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Most of us don't have a "modest inheritance" to start a business with. We have to get an investor, which is very hard these days. Banks aren't giving out loans, by the way. Actually, the SBA told me this.
I wasn't talking about a mentality. I get that. I am talking about what kind of business you have that is profitable. What goods or services you sell.
Do you manufacture an item better than others? Do you supply silicon wafers or make self-locking screws? Or do you have something like a dog-sitting business, that just supplements your inheritance?
A lot of businesses do not require much cash. I had no $$ and took no loan when I started my first business (a website). I had no $$ and took no loan when I started my second business (first business went out of business). My second business was a consulting business. I didn't have to buy any materials and ran it out of my basement for several years.
Sales is one of the easiest businesses to start. Find a supplier and get buyers to sign long term contracts. It's when you get into consumer-facing businesses and manufacturing where you have to shell out $$. But those are hurdles for someone who can get the financing.
A lot of businesses do not require much cash. I had no $$ and took no loan when I started my first business (a website). I had no $$ and took no loan when I started my second business (first business went out of business). My second business was a consulting business. I didn't have to buy any materials and ran it out of my basement for several years.
Sales is one of the easiest businesses to start. Find a supplier and get buyers to sign long term contracts. It's when you get into consumer-facing businesses and manufacturing where you have to shell out $$. But those are hurdles for someone who can get the financing.
That is oversimplifying things. Either you are smarter than the SBA or SCORE, or you're operating off your experience, a one size fits all thing.
A website has to generate business. A website has to attract advertisers or offer goods or services. What goods or services? How does someone with no money do that? How does someone who has no money buy products to sell?
Consulting business? Not with my profession or expertise. Simply would not be sought out that way.
Find a supplier of what? Sign contracts for what? What are you going to supply them with, that they can't already get? How can a singly owned business give someone a deal, say buying chips, a better deal than the big manufacturers?
You see, you have to supply examples. Everything else is just talking generalizations, and I could tell you, "Oh, just go get someone to buy a product and you got a customer".
That is oversimplifying things. Either you are smarter than the SBA or SCORE, or you're operating off your experience, a one size fits all thing.
A website has to generate business. A website has to attract advertisers or offer goods or services. What goods or services? How does someone with no money do that? How does someone who has no money buy products to sell?
Consulting business? Not with my profession or expertise. Simply would not be sought out that way.
Find a supplier of what? Sign contracts for what? What are you going to supply them with, that they can't already get? How can a singly owned business give someone a deal, say buying chips, a better deal than the big manufacturers?
You see, you have to supply examples. Everything else is just talking generalizations, and I could tell you, "Oh, just go get someone to buy a product and you got a customer".
Makes me wonder here.
Fair enough. Here are the details:
My first business was a technology review website. We'd get review products (typically free from manufacturers) and write review articles. This was a venture in the late 90s with a friend when I was just a teen. With the .com era... advertising was a different animal. Our revenue was $7,500/month just from direct advertising. Our expenses were approx. $200/month. After the bubble bursted, so did our business.
The key was that all I had to do was learn how to make a website (picked up a book) and write letters to manufacturers. The only upfront expense was $35 for a domain (we were using free hosting when we started -- had to get paid hosting later on). It died... but it sure as hell beat the alternative of working retail at the time.
Consulting business - software. I worked at a consulting firm, learned the ropes and did it on my own. This business gave me the cashflow to fund other business opportunities.
i hated them all too, until i retired, now that i dont see them i think they are all wonderful. absence makes the heart grow fonder.
When I go on one or two week long vacations, I don't really think about my co-workers or anything work-related. When I retire, I'm sure the offices I've worked at will be the absolute last thing on my mind.
perhaps in the past I have open and easy going, and was myself at work- then colleagues use information against you, or look to undermine - or people act friendly but backstab.
I hate colleagues who exploit other friendliness, openness or just admitting they are not sure about something.
Then once you close off, watch you back, don't give anyone info they can use against you, work hard - They hate this because your not an easy target to undermine and backstab
perhaps in the past I have open and easy going, and was myself at work- then colleagues use information against you, or look to undermine - or people act friendly but backstab.
I hate colleagues who exploit other friendliness, openness or just admitting they are not sure about something.
Then once you close off, watch you back, don't give anyone info they can use against you, work hard - They hate this because your not an easy target to undermine and backstab
Exactly. It's like being in prison.
And the friendliest ones are the most dangerous.
The ones who find you're a good worker will look for something on you, as you said, but if they can't find something, they will fabricate it. They are relentless. I've seen some whose focus was to come to work like it was going to war.
The ones who find you're a good worker will look for something on you, as you said, but if they can't find something, they will fabricate it. They are relentless. I've seen some whose focus was to come to work like it was going to war.
its amazing the lengths some people will go to get something on you- like everyone is trying to determine your weaknesses - when they have found that its a stick to beat you with.
when they find it hard to find weaknesses, they hate you.
Or another tactic - your in a job a few weeks or months, and you get some colleague questioning you about something subject or area they know inside out - so they can lord it over with more knowledge - trying to exploit you in the early days of a job.
As soon as you have mastered their bit of knowledge they hate you - find myself constantly fighting these type of battles with people trying cloak their knowledge, withhold info, make life difficult.
I am so sick of dealing with people who think their very intelligent - but most of them turn out to be fairly average, just with some specialist knowledge or a mixture of BS.
I am so sick of dealing with people who think their very intelligent - but most of them turn out to be fairly average, just with some specialist knowledge or a mixture of BS.
Oh yeah. I've seen that A LOT in the accounting field, especially in public accounting. At my old job it was hilarious listening to the way some of them talked, using big words inappropriately sometimes, acting high class, always trying to sound "sophisticated." Give me someone who speaks plainly and knows what the hell he is talking about anyday, not some know nothing who has a chip on his shoulder and thinks he brilliant just because he managed to get some "status" job. The enormous egos I encountered at that job still amaze me.
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