- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Successful business owners, did the people around you support your endeavors?
Posted on 1/20/24 at 7:19 pm to stout
Posted on 1/20/24 at 7:19 pm to stout
quote:
When my first business attempt failed my dad, who had the same job for like 20 years at that point, told me to give up and get a steady job. Later on, he was my biggest cheerleader but he never understood my desire to own a business. He grew up poor and believed in the stability of a steady job. He never took any risks but always made sure we had everything we needed.
Kind of the same for me, except no one in my or my wife’s family had ever owned a business and everyone has the steady job mentality. I’ve been lucky in the fact that my wife has a well paying job that has allowed me to take these risks.
0
Posted on 1/20/24 at 7:20 pm to Kujo
Took over a 65 year family business in 2001, moved it in 2013. My ex asked me why I didn't close it, after I had moved everything and was ready to open the new location. 
Menopause is a motherfricker baws. I'm glad she's out off my life.
Menopause is a motherfricker baws. I'm glad she's out off my life.
Posted on 1/20/24 at 7:30 pm to Kujo
My wife was going to be a successful entrepreneur regardless. She’s the most tenacious, hardworking, driven person I’ve ever been around. Her mother always told her she shouldn’t do it. As soon as she passed away, my wife opened her business. Truly an amazing woman.
Posted on 1/20/24 at 7:38 pm to Dubosed
Married. One kid. My husband makes more than I do, but not by much. He’s supportive of me going out on my own, I just have a lot of self doubt that I struggle with.
Posted on 1/20/24 at 7:50 pm to scottydoesntknow
What kind of businesses are these?
Posted on 1/20/24 at 8:00 pm to ILurkThereforeIAm
quote:
I just have a lot of self doubt that I struggle with.
I struggled with that for years as well….and still do. It’s one of those where you just have to take a leap of faith in yourself. No one can make you do it, but you. My business is coming off of an amazing year and there isn’t a day that goes by where I don’t question myself. It’s an huge undertaking, but you can’t get to the finish line if you never leave the starting block.
Posted on 1/20/24 at 8:51 pm to DCtiger1
quote:
If there’s a business you’d like to start, go for it. In a few years it could be life changing for your family
Pump the brakes, let's hear the business idea first. That and the type of guy he is will determine it it's 3-story house on 30 acres or pushing around a shopping cart life-changing.
Posted on 1/20/24 at 9:55 pm to Kujo
If your family member has a w2 job, especially if they hate it, they don’t.
If your family member runs a company that’s even moderately successful they do.
If your family member runs a company that’s even moderately successful they do.
Posted on 1/20/24 at 10:00 pm to Kujo
quote:
Oh, another burger place?)
My favorite is here in Shreveport, a burger place went out of buisness only for another burger place to open up in that space. Meanwhile a burger place across town went out of buisness.
Posted on 1/20/24 at 10:37 pm to Tiger Ryno
quote:
What kind of businesses are these?
1) Gym
2) Real Estate
Posted on 1/20/24 at 11:50 pm to Kujo
I’ve been struggling with the same thing. I have what I’m pretty confident is a good idea for a tech company, but I’m finding it difficult to commit to something I don’t have much support from my family on.
It’s quite odd because the huge majority of the time I really don’t care what people think.
It’s quite odd because the huge majority of the time I really don’t care what people think.
Posted on 1/21/24 at 8:38 am to ILurkThereforeIAm
quote:
I think about this a lot. I want to start my own business but am terrified of failing. Most entrepreneurs I know were either very supported by their parents (just in general and therefore believed in themselves and had self confidence) or one or both of their parents were business owners/entrepreneurs so that was the norm for them.
If you have an entrepreneur spirit, you are gonna have to do it or youll go crazy. I think the best businesses are the ones started without some kind of safety net. It forces you to start small and scale accordingly. The best advice is really the simplest. Run the numbers...do they make sense? You must also factor your time in. Can you hire people that can run the business when you arent physically present? If the business runs well, can it be scaled up realistically? These are all baseline questions that have to be answered before you can move forward.
Be very, very careful about taking any loans/grants etc with strings attached from
the government. Often times it is not worth the extra paperwork and requirements.
Posted on 1/21/24 at 8:44 am to Kujo
Absolutely.
We were blessed beyond measure, all the friends and family encouraged us.
We were blessed beyond measure, all the friends and family encouraged us.
This post was edited on 1/21/24 at 8:53 am
Posted on 1/21/24 at 8:55 am to Kujo
My wife, brother, and mom-absolutely. My dad-absolutely not. His business failed and it kills him to see my company thriving.
Posted on 1/21/24 at 10:03 am to Kujo
I’ve got family who would prefer me to do poorly, just to make themselves look better without having to do shite.
People are selfish in the strangest of ways sometimes.
People are selfish in the strangest of ways sometimes.
Posted on 1/21/24 at 11:21 am to scottydoesntknow
quote:.
Be very, very careful about taking any loans/grants etc with strings attached from the government. Often times it is not worth the extra paperwork and requirements.
Funny that you say that. I actually am a grant manager that is an expert in state and federal compliance.
Posted on 1/21/24 at 12:39 pm to ILurkThereforeIAm
quote:
Funny that you say that. I actually am a grant manager that is an expert in state and federal compliance.
Well then you know how laughably bad people like me are at being compliant. I wasnt organized enough at the time and it became more of a noose than a help. I got
a "loan" with forgiveness contingent on meeting specific hiring/employment requirements and spending requirements. I spent the money on things that were approved...but had to hire and w2 a position that I had no business doing. If I had no grant, I could have closed the business
and moved on after it was apparent I didnt have a successful thing going. Instead I had to get additional jobs just to pay to keep
my gym running to pay an employee and my bills...just so that I didnt have to pay back a loan/grant that untimately wasnt even that much money.
Posted on 1/21/24 at 12:41 pm to Kujo
quote:
My favorite was a bread pudding shop. That’s all they served, bread pudding, you had 4 flavors of hot bread pudding and 3 flavor of cold bread pudding.
The problem with a lot of these types of things is that they aren’t thought out well, and don’t come from a place that makes any good sense. In this instance, bread pudding originates from restaurants utilizing food waste in stale bread that would otherwise become bread crumbs or be thrown away. It’s a way to make more profit on top of other food markups and dishes that draw people in, cross utilization that minimizes the biggest cost in the food business, food waste. It’s their lack of food knowledge that is at play here.
It’s for this reason that I think people really do not put in the amount of research it takes to get a concept off the ground and make it successful.
Posted on 1/21/24 at 1:31 pm to Kujo
Yes, my dad told me I should stay in education and go into administration instead of starting my businesses. I'm glad I didn't listen to him. I did play it a little safe though. I had a side job, owned a vending route, and a wife that worked.
Posted on 1/21/24 at 2:57 pm to Kujo
My parents desperately tried to get me to keep my $40k a year teaching job instead of starting my business
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News