Starting a business

[4phw]

Those that finally started their business- what made you finally jump into it? Things you wish you could’ve told yourself looking back? Did you think you’d be successful?

I want to start my business, but the limiting beliefs are strong haha

 

[Rich M]

I regret spending 4.5 yrs in my own business. Worked harder and made less than i would have working for someone else.

Started it after hitting a glass ceiling. 9 yrs later ended up back there. 6 yrs later was made partner for same position i left over. Cant wait to retire now, working my butt off.

 

[grfox92]

Those that finally started their business- what made you finally jump into it? Things you wish you could’ve told yourself looking back? Did you think you’d be successful?

I want to start my business, but the limiting beliefs are strong haha

Tell us your business idea.

 

[Thess87]

I’ve started several businesses throughout my life. I also still work a day job. It gets old work so much but money and fun ain’t free. I keep a couple low maintenance businesses going for a retirement plan and a a couple others going to live on, then I work a day job in order to fund my hunting habits. If I was to guess I’m betting when I’m olderI will regret not quitting my day job and spending more time in my businesses, as they pay better than the day job.

 

[4phw]

Tell us your business idea.

I’ve had a passion for health/ fitness since I was a young fella. Went to school for 3 years and learned (seems useless without putting it in practice) lost 50lbs and wanting to start helping others do the same.

 

[grfox92]

I’ve had a passion for health/ fitness since I was a young fella. Went to school for 3 years and learned (seems useless without putting it in practice) lost 50lbs and wanting to start helping others do the same.

What is your vehicle to put these skills to use? How will you monetize it?

Sent from my SM-S931U using Tapatalk

 

[4phw]

What is your vehicle to put these skills to use? How will you monetize it?

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I have started coaching a friend for free, and in 10 weeks he’s already had some amazing results. Next step is I was going to get a Facebook post to friends/ family and hoping to get referrals from that. A little snowball affect I imagined. Imagining only gets me so far though haha

 

[cbat]

Do some tax research for the state you live in before you start. Some places will rape you like Washington.

 

[4phw]

Do some tax research for the state you live in before you start. Some places will rape you like Washington.

Set up LLC in 2024. I made $1400 in the years from my 1 client. Taxes suck.

 

[RockAndSage]

OP, for fitness coaching, look into Alex Hormozi's work.

Best advice is to plan on working 2 jobs full time - and once your business pays enough that you don't need the income from the normal job, then you can quit and go full-bore into expanding your business. That's bootstrapping, when you don't have a pile of cash to capitalize a new company. Use your day job to fund your business, and just plan on doing 2 full time jobs.

Especially in the beginning, entrepreneurship is very much about working 80 hours per week for yourself so you don't have to work 40hrs per week for someone else.