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05-01-2007, 09:22 PM
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#1 (permalink) |
 Join Date: Apr 8 2007
Age: 28
Posts: 20
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how did you start?
Mosy everyone on here loves to give their 2 cents so i will ask how did you get started? Did you save up $250,000 of your own money for start up build out equipment and funding for a year? I already know half of you will instantly respond well $250,000 what the **** are you going to try to do with that but i know what i would need (at least a good idea) i just wonder where people got there money to begin? i know it is a pain to try to get a start up loan for a salon they are not the most stable business. But i also know that salons are not all owned by millionaires so how did you start. was it start in a small area with a couple of beds or maybe jump right in with 400,000 and a 20 bed salon (if so how did you get that cash). Please share i would really like to know.
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05-01-2007, 09:54 PM
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#3 (permalink) | |
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I Love Derf!!
 
Join Date: Dec 26 2006
Location: Heart of Sand Mountain
Posts: 343
Rep Power: 3
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Re: how did you start?
Quote:
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05-01-2007, 09:57 PM
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#4 (permalink) | |
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Just imagine Derf
 
Join Date: Jul 13 2006
Location: Not sure
Posts: 10,645
Rep Power: 35
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Re: how did you start?
Quote:
Did you have to call the brinks truck to carry it all?
__________________
"When obstacles arise, you change your direction to reach your goal; you do not change your decision to get there." www.sunbodiestanning.com Are we having fun yet? |
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05-01-2007, 09:58 PM
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#5 (permalink) |
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I Love Derf!!
Join Date: Dec 26 2006
Location: Heart of Sand Mountain
Posts: 343
Rep Power: 3
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Re: how did you start?
Hard work, long hours, and starting with what ever you have to. Lot more to it than to sit on a stool and collect the money...................:lol:
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05-01-2007, 10:00 PM
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#6 (permalink) | |
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I Love Derf!!
Join Date: Dec 26 2006
Location: Heart of Sand Mountain
Posts: 343
Rep Power: 3
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Re: how did you start?
Quote:
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05-01-2007, 10:14 PM
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#7 (permalink) |
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Just imagine Derf
Join Date: Jul 13 2006
Location: Not sure
Posts: 10,645
Rep Power: 35
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Re: how did you start?
That explains it.
__________________
"When obstacles arise, you change your direction to reach your goal; you do not change your decision to get there." www.sunbodiestanning.com Are we having fun yet? |
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05-01-2007, 10:39 PM
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#8 (permalink) |
 
Join Date: Mar 31 2005
Location: US
Posts: 124
Rep Power: 4
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Re: how did you start?
Life savings and all the equity in our home ... unfortunately we took a wrong turn in the beginning which doubled our build-out expenses ... and $250K would have been a BARGAIN compared to what we dished out. We also have an SBA loan.
I feel heartburn. AHhhhg.
__________________
http://teamtaninc.com |
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05-02-2007, 05:21 AM
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#9 (permalink) |
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Join Date: Apr 8 2007
Age: 28
Posts: 20
Rep Power: 0
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Re: how did you start?
james johnston you say start with what you have but what if no beds and i dont have 250k. there is two different locations i can chose from right now one it would take about 400000 to do That includes buying the building or the other witch is a lot smaller (800 sqft) but it would cost me about 50k to build out + equipment. the 800 has nowhere to expand right now but maybe it would in the future. did everyone pull out loans to do this?
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