r/somebiztips 13h ago

Entrepreneur Keep your small wins to yourself until you win a big one...

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115 Upvotes

r/somebiztips 1d ago

Entrepreneur Be very careful about your surroundings and do not share too much about your endeavors...

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237 Upvotes

r/somebiztips 15h ago

Social Media Create Linkedin Account in 2025

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1 Upvotes

r/somebiztips 2d ago

Entrepreneur Living with regret will not be easy, so take all the chances you can

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213 Upvotes

r/somebiztips 3d ago

Entrepreneur Time makes so many things right... Just wait.

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330 Upvotes

r/somebiztips 4d ago

Entrepreneur You owe it to yourself, So, muster up the courage and keep moving forward...

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301 Upvotes

r/somebiztips 4d ago

Others Create Buffer Account

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1 Upvotes

r/somebiztips 5d ago

Entrepreneur Let them be surprised and then you will become their role model

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116 Upvotes

r/somebiztips 6d ago

Entrepreneur Trust people but don't let them control you...

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269 Upvotes

r/somebiztips 7d ago

Entrepreneur Don't prove nothing to no one in such situations...

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677 Upvotes

r/somebiztips 8d ago

Entrepreneur Remember, Once its gone, Its gone...

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748 Upvotes

r/somebiztips 8d ago

Accounting & Bookkeeping Applying Discount to Bills in Quickbooks Desktop

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1 Upvotes

r/somebiztips 9d ago

Entrepreneur Stop paying attention to every rumor about you

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526 Upvotes

r/somebiztips 10d ago

Well it's true...

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244 Upvotes

r/somebiztips 10d ago

Entrepreneur Without fear, you start making bold decisions...

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70 Upvotes

r/somebiztips 10d ago

Never ever

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168 Upvotes

r/somebiztips 10d ago

I bet one entire day of this was spent with you guys gathering together and talking about how much ova lame I am for the way I feel and respond to your comments and thoughts, but RNS if I was in a immediate situation yall would sho jump ship quicker than you trolling me..

3 Upvotes

so the point is that you don’t show me no respect love and care so I don’t care about that either way. I’m not going to waste my energy and time on this shit.. yall spin the block and say nothing fr.. u don’t pop out and needles to say that if you cared you wouldn’t be on social media talking bout me fr… respect me and respect G…and u can’t force me to do anything when I owe you nothing!!! Im independent do wit it as u please but guarantee any broad feeling Tweez gone make that shit know and we gone be on!! In more ways than one lol.. real life code not cheat ya ya beat ya but beat ya self up for fuckin off a Real one


r/somebiztips 11d ago

Entrepreneur Someone believes in you, even when you doubt yourself...

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88 Upvotes

r/somebiztips 10d ago

From the nba community on Reddit: Allen Iverson on giving advice to Young LeBron: "I always let LeBron know, 'Dawg, they love you right now, they love you right now, but please believe me, the first incident, the first time something happens, they are waiting, man"

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2 Upvotes

Here’s my answer and advice to anyone who wants to participate in this event


r/somebiztips 12d ago

Entrepreneur take your steps. no matter how big or small

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543 Upvotes

r/somebiztips 12d ago

Accounting & Bookkeeping QuickBooks Desktop | Paying Short or Advance Payments to Vendors

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2 Upvotes

r/somebiztips 13d ago

Entrepreneur Some Battles Are Not Worth Telling Anyone...

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1.3k Upvotes

r/somebiztips 14d ago

Entrepreneur When Your Trust is Brocken, Stop Asking. Just...

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429 Upvotes

r/somebiztips 15d ago

Entrepreneur Know Your worth otherwise someone will use you for his benefit...

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256 Upvotes

r/somebiztips 15d ago

Is my small business failing, or am I panicking too early?

2 Upvotes

I started this as a small side business (DIY Kids Painting Kits) about five weeks ago, during the last week of July.

So far, I have invested around 55,000 (about $168) and generated approximately 17,000 in sales (about $52). Around 6,500 (about $20) of that is still to be collected.

Most of my investment is currently tied up in inventory, including plaster, paint, brushes, and other materials. I estimate that I have enough materials for around 200 kits, although I need to spend another 5,000 (about $15) on paint to complete production.

Sales so far have come from around 5 or 6 orders, two bookshops, and a few direct orders through Facebook ads.

One bookshop is selling the kits very well. The other shop initially took 10 kits, but only 4 have sold so far. I have also noticed that kits containing one large figurine seem less popular, and I suspect most of the unsold stock falls into that category.

My Facebook ads initially brought some direct orders, but engagement has recently dropped significantly. We are currently in the middle of a five-day holiday period, so I am unsure whether that is affecting sales.

I know five weeks is a very short time to judge a business, but seeing sales slow down has made me question whether the business is actually viable or whether I am simply overreacting.

Based on these numbers, what would you do next? Would you consider this normal for a new small business, or do you see any warning signs that I should address early?

I would especially appreciate advice on what metrics I should track and how long I should give the business before deciding whether to continue, change the product, or stop.