Biz Thread: Do You Re-invest Your Revenue?

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  • Pipeline Q
    Confirmed User
    • Dec 2004
    • 3891
    #51
    I'd have to say a few times a year I attempt some form of online expansion and then concentrate on the best long term prospect of the group.

      Comment

      • slapass
        Too lazy to set a custom title
        • Nov 2002
        • 14625
        #52
        Originally posted by Pipeline Q
        I'd have to say a few times a year I attempt some form of online expansion and then concentrate on the best long term prospect of the group.
        Cool I do the same thing. Start like 3-4 little things and let the one run and kill the rest.

          Comment

          • Dildozer
            Confirmed User
            • Jul 2002
            • 7519
            #53
            I'm slowly expanding my business, as i barely have time these days with full time school, so i pay my employees, bills, barely pay myself as i still have reserves from the old days, and the rest will be transfered into another corp that only does real estate.

            I'm getting taxed too much on the gains i'm pulling from my current re-sale, i think it makes sense to use a corp to both protect my ass in case of shit happening and to save on taxes.
            Spam link here

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              • xxxdesign-net
                My hips don't lie
                • Nov 2002
                • 10129
                #54
                Originally posted by WiredGuy
                I would say over 80% is put right back into the company. I rarely take out from the company unless there's an urgent need and since corporate taxes are lower than personal, I tend to leave most earnings within the company.

                WG
                what about a house/condo, car.. ? No short plan for that..? Personally. this is where my money is going for the most of it...

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                  • KCat
                    Confirmed User
                    • Sep 2002
                    • 2204
                    #55
                    After all the Visa shit last year I decided to invest my income in a totally different business. I bought a club with a couple of partners that has been doing very well. A lot more work than I was expecting, but feels great to have another source of income should either industry go tits up.

                    ~ 300+ FHGs, 100,000 pics to use plus a rockin' Video of the Day download! ~

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                      • Paul Markham
                        Too old to care
                        • Jun 2001
                        • 52942
                        #56
                        I ask Eva if we can afford a sandwich for lunch, if she say yes I invest in some bread.



                        Blowout deal. 880 videos, 2,400 image sets, plus many RAW videos. $500.
                        PM me for a deal. Skype Paulmarkham70

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                          • Theo
                            HAL 9000
                            • May 2001
                            • 34515
                            #57
                            of course, there's no better investment than my business.

                              Comment

                              • Drake
                                Hello world!
                                • Mar 2003
                                • 12508
                                #58
                                Originally posted by DrinkingHard
                                Don't mean to showoff.

                                I'm sure there are lots of people here that will be glad to flaunt their porches and bling bling cars. However if the internet crashed today, how many of them would still have those cars after a year.

                                Worse comes to worse, I have a roof over my head.

                                DH
                                And this is why real world assets will always rule over online ones.

                                  Comment

                                  • Xenophage
                                    Registered User
                                    • Oct 2001
                                    • 12122
                                    #59
                                    quote:
                                    --------------------------------------------------------------------------------
                                    Originally posted by DrinkingHard
                                    Don't mean to showoff.

                                    I'm sure there are lots of people here that will be glad to flaunt their porches and bling bling cars. However if the internet crashed today, how many of them would still have those cars after a year.

                                    Worse comes to worse, I have a roof over my head.

                                    DH
                                    --------------------------------------------------------------------------------



                                    nice

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