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re: Do you have your own business?

Posted on 6/15/15 at 2:11 pm to
Posted by Sparkplug#1
Member since May 2013
7352 posts
Posted on 6/15/15 at 2:11 pm to
yes.

Keeping my empoyees from drinking when not at work.

Whats stopping me? The law.
This post was edited on 6/15/15 at 2:16 pm
Posted by VetteGuy
Member since Feb 2008
28110 posts
Posted on 6/15/15 at 2:19 pm to
I'm glad you fixed that.
Posted by Cdawg
TigerFred's Living Room
Member since Sep 2003
59445 posts
Posted on 6/15/15 at 2:30 pm to
Balancing family and work.












and getting clients to pay in a timely manner.
Posted by OWLFAN86
The OT has made me richer
Member since Jun 2004
175719 posts
Posted on 6/15/15 at 2:53 pm to
quote:

and getting clients to pay in a timely manner.
or at all
Posted by gsvar2004
Member since Nov 2007
7952 posts
Posted on 6/15/15 at 2:59 pm to
i own my own business, and marketing is what kills me. i am not so good at it.
Posted by OWLFAN86
The OT has made me richer
Member since Jun 2004
175719 posts
Posted on 6/15/15 at 3:08 pm to
quote:

i own my own business, and marketing is what kills me. i am not so good at it.
might be your capitalization and spelling ( or lack of) on your brochures.
Posted by Alatgr
Mobeezy, Alabizzle
Member since Sep 2005
17660 posts
Posted on 6/15/15 at 3:25 pm to
quote:

The worst thing is the constant solicitacians from other businesses that want you to use their products and such.


I get more calls from these people than potential clients.
Posted by austintigerdad
Llano County, TX
Member since Nov 2010
1884 posts
Posted on 6/15/15 at 3:26 pm to
(no message)
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35494 posts
Posted on 6/15/15 at 3:41 pm to
quote:

Firing customers is sometimes the right thing-they aren't always right.


It's amazing how the stress goes away when you fire a problem customer. They cause so much trouble and can cost a ton.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35494 posts
Posted on 6/15/15 at 3:43 pm to
quote:

seems like the one thing most small contractors like that have in common is the inability to manage money


There are a few things that set contractors small and large back.

1) What you said. They rob Peter to pay Paul and eventually that kills them.

2) They aren't where they say they will be when they say they will be there.

3) They don't communicate - particularly bad news.
Posted by Breesus
House of the Rising Sun
Member since Jan 2010
66982 posts
Posted on 6/15/15 at 3:52 pm to
I do.

The biggest challenge is making my self do the fricking work somedays.

I have no boss and no employees, so if I don't feel like working it can be a real bitch to motivate myself
Posted by BBATiger
Member since Jun 2005
16517 posts
Posted on 6/15/15 at 3:54 pm to
Finding trustworthy labor that can pass a piss test.
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 6/15/15 at 3:58 pm to
quote:

1) What you said. They rob Peter to pay Paul and eventually that kills them.

2) They aren't where they say they will be when they say they will be there.

3) They don't communicate - particularly bad news.



my Dad was a GC, had a pretty good sized operation and those were huge issues with him, he eventually more or less absorbed 2-3 subs because he needed to keep them from going under so that he could bid sizable jobs and have the work force to complete the job, did their pay roll, bonded them, took up the notes on their equipment, you name it
Posted by American Pimp
Member since May 2015
128 posts
Posted on 6/15/15 at 4:13 pm to
Ho's try to run away.
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 6/15/15 at 4:32 pm to
At one time I owned 4 retail hardware store with service centers. Biggest issues I had was controlling inventory, outdoor power equipment don't get in a bind floor planning product you cannot sell quickly, extended warranty companies wanting me to do service work for next to nothing, finding trainable employees, and dealing with partners.

I walked away from doing business from some very large extended warranty companies and mfg's. They sent me a lot of business which looks great. After looking at the numbers I was trading dollars over the counter. If you have a good service don't give it away when you don't need to.

I really don't mind good sales people.
Those are the people that ask about my business and show me some great solutions to maximize profits.
My partners and I always made time to listen to good salespeople.

Hey I love pets. Pets need to stay at home.
I did not like one of my partners bringing his dog to the store letting him roam around the store. Did not appreciate a $20 hr plus commission mechanic walking his dog. I need that mechanic making me money. It is unprofessional plus you are opening up the company to liability if someone gets bit.
This post was edited on 6/15/15 at 4:37 pm
Posted by Grassy1
Member since Oct 2009
6250 posts
Posted on 6/15/15 at 4:42 pm to
VetteGuy posted a very nice list.

When youre in business, a lot of other opportunities will fall your way. To me, staying focused on idea that is working is key.

Very easy to get distracted with another idea... Spread too thin and often good at none of it.
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22243 posts
Posted on 6/15/15 at 4:47 pm to
A customer who owed me $1,500 sold their business and honestly believed they no longer owed me the money because they sold the business. Hard to believe how many grown people have the rationale of a 6-year-old.
Posted by Cheesy Beaver
Kenna brah
Member since Dec 2014
4424 posts
Posted on 6/15/15 at 5:56 pm to
I'm curious to hear from someone who doesnt have their own business what's holding them back. Anyone?
This post was edited on 6/15/15 at 6:01 pm
Posted by VetteGuy
Member since Feb 2008
28110 posts
Posted on 6/15/15 at 5:59 pm to
One more:

Take in laundry before you take in partners.
Posted by BestBanker
Member since Nov 2011
17474 posts
Posted on 6/15/15 at 6:35 pm to
quote:

I'm curious to hear from someone who doesnt have their own business what's holding them back. Anyone?


Now I'm just a confused business owner.
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