Change of career &a...
 

[Closed] Change of career & Starting your own business

19 Posts
18 Users
0 Reactions
116 Views
Posts: 373
Full Member
Topic starter
 

Well now that I am unemployed I am seriously considering stopping being the corporate puppet that seems to go hand in hand these days with being a senior manager.

I really do fancy starting my own business, I have an opportunity at the moment from a friend/ colleague to go into something completely fresh. It wouldnt be a massive outlay to start but it could be a while before serious money rolls through the door.

Any real life experiences on here of folks starting from scratch and making a go of it.

Not looking to make a fortune, rather taking on the challenge and giving it a damn good try.

Where do you start in general terms?

Cheers

S


 
Posted : 26/09/2010 8:16 pm
 ton
Posts: 24218
Full Member
 

hire a very good delivery driver for when it get's busy...... 😉

good look stew......... 8)


 
Posted : 26/09/2010 8:18 pm
Posts: 1
Free Member
 

You should regret the things you have done and not the things you haven't.

GO FOR IT and good luck.

PS if you need a web site, I offer v. reasonable rates, also not bad for H&S.


 
Posted : 26/09/2010 8:26 pm
Posts: 1
Free Member
 

was a marine electrical engineer fitting sonar/radar systems on subs/frigates...now run my own private clinic as a podiatrist..change of career and being my own boss has worked very well for me but its not without its challenges, i say go for it. "faint heart never farked a pig" as my old fitter used to say.


 
Posted : 26/09/2010 8:38 pm
Posts: 12
Free Member
 

Do a search on here: I posted a thread about self employment within the last 3 weeks. Got some interesting responses.


 
Posted : 26/09/2010 8:42 pm
Posts: 0
Free Member
 

so what's your new business going to be OMITN?


 
Posted : 26/09/2010 8:43 pm
Posts: 0
Free Member
 

Do it mate - if the money is short, every time you want to go out for a beer get on your bike instead!!

What's the business? I was unemployed last year and thought about doing the same, but never did. Have fallen into a really good job but still think about what would have been if I'd have gone down that road.


 
Posted : 26/09/2010 9:08 pm
Posts: 9524
Full Member
Posts: 373
Full Member
Topic starter
 

Are there any advisory bodies, training courses etc on finance, grants, business planning etc. that folks know about?


 
Posted : 27/09/2010 7:06 pm
 flip
Posts: 0
Free Member
 

I will never work for anyone else, got my day in by 12 today and chilled all afternoon, full for next two days then done for the week!

Go for it, it took me till i was 40 but i'm so glad i did it.

Good luck.


 
Posted : 27/09/2010 7:41 pm
Posts: 6283
Full Member
 

I'm thinking providing a service as opposed to a product is the way to go. It was for me anyway. No outlay other than what you spend getting your name known. I started 3 years ago. I was also lucky enough to have very little initial outlay whatsoever, as someone else had belief in me and did all the groundwork in getting me out there. There have been good times and some not so good times, but it's still the best thing I ever did.


 
Posted : 27/09/2010 7:51 pm
Posts: 6283
Full Member
 

I've just read that back.
No, I'm not a male prostitute.


 
Posted : 27/09/2010 7:55 pm
Posts: 6131
Full Member
 

[url= https://www.bgateway.com/bdotg/action/findcontactdetail?site=202&officeId=1079237717&contactUs=true&itemId=1073859862&type=CONTACT ]info[/url]

Any real life experiences on here of folks starting from scratch and making a go of it.

You already know Stevie Cochran who started his insulation business with his old colleague Eric West. They now have premises over the drome, branching out into scaffolding and painting, go have a word with Eric, sure he will give some good advice.
http://www.solwayinsulation.co.uk/theteam.php

Fancy a bumble round Ae tomorrow?

The Flying Ox - Member
I'm thinking providing a service as opposed to a product is the way to go

Yup. Another local has done this, now got contract in the Philipines


 
Posted : 27/09/2010 8:08 pm
Posts: 1109
Full Member
 

my missus was made redundant in the summer and is now going solo and baking cakes for a living (i am self appointed taster, obviously). only 1 month in but so far so good. she's got ambitions to start her own bakery one day which is really exciting!!

however we quite often 'work' late every night - i.e. accounting, playing with websites/blogs, making stuff etc. the inverted commas are just because it doesn't really seem like work, because at the moment it all seems quite fun. i am still working full time mind

once we get a website up and running i will be indulging in some shameless STW publicity


 
Posted : 27/09/2010 8:31 pm
Posts: 0
Free Member
 

I think about it every day, but I'm finding it very hard to turn away from a 30 days holiday, permanent contract and final salary pension with no ties beyond 37.5 hours a week. Public spending cuts may help push me in the right direction though.


 
Posted : 27/09/2010 8:51 pm
Posts: 0
Free Member
 

Go for it, Ive worked for myself for over 7 years have a 6 figure turn over and do all the jobs I love doing, just be prepaired for more stress etc but at the end of the day you only answer to yourself, ho ya and I owe money to nobody


 
Posted : 27/09/2010 9:27 pm
Posts: 0
Free Member
 

Go through Businness Link.. A goverment funded organisation who help with start up..

I did and they were great, got the full start up treatment with grants for website build, marketing etc..

Only thing is you need a decent business plan to be able to get the funding but they will help you with that as well..

Go for it..


 
Posted : 27/09/2010 9:35 pm
 tron
Posts: 0
Free Member
 

I posted a few things that I consider to be useful in the our man in the north thread. The Winsquared stuff is a very good sanity check.

Something I didn't mention is to think about marketing very carefully. Stock, premises and equipment all have some realisable value if things go wrong. Marketing spend is gone. Lenders and investors tend to know this these days, and will pull holes in big marketing spends, and if you're backing yourself, you should too...


 
Posted : 27/09/2010 10:01 pm
Posts: 19474
Free Member
 

Do your homework and go for it but by all means try not to have a business partner.

You will regret it for not trying put it this way.

😛


 
Posted : 27/09/2010 11:52 pm
Posts: 0
Free Member
 

I would take a look at writing a [url= http:///www.paloalto.co.uk/ ]Business Plan[/url]. Have a look at [url= http:///www.paloalto.co.uk/ ]Business Plan Pro[/url] by [url= http:///www.paloalto.co.uk/ ]Palo Alto[/url] . It really easy to use and includes 500 [url= http://www.paloalto.co.uk/software/business_plan_pro ]sample Business plans[/url].

I hope this helps


 
Posted : 30/09/2010 11:51 am