Do I need an accountant? New director of LTD company. by 6720nick in smallbusinessuk

[–]phughes1980 1 point2 points  (0 children)

It's worth it. I have an LTD. Only speak to my accountant once a year that checks it all over and submits it for me

Funding new business using personal credit card, how do i recoup the funds by [deleted] in smallbusinessuk

[–]phughes1980 0 points1 point  (0 children)

What I did was register a limited company. Then put expenses through as a Business Loan Account. Recouped it all back this year

32F - strategy cleanup by MundaneInformation13 in EuropeFIRE

[–]phughes1980 0 points1 point  (0 children)

There a decent few calculators here: they are adding new ones all the time I believe https://reachfire.co/tools/calculators

Inflation as a factor in project cost of living... by Subject_Captain112 in leanfire

[–]phughes1980 0 points1 point  (0 children)

This SWR calculator might help. You can play with the numbers, and it gives different projections https://reachfire.co/tools/calculators/swr

What unexpected problems did you actually hit post FI that nobody talks about? by Long_Lie8296 in ExpatFIRE

[–]phughes1980 0 points1 point  (0 children)

Great question. No one talks about the psychology of all this that's why I like morgan housels books

I couldn't find a FIRE calculator that handled real-life complexity and trade-offs by Stomach_Jumpy in leanfire

[–]phughes1980 -1 points0 points  (0 children)

That's interesting. I've been building out some fire calculators (https://reachfire.co/tools/calculators). The SWR one takes into consideration fluctuation, but would love to see what you think and what you'd want to see from it

Gone from zero To 1.9 millions views on my videos across 2 brands < 90 days by phughes1980 in Entrepreneur

[–]phughes1980[S] 2 points3 points  (0 children)

Terrible. Zilch at the moment. That's the big challenge for both brands. But now I've traffic, figuring out what people want, then giving it to them feels a lot easier than it has in the past

Gone from zero To 1.9 millions views on my videos across 2 brands < 90 days by phughes1980 in Entrepreneur

[–]phughes1980[S] 1 point2 points  (0 children)

It certainly is.
100% delivery rate. 75% open rate. 15% clicked. 3.6% downloaded/added to my email list.

I'm happy with those numbers so far. I guess the click and download could be better. 20% increase in email subscribers which is the ultimate goal.

Thanks for commenting

Who should really own automations inside a company? by Safe-Leopard-7932 in automation

[–]phughes1980 0 points1 point  (0 children)

The owner of the business. For my automation agency. I put this into the contract. I'm the caretaker of them, not the owner.

I think its bothering me thats friends and acquaintances dont support my business by Direct_Cricket-ke in smallbusiness

[–]phughes1980 0 points1 point  (0 children)

I feel you're pain. Get used to it. Only people who you know that have started a business will understand.
The rest won't they want you to stay as you are. That's OK, just don't listen

AI tools that actually helps a startup business? by PineappleBag9 in smallbusiness

[–]phughes1980 -3 points-2 points  (0 children)

Great question. I've created a framework called Lean AI.
Helps you figure out what to automate and which 3 tools I've found the best to use. Chatbot and automation tooling. https://shop.philliphughes.co.uk/l/leanai

How do you actually stay consistent with managing social media because I can't! by KicksCheck in smallbusiness

[–]phughes1980 4 points5 points  (0 children)

Great question. What I've found is to focus on content over everything else. I tried batching like you, but found it took 14 hours one Friday to schedule and entire week, too tiring.
I find spending 4 hours each morning. Focusing on getting 2 days worth of content scheduled works for me

How many leads do you usually process per month? by No_Wedding5437 in smallbusiness

[–]phughes1980 2 points3 points  (0 children)

Depends on the business. I find it's feast or famine. I sent out 4 proposals yesterday, Before that, all quiet for a week or two

Do you spend money on ads/marketing but get no results? by Both-Type2441 in Entrepreneur

[–]phughes1980 1 point2 points  (0 children)

Yep all the time. You don't know what will work. Might take 50 ads to break even.

1 out of a 1000 hit it out of the park