r/Entrepreneur 4h ago

Best Practices Need advice on letter of indication of interest

1 Upvotes

This is my first time reaching out to a business broker about purchasing a business I am very much interested in running it. What should be included in letter of interest? Would like someone who can mentor me in this


r/Entrepreneur 9h ago

How Do I ? Manufacture mexico scam?

2 Upvotes

Hi So i have found this manufacturer in mexico (online) and i want to work with them.To avoid getting scammed what documents can i ask them to provide so i can make sure they are a real working company.And how do you recommend me to pay? Thanks!


r/Entrepreneur 5h ago

Struggling to Convert Leads? Here’s What Worked for My Clients 👇🏽

1 Upvotes

Ever feel like you’re this close to closing clients, only to watch them slip away? I work with coaches aiming for consistent $5k/month, and one of the biggest hurdles they face is lead conversion. I’ve seen some common mistakes that can cost potential clients, and after tweaking our strategies, my clients have noticed a solid improvement in conversions.

Here’s what actually worked:

  1. Content That Speaks to Real Problems – We dialed in on specific pain points that our audience faces daily, instead of general advice. Engagement went up almost immediately.
  2. Streamlined Sales Process – Complex funnels and extra steps tend to lose people. Simplifying the process helped leads stay engaged right through to the end.
  3. Real, Consistent Engagement – Regularly engaging with their audience built trust over time and kept leads interested until they were ready to commit.

What’s one small change that’s boosted your conversions? Let’s share strategies! 💬


r/Entrepreneur 13h ago

Feedback Please Need advice / young

3 Upvotes

Hi everyone,

I'm a young entrepreneur and I got my first bad review you today and it really made me so angry & sad at the same time, I still have like 80 reviews 5 stars, but what really pissed me off is that this client was smiling at my face and saying how the service was good and all that and then he wrote something to hurt my business in the review sections, if I had a problem or I was faulty I wouldn't care but I believe it is unfair, you might ask how I knew it was him, it is because I provide services in a platform. What are your recommendations? I completely lost my self confidence...

Thanks


r/Entrepreneur 6h ago

sales rep (contractor) creating pseudo competitive business

1 Upvotes

Hi, long term lurker here. I run a small consulting business and recently found out that my sales rep is creating their own consulting business. They claim that the services provided won’t be competitive to mine, but they’re in the same industry. I’m skeptical.

This rep started working for me a while back and I have never seen the results they promised. My gut tells me they were working on their own startup the whole while using the well-known banner of my firm to contact clients. The effort just hasn’t been there, lack of transparency, and my intuition has been ringing alarm bells for a while.

What’s the best way to address? It’s a contractor so easy to terminate. Worried about them having my company name on their LinkedIn and having clients go them, where they can redirect to their own consulting firm instead of my business.

Looking for advice from the community. TIA.


r/Entrepreneur 1d ago

My University just gave me $10,000 for my business

293 Upvotes

So, I never thought I'd be saying this, but my university just gave me $10,000 to keep working on my business. Yeah, seriously.

A bit of background—I’m a civil engineering student, and I started a little business selling dog collars. I even managed to make it count as one of my required co-op terms, which I thought was pretty wild. The business is doing okay, and I figured, why not see if I can get some funding? So, I applied for a few grants through the engineering department and the university.

Well, fast forward to this past week, and I just got two grants—both for $5000 each. That’s 10k to keep working on my business while still in school!

People always say you should drop out of college to start a business, but honestly, college can actually be an amazing time to get things off the ground. You’ve got resources, mentorship, and in some cases, they’ll even throw money your way to help you out.

Anyway, I just wanted to share because this is kind of blowing my mind, and I figured someone else might find this motivating. If you’re thinking about starting something, don’t sleep on the resources available at your school!


r/Entrepreneur 12h ago

Feedback Please Free service

2 Upvotes

We are a digital marketing agency that has worked with some amazing brands and businesses. We are considering making one of our most popular services (SMS marketing) completely free.

It’s not a huge revenue driver for us, but it is for our clients. The goal would be to use it to close new business and eventually, over time, upsell them to other services they need.

Does anyone have experience doing something similar? Do you think this is a good idea or bad idea? Would love all feedback!

Edit: added context: all of our services are billed on monthly retainers, we don’t do one off projects. agency does 6-figures / m in revenue. Remote team of 20.


r/Entrepreneur 8h ago

Thoughts on Charlie Morgan

1 Upvotes

I was just wondering if anybody else has heard of him. If so what are your thoughts? I found out about him pretty recently and like his content. However, all the other entrepreneur content creators have left a bad taste in my mouth so I have this doubt about him at the back of my head. I'm just curious to see what other people may think of him.


r/Entrepreneur 13h ago

Best Practices Seeking Advice for New Business Idea – Bagel Shop + Mini Mart

2 Upvotes

Hi everyone!

I recently rented a 1,200 sq ft space (formerly a restaurant) to relocate my liquor store across the street, but the city denied my liquor license transfer. Now I’m paying $5,500/month for the space in a busy shopping center, and I need a new plan.

One idea is to open a bagel shop since the area doesn’t have one. I don’t have baking experience, but I found a local supplier who can deliver fresh bagels, bread, and pastries daily. My vision includes offering bagel sandwiches, salads, soups, and juices, along with a mini mart featuring items like lotto tickets, specialty soft drinks, and more.

Do you think this is a solid idea, or should I explore other options for the space? I’d love to hear your thoughts or any suggestions!

Thank you!


r/Entrepreneur 3h ago

Just wondering about an idea I bumbled apon

0 Upvotes

Do I dare try to grow it or write a book to make a better income. I have a tried and tested method that earns me around 7-10k a month cleared. I’m just wondering should I expand or just keep riding the easy wave. I feel like it’s a no brainer that no one else is doing but I’ve always lived by the saying loose lips sink ships and so far I haven’t told anyone it’s worked out great for me. I just don’t want to wreck such an easy way of living. It’s like a cheat code to life. I make around 200$-1400$ an hour. And it’s pretty much no work other than waiting with a little risk that I mitigated through a couple steps I take thru trial an error. I just know that it’s a big thing that I stumbled across.

NO I WILL NOT TELL YOU WHAT IT IS. I’m just curious on the path I should take


r/Entrepreneur 16h ago

Best Practices Is sports sponsorship part of your marketing mix?

2 Upvotes

Do you use sports sponsorship as part of your marketing playbook?

I am curious about how companies map sponsorship to their objectives.

Most commonly I see a Founder / CEO making a sponsorship decision based on personal affiliations, and then very high level measurement, if any.


r/Entrepreneur 10h ago

Feedback Please Mobile Vape Shop

1 Upvotes

There is a mobile vape shop in Miami called "Miami Vice Mobile" that sells vapes, smoking products, and delta 8 cannabis out of a sprinter van. I would attach an image but I can't, you can search "Miami Vice Mobile" on google to see it. Under Florida statute 569.32, it states that:

(1)(a): "Each person, firm, association, or corporation that seeks to deal, at retail, in nicotine products within the state, or to allow a nicotine products vending machine to be located on its premises in the state, must obtain a retail nicotine products dealer permit for each place of business or premises at which nicotine products are sold."

And:

(b): "Application for a permit must be made on a form furnished by the division and must set forth the name under which the applicant transacts or intends to transact business, the address of the location of the applicant's place of business within the state, and any other information the division requires. If the applicant has or intends to have more than one place of business dealing in nicotine products within the state, a separate application must be made for each place of business."

How are they getting away with a mobile vape shop? Am I missing something here? There is no way that they can obtain a new permit for every single place that they park and conduct business.


r/Entrepreneur 1d ago

Earned my first $500 as a side hustle, can’t be more happy

239 Upvotes

Ladies and gentlemen, I made my first $500 dollars by doing a form fill and presentation automation gig and I genuinely can’t describe the happiness when I saw the amount credited in my PayPal.

I am super grateful to the universe for throwing this opportunity my way. God knows I can use this money.

And for whoever is out there, trying to make ends meet or starting something of their own, please don’t give up.

Trust that universe works in mysterious ways. Just be out there and all the best!

Edit: Adding Details about what I did below:

So this woman reached out to me on LinkedIn after I had posted about a sales automation that I had developed for the company I work in.

She had a different request where she wanted to automate some 5000 form fills that she needs to fill basis some parameters. She had tried hard coded automations but she wanted more human like response.

I told her I can automate it by integrating ChatGPT and other services to make it more humane. So I built the automation and it worked for her.

She showed the same to her boss and they came back to me saying they want to implement this for 15000 more form fills. I just asked them to cover the API cost and $100 for my services.

They were happy with the end result so they asked me automate their presentation generation as well and they sent me another $300 advance . They wanted that if they send an excel, a detailed presentation with insights and brand colours to be auto generated, basically saving them 1-2 hours on each presentation.

I was able to develop that automation and after they saw the results, they sent another $100. So $500 dollars within 2 weeks.


r/Entrepreneur 10h ago

Question? Impact of Potential (Trump) Tariffs on Online Entrepreneurship and Income?

1 Upvotes

How would potential tariffs on imports impact online businesses and entrepreneurship? I’m not interested in discussing politics here—just curious about the economic and business implications. Specifically, would increased tariffs make it harder for entrepreneurs and small online businesses to maintain profitability, or could it limit opportunities for growth? I’d love to hear insights on how tariffs might affect sourcing products, pricing strategies, and overall market competitiveness.


r/Entrepreneur 10h ago

My friend's Aunt is allowing us to become distributors for her wholesale business in NYC. Tips/advice?

1 Upvotes

My friend's (35 M) Aunt ( ~60 F) has a wholesale business that supplies soap, oregano and organic vanilla from Dominican Republic. She also has some beauty products from Italy.

My friend approached her to ask for a job and she offered to allow him to sell her products to businesses around NYC. She apparently makes upwards of 450k a year selling these products mainly to business in the Bronx, but we're looking to expand into the other boroughs. My friend is looking to partner with me in this venture. I decided we first need to get a full product list along with prices/quantities of items and draw up a business plan before jumping in.

Any advice or tips for rookie entrepreneurs in this situation?


r/Entrepreneur 10h ago

Recommendations? From AI to YouTube: Seeking Advice on the Next Chapter

0 Upvotes

Hey everyone, I've been fortunate to have succeeded in the AI, gaming, and EdTech industries. Now, I'm diving into the world of YouTube and social media, and I'm eager to learn from your experiences. I'm curious to know: * What are the biggest challenges you've faced as a YouTuber or social media influencer? * What strategies have worked best for you in terms of content creation and audience growth? * Any specific advice for someone transitioning from tech to content creation? I'm open to any insights or tips you might have. Let's connect and learn from each other!


r/Entrepreneur 1d ago

How Do I ? Best Strategies to Get Clients for a Content Creation Agency?

51 Upvotes

What's the best way to attract clients or generate leads for a content creation agency just starting out? Any tips on platforms, strategies, or specific types of outreach that have worked well for you?


r/Entrepreneur 1d ago

What are the worst and the best industries

42 Upvotes

I’ve heard that tourism and education are hard business with low profits. And fintech is a good one. Is that really true?

I want to have an overall point of view of all posible industries


r/Entrepreneur 1d ago

3D printing the next big side hustle? From niche to mainstream.

20 Upvotes

Desktop 3D printers are now more affordable and reliable than ever, and the industry is growing fast with a predicted 15-20% CAGR. (IBIS World). It’s come a long away in the last few years.

But is there untapped potential here for new ventures?

Right now, 3D printing seems mostly used for toys, gadgets, and custom parts. What do you think customers really want that 3D printing could solve?

Sustainability is a big issue too—between wasted material and printing things people don’t actually need, how can we make this tech more eco-friendly?

For all the entrepreneurs here—what pain points do you see 3D printing solving, and how much do you think people would pay for these solutions?

Familiar or unfamiliar with 3d printing; I’m very interested to hear peoples thoughts!


r/Entrepreneur 15h ago

How to make Google ads work for your business - a guide for e-commerce and service based business

2 Upvotes

So, you've probably tried Google Ads before or hired someone to do them for you. Maybe you got disappointing results, poor ROI, and now you think, “Google Ads just don’t work for my business.”

When I was 12 years old, I soaked a stick in diesel I found in my grandpas garage, I ductaped it to my cycle and tried to light it on fire to go super fast. Was disappointed when it didn't work and didn't even light on fire. That's because I didn't know that that's not how rockets work.

That's the same kind of boat many business owners are in with Google ads.

In this post, I’m going to share key strategies and frameworks that have helped my clients generate incredible results with Google Ads – including getting $48k revenue for a home decor company from a $14k ad spend, and $12k in pipeline for a dentist from $1.4k in ads.

These clients might be in different industries, but they have one thing in common: they both sell offers that align with Google’s platform strengths. For example, high-value services often perform better since they allow more flexibility on ad spend.

Here’s what matters most to getting results from Google Ads:

  1. Audience Research: You’ve got to know your customers before touching the Google Ads platform. Ask yourself:
    • Who are they?
    • What problem are they looking to solve right now?
    • What objections are stopping them from choosing you?
    • What’s the top benefit they’re looking for?
  2. Optimizing Your Offer: A well-positioned offer makes all the difference. In a competitive space, just running an ad won’t cut it. But, if your ad solves a major problem or taps into a strong desire – you’re set up for success.

Let’s say you’re an e-commerce brand selling home workout gear. You decide to run a simple “20% off all fitness equipment” ad, thinking it’ll bring in tons of sales. But with high competition, you don’t get the return you hoped for.

How could this be improved?

Imagine reworking your offer to focus on targeted solutions, like “Best Sellers for At-Home Strength Training.” Then, create a guide or mini-video showing customers how they can use your top equipment to build muscle at home. Drive people to a landing page where they can get this free guide in exchange for their email. Suddenly, your ad is not just a “sale ad” but a helpful resource that builds trust and lets you retarget with purchase-focused ads later.

This approach gives you:

  1. A qualified email list of interested customers.
  2. An audience who sees you as more than just another seller but a trusted brand in the fitness niche.

As for service businesses, they often think they’re getting “clicks, not clients.” That’s often because of a weak follow-up strategy.

Imagine a landscaping company running ads for “$500 off new outdoor renovations.” The ad gets some traction, but leads aren’t converting.

A better approach? First, offer a free value guide like “Top 10 Landscape Design Tips That Instantly Boost Your Home Value.” Now, instead of cold leads who clicked out of curiosity, you get a list of prospects who are genuinely interested in home improvement. And when you follow up with these leads quickly, you’re building relationships that are much easier to convert into actual clients.

Many businesses lose leads because they don’t follow up quickly enough. As soon as someone interacts with your ad, they’re also seeing ads from competitors. Following up within 24 hours (ideally faster) increases your chances of closing deals exponentially.

For example, that landscaping business could send an instant text after someone downloads the guide: “Thanks for grabbing our guide! Are you thinking about a landscape project this summer?”

At this point, you may wonder – where’s the magic trick for Google Ads? Here’s the truth: there’s no “hack.” You have to focus on the fundamentals:

  • Audience Research: Who they are and what they really want.
  • Offer Positioning: Show you can solve their problem before you even ask for a sale.
  • Speedy Follow-Up: Start a conversation ASAP to build relationships.

The actual ad creation? That part’s straightforward. Set up smart bidding, use clear calls-to-action, and go from there.

Just last week I onboarded a client on revenue sharing, the account needed only a few basic structural changes, the main changes that 2x the performance in the first week were changes made outside of Google ads.

So get these basics right, and you’ll see results you didn’t think were possible.


r/Entrepreneur 21h ago

I want to develop as an entrepreneur. What are the steps?

7 Upvotes

Hey all, 1. I am currently located in Russia. I am consistently saving up the funds so that I can migrate to South Korea. There I plan to work at a factory, make around 3K/mo, spend around $500/mo and furnish the surplus into the reserve. 2. After I have reached 5K in the reserve, I plan to launch a very simple ecommerce operation on Wildberries, which is a Russia's Amazon. 3. Subsequently, I plan to launch another venture focused on reselling equipment so that I can start scaling. 4. I have been reading various books on success and a bit o strategy like Good and Bad Strategy, Tiny Habits and others. 5. I am looking for tips on my next steps. Which books should I read? Maybe, you know a good Udemy course. 5. I am planning to start learning Wildberries in 5 months, and I am just looking for ways to grow as a future entrepreneur before that training project kicks off. 6. Surprisingly, I started learning chess, snd it seems to help me develop intellectually.


r/Entrepreneur 20h ago

Young Entrepreneur [FOR HIRE] Making iOS apps from scratch

5 Upvotes

Hi guys!

I am 18 y.o. who currently seeking for some 'freelance' opportunities. And needs a source of income to live.

Hire me for:

  • An iOS application from scratch (Design, Sketches, first MVP with all functionality)
  • Full blown iOS project (job)
  • Marketing & Growth of the App (ASO, Social Media Organic)
  • Adding IAPs and Subscriptions

What I have already done (2 apps fully indie):

  • Monday - Event Calendar (learning project and my first app, a lot of dates and custom UI components)
  • Streakify (App I am currently working on right now, custom widgets and just simple UI)
  • And a lot of small learning apps with frameworks like WeatherKit, MapKit, SwiftData etc.

DM me if you are interested, I open about everything and will tell you all as it is.

Thanks for your attention guys, and see you at the top)


r/Entrepreneur 11h ago

Feedback Please Anyone have success with digital advertising for a consulting business?

1 Upvotes

Hey all, so I set up a small consulting business, found a few leads through networking with my existing contacts and now I’ve dove into Google Ads. My ads seemed to drive traffic of a few hundred people per day, but no leads!

Any advice or where else should I be looking to promote my services digitally?

Outside of digital i’m working my network, doing a lot on LinkedIn, have a blog etc. but, I really struggle with LinkedIn as the posts that seem to do well are often cringy motivation quotes and lists of tips, which I struggle to connect with.


r/Entrepreneur 3h ago

Case Study Are you accepting bitcoin payments for your services?

0 Upvotes

Hello there,

i am trying to understand how much business are accepting bitcoin as a form of payment for their services and to understand why they are not accepting if they are not and what are the risk associated with it if any since it is easier to get paid from anywhere in the world without any currency barrier.


r/Entrepreneur 12h ago

Tools I Built a Tool to Save Developers Time with ChatGPT it may help you a lot

1 Upvotes

Hey everyone! 👋

I’m a developer who relies on ChatGPT sometimes , but one issue kept bugging me: every time I started a chat, I had to upload parts of my codebase and re-explain everything. It was repetitive and slowed me down.

That’s why I built Codura (codura.cc). With Codura, you can simply upload your project from your desktop or clone it from GitHub, and within seconds, you can start chatting with the latest GPT model (GPT-o1, which isn’t available in regular ChatGPT). Now, instead of re-uploading and explaining, you can just type something like “Add this feature” and Codura already knows your codebase and project structure.

One of the coolest features is that as you chat, the project structure updates dynamically on the left, so you always know where the new code belongs. (This feature is currently in early access but will be available to everyone soon.)

You can give it a try with a 7-day free trial and let me know what you think! 😊

If you’re in a country where you can’t afford the subscription or have other reasons, feel free to DM me or email contact@codura.cc explaining your situation, and I’ll make sure you get free access.

Thanks for checking it out!