Start a business: Make 10s -> 100s of millions, possibly billions.
- Thread starter Mr Uncle Leroy
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Crazy, a thread about Eazy-E fukking guys in the ass goes 36 pages, but we would be lucky if this thread gets 10 posts. I expect this thread to fall to the bottom of the page.
I think the idea of starting your own business always gets stuck in the theoretical/planning stage for most people. A lot of "work for yourself" and "don't work for others" gets thrown around.
Can't really ignore the need for three things: start-up capital, hard work, and knowledge & expertise.
I think the idea of starting your own business always gets stuck in the theoretical/planning stage for most people. A lot of "work for yourself" and "don't work for others" gets thrown around.
Can't really ignore the need for three things: start-up capital, hard work, and knowledge & expertise.
Yeah. That's why many new businesses fold within the first year, people lack the know-how even though they may have a good idea. I won't necesarily say you need a degree but a management course at the very least could do you good. In my first year of college I was lucky enough to participate in a 3 month course funded by the EU within their HR development programs. What it was is basically a very detailed simulation of running an IT company, coordinated by people from an actual, fairly big IT company. You would basically take control of all the departmens (production, R&D, sales etc.) and would be presented with various scenarios and variables, make decisions, and then be showed a detailed analysis of the results of your decisions. It was really interesting/helpful and I won some prize money too.
Yeah. That's why many new businesses fold within the first year, people lack the know-how even though they may have a good idea. I won't necesarily say you need a degree but a management course at the very least could do you good. In my first year of college I was lucky enough to participate in a 3 month course funded by the EU within their HR development programs. What it was is basically a very detailed simulation of running an IT company, coordinated by people from an actual, fairly big IT company. You would basically take control of all the departmens (production, R&D, sales etc.) and would be presented with various scenarios and variables, make decisions, and then be showed a detailed analysis of the results of your decisions. It was really interesting/helpful and I won some prize money too.
This is one of the pics from the Inc.com link:
So, I think people don't realize how hard it is, and Inc.com's advice is amateur at best. Probably more steered towards the mlm and affiliates crowd.
The nature of Civil Engineering, guarantees that I will eventually open my own Engineering Firm.
Can't believe how many got suckered into MLMs with promises of instant riches. I'm all for 'seizing the day' or whatever, but the rule of thumb not just in business but in life is that if it seems to good to be true, it is.
I don't want to give the impression Inc.com is only about mlm or is even pushing mlm, but you would think mlm or affiliate programs would not be part of a serious discussion on business.
What about you? Are you gonna do consultant work mostly?
O.iatlhawksfan
Devoted Joel Embiid hater
That's why I'm majoring in economics. fukk working for someone else for the rest of your life. I'm gonna work for a few years, get some experience and stack a little $ and after that I'm working for myself.
Exactly my plan!!
That's why I'm majoring in economics. fukk working for someone else for the rest of your life. I'm gonna work for a few years, get some experience and stack a little $ and after that I'm working for myself.
nikkas my age dont hear me tho
Everybody says this my nikka. It's not that easy. Especially when you're black.
See.
This. You forgot to add a little luck too. Most business owners, if they're honest, will admit that luck played a role in their success. A good network doesn't hurt either.
I agree. But I think MLM has it's place for some people. I've met a bunch of the top black earners for Primerica (I'm not in the company or affiliated with them professionally in any way) and it seems to have worked out well for them. A lot of those dudes are caking. Granted, they had the benefit of getting in on the ground floor, which is everything when it comes to MLM, but they're still caking. I wouldn't do it personally, but I don't knock em if they made it work. It's not an easy gig.
Those articles don't say how to create a successful ponzi scheme considering that's how most people make 10's to 100's of millions in this country.
For real. That's why I don't even trip when I meet MLM nikkas at the top of the pyramid:
*Pulls up to the gated community of an MLM bigwig.*
*Puts in access code and drives up to a big ass house.*
*Stops in front of the driveway and contemplates the fact that in order for this MLM nikka to make his money, thousands of people put in work and either lost money or made peanuts.
**Realizes that American capitalism works the same way
**Plots on how to get to the top of the pyramid
*The game is rigged brehs.
