How Much Would Is A Good Amount To get Started With
This may have been asked, but I wanted to get some of the latest feedback considering current market conditions. I have access to some funds from my 401k, about $3000, and I'm wondering if that's a realistic amount of money to start out with. My primary thoughts are to used some of these funds to structure the business, pay some internet and marketing overhead, and use funds for EM. Is this a good strategy? Are there better strategies? Obviously $3K isn't really enough to use for down payments or fully fund a purchase, but I do have a few people that I am working with. I already have an LLC from a previous consulting business, though it's currently "administratively resolved", a simple fix by filing the state fees. And I am establishing a business checking account in the next couple of weeks.
I'd love hear some feedback.