Marketplace Tuesday! (March 24, 2020) Entrepreneur |
- Marketplace Tuesday! (March 24, 2020)
- Our economic system is deeply flawed
- Day in the life of a Self-Made Software Entrepreneur
- I’ve just been laid off for 3 weeks at work, I have £250 spare. What are the better ways to turn this into more?
- Best home sachet making machine for Vitamin C type products? Where to get small runs of sachets done?
- Starting a business
- Entrepreneurship can be pretty lonely
- My business and the coronavirus!
- What business can we start as teenage entrepreneurs ?
- App starts to get traction as the world closes
- Getting bored of running business
- Let’s say I am “partnered” with another person for an online service business. I find the same business opportunity but do it all on my own...
- What's the most interesting, novel or niche thing that you have hacked together/life hacked, tech or non-tech?
- Don't spread Covidiocy to your audiences PLEASE
- Your Problems working with Virtual Assistants?
- Community driven publication for incubating new blogs
- Solving a problem/need vs choosing a business model
- Ideas to lower your monthly leased office space?
- I want to start an online community platform
- Why is it better to live in Dubai/Monaco than in Thailand/Philippines for tax reasons?
- Video Animation Help
- Instead of blog posts I make little apps. Here is one that will serve everyone of you that does airbnb stuff
- Advice starting a software consulting business
- My funding round was cancelled due to Corona Virus
- Guidance for First Time Startup Employee - Equity and Comp Fiasco!
| Marketplace Tuesday! (March 24, 2020) Posted: 24 Mar 2020 06:09 AM PDT Please use this thread to post any Jobs that you're looking to fill (including interns), or services you're looking to render to other members. We do this to not overflow the subreddit with personal offerings (such logo design, SEO, etc) so please try to limit the offerings to this weekly thread. 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]  |
| Our economic system is deeply flawed Posted: 24 Mar 2020 10:02 AM PDT This current crisis highlights for me what I've had a growing sense of for the past decade - our modern economic system is deeply flawed. Gone are the days where a corporation not having year over year revenue growth could be tolerated, so that they get a footing in the market and grow. Instead, everyone has to be year-over-year, quarter-over-quarter growing. Everyone has to spend like crazy, from end consumers all the way up to corporations, for the economy to stay afloat. To feed that, everyone has to take on debt, debt, debt. Yesterday on this sub, I saw several landlords complaining about tenants not being able to pay April rent due to losing their jobs. Their rationale? "You idiots don't know that 90% of what I make from you goes to banks to pay MY APARTMENT BUILDING MORTGAGE!!" Yes, the tenants should have had some emergency money set aside. But some may be earning minimum wage, and believe they are unable to (though I think this number is actually smaller than people themselves may think, because people spend money on all kinds of needless things in the midst of financial difficulty). Regardless, the landlords THEMSELVES should ALSO have emergency funds, to cover vacancy, tenants being unable to pay, vagaries of chance and fortune like our current time. They should NOT over-extend themselves in debt so that they can't weather even one tenant not being able to pay one month rent due to job loss. Yet our financial system encourages this. It's like we never learned lessons from 1987, 2001, 2008. Some of you might not like Dave Ramsey, but thanks to him, who I started listening to 2 years ago, my wife and I will make it through this crisis. We have 6+ months' of emergency fund; we bought way less house than our FICO said we could "afford"; we turned down the chance to buy a retail store, even though I've been itching to start a business, because it would have meant being in debt $300k and that just did not sit right with us; I sold my expensive car and bought a $1000 beater to keep attacking our debt. I cannot imagine how much more worried and anxious I'd be if we had a car note, a bigger mortgage payment, and a retail store with 1/3 of a million dollars in debt right now. Yet - plenty of people believe that this is how they need to make money, start a business, live life - and our financial system encourages it. On top of that, it seems like just a self-referential cf. People read the news and panic, and the market starts to drop. The Fed says some off-color things and people panic and sell off more. It seems like a lot of ado about hints and perceptions, and becomes a self-fulfilling prophecy, based on appearances affecting market numbers and vice versa. Yes, I know this is a real crisis. Yes, I know there is revenue being lost. But the stock-dumping and reactionism also also seems part of the problem, that exacerbates, not helps, the crisis. All that said - I don't have a finance degree. My only businesses are side businesses, that bring in about 10% of my total income. I'm not a big business owner. But these are my real perceptions and observations about this situation. Am I off? Or do I have the right handle on how these things play out and interact? [link] [comments]  |
| Day in the life of a Self-Made Software Entrepreneur Posted: 24 Mar 2020 05:21 AM PDT I find it cool sharing day in the life's from different entrepreneurs, here is mine below and I also made a video on it : https://youtu.be/z-zs5iyWFQQ I run 2 businesses, an AI stock trading bot and an online marketplace for day traders.
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| Posted: 24 Mar 2020 12:50 AM PDT |
| Posted: 24 Mar 2020 03:52 PM PDT I want to sell sachets of either Liposomal Vit C or Vit C powder. Like Emergen-C, but without any additives or filler. I've seen some home sachet machines, but it's hard to know which one is best. Ideally I want one that is only a few hundred dollars. Printing labels would be good too. If anyone knows where I could start looking, that would be interesting. Cheers. [link] [comments]  |
| Posted: 24 Mar 2020 03:51 PM PDT Hello, I want to start a business. I am an artist; I write and film. I am going to create some writing programs/modules and I offer directing/filming and editing services as well. I am thinking that perhaps I want to incorporate and have separate different businesses for different services. I am just getting started now and looking for any information, so anything will be helpful. Thank you! [link] [comments]  |
| Entrepreneurship can be pretty lonely Posted: 24 Mar 2020 12:04 PM PDT If you've ever felt lonely, depressed, anxious, etc as an entrepreneur, then join me! I work on a VR startup and I've experienced many of the highs, lows, self-doubt, anxiety, and more that goes along with being an entrepreneur and recently learned that mental health issues are much more common for us than the general population. I'm going to create a support group for entrepreneurs in a new VR app called Grove VR, but there aren't other entrepreneurs in there. So I wanted to post and see if anyone wanted to join me. I'll probably just hold the meeting once a week on a weeknight. I figure we can talk about any mental health struggles as well as just hang out and bounce ideas off each other. [link] [comments]  |
| My business and the coronavirus! Posted: 24 Mar 2020 03:11 PM PDT |
| What business can we start as teenage entrepreneurs ? Posted: 24 Mar 2020 01:15 AM PDT We are 3 tennage friends in different countries (we will work individually or online) and we would like some advice or recommendations on what online or irl businesses we can do.Money isnt our priority and we are doing it mainly for experience and to learn to manage our own money. [link] [comments]  |
| App starts to get traction as the world closes Posted: 24 Mar 2020 10:16 AM PDT I created an app, beta tested, launched and after 6 months I was starting to get some consistent traction (15 downloads a day in a local market) The app: (elevator pitch) Have you ever been in the situation where your friends don't have the time, interest, or skill to do what you want? Use LiveMovePlay to find others that share your passions. Now the world has shut down and social distancing. The app is basically dead in the water at the moment. Still promoting through channels but growth and potential investors are all gone. Small complaint given the state of the world, however, if there is a group that may understand... [link] [comments]  |
| Getting bored of running business Posted: 24 Mar 2020 01:52 PM PDT Hi there, I am currently running an e-commerce business which is ramen-profitable but is getting boring to me (been running it for about 2 years now). I no longer really have interest in the product/future projects, but it has potential and I obviously need it for sustenance. Any advice on how you've made your daily grind (bookkeeping, repetitive manual labour, emails, etc.) a bit more interesting? And please don't say "just work through it". Obviously if I could do that I wouldn't be posting asking for help. Thank you. [link] [comments]  |
| Posted: 24 Mar 2020 01:10 PM PDT When we started, all he did was build the site and content. I found the business opportunity. I pay him a percentage of revenue off this current business. I found another business opportunity but I can do all this on my own (website and my own original content). We never signed an agreement or anything. I 1099 him each year for services. Am I good to do this all on my own? Edit: We are not partners. Should not have put that in the title. [link] [comments]  |
| Posted: 24 Mar 2020 12:56 PM PDT Hi All As per the title, it would be great to hear from people on things they have hacked together in their life. Can be something tech/web/mobile related or something non-tech. Excited to hear of stories of hacks which have saved you either time or money or perhaps have just provided you with a more preferable user experience. Interested to hear all hacks, large and small, complex or simple, novel or niche would be interesting but more mundane everyday things would be cool too! [link] [comments]  |
| Don't spread Covidiocy to your audiences PLEASE Posted: 24 Mar 2020 12:34 PM PDT This is just the best I can do to reach out to people who have audiences. I am imploring you that if you do not think Covid19 is a big deal, you keep it to your self. I just listened to a new podcast that was suggested to me long ago - Story Brand. (edited to clarify) They were going on about love and Jesus and God one second (which was unexpected for a business podcast), and then I was honest to god horrified to hear them advocating to ignore Covid19 and people's health and safety the next minute. They told their audience that Corona was a bit scary but /mostly massive lies/. They told their audience the 2% kill rate wasn't a concern. They ENCOURAGED their audience to buy their $1000 live-stream and then HAVE THEIR FRIENDS COME OVER to watch it together. Please, even if you disagree with me, even if you disagree with all of the statistics, and all of the news, and all of the people in Italy begging you to take this seriously - don't give out anti-safety advice to your followers. Keep it to yourself. Ask yourself: is a Covid19 slam worth it if one day down the road a loyal follower says they listened to you, and they ended up with the virus? That they have a hospital bill they can't pay? That they infected someone who died? If you have trust, think carefully about what you say. That is all. [link] [comments]  |
| Your Problems working with Virtual Assistants? Posted: 24 Mar 2020 12:33 PM PDT I am putting together a webinar to help people who are struggling with trying to work with Virtual Assistants. So I thought I would ask this group what their struggles were when trying to assign tasks to their virtual assistants? What frustrates you? [link] [comments]  |
| Community driven publication for incubating new blogs Posted: 24 Mar 2020 12:31 PM PDT I've been thinking about a project to work on while sheltering in-place. I kept coming back to blogging, which I think might be a common flow of mind. Problem: One of the biggest pain points with blogging right now is getting views and links. It's difficult to build brand equity when no one sees or links to your content. Sites like Medium exist to give individuals infrastructure and the hope of distribution via curation. Though, I believe the cost is brand, domain authority, uniqueness, and flair. Also, there are private blog networks, but apparently Google hates them and they feel scammy. Proposed Solution: Build an Apache style community for curating blog content into a publication. The community hierarchy would look something like this:
This would give new bloggers a platform for getting started (that isn't medium), existing bloggers a community to thrive in, grow viewership, and develop sensible curation by the people who author the content. I'd love some feedback on the idea... what do you guys think? [link] [comments]  |
| Solving a problem/need vs choosing a business model Posted: 24 Mar 2020 12:21 PM PDT I'm trying to work out what's the best way to success in business, is it to sell a product or service that solves a problem? This is the main thing I hear alot of people say but then you have people who get into dropshipping or print on demand or they do Amazon FBA, I'm currently trying to do dropshipping selling custom jewelry but I know i am just doing the same as what many others are doing but I also know there are people who make a success of it. If you are in business selling stuff like jewellery, clothes or something that already has a big market is it harder to make a successful business compared to if you base your business on trying to solve a problem or need? [link] [comments]  |
| Ideas to lower your monthly leased office space? Posted: 24 Mar 2020 12:20 PM PDT I am looking at leasing some office space. $900 for 900 sqft. I really would like to get it down to $700-$800. So far I thought of setting up a USPS or FedEx drop off location. I also would have room for one extra desk that maybe a relator could rent from us. Any other other ideas? [link] [comments]  |
| I want to start an online community platform Posted: 24 Mar 2020 11:56 AM PDT But the problem is that i don't really have a good knowledge in the back-end developing and so on i need to pay a developer for doing that and when i explain to him everything about the project i get worried if he "steal" the idea from me and starts it by himself. What are the right things to do to pass this and to be safe working with him ? What is the best way to get started when i finalise the project if the plan works, how to get audience or how to advertise it to get first consumers ? And the most important thing, do i need to get investors for funding if the project needs it and how to do that ? Thanks in advance. [link] [comments]  |
| Why is it better to live in Dubai/Monaco than in Thailand/Philippines for tax reasons? Posted: 24 Mar 2020 11:46 AM PDT
Doesn't that mean that almost always for tech entrepreneurs, real estate entrepreneurs or even sports superstars, both countries almost wouldn't charge you any taxes on your personal income? [link] [comments]  |
| Posted: 24 Mar 2020 11:37 AM PDT Hi, I'm trying to start a business that requires animated explainer videos (1-3 mins) to be made. Does anyone know some inexpensive (no more than $2000) service that would be able to do this? [link] [comments]  |
| Posted: 24 Mar 2020 07:30 AM PDT Hello Reddit! How are you? I'm trying a new form of marketing my software services. One in which instead of writing blog posts, I make little apps that take the same amount of time that a blog post would. I don't know if it's a good approach, but I like it much better! Right now I made an Airbnb listing scraper. It gets you the photos in maximum quality, and converts them from .webp to .jpg. Also it gives you a .csv with all the listing information you may need, neatly ordered! It's completely free, so feel free to use it: Please tell me what you think! [link] [comments]  |
| Advice starting a software consulting business Posted: 24 Mar 2020 11:14 AM PDT Over the last 3 years in the field, I've worked on 15+ projects and have a broad spectrum of expertise including IoT, fintech, and restaurant tech on the industry side, and tech-stack wise, mobile, web, backend, and embedded. I'm doing contract work right now @ $100/hr for some basic mobile development, but I know that I can lead a team. I can build a kick-ass company if I could find clients and pick the right niche where people actually want their software outsourced. Does anyone have experience starting a successful software consulting firm? I'm looking for people who have started successful (1M+ gross) firms to get advice, but when I look for local firms, most of what I find is old outdated websites from 1996 that do "IT" and infrastructure. I want to start a company like levvel.io: high value, local U.S., software consulting. I'd love to get advice from someone who has started a business like this or knows of similar businesses that I can reach out to. [link] [comments]  |
| My funding round was cancelled due to Corona Virus Posted: 24 Mar 2020 09:54 AM PDT I run a startup providing intermediary loan (vectoring) to a select small businesses in the logistics industry in Indonesia. I've been working from November on a funding round as we require more capital to grow our operations. I just heard today from my lead investor that she is pulling out of the deal due to Corona Virus. She said concerns over liquidity and wanted to hold cash. Now the startup went from growing to fears we are not liquid enough to pay our short term liabilities. It is absolutely scary and this coronavirus is not helping either. If any of you have any inputs on what to do or best practices to manage this crisis would love to hear them. Thanks and stay safe all [link] [comments]  |
| Guidance for First Time Startup Employee - Equity and Comp Fiasco! Posted: 24 Mar 2020 09:44 AM PDT Please don't bash me - I already feel like an idiot for landing in this situation. I got bought into the company's vision, the product, and the CEO. You can't say anything worse to me than what I am already saying to myself but I really need help and guidance badly. Read on and be amazed by my absolute foolishness - and be glad you are not an idiot like me. And if you have any guidance - from telling me a lawyer that can help with this international mess. Here's my scenario.
If you have suffered through reading all of this, my question is,
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