Thank you Thursday! - December 16, 2021 Entrepreneur |
- Thank you Thursday! - December 16, 2021
- I'm full of sh*t. Anyone else?
- I want to start building my first website, but I'm hung up on some details. Any advice?
- Fuck professionalism! I made a drag and drop website builder, but for garish, unprofessional/weird and creative sites! Kinda like GeoCities in 2021. My dream is to pursue this full-time. What do you think?
- "Do things that don't scale" and 4 other principles for creating software that people love.
- With all the tech billionaires dominating the market, is it possible that other tech entrepreneurs can thrive?
- Who do they mean exactly by taking risks in order to be successful?
- Name ideas for Intranet?
- When did you know the project you were working at had no future? What did you do after that, did you pursue a 9-5 avg job or we’re still addicted to coming up with new businesses?
- What are some skills that generate income ?
- How to Make Online Courses, Webinars, Live Lessons Faster with No-Code
- A podcast is a great tool for entrepreneurs to build a community
- What strategies can be used to kickstart an app that requires users?
- Looking to purchase a few large rental tents, supplier ideas?
- Is it normal for business insurance to require that subcontractors also have business insurance?
- You have 50,000 USD to invest in creating passive income, how would you do it
- Thumbnail Artist looking for work
- 3 Simple SEO Tips
- How to advertise your online business in a fast and organic way?��
- When Should You Apply to Become a Business?
- You just found out that you won $600,000 and you can only buy a small business with that money. You have a minute to decide the industry, what is it?
- Newsletter in financial niche?
- Technology Workflow Question
- After two months on Shopify, I've made over 120 transactions, acquired 200 emails, and am up to 500 Instagram followers and 200 Facebook likes. All thanks to Youtube, Tiktok influencers, and ModeMagic.
- Lost another bid based solely on cost.
- Do you think there is demand for my skill? (Consulting for FX hedging strategies)
| Thank you Thursday! - December 16, 2021 Posted: 16 Dec 2021 02:00 AM PST Your opportunity to thank the /r/Entrepreneur community by offering free stuff, contests, discounts, electronic courses, ebooks and the best deals you know of. Please consolidate such offers 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] |
| I'm full of sh*t. Anyone else? Posted: 15 Dec 2021 11:45 AM PST I was reading a post by some dude on this sub yesterday. He seemed to be trying out some sort of brash persona where he was being flippant about how $10 million isn't enough and he wants to make real money. Then when people call him out on his BS, he got real aggressive. Just got me thinking how I'm full of shit too, just on a smaller scale. I answer questions fairly regularly, and in most cases try to insert some level of confidence. But the truth is most of the information I'm passing along is stuff that I've heard on a podcast or written on a blog somewhere. Very little of it is through personal experience. But the truth is, I've had 2 businesses that have been moderately successful in my life. Right place at the right time. Other than that I've had a whole bunch of failures. The successes I've had are not because I'm so much smarter than anyone else. Through lucky timing I had some opportunities present themselves and did the best I could. I guess the point of me posting this is to say to all the budding entrepreneurs out there, don't get discouraged by stuff you read on this and other small business subs. Most of us are full of shit. Nobody knows if your ideas are going to work or not. All I can say is develop some grit, know when something isn't working, and keep trying ideas until one hits. [link] [comments] |
| I want to start building my first website, but I'm hung up on some details. Any advice? Posted: 16 Dec 2021 07:19 AM PST I'm looking to start a blog in the personal care space and eventually sell my own products in the next 1-3 years. I've searched reddit and google, where many are recommending WordPress with woocommerce, however I've seen a lot of posts detailing security issues with WordPress as well as how it can be a monster if you don't know what you're doing and how much of a pain it is to convert an established website to Shopify or another hosting platform. The other option, more geared towards the long term, is Shopify Basic (security still being an issue with WordPress + Lite). My main point of contention with this is that I'll be paying $360-$1,080 before I even set up the shop functions for my future products. I don't imagine I'll be spending more than 10 hours a week on this (due to lack of discipline since I work 70 hours a week and spend my free-time working fixing up my house) to get enough ad or affiliate revenue from the blog to offset the hosting and domain costs. What are other good options or arguments for or against WordPress and Spotify? Thanks in advance. [link] [comments] |
| Posted: 15 Dec 2021 05:59 PM PST Live demo , if you guys wanna check it out! Let me know what you think! Edit - Forgot to mention: Here's some cool sites people have built with this platform: [link] [comments] |
| "Do things that don't scale" and 4 other principles for creating software that people love. Posted: 16 Dec 2021 03:10 AM PST Building software that people fall in love with is difficult. For every successful startup story on Forbes or TechCrunch, hundreds of talented, driven, and well-funded teams fail to meet their users' needs. A couple of times, the problem stems from the concept of the solution itself. Great teams put so much time and effort into products that really solve core problems for their target users. I share a few fundamental principles that our most successful clients have adopted to launch their products. Hopefully, you find this helpful as you build products for your users. Understand your audience, focus on the problems they face, not the solutions they suggest.This principle is illustrated in Henry Ford's quote, "If I asked people what they wanted, they would have said faster horses." Your audience understands their problem, which is going to places faster; however, they may not understand the full range of possible solutions. Therefore, they will choose the solution that is most obvious to them. Before building a solution, you must understand the problem of your target audience. That is why the easiest problems to solve are the ones you have experienced yourself. It's possible to solve someone else's problem. Naturally, you would interview your user to ask them about their needs and how best to solve them. In such a case, focus on the problem they face and not the solutions they suggest. If they ask for a feature, ask what problem that feature will solve for them. When you identify the problem, you can explore a range of solutions before settling on the best one. Slack is an example of a product that solved an internal problem for the founders. Slack was built as an internal communications tool for Tiny Speck while creating the online game Glitch. However, they found the tool useful for other startups and released it. In the first six months, nearly 16,000 users registered without any advertising. Solve the customer's core problem first and nothing elseWhen you have an idea, it's natural to imagine the fully-functional version of the product. It's tempting to set out building that from day one; however, it's not the smart way to start. When you create your first product, your focus should be to create a simple product that solves the core problems of your customers first and nothing else. An example of this is Airbnb. The founders started with an app that only connects guests with hosts. The transaction was done offline. It allowed the founders to validate the idea, learn and iterate the solution. This is why the concept of an MVP is super important. It is incredibly easy to build one even without code. With no-code tools, you can have your MVP made within a week or two, depending on the complexity of the solution. You can also speed up this process by outsourcing to no-code experts from WeLoveNoCode , so you focus on validating your idea. Here are the advantages of launching an MVP with no-code
Create a simple and lovable user experienceWhen it comes to tech, the first impression your customers get will determine if your product succeeds or not. If your customer has to spend more than 5 seconds before understanding your product and cannot intuitively navigate, then the chances of success will be slim. A simple yet delightful users experience is clean and will have a very specific call to action that can prompt users to solve their problems at first glance. One key to this is to build your user interface around what people are already familiar with. There is no need to reinvent the wheel; use what works already. Your user experience only begins with the product but doesn't end there. Build a product so good people talk about it. The initial success of your startup will largely depend on word-of-mouth; remember the Slack story? Do things that don't scaleIt seems counterintuitive to the whole point of building a software company, which is solving problems at scale with little or no extra cost. However, this concept was gotten from the iconic Paul Graham. It's the idea that when starting as a founder, you have to do many things manually to get customers, make them happy and improve the product. Obviously, it is not a long-term strategy, but you must start manually and then slowly automate those repetitive tasks to get things off the ground. Founders who take a proactive approach to user acquisition succeed long-term. Graham shared about Stripe's strategy. Usually, when you ask a potential user, "would you like to try my product?" and they respond with a yes, most founders say, "here's my link." However, Stripe founders took a different approach. As soon as you agreed, they would ask for your laptop and have it set up for you then and there. Another good example is Airbnb. During their host onboarding, they would get a photographer to take professional pictures of their apartments and list them on the website. In the beginning, it was a manual process, but as the company scaled and became mainstream, the process was automated and done by the property owners themselves. Your idea may be wrong, and that could be your advantageThe truth is that if your idea was perfect, there are a hundred other people with a similar idea who could have launched and been successful at it already. Your idea will be perfected through a series of nuanced learnings, which is the advantage. The only difference between success and failure will be the determination and perseverance to stay through, learn, and iterate. You could be right about the concept but be wrong about the target audience or the price point. You could be right about the message but get the communication channels wrong. The idea you envision will most likely not be the same as the optimal version of your product, so be ready to test and experiment. Airbnb founders didn't get traction o investment as soon as they launched. It took a couple of redesigns and experimentation before they gained traction. The goal is not to get traction on the first try which is hardly possible. Instead, the goal is to experiment and improve as quickly as possible. Thankfully, with technologies like no-code development, building a startup and testing ideas is faster than it ever was, and success is more likely than ever. Please add yours. I hope someone finds this useful. P.S: I originally shared this on our blog but thought it would be useful to entrepreneurs here. [link] [comments] |
| Posted: 16 Dec 2021 09:22 AM PST |
| Who do they mean exactly by taking risks in order to be successful? Posted: 16 Dec 2021 08:41 AM PST Ive been studying programming for a year now and I really enjoy it. I love it actually. My first few projects were really good and the people who i did it for loved it and were willing to pay. Lately ive been putting things together to be official and start getting more clients but i need more time. I want to be ready. I currently hate my job so much im willing to take a month off and focus on programming fulltime and more. I only have around 1k in bills and i have that much and more to cover it and every other little bill like gas. Itll only be for a month. Luckily, i can be able to come back after a month and go straight to work. Its just gonna take a hit to my savings. My mindset now is "fuck it!". Im 22 yrs old and willing to put in everything i got into this. Ive been studying everyday for a year. Im ready. I just need more time. I need time for designing and putting other pieces together. Is this the type of risks they're talking about? Also would you recommend this kind of action? My mental health sucks at this job and im afraid that if I find another job itll suck just as much or worse. Idk what to do. Advice please! [link] [comments] |
| Posted: 16 Dec 2021 08:22 AM PST I'm trying to come up with a name for a small intranet that I'm building out. We have some custom web apps that we've built over the years for our internal use that I'm bringing under one umbrella. I'm also adding a real basic staff directory and a place for our handbooks and branding stuff. Timesheets will most likely be here too. I'd like a name that doesn't sound too corporate or enterprise-ish. Something a tad interesting, not too long, trying to keep in short and sweet. My company creates written content around simple living. You can see our website here: thetinylife.com for ideas Anyone have any thoughts? [link] [comments] |
| Posted: 16 Dec 2021 05:09 AM PST That's it. These are two truly tough to ask and probably tougher to answer questions if you've lived through them. How did it go for you? I feel like any entrepreneur should prepare to have an answer to these even before starting their hustle! [link] [comments] |
| What are some skills that generate income ? Posted: 16 Dec 2021 10:39 AM PST Hey guys I'm a complete beginner I want to make some money online until I find a job what are some skills that can generate some money for me [link] [comments] |
| How to Make Online Courses, Webinars, Live Lessons Faster with No-Code Posted: 16 Dec 2021 08:22 AM PST E-learning is beneficial not only for professionals but also for a vast community of makers, who can earn by sharing their knowledge via:
No-Code tools can give you the flexibility and independence to build your own online course platform. This article shares some basics you need to know and the tool to create yours in minutes. https://welovenocode.com/blog/tpost/0c4nmgdha1-how-to-make-online-courses-webinars-live [link] [comments] |
| A podcast is a great tool for entrepreneurs to build a community Posted: 16 Dec 2021 10:28 AM PST |
| What strategies can be used to kickstart an app that requires users? Posted: 16 Dec 2021 06:26 AM PST Let's say I am building a dating app. Similar to Tinder or Bumble etc. How would I initially convince people to sign up when there are no users? Pay people to act like users? Create fake profiles and bots that imitate humans? Advertise it and wait for it to grow organically? Do you have any ideas? [link] [comments] |
| Looking to purchase a few large rental tents, supplier ideas? Posted: 16 Dec 2021 05:38 AM PST Does anyone here know a reputable large heavy duty tent supplier? Looking for a few 20'x40' and maybe one larger and smaller. I'm located in the Midwest. Thanks!! [link] [comments] |
| Is it normal for business insurance to require that subcontractors also have business insurance? Posted: 16 Dec 2021 11:18 AM PST Was applying for some business insurance and considered a company called Next Insurance. In their application, they state this. Basically, it asks that any sub-contractors I work with also have business insurance with coverage that is greater than or equal to mine. It also asks that I collect (and store) proof of their insurance before working with any subcontractor. This seems a bit overly restrictive in my opinion. I'd hate to not be able to hire a subcontractor because they were brand new in the business and couldn't afford biz insurance, or if they simply hadn't gotten around to setting it up yet. Any thoughts? [link] [comments] |
| You have 50,000 USD to invest in creating passive income, how would you do it Posted: 16 Dec 2021 11:11 AM PST Imagine you have a large amount of money, and you can take 50k without worry (can be less, down to 10,000) to put towards any startup project that'll provide passive income (hiring employees to do the work) What would you do? [link] [comments] |
| Thumbnail Artist looking for work Posted: 16 Dec 2021 11:06 AM PST Need a thumbnail/ad image? Send a message. $20 for one or $50 for three. Examples on my page. [link] [comments] |
| Posted: 16 Dec 2021 10:39 AM PST Hey there, my name is Tiago and I am the host of Wannabe Entrepreneur I just published my chat with the SEO wizard Roberto Robles 🧙♂️ . He has been working in SEO for more than 15 years and what he teaches in our chat is really useful for indie makers and small entrepreneurs... Here are my three lessons from my SEO chat with Roberto: 1- Pick one Keyword per page SEO keywords are the words and phrases in your website that make it possible for people to find your content via search engines. You should define one keyword per page and use them in your h1 tags. Let's say you have a Twitter analytics tool, your home page keyword could be Twitter. However, the product page would have different keywords like analytics or dashboard. 2- The importance of backlinks A backlink is a link created when one website links to another. For Google to see you as an authority in your topic is crucial that websites in the same field link to your content. A simple way to achieve this is by adding content in the so-called "foundational websites" that allowed you to create backlinks (indie hackers is one of them but Twitter is not). 3- Use on-page optimization tools These page optimization tools point out many improvement areas in your page that will help you rank better. This includes: metatags, page speed, load speed, images, etc... These are just 3 simple tips from our chat but if you are a bootstrapper I really recommend you to listen to the full chat because there are many other SEO topics covered. [link] [comments] |
| How to advertise your online business in a fast and organic way?�� Posted: 16 Dec 2021 10:33 AM PST Use "short form videos" 1)Tiktok 2)Reels 3)Snapchat Spotlight 4)Pinterest idea pins 5)Youtube shorts All these platforms are pushing these videos alot. You don't need to create every video for every platform.Just repurpose it.😉 (Post the same video on all platforms) Lol every one are doing the same thing tho🤷 But guys be consistent in posting.Even 1-3 days can decrease your engagement. It doesn't need to be perfect but it must be posted that's it.✅ And make only 15 min videos though there is accessibility for 30 sec videos.Because 15 sec videos are reaching more. Hope this helps😄 I help small business owners to grow their business online. If you want to develop your business I would like to solve your problems for free(except technical issues).you can dm me🙌 Like I was learning about online marketing since 10months and I want to apply it by giving the suggestions of doing best practices. Checkout my website or Instagram in bio.😊 [link] [comments] |
| When Should You Apply to Become a Business? Posted: 16 Dec 2021 01:34 AM PST I tried researching this information online, but it wasn't very clear. When should I apply to become a business? Is it when I make my first sale? Is it when I start spending money on the business/brand? For reference, we are a music brand with an online presence only (no physical presence). We currently just have a bunch of social media platforms and are trying to grow it. We did not make any money yet, but the accounts are growing. What are your thoughts on this? [link] [comments] |
| Posted: 16 Dec 2021 05:41 AM PST |
| Newsletter in financial niche? Posted: 16 Dec 2021 09:15 AM PST I'm working in developing a newsletter based on a stock industry/specialized niche I follow. Has anyone done this or something similar before and what channels of monetizing did you use? I know financial themes are tricky due to regulations etc so I'm wondering if this is a dead-end even before I delve in too deep. Thanks. [link] [comments] |
| Posted: 16 Dec 2021 07:45 AM PST Should I ditch MacBook for iPad Pro? Entrepreneurs I'm 32 now and have always been a backend developer. With the abilities to get stuff done if needed on the front end. I'm NOT a designer by any means but I can fake it decently lol. Well I left corporate and the past 3 years I've now owned a Salon… Things have changed a lot… my money has been saved and now my new business idea/investment is now involving me using tech again as I'm launching and manufacturing a beauty brand… Which means I need to create prototypes, designs, packaging, marketing material, website , bookkeeping etc… I'm an old school and corporate so have only used Adobe Suites exclusively on my workhorse PC. DaVinci for editing, sketch up/auto desk for CAD/BIM . I know what I need to do and know how to get it done FAST with Adobe on my PC: 34 inch ultra wide with 1440p monitor. Flagship chip, flagship GPU… nothing it can't do really…. My wife has one as well so we got 2. It just takes up a ton of space and almost a choir to want to work on "creative/brainstorming" stuff. I have a 13 inch MacBook Pro… piece of paperweight trash sorry I'll get flamed for this but god I hate my laptop. Feels horrible to work on. Yes it'll work but if I'm ever in need of my laptop I spend 90% of my time trying to just do it on my IPhone Pro 12 Max and we know how limited IOS is… I've never used an iPad Pro… I've never used a product that could use a pen.. my old co-workers who were designers always looked cool using them and in theory thought it was neat but never actually watched their workflow or tried to "solve problems" with it. Like I said I'm old school, desk, triple monitor best of everything kinda guy… Laptops to me were mainly for on the fly coding and board meetings, client relations etc. Back end stuff. Hell I don't even do Wordpress with a laptop. I know all the cool kids used Canva and Procreate etc. Theirs a million apps on the AppStore. I've tried so many on my IPhone 13 pro max and have done a lot with the salon in terms of simple social media and marketing stuff but let's be real here I need professional grade stuff. Maybe I'm using apps wrong? Any suggestions on an app? Kids are telling me to try snapseed? TLDNR; I'm contemplating trading my MacBook Pro in and getting an Apple IPad Pro whatever the flagship is. My worry is that it uses IOS therefore I'm stuck with the same BS apps I've been use to for the past few years on my IPhone correct? Along with the limitations of the IOS system? I mean say what you want but it's not a computer? Or can it be? I want something portable that can keep me mobile and get at least 90% of the stuff I do on my PC done. Guys a who are Entrepreneurs and wear many hats… how's the workflow? Like on a professional level. Should I just get the iPad Pro? Or will this just be another iPhone and I'll have to end up using a computer for most things and just learn to "love" my MacBook [link] [comments] |
| Posted: 14 Dec 2021 11:10 PM PST It's not anything huge but it's a start. I think becoming profitable in your first two months is huge for any business startup! I've tried a few drop-shipping sites, but none of them have been particularly successful. My most recent one was a success, and I feel it was due to a new marketing strategy. I preferred YouTube influencers over Instagram influencers because YouTube videos are available for an indefinite period of time. More ROI; nevertheless, unless the video goes viral, it takes time to establish traction. Automation also made life so much easier. Except for Facebook and Instagram, which have their own scheduling features, I used PromoRepublic for social media. MailChimp for Newsletters. The utilization of Shopify apps is also a must. I use ModeMagic, which is essentially an automated store manager. It does automatic store updates across shop funnels, as well as inventory, discount, and sale automation, which refreshes the badges for discounts, new arrivals, and stock alerts automatically. Do any of you have more success stories or tips for new businesses? [link] [comments] |
| Lost another bid based solely on cost. Posted: 15 Dec 2021 11:34 AM PST Came here to vent a bit. I run a Drone Service Agency that specializes in the construction industry. Had the 5th largest construction company in the US reach out about time progression, cardinal shots and Orthos. I provided documentation of my work (demo reel) and I pricing proposal. The GM and project assistant loved it! Fast forward a week later and I receive an email stating that even though my work was superior to others. The company decided to go a "most cost efficient route". I know this shouldn't bother me and I have enough sales experience to know that you just can't close every deal. But can't shake the feeling of being the most qualified and still not earning the bid. If I sucked or didn't have enough experience for the project. Completely understandable. But I lost the deal because someone came in a few $$$ cheaper. I guess it is 5 o'clock somewhere! Ok rant over. [link] [comments] |
| Do you think there is demand for my skill? (Consulting for FX hedging strategies) Posted: 16 Dec 2021 05:59 AM PST Hello r/Entrepreneur In my company I was responsible for hedging cash flows in foreign currencies. As a global company, huge amounts in the tens of millions of dollars were turned over and contracted in different currencies on a daily basis. The company was therefore highly exposed to exchange rate fluctuations. The company I worked for consisted of several business units in different industries, and my job was to develop individual hedging strategies for each business unit and hedge the cash flows accordingly. Some business units needed to hedge each individual cash flow to allocate currency effects to individual projects/cost centers. Other businesses hedged their risk on a global basis. The hedging was done by a varying set of financial instruments such as spot deals or forwards. I have thought about using my skills to advise other (perhaps mid-sized) companies. I imagine that many companies work with foreign currencies and are therefore exposed to exchange rate risks. Do you think there is a demand for my knowledge or do companies take care of it themselves? [link] [comments] |
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