Accomplishments and Lesson Learned Friday! - May 28, 2021 Entrepreneur |
- Accomplishments and Lesson Learned Friday! - May 28, 2021
- Top 9 reasons this sub is hot garbage
- What is your single biggest complain when working with someone into web designing and data analytics?
- CBD Infused Coffee, tried it?
- Entrepreneurs who are in college:
- Saved $50 / month on my Zapier plan by coding automations myself - sharing my code!
- New nocodedevs site up and running. learn to create your project - no code required
- Created a working concept app and have investors interested.
- When there's a gold rush, sell shovels!
- Anyone wanna take over my drop shipping niche? It’s been very successful but I’m ready to try to find some more successful avenues to go down. Read below.
- What does this world need?
- Want to build a tech startup? Ask a software developer.
- 5 tips for success
- The exact framework we use to launch Products
- My Next Steps.. What Should I Do?
- Manufacturers
- CRM for sales agency
- What kind of courses would make me a better entrepreneur?
- How do you beat your competitor who has a similar product but an insanely good referral channel?
- Anything like the Jam Pad in 2021?
- Important things to look for in a co-founder and managing differences
- Who is using Stripe Payment Links? What is your Use-Case? (Selling without a Store-Front)
- Does anyone have experience with pony kegs/ little beer stores?
- Anyone else create a sales video/ webinar before?
- Why IT Outsourcing Is The Best Strategy In Post-Covid Times?
- Good morning. I have a question.
| Accomplishments and Lesson Learned Friday! - May 28, 2021 Posted: 28 May 2021 02:00 AM PDT 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]  |
| Top 9 reasons this sub is hot garbage Posted: 27 May 2021 10:02 PM PDT Hating on this sub has become popular in the past few hours. Let me explain why this sub sucks ass. 9) "I need help with this idea, but I'm not telling you what it is because you're going to steal it" 8) People who calculate profit without factoring in what they paid themselves 7) "I have no revenue and no business experience. Where the angles at?" 6) "I'm lazy and unwilling to invest my time or money in a real business. I bought a course from a guru who showed me how to get a drop shipping site online by 4pm today. Just wondering where you think I should retire to once I make my millions". Credit /u/ninefeet 5) "You should get into power washing" 4) Any genuine request for help by someone who's actually put in time to establish a product or service is flagged as self-promotion and shut down, thereby removing users who are actively trying to seek help to build their business. 3) "I have no skills, no money, an not enough forethought to think about what type of work I like to do. Even though you know nothing about me, what business should I start?" 2) "I've got an idea. Somebody pay me."
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| Posted: 28 May 2021 11:14 AM PDT Hey everyone, wanted to know first hand experience that you have had in the past that made you go arghhh this shit again..! when dealing with a web designing and/or data analytics agency/person? [link] [comments]  |
| Posted: 28 May 2021 11:24 AM PDT Conducting some market research for my small business. CBD infused coffee is said to limit the anxiety induced by drinking coffee with high contents of caffeine. [link] [comments]  |
| Entrepreneurs who are in college: Posted: 28 May 2021 11:23 AM PDT Do you view college as a backup plan to what you truly want to do with your life? For me, I ideally do not want to finish college and want out as soon as I am running a business that generates enough revenue to manage full time and taking time off from school. I have no desire or want to complete college because I have no desire or want to work for a corporation or under a boss other than myself. However, I am still in college as a backup plan to if I am unsuccessful at forming my own business by the time it's time for me to graduate. I have talked to some friends and family and nobody seems to share my viewpoint on college. Does anyone else have a similar outlook as me? [link] [comments]  |
| Saved $50 / month on my Zapier plan by coding automations myself - sharing my code! Posted: 28 May 2021 11:17 AM PDT I had been paying Zapier $50 / month to automate connections between Teachable (when a new student signs up for my courses), Mailchimp (to add that student's info), Slack (to send myself a message), and Google Sheets (to store the student's data in a sheet). Thinking this was crazy, I decided to just code the connections myself. It was surprisingly simple! If you'd like to learn to do this yourself, you can fork the code from my Repl (https://replit.com/@mattblank/LIAF-Automations-Course-Final). I also walk through the code in a video on likeiamfive.com, which you can definitey finish before the free trial expires. Some topics that this video + tutorial covers include: Cheers! [link] [comments]  |
| New nocodedevs site up and running. learn to create your project - no code required Posted: 28 May 2021 02:25 PM PDT Check out the new site. got loads of great things lined up for this project. we are going to be doing monthly icebreakers, bootcamps and posting loads of new content every week. check it out [link] [comments]  |
| Created a working concept app and have investors interested. Posted: 28 May 2021 08:13 AM PDT I built out a working concept SaaS app to fix a pain point in an industry. We created a website and a sign up page to see if there are people interested. I have been getting hits and just recently a investment banker contacted me. I have no idea what they would want to know. I'm not sure what to do next, I have never gotten this far before. [link] [comments]  |
| When there's a gold rush, sell shovels! Posted: 28 May 2021 02:04 PM PDT Obvious ones are shopify and oberlo. What others you can think of? [link] [comments]  |
| Posted: 28 May 2021 01:49 PM PDT So firstly I definitely want to be paid for passing over my information. I've been doing this since November 2020 and I've consistently made $100-300 daily, been a few days I've made $800 or more. So I'm not going to give out the niche but it's nothing from China, it's not electronics. These are used products that were mass produced and cost anywhere from $100-$400. They're not in boxes and don't have bar codes. This is a different style of drop shipping. I spent a few months trying the whole Ali express thing and was making peanuts. I've had a lot of success with this but it's like I'm almost bored of it. If you're new to drop shipping I'd be willing to teach you or if you're a pro and just looking for something new just let me know! Thanks. [link] [comments]  |
| Posted: 28 May 2021 01:38 PM PDT Everything I have seen on the sub lately has been leaning or full blown negative. So in the interest of better discussion. Answer this one question for me. What does this world need? That is the type of thinking that will stimulate ideas, so let's hear it! [link] [comments]  |
| Want to build a tech startup? Ask a software developer. Posted: 28 May 2021 01:01 PM PDT Hey, I'm a professional software developer with 6+ years of experience. I made a similar post recently and people got a lot of value from it, so we are trying it again. If you're a non-technical founder and have questions related to tech - ask me. Please ask specific questions. [link] [comments]  |
| Posted: 28 May 2021 12:51 PM PDT -SELF DISCIPLINE Self-discipline is the ability to make yourself do, what you should do, when you should do it, whether you feel like it or not. The difference between successful entrepreneurs and business failures is that successful entrepreneurs make a habit of doing the things that failures don't like to do. -INTEGRITY All successful business is based on trust. Your success in becoming an entrepreneur will be determined by the number of people who trust you, are willing to work for you, give you credit, lend you money, buy your products and services, and help you during difficult times. -PERSISTENCE Failures and obstacles are unavoidable in every entrepreneurship initiative. How you react to those obstacles determines your success rate. An entrepreneur should to expect to face more obstacles than they can ever imagine! Your greatest asset may be your willingness to persevere longer than anyone else. In fact, your persistence is a true measure of your belief in yourself and your ability to achieve success. Persistence describes the ability to push and push toward the finish line, even if the finish line seems comically out of reach. It's about tenacity and stubbornness, in the best sense of both words. It is an indispensable quality that goes hand in hand with all great success in life. -CLEAR VISION Often the vital energy that drives the entrepreneur to succeed is a clear vision of some end point. Vision is what makes entrepreneurs dare: dare to challenge, dare to insist, dare to keep pushing, dare to have the determination to succeed. A clear vision provides an entrepreneur with the fuel to perform and succeed. Because of the turbulence and rapid change in today's marketplace, most small business owners have been reduced to operating day-by-day, almost like firefighters. They are totally preoccupied with short-term problems and the need to get short-term sales and profits. They intend to spend more time thinking and planning for the future, but they don't ever seem to get around to it. But to become a successful business owner, you need to set clear targets for yourself and for every part of your business. In fact, perhaps your most important responsibility to your business is to have a clear sense of direction. -ACTION ORIENTATION While defining and pursuing a vision is critical to success the entrepreneur also needs to be able to instrument the vision, formulate it into something tangible. The difference between a dreamer and an entrepreneur is action. Successful entrepreneurs must be decisive and action-oriented. They must think and make decisions quickly. They discipline themselves to take action and to carry out the decisions they have made. They move fast, and they get quick feedback from their actions. If they find they have made a mistake, they quickly self-correct and try something else. [link] [comments]  |
| The exact framework we use to launch Products Posted: 28 May 2021 06:20 AM PDT We have a client that owns a SaaS product so I figured I would share the exact steps and process we go through to launch the product. *note: these are the initial steps and they are not always the same it depends on the product and the industry. After we signed the agreement we have the first meeting with the team that will be working on the launch. *note: the SaaS is a log management solution. 1.Kick off workshop and onboarding ( usually 1 week )
2.Discovery faze ( usually 3-4 weeks )
3.Potential acquisition channels review ( usually 2-3 weeks )
*the next 4-5 fazes depend on the outcome of the first 3 fazes 4.Strategy development ( usually 3-4 weeks ) 5.Experimental design + execution ( usually 4 weeks ) 6.Small batch feedback gathering ( usually 3-4 weeks ) 7.Iterate strategy ( usually 2 weeks ) 8.Output and Documentation Communication tools:
Brainstorming ideas and masterplan
Organize, track and manage work
Hopefully, someone will grab some value out of this, Cheers!! [link] [comments]  |
| My Next Steps.. What Should I Do? Posted: 28 May 2021 12:15 PM PDT So, around one month ago I decided to open a little dropshipping store. I'm 18 years old and I love business so I thought opening a little store would give me lots of experience and give me a taste of what the business world is like. All I'm going to say, is that I'm in the clothing niche. I'm about one month in and I have done £2500 in sales. I know this is not an incredible number, but this is with no marketing. I have only used two Instagram influencers that didn't even get me many sales as influencer marketing is so saturated. I really know my business can be scalable to be doing £2.5k a day with the right approach. I have been mainly making all my sales on a selling app that is not to popular but still known to many. My competitors have all had a massive decrease in sales since I have come onto the scene and been selling on the app. The main reason why is because my items are cheaper. As this is all being drop shipped, I have never touched the stock in my life. All the photos of what the suppliers have given me. I'm starting to think to order the best sellers into my house to take custom photography, and perhaps get some models and a photographer to help out. I just really don't know how I can make this more scalable. As all the sales have been mainly coming from that selling app like mentioned. Like what is the best marketing approach for this type of niche. I just know it can turn massive. I just really don't know what to do from this point. Google ads? Facebook ads? YouTube ads? Tiktok ads? Instagram influencers? I don't know if this makes sense, but my overall question is how can I get my brand out there. I have a budget which I can spend but I want to take the right approach. Any advice is appreciated. No one DM me about sharing my store information or trying to sell me an agency package. Thank you [link] [comments]  |
| Posted: 28 May 2021 07:54 AM PDT Hi , i would like to know if anyone knows any manufacturer that can make custom shoes around 100-200 pairs with custom boxes. If anyone knows please dm me or comment down below thank you in advance [link] [comments]  |
| Posted: 28 May 2021 11:05 AM PDT Hi, I want to provide sales services to customers. They buy leads package (ex: 100 leads to call), provide the leads, and my team calls the leads, follow up and close deals. Im trying to find a CRM that can help me track and manage different customer leads without mixing in all the leads together with tools that can help manage multiple customers of the agency, any suggestions? thanks! [link] [comments]  |
| What kind of courses would make me a better entrepreneur? Posted: 28 May 2021 10:51 AM PDT I'm going to study some business degree in Canada and try to settle there. But I want to take a course which will make me a better entrepreneur. What qualities are "MUST" for business owners? Accounting? Management? Finance? How about business analyst course? I'm positive that I can study anything if it helps me achieve my dreams. I am good at math, programming, tech in general, I am an engineer. Also I have to be employed in a company for atleast a year to get my PR, after that I can start my journey like you all brave people. [link] [comments]  |
| How do you beat your competitor who has a similar product but an insanely good referral channel? Posted: 28 May 2021 04:08 AM PDT Let's say you are competing with Tesla on the exact same features. Yours is a competitor who is 2nd to the market. But Tesla uses word-of-mouth referral where they give you $2000 for every car sale they get through you. So if you tell 10 friends of yours, they give you $20k. How do you beat their word-of-mouth referral as you can't afford to give $2000 & even if you did, you have exactly the same features so your customers would prefer to choose Tesla. Is there a way you can beat them? Or you have to choose other channels to focus on other than word-of-mouth referral? [link] [comments]  |
| Anything like the Jam Pad in 2021? Posted: 28 May 2021 10:04 AM PDT I remember reading about how Travis Kalanick (Co-Founder of Uber) hosted entrepreneurs at his previous home in SF to discuss creative ideas and/or build cool projects here Also, he talks about lessons learned from it here Anything like this in 2021? I would love to be apart of something like this :) Preferably in the Bay Area (software guy here) [link] [comments]  |
| Important things to look for in a co-founder and managing differences Posted: 28 May 2021 06:10 AM PDT Me and a friend have been discussing a plan to start a small business venture. Disclaimer: I have zero practical experience in starting or managing businesses and all my knowledge is limited to my study of business law in grad school. Now I am not exactly 'worried' about my would-be-co founder, but it's just .... we have VERY different backgrounds and personalities. I'm not sure we share a lot other than our passion and enthusiasm for our field of business (education and technology). Now this friend, he :
I, on the other hand:
Now, putting aside the idea of who is better 'equipped' to start a business (that's him), I am worried that some of our differences could potentially be source of conflict. I am confident in our ability to deal with those differences with mutual respect and understanding, but they are still there. For those of you who've successfully started businesses, did you ever start a venture with someone very different from you? Were these differences ever a source of conflict? What did you look for in a cofounder while starting your own businesses? Thanks in advance. [link] [comments]  |
| Who is using Stripe Payment Links? What is your Use-Case? (Selling without a Store-Front) Posted: 28 May 2021 05:05 AM PDT Some context: Stripe Payment Links are a checkout service by Stripe that allow you to sell without a store front. I am not associated with them, just curious. I personally don't quite get it. Who is the target audience? I am not accustomed to buy or sell without some form of website/store front. I understand Amazon. I understand Shopify. The main use case appears to be selling directly via text chat. Does anybody here use this form of sales? Why did you decide to go without a store front? Am I overlooking a sales channel that is not chat-based? [link] [comments]  |
| Does anyone have experience with pony kegs/ little beer stores? Posted: 28 May 2021 07:46 AM PDT Little background, I have a full time job that pays me well and I like well enough. This is not about quitting and following a dream, it is about a little side business for some extra cash. Not looking to get rich or get rich quick. Wanting an little side biz that can go on auto pilot. On the other side of my town there used to be this little walk up pony keg/ beer store. Sounds weird but it was actually a little stage the guy stood on - the bottles of available beers were displayed and there was a walk in cooler behind the display. Super low budget but he always had a great selection and it was very convenient to walk up to or pull up to. Now, where I live I think the demographics would work just as well, but you tell me. In a little uptown business district that see a lot of commuter traffic. The neighborhood is right next to campus, so loads of students walking about. The neighborhood is eclectic, liberal and expensive full time resident wise - so lots of people who walk to the grocery store, restaurants and coffee shops. Now the competition. The grocery store does have a very respectable selection. There is a wine store, but they sell very little beer and what they do sell is super beer collector limited run pint bottles and such. There is two gas stations kinda close - mostly cheap beer but a few regional breweries as well. My thought would be to sell mostly beer - perhaps 90%. Both great beer and beer pong beer. Maybe a few bottles of chard and rose' for the moms. And a small assortment of soda - mostly brand name but some specialty stuff because it is fun and the kids like it. No chips or snacks at all, probably no smokes or blunts, no lottery tickets, probably no candy either. Perhaps some ice-cream bars because I'll already have the cooler space and again the kids like it. Think - "oh what a cool little beer shop" not "oh that shady quickie mart with so much crap in the window you can't see in". I don't mind running it myself at first just to understand the flow and iron out the kinks. Very quickly however I would want to hire an employee. I'm thinking a very small footprint, 900sf or so, composed mostly of the cooler - no customer interior at all. Questions: What are issues that are not obvious if you have never owned a pony keg? What are pitfalls with beer distributors? Is this kind of thing profitable at all? I'm not trying to make a living off it so if $20-$30k net net is reasonable I would be happy with that. What are common margins on beer sales? I know it probably varies city to city. Does it need marketing or would word of mouth/ location be enough potentially? I know it could vary widely but what is a reasonable startup cost range? $20k for the cooler, $20k for inventory, $5k for inventory management and checkout? Then another $10k for "oh shit I didn't think about that." Is there any way at all to project how well this might work? Or any way to make reasonable assumptions on sales or foot traffic? Or is this the kind of thing where you need to just jump in and start super lean so if it blows up you can cut losses quickly and easily? Thanks all [link] [comments]  |
| Anyone else create a sales video/ webinar before? Posted: 28 May 2021 07:26 AM PDT I'm looking to make an online course and I see these videos all the time in funnels for like coaching programs on Facebook. Any tips? [link] [comments]  |
| Why IT Outsourcing Is The Best Strategy In Post-Covid Times? Posted: 28 May 2021 06:18 AM PDT Hey everyone! In our recent post, we discuss why IT outsourcing is a great strategy and how the global pandemic changed the rules for software development. You might find it interesting to read. Share in the comments what do you think about it! https://2muchcoffee.com/blog/why-it-outsourcing-is-the-best-strategy-in-post-covid-times/ [link] [comments]  |
| Good morning. I have a question. Posted: 28 May 2021 05:12 AM PDT I am motivated to do my own research but I know I have a lot of ground to cover as far as parsing information goes. In this field there is no shortage of grifters so I'm wondering if anyone has some sage advice for quickly identifying mid-tier bullshit. I can spot easy bullshit no problem. I just want to chew up some articles and YouTube and not waste a lot of time getting 3 minutes into some dogshit. Thanks in advance for any help offered and good luck in your ventures. [link] [comments]  |
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