Personal goals

Russell Underwood

OCTOBER 15, 2014

Mission Statement

My main personal goal that I wish to accomplish within the next 4 years is to receive an

MBA from Methodist and start up my business. I need to build up my credit and continue saving

money little by little. I need to keep my grades up and start managing my time between work and

school better. I want my GPA to be at least a 3.5. I have a lot of work to do to achieve that goal. I

need to do my homework on time, get a more reliable internet provider, and study for my tests

every day. Once I graduate I will have to get a loan to help me start up the business. My first

business will either be a Spanish restaurant or a small hotel.

I will need to start doing a business plan 2 years before graduating so that once I graduate

I can go to the bank and try to get a loan. I will also need a tax id number and I will need to start

a website to do my advertising (SBA).

After I start up my business I will begin saving money on the side to start a hotel in

Panama and hire my cousins to work there so I won’t have to worry about hiring random people

that may steal from me. With a business in Panama and one here maybe I will get special tax cuts

or shipping discounts. I may start up a clothing store here a few years after starting a restaurant

there because clothes there are a lot cheaper than clothes here. A shirt over there is .50 cents. A

shirt here is ten dollars. I will need to have a membership on a background check website to

make sure I don’t hire somebody that will try to steal from me. I will have to do a good interview

and screening on every person I hire to work for me (Gregory).

Works Cited

http://www.sba.gov/content/follow-these-steps-starting-business. SBA, US Small Business

Association.

Gregory, Alysa. How to Start a Small Business. 2014

http://sbinformation.about.com/od/startingabusiness/a/How-To-Start-A-Business.htm