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- Nov 26, 2014
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Hey Everybody,
Its time to make this happen, so here is my accountability thread.
My background story, I’m a 25 year old male living in Western Australia, married but no kids yet. I completed an electrical and instrumentation apprenticeship on the mines and climbed the ladder pretty quickly. My job pays extremely well and my employees have always been great to me. They recently paid for me to complete an MBA and more business, finance and leadership courses than I can poke a stick at. But I know its time to jump ship. I’ve always had the inner drive to go out and do my own thing, entrepreneurship and business are my passion and its time I started living it. I know there is more to life than working 9-5, I'm driven to make this life better for myself and my family!
So the plan is:
I am currently starting up an electrical and instrumentation services business, while at the beginning it is trading time for money (which is not something I wish to continue doing) the plan is to scale, expand and systemize quickly. The end goal is after 10 years to exit the business for a minimum of 4 million and retire at 35.
In addition to the services business I plan on setting up a few complementary import businesses and distributing online and through the services business:
Robotics
Electronics
Electrical and instrumentation test equipment
Currently, I am working on myself, reading more books on business, sales, leadership, personal development and psychology than every before. Getting my head in the right space. As for the businesses all the paperwork is completed on the services business just waiting for final approvals and sign offs. Hopefully will be up and running next week, will continue to work my day job until the business is earning enough to pay the mortgage. Now I have to start hustling, marketing, cold calling and building relationships with clients.
Researching the side businesses for feasibility and learning what’s involved with the importing, will be trying to tap into the wealth of knowledge on this forum for help in this area.
I have a favor to ask all of you, in my life I am not surrounded by entrepreneurs and risk takers. I’m surrounded by sidewalkers and slowlaners, so I would like for this forum to help hold me accountable and give me a kick up the arse if I am not taking enough action.
Looking forward to connecting with you all!
Its time to make this happen, so here is my accountability thread.
My background story, I’m a 25 year old male living in Western Australia, married but no kids yet. I completed an electrical and instrumentation apprenticeship on the mines and climbed the ladder pretty quickly. My job pays extremely well and my employees have always been great to me. They recently paid for me to complete an MBA and more business, finance and leadership courses than I can poke a stick at. But I know its time to jump ship. I’ve always had the inner drive to go out and do my own thing, entrepreneurship and business are my passion and its time I started living it. I know there is more to life than working 9-5, I'm driven to make this life better for myself and my family!
So the plan is:
I am currently starting up an electrical and instrumentation services business, while at the beginning it is trading time for money (which is not something I wish to continue doing) the plan is to scale, expand and systemize quickly. The end goal is after 10 years to exit the business for a minimum of 4 million and retire at 35.
In addition to the services business I plan on setting up a few complementary import businesses and distributing online and through the services business:
Robotics
Electronics
Electrical and instrumentation test equipment
Currently, I am working on myself, reading more books on business, sales, leadership, personal development and psychology than every before. Getting my head in the right space. As for the businesses all the paperwork is completed on the services business just waiting for final approvals and sign offs. Hopefully will be up and running next week, will continue to work my day job until the business is earning enough to pay the mortgage. Now I have to start hustling, marketing, cold calling and building relationships with clients.
Researching the side businesses for feasibility and learning what’s involved with the importing, will be trying to tap into the wealth of knowledge on this forum for help in this area.
I have a favor to ask all of you, in my life I am not surrounded by entrepreneurs and risk takers. I’m surrounded by sidewalkers and slowlaners, so I would like for this forum to help hold me accountable and give me a kick up the arse if I am not taking enough action.
Looking forward to connecting with you all!
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