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Old 07-23-2012, 07:57 AM
 
Location: USA
7,478 posts, read 5,799,543 times
Reputation: 12323

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Quote:
Originally Posted by B.B.C.420 View Post
1. Every industry has barrier entries to get into it. This is Business 101. Whether it's money or something else...how any early 20 somethings you know have the funds to start a successful business?

2. Having a job while you start your business is something to fall back. If you quit your job today or concentrate 100% in creating your business and 50/50 chance it will fail...then you have NOTHING to fall back on AND you lose money doing so.

3. It's not complaining nor excuses...it's called reality. Not everybody was meant to run their own business. Not everybody has it in them. Just like not everybody is made to be a lawyer or a doctor. Everybody in life weren't meant for certain things. Just the way life goes.
Thanks - I'd rep you again, if I could.

I am so tired of these "pull yourself up by your bootstraps" types denying reality. Apparently, citing facts, such as the failure rate of small businesses, the immense financial investment needed to get them going (if you intend to make any real money), and the fact that most home businesses are, at best, small sources of extra cash on the side is now "putting up barriers." Yes, facts are barriers to the great dream that each of us fully controls our own destiny - the Just World Fallacy strikes again!

And, for the record, I do sell prints of my artwork online. No, I'm not going to post a link since that would give away my identity, but yes, I do "own a small business" - one that in over a year has yet to produce enough money to pay a month's worth of rent. That's the way the real world works, regardless of one's "go getter" attitude and use of "positive thinking."
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Old 07-23-2012, 09:28 AM
 
Location: DFW
6,801 posts, read 11,791,041 times
Reputation: 5159
Quote:
Originally Posted by B.B.C.420 View Post
1. Most small businesses fail within the first year...therefore you still need something to fall back on.
2. How many unemployed people you know have a lot of money laying around to invest in their business? I would like to open up my own business and the startup costs aren't that huge, BUT I would be fooling myself into thinking there's not some sort of start up investment to get it started.
3. Not every person is destined to become a manager or an owner. Not everybody was made for it.
Some businesses, namely internet/software companies, do not have very high startup costs (but be prepared to work hours and hours on end to get your product working.)
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Old 07-23-2012, 09:36 AM
 
Location: Brooklyn,NY
10,616 posts, read 13,170,004 times
Reputation: 16174
Quote:
Originally Posted by Rambler123 View Post
Thanks - I'd rep you again, if I could.

I am so tired of these "pull yourself up by your bootstraps" types denying reality. Apparently, citing facts, such as the failure rate of small businesses, the immense financial investment needed to get them going (if you intend to make any real money), and the fact that most home businesses are, at best, small sources of extra cash on the side is now "putting up barriers." Yes, facts are barriers to the great dream that each of us fully controls our own destiny - the Just World Fallacy strikes again!

And, for the record, I do sell prints of my artwork online. No, I'm not going to post a link since that would give away my identity, but yes, I do "own a small business" - one that in over a year has yet to produce enough money to pay a month's worth of rent. That's the way the real world works, regardless of one's "go getter" attitude and use of "positive thinking."
Rep here. Most small business do fail. We are often told do what you love and the money will follow, However it never states how much money. One still needs to do important things like live, eat, pay expenses to keep the business running etc. Small part time things usually work in regards to bringing in some side income and it's not a drag if it is something you are passionate about, Like your artwork. Good post.
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Old 07-23-2012, 11:35 AM
 
Location: USA
7,478 posts, read 5,799,543 times
Reputation: 12323
Quote:
Originally Posted by D. Scott View Post
Rep here. Most small business do fail. We are often told do what you love and the money will follow, However it never states how much money. One still needs to do important things like live, eat, pay expenses to keep the business running etc. Small part time things usually work in regards to bringing in some side income and it's not a drag if it is something you are passionate about, Like your artwork. Good post.
Precisely!

I'm a big fan of people having income streams on the side, be it selling artwork, walking dogs, cleaning yards, handyman work, etc. But we need to be realistic about the income that can be generated from such ventures... you're not likely to be able to pay your bills on any of that type of stuff, and barring great luck, any job that could pay your bills falls into the catagory of needing: a lot start-up capital, a lot of luck and connections, and very special skills that can applied to that business. Most folks don't meet any of those requirements, and even if they do, most small businesses fail anyway.
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Old 07-23-2012, 01:38 PM
 
Location: Sunshine Coast, QLD
3,332 posts, read 2,310,424 times
Reputation: 4742
Valid points everyone! BUT I think some of you forgot the OTHER City-Data creed: The employer is ALWAYS right! NEVER EVER question The Employer, as they do no wrong or never behave poorly. It's always YOUR fault, got it? Good.
Now go out there and start your own business- I expect you all to be making six figures by the end of July. Failure to meet that goal can only mean you are lazy. I will NOT take care of you!!!
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Old 07-23-2012, 02:36 PM
 
3,721 posts, read 3,925,309 times
Reputation: 3366
Quote:
Originally Posted by LeaveWI View Post
Valid points everyone! BUT I think some of you forgot the OTHER City-Data creed: The employer is ALWAYS right! NEVER EVER question The Employer, as they do no wrong or never behave poorly. It's always YOUR fault, got it? Good.
Now go out there and start your own business- I expect you all to be making six figures by the end of July. Failure to meet that goal can only mean you are lazy. I will NOT take care of you!!!

Repped
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Old 07-23-2012, 03:39 PM
 
644 posts, read 995,563 times
Reputation: 512
Quote:
Originally Posted by Rambler123 View Post
Thanks - I'd rep you again, if I could.

I am so tired of these "pull yourself up by your bootstraps" types denying reality. Apparently, citing facts, such as the failure rate of small businesses, the immense financial investment needed to get them going (if you intend to make any real money), and the fact that most home businesses are, at best, small sources of extra cash on the side is now "putting up barriers." Yes, facts are barriers to the great dream that each of us fully controls our own destiny - the Just World Fallacy strikes again!

And, for the record, I do sell prints of my artwork online. No, I'm not going to post a link since that would give away my identity, but yes, I do "own a small business" - one that in over a year has yet to produce enough money to pay a month's worth of rent. That's the way the real world works, regardless of one's "go getter" attitude and use of "positive thinking."
Most business owners I know still had a job while their job was gaining its recognition. I don't know too many people who were broke as all get out and unemployed and said, "You know what?! I'm going to open up a business today with NO money!" I don't care what business your getting into, but it's not free to start anything in life.
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Old 07-23-2012, 03:42 PM
 
644 posts, read 995,563 times
Reputation: 512
Quote:
Originally Posted by ragnarkar View Post
Some businesses, namely internet/software companies, do not have very high startup costs (but be prepared to work hours and hours on end to get your product working.)
How many unemployed you know can afford all the high tech software involved to do it though? It doesn't matter what your business is, it requires some investment. I don't care if you're just selling a bottle of flavored water or getting into the repo business, you have to know what your barriers are and how it will cost to get into. When you create your Business Plan this is all apart of it.

For example, I would like to open up my own bakery business someday. Right now it would be convenient for me to sell online like a lot of people do nowadays, BUT...I'm unemployed..so where do you think I'm going to get the money for ingredients(you know how expensive food is nowadays?), how am I going to pay for the monthly cost of my own website(even places like etsy you still have to pay them to use them regardless if you sell anything or not), how am I going to pay for the equipment to make my baked goods, etc.

Especially in some states you're not even allowed to operate in your home, so you have to lease a space to do so...and that costs MONEY.
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Old 07-23-2012, 03:50 PM
 
644 posts, read 995,563 times
Reputation: 512
Quote:
Originally Posted by LeaveWI View Post
Valid points everyone! BUT I think some of you forgot the OTHER City-Data creed: The employer is ALWAYS right! NEVER EVER question The Employer, as they do no wrong or never behave poorly. It's always YOUR fault, got it? Good.
Now go out there and start your own business- I expect you all to be making six figures by the end of July. Failure to meet that goal can only mean you are lazy. I will NOT take care of you!!!
Also to add, "If you speak on your frustration with the way things are going although you made the efforts to do better in life...it's still your fault because you complain and whine too much."

Expressing yourself is "whining" and "complaining."
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Old 07-23-2012, 03:56 PM
 
12,760 posts, read 14,110,686 times
Reputation: 34970
Hmmmmmmmm. I would be inclined to think that if an applicant had gazillion FB friends, that perhaps they had no real social life, with real live human beings.
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