If you truly believe that to be true, then owning the business is unequivocally the better decision

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?

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

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.

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

You’re purposely being disingenuous towards the character of my statement.

If you just wish to nitpick, go elsewhere.

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

And yet one of us gave up and projects their failure, the other kept going and hit the American dream….

Fascinating

I can see now why your business failed.

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

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

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

That’s about as close to crap as you can get

You live in a city with more than one rapid oil change location, I’m sure

Same goes for pretty much every other business

You can be the 50th best accountant in the state and still be vastly more successful than a W2 CPA who is way better than you at the work

Business is about margin and market, being “good” is not required. You can ask professional buyers who their preferred suppliers are for mission-critical orders — it is almost never the best in the business, instead using the biggest in the business

Ppl with no business experience love chiming in this crap lol

It’s a far cry from this sub’s capacity to be a great resource on starting a business — start with a real, to-the-bone self-analysis and see what you’re good at, what you enjoy, and find where they intersect

In my opinion: 90k isn’t really enough of a sum to be life-changing retirement money if you aren’t supplementing it throughout your career.

I’d be inclined to start a business with the money.

The strength and endurance required is alone incredible. The heat inside those cars reaches miserable heights, and would make many folks pass out because they haven’t trained to function in those conditions. Add in the 200MPH cars and you now need to function with fast reflexes.