I was also damn curious as to why the walk away approach. That is why I was very curious as to what Quiet ran. After scouring this board I finally found a link.

I understand what it is like to let someone else run the show. Specially with something you have built and grown into something so big. I too would lean towards killing it myself then letting someone else destroy it. Yet I would with great hesitation let someone else run it for me. Worst case is they begin to mess it up and you come in and give it the axe like planned. It is nearly a win win gamble for you. If your lucky you can check into your site after 3 or 6 months, if all is looking good you got yourself a cashcow that takes no time or energy from you.

It would be a tough job finding someone to run it to your standards, it could be done though I am sure. You may have all the money you think you may ever need, and your probably right. Then again shit happens, women, medical conditions, kids, you name it. Yet you are prepared to slit the throat of a well oiled working business, one that could last for years if not decades or longer. Something if ran correctly could provide you, your family, or anything else with funds. Remember you can never turn the clock back and just redo what you have accomplished in this new business medium.

You can think whatever you want, but I am not a gold digger, and I have no romantic interest in quiet and never will. In fact, I'm getting married April 26 to the most amazing man in the world! I love Nathan (my fiance), and no amount of money, or lack of money, will ever change that.

Karen

OMG I saw that story comin a mile away, regards to nathan LOL

I did not say Romantic interest I said Gold Digger

lol

the facts are, that i fucked almost all of my relationships over due to 'the business'.

i've worked 15 hours a day, every day, every week, every year, for years and years on end. i lost my 4 year girlfriend over it (which i have deep regrets about). my brother and i are no longer close because of my incredibly strong work drive and dedication to my business.

if you haven't experienced it, you really can't comment. there are other things i want to do in my life, and they have nothing to do with making money.

maybe that's why i have the balls (or sheer stupidity) to walk away. life is short, and there are more things to do than collect money.

Dude, I respect that but I also know 4mil isn't a lot of money anymore. Even invested it can and will still go fast when you are used to a certain way of living. Get over the separation anxiety and let the business run by itself until it can run no more.

before we talk 4 mill, there is also 2 homes, a couple 100K investments, and no debt. you don't get it. and that's cool. i will squeeze every penny out of my sites before they are shut down. this takes much thinking and planning (which has already been worked out).

i won't be a slave to money for the rest of my life :)

Ive lost before, Ive built a major business before, and I have lost family and friends over it. I understand all of those reasons.

I respect that. All damn good reasons to hang up your hat. Life is more than making money, that is for sure.

I do not think its stupidity, hell I doubt that can even be factored in with what you have done. I personally just never saw the why's before, aside from that your young and want to travel and live life.

It's too bad you missed the 60's and 70's. You could have been a rich hippie! Free Love baby!:rainfro

once you make enough to never work again, it has strange effects. the most obvious that you are no longer a slave to money....

Yeah, I guess it all depends on your lifestyle man. $320 million for me.

In Brookly that wont last long, pornwolf rethink

Haha, yeah well the actual target is 2 billion but I'm trying to condition myself to settle if necassary. :winkwink:

who needs mutual funds when you have internet? not me

You will get the same answers as before.

To answer Terrance111's question. PF steered me to Vangaurd in my early years and I have never regretted it. PF also steered me into property investments and fixer uppers and I have never regretted it. Vanguard has been stable even with the drop in the market. The fixer uppers are all rented and are paying for themselves with equity and value growing each year that passes by. Property values just increase with each passing year. Some one once said "invest in real estate because they are not going to make anymore."

Are you speaking about Vangaurd???

The best thing to know with mutual funds is to know the facts.

86% of all mutual funds perform under the market

Mutual funds managed by fund managers usually cost you 1% to 2% in fees.

My personal opinion is that if you are doing mutual fund INVESTING (long term) and not mutual fund SPECULATION (getting rich quick) the best thing to do is to go with passively managed funds. These are mutual funds that seek to return the rate of the INDEX that they follow. These funds follow any index from the Dow Jones Industrial, to the S&P 500 to semi counductor indicies. The beauty of these funds is that you are gauranteed to math the market and, your fee is usally about .2% or . 1%.

In the long haul these are the best way to go. You are going to be inline with the market, but you are actually comming out a head because of the costs.

A kick ass book to read is "Greed is Good" The capitalist pigs guide to investing...... best book i have read


naz

You're right on with the effects of money and hard work Quiet. Every relationship I've had was severly effected by my being a total workoholic in business. I've always prioritized it over the women in my life and paid the price for doing so.

Few women can handle a guy who is so into his business stuff 24 / 7. Its very hard to balance both worlds. My last wife was pretty good about it, but even she eventually couldn't deal with anymore.

Family also. Haven't talked to my brother for 9 years.

Really sucks thats for sure and as you get older you wonder if it was really worth it all for what you had to give up for your biz.

Buy gold, oil and defense related stocks.

Up 130% the past 2 years.