Should I sell my website? (Help with evaluation!) Entrepreneur |
- Should I sell my website? (Help with evaluation!)
- Well, Gary Vee wasn’t wrong.
- 15y/o looking for ways to make $
- Question: Start-ups that turned into a company town
- Paper printing and toner industry
- Is it likely that "Liveleak" was a profitable website?
- What is the hardest part about being an entrepreneur?
- When do you know if the idea is worth trying?
- My requirements for a business
- Looking to buy a website that generate some income but improve contents overtime. Never done this and do not know much of it.
- How do you stay keep calm in a bad situation as a start-up founder or entrepreneur?
- For those of you in the business world, what is you life like?
- Channels to find sellers of land in Europe
- Is buying businesses a good strategy?
- How do you refer to your business in the business plan?
- Need advice
- Looking for wholesale distributors
- Has anyone read the book Superfans by Patt Flynn?
- Looking for an upwork alternative that has time tracking and Screen tracking
- Mobile car wash business - anyone have experience with that industry?
- Equity vs debt funding
- How do you manage your employees?
- A thread to share business models that you find interesting. (share your knowledge and let everyone benefit)
| Should I sell my website? (Help with evaluation!) Posted: 19 Sep 2021 02:53 AM PDT Hi Reddit, I decided to list my website on Flippa.com, a website selling marketplace. Yesterday I got an offer of 13000 USD from a serious website buying company. My website makes an average of 500 USD a month, therefore the offer is a 26x times monthly profit multiplier. The website is running in its current form for about 1.5 years, and is about 1.8 years old. I don't plan on improving the website further, I want to leave it running as is. Therefore selling it could be a better exit strategy. Are there any people that have experience with website valuation? Is this a good offer? Any advice would be highly appreciated! Thanks! [link] [comments]  |
| Posted: 19 Sep 2021 07:42 AM PDT went garage sailing yesterday. I spent 5 dollars on a framed poster that I had a gut feeling about, and managed to flip it, next day for $250. I also bought some beer Steins from a separate garage sale that I'm working on selling now I also bought those without looking at prices for $50, I bought seven of them. Most of them aren't worth more than 25 a piece but I do have one that's worth $200 that I'm trying to get rid of currently. 🤙🏻 [link] [comments]  |
| 15y/o looking for ways to make $ Posted: 19 Sep 2021 01:49 PM PDT I'm 15 can't drive and no one in my area wants me to mow lawns paint curbs etc.., ( I have already tried) I had a job at Burger King but after 4 months I realized it wasn't worth my time and quit. I have tried drop shipping on Shopify and ended making some money but reinvested it into adds and ended at a break even. I don't know what to do now, any ideas? TL;DR Kid looking for hustles, ideas? [link] [comments]  |
| Question: Start-ups that turned into a company town Posted: 19 Sep 2021 09:20 AM PDT Hello! Hope this is the right place for this question. I've been thinking company towns and how, in the 20th-century, business owners would try to build a municipality for their workers from scratch (like Hershey in Pennsylvania), and how this has now shifted to (mostly tech) companies building corporate campuses, closed off from the wider community. From this, I'm wondering if anyone knows of any start-ups that have set up shop in a small village or town, and then grown, attracting more people to the town, becoming its defacto employer, and creating a new "company town" of sorts. Any thoughts or tips for places that fit this bill would be appreciated! Cheers! [link] [comments]  |
| Paper printing and toner industry Posted: 19 Sep 2021 02:08 PM PDT Hello guys. I am planning to start a business with OEM toners and consumables for the printing industry. However, i am afraid that the paper industry is in decline and almost obsolete, with all the digitalization movement going on. Still, i live in a 3'rd world country where paper is still king but my fear is that it will take some years to get it off the ground and going and after that paper and printing will be obsolete. I am aiming here for the long run, at least 5-10 years. I plan on starting a bussiness in the electric vehicle industry and don't know if all my focus should be here or to run a side business with the OEM toners. May i mention that i work in the printing and servicing printers field and i know alot of suppliers, all the angles, etc. What's your opinion? [link] [comments]  |
| Is it likely that "Liveleak" was a profitable website? Posted: 19 Sep 2021 10:12 AM PDT I have read online that running a video hosting site is not only very expensive and time consuming but also, unlikely to turn a profit. So I'm wondering why multiple developers worked for 14+ years running this site, dealing with the legality issues it faced, and needing to hide (most of) their identities. Did these guys just believe that hard in the free exchange of news-based footage or do you think they were actually turning a profit before the site closed down indefinitely? [link] [comments]  |
| What is the hardest part about being an entrepreneur? Posted: 19 Sep 2021 11:35 AM PDT |
| When do you know if the idea is worth trying? Posted: 19 Sep 2021 01:44 PM PDT Are You doing excel sheets with markets, similar apps/services, customers, monetization plan, do You build schedule or something? When do you know if this idea is the one worth of your time? My story: I've build price comparison website for games and is online for 1.5 year now. But month ago it occurred to me, that this doesn't have sense. Money is too low to follow this idea. I did my research, market, customers etc. I did money calculation but not sure why I thought that it is "OK" back then. I'm thinking about new ideas but I'm too afraid of failing. What are yours frameworks to validate ideas? PS. Sorry for my English. [link] [comments]  |
| My requirements for a business Posted: 19 Sep 2021 01:40 AM PDT Hi guys, I've looked around, including one this sub, and I see the problem faced by a number of entrepreneurs. I've done some analysis on these problems and grouped them accordingly. This has allowed me to come up with a list of some traits that I'd be looking for in any business that I start up. I'd like to get your feedback on these points and let me know if I'm issuing any. Also, I want to know if you can think of businesses that meet all ro some of these categories
Any thoughts? [link] [comments]  |
| Posted: 19 Sep 2021 08:25 AM PDT What does it take and what are the steps? Will it be profitable hiring someone oversea to maintain? Any tips? Love to look into a side hustle to support family. [link] [comments]  |
| How do you stay keep calm in a bad situation as a start-up founder or entrepreneur? Posted: 19 Sep 2021 09:31 AM PDT Hello, I am two times failed startup co-founder. Presently working in 9-5 job. When I was in a startup I always lost control of my thought, got tensed, or got angry because of any unexpected unfavorable situation. And sometimes I behaved very badly with my colleagues or employees that should not be done in any corporate culture. I always said sorry after that, but until then damage has been done. So, I really want to know how do you deal with bad situations mentally. Thank you. [link] [comments]  |
| For those of you in the business world, what is you life like? Posted: 19 Sep 2021 11:55 AM PDT This will probably sound really shallow, but the whole idea of wearing a suit to work, a nice watch and living in a big city has always appealed to me. However, I can't wrap my head around microeconomics and am afraid I won't be able to understand business. For those of you in the business industry, what's the best way to comprehend business and what is your life like. If you dont mind me asking. [link] [comments]  |
| Channels to find sellers of land in Europe Posted: 19 Sep 2021 11:14 AM PDT Hi, Has anyone here got experience with purchasing farm land in Europe? Would love to know where to start in terms of identifying and approaching sellers etc. Seen a couple websites (eurofarms for example) but offering seems quite sparse compared to what I expected. [link] [comments]  |
| Is buying businesses a good strategy? Posted: 19 Sep 2021 11:04 AM PDT I've started a brand in the skincare & beauty niche a few years ago and it's been doing very well and I'm planning to launch several other brands. Would starting a new brand from scratch or buying an existing business be better? [link] [comments]  |
| How do you refer to your business in the business plan? Posted: 19 Sep 2021 06:53 AM PDT I've got a decent outline of my business plan and now I'm just trying to "formalize" it into actual paragraphs. It seems like a tiny detail but I keep getting stuck on what pronouns to use (we or I or it or they, etc). I've read a bunch of sample plans and I've seen it a bunch of ways so maybe there isn't really a proper answer. But I also don't know if it depends on the specific structure. The company is a single member LLC, but does it matter if it's written in first or third person? Should I refer to the company as it's own entity (it plans to, it's products, or maybe their products) or to myself since it's just me doing everything (my mission, my products) or is an LLC plural regardless of how many members (our mission, our products)? None of those really feel natural, and maybe it doesn't matter, but I figured there's some general accepted guidelines for these things. [link] [comments]  |
| Posted: 19 Sep 2021 01:53 PM PDT What advice would you give new small business owner on staying strong during this troubling time? [link] [comments]  |
| Looking for wholesale distributors Posted: 19 Sep 2021 09:56 AM PDT I'm manufacturing a collectible gift. I'd like for it to be sold in many airport gift shops across the country. Do you recommend any distributors? [link] [comments]  |
| Has anyone read the book Superfans by Patt Flynn? Posted: 19 Sep 2021 07:34 AM PDT My friend recommended this book to me since I'm building a community in finance. But before starting i tried looking up some reviews of the book and couldn't find much. I don't trust Goodreads now a days and hence tried searching on reddit. Still couldn't find much. Let me know if you folks found the book useful! [link] [comments]  |
| Looking for an upwork alternative that has time tracking and Screen tracking Posted: 19 Sep 2021 12:51 PM PDT I have a person I know personally who I would like to hire through upwork so they can work from home and assist me. Unfortunately it looks like upwork is limiting who they accept as Freelancers. Is there an alternate that does screenshots and is similar to upwork that I could point my future contractor to? I can't set up a remote machine because some of their work will be with audio / video / graphics software. [link] [comments]  |
| Mobile car wash business - anyone have experience with that industry? Posted: 19 Sep 2021 04:41 AM PDT I recently started using the services of a young guy doing mobile car washes in my area. Seems like a good opportunity to invest or to start a small business but I was wondering if anyone has had any experience with that? [link] [comments]  |
| Posted: 19 Sep 2021 01:24 AM PDT Hi, I've got an early stage startup (saas). I need to take it to the next level and hire some developers and get someone to help me with marketing. Long story short, I'm potentially in a position to obtain some outside investment- $150k, giving away 10%, through a VC who also provide 5 month accelerator program (and access to another 500k within 18 months (*if startup does well). I've also got access to debt funding using redrawal from mortgage, to the tune of $70-80k, interest rates are very low). I'm not sure if I should go the route of using the personal debt, or use external investment. The external funding would definitely make life easier and put us in a position to do more, while paying my cofounders and I a below minimum wage. I'm a little scared to use the debt right now because of a past failed business, plus we won't draw a wage and hire cheap. But I also know it'll save us from diluting too early, getting more traction, and if goes well will let us raise a larger round next year. If it goes belly up, then it will hurt, but won't be the end of the world... I'd just get a job and start paying the debt back off. I'd love to get some opinions and advice. What would you do? Context: we're pre revenue, only a handful of paying users. Been building for 9 months, have traction from seo and am fairly confident we can ramp up user acquisition. Not too confident that we can retain them as product still needs more work (conversion rates are too low) - hence I'd like to speed up dev. [link] [comments]  |
| How do you manage your employees? Posted: 19 Sep 2021 05:07 AM PDT So, when I took small team communication class, it was all about the win-win. It was about managing conflict with various communication algorithms. Then, I became a supervisor at a janitor company. We payed bottom dollar for bottom tier employees. I watched the churn go crazy until they made me a supervisor. Then, all I did was tell these guys how to succeed. I asked them how we might do better when problems came up, and it all worked out. It turned out that just teaching people how to do their jobs, listening to their needs, and finding the win-win is kind of all it takes to not have insane churn. No other supervisor did that for some reason. Then, when I talked to my higher-ups or sat in the supervisor meetings, they went on and on about how their employees had nothing but excuses. Their approach was to just sit in a meeting. Surround the poor worker who was failing at their job with all the supervisors. Ask them if they will commit to impossible xyz, of course they would under such intimidating circumstances. The commitment was written down on paper, and when the employee didn't make it, they were fired. Or sometimes, management just used that intimidation tactic, and even if the employee failed to meet their goal, they were considered good enough. So, then I go to r/manager, and I find that a lot of the advise is just, "fire them, write them up, It's not your job to be their friend and hold their hand," kind of stuff. I get that there isn't always a win-win. I get that the bottom line is to make profits. However, it seems like there is a way to manage employees in a nice way. Hard on problems, soft on people. However, the commonality of managers choosing the hard way makes me question myself. How do you manage employees? How do you manage the culture? How do you manage lazy employees? How do you manage employees who cannot do their job? How do you manage employees who fight with each other? [link] [comments]  |
| Posted: 19 Sep 2021 05:05 AM PDT Can we make a thread for business models that you find interesting? No need to go through the technical stuff. Just 'ELI5' it to every (make it easy to read). Rules: 1- it doesn't matter if it is an old or new company 2- post your business model in a separate comment (do not replay to a business model with another BM unless you want to add extra info to the posted BM) 3- if you have more than a BMs share them separately in separate comments. [link] [comments]  |
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