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Business Startup

 
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Old 12-05-2008, 08:30 AM   #11 (permalink)
Adamzski
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Location: Sydney
When I was 17yo I decided that my employer was charging out my computer repair work at $80 per hour and I was only getting $320 per week, sooo If I could just get 6 hours chargeable labor per week I would be in front and spend the rest of my days at the beach! I quit my job and put an Ad in the yellow pages on credit for $1500, I got calls got some money in it was a struggle but I am 30yo now and have a net worth of over 32 Million cents hehe actually maybe less let me get the calculator.

Should have stayed working and built up some funds then got into it! Ive been on the verge of my big break through for ten years now. I do well from a programming business and digital signage software I have developed AdServe Digital Signage - AdServe Digital Signage and have just bought of all things a fish and chips shop to run with my gf but………………. If I had even just $20ph for all the work I have put in over the years I would be waay in front.

If you get into business you have to realise that its going to be very very hard, you cant get sick you cant take any time out you cant give up, not until you have made it and if making it only means you will make a risky 150k per year its not even worth it.
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Old 16-05-2008, 12:18 AM   #12 (permalink)
Brendan
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Posts: 23
Join Date: Feb 2008
Location: Melbourne / London
Quote:
Originally Posted by Adamzski View Post
When I was 17yo I decided that my employer was charging out my computer repair work at $80 per hour and I was only getting $320 per week, sooo If I could just get 6 hours chargeable labor per week I would be in front and spend the rest of my days at the beach! I quit my job and put an Ad in the yellow pages on credit for $1500, I got calls got some money in it was a struggle but I am 30yo now and have a net worth of over 32 Million cents hehe actually maybe less let me get the calculator.

Should have stayed working and built up some funds then got into it! Ive been on the verge of my big break through for ten years now. I do well from a programming business and digital signage software I have developed AdServe Digital Signage - AdServe Digital Signage and have just bought of all things a fish and chips shop to run with my gf but………………. If I had even just $20ph for all the work I have put in over the years I would be waay in front.

If you get into business you have to realise that its going to be very very hard, you cant get sick you cant take any time out you cant give up, not until you have made it and if making it only means you will make a risky 150k per year its not even worth it.
So, are you saying that you would rather still be working for your employer if he was paying you 150k, as opposed to running your business?

What about the freedom of choice that you have been able to give yourself?
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Old 23-05-2008, 12:01 PM   #13 (permalink)
APerry
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If you get into business you have to realise that its going to be very very hard, you cant get sick you cant take any time out you cant give up, not until you have made it and if making it only means you will make a risky 150k per year its not even worth it.
I agree that there are risks involved with running your own business, also some people are better off working for wages. However, it is generally more satisfying both personally and financially to be self employed. I've been working for myself for about 10 years and have a few businesses now, I work pretty hard, but can take time off whenever I want and I have assets (the businesses) which are valuable and saleable. I can't imaging working for anyone else.
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Old 26-05-2008, 01:19 AM   #14 (permalink)
Adamzski
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Posts: 16
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Originally Posted by Brendan View Post
So, are you saying that you would rather still be working for your employer if he was paying you 150k, as opposed to running your business?

What about the freedom of choice that you have been able to give yourself?
Nope, you gota be in it to win it! employment and carrer advancment dont suit me, I have a huge upside available to me just need to make it happen.

What I was saying is that there has to be a huge reward atainable, Its no use mortgaging the house to start a business that could only ever provide you with a slightly above average income when there is always the risk of failure/burnout.
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