Something I notice about so called "Entrepreneurs" Entrepreneur |
- Something I notice about so called "Entrepreneurs"
- I‘ve failed once at a startup spending about 2,5 years full time on it. How do you guys hedge your bets to still derive some tangible value out of failed endeavors?
- What business did you fail at and why?
- Wondering if there is a remote desktop service that can be used for Mining Crypto?
- Need advice on potential partnership with a Coffee Truck startup
- Copying the successful client
- How do start ups decide what their product or service is?
- How to get in touch with peofessional/luxury haircare brands? Is it possible to buy directly from them?
- Social media question
- Closing a business. Is bankruptcy the only option?
- Digital marketing for a fashion biz
- How company avoid sale tax when sell stuff online
- How I got that winning product and made sales from my e-com business.
- Well I decided I'm done and completely selling my business.
- Mental health during Covid
- Seek of the accounting part of the business
- How can I start a parking lot business
- Investor wanted for licensed online installment loan business.
- Networking on ig; industrial sector or others
- How does a well off mid-20 year business owner meet friends / women without a “solid” workplace?
- For 5-, 6-, 7-, & 8-figure online business owners
- Is offering a highly prestige service to Covid-stricken companies viable in the current economic situation?
- Lack of entrepreneurship platforms?
- Sunday Rant about why this sub sux - get it out of your system! - August 01, 2021
| Something I notice about so called "Entrepreneurs" Posted: 01 Aug 2021 01:22 PM PDT First and foremost, I would like to make it clear that I am not bashing on real entrepreneurs with real businesses and a clear head. I myself am a business owner and an entrepreneur. However, I feel like in a lot of online communities with "entrepreneurs", there are a lot of people who are mental masturbators who haven't actually done anything. Most of these mental masturbators think attending university is worthless and proceed to lecture about "hustling" "grinding" etc without actually knowing much themselves. They are no different than the corporate drones they like to make fun of. Anyways, enough of ranting. I seriously believe entrepreneurship is like any other skill or a video game. The more you try and do, the more you learn, but it would be hell of a lot easier if you read the instruction manual / guide before doing something. Things are not that black and white... You can't expect a single mother of 2 to suddenly quit her job and start "hustling" or "grinding" on her business. Every situation is unique.
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| Posted: 01 Aug 2021 04:31 AM PDT I have plenty of ideas and also enough cash on the side to build new stuff and I really want to. But I'm in the constant fear that I will never build something of tangible value and will be much older at that time not having a career and not really being respected for anything or not feeling at piece with what I'm doing. Just not being at a place where I feel I have „arrived", if you know what I mean. I think by hedging my bets maybe there can be strategies to build value even when failing, do you have any inputs on that? I thought for example about building a followership along the way tweeting about whatever I'm working on. Even when failing I'd still have some followers which can help with all sorts of stuff. But there must be other ideas? [link] [comments]  |
| What business did you fail at and why? Posted: 01 Aug 2021 12:00 PM PDT |
| Wondering if there is a remote desktop service that can be used for Mining Crypto? Posted: 01 Aug 2021 01:46 PM PDT Hi guys, I have a question. It is maybe wishful thinking but I'm wondering if there are any services online where you can pay to use someone's desktop remotely to mine Crypto. I was just thinking as my nephew uses something called Shadow Cloud (I think it's called). He pays £15 a month and he can play all the newest PC games even on a crappy PC by remote connection. I said to him about using it for mining but apparently, it is against the company T+C's. I said to him to forget about it I get where the company is coming from but I was wondering if there is another service that allows this. I was thinking of mining something like Piratechain, Dogecoin or Zcash - I know that Bitcoin is like the worst thing to mine but I'm thinking some of these others might be a bit friendlier to mine on someone elses hardware. Any suggestions please - I am all ears. [link] [comments]  |
| Need advice on potential partnership with a Coffee Truck startup Posted: 01 Aug 2021 09:56 AM PDT I have always wanted to be a entrepreneur and a business owner and I now have the opportunity to start up a coffee truck with a "partner". He has offered to pay for all of the start up cost and all I will be responsible for is the inventory and gas. My equity will be earned by running the operation and the terms of the deal are a 50/50 ownership in the company and a 50/50 split on net revenue. I will be responsible for all of the work and the partners 50% take will be used to pay off the truck. Once paid off I will have the option to buy him out for 10k. I have never done a sweat equity partnership before and I have no idea if these terms are fair or not. I have several concerns mainly that my net profit portion will be very small until truck is paid off and that once it is I still have to pay my partner 10k to own the truck. I am really starting to think getting a small business loan would be a better deal, seeing as I won't have to make 50% net revenue payments on the loan. So yeah any advice would be much appreciated. Should I run from this deal and just try to get a loan and start it myself. [link] [comments]  |
| Posted: 01 Aug 2021 12:01 PM PDT I see that in a lot of businesses entrepreneurs have clients who make a lot of money off mainly what the entrepreneur delivers to that client. This pushes many entrepreneurs to copy the client and do something similar. E.g. Construction companies become developers, farmers starting grocery businesses, trucking companies getting in trading, etc. Even the other way around, where you copy your supplier. What client would you like to copy? Who made a similar move and failed/succeeded? [link] [comments]  |
| How do start ups decide what their product or service is? Posted: 01 Aug 2021 10:09 AM PDT My father had a successful business installing windows in high risers in cities. I really look at him like my inspiration for getting into the business world but I just don't know what I'm good at or what people want, how does someone find their start up idea? [link] [comments]  |
| Posted: 01 Aug 2021 01:41 PM PDT Sorry if this is a super obvious and stupid question but Im just getting started. [link] [comments]  |
| Posted: 01 Aug 2021 01:23 PM PDT Hello beautiful people I recently started my own online business and am curious about what is appropriate for business on social media platforms. Specially I want to know when someone follows my business is it rude to not follow back? [link] [comments]  |
| Closing a business. Is bankruptcy the only option? Posted: 01 Aug 2021 01:00 PM PDT Closing a running business with ongoing projects and business obligations of different sorts. Switching to regular job will not cover the current business obligations, is bankruptcy the only way? Selling it is not an option. [link] [comments]  |
| Digital marketing for a fashion biz Posted: 01 Aug 2021 12:56 PM PDT I am running an ecom startup in the fashion sector (selling own brand goods). In the coming months I will be looking to hire a digital marketing specialist. This hire will be make or break for the biz and I am looking for some help in understanding what I should be looking for to get this right. During the pilot stage of this company I did google and facebook ads myself with good success and I understand the basics of SEO, but that's as far as my experience goes. Can anyone who works in the field give me a little insight into how a digital marketing department works in a small company or where can I learn more? Adspend will be in the 10-20k a month range if that matters. Brand is aspiring to be similar to something like https://www.allbirds.com/ Does anyone know how their marketing department would be set up? Thanks! [link] [comments]  |
| How company avoid sale tax when sell stuff online Posted: 01 Aug 2021 12:49 PM PDT The company I work for has 2 warehouses,a storefront and 3 office in Los Angeles but everything they sell on Shopify they don't collect any sales tax from customers in the same state .CA How do they avoiding charge the sale tax for the same state?? I wanna know so when I open up my own store I don't have to deal with the sale tax stuff I do social media marketing for them so I have full permissions for the store if you wonder how I know they didn't charge tax on Shopify store 😂 [link] [comments]  |
| How I got that winning product and made sales from my e-com business. Posted: 01 Aug 2021 12:47 PM PDT Hey everyone! I run an e-commerce store/shopify store, started few months ago. I spent good money on FB ads and it brought traffic to my stores which was good. But unfortunately the traffic didn't make sales and when I was getting it advertised and all. I realized it must've been something with the store obviously. So I watched this video. https://youtu.be/4inBki-AXS0 It helped make my site better and now I got some sales. But a few weeks later the sales stopped coming in. I wondered why? Why was it not working like I optimized my website and even had a good conversion rate. That video helped me get the sales and make a profit. Later though, I realized my website was well optimized. The website isn't the case. It's my product. My product wasn't a good niche to be in. It wasn't a long term product, and it wasn't something that would obviously bring me sales for a long time and it wasn't future proof. So I realized I needed to find a good niche. So I went on YT and I found a great video on how to make sure your niche is good and how to find a winning product and it worked!!! I found a great winning product and a niche. Made my store a one product page also. If you'd like the link to those YT videos here it is. Hope this helps! [link] [comments]  |
| Well I decided I'm done and completely selling my business. Posted: 01 Aug 2021 12:35 PM PDT I'm tired of trying to rebuild t so this week I'm posting everything from the shop, the property and even he company vehicle I bought and selling it all. I decided that the money I generate isn't worth rebuilding. I'll spend j time better just concentrating on my portion of my wife's food truck. Except for some gunsmithing , twice a year I'll set up a both at a venue to peddle some wares tat I find in the corners of the internet. Other than that I'm done. I have had no time to myself this summer and it's just getting old. Time to move on to the next chapter. [link] [comments]  |
| Posted: 01 Aug 2021 03:46 AM PDT How are you guys keeping your mental health in good shape during this never ending lockdown? I feel like in prison and everything outside is so boring... It is driving me crazy and my anxiety is creeping up on me. [link] [comments]  |
| Seek of the accounting part of the business Posted: 01 Aug 2021 12:14 PM PDT "Sick" - correction to the title. Small business,can not afford expensive accounting and bookkeeping services, but I am sick to my stomach dealing myself personally with accounting, regulations, taxes and mandatory paperwork and filings of what regularly required from a business. HOW DO YOU GUYS DO IT?? I often see a fresh entrepreneur post how he started and doing business, not a word about how he handles the required by law part of business with workers comp and multiple taxes. How is it usually done, so you only concentrate on business and not risking to be behind regulations required by law? .. as I mention before I understand a CPA handling w2s, local and fed taxes and required filings can be $500/ month, the business can not afford it yet. [link] [comments]  |
| How can I start a parking lot business Posted: 01 Aug 2021 06:06 AM PDT There's a empty parking lot around my area that I been thinking of making a business out of. They have a few restaurants around the area as well as a park and a club so I think it may make some decent money. Also there is very limited parking around the area. So my question is what do I need to start a parking lot business and how do I go about it. Can anyone with experience point me in the right direction, thank you. [link] [comments]  |
| Investor wanted for licensed online installment loan business. Posted: 01 Aug 2021 11:50 AM PDT I'm looking for a US based investor or partner to help grow and expand my online lending business. I do high interest installment loans in one state and plan to expand to more states if I can raise capital. Everything has been set up and I have been in business for over 1 year. I can offer a unique loan servicing investment, promissory notes, or possibly an equity deal to the right investor. I can accept small or large investments, if interested please message me for more private details or drop a comment. Thanks [link] [comments]  |
| Networking on ig; industrial sector or others Posted: 01 Aug 2021 11:44 AM PDT Hi! I would love to connect with fellow business accounts, I'm trying to grow my business page on insta (industrial/chemical business). If anyone is interested in networking or interacting, pm for ig. Also if many people reply to this, we can create a group chat on insta for interactions/connecting :) Feel free to pm! [link] [comments]  |
| How does a well off mid-20 year business owner meet friends / women without a “solid” workplace? Posted: 01 Aug 2021 11:44 AM PDT Most people my age can relate to their peers, and many of them have a common-workplace to do so. How does a successful mid-20 year old relate to other people with a wildly different career path that results in less commonalities? [link] [comments]  |
| For 5-, 6-, 7-, & 8-figure online business owners Posted: 31 Jul 2021 10:09 PM PDT If you had to attribute ONE SKILL... That's critical for scaling your online business to each revenue threshold… what would they be?
In the past seven years... I've scaled three online businesses to 6-figures (two in ecom/current project with digital products) and one to 7-figures (ecom). At this point in my journey, I know what I know, I know what I don't know, and I don't know what I don't know… and my ignorance invites every ounce of wisdom from your felt experiences. [link] [comments]  |
| Posted: 01 Aug 2021 09:49 AM PDT So, here's the gist of it. I'm thinking of starting a private event/contractual valet parking and temporary event parking hosting business. Seems simple so far, but I'm worried about the current economic situation in the event/hospitality sector, and because of the fact that valet parking does NOT exist in my country here in Europe. It's only offered in 2 hotels, and valet parking is one of the most - in the eyes of an average business owner after a rough year - frivolous monthly expenses. After completing my business plan, making a website etc. etc., I'm just in a bit of a rut, the potential market is extremely hard to define. I'm having a case of cold feet before taking the plunge. How would you go about entering an untapped luxury market niche in the hospitality industry? [link] [comments]  |
| Lack of entrepreneurship platforms? Posted: 01 Aug 2021 05:54 AM PDT Hello everyone, As an entrepreneur, I've been dealing with some difficulties with finding platforms or even mobile apps that connect entrepreneurs with angels or even entrepreneurs with entrepreneurs. Do you guys know any platform that makes it easier? Thank you in advance. [link] [comments]  |
| Sunday Rant about why this sub sux - get it out of your system! - August 01, 2021 Posted: 01 Aug 2021 02:00 AM PDT Here's your chance to rant about how much this subreddit sux. Lets try to contain it to a single weekly thread - here. We're going to start removing any individual posts - because they're becoming quite meta, but it's only fair to have a regular place for constructive criticism. To be clear, no personal attacks will be tolerated here either - but feel free to use this post as a subreddit punching bag/soap box, and tell the mods what a terrible job we're doing. Also if you want to be a moderator/future punching bag, self-nominate with a post here. You must have contributed to this sub for at least 4 years (show us a 4 year old post, comments, etc). You must also be active on the sub in the last 3 months (comments or new submissions.). [link] [comments]  |
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