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    Sunday, November 29, 2020

    Business How One of the Reddest States Became the Nation’s Hottest Weed Market

    Business How One of the Reddest States Became the Nation’s Hottest Weed Market


    How One of the Reddest States Became the Nation’s Hottest Weed Market

    Posted: 28 Nov 2020 07:04 PM PST

    U.S. agency opens probe into 115,000 Tesla vehicles over suspension issue

    Posted: 28 Nov 2020 07:14 PM PST

    Tony Hsieh, retired Zappos CEO, dies at 46

    Posted: 28 Nov 2020 03:19 AM PST

    Hyundai, Kia fined $137 million for delaying U.S. engine failure recalls

    Posted: 28 Nov 2020 07:46 AM PST

    JOHN MAXWELL : CHANGE IS INEVITABLE, GROWTH IS OPTIONAL (Find Yourself) .

    Posted: 29 Nov 2020 12:25 AM PST

    Do like share and subscribe .

    submitted by /u/Bhagatankur
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    A sea apart: UK dismisses EU Brexit deal fishing offer as ‘derisory’

    Posted: 28 Nov 2020 03:43 AM PST

    Behind the scenes detailing business advice

    Posted: 28 Nov 2020 04:01 PM PST

    I own a mobile detailing business that's still in its first year, but is generating me some decent income. I have two vehicles and two employees that each take a vehicle each day to go out and detail. I give them each $15/hour and on a good day they work about 10 hours each and I get $1200 on sales leaving me about $900 after paying them. The business is ran out of my house so I can avoid paying rent.

    What I'm trying to do is eliminate myself as much as possible from the business. Does anyone have experience doing something like this? Basically all I do now is schedule appointments and talk to customers(deal with complaints, give them info, answer phone calls). I want to not have to do any of this anymore. Is it a good idea to hire someone to work from home and be sort of like a secretary? The only problems I have with that when I do it myself I can answer questions and calls 24/7 and when I hire someone to do that they'll only have to do it within their working hours. I'm a college student with a newborn baby and I just want to have more time to study and spend with my girlfriend and son.

    Another thing to consider is that I live in an area with brutal winters. Detailing does slow down in the winter a little bit from my experience working as a detailed somewhere else, but I'm not sure how much. I'm in the process of insulating and heating my garage and I'll be done with it in the next couple days. We still plan on doing mobile details, but only if customers have a garage for us to work in. For the customers who don't have the garage, we give them the option to drop off their vehicle or have us pick it up.

    I would love to hire someone to do all the behind the scenes, but I fear that it will be difficult to afford to pay another person if I'm not getting as much business throughout these coming winter months. On the other hand, it would be a perfect time to get someone trained in to learn how to handle this kind of stuff. There would also be a few more expenses mixed in if I were to do this. Such as business phone and phone line for the secretary/manager. And not having someone able to answer calls and messages around the clock makes me nervous. I know I could still answer calls and messages after hours, but I really would just like to have time to spend with my family and study my major.

    Any tips about running this business are greatly appreciated!

    submitted by /u/Huckleberry_Thin
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    Untried and untested business idea?

    Posted: 28 Nov 2020 01:41 PM PST

    Hey guys, I've had this idea for awhile and I've been thinking about turning it into a business.

    Essentially a furniture company. We will reach out to landlords with unfurnished apartments for rent, and will offer to furnish them for free while prospective renters look at them. Once the apartment is rented, we will offer the tenant the option to buy or rent the furniture. If they say no, we come and take the furniture and try again in another apartment.

    The problem is I don't know if the logistics will work out. Profit margins on furniture are good, but hiring movers is expensive, and if we have to move the furniture multiple times until someone buys it, that may eliminate all of our profits. We will likely also need a warehouse to store inventory while we look for new apartments. I still think the idea is promising because most renters also need to buy furniture, and having the furnishings already in the apartment offers convenience and beats retail stores to the punch.

    submitted by /u/crunchylettuce24
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    Bipolar and business

    Posted: 28 Nov 2020 12:17 PM PST

    Kanye is bipolar and is a successful business man. How is that possible?? How can he manage his manic episode, depression, impulsive behavior and still running a business . My sister is bipolar, she wants to open a business. But she has so many manic and depressive episode. I am afraid that will worsen her episode. What will happen if her product don't sell?? . Running a business is really stressful. Is someone hier that is bipolar and running a business? I need help please

    submitted by /u/Cookie-Significant
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    I am doing something wrong.

    Posted: 28 Nov 2020 10:23 AM PST

    In 2013 I started a courier business and had some mild success for a short time but now it seems that it has died.When I first started my business I had set up a website(which i later let go because i felt like it wasn't cost effective) a Google my business listing,and my car was decked out with my business information.I have had a page on Facebook since 2015 or so and I have paid for FB adds which at most netted me a few page likes.I am desperate to get it back to operational and would like some input.I no longer have a GMB or website attached to my business and I do not have trucks,trains,vans,and planes just my car.I know it sounds dumb but I have always operated out of my car and although i did make some money I have never really recovered the amount spent to open and maintain my business.I was not looking to be on the level of UPS or DHL but just mainly to make a living doing something on my own.I feel like my fees have ran people off even though my justification is i must pay for insurance,vehicle upkeep,and a host of other things so paying all that and making a living isn't going to happen at $.50 per mile.My business name is Courier Express Indiana(when i first started it was Courier Express Kokomo because i operated out of my hometown)When i moved to a new city I wanted a broader name so Indiana was my go to for the name.I am not trying to be the next Amazon or UPS I just want to make a living and get out of working for other people.I must admit when i first started I had no clue what i was doing and had never owned or ran my own business before so i winged it and while i did make a little it never was enough to cover all my cost and give me a livable wage.During this whole virus thing I have pretty much done nothing with the business and have worked fast food to pay the bills for the past year but I am desperate to get out of that and get back to making money for myself being the best damn delivery guy I can be...Please help but hold the judgement as that won't help at the moment.Thank you for reading all this and I am open to questions if I left out some vital information.

    submitted by /u/Gordito76
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    HSBC considers exit from US retail banking

    Posted: 28 Nov 2020 10:22 AM PST

    How we can use the hiring process to bring out the best in people: « Here's how psychologist and entrepreneur Gil Winch says we can rethink hiring, training and onboarding to allow people to show their true potential. »

    Posted: 28 Nov 2020 10:13 AM PST

    Books every founder should read

    Posted: 28 Nov 2020 04:02 AM PST

    It is imperative to constantly learn and add to your wisdom. Most CEO's read 50 books every year to increase their wisdom and refresh their minds. With that said, there are a lot of books out there to choose from. That is why I compiled a list of my favorite books for my fellow founders here.

    1. The Personal MBA: Teaches the fundamentals of business (Value creation, marketing, finance, etc)
    2. This is Marketing by Seth Godin: Imperative knowledge about marketing and value creation
    3. The Art of War by Sun Tzu: About leadership and power, while it talks about war. The principles it teaches are still relevant in the 21st century.

    I'll post more book recommendations soon... Let me know what you think about these books!

    P.S you can watch videos about book recommendations and business in this channel https://www.youtube.com/playlist?list=PLQEfrJ3bAb3lYviGYnokHBn53Or4ZJbzV

    submitted by /u/Desong_Productions
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    How did Steve jobs become a business magnate?

    Posted: 28 Nov 2020 09:36 AM PST

    Biogen bets on depression drug in $1.5 billion deal with Sage Therapeutics

    Posted: 28 Nov 2020 07:15 AM PST

    International Crypto-Only Marketplace

    Posted: 28 Nov 2020 07:03 AM PST

    Crypto Emporium is here for all of you. You can use cryptocurrency to transact what you need, for more visit wibesite http://cryptoemporium.eu/

    # DeFi, #CEFI, #CryptoEmporium.

    submitted by /u/yusmadi_st
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    Why you may NOT want to start an agency

    Posted: 28 Nov 2020 06:33 AM PST

    I'm saying goodbye to my "dream": starting a software development agency focused on building innovative web apps for startups and biz owners.

    I always worked as a full-stack developer and I highly enjoy my work. I worked both as an employee and a freelancer, and only this year I thought that I could put up a team and go out there smashing software Dev projects one after the other. I've always wanted to have my own team and create some nice culture.

    I have done that, working with 3 other contractors, trying to create a sustainable business model to be different from the (unlimited) competition.

    My life has been so miserable since then.

    In an agency profit is made by overcharging your clients to cover the costs of your devs: big problem, for two reasons:

    1) If you pay them crap, most of the times you get super junior developers or bad developers. And you'll end up looking at their code and start crying for how shit it is. And you'll have to fix that, because quality is important in software, and this while thinking of all the business side. Burnout!

    2) If you pay them good, your profit will be crap, most of all if you work with startups and small businesses that can't pay you 100$ per hour. So what you do? You'll have to look for more projects so that your profit increases, and with that you'll start to have so much overhead that you'll need to hire someone to manage other teams while you try to run the business. More costs, less profit

    On top of that, if you really love developing you'll want to be involved in at least one projects. And in the initial stage of the agency you must do it, while also being the project manager (because well, with your crappy cash flow you can't hire ALSO a project manager)

    And if you actually have employees, you need to have a constant flow of projects coming in to keep them busy. And they slowly become only machines used to produce code. I don't like that.

    You know what, my life has been miserable. Not one day without feeling stressed or anxious. I just gave up!

    I'll go back doing what I love to do, being a developer. I'll keep a small team though, and we'll work only on a couple of projects per time, queuing anything that comes in. I'm not going to grow an agency anymore, it's not worth it.

    submitted by /u/pepsil
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    Feedback on my MVP-2

    Posted: 28 Nov 2020 04:20 AM PST

    Guys, I have now launched a 2nd MVP for my startup, implementing all of the feedback i got from my 1st one.

    First of all i would like to thank all of you for the honest and constructive feedback on my1st MVP, which i posted 3 weeks ago.

    My startup is based on providing detailed University analysis and also a forum to ask questions and find answers for students who are looking to study abroad. The forum has reputation points, badges and all of those things and strong moderation as well.

    The core mission of this startup is to create an informed and resilient student community where we can help each other in getting all of our doubts cleared and make sure that we get the maximum out of our study abroad adventure

    It would be great to have your feedback, so that i could make it much better. The link to the MVP is https://uniselector.com/

    submitted by /u/davidsilva64
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    Best way to advertise a small business

    Posted: 28 Nov 2020 02:58 AM PST

    I've started a small business in my hometown and i used to advertise on facebook, but i've noticed a fairly large decrease in customersm

    Is there any good way for a small business to advertise? Thanks in advance

    submitted by /u/Catfish_McCat
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