Similar to this: Learned trade as an employee. Started biz w/some contacts from

Nov 26, 2024
2:56:17pm

Benfica1 All-American

my former employer (and personal contact). Took a little time to build up the business. Currently in business for 23 years.

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Benfica1

Bio page: Benfica1
Joined: Feb 25, 2018
Last login: Nov 26, 2024
Total posts: 27,327 (5 FO)

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Messages

Author

Time

Hey small business owners, how'd you get your start. I'm interested ...

KCFan85

2:37pm

I bought an existing business, I’m a big believer in entrepreneurship through

ray ray

2:44pm

Interesting. Would be fun to hear a little about how you did that.

KCFan85

2:48pm

Learned my trade as a salaried employee and then due to a layoff went out on my own using existing contacts in the field

airwolf

2:46pm

Leveraging your skill set or working with products?

KCFan85

2:49pm

Working with existing clients with similar offerings.

airwolf

3:42pm

Benfica1

2:56pm

That's awesome. Were those first years ...

KCFan85

2:58pm

Yes. The first year I made about 1/2 of what I made the year before. That said,

Benfica1

3:07pm

Have a spouse with a stable job/income. It allowed us to take risks and not take

diluigifan

2:49pm

Part-time? Or all in from day one?

KCFan85

2:50pm

I was working and my wife started her business after our kids got into school.

diluigifan

3:01pm

Be prepared for everything to be 10x as hard as you planned and 10x as costly as

Team Chaos

2:57pm

Also be sure that you are investing in the business where it makes sense. One of my businesses I did both radio and TV

airwolf

3:45pm

My friend liquidated his retirement funds. I know that's not ideal, but he was

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