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New Creating my own perfect company and my own perfect job
Ok I admit my IT skills are rusty and I am no longer qualified to do things I used to do. The only IT skills I have been practicing on are tech support and troubleshooting skills for Windows machines for the past few years that I have bee n out of work, plus some VB and ASP debugging for friends and their relatives that are going to college and taking IT courses.

The Plan:

Finish college and earn that BA in business management first, so I know what I am doing.

Phase 1:
Make consumer items and sell them at flea markets and fairs. I am researching DIY web pages on how to make:
Jewlery, Candles, Soap, and Clay items (I used to be great at ceramics, and I found that some clay can be baked in an oven! Useful to make jewlery beads, candle holders, and other stuff.)
Also sell Popcorn and/or Kettle Corn at these places. (My popcorn dream, in a way.)
Sell deli sandwhiches and cans of soda kept fresh in a cooler.
Out of my home, offer tech support and troubleshooting services for home and small business clients.
Earn enough to get at least $20,000USD to open up a small store front, estimate $2000USD for rent and ultities a month. $2400USD for the salary of two employees at $6USD/hr. $4400USD a month, enough for 4 months of no-profit. Hope we get a profit to keep the store open. Employees will get a profit sharing plan, so if they help earn a profit, they get to keep a small part of it. Which should make up for the low salary and pay them based on their success. Maybe I should earn $5000USD to $10000USD more for marketing and advertising? Ok $30000USD needs to be earned. $20KUSD for the store, and $10KUSD for marketing and advertising.

If we get a profit, move on to phase 2:
Hire some more employees, have longer hours, and offer more things for sale. Have a Deli-Fast Food place and have $1USD and $0.50USD item menus with smaller protions that many food places are moving towards as a trend. Food and Consumer items and some computer tech support options and a web site to sell the non-perisable consumer items from.

If we earn $100,000USD move on to phase 3:
Computer workshop, tech support, troubleshooting, hardware and software sales, buy a new store that can house the computer workshop. Yes feed the beast, support Windows, but also sell Linux products and services.

If we earn $1MUSD, move on to phase 4:
Start up a computer software development business and IT consulting company. Develop Windows and Linux software for niche markets, if we make enough from those markets try to cover others like Mac OSX, OS/2, etc. Offer both open source and commercial software.

When business is slow I can have one of the people that I helped debug VB and ASP programs with help me develop some programs that the business will use in VB and ASP. Then when we can afford it, purchase Real BASIC to convert the VB apps to Linux and Mac OSX and then convert ASP to PHP. Work with what we know how to use and learn the others to convert to later. Convert SQL Server databases to MySQL, Postgres, Firebird, Oracle, and Sybase, make code that can work with all these databases and have built in SQL statements to create the databases for the client if they do not know how to do it. Convert Access databases to MySQL and use OpenOffice.org's data features to make Access like programs for Linux, etc. Once we hire other programmers we can figure out what language to use to develop on multi-platforms. Be it C++, Java, Perl, Python, SmallTalk, whatever, I will gather the requirements and provide the vision as the developers write the code.



"Lady I only speak two languages, English and Bad English!" - Corbin Dallas "The Fifth Element"

New Drop the food idea
That's a regulatory minefield you don't want to be in unless it's your main line of business.


Peter
[link|http://www.debian.org|Shill For Hire]
[link|http://www.kuro5hin.org|There is no K5 Cabal]
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New I have a business partner
that used to manage and run Restaurants and Delis. He knows how to use inventory, check for bad food, meet health department standards, etc. He is going for his Microsoft Certification, but he is also a Master Chef with a degree in his field. The food part is his idea. More profitable than making trinkets and selling beads and candles and soap.

Last business I had with him we did pretty good until he had a heart attack and our clients were not paying us. His health has improved and like me he lost a lot of weight. It will be more than a two person operation this time.



"Lady I only speak two languages, English and Bad English!" - Corbin Dallas "The Fifth Element"

New Re: Creating my own perfect company and my own perfect job
Make consumer items and sell them at flea markets and fairs. I am researching DIY web pages on how to make:
Jewlery, Candles, Soap, and Clay items (I used to be great at ceramics, and I found that some clay can be baked in an oven! Useful to make jewlery beads, candle holders, and other stuff.)

It's actually hard to make any significant money doing that, but it's a good way to make some side/starting money if you enjoy doing it. I wouldn't try to mix food with anything else, health regulations are can be very complex.

Out of my home, offer tech support and troubleshooting services for home and small business clients.
Earn enough to get at least $20,000USD to open up a small store front, estimate $2000USD for rent and ultities a month. $2400USD for the salary of two employees at $6USD/hr. $4400USD a month, enough for 4 months of no-profit. Hope we get a profit to keep the store open.

Not a bad idea, but you really have to plan on making no money for a longer period of time. I've read books on opening your own buisness, and they say to plan on 2 years before making a profit.

Also, you need to plan on more then $24,000 if you want two employees. I would say that if you plan to pay them $6/hr then you should plan your expenses for having them at $9/hr. Remember you have to pay salary taxes on top of what you pay them.

If you really want to head that way, hit a book store and buy some books on opening a buisness. My personal recomendation would be to get your out of the house buisness going and see how much of client base you can build.

Jay
New Test the waters
Put ads in the local classifieds that you will do home repair. Have a price list available (suggest the same price as best buy to start..going to the home is the premium.

See what interest it generates.

Why would you want to earn a million then blow it trying to develop software?

Pich a sure thing at that point. Trying to improve on a million in the bank is more risk than reward. While many are willing to take that chance, based upon your input here I would guess you to be slightly more averse to that risk than say...Paul Allen.
If you push something hard enough, it will fall over. Fudd's First Law of Opposition

[link|mailto:bepatient@aol.com|BePatient]
New Not what I had in mind...

Put ads in the local classifieds that you will do home repair. Have a price list available (suggest the same price as best buy to start..going to the home is the premium.

See what interest it generates.


I do not want to butt heads with the various Unions out there. When I said DIY I was talking about DIY crafts, not DIY house repair.


Why would you want to earn a million then blow it trying to develop software?

Pich a sure thing at that point. Trying to improve on a million in the bank is more risk than reward. While many are willing to take that chance, based upon your input here I would guess you to be slightly more averse to that risk than say...Paul Allen.


It is my dream, my vision, to develop software. I have all these ideas in my head that need to come out and become software products. I only lack the resources I need to complete my dream/vision. Time, people, and money.

The idea is to do well enough to get an Angel/Investor like Allen to invest in the company so we can expand.

What is business without the risk anyway? To get strikes, you got to risk balls. Rather than invest it in the stock market, I'd rather invest it in my own company and see what happens.



"Lady I only speak two languages, English and Bad English!" - Corbin Dallas "The Fifth Element"

New Rebuttle, perfect job

It's actually hard to make any significant money doing that, but it's a good way to make some side/starting money if you enjoy doing it. I wouldn't try to mix food with anything else, health regulations are can be very complex.


I had the idea of making ceramic figures and then using them for a mold to make pewter figures. Like for role playing games. Make figures for AD&D, Battlemech, Traveller, Civil War, etc. I could also make chess sets and charge more for a complete set. Maybe sell them at a booth at a gaming convention?


Not a bad idea, but you really have to plan on making no money for a longer period of time. I've read books on opening your own buisness, and they say to plan on 2 years before making a profit.

Also, you need to plan on more then $24,000 if you want two employees. I would say that if you plan to pay them $6/hr then you should plan your expenses for having them at $9/hr. Remember you have to pay salary taxes on top of what you pay them.

If you really want to head that way, hit a book store and buy some books on opening a buisness. My personal recomendation would be to get your out of the house buisness going and see how much of client base you can build.


Ok I did not get to the part about finaces for the business and what to use to support employees. Right now we are getting into research and statistics. Which is why I said I wanted to wait until I graduate. :) This is a rough draft of a plan, not set in stone, it can be changed.

The idea was to start it out of my house and have others work out of their house and make the things we need. Then rent a table at a craft fair, flea market, or gaming convetion to sell them at. Maybe start up an E-Business web site to sell the stuff from. After making our goal of start-up money, we can open up a store.



"Lady I only speak two languages, English and Bad English!" - Corbin Dallas "The Fifth Element"

New Re: Rebuttle, perfect job
I had the idea of making ceramic figures and then using them for a mold to make pewter figures. Like for role playing games. Make figures for AD&D, Battlemech, Traveller, Civil War, etc. I could also make chess sets and charge more for a complete set. Maybe sell them at a booth at a gaming convention?

Interesting idea. I've seen and talked with a couple of people that do that in crafts shows. From what I have heard, making a mold that will produce high quality figures is hard. But if you can do that it's a fairly easy craft to make money at because you can mass produce the figures.

Jay
New Let me suggest...
Finish college and earn that BA in business management first, so I know what I am doing.


Let me suggest that you refine that statement to read: Finish college and earn that BA in business management first, so I know what not to do and how not to do it!.
jb4
shrub\ufffdbish (Am., from shrub + rubbish, after the derisive name for America's 43 president; 2003) n. 1. a form of nonsensical political doubletalk wherein the speaker attempts to defend the indefensible by lying, obfuscation, or otherwise misstating the facts; GIBBERISH. 2. any of a collection of utterances from America's putative 43rd president. cf. BULLSHIT

New Learning from the mistakes of others

Let me suggest that you refine that statement to read: Finish college and earn that BA in business management first, so I know what not to do and how not to do it!.


I already know something about that, I failed two businesses already and learned what not to do. I also learned from the mistakes that many of the Dotcoms and other companies have made. I also learned from the mistakes that many of my managers made. I also learned from some of the big guys what not to do like Enron, MCI/Worldcom, AOL/Time Warner, Apple, and yes even Microsoft. The company I will manage will not make the same mistakes they made, or even be managed the same way they are. It will be managed the new way, servant leadership and organizational management, we will not even use classical management, as that is so 20th/19th/18th century and we are moving into the 21st century and beyond.



"Lady I only speak two languages, English and Bad English!" - Corbin Dallas "The Fifth Element"

New first rule of running a business successfully
find a local small successful business, copy it, hire smart key people and show them loyalty in good times and bad. Rinse Lather repeat. That advice comes from a guy who started with 47 cents, a young family and a hard work ethic. He owns Hickel Investment Company gross multimillions per year.
thanx,
bill
"You're just like me streak. You never left the free-fire zone.You think aspirins and meetings and cold showers are going to clean out your head. What you want is God's permission to paint the trees with the bad guys. That wont happen big mon." Clete
questions, help? [link|mailto:pappas@catholic.org|email pappas at catholic.org]
New Good advice
but hiring away key employees from a competitor is a bit unethical. I'd rather interview people and see if they have the right stuff. Train them about management and technology. Good, key, employees are not born, they are made. Employees are ur organization's most valuable resource and as stakeholders they will be treated right in the servant leadership and organizational management style. They will be paid by their success, which will motivate them to do well.

I do have a role model for a business, one that one of my intructors has. He applied servant leadership and organizational management and is doing quite well. Everyone in our class wanted to work for his oranization, except me, I wanted to do the same things his company was doing.



"Lady I only speak two languages, English and Bad English!" - Corbin Dallas "The Fifth Element"

New I didnt mean steal the employees I meant copy the model :-)
"You're just like me streak. You never left the free-fire zone.You think aspirins and meetings and cold showers are going to clean out your head. What you want is God's permission to paint the trees with the bad guys. That wont happen big mon." Clete
questions, help? [link|mailto:pappas@catholic.org|email pappas at catholic.org]
New Already done copying the model
I even have his contact info and he said he could help me get started.



"Lady I only speak two languages, English and Bad English!" - Corbin Dallas "The Fifth Element"

New Maybe you should buy a franchise
franchises have something like an 80% success rate while new businesses have about a 90% failure rate.

You might look into it (I am).



Democracies are not well-run nor long-preserved with secrecy and lies.

     --Walter Cronkite
New looked at music go round?
I have some info if you're interested.
-----
Steve
     Creating my own perfect company and my own perfect job - (orion) - (15)
         Drop the food idea - (pwhysall) - (1)
             I have a business partner - (orion)
         Re: Creating my own perfect company and my own perfect job - (JayMehaffey) - (4)
             Test the waters - (bepatient) - (1)
                 Not what I had in mind... - (orion)
             Rebuttle, perfect job - (orion) - (1)
                 Re: Rebuttle, perfect job - (JayMehaffey)
         Let me suggest... - (jb4) - (1)
             Learning from the mistakes of others - (orion)
         first rule of running a business successfully - (boxley) - (3)
             Good advice - (orion) - (2)
                 I didnt mean steal the employees I meant copy the model :-) -NT - (boxley) - (1)
                     Already done copying the model - (orion)
         Maybe you should buy a franchise - (tuberculosis) - (1)
             looked at music go round? - (Steve Lowe)

They believe our game is food?
101 ms