Accomplishments and Lesson Learned Friday! - January 08, 2021 Entrepreneur |
- Accomplishments and Lesson Learned Friday! - January 08, 2021
- Youtubers of Entrepreneur, how much do you get paid per view and what is your Category?
- How I met my Co-Founder...on Reddit
- What one advice would you give someone who is just starting out their entrepreneurial career?
- [Advice] I´m a Psychologist helping people to Build Unshakable Habits - I give away Free Calls!
- As a freelance writer, I find that many entrepreneurs and businesses are still in the dark about how content writing can help increase brand awareness.
- Need help with beverage label FDA compliance. Any suggestions?
- Finding Clients for my very niche (Health & Medicine) content creating business is more difficult than I thought.
- I have an instagram account with 1200 followers who all are interested in photography. I have a very good engagement. Any idea on how to make money through this account?
- What program lets you model your ideas and 3d print them?
- Looking For a Social Media Manager? What's A Fair Monthly Price?
- Many ideas, but noob
- Need some serious entrepreneurs from all over the world
- Startup idea: slow and steady or 'big bang'?
- Hello! Aspiring entrepreneur seeking early guidance
- $22.95k in sales within 30 days of ecom store. Shutting it down & lessons learnt.
- Where do I find nice online business case studies?
- Branding agency posted a pic with my startup name on it ... Before I've even launched
- Business name - do these sound similar?
- Reaching out to Banks or Investors in the UK with a business plan? Any experiences or advice?
- How do I find an appropriate way to get in touch with my target users？
- 21 y/o studying Science at UniMelb (~$A75/yr) - Long Story
- Your opinion -- What's easier? consumer focused startup or b2b focused startup?
- No motivation - SAD
| Accomplishments and Lesson Learned Friday! - January 08, 2021 Posted: 08 Jan 2021 02:00 AM PST Please use this thread to share any accomplishment you care to gloat about, and some lessons learned. This is a weekly thread to encourage new members to participate, and post their accomplishments, as well as give the veterans an opportunity to inspire the up-and-comers. 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]  |
| Youtubers of Entrepreneur, how much do you get paid per view and what is your Category? Posted: 08 Jan 2021 08:26 AM PST Serious question I crossed my milestone of getting 1000 subs and just about half way done with the 4000 Hours watched youtube has you do before you can get monitized started two months ago, last month i got a total of 100,000+ views any idea how much i would get payed or it varies alot by category and other things? Analytics: https://imgur.com/gallery/WEPYJ1d Niche: Finance [link] [comments]  |
| How I met my Co-Founder...on Reddit Posted: 07 Jan 2021 03:08 PM PST I met the co-founder of my current start up right here Reddit. If you're like me and have struggled to find a great co-founder I figured maybe this story could help. Product: www.trytabled.com First, a little background: I've started many software-related Entrepreneurial endeavors in my 20s, each with varying levels of success. One common theme I've noticed is that the biggest initial challenge is finding a partner who has complimentary skills to mine. Specifically, I know how to code. I don't know how to sell, how to market, and how to build a business, and finding a great partner who can do these things and is also Entrepreneurial like me has always been near impossible. I've tried it all: YC Start Up School, https://cofounderslab.com/, personal network - you name it. Never found a great partner. For my most recent venture (which earned the #1 spot on this subreddit couple of weeks back thanks to you guys), I finally found the perfect partner on Reddit of all places! The venture in mention is 'Tabled', which helps restaurants get their menu on the web and provides them with dedicated short links (e.g. tbld.link/harborhouse) for easy menu sharing and QR codes for hassle-free contactless dining experiences. My partner u/surfalldayday side of the story (In his words): Before Tabled was ever conceived, I was cold calling local restaurants to see if they needed help making contactless menus (see: Covid-19) and ended up closing a few sales. I would help these restaurants get their menu online, then design and print the 'Table Topper' which included their logo and QR code which linked to the now online menu. After selling this service for a few months, I thought to myself "Creating these menus is not that hard, and the process is fairly constant. Perhaps I can find a way to build software that allows restaurant owners do what I'm doing for them, but for themselves." Now came the hard part: finding someone to build it. I had an existing relationship with a great development shop in Pakistan whom I asked to build an MVP for my contactless menu creator for $1,000. They agreed and started to get to work on 'The QR Code Menu' (you can check out what they built here). As they were working on this, I knew that paying a development shop for each update to the app was not feasible long term, so I started to reach out to engineers in my network who might be open to a new side project. They all said thanks, but no. As the 'The QR Code Menu' MVP was being finalized, I was jumping around threads like r/restaurateur and r/restaurantowners to see if restaurant owners were talking about contactless menus and learn more about the problem. Deep, deep, DEEP down on one thread I found a comment from over over 2 years ago from a fellow entrepreneur who had worked on a QR code menu app and he posted a link to his app and LinkedIn profile in the comment. What happened: As many great connections begin, I slid in his DMs. u/surfalldayday and I had one Zoom call to meet each other and discuss what we were working and BOOM we were off to the races. He could sell, I could build, and we were both working on the same problem of digital / contactless menus. Within 15 minutes of talking we knew it was go time. So, we decided to merge our efforts from our previous, respective attempts at digital menus, and started Tabled together. We've been at it now for about 2 months and here are some highlights from out first 30 days post-launch: Total Users: 3k Total App Visits: 8.5k Total Menu Builder Visits: 4k Total Menu Views: 6k We still have a long way to go but I hope this story may serve as inspiration for all those out there looking for co-founders! If I've learned anything, it's to do what you can, with what you have, wherever you are. I've always made it a point to do the best work possible given the resources available to me, and the people I need to continue the journey, once I start walking on my own, have found a funny way of revealing themselves. [link] [comments]  |
| What one advice would you give someone who is just starting out their entrepreneurial career? Posted: 08 Jan 2021 06:11 AM PST I'll go first: You don't need an original idea. You can have a boring idea that is already profitable. You don't need to have the whole pie. You can have a piece of it. Competition is proof that the market needs your product. Unless you are trying to be a unicorn, you can absolutely enjoy competition. [link] [comments]  |
| [Advice] I´m a Psychologist helping people to Build Unshakable Habits - I give away Free Calls! Posted: 08 Jan 2021 10:12 AM PST That can't be right?! If you are suspicious then find it out yourself! Take the risk! I'm here to give. understanding your own psychology and get your habits straight is the foundation for a successful business. I know that from first hand experience. I myself built a daily 20 Minutes meditation streak of more than 700 days, working out 4x a week, read more than 200 books, uploaded already 250 videos on my YouTube channel (https://www.youtube.com/c/straightmind) and it helped me building my business. I also let go of a couple of negative habits such as unhealthy nutrition and overly procrastinating. P.S.: Here is the link to sign up for a free call: [link] [comments]  |
| Posted: 08 Jan 2021 06:37 AM PST Hopefully this article will help budding and established entrepreneurs to better understand the importance of content and copywriting in this increasingly digitally-driven world. Web 2.0 and social media marketing have changed the way that brands and businesses plan and implement their marketing strategies. As SEO has become a central component of digital marketing, content is inarguably now one of the most effective means of garnering brand awareness and demand. Importantly, consistent, high-quality content is an irreplaceable method of connecting your brand or business with your target market. With the increased use of smartphones and having pretty much everything you want to know at your fingertips at any time, consumers are more likely now than ever to research a brand, product and/or service before making their purchase. While this may not be the case for low-involvement products, it's almost always the case with high-involvement products. So where does content writing come in? Branding is a lot more than merely your company name and logo. It's the process of enticing consumers to perceive your brand or business in a positive way. A mere tag line, logo and colours will not help you in this aspect. In this social media-driven age, it's counterproductive for you to invest merely in designing a nice logo or coming up with a company name. Your consumers need to know who you are. They need to know what you stand for. Most importantly, they need to know how you can resolve their problems. Hence, content writing must be a part of your marketing strategy. Content writing communicates the promises you make to your consumers. It informs consumers how you intend to fulfil your promises. It can also inform prospective consumers on how you have previously fulfilled your promises to other consumers. Ideally, content from your website should be clearly conveyed, emotionally engaging and integrate keyword research and SEO. What's the purpose of the content? Is it to inform consumers about a certain problem? Once consumers have the information they need about a problem, they need a resolution. This is where your product or service comes in. The same can be said for content that explains your brand's ethos, mission and values. If they align with that of your target audience's, consumers are more likely to select your brand next time they need to purchase a product or service you offer. The best content writers will naturally compel consumers to be attracted to your product through story-telling. While results may not be seen immediately, content writing creates avenues for future consumer engagement. Most importantly, it's important for your content to be consistent across all channels. This includes your brand or company's website, social media platforms and traditional marketing platforms. Consistency in content and messaging will reinforce your brand image and communicate it across all channels. It's in your best interest for consumers to get to know who you are as a brand or business. And the most effective way of doing so is through content writing. [link] [comments]  |
| Need help with beverage label FDA compliance. Any suggestions? Posted: 08 Jan 2021 08:55 AM PST |
| Posted: 08 Jan 2021 08:22 AM PST I'm a doctor though my real passion is in creating businesses. Three years ago I started a Youtube Channel where We make animations about Interesting Medical cases. Now it has reached 11K subs and doing fairly well. All the animations are made by myself and my brother. Now we are just to about to hire our first employee; another animator. But our sole income method is Youtube Adsense; which is frustrating because it barely covers our expenses. Therefore I decided to launch another business; to offer Health and Medicine related articles to website owners, content marketers, and other creators. I already have a team of 3 doctors and one qualified Nurse who's writing articles for me. Their quality is superb and my local clients are really impressed with our work. I get requests for animations through my YT channel. But the problem is so far I have not been able to acquire any global clients for articles. I have tried posting on several reddit threads regarding my offers, but no one seems to be interested. In my honest opinion my website is still very immature (I'll upgrade it in the coming week), but my YT channel should be a proof for the quality of my service. What possible ways are there to acquire clients to my services? Do you know of any good example websites of successful content creating agency? My website has only around 10 articles yet. Should I post more articles before I use facebook ads/ AdWords to get clients? Thanks in advance. [link] [comments]  |
| Posted: 08 Jan 2021 02:40 PM PST So i already have other account with 2000 followers about something else. Basically a website and i offer services, i already made 12k Euros in 5 months from that account so i have an idea on how to make a business and how to sell and everything. What i need is an idea now.. How can i make money from my Instagram account where i post high quality photos of nature, mountains, views, sunrise etc. I need an idea, like to sell something, offer a service. Please if you have any ideas let me know. I need ideas. I dont know if this is the place to post this kind of things, if not please recommend me a subreddit. Thanks. [link] [comments]  |
| What program lets you model your ideas and 3d print them? Posted: 08 Jan 2021 02:34 PM PST Hello, Ive been interested on creating/inventing some creations that ive been thinking about for awhile. is there any program where i can model anything that i can think of and 3d print it. idk if theres such a thing. but if possible is there any program where i can model a mechenism and test it. im on windows. [link] [comments]  |
| Looking For a Social Media Manager? What's A Fair Monthly Price? Posted: 08 Jan 2021 12:45 PM PST Looking for a social Media Manager (specifically Instagram). What's a fair monthly price? Most people are asking for 3K [link] [comments]  |
| Posted: 08 Jan 2021 04:45 AM PST Hi all I've recently had alot of ideas for a business which I think could benefit people. The majority of these ideas would either an app or a website. I have no coding experience nor have I ever been around anybody who has run a business to know what is required. From doing some research I learned that I would need to map my ideas on paper, summarising; -The problem I am solving -How the website would look -How the service would be offered. I understand that I would need a developer to help me build it and salesperson to help me market. But in realistic terms, How do I take the first step? Should I book a developer and share my idea? What requirements would I need? If this post is a duplicate, could kindly direct me to some information where I can find out to execute on my ideas? Thank you [link] [comments]  |
| Need some serious entrepreneurs from all over the world Posted: 08 Jan 2021 01:29 PM PST Hello everyone I am from India .I have been doing business in digital marketing and software from last three years. I need some people from other countries so I can expand the business. Anyone interested or any suggestions how to make channel partners abroad... [link] [comments]  |
| Startup idea: slow and steady or 'big bang'? Posted: 08 Jan 2021 08:27 AM PST Hi All, I have an idea is a phrase I'm sure you have heard a million times and have grown weary of. But I don't have many so I am trying to make the best of the ONE idea I do have and could do with some pointers.
I'm sure there are a million things I need to know about the mechanics of setting this up, but I want to understand if the idea is even worth pursuing. Any constructive feedback or personal examples would be most welcome and if I get this off the ground maybe I can give you a discounted subscription! :-) Kind regards [link] [comments]  |
| Hello! Aspiring entrepreneur seeking early guidance Posted: 07 Jan 2021 06:23 PM PST Hello! I am currently an undergraduate student with a major in Computer Science. I'm curious as to what skills I'd have to develop in order to build a business around my specialty, and what I should do now to prepare for my future as a hopeful entrepreneur! [link] [comments]  |
| $22.95k in sales within 30 days of ecom store. Shutting it down & lessons learnt. Posted: 08 Jan 2021 03:29 AM PST Here are my Shopify sales: https://i.ibb.co/ctXGCqg/Screen-Shot-2021-01-08-at-10-05-55-pm.png Summary: Opened up an ecommerce store around 1 month ago. Reached $22.95k in sales within the first 30 days. Shutting it down because it's a failure. --- Questions: So, how much was the actual profit? Roughly $3k. Why? Ad costs totalled roughly $17k and the rest were COGS + fees etc. Now, that's pretty freaking bad margins. Sure, $3k profit in 30 days while working literally 30 mins every second day is pre sweet. But risking $17k to do so is not cool. Yes, ads are a risk and aren't a sure thing. That covers the reason why I'm not continuing to run this store. Actually, it'll probably be running in the background with low ad spend (which usually has higher ROAS). ---- So what are the lessons learnt? 1.) Things don't always work at first. You have to make it work. 2.) Some things aren't worth forcing Yes, these are contradictory. --- The story: It begins with lesson 1... The store struggled to make any sales at first. I thought it was hopeless. But I promised myself I would sell 100 products before I jump ship. Why? I had a case of shiny object syndrome. I jumped from copywriting, to a digital agency, to lead gen, and to every low entry business model out there. My logic was that the single thing stopping me from success was that I never stuck to anything long enough. So, after being extremely unprofitable for a week and losing a lot of my money, I stopped myself from quitting multiple times. Instead, I continuously changed everything I was doing. I changed my advertising strategy, revamped my website, changed my customer avatar, created a new offer, tested new prices, moved from a product landing page to a collection landing page, and eventually, I got things to somewhat work. By now I had surpassed my goal of selling 100 products. And at this point, things were looking hopeful. I started seeing profits and so I tried to scale. But... Scaling never worked. Whenever I tried to scale, I'd lose a significant amount of money. I'd try different strategies over and over. My mission to sell 100 products and then re-evaluating my business was foregone. Instead of thinking clearly, I developed an attachment to my store. I kept thinking "I just have to keep trying, something will work!". In fact, I still struggle with these thoughts right now. But guess what... Now I've sold over 600 products. That's 6x my original goal that I promised myself to reach before re-evaluating. I've been clinging to the hope that I'll figure things out. Looking back, I now think that if you have to literally beat the living crap out of a business to make it work, there was nothing really there to begin with. Not enough to really take off at least. Sure, some people might be happy with $22k revenue and $3k in profits their first month. But that isn't anywhere near my goal. And now, the story ends with lesson 2... This business wasn't worth forcing to work. --- If you have any questions, feel free to ask away. I think I've learnt a decent amount of things these last 30 days and I'm happy to help in any way I can. But don't expect full-blown responses. I'm lazy. (I only wrote this to procrastinate from work) [link] [comments]  |
| Where do I find nice online business case studies? Posted: 08 Jan 2021 03:53 AM PST Hi. I'm looking for case studies where people explain how they got an idea for a business, what was their marketing plan, how did they develop the main product, what were the financials - the more detail the better. An example of what I'm looking is https://www.reddit.com/r/Entrepreneur/comments/gs866a/from_0_to_32301043_in_14_months_with_a_simple/ I would also appreciate you sharing bookmarks that fit the description. Thanks [link] [comments]  |
| Branding agency posted a pic with my startup name on it ... Before I've even launched Posted: 08 Jan 2021 03:24 AM PST Hey everyone, I'm in Australia. Just had a not-so-great experience using a branding agency to create my brand logo, moodboard, etc. Basically, they gave me 2 designs. I rejected the first one and I feel like they took it personally. Their work after that wasn't great and I regret following through and paying the rest of the invoice. The situation: after paying and receiving all the rights to the 2nd design, I found that they posted a picture of the 1st design saying that it was a shame that it got rejected. Posting the design is totally ok because I know that they own the rights to it ... BUT it has my brand name on it which I'm in the process of trademarking. It would have been ideal if they posted the design but substituted my brand with another word. So, my questions are: 1. Are they allowed to reveal my brand name without my permission? 2. Is this an industry standard and I just have to accept it? 3. Was it rude of them to do so without giving me a heads up at least? Or am I overreacting? I have asked them to remove it from their socials but only just found out that they only removed the Instagram post, not the Facebook one 🤦♀️. I'm just very annoyed and over it right now. Thanks for reading this far ... [link] [comments]  |
| Business name - do these sound similar? Posted: 08 Jan 2021 03:16 AM PST Does the company name "Merqéda" (pronounced Mer-Kay-Da!) sound similar to Al Qaeda? I don't wanna throw the wrong vibes to customers [link] [comments]  |
| Reaching out to Banks or Investors in the UK with a business plan? Any experiences or advice? Posted: 08 Jan 2021 01:49 AM PST Hello lovely people, Me and my wife would like to start a new business in London - it is an idea that is already widely spread in mainland Europe and something we think we can do in London. I am working on the business plan for this, calculating all the costs, target group, infrastructure, suppliers, forecast etc. - in order to come up with how much we will need to start this business and what is the SWOT analysis and potential best case and worst case scenario. Sadly, we definitely don't have enough money to fully start this business and I was wondering if anyone has experience asking banks or investors for financing/investing (based on the business plan) - and what was your story, advice, recommendation. Do you think it is something that is achievable? Would you recommend a place where I can start searching, reaching out to people or any tip really? [link] [comments]  |
| How do I find an appropriate way to get in touch with my target users？ Posted: 08 Jan 2021 01:45 AM PST Hi everyone. I've seen many who have great ambition and ideas, but can not achieve their goals for lack of technical skill, capital resource, or a good team. It is what I'm always thinking about how can I help those who have such issues. Thus, I made a product (still in testing): Generally speaking, It's a no-code product, you can either create or join an organization to start the journey. Then you could gain access to the visual programming builder to design the back-end logic and front-end. It will end up be an application on your phone. As I'm enthusiastic about blockchain and cryptocurrency, this product will be based on blockchain. This is what's interesting about this product, because of the existence of cryptocurrency, you can motivate your users to interact with you more, or to form a tool to manage your community. However, this is also where contradiction appears, although this could mean more attraction to those who are interested in cryptocurrency, not everyone is into this. I hope this product could not be confined to small groups and help more ordinary entrepreneurs. I don't know where I can gain access to people who might be interested in my product, any good advice? [link] [comments]  |
| 21 y/o studying Science at UniMelb (~$A75/yr) - Long Story Posted: 07 Jan 2021 05:49 PM PST Hi all, I'm a 21 y/o (from Pakistan) studying B. of Mechatronics Systems at the University of Melbourne. I'm originally an international student, who came to Australia in March 2020. After high school, I decided I don't want to do University, because it'd be a waste of my time, and my family's money. I'd rather self-educate myself and then start a business. I began reading a lot and started doing a lot of entrepreneurial ventures (most failed), however, I learned a ton in the process. Long story short, I was convinced by family + people on Reddit that I should at least get a basic Bachelors degree at a good University (say UniMelb) because:
and so on.. Now the catch is, that I'm living in a college paying like $A30,000/yr for accommodation and food, and then $A45k/yr for University. The bachelor's degree is for 3 years, and I'm already done with my first year. There were some financial issues and I decided I'd drop out of the residential college, and then live in a sharehouse and get a job. (I haven't left the college yet, because I didn't like the dish-washing job). I tried dish-washing for one day, and bruh! I feel like I'm not made for it. It's soooo frickken labour intensive. Everyone here is doing odd jobs, like cleaning toilets or dishwashing etc. Pandemic means fewer jobs as well. I know if I work in a job like that, it'd barely pay my bills (accommodation + food - after I move out), and it'd drain me so much I cannot do anything else for my business/self-learning. I'm currently running a podcast, aimed at helping teenagers go through the challenges they face while growing up (I'm thinking of monetizing it when I start gaining traction and taking steps in that direction); and I'm self-teaching myself to make professional resumes so I can freelance ASAP I can. I'm reading as much as I can and educating myself about life, finances, and relationships, etc. Do you guys think I'm on the right track? I clearly don't want to grind in an odd job like dishwashing. Can you guys think of anything Entrepreneurial I could do, other than podcasts/resumes that would make me some $? I have this inner voice that says I'll be successful in the next 5 or 10 years, and I'm just thinking backward about the steps I need to take to get there. [link] [comments]  |
| Your opinion -- What's easier? consumer focused startup or b2b focused startup? Posted: 07 Jan 2021 09:20 PM PST All things weighed equal, which type of startup would have a higher likelihood of surviving? Going job searching and wanted to get some wisdom. [link] [comments]  |
| Posted: 07 Jan 2021 05:11 PM PST Im a seamstress who runs an organic clothing line. I make all kinds of women's clothes. I knew most of my life that I couldn't imagine myself working for someone else. The thought of it drove me mad. I've been successfully running my company, by myself, for about 10 months now. And when I thought that this would be my freedom, it feels more like a prison cell. My life has changed so dramatically. I don't see anyone, don't talk to anyone, I don't travel anymore. The days are becoming more of a blur. I haven't done anything in months. I feel so confused now, because I feel like this is career is draining the life out of me. The reason I started this venture was to give myself more freedom over my life. I'm not sure how to navigate this depression and lack of energy and motivation. Everyday feels like I owe someone something. Maybe I need to reconsider my approach. Something isn't working. Any advice/similar experiences would be appreciated [link] [comments]  |
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