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    Thursday, June 3, 2021

    Thank you Thursday! - June 03, 2021 Entrepreneur

    Thank you Thursday! - June 03, 2021 Entrepreneur


    Thank you Thursday! - June 03, 2021

    Posted: 03 Jun 2021 02:00 AM PDT

    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.

    submitted by /u/AutoModerator
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    The Feynman Method: A mental model to quickly master any niche from scratch and dominate it.

    Posted: 03 Jun 2021 08:09 AM PDT

    TL: DR Richard Feynman was a Nobel prize-winning physicist who created a mental model to learn anything quickly.

    Here are case studies with 5 actionable hacks at the end so you can do the same👇

    A Case Study:

    Harry Dry is a marketing expert.

    His newsletter, marketing examples, is a key player in the space.

    Harry has gained over 60,000 subscribers in under two years.

    But Harry didn't study marketing at University. He has never been employed as a marketer.

    In his interview on the Everyone Hates Marketers podcast, Louis Grenier stated that Harry had more knowledge than most Chief Marketing Officers.

    The average age of a CMO is 52.

    Harry is 25.

    How is this possible?

    The Feynman Mental Model

    Richard Feynman was an American Nobel Prize-winning physicist.

    Bill Gates called him "the greatest teacher I never had"

    He was nicknamed The Great Explainer for his ability to break down extremely complex matter and teach it to others.

    Feynman also created a system to learn anything faster.

    The best way to learn anything fast?

    Study it intensely and create your own work around it.

    Start a blog, podcast, or community. Commit to learning everything you can about the topic quickly.

    Farnam Street Blog

    Another good example of mastering and dominating a niche is Shane Parrish who did just that with his blog, Farnam Street.

    Shane was a Spy for Canada's top intelligence agency.

    He wanted to learn to make better decisions. So he studied mental models. In order to speed up his understanding and learning process, he started a blog anonymously.

    He didn't promote it. It just sat there. But it picked up word of mouth and now Shane is a globally recognised expert in mental models.

    The Feynman Method in four easy steps:

    1) Pick and study a topic. Embrace all the key books, podcasts, and experts on the subject. Write down everything you know about it. Don't use jargon.

    2) Explain the topic to children who are unfamiliar with the material. Use simple language. If they fail to understand, that's on you and not them.

    Go back to the drawing board and return when you have simplified the process further. If early teens get it, you are good.

    3) Identify any gaps in your understanding. You're going to get stuck over certain points. That's normal. Even expected. Go back to the original work and go through it again. Simplify, get clarity, and understanding

    4) Then write a version of it in your own words.

    "If you want to master something, teach it" — Richard Feynman

    Harry Dry's step by step process

    1) The Idea:

    Harry was a web designer. He used a website called https://dribbble.com/ as many designers do to get inspiration.

    This gave Harry an idea. He was going to create the Dribbble for marketing.

    Tip # 1 — Look at what is working in other niches. What ideas can take and use in your niche to create something new?

    2) The Commitment:

    This is key. You have to put in the work. For this one post with 21 copywriting tips, Harry did the following:

    • Read 6 books ( Hey, Whipple, Squeeze This, Junior, Scientific Advertising, 22 Immutable laws of branding, Cashvertising, and The Adweek copywriting handbook!)
    • Bought and studied one course ( Honeycopy's Florida Snow cone course)
    • Studied Copyhackers

    Twitter has been Harry's main source of subscribers. He spends up to two days crafting his image, headline, and content.

    His attention to detail is second to none.

    Tip # 2 — Do what excites you. Cliché? Absolutely. But you will not have the level of commitment required to succeed otherwise.

    3) Simplify everything.

    Harry takes complex information and simplifies the message usually into images.

    Simplicity is key.

    Malcolm Gladwell is a multi New York Times Number 1 best-selling author. He was a staff writer on the New Yorker for over two decades.

    He is one of modern society's most celebrated authors.

    They tested the school standard level of his writing. It was 8th-grade. ( aged 13-14 for us Brits and Europeans)

    He was delighted.

    Gladwell knows one of the keys to his success is to explain complicated and unconnected things simply.

    Tip # 3 — Don't use jargon or fancy words. Clarity is the goal. No one cares if you're clever.

    4) Distribution

    Distribution is king. Without eyeballs your amazing content is futile.

    This is where Harry excelled. He wrote down all the places that marketers and entrepreneurs hung out online.

    Harry put in the promotion grind. Without distribution, we wouldn't be talking about Marketing Examples.

    Harry has built in public and distributed his content everywhere.

    In total, he posted his content in 24 different sites, Facebook groups, slacks channels and subs.

    You can see the full list here

    Tip # 4 — fish where the fish are.

    5) The Artist/ Creator Mindset

    The biggest challenge for any artist, creator, or entrepreneur is within themselves. We get in our own way.

    Fear of failure, self-doubt, procrastination, and perfectionism.

    These are your biggest obstacles.

    The main thing is to get started. Have a release plan and strategy and stick to it.

    And keep showing up.

    The results you want are in the process you do day after day. No process, no results.

    Tip # 5— Reframe failure. Welcome it. It's an essential part of your creative journey.

    Harry's # 1 tip for shortening his learning curve?

    "Feedback. High-quality feedback is everything. Otherwise, you never know where you're going wrong." — Harry Dry

    Somewhat predictably I have a newsletter. It's got creative hacks and mental models to build audiences and overcome creative blocks. It's surprisingly good. You can sub here if you like.

    submitted by /u/RebelMusoSociety
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    I built a new tool that ranks AliExpress products by growth instead of total orders to discover bestsellers early [Try Free]

    Posted: 03 Jun 2021 05:47 AM PDT

    On AliExpress you can sort products by the amount of orders, but this isn't a good indicator for how popular this products are at the moment. What you really want to look at is how much the order volume changed in the last couple days and weeks. If there is an uptick in sales this can be a good indicator for an upcoming trend or an unsaturated niche.

    This is why I build the site https://dropshipscan.com/ which scrapes thousands of products a day on Aliexpress to log the change for the 'Orders' metric over time. You can use it to sort products by growth descending to see which ones perform best. But it gets better, it also estimates the profit margin you can expect for every product by using the official APIs of the big ecommerce platforms. Using the descriptions and keywords of the products at aliexpress it searches for similar listings and gets the retail prices of them. It always uses a weighted average to have the most realistic estimation and to not rely on outliers.

    This unique ranking method of order growth AND the estimated profit margins can help you to be miles ahead of the competition and to stop wasting time with products that don't sell or don't make much profit at all. For example you can set a minimum profit margin, sort by order growth descending and search with keywords from your niche to get exactly the products you need to make money!

    And of course you can add the results to a watchlist and export them as a CSV with all titles, prices, pictures etc. to use them with Shopify or Woocommerce. I would be really happy if you would give it a try and use the free trial to take a look at what I built https://dropshipscan.com/

    submitted by /u/spacpro
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    Need advice, Startup with 10 software patents but a rogue board member

    Posted: 02 Jun 2021 09:24 PM PDT

    I have a situation that I am at a total loss on what to do and seeking advice from more experienced people. I have a startup that I have sunk around half a million into, which I am the CEO of. I'm the only officer of the company. We have 10 patents on systems related to video streaming television content and we have a finished platform with apps for mobile and web. Our patents are good, and our attorneys believe several major competitors may be in violation of our patents though I cannot do any enforcement at the moment due to lack of funding. I had considered the patents to be more about preparing ourselves for a future acquisition than about initiating lawsuits anyway.

    We actually had an open beta of the platform live for a few years as a proof of concept, which acquired regular users but only around a few thousand as our content library was very limited. After spending around $1.5M in development (which included licensing around a hundred titles of movies, all of the software development, employee salaries, patents, office space. etc. ) we needed to raise another round of investment to scale. And I did find people willing to invest, as I had a previous successful exit in this space with a prior startup. Most were micro investors but we had one major investor aside from myself, who I gave a board seat to.

    Here is where things went wrong: the major financial investor has gone rogue. He is not an officer of the company and was not heavily involved in any of the day to day affairs; I managed everything myself. This startup was my vision and dream, and his contribution was invested capital. But after I had some patents awarded and we had a largely launchable software app ready to go live, he started behaving erratically. To make a long story short, he launched a scheme to get me to make him president of the company and this scheme involved introducing me to a group of people who would 'help' us raise capital, but only if the board member was made president of the company. This group of people were not licensed broker dealers, and they also did not seem to fully understand what the company did -- they were under the impression we were a video game development company and the pitch materials they showed me positioned my video streaming television platform as an online video game developer. It was extremely bizarre.

    I refused to step down and make the board member president and since then he has been exceptionally difficult to deal with, going so far as refusing to cooperate with me any further. He insists on getting his investment back, which was $1M, before agreeing to let me raise any additional funding. In truth he actually owes us additional money per his signed investment agreement but due to the toxic situation I haven't pursued it. Being unable to raise funds I had to let employees go, and kept the company 'alive' by paying the server fees every month, handling everything customer service wise myself, but as we lacked the userbase for ads (and we did not have enough licensed content to do paid subscriptions, both of which our platform can support --- ad sales and paid subscriptions). So I was pouring money into the company and trying to find a way out. I had the misguided notion if I just found another serious investor for the company, he would accept it because otherwise he'd lose his investment is we just went bankrupt, so I eventually found one. But the board member refuses to accept any deal where he is not bought out for the money he put into the company, so he basically wants to be paid $1M to let me do any investment deals. I understand his behavior is considered a breach of his duties under Delaware law but I don't have the expenses to have a lengthy court battle with him. He's threatened to sue me several times over the past 1.5 years although he's never taken any action on this. His behavior is just very bizarre and I have no good explanation for what happened or why he behaves this way.

    I had our attorneys look into selling patents and we had an unofficial offer from a well known patent purchaser for just under a million for the patents. I didn't even mention this to the board member because I figured he would refuse it, since it doesn't get him his investment back.

    With the company pre-revenue and having no chance at becoming profitable if I can't raise additional funds to license content and then advertise the service, I don't see us being able to sell for a high enough valuation he would get his money back, since I'm also part owner of the company and I have my own money I've put into here that I wouldn't get back. There are also some micro investors into the company and although their contributions are small, they don't deserve to lose their investment, either.

    I then tried licensing the software to others but that has proven difficult because many of the companies seeking to launch their own online video streaming services seem to believe making this software is cheap and won't agree to the license structure I devised, which covers our costs of providing service plus gives us royalties on their earnings. It's actually in my opinion standard to what you'd pay licensing the region rights to an MMO client and server (which is the only related comparison I have for this type of software), so I don't think it's asking for too much. This isn't a flash in the pan application, it took our team of engineers working for a year to have a launchable platform with clients for multiple mobile devices.

    I am at a total loss on what to do. My attorneys suggest litigation but I cannot afford what it will probably take to get the courts to remove him from the board as I expect he will fight back. I have successfully won litigation in the past for a deal gone south, I expect this would go similarly and I cannot afford to start the battle when I know I probably cannot afford to finish it after pouring so much of my money into this current startup. Even with ligation I dumping more cash into the company before it can turn a profit.

    It's the most frustrating thing in the world to have literally built the software I was dreaming of for years, to make it something launched and that people were actively using, and having the entire thing fail because I took investment money from someone who seems to want to be CEO so badly he would risk his own million dollar investment by refusing to be cooperative at all. I am also certain if I do hand him the keys to the company he will try to Zuckerberg me (unlawfully dilute my ownership) which doesn't really help me avoid the litigation situation.

    This is a pretty unconventional problem I have no experience with, no one I trust has experience with, thus the throwaway account. My only clear solution is the litigation route to remove him from the board, which at present is not a good solution. Is there any better ones? It's depressing to say but at this point I'd sell the company if I could just get part of my own money back if it would mean I get this guy out of my life, but despite the "potential" of the company due to the market and the patents, I don't know if I can get the number he is asking for. I doubt it at this early stage.

    submitted by /u/throwawaytech999
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    We used Genetic A/B Testing to increase Website Conversion by 300%

    Posted: 03 Jun 2021 07:33 AM PDT

    At my startup, we love to do A/B testing! Especially on our marketing site.

    But we got really tired of planning, setting up, and executing experiments, not to mention collecting the results and deploying them - often in combination with the results of other A/B tests. Tedious and time-consuming.

    So - we started using Genetic A/B Testing instead!

    What the h... is "Genetic A/B Testing"? 🤨 Well, if you don't know - I don't blame you.

    It's a term we came of with to describe a system we created, which builds on top of regular A/B testing, but takes an "evolutionary" approach instead.

    Eventually, we ended up increasing our website conversion by almost 300%! Waaay faster than we could have done under normal circumstances.

    Let me break down how it works:

    We line up a queue of variants (or mutations, if you will). 60-80% of incoming traffic gets directed to the "main" variant, and the remaining 20-40% gets directed to the "experiment".

    Here, we roll a dice and send the visitor to one of 4 active variants. These 4 variants now "compete" in order to take over the "main" variants position.

    They have 10 days to do so.

    If they manage to beat the "main" variants conversion rate, they'll automatically get promoted and become the new "main". Otherwise, they go "extinct" - which means they get removed and replaced by the next variant in the queue.

    We implemented this using AWS, CloudFront, and Lambda@Edge. The whole thing actually started out as one big experiment, but we were so happy with this system that we still use it today 💪

    If you're interested, I'm breaking the whole concept down into details in this YouTube video: https://www.youtube.com/watch?v=eJDFyIKIBKM

    Also - I'm interested in hearing, what do you think about this idea? Have you tried creating something similar for your products?

    submitted by /u/Simon_LH
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    Just launched the app I’ve been working on for 9 months!

    Posted: 03 Jun 2021 09:54 AM PDT

    One year ago today my team and I (4 college students) launched the first version of vrtumind. Vrtumind is a mobile app (iOS) that uses artificial intelligence to make you happier.

    We've spent the last 9 months working with a couple PhDs to nail down the AI & data components better, and are super proud of all the progress we made on top of our CS & engineering classes.

    I'm posting here because I'm looking for some brutally honest feedback. I'd love to know 1-2 thoughts about the app, even if it's just your initial impression. We want to make this something that people integrate into their daily routines, but I'm sure everyone reading knows how hard that is.

    Again, if you have even a single thought, just pop in down below. Hopefully more real feedback about real startup products will improve r/Entrepreneur! We'll be posting updates on our traction in r/EntrepreneurRideAlong and you can check out r/vrtumind to submit a feature request, bug report, or start a discussion!

    submitted by /u/NKCLARKE2
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    I built an app that lets your Listen to your favorite articles on the internet like a Podcast

    Posted: 03 Jun 2021 10:54 AM PDT

    👋 Hey guys

    I've been an Audiophile for as long as I can remember, and when I discovered Podcasts, I was absolutely blown away! I've been regularly listening to the Tim Ferris podcast and My First mil by The Hustle, and I absolutely love it!

    The process of making podcasts is hard though, that's why I made a Chrome Extension that lets you listen to your favorite articles on the internet - TechCrunch, WSJ, The Verge, etc and listen to them in audio form!

    Would love for y'all to checkout Listnr for chrome!

    Apologies in advance if this breaks any of the subreddit rules :(

    submitted by /u/INTLHelper
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    How do I monetize a successful Instagram account?

    Posted: 03 Jun 2021 05:55 AM PDT

    I have an account that I post my travel photos on. Its not huge but its growing fast and gets good engagement. How do I monetize it without it taking up too much time or shilling for other brands?

    submitted by /u/LL112
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    I made a website and app that’s like a personal Google for your own stuff, but with better search.

    Posted: 03 Jun 2021 03:21 AM PDT

    Hey there fellow entrepreneurs and start-up enthusiasts! For a long time I wondered why the way we store files in the digital space has remained unchanged from how we've been storing physical paper for centuries. About three years ago, I decided there must be a better way and, after studying an MSc in innovation and entrepreneurship at a top European school, I dedicated myself with a team of crazy genius engineers to the creation of a new cloud storage service that functions a whole lot like the memory of the human brain. It associates everything thrown into it with its context (what it's about, which information it relates to, where it's from, who created it, when it was saved, how important is it, etc.) instead of just one folder path or keywords.

    The software lets you store all your digital resources (photos, videos, docs, websites, notes, etc.) in one place and understands how they are connected – a bit like an automated version of a PI's bulletin board, but with three dimensions instead of two. Amongst 5 ways of looking at your files, there's even a 3D visualisation showing you how all your data is connected and stored. Our friends love it :)

    We're online and testing, excited to roll out the Beta version to gather very first feedback on our big unveil at the Mobile World Congress / 4YFN in Barcelona soon! So here is my question to you: How do you feel about having a personal Google, but more advanced – being able to search by filters and anything you know about the item you're looking for, not just keywords? Have you noticed any drawbacks of the standard folder-based file system that we know? Is rea.ch something you're willing to try out?

    submitted by /u/reach_Chris
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    Would you hire someone in a low-living cost country for a key full time position?

    Posted: 03 Jun 2021 01:03 PM PDT

    I mean not just a virtual assistant, community manager or some other highly commodified role.

    I'm thinking about marketing associates, financial analysts, business development analysts, etc...

    Have you do it yet? If so, where did you look for them? If not but interested, why didn't you do it yet?

    submitted by /u/DrLibertad
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    I’m terrible at selling

    Posted: 03 Jun 2021 12:49 PM PDT

    I've come to realize that I'm awful at selling and marketing, both in my entrepreneurial endeavors and at my full time job. Because of how bad I am, I hate those areas of business. Anyone have any tips on how I can improve?

    submitted by /u/Misfire2445
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    Lost of Motivation

    Posted: 02 Jun 2021 06:56 PM PDT

    I'm kinda stuck in a hole with my business it's about to turn 1 in year but I'm finding it hard to keep motivation even though in most terms of has been profitable and has done well.

    Turnover $450,000 profit floats around 30% but is now closing to 40%

    We are a team of 3 I own the whole business and other two just get a wage we had a car accident 7-8 months ago. My girlfriend and myself were involved I broke my leg in 5 places and am still 18 months of getting back to normal life. This is obviously the catalyst for my current mood as I'm young 23 and fit and healthy but being unable to do anything for myself right now has taken a hit on me.

    We run pop up stores around different towns selling beds and mattress. We had a really good run last year and profited $100k and I reinvest it all back in to business as I wanted to buy my own stock to increase the profit margins and control my owe stock.

    We now have $200k in value in stock which is lovely and pretty good I think as I start with 2k when I started the business.

    Back to the issues we have been finding it increasingly harder to find stores to run out shop in as the real estate company that run them don't receive anything for 1-3 weeks lease. For this reason they are hard to deal with the issue being if we don't have a store we don't have any income for the business and but still have bills to pay. We took 4 months off after the accident as it's take as lease 2 people to run the business and two of us were injured. This bit into the saving as I was still paying wages and bills and so on and now I'm running out of cash and we are still are not able to find a store to work out of.

    We have recently done a 3 weeks store in a town and sold $45k in that 3 week's profiting about $15-18k which is amazing it's just annoying that we can't find a store.

    I'm currently just finding it's super hard to find motivation to fix little issues and case of call and so on.

    So I'm currently just stuck in a whole we a business that is going well it's just the small task are building up and with my legs and not being able to do much still it's just getting harder and harder.

    But the silly things is my really happy with the business has gone and have plans to get the profit margins to 50-60% but I just can't find the energy to do anything right now.

    submitted by /u/Psychological-Rip820
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    Funding myself caught in a catch 22!

    Posted: 03 Jun 2021 06:54 AM PDT

    Hey everyone, first time posting here and I need some advice.

    I am in the process of opening an online shop in a very niche market that will transition into a brick and mortar boutique in the coming months. We plan on offering cheap/free local delivery in order to establish a local presence, while also selling worldwide.

    Naturally at this point in the game, I'm reaching out to all MFRs we would like to carry in our shop so we can buy, stock our online shop and prepare to move into a physical location by September.

    The issue we're running into is that many distributors want to sell to only brick and mortars, and even though that is ultimately our plan, we're finding it difficult to secure product to even begin our online shop that will facilitate the brick and mortar.

    I'm at a point where I'm not too certain what to do. Not really in a position to open up shop tomorrow especially considering we have literally nothing on hand! The online shop is going live soon but with only two distributors on board, our initial product offering will be a fraction of what our vision was.

    Hoping someone that has experienced this can share ways of getting past this hurdle!

    submitted by /u/kidsandheroes
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    Interviewing the man that quit his job to follow his passion

    Posted: 03 Jun 2021 02:41 PM PDT

    Here is a chat that I had with my friend Wolfgang. His example of quitting his job to travel and follow his entrepreneurial passion was a big inspiration for me and a great motivation for my decision to take the leap myself. In this interview, Wolfgang shares what he has learned during this past year and gives valuable insights for people that might want to follow his steps.

    I hope you find it useful and interesting: https://anchor.fm/wannabentrepreneur/episodes/25---Interviewing-the-man-that-quit-his-job-to-follow-his-passion-e123f9r

    submitted by /u/tiagorbf9
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    Entrepreneurs have to be social engineers as far as the company's relationship with the outside world.How can they avoid losing the respect of the real-engineers who might be turned off from constant interviews (stealing the spotlight) & deadlines (ignoring physics & putting pressure on the team)

    Posted: 03 Jun 2021 02:31 PM PDT

    I was thinking about this important fact while reflecting on 4 styles of entreprenurship, all of them are very successful:

    1) Buffett: He is basically as optimistic/pessimistic as management . When there is a difference of opinion he doesn't interfere he just sells. He's the hands off end of the spectrum

    2) Gates: He is just a tad more optimistic than the technical people (engineers and scientists) , never sets deadlines, never talks to the press making big announcements and never does it in a way to steal the spotlight

    3) Bezos: noticeably more optimistic than technical people. Talks to the press with confidence and makes big announcements himself, although he never tries to steal the spotlight

    4) Musk: Well it's basically the equivalent of the circus arriving in your town. He's the other end of the spectrum. He disses and overrides claims by technical people, very rarely his own (because they are not allowed to talk), often other companies' technical people. Optimism bordering the one exhibited by a snake-oil salesman. He is never not selling his brand . Completely obscures his technical people. Talks to the press with arrogance and sets impossible deadlines via social media instead of talking to his engineers. Some damage done to the business, meaning really high turnover rate (not that the stock noticed obviously)

    What do you think? What's your favourite style? Also in the long run does stealing the spotlight, override engineers and make absurd claims cost you the respect of the technical people you employ?

    submitted by /u/AjaxFC1900
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    How to find what I like doing?

    Posted: 03 Jun 2021 02:25 PM PDT

    Hey!

    So I just got into my summer break. I want to do something, to learn and do it because I don't want to get bored. But I dont know what I like doing and I never found something I like doing. I like making money but thats all

    What do you suggest doing?

    submitted by /u/gueinibba
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    Entrepreneurs, where did you get the money from to invest your business?

    Posted: 03 Jun 2021 02:25 PM PDT

    So for context, I'm in my 20s, currently in final year of uni, I moved out and I pay all of my own bills which is a lot plus I also live in a high cost living city. At the end of every month, I barely have any money left to save let alone invest in a business.

    But I also really want to do Ecom one day, so I want to ask you guys , when you first started your businesses, where did you get the money from? Do you borrow from banks or families? Does your parents help you financially? Did you have a high paying job prior to entrepreneurship that you saved up a lot ?

    And if you can , please also comment what kinda business are you in and how much you invested in when you start

    Thanks !

    submitted by /u/blueeeocean
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    Anyone else doing the Walmart Open Call (virtual pitch meeting)?

    Posted: 03 Jun 2021 02:09 PM PDT

    I submitted an application and I get a chance to pitch in a virtual one-on-one. I'm curious how many people are invited.

    I'm excited - I gotta prep. It goes down in late June.

    submitted by /u/Asmich
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    Is it possible to buy leads for a custom market?

    Posted: 03 Jun 2021 07:50 AM PDT

    I'm the owner of a digital agency creating fan club websites for artists and creators. Is it possible to purchase leads for this custom market? If not what are some other scalable client acquisition methods other than cold email? I don't want to write 500 emails to land 2 clients IF I'm lucky. Is there not a better way?

    submitted by /u/ruggedgearusa
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    Learning New Skill - The Problems & The Solution (Collab-n-Learn)

    Posted: 03 Jun 2021 01:29 AM PDT

    Like everyone, You might want to learn some new skills.

    New skills help you get a new job, get promotions, make a product or help your entrepreneurial journey.

    The Problem

    There are tons of cheap courses available on platforms like Udemy or Coursera but only a few actually complete a purchased course.

    The reasons are obvious -

    • Too lengthy
    • Generalized training
    • Low-quality contents
    • Not covering the topic of your interest
    • Outdated contents
    • Lacking motivation
    • One-way communication (cannot ask questions or QA back-forth time is too long)

    The Solution

    The solution is 1:1 mentorship, but many mentorship websites (for example Codementor) are too expensive.

    But what if you can exchange your programming skills to learn Digital-Marketing or Digital marketing to content/copywriting or CopyRighting with WordPress or WordPress with Marketing etc, in Short,

    Your Skill with a New Skill

    Introducing Collab-n-Learn

    Collab-n-Learn, an upcoming platform, help you do this exactly:

    • You don't pay heft fees
    • You learn the topic of your interest
    • Live 1:1 training & QA session with your mentor

    Give and take skills! Seek for mentors 1:1 to learn and exchange skills all for free. Connect with mentees and share your knowledge over video calls at your own convenience.

    Join our waiting List to get early access to Collab-n-Learn https://collabnlearn.com/

    submitted by /u/nikhil_webfosters
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    Validation Email with 10% meetings booked rate

    Posted: 03 Jun 2021 10:25 AM PDT

    For the last few weeks, I have been further validating my solution to the problem I am trying to solve and have found the following email to be very successful. Hope it helps other entrepreneurs too:

    Email 1:

    Subject line: Can I Interview you?

    Email body:

    Hi {!Name},

    I'm trying to validate a X idea focused on Y.
    This marketplace gives Y access to 'addressing the problem'. 1 line 'solving the problem'.
    Is it possible to get a few minutes with you to ask you a few questions and understand if this would be valuable to you?

    Email 2:

    Subject line: Re: Can I Interview you?

    Email body:

    Could I interview you, {!Name}?

    submitted by /u/Scalesales
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    Need help with short message/tagline about sutaibability

    Posted: 03 Jun 2021 06:26 AM PDT

    My company that is based in the US but manufactures in China is going to start shipping direct from the China factories to consumer in order to hold margin, and also increase sustainability by reducing post consumer packaging (think amazon 'retail packaging' items) and spend less time in transit on carbon emitting vehicles. I need some quick little blurb explaining the later two parts that can fit on a business card size format that is both catchy and simple. Thoughts?

    submitted by /u/gingernuts13
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    Sole Proprietorship in California

    Posted: 03 Jun 2021 10:00 AM PDT

    Hey guys! I'm new here. I have a small business I've been on and off with for a few years now. It hasn't been super serious but I've been slowly gaining momentum and inspiration to make this a full time thing. My DBA renewal time is here and I am wondering if I can switch my business address to a PO Box instead of using my home address, both on my DBA and my Business License. I know California has laws about LLC's and Corps not being able to use a PO Box as their address but I cannot for the life of me find anything about whether or not a Sole Proprietorship can or not. Anyone have any idea??

    submitted by /u/GeoSpaceWitch
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    A Tool To Understand Legal Agreements?

    Posted: 03 Jun 2021 09:30 AM PDT

    Hey everyone!

    Quick question.. As an entrepreneur do you run into difficulties in reading large legal contracts with complex legal language?

    What are your thoughts on an app that would quickly highlight the areas of concern in your contract and help you understand whatever you cannot understand instantly?

    Would you find such a tool useful?

    BEFORE I GET BURNT AT THE STAKE!
    This would be a supplementary tool and is not to replace actual lawyers just like WebMD is not supposed to replace actual doctors.

    submitted by /u/Educational-Donut-95
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    What is Twitter Blue?

    Posted: 03 Jun 2021 10:59 AM PDT

    Introducing Twitter Blue - Twitter's first-ever subscription

    Twitter Blue is a new monthly subscription offering people exclusive access to premium features and app customizations for a small fee.

    Twitter Blue is now available in Australia and Canada.

    What do you think about the new Twitter Blue? Would you use it?

    submitted by /u/earnmoneywithjessica
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