#FirstBusiness

[amfshoebrand]

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[stormbringrr]

#lemonadestand #bracelets #firstbusiness first weekend move in and wedding. Second weekend bbq pool parties, painting walls, sleepover party and a lemonade-bracelet stand. Lemobra (pronounced lemo- broaahhhh) #livelifeatfullspeed https://www.instagram.com/p/CDorIr6HUcc/?igshid=8b7dbh8unq51

[karlniilo-blog]

Failure for the 1st time isn't the end of all. ♛ #Karlthementor —————— Follow 👉 Karl Niilo Follow » Karl Niilo Follow 👉 Karl Niilo ——————

[freelance-arc]

Learning by doing, and how not to do it. 4 Things I learnt from my first business.

Guitar Solutions. My first business.

What an experience. So much time spent, and late nights. Trying and trying and trying again.

GS is on hiatus right now. It has been for a few years. It may well be forever at this point. I keep toying with the idea of following through with the big rebrand I had lined up shortly before I gave up and kicking it back into gear.

(Note -I did give up. I had a bad stint after the biggest opportunity that had ever presented for GS became a sour, arduous experience. I set it to one side, I needed a break, and never picked it up again).

The knowledge is there. The enthusiasm’s there. But, so is the key takeaway from it all.

You can’t just start a business and expect it to be financially viable. 

A successful business needs a little more thought than none at all.  I started GS because I needed more money, I wanted more money. I looked at my skills and thought “What can I do, I can fix guitars”, and went from there.

Musicians, as a rule, don’t tend to have a whole bunch of cash anyway. Especially after a couple of years in 2008 when the recession hit. People were literally losing their jobs. Things like a spanky service on the guitar was just too luxurious to consider.

If I’d considered it at all, I’d have realised that it was a very small marketplace, and I was going to struggle.

Now, any one of today’s sales and marketing gurus will tell you that getting right down to specifics is good. Find your niche. Make it super focused. 

This is great when the people in that niche have plenty of cash to buy your services. But if they aren’t there, it’s gonna be an uphill battle.

Thing is, those clients were there. I knew they were. I wanted them but was too scared to approach them. The impostor syndrome was so strong I didn’t dare promise them anything, which didn’t matter cos I didn’t approach them at all.

I didn’t consider learning to sell cos I thought of it as pushy, sleazy absolutely not for me or my customers.

People would ask me about work and I’d pitch them, and 4/5 times they’d say “Cool, I’ll give you a shout on payday”. Payday never came.

The most salesy I ever got would be to say, “I can squeeze you in this week, before XYZ for *name drop*, and we can sort out the other stuff (payment) after”.

This improved things a bit. The workflow increased, happy customers came back. Until the “pay me later” bit reared its head and I ended up waiting 2 months for payment for a big job. It shouldn’t have been a problem except that I’d sunk all the assets I had into paying the supplier to complete this one. Deposits I’d put down on items to buy and sell were forfeited. It cost me more to come back from than I made.

I rethought the pay me later approach. It was a hard lesson in Liquidity, the lifeblood cash flow of a business. 

If the cash flow stops, the business stops.

It served a second lesson too. Serving friends. The guy I did the work for was a friend, in a locally known touring band, they were doing well. It made total business sense, plus my mate wasn’t going to let me down on his end of the bargain, was he.....?

There’s lessons in owning your own business that you’ll NEVER expect. You end up doing things you never saw coming, and you get to see people you think you know really well in a very different light. 

Honestly, now, I avoid working with anyone I have a prior relationship with. Just in case.

I wasn’t gonna let myself be a mug again. It was the second time that working with a mate had burned me. The first time I started teaching lessons with another friend of mine. I put the word around, sorted a venue to teach in, hand wrote the lesson plans and teaching materials, and dealt with the contact with the client - a lady looking for guitar lessons for her two daughters, about 9 and 11 years old, during the summer holidays. The first lesson went really well, we got paid and I split the cash with him 50-50 like we agreed. 

The second week came, we started the lesson. He was hungover and swore, albeit casually in front of the girls. NOT COOL. I told him that if that’s how he felt then I’d do the lesson without him. They never rebooked. My reputation as a teacher was dead, thanks to my friend.

So, be very careful who you trust your time, money and reputation with.

Anyways, I persevered. It took a little while, but basically, I lent the business the cash from my own pocket. I wasn’t about to let all that effort lose steam and go to nothing. Custom was steady but slow. I tried to get people engaging online, to interact with the posts I found. I’d get a like. One post had a few shares, and no-one even mentioned GS. I was gutted.

I know now that I was trying to market, but didn’t know it. I thought if I post cool content then people will talk about GS. This is kinda true, cos content marketing IS a thing, but it’s one aspect. 

You need a call to action (tell people what to do - call me, email, message here, get in touch for your 10% discount, today only!) But you need to tell them how you can help them. Don’t just say “We’re so great, we’re the best, blah blah”. 

Try “We’re the best. We’re the best because whatever instrument you send to us will be so improved, and make your playing so great, whoever you like will fall at your feet pleading to go out with you! Oh, and the record company will offer you so much cash you’ll be crushed”.

Well, not quite like that, it’s long-winded for a start. But what it does is portray the benefits of your services. They imagine the hotties falling at their feet, and swimming in cash. 

Some people care about the height of the action on a guitar neck. Others care about it cos they know it’ll make them shred and look SICK. AS. FUCK.

Y’see the difference? 

What you do is one thing, but how it relates to the customer is the important bit, so tell them that.

On top of all this, I learnt about registering as self-employed and doing tax returns, which aren’t nearly as terrible as you think they are, getting adverts in relevant magazines, buying domains and hosting. Trying to set up a website (I was using the wrong platform).... The list goes on.

Choose your niche.

Cash is king

Be careful who you let in.

Learn to market yourself. Tell your customers how your services benefit them.

Read this. Remember the pitfalls I discovered. Set your business up anyway (after relevant research!) and GO FOR IT!

Good luck!

Follow Freelancerskil for more

[amitpatels]

Building a Business is like driving a car at night. You can see only as far as your headlights, but you can make the whole trip that way. Most people are afraid to start a business. They try to find all answers before they can even take the first step. That's how most people don't become entrepreneurs. Think about the business you want to get into. Take the first step. That's 50% of the way to becoming an entrepreneur. Then take one step at a time. You may have to take a U turn or change direction midway. That is fine. But start something. Start something today. #startyourownbusiness #business #entrepreneur #entrepreneurs #buildingbusiness #startups #firstbusiness https://www.instagram.com/p/BnV-mt6nzqo/?utm_source=ig_tumblr_share&igshid=y9gwc8ru6z46

[distinct-projects]

Be prepared to excel through the market as a professionally structured brand. Get the resources you need to #BecomeDistinct.

www.distinctprojects.com

[studywithannadinh]

Can’t believe I have a shop🤩🤩🤩

[queenroyalme]

STOP AND HELP A SISTA OUT!!

To everyone out there I know I aint got much followers yet, but here it is I am plotting on a business I am going to be self made because i cant be anything else. 

Just watch I am surrendering to the air as this ride shall take me places I am destined to go<3

[best-reviews]

A Secure Start and Full Support For Your First Company From FileNow

Starting your first company

Choosing your partners for a first business is essential. The time you could spend on registering your business, and all the stressful paperwork can be only a thought because, with the right tools and help, you’ll get whenever you want in a short time. Using a company formation service can be your support through all the business processes. How does the thought of having such a service for handling everything for you sounds? But as much as you’re willing to achieve, many companies could rather slow you down or confuse you, while others become a waste of time and money. Today, however, we’re going to talk smart business, smart money, and more efficient projects in a short time with Filenow. What is Filenow? Filenow is an online-based service that can support your plans for developing your first business. So, you’ll get a lot of help right from the start with all the process of registering your new business as an S Corporation or an LLC. Corporation. 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They will get sure that the business title you have picked is available, and check if there are no mistakes in your application. Your documents required to register your company will be ready in a short time and send it to you. Sit back, relax, and don’t forget to dream big! Your business is filed with state The third step will prepare your full application and send it for approval with the state. The process is not stressful at all, and you can get full support anytime to find out the status. Get your corporation package After the Filenow team gets the state’s approval, your company is now official. You will get a mail/email soon with the corporation package. Remember that Filenow comes with a return of only 24 hours, without any extra cost. You will also get an option to receive your filing expedited for a small fee so that you can have your business up real fast. Moreover, if you’re not satisfied with the service received, you can ask for customer help and get a refund. The formation packages comprise a free EIN/Tax ID, a free Registered Agent option for a full year, online order status tracking, FedEx Shipping with tracking available, phone or email support, and electronic delivery for supporting the environment. And that’s not all because Filenow will also provide you free electronic alerts to inform you of any significant and essential information relating to your company type, such as achieving deadlines. Find out the advantages of working with Filenow Filenow’s work will always satisfy everybody’s needs due to its full support and essential services and options it provides. If you need more assurance, let’s take a look at some sleek advantages, ready to fulfill your desires when it comes to developing a business: the company prepares an accessible and affordable method for small business to register as a Corporation or LLCall business formation types got one year of registered agent service for freeyou can access all your business documents online whenever you wantthe registration process is fast and easy to comprehend, and it can be completed in almost 15 minutesunlimited phone, email, and chat support is offered at no extra feean EIN Number/Federal Tax is part of the business formation packages, completely for freeFilenow offers a 100 % money-refund guarantee if you’re not satisfied with it provided for your business The online service provides you 24-hour order processing at no extra fee so you can start running your business as soon as possible. How much Filenow costs? The online-based service, Filenow, comes with two company formation options, the Starter Package and the Premium one. Let’s begin discussing the Starter Package, which is available with a “price tag” of only $49+State costs! It comprises 24-hour processing, Free EIN/Federal Tax ID, company alerts, unlimited email or phone support, error-free guarantee, online order status tracking, FedEx shipping with efficient tracking, and electronic delivery. As for the Premium Package, things are the best so far because it got one of the essential features. It comes as a $149 package and offers everything from the Starter Package, and a premium quality developed-to-order business kit with seal and binder, a banking resolution data which will permit you to open a business bank account. Also, if you choose to go with a Registered Agent Service after the first year ended, you’ll receive a renewal fee of $119/year. Other significant features and services: DBA (Doing Business As): $75+State TaxEIN/Federal Tax ID: $75Reservation of Business Name: $50 + State TaxApplication for Authority: $149 + State TaxCertification of Good Standing: $49 + State Tax

Could Filenow offer you the greatest Business formation service? After taking a closer look at Filenow services and its ways of helping you, there are a lot of benefits to satisfying everyone’s needs. Filenow provides a very accessible and affordable business formation service, with one of the smartest and fastest methods and processes yet released by such a service. It comes with incredible efficient packages starting at only $49 + State tax, a free year of Registered Agent service, and a free Federal Tax ID/EIN Number. The reviews are great, and customers succeeded in achieving their goals with the help of Filenow’s services, even if the online-based company is not a veteran as its rivals. Overall, choosing Filenow could be your best decision if you’re looking for an affordable package to register and build your business. Read the full article

[racingfox]

Ben's treating us... #prouddad #firstbusiness #businessfirst (at Hibachi Seafood and Steakhouse) https://www.instagram.com/p/BuCae8-jYIaLRnUfMvNOZlNDuMlwqL8O8WPdfQ0/?utm_source=ig_tumblr_share&igshid=brczewu07apq

[businessonaplate-blog]

Have you got an idea for a business? Do you need help or advice? We have everything you need to make that first step. 

[cr8passionlove]

🔸Work from Home 🔸Direct Deposit 🔸Set your own hours Inbox/DM for more information. #SecondJob #FirstBusiness #WorkFromHome #BeYourOwnBoss #DirectDeposit #OwnHours #FinancialFreedom #BossBabe #MomBoss #Cr8pl https://www.instagram.com/p/CP6uVseDt-z/?utm_medium=tumblr

[mentalmorfosis]

Regrann from @coreofyuuko - First business success!!! #lemonadestand #downtownvancouver #citykids #yunée #3yearsold #beatfriends #businesspartner #partnerincrime #cityliving #firstbusiness #startyoung #girlpower #mija #businessgirl #girlpower (at Vancouver, British Columbia)

[floriankoschat]

Mit 14 habe ich eine Band gegründet und damit mein erstes Geld verdient 💰

⠀

Und das erste Geld ist schon etwas besonderes.

Womit hast du dein erstes Geld verdient?

#firstbusiness #selfmade #music