Accomplishments and Lesson Learned Friday! - (June 12, 2020) Entrepreneur |
- Accomplishments and Lesson Learned Friday! - (June 12, 2020)
- I almost lost a client. One email turned the setback into a win.
- I asked 82 entrepreneurs from diverse background to share a habit they follow. And it revealed the top 8 habits.
- 14 free courses to enhance your marketing, graphic & web design, & ecomm business skills
- Requesting critique on my first campaign.
- Talk to your customers
- For those of you that had a business fail and leave you in debt - how did you recover?
- Fastest way to increase execution skill?
- How do you drive traffic to your adult website?
- From Grass to Grace
- 25 with a growing business and don’t know how to run it properly.
- How much percent should I expect to lose when running investing?
- 10 Ways You Can Automate Your HR Process
- I would like to start a sunglass retail business. How can I get started?
- My new passive income strategy
- Tripled Google Search Impressions with Landing Pages
- What's the best bank to use for a starter business?
- Seeking a Programmer
- Found a person giving one-on-one apprenticeship for AirBnB & Turo business - how can I vet him?
- Are you an Entrepreneur who conducted market research before you launched?
- Want to start company in the US
- Helpful Engineering hackathon foccused on Covid and Systematic risk
- What are some key skills / concepts I should learn?
- Starting a business with a friend as a cofounder
- How would you build an audience for a product which will give you the top 10 People, Companies, and Location every day in any industry or field you're interested in?
| Accomplishments and Lesson Learned Friday! - (June 12, 2020) Posted: 12 Jun 2020 06:11 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. [link] [comments]  |
| I almost lost a client. One email turned the setback into a win. Posted: 12 Jun 2020 04:02 AM PDT Two months ago, our client's VP of Product sent me the following email
I know that kind of message too well.Kind of polite, but often carries long-term consequences under the hood.I thought that most probably, our collaboration will be slowly fading until we stop receiving new projects from them. That's harsh. Some backstory I run a web product design and development company.We had been working on these mobile apps with other product managers on the client's side.The feedback was always great. The PMs accepted every deliverable. All deliverables met all requirements, and everybody was happy. And no, we didn't change the designer, it was the same person who made all the highly praised work before. What happened, then? My reaction I had given myself two days to analyze what went wrong before I replied.
Let's quickly unpack this message, I a) expressed gratitude for the feedback b) described the root of the issue c) took full accountability for the situation d) proposed what we can do better e) offered non-billable iteration The last point is crucial. If I provided a refund instead, that would put us in a position of questioning our expertise. Also, refunds are associated with conflicts or situations that break collaboration. Showing that we were willing to take the extra mile to make up for the setback is a whole different story. Now, the surprising results. I never got a reply. But four days later I receive a spec for a new project! The following week, new tasks again. The workload almost doubled. Finally, we have been asked to design their new mobile(!) from scratch. Lessons a) Even though you may feel confused that the client accepted, then expressed disappointment, even though you did exactly what they asked for - take a step back, cold analyze, be empathetic. b) Take accountability, be kind and transparent, understand their motivations c) Propose a way to move forward d) Don't judge results by whether someone replies to you. You can measure your impact based on the actions the other person takes. Thanks for reading! Feel free to hit me up on Twitter or check my blog, where I sometimes share some random thoughts like this one. [link] [comments]  |
| Posted: 11 Jun 2020 11:05 PM PDT I always wanted to know the habits that entrepreneurs followed to make most out of the day. Thus I asked 82 entrepreneurs who worked in different sectors, countries and were at different stages of business, to share a habit they followed to be at the best shape, and this revealed the following 8 habits. I have listed habits with the percentage of entrepreneurs endorsing them:
Though it can't generalize the lifestyle of entrepreneurs throughout the world, as we must respect the degree of randomness. This short survey concluded that entrepreneurs prefer to getting a positive start of the day and give weightage to planning to face the daily grind. If you want to read details, list of entrepreneurs, and infographics, you can click here [link] [comments]  |
| 14 free courses to enhance your marketing, graphic & web design, & ecomm business skills Posted: 12 Jun 2020 06:51 AM PDT Small businesses owners have to wear many, many hats, and learn new areas quickly and thoroughly to succeed. We've compiled a list of 14 of the best free or very low-cost online courses in this recent blog post. We've listed the courses below, but in the broader post you can find the links (redditbot won't allow me to link them all here) as well as a brief description of the course! If you are familiar with others that you'd recommend, please let us know & we'll look into adding! Here's what we've got so far:
GRAPHIC & WEB DESIGN
COPYWRITING
ENTREPRENEURSHIP:
MANAGEMENT
Do you have any additional free online courses that have been of particular help to you that we should add to our list? [link] [comments]  |
| Requesting critique on my first campaign. Posted: 12 Jun 2020 01:33 PM PDT Hey everyone! I'm creating a paper planner that helps people live by their values rather than result-oriented goals. My plan right now is to collect email addresses and grow my social media before our Kickstarter on September 1st. I'm running my first ever referral campaign here: http://www.hemlockandoak.com/referral (The referral page so you don't need to give me your email) Some concerns I have: - Is it obvious that you get a free physical planner after 50 friend referrals? - Is it crazy to be giving away the digital copy for free in exchange for an email address? I'm trying to provide value so people can see what the planner is shaping up to look like, and I give them an opportunity to leave feedback. This seems common for previous planners on Kickstarter or just as they're starting up. - Is it weird promising a free product for 50 referrals before a Kickstarter? They wouldn't receive it until after the kickstarter, and I'm limiting it to 50 planners (or whatever budget allows, I'm going to save some to give to micro influencers too). - Do the rewards seem valuable? i.e, free ebook and other printables for referring 3 friends. Plus I already give them a 100+ page planner. Aaaaaa I wish I could give away more physical items, I know other campaigns are more successful that way. - Is it obvious that every referral counts as an entry to our Action Bolt Pen giveaway? Thanks so much in advance! [link] [comments]  |
| Posted: 12 Jun 2020 06:14 AM PDT Seriously. Talk to them. Ask them questions. I recently developed an MVP and was reaching out via email to individuals that I thought had the authority to use my product in their work. Was offering it for free since I mostly want the exposure. I got a couple responses that said, "sure, we'll check it out." Then, radio silence. Last night I was pretty frustrated, so I sent out a relatively unprofessional email to everyone I had been email spamming the past few days:
I sent it from my phone so there was no email signature, no intro, nothing except the text you see above, although edited to maintain anonymity. This morning, I got a reply. It was an even longer email than the one I sent, and I won't include a lot of it to protect privacy of the individual, but I'll include a paraphrased snippet:
I had been feeling so down. So spiritless. But now I'm feeling really positive again. Customer discovery is everything, and I really should have done that before even building my MVP. Edit: just got another incredibly insightful email reply! [link] [comments]  |
| For those of you that had a business fail and leave you in debt - how did you recover? Posted: 12 Jun 2020 02:18 PM PDT Hey everyone! Last August my business of 4 years went under. It left me deeply, deeply in debt. I'm 24 but haven't had a "real job" since I was 18. The last 6 years I have been on my own as an entrepreneur. I'm in a difficult position. I've been trying to find a new business to start but it's been tough because of my huge monthly payments on the debt. The last business, while it failed at the end, I had stumbled into and it just slowly took off from there. I can't really spend much time on any one idea if it doesn't generate enough money quick enough to pay my bills. I'm just burned out by it all. I've been doing the unthinkable as an entrepreneur (applying for jobs) but with so little work experience in a real job I've had zero success. [link] [comments]  |
| Fastest way to increase execution skill? Posted: 12 Jun 2020 02:12 PM PDT I am thinking the best way for a ceo that has to juggle different positions until they can outsource them is to 'master' strategy management, and execution. Meaning for marketing I can slowly over many years learn all the little details, but early on the best use of time is to how to manage a marketing strategy, and how to execute and manage digital marketing and marketing campaigns. To be able to pick the right strategy, implement it well, then fine tune, and make the necessary changes. A sort of fluency. Do you believe that strategy management and execution is what you should focus on more than little details? [link] [comments]  |
| How do you drive traffic to your adult website? Posted: 12 Jun 2020 02:08 PM PDT I manage and own an adult site focusing on written sex tips and stories with about 100 daily visitors. Socal media generally does not even let you mention adult content. Even on reddit, most subreddits deny posts from domains except imgur/etc. Although my content is 100% unique, SEO-wise I find it hard to compete with major sites (mostly aimed at women). Any good tips on driving traffic to such a site? [link] [comments]  |
| Posted: 12 Jun 2020 01:56 PM PDT To become an entrepreneur you must be determined and ambitious. Motivation is a social or psychological call to action or an innate drive for success – success requires motivation.
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| 25 with a growing business and don’t know how to run it properly. Posted: 12 Jun 2020 01:37 PM PDT I started a supplement business as a little side hustle. Made a website and stored, packaged, and capsuled everything from my parent's living room. The last few months my products have boomed in popularity, and I haven't been able to handle the increased demand well. I do everything by myself and don't have any employees. I want to hire employees, get a warehouse, and keep better track of inventory but literally don't have a clue what I'm doing. I didn't expect to become this successful so fast and honestly I'm super stressed out. Manually packaging everything was fine when I had maximum 2 orders a day, but now that I hit 12-15+ per day I need to be more efficient. If I hire I need to keep better track of inventory so I know nothing gets stolen or lost. But again, as a first time business owner I don't have a clue how to start. Anyone have any advice? [link] [comments]  |
| How much percent should I expect to lose when running investing? Posted: 12 Jun 2020 07:37 AM PDT I am looking into making my first ever round of investments. I have been looking at people like jeff bezos, elon, etc, who only own about 10 percent of their company. So starting of 1) How much percent should I expect to lose my first run? 2) How much should I expect to have avaliable to the public if IPO? 3) Would investors or crowdfunding be generally preferred? (Personally, I see crowdfunding as more of a markerting strategy as investors can offer so much more than money) Any other thoughts I would love to hear! [link] [comments]  |
| 10 Ways You Can Automate Your HR Process Posted: 12 Jun 2020 01:25 PM PDT What's up everyone, I've come across a lot of businesses in my line of work (business automation and analytics) that spend huge amounts of time with HR (human resources) related work when they're growing. Since a lot of small businesses have unfortunately had to lay off a lot of people due to COVID-19, a lot of small businesses will have to rapidly hire and onboard again once they make it through this rough patch. Automating HR related work really frees up time and lowers costs since you don't have to hire a bunch of people to do it and you don't lose weeks of productivity while a new employee sits idle. The 10 areas you should look at automating are:
Tools you can use for these types of automation are plentiful. Look at platforms like Zapier, Automate.io, Office 365, Quickbooks, Square Payroll, Kissflow, Bamboo HR, and the list goes on and on. You can find more details on each bullet point here if you'd like to read more in depth: 10 Ways You Should Automate Your HR Process As A Small Business (disclaimer: this is my company's blog). If you all have any questions feel free to ask in the comments or over PM, I'd be happy to help guide you. [link] [comments]  |
| I would like to start a sunglass retail business. How can I get started? Posted: 12 Jun 2020 01:20 PM PDT 4th-year college student here. Looking to startup a sunglass retail business with a focus on men's sunglasses. Would ideally like to market aviators to the college-aged crowd. I don't know much about running a small business but would like to get some advice. I should also mention that I plan on joining the military after college since that could get in the way of planning.
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| My new passive income strategy Posted: 12 Jun 2020 04:32 AM PDT Hi! I posted once or twice before asking about different strategies to get some clients for my website creating business. I tried different approaches: email, phone, Facebook pages Messenger, etc. The majority of responses were either "I don't need a website rn" or "I don't have the budget for a website". So, I needed to find a way to make affordable websites for people who need a website. So, I found a very nice set of components that go well with most companies. I made a message explaining that I was offering a website for no initial fee, but a 25$/month fee to keep the website online. (so it pays hosting and I make a profit) Basically, I tell them: "I'm making you a website with a template, you pay me 25$/month for hosting and my services for minor changes". I'm quite happy with this strategy. First of all, the hosting is free since I use Netlify. Then, it takes me only 1-2 hours to make a website for a customer. I usually charge 25$/hour, I make at least 250$ of pure profit per year per website. They are all aware that I make the website with a template and nobody complained. I got a few interested, so it has been a great birthday gift for my 17 years. I know this is probably not sustainable, but for the moment, I am quite happy with what I will have. Probably enough to pay for my studies since I have a summer job. I think it's a great solution to make people pay for a website even if they don't have the budget for a full website. [link] [comments]  |
| Tripled Google Search Impressions with Landing Pages Posted: 12 Jun 2020 12:42 PM PDT Up until a couple of weeks ago, our SEO sucked! Something that hadn't gone unnoticed by Google. Apart from the keyword "VReel" (which is our name) we didn't have any keywords that ranked us in the top 40 search results. We generally had less than 30 impressions per day from Google searches and less than 5 clicks. However, a couple of weeks ago I decided to follow a strategy that an advisor gave me. To create long tail keyword landing pages, i.e. vreel.co/free-drone-footage We're a platform for drone stock footage, most of the videos are licensed for a fee but we do have a free resource to generate top of the funnel leads. Therefore, it made sense for us to create a landing page around the keywords Free Drone Footage, Free Stock Video, etc. We launched four landing pages on Tuesday and I immediately made sure they were indexed (using search console). Three days later, I checked the stats and impressions for those days had been a combined total of 736. Up from around 30 a day! We also ranked in the top 40 results for most of our keywords! Clicks were up but not significantly, so next I'm focusing on backlinks to help this strategy further and push VReel up the search results so we can start generating more clicks through to the landing pages. Has anyone else had success with this (or similar) strategy? What about some other strategies that you would recommend? Would love to hear them. [link] [comments]  |
| What's the best bank to use for a starter business? Posted: 12 Jun 2020 12:21 PM PDT |
| Posted: 12 Jun 2020 12:14 PM PDT Hello, I am in the process of finding a programmer for an test version of my idea. Since I'm not a programmer myself all I need is someone who can, (at a beginning) make me a simple and easy test version of my idea (PM for further details) - If you find yourself worthy the task send me a PM. The idea is based within the frames of Real Estate, and should not take to long to program as a test version. [link] [comments]  |
| Found a person giving one-on-one apprenticeship for AirBnB & Turo business - how can I vet him? Posted: 12 Jun 2020 12:03 PM PDT I found a person via a small, local FB group that is starting an AirBnb/Turo apprenticeship type program - basically for $1,000 (paid in installments over 6 weeks) he is offering to teach how to make passive income from an AirBnb and/or Turo business. He does not own any of the homes or vehicles, rents/leases them all. My brother makes his living from AirBnb's so he's given me some advice (see his earnings statements, etc), but if I'm going to start this program and pay $1,000 I have to know it is 100% legit and will work (provided I put in my part of the work). I want to go meet him face-to-face for coffee and talk, get a feel for him, etc. If he feels shady I will decline....but how else can I vet him? Thanks in advance, all. EDIT: On one hand - I fully get the skepticism and realize this could be a total scam......but on the other, don't most people stay poor/broke, or at best middle-class their entire life because they are too afraid to take any risks?! I dunno, maybe this isn't the best example, but you guys get my point I'm sure. And yes, $1000 is not chump change, but it isn't my life savings either. Assuming dude is legit, he's probably doing this because of the financial hit he's taken from Covid. [link] [comments]  |
| Are you an Entrepreneur who conducted market research before you launched? Posted: 12 Jun 2020 11:51 AM PDT Small business. I'm looking to collaborate with someone to gather primary and secondary research for a retail supply store, in the baking category. Feel free to message me if you want to share how you got it done or if you have market research experience and are looking for a new project to work on. [link] [comments]  |
| Want to start company in the US Posted: 12 Jun 2020 11:50 AM PDT Hey guys, I'm from Scandinavia and looking to start a company in the US (for dropshipping) as the rules in my country are a bit crazy and it unlocks some possibilites I don't currently have. Does anyone have some experience with this? I know there are many sites, but I don't know where to start or which is best. I understand that Wyoming & Delaware are popular states to do this in? Thanks in advance! [link] [comments]  |
| Helpful Engineering hackathon foccused on Covid and Systematic risk Posted: 12 Jun 2020 11:38 AM PDT STARTS TODAY! Helpful Engineering's Weekend Friday, 6/12 - Sunday 6/21 Join us for a 10-day sprint to create tools to help the world during and beyond. Sign up here for the Hackathon: https://www.eventbrite.com/e/helpful-hackathon--tickets-106035535140 https://www.helpfulengineering.org/ Come Join our community Slack and get hacking [link] [comments]  |
| What are some key skills / concepts I should learn? Posted: 12 Jun 2020 11:35 AM PDT I'm making a list of stuff to learn and I wanted to know what you'd suggest. Stuff like, bookeeping, SEO, marketing...anything like that, which is universal for a small business but really any business I guess. Thanks [link] [comments]  |
| Starting a business with a friend as a cofounder Posted: 12 Jun 2020 05:16 AM PDT So I recently started to work in a window cleaning company to make some money for the business that I wanted to start and that's where I met Gabriel, my coworker. We work together all day long and since I go with him in is car each day to go to work, we both realized that we both share the same ideas and that we both want to be entrepreneur. He's 19 and I'm 17. But he's got way more experience than me in marketing and he's more of an extrovert and I'm more on the introvert side. But I would consider that I'm better at all the social media and with advertising. It been 3 weeks since I knew him and we both plan on going in appartement soon and we both agreed that we could be roommates. My question is this: Would starting a business with my friend Gabriel be a good idea since we both have different strengths and weaknesses? [link] [comments]  |
| Posted: 12 Jun 2020 10:50 AM PDT We built a product for a B2B use-case but then realized there's a potential opportunity in going B2C too. For example, if you're interested in getting daily notifications for the top people, companies, or locations for "bitcoin" for the last week, you can get that. We will fetch all news articles on the internet which are related to "Bitcoin" for the past week, and extract the most interesting people, companies, and locations from that along with the news, and we can do that for any keyword and any keyword and industry on the internet. I was thinking maybe setting up a weekly newsletter with the top 10s for some selected keywords like "bitcoin", "COVID-19", "twitch" and stuff like that, and the user could come and subscribe to top 10s for Bitcoin weekly. Would it work? I'm open to all kinds of ideas. Thanks [link] [comments]  |
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