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Progress Thread Starting a Business and Going to College at the same time

Discussion in 'Progress/Execution Threads' started by BusinessBen, Aug 12, 2017 at 6:07 AM.

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  1. BusinessBen
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    BusinessBen Bronze Contributor Read The Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    I've decided to start a new progress thread. The purpose of this thread will be to help keep me motivated while I am in college and running a business at the same time. I will document my progress, and hopefully others can learn from it and possibly do the same as me. If you are considering starting a business in college then I encourage you to read on, as I will be doing both. I will be posting things I learn along the way and I will try to keep this thread updated as best as I can. Once again, I would like to say thank you to the forum members who continuously share amazing information and their experiences. I will try my best to do the same.
     
    Last edited: Aug 12, 2017 at 6:24 AM
  2. BusinessBen
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    BusinessBen Bronze Contributor Read The Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    First post:

    So, I just accepted my offer to college. The college I will be going to is 33 hours away. I am excited but a bit nervous at the same time. The program starts September 5th. I am not yet in school so to start this thread off right I will be posting about my business' current progress.

    Anyway, I am currently waiting for a new and improved sample. The first samples I received were not satisfactory in quality so I asked them to change certain things about the product and am now getting a redesigned sample. The sample will be free this time. After I receive my sample, I will place a bulk order for 100-300 units depending on what they will allow. Their MOQ is 300. Once I receive the bulk order, I will ship out around 10-20 products to my sponsors who contacted me through email. I did not go looking for sponsors, they came to me. I will ask them to leave a review of the product and also ask if they can take pictures of the product. They said they will advertise my brand for free, so that is a bonus.

    When I have about 20 reviews, I will run a promo/giveaway to my email list to boost my sales rank on Amazon. I am launching on Amazon and will establish my own website soon after that. After I boost the sales rank I will turn on PPC. I am using Facebook, Instagram, Twitter, and Amazon to promote my business.

    I have received 4 pre-orders so far so the demand for my product is there. I will post another update once I receive my sample.
     
    Last edited: Aug 12, 2017 at 8:19 AM
    ColbyG likes this.
  3. BusinessBen
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    BusinessBen Bronze Contributor Read The Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Registered for residence, and sent in my 500$ deposit for college.

    Also, went to a free business consultation and received the tracking number for my new sample.