Topic: I'm done? Far from it! - page 5. (Read 12223 times)

It did in the begining.. amazing how many people will stand here and oust me now, but backed me up 6 months ago. One more reason why I'm done with bitcoin.

Just because we hate you? Or because you're selling something nearly no one wants?
Its not because you slap bitcoin prices on something that its gonna work.

Well fuck me backwards, I only have a Gray Davis Californian education.
So that leaves $1.50 chalked up to shipping/handling charges but wait... if I tossed it into a bubble envelope instead of a crappy one that would get damaged, it woulda costed MORE then $1.50 shipping. I guess my education's to blame for that too huh...
The trading cards were priced at face value in case anyone was wondering, especially those Derek Jeter cards.

EDIT: and besides, even if I did drop prices now, I betcha no one would still buy em.

Bitcoin doesn't sound like its based on sound math, maybe that's why its so sensitive to hacks and trolls!

Maybe your business failed because you have the math skills of a fourth grader who was left back a couple of times.

10% of $5 is $0.50. A 10% markup would make the card $5.50.

40% of $5 is $2. A 40% markup makes it $7.

Jesus Christ.

For the record I marked cards up 10% -.- a $5 card marked up is $7. Do some math yeesh.
The site is marked for deletion so the standard template has been reverted back as well.

So you are pissed because people were unwilling to pay more for a product on your site than they could get on another site?

Did you have a disclaimer on your website telling people that it was a charity and that you are down on your luck and could use the traffic?

As others have said, you need to buy things wholesale.

Buy a pack of 1000 cards for 80 cents each, paying $800. Sell them each for $1 and you make $1000. Leaving you with $200 in profit.

Of course, this involves risk because you may buy 1000 cards and nobody buys them. That is part of investing. To get a bigger profit you have to take a higher risk.

My wife buys products for her store wholesale all the time. Some sell, some just sit there taking up space. She does not go out in the streets complaining to people walking by that they have failed her. The fact that they did not buy her leopard pattern glasses covers shows that they have failed her.

Go find a wholesaler. Buy from them in bulk. Then sell with a markup.

This is the type of forum contribution I focus on. Yes, there are plenty of trolls and malcontents happy to bash any and every idea with no sign of empathy or civility, but the few like Jonathan more than make up for them.

logansryche, it's hard admitting defeat in a business venture that you've invested in financially and emotionally, but it is a very common occurrence and can't be blamed on bitcoin or this forum. I ran a retail dry cleaning store for ten years and almost went bankrupt because I didn't want to admit that I couldn't pull it out of the black hole of debt it started to slowly sink into after 9/11. Heck, BitBrew has been successful beyond my expectations but I still haven't earned back the money I've spent on advertising, yet!

Take Jonathan up on his offer and focus on something that's a better fit for you. Personally, I think your virtual marketplace idea has some potential.

B2C in the USA is difficult at best. I would not engage in that type of enterprise again. Even if you did come up with a successful B2C scheme, a big box company would simply copy and undermine your business.

I'm sorry but you're angry at people not wanting what you offered. Shouldn't you have done market research prior to investing everything then?

Take the following off the home page:

Yeah, that was directed at you. Just messing around, though.

It's nice of you to try and help.

 

I hope you were talking to me. lol. I feel bad for him, actually. I think his heart is in the right place, and perhaps he just needs to see someone else take his idea(s) and adjust them to market temperament. There were many good suggestions in this thread, but not too much action.

Let's help Matthew, and put the good ideas in this thread into practice, so that he can have some interactions with customers as ambassador of the brands that he has so far had no success in branding.

Anyways, that was my thinking.

-Jon

The saving grace of Bitcoin. As bad as you can possibly be at business, there's always someone who's a little bit worse.

I'll buy your sites from you. Get in touch.

-Jonathan

You're talking about bitcoin???

(i wonder if he considers his hair a success or failure)

Would YOU buy a gift card for 40% over list price? If not, why would you expect someone else to? I mean, I can go down to my local 7-11 and buy gift cards for all kinds of stores at the retail price. Why would you think you could offer far higher prices and far less convenience than a convenience store and still be successfull? Did you even spend two lousy seconds thinking about your business model?

For fuck's sake I'm practically a Marxist, and even I can see that you're doing capitalism wrong.

Failure is the only option in a monetary system. It is a self destructive, abusive, wasteful and deadly game that will continue to evaporate until such time that enough people have decided that it is no longer relevant. Start thinking about what is relevant in your life and reorient your values towards those people and ideas that are meaningful.

OP - most successful entrepreneurs fail many times before "getting it right." Every business you start, you should expect it to fail, and so will everyone else. Do it any way. Learn, try again. People put millions of dollars and decades into businesses that fail and leave them in bankruptcy and eternal poverty. That's the risk an entrepreneur takes.

And with the world of Bitcoin, difficulty is amplified... not only does a Bitcoin entrepreneur need Bitcoin to succeed as a protocol, but his business must win out as well. Thus, starting a Bitcoin business is doubly risky.

Your business did not fail because "everyone hoards coins." It did not fail because "the community didn't give you a chance." It failed because your product was not well-received by the marketplace. A million factors go into it, but if you have this idea in your head that you created something wonderful and nobody was smart or wise enough to notice, then it'll leave you in a foul mood and you'll be unlikely the learn the important lessons of business.

I've been involved with this community for months now, and I've never even heard of your site until now. And selling $5 cards for $7? Not going to work. And nowhere on your homepage is Bitcoin mentioned. No Bitcoin logo. No pricing in Bitcoin.  And for god's sake, your website had "Sales Message Goes Here"... I mean, come on.

I would like to praise you very highly, however, for assuring your creditors that they'll be paid back. That is very honorable, and a good sign that you'll have a good future ahead of you in business. Drop what you need to, regroup, and try again. Capitalism is hard.