General > General Technical Chat

Working for yourself advice.

<< < (3/8) > >>

nctnico:
IMHO selling your own products is very hard. You need to be a salesperson as well. Many people won't see the benefit of a product at first and need convincing through advertising, doing demos, being present on exhibitions, etc.

jonpaul:
Bonjour à tous

My last "real" job in 1976, as an EE.
Then I was consulting for many decades.
I started a component firm in 1986 ( in USA but this  may apply to UK and EU).

1/ very rare that one person has the technical, management and financial experience and skill to run even a one man firm successfuly, number of employees increased the overhead and problems exponentially.

2/ 95% of all small business start-up fail within 5 yrs

3/ the 20 years of zero/ negative interest rates has ended, the central banks and governments in USA UK and EU all rapidly raising interest will as throughout the ages, cause recession environment, and make cost of business and loans untenable for starting up.

4/ budget zero income 2..5 yrs due to unforeseen expenses, like government regulations, tax compliance, parts availability

5/ never assume that you know a good market. 

6/ a website is just a business card, inquires will be  99.99% junk, spam, hacks.
Never place à phone or email address as text.  Use a secured contact form

7/ all salés paid in advance,  offer no terms,  you can't collect!

8/ paiement via bank transfer or bank check, credit cards have hi fees, and charge backs.

My reccomended action is to search for a new job in your field, and keep the starting up as a side activity.

Just the ramblings of an old retired EE

BON COURAGE ET BON CHANCE!

J

m98:

--- Quote from: jonpaul on September 28, 2022, 07:58:59 am ---Never place à phone or email address as text.  Use a secured contact form

--- End quote ---

If you've never set up a commercial website in your country, please first read all applying laws and regulations. Don't know about France, but that suggestion would prove to be expensive in Germany...

jonpaul:
you can " mung" the contact information, use an image not bare text for contact information.
Most  sites  omit a physical address nor phone number.
Only a general email address or contact form.

consult with your legal council re your locations Website legal   requirement.

Jon

m98:
GDPR doesn't apply to information a business legally needs to disclose. And hiding contact information in an image isn't really effective.

Navigation

[0] Message Index

[#] Next page

[*] Previous page

There was an error while thanking
Thanking...
Go to full version
Powered by SMFPacks Advanced Attachments Uploader Mod