Wantrepreneur Wednesday! - June 30, 2021 Entrepreneur |
- Wantrepreneur Wednesday! - June 30, 2021
- Business Ideas For Community Being Gentrified?
- In 2016, I left tech to study mental health. Some things I learned and a mild rant
- BUYING leads for 1000 Euro each
- Gary Vaynerchuck criticisms and praises
- Brand New Startup. When to start paying yourself?
- Looking for advice on organic outreach.
- My project lead is avoiding me.
- Launching Quantale: Access to real-time trending stocks from reddit, twitter, news, and SEC
- How do I fix my low email deliverability rate?
- Have skills, need advice on how to monetize on these skills quickly.
- What were your management and/or financial mistakes?
- The Social Media Class - Enroll By July 1st for only $47
- Frustrated about coming up with a blue ocean idea
- Starting a men’s skincare company. Anything I should know before starting?
- My pitch email... Am I doing it wrong?
- The "Anonymous Buying Journey" of Customers
- Lawyer vs self-service for startup
- Feedback for my new company
- Not Paid Last Check
- Amount for a loan?
- Quick SEO Analysis For Your Website!
- How do I find Sponsors for events?
- What are you thoughts on whether to focus on a single project or work in several ?
| Wantrepreneur Wednesday! - June 30, 2021 Posted: 30 Jun 2021 02:00 AM PDT Please use this thread to ask questions if you're new or even if you haven't started a business yet. Remember to search the sub first - the answers you need may be right at your fingertips. 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]  |
| Business Ideas For Community Being Gentrified? Posted: 30 Jun 2021 07:33 AM PDT Over the last 15 years, my rural community has slowly been gentrified. Wealthy people from the Bay Area/Silicon Valley have been buying up our homes here in hopes of retiring in the future. Since 'Rona,it has EXPLODED. These Silicon Valley tech workers are buying up homes the second they hit the MLS and they are working from home in my area and moving here full time. This is a rural Sierra Foothills area. One Starbucks in the county, and the only chains we have are a few fast food places. Small town feel. So what businesses (other than house cleaning, which there really is a desperate need for) might be a good idea to open? Also I have around 20k to put into a business idea. [link] [comments]  |
| In 2016, I left tech to study mental health. Some things I learned and a mild rant Posted: 30 Jun 2021 07:22 AM PDT Like so many in the industry, I was burning out. I probably needed therapy but I wasn't ready to be helped. Instead, I decided to learn as much as I possibly could about the reasons people struggle and how they bounce back. So I spent months talking to other entrepreneurs, health experts, psychotherapists, and read all the research I could get my hands on. One thing jumped out at me during these talks. People would gush about some mental health app that was supposedly really great and helpful, but when I asked them if they were using it, they'd say "no". Then I'd ask what they did when they were struggling. A surprising number of people told me "I play video games."This was almost exactly 5 years ago. Since then, I've become fascinated with play and storytelling, and their potential to change how we take care of our minds. I wrote an article that goes into more depth if anyone cares, but the gist is this: We are wired for story and play is how humans have simulated reality for thousands of years. It's how we understand ourselves, not just how we entertain ourselves. And I believe this is what's missing in mental health tech. People want to be engaged -- but self-care apps feel like a chore. It took some time for me to connect the dots and find the right team, but I did come back to tech. Last month we launched Betwixt (iOS), which combines psychology, story and play into an immersive journaling app. I'm always looking for thoughtful criticism if "fantasy meets mental health" sounds like something up your alley. I hope the strength of my convictions doesn't offend anyone. This is just what I believe. Maybe you don't agree with me. OK great! Tell me what you think about mental health and tech. [link] [comments]  |
| BUYING leads for 1000 Euro each Posted: 30 Jun 2021 02:03 PM PDT Hello, I am a producer making videos for TV. Now I want to start making commercials and I talked to a sales agency who offer me appointments with interested companies for 1000 each. The volume of a job I aim at is around 30k (commercials for online). Is that a fair offer? What is your experience with those kind of agencies? The company looks legit, they have good reviews. I appreciate any kind of answer, feel free to ask questions if needed to asses the situation.. [link] [comments]  |
| Gary Vaynerchuck criticisms and praises Posted: 30 Jun 2021 11:59 AM PDT A couple of years ago I was definitely that guy who was obsessed with Gary Vaynerchuck's content, advice, and philosophies. Overtime however, I take his overall advice with much more of a grain of salt. I don't think one person should be your entire guiding light (he should probably say something like that). Some people love him and some people hate him. Rather than declaring him an idol or worthless, I wanted to share where I think his advice stands (the pros and cons), just my POV. Thoughts? Positives Not caring about other people's opinions - He nails this one I think and offers unique ways to point out how ridiculous it is to the extent many of us are living our lives to impress others. Spending money on stuff you don't need - Although many of us have a 'healthy' level of materialism, I think there are far too many people are terrible spenders or trapped living expensive lifestyles that's causing more harm than doing good. Having patience - we do live in this 'I want it now' era with emerging technologies. If you ask any successful entrepreneur, none of them will tell you it was a quick and easy road to get to where they did. Focus on happiness - I think it's very possible to be happy making $50K and unhappy making $500K (or vice versa). Money is a good thing, but when it's our sole or #1 focus, it's easy to let ourselves get consumed in a miserable rat race (I've seen it with many people firsthand). Negatives Living risky in your 20s - "This is your time to take huge risks". Although there is some truth to this, society isn't set up for this. Someone that took a bunch of risks in their 20s may have a harder time finding employment in their 30s (not having the expected experience). It's easier (in my view), to save up money early and then quit your job when you have a cushion / gained some experience. Does he not realize the average age of a successful entrepreneur is in their mid-40s? And plenty of those people had very traditional career paths and slowly over time figured out how to navigate their way into freedom lifestyles or entrepreneurship. Also - earning a high salary in your 20s (if you save money) can have a very positive effect down the road because of the time value of money. Those that take risks and have a $0 net worth at 30 years old may lack financial freedom to try new things once they're older. Outlook on being an employee - Once every while he will say if having a 9-5 makes you happy, you've won. But I think he underestimates the value you actually get from years of traditional professional experience. You actually learn a lot from corporate jobs that enhances many life and communication skills, including many skills to be a good entrepreneur. People that have literally never worked an office job will struggle or face a tough learning curve with many essential business skills if they're trying to whatever venture they want to on their own. Have Perspective! We get it, it's rare to be a human being, life is short and most of the world is struggling. However, mental health challenges are real and him trying say that over and over can just be counterproductive since many people inherently don't feel happy and it's not easy to just 'be happy'. [link] [comments]  |
| Brand New Startup. When to start paying yourself? Posted: 30 Jun 2021 09:26 AM PDT Just as the title says, my partners and I have a startup that's only a few weeks old. Looking ahead to when we start bringing in revenue, how do you structure paying yourselves? What cadence do you follow? Is there a certain cash flow number you need to get to before paying yourselves? Any and all comments/suggestions are greatly appreciated! [link] [comments]  |
| Looking for advice on organic outreach. Posted: 30 Jun 2021 10:53 AM PDT Recently launched a startup and have solid traction purely through reaching out to a few influencers (non-paid stuff), communities (reddit/product hunt mainly), and some organic social (twitter). If anyone has thoughts on how to keep momentum going, we don't have any revenue yet and are trying to come up with more organic stuff to try! For context, it is a satirical social media site, so a bit strange product-wise (shlinkedin.com). We're hoping to find some communities/newsletters that may be receptive to it, and ways to improve our organic outreach (currently doing organic posts, Twitter, and some LinkedIn). [link] [comments]  |
| My project lead is avoiding me. Posted: 30 Jun 2021 02:43 PM PDT I own a software startup and we are currently about 80% completed with the development of our first application, and in the process of making our presence known in the market. In charge of managing the project (mainly to manage the engineers) is someone we'll call "J". J has been such a dedicated, fun, and honest project lead for the 6+ months we've been working on the app but I noticed recently he's been very short with me, avoiding my cofounder and I, and even going on vacation without telling us which left the whole team confused. This vacation is supposed to be a week long, and when I asked if I could at least have a short phone call with him to see what's going on and to ask for some updates, he simply says, "I'll be back Monday". Leaving me and the team high and dry until he gets back. Before this vacation, I noticed he was acting strange and asked if anything's wrong or if there's anything I can do to help him and he just told me that everything was fine. At this point, I'm not sure what to do. He's an important member to the team, and has become a good friend, but I'm having a hard time just letting him ghost me during such a pivotal moment in the project development. Does anyone have any advice on how to go about this situation? Thank you! [link] [comments]  |
| Launching Quantale: Access to real-time trending stocks from reddit, twitter, news, and SEC Posted: 30 Jun 2021 10:17 AM PDT Hey guys, Quantale collects and analyzes various social media and other data sources in real-time to gather stock market data to provide accurate market sentiment. We right now collect data from Reddit, Twitter, Newsmedia, SEC, and financial data of over 10,000 securities. We plan on adding more data such as options data and level 2 market data. Checkout Quantale here: https://quantale.io/ Any feedback/suggestion is appreciated. [link] [comments]  |
| How do I fix my low email deliverability rate? Posted: 30 Jun 2021 12:30 AM PDT TL;DR: I have a small company and use MailChimp for my email marketing campaigns (12-13k customer base), but the deliverability rate is quite disappointing - 70% at most. I've tried all the recommendations on fixing the deliverability issues I found online, but to no avail. I need help with determining the issues and fixing them. I'm open to any suggestions and will appreciate any tips and advice. I have a relatively small company dealing with pet outfits and accessories that I started 3 years ago. At the moment, I have a customer base of about 12-13k. I've bought a standard Mailchimp plan and made sure to create the email campaigns in compliance with all recommendation I found online: Made sure to avoid stop-words; No all-caps words in the titles; I'm using only 1 image per email, and the content is mostly text; Made the unsubscribe button clearly visible; Warmed up the domains by sending the campaign to a small number of clients that regularly open my emails. The list goes on, but the point is - I've tried everything possible, but I still can't get a deliverability rate higher than 65-70% The worst thing is I have no idea whether it's a problem with Mailchimp settings, something I've done/didn't do right, or just some of my customers send my emails to spam. But I don't send multiple emails daily - just one per week. Besides, my business doesn't fall under any restricted categories. I'd like to ask if anyone else had similar issues working with Mailchimp? If you did - how did you fix them? At this point, I'm willing to try anything. I found a couple of agencies offering to perform the deliverability check and fix issues; http://folderly.com/ seems to offer the lowest prices, but I'm still hesitant - I don't want to waste money if it's something I can fix myself. I rely on email campaigns now as one of my main marketing strategies, so fixing this issue is essential for me. So my question is, can the issue be with Mailchimp, or is it most likely with incorrect setting-up on my part? If you think it's most likely Mailchimp, maybe you can recommend a good alternative - I'm not opposed to switching the ESP. Another question - do you think it's worth hiring an agency to perform a check for me? If you do - can you recommend one you've worked with? Thanks in advance to anyone who made it this far and is willing to offer advice or tips. [link] [comments]  |
| Have skills, need advice on how to monetize on these skills quickly. Posted: 30 Jun 2021 03:09 AM PDT I might be in a bit of a financial pickle in the next month or so. Nothing that can't be solved with a lot of hustle and work, however I'm having trouble on where to get started. I have so many skills in a few different areas that it's hard to make a decision on where to put the majority of my focus. A little rundown about me and my skillset:
A couple of things I should probably mention up front:
Any advice or words of encouragement is greatly appreciated right now. [link] [comments]  |
| What were your management and/or financial mistakes? Posted: 30 Jun 2021 02:34 PM PDT Hello all, I am about to start my first business up and I would like to ask all entrepreneurs who have had any range of experience in their markets, what were your financial and/or management mistakes? From what I have learned from a college class is the problems that don't lie in luck tend to lie in the finances and/or management issues and the best way to know about any of them is to ask existing entrepreneurs. As a plus, what are some good business decisions we can make as upcoming entrepreneurs that can help us maximize our success? I am not just making this post for me but for others who are just starting out so any advice would be greatly appreciated by all of us. Thank you all in advance for your help from all of us young'ins. [link] [comments]  |
| The Social Media Class - Enroll By July 1st for only $47 Posted: 30 Jun 2021 02:32 PM PDT If you feel like you're… 💥 Getting nowhere quick 💥 Overwhelmed by content creation 💥 Seeing no real success… Imagine stepping into your power and growing your business on social media by…
The Social Media Class is preparing to launch in August, and it's going to be an amazing experience that promises to help you… ‼️ Ditch pleasing the algorithm. ‼️ Create meaningful relationships and reach more individuals. ‼️ Figure our the right way to plan and create content. [link] [comments]  |
| Frustrated about coming up with a blue ocean idea Posted: 30 Jun 2021 02:21 PM PDT I'm a physician and looking to figure out a side-hustle outside of medicine to allow me to cut back on clinical hours. I've been frustrated in trying to come up with a blue ocean idea for something new/disruptive. I feel like I'm close but can't quite put my finger on what I want my brand to be. I'm thinking more along the lines of infopreneur and digital products, rather than physical products. What have you guys done in the past to help set your course and generate that "aha!" moment? [link] [comments]  |
| Starting a men’s skincare company. Anything I should know before starting? Posted: 30 Jun 2021 10:33 AM PDT It's a solid company name. I have mock-ups of the packaging and I'd say it's top 10%. However, the space is crowded (every space is "saturated" nowadays it seems lol). Anybody have any tips on making this a big success? The product is solid, but I'm sure there are similar products and it doesn't fill a "niche" need. [link] [comments]  |
| My pitch email... Am I doing it wrong? Posted: 30 Jun 2021 04:27 AM PDT Hi preneurs, I've recently started aggressively marking my start-up and I need some pointers. Basically the strategy is simple, call an outlet, get an email address or a name and start pursuing. It's hard to tell if the results are great or not so far, so I come to you, gurus of cold emails to critique my cold email. It's quoted below:
I hope you're well. I'm James, I do outreach at Slate Delivery (https://slatedelivery.com). How does Slate work? We deliver items on the same day, within 2 hours at the same rate as couriers. Our tech is simple to integrate, The big upside is you don't have to change how your current systems work to start using Slate + there's no 30% commission nonsense. To use Slate, all you have to do is punch in the customer's delivery address, their phone number so we can send them a live tracking link, We're more than happy to schedule a date to demo our fantastic software, in the meantime, you can see our website here; https://slatedelivery.com/ I hope to hear from you soon. Kind Regards LazyBird55 [link] [comments]  |
| The "Anonymous Buying Journey" of Customers Posted: 30 Jun 2021 02:05 PM PDT Attribution is more difficult than ever for eCommerce stores. But not only because of tracking issues caused by iOS 14 updates. People shop and make purchasing decisions differently. There are a lot more options. And the journey people take to make a purchase is not as "pretty & predictable" as before. Want to increase conversion rates? Know the components that make up your customers "anonymous buying journey" i.e. the steps people take that you can't, and will never be able to, track. Here are a few: - People who use your product in public and others see it This is the kind of granular activity that moves customers through their buying journey faster, and only realizes gains when the customer's ready and has real buying intent. You won't know its happening. But its happening. You gotta read the anonymous signals and develop a clairvoyance about how the business ecosystem, i.e. all of the moving pieces and customer touchpoints, impact conversions. What anonymous activities have impacted your business? [link] [comments]  |
| Lawyer vs self-service for startup Posted: 30 Jun 2021 10:19 AM PDT I run a small tech startup (www.smartergraduate.com) and have received interest from several angel investors. My question to the group is whether there's a simplified way to get the basics established… incorporation (will be a c-Corp), by-laws, board, equity vesting schedule for employees, and term sheets for angel investors. I see plenty of websites like Clerky, but they don't seem to offer all of the specific items I need. Is it best to hire an attorney (at a much higher cost than self-service websites)? Any insight is appreciated. Thanks! [link] [comments]  |
| Posted: 30 Jun 2021 01:58 PM PDT Hi all, My partner and I recently launched the website for our app, Privee. Privee is an ad-free subscription based social media platform. We'd love your feedback on a few things:
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| Posted: 30 Jun 2021 01:47 PM PDT I walked out on my job on my break due to my manager causing stress and an anxiety attack, which I've never done before in my life. On the next pay date, my employer did not pay me my last check. Not via mail or direct deposit. I reached out to them via email and no response. I filed a claim with the Labor Laws and they stated it takes 60-90 days to process which is extremely long. What should I do to get the money I am owed? [link] [comments]  |
| Posted: 30 Jun 2021 01:00 PM PDT If I have $1,000,000 in assets for my business and I make $75,000 a month, how big of a business loan can I obtain? If I asked for another $1,000,000- $5,000,000 could I get it or more? I am not sure how loan providers calculate a comfortable limit to give out on loans. Thanks for any info or insight [link] [comments]  |
| Quick SEO Analysis For Your Website! Posted: 30 Jun 2021 06:52 AM PDT Hello everyone once again! I am an SEO specialist with experience in performing SEO in B2C and B2B industries If you want me to help you with SEO, I'd be really happy too! Just drop your website in the comments or DM me I will do an SEO analysis of your website and reply with a quick suggestion ASAP! for FREE. [link] [comments]  |
| How do I find Sponsors for events? Posted: 30 Jun 2021 12:15 PM PDT I'm in a niche Sport (Axe Throwing) and would love to find a Sponsor or 2 for our events and for my players. The sport is now televised on ESPN and my company has been featured on it extensively. How would I find Sponsors for 2022 to help with travel costs for players? [link] [comments]  |
| What are you thoughts on whether to focus on a single project or work in several ? Posted: 30 Jun 2021 08:16 AM PDT Posted in another sub, but want to hear what people think. I was wondering if there were competing philosophies here on this. I assume that each of you have a list of several ideas you'd love to build out. Essentially, do you find it better to choose an idea and stick to that, allowing you to focus your energy and time. Or mitigate the risk of placing your eggs in a single basket by working on several projects simultaneously? Would love to hear your thoughts, thanks! [link] [comments]  |
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