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Serious question...

Started by MightyDuc Racing, June 23, 2003, 05:43:42 PM

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motard11

#12
 The true zen in life is ballance  ;D I once wantted to be in the motorcycle ind. but I know myself and I cannot mix biz. and pleasure  I dont want to work when events are scheduled. and if I emerse myself in my hobbie it will lose its appeal...that is atleast for me...I know others can do it ..Its just sometimes I have other intrests..Ya know what I mean :D I believe you and I may be alike. I make good money in my job and I cant realy afford to do otherwise. I dont feel Im trapped I just do what Im good at...I like my work..But I dont love it.. I find ballance in doing my job well and that makes me happy..No matter what you choose you will always have some one to answer to boss,customers,partners  you get the idea....Hope some of this helps. Oh did I mention I love to race!!! ;D stay cool and try not to think too much  Motard11 :P

Bernie

Working for yourself is the way to go.  You'll never be prepared for how every moment of your life somehow relates to managing your business, but it is well worth it.  I've been at it for six years, and I'll never be able to work for someone else again.  It is a rush that can't be described to grow a business and make every descision.  Awesome.  If you do it, you'll never be able to go back.  I'd own and operate a lemonade stand before I'd work for someone else again.

spyderchick

Quote I'd own and operate a lemonade stand before I'd work for someone else again.
:o :D ;D You are soooo right.
Alexa Krueger
Spyder Leatherworks
414.327.0967
www.spyderleatherworks.com
www.redflagfund.org
Do or do not, there is no "try".

james-redsv

You might need to rethink a Ducati dealership. The company is in shambles right now and most if not all parts are on back order with no end in sight. Dealers are closing left and right. How can you run a dealership when you cant get bikes and parts for your customers? I think the a repair shop is the way to go. You will be still be able to get stuff from Lockhart, Parts unlimited, and Tucker Rocky if you are just a repair shop. 90% of bike accressories come from those venders. You will also be able to get OEM parts from other dealers at a discount if you are real nice. I have been kicking this around too, but right now my main business is booming so I dont need to do it at this time. ::) Oh, another thing, If you can swing it without partners you will be way better off. In a nut shell, partners suck! I have had partners and I know people who have had them in business ventures and it almost never works out. ;D

motard11

 The reason partners in biz. is so difficult is they can never put in the same effort aka ;partners suck ;D

MightyDuc Racing

What do you guys do?  Any suggestions on a biz I can start up and make enough to get by right away and grow into making more cash?  Need like $4-5K to get by.  ideas?
MightyDuc Racing
CCS AM #944 - Florida Region
Ducati 944 Superbike
www.mightyducracing.com
www.cycletires.com
Sponsors:
Tomahawk Tires, Dunlop, AGV, Superbikes & Ski, SW Medical Supply, BCM

motard11

 Have you tryed collecting alluninum cans???? ;D

MightyDuc Racing

I drink enough diet vanilla coke to start. ;D
MightyDuc Racing
CCS AM #944 - Florida Region
Ducati 944 Superbike
www.mightyducracing.com
www.cycletires.com
Sponsors:
Tomahawk Tires, Dunlop, AGV, Superbikes & Ski, SW Medical Supply, BCM

Bernie

QuoteI drink enough diet vanilla coke to start. ;D
Dang!  You are a tough guy! ;D

james-redsv

When starting your own business be prepaired to make little to nothing the first year or two. You have to pay your dues, you wont make a killing right off the bat. You might wont to look into a business that is for sale, already has customers and income. There are lots of business for sale with owner financing when the owners are ready to retire. I have been building surfboards for the last 20 years and when we first started we didnt make hardly anything. We also still lived at home with our parents, couldnt afford a place of our own. Now 20 years later I have a house within 5 years of being paid off and Im putting in a inground pool and spa in the back yard this summer as well as sponser myself racing. Business is good but it takes time to build customers. If you need 60k a year to live you arent going to find that working for someone else or working for yourself right off the bat. You would be wise to expect lower income when first starting your business or starting a new job, no one starts at 60k a year and I mean no one except a doctor  ;D