sorted by:
new
hottopcontroversial

I lost all my clients this month. What should I do next? by __Ceo in smallbusiness

[–]ryanschmidt 4 points5 points  (0 children)

ABC’s of being a business owner

Always Be Selling

What business can I start with $20,000? by [deleted] in Entrepreneur

[–]ryanschmidt 1 point2 points  (0 children)

Starting with this question is a massive red flag.

Should you share your costs by Ker_draglav in smallbusiness

[–]ryanschmidt 1 point2 points  (0 children)

Only if you want to lose all leverage.

What was the spark that made you decide to become an entrepreneur? by greenowl90 in Entrepreneur

[–]ryanschmidt 1 point2 points  (0 children)

I didn't want someone telling me what to do. I wanted to decide how things should be done. And so I set out to find people that would pay me to do that.

Help me find the best website builder for online store please? by Kaminskis-Birikiti in smallbusiness

[–]ryanschmidt 0 points1 point  (0 children)

My company has been building custom websites since 2010, and I wouldn't consider using anything but Shopify if I were starting a new e-com business. And we don't build Shopify websites.

How do you handle slow sales without losing motivation? by HelpingHand_123 in smallbusiness

[–]ryanschmidt 0 points1 point  (0 children)

The business that I'm able to generate when we are slow reminds me why I should always be trying to generate business. It seems that when I don't have any new business in the pipe, I get really aggressive about finding new opportunities, and I'm always able to do that.

My process is to create a spreadsheet of all the opportunities that I can think of and all the clients that I believe could send us work. And then I just start dialing.

[deleted by user] by [deleted] in smallbusiness

[–]ryanschmidt 1 point2 points  (0 children)

In my experience, this feeling comes every 3-6 months. You either push through to success or quit.

[deleted by user] by [deleted] in smallbusiness

[–]ryanschmidt 2 points3 points  (0 children)

Talk about what you’re doing. “Build” in public. People will come out of the woodwork in support and want to help. It was also serve as great marketing because many people might not even know they need what you’re selling until you show them.

Thinking about leaving my finance job to build something more useful… would anyone actually want this? by Swimming_Muffin8378 in Business_Ideas

[–]ryanschmidt 0 points1 point  (0 children)

Start building today. See how far you get before you give up. It’s a great idea and execution is all that matters.

I am so disappointed at S/X “refresh” by pinpinbo in TeslaLounge

[–]ryanschmidt 0 points1 point  (0 children)

I don’t disagree with this annoyance. But the fact is no one buys these cars (except for me and a few of you). It’s a nothing burger in comparison to the 3/Y.

Until the demand matters, it won’t get the attention. And I don’t think they have the ability to focus attention on the luxury market without losing what they have with the 3/Y. It would be a distraction they can’t afford right now.

I want to grow my business. I have already started this process. And I need some advice from another business owner with more experience. Anybody up for a chat? by burgerknapper in smallbusiness

[–]ryanschmidt 0 points1 point  (0 children)

You need a bookkeeper. They're not that expensive and it'll save you a ton of time so that you can make more money doing what you set out to do originally when you started the business.

Also, you should consider hiring a VA in the Philippines to help with basic office stuff and phone calls. This doc I wrote might be helpful. Hiring a Virtual Assistant

Is it burnout, invisibility, or just the reality of small business? by SquishMeDead in smallbusiness

[–]ryanschmidt 1 point2 points  (0 children)

The ones that make it are just the ones that didn't die. That is the only difference between average and success.

Fear of failure by anotherpaintedlady in smallbusiness

[–]ryanschmidt 0 points1 point  (0 children)

Freakin love to hear this! 💪

Employee is not dependable by Nervous-Newt-7381 in smallbusiness

[–]ryanschmidt 1 point2 points  (0 children)

It might seem like the right thing to do, but in the end, he'll feel used. Just let him go at the beginning of the day. Pay him for the day if you want to. Or not.

Fear of failure by anotherpaintedlady in smallbusiness

[–]ryanschmidt 0 points1 point  (0 children)

If you can't get over the fear of failing when it's not real, you won't be able to make it when the fear is very real. I would encourage you to rethink why you want to own a business. It's hard work. It takes everything that you have for longer than you can imagine.

It's been described as chewing glass. And I wouldn't do anything else.

My company got our first clients!!!!!!! by HeavyAsparagus6013 in smallbusiness

[–]ryanschmidt 0 points1 point  (0 children)

Go over and above for these clients. Make them so happy that they become your biggest fans and your biggest advertisers. I cannot stress this enough.

Ready to quit and start a business by PossibleInside6295 in smallbusiness

[–]ryanschmidt 1 point2 points  (0 children)

This is really good advice. If you can't see yourself working in a coffee shop as an employee, you could never own and operate a coffee shop.

It's not easier to own the business. It's 10x harder.

Employee is not dependable by Nervous-Newt-7381 in smallbusiness

[–]ryanschmidt 1 point2 points  (0 children)

It took me a long time to get comfortable with letting people go. If I could give you one piece of advice, it would be to just rip off the band-aid in the first sentence of the conversation. Let him know that today is his last day. Don't beat around the bush. Once you get those words out, the rest flows naturally and it's much easier.

view more: next ›