This is amazing. Truly, sparklers-to-a-4-year-old, amazing. I’m 3 weeks into the new business and I have had nothing but success and growth. It has happened fast; I put up signs at various intersections, I’ve been bidding on jobs through Thumbtack, and I actually have let my Craigslist ads lapse because I’ve been so busy. I’ve even neglected you, gentle reader, as I haven’t posted an update since I started this endeavor.
Part of that is because I went on a 10-day vacation to kick things off. You might not think that’s the wisest plan of action, but I can tell you it was a much-needed time to reset and come back with new energy and focus. I was able to fully leave the old job behind and launch into the new business with vigor.
I have one employee right now who works with me, and he does a great job. He’s in his early 20s and is doing college when he can. He worked with me briefly when I did Christmas lights last year, so I knew his work ethic before committing to hiring him. Good choice- he’s helped keep me company, he’s sped up my work time, and that’s helped make sure I can work a 3-day work week while earning enough to stay afloat/stay ahead of repayments.
An interesting thing happened right before my last day at my old company: my family/work van was T-boned and the insurance company totaled it. Due to my oversight, we didn’t have gap insurance. This meant that we still owed $9000 on the now dead vehicle (it was a 2014) and had to find/purchase a new one with no capital, no verifiable income from my business, and no time. Fun!
Our church, friends, and family came through in a big way and set up a GoFundMe account where $3000 was raised toward the purchase of a vehicle. Another friend of ours was about to sell her Acura MDX (SUV) and offered it to us for just $2000. The remaining money raised went toward travel expenses to get the new vehicle, paying off the old vehicle (still about a year and a half of payments to go), various transfer fees, etc. In the end, we own a great work-worthy family vehicle free and clear and have about $20,000 less debt than we did a month ago!
This week I have 4 jobs scheduled: 2 window jobs and 2 gutter jobs. I will clear more than twice as much as I did at my previous job, and I expect to work about 18 hours instead of 45 or so. Previous weeks have seen me with 7-10 jobs, and I already have some in the works for the week after this. Things are going well- better than expected- and I hope to be updating this once or twice a week as I am able. If you’re interested in talking with me more about what has gone into making the jump into business ownership, leave a comment and I’ll be glad to get back to you!