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After wanting to start a business since 2003, it's finally becoming real!
I'm currently employed full-time as a police officer. It's hard to put that fact out there because in today's world I feel like I have to protect myself. It's a job that pays well with awesome benefits, but it can be a drag. I don't wake up excited to go to work and it's hard to relate to people when you don't feel like you get a lot of support outside of the job. It's not fulfilling to me anymore. It scares me to think that one day I'll wake up and regret not starting a business because "my job paid well and I was comfortable."
Back in August, 2016, a friend was visiting and while he was here, we went and visited his cousin who is a retired accountant. After talking to him about business, the stock market, and day trading, he said something to me that I will never forget. He said, knowing that I was a police officer, "you're selling yourself short."
Years ago, between police jobs, I worked for my uncle who ran a business. After talking to him earlier this month, I decided I was going to do what he used to do. He told me he would help me as long as I committed to it.
I hate to be vague at this point, but in the future, if it takes off, I could see myself going into more detail and helping others get started.
During the start-up phase, I've spent about $500, which includes filing for an LLC, buying the domain name for my business, buying a business landline, and setting up a PO Box. In a couple weeks, I'll have to spend $160 for a registered agent, and I'm projecting that I may have to spend another $250 for a software license.
I'm sure you're thinking that "you don't need all of that! Just go make some sales." The reality is that I actually do need it. Maybe not the domain, but it's going to be needed in the future so I bought it now while the name was available. Maybe not the software either, but it's a quality-of-life issue that my uncle is recommending from the point of experience. I haven't bought it yet so I may change my mind.
As of right now, I am waiting for my paperwork to come back from the state. It should be another two weeks. After I have that, I will open up a bank account, fill out some more required paperwork, and then put together a packet of information and apply for some certifications. This is all required and for my benefit in the long run. Then, the fun part begins with making sales.
I will be starting slow to get accustomed to the process and learn how the system works. I'm still learning a lot and will probably make some mistakes.
Short-Term Goals
1.) To make my first sale to learn how the system works.
2.) To make at least 10 sales to prove that I can do this.
3.) To earn enough money to payback my startup costs and get back to breakeven.
4.) To generate enough average profit per month to pay my monthly expenses. This will set up the opportunity to go at this full-time.
5.) To earn enough money to resign from my job as a police officer.
This opportunity has given me focus and direction and I am incredibly excited to get started. I'm looking forward to updating this thread in the near future with lessons learned and some stories of success!
Thanks for reading!
I'm currently employed full-time as a police officer. It's hard to put that fact out there because in today's world I feel like I have to protect myself. It's a job that pays well with awesome benefits, but it can be a drag. I don't wake up excited to go to work and it's hard to relate to people when you don't feel like you get a lot of support outside of the job. It's not fulfilling to me anymore. It scares me to think that one day I'll wake up and regret not starting a business because "my job paid well and I was comfortable."
Back in August, 2016, a friend was visiting and while he was here, we went and visited his cousin who is a retired accountant. After talking to him about business, the stock market, and day trading, he said something to me that I will never forget. He said, knowing that I was a police officer, "you're selling yourself short."
Years ago, between police jobs, I worked for my uncle who ran a business. After talking to him earlier this month, I decided I was going to do what he used to do. He told me he would help me as long as I committed to it.
I hate to be vague at this point, but in the future, if it takes off, I could see myself going into more detail and helping others get started.
During the start-up phase, I've spent about $500, which includes filing for an LLC, buying the domain name for my business, buying a business landline, and setting up a PO Box. In a couple weeks, I'll have to spend $160 for a registered agent, and I'm projecting that I may have to spend another $250 for a software license.
I'm sure you're thinking that "you don't need all of that! Just go make some sales." The reality is that I actually do need it. Maybe not the domain, but it's going to be needed in the future so I bought it now while the name was available. Maybe not the software either, but it's a quality-of-life issue that my uncle is recommending from the point of experience. I haven't bought it yet so I may change my mind.
As of right now, I am waiting for my paperwork to come back from the state. It should be another two weeks. After I have that, I will open up a bank account, fill out some more required paperwork, and then put together a packet of information and apply for some certifications. This is all required and for my benefit in the long run. Then, the fun part begins with making sales.
I will be starting slow to get accustomed to the process and learn how the system works. I'm still learning a lot and will probably make some mistakes.
Short-Term Goals
1.) To make my first sale to learn how the system works.
2.) To make at least 10 sales to prove that I can do this.
3.) To earn enough money to payback my startup costs and get back to breakeven.
4.) To generate enough average profit per month to pay my monthly expenses. This will set up the opportunity to go at this full-time.
5.) To earn enough money to resign from my job as a police officer.
This opportunity has given me focus and direction and I am incredibly excited to get started. I'm looking forward to updating this thread in the near future with lessons learned and some stories of success!
Thanks for reading!
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Nezci vjev't tunivjoph gus epuvjis mogi.
