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by cdvonstinkpot 5250 days ago
I'm starting a sound reinforcement company- for those who don't know what that is, we rent the sound systems that are used at concert events to promoters of such events.

It's an extremely capital-intensive endeavour, and alot's gone into it. I recently inherited 6 digits after both my parents died, and I figured it was a better idea to try to build a money making machine than to just live off it for as long as I could, so I created an LLC, and started building a sound system.

So far after 2 years, I'm just over halfway through building the sound system, and a little less than halfway through building the backoffice IT infrastructure. And I've already spent $160k!

I'm working with a SCORE counselor, and intend to get an SBA loan to cover what I need to finish the sound rig- the IT's in a state where it's just enough to get by until I make some money, so I don't need to spend anymore on that thank goodness.