As you all know I got fired again do to the fact that I was the only guy bartender. I helped open a bar restaurant and was given a lame excuse and was fired.
Any advice for starting my own business I'm tired for working for people that don't appreciate hard work.
Well, unless you have loads of cash around, you'll probably need to secure some startup funds. Before the Recession came along, there were plenty of venture capitalists that would give you money to start up, as long as they got a cut of the profits....some friends of my family used a local bank for startup funds...
Either way, the first step will probably be a business plan. Once you have that you should be able to sit down with a bank and figure out how much you need to get started and how much they're willing to give you. Hope that helps!
A LOT of businesses are failing right now so unless you know a niche I'd say play it safe right now. Also, you need enough money saved up to live at least a year without income on top of your start up costs. Then don't plan on breaking even for 2 years.
Like the above poster said. For your sake I hope you've got a niche market that you feel isn't oversaturated.
I own a Computer Repair and IT company. I also own and operate a network of websites which helps with sales lead generation, ad revenue, and of course advertising my various products/projects.
I'm based in south florida, and while there is a huge amount amount of similar businesses there is also a huge customer base to pull from.
I can tell you this, I love what I do, and I love the freedom. But most of all it's exponentially more rewarding to succeed on your own I feel, that to do it for a big faceless corporation.
4 years ago I started the service that circuit city now calls firedog (geek squad alternative). Of course I started this program on a small scale, which we then rolled nationwide. But I was not at all happy putting so much hard work into a project that would only make others look good. I usually worked 40 hour weeks there, with around 10-15 hours overtime a month. In an average week I put at least 60+ hours of work into my own businesses and projects. Long story short I'm much happier working 2x the hours that I used to a few years back. When it's yours you take it much more seriously and it's energizing at times.
But the number one thing is it takes amazingly hard work, every single day. There will always be something on your list of things to do. You've got to master every aspect of your business. From the cleaning, billing, advertising, and selling you are #1. The one thing I wish I realized a couple of years back when I started on my own what that customers don't pop out of nowhere. You've really got to be ready to hit the ground running, and you've got to get your advertising campaigns ready to go. Even then, be prepared for business to suck for a while. You'll always envision your business doing better than it will in reality. I can't tell you how many web projects I've started on with visions of instant success that turned out to be month of hard work before I found half the success I had dreamed of.
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How here owns there own business?
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