11-30-2005, 08:55 PM
Feersty Wrote:Wanna get rich quick....? Own your own business. It never fails but you gotta work your ass off.
Running your own business is by no means a get rich quick scheme. If it was, then everyone would be doing it. Many people that do own small businesses are not rich, but working for yourself and doing something you believe in is much more important than slaving away as an office drone until you retire. I have also heard a lot of small businesses owners say they wish they had the security of a regular salary and a desk job, however. To each his own - most small businesses will fail, and dont make it, especially restaurants. Its high risk and if its poorly managed you wont cut it. I'd like to get myself in a position professionally where I can walk away from it without any worry - and still be able to come back if whatever I decide to do doesnt cut it, or I just dont like it. Starting on your own, you pretty much spend the first 3-5 years without much of anything for yourself, and you'll need to put all the $$ and time back into the business to keep it growing if you want any chance at making it a sustainable enterprise.
All IMO, of course.