My partner and I put in $2,500 each and he cosigned for our first truck. I spent another $4,200 to get licensed. We both worked at the same company and we kept our jobs while working nights and weekends. After two months, we put in our two-week notice. We didn't pay ourselves except at the end of the month from our net profit and never more than what we were being paid at our old job. We kept stacking the company money, buying equipment, fronting costs for materials on bigger jobs, and then started expanding.
Even when we had over $80k in the company bank, we didn't increase our pay or take anything from the company. Our vision was clear and we knew this company could be great if we kept feeding it.
This year, we've scaled quickly and spent a LOT. We're up to six employees, five trucks, TV/Radio/Digitial marketing, an office and a shop. We have over 130 5-star reviews. We're on track to cross over a million in revenue this year after two years in business.
How much is profit? Almost none. We keep enough to pay all overhead and payroll for three months, the rest is reinvested in the company. We're considering bonuses for everyone this year, and raising our personal pay an extra $100 a week.
For us, the capital was raised by taking from our personal finances. It made the hunger for success absolute. You'll never put more into your company than when you have everything to lose.