Wednesday, January 22, 2014

What I have put into my business so far.

Starting a business doesn't take a lot of money if you do it right but it will take a lot of your time. There are 5 steps I went through to start this business. Each step cost a little more money then the next.


Step 1 (one) was to validate the idea. The idea question was; Will a longboard with a handle be particle? $40 in put down on a deck the $100 on wheels and trucks. After 2 months of riding I was confident it was a valid concept.

Step 2 (two) will it sale? $105 went into buying glue, paint, trucks, and wheels for the cardboard mock up. People loved the design and started fallow my progress.

Step 3 (three) find a manufacture. People will not invest time or money endless you have a plan and passion. The plan must be soled and in my case it wasn't soled till I found a manufacture.

Step 4 (four) testing again. $130 was payed to make the first board. We tested it then fixed the design then payed $357 For the next 5 decks.

Step 5 (five) Pre sale and set up marketing. By this point I had already sold all 5 boards before the end of the first week. Witch was good because that payed for trucks and wheels for the boards later. This was the time I payed for the license for the company. It wasn't a company till we got to this point.

 All this took place in 3 months. In total I had put in $732 and if you add the business license it was $1,012. This was only the beginning.

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