Just found this sub-forum! Pretty cool way to stay accountable with myself and you guys too.
Let's see...let's start with where I am.
1 rental property pumping out $150 in cash flow every month. Tutoring company making nothing since it was just opened for business a few days ago...but as of a week ago, we are fully operational (website, tutors, etc.). Also, doing some freelance website design for about $500 per site (not including any expenses, domain purchases, etc.).
Now...for the progress.
Real Estate:
Signed the tenant of the rental property for another year. That is good but too slow for me. I don't plan on selling the property as long as it is doing so well, but I decided to back seat my real estate ventures for something a bit easier on the wallet. For now, it's paying for itself many times over so I'll let that keep cruising.
Academy of Creative Education:
Now time to get clients! My partner deals with the tutors and I deal with the business side of things.
-First off has been a marketing campaign with a goal of no money at all put into it. I am working out a deal right now with Groupon to be featured around January, 2011. A while away, but by then we will have enough tutors to support a lot of new customers.
-Currently developing a flyer/one-pager to hand out to prospects and also around the town to businesses/place where people gather.
-We currently have 3 tutors waiting in the wing. All trained up, checked on and qualified.
-We currently have one family running as a "focus group" sort of exercise. After three lessons with their son, his grades have improved drastically and they want to start paying for him and their daughter also.
-Working on a press release, also. Not sure how it works but I have talked to a friend who does these all the time and knows the right people to contact.
Website design:
-This is slowlane, I admit, but I am taking the opportunity to learn how to actually build websites and get people to pay me for training myself, haha. I am building one for a friend of a friend. From there, I'll decide if its worth my time.
I LOVE TOUGH LOVE!!
Let's see...let's start with where I am.
1 rental property pumping out $150 in cash flow every month. Tutoring company making nothing since it was just opened for business a few days ago...but as of a week ago, we are fully operational (website, tutors, etc.). Also, doing some freelance website design for about $500 per site (not including any expenses, domain purchases, etc.).
Now...for the progress.
Real Estate:
Signed the tenant of the rental property for another year. That is good but too slow for me. I don't plan on selling the property as long as it is doing so well, but I decided to back seat my real estate ventures for something a bit easier on the wallet. For now, it's paying for itself many times over so I'll let that keep cruising.
Academy of Creative Education:
Now time to get clients! My partner deals with the tutors and I deal with the business side of things.
-First off has been a marketing campaign with a goal of no money at all put into it. I am working out a deal right now with Groupon to be featured around January, 2011. A while away, but by then we will have enough tutors to support a lot of new customers.
-Currently developing a flyer/one-pager to hand out to prospects and also around the town to businesses/place where people gather.
-We currently have 3 tutors waiting in the wing. All trained up, checked on and qualified.
-We currently have one family running as a "focus group" sort of exercise. After three lessons with their son, his grades have improved drastically and they want to start paying for him and their daughter also.
-Working on a press release, also. Not sure how it works but I have talked to a friend who does these all the time and knows the right people to contact.
Website design:
-This is slowlane, I admit, but I am taking the opportunity to learn how to actually build websites and get people to pay me for training myself, haha. I am building one for a friend of a friend. From there, I'll decide if its worth my time.
I LOVE TOUGH LOVE!!
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