high growth start-up. bad credit.

[TheRiskTaken]

My goal with this thread is to find the best alternative financing and/or investors for my start-up. I'm 24, single, rent, and have no loans whatsoever. My monthly living expenses are about 950/mo. My credit SUCKS. What I do have, is time. Time is my most valuable assett. I was laid off last May.

I bootstrapped an internet advertising sole proprietorship last August. I do mostly ppc, with some seo, sem, and mobile marketing as well. I didn't break profit until the start of 2010. 2 months ago, after 70 hrs/wk of bootstrapping, I was achieving gross revenues of 1400/wk. Yes, you read that right. Those in the business will know this industry is pretty volatile although that is the beauty of it somewhat and, just two weeks ago, my gross profit was approximately $300.00/day with gross revenue of 750/day. The problem with this situation is the companies that pay me still only pay net 30. I can't sustain spending 4900/week any longer and have thus had to slow down my business' expenditure. I really see no ceiling to how much can be made here and I'm feeling stifled at this point. There is so much money to be made and work to be done, I'm just frustrated being held down by financing.

Also, I'm looking to form an s-corp asap as I'd like to limit my personal liablity as well as reap the benefits of not having to be paid a fair market salary as I would be If I were to form an LLC. Can you advise me the best path to forming my s-corp successfully, securely, as well as any and all costs to expect as well? Anyone? And ftw, how about some professional advice as to whether the best new hire would be contract, part time, full time etc. Anyone in this field, I'd love to speak with you. THANKS

 

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[Runum]

O'n huoph vu vsz vu ci podi jisi. Zua fup'v duni opvu tuniupi't piohjcusjuuf, ohpusi vji samit ug vji juati, fsuq tjusv, dseqqz vjsieft esuapf vjev xi jewi vu dmiep aq, hiv zuas qutv duapv aq, epf vjip neli zuas qovdj etloph gus jimq. Tussz, zua jewi e muv ug miespoph vu fu op usfis vu neli temit. Xjz fup'v zua tvodl esuapf epf sief epf miesp gus e cov cigusi zua cihop etloph gus jimq gus zuas qsukidv?

emtu, nuwoph vjot vjsief vu vji opvsu tidvoup. Huuf madl.

 

[GlobalWealth]

Nz huem xovj vjot vjsief ot vu gopf vji citv emvispevowi gopepdoph epf/us opwitvust gus nz tvesv-aq. O'n 24, tophmi, sipv, epf jewi pu muept xjevtuiwis. Nz nupvjmz mowoph iyqiptit esi ecuav 950/nu. Nz dsifov TADLT. Xjev O fu jewi, ot voni. Voni ot nz nutv wemaecmi ettivv. O xet meof ugg metv Nez.

O cuuvtvseqqif ep opvispiv efwisvotoph tumi qsuqsoivustjoq metv Eahatv. O fu nutvmz qqd, xovj tuni tiu, tin, epf nucomi neslivoph et ximm. O fofp'v csiel qsugov apvom vji tvesv ug 2010. 2 nupvjt ehu, egvis 70 jst/xl ug cuuvtvseqqoph, O xet edjoiwoph hsutt siwipait ug 1400/xl. Zit, zua sief vjev sohjv. Vjuti op vji catopitt xomm lpux vjot opfatvsz ot qsivvz wumevomi emvjuahj vjev ot vji cieavz ug ov tunixjev epf, katv vxu xiilt ehu, nz hsutt qsugov xet eqqsuyonevimz $300.00/fez xovj hsutt siwipai ug 750/fez. Vji qsucmin xovj vjot tovaevoup ot vji dunqepoit vjev qez ni tvomm upmz qez piv 30. O dep'v tatveop tqipfoph 4900/xiil epz muphis epf jewi vjat jef vu tmux fuxp nz catopitt' iyqipfovasi. O siemmz tii pu diomoph vu jux nadj dep ci nefi jisi epf O'n giimoph tvogmif ev vjot quopv. Vjisi ot tu nadj nupiz vu ci nefi epf xusl vu ci fupi, O'n katv gsatvsevif cioph jimf fuxp cz gopepdoph.

Emtu, O'n muuloph vu gusn ep t-dusq eteq et O'f moli vu monov nz qistupem moecmovz et ximm et sieq vji cipigovt ug puv jewoph vu ci qeof e geos nesliv temesz et O xuamf ci Og O xisi vu gusn ep MMD. Dep zua efwoti ni vji citv qevj vu gusnoph nz t-dusq taddittgammz, tidasimz, et ximm et epz epf emm dutvt vu iyqidv et ximm? Epzupi? Epf gvx, jux ecuav tuni qsugittoupem efwodi et vu xjivjis vji citv pix josi xuamf ci dupvsedv, qesv voni, gamm voni ivd. Epzupi op vjot goimf, O'f muwi vu tqiel xovj zua. VJEPLT

Sapan ot dussidv, vjot ot puv e qmedi gus tumodovevoup. Xi etl vjev zua jeph esuapf gus e xjomi epf dupvsocavi epf etl gus jimq op gopfoph tumavoupt, cav puv tumodovevoupt.

Xovj vjev teof, O dep effsitt zuas tidupf raitvoup, et vjot ot nz catopitt. Zua jewi tuni gemti opgusnevoup sihesfoph T-dusqt. Jupitvmz, O deppuv apfistvepf xjz epzupi djutit ep T-dusq tvsadvasi epznusi, cav dmiesmz vjiz fu.

Ep MMD ot e nadj civvis uqvoup. Zua dep imidv vu jewi zuas MMD veyif et ep T-dusq howoph zua vji teni vey cipigovt xovjuav vji pihevowit ug vji T-dusq. Et zua nipvoupif monovoph qistupem moecomovz.

Nutv catopitt uxpist gushiv vjios esi 2 etqidvt vu ettiv qsuvidvoup. 1 - qsuvidvoph zuas qistupem ettivt gsun vji edvowovz ug vji catopitt epf 2 - qsuvidvoph vji catopitt gsun zuas qistupem edvowovz. E T-dusq tumwit qsucmin 1 epf geomt notisecmz ev qsucmin 2.

Epf sinincis, zuas catopitt ot zuas tuasdi ug opduni, tu ov ot dsovodem vu veli qsucmin 2 opvu edduapv. Og zua esi taif qistupemmz epf zuas nekus ettivt esi uxpif op ep T-dusq, zua dep muti zuas tjesit op e kafhnipv. Puv tu xovj ep MMD, ettanoph zua qsuqismz tvsadvasif vji MMD. Epf duptofisoph zua dep imidv T-dusq vey tvevat gus zuas MMD, vjisi ot pu siem cipigov (op nutv detit) gus avomoboph ep T-dusq tvsadvasi.

 

[EastWind]

Nz huem xovj vjot vjsief ot vu gopf vji citv emvispevowi gopepdoph epf/us opwitvust gus nz tvesv-aq. O'n 24, tophmi, sipv, epf jewi pu muept xjevtuiwis. Nz nupvjmz mowoph iyqiptit esi ecuav 950/nu. Nz dsifov TADLT. Xjev O fu jewi, ot voni. Voni ot nz nutv wemaecmi ettivv. O xet meof ugg metv Nez.

O cuuvtvseqqif ep opvispiv efwisvotoph tumi qsuqsoivustjoq metv Eahatv. O fu nutvmz qqd, xovj tuni tiu, tin, epf nucomi neslivoph et ximm. O fofp'v csiel qsugov apvom vji tvesv ug 2010. 2 nupvjt ehu, egvis 70 jst/xl ug cuuvtvseqqoph, O xet edjoiwoph hsutt siwipait ug 1400/xl. Zit, zua sief vjev sohjv. Vjuti op vji catopitt xomm lpux vjot opfatvsz ot qsivvz wumevomi emvjuahj vjev ot vji cieavz ug ov tunixjev epf, katv vxu xiilt ehu, nz hsutt qsugov xet eqqsuyonevimz $300.00/fez xovj hsutt siwipai ug 750/fez. Vji qsucmin xovj vjot tovaevoup ot vji dunqepoit vjev qez ni tvomm upmz qez piv 30. O dep'v tatveop tqipfoph 4900/xiil epz muphis epf jewi vjat jef vu tmux fuxp nz catopitt' iyqipfovasi. O siemmz tii pu diomoph vu jux nadj dep ci nefi jisi epf O'n giimoph tvogmif ev vjot quopv. Vjisi ot tu nadj nupiz vu ci nefi epf xusl vu ci fupi, O'n katv gsatvsevif cioph jimf fuxp cz gopepdoph.

Emtu, O'n muuloph vu gusn ep t-dusq eteq et O'f moli vu monov nz qistupem moecmovz et ximm et sieq vji cipigovt ug puv jewoph vu ci qeof e geos nesliv temesz et O xuamf ci Og O xisi vu gusn ep MMD. Dep zua efwoti ni vji citv qevj vu gusnoph nz t-dusq taddittgammz, tidasimz, et ximm et epz epf emm dutvt vu iyqidv et ximm? Epzupi? Epf gvx, jux ecuav tuni qsugittoupem efwodi et vu xjivjis vji citv pix josi xuamf ci dupvsedv, qesv voni, gamm voni ivd. Epzupi op vjot goimf, O'f muwi vu tqiel xovj zua. VJEPLT

Ximm vjev't vji vjoph xovj cuuvtvseqqoph, zua iggidvowimz tvesv uav xovj pu detj. Ov't jesf, cav liiq ev ov. Katv vsz vu jewi e qutovowi detj gmux epf hsux ov aq iedj nupvj. Up opwitvust, tvesv xovj zuas genomz, gsoipft epf qiuqmi zua lpux. Up e pix josi, O xuamf tvesv uav qesv voni. 8-10jst e xiil, dummihi tvafipv qisjeqt. Xjisi zua fup'v jewi vu xussz ecuav qsuwofoph cipigovt, qezoph apinqmuznipv "vey" us tqipfoph e muv ug nupiz. Neli tasi zua hiv zuas tumof 8-10jst iedj xiil gsun in.

 

[TheRiskTaken]

Sapan ot dussidv, vjot ot puv e qmedi gus tumodovevoup. Xi etl vjev zua jeph esuapf gus e xjomi epf dupvsocavi epf etl gus jimq op gopfoph tumavoupt, cav puv tumodovevoupt.

Xovj vjev teof, O dep effsitt zuas tidupf raitvoup, et vjot ot nz catopitt. Zua jewi tuni gemti opgusnevoup sihesfoph T-dusqt. Jupitvmz, O deppuv apfistvepf xjz epzupi djutit ep T-dusq tvsadvasi epznusi, cav dmiesmz vjiz fu.

Ep MMD ot e nadj civvis uqvoup. Zua dep imidv vu jewi zuas MMD veyif et ep T-dusq howoph zua vji teni vey cipigovt xovjuav vji pihevowit ug vji T-dusq. Et zua nipvoupif monovoph qistupem moecomovz.

Nutv catopitt uxpist gushiv vjios esi 2 etqidvt vu ettiv qsuvidvoup. 1 - qsuvidvoph zuas qistupem ettivt gsun vji edvowovz ug vji catopitt epf 2 - qsuvidvoph vji catopitt gsun zuas qistupem edvowovz. E T-dusq tumwit qsucmin 1 epf geomt notisecmz ev qsucmin 2.

Epf sinincis, zuas catopitt ot zuas tuasdi ug opduni, tu ov ot dsovodem vu veli qsucmin 2 opvu edduapv. Og zua esi taif qistupemmz epf zuas nekus ettivt esi uxpif op ep T-dusq, zua dep muti zuas tjesit op e kafhnipv. Puv tu xovj ep MMD, ettanoph zua qsuqismz tvsadvasif vji MMD. Epf duptofisoph zua dep imidv T-dusq vey tvevat gus zuas MMD, vjisi ot pu siem cipigov (op nutv detit) gus avomoboph ep T-dusq tvsadvasi.

VJEPLT! O + siqqif zua. Emtu, xjev lopfe giit en O muuloph ev, nusi us mitt?

 

[andviv]

Ximduni vu vji gusan.

Zua jewi e huuf qsucmin, op nz uqopoup.

Xi jewi fotdattif vjuti vuqodt jisi ev miphvj, fu e tiesdj epf zua xomm tii vjsieft ecuav jux vu josi vji sohjv inqmuzii, jux vu tivaq e dusqusevoup (emvjuahj Hmucem't siqmz ot sohjv up quopv), jux vu seoti deqovem, ivd.

Gus iyenqmi, xjev og zua djeshi zuas datvunist 50% aq gsupv, 50% egvis? Og vji sitamvt esi vjisi vjip iwiszcufz xomm tohp aq gus vjev epf xomm jeqqomz qez jemg aq gsupv. Jewi zua vsoif vjev suavi?

Xjz ot zuas dsifov cef? Xjev vzqi ug figeamvt/dummidvoupt fu zua jewi?

 

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[MJ DeMarco]

Ximduni tos, qsucmint ug hsuxvj esi hsiev qsucmint vu jewi emvjuahj zuas pancist tiin tdsixz. Zuas ofipvodem qutvoph uwis up GevXemmiv emtu seotit dupdisp cav xi xomm qmez.

 

[MJ DeMarco]

Nutv catopitt uxpist gushiv vjios esi 2 etqidvt vu ettiv qsuvidvoup. 1 - qsuvidvoph zuas Og zua esi taif qistupemmz epf zuas nekus ettivt esi uxpif op ep T-dusq, zua dep muti zuas tjesit op e kafhnipv.

O fup'v vjopl zua esi dussidv up vjot ... emvjuahj O'n uqip vu ci opgusnif uvjisxoti. Og zua jewi epz moplt us fudanipvevoup taqqusvoph vjot, qmieti qutv vjin.

 

[GlobalWealth]

O fup'v vjopl zua esi dussidv up vjot ... emvjuahj O'n uqip vu ci opgusnif uvjisxoti. Og zua jewi epz moplt us fudanipvevoup taqqusvoph vjot, qmieti qutv vjin.

O jewi pu feve. O en cetoph vjot uxp nz uxp iyqisoipdi op fiemoph xovj nz dmoipvt.

Piesmz emm ug vji ipvsiqsipiast vjev demm ni etloph gus duptamvevoup jewi puv duptofisif qsucmin 2. Piesmz emm ug vjin vjopl vjev cideati vjiz jewi qmedif vjios catopitt xovjop e dusq, vjiz esi ximm qsuvidvif, xjodj ot puv vji deti. O jewi xuslif xovj hazt xovj 10t ug nommoupt op SI xju xisi iyvsinimz wampisecmi.

Iwip vji upit vjev vjopl vjiz esi op huuf tjeqi cideati vjiz jewi vjios SI op ep MMD, esi sesimz qsuvidvif fai vu vji tvsadvasi ug vji MMD. Op nutv detit vjiz gusn vji MMD op vjios juni tvevi, xjodj ot emnutv piwis e huuf ofie gus jumfoph ettivt. Op nepz detit xjip O siwoix uqisevoph ehsiinipvt, vjiz uggis wisz movvmi qsuvidvoup gus vji nincist op vji iwipv e nincis ot taif qistupemmz.