NooB Monday! - July 05, 2021 Entrepreneur |
- NooB Monday! - July 05, 2021
- The Marketing Genius Of Ed Sheeran
- For the love of god, stop blindly giving boilerplate advice on here without due consideration.
- I refused to work 9 to 5
- Have you ever wanted a Reddit sub to discuss tax strategies with other entrepreneur?
- Did you have a survival job while you were building your business?
- What is the best place to sell a small SaaS for $500?
- Can any onee relate to this?
- How to create self employment ideas?
- Any successful entrepreneurs been in this situation?
- Seeking funding advice
- Has anyone used "Scaling With Systems"?
- A marketplace to make it easier to find contractors for consumers
- CA Resale Certificate for out of state LLC
- Is developing a content site to eventually sell a viable idea? Is there anything I've missed?
- entrepreneurs in Vancouver Bc
- Tips on writing a professional bio
- What is the minimum amount of sales per day per store for a large retailer like Target or Barnes and Noble to take your products? 1 unit? 10?
- Looking for a Shopify Digital Marketer
- What are some technical questions you ask when hiring a web dev on Upwork (full stack)?
- 5 budget-friendly ways to get Your First 100 users
- When should I create financial models for my startup?
- Your first 10K?
- Anyone has experience using Roadie for their pickup/delivery/logistics?
- Is Summer The Best Time Or Worst Time To Build A Downline?
| Posted: 05 Jul 2021 02:00 AM PDT If you don't have enough comment karma to create your own new posts, you can post your new questions here. You can also answer/add comments to anyone else's posts in the subreddit. Everyone starts somewhere and to post in /r/Entrepreneur this is the best place. Subscribers please understand these are new posters and not familiar with our sub. Newcomers welcome! Be sure to vote on things that help you. Search the sub a bit before you post. The answers may already be here. Since this thread can fill up quickly, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. [link] [comments]  |
| The Marketing Genius Of Ed Sheeran Posted: 05 Jul 2021 06:47 AM PDT TL: DR Every Record label turned down Ed Sheeran. They thought while talented, slightly chubby ginger blokes couldn't sell records. Ed Sheeran set about to prove them wrong. This post tells the story. (Edited for more background info on Ed's marketing.) Step 1. Master your CraftEd played his first show at 11. And recorded his first album in his bedroom at 14. He was obsessed with becoming a professional artist. He wanted to hack his learning curve. He would only get one shot and he was determined to be ready. His solution? He played 300 gigs in 365 days across the UK. For context, most artists take 4-5 years to achieve the same number. How did he get the gigs? Cold emailing and then word of mouth.
He was sofa surfing with fans/ friends and sleeping on the London Underground
Ed busked during the day and played shows in pubs, bars, and clubs in the evening. He played anywhere that would have him.
It was during this time that Ed started experimenting with using a loop pedal and beats to create a better live sonic and visual show. Tip # 1 — The only way to get good at anything is to completely immerse yourself in it. You can quickly learn everything you can and simplify and serialise the process into repeatable simple steps. 2. Under-utilised Marketing channels.While other musicians were desperately trying to stoke their profile in the dying embers of Myspace or compete with cat videos on Facebook or Twitter, Ed had other ideas. He went on SBTV. SBTV is a UK urban Hip-hop and Grime Youtube channel. Why was a ginger kid playing an acoustic guitar on a Hip hop channel? Ed had mastered his craft. He had fused beats and guitar pop using guitar loops to create something extraordinary. He had created material worth sharing. And the video went super viral ( watch it here) Tip # 2 — Create content that appeals to different markets. 3. The Von Restorff EffectWhy did it work so well? Ed stood out. The Von Restorff effect is a cognitive bias where we remember and talk about things that stand out and warp our expectations. Viewers' prejudices based on Ed's image — or lack thereof— tricked them into assuming that Ed would be shit. Ed was not. Ed blew them away. This created shock and delight which lead viewers to share the content with others. We have seen this before with Susan Boyle on Britain's Got Talent and many other viral musician-based hits. Tip # — Fish where your competition doesn't 4. Going on TourBritish Rapper and Singer, Example saw the video. He invited Ed to support him on tour playing to crowds of 3-5000 every night. Most new acts are overwhelmed and underperform but not Ed. He had already mastered his craft by playing hundreds of shows. Ed smashed it. The Crowds loved him. People were talking about him. He was building a buzz. 5. The Viral EPEd started working with Producer Jake Gosling. Jake produced a lot of grime artists. They had seen Ed on the SBTV video. Gosling introduced them to Ed. They all got on and agreed to feature on Ed Sheeran's next EP. Ed released an EP called 'No. 5 Collaborations Project' produced by Jake Gosling and featuring grime artists like Devlin, Wiley, and JME. It went to No.2 on the iTunes chart. There was no record label. It had no radio or marketing spend, just Ed's social media and the fanbase he had built up playing the 300 gigs and supporting Example on tour. The EP sold 7,000 copies in the first week. The EP entered the official UK album chart at No.46 Weeks later Ed was headlining a show at the 200 capacity Camden Barfly in London. ( the tweet) 1,000 people turned up to see Ed. He played 3 different shows and then came outside to play songs for the crowd stuck outside. Now EVERY record label wanted to sign Ed. Asylum Records won the battle for his signature. 6 years later, Ed Sheeran was the biggest selling act on the planet. Ed Sheeran's Marketing strategy
Summary
Somewhat predictably I have a newsletter. It's got creative hacks, creative business strategies, and mental models to build audiences and overcome creative blocks. It's surprisingly good. You can sub here if you like. [link] [comments]  |
| For the love of god, stop blindly giving boilerplate advice on here without due consideration. Posted: 05 Jul 2021 09:36 AM PDT I've been on this subreddit for a while and I've grown frustrated with people giving the same boilerplate advice over and over again without any thought, even when it doesn't apply. Stuff like this:
I could go on. Things like "talk to your users", "do market research," "confirm that this is really a problem," or "move fast" are all generally good pieces of advice. But for fuck's sake, it feels like I could write a bot that posts these generic comments on every post and I'd end up being at the top more often than not. Please, ask for details and put real thought into the advice you give. If standard boilerplate advice was all they really needed, then they could probably have gotten that from any other website or post. People come on here to ask questions because they can talk to a real human that can ask for clarification and give advice around their specific situation. [link] [comments]  |
| Posted: 05 Jul 2021 10:05 AM PDT |
| Have you ever wanted a Reddit sub to discuss tax strategies with other entrepreneur? Posted: 04 Jul 2021 08:04 PM PDT I started a sub that stemmed from r/fatfire because I could not find any subs on Reddit that was dedicated to Advanced Tax Strategies. Thus I created one for high income earners: r/AdvancedTaxStrategies As expected we're getting a lot of good questions! I would appreciate if you could check out the sub! [link] [comments]  |
| Did you have a survival job while you were building your business? Posted: 05 Jul 2021 05:22 AM PDT I'm currently working at Best Buy, in the Geek Squad department. I hate it, I'm basically remote tech support at this point but there's nothing else in my town besides GameStop and AmazonFC, both of which I've already worked at. Can't wait for my side businesses to take off and being able to quit my job. [link] [comments]  |
| What is the best place to sell a small SaaS for $500? Posted: 05 Jul 2021 12:34 PM PDT I created a small SaaS which shows ecommerce and shopify store owners possible products to sell in a bi-weekly newsletter. So far I got 20 sign-ups and its going pretty well. Sadly my new job is taking all my time that is why I am looking to sell my project cheaply instead of just letting it go stale. Its 100% automated any only the marketing needs to be done manually: https://productjewel.com The cost to run it is just $10/month and its a really nice business, sadly I don't have the time to do the marketing needed to grow it. It's built using PHP with a Mysql database on a so called LAMP stack. The products get automatically fetched from a source I won't reveal, put into the database, and then send out twice per week to the users. Here you can see how the email looks like: screenshot It works automated, first it scrapes the products from a source, then it stores them in a database and finally sends them out in an email to all users 2 times per week. There is no revenue yet but the trial users could still convert to paid. [link] [comments]  |
| Posted: 05 Jul 2021 05:56 AM PDT Excuse me if this is not the right subreddit to ask in, but right now im in a situation where i have no friends, i had some but since i decided to go in this entrepunaual path we parted away. I mean is it because all i do and talk is planning and having this relentless energy about starting shit out? I mean for me i love where am at in life my mindset, plans, work ethic, health, pretty much everything.I don't mind to be lonely in order to get what i want,but it seems that i cant balance between what im foucsed on and the people around me, is anyone can relate to this, if so whats the best way to deal with it? Thanks in advance <3 [link] [comments]  |
| How to create self employment ideas? Posted: 05 Jul 2021 09:27 AM PDT Hello everyone! At first i want to thank you kindly for reading my "problem" and if you give suggestions for solving it, thank you again :-) Second i wish to apologize for some bad english writing, i am from germany and doing my best! My name is Marc, i am 29 y/o and as i mentioned before i live in germany. I am employed at a big international distribution for IT-Equipment (Inside Sales). I like my job and i like my employer, but i wish to create something for my own in case of a business or similar. I think about this step for like a year or so, but can't find a starting point. Especially finding ideas for a business-model is quite hard. My goal isn't primarily to quit my current job, just to gain some extra cash from a source which i built up for myself. But as i mentioned - i can't find any ideas. If you would ask me what my skills are - i am a pretty good speaker (i like to present stuff with powerpoint or something like that), i am a decent writer (that's what my friends and family use to say about me which i often prove in case of writing letters, applications, sometimes texts for products of webshop from other self employed friends) Sometimes i have some ideas in mind (for example offering a "application service" for people which try to apply for a new job after a long time or younger people which finished school) but then i think: "Meh, who would pay money for that?!". I am open minded for many things, whether it would be a service, trading business or offering things for rent. But man, i always stop at the thought of: "Who would pay money for that?". Any suggestions or helping ideas, maybe from people who did this step in the dircetion of self employment (full time or part time)? Thanks and have a nice day [link] [comments]  |
| Any successful entrepreneurs been in this situation? Posted: 05 Jul 2021 01:01 PM PDT So I'm not sure if it's my personality, truly getting bored/disinterested or not being fully dedicated/disciplined. From my regular 9 to 5 job, I have a pretty steady flow of decent income, let's say as of now $1K a month in disposable cash ready. I usually invest it but I feel like I'm capable of making more beyond exchanging my hours for money. Pre-pandemic and at one point I was working my ass off from the early morning to night 6 days of the week, barely having any time for my wife and child. Even though this pandemic was rough, it was a nice reset button allowing myself to work from home and spend more time with them. My income dropped, but at least I'm here at home with the family. Now since the whole thing started last year I've tried:
I've picked up a lot of skills along the way: video editing, illustration, photoshop, copywriting, web site designing, SEO, technical and fundamental analysis in the financial markets, negotiation skills, SSM, to name a few… More ideas tend to come by, and my wife is supportive 100% but I'm at that point where I ask myself when I come up with an idea: Is this the next big one? Or I'm I kidding myself and will it be another failure like the rest? Did I even push as much as I could have? And another one for you guys who are successful: How do you know the difference between letting something go (it's not worth it, won't work, etc.) and going all in with your bridges burned down? How do you know if it is "it" or "the one" …? TL;DR: I feel like I'm everywhere but nowhere. How do you know if you're on the right track with whatever it is you have? [link] [comments]  |
| Posted: 05 Jul 2021 03:17 PM PDT Hello! I've been in corporate my whole life (specifically Product Management). Before I started my own business, "funding" meant pitching a CEO to shift resources in the direction of my concept. The pitch was basically a business case. Now I'm a little lost on how to fund my venture because I know this type of funding is different and I'd love some advice from this group. I'm sure this question has been asked a million times, but I'm also pretty sure that the right guidance varies based on the situation. So, here's mine: The problem I'm trying to solve: Now that Covid restrictions are easing up and companies are changing their policies, newly remote workers don't have to stay put in their home office. They want to live everywhere. They don't want to pay for, and frankly don't trust, Airbnb. They want their homes cared for while they hit the road (plants watered etc..). Solution: 48 dots (www.the48dots.com) is a home swapping club. We match trusted cohorts to continuously swap homes. We obsess on trust and safety. We obsess on making sure that cohorts really live the same lifestyles so that they stay in homes that match their standards and they care for homes like they would their own. Early testing: People love the concept. However, my reach is extremely limited to direct interactions. What I'm looking to fund: Since I'm going up against Aribnb and other longt term rentals, I need to put a lot of ad dollars into building up the network. Yes, I have considered tactics for virality and yes I have considered approaches for referring friends. However, to grow aggressively, I still believe I need funding. Questions: What are the best places for me to go to start pitching for funding? If I want to raise about $2M, who should I be targeting for investors? Given the early stages of the company, what are certain proof points that are valuable? Are there other things I should be thinking about? Any and all feedback is welcome (including any you have on the site or product because I'm always looking to learn about that too). [link] [comments]  |
| Has anyone used "Scaling With Systems"? Posted: 05 Jul 2021 03:04 PM PDT That's the question. They seem to have a good marketing system but there are also some red flags. Curious if anyone out there can speak to their experience working with them. Sorry if you are not familiar with them but a simple search will turn them up (be careful, they are retargeting heavy). I didn't want to link out and seem like spam. Thanks! [link] [comments]  |
| A marketplace to make it easier to find contractors for consumers Posted: 05 Jul 2021 03:37 AM PDT I've been thinking for a long time for an easier way for consumers and companies to get work for contractors(plumbers, electricians, carpenters, etc). I always seen consumers call around for different companies and their rates before picking one. This is a long process of first calling around, remembering every detail of the deal, and then decide the best, you might even miss a deal because you don't know about a cheaper or better company. So my idea is a B2C marketplace where the consumer can go through a question forum about the work they need and be linked up to all companies close by or by rates, then pick from the offers the companies send out. This is just an idea I have but would love some guidance about the market, other companies in this market, and some adjustment to the idea. [link] [comments]  |
| CA Resale Certificate for out of state LLC Posted: 05 Jul 2021 02:47 PM PDT Hello everyone, I was curious if any of you hustlers have had to go through the process of obtaining a California Resale Certificate. A friend of mine who is a CPA mentioned that I'd have to register with CA as an out of state LLC to obtain an SOS number, and would also have to pay $800/year. I can't remember the details exactly so I wanted to see if any of you have had to deal with this process. This would be for an e-commerce business. I understand getting a CPA would be best, so if you have suggestions for CPAs in e-commerce that'd be appreciated as well. Thank you. [link] [comments]  |
| Is developing a content site to eventually sell a viable idea? Is there anything I've missed? Posted: 05 Jul 2021 02:43 PM PDT Hi all, This might be a long post so thanks in advance for reading: Background/general idea I've worked as a freelance writer for the past 10 years making a decent living doing mostly doing content for affiliate sites and a lot of content on subjects like WordPress, SEO, digital marketing etc. I've since retrained in a completely different career and getting out of the freelance game altogether, but I do have an idea to develop two websites of my own that I've owned for a few years with a view to eventually selling them. Website 1 - Web design / WordPress etc. I originally set up this site about 2 years ago to dump a load of old content I'd written but wasn't published. Haven't updated it in about a year but it's Adsense monetized and occasionally brings in a few dollars here and there. Aware that there's HUGE competition out there for these types of subjects so it's going to be hard to make a valuable site - but I've still got lots of ideas for content that I want to write about because I am genuinely interested in this subject. Website 2 - starting and growing a freelance writing career I no longer need the site I used to market my work and I'm thinking of using the domain to start a site with tips/advice etc. for people looking to get into this line of work. Again, there's competition, but having done this for so long I think I've got a unique perspective I can offer and make something of this. Again, it's Adsense monetized already but doesn't earn much because I don't do anything with it. PLAN: Take 2 years to build and develop the sites to the point that they're regularly making decent Adsense revenue - see if I can sell them on for a profit. What I'm good at:
What I'm not so good at
What I'm questioning:
Any feedback, thoughts, criticisms, answers to questions etc. would be a appreciated. Is this even worth my time? [link] [comments]  |
| Posted: 05 Jul 2021 10:45 AM PDT hi people im looking to connect with business minded people in Vancouver area, all my friends suck hahah lame but true i want to meet people that have ambition like me and who know maybe start something together. im 32yo Spanish guy , been living here for about 10 years now. hit me up!!!!! [link] [comments]  |
| Tips on writing a professional bio Posted: 05 Jul 2021 02:02 PM PDT I'm a real estate agent and have been licensed for a month now. I have no experience yet but need to get a bio on my website. Any help would be great. The samples I've found all reference referrals and experience what can go in place of that? [link] [comments]  |
| Posted: 05 Jul 2021 01:53 PM PDT |
| Looking for a Shopify Digital Marketer Posted: 05 Jul 2021 07:39 AM PDT We are looking for an entry level Shopify marketing agency. Could you recommend someone (or yourself) ? Some high level background: We are a very small (2-person) company based in Europe. We currently sell a product mainly via Amazon in USA and Europe. Last year's turnover in USA was around 200k with a healthy margin. It is a high quality, niche product with excellent reviews on Amazon. Target audience is 30-70 year old family members, mainly women. This year, we are looking to diversify via our own Shopify store. The main idea is that it would allow us to develop our own customer base outside Amazon and reduce dependency on Amazon. We believe we can scale up to about 1M/year in USA over coming 2 years. However, the founders are not marketers and currently we believe we do not have a solid enough based to hire an in-house digital marketer. So, we are looking for an agency who can setup our Shopify Store (5 SKUs) with links to Google Analytics, Ads (google, FB, Insta?) and manage the ads with ongoing optimization on ads and SEO. We have image and video assets as well as text copy already developed for Amazon which can be adapted to our Shopify store. Since this post may open us up for a lot of spam, I would like to clearly set out what we expect. If you believe you know an agency which is a good fit, or you run an agency which can meet these expectations, please leave a comment (preferably) or contact via PM.
I will reply to non-spammy comments where relevant. I would like to keep this id not linked to the business (at least publicly) so I may contact you by other means if I decide to work with you. Thanks for looking into this! [link] [comments]  |
| What are some technical questions you ask when hiring a web dev on Upwork (full stack)? Posted: 05 Jul 2021 09:19 AM PDT Looking to create a web app and have hired some bozos because my hiring process was terrible. What are some technical questions, that a non technical founder, should ask? [link] [comments]  |
| 5 budget-friendly ways to get Your First 100 users Posted: 05 Jul 2021 04:17 AM PDT Getting your first 100 users is never easy. You don't have spreadsheets full of data to pull from, you don't have existing segments, you don't have any testimonials to increase your social proof. You're just testing out different methods to "see what sticks" and what you should double down on. Many entrepreneurs use paid advertising to get their first customers. but there are also a variety of budget-friendly ways you can use for increasing your followers. You just need to know the right way, In this Post, I have crafted 5 budget-friendly ways that you can use to get your first 100 users. #1 Reach Out to Your NetworkIf you're creating a product for a specific niche, then chances are you know people who are in that niche already. A quick way to do some customer development is to reach out to that existing network and ask them specific questions about your product and market. or if you are not so comfortable, start with your friends and family. Remember a customer is a customer, no matter whether it someone from outside or inside. you have persuaded them to buy your product. means you got what it takes, right? #2 Use forumsForums give you a central place to build your expertise and authority in your field. It doesn't matter if you are a newbie or a seasoned expert– everyone has an opportunity to ask questions and share their answers. The better quality your answers are, the more upvotes or likes they will receive. And This will be displayed on your profile, showing anyone who interacts with you that you're highly active and someone they can trust. Forums are a great way to increase traffic to your website when you place a relevant link in your reply. and in case if you are in doubt, Ask the user you are replying to if they'd be interested in seeing an additional resource you've created on the subject and get their permission before sharing. This will show forum moderators that you are not just using forums for your own gain but rather to be helpful to their users. #3 Leverage Other People's PlatformsOne of the best ways to build an audience of your own is to find other brands that have an audience similar to what you're trying to build and bring them over to your own platform. It's not as easy as it sounds. First, you will need to build trust. Trust is a big factor when persuading people to buy, If you leverage someone else's platform to build your own audience, you'll be able to "borrow" the trust they've built with that audience as well. But remember, It takes a lot of work to build credibility and trust. so you have to be patient and wait for the right time. or else, you will become a spamming member. #4 Cold E-mailOne of the most straightforward ways to get your first customers is through cold e-mail. Cold emailing is the practice of organizing email outreach to potential customers that fit your target customer profile but don't know you yet. The aim is to offer your product/service directly to your prospects. Research about your customers. Make sure to write a simple yet compelling subject line, don't make it salesy. Start with a friendly chat, don't just go off like, buy our product, etc. Don't make it long. be on point. Be as honest as you can. And also Include the ask. something like, "I'd like to follow up on this with a quick phone call. Can we schedule a 20 minutes call for next Wednesday at 11:30 am GMT?" But don't expect instant results, cold email conversion rate are kind of low. so be patient and try to improve yourself. #5 Use copywritingPeople are coming to your website thanks to your digital marketing skills. now, what's next? Only getting visitors is not your goal, right? To increase your sales, you have to grab their attention, you have to build trust. you have to show them how your products can make their life easier. you have to make sure that they don't have any doubts left. But how can all of these happen? That's where copywriting comes. Copywriting is the art of writing persuasive articles and copies that help you increase your website conversions. Copywriting not only increases your sales but also boosts your credibility and of course ROI. A powerful copy is important for every business. but still, many entrepreneurs skip this part. But make sure you don't make this mistake. write a powerful article with the help of powerful copywriting tips. or if you have a budget, you can even hire one. The thing is, copywriting is very effective and can help you boost your sales more than you can think. so don't just take copywriting away from your marketing strategy. or you will have to lose your user at the last moment. [link] [comments]  |
| When should I create financial models for my startup? Posted: 05 Jul 2021 09:14 AM PDT I just came across financial modelling as a way to make business decisions, found it very interesting But what I have seen is people majorly use it during funding rounds to show KPIs to investors Will financial modelling really help me make business decisions as a budding startup now? Or is it only helpful for startups want to show financial projects to investors Want to know what others do before I invest time in learning it myself [link] [comments]  |
| Posted: 05 Jul 2021 12:46 PM PDT For all you entrepreneurs out there, how did you make your first 10K? [link] [comments]  |
| Anyone has experience using Roadie for their pickup/delivery/logistics? Posted: 05 Jul 2021 06:40 AM PDT As the title say. I'm talking about this service: https://www.roadie.com/. I'm looking for any experience using them and I am also open to alternative companies (if any) that do something similar. Thanks! [link] [comments]  |
| Is Summer The Best Time Or Worst Time To Build A Downline? Posted: 05 Jul 2021 11:52 AM PDT Summer is a great time to make excuses NOT to do your business. [link] [comments]  |
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