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Originally Posted by JohnnyB60 Sorry, I was just trying point out other aspects of running you own business. Like things that you don’t think of when you young and strong, I never got sick and medical benefits just where not on my mind. Nah man i m sorry , thats just something no parent ever wants to think about. I told my kids im going first and leaving them with lots of bills
Originally Posted by old_fart The woman I moved to be near wants me to sale my boat--she sees it as a another woman, my dog dont like her! Thats what you get for betraying your best friends trust! Should have taken her dislike for the woman as a sign. Now I find myself wondering everyday if I should just sale out, take the lost, find a job with a local company, dump the woman or move to Alaska with my dog and go fishing. I am the type guy that could live in Alaska with my nearest neighbor being 50 miles away and thinking damn the neighborhood is gettin crowded. In my mind running your own business sounds alot better than working for someone else but you have to make it your life! Dump the woman. Buy a new motor for the boat. Take the boat, the new motor, your dog, and Move.
Originally Posted by Fuji Sure, you want to work for yourself, but does yourself want to work with you? Think about that. Reminds me of the line "You can't help yourself, because your self sucks!".
Originally Posted by Starflite3 I am interested to know how many on this forum are in business for themselves and how many work for someone. I am considering working for an outfit here locally, but would really like to work for me. The reason for working for someone else would be to gain more experience and knowledge. Then go to work for myself. Become competition for the ones that train me, essentially. I think there is a morality problem with that! Just curious, Dan. Maybe that is one of the many reasons why companies are reluctant to hire newbies. Although it might take a few years to get some experience, they probably expect some of them to try to make it on their own. Now all of a sudden they have more cut throat competition. On the other hand if they were to find a tech that has been doing this job for 10 years they would probably be confident that he would stick around. That is if the pay were right.
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Think long and hard I retired from the military at age 37, took 5 years off and went fishing, got bored and went to work for a company as an installer. Enjoyed it alot-I could because I was single except for my dog (my fishin buddy) and had retirement and investment income. They stated me at $8 per hour--within a year I was in charge of one of the two install teams making 10 bucks an hour. Worked for them for 5 years, mostly residential and commercial geothermal. Then I met a woman online, relocated to be near her. Attended the local community college and used my GI education benefits and obtained a 2 year degree in Climate control technologies and 2 year degree in gen business. Upon graduation I started my own company, my intentions were to do work that I wanted-when I wanted ( had to get my fishin in) but soon found out that the overhead I was carrying pushed me to work more than I wanted. Either quit or go full bore! Even with my retirement, investments and medical care from the VA it is difficult. To help during these trying times I have started installing windows, doors, insulation and doing weatherization/ energy audits for the local utility company. I really enjoy the work but hate the people aspect of the business end. Up until the recession/depression I was seeing a return on my investment, now I am starting to loose ground and this current health care issue has me hesitating to hire anyone full time. The woman I moved to be near wants me to sale my boat--she sees it as a another woman, my dog dont like her! Thats what you get for betraying your best friends trust! Should have taken her dislike for the woman as a sign. Now I find myself wondering everyday if I should just sale out, take the lost, find a job with a local company, dump the woman or move to Alaska with my dog and go fishing. I am the type guy that could live in Alaska with my nearest neighbor being 50 miles away and thinking damn the neighborhood is gettin crowded. In my mind running your own business sounds alot better than working for someone else but you have to make it your life!
Think long and hard
Consider me another pee-on who works for the man. Medical, when I'm done working I'm done working (well, most times) it's not a 24/7 job for me. I could go on and on. I also love fixing machines, and hate dealing with people and paperwork. Don't get me wrong, I'm glad guys start their own gig so saps like us can slave away and make them right, just takes a certain kinda guy to want to even attempt all of that headache.
Insurance, that's the main reason I work for the other guy.
Originally Posted by JohnnyB60 I never got sick and medical benefits just where not on my mind. Ain't that the truth. My first 50 years were smooth as silk. Never gave health insurance a second thought. The last 5 haven't been kind to me. Gall blader,heart attack,liver,thyroid. No insurance for me. I waited too long, I was never going to get sick. If you're going to go it on your own,expect the unexpected.
Sorry, I was just trying point out other aspects of running you own business. Like things that you don’t think of when you young and strong, I never got sick and medical benefits just where not on my mind.
Originally Posted by Bubbleheadski Still.... wouldnt want to have to go through that....... Glad things look good now! I cant even think about it, sorry brother. Your a better man than i am.
Originally Posted by JohnnyB60 Thanks, that was 20 years ago and life has been good since. Still.... wouldnt want to have to go through that....... Glad things look good now!
Originally Posted by Bubbleheadski Damn.... sorry to hear that Johnny! Thanks, that was 20 years ago and life has been good since.
Its a meat grinder.
Originally Posted by JohnnyB60 I had my own business for 10 years and finaly had to give it all up. I just wasn’t the business type and I only wanted to work 40 hrs a week with weekends off. It’s also nice to have medical, I had three kids as a contractor and it cost me a bundle for medical expenses. In my 10th year I had a baby die and the cost to keep her alive for one month was devastating. My clients dropped me like a hot potato when I didn’t show up on time because I had to go to rush to the hospital. For me working for a large employer was a godsend. Damn.... sorry to hear that Johnny!
I had my own business for 10 years and finaly had to give it all up. I just wasn’t the business type and I only wanted to work 40 hrs a week with weekends off. It’s also nice to have medical, I had three kids as a contractor and it cost me a bundle for medical expenses. In my 10th year I had a baby die and the cost to keep her alive for one month was devastating. My clients dropped me like a hot potato when I didn’t show up on time because I had to go to rush to the hospital. For me working for a large employer was a godsend.
Too much to know, to learn it all in school. Work for someone else first. And while your working for them and learning the mechanical end of the trade. Also take business courses. Knowing when and how to change an HSI, doesn't mean you know what to charge for it. Or if you made money on it. As long as you don't take an employers customer list with you. No moral problem. One man show.
Originally Posted by Starflite3 I am interested to know how many on this forum are in business for themselves and how many work for someone. I am considering working for an outfit here locally, but would really like to work for me. The reason for working for someone else would be to gain more experience and knowledge. Then go to work for myself. Become competition for the ones that train me, essentially. I think there is a morality problem with that! Just curious, Dan. You need to have about five years worth of savings put away first. If you last five years, you'll probably make it. Working for yourself is not for everyone. You should know if your gonna make it in the first 12 months. If you don't make it, it's nothing to be ashamed of. It just happens.
Get ready to put in a lot of hours. I was self but retired the first of the year. I have put in up to 40 hrs with out sleep. Granted that was special occasions but I was the contractor.
Originally Posted by Starflite3 but would really like to work for me Sure, you want to work for yourself, but does yourself want to work with you? Think about that.
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