Thank you Thursday! - June 10, 2021 Entrepreneur |
- Thank you Thursday! - June 10, 2021
- AMA - SportTechie.com CEO, Taylor Bloom
- 3 months ago I decided to finally learn how to code, yesterday I launched my first mini SaaS. It's easier than people think.
- Can You Predict the Behavior of Your Users? How do you use UX Design to make better experiences for your users?
- Money is not my primary motivator
- 3 Lessons from 1 year of being in business
- I’ve run my own digital marketing agency now for just about 5 years. Managing currently over $5 million USD in ad spend making a bit over $25k/month. AMA
- 6 Creative Hacks from 6 Creative Geniuses
- How do I broach the difficult topic of salary compensation in a family business?
- Dropcatch domains
- Sourcing items
- How I'd go about setting up a 1800 number with an hour-long voice mail?
- Looking to Collaborate with Digital / Social Media Marketers
- How to start
- How to find a partner/mentor?
- Hotdog stand maximize sales
- Niche your content - not your product
- How did your business get traction? (When every idea requires a different go-to-market.)
- What simple/complex tasks have you automated in your business?
- Where to photoshoot home decor products?
- Am I wrong or right in this scenario?
- Recommend some innovation and future themed YouTube channels
- Prepaid label solutions for marketplace
- Is it wise to partner up with someone in another country?
- Biggest obstacle while building your start up?
- Managing your VAs — are there good screenshot grab tools for free/cheap like Upwork uses them?
- Why do people here discourage advanced education?
| Thank you Thursday! - June 10, 2021 Posted: 10 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. [link] [comments]  |
| AMA - SportTechie.com CEO, Taylor Bloom Posted: 10 Jun 2021 06:59 AM PDT Hey r/Entrepreneur community! My name is Taylor Bloom and I'm the CEO of SportTechie.com. I'm excited to be doing an AMA with you all today. SportTechie was a side hustle for a few years before it became a growing business that has taken on a couple of strategic rounds of funding and is a trusted resource for tens of thousands executives and innovators who run the global sports and entertainment industries. Think of SportTechie as a "TechCrunch for sports". Our key assets include exclusive reporting, conferences, consulting and our daily newsletter. SportTechie covers all areas where technology is impacting sports: fan engagement, venue design, athlete performance, new investment trends, exciting new sports technology startups, health and wellness, etc. If you're interested in this space, you can check out our morning newsletter. I'm happy to discuss all things sports technology and my experience as an entrepreneur. SportTechie is very much a growing startup and some days it definitely feels like we are "building the airplane while flying it" - but that's the exciting part of the entrepreneurial journey, right? I'm looking forward to answering your questions. Here are some discussion topics to get the ball rolling:
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| Posted: 10 Jun 2021 07:18 AM PDT For the past 2 years I have been building businesses but as a non-technical personal I have always relied on no-code tools such as Gumroad, Zapier, Notion etc. I have managed to make some money, but 3 months ago I decided to take the jump and actually learn how to code. A couple of days ago I launched my first mini SaaS app and I don't think there is going back to no-code now. I think everyone should take the jump. Here is a few reasons why:
Honestly, if you are on the fence and thinking along the lines "Why waste time with HTML and CSS when I can just use Webflow or Wix and get it done in half the time", just take the jump and actually spend the time to learn html and css. That's gonna lead you to Javascript and then React or something else, and that's where the fun begins - at least for me. I have got my first 10 users for my first SaaS and the gratification from people using something that you have built from scratch is unmatched. Feel free to reach out on twitter if you got any questions or doubts as I hope to inspire some people just as I got inspired in the beginning. All the best and good luck! Edit: As I am getting a lot of DMs about the SaaS, this is the link https://askmesomething.io/. It's a simple tool, but quite proud of it as it was my first real project. [link] [comments]  |
| Posted: 10 Jun 2021 12:07 AM PDT As UX designers, I'm often expected to read people's minds (not literally), understand precisely what they want and need, and then design a product that will meet those needs. It's an impossible task at times and can get very frustrating. I often search for new ways to tackle the most common issues in UX and I have gathered some insight I use most of the time. Designing an app can seem like something you'll never finish — even when everything looks perfect, there might still be some tiny detail left undone, which could cause problems down the line. With constant feedback from clients and multiple testing sessions, these problems can easily be avoided by following a few easy steps for clarity and design continuity. You can read what I think is the five principles here: https://uxplanet.org/the-five-principles-of-ux-design-psychology-can-you-predict-the-behavior-of-your-users-913784c1d66 What are some principles you use? And do you believe we can predict the behavior of users? [link] [comments]  |
| Money is not my primary motivator Posted: 10 Jun 2021 05:10 AM PDT I've been self-employed for over 9 years now. I make a decent living. Yes, I like money and need it to live. However, I have learned a long time ago that money isn't my primary motivator. I'm not going to lie to you and say that "helping people" is either, although in order to make money you do genuinely need to help people. I definitely do enjoy helping people, but that is also not my primary motivator. My primary motivator is simply in being able to say "look, I did that". For example, I have been selling my course for many years now. It's no big deal for me to make sales on my course. However, I just recently implemented an affiliate offer into my business. This affiliate offer as produced significantly less income than my main product (my course), but I found that it was much more gratifying to have created a second income stream. If you are new to all this, then it will be the best feeling in the world when you first start to turn a profit from work that you created for yourself. However, after a while you will get used to it. You will find that the rewards come in the form of "hey look I did X and it resulted in Y". Y may only be a little bit of money in comparison to previous income streams that you have built, but the reward will be in the form of knowing that you have created a new income stream. I have so much pride in the fact that I make my living based on work that I have created for myself. The money that I make is MUCH more fulfilling than the money that I made back when I was an full time engineer. I bet some of you will understand where I'm coming from here 😀 [link] [comments]  |
| 3 Lessons from 1 year of being in business Posted: 10 Jun 2021 07:53 AM PDT I have a B2B service company, and although finally profitable it took longer than I had anticipated to get to this point. Here are some things I wish I knew when I started: 1) Work ON your business as much as IN your business. If you are in B2B the work you do not only creates revenue, but it also gives you credibility, social proof, and referrals, but you can't neglect running your business. Setting aside time for strategy, building processes, etc even when you are swamped with work will ensure you create a business and not just a job. 2) Don't focus exclusively on how to find customers, think about HOW WILL customers find you? I neglected my social media profiles, website, etc because I was doing OK through referrals. The second I shifted my thinking and spent a few weeks updating the ability for my target customers to find me, my income skyrocketed. 3) If you don't have the budget to completely outsource a task, you can reduce the scope by making it easier for them to do their job. For example, I needed to have a few custom illustrations created, and I had a limited budget, so I read about how to create an illustration. I sourced the assets, looked up examples, gave a comprehensive creative brief, so that the illustrator who worked with me had to only lend me his hands and ability to draw, but I had done a lot of the heavy lifting for him. What are some of the most impactful things that you have learned while running your business? [link] [comments]  |
| Posted: 09 Jun 2021 05:19 AM PDT Hey guys I've been running my own digital marketing agency for a while now and I've noticed some interest in the space, both from an opportunity perspective and just from questions and concerns about hiring agencies. Happy to share my agency and identity but didn't want to be spammy or self promotional. I've worked with clients like Tyler, The Creator, Tucker Carlson, the Department of Defense and dozens of smaller brands and businesses. I mostly specialize in digital strategy and paid ads on Facebook/IG. My background is in advertising and journalism/radio and went on my own back in 2016-2017 after landing some freelance clients and realizing I was better and cheaper than the creative agency I was working for! I also spent some time at Cambridge Analytica (fun times) and currently working on a really intense product that scales email acquisition like crazy. Would love to talk and answer any questions about business, marketing, ads or just trying to figure out what to do. I'm 32. Holla! [link] [comments]  |
| 6 Creative Hacks from 6 Creative Geniuses Posted: 10 Jun 2021 07:31 AM PDT Thomas Edison's Unusual Creative Hack? Edison tapped into his subconscious to unlock his creativity decades before science discovered the benefits of doing so. How? He slept in his rocking chair with a ball bearing in each hand. Below him were copper plates. When he went into a deep sleep the ball bearings would drop and wake him up. Why? The lucid state between sleep and awake is called Theta state. We experience it every time we fall asleep. It is the best way to tap into our subconscious.
Edison would ask himself questions. His subconscious would generate answers and spit them out at a later date. Ever had good ideas pop into your head in the shower? Me too. Same principle. A 2001 study by Harvard psychologist Deirdre Barrett found that Theta state was especially likely to solve problems that benefit from hallucinatory images being critically examined while still before the eyes. Albert Einstein, Nikola Tesla, Isaac Newton, and Salvador Dali all hacked their sleep to get their creative juices flowing. Fun pop fact: Paul McCartney dreamt the entire melody of Yesterday. On waking up, he was convinced he must have heard it elsewhere. He used scratch (nonsense) lyrics and sung "scrambled eggs" to the rest of the Beatles. The melody was new to everyone. So they recorded it. Yesterday is the most recorded track of all time. Tip # 1 — Got a problem? Want better ideas? Ask yourself the questions before going to sleep. And let your subconscious do the work. The Creativity tapThere's a myth about creative inspiration. Creativity is about putting in the work to get inspiration, not waiting for the inspiration to work. Ed Sheeran describes his writing process like an outside tap. When you open the tap it's only the murky water that's been sitting in the pipes for ages. The temptation is to switch it off but it's important to wait. Only after the dirty water has passed through the system can the glistening, pure, water flow. You have to get the creative crap out first. Then you get to the good stuff. Creativity is about having a schedule and putting in the work. Creatives at the top of their fields have rituals: Maya Angelou rented a local hotel room and went there to write. She arrived at 6:30 AM, wrote until 2 PM, and then went home to do some editing. She never slept at the hotel. Pulitzer Prize-winner Michael Chabon writes five nights per week from 10 PM to 3 AM. Haruki Murakami wakes up at 4 AM, writes for five hours, and then goes for a walk. Tip # 2 - you don't wait for motivation to take action. Take action and you'll get motivation. Create a regular (ideally daily) schedule to create How to fail spectacularly with creativity
Failure in creativity is inevitable. Creativity isn't counting beans. It's innovating. It's making stuff that hasn't existed before. Treat creative projects like experiments. Fear is a hack. If used properly. It can drive you to create better art, better content, or products. Samuel Beckett believed failure is an essential part of the creative process. He was right. He failed for decades. It made him a better writer. David Bowie's first 8 singles flopped. His first hit single was Space Oddity in 1969 which went to # 1 in the charts and was certified gold. His next 3 singles? Flopped. Completely. It was 3 years later that Bowie had another hit as Ziggy Stardust with Starman It took Bowie over a decade and 11 failed attempts to become a star. This was the BBC music review of Bowie's first band
Even history's greatest icons were shit in the beginning. Mistakes can lead to the best results. Famously, Post It Notes were created when a new type of glue being developed by a scientist at 3M was not sticky enough. Waste nothing. Tip # 3 — Learning to create, fail and iterate repeatedly is the best skill you can learn as a creator or entrepreneur. Quantity Vs QualityThere are no better examples of consistently failing than Thomas Edison. Although he would strongly argue against that label. He famously claimed "I haven't failed. I just found 10,000 ways it won't work." He believed in order to create a few great ideas you had to generate lots of bad ideas. Edison believed Creativity is simply hard work.
Picasso created circa 50,000 pieces over 78 years Mozart wrote 600 compositions Edison had 1094 patents Bowie released 400 songs How many can you remember? Tip # 4 — To create quality; create quantity The Walt Disney Creative Mental ModelWalt Disney was a high school dropout who was fired from his first job for lacking imagination. He created a few hacks to ensure the levels of creativity and innovation were baked into the DNA of his company. One of them was called Imagineering Imagineering was the process Disney used to transfer his dreams and creative visions into reality. Disneyland is probably the most famous example of imagineering. It was the intersection between Walt Disney's imagination and engineering reality. It involved three components. Every idea went through this mental model. The DreamerNothing is censored. Nothing is absurd or silly. The point of the dreamer phase is to come up with the most outrageous and bizarre ideas. If you were guaranteed not to fail: What would you create? How would it look? Who would love it the most? The RealistThis was the engineering aspect. To be a realist ask yourself: How can I make this happen? What are the key features and benefits? Can I build and expand ideas from the features and benefits? What is the essence of the idea? Can I extract the principle of the idea? The CriticThe critic reviews all the ideas and tries to pick holes in them by playing the devil's advocate. Ask yourself: How do I really feel about it? Is this the best I can do? What can make it better? How does it look to a customer? A client? An expert? A user? Is it worth my time to work on this idea? Can I improve it? Tip # 5 — Creative ideas are often only as good as the process used to create them And finally…Work with talented trailblazersThe creators/directors and writers of Modern Family, Parks and Recreation, Bob's Burgers, Brooklyn Nine-Nine, Silicon Valley, American Dad, and Rick and Morty all got their big break working on King of the Hill. Tip # 6 — work with crazy people with big ideas 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. [link] [comments]  |
| How do I broach the difficult topic of salary compensation in a family business? Posted: 10 Jun 2021 08:39 AM PDT Me: 24(m) Education: Bachelor of business mgmt Background: My mom is working with my aunt who is single in a finance business averaging >$5m yearly in profits. My aunt is the boss and my mom is more like the General manager. Both of them are thinking of retiring in the very near future and my aunt have asked me to learn the ropes after I finish studying this semester. The particular niche of the business is kinda a sunset one and efforts to reverse this is isn't going anywhere so far. I'm obviously interested to take over still but there are some uncertainties I can't get over.
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| Posted: 10 Jun 2021 11:15 AM PDT Anyone know where to start? Need a good working script for .com and .nl [link] [comments]  |
| Posted: 09 Jun 2021 10:30 PM PDT Does anyone have experiencing in sourcing items. Do you buy direct from the manufacturer to resell or do you buy from a distributor to resell? I've been thinking of setting up a store to sell medical things, gloves bandaids, vitamins. Sort of like a mini chemist. I do have a medical background and use these things all the time but never really thought about sourcing them. Generally I just fill in a form to purchasing and items come. I wonder do you need to buy in pallets or something? Cheers. [link] [comments]  |
| How I'd go about setting up a 1800 number with an hour-long voice mail? Posted: 09 Jun 2021 10:48 PM PDT I'm trying to set up a 1-800 but the problem is I want people to be able to record a message up to an hour. I've tried a few different 1-800 companies and I'm lucky to get 3-5 minutes. Maybe I can forward it to my home and have a voice mail machine I could set for myself? I'm at a loss on how to figure this out. [link] [comments]  |
| Looking to Collaborate with Digital / Social Media Marketers Posted: 10 Jun 2021 10:23 AM PDT Hey all - I'm looking for digital/social media marketers with clients that hate getting in front of the camera (or just aren't that good). I help folks become public speaking rock stars using…music theory! I've found on almost all of my calls that many clients want to expand their market on social media, video, etc. With that said, it just seems natural that I find quality digital marketers to refer business to each other. I have a referral reward for anybody who points a client to me that buys one of my programs/services. Happy to chat more with anyone interested! Just comment or DM me! [link] [comments]  |
| Posted: 10 Jun 2021 10:22 AM PDT I want to start my business in fitness coaching, got my NASM certification but don't know how or where to start. I have a fitness Instagram but It's more like an accountability IG and don't know how to make the transition from accountability to an actual fitness page. Any tips or tricks on where to start? Can't afford to hire a business coach or anything similar right now. [link] [comments]  |
| Posted: 10 Jun 2021 09:31 AM PDT So I need a lot of help tbh, and I don't even know where to start with this post. I'm 22 and living in Canada. I recently got a little bit of inheritance and I'm feeling like I need to start a business. Only problem tho, I know nothing about business and know no one who does either. I should probably go to school to learn how to do this myself, but why wait 3 years when I can start now.. I guess I'm looking for someone to do all the work for me while also teaching me basic things. A partner would be nice, but if there's businesses out there that do this stuff that's also cool. I just don't really understand much unfortunately, I'm on the spectrum so that doesn't help either. I'll never understand bylaws or banks and all that shit. I've got some ideas and some money, can't that be good enough? lol If anyone's got suggestions or wants to talk, it would be much appreciated, thanks. [link] [comments]  |
| Posted: 10 Jun 2021 01:57 AM PDT First don't shoot me if this is the wrong sub. At the end of the month we have a city festival, where i will have a hotdog stand on the street. It will be my first time doing something like this. What are your go to rules to maximize your sales / profit? I'm doing this to support my mom that has a tearoom which serves drinkes and sweets. But didn't have a lot of income past year. With this she wants to attract more people that wants someting salty. Thanks in advance! I'm from Belgium. [link] [comments]  |
| Niche your content - not your product Posted: 09 Jun 2021 10:06 PM PDT We have always been told to be niche. "That is how you become successful is by being niche". What if combining niches is what makes you unique? The term niche is what we always hear about and sure it works 100%. We are often scared to go niche because it can box us in and make us feel trapped. Vaibhav Namburi says, 'Riches are Niches'. Niching your content, or your target audience really focuses your message and marketing. What about actually niching your content rather than the product itself? This is where your content buckets come in. For example, the startup I have been working with (Upflowy.com) have been creating growth stories around other entrepreneurs AND doing signup flow reviews on YouTube. They are a signup flow marketing tool, but the content is niche because it combines community with education and marketing. Always test and measure of course, but work to the concept "what do I want to be known for?" What is your niche? How can you make your content niche? [link] [comments]  |
| How did your business get traction? (When every idea requires a different go-to-market.) Posted: 10 Jun 2021 09:17 AM PDT Question in the title. In a pretty awful mood right now, so please allow me to vent too. (PLEASE feel free to skip.) So I feel pretty lucky in life. I've worked in big tech ever since college (Jul 2015 - Oct 2020). I'm very familiar with ads, analytics, product, coding, etc. Thanks to this, I've been able to thrive-ish (to an otherwise depressing 2020).
I had low (1-digit) $ thousands in sales by end of March. ANYWAYS, I'm not here to shill my data business. Because it was around end of March, I decided to drop everything and publicly committed and be on a social mission for 2021. I'm currently trying to build a community (subreddit) that makes it easy to make friends. The past 3 months has been god awful. I'm discovering how stupid and undisciplined (non-hardworking) I really am. Literally my entire month of May was spent trying to grow my subreddit and it only has 65 people in it, so far. What the hell, right? Well, per me being stupid, I spent the 1st half of May shilling in friends-related Reddit threads, before I found out I was shadow-banned. Per me lacking discipline, I spent the 2nd half of May DMing people to join my subreddit. Thing is, I would only DM 10-20 people before I rewarded myself by playing video games for hours. It's just so boring to DM ("cold-calling"ish) people, that I keep avoiding it. The irony in all this? I realized last week that the subreddit (name) no longer reflects its nature. So I plan to start promoting a new subreddit soon. Back to 0 users lol... This is too long, but I'm already oversimplifying things for brevity. But yea, everything (restaurants/data business/community) requires different go-to-market strategies. I think I'm going to take a different approach soon. This includes using social media (Instagram), so this should be fun... I have no experience on social media, so it'd be great to hear how you grew your presence from 0 users. TL;DR - Thought I was smart and hardworking, since I made businesses profitable and worked in Big Tech. Finding out how stupid and lazy I am, now that I'm trying to "give back" by growing a friends-related and failing to be productive/effective. As the title asks, what did you do that made spreading awareness (eg daily increasing organic traffic or 0 followers to 10+ new follower every week) dramatically easier? [link] [comments]  |
| What simple/complex tasks have you automated in your business? Posted: 10 Jun 2021 12:01 AM PDT As the sole business owner with one outside sales rep, the business is on the road to hit 2M in revenue by the end of this year and I'm finding it increasingly difficult to manage the daily routine and tasks of 'working in the business'. It's becoming too much. I'm looking for ideas to make the business operate more efficiently and to free up time so I can work 'on the business'. Every so often I ask myself the following questions: 1) What tasks can I completely eliminate? 2) If I can't eliminate it, can I automate it? 3) If I can't automate it, can I delegate it? I'm looking to greatly improve on automation. What repetitive tasks or other things have you automated in your business that take a load off your shoulders? Besides IFTTT and Zapier, are there any other tools or online automation services available? Any feedback would be kindly appreciated! [link] [comments]  |
| Where to photoshoot home decor products? Posted: 10 Jun 2021 08:43 AM PDT Hey guys, I'm still working on launching my online store selling home decor/wall art. although I'm not at the product photography stage yet, I'm curious to know where will I need to go to shoot some nice pictures of my art? My current living place has bad walls (dark grey) and the furniture/vibe of my place does not fit with the branding approach I'm going for. Any tips? Thanks [link] [comments]  |
| Am I wrong or right in this scenario? Posted: 10 Jun 2021 08:39 AM PDT Been working at a company that makes cakes for about a year. The company I work for is starting to franchise - got offered a franchise but can't afford it and the contract is very long. If I just go do my own version of this, would you say that is unethical/possibly illegal? She didn't invent cakes, but I'd be taking her production method and the business model would be almost identical. (In Edinburgh as opposed to Newcastle, no franchise there yet). It's annoying that I'm doing a lot of work and being paid minimum wage, plus I've learnt how easy they are to make and sell. I could do this on my own (I have savings to set it up). My family have said its wrong cos I'm 'stealing'. I thought it was a free market lol so confused by this world sometimes. [link] [comments]  |
| Recommend some innovation and future themed YouTube channels Posted: 10 Jun 2021 08:23 AM PDT Not sure if this is the right sub for this. However, I'd love to be recommended some YouTube channels that talk about how the world will look in 1, 5, 10 years from now. Topics can include Blockchain and its applications (Crypto is overhyped), IoT, AI, ML, AR, VR, etc. Appreciate it! [link] [comments]  |
| Prepaid label solutions for marketplace Posted: 10 Jun 2021 08:11 AM PDT Im working on creating a marketplace but would like users to be able to buy items and the seller to then within the app or site generate a prepaid label for that order. Does anyone have any ideas how i might solve this or if there are resources that could do this? The sellers would have lots of volume to the tune of maybe 700 orders a day so i am looking for prepaid label solutions that are automatic or can be integrated into an web app or app. Like pirateship but integrated into a website. Ebay a system like this but how does a smaller marketplace access the same thing. I really need suggestions and help. I've been looking at maybe sharetribe having a solution? [link] [comments]  |
| Is it wise to partner up with someone in another country? Posted: 10 Jun 2021 01:29 AM PDT I am in Vancouver Canada and a person I am talking to is in New Zealand, is it wise to partner up with someone so far away as a co-founder? what are the things I should be worried about? [link] [comments]  |
| Biggest obstacle while building your start up? Posted: 10 Jun 2021 07:18 AM PDT I recognize that there are MANY obstacles that appear either anticipated or not. As the co-founder of a new company LTDEDTN, and as a first time founder, I think the hardest part for me has been to find comfort in the unknown. I have to anticipate and be ready for anything that comes my way, a lot of which cannot be predicted. Prioritizing can be difficult too as everything is a priority. Would love to hear what your experiences have been! [link] [comments]  |
| Managing your VAs — are there good screenshot grab tools for free/cheap like Upwork uses them? Posted: 10 Jun 2021 06:08 AM PDT Does anyone have any pointers to good tools similar to how Upwork uses them of capturing ppls work screens continuously similar to what upwork does? [link] [comments]  |
| Why do people here discourage advanced education? Posted: 10 Jun 2021 05:49 AM PDT Just curious, not judging. I understand that entrepreneurship doesn't require any formal education, but advanced education like PhDs can lead to create groundbreaking research or technology that could change the world. Knowing the field and industry where you'll be launching your business is a huge plus, isn't it? [link] [comments]  |
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