Thank you Thursday! - April 01, 2021 Entrepreneur |
- Thank you Thursday! - April 01, 2021
- Turning a Small App Into a $20,000/mo Business
- How COVID Has Made A World Of Entrepreneurs
- Ive decided to start a fitness business because i have a passion for it regardless of the naysayers. Wish me luck.
- Is there a sub to actually talk about realistic small business ideas?
- Besides Reddit, where are you to go places for resources on being a more successful entrepreneur?
- A lot of Marketing Company’s
- What is a good name for an SEO/Marketing company?
- How can I stay hungry for success?
- Does anyone else here use Bookshlf?
- What have been the pitfalls and successes of buying ads in established email newsletters for a targeted audience?
- How to view my competitors retail locations?
- Could use some insight on 80/20
- 4 Best B2C SEO Techniques that will help you get more Traffic and Sales in 2021
- What is the name of this type of business and what website builder would you recommend I use to build the MVP?
- I founded and own 3 small businesses affected by COVID, is there any other opportunities for assistance besides the 2 rounds of PPP?
- Best free small business checking account?
- Anyone start a cart/kiosk business?
- Selling Product in Bulk Wholesale
- Rip my idea apart: AWS targeted at conservatives
| Thank you Thursday! - April 01, 2021 Posted: Your opportunity to thank the /r/Entrepreneur community by offering free stuff, contests, discounts, electronic courses, ebooks and the best deals you know of. Please consolidate such offers here! 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]  |
| Turning a Small App Into a $20,000/mo Business Posted: Hi all, I'm a full-stack web developer from Poland and together with my twin brother, we built FreeYourMusic. FreeYourMusic allows you transfer your playlists across music streaming services, e.g. Spotify, Apple Music, Amazon Music, etc. Most of our customers are simply people who want to switch to a different provider and take their playlists with them. I wanted to share with you how a small script I wrote for myself turned into a profitable business (the company is approaching 6 years). How I came up with the ideaImmediately after the release of Apple Music (in 2015), I really wanted to switch from Spotify so I could try it out. Usually someone develops a tool like FreeYourMusic, but after waiting 2 weeks I noticed that there still wasn't anything there. Moving 3000 songs manually would've taken me hours, so I tried to figure out how to automate the process. After a few hours of playing with Apple Script, I created an app that literally just used the mouse to click things in iTunes: search for a song -> click more -> click to add music -> repeat. How the app worksIt's really simple. First you log in with your account to one streaming service (for example Apple Music), and then you log into another (let's say Spotify). FreeYourMusic will then fetch all your playlists with song titles, author names, and albums from Apple Music. Then it will perform a search in Spotify with a little bit of magic to properly match songs, e.g. some services use "[feat]" and others "(feat)". Once FYM has properly identified all the songs, it will create a playlist in Spotify. Adding multiple sources and destinations is always a bit tricky, as they are so different from each other! Let's turn it into a businessI figured what I built could be useful for others, so I made a small website and posted it on ProductHunt. At the beginning it was free, but people could donate money via a "buy me a beer" button ;-) The first day I got reviewed in multiple newspapers and online magazines, got 20k unique visitors to the website, and made 97€ in donations. I thought, "All of this because I made a small script after work? Nice." Then my brother said, "Hey, let's make it better and start selling it!" So my brother Mike, our friend Chris and I, got together and spent all night creating a proper app. I think it was 5 A.M. when we released it. We got our first payment within 5 minutes and then went to sleep for a few hours. Things got crazy after that. I went back to work and saw people buying licenses all day long. We had so much stuff to do that I had to take a week off work. For the first few months we had to work 16 hours/day: half for our full-time jobs and the other half for FreeYourMusic. How the revenue changed over timeThe first month we made over 15,000€ in revenue because of ProductHunt, but the next few months were much smaller (around 6,000€). Now, after over five years, our average monthly revenue is around 20,000€ levels. We've experimented with different pricing models: it was 5€ at beginning, then 12€, and after some tests we saw that a 9€ price mark for FreeYourMusic works the best. In the meantime, we've also added support for iOS, Android, and many new music services. Thanks to FreeYourMusic, my brother and I were able to quit our day jobs and focus on building our own companies. How we grewFrom the beginning we focused on having the correct SEO tags and all the basics. If you Google "SEO website checker" you will get ton of resources telling you what you are missing: meta tags, descriptions, fast loading, h1 tags, compressing etc. It all affects your Google ranking. After that it all grew organically. We were just constantly improving our apps and adding new services and platforms. We were also the first to support Apple Music playlist transfer via an iOS app, which was made possible with the iOS 9.3 update. The real growth started when we realized that FreeYourMusic was a real business, not just a cash machine that would last for few months. After that, we started paying ourselves fixed salaries, but not too much. We kept lots of money in the company's bank account, and that allowed us to invest in the business. We've hired more people to help us with the development, marketing and customer support. We're constantly thinking about how we can improve FreeYourMusic so that users are happier. Right now we are launching a new service for music curators. It will help artists and brands to grow their audience with universal, cross-platform playlists. How we handled legal stuffFreeYourMusic was an overnight success, and we started making money on day 1, which forced us to open a company as soon as possible. Fortunately, my parents had been self-employed, so I was accustomed to business. In Poland you can open your own company in less than a day, so I took few days off work and by the next day had opened the company. Then we incorporated Civil Law Partnership, which was basically a joint venture of all the founder's self-owned companies. We had one problem with it, though. It was not a separate legal entity, and all liability would fall on us in case of any problems. People also trusted us less when they saw the weird "partnership" in the company name. They are used to LTD's and Delaware companies. So in the following months we established FreeYourMusic LTD in the UK and moved everything there. As for legal problems, we were always careful to not step on anyone's toes. The music business is really strict about their rights, so we made sure not to break any licenses. Things we would do differently
Of course we know all of this now, but when FreeYourMusic was starting, we had no idea how long it would last, so we were cautious to spend money. We didn't quit our jobs immediately, just in case FYM failed, and I think it was a good call: You should not jump into deep water. You should first try it out slowly and run your business as side project. At the same time, you should see where it's going and make a decision quickly: my current job or my business. In hindsight, we should've quit earlier. Some advice on how to turn your side-project into a profitable businessTo be independent, you have to make money to support yourself. If you have a project you're working on after work, but months have passed without it having any paying customers, that usually tells you that there's no market for it, or that you haven't focused on it enough. Before FreeYourMusic, I created numerous projects that failed, and this is what I learned: All businesses have to make money, and you need to quickly kill the ones that do not. Treat your side project as any other business. If it doesn't make money after a few months, either change something in your product or kill it and start something new. Also, outsource things that take a lot of your time but could be done by anyone. We wasted a lot of time replying to customer emails instead of improving the app. Read everything from Paul Graham. His writings contain so much knowledge and good advice that you'll be amazed. Go through stories of how other companies started. It's true when they say that almost every company has similar problems. For sure there is some company from the same vertical or with problems similar to yours which you can learn from. Talk to others. There are numerous Slack groups, Facebook groups, Quora questions, etc. You will be amazed how much others want to help you. Diversify. If we had kept focus limited to Spotify and Apple Music and only on MacOS, we would be much smaller or dead. Look around for market opportunities you are still not taking but that are easy to grasp with your product. For example, look at what Uber has done with delivering food. You can do the same even when you are quite a bit smaller than Uber ;) [link] [comments]  |
| How COVID Has Made A World Of Entrepreneurs Posted: You hear about it everyday, as millions of small businesses continue to go out of business due to COVID-19 and the way it has changed the way we do business around the world; however, what they won't tell you is the millions of new opportunities that have popped up around the world. I've seen spikes in the need for digital jobs such as coding, digital marketing, and even online translation jobs have seen an uptick. Being an entrepreneur I think part of the job is going to be looking at the glass being half full, despite conditions being unfavorable. COVID-19 has provided a unique opportunity for business owners and employees to spend time investing into themselves, time they otherwise wouldn't have if they were stuck at the office 24/7. My suggestion to everyone is to take this time to learn new skills, try new opportunities, and just learn about yourself. I post all the time about the resources out there and there's more and more coming everyday. Places like Scam Risk, Youtube, Google, and even now Facebook has started to post new course content. Utilize that information and better yourself everyday and I promise your business will grow [link] [comments]  |
| Posted: For years, i have worked for the system and I understand that nothing in life is better for me than to work for myself. [link] [comments]  |
| Is there a sub to actually talk about realistic small business ideas? Posted: All this sub is at the moment is a few people telling you how their digital marketing agency has taken off, or people day dreaming about starting the next cloud based SaaS startup. Anything about realistic small business creation? Hospitality, restaurants, lawn care, freelancing, etc.? [link] [comments]  |
| Besides Reddit, where are you to go places for resources on being a more successful entrepreneur? Posted: Covid has had me inside way too long that i decided to finally jump into starting my own business and its been going well, a lot of ups and downs, but hoping to go full time by the end of the year. Love browsing this sub, but was curious where there might be some other great places to consume more entrepreneur content? [link] [comments]  |
| Posted: This can't just be me, but i feel like i constantly see marketing company's on this sub. What makes all these start ups different is my question? also is there a lack of marketing company's? [link] [comments]  |
| What is a good name for an SEO/Marketing company? Posted: I am trying to think of a name for an SEO/Marketing company but have a hard time. My middle name is Van and I thought about using Van Marketing, but it has already been taken. I was wondering does Van Marketing Co sound like a good company name? The website would be (VanMarketingCo.com) and I feel like it might be too long. Also I feel like some people might think its marketing for vans and not companies. Any suggestions would be great! [link] [comments]  |
| How can I stay hungry for success? Posted: You know when you've been lazy for quite some time and then one day you feel threatened, example : Shit if I don't work I might not have food for the next month". So you become a working machine who only focuses on getting things done. whenever I'm in a similar place I give it my 100% effort and I never fail. But as soon as I'm far from a dangerous situation I get lazy again and barely get interested in working. My question is, how do I always keep this hunger but for greater results? [link] [comments]  |
| Does anyone else here use Bookshlf? Posted: Posted in another thread and thought this was deserving of its own post. Bookshlf is a platform to curate lists of content based on topic. Pretty solid entrepreneurs sharing a ton of helpful articles, video links, etc to start and grow a business. Was just wondering if anyone uses it and has a shelf they've made i could check out [link] [comments]  |
| Posted: Looked through old posts and realized that buying emails has to be done very carefully and has low return rates so I've shifted my strategy to email newsletters... Something I know even less about. [link] [comments]  |
| How to view my competitors retail locations? Posted: So basically I am trying to find out what stores carry my competitors products so I can reach out to them. Most of my competitors have a "store locator" section on their website but they are often just a map and only show stuff within 25miles of a specific zip code. Is there an easy way to see a full list of all their locations nationwide? I'm trying to figure out the easiest way to do this. Thanks so much [link] [comments]  |
| Could use some insight on 80/20 Posted: So right now I'm reading "Sell Like Crazy" by Sabri Suby. I've known for awhile that I really need to craft a better offer in order to get the leads really flowing.... and 30 pages into the book, it sounds like this is what he's trying to help readers master. I'm not going to casually read this book, just because I know this is my biggest opportunity and I've had a few of my entrepreneur friends give me the recommendation. He has a few different action items for you, and the first one is to analyze the 80/20 of what's most effective in my business. The only problem? I have no clue. Would any of you be willing to brainstorm a little bit with me and help me really determine what I should be doubling down on, and what I should let go of? [link] [comments]  |
| 4 Best B2C SEO Techniques that will help you get more Traffic and Sales in 2021 Posted: Do you know, What is the most common struggle of every Entrepreneur? Sales. So to deal with it, Many entrepreneurs hire digital marketers. But the outcome is often discouraging. Because many digital marketers don't pay much attention to SEO, They do SMM, Email marketing, Content marketing but leave SEO Behind or do a little bit like adding sitemaps or robot txt. SEO is the main key to get Traffic. But many marketers ignore it like it is not a big thing. Focusing on SEO is important, especially if you have a business website. But to be honest, there are so many SEO Techniques online, but very few works for B2C Websites effectively. That's why In this Article, I have listed down top 4 best SEO Techniques for B2C Companies that will help you get more traffic and sales. Hope it will be helpful :) #1 Keywords in Meta-Info and URLUsing Keywords in meta-info and URL helps search engine to show your Website to your Audiences. I have seen many websites where they don't use any keywords on their main page. Don't do that. Keywords in Meta-info and Url are just as important as in content. So if your Website's main page title is like this " XYZ Company Home, " Change it, and add your niche best Keywords in your title. e,g if you have a VR tools website. Then you should write your title like "XYZ - Get the Best VR tools for the lowest price." Simple, isn't it? Like that, you should also include your keywords in your meta-description and URL as well. Make sure your meta-description is not longer than 960 characters because it can make your website description harder to read. And don't use messy URLs. Use clean and keyword enriched URL for every page. #2 Add the most searched questions in your FAQWhen you ask questions on Google, you must have seen Snippet of the websites that answers The question best. Search Engine sees which website gives the best answer and adds that snippet on the front page. So adding the most searched questions can get you more traffic. There are many helpful tools that can help you find the most searched questions like answer the public, also asked, or answer Socrates. #3 Use Long-Tail KeywordLong-tail keywords are longer and more specific keywords that visitors are more likely to use when they're closer to a point-of-purchase or using voice search. So it would be best if you also target long-tail keywords with short tail keywords. And because long tails keywords have very less competition. It will be very easy to rank as well. You can use Google free Keyword planner or any other tools to find those keywords. Just remember, long-tails mean longer and more specific keywords. e,g Sony PlayStation VR box instead of a VR Box like that. #4 Use SEO Tools to enhance your WebsiteNo, I'm not talking about Tools that charge 100$/ month. I'm talking about Free Tools. There are many Free helpful Tools that can boost your website more than you can think. Because SEO included many Things, these Tools will help you find your website's weaknesses and also help you fix them. [link] [comments]  |
| Posted: I've got an idea for a business but don't know what category it would fall under, nor which website builder would be best to build the initial service. The idea would be a website, which would essentially allow professionals from a certain industry to become verified with their background, achievements etc. on their own 'profile' on the website. 'Students' would then use the website as a directory to find professionals who will be willing to sell their time via video calls and mentor them for a certain price (decided by the professional). We would handle the payment, essentially acting as a middle man (student pays us, we take our cut, and then pay the professional), and they would organise a time for a video call. What category would this business fall under? And secondly, I have created a few websites on Wix and SquareSpace etc. and am also a graphic designer, so wouldn't mind drafting up the initial site to get a few 'professionals' listed and handle a few payments to see if there is interest before hiring an external website developer. Does anyone have any recommendations for a website building service such as Wix which would be able to handle all of the necessary components to get this idea up and running? Thank you in advance :) [link] [comments]  |
| Posted: I founded and own 3 small businesses, COVID has had an impact but we've been able to stay afloat. I'm more of a big idea, sales, managing guy and not the best at finding bargains, tax breaks, etc. Two of my businesses qualified for both rounds of PPP, which allowed me to keep most of my staff. I'm wondering if there are any other grant/stimulus opportunities or resources available that I'm not aware of? Thanks! [link] [comments]  |
| Best free small business checking account? Posted: Looking for a business checking account with no account fees, min balance, spend etc. to use while we grow our business over the next year. My cofounders and I will all contribute a small amount into it to keep us going. Who's the best? We have a company credit card with Bank of America we plan to make purchases on and then pay it with whatever checking account we go with. [link] [comments]  |
| Anyone start a cart/kiosk business? Posted: I'm thinking about starting a cart/kiosk business, either in a mall or in a park. It seems to be hard to find solid information on this so I'm just wondering if anyone can point me in the right direction and give me some advice. I'm looking for costs, main issues, potential profitability, etc. [link] [comments]  |
| Selling Product in Bulk Wholesale Posted: What would be the best way to find buyers for wholesale product in bulk? Especially when product is heavier (180lbs per set) 4000-5000lbs in total so, freight shipping would be required. Any online sites? Product has great resale value. [link] [comments]  |
| Rip my idea apart: AWS targeted at conservatives Posted: This is not about my personal politics. This is about an idea I believe has value in today's climate . AGAIN — THIS IS NOT A POLITICAL POST. Please focus on the idea itself. What if there were a hosting service marketed toward right-wing business owners? There's currently a huge anger at big tech, and what went down with Parlour made national news. I feel like a simple hosting service could make a lot of money here. "Do you own a small business? Where does your website live ? Is it safe or do you have some content that big tech could easily SHUT DOWN?! Well, make the move to PATRIOT HOSTING, where we will host your small business and promise to never shut you down". A bit more context : AWS is like a hotel. Websites and apps need somewhere to "live" once created. People pay AWS for a "room", and they get room service (hosting features ) for their monthly room payment. This isn't creating a website — it's creating the infrastructure for a website or service . maybe instead of being so specific at conservatives, it could be "safe web hosting in the age of cancel culture: we won't cancel your app ! Move it to our hosting" I'm spitballing here. I want this idea torn to Shreds as I'm being far to simple-minded and optimistic I think. [link] [comments]  |
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