I have been thinking hard last night and have come up with the idea of doing what I do best. It is something related to what I am doing right now.
I managed to discuss about my goal with a few friends and they’re willing to invest in the business project that I am going to start.
If everything goes according to plan, I will have about $3.2k to start my new venture. I will spend about $500 to get a professionally designed website, $500 on backlinks & marketing, $500 to get some office equipment and the remaining is going to be kept for any other expenses that I might need to spend on later.
I will probably use the remaining money to do a different project, that way I will not have to rely on just one source of income to achieve my goal of making clean $6k profit. We’ll deduct the cost of setting up things, manpower etc of course.
I am also planning to get a government grant. So, I’ll prepare these too:
- Business plan.
- Marketing plan.
- Market feasibility studies.
- Rental of business premise and related equipments up to 24 months.
- Purchase of machinery or office equipment.
- One year broadband subscription fee
I still didn’t get the money yet. Let’s see what happen tonight. Wish me luck 🙂