For those of you self employed/ busniess owners . How many years before you made $?
I ran into my good freind Tod ( now deceased ) s, widow last weekend .
He ran a little hippie store on Main Street of a trendy little town for probably 15 + years.
I mentioned him in Vash's not paying taxes thread .
He never made any money at his store per se. He just liked to hang out , collect trinkets, and talk shop with people.
His widow took it over , and to my surprise , has kind of turned it around .
I mentioned to her that I was proud , and amazed at what she had accomplished with the store . Her repy to me , was, yeah, its doing great, but in the 3 years she has had it , she has still to take any money out of it . It makes just enough to pay the bills and re invest for inventory.
Ive been at it for 30+ years, and bet I struggled for 15 of those years . Friends are all driving new cars, living in big nice houses, going on vacations, and here I am driving a $300 2wd s10 and struggling to pay my mortgage, and epuipment bills, and rehab a crappy old building in the middle of nowhere .
I almost quit so many times and got a job at the post office, or somethign like that, but I stayed at , mostly because I am a stubborn German .
Its payed off now, but there were a lot of lean years getting there .
I have another client who has been floating his daughters bakery for 10 + years now . He just confided in me , that he has given her 20+k every year for the last 5 to keep her floating .
I'd personally cut my losses on that one, and go get a job, but one never knows how things will turn out .
How many years did you eat ramen, and pb&j before you finally got up on plane ?
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No left turn un stoned
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