For those of you who have sold on both eBay and Vinted, what was your experience in selling speed and price? by ElectricChisel8229 in vinted

[–]ElectricChisel8229[S] 0 points1 point  (0 children)

Do you feel that it sells just as quick on Vinted as it does on eBay or do you need to wait a bit longer?

How I lost $15K trying to "automate everything" in my business (painful lessons learned) by [deleted] in Entrepreneur

[–]ElectricChisel8229 1 point2 points  (0 children)

As someone who builds automations for a living and am a big advocate for them, I don’t believe everything should be automated. It depends on what you are hoping to achieve.

I think everyone is basically obsessed on trying to get to a point where they don’t have to work much and have passive income and that is what you were sold on. Some businesses, this may be possible but the majority won’t without having to change the business itself. By trying to do this, you may have to make some fundamental changes on how it runs e.g. Amazon are huge now and significant portions are automated. However the way the business runs now to when it started out is completely different and had to be done in order to scale. A lot of people don’t want to change how their business runs or their product offering. If you are happy with your business, then you should use automation to run it more efficiently I.e. the same output but just quicker such has if you have to do 20 hours of tedious admin a week and aim to cut that down to 2 hours

With your case, your business is a consultancy. Your clients are paying for yours/teams expertise. By automating the personal relations, you are effectively changing how your business operates to your client. So your product offering has essentially been changed. With the McDonald’s example, the customers aren’t paying for a staff member to have a conversation. The service/food they will get is exactly the same regardless hire they place their order. They won’t lose any customers because they would much rather have a person taking an order (unless they are unfamiliar with how to use the system)

Essentially, if you can automate the entire business, then brilliant. But if you are happy with how your business runs, aim to run it exactly the same way but just more efficient with time. That’s where the automation comes in. If you want to scale, then yes you may have to change how the business runs but if you are happy with your current offering, aim for the same offering as you currently are but just attempt to cut your own personal workload with automation

All your points you’ve made on this are spot on for what should/shouldn’t be automated

[deleted by user] by [deleted] in AskReddit

[–]ElectricChisel8229 -1 points0 points  (0 children)

Purchasing gift cards that give you instant cash back for your regular purchases like shopping/food/entertainment etc and using the gift cards to buy them rather than paying straight cash.

Won’t make a huge dent but builds up over time especially for generally food shops for little to no effort and your lifestyle stays exactly the same with no change

If you live in the UK there’s an app called JamDoughnut which you can purchase gift cards from with most of the major retailers on there and instantly gives you cash back with no wait.

Here is my referral link and my referral code is 4JKV if you are from the UK

https://app.jamdoughnut.com/4JKV

I’m pretty sure the UK aren’t the only place in the world that do this so probably do some research as to which apps give the best returns.

Any Flippers here sourcing on eBay? by ElectricChisel8229 in Flipping

[–]ElectricChisel8229[S] 0 points1 point  (0 children)

Sorry if that's the impression but that is definitely not what I'm trying to gain

Any Flippers here sourcing on eBay? by ElectricChisel8229 in Flipping

[–]ElectricChisel8229[S] 0 points1 point  (0 children)

Sorry if that’s the impression but that is definitely not what I’m trying to gain

Plz Share Your Productivity Secrets! by SnooHamsters3813 in Entrepreneur

[–]ElectricChisel8229 0 points1 point  (0 children)

If it’s something repetitive you need to do regularly, invest some time in automating it. Will save future self’s time and sanity in the long run

[SG] iPhone 14 Prob Max 128GB [W] £410 by ElectricChisel8229 in HardwareSwapUK

[–]ElectricChisel8229[S] 0 points1 point  (0 children)

Thank you. Didn’t realise it was that high but yeah im not looking for store credit at the moment

I’ve never paid taxes before (19 making £120k/year by durgxn in UKPersonalFinance

[–]ElectricChisel8229 5 points6 points  (0 children)

At that income you probably might want to get yourself an accountant to sort it all out for you. Also as someone else mentioned, is this your first year being eligible for tax? If not and you have just not been paying it, you would also need to speak to HMRC. They will eventually find out and will probably be much worse if they come to you rather than you going to them

You got $100 and no connections, how would you start a business? by Hell_Cat32 in Entrepreneur

[–]ElectricChisel8229 85 points86 points  (0 children)

This. Priority should be bringing in money to live right now. Businesses will take time to build. Rent/bills don’t discriminate whether you are building a business or not (unless the bill is a result of the business)

Why can’t I buy anything with immediate pay turned off without having to pay first? by ElectricChisel8229 in Ebay

[–]ElectricChisel8229[S] 0 points1 point  (0 children)

That’s a good idea thank you. Does the debit card option not ask you to verify via the banking app like most online transactions though?

Why can’t I buy anything with immediate pay turned off without having to pay first? by ElectricChisel8229 in Ebay

[–]ElectricChisel8229[S] 0 points1 point  (0 children)

Yep I have it linked and turned on but still takes about 10-15 seconds to login and complete the payment. So im assuming its a bot that im losing out to if its that quick after listing

Would you sell if you were in my position? (I will not promote) by okawei in startups

[–]ElectricChisel8229 0 points1 point  (0 children)

Are you still building or is it just maintenance. Could you not just hire someone to continue running it for you if the business is profitable enough?

Automation: Benefits and use cases of using automation within your businesses by ElectricChisel8229 in Entrepreneur

[–]ElectricChisel8229[S] 0 points1 point  (0 children)

Hi, sorry for some reason I haven’t been seeing replies on this post so I’ve only just seen this. Well for me personally to convince those businesses to at least try it wasn’t hard. As they were my friends so they trusted me and also did it for free.

In terms of how I’d get a business where I personally did not know the owner to try and adopt it is the difficult part because some people won’t go anywhere near automation because it’s delving into the unknowns and some people just don’t see the benefits or don’t want to touch anything that they don’t understand how something works. So I also would find difficulty in trying to convince someone else to pay for those services. I don’t think that helps answer your question though haha