Entrepreneur Paid Off $100,000 In Debt Her First Year In Business
31 Des 2020
237 133 Ditonton
Presented by Fidelity Investments
Angelina Murphy opened her own business in the garage of her house. It's a one chair salon with a high-end clientele. She used a budget to reign in spending and reinvested into her business.
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Entrepreneur Paid Off $100,000 In Debt Her First Year In Business
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I hope people don't think this happens to everyone
She is awesome!
She didn't waste her money showing off. She invested in herself. Put the money back into her own education and business to keep levelling up. Great success story 👍
So...she remained open illegally during the pandemic.
So smart staying low is what would attract more.
hello
Good for her, that’s awesome! It’s not easy to make the financially responsible decision when you want to enjoy your hard earned money but it will pay off in the end!
Beautiful story! Keep up the great work! 💪🏽❤️
Inspirational! Good for her! 💯🙌🏻
Sharks machinez.
Cool. Still need free college
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This is the wisest thing I have ever seen All day
Thanks for the Information 😊
Am surprised you guys know her too. She has been a massive blessing to me and my family.
@Pius Anderson Contacting her right away
@Pius Anderson Thanks dear👍
That's cool
hmm I live a few miles away lol
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No thanks lol
Yes! We love Angelina!
She will be successful business owner in the future. I can sense it
This was Awesome! She worked hard, and i appreciate that she challenged herself too, to learn business. Wishing her more success!
Good for her!
I didn‘t know Jessie J is also a hairstylist.
I love it,congratulations to you!
She was wealthy already!! Plssss
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Just love watching women succeed in their craft.
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Amazing decision making skills!
That’s awesome! Greatness and positivity for more growth to you!!! Really inspiring and building a great life for you and your children! Many more New Years and happiness! Thanks for sharing
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I love the way she is increasing her skills day by day. You can only be successful in business if you know what you are doing.
Im very good at spending money. But i suck at beeing poor...
80% of Americans love liabilities not investments that’s why when a emergency happens they can’t come up with $1000 because there’s nothing but liabilities laying around
Is this investment platform anything like Robinhood?
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@Admin schofield How do I start trading with them and how much is the minimum startup investment? I’m hoping to get started with $500?!
She looks a bit like Victoria justice from victorious
Her what@pp + 1 6 2 6 5 2 7 9 3 5 0
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$200,000 in revenue in the first year while also paying off $100,000 in loans? With a 21% federal tax rate, operating expenses, and a full-time assistant, it doesn't seem like she'd be able to pay herself hardly anything. Sounds like her husband's work is really lucrative. It's a misleading story from Business Insider. It's just encouraging people to go into a ton of bank debt to fund their startup just because they have stars in their eyes. Better title would've been: "Got a Rich Spouse? Time to Open a Salon!"
Her what@pp + 1 6 2 6 5 2 7 9 3 5 0
For successful investment on bitcoin
stylist charge high $$$/ job done. Smart of her. Good for her!.
Her what@pp + 1 6 2 6 5 2 7 9 3 5 0
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I love her story. But she was already going to be successful due to her determination & her support from her husband.
Why?by builder did she mean a real estate developer or a construction worker
Paying 100K off in her first year of business by doing hair styling for one customer at a time in a garage ? This either seems like a case of money laundering front or people in even the smallest salons are millionaires which beach houses in Malibu...
Think about this if Monsanto owning corn because genetic engineering, now if that corn pollinated another field of corn Monsanto owns that field of corn also. Now if this mRNA vax changes your DNA will Pfizer own you , they might own your offspring due to the changes in what was previously your DNA. That is no longer yours , and has been patented - scary stuff food for thought
@DataDash I’m in credit card debt ATM , thanks for the offer - Bitcoin is skyrocketing lately
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you go girl!!
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Spend your money back into business and keep improve your skill
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She is very cool!
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Something is missing in the backend of this story... But I hope you all success in this f*cked up business environment...
Go girl! Love to see women thriving.
if she works then its not her business, it is her job. -Robert T. Kiyosaki
@Sue Doria Sue it’s a fake page lol
@DataDash yes i am
@DataDash Is this a joke?
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This offers a different perspective on how personalization has to play within the business space.
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The question is: Does she has a husband bailing her out?
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What an inspiration
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I love seeing a strong independent go getter who holds down her own shit plus got little one's keep ya head up I 👀 bigger and better thing's im trying to start a non profit for my daughter whom was born with heart problems and wants to spread the awareness and word to help out mom's who is expecting a child whom has ❤ problems and educated them cause I was uneducated when I was pregnant with Reality My miracle baby so we are going ro reach out to the world we actually started this few years back but got no input its ok we will fight until the end Heart Disease is a number 1 killer we would love to reach out to elders teens etc .We need to eat better exercise and keep in mind its only one life to live Thank you for being my inspiration
Awesome business she has built for herself
Her husband helped
A better story if she was broke, but she has a house. That's a cushion average people don't have. A sort of peace of mind if all fails?
+1(4 0 4) 3 6 9 - 2 4 6 7 📲 💬
Stay safe
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So she does sew-ins?
+1(4 0 4) 3 6 9 - 2 4 6 7 📲 💬
I enjoyed hearing her story as a wife, mom and small business owner! Congrats 🎉🎉🎉
She must be the torchbearer for Feminism. She is working, responsible, contributing to society.
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Smart Move. Hey Seattle Sister. Also a hairstylist :-).
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Very inspirational. Thank You.
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👌🏻
@Earn with Sapna dear scammer, I'm not stupid, YOU are.
What is her salon called
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Queen !
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She is a inspiration to all of us artists and business people!!
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idworlds.info/from/17SKaNzbhoihm9E/video
Where is it located
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Why don't you do a video on the amount of businesses that have been destroyed by a tyrannical government perpetuating a blatant lie?
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And as of December 20, Facebook and Instagram now owns everything on her phone and laptop, and films her whenever they want.
Relevance?
Does business insider verify these business owners stories with like financial documents? $100k is a BOAT load of money to be loaned and what the hell that was spent on to create a single chaired hair studio in a renovated garage....?
@Malcolm Coderre Not when it's started in a garage attached to your house you could do that with $15,000 MAX.
@Anthony Wright also insurance must me expensive to cover liability if someone has an accident on her property
You obviously have no idea about the luxury hair niche. Great quality luxury hair is not cheap, and that’s what she seems to be focused on, providing the best quality and not focusing on creating the most aesthetic salon.
@Eric Merhar dude, wheres my car?
@Malcolm Coderre dude she lives in Stanwood WA
Awesome work! Very smart.
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" I had to learn " - it's a strong word. When we have no other options , when we want to stand on our own feet, when we are desperate , when we hit reality , we had to learn. There's no other way around. And it always ends up good.
🖖
Nice
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Good for her
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thats awsome
In USA this may be uncommon, but in México this kind of business are every were. We have something call "tienditas de la esquina" they're basically mini super markets in side of a commun house, the owners made their business inside their house, adapting entrances and aisles with refrigerators and counters for their products. Is really normal to see kind of business also in other variants like Ice cream parlors, restaurants, gyms, even dentists.
@rose novel explain where was this common because out here in Jersey this shit does not happen. Plus in some counties of NJ this is considered illegal because its considered a safety hazard.
@Pepe Arcoiris tu ingles esta rebueno!!
Yes!! I'm from Colombia and will call the store by the owner of the house name. So if the owner of the house name is Felix we call the store "Don Felix" lol
I'm sorry if my English is wrong. I'm learning
“Bellevue is more or less the Beverly Hills of Washington.”
@Eric Merhar That Lincoln Square though...damn beautiful. Someone compared Washington to Bavaria or Germany, I thought that was accurate. It looks like Christmas country or Narnia around here.
Accurate lol
Googled hoping to find Elon Musk interview. Where is it?
Nice video.
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as an artist myself I love stories like this, we're dreamers who tend to have a hard time dealing with our present day reality. Finances/business tends to feel stifling but the truth is it's the fuel for our dreams it's always great to see artists come to this realization and learn to balance the two.
This. 💯💜
Happy newyr
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Kudos to her!
Stay small. It'll give your business an element of exclusivity that will thrive in the Seattle/Bellevue area.
What a good minded women
Simply, the way BI narrates it, you think she was a single mother with two kids. Yes, being a mother is no joke and raising kids is not easy. But she is sharing that burden with a partner. Let's not down play the importance of family in our culture
she had her husband(who is a builder) built the place for her business.
one thing u have to realise is that I am not perfect and I was a Christian , I don't whether I was Christian , u now we will never go to heaven because we go to church or do good deeds , even wicked people do good works , they love who loves them , they lend anything who lends them back . If Ur believing that chirstianity is only about perfect people who never sins and do only good and thinks we right , never think of that A real Christian before giving life to Jesus Christ 🙏 was broken , worn out and was of pain , I never said we better than anyone or greater or we are right than anyone else . We are just a bunch of people who was searching for to be our saviour or Messiah.
How is this even related to the video? You can go and s//k off your Cheesus and stop commenting irrelevant stuff on videos.
Good for you
Give your life to Jesus Christ 🙏 , I am saying because I know the truth , I don't want you to go to hell plsss , repent your sins now and believe in him , your sins are forgiven bec of his crucifixion at Calvary , u can go to heaven because of him . Believe and repent . He will heal the broken hearts , if u have tiktok account, search for Jacob coyens or david latting . Pls listen to me one time , maybe this is ur last day or last time to hear this , have faith in him by grace ur saved .,,,
Sooner or later, she's going to have celebrities patronizing her shop
She probably already has
Spectacular video on individually owned business and it's growth.
I love girls who work hard for their Money 😘😘
Me too. You can call them and they do the service at your address.
60% of small businesses just closed permanently and you're telling people to get into small business. Good tips.
@Very Original generic advice that ignore the implications and consequences of starting a business. Yes, let's ignore the amount of capital, work, knowledge, and access to talent you need to start a business. Take it from a businessman that business isn't easy, my man. If you aren't ready to lose years of your life, freedom, and money, dont go into business.
@Very Original So? Your analogy still doesn't work as herding still is a survival technique that definitely still works and not following the herd still gets you killed. Are you thick, mate? Go watch David Attenborough. He's old, but not that old.
@filonin2 this isnt 2000 bc mate
@Very Original Actually herding is a survival technique. Watch any nature doc. The one who breaks from the herd is the one who is eaten first.
Most small businesses fail even before the pandemic. People should keep starting new businesses cause there will be a good many of them they will make it.
Awesome....well done ....fantastic 👍
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Awesome....well done ....fantastic 👍
In the age of information, ignorance is a choice
@twiWright25 kinda agree/disagree. If you have access to the internet, you have access to information.
@twiWright25 well, you are right!
Assuming that everyone has access to information, yes. If you're below the poverty line, or live in a rural area of the country the story is quite different.
Yes, all good but its also easier wen u have 2 incomes in the household. Not much of a struggle, unless hes not working. Give her props sure, but would have liked to hear more abt how her husband helps with kids, finance, etc; other than building her something. It's not like shes alone in this.
Most, if not all, of these types of comments about mentioning her partner are by men. Why?
Truly inspiring!
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This story is amazing.
Big respect
What a strong and brave woman! Congrats and respect!
@kabascoolr oh you are right it is fake lol I was fooled
@kabascoolr Nono it was written business insider
@Likitha Giri It's a fake page.
Now I have the number lol!
@Earn with Sapna WHAT!? YOU REPLIED?
EXCELLENT.....KEEP GOING...
“For the first time she used a budget” hmm looks like she’s filthy rich already.
@Kurtis Miller like i said, it's relative. Depends on where you live, my man. Someone making $200k where im at (Indiana) would be considered "rich" because of how low the cost of living is. You could live like a king on less than $100k here. So imagine $200k. But if you're in an expensive city/state, I can understand that $200k doesn't go that far.
@Pain Exotic A person making 500,00k a year or more is considered rich.
@Kurtis Miller rich is relative. Someone making near $200k is a high income earner. They could be classified as "rich" in income, even if they aren't wealthy.
@Kurtis Miller Hey,Mr.Kurtis so you mean to say that luxury items don't actually show what the condition the person is in?
Not necessarily, I know a guy who makes 179k a year minus taxes. If you are one to judge status by luxury items you'd think that he is rich, but if you know people and how things work many just spend with no budget living above their means. This could have been the case with this lady. It is surely the case with my friend and others I know.
She is making it work, love her
Great video as always 😍 Hope you guys like my new VIDEO as well 🤩
She’s a business owner. Why are they calling her an entrepreneur? Every business owner doing whatever business they’re doing is an entrepreneur now? So like a restaurant business is an entrepreneurship? I still don’t fully know what “entrepreneur” entails
@Lockie T Not all business owners are entrepreneurs. It's the fact that you set the business up and took the financial risk that makes one an entrepreneur, not that you own the business or inherited it.
@Since1989 I see. Thanks. I guess every business owner is indeed an entrepreneur then. I guess ppl like to use that term because it sounds nicer
Entrepreneur: "A person who sets up a business or businesses, taking on financial risks in the hope of profit." So yes, she is considered an entrepreneur.