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    Starting my own business

    After bouncing around jobs for a while I've decided that I'm tired of working for morons all the time. My last job I worked for geek squad, the bureaucracy of best buy is so damn thick you could cut it with a knife (only after getting the proper paperwork and authorization from various managers).

    After quitting that a while ago I went back to my usual bumming around making money on my own doing various things, parting cars, fixing peoples computers, buying and selling random stuff, etc just to get by. It's nice working for yourself, but the constant paycheck regardless of what is going on that you would get at a "real" job is also nice.

    Around that time my buddy was repairing iPhones for people he knew, which slowly turned into fixing them for random stangers (now customers) from word of mouth. I started to help him out, and together we have been running a small business out of his basement. Between the customers we have now, and just buying and selling iphones, I have made more money out of his basement then I ever did with a 9-5 paycheck and I do maybe 1/10th of the work I would for a real paycheck.

    Previous to this, and right after I quit best buy, my dad mentioned that he had a building I could have to open a computer repair shop. Initially I didn't think much of it, and wasn't very enthused to do it, it would just be one more shitty local repair shop and I didn't see huge dollar signs. But now that I have been making so much money with phones I decided to take the building over. He made me an offer on using the building that I pretty much can't refuse. I would be hard pressed to find a deal like that if I went out to find a place to open a shop.

    The building is actually part of his restaurant corporation and have been passed around my dads business for various things for years. About 3 years ago my mom had it for her shop, and did a lot of "cleaning up" to make the building more presentable. She moved out to a bigger location about a year ago and it's been storage since.

    So the past few months myself and my now business partner have been coming up with a business plan, getting all the legal stuff done, and trying to physically get things rolling on the building. It took a while to clean it out since it was a dumping ground for all the restaurants. The thing was packed to the brim hoarders style with ovens, construction equipment, and various restaurant stuff. We finally got it cleared out about a week ago.

    Here goes construction and clean up



















    The paint is actually a lot lighter than it looks, it was still wet and it was about 11pm when I took the last pics.

    The building is also in an awesome location, it is literally 1 block away from being in the dead center of down town Rochester.
    Rollin' with a Geistkuchen

    #2
    Congrats! Best of luck! There is nothing like being your own boss :)
    Toyota Pickup

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      #3
      Originally posted by MikeK View Post
      Congrats! Best of luck! There is nothing like being your own boss :)
      1+ I love waking up and knowing what I have to do and when I feel like it.

      Best of luck!
      ~ Puch Cafe. ~ Do business? feedback ~ Check out my leather company ~

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        #4
        Great location man, Good luck to you.

        Ive been toying around with the idea of self employment. Being a welder/mechanic provides enough bullshit jobs to sink a ship. Ready to nail down what i want to do with my life(23) and be finished with the BS jobs too.
        sigpic

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          #5
          Good location and building! Good luck!
          Mtech1 v8 build thread - https://www.r3vlimited.com/board/sho...d.php?t=413205



          OEM v8 manual chip or dme - https://www.r3vlimited.com/board/sho....php?p=4938827

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            #6
            Thanks guys, I have a good feeling this will work well. I'm surprised there's the demand there is for iphone/ipod repair around here, and no shops will do it. Being in Rochester with the Mayo Clinic we have a lot of different people coming in from all over the world.

            The "middle east" community has actually been a decently big part of our customers. We do tons of unlocks so they can use their iphones here as well as over seas. I have come to find there are several translator people in their community that help new people get acquainted with Rochester and get their living situations setup. So naturally they have in turn set us up with a lot of business from new people coming into Rochester.

            I plan on doing computer repair as well, just because I can and the cost of offering it is pretty low. I have been asked on several occasions to fix peoples computers even though we have no advertising for it.
            Rollin' with a Geistkuchen

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              #7
              Write up a specific and detailed business plan. Make goals and set a budget. Have fun!

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                #8
                Nice move! Welcome to the world of being a small business owner!



                SB is WAY better than the 9-5 BS!


                Congrats, good luck.



                p.s. - It sounds like you've done some good research and prep, but from experience I do have this advice. Just keep good, organized record of ALL things biz/financial related. And talk to a good tax rep about what all you can make deductible. Like make one of you cars a work specific car, with advertising on it. One thing my dad told me (life-long multiple business owner) when I started my side-biz was "if you can justify an expense is somehow business related and think there is even a remote possibility that you can deduct it on your taxes, do it until they say you cant". Small biz is how this country started, and how it will stay alive. the Gov can help you.
                Ben
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                  #9
                  congrats man! Good luck!
                  Originally posted by george graves

                  Are you kidding me? That nerd doesn't even know how his dick works, let alone a car.

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                    #10
                    Welcome to the club. My first recommendation would have been to be carefully with the overhead. Monthly expenses is what makes or breaks a business. It seems you have the building for free and will only spend money on electricity.

                    What is your surrounding? Offices?

                    Good luck buddy.
                    Brake harder. Go faster. No shit.

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                    http://www.facebook.com/pages/Massiv...78417442267056





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                      #11
                      Yay! Congratulations! Just curious, is unlocking an iPhone legal?
                      I Timothy 2:1-2

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                        #12
                        I have an iTouch that was run over by one of these (the truck in the background).



                        think you can fix it?

                        I also have an iPhone 8gig 3g (i think) that is locked by T-punk in germany. I tried to unlock it the last time I was in the states, but my haxors skills are about as good as my luck with ladies that look like the chick above. Can you help me out?
                        My E30 v1.0 | v2.0 | v3.0 | My E28 |My E34 | My feedback

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                          #13
                          Fantastic building and congrats, keep those startup/monthly costs down low and focus on revenue cause that will make or break you.
                          sigpic

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                            #14
                            So are you going to be repairing iPhone? Or Computers? Or both? I didn't really hear a business plan in there. EDIT - never mind.

                            That's a great deal you have with your Dad giving you that building. You should be shitting yourself BTW.
                            Originally posted by Matt-B
                            hey does anyone know anyone who gets upset and makes electronics?

                            Comment


                              #15
                              Originally posted by Eric View Post
                              I have an iTouch that was run over by one of these (the truck in the background).



                              think you can fix it?

                              I also have an iPhone 8gig 3g (i think) that is locked by T-punk in germany. I tried to unlock it the last time I was in the states, but my haxors skills are about as good as my luck with ladies that look like the chick above. Can you help me out?
                              what truck?

                              btw, brb, joining air force. female Marines dont look like that!
                              AWD > RWD

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