Entrepreneurship General - /entg/

ecstatic bump

explain your process in extensive detail.

tools

budget

production quantity per month

marketing

types

pricing

profit

everything.
Also there used to be an anon here few years ago who spoke about farming shrimp in his basement. I hope he sees this and breaks down his process too.

cater to local businesses or learn how get into contracting for bigger companies

Im thinking about starting a crypto related startup, kinda like an exchange but not really. How illegal would it be to validate my idea on a really tiny scale without adhering to all the regulations and getting all the licenses required to do something like this? Theres no way coinbase or even paypal back in the 90s were legally allowed to operate as MSBs when they first started right?

Did you watch the last season of clarksons farm? Is it a decent representation of a mushroom farm? Meaning low initial investment and then you just print money?

How much is it to start a clothing brand if you're going to outsource production?
I see plenty of medium sized youtube channels making "merch" by outsourcing everything aside from design and I think it might be a decent business model to fill some niches

If you have a social media following this is a good model because your advertising and marketing is all free. As long as your clothing makes a profit with somebody else fulfilling it, you just pump out your free advertising on social media and anyone who clicks is pure profit.
If you don't, you're now having to pay for marketing and there won't be any real reason for people to buy it rather than something else without the parasocial aspect.

No thanks lol

Haven’t seen it, but you can get by with a low initial investment and good margins, yeah. Hardest part, naturally, will be selling them.

Haven’t seen it

It's pretty kino, recommend.

Hardest part, naturally, will be selling them.

It's a similar kind of setup to this , all the stuff Clarkson does on his farm immediately has endless buyers competing to try and buy it because of his fame.

all of this stuff is crowded

Hardest part, naturally, will be selling them.

Do you go direct to consumer? Restaurants? Small stores?
Is it hard to get your hands on mushroom spores (starters?)

crowded is not necessarily bad. You just have to provide better value than some of your competition

There's not really any point in arguing this with people like that, they're the kind of person who said everything had already been invented hundreds of years ago.

There's a grain of truth that OP's list tends towards the grifty business guru list of things that are meant to appeal to zoomers looking to Hack The Matrix, to be fair.

Direct to consumer at farmers markets, some restaurants occasionally, other mushroom or produce farms and this winter will be supplying other farms with colonized blocks so they can grow their own, as well as doing e-commerce.

I buy commercial cultures not spores.

I’ve sold to some small stores too. This winter I’ll be quitting my job and going full time, so I’ll be able to really flush things out. It’s hard to do bizdev when you work 60-80hr weeks at a McJob.

i started a webdesign/marketing agency 3 months ago. i got my first client on a 1500 euro retainer for seo and marketing. made her website too. i got lucky because i knew her from my first internship. now im grinding for my second client. rapidly developing sales skills. today i made a nice email template using v0 ai. i want to make 10k a month so bad

Nice, will the client be usi bf your services regularly or is it more of a one off thing? I’m a CS grad looking to something similar. Due to my farmers market experience I know a lot of small business owners who could probably use help, so I was gonna start there.

its monthly. go for it. if you can get your first client and build a portfolio then you can be set. once you have a first customer make a whole page case study on how you provided value for them

What is it with zoomers and "10k a month"?

i am 24. i grew up very poor. big family single mother we lived with 100$ a month for years. since a few years ago the idea of being financially free was unfathomable to me. now i realize its achievable with the right skills. for me touching 10k a month is the treshold to financial freedom

I grew up broke too, I definitely get the appeal of making money, it's not that.
It's the number itself, is it just because it's round? You mentioned euros, do you mean 10k EUR or 10k USD? Revenue or gross profit, net profit, gross personal income, net personal income?
There's so much variation in what "10k a month" can mean that it defeats the purpose of everyone talking about it.
I'm not meaning to pick on you, it's mostly accumulated annoyance from dumb youtube thumbnails kek

Yeah totally, been planning on it for over a year now but just haven’t had time with my current business and job. Quitting my job end of month though so should have more time. Let me know if you have any tips, I was gonna use React mostly due to the fact that you can use one system to do web or app.

Out of curiosity what did your client actually want done?

People like round numbers, I’ve assumed it was net. $10k in revenue can be meaningless, yeah. For me it was also the threshold of having a decent savings rate and such. Personally I’m aiming to average $10k a month savings next year.

On year three of cyber security consulting
Had a couple clients, but have mostly whittled down to working near full time for just one
Super low stress, reliable work, great client
But I can't charge very high and I find I don't want to deal with the overhead of managing multiple clients, I'm pretty much maxed out at $85k a year

Gonna try finishing up a software product and try to get some subscriptions to that on the side.
That's got it's own challenges, I'm good at selling my skills, but I'm shit at selling products.

I’m interested in investing in rental properties to diversify somewhat. I’m basically all in index funds currently and have a lot of cash saved, like 160k or so. my issue is I can’t really invest in real estate close to where I live because the cost of entry is just too high. would have to be down south (maybe a Texas city?) or the midwest.

How do you get into this? I know it sucks because cybersecurity is seen as an unnecessary expense by the MBA crowd and what not. I heard they just need a compliance sticker slap so insurance will cover it.

Aside from that, general thread question. What can I do with my time to make some money? Every time I have a friend want to go into a business with me, they end up not taking it seriously, they fizzle out, don't commit to anything and eventually give up. It's pissing me off. I have had two years of free time and I wasted a lot of it doing things nobody wants to follow through on with me. Now I need some sort of like side income for $2k/mo so I can focus on something solo myself. Probably will just door dash or Uber eats if I can't come up with anything.

Great thread. Bless you anon. Also, recommend MomTest book if your thing isn't on the list.

What's your profit margin on the shroooooms?

Bros is woodworking a played out meme or is it still viable as a hobby side income stream?

Anyone have experience with microgreens?

If you got a nice workshop, it's not a meme. People will pay a lot for handmade furniture (if it's good) and the even bigger thing is people want stuff refinished. But you gotta be good.