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The Entrepreneur / Business Owner's / Self Employed Lounge

The Entrepreneur / Business Owner's / Self Employed Lounge

Sold 12 more of my niche sites to my buddy in Oslo. Last minute deal of 24K total for everything. Could have gotten more, but really wanted to be done with them

Last year I sold a few on Flippa which was a shitty experience. Just try to do business with real people that you know. It should feel effortless

Back to the basics now
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The Entrepreneur / Business Owner's / Self Employed Lounge

Quote: (10-25-2017 03:09 PM)redbeard Wrote:  

Quote: (10-25-2017 02:09 PM)Ski pro Wrote:  

Does anyone have any recommmendations for some invoicing software or an app or something like that.

I need something that will generate a receipt for the client after they have made their purchase and then if it could generate an email to the customer to go with it that would be even better.

Anyone know of anything like that?

Ps. To all the rvf entrepreneurs, keep at it. The road you've chosen is hard but sometimes you have to chose to do the hard thing.

I use Freshbooks. Love it.

Thank you for this
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The Entrepreneur / Business Owner's / Self Employed Lounge

Quote: (10-25-2017 10:42 PM)redbeard Wrote:  

NEVER host a domain on HostGator, holy shit. My contract was up and I decided to leave for SiteGround. SG offered a cheaper package and I heard their speeds are top notch. I didn't even have a problem with HostGator until I tried to leave.

Now that I'm dealing with HostGator customer support, holy shit these guys suck ass. They wanted $25 for a backup. Nope!

You'd be surprised how much big organizations will pay for backup
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The Entrepreneur / Business Owner's / Self Employed Lounge

Hey fellas,

Need advice on how to start an OCR tech company in my home country. I have a business but no tech background, I have been brainstorming about this idea for a few days now highlighting different challenges with security, human resource, cloud computing, VPN and scaling this to a viable project.

Anyone with experience doing this sort of thing with a few pointers.

Thanks
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The Entrepreneur / Business Owner's / Self Employed Lounge

What is an OCR tech company?
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The Entrepreneur / Business Owner's / Self Employed Lounge

Is OCR Optical Character Recognition Kofi?
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The Entrepreneur / Business Owner's / Self Employed Lounge

Yes Mrtickle it is.
It's basically scaling all communications and internal business operations into a digital kind of likehaving paperless solutions reducing on waste.

Have you done this before?
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The Entrepreneur / Business Owner's / Self Employed Lounge

Quote: (10-29-2017 02:31 PM)Kofi Wrote:  

Yes Mrtickle it is.
It's basically scaling all communications and internal business operations into a digital kind of likehaving paperless solutions reducing on waste.

Have you done this before?

Not at any level to offer meaningful advice in terms of running a business. I am aware of companies in the UK that 10 years ago would offer to file docs off site thus freeing up office space. They would target accountants and lawyers as their prime business. They now offer services where docs are no longer off site but digitised (via OCR). I couldn't tell you how accurate that stuff is or how popular it is.

I've never needed the service for my business as most communication is email and therefore digitised in the first place. I would guess that is true for most modern businesses. So the only thing that I can think of is that a potential target audience must be businesses/organisations that are long established (20 years plus) and have a need to scan historical records.
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The Entrepreneur / Business Owner's / Self Employed Lounge

Recommend a book on webdesign, not the technical, but the design aspect? All that basic stuff you'd learn in a design course, size, color, font, etc.
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The Entrepreneur / Business Owner's / Self Employed Lounge

Hi all

I want to boost the number of people that 'like' my business home page of Facebook. Currently it's only about 160 or so which looks pretty amateur.

Anyone can point me in the right direction?
Thanks
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The Entrepreneur / Business Owner's / Self Employed Lounge

So late last month I pitched a couple VCs for the seed funding of a project I have been bootstrapping for the last 6 months or so. Got a bit of interest, but the primary feedback was that I needed some customer data/pre-sales.

This week, I start reaching out and talking to the marketing directors of massive multinational companies, to try to pitch them/get their feedback.

New things!
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The Entrepreneur / Business Owner's / Self Employed Lounge

Quote: (11-04-2017 03:09 PM)Ski pro Wrote:  

Hi all

I want to boost the number of people that 'like' my business home page of Facebook. Currently it's only about 160 or so which looks pretty amateur.

Anyone can point me in the right direction?
Thanks

Do you want real people or just have it look good?

If you just want to have 1k likes to look good you can just pay some indians to do it.
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The Entrepreneur / Business Owner's / Self Employed Lounge

I'm getting ready to start a new venture (preparing, actually getting rolling in 2018) and I'm feeling nervous and jumpity for some odd reason.

I can talk fine to CIOs of 10,000 person organizations fine on the phone and sell to them...but its odd this makes me nervous.
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The Entrepreneur / Business Owner's / Self Employed Lounge

The frustrating thing about being self-employed is so much is still dependent on other people and them either buying your product or agreeing with your point of view.

It's not like running a marathon or weightlifting where your ambition is directly in your hands. You can't force clients to agree with you or move at your speed it sucks. So many men who make decisions are older with families and well-off to the point where they don't act with a sense of urgency or expediency it's frustrating as fuck.

For example, I guarantee anyone trying to get anything done Nov.18-30th will take twice as long simply because the cocksucker you're trying to do business with is going to be mentally checked out due to some family event or some shit. I hate it. Ultimately you can only move as fast as your clients can mentally accept.

The world changes fast as fuck and some of the older guys who run companies you'll deal with have already 'made it' and don't share your urgency.
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The Entrepreneur / Business Owner's / Self Employed Lounge

Anybody doing real estate investing especially in Chicago area?

"Don't let yourself get attached to anything you are not willing to walk out on in 30 seconds flat if you feel the heat around the corner."
- Heat

"That's the difference between you and me. You wanna lose small, I wanna win big."
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The Entrepreneur / Business Owner's / Self Employed Lounge

Quote: (11-06-2017 12:54 AM)Disco_Volante Wrote:  

The frustrating thing about being self-employed is so much is still dependent on other people and them either buying your product or agreeing with your point of view.

It's not like running a marathon or weightlifting where your ambition is directly in your hands. You can't force clients to agree with you or move at your speed it sucks. So many men who make decisions are older with families and well-off to the point where they don't act with a sense of urgency or expediency it's frustrating as fuck.

For example, I guarantee anyone trying to get anything done Nov.18-30th will take twice as long simply because the cocksucker you're trying to do business with is going to be mentally checked out due to some family event or some shit. I hate it. Ultimately you can only move as fast as your clients can mentally accept.

The world changes fast as fuck and some of the older guys who run companies you'll deal with have already 'made it' and don't share your urgency.

If you think that is bad try selling to large organizations.

Deals can quite literally take years.
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The Entrepreneur / Business Owner's / Self Employed Lounge

Quote: (11-06-2017 01:04 AM)bgbusiness Wrote:  

Anybody doing real estate investing especially in Chicago area?

What's your take on the blighted / depopulating areas of the midwest? Any hope?
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The Entrepreneur / Business Owner's / Self Employed Lounge

Quote: (11-04-2017 03:09 PM)Ski pro Wrote:  

Hi all

I want to boost the number of people that 'like' my business home page of Facebook. Currently it's only about 160 or so which looks pretty amateur.

Anyone can point me in the right direction?
Thanks

Temporarily - you can buy followers on Fiverr, just for glamour purposes, but people will see through your shit since you'll have zero engagement.

Long term, run brand awareness/lead generation ads (depends on your biz) to get new clients. As a by product of new business they'll click through to your page, and if you have consistently good content, they'll like your page and stick around.

You can run ads to people who like your page as lead nurturing process too.
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The Entrepreneur / Business Owner's / Self Employed Lounge

Quote: (11-06-2017 12:54 AM)Disco_Volante Wrote:  

The frustrating thing about being self-employed is so much is still dependent on other people and them either buying your product or agreeing with your point of view.

It's not like running a marathon or weightlifting where your ambition is directly in your hands. You can't force clients to agree with you or move at your speed it sucks. So many men who make decisions are older with families and well-off to the point where they don't act with a sense of urgency or expediency it's frustrating as fuck.

For example, I guarantee anyone trying to get anything done Nov.18-30th will take twice as long simply because the cocksucker you're trying to do business with is going to be mentally checked out due to some family event or some shit. I hate it. Ultimately you can only move as fast as your clients can mentally accept.

The world changes fast as fuck and some of the older guys who run companies you'll deal with have already 'made it' and don't share your urgency.

It absolutely drives me nuts dealing with people like this.

It recently took a MONTH to get an answer out of someone for a hotel I wanted to book. I'm literally trying to give this guy money and it takes a FUCKING MONTH for him to get back to me (and say no).

It's because mostly the gatekeepers for this kind if things are employees. They have an employee mindset that doesn't match ours entrepreneurial one. Double that up with your own red pill mindset and it's enough to drive you crazy.

It's very hard to find likeminded people to do business with.
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The Entrepreneur / Business Owner's / Self Employed Lounge

Quote: (11-06-2017 02:54 PM)redbeard Wrote:  

Quote: (11-04-2017 03:09 PM)Ski pro Wrote:  

Hi all

I want to boost the number of people that 'like' my business home page of Facebook. Currently it's only about 160 or so which looks pretty amateur.

Anyone can point me in the right direction?
Thanks

Temporarily - you can buy followers on Fiverr, just for glamour purposes, but people will see through your shit since you'll have zero engagement.

Long term, run brand awareness/lead generation ads (depends on your biz) to get new clients. As a by product of new business they'll click through to your page, and if you have consistently good content, they'll like your page and stick around.

You can run ads to people who like your page as lead nurturing process too.

Thanks for the info. In your opinion, it's better to grow this kind of thing organically?
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The Entrepreneur / Business Owner's / Self Employed Lounge

Quote: (11-06-2017 01:16 PM)Off The Reservation Wrote:  

Quote: (11-06-2017 01:04 AM)bgbusiness Wrote:  

Anybody doing real estate investing especially in Chicago area?

What's your take on the blighted / depopulating areas of the midwest? Any hope?

Although the NW suburbs of Chicago are booming and developing steadily, inner cities sides are also developing with gentrification and crime/drug associated events are fading away, I wouldn't invest in any of those depopulating areas.

No hope in the near future. Maybe in 5 ~ 10 years where ghetto areas are wiped out and they become "clean". Kind of like Brooklyn in NY.

Nevertheless, there are so many opportunities, the pricing of houses have been going up a lot last 10 years. If you have purchased any of houses you would have made decent amount of money in Chicago.

I am not Grant Cardone or Stephen Ross who are geniuses in real estate, but I can see so many opportunities that I missed and people are missing. It's there. It's apparently there. I wish I had more money to invest.

"Don't let yourself get attached to anything you are not willing to walk out on in 30 seconds flat if you feel the heat around the corner."
- Heat

"That's the difference between you and me. You wanna lose small, I wanna win big."
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The Entrepreneur / Business Owner's / Self Employed Lounge

Is here somebody who does affiliate/dropshipping in Poland or Polish sites?

"Love your life, perfect your life, beautify all things in your life. Seek to make your life long and its purpose in the service of your people."
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The Entrepreneur / Business Owner's / Self Employed Lounge

Quote: (11-10-2017 03:00 AM)EndsExpect Wrote:  

I started a business a while back where I get young fashion designers to partner with me and then I get their designs made overseas, bring it back to the US and sell it. My problem is that unless you place huge orders it's about a 50% chance they will screw you on the quality in Vietnam where I have been manufacturing. I'm still deciding what direction to take this.

It sounds like you need an employee based in Vietnam who can show up and do random factory inspections to ensure that things are being done correctly on all your orders.

I'm the King of Beijing!
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The Entrepreneur / Business Owner's / Self Employed Lounge

Quote: (11-10-2017 03:54 AM)Suits Wrote:  

Quote: (11-10-2017 03:00 AM)EndsExpect Wrote:  

I started a business a while back where I get young fashion designers to partner with me and then I get their designs made overseas, bring it back to the US and sell it. My problem is that unless you place huge orders it's about a 50% chance they will screw you on the quality in Vietnam where I have been manufacturing. I'm still deciding what direction to take this.
It sounds like you need an employee based in Vietnam who can show up and do random factory inspections to ensure that things are being done correctly on all your orders.

I paid a guy that works for Decathalon to do this. It worked the first time, the second time I believe the manufacturer paid him under the table to screw me. The quality was not what we paid for and he claimed ignorance.

I have really come to the conclusion that I have to learn the language and handle this myself until I have enough money and people I can 100% trust.
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The Entrepreneur / Business Owner's / Self Employed Lounge

Quote: (11-10-2017 10:22 AM)EndsExpect Wrote:  

Quote: (11-10-2017 03:54 AM)Suits Wrote:  

Quote: (11-10-2017 03:00 AM)EndsExpect Wrote:  

I started a business a while back where I get young fashion designers to partner with me and then I get their designs made overseas, bring it back to the US and sell it. My problem is that unless you place huge orders it's about a 50% chance they will screw you on the quality in Vietnam where I have been manufacturing. I'm still deciding what direction to take this.
It sounds like you need an employee based in Vietnam who can show up and do random factory inspections to ensure that things are being done correctly on all your orders.

I paid a guy that works for Decathalon to do this. It worked the first time, the second time I believe the manufacturer paid him under the table to screw me. The quality was not what we paid for and he claimed ignorance.

I have really come to the conclusion that I have to learn the language and handle this myself until I have enough money and people I can 100% trust.

I should have specified that this person could not be a local.

I'm the King of Beijing!
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