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    Saturday, July 3, 2021

    Startups Share Your Startup - July 2021 - Upvote This For Maximum Visibility!

    Startups Share Your Startup - July 2021 - Upvote This For Maximum Visibility!


    Share Your Startup - July 2021 - Upvote This For Maximum Visibility!

    Posted: 02 Jul 2021 09:10 AM PDT

    r/startups wants to hear what you're working on!

    Tell us about your startup in a comment within this submission. Follow this template:

    • Startup Name / URL
    • Location of Your Headquarters
      • Let people know where you are based for possible local networking with you and access to local resources
    • Elevator Pitch/Explainer Video
    • More details:
      • What life cycle stage is your startup at?
      • Your role?
    • What goals are you trying to reach this month?
      • How could r/startups help?
      • Do NOT solicit funds publicly--this may be illegal for you to do so
    • Discount for r/startup subscribers?
      • Share how our community can get a discount

    --------------------------------------------------

    Join our discord for instant chat, advice, and emotional support!

    --------------------------------------------------

    Startup Life Cycle Stages (Max Marmer life cycle model for startups as used by Startup Genome and Kauffman Foundation)

    • 1. Discovery
      • Researching the market, the competitors, and the potential users
      • Designing the first iteration of the user experience
      • Working towards problem/solution fit (Market Validation)
      • Building MVP
    • 2. Validation
      • Achieved problem/solution fit (Market Validation)
      • MVP launched
      • Conducting Product Validation
      • Revising/refining user experience based on results of Product Validation tests
      • Refining Product through new Versions (Ver.1+)
      • Working towards product/market fit
    • 3. Efficiency
      • Achieved product/market fit
      • Preparing to begin scaling process
      • Optimizing the user experience to handle aggressive user growth at scale
      • Optimizing the performance of the product to handle aggressive user growth at scale
      • Optimizing the operational workflows and systems in preparation of scaling
      • Conducting validation tests of scaling strategies
    • 4. Scaling
      • Achieved validation of scaling strategies
      • Achieved an acceptable level of optimization of the operational systems
      • Actively pushing forward with aggressive growth
      • Conducting validation tests to achieve a repeatable sales process at scale
    • 5. Profit Maximization
      • Successfully scaled the business and can now be considered an established company
      • Expanding production and operations in order to increase revenue
      • Optimizing systems to maximize profits
    • 6. Renewal
      • Has achieved near peak profits
      • Has achieved near peak optimization of systems
      • Actively seeking to reinvent the company and core products to stay innovative
      • Actively seeking to acquire other companies and technologies to expand market share and relevancy
      • Actively exploring horizontal and vertical expansion to increase prevent the decline of the company

    If you are running a traditional business that is not designed to scale rapidly, feel free to reference a traditional business life cycle model and share what traditional business life cycle stage you are at.

    submitted by /u/AutoModerator
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    Guide: How I perfected my cold calling, and it might help you too

    Posted: 03 Jul 2021 12:26 AM PDT

    Hi all! Hope you're crushing it in July; I know it's a tough time of year. I created a post on how I cold call, and I'd love to hear your tips and tricks too. I understand some may disagree with my methodology, and that's okay. Let's keep it civilized.

    Make sure you at least read conclusion and TL;DR if you're busy.

    Cold calling is a unique weapon in the salesperson's arsenal. I send emails, texts, Linked In messages, and heck, even hand-written letters, but nothing compares to picking up the phone and making the call. It's like bringing a bazooka to a knife fight. Here's my take on a perfect B2B cold calling script which you might find helpful too.

    Alternative types of communication are all one-way. Through mediums such as emails, texts, social messages and letters, it doesn't require the other person to "buy-in" to the communication. Consider that for a moment.

    Those contact efforts are easy for the prospect to put-off, save for later, ignore and forget. They definitely serve a purpose, and I believe a great salesperson uses all forms of communication available, but nothing will replace a phone call.

    Phone calls are a personal, two-way, real-time interaction. I've achieved more in a single call than weeks of touches via other channels. Honestly, while prospects seem "annoyed" at cold callers, they also can appreciate the effort of a human wanting to get in contact with them, especially after multiple attempts.

    But there is a right way and a wrong way to execute a cold call, and it can be confronting for both the salesman and the prospect. Immediately, people raise their defences when they receive an unsolicited call, so we need to disarm them and instil trust.

    I'll explain the theories behind each section of my call so you can tailor it to your industry and company.

    I've conducted a lot of research on how to perfect cold calling, because it's arguably the most important call in your relationship with a prospect. It's the "first date" of the business world, so you'd best impress!

    The Cold Calling Open/Introduction

    Hi John, this is Michael from XYZ, have I caught you at a bad time?

    Let's break this down.

    • Introduce yourself in a happy tone. Keep it short, succinct and polite. Speak confidently – like you would talk to a friend.
    • Address the prospect by their first name, to infer you're of equal status. While saying "Mr." or "Mrs." can be a sign of respect, it also communicates that the prospect is more important than you. You're calling with a solution to help them and your time is also of great importance; don't put the prospect on a pedestal.
    • I stopped saying "My name is Michael…" and started announcing "This is Michael…" I found this yields more positive responses, perhaps because it conveys a sense of authority. It also cuts the total number of words down.
    • I also experienced better results using my first name and the company, but not my last name. I want to remove any unnecessary words, and simplify my message as much as possible for the prospect. Not to mention, when talking to a friend, you're on a first name basis.
    • I hate it when sales people ask me: "How are you?" I know they don't care, and it's honestly a waste of time asking. They're interrupting my day, they're a stranger to me AND they're asking me a shallow question? Save that for people you're acquainted with. Instead, I'd prefer to be asked "Have I caught you at a bad time?" for four reasons, so I tend to do the same:
    1. It's courteous and shows I respect the prospect's time.
    2. A question encourages the prospect to "buy-in" to the conversation; it takes two to tango.
    3. When someone receives an unsolicited phone call, their immediate reaction in their mind is negative and hence no, no, no. By asking if I've caught them at a bad time, the answer "no" is actually the positive answer. This isn't a Jedi mind trick, but it often buys you a bit more time to get your point across.
    4. Even if I have caught them at a really bad time, the prospect often says "Yes, but can you call back in an hour?"

    The Reason

    The reason I'm calling is because we're helping the big law firms in Adelaide with their property valuation needs, and I thought you might be interested too. Then stop talking and wait.

    • The aim of stating the intention of my call cuts to the chase and "sets a hook" in the prospect. I want to create enough interest so they want to learn more. But you don't have to hit the prospect with facts and figures; you just have to arouse curiosity. Remember, people buy from people. Be real and authentic.
    • The way you deliver this is crucial. You must be articulate, but excited; clear but upbeat.
    • I realise this pitch on paper doesn't sound exactly exciting, but the reason it works for me is because (most) lawyers are open to learning about how we can benefit them and their clients.
    • I tried different variations such as: "The reason I'm calling is because we help save lawyers time and money with property valuations…" but the response I got was that it was "too salesy," and they became more hostile over the phone.
    • "…we're helping the big law firms in Adelaide…" is social proof that we're helping companies LIKE them, and we're local. This cements a trust in the prospect that we can actually provide some value to them.
    • "…and I thought you might be interested too." Who could be angry at that? I disarm the prospect but letting them know I'm not selling anything at this stage; all I've done is explain we've helped others like them and now I'm thinking we MIGHT be able to help them too. This provides a great avenue for more questions regardless if their response is "yes" or "no."
    • Then stop talking and wait for a response. In many instances, the prospect has already started talking, but if not, use the silence to create an atmosphere where the prospect HAS to say something. Often the prospect is interested and wants to hear how we can help, but on the odd occasion some they say they're not interested.

    Qualify

    The aim here is to "investigate" by asking questions. While my hypothesis is that we can help them, I want to make sure they're a good fit for us. There's nothing worse than a bad customer, or wasting time with someone that the product/service isn't going to suit.

    Using a date as a scenario, imagine if you just talked the whole time about how good you are. Personally, that would be an awkward situation. The typical salesperson (myself included) is a type-A, extroverted personality who enjoys conversing, talking and having a laugh. Our job is to ask questions, and then shut up, listen, and absorb what they tell us.

    If they say they're interested

    Great. If I could ask you real-quick, how many family law clients do you have at the moment?

    On average, what percentage of those would need their property valued?

    Who do you typically use for property valuations?

    What's your experience been like with those firms?

    Sounds like we might be a good fit for you. Lawyers find us useful because we service a bigger area across the state, and we also value all types of property. So we're able to save you time because we're more of a one-stop-shop.

    If they say they're not interested

    Oh, that's okay, I understand. If I could ask you real-quick, is it a timing issue or something else?

    If it's a timing issue, organise a time then and there of when they'll be able to give their full attention, and lock them into a meeting via email calendar. If it's something else, you should have your objection/complaint responses ready. Then, depending on how that goes, you can re-direct to the questions from the "interested" category.

    Closing on a Meeting

    I'd love to meet with you and learn more about what you do, are you free sometime next week? Preferably Monday morning or Tuesday afternoon if that suits you?

    • Emotional words like "love" create impact and show how interested you are, just to learn more about them. The sales process is all about the prospect and getting them to the "promise land" with your solution.
    • Narrow down their options to make it psychologically easier for them, but also leave it open to working around them if need be. That's polite.

    A better way to make sales scripts

    While scripts can boost your sales, conversations aren't linear. It can be difficult to work off of scripts on paper, because when you ask the prospect questions, the responses can vary. This is why I created SalesWolf.io, so no matter what direction the conversation takes, I can maintain control and work toward the goal.

    Conclusion

    To be a cold calling master, you need to be enthusiastic and deliberate in the words you speak, while engaging the prospect in a two-way communication. Being short, sharp and shiny is effective; don't beat around the bush. Keep the goal of the call in mind and never forget: people do business with people!

    TL;DR - simplicity, deliberate, short, sharp, shiny, script, questions, listen, close meeting and be an empathetic person

    If you want to make your '5 hour work week dream' a reality then check out my friend's reddit post.

    Let me know if you have any questions!

    submitted by /u/chiran1234
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    We went from idea to MVP in less than a week. So excited to have finally launched my startup!

    Posted: 02 Jul 2021 09:20 PM PDT

    As the title states, I finally launched my startup. It's been a crazy year of a lot of procrastination, and putting it off but it's finally here. I've had many ideas over the year, and one I was sitting on for quite some time.

    I ended up putting that start up to rest as I didn't have the knowledge or capability to continue it. It was hard but for the best.

    All of sudden with this startup, we went from idea to MVP in less than a week. For anyone interested, it's called Over Easy News. Business news made over easy with a side of knowledge. It's a newsletter that drops 3x a week that delivers easy to read business news all while teaching about business.

    I came up with the idea literally a week before launch. I brought it to my wife and asked her what do you like more news or education? She choose education and I responded, "ehhhh... I like news better." Sure enough later that night at work it hit me, "why don't I just do both!" And so that's what I did.

    I quickly builded the site couple days later and got it up and running. Articles are being written almost everyday now by me and its going great. We launched on product hunt yesterday. We did ok, better than I expected and are just happy to have launched! This sub has given me a tremendous amount of motivation over the years! :)

    My one advice to everyone is if you have an idea, make your MVP and launch!!! Do NOT wait!!!

    submitted by /u/dr7s
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    Cofounder not pulling weight

    Posted: 02 Jul 2021 11:46 PM PDT

    About six months ago good friend of mine told me COVID had put her business on complete pause, but even when things opened up she wasn't sure if she even wanted to go back to work in that industry as she was uninspired how and wanted to start a new company. She also told me countless times how much she wanted to start a business with me.

    About three months ago I approached her with a idea I was planning on bringing to life. After some thought on both sides we agreed to start the company together.

    In the beginning we worked full time, tirelessly and things have moved incredibly fast which is very exciting. We have self invested equally so far with plans of doing a round of friends and family funding next.

    She made a huge deal about wanting things in writing that we are 50/50 and even dug her heels in the sand when I wouldn't sign anything without a lawyer looking at it, saying she couldn't keep working on things without an agreement. Once I verbally agreed to a revised agreement, she never even moved forward with having us sign it. It was almost like she just wanted to hear me say we were 50/50 partners (I'm happy to be 50/50 with her as long as we are each doing close to the same amount of work). We still have no current written agreement.

    I have brought a lot to the table from the branding/logo/slogan/name (a name and brand I created and trademarked before I even started this project but haven't used for anything) to some great connections that have landed us an all star food scientist (we're a startup in the food industry) and relationships with some big grocers we want to be in.

    She has connected us with a great product designer but her value will really come into play once we start marketing (she's owned a brand awareness and experiential marketing company for over ten years and her relationships in the industry).

    Up until a couple of weeks ago we really were on a roll but she took on a ton of work from her old job without talking to me about it and now has less than half the time we were originally putting in, all of a sudden. I talked to her about my concerns of her lack of time and my worry that she's overextended herself and she agreed and said she wanted to find a solution because our new company is "a huge priority" for her. But nothing has changed and this week she barely worked on our company at all. I don't see an end in sight. She knows this is bothering me - a lot - but acts like nothing is wrong.

    I feel misled. She went from "I'm all in" to "I'm all in on my schedule". This is unfortunately happening right as we're really gaining traction. Her ideas and network are very valuable but there is no urgency on her end - all of a sudden- and I do not know what to do.

    I know this sub is a deep well of knowledge and I'd love to get any and all feedback.

    submitted by /u/rubyrae14
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    Land

    Posted: 02 Jul 2021 11:11 PM PDT

    Hi! I need a little advice on how to achieve my dreams and start my own farm/campsite. My grandad passed away recently and has left 300 acres of untamed land to one of his sons. The land has a shooting range, 2 ponds, pecan field and many fields for growing crops. His son, has no plans whatsoever for the land and lives in another state entirely. I grew up on this land and I am completely in love with it and would love to start growing crops, renting the gun range, inviting campers and putting hard work into this land. I know I could make a profit, but yearly taxes on it is around $90,000. I have brought up the idea to a few friends and they love the idea of living there and putting the work that needs to be done into the land. I'm just not sure how to get started… I've tried talking to my grandmother about what i feel I could do, but every time I do she says it's a bad plan. I think that she is only saying this because I am 18. What are some good ways I could get her to listen to me and trust me in taking on this high risk job? I understand the risks I am getting into, but I have $8,000 in my life savings to get things rolling plus the help from a couple of friends. My grandmother hasn't told me how much it would be to run the place monthly, but I know it's a lot. Are there any business loans or grants that somebody so young could qualify for?

    submitted by /u/baitingbonnie
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    Anyone willing to share experiences with paying for app development?

    Posted: 03 Jul 2021 12:28 AM PDT

    Hey folks, I'm trying to get an idea of what I can reasonably expect the process and price of app development by others to be like. I have some semi-thought-through ideas of widely different things, but I have no idea what kind of start capital I would need to get anything built - and thereby which idea to focus on

    So I was hoping some of you would be willing to share your experiences with getting apps developed by others, so I (and anyone else interested) can better understand what different app types can cost, from different sources.

    What I'm interested in:

    • What's the basic app concept? Looking to get an idea of the size and requirements of the app, here.

    • Where did you get it developed? Freelance, company, friends? And how many people were working on it, if you know?

    • How long did it take? (And what did you expect?)

    • What did it cost? (And what did you expect?)

    • Did you pay per hour of work, milestones or otherwise?

    • How was the quality of the result, compared to your expectations?

    • Would you recommend doing it the same way? Or would you recommend something else?

    Huge thanks in advance to anyone willing to share!

    submitted by /u/ahbork
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    Great Engineers

    Posted: 02 Jul 2021 04:35 PM PDT

    I've seen a lot of founders and VCs lately saying that it's currently incredibly difficult to find great engineers. But, I'm wondering what exactly they mean when they say great engineers. What is it that makes an engineer great for a start-up? Is it depth of knowledge, breadth of knowledge, knowledge of all things business as well as engineering, all of the above? Something not mentioned?

    I'm just genuinely curious so would love to hear what people think.

    submitted by /u/Breath_Specialist
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    Which is widely accepted Payments Service in the US & UK?

    Posted: 02 Jul 2021 11:28 PM PDT

    I'm creating a SaaS product and I'm on the last step to integrate a payment gateway. I want the users to trust our service and hence I want to use the payments service which they are already habitual to. Could you please drop some names? I'm aware of Stripe and Paypal

    submitted by /u/the_algo_trader_
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    How much equity should I give developer/cofounder?

    Posted: 03 Jul 2021 02:44 AM PDT

    I had an idea for a social media based startup and have designed the application, performed market research and developed about half of the website (a lot of functionality, I haven't even started on styling it). In the future I want to be in control of the marketing, raising investments and general management, so I am looking for a cofounder who would just assist me with building the web-app and in the future an android application.

    So how much equity should I offer a potential partner? Their role really is just to aid with development and I would handle all of the business aspects as well as performing at least 50% of the development.

    Thanks

    submitted by /u/Ambi-Phoenix1
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    How would you start this?

    Posted: 02 Jul 2021 09:04 PM PDT

    I want to create a multinational conglomerate to solve as many problems on this planet as possible. Especially the ones most deem to be- IMpossible.

    I need to raise capital; Trillions in fact. (One day money will be obsolete.)

    I want to find people who are of absolute passion to make Earth/life as close to perfection as possible, and whom of which are willing to risk their everything to do so.

    I keep thinking of starting smaller.. but that doesn't feel right to me. I believe it will be better for me to go big/shoot for the stars.

    I plan on "starting" by creating a YouTube channel, and building a following explaining my ideas and motivating the people. Then I will target all of the key players and investors in every industry. Literally paid ads addressed and directed personally to each individual or group. This will garner the attention and precedence that I think I will need. I want all eyes on this. I want everyone to be amazed, astonished, and in awe. I know there will be mass disbelief in the beginning.. I DO NOT CARE. WE WILL PREVAIL.

    I can motivate enough people to stop being divided, and to work together despite our differences.

    I can incentivize the largest companies in the world to join forces to enrich all.

    I need teams upon teams of people, and many entire businesses working together. If the technology isn't available for what needs to be accomplished, we will create a new business devoted to creating it. If governments "delay" us, we will lobby or use our massive world population to remind them that they are here for us, the people. We will even advance the systems governments use so that they may be of better service to us. If something unexpected comes up, we will get through it. Whatever problem may arise, we will conquer.

    My main goals are for there to be zero poverty, zero war, zero sickness, and zero death. Everyone to have a home/place to live. Everything to be free. Everyone to live in the future, better than billionaires do now.

    I believe we can achieve these goals, and I believe we will.

    How would you start to accomplish this?

    (I have more detailed plans. If you would like to help draft these plans, feel free to message me.)

    submitted by /u/Clinton-Elliot
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    Are there some risks in not incorporating MVP stage startup? Is it absolutely necessary, or can it be delayed? Need some advice.

    Posted: 03 Jul 2021 12:24 AM PDT

    Our startup is in the MVP stage and we're developing and testing our beta product. We don't really have any real users yet because the MVP is also not complete yet to be tried out by the public. My concern is regarding the legality of not incorporating soon. Me and my team have decided that we'll incorporate the company when we roll out the public beta, or when we have at least some real DAU.

    What if we don't incorporate our company right now? Can we be overtaken by someone else by them incorporating with the same name as ours before us? We are active on all social media so people know who we are. Our main product is also available on GitHub, is it something we should not put up before incorporating? What else do we need to consider before we take this step? Need some advice, thanks in advance 🙏🏼

    submitted by /u/911OpenUp
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    How to reach your target audience and get them on board

    Posted: 02 Jul 2021 08:16 PM PDT

    So I recently launched my first website and it's been doing great, I have users who interact with eachother and post (Community type website). The only problem is I think my overall traffic is a little low, I see communities on Reddit for example and wonder how they have so many members when I know I am offering lots of real value and in different ways. I know I shouldn't fall in love with my MVP since it's just meant to get data but do you have any advice for reaching a larger audience quickly and actually converting?

    submitted by /u/JSmith3406
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    We created a Social platform for Musicians where they can build their audience, monetize content and get Liv gigs, Also finding new Music and artist is super easy for users.

    Posted: 02 Jul 2021 10:24 PM PDT

    Warble is a Social Media for Musicians and their audience, where artists can build music portfolio, monetize content, get Live gigs, and users can engage and interact with their favourite artist/band, support them and even book them for live shows.

    we are looking for some initial users to make our products awesome.

    If you like what we are doing, you can sign up here 👇🏻

    https://www.warblemusic.xyz/

    Thank You ! Happy Jamming !!!

    P.S. :- I know alot of people might ask how are we different from this or that service for that we have a comparison section on our website, it can answer your questions but if you still have questions. feel free to drop in the comments

    submitted by /u/im_ayushtiwari
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    Wtf? Customer development, or build something YOU want?

    Posted: 02 Jul 2021 11:09 AM PDT

    Ok so to build a successful startup, you're going to have to make a product people want.

    But we don't know what people want, so the question becomes, "how can we find out what people want?"

    And there seem to be two prevailing answers:

    1. "Customer development" - just get outside the building and ask people what they want. Very reasonable.

    2. Scratch your own itch - solve a problem YOU have. From Paul Graham: "The very best startup ideas tend to have three things in common: they're something the founders themselves want, that they themselves can build, and that few others realize are worth doing. Microsoft, Apple, Yahoo, Google, and Facebook all began this way."

    These seem to be diametrically opposed approaches - customer development assumes that you have no answers, so you need to go ask people.

    The Paul Graham approach assumes that you have all the answers, and should just start building the stuff YOU want.

    Customer development feels like a smarter approach, yet Apple, Facebook, etc. were all started the other way - a solitary founder just building the thing he wanted.

    So… wtf? Why does customer development feel so reasonable yet the approach that appears to be most successful is the exact opposite?

    submitted by /u/jorgetheapocalypse
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    Starting a company but not a startup?

    Posted: 02 Jul 2021 11:47 AM PDT

    Hi all. I wanted to ask a simple question.

    I am starting my own business with a website, e-commerce store, product promoting, etc. However, there are no investors, no other employees, I'm doing all the shipping myself. Considering I am mostly reselling goods for now, I would imagine it doesn't come under the lines of being called a startup since startups are technically a new company designed to bring a new product or service to the market. I plan to make my own brand and sell online, but for now it is reselling. What kind of company would this be considered? It is not publicly traded, but I have created a domain and will also set up a website shop very soon. Is there a better way than just putting my store name LLC on my LinkedIn?

    Thanks.

    submitted by /u/JupitersHot
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    Hey, what's wrong?

    Posted: 02 Jul 2021 03:00 AM PDT

    This is /r/startups emotional support thread. There will be no problem-solving here, no judgement, no networking, no advice. We're here to be heard, be understood, and be told that it'll be okay, that whatever happens, we care. Still, be tactful and classy in how you vent your feelings and share your frustrations. Act in a mature manner. This is meant to be a safe place to support emotional and physical health and there is a zero tolerance policy in effect. Be kind. Please report any conduct that is in violation of that key tenet.

    Howdy there. Did you have a rough week? It's certainly been a rough year. Did you get in an argument? Have a problem? Tell me about it. What's wrong?

    submitted by /u/AutoModerator
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    How can I grow as a founder?

    Posted: 02 Jul 2021 02:41 AM PDT

    Hey, community. I need your help. I'm looking for advice on personal development. I've reached that stage when I feel I need extra training, especially on public speaking, leadership and negotiation skills.

    Overall, I think I'm pretty confident and articulate, but as I'm not a native English speaker, I sometimes find it hard to convince people about my ideas and get them on my side. I think I need professional help to tell me where my problems are, what needs to go, and what I need to improve on.

    What would you recommend to me? Maybe someone has been in my shoes and can recommend something? An online course, personal coach, part-time education course, books, whatever. Thanks.

    submitted by /u/MartinsMillers
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    Advertising for CBD business?

    Posted: 02 Jul 2021 08:44 AM PDT

    I was looking to see if anyone knew any sites that allow the advertising of CBD products. I have a small website and i am trying to grow but it seems impossible with all of the restrictions that google and facebook having restrictions on CBD advertising even though it's completely 100% legal where I live (the UK) [Site in question](Hemp-life.org) Hemp-life.org

    submitted by /u/Frosty_Trader
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