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self-employed elitenicks....

strongchick

Well-known member
If you are self-employed, can you tell what it is you do and how you like it and advice you would give to a new business owner?

Thanks folks. I really appreciate hearing good stories/successes.
 
i sense someone is unhappy in their cubicle... one day i figured out i was destined for greatness and i will achieve it...
 
If you have employees, the biggest key is not telling them what to do. ALWAYS ask, as you would a favor. They will way more willing to help you out if you ask them to help you with a favor. No one likes having orders barked at them.
A loyal employee is priceless.
Hire people who are smarter than you.
Remember feel, felt, found. You always know how that person FEELS, because you FELT the same way when the same situation happened to you. I FOUND though by handling it this way. Get my point.
I could go on and on.
 
saint808 said:
i sense someone is unhappy in their cubicle... one day i figured out i was destined for greatness and i will achieve it...

short rant follows:

I worked very hard to get out of sales and into IT in the mid-90's, and it finally happened in 1998. Now I see the writing on the wall:

1. I'm getting older, not younger
2. I know more than my managers, but they are tall, goodlooking men with MBA's so my knowledge means nothing until I show them concrete evidence...
3. I'm smarter than the average so I'm never quite happy anyways
4. I'd be happy in a cubicle but there is no security there anyway so why not strike out on my own

5. I once owned a cleaning business (I did the work myself and eventually hired three helpers) and hated it...but I liked the autonomy

6. IT as a career is really nothing without engineering background, which I don't have and don't want (more school...pah!)
7. I've helped build enough small businesses (from a sales angle) so I'm confident

8. our world is changing such that we are all pawns in the capitalist game...I'd like to be independent to some extent.
 
i think that rich dad's book line sounds interesting because people who grew up with money have a better understanding of making money.
 
BITCHIZER said:
Read a book . . . . "Who Moved My Cheese"

That should help.

It is realy short, maybe an hour . . ..

cute book. I read it, and it is probably responsible for my recent change in thinking.
 
MoneyBags said:
i think that rich dad's book line sounds interesting because people who grew up with money have a better understanding of making money.
That is a great book. I've read it three times.
 
strongchick said:



8. our world is changing such that we are all pawns in the capitalist game...I'd like to be independent to some extent.

capitalism is so perfect its sickening. if you really think you are so fucking smart then you should love capitalism.
 
strongchick said:
If you are self-employed, can you tell what it is you do and how you like it and advice you would give to a new business owner?

Thanks folks. I really appreciate hearing good stories/successes.
I have two businesses and do not recommend having two. I loved it most of the time for several years...however I believe that people are becoming significantly more difficult every year and I tire of it. I actually plan on getting a gov. job next year. I waste too much money so it doesn't excite me.
 
MoneyBags said:


capitalism is so perfect its sickening. if you really think you are so fucking smart then you should love capitalism.

That is an opinion...that capitalism is perfect...trouble is, capitalism is operated by imperfect people who tweak the game.

My problem is that my values don't fit capitalism so well. Just because I understand capitalism on an intellectual level, like chess, doesn't mean I like the 'kill'.
 
strongchick said:


That is an opinion...that capitalism is perfect...trouble is, capitalism is operated by imperfect people who tweak the game.

My problem is that my values don't fit capitalism so well. Just because I understand capitalism on an intellectual level, like chess, doesn't mean I like the 'kill'.

you dont have to be perfect to succeed in capitalism. you just have to be better. since you think you are so fucking smart then i guess you should succeed in capitalism. its perfect because the best succeed. it doesnt require perfection just the best that we can come up with.
 
freak daddy said:

That is a great book. I've read it three times.

how is it great? ive been interested in looking at it but im too busy to read a book. i also have a short attention span for books that are boring. i gave up on random walk down wall street. i enjoy financial concepts but i get bored easily with things i already understand.
 
MoneyBags said:


how is it great? ive been interested in looking at it but im too busy to read a book. i also have a short attention span for books that are boring. i gave up on random walk down wall street. i enjoy financial concepts but i get bored easily with things i already understand.
Well for someone with your degree of intelligence, the book is probably all rehashed knowledge for you. For a person who has no idea what to do with their money, I feel the book is a great way to instill some ideas of investing other than a savings account. The book is very easy to understand also.
 
freak daddy said:

Well for someone with your degree of intelligence, the book is probably all rehashed knowledge for you. For a person who has no idea what to do with their money, I feel the book is a great way to instill some ideas of investing other than a savings account. The book is very easy to understand also.

i figure the book isnt for me really because i have a solid basic knowledge of finance. i basically grew up with it and i am a finance major. i guess i have a certain love for it because of how i grew up. ill stick to my clive cussler novels since i already know my finance.
 
MoneyBags said:


i figure the book isnt for me really because i have a solid basic knowledge of finance. i basically grew up with it and i am a finance major. i guess i have a certain love for it because of how i grew up. ill stick to my clive cussler novels since i already know my finance.
I still read stuff on things I believe I am knowledgable about. Never know when you will run across something you have never seen before. It could be the difference in 100 dollars or a 1000 dollars. I suck at investing. I have a financial advisor. He does me right. I'm learning though!
 
freak daddy said:

I still read stuff on things I believe I am knowledgable about. Never know when you will run across something you have never seen before. It could be the difference in 100 dollars or a 1000 dollars. I suck at investing. I have a financial advisor. He does me right. I'm learning though!

one thing they hammer into your head in finance is that it is impossible to make excess profits without insider information. thats why i dont really trust finance books. finance is real interesting though. i like banking and insurance the most.
 
MoneyBags said:


i figure the book isnt for me really because i have a solid basic knowledge of finance. i basically grew up with it and i am a finance major. i guess i have a certain love for it because of how i grew up. ill stick to my clive cussler novels since i already know my finance.
Damn...you missed my Clive Cussler thread a few days ago. Wasn't Valhalla Rising the best?
 
Test boy said:
Damn...you missed my Clive Cussler thread a few days ago. Wasn't Valhalla Rising the best?

i posted in it. i dont really remember individual books since i read them a while ago. i dont even remember that name. my mom just bought me one that i will read this winter break. pm me about valhalla rising cause im drunk now and ill forget to look it up. i have a great winter break coming up and id like to take it along for when i work on my tan.
 
For people looking at this thread . . . Do yourselves a favor . . . . .

In case you haven't . . . . read the book . . .

"Who Moved My Cheese"

Regardless of any conditions, or levels of comprehension. If you have never read it. There is nothing you could be doing better with the very short period it takes.
 
please post a link to that book so i can see what kind of book it is.
 
there is a book called The Fifth Disipline.... get it and read it. Applied right.. you cannot fail.. at anything.
 
thanks guys. not really for me because i have personal access to one of the most brilliant minds in business. however many people need a lot more business education so it may be good for them.
 
MoneyBags said:


one thing they hammer into your head in finance is that it is impossible to make excess profits without insider information. thats why i dont really trust finance books. finance is real interesting though. i like banking and insurance the most.
As I said earlier, I'll hire people who are smarter than me. I can swallow my pride. That's better than losing my ass.
It sounds as if you are happy and successful at what you do Money Bags. I am greatly impressed.
 
hey freakdaddy i got laid off in september and am looking for a job... i might be smarter than you what's your IQ? preferably the stanford binet test.
 
freak daddy said:

As I said earlier, I'll hire people who are smarter than me. I can swallow my pride. That's better than losing my ass.
It sounds as if you are happy and successful at what you do Money Bags. I am greatly impressed.

thanks for the vote of confidence but i am still as yet unproven. i have learned a lot from school and from business genius. i plan to be better but who the fuck knows.
 
saint808 said:
hey freakdaddy i got laid off in september and am looking for a job... i might be smarter than you what's your IQ? preferably the stanford binet test.
Brother, I don't even have a college education. I did'nt even go. It's all about commen sense and street smarts. I make more $$ than 99% of my classmates I graduated with. If you are willing to relocate, I could probably hook you up.
 
MoneyBags said:


thanks for the vote of confidence but i am still as yet unproven. i have learned a lot from school and from business genius. i plan to be better but who the fuck knows.
It sounds as if you are on the right track. I think this was the first time I have ever seen you humble!LOL! You seem to have the attitude to get what you want.
 
MoneyBags said:
thanks guys. not really for me because i have personal access to one of the most brilliant minds in business. however many people need a lot more business education so it may be good for them.

This mind is a great resource for you . . . we must always be aware of any potential stigma that could cause a varieted expression though
 
MoneyBags said:
thanks guys. not really for me because i have personal access to one of the most brilliant minds in business. however many people need a lot more business education so it may be good for them.
Are you sure? I can not remember consulting with you.:confused:
 
freak daddy said:

Brother, I don't even have a college education. I did'nt even go. It's all about commen sense and street smarts. I make more $$ than 99% of my classmates I graduated with. If you are willing to relocate, I could probably hook you up.
I thought DOT just made a thread saying it is all about huge nuts?
 
Test boy said:
I thought DOT just made a thread saying it is all about huge nuts?
It has'nt always been roses. I've been homeless, broke and hungry. That shit will NEVER happen again. I'm not wealthy or rich by any means, at least not yet! :) I am comfortable though. I still have alot of ideas and ambition. I need to get my ass in gear again.
 
saint808 said:
hey freakdaddy, relocate for how long... isn't your biz seasonal?
It depends. Where would you want to re-locate? I'm taking a regional position this coming spring. My store will need a assistant. It's better to start as an assistant for a year then go into Mgmt. Especially in the pyro business. If you are interested, it will be for 22 weeks. You get your weekly salary, plus bonus(split into two payments) which is quite generous, and you can draw unemployment during the winter. Trust me, it is a great opportunity, with advancement.
 
i might do that... actually i will do that, but i have a degree in a completely unrelated field... we should take over the market in lexington though really... :)
 
strongchick said:
If you are self-employed, can you tell what it is you do and how you like it and advice you would give to a new business owner?

Thanks folks. I really appreciate hearing good stories/successes.

I technically have two businesses. My main advice is the usual: Have a lotta cash backing you up, if you don't have immediate income at startup.

The second thing is PAY YOUR TAXES.

I dunno about advertising sales. I did it years ago and hated it but I'm not a sales type. However, I have worked as publisher several times so I've had to deal with advertisers a lot.

I suppose you realize that sellng advertising is quite different from selling a product or a service, because it rarely produces immediate results except for large campaigns. It sounds like you will be targeting businesses that likely can't afford to advertise in the larger media. They often aren't very sophisticated about advertising and expect immediate turnarounds.

Do you have competition? Have you identified a clear market of people who would be attracted to that kind of medium? Why in the world is anyone distributing a publication mainly through restaurants but not providing restaurant content? That makes no sense to me, frankly, unless I misunderstood you and it will have other forms of distribution.
 
saint808 said:
i might do that... actually i will do that, but i have a degree in a completely unrelated field... we should take over the market in lexington though really... :)
Whatever Brother. I'll be more than glad to help you out if needed. I really could'nt care about a degree either! You seem to have a really good attitude. To me that is priceless!
 
Im considering starting an importing company when I graduate. Not that Ive accumulated any real world advice, just trying to sound important :)
 
buddy28 said:
Im considering starting an importing company when I graduate. Not that Ive accumulated any real world advice, just trying to sound important :)

Go for it. Avoid the horror of employment at any cost.
 
musclebrains said:


Go for it. Avoid the horror of employment at any cost.

hehe :) Im hoping. But look at you!! You must be loaded after racking in the dough from counseling "troubled" people like myself for the past 20 years. I have this vision of you as being in late 30's early 40's. But ur wisdom and knowledge hints your as old as the hills :)

Honestly, Ive got a problem with authority. Probably alot of it due to my social anxiety. But when I find a way to improve efficency, I dont like not having the power to implement it. I see myself as an "idea" guy. Im great at coming up with feasible arguments and strategys for problems.

We will see. Alot of traditional business is relationships. Good ol boy, slap em on the back, Ill buy you a beer and fuck some honeys kinda deal. It should be interesting when I get rid of this anxiety.

By the way, I wanted to ask you, whats ur take on the Myers Briggs personality indicator?
 
buddy28 said:


hehe :) Im hoping. But look at you!! You must be loaded after racking in the dough from counseling "troubled" people like myself for the past 20 years. I have this vision of you as being in late 30's early 40's. But ur wisdom and knowledge hints your as old as the hills :)

Honestly, Ive got a problem with authority. Probably alot of it due to my social anxiety. But when I find a way to improve efficency, I dont like not having the power to implement it. I see myself as an "idea" guy. Im great at coming up with feasible arguments and strategys for problems.

We will see. Alot of traditional business is relationships. Good ol boy, slap em on the back, Ill buy you a beer and fuck some honeys kinda deal. It should be interesting when I get rid of this anxiety.

By the way, I wanted to ask you, whats ur take on the Myers Briggs personality indicator?

Um, I have been seeing clients 10 years and it is a second career. I made my not-millions in the highly lucrative business of writing and editing. :rolleyes: And my psy clients are almost entirely blocked writers and artists. Not exactly the bankrolled crowd. Mainly I work with groups in special settings.

I like the Myers-Briggs, but my training is in analytical psychology, so i would. It is being used a lot in business these days, I understand.

I think it is valuable because it demonstrates how people are very different at the level of character. Thus if you know you're a thinking type having to work with a feeling type, you know at the outset that you aren't going to automatically have a shared vocabulary. So you account for this in your interactions. Have you taken the MB inventory?
 
I was going to say 15 years. Close enough.

I took the Myers Briggs. ENFP. Very high intution, moderate feeling and thinking, moderatly high perceiving as opposed to judging. Im a procrastinator, dislike scheduling, so that would put me as a percieving I beleive.

I found it interesting. During the period of my life I wrote the test, I wanted to become a minister. Parts of me still do. Interestingly enough, minister/religous leader was listed as the most popular profession for people with an ENFP personality profile.
 
buddy28 said:
I was going to say 15 years. Close enough.

I took the Myers Briggs. ENFP. Very high intution, moderate feeling and thinking, moderatly high perceiving as opposed to judging. Im a procrastinator, dislike scheduling, so that would put me as a percieving I beleive.

I found it interesting. During the period of my life I wrote the test, I wanted to become a minister. Parts of me still do. Interestingly enough, minister/religous leader was listed as the most popular profession for people with an ENFP personality profile.

Yup. I'm an INFP, which is the usual for psychologists. I'm almost midrange between introverson and extroversion, ditto for the feeling-thinking side.
 
It's interesting that someone with social anxiety would test e rather than i, by the way. Though, I suppose that could indicate it's something quite apart from your basic character.
 
musclebrains said:
It's interesting that someone with social anxiety would test e rather than i, by the way. Though, I suppose that could indicate it's something quite apart from your basic character.

It really is. For most of my young life (6-12) I was very outgoing. Loved public speaking, being the center of attention. Then my lovely parents came along and squashed it all.

You do take checks dont you? :)
 
buddy28 said:


It really is. For most of my young life (6-12) I was very outgoing. Loved public speaking, being the center of attention. Then my lovely parents came along and squashed it all.

You do take checks dont you? :)

It is somewhat unusual in my experience for a child after the age of 12 to be traumatized by his parents. I mean it usually occurs earlier, except in the case of sexual stuff, which often occurs in adolescence.

Well, I'm going to bed, or I'd take your check.
 
freak daddy said:

That is a great book. I've read it three times.

I'm reading Rich Dad Poor Dad now.

Am I wrong, or does he emphasize real estate as an investment?

I hate real estate. I guess I just want a list of 'assets' to point my money toward, not all this 'how to think like a rich person' stuff. I mean, real estate is a great investment, but I prefer more liquid investments.

I mean, if bargain real estate is it...well...any infomercial can sell me a 'how to take advantage of the financially burdened and take their house' book.

I haven't read the whole thing yet....however.

I think building businesses and selling them is more my style.
 
unless you are the donald or want to be him then dont be so big on real estate. thats not what i expected from the rich dad book.
 
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