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Thursday, August 31, 2017
Business owners What was your biggest mistake?
What was the biggest mistake you've made with your business? The one thing that could have saved you the most time, frustration and/or money. via /r/business http://ift.tt/2iLMZgk
China factory growth unexpectedly speeds up in August in further global boost
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[GIVEAWAY] My fellow designer is offering website designs, content writing, social media services for affordable prices!
I am searching for clients for my web designing partner. Please contact me back with your phone number, business name and full name.Here is his portfolio: http://ift.tt/2akRNFD via /r/business http://ift.tt/2wmSmHn
Google critic reportedly ousted from think tank funded by company
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The Wells Fargo Fake Accounts Scandal Just Got a Lot Worse
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Power company kills nuclear plant, plans $6 billion in solar, battery investment
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Protective coating on Great Lakes oil pipeline has gaps, operator says
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Six global banks join forces to create digital currency
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UPDATE 3-Arkema expects chemical fire at flooded Texas plant
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Groups rush to file last-minute net neutrality comments
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How a Houston Retailer Became Home Base for Harvey First Responders
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Xerox takes new aim at small and midsized Businesses
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Amazon targeted in class-action lawsuit claiming defective solar eclipse glasses
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Black Girls Code raises $154K after turning down six figures from Uber
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San Antonio's hospitality industry steps up with Hurricane Harvey relief efforts
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How many administrators do you need for 100 clients?
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The most important things I learned when starting my own business
I’m going to attempt to avoid the cliche “X Tips to Start Your Business” blog post and just write from the heart about an experience that has been uniquely personal.In early August I founded my company, a service that attempts to right some of the wrongs in the world of professional freelancing. This company is mine, wholly and unconditionally. It may exist physically on a collection of servers somewhere in the world, but the “business” that I run exists on my laptop that is currently sitting in my living room. My mornings consist of getting my infant son ready for the day, dropping him off at daycare, then starting work on something that is as dear to me as my baby boy.The first lesson learned: Identifying a need or a void in an existing marketplace. Easier said than done.Like most businesses, the beginnings of my company were wrought from the notion that something can be done better. I was growing tired of being asked to do more for less at my day job, so I turned to freelancing to provide a creative escape; I went online to find a service to pair me with clients. What I found was another system where people were expected to work harder for less. The services available at the time took up to 20% of a given freelancer’s invoice payments. I thought this was completely absurd. Why are they charging the freelancer this invoice fee? They should be charging the clients! After all, the freelancer is the one providing all the value in this transaction.Come to find out, the freelancing community at large thought this was a bad deal as well (insert Trump “worst deal ever” meme).The very first thing I did with my company was move to implement a flat lifetime fee system for our freelancers, and have our clients pay a small percentage fee on the budget of their project. The response has been overwhelmingly positive. Our clients immediately realized the value my company was bringing their businesses, and our freelancers were overjoyed at the fact that they could keep ALL of their money.The second lesson learned: To get your first customers, leverage your existing network.Okay great, I did it! I officially launched my business!Now what?I remember sitting at my desk, staring at my newly christened website. Not a single person on the entire planet was on my site but me. All 7.4 billion people were living out their lives as they would normally, completely unaware of the momentous (to me!) thing I just did.Our first freelancers were some of my Facebook friends. Our first clients were business owners that I had connected with through LinkedIn. We’ve worked with businesses as diverse as a cyber security to a local realtor who needed a new logo. All of them led to referrals to more freelancers and more clients. But behind the scenes there were long hours of monotonous busy work, desperately trying to find someone to pay me.The third lesson I learned: Anybody who says “patience is a virtue” has never created something from nothing on their own dime…but damn, are they right.It took three weeks of networking for my company to get it’s first paying client. When I wasn’t at my day job or interacting with my family, I was networking. My average came to about 4 hours per day of email writing, Facebook posting, Quora answering, tweeting, blogging, LinkedIn stalking, etc. You name a forum, I was creating content and hunting potential leads.In that three weeks, my company had recruited a bunch of really qualified, skilled, and eager freelancers…who had nothing to do. I was beside myself with doubt and fear. All of these wonderful freelancers are going to leave if I can’t find them any work! My company is centered around being a service that freelancers WANT to use; nobody WANTS to pay for something and get nothing in return.After weeks of worry, the buzz of my phone alerted me to my company's first paying client. I was through the roof with my joy! An aside to this lesson learned is that you have to get comfortable living with fear. Control the fear and use it as motivation on your journey.Final thoughts: This has definitely been a trying experience thus far, but owning my own business has taught me patience, empathy, and made me a better communicator. It is a privilege to be able to do what you love and make money doing it, so be thankful, eat a big piece of humble pie and be good to those who continue to support you. via /r/business http://ift.tt/2vINERB
China Snaps Up America’s Cheap Robot Labor [T-shirts cost 33¢]
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GE's new CEO preparing job cuts in bid to reduce costs
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Nominees - European FinTech 100 Top 3 Companies
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Amazon Will Need to Cut Whole Foods Prices More to Beat Wal-Mart
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Wells Fargo: Nearly twice as many potentially fake accounts than originally thought
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Russian banks cut off from SWIFT for working in Crimea
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Harvey damage shuts main fuel line from Texas to New York
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If Unilever Can’t Make Feel-Good Capitalism Work, Who Can?
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After Previously Claiming the Economics Would Never Work, HBO Streaming Now A Major Windfall
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Georgetown, Nike reach pact on worker conditions
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Dollar, commodities cheered by China, US economic news
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Wednesday, August 30, 2017
Russia's bailed out bank, backed by Kremlin insiders, grew too fast
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I wanna start a business designing cigarette lighters, filters, and packages
How should I go about doing this? What cigarettes or lighters could I use? via /r/business http://ift.tt/2x7jGdB
A Brief Explanation of Common Options Trading Strategies
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Disney to Lay Off Up to 300 Staffers at ABC Television Group (Report)
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Crowdfunded/Pre-ordered KANOA discusses its Demise
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How to Begin networking
I recently obtained my Remote Pilot License for my drone (which just means I can legally be payed for my work) and I have no idea how to start getting jobs. Taking videos or photos of houses for real estate, examining roofs, and taking video and photos of events are my main goals but how do I get my name out there. I already have business cards made. via /r/business http://ift.tt/2vtNVMg
3 years ago, this boss set a $70,000 minimum wage for his employees — and the move is still paying off
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Gaylord Businesses Prepare For Extra Crowds On Labor Day
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Abbott Labs rolls out patch for St. Jude-made pacemakers
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Chat app Kik to raise $125M through an ICO in September
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Web developer creates Pumpkin Spice Latte tracker for Starbucks enthusiasts
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Company unveils first-ever, all-electric powered truck
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United Airlines CEO will personally give up to $1 million to help employees hurt by Harvey
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How We Created the Conor McGregor "F You" Suits in Ten Days and Made $23,000 in Our First Week
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Today is my last day as an office worker. Tomorrow I begin my own frozen foods company with.
I know it's gonna be a long, difficult way to make a living off it on our own for now, but damn it, waking up early so i can go work in an office doing the same thing over and over every hour of every day while having an idiotic boss feels like wasting my life.I see a chance here, and I'm taking it. And I know that if we succeed, we won't be alone with this. via /r/business http://ift.tt/2xMU2rp
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