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#46 |
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Living Legend
Join Date: Oct 2004
Location: chesapeake, va
Age: 62
Posts: 15,817
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Re: start your own business
If your young enjoy some free time now and then have kids a little latter in life. There is nothing that can replace having a child in my opinion. You also have to remember I was a single parent for 8 years with my now 24 yr. old daughter and now she is out of the house I have a 3yr. old. So about 36 to 40 years of my life will be with a dependent child.
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#47 | |
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Playmaker
Join Date: Feb 2004
Posts: 4,471
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Re: start your own business
Quote:
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"All natural institutions of churches, whether Jewish, Christian, or Turkish, appear to me no other than human inventions, set up to terrify and enslave mankind, and monopolize power and profit." Thomas Paine |
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#48 | |
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I like big (_|_)s.
Join Date: Dec 2004
Location: Charlottesville, Virginia
Age: 44
Posts: 19,264
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Re: start your own business
Quote:
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Regret nothing. At one time it was exactly what you wanted. |
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#49 | |
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I like big (_|_)s.
Join Date: Dec 2004
Location: Charlottesville, Virginia
Age: 44
Posts: 19,264
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Re: start your own business
Quote:
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Regret nothing. At one time it was exactly what you wanted. |
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#50 | |
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Playmaker
Join Date: Feb 2004
Posts: 4,471
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Re: start your own business
Quote:
__________________
"All natural institutions of churches, whether Jewish, Christian, or Turkish, appear to me no other than human inventions, set up to terrify and enslave mankind, and monopolize power and profit." Thomas Paine |
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#51 |
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Impact Rookie
Join Date: Feb 2004
Location: Brazil, IN
Age: 55
Posts: 883
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Re: start your own business
Pizza place and a bar. If you dont have a good pizza place around where you live do some homework and shop around a find a good pizza recipe. A bar but I could not stand to see the regulars day in and day out. I would almost feel guilty about taking there money everyday.
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HTTR! |
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#52 | |
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Gamebreaker
![]() Join Date: Aug 2005
Posts: 13,235
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Re: start your own business
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I could not imagine having a 21 year old then finding out my wife was prego and having to do it all over again. Then again it is easier then have two youg ones at once. Do your kids fight over their toys? =) I had my son at 34 and my wife was 28. Two year olds are so much fun, eyes rolling. Seriously I love him but lots of work.
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When life gives you paper jams, turn them into paper footballs! |
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#53 | |
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Playmaker
Join Date: Feb 2007
Location: Virginia Beach
Posts: 4,347
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Re: start your own business
Quote:
![]() The pizza place is an investment business that has turned into nearly a full-time second job. When the economy is running fine things are good. This recession has definitely slowed my wife and I down in a big way from our plans and timetables for the business. We financed it and had hoped to have it paid in about 3 years, that's not happening now. There's high-margin in the pizza business, so if you have an independent established place, which is what we bought, you can weather the storm. I don't know how the franchises are surviving making $ 5 pizzas & $ 10 loaded pizzas, then paying franchise fees, advertising fees, etc. If this was our primary income, we would've laid off at least 3-4 more people and picked up hours ourselves to make ends meet through the recession. As it is we just cut some "dead weight" and scaled back some hours. Also, you're tied to the business. Phone rings and someone calls out sick, doesn't show up, decides to smoke a doob out back by the freezer, and you're going in to cover the shift or handle the situation. Want to take a weeks vacation with your family....think again. You can't be there every open hour so you have to find employees that are trustworthy, we're pretty lucky in that regard. You have to deal with landlords, pests, vendors who will stick it to you if you don't watch every invoice. It's got its ups and downs, in this economy its been more downs than ups. Talking with food vendors and other folks that own restaurants/bars, we're doing comparatively well so we're definitely thankful for that. I would advise anyone looking to start their own business take first's advice, be prepared to have little-to-no income for two years. Without my "day" job, we'd be in a tough situation.
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"I would bet.....(if), an angel fairy came down and said, '[You can have anything] in the world you would like to own,' I wouldn't be surprised if you said a football club and particularly the Washington Redskins.'' — Jack Kent Cooke, 1996. |
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#54 | |
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Playmaker
Join Date: Feb 2007
Location: Virginia Beach
Posts: 4,347
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Re: start your own business
Quote:
__________________
"I would bet.....(if), an angel fairy came down and said, '[You can have anything] in the world you would like to own,' I wouldn't be surprised if you said a football club and particularly the Washington Redskins.'' — Jack Kent Cooke, 1996. |
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#55 | |
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Living Legend
Join Date: Oct 2004
Location: chesapeake, va
Age: 62
Posts: 15,817
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Re: start your own business
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#56 | |
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Living Legend
Join Date: Oct 2004
Location: chesapeake, va
Age: 62
Posts: 15,817
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Re: start your own business
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#57 |
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Playmaker
Join Date: Feb 2007
Location: Virginia Beach
Posts: 4,347
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Re: start your own business
My office is only about 15 min. away just shoot me a PM when you want to stop by.
__________________
"I would bet.....(if), an angel fairy came down and said, '[You can have anything] in the world you would like to own,' I wouldn't be surprised if you said a football club and particularly the Washington Redskins.'' — Jack Kent Cooke, 1996. |
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#58 |
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Living Legend
Join Date: Oct 2004
Location: chesapeake, va
Age: 62
Posts: 15,817
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Re: start your own business
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#59 |
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Uncle Phil
Join Date: Feb 2004
Posts: 45,256
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Re: start your own business
I co-started a media company a few years ago and I learned two key lessons
1. Good friends don't necessarily make good business partners 2. Bad business can ruin good friendships In spite of that though, I was able to get the company to the point that we were having serious discussions with a similar company to merge and I would stay in a managerial/ownership role. But as those talks lingered ESPN came calling and I took that opportunity...a couple of years later that company was bought by ESPN for a few million dollars. Yay me...sigh
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You're So Vain...You Probably Think This Sig Is About You |
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#60 | |
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Playmaker
Join Date: Mar 2006
Location: Northern,Va.
Posts: 2,706
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Re: start your own business
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