Okay - If You Started Today, What Would You Do?

[PornoDoggy]

Originally Posted by Almighty Colin

I think how you do it matters more than what you do.

Okay, professor , how would you do it?

[Almighty Colin]

Originally Posted by PornoDoggy

Okay, professor , how would you do it?

I'd figure out what I can do now to start generating revenue and also think of where I wanted to end up. Hopefully they are related but this is not always possible on a shoestring.

I'd cut my personal expenses to a minimum and pay myself the smallest paycheck possible, constantly work on the P&L by cutting expenses as is reasonable, pay a programmer to automate anything that can be automated if it makes fiscal sense and build up enough of a profit to hire good people to handle each aspect of the operation I had in mind as my final goal.

It might be wise to establish some lines of credit which should be used as judiciously as possible - if at all.

In most successful ventures there are so many decisions that have to be made on the fly it is difficult to generalize but sound business principles are sound business principles.