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Here's what i saw a few years ago. i remember it was in front of the MMA.^^^ Here's a quote... ($575,000 ouch!! I was off by a 0)
"Out in front of the crowded entrance to the Metropolitan Museum of Art is one of the more lucrative spots in Manhattan to sell hot dogs. It is so good, in fact, that one of the largest pushcart vending companies in New York City pays $574,000 a year to the city for the right to place two hot dog carts there."
I think it's become a cultural norm to say, "Start your own business/go for it." (Witness the number of "web designers" running around). A friend of mine had a real estate rental business for years, and I remember her saying, "Doesn't everyone want to be their own boss?" and I was forced to admit, as much as I thought I'm a free spirit or some such, actually, when it comes to work, I'm an excellent drone. I've always had jobs where the tasks were dictated by where I was in the shift (younger years, a nightly news broadcast, recent years, night shift RN). I have no desire to figure out a payroll or laws and taxes for any employees. I guess you could say I have little self-motivation.
I did consider creating a side job of doing resumes for other people, as I have done many for co-workers and friends. This was largely before software resumes came available. But I always would have a "real job" with benefits and someone else doing the paperwork/benefits.
I do work nights because I am not, uh, overly good at petty personal politics. I still get hung on it working third shift, but far less than I would on regular shifts.
seeing as how 70% of all new businesses fail in the first year. I am here to tell you that it isn't that easy.
With the huge trade deficit I can tell you we don't buy stuff from Americans anymore. We buy it from China. What goes around comes around.
Personally I would start something with a small investment. I started a couple websites a while back and it is only recently that I am getting recent cash flow from it.
Took me 1 year to make my first 100 then 3 months after that my next 100 and now I am getting a 100+ check each month. Decent income considering most of these websites I spend little to no time on anymore. Almost like owning a dividend paying stock. Now just to figure out how I can turn that 100 dollar check to 3,000.
I think it's become a cultural norm to say, "Start your own business/go for it." (Witness the number of "web designers" running around). A friend of mine had a real estate rental business for years, and I remember her saying, "Doesn't everyone want to be their own boss?" and I was forced to admit, as much as I thought I'm a free spirit or some such, actually, when it comes to work, I'm an excellent drone. I've always had jobs where the tasks were dictated by where I was in the shift (younger years, a nightly news broadcast, recent years, night shift RN). I have no desire to figure out a payroll or laws and taxes for any employees. I guess you could say I have little self-motivation.
I did consider creating a side job of doing resumes for other people, as I have done many for co-workers and friends. This was largely before software resumes came available. But I always would have a "real job" with benefits and someone else doing the paperwork/benefits.
I do work nights because I am not, uh, overly good at petty personal politics. I still get hung on it working third shift, but far less than I would on regular shifts.
I was one to say "start your own business". Not under Obama. Sit tight. I am lucky enough to be able to control my own luck because I opened the business years ago. I just spent $587,000 to do it. I was sure Obama would win. So, I bought a new well rig.
I think it's a little premature to say Obama will kill small businesses. Politicians say a lot to get elected - remember universal health care under Clinton?
That said, there are always risks involved with starting a business, as multiple threads on this site attest.
Here's what i saw a few years ago. i remember it was in front of the MMA.^^^ Here's a quote... ($575,000 ouch!! I was off by a 0)
"Out in front of the crowded entrance to the Metropolitan Museum of Art is one of the more lucrative spots in Manhattan to sell hot dogs. It is so good, in fact, that one of the largest pushcart vending companies in New York City pays $574,000 a year to the city for the right to place two hot dog carts there."
Actually I tawked to a hawt dawg vendor today who was plopped in front the Housing Court House and i asked him if he paid any licensing fees, or if he was restricted as to where he set up
He told me no
He said you just have to 25 ft from signs, hydrants, not in front of restaurant
He said he can go anywhere he wants within a reasonable limit
He also said you can be right next to another vendor too, as long as every is cool with both
Here's something my dad did, he worked construction and sold food, water, soft drinks, gum candy, whatever from his truck. construction sites oftentimes don't have food facilities nearby. On good nights he cleared $200+!!! In addition to his pay!
Also, that's what helped pay my college tuition........THANKS, DAD!
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