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Old 4th June 2008, 1:53 PM   #61
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I could go to work tomorrow for just about any local company in my field.
I do have 2 other businesses that I do part time..... so could also focus on those and have them grow.
I could go back to construction/remodeling. (I have been turning down several jobs recently in this field)
I used to own a paint company.... could go do that.
Worst case scenario I would average $15 an hour.
I know plenty of rich people that need their toilets scrubbed.
I can go clean up at a turkey farm (**** picker) for $12 and hour
Of course there is always the porn industry....
and crack sales.
I certainly could get a reg. job at a big box store without a doubt or a service industry job.
What if your part-time businesses don't grow? What if they plummet head-first to the ground?

How stable is construction? I know it isn't very stable based upon what the guys I know that do it here say. Could be different where you are.

$15/hr...if you had to go back to that, yeah, but...had you a degree, you wouldn't have to. Most people with degrees don't make $15/hr. They don't even start anywhere near that. It's much higher.
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Old 4th June 2008, 1:56 PM   #62
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You are right, but as I said to Trialbyfire, there are things you could have learned in college that maybe you wouldn't have learned otherwise. I think there are many great business owners as well as many crappy ones...with or without degrees.

On an unrelated yet maybe partially related note, I just bought a house not too long ago. My college offered a course in real estate. Had I not taken that class, the whole home-buying experience would have been a lot more terrifying & blind to me. There are courses one can take in college on how to start and run a successful business...
See this is amazing to me.

Take a course on buying a home. I can understand researching the local market, researching current loan options, looking into local property rights and taxes...... but to take a course?

I also run a NPO.... no course, no lawyers involved in starting it - including that crappy application you have to fill out that is so much fun.... goodness and all that tax filing yearly and lic. and projected earnings.....

I don't get it.

But this is why maybe because of the way you are wired you believe that every other person is wired like you ,and needs a course to buy a home or start a business.

Some of us don't.
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Old 4th June 2008, 2:03 PM   #63
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See this is amazing to me.

Take a course on buying a home. I can understand researching the local market, researching current loan options, looking into local property rights and taxes...... but to take a course?

I also run a NPO.... no course, no lawyers involved in starting it - including that crappy application you have to fill out that is so much fun.... goodness and all that tax filing yearly and lic. and projected earnings.....

I don't get it.

But this is why maybe because of the way you are wired you believe that every other person is wired like you ,and needs a course to buy a home or start a business.

Some of us don't.
Do you own a home? If so, how old were you when you bought it?

There are things you can learn from a course that you can't learn from books or on the internet.
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Old 4th June 2008, 2:06 PM   #64
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What if your part-time businesses don't grow? What if they plummet head-first to the ground?

How stable is construction? I know it isn't very stable based upon what the guys I know that do it here say. Could be different where you are.

$15/hr...if you had to go back to that, yeah, but...had you a degree, you wouldn't have to. Most people with degrees don't make $15/hr. They don't even start anywhere near that. It's much higher.
Construction is so good here I expect a check for 10 g's tomorrow.

Here a MBA can earn you $34.50 per hour.

I can go get on my tractor and bush hog a field for $50 an hour today.
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Old 4th June 2008, 2:06 PM   #65
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$15/hr...if you had to go back to that, yeah, but...had you a degree, you wouldn't have to. Most people with degrees don't make $15/hr. They don't even start anywhere near that. It's much higher.
One of the things as a business owner I have been able to accumulate is real estate...

I have a couple of property companies that buy rental property and keep it rented.. including the same building I'm in now..
My one company ( the one that employs people ) pays rent to another company that I own that owns the real estate..

If this company fails then me not having a degree isn't going to have as much impact on me becuase owning a company gives me resources that I wouldn't normally have.
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Old 4th June 2008, 2:07 PM   #66
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If a business owner lacks certain skills or doesn't have the time to put towards everything, they can always hire the expertise. I don't bother doing my taxes. I use a CA to take care of those needs. If I need legal help, I contact my lawyer.
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Old 4th June 2008, 2:07 PM   #67
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Construction is so good here I expect a check for 10 g's tomorrow.

Here a MBA can earn you $34.50 per hour.

I can go get on my tractor and bush hog a field for $50 an hour today.
and do you get a 401k, pension, benefits?
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Old 4th June 2008, 2:09 PM   #68
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One of the things as a business owner I have been able to accumulate is real estate...

I have a couple of property companies that buy rental property and keep it rented.. including the same building I'm in now..
My one company ( the one that employs people ) pays rent to another company that I own that owns the real estate..

If this company fails then me not having a degree isn't going to have as much impact on me becuase owning a company gives me resources that I wouldn't normally have.
I'm very young but I own a home...much to do with my financial situation due to having the degree I have...and also to do with the relevent courses I took in college. Not to say uneducated people can't make money, they CAN, however had I not a degree, I don't think I would be 26 and owning a home right now...in New York of all places, which has insanely high prices real estate (and I don't mean upstate NY).
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Old 4th June 2008, 2:10 PM   #69
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Do you own a home? If so, how old were you when you bought it?
There are things you can learn from a course that you can't learn from books or on the internet.
Taking a course was a good thing for you..
Buying your first home can be tough if you don't know things or have the right people looking out for you..

I bought my first home when I was somewhere around 23-24..
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Old 4th June 2008, 2:10 PM   #70
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Do you own a home? If so, how old were you when you bought it?

There are things you can learn from a course that you can't learn from books or on the internet.
We're simply country folk......

I built my first home when I turned 26....

Bought my Mom's home at 32, and just finished building our new home.....I'm 40 and haven't taken one course.......

But then again......I've stayed in COUNTLESS Holiday Inns.....
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Old 4th June 2008, 2:11 PM   #71
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Do you own a home? If so, how old were you when you bought it?

There are things you can learn from a course that you can't learn from books or on the internet.
1st home I bought I was 23- 24 years old.
Home 2 followed.
sold 2 years bought again
home 3 sold
property bought to build - will sell likely without building.
now with H in his home


There are many things you can learn from real life... more so than in a course, a book, or on the internet.
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Old 4th June 2008, 2:14 PM   #72
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and do you get a 401k, pension, benefits?
no I don't get those benefits.... however I am stuffing money away for that rainy day.. including a couple real estate venture.... commerical land.

Then again your "Enron" could happen to you.... or a big crash.
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Old 4th June 2008, 2:15 PM   #73
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Old ppl trying to apply the situation when they were young to the situation now just doesn't work.
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Old 4th June 2008, 2:15 PM   #74
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1st home I bought I was 23- 24 years old.
Home 2 followed.
sold 2 years bought again
home 3 sold
property bought to build - will sell likely without building.
now with H in his home


There are many things you can learn from real life... more so than in a course, a book, or on the internet.
good for you...but, I am sure where you live housing prices are a lot lower. Not sure what that has to do with me taking a course or not, but houses here are very expensive. Most people in the NY metro area are not buying houses @ 26 years old. Too much for them to afford.
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Old 4th June 2008, 2:15 PM   #75
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We're simply country folk......

I built my first home when I turned 26....

Bought my Mom's home at 32, and just finished building our new home.....I'm 40 and haven't taken one course.......

But then again......I've stayed in COUNTLESS Holiday Inns.....
gosh I stayed in one of those and the next day I was able to change the brake pads on my car!! I love H-Inns!!
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