Submitted by JGreenAZ t3_yia3m6 in personalfinance
nowthatswhat t1_iuhwl1t wrote
Reply to comment by djmooseknuck in getting a nice chunk of money next month. by JGreenAZ
I opened and closed my own business, I’m trying to save this guy the money I lost doing it.
djmooseknuck t1_iuhxjpp wrote
I started and closed my first three businesses before I hit on a successful venture. Now I have three successful ventures and I’m buying a fourth that will complement them.
Opening a business is the only way to have a secure future. Anything else relies on the goodwill of an employer
nowthatswhat t1_iuhyqau wrote
Employment doesn’t require “good will” on either party’s behalf, it’s a mutually beneficial relationship, much the same as the relationship between a customer and a gender except much more stable.
djmooseknuck t1_iuhyuon wrote
Tell that to the hundreds of thousands who experienced job cuts this year
Meanwhile, my businesses haven’t fired anyone, and I’ve actually grown this year
nowthatswhat t1_iuhzy9s wrote
Most business have grown this year, unemployment is at a record low.
djmooseknuck t1_iui00zp wrote
I can see now why your business failed.
nowthatswhat t1_iui05ty wrote
And I know why even more of yours failed
djmooseknuck t1_iui0i7o wrote
And yet one of us gave up and projects their failure, the other kept going and hit the American dream….
Fascinating
Teeroy_Jenkins t1_iuj7izz wrote
Nah my friend. This is a thread about a guy who just got released from prison asking for advice about what to do with 90k he just came into. You came in here preaching about how he should just start a business and talking it up big time.
You didn't come here to give him advice. You came here to talk up how you 'hit the American dream'. And that is the issue peeps took with your points.
djmooseknuck t1_iujf3gg wrote
I gave him advice, advice that he appreciated, and someone came up in here wanting to trash talk business ownership because he failed at it
I think you missed the mark somewhere
OneAdvertising9821 t1_iuias8k wrote
> Opening a business is the only way to have a secure future
If this is your mindset, it's safe to say that any other option is de facto ignored.
djmooseknuck t1_iuibb1t wrote
I don’t ignore other options. I still have a W2 job, but I have created other income sources because I’ve been an employee for a company when entire states are cut from their footprint — despite being a high-producing employer in a high-producing office
OneAdvertising9821 t1_iuiblf8 wrote
> I don’t ignore other options.
"Opening a business is the only way to have a secure future"
djmooseknuck t1_iuibuni wrote
You’re purposely being disingenuous towards the character of my statement.
If you just wish to nitpick, go elsewhere.
DevilsAdvocate77 t1_iujetgl wrote
Opening a business relies on the goodwill of customers.
djmooseknuck t1_iujeygu wrote
Employment equally depends on their goodwill. That’s like saying both require oxygen in the environment; does not add anything to the conversation to mention because both require it.
DevilsAdvocate77 t1_iujfc69 wrote
You said "opening a business is the only way to have a secure future".
I'm saying it's no more or less secure than employment, because they both depend on the goodwill of others.
djmooseknuck t1_iujfmq5 wrote
One future depends on the goodwill of an employer, which has repeatedly been demonstrated to be fickle — especially in recent months
The other depends on society collapsing. If that happens, nothing you do matters, so why even prep that scenario?
DevilsAdvocate77 t1_iujfsrh wrote
The market for labor will survive longer than anything else you could possibly sell
djmooseknuck t1_iujfwdb wrote
If you truly believe that to be true, then owning the business is unequivocally the better decision
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