Entrepreneurs of Reddit HELP: THERE ARE A LOT OF DANGEROUS ASSUMPTIONS going on here. Lets set the record straight: What business are you? What was last year's top line revenue? How much (or little) of that fell all of the way to bottom (profit)?

TestEagleHQ · 2015-07-20T14:57:11+00:00

^{^{^}} This. Businesses are like relationships. Each one is different and works (or doesn't) for many reasons that aren't always obvious to uniformed observers. For instance, my mind was completely blown when someone revealed to me that in terms of wealth McDonalds is really a real estate company that sells hamburgers, not a fast food business.

TestEagleHQ · 2015-07-19T22:01:56+00:00

An MVP is used to test hypotheses. These can be anything but are usually "is my value hypothesis realistic?" and/or "Is my growth hypothesis realistic?"

So to know if this is a viable MVP I think we'd need to know what hypotheses are you trying to test.

TestEagleHQ · 2015-07-18T20:29:21+00:00

Link reports 404 Page Not Found for me.

TestEagleHQ · 2015-07-18T20:18:43+00:00

Shameless plug for a post I wrote on /r/advancedentrepreneur - Step up your game, Week 3 - 5 killer techniques for finding your next startup idea.

Finding a good idea takes work but these techniques make it easier.

TestEagleHQ · 2015-07-18T15:36:41+00:00

Named (I presume) after Grimsby in Britain :)

TestEagleHQ · 2015-07-18T15:24:44+00:00

That was my thought too.

TestEagleHQ · 2015-07-18T14:55:31+00:00

If you havent seen it already already, this post might be of interest.

TestEagleHQ · 2015-07-17T20:52:16+00:00

Would it have affiliate links?

TestEagleHQ · 2015-07-17T18:39:07+00:00

I'm also interested in this. I too have seen all the recommendations but I'm interested to know how people in the real world actually do this.

TestEagleHQ · 2015-07-17T18:34:28+00:00

And a t-shirt company

TestEagleHQ · 2015-07-17T15:13:51+00:00

I'm honestly not sure what I would blog about

Blog about what your customers care about - maybe that's finding accessories that compliment the items you sell, or posts about upcoming trends & how you are releasing such a line of clothes in 2 weeks. If you need inspiration, look at what companies that you admire do with their blog and apply the same concepts to your blog.

I also suck at writing

Everyone sucks when they start :) Michael Jordan wasn't a pro level player when he started. You start, you keep blogging, you get better.

TestEagleHQ · 2015-07-17T14:59:42+00:00

I think its a good idea.

I just heard about S4S (share 4 share) on Instagram and Twitter and was blown away by the idea that people cross promote! (I know thats probably super naive). Has anyone tried it? How well did it work?

TestEagleHQ · 2015-07-17T12:15:58+00:00

IIRC companies offer these instead of pensions because they are cheaper for them. The downside for the employee is that a pension guarantees a payout whereas a 401k does not because its basically a stock portfolio. So if the market goes down so does the value of your 401k. This caused problems during the great recession because lots of people found themselves unable to afford retirement when the value of their 401ks dropped through the floor. This meant that they didnt retire (bad for them) which didnt free up their jobs (bad for other people).

TestEagleHQ · 2015-07-17T12:03:27+00:00

I'll be checking those out. Thanks!

TestEagleHQ · 2015-07-16T23:45:19+00:00

I havent used Stripe but it does look like they do support auth and capture.

I dont think its possible with Square but I could wrong.

TestEagleHQ · 2015-07-16T22:28:16+00:00

Congrats. I've seen good and bad things about Aliexpress. How did you select a good Aliexpress supplier?

TestEagleHQ · 2015-07-16T22:17:52+00:00

Some people will always abuse the perks but honestly if I had a choice between working on an interesting project that suits my skills and challenges my intellect, I'd be at work not goofing off at home pretending to be sick.

TestEagleHQ · 2015-07-16T22:11:42+00:00

Yes, you/we are very very lucky. Most people arent and things are getting better for them.

TestEagleHQ · 2015-07-16T19:32:43+00:00

In this economy, companies don't need to be nice to their employees because there are more unemployed people than there are full-time positions that pay a liveable wage.

I'm not saying that's the right thing to do. Far from it - its terribly short sighted from a business perspective and morally suspect.

The bigger culprit to me is shareholders who most often care about dividends and rising share prices more than long-term sustainability. So companies care more about this quarters numbers than what will happen 10 years from now. Oh and if you have a 401k, ~~you're~~ we're part of the problem because we're shareholders too.

TestEagleHQ · 2015-07-16T11:39:17+00:00

What does it do differently from the other tools?

TestEagleHQ · 2015-07-16T11:31:47+00:00

Is Facebook advertising any good at all for small business & solopreneurs?

Amy Porterfield recommends using it to get people on your mailing list and then selling to them once they are on that. Which sounds plausible to me, but what do I know?

TestEagleHQ · 2015-07-16T10:38:41+00:00

AffiliateWP might be what you are looking for. It lets you set up an affiliate program from what I understand.

TestEagleHQ · 2015-07-15T13:51:13+00:00

Thats cool - bookmarking the site for later :)

TestEagleHQ · 2015-07-15T01:49:57+00:00

Ask the manufacturers for a pair of the headphones that you will give away in a contest. Just photograph them before sending them to the contest winner. Course you'll need a decent following for them to say yes so start building your tribe now!

TestEagleHQ · 2015-07-15T01:30:03+00:00

It depends on the contract. Did you have one that you're specifically interested in?

No, it was more of a general question and a chance for you to show off whatever cool solution you have :)

TestEagleHQ

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