michael templeman
lehi, UT (USA)
Role(s):
Founder/Owner/Principal
Own My Stuff LLC
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Startup
Location:
lehi
Industry:
Internet
Year Founded:
2010
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
Hi Guys,
So, 10 months ago I started a small internet sales business on the side. This month we just passed our first half million in sales. I work full time on the company now and we're growing quickly.
Because of the nature of this business, cash flow is a bit of an issue in the first year or two.
However, our growth has been phenomenal and I've actually been stymieing the growth the last few months because of cash flow concerns.
We run at gross margins of 60% and are looking to aggressively stake out our share of the marketplace.
I'm a younger guy (28) and unfortunately don't have the contacts yet that would enable me to seek funding for this growth.
Therefore, I'm reaching out to cyberspace to see if there are any investors interested in hearing more about this company.
We're a real brick and mortar business here in Lehi, UT and I run the business and have a brother in law that works for me.
We're in good standing with the IRS and Utah tax commission.
Please respond if you'd like to hear more.
My name is Mike. Look forward to hearing from you.
Thanks!