KGB
Footballguy
Been a FBG and oIe yeller board member since I hit puberty I think.
Loved tipsy thread and have my shirt somewhere!
Currently own a very small business. I am not rich and do not pay myself very much. But I have balls and a little smarts! (more balls) One of my customers is in the cigar industry and is launching their own cigar soon. I practically begged for them to let me in. Unfortunately, they are just doing a family thing.
A few months later, we spoke and had some cigars and drinks and they asked me what woould my thoughts be about starting company #2? Like what would I want to do? I had a few ideas, but I think small batches of premium cigars to the crypto network might work. It was my first idea and I think they were hoping I said that since we talk crypto, but, they are not educated on the subject. They did indeed like the idea
Pros
But, this being their #2 company and not main focus is a concern
BORING STUFF
50-50 split
yes, we will have a contract. since they just did the same thing with their family, easy peazy.
LLC, bank account, EIN, ETC. Easy. alot easier than you would think. And if people want help to start thier own biz, Id be happy to help
WE are currently treating this as a side biz/hobby. Not trying to retire. Small fun batches
I am going out of the country next week, so, I will post more in the future.
If Joe approves, my hope is to do a BLACK EYED JOE stogie as about cigar #10. I already have some plans for the first few batches.
Things I will expand on....
How do you get cigars made!?
How do you select the tobacco?
How do you import?
What about LAws and stuff!!!
How do you get Bands/labels' boxes made!!!???
What about them drying out?
What about the sick period?
How do you get customers?
I will have answers to all.
SO far we are on step 1. Pick a name for the biz and see if the domain is avail. (DONE) I will link the domain when we have a logo and throw it up on the site.
-Smoke em if ya got em
Loved tipsy thread and have my shirt somewhere!
Currently own a very small business. I am not rich and do not pay myself very much. But I have balls and a little smarts! (more balls) One of my customers is in the cigar industry and is launching their own cigar soon. I practically begged for them to let me in. Unfortunately, they are just doing a family thing.
A few months later, we spoke and had some cigars and drinks and they asked me what woould my thoughts be about starting company #2? Like what would I want to do? I had a few ideas, but I think small batches of premium cigars to the crypto network might work. It was my first idea and I think they were hoping I said that since we talk crypto, but, they are not educated on the subject. They did indeed like the idea
Pros
Fun Product in a fun market!
A million different options
lots of communities to speak with
Sometimes they have money lol
Cons,. too many to listBut, this being their #2 company and not main focus is a concern
BORING STUFF
50-50 split
yes, we will have a contract. since they just did the same thing with their family, easy peazy.
LLC, bank account, EIN, ETC. Easy. alot easier than you would think. And if people want help to start thier own biz, Id be happy to help
WE are currently treating this as a side biz/hobby. Not trying to retire. Small fun batches
I am going out of the country next week, so, I will post more in the future.
If Joe approves, my hope is to do a BLACK EYED JOE stogie as about cigar #10. I already have some plans for the first few batches.
Things I will expand on....
How do you get cigars made!?
How do you select the tobacco?
How do you import?
What about LAws and stuff!!!
How do you get Bands/labels' boxes made!!!???
What about them drying out?
What about the sick period?
How do you get customers?
I will have answers to all.
SO far we are on step 1. Pick a name for the biz and see if the domain is avail. (DONE) I will link the domain when we have a logo and throw it up on the site.
-Smoke em if ya got em