- One Locksmith - one truck
- I prefer the larger cities (150,000 people)
- every 33,000 = 1 Locksmith
- find a comfort zone between a family and business
- 10,000 - 12,000 USD per month is a good life
- Are you entrepreneur? Not everybody should be self-employed, some people work as in-house locksmith
- the new technology does not put as all from the business! the future is even better
- problem: you have few bucks in your pocket and sit in the bar. and lost calls... huge downfall. Be prepared for the work!
- 60-70 % = 25,000 USD per year... 10% = over 100,000 USD per year. 1 man = 1 truck = 10,000 - 20,000 USD per month is a nice balance
- Locksmith shop is a big mistake. Make home based business. Keep it simple as long as possible. You don't need to have a location.
- Name for you business. Cool Name / Domain name / Website / Brand / Internet / Social media / Trademarks and copyright /. Corporation / Share structure / Exit strategy / license ..
- Insurance
- Adbvertising
- taxes
- Banking
- Service truck /car / Van
- Tools ... do not buy crap
Watch the great video for the details !