Marketplace Tuesday! (May 05, 2020) Entrepreneur |
- Marketplace Tuesday! (May 05, 2020)
- How I made $103K passive income in 2 years with Adsense
- I've seen a lot of young entrepreneurs on this sub... like really young entrepreneurs...
- Opportunity Cost Of Entrepreneurship.
- What skill do i learn next
- Luxury Resale Business - Need tips
- 8 Business Podcasts YOU Should Listen To
- How do you get a SaaS offering developed without your own coding skills?
- 5 business ideas you can swipe and run with
- Method of Sale
- Tips for a Freelance Director of Photography (cinematographer) trying to utilize skill set throughout pandemic.
- Alibaba samples for custom/personalised items - do you request it to your exact specification?
- On demand delivery shopping delivery platform with driver matching?
- Measuring ROI on software development (x-post from startups)
- I dropped out of design school, how do I 'word' my education experience when interviewing, on LinkedIn, etc.?
- Question about T-shirt printing shops during quarantine
- How to create a "tribe" from early users to boost your seed-stage growth
- Got $1000 instead of 10k grant today
- Thoughts on Patrick Bet-David?
- Does anyone want to join a Discord for like-minded people?
- Question for Gym Owners or Employees
- Why a website like GIPHY, TENOR, and other GIF's sharing websites, don't show any ads? How they generate revenue?
- Writing and selling a technical guide
- Tired Of All These “Entrepreneurs”
- Contemplating choosing between a concrete idea with media support and government recognition or one that I’m not familiar with but willing to learn
Marketplace Tuesday! (May 05, 2020) Posted: 05 May 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] |
How I made $103K passive income in 2 years with Adsense Posted: 05 May 2020 12:48 AM PDT In the last 2 years, I made $103K+ on Google Adsense. One of the main factors for this earnings is the large number of pageviews and the account RPM (Revenue per 1000 pageviews) of $9+. With a total pageviews of 11.4 million, completely driven by Google organic search traffic. The purpose of this post is to encourage more people to take up digital marketing / blogging as a viable source of income and to assure struggling bloggers that they too can achieve success by working consistently and by continuous learning and optimization. How I made $103K in last 2 years? The strategy is rather simple. I started to create directory websites and websites for cities. By launching one new website every 2 months, I created a small network of websites catering to several cities. The websites provide all kind of information about the city – transport, entertainment, guides, how-tos, directory (yellow pages), news etc. With a total of 20+ websites and each of them bringing in $100-$300 every month, the total income in any month is always above $5000. One of my website is for Dubai City – YourDubaiGuide.com and it averages 30-50K pageviews in a month and brings in around $250-$400 monthly. Similarly, I have created and maintain websites for several other cities using the same strategy. These kind of websites start slow, the traffic starts picking up in 3-6 months and starts providing decent income from a year, provided the website is regularly updated (daily) with relevant content. It is not difficult to come up with original content if one takes time to do some research. For example, my recent article about "10 things to do at home during lockdown" took about 2 hours to research, come up with my own ideas and to write the article. Focus on Content Strategy I have never done any sort of link building activity. All my backlinks were acquired organically over a period of time. As Google says, content indeed is king and if we focus on providing curated content to users, Google is happy to send organic search traffic to our websites. By keeping an eye on the news websites and other competitor websites, it is rather easy to arrive at what kind of content needs to be covered in the website. Measure and Optimize Keep an eye on Google Analytics reports every day and observe the patterns, which content works well on which days. Patterns can be observed over days, weeks, months or even years. For example, my Dubai website always gets more traffic during the peak travel season in Dubai (Nov-Apr). By observing trends and creating content anticipating the upward trends, one can always ensure that there is always fresh content being published and monetized. For starters, I would strongly recommend that they start with a single website and focus only on it and it will have the potential to bring in a few thousand dollars a month. And the key here is to create websites targeting cities in developed economies, which provides a higher CPC/RPM. Mistakes to Avoid Being from India and living in Chennai, I started websites focusing on Indian cities and academic institutions initially in 2011. Though those websites brought in good volume of traffic, the RPM of Indian market was around $1-$3, which did not amount to much, all things considered. When I stopped focusing on Indian market and started to target United Kingdom, the returns were 3X ($9-$12) RPM for the same effort. Since then I gradually shutdown all my Indian websites and started to focus exclusively on websites targeting developed economies. One would normally assume that it would be difficult to have a website for a city that we have never seen. But that is not really the case. Do try out, and you will find it actually easy. From: https://bloggersvenue.com/how-i-made-103k-passive-income-in-2-years-with-adsense-a-case-study/ (With graphs) Edit:
Website Traffic screenshot for the Dubai website: https://bloggersvenue.com/wp-content/uploads/2020/05/Pageviews-in-Jan-2020.png Revenue screenshot in April 2020: ($5K) https://bloggersvenue.com/wp-content/uploads/2020/05/April-Adsense-Payment.png [link] [comments] |
I've seen a lot of young entrepreneurs on this sub... like really young entrepreneurs... Posted: 04 May 2020 05:14 PM PDT If you would call yourself an entrepreneur, or at least aspire to be one (a wantrepreneur perhaps), and you are below the age of 20, I just wanted to say that that is awesome! It is. Also, I made a sub just for teenage entrepreneurs (and wantrepreneurs), it's called r/Teenagexecutives. This sub is perfect for sharing strategies, and networking with other like-minded teenagers. Edit: a lot of boomers in the comments that just read the title, kids these days am I right? [link] [comments] |
Opportunity Cost Of Entrepreneurship. Posted: 05 May 2020 02:11 AM PDT One thing that has bothered me about the motivational posts on this sub is how laser-focused they are about 'work hard and never give up'. But for many, all you're doing is working hard on something that will never bring you the success you desire. Yes, entrepreneurship feels like the shortest path to wealth and success. But that's just not always true. For every business you start on your own, you are giving up opportunities for employment and education. From guaranteed income, benefits, to understanding in-depth an industry and expanding your abilities. I see 18 year olds who put a few bucks in their pocket and think that they'll create a lifetime of income. Maybe, but probably not. All you're doing is limiting your ability to make a consistent income. I was that 18 year old -- I went from broke to 6 figures from a business I started with a couple bucks. And when that opportunity became too overwhelming and toppled from a multitude of reasons, I was on the job market. Unfortunately, a 21 year old with no education and no experience outside of minimal jack-of-all trades from a failed company isn't that appealing. It took me almost 8 years to reach 6 figures again. When I found success again it wasn't because of the business I started years before, it was the experience I had gained working up through companies in an industry I didn't know existed as an 18 year old. Yes, I wanted to start a new business for years. But instead I gained experience, relationships, and an in-depth understanding of how a successful business and executive operates. So when I did return to entrepreneurship I had a solid A-Z understanding of what needed to be done. I knew how to manage employees and contractors. I knew how to prioritize my day. I knew how to expand and expand quickly. I had done it all before on someone else's dime. I've been back on my own for over a year now. I've made far more money now then if I toiled around at 6 figures that I started at 18 -- even if I had never shuttered that business. You don't need a good business idea. You need a good idea of how to run a business. You can pivot endlessly. Be patient. If you're not happy with your job, find a new job. If you must, become an entry level employee somewhere else or go back to school, because a guaranteed income is guaranteed to be not 0. Don't start a business out of boredom, of frustration, of a blind desire to be wealthy. Start a business because the opportunity exists and you have the strategy and ability to carry it through. [link] [comments] |
Posted: 05 May 2020 02:46 PM PDT Hi, I'm a 16 year old teen still in high school. I have a couple of skills that i have taught myself over the past few years (graphic design, Microsoft office, html-css, basic website making and ecommerce). I have read some financial and self-development books, with more on its way. I have also read a lot about economy and money itself. As a 16 y/o in the middle of pandemic, I am quite bored with myself these days. I am looking for some kind of new skill or knowledge that will be really useful to me in my future life. [link] [comments] |
Luxury Resale Business - Need tips Posted: 05 May 2020 11:43 AM PDT Hi Guys! So I am 19, and have been selling mostly good luxury goods & sneakers on places like poshmark & depop for about 1 1/2 years now. I do it as a side job, and I maybe spend like 1-2 hours a week max between shipping, looking for items, and things like that. I have been averaging around 500-1000 in revenue per month (I don't do sales that will make me less than 50% profit, but the profit is usually sometimes more than 100% which I believe is good? just dont know if I should waste my time on profits less than 50%) I typically sell around 10 items per month, but I am looking to expand that especially because i had my best month yet and made $1700 in the last 4 weeks. I am wondering if I should make a website on shopify, and maybe through my sales on the apps I use, include a business card linking people to the website with a discount code so they can shop again? Also, set up an IG shop and post items on there? I wanted to buy nice packages online to ship some items in and make it look professional. What do you guys think about this? Any potential to really scale this big? Lastly, I am looking for some name ideas for my business if that is allowed. I have a few ideas and have been thinking about this forever, but I would love to hear others thoughts. Thanks! [link] [comments] |
8 Business Podcasts YOU Should Listen To Posted: 05 May 2020 03:08 PM PDT https://medium.com/@mitchcross12/8-business-podcasts-you-need-to-listen-to-today-24d120b7235b
[link] [comments] |
How do you get a SaaS offering developed without your own coding skills? Posted: 05 May 2020 02:25 PM PDT I've got a bangin' idea for a sales tool, but not sure what the best approach is to get a MVP developed that I can start generating money from. I've got some of my own cash for a house, about $35K laying around, but no idea where to go to get this thing developed. Upwork? Fiverr? Any better ideas? I can code a bit, but definitely not well enough to get this thing going, nor do I want to take that time. [link] [comments] |
5 business ideas you can swipe and run with Posted: 05 May 2020 02:04 PM PDT These are all validated niches (as in, I've seen people do them successfully).
I expect to get some shit on how 'X isn't ideal because Y'. The point is they're ideas I've seen work. Dig into them further and through your research you might find that untapped niche you've been waiting for. [link] [comments] |
Posted: 05 May 2020 10:09 AM PDT Alright so the products I'm interested in selling are similar to, let's say, a paper towel dispenser. Should I be specifically targeting businesses since people most likely won't be installing one in their home? Is it possible to target businesses through FB ads or am I better off cold calling/emailing businesses. [link] [comments] |
Posted: 05 May 2020 01:28 PM PDT I live in LA and work in production, mostly working with cameras, lights, and on a set with other freelancers. Hollywood and film production has completely stopped for the foreseeable future and studios I used to rely on for work are starting to fizzle out. I am trying to come up with ways to still utilize the skills I've acquired to transition down a new career path. This might mean something completely unrelated to production even though for the past 10 years production work is all I've really known. I'm looking for advice or maybe some insight from people maybe also experiencing a similar transition, or things I might be able to do to hone in on skills I already have to continue working for myself. I know these times are forcing a lot of people to have these similar thoughts and concerns, so I appreciate any advice or even just the conversation. [link] [comments] |
Alibaba samples for custom/personalised items - do you request it to your exact specification? Posted: 05 May 2020 01:26 PM PDT Hello, everyone! I've done some research on how to navigate ordering some product samples from Alibaba. But I am mostly interested in some customised items - specific colour/style and with embroidered logo. In terms of samples, do you just request the base product to give yourself an idea of the quality or do you request the finished version of the product you're looking to sell? The items I'm looking at are fairly low price tag $3-£13 dollars. I'm just curious if there's a best practice here when it comes to sourcing custom items? Thanks! [link] [comments] |
On demand delivery shopping delivery platform with driver matching? Posted: 05 May 2020 01:21 PM PDT Currently, I'm woking on a business idea where I would like to connect shoppers with shoppers who are already shopping. I've already created a simple web page with WordPress and also started to build an Woocommerce shop with items from furniture sores, groceries etc. What I would like to build up next is basically, after a customer selected his items for shopping, a) he should have the opportunity to look for an shopper nearby or b) put the shopping order in the shopping cart and wait for potential shopping drivers who are willing to pick up and delivery the stuff. My questions are 1) Do you have any suggestions which plug-in I could use for matching shopping request with current shopping drivers in WordPress (similar to uber, instacart, postmates etc.)? 2) How I can integrate the shopping items from shops nearby like Aldi, IKEA etc. ? Only via API's? Thanks in advance! [link] [comments] |
Measuring ROI on software development (x-post from startups) Posted: 05 May 2020 01:11 PM PDT Hi everyone, I'm a software engineer and run a small software contracting firm with one of my friends. We're making good money and have autonomy to spend most of our time doing what we like, and be able to invest in other pursuits that we like. Whenever I talk with clients, I try to understand how to drive "returns" on the investment that they are making through technology - either at the cost-level or at the sales-level. I try to think about it like any other investment - why pay me $25,000 for an application or changes to an application over 6 months unless you expect a return on that $25,000 over the following period of time either in better sales, better operations, or less headcount. I have a few case studies, but I'm wondering - how does the broader entrepreneurship public think about this? How are you guys measuring ROI of engineering/product development? Thank you!~ [link] [comments] |
Posted: 05 May 2020 12:57 PM PDT I attended one of the top art and design schools/universities for four years. I finished my degree program classes, developed a thesis collection of work, did the final exhibition, and then decided to cut the cord without graduating. Why would I decide to drop out when I was so close to finishing? I finished my finals semester and my program with the rest of my graduating class... but I still had a stack of elective lecture courses that I would be required to take, and some of them had to be on campus... and it would cost me an additional year of tuition which would be extortionate. Last spring I was done. I had finished the work that I wanted to finish. I had an opportunity overseas to begin my life, no debt, and no desire to stick around for some lectures that were not necessary other than to simply meet a requirement. So I left. This upset absolutely everyone around me. But here's the thing... you don't really need a degree in my industry. A lot of artists and designers are self-made. It's a very flexible world full of innovators and open-thinkers. Art school is a privilege that not many can afford. A lot of creatives wear multiple hats and can side-step into different parts of the industry through networking and conversation. Sure there are corporate jobs as well but even they don't always look for a degree. The most important thing is your portfolio... what you can do and how you can show what you do. And for the record, lecture classes at art school are kind of a joke... and a lot of the time you lose the class lottery and wind up in a totally useless liberal arts course that only exists in order for the school to call itself a real school. So this time last year, I finished my work, did my student exhibition, even got into a few publications, and then moved away. People, including my parents and some family, were absolutely fretting at me to go back and finish my degree... but my life was already moving forward... and I was even more driven than ever to prove everyone wrong. I wasn't going to leave my opportunities, my partner, and go back to sit in a lecture hall for another year just to appease the system. I did go through a period of serious self-doubt due to the constant berating that I was getting from spectators, and even vowed to my parents that I would complete my degree... but I never really had the intention. I have to say, thank god I didn't do it this past fall because I wouldn't have been able to do any of the amazing things that I did last year and I would have been affected by this current crisis. I strongly believe that a degree is not necessary. I am incredibly thankful that I don't have any debt. The only thing that I might want to do one day is go into a master's program... but if I have a big enough portfolio you don't need an undergrad degree to get into a program. Just because I don't have a piece of paper doesn't mean that I didn't spend 4 years at an amazing institution and absorb all of the knowledge in order to become the type of person that the school produces. I've done pretty well so far... and I'm still confident that I don't need that degree. I've just been thinking about it because I recently spoke to someone who was begging me to go back and do it... now... while I have the free time... and even submit some personal work that I'm doing for independent study credit.... you mean you want me to pay 3 grand to do the work that I'm doing on my own time for free? You think it's a good idea for me to put myself 20k to 60k in debt right now? During a global pandemic and economic recession? I really don't think so. Why are we so bound to this form of validation? I got what I wanted and needed out of the experience and I've moved on. I wouldn't recommend what I did to everyone, I know the type of person that I am and I have always taken an alternative path... but for those like me (and many of them tend to be entrepreneurs) I'd like to know your opinion on this matter. Personally, I don't want to work with someone who can't see past my lack of degree and through to the vast body of work and experience that I have... because it could imply a close-mindedness that I would clash with in a working relationship. My only struggle is finding out how to word my schooling experience... in conversation, on my resume, LinkedIn... etc. Until I'm successful enough to publically state that I dropped out lol... But for now that isn't the message that I want to be leading my parade with. I find myself beating around the bush with statements like: "I finished X school in 2019" or, "I went to X school for X major"... and most people don't question much further or just fill in the blank and assume that I have a degree if I spent 4 years ina program. It's trickier when it comes to wording my resume... because most people expect to see something like - "X school, 2015 - 2019, BFA" ... but I don't have a BFA... I was in a BFA program for four years though... Or there are instances where you need to use the word "graduate" or "recent graduate" or "I graduated from" ... where "I went to" doesn't really cut it in language. I feel like I need to have some kind of a script... for if someone asks X I respond with X... for multiple scenarios... or if they pry more then I respond with X. And then a set thing to put on my resume and LinkedIn that isn't a lie that someone could check up on. I could also lean on the current situation as an excuse.... "I was going to finish these courses in the spring after taking a break through last summer and fall... but then the global crisis hit and I had to protect my finances..." Eventually, I will wear the fact that I dropped out, loud and proud... but until then, it isn't what I want to lead with when meeting people, especially potential business relations. Is anyone here a drop-out? Especially so late in the game? What do you do? What do you say to people who ask? [link] [comments] |
Question about T-shirt printing shops during quarantine Posted: 05 May 2020 12:53 PM PDT Do you guys know if they are open in California? A lot of places are opening on Friday so maybe then? [link] [comments] |
How to create a "tribe" from early users to boost your seed-stage growth Posted: 05 May 2020 12:50 PM PDT |
Got $1000 instead of 10k grant today Posted: 05 May 2020 12:38 PM PDT It's silly they said 10k and I get $1,000 today into my business checking account. It's not enough. Also I applied for unemployment, it got accepted for $0 (zero) lol. I went ahead and also applied for the PUA, got approved for the $167 weekly benefits. Sold all my stocks, sold my gold, not much left besides 2 cars that I need. This whole thing could of been handled so much better, I feel sad for all those that are in a more dire situation. Best of luck to everyone. [link] [comments] |
Thoughts on Patrick Bet-David? Posted: 05 May 2020 12:31 PM PDT Just watched his videos on Coronavirus, and he comes off as a typical conspiracy-theory believer who's justifications for breaking quarantine recommendations is poorly thought-out. He's made several conspiracy-promoting interviews on Coronavirus and vaccinations too. I did some digging and found that many people believe his insurance business (PHP Agency) was a shady MLM scheme. The guy himself does give off the same fake entrepreneur vibes as many others (e.g. Dan Lok etc). I can't comment on all the videos of his channel (Valuetainment), but just the guy himself. Thoughts? [link] [comments] |
Does anyone want to join a Discord for like-minded people? Posted: 05 May 2020 12:29 PM PDT I just recently started a discord channel for entrepreneurs and inventors to share ideas, brainstorm, solve problems, share resources, find partners, etc. I only have a few people in there so far but I would really like to develop this into a vibrant community, because I feel like Forum style subs on reddit don't give you the best opportunity to share info in real time and develop relationships with people. If anyone is interested in joining, send me a PM , we would love to have you. I'm also looking for people to help me get this up and running, so for that dm me as well. (looking for mods) EDIT: Adding Link to make it easier to join https://discord.gg/jzBwAcq [link] [comments] |
Question for Gym Owners or Employees Posted: 05 May 2020 12:26 PM PDT Hi there -- aspiring gym owner here. I have a few questions about this "new normal" and how you might be tackling this. More so to prepare myself for something like this in the future. -What are you most concerned about (now and post-COVID)? -What are you doing differently NOW to get through this? -What will you do different to thrive AFTER this? -What are your priorities post lockdown? Do you have plans in place to reach specific goals? -How are you using this time to prepare? What skills do you think will be most valuable once you can reopen? -Are you raising prices? Why/Why not? Thanks the the help! [link] [comments] |
Posted: 05 May 2020 08:31 AM PDT |
Writing and selling a technical guide Posted: 05 May 2020 12:07 PM PDT Hi all, I am not a first time writer, but I have been debating writing a niche technical guide and trying to sell it at a high price. I have spent my day job for the last 5 years or so learning a lot about a highly technical niche. I was debating writing a short eBook synopsizing the results of a few years of specialist trials, and expensive testing. The information that is available publicly on the topic varies between basic and outdated and everything else is trade secrets. Training from the machine OEMs runs in the thousands of dollars per operator just to run the machines and the materials and settings involved are more or less up to the owners to figure out. I have no contractual hold against me sharing the information and I doubt it would lead to any direct competition for my company anyway. The pool of users would be fairly small, so it would have to be an expensive book to be worth it, but the knowledge I gleaned cost thousands in samples, white papers, and lab work so I think some people might go for it. But I am not sure about sinking the writing and editing time, nor what would be my best route for sales. Any advice? [link] [comments] |
Tired Of All These “Entrepreneurs” Posted: 05 May 2020 11:36 AM PDT Most subreddits are filled with instagram entrepreneurs, people that have never made a dollar, people that make money by teaching others how to make money, wantrepreneurs, business opportunity people and so on.. In general, lots of stuff for folk that are just starting out. (Which is fine) But there's so much advice and nearly all of it is just plain wrong. So I made r/YounglingFeynman and now I'm looking for those 6 weirdos here on Reddit.. The ones that enjoy masochism (i.e. reading academic literature) and or just have a more rigorous way of thinking about entrepreneurial science. If that's you, join me at r/YounglingFeynman I'd love to see an entrepreneurship based subreddit, that's at the bleeding age of this field. So if you got deep expertise in behavioral psychology in the form of advertising, or in user acquisition from building your marketplace, or you've been researching disruptive vs. incremental innovation for years, then consider joining. [link] [comments] |
Posted: 05 May 2020 11:30 AM PDT Judging from the title, you must be certain that this is a stupid question since the title literally answered my question: "i should go for the former than the latter". However, do hear me out as I'm quite conflicted. Just some introduction of myself, I'm 18 years old and the President of my institution's Entrepreneurs Club. Aside from that, my inventions have been in finals in competitions which also landed me an opportunity on national media to discuss about it further. I've always wanted to commercialise my project but due to the nature of my project, I'm unable to do so. My project targets an extremely niche market, targeting governments and project planners, which is a difficult task for an 18 year old. A few government agencies took notice of my project and tried to get me onboard to help them develop their systems and stuff, using my previous expertise on that project, for free (as a contribution to the state), which I'm contemplating. Don't get me wrong, I'm willing to contribute to my country for free as I view it as my responsibility as a citizen, but as an Entrepreneur, I don't think I should do that as I've had long hours of hard work working on that project and I shouldn't just simply give it away. I'm on the assumption that no benefits will be given for my cooperation and assistance developing with them. Adding on to that, I'm still a student waiting for his final examinations, shouldn't they be more aware of my situation? I'm currently working on a side project which brings my audience closer to the general population. I have garnered the interest of many within my institution and in the wider community. This project that I have in hand is one that I'm not familiar in but I'm willing to learn the ropes of it and push on in completing it. I currently have my fellow co-founders whom are of similar age and has a shared vision and are willing to contribute tirelessly to it. I do hope this works out and we can benefit society with our project. We don't seek to earn profits (for the time being) but to rather improve society by making it more breathable and liveable. (I'm sorry I can't share too much about my project but it is a service which provides benefit to the community and we take a cut from it) I'm willing to do whatever it takes to learn more about the skill sets needed and make it work. I'm also determined and willing to take risks and learn the ropes, but my only area of concern is I'm afraid I may spend too much time on it and neglect my studies. (I'm not trying to brag here but I've been scoring good grades and topping my classes throughout and I need to maintain my grades to remain on the honours roll.) Do you think I should find a way to sell my existing project idea which is considered to be "concrete" since it has recognition from the media and the government? The only issue is that the target audience is too niche and big corporations usually have a higher chance. Or should I deviate all my resources to my side project that I'm not familiar with but willing to try my hands on it? I'm fine either ways but I just need a second opinion. Thanks reddit! [link] [comments] |
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