When did you start your first business???

When did you start your first business???

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itstony

Original Poster:

960 posts

219 months

Thursday 25th January 2007
quotequote all
Just out of curiosity;

- What age did those of you who are in business, actually start your first real business (i.e. legitimate)
- Also, how many people needed funding from parents/families/friends etc?
- Was it a partnership?
- Do you still own and run the business now?

itstony

Original Poster:

960 posts

219 months

Thursday 25th January 2007
quotequote all
justinp1 said:
20
I had three student bank accounts and got 3 graduate loans telling each I was paying off the other ones overdrafts!
No partnership
Yes, still run it now.


About the statement above about having three student bank accounts and 3 graduate loans. Is the idea to get three accounts so you have three overdrafts and then to max these overdrafts. Also, could you elaborate on the 3 graduate loans thing. I'm currently a student but always thought you were only supposed to have one student bank account.

itstony

Original Poster:

960 posts

219 months

Friday 26th January 2007
quotequote all
Another question to everyone?

Do you find the business's that you end up starting are also in industries which you are most familiar with. For example, if someone grew up a father who ran his own local garage and they then opened up business tuning high performance cars and race cars.
(or)
Did you devaite away and start something totally new which you though would be a great idea and then end up making a success out of it.

Also, for those of have started more than one business, did you have difficulty switching between different industries which are totally unrelated.