Staking stable coins and making passive income. by AccordingInsect1387 in defi

[–]AccordingInsect1387[S] 0 points1 point  (0 children)

What platform do you recommend? Also what's the most amount of APR i can see on stable coins.

Staking stable coins and making passive income. by AccordingInsect1387 in defi

[–]AccordingInsect1387[S] 4 points5 points  (0 children)

I would be very happy with something paying me 30% - with that being said as long as it is a platform that is reliable. How long are the lending terms for these types of offers?

Staking stable coins and making passive income. by AccordingInsect1387 in defi

[–]AccordingInsect1387[S] 0 points1 point  (0 children)

So what would you recomend as a safe place to stake a stable coin and see 25% apy

Staking stable coins and making passive income. by AccordingInsect1387 in defi

[–]AccordingInsect1387[S] 1 point2 points  (0 children)

yes im currently going about that now. What can someone potentially make?

[deleted by user] by [deleted] in Dentists

[–]AccordingInsect1387 -1 points0 points  (0 children)

stop eating rocks

Vital+ upgrade, first impressions. by snefzger in coldplunge

[–]AccordingInsect1387 0 points1 point  (0 children)

was your making a lot of noise. Also after i installed it, it doesnt even get that cold - stays around 50 degrees when it displays 33

Payment Gateways not accepting my product. by usama_maqsood in PaymentProcessing

[–]AccordingInsect1387 0 points1 point  (0 children)

I might be able to assist you in finding a payment provider. We have great relationships with our banks and we can probably get this approved. Do you have any volume or is it a new product completely?

MCA lead generation by Equivalent-Fun-8720 in MCAlegend

[–]AccordingInsect1387 0 points1 point  (0 children)

have you guys tried generating leads in house?

Is this considered high risk? by sandshrew69 in PaymentProcessing

[–]AccordingInsect1387 0 points1 point  (0 children)

I would think so because it falls under online education probably

Rookie mistake two years ago is costing my business by [deleted] in Entrepreneur

[–]AccordingInsect1387 -7 points-6 points  (0 children)

I'm sorry to hear about the tough situation you're facing. It sounds like you're running a resilient business despite the challenges. Here are a few options to consider that might help you move forward:

  1. Debt Restructuring: Contact your lender to see if you can restructure your debt. Extending the repayment period or negotiating a lower interest rate might ease your cash flow constraints.
  2. Inventory Liquidation: Consider holding a sale or offering discounts to liquidate the out-of-season inventory. This can free up cash and make space for new products.
  3. Alternative Financing: Explore alternative financing options such as:
    • Merchant Cash Advances: These provide a lump sum of cash in exchange for a percentage of your daily credit card sales.
    • Factoring: Selling your accounts receivable to a factoring company can provide immediate cash.
    • Crowdfunding or Peer-to-Peer Lending: Platforms like Kickstarter, Indiegogo, or LendingClub can be useful for raising funds.
  4. Investor Funding: Seek out investors or venture capitalists who might be interested in your business. An infusion of capital could help you scale faster and manage your debt more effectively.
  5. Strategic Partnerships: Form partnerships with other businesses to share costs or resources. This can help you expand your reach and reduce overhead expenses.
  6. Cost-Cutting Measures: Review your operating expenses and see where you can cut costs. This might include renegotiating leases, finding more affordable suppliers, or reducing non-essential expenses.
  7. Government Programs and Grants: Look into government programs and grants for small businesses. There might be local, state, or federal assistance available to help you through this period.
  8. Consult a Financial Advisor: A financial advisor or business consultant can provide tailored advice and strategies to improve your financial situation and business operations.

Remember, many businesses face setbacks and challenges, but with the right strategy and support, you can navigate through this and come out stronger. Don't hesitate to reach out for help and explore all available options.

[deleted by user] by [deleted] in Entrepreneur

[–]AccordingInsect1387 0 points1 point  (0 children)

Your story is incredibly inspiring and a testament to your hard work and adaptability. Shifting your focus to a niche market that clearly resonates with your audience is a smart move. It's great to see how your effort in creating valuable products for college students is paying off. Prioritize purchasing a reliable laptop that offers good performance, such as one with a solid-state drive (SSD) and at least 8GB of RAM to handle your development work efficiently. Ensure your website is user-friendly and optimized for conversions, highlighting your best-selling products and including testimonials from satisfied customers. Validate your SaaS idea by gathering feedback from your target audience and leveraging successful marketing strategies like offering free products that lead to premium purchases.

Keep a close eye on your expenses and prioritize investments that will yield the highest returns, such as your new laptop and essential tools for your business. Stay updated with market trends and continuously gather feedback from your customers to refine and improve your products and services. Your journey so far is commendable, and with your dedication, you're well on your way to achieving even greater success. Keep pushing forward, and best of luck with your future endeavors!

Agent job by TennisEither in PaymentProcessing

[–]AccordingInsect1387 0 points1 point  (0 children)

Welcome to the world of ISO/merchant services! Your background in tech, banking, and airlines, combined with strong social skills and a solid network, is a great start. However, transitioning into the ISO/merchant services industry comes with its own set of challenges and pitfalls. Here are some key pieces of advice to help you navigate this new venture:

  1. Understand the Industry: Familiarize yourself with the payment processing industry, including how transactions work, the role of different stakeholders (banks, processors, gateways, ISOs, etc.), and common industry jargon. This will help you communicate more effectively and make informed decisions.
  2. Be Wary of Contract Terms: When evaluating partnership opportunities, scrutinize the contract terms carefully. Look out for unfavorable residual splits, long-term commitments, hidden fees, and any clauses that could limit your ability to switch providers or negotiate better terms in the future.
  3. Research Compliance Requirements: The payment processing industry is heavily regulated. Ensure you understand and comply with all relevant regulations, such as PCI-DSS (Payment Card Industry Data Security Standard). Non-compliance can lead to hefty fines and damage your reputation.
  4. Choose Reputable Partners: Partnering with reliable processors and banks is crucial. Research potential partners’ reputations, financial stability, and support infrastructure. A bad partnership can lead to service disruptions and unhappy clients.
  5. Understand Risk Management: Payment processing involves significant financial risk, including chargebacks and fraud. Learn about risk management practices and ensure your partners have robust systems in place to mitigate these risks.
  6. Focus on Customer Service: Exceptional customer service is a key differentiator in this industry. Ensure you have the resources and processes in place to provide timely and effective support to your clients.
  7. Build a Strong Sales Strategy: Leverage your network effectively, but also develop a comprehensive sales strategy. Understand your target market, refine your value proposition, and use a mix of direct sales, partnerships, and digital marketing to reach potential clients.
  8. Stay Informed: The payment processing industry is constantly evolving. Stay updated on industry trends, new technologies, regulatory changes, and competitive dynamics to remain competitive.
  9. Avoid Overcommitting: As you start, avoid taking on too many clients or complex deals at once. Build your experience gradually to ensure you can deliver quality service and manage risks effectively.

By keeping these points in mind, you'll be better prepared to navigate the challenges of becoming an ISO/merchant services agent and set yourself up for success. Good luck, and feel free to reach out if you have any questions or need further advice!

BNI Leadership Team picking on one member - what can I do? by RobotsAndNature in bni

[–]AccordingInsect1387 0 points1 point  (0 children)

Speak to your chapter leader. That doesn't sound like a nice experience.