ColiEntrepreneurs, You Do Realize that most Small business owners

[BlvdBrawler]

No disrespect to you, my family or friends...but you couldn't pay me 50K a year to work til I'm 65 so I can retire with just enough to pay bills and buy groceries. Yet, most people accept this fate. Time is the most valuable gift and people are wasting it working 40-60 hours a week for someone else for 40 plus years.

That's a pretty small box you've put working Americans in.

 

[HacksawJimThuggin]

As a business owner, honestly, the shyt can be overrated.


There's this big deal about "fukk that, I'm not working for "the man"", I make my own way. But along with that comes inherited stress and headaches. Sometimes I wish I could just do my job, have someone give me a paycheck every two weeks, and not have to worry about shyt else. But then there's those times where I have to leave the office early or come in late because I have to take my mom to a doctor's appointment that day or pick up my pops from the airport, and I don't know how I'd do shyt like that while working a traditional 9-5. So it damn sure ain't for everyone, you have to have a certain mentality to own a business, just as you have to have a certain mentality to excel in the corporate world as an employee.

 

[The Coochie Assassin]

Fair enough, but there is to more to it than the concept of supply and demand. If there is a market for something, odds are there is already someone else in that market. Perhaps they're missing their consumer base for some reason.

And let's also be honest: running your own business is hard work. In fact, I'd say the hardest working people I know are small business owners (in contrast, the laziest are gov't workers in my experience).

If someone isn't prepared to really work their ass off, and in turn often sacrifice things like a social life or family, then they're SOL.

Good point. Most small businesses are just full time jobs that the person just owns. I'd say they went into the wrong business unless they enjoy being a workaholic. Entrepreneurship should be a gateway to freedom for more time to do other things IMO. If you're working 60 hour work weeks to run a small business until you're 65, are you really doing anything differently? The goal should be to work your ass off for the shortest amount of time and cash out so you can retire early.

 

[Robbie3000]

Not Mollywatr and that's what's going to make it a success. Zero experience in the field and hubris.

 

[BigE's Taper Fade]

95% of business fail cause they tried to sell something people didn't want or need Niccas open up a hip hop clothing store in Whiteville, Idaho and wonder why they go outta business in 16 months. I encourage people who want to become self-made to start businesses that will succeed. It's not that difficult to figure out what will not make money.

Fam. It's not really that. It's not that hard to come up with SOMETHING that you can do, given the fact that you can find SOMETHING that people will want to buy. For example , I have no interest in Jamaican food, but I could start a jamaican restaurant where i live because peeople eet that sheet up. But people start them all the time and fail, because they have no idea what kind of capacity, throughput, and processes they need to utilize to keep their costs down nor tdo they know what kind of strategy they need to employ to reach out to people to attract them as customers. Nor do they have the EXPERTISE to do that SOMETHING so well that people are willing to spend their hard earned money on it. If you're going to sell toilet paper on the road, be the best damn toilet paper selling neega on the block just like @LeVraiPapi

 

[The Coochie Assassin]

Fam. It's not really that. It's not that hard to come up with SOMETHING that you can do, given the fact that you can find SOMETHING that people will want to buy. For example , I have no interest in Jamaican food, but I could start a jamaican restaurant where i live because peeople eet that sheet up. But people start them all the time and fail, because they have no idea what kind of capacity, throughput, and processes they need to utilize to keep their costs down nor tdo they know what kind of strategy they need to employ to reach out to people to attract them as customers. Nor do they have the EXPERTISE to do that SOMETHING so well that people are willing to spend their hard earned money on it. If you're going to sell toilet paper on the road, be the best damn toilet paper selling neega on the block just like @LeVraiPapi

The execution of an idea is the most important thing. I agree.

 

[BigE's Taper Fade]

The execution of an idea is the most important thing. I agree.

fair enough
See there's two routes neegaz could take.
They could try to be as unique as possible with a new product or service, which like I said in my original post, requires supreme technical expertise in one area.


Or they could pick something that's been done to death, and use supreme business acumen to make that idea work, and even then they'd still require some basic technical expertise to make that idea work.

Im just saying that tehse colintrepreneurs have life fukked up when they try to give people dumb life advice...neegaz out chea selling tmapons at the club talkking bout they business owners

 

[HacksawJimThuggin]

SMH and right as I type that, the chick that I was supposed to interview at 4:45 for my assistant position now said she can't be here until 5:30 because of her kid or some shyt. So I gotta stay late at the office and also tell this girl I was supposed to kick it with after work that I'm gonna be running late. These dumb ass stresses and inconvenient bullshyt occurrences are things you don't even have to think about when some dude is paying you to just show up, do your job, and go home. Yea, I'm mad

 

[philmonroe]

Fair enough, but there is to more to it than the concept of supply and demand. If there is a market for something, odds are there is already someone else in that market. Perhaps they're missing their consumer base for some reason.

And let's also be honest: running your own business is hard work. In fact, I'd say the hardest working people I know are small business owners (in contrast, the laziest are gov't workers in my experience).

If someone isn't prepared to really work their ass off, and in turn often sacrifice things like a social life or family, then they're SOL.

Its funny you mentioned this Im reading a boom that spoke on this and said if your still working like,this after the business is set up your doing it wrong. Basically the book said in a few years you should be making enough to hire somebody to do the day to day or have it automated. If not you just have a business job or something like that.

 

[LeVraiPapi]

Fam. It's not really that. It's not that hard to come up with SOMETHING that you can do, given the fact that you can find SOMETHING that people will want to buy. For example , I have no interest in Jamaican food, but I could start a jamaican restaurant where i live because peeople eet that sheet up. But people start them all the time and fail, because they have no idea what kind of capacity, throughput, and processes they need to utilize to keep their costs down nor tdo they know what kind of strategy they need to employ to reach out to people to attract them as customers. Nor do they have the EXPERTISE to do that SOMETHING so well that people are willing to spend their hard earned money on it. If you're going to sell toilet paper on the road, be the best damn toilet paper selling neega on the block just like @LeVraiPapi

I always try to be the best at what I do. That's your ticket to success and longetivity. Plenty of fish in the sea but some cost thousands while some cost a dollar

Choose your path right, even if it means getting a new knee

 

[kermit da hustla]

you couldn't be more wrong.


the idea is the easy part. Implementing that idea and getting it moving in the right direction to where it becomes a profitable business venture for you is something completely different.


If coming up with ideas was the hardest part, there wouldn't be nearly as many stoners still getting high on their momma's couch all day, they would have became rich with all of the random shyt they've thought about while high

that's not an idea. that's a whim. i'm talking about an actual, well-conceived idea for a business. there are people out here literally itching to spend money on ideas, and there are channels through which you can connect with them. i agree that implementing the idea takes a level of expertise that the person who came up with the idea may not have, but that does not mean they should abandon the idea. it means they need help, and the help is out there.

 

[Family Man]

have a high degree of technical education, business education...or a supreme expertise in one area or field that they mastered by working for someone else for 15-20 years...

How Do You Plan on telling people to not get degrees, and be a self paid multimillionaire with 4+dimes (the halal way) with no expertise in anything but simping?

you gon reinvent bulletball?

you gon buy gifs? if so, me @ikbm and @We Ready got a whole stockfull to get your inventory started

There is a lot of truth to this.

 

[posterchild336]

Only people that says education doesn't count, are the same ones who say money doesn't mean anything.... The ones hat don't have it.... I always laugh when I see people say this and bash school and talk about being self made like its nothing, when you ask them what they are doing .. It's always I am about to yadi yadi ya...

Yea some uneducated people make it but that's far from the majority, at the end of the day if you don't make it as an entrepreneur you have something to fall back on with an education....