So just researching a bit people are saying that firstly I'll have to be passionate and knowledgeable about a particular field. How exactly can I find that? And as I am so bad at maths right now is the scope for entrepreneurship still open for me? If I take this path what should I study in college? Any answers will help just trying to figure out what to do in my life . Thanks ! [link] [comments]  |
| I have invented a product, what do I do now? Posted: 05 Jan 2020 10:50 AM PST I have an idea of an amazing product and have now made a prototype. It's sitting on my table right next to me literally right now as I am typing this. How do I go forward with this? I am not quite sure what to do or where to start. [link] [comments]  |
| Fast-growing SaaS startup - looking to hire an Account Executive / Our First Sales Lead Posted: 05 Jan 2020 12:41 PM PST Had success here last time we were hiring so trying again! About the Company and Candidate We are a fast-growing marketing technology platform that enables enterprises to leverage their business partnerships into scalable digital marketing channels. Want to work with senior marketing executives and CMO's of fortune 500 companies?
The candidate must be comfortable with:
Account Executive Role The Account Executive role gets to interact with senior marketing executives at Fortune 500 and Fortune 100 companies. You should be comfortable working at a senior level, have the ability to sell new ideas and work in a highly creative and fast paced environment. You will be expected to run the full sales cycle from finding qualified leads to closing contracts. You are expected to do this, and have fun at the same time. Responsibilities
Expectations for the Account Executive The Account Executive must be autonomous in his or her role and is responsible for becoming the primary driver of business development for The Company. The Account Executive is expected to develop his or her own processes and structure around the role and for the majority of his or her working hours. The Account Executive is expected to be comfortable working within a small team and experiences in communicating with and selling to enterprise clientele (ideally Fortune 500). Where are the best places I can post this to find someone? If this sounds like you, please comment or PM to connect/learn more about the company and connect. [link] [comments]  |
| Looking for tips or advice for a client of mine Posted: 05 Jan 2020 11:41 AM PST Hello everyone, I am currently coaching client who is a very busy individual who works in politics, owns real estate, and is entrepreneurial (I have permission to discuss this). My client is getting into AirBnB property management and wants to create it as a remote business where he deals with all cleaning contracts and bookings/tenant affairs, and takes 10% of total booking fees. If there is anyone out in reddit-land who has experience in this field, I would love for some feedback on the initial experience of getting established as well as considerations which most people might not think of. I'll answer any questions on my clients behalf as best I can. [link] [comments]  |
| What should I do to make 10K before 2021? Posted: 05 Jan 2020 11:19 AM PST I am planning on learning a skill that I can monetize, and I have decided on three important skills I plan to learn and they are; graphic designing, marketing and web development(coding , web design etc,.,) In what order should I learn these skills? I was thinking of learning web development and website design/code because I dont know shit about it and it's one of the highest paid jobs online and can earn me what I want with minimal spending on courses and other resources. Learning marketing seems like a good option as I just finished an internship at a marketing firm and have learnt market research. EDIT:I am not in the USA and live in a developing country, and am in college (12th grade) [link] [comments]  |
| Best REAL online businesses and best way to start them? I need to do something Posted: 05 Jan 2020 11:07 AM PST Hello! I am 19 and this year I´m going to start studying. I need to make some money to pay for my expenses, but I don´t have much time (and I really don´t like) to work with schedules in a physical job. I want to avoid things like surveys (don´t help me at all) and gurus´s get rich quick schemes (we all know that those things don´t work). I want a real business model in which, with time and effort, I could earn the same money as in any other physical job. I will work in it all the time I don't use to study, I don´t pretend to make money without working a lot on it. It could be anything: selling things on instagram, a digital marketing agency, a SaaS model, dropservicing, affiliate, ecommerce, learn a skill, etc. Literally anything that works for you. I repeat: I´M NOT WONDERING TO BE RICH OR SOMETHING LIKE THAT. I just want to know the online businesses models that works for you, bc it could work for me too and I don´t know where to start. What business model do you recommend to start? I will consider all your recommendations. Thank you! :) [link] [comments]  |
| Who is attending YC Startup School Winter 2020? Posted: 05 Jan 2020 02:07 PM PST Hi guys, did you subscribe to YC Startup School? Would be great to see who is there too - the program starts on Jan 20, we entered with our SaaS as we are about to soft launch with in the next weeks, should enable to be even more focus on hassling. link: https://blog.ycombinator.com/announcing-startup-school-winter-2020/ [link] [comments]  |
| Posted: 05 Jan 2020 01:39 PM PST Let's say you are offered a solution that solves a problem related to your sales. How would you want to be charged? At a fixed price monthly/yearly or percentage per sale/transaction? Those who would say percentage, under what circumstances would you be okay with fixed price charges? I am in debate of my income model, and either have its pros and cons and i could not a way to choose. [link] [comments]  |
| Posted: 05 Jan 2020 02:21 AM PST I pretty much loathe this kind of thing. Every youtube video i watch for entrepreneurs and entrepreneurship, everyone is showing off in events, public speaking. I like to get clients on my own way, give them results and value and keep them and scale. I would like to consult people for marketing, digital marketing, sales..something on these things i want to be successful and gain some credibility. But i am not material for public speaking, events..to many people... to many ways to fuck up.... and i don't want to speak in so many people all the once. 1 on 1 is best thing for me. [link] [comments]  |
| AMAZON FBA Newbie here - Questions on logistics Posted: 05 Jan 2020 01:30 PM PST I'm going to apologize in advance if my questions here are amateur hour. I've spent many hours doing research on Amazon FBA and have found a handful of products that I want to sell (I'm only going to start with one of the 5 to see what happens). My confusion stems from sourcing + shipping. Right now, I'm reaching out to multiple suppliers and plan on having them send me samples. Let's say I found my supplier, what are the correct stages to go through? Here's my understanding of it (correct me if I'm wrong):
Is this correct? someone told me that I should have the supplier send me the batch of products so I can test a few and then I would send it to the supplier (but that doesn't seem right if I plan on paying for an onsite inspector). Also, how much of the product do I order? May be a stupid question but I'm asking because let's say the product sells quickly, then there will be lead time for when the supplier can send out more. I appreciate everyone's feedback here. [link] [comments]  |
| Does anyone hire business coaches other than prospective business coaches? Posted: 05 Jan 2020 01:08 PM PST I've been going down the internet hole of "seven-figure business coaches" claiming to be making millions coaching others for business strategy/entrepreneurial growth. That's well and good, but what I've noticed is that all of the testimonials on their pages are from other business coaches. Sabrina Philipp, for example, was in Forbes for quickly growing her business and is now a leader in this industry. Every single testimonial on her website is from other business coaches. What I'm seeing here is this: People see a highly successful business coach, want to learn how to make a lot of money too, and hire them in order to learn how to become business coaches themselves. Is business coaching just a bubble of coaches making money off of other people wanting a slice of the pie, or are actual entrepreneurs hiring these coaches too? I've been planning my business to help entrepreneurs in a very specific niche, but I'm wondering if going the coaching route is just a waste of time. Edit:links [link] [comments]  |
| Helping other entrepreneurs export their products Posted: 05 Jan 2020 12:59 PM PST First things first yes I will make money for this it is not a completely selfless act, But only when it works for you I just thought I'd put this out there that it is something I've been fairly successful because off and if any other entrepreneurs have a physical product and want to move to sell it it to a wider audience feel free to get in touch even if I can't help I may be able to offer advice. Apologies if this isn't an appropriate post for this page ! [link] [comments]  |
| Where would you guys market and sell luxury pillows. Posted: 05 Jan 2020 12:55 PM PST Hello my fellow redditors, so I have some luxury pillows brand new sealed (around 80 pillows maybe more) that I am trying to sell. They are brand new. I listed them on facebook market place and kijiji but no luck. These pillows on amazon are inn sale for $37. I am selling them for $10 and cheaper if the customer grabs in bulk. Thanks in advance my fellow redditors. [link] [comments]  |
| Can someone really sell something they bought from qvc Through easy pay? Posted: 05 Jan 2020 12:48 PM PST I want to buy something off someone but they haven't finished paying it off on qvc easy pay? Is it still mine if they don't end up paying it off? Or will I have to return it? [link] [comments]  |
| How would you recommend pricing an API? Posted: 05 Jan 2020 12:45 PM PST Hey everyone! I'm getting close to launching a microservice API I've been building over the last month, and the one thing I've been putting off is how to price it. I've come down to two different options based on a few factors I've seen, and was thinking some community opinion might do me good. Option #1 - Tiered Monthly Pricing This seems to be the more common occurrence for microservices. A tiered structure exists where depending on the level you request, you get X amount of credits each month. These don't roll over month-to-month, and usually there's a small free option for people who want to try out the service. Additionally, other things like request size and quality of customer service can increase depending on the tier you select as well. Option #2 - Purchasing Credits I've seen this implemented in services like eztexting.com. There's only one tier of an account, and you start out with X amount of credits as a gift when you sign up. To continue using the API/service, you'll have to purchase packs of credits before you hit zero or you won't be able to access the API. Option #1 might be more difficult to manage, but I feel like it could lead to better monthly revenue from people who don't use up all their credits, but there could be a lot of people using the free accounts because that's all they'll need. Option #2 is straightforward in terms of billing, but might be too different nowadays to help me stand out against my competitors. Thoughts? [link] [comments]  |
| Posted: 05 Jan 2020 12:04 PM PST I want to learn some character skills and i think that this is the easiest way to do it. [link] [comments]  |
| Ideal Customer Acquisition Cost? Posted: 05 Jan 2020 11:50 AM PST I currently run a classifieds type business for students. Its picked up a little traction, over 500 users in 3 months from one city alone. However to grow it I plan on implementing "ambassadors" who comment on social media in order to drive site traffic since this has been the most effective marketing method for us so far. Its currently a free listing service with the option of a premium paid listing. All this being said, whats an ideal C.A.C. businesses aim for? We're obviously not profitable yet, but I need a baseline so I can figure out how to structure pay for these "ambassadors" that makes it worth their time, they will literally just be commenting on social media posts *We have tried traditional marketing efforts and they are ineffective in our industry * [link] [comments]  |
| Thoughts on a potential Real Estate marketing side business. Posted: 05 Jan 2020 11:48 AM PST Hey everyone! I having been floating this idea for the last few months and am looking for some feedback. My Plan: Start a marketing side business to help market commercial properties better through drone footage,high quality photos, and graphic design. Background: I graduated college around a year and a half ago, with a degree in Finance. I currently work as a Commercial Real Estate broker focusing on Office and Industrial sales and acquisitions. Located in a tertiary market population 1-2M. Why: I started my current job with a small firm which is great because you virtually have to learn to do every aspect of the business; I often like to say "I'm VP of Marketing, Leasing, Sales, and Investments". Week one at my job my boss told me to create a video for a office asset the first try took me 3 hours and my boss said "this is shit, try again" well after 8 days I submitted the video. Everyone at the group said my video was great. To create it I used a drone and a cheap video editing software. Since that first video I have created around 15. I really started to notice there is a need in my market when every time I posted a new video for our properties on LinkedIn I would get emails from developers and other brokers in my market saying "great video, who did your work". I've looked around and there are marketing companies that create real estate marketing videos but they often charge $1,000+ after doing all these projects I have been able to pump out a video in around 5-7 hours. I figure I could easily charge $500-$700. Advantages: I think it's important to talk about what advantages I have going into this. My roommate who I have known for 5 years works for a marketing company (they are focused on a different industry) and his company lets him use very expensive cameras, drones, and software for personal use outside of work. I asked him if he would be interested in joining me and he's all for it. My roommate also designs websites, logos, and other graphic designs which we could incorporate into our marketing packages for clients. Another advantage I have is who I know, my group is backed by a large private equity fund and I have made many connections around the city so I would have easy access to potential clients for these services. Potential start up costs: The drone I currently use is around $1,100. On top of that new software would be around $400. Potential Barriers: I heard you might have to register your drone and get some special permit for commercial business use? I'm not sure if this is true but sounds like it could be costly. We would only be looking to take on 1-2 projects a month that we can do on the weekends. At the end of the day we are only seeking to make an extra $1,000 a month to cover some expenses. This could bloom into more than just commercial real estate we would make videos for anyone willing to pay. Thoughts? [link] [comments]  |
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