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Darion Wint recently made up his mind that he did not want to make someone else’s dreams come true for the rest of his life. So he decided to take the plunge into small business ownership, while still maintaining his day job as the manager of a rental car lot.Wint, who is a client of 1-800Accountant, is now the CEO of Wint Investment Group, LLC. The entrepreneur formally registered the startup company in October 2014 in Houston, Texas.Wint Investment Group is a real estate investment firm. It primarily handles foreclosures, reselling, and rental property in residential areas around Houston.Like many self-employed entrepreneurs across America, Wint says it was his past experiences that enabled him to launch his own small business.“I’ve purchased and sold several properties in the past,” he says. “Through the last one, I was able to get enough startup capital for this business. So I figured if I could do this on the side, it would be a great opportunity for me in the future.”<h2>Keys to Startup Success</h2>According to the entrepreneur, there are several keys to startup success in order for him to make Wint Investment Group soar toward a prosperous future. He says these are keys all entrepreneurs should follow.“It’s going to take lots of hard work and research on my part,” he says. “I have to find ideal properties to get into that I won’t have to sit on for a long time.”Wint confides that the concept of real estate is right up his alley.“Real estate is very tangible work, unlike a lot of other businesses that are based on other factors,” he explains. “In other words, a $30,000 property is a $30,000 property. You can certainly make improvements to a piece of property and increase its value, but you know that you’ll get at least what you put into it.”<h2>Competition in the Real Estate Market</h2>Wint admits that the real estate market is chock full of agents and investors throughout most of the country, including in the Houston area. However, he already has a game plan in mind in terms of gaining an edge over his direct competitors.“My strategy is to stay away from larger counties and focus on auctions in smaller counties that investors are not as familiar with,” he explains. “But I will stay in my general vicinity because I think it’s important to have property in areas where you can supervise it.”Wint confides that he has been no stranger to some of the many challenges entrepreneurs face when setting up a startup company.“It’s been challenging finding the necessary resources to get the info on the properties I invest in,” he says. “I have to go through county appraisal websites, and sometimes I have to use a professional to get the title and case information about each piece of property. Competition from other investors is obviously another challenge as well.”<h2>Startup Tips for Entrepreneurs</h2>His biggest tip for entrepreneurs interested in starting a business of their own is to ensure they are getting into something they love.“Make sure it’s something you are passionate about because it takes a lot of effort and resources in the beginning.”<h2>1-800Accountant Client Testimonial</h2>As a 1-800Accountant client, Wint says he has received top-notched small business accounting support that has been very helpful in navigating the complicated IRS tax code.“1-800Accountant has been very professional and takes an educational approach to taxes that I really enjoy,” he says. “It’s been a pleasure to work with the firm.”Photo credit: The photograph of Darion Wint was provided by Wint Investment Group, LLC and is used with permission.

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Taking a Unique Approach to Real Estate Investing

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Small business ownership crept up on Pamela Johnson of Fuquay-Varina, North Carolina through a series of unfortunate circumstances. In 2004, she was forced to start her life over due to monumental events in her personal life, which resulted in her house being foreclosed on. Once Johnson pulled her and her children out of the hole they were in, she vowed to pay it forward and invest in properties to help people who were in a bind, temporary or otherwise. From there, Exact Solutions Realty, LLC was born. The small business was formally established in November of 2014 and is based out of a home office.“My mission and objective is to try to decrease homelessness. This is not just for the lower-class, but for working-class individuals whose credit may not be great and receive government funds. There are a lot of people who will not accept help because there is a stigma attached to Section 8 people, when in all actuality there are a lot of good tenants out here, they just didn’t have a chance,” Johnson explains.Johnson feels that Exact Solutions Realty will be successful because no family or individual in need will be turned away from the properties she obtains.“No one will be exempt,” she says.Despite the stress that comes in the startup stages of small business ownership, Johnson knows her future of helping others is just around the corner. She hopes to eliminate stereotypes of those receiving assistance along the way.“I’ve spoken to quite a few families who are just dying for someone to give them a chance to move into an area where they won’t feel unsafe. There’s that stereotype of people in need being forced to live in places that are unsafe. I just want to set a different standard for the public. We need to stop judging,” she urges.<h2>Challenges in the Startup Stages</h2>As with most other small business owners, the biggest challenge for Johnson was simply figuring out where to begin and acquiring the knowledge needed to run a successful business. In addition to the usual hurdles, Johnson also faced some discouragement from other realtors.“When I talked to other realtors — and I don’t know if it’s unintentional – they’d ask me, ‘Are you sure that’s what you want to do?’ I try to ask questions so I can learn, and they’re giving me feedback to turn me off. That and the initial startup funds have been challenging. You have to build credit in order to move forward, so I’m learning how to navigate through that as well,” Johnson confides. “The downside is not having a lot of free time during the day to scout properties because I have a full-time job.”<h2>Tips for Aspiring Business Owners</h2>For up-and-coming entrepreneurs looking to oversee small businesses of their own, Johnson offers up the most priceless piece of advice she has received on her journey.“Research, research, research! I Googled. I did online research. I reached out to other people who are in the same boat. I tell everybody to read and do their research and don’t just jump in on their blind faith. Know your direction. You don’t want to get slapped down and get discouraged and then say, ‘Never mind,’” she advises. “The advantage is that it’s just myself that I have to fight with. I don’t have to solicit others for ideas and receive positive or negative feedback from anyone. I need to rely on just myself to understand the verbiage and the definitions, and then when I do start to network and bring others on board, we will understand each other.”<h2>Experience as a 1-800Accountant Client</h2>Pamela Johnson of Exact Solutions Realty is a satisfied client of 1-800Accountant.“The accountants have been very wonderful and have guided me toward where I need to go. My accountant is so professional! The one thing I like about 1-800Accountant is everyone I’ve spoken to is on the person’s level. No one makes me feel dumb or talks to me like I’m in kindergarten, so I appreciate the level of professionalism and meeting me where I am in terms of knowledge,” she says of the nationwide corporate accounting firm.

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Creating Safe Havens for Families in Need through a Small Business

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