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Started By
Message
Do you have your own business?
Posted on 6/15/15 at 1:06 pm
Posted on 6/15/15 at 1:06 pm
If so, what are some of the craziest challenges you've encountered? If you don't, what's stopping you?
30
Posted on 6/15/15 at 1:08 pm to Cheesy Beaver
quote:
what are some of the craziest challenges you've encountered?
paying taxes
Posted on 6/15/15 at 1:11 pm to tgrbaitn08
quote:
paying taxes
times 1000%
Posted on 6/15/15 at 1:13 pm to Cheesy Beaver
In my old business the craziest challenge I had was staying one step ahead of the cops.
Posted on 6/15/15 at 1:17 pm to Cheesy Beaver
quote:
Do you have your own business? by Cheesy Beaver
quote:
what are some of the craziest challenges you've encountered?
The boss. He's an a-hole!
Posted on 6/15/15 at 1:44 pm to Cheesy Beaver
Getting clients to pay me.
Posted on 6/15/15 at 1:46 pm to Cheesy Beaver
finding competent, reliable, trustworthy employees
Posted on 6/15/15 at 1:50 pm to Cheesy Beaver
Inventory tax is the one that pisses me off the most.
Mostly it's been positive.
The worst thing is the constant solicitacians from other businesses that want you to use their products and such. Other than taxes it isn't bad.
Mostly it's been positive.
The worst thing is the constant solicitacians from other businesses that want you to use their products and such. Other than taxes it isn't bad.
Posted on 6/15/15 at 1:52 pm to Cheesy Beaver
Getting clients to pay me on time or at all
Posted on 6/15/15 at 1:55 pm to Cheesy Beaver
What I've learned in 18 years:
Don't let the business own you.
Firing customers is sometimes the right thing-they aren't always right.
If he's a problem the first 90 days, he ain't gonna get any better. (employee)
You can't pay top people too much.
Never say "No" to your top customers.
Find a good attorney and listen when he talks.
Borrow sparingly-don't live on your line of credit.
Underpromise and overdeliver. If you can't do it, tell the truth.
Avoid small businesses as clients-they have all the need and none of the money.
There is profit in chaos. Act accordingly.
Don't let the business own you.
Firing customers is sometimes the right thing-they aren't always right.
If he's a problem the first 90 days, he ain't gonna get any better. (employee)
You can't pay top people too much.
Never say "No" to your top customers.
Find a good attorney and listen when he talks.
Borrow sparingly-don't live on your line of credit.
Underpromise and overdeliver. If you can't do it, tell the truth.
Avoid small businesses as clients-they have all the need and none of the money.
There is profit in chaos. Act accordingly.
Posted on 6/15/15 at 1:57 pm to VetteGuy
what kind of bidness are you in?
Posted on 6/15/15 at 1:58 pm to VetteGuy
quote:
Avoid small businesses as clients-they have all the need and none of the money.
Amen.
Posted on 6/15/15 at 2:00 pm to 777Tiger
Pool digging. 
IT.
IT.
Posted on 6/15/15 at 2:01 pm to VetteGuy
quote:
Pool digging.
we could still do that you know
Posted on 6/15/15 at 2:03 pm to 777Tiger
quote:
we could still do that you know
Judging by the wide variety of bids I got, there's a ton of money to be made.
Most customers would fail my selection criteria, though.
Posted on 6/15/15 at 2:04 pm to Cheesy Beaver
I mind my own business. Does that count?
Posted on 6/15/15 at 2:04 pm to Cheesy Beaver
Collecting! I still have an unpaid invoice for West Jefferson Medical Center for over $20,000 from 2007.
Posted on 6/15/15 at 2:04 pm to Cheesy Beaver
Mind "your own business" about my business
Posted on 6/15/15 at 2:06 pm to VetteGuy
quote:
Most customers would fail my selection criteria, though.
you had some good ideas about it though, seems like the one thing most small contractors like that have in common is the inability to manage money
Posted on 6/15/15 at 2:10 pm to 777Tiger
It is like any other business, you'd have to educate the customer about why you cost more.
For example, using the correct PVC instead of heating it with a torch to make the bends.
We would stick w/ second time pool builders (owners).
First-timers don't know any better.
For example, using the correct PVC instead of heating it with a torch to make the bends.
We would stick w/ second time pool builders (owners).
First-timers don't know any better.
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