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hey guys,
just wondering what kind of business all of you small business owners out there are running, of if any body know whats a good business to start up. any suggestions are welcomed! i'm currently running a commercial cleaning business right now and trying to look into different areas of work. thanks in advance!
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I run an Architectural rendering business on the side from my day job. Its nice because I can be as busy as I want. Almost no expenses after the business set up. The occasional hardware upgrade but other than that I don't pay out much because I transfer all my material over the net.
I'm also a partner in a concrete company...its not all that small now. I think the key was slow steady growth...we didn't get greedy.
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MY AMP GOES TO ELEVEN!
THIRD ENGINE CLUB
Software Development (www.kennettnet.co.uk). 1st Anniversary as a limited company coming up soon, before that it was a hobby/sole trader thing for a couple of years.
I'm barely freelancing in 3d right now while the wife goes out and works for the man.
Plan on finishing an animated short that will give my future company a strong foundation.
Although I've always wanted to open my own noodle shop with my Japanese friend, good ones are really lacking around here. I know of 1 excellent one, and a few exceptional others. But the 1 excellent one makes killer business. Place is always packed.... always....It's hidden in this obscure place in Little Tokyo, you'd be hard pressed to stumble upon it.
Is the hype about owning your own business, all that it's cracked up to be? I grew up only working for my parents and took over as owner 6 months ago, so I don't know what it is like to work for someone else. I am at work seven days a week, although I am not working like a dog by any means. I just have to be here and help out whenever I can. I can afford to buy things within reason, occasionally buying something that would classify as a 'toy', but at the same time I am not going to be a millionaire when I retire. Would any of you guys give up working for 'The Man' and be 'The Man', and open up your own business?
moRotorMotor,
That's what I am in the process of doing right now. I've run a small web design/hosting, graphic design/computer consulting business since I was 17. I now work for "The Man" and although it is not a bad job by any means, I miss solely working for myself. Lately things have been getting busier and I am saving my pennies until I can go out on my own. The freedom and flexibility as well as the added pressure of doing it yourself intrigues me.
Just like any job, small business has it pitfalls, for the most part I can make my own schedule but i do find that my job runs my life anyways. I feel guilty if something needs to be done and I am not getting it done. takes a certain kind of person to be in small business i think.
Sometimes I would just work for the man! Sometimes I would never work for the man!
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04 RX-8 GT MT, Clear Corners, 25% Tint, side strakes, rotor symbol front/rear, Down sized Pulley set, RP Supercat, Grounding kit, PTP Gauge Pod Defi BF, A Pillar Pod Defi D, XM Roady, Blackened Stock rims, Racing Beat Exhaust, oil catch can, Greddy oil pan, apexi turbo timer, Profec E-01, Mazsport cooling mod, 650cc injectors, mazsport fuel pump upgrade, Garrett Water/Oil cooled turbo topmounted, MazSport ECU, Street and Dyno Tuned by Mazsport
I have been self employed for over 20 years and am on the edge of complete burnout. I sometimes think how nice it would be to punch a time clock and not have any worries at the end of the day.
But then I doubt anyone would pay me to sit on my **** like I do now
You must be very motiviated and love what you are doing. I am finding out it is hard to keep this way for a long time.
Is the hype about owning your own business, all that it's cracked up to be? I grew up only working for my parents and took over as owner 6 months ago, so I don't know what it is like to work for someone else. I am at work seven days a week, although I am not working like a dog by any means. I just have to be here and help out whenever I can. I can afford to buy things within reason, occasionally buying something that would classify as a 'toy', but at the same time I am not going to be a millionaire when I retire. Would any of you guys give up working for 'The Man' and be 'The Man', and open up your own business?
You will probably always end up working harder for your own business than for the "man"....but that's ok. I do both. Thery each have their own pros and cons...but at the end of the day I can tell the "man" to stick it up his **** and still have an income.
I kind of look at it the same way as when you move out of the house for the first time. You may live in a nice house with your parents..comfortable but you are under their rules in their house. When you move out, you may moce into a crap hole but its YOUR crap hole and you get to call the shots!
At this point, I'm not a business owner, but I do own a property and in the process of selling it and moving my asset to another state. At this point, the monthly income from the rent is not going to support me anytime soon, but i'm in it for the growth. If I keep doing what I'm doing with real estate and if everything goes well, I can retire in about 15 years.
I thought about opening up a fast food chain, like quizinos or auntie aunt's, but that's risky and it requires your attention and time. I'd rather own several properties and hire someone to take care of it.
I have been self employed for over 20 years and am on the edge of complete burnout. I sometimes think how nice it would be to punch a time clock and not have any worries at the end of the day.
But then I doubt anyone would pay me to sit on my **** like I do now
You must be very motiviated and love what you are doing. I am finding out it is hard to keep this way for a long time.
Been there done that! I guess it depends on the buisness, and what your expectations are for the time/profit and stability issues. I think most people who own thier own put in a lot more time, and I would think have a lot more to worry about. I have found that while I may have had a lot of flexability, in theory, in practice I hardly ever used it.
I kind of look at it the same way as when you move out of the house for the first time. You may live in a nice house with your parents..comfortable but you are under their rules in their house. When you move out, you may moce into a crap hole but its YOUR crap hole and you get to call the shots!
The best analogy I've heard so far!
Also note that I had to save every penny for 6 months while workin for THE MAN to get enough capital together to start my business (alas, no partying AT ALL) and then the first six months of business I had no clients. I ate ramen soup for every meal cuz I could buy it 10 for a buck. Blech!
It was worth it, but you gotta pay your dues it seems.
Been there done that! I guess it depends on the buisness, and what your expectations are for the time/profit and stability issues. I think most people who own thier own put in a lot more time, and I would think have a lot more to worry about. I have found that while I may have had a lot of flexability, in theory, in practice I hardly ever used it.
LOL, I use my flexibility every day...how else could I be on this forum so damn much???
I have been self employed for over 20 years and am on the edge of complete burnout. I sometimes think how nice it would be to punch a time clock and not have any worries at the end of the day.
But then I doubt anyone would pay me to sit on my **** like I do now
You must be very motiviated and love what you are doing. I am finding out it is hard to keep this way for a long time.
haha, yea I am motivated but I have only been at it for about six years compared to your 20 years. Even at six years in, I reach times that I find myself completely burned out for a few weeks and am forced to go into hiding for a few days to recharge the physical and mental batteries and get motivated too!
I agree, wouldn't it be nice to clock out and actually have a life outside of work! I did my turbo install over the fourth of July holiday because there was no way in hell i could have any other time off than then. Even then I remember several times the cell phone rang and I had to answer it; work related. I even went to meet a past client for a quick important meeting, I was totally honest though. Told him, look I am underneath my 8 right now, greasy as I can be, but if we have to meet then we will, just don't expect me to be clean! haha. It was great in its own way. But then again, past client, I had already proved myself to him, never could do that with a new client.
A lot of you seems to be going through the same thing I am. Although you no longer work for 'The Man' and you have flexibility, you can't really use any of it. You become a workaholic. There are times when I feel I am burned out and have no life outside of work and there are times when I have money to spend when my friends don't. Often, I wonder what it is like to work for someone else and work for set hours and be able to go home and do what I want and not think about what I have to do the following day.
I guess the only way to enjoy having your own business is if you are making a lot of money and be able to hire on people to look after the place for you while you are at home or on vacation. It sounds too good to be true, but it's ok to dream .
Yes but there are only a handful of us out there who love what we do and would do it whether we got paid or not ......
I consider myself extremely lucky (I was supposed to be an orthodontist!!!!)
yeah I was going to be a welder.
I understand it's not something everyone has the luxury or finding. Sometimes it's just a matter of finding something they love, for example, if someone told me I could express myself as an artist and get paid using a "3d software package" back in high school, I would have taken no notice to it. It was only until I stumbled upon it, seeing a friend using it, that I began to take interest, and take the risk of pursuing something when I didn't know a single person in the industry getting paid for it.
I think most people if they try hard enough can find a job that they enjoy at least half the time, some may have to ignore social pressures, their parents, and take a risk to find it. I'm sure some people are happy as an orthodontist or a welder.
you see i have a dilemma, i was supposed to be a doctor, now im a financial consultant of sorts, and i'm in the wanting to be a lawyer mindset. However none of these things at the moment can turn into independent work. And i really wanna be my own boss
I have a small IT consulting business on the side that I want to take full time. I don't have enough clients to do that right now, and building a client base when you can only help them on evenings and weekends is tough. It's doubly hard when you already work 12+ days at your regular job.
I'm burned out and I want to do my own thing. Unfortunately, my way requires more from me than I have to give. It's all good though. In time I will have what I need to be able to pull the string (watch out for the stampede) and begin my quest for world domination. :D
you see i have a dilemma, i was supposed to be a doctor, now im a financial consultant of sorts, and i'm in the wanting to be a lawyer mindset. However none of these things at the moment can turn into independent work. And i really wanna be my own boss
I can only urge you, in the strongest possible way, NOT to do the lawyer thing. get the degree if you want, but do not practice law!
If you look at job satisfaction polls, it is always at the bottom. I know very few happy lawyers, and lost of miserable ones.
:D
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