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Subject: Business Startup
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gonzobeer

Joined: 02/08/07

Outdoorzy Maniac

Louisville, KY

Posts: 246

Posted: 10/23/07 11:27pm Reply | Quote | Print

So. Recent events in my life have got me to thinking either finally move out to Oregon and work for my buddy as a rock guide, or really try to startup the climbing shop that I've been thinking about for years.
Problem is, I really don't know how to acess resourses for a startup, does anyone know of any grants, programs, or good small business loan companies/organizations?

I really don't know where to start, I mean I do, I kinda know what I need to do. However I would like to hear from people that own or have started up business to give me a hand.

I have a rough draft of a business plan, Just need alittle help getting the ball rolling.

Thanks in advance homeys!

-Sam
Licentia Haud Vestigium
The Other Wade

Joined: 10/12/07

Outdoorzy Explorer

Roswell, GA

Posts: 23

Posted: 10/24/07 6:56am Reply | Quote | Print

Gonzo, great to hear that you may take the giant leap! Self employment is vastly challenging and rewarding. Regarding financing, looking into an SBA loan to capitalize your new business may be a good way to start:

Intro to SBA Loans

Also, finding a money partner to fund the idea may prove worth it, if you can work out terms that make sense to you both. My only two cents on this is, go with somebody you know and trust. Partnering with someone random can be a recipe for disaster.

Lastly, your physical location for the shop... I've been on commercial real estate since getting out of college, and would be happy to give you some tips on leasing space, the pitfalls, where to find it, how to get free representation, what to look for etc. - just PM me or email wade (at) outdoorsblogger (dot) com.

Lastly, good luck.
OutdoorsBlogger.com || RainmakerWebDesign.com
Wade

Joined: 07/23/06

Outdoorzy Original

Bowling Green, KY

Posts: 860

Posted: 10/24/07 8:22am Reply | Quote | Print

Yeah, that is really exciting Gonzo. I think The Other Wade is right on several points. Just be careful if you decide to get money from family. You'd hate to cause friction if the business folded.

But, my only advice is to DO IT. Even if you start really small, part-time, and are self funded. It's alot of fun to follow a dream, even if you're not sure where it's going to take you.k
I'm a lover, not a racer...--Wade
Emile

Joined: 07/22/06

Outdoorzy Original

Bowling Green, KY

Posts: 185

Posted: 10/24/07 7:46pm Reply | Quote | Print

Gonzo, do it! I think you need to be careful and think out every decisions especially b/c it is a brick and mortar startup vs a web so the risks are different, but there is a risk in not following a dream. No one wants to work for the man for the rest of their life.
I love Outdoorzy!!!
gonzobeer

Joined: 02/08/07

Outdoorzy Maniac

Louisville, KY

Posts: 246

Posted: 10/24/07 9:33pm Reply | Quote | Print

Wade....if I start a shop will you drive up here and buy stuff from me =) And hey, put some outdoorzy merch up innit. Yea buddy. I'll keep you guys posted about the my progress.

-Sammy
Licentia Haud Vestigium
Wade

Joined: 07/23/06

Outdoorzy Original

Bowling Green, KY

Posts: 860

Posted: 10/24/07 9:49pm Reply | Quote | Print

For sure man. You can sell odzy shirts in your shop and we can wholesale em to ya on the el cheapo. And of course I'd buy from ya. I'm not much into the rock scene anymore, but I'm always looking for new toys.
I'm a lover, not a racer...--Wade
gonzobeer

Joined: 02/08/07

Outdoorzy Maniac

Louisville, KY

Posts: 246

Posted: 10/24/07 9:55pm Reply | Quote | Print

Consider me your motivation to get vertical again. And you never know when you'll need a set of aiders ;-)
Licentia Haud Vestigium
The Other Wade

Joined: 10/12/07

Outdoorzy Explorer

Roswell, GA

Posts: 23

Posted: 10/25/07 11:52am Reply | Quote | Print

I can't agree more with The FIRST Wade on the family thing. I rep. a lot of startups, and when it doesn't work out things can get ugly. Have you ever thought of starting up an Ebay or Yahoo store front for outdoors gear? Maybe a good way to get your geet wet part time, develop some income, and get a brand going before getting into all the expenses of brick/mortar shops...
OutdoorsBlogger.com || RainmakerWebDesign.com
gonzobeer

Joined: 02/08/07

Outdoorzy Maniac

Louisville, KY

Posts: 246

Posted: 10/25/07 12:09pm Reply | Quote | Print

That's not a bad idea, i'm weighing alot of options.
Licentia Haud Vestigium
Fundyguy25

Joined: 08/30/07

Outdoorzy Explorer

Sussex Corner, NB

Posts: 32

Posted: 10/25/07 12:43pm Reply | Quote | Print

Hey Gonzo, I find myself in the same situation somewhat. I too have been contemplating a camping goods store for the small town I live in. Market is my biggest worry. But thanks to those that have written on here, it has lit my passion again. I just have to do it. I might need some contacts for gear suppliers Wade? Mainly mid-point price entry, technical clothing, that type of thing. Unfortunately I am just starting to get into internet marketing and businesses, so I need to work at that. Good luck Gonzo.

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