Entrepreneurs of #nostr, what is a good strategy to manage my expenses as I build my business? I feel everyone is over charging me?

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I'll pin myself here. That's interesting topic.

Business is the art of profit.

(Over charging others)

Contractors are being unreasonable.

Profit is not overcharging. 🙄

Profit is the art of labor extortion or lying.

1. buy the stuff you need/use in bulk to save

2. learn to do your own taxes. dont pay anything to an accountant

3. use shipping companies like pirate to save if you have physical products to ship

4. dont pay for software if there is an open source alternative

5. you dont measure product-market-fit by online advertising. test it by trying to sell to your friends, family and neighbors first

6. don’t hire until you’re drowning in work. automate or delegate to tools first

8. barter your skills with others instead of paying cash

9. make a habit of reviewing every subscription monthly. cancel what you don’t absolutely need

10. document everything you do once, so you don’t waste time repeating it later. saving time means sabing money.

You have two options:

1. DIY.

2. Keep searching for cheaper options, but you just might get what you pay for.

There's a limit to how much you alone can do. This is why you hire others to do for you.

Thanks. Yeah, it seems that I am exactly there.

DIY is not option due to permits and regulation. Licensed contractors are required, and they are using this against my business.

I always make sure to get multiple bids for all my jobs so I’m not at the mercy of one number. Also, remember that everything negotiable.

I probably need more offers.

Hey nostr:npub1nje4ghpkjsxe5thcd4gdt3agl2usxyxv3xxyx39ul3xgytl5009q87l02j

Contextually it’d help to have some more details as to what you mean by “strategy” and “manage expenses”.

Are you referring to tools? A process? A combination of the both?

Re: feeling over charged; this is usually a symptom of selecting solutions that are too many stages ahead of your current business revenue and profit margins.

Think buying a tank, when a knife or a gun would have sufficed.

PS

Feel feee to secure DM me and/or I’d be willing to hop on a call with ya next week to chat through what’s going on and help you gain some clarity.

Lol damn typo in my PS “feel feee” should be “feel free” nostr:npub1nje4ghpkjsxe5thcd4gdt3agl2usxyxv3xxyx39ul3xgytl5009q87l02j 🤦‍♂️😎

Don’t spend too much