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Started a stupid company. Failed.

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Re: Started a stupid company. Failed.

#431

Post by taproot »

timmm wrote: post #417
Baadier_Sydow wrote: post #224

Earlier quoted context omitted.

That's the risks of entrepreneurship. I come from an extremely entrepreneurially inclined family and I vividly remember having sheriffs of the court coming to knock on the door when I was growing. Its not all rosy when you are in the inside. I remember the kids at school were impressed by the big house and nice cars, we had 3 but only 2 driver, but there are other things that happen behind the scenes. Good luck man,…

> That's the risks of entrepreneurship Not in the web world it doesn't have to be. It all comes back to the right way and the wrong way to start your business. The wrong way is by taking out credit, quitting your day job prematurely, spending other people's money, leveraging your family's future, and jeopardizing your mental/emotional well being. The right way is by creating a system that is robust; a job to pay the…

You reaply have no way of knowing this is how it happened for this guy. Id even hazard a guess and say he ran out of his savings cushion and then ran out of credit, cause like, thats what he said in the first 6 words.

I dont know what your trying to add to this conversation but its not helping anyone that reads these forums.

Re: Started a stupid company. Failed.

#434

Post by rufwork »

taproot wrote: post #431
timmm wrote: post #417

Earlier quoted context omitted.

> That's the risks of entrepreneurship Not in the web world it doesn't have to be. It all comes back to the right way and the wrong way to start your business. The wrong way is by taking out credit, quitting your day job prematurely, spending other people's money, leveraging your family's future, and jeopardizing your mental/emotional well being. The right way is by creating a system that is robust; a job to pay the…

You reaply have no way of knowing this is how it happened for this guy. Id even hazard a guess and say he ran out of his savings cushion and then ran out of credit, cause like, thats what he said in the first 6 words. I dont know what your trying to add to this conversation but its not helping anyone that reads these forums.

I think he's just saying that if you let your cash [commitments] get out in front of your business [income], you set yourself up for catastrophic failure. If you rented an office or bought a company car -- or took out a loan -- before you had good income, you made a risky move with consequences.

If you have a 9-to-5 and build up clients on the side to the point that you can eventually replace the regular salary, you win. You let the cash pull you into the business, not the business pull out all of your cash.

Honestly, I've had to sluff off clients on the side because I'd rather keep the "real" job for now. But if I was happy with $25-30k a year to start, I could've already made the move. Be patient, bide your time, don't let the cash get in front of your business, and wait until your business selects you. That's good advice.

Re: Started a stupid company. Failed.

#435

Post by smoofles »

zedshaw wrote: post #195
singular wrote: post #36

Earlier quoted context omitted.

I have for a while thought of you as (total honesty here) a bullying cock (though talented at what you do), but this comment which is sincere, genuine and offered to someone for whom this could be greatly helpful has made me seriously reconsider. Kudos.

Well, here we go again. You'll call me a cock, and then I'll rip you in half verbally, and then you'll forget that you called me a cock and go off telling everyone I'm such a big bad bullying meanie for all the horrible awful things I said to you, and then I'll be crushed by the general opinion all you highly influential meaningful people have about me that I'll... Wait, actually I don't give a fuck what you think. I…

> Wait, actually I don't give a fuck what you think. I'm busy helping people while you're busy calling me a cock. Fuck you.

You so don’t give a fuck that you replied straight away.

But at least you didn’t have to repeat how busy you are helping people, since the poster you so-don’t-care-about-that you-had-to-reply-to specifically called it out as noble, amirite?

Whether the post was ment ironic or not: golfclap

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