D
Deleted74396
Guest
I haven't been making as many threads here as I've been putting things into action and figuring things out as I go. I just hit a roadblock that I'm not sure of my way around though, and I'm hopeful someone can help.
I run a large Facebook community and have experience growing a publishing/entertainment business so this is what I intend to do again.
Phase 1 of my plan basically involves making £3-10k so I can start to grow my team and begin other more lucrative monetisation methods.
I have less than £100 so all I can afford is printing unique t-shirts. The advantage of screen printing is that the finished t-shirt costs me less than £3.50, so at full price I can make £10+ profit. My goal by the end of March is literally just to sell 3-5 a day, which is a conservative amount as my audience is 350k+, but will make enough for me to begin investing into the business properly. It's a more than achievable goal. Additionally, from feedback, the uniqueness of a product made in the UK is something that appeals to my audience.
I have an awesome tag design and stamp that I created last month! It looks amazing and the audience dig it. They also like the designs I've showed them that I intend to screen print.
Screen printing is a process I've done in the past successfully and recapped greatly the past couple of months. I keep hitting roadblocks in the DIY screen printing process, and I'm now at the roadblock of 'this will not work, even after trying all the variables, and the answer/solution is expensive'. I can't afford the equipment to upgrade the setup, which would likely solve the issues I'm having.
My process from the end of March/month 4 is something I've done a couple of times and I know will be a success, but sadly these slow 1-3 months are the groundwork for reaching $10k/mo profit by the end of the year.
I'm not sure how to do this without capital, and I can't raise capital with screen printing, but I also don't want to give away 30-40% of my business (the value of the assets is literally around $10k right now).
I own my home outright but as I'm on low income and have below-average credit, I can't borrow form my bank/peer-to-peer lending services/loan providers/etc. UK regulations don't help me in my situation!
I had my house evaluated earlier this month and it should be up for sale within 8-10 weeks, whilst the average for selling + conveyancing is 4-6 months. I will have capital by the end of the year, but my goal is to be well on the way to the Fastlane by then, and it's frustrating that I have a plan I can start ASAP once I have just some cash.
I'm focusing on the present more, but it's still a worry that I'm going to spend the year struggling like I did in 2019, even if I'm certain I'll end the year with capital. I want my business to be running, what I love to do, and what I've been successful at. I'm only 22 and don't want to spend a second year of my life miserable, broke, and stuck!
It felt good to write this out. WTF should I do?!
I run a large Facebook community and have experience growing a publishing/entertainment business so this is what I intend to do again.
Phase 1 of my plan basically involves making £3-10k so I can start to grow my team and begin other more lucrative monetisation methods.
I have less than £100 so all I can afford is printing unique t-shirts. The advantage of screen printing is that the finished t-shirt costs me less than £3.50, so at full price I can make £10+ profit. My goal by the end of March is literally just to sell 3-5 a day, which is a conservative amount as my audience is 350k+, but will make enough for me to begin investing into the business properly. It's a more than achievable goal. Additionally, from feedback, the uniqueness of a product made in the UK is something that appeals to my audience.
I have an awesome tag design and stamp that I created last month! It looks amazing and the audience dig it. They also like the designs I've showed them that I intend to screen print.
Screen printing is a process I've done in the past successfully and recapped greatly the past couple of months. I keep hitting roadblocks in the DIY screen printing process, and I'm now at the roadblock of 'this will not work, even after trying all the variables, and the answer/solution is expensive'. I can't afford the equipment to upgrade the setup, which would likely solve the issues I'm having.
My process from the end of March/month 4 is something I've done a couple of times and I know will be a success, but sadly these slow 1-3 months are the groundwork for reaching $10k/mo profit by the end of the year.
I'm not sure how to do this without capital, and I can't raise capital with screen printing, but I also don't want to give away 30-40% of my business (the value of the assets is literally around $10k right now).
I own my home outright but as I'm on low income and have below-average credit, I can't borrow form my bank/peer-to-peer lending services/loan providers/etc. UK regulations don't help me in my situation!
I had my house evaluated earlier this month and it should be up for sale within 8-10 weeks, whilst the average for selling + conveyancing is 4-6 months. I will have capital by the end of the year, but my goal is to be well on the way to the Fastlane by then, and it's frustrating that I have a plan I can start ASAP once I have just some cash.
I'm focusing on the present more, but it's still a worry that I'm going to spend the year struggling like I did in 2019, even if I'm certain I'll end the year with capital. I want my business to be running, what I love to do, and what I've been successful at. I'm only 22 and don't want to spend a second year of my life miserable, broke, and stuck!
It felt good to write this out. WTF should I do?!
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