11 min

The Journey of Community Investing Newbies οΏ½β€ͺ�‬ The New 1%

    • Entrepreneurship

"Join us in tracking the progress of our community investment novices on their entrepreneurial adventure! πŸ“ˆ

πŸ—“οΈ Timeline Check:


Dec 2: Venture begins


Dec 19: 'Outsourced Services LLC' is born


Dec: $2,400 pooled in shared account


LLC Setup Cost: $400



πŸ€” Challenges & Insights:


The debate over which package to choose on IncFile


Exploring business credit for early financing


DIY approach: No paid help, all self-research


First month: No significant progress


Meeting schedule: Started weekly, then lapsed due to life commitments



πŸ“… Current Status (Early January):


Upcoming meeting set for this month


$2,000 in capital, with $2,400 more expected


Continued research on business credit



πŸ’‘ Reflect: They're learning that consistency and commitment are key in entrepreneurship.

πŸ—£οΈ Your Thoughts?

How do you think they're doing? Any advice or experiences to share? Join the conversation in the comments!

#CommunityInvesting #EntrepreneurshipJourney #BusinessStartup #PodcastUpdate






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Support this podcast: https://podcasters.spotify.com/pod/show/timothy-douglas0/support

"Join us in tracking the progress of our community investment novices on their entrepreneurial adventure! πŸ“ˆ

πŸ—“οΈ Timeline Check:


Dec 2: Venture begins


Dec 19: 'Outsourced Services LLC' is born


Dec: $2,400 pooled in shared account


LLC Setup Cost: $400



πŸ€” Challenges & Insights:


The debate over which package to choose on IncFile


Exploring business credit for early financing


DIY approach: No paid help, all self-research


First month: No significant progress


Meeting schedule: Started weekly, then lapsed due to life commitments



πŸ“… Current Status (Early January):


Upcoming meeting set for this month


$2,000 in capital, with $2,400 more expected


Continued research on business credit



πŸ’‘ Reflect: They're learning that consistency and commitment are key in entrepreneurship.

πŸ—£οΈ Your Thoughts?

How do you think they're doing? Any advice or experiences to share? Join the conversation in the comments!

#CommunityInvesting #EntrepreneurshipJourney #BusinessStartup #PodcastUpdate






---

Support this podcast: https://podcasters.spotify.com/pod/show/timothy-douglas0/support

11 min