I'm Releasing a Housemate/Roommate App Because I'm Tired Of Things Not Getting Done Entrepreneur |
- I'm Releasing a Housemate/Roommate App Because I'm Tired Of Things Not Getting Done
- How will you profit from US’s new Infrastructure Bill over the next 5 years?
- Expressing my gratitude for this community
- How to start advertising a product?
- About to start a fundraising round and I need some help/feedback. Long post warning.
- Any Metaverse business opertunities for a 3d artist?
- Should I take a job at a stealth startup that violates terms and conditions?
- How much would a very small family owned construction company be worth
- Do you guys think it's a viable business model to make money through selling ads and branding in a network of offline shops?
- What would you name a jigsaw puzzle startup?
- Car rental business advice!
- Does anyone want to grow their Instagram page ?
- $2m to invest. Best business to buy to start?
- Cremation and Transport
- Commission based sales model help
- Success with multiple things...
- I just came into a surplus of T-shirt, how can I capitalize on this?
- How to calculate sales tax for ecommerce easily
- One APP idea that you always wanted launch?
- How do you combat the loneliness of entrepreneurship?
- Best place for custom Promo Code Sticker Printing?
- Online course via udemy
- Questions for SMMA - do you have full access to your clients account?
| I'm Releasing a Housemate/Roommate App Because I'm Tired Of Things Not Getting Done Posted: 07 Nov 2021 06:27 AM PST Throughout the last couple of years living with friends, the biggest issues I've always had were people forgetting to do their chores or pay me back for bills. As much as I loved the guys I lived with they frustrated me sooo much because of these issues. I decided that I'm going to be proactive about it and channel my frustration into something productive. Because of all this, I spent the last 2 months building a roommate app from scratch. It's not much that I feel like it's pretty good so far. There is still some testing I have to do so I'm not launching it just yet. I'm going to launch it this Sunday. I'll add a link in the description on Sunday and create another post describing the app in more detail. I'll answer any questions you guys may have below. TL;DR - I had cruddy roommates for years, built an app to split chores and bills, releasing the app here on Sunday. WeDivvy App Store URL - https://apps.apple.com/us/app/wedivvy/id1570700094 WeDivvy Play Store URL - Coming Soon [link] [comments]  |
| How will you profit from US’s new Infrastructure Bill over the next 5 years? Posted: 07 Nov 2021 05:30 AM PST I'm thinking about setting up a grant-writing service. How about you? [link] [comments]  |
| Expressing my gratitude for this community Posted: 07 Nov 2021 09:45 AM PST A few days ago, I made a post offering my web development services for free. Being an intermediate web developer and brand new freelancer I figured I'd get a couple of people messaging me to help them out with their website. But no, the post blew up and by the morning the next day I had received over 100 dms, not only that but I had people willing to pay for my services which was absolutely heart warming. I just wanted to thank this subreddit for kickstarting my freelancing career and giving me the opportunity to pursue something I love. I'm now under contract with 2 clients, and communicating with a few prospective clients - all within the course of a couple days! [link] [comments]  |
| How to start advertising a product? Posted: 07 Nov 2021 12:34 PM PST Hello - my team and I have created a new language learning app, and we're curious how to advertise for it. We plan on trying to engage with organic users (we have a small following on Instagram, and some Redditors are interested), but beyond just saying, "hey, we exist now!" we're not really certain how to really reach out to our audience. What have others found to work well? We're planning on non-organic traffic via various keywords, and we've put out feelers towards app reviewers in our space to try to get them to review out app, but what are other good ways to advertise/get eyeballs on our product? [link] [comments]  |
| About to start a fundraising round and I need some help/feedback. Long post warning. Posted: 07 Nov 2021 09:44 AM PST This post is long and complicated, so I would appreciate it if you could read all of it. For context, I am currently running a startup operating in a specific niche of enterprise networking hardware and software. I launched the main product about one year ago, and it has so far generated around $400K in revenue with very healthy gross margins (About 50% gross margin for the hardware and near 90% for the software). Furthermore, 100% of this revenue came organically as I spent almost nothing on ads. However, I don't have a lot of cash as I made a few mistakes when launching the business, which forced me to sell at a loss to keep my customers happy. But it's all good now as the brand name is stronger than ever before, the business is 100% debt-free, and I expect to make $200K in profits next year if I don't pursue my fundraising plans. We are the first company to create this product (Let's call it product "A") even though many have tried and failed. Product "A" can save businesses up to 60-90% of costs than if they used traditional solutions and is overall a superior solution for most use cases. Product "A" is proven and already used by Inc500 companies. I got into this industry when I was very young. Eventually, I wrote a very successful book about it when I was 20 and my entire professional life has pretty much been dedicated to it. My book has generated $100K in sales and pretty much funded the launch of the company. According to one of the most reputable research/consulting companies, the industry we operate in had a TAM of around $1B with a SAM of $400M. That was back in 2016-2017. Now, I would estimate it is at least 3x to 5x that as the market had insane growth during the pandemic. My top competitors are $50M to $500M companies, but they are all providing the traditional solution, whereas we are the only company in the world making this specific innovative product "A" which cuts the need for my competitors in most use cases. My problem (Or maybe blessing?) is that I realized I am sitting on a much bigger potential than I initially thought because my product could be streamlined and made so much easier for the end-user by incorporating all of its components into a single device (Let's call this device product "B"). I apologize for this being vague, but I can't get into too many details without exposing my identity. This device (Product "B") will come as an all-in-one solution, and I am near certain with financial and research data that if I build product "B" and market it correctly, it can generate $30M in annual revenue within 2-4 years with a NET profit of 15-20%. Furthermore, product "B" would be a true market disrupter that is accessible to every user who needs it, as it will be much easier to use than product "A" and a lot cheaper. But, how do I expect to get $30M annual revenue from product "B", when I couldn't get $0.5M from product "A"?
So, now you might wonder, where did the $5B figure come from? $30M in revenue will not make a $5B company. Well, product "B" could be further developed in a certain way to completely dominate the SAM and offer the end-user a better solution for 7-10x less than what they pay now while maintaining very healthy margins for our company. Let's call this product "C". It is 100% possible to accomplish this and have our company be the dominant market leader through technology disruption, achieving which would make it valued at $1B to $2B in about 7-10 years. I am very well aware that this will not make sense to anyone who does not understand this industry, but there's a lot more to it that I can't write in this post. We are the only company globally with access to the talent, IP, user base, distribution, and manufacturing partners who are skilled enough to build product "B" and grow it to achieve our vision. I am currently finalizing the design and idea, and if I get the funds I'm looking for, product "B" should be ready for end-users in 5-8 months, with the $30M revenue figure being possible in 2023-2026. What I want to do now is to raise $2M in capital to build product "B". But there are a few things I am not sure about. So I would appreciate any help possible with this stuff. I plan to talk to many consultants, but I also had some of the best advice ever here on Reddit, so I would appreciate any input. My main concerns are:
My current plan is to:
I know asking someone to answer all my questions is a lot, so if any accredited tech investors are interested, I am willing to offer some equity in exchange for mentorship. [link] [comments]  |
| Any Metaverse business opertunities for a 3d artist? Posted: 07 Nov 2021 12:26 AM PDT Hi Guys, I'm looking into the business opportunities in Metaverse like avatar NFT shop etc. Do you guys have any ideas? I'm good at making 3d objects like people and stuff. Also, do you think people want to make avatars in their own image? Or since meta offers an opportunity to become their best version, do you think they will opt for something entirely different than an avatar based on their image? [link] [comments]  |
| Should I take a job at a stealth startup that violates terms and conditions? Posted: 07 Nov 2021 10:20 AM PST I recently interviewed at a stealth startup that demonstrated some impressive software that integrates popular web sites. They make it easy for users to have their data seamlessly flow between several web sites owned by different companies. I think there are millions of users who would find this super compelling. I was impressed to see how well the software they've already built does this integration. They are integrating user data across ecommerce sites like eBay, Poshmark and Etsy. They allow users to have their listings and item sales status flow between web sites that have no integration. The startup claims they are just making it easy for users to access their own data, which avoids real legal issues. Users still have to login to each web site themselves. On the other hand, all these web sites this startup is integrating have terms and conditions that prohibit automation and the use of their APIs. I asked the startup about legal issues and they didn't seem to care. They said this integration was a grey area and that these big web sites had no legal case because they weren't doing anything "wrong" and were providing users a genuine value accessing their own data. The startup claimed that these kind of restrictive terms and conditions are legally dubious anyway. I think this startup has some pretty cool technology and have a very compelling value proposition. If it wasn't for my concerns around the legality of what they are doing I would take a job there. What do you think? Should I take a job with this startup? [link] [comments]  |
| How much would a very small family owned construction company be worth Posted: 07 Nov 2021 09:42 AM PST As the title says, my dad owns a very small construction company and is very close to retirement. He has two part time office workers and he is the only physical laborer and he will sub contract out bigger jobs. I am wondering if the business would have any worth at all to a potential buyer? If it was to be sold, everyone would retire so really the only thing a buyer would be interested in is equipment and customer base (there are actually some major commercial clients that create a lot of recurring work, but they know my dad well so not a guarantee the buyer would get all of the business from these clients). Has anyone here had experience with something like this and would there be any value at all? [link] [comments]  |
| Posted: 07 Nov 2021 01:14 PM PST The whole idea is to get a lot of clients through competitive pricing in a network of shops that will provide services and then sell ads and branding for companies that might be interested. Do you think this could work? Do you know any businesses/companies that make significant part of their revenue in such a way? [link] [comments]  |
| What would you name a jigsaw puzzle startup? Posted: 07 Nov 2021 01:12 PM PST I need to come up with jigsaw puzzle startup name. Haven't really found any worth considering. Please suggest cool, fun innovative names that come to your mind. Thanks! [link] [comments]  |
| Posted: 07 Nov 2021 09:15 AM PST Hi guys! Recently I've really had an itch to start my own business. I mean a real motivation to make my own way. First it started off as a power washing business. (The only thing that put me off is its not year-round.) Then I started leaning towards a car rental business! I don't want to go through Turo or anything like that as I'd like to maximize my profits. I can't really find a clear guide or info online that doesn't involve a second party. Can anyone help me? [link] [comments]  |
| Does anyone want to grow their Instagram page ? Posted: 07 Nov 2021 12:44 PM PST So basically, I sell engagement. The accounts are based in the US so that'll naturally make your insights look good. The first post is on me so you won't regret anything. And no, you won't get shadowbanned. Hit me up if you're interested. [link] [comments]  |
| $2m to invest. Best business to buy to start? Posted: 07 Nov 2021 11:54 AM PST Anonymous account for obvious reasons. I have roughly $2m cash to invest. I am in mid 30's, main business is commercial construction. Interested in doing something to diversify outside of just the construction industry. Interested in and have been researching real estate, franchising, green energy among other things. Curious on peoples thoughts, experience, advice. [link] [comments]  |
| Posted: 07 Nov 2021 11:01 AM PST As the title implies, I recently started a cremation and removal services transport business. Ive in the industry doing tissue recovery for transplant and body reconstruction but am now working in a different capacity that still affords me access to some info. In California this type of business doesn't seem to be highly regulated, however, I am told I have the insurance necessary and licenses to move forward. I am however, having a difficult time determining if my service fees are competitive. I'd like to approach a few crematoriums about subcontracting work but not sure where to get started, the process of drawing up contracts, obtaining death certificates on behalf of the client….obviously, I still have so much work to do. For anyone working in this industry or related, any advice would be appreciated. Thank you all so much. I should also add this is my first business and I'm nervous as heck. Edit to add: I'm also working full time, 12hr+ days, only employee. I want to push myself hard for as long as I can in both areas before going solo. [link] [comments]  |
| Commission based sales model help Posted: 07 Nov 2021 10:07 AM PST Hello everyone!! Is there anyone who is good at sales that would be able to work on a commission only basis? I have a Web Design & Development agency with a good enough portfolio but struggling to find clients and also want to focus on just making websites and not searching for leads everyday. You can even have 25% of the profit. So if a website costs $5000, you can get $1250 just for referring someone to my agency. It can even work as a one time thing if you have someone looking for a website, you can refer them to me and get 25%. Is there anyone who works with such a model? [link] [comments]  |
| Success with multiple things... Posted: 07 Nov 2021 05:52 AM PST Hey all, i've been wanting to do many things at once. I started a social networking app called FriendMe that helps you find your new BFF but at the same time, I've been wanting to do real estate (studied it in college). My question is, how do you know which thing is worth dedicating more time to and is it possible/do you recommend trying to work on both areas at once? [link] [comments]  |
| I just came into a surplus of T-shirt, how can I capitalize on this? Posted: 07 Nov 2021 09:27 AM PST Maybe I havent had a minute to sit down and actually think but a friend of mike shop closed down and he gave me all his shirt blanks, multiple colors and a multiple shirt presses. Im into fashion but not like I once was so im a little out of touch but how can I capitalize on this gift ive been given? [link] [comments]  |
| How to calculate sales tax for ecommerce easily Posted: 07 Nov 2021 08:58 AM PST sales tax is hard to calculate for any online business that operates nationally or internationally, if you operate in a physical location, then you just use a tax rate calculator to find out your local rate and then charge it using your POS system. But what about online stores? Alot of complicated measures are taken into place for which you should charge sales tax or not, if you have nexus in a state then you should charge sales tax in that state, well what is nexus? Nexus means assets in that particular state, like maybe, a warehouse, or employees and so on. also if you do a certain amount of sales volume in a certain state, then you are supposed to pay sales tax on that as well. Well, in that case it's a little harder, but using software can help with that You can read the article to learn what app to use here [link] [comments]  |
| One APP idea that you always wanted launch? Posted: 07 Nov 2021 08:45 AM PST Hello everyone, Share your app idea which you always wanted to make. [link] [comments]  |
| How do you combat the loneliness of entrepreneurship? Posted: 07 Nov 2021 08:05 AM PST I don't really want to spend the money on a coworking space but feel like it's probably the best way to meet other people. [link] [comments]  |
| Best place for custom Promo Code Sticker Printing? Posted: 07 Nov 2021 08:01 AM PST I am putting a package insert in my product with a promotional code to try other products in my catalog. I will have 1,000 unique 1 time use codes applied to 1,000 package inserts. This is to prevent my followers from sharing a 30+% discount on social media or online. How do I bulk bring 1,000 package inserts that each have a unique code on them? Is this far more trouble than it is worth? Should I just make the code generic and assume that there will be some cross over and others will get a hold of it eventually? Thanks! [link] [comments]  |
| Posted: 07 Nov 2021 03:02 AM PST I am thinking about creating a series of courses about marketing on udemy...any tips? [link] [comments]  |
| Questions for SMMA - do you have full access to your clients account? Posted: 07 Nov 2021 06:39 AM PST Hey! Do you have full access to your clients account, for example Instagram? Or do you have any 3rd-party software that only gives you access to post? How much do you charge for a client for one-time job, monthly? Do you have any skills or background in design such as photoshop etc or do you go full-time Canva or any other web-based site? [link] [comments]  |
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