Profile picture
, 7 tweets, 1 min read
Investing in businesses run by other people is a good way to test the entrepreneurship waters as well. But here are some 🚩 🚩 🚩 you should watch out for. #Thread
The business isn’t properly or legally registered.
🚩🚩🚩🚩
The business has no business plan.
🚩🚩🚩🚩🚩
The business has no go-to-market or marketing plan. Definitely a big 🚩
The entrepreneur has no advisers or mentors or support group.

🚩🚩🚩🚩🚩🚩🚩🚩🚩
When you ask the question “who are your competition” and the entrepreneur says “we have no competition”.

🚩 ✌🏽
What are some of the red flags you watch out for before investing in other businesses?
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with scalemyhustle

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Related hashtags

#Thread

More from @scalemyhustle see all

Profile picture
scalemyhustle
@scalemyhustle
Have you ever considered starting your own consulting practice? Consulting is a great way to earn extra money from skills you already have or can learn. We have a paid course on this but are happy to share some key takeaways. If you will like us to share, just like this tweet.
All promises kept!
The first thing we discussed was the importance of focusing on a niche. This helps you build expertise.
2. Think about your clients as people you are helping to move from point A to point B. Point A is where they currently are and Point B is where they want to be.
Read 7 tweets
Profile picture
scalemyhustle
@scalemyhustle
Marketing is hard. Everyday, you are told “Market” “market” “market” 🙄 ⁣⁣⁣
⁣⁣⁣So much noise on marketing everywhere but what does it really mean???? Okay, so let’s discuss it together. ⁣⁣⁣
⁣⁣⁣
1. Create a referral program. Referral programs are very effective. This was Dropbox’s main marketing strategy. Offer customers a discount or freebie for referring their friends and family!⁣⁣⁣⁣⁣
⁣⁣⁣⁣⁣
2. Become a Trusted Resource: People do business with people they trust. A simple way to do this is send out educative content on your industry. Give your customers information that helps them do things faster, easier and less expensively.⁣⁣⁣⁣⁣⁣
⁣⁣⁣⁣⁣⁣
Read 7 tweets
Profile picture
scalemyhustle
@scalemyhustle
As #iPhone11 is being released, we think it is a great opportunity to share lessons from one of the greatest salesmen in history! Sit back and enjoy. Also let us know if you learn a think or two from this thread. #marketing #Scalemyhustle
1. Make a great product - this is really important. Even with all the best marketing in the world, you still need a great product. The good thing is, a great product sells itself. ⁣
⁣
2. Do not sell products, sell dreams: this is important & is one of Apple’s core strategies. Apple sells a package of dreams, personal experiences & status. How will customers feel after using your product or service? Make sure that feeling shines through your marketing material.
Read 6 tweets

Related threads

Profile picture
Katie Hale
@halekatie
RESOURCES FOR WRITERS: a list of organisations, opportunities & support, which you really ought to have on your writerly radar, and which I wish had been on my own radar earlier in my career. Hope you find them useful. #thread #amwriting #writer
If you're a writer, join @Soc_of_Authors. They're great advocates for writers' rights, & offer PDF guides on working as a writer, specific advice on contracts etc for members & discounts on books! They also offer grants for work in progress & run annual awards.
@Soc_of_Authors Anyone in the arts should be aware of @ace_national (or @CreativeScots / @Arts_Wales_ / @ArtsCouncilNI, depending where you're based). They support writers through fundings opportunities - for individuals & organisations.
Read 31 tweets
Profile picture
GreatGameIndia
@GreatGameIndia
#Thread
#populationcontrollaw is actually #Agenda21 which is British policy to reduce population of former colonies like India through various sterilization & other policies peddled through United Nations and popularised by Hollywood to effectively keep nations under their orbit.
In 1974 US National Security Council under Henry Kissinger completed classified 200-page study “National Security Study Memorandum 200: Implications of Worldwide Population Growth for US Security & Overseas Interests” advocating #populationcontrollaw for nations like India.
NSSM200 claimed that population growth in so-called Lesser Developed Countries (LDCs) like India was grave threat to US National Security & outlined covert plan to reduce population growth in nations like India through birth control & implicitly war & famine #populationcontrollaw
Read 23 tweets
Profile picture
The Columbia Bugle 🇺🇸
@ColumbiaBugle
#Thread Senator @HawleyMO With Perhaps the Greatest America First Speech Ever Given:

"I for one am hopeful, because in the heart of this nation American strength has not failed, it is only waiting to be recognized, waiting to be called upon, waiting to be given voice." 1/
@HawleyMO "The great divide of our time is not between Trump supporters and Trump opponents...the great divide of our time is between the political agenda of the leadership elite and the great and broad American Middle, the middle of our society." 2/
@HawleyMO "For years the politics of both Left & Right have been informed by a political consensus that reflects the interests not of the American Middle, but of a powerful upper class & their cosmopolitan priorities. This class lives in U.S. but they identify as citizens of the world." 3/
Read 16 tweets
Profile picture
Moss Robeson
@mossrobeson__
#Thread: Inspired by the CBP Facebook revelations, I decided to take a look at the OUN-B affiliated U.S. Organization for Defense of Four Freedoms of Ukraine (ODFFU) Facebook group, which includes 610 people. In no particular order, here are some profiles that stuck out to me:
Dmytro Zhmailo, spokesman/executive director of Free People, member of Youth Nationalist Congress (MNK), and senior staff for Ukrainian MP Oleh Medunytsia, who himself chaired MNK 2002-2006. Among others, Zhmailo is FB friends with CUN leader S.Bratsiun.
Pavlo Podobied, head of the Ukrainian Institute of National Remembrance's Department for the Preservation of Places of Memory, according to Newsweek, has "accused Jews of being the main perpetrators of Soviet crimes against Ukrainians in the 1920s and 1930s." (1/2)
Read 33 tweets
Profile picture
Capitalist Party of South Africa
@purplecowmobi
#Thread This is an important question, so let's unpack this.

1) It is our view that coalition politics are the way of stable democracies and the future of South Africa. Germany is a good example of how coalitions work.
2) The first half of the Mandela administration ticked a number of boxes in terms of how coalitions should work (although that was a Government of National Unity rather than a coalition). The cabinet had ANC, NP, and IFP ministers. It worked well.
3) A number of our municipalities are run by coalition governments. Some of these work well. Others are a disaster.
Read 10 tweets
Profile picture
AeroDynamic Women
@AeroWomen
#Thread of responses from women in aerodynamics to the question, 'what would you like to see in order for women's career progression in your field to be sustained and better supported?'

Responses incl. career flexibility, mentoring and more women in leadership roles #WomeninSTEM
1. "I think young female engineers need to see more female role models and mentors in my field. Having a visible example of someone that looks like you and is succeeding in their field is important. Having an opportunity to meet with a mentor like that can be very powerful."
2. "I would like to see that any career promotion is based on own merits and value added to the company or the society independently of the gender. I want that women are measured with the same rules as men and are given equal opportunities."
Read 68 tweets

Trending hashtags

#Wikipedia #lying #FactsMatter #MOM #saving #NorthernWritersAwards #BANGOS #Beautiful #cunt #Bitches #perpetrators #Facebook #routine #YET #Munger #Avatar #Giraffes4Life #EP2014 #SHADOWBAN #BradyRule #FRAUD #EUTurkeyDeal #REPLY #dirtycop #Aprils
Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!