The Full-Stack Freelancer: 7 principles for working as a generalist Entrepreneur |
- The Full-Stack Freelancer: 7 principles for working as a generalist
- Worked 96 hours per week on the project that eventually failed.
- How to pitch to mom&pop / small chain stores.
- Expanding my Mushroom Farm
- What's your one wish as an entrepreneur?
- Dealing with competitor
- Novice Book/Literature Recomendation
- Help me build my bussines idea
- What is stopping you to hire your first VP of Sales?
- hey guys, do you guys always write a business plan when you have a business idea?
- Seeking Advice for Determining Desired Profit Margin
- Subscription and license management software
- Where to start
- I am 20 years old and want to expand my Fathers 15 year old paver/flooring contractor Business
- Preparing my self for Entrepreneurship advice
- Any entrepreneurs that work in the movie business making movies?
- From Side-Gig to 100 Thousand Users and $250 Million Dollars Exchanged: Shane Stevenson on Starting Melbourne, Australia Based Cryptocurrency Exchange Cointree
- Which Canadian bank to choose for a business account?
- Working on going in a new direction for my business
- Know the skills or get the right people
- Small Business Funding
- Buying out partner's share
- Website Content Questions
| The Full-Stack Freelancer: 7 principles for working as a generalist Posted: 11 Sep 2021 06:22 AM PDT After optimizing my work-life for a decade, this is my favorite way to function as a generalist who likes to work on many projects, diversify my income, and learn new things all the time. The Full-Stack Freelancer approach isn't traditional freelancing, neither being an entrepreneur or employee. It combines all of them into a framework for choosing projects based on whatever best fits your needs and personality right now. The goal is to turn work into a source of financial freedom, everyday enjoyment, and an opportunity to make the world a little better. These are the 7 principles:
I recently wrote an article with specific examples, stories, and illustrations from my work-life as a Full-Stack Freelancer. Although, you don't have to identify yourself as a Full-Stack Freelancer to use these principles to your advantage. They just provide a framework for thinking about how to be more productive and make a difference with whatever you do. Let me know what you think. [link] [comments]  |
| Worked 96 hours per week on the project that eventually failed. Posted: 11 Sep 2021 08:19 AM PDT Here is how it feels when you have been working on a project for 90+ hours every week for 3 months and...it fails Passion I started working on a project called Orion - A hyperlocal live group chatting app where you can chat with random people within 5 miles of radius. I learnt Flutter just to paint all the ideas that I had in my mind and I started with this idea. It took me around 3 months to create the MVP because I was noob in Firebase and State Management too, so had to learn Firebase & code frontend both alongside. I was super passionate, knew that this was gonna fly super high...it didn't. A big mistake I made here was I started with product development rather than strategizing & validating the idea. After 3 months, the MVP is ready and ready to be pushed to stores. It's live and... Growth Startup = Growth. You don't need to make revenue necessarily but you need to grow. We got around 80 users completely organic by doing some unethical tactics on fakebook within a week, and yes got banned many times. I didn't have any way of collecting feedback from users, I thought I created this super awesome app so they definitely gonna like it, well they didn't give a sh*t about it. Those users joined the platform and left the platform the same day and never came. One of them, however, came and said it's a crappy product filled with nobody. I should have thought about things like critical mass, or developing ancillary benefits to make them stay for another reason. So it was empty, 2 months passed since launch and it was empty like new. Oh I didn't do any marketing because I didn't have enough savings to do fakebook Ads, whatever I had I put that into server maintenance. Fall It never rose...BTW. I saw it falling when those users didn't come on the second day. I did get some investors' interest, somehow we couldn't close the deal, ofc traction matters. I really don't have enough to say here cause startups don't die they just fade away and it might be still there never checked though. I, somehow, failed to maintain the critical mass of the user base that was necessary to make the thread among users and that could be one of the reasons it failed. One thing that I wanna point out is Work Backwards and Churn is a Cancer, figure out before it kills your project. I did everything wrong by working forward, didn't have a plan of execution, didn't know how to sustain a critical user base, didn't know how to get feedback and iterate, didn't talk with users at all. It was like a newly built ship with many holes, there is no reason it could float...and I worked like crazy. I will give away the code if anybody wants to experiment with that. Lessons learnt...onto my next project. If anyone wants to join, feel free to DM me. Thanks. UPDATE : Great responses from amazing people here. I am also available right now, so if you need some help / hire feel free to reach out. [link] [comments]  |
| How to pitch to mom&pop / small chain stores. Posted: 11 Sep 2021 09:53 AM PDT Hi there, I am in the works in developing a food based product and am wondering, how do you pitch a product to mom and pop / small chain stores for them to carry? Thank you! [link] [comments]  |
| Posted: 10 Sep 2021 11:52 PM PDT Hey team! I am rebuilding my mushroom farm bigger and better, and was to share with you my journey so far. 2 years ago I posted to this sub about quitting my job as a cop and starting a mushroom farmhttps://www.reddit.com/r/Entrepreneur/comments/e8mtcr/i_quit_12_years_of_government_work_to_start_a/around 9 months after this i did an update, for those interestedhttps://www.reddit.com/r/Entrepreneur/comments/iytro7/remember_that_cop_who_quit_his_job_to_farm/ Anyway, I am back! and we get getting bigger! I really enjoy the entrepreneur subreddit, and it's something I will open each night in bed have have a quick browse. There are a lot of people with some really great skills and knowledge here, and it can be a true asset for entrepreneurs. Occasionally you stumble across some Sun Tsu quality wisdom. Keep it up! My history TLDR My Farm is located in Christchurch, New Zealand. The last year Production on the farm Expansion of the farm I am working between two farms right now, as we still have the facility going at the other house. I spent today (Saturday) epoxying the floor of the new farm. There's a lot of pressure working between two farms, additionally I am doing almost everything myself to save on costs. Production Goals Digital Goals YouTube Goals I am currently creating videos about everything I do to expand the farm. I get a lot of people from around the world contact me regarding their mushroom farms. I think starting small scale mushroom farms has become quite trendy, so more people are doing. People gotta eat! If you are interested in seeing the new farm checkout one of my recent YouTube videos here My channel here Biggest lessons
The hardest lesson Summary If you have any questions about small scale farming please fire away! I will try and answer everything.. [link] [comments]  |
| What's your one wish as an entrepreneur? Posted: 11 Sep 2021 12:42 PM PDT |
| Posted: 10 Sep 2021 04:41 PM PDT Hi there, recently I've been developing and preparing to launch a business on a food based product. I thought that I was the first one to this idea/product. However I recently discovered there is one company doing it. It definitely has effected my mentality/ attitude towards it. They are the only one and they are relatively new as well. Any advice on dealing with competitors in this space or just in general. [link] [comments]  |
| Novice Book/Literature Recomendation Posted: 11 Sep 2021 07:01 AM PDT Hey People, I am looking for some books/literature/courses to help me manage operation, maintenance and supply of my products. Or anything that may contribute to my responsabilities and skills. Engineering, Management, Financial, Marketing, Supply and Logistics or other themes that envelopes the running of a company. I have googled and found some books but I believe it would be best to ask people already working as entrepreneurs for that. I am open to any advice and suggestions. Thanks in advance. Background: I am about to start production of Pulp Molded products (trays and bowls mostly). I work as a mechanical engineer/supervisor, I have built and currently testing my custom production line to convert sugarcane bagasse(agricultural waste) to usable single use pulp products over the last 10months. I am the sole owner of the company and starting from scratch and currently working alone. I plan to employe two or more people at first to operate the machines and perfom some deliveries. Also, I am planning to do an MBA course next year. [link] [comments]  |
| Help me build my bussines idea Posted: 11 Sep 2021 12:02 PM PDT Clarification: my english is not very that good. I know how to buy ANYTHING with debit card with 10% discount. I have done this the past few months, here in the US, and I just realized that I could make a bussines out of it. The thing is that that I don´t know how to start it. The concept of the bussines would be that I offer 5% discount to my clients, and I could get the restant 5% (or 7% / 3%). I don´t know how I could offer this service legally being the case that they need to have a debit card with a foreign bank with which they could have the 5% discount. I mean, this bank opens bank account online with no problem, but... is there a way for me to open and manage them a bank account if they accept some kind of Terms and Conditions? What I am thinking and I need to know if it would be possible is: I would send them a debit card of my Company that they can use to have the 5% discount but behind that I am going to be managing (with their consent) a foreign bank account. They could fund the Company Debit Card by transfering to my Company Local Bank Account, and they would see a reflection of 5% increase in their deposit (5% "discount"). They would be able only to spend this money, they can´t withdraw it. Is this project possible to do? I see a lot of potential on it, fking 5% discount on EVERYTHING, who ever has offered that? but I am needing some help to make it legally applicable. Hope it was understandable, the concept of how to get the 10% discount is not easy to explain, if it were easy people should be doing it by now, I think I have a millionaire idea here. [link] [comments]  |
| What is stopping you to hire your first VP of Sales? Posted: 11 Sep 2021 05:13 AM PDT As a founder and entrepreneur, part of the scale plan is to expand sales and hiring and building a sales team. VP of Sales can do this for you if you you hire the RIGHT person. Let's discuss here that who can be your right first VP of Sales . . . [link] [comments]  |
| hey guys, do you guys always write a business plan when you have a business idea? Posted: 10 Sep 2021 06:14 PM PDT Hi, I want to know if a business plan proposal is necessary for when one has a business idea? Or can it come later down the line like for example after launching a minimum viable product or getting a few customers? I wanna know you guys experiences. Thank you [link] [comments]  |
| Seeking Advice for Determining Desired Profit Margin Posted: 11 Sep 2021 09:35 AM PDT Hi all, I'm looking for some tips on how to determine an appropriate profit margin. I'm in the dietary supplements industry, with one product that is self-formulated. I've searched profit margins for the dietary supplement industry, but most of the results assume that the seller is a store such as GNC or an online retailer selling brand names that they don't directly own. If my product is self formulated, my brand owns it entirely and nobody else sells it, would there be a way to determine the minimum profit margin? I keep getting stuck on things like this, because the numbers seem so arbitrary. I'd like to have it based in something, some sort of reasoning behind where I set the minimum margin. [link] [comments]  |
| Subscription and license management software Posted: 11 Sep 2021 08:47 AM PDT Hello, I am building b2b app, and it is time to think about subscriptions. I found service like recurly, but it is pretty expensive, plus it takes fee about 0.9%. I am looking something like recurly but may be open source, with self hosting Did you have similar problem? What solution you have chosen? P.S. I don't considering my own solution development. [link] [comments]  |
| Posted: 10 Sep 2021 07:17 PM PDT Looking for some advice, I'm 21 living in Atlanta, work full time, did reselling before moving to ATL. I'm sure someone else has dealt with this. I know long term I want to build my own business weather it's more of a freelance/contract thing or business. I know methods of how I would try to expand, promote, and run it. I just have to get to that point. The problem is I don't know what I want to do. I don't have anything I'm really passionate about. How did you guys figure out what you do? [link] [comments]  |
| I am 20 years old and want to expand my Fathers 15 year old paver/flooring contractor Business Posted: 10 Sep 2021 03:56 PM PDT So my father has been in this business for very long. In my location many construction sites exist and demand is quite high for pavers/building workers, electricians etc... My father makes good money in his business, but he is still self-employed and he "only" expanded to 2-3 employees alongside him. Currently we have 2-3 architects which build and sell homes and usually give us the tiling work. Depending on season we might have a month or two, with no work for us to do at all. Well, I feel like my father does not really have the will to expand and to go on.. He seems quite satisfied with the things we already have. But I see the potential to do more. He brings a lot of experience with him, and I just feel it all kind of goes to waste. For example, we still aren't registered as a company, we don't have a website, we don't advertise, WE DON'T EVEN HAVE A LOGO. So what I am saying is, my father brings a lot of experience/knowledge, he does an excellent job and has a very good reputation. He does a 9.5/10 job and knows his business A-Z. He has a lot of contacts and people request to work for him. He knows other flooring companies and their owners as well. So my father is the experience side, The technical side, and I want to take care of the business kind of side. What I bring: Will to expand, communication skills, will to learn, endurance, will to make a website logo etc, will to commit my time to the business, will to hustle. (My father is a beast in that regard, he hustles a lot). I feel like my father and I cancel out many things about each other, we could become a great duo. My goal and vision first of all is to get more clients and customers, big and small construction sites, then start to expand into selling tiles and all the things someone might need to do tiling work and at the end to ultimately start building homes by ourselves and selling/ renting them. It seems a little farfetched, but I believe in fast and smart expanding, and construction allows for many opportunities. I feel like I need guidance on this, And I am sure that my father won't support me at first, but I really see the potential behind this plan, as I know that my father was able to run his business very stable-ish for the last 10-15 years and brings a lot of experience. Why start a new business when you can expand your current one. I always wanted to start a new one in a different field, but this is an obvious opportunity which I missed, I just don't have a lot of knowledge in construction (or in things general.) I am asking the Reddit community humbly, on guidance and tipps to fulfil this mission, it will be difficult, but I want to try doing it right (as many before me have already done so). Thank You. Best regards D.T. [link] [comments]  |
| Preparing my self for Entrepreneurship advice Posted: 11 Sep 2021 03:12 AM PDT Hey guys Im in my second year of engineering degree. Will most likely pursue Mechanical Engineering. The reason why i chose to pursue engineering is mostly because i want those deep analytical thinking, critical thinking and problem solving skills skills that i walk out with in order to pursue entrepreneurship. Im currently working on a tech start up. However, i don't possess any programming skills. Especially now at the beginning stages where im heading towards building the product and figuring out how the platform will be built. is it ABSOLUTELY necessary to know programming and build it my self? One way im thinking about it is, if i execute this idea and get it up and running by being resourceful. What qualities and skills can i actually bring to the table in my own company if i dont even know how to program? I would feel useless and not know what really is happening to my product and attempt at solving problems. If go ahead and learn programming. then i would have to change my engineering major to software engineering not mechanical as i havnt started my major year yet. That way, im studying my field and also learning programming on the side. whereas if i major in mechanical engineering and learn program on the side, it will take much longer to learn these skills. This route also takes much longer to actually get the product from ground up as i will have to learn the programming skills and who knows if ill even be good at it. TDLR: Im just kinda stuck between deciding if learning programming and choosing software engineering as my major and building my platform my self will be a better option, if not, then what other skills should i be focusing on as a founder that i will need especially at the start? I just dont want to have a company running and not knowing whats going on as i dont possess the programming/technical skills. [link] [comments]  |
| Any entrepreneurs that work in the movie business making movies? Posted: 10 Sep 2021 09:00 PM PDT Like the title says. And are you looking for feature length screenplays? [link] [comments]  |
| Posted: 10 Sep 2021 08:09 PM PDT Hi guys, My name is Andrei and I chat with folks from the Crypto and Blockchain worlds about their projects and startups in the Cryptocurrency industry. Recently I had the pleasure of speaking with a fellow Melbournian on how he created a Crypto exchange as a side project while working full-time and managing a family. It's grown from his little side-project into a platform with 100k users and recently $250 Million exchanged via the platform. Shane started Cointree in 2013 when not too many Australians even knew what Bitcoin and Cryptocurrency were, let alone were buying, trading or investing in it. I know personally because that's when I got involved and people thought I was insane or trying to scam them if I spoke to them about it. One of the cool parts about this story is how Shane talks about work-life balance and how having that supportive family structure at home made the world of difference. I think at times folks in this sub are pushing and pushing and hustling and just sort of doing anything to claw their way out of whatever they deem to be this Job trap that they are in while also trying to manage their day jobs and family when all it does is create friction. I see it all the time. Been there myself. A couple of other things I liked from the Interview that you guys and girls might appreciate:
You can read the rest here if you like. This is a friend link (no paywall or anything like that). [link] [comments]  |
| Which Canadian bank to choose for a business account? Posted: 11 Sep 2021 02:37 AM PDT Hi. We registered a company in Canada to access funding. My cofounder is moving there for 2-3 years. We are looking for the best bank for business. I'm looking for a good web and mobile experience and reasonable cost. Im a bit lost because all the reviews I'm reading are terrible. Any recommendations? [link] [comments]  |
| Working on going in a new direction for my business Posted: 10 Sep 2021 08:38 PM PDT Good evening everyone, I originally started my business with my photography two years ago and earlier this year thought of opening a physical location to sell my work directly. Recently though an idea sprung up to open a cafe and incorporate my photography into it as decoration which could be sold. I have ideas for the food I want to provide such as panini's, as there is no local deli style restaurants in my area, but am not sure whether get vegetables locally or wholesale. What is your thoughts? [link] [comments]  |
| Know the skills or get the right people Posted: 11 Sep 2021 06:16 AM PDT Guys, I am confused here. I've been working on a social app and don't have much experience with SEO, facebook ads, etc. I've done all the other stuff (building website, app through no code, etc.) and don't know whether I should spend time getting users through in person interactions or finding people that know SEO/facebook ad or learn how to do it myself. I am trying to keep overhead low but don't want to waste time. What're your thoughts? [link] [comments]  |
| Posted: 11 Sep 2021 12:15 AM PDT Hello all, New here and wanting to gain insight on the steps to take to get funding for a small business. How easy or difficult is it and what factors are judge in requesting small business loans and grants . [link] [comments]  |
| Posted: 10 Sep 2021 06:31 PM PDT TLDR - What is the best way to buy out my partner's shares? Background: I have an LLC startup company and we've been running for the past 7 months. We are still in the process of our second launch. When we got started, I originally had it in mind that he would also put in some work. However, it did not turn out that way as he was very busy with his own job. I was an idiot at the beginning. For the contract, the only stipulation that was given was for every $1,000 he gives, he gets 1% equity share. My partner has 8% of equity. Aside from the $8,000 that he initially invested in the company, he's basically dead weight. I already sent him a message to set up a meeting but how do I discuss this with him? I'm thinking of offering to buy him out for 150% of what he has given me ($12,000) to pay in 1 year (just a simple promissory note). It's probably going to take another month or two for us to launch again so I would like to take care of this before then. How can I approach this so that it doesn't ruin our friendship and that it's a win-win on both sides? What other options should I offer in case he doesn't like the 150% buyout? [link] [comments]  |
| Posted: 11 Sep 2021 01:25 AM PDT So I'm jumping head first without a paddle into the lead generation game. Bought a domain, and set up my Facebook page. I built a basic landing page with Squarespace that takes prospective customer info and populates it into a google sheet.. Now I'm wondering about website content.. If my business plan is to post related content on FB and run ads that link back to the landing page is the content on the site as important? I don't really have any experience in the niche.. I come from a sales background... my company doesn't really have any cool start up story... Any ideas? 😅 [link] [comments]  |
| You are subscribed to email updates from Entrepreneur. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment