NooB Monday! - December 13, 2021 Entrepreneur |
- NooB Monday! - December 13, 2021
- Hired first employee.. It was a flop.
- Just got my first blog visitor from a Google search! Share your small victories here.
- Need help with a business name
- There are reasons why people don't like buying used items for less $$$. What are they?
- Confused
- Too modern for my country!?
- Need genuine feedbacks and testers for my app.
- Since 2010, i mandated a 'blame & fix processes only' (ie dont blame people for mistakes) and this has helped improve productivity and revenue. I think its because it made people feel safe(r) to learn from mistakes and spend more time on actual business activities. Here's what i learnt.
- Active and Upcoming COVID-19 Assistance Programs
- I’m 14 and want to make a lawn mowing business
- Where do you business owners shop for clothes?
- Is it a bad move to start selling similar products to neighbor?
- Content strategies for upcoming Fin tech startups / Neo banks
- Need advice on attracting more clients
- My Business Is Being Attacked! What Can I Do?
- How to protect my products in china from my own factory
- Owners draw - question
- New shop failing
- How to get customers?
- Started new welding/fabrication business (mostly modifying cars). How to find customers?
- I know common advice is to not be too protective over "ideas", but let's pretend you believe it's something worth protecting, how would you go about building it up to a point of launching and getting traction before others with more powerful teams and networks decides to do it faster and better?
- What benefits do you leave behind when quitting corporate?
- Instead of entrepreneurs/techies coming up with their own ideas, why not have other people fund the ideas they want, then find the people to build it later?
- Is an angel investor what I need?
- Looking to make the leap to self employed
| NooB Monday! - December 13, 2021 Posted: 13 Dec 2021 02:00 AM PST If you don't have enough comment karma to create your own new posts, you can post your new questions here. You can also answer/add comments to anyone else's posts in the subreddit. Everyone starts somewhere and to post in /r/Entrepreneur this is the best place. Subscribers please understand these are new posters and not familiar with our sub. Newcomers welcome! Be sure to vote on things that help you. Search the sub a bit before you post. The answers may already be here. Since this thread can fill up quickly, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. [link] [comments] |
| Hired first employee.. It was a flop. Posted: 12 Dec 2021 03:15 PM PST We put out a interesting job ad, got a lot of responses. Hired someone who had experience (although not specific to what we needed) and they quit. Hired a second person who had specific experience but didn't interview as well.. it's only been a week but there are multiple skill and personality problems. I know there's a lot of trial and error to hiring... can anyone give me some tips or stories? [link] [comments] |
| Just got my first blog visitor from a Google search! Share your small victories here. Posted: 12 Dec 2021 03:19 AM PST I'm feeling ecstatic because I just got my first organic visitor on my self-improvement blog from Google after 25 blog posts, 2 site redesigns, A/B marketing promotions testing and a lot of feedback and improvement! The start is always slow, but the once you get the ball rolling, you gain momentum slowly but surely. What's a small success you've recently experienced? [link] [comments] |
| Need help with a business name Posted: 12 Dec 2021 10:42 PM PST I need a catchy business name for a royalty free audio sample library. Similar to splice (music related) any ideas? [link] [comments] |
| There are reasons why people don't like buying used items for less $$$. What are they? Posted: 12 Dec 2021 08:40 AM PST I am looking for reasons people may be hesitant or just don't want to buy used or recycled items from people online and in person as opposed to business'. So far I have personal safety(maybe the person is dangerous or wants to harm them), item reliability & availability(what if I buy it and it breaks right after?), time & travel, don't know where or how, might be ashamed or embarrassed. Can you think of any others? [link] [comments] |
| Posted: 12 Dec 2021 08:44 PM PST I'm a 23 year old , I manage a restaurant and make about 48k a year . I dropped out of college on a offer to help run a franchise and be a part owner just to come to realize profit margins of franchises aren't that great. I want a job and career with a better environment around me . Just confusing to find my purpose , I like running a business and I'm a peoples person , I invest heavily in the stock market . But career wise I wish I could find a footing . Dream goal is to make over 6 figures [link] [comments] |
| Posted: 12 Dec 2021 12:57 PM PST Hello everyone, About a year ago I started an online business for renting homes mid to long term. We built a pretty good website, offer the best prices in my country for such service and offer a ton of free services.(Actually we are the only company that is online only and does not have brokers. Brokers don't have the best reputation here also. High taxes, poor service and a lot of lying.)However we have been struggling to get people to accept the new way of renting and trusting us. Any tips on how to convince people to trust us and try the better way? Anything would be helpful! Post your struggles with start ups to figure out a way forward together! [link] [comments] |
| Need genuine feedbacks and testers for my app. Posted: 12 Dec 2021 11:29 PM PST Hi guys. I got an advanced beta version of my app available in app stores and web. But I need more feedbacks as some users still get some bugs (I don't have bugs much bugs on my side though). Would you be kind enough to have a look at it? I will delete all your data upon request if needed. I need feedbacks on:
My full story is available on Medium Thanks so much. [link] [comments] |
| Posted: 13 Dec 2021 01:52 AM PST TLDR: blaming and fixing processes only (instead of blaming individuals) improved revenue and productivity significantly It's very easy to point fingers to blame someone when something goes wrong, but it's always bothered me that blame isn't really useful or helpful. it just creates an environment where it becomes over-personal. People will be blaming one another, defending from blame or hiding mistakes - overall a waste of time and energy which can be better off doing productive, revenue-generating work instead. So when i started my business, i mandated a policy of if there's an error or there is need to blame, let's blame and fix processes instead The results?
aka more revenue and waaaaay less politics which i hate If you liked this, take a look at the video I did with one direct example and a bonus application of this approach About me: Average entrepreneur, dad and husband who is fascinated with marketing, leadership, entrepreneurship and creating a life and stuff that matters. These videos and posts are a fun project for myself where I share about what I'm thinking about or cool stuff I discover. [link] [comments] |
| Active and Upcoming COVID-19 Assistance Programs Posted: 12 Dec 2021 05:43 PM PST Hi everyone! I've been lurking for a bit and wanted to do a post on active and upcoming COVID-19 assistance for businesses since I know that a lot of people are still really struggling and most of the grants and loan programs are closed. If you know of any other grants, mentorship programs, or other assistance programs that are currently open, please comment! Grants and loans: - The Nav Small Business Grant program is closed at the moment but says the next round will start in mid-December. ($10,000 and $5,000 small business grants) https://www.nav.com/business-grant-contest/ - Another one that not active now, but will be soon: The next round of the BGE Energizing Small Business Grants program opens in early 2022. Preference will be given to minority-owned and woman-owned businesses. https://helloalice.com/partners/bge/ - Equity Midwest Pandemic Relief Grant Program is only for businesses owned and operated in the midwest (IL, OH, MI, IN, MN, IA, WI) that are at least 51% BIPOC-owned, women-owned, or PWD-owned. This one is open right now and the deadline is January 31, 2022. - SBA is still accepting applications for COVID-19 Economic Injury Disaster Loans. The deadline is December 31, 2021. Loans are 3.75% fixed interest with payments deferred for the first 2 years. https://www.sba.gov/funding-programs/loans/covid-19-relief-options/eidl/covid-19-eidl Services, mentoring programs, and misc.: - The Comcast Rise program. Recipients get marketing consultations, media placements, commercial creative production services, or technology services from Effectv and Comcast Business. The business must be at least 51% owned and operated by people of color. Applications will close on January 15, 2022. - Verizon Small Business Digital Ready has a free online curriculum, one-on-one business coaching, and mentorship and practical advice for women-owned small businesses. https://www.verizon.com/about/responsibility/digital-inclusion/small-business-training free online curriculum and can apply for Verizon Small Business Digital Ready $10,000 grant, - Business Mentor NY connects business owners to volunteer business mentors to help you solve problems and grow your business. - SCORE business mentor program is a large (free) network of small business mentors https://www.score.org/find-mentor - The SCORE small business resilience hub is also a helpful resource [link] [comments] |
| I’m 14 and want to make a lawn mowing business Posted: 12 Dec 2021 08:40 AM PST I'm 14 in the uk and want to make money but I can't work till 15 (retail,light work etc) in a business so I was thinking of making my own I know I need a permit and insurance would I need anything else i was going to set it up as a sole trader and will I have to pay taxes [link] [comments] |
| Where do you business owners shop for clothes? Posted: 12 Dec 2021 10:50 AM PST I know an affluent business owner and he's very modest and shops at normal mall department stores, and I know someone else who religiously buys designer but I don't think they're as affluent. Are pricier clothes worth the money? [link] [comments] |
| Is it a bad move to start selling similar products to neighbor? Posted: 12 Dec 2021 01:57 PM PST I have a storefront and business is currently very very slow. My next door neighbor has boatloads of people walk in to buy. If I were to start selling the same products as my neighbor (which I'm capable of doing), would this be illegal or immoral? I'm struggling to make rent and see an opportunity right in front of my eyes. There is no exclusivity clause in the lease. [link] [comments] |
| Content strategies for upcoming Fin tech startups / Neo banks Posted: 12 Dec 2021 06:54 PM PST Hey guys, I am looking for a resource where I can learn some content strategies for Neo banks. I would love some input from you guys in the field, thanks ! [link] [comments] |
| Need advice on attracting more clients Posted: 12 Dec 2021 02:40 PM PST Hello, I'm currently working full time and I've got a side hustle, both in product design engineering. I love my job but the time has come to hand in my 1 month notice and focus on becoming my own boss. So far, I have been using Fiverr and upwork to get several new clients but wondering how else can I improve my impressions and attract much more customers? I have a website setup on Wix but I don't seem to get any traction from it. Open to any and all suggestions you guys might have [link] [comments] |
| My Business Is Being Attacked! What Can I Do? Posted: 12 Dec 2021 10:11 PM PST So over the past few months, my SEO business has been growing at a steady rate as I've been using the results from past clients to market my services; however, as more clients begin to come in it has drawn some unwanted attention from another local marketing company. This company is bigger than mine right now, but for some reason, they've started to target my business posting negative reviews all over my Google and Facebook pages. I feel almost helpless as they have more resources than I do to fight this battle and honestly it would take a tremendous amount of time as well. Is there anything I can do to get around this or maybe even just prevent them from continuing this? [link] [comments] |
| How to protect my products in china from my own factory Posted: 12 Dec 2021 09:26 PM PST Hello, new user here, I have recently begun manufacturing steel car body parts in china. It took me about a year to find a factory and then months of back and forth for negotiations, the factory has many years of experience and is vetted on alibaba for what its worth. Things were going smoothly, the samples we received were excellent quality and the price was reasonable, we specifically selected this factory for their experience in this field. An issue arose one day when I was on a facebook car group (related to the car model I am making parts for) and came across a post showing our parts in a factory setting, and the poster advertising them as if they made them, trying to gauge interest. I was furious, I sent pictures to my contact at the factory and he seemed to understand and the post was taken down within an hour, and all pictures of our parts were also deleted from his facebook. I was worried but I also assumed that this could have been a rogue employee, since the post seemed very poorly made and not something that a company put out, not to mention that there was still more money that had to be paid on these parts ($150-200k) so I would imagine they were at least pragmatic and would not choose to ruin our relationship over some small sales to end users. A couple of months go by and a friend of mine in Australia who also likes these cars, and knows I am making parts for them, sent me screenshots of a conversation between him and this person that had made the facebook post. He basically acted like the parts were available and ready to be sold and wanted to make a deal, but my friend obviously didn't and reported to me instead. I also sent this to my contact and he assured me it would be dealt with, I also used this as leverage to get a more fair agreement to pay the remaining mold fees since the risk is much higher now. After this things have been progressing smoothly and we have been testing samples and adjusting them etc. until just yesterday when i received a screenshot from my friend that showed someone in a different car group posting a picture of a part saying they received it. It was undoubtedly mine, and my friend was a moderator and thankfully got the post taken down and found out who this person bought the part from and it was the same person as before. It seems that for the time being, this person is only selling or contacting people in australia, at least that i know of. Although frustrating, in the grand scheme of things I dont think small sales like this will have that much of an effect once we get the parts and begin selling and marketing but what I worry about is if it gets worse and spreads, and they become more bold. I am looking for advice from people in this field, since I am relatively new. Is this standard business procedure over there? is it an acceptable loss that I have to factor in? Moving forward, what can I do to prevent things like this from happening, if anything? Any advice on this subject would be greatly appreciated, thanks! [link] [comments] |
| Posted: 12 Dec 2021 08:37 PM PST Does an owners draw need to be by check? Can I do a transfer? I've been waiting on business checks they have taken a while to come [link] [comments] |
| Posted: 12 Dec 2021 04:37 PM PST I just started my first business, its a corner store in a suburb disconnected from the rest of the city I am the only person that sells food unless you drive for 15 minutes. The suburb population is around 300, I have been open for 3 days and over those days l have had a net revenue of 520 AUD. Is this something that will pick up over time? Or have i made a mistake in targeting such a small group of people? Any ideas that I can do to improve my revenue? [link] [comments] |
| Posted: 12 Dec 2021 08:00 PM PST Hi, We have created a web app and our target customers are restaurants(Dine-in). We currntly have two clients but we can't find more restaurants interested in our product. We have reached out to about 100 restaurants so far but did not hear back. How should we find more clients? Thank you [link] [comments] |
| Started new welding/fabrication business (mostly modifying cars). How to find customers? Posted: 12 Dec 2021 07:15 PM PST Quit my job, rented a place, have pretty much all necessary equipment and a very dedicated employee whom I'm teaching now. Right now I am promoting my business through Instagram. I'm looking for local car meets groups and dm'ing their followers manually. I have a template message and sending the same message to people who's cars I find interesting to work on. I'm also thinking about providing a normal mechanical maintenance and I have a guys who work for other shops but are willing to work overtime in my shop. Need some help to create a constant flow of customers. P.S. I can also provide any service that includes welding. [link] [comments] |
| Posted: 12 Dec 2021 07:09 PM PST Again, I'm not looking for a reasons why I shouldn't be careful about others taking the idea (I understand and agree with that in most cases, and it's not the greatest, coolest idea in the world, but I still prefer to be careful about this one.) So far I plan to build an MVP using a low-code platform. I have experience building a couple mobile apps (using low-code apps), websites and social media content creation/marketing. At that point, I want to launch while giving off the impression that it is an well-established company (without lying), by relying on good branding and marketing. Aside from digital marketing, I plan to reach out to people door-to-door and telemarketing to get my first 200-1000 users, and establish a good base. Simplified process but that's the general idea to start. Is it better to go out and look for investors to scale faster? In this day and age, can a small team of 2-3 people become the next Snapchat or Airbnb? If it is as good as I hope, is it more likely I'll be crushed by a team bigger and better? [link] [comments] |
| What benefits do you leave behind when quitting corporate? Posted: 12 Dec 2021 11:28 AM PST I am a young adult who is planning on quitting their full-time job to grow their side hustle. What benefits will I no longer reap from working a corporate job? Off the top of my head I can think of: 1. Consistent Salary 2. Health Insurance 3. 401k Match 4. Corporate Network (socializing in the office, meeting new people, etc.) 5. Corporate Schedule (I will have to structure my freetime and build my own personal commitments) Are there any other benefits I'm missing? [link] [comments] |
| Posted: 12 Dec 2021 05:50 PM PST I'm not sure how this would actually be executable, as I have not thoroughly thought out the small details. However, the idea is basically a platform where people can post problems and/or potential solutions, along with some amount of money that would be used for all the funding. After that, other people can contribute to the funding and add to the idea if they think it is interesting. From there, the platform would act as a sort of job board for potential entrepreneurs. They would be tasked with bringing the idea to life using the funding provided by the people—that way you allow for developers to focus solely on developing. I was thinking of implementing some type of voting system where everyone can collectively decide what changes will be made, deciding who to hire, etc. I guess the hard part would be figuring out how to distribute equity amongst all contributors & builders. I don't know if there's a platform like this that exists already. I thought of Kickstarter, but to my knowledge that's for projects that are already in development. I guess I'm thinking a hybrid between Go Fund Me + Kickstarter? I have no idea where to start, whether the idea is a good one, or who'd be interested in such a platform. However, I felt like sharing anyways. [link] [comments] |
| Is an angel investor what I need? Posted: 12 Dec 2021 04:40 PM PST This might be a bit outside the normal type of posts. I have a house with a decent lot in a city with almost no available rental units. I'd like to knock it down to build 6 rental units. I have plans, permits and a contractor but the banks have said I don't have enough equity for them to be interested. I'm planning on selling right after the construction is completed so the interest rate isn't even a factor. Would this be a time to seek an angel investor? [link] [comments] |
| Looking to make the leap to self employed Posted: 12 Dec 2021 04:35 PM PST I work in marketing as a full time employee covering the full mix, and I've recently gotten a side-gig as a semi-pro musician at weekends. Furlough has already shown I can pretty much keep up with their needs and still champion new projects on 2-3 days a week. I want to negotiate moving to a contracted position with my employer as my main client, and start working freelance. I'm anxious about overreaching, and opening up my position to replacement; and also to being talked down into less favourable terms during negotiation. I feel I could really use some help from people who have been through or understand similar situations to give me an idea of what to expect, what is reasonable to ask for, and what I should bring to the table. I'm currently earning £27.5kpa in the north of England, 5 days in office @ 37hrs/wk [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