What are /r/advancedentrepreneur's favorite Products & Services?

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Check out The E-Myth Revisited from your local library. It addresses exactly the problem you're facing:

https://www.goodreads.com/book/show/81948.The_E_Myth_Revisited

A snippet from the first review:

"This book tells how to get your business to run without you. It shows how to work on your business, not in it. It explains how to get your people to work without your interference. It tells how to systematize so the business could be replicated 5,000 times. It shows how to do the work you love rather than the work you have to do."

I love helping startups launch user referral programs. My startup has helped 26 Y Combinator companies launch viral referral programs (no-code, visual UI builder, fully integrated inside your platform) so if you’re looking for something that works for great startups, get in touch! Even if you just want free advice, happy to chat. Grab a meeting in my calendar: https://calendly.com/ijan-1/30min

I'm Sam and I'm 17 years old. I launched my first app on Thursday, Junior Certificate Revision

My app aims to provide free, concise and complete revision notes for the Irish state exams.

My current source of stress is my lack of marketing knowledge and no downloads.

My programming skills are rudimentary but i would be willing to help! I'm also happy to brainstorm with other entrepreneurs

Hi NancyStuart,

In my opinion the home page is too text heavy and should be broken up with more images and shorter text along the lines Envoken stated. Focus copy on pain points and shorten it. You want people to know almost immediately what Ivacy does so they don't bounce.

In terms of increasing followers on your social pages you might try participating in discussions on current events on major news sites with a username that is Ivacy Privacy Management or something like that. This may help to drive some to your sites out of curiosity if you provide good content.

Lastly posting articles and white papers that provide details on some of the research that Ivacy has done in the sector on LinkedIn group pages can drive traffic as well.

Just my two cents.

Good luck!

Practically speaking, you need to engineer yourself out of the business before you can sell it. Otherwise, you're selling a job, and who wants to buy a job?

Tim Ferriss talks about this in his book The Four-Hour Work Week.

Derek Sivers blogged about how he got himself out of the day-to-day at CDBaby: https://sivers.org/delegate

The book "The E-Myth Revisited" explains the problem and the formula for turning a business into a "turn-key" operation that can be franchised or sold.

Finally, to assess the salability of your business at any point, you might want to talk to a business broker; that's someone whose business is to sell businesses.

I think I'd approach it this way; though you'll have to tell me whether you can generate this from the data.

Start with the current baseline average per user. Say that's $10/user/week. Guess at how much you expect this to increase. Say 20%. That's $12/user/week.

What percentage of people currently earn you more than $12/user/week. This is your "conversion rate" for the purpose of this A/B test.

Now to the experiment.

You have two groups: - Users who have increased rewards (Variant) - People who have the baseline rewards (control)

Now to the mathy part. You need to take the conversion rate, and then the change you expect to see. E.g. You expect to see a 20% increase in the number of users who convert by earning more than $12/week. Pop it into something like [this calculator]https://www.optimizely.com/sample-size-calculator/?conversion=7&effect=20&significance=95)

That's how many people you need to run through your experiment to get a good chance of the numbers having statistical confidence. Run your experiment, and then you can pop it into something like this in Excel.

It's not actually too complicated; just lots of spreadsheets.

I've been passively investigating this lately myself. The front runner, in my eyes, for a team of your size is ClickUp. It offers so much potential, is inexpensive, and always improving. This is a solution that will scale with you...

If you're interested ,So With my app you can listen to you documents and ebooks. It can also read text from images. Don't waste time reading your documents just listen to them with my app. Its an AI document reader which immensely increases your productivity. You can check it out here

Here’s the link! <strong>https://zoom.us/webinar/register/WN_9aFeMyQjQfWKCMTfhKKShA</strong>

If you’re looking for feedback specific to your referral program, or just want help launching your referral program shoot me an email .

Congrats to you. Will go check it out and upvote. We just launched a few minutes ago for our second product. https://www.producthunt.com/posts/crowdstack-85f51302-199c-4583-ad2e-b4b58b918700

If it's time based events, it's just cron jobs. Or if you have a quotas or decided blocks per say, you can try Stripe's metered billing https://stripe.com/docs/billing/subscriptions/metered-billing

Hi there, I run an SEO and Web Design company in Vancouver, so we rank for local terms. I also use Trello as a way to visualize/manage my pipline. Here's the link: https://trello.com/b/aPFI7CqI/template-sales-pipeline

We distributed rewards automatically by e-mail and we used for surveying....

https://www.limesurvey.org/
It was more than a NPS, we've ran a survey on existing users + a panel of users we got through facebook ads to measure the perception of people in-market for our product.

Hey there,

Here a few factors that you should consider as well - for your prototype and beyond.

Is it going to be a plastic product or metal? Both will require different cost models because of the way they are manufactured. Ex - plastic is usually injection-molded versus metal subtractive metals. This is a good book with different sorts of materials and the manufacturing process. https://www.amazon.com/Manufacturing-Processes-Design-Professionals-Thompson/dp/0500513759/ref=sr_1_6?dchild=1&amp;keywords=manufacturing&amp;qid=1624844954&amp;s=books&amp;sr=1-6

What are you going to do for low volume or high volume production? If it's an MVP and wants to test out the market, you can probably find a few local manufacturers near your area to provide you with those services. Most manufactures have a minimum count.

Figure out which stage your prototype will be in - do you need to figure out the functionality or market fit or to get pre-orders. Each prototype stage requires different actions.

Now to answer your questions.

1-2) Many manufacturers can help you with the engineering aspects as well or have connections to local ones that you may speak to. So you can kill two birds with one stone. However, it also depends on your goal for the prototype - are you testing for functionality or market fit?

3) As @kabekew mentioned, you can google some manufacturers, which will be a good start. I personally recommend you choose a manufacture that you can visit - whether it's you flying to China for Alibaba or driving somewhere nearby. The cheaper the manufacturing, the more likely chance they will find workarounds to save more money for themselves (not you).

I like McMaster Carr for parts (US company) and they have bearings. https://www.mcmaster.com/Bearings/

Yea. The Website is pretty boring

I'm at CyberGhost, they got images and videos on their website

I'm at CyberGhost because I read about it on bestvpn.com. Maybe nancystuart get a marketing deal with some guy that other people experience as trusted

I've been using Astrill for the past 8 months living in China and what they seem to do right in terms of marketing is their referral program and targeting Facebook ads by region. Refer a friend and you get 3 or 6 months free depending on what type of plan they sign up for. I believe there's a section in FB custom demographics where you can target people who are about to travel to China, so you can probably get decent conversion rates off that.

In the world of the "lifestyle entrepreneur", I have to admit that I've fantasized running the business from a beach in Thailand or Brazil. The 4-Hour Workweek was a huge influence on me.

We are based out of the Western U.S., and all of my employees go into the office everyday. As much as I'd love to run things remotely, I know it's best to hire people who've had that experience at other companies. Even then, I would have massive trust issues.

Could be plain ol burnout... the first 2.5 years I had so much energy that accountability was a by-product of how fast I would sprint, and we'd weed out the underperformers automatically. But over time I knew that in order to properly scale, I'd need to have a rockstar manager or two to help out.

Awesome! I don't see it in the sidebar... I'm sorry, I feel like I'm probably overlooking it or maybe it's in an FAQ doc somewhere. Regardless, I found "The E-Myth Revisited" on Amazon for the Kindle app and I just bought it. It says that it's a "revised and updated edition of the phenomenal bestseller" and it's by the same author, so I'm assuming it's the real deal. Thanks so much for the recommendation!

Most of them don't... last October Forbes did an analysis about it, that is for billionaires and millionaires??? Almost all of them are first generation. Read The Millionaire Next Door for a more detailed analysis.

This one? http://www.amazon.com/Reinventing-Dell-Innovation-Heather-Simmons/dp/0994890605

It just came out this month, so I don't know if you're going to find that many people who have read it. I follow Full Disclosure on NPR and heard about it there, but I haven't read it myself.