Some Important questions, need answering (PLEASE HELP)

[Lone_Ranger428]

1) What is the stepping stone to start a service providing online company (Specially Video Editing Service Providing) ?
2) How do you organize the work/bids in backend?
3) Are you in constant contact with clients? Do clients check these videos themselves or somebody from within the company does that?
4) How do you find clients? How did you find your first clients?
5) How did you got the work done, when you were just starting out? Where do you post about hiring editors (except LinkdIn) ?
6) When did you register the company? At what point? For How long can one work without registering the company?
7)How are the contracts made without a registered company?
8) How did you pitch the clients when you started out? Without anything to show for.
9) Why do you only make videos for (mostly) cashcow channels? Why not other type of channels?
10) What are the mistakes you think that you made at the start and what things one should avoid when starting a service based online company?
11) How Many people are needed to sustain a business at a good level (editors excluded) ?
12) What platforms do you use other than google drive, trello and whatsapp for your business?
13) At which point tax should become a factor worth worrying about?
14) How did you managed filing tax at the start of the company?
15) How much time you invest daily in the company? Is it the same as other employees (excluding editors)?
16) What were the first 2 months like when your company just started?

 

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[ChasingDream97]

1) What is the stepping stone to start a service providing online company (Specially Video Editing Service Providing) ?
2) How do you organize the work/bids in backend?
3) Are you in constant contact with clients? Do clients check these videos themselves or somebody from within the company does that?
4) How do you find clients? How did you find your first clients?
5) How did you got the work done, when you were just starting out? Where do you post about hiring editors (except LinkdIn) ?
6) When did you register the company? At what point? For How long can one work without registering the company?
7)How are the contracts made without a registered company?
8) How did you pitch the clients when you started out? Without anything to show for.
9) Why do you only make videos for (mostly) cashcow channels? Why not other type of channels?
10) What are the mistakes you think that you made at the start and what things one should avoid when starting a service based online company?
11) How Many people are needed to sustain a business at a good level (editors excluded) ?
12) What platforms do you use other than google drive, trello and whatsapp for your business?
13) At which point tax should become a factor worth worrying about?
14) How did you managed filing tax at the start of the company?
15) How much time you invest daily in the company? Is it the same as other employees (excluding editors)?
16) What were the first 2 months like when your company just started?

Dude you need to read and research more.
No one has the patience to answer all that.
Time is valuable.
After all it's your life.

 

[ChasingDream97]

Dude you need to read and research more.
No one has the patience to answer all that.
Time is valuable.
After all it's your life.

You sound like you want others to do the whole work for you.

 

[MRiabov]

1) What is the stepping stone to start a service providing online company (Specially Video Editing Service Providing) ?
2) How do you organize the work/bids in backend?
3) Are you in constant contact with clients? Do clients check these videos themselves or somebody from within the company does that?
4) How do you find clients? How did you find your first clients?
5) How did you got the work done, when you were just starting out? Where do you post about hiring editors (except LinkdIn) ?
6) When did you register the company? At what point? For How long can one work without registering the company?
7)How are the contracts made without a registered company?
8) How did you pitch the clients when you started out? Without anything to show for.
9) Why do you only make videos for (mostly) cashcow channels? Why not other type of channels?
10) What are the mistakes you think that you made at the start and what things one should avoid when starting a service based online company?
11) How Many people are needed to sustain a business at a good level (editors excluded) ?
12) What platforms do you use other than google drive, trello and whatsapp for your business?
13) At which point tax should become a factor worth worrying about?
14) How did you managed filing tax at the start of the company?
15) How much time you invest daily in the company? Is it the same as other employees (excluding editors)?
16) What were the first 2 months like when your company just started?

Difficulty is the opportunity. Read Unscripted if you haven't yet.

Do kinetic execution and figure it all out for yourself.

If you truly want to succeed, remember - "there is no F*cking list".

 

[Lone_Ranger428]

I think you got the wrong IDEA, I am not trying to make others to do the whole work for me.
I know that I won't get answers to most of these questions but if I get answers to some of these questions, then it will help me in making a blueprint for my business and help me, so that I don't make the mistakes other made.
Of course, I have my own journey but its good if you can find out what routes to avoid.
And reason behind asking so many questions: I am greedy, and when I got the chance to ask about some doubts, I thought why not ask about all the doubts.
And I am also doing research myself, its just that I want to know about other people's experiences.
I was, am, and will be doing all the heavy lifting but one can't forget about strategic planning and calculated decisions.
(Especially with the A.I. , Editing is also not gonna last for a long time)

 

[BizyDad]

Of course, I have my own journey but its good if you can find out what routes to avoid.

You need to change your mindset. Because here's the thing...

The routes that everyone is going down are often the worst ones to go down..

You want to find a route that other people are avoiding... But one where you can succeed.

That's what a barrier to entry is. It's something that's stopping other people from moving forward.

But not you. You have your own path.

What other people think they know better than you. Everyone has an opinion.

But they aren't you.

So stop worrying about other people's opinions. Stop worrying about other people's experiences.

Because you have your own path.

Now go walk it.

Come back here every now and then and tell us how it's going.

1) What is the stepping stone to start a service providing online company (Specially Video Editing Service Providing) ?
2) How do you organize the work/bids in backend?
3) Are you in constant contact with clients? Do clients check these videos themselves or somebody from within the company does that?
4) How do you find clients? How did you find your first clients?
5) How did you got the work done, when you were just starting out? Where do you post about hiring editors (except LinkdIn) ?
6) When did you register the company? At what point? For How long can one work without registering the company?
7)How are the contracts made without a registered company?
8) How did you pitch the clients when you started out? Without anything to show for.
9) Why do you only make videos for (mostly) cashcow channels? Why not other type of channels?
10) What are the mistakes you think that you made at the start and what things one should avoid when starting a service based online company?
11) How Many people are needed to sustain a business at a good level (editors excluded) ?
12) What platforms do you use other than google drive, trello and whatsapp for your business?
13) At which point tax should become a factor worth worrying about?
14) How did you managed filing tax at the start of the company?
15) How much time you invest daily in the company? Is it the same as other employees (excluding editors)?
16) What were the first 2 months like when your company just started?

Everyone is right. What are you writing a book? Am I supposed to write a book responding?

Let's make this super simple.

You're already a step ahead of most people. You know the business you want to start.

Great.

Ask yourself who are the kinds of people that need your service? Ask yourself who are the kinds of people you want to work with?

Then ask yourself what those people want to hear you say to make them want to work with you.

Then go find those people and say those things.

And when they're happy with the work you're doing, ask them if they know anyone else who you can make happy.

Repeat this process until you have enough money to hire someone. By that point you'll be better at asking questions.

 

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[amp0193]

It took some time, but I believe I have comprehensively answered all 16 of your important questions.

You can see my answers here

Now that you have no more questions, you may proceed to the Fastlane.


Joking aside... Just ask one question per thread and you'll get much better responses from people. Google and Chatgpt are honestly great resources for many of these simple questions.

 

[Lone_Ranger428]

It took some time, but I believe I have comprehensively answered all 16 of your important questions.

You can see my answers here

Now that you have no more questions, you may proceed to the Fastlane.


Joking aside... Just ask one question per thread and you'll get much better responses from people. Google and Chatgpt are honestly great resources for many of these simple questions.

Thanks.
Now that I got everything I wanted to know, its time to say goodbye
Although I will be posting my progress.

 

[Lone_Ranger428]

What are the best books on Finance?
By the way, I am asking this because I am a financial illiterate.

 

[Consolation]

What are the best books on Finance?
By the way, I am asking this because I am a financial illiterate.

Big topic. Too huge.

Find out which part of finance that you are illiterate with. Is it saving money? Is it how currency works? Is it accounting?

Further, how can you say you are financially illiterate if you know how to read, write and count? You just have to refine which part in finance that you have a problem with. And here's the thing. You don't have any. Because you haven't start a business.

IMO, once you have someone interested in your video services, you'll have trouble setting prices. Which isn't a bad thing. So, that's where you'll be searching on Google, ChatGPT, and Wikipedia, finding everything related to finance.

Now go and look for people to demosntrate your value for free.

 

[Johnny boy]

Let me answer all of these questions in a short way.

Go make the absolute basics. A website, a logo, some copy. Make that a few hours of your time and no more.

Then, get people to want to pay you money.

Get a payment processor set up.

Contracts will be in your name at first. It's just a BS piece of paper since you're not going to go sue these remote people for a thousand bucks or something.

Then do the work.

Worry about the rest of your questions after you convince enough people to actually give you money. I'm sure you will be happy about having that kind of problem.

 

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[Lone_Ranger428]

I don't know anything related to these concepts:
1) Interest Rates
2) Taxable and Non-taxable yeilds
3) Stocks, How stock options work
4) How a mutual fund works
5) Bonds

 

[Lone_Ranger428]

And an important update about my Agency:
I am already done with basic blueprint of my agency.

Now, next part will be setting up the network(finding clients and stuff)
Will update about it further in upcoming days
Thanks for the constant support and criticism
Thank God, I decided to join this forum

 

[BizyDad]

What are the best books on Finance?
By the way, I am asking this because I am a financial illiterate.

I don't know anything related to these concepts:
1) Interest Rates
2) Taxable and Non-taxable yeilds
3) Stocks, How stock options work
4) How a mutual fund works
5) Bonds

Worry about the rest of your questions after you convince enough people to actually give you money. I'm sure you will be happy about having that kind of problem.

As @Johnny boy already said, don't worry about it.

You have no money, so don't worry about what to do with your money. Build your business first. You're going to need your money to fund your business.

Once you have built a stable business, then start worrying about stuff like this.

Any time you spend learning this stuff is time you aren't building your business.

 

[Chet Shen]

I don't know anything related to these concepts:
1) Interest Rates
2) Taxable and Non-taxable yeilds
3) Stocks, How stock options work
4) How a mutual fund works
5) Bonds

I argee that you won't need these kind of knowledge YET as you haven't helped anyone yet and earning money to be able to come across these stuff.

If you are curious in another hand, use chatgpt or investopedia. Basically search it up on Google or YouTube (isn't that common sense?)

 

[Lone_Ranger428]

I argee that you won't need these kind of knowledge YET as you haven't helped anyone yet and earning money to be able to come across these stuff.

If you are curious in another hand, use chatgpt or investopedia. Basically search it up on Google or YouTube (isn't that common sense?)

I can obviously do that, but it takes time to read a book and if it is done correctly. It stays in mind for almost forever.
Although as @Johnny boy said, I am now focusing on making some money first.

Also, I wanted to state that even though I don't have a money generating business, I am making some money from my job right now and as I will be living with my parents for a month. Hopefully, I can invest the amount I have earned in my business startup.

 

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