Remember to save some money for a rainy day. I’m proud of you for taking a risk
Remember to save some money for a rainy day. I’m proud of you for taking a risk
If you are able to make a go of your own business, you will never regret it. I haven't worked for anyone else since I was a teenager, and every time I think about it, I thank God nobody would hire me when I left university.
If you are able to make a go of your own business, you will never regret it. I haven't worked for anyone else since I was a teenager, and every time I think about it, I thank God nobody would hire me when I left university.
Former business owner, can confirm, mad money is definitely possible.
The sky is the limit, unless you are like Elon.
Then the limits are somewhat higher still.
I know two guys who were in the financial industry, with themselves, and a staff of four secretaries, in a mid class office, (low overhead, total expenses about $200k per year,) who moved between two and three billion dollars worth of business through their office every year, of which they earned commission of 1% to 2% of everything that crossed their desks. Plus bonuses. Mainly they pushed some paper and talked on the phone. The secretaries did most of the actual work.
So, they earned roughly between $12 mil to $15 mil each, each year. Before taxes at 34% They got to keep about $7 to $10 million every year after taxes. For a couple of decades of a forty year career of working half days and playing a lot of golf.
They lived "very well indeed."
I have about a couple of dozen similar stories, all true. Business owners meet other business owners over the years.
Running your own business does not guarantee you are going to become wealthy. However, if you want to catch a fish, first, your line has to in the water You catch your fish while the fish are biting.
Former business owner, can confirm, mad money is definitely possible.
The sky is the limit, unless you are like Elon.
Then the limits are somewhat higher still.
I know two guys who were in the financial industry, with themselves, and a staff of four secretaries, in a mid class office, (low overhead, total expenses about $200k per year,) who moved between two and three billion dollars worth of business through their office every year, of which they earned commission of 1% to 2% of everything that crossed their desks. Plus bonuses. Mainly they pushed some paper and talked on the phone. The secretaries did most of the actual work.
So, they earned roughly between $12 mil to $15 mil each, each year. Before taxes at 34% They got to keep about $7 to $10 million every year after taxes. For a couple of decades of a forty year career of working half days and playing a lot of golf.
They lived "very well indeed."
I have about a couple of dozen similar stories, all true. Business owners meet other business owners over the years.
Running your own business does not guarantee you are going to become wealthy. However, if you want to catch a fish, first, your line has to in the water You catch your fish while the fish are biting.
Good for you bud! My wife and I did the same thing and have NEVER looked back. Freedom feels nice!
Good for you bud! My wife and I did the same thing and have NEVER looked back. Freedom feels nice!
Yeah you're taking on all the risk you're supposed to get the payout.
Yeah you're taking on all the risk you're supposed to get the payout.
Ironically the state in this case treats you like a money tree because you can "expense" it later on. Businesses survive in spite of the government, not because of it, yet liberals think forcing mandates down your throat, forcing you to pay fees, and other bullshit measures does not affect business performance
Ironically the state in this case treats you like a money tree because you can "expense" it later on. Businesses survive in spite of the government, not because of it, yet liberals think forcing mandates down your throat, forcing you to pay fees, and other bullshit measures does not affect business performance
Liberals don't care what affects business. They want to destroy our entire society.
Liberals don't care what affects business. They want to destroy our entire society.
I think liberals really think businesses are just money trees and that the small mom and pop store has a pile of cash they refuse to share with everyone
I think liberals really think businesses are just money trees and that the small mom and pop store has a pile of cash they refuse to share with everyone
What type of business do you run?
What type of business do you run?
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