Poll: Would you?
Poll Options
View poll results: Would you?
No
10 31%
Yes
16 50%
Yes, but largely because of the money.
3 9%
I already own a business being a pimp for illegal Filipono women midgets.
3 9%
Voters: 32.
#1
Was having a talk with my friends about this.

Friend of mine used to think it'd be a good idea owning an opticians and running it, but now he considers that it may be too much work. Hiring people, firing people, taxes, suppliers, marketing, all that in the hopes that you end up in a profit at the end of it all.

On one hand, I can imagine it to be rewarding IF IT WORKS OUT financially. However, whether it does or not, you're gonna have the business floating over your head all the time, upon waking up until going to bed with possibly very long hours.

Quite honestly, I think if I would earn enough money (key word being enough) with a job and be able to look forward on me time after work, I'd be pretty happy. Sure, more money is always nice, but I fear a business would be overwhelming.

So what does the Pit say?
Last edited by Philip_pepper at Mar 27, 2014,
#2
It totally depends on what the business does.

Next question
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#3
Nah I wouldn't. First off I'd get sued by like the first week, second I'm too lazy, third I'd get sued by the third week
#4
Absolutely not, unless it was entirely online.
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#5
ADD incarnate

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#6
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Was it phil that wanted an online business?
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#8
One could make a pretty good business out of closing Phillip's threads.

Edit- Seriously though, with the work I do, it's a lot easier to work for someone else.
Last edited by Dimarzio45 at Mar 27, 2014,
#9
My entire family runs businesses, it is a lot of work and super stressful but I'd like to get into it.
#10
I think I would definitely be capable, but I somehow think I'll be happier when I don't have to stress about my own firm all the time.
#11
i wouldn't run a business for the sake of running a business, i'd be running it because there was something i really wanted to do or make but couldn't find anybody to pay me for it
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#13
I'd run a business, yeah, right into the ground.
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#15
I want to own a petstore, but insted of pets are there prostitutes for sale. And i wouldnt be a manager, but a pimp.
#16
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#18
Hell Yea. I haven't worked for someone else in 6 years. When I was 18 I was already starting to write business plans (they were very terrible then). Heck even the damn consignment shops you can start up with about 5 grand (which is nothing for a startup) are averaging around 40-55 grand a year all over the USA.

Nothing like doing things YOUR way.
Last edited by cheesefries at Mar 27, 2014,
#19
I'm the manager of a retail store, which obviously isn't a very close comparison, but I'm in charge of everything but ordering new stock and balancing finances. I'd imagine those are huge parts of the business, but doing everything else isn't that big of a deal. I only turned 18 less than 2 months ago, and I'm finding it pretty easy.
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#20
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What about the eBay shop Philip's PerSPECtive I told you to start?


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Come on, maaaan. This is totally related.
Last edited by Philip_pepper at Mar 27, 2014,
#21
Quote by BledGhostWhite
I'm the manager of a retail store, which obviously isn't a very close comparison, but I'm in charge of everything but ordering new stock and balancing finances. I'd imagine those are huge parts of the business, but doing everything else isn't that big of a deal. I only turned 18 less than 2 months ago, and I'm finding it pretty easy.

Cool.Do you have a office? Do you have combover and yell " you are fired!" If they screwup?
do you take office supplies with you home?
#22
People in my family have very successful businesses. Business defines their life and occupies most hours of their day. I personally think they are sick.
#23
Quote by Thrashtastic15
People in my family have very successful businesses. Business defines their life and occupies most hours of their day. I personally think they are sick.


Why?
#27
Probably not on my own no, and not if I wasn't confident there was a good target market out there.
For the first few years you'll be putting in tons of hours, more than an average job, in order to sort out the funding, purchasing, forms, taxes, insurance, health and safety and shit loads of admin. I would think that running a retail business would be a lot harder than a consulting/service company.

If I was better at making jewellery or home made beauty products, I would probably consider selling online. But I'm not passionate about anything enough right now to make money from it.

I know the directors at my workplace used to work 7 days a week to try and build a client base, when they started up the business 30 years ago, they're only in recent years been able to cut down to 4 days a week. That could be because of the industry they're in, because we did have an employee who tried to set up his own business in our industry and found out after a month that he couldn't cover his overheads when he had a vehicle to run and stock to buy whilst remaining competitive.

In short, if you can't offer a better service or product than a larger, existing company can provide and remain competitive, it's you're likely going to struggle.
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#28
you'd have to be prepared to lead a shitty life for probably at least a couple years. usually that'll involve tons of work to get your business off the ground, low income, etc.
#29
Quote by progdude93
you'd have to be prepared to lead a shitty life for probably at least a couple years. usually that'll involve tons of work to get your business off the ground, low income, etc.


My grandma ran her own business from her 20s to her 80s. And "raised" three kids in the process. Wasn't easy for sure, but she managed it successfully, but her kids suffered from it cuz she didn't take the time to be a good mother. So I dunno if it's worth it in the long run.
#30
Owning an opticians could be a good idea, but i can't really see it.
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#33
I always wanted to start a company that organized marathons, I just don't think I would be good enough to run it very well.
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#34
I do own a business and have for a long time. Yep it's a lot of work and there is risk involved but controlling your own destiny is pretty sweet.
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