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Forum » Go ahead. Try to sell me on *not* being an entrepreneur.
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Thread: Go ahead. Try to sell me on *not* being an entrepreneur.

post 1462968593 09-19-2016, 01:44 PM
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Originally Posted By alobri3⏩
Distribution. Buying from manufacture selling to re-sellers.
Dat alibaba lyfe
post 1462969543 09-19-2016, 01:49 PM
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i hope to be able to retire from real estate property in my 30s
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post 1462970993 09-19-2016, 01:57 PM
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I have been trying to retire since 25 as well. Always making plans "retire by 30, then by 35, then 40..." So far no luck. And with time I realize that I don't even want to retire, just have more free time.

Wify is now studying to be a registered dietitian. So I am excited with the prospect of trying to build a business around that.

Want to invest in real estate as well, but know very little about it and don't have the right agent. I tried a few years back a few times and found out that in order to get a good "deal" you have to be in real estate yourself or have a very close fiend as an agent, who will call upon you when a good opp shows up. Otherwise you are picking up scrubs. Since I don't have time or an agent - I am kinda stuck.
post 1462973793 09-19-2016, 02:15 PM
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being an entrepreneur isn't easy. I have been self employed for almost 15 years. I have been wealthy and i have been bankrupt and homeless. Every waking moment of my life is either working or thinking about work. I never know when more business is coming. I don't have a set paycheck. I don't get income tax refunds. etc. It really sucks at times as there are good days and bad days. today has been a crazy roller-coaster from great news/excitement to just awful and wanting to blow my brains out. But I wouldn't have it any other way. I sure as fuk don't want to slave away making someone else rich.
MinisterOfLust: scooterbrah and Mcfreoko are the two worst posters here.
post 1462975603 09-19-2016, 02:27 PM
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Originally Posted By scooterbrah⏩
being an entrepreneur isn't easy. I have been self employed for almost 15 years. I have been wealthy and i have been bankrupt and homeless. Every waking moment of my life is either working or thinking about work. I never know when more business is coming. I don't have a set paycheck. I don't get income tax refunds. etc. It really sucks at times as there are good days and bad days. today has been a crazy roller-coaster from great news/excitement to just awful and wanting to blow my brains out. But I wouldn't have it any other way. I sure as fuk don't want to slave away making someone else rich.
Just wondering, how did you get yourself in to such a situation? Surely you researched investment options when you were on the upswing? If not, head over to r/FIRE for some advice.
post 1462976663 09-19-2016, 02:36 PM
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Originally Posted By Yachty⏩
it's all about failing. you never strike gold the first time. wow. and this, right here, is the peasant mindset. you have to know how to keep trying chit. i cannot count how many times i 'failed'. but it helps when you can even sell those 'failures' for worthwhile money (if they were truly half way decent 'failures')
point is most people fail, forever. you actually have a 20% chance to be mildly successful if you keep at it. and a 5% chance to be super successful. and since you're spending your time posting on the misc, gonna guess you're not in that 20%, let alone 5%.

good luck though! hope ya make it.

make a thread if you do.
My loony bun is fine
post 1462977843 09-19-2016, 02:44 PM
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aren't you into swing trading these days?
Is trading considered entrepreneurship?
post 1462978233 09-19-2016, 02:48 PM
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Originally Posted By alobri3⏩
Distribution. Buying from manufacture selling to re-sellers.
I love the distribution model, it is what I did for 7 years and eventually owned the company I worked for.
You seem to be doing good for yourself & that's awesome.
Race: White
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post 1462978353 09-19-2016, 02:49 PM
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Originally Posted By Benny_Lava⏩
point is most people fail, forever. you actually have a 20% chance to be mildly successful if you keep at it. and a 5% chance to be super successful. and since you're spending your time posting on the misc, gonna guess you're not in that 20%, let alone 5%.

good luck though! hope ya make it.

make a thread if you do.
It irks me when people throw around "chances" like this as if your success is in the hands of the universe and making it is a roll of the dice. It's just an excuse to fail. People who turn failures into knowledge succeed. Where did you even get these numbers from...
I lift therefore I am.
post 1462978553 09-19-2016, 02:50 PM
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I think being an entrepreneur is something some people have the skills for. being a bad salesman doesn't help. However, my passion is about understanding and solving problems in my field. As long as they pay me good for it I'll be happy. I'll also save some money and when everything gets boring I'll open a restaurant somewhere in the world.

Now something to think about is that every entrepreneur I know are some *******s sharing quotes on social media, asking for people to join in pyramid schemes and dressing elegantly.
+++ Colombian brah +++
post 1462978593 09-19-2016, 02:50 PM
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Originally Posted By playsintrafficc⏩
It irks me when people throw around "chances" like this as if your success is in the hands of the universe and making it is a roll of the dice. It's just an excuse to fail. People who turn failures into knowledge succeed.
It is though. Ever heard of the normal scale?
post 1462979193 09-19-2016, 02:54 PM
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#102
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Originally Posted By TypicalGamer⏩
It is though. Ever heard of the normal scale?
It's BS though. Statistics talks about everyone else. You are whatever you choose to be. I know people I would expect to fail at everything, and people who turn everything they touch into gold. The difference is drive and mindset, not external factors. If you go into a venture like "well I've got 20% chance of succeeding" you're doomed to wage slavery already. When I started my business my mindset was "I fukking know this will work, and I will eat ramen and spend every fukking dime I have till I'm old and grey until I make this fukking work." What were my chances?
I lift therefore I am.
post 1462980023 09-19-2016, 03:00 PM
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Originally Posted By playsintrafficc⏩
It's BS though. Statistics talks about everyone else. You are whatever you choose to be. I know people I would expect to fail at everything, and people who turn everything they touch into gold. The difference is drive and mindset, not external factors. If you go into a venture like "well I've got 20% chance of succeeding" you're doomed to wage slavery already. When I started my business my mindset was "I fukking know this will work, and I will eat ramen and spend every fukking dime I have till I'm old and grey until I make this fukking work."
If you think this way chances are you are already in the 20%. Even things like drive and mindset can be mapped on to a normal curve, if you look at data you would find 60% fall in to the mildy successful/procrastinating area, 20% absolutely can't be bothered or too depressed to do much, 20% who are high achievers and 5% who are mega-driven. There's no escaping it, look up the normal distribution if you don't believe me
when you take a bunch of random numbers from almost any distribution* and add them together, you will get something approximately normally distributed. The more numbers you add together, the more normally distributed it gets.
post 1462980263 09-19-2016, 03:02 PM
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Originally Posted By quadfecta⏩
"Your time is limited, so dont waste it living someone elses life. -- Steve Jobs

Twenty years from now you will be more disappointed by the things that you didnt do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch thetrade windsin your sails. Explore. Dream. Discover. -- Mark Twain
trade winds

trade





















TRADE














Miscers on suicide watch
post 1462981873 09-19-2016, 03:15 PM
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its a matter of time. how much time will you waste trying to become an entrepreneur. some people make it, some don't. logically if you're pursing a degree at the same time then thats good to have a backup but usually this isnt the case.
L.A. LAKERS
post 1462982113 09-19-2016, 03:17 PM
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Originally Posted By KillahJon⏩
aren't you into swing trading these days?
Is trading considered entrepreneurship?
Lol. That is just me reinvesting some of the funds I have been making from my entrepreneurship. I don't like money just sitting around. If I can reinvest for any remotely worthwhile profit/ROI, it increases my earnings (you dont say! lol). I've got some big financial goals and whatever I can do to reach them, I will. But investing is again -- only because my entrepreneurship is going very well. It's what im currently doing to try to increase my earnings. nothing more, nothing less. and if i lose, atleat its a solid tax writeoff! but thats obviously not my goal. playing it safe and so far so good.
post 1462984653 09-19-2016, 03:36 PM
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Originally Posted By alobri3⏩
Sure thing. Same here. Never worked "for" someone and always found ways to make it. Took more then a few tries, but I think I finally am on a right track since about 5 years ago.

My quarter so far:

how come you can't retire if you are making that much? also, how did you stumble into this business model? im a FT affiliate marketer, but **** is too volatile. id like to invest in real estate or another biz model
post 1462985003 09-19-2016, 03:39 PM
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Originally Posted By theprodigyx⏩
how come you can't retire if you are making that much? also, how did you stumble into this business model? im a FT affiliate marketer, but **** is too volatile. id like to invest in real estate or another biz model
everyones different but i'm assuming he's like me and he's trying to hook up the immediate family (lower/eliminate their financial stresses), live the goat life, and he knows it can fluctuate/theoretically 'disappear tomorrow', so trying to set himself up for life. and a good lifestyle...for life. thats where im at basically. i think most entrepreneurs shoot for the moon, thats just who most of us are.
post 1462985503 09-19-2016, 03:43 PM
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Originally Posted By Yachty⏩
everyones different but i'm assuming he's like me and he's trying to hook up the immediate family (lower/eliminate their financial stresses), live the goat life, and he knows it can fluctuate/theoretically 'disappear tomorrow', so trying to set himself up for life. and a good lifestyle...for life. thats where im at basically. i think most entrepreneurs shoot for the moon, thats just who most of us are.
makes sense, just was asking since he claimed he 'can't'. what do you do btw? what kind of biz? ive been an entrepreneur my whole life. have had 30k months, and have had 0k months. lately been making a lot of stock investments but would really like to get into property.
post 1462987233 09-19-2016, 03:56 PM
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Originally Posted By theprodigyx⏩
makes sense, just was asking since he claimed he 'can't'. what do you do btw? what kind of biz? ive been an entrepreneur my whole life. have had 30k months, and have had 0k months. lately been making a lot of stock investments but would really like to get into property.
i'd like to get into property in the near future as well. again i just prefer my money be 'doing something' not just sitting in a measly 1% savings account at best lol.


I built/own/operate a few popular websites that i continue to upkeep, optimize, and ideally grow/improve. Everything i do is related to building websites and attempting to have them gain traction, then if they gain traction i continue to do everything myself/make them grow. So programming/internet marketing/basic server upkeep for webhosting related stuff to keep it all stable/legit and secure/SEO/web design/etc. Not a pro at it all, but pretty well versed in each field, allowing me to innovate ideas/identify market gaps, and actually make it, then try to grow it. das it mane.

as you're well aware, this chit fluctuates. so while things are going very well right now and id be super stoked to make half this for the rest of my (working) life, i simply know thats likely not going to be the case. so what i do now is a) try to increase those earnings duh and grow the current sites and b) build/increase new unreleated revenue streams so im less dependent on the current ones in case any tank for any reason.
post 1462987813 09-19-2016, 04:00 PM
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Originally Posted By Yachty⏩
i'd like to get into property in the near future as well. again i just prefer my money be 'doing something' not just sitting in a measly 1% savings account at best lol.


I built/own/operate a few popular websites that i continue to upkeep, optimize, and ideally grow/improve. Everything i do is related to building websites and attempting to have them gain traction, then if they gain traction i continue to do everything myself/make them grow. So programming/internet marketing/basic server upkeep for webhosting related stuff to keep it all stable/legit and secure/SEO/web design/etc. Not a pro at it all, but pretty well versed in each field, allowing me to innovate ideas/identify market gaps, and actually make it, then try to grow it. das it mane.

as you're well aware, this chit fluctuates. so while things are going very well right now and id be super stoked to make half this for the rest of my (working) life, i simply know thats likely not going to be the case. so what i do now is a) try to increase those earnings duh and grow the current sites and b) build/increase new unreleated revenue streams so im less dependent on the current ones in case any tank for any reason.
word. good stuff brah, keep it up and agreed, i don't like seeing cash sitting around. only want a few months of emergency cash. im going to shoot you a pm if you don't mind.
post 1462987933 09-19-2016, 04:01 PM
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Originally Posted By theprodigyx⏩
how come you can't retire if you are making that much? also, how did you stumble into this business model? im a FT affiliate marketer, but **** is too volatile. id like to invest in real estate or another biz model
The screen shot I posted is not how much I make, rather the company. It is still subject to taxes. I am also a partner and not a sole owner. I "stumble" on this 15 years ago and developed the business for that long. Had a few other ventures as well, and will have more soon as well - but none as successful.

As I mentioned, real estate is what I want to get into as well.....just need to find the right people - not easy man.
post 1462988253 09-19-2016, 04:04 PM
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Originally Posted By theprodigyx⏩
word. good stuff brah, keep it up and agreed, i don't like seeing cash sitting around. only want a few months of emergency cash. im going to shoot you a pm if you don't mind.
yeah sure. i wont give out many/any details on what i do specifically but im down to help where i can and pass on whatever knowledge i can offer
post 1462989543 09-19-2016, 04:15 PM
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You just need big cojones my friend. Understand that friends now probably once be your friends once you made it because the don't have the balls to move forward and do what they want. Hence the 90% hating posts on this thread. Not to many people have the balls to try and almost nobody has the balls to fail and try again. Its a select few that can do this. Its lonely at the top, people will drag you down , spit on you but if you put your mind to it you can do anything.
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post 1462990143 09-19-2016, 04:19 PM
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#115
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it's not for everybody, some people don't like that uncertainty

brb working every waking moment for at least several years
brb 80% chance of failure and working hard for nothing
brb having to take loans and having angel investors to help bail you out


I think the number one thing you need to have, obviously aside from some business savvy and being able to communicate and network with people is passion. You need to be VERY passionate and hungry about what you are doing and absolutely believe in what you are trying to push. If you aren't, you aren't going to be able to put in the work necessary, you aren't going to be able to deal with dark times and you are just more likely to give up and it was just a colossal waste of time. Having the motivation is a very key factor
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post 1462990193 09-19-2016, 04:20 PM
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Originally Posted By alobri3⏩
The screen shot I posted is not how much I make, rather the company. It is still subject to taxes. I am also a partner and not a sole owner. I "stumble" on this 15 years ago and developed the business for that long. Had a few other ventures as well, and will have more soon as well - but none as successful.

As I mentioned, real estate is what I want to get into as well.....just need to find the right people - not easy man.
Thanks for the inspiration dude
post 1462990453 09-19-2016, 04:22 PM
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Nobody wants to be an entrepenuer, what everybody wants is mad cash in the bank, F U MONEY.

If you don't need to spend 12 hours a day working to achieve it..... then don't. No medals for working stupidly hard.

This is why its better to get a decent job first, save your money, invest in property and slowly build your empire over 20 years or so.

Eventually you'lll have enough money coming in you can retire early.

This doesn't take much effort, a little reading in the evening, some time at the weekends.

Never start a high risk business that takes crazy work. Decent job is the best way to start.
The future will come by itself, progress will not
post 1462999083 09-19-2016, 05:30 PM
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Sounds like some people read their first self-improvement book

Brb waking up at 6am to make ******** posts about the hustle or some ****
Can't discipline the Miscipline
post 1462999493 09-19-2016, 05:34 PM
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Originally Posted By Miscipline⏩
Sounds like some people read their first self-improvement book

Brb waking up at 6am to make ******** posts about the hustle or some ****
There's plenty of people like that. Fortunately I am not one of those people. I am speaking from first hand experience and a lifestyle dedicated to it.
post 1463000593 09-19-2016, 05:43 PM
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Originally Posted By Yachty⏩
Yeah. and if you keep that mindset, it will. it has an impact on your social life for sure. atleast it did for me (seeost count)
How the **** do you think you are going to be an entrepreneur when you are in your mid 20's and spend all day on the misc vs tending to your business?

Dont talk about it. Be about it.
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