Thursday, February 18, 2010

Seeking financing


I am not very happy in my current job. That is not unusual but I hate it for myself. I have loved going to work and I miss that. I work with people who would sell a family member for a $5 commission.

Two years ago, I took a jewelry making class for fun. I really enjoyed it. During the class, others began to sit next to me to copy my designs. Since then, I have been buying beads, gemstones and other jewelry making components for a hobby gone wild.

Going to the area mega mart hobby stores has been a depressing experience in being taken monetarily for cheap quality beads. This has led me to go to bead shows where I spend more than I should, but they are artist dates (The Artist’s Way by Julia Cameron) where I come back with all kinds of necklace and earring ideas. I do not know what is out there, and possible until I see it. (I do not know what I don’t know and that limits my idea of what could be.) Finding beads and rocks leads to the idea of what is possible for pendants, earrings and necklaces…..

On January 1, I woke with the message, ‘sell beads.’ I assume the idea is that I could successfully sell beads and jewelry making components. Someone must think that I could make money at this.

As I read about starting new businesses, I see a lot of warnings about 60+% of all new businesses failing. My intuition started this. If I act on faith, I have to assume that someone thinks I could succeed at this, unless it is my karmic lesson to fail…. Actually, I have found lots of beautiful beads in places that are not available in my area so there is a niche.

To start a business, you need to write a business plan. It needs to be well researched and thought out in solid financial details. I am starting out with, “my intuition tells me so” and “I am waiting for more details to surface.” I can hear a banker laughing in the distance.

Cash flow is an issue for start up businesses. Borrowing money is done. I can’t go to a bank and say, ‘I have this idea… my intuition says it will work…trust me….give me lots of money.’

Worrying about finding money last Monday… I got a flash of intuition. ‘Borrow from your retirement fund’ (Susie Ormond would definitely disagree and I respect her greatly). Hmm. The number $10,000 popped in there as a detail.

I ran it by some people who hated the idea. My beloved quoted Susie Ormond. I hate him for actually hearing me.

Yesterday, I got another flash of intuition. ‘Call retirement fund’ which I did. They didn’t even ask why I wanted the money (I love TIAA-CREF). I am now about to receive $9000 this upcoming Monday. That was way too easy. In fact, I do not think that they should let anyone borrow that much money that easily…. But I have to assume that this is a good sign.

An adventure begins, one that I did not see coming.


No comments:

Post a Comment