Entrepreneurs: How much sleep do you guys actually get? Entrepreneur |
- Entrepreneurs: How much sleep do you guys actually get?
- A message to my younger self: Stop playing with it, and just launch!
- The loneliness is the hardest thing
- Has anyone worked with a digital marketing agency that actually delivered on new business?
- In 2017 I invested around $12k in a local brick and mortar business. It was a pool of around 20 investors and my shares were for around 2.5% of the business.
- The 3 Apps Your Growing Business Needs
- Are there Real Step-by-Step business YouTube channels?
- I have been looking for a job in a start-up that works on societal issues however the job boards I look only advertise technical jobs. how can I look for opportunities on social innovation?
- Research regarding late payments from customers
- I’m broke af now
- Saas Sales Page Automation
- Free access to linkedIn learning (formerly lynda.com)
- Want to create a water flavoring company.
- Is it a good idea to start developing the MVP?
- Product Cost VS Platform Fees VS Shipping Fees
- Why working in Smaller Batches is good for your business
- Standard startup issue, but necessary to be addressed
- Have anyone used direct mail postcard and/or radio to advertise local services? If so what were your results?
- Being an Employee Afterwards
- Content Marketing Templates
- Job Training Video - Business?
- Help needed in Nederlands….International Shipping Issues
- Ideas for someone that loves playing sports and games?
- Mixed to order Bake Mix business
| Entrepreneurs: How much sleep do you guys actually get? Posted: 05 Nov 2021 05:27 AM PDT I'm typing this at 8:22 AM where I'm about to sleep for 3 hours before working all day and the entire night again. I don't know man I can't explain it. I can't fucking go to sleep my mind is rushing with things. I think sleep is such a waste of time but what ends of happening is at some point during the week I'll crash for like 16 hours. Anyway, yeah yea I should do this and I should do that. Anyone else in the same boat though? And those who do get enough sleep, how the fuck do you convince yourself to go to bed and then get SLEEPY without wanting to tunnel vision the fuck out of what's on your hands? [link] [comments]  |
| A message to my younger self: Stop playing with it, and just launch! Posted: 05 Nov 2021 09:05 AM PDT Every day I have to remind myself that launching what I have on hand is better than waiting for a perfect product. Before Fonoster, I used to waste time perfecting my ideas to later realize that one gave a sh**it about it. And believe me, it got me nowhere. So instead of trying to make a perfect product/feature, I now try thinking of what I could build in one week that might bring value to at least one of my customers. If what you have today can provide value to someone, anyone, just freaking launch!
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| The loneliness is the hardest thing Posted: 05 Nov 2021 01:18 PM PDT Started a non-profit a while ago and it's gone very well. Have 2 other team members now (who both work part time) and forecasting a lot of growth next year. On paper, it's all going well. I absolutely love doing it too, it feels so meaningful to me. But, on a personal level, I'm struggling with severe loneliness. I have lots of friends, but no one who truly understands how isolating and gruelling it is to do what I'm doing. Any tips for managing the loneliness? [link] [comments]  |
| Has anyone worked with a digital marketing agency that actually delivered on new business? Posted: 05 Nov 2021 05:36 AM PDT I worked for an IT firm that was partnered with a digital marketing firm - that partnership dissolved when the owner at the IT firm realized the marketing agency just turned contracts but never really delivered on leads. I'm now starting a business and would like to hire a agency but wanted to gauge you all's experience. [link] [comments]  |
| Posted: 05 Nov 2021 10:25 AM PDT It was a passive investment, but we were encouraged and excited about doing what we could to help, promote the business, etc. It started out that we were supposed to get monthly profit payouts, but it quickly turned into the main "investor"/manager continuing to convince us to re-invest profits into the business, new equipment, etc. We also bought a few investors out collectively along the way and my shares are near 3% now I believe. Now, 48 months later we've only received 3 payouts for a total of around $4k of my money back. I've been inquiring about selling my shares for many months and I'm being told that my only option is to just take the rest of my $12k (around $8k) back with no consideration to four years of interest, inflation, buying new equipment, investor shares, etc. with my/our profits. I've been asking about getting a business valuation and proper profit and loss statements for several months, and I keep getting shunned away. Our operating agreement specifically states that a seller should be able to get a business valuation either through a mutual agreement on value or hiring an appraiser, but no one seems interested in getting this done. Even a few other investors looking to sell seem happy to just take their $8k a and go at this point. Do you think I should just take what I can get or keep pressing to get a valuation? I have a hunch that the profit and loss statement isn't GREAT. They keep saying it's been a tough 2 years due to the pandemic, but I know the business received PPP loans of $250k-$500k and it definitely should've helped keep it afloat. I have a feeling that the business still has a lot of value and let's say maybe it's worth 1-1.5 million. Which would make my 3% worth more like $30-$45k, not $8k. I understand the business may not have the cashflow to pay everyone out at any moment, but I would at least like to know. I'd be happy to negotiate from there, but it's becoming very frustrating the way this investment has gone over the years. Any thoughts or advice? [link] [comments]  |
| The 3 Apps Your Growing Business Needs Posted: 05 Nov 2021 12:10 PM PDT Running a business is an ongoing process of finding the best ways to work. In today's digital world, this includes finding the best app solutions. There are tons of small business productivity apps and services available on the market today. There are even more business tools that help your team's value and efficiency increase on a daily basis. In this article, we list down three services that you should consider trying after starting a business. Read along and find out why we recommend these three apps to help you get the most out of your business venture. StudioApp PluginsDo you engage in video production for your business? Or do you pay a video producer to create engaging and eye-catching video content? Give your business's video production a massive boost with the Studio App plugins for Adobe Premiere Pro and After Effects. The Studio App plugin gives you access to hundreds of free presets, motion graphics, and text animations. Even on just the free plan, you already get a lot of features that can help your business come up with high-quality, professional-looking videos. This is an all-in-one app solution booster if your current content marketing strategy involves motion design and cinematography tools. Nearly 8 out of 10 consumers proceed to purchase after seeing marketing videos of a product. Combine videos with search engine optimization and social networking, and you have a powerful marketing arm. Add this to your current app stack if you want to create really compelling videos without crunching for time. Features:Access To Free Assets (Transitions, Text Presets, Graphics & Effects) Pricing:Free $0 Alternatives:Motion ArrayMotion Array is a stunning alternative for video content creators and motion graphics designers. The free plan already gives users access to so many assets and a 1-month trial to its premium features. This means a free membership with Motion Array can already level up content production for your business. The 30-day free trial of premium features also makes for a great option if you just want to explore your options without making commitments. The single-user plan starts at $29.99 while team plans can easily be created on their website. Maxon UniverseMaxon's Universe plugin offers impactful transitions, motion graphics, and effects starting at $30 per month. The Maxon One complete package includes animation software and other filmmaking tools at $149 a month. If your company needs all these tools for branding, Maxon provides you with a great package that can support the best video content creators. As your company grows, you may want to explore their team pricing or the perpetual licenses. Boris FX SapphireBoris FX Sapphire prides itself on its capability to let creatives produce organically impactful content. It uses another Boris FX Academy Award-winning technology called Mocha for integrated tracking and masking. If your video editor is capable of executing high-skill video production, Sapphire plugins can help them make the most out of your every great idea. Sapphire's best-valued annual plan is priced at $495, and a full license costs $1695. A 30-day free trial is also available. YouMailYouMail gives its users a personal automated voicemail secretary. This innovative app lets you have a sort of personal interactive voice response system, and much more, for free. The free plan lets you set a filter on your contacts to help set up voicemail responses and triggers. You have the option to get 20 calls transcribed every month to your email, and 50 messages to be archived permanently. There's also the free call-blocking and voicemail feature, along with caller ID and custom greetings for custom contact groups. All these are accessible via mobile and desktop for free. The best feature is probably how they turn your voicemails into a visual experience. YouMail lets you receive voicemails via email and text, allowing important ones to be easily forwarded to others. The productivity guaranteed by filtering and sorting calls easily makes it one of our small business essentials. Features:Free call blocking and voicemail PricingPersonal Free AlternativesGoogle VoiceStarting at $10 a month, Google Voice allows you to merge multiple lines into one smart number. The service comes with voicemail transcription and integration with other Google Services. It comes with free telephony or VOIP functionality as well. This makes for a great alternative if you're already on Google Workspace, and you want a service that can scale with your business. MightyCallMightyCall is designed for small businesses. The $49.99 is accessible to an unlimited number of users, plus five toll-free numbers. It even has a mini-CRM that helps you work smarter, along with the voice-to-text feature that is always a neat feature. RingCentralRingCentral's MVP (Message, Video, Phone) plan starts at $29.99 for the Essentials package. That's 20 users for business phone numbers, also with voicemail-to-text services. Their team-messaging functionality could convince you to take this option for your business. As your business grows, you can also upgrade to higher-tier plans to unlock more time-saving, productivity-enhancing features. MasterclassGrowing a business and nurturing teams will always be an ongoing process. Masterclass levels up this experience by giving you access to lessons from world-renowned experts. These classes are prepared and facilitated by the likes of Robin Roberts, Bob Iger, and Chris Voss. Imagine having these experts on your mobile or desktop? That can take your personal and corporate growth sessions to the next level. Masterclass gives users the experience of learning from people who are considered at the peak of their game. You get their personal take on topics relevant to your industry, practice, or passion. Every class even has downloadables prepared by the instructors themselves. Imagine working on product development with a team that learned from the best of the best. Your managers can be trained by legendary experts on running their teams, and all your staff has a high-level understanding of their stake within your business. That's the experience Masterclass can unlock for your business. Features:100+ Masterclasses Pricing:Standard $15 Alternatives:UdemyUdemy is a massive open online course (MOOC) facilitation platform. A membership lets users access courses that could help them earn certifications or acquire new skills needed for their jobs. It currently has a growing database of 183,000 video courses. Udemy courses can cost you anywhere from $11.99 to $199.99 each. The team plan can help a small business with up to 20 members for $360 each, annually. Try this option if you want your team to have access to unlimited learning opportunities as they help you scale your business. SkillshareSkillshare is another online learning platform. They mainly cater to creative individuals, but leadership and management courses are also available. The Starter plan for businesses starts at $159 per user, annually. That's for teams of up to 19 people. You'll all get unlimited access to all classes, and other special features for self-facilitated learning. The Premium plan for individuals starts at $180 annually. LinkedIn LearningLinkedIn Learning helps your team acquire job-relevant skills easily. This is a great option if you want a small business app that elevates your team's learning and development progress. An annual individual subscription costs $19.99 per month. Business solutions are also available if you want to increase employee engagement and capacity. LinkedIn Learning can give your entire team access to learning material for their immediate needs, facilitated and reviewed by other users and leaders in its industry. The 3 Apps Your Growing Business NeedsThe tools listed above should help you unlock your business's potential in three different ways. Quality content creation is just as important as your time spent on spam calls and voicemails. The same goes for skill and knowledge acquisition. However, if you wear too many hats in your business, that can hinder you from enjoying all the benefits of these services and apps at work. Offloading tasks to virtual assistants can be a solution for task overflow. A marketing virtual assistant can help you execute a high-level video content marketing plan. The same goes with executive assistants and project managers that let you focus on the high-level tasks your business needs you to do. Then imagine a team of highly-trained virtual assistants constantly learning from industry experts as your business evolves. Consider all that productivity, combined with cost savings, helping your business grow and evolve. If you know other apps that might help then please share it below. [link] [comments]  |
| Are there Real Step-by-Step business YouTube channels? Posted: 05 Nov 2021 12:03 AM PDT So there are tons of podcasts, channels, articles, etc of how businesses made it big. Podcasts like "How I Built this" or CNBCs Make It series. However they all show you the end result. And don't actually show you what exactly it takes to build a successful business. Are there any good channels where one can see what exactly works and doesn't work? I'm building a new brand (already have traction) and I think this type of channel with weekly content showing how the business is growing, what's steps I'm taking and actually showing sales numbers, ads costs etc. Would this be of interest? EDIT: I don't have a channel. I'd just would like to know if there's someone that is already doing this. If I were to do this it would first be as an accountability project for myself. Failing in public would be embarrassing so I'd do everything I can. This would be more of a vlogging type of thing. Think Casey Neistat vlogging about building a business in a fun to watch way. So it'll be fun to watch but also educational and a journey of growing a business from scratch. [link] [comments]  |
| Posted: 05 Nov 2021 08:33 AM PDT |
| Research regarding late payments from customers Posted: 05 Nov 2021 07:59 AM PDT Hi everyone, I have been doing some research on potential solutions to late payments from customers and would like to see if anyone is interested in doing the research. It is extremely short and I am not promoting anything in it. I will share the results when I have enough people take it, and I hope it can help some of you get some insights based on the responses. Thank you in advance if you are willing to participate! Here is the link https://www.surveymonkey.de/r/3QXMRKH It is anonymous by the way. [link] [comments]  |
| Posted: 05 Nov 2021 03:04 PM PDT I quit my government job and now I'm doing my pest control and handyman business full time while I go for an advanced degree. But I'm broke af now. Damn. Lol any suggestions for people who went down a similar route of work? [link] [comments]  |
| Posted: 05 Nov 2021 02:29 PM PDT Hey team, I am looking to build a SaaS sales page and actually have done it before. But I don't want to do it from scratch and looking for automation with payments and allowing customer to manage their subscriptions after they pay (upgrade, cancel). Now I could code the html page myself, add stripe/paypal api and a database to store info but was wondering if anyone here could recommend a product that easily let you sell a new SaaS product, connect a domain, easy HTML editor and Paypal or Stripe integration with a subscription management front-end. I'm tired of building stuff from scratch and would rather not re-invent the wheel. Hope to hear from you! [link] [comments]  |
| Free access to linkedIn learning (formerly lynda.com) Posted: 05 Nov 2021 01:41 PM PDT Look on your public library's website to see if they have access to LinkedIn learning. All you need is a library card. You can learn just about any program or business skill. They have a huge catalog of video training. If you can't find it, look under ebooks and online resources. Enjoy! [link] [comments]  |
| Want to create a water flavoring company. Posted: 05 Nov 2021 01:19 PM PDT I will preface this with- I have absolutely zero experience owning or running a company, I just have a really good idea that I want to see to fruition. I don't need a ton of detail, but my question is- how hard would it be for me to create a company that sells water flavor/enhancer like Mio or Crystal light? [link] [comments]  |
| Is it a good idea to start developing the MVP? Posted: 05 Nov 2021 12:38 PM PDT I'm in the stage of validating a project, is it a good idea to have a start developing the project? [link] [comments]  |
| Product Cost VS Platform Fees VS Shipping Fees Posted: 05 Nov 2021 12:15 PM PDT Let's say you want to sell some items online. There are 3 main things you need to consider, cost wise.
Now when comparing these costs it seems that the product cost is almost negligible when compared to the platform fees and the shipping fees. For example, let's say you want to sell a pack of 12 pieces of washcloth. It would cost around $1.5 on average to buy from wholesalers. Now, let's say you want to sell that product on Amazon. They will charge you $1 for every item that gets sold on their platform, and on top of that another 8%-15% charge for whatever the item gets sold for. Let's say you decide to sell the product for $10. Then out of that $10, Amazon will already gets $2.5, leaving you with $7.5. Now the shipping fees. Even after using apps like Pirate Ship, which reduce the shipping cost by around 25% on average, it would cost around $5 to ship such a product. So taking that cost out of $7.5, would leave you with $2.5. Now finally, you will need to take the cost of buying the product from wholesalers from the $2.5, which will finally leave you with $1. As we can see here, the cost for platform fees and delivery fees severely outweighs the cost of buying the product from wholesalers. On a last note, for some reason, you will see some people selling such an item on Amazon for much cheaper than $10. How they are able to do that and still make a profit, I still do not yet know. [link] [comments]  |
| Why working in Smaller Batches is good for your business Posted: 05 Nov 2021 06:11 AM PDT Hi entrepreneurs, I recently re-read The Lean Startup for The Booketlist and the concept of working in smaller batches caught my attention so wanted to share some key takeaways here. The Advantages of Working In Smaller Batches:
Eric Ries, the author of the book, shares quite a bit of his own experience from running IMVU, a 3D avatar social app. At IMVU, they took a fair bit of learnings from the lean manufacturing processes, with one of the main proponents of that being Toyota. At Toyota, they stopped the whole manufacturing line as soon as an error got noticed. Similarly, once a problem got detected at IMVU, the team:
The problem often experienced with large batch work is that it grows bigger. Your work for months on end on a product, with sky-high expectations of the first version of it. As you get more ambitions, you experience an increase in bugs and problems that you have to deal with. The workload has grown bigger than expected. So you postpone the launch date and soon you're not able to ship the product that you were so excited for. I've experienced this at a company that I worked at before and, boy, does it feel miserable once you've missed the initial launch date. So ship quickly, work in smaller batches, and integrate based on the information you receive from early customers. [link] [comments]  |
| Standard startup issue, but necessary to be addressed Posted: 05 Nov 2021 11:36 AM PDT We are currently participating in a business conclave as a firm and we have been registered as a team, however after a brief time of thinking, I feel I have mistaken while choosing the perfect co founder and I have been regretting it, I know i need to face the reality and tell him that but considering the upcoming conclave. How should I go forward with it? [link] [comments]  |
| Posted: 05 Nov 2021 11:12 AM PDT Hi, I'm in Toronto, Canada in the home improvement business. Primarily I do handyman and small scale general contracting work. My target audience is primarily retiree and housewives I already have a website and is doing seo on it. I'm looking to do more marketing and thought about doing radio ad and direct mail postcards through canada post. They have tools to target neighborhood and demographics which would certainly help me. Have anyone done any advertisement in these two forms? would you be able to share your results with me as well as which type of business you were in? Thanks [link] [comments]  |
| Posted: 05 Nov 2021 10:36 AM PDT Has anyone transitioned from being a business owner/independent contractor to being an employee? I have been a business owner for years (but I always feel my clients, vendors, employees are almost my boss in that I need to meet and exceed their expectations). I definitely have gotten used to it but would like to have some new experiences. I have been recruited and in the interviewing process at a large company. I wonder if it will be a good transition or not. The work fills me with passion but the hierarchy not so much. Has anyone experienced this? Has this not been doable? (Please no snarky, rude comments.) [link] [comments]  |
| Posted: 05 Nov 2021 10:14 AM PDT Marketing has been difficult for me so I am always on the lookout for resources to build a good system so it makes marketing easier. Wanted to pass along some templates I found are useful, especially for content planning spreadsheet and content brief. [link] [comments]  |
| Job Training Video - Business? Posted: 05 Nov 2021 05:58 AM PDT Employees and Employers are always complaining about training new employees. Either there aren't enough Senior staff to train or employers don't want to invest the manpower. Thinking about helping a local business create a new employee training video - how to work the cash register, how to treat customers, how to balance out at end of night, etc, etc. A video someone can watch while on site - repeat, forward, click on time stamps. How much should I charge? -thinking about $5k for a simple retail video. But what if I expand to larger more technical jobs - charge maybe $20k? [link] [comments]  |
| Help needed in Nederlands….International Shipping Issues Posted: 05 Nov 2021 09:40 AM PDT I am so frustrated trying to ship my product into the European Union. I am unable to pay online to release my package to the customers warehouse and it seems the only option is for someone to pickup locally and pay the customs fees. Is there any way I can hire someone to pickup the package for me? What are the chances I get scammed? I can't afford the cost to reship due to lack of time and money. Any suggestions? [link] [comments]  |
| Ideas for someone that loves playing sports and games? Posted: 05 Nov 2021 09:28 AM PDT I know it sounds goofy, but one of my passions and greatest sources of my joy is just playing games with others. Wiffleball, basketball, tennis, playing catch, ANYTHING! I am always down to blow off steam and play a little game of anything. I've also always enjoyed organizing games and tournaments. I am a project manager for a large hospital, so I have pretty decent experience when it comes to working with others, organization, documentation, etc. Any thoughts or opinions on a path I could consider? [link] [comments]  |
| Mixed to order Bake Mix business Posted: 05 Nov 2021 09:21 AM PDT Hey all, I would really appreciate some opinions on if you think my business idea has some potential. So Recipe Boxes are big business here in the UK. How about the same concept but for baked foods. When you think bake mixes you think those horrible processed Betty Crocker boxes at the supermarket to Brownies etc. What if the mix was made from wholesome natural ingredients, mixed and vacuum packed to your order and shipped with a recipe card that takes you through every step or turning the mix into dough and then into the end result. You get extras like if it's a bagel mix you get a pot of poppy seeds etc. I have tested the recipes and process at home to exceptional results, seriously good quality food far better than store brought. The process when following the card is really easy too. I have purposely been sloppy and half assed when making stuff and the end result was still really good. The ingredients need to be high quality, factor in the recipe card, packaging and shipping etc. though this means a premium price. It would be far cheaper to go to the store and for example by a bag of bagels. I could come in at around £5.00 per mix, that would make up to 8 bagels. Will people pay a premium for UPS's like great quality ingredients no additives, the fact it was mixed to their order, it's a fun activity to bake and the end result is massively better than store brought? Selling low ticket products like this I need to sell A LOT to make any money. I have all of UK and Europe to comfortably ship to. Do you think this has the potential to sell high volume though? Or does it just sound too expensive and too niche? The recipes aren't made in am instant, this is proper baking with 2 hour rise times etc. [link] [comments]  |
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