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    Friday, May 8, 2020

    Accomplishments and Lesson Learned Friday! - (May 08, 2020) Entrepreneur

    Accomplishments and Lesson Learned Friday! - (May 08, 2020) Entrepreneur


    Accomplishments and Lesson Learned Friday! - (May 08, 2020)

    Posted: 08 May 2020 06:12 AM PDT

    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.

    submitted by /u/AutoModerator
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    I have released my 2000+ instrumental pieces free under creative commons 3.0 by (Free to use in your videos, podcasts, movies, games or what ever. Just credit me Antti Luode) (If you can not, that is fine too.)

    Posted: 07 May 2020 08:09 PM PDT

    As used in games such as Headliner Novinews.

    As used by Youtubers such as Kyle Le with 56+ million views and 218k+ subs

    My Instrumental site (Soundclick):

    https://www.soundclick.com/bands3/default.cfm?bandID=1277008&content=songs

    My IMDb (only one credit so far. Others maybe coming):

    https://www.imdb.com/name/nm10882843/

    2059 Instrumental pieces on Google drive Zipped. (non categorized):

    https://drive.google.com/drive/folders/18_CBtXX8tJTkIbJ2WsjoZHXNy819UHal?usp=sharing

    Link to 1790 CATEGORIZED instrumental pieces in a single zip file:

    https://drive.google.com/open?id=1yCZtjPSKW3ifngIP6zzbc9spXspjatIf

    My blog where I release the songs and FLstudio project files for them:

    http://anttismusic.blogspot.fi

    Youtube channel for my instrumental pieces:

    https://www.youtube.com/channel/UCVOwcdYEBQFiyGyvWF5VkwQ

    All instrumental pieces on Google drive:

    https://drive.google.com/drive/folders/0B1t5awWiDLZhMXBmT0M5Mm1nRG8

    Torrent with 1369 instrumentals:

    https://drive.google.com/file/d/0B1t5awWiDLZhc0hKcjJYVEsySE0/view?usp=sharing

    Pass it around!

    You need a bittorrent client to download the instrumentals in the torrent:

    https://www.qbittorrent.org/

    submitted by /u/Mrloop
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    I've made $7,000 teaching online. Here's what worked.

    Posted: 08 May 2020 08:48 AM PDT

    Six months ago, I had an idea for an online course. Today, I've made over $7,000 teaching online.

    Here's what worked.

    Writing Online

    I've been writing online since 2014. I would condense and simplify pieces of information I learned into helpful articles. At the time, I wrote for myself––I needed to keep my skills sharp.

    I repurposed the knowledge I was paid to learn at work into content for others. After five years of writing online, I hadn't made a single dollar. All of the content I produced was free. I saw other creators making millions teaching online. Why couldn't I do the same?

    I realized I hadn't been giving away my content for free. I was building an audience and establishing credibility.

    Credibility

    Writing online is difficult. Clearly explaining technical content is twice as hard. You have to understand the subject deep enough that you can explain it at an entry-level. Many fail at this.

    Over the past six years, I created my niche with front-end web development. I started a small newsletter where I'd share my latest writing with my audience. I'd distribute my content to social media. Occasionally, a post would go viral on Reddit or Hacker News.

    Slowly, I became credible in my niche. My tutorials and blog posts helped others learn. I established myself as an "expert". I say expert, but you can do this.

    Most people spend the majority of their time online consuming instead of creating. Be a creator. I focused on writing about topics I found interesting. Along the way, I built an audience.

    Building an Audience through Learning

    When I learned something new, I would share it––with my newsletter, on Twitter, everywhere. I gave value to my audience. The content I created for myself was now a reference for others.

    Over time, this grew into a hub of inbound traffic to my website. Today, over 80% of my traffic comes from organic Google Searches. Without an audience, you cannot sell a product. Be helpful on the internet and you will create an audience.

    At the beginning of 2019, I became obsessed with a specific technology called Next.js. It allowed me to create websites faster. I rebuilt my website using it and documented the process along the way. I continued to write about Next.js that year. In September, I realized I'd found my niche.

    Finding Your Market

    It's impossible to measure your success if you can't track it. Whatever your metric is (post views, number of likes), you need a baseline to improve.

    I use Google Analytics and Search Console to monitor the performance of my site. I'm able to see which articles perform best and how people find my site. To my surprise, almost all of my highest ranked articles were about Next.js. I'd found my market.

    Creating demand is hard. Filling demand is much easier. Don't create a product, then seek someone to sell it to. Find a market—define your customers—then find or develop a product for them.

    Creating a Course

    The idea of creating an online course seemed daunting. It would take six months, at least. Based on my analytics, people were interested––but would they buy it?

    After researching teaching online and marketing, I had a eureka moment. To figure out if people would buy the course, I would launch it. Now. Why should I treat this course any different than a software product? With software, you can start small and rapidly iterate over time. I applied the same methodology to the course.

    First, I defined the content. I created an outline for the course I wish I had when starting to learn Next.js. Working backward, I made a list of 15-20 main concepts to cover. Then, I created a website to market the course and allow people to pre-order. The main benefit of your course should be explainable in one sentence or phrase. How is it different, and why should I buy it?

    On November 3rd, I launched the course.

    I placed a small bet––only 15-20% of the content was finished. If this launch failed and no one bought the course, I'd cut my losses and walk away. Instead of wasting the next six months, I wanted validation now people would pay for this.

    I intentionally priced the course high at $199, with a launch price of $99. With ten pre-orders, I'd have $1,000 of revenue. No cards were charged––I wasn't stealing their money. I was validating my idea and confirming I had a market. With no idea how long it would take to create the course, I set a launch date of April 2020.

    Two days after the launch, I had my first sale. It was breathtaking. Someone on the internet spent $100 on a digital asset I created. I couldn't believe it.

    The next day, another sale. And another the day after. In the first week, I made seven sales for $700 in profit. I was motivated to continue working.

    Should I Use A Platform?

    You'll need to make two platform choices: how to accept payments and where to host content. For payments, I'd recommend Gumroad, Paddle, or Stripe. Depending on your volume of sales, there are different processing fees. This article goes more in-depth about how fees compare across platforms.

    The second decision is where to host your content. For e-books or a small number of videos, I'd recommend Gumroad. If you have a large video course, YouTube (with private videos) worked well for me. Another option is a fully-managed online course platform like Teachable.

    Marketing & Advertising

    Writing online was effective at growing my site, so I took the same approach for the course. I wrote three articles to attract inbound traffic from social media and search engines. I released a 26-minute introduction video on YouTube. Not only did this promote the course, but it further established my credibility. The video has over 2,500 views, almost all from organic searches.

    Providing value by giving is the fastest way to grow. If your audience has learned from you, they'll want more. Only after you've provided value can you sell a product. To give back, I ran a Twitter giveaway for the course. Initially, I planned for five winners. The response was so overwhelming that I ended up giving away ten instead.

    I spent $0 and reached 7,331 potential customers. Here's the full statistics on that tweet.

    • Impressions: 7,331
    • Engagements: 488
    • Detail expands: 119
    • Profile clicks: 101
    • Link clicks: 72

    I realized it was time to spend money on advertising.

    Advertising

    My first attempt at advertising was through Google Ads. Again, I started with a small bet of $5/day. The initial results were promising.

    • Impressions: 5,255
    • Clicks: 24
    • Ad Spend: $26.75
    • Sales: 2 x ($99)
    • Profit: $171.25

    Comparing impressions against Twitter shows how valuable of an asset it can be. I continued advertising with Google, increasing the daily spend to $20/day for another week. Here are the final numbers.

    • Impressions: 53,357
    • Clicks: 189
    • Ad Spend: $208.91
    • Sales: 6 x ($99)
    • Profit: $385

    I also tried Reddit. I iterated over a few ads with this approach.

    1. Use A/B tests to try different ads
    2. Take the ad with a higher click-through rate
    3. Rinse and repeat

    I'd optimize each ad by targeting specific subreddits. For example, /r/reactjs had twice the click-through rate for the same cost-per-click.

    Even though I was new to advertising, it played a critical role in growing the course. Now, I needed to launch.

    Launch Day

    For months, I worked closely with early customers to get feedback on the course. Feeling confident, I soft-launched with 95% of the content finished.

    After a week with no issues, it was time for the real launch. I posted to Product Hunt, Reddit, Indie Hackers, and everywhere else I could. By the time I had launched, I had $2,000 in pre-orders.

    Ten days later, I broke $3,000.

    When I started the course, my original goal was $5,000 in total. I thought that seemed aggressive. In retrospect, I aimed too low. Never underestimate the power of teaching online.

    Since launching in February 2020, I've surpassed $7,000 in revenue. I'm averaging ~$1,500/month, putting me on track to make $18,000 this year.

    You Should Teach Online

    There's never been a better time to become a creator. Blog posts, YouTube videos, courses, podcasts, streaming––if you have something others find value in, share it. Publish that article. Make that video.

    Stop waiting for a once in a lifetime idea and start teaching others online today. The opportunity outweighs your fears. Even if your audience is small, teaching others will improve your understanding of the subject.

    My story isn't unique. Here are some other creators that inspired me.

    Never underestimate the power of teaching online. I hope this helps and I'm happy to answer any questions for others wanting to teach online.

    submitted by /u/lrobinson2011
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    How I made $2K in 24 hours on the launch day

    Posted: 08 May 2020 05:22 AM PDT

    Last Saturday, I officially launched my new product: Reader Mode Premium on Product Hunt.

    After the launch, this is the result that I got:

    • 1st on @ProductHunt

    • $2,023 revenue**

    • 10 monthly, 4 yearly, 15 lifetime, 4 pro

    And here's my tips:

    • Launch on Saturday. There's no big company launching on Saturday. And there's less competition from indie hackers because of them launch on Sunday.

    • Make great slides and include them on the first comment. This is a great way to catch people's attention

    • Great landing page with validations (reviews, who use the product etc.)

    • Great promo video

    • Offer special discount that valid only on that launch day. This will urge people to take immediate action

    Of course these tips applied on top of the usual tips on how to launch on Product Hunt. There's a lot of them, you just have to google it.

    submitted by /u/ryzalyusoff
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    6 years ago I was doodling in my notes...this year I've made $1000 selling stickers on Etsy

    Posted: 08 May 2020 02:24 PM PDT

    I never imagined that anyone would actually want to buy my art!

    I have always been a creative person, but I never took art classes or formally studied art. Though I have spent years learning techniques, watching videos, and reading books, I never really considered myself a "real" artist because I never formally took classes or studied art.

    Imposter syndrome is real.

    I attempted to create blogs, websites, and my first Etsy shop to showcase my art, but these attempts were not successful. At the time, I had no idea how to market myself. Instead, I just internalized it and felt that my art wasn't good enough.

    How could I possibly sell my work when there are thousands of others out there with more impressive techniques and more experience?

    Many years later, I invested more in my art and in myself. I decided to try Etsy again. This time, I spent a significant amount of time researching strategies.

    I decided to sell stickers, even though it is still a competitive market. I read and read and READ countless strategies and recommendations for getting sales on Etsy…and it worked!

    The sketches I doodled in my notebook in college while lamenting over the fact that my art was "mediocre at best" ended up becoming best sellers. I haven't necessarily reached a huge milestone, but my shop has grown a lot, and I'm proud of it!

    For anyone interested, here are a few tips that have helped me:

    Photos are EVERYTHING

    People are visual creatures. When they shop online, they are giving up their ability to physically hold something. They can't visualize the product's size and dimensions in the same way. It's your job to convince them of your product's quality! Product photography should do more than just convey dimensions, but should sell a lifestyle.

    On reddit, I posted a photo of my rainbow "f-- off" stickers with a funny caption, and my sales skyrocketed. Your photos and accompanying text should be carefully crafted.

    You should invest in photography if you want to grow your business. I recommend buying or creating a light box and getting some decent light sources. These items don't need to be expensive. But it truly makes a difference.

    Establish credibility

    People don't buy from just anyone. It doesn't matter if the product costs $1.

    People are more inclined to buy from shops that they trust. And successful shops look like they are run by professionals. You should seek to make your business look as professional and credible as possible.

    You should have policies clearly outlined, an About section that shows the audience your expertise in your niche, regular announcements and product updates, and informative product descriptions.

    Be consistent with your online presence. Shops that don't post new products regularly or engage with customers regularly don't do as well as the shops that do.

    Search engine optimization (SEO) is highly important

    Basically, the only way your products will be seen is if your products are displayed when people type in specific keywords. Even then, products are ranked on a page. If your tags are keywords that people rarely ever search for, your products are not going to be seen by anyone.

    You want to do some research on keywords to determine which keywords people are actually using to search for something. Tools like eRank and Marmalead are great for this.

    Some keywords are highly competitive and have a ton of people searching for them. It can be difficult to get your products seen with highly competitive keywords like this because so many other shops are using the same keywords (a lot of competition).

    It is a good strategy to use some medium-engagement keywords. These are keywords that have a good volume of searches, but there is not as much competition with other sellers.

    A combination of medium-engagement and more competitive keywords can make a difference. Even if you are using paid advertising, having good SEO will make your advertisements reach more people.

    Give something back

    I'm not necessarily advocating for people to undervalue their work or give everything away for free. However, showing some generosity and helping others goes a long way.

    People are more likely to engage with your business if they feel valued by it. I have regularly hosted free sticker giveaways on my Instagram, and this tactic has brought in new customers and new followers.

    I also post on r/Etsy and other subreddits often, and I have offered shop critiques/specific advice to other sellers. Just having an online presence can do wonders in establishing credibility and trust.

    Anyway, I hope this has helped somebody out there!

    submitted by /u/angry_postit
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    Making 5-Figure Revenue from Showcasing Landing Pages

    Posted: 08 May 2020 12:01 AM PDT

    Hi! I'm Gabriel and I'm an entrepreneur just like you. I struggled to find high quality advice that I could apply myself on the Internet. To help other entrepreneurs avoid the same problem, I spent hours interviewing successful entrepreneurs. I then distilled the key insights into key takeaways and actionable advice, so anyone can quickly grab some value from these.

    In this post, I interviewed Danny Postma, who runs LandingFolio.com and many other side projects. They all complement his main product and add to his revenue streams. I also interview Tom Cafferkey who runs a remote jobs board for developers.

    Key Takeaways for Entrepreneurs

    • Start your own project that you can own and be proud of to show to people
    • Great products solve a problem
    • Add paid products early on
    • Be consistent and keep growing your traffic
    • Use site traffic analytics to figure out affiliate income opportunities
    • Grow recurring revenue as early as possible
    • Create content that compels people to share them
    • "The best time to start is last year"
    • Be consistent and keep growing your business

    Try these yourself!

    • Go into Google Analytics and see what links your visitors are clicking on
    • Look into whether these sites have affiliate programs. Apply for them.
    • Replace all your links with affiliate links
    • Start on a MVP now – decide on the bare minimum features and launch it.
    • Ask your users what paid products they would pay for. Make those products and sell them

    Making 5-Figure Revenue from Showcasing Landing Pages

    Today we have Danny Postma from Landingfolio.com with us. He built Landingfolio as a side project and turned it into a good income stream for himself. He has very creative ideas about how to make money online as an online entrepreneur. And he has the results to prove it works. Let's hear it from him.

    Why did you make it?

    In 2015 I decided it was time to start my own side project. Working for clients is fun, but you are always working on something that is not yours.

    I wanted my own product. Something I could be proud of and show to people. Great products are the ones that solve a problem. As a marketer and landing page designer, I had one big problem. There are no galleries for the best landing pages. And that's how Landingfolio was born.

    In one weekend I hacked the site together with only HTML. Added a bunch of design examples and launched it on ProductHunt. This launch completely blew up, receiving 12,000 visitors to the site.

    My mistake was that I didn't add any paid products to the site, so traffic eventually slowed down. I honestly didn't do much anymore with the site after that..

    What did you make your first profit on?

    Well, 2 years after launching the site, I decided to take a quick look in Google Analytics. I then found out over 200 users a day visited my site. I was completely shocked by it, so I decided to figure out what happened.

    I found out that the site ranked #1 for a lot of search queries containing "landing page". One of the most visited pages of the site was a blog post reviewing three landing page tools. They were Instapage, Leadpages and Unbounce.

    After noticing that I decided to join Instapage affiliate program and add some of their links to the blog post. These affiliate programs offer you a whopping 33% lifetime revenue. Meaning that for every user I send to them, I would get $30 every month!

    If you don't mind sharing, how much did you make?

    After a few months of having this program online, I earned $1000 a month. Now, I was backpacking for a year, so Instapage in a way, paid for my trip around the world. Not bad for one weekend of work.

    Unfortunately, revenue has decreased a lot since last year. Instapage decided to change their complete business model. And sales declined to almost $0.

    How did you decide on the business model?

    I've decided to stop relying on affiliate marketing. It's an amazing easy way to start generating revenue when you get traffic. But, you're 100% dependent on another company. In recent days with Amazon cutting their affiliate payouts, that is not something to rely on.

    Over the last year or two, I've transitioned to selling my own products on Landingfolio. I wrote a book ($7000 revenue and growing) and created templates and UI Kits.

    Last month I launched the new version of Landingfolio. This was when I started focusing on recurring revenue. To do so, I offer more content, extensive functions and free product downloads to paid users.

    Recurring revenue is one of the best business models you can rely on. You know exactly what your revenue is going to be next month. The best part is that it's compounding. Every month new members sign up, and if you're doing well, most won't leave. This means that your revenue grows every month.

    Where is the product now?

    In September 2019 I decided it was time to take Landingfolio to the next level. No longer only for inspiration, but something bigger. For four days a week, including the weekends and evenings, I started learning how to program.

    I decided to create Landingfolio using Nuxt. A framework for Vue.js. I expected a way bigger learning curve, but Vue is an amazing library to learn. Especially when you don't have that much background with programming.

    Six months and over 500 hours later the site was finally finished. I've had to push a LOT of features to the "later" section.

    A lot of indie hackers have a fear of launching their products. I was not planning on letting this happen. So I first decided what the minimal viable product would be for Landingfolio. Way before coding anything.

    Currently Landingfolio gets around 1000 visitors per day. Revenue is increasing since the introduction of the membership model. On average, I get a new member every day paying $9 a month. The current MRR is $270 since the launch on the 2nd of April 2020.

    Looking back, what would you do differently?

    I would have added more templates I made and built a bigger email list. When I first started, there wasn't a lot of competition but now there is.

    "The best time to start is last year"– Seth Godin

    What are you working on now?

    I'm still working hard on finding the perfect product market fit. I'm in a difficult market. Designers come for inspiration and aren't that much in a buyer's mood. They're busy working on their designs and don't want distraction. So, for the next few months I'll keep on launching new products and see which ones stick.

    How Landingfolio got profitable in 8 Steps.

    1. Start a website where you give away free content. People are more compelled to share those.
    2. Start showing your products to other people. Launch on Producthunt, Reddit, Twitter. Anywhere. This gives you a lot of backlinks, and Google looooves backlinks.
    3. Don't expect traction immediately. It took me 1.5 years to rise in Google. But now it sends me 700 visitors a day. (1.5 years is long, but remember I built it in a weekend)
    4. Collect visitors email addresses with a newsletter. Or by giving them something for free as a lead magnet
    5. Learn from your visitors and figure out what their actual problem is.
    6. Create a product that solves their problem in Step 5. My audience struggled with coming up with good headlines. So, I wrote Headline Formulas.
    7. Promote the product to your newsletter and on your site.
    8. Profit!

    Interview with Tom Cafferkey

    We have Tom from EmployRemotely.com. His product helps developers to find remote jobs anywhere. We have his flash pitch here. And we hope successful entrepreneurs will read and reach out to provide their advice for Tom.

    ✋ **Profitable entrepreneurs, got advice for Tom? Reply with your advice.**It'll go in the next reddit post and newsletter – help a fellow entrepreneur out, get visibility.

    What are you making?

    I'm making a 100% remote working jobs board and newsletter. They target developers only.

    Why are you making it?

    Job boards often cater to a vast array of professions. That makes it difficult for a software developer like myself. The sheer amount of professions make it hard to filter out relevant job openings. I found that it took unnecessary effort to discover jobs which used technologies I knew. Or jobs ones with technologies I am interested in learning, or had past experience in using.

    What are you trying now to get to profitability?

    We're currently trying to increase our newsletter subscriber count. Making amends to the website to drive the amount of subscribers up where we can get sponsors. As well as this we are working on a Stripe integration to begin charging for job postings.

    How are the results so far?

    We have currently not started monetizing the service so we are not making any revenue. We plan to do so soon. We currently have over 210 subscribers and 20,000 page views in the last month.

    What's your biggest challenge right now that you need advice for?

    Our biggest challenge so far is marketing. As a developer, I don't have much experience in marketing a product and this is a huge learning curve for me.

    We have tried various paid ad channels. The best results come from manual outreach to individuals on Twitter. But finding time and content to put out on social accounts is difficult to do.

    Like what you read?

    Thank you so much for reading this! I hope it helps other entrepreneurs who are starting out, or struggling to make more revenue.

    For the wantrepreneurs, "the best time was last year". So start today with an MVP!

    For entrepreneurs already making money, consider finding other income streams. You'll never know until you try. Look beneath your Google Analytics data. You might find some interesting opportunities.

    If you've tried something similar to these before, I'd like to hear your stories in the comments. It'll be helpful for all of us entrepreneurs to know what works and what doesn't. 🙏

    More interviews at my newsletter. If this interview was valuable for you, let me know! Also, how can I further improve? Could the advice be any more actionable? How so? I'd love to hear your ideas!

    submitted by /u/gabrielsohappy
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    I’d like to charge a lot more for my services/product but I’m unsure I’ll be able to sell it. Any advice?

    Posted: 08 May 2020 01:06 PM PDT

    Thanks for taking the time to look at my post!

    I run a small web design business in Australia that I've been building for about 6 months now. Making a recurring revenue stream is very important to me and unlike most design agencies, I don't charge any upfront fee to create websites for small businesses. Instead, I get people to pay for one of my $29 - $79 AUD/month hosting & maintenance plans. This is a good 10 - 20 hours work at least but I do it for the recurring revenue.

    I've been told repeatedly by people on this sub and others that I'm undercharging, and I agree with that. I thought it was a much better deal on my part when I first started but it's a lot of work. A few of my clients also take up a lot of my time with constant phone calls, updates and questions.

    I'd really like to raise my prices to be more like $100 - $300 AUD/month. Problem is, i already have a lot of businesses that I reach out too, turn me down saying I charge too much at a third of that price. I try telling them that my mid-tier, most popular plan is about the same price as Shopify, plus I include paid plugins/themes where needed and they're getting good value but that means nothing too them.

    Am I just going after the wrong businesses? I realise now that advertising 'free websites' is going to suck in the people who don't want to spend any money full stop.

    I've also read that businesses that pay higher prices won't take up as much time with questions and constant support requests.

    What do you think about raising the prices? Do you think it's a good idea or will no businesses pay that much? Should I maybe raise them but only a little?

    Any advice would be really appreciated, thank you!

    submitted by /u/The_Lunchtime_Club
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    Sales is my skill. I want to sell web services (copywriting, design, development) and take a cut of the project. What should I look for in the non-sales team members?

    Posted: 08 May 2020 02:42 PM PDT

    Hi,

    I appreciate any advice if you've had experience partnering with people who provide digital services. In essence, I guess I want to start an agency. I can cold call. I can sell.

    But what are some "musts" when bringing partners on board? What are red flags?

    But what is a fair amount typically to split the money?

    50/50?

    I know there's not "one" answer...but I'm fishing for advice from those who have some direct experience in hopes of avoiding preventable mistakes.

    submitted by /u/open_spirit
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    A direct food, beverage and produce sourcing platform for hospitality and retail businesses

    Posted: 08 May 2020 01:27 PM PDT

    Hey guys, I'm thinking of building a platform around enabling hospitality and retail businesses to quickly and easily purchase food and beverages from a broad range of local, national and international producers and manufacturers, directly.

    What do you find is the biggest problem with sourcing directly?

    As a platform, what functionalities would you want to see?

    submitted by /u/A45isnoA180
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    How hard is it legally and practically to live in your startup workplace to save a bunch on apartment rent and to free up precious cash for operations?

    Posted: 08 May 2020 01:08 PM PDT

    I've always wondered how many people do this and what are the practical difficulties of avoiding detection by the nanny state in the United States, Germany, Australia, and certain other countries with overbearing social bureaucracies. Obviously, the office or whatever has got to have a small bathroom with at least a toilet and a sink with hot and cold running water — shower optional, sponge baths instead. If you're doing this yourself, please don't reveal any identifying information that could be used against you by a random Karen. ^_^

    submitted by /u/owlsupport
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    I made $3500 in 1 day, what next??

    Posted: 08 May 2020 12:55 PM PDT

    Hey everyone,

    I created a Canada based/focused e-commerce store that I just don't have the time to run. I purchased a little bit of stock, sold out in a single day, but not sure I want to continue as I just don't have the time.

    I am looking to sell the site, socials, remaining inventory(have purchased more set to arrive in the coming days) etc.

    Where would you guys recommend looking for a buyer?

    With more stock set to arrive would you sell off that stock or try to sell it with the business.

    If someone here is interested in more info. let me know.

    Edit: Since there appears to be some interest here are details about the site.

    • custom-built site
    • custom Photography
    • custom Product Renders & Animations
    • Built On WooCommerce
    • All sales came from a single FB post on a local group
    submitted by /u/pepsi_cola_kid
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    Help Naming My Business

    Posted: 08 May 2020 12:33 PM PDT

    Hi Reddit family,

    I'm considering starting a veterinary hospital and am trying to come up with a great name.

    The clinic will be located on the West Coast of Florida, but the location of interest is pretty inland, about 45-60 minutes East from the actual Gulf coast. Thus, the area theme is more country rustic and golf communities than beachy.

    There are many other clinics in my area so most location-based names are already taken. I've also already considered location-based names based on nearby streets, communities, and the shopping center that the business would be located at.

    I am mostly looking for a unique name, possibly incorporating adjectives/nouns that relate to the surroundings (tropical, country, paradise, etc) or words uniquely animal/vet related (paws, snouts, wags, bark, life, wellness, health, medical etc).

    The business will likely be named "_______ Animal Hospital" or "________ Veterinary Hospital" but I am open to other suggestions using terms like "Pet Hospital, Care Center, Animal Clinic, Veterinary Services, etc."

    Lastly, I would have loved to incorporate my last name in the title but a larger national corporate specialty hospital with multiple locations has my last name in their name, which would ultimately dominate the SEO google presence, making it not the smartest option for me.

    Who's got some creative ideas that can help me out?

    submitted by /u/goprovet
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    Help setting up online t shirt shop

    Posted: 08 May 2020 12:10 PM PDT

    Hi there,

    I want to set up an online shop to sell mainly t shirts, face masks, and other music related products for my project. I want the shop to be similar to this one and similar in quality. https://thehyv.shop/collections/alice-glass

    1. Does anyone know what is the best website I can use to create the website?

    2. What do I use to create the products? I need the highest quality website for t shirts, sweaters, face masks, stickers, and all that.

    3. How do I embed the products on to the site?

    4. Would you recommend me bulk buying a collection of items or just have the items all digitally available for people to buy so I don't have to invest a large sum now into it?

    5. I am interested about the partial payment feature I am seeing more frequently as well.

    I'm honestly just looking for the best sites to create a website and create merch on.

    submitted by /u/sanchosway
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    Looking to interview female business owners who hire remote contractors!

    Posted: 08 May 2020 12:08 PM PDT

    Hi entrepreneurs! I'm looking to interview female biz owners who work remotely and have a remote team of contractors they manage.

    I'm finishing writing my book, which is about opportunities for women to transition to remote careers and start their own online businesses, and the discussion around contractor relationships is a big point of interest. It's something I've done myself for years, but want to be able to include varying perspectives.

    If you'd be open to being featured & answering a few questions, please just comment and I'll send you a DM with more info. :) Thank you!

    submitted by /u/basicblockchainbitch
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    Best way to make money?

    Posted: 08 May 2020 11:47 AM PDT

    Now I've asked this question before and people have usually brushed it off, I don't think I explain it well enough.

    Fundamentally money is like a universal asset that has value right? The ways to make money is for someone to give you money fundamentally and the only way you do that is by giving them something they would trade for whether it's labour, another asset or service or whatever; then there's investing and what not but it's still the same premise.

    With that, what are some of the best ways to make money. I'm not talking about a side hustle thing where's it's like "do online surveys", "dog walking" and blah blah blah. I'm talking proper ways to make money, it doesn't have to be trading or working. Heck, if you wanna say becoming a bank robber. There are no limits, I'm just here to make money and try and live a good life like everyone else. I just wanna do it the best way. Cheers everyone, I'll do my best to respond to every comment as fast as possible.

    submitted by /u/TryingToImprove0
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    Free : Fundamentals of Business Process Management book by Springer anyone ? ?

    Posted: 08 May 2020 02:22 AM PDT

    Springer has been so kind to offer certain Business Books for free because of the current Covid pandemic however it's a time limited offer so think fast.

    Following is from the introduction.

    This textbook covers the entire Business Process Management (BPM) lifecycle, from process identification to process monitoring, covering along the way process modelling, analysis, redesign and automation. Concepts, methods and tools from business management, computer science and industrial engineering are blended into one comprehensive and inter-disciplinary approach.

    EDIT : It's a total of 35 B-Books follow the 2nd jump for the overview.

    submitted by /u/CodeDinosaur
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    Best way to do customer discovery?

    Posted: 08 May 2020 10:52 AM PDT

    I would like to hear your experience. I've been reading about customer discovery and customer development. What I've read has been mostly theoretical and not too much in the physical implementation of the theory.

    So how did you do it? Cold calls? Cold emails? Handing out business cards and starting a conversation? What kinds of questions did you ask?

    What approach has worked best for you?

    The reason why I'm asking is because I want to talk to people from the industries I'm targeting and I cannot do so as I am deaf. I don't do well with phone calls so I'm trying to figure out a way to reach out to the people I want to work with.

    submitted by /u/blueforce12345
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    Selling PPC ads directly to businesses?

    Posted: 08 May 2020 10:34 AM PDT

    I have a handful of websites that I run in various industries.

    As an example (this isn't one I have, just an example), I review auto dealers and related services in New York. Rather than selling my own products, or sticking AdSense on there, let's say I've decided to advertise to local auto dealers and related businesses in the area.

    Rather than charging a flat fee directly to businesses for the ads or per impression, imagine that the content on the site is set up to push clicks through to the website. As an example, I charge $1 for each click through to their website. (This is easy enough to track with the sites I run.) I'd save a copy of the analytics each month and then invoice them every 30 days, say they had 20 clicks through to their site, I'd send an invoice for $20 for that month.

    I've spoken to a couple of potential advertisers who love the idea and want to give it a chance. I have no problem with contacting businesses and pitching to them. I don't want to do affiliate marketing in the traditional sense, as it can be a bit messy and a lot of small businesses won't understand it - it's a much better pitch for me to sell them a 'warm click' to their site for $1 or whatever.

    The sites and industries mean I can realistically forecast a decent amount of clicks each month.

    If anything, I'm posting this because it almost feels a bit too good to be true and it's not a model I often see posted.

    Is there something obvious I'm overlooking here, and a reason why it isn't more widely adopted? Or is it already widely adopted and I just keep searching for the wrong thing on Google? It's a win-win for the business - they get targeted leads to their site and I don't have to worry about low AdSense rates or whatever - and I can incorporate the companies, products and services more fluidly into my content.

    Thanks.

    submitted by /u/CallMeLevel
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    Genuine discussion about dating as an entrepreneur

    Posted: 08 May 2020 10:32 AM PDT

    Hello everyone, hope you all are having a great Friday!

    I would really appreciate your valuable feedback on a thing. Let me give you some background to why I am asking this question since it´s about dating as a business owner which is a bit off topic but something I believe is very important for us business owners.

    Many of my friends who are running their own businesses feels just like me the excitement working on their businesses. It is easy that some parts of life get less attention. The part that many feels is most sacrificed is their social life, and to be more specific their dating life.

    We have discussed the challenges of balancing the time for it, meeting people who don´t quite understand your mindset or busy schedule and finding that right person for you. I hate to see amazing people like them miss out or not feel truly happy with this amazing part of life just because they have ambitious business goals.

    I have realized that this is something I am very passionate about helping others with and I plan to do that in the future. Before I can start I want to truly understand the situation and challenges for us business owners when it comes to this. That is why I am asking for your valuable feedback.

    Can anyone relate to this?

    What are some of the challenges you have experienced dating as a business owner?

    What would you wish to improve the most when it comes to this part of life?

    I understand that this is a bit private topic so if you don´t want to comment but still want to add some valuable input feel free to send a message. It will of course be kept only between us. There will be no sales pitch coming at you. I just want to hear about people's experiences. Thanks so much and looking forward hearing your thoughts!

    submitted by /u/MaximilianBlomqvist
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    Starting an Online Business

    Posted: 08 May 2020 10:23 AM PDT

    Hi all, hope you're staying safe. I'm a 22 year old who just finished college and ill be starting my career in sales in a few weeks. However, I understand that real wealth only comes from starting something on your own and I cant imagine working for someone else my whole life.

    I decided that the best course of action is to start an online business as early as possible. I don't expect it to be successful overnight, I don't expect it to be easy. I expect to fail and learn a lot. I'm not looking for a get rich quick scheme. I'm looking to start something that, if given the right effort, has the potential to be something great in the long term.

    Problem is that I don't know where to start. A lot of entrepreneurship is trial and error and I understand that but e commerce is so competitive that I feel it would be silly to go into it completely blind.

    There are SO many resources out there, but the problem is it seems everyone is just trying to make a profit off of you (which I completely understand), which makes it tough to tell the difference between good information and bad information.

    My question is can you guys recommend some no BS resources that helped you out in the starting process? I have about 800 dollars to my name and I prepared to invest it all in a business, I just want to have an understanding of what I should be doing.

    Thank you guys, stay safe

    submitted by /u/BigMac197
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    Searching for an opinion of founders about recruiting services.

    Posted: 08 May 2020 10:20 AM PDT

    Hello to everyone.

    I'm doing a research on what people like and dislike in recruiting services and what problems they get when they seek for qualified employees. Could you fill a form on your experience with the job search? It won't take more than 5 minutes.

    I can then share the results with you — the end goal is to build a product that will make the recruiting process much less of a pain. Thanks a lot,

    https://forms.gle/arAQQCkBnGNHU5X38

    submitted by /u/saviorand
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    We got a room with potential but no clue, what we should do with it.

    Posted: 08 May 2020 10:11 AM PDT

    We live in germany and my Father owns quite a lot real estates. Now we have one with an old little clothing shop in it. We dont know what we should do with it. Its in our hometown, in the center of a little city with roundaboud 10.000 people. If we should run a cafe. There are alot of potential, but how can you make money with a cafe? (Just example) My father prefereces to rent it as something. To build something in it and rent it. But again the question. As what? Any original or trending ideas?

    submitted by /u/FiftysevenCk
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    Service to use to personally cold call US business owners over the internet?

    Posted: 08 May 2020 09:25 AM PDT

    I make my web design sales mostly by getting contacted by people who came across a post on reddit that I make on subs like /r/forhire , or by writing high value replies to website related posts, and it's been going pretty well. 4 clients in a week of doing that, the projects already exceeded a 6 month worth of pay for my job (and I work in software, for a fortune 500, but in a cheap labor country). But that is not scalable, and I don't know how consistent that influx will be. Before that I provided my services locally, but I really want to go international since our standard of living is much lower than the US and I feel like the service I provide would be of a lot of value to anyone who needs help with digital marketing, SMM or website design, since I am a business and not design oriented designer ironically, I know how to solve problems.

    Now in order to be comfortable with quitting, I need to work out a good way to consistently get leads without paying leads sites (anyone done this before?), and since I have no issues with confidence nor rejection, and I believe I am a good salesman I figured cold calling would be the best method for that. I might fail a first 1000 calls but every one would be a lesson.

    What I am looking for is a tool that I could use to call people from my home in Europe without an international phone plan (I want to use my PC and my headset). Does anyone have any experience with software like this, I know it's used a lot , but I don't know what's a good solution for a single person and not a company that is easy to set up.

    Thanks.

    submitted by /u/Stefan474
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    I made a digital marketing strategy and tutorial video

    Posted: 07 May 2020 08:07 PM PDT

    Hey All,

    I wanted to share what I've learned over 10 years of digital marketing/entrepreneurship.

    This is geared towards beginners and/or busy entrepreneurs that know they need to be doing more digital marketing but haven't found a way to prioritize which tactics to employ.

    https://youtu.be/ZtHh60GO0-c

    In the video I cover:

    • Internet marketing strategy and fundamentals
    • Paid digital marketing strategies and tactics
    • Website, blog, and SEO overview
    • Social media and email automation
    • PR and partner channel strategies
    • Content strategy and design
    • Online marketing tools and services
    submitted by /u/protopets
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    Fellow founders, what are you MOST focused on improving these days?

    Posted: 08 May 2020 08:12 AM PDT

    Hey entrepreneurs, I don't believe I can post a poll in here but just wanted to ask you all what you've been most focused on improving in the past few weeks?

    Some examples:

    • Marketing tactics
    • Sales/negotiation skills
    • Soft skills (communication, presentation, charisma)
    • Technical skills (coding, analytics, design, etc.)
    • Implementing processes/frameworks (lean startup processes, idea validation, experimentation processes)
    • Fundraising skills (pitching, networking, etc.)
    • Something else I missed? (please comment below)
    submitted by /u/stellarowl12
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