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Formalizing the Business and Client Acquisition

3:35
8:09
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How to Make Money - An Entrepreneur Mindset That brings him in $1/2 Million a year

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What happens here

In 9th grade, Cullen decided to fully legalize his company. This involved handling taxes, obtaining necessary licenses, and ensuring general liability insurance. To acquire new clients and build trust, he leveraged online platforms, specifically setting up an account on Angie's List, and relied heavily on positive word-of-mouth referrals from satisfied customers. This formalization allowed him to take on more significant projects and hire his first employee, who had a driver's license, to help with transportation and labor.

Goal: Establish a legal business entity and acquire new clients.

Tools and materials

  • Angie's List Account Angie's List — Marketing and client acquisition
  • Commercial Insurance — Protecting the business from liabilities

What they say

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customers sign on the dotted line to give you contracts for thousands of dollars worth of work sure so I started ninth grade my legalised my company completely what the government and did all the taxes and did everything my licensing I had general insurance before that but I never was legal with the state or the government so once I legalized myself I got myself on the internet I caught myself on AngelList worked up an Angie's List account built up pretty well on there I mean we've been on ages those three years we have 50 reviews probably all B+ rating Super

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