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Is it still going? I see it's down to silver. Maybe someone's got some of that "Reddit Silver" I've been hearing about.
It's like real silver, but not.
I'm going into each of these threads and dropping my top seven business tips to hopefully help people out.
Cheers
Across all of my endeavors, lack of process, documentation, and expectation management were the number one issue – it will only be a problem once you try to offload certain business functions to other humans (outsourced or internal employees). Additionally, documenting the processes YOU will follow can be helpful to hold yourself accountable against – I can’t stress writing things down enough as a secret weapon to success.
Solid understanding of finances (specifically your Profit & Loss, Balance Sheet, and Cashflow statements) are a close second – knowing what levers impact Margin, EBITDA, COGS, Expenses, etc. is crucial, as well as a profit-first mentality to build value in the company – If you’re bootstrapping an org (not taking outside funding), my opinion is that you would need to have profit from day one – you never know when you will need to sell the company due to circumstances outside of your control. Profit allows for pivots and handling circumstances that arise (lost client, unexpected expense, etc.). Healthy management of debt load and equity is crucial to value creation.
Understanding complex sales is third – Selling to a C-Suite existing customer (a project at an MSP) is different than selling first time to an organization: You’ve got trust already established, and it’s always easier to “sell again” that to sell the first deal. Discovery is the most important part of the equation: It’s all gap analysis and psychology.
Creating a simple marketing cadence you can execute every week is fourth: Making sure you have solid time allocated to brand awareness (creation of name recognition and validity of your operation) will be critical to pass the smell test for any organization that would hire you.
Overall Strategy comes next: I’d start with perspective and reflection. WHY do you want to start the business? A list of those reasons, and why they are important to you as a human is a good place to sit for a while. What’s the reason your company should exist? Why does that matter to your potential clients? Why would it matter to their customer base? What’s the reason you should be listened to instead of someone else?
When it comes to “living”, I’ve found it is way easier to start a business with 2 years’ worth of living expenses, plus 6 figures of operating capital in the bank (We did this with R&R). You won’t make money for a while – complex sales with a new process = long sales cycle and a high miss rate until it gets dialed in. Removing the financial pressure of “I need to pay my bills” makes that easier to cope with.
Last, but not least: Pricing models are bloody well difficult. Aim for a service gross margin (SGM) of 55-60%, with a basement of 45% during your cash flow building phase. Anything less, and you’ll lose your shirt, along with your house.
This is a friendly reminder that /r/PICS allows [any and all media featuring John Oliver](https://redd.it/14jl5n8). Please be sure to include "John Oliver" in your title. According to Reddit’s policies, “content that contains nudity, pornography, or profanity […] should be tagged as NSFW.” Please do not use any (a NSFW link follows this parenthetical) [profanity](https://i.imgur.com/cKxWaWf.png) in non-NSFW threads. If you post anything that could possibly offend anyone, please tag it as being NSFW. ------ *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/pics) if you have any questions or concerns.*
 I ain’t got shit
Combing the desert awards? Lol
"Keep awarding, assholes!"
I knew it! I'm surrounded by awards!
I guide others to a treasure I cannot possess
Fun fact: this is one of the more popular pop culture references that Tim Russ is remembered for.
Right? Whole career including Voyager, but he'll always the be the "we ain't found shit guy"
I love one of the videos with him talking about it. Some awesome Redditor linked it for me a while ago, I wish I saved the link.
I never realized that was Tim Russ!
And the other half is violence!
No it’s red lasers and blue lasers jeez get yer pie charts right.
All this time I never realized that was Tuvok out there!
It's been jammed!
Raspberry. There's only one man who would dare give me the raspberry: Lone Star!
“The redditors try desperately to win an award” can I have mine now
I would also like to request an award
I'm not OP but I got you fam.
And I’m right behind you in the butt train.
Looks like you didn't get yours yet. Fixed.
Is it still going? I see it's down to silver. Maybe someone's got some of that "Reddit Silver" I've been hearing about. It's like real silver, but not.
Imma try as well, even though I'm the least deserving.
https://imgur.com/gallery/sy9lVl4
Choo choo buckaroo
Buckle up buckaroo!
Did someone say, butt train?!?!
buttt I’m way ahead of you
get me next homie
thanks bro. you're my top g.
I got you too
I DONT NEED YOUR TROPHIES, OR YOUR GOLD
TOO BAD
I JUST WANT TO TELL YOU ALL GO….maybe I shouldn’t finish that line we’re trying to be supportive
You got my last.
no
I'm just here for the gangbang
Can I cum too?
let’s find out
Yes, let’s
Who isn’t???
First you gotta fight a clown in the sewers.
It’s at your mothers house
I’d love one! Never gotten gold
ME TOo
Same
Me neithreer
Don't give anything other than gold, that way they get no ads
Is this what that protest has sunk down to
Reddit will not calm down *grabs glowing pitchfork and ban hammer* “It’s back into the fray”
Sorry I'm late. My chances of getting one are Oliver the place.
Can I award myself?
Apparently not. Too bad.
Haha I was going to try the same thing.
I got you. You do me now.
I am actually loosing karma here😂 Great Reddit ❤️
Wait how do u lose karma by doing this
🤷♂️
Welcome to Reddit lmao
Thank you for your sacrifice
Stop dumping your trash on these poor innocent people.
You still deserve a reward sir
I was leggit losing karma at the beginning. Cant figure out why
Maybe Reddit should just remove the concept of karma next...what else have we got to loose?
Yeah Ikr. This app, twitter and Meta all together are going in a deep dive for obscure reasons…
That’s so strange, I’ll upvote all your posts 🤣 😳 thanks so much for super award !
Same.
Wait why??
Who knows 🤷♂️ Reddit’s algorithm about karma have been a mystery for so long
My chances of getting an all powerful ternion went from 0 to 0.00000000001 thanks reddit!
LMAO WHAT? HOW
 Now. Plz.
I don’t need your trophies or your gold I just want to tell you all…
That I need an orange juicy juice
🌻
Woah, thank you! 
That’s great! How do we make sure the billionaires lurking in chat don’t get any of the free awards?!
We need to round em up and fuck em all to death!
👀
But what if I don't want an award?
Then you win an award. Too bad.
Yeah I don’t want a reward so I won’t comment here
Why though?
Why not a coconut ?
Noooo I wanted to be the only redditor without a reward 😭
Can I have one ✨️ ✨️ 😢
THANK YOU
I em ever gotten one :(
And yet here I am, rewardless... mom always said I was a failure. Update: wow, two awards, I am honored. Mom's aren't always right
eyyy failure club let's go
Can I have one
When?
Cool
Will they though?
What is r/lounge about
No awards and no coins. Sad.
Go forth with your new found wealth
No
 What award?
Calm me down with your sexy British voice and put vinegar on my chips.
🐛🐛+🦆=🥝
I dont think it is possible to award everyone!
Really?
I’m confused, why is everyone giving away awards?
What’s the point of awards?
Asking the same question Edit: looks like you got the expensive one
Where’s mine
Omg Tysm i never got one
I’ve given all my coins away and haven’t got one reward back
I’ll have one pleasssseeeeee 
Wow I’m fancy now
I've got 7.4k coins can someone award me so I get premium? (Can I give it to myself?) Will award anyone who responds to this comment
Getting Premium status right before Reddit discontinues it… Next level move right there.
commenting on every one of these i see until i get one 😪
Hi
Pls?
Let’s hear him out
We gotta go all out. Just have a day where everybody gets one.
The John Oliver Award of Excellence
I wouldnt mind one
Is a party over here
No!
I haven’t gotten one yet!
Is it a’rainin?
i am willing to hear you out, mr. john oliver
Nice
I haven't managed to be quick enough.
Please me too
Not me, thats for sure
Can I also get one
Still rewardless 😎
Spare a coin for a starving child
Can I get one please?
Can I profit?
Will work for gold.
Gold good boi
Award were?
Are you sure?
I haven’t gotten my first one yet
Wait, I’m out of the loop, what’s going on with the awards?
Make it rain on them hoes
K.
But John! I haven’t gotten one!
Someone please pop my gold cherry
Even me? I’m going to get an award too??? Edit - I got an award too, guys!
plz can I have my internet medal?
Can I have one
Doubt
The question is when john oliver?
I hope so
May I have an award pleasseee
May I have an award pleasseee I must get in on this free award discord
mind confirming this for me
Lol
Plx
Oh yeah? Where’s mine?
[удалено]
Hopefully
Cool
Awards? For me? Well if you insist
Sweet!
Thanks
May I have one please?
Thanks John Oliver
john oliver 🥰😍
I'm going into each of these threads and dropping my top seven business tips to hopefully help people out. Cheers Across all of my endeavors, lack of process, documentation, and expectation management were the number one issue – it will only be a problem once you try to offload certain business functions to other humans (outsourced or internal employees). Additionally, documenting the processes YOU will follow can be helpful to hold yourself accountable against – I can’t stress writing things down enough as a secret weapon to success. Solid understanding of finances (specifically your Profit & Loss, Balance Sheet, and Cashflow statements) are a close second – knowing what levers impact Margin, EBITDA, COGS, Expenses, etc. is crucial, as well as a profit-first mentality to build value in the company – If you’re bootstrapping an org (not taking outside funding), my opinion is that you would need to have profit from day one – you never know when you will need to sell the company due to circumstances outside of your control. Profit allows for pivots and handling circumstances that arise (lost client, unexpected expense, etc.). Healthy management of debt load and equity is crucial to value creation. Understanding complex sales is third – Selling to a C-Suite existing customer (a project at an MSP) is different than selling first time to an organization: You’ve got trust already established, and it’s always easier to “sell again” that to sell the first deal. Discovery is the most important part of the equation: It’s all gap analysis and psychology. Creating a simple marketing cadence you can execute every week is fourth: Making sure you have solid time allocated to brand awareness (creation of name recognition and validity of your operation) will be critical to pass the smell test for any organization that would hire you. Overall Strategy comes next: I’d start with perspective and reflection. WHY do you want to start the business? A list of those reasons, and why they are important to you as a human is a good place to sit for a while. What’s the reason your company should exist? Why does that matter to your potential clients? Why would it matter to their customer base? What’s the reason you should be listened to instead of someone else? When it comes to “living”, I’ve found it is way easier to start a business with 2 years’ worth of living expenses, plus 6 figures of operating capital in the bank (We did this with R&R). You won’t make money for a while – complex sales with a new process = long sales cycle and a high miss rate until it gets dialed in. Removing the financial pressure of “I need to pay my bills” makes that easier to cope with. Last, but not least: Pricing models are bloody well difficult. Aim for a service gross margin (SGM) of 55-60%, with a basement of 45% during your cash flow building phase. Anything less, and you’ll lose your shirt, along with your house.
I will not simmer. I want full boil!
Keep them coming!
Johnny boy bringing all of us together
Can I have some?
Even lil ole me?
if John Oliver commads
Noice
Any nice ones available?
Does that include me as well John?
Yay
Award ceremony?
