NooB Monday! - May 31, 2021 Entrepreneur |
- NooB Monday! - May 31, 2021
- How to position myself as a web-developer and starting my own company
- What happens when you feel like giving up?
- I quit my 6 figure tech job to officially build my own dating app.
- What books would you recommend for a new entrepreneur?
- Has anyone bought a website from a place like Flippa?
- Best way to leverage my stock portfolio to get equipment loan as a brand new company?
- 200+ redditors on r/entrepreneur have spoken: if your ecommerce store isn't selling, your product's price is likely NOT the issue!
- Should I make a publish a Free public beta of my app?
- Advice on creating a LinkedIn "Leaving Job to Co-Found a Startup" Post
- Anyone interested in a different dropshipping technique? Hoping to get paid for my time as I teach. No I’m not a guru. These aren’t items from china and they’re not new items. No bars codes involved. These are used items and it’s been a gold mine. Before you scream scam pls let me explain further!
- I'm finally launching my dev recruitment platform after nearly a year of delays. The goal is to simplify the process on both sides, the recruiters' and the devs'. The landing page just went live a few minutes ago.
- I need to make international transactions
- How do I get press for my startup?
- Angel Investing Pre-Revenue: How much to ask for vs How much ownership to give up?
- Business ideas for a school course
- How do you know what to call yourself?
- How do you write a business plan and validate when you’re copying a business idea?
- How do i utilise cash in the short term effectively?
- I've been working on a tool to help me read more - instead of bookmarking / saving 100s of articles / podcasts to "read later" which never happens - I thought it'd be better to just condense them into 2min easy summaries. Would love to hear if others face this problem too?
- I'm more successful than ever and yet i'm depressed
- We are live on Product Hunt������!!!
- ProtTip - The BSR in most "sales estimators" is greatly exaggerated
- Do you consider Dropshipping an ACTUAL SUSTAINABLE business?
- A podcast of how I am trying to become my own boss
- Question about bank accounts
| Posted: 31 May 2021 02:00 AM PDT 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. [link] [comments]  |
| How to position myself as a web-developer and starting my own company Posted: 31 May 2021 06:04 AM PDT Hi there, I discovered my love for programming 5 years ago when stumpling upon a course at university. However, it took 4 years to realize that it's really what I want to do, so last year I started learning it seriously. I now have a basic grasp of how to do web development and aim to become knowledgeable in what is called "full-stack" - i.e. both knowing how to handle databases and what happens "behind" a website, as well as "front-end" i.e. how the user interact with the website. Added to this I'm learning SEO to learn how to help clients get the best out their website and attract as good and as many leads as possible. I estimate that in around 6 months I will be ready to take on my first real project. I'm planning to reach out to local businesses in my area and maybe do some freelancing online. However, I'm a bit unsure of how to position my business. Right now the small businesses often have a Wordpress website, or something similar to this - which is a lot cheaper than developing a custom website. I have worked some with wordpress and to be honest - I hate it. I feel limited and just feel claustrophobic from it. With coding, even if it's way much demanding, I feel free and love it. So I really want to create something where I can code - but I'm not sure on how to position myself and the benefits from having a customized website. Maybe someone with simliar experience can give their five cents? [link] [comments]  |
| What happens when you feel like giving up? Posted: 31 May 2021 09:53 AM PDT Hey. So as you can tell from the title I'm pretty down in the dumps right now. I hate it but it is what it is. I've been grinding this journey for a while now, working hard jobs to try and push the dream forward. I've faced family, financial, mental, physical, emotional challenges etc like I'm sure many of you also have. I knew business would not be easy. A good quote I once heard was 'Only do it if you can't not do it'. I'm passionate, driven and didn't think I was a dumbass even though I feel like one now. I think I'm at the end of the road though, some higher power just doesn't want me to succeed it feels like sometimes. I don't even know where I'm going with this post, I thought I needed encouragement but I don't? I'm mentally exhausted, my head actually hurts, I'm behind on rent and next months rent is due tomorrow lol my life is a meme right now. I think I'm slowly coming to the reality that even though I worked hard, the reality for me might just be that job I hate for the next 40 years but I work it in order to pay the bills. If I kill myself my family will be distraught and blame themselves and I don't want to put them in that position. I wish you all success in whatever you do [link] [comments]  |
| I quit my 6 figure tech job to officially build my own dating app. Posted: 30 May 2021 01:53 PM PDT Guys just hear me out. I want to tell my story and explain why I made this decision. And even if you find it crazy, then at least you should know my story. It's an amazing feeling when one day you just decide to take a different path than the one everyone else followed. You are left with that sensation of "What if it doesn't work? What if I fail?" I quit my software engineer job to pursue the entrepreneurial dream for over half a year now, and you want to know something? It feels good. No, you're definitely not crazy to think that way, so I'll try and answer the second thought you might be having: why should you build a dating app? I'll start off with why I got into tech in the first place. Back in 2015 a dating app called "Plenty Of Fish" sold its company to Match Group for $575 million dollars. I was super curious as to why. So I downloaded the app myself. I had the worst experience ever! It was the worst user interface I've ever seen. I told myself I could do so much better if I only had the tech skills. So I started my tech journey and became an engineer myself. Fast forwards 6 years and here I am, doing exactly what I envisioned all those years ago! "What's da Catch?" It's the name of my dating app. Catchy isn't it? (Pun intended.) Here's what makes WDC different: it's all about being straightforward with your intentions. No one wants to spend time and emotional energy for weeks talking to someone who never was on the same page in the first place. That's no longer an issue. Basically, for every person you match with, you choose one of three intentions: Date, Friends, or Something Casual. You'll both see what the other person chooses. From there, you decide whether or not you want to engage in a conversation. If you aren't sure about your initial intentions, no worries. Start a conversation and within 30 minutes to an hour, we will hit you with a prompt asking you "What's Da Catch? How do you feel about xyz? That way, we can try to save you endless small talk and get you straight to the point. The app is still in the works, But you can come to check out the website and keep on the lookout for future updates and app releases. WDC [link] [comments]  |
| What books would you recommend for a new entrepreneur? Posted: 31 May 2021 11:55 AM PDT Two of my personal favorite books and the two I would recommend to any new entrepreneur.
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| Has anyone bought a website from a place like Flippa? Posted: 31 May 2021 10:56 AM PDT My wife owns her own business, and we are considering buying a website in a similar space. The idea would be to provide a service (her existing business), but also have a blog or drop ship company selling products or talking about her industry. Advice or experiences would be great! [link] [comments]  |
| Best way to leverage my stock portfolio to get equipment loan as a brand new company? Posted: 31 May 2021 11:43 AM PDT Have a personally portfolio of about $75k and need about $60k in funding to purchase the equipment necessary to start my business. What would be the best way? SBA? Personal secured loan? Any resources on start up funding grants/ loan equipment financing would be greatly appreciated. Thank you, [link] [comments]  |
| Posted: 30 May 2021 07:50 PM PDT there is a common misconception that if you want to increase sales, you should lower your price however, that is not necessarily true. a good business does not have to compete on price, because that is a race to the bottom. a good business competes on quality and innovation, and charges accordingly what are the main issues that would cause a customer to leave your ecom site? common factors include:
the actual product's price, if high, was never mentioned as a factor for leaving a site what can we learn from this? if your product isn't selling, fix your site, fix your marketing, but don't fix your price race to be the best, do not race to the bottom [link] [comments]  |
| Should I make a publish a Free public beta of my app? Posted: 31 May 2021 08:13 AM PDT Of course I screwed up the title.. Sorry about that, I should really get some sleep Hey I've been working on an app for the past couple of months. I was thinking about making an public open beta of my app and launching it on ProductHunt. If there would be any interest, I would then open a company and implement payments. I'm wondering if this is a smart idea or not? Problem is that I can't open a company right now because I'm a student so I don't want to risk losing my student benefits(such as free healthcare) and then be left with nothing if the app fails. I'm a bit afraid that someone might take the idea and create a new app by the time I can set everything up for a proper full launch.. What do you think? I pitched the idea to some of my friends and they all said that it's a really cool app, but unfortunately they aren't really my targeted audience so I can't be sure really... Thanks! [link] [comments]  |
| Advice on creating a LinkedIn "Leaving Job to Co-Found a Startup" Post Posted: 31 May 2021 09:41 AM PDT I was wondering if any of you have experience or advice when it comes to creating a LinkedIn post to announce the creation of a company and leaving your old position. I'm trying to:
We want to stay a little stealthy for now, and not unveil the product and business entirely, but I'll be pitching for sales to some within my network I want to make it clear I've left my old position. And to try and generate just a little bit of hype to be perfectly honest. I regret not saving more posts from my network when they were leaving their old positions and starting new ones, but I haven't seen many where they left their jobs to start companies. Do any of you have examples or tips when writing it? I'm not the strongest or most concise writer, so advice is appreciated. [link] [comments]  |
| Posted: 31 May 2021 12:55 PM PDT I would love to prove myself but without giving out every little detail. I definitely don't want to over saturate the product so I'm looking for maybe 3-5 people to teach until I find some more successful products. I never had luck with the classic drop shipping from ali baba so I finally found out a successful way of dropshipping in a totally different fashion. If you're interested just let me know, thanks!! [link] [comments]  |
| Posted: 31 May 2021 08:29 AM PDT DevTemple.tech is basically built to accommodate developers who hate having to update their CVs - or just dealing with that mess altogether and recruiters who don't want to be bombarded with applications that have nothing to do with the roles they're trying to fill. The goal is to use data to prescribe CTCs - and suggest suitable roles. Basically have the website be the job-hunter's assistant of sorts. They only get communication if a recruiter is legit interested in interviewing them - otherwise, no spam. That was a mouthful. So, would anyone be open to sharing some feedback on the landing page? 90% of it is not yet functional - just a heads-up. Also, it only works on desktop. [link] [comments]  |
| I need to make international transactions Posted: 31 May 2021 11:39 AM PDT Is there any tranfer facility from which I can send money instantly from one country to another with very less fees [link] [comments]  |
| How do I get press for my startup? Posted: 31 May 2021 11:34 AM PDT In the past few days, I've been trying to get news coverage for my product Mist. I've written a press release and crafted the perfect email pitch. The only thing that's left now is to actually find a contact list. Do you know any free or cheap press databases that I could use? [link] [comments]  |
| Angel Investing Pre-Revenue: How much to ask for vs How much ownership to give up? Posted: 31 May 2021 10:49 AM PDT Two other co-founders and I recently launched a SaaS start up in the EdTech space. We are no longer technically pre-revenue, as we are on track to hit about $250K - $500K in ARR (a couple of late stage deals in the pipeline would put us on the higher end of that range), but we all are still working full time jobs elsewhere. We are now actively pursuing Angel Investment so that we can start doing this full time, hire a team, scale, etc, but are in a bit of an odd scenario where we don't know exactly what's appropriate to ask for in terms of investment capital vs ownership stake for a company at our stage. If anyone has been in a similar boat, we could really use some advice! A few questions/comments. If there are resources in this Sub or elsewhere online, please point me in the right direction!
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| Business ideas for a school course Posted: 31 May 2021 10:34 AM PDT Hey!! Just wondering if anyone would be able to assist me?! I have a school project and need some business ideas for a simple project. Not too in depth at all. Thx in advance for those willing to help! [link] [comments]  |
| How do you know what to call yourself? Posted: 31 May 2021 10:10 AM PDT Hi guys so I've started my own business (yay) - it's boxing for fitness alongside fitness coaching and development (boxing themed workouts). I can't decide what I'm supposed to call myself? Entrepreneur? Managing director? CEO? It's just a one man band of a company, me as the coach, secretary etc etc. Thanks! [link] [comments]  |
| How do you write a business plan and validate when you’re copying a business idea? Posted: 31 May 2021 09:57 AM PDT I live in Australia and I see a lot of businesses ideas in the US and parts of Europe that I would like to start here in my city. I've done cursory research and found no one with a similar business idea and was curious if the business startup process was different when the idea has been validated and built elsewhere? Has anyone here brought a business to their local market that was working well in another community? [link] [comments]  |
| How do i utilise cash in the short term effectively? Posted: 31 May 2021 08:02 AM PDT My family business has a property portfolio and we've managed to save a couple of hundred grand earmarked for this. However the market is currently in a place where I dont want to invest. This cash currently sits in a bank account. Is there a way i could invest this to generate some returns while I wait for the market to improve. I dont foresee requiring it for a c good 6 months. [link] [comments]  |
| Posted: 30 May 2021 03:18 AM PDT tryconcisely.com - building a v early mailing list of people interested in receiving summaries of their favourite content. (Bookmark an article - and it would automatically give you a 2min summary). Would be awesome to see if anyone else wants to join :) Would also be great to hear what content (long form articles, podcasts) you'd like to consume more of but don't have time for? [link] [comments]  |
| I'm more successful than ever and yet i'm depressed Posted: 29 May 2021 06:33 PM PDT I'm 22. I'm 4 classes away from graduating with a degree in business finance. I'm on the finance board for the civil air patrol, the official auxiliary of the air force. I'm teaching myself web design and programming. I have a work/study desk job at Amazon. A buddy of mine went on a ten day hiking trip and put me in charge of his trucking business in his absence and he's really impressed with my performance and seems interested in continuing our professional relationship. I'm getting sober. I work out and read every day... and I'm fucking miserable. Maybe part of it is corona isolation and everybody going home for the summer and me having so many obligations in my college town. I don't know what it is, but this is the worst I've felt in a while. My biggest contact is my room mate who acts friendly with me, but I get the vibe he hates me. I feel like he's constantly trying to plant negative thoughts in my head. The obvious solution is to stop hanging out with him, but it's him or isolation 5 days out of the week if you don't count work and CAP. is depression part of success? Is it really this lonely at the top or some shit. I don't even consider myself at the top. If I'm unhappy now, was my life better partying? Are these growing pains? Is it like that bible quote, "Go by the narrow gate, for wide is the gate that leads to destruction."? I hope this isn't coming off as a humble brag, I really want some likeminded people to give me guidance. I sigh my way through every day checking the boxes on my obligations and my habits and the 15 year old in me is constantly telling me to buy an ounce and play some video games, but something keeps stopping me [link] [comments]  |
| We are live on Product Hunt������!!! Posted: 31 May 2021 07:06 AM PDT To be honest, I'm a bit afraid as PH is a big step in our validation, and I also know you guys can be mean 😂. I started building Slice 6 months before COVID-19 start, focusing ONLY on the legal infrastructure without talking to potential users, so now after I took a long break I got a second chance to do it right this time! In short, Slice is a new and simple way to trade and invest in real estate by introducing fractional shares of rental properties. I shared our LP a week ago +-. We are live on the upcoming product page of Product Hunt intending to talk to as many users as possible to understand better what properties you care about, how to build your trust, and later to provide early access to our platform. So if you are curious about tech and real estate, we would love to talk to you! [link] [comments]  |
| ProtTip - The BSR in most "sales estimators" is greatly exaggerated Posted: 31 May 2021 06:23 AM PDT Kinda like finding hot singles in your area. They need you to believe that products with low reviews are making 1000s of unit sales because of their BSR. They want you to see an "opportunity" Now for the facts: 5%-10% of buyers leave reviews. Sometimes it can be about 1% of the total # of seller orders get feedback but it's rare. So if a BSR claims listing does 1500 units per month, you can expect 50-150 reviews/month. This is like influencers with "views" but no merch turnover or engagements on their socials. The products that are touted as hidden gems have things like 10-20 reviews total. They sell you the dream like it's easy to make money on Amazon with a little arbitrage. You just need $2,000 to get started. Don't forget to pay them $99/month for their "sales estimator". Further, I think they do branded content with Youtuber and Udemy and sell it as an "education" to poor unsuspecting people who want to get into eCommerce. I know shopify used to actively allow people to manipulate the dashboards by adding "offline" sales, which you can then show your friends how much you are making from dropshipping or ecom. Love to hear your thoughts! [link] [comments]  |
| Do you consider Dropshipping an ACTUAL SUSTAINABLE business? Posted: 31 May 2021 01:26 AM PDT Do you consider dropshipping as a respectable business model? How about its sustainability and longevity? Is it only good for small time business? [link] [comments]  |
| A podcast of how I am trying to become my own boss Posted: 30 May 2021 02:29 PM PDT Hey everyone, cheers [link] [comments]  |
| Posted: 30 May 2021 11:33 PM PDT Hi I am a 17 year old entrepreneur. I have been practicing dropshipping for a few months now and I have been amazing and I am super blessed and thankful for my success. I am currently making about 10,000$ profit per week. I scale with FB and now tik tok ads. I was wondering if my bank account is gonna question me at all or get suspicious about stripe depositing $2000 into my bank account every other damn day Thank you [link] [comments]  |
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