CodaDev

5% equity is very different than 5% interest.

Seems like everyone else just wears leggings and squats back to the camera a few times and just go from 0 > 100k overnight

GoDaddy is ass

Maybe do a video mail showing how your product can solve the problem you’re claiming it solves and make a legitimate bid for their business after the fact?

“You’re probably wondering blah blah blah and we have custom tailored a solution just for you, so you can increase/optimize/delegate/w.e. your operation. Here’s one way that we’ve helped many people scale and optimize their process……” QUICK clip of solving the problem, or a few testimonials of people using the tool and sharing how it helped them (can find the testers/reviews on LinkedIn within your target market).

Give those who test your tools a free 3-6 months of the tool and make an offer at the end of the clip like “use code HELPMENOW within 24 hours of receiving this email for an unbeatable price on our tool.”

Idk just need to get creative with what you’re doing.

This should be in an REI sub, not entrepreneurship. This is an investment not a business unless you’re planning on making a business out of flipping land, in which case it’s still better suited for REI subs.

Don’t spend anything that doesn’t objectively increase its value. Make sure you CAN build a permanent structure on the lot before anything and have it surveyed, then you can start cleaning it out if you want to.

90% of this sub: Tik Tok / Insta trends

I think trades are very good for sole proprietorships or small business purposes. The skills you’d employ at scale are so far removed I wouldn’t even recommend you be a tradesman and an entrepreneur in same trade.

All in all, you can make a very respectable living in almost any location with almost any trade. If you can do it and you enjoy or tolerate doing it, then go for it.

Maybe reach out to someone who services another complimentary product and work something out to access their “buyer’s” list.

Real Estate / Construction

Have you read the book “Untethered Soul”? Would highly recommend.

The key thought for me was that I make my hiring decisions based on what the person brings to the company compared to what they cost. If they are an expense and create no margin within the business for streamlining a pain point or generating extra revenue, I don’t hire them. When the person brings something to the business, then I have a number. If they cost 80% of what they generate, I take them. If they fail to generate or execute, I fire them and find the person that will.

So to say, my employees are dollars on discount. Why? Because they generate $1 and cost $0.80.

I know there’s plenty of people who follow this methodology and, if you’re corporate, odds are you’re getting a discount on your value and it’s probably even more aggressive than that. So, you know people are willing to pay you as much as you’re getting on discount. So what are you worth when you give it 110% for yourself instead? Only question then becomes “how do I get the clients who will pay what I’m worth?” The answer to that is sales and marketing (which you can hire out if you’re bad).

You’ll likely lose a bit on HHI for a little while, but I think you owe it to yourself to at least give it an honest shot.

My first business, I was doing $1.2m/yr but only taking home about $40-60k/yr. This was like 2017 and I’ve just about 20x’d the numbers (besides the income part).

Call me a weirdo, but I think good employees are worth their weight in gold. Simply put, why would I take $1m and pay a key employee $100k when while expecting them to do all the work while I’m off in Tahiti somewhere. So I pay myself based on what I do and assign “partners” to individual departments who I’ll then work with to manage key employees, who then manage the boots on the ground folks. It’s not the “take the most home” business model, but it’s done very well for me and my business - including reputation.

I also only hire through word of mouth referrals. It will likely remain this way until I sell or decide to maybe franchise (probably won’t happen but w/e idk wtf I’m doing).

Check with SCORE