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-   -   Lessons learned in business. Post yours. (https://gfy.com/showthread.php?t=767490)

Miz_Wright 09-11-2007 05:54 AM

Quote:

Originally Posted by selena (Post 13070773)
If you are self employed, odds are that you qualify for an SEP IRA, which allows you to invest larger percentage of your pre-tax dollars than a Roth does. That amount is 25% of my income for this year, according to the good folks at T Rowe Price. :)

There are a number of ways to plan for retirement as a self-employed person, and it's always a good idea to look into as many of them as you are eligible for - there are SEPs, SIMPLEs, Keoghs, the ubiquitous 401(k), Roth, and traditional IRAs... and each has benefits and drawbacks. Work with a certified financial planner - it's worth it to invest in someone with those letters behind their name - to establish a game plan that encompasses your business and your personal future.

SomeCreep 09-11-2007 05:58 AM

Eh, Karate Kid pretty much sums it up.

"Fear, does not exist in this dojo, does it? NO SENSEI!"
"Pain, does not exist in this dojo, does it? NO SENSEI!"

sweetcuties 09-11-2007 06:05 AM

No matter how much $$ you have, you can still be a piece of shit :2 cents:

Vick! 09-11-2007 06:36 AM

* Be determined and don't loose interest in your work, especially new projects.

I am not a millionaire just because I cannot keep interest in my shit. I always start a project and hangover in the middle. So, if you need success .. be determined and never loose interest and hangover the projects in the middle.

I give you an example, I thought of a project in January this year .. registered a domain and just be an ass and didn't worked on it further ... I knew its a success but still I was not giving that project only a couple hrs it needed.

Ultimately, somehow I gave it those couple hrs in end of July and now, after 1 month, its making me $2,500 a month and takes only 30 minutes of mine every week. Guess how many grands I lost since January?

So, when you starts a new project ... don't loose interest in the middle and work on it till its successful.

Vick! 09-11-2007 06:39 AM

O'yea!

* Hire people, you cannot do each and everything alone.

I do not mean hire for design, development .. thats inevitable because you cannot do that. I am talking about hiring people to handle stuff you can even do yourself. It will save your time and you can focus to more productive work and innovative ideas.

Grapesoda 09-11-2007 06:45 AM

Quote:

Originally Posted by Amputate Your Head (Post 13068330)
Be careful what you wish for.

I was a network tech for AT&T. All I wanted to do was make websites and get paid for it. It came true. I never wanted to be "Amputate Your Head". I never wanted to work in porn. I didn't even care how much I made.... as long as I could do what I loved.

Now, I hate it more than anything else on this Earth. But I can't escape from it. I've tried for the last two years to find something else. And for one reason or another, nothing works out across the board.

Be very careful what you wish for. What I have today is definately not what I imagined, nor what I wanted. But I got it, and there's no way out.


very true, all I ever wanted was to get paid to photograph nude girls. now all I do is argue with pimps about money and wonder where a bunch of crack heard are that never show up

garth brooks has a song about that: thank god for unanswered payers.

Vick! 09-11-2007 06:49 AM

Quote:

Originally Posted by who (Post 13070440)
This has always been my philosophy, but sadly the imitators are getting just as rich as the innovators. :upsidedow

Nothing personal. But what innovation you have done in the industry? Just curious as you said it has always been your philosophy.

In the internet, you cannot keep your innovation private .. people will just copy your idea and/or stuff ... put a couple extra in it (their innovation?) and will leave you behind.

Sansa 09-11-2007 06:50 AM

Quote:

Originally Posted by sweetcuties (Post 13070932)
No matter how much $$ you have, you can still be a piece of shit :2 cents:

Frequently the shittieness of your attitude is directly proportional to the amount of cash in the bank taken to the power of the size of your balls. That's how you start losing friends.

GatorB 09-11-2007 06:56 AM

Don't do business with Stickyfingerz

RevengeBucks_Monica 09-11-2007 08:17 AM

Quote:

Originally Posted by who (Post 13070440)
This has always been my philosophy, but sadly the imitators are getting just as rich as the innovators. :upsidedow

The innovators will earn money as they are continually innovating while the imitators are stuck piggybacking and getting left behind.

Axzar 09-11-2007 08:28 AM

50 lessons

tara99 09-11-2007 11:16 AM

Quote:

Originally Posted by V_RocKs (Post 13070423)
Business + Friends = Enemies.

Could you elaborate more about it ? :helpme

CynthiaB 09-11-2007 11:18 AM

Somebody is going to get it (the cash, the job, the opportunity) so it might as well be you. Ask for what you want. You'll be surprised by how often the answer is yes.

GT-Omar 09-11-2007 11:24 AM

Do what you say your going to do!

And if the case arises that your not going to able to meet your deadlines in a timely manner approach your clients, partners,etc..... before they approach you. Oh make sure it's not a "oh my grandmother died last week" excuse. Be honest! You will gain more respect, and trust from the people you do business with. My 2cents

DamageX 09-11-2007 11:27 AM

Quote:

Originally Posted by tara99 (Post 13072442)
Could you elaborate more about it ? :helpme

Means don't do business with friends unless you're prepared to have them as enemies.

Nikki_Licks 09-11-2007 01:35 PM

One of the most important thing I learned was to research whom I do business with.
I learned real quick to not do business with that slime dirt bag mother fucker Jay Servidio of Teleteria. He ripped us for thousands as well as many others.

The biggest "CROOK" on the internet!!!!!


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