|
|
|
08-03-2012, 07:34 PM | #24 | |
Registered
32
Rep 4
Posts |
Quote:
Can you please elaborate? This sounds interesting. I am currently in banking, but not on the mortgage or lending side. |
|
Appreciate
0
|
08-03-2012, 08:24 PM | #25 |
Private First Class
259
Rep 123
Posts |
Self-employed here too and I definitely do not work 40 hours a week... Or a 9-5....
I wake up everyday at 6:00am, work until 1:00pm, eat breakfast/lunch, take it easy for a few hours, then work more. I sleep around 1-2:00 am, and then start back up at 6:00 am again. The weekends are my down days, meaning I get to wake up around 10:00am. Then I enjoy some down time, usually Saturdays are free. But by Sunday I'm gearing up again for the new week. However, if it's something you TRULY love and enjoy, I swear the hours don't matter. Being self-employed in your interest becomes apart of who you "are", less what you "do".
__________________
|
Appreciate
0
|
08-03-2012, 08:53 PM | #26 |
Grozniy
177
Rep 2,602
Posts |
you need cash to open up your own business and work experience
running a small business is something that I wouldn't do if I had a degree. and considering this economy I wouldn't take any risks
__________________
-fatman
|
Appreciate
0
|
08-03-2012, 10:44 PM | #27 | |
N54 <3
240
Rep 1,558
Posts |
Quote:
You need to pass your exam to get your licence. Once obtained, you pretty much build your own portfolio of clients. You submit mortgage applications to the banks to get the clients approved and financed. Once your deal funds and closes, you get paid. As a Mortgage Agent you are working under a Broker (this person owns their own mortgage broker company). My goal is in a few years to go back and write my exam to become a mortgage broker so that I am running my own office and employees.
__________________
E90 335xi|Nav pkg|Sport pkg|Dakota leather|Brushed aluminum trim|MTech kit |
|
Appreciate
0
|
08-04-2012, 02:23 AM | #28 | ||
Banned
50
Rep 1,109
Posts |
Quote:
Quote:
The vast majority of people have no real clue what starting up a business involves...nevermind making it successful...or the gravity of the sacrifices that are necessary to sustain it. As another poster already mentioned...if it was easy, everybody'd be doing it. |
||
Appreciate
0
|
08-04-2012, 07:15 AM | #29 | |
is probably out riding.
6058
Rep 2,292
Posts |
Quote:
The start up is easy. Maintaining it is the difficult part. Kind of like playing king of the mountain when a kid. It's much easier to get to the top than it is to stay there. Driving customers through your doors year after year is difficult. Your cheese is always being moved and you must be dedicated (or blessed) enough to keep finding it.
__________________
"There is no greater tyranny than that which is perpetrated under the shield of the law and in the name of justice. -Charles de Secondat"
|
|
Appreciate
0
|
08-04-2012, 11:44 PM | #30 |
Lieutenant
19
Rep 433
Posts |
21 here and I am currently self-employed. I also go to school. I might not work a 9-5 but hell i do work at least 70 hours a week. I work 7 days and have a hell of a hard time taking a day off; let alone an afternoon.
But at the end of the day, I love what I do. My friends call me a workaholic but I wouldnt have it any other way for now. Hopefully by the time I have my degree and masters, I can do something where I am not always working. Because even IF you aren't at your business, you are always thinking about it or getting some sort of call that will keep you beyond stressed. Just never give up. Sure you might fail here and there, but that will ultimately lead you to building a thriving business and will help you succeed. Find something YOU find missing that nobody has done before and just go for it. Innovation is key, and it doesn't hurt for it to be an interest of yours Best of luck brotha! |
Appreciate
0
|
08-05-2012, 09:11 AM | #32 |
Registered
4
Rep 4
Posts |
I'm a real estate investor, self made millionaire
i work very little, one -two hour a day solving problems and most of the time got nothing to do..... if you have some $$$(40k) and good credit, its a good start...
start buying cheap townhouses ($20-$40k) and then put section 8 (govt renter program in them( govt pays the hightest rent and they pay on time...) .... govt pays a 3 beds townhouse for $1200 a month. then you can sell it to another investor for a profit or just keep townhouses for yourself. Townhouses sound like little pie, but as soon as you have ten townhouses you got a million $$$.... or rent $10000 a month easy..... I started right after college part time. only after 3 years of working at an office (JOB), I got laid off - i started full time real estate investing and 4 years later bought the land and built my first commerical shopping center CASH.... real estate investors need NO license, just brain and balls..... when economy is good i was making $500k a year and now only $250K..... its OK, i barely work... and I am a one man company.....no office, just a iphone will do.... last week i was on vacation in hawaii, had some off time, i found 2 houses on my iphone- sent email to my realtor and by the time i got back won one townhouse ($36k)... in two days, i sold the townhouse "as is" and made more then enough to pay for vacation.... |
Appreciate
0
|
08-05-2012, 09:33 AM | #33 |
Registered
4
Rep 4
Posts |
while I was in hawaii, i was thinking about getting X5M for work...
Im about to build a conv. store in my shopping center and would need an SUV to buy smokes and misc. from SAM... cars are too small and truck has no secruity so a SUV will do, but I saw too many women driving X5, so i would need a mans SUV to carry the smokes, lol....
I would need to run the store for a year or so, then sell the business -not the building for a profit.... A friend of mine has store/gas and is making $35k profit a month.... my building is full, but i think one tenant will be leaving soon so i am getting ready for them. This way I will make money from the store and sale of the store and made a renter for the building.... the best part is if the new buyers( i got several buyers waiting) fail, i get the store back for free to build up and sell again.... |
Appreciate
0
|
08-05-2012, 09:55 AM | #34 | |
Captain
69
Rep 658
Posts |
Quote:
|
|
Appreciate
0
|
08-05-2012, 11:37 AM | #35 | |
Private
351
Rep 85
Posts |
Quote:
__________________
i love german cars
|
|
Appreciate
0
|
08-05-2012, 11:45 AM | #36 | |
Captain
157
Rep 709
Posts |
Quote:
__________________
|
|
Appreciate
0
|
08-05-2012, 12:05 PM | #37 |
Registered
4
Rep 4
Posts |
my shopping center is surrounded by appartments
in a mid income area and its a small 8000 sqft.....there is also a taco truck in the parking lot paying $400 a month. tenant are spa, salon, pyschic, gameroom.... pyschic leaving soon....
|
Appreciate
0
|
08-05-2012, 12:14 PM | #38 |
Captain
157
Rep 709
Posts |
Sounds like a good location for a c-store then.
__________________
|
Appreciate
0
|
08-05-2012, 01:48 PM | #39 |
Captain
75
Rep 609
Posts |
I started a company with 2 friends. We all were working normal jobs and really enjoyed what we were doing, but just figured out we could do this on our own bill, no need to have a boss, when you could really be the boss.
So we made the step and started the company in one room (of one of us apartment). We had luck... paying clients from day one. But we wanted not to get drunk with money and decided to take only as little money for ourselves as we would really need - the rest stays in the company. So for the first 5 or 6 months me, my wife and our son were living for 400 Euro / Month. But it payed of, we got into some cooperations which brought big clients like Adidas or American Express. Now we are five people - us three and two half-time emploees (students) and are looking forward to move in our first "real" office in the next few weeks... Oh, almost forgot: I work more then 9-5, F-M... but it's ok. Last edited by fatgrandma; 08-05-2012 at 01:55 PM.. |
Appreciate
0
|
08-06-2012, 10:18 AM | #40 | |
Lieutenant General
11586
Rep 12,728
Posts |
Quote:
__________________
Instagram; @roastbeefmike
|
|
Appreciate
0
|
08-06-2012, 01:36 PM | #41 | |
Major
78
Rep 1,127
Posts |
Quote:
I also work 9-5 in corporate finance, but I am also a parter for a mobile app company, partner with a UPS franchise, and president of a financial services and tax boutique. Someone said to turn your 9-5 into 5am - 9pm, and that is very true. You hear and see the success stories, but for every success story there are 10 failures or more.
__________________
|
|
Appreciate
0
|
08-07-2012, 09:16 PM | #44 |
is probably out riding.
6058
Rep 2,292
Posts |
A company that provides and installs floor covering.
Another perk of being self employed is the duty of firing people. Which i have the unfortunate task of doing next week.
__________________
"There is no greater tyranny than that which is perpetrated under the shield of the law and in the name of justice. -Charles de Secondat"
|
Appreciate
0
|
Post Reply |
Bookmarks |
|
|