/r/Entrepreneur
A community of individuals who seek to solve problems, network professionally, collaborate on projects, and make the world a better place. Be professional, humble, and open to new ideas.
Our community supports side hustles, small businesses, venture-backed startups, lemonade stands, 1-person-grinds, and most forms of revenue generation! However, no one cares about your blog. Please do not come here to self-promote your consulting, book, podcast, MLM, website, dropshipping guide, or $$$ scheme.
Schedule an AMA:
Contact the Mod group via P.M.
Subject: AMA Request (Your Name)
Body: Date(M-F only), your background/experience, some form of validation (LinkedIn, Website, IG, etc). If approved we will schedule you on the sidebar, so please also provide a Title and 140 character teaser.
Upcoming AMAs:
Sol Orwell - Sold several websites and was a nomad for a while. He is the main force behind examine.com and sjo.com and previously did an AMA here.
Friday, April 30th
Submission/commenting Rules:
1) No Personal Attacks - criticism of ideas is allowed, attacking people is not
2) Self Posts Only - links can only provide supplementary material. Your post must contain enough content to have a discussion.
3) Ten comment karma in /r/Entrepreneur required to post - we ask you interact with the community before you lead the discussion
4) No Self Promotion - No selling, unsolicated offers outside the Tuesday/Thursday threads. Posts must not be for the primary purpose of promoting yourself.
5) No “How To Get Rich Quick” posts - This community is not about making a quick buck. Posts asking the community how to make $X, without making specific reference to a reasonable idea, are not tolerated.
6) Avoid unprofessional communication - Please treat fellow entrepreneurs like respected coworkers, label conversations if NSFW and avoid deliberate provocations.
7) No free offerings threads - The Thursday sticky is specifically for free offerings. Please use it. Any "free" thread deemed to be self-promotional will be removed.
8) Follow the Rules of Reddit - They apply everywhere on Reddit. Also consider Reddiquette The latter isn't mandatory but might be used in considering the intent of your post.
9) Unsolicited Opinion and Thoughts Please do not use this community as your personal blog, this is not a personal diary where you share your day dreams, thoughts, and opine on subjective concepts.
Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation.
Treat every post as if you're at work and representing the best version of yourself.
Now Featuring Weekly Sticky Posts
NooB Monday - For the most basic of questions
Marketplace Tuesday - Post jobs or internships you're looking to fill or about services you can offer
Wantrepreneur Wednesday - Looking to ask a question a bit beyond the super basic but don't need a whole thread? Ask here!
Thank You Thursday - Thank the /r/Entrepreneur community by offering free stuff, contests, discounts, electronic courses, ebooks and the best deals you know of. Consolidate such offers here!
Accomplishments and Lessons Learned Friday - Tell us what you have accomplished or alternatively what you will hope to never do again
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Become a community resource & share your successes, failures and insights. Anything relevant to Entrepreneurship is welcome
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Ask questions, share thoughts and gain insight from the community
If you need help in validating a concept, Don't be afraid to share your idea, there are some very knowledgeable people on this sub who can help. Remember: we'll need a bit more info then "I have a concept that will change my industry, I cant tell you anything about it but HELP!" to actually help
Provide as much information as you can. Everything depends on context. The more information you provide, the better the feedback you'll get and the more focused the conversation will be.
Try to answer simple questions yourself before starting a thread. Check the FAQ's,use Google search and the Reddit search bar
Community Overview
This community is for giving & receiving advice on all aspects of Entrepreneurship. Help and encourage each other, it's hard enough out there!
Strive for a professional but relaxed atmosphere. Be polite and contribute to discussions in a constructive manner, everyone benefits from this.
Self-promotion of your business/idea is encouraged but should be done while sharing in an IAmA/Q&A, question, or case study. Don't spam, it won't go down well.
Please don't post asking users if they would be interested in a guide to something - just post the guide! Post it in series (Part 1, Part 2, etc).
/r/Entrepreneur
Hey, have you ever had some kind of "side hustle" that turned out to be a surprising money-maker and grew it to a real business? Like, something you didn't think would bring in extra income but totally did? Share your cool stories with us - we are curious to hear!
Let's say you want to start a clothing brand. What would be the step by step process?
And how should one go about it?
Hi,
We are searching for a: Full stack, senior engineer with min 5 years of experience, react native guru. Node.js, supabase/firebase experience preferred, SQL is a must, to support our tech team.
We are building a big idea that could have great scale impact together with an amazing experienced multi european team.
We already have a website, pitch & demo out there and now we are in talks with investors to raise 500K and launch in the next months.
If you are passionate and excited about something new, want a chance to be part of a young team and have an impact on the world with a B2C product, this might be a great match.
Let us know if you're interested via a private message, together with a short intro & past experience.
We promise you will be surprised by the team & idea.
Excited to see with whom we may connect with!
Thank you for considering,
My brother has a steal factory in the Middle East where he designs and makes metal work for local companies/factories . He makes things like metal gates, handrails, shelves etc. I live in London alone and want to have my own business in the same field but I don’t know how. So uneasy to have a business in London. I searched the market and asked myself why would a uk based company want to work with a factory in the Middle East as opposed to a local factory?! Any advice on how to think out of the box here or ideas on how to make that work and become my full time job?
Anyone have suggestions on scaling beauty services? I do spray tanning in my home for about 2 years now- make about part time $. Would like for it to be full time. The idea of training doesn’t excite me, but it’s been the only thing suggested to me..
Hey there!
I'm working alongside a broker and we're currently in the market to purchase e-commerce sites, SaaS companies, or any online businesses that have shown sales in the last 12 months. If you're considering selling your e-commerce or dropshipping site, we're offering to buy it for 1.5 times its yearly profits based on the last 12 months of operation.
Here's how it works:
Valuation: We calculate the purchase price at 1.5/2 times the yearly profit of your business depending on volatility. Commission: Please note, we do take a 9% commission on the final sale price of the site. Our budget is substantial, with up to $50 million allocated for acquisitions, so we're ready to handle transactions of various sizes.
If you're interested or even just curious about what your site could be worth in a sale, don't hesitate to reach out. We're here to make the process smooth and profitable for everyone involved!
Looking forward to connecting with fellow entrepreneurs and discussing potential opportunities.
Idk if this will get any views or replies or whatever can happen on reddit but I need help. I just started a clothing brand and I basically have just common knowledge I gained from yt videos and other internet sources. I am planning on doing a pre-order but idk how many pieces to drop.
.For my hoodies I have 2 qualities (low 50/50 poly/cotton, high (20/80 poly/cotton) and 3 designs. and they all come in 5 sizes (Small to 2XL).
.For my shirts I have the same three designs also ranging from Small to 2XL but this time, no low and high quality. Just 100% cotton.
The designs are just 3 deigns put on a hoodie an a shirt so its not like 6 completely new designs. I'm wondering if I should just drop the hoodies, or just one design, hoodie and shirt, or drop them all, or any other suggestions. I have tried to read up on it but I haven't seen anyone else sell 2 qualities like me so no one can relate/help me so far without me explaining my situation, hence the reason for this post. I also saw a lot of people completely fail their drop because they just had too many different pieces and I don't want that to happen to me. I would attach photo's but I don't want anything to be spoiled before the drop lol. Feel free to ask any more questions and I'm open to ALL suggestions coz I'm completely stuck on what to do.
I've been in this position quite often. I might only need a VA for 2 hours this week, one hour next week, and 3 hours the week after. Most VAs don't want small bits of work like this.
That got me thinking about hiring a full-time VA (or more than one) and making them available to others. Maybe something like charging a fixed monthly fee for maybe 10 hours of work per month. That would allow the VA to have a full-time job while others would get the benefit of not needing to hire on full time.
It's just an idea for now but I wonder how many actually need a service like this.
Finding good VAs could be an issue and also too many clients all needing work on some days but not on others.
Let me know what you think.
I was doing some small research on the common habits of the top 1% of business leaders in the world. The most valuable habit that they share commonly is consistent reading. For more insights, I wrote it down here:
https://journal.hexmos.com/accelerate-your-business-skills/
What other skills and habits are needed for becoming a successful leader?
I have been working as a full-time employee for 13 years and I am currently unemployed. I really don’t see myself working a 9-5 job again in the next 1-3 years because I want to put up my own business consultancy firm.
We have a niche market that I want to target and it is one of the trends to foresee in 2025 according to a study by McKinsey. Anyway, is there someone out here who has shifted into consultancy? How and where did you start? How long will the planning take? Appreciate it if you a have a diagram that I can follow for best practice. Thanks!
Hi all, I just honestly wanted to share some of my thoughts about business and my very very short journey being an entrepreneur. Some advice on whatever would be amazing as well.
All throughout my life, I have been exposed to business and customer service. I grew up in an immigrant household where my parents owned businesses on both sides of the world; where I’m originally from in Asia, and where I currently reside, the US. I have always been semi-interested in business but never ever full on passionate about it, because my mom and stepdad were very tough on me, and working for them felt like a chore. After I got my first side job working at dominos, I honestly felt like as cliche as it is, a job where i clocked in and worked hourly would never ever work for me. Throughout the year I worked at dominos, I enjoyed it but I barely managed to save 3 grand. I’ve always been a person where I am passionate about something, I become obsessed with it. Ever since sophomore year of highschool, I’ve been obsessed with fashion and clothing. In December 2022, me and my buddy who I’ve been going to thrift stores to, spur of the moment decided to start a vintage clothing business doing reselling. I started with $300 cash, and we were both pretty broke. The journey was honestly very fun and eventually I managed to save up a bit of money doing in person pop ups and selling to friends at school. During the summer, he stopped selling clothes to work on a boat making good money, and I don’t blame him. The business was a lot tougher to set up without my partner, but I started to look into e-commerce and listing online, which I had never liked to do. With a lot of consistency and my passion for clothes, I managed to make more money I had ever seen before in my life selling a specific niche article of clothing. Being able to sell nearly anything is a really great feeling. Recently a random person hit me up through Instagram about some clothing and he is based out of India. I bought a ton of clothing from him and resold it super quickly. Finding a steady supply was my issue as i balanced work with being in college. I am honestly really proud of myself for paying my own bills and becoming a master of my own finances. I make around 7500$ revenue a month and have been keeping a consistent pace for the last 4 months. I try to save every penny I have but every once in a while I treat myself. My mom is not very supportive of my business because she wants me to focus on school, so I’m sharing it here.
The greatest part of making money and being your boss isn’t even making money, it’s in my opinion the freedom and confidence that comes with the ability to do so at your own pace. I am so beyond grateful for the job I have and I will never take it for granted. I pray I can use my experience now and make it into something major in the future. Thanks for reading.
Recently I’ve been seeing a lot of these ‘how I made X in 3 moths from my Y startup’ posts. I always come to Reddit to get to meet and talk to actual people about their actual lives and not a facade of ‘I was in the red then made a profit’
My question to you all is how well received would it be if I do like a 30 Day challenge- in which I post something related to entrepreneurship and advice and lessons learned which could be better than simply looking at the ‘this is how I made X work’.
Really appreciate any suggestions or ideas. Thanks in advance :)
Does anyone have some recommended courses or classes (preferably free) that could help me gain some insight on business structure/financing and planning?
I’ve been doing some reading on MIT’s edu website, but most of the studies are for business entering the stock market/large businesses focusing on production and/or manufacturing and product sales.
I’m looking to get into biohazard cleanup, I’ve found that most of the information doesn’t really pertain to what I’m trying to do.
I may be late to the game and so naturally I decided to put my case up here to hear the brutal truth.
I've been a management professional my entire career. I've managed large operational teams in hotels, hospitals, and social housing. I can understand clients requirements and deliver on expectations. I can manage teams across geographical locations and do well at analyzing operational issues and finding solutions.
I want to apply my management experience towards starting my own VA agency and offering it to clients in North America (USA and Canada). I know there are a lot of providers out there but I also believe that the TAM has room to accommodate more players simply because there are so many types of businesses that can use such services.
What do you guys think?
Don't respond if you sell a course
Hey evry1, I got a team approx 5 ppl , good at English who are happy to work for $1.5 /hr (more or less ). Ideally, the work would be carried out in-house. I think they can do :-
(Im planning to earn by taking a small % from their earnings , which they agree to ) Could someone advise me how to get work for them ?
I am a developer I have been developing apps and plugins and that’s it.
How do I grow beyond that ? As I have a full time job and some NDA issues I am unable to go full blown on LinkedIn or other professional platforms looking for bigger opportunities.
Has anyone pulled a similar feat and made it big while holding to full time job ?
I left a cushy job I held for 7 years, that took me 12 years to get to that position. Free car, free gas, free car insurance, flexible schedule.
Got married. Traveled around South America and Europe for 3 months., Now founded a company.
Decided to build a business that would help an automotive dealership staff communicate with each other, combined 3 different vendors into 1, saving a dealer money. Currently in the building and validating phase. I had built this prototype for my previous dealership, and everyone loved it and used it for 2 years. Let's see if the gamble pays off.
And if it doesn't. I travelled the world for 3 months and got married to an amazing woman. Memories of a lifetime.
What's life without risk?
My wife and I said we'll never be healthier, we'll never have more time, and we can luckily afford to do this. So we did. I'll update this board monthly with our company progress.
I’m a non technical founder. I have knowledge and experience in the automotive industry. Help me see clearer.
Idea 1. Automotive maintenance tracker and reminder.
The thought process behind this idea:
Different cars have different maintenance requirements at different intervals with potential hidden costs. Knowing what maintenance is recommended by the original manufacturer can help users avoid expensive break downs, set money aside for future repairs , or help make better vehicle purchasing decisions.
App is free, we make money by suggesting replacement parts and tools needed to complete the job yourself or offer a local marketplace for mechanics to bid on jobs and charge a percentage or flat fee per job.
Idea 2. Used Automotive Parts Marketplace
Help connect sellers and buyers of used automotive parts looking to restore their vehicle.
A. Increase revenue and save time for sellers
Cut posting times and increasing access to revenue from smaller parts they usually wouldn’t bother posting but can now bundle with other parts by implementing a notification system which allows sellers to only post when a part is requested or in demand.
B. Increase access to parts and reduce costs to buyers
Increase access to parts by sending a request to all potential sellers for specific parts, reduce shipping costs by bundling parts from individual sellers.
Charge a small fee that’s split between sellers and buyers on all purchases.
Hey guys I'm thinking about starting a business what are some good books about starting a business
Hire a freelance writer & a social media manager (both part-time).
Get the writer to interview you every month as follows: 2 hours, split into 4 topics, 30 minutes for each topic
The content is uploaded to the cloud & automatically sent to your blog writer & your social media editor.
4A. The writer will transcribe those interviews & use that to create blogs for your website or your Linkedin
4B. The Social media editor will take the videos and repurpose them as follows: 4 long-form videos, 16 shorts to promote the long form videos
Monthly budget for this: <800USD a month
Bobs your uncle
TX resident here. I recently had the idea of installing vape/ CBD vending machines inside bars throughout the city I live in. Has anyone tried this, or have experience with necessary steps/ startup costs?
I was thinking ~10k for setting up the LLC via a lawyer and getting ~3 locations stocked.
Thanks!
Hi. I'm at the pre-seed/seed stage.
I have a working MVP, slide deck, website, business plan, etc. written out.
Should I include all of this in an email/message to seed angel investors?
Or can it be leaner than that?
I'm working on a case study that involves using midjourney and pinterest .. Because of this I wanted to see what other REALISTIC side hustles people could do using AI and this is what I came up with.
Here's the full blog post here if you want to see them in depth.
My Favorite Resources For Business
The Income Stream Ideas Newsletter : https://income-stream-ideas.beehiiv.com/subscribe
Tim Ferris: https://www.youtube.com/user/masterlock77
Noah Kagan: https://www.youtube.com/user/crxnamja
I am ready to start my entrepreneurial journey, I feel like it is time. I quit my job about a month ago to go travel and now I’m back home and ready to get into the battlefield. What would you recommend I should do in this phase. I currently have the idea of a product I would like to eventually sell do I go all in on creating the project or do I do more customer research and go all in towards the brand and marketing side. Any advice would be greatly appreciated.
Business Acquisition - Golf League
I am debating taking over a business that runs a league with lessons for women in golf.
Any advice? How do golf leagues work in your part of the world? What did you like? Golf pros and course managers - do you see leagues as hindrances or helpers? Do you like to work with leagues? What are your thoughts on the future of leagues?
What do you wish you had? What do you hate about leagues?
Please feel free to make this thread a tell-all.
What are some ways to make someone feel comfortable as a service provider?
I’m struggling with the idea of adding value. How can one add value when providing a service?
I am offering free design/business analysis service to new businesses in order to increase our portfolio size predominantly in North America, we have clients already from other countries but we'd like to expand our reach in North America. (Current partners listed on our website too, to see the work we've done for them)
The free offer includes, a logo, colour palette, weakness/opportunities analysis and a target audience assessment, etc.
Send me a DM or sign up on our website if you are interested. Please specify what space your business will be in!
This is not a self promotion as I am not looking to make money ✌️