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I applaud your enthusiasm. However, I think it is premature to think that you are going to need 8-11 employees to start, with all of the related expenses that goes with having employees. Unless you are planning on buying an existing business, there is surely going to be a period when you have no business coming in.
If that is your goal, then I would suggest you are going to need a lot more cash than $150K. That wouldn't cover 8 or 10 vehicles, plus vehicle insurance, maintenance, fuel, workman's comp, unemployment insurance, General liability, rent or mortgage payments for too very long. I would think at the minimum $250K. That's my opinion.
Back to your question. Your ability to get start up capital is directly related to your experience and education and is as important as your credit and resources to most lenders. Since you apparently don't have resources and limited experience, then your education is going to be that much more important.
A business degree is always good to have, but taking coursework in business could also suffice. You are going to need a business plan, a marketing plan and a good understanding of your market, so having at least some coursework will not be a waste of time. I also suggest a sales course if you are not experienced in sales. Every business is dependent on sales so you need to have a good understanding of your industry. How sales are conducted, and by whom. There are also different payment cycles in different industries. You need to understand those as well if you are going to have enough working capital to support employees and the related overhead.
Having access to competent advisers such as attorneys, accountants, etc. would also show a lender that you have thoroughly prepared for operating your business.
You don't need to wait around for coursework. There is plenty of free resources online or even at your library. I would begin with attempting to put your plans down on paper. Don't worry about the form, this should be for you, not for a lender. You can put a formal plan together later. Write it on a napkin if you want. You seem to have at least some vision of what you want, so put that down.
You have already started networking online, but you need to begin networking with people who can actually help you. Preferably in your local area. Ask around for recommendations for those professionals. Or just walk into an office, and introduce yourself. Explain what your are doing. I am a real estate investor. That is exactly what I do when I need someone's services. I have yet to be disappointed with the results. If they take the time to meet with you unexpectedly, then they will generally make the time to service your needs. If they put you off, then excuse yourself and find someone else. That's my tip for the day.
Good luck!!
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