• Breaking News

    Monday, March 8, 2021

    Home Unlabelled NooB Monday! - March 08, 2021 Entrepreneur

    NooB Monday! - March 08, 2021 Entrepreneur

    March 08, 2021

    NooB Monday! - March 08, 2021 Entrepreneur

    NooB Monday! - March 08, 2021

    Posted: 08 Mar 2021 02:00 AM PST

    If you don't have enough comment karma to create your own new posts, you can post your new questions here. You can also answer/add comments to anyone else's posts in the subreddit.

    Everyone starts somewhere and to post in /r/Entrepreneur this is the best place. Subscribers please understand these are new posters and not familiar with our sub. Newcomers welcome! Be sure to vote on things that help you. Search the sub a bit before you post. The answers may already be here.

    Since this thread can fill up quickly, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

    submitted by /u/AutoModerator
    [link] [comments]

    So I'm done with all this #hustle #getrich lifestyles

    Posted: 08 Mar 2021 03:53 AM PST

    <rant>

    r/thesidehustle

    I see the hastag #thehustle #grinding and I start to laugh at the images that appear.

    Sexy girls, stupid motivation quotes, cool cars, wealthy lifestyles...

    What an amout of crap. Its all so stupid, we are getting fed that the idea of a successful entrepreneur is to have expensive cars and hot girls dancing arround while making pasive money all day.

    And the reality of a successful entrepreneur is fucking insomnia, solitude, dealing with stupid clients, deadlines, investors behind your back tracking everything, mad girlfriends, 0 free time...

    Of course there are entrepreneurs living life and earning sexy money. But not everyone. 97% don't.

    When im "sidehustling" at home after a long 8h of working and check instagram to see this kind of shit.. it makes me laugh.

    Shoutout to all grinding dads that sidehustle for a better family future.

    </rant>

    submitted by /u/travk534
    [link] [comments]

    3 Business Ideas Someone Should Build

    Posted: 08 Mar 2021 08:00 AM PST

    Hey everyone! I post regularly about business ideas and opportunities. I made a previous post like this and you all seemed to like it. You can check out more ideas like this here.

    #1: Murder Mystery Walking Tours

    The Opportunity

    This idea is less revolved around a pain point and more of a fun idea. Nonetheless, I still think someone should build it. Here's the background:

    • I recently participated in a city-wide scavenger hunt put on by Let's Roam, a company that organizes and manages scavenger hunts across major cities. It was a great way to see parts of the city I usually wouldn't, get me outside, and a fun activity for my friends and me.
    • The other day, I learned about the company Hunt a Killer, a murder mystery game delivered through monthly subscription boxes that does multiple millions a year in revenue. Each month you get new clues, puzzles, and story details that progress the game.
    • Lastly, the company Detour (no longer in service) provided walking tours via a mobile app + headphones. After being acquired by Bose, they ended up going nowhere.

    The Idea

    Someone should combine these concepts and create a murder mystery walking tour that takes you around a city collecting clues to unlock new parts of the story. This could all be delivered via a mobile app, a little narration, and some geofencing.

    I imagine it being just like Hunt a Killer, but done like a scavenger hunt across the city. You could charge people to unlock new tours, have new DLCs, and even tie in seasonal contracts with local shops and restaurants to maximize the experience.

    Note: I drew inspiration for this idea from the MFM Podcast

    Current Solutions

    • Story Tourist - This seems like a similar solution, but rather than using real places, it's based on fictional places. It also appears to be operational in Europe but not in the States.

    #2: Airbnb Deal Finder

    The Pain Points

    Have you ever negotiated Airbnb or VRBO prices? I hadn't either until my friend told me he saves ~20% on every Airbnb he stays at. I learned there are a number of tactics he uses to save on lodging such as:

    • Leveraging his profile rating (it's a 4.8/5)
    • Seeking out new renters who are in need to guest reviews
    • Finding holes in the listings booking calendar. This indicates cancellations from other bookers.
    • Destinations that are on off-season

    The problem is doing all this hunting is a manual process that takes up time.

    The Opportunity

    Someone should create a simple chrome extension that analyzes Airbnb listings, highlights properties with the highest chance for giving a discount, and shoots them a message inquiring about a discount.

    I think this is a super simple idea that could help save people thousands per year on travel.

    Note: You can get kicked off of Airbnb for being too aggressive with discount inquires. My suggestion is to limit the number of inquires you can make via the platform and focus your features on highlighting potential deals.

    Current Solutions

    • There are many articles talking about how to save on Airbnb listings, but I couldn't find a tech solution. However, if you do develop a service around this, be sure to reach back out to all of those articles - they may link to you or give you some free PR.

    #3: Managing Interns as a Service

    The Pain Points

    If you've ever been in charge of managing interns, you know it's a huge pain in the ass. Typically, you spend more time per intern than you do a full-time employee. You need to recruit a cohort/class each year, help them figure out housing (in some cases), train them, and most importantly, keep them busy with meaningful work.

    It's basically like hiring a batch of employees and running a summer camp simultaneously.

    The Opportunity

    There should be a service to help manage internship programs. Here are a few ideas:

    1. As mentioned, internship programs can be a bit like summer camp. Having a company help manage that aspect alone could be valuable. They could help organize social events, help interns get set up in a new city, and create experiences that help interns get the most out of the program.
    2. An even better idea is to help companies create internship Bootcamps. Lately, we've seen a number of Bootcamp-style learning programs emerge and gain tons of traction. What if you could do that same thing within big corporations? This would require you to help a company create a program-based curriculum that teaches interns what they need to be successful within the company.

    Current Solutions

    • Parker Dewey - Parker Dewey offers "micro-internships", short-term project-based internships that last weeks rather than months. It appears they help find and manage interns for micro-internships
    • Internship Bootcamp Example - While this technically isn't a solution, it's a great example of what could exist. For this idea, they'd hire you to set up a similar program as the one linked.

    Thanks for reading!

    submitted by /u/papapatty11
    [link] [comments]

    If you live in a boring mid-sized town you could be making $1k/week with laser tag

    Posted: 08 Mar 2021 11:02 AM PST

    This is side hustle money, but requires an initial investment between 5k-10k. I'll break down some expenses at the bottom.

    Who is right for this: Someone that has decent customer service skills and likes interacting with the general public.

    If you're like me and live in a town where there isn't a ton of fun stuff to do for young people, laser tag might be a great opportunity. If you're also like me you probably have memories of playing in a dark dirty laser tag arena being rushed around with older kids and malfunctioning equipment. But if that's what you think of laser tag be a little more open minded.

    This is about providing mobile laser tag equipment for parties. What I like about this hustle is that you can maintain your costs low. You're not going to rent out space from a mall. You're not going to need employees.

    Acquiring customers for me is completely through social media ads and Google ads. When I first started planning this out I felt really motivated because I didn't see any competitors nearby. I was actually wrong about that. I later found out that there are two local competitors and an additional one that overlaps my area.

    What the competitors are doing wrong: Bad marketing & Bad equipment

    • When I said I thought I didn't have any competition I mean that. Of my 3 competitors two of them have websites (neither are mobile optimized) to make matters worse they have some of the worst photos I've seen. You have to really try to make laser tag look boring and they have managed to pull it off. The third competitor doesn't even have social media but he does have a GMB listing and some of his clients have posted photos and reviews. I've noticed the parties hes working seem to be younger kids, so I suspect he has a connection with a child care facility.

    For me putting together a proper WordPress website was quick and easy. What did take more effort (and a bit of cash) was photos and videos. I found a photographer that was willing to work with me relatively cheap. The subjects of the photos/video were my young cousins- compensated with lunch at chick-fil-a.

    This not only provided website content for me, but I also use these exciting action images of kids playing laser tag in my social media ads. I think this is really crucial. I feel like it gets overlooked when people on this subreddit talk about ads. There is a lot of discussion on the technical aspects but the actual ad itself has to convey whatever you're selling and I think we succeed at selling "fun". When it comes to keyword targeting you probably don't want to assume people are looking for laser tag parties (they're not). You want to be found when they search for things such as "birthday party entertainment". When it comes to advertising on Facebook you have to know how to target parents (moms). TikTok is something we haven't tried yet but will likely be doing very soon. Primarily I'm interested in marketing directly to the kids and getting them to ask their parents to book a party for them. Also something I'm preparing to do is EDDM, I'm going to target wealthy neighborhoods with a compelling offer.

    • The second thing my competitors are doing wrong (and what's going to cost you the most money) is getting good laser tag equipment. There are tons of options out there and i'm not going to shill for any company. But I would recommend you stay away from what you might find on Amazon. I can't emphasize enough you don't want to go cheap here. You want gear that will be durable and connected (yes the internet of things has reached laser tag). Bluetooth and wifi are features that some of this equipment has. I recommend it. You also want some type of easy to carry barriers for more gameplay options (this you can go cheap on).

    The money: Depending on where you are will impact prices. You want to aim for between $250-$300. Sessions should be 90-120 minutes. If you want to get some clients during weekdays you're going to have to offer lower rates on those days.

    Costs: After acquiring equipment your costs will be advertising, transportation, and insurance. There's a lot of possibilities here depending on where you advertise, what you drive, and what kind of policy you get. For me this is roughly $600/month.

    submitted by /u/DannyDawg
    [link] [comments]

    How we built and scaled an e-library to 250,000 books and 20,000+ monthly readers, for our client, without breaking their bank | An MVP and RPA case study for startups

    Posted: 07 Mar 2021 07:32 PM PST

    1 million classical copyright free books across 20 Indian languages engaging over 100,000 monthly rural Indian readers.

    This is what our client's goal looked like when they approached us 6 months back.

    The goal itself looked like a massive task to pull off and would have required a lengthy development cum launch schedule & significant amount of early investments to make it a reality but unfortunately the client had neither.

    .

    Fast forward to today, the website has 20,000 monthly readers with a month on month reader growth rate of 19.2% and more than 250,000 books, currently on the path to achieve the original goal within the next 3 quarters or less.

    So how did we ever do it ?

    A- We took a less talked about development approach called the minimum viable product development strategy and divided the clients goal into multiple versions with each version having distinct set of features and an objective of acquiring a certain amount of users and books. In short we divided the goal into smaller goals and made a road map for the same.

    B- Dealing with such large volumes of content and data requires an agile system as initially there would be many batch operations/tasks that needs to be performed site-wide and often in a startup there is a lot of pivoting initially. Carrying it out manually would be an impossible task. Thus we used Robotic Process Automation to automate most of the tasks such as book collection, classification & sanitization & ensured the system remained agile for as long as we can.

    .

    Version 1.0 [Objective- Host 10,000+ books and engage up to 2,500+ monthly readers]How we did it ?

    We set a conservative target for 2,500 readers so that we can easily acquire them with little to no marketing. To do so, we simply made a web form and took a survey of the client's & ours's near and dear ones and on our social media circles asking them to select which classical authors & genres they liked.

    We had handpicked 50+ databases & sources where books across 10 Indian languages existed at this point but we only selected 7 sources which had books of the authors & genres the surveyed group were interested in.

    We automated the extraction of the books from those databases and started hosting about 10400 books. We classified them into author collections and started sending links over to our initial surveyed group and asked them to share it with their friends too.

    Constant sharing for 6 weeks and we had 2500 readers.

    Wireframe for fellow tech friends-

    Version 1.0 automated content collection wireframe | The grey circles represent the automation scripts.

    .

    Version 2.0 [Objective- Host 250,000+ books and engage up to 20,000+ monthly readers]How we did it ?

    After we achieved our conservative goals in Version 1.0, we were now confident enough to be a little bold and chase bigger goals. We wanted to now acquire 20,000+ monthly readers. But acquiring such a big number of readers by targeting only people around us was impossible, we knew we had to start indexing our book pages on Google search. In the meanwhile our data team constantly was acquiring more books.

    Thus we started preparing our books for Google. As all our books in general were fetched from all nook n corner of the old internet, the condition of the books' meta were not good and they left a lot to be desired. They contained all sorts of unwanted characters in both author names and book names. So we automated their sanitization and also ensured the URLs contained sanitized meta only.

    Sanitized as much was possible, added URL slugs, prepared the sitemap and put them for indexing on Google and other search engines. Constantly kept working on the technical SEO at this point and 12 weeks later we have about 20,000+ monthly readers and also about 258,000 books in our DB.

    wireframe for fellow tech friends-

    Version 2.0 automated meta sanitisation | The odd shaped containers represent unsanitised data.

    .

    Version 3.0 - Ongoing [Objective- Host 1,000,000+ books and engage up to 100,000 monthly readers]How we are doing it ?

    This stage involves solving crucial problems that has been creating issues for the existing readers. And foraying into social media marketing.

    1- Lack of enough genres & interest based classification of books

    We are working on an intelligent tool to classify all the books into thousands of genres and interest. (Our research suggests people on search are more inclined to look for books as per genre and interest)

    2- High loading time for almost all the books resulting in reader bounce

    Almost all books due to their age are in the format of PDF (Old books are usually scanned by public libraries and not for profits and turned into PDFs for digital storage and usage as PDFs are the most optimized format to store scanned images). The issue being here is PDFs in general take a whole lot of time to load and render thus leading to nearly 40% bounce. We are working on a tool to break the PDFs into smaller images and render them individually to reduce the loading time to a maximum 300 milliseconds from the existing 30-50 seconds.

    3- Opening up the platform for readers to be able to make their own personal mini library and increase personalization

    4- Almost all classical books content have poor cover pages thus decreasing the chance of user engagement, we are working on an AI solution to auto generate artistic covers for all the books so as to enhance visibility on the internet. This issue is so big that our estimates suggest we lose about 90% of the potential clicks due to this.

    5- Zero social presence leads the entire social acquisition funnel open and unused. Building up highly engaging social presence which leads up to more readers is an immediate problem we are trying to solve.

    .

    Breaking up your idea into smaller actionable goals while keeping them extremely realistic with enough features to acquire your first set of users/customers can ensure you achieve whatever goals you may have set.
    Even failures would not be expensive and you always will have the ability to pivot. But if you put your entire investment & time into launching the first version itself then its a great risk incase you fail.

    .

    A little about myself- I run a full service software development firm.

    We take up only a handful of projects every year and work with them to launch, scale & succeed.

    If you have a goal or idea which you want to make a reality then feel free to reach out to me at [info@abtris.com](mailto:info@abtris.com) or ping me your idea. I would love to listen to your ideas and work something out with you.

    submitted by /u/SwabhimanBaral
    [link] [comments]

    Together Price is a website where you can share your favorite digital service and save

    Posted: 08 Mar 2021 10:04 AM PST

    Hi there,

    I know that you are looking for a way to split the bills of your Netflix, Spotify, HBo and so on. I find a solution for you to save money and time to collect payments for your sharing group with a new service my team created called Together Price.

    Imagine having Netflix, you are sharing the cost of your Premium Plan with your roommates and to do it, you are leaving a lot of posts it on your Fridge to let everyone pay you on time.

    In the other side you know that you could share the cost of your Nintendo Switch Online family plan with other 7 Nintendo members to save, but you don't have 7 friends interested in Nintendo! Stop wasting time to leave messages on your fridge and don't post ads on Forums and Facebook groups to find people interested in sharing Nintendo costs with you! In both cases you can use Together Price! Why did I make these two distinct examples?

    To explain you that Together Price offers you a group payment system for those subscriptions that are only shared between roommates or households. But for all those subscriptions that have no restrictions such as Nintendo Switch Online Together Price also offers you its community where you can find trusted people to share and save.

    Together Price follows the terms of use of digital services and you can also use this platform to be informed about which subscriptions can be shared, which not, with how many people and what are the rules for doing so.

    Let me know what you think about it and what we should do to improve our service. Any feedback would be appreciated.

    submitted by /u/flacao9
    [link] [comments]

    Productive phone activity

    Posted: 08 Mar 2021 01:47 PM PST

    I know the titles weird, but I've been finding myself with a lot of time that I can't do any work, so the best thing is to go on my phone.

    This is because I have school, so I have 5 minutes every so often just waiting around when everyone is on their phone. I used to go on Snapchat and Instagram, but I deleted them.

    Just wondering if there's any apps or things to do on your phone during this time, preferably productive activities that help me learn more.

    Thanks!

    submitted by /u/Tw1nkle_Toes
    [link] [comments]

    Need your ideas!

    Posted: 08 Mar 2021 02:30 PM PST

    Best business ideas for rural areas?

    submitted by /u/liveyourbestlife83
    [link] [comments]

    What’s a profitable business to do on the side for someone in their 50s

    Posted: 08 Mar 2021 02:29 PM PST

    Hey everyone my dads been in the commercial automotive industry for the last 30 years. Has had experience being everything from driving a cab for 15 years to driving oil tankers.

    Works been a little slow for him for the last 5-6 months and is thinking of buying a crv or highlander and doing that on the side for the 2-3 days he has off from work in Toronto and the GTA. I'm not sure if it's the best idea so wondering if anyone knows any other businesses to start?

    submitted by /u/friitynig
    [link] [comments]

    Anybody in here have an ATV rental business?

    Posted: 08 Mar 2021 02:28 PM PST

    ATV rental seems like a relatively low overhead with decent profit margins. Wondering if anybody here runs something like that?

    What I picture is leasing 5 ATVs and renting them out for $300 a day if they're all rented out everyday it'd be $1500 daily before expenses and if you can manage to at least rent them all out for 20 days out of the month it adds up to $30,000 a month. Now if you include gas, insurance, monthly lease bill, storage, employees. You can maybe manage to profit half that or a little less. Thoughts? Ideas? Experience?

    The caveat to the whole thing would be setting up shop somewhere that has a lot of tourists daily.

    submitted by /u/BIMIMAN
    [link] [comments]

    My buddy owns a scuba shop. Wants to create an affiliate program to incentivize locals businesses to advertise getting scuba certified, scuba, and snorkeling trips. What's a good platform to accomplish this?

    Posted: 08 Mar 2021 02:09 PM PST

    He needs to keep track to reward businesses

    submitted by /u/JEWPACOLYPSE
    [link] [comments]

    First freelance software client

    Posted: 07 Mar 2021 01:45 PM PST

    I closed a deal with my first freelance client to build software for them. I worked in corporate before covid for many years but this is my first time doing it directly with a client. We agree on the scope, price and time frame for the project, and we agree if any requirement changes it will extra fee. So now I need to make sure to follow freelancing "best practices" I am located in CA btw and I have applied for a DBA and EIN number.
    So I have a couple of questions:

    ​

    1. Let's say the cost of the project is 10.000, what should be mile stones and pay structure for this 10k. Should I break it down to a few milestones and charge 50% upfront? What are the best practices for this?
    2. Do I need to get business insurance before starting working with a client?
    3. Except the scope, price and timeframe, what else do I need to add to the contract to protect myself
    4. How should I protect myself if the client decides to cancel before the end of the project?
    submitted by /u/wastesbarely
    [link] [comments]

    Contracting license/info

    Posted: 08 Mar 2021 06:25 AM PST

    Hi, I'm interested in getting into contracting but I want to go about it in a way that all my legal bases are covered. I know about liability insurance, but what I'm not sure about is licensing.

    The area I would be working in would be low-voltage like coax, Ethernet, phone lines, also residential electrical like simple light fixtures, outlets, etc (nothing high voltage and probably nothing inside a breaker). I also plan to offer IT services.

    I live in rural/upstate NY but I can't find any specific info about licensing. The IT services I don't believe would need any specific of licensing but electrical, even low voltage communication type stuff I'm inclined to think it would.

    Does anyone know where to start to find this info?

    submitted by /u/itsasseatingszn
    [link] [comments]

    I want to get a drywall contracting company going with my dad, if anything I think it would be best for him to get the license since he's more experienced in the field which is required (minimum 4 years journey level experience) What are some tips you'd suggest to get started?

    Posted: 08 Mar 2021 12:07 PM PST

    I am about to complete 4 years in the field until next year in spring time and then maybe I'll be able to apply for a drywall contractor's license. What are some things I should consider looking into and learning before making any big moves?

    submitted by /u/Guitar81
    [link] [comments]

    How do you ask a client for payment when you've been providing free services to them?

    Posted: 08 Mar 2021 08:13 AM PST

    I'm a beginner, freelance videographer, and I'm planning on doing some free work for clients to build up a portfolio. However, I have some clients who I feel like I will be doing future business with; and I want to know how to go about asking them for money (once I've built up enough experience) when I've been providing them with free services for so long. Anyone have any idea's on how to go about this, or have any advice from their past experience?

    submitted by /u/TheFirstDalaiLama
    [link] [comments]

    Follow up: Thinking about buying a car wash

    Posted: 08 Mar 2021 05:58 AM PST

    Hi Everyone,

    I posted this couple of weeks ago and this community helped me answer a lot of questions.

    https://www.reddit.com/r/Entrepreneur/comments/lsp31w/thinking_about_buying_car_wash_business/

    We took alot of feedback from this sub and applied it. A few key points which came out are as follows

    • We think the business is loosing money
    • Management seems to be the issue
    • the rent is 7700 a month for 4000 sq ft property
    • My business partner monitored the traffic during the weekend and weekdays but didn't see much traction
    • We got our car detailed from there but the person kept smoking while cleaning the car and the car have a smoke smell
    • There are 8 other detailers and car wash within 10km radius

    The business owner is asking for 100k and now based on our research we're thinking about offering 50k as an offer. Should we walk away or buy it if the price is 50k.

    Thanks

    submitted by /u/mfarazk
    [link] [comments]

    I see a gap in my community, I'd like to fill it. What are my options?

    Posted: 08 Mar 2021 11:53 AM PST

    Hey guys,

    A few years ago I got into a hobby of brewing my own beer only to find that there's not a single store within a hundred miles of my home. Everything is bought online and seeing as you're dealing with 10-50lbs of grain per brew, shipping can be a hassle (although bigger sites offer free shipping after a certain purchase limit, but they charge more for the grains).

    I won't bore you with the details but I will tell you what I did.

    I wanted to see if there was a demand for the product, so I looked on Facebook for a local group. There's not one. I made one. There is, in fact, a demand. Quite a few within 30 miles of me (I live in a small/mid sized town between two fairly bigger towns about 25 miles away. Driving to either is common here for goods you can't get otherwise).

    So the gap of a store is there and the demand is there. I have the knowledge of what's used and sought after. I need to know what I can do to get this going. What financing options are available? Are there grants? I've googled it, but.... Man all that stuff is behind paywalls and looks super sketchy.

    Any advice is appreciated! Thanks.

    submitted by /u/Specicide89
    [link] [comments]

    This post is for everyone here that wants to regain total control over their own time

    Posted: 08 Mar 2021 12:00 AM PST

    I will start by saying that if you feel you've lost control over your own time, then most likely you are being a reactive person in general.

    This means that:

    a. you get easily distracted;

    b. you feel you never have enough time for things that really matter to you;

    c. you have really hard times saying "NO" to people and in general.

    And here are some of the symptoms:

    i. you usually answer to a WhatsApp, text, or email immediately after you received it;

    ii. once you received a notification it takes you a few seconds, 2 minutes max until you actually check your phone to see what is that about;

    iii. you have a hard time saying "no" when someone asks you for a favor.

    Have you ever wondered what are the downsides of being reactive? Let me list just a few:

    1. You are not in total control of your own time or worse, your own life.

    2. You never follow through with your plans. Most of the time, others' plans will come before yours. And the worse thing is that you are helping them achieve whatever goals they have while you are delaying yours.

    3. You put others' interests before you and your own interests. And this usually ends up with all your time being taken and used by someone else.

    4. You end up working long hours, but usually not on the things you really want or enjoy doing which then ends up with you being frustrated and even disappointed.

    What to do about it? Here are 6 steps that will reduce your reactivity to a minimum and will make you 10x more proactive:

    1. Have a clear goal and a clear strategy to achieve the goal. If you don't make your own plans, someone else will make plans for you.

    2. Divide that strategy into milestones and each milestone in actionable steps. If you are not crystal clear in what you need to do what is the next step you will easily get sidetracked.

    3. Make sure that at the end of every step you have a clear measurable result. And once you got the result, the small win, celebrate.

    4. Put together a daily and weekly schedule based on the first 3 points. Own your time.

    5. Make sure you ALWAYS prioritize accordingly to your plan and unless it's not a life-death situation your interests should always be put first. If you won't put yourself and your interests first, no one will.

    6. Learn to say "NO" more often. Remember that every time you say "YES" to one thing, you say "NO" to 10 other things.

    Hope this helps!

    submitted by /u/cristian_nadu
    [link] [comments]

    An open-source alternative to Twilio

    Posted: 07 Mar 2021 06:35 AM PST

    Last week, we presented Project Fonos to a group of ~50 at the Hacking With the Homies Developer Conference (online).

    We performed a live exercise during the presentation, creating a Programmable Voice Application, deploying the application to our demo server, and originating a call using our SDK. As part of the exercise, we passed credentials to the group that was following along.

    We were nervous and stressed to present such an early version. But thanks to my team's exceptional performance, we successfully demoed the project and gain some confidence in our work.

    Link to project at Github: https://github.com/fonoster/fonos

    ---- Update #1 ----

    I'm currently interviewing companies with potential use-cases for this tool to help us focus on the stuff that matters. If you have a use-case, I will be happy to chat with you.

    ---- Update #2 ----

    From @mathdrug

    Business model, out of curiosity?

    IMO there are two primary ways that Project Fonos can create a sustainable competitive advantage: Implementing an Open-Core model and pursuing an Open Marketplace model.

    The current market dominators use the SaaS strategy. Fonoster (the company behind Project Fonos) will not do this. Instead, we want to offer a solution for companies to run their own infrastructure. This strategy's initial focus will be startups with a business that depends on telecommunications and VoIP providers who already have access to the core telecommunications network. The idea is to empower local VoIP service providers and startups that otherwise would not be able to create their solutions. Specifically, Project Fonos will diverge by avoiding the cost of connecting to telecommunication networks and instead focus on building a high-quality solution and implementing an Open-Core or Hybrid License model instead of a SaaS.

    Alternative, we are looking at deploying our own SaaS with a tweak. An Open Marketplace where telecommunications operators can offer access to local assets, such as call termination, text-to-speech, speech-to-text, intent analysis, storage, and more. – cutting out the middleman and significantly reducing the cost for final customers. This scenario creates a win-win situation for local VoIP service providers and consumers.

    I believe is a bit early, but so far, that's the plan.

    submitted by /u/sanderspedro
    [link] [comments]

    At what point did you leave your job to start your own business?

    Posted: 08 Mar 2021 08:57 AM PST

    I'm 24 and have a great paying job in an industry that brings no personal satisfaction whatsoever. I've wanted to start something of my own for a long time but am afraid that I could not afford to leave my job. For those of you who have started your own businesses, when did you know it was the right time to start off on your own? Did you work on your own business part time to start? I'd really appreciate to hear your stories

    submitted by /u/Chasen_Dreams
    [link] [comments]

    My brother in law and I just launched a letter writing web service. I'd love to get some feedback.

    Posted: 08 Mar 2021 08:45 AM PST

    Its still pretty raw, in beta stage but its functional and hopefully gets the idea/vibe across.

    https://beta.lettair.co/

    submitted by /u/adamb792
    [link] [comments]

    Looking for participants for a research project on entrepreneurship

    Posted: 08 Mar 2021 08:02 AM PST

    Hey, I'd really appreciate every single response so much. I'm desperately looking for participants for my survey. It'll only take 5 min max, and is for my research project - I'd really appreciate your support. https://forms.gle/MUS8czB7a4C6qHyM7

    submitted by /u/Affectionate-Ant-787
    [link] [comments]

    Continuous Improvement in the business world

    Posted: 08 Mar 2021 07:49 AM PST

    During this pandemic, many people have talked about self-improvement and how we should use our time to get better at what we do.

    For any business to succeed, it is paramount to continually improve its offerings, its processes, the people.

    How much time do you spend doing this, thinking about improvement? What tools do you use and what processes do you have in place?

    I personally have been a fan of Kaizen and its tools. Developed in Japan by car manufacturers, it is a continuous improvement process that focuses on finding and implementing small, incremental improvements. Toyota Production System is famous for utilizing Kaizen. It's employees continually improving how they work, how the cars are designed, how they learn, etc.

    I've written an article on Kaizen tools. I believe it could be of help for those businesses who are thinking about creating a continuous improvement culture. Kaizen and its tools could be of great value.

    Would love to hear more about how you improve your businesses, processes and products.

    submitted by /u/terry_teamhq
    [link] [comments]

    Anyone Have Suggestions or Tips On Importing LCL/FCL Ocean Freight from China to USA?

    Posted: 07 Mar 2021 11:10 PM PST

    I order a lot from China from various factories (usually Guangdong area) and the volume is starting to increase where it makes sense for me to look into consolidated LCL or FCL. Generally I have the factories ship everything to me DDP so they handle everything from door-to-door but it seems I could be saving a lot by consolidating into one container. But I don't know where to start. Should I be contacting companies in China or USA? How can I make sure I'm not getting burned? Alibaba has a freight service, anyone have experience using this?

    It's been a while since I worked with a freight forwarder or customs broker so anyone with a lot of experience in this realm have some insight to share on best practices and suggestions for ocean freight from China to USA? I don't have a freight forwarder or customs broker so if you could recommend one, that would be great. Goes without saying but I don't have a continuous annual entry bond so do you suggest I get one if I bring in a container once every 2-3 months?

    Truly appreciate the help!

    submitted by /u/bigjamg
    [link] [comments]

    Need opinion on e-commerce idea that targets people with anxiety, adhd etc. selling fidget toys, weighted blankets and so on.

    Posted: 08 Mar 2021 06:39 AM PST

    The items will be imported from china, im also planning to donate 10% of every purchase to mental health research..

    What are your thoughts and opinions

    submitted by /u/3dasak
    [link] [comments]

    Why is life hard?

    Posted: 07 Mar 2021 07:11 PM PST

    Why is it hard? Who made it hard? You can work as hard as you can and still not go anywhere. We have all this technology to live happily and there's still homeless and people nearly dying in the streets and others who are developing this apathy towards them.

    It's every man for himself in this world when it doesn't need to be.

    submitted by /u/Masol_The_Producer
    [link] [comments]
    Read more
    at

    No comments:

    Post a Comment