/biz/ - Business & Finance

>>52618386
God you're just the biggest nigger on /biz/
However much you get paid by this israeli faggot it can't be much jews don't like paying anyone.

>>52618386
>want to start a business
>no clue what to do
>know there are places not to ask
>ask on those places where to ask
just be thankful your autism has gotten you as far as it has

>>52618389
I made my post specifically because I tried out Tate's shitty program thinking maybe there'd actually be something new or interesting in it.
Nope. Same fucking bullshit where a guy my age makes videos for kids in the 20-24 year old range telling them how to seduce women, all the while claiming to have a bunch of money nobody's ever seen. And the "general chatroom" part of his program is literally just college kids posting pictures of themselves flexing at the gym.
That's all great when you're just starting out in the world, I guess.
>>52618411
Where do I ask then? Because I like using the Internet but it feels like there's not a single adult out there.

You're too old to be asking questions like that.

Start a business related to something you're passionate about. It might not succeed, but the next one or the one after might.

>>52618386
Do you really need to start a business? How much would you have in savings if you kept saving and investing at average stock market returns until you retire?

>>52618430
>Where do I ask then?
seriously?
>knows not to ask here
>asks here again
try lemonparty.org, idk

>>52618386
>where can I find instructions on how to achieve top 0.1% wealth
>I have nothing to offer in exchange for this advice
>oh ya and I only want to look in online communities for awkward nerds
Anyway, the answer to your question is dinner parties and social events, but good luck finding your first 'in', and good luck not being immediately sniffed out as a conniving, wheedling parasitic striver by everyone else there.

>>52618479
Lemonparty is absolutely the best information on financial investments you can get make sure it's lemonparty.org though not .com that's something stupid about lemons.

>>52618444
I make roughly 200k per year after bonuses before tax working as an actuary. It's fairly boring but it pays fine. I have about $1 million in savings mostly from lucky investments when I was younger and my house is paid off. If I worked another 30 years or so, I could probably retire with close to $10 million in today's money value and then pass that on to my kids. And that's good, but I still have a strong desire to make more and to do so while still fairly young. It feels like a business is the best way to do that.

>>52618441
>You're too old to be asking questions like that.
It certainly feels that way. But as someone who works in insurance, I can't just start my own insurance carrier without something like $20 million+ in cash just to meet regulatory requirements. Due to having a full time job and kids, it's not like I can just dedicate 8+ hours a day to applying my skills towards a new business either. Quitting my current job would be suicide as well as my salary is great and there's nothing necessarily wrong with it.

So what kind of business could someone in my position even possibly start?

>>52618483
I have a few very close friends from previous jobs and university that I've kept in touch with, and there's the parents of kids who go to my kid's school as well, but all of them seem content with pretty average careers. I am sociable and can hold myself together fine. I'll keep this in mind though.

>>52618386
probably hacker news. I haven't really visited there for the last 8 years so I don't exactly know what it's like there now...but it's historically been the place you describe. functional upper middle class entrepreneurial type posters.

>>52618546
I'll check it out. Thanks

More serious USA stuff is pay to play, country club boomery networking and syndication. I’m such an off grid investor that Its not relevant to me but I admit it keeps out the riff raff

Check out Lane Kawaoka

>>52618386

KILLS YOURSELF DUMB NIGGER

>>52618386
>Want to start a business to achieve wealth in the $10+ million range for my children's future
Swing shitcoins

>>52618614
>See a post containing a person you don't like
>Immediately assumes I'm advocating for that person
>Doesn't even bother reading or responding to the thread
>KILL YOURSELF DUMB NIGGER

>>52618602
Well I can play golf just fine. Joining a country club sounds fine as well. Maybe that is a good start honestly. I just wish I had friends locally who would join as well, as I doubt my wife has time. But keeping in line with the previous post about dinner parties and social events, joining a country club seems like a genuinely decent way to start.

Thanks for the essay. DRT.

>>52618602
This Lane Kawaoka seems almost tailor-made for what I was asking for, too. I'm reading his website now.

>>52618386
I’ve wondered this too and concluded Normies have ruined the Internet. I’d recommend the lions club where you will meet a ton of entrepreneurs. Also I figure while getting a MBA is useless the people you meet along the way would be awesome.

>>52618505
Since you're an actuary you could try a maths tutoring business. That shouldn't be too expensive to run.

>>52618679
Don’t forget me when you make it

>>52618730
>>52618679
Do forget me when you suicide I don't wanna be associated with that bullshit.

>>52618728
>The people you meet along the way of an MBA
Reminds me of the fact I graduated from Penn and have 0 connections to show for it. I was just terrible at networking in college.

>>52618729
That's not a bad idea either. I majored in math in college and even taught high school math as a teacher for 2 straight years.
I think the problem here though is the lack of time. I could hire a bunch of math tutors into a company and set all that up, sure, but as far as actually tutoring on my own I just wouldn't have the time to do it. That's kind of the problem I have here more broadly.

>>52618743
Lemonparty.org has some pretty kino connects and alpha.

>>52618743
What I’ve seen is “networkers” never get far and tend to be losers. I personally landed a 200k industry due to old frat connections, and the guys I know making 700k are social and friendly as fuck. But it’s building real connections and not business contacts.
That shits tough as fuck for us introverts as we age. Not sure how to fight it.

>>52618795
>Not sure how to fight it.
does the difficulty get larger as you get older or has the difficulty persisted in an extreme fashion continuously over time?
>i make 200k
>my friends make 700k
k

>>52618795
I could move my way up to 500k+ if I stayed in the same firm I work at and became a partner, but that process could take another 15 years. Your picture is pretty funny because it describes what I just said pretty well.

>>52618386
invest in and sell drugs faggot. easy 2x 3x your investment cutting coke down to hell and selling to addicts.

>>52618831
I hit 3 mil at 35, retired from the job, lost a million, now live off 250k travelling that I hope will last 5 years, and have everything else in TQQQ for a Hail Mary. I should probably of stayed and just gone full materialist but to each their own. Good luck, I know families really limit your options.
There’s something called Hedgefundies grand adventure, id play with that while keeping your job. Give yourself a two prong attack on the way to 10 mil. It’s my plan once the market returns to its old highs.

>>52618824
Difficulty definitely gets way harder over time, I was social as fuck in my youth. Everyone’s just so busy with family, or comfy at home. Seriously, the biggest enemy everyone I know is facing is how comfortable and apathetic they are becoming.

>>52618430
>My life is put together
>They always want to talk about dating
>I tried out Tate's shitty program
Midwits struggle. Good luck!

>>52618927
I found some forum user describing a risky investing strategy called "Hedgefundies excellent adventure." Definitely worth a read.

Thank you.

>>52618831
>30 years old
>family
>decent job
>want more money
the situation you are in has been lived in many times before anon. literally every boomer was in your position at this stage in their life and they all wanted something that could give them more money on the side while they continued working their job without doing too much work to take away from their family + job. so they all invested into real estate and now fast forward 30 years we are in the situation we are now in.

Like, you are complaining that there are no resources out there for you but that is because everything you did in life is the most normal shit possible. You are living like a boomer 2.0. you have made your life choices. might as well just buy real estate and just use the rent to supplement your income like my parents did. i respect your desire to provide something better for your children.

>>52618994
That feeling is part of what drives me to want to do something different, anything different, that would kind of break that mold. Like you said, it feels extremely average and boring. Naturally, I want to feel unique, like I've gone above others. Starting a business feels like the only way to even possibly do that.

>>52618430
depends nigger on what you want to achieve desu.

on one hand you are attempting to leave something for your children. but do you even have a life partner and are you even aware what parenting really is? you want to start a business, but what exactly kind of business? like a cock sucking machine for tenner a piece? like if somebody would tell you to open a car wash - would you? would it even bother you to do that kind of a trade? be honest with yourself, because i know where you are coming from with the business things. but in reality if you didnt make or create any business yet, then you are not the business type of a person - think about it? its just the charm that you are under the influence of having a business, not exactly running a one.
if you already in the 1 mil bracket of saving itself and the house paid already then you honestly are better off investing in dividend stocks and just adding a bit each month and then after 10-20 years you basically hit your goal with zero time and effort invested.

so be really honest with yourself of the things you want to achieve as there are more than one way to do it and to do it safely.
also as for places you mention then definitely go to plebbit and look for FatFire or Fire or Henry or for example HenryUK or fatfireUK. those are the places you are looking for 100%. but before you do any moves ready them up for at least a few months and see if thats what you want to sign up for.

>>52619032
you are correct in your assumptions on trying to be "unique" its every human deep desire.

but what really unique you want to be about yourself? like just flexing cash? or flexing real estate? or flexing your company EBITDA?

basicaly the shortest short cut to multiply the 1 mill you have would be this - 1 mil is 10% downpayment for 10 mill mortage. rent the shit out or whatever, pay it for a couple of months - boom 10 mill equity right here. but its basically a full time job to take care of 10 mill in properties - so would this be something you would want to bother with? what if you lose cash flow, how much risk are you able to take on? what exactly do you know about real estate to be able to tell if its a good deal or not or if its a good area or not? etc. etc.

dont sign up nigger for shit you dont know shit about or you get hurt. do your research first then juggle the money or start really small like a 100k rental codno to learn the rules and have a safety net etc.

also most important thing, you want to have a kid then look for a like minded partner to support each other on the journey. bezos accutally had the same wife until recently but yea they did make a solid 20+ years as a couple - so it is as important as other areas - to have a healthy relationship.

>>52618386
>I'm tired of being told to "clean your room and hustle" by college-aged kids making 50k a year.
Kek, exact same situation.
Multimillionaire from crypto, but feels stupid not to make money through actual useful activities.
I just paid for The Real World a few days ago in hopes that I'd find something, given your pic I guess that isn't happening kek.

>>52619136
well maybe just start enjoying the life then instead of looking for another golden shot? like what is money exactly for if not for enjoyment?

>>52619146
Gets so old fast bro.

>itt.
Money can't buy you love.
Give it all away, honestly. Money is bad for the likes of you.
>>52619136
>>52619032
>>52618795
>>52618728
>>52618386

>>52619070
I'm going to try to respond to a few parts of what you said.
>Do you even have a life partner and are you even aware what parenting really is?
Yes? I am married and my kids are doing well. I'm not sure about your meaning with this question.

>Would you open a car wash if someone told you to?
I would purchase a car wash if it seemed like the best return, but the risk of spending $150k+ just to purchase a business like that which may or may not be profitable scares me, even though I could reasonably afford it.

>If you haven't started a business yet, then you are not the business type of person
You have a good point here really. I'm going to take the places you've listed to at least visit (I'm keeping a list of all places to visit and read about from this thread) and explore that for a few more months, at least until after Christmas, and then start making moves. Thank you for the help.

>>52619121
>But what really unique you want to be about yourself?
My father was an engineer that made about 350k per year at age 65 and retired, also invested a bit into stocks. Now I'm in the exact same path to be middle class. I want to break into the upper class in an entrepreneurial way for the sake of my kid so he will eventually consider himself upper class rather than middle class and not be afraid of starting a business like I am now.


Let's say I choose real estate rather than buying a business for around the same price. Would you say the returns would be similar, or would buying a laundromat or liquor store or something have similar returns? I would appreciate your honest answer here. Thank you for the help.

>>52619136
Yeah I looked through the Real World today and watched a few "courses". It's exactly what you'd expect.

>>52618505
You won’t find constructive help on the internet. The internet is the complete opposite of productive.

Best bet is to join your local cigar club or chamber of commerce

>>52619179
nah you didnt just do enough different things or didnt try different things. be honest, how many people did you help to grow or how many people did you teach any thing usefull? did you even try any charity work / job as a volounteer? did you try any spiritual paths? there are as many as you would imagine to choose from. islam paths, christian paths, sikh, hindu. how many parts of the world did you see?

it gets old because you didnt widen your perspective enough. you could basically run a bakery and not bother about the costs and just focus on nice cakes and pastry, make people happy?
do you even understand what really does make you happy? check the 5 love languages book or audiobook or just read up any article about it to get the idea what really drives you. start from that.

>>52619146
I am.
I built my dream music production studio.
But I also want a small business where people are happy with the service I provide.
Could be something as simple as an amazon store selling toothpaste.
Not sure if it works that way for everyone but I definitely feel stupid not having something small like that.
I want to be able to employ good hard working people who had bad luck in life.
I want to have some sustained income that I can put a % of into charitable action.
That sort of shit.
I was hoping that Andrew Tate will unironically help me understand the nitty gritty of those online business faster, kek

>>52618386
>college-aged kids making 50k a year.
Good bait.

>>52618852
And then you get caught selling coke instant felony life over prison lose all the money you made kys you dumb faggot only glowies and cartels get away with dealing drugs

>>52619032
you dont have to start a business to prove to yourself that you are achieving more than others in life anon. Your risk tolerance is much lower because you have other people depending on you now so whatever business you commence you will never be able to fully commit to -compared to your competitor who has no wife/kids or job and will always be able to out work you.
The best thing i can say is try and find a niche in whatever your current job is that you know you will be really good at. Or if you cant do that try and come up with a new invention or idea that you think will be useful to people and fund that. Neither of these things are very expensive or time consuming early on i think you just need something that you can do yourself to prove that you have value even though if im being totally honest i envy your life and structure in this world in my mind you have already made it anon

>>52619223
>check the 5 love languages book or audiobook
Shit looks gay as fuck but I bought it, I’ll give it a go. Cheers.

Personally I'm tired of making 75k a year and want to start a business to make more money and be financially free. I heard Delaware is the best place to found a corporation to start dropshipping from aliexpress. I haven't decided if I want to sell on amazon or start a shopify store.
I have 250k net worth, is this enough to get started?
I'm vaccinated so I shouldn't have any trouble setting up an amazon sellers account or getting a business bank account.

>>52619209
>I want to break into the upper class in an entrepreneurial way for the sake of my kid so he will eventually consider himself upper class rather than middle class
This is bullshit though.
First of all, you'll spoil your kids if you do.
Second, you don't become upper class by being useful to others and having a business. You do it by having a "startup" meaning that you find a sugar daddy who would fund your quest to destroy all competition. You can'd to it without dark triad character traits and it's bad for your soul. The reason you haven't done it yet is because you're better than that, anon.
Stick to being useful to others. Having a few million is all you'd ever need financially.

>>52618852
Only the top guys make any money. Street level guys make as much as a wagie. The entire drug industry is heavily subsidized with state wel-fare.

>>52619247
I have found a niche in my current job that I am excellent at. There's an actuarial software that I have branded myself across the entire industry as a leading expert in and I am working on building that reputation. The only problem is that this particular thing, while it makes me valuable for the company, is not marketable as anything other than an actuary. It's not something I could realistically turn into a private business apart from maybe tutoring professionals in how to do it.

>>52619260
>>52619209
You can't be upper class without making sacrifices to Satan.
As soon as you make enough money they will come for you and force you to do bad things.
That's the entire point of monitoring everyone.

>>52619284
Take your meds and get the fuck off biz.

>>52619228
What if we just try setting up a store like through Amazon as a "practice business" just to see what pitfalls we run into?

I feel like I should take a full year just starting "practice businesses" just to see exactly what it's like.

Any 7 figure + business takes more than 40hours a week to work and become successful. Just work your salaried job, save and invest your money in something safe at this point. You’re not an entrepreneur, dont bother.

Two things:
1) The point of life is not to accumulate more stuff. You can succeed at the purpose of life whether you are super rich or dirt poor, it doesn’t matter. The fact you want more money more stuff, shows you do not understand life or what you are here for.
2) The fastest way to big money business is BUYING the revenue. Use Dan Pena methods and recruit a board of directors, find someone motivated to sell their business and buy it for 1-2x EBITA using 95% commercial financing and 5% seller’s financing.

>>52619296
Prepare for unforeseen consequences.
It's nearly time to take it all away.
This fragile vestigial dream of life you cling to.
This world never even existed.

>>52619306
>Invest your money in something safe
I know how to invest in crypto and stocks. I know you said "safe" and these are not safe but my point is that I know how to do that, and if I didn't I know how to learn it quickly. I have day-traded plenty in the past.

But if I were to go into purchasing businesses or real estate with my current funds, which would you recommend? Buy a laundromat or a starter condo? Just curious.

>>52619317
Invest in a tent faggot.
This world economy is about to collapse.

>>52619209
>Yes? I am married and my kids are doing well. I'm not sure about your meaning with this question.
oh sorry then i either missed that or you didnt mention it.

>I would purchase a car wash if it seemed like the best return, but the risk of spending $150k+ just to purchase a business like that which may or may not be profitable scares me, even though I could reasonably afford it.

Exactly, how would you know if any of the investments you go into will have any profit or what the ROI exactly is? thats what i mean and thats what you lack, the knowledge related to all of those.
on one hand if it would be a stable 10% yearly ROI, would you be fine running a car wash - what do you know about running a car wash? would you be operating the machinery by yourself or hire people? are you a good people manager or did you even try to be one anytime in your life - how did it work out?

>and then start making moves. Thank you for the help.

Focus on one thing or start small, never go all in into stuff you know nothing or close to 0 about.

>for the sake of my kid so he will eventually consider himself upper class rather than middle class and not be afraid of starting a business like I am now.

whats bad about being middle class vs upper class? also what exactly is upper class for yourself? like having a lake house? beach house? a yacht - which is a useless liability - are you even into sailing? also why exactly being afraid of starting a business would be a bad thing for your kid? what if he wanted to be a doctor or a military jet mechanic?

you are thorwing the business word like some lower class person crying to hit the lottery. you do the exact same thing but a level higher. reevaluate your priorities. maybe try a therapist to talk some stuff through or clarifiy some uncertainties you may have.

the only honest answer you would ever hear on the internet regarding returns or whatever would be the following. cont.

>>52618386
Most people start a business without the proper capital, this increases risk and is the reason why they don't work out. With a decent amount of money and a plan, you could fail and keep try again based off of what you learned. Unless you've tried and failed already, and can't figure it out.

>>52619336
I only have 250k, is that enough to start a dropshipping business?

>>52619317
Buy:
Home care businesses
Nursing homes
Hospitals
Logistics and shipping companies
Gas stations
Coffee franchises

Like I said though, you’re not an entrepreneur, don’t bother. Even the questions you asked me show this. Who cares what fuxking business you buy, just buy something where free cash flow covers debt service preferably by 1.5x . Are you prepared to make 1000-2000 cold calls?

>>52619209
>>52619325
cont. if you had like a 100% roi each month, would you go into the shit shoveling business? is roi really all that matters to you? as it really sounds like a naive optimistic novice speaking.
with all respect, but you are not accounting all the real work you would have to do to get any roi at all in any business or side hustle you would do.

so also dont get me wrong its not like it want to discourage you to do that. but think for a moment. a solid 4% yearly on stocks or similar is always safer than any % loss and time and energy loss you would take on most buisneses you would want to go into.

any way the general advice is always, start small, never go all in, learn the rules along the way and decide if thats the game you want to play.

Personal example i do some stocks but not retard day trading. i read up all the fundamentals i can and then decide if to buy it or not. so far this year i have like a 30% return and some gain already realised with some tax deductions on top of that so i wont get axed by the tax man.
BUT, the more i read about the stock market and economics itself - it sickens me on how the system is corrupt, manipulated, never fair, always rigged. i would almost throw up after reading about all the basic traps for people like you to lose their money. etc. so yea thats that

>>52619209
You never spend your own fucking money to buy a business. Get a board of directors that knows what they’re doing first. At least 200 years of experience on your board combined minimum, and a chairman with 20+ yrs dealing with M&A

>>52619254
i tot we all gay around here lmao

>>52619339
Take the price you're selling the drop shipped item for verses it's expenses and see what your profit margin is? 250k should be more than enough depending on what you're taking orders on.

>>52619325
Here's the thing, because what you're saying is very valuable to me. I have soft skills for business because I manage teams on multiple projects at my current job and have done so for a few years. I've sat in on sales calls, written proposals directed at clients (insurance firms), and hired a lot of people to my team at this company. I said above I'm an actuary, but I'm specifically an actuarial consultant.

The problem is that I don't have any expertise on a particular thing like running a car wash. I'm not a good chef, I'm not an artist really of any kind, not extremely knowledgeable about any one subject in particular except my current job, etc. I'm struggling because I feel that I tend to excel in everything I put my mind to but I don't have any obvious niche that's passionate for me. To put this in 4chan context, I feel like every few years I take on a new board and become an "expert" in it and then move onto something new. A few years ago that was /biz/. I made a million dollars and left. This year it was /fit/. I lost 70 pounds of fat, gained some decent muscle, learned a lot about nutrition, and then kind of just left. Before that it was traveling. I can talk about most subjects competently but I'm not some amazing master in any one thing. I lack creativity and ideas. I would genuinely pay for an "ideas guy" and then gladly do the management and logistics.

>>52619317
just buy commercial buildings and lease them out.

>>52619400
If you do this understand CAM fees. I have rented and rented out commercial locations for marijuana grows and mechanic shops for German cars.

>>52618386
Has Tate helped you make money at all through his courses even a little?

>>52619366
>>52619325
>You're not account for all the real work you have to do to get any roi at all in any business or side hustle you would do.

Ok, so I can make a list of plays that sound reasonable for me and then consider which ones I want to attempt and come up with a plan. I can do that as a next step. That will then give me time to research each one, start some of them, and see what does and does not work out for me.

Manufacturing is the only real business that matters. Fuck Chinese made junk. Make your own products. Bring back American manufacturing. Without it we are nothing but helpless and dependent. Such a sad state our nation has become. I have an incredible product idea but I need experience in leather working.

>>52619435
His "courses" are currently just a couple lazy videos of some other guy talking about e-commerce and "make sure to have energy in social situations". It's the same old shit you'd find after an hour of scrolling through Youtube "motivation" videos.

>>52619442
How the hell do you get into manufacturing? How do you even begin to find a factory that can support your idea in the United States? I'm aware of some companies that try to work with business owners and coordinate this sort of thing from China but from the United States? I'm lost. Can you tell me how at all?

>>52619439
Exactly, you have to learn from your own ideas and experience.

>>52619442
Stronger dollar leads to cheaper imports.

OP here. I know a guy that takes beer cans and bottles from local breweries and makes candles out of them. That's his full-time business. The posts from this person:
>>52619366
in conjunction with that fact make the small business life seem far less glamorous than it initially seems.

Regardless, I see making a list of realistic ideas and researching them, along with the initial investment and time commitment I would need for each one, as a good next step.

>>52618729
Holy shit. This is the epitome of internet advice.

Board of Directors:

Chairman: 20+ yrs M&A experience - 10% equity
CEO: 20+ yr experience in specific field 5-8% equity
CFO: retired professional with 20+ yr experience any industry , preferably retired from big 4 accounting firm
2 industry experts: 20yr experience in specific field
1 in house law: 20+ yr experience , can be retired professional from big accounting firm

There’s at least 6 people on BoD. Recruit them off linked in. Should take 5 presentations for each role or so. You’re looking at 30 presentations total, more or less depending on your competency. Chairman is most important, always start there first, make sure they are really on your side and have your back. You should aim to give away around 40% of the company at the start . It’s called “Founder’s equity” and its free.

Then secure your Legal professionals and Accounting professionals to due the paid due diligence. Make sure they are from top 4 firm. This will take another 10 presentations for each accounting and legal depending on your competency and how good the BoD you recruited was. They will be working off of a “success fee” basis. Same model as private equity, they will all know.

Then start talking with banks and lending institutions , another 10-20 presentations here, finding institutional investing willing to fund 1mil -2mil deals to start. SBA financing rocks as well, incredibly easy.

Now you have a board of directors, big 4 accounting and legal agreeing to work at success fee basis, and banks willing to lend you money.

Now you cold call businesses to buy. Nursing homes, hospitals, home care. Hundreds of cold calls here. Motivated sellers. They are dying to exit, they have no succession plan, they are ready to sell, business is functional. Boom! You do your due diligence first, board decides whether or not to move on it. Then law and accounting professionals do their die diligence and write up M&A paperwork. Bank funds deal. And you just bought a 1.5 mil rev nursing home

>>52618386
Try your local business community. I donated an item to an auction put on by a local charity and was invited to their wine night at the country club where I had the opportunity to chat up many successful business owners.

It would be better if you had an idea of what kind of business you want to set up though.

>>52619385

>I don't have any obvious niche that's passionate for me

mate listen to yourself?
>but I'm specifically an actuarial consultant.

thats the most basic and common trap all novice investors fall into. they try to excel at stuff they know nothing about, yet they do excel in one thing thats already boring for them.
so collecting dog shit for a decent ROI would be more passionate as long as the ROI is nice right? - thats you speaking.

But yea i get it i kind of have the same
> I can talk about most subjects competently but I'm not some amazing master in any one thing

i get it its another trap. the Leonardo Da Vinci trap. read him up, he did the exact same, whatever he did pick he mastered instantly, yet he never capitalized any profit on that. he had to create war machines (which he was not proud of) for some italian prince to just make a living and never achived anything that much memorable. we mostly know him for his Arts etc. and thats just because thats the only thing worth mentioning thats left of him and he just do just as much more but he never did.

So if you already a perfect niche consultant then the only way right now is to scale that shit up nigga. thats the business you want to start and run and be really profitable with. check how wide can you scale it up? like would it apply to the next continent over? or only to specific countries? or only specific businesses? thats basically all you need to hit the X0 mill goal. not more not less. scale your skills and dont look for stuff you know shit about to go into it all in.

also yea....
> I would genuinely pay for an "ideas guy" and then gladly do the management and logistics.

If you feel like it and if i did add any value then hit me up on "prodigy_gates&protonmail.com"
i wont promise you anything and nobody ever should and ill be glad to just have a chat and a follow up some time after.

i myself like to provide career advice, always give the most thoughtfull presents etc.

>>52619385
also another example would be

Person A works as a gamedev in a lets say AAA company, is also interested in games in his free time. he does know the area pretty well and can tell if a game will be a flop or not.

>Should this person consider investing in any other area than gamedev companies or related on the stock market?

>would it be smart for this person to invest in for example agriculture stock companies? or maybe finance companies?

You see the point now?

then why do you try to put your eggs in a basket that is totaly unfamiliar to you and hope for a return, instead of focusing on your strenghts and trying to multiply them?

>>52619571
>How wide can you scale it up
I can be a partner at the consulting firm I currently work at but that would take another 15 years. Realistically, the highest achievement a consultant can achieve is probably just starting a consulting firm.

If that's the path I go down, I would stay at this company for a few more years, master it even more, and then consider if quitting it to start what is effectively a competitor business is better or worse than trying to be a partner making ~500k per year (I'm guessing, I don't actually know the partner salary). I'm currently just a manager.

>>52619642
The reason I did this is because I felt like hoping to attain partner in 15 years is a ceiling and I'm not sure if that's a ceiling worth working 15 years to achieve and then that's it. But starting my own firm also seemed so colossally difficult that I'm not sure if it's realistic. Whereas simply producing a product and trying to sell it online seems easy by comparison. So that's the sort of mental trap I fell into, but what you're saying makes a lot of sense. And the game developer example really makes it clear. Thanks. I will absolutely follow up with you at that email.

>>52619642
>>52619571
This has given me a lot to think about. I reached out to you and thank you again for the advice.

>>52618386
Are you really this retarded?
invest 900k of your savings in boring boomer index world / EM. Add 5k-10k a month to it and you ll be sitting on 6-8 mil after 15 years.

Anyone who just wants to "start a business" without any goal should probably just see if he can finance someone else. There are consultancy firms that will fil you in on having a business, but you should be aware that almost all new businesses fail in their first year.