1 Year to start my own business...

Discussion in 'General Business' started by cocoMonkey, Apr 3, 2007.

  1. ebiz

    ebiz Well-Known Member

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    #41
    same boat here ,I have 1.5 year to replace $3200 per month , scarry
     
    ebiz, May 17, 2007 IP
  2. cocoMonkey

    cocoMonkey Active Member

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    #42
    wow, dosnt time fly when your doing NOTHING.

    I'm really going to start making my money online from Monday.

    I have another post going right now about bum marketing -- as this could be a great way to get my bussines going.

    I think i will start a blog on monday. I'm making about $150 a month, I really need to get it to $100 a day within a year.

    Anyway, Just thought i'd update this post ;)
     
    cocoMonkey, Aug 31, 2007 IP
  3. ForgottenCreature

    ForgottenCreature Notable Member

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    #43
    Very nice, what's your goal after that? If you start reaching $100/day
     
    ForgottenCreature, Aug 31, 2007 IP
  4. rockys

    rockys Banned

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    #44
    Even I started with a 100$/day goal 1.5 month back and already 50-60$/month.
    But now my goal is 500$/day
     
    rockys, Aug 31, 2007 IP
  5. cocoMonkey

    cocoMonkey Active Member

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    #45
    lol -- i'll just aim for that right now :)

    Dont want to push it, but i guess, once $100 a day is met, i'll just keep trying to add $100 to that.
     
    cocoMonkey, Aug 31, 2007 IP
  6. ErikJ

    ErikJ Peon

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    #46
    heres my advice

    find a business or a product to promote were you do not have to maintain any actual business things. my sole income comes from a website I do not own and costs $15 a month

    all I do is promote the site and products make allot of money. So what you need to do is learn how to market don't worry about website design unless you have a product or business idea that you love. otherwise it wont work in 90% of the cases.

    find a company or business that all you have to do is market. then once you are making enough money to survive on your own think of a business you love and follow through with it
     
    ErikJ, Aug 31, 2007 IP
    cocoMonkey likes this.
  7. rima112

    rima112 Peon

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    #47
    I agree what ErikJ said.
    It depends what your advantages and what your interests are.
    If you like doing marketing, so just promote something and sell them.
    If you like coding, do program to make money.
    If you like writing, start a blog.
     
    rima112, Sep 1, 2007 IP
  8. linsys

    linsys Peon

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    #48
    Well I wish I had something encouraging to say (well IMO this is encouraging but .. ).

    Anyway I would suggest that you get out of college and get a real job in a real corporate environment for atleast 3-4 years at the very LEAST. There is a lot you can learn about:

    - Dealing With Others
    - Company Structure
    - Managing People
    - Process and Procedures
    - Corporate Politics
    - Experience, teachers don't know anything about the real world of IT/Programming/Web the best people to learn from are the people who have done it for 10 years
    - Business Contacts.

    I can't tell you how many people i meet in my day to day life that got out of college and started their own business, including Mortgage, Real Estate, IT, Web Design, SEO, you name it.. 98% of them don't have a clue what they are doing, they have no structure no idea about business.

    There is something to be said for working in a corporate environment for a few years and then taking that exp and starting your own company.

    If you want to make $100 / day that sucks, why not think bigger or what about the day you want to do more? You have no experience in hiring people working with employees, accounting, paying bills, etc.. etc.. etc..

    That is the problem I see with most people who went from College to self employment, I know one guy he runs a fairly successful mortgage company, he wanted to grow and called me to do his IT work, I ended up spending a lot of time teaching him how to really grow his company, manage his employees, write processes and procedures etc... it was one thing when him and 4 of his friend closed 10-15 loans a month they made good money and I mean $20k - $30k each per MONTH but he wanted to start branches and he no clue how to go from working with friends to hiring managers, and dealing with building a cookie cuter environment that could be produced over and over again.

    Just a suggestion get a job for a few year and get experience.
     
    linsys, Sep 1, 2007 IP
  9. qsol

    qsol Peon

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    #49
    I think King & Discreet has summed everything very nicely.

    Just one thing I would like to add: Getting a job along with a startup business also means:

    - You get to gain working experience, people skills, negotiation & marketing skills, etc on somebody else's time & expense.
    - You have a leg to stand on while the business takes off (since web businesses are all about a big idea, it may strike today, tomorrow, or six months later. You never know.
    - A good day at work boosts your morale
    - A bad day at work makes you work even harder on the business so you can leave the job ASAP.

    Remember, I have been in your shoes so if you would like any sort of mentoring, brainstorming, anything at all, you are welcome to holler!

    Good luck & keep us posted!
     
    qsol, Sep 12, 2007 IP