1,308 entrepreneurs were asked: "How did you decide to get into this type of business, and what was your initial goal?" These were their responses, which can help us to try to figure out what type of business we might like to start.
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| Records 1041 to 1050 of 1253 | |||
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NAICS: 531 Real Estate Description: Property Preservation for the Bank |
| I chose this business because the housing market crashed and the homes needed to be maintained. My goal was to build my business around this demand. |
| Date Submitted:
2011-10-11 20:15:15 |
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NAICS: 423 Merchant Wholesalers, Durable Goods Description: Cosmetic perfumes wholesale |
| This business was started by my parents back in 1990s. My parents got into the cosmetic industry because my mother loved the smell of different perfumes. Her love for perfumes started to grow, and she thought that the cosmetic industries would make a lot of profit. Thus we started a cosmetic business. |
| Date Submitted:
2011-10-11 17:13:35 |
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NAICS: 336 Transportation Equipment Manufacturing Description: Turbine Engine Components |
| Growing up in Mexico education was very important to me but when I came to the united states and enrolled in school I took up machine shop because that was something I really wanted to know how to do. After I ran out of money I decided to look for a job and what I knew how to do pretty well was work with metal. A friend told me there was a small machine shop hiring not too far away so I went in to talk to the owner and he said he would give me part time to see how well I did. I wasn’t planning on working there too long but as soon as I stared making some money I decided to stay. I was stupid because I thought making minimum wage at the time was the greatest thing. After about 10 years working there the boss decided he wanted to sell the business because it was too much work for him and he was getting too old to run the day to day operation. He offered to sell it to me for less than he would sell it to someone else so I decided to take a chance and use my savings to buy it from him. |
| Date Submitted:
2011-10-11 15:55:43 |
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NAICS: 334 Computer and Electronic Product Manufacturing Description: Manufacturer of external hard drive |
| I am always interested in electronic, and I studied Electronic Engineering at Cal Poly. While I was studying and working part time at a consumer electronic retail store as a technician, I realize how much I can possibly do in this industry. When I was working, there was a moment, I felt like I have a image of key to a door, and what’s behind the door is a dreamland. So I worked and gained some experience and clientele to start a business on my own. My initial goal was to make money and have independence to create new idea. For the first year, my goal was to meet the ends. The first year was hard to keep my head above the water. My second year, my goal was to make profit at certain percentage. And I set up a goal each year to commit. This is my 12th year, I still think it is not easy, and not every year that I can meet my goal, but I still try. |
| Date Submitted:
2011-10-10 23:52:00 |
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NAICS: 334 Computer and Electronic Product Manufacturing Description: Enterprise content Management and Business automation |
| I was actually consulting and my husband started the business. I wanted to support him and I knew accounting and software consulting. After a year of him developing software I got involved in the business and had a computer / bookkeeping background. My consulting experience help me mature in sales (which I didn’t want to do), but I like the creative side of marketing and created the brochures since I had the industry expertise too. It is critical that the spouse is on-board. It usually takes both for the business to be successful because it can be demanding and you need a supportive spouse. My initial goal was to only help for three years, then quit and take care of my children. We tried on several occasions to replace me but over the years it just cost us about $500,000 between salaries / expenses and lack of revenue they created. They couldn’t move the company forward as they claimed. My husband and I have steadily moved it forward from two people to about twenty people and we have a small Western Europe software distributor. |
| Date Submitted:
2011-10-10 20:00:26 |
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NAICS: 722 Food Services and Drinking Places Description: Made to Order Mexican Restaurant |
| I love the business, the mathematics of it. It’s fun. I’m 22 and the youngest franchised owner in the company and I started out working for the company 5 years ago and after becoming a manager my first year there, I fell in love with the job. I managed two locations and from there I knew what I wanted to do. I knew I wanted to eventually own a [name removed], and at 22, I’ve made that dream happen by owning a [name removed] shop in West Covina at the West Covina Mall. |
| Date Submitted:
2011-10-10 19:54:08 |
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NAICS: 236 Construction of Buildings Description: Construction maintenance, repair, specialty gutters |
| 3. In High School I always wanted to run my own construction business; I thought “How cool would that be!". I like working outside, with my hands, and did not consider doing anything else. I knew I would have to get experience on the job to get all the hands-on experience I would need, so I did that for eight years as a carpenter, working primarily on building homes. I liked the work, I liked the personal freedom, I liked the hours (I was home at a decent hour), and the money was not bad, either. I did not have a formal plan, but I had a goal, and I stuck to it. Besides metal and wood shops, I took two years of home building - called Building Trades I and II in High School; 3 and 1/2 hours a day. We built houses from the ground up: the foundation, framing, insulation, dry wall. When we were done, the school sold the homes and used that money to do it again. I also took a class in interpersonal communications when I was running my company in an effort to get better at talking with people, to make sure I was doing this right. What I found was I needed to be myself, and let that come through when I was talking with people. That means everyone I come into contact with every day. What I found was that I needed to be my own man, to be myself, and let my personal way of living carry over to my work. I found the job and my beliefs work well together. I let my clients and suppliers talk so I understand what is needed, and in the case of suppliers, I rely on others to help me do a good job. This works out perfectly. One day I was on a job site talking with people and I ran into a gentleman carrying a thirty foot piece of rain gutter. I offered to help (you just do not expect that type of help at a job site, it is not done!) and we ended up in a discussion of the business. The next thing I knew this person told me he intended to retire and offered to sell his business. It fit perfectly into what I was doing, so after investigating the profitability of the business, talking with competitors, examining what equipment I would need to do the best job, I bought the business and now run a construction and rain gutter business simultaneously. |
| Date Submitted:
2011-10-10 15:06:10 |
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NAICS: 337 Furniture and Related Product Manufacturing Description: manufacturing/importing commercial office furniture |
| I was a rep for my uncle's furniture factory when I graduated from university. I worked as a rep for 3 years, and then I see a real need for a company that can bring the inexpensive labour cost from Asia and package that with American designs and marketing to promote a line of afforadable office furniture to the market. |
| Date Submitted:
2011-10-10 10:32:57 |
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NAICS: 424 Merchant Wholesalers, Nondurable Goods Description: Print T-Shirt Wholesale Company |
| I've been in the apparel industry for about 10 years. My brother actually introduced me to it. My initial goal was to make a big company and set up multiple retail stores, mainly souvenir/gift stores. Somehow along the way I ended up in wholesale. |
| Date Submitted:
2011-10-10 01:33:39 |
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NAICS: 541 Professional, Scientific, and Technical Services Description: Legal and Identity Theft Insurance Broker |
| My initial reason for getting started in this business was to gain the access of tax deductions. After that, I wanted to staff as big as an agency as possible so I can have a sales force/organization that pays my family and I a huge up-front commission, leverage income, and a residual income that I can will to my family. My goal in this business was to make a passive income of $100,000. |
| Date Submitted:
2011-10-09 15:05:06 |
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