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    Friday, November 6, 2020

    Home Unlabelled Business Uber reports 18% revenue decline but says ride-hailing business is picking back up

    Business Uber reports 18% revenue decline but says ride-hailing business is picking back up

    November 06, 2020

    Business Uber reports 18% revenue decline but says ride-hailing business is picking back up

    Uber reports 18% revenue decline but says ride-hailing business is picking back up

    Posted: 05 Nov 2020 06:30 PM PST

    Stock futures jump as potential Washington gridlock signals less regulatory risk

    Posted: 05 Nov 2020 03:20 AM PST

    Naval Ravikant's How to Get Rich (without getting lucky) as posters.

    Posted: 06 Nov 2020 12:18 AM PST

    I'm searching for industries in which they need help of laser cutting.

    Posted: 05 Nov 2020 11:05 PM PST

    Actually I'm planning for buying laser cutting machine which can cut MDF, Acrylic, Leather and Paper. I have many ideas for creating product using this machine but all are B2C product which I can sell on Amazon or Etsay or even open my local shop but this all have many competition. So, I'm planning to target B2B customer like.. Wrist watch making companies need Leather belt, Jewellery storage industries need acrylic box.... Same like this I'm looking some other ideas. If you have any than please suggest me..

    submitted by /u/Tracypaltrow
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    The New Era of Custom Software Solutions – 2020 & Beyond

    Posted: 05 Nov 2020 10:24 PM PST

    What are the sales funnel and why it's important to your online coaching business?

    Posted: 06 Nov 2020 02:09 AM PST

    Taking out competition!?

    Posted: 06 Nov 2020 01:48 AM PST

    Saw one of my competitors running something that I created & own the sole right to use.

    If I report him it will make him temporarily go out of business & if I don't I have one more competitor to beat.

    From business POV I should take him out but from moral POV I think I shouldn't.

    Need advice

    submitted by /u/sergeantping
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    Bentley reveals roadmap to go fully electric by 2030

    Posted: 05 Nov 2020 09:41 PM PST

    MSME / SSI / Udyog aadhar registration in India

    Posted: 06 Nov 2020 01:01 AM PST

    Videos to help improve mindsets

    Posted: 05 Nov 2020 05:04 PM PST

    I want videos to motivate me and change my mindset. I used to hang around with company who weren't the greatest and I realised that, but currently in improving and becoming better, thinking of new business ideas, becoming less lazier, working harder not doing stupid stuff, etc.But I want to watch more videos and improve myself and learn more stuff if you guys get what I mean

    submitted by /u/Knyghttt
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    You Can Have Our Business!!

    Posted: 05 Nov 2020 10:17 PM PST

    4,65,000 businesses fail each year! And with the current pandemic, the margin has increased by 20%.

    Now, can you guess how many succeed? Only 28000!!!

    Running a business is not an easy task and with the COVID-19 setting on, it's a hard plug to pull! What if we offer you a business solution that used to do well before Lockdown and after this pandemic, its need has actually gone up! It's safe to say that this business is resilient as well as tried and tested!

    The best part is you can have it too! Here's our business that we have worked on from day one and it comes in your branding..

    submitted by /u/Tracypaltrow
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    Inside the Chaotic Unraveling of Jack Ma’s $35 Billion IPO

    Posted: 05 Nov 2020 08:01 AM PST

    I'm looking for a good company to get attractive business card prints from. A design that'll catch people attention

    Posted: 05 Nov 2020 02:47 PM PST

    perhaps a card that has a 3d design, or textures that you can feel?

    submitted by /u/sknysky
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    App

    Posted: 05 Nov 2020 04:48 PM PST

    Hey everyone, I have this idea for an app but I don't if I have to first incorporate the app into a c corporation or first have the app developed and then incorporate it.

    submitted by /u/reco2000
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    When your boss approves a salary increase but doesn’t follow through.

    Posted: 05 Nov 2020 05:32 AM PST

    Since I've worked for the company they said I will get a salary increase after 3 months. I wrote a review, he said it got approved and then nothing.

    Gained more responsibility since the pandemic and after a year I tried again. Salary increase got approved with a number. And now, my pay hit the account this morning and no increase.

    What does this say about the company? What should I do?

    Feels so degrading

    submitted by /u/pinkvelvetdays
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    Best Advice for Goal Setting?

    Posted: 05 Nov 2020 01:34 PM PST

    Does anyone have any good advice for goal setting? I'm looking to improve and would love some advice.

    submitted by /u/josephwesley
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    How to declare cash payment ?

    Posted: 05 Nov 2020 12:39 PM PST

    i have small e com type business. Every month i spent about 3-4 k on my inventory which i use my business cc to buy (no invoice) . my clients usually just pay me in cash or EMT. what is the best way to declare the income. i can't use all the cash i get every time. i use the cash for day to day expense..

    what can i do to declare the income and tax on the sale ?

    submitted by /u/snreddit
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    help!

    Posted: 05 Nov 2020 11:58 AM PST

    Hello all. I figured I would refer to reddit to seek help with this college project of mine. If any business owners out there (large or small) view this please respond. I have a group presentation due soon and we are required to interview a business owner/manager and ask basic questions. I was thinking about a google meet or a zoom call with myself and my group (and you of course). Thank you.

    submitted by /u/easybuzz
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    A little question.

    Posted: 05 Nov 2020 11:39 AM PST

    I would love to have my own store, which would be a store where you can buy/choose all of your pc components, but i am wondering how much starting money i would need and if this would be a viable choice to start a store in this kind of branch.

    Thanks in regards.

    submitted by /u/BaseCollateral
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    Motor, industrial gears market expected to recover quickly from COVID-19 impact

    Posted: 05 Nov 2020 06:57 AM PST

    How do you guys think a foreign food shop would fare?

    Posted: 05 Nov 2020 04:12 AM PST

    I live in Canada and there's all kinds of American cereals, and Chinese chips, or Austrian chocolate, just foods in all kinds of countries you don't get around here that I myself, would be more than happy to try. Is this a good idea or are they not around for a reason?

    submitted by /u/Kootabab
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    10,000+ sales calls taught me this important lesson and allowed me to get 4x higher results than the guy in 2nd place. ��

    Posted: 05 Nov 2020 03:34 PM PST

    I've taken over 10,000+ sales calls by now, and from them I've learned that if you go into a sale WITHOUT a system, you're setting yourself up for failure.

    .

    At 22 I was able to find the 'bulletproof selling system' and that changed everything for me (and landed me a Sales Director job).

    .

    After applying the system I was able to get 4x higher results than the guy in 2nd place in a team of around 40-50 people (and the month before applying it I was average and struggling).

    .

    Today I want to share with you my bulletproof system in hopes that it can help you get similar results and help more people have awesome lives! Here we go:

    .

    Step 0.5: Preparation

    This is the stage BEFORE the sale even starts. Here you learn all you can about your prospect and get your toolkit ready for the sale. This stage is crucial because, "Every battle is won BEFORE it is fought" – Sun Tzu.

    ❎ What NOT to do: Go into the sale without doing your homework and finding out what you can about your prospect.

    ✅ What to do instead: Study your prospect, look at their FB/LI profile, their website, and whatever else you have access to. Also prepare your skillset – create a strategy on how you want the call to go and what goals you have for the call.

    .

    Step 1: Introduction

    It takes, on average, 7 seconds to form a first impression. So the introduction is a crucial time that has a huge impact on what your prospect will think of you (and how they will react to you). If you do a good job here, everything that comes after it will be a lot easier.

    ❎ What NOT to do: Go into a pitch, not allowing your prospect to say anything.

    ✅ What to do instead: Create a conversation, hook them, and establish yourself as authoritative, passionate, enthusiastic, sharp and professional.

    .

    Step 2: Gathering Information

    Information is the key to success in sales. You need to know how to listen if you want to be successful. And in this stage, you ask the right questions and learn the things you need to know about your prospect.

    ❎ What NOT to do: Jump straight into a presentation and try to sell without having information about the specific prospect.

    ✅ What to do instead: Figure out what information you need, prepare your specific questions beforehand, and create a fun conversation where you explore your prospect's situation and problems.

    .

    Step 3: Need Realization

    Many salespeople make the mistake of starting to sell a solution before their prospect has realized their need or the impact of their problem. But if they don't see their problem as serious and a priority, they won't be too excited about solving it, and so they won't be excited about you presenting the solution.

    ❎ What NOT to do: Jump into the presentation before you're sure the prospect has realized their need.

    ✅ What to do instead: Ask questions to determine if they realize just how impactful their problem is, and how important it is to solve it.

    .

    Step 4: Presentation

    Many experienced salespeople already know this, but when making your presentation, you NEED to focus on the benefits, not on the features of your product. But there is one extra layer that separates the 99% salespeople from the top 1% – the top salespeople don't speak about ALL the benefits. They speak only about the benefits that are relevant to the specific prospect.

    ❎ What NOT to do: Tell your prospect about every single feature your product/service has.

    ✅ What to do instead: Speak about benefits – and only those that are relevant to the specific prospect you're speaking to.

    .

    Step 5: Close

    There are 2 main mistakes people make when trying to close – they either close too much, or they don't close at all. Neither of those options is great. You need to balance your closing efforts so you close at the right time, close in an elegant and effective way, and make it so your prospect doesn't feel like you're trapping them into saying yes, but quite the opposite – that you're creating an opportunity for them to buy. Best case scenario, they'll feel like buying is their idea – that they're asking you to buy your product, and not that you're pushing it on them.

    ❎ What NOT to do: Closing too much/Not closing enough or at all.

    ✅ What to do instead: Find the balance. Always close, and do it elegantly.

    .

    Step 6: Objections

    The way you deal with objections is usually the main factor that determines whether you get average results or Champion's results. Objection-handling is the skill that can set you apart from the 99% salespeople that are either giving up too early, or trying to fight the objections (as opposed to overcoming them) and getting average results because of that.

    And actually, here's a statistic you'll probably love: People who can successfully overcome buyers' objections can have a close rate as high as 64%. So you can see why mastering this skill is very worthwhile.

    ❎ What NOT to do: Fight/Give up.

    ✅ What to do instead: Ask. Understand. Overcome.

    .

    This is the essence of the 'Bulletproof Selling System'. I hope it helped open your eyes to possibilities in sales that you may have been missing, and as a result – helps you increase your results and get one step closer to becoming a Champion in your industry!

    .

    If you want to learn more about this system – ask me in the comments and I'll go deeper.

    .

    𝕻.𝕾. Let's have a discussion! Leave questions, challenges or ideas below and let's make this thread more exciting.

    .

    𝕻.𝕻.𝕾. AND if you have any sales-related challenges that are a pain, it would be awesome if you share them in the comments. If I can solve a problem for you in my next post, that would be great.

    I'll be here to answer all the questions related to this topic – 'coz that's my 'thing'. Let's go! 👇

    .

    Stay awesome, Champions! 🏆

    submitted by /u/Bobby-Gadjev
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    How do you email your users/customers?

    Posted: 05 Nov 2020 08:50 AM PST

    Hi,

    How do you send emails to (all or some of) your users/customers?

    For example, say you want to send them discount codes or let them know that you've shipped their orders.

    submitted by /u/soheilpro
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    Read more
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