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I did the thing that social media dreams are made of.
After nearly a decade of corporate misery, I quit my full-time job and became an entrepreneur. I started a local clothing boutique based on an idea I had in business school, and my clientele grew quickly. I was even featured in local news and television.
After three years of running that business, I shut it down. I was on the road to profitability, but I was burned out and working at an unsustainable pace. It was one of the hardest things I’ve ever had to do in my life. After looking like a success, now everyone would think I was a failure. What would I do next? Should I go back to working a regular nine-to-five again?
I resolved that I would launch my second business, and this one would for sure be a hit. This new business would be entirely predicated on traveling as a speaker in front of large mass audiences to teach others how to pay off debt, the same way I paid off $300,000 of debt in three years. What could possibly go wrong?
That’s what I thought in January 2020. As the pandemic hit, I quickly had to learn how to pivot to a completely virtual model.
A little over two years later, Crush Your Money Goals has made over $250,000 in net revenue with over 2,500 students participating in my programs. This little business helped me get to my financial independence goals much faster than I had even planned, while I witnessed many of my peers going deep into debt or closing their businesses during the pandemic.
Like I’ve shared in other articles for this column Mess to Million, I went against some conventional financial advice. Still, I was able to build a six-figure business from scratch during the pandemic.
Pro Tip
This is the fourth column of a 5-part series from Bernadette Joy. In “Mess to Million,” she shows that you don’t have to be perfect to get rich. Follow @nextadvisor on Instagram for updates and live Q&As with Bernadette.
#1: I Never Wrote a Formal Business Plan
I have both an undergraduate and masters degree in business, and the first thing I learned about starting a business is that you have to write a business …….
Source: https://time.com/nextadvisor/financial-independence/how-i-built-six-figure-business-during-pandemic/