Quote:
Coastie,
My boutique will be a specialty boutique, not anything that Walmart carries. I've done my homework on that aspect. I've been planning this for 2 years now and was socking away my paycheck from JP Morgan during that time. There are a lot of things I will be doing that makes my idea unique. I've done surveys in the city where I will be having the store. I was making 45K/yr at JP Morgan plus benefits. I got tired of the traffic (one hour each way) in the horribly congested Dallas freeways. I hated every minute of it.
My husband says to go ahead and open it without going OTR with him; that where there is a will there's a way. I tend to be more cautious and want to make sure my cash reserves will be enough to carry my business through the first 3 years without having to dip into our IRA $$.
I think my going over the road could be tough on the kids. I would miss them terribly as well. I think I'm going to take you guys' advice and stay home for a while. Oh well! Can't blame a girl for trying, huh?
When I decided to go back to work, I thought of trying to reopen a retail store. But in my mind be less headach driving than a retail type of Business. Originally Posted by Rico
Thanks guys for all your input. I promise I will think long and hard before I leave my kids with a nanny.Coastie,
My boutique will be a specialty boutique, not anything that Walmart carries. I've done my homework on that aspect. I've been planning this for 2 years now and was socking away my paycheck from JP Morgan during that time. There are a lot of things I will be doing that makes my idea unique. I've done surveys in the city where I will be having the store. I was making 45K/yr at JP Morgan plus benefits. I got tired of the traffic (one hour each way) in the horribly congested Dallas freeways. I hated every minute of it.
My husband says to go ahead and open it without going OTR with him; that where there is a will there's a way. I tend to be more cautious and want to make sure my cash reserves will be enough to carry my business through the first 3 years without having to dip into our IRA $$.
I think my going over the road could be tough on the kids. I would miss them terribly as well. I think I'm going to take you guys' advice and stay home for a while. Oh well! Can't blame a girl for trying, huh?
With my Hobby SHop Walmart only had a few things the same as I carried, but I still was cheaper. But setting up at the local market to advertise my store, I heard more than not I can get it at Walmart cheaper, but in reality I had been to Walmart, looked and did not find that item they were talking about at Walmart, and what I did have the same I was 0.75 and 0.80 less than walmart.
I do wish you all the luck and hope you do great at it. It can be done and I also hope you enjoy it.