View Single Post
  #20  
Old 07-25-2006, 01:16 PM
eurobounce
 
Posts: n/a
Default

Quote:
Originally Posted by 2MinsToPost
i am a bitter man for this reason, and i should not be when it comes to my degree and aspirations in life. when i graduated high school my stepfather and i had a deal. i was allowed to live at home all thru college as long as i worked all thru college to help foot the bill for the tuition and books. upon graduation i would take over his columbus, ohio brake shop which services commercial vehicles, not to mention columbus fire dept (a huge contract). i would also inherit the business. well, i not only held on to my end of the bargain but more, by the time i graduated from college i was a store manager of a one million dollar a year, give or take hundred thousand, retail store (western auto). not to mention my tuition was paid in full. well, upon graduation , and not a month later, my stepfather tragically passed of a heart attack at the dinner table after his favorite meal. what really burns me is he did not take care of his end and he told me he did, you know in case he passed. not to mention he was still married, which we found out after the fact, to a woman whom my mother never knew about.

ok that is too much info. anyways, you bet your butt i will own my own business sometime. i started a painting business but some personal demons got in the way. i am back working retail, nice gig, but i will never be fully satisfied until i wake up in the morning and go to work for myself. i know the hours will be long, but my income will reflect how hard and dedicated i work.

then if i wanna take an afternoon off during the week and lay a couple bucks down on a race, hey ya know i can.
Sad story man. I feel for you. Some advice. If you ever go into a partnership, make sure you are ALWAYS and I mean ALWAYS be the majority owner. Nothing wrong with getting investors, but always, and boy I cannot stress this enough, be the majority owner. Also do your homework on people who want to invest with you. Make sure to only invest with people who can afford to lose $250k and not worry about it. Join as many business clubs as possible, network network and boy NETWORK. Come up with an idea that hasnt been thought of around your city. Look at a up and coming city and see what they are missing that you like. Oh get a good attorney. I mean a really really good one. Dont let the hourly rate they charge you influence who you use. Amazing what the right attorney can get done. Good luck and dont be afraid to fail. You will fail more times than you succeed.

I was almost decided to invest in a cereal bar. Not too many of these in the midwest metropolitan cities
Reply With Quote