• The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success
  1. Join 50,000+ entrepreneurs
    who are kicking butt and
    winning their dream life.

    Unscripted™ Entrepreneurship:
    A Business That Pays More Than Money, It Pays Time.

    "Fastlane" is an entrepreneur discussion forum based on The Unscripted Entrepreneurial Framework (TUNEF) outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED™). From multimillionaires to digital nomads, the forum features real entrepreneurs creating real businesses.

    Download (Unscripted) Download (Millionaire Fastlane)  Register
    Registering for the forum removes this block!

  2. Forum *Official* Book Discussion
    Influence, The Psychology of Persuasion by Robert Cialdini

    The forum has voted to discuss this book. Grab it and let's discuss!
    Buy: Buy | Discuss: Influence: The Psychology of Persuasion(Review | Discuss)

EXECUTION Kickstarting my own Instagram Marketing Agency

Discussion in 'Progress/Execution Threads' started by Mircea Toma, Apr 14, 2019.

  1. Mircea Toma
    Offline

    Mircea Toma Contributor Read Millionaire Fastlane

    Messages:
    15
    Likes Received:
    23
    Joined:
    Mar 2, 2019
    Gender:
    Male
    Location:
    Bucharest, Romania
    Rep Bank:
    $150
    Hi there! This is my progress and execution thread.

    I wanted to start this a while back but, from stupid reasons, I almost put it down. I said, hmm, who would read this kind of topics and who is interested in what I do.

    But, today, I will kickstart this thread and write about my progress and how I will leave my footprint into the world of entrepreneurship.

    I will start with a short introduction about what my conditions and chances for success are.

    So, I am currently living in Romania, a second world country that has miraculously survived communism and now 2/3 of people are still brainwashed from that era with stupid socialist mentalities still stuck in the sidewalk or many of them in the slowlane...

    The government doesn't do any help, because, the people who lead your country are the same as the people who live in the country...

    But, I am not here to rant about these conditions. Just skip this part if you hate this kind of talk.

    __

    I am 22 and a half years old, student, technical university, totally hating technical stuff and not good at it. After 2 years of failing, I've had a minor success with some friends... we started an Instagram marketing agency, and racked in a few dozen clients.

    I decided to broke up from them, as the share didn't split evenly between us, and I wanted to avoid ego clashes.

    Fast-forward 6 months from that incident, in the present, I signed up last week for an electronic signature (issued by our National Fiscal Administration) in order to open my first company. This will help me with the bills that I will issue for my clients and with the registration for the company in The National Trade Register Office.

    I am currently working on my website, I almost did the whole homepage, contact us, how it works and blog page.

    The next steps I will take are:
    1. Opening a bank account and deposit 200RON (42 euro) -- this is the minimum the government is telling you to put in order to start a company
    2. Speak with my grandmother to let me use her house in order to set up my company in the Trade Office records.
    3. Write some documents for The Trade Office
    4. And voila, after 3 days from the submission of the documents, I will have my own company.
    Don't worry, I already have a client, who will be paying me over 500$ for what I will do for her. I will be working solo and this will be good revenue for the start. 500$ can buy you lots of stuff in Romania :)

    __

    I will come with updates the upcoming days. I am so relieved that I took the action and I wrote this thread. I have a lot of things on my head these days, but I am happy that this came to life.
     
    MHP368 and Johnny boy like this.
  2. Johnny boy
    Offline

    Johnny boy Silver Contributor FASTLANE INSIDER Speedway Pass

    Messages:
    146
    Likes Received:
    770
    Joined:
    May 9, 2017
    Gender:
    Male
    Location:
    Washington State
    Rep Bank:
    $5,644
    If you are collecting monthly payments from customers, I would suggest a service that charges their card or bank account automatically each month. I use quickbooks and collect their credit card info to set up recurring payments and I never have to send them a bill that they can choose to put off paying. It is so nice to wake up at the beginning of the month and see thousands deposited into my account without sending any invoices. I'm pretty sure you can use quickbooks in Europe. It should help filing your taxes and keeping good financial records. I have no idea how Europe works with that stuff though.

    How are you finding clients?

    And what are you offering them?
     
    Mircea Toma likes this.
  3. Mircea Toma
    Offline

    Mircea Toma Contributor Read Millionaire Fastlane

    Messages:
    15
    Likes Received:
    23
    Joined:
    Mar 2, 2019
    Gender:
    Male
    Location:
    Bucharest, Romania
    Rep Bank:
    $150
    Hello Johnny! I was collecting with Revolut, a mobile app where you can set up recurring payments and make payments online or to your friends in your phone book. I also collected with PayPal recurring payment feature.

    I am not an expert in law, nor have I contacted a lawyer to talk to about how I will issue the bills to the customers. But, as I know from my mere 22 years of life, companies here need bills in order to pay companies the money they owe to them. I will also set up contracts to have a stronger law bond.

    Sorry if I am left-handed with what I wrote here, but do not have a very good command on laws in my country and I will improve on this, promise :).

    Preferably, my ideal customer will be from the USA, with a marketing budget of over 5K-10K, wanting to raise brand awareness, social proof, sales and leads on Instagram and maybe other social platforms too, I will think deeper about this.
    I plan on sending cold-emails and connecting on LinkedIn focusing on what I did for my actual clients and presenting them the number and results and also telling how my service will affect their brand.

    I can also offer them a 3-day trial where they would see how it works and this will surely appeal to them.

    My services are: Instagram organic follower growth, like boosts (over 490 likes on every post), comments (over 20 comments on every post), Influencer marketing(finding the perfect influencer for their brand and creating contests, shout-outs, collabs), Facebook messenger bot (this will enhance their lead gen, customer support, or other desires of the client), powerlikes from bigger accounts(over 500 likes, 20 comments, 500 views) only from high authority accounts from their niche, we can schedule posts for them and send DM to 25 new followers every day.

    Please pardon my english if you don't understand something :)
     
  4. MHP368
    Offline

    MHP368 the man, the myth, the Pseudo-Apollodorus Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

    Messages:
    192
    Likes Received:
    266
    Joined:
    Aug 17, 2016
    Gender:
    Male
    Location:
    Sahuarita AZ
    Rep Bank:
    $1,075
    Welcome,

    It seems difficult to start a company in romania! my...

    So you have a background in instagram thats good. I'm curious, what clientele benefit from that? (like i'm genuinely curious, this isn't a leading question)

    "My services are: Instagram organic follower growth, like boosts (over 490 likes on every post), comments (over 20 comments on every post), Influencer marketing(finding the perfect influencer for their brand and creating contests, shout-outs, collabs), Facebook messenger bot (this will enhance their lead gen, customer support, or other desires of the client), powerlikes from bigger accounts(over 500 likes, 20 comments, 500 views) only from high authority accounts from their niche, we can schedule posts for them and send DM to 25 new followers every day."

    It seems like with a little work on your end you could do a full package social media management company (since you already dabble in facebook) , might I suggest that you take some time with this first client and map out exactly what it is you do, you'll want that process locked down for when you eventually scale things and hire out right?

    good luck, will follow the thread
     
    Mircea Toma likes this.
  5. Mircea Toma
    Offline

    Mircea Toma Contributor Read Millionaire Fastlane

    Messages:
    15
    Likes Received:
    23
    Joined:
    Mar 2, 2019
    Gender:
    Male
    Location:
    Bucharest, Romania
    Rep Bank:
    $150
    Hello! Thanks for the $ and welcoming :)
    Yes, it is hard but luckily I do not need to complicate myself with inventory or complicated stuff like e-commerce.

    That's why I prefer the services business and acquired the skills to do so. With this client, my perspectives changed a bit because I was determined before I met her to open a dedicated Instagram Agency, but she wants to do almost all social platforms without Pinterest, Quora or Medium.

    She wants graphic design too... For me it's not that complicated as I know to do 95% of the workload but as MJ said I prefer that my business will fit into the CENTS model. I want to scale it and not be time dependent.

    I will follow your advice, I will sit down with my client, map out all her ideas on a piece of paper and think about the strategy. She said that we will collaborate a long time from now. She is also a gateway into the industry, as she can also recommend me to all her connections, so more $$$ for me.

    Thanks for following my thread :).
     
    MHP368 likes this.
  6. Mircea Toma
    Offline

    Mircea Toma Contributor Read Millionaire Fastlane

    Messages:
    15
    Likes Received:
    23
    Joined:
    Mar 2, 2019
    Gender:
    Male
    Location:
    Bucharest, Romania
    Rep Bank:
    $150
    Alright, so one week already passed from when I started this article.(I can only write in weekends when I can unwind and let my imagination go wild). So, these are my highlights from the last week.

    • I finished the Homepage for the computer version, I still need to finish for mobile and tablet.
    • I finished the Contact page for computer, tablet, mobile.
    • I finished the How It Works page only for computer.
    • I jotted down a blog concept and slapped it on the website. Hopefully, it will look astonishing in the near future...
    • I sent a request to my National Trade Register Office for my company name, still waiting for some reply.
    • Met with my single client that I have, and agreed to do work for the upcoming 3 weeks. As I am working with her for the last 4 months, she gave me more work to do like, a website page that will represent her next workshops, a facebook messenger bot that will aid the registrations for the workshop.
    In the upcoming weeks I have my calendar full of work for the client, for sure I will scale this up and hire someone as I really don't want to grind and work every day for clients. But for now, this will give me a quick buck that I will eventually reinvest in the agency.
     
    MHP368 likes this.

Join 1000s of entrepreneurs who are rewriting life's script and winning financial freedom.

---- ----

You must be a member to join the conversation.

Create Account

Join the community fast and easy!

REGISTER

Log In

Already have an account? Login here.

LOG IN

Share This Page