Discussion in 'the CleAn Room' started by Wandslinger, Dec 25, 2016.
I didn't think you are grumpy, it's just because you are surrounded by idiots.
Especially when he's standing in front of this
You didn't catch my spelling of your name. Are you a little slow today?
Fred and Marty, I'll spare you the explanation. (pearls before swine...)
Cryptwell just called you an idiot
Go to you local Craigslist and find today's example of a Owner Op going out.
No client list or speculation with this guy, he just travels to much to bother..
https://vancouver.craigslist.ca/rch/cto/5871091268.html. here's one. just equipment.
People ask too much for junk
My 2000 Butler goes up for sale in the spring and I'll be asking about the same
https://victoria.craigslist.ca/bfs/5872421158.html here's another with customers
60 k net or gross? Thats slim pockings either way. I do better than that and I'm a lowly porty hack. Save your money! ( and have wealthy relatives)
Shit, I put about that much in my retirement and investment accounts annually
Fund your SEP to the max allowable every year ( 25% net)
One of the most prudent tax strategies available, and will allow you an EARLY exit if you choose
I met a guy that does this while I was cleaning carpets. His expenses were an S-10 pickup with a nice wrap, a cell phone, a place to park the truck, a five gallon bucket w/garbage bag, a scoop, and a dumpster.
I may start in the business when I get older. Find a nice neighborhood with dogs and take a walk for 2-3 weeks a spring. Not a bad way to make Beer money.
Teach me your ways o Master! Takes me 2 years to make that much.
This thread should be renamed
Dopes with high hopes
Fred is right on, for most of us an exit strategy is having $500k to $ 1million in income generating assets someday.
Small businesses go up/down in value fast and furious. Unfortunately most of us sell when things are going bad instead of selling in our best year. Has nothing to do with carpet cleaning, just human behavior.
If you start early, 500k- million is easily attainable $100 a week over 30 years will achieve that
Doesn't provide sufficient income IMHO
Unless you're choking chickens in the Phillipines , you'll draw that sum down before you need a walker
Here's a fun calculator , see what 30 years will do
Damn, Im screwed....
You should see how the mexicans and white trash do it in Scruz. I have a buddy who runs the housing management department.
Free house, EBT cards, Obama phone and more
Under the table jobs gives them 50k a year extra cash to play with.
I think he called you a swine, Fred.
They do work the system. I'm po'ed at both the people who feel entitled to it, and the large group who profit from administering it.