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I’m taking the leap.. seeking advice

 
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deboard3699

posts: 5

Aug 30, 2007 4:09 PM ET    Quote  Report Abuse
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I am new to this community and I am a chronic entrepreneur at heart with a book full of ideas. I keep telling myself I will wait for the right moment in my life. Well I turn thirty in six months and I don`t really thing there will ever be a "right moment". I have flexibility, no children, and a supportive family and husband. What am I waiting for?

I will start with the idea I think would be the lowest overhead and easiet to get started. I am from a small town and have identified a need for a concierge service. Catering2Convenience with a list of menu items. I have`nt decided if this would a be a membership based model or a service oriented business for: cleaning, pet sitting, catering (a passion of mine), errands, personal assistant, etc.

Do you think this is viable? I`m just at the beginning stages.. but passionate about what I do and I love helping others.

Any advice would be great!!

deboard36992007-8-30 16:32:29
ustar

posts: 32

Aug 30, 2007 5:30 PM ET    Quote  Report Abuse
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Of course That`s doable. The biggest spending will probabaly be marketing. Find one that suits your environment. I can see this become a good business.
nhgnikole

posts: 2660

Aug 30, 2007 10:03 PM ET    Quote  Report Abuse
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My one pet peeve is that I can`t handle numbers in a name. It`s not an age thing either - I`ll be 30 about 4 months after you!

Other than being a snob of the English language ... I think it`s a great idea, something that is really growing in popularity. There are some other people on SuN who offer similar services, like this nice guy for example. Perhaps you should have a conversation - you guys can share what works and doesn`t in your own areas, maybe spark some ideas in each other.

Other than that, get that business plan going and START IT UP!

Good luck!
deboard3699

posts: 5

Aug 31, 2007 9:32 AM ET    Quote  Report Abuse
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Thank you so much for the advice and encouragement! I really appreciate the connection to the Charlotte business. I can`t find any around here so I think I might be on to something!

Thanks again!

deboard3699

posts: 5

Aug 31, 2007 1:23 PM ET    Quote  Report Abuse
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Since I have the flexibility is it advisable to start this up part-time? I can find relatively cheap office space in the area, but is that bad and jump starting too soon?

I don`t think I am as exposed to someone taking the name if I do a sole prop. vs. an LLC option....

My brain is going ninety miles an hour and I`m afraid I`m getting ahead of myself.

ToddF

posts: 261

Aug 31, 2007 1:28 PM ET    Quote  Report Abuse
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I`m with NHG on this, get that plan going and start it up. Your welcome to sit on the sidelines if you want but at some point, don`t you want to actually play the game! Thats where all the fun is! It`s NOT going to be easy, but from your post you have support from the family. Don`t wait because you`ll really kick yourself when some competitor comes in and starts offering what you thought of.
ToddF2007-8-31 13:29:20


-------------------------

He who gets greedy like a pig, gets slaughtered like a hog!
MNGrillGuy

posts: 236

Aug 31, 2007 3:13 PM ET    Quote  Report Abuse
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I`d want to make sure the small town has enough wealthy people who could afford something like this.  I`m from a small town (<1000) and very few people had money to spend in this way.  I`d say you`d want a maket at least  >50,000 people. 

-------------------------

Travis Tschepen
Hibachi Bros. LLC

--My goal in life is to be as good of a person my dog already thinks I am.--
RetiredMember

posts: 56

Aug 31, 2007 3:21 PM ET    Quote  Report Abuse
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I agree with the Grill Guy from MN..


FIRST... assess the full market potential... if sufficient, then `go like the dickens` to make it happen.


If not, return to GO and collect a new idea.


Repeat until the pain subsides.


OldNikko2007-9-3 0:18:51
deboard3699

posts: 5

Aug 31, 2007 3:53 PM ET    Quote  Report Abuse
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Thanks again for the suggestions and thoughts

To answer the question regarding market.. market is >50,000 people and I am specifically looking at partnering with a resort property nearby that is very popular. In recent years the town has several commuters since it is a satelite town (within 45-50 minutes) to a major metropolitan area. This is what drove me to choose this idea over the others, which would require more startup $$.

I still have a ton of research to complete - this is the most helpful place I have found for information.

Any ideas on how long it takes from inception to launch?

deboard3699

posts: 5

Aug 31, 2007 3:57 PM ET    Quote  Report Abuse
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Should have added another question.. Is it bad to start networking with these businesses before there is a business in place??
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