Anyone care to share their story? Part 2.

Niall can you be more specific?

A bit of acemdemic research? What do you want to do aboroad? Set up a company to deal abroad or set up in Ireland and work abroad in other companies i.e. have a a company director and place of business in other companies.

Would like to help but need more into.

Fintan.

Niall,

Apologies for the delay in getting back in touch.

Don't know if I can be of much help.

There are lots of industries that are outsourcing off shore. You can get accounts prepared by accountants in India. Web sites designed in the Asian countries for next to nothing.

There are companies that specialise in organising off shore companies where you may wish to trade in, say, the Seychelles, Cyprus, Canada, New Zealand, and many others. But these are usually to avail of either tax loopholes or to take advantage of tax regimes - like Ireland for CT.

Hope this helsp but not sure that it sufficently answers your question.

Regards,

Fintan.

So here goes, said I'd add to the whole story thing keep it fresh

Always been Very business minded always wanted to make a name for myself in everything that I did.

It all began at the age of 9 got money from my holy communion, £100! :eek: I was like Score! The world was my oyster! had decided I wanted to get Playstation 1 along with "a bugs life" game. Found out I didn't have enough. My dad had told me that If I was smart I could double the investment. So I did so. My dad runs his own lawnmower repair and sales service since he was younger. I had it in my head if i could buy 3 Lawnmowers for £100 and sell them for £60 each i'd make a profit. So my dad took me to where he gets the machines in disrepair yard as he like to call it and buy some. With his help he was able to fix them up to running order again. I then sold all 3 of them for more than 60 each!
Did that for a while until I made more then enough for the playstation 1 LOL

Second me and another friend of mine were bored one summer and decided to start a company, along with the help of my grand father who has the same name as me and same address began a printing thing. started with business cards/flyers posters etc all printing of a couple of Lexmark printers we had. We were flying it because we had local festivals and were the only printing places close by around 2002. We worked out of my dad's old shed (he had upgraded also) paid "rent" it was like €5 a week at that time. we continued working at this for quite a few years. Making more then just pocket money. Upgrading from those printers to OKI printers proper stuff like. Then leaving cert came. We were both going our own way, and need the money. Sold the whole lot. Company name, equipment and cancelled out lease agreements.

I'm currently 20, Enjoying life and about to do the whole "Work for yourself thing" again.

Don't you just love the excitement and Fear you get setting one up

Hope you enjoyed

+1 overthenest. Your story looks similar to mine, with the exception that I wasted 6 more years working for "the man". I should have come to the conclusion of moving on much, much earlier! I'm actually working in setting up an online business, if you need help I could give you some directions.

hey guys can some one advise where to begin with setting up my own web business,i have massive interest and have the will and drive but lack the hjow you can PM me if there is alot to it

busyliving wrote: »

PM Sent

Would it be too much trouble to ask that you send me the same or similar PM

I have an idea to start a directory type site, which will expand to hopefully include an online shop.

I am 17 and have just set about getting my business of the ground. www.flog.ie. I just wanted to do something different and then got addicted to enterprise. I set myself the challenge of creating a classified site and really pushed myself. It's just up and running but so far so good! Determined to make it a success and share my story!

@debreall Much appreciated. Had been quite an expierience. Absolutely love what i'm doing and will make it a success! Thanks!

Thought I would share my story as well.

I am a 23 year old male from Galway and I am already onto my second business venture.

At the end of the leaving cert I didn't know what I wanted to do. I hated school. My days had consisted of 9-4 school, 4-6 gym and 6-10 school study. I was suffering from depression and the gym was the only thing keeping me going. The gym was my main hobby and I hated when I missed it.
I was leaning towards doing Property Studies for college but I wasn't confident in getting the points. It was deeply depressing and I didn't want to repeat. Around a week before the results were released I decided to go with my hobby and do a PLC course in Exercise, Fitness and Nutrition. It had a optional end of year fitness instructor accredited by the University of Limerick so that enticed me a little. I was glad to have chosen this as I fell short for the Property Studies course as I only got just over 300 points.

I got slagged by a lot of friends that were going off to college to do Commerce/Arts/Medicine etc. and a few of them actually ditched me as a friend because of it. I was also told by a teacher that it was a bad choice and I wouldn't amount too much (we didn't exactly see eye to eye).

I did the course, enjoyed it and got by fitness instructor qualification as well. My parents were delighted as you got presented it in UL so it was a nice day out for them and for me.
During the qualification I got work experience in a gym and they decided to take me on part time. I was only 18 and I was delighted to get my first job. I worked hard and eventually got promoted to full time when I turned 19. I was taking in around 350 a week and I was on cloud nine!
I decided I would further my qualifications and become a Personal Trainer. it was part time so I could fit my work around it. In between this I got promoted to Gym supervisor and a extra few quid had come my way.
I got my qualification and started doing personal training outside my hours. I worked my ass off for 18months and eventually was working over 60hours a week. I was making a lot of money and I was living at home so I was saving a considerable amount although at my age people were wondering why I wasn't 'blowing it'!
May 2009 came about and after just turning 21 I took the plunge and set up my own personal training studio in the city. My Dad played a huge part in helping me set this up and he had huge belief in me. I had a lot of doubters and people thought I was nuts setting up a business like this in the middle of a recession. I ignored them and Results Ireland was born.
2 and half years have passed and my studio is still flying. We have a huge reputation in town and I still get jaws dropped when clients realise how young I am. I am standing on my own two feet, have defeated the recession, my depression, my doubters and everything else that were against me.
I have now decided to venture into another business, creating www.opt.ie, a online personal training business that with I can reach everyone all over Ireland and beyond and help motivate and educate people with all their fitness and health goals. Like my current success business it is going to be tough to develop but I am confident it will be even more successful than Results Ireland.

If people want to take anything from this then take this. Do not let anybody stand in your way and keep away from negative people. Believe in yourself and ignore the doubters. Never think you are too young for something, it's your life and not somebody else's. Do not wait for something to happy, make it happen.

Happy New Year folks and may 2012 be a wonderful year for you.

Great story D-Gal, it just goes to show what can happen when you are doing something that you love to do plus some hard work. Good luck with your future ventures as well.

Just go for it skinny90, there is nothing stopping you getting a start on it now. What I've learned for coming up with new ideas is that, you can be pretty much guaranteed that some else also has the same idea. Of course there are exceptions. But don't let that put you off either, there will always be competitors. You just have to build something better

I don't really want to go into to much detail as there's plenty on different sections on here where members know who I am and what I do, but don't mind giving a bit of back story.

I was always into computers, so the logical thing to do in college was software development, which I started in 2001 in DKIT, hated it, so moved over to more hardware/networking based computing which I enjoyed much more. Left in 2006 with a degree in IT management, but had zero intention of sitting behind a desk for the rest of my life.

So I set up an airsoft retail webstore in 2007 at 23, as I always had a passion for realistic firearms and airsoft replicas were right up my street. Started with a small initial lump sum and a small stock level of about 50 different products, working out of a garage with no insulation and a single light bulb and computer in the corner. Started off with the one Hong Kong based supplier for the first year or so.

Most "days" consisted of answering 2-3 emails from customers, packing 1-3 orders and jumping on the pushbike and running down to the local post office with the customer's parcels. We started getting busier and busier and soon the bike wasn't cutting it any more and got myself a car.

Soon the driving to the post office wasn't getting feasible either, as the desk clerks were getting narky with the 4-5 parcels they were getting every day. So got a post office business account, with a better rate and started dropping them into the sorting office.

Soon the garage was brimmed to the ceiling with stock and with no weather proofing (or insurance) it was getting quite risky.

So decided to open a retail store. It was a big move, as costs were virtually non-existent in the garage setup. Did a brief projection of how much was needed to cover costs and decided to take the risk.

Even with the astronomical rates and rent, the business continued to turn a decent profit every single year and now 5 years on, we're in a 2700 sq foot unit, with lots of dedicated, loyal customers who travel from as far as the Isle of Man on a regular basis. Full postal collection daily, with next day delivery for all Irish customers. The phone rings every 3 minutes with orders/questions/queries and the email inbox is jammed daily. I have no qualms in saying we have the best setup in the country, and the best selection of too with over 1500 different products and over 20 different suppliers.

The website takes a lot of constant work, however it pays off as its easily the most accurate, accessible and up to date in our sector. It also attract over 1100 hits a day, with over 12,000 registered customers.

We ship all over Europe and are becoming increasingly popular with UK customers which is great to see as the market is very much sown up over there.

I don't mind sharing that the job is beyond stressful, and whilst I do have a business partner who helps a lot, the work required can be overwhelming and as I literally do every single aspect of the business myself. There is nothing I do not do, down to stacking boxes and staring at gearboxes all day.

Plans for the future, who knows, I have such an interest in pretty much anything mechanical/electrical/audio/visual/IT based its hard to know what to do next. But I don't plan on working for anyone else any time soon.

Recently i join a company, i would like to work from 9-5 "shoutman". sometime i feel frustration.