/biz/ - Business & Finance

Let's hope crypto doesn't take a shit and prune us.

PAGE 7 BUMP DAMNNNN

Appreciate the effort Anon
Have a bump, I'm a filthy phoneposter so can't contribute much

>>12279045
What does this thread do?

>>12279100
OP related. It's just to share knowledge.

Nice post. I'm thinking about working part time at a social media agency for 5-6 months and than start my own if I like it. I'm still studying tho, so it will be on the side. I mean marketing is a great skill u can use for every business so even if it sucks i learned.

>>12279663
>and than start my own if I like it
You by far underestimate the amount of work and understanding social media takes to execute properly.

Do you have experience running a business? Sales? Promotions? Consulting for your clients? Managing people and projects?

These threads are awful and are full of tripfags discouraging people from taking their first steps. I hope that everyone in these threads leaves /biz/ in 2019. To any curious anon, don't post here

See
>>12279804
I fucking hate this mong. He always bogs everyone down with negative shit. And I know it's him because he's a tripfag. Stay away from these threads as they are autism. They are the same kind of autism as /gfd/ (gentle femdom) on /d/

There's an abandoned storage facility in my town. There's no name on the outside of the buildings or anything. How would I go about finding the person who owns it and making an offer to buy it from them?

>>12279825
you sound like somebody who had a stupid idea and came onto biz to feel confident and then got shot down by the tripfags cause it was dumb. haha stay mad bro.

>>12279804
Experience running a business:
Seller on a amazon like platform, not much but at least did the formal stuff and buying, selling, shipping, costumer service. Also, once it has to be your first business you understand that?

Sales?
I am a pretty confident guy. Not the greatest salesman. Learn as I go.

Promotions?
I will do social media marketing ofcourse i'll have to do that well. It's my job.

Consulting
Yes, it is the job. If i have the knowledge i will be able to share it well. Its natural for me.

Managing
People are though. I'll try my best. Maybe im too harsh for people, good to think about. I'll probably be alone at first tho.

No capital required, so if it doesn't come off the ground. Well, it sucks. And i go do something else. So yeah... It's true that it will be hard but so is anything great in life.

>>12279828
my guy

>>12279825
>discouraging people from taking their first steps
Going into social media agency work is a good idea, and I fully endorse it. At the same time, starting your own agency in half a year is completely unrealistic, and not feasible.

Shit, anon will be lucky if he learns good copy practices while working at an agency in the first place, not even talking about all the other skills needed for running a business.

>He always bogs everyone down with negative shit.
Or consider this otherwise: anon now knows what to study in his free time to actually make his plan more possible. and realistic.

>>12279929
This. Most people don't realize how much effort and investment is required to actually bring in money.

>>12279835
You can probably find them through their property tax records, which is publicly available.

>>12279936
r e d d i t gold for you good sir!

>>12279936
I'm already learning a lot on the go from just the internet. And you are right i don't exactly know, if i need to work there 5 years to really get it I will. Or i will say its not my industry. Thanks for feedback.

>>12279951
hey, bro your not completely useless! your bumping this thread of knowledge, and I appreciate that. We get pruned way to quick by shitcoins
>>12279955
Keep us updated bro, sounds like a great learning experience

>>12279935
>Seller on a amazon like platform
Eeeesh. I hope you built systems.

>Sales
Start with Grant Cardone and Zig Ziglar. Two very different approaches, but both can work for the right personality type.

>I will do social media marketing ofcourse i'll have to do that well. It's my job.
lolno
You're by far overestimating the quality of work produced by 'agencies'.

>>12279955
What you might want to seriously consider is offering to teach business skills you already have over your Facebook/ social media profiles, to test things out and see if constant posting, finding new angles, and including promotions is to your liking.

I've been building up a small coaching group that I'll be starting in Jan, completely organically by just posting a shit-ton about relevant topics and adding a CTA. I'm far from a social media person, and honestly, it's a drain, mentally and emotionally, but it works.

If you have the personality for it, you can absolutely make a killing.

>>12279996
I will look into those. Honestly i didn't even think about learning sales on the internet.

I watch a lot of garyvee for the marketing stuff I think it is really intersting when you cut through the bullshit he does to reach a large audience.

Doing good. I might do that after i had some business succes. Not too sound like a total pussy. But putting myself out there with nothing achieved yet. Although i know it is right, still is the biggest hurdle i have to take.

Very interesting keep it up.

Considering becoming an Amazon fba seller. I actually just signed up today. Im hoping to private label a product from alibaba or something.

Does anyone have experience with amazon fba or commerce?

I have a business idea which involves a substantial amount of software dev.

I'm not a professional dev but did code in my teens (C/C++), so just retaught myself front end shit.

How should I go about approaching devs for the back end stuff? I don't want to be pajeeted - maybe keep it local and try to bring them into the company with share options / incentives?

>>12280386
It depends where are you based?

>>12280433

UK

Currently have me and a colleague from my wageslave job on board (he quit for pastures greener, I'm still at same firm).

Atm I am doing the initial dev shit, but obviously limited by my technical capabilities. He knows the industry well and more of the non-dev product specific stuff.

Goal is for have MVP up by Spring so we can go in for funding and both quit our day jobs and go full time into this instead of being wagie ragies. At the minute we have contacts with a local software house that do this type of work but they charge shitloads and will probably slow stuff down versus having a specific person on board.

>>12280386
>How should I go about approaching devs for the back end stuff?
Not sure how it works in software, but you have to ask yourself two very important questions.
- Is this a one-and-done development deal, or is this an ongoing development project?
- Are you willing to part with a significant portion of all income , or would you rather pay them more up-front?

This matters a lot because the criteria for whom you want to hire will change dramatically. For long-term, personality matters more than skill -- are they people you can trust? Are they going to play with lawyers? How much padding do you need to get your thing done?

You'll also need to consider their ability to communicate -- a guy can be brilliant, but completely destroy a project because of autism. Are they coachable?

Also, how are they about copyright transfer? What licensing are you going to use?

Those are all questions that intrinsically deal with whom you'll want to choose to work with, so that your project moves forward and doesn't end up sabotaged.

Now, for clarity -- I've worked as a contracted software developer, and I can tell you straight up, if you just need something that "works", you can hire almost anyone with a brain, and you'll be fine.

But if you're looking for ongoing work, you've got tough choices ahead of you.

>>12280465
There are many good devs in USA pretty much every state. You could outsource there. I dont know anything about the uk but im sure there are local devs.
If you are interested in outsourcing i may be able to help

Is DNA testing like 23 and me and possibility?
Thinking of doing something like this considering that I'm majoring in a field of human biology. I wonder how hard it is to get people's DNA sequenced and data processed. I'll have to hire CS majors and bioinformatics majors. Is it feasible? I think it's an upcoming industry.
I'm not gonna sell ancestry but there's potential in other ideas

>>12280630
Not unless you have massive capital.

>>12280678
Why is that?

>>12280696
How cheap can you get equipment, qualified hires, lawyers, compliance, and licensing for all the software you'll be using?

oof DRC you're really bumping this thread keep it up, let's get those 3 digit replies back! i got greentext to work on the forum thoo. so keep a lookout on that either later today or early morning tmmr

>>12280744
I'm actually going to sleep. Have a large move tomorrow morning, and it's 3AM here.

Bump

>>12278549
bampu

what have my /entg/ bros been up too?

Is it too late to jump into the blogging train or has that shit long sailed?

>ATMs
>POS Systems
>Slumlording

Somebody explain to me how you can get into theses with <$10k

More sidehustle than entrepreneurship, but how is delivery with Amazon flex?

>no people to deal with
>$17 an hour supposedly

Anyone have any experience with this?

>tfw I would be good at sales but I absolutely hate interacting with people at all
I'm almost 30 and this mental block is literally killing me

>>12281336
my friend's mom does this, and she says it's really comfy you practically pick your own routes and shit. But every normie wants to do this so it's probably oversaturated. Amazon pretty smart cause instead of hiring individuals they are giving portions of their delivers to private companies to deliver using their assets and branding and what not. But go for it, bro. Hopefully, you have a clean record though

BAMPUUU

>>12281419
what is it? do you just deliver stuff for amazon?

>>12280465
Remember that you are creating a mvp. Try not to sink too much money into the project before you know if it sinks or swims.

I don't know the complexity of the problem, but consider a technical co-founder. You'll have to offer a bit of equity, but it might be the difference between a shipped product and not.

Everybody is fullstack nowadays, which means there is a lot of bad developers. Be careful. Start of by checking out friends or friends friends.

Started selling small items I bought online locally.

I've made $52 profit in the last 2 weeks selling 3 items. Not really any labour involved besides the like 30 minutes of driving to deliver.

It's certainly harder to advertise a product than it is to find a product with profit potential. As I'm selling locally I was thinking about putting flyers on the local community board, local sales websites etc.

Any tips? Any books to read to learn how to sell a product, what products to avoid.

There is nothing entrepreneurial about this thread. Any anons coming here hoping for a good thread should just go search the archives for better business ideas than any of these larping tripfags will ever have.
The real people making money don't have time or inclination to be posting in a shitty thread like this, but they do post elsewhere for funsies.

Bumping with a question.
Did bionicfag an hero?

Bump

>>12278549
I'm leaving my job as a tradie next summer to attend university for engineering in September. Does anyone have any suggestions take make some money during school? The program runs all through the year so I won't get a summer to work and horde money

Oh my an actual business thread on /biz/
I'm running a social media management business, I need more clients though.
I'm thinking of running some kind of program where if you find me a paying customer you'll have half the first monthly payment they do and second month 25% or some shit. What would you guys do ?

Bump

>>12284481
What ? bionic fag is on his sabbatical from 4chin and entg . He want to establish his 3D printing biz , then come back to respond too everybody shitpost

>>12286159
Funnily enough my 2 first clients where from Tinder (IG thots)

>>12284270
This. From what I've seen all the actual successful entrepreneurs hang out on reddit.

/biz/ is only for crypto pajeets.

>>12286159
What kind of services does your social media management offer? Also are you doing it solo?

>>12286434
>>12284270
You act like you can only learn from the best in the world lmao. Not an entrepreneurial mindset. Can smell the wagie in you.

>>12280465

Software development is a clusterfuck to learn at the moment. You'll have to get really persistent and positive about gluing pieces of poor frameworks and different languages together.
But it's a great feeling if you can keep going through it until your website/software works properly!
Currently trying to make a functional website too.

>>12286159
>I need more clients though.
Simple solution. Search Facebook for pages in the niche you work in, and then email/ facebook message them your pitch.

All business problems are sales problems.

>I'm thinking of running some kind of program where if you find me a paying customer you'll have half the first monthly payment they do and second month 25% or some shit. What would you guys do ?
That's the lazy way of getting salespeople. The problem is, unless you're selling reasonably priced services (i.e. commissions at least in low 4 figures), you'll only get shitters and soccer moms who hope to get a buck.

Also remember that nobody will qualify your leads better than you -- it's your business, you need to have systems in place for this.

If you're on the Discord, message me, I'll be happy to help you out (gratis, no strings attached).

>>12280630

23 and me seems black mirrorish. You're literally giving up ownership of your dna to a company. They literally own your dna if you give it to them.

I’m not sure if there’s anyone that might be able to answer this here, but I’ll throw it out anyway.

How could I possibly advertise myself as a type of, “personal tutor”, or consultant (although I hate that term as it conjures a lot of connotations with it) for the purpose of submitting myself to guide you through anything - any yet-nascent business idea, logistical obstacle, or just simple questions about where to even begin - in crypto as a whole?

(boomers have stopped reading by this point, already typing out a bitter reply)

AMA and I can explain the particulars more in depth, but here are the cliff notes:
I never gave a shit about (((financial))) subject matters of any kind until crypto, which I got sucked into in summer 2017. Before that, I had just graduated in May with 2 engineering degrees...computers always interested me more than money.

But seeing Bitcoin hit $2200, and remembering how I bought one back in 2013 for $230, and then discovering the alt market and crazy new tech like Monero completely stole my focus away from finding a “real job”. I did eventually get one at Boeing but it fucking sucked and I was having the most fun of my life watching shitcoin charts all day anyway. Long story short I fell so far down the rabbit hole, I dedicated myself to learning trading from the ground up and eventually started freelancing on Upwork in April.

I feel like I have so much knowledge I could put to use, not just in trading but in everything involving crypto, engineering, etc. - basically combining and synthesizing all of them, since it’s such a new thing and everyone in it seems to come from all kinds of different fields. Particularly, I get the feeling that my NOT having had ANY kind of “traditional” financial experience puts me in a totally different category than a lot of the clueless know-it-alls who view crypto through an old, dirty, familiar lens. Obviously I’m no genius but it allows me to offer a totally unique perspective.

>>12287859
tl;dr:
Pretty much know everything about crypto. Want to do something, somehow, to use a little bit of that knowledge to do something useful for people that didn’t know they needed it. Have already done a bunch of freelancing work in multiple skill areas; but am a jack of all trades and master of none, so unsure how to market myself.

>>12287859
Basic answer is make a Udemy course/youtube channel.

Tougher is getting involved with a blockchain/bitcoin/crypto company, I've met some of these people before and they're always taken aback by how much I know about it. The same would go for you.

>>12287487
It's literally elites Google for finding genetic matches for themselves and a eugenics tool. You can yell conspiracy theory but there's enough in plain sight evidence to know that shit isn't just to help people find out about their families.

>>12287859
>How could I possibly advertise myself as a type of, “personal tutor”, or consultant (although I hate that term as it conjures a lot of connotations with it)

The word you're looking for is "coach".

>for the purpose of submitting myself to guide you through anything - any yet-nascent business idea, logistical obstacle, or just simple questions about where to even begin - in crypto as a whole?

TL;DR: you want to consult. Call yourself a consultant. Or a coach. Whatever. Doesn't truly matter.

The way you advertise yourself is always going to rely on three pillars. Market, Message, Media.

You want to find those who need/want your service, develop a message that will make them buy, and then deliver that message in media they already consume.

For the rest of your post, you seem to have the know-how down. What you're lacking is the advertising and sales skills to actually make that work for you.

>>12287886
What's your price point? What problems do you solve for the average business?

What's the benefit of hiring you in say, my situation?

>>12287923
>udemy/ youtube
Nope. Go where there's no competition.
Also, remember you'll be competing with already established financial advice businesses. What I'd recommend is going where the competition isn't.

As a quick example btw, for instance I think the utility of leveraged derivatives like on Bitmex are vastly misunderstood. I’d be willing to bet there are a staggering amount of boomers who would never dream of say, putting your bitcoin in a 1x short to achieve a “synthetic USD” effect. Simplifies taxes, cuts down on risk, and just overall makes the whole process flow of an investor’s day-to-day operations much easier and more convenient.

Other stuff would include employing some leverage, carefully calculated and specific to a desired amount of risk, to diversify your holdings and get away with keeping less of your assets on the exchange, while simultaneously freeing up a potentially huge chunk of your portfolio to not sit in limbo on that short position. I’ve experimented with scalping and optimizing returns in situations where volatility and other factors make it complicated to accurately gauge your risk...........idk. The list goes on but there is just too much information in my head of which I previously had no knowledge whatsoever, that I know there’s gotta be some way I can hit a fucking home run with it and monetize somehow.

>>12287956
What you seem to be aiming at can be conceptualized in two ways.

One, crypto financial advisory -- think high-ticket consulting starting at mid five figures. For that, you'll need a super-strong network, and reputation. Which is a long-term thing.

On the other hand, you have several other low-cost means of monetizing it. Think a financial publishing model; you find a strong opportunity, dress it in nice words, and sell it as a "premium report" product with an email subscription on top. Charge at ~$50, then $997, then $14997 as reference price-points, each building up both hype and value as much as possible.

Basically, entry, middle offer, all-things-ever offer.

The cost is significantly lower, but still not insignificant, since you need to figure out your traffic sources, and I guarantee that organic isn't going to be effective in the slightest.

Think Ad -> Advertorial -> Entry Offer -> Upsell -> Upsells through newsletter, with lots of 'news' and filler content that's entertaining and informative.

>>12279045
How did she take this photo?

>>12287956
Blog? It’s one of the best ways to monetize , most of the time

>>12288057
>It’s one of the best ways to monetize , most of the time

False. That's one of the most time and resource heavy way to monetize, and has little return, unless it's planned in a strong way, where the blog is little more than a very short passing point between ad and sale.

I mean sure, you can post large-volume to build authority and clout, but the reality is, it doesn't matter unless you have traffic, and even if you have traffic, selling such a high-ticket service isn't going to fit in well with a blog format.

What might be a good idea is to post shallow (i.e. don't give the secret sauce) insights and case studies, but even that isn't a realistic business plan for what Anon has.

Plus, very few people are actually competent at writing copy, so... yeah.

>>12284025
Back when Toys R Us filed for bankruptcy I tried my hand at re-selling legos I scooped up during all their closing sales. Invested $300 to buy enough legos and hired a friend to make a website for my "store" which I plugged on ebay and letgo. Managed to sell my entire inventory within weeks and made a near 40% return on my investment. Took very little time and effort -- might try the same strategy with clothes and other collectibles I find at garage sales but I'm going to need a warehouse because my apartment is a cluttered dump lol. My advice to you is to stay away from reselling technical appliances or mechanical parts unless you 100% have knowledge in whatever market they pertain to. I'm a NEET autist struggling to complete a marketing degree but I understand that legos are just about the only non-tech toy still in high demand and they only go up in value the older they are -- unlike certain tech which can be rendered obsolete within years of being introduced to the market. With that being said, I've been slowly selling my own personal collection (boomer funded nepotism and my ability to steal legos from my friends as a kid left me with an ungodly amount of rare legos) and have made an easy $3k over the last few years doing so. I still have over half my original collection and I intend to sit on those for as long as I can before selling.
>Any books to read to learn how to sell a product
I hate reading, bumping for any advice pertaining to this topic? Perhaps an entrepreneurial youtube channel?

>>12288244
>Any books to read to learn how to sell a product
Grant Cardone and Zig Ziglar. Just... consume everything they say, and pick the one that fits your personality better.

>bumping for any advice pertaining to this topic?
Happy to answer any questions. But let's start with the basics... how are you getting leads?

>Perhaps an entrepreneurial youtube channel
Honestly, youtube is by far the worst place to go for advice. If you want the real secret sauce, you'll want to either buy books, or invest in coaching. Sales and marketing are very strongly biased towards pay-to-play.

>>12287923
I actually did think about doing exactly that, the youtube idea. I’ve been wanting to try making a channel geared towards the normies who are clueless about crypto or finance in general, but want to learn it casually, without going to Tibet and training under CryptoCred himself in order to not lose money.
Not even talking like the tired old channel full of “Introduction to Using the RSI” type shit, copied & pasted a million times for different indicators- no I literally mean, “welcome you idiot, see this chart? See how it doesn’t want to go above this line? That’s called resistance etc...” something along those lines.
I just figure stuff like that would be so accessible in a subculture of this new technology where, despite being comprised of roughly 12 sweaty dudes who couldn’t tell you what a mutual fund was if you asked them - the majority of the “crypto celebrities” seem to enjoy overcomplicating everything and posting extravagant graphs of moon-phase TA and garbage like that. If the common Chad and Stacy had a source of video entertainment that held their attention for more than a few seconds and explained supply & demand in a nonchalant way - that could really be a gamechanger

Oh btw I feel you on the point about the “crypto companies” it’s scary and downright laughable once you talk to then and instantly start seeing the matrix all of sudden


>>12287946
Thank you sir.
If you had to boil this down to one piece of advice then, what would you say it’d be?
Networking maybe? I do have a decent smattering of linkedin connections who add everyone with the word “blockchain” in their headline, so I may be able to leverage that. Just not sure how exactly, without being an autist about it and without knowing what I really want to offer, like you said.

As far as price point problem being solved, idk, I’d accept peanuts if it meant building credibility. And I have no idea how to structure my pitch,
(cont)

>>12288580
...but I thought about stuff like maybe assisting say a large financial firm to buy BTC in bulk, scaling in orders, taking advantage of multiple markets and arbitrage opportunities...and managing capital (+associated risk), like for example a barbell investing strategy where I’d allocate a sizeable portion of assets they’re looking to grow into a long position on a derivatives market, with little to no leverage. Risk is controlled, assuming we’re relatively near the bottom, and when it moons it becomes an instant money printer, as the higher BTC rises, the more exponential your returns in terms of USD (because of the long position). Then, set aside a small chunk of the portfolio for riskier, shorter timeframe investments, and periodically peel off profits from that to reinvest in the larger “savings account” long.
Idk mayne. Like I said this was never my area of expertise so I have no idea how to gauge myself for what I could & couldn’t do for someone.

>>12287999
Considered something like this too but, that seems to me like too specialized in a strictly “investment advice”-based category, and idk if I’d want to back myself into the corner there. Plus pretty sure the laws get incredibly fucky with that kind of stuff

>>12288057
>>12288094
This is one I’ve been kicking around a lot. I’ve been told I’m an excellent writer even as far back as high school, and I enjoy it and have tried starting several blogs before but not taken too seriously.

Thanks for the ideas guys, keep em coming, I’m racking my brain on the daily with it

>>12288271
>Honestly, youtube is by far the worst place to go for advice.
not true, I follow a few redpilled/independent news/finance/dating/occultist youtubers who are really just successful salesman using video blogging as a means to peddle their books -- some of which I've purchased and thus gotten tons of valuable advice from that I've used in the real world. Granted, they're relatively short and inexpensive books but perhaps that's why they're so successful in today's instant gratification society where everyone has a short attention span and no money. I just want to learn how to make a business appear legit on paper, and make meaningful connections so as to expand my operations.
>how are you getting leads
Yea that's the thing...

>>12288580
>If you had to boil this down to one piece of advice then, what would you say it’d be?
Find a good therapist. Not even kidding. Having the mental fortitude to keep the hustle up every day is a large challenge, especially when you need to keep on growing and learning every day.

IIRC you said you don't like reading; and yet, reading is the prime way to expand your skills and knowledge without spending high amounts for someone to teach you.

Sales, networking, marketing, bizops and process engineering are things you need to learn regardless of what you're aiming at, so it's not even worth mentioning.

>I do have a decent smattering of linkedin connections who add everyone with the word “blockchain” in their headline, so I may be able to leverage that.

Are people who are professionally into cryptos going to be ignorant of what you have to offer?
Are you sure you can be the expert's expert?

>Just not sure how exactly, without being an autist about it and without knowing what I really want to offer, like you said.
Boil your offer down to a simple statement.

I help ___ achieve ___ by ____.

Or you can use Kevin Rogers' 60 seccond sales hook.

I used to be ___ but then I ___ and now I ___.

>I’d accept peanuts if it meant building credibility.

Wrong idea. You *never* want to get paid for cred. Ever. Get paid for the results you bring in.

>Considered something like this too but, that seems to me like too specialized in a strictly “investment advice”-based category,
What's stopping you from basically doing that as a low-cost 'here's what I do' offer?
As long as you're not making claims you can't support (wording!), you'll be fine.

> I’ve been told I’m an excellent writer even as far back as high school
Writing to sell, and writing for school, are two very different things. Granted, you should spellcheck, but grammar doesn't matter all that much -- it's more about the structure, process, emotions and flow.

>>12288804
>not true, I follow a few redpilled/independent news/finance/dating/occultist youtubers
>occultists on youtube
Cringe. I haven't seen anyone serious about the topic anywhere but in /omg/, and even then there's only a handful of us crazy people.

> who are really just successful salesman using video blogging
> they're relatively short and inexpensive books
Nope. No no no.
Had you said their offers start at mid four figures, I'd have considered your post seriously. But low-grade infoproducts? Come on mon.


> but perhaps that's why they're so successful
They're not.

> in today's instant gratification society
More or less true... except when not. Which entirely depends on how good you are at selling.

> where everyone has a short attention span and no money.
False.

> I just want to learn how to make a business appear legit on paper, and make meaningful connections so as to expand my operations.
I.e. you want to have a 'business' without actually learning how to properly run it. ggnore

>>12278549

>best income streams

i like this thread, go on...

>>12281336

>amazon flex

read the reviews:

https://www.glassdoor.ca/Reviews/Employee-Review-Amazon-Flex-RVW12700211.htm

>>12288916
Jesus Christ how horrible.

>>12288866
>occultists on youtube
>Cringe
yea I just bought styx's edited edition of the lemegeton because I respect what he says. And he's a fairly level headed guy considering the subject matter - you can't deny his audience isn't growing as a result. Dude also has like 30 full length books for sale on his website all under $10 -- I'm convinced styx knows his audience and is an excellent marketer. Granted, even he admits that's not his main source of income but I promise he's making good money doing what he's passionate about and I admire that. I wish I could do that desu.
>I.e. you want to have a 'business' without actually learning how to properly run it. ggnore
Explain to me oh wise one, why I would need anything more than a website and a warehouse for a low scale resale business? I just want to understand how it's possible to legally hire employees, file taxes, secure shipments and patents for any additional ideas I may have down the line. I'm also interested in various vending machine schemes but have no clue where to start with that. Please enlighten me

>>12288967
>styx's edited edition of the lemegeton
BAHAHAHAHAHAHAHAHAHAHAHAH
Oh God.

>Dude also has like 30 full length books for sale on his website all under $10 -- I'm convinced styx knows his audience and is an excellent marketer.

If he were an 'excellent' marketer, he wouldn't be selling for peanuts.

> Granted, even he admits that's not his main source of income but I promise he's making good money doing what he's passionate about and I admire that. I wish I could do that desu.

Then do it. Literally go on youtube, and regurgitate the same talking points in your own words. Write books that say pretty much the same thing. You'll do fine.

>Explain to me oh wise one, why I would need anything more than a website and a warehouse for a low scale resale business?

You also need tracking, payment/ shipment logging, accounting, return policies, fraud protection, customer support, lead generation, sales processes, upsell processes, repeat sale processes, etc.

You can't just be like "yo I have stuff" and expect to make money. Did you even send your clients post cards with best wishes for the Holiday Season and 2019?

Doesn't matter if the sale was small. What matters is that you get in front of them in the best way possible, all the time. No excuses. Even if you *lose* money because you sent that post-card, you should still do it.

Do you have referral kits? Get some.

Make your business their business, too.

>I just want to understand how it's possible to legally hire employees, file taxes, secure shipments and patents for any additional ideas I may have down the line. I'm also interested in various vending machine schemes but have no clue where to start with that.

Start with figuring out a revenue plan, and build everything from the ground up around bringing in money.

>>12278574

this seems to be the prediction

>>12288244
Thanks for the advice mate, definitely staying away from appliances and mechanical parts though I've heard faucets are good items to flip. I have a good eye for spotting expensive home decor and fashion items so it might be best to stick to them when buying from 2nd hand stores.
Will keep my eye out for lego sets.
Best deal was a pair of boots from a second hand store I picked up for $60, did some research and they're worth $650 new.

>>12278549

honestly?

the best way you can bring income is to take out loans, go to a reputable school and invest in your skills and have a career instead of doing all that.

>>12289285

>>12280354
Yeah, great opportunity. Just remember to test before going balls deep on a product. Scott Voelker’s podcast is really good.

>>12288804
>t. Alex Jones

>>12288884
Haha post more and you’ll have more to read

>>12286572
Yes solo and will keep it that way as I have no need for employees.
>>12286743
Sure I'll drop by next year.

>>12286743
Actually what's the discord ?

k7jWWq

>>12279825
Thats really depressing because when we started doing these months ago, it was the exact opposite. We only started tripfagging to tell each other apart when it was just a handful of us. Everyone was positve and encouraging

F

I have about $30k that I'm thinking of using for p2p lending. Haven't done this before so any advice you guys have would be appreciated.

>>12281290
>ATM
Just guessing but from what that atm guy said originally
>buy physical machine from company for 2k I think
>scout places to put machine
>fill machine with rest of cash
>put price you want to charge for use (ie like 2 bucks per withdrawal)
>leave some aside for renting the spot

Don't quote me on that just from what I remember of his anecdotes

>>12281336
Did it with my old man here in LA there's always a block open so it's pretty good. Super comfy. Depends on location and you will run into problems but bretty good. Holidays and disasters will up the price per block.

>>12282662
You drive to a depot and pick up around 20 packages and deliver them using your own car.

>>12285285
Ex-tradie here, just finished my undergraduate degree.
Just get small jobs you can do on the side of uni. I'd go to a couple of lectures in the morning then drive to a job and put up shelves or fix rotten weatherboards or whatever for a few hours in the afternoon, then study at night. If you're lucky you can land a larger job with no urgency to complete that you can just work on whenever you get the chance.
In my country there is a shortage of tradespeople, especially ones willing to do small "odd" jobs, so I found getting work very easy and literally never didn't have work when I wanted it for the past 5 years.
GL

>>12286587
The best in the world aren't posting on reddit either though

Any of you guys successfully make money affiliate marketing?

Making 3mil/yr top line atm. It’s super fucking simple :

1. Recruit dream team on LinkedIN
2. Approach banks for SBA funding to buy businesses in the 3-8mil range
3. Find a highly motivated seller and buy their business 100% financed
4. Float the business and continue to buy more in the same industry.

As long as cash flow covers debt service it’s a good deal.

You need a chairman, 20-30 years experience, Ops guy 10+ exp, In house legal, in house accounting. You hire top 4 accounting / legal to do the Acquisition due dilligence for the bank on a “rolled fee” basis. Once the deal goes through everyone gets paid and now you have a company bringing in 1mil profit a year.

>inb4 why would someone sell their profitable business?
Getting okd, stroke, partner died, owner died children selling, owner selling cuz children dont want, owner wants to expand into another business, owner has cancer,
Many reasons, find a business that someone is ready and motivated to sell. Secure financing from a commercial bank, SBA is GREAT, based on the creditbility of your dream team which you recruited for free on LinkedIN, everyone gets equity.

also,

daily reminder that you don't need to be self-employed to be a millionaire

Bumping for profits

>>12290033
True, but when people talk of becoming a millionaire they generally don't mean working a 9-5 job and attaining a net worth of a million dollars 20-30 years down the line (not even accounting for inflation).

>>12290187

some people are fine with 9 to 5, some arent, some people hold down 3 jobs meaning 6am to 9pm, or 12am.

>>12290187

it's not what you make, it's what you spend

>>12290233
stay gobbling on that that jewish cock faggot. some of us have better things to do

>>12289285
>jewish cum-guzzler justifying his cuckoldry
sad

BUmp

>>12290264

welcome to real life son

Should I just pick one from the cheap tier and do it? Im a poor finance student and dont really want to work for a company once I graduate. Anyone else in a similar situation or has been that can give advice? Ive heard about dropshipping and some of the other stuff but im not great at anything with social media.

If interested in the best Entre-pill on youtube the best channel have ever seen is Sam Ovens .. found it yesterday and watched them all day today.
Love seeing /entg/ on biz bros

>>12290187

>not even accounting for inflation

Wrong. It will be worth more than you think. Your earnings will increase to meet inflation, so you can save more. A million bucks will be worth a lot more than the nothing you'll have if you don't save.

Interesting information in this thread.

It’s been a while but entg is building back up bros