Please enable JavaScript.
Coggle requires JavaScript to display documents.
Financial Plan (6 Years) Subject to change* (Marketing (Planning in…
Financial Plan
(6 Years)
Subject to change*
Marketing (Planning in progress)
Year 1 - 2020
Grow awareness, and find clients
Create a wordpress website with my services
Create a brand for my design and marketing
Potentially do some work for free until I get more clients. (Get word of mouth referrals)
Get a new Laptop for work on the go
Become an LLC
Get a contract made with the help of an attorney or lawyer
Write a business plan for myself
Learn from digital marketing courses
Year 2 - 2021
When I reach 3 - 4 full time clients, I will look for an employee
Hire slowly, but fire fast
Learn how to do interviews
Keep a cash reserve in case things go sour, and always remember to pay taxes
Start marketing with paid advertisements
Find, or rent out an office space
Year 3
Year 4
Year 5
Year 6
Personal Brand
Year 1 - 2020
Grow my fanbase to at least 10K people on each platform.
Make sure that I'm getting at least 10% engagement from my fan base (Likes, Views, etc.)
Start getting steady growth on all my platforms
Don't worry about anything else, just grow my influence
Year 2 - 2021
Keep growing the brand to 25K people on each platform
Consider selling from Amazon
Begin looking for sponsors and things to sell
Start keeping track of what people are interested in
Design a prototype for a product to sell
Start looking for a manufacturer for the product
Year 3 - 2022
Keep growing the brand to 50K people on each platform
Keep selling other people's products
Do some prototype testing
Get funding, either crowdfunding or an investor
Year 4 - 2023
Keep growing the brand to 75K people on each platform
Go live with the product, and start selling and advertising
Hire people
Year 5 - 2024
Keep growing the brand to 100K people on each platform
Scale the business and stay profitable
Keep a cash reserve
Make a business bank account
Create an LLC
Save 33% of all profit for taxes
Year 6 - 2025
Keep ballin'
Start planning for the next 5 years!
Real Estate Investing (Planning in progress)
Year 1 - 2020
Save money for a duplex or higher
Get another credit card and keep working on credit
Listen to podcasts, read books, go through courses to increase knowledge
Create a real estate savings account for making a down payment, as well as for emergencies
Year 2 - 2021
Start looking for deals, and running the numbers
Get a bigger pockets subscription to use their calculator. But also shop around for some better alternatives
Close on my first great deal
Find an amazing tenant, and live in the property for 1 year
Run background checks and do extensive research on each tenant applicant
Get the house inspected, and always have a lawyer made contract ready to go
Make more money to save
Year 3 - 2022
Find another deal to move into, do my research to ensure that it is a great deal
Find another amazing tenant, and then rent out where I used to live
Keep saving money, and living far below my means
Year 4 - 2023
Look into getting another property
I may need to keep saving
Consider looking into a small commercial deal. Perhaps a master lease agreement
Year 5 - 2024
Get another property if I can afford it. Run the numbers
Keep saving
Keep looking for deals
Year 6
Products (Planning in progress)
Year 1 - 2020
This plan is purely dependent on year 2 of the "Personal Branding" tree
Do research on what people want
Year 2
Year 3
Year 4
Year 5
Year 6