Official Entrepreneur/Business Thread vol.1

[sea manup]

its difficult if you dont know anyone, depending on what you're making you will have to find the right factory for mass production (usually in china). what you seem to be planning to do is going to be very hard to do alone, from my experience its best to really focus on prototyping and creating a product that people will want to use. then pitch it to investors who have the network to help with mass production and distribution.

prototyping and product development is what takes up a majority of the time. better to start now and prove that your idea is worth doing before worrying about what you will do when it's finished 

 

[moderndarwin]

Okay, thanks for the advice.

 

[slicknick951]

Do you have the drawing already or is it just that you have an idea of what you want to do?

I doubt i can help that much but my coworkers father runs a company selling tremolo systems for guitars. He gets them produced over seas and if you are serious i can see if i can get more information for you.

 

[agentorange]

Feel like taking a trip to barnes and noble to start reading more in depth about entrepreneurship. Books I'm looking at are $100 startup and The Lean Startup

 

[concordefliteschool]

http://freebie.supply/all/

def worth checking out

This right here is gold , thank you

 

[agentorange]

This right here is gold , thank you

 

[Coromanti]

 

http://freebie.supply/all/

def worth checking out

This right here is gold , thank you

Beautiful.

 

[moderndarwin]

http://freebie.supply/all/

def worth checking out

Thanks. Amazing. It got me thinking about how to get an idea off the ground without putting in too much effort just for fun.

Quirky.com

You just need to submit your idea.

 

[agentorange]

Thanks. Amazing. It got me thinking about how to get an idea off the ground without putting in too much effort just for fun.

Quirky.com

You just need to submit your idea.

The idea of that website is genius. Lots of great stuff up there as well.

 

[ilike turtles]

I'm trying to start up a clothing company. I've done research on google on what steps I need to take to get it going, but its all very general. I'm doing this all on my own, so I could def use some guidance from anyone who's familiar with the business.

 

[robinvandamn]

Getting ready to enroll for business classes for the fall

 

[fontaine]

Anybody putting their plans into motion?

 

[moderndarwin]

I'm trying to start up a clothing company. I've done research on google on what steps I need to take to get it going, but its all very general. I'm doing this all on my own, so I could def use some guidance from anyone who's familiar with the business.

Don't. Stack some bills and do something else.

If you want to start a clothing company do it as a 100% free hobby to learn about how to build a blog, website, social media pages, etc.

 

[ilike turtles]

^ well that's pretty much the plan right now. I'm not pouring in a bunch of money to start it. I plan to start off with just simple pieces like thirts and sweats, and then take it to the next level later on once I master that. and its too late for anyone to tell me not to pursue this. been sitting on this idea for over 4 years now and I'm just now looking to dive into it. I'm 1000% certain I wanna do this.

 

[moderndarwin]

Good luck to you if you've decided already mentally. Four years of thought is worth less than one month of action though so don't let time sunk into an idea influence how you move forward. I'm not doubting your ability to make great clothes - the market would decide that. I'm just saying that I hope you consider this a way to learn how to bring in people to your business. That's the part that most people fail at (and why their company fails). If you make great products but can't get it in front of enough people then your actual design etc skills are meaningless.

Industry average is 2-3% conversion. That means for every 100 people that visit your website only 2 or 3 would convert. As such, learning the ways (SEO, blogging, email list generation, website optimization, social media, etc) is way way way way more important than the products you have at this stage. Unless you have a plan to get users (customers) the what (clothing line) is not the right conversation.

Minor edit: If you are into designing you should look into woot.com and submit a few designs. They already did the leg work of getting the customers. That way people can vote on your designs and you'd at least have an idea if people are interested in what you do (and get paid well if they buy your stuff).

 

[drones]

Anyone have any good resources for learning/understanding SEO? I'm learning how to build passive income via information based websites.

 

[moderndarwin]

Anyone have any good resources for learning/understanding SEO? I'm learning how to build passive income via information based websites.

http://www.quicksprout.com/about/
https://moz.com/blog

 

[stork]

bump

 

[cubanref]

Awesome thread

Need to go through this tonight

 

[agentorange]

bump

Much needed.

Currently reading The Lean Startup. So far, so good.

 

[flyknitlvr]

Anyone have any good resources for learning/understanding SEO? I'm learning how to build passive income via information based websites.

blackhatworld.com/

 

[sea manup]

paging @ElderWatsonDiggs  

 

[ilike turtles]

any guides to help with business taxes?

 

[dh1water]

Anybody putting their plans into motion?

 

[agentorange]

DEAD.