/biz/ - Business & Finance

[Anonymous No.11909849]

What's the biggest lesson you learned your first year at operating a small business?

[Anonymous No.11909856]

>>11909849
everything is fake

[Anonymous No.11909860]

>>11909849
Don't hire anyone you're friends with unless you want to ruin the relationship

[Anonymous No.11909887]

>>11909849
>Someone else can always do it cheaper, and customers somehow don't know that.
>Craig's List has actual advertising value
>You can wing it well enough for most people
>Someone will pay you to do anything they don't want to do
All these /biz/raelis trying to do "affiliate marketing" when they could be doing literally any chore, especially outdoor ones, to make money on the side.

[Anonymous No.11909896]

>>11909849
Don't hire/go into business with friends+family, 99.9% of the time it doesn't work out.
Don't try to do everything at once, start small and scale.
Not all money is good money.
Reinvest in your business.

[Anonymous No.11909908]

>>11909849
Every single fucking customer is out to fuck you over even if they barely see a dollar out of it. Do not take a single promise from anyone about what they're going to do tomorrow or how they'll pay on a payment plan, you WILL lose that money. Period. You want to let people pay less? Get more volume of sales first. You want people, or certain people, to pay in installments? Get collateral. The profit margin is far too low for you to even lose a few percent to slugs, and 100% of your customer/client base will be slugs if you let them.

[Anonymous No.11909917]

>>11909849
The best way to maximize your profits is to exploit an undocumented beaner. No wonder the kikes love them so much.

[Anonymous No.11909920]

I've had a small business for 5 years. Biggest lessons:

> don't be too friendly with customers. They are not your friend they are simply a target.

> plan your work week so you have 5 hours or more of free time during the 9 to 5 hours. That way when something goes wrong you have extra time to fix it and you are not overwhelmed.

> never stop selling or marketing. Even when you're already making plenty of money

[Anonymous No.11909939]

>>11909849
Forgot to add, never compete for business with price, its a losing battle, someone is always out there to do it cheaper. You need to sell people on the quality of your work/product.

[Anonymous No.11909953]

overestimated post. Proceed to cotinue, sirs.

[Anonymous No.11910007]

>>11909849
She is not dressed for an outdoor excursion

[Anonymous No.11910051]

>>11909849
butterface and no birthing hips

[Anonymous No.11910063]

>>11909920
This anon is going to make it, has already made it, or larps very very well as an anon who already has or is going to make it

[Anonymous No.11910066]

>>11910007 She's photoshopped in a forest picture.

[Anonymous No.11910158]

>>11909849
>Everything will be harder than you anticipated
>Kiss your nights and weekends goodbye
>The learning curve is pretty intense at first
>Everyone says that you should "work ON your business not IN your business", but you'll never make it unless you're in the trenches during the first few years
>Going in to business with your wife can add a lot of stress to your marriage. Conversations that should be purely about business/money will be colored by any conflicts you already have in your relationship.
>Your family and friends won't be able to relate with your struggles unless they're entrepreneurs themselves

[Anonymous No.11910164]

I'd say this:

Focus on cashflow from day one.

Don't get fancy, just find something to sell and sell it.

If your business needs you specifically to operate it, it's not a business, it's a job.

Everyone involved needs to put up cash.

[Anonymous No.11910264]

>>11909887
>>Someone else can always do it cheaper, and customers somehow don't know that
same with employees
always employ with 12+ month probation period because you will probably find someone cheaper who will do a better job

[Anonymous No.11910296]

>>11909849
Basically just finished my first year, what i learnt, i'll put in brackets what they are for my biz to give context:
>have good understansing of what your competitive advantage is (eg. Best quality item in the area)
>do it solo unless you are both bringing something amazing and irreplaceable, an employee is better than a business partner
>have a clear "natural advantage" that you can point at that puts you ahead of existing or potential competition(for me licensing prevents competition)
>if your business is IRL theb customers are paying for the experience as much as the product
>it's not a fulltime job, it's an alltime job
>it's going to take twice as long and cost twice as much to startup, plan that it in
>cashflow is THE most important thing, start off with more money if necessary
>it's worth it, don't let other people or even negative things put you off being your own boss is worth it, having your labour translate directly to your income is the best feeling in the world

[Anonymous No.11910301]

I'd say don't start anything unless you have established an honest time line depicting where your money should be at least a year after your start date. If you aren't where you should be a few months in cut and run. So many people piss away everything chasing a dream because they are to proud to admit they were wrong about their idea.

Anyone thinking about starting a business should, imo, be working for someone else and running a successful side business before they decide to quit their day job and go self employed full time. If you don't think you have time to do that you'll never make it as a business owner .

[Anonymous No.11910375]

MILKY MILKY WARM AND TASTY!
MOMMY! MILKY! PLEASE BE HASTY!
REFRESHING DRINK FROM MOMMY'S UDDERS!
I WANT MOMMY'S AND NO OTHER'S!
GIVE IT! GIVE IT! GIVE IT NOW!
GIVE ME MILKY, LAZY SOW!
UNTIL YOU DO I'LL SCREAM I'LL SHOUT!
I'M CRY I'LL WHINE AND STOMP ABOUT!
UNTIL MY BELLY IS FULL AND HAPPY!
I REFUSE TO TAKE A NAPPY!

[Anonymous No.11910457]

What are some good questions to ask when interviewing people?

[Anonymous No.11910592]

>>11910457
You don't need to ask her anything. She's hired.

[Anonymous No.11910631]

>>11910592
> she

[Anonymous No.11910650]

>>11909939
This is the only real advice in here

[Anonymous No.11910719]

I'm closing in on a year and a half of running my own small business (service).

Many great things being said in this thread, especially that someone else will always do it cheaper. I've had competitors snatch up clients because they suddenly cut the price in half. Focus on making quality, not cheap shit.

Make sure you know who you actually are before you start marketing your business. If you don't have a clear image, no one is going to understand what you're all about. Having a mission, vision and a dinky little logo doesn't cut it.

[Anonymous No.11910878]

>>11909896
>Don't try to do everything at once, start small and scale.
>Not all money is good money.

These are really important and I wish someone said them to me last year.

[Anonymous No.11911013]

>>11909896
>not all money is good money
Can someone explain?

[Anonymous No.11911026]

>>11911013
i think he means not all money earned is worth the time spent/hassle

[Anonymous No.11911044]

>>11909849
keep your paper stuff in check

[Anonymous No.11911118]

>>11909849

I just sold my company.

If your goal is a quick buck then pump as much as possible and then sell. Outsource as much as you can (phone, email etc.). If you want to go for a long term commitment then build a sustainable business then go for quality, do most things yourself.

I wish someone would have told me this prior. I went through the middle of the road, ended up with a decent bag of money but still have to work, and still had to put the effort in there.

[Anonymous No.11911141]

>>11910878
>Don't try to do everything at once, start small and scale.
I've wasted so much time/energy here
Hope 2019 is going to be a fertile year

>>11911013
sometimes taking on a big client can kneecap you. You have to spend all your time energy on pleasing them and they know you will go out of business if they withhold a payment for even 1-2 months.

Sometimes it's better to just focus on your product and stick with low cash flow and small clients so you can invest in scaling rather than being a hostage of people who don't really care about you.

[Anonymous No.11911143]

>>11910457
Shame about those eyebrows.

[Anonymous No.11911328]

>>11909849
Get everything in writing. Especially your own internal negotiations. Make sure when things go well, how you profit from it is in stone.

[Anonymous No.11911425]

Do not trust anybody.

What can get fucked will get fucked.

[Anonymous No.11911530]

>>11911118
How much did you sell it for? You don't have to tell me an exact number if you don't feel comfortable with sharing but I'm asking because I'm hoping to do thw same with this Painting company I'm starting

[Anonymous No.11911614]

Good thread - wtf is this. I shall be monitoring. Recently decided to quit my job and go 100% by self. Exciting and scary, but I do have some experience from beforehand. And a handful of clients standing ready, so I'm not totally fucked.

Anyone experts with Adwords? Some general tips/tricks? I've been using every night for weeks now designing my campaigns, redoing them after statistics and trying again. Finally had a good run with 3.5%+ CTR - think I'm starting to get it.

[Anonymous No.11911647]

>>11910631
do you like to pretend to be retarded?

[Anonymous No.11912278]

>>11909849

Actually some good advice in this thread. Makes me think it's not all just neets.

Here's mine, have been running a small business since 2013 full-time.

>Never slow down. It'll be tempting to take a breather when you finally get your taste of success. Don't. Focus on the work and keep doing all the things that made you successful in the first place. There are already so many things that can go wrong, don't make your work ethic be one of them.
>Don't expect anything in your first year. Always envision success, be excited for the future. But work passionately, hour upon hour, building, and the money will come.
>Wake up early (4:30-5:00). I get more work done before most people wake up than most people do in a day. The early morning hours are somehow sacred
>Professionalism is probably the most important quality that can distinguish you from the competition. Starting up a business, it's hard to get legitimacy because you're not vetted. But if you can at least appear that way and do all the things the big guys are doing, you'll be treated that way as well and people will give you their business.
>But out video games, they are a waste of time. Read books. Choose one or two tv shows and axe the rest.

Probably have more but that's what's helped me.

[Anonymous No.11912288]

this is a good thread that needs bumping, although ffs anon this belongs more in /entg/

[Anonymous No.11912293]

>>11909849
be cutthroat

[Anonymous No.11912401]

>>11909849
the only good self employment is being a farmer, everything else where you have to interact with customers is a constant battle and conflict of interest, because they'll always try to scam you to pay as little as possible while demanding crazy things. Same with having employees, they will always try to do as little as possible if paid per hour or do their job half ass and go home asap if it's fixed salary

human interaction is a constant battle.
Once chainlink moons I'm buyin a shitload of land, farming equipment and never gonna have to bother with fucking "customers" or employers

[Anonymous No.11912463]

>>11909849
If you have 8 customers who have all signed a contract with you, have been invoiced, and those invoices are for small amounts: Expect 1 out of those 8 customers to fuck you and not pay.

[Anonymous No.11912503]

>>11912463
I'm planning to make receipts and collect a deposit right now. It's a painting business.

[Anonymous No.11912716]

Give it to me straight... I have a vision on a website which could be a hybrid of free content and paid content, educational and inspirational in some sort. Really want to be different than the rest, it could become an actual brand. Is this digital/non productive stuff still a thing? Are people paying for content that could improve their life? Is wordpress a good start? I don't believe in crypto anymore but I'm 20 so still some time.

[Anonymous No.11913115]

>>11912716
When it comes to websites, the niche is everything.
First you got to know what will you sell or promote? Ads? A product? How is it going to generate revenue?
Second and most important in my opinion, the competition analisis having in mind SEO also.
Third and last, Content/product quality
>People pay for content?
It needs to be REALLY good.
Just pick a low comp niche

[Anonymous No.11913220]

>>11909849
Shit is going to cost you 2x more than you thought and your revenue is going to be a fraction of what you think it will be. And there’s a better chance you fail than picking a random horse at the track.

Also FUCK state governments and their FUCKING bureaucratic FUCKING systems that spawn ridiculous accounts at rediclous departments that require a dozen logins and monthly reports else they send you nasty letters that make you think you’re going to jail.

Any FUCKING liberal who doesn’t understand that their addiction to “Bureaucratic Control Sydrome” absolutely punishes new people trying to enter a market space can go FUCK themselves. Any person propping up endless regulations as a good is only helping solidify big businesses. And no FUCKING “streamlining stuff” is them blowing smoke up your ass. You are better off making a business that hires no one. Once you get into the labor space you’re FUCKED. It’s so cost prohibitive to hire anyone when you’re a small business. Fight for $15 to an employer sounds like Fight for $20-$25. The shit employers have to pay and do to support employees is mind boggling.

It’s not a shock to see rich wealthy people pushing regulations and increasing tax burdens. It only solidified their existing hold on the market. FUCK anyone who says otherwise, they’ve never poured their life into a small business and had to deal with the fallout of their shit policies.

[Anonymous No.11913309]

>>11909860
Do I want to go into business with friends and family?

Answer: 100% No. Never. And that one person who says “it worked for me” is a liar or they haven’t ruined their relationships YET.

[Anonymous No.11913367]

>>11912278
>>Professionalism is probably the most important quality that can distinguish you from the competition. Starting up a business, it's hard to get legitimacy because you're not vetted. But if you can at least appear that way and do all the things the big guys are doing, you'll be treated that way as well and people will give you their business.
THIS , My father and I have been contractors together for 10+ years. And I started a legitimate business for us with insurance and licenses , registered name etc for just over 4 years now. And everyone who knew/knows us like family still think we will come at the drop of a hat for fucking pennies on the dollar, the whole legitimacy thing is important , fake it til you make it or break it.

[Anonymous No.11913392]

>>11909849
Don't shag your employees

[Anonymous No.11913404]

>>11910051
She could squeeze triplets at the same time out of those hips, you fucking retard. She's a perfect example of a breeding sow.

[Anonymous No.11913416]

>>11913309
I am>>11913367
I could not imagine working with someone else other than my father , we work amazing together , yes we fucking argue , about the best way to do the damn job and so far there hasn't been a job we have not been able to do. The difference being though , it is MY business and he works for me , we are not partners although I treat him as such for the most part

[Anonymous No.11913425]

>>11909849
You either have the money to pay a wagecuck's salary or you don't start a business.
Giving away sizeable stock to people who are born to obey and not lead totally fucked me in the ass the first time I started a business.

[magnanimous anon No.11913456]

>>11909849
Could you please stop posting "hot" white woman. I have worked so fucking hard to make /biz/ and other boards hate white woman as much as me. Every time you post a white woman some dumbass thinks a white woman is hot again instead of loving a superior Asian woman. This small post of yours takes weeks of methodical work. I have some background in psychology and I have been working on slowly desensitizing in group bias in Anons and the amount of white woman is a.) destroying my work. b.) creating more racism c.) making people fall for roasties dooming them to a life of unhappiness.

Please for the love of god stop posting white woman. /biz/ is a Asian woman board. Other wise you create a shit ton of work for me and it takes weeks to get the amount of posting just right.

[Anonymous No.11913457]

Training wheels is being white in a shitskin country.

[Anonymous No.11913549]

>>11911614
lol 3,5 ctr
In this game, ironically, the bigger you are, the lower the ctr, though never below 0,05 because that's pleb territory

[Anonymous No.11913563]

>>11913456
Asians are insect people. They don't know love or emotions. They don't even look attractive. Butterfaces and flat no curves every single one. Japs have hideous teeth

[Anonymous No.11913573]

>>11913563
kys

[Anonymous No.11913585]

>>11913456
Anon, I hate to break this to you. But the majority of non-white men find white women to be the most attractive. You wont be able to get them to enjoy asian qts.

[Anonymous No.11913610]

>>11913563
They might be a race of sociopaths, okay fine, I'll give you that, but some of them are fucking semen demons. Stop denying it, you want to have sexually unsuccessful sons with them and so do I.

[Anonymous No.11913641]

>>11913220

It's better to just ignore 95% of all that bullshit when you are getting started in my opinion. My main business has spotty profitability so I started a second business buying wrecked small apartment buildings, rehabbing them, and renting them out. My last building I didn't file a single permit. Inspector went through after I was done, spent ten minutes looking things over, gave me my U&O and went on his way. It helps if you do legitimate good work and you're not trying to cut corners (on product or service quality) or fuck people over.

If they can't jail you over it, consider seriously the costs and benefits. Just like on wallstreet, they will take the $30million fine they know is coming if means $100million in profit.

[Anonymous No.11913673]

>>11913573
Stop liking what I don't like, the post.


>>11913610
The Asian race is literally not human when you closely look at how they behave. I once saw 6 Asians in a row all trip over the gap whilst leaving an elevator. All of them. You'd think after the 1st, 2nd, 3rd, 4th ones had all tripped at least the 5th and 6th one would have noticed and taken care to not do that. Nope. All 6 tripped in the same exact way. I was astounded. They are insect/lizard people.
I genuinely don't find them attractive, at all. I never got the 4chan weeb culture, never liked anime. I think they're very plain. Maybe 1 in 1,000 looks good imo.

[Anonymous No.11913706]

>>11913673
They were made in China, what do you expect? They're low quality. But that doesn't make some of the women less bangable.

Also, as you can see on /gif/, Asians or at least just Chinese people have some sort of real problem with... uh, navigating reality. They are like Lemmings, whether it's culture or genetics, there is something seriously wrong with them, yes.

[Anonymous No.11913710]

>>11913220
Tell us how you really feel...don't hold back this time
Seriously...its frustrating...been there

[Anonymous No.11914048]

>>11913456
>>11913610
how many links for them?

[Anonymous No.11914078]

>>11913220
based, I hope you hold chainlink anon

[Anonymous No.11914119]

>>11909908
came here to post this, not surprised it took only 4 replies
no better way to lose faith in humanity than to operate a business

[Anonymous No.11914231]

>>11909939
yeah, came here to post something like this. good customer service sells more than being %10 cheaper than the next guy.

[Anonymous No.11914695]

how do i get a business
what do i do

[Anonymous No.11914923]

how stupid would be to start a company that offers software products (as in queue/payment management) that need to be sold as customized computer hardware (think wifi routers)? the thing is, while I do have some basic knowledge about electronics, software, programming, etc., I never got a degree, I barely even managed to get to the 4th semester in uni. I've learned everything "by doing".
also, while I know where to buy hardware, I also know that computers can be very tricky, and things that are out of your control could mean you get fucked, and have to rebuild everything.
even worse, my whole fantasy is to manage everything by myself... yet I don't even have a shitty proof of concept.

[Anonymous No.11915000]

>>11914923
what I meant to say is: I'm more or less confident about my technical knowledge, but I know I don't know it all. also, hardware is a bitch. and finally, I'm a lonely guy who loves to do everything by himself.

[Anonymous No.11915107]

>>11914923
your fantasy is barely coherent. trying to start and run your own business would be a disaster. work up the ladder somewhere else until you get a grip on the smaller moving parts before you try to build and maintain your own machine

[Anonymous No.11915165]

>>11914695
>have an idea
>implement idea
>get people to give you money

[Anonymous No.11915200]

>>11909849
why is her head so small

[Anonymous No.11915348]

>>11915165
This is simplifying it for someone who won't do it.
>get people to give you money
This is the hardest part to do right because if you run your own business there is overhead to worry about and a miriad of different things to pay money for , advertising , insurance , licenses , rent. Now you have to make sure the business makes money and you make money and still get the work with competitive enough pricing.

[Anonymous No.11915414]

>>11915200
That's a big bodied bitch right there

[Anonymous No.11915761]

>>11912401
>the only good self employment is being a farmer

This is the worst time to be a farmer. The ongoing trade war between China and the US is hitting the agricultural industry badly, to the point where the US is going to subsidize the domestic farmers.

[Anonymous No.11917013]

>>11914923
also, what if instead of having to sell custom hardware, I sold software that does not need a screen... to be run on smartphones by the customers, or rather, by someone who knows some basic concepts about servers? what if it was open-source? can you make money off a novel, open sourced idea?

>>11915107
>work up the ladder somewhere else until you get a grip on the smaller moving parts before you try to build and maintain your own machine
but I do know how this would work, I've done it myself in the past, it's just that I don't currently have a PoC. my problem is that I have the technical knowledge (and I've learned almost EVERYTHING I know by myself. in fact, I'm being paid good wages for my knowledge, after being a NEET for 4+ years), but I know my knowledge has obvious limits, and that kinda scares me.

[Anonymous No.11917027]

big boobie

[Anonymous No.11917035]

>>11915761

Eventually there are going to be relatively farming robots, then farmmownership is going to be desirable again.

[Anonymous No.11917098]

>>11909849
niggers steal everything

[Anonymous No.11917701]

>>11913585
Everybody wants to be white and have a white person. This is why nonwhites are so assblasted all the time. Deep deep down they know they can never obtain whiteness. It isnt even *that* great but it's enough to make them obsess over it.

[Anonymous No.11917756]

>>11910007
Kek. Thanks for the chuckle

[Anonymous No.11917887]

>>11909856
this is true for both the picture and the question.
/thread

[Anonymous No.11917916]

>>11917701
Nigger here, I like asians and blacks more.
Most white women are basic.

karatbit.exchange

[Anonymous No.11917997]

>>11909908
>>11914119

This is the main lesson from running a small business.

[Anonymous No.11918072]

>>11909849

Biggest thing I have seen mentioned. Your business is a part of YOU! You need to be the best spokesman for yourself and your company, 24/7. Half of my early clients came from bumping into strangers of the street, they are always impressed with my personality, the care I put into my appearance and my car and clean workspace. Delivering a quality product on top of that will get you referral after referrals and most the time it’s the tans on person you met in line getting coffee who doesn’t even use your products/service but they are so impressed with YOU that they tell everyone they know about you and those fish start to bite.

If your online persona is on fleek with your real life persona, you will make it.

People/clients/customers are always impressed by a top notch business owner.

[Anonymous No.11918095]

>>11917997
>mommy?
MILKY NOW

[Anonymous No.11918275]

>>11910457
On a scale of 1 to 10 what grade will your ex employer give you when i will call him/her.

[Anonymous No.11918835]

>>11910457
Sauce? Is it queen paraskeeva with different hair or another girl? Great tits btw

[Anonymous No.11918874]

>>11910457
Wow wtf
Why isn't this image found?

[Anonymous No.11918876]

>>11910301
Gold advice - Top tier

[Anonymous No.11919025]

>>11918072
>on fleek
Fucking nigger faggots, gook moot did this. Just fuck off back to R*ddit you utter clowns

[Anonymous No.11919446]

>>11911614
Benchmark CTR depends on the the industry, it varies a bit. Also, if you achieve a higher ad position (bids + quality score) you will naturally have a higher CTR (people are more likely to click on the first ad than the third), but you may be paying a higher average cost per click.

Focus on making sure your keywords, ads and landing page all contain similar verbiage so that Google thinks you are providing a good user experience. Create separate ad groups for each cluster of similar keywords even if it's for the same product. This will get you cheaper clicks.

BMM and exact match are the most useful match types, stay away from broad match.

Use all the ad extensions that make sense, they help a lot


Check the search terms report frequently and add any trash terms you see to a negative keyword list. Also add geo negatives if you are local, people often search for cities outside of what you are targeting.

Hope that helps anon good luck

[Anonymous No.11919480]

>>11910264
>12+ month probation period
lmao the worker's rights in your country must be shit

[Anonymous No.11919491]

>>11909860
I'm gonna have to second this, and add to it:

>Don't get hired by your friends unless you want to ruin that friendship.

In general, friendship and business don't mix and I don't care what the job is. It'll be a clash of egos and the result will be sour grapes and loss of friends

[Anonymous No.11919537]

>>11911118

I sold it for around 45k, in euro's that is. If I managed things a bit better and made it more lean then I most likely would have been able to sell it 200k. We had gotten some bad reviews due to an employee. The business I was in, social field, is mainly based on trust. That's why I was unable to sell it any higher than that.

Don't forget that your business is only worth what the person is willing to pay for it. Any other statistical evidence as financial advisors call it is quite worthless if nobody wants to pay for it.

If you want to sell I would launch a massive Adwords campaign beforehand so you have some great figures to show. And take Machiavelli into account "he who seeks to deceive will always find someone who will allow himself to be deceived.”

[Anonymous No.11919608]

>>11909849
Everything is deception. Not even just in business but in general in life.

[Anonymous No.11919834]

>>11912716
You mean Brilliant.org
?

[Anonymous No.11920125]

>>11909849
The amount of hidden extra costs you have to go through is proof things are designed to benefit larger businesses.

[Anonymous No.11920175]

+1 on the 'don't hire your friends', and I'll add that if you do, you should make clear that neither is trying to do the other one a favour. That's usually the foundation of the issue.

Also: who, not how.

Don't think about how you'll do it, but who could do it. That's how you scale a business. If you prefer to do it yourself, please don't call yourself an entrepreneur.

[Anonymous No.11920360]

>>11910296
>>if your business is IRL the customers are paying for the experience as much as the product

should be logical but thanks, saved as note for the future

[Anonymous No.11920663]

>>11910592
Hired? For what exactly.

[Anonymous No.11920704]

>>11919480
T. Jealous EuroCuck

[Anonymous No.11920889]

the IRS doesn't fuck around with late payroll taxes

[Anonymous No.11920936]

>>11909849
The fucking law is shit
Regulations are shit
People enforcing the law only want bribes
Fuck this shithole
>t. Brewery owner

[Anonymous No.11920958]

>>11920936
Also, fuck friends and family discounts

[Anonymous No.11920989]

>>11920936
And fuck the revenue service for auditing me twice a month

[Anonymous No.11921558]

>>11920936

Fuck everything then!

[Anonymous No.11921632]

keep this ho bumped pls

[Anonymous No.11921895]

And my stupid fucking alt portfolio is down 50% ahhhhhhhhhahahahahahahahahahahaahhaahahhhhahahahahahahajaajjajaajjajajajdjriendhsiwjendj

[Anonymous No.11922243]

Small business owners are turbo kikes. I work with one who brags about how he doesn’t give his employees sick days; makes them work extra to make it up while he goes golfing in Florida. Corporations are shit but at least they give you sick days and better benefits.

inb4 20+ angry Shlomos

[Anonymous No.11922591]

>>11922243
What a cunt

[Anonymous No.11922796]

>>11918275
Hmm i always get asked "if i called your ex employer" not when. Seems pretty aggressive but necessary to get a direct answer

[Anonymous No.11923007]

>>11922243
they're working for him for some reason, anon.

[Anonymous No.11923134]

>>11911013
Halal and haram brother

[Anonymous No.11923292]

>>11922243
yeah they get super jewy.

an ex-friend of mine got handed a used car sale business from his dad. It's pretty much automated. all he does is play vidya and works like 1 hr a day. he was whining that one of his workers had to be in the hospital for 3 days. he wasn't going to pay him or some shit.

in hindsight i hated that fuckin guy.

[Anonymous No.11923618]

>>11909849
read talmud and learn from jews so you can outkike the system and make money

[Anonymous No.11923887]

>>11922796
yea depends for what position you're hiring, it has worked great for me and its always interesting to see how people react to the question.

[Anonymous No.11923943]

Printing this thread

[Anonymous No.11924946]

bümp
for one of the greated threads on /biz/ since months

[Anonymous No.11925138]

>>11922243
I put some advice up earlier and am a business owner, but this is partly true (not with me though, I'm a great boss).

The thing is these business owners eventually will go out of business or have an unsellable business because throughout the lifetime of the business they didn't reinvest in it and scraped profits for themselves.

One person i know comes to mind, he's better off than most people but has to still work very hard as he didn't implement a growth strategy properly. Also nobody is going to want to buy his business when he's done with it, but worst of all, everybody thinks he's a tight git. Not a nice way to go through life.

[Anonymous No.11925338]

>>11925138
Let's say you're making 8k in profit a month. How much should you take off from that to reinvest?

[Anonymous No.11925428]

>>11925338
picking a random number out of thin air is meaningless, it depends so much on the business on your revenue on 1000s of different things. In general:
>always reinvest in things that will generate more revenue, if an ad or marketing campaign generates more than it costs then it's worthwhile
>you need to spend money on things that can prevent you from completely KO your business eg. Accounts in order, Insurance etc.
>don't buy shitty equipment that will break immediately, it can impact your business both because of the cost of replacing something often but more importantly the cost of lost business due to having something out of order
>not training and developing skills that will put you in line or ahead of the competition in years to come

In general if your business isn't growing, it's declining, things don't stay static in business. It's just a mentality more than anything.

[Anonymous No.11925581]

>>11911143
faggot lmao

[Anonymous No.11925590]

>>11912278
>tv shows
waste of time

[Anonymous No.11925652]

>>11910007
No shit batman

[Anonymous No.11925734]

>>11909849
EVERYONE LIES, STEALS, AND CHEATS

[Anonymous No.11925815]

>>11925428
>don't buy shitty equipment that will break immediately, it can impact your business both because of the cost of replacing something often but more importantly the cost of lost business due to having something out of order

The real problem is everything breaks at some point and it's hard to predict when, we hauled CNC machine parts through 3 countries by two cars cause ours broke down and there was no quicker way to get replacement asap to finish a preexisting order before deadline. Fucking involuntary adventure time.

[Anonymous No.11926156]

>>11925815
what's a CNC machine? curious but the general scenario sound pretty eventful, those kind of things you generally look back on with a smile

[Anonymous No.11926819]

I lost a lot of money until i closed all the business and start investing small, my latest investment was NANO >>11925699 the time you waste setting up your business is not worth it in my opinion unless if you have a solid business plan

[Anonymous No.11926986]

>>11925815

Fuck dude, I totally sympathize. Having to do an impromptu 2 day trip to pick up supplies or parts blows really hard core. I wish I had more profit margin just so I could have spares of everything + more inventory on hand.

>Storefront captcha

[Anonymous No.11927706]

customers who buy the cheapest items are generally the most annoying and obnoxious whiny cuntbags

[Anonymous No.11928257]

>>11927706
i was about to say that I buy cheap and I'm not like that. But then I realized, I usually buy midrange to higher end when I can afford it. Because it's more valuable when you break it down. For example, I could spend $33 bucks on the cheapest "store-brand widget." It will do ok for 5-6 months, does what I need it to do, albeit a few flaws. Then something happens. It shorts out, snaps, or I drop it and it shatters into a million pieces. OR, OR, OR. I spend $53-60 on the "Widget X 9000 Super Series." Steel Frame, US-Made, Reputable product. Last 3-5 Years. That's freaking value right there.

So I think you have a point anon.

[Anonymous No.11928300]

>>11909849
feel entitled to deserve the money, charge more
close harder
in the first year you probably won't make any money at all

[Anonymous No.11928306]

>>11909849
Sometimes you've got to thot in the woods, other times the tits fuck you.

Sorry, what was the question?

[Anonymous No.11928396]

>>11909896
>friends+family, 99.9% of the time it doesn't work out
Lehman brothers

[Anonymous No.11928402]

>>11920936
Hey, free beer at anons place! Anon runs a fucking brewery, he has beer coming out his ass! Literally! Come on dude, you have so much fucking beer, share the wealth bro! Why are you holding out on us, man, don't be a Jew.

[Anonymous No.11928444]

>>11926156
Prolly to late but CNC=Computerized Numerical Control, so imagine 3d printer concept more generalized as the head can be anything( drill/laser/..) since cnc just defines the control method. Obvious difference is 3d printer adds material, usual cnc machines remove from a block to get the final product.

>>11928257
> i bought expensive woodworking tools as a hobby and destroyed them quickly while working (chipped hard)
> father from friend gave me soviet era tools (they come from kazakhstan) that still hold completely intact after weeks

i blame planned obsolescence but what do i know, soviet tools have no data on the metal so can't really compare what it is but i do feel really scammed here. How the fuck can 50+ year old tools hold better than modern ones? Fucking disgrace.

[Anonymous No.11928715]

>>11928396
0.01%

[Anonymous No.11929004]

Quit trying to go the “legitimate” route and get really good at furry art porn. Pic related

[Anonymous No.11929011]

>>11929004
Alright, I better start making bisexual gay alien tentacle erotica art.

[Anonymous No.11929184]

>>11913563
>>11913585
T. Butthurt White Roasties

[Anonymous No.11929406]

>>11909849
Who is this boner condoner?

[Anonymous No.11929667]

>>11909860
This is why I prefer politics, it is the opposite of business; your friends are everything.
-t. Political Entrepreneur

[Anonymous No.11929850]

>>11913309
>>11909860
>>11919491
All of you are greedy fucking degenerates if you honestly believe this is true. I was in the military, and the guys who worked for me were some of the best friends I had ever had in my life. At work, they followed orders and acted professionally. Then we'd go out and have a great fucking time. One of them even became my roommate. I've never started a business, but if you and your friends are greedy enough to lose a fucking friendship over money, then you weren't very good friends in the first place. If your friends will respect you and your business, and understand that they need to follow your orders during work hours, then hire your god damn friends and make your job more enjoyable.

[Anonymous No.11929866]

>>11909849
>2 day old thread still online
OH NO NO NO NO

RIP /biz/

[Anonymous No.11929929]

>>11929004
One day, shame is going to happen. One day, that person won't want to be remembered as that artist who drew anthropomorphic nsfw. One day, there will be regrets...

[Anonymous No.11930696]

>>11929929
There's a french artist that drew some questionable subject matter. Tried to transition into professional work and his smut art past caught up with him.
He struggled to find non-porn gigs because everyone knew his style from his former porn days.

[Anonymous No.11930791]

>>11929866
>not a crypto thread
>anon is mad

[Anonymous No.11930854]

>>11909849

Dont trust Pajeets... Seriously though fucking Peernova scumbag swindlers.

[Anonymous No.11930863]

>>11929866
wow it's almost like 4chan used to be

[Anonymous No.11930946]

>>11914923
>>11917013
What the fuck did I just read?

[Anonymous No.11930972]

>>11930696
Is that who I think it is?

[Anonymous No.11930992]

>>11914923
find a computer dude and both of you put up money for a prototype. then you refine it and put up money for another prototype. and then you put up the money for tooling and die's at the chink factory. then you find many someones to sell your product in their online or retail store.

you could both probably get a hard money loan to do this. go for it, you'll probably fail but maybe you'll make it far enough to get bought out by a real company and retire rich.

[Anonymous No.11931300]

>>11929406
Her poor friend.

[Anonymous No.11931311]

>>11929850
There's a difference between regular people and military people. And a difference between working together in the military and working together for profit.

[Anonymous No.11931321]

>>11931300
It's probably her mom

[Anonymous No.11931471]

>>11930854
Worst people to ever do business with. Coincidence much that it's always them who never pay up.

[Anonymous No.11931504]

>>11931311
Again, if money ruins a friendship, then it wasn't a very good friendship to begin with.

[Anonymous No.11931699]

>>11931504
well most friendships aren't very good to begin with, especially if you live in shitty liberal megacities

[Anonymous No.11931812]

>>11928444
Its because the only tools left after 50 years are the ones that aren't complete garbage.

[Anonymous No.11932029]

>>11913220
>It’s so cost prohibitive to hire anyone when you’re a small business. Fight for $15 to an employer sounds like Fight for $20-$25. The shit employers have to pay and do to support employees is mind boggling.

I had no idea how true this was until I started researching starting a business in the UK. There are so many hidden taxes and costs when you hire someone such as employer's national insurance, employer's pension contributions. And this is on top of health and safety, employers' liability insurance, sick pay, maternity, paternity, business rates and commercial tax. An employee will end up cost at least double their actual wage for the employer. I can fully understand now why so many people do not start a business for themselves in the UK.

[Anonymous No.11932498]

>>11931504
It's not just the money. When you are running a business you are constantly making decisions and strategizing. It's one thing to work with your friends (can be good) it's a whole different scenario when it's capital/risk. Throw in ego's and things can get messy.

It can work if you clearly define the roles beforehand and stick to them.

[Anonymous No.11932515]

>>11909920
This is a solid larp op. Youre not gonna make it

[Anonymous No.11932530]

>>11909849
Lesson learned: even if you're extremely successful, taxes will destroy your business.
Not larping.

[Anonymous No.11932781]

>>11932029
>fell for the employee meme

the trick is to start a business where you're the sole employee and only hire contractors, you'll pay 25%-50% more but you don't have to worry about any of that garbage

[Anonymous No.11933105]

>>11909860
this is not true at all. Your behavior towards your friends will ruin the relationship not the fact that they work for you.

[Anonymous No.11933148]

>>11910264
loyal employees > cheap employees

[Anonymous No.11933306]

>>11932781
>you'll pay 25%-50% more
You mean pay 20-50% more than the employee's wage, or 20-50% more than the total cost of the employee? The latter seems like it's going to be even more expensive, I'm not sure the less hassle trade-off is worth it.

[Anonymous No.11933523]

>>11933306
Compared to top salary for the position, not the total cost


As a contractor he has to deal with all the shit of taking care of his NI and taxes, contracting is unironically the uber of outsourcing

[Anonymous No.11934035]

>>11913220
Retarded entrepreneurs get the rope too

[Anonymous No.11934126]

All the bourgeoisie-wannabe tears in the comments are great. Keep thinking tax cuts and less regulation is the reason you failed faggots lmao

[Anonymous No.11934585]

>>11933523
Hmm. I can't see how a contractor expects to pay those extra costs himself without passing them onto the customer/me. I will have to do a bit more research into this to see what is better.

[Anonymous No.11934586]

>>11934126
>comments

[Anonymous No.11934980]

>>11930972
Most likely were thinking of the same fellow.

[Anonymous No.11935037]

>>11920936
m8, you should consider taxes when calculating prices. if you are selling too cheap, it's your own fault. if you can't make a profit, then you are retarded for entering a market that you can't beat.

[Anonymous No.11936148]

>>11934585
Am just talking from a legal point of view here in the UK


Both an uber driver and a contract dev will be registered as a sole trader and have to file their own taxes and cover their benefits (IIRC the only mandatory one is NI). As far as I've seen on the market as a regular payroll dev, contract offers are in the range I mentioned unless highly specialised or it's 3 days a week or something, so I'd guess that covers those costs. They can't demand you do it, only a higher pay, which you can refuse. Imagine it as hiring another one employee company to do the job, you only have to pay the bill for the service since their company covers the rest.


If id is diff is cuz im home now

[Anonymous No.11936246]

>>11932498
>It's not just the money
> it's a whole different scenario when it's capital/risk
Uhm, thanks for proving my point? All of you mother fuckers are way too god damn greedy if you're losing friends just because you guys disagree on something that has to do with money. Flip a fucking coin for god sakes. If being "right" and getting a few more jew bucks will destroy your friendship, then you're just a piece of shit. It's that simple.

[Anonymous No.11936428]

>>11934585
A lot of them make their money under the hand while registering a fraction of their work on official record.

[Anonymous No.11936524]

>>11910264
>always employ with 12+ month probation period because you will probably find someone cheaper who will do a better job

For brainlet level jobs? Sure. For actual skilled labor/ intellectual labor, this is laughable. Vast majority of businesses are supported not by fancy equipment or processes, but by the people who work there. If you're reselling stuff from China for a few bucks more on Amazon/etc it won't matter, but for real businesses its all about the minds and the IP.

Case in point - failure of companies like IBM, Oracle, Deloitte, even Activision-Blizzard vs success of Nvidia, Google, Facebook, Guidewire. All about how they deployed and treated their human capital

[Anonymous No.11936637]

>>11912716
I'm not a dev, but a huge pain point will be the cost of days transmission paired with >>11913115 . You're fighting one fuck hill of a battle with all the biggest companies. I've sat down with many young guys (as an advisor for two programming friends) that want to build some kind of content site or social media site. No matter what is happening, the cost of delivering the data is enormous.