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- Is there a name for joining a business and changing things up in there?
- Customers that want your product/service for cheap price
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- Ford blows away earnings expectations as consumers buy up trucks during pandemic
- Starting a small business when it's difficult to find a job in the field of interest
- Newbie question regarding private equity
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- Best way to help/support boyfriend in business school and getting our business ideas moving?
| Posted: 28 Oct 2020 11:19 AM PDT |
| Is there a name for joining a business and changing things up in there? Posted: 29 Oct 2020 01:54 AM PDT If this concept has a name, please let me know. I really want to read into it. I'm not talking about entrepreneurship or consulting. I'm talking about an employee coming on board, and saying "you're doing this wrong, you're doing this wrong, and you're doing that wrong. Let's instead try doing it this way. Instead of tabling in the mall, let's advertise with a YouTube channel and let's try to get interns from a college campus." [link] [comments]  |
| Customers that want your product/service for cheap price Posted: 29 Oct 2020 01:38 AM PDT Listen, as Entrepreneurs, we have many ups and downs with our business. Don't let these cheap customers who want your product for $10, free shipping, and the delivery man personally handing it to them while they sitting on their arse get to you. Don't pay attention to these cheapos, they want everything handed to them and don't understand the value of a product. If you have done everything right, have a premium product that holds value a lot, have a marketing team that understands what price a product should be and they assure you yes this is right ball park price, then go with it. Only you know the real value of your product. Not everyone will buy your product/service, remember that. You will always have those that shit on your product/service and some that love your product/service. Best is not to get excited when it's positive comments and down when it's negative, be neutral about both positive and negative. Sometimes, I need to give this advice to myself as even one little comment that a customer made saying "it's too expensive I'm not going to buy" gets to me. Be head strong, you have got this, and remember, you are serving your business to those who want to buy, leave the others out the way [link] [comments]  |
| Boeing warns of 30,000 job cuts after another quarter of heavy losses Posted: 28 Oct 2020 06:58 AM PDT |
| Insurers shell out Rs 660 crore for AI Express crash, largest in Indian aviation market Posted: 28 Oct 2020 10:17 PM PDT |
| Dow futures rise 200 points after Wall Street's worst sell-off in months Posted: 28 Oct 2020 05:59 PM PDT |
| Retail innovator Faire doubles valuation to $2.5 billion via COVID-related growth Posted: 28 Oct 2020 09:06 AM PDT |
| Posted: 28 Oct 2020 06:18 PM PDT Why/why not? Trying to look at the massive cost of joining objectively [link] [comments]  |
| Ford blows away earnings expectations as consumers buy up trucks during pandemic Posted: 28 Oct 2020 06:03 PM PDT |
| Starting a small business when it's difficult to find a job in the field of interest Posted: 28 Oct 2020 04:31 PM PDT Hi, everyone. I wonder what is there to know for a person willing to start a small/freelance business aimed for providing consulting, teaching services? Is it difficult to start from scratch and begin growing network? Currently, I struggle with finding use for my knowledge in sustainability and environmental science in a minor EU country and consider offering consulting services on my own. Just need some advice on starting out. [link] [comments]  |
| Newbie question regarding private equity Posted: 28 Oct 2020 04:08 PM PDT Hi everyone, Perhaps this is not best subreddit for this, but I imagine this basic question I have is something people in the financial field can answer rather simply. Context: I work at a company that was invested in by a private equity firm. The firm acquired 70% of company for $35 million, with company valuation now at$ 50 million. Pardon my ignorance, but I don't quite understand what this means as far as where this money goes and if the Co-founders profit. There are 3 co-founders: 1 of them originally owned 50% of company and the other 2 owned 25% each. Now that this $35million has come in, how is this money used and do Co-founders directly profit? Here are the multiple scenarios that come to mind and I don't know which is correct/plausible: A) Does the $35 million get put into company strictly for operations (tech, staff, expansion, etc...), or do Co-founders immediately divide this money amongst themselves? Does the private equity firm decide what the money is used for as part of the agreement? B) Let's say the shareholders do get the $35 million directly as profit. So do they just divide that money based on the percentage of the company they owned (as I said before, 1 Cofounder owns 50% and the other 2 own 25% each)? C) What happens to % of ownership of each Cofounder now that the equity firm owns 70%? Does that mean that now the Cofounders have to redistribute their percentage of share from the remaining 30% of the company? (ex: the Cofounder who owned 50% of entire company now only owns 15% of company) D) In order for any of this to happen, would all 3 of the Cofounders have to agree to the sale unanimously? Do all of them have to act in unison (ex: all 3 of them have to accept cash from the sale, or can one of them choose to just keep stock?) Essentially, I'm trying to understand what effects private equity money has and how it is distributed. Are the Cofounders preparing to buy new homes, or does this money get put into the operation? I've found lots of articles on how PE firms make money, but not on how/if the Cofounders make money. Again, apologies for the lack of understanding on what is surely a simple answer and I would really appreciate learning about this. Thanks for reading! [link] [comments]  |
| Posted: 28 Oct 2020 05:07 AM PDT |
| Posted: 28 Oct 2020 08:34 AM PDT I run a podcast about fundraising for early stage startups and I've conducted nearly 200 interviews with angel investors, VCs and successful founders and created a list of the common terms that they are using. Here it is: 1. VC - venture capital - most frequently meaning venture capitalist or 2. CAC - customer acquisition cost. 3. CPC - cost per click. 4. LTV - lifetime value. Which is a gross income you get from working with one client. The 5. MRR - monthly recurring revenue. 6. ARR - annual recurring revenue. 7. SaaS - software as a service. 8. B2C - business to consumer. 9. B2B - business to business. 10. R&D - research and development. Hopefully this helps some early stage founders who are just getting into this field. [link] [comments]  |
| Posted: 28 Oct 2020 02:20 PM PDT I'm trying to get my etsy business up and running. I am off to a good start and have made sales but wondering what the best way to advertise is to create more interest and people coming in? What social media is best and is it worth it to run ads? [link] [comments]  |
| College student split between Supply Chain and Information Systems looking for advice. Posted: 28 Oct 2020 02:18 PM PDT Hello, I am a 3rd year business student at George Mason University and I am seeking out someone in the Business analysis, Supply Chain, or Information Systems field to ask a few questions for my business development course. Currently, I am concentrating in Management Information Systems with a minor in Computer Science, but I am also looking at Supply Chain Management and Business Analytics. It would be incredibly helpful if anyone on this sub could spare a few minutes to sit down on a zoom call to talk about your path through your career and any tips for someone trying to break into the industry. If you are interested in giving some advice to an aspiring young professional, please leave a comment and I will DM you with additional details. Thank you [link] [comments]  |
| Posted: 28 Oct 2020 02:17 PM PDT |
| Send request for year end review on behalf of my manager. Posted: 28 Oct 2020 02:11 PM PDT I work for corporate America. Traditionally in October, my manager asks for the names of 5 coworkers/stakeholders to give feedback on my performance over the past year. This year I have a new manager. He asked me to send an email to 5 people on his behalf. He said this gives him a better response rate compared to him sending out the requests. Is my manager being lazy or do others have to send emails asking "Please email my manager with feedback on my performance" too? [link] [comments]  |
| 5 year goal of starting a garage door service and installation business. Any tips? Posted: 28 Oct 2020 02:09 PM PDT My brother in law and I are wanting to get things going soon but don't know diddly about business management etc. Obviously I'll take steps to learn more but I'm just curious what kinda insider knowledge there is from experienced people in any trade that I can get real quick. Tired of working for other people at dead end jobs, we both have experience throwing up and tearing out doors, framing up holes, got the tools needed to get started. I've been sitting on the idea for a few years now after moving across the country but it was just me at the time. There's no actual business being run in my area, just one guy with no helper that does doors. I don't wanna put him out of business but it's dog eat dog and I'm trying to break out of this kennel. [link] [comments]  |
| Posted: 28 Oct 2020 12:47 PM PDT To cut a long story short. I accused him of ripping me off when he wasn't. We Have messaged and stuff since but no calls. I'm quite upset I upset him because I know he worked hard on our project so far. How can I move forward from this ? [link] [comments]  |
| Trump’s H-1B ban may have shaved $100 billion off America’s biggest firms Posted: 28 Oct 2020 12:18 PM PDT |
| Best way to help/support boyfriend in business school and getting our business ideas moving? Posted: 28 Oct 2020 10:21 AM PDT Title is pretty much it, my partner is getting a Bachelor's in business administration and I really want to be there to support his ideas and businesses he's planning. We are quite serious about building a life together and have discussed and are working on different businesses to start. I have built up a solid fund of cash and we discuss finances with each other often. Other than helping to give (some) of the money I can, is there anything else I can do to help? When you were in business school and trying to make your own business is there anything you wish a partner or friend did for you? Thanks [link] [comments]  |
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