TheRahmanEffect

joined 11 months ago
sorted by: new top controversial old
I have failed 3 startups in c/entrepreneur@indiehackers.space
[–] TheRahmanEffect@alien.top 1 points 11 months ago

At the time when I started my business I was only 18,21,23 years where basically I didn't had any knowledge of business or startups.

When I failed I began to study why I failed after that I gained my knowledge.

Note: I am not sharing any advice for startups just sharing knowledge which I think would be helpful for entrepreneurs.

1
I have failed 3 startups (alien.top)
 

Hi Startup Community,

My name is Rashad Rahman I am 28 years old. From my childhoods days I always wanted to start my own business.

I have started multiple side hustles in my school days until my colleage days.

In 2016 when I was in my second year college I started a clothing brand and it ran for around 1 year and was closed due to lack of funds

After that I went to work and into a random job only to earn money but my entrepreneurial spirit was not dead .After getting some money from my job i started my second venture in 2018 which was an ecommerce for all thing related desserts.

The startup was running fine and I began to get repeated orders.But the same issue of burn out of funds happened this time also.

After this I began to read all the books related to business, entrepreneurship and any books that I can get my hands on related to this.

And within 1-2 years I have read about 100+ books on business.Then on Covid time I saw a market trend in which there was lot of people who were starting to bake from home and starting a YouTube channel.i saw this opportunity and I restarted my dessert startup but this time different I made a brand from it selling baking essentials only.

But within 3 months of my launch I didn't get any repeat order.After Covid when all people went outside of their home they didn't had the passion to bake.So I also closed to that business also.

Then in 2023 I moved to Dubai for starting a Rat Race.After 6 months of working there I began to hate my life I always dreamt of being my own boss.

Until this year May 2023 I began to share my knowledge about startups, business, productivity and the knowledge I got from the books I read.

And within 1 month I began my Instagram began to explode now I have around 16,000 followers. When I started to share my knowledge to the startup community I thought may be within 1 year I will get around 10,000 followers.

This opened my eyes and as an extension of my Instagram channel I have a started my newsletter ✉️in which I share my knowledge about startup, business ,AI.

If you guys are interested in learning more about this feel free to subscribe to newsletter ✉️

Thank you 😊

How can I be an Entrpreneur without any money? in c/entrepreneur@indiehackers.space
[–] TheRahmanEffect@alien.top 1 points 11 months ago

Entrepreneurship is just a mindset most of the business doesn't need any money in the intial stages.

Go start your own business 🙂

Marketing Strategy in c/entrepreneur@indiehackers.space
[–] TheRahmanEffect@alien.top 1 points 11 months ago

It will be much easier if you can share what is your products and who your customers are.

Feel free to message me I will help you in which ever way I can 🙂

5 side hustle tips (from personal experience) in c/entrepreneur@indiehackers.space
[–] TheRahmanEffect@alien.top 1 points 11 months ago

Well said as a person who have failed in 3 startups i have chosen this same path you said.

I hope this will be useful for somebody.

How to deal with the fear of putting your self out there? ( online business) in c/entrepreneur@indiehackers.space
[–] TheRahmanEffect@alien.top 1 points 11 months ago

I had this so many years going infront of camera. But recently I started my Instagram channel and within few months I got 16,000 followers.

I believe you should do what you think is right and don't listen to anyone .

Dead broke in c/entrepreneur@indiehackers.space
[–] TheRahmanEffect@alien.top 1 points 11 months ago

As you need 5k next month and you are pretty sure that tech sales will get you to this. I would prefer this way.

After few months you can invest you saving to grow your personal brand in Tech sales in which you will have experience.

And after you have grown your brand to some level then you can sell your courses.

If you like contents related to startups and Business you can subscribe to my newsletter in which I write regarding this specific niche.

Iam also on the same path I now have around 16,000+ followers in Instagram.

The Rahman Effect

how can i become rich? in c/entrepreneur@indiehackers.space
[–] TheRahmanEffect@alien.top 1 points 11 months ago

Not particular order but I would suggest you to start from my first 100 million dollars

Just acquired a 5,000 square ft building for pennies on the dollar. What business should I start with it!? in c/entrepreneur@indiehackers.space
[–] TheRahmanEffect@alien.top 1 points 11 months ago

Don't start a business there rent this building out to some one else and start a lean business in which you can invest the money from the rented building and you can grow it until the business is self sustaining and then you can shift it to this building.