I’m 16 and my side hustle earns me $2,000 a month. Here’s what I’ve learned. Entrepreneur |
- I’m 16 and my side hustle earns me $2,000 a month. Here’s what I’ve learned.
- When I'm finally successful, I'm gonna take a 3 day nap
- In need of a reality check
- Any former software developers who ditched programming for some kind of business?
- Target your main Competitor's audience & customers directly (August Beta - paid)
- $100k of Google Cloud Credits - what to do?
- Am I being unreasonable? I'm tired of working for employers who won't allow side business or won't negotiate contracts, and want to give my employer an ultimatum.
- Social media trends/updates of July For You
- Seeking advice to realize my realistic risks and opportunities. I have about 60k saved up, I am all debt free, and my current engineering contract job is very flexible while providing me about 100k a year, but I’m not fulfilling my entrepreneurial goals?
- Looking for Advice
- There are so many founders of massive companies that were told "That is a horrible idea, it will never work". If I am reading this (not about my idea, but similar ones) how am I supposed to know if I have a viable business, or if these naysayers are actually right?
- Successful SAAS Entrepreneurs?
- Need help with a survey
- Food service startup
- General question advertise your product through reddit?
- Does Peter Thiel stick to his own rules?
- Need recommendations on what to do after publishing a book for my audience.
- What's the deal with monetizing music? (plus art & entertainment)
- What is the most time consuming thing you have to do for your business?
- Caravan rental UK
- Offering Consulting for those looking to start or have a Brand/Business.
- Starting new business and buying an expired domain?
- Moped rental business
- Where can I find buyer for a mobile app software?
| I’m 16 and my side hustle earns me $2,000 a month. Here’s what I’ve learned. Posted: 31 Jul 2021 12:10 PM PDT Hi, I'm George. I'm entering my senior year of high school, and this summer I started a registered lawn care company that has grown to about 20 accounts across my county, including two commercial properties. I know this isn't a technological breakthrough or never-before-seen-idea, but it nets me better pay than most of my friends, and I thought I'd help other entrepreneurs out with some basic information. Keep in mind most of this information is only pertinent to physical business modes where you are meeting with customers and performing a service. I was unable to afford a truck this summer, so my work vehicle is a 2016 Ford Fiesta sedan. I fold a push mower up, jam it in the trunk, and force in a weedwacker, edger, and blower on top of it. Furthermore, I live in South Florida and my car's AC was broken until last week. It's not the ideal setup, but I'm used to it by now. Because I run 5-8 miles per morning for my cross country team, I was limited in the hours I could work. As of right now, I work about 15 hours per week and earn about $450 after expenses. I'll cut this down as much as possible, because there's really only 3 crucial things I've learned that are applicable across all fields of business. The first is that quality must come first. Don't advertise yourself as the cheapest guy in the market, advertise yourself as the best. The people who respond to your marketing as the cheapest service are typically going to be cheaper people, and they are less likely to help in the expansion of your business. When you do a good job, people will take notice and refer you to their friends and family. I lose about 25% of my business because of price, but as long as there are other people willing to pay higher prices for higher quality, it's no loss to me. Secondly, think of unique ways to reach untapped markets. I, for example, utilized my city's subreddit to post an ad for my services because I didn't see any competition there. If your service IS digital, maybe try to find a physical way to reach the people who missed your virtual marketing. Third, keep track of your finances. This is something I'm not good at, and I can easily spend $300 a week eating out with friends. Careful bookkeeping will help you get a better idea of where your money is coming from, where it's going, and where to expand. [link] [comments]  |
| When I'm finally successful, I'm gonna take a 3 day nap Posted: 30 Jul 2021 07:46 PM PDT |
| Posted: 31 Jul 2021 10:02 AM PDT I'm a software developer and my product is on-demand image optimisation for websites. I'm bootstrapping while working a 9-5, started in November last year. I got my first customer in May and I'm in talks at the moment to partner with a website hosting provider to sell to their clients as an add-on. I'm not at a point where I'm marketing things at any scale, still doing direct sales while I figure out product fit, pricing model, and some technical kinks for scaling. My target customers are front-end developers and website admins. I'm finding it stressful tbh, despite the product working well and having some great unique features, I still feel like an imposter. I don't have a co-founder to help me, and because this is my first business there's a lot to do and learn. I'm still losing money, but within the range I can support from my salary. My competitors are massive cloud companies like cloudflare, imgix, and other CDN providers. Potential customers have expressed concern over using a small company over a reliable giant. I don't have an audience built, which I know I need to work on. Tbh I tend to gravitate towards the technical challenges because they're in my comfort zone. My ambition is to be able to live off the business profits within 2 years, and then provide other developer-centric products to the same audience. I'm considering scrapping it because of the stress of providing a service with such high reliability and performance standards (something I've not had to before), but I hate to give up on things. I also have a tenancy to evaluate myself harshly. Any blip in performance or dropped request feels like fraud. What are your gut feelings? Am I wasting my time, or are my ambitions feasible? Is it worth it just for the learning experience? Is there anything I should focus on that could make it less stressful? Any general advice for a 25 year old figuring this out for the first time? [link] [comments]  |
| Any former software developers who ditched programming for some kind of business? Posted: 31 Jul 2021 11:28 AM PDT Why did you do that? What are you doing now? How are you doing now in terms of money, happiness, and quality of your life? Would you do that again? [link] [comments]  |
| Target your main Competitor's audience & customers directly (August Beta - paid) Posted: 31 Jul 2021 12:11 PM PDT Hey everyone! For the past few months, me and my team have been working on an AdTech tool that enables you to target your competitor's audience & customers directly (you might have came across our posts - we're building in public!). We've came up with very creative ways to do it, and now working on releasing it to the public as a SaaS tool. We've been running Beta cohorts for the past two months with a total of 93 people/companies/agencies, gathered lots ot case studies and amazing results, feeling very grateful. Around 60% of our Beta participants have already signed up for their annual packages, which is amazing! Basically, the tool, Tuwio, is about targeting your competitor's customers directly. We're using a bunch of publicly available data and two secret sauce ingredients we've developed with the team. Works no matter what sector you're targeting, or location, or anything else. All you need to have is a competitor, or multiple competitors that have a web presence - a website & social media channels are enough. Doesn't matter what your business is about: We've worked with DTC eCom companies, dropshippers, crypto companies, university recruiting teams, cloud hosting companies.. Again, only thing you need is a competitor - or more than one! Simply put, Tuwio means lower ad costs, better targeting and higher conversions. Conversion campaigns with 10-12% are not uncommon, CAC dropping down to 1/8 of what it used to be also.. With good creatives, good product & good experience on top of this, you can build a rocketship. Only problem is, we are not sure how scalable the tool would be for the users: We haven't been experimenting with it for 2-3 years after all, just 5-6 months until now. Good thing is, unless you're spending $200-300K/mo, everything should be fine. The reason I'm telling you all about it is, we're looking for the last Beta test (August batch) members. We've completed our June and July batches, and this will be the last one before the public launch. You will be paying a certain amount, since there are big infrastructure and engineering costs for this, but it will be discounted since there might be bugs and other issues - you're an early adapter after all, highly appreciated! So please let me know if you're interested and we can talk. You can sign up directly here, or read about Tuwio more here. If you have any questions, let me know! Thanks! [link] [comments]  |
| $100k of Google Cloud Credits - what to do? Posted: 31 Jul 2021 08:56 AM PDT Hi everyone, I have $100k worth of GCP credits sitting in an account, have to spend it all in 2 months. However, we do not have a project (or any plans related to it). Do you have any ideas on how to monetize it? [link] [comments]  |
| Posted: 31 Jul 2021 04:40 AM PDT Software dev, who can build pretty much anything. AI in the cloud? Done. Databases and front end, no problem. Excel macros, second nature, hard core phd level AI research, or an App no worries. Been there done it. After a short break, where I laid the foundations of a new side bussiness, I decided to taken on a job. Didn't need the money. Could afford to take the next 10 years off. None of this is a humble brag, just setting the context and really looking for advice. When joining the aforementioned company I made it clear to the employer that I would need amendments made to my contract. I made it clear that things like;
would need to be amended. I submitted, in good faith, a high level list of IP. My bosses, and even my bosses, boess, boss is supportive. However the company (legal/HR) just keep sending me in circles. I've only been with the company a short while, but have already single handedly built an entirely new system that has benefited every single department. I'm having directors from all over the company reach out and thank me for this revolitionary new peice of software. People across the company are estatic with my ability to get shit done. The problem is I feel trapped in life. I'm beyond sick of not being in control of my own density. To steal captain America's line: "I'm way past asking for permission". Am I crazy for giving this employer an ultimatum? Setting a hard date, for which the contractual issues must be fixed, and leaving if they are not? I've looked at going contract, but most companies seem to want contractors that are really employees. E.g. they control your schedule. Must be on site 9-5, and have your own insurance, but we pay barely more than our standard employee rates and we don't pay your holidays. As i said, I don't really need the money. Just didn't want a massive CV gap if business doesn't work out. Maybe that's not as big a deal as I think it is. [link] [comments]  |
| Social media trends/updates of July For You Posted: 31 Jul 2021 05:36 AM PDT
Hi, jaskaran here and I am running a Sunday where you will know what happened on social media that week, new tools, content opportunities and much more. If you're interested in all these things? This is for youuuuuuunewsletter [link] [comments]  |
| Posted: 31 Jul 2021 12:23 PM PDT I feel like taking the leap for Entrepreneurship was a lot easier, before I was making a "good" income and have a semi-comfortable life with my career. The golden handcuff is real (more like a fake bronze not gold). So I'm 31 years old with 2 engineering degrees, currently my only real expense is my rent, which I am hoping to turn into a mortgage so I can get some sort of equity for the price I'm paying and I'm all debt free. Fortunately or unfortunately I was able to get in to contract engineering roles with good pay and flexibility a few years ago but now taking risks are a lot harder for me. I feel like 10 years ago I was so motivated and ready for this moment in my life to take the leap and start something new and go for the next step, but now the reality is taking that risk is a lot harder than what it seems. I was wondering if anyone here, shared similar experience or was able to take the leap without the desperation, and resist the urge of semi comfortable life and hustle of climbing corporate career life? [link] [comments]  |
| Posted: 31 Jul 2021 08:43 AM PDT I'm looking for any insightful advice as to what anybody else would do if they were in my position. Here is some backstory first I am 21 years old about to start my senior year in college. Thus I will be graduating next May. My bachelor's will be in journalism, and I have an associate's in communication. I got into college interested in these majors wanting to become something along the lines of a sports analyst, a reporter, news anchor, etc. Then my junior year came and my passion for what I thought I loved died out. I just could not see myself doing all that as a career, and rather than changing my major I am now more focused in related areas such as advertising, marketing, and sales. I plan on completing my degree and hopefully obtaining a job in one of the fields I just mentioned. However, the reason I want to get a job in one of those areas though is to not build a career. I don't have aspirations to be a best advertiser, or the greatest to ever do it at marketing, or the best salesman out there. I want to just simply continue saving money to be able to go into a venture of my own (and to apply for loans and such to make said ventures easier to get into you need to have steady income). I do not believe I have found anything I extremely excel at, nor anything I am extremely passionate about. I have likes and hobbies though like everyone else. In today's world there are so many business opportunities just waiting on me and everybody else to be a part of. Some ideas I've had are trying to open a business (possibly a gym maybe a cannabis dispensary), flipping cars, investing in a rental home(s), maybe some sort of E-Commerce deal (or something along those lines), and even possibly trying to flip houses. The problem with this is the amount of capital it takes to start. Which is why i mentioned loans earlier. At this moment I have about 25k in my life savings with about 15k that would be available at this very moment to dive into something. Like I said earlier I have full intent on completing my degree with this being my final year. I guess the advice I am looking for is l, should I be looking at jobs to start a career to save up like I mentioned upon graduating, or should I start possibly looking into some of the ventures I have mentioned and making it a reality, or both? I apologize about any grammar mistakes, and wandering thoughts. I wrote this on the fly. Thank you for your time! [link] [comments]  |
| Posted: 31 Jul 2021 10:16 AM PDT I see people talking about similar businesses that I want to start, but on other threads, and I just see things about it being too saturated now, and the golden days of such and such business model is long gone, etc etc. On the surface, it's easy to just say like, fuck them, I'm gonna do it anyway. But in reality, I know that I am not god's gift to entrepreneurship, and for all I know, these people are right and I'm making a horrible mistake. I feel like I would be naive to ignore these statements that are probably accurate, in terms of saturation and golden days, etc. But also, I feel like I would be such a coward for not trying. They are just two very conflicting thoughts, and I do not know how to come to terms with them in my head. The sad thing is, I don't even want to say my idea, because I don't want to even see any negative words to dissuade me, but that also seems like a horrible thing to do, by just tuning out the stuff that goes against my belief. I hate when people do that with basically any area of life, but here I am doing it with this. Any advice on how to figure this out? Thanks [link] [comments]  |
| Successful SAAS Entrepreneurs? Posted: 31 Jul 2021 04:07 AM PDT Hi entrepreneurs, I have been considering starting a SAAS in the e-commerce space and was wondering what I should expect. For context, I have a solid background in marketing. Taken multiple e-commerce businesses to six seven-figures so I completely understand the problems and have a few ideas to work on. I have a few questions;
Thanks in advance for your replies. [link] [comments]  |
| Posted: 31 Jul 2021 01:34 PM PDT Hey all! I posted a few weeks ago asking about people's experiences using collections agencies and if they were ever successful. To gain additional information on this, I wanted to see if some of you have the time to fill out a brief survey regarding your experience. Right now, we only are looking for people that have a business in operation and that have had past due invoices before. Completely anonymous with an option to add your email if you want further updates, but that's it. I would greatly appreciate the help! The form is below: [link] [comments]  |
| Posted: 31 Jul 2021 01:18 PM PDT Good evening everyone, I've been cooking my entire life, including 7 years professionally. I went to school for food service entrepreneurship and earned my bachelors degree. Cooking has been, and always will be a passion of mine. Let's be Frank, cooking doesn't exactly pay the bills. My end goal while growing up/going to school has always been to open my own variety of restaurants. I have a great start up idea in mind however the problem is funding. After recently helping a friend open our own restaurant (sous chef) it was an eye opener to the amount of start up cash involved. Also a big wake up call I'm ready to start my own spot. Does anyone have any previous experience in restaurants and care to explain how they started? I would love to sell food I cook (ie homemade ravioli/pastas/ desserts/ sauces) you name it. One of the hardest parts is not having a regulated kitchen to cook the food within. So technically anything I would be trying to sell would be illegal. It does not matter how clean my personal kitchen is, or all the procedures I take to ensure a food safe environment. Any recommendations for an aspiring chef/ restauranteur? Thank you all for your time [link] [comments]  |
| General question advertise your product through reddit? Posted: 31 Jul 2021 01:17 PM PDT Is it possible to market a product through reddit and have it convert? [link] [comments]  |
| Does Peter Thiel stick to his own rules? Posted: 31 Jul 2021 12:50 PM PDT Hi, I was looking at Peter Thiel's portfolio and wondering, does he really stick to the ideas he shared on Zero To One when making investment decisions? Some of his investments, for example on classifieds company OLX, seem not to fit with the all monopoly thing, being way ahead or completely avoiding competition. Thanks [link] [comments]  |
| Need recommendations on what to do after publishing a book for my audience. Posted: 31 Jul 2021 12:49 PM PDT I am just about to publish a sportsbook in august which should bring in enough money to fund creating a product that is also in my niche. I am trying to be cautious because I've failed enough times in the past to where I hate losing money so I would want to start my next venture wisely. I am unsure if I should focus on creating a product that has not been done for this niche yet or maybe going the merch or course route. All paths cost money so I would want to find one that provides maximum output for minimal input in terms of I put in $100 and it returns $1,000 while only spending 1 hour working to build that idea. Hopefully, that makes sense but would appreciate any helpful advice you guys can provide on things to think about/ask myself about the next steps. [link] [comments]  |
| What's the deal with monetizing music? (plus art & entertainment) Posted: 31 Jul 2021 12:47 PM PDT Making money from art and entertainment has struck me as not very straightforward, and the question of "what problem are you solving" has always stumped me. Cause my natural instinct is to respond with "to entertain," but that would mean almost every artist of every art form would have the same answer as well. Would that mean the way you differentiate yourself with this type of business is through positioning? Also, it seems that the main products of said businesses are not really monetizable. Nobody buys music anymore, they expect them from a subscription/ad model. I understand that art and entertainment have an aspect of relatability that makes people want to buy merchandise, but then what does that look like in a business plan? Is music a marketing tool for merchandise? Artists make a lot of their money from sponsorships, so does that mean your brand is your product? Are artists just a glorified personal brand? Does anyone have any insights on these concepts or know of any books/youtube videos that discuss it? [link] [comments]  |
| What is the most time consuming thing you have to do for your business? Posted: 31 Jul 2021 08:07 AM PDT Despite the dream we all have in our heads where the cash rolls in while we sleep, there must be some things that you can't seem to detach from. For me it's updating product images on our Shopify store. [link] [comments]  |
| Posted: 31 Jul 2021 10:12 AM PDT Rent a 10 acre field from a farmer, agree to long term lease, put up a fence and secure locking gates. Rent caravan storage, most companies I've seen are charging £600-£700 I'll charge £500. 10 acre field renting for £1100 a month. Need to find customers will be posting on Caravan club websites. Any ideas for marketing ? [link] [comments]  |
| Offering Consulting for those looking to start or have a Brand/Business. Posted: 31 Jul 2021 09:38 AM PDT For those looking for some consulting or guidance on a new or existing brand/business, I'd love to take a call and see if I can help. I've been running my own apparel brand Rude Vogue based out of Canada for the past 9 years. During that time, I was able to grow the brand from a small idea out of my apartment while working a full time job, to now being in 6 of the top Sneaker Boutiques in Canada, being named one of the top 21 streetwear brands of 2021 by Men's Health magazine, and having numerous A list athletes and celebrities wearing the brand. My expertise ranges from the actual building and scaling of the brand/business, marketing and influencer reach outs, graphic design and sourcing, and facebook/google ads and SEO work. Once again, I have over 9 years of experience and would love to help save you time and money with learning from my past makes and misses. If you're interested in scheduling a call or learning more, shoot me a message or an email at info@rudevogue.com Looking forward to hearing from you! [link] [comments]  |
| Starting new business and buying an expired domain? Posted: 31 Jul 2021 09:15 AM PDT Let's say you bought an expired domain with a good reputation, how exactly does a new business use it to create a new website if the domain name cannot be changed? Like for example the expired domain was toyllama.com, would your business name have to be called toyllama? Or do businesses mainly use the expired domain to direct people to their main website? [link] [comments]  |
| Posted: 31 Jul 2021 08:39 AM PDT I'd like to get in touch with anyone that has experience running a motor scooter company. I'm doing some market research and a mentor would be greatly appreciated! [link] [comments]  |
| Where can I find buyer for a mobile app software? Posted: 31 Jul 2021 08:30 AM PDT Hi all! I've a mobile app software in e-commerce domain for which I'm looking for a buyer. Does anyone know a place where I can find buyers who might be looking for such software? [link] [comments]  |
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