Quote:
Originally Posted by sugarwood
I know several guys who, after getting married, they quit their job to work on their business ventures, and had the wife support the family.
They seems to be very happy, and feel that marriage was the best financial and lifestyle move they ever made.
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Hmm.. not a bad idea!
Quote:
Originally Posted by sugarwood
Itza,
You don't come off as an engineer. You seriously have an ME degree?
Not the first time I've heard that. But yes, graduated spring '17.
If your business is not making money, it's a crappy business. No offense.
Most people pursue stupid ideas since they have drank the KoolAid of "Be your own boss", without looking at the downside.
If your business sucks, you will enjoy a life of being constantly broke and stressed out.
The business is definitely making money. Some #'s came in these last few days and I'm not complaining. Our business is also a mini-copy of the guys we based it off of. They have been at it for about 3-4 years and have 20k+ customers, multiple warehouses, and are taking vacations with the wives every other week. That would be a decent goal to achieve.
Just because you're 24, you should not go do stupid things.
This is the time to build your career and net worth.
Not chasing bad ideas that don't make money.
I completely understand but sometimes life isn't about the money. My girlfriends classmate was out for 2 weeks and she was back yesterday and they found out her boyfriends heart stopped while playing basketball. Gone just like that. If I were to die tomorrow I'd be pretty salty since I've been grinding up to this point. I just think there might be better ways to still put in work while doing what I love and the money will come.
You're a classic bottomfeeder.
You like buying cheap garbage just because it's cheap
(just like you posting about $3k rusted out carcasses that you have zero chance of ever fixing up)
Definitely a PORSCHE bottom feeder. But I hope you understand the only reason I would waste tie on a $3k rust bucket would be in hopes of flipping it for $5k and using the $2k profit to actually be able to afford a nice $40k example later on when I'm ready. If I had baller money I would be doing similar but at a different level, buy low sell low high its just a normal thing of every business.
Tell us more about this business that does not make money.
So, what, you're re-selling refunded and broken stuff no one wants? Who do you sell this overstock to?
Sounds like this business is just some extension of your bottomfeeding hoarding tendencies.
Re-selling cheap junk is a race to the bottom industry. You don't want to compete in a race to the bottom.
I'm not much of a hoarder. Basically you summarized the business correctly but lots of it isn't cheap stuff. We get stuff that retails for big money come in also. But I understand what you are getting at.
If I had to flip a coin, I say keep your day job.
Close up the business.
Enjoy the gym and car flipping in the evenings
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Business is easy enough to run, we aren't in dept, and its growing. It will stay open but the daily job is so generic.
Lightly roasting myself right now but I'm not the most book smart person ever and my personality is definitely not one of a usual engineer. Me even obtaining these engineering jobs and easily handling them makes it pretty clear that acquiring another one in the future if need be shouldn't be an issue.
Quote:
Originally Posted by sugarwood
Simple, they don't have 2 jobs.
Quit the side job.
Go run a marathon.
Salaried job means you have 5 hours a day to do whatever you want.
And weekends.
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Lol run a marathon. I've actually wanted to for a while.
Salaried job means waking up in the dark and leaving back home in the dark when its the colder season. Means having to ask another human being for permission to take time off work to do normal life things.
List can go on.