Wantrepreneur Wednesday! - (July 01, 2020) Entrepreneur |
- Wantrepreneur Wednesday! - (July 01, 2020)
- I’m so happy of what I have achieved so far (7000$+ in profits)
- No, 2020 isn't over yet. Here we're in the second half of 2020
- Fiancé left her corporate job this week to start her dream!
- Why is Clothing Brand Merch a Bad Investment for entrepreneurship
- Premium Niche Domain That IDK What To Do With
- Why do we still have patents...
- Going from prototype to production
- What are some problems you've faced when creating a remote team?
- Finding Hungry Friends
- 6 tips to hosting value-packed, relationship-building virtual meetups
- How did you grow your agency?
- Anyone ever thought of a simple product they weren’t really passionate about and launched without huge SM build up or anything like that? Straight to website sales + ads?
- Government contracting opportunities -- is it possible as a small shop?
- Question for business owners. If someone walked into your business, presented themselves in a tidy and professional manner, and wanted to discuss whether you were hiring / could they leave a resume, would you see this positively- or as an annoyance? Would you be likely to give them a job,
- Event Venues, have you been able to do anything?
- How do you make first contact with a potential large supplier, especially in early startup?
- TIL in 2009 a user called Tai Lopez "The most unscrupulous Dirtbag on the planet" After being scammed by his dating websites
- How to Calculate Startup Capital Investment to Ownership Equity%?
- T-shirt company
- How do you find people with passion to start a business with?
- I made it to the front page of HackerNews after 3 days of blogging, 6822 total views & 4279 podcast downloads, top 20 | Here is how
- ��Excited to finally get started!
- Seeking sales development individuals for a genetics private practice. Where to start?
- Stop writing code. Your startup will thank you.
| Wantrepreneur Wednesday! - (July 01, 2020) Posted: 01 Jul 2020 06:13 AM PDT Please use this thread to ask questions if you're new or even if you haven't started a business yet. Remember to search the sub first - the answers you need may be right at your fingertips. 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’m so happy of what I have achieved so far (7000$+ in profits) Posted: 01 Jul 2020 09:04 AM PDT Hey! Not long ago, I posted a little bit on each subreddit to get advice on how to start my little web dev business. I got a lot of help and some people telling me it would never work since I was only 17. Well, it's working pretty well so far. At the beginning of June, I got a part time job at a retail store while working on my side business. My goal was to not work a "real job" and to be as independent as possible during the summer. I thought it would never work, but I surprised myself. One month later, I have enough contracts to say goodbye to my job. I have a 4000$ contract for à React component with a financial tech company, a 1800$ contract for a website linked to a CRM, a 750$ and a 500$ contract for classic websites for small business in my area. I also have other small contracts of less than 500$. I am very happy because just with the 4000$, it will be more than my whole summer with a full time job. Only downside: I must work 200h to get it. If I had known I would have all the other contracts, I would probably not have taken the 4000$. Well, it's too late. Most of these contracts happened by contacting the business directly and offering them my services. The only one where I got approached was via a real life contact who wanted me to work with him. Anyway, I just want to tell to the young entrepreneur: even if it seems impossible, even if people tell you that you won't be able, even if you believe you won't be able to do it, keep trying. Before getting these contracts, I got constantly people telling me they weren't interested at all. Interact with people, ask questions, get yourself out there. Even if it doesn't work, you will have learnt how to deal with rejection. On my part, I might try to get more than 10k$ this summer, just because why not. I don't want to go higher since I would have to pay taxes. If you have any other questions, let me know! [link] [comments]  |
| No, 2020 isn't over yet. Here we're in the second half of 2020 Posted: 01 Jul 2020 03:32 AM PDT You're reading this means we should be grateful for being safe and in good health and also take away some important lessons we learned. What lessons?
Last, but not least,
2020 marks the beginning of a whole new era. It showed us how resilient we're individually or at the company level. So, make the most out of the next six months because "No, whole 2020 is not going to be the same" Every crisis brings along opportunities in some or other way. Be grateful, help others, and let's bounce back stronger with these takeaways I pray we all have a Happy, Healthy, Peaceful, and an opportunistic year ahead. Be grateful https://www.youtube.com/watch?v=7GtuZSuKEvc [link] [comments]  |
| Fiancé left her corporate job this week to start her dream! Posted: 01 Jul 2020 01:43 PM PDT Any food bloggers of reddit have words of wisdom for her in navigating this crazy industry? https://www.linkedin.com/pulse/yesterday-i-quit-my-corporate-job-grace-vallo [link] [comments]  |
| Why is Clothing Brand Merch a Bad Investment for entrepreneurship Posted: 01 Jul 2020 03:13 PM PDT I have been thinking of creating a clothing line of shirts to start off why is this a bad idea for entrepreneurship? I would love to have the pros and the cons if possible. Thanks guys in advance. [link] [comments]  |
| Premium Niche Domain That IDK What To Do With Posted: 01 Jul 2020 03:50 PM PDT Hi Everyone - I wanted to ask for some advice. My father owns a premium domain name that I think doesn't generate income to its potential. He/We own www.Plantains.com. My father owns and operates an importing company, however his business works mostly with South America, where Plantains are called "Platanos" in Spanish. That being said, he doesn't do much business in the Plantains industry anymore due to the erratic market and sticks mostly to Citrus products. Right now, we have it forwarded to a general website that provides information on the importing industry. We've brainstormed about using it to generate more leads for his business, however the Plantains importing industry isn't the most trustworthy and we feel it's best to stay away from importing. What other business can we start from this domain name? Importing produce is already a cut-throat business and the Plantains market is high-risk and saturated. It sounds ideal on paper, however it's ruled out, due to my father's 30 years of experience on the matter, to which I agree with. Any ideas would be greatly appreciated. [link] [comments]  |
| Why do we still have patents... Posted: 01 Jul 2020 01:12 PM PDT So, I was looking through some patents and I found this one Sea landing... So Elon Musk came with this idea waaay before Bezos started with Blue something. Elon decided not to register any patents at SpaceX, but Jeff did on something that Elon built. My question is, why is this possible? If I wanna build a rocket, that actually take payload in space, and based on specific trajectory, the booster came back Alive and reusable, why would Jeff be able to take me in the court... That is not fair on such a thing... It's like I made a recipe for bread, and shared it with everyone, and someone register it m, and block everybody to sell bread in an ancient time... [link] [comments]  |
| Going from prototype to production Posted: 01 Jul 2020 10:04 AM PDT I have a functional prototype for a widget that I created - very simple, no electronics, chemicals, food, etc. How do I go from here to production. Patents, manufacturing, etc. all require money Do I talk to an investor first? [link] [comments]  |
| What are some problems you've faced when creating a remote team? Posted: 01 Jul 2020 02:18 PM PDT I'm in the process of trying to find new areas where problems exist in order to see possible solutions. I've personally worked on remotes teams that have functioned well successfully and have failed miserably. Now I want to learn more about why some remote teams fail while others thrive. Additionally, it would be really helpful to learn about what tools your team has used to help facilitate the process. [link] [comments]  |
| Posted: 01 Jul 2020 02:00 PM PDT Hey everyone! I am 18 and relatively new to this community. I have been involved with the stock market, flipping sports cards, and thrifting. However I really am looking for some people who have the same passion as me to learn and grow. Too many of my friends are stuck in the same spot and I really want to surround myself with like minded people. If anyone wants to get to know each other in the comments to try to meet some people that'd be great! [link] [comments]  |
| 6 tips to hosting value-packed, relationship-building virtual meetups Posted: 01 Jul 2020 01:56 PM PDT 1. Identify the specific purpose and topic of the eventIn a one-hour timeframe, discussions can get scattered if you don't define a specific purpose in the planning stages. Think about what you want your participants to walk away with after the event. Do you want your attendees to learn something, get questions answered, meet potential collaborators, share ideas, practice a skill in front of a captive audience? Once you understand the purpose of your virtual meetup, you'll have greater clarity in designing the format and the schedule for the event. 2. Expert panel discussions vs. breakout roomsIf your goal is to educate your participants, having experts speak on a panel works well. Ideally, reserve time for Q&A to provide a more interactive experience. If your goal is to cultivate a sense of community and encourage networking, smaller breakout rooms with 4-6 people are incredibly valuable. Naturally, people tend to feel more comfortable in smaller group settings, and more inclined to share. And because each person gets more time to talk, breakout room discussions tend to go deeper. 3. Take advantage of Zoom's automatic room assignmentsYou don't have to agonize over how to split up your participants. Zoom has a feature that automatically assigns people randomly. To ensure all the groups stay on topic, prepare a document with discussion questions and make sure to distribute the document beforehand. 4. Send multiple reminders with the event link each timeImagine how disappointing it would be if you attracted a high number of sign-ups and a bunch of people had trouble finding the link at the last minute. Making the link easily accessible may sound obvious, but it's easy to underestimate how many times people need reminders with the same information. Be redundant about your email reminders and make sure to include a functional "add to calendar" button each time. Send a reminder an hour or less before the event. 5. Get feedback regularlyAs IT Cosmetics Founder Jamie Kern Lima recently said, "Feedback is a gift — even if it's hard to hear, it's always a gift." Follow up every virtual meetup with a survey and let your attendees know how important that feedback is to planning future live group events. From there, you can keep iterating your virtual meetups, experimenting with new formats, and keep making them better than the last. 6. "Ready, fire, aim"If you think a virtual meetup could benefit your business, the best thing to do is to dive in. There comes a point when you have to stop researching and start experimenting. As our expert panelist and Kajabi Hero Dave Gambrill said, "It's never going to be just right." Get started, knowing full well things will get messy. "That is the only way you're gonna be successful," Dave said. "You just have to go. Instead of ready, aim, fire, you have to do ready, fire, aim." [link] [comments]  |
| Posted: 01 Jul 2020 11:22 AM PDT Agencies owners, can you help? I run a brand and design agency helping businesses attract more customers. Business has been good. However, all of our leads have been coming through one platform: Upwork. I want to get more leads and scale the business. Our target market is SaaS and B2B Companies with ~20 employees. I'm interested in getting leads quickly, but everything I reads tells me to build an audience, provide valuable content and move prospects through a funnel. I have no problems doing that, if it means I can get leads, send proposals and get decision makers on calls in the mean time.
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| Posted: 01 Jul 2020 04:49 PM PDT Usually you try to build hype during development of a new product so when you launch you launch to relevant ears. Anyone think of something so simple where they got commercial prototypes made, launched a site then ran ads? If so, how did that go? Please post your website if you have one and a little about your success and or failure. [link] [comments]  |
| Government contracting opportunities -- is it possible as a small shop? Posted: 01 Jul 2020 12:48 PM PDT I have a digital agency that can help design and build products. Has anyone had any success in winning any government contracts? Is it possible if you are a small shop? [link] [comments]  |
| Posted: 01 Jul 2020 04:22 PM PDT Assuming they had the skills you needed, and you were in a position to hire someone? I've seen a lot of the older generation say that job seekers need to be "pounding the pavement", "going door to door", etc. Is this still an appropriate way of job searching? Thank you! [link] [comments]  |
| Event Venues, have you been able to do anything? Posted: 01 Jul 2020 10:21 AM PDT There is a local event venue that just opened up again for the first time since COVID. I thought it was a little quick, but curious what other venues have been doing? Are you opening? Requiring any sort of release? just seems bonkers to me [link] [comments]  |
| How do you make first contact with a potential large supplier, especially in early startup? Posted: 01 Jul 2020 12:27 PM PDT I'm considering starting a company providing certain digital products on a subscription basis - essentially Netflix for [my chosen type of digital product]. I have found one or two large producers/suppliers of these digital products. Now, in order to know if this viable or not, I need to have an idea of costs, but in order to have an idea of costs, I need to contact the suppliers and enquire. I'm not sure how I should contact them - or rather, I'm not sure how to present myself. Do I go completely upfront and say "I'm considering starting a company, can you give me an idea of your pricing...", or act as if I'm already in business and looking to expand? I also feel like this is a damn stupid question, but I find myself plagued by self-doubt in the last year or so, and don't want to blow my only first impression with these companies. [link] [comments]  |
| Posted: 01 Jul 2020 03:58 PM PDT It's funny how there are still people defending and promoting this guy lmao [link] [comments]  |
| How to Calculate Startup Capital Investment to Ownership Equity%? Posted: 01 Jul 2020 03:29 PM PDT Hello! Apologies in advance if this has been asked before. I am planning on going into business with a couple of friends, we're all active audio engineers opening a recording studio. Based on the clients we already have individually, we'd be looking at an estimated 24K/MO or so gross before accounting for any growth or expansion whatsoever. (Maybe 10k/month in expenses and payroll) We have several potential investors who have expressed interest in investing, but as I'm preparing to draft a business plan and approach them formally, I'm trying to figure out a fair amount of equity for startup capital. I'm assuming there is a formula or something based on projected return vs. investment capital? Thanks so much! [link] [comments]  |
| Posted: 01 Jul 2020 09:12 AM PDT Hey guys so I started an instagram to build a base of people that I want to sell to that are privy to buying outdoor fishing shirts and other gear. This instagram has grown to almost 8k followers. What I'm not sure about how to do is get product developed cost effectively, and how much product to get for my first batch of shirts. Any insight you guys can provide would be much appreciated ! [link] [comments]  |
| How do you find people with passion to start a business with? Posted: 01 Jul 2020 02:24 PM PDT I'm from Central Nj. Looking for partners to start a business with... I have capital. I have a few potential unique ideas. One in the baby space, consumer health product, sterilization product and wearable product that helps people with allergies and red eyes. [link] [comments]  |
| Posted: 01 Jul 2020 02:11 PM PDT PS: If you want to have a look at my blog post and/or article that blew up, here it is: https://yassine.substack.com/p/the-gap-between-learning-code-and The proof: Hey there, this is Yassine and I write about my journey as an entrepreneur and software developer. 3 days ago I started blogging. I decided to write at least 1 article in written & podcast format on Substack. I never promoted my content, neither shared it. My backstory and how my article came to life: You can think of me as a 'rebel' I got frustrated about all these rules to write content that people would want to read/listen to/watch. At some point, it got overwhelming, and honestly stopped caring. If I were going to write something that I believe brings value, then I was going to do it out of love as well. As a matter of fact, each morning, I would come up with a topic on the spot for my article and write it down. It wouldn't take much research because I often speak out of experience and boy did I go through a lot. My advice to you, set a system and forget the numbers, do you love blogging about cooking? go do it. Do you love exotic birds? Great, blog about exotic birds. Forget competitivity and saturation, there are a bunch of people waiting to read your masterpiece, written in your own style, and painted in your own passion. I was honestly going to wait a bit to write this advice here because this is something counter-intuitive, but as long as I got here in such a short period, I thought I'd give back to my community. Don't fear experimenting and question everything! Keep grinding, you'll get there! PS: If you want to have a look at my blog post and/or article that blew up, here it is: https://yassine.substack.com/p/the-gap-between-learning-code-and [link] [comments]  |
| ��Excited to finally get started! Posted: 01 Jul 2020 01:11 PM PDT I finally launched my YouTube channel and the 2nd video! After years of procrastination. Yes I know this is a long term game. But I feel that most legitimate busineses are. With my experience in the financial and investing world. I feel it's a good move to build a business are helping and educating people on financial literacy. Anyone else having success helping others learn? [link] [comments]  |
| Seeking sales development individuals for a genetics private practice. Where to start? Posted: 01 Jul 2020 09:21 AM PDT So as the title states, I recently took the plunge into the entrepreneurial world by opening up my own genetic counseling private practice. However despite much planning I have come to the quick and stark conclusion generating referrals and building relationships with other providers is difficult. I am still employed FT to ensure a safety net which is limiting my time to meet with providers to work on these relationships. I recently read that hospitals have used sales professionals to generate referrals. I really have two questions, are there any resources you all would recommend to identify folks that would fit the bill there? Likewise what commission structure is generally industry standard, or if that is somewhat a naive request are there resources to better identify a good place to start? [link] [comments]  |
| Stop writing code. Your startup will thank you. Posted: 01 Jul 2020 12:24 PM PDT A few more hundreds of lines of code will not save you. It is not the missing features that are turning your startup into a painful slog. The lines of code will not increase your sign up rate. The synchronization engine you're writing will not make the product easier to adopt. And, really, those extra lines will not make or break your project. If anything, they are killing it. Because the moment you decided that you are in the business of doing business, the focus changed and the universe's tolerance for the superficial suddenly popped down a notch. You cache things in Redis or a .txt file - doesn't really matter now. You use React, Vue, or just plain JavaScript - your users still don't care. They probably have only heard of Java anyway. This is not a call to stop caring about things or to work more haphazardly. No, this a call for you to figure out the very essence of what you are working on, and to execute on it by being ruthlessly practical. I'll share a secret that you might have already discovered if you visited Calendar.Money's landing page on your iPhone: it is painfully broken on mobile. Why? Because between interviewing active users and the users who registered but then never came back, between working on the desktop site and testing different marketing channels, between all that - I just decided I cannot be bothered with it. And you know what, if I crash and burn, the headlines will not read "Fintech startup closes its 'doors' because of an unoptimized landing page". So, you know what I do instead? I only show my ads for desktops. Good enough, for now. --- I published the article originally on: https://builtnotfound.proseful.com/stop-writing-code [link] [comments]  |
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