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    Saturday, December 5, 2020

    I cold called two business to try to sell services today and didn't die! Entrepreneur

    I cold called two business to try to sell services today and didn't die! Entrepreneur


    I cold called two business to try to sell services today and didn't die!

    Posted: 04 Dec 2020 08:19 PM PST

    I'm selling site redesigns and starting out with my first cold calls ever today. I only got two(time constraints), one said they would rely my info to the boss and the other said no. Point is I was rejected and I feel fine. You can do it too!

    submitted by /u/will3675
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    The 200-Year Old 15 Minute Routine showed me how to maximize Productivity in a CONSISTENT way

    Posted: 05 Dec 2020 09:23 AM PST

    I've struggled with finding consistency in my productivity for the longest time. Over time, I've learned that consistency is best found through a simple, well-designed routine. There are very few consistency techniques as effective as the 15 Minute Routine. It's essentially a 3-step process that basically looks like this:

    1. At the beginning of each day, set a fixed amount of time you can dedicate to your work
    2. Set a goal for your progress in 15 minute increments
    3. If you complete your task ahead of schedule, move on to the next task until your total time runs out.

    So often we set huge milestones and large timeframes, when instead a small (15 minute) window can push us work harder and faster. This technique also keeps you driven when you see the progress that you've made in that small window. I explain this more in depth here - https://www.youtube.com/watch?v=-rAZ8yPNsMU

    Give this a shot and let me know if it changes the game for you…

    submitted by /u/BladeV-Cash
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    Your first customer?

    Posted: 05 Dec 2020 01:08 PM PST

    How did you get your first paying customer?

    As entrepreneurs, we know persuading people to say your business idea is "great" is the super easy part, but getting someone to actually reach into their wallet and pay for your goods or services is often the most difficult yet ultimate validation.

    Set the stage and describe the context of what led to your first sale?

    Chat about how you felt when the money landed in your account?

    What did you learn from it?

    What did it mean for your business?

    What was your biggest takeaway from it?

    submitted by /u/yellowking38
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    How do you bring value to a NEW business relationship? ��

    Posted: 05 Dec 2020 10:41 AM PST

    Imagine this scenario.

    You just discovered a person online you wanted to talk to, and he agreed to hop on a Zoom call. How would you provide value to this person besides asking him only the things you need?

    The only things I've come up with are referring him to someone he might benefit from or helping him with your expertise (for example, Web Development).

    However, how to "suggest" this properly? How to better identify the help you can provide?

    Usually, I would ask, "Do you need some help with X?", and people would just say "Thanks, I'll let you know if I need something."

    I want to go beyond this, any tips on achieving this?

    submitted by /u/canarysplit
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    How I got my first paying sponsor for my community

    Posted: 05 Dec 2020 06:50 AM PST

    BACKSTORY:

    I launched "Local SEO Community" about 4 months ago, and it has grown to 1,050 members.

    It's a community for discussing local SEO and Google My Business (GMB) tips and strategies.

    https://i.imgur.com/9WBm3dV.png (screenshot of the community)

    For anyone curious, Local SEO is the practice of increasing the search visibility of brick-and-mortar businesses.

    For example, a restaurant doesn't need to worry about ranking globally for the search term "food".

    Rather, that restaurant just wants to show up at the top of the map search results (AKA Map Pack) when people search "food" in their area.

    -----

    How the sponsorship came to be:

    The sponsor is a company called GMB Gorilla (it's a public community, so the sponsorship is public). They offer Google My Business management services, so they are a pretty natural fit.

    I originally reached out to GMB Gorilla asking if they would like to be added to the "Members-Only Discounts" section on Local SEO Community, where community members can get exclusive deals on local SEO related tools and services.

    They agreed to add a discount for community members.

    But then after, they asked if there were any other promotional opportunities:

    https://i.imgur.com/OCtP4Fh.png (screenshot of email exchange)

    I then explained to them what a sponsor would get (more on that below), and asked what they would be willing to pay for it.

    They offered a 3-month deal, at a 3-figure ($XXX) monthly total right off the bat, so I accepted the deal without negotiating. I probably could have gotten $50-$100 more per month if I wanted to play hardball, but I thought it was a pretty fair offer, so I accepted.

    -----

    What the sponsorship gets:

    I want to be very careful and intentional about keeping the community health as my main focus, and not ruining the community by putting ads everywhere.

    So the sponsor gets featured at the top of the weekly newsletter (highlights the top posts from the community), which gets emailed out to all community members.

    They also get a spot in the "Sponsor" section of Local SEO Community

    https://i.imgur.com/qghUYCY.png (screenshot of the "Sponsor" section)

    I want them to get ROI on their sponsorship, but I also want to make sure it is not too in-your-face.

    -----

    What's next?

    Since the deal, I have been approached by 2 other companies about potentially sponsoring Local SEO Community, which is pretty cool 😎

    No dollar amounts have been mentioned, but ideally the sponsorship deals grow as the community grows. I also want to be very intentional about only working with companies that are a good fit as sponsors.

    For now, my main focus will be making sure the community stays high quality. Once we get closer to the end of the 3 month deal with GMB Gorilla, I will take a look at the number of members and engagement rates to determine what the next steps might be for potential sponsors.

    submitted by /u/daviswbaer
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    Starting Cold calling

    Posted: 05 Dec 2020 12:13 PM PST

    Ive been working in web developing about 3 years, and i want to start my journey as a freelancer.

    How should i structure the conversation to get to talk to guy in chargue of marketing department or the owner of the bussiness , if its a small bussiness?

    Thanks :D

    submitted by /u/TheSansonius
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    Where to go from here?

    Posted: 05 Dec 2020 10:22 AM PST

    Hey everybody,

    over the past year I built an inventory management system together with a friend. My friend was supposed to do the non-code things and I was responsible for making the platform.

    However my friend is pretty busy with his work and other life stuff, so I am kind of on my own now.

    The platform is at a mature state I would say. Another friend is already using it and I even built a shop, which is attached to my inventory management system for them to sell their stuff online.

    Now my question is what to do now? Should I try to search for a new partner, which would be responsible for marketing, selling, etc.

    Should I try to get the thing rolling on my own? If so what would be my best path to market it and get people to know and try it?

    Happy for any tips or advises,

    Thanks in advance :)

    submitted by /u/Z4razas
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    Seeking Typescript or Python dev interns

    Posted: 05 Dec 2020 02:05 PM PST

    Looking for university undergrads (or equivalent) with 1-2 years production-ready dev chops in Python (data science) or full stack dev (JavaScript/Typescript, React, Node.js & Mongodb). We're a B2B marketing startup based out of Seattle with an active customer base and handle 700k+ contracts (7.5 million documents) worth $3T per year. Founding team from the Fortune 500 list. Three month minimum (at least 25 hours per week) with possibility of full-time role / equity after. Please DM me your email address for more details.

    submitted by /u/pandasurf8
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    How long do shipments take to clear customs?

    Posted: 05 Dec 2020 01:33 PM PST

    How long does customs clearance take after it has reached the port of destination? The shipment is in an lcl container and the vessel arrived Monday but it still is in customs clearance. Is this the normal length of time for it to clear or might there be an issue? Thank you guys

    submitted by /u/rarity4726
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    Question about Marijuana and Bitcoin

    Posted: 05 Dec 2020 01:32 PM PST

    I was studying for my economics test and was reading on how banks work and the rise of crypto currency and I had this idea. Please note I am only 18 and I am constantly searching for business ideas that have not been created so I ask to simply inform me if this is even legal or not and be nice hahah since its just an idea. I had the idea that there is not a big bank firm that specializes in crypto currency. So I had the idea that what if I created a bank that specializes in Crypto. Then I had an even better idea. What if I created a Crypto bank for the marijuana industry. Now I do not smoke pot but I do support it becoming legalized for medical use. Understanding it is federally illegal and these multi million dollar dispensaries are just using cash. They can not store it in a bank since it is illegal. Now my idea was to have a bank where these dispensaries could use the cash that they have and purchase bitcoin and not have to keep cash in safes but have there money in a secure bank. My question is could this even work or is this just money laundering? From my understanding crypto does not really have the federal regulations that most banks have and I could see this being a profitable business. Again remember I am only 18 and just had an idea and wanted to get others opinion before I do more research. I will reply to all comments and am open to criticism.

    submitted by /u/Carter1Rohrbach
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    How is having a competitor having a $40M revenue per year for a seed stage startup?

    Posted: 05 Dec 2020 01:19 PM PST

    Guys I was a wantrepreneur for a long time and I just started working on developing a product with a team. It took me some time to gather a team and actually start building the product, as this is my first time. The thing is, Today I noticed that we have a product in the market, which is doing exactly the thing which I was planning to do and is already having $40M revenue in 2019. I really am confused. This is a good and a bad thing. Bad thing is such a product exists, but good thing is, I can see potential already. I'm unable to judge what shall I make of it, and am just a little disheartened. I really need to think what we can bring to table what they can't.

    submitted by /u/sahnisanchit
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    What can I do in my spare time to make small amounts of money?

    Posted: 05 Dec 2020 02:02 AM PST

    I'm an insomniac software developer who is looking to make some extra money on the side ($150-$300/week, nothing major). I've thought about freelancing, but with my full time job it seems impossible to get clients unless they're online and it seems like a rat race to the bottom.

    submitted by /u/SwimmerJane
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    10 things about PMF

    Posted: 05 Dec 2020 08:27 AM PST

    1. You have product-market fit when a market needs or wants your product.
    2. Lack of PMF is the number one killer of early-stage startup projects (34% fatality rate according to our data).
    3. Finding PMF essentially means fitting a good solution to the correct problem. In the early stages of the startup, this means finding and exploring a minimum viable segment (MVS, a group of people with the same problem that you can reach through the same channel) and creating a minimum viable product (MVP) for them to test if there is a match.
    4. Before you have an MVP, you need to validate the existence of the problem and the viability of your theoretical solution (the product promises). Doing this would ensure that your MVP is relatively close to PMF. The best tools to test for PMF before MVP are:
      1. Customer interviews
      2. Mock landing pages
      3. Exploratory content on social media and online communities
      4. A mailing list of potential customers
      5. Pre-sales
    5. After you have an MVP, you need to test your actual product against the market and iterate based on the feedback. To measure success, you need to use the right metrics: a metric that represents usage, and a metric that represents retention. You are searching for leading PMF indicators! The tools you can use at this stage are:
      1. Engagement data from Google Analytics + internal data
      2. Customer surveys (key question "How disappointed would you be if you can no longer use X?")
      3. Customer interviews
    6. Don't get fooled by vanity metrics like social media follows, registered users, website visitors, capital raised, etc. They don't indicate PMF!
    7. Segmenting your users is the most powerful tool for understanding your market in high resolution, identifying new opportunities, and interpreting feedback and data correctly.
    8. Kill your darlings! Don't fall for the sunk cost fallacy - quickly discard ideas that aren't working, no matter how much effort and money you've put into them. You need a sense of urgency: test as many iterations and ideas as possible to increase your chance of finding PMF.
    9. If you are wondering if you have PMF or not, then most likely you don't. Keep iterating or trying brand new ideas until you feel an obvious pull from the market. Once you see strong leading indicators of PMF, focus intensely.
    10. Product-market fit isn't enough, but it's the most important thing in the early stages of the life of the startup project. Focus most of your efforts on PMF until you have solid proof you've found it. Try to scale-up and grow only after you've found good PMF!
    submitted by /u/nicocerdeira
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    Pivoting Lesson: Make it extremely easy to land on a social spot for your users! Built a very sophisticated music discovery system: Nobody used it. Transferred it to discord. BAM. Have you tried this approach before? What were the eventual learnings?

    Posted: 05 Dec 2020 11:18 AM PST

    Hey!

    So I have posted here before, and failed miserably, and succeeded really well at times.

    These successes and failures, led us to iterate a lot, and now we are finally starting to find the balance, so felt like sharing with you, and learning from you all.

    We started out as a very sophisticated music discovery, and sharing system, but our user numbers were increasing very slowly. We shifted a part of the system to discord, so that users could listen to music together, and rather than directing them to the app, we now started directing them to our server on discord. The results have been truly amazing, the new user experience and engagement has just skyrocketed! Even more amazing, all these people now end up using the app too!

    I still feel that the app is more useful, but what I learnt after a lot of pivoting is more useful does not mean more popular. First we need to draw people in, then they become curious by seeing what others are doing, and organically start using your system!

    I might be wrong though! What are your opinions, and experiences on this?

    As many of you might have already tried this approach, what did you eventually learn? Is this observation true? Or are there any loopholes you see?

    I am tempted to share a link, but have learnt that's not a good practice. If you are curious please let me know in the comments, and I'll share the link with you.

    submitted by /u/svsobh
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    Anyone in the IT/Pc repair industry use homeadvisor?

    Posted: 05 Dec 2020 11:13 AM PST

    Is it lucrative?

    Any alternatives?

    Any other tips to grow?

    Are you satisfied with the results and what would you recommend?

    Thanks!

    submitted by /u/Azurezero6
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    Bio cosmetics

    Posted: 05 Dec 2020 10:45 AM PST

    Hi, I hope my post is acceptable , for a uni project I have to know what are the materials needed in a bio cosmetic lab that works exclusively with prickly pears as in extract the oil and make whatever cosmetic product that could be made out of that. If anyone has such knowledge please share ti with me and thank you :D

    submitted by /u/Apologod1
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    Does anyone know an EU/ UK based paint manufacturer for airbrushing?

    Posted: 05 Dec 2020 06:46 AM PST

    I run a pigment company but I don't have the connections or knowledge to make the leap into producing paints with our colours.
    I'm looking to develop enamels, acrylics, and lacquer based paints mainly for airbrushing, but perhaps in the future creating acrylics for brush work as well.
    Ideally the manufacturer would be the highest quality as we're happy to pay for getting the best product in the end.

    Any help would be really appreciated!

    submitted by /u/DorklyC
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    How can I keep the momentum going on my new product launch? Sales during our announcement period were encouraging, and have since drastically died down

    Posted: 05 Dec 2020 10:22 AM PST

    My niche brand launched a new product within a my community and got $300 of sales in the first 3 days (14 orders). Since then, things have run dry. I try to post every two days about the product, but ever since those first three days during the announcement period, I haven't gotten any sales.

    Sources of advertising: I have an Instagram social media following of 2.5K followers, and a partner with 10K followers. No paid ads, all organic content (and reposts from the partner).

    Am I posting too much? Am I not posting enough? I think I'll definitely need my partner with the larger following to post more, but I can't seem to figure out why sales have declined so drastically. Is this a normal thing, for brands that announce a new product? Sales are big near the announcement, then taper off over the following week?

    submitted by /u/gentlesir123
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    Looking for some twitter lists with entrepreneurs?

    Posted: 05 Dec 2020 09:04 AM PST

    Hi

    I am looking for some twitter list with popular and great entrepreneurs, do you guys know some and can recommend them to me??

    submitted by /u/vld4k
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    E-commerce Advice - Outgrowing my mentor resources

    Posted: 05 Dec 2020 08:51 AM PST

    Interesting Sub, I'm looking for some advice

    While it is not my core competency, I backed some e-commerce experts for a wholesale startup a few years back. We've consistently had 300X growth year over year. It's now about 20 employees and about $10M gross revenue. I've had one company I've grown bigger than this, but it was in a completely different sector.

    The problem I have is I've outgrown my mentor and colleague network, to where most of the people I talk to can't provide technical guidance on problem solving, new tools, tech, etc. while I appreciate all of the guidance they have given me, it now mostly focuses around risk management and guidance. Those are very important in the big picture, but doesn't help with the day to say innovation.

    Just curious if anyone is or has been in my shoes. I could use someone who has walked the path and willing to share their lessons as we push beyond $10M towards $20-$50M.

    We are starting to get into Private Label, ERTS as well.

    Also, I am happy to provide any advice on the following sectors, having decades of experience in them: Real Estate Brokerage, Real Estate Development, Agriculture & Clean Energy.

    submitted by /u/ibuildcommunities
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    How do I actually 'start'?

    Posted: 05 Dec 2020 04:58 AM PST

    I'm 20 and have been working in digital marketing, specifically SEO for 2 years now and I'm at a point where, in order to achieve my goals by the time I'm 25/30.

    I'm one of those guys everyone knows, they chat a lot about wanting to start a business but never do. I'm past deciding that I want to be in business but I don't know where to begin.

    I have a few ideas like SEO or email marketing or drop shipping but as I said before I don't know where to begin!

    I appreciate any advice, brutally honest or kind words.

    submitted by /u/BeBennyBe
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    I have a contact for a business I could acquire but I don't know how to open the conversation.

    Posted: 05 Dec 2020 08:42 AM PST

    I've got a business (I'm the only employee) where I do some quite specific watch repairs. Mainly polishing them and making the parts to fix clasps etc. I deal with the external parts of a watch not the movements (internal parts). A friend of a family member of my wife had a client staying at her holiday cottage and in March I was told-

    -He has a business (just him) where he makes small precision parts

    -Was wanting to retire but could not find anyone to take over his business

    -He had tried giving his equipment to a local technical collage but they did not want it.

    The facts then grew arms and legs now everyone is saying he makes watch parts and I could maybe get his business for free.

    I received his contact details today so all I know is his name, email, phone number and from the dialling code I know the county he is in.

    I figure there is no harm in making contact but I also feel like it could be time-consuming and not work out. How do I open the phone call/email/etc and basically say "is there some way you will give me your equipment and client list"?

    What is the best way to make contact -bearing in mind this guy has no idea who I am- I want to tell him I'm interested in finding out more in what he does then try and get his client list and equipment for as little as possible? Any suggestions would be greatly apricated.

    submitted by /u/WatchWorker
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    Just launched a website monitoring solution

    Posted: 05 Dec 2020 08:25 AM PST

    A few friends and myself wanted to create a product that provides end-users with the ability to monitor their websites. To start, we're mainly monitoring their domains' SSL certificate and notifying an email group that the user sets up (kind of like a distribution group) based on any expirations that are approaching on a specific domain, or any changes to a certificate that is found.

    Just wanted to share in the excitement of finally getting this released!

    If anyone has the time, and would like to give some feedback on the overall project - that would be awesome! Criticism is feedback too :)

    nodeify.app

    Description: Monitor SSL Certificates for any website that is setup, and alert on any upcoming expirations to SSL certs, as well as any updates / changes to them.

    submitted by /u/okontsograda
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