Awesome! I bet you’ll be feeling back on track in no time!
Awesome! I bet you’ll be feeling back on track in no time!
Read: “Buy Then Build” - Walker Deibel
This helped me a ton in buying my first business. There a bunch of great Acquisition Entrepreneurship podcasts that give some great guidance as well. “Quiet Light Podcast”, “Let’s Buy a Business Podcast” to name a couple.
Note: These are all US based resources, but a lot of the info translates pretty well to the UK.
Specialize. When you are first starting out. Choose 1 thing you can be amazing at. So instead of offering Websites, PPC, SEO, Email etc, choose 1 and be the best in your neighborhood at it.
Next, get your first client, this is by far the hardest part, so do whatever it takes to get your first 1-2 clients. Then try your best to blow them away with your work. Give them more than they paid for, go above and beyond. Get reviews and testimonials, and don’t stop reaching out to other prospective clients.
You got this!
Go with Shopify, you’ll have zero regrets.
It will be nice to have your skills, and I’m sure you’ll be able to customize your site a ton to get it exactly the way you want. I’ve built multiple 6, 7 and 8 figure ecommerce stores and every single one ended up eventually being switched over to Shopify. The fees and everything that go into it are well worth the ability the platform gives you to scale.
The less time you have to worry about your site the more time you have to focus on your product, customers and marketing, and those things at the end of the day will determine whether or not you’re shop will be successful.
Best of luck!
Maybe it’s a time and season sort of thing. Maybe this isn’t the best time in your life to be doing your own thing. Having a little structure from a regular job might be a good way to ensure you keep a roof over your head (or bills paid etc.). And then you never know maybe in a year or 2 you’ll feel a little more motivated and ready to strike out on your own again.
If you go the job route, I’d recommend getting a job in film/media to keep raising your XP, you can also keep your own biz and still do side work so that you are still building your personal portfolio and brand, so when/if you decide to go back to FT entrepreneur, you’re business isn’t too stagnant.
It can be really hard to stay motivated, especially when you don’t have many external motivators. I’ve struggled with it too. I might suggest the Pomodoro method, a weirdly named method where you basically set a 25 min timer, where you cannot do anything except the task in front of you, if you slip up and start looking at your phone or read an email, you start over. You’re goal is 25 minutes of uninterrupted work, when the timer goes off. You set a 5-10 min timer for a break, play a video game, surf your phone, grab a snack, when the break timer goes off, start another 25 min work timer and repeat.
You’ll be shocked how much you can accomplish in 1 “pomodoro”, string a few together through out the day and you’ll have some really productive days. The concept seems to work for me bc I can’t stay motivated all day, but if I force myself, I can focus for 25 minutes.
Either way, best of luck!
Depending on how competitive your market is, I’d recommend turning on a very simple search engine ad. It can be very basic, just summing up your best offer and a quick link to call. If your offer is good you’ll get some easy lazy clicks/calls in your area. As was mentioned I too would spend the bulk of my time contacting property managers (specifically multi-property managers) with a couple good connections you could double your jobs.
Bonus: Get a review at every job (I’d even recommend doing more residential, specifically to farm reviews) After you’ve done an awesome job tell them your story and how you’re trying to get your business back up and that it would really help you out if they could leave a review. You can even say you’ll throw in a room for free if they’ll give you an honest review while you’re packing up to leave (before you give them your bill).
Best of luck!
4 important things to figure out first:
Once you have these answered, you’ll get much better feedback and ideas.
“Built to Last” and “Good to Great” both by Jim Collins. These are both amazing data driven guides on how to create a business that can endure all the ups and downs that you’ll encounter throughout your journey.
Best of luck!
Read: “Buy Then Build” - Walker Deibel
Tons of tactical info on buying your first business, including all the different financing avenues.
A good partnership agreement protects you and your partners. They probably have things that they aren’t happy with either. I’d make it a priority, everyone lay out what is most important to them and make sure it all get’s in the contract.
There are some very specific, common things that can happen to a partnership that can cause some big legal headaches, I had a lawyer once call them the four D’s: death, disability, divorce, and disinterest.
Laying out what you will do if a partner experiences any of those things can help a lot!
good luck!