The Nigerian
The Realest Member of TheColi
If you're doing it right people actually seek you out and look for you to work for them. What you described was some entry level sh!t.
10 reasons you should never get a job
- Thread starter john goodman
- Start date
Im only 19 so im kinda jumoing the gun lol anything I do at this point will probably be entry level
The Nigerian
The Realest Member of TheColi
Dude, you're going to eat shyt at some point in your life. Everyone does.
[ame="http://www.youtube.com/watch?v=DVYHjEeYGFA"]"Welcome to the layer cake, son." - YouTube[/ame]
Where are you getting the money to start buying property and repairing it? Its a BUYERS market right now, not a sellers, so all ready your off to a bad start in a bad economy. Your gonna end up with some low income houses with dudes with no credit moving in, destroying your property, forcing you to evict them and all that shyt, and most of them gonna skimp you on the rent anyway, what you gonna do when 75% of your tenants tell you they aint got it this month, theyll get you back. Your gonna need to buy a few properties and hope one of them sells so you can keep your machine running, and shyt is not selling right now. So where are you getting capital to buy 3-4 properties and repair them? SO you are qualified to do, electrical,heating, plumbing, carpentry and other skills needed to fix up homes? You got money to fix A/C units and water heaters, replace the piping in the homes when fukkers break in and steal all your copper out of the fukk walls? You prolly gonna have to appliances if you renting them out... Look son,i know what your trying to say, but you really dont know what you would be getting your self into. Think before you quote me becuz your gonna need to come correct. Collecting trash breh really? You mean scraping? Unless your stealing shyt out of housing developments and business, your not gonna make shyt getting stuff from residential trash. Whos paying for the truck to haul shyt and the gas, you have a bad few days of junk hunting, the fukk you gonna do then? Insurance,vehicle mantience, what if your truck breaks down, what if someone hits you and destroys your car. You cant be serious mane. Its just not that easy dude, your not the first one to think of these ideas, they require a ton of work and are risky.
This guy right here aint never lied. I swear my father fell into this trap a couple years ago man. I remember him taking me to the house he planned on renting out and just stepping in Im like
I already know this aint goin work out. And just like you said , had tennants in dat bytch that didnt pay rent and long story short he ended up filing for bankruptcy.
Im aware, thats wy Im not necessarily taking everything the op said and running with it. Just cause he posted that agenda driven article doesnt mean Im going to quit school and not "work for myself", like has been stated even the op doesnt even do this.
The Nigerian
The Realest Member of TheColi
The OP is an eBook hustler that hustles eBooks that each you how to hustle eBooks.
Pay him no mind.
I should have known. Ive researched/studied internet marketing for some time now and everything in his post fits that description to a tee, quite frankly I cant of do shyt like that for simple reason that whatever I "hustle" has to offer people value, I aint tryna be one of these scumbags out here selling nikkas "snake oil"
Where are you getting the money to start buying property and repairing it? Its a BUYERS market right now, not a sellers, so all ready your off to a bad start in a bad economy. Your gonna end up with some low income houses with dudes with no credit moving in, destroying your property, forcing you to evict them and all that shyt, and most of them gonna skimp you on the rent anyway, what you gonna do when 75% of your tenants tell you they aint got it this month, theyll get you back
This is 100% on the money. My parents rented out our old spot when they bought a new one and they got put on quick to rent that shyt out through the government. Basically the mufukkas gonna tear your house up anyway but at least if its through the gov. you will always get your paper on time. Its less money than finding your own tenants but you dont have to worry about evicting anyone and dealing with people who dont want to pay.
It was our old home so it already had appliances, carpet, etc...so there werent any costs like you would have rehabbing some shyt you bought for cheap to flip. My pops was a licensed contractor so it was always either he was able to do any repairs himself or he knew someone who could for cheap. Them nikkas, yes nikkas, would tear up any and everything and make up lies about what happened. The best thing that happened is one year there was a bad snowstorm and the power went out, these fools lit candles right underneath some drapes. The whole damn house burned up and when the firetruck showed up them fools were still high as a kite talking about they dont know what happened. We got the insurance money and never looked back.
john goodman
All Star
Damn man... Sounds like the demons got you, I'm disappointed
Red Maverick II
Special A Class Hunter
Thats the risk you take being in business son
Bigger risk = bigger rewards
If you compare a successful business owners income to a successful CEO that works for him/her, the business owner will have a significantly higher profit margin compared to the CEO.
It's common sense. Why would you pay someone who works for you more than you pay yourself?
Look at the NBA. Yeah the star players are caking, but imagine how much the team owners are getting then.
Being an employee is a "more secure" income stream, but even thats not the whole truth.
Having multiple income streams > having one.
Especially when you can get fired and fukked over thru no fault of your own
My website is in my sig breh. Just been up for a couple months though, a nikka still learning the ropes of this shyt.
Anybody who wanna fukk with me on some serious shyt just PM a nikka. Other than that I hope everyone gets what they want out of life.
I give you props for putting it out there for nikkas to man up and put they shyt out there. It's easy to talk that talk, but you gotta walk it too. I think that what always makes these threads fail despite the numbers. The rest of this thread should be about nikkas talking about what they do and actually give fukking details but we'll see how far that goes..
I respect that you tryna hustle and you have actually started something. My first piece of avice would be to get an entirely web layout, it looks tacky, and kind of like a scam. If you got a couple hundred I would hire nikkas on odesk.com or elance.com to do this for you. Second what do you even do on the site? and lastly with any succesful site you want to create backlinks, research keywords and/or write articles to get ranking in google so I would go to warriorforum.com to read on the topics I just discussed. If your into doing possible morally ambiguous things then blackhatworld.com
Red Maverick II
Special A Class Hunter
Come on son
You're comparing incomes from two VERY different fields
If you compare business owners and employees in the SAME FIELD, then yes, successful owner's income > successful employee's income. ALWAYS
Didn't know there were so many happy slaves on here
The Nigerian
The Realest Member of TheColi
Sounds like you're full of sh!t.
Man I feel you breh, I didnt mean to come off as some broke ass nikka who saying fukk getting a job. Im actually in school working on a mech-eng degree breh. It still stands tho that Im using that as a means to an end until I find something of my own I wanna work on but I wasnt advocationg taking the op's advice and quitting everything cold-turkey with no plan or backup plan.
So in other words, business owners will NOT always make more than career professionals. It depends... on the individual
How can you pay yourself anything if the costs of your business are more than the revenue it generates? That is basic accounting... and why businesses fail. Do you understand the concept of profit? You do know MOST businesses fail right?
Business Failure Rates: What Percentage of Businesses Fail?
Most people can hold a job for more than 4 years....
Yea, the owners are getting more, but the players are still getting millions. And the owners get more, because they own rights to the league and put up the initial capital to start the NBA. So of course they would get paid more.
And yea, having multiple income streams > having one. Why can't someone be an employee, own real estate, have investments, maybe have some kind of e-commerce thing going, do that affiliate marketing bullshyt everyone claims they make tons of money from with no work, etc? You claim multiple streams of income are good, but knock having a stream of income from an employer
And like I said already, most of you nikkas suck at your jobs and know you bring no value to your employer, which is why you hate having a boss. You live in legitimate fear of getting canned because you haven't put yourself in a position to create value. But yet somehow you think you will have the drive, ingenuity, skill and discipline to run a successful business, which is 100x harder than punching a clock... often for not much more money. Most nikkas don't know accounting,customer service, marketing, business management, TAX MANAGEMENT... most of yall don't even have a basic skill, idea or product to sell. The ones who actually have businesses are in here telling folks its not the cheat code to prosperity and easy living yall think it is. But go ahead and keep buying that dream instead of making the most of the situation you're in.....
I'm gon keep gettin dis bwued
We livin that, 10th percentile household life over here 
Employment, small business, and investments all in one formula 