/entg/ Entrepreneur General | "Cash Flow" Edition

[DRC !!wwHMYEPSSvE No.12354923]

>Please check previous threads for inspiration.
>Ask any questions and hopefully, an anon can help.
>Be polite but tough love is welcome.
>Tripfag if you are frequent or want to, or don't it's up to you.

Possible income streams sorted by starting funds required and daily engagement:

Little to no Investment($100-$1k), very hands-on
>Direct Response Copywriting
>Dropshipping
>Social Media Marketing
>Digital Media or Marketing
>Affiliate Marketing
>Media Buying
>Web Development
>Freelance software development
>Making Online Courses
>Self publishing Ebook (comprehensive guide: https://kindlepreneur.com/book-marketing-101/))
>Product Arbitrage
>Consulting
>Sales

Some Investment Required($1k-10k)
>ATMs
>POS Systems
>Slumlording
>Daytrading
>P2P Lending
>Authoring or Online publishing
>Vending Machines
>Automated News sites or any kind of automated blog
>Automated online Arbitrage with the help of a buy bot

Large Investment Required, but still very passive(10k+)
>Parking Garages or lots
>Laundromats
>Batting Cages
>Rental Properties
>Buying Royalty rights on music, media, etc

Add more and share your knowledge, experience, advice with others. This is the purpose of this thread. If you're here to talk about shitcoins, go to the remaining 99% of /biz/.

Previous thread: >>12346255 (You) (Cross-thread)

Biz Dropbox
https://www.dropbox.com/sh/tqnuzrzrp0llrv3/AAA-6c_oXANnBEKK3Xt1K5pda?dl=0

Discord:
discord gg EkupWu

Yesterday we had a group call, where I talked about sales and marketing in general.
Recording available in the Discord or by request.

[Anonymous No.12354937]

>>12354923
Why aren't franchises on the list?

[DRC !!wwHMYEPSSvE No.12354942]

>>12354937
Good question. Haven't thought about it. And... the opening post needs refurbished in the first place -- I've been copypasting this from bionichandfag for weeks now.

I know nothing about franchises -- what can you tell me?

[Anonymous No.12354977]

Anyone can start one if they have the franchise fee. The Franchiser gives a lot of support in the beginning and provides a proven way to make money. (McDonald. Subway ect.). You don' worry about inventory, accounting, marketing, or HR. They basically run themselves once a good GM has been put in place.

The issue is often the franchise fee, hiring and the inventory that needs to be purchased from the same supplier. So do your research and phone other owners. Also coming up with the funds is easy as banks are always willing to lend when it's a good franchise.

[Anonymous No.12355025]

Affiliate anon, are you here?
Pls give me a sign.

[Anonymous No.12355100]

Im looking at social media marketing as a second source of income any anon knows anything about that?

[DRC !!wwHMYEPSSvE No.12355490]

>>12355100
Testing something out over the next month or so. We'll see what gives.

Right now, can't comment.

[Anonymous No.12355564]

>>12355100
>>12355490
same

[Anonymous No.12355786]

>>12355025

you here affiliate anon?

[Anonymous No.12355918]

Hey lads can someone post some resources on investing or entrepreneurship? Any particular courses or places that have helped you learn a valuable skill ex(copywriting)

Would be appreciated, I know there are resources in the main post but I have downloaded them but I’m still itching for more
Can anyone help?

[DRC !!wwHMYEPSSvE No.12355920]

>>12355918
For copy, read Neville Medhora's blog. It's a decent start.

[Young Poor Fag !!f7JC1TMZDES No.12356378]

you got the recording working??

[DRC !!wwHMYEPSSvE No.12356426]

>>12356378
Shad recorded it. It's in the Discord.

[Anonymous No.12356433]

Trying to apply for some affiliate networks (Rakuten, CJ, Amazon), but they all ask for a link to my website. Seeing as how I intended to make a website(s) specifically for the´offers I find in the AN, this is a problem.

Anyone with experience in this? I've thought of contacting them and explaining my situation, is that a waste of time? It's hard enough to come up with something to market that isn't already highly competitive, it's even harder to do that while trying to guess what offers I might find in the AN.

[DRC !!wwHMYEPSSvE No.12356441]

>>12356433
Why not clickbank?

[Anonymous No.12356476]

>>12356433
Good question.
Anyone with knowledge?

[Anonymous No.12356489]

>>12356441
Had seen it but not checked its form to sign up. CB does not require a website to sign up, I take it? Guess I could start with that then, though having more would probably not hurt.

[Anonymous No.12356494]

I have a question for any anons here in SMM.
Whenever I’m on Snapchat I see some stories that are sponsored and clearly long drawn out articles that make you flip to the next page and are filled with ads.
How do I get the opportunity to develop these affiliate articles on Snap and is it lucrative? They’re so fucking well written and whoever’s pushing them is making a killing since it’s so easy to click on the ads. Blew my mind when I first saw them - reminds me of the early Revcontent days or the organic ads that don’t look like ads. It’s so easy to fool the normies on snap with a great ad copy.
How do I get in on the action?

[Anonymous No.12356612]

>>12354942
They've had a very bad wrap in Aus due to the high volume of bankruptcies that result, and the ludicrously high fees associated with being a franchisee.

Generally, avoid like the plague.

[DRC !!wwHMYEPSSvE No.12356626]

>>12356612
Intriguing. It seems that in everything we do, it is best to own everything, and limit liabilities to things that are certain.

[Anonymous No.12357301]

Was thinking of starting and growing niche Instagram page and then use the size of my following to sell shout-outs / sponsorships. Is this lucrative?

[DRC !!wwHMYEPSSvE No.12357328]

>>12357301
Can be, but also super-time-consuming.

Give it a few weeks, see how it goes. Always diversify your revenue streams.

[Anonymous No.12357752]

>>12356494
Get DRC to write you copy and buy snap ads on popular stories like NBC , phoneswap , or DJ Khalid , profit

[Anonymous No.12357824]

>>12356612
Maybe in Aus land. Though for NA they are a licence to print money and default rates are incredibly low, which is way banks are willing to lend so easily to start one. Try getting funding to start a normal restaurant/fast food place or any other business, no one will lend you shit as default rates are so high.

[DRC !!wwHMYEPSSvE No.12357860]

>>12357752
I'd be open to that, although I'm not convinced that it's a profitable business model.

If >>12356494 can show me some numbers, then it'd be worth actually discussing.

[Anonymous No.12357981]

I've just launched a crypto/fintech copywriting micro-agency (just finishing up website), got a full time client. If you've got a decent grasp of English, it's easy, as most out there are pajeets on upwork. If you can write well, you can charge big bucks.

[Anonymous No.12357985]

>>12357860
What doesn’t convince you about it ?

[DRC !!wwHMYEPSSvE No.12358001]

>>12357985
How much revenue would it generate per click?
How would you drive traffic to it?
How many people would you need to drive to make five figures?
Would you make a decent profit, or are we looking at it being empty dreams?

[DRC !!wwHMYEPSSvE No.12358231]

Bump from page 5.

What's your goals for this week, folks? What's the BIG PLAN?

[Anonymous No.12358297]

>>12358231
Get my WordPress made website up that won't look like total shit.
And maybe create all my social media accounts for that too.
At first I need a dedicated phone and sim card for that.

[Anonymous No.12358359]

How do I dropship affiliate marketing sites?

[Anonymous No.12359156]

>>12354923
>Making Online Courses
My dad wants me to do on of these on udemy with stocks.

[DRC !!wwHMYEPSSvE No.12359180]

>>12359156
Sounds like a decent idea if you have a lawyer who'll sign off on it.

[Anonymous No.12359195]

>>12359180
>if you have a lawyer who'll sign off on it.
wat

[Anonymous No.12359196]

>>12354923
Discord invite is expired

[Anonymous No.12359203]

>>12359180
wym? Can't i just put in the desc and start of the video something like "blah this isn't person advice blah" ?

[Anonymous No.12359210]

>>12359203
personal*

[Anonymous No.12359215]

>>12359180
Co na kolację?

[Anonymous No.12359233]

>>12354923
Fuck you discord MLM faggots

MODS DELETE THIS SHIT THEY ARE FUCKING SCAMMERS TRYING TO OFFLOAD PEOPLE TO A SERVER

[DRC !!wwHMYEPSSvE No.12359236]

>>12359195
see
>>12359203
Depends on jurisdiction as I understand it. Plus, you need to make sure everything tip-top.

Anything you produce, ideally, should go through lawyers to prevent potential lawsuits. E.g. Beyonce's website Disability Act non-compliance lawsuit.

[Anonymous No.12359243]

>>12358231
>find an offer to shill
>get a website (probably WordPress) for affiliate marketing going
>optimize
>get some paid google search ads
Also, I should probably get a company to do all this under, right? Don't want to risk lawsuits aimed at my private person.

[DRC !!wwHMYEPSSvE No.12359247]

>>12359196
discord gg yBkhT3G

>>12359233
Have a nice picture. Please enjoy it. Perhaps that'll help you calm down?

[Anonymous No.12359291]

>>12359236
The course wouldn't be "Buy X stock", just how the stock market works, understanding TA, shorting and things you need to know for investing. And with those tools you learned you can make your own choices.
>E.g. Beyonce's website Disability Act non-compliance lawsuit
Kek. that's a terrible example. It be one thing if you used a situation like lets say jim cramer got sued but hes a great argument against what you're saying. He literally does what i said i would do but in his show its literally "CALLER CALLER CALLER". That's way worse than what i wanna do

[DRC !!wwHMYEPSSvE No.12359307]

>>12359291
>that's a terrible example
Not at all. Depending on where you are, misrepresenting assets/ laws/ regulations can be a felony.

[Anonymous No.12359316]

>>12359236
Usually you need to have a qualification to give financial advice at least you do in the UK.
Is this what you're concerned about?

[Anonymous No.12359324]

>>12359307
There isn't any misrepresentation going on though.

[DRC !!wwHMYEPSSvE No.12359340]

>>12359316
Main concern is don't run in head first before you know that what you're doing is legal.

The last thing you want is a six-figure lawsuit because someone spots a mistake in what you said on a video months ago.

>>12359324
Then you should be fine. I don't know the law where you are. If you believe it's fine without having lawyers check everything, go ahead.

[Anonymous No.12359401]

>>12359340
I don't mean to sound like a dick. I appreciate you minding me of that. Just doesn't really apply to me.

[DRC !!wwHMYEPSSvE No.12359414]

>>12359401
¯\_(ツ)_/¯

[Anonymous No.12359422]

>>12359414
what kind of business do you run anon?

[DRC !!wwHMYEPSSvE No.12359457]

>>12359422
Money-making/ sales/ marketing consulting.
Mostly in the form of first getting people who want copy (since they already know stuff) and then upselling to consulting and further.

[Anonymous No.12359499]

>>12359457
I'm a day trader. I want to expand into other things but i think i'm too young at 18

[DRC !!wwHMYEPSSvE No.12359505]

>>12359499
>18
Legal working age.
What makes you go "fuck yes I want this"?

[Anonymous No.12359515]

>>12359505
Money. Which i do have because i made some good investments and worked a shit job for about 6 months and saved every dollar. I like this general because it gives me ideas. Just something else to expand my profits because i don't wanna work shit jobs anymore.

[DRC !!wwHMYEPSSvE No.12359519]

>>12359515
What are you going to do once you have enough money?

[Anonymous No.12359541]

>>12359519
what do you mean? Like enough money to do something like a parking garage?

[DRC !!wwHMYEPSSvE No.12359550]

>>12359541
Yeah. What then?

[Anonymous No.12359588]

>>12359550
Probably something like that. If i can i'd like to fund a game during whatever is the current frad in gaming. Can't do it right now because fortnite, cod and pubg have the market closed but i wanted to do it when i was a teenager during the survival mmo craze because the standards weren't very high and people bought them without thinking twice about. Something really with games because i understand them and i've seen how much money people can make when they understand the trends. Someone like keemstar

[DRC !!wwHMYEPSSvE No.12359669]

>>12359588
Okay, so you do that. What then?

What's do you actually WANT your day to be once you have all that?

[Anonymous No.12359676]

>>12359669
emperor

[Anonymous No.12359680]

https://kidspaidmoney.com/r/mhern34

[Anonymous No.12359712]

>>12358231
I've applied for a job and have to do training, so there's that. Gotta learn quickly so I get paid more. Then I have to look for side gigs online or IRL that will accommodate my schedule during the weekdays. My job is from 10am-8pm and I'm basically going to be a local CDL driver

[Anonymous No.12359719]

>>12359588
People .. especially gamers .. love to underestimate how much work even a half assed survival game takes to create . Even the shitty games take lot of time , effort , and attention to detail. The number of projects that never see the light of day > the number of projects that get released from there it's a matter of qaulity the number of shit projects is greater than the number of meh projects which is greater than the number of good projects/ games/ which is greater than the number of great games.

Game devs spend hundreds if not thousands of hours making pieces of shit that no one wants to buy more times than not.

[Anonymous No.12359733]

>>12359719
Ultimately it comes down to marketing. Most game devs completely neglect this and expect customers to come to them. The market's far too saturated for that.

[Anonymous No.12359844]

>>12356433
Find what you want on amazon to link to. Buy or WordPress your site. Go back and sign up for amazon affiliate program. Then copy all the links over from inside amazon affiliate program to site. Build your site around the copy pasta. In that order. Jobs a good un. Amazon doesn't check your site until you make 3 sales.

[Anonymous No.12359914]

>>12359719
Dude you and i both know that's bullshit.

[Anonymous No.12360242]

>>12354923
link is expired

--

im starting to sell tapestry, gloves and socks over the internet and on fleamarkets.
tapestry i buy 2-5euros and sell 15-40
socks 8cts and sell 3-5
gloves 1euro and selling for 3-8
on flea markets we also make nuts and sell cheap chocolate.

any tips?

[Anonymous No.12360661]

>>12354923
Im getting a Invalid Invite error when trying to get to the discord for the recorded group call on marketing... can you send me a link?

[Anonymous No.12361234]

tits

[Anonymous No.12362187]

bump

[Anonymous No.12362189]

post you cucks

[SAGE No.12362531]

>posting
>in scam and pessimism general
Unlikely

[Anonymous No.12362857]

bump

[Anonymous No.12363200]

>>12355100
SEO?

[Anonymous No.12364505]

>>12359844
Good idea, will do, thanks.

[Anonymous No.12364603]

>>12354923
Discord link expired

[Anonymous No.12364735]

>>12364603
This.
Please fix

[Anonymous No.12364816]

>>12364735
Found the working one. Its in the dropbox in op template

[Anonymous No.12364851]

i'm and industrial engineering graduate, i want to get into freelancing but i don't know what kind of services i can offer as an Industrial Engineer.

[Anonymous No.12365247]

>>12363200
any tips for SEO?

[DRC !!wwHMYEPSSvE No.12365331]

>>12365247
SEO is fucking expensive. Buy traffic instead.

>>12364735
discord gg NbdrMAF

[Anonymous No.12365591]

>>12364851
Mech Eng here
Offer to streamline and industrialize small business workflow. Use six sigma and kaizen shit, show small businesses where they are wasting their moneytime. You wouldn't believe the shit that kills peoples operating costs.

[Anonymous No.12365618]

I just inoculated about 150 square feet of my property with Morel spores. Also created 2 3’x3’ Shiitake log cabins that are about 4 feet tall.

I’m hoping my little experiment into mycology can turn into $2500 per year. Friend of the family owns a restaurant who would buy them slightly below market price in cash.

[Young Poor Fag !!f7JC1TMZDES No.12366370]

>>12365247
really good seo tips here : https://backlinko.com/seo-this-year

[Anonymous No.12366464]

>>12366370
That looks great!
Thanks a lot

[Anonymous No.12366649]

>>12354977
Briefly looked into one of my favorite franchises, Boardwalk Fries, on the east coast. It's super expensive. Not sure about other franchises. They also ask for I think 20+ years of experience over like half a million in assets and other stuff. Kinda disappointing as a wagie.

[Anonymous No.12366688]

>>12365618
Thats awesome dude! hope it goes well. Would be nice little side cash.

[Anonymous No.12367015]

discord invalid

[Anonymous No.12367658]

>>12360242
>>12360242
>>12360242
I do markets sometimes too, selling my own shit that I make.
I got an idea to try and build up my email marketing list for my brand. Until now we've been doing a basic shoutout on our FB and IG a few days before the event, and during the event we post photos of our stuff and sometimes people message us directly and reserve items (we're doing expensive higher end stuff). What I'm thinking of is getting a mailing list together where subscribers would see all our items 48 hours before anybody else.
You could try something similar, set up a shopify with mailchimp remarketing, throw in some limited 10% offer or something too for the subs.

[Anonymous No.12368858]

Any sources for good real estate info and how to research, know more about it, etc.?

[Anonymous No.12369579]

I started a consulting firm for a niche industry, but really the only business I've gotten is from Upwork. Are there any similar sites where the clients are willing to pay more than $5/hour?

The only other way I know how to market in my industry is to pay $10k to buy a booth+speaking spot at a conference, but I can't afford that now. I'm learning Six Sigma and some programming languages to expand my service offering but really don't know what else to do... Since I do business planning+financial modeling+market analysis+license acquisition, I might just start trying to do those for other industries. Apologies for disorganized question, but any thoughts are appreciated.

[Anonymous No.12369824]

I started a consulting firm for a niche industry, but really the only business I've gotten is from Upwork. Are there any similar sites where the clients are willing to pay more than $5/hour?

[Young Poor Fag !!f7JC1TMZDES No.12369995]

>>12369824
fiver?

[DRC !!wwHMYEPSSvE No.12370075]

>>12369824
>consulting
>$5/h
What the fuck are you doing?

[Anonymous No.12370174]

>>12370075
Sorry if I worded that wrong, I was saying Upwork is the only site I've found where I can charge more than a pajeet rate. Fiverr, freelancer, etc are mostly people looking for $5/hour.

[DRC !!wwHMYEPSSvE No.12370291]

>>12370174
If you're a consultant, who are you consulting for? Where are they? How can you reach them? What media do they consume? What facebook groups are they in?

[Young Poor Fag !!f7JC1TMZDES No.12371053]

page 9 bump
anybody have resources on learning JS

[Anonymous No.12371792]

Helping businesses access capital.

You write the business plan for 250-500 hr for small companies and or take a 1-3% for larger deals.
You just need to be able to write a business plan, which anyone with half a brain can. Also knowing a few bankers helps. Bankers are sales people so it's easy to just walk in and say you wanna work with them.

[Anonymous No.12371850]

>>12359719
>>12359914
30+ games release on Steam every day.
Games take thousands of hours to make competently and the super majority don't break even (this includes good looking games).
Watch any GDC talk ever about it.

However if you make *the* game (preferably by you and maybe one other person, split both ways), you'll be rolling in it.

[Anonymous No.12372576]

>>12371792
How can a nobody do this? I have no business background and was thinking about doing a mixture of this, and investment in small businesses.

Theres an antique shop with like 15 portable fans going because they have no AC. I love the building and think with some updates and a small up front cash influx from me to pay for those it could become a thriving business.

[Anonymous No.12372632]

>>12372576
>antique shop
>thriving business
Am I missing something here?

[Anonymous No.12372645]

>>12372576
I can see the boomer owners face when

[Anonymous No.12372860]

>>12372576
Almost exactly how I did one of my first deals with ceiling fans.

>I noticed it's pretty hot in here but these fans are nice.
>Have you ever thought about industrial ceiling fans?
>Yea, normally they can be is very expensive but I have a friend that's that's general manager for a factory. I went to school with him.
>Would it be alright if I followed up a bit more information about the units?
> I'll follow up a free quote and information.
>Do you have business card?

Pretty simple anon. Then follow up with an invoice and a small brochure with stats and your done. I did the deal for a large machine shop. made 2 grand for 4 hours of work.

Bonus points if you "know a guy that does installation"