Every day is getting better and better because each day I get closer to the time when I can quit my day job. Every week, we set up our goals and knock ‘em down. And this week was no different. Not only did we nail down things on our list, we also got to some other things.
I can really feel them momentum building. It seems like it took so long to file papers and set up our LLCs. The process could have probably taken less time but I’m still working 40 hours per week at my day job. Plus, sometimes we had to wait for other people to process papers. These things take time, no matter how fast you want to go. Fast or slow, we’re making progress every week.
Here’s what we got done this week:
- We met with a CPA
- I registered my fictitious name (at the state level)
- Continuing health insurance research
- Selected a WordPress theme for our blogs
- Studied at the Internet Business Mastery Academy
- Research and development for our blogs
- Set a launch date for our blogs
Guess what? We actually began doing some of the fun stuff we’ve been looking forward to doing. YES! Over the past few months, we’ve been so busy planning, and checking off all the boring (but absolutely necessary) steps needed to start off with really strong business foundations.
If you are starting a work-from-home business and you’ve chosen the path (rather, adventure) of starting an LLC and all that goes with it, I suggest you keep up with our weekly progress reports. You’ll get a really good overview of the process as we share what we’re doing every week toward starting our own online businesses. But what’s more important, don’t just read what we’re doing, go out there and start a business online. So many people say they want to but don’t know where to start. Well, HERE is the place to start…and NOW is the time to start! Our progress this week was comprised of the following:
- I registered my fictitious name (at the county level)
- More health insurance research
- Researched WordPress themes
- Studied at the Internet Business Mastery Academy
The two words that best describe what this week was like would be: Researching, and Waiting. We’ve been researching Health Insurance options over the past week. This is helpful and necessary, as well as eye-opening. I’ll talk about that more in a minute. We’ve also been waiting…and waiting. Tammy and I applied for zoning permits so we can legally do business from our homes. Since our neighborhood is zoned “residential, we need to obtain zoning permits to do business in a residential area. Could we have started Internet businesses without going through this process? Yes, but there are benefits to taking this route. I’ll talk more about those benefits below.
No matter how much you want to start your own business and escape your traditional rat-race job, there are certain benefits to having an employer. One of the biggest benefits is, well…your benefits. This is an issue every wanna’-be Quitter will face at some point along their journey to become financially independent. If you’re still in the rat-race, it’s pretty likely that you have medical and dental insurance through your employer. Before you punch the time clock for the last time, you need to give some consideration to how you’ll handle your healthcare expenses when you’re a big-shot self-employed business owner. I personally had decided on wrapping myself in 6 layers of bubble-wrap and wearing a hard-hat and facemask at all times. But, I don’t think Scott could resist that overwhelming urge to pop all my bubbles. Damn, those things are addictive! But seriously, planning for your successful rat-race escape should include a plan for dealing with your healthcare expenses on your own. It’s something we’ve been considering lately, so I wanted to pass along some resources that will help you find an alternative to your employer’s group medical and dental insurance.
This Web Candy comes to you complements of TED. For anyone trying to start a new business, whether as a work-from-home Internet business or a brick-and-mortar small business, you’re going to have to find a way to deliver the goods in a unique way that people notice. As Seth Godin points out, it doesn’t matter what you are selling, it doesn’t have to be completely new it only has to get the customer’s attention.
What does it take to create a product or service that will capture the attention of the people who are already interested in the niche that your product fills? Godin, in this 2003 TED talk, presents examples of people have done exactly that. It wasn’t that their products were so unique or innovative, it’s that they were presented in a remarkable way so that the people who cared about them took notice. This is excellent training ground for all entrepreneurs or anyone who is trying to get a business of any size going. Watch it and take notes (there may be a quiz later).
You know how it is…you sit at your computer, as if you are meditating, and you go on a journey across the vast reaches of the Internet, following one site after another. You just sort of go wherever your interests lead you, stopping briefly, first here, now there; only long enough to see if anything catches your attention. It can be very cathartic wandering around like that. On one such trip around the netosphere, I happened upon the blog of someone I knew from Twitter. The title of his blog, The Way That You Wander, caught my attention. Finding a couple of post titles that looked interesting, I began reading. Sometimes, blog posts can drag on for days and no matter how awesome they may be, I sometimes just don’t have the time (or the attention span) to finish them. But this guy, Nate, was good at writing short but insightful posts–each one got me thinking. Nate sometimes uses movies, quotes or everyday experiences from which he gleans a bit of wisdom or makes a poignant observation that he shares with his readers. Since I like thinking and exploring the nature of life, Nate’s style appeals to me. He’s honest and open, optimistic and engaging…and he’s trying to become a Quitter.
I’ve gotten to know Nate better since I first wandered onto his blog. He’s a regular guy trying to create something unique in his life. He’s following the modern trend that, in the past, would have been considered a path of losers and ne’er-do-wells. Society doesn’t look too kindly on the unconventional lifestyle one chooses when one decides to work for him or herself rather than dutifully accept the standard 40-hours-per-week misery known as a typical day job (although Nate’s day job is actually pretty cool already). But working for someone else isn’t for me and it’s not for Nate either. And since we’re all in this together, I thought I would introduce you to Nate who hopes to soon join the ranks of other Quitters and be his own boss. (Be sure to visit his blog for some good reading.) And now, here’s Nate… Continue reading