Mid-Week Check-In

It’s been a slow few weeks as personal and family activities hit their typical summer-time highs. That’s part of the game, though. Like many of us, my family is my first priority, and anything I ever venture to do will always have to be adapted and integrated into my life. We’ve had a ton of fun, had some new experiences with the boys, and were able to spend some time with friends we hadn’t seen in a long time. It’s been fantastic!

Looking forward, I can see some weeks/weekends without major plans, so I think it’s time to get back to work! Since I first posted up my table online and offered to sell custom-built options, I’ve received two interested customers within a week, which is great. This week, I’ll be working with them to understand the design they want, go and purchase materials, and get working on building their tables (and anything else that they want!). It will require some pretty substantial investment from the project money, but I’m confident we will get a good return on our investment, and this might just be the boost the project needs!

I’m also looking into “making it official”, which I think is a huge step mentally and emotionally. I think it’s probably time to formally create our first micro-business, file an LLC, and get the proper permits/licenses to sell things. This is a somewhat expensive and time consuming paperwork exercise, but I think it’s a HUGE step for us. We are officially starting a business! I’m not sure my exact strategy yet, but I think I’ll create a general LLC for business activities, and create “Doing Business As” filings for the different brands/efforts when needed (for example, “Nathan’s Company” will be the LLC, and will be Doing Business As “Nathan’s Custom Furniture” and “Nathan’s Garage Sale Items”… This will be a valuable thing to learn, and will add legitimacy to my ventures. Plus, I will then be covered legally and mitigate any liability risk I might encounter.

While the dollars aren’t stacking up quite as fast as I’d like day-to-day, I do feel that we are laying a good foundation for taking our project to a very small, but very real level of business, enabling us to make bigger gains at a time. Plus, I’m gaining invaluable knowledge and experience that will certainly help in the future when we try even “bigger” things. I’ve very excited on where this is going, and enjoying every minute of it!
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Thanks for stopping buy, don’t stop hustling!