meetjoeblack
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Posts: 144
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RE: The Entrepreneur / Business Owner's / Self Employed Lounge
Currently, I am reading, Zero to One. I've been binge reading a lot and looking to put a lot more time into my start-up. I feel like I could just sit back, wait for retirement like most people but, I want more out of this life. I am seeking to reinvent the wheel. I don't want to follow the beaten path. After reading a ton, I regretfully admitted, I am not closer so, I started to familiarize myself with Sanskrit and I began to meditate religiously. I wanted to tap into other parts of my brain and further explore both consciousness and self-knowledge. I found a series of 250 free Udemy courses. Most are throw away but, it is helping me get the motivational juices flowing. I am finishing up Neil Patels' advanced marketing program. It is fantastic. Finally, I wanted to seek a drastically different path of consciousness. Initially, I wanted to partake in a traveling to Peru and doing the tea ceremony with a Shaman. Gladly, I would be open to go with a partner in crime, LTR gf or buddies and alternatively, go solo. Then again, having zero psychedelic experiences, I began reading about DMT the spirit molecule by Rick Strassman, works of Terrence Mckenna, and a variety of others. I began tripping. I found myself in a different place of consciousness. A recent experience with DMT brought me to a level of gratitude. I am reminded that, in the grand scheme of things, very little matters.
I am ready to put this insight to work.
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| 12-16-2017 02:25 AM |
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Off The Reservation
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RE: The Entrepreneur / Business Owner's / Self Employed Lounge
(12-15-2017 08:51 AM)Repo Wrote: It's a niche clothing product with the main target women of all ages. My rough idea would to use some of all of the above, with a heavy social media focus.
Right now if I do a web search, sites like Kohl's or Target come up first. But neither really covers the niche well at all. I possible could add a storefront in Amazon as well. Still brainstorming. Initially maybe I could dropship other people's products while I optimize the site, with a final goal of creating my own brand. I think their is heavy potential to bundle this product with related items.
I think there is an opportunity to re-do almost all of the basics in everyday american life for entrepreneurs with enough capital. My theory is this, JCP, Sears, Target etc have ruined the quality in the basic tshirt, razor, etc, as all they have cared about is china priced acquisitions to fund their massive fraud debt bubble disguised as a store.
Like the underwear being advertised on am radio, the no tuck shirts etc. And if you win at this game you are an acquisition target.
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| 01-08-2018 08:18 PM |
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The following 1 user Likes Off The Reservation's post:1 user Likes Off The Reservation's post
PapayaTapper
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greekgod
Wingman
  
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RE: The Entrepreneur / Business Owner's / Self Employed Lounge
(01-08-2018 08:18 PM)Off The Reservation Wrote: (12-15-2017 08:51 AM)Repo Wrote: It's a niche clothing product with the main target women of all ages. My rough idea would to use some of all of the above, with a heavy social media focus.
Right now if I do a web search, sites like Kohl's or Target come up first. But neither really covers the niche well at all. I possible could add a storefront in Amazon as well. Still brainstorming. Initially maybe I could dropship other people's products while I optimize the site, with a final goal of creating my own brand. I think their is heavy potential to bundle this product with related items.
I think there is an opportunity to re-do almost all of the basics in everyday american life for entrepreneurs with enough capital. My theory is this, JCP, Sears, Target etc have ruined the quality in the basic tshirt, razor, etc, as all they have cared about is china priced acquisitions to fund their massive fraud debt bubble disguised as a store.
Like the underwear being advertised on am radio, the no tuck shirts etc. And if you win at this game you are an acquisition target.
Whole heartedly agree.
If you look at Dollar Shave Club, Warby Parker, Purple Mattress, Bonobos, etc, etc..they basically just picked one specific area and streamlined the product ecosystem in their offering. Yes, midscale men's clothing and eyewear need more options than a razor category. Nonetheless, they took a vulture approach to the huge monolith. It's going to keep happening. Every large consumer name will die death of thousand cuts on a similar model.
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| 01-09-2018 04:02 PM |
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The following 4 users Like greekgod's post:4 users Like greekgod's post
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Off The Reservation
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RE: The Entrepreneur / Business Owner's / Self Employed Lounge
(01-09-2018 04:02 PM)greekgod Wrote: (01-08-2018 08:18 PM)Off The Reservation Wrote: (12-15-2017 08:51 AM)Repo Wrote: It's a niche clothing product with the main target women of all ages. My rough idea would to use some of all of the above, with a heavy social media focus.
Right now if I do a web search, sites like Kohl's or Target come up first. But neither really covers the niche well at all. I possible could add a storefront in Amazon as well. Still brainstorming. Initially maybe I could dropship other people's products while I optimize the site, with a final goal of creating my own brand. I think their is heavy potential to bundle this product with related items.
I think there is an opportunity to re-do almost all of the basics in everyday american life for entrepreneurs with enough capital. My theory is this, JCP, Sears, Target etc have ruined the quality in the basic tshirt, razor, etc, as all they have cared about is china priced acquisitions to fund their massive fraud debt bubble disguised as a store.
Like the underwear being advertised on am radio, the no tuck shirts etc. And if you win at this game you are an acquisition target.
Whole heartedly agree.
If you look at Dollar Shave Club, Warby Parker, Purple Mattress, Bonobos, etc, etc..they basically just picked one specific area and streamlined the product ecosystem in their offering. Yes, midscale men's clothing and eyewear need more options than a razor category. Nonetheless, they took a vulture approach to the huge monolith. It's going to keep happening. Every large consumer name will die death of thousand cuts on a similar model.
as they well deserve...
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| 01-09-2018 06:50 PM |
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The following 1 user Likes Off The Reservation's post:1 user Likes Off The Reservation's post
PapayaTapper
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buja
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RE: The Entrepreneur / Business Owner's / Self Employed Lounge
(01-10-2018 03:42 PM)tomzestatlu Wrote: I have a question for experienced entrepreneurs.
Let´s say you have some online business idea. And you need to involve other people like coders or some smaller investor. How do you ensure yourself, that they won´t steal you the idea? I am talking about building online stuff, that means they probably live on the other side of the world and you never meet them.
Ideas are cheap.
Ideas don't make money.
Stealing an "idea" is nothing to worry about.
It takes a lot of work to turn an idea into reality.
Almost all people won't do it.
Some coder on the other side of the world will not have the desire or the knowledge or the experience to turn an idea into reality.
If someone else has a business with the same idea as yours...that is a good thing because it means that there is a market for it.
If you execute well, people will like the way that you do it and you will have customers.
Many people had the idea for a user-generated video website.
YouTube executed it the best.
Google could have easily copied YouTube's "idea" but instead they bought YouTube.
Google tried to copy Facebook's "idea" and all they got was Google Plus.
Get to work and get customers...
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| 01-11-2018 12:05 PM |
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worldwidetraveler
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RE: The Entrepreneur / Business Owner's / Self Employed Lounge
(01-17-2018 02:10 PM)Statesman Wrote: Ever get those days where you literally don't/can't get any work done?
I'll wake up, go through my routine, load up my work and then... nothing. The brain just doesn't work. In fact, it does the opposite and seems to constantly pull me away from anything positive.
Usually happens after a really productive week. Fuck, it's annoying.
Ah well, tomorrow's a new day.
Yep, I just went through a little bit of that over the holidays. I still work, but when productivity is low I try to do more mindless tasks. That and getting some fresh air, exercising, sleep, etc... more time away from the computer.
The harder I try to push through it the worst it becomes so I just chalk it up to needing a break.
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| 01-17-2018 02:36 PM |
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The following 1 user Likes worldwidetraveler's post:1 user Likes worldwidetraveler's post
Statesman
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