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Recent content by freelancedev

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    Peanut butter business - stick or twist?

    IDEA 
    There's so much competition for healthy peanut butter, from small boutique brands all the way up to the bigger brands. It's the customer that everyone is targeting. And we don't think we have a way to skew value and differentiate for those customers. Agree with your premise, I just think that...
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    Peanut butter business - stick or twist?

    IDEA 
    Thank you, certainly some interesting thoughts here! To be honest, we decided against going wholesale, especially at this stage as it would erode our already thin margins and also I think the nature of the product makes it not that suitable for wholesale, at least at scale. Yes, we're in the...
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    Peanut butter business - stick or twist?

    IDEA 
    Yes, we can only do weekends as my partner has a job and I do IT contracting during the week. Our sales have mostly come from social media. We spent a lot of money (unprofitably) to grow our initial customer base last year when we first launched. We stopped spending on Meta for a while as we...
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    Peanut butter business - stick or twist?

    IDEA 
    We recently did a batch of 250 jars which took 2 full days of work, we think we could compress that down to a single day with additional efficiencies that we've identified. Aside from that, we are not spending a lot of time on the business, apart from 2-3 hours per week on things like writing...
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    Peanut butter business - stick or twist?

    IDEA 
    Very serendipitous to see this newsletter hit my mailbox this morning: When to give up "I've seen this trap snap on startups time and again. The idea finds some traction. Enough for the founders to muddle through for years and years. Stuck with an idea that sorta-kinda does work, but not well...
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    Peanut butter business - stick or twist?

    IDEA 
    I found this article around a year ago now and thought it was a pretty cool business (they're doing over $1m per month now by the way). Since they don't ship to my country, I thought why not give this idea a go myself (geographical arbitrage value skew). We have been operating for around a...
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    Learning to Program is STUPID! (or SMART?!)

    GOLD! HOT! 
    Great to read about someone from the UK about programming as I have considered learning to program to get a better slowlane job and put myself into a position where I am problem-solving and learning skills that work the entrepreneurial muscles. Just a few questions if you would be so kind as to...
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    Learning to Program is STUPID! (or SMART?!)

    GOLD! HOT! 
    Interesting thread, good to see the debate from people on both sides of the coin too. I've been considering learning UX/UI or coding recently. While I acknowledge that learning these skills will not make you a millionaire, they're good, in demand, and useful skills to have. I've really...
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    I will help you find a product to sell on Amazon

    GOLD! 
    Why would you say the ebook is not a value add? If you're looking at fitness equipment as a whole, you're probably right. For example, adding an ebook with a jump rope probably created no additional value for the consumer. But with these myofascial release tools, there are a ton of ways to use...
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    I will help you find a product to sell on Amazon

    GOLD! 
    Ok I'll play ball. The product is called the peanut and it is a tool used for myofascial release. https://www.amazon.co.uk/Massage-Ball-Lacrosse-Myofascial-Mobility/dp/B016V5SG4Y/ref=sr_1_2?ie=UTF8&qid=1503853708&sr=8-2&keywords=peanut+myofascial There are similar products in this niche (foam...
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    I will help you find a product to sell on Amazon

    GOLD! 
    Really loving the thread @biophase its proving to be really valuable. I have a product idea that I think will work great and has a definite benefit over the other products available on amazon UK. From what I can see I don't think the sales would be as high volume as perhaps other products in...
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    Starting a watch brand

    EXECUTION 
    I have a bit of experience in online marketing, and although I'm not an expert, I expected this to be one of my "strengths". Cost for ads would largely depend on CPC, CTR, CVR etc., I think it's really difficult to determine before hand, but as long as the ROI is positive that's the main thing...
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    Starting a watch brand

    EXECUTION 
    I had planned on using facebook and instagram ads as well as social media influencers.
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    Starting a watch brand

    EXECUTION 
    Yeah I completely agree with your last two points and those were concerns I had. A big fear is that after ordering 1000's of units they could be defective which would leave me financially destitute, and also the fact that the aesthetic appeal of a watch is so subjective. The second point can be...
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    Starting a watch brand

    EXECUTION 
    Interesting to hear that you wouldn't start a watch brand, I've now heard this from two forum members I greatly respect. Why would you not if you don't mind me asking? Not enough to completely put me off the idea, but it is discouraging to hear this.
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