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    Monday, July 6, 2020

    NooB Monday! - (July 06, 2020) Entrepreneur

    NooB Monday! - (July 06, 2020) Entrepreneur


    NooB Monday! - (July 06, 2020)

    Posted: 06 Jul 2020 06:12 AM PDT

    If you don't have enough comment karma here's where we can help.

    Everyone starts somewhere and to post in /r/Entrepreneur this is the best place. Subscribers please understand these are new posters and not familiar with our sub. Newcomers welcome! Be sure to vote on things that help you. Search the sub a bit before you post. The answers may already be here.

    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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    A successful person is meeting me today about developing an app. I have never developed an app, but I have done websites. Thinking about outsourcing this out to someone. Who all can develop an app and have it available to download through the App Store?

    Posted: 06 Jul 2020 05:37 AM PDT

    I work for a construction company. I'm pretty good at tech related stuff. One of the owners recommended me to one of his rich buddies about developing an app to help keep score during his golfing sessions. I don't know really anything about golf but I'm looking for some developers that could potentially do the work for me and in return I'll ask the man what I need to compensate said developers.

    I'll have more details to share later but like I said, it probably won't be extreme but more on the simple side.

    submitted by /u/TheGameGuyy
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    Profits Revealed: $600k+ Revenue E-Commerce Brand

    Posted: 06 Jul 2020 07:19 AM PDT

    Hey everyone, Dave Nash here. Today I'm going to pull back the curtains on the operations of my e-commerce brand. I know that /r/entrepreneur hates when only revenue is posted so I'm going to give you the real behind-the-scenes numbers of a profitable ecom operation. It was founded in Feb 2019.

    We're based on Shopify and use a variety of apps to sell our products online. My products come from China and are imported to the US. The inventory is stored at a 3rd party logistics warehouse and they ship out the orders for us. Most of our traffic comes from Facebook and Instagram ads, with a small chunk from email/organic/snapchat/google.

    For this post, we're going to focus on operations for the month of June. Let's get right into it!


    UNOFFICIAL PROFIT/LOSS STATEMENT JUNE 2020

    Revenue: $76,599.15

    Returns: $7,113.79

    Payment Processing Fees: $2,474.57

    Net Sales: $67,010.79

    COGS: $25,990.53

    GROSS MARGIN: $41,020.26


    Operating Expenses:

    Marketing-

    • Facebook Ads - $19,877.63

    • Snapchat Ads - $406.56

    • Google Ads - $651.94

    • Influencer Marketing - $695

    • Klaviyo - $175

    • Liverecover - $199

    Accounting - $450

    Shopify Plan + Apps - $60

    G suite - $20

    Employees - $1500

    Photographer - $1035

    TOTAL EXPENSES: $25,070.13


    NET PROFIT: $15,950.13

    Profit margin = 20.8%


    This is a pretty standard e-commerce company P/L I believe. Most brands try to stay between 15-20% as their benchmark depends on where they are at in the marketing cycle. You might drop to 10% if you're doing a lot of growth and awareness marketing, or 30% if you're at a contracting/stabilization stage where you're actively cutting underperforming marketing channels and riding out your winners at a lower volume.

    You might be wondering why we had such a high volume of returns (9% return rate) - it's because our inventory took way longer than expected to get from China to the US and we had to refund a ton of customers that were not comfortable with the wait time until we were restocked. Without the returns from April/May orders, we would be at 27% profit margin retroactively applying a typical and historical 3% return rate.

    Please let me know if I missed something - my accountant is still closing the books for June (he took off for July 4th) so I may have not included some smaller expense accounts.

    Drop your questions in the comments about our operation if you have any, and as always, thanks for reading!

    If you had any personal questions feel free to DM me on IG (not on reddit please, the UI is terrible). Or you can visit my blog to see more in depth posts about my brand. I'm extremely transparent with the growth and process of it and would love to invite you guys on the journey of scaling this thing to $1M+ revenue.

    submitted by /u/shffldair
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    Build to learn - tame your shiny object syndrome.

    Posted: 06 Jul 2020 07:39 AM PDT

    It sounds simple, yet, it's challenging.

    "Build to learn."

    It's a fantastic tool for chaotic minds.

    A way to benefit from your shortcomings.

    If you ever fell for the shiny object syndrome (chasing new cool thing, instead of focusing on the present project), then this is for you!

    And the best part - you can turn it to your advantage!

    Turn it to build momentum, to become a better, wiser, fuller person.

    When you fell for the shiny, new, better idea, you could've gone through the guilt and growing anxiety for not finishing things.

    For some of us, this could end up in depression or/and quitting the whole "maker" realm.

    In this post, I will provide you a valid solution to make the most out of the shiny object syndrome. If you have it, at least you can get something positive out of it.

    The method, disguised under many names, sometimes called "build to learn," "build to fail," "ship to learn," is meant to make the most of your nature of jumping between the projects.

    It's also a way for you to grow as a builder and founder.

    I first started flirting with the idea independently - then, I found out that there is a micro-movement of sorts doing the same.

    Two main places are hubs for this, New York and Silicon Valley. Only there you could try to hack success and look for possible anomalies to benefit from, and still get support from your social circles!

    It's evident that financial capital (New York) is much less flexible about it (cross the border and you are gone) than Silicon Valley (cross the border, let's hire him, he might know something we don't).

    And then, culture and social conveniences are limiting this movement elsewhere, causing people to quit.

    Sadly - if you are from outside of those areas - how can you explain to people around that success is not your goal, and failure is acceptable?

    It's easy to treat people trying this method like fakes or daydreamers.

    When you go to college and spend 3-5 years learning, then you are a smart person.

    If you do the same, but in real life, you might be seen as an outsider.

    Let's get to the point, though!

    The idea is quite simple but might be tricky to pull it off.

    It's based on you abandoning the goal of achieving success while focusing on educational aspects.

    To create projects that you will stretch and experiment to gain knowledge with a slight chance of success.

    So next time you see great opportunity, instead of wondering how you can ride it to the top, wonder what you can get out of it short term.

    Will it give you more knowledge?

    If so, then how?

    Is it worth "educational" wise?

    Will you learn new tech/marketing/business knowledge that would be difficult to obtain otherwise?

    The worst part of working on a project and then quitting it is to get nothing from it.

    Sure, we can read a lot of post-mortems, but many say the same things. They ignore the whole process and often end up in a cliche, like "a startup doing exactly this opened at the same time."

    And how can you learn from reading the same things over and over?

    Going through the process while closely observing everything that happens is key to extensive experience.

    Practical knowledge always beats the theoretical.

    "Build to learn" is about being practical - using theory as a ground, and then build using practical knowledge.

    But instead of building a castle, or a palace, we create a set of small constructions first to learn the basics.

    Once we can handle the basics, we move to more advanced stuff.

    Sooner or later, we will be building the mentioned castles!

    If you think you might end up building dozens of projects in search of your success story, you might accept that instead of lying to yourself, and get the most of it.

    There is nothing worst than wasting your talents on something meaningful.

    Try to push forward; you might finally realize what your real goal is. What's behind your deepest intentions.

    "Build to learn" is meant to fuel your creativity, not to kill it.

    The first step of it is to put a clear goal:

    "I build this to learn."

    Assume that trophies and achievements are secondary goals.

    After all, every major player like Mark Zuckerberg, Steve Jobs, or Richard Branson started with small projects (sometimes failing), then used the knowledge to build something big!

    Force yourself to break your ego-infused box and look outside of it, to see what are real reasons for you to fail. Learn and keep trying to understand the events happening around you.

    You might find out the shortcomings that were unnoticeable!

    With this reasoning, don't be afraid to keep trying (as long as you won't bet everything on it). Fail, embrace the knowledge you get from it, grow your own self, and be a better person.

    Don't fall in the trap of glorifying the failures though - praise the experience instead.

    Don't build another shiny project to be the next unicorn company. When you are ready to make the next big thing, you'll know it (and feel it). There will be no guessing, no wondering (at least in the way you see now). There will be calculation and logic behind it.

    "Experience is simply the name we give our mistakes." - Oscar Wilde.

    World culture is critical of repeatable failure, even for a good cause.

    Fail once - at least you tried, fail twice - you are a fool.

    The social pressure is probably the most challenging part of this method.

    If success (or at least how people perceive success) is not achieved, you will be labeled as an outsider or even a loser.

    Missing a common goal (becoming wealthy) is perceived as an overall failure.

    You cannot really translate the perception of failure to make it look normal.

    You risk getting your close ones to be skeptical and even cynical of your journey. In extreme cases, I know situations where close circles would turn aggressive against the "rule breaker."

    The more "failures" you "achieve," the more negative the overall attitude of the society around you will be.

    It's not an easy road, but it's fruitful, to say the least.

    You can achieve a level of understanding, where you will see ALL the mechanics behind the money-making machinery.

    There are some risks when doing this method (as with everything).

    Do it for not long enough, and you can get overconfident and biased.

    Do it for longer than you should, and you will need months to get out from the trap of setting yourself impossible challenges.

    Out of around dozens of people following this method (that I knew directly that is, I assume there are thousands globally), only a few completed it.

    Some of them quit due to social pressure (even from their partners). They still got something out of it, and all but one run a small business now (they are unable to scale/grow though).

    The rest created profitable companies, often one of the key players in their industry.

    From the original group, I was the one that took the longest to complete the road. This is because of the opportunity given to me. My partner was studying, so I did not need to focus on sorting our life as of yet. And I felt that I needed to learn more (programming, viral growth) and to make sure that my ego is under control. I needed more time because my whole life was bumpy, and I thought that some scars could affect my business sense.

    I did miss a deadline, though, where I could complete this process without the substantial side-effects.

    I knew from conversations with others that by doing this method for too long, you would need to unwind. I thought it would take 2-3 months, but I am in my 9th month, and I feel that I need 2-3 more. Don't get me wrong, I still make money online, but focusing on a small project that's growing slowly is critical to prepare myself mentally for starting massive projects.

    I am working on Almost Cake, which quickly turned into my full-time job.

    Almost Cake is a reanimation of one of my old build-to-learn projects that performed well. This is another excellent part of this method - you have a set of field-tested projects, where some might prove to be moneymakers when you decide to come back to them.

    It took me a few years, and over 30 projects completed to get where I am now, but as said, I did the extreme version of it.

    One of the guys that now run a massive operation did 4 "build to learn" projects and spent 1,5 year before he moved ahead (he had some business background though).

    Another person with no business experience and with no business-oriented parents completed it with 7 projects and 3 years. He now runs a company that's one of the USA's leading players in his niche.

    So, it's hard to say how long you need this run, but the timeframe should not be of the importance here.

    The whole point of this method is to tame yourself and start getting somewhere with yourself.

    The key concerns of "build to learn" are:

    -Can you finish the project before you get bored of it? Don't invest in long term projects, when you have a track of abandoning them. You don't need to ship the product or make thousands of dollars. Focus on your initial goals first.

    -Can you determine small goals before starting to work on the product? Can you identify a few realistic things you want to get out of this project?

    -Will working on this project help you to move forward in a space you want to? If you will learn things you don't feel you need, then maybe it's better to focus elsewhere for now.

    -Do you really need to work on the project, or should you turn around and do something completely different? Something that is far beyond your comfort zone?

    -Do you have significant chances of achieving your goals with this project? Try not to pursue goals that you assume you will fail. You need to take care of your mental health and not put to much strain on it.

    Using the "build to learn" method should not become an excuse for you failing to ship. Either you build to learn, or you build to achieve something. You should never go in the middle of the project and say, "just kidding, I was doing it to learn."

    Sure, if you are already in the middle of the project, then change your goals. But don't do this for future projects. Otherwise, you might lose the ability to ship ever. You will always be hiding behind the "it was just a project" excuse.

    So here is an example of goals I would set for myself when working on a project:

    -learn about the branding niche

    -create a solution that relies heavily on JavaScript (whenever possible)

    -build a simple theme from a scratch

    -research affiliate programs for monetization, learn more about making money as an affiliate

    -try to get your first conversion

    And that's that. I will follow achievable goals, focus on growth, and learn. All the goals are somewhat easy to achieve so that I won't get stuck somewhere.

    Once I get through those goals, I can either continue with the project or scrap it for another shiny object without feeling guilty.

    And down the road, I will get to the moment when I will say "enough" and build something great.

    I hope this can help people that are jumping projects often and cannot settle. I managed to settle on Almost Cake, which is a transition project (for the next few months until I will start slowly working on something big). I encourage everyone having difficulty sticking to one thing to start writing a list of small goals whenever starting a new project. Good luck!

    submitted by /u/bartboch
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    How do you get people to your website?

    Posted: 06 Jul 2020 09:26 AM PDT

    Any kind of site, how do you get people to it?

    We're having a moral dilemma selling on Amazon, but 90% of our sales come from Amazon. We want to stop selling on Amazon but can't as it would put our employees out of a job. We are a manufacturer with a popular gift product. It sells well on Amazon, but we can't get consistent sales on our site. We have tried FB marketing and direct response marketing but we are never ROI positive. Our site converts between 2% and 4%.

    About Amazon, we always believed that since we made good money on their platform the way they treated us, other sellers, and their warehouse workers was okay. After a few more issues from them hurting us financially and seeing how they treat their own workers we no longer want to sell on their platform. But again, we would hurt a lot of people by stopping cold turkey.

    submitted by /u/nailsandproof
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    Which Seems Like The Best Airline Markets

    Posted: 06 Jul 2020 09:06 AM PDT

    Before I start I want to say im not looking for criticism or doubt. I know aviation is a tough industry to get into and they are known for doing things that loose money to make money. Thats not the point of this, Im here because I realized markets with huge gaps that would be easy to exploit and grow and because I want to reach my goal and dream of starting my own airline. Im still working on a buisness model but its going to be something of a Southwest and Spirit airlines hybrid. The following cities are markets I found to be rapidly growing or have high potential due to past hubs located there so I wanted to know which seems like a good market to tap into.

    Austin TX, AUS - Fastest Growing US City, Metro population of around 2.2 mil. Multiple unserved destinations served by Dallas and Houston throughought North America. Could also serve the San Antonio Market.

    Raleigh NC, RDU - Metro Area one of the fastest growing, Metro pop of 1.21, ex American Airlines hub (replaced by CLT), Has and was a major NA and Carribean market, Bank City.

    Nashville TN, BNA - Metro area of 2 mil, Could compete with ATL and CLT, has potential to be a huge lesiure market, ranked 4th best city to start a buisness

    San Jose CA, SJC- Biggest Bay Area City, Compete with SFO, targets residents who live there who dont want to drive to SFO, possible Asia/Hawaii/Mexico market.

    Thanks for any input you have!

    submitted by /u/iAvgeek737
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    What can I do with a business analysis that I made for a former client?

    Posted: 06 Jul 2020 11:49 AM PDT

    Backstory:

    I was working as an Executive Creative Director for a Car Service chain, and to help myself with the scope of the work I made a quite complete SWOP of the business that started from the basic analysis itself, and from these results went through the whole marketing potential of the existing services and how to improve them, development of new services, an analysis for new markets and their development, brand direction, optimization of the services and logistics of the different processes and product placements, and some interior design according to standards. Basically I could had opened and structured my own business with that lol.

    I never presented this to the business owner (since he didn't paid for this, and didn't wanted to deal with the "I should have access to stuff about my business that I pay you for") and was just slowly applying everything to save me time in meetings, brainstorms, etc.

    After the COVID thing impacted the business, we had some differences with the owner due his disregard to workers safety and decided to quit.

    Problem:

    Now, I have this bunch of ideas and data from the work done in this analysis, that I have no more use for, and would like to know if I could somehow offer it as separate products/services for similar local businesses (there are quite a bit of them in the city, and most have no idea what potential they are missing).

    However, I never dealt directly with any of the consulting fields that the analysis went into (basically it was stuff that I knew from my former engineering and project management education) , so I have no idea about how could I structure this or separate in several services to offer potential clients.

    Any suggestions with this?

    Thanks!

    submitted by /u/QuartzPuffyStar
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    Great books that give advice on how to reach your first customers?

    Posted: 06 Jul 2020 01:47 PM PDT

    I'm interested in a practical book, that has actual advice on reaching first customers and building a relationship with them.

    Did anyone read something like this?

    submitted by /u/canarysplit
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    Redditpreneur, how can one start over after losing one's investment to scammers?

    Posted: 06 Jul 2020 04:21 AM PDT

    It took a while to build a business from cradle. It is so encouraging to see how one's dream turn to reality. year after year, the business boomed.
    Now the storm has hit the ship like the titanic wreck, it got swindled through a scammed system.
    How would one get to start over after reaching the top?

    submitted by /u/MikelPompey
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    Note to self: Slow launch is better than no launch

    Posted: 06 Jul 2020 11:58 AM PDT

    I came to this realization yesterday and thought that these words might also help some of you. I was getting discouraged by only spending a few hours per weekend working on my latest idea, but then realized that it's better than my usual "grind out the concept for a couple of weeks and then let it die" routine. It's close enough to my "day job" that at this point it's draining to spend too much time on ramping up.

    Don't beat yourself up for not moving "fast enough." You're doing fine.

    submitted by /u/MR_Weiner
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    What's your decision making process?

    Posted: 06 Jul 2020 09:41 AM PDT

    I've recently come to a crossroads in terms of how to brand the product that my (hopefully) soon-to-be business will be built around, and I found myself at an impasse. I'm very quick with split second decisions, but I almost always find myself stalling with mid to long-term decisions.

    So this got me thinking, what's your decision making process, if you have one at all? Do you have a set of rules and processes you stick to, or do you just 'go with your gut'?

    submitted by /u/ThatRantCasey
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    Exposure to liability in LLC

    Posted: 06 Jul 2020 11:49 AM PDT

    Hiya,

    I'm in the process of starting a LLC, and understand that if you pierce the corporate veil, your personal assets may be open to taking. The question I have is if I'm a dependent, still living in my parent's house, but older than 18, are my parent's personal assets open to taking, or is simply mine, which is pretty much nothing?Basically can my parents be exposed to any liability if my company is sued and corporate veil is pierced?

    Thanks

    submitted by /u/Commercecommerce
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    How to write copy for landing pages? Copy that is easier to read than to ignore? Here's a useful copywriting template

    Posted: 06 Jul 2020 11:05 AM PDT

    New side project thingy I built for fun during my free time last week.

    Sharing it here with you all because it might be useful to other founders, indie makers and bootstrappers.

    It's called Copy Ipsum and it's a webflow HTML landing page template that comes with copywriting guidelines. So you can write your landing page copy 2x faster - even if writing isn't your thing.

    But there's one thing you should know about Copy Ipsum before you give it a try. Copy Ipsum wasn't built by a coder or designed by a pro graphic designer. I'm a marketing guy and copywriter (and also an entrepreneur bootstrapping his own products), so don't expect shiny clean code and perfect variable/function/class names. Or flawless design.

    The way how I structured the Copy Ipsum's copy is based on thousands of hours studying ads from the best copywriters in the industry. From Bill Bernbach, to David Abbott, John Caples or Tom McElligott. And also from my experience writing copy both in ad agency roles and startups I co-founded. And also writing web copy for hundreds of different clients all over the world (I run a small copywriting agency).

    Hope it's useful. 🙏

    submitted by /u/kervokian
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    Deposit for appointments (e-commerce)? Does anyone do this? How do you approach?

    Posted: 06 Jul 2020 02:07 PM PDT

    I run an online plant shop, and often people want to come pick items in-person, without pre-paying.

    I want to implement a system where the customer pays $5 or $10 to book a 30minute window of time. This achieves a few things:

    1. I need a way to organize when people intend to show up. I'd like it to show up on my calendar.
    2. The deposit can be applied to final balance when they actually come.
    3. It cuts down on people not showing up - losing money is an incentive to follow through.
    4. The deposit is forfeited if they cancel and don't reschedule within 48 hours.

    The issue is that I am trying to implement this on an e-comm platform. I haven't decided on shopify/woo/ecwid yet, and it's mostly based on figuring out who can do these things. I have set things up in zapier/calendly, and think I have that end mostly figured out.

    But, in general...is this a terrible idea? Will it make people mad or not want to come?

    submitted by /u/thesucculentcity
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    Best integrated booking service on a website?

    Posted: 06 Jul 2020 01:28 PM PDT

    Hey team,

    I'm looking to build my website that has an integrated booking system for a service (i.e. time, price, integrated checkout, coupon options). Which platform is the most cost-effective way to do this?

    Thanks in advance!

    submitted by /u/matthew77277
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    Where do you find a group of like minded individuals?

    Posted: 06 Jul 2020 01:18 PM PDT

    I am quitting my job (last day is Saturday) and it's my first job I've considered part of my career. I had a chat with my manager of the store and his one piece of advice to me was to find a good group of people I could "bounce ideas off of" and "be a support system professionally".

    My best friend also works at the same place I do (different location) and in our group is about 3 other girls. Basically they're my only friends or people I talk to really outside of work.

    Idk of my friends are appropriate people to be using as such. But where does one find a group like this?

    submitted by /u/runningwithpenguins
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    I've found that working/studying along with someone helps you with your focus

    Posted: 06 Jul 2020 01:16 PM PDT

    Especially now, when many of us are working at home, I figured that some of us can find it hard to focus and be productive when we're alone and working/studying at home.

    I thought that a work/study with me piece could help you find your flow. This is a 25 minute timed Pomodoro Session with chill music. I know I could use something like this. Hope this helps.

    https://www.youtube.com/watch?v=e2OnrrFSeCA

    submitted by /u/Chellz93
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    Pitching to Investors Advice

    Posted: 06 Jul 2020 01:15 PM PDT

    Hello all,

    I have an idea for a new business idea that will be internet based and produce long term profit with little in person input once it is set up and running.

    I would like to get a little advice on pitching this to investors in the future. I have decided it is probably best for me to fork over the money personally to have the website made, get it up and running and then pitch it to investors by showing them the set up and how it will work. This is opposed to pitching the idea to investors and using the money to build the website.

    What sort of things should i have organized to pitch to the a potential investor if there are currently no sales (no need to chime in with "sales first" comments, i will need investors to run advertising campaigns)?

    Thanks in advance!

    submitted by /u/Ragingbull1414
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    I've never had a problem with Alibaba. Am I just lucky?

    Posted: 06 Jul 2020 12:19 PM PDT

    I do small orders for various reasons. I usually search for the product, choose a cheaper option, and contact the seller. Many times they have sent a Paypal address to pay and a few weeks later my order arrives.

    I only deal with bulk orders of relatively common products and sellers with quite established profiles. Is that all there is to it? Any pro-tips? What horror stories are out there?

    submitted by /u/s-c-i
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    Launching on Kickstarter and ranking on Amazon! How do I solve this puzzle?!

    Posted: 06 Jul 2020 11:46 AM PDT

    Hey all,

    This one has been really puzzling me for a while, I am planning on launching my product on Kickstarter, initially the idea was to simply use Kickstarter as a platform to secure pre launch sales with a Facebook group audience, that had been engaging and building trust with the brand.

    The plan was a bit crafty and I was going to be totally honest with the facebook group and explain to them that when they pledge on the kickstarter they will also be required to pay full price for the product on Amazon on launch day and then immediately get a full refund for the Amazon payment, This way:

    1. the pre launch sales are locked in
    2. the product gets the ranking from the sales (that I have put tons of work into through the Facebook group members that get directed to the kickstarter)

    However I have since realised that Kickstarter gets an absolute ton of traffic in its own right and it would be a huge waste not to market to that traffic as well, however this DOES NOT fit with the original plan, as although the 'pay on amazon then get refunded' would work with the Facebook group (they are rooting for the brand, and have built up trust and engagement for 3 months), it would look totally unprofessional with a cold Kickstarter audience. So buying on Amazon on launch day then getting refunded is now out the window.

    This leaves a blank in the plan, I'm determined to have a big big launch on Kickstarter (fuelled by Facebook group members and Kickstarter traffic alike), but also must have Amazon ranking one way or another. So here are my questions:

    **Can the Kickstarter rank the Amazon listing?**I understand MCF from Amazon will not rank, but is there another way?

    **Is there a way to rank on Amazon independently of Kickstarter?**I don't want to give a load of free products away when I have just made all the people on the Kickstarter pay. But is there another way of doing things?

    Do I just take the non Amazon ranking on the chin and hope that the off-platform brand awareness will drive sales and replace the on-platform ranking?

    Is this less of a problem than I think it is?

    Loads of Amazon products start on Kickstarter, it just seems like a real waste to not get any ranking for it, after all that is at the core of getting a product on Amazon. I know some brands do a Kickstarter when the restock an existing product but this does not tie in with the idea of generating pre launch sales from the Facebook group using Kickstarter.

    Any help with this would be super super appreciated! I may even send a thank you gift if it can all be put together.

    Thanks.

    submitted by /u/Flewizzle
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    Anyone looking for Accounts software

    Posted: 06 Jul 2020 11:42 AM PDT

    I have seen a lot of threads here around looking for accounting software for a company to use. I always recommend Freshbooks as that's what I use and I will always recommend.

    I have gone as far as to create a walkthrough of the product https://youtu.be/RZj7W_Qde8Y have a look and be gentle with the comments as I did it in one take.

    submitted by /u/buildmyunicorn
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    Having trouble getting the first few clients

    Posted: 06 Jul 2020 11:32 AM PDT

    I'm having trouble finding the first clients. I'm scanning photos. I've scanned about 9 of my mom's photo albums. I'm scanning a friend's moms' photo albums at the moment.

    I got my mom to make a Facebook post about me wanting to do it for others and she posted some examples. It got traction but scanning people's photos takes a lot of trust. Plus, people don't want to get their photos out of their closets. It is a pain.

    But I do good work and at the moment I'm charging close to nothing. Once I make a little money I'll be able to get museum level equipment and that's when I'll really be able to advertise and go after people. But I'm having trouble getting the first 10 customers to practice, start to get the word out, etc.

    Thoughts?

    submitted by /u/heyhihelloyo1
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    Anyone running a Custom/Bespoke Tailoring business?

    Posted: 06 Jul 2020 10:27 AM PDT

    Looking to pick someone's brain currently in the custom tailoring or bespoke tailoring industry. Something along the lines of folks who take measurements/select fabrics and have custom clothes made for clients. I'm familiar with the ins and outs at a high level, but would like to dig a little deeper.

    submitted by /u/rawj
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    Best way to display customer terms of service before accepting payment?

    Posted: 06 Jul 2020 10:23 AM PDT

    We use Stripe for payment processing, but we currently do the terms of service through DocuSign. What's the best way to integrate it as a "checkbox" ideally into Stripe. I was looking at some 3rd party integrations into stripe but thought to see if there was something people recommended.

    submitted by /u/SDboltzz
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    Would you take a lower paying job out of college if it was better aligned with your entrepreneurial vision?

    Posted: 06 Jul 2020 10:16 AM PDT

    Say in 5 years, the difference would be making 70k vs 200k? Would you take a job out of school, knowing you were going to be compensated way less overall, but gain much more knowledge that might be very useful to you as an entrepreneur?

    submitted by /u/WritingGold
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    Looking for a simple sideline and I need advice from you guys.

    Posted: 06 Jul 2020 10:14 AM PDT

    My house is located on a busy street and I'm looking to install a nice looking board in front of it. What would you guys think would easily sell just by advising with a board? I thought worms (fishing) but I would like to know what you guys would propose.

    submitted by /u/DeusConsilium
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