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Hey, business owners of the web. I graduated a little less than a year ago, have about 10k in Capital + vehicle debt / minor credit card debt around 1k. I want to start a company. And I realize you can start a business in anything but where should I start? I can’t do this 9-5 bullshit anymore and want to start working for myself. Any tips would be appreciated. Plan on working 6 am to 10 pm instead. Honestly go for it, my advice work in something you enjoy for a Bus Driver 2020 Very Bad Would Not Recommend Shirt while to learn the day to day and try to find a niche within that and exploit that. Services make the most profit, consulting that sort of shit. Then follow the advice posted below, get your liabilities separated get business credit, and start going ham.
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Once you have the LLC, you can open a bank account with your new FEIN number (federal employee identification number) this is similar to a social security number, but instead of for a person, it’s for a Bus Driver 2020 Very Bad Would Not Recommend Shirt business and you file taxes with it. This is important too, cause if you start doing eCommerce and you want to easily separate what’s your reckless ass personal spending and what’s coming from your business for the cost of goods or whatever. Now that’s all covered you’ve got to get into the more creative side of your business.
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What are you really really really into? Like full on steeped in? It doesn’t matter what it is but usually, that’s the thing you know inside and out and you can see what people might want in that specific group or market, whether is a product or service or drop shipping or whatever. Now think about what you’d want or what they’d want and start calling in favors from friends, whether it’s coders/web devs/plastics engineers/social marketers/designers, whatever. Your friends wanna be a part, and they wanna help you do whatever you’re passionate about. Throw them a kick-ass party or give them some kinda gift in exchange out of Bus Driver 2020 Very Bad Would Not Recommend Shirt respect for their time. Usually, unless you get mega-huge, that’s enough to show them you’re appreciation.
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