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  1. #1
    Join Date
    Aug 2009
    Location
    Eastern Panhandle WV
    Posts
    12

    Curiosity question

    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.

  2. #2
    Join Date
    Jun 2009
    Location
    Trenton, NJ
    Posts
    66
    Quote Originally Posted by Starflite3 View Post
    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.

  3. #3
    Join Date
    Apr 2001
    Location
    Arkansas
    Posts
    2,111
    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.
    "FIGHT CRIME: SHOOT BACK"

  4. #4
    Join Date
    Mar 2005
    Location
    Houston, Texas
    Posts
    11,873
    Quote Originally Posted by Starflite3 View Post
    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.

  5. #5
    Join Date
    Jan 2004
    Location
    Lancaster PA
    Posts
    68,171
    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.
    Contractor locator map

    How-to-apply-for-Professional

    How many times must one fix something before it is fixed?

  6. #6
    Join Date
    Jul 2009
    Location
    Southern Calif.
    Posts
    110
    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.

  7. #7
    Join Date
    Sep 2007
    Location
    NC Coast
    Posts
    2,604
    Quote Originally Posted by JohnnyB60 View Post
    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!
    Silent Service........ Death From Below!

    Somewhere in Kansas, a town found a village idiot!

  8. #8
    Join Date
    Jul 2006
    Posts
    6,554
    Its a meat grinder.
    You sure are cocky for a starving pilgrim.

  9. #9
    Join Date
    Jul 2009
    Location
    Southern Calif.
    Posts
    110
    Quote Originally Posted by Bubbleheadski View Post
    Damn.... sorry to hear that Johnny!
    Thanks, that was 20 years ago and life has been good since.

  10. #10
    Join Date
    Sep 2007
    Location
    NC Coast
    Posts
    2,604
    Quote Originally Posted by JohnnyB60 View Post
    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!
    Silent Service........ Death From Below!

    Somewhere in Kansas, a town found a village idiot!

  11. #11
    Join Date
    Jul 2006
    Posts
    6,554
    Quote Originally Posted by Bubbleheadski View Post
    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.
    You sure are cocky for a starving pilgrim.

  12. #12
    Join Date
    Jul 2009
    Location
    Southern Calif.
    Posts
    110
    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.

  13. #13
    Join Date
    Mar 2005
    Location
    Houston, Texas
    Posts
    11,873
    Quote Originally Posted by JohnnyB60 View Post
    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.

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