Brolic
High Value Poster
People on social media are acting like you can ball out and go on vacations whenever you want with an LLC.
Im content making more than 60k working a 9-5 for @Another Man.
The average business owner makes around 60k a year.
- Thread starter Brolic
- Start date
People on social media are acting like you can ball out and go on vacations whenever you want with an LLC.
Im content making more than 60k working a 9-5 for @Another Man.
IsThatBrothaMouzone?
Veteran
This 100%.
If the side hustle becomes lucrative enough, then it's the full-time hustle.
Another approach is to make $$$$ working for the Other man and then save up so you can float for a few years while trying to get your own biz started.
Owning is definitely good but it's not for everyone. Some people are good with people but suck with numbers/accounting. Other folks are good with handling money but don't have a natural salesman personality to push their product. We need more Black biz owners but that doesn't mean every breh and brehette needs to be a CEO of LLC Inc.
Customer is always right. I’ve seen business owner kiss peoples asses because they spent $20 bucks in their store and are afraid of a bad yelp review tanking their sales. You gotta pay 9-5 workers 6 figures for the same right.
sayyestothis
Free the guys
Making 60k self employed is equivalent to making 120k w2 income after all ur breaks and shyt...
Wife literally shows ZERO income after just basic LEGAL above board deductions and writing off expenses.
Wife literally shows ZERO income after just basic LEGAL above board deductions and writing off expenses.
Ezekiel 25:17
Veteran
Give me the $120k. I'd save $3,000/month. After 2 years I'd buy a 5 unit apartment and rent each unit for $1200.
So now I got $6k/month in disposable income.
All you have to do is own your own business y'all 
Having worked intimately with hundreds of small businesses, alot of the stuff promoted about ownership is either a myth or exaggerated by the few who have success.
Owning a business is grueling work. And alot of businesses have a finite lifespan meaning that if you don’t hit it big during your run then you’re going to have to figure out your retirement. Its only worth it if it means something to you but I don’t think the masses will ever build wealth that way.
Owning a business is grueling work. And alot of businesses have a finite lifespan meaning that if you don’t hit it big during your run then you’re going to have to figure out your retirement. Its only worth it if it means something to you but I don’t think the masses will ever build wealth that way.
beenz
Rap Guerilla
People on social media are acting like you can ball out and go on vacations whenever you want with an LLC.
Im content making more than 60k working a 9-5 for @Another Man.
I agree. I need the guaranteed easy money with minimal lifting a traditional job provides.
I have no urge to work 80 hour weeks for myself. how is that living?
Nigerianwonder
Superstar
This is nonsense. It's actually the opposite. First If you have a business you are likely working much more than a typical 9 to 5 and 40 hours. On top of that you are paying for your own health insurance and benefits out of pocket. You have no paid vacation days or sick days so if you dont work you dont eat. No 401k match etc. All those benefits a typical corporate job can provide add up.
The Pledge
If it’s a lie, then we fight on that lie.
My goddamn sister-in-law got a LLC a few years ago with no foreseeable income, plan, or clientele. They do that shyt just to say they're a boss on the gram.It make sense when you factor in millions of LLC owners with 0 revenue.
