• 0 Posts
  • 11 Comments
Joined 10 months ago
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Cake day: November 14th, 2023

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  • djrexy7@alien.topBtoSmall BusinessIs this restaurant idea dumb
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    10 months ago

    It seems like you’re trying to do 2 things at once.

    1. Create a small farm and garden for your produce.

    2. Create a restaurant with your own produce.

    This is too much to be done in a single step due to the different nature of two distinct businesses.

    You can start with a small farm to offer produce for others. Once you figure out your growing process and establish some income, you can focus on the restaurant business.



  • djrexy7@alien.topBtoSmall BusinessCompensation
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    10 months ago

    Your transition of the business should be included in the initial compensation package, since that’s what you’re selling and you need to offer transition free to the new business owners. depending on the type of grocery you’re talking of 200K to 600k or more. the price the new owner pays should include training. Also you are legally required to stay for a minimum of 2 to 4 weeks to provide proper training.

    That being said anything past 2-4 weeks can be charged on a daily or hourly basis.


  • djrexy7@alien.topBtoEntrepreneurShow rate?
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    10 months ago

    It really depends on your line of business. do you provide services, advice consulting or an actual product?

    For instance I provide professional Services like building and property assessments and I do charge for my inspections or meetings. That means at the end of the inspection I have a check or a payment in my pocket or bank account.

    I also get involved with home inspectors that charge for the inspections upfront before the appointment.

    you need to start charging or ask for payment to be able to secure the bookings.

    if somebody puts the money down, they’re definitely not going to miss the appointment.


  • If the government is planning on the launching a software it means that there is a good market share and demand.

    I would absolutely go ahead and launch that product and make sure that I compete with the government by offering a better product with better customer service and useful updates where I take the user feedback into consideration and implemented in future updates.

    I would also do some research and find out what exactly are the users looking for and launch a beta version for testing purposes where users can actually give you feedback on the product. keep that beta for a while even if you’re not making any money.

    Use that feedback to improve your product of the paid version.

    Have a free tier with some limitations but make it good enough so people would want to use it. Offer the good features for paid versions.

    don’t worry about the government’s funding just think who the government is and how lazy and demotivated employees are of the government.

    Picture yourself competing with the current president or local governor. gif




  • Brick and mortar stores will have to innovate and reduce the costs of operation. Try yo help your customers the best way. Change how you do business and adapt to the requirements.

    If you watched Undercover Billionaire season 2, during the pandemic, a lady was doing clients hair in her car in the passenger seat fully reclined. She got creative in order to survive.

    You have to get creative as well and come up with a strategy to get clients. If they don’t come to you, you need to reach out to them.

    It may be an upcoming financial crisis but I think you’re missing some important sales and marketing skills. You’re probably not advertising properly to the right clients. You probably don’t invest in paid ads on social media and probably you’re not using social Media for advertising your business.

    Facebook is not for scrolling through the content but to create and place your own content for others to consume and click on.


  • Read 10x by Grand Cardone and understand that it takes a lot of time and effort to get it right. There is something that you don’t know that caused the failure. Understand that family want to protect you from failures and they don’t expect you to succeed, because they did not succeed themselves.

    Also watch the Profit show with Marcus Lemonis talking about - People, Product, Process.

    You got something wrong, you did not have either a good product, a good process, or good people.

    Figure out where you failed.


  • I would watch Undercover Billionaire, the Profit, The renovator, Pawn Stars, Shark Tank shows for Free on these sites. I would learn the principles and start making small money. I would read the 10x book online from Grand Cardone and apply the principles on a daily basis.

    If you touch your inheritance WITHOUT being financially literate YOU WILL FAIL and LOSE it all. Leave the money where they are.

    THE Profit -

    sflix.to

    theflixer.tv

    www2.putlocker.digital

    Do a search for “10x rule pdf” and you will find it.