Securing Investors. In the Start Up Stage LLC

[Matthew M.]

I’m in the process of starting a wholesaling, fix & flip and contracting/development business. My end goal is to have a full scale development business within 2 to 3 years I’m starting off with Wholesaling to familiarize myself with the real estate market and build capital. Once I have several wholesale deals under my belt; I plan on moving into fix and flip. At the same time I want to run a construction business. I have a excellent construction background. 

Do you guys think I should start at the end and just launch the business full scale or start the way I described? If so then should I make separate businesses along the way? Example wholesaling and flipping business only? Let the construction business evolve and then transition into the development process after a while? Organization is going to be key.

I’m also trying to build a portfolio of investors for wholesaling and fix and flips. I’d like to secure my investors and buyers BEFORE wholesaling and fix and flip. 

[Louis Davis]

@Matthew M. The fact that you are asking means you are not ready to take on a big task like that. Not to mention not experienced. To answer your question directly, start one business and perfect it to the point where when you can step out the business still runs. Once that is done, then you can focus on other things on how to improve or enhance your business. Anything else is just you being an employee in multiple businesses.