For those who have followed me from the start, you know I’m nothing if not ambitious. Sometimes that gets me into trouble. Hopefully one day it will pay off all my student loans and maybe even make me rich. For now, I just want to feed my insatiable inner entrepreneur.
My wife and I had some good success working together at Broke Professionals. We have a great marriage and I am very lucky that my wife is not a “dream killer.” She’s always been really supportive of all my hopes and dreams. She is my partner in every sense of the word.
Entrepreneurship and Starting a Major Website
Lately, we have started work on a “major website.” We’re going to attempt to put a new spin on an established market. Sometimes those ideas get crowded out. In fact, they often do. But we’ve been working a combined 3-6 hours every day on the project. Over the next year I want to include updates on our project, and how we have gone about forming our own web startup. We just finished the blueprint to our web design, and my next post will discuss how we went about finding web designers and how that process works.
The idea was in my head for a few weeks. As usual, my wife took that idea and ran with it. We sat around and brainstormed about a few ideas we had for businesses. I of course have my own freelance writing business, but I wanted something that could potentially be huge. Something that might earn income even when I’m not personally working on it.
I have felt for a while that I have been juggling too many balls in the air, so what I was really trying to do was eliminate some things and focus in on the truly great ideas. Together, we did this, and made a pact to invest the money I make from my freelance work into the business idea. We’re trying to develop most of the content for the site ourselves. I’m not going to get into what the site is about at this early moment–only to say that it is definitely NOT another blog.
Anyway, I’m real excited to be sharing my thoughts about entrepreneurship (as well as my attempts to pay off ungodly amounts of debt) in the coming weeks and months. We’re targeting a December 1, 2011 launch so we have a lot of work to be done if we’re going to meet that goal.
Anyone else here not satisfied with not having their own entrepreneurial projects? Have you ever tried your own business? How did it go? Wish us luck!
Chris Thomas, owner of the online freelance writing and web-copy company, FreelancePF. Chris’s interest in personal finance stems from leaving grad school with six figures in student loan debt.