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  • 7 Comments
Joined 11 months ago
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Cake day: November 2nd, 2023

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  • ThirdRotation@alien.topBtoSmall BusinessWhat to do next?
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    10 months ago

    Find a local lawyer and pay for an hour of their time to cover anything legal (it’s worth it).

    From the business side, have a way to process payments (Stripe, Paypal, etc.) Something that makes sense for the customers that you want and makes it easy for them to pay you. Start advertising (letting people know you are “open for business”), marketing (getting people interested in working with you), and selling. When you make a sale, do a good enough job to get people to tell others about you (positively).

    You’ll figure the rest out as you go.


  • ThirdRotation@alien.topBtoSmall BusinessWhat to do next?
    link
    fedilink
    English
    arrow-up
    1
    ·
    10 months ago

    Find a local lawyer and pay for an hour of their time to cover anything legal (it’s worth it).

    From the business side, have a way to process payments (Stripe, Paypal, etc.) Something that makes sense for the customers that you want and makes it easy for them to pay you. Start advertising (letting people know you are “open for business”), marketing (getting people interested in working with you), and selling. When you make a sale, do a good enough job to get people to tell others about you (positively).

    You’ll figure the rest out as you go.




  • Short answer - yes

    Things to consider

    • How are you defining success (revenue, profit, # of employees, valuation, reputation, fulfillment, etc.)?
    • Are you solving a problem or doing something that you like/are good at?
    • Do you know how to structure, build, and grow a business?
    • Are you “good enough” at product/service, marketing, sales, fulfillment, operations, management, etc.?
    • How much cash flow will you need?
    • Will you keep going when it gets boring?
    • Why do you want to start a business?

    It is possible and many people have done it/are doing it. A lot more people underestimate what it takes and quit.

    Being an employee and being a business owner are very different and require very different skill sets.

    The best way to find out is to do it and see what happens.


  • Short answer - yes

    Things to consider

    • How are you defining success (revenue, profit, # of employees, valuation, reputation, fulfillment, etc.)?
    • Are you solving a problem or doing something that you like/are good at?
    • Do you know how to structure, build, and grow a business?
    • Are you “good enough” at product/service, marketing, sales, fulfillment, operations, management, etc.?
    • How much cash flow will you need?
    • Will you keep going when it gets boring?
    • Why do you want to start a business?

    It is possible and many people have done it/are doing it. A lot more people underestimate what it takes and quit.

    Being an employee and being a business owner are very different and require very different skill sets.

    The best way to find out is to do it and see what happens.


  • What kind of financial guidance are you looking for (i.e. how to track your business finances, how to get investors/raise money, how to grow your business, how to sell your business)?

    Or are you looking for guidance on how to build a small business? Finance is definitely a big piece but there are many other pieces.