Submitted by JGreenAZ t3_yia3m6 in personalfinance
nowthatswhat t1_iuhxxn2 wrote
Reply to comment by djmooseknuck in getting a nice chunk of money next month. by JGreenAZ
I’ll expand a little bit. Your whole post is nonsense so I’m going to ignore it and pretend you wrote a better post and reply to it instead.
If you are an accountant, an IT professional, a lawyer, dentist, etc with 10 years exp, yes starting your own business might make sense, if you are just a guy with no particular skill or experience who has a bit of money, starting a business is a terrible idea. First off what will your business be? I doubt you’d randomly decide to go into business producing commercial latex or something not would $90k be enough to do it. You have experience shopping and eating so you’ll probably decide to open a restaurant or retail shop, both are INCREDIBLY difficult to run, and for this reason have HUGE failure rates.
JGreenAZ OP t1_iuhz1x4 wrote
both of you have been help actually and appreciate it! this post especially.
djmooseknuck t1_iuhypca wrote
I am 27 years old
I own a race horse boarding facility, started and sold a marketing agency ($300k exit after 18 months operation), I bought a small used car lot two yrs ago, and I’m in the middle of a $5MM acquisition of a wholesale lumber mill.
On top of all this, I’m a full time account manager for a logistics brokerage
I had no experience with the businesses I am in, I have no degree, I had no mentors
Just the same access to the internet that you and OP have
I also did it all without $90k to start. In fact, I was homeless at 19 and lived in my sunfire
Just because YOU failed and gave up doesn’t mean OP should allow you to project fear on their goals
OneAdvertising9821 t1_iuibc2l wrote
> Just because YOU failed and gave up doesn’t mean OP should allow you to project fear on their goals
They are not OPs goals though, they're yours.
nowthatswhat t1_iuibjrt wrote
who tf asked?
djmooseknuck t1_iuic2xs wrote
You began a little spat. I have provided my resume on the subject matter (starting a business)
How you choose to be affected by that is your own prerogative
nowthatswhat t1_iuid29l wrote
I chose not to care
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