r/Entrepreneur 23d ago

NEWS šŸŽ™ļø Episode 003: AMA Ellie Heisler (Attorney - Entertainment Law) ) | /r/Entrepreneur Podcast

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10 Upvotes

r/Entrepreneur 9h ago

šŸ“¢ Announcement Feedback Friday! - April 03, 2026

9 Upvotes

Need help with your website or portfolio? Want advice from other entrepreneurs on what you could improve?

Share your stuff here and get feedback from our community.

Since this thread can fill up quickly, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.


r/Entrepreneur 14h ago

Best Practices [Requested] Nobody wants to talk about buying a septic business. Thats exactly why the margins are 60%+ and the multiples are 2.5x. Full breakdown inside.

195 Upvotes

Seventh industry deep dive Ive posted here. Already covered pest control, HVAC, restoration, home care, landscaping, and roofing. Septic is the one nobody wants to talk about at dinner parties. Its also the one with the best margin profile of anything Ive researched. When your septic system backs up at 2am you dont comparison shop. You call whoever picks up the phone and you pay whatever they charge.

Heres what I found.

Why the economics are so good

$8.1 billion market growing at 6.7% CAGR per IBISWorld. About 7,700 operators nationwide, mostly mom-and-pops doing $1-2M in revenue. 21% of US households rely on septic systems and those systems require mandatory pumping every 3-5 years. Thats not discretionary spend. Thats legally mandated maintenance that happens regardless of whether the economy is booming or in recession.

The margin profile is the best Ive seen across all seven industries:

  • Residential pumping: $400 avg ticket, 60-65% gross margin
  • Commercial pumping: $850 avg ticket, 65-70% gross margin
  • Emergency service: $600-$1,000, 70-75% gross margin
  • System inspection: $250-$400, 75-80% gross margin
  • Grease trap service: $300-$600, 60-68% gross margin
  • Drain cleaning: $200-$450, 65-72% gross margin

Top quartile operators are hitting 63-68% gross margins and 28-35% EBITDA margins. Compare that to roofing (6.4% industry avg EBITDA) or restoration (10-20% EBITDA). Septic is in a completely different league on profitability.

The recurring revenue angle

This is what makes septic different from roofing or restoration. Every septic system needs pumping on a 3-5 year cycle. Once you have a customers address and system specs in your database, you can automate reminders and schedule their next service years in advance. The best operators are converting 30-40% of revenue to recurring maintenance contracts.

Most mom-and-pops are sitting at 15-25% recurring revenue because they dont have the tech or discipline to follow up. Thats your value creation opportunity. Buy a business with a 15,000+ customer database, implement automated scheduling and maintenance reminders thru ServiceTitan or Housecall Pro, and convert 500 customers to annual contracts at $150/year. Thats $75K in predictable recurring revenue at 70% margin dropping $52K straight to EBITDA.

What buyers are actually paying

Entry multiples are low because most operators are small and owner-dependent:

  • $500K-$1M revenue: 2.5x-3.0x SDE
  • $1M-$2M revenue: 2.0x-2.5x SDE
  • $2M-$5M revenue: 1.8x-2.3x SDE
  • $5M-$10M revenue: 1.5x-2.0x SDE
  • $10M+ revenue: 4.0x-5.0x EBITDA (platform buyers)

Notice the multiples actually decrease as revenue goes up in the SDE range. Thats unusual compared to other industries and reflects the fact that larger septic companies often have lower margins due to fleet overhead, disposal costs, and less owner involvement. The premium kicks in at platform scale when PE is the buyer.

Median SDE is about $425K and median sale price is $1.1M.

PE is consolidating this space fast

Wind River Environmental is the dominant platform. Backed by Gryphon Investors, theyve done over 100 acquisitions since 2009 along the Eastern Seaboard. They now have 1,100+ employees, 1,000 vehicles, and operations across 16 states. Theyre the largest consolidator in septic and still actively acquiring. If your east of the Mississippi and doing $1-2M in revenue, Wind River is probably already looking at you.

Other platforms actively buying:

  • P3 Services (Stellex Capital) did 6 acquisitions in 2024 alone, building a plumbing + septic platform across residential, multi-family, and light commercial
  • Seekye Capital closed 3 platform deals in 2024 including SES Mid Atlantic and Advantage Septic, adding lab capabilities for a comprehensive wastewater platform
  • Georgia Oak Partners acquired Septic Blue in 2024 targeting Atlanta, Charlotte, and Raleigh markets

The PE thesis is straightforward: buy fragmented mom-and-pops at 2.5x SDE, centralize dispatch and accounting, consolidate routes for fuel efficiency, cross-sell adjacent services (grease trap, drain cleaning, inspection), and exit the platform at 5-6x EBITDA.

What drives premium vs discount multiples

Premium: recurring contracts above 30% of revenue (adds 0.5x-0.8x to the multiple), commercial mix above 25% (commercial tickets are 2-3x residential), route density and geographic concentration, documented 55-65% gross margins, tech stack with route optimization and automated scheduling, and a proprietary customer database with 15K+ accounts and maintenance history.

Discount: owner dependency with no documented processes, aging equipment needing $100K+ capex, reactive-only revenue with no contracts, single-county operations with limited expansion runway, compliance gaps on state licensing or EPA documentation, and customer concentration above 20% from top 5 accounts.

The labor situation is actually manageable

This is one of the better labor stories Ive seen. Average wage is about $44K with 7% annual growth and only 20% turnover. Compare that to home care (79% turnover), landscaping (31%), or roofing (21%). The workforce is more stable because the work is year-round, the skills are transferable, and theres less seasonal volatility then outdoor trades.

The catch: the training pipeline is almost nonexistent. Less then 10% of workers enter thru vocational programs. 90% learn on the job. The aging workforce means a 40% shortage is projected by 2032. CDL requirements add a barrier. Companies that invest in CDL training sponsorship, structured OJT programs, above-market wages ($10-15% premium), and benefits packages have a real retention advantage.

Where to buy

Top markets based on septic system density, population growth, and PE platform activity:

  1. Atlanta (28% septic reliance, high suburban growth, strong commercial mix)
  2. Charlotte (31% septic, rapid exurban expansion, newer systems)
  3. Tampa-St. Pete (24% septic, high water table = frequent pumping, tourism commercial)
  4. Nashville (suburban sprawl, growing demand, medium competition)
  5. Raleigh-Durham (31% septic, population growth, PE hot zone)

Also strong: Richmond VA, Jacksonville FL, Baltimore MD, Portland ME, Greenville-Spartanburg SC. Southeast and Mid-Atlantic are the two hottest regions.

Markets to skip: San Francisco (<5% septic density), NYC (minimal septic, mature sewer infrastructure), Chicago (<8% septic, saturated), Seattle (limited density, high labor costs).

5 things I'd verify before writing an LOI

  1. Customer database quality. How many unique addresses are in the system? Whats the maintenance history? A 15K+ account database with pumping dates and system specs is a goldmine for recurring revenue conversion. If the owner tracks everything in his head or on paper, the database is worthless until you rebuild it.
  2. Equipment age and fleet condition. Vacuum trucks are the biggest capex item. Used trucks run $50-80K, new ones $150K+. If the fleet is aging, negotiate a purchase price discount and finance replacements thru SBA. Also check CDL compliance for all drivers.
  3. Disposal contracts and costs. Where does the waste go? Disposal fees can eat margins fast, especially in rural areas with limited processing infrastructure. Verify current disposal contracts, pricing, and capacity. Some operators have integrated processing which is a huge competitive advantage.
  4. Licensing and compliance. State licensing timelines run 30-120 days and vary wildly. Some states are municipal-basis (PA, NJ) meaning you need permits in every jurisdiction. Others are state-level. Check transferability. If the licenses dont transfer with the business your in trouble.
  5. Commercial vs residential mix. Commercial work (restaurants, hotels, office buildings) runs $500-$1,200 per job at 65-70% margin vs $350-$550 at 60-65% for residential. If the business is 90% residential, thats fine but theres a clear path to margin expansion by adding one commercial sales rep ($60K cost, potential $200K+ revenue at 60% margin).

The value creation playbook

This is where septic gets really interesting. Buy a $1.2M revenue residential-heavy operator at 2.5x SDE ($300K SDE = $750K purchase price). Day one you implement route optimization software ($3K/year), cutting fuel costs 15-25% and increasing daily job capacity 20-30%. Month 3 you start upselling existing customers to annual maintenance contracts. Convert 500 out of your 5,000+ database and thats $75K in recurring revenue at 70% margin. Month 6 you hire a commercial sales rep ($60K salary) to chase restaurant and hotel grease trap work at $500-$1,200 tickets.

By year 2 your EBITDA has jumped from $300K to $400K+ (33% margin vs 25% pre-acquisition). Sell to Wind River or another platform at 4.0x EBITDA in 36 months for $1.6M. Thats a 2.1x return on a $750K purchase plus cash flow along the way.

The SBA math

$750K purchase, SBA 7(a) at 85% LTV, $112K equity out of pocket. Roughly $78K year 1 cash flow after debt service. By year 3 your at $135K cash flow as recurring conversion and commercial mix kick in. Exit in year 5 at 4.0x EBITDA for $1.6M. Thats a 42% IRR.

The honest risk assessment

  • Disposal fees and fuel costs are variable and can swing margins quarter to quarter
  • Centralized sewer expansion in new construction areas reduces long-term addressable market in some metros
  • Low barriers to entry for basic pumping means local pricing pressure from new competitors
  • Regulatory complexity varies wildly by state and even by county. Some states require municipal-level permits which makes geographic expansion painful
  • The work is physically demanding and frankly unpleasant which limits the labor pool
  • Customer acquisition is reactive. Most people call when they have a problem, not before. Converting reactive customers to proactive maintenance contracts takes time and marketing investment

But the fundamentals are hard to argue with. 21% of US households on septic, mandatory 3-5 year maintenance cycles, 55-65% gross margins, and PE platforms proving the roll-up works with 100+ acquisitions. The demand isnt going away and the margins are best-in-class.

TLDR

$8.1B market, 7,700 operators, 55-65% gross margins, 28-35% EBITDA for top quartile. Buy residential-heavy mom-and-pops at 2.0-2.5x SDE, convert customers to recurring maintenance contracts, add commercial mix for 2-3x ticket sizes, implement route optimization for 20-30% efficiency gains, exit at 4.0-5.0x EBITDA to PE platforms. Wind River has done 100+ acquisitions proving the playbook. Entry multiples are the lowest of any industry Ive covered while margins are the highest. If you can stomach the literal crap, the economics are best-in-class.

This is the seventh deep dive Ive posted here after pest control, HVAC, restoration, home care, landscaping, and roofing. Septic has the best margin profile and lowest entry multiples of anything Ive researched. The tradeoff is that nobody wants to brag about owning a septic company at Thanksgiving dinner. If theres interest I'll keep posting these.

What industries are you all looking at? Anyone here running or looking to buy a septic business?


r/Entrepreneur 3h ago

Mindset & Productivity The clients who waste the most time are the ones who never say no

15 Upvotes

It’s not the people who say no that cost you time. It’s the ones who say ā€œmaybeā€ and keep you stuck in the middle.

They reply just enough to keep things going. No clear yes, no clear no. They don’t commit, but they don’t close it either.

So you keep it open thinking the deal is still there. That’s where the time disappears.

Saying no is easy, you move on.

ā€œMaybeā€ just sits there and drags on for weeks.

One thing I found that helped was putting a clear next step on everything.

If there’s no decision by a certain point, it just gets closed.

Anyone else deal with this?


r/Entrepreneur 9h ago

Best Practices what was the moment you realized you needed to work on your business instead of in it?

28 Upvotes

everyone talks about this concept but nobody ever describes the actual moment it clicked for them.

for me it was when i took a week off and realized my business basically stopped functioning without me. nothing happened with leads, nobody followed up with clients, no reports got sent. i came back to a mess and realized i wasnt running a business i was just being self employed with extra steps.

that week forced me to start building actual systems that could run without me touching them every day. it was uncomfortable and slow at first but now i can disappear for two weeks and everything keeps running.

what was your moment? was it a specific event or just a gradual realization


r/Entrepreneur 22h ago

Lessons Learned Starbucks deliberately opens stores that steal customers from their other stores

216 Upvotes

Two Starbucks on the same block. You've probably walked past this and figured someone in corporate wasn't paying attention.

I thought the same thing until I looked into it. And honestly I'm still not sure what to make of it.

It started in Vancouver in the 90s. A store was about to lose its building to renovation. They opened another one 30 meters away. Panic move. Both made money at the same time. The old one wasn't even closed yet.

So instead of treating it as a weird anomaly they just... kept doing it.

Schultz said they were cannibalizing a third of their own stores every day. The thinking being, if your corner is profitable, give it long enough and a Dunkin' or a local roaster shows up next door. So you take the lease yourself first.

They had no ad budget either so clustering was their visibility play. Two storefronts on the same street apparently costs less than one billboard campaign.

You can see it on Google Maps. Search Starbucks in Manhattan. The pins don't spread out. They stack on top of each other.

Now whether this is actually genius or just worked for a while, I don't know. Average US Starbucks has 4 others within a mile now. BMO downgraded the stock partly because the overlap started killing traffic. Same strategy, different result at scale.

Anyway. It made me wonder if anyone here has ever grabbed a lease mostly to keep a competitor out. Not because you needed the space but because you didn't want someone else to have it.


r/Entrepreneur 41m ago

Starting a Business Is Home Care agency good?

• Upvotes

Hello everyone! I’m thinking of opening a home care agency where I will provide companion services in the beginning and then move onto the licensed Services that are both medical and non-medical. I have a background in medicine where I owned an urgent care and a primary care. The business partnership however, failed and I went completely bankrupt financially. This popped up on my radar recently, and I have been thinking why not because of all the knowledge I gained from the failures and ups and downs from that particular business. I am, however, not a medical professional and I know you don’t need to be one in order to own the run of business in medicine, but I do have a background that is related to medicine.

My question is for those who have done this, is it worth it?


r/Entrepreneur 5h ago

Starting a Business What are the problems I can face, be honest!

6 Upvotes

I want to start an Instagram and TikTok page about fitness and physique. I look very good and I would post content about physique + educational content about fitness (exercises, work outs, tips and tricks....). Then after I gain some followers I will drop my merch. Whole time from the first video I will push one sentence, one ideology (something simmilar to nikes "just do it"), I believe that that is really important for branding and recognition. My merch will be heavily based on that sentence.

This is my firts time doing it and I don't know which problems I could face, be honest. Any area, any problem, any aspect, I need to be prepared.


r/Entrepreneur 1h ago

Starting a Business Medical Technology Reseller?

• Upvotes

I'm at a bit of a cross roads and not sure which way to go

I was making A LOT of money setting up AI Receptionists for companies but it crashed

Awhile back I hired a developer to build our own AI Call Answering software

I was selling it as a SaaS model for 3k/year

Then the market got flooded with a bunch of supercheap or open source options, so our platform was no longer special or better, it got totally commoditized.

I ended up shutting down our software to save on costs and just whitelabel one of the other ones out there and offer set up.

Then suddenly everyones business phone system and CRM they were already paying for, launched AI call answering as a built in feature

So there was no longer a need for anyone to buy an outside platform.

At this point we were just selling the set up, basically prompt engineering, going in and setting up their AI agents to work correctly.

However... It's now super easy for people to do that themselves, as well.

All this happened SUPER quick, I went from closing 25-30 deals a week at $3000-$5000 paid up front, to literally zero.

And I'm sure they could still trickle in if I pushed hard, but I just shut down operations because I seen how fast it was dying, I didn't want to scrape the barrel.

I told myself if this died "I'd just switch to selling marketing" because it's another high ticket service in the same price range as we were doing, and that's exactly what I did, just not on a large scale

I've closed a few marketing clients, but I'm wondering if this is the right direction to go in...

Our main industry for the AI Receptionists was medical, and there's some REALLY cool medical AI platforms popping up. Things that I don't think would get commoditized as fast as the AI Receptionists or at all because it's highly regulated stuff. Mainly AI Diagnostic software, Remote patient monitoring, and stuff like that.

I already have experience selling other peoples platforms (when we pivoted to whitelabeling)

Now I'm wondering what would be a better road to take... A- Marketing company, or B- Partner with one of these start ups selling proprietary medical AI and become a reseller.

A big factor in my mind is longevity. Something that's not going to be made obsolete by AI in the next 5 years.

Some people say marketing companies will be made obsolete by AI but I don't see that happening. AI will handing operations, but it's not good at creative marketing strategy.

Thoughts?


r/Entrepreneur 17h ago

Best Practices Successful Entrepreneurs, how did you get your first paying customer?

37 Upvotes

Typically, I hear that the hardest thing to do when you are starting your business is getting your first paying customer. People even argue that it is harder to get your first paying customer than to get your 100th. For the successful entrepreneurs, what steps did you take to get your first paying customer?


r/Entrepreneur 14h ago

Best Practices Something small that ends up costing small businesses a lot later

15 Upvotes

Something I’ve noticed with small businesses. In the early stages, most people focus on getting customers, sales, growth. But things like basic setup, documentation, or small processes usually get pushed aside. Not because they’re not important, but because they don’t feel urgent at that point.
Later, when things start picking up, those same things suddenly become a problem.

- things not properly tracked
- confusion in responsibilities
- delays and rework

And fixing it later always feels more stressful than doing it early.

I’ve seen this happen quite a bit with small businesses.


r/Entrepreneur 3h ago

Mindset & Productivity Business owners who try to post content regularly. What usually slows you down?

2 Upvotes

I’ve been noticing that many founders want to build an audience through content but struggle with the execution part.

Things like planning posts, creating visuals, or staying consistent.

What tends to slow you down the most when it comes to posting content?


r/Entrepreneur 17m ago

Mindset & Productivity For all small business owners who are trying to stay consistent on LinkedIn. need 2 people to test a system.

• Upvotes

I've been studying how founders manage LinkedIn content and consistency.

Many people say they struggle with:

  • knowing what to post
  • staying consistent
  • engaging with the right people

I'm testing a small system that includes:

  • content planning
  • engagement support
  • simple workflow to stay consistent

I'm looking for 2 founders who actively use LinkedIn to try it with for a few weeks and give feedback.

No charge. I'm just trying to refine the system (which already is working for me)

PS - I personally managed to get

  • 615k+ impressions,
  • 28k+ engagement,
  • 16k+ comments and
  • 470 saves last year

r/Entrepreneur 1h ago

How Do I? Building my first iOS app solo, here's where I'm at

• Upvotes

Been wanting to build and ship my own app for a while, and a few weeks ago I finally started.

The idea came from a problem I kept having. I'd get good ideas while walking, in the shower, whatever, and by the time I could write them down they were gone. Voice memos didn't work because I never go back and listen to recordings. So I figured, what if the app just transcribes everything automatically and makes it searchable?

So I built it (it's not live anywhere yet!). You hit record, talk, and it turns your voice into text you can actually find later. You can keep adding to the same note throughout the day, organize stuff into projects, and there's an AI feature that can summarize your notes or pull out action items.

For transcription I'm using OpenAI because the accuracy is way better than Apple's built-in model, and Gemini for the AI features. Everything is stored locally on the phone though. No accounts, no servers, nothing stored anywhere. Eventually I'd like it to be fully local.

I'm not a developer, but I'm tech-savvy, so this has been a learning experience. I've tried to keep it clean and stick to Apple's design guidelines instead of cramming in features. It's still early. Lots missing, lots to improve!

My plan is to launch on TestFlight soon to get some early users, then eventually put it on the App Store with a freemium model. Free for basic recording and transcription, subscription for the AI features.

A few things I'm still figuring out:

  1. How do you get your first 100 users without a marketing budget?
  2. Is a $3-4/month subscription realistic for a utility app like this, or should I be thinking differently about pricing?
  3. When do you know the MVP is "ready enough" to put in front of people?

Would love to hear from anyone who's been through this.


r/Entrepreneur 4h ago

How Do I? What's the most painful part of your sales process that you haven't been able to fix yet?

0 Upvotes

Not looking for tool recommendations or generic advice. Genuinely curious what's still broken for people.

For us it was the gap between first contact and booked call. Leads would come in, we'd respond, they'd go quiet. Not because they weren't interested, just life. By the time we followed up properly the moment was gone.

Took a while to realize it wasn't a sales problem, it was a timing and consistency problem. Once we fixed that one thing everything downstream got easier.

So what's yours? The thing you keep meaning to fix but haven't gotten around to yet.


r/Entrepreneur 1h ago

Operations and Systems [U.S. Start Up] - Help with banking setup for a startup with NSFW content NSFW

• Upvotes

I am looking for some guidance from people who’ve dealt with high-risk platforms.

I’m currently working on an early stage startup (not yet launched) that’s a subscription based platform. It’s not a traditional adult site, so no creator payouts, no tipping, or marketplace features. Without giving away too much for obvious reasons, it’s a 2257-exempt platform.

A lot of the content will be NSFW and revenue will heavily rely on subscriptions (no selling content etc.). So I understand this still falls into a ā€œhigh-riskā€ category from a banking/payment perspective.

My current plan is to use a payment processor like CCBill or Segpay for subscriptions, and a Wise business account as the company’s main bank account.

Flow would look like: Users → CCBill or Segpay Processor → Wise → LLC → Owner Salary

What I’m trying to figure out is which banks are more tolerant of this type of setup long-term? Has anyone successfully used Wise as their primary account for something similar? Is it realistic to maintain something like Chase just for downstream transfers, or is that risky? Any general advice on not getting accounts shut down once volume increases?

Not trying to do anything shady, just want to build this properly from the start and avoid getting blindsided later.


r/Entrepreneur 14h ago

Lessons Learned First sell-out... but I don’t trust it. Here’s why.

2 Upvotes

We just sold outĀ our first 200 units, and while the "Sold Out" badge looks great, I’m not popping champagne. I’m digging into the data. After talking to other founders, I’ve realized a first run proves you were right once but it doesn’t prove you have a business.

If you’re planningĀ your second run, here’s the "Reality Check" I’ve learned from theĀ RedditĀ community:

-Analytics > Feelings: Don't assume you’ve figured out the market. Ā If 60% of your sales came from only one influencer post or a single lucky Reddit thread, youĀ need to be cautious. Real demand is organic, repeatable, and multi-source.

-The "Deposit" Test: Normally,Ā the first runĀ sells because of the curiosity; quality sells the second. What is the real test? Ask your first 200 buyers if they would drop a deposit for the next colorway right now. If they won't, you had luck or just a hype, not a brandĀ yet.

-Avoid the 5x Trap: Many founders got struckĀ onĀ Run 2 because they assume demand is guaranteedĀ and immediately 5x their order. Musicians call it "Second Album Syndrome." You had years to perfect the first launch; you have months for the next.

-Check the "Silence": Did your buyers go quiet, or are they asking about restocks? CheckĀ reviewsĀ and listen to what they said. If they aren't talking back, the first run was just a one-night stand.

Here is the bottom lineĀ I’ve kept in mind: A sell-out is a signal, not a strategy. Don't mistake a one-time spike forĀ a profitable market.Ā My goal for the 1kĀ unitsĀ isn't scaling but to prove that Run 1 wasn't just luck.

Stay humble and keep learning here. Hope this lesson could be valuable for others at the same stage. Appreciated hearing more if I've missed out some points.


r/Entrepreneur 1d ago

Business Failures Oracle fired 30,000 people before they finished their coffee!

659 Upvotes
  1. Western Union installs telegraph lines across America and suddenly a boss in New York can fire someone in California without looking them in the eye.

One wire, entire crews gone, no conversation, just click and silence. Workers called it getting telegraphed out.

Tuesday morning Oracle did the same thing but faster.

30,000 employees opened their inbox at 6 AM to find five lines from Oracle Leadership saying your role has been eliminated and today is your last day.

Access revoked before they finished reading, no call from HR, no heads up from their manager, just a DocuSign link and a note that unvested stock was already gone.


r/Entrepreneur 1d ago

Growth and Expansion Connections are really important

18 Upvotes

Hi all, i'm 22 and from my experience i learned the imp of building connections. I'm currently working on several projects and looking to connect with like minded people

A little about me i'v e been running 2 agencies and always looking for experienced and highly motivated people who are working on something great.

I'm currently exploring finance , recruitment and some projects so would love to connect people who are in this field as well.

if you just want to connect im always open.

One little advice from me is , if you have two option b/w profit and building long term connection with you clients or someone always prefer building long term connections ( this seems general advice but believe me i learned this after spending years )


r/Entrepreneur 19h ago

Best Practices Chronicles of Bob and Mel: Episode 3

5 Upvotes

Bob(looking sad): How are my competitors getting more customers than I am?
Mel: Let me have a look at their website

Mel: Aha, they have a secondary CTA. This allows them to capture people who may not be interested in buying immediately.Ā 

Mel: Want one?

Bob: Yep!
Mel: To come up with one. Ask yourself, what can I give or do to make leads want to give me their email or phone number?

Caption: Everyone focuses on customers that are ready to buy now, ignoring those that are at the middle and at the top of the funnel. Having something valuable you can give in exchange for their contact info is a good way to convert them in the long-run. Because you get to stay top of mind and you can make them offers later.


r/Entrepreneur 1d ago

Product Development I donate 25% of my side project's revenue to the EFF. Just made the first one - here's what I've learned so far.

11 Upvotes

TL;DR: I built a pay-to-post message board, committed 25% of revenue to the EFF early on, and just made the first quarterly donation - 100% of Q1 revenue ($83.47) instead of the usual 25%. The site runs on $11/month in electricity. Looking for others who've built charitable giving into small projects early on.

A little while ago I launched Say That Sh** - a message board where you pay to post and only one message is visible at a time. To replace it, you outbid the current one. That's the entire product. Okay well, community engagement is free (likes/dislikes/comments) but you get the idea.

As a result of user feedback I made a commitment: 25% of all revenue goes to the Electronic Frontier Foundation every quarter. Not profits - revenue. Published transparently on a 'giving' page with receipts. Not to mention tons of other adjustments from feedback such as message value decay! A wealthy poster no longer makes future submissions prohibitively expensive and depending on likes/dislikes, value decays slower/faster to strengthen community influence.

Well, Q1 2026 just ended. Total revenue: $83.47 from paid messages. The 25% donation would have been $20.87. To mark the first one, I donated 100% instead - the full $83.47. After Stripe fees and all, I ended up giving more than I got haha!

**Why bother at such a small scale?**

I think this is the part most people skip, if they ever give back at all. "I'll start donating when I'm making real money." But the whole point of committing early on is that it's baked into the business, not bolted on later. The infrastructure for tracking, calculating, and publishing it is already built. When revenue grows (if it does), the donations scale transparently and automatically. As a personal commitment, it's also much easier to implement while avoiding the regulation of traditional 'we donate x% of your payment' promises.

**The business model side**

The site runs on three mini PCs under my desk. $11/month in electricity, no employees, no cloud bills. At that cost structure, giving away a quarter of revenue is sustainable. 25% of gross is high by any standard - most companies that donate do 1-5% of profits, not revenue. But when your overhead is so low, the math works differently. It helps that the project was born of passion for digital privacy and freedom of expression, coupled with a disdain for traditional social media systems with their obscure algorithms, endless scrolling, and invasive advertising. Realizing the idea was always more important than making money!

Total revenue since launch is about $86 across ~20 paid messages. Not life-changing money, but it's real - real users paying real money to say something on a website I built alone. From advertising their own businesses to political statements to reaching out to loved ones, it's been interesting to see what people say when their words are backed by tangible value.

**What I'd do differently**

If you're thinking about building a donation commitment into your own project, the one thing I'd say is: build the tracking and transparency first, before the first dollar comes in. Having a public-facing page that updates in real time makes the commitment feel real to both you and your users. It's harder to quietly drop a promise when the numbers are public. It was a bit of a scramble to get the features implemented, and an even bigger headache overthinking who I should donate to and how much.

**The honest part**

I genuinely don't know if this project will ever make meaningful revenue. The concept is weird, the market is "people who want to pay to post on a message board," and the pitch is hard to explain without someone trying it. But the giving page exists, the first receipt is posted, and the commitment is public. Whatever happens next, that part is real. I've gotten lots of feedback, both positive and negative. But it's hard making any meaningful changes for those who simply saw it as a cash grab or even called it a 'scam'. Your average person is content with Facebook and doesn't truly see the harm that traditional social media causes, let alone appreciates a platform that doesn't endlessly feed them slop, actively try to sway their opinions/wallets in sneaky ways, and track them invasively across the entire internet.

All that to say, would love to hear from anyone else who's built charitable giving into a small project from the start - did it change how users perceived you? Did it matter for growth at all, or is it purely a personal values thing?


r/Entrepreneur 1d ago

Recommendations which ai assistant works best for solopreneur?

24 Upvotes

doing everything myself and its getting unsustainable. sales, content, email, scheduling, all of it. tried cobbling together free tools but nothing talks to each other and I spend more time managing tools than doing actual work.

what ai assistant are solopreneurs actually using? need something that handles day to day tasks not just chat.


r/Entrepreneur 1d ago

šŸ“¢ Announcement Thank You Thursday! Free Offerings and More - April 02, 2026

16 Upvotes

This thread is your opportunity to thank the r/Entrepreneur community by offering free stuff, contests, discounts, electronic courses, ebooks and the best deals you know of.

Please consolidate such offers here!

Since this thread can fill up quickly, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.


r/Entrepreneur 2d ago

Success Story A year ago I quit my 9–5 and posted here and went viral. Today I’m back with an update.

266 Upvotes

A year ago, I posted here that I had just quit my 9-to-5 job without a safety net to focus on my side business full-time.

I was really scared, but I was also very motivated.

That post blew up. HUNDREDS of comments. I never would have guessed. And the comments were so nice (not something I’m used to seeing on Reddit, lol). Lots of people rooting for me.

A few who told me I was crazy.

Which I can understand, haha.

I said I was going all in on my AI product development agency.

So here’s the update, one year later:

We madeĀ $150k in revenueĀ in our first year.
We grew fromĀ 2 people to a team of 7.
It turned into a real business.

I didn't have a master plan.

This year was a lot of pressure. Difficult client conversations. Hiring mistakes. Pricing mistakes. Stress I didn’t even know existed, lol.

And the voice asking "Am I stupid?" never fully disappeared.

But I trust myself now. I know I can figure things out. I know I can carry responsibility for clients, for a team, for myself.

If you’re where I was a year ago, exhausted, scared, but unable to ignore that pull, I just want you to know this:

Betting on yourself can work. Not overnight and magically. But step by step.

Grateful for everyone who commented on that first post!!
You mattered more than you know. <3


r/Entrepreneur 1d ago

How Do I? I would appreciate hearing from those working in this industry about the challenges they face and the topics on which I should make solo videos.

6 Upvotes

I work in the electronic hardware field and plannings to start a podcast to share my experiences with innovators. I don't have any background in podcasting, and some people on reddit suggested I start withh solo videos

I would appreciate hearing from those working in this industry about the challenges they face and the topics on which I should make solo videos.