Background- 12 odd years in construction (all phases) and 12 in the service/sales field. Always had "the bug" to start my own business. Had a home improvement and landscaping service for a while. Worked as a subcontractor doing finish carpentry for a while as well. Not "employee" material by any means. Always been a workaholic and never satisfied with the limits as an employee. I've always needed control that never seemed to gratify my inner self. Then it hit me last year when a friend who owns a salon contacted me about building a piece of furniture. I lackadaisically threw together a massive corner desk without much thought and put my tools away. Then the first calls started coming in about more pieces people wanted built. For the first 6 months it was a piece per month. Then it became one a week.
Out of providence or whatever you might call it I received a call from a woman whose father was a master furniture builder. He died 5 years ago and the family decided to liquidate his shop tools. So now I have a basement full of tools, customers nationwide and a crappy facebook page. Business has reached a point that I make more from it than my public sector job working for the state of Massachusetts. I'm turning work down because of time and travel. Not a bad place to be in. And not fastlane....yet.
At the end of June we are relocating to Lake Havasu City , Az. I have developed a decent pocket of high end clientele in Las Vegas and plan to fully exploit that situation. We will be looking for a retail space and a manufacturing space as well. Here is where it gets fastlane. In 8 years time I plan on retiring . My 40th birthday. By then this business will be tied in with every major furniture store, distributor and online order site with full lines of furniture across the board. I have no intention of outsourcing overseas as being made in America still stands for something and hopefully will mean more in the future.
It went from a $500 a month business to a $5000 a month business in 14 months with only about a $3000 investment in tools. I believe I can scale that to at least $500,000 a year within 5 years. if not faster. So I'll try to keep this updated as I go. It should be an interesting ride.
Out of providence or whatever you might call it I received a call from a woman whose father was a master furniture builder. He died 5 years ago and the family decided to liquidate his shop tools. So now I have a basement full of tools, customers nationwide and a crappy facebook page. Business has reached a point that I make more from it than my public sector job working for the state of Massachusetts. I'm turning work down because of time and travel. Not a bad place to be in. And not fastlane....yet.
At the end of June we are relocating to Lake Havasu City , Az. I have developed a decent pocket of high end clientele in Las Vegas and plan to fully exploit that situation. We will be looking for a retail space and a manufacturing space as well. Here is where it gets fastlane. In 8 years time I plan on retiring . My 40th birthday. By then this business will be tied in with every major furniture store, distributor and online order site with full lines of furniture across the board. I have no intention of outsourcing overseas as being made in America still stands for something and hopefully will mean more in the future.
It went from a $500 a month business to a $5000 a month business in 14 months with only about a $3000 investment in tools. I believe I can scale that to at least $500,000 a year within 5 years. if not faster. So I'll try to keep this updated as I go. It should be an interesting ride.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
