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/biz/ - Business & Finance


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194875 No.194875[DELETED]  [Reply] [Original]

Ask a successful business owner anything.

Stats
>Own 3 businesses
>Currently negociating the acquisition of a 4th
>B.S., Mathematics (Applied) with cert in Stats & probability. Minor in Physics


Ask me whatever you like. Other business owners please chime in too. Excited to pay those CPA's to file taxes for you?!

>tfw you pay 3K to have someone file your taxes

Pic unrelated

>> No.194881

Has your degree in math helped you? I'm also studying applied math

>> No.194890

>>194875
What's nepotism like?

On econ, you've mentioned an uncle giving you $10,000 to 'play with' on the market.

Being an only child from a separated family sure has its benefits.

>> No.194892

>>194875
3k is cheap my previous employer payed 10k

>> No.194896

>>194881
Degree provides an exceptional background in critical thinking and risk analysis.

As far as getting me a "job", no. It's just something to dick wave to the general public since "lol STEM". But I cannot tell you how helpful it is for administration and expanding purposes.

>> No.194897

what is your wifes watchlist for this coming week?

>> No.194898

How come you didn't jump on the plug train

>> No.194900

>>194875

How does it feel to be a white hetero cis shitlord? Stop oppressing WoC with your capitalism and slavery.

>> No.194903

>>194890
What's funny is that my birth family hasn't giving me anything. In fact, they forgot it was my birthday last year.

The 10K for investing was actually somewhere around 100K. But that's just something to do on the side. My father in law has taken it upon himself to mentor me to be successful. His grooming has really changed my perception on life and has allowed me to reach where I'm at today.

>>194892
That's per business.

>>194897
Wife doesn't trade. She sees green and immediately wants to sell. She's usually good at profit taken. Saved me from my greed but by no means is she an investor.

All the investments are done on my accounts. Tax purposes.

>>194898
Because I didn't understand the increase in valuation.

>> No.194910

>>194900
All this privledge is starting to feel like a chore.

>> No.194906

>>194903
Which broker do you use?

>> No.194913

>>194906
Plebian tier scottrade since I'm a Goy

>> No.194914

I just started studying computer science with the intention of creating an idea while I'm in university and starting up a business after I'm done with tertiary and making it a reality. What would you do in my position when something like that is already my goal?

>> No.194916

>>194875
How much did your rich dad give you to make up for fucking you in the ass every day when you were a child?

>> No.194921

>>194875
ITT: Liars and trolls taking advantage of the no-begging policy which really needs to go.

We should be able to fucking hound this guy with beg requests to counter his shitpost blog thread.

>> No.194925

>>194916
Father in law. So it's fairly recently started.

>>194921
>liars and trolls
How am I doing either? I want to help people.

>> No.194941

>>194914
Meet someone in the finance department. Marketing and fund raising. Network your ass off. Avoid the pitfall of trying to fund your work via jobs. Crowdfund your ass off

>> No.194943

1. What kind of tax forms do you have to file and why can't you do it yourself?

2. What are your businesses?

>> No.194948

>>194925
You want to help me? Pump money into me. I guarantee you a return of at least triple whatever you put in. The only downside is that I am completely morally ambiguous.

>> No.194951

>>194941
>Crowdfunding
Crowdfunding is owned by liberals
If you have responsible economic beliefs and you're not part of a feminist cult or Soros think-tank you'll get zero dollars.

>> No.194952

>>194925
>I want to help people
ok. Can I ask you a question? I don't want to leech off you, but since you offered...

I'm doing a dual degree in applied math + an engineering degree.

should I get out of school looking to start something for myself, or look for employment and save?

>> No.194956

>>194875
>start reading thread
>unrelated bullshit and questions about OP's personal life

The fuck you retards? How did you start, what are some tips, is the risk worth it to start a business, what's the most important advice to someone starting out with little capital.

>> No.194966

>>194948
>pump money
Would never do that. Even if you were my best friend. Lesson one, the word businessman means you put business before being a man. Involving family (outside of spouse and parents) or friends only ends in soured relationships. Let alone random people.

>>194951
Crowdfunding in the sense that pool money with multiple people. Vietnamese do this with their nail salons. Bad example but a simple one.

>>194952
Finish what you started. Network your ass off. Never will you have as many people in the same position as you to buddy up with. Don't bullshit. Actually do stuff while you're in college. It gets much harder afterwards.

>>194956
Be very careful. Don't be proud when it comes to making money. Do whatever it takes. Even if it's stocking the office you work at with vending machines or small sources of income. My general advice is to get 4-5 people to co-invest in things. Split profits evenly. Once profitable, rinse and repeat until you can do it on your own.

>> No.194968

>>194875
dad is a CPA. I enjoy my free services

>> No.194977

>>194875
What individual stocks would you invest in?

>> No.194982

>>194875
Was the ass fat?

>> No.194980

>>194968
Ah but do you utalize him fully or just for some W-2's

>> No.194987 [DELETED] 

>>194966
I'd gladly cut your throat and take every dollar you have if they're weren't laws against it. That goes for anyone on this planet. I'd cut them into little chunks.

Especially a liberal scum like you - if I killed your whole family I'd be doing the world a favor.

>> No.194989

>>194956
OP's a fucking liar; he doesn't own shit and he's shilling crowdfunding and network marketing which are proven pyramid schemes that only work for corporate-sponsored liberal organizations like feminism and fat acceptance, fucking disgusting, the only reason this piece of shit is here is because /pol/ ran his ass the fuck out, fucking piece of shit, I bet he's a fucking Jew too

>> No.194991

>>194989
I don't literally mean the website, mearly the act of pooling money together.

>> No.194993 [DELETED] 

>>194991
Shilling is shilling, get the fuck out ZOG.
ZOG bastard, fuck you. Jew piece of shit.

>> No.194995

>>194987
Reported, screencapped and sent to the FBI report site. Please don't threaten online.

>> No.195008
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195008

>>194993
>>194989
>>194987

Somebody ban this faggot.

You seriously buttmad about a guy talking about business in the business and finance board? You're a fucking idiot. Kindly leave.

>> No.195021

>>194993

Also, it angers me when you make the white nationalist movement look like a bunch of drooling, raving retards. Jews in position of power should be a serious concern, but you just make it look angsty and venomous. Wouldn't be surprised if you're part of a COINTELPRO to make /pol/ ideas look ridiculous outside of /pol/. Just leave.

>> No.195025

>>195008
He's shilling. Of course I'm fucking mad. We ran fuckers like this out of /pol/.

Now they're here trolling it up with shit methods that don't work.

This entire thread is a fucking lie.

>> No.195027

>>195021
>tfw I wanted to own a starbucks
>tfw not Jewish and they won't let me in

>> No.195031

>>195027
More lies. Why the fuck do you even make troll threads on /biz/? You lying fuck. Why even live? Kill yourself.

>> No.195050

>>194966
>network your ass off
tips? suggestions?

>> No.195055

>>195050
I would also like to know more about this crowdfunding thing - how do you convince people who aren't friends or family to trust you with their large quantities of their money?

>> No.195059

>>195055
You don't.
Most of the people who get 'crowdfunded' are already established businesses using fake names to make donations to other businesses, i.e. ratholing. It's a form of laundering but corporations realized if they called it 'crowdfunding' the SEC wouldn't investigate it

>> No.195062

>>195050
Typically I made friends with the finance kids in college. These are the people that run the world. I learned this the hard way working at NASA. Ask anyone there, they will tell you these finance majors run the place.

>tfw Astrophysics major
>tfw work in Houston at NASA
>tfw monitor space debris for the ISS
>tfw Alpha finance majors bully everyone around via threatening their funding

Poor engineers.

>> No.195063
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195063

>>195062
>"Finance kids in college"

>> No.195067

>>195055
Essentially what Mark Zuckerburg did to the twins. Used his talent to garner interest from people with disposable income.

Don't totally Jew them out. But it happens often in the business world.

>> No.195101

>>195059
Why would the SEC investigate money laundering? That's a Federal offense and is typically handled by the FBI. Which hopefully will also pay you a visit for threatening online.

>> No.195126

Also, any questions asked will be answered. If not now then sometime in the lifetime of thread.

So this is last bump from me tonight.

>> No.195156

>>195126

Do you do much of your sales online? Or is it all brick and mortar?

>> No.195223

>>194952
Don't start something until you can afford to have it fail and take your whole investment with it. A salary job is a good foundation for more lucrative endeavors.

>>195062
I've never been in it, but I'd wager a guess that NASA isn't that much like the private sector.

>> No.195227

>>195156
All of my business is done mostly over the phone. One company has contracts with Medicaid and Medicare for medical equipment. Had to win a bid for that contract.

One company does most business at customer locations (home healthcare).

The Law offices does advertising and referrals.

All businesses have their own office and the home health care is operated from a central office as well.

Newest buisness is getting into dealing with international shipments of raw materials to business connects in Hong Kong.

So I guess brick and mortar.

>> No.195231

>>195223
NASA, like everything, operates with a budget. Those that control the budget get to say what gets funded. These people are typically Finance majors with some kind of STEM minor or double major.

It was the same way when I worked at a Children's Hospital. Doctor wants new equipment? Get it approved from the finance dept

>> No.195237

>>195223
Also I disagree with your salary job. Best option is to start something in college or very quickly afterwards. You start working somewhere it makes it very difficult to start something new. Salary facilitates a feeling of content. Why try when you have guaranteed income

>> No.195246

>>195237
That's the best practice if you have funding available, but not everyone has that luxury. Trying to start something with money you don't have is just going to fuck you over if it fails - and most new businesses do fail, most folks will have to try a handful of them before getting one that really takes off.

>> No.195259
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195259

>>194989

Poorly executed

1/10

>> No.195265

Where did you get your business knowledge?

>> No.195277

>>194875
Why do you believe you are successful?

>> No.195581

>>194903
>What's funny is that my birth family hasn't giving me anything.
It's almost as funny as you are a faggot.

>> No.196432

>>195246
Ah that's why you meet fellow poorfriends in college and pool money into a project together. I just worry that after you've started that 40 hour that most people are too tired to do something on the side. They shouldnt but it happens.

>>195277
Because I am expanding both my businesses and political affluence. Not having to work for someone and seeing 100% of the fruits of your labor returned to you is such a satisfying feeling.

>>195265
My father in law and personal experience in college. The NASA experience really blew my mind.

>> No.196769

This is the biggest fucking troll thread ever. TOP FUCKING KEK.

>> No.196786

How did you acquire the money to start your business?

That seems to be the trickiest part.

>> No.196845

How can I network as a borderline who hates superficiality and socializing?

>> No.196866

How much in net revenue you get yearly from your businesses? (thats considering the business' expenditures and reinvestments on the project)

>> No.196895

>>196845
Pretend. I hate talking to most people due to lack of education and class. But maintain an aura of confidence and charm. That usually helps me out.

It's fun to think of it as a game. I keep a mental checklist of stuff to profile people.

>>196786
I made some via networking and starting a business with a few college friend. I got lucky and married into wealth and my father in law has been grooming me and building me up.

Earlier times I was actually investing surplus student loans and excess money from my job to save up. Got in good with the finance kids in college. A few of them were wealthy.

>>196866
I wont get into specifics but typically I cost average out initial investment vs yearly possible. Right now looking to invest 1.5 million into a company buyout. Expected monthly return is near 30K gross. It's never good to discuss anything specific with anyone for fear of competition.

I'm aiming to be a millionaire (liquid) by 2016

>> No.196907

>>194875
Is it worth it? When I see my boss working 60+ horus a week, I really appreciate my cozy desk job.

>> No.196949

>>196907
It's different when its your own business. All that work directly correlates with money made. When your an employee, your work is leeched off of by your boss. He benefits directly from his work while as an employee you benefit indirectly

>> No.197021

>>194903
A hundred thousand dollars. Given to you.
Jesus.

>> No.197037

>>197021
Yes but not without demonstration of ability. That would be foolish. Percentage gains are the same regardless of investment. But honestly that money made went straight to paying for my wedding.

Develop the skills so when someone comes across you with funding, you can get it. I remember this time I was upgrade to first class on a virgin flight. The guy I sat next to turned out to be a big rep from a security camera corporation with contracts with the DoD. Had I not have had extensive background in computers (interest not formal) then our conversation would have went nowhere (btw first class is a great place to network). He offered me a position in Florida to help with their hospitals. I was busy with other stuff so I had to decline. But he gave me his card.

>> No.197088

>>197037
Trip is going to change since I'm out and about. If any anons are near NorthPark mall in Dallas then let me know.

Going to be suit shopping in Niemans.

>> No.197129

>>197088
Inb4 some anon wearing a fedora and a trench coat approaches me.

>> No.197133

>>196895
How old are you? What are tour long term goals?

Are you interested in bussines in the web and mobile space?

>> No.197138

>>197133
*business

>> No.197152

>>197133
I'm 24 and not really interested in anything online. I've actually "regressed" when it comes to my new venture. I'm trying to get into the commodities market. International shipping of metal to Hong Kong. I was something secure to finance the more "high brow" buisness venture.

Long term goal is to start a new company every 2-3 years. Basically when it becomes profitable, hire a manager and move on.

>> No.197155

>>197152
It's a platform that will help finance more high brow ventures. Sorry typed that incorrectly.

>> No.197178

How comes you're more hated than the jews?

>> No.197189

>>197152
Why not just focus on a few of your ventures and keep growing them/increasing their value?

>> No.197191

>>197178
I've asked and they never really answer. They just say I'm an asshole or I brag too much.

>> No.197193

>>197189
The business I'm currently negociating to buy is going to cost 800K in acquiring the business and property. Another 700K upgrading equipment.

I'll spend a few years upgrading and expanding. Then I'll hire a manager to take over leaving me to only watch his actions. He will continue what I started or get fired.

>> No.197194

>>194875

Hey OP, how did you get the capital to start the first business and pay yourself enough to survive until it took off?

>> No.197201

>>197191
You definitely brag too much and you should know that envy is the driving force in this world.
I don't think you're an asshole, you just don't see how you enrage simple minds.

>> No.197207

>>194875
my accountant charges 1/3rd of what he saves me

>> No.197209

Ask a 18-year-old multi-billionaire whiz kid with a 15-inch dick anything.

>tfw when i'm self-made

>> No.197226

>>197194
Pooled together money of a few people. I still worked full time and went to school. Sold my position and started working with New family

>> No.197246

>>197201
Agreed. I do brag too much.

Although I would say greed pushes the world. Not envy. Envy causes stagnation since you internalize the feelings and develope a victim complex.

>> No.197261

>>197246
Greed is the envy if someone has more than you.

>> No.197273

>>197261
No, greed is the driving force to want more. It's part of the human condition.

Envy is impotent greed at best since being envious isn't associated with actually acquiring more.

>> No.197283

What a stupid thread.

You're boring, OP.

>> No.197287

>>197283
I've answered all questions. You guys act like there's some kind of secret knock at the banks where's they let you pillage.

I'm also hoping other business owners on here.

>> No.197302

>>197287
You're not a business owner in my book. You're a rich child with hobbies.

Good luck in life, asshole. Not like you'll need it because everything was given to you, but still... good luck, fuck off from /biz/, and please blog elsewhere.

>> No.197313

>>197302
Who are you to think that your opinion matters? We aren't here to discuss opinions. Only successful strategies and network.

Go cry about the world being unfair somewhere else. I suggest /r9k/

I would love to know if any anons here have ant connections to Rubber Pyrolysis

>> No.197318

>>197287
ever considered insurance? once you pass regulatory hurdles it's a cash cow

>> No.197330
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197330

what was your stating salary?

>> No.197323

>>197318
I entertained the idea of offering cheap insurance for nearly no coverage to the public to get around the affordable health care act but I was beaten to the punch. Already a saturated market.

Would love to get a cert that allows me to sell Obamaphones but sadly I have no senators in my pocket.

>> No.197333

>>197330
I don't have a salary. What I make is what I make.

When I worked it was per hour in college at the rate of 23 per hour. Negociated a contract that allowed me to waive the right to health insurance for a higher hourly rate.

>tfw negociating the Asians

They're cheap bastards but amazing businessmen

>> No.197337

>>197333
>They're cheap bastards but amazing businessmen

what distinguish them from other businessmen?

>> No.197370

>>197337
They work hard, they're able to pool money between multiple families, they're great savers. Their social structure facilitates success.

>> No.197381

>>197370
To further elaborate on what I mean by social structure being condusive to business is that in America we don't do everything in our power for the next generation.

IE my parents refused to co-sign any loans for college or my vehicle. The structure is very much about providing for yourself only. This is why wealth never accumulates over the generations. It's very much a middle class state of mind.

Which is funny because the business I'm in negociations with. The dad is selling it instead of giving it to his two kids. In fact, we will be hiring his kids as employees after the dad gets his money and retires.

>> No.197392
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197392

>>197381
fucking boomers I swear

>> No.197404

>>197392
It's not just boomers. Ask anyone in the middle class tax bracket. My parents aren't alone in this thinking, nor is it a generational linked ideal.

It's the thought that "I started from scratch, you should too".

>> No.197420

>>197404
>"I started from scratch, you should too".

its a good mentality but unlike their previous generations, the boomers drained this country dry while giving next to nothing in return and still expect their grand-children to make it like they did

>> No.197421

>>197404
Not the guy you replied to, but you make a good point. I have no kids yet and I was planning on leaving them nothing, but I'll keep this in mind.

>> No.197437

>>197420
>>197421
Its all about giving them the best start. Even if it's just paying for college (assuming non lib degree) and introducing them to your business connections.

>> No.197450

>>197420
The opportunities are still there. There's just more competition nowadays.

>> No.197457

>>197404
>>197437
Sad to say, I have a similar philosophy. It's no surprise I'm an American, too.

I've no qualms paying for educational expenses and giving them a small financial nest egg, but I can't rightfully just give them everything/anything that I earned and worked hard for. They need to experience a semblance of struggle and develop the ruthlessness that I did.

>> No.197511

>>197457
Which is why I'm going to adopt my father in law's ideal of apprenticeship and coaching. Involve the children in stately and business affairs. Honestly it's a class thing too so they pick up on ettitcute and mannerisms.

Providing the resources for education isnt good enough since there's no guidance or direction. You might end up with some lazy POS for kids that take these amazing opportunities and become art majors or lazy Shits.

>> No.197518

>>197511
I consider coaching/apprenticeship apart of raising them, which is why I didn't include it in my original post. I'm definitely not going to have kids and just say, ''lol hurr's education paid 4'' and that's it. I'm going to train/coach them as much as I possibly can so that they can [hopefully] do much better than me.

>> No.197515

>>194980
Yes I utilize him to the extent that I can. It's funny when he tells me how much he charges clients for shit that takes him 5 minutes.

>> No.197530

>>197518
That's the idea, yes. Sorry about going into specifics but I like to delve into details. I also think having a nanny helps too. So consider that as well.

>>197515
Lol I wish it took my guy 5 min. Last year it took him a good solid week but that's because I'm meticulous.

>> No.197548

>>194903
> tfw about to get 100k inheritance
> this is my time

>> No.197554

>>194875
I made some software I want to sell and am confident that will sell well. The only problem is I need some extra money for testing devices and licensing fees. Would getting a loan from a bank be my best option or should I get the funding elsewhere?

>> No.197582

>>197548
Your time meaning what?

>>197554
Depends. Also why sell your software? Talk to some patent attorneys and copywrite your software. Then sell licenses. You'll make more money that way.

Also for R&D, if you can't secure investors then apply for a small loan from a credit union.

>> No.197610

>>197582
Meant nothing by it
York University slogan that has just been stuck in my head

do you think this board has potential to raise stock prices

>> No.197620

>>197610
Maybe penny stocks manipulation. Much like the crypto shilling.

>> No.197662
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197662

>>197129

Hand over the crypto-shekels, ass-Wipe!

>> No.197713

>>197662
Lol at the filename. I made that comment because as I offered to meet up, a fedora wearing fat dude in a trench coat passed me

>> No.197726

Here's a question for you: Where the hell do I start?

Im poor, like dirt poor. I moved from one side of my country to the other, work two jobs, and a dream to change the world with my idea. I've been blessed with $2000 from a tripfriend on /pol/ going to the prototype, which is a massive hand.

How can I find someone willing to put themselves in a mentorship role?

Are there tricks to better manage my time?
I mean right now in the week I spend 2 hours on the bus, 8 hours working, and the rest is divied up between getting everything ready for a launch date and sleep. Same thing on the weekend but my second job is across the street from where I live, a huge bonus.

How do I keep my hopes up?

How can I better set myself up to network? Are there communities for this type of thing besides biz and linkedin?

How do I get people to gamble their money with my idea when there is no cashflow?

In the event everything tanks and it was a huge failure, how can I protect myself?

Nobody in my family has done anything like this, I have no friends of the family to talk to about this, frankly while I am soldiering on I still think its all rather overwhelming.

>> No.197760

>>195027

Starbucks doesn't sell franchises. If you're "in business" you should know this.

>> No.197796

>>197760
No you license the franchise. Same with Burger King or any other franchise.

>>197726
Sounds to me like you've got quite a handle on things already. But I'll try to break down what you said and answer the best I can.

>Where the hell do I start?
Seems like you've already gotten that part down

>How can I find someone willing to put themselves in a mentorship role?
Do you know anyone successful? Any contacts from networking?

>Are there tricks to better manage my time?
I prefer to find better ways to manage money. Typically this can go hand in hand with managing time better as you spend less doing frivolous things. Also finding a better paying job that pays near what your two currently do helps.

>How can I better set myself up to network? Are there communities for this type of thing besides biz and linkedin?

Pound the pavement but I'm told premium linkedin accounts help. Do you have any college background? Education??

>How do I get people to gamble their money with my idea when there is no cashflow?

Make a presentation. Pavement pounding. What city do you live in??

>In the event everything tanks and it was a huge failure, how can I protect myself?
You have two jobs so that's a decent backup plan.

If you need me to elaborate, please ask, but also pace your questioning please. haha.

>> No.197883

>>197796
>Do you know anyone successful? Any contacts from networking?
I have one guy who runs a cake shop with his wife, he works part time at one of my jobs, he's simply too busy with everything right now to really sit down, both of us are swamped in the evening or things dont line up.
>Also finding a better paying job that pays near what your two currently do helps.
For my agegroup I've reached the ceiling. I moved thousands of kilometres just so I could double my wage and I'm just at the point where its nolonger servicing the debt to get here, but to help finance what I wish to accomplish.
>Do you have any college background? Education??
Couldn't afford it, I'm an autodidact.
>What city do you live in??
Edmonton, which is another issue. Many of the associations in this city are trade, industrial, or oil based and don't apply to me at all. That said the city is interested in my product and wants to see a working prototype.

>> No.197915

>>197883
What age group is that? Going on mobile now (dinner party) so I'll be in and out depending on how interesting this family is. So my answers will be short but if you want to ask anything, please do. I'll think about it since this family has no real connections haha.

>> No.197965

>>197883
Also, without going into much detail, have you tried do make any contacts related to your software or product?

Do you own any suits? I can help you there too.

>> No.197974

>>194875
I'm a future cpa, I file my own taxes

>> No.197981

>>197915
U30. I've proven myself multiple times that I have the skills to manage and supervise but unfortunately the role gets passed up to people older who end up quitting because they can't handle the workload, and I have to end up in many cases training them anyway. Regardless of how things go with my project I'll be doing a correspondence degree for business admin. in the fall.

>> No.198035

>>19796
>Do you own any suits? I can help you there too.
Two jackets which might be a little loose fitting on me now that need drycleaning, and one dress shirt.
>have you tried do make any contacts related to your software or product?
I'm in the process of building a massive contact database with a deadline of June.

Feel free to drop an email some time, I cant think of any questions to bother you with now but I'm also at my second job making sure nobody steals any gas. Enjoy your dinner.

>> No.198058

>>194875

Is a finance degree worth it, or can I learn everything I need to know on investopedia and through trial and error?

>> No.198427

>>198058
I didn't major in finance but I know the degree is worthless unless you take advantage of your majors internships/apprenticeships. Just getting the degree wont do you any good if you don't utalize college correctly.

>> No.198458

>>198427

Thanks man. I've graduated from college with a degree non business degree. I'm currently running my own real estate brokerage, but I thought the analysis learned in a finance degree may help me make more better RE deals, or help me diversify into other areas.

Thanks for sharing Wipe.

>> No.198476

>>198458
Ah what software do you use? I would love to get into real estate. That's another one of those no limit potential sources of income.

>> No.198522

>>198476

I'm not working with real estate as an instrument or through a REIT. I'm literally brokering transactions between buyers and sellers for commercial and multifamily.

BUT to answer your question, I use Chrome (to access the MLS, loopnet, and various government websites) as well as a lot of excel spreadsheets. :-)

I don't know if anyone gives you props on here Wipe, but I know you also made that trading game thread too, and it's pretty awesome that you offer to help people out with advice for free man.

Looks like your taking a strong position in karma.

>> No.198556

>>198522
>>198522
Ah I was wondering if you used the Point LOS. I have experience with that system since I used to help consult with the company. I have some experience with processors and originators. Interesting crowd to say the least. Insane amounts of money in that industry.

I actually didn't start the game. I mearly lurk the threads and answer some questions when I have free time. As for getting those Karma points, I do stuff like this because I'm a firm believer of bringing as many people up with you as possible. Too many people try to keep you down with them while the income bracket above will try to kick you down.

How do you enjoy what you do?

>> No.198566

>>198427
So what happens if you switched into finance from another degree midway through, but spent all your time picking up additional courses to finish off instead of going off to take advantage of internship opportunities?

Did I just end up wasting that time in the end?

>> No.198594

>>198566
If you don't take advantage of internships and networking in college then get ready for it to get exponentially harder after you graduate. There's never been a truer statement in buisness than "it's about who you know, not what you know".

Unless you're an exceptionally gifted student, then expect a rude awakening when you apply for jobs with no experience.

>> No.198606

>>198556
>>198556

It can be hard work, but I enjoy it. It's great to help people find the BEST option for them, especially when it is something they didn't even know WAS an option when they walked through your door.

Generally, you meet lot's of people who are excited about spending money on property and that's a good atmosphere.

The downside, and this may just be for me, is the need for volume and constant marketing. The pressure to do more and more deals, and the fighting for market share stresses me out. I can't wait till we're big enough to just hire a 3rd party to handle marketing, but even then, someone's going to have to watch them (i.e. me).

On a separate matter, do you trade commodities very much Wipe? I'm interested in that area and I've been reading up a little bit about it. Care to pontificate about anything commodities related?

>> No.198626

>>198594
I have some experience working in an office environment, but not necessarily finance. As I said, I was in a completely unrelated field before (political science), and switched into finance because I thought it would be more useful. I never really sat in a particular cohort so I was always at a disadvantage when it came to prerequisite knowledge. Basically finished a 4-year degree in two years.

>> No.198633

Yo Wipe, trader general poster here, I'm seriously considering Finance, any advice?

>> No.198659

>>194875
How hard is it to sell clothing? Like swing clothes and starting a clothing line. Do those businesses fail quickly?

>> No.198667

>Ask a successful business owner anything.

How do you minimize threads again? No wait, I've got it.

>> No.198671

>>194875
How hard is it to start a clothing business?
I.e sewing your own clothes, starting a clothing line, and setting up an online store?
Do these businesses usually fail?

>> No.198676

you didn't answer my question last time, are you a practicing muslim?

>> No.198702

>>198676
Yes I'm a practicing Muslim.

>> No.198716

>>198702
So you probably know about "Al riba" and other stuff of that kind? how do you feel about them? do you take any of the stuff said about financial and income ways in islam into consideration while conducting your business?

>> No.198739

>>198716
Of course. Which is why I offer advice and try to help others. I only acquire money through non-Haram means. Some money is always given back through charity.

>>198667
Forgot to Sage

>>198659
>>198671
Clothing is difficult if you have no connections in India or any means to mass produce. I've only known one person who designed and sold their own clothing. Lots of hassle on the international level.

>>198606
Looking to get into international shipping/selling of metal. Currently researching Comex and price history/news. But I think there's an obvious upside in metals right now.

>>198633
Get a B.S, In Mathematics. Minor is actuary sciences. That's my recommendation for finance majors

>> No.198745

I'm broke and finishing university. All of my money goes to tuition. Is there anything I could do for extra income? I bought a half-o of weed I could resell for about $50-60 profit, but I don't want to make money selling drugs.

>> No.198744

>>198739
Yea metal has a lot of room to grow, I think the prices are actually low right now.

Copper and aluminum is where the growth will be for standard metals. While rare earth metals have unlimited growth if you can get large enough supply from china

>> No.198748

>>198744
I agree. Which is why I'm moving into the industry. :^)

I actually plan to sell to China, not buy.

>> No.198750

>>198739
I'm muslim myself looking to get into stocks, I have a relative who kept arguing that its harram as its similar to gambling, and how a benefit made with no work counterpart is harram.

what do you think about the stocks in regard to religion in general.

Also what do you think of the Islam banking system, Its sounds like a good system but I feel its a little bit too naive.

>> No.198751

>>198745
>weed
Lol....

Whats your major? Lib Arts?

>> No.198753

>>194966
You seem like a smart dude but you missed the joke. >>194948

>> No.198757

>>198750
I've had this argument myself. We came to an agreement that investing is not gambling anymore than giving a friend money to start a business is. I would say running boiler room scams to pump stocks is in the haram territory.

Never heard of Islam banking system.

>>198753
What joke?? ( ;_;)

>> No.198758

>>198751
No? There's no such thing as a liberal arts degree at my school. I'm studying Psych. and Philosophy, which isn't a STEM-field but probably suits your idea of what's meant by 'liberal arts', assuming that it means anything that's not STEM. I'm going to do a second degree in math when I'm done. My goals medicine, so keep in mind that my career trajectory's a bit different than yours; I just want to know whether it's a good idea to supplement my income from part-time jobs.

>> No.198764

>>198758
I would supplement my income, if I were you, via jobs related to your field. Very difficult breaking into Medicine withy our Psych background because they aren't taken seriously. Going for a Psychiatrist position?

>> No.198770

>>198757
>never heard of islam banking system

well basically its a riba/interest free banking system, you can take loans from banks and pay them back the exact amount of money you borrowed free of charges.

https://www.youtube.com/watch?v=DZeE3FPWza0

>> No.198773

>>198770
Don't they charge brokerage fees as a loop hole instead?

>> No.198775

>>198764
Thankfully, medical schools in my country don't discriminate based on program. There aren't any jobs in psychology that will offer me a similar pay to what I'm currently making at my part-time job.
And no, screw psychiatry. I'd like to do something like neurology.
I might also apply to law school, since I think it suits my skill-set better than medicine does.
Being a money-minded person, which career sounds more appealing to you: Law or medicine?
My father seems to think that doctors have guaranteed jobs and guaranteed high salaries, which isn't true of any other job. But I've heard that the job prospects for a lawyer or finance analyst are very good.

>> No.198776

>>198770
It's a nice idea, but only feasible if you're also making money on the side. Also would be difficult considering rampant inflation is most Muslim countries due to corruption..

>> No.198778

>>198775
What country are you in? My wife is an Attorney here and she chose that option because of the ability to segway into politics. Medicine isn't the way to go in America anymore. Over regulated and doesn't afford the same lifestyle anymore.

>> No.198782 [DELETED] 

eat shit you fucking kike nigger.

>> No.198785

>>198778
I'm in Canada, where the salary is even lower than the U.S.
Are you saying that a career in medicine isn't worth it, considering the limits imposed upon them and the hit to the salary? The job hours are also very long.
However, I'm most likely a bit different than you and your wife in my naivity; I'd like to have a job where I could do something meaningful (or at least, more meaningful than the accumulation of wealth). However, if medicine is over-regulated, I think my idealistic goals might be threatened. What are your wife's ultimate goals in entering politics? Is it simply for a salary, or is it because it's something she'd like to do and there's an actual possibility for her to enter it?

>> No.198796

>>198748
well maybe for copper and aluminum but they own over 99% of the rare earth metals.

Smart move but I think developing countries might have a bigger interest in those metals over the next few years as they expand their cities and build new ones. China has to many ghost towns

>> No.198912

>>197582
>Also for R&D, if you can't secure investors then apply for a small loan from a credit union.
Thanks. I want to avoid investors as much as I can because if I can keep the company 100% in my name then I can pay myself through qaulified dividends and save about 19% on my taxes that way.

>> No.198965

>>198912
dividends are double taxed man, just put it in a s corp so you can draw money out of it when ever you want and only get taxed once

>> No.198979

>>198965
I am electing as an S Corp but I can still pay myself through qualified dividends as one.

>> No.199000
File: 6 KB, 225x225, download.jpg [View same] [iqdb] [saucenao] [google]
199000

>>194875
What was your first buisness? And is making it in the business world difficult?

>> No.199029

>>198626
My friend was an econ major in college after switching through a few. He got a job at a financial management firm out of college, but was let go during the crisis. A few jobs later, he's back in finance. You gotta hustle, dress sharp, that sort of thing.

>> No.199048

>>198979
dividends are taxed 2x you do not want them. They get taxed at a corporate level, then taxed again as dividend income. You lose so much money to taxes.
As a s corp you can just take money from the company when you want and its only taxed 1x at the corporate level

>> No.199066

>>194875
I just realized the rabbit and monkey switch places. I forget their names... Buster and Muffy or something?

>> No.199075

>>198785
My friends dad is a doctor and his salary has been decreasing every year for a number reasons (I dunno didn't ask or remember). But he's been investing his money and they're pretty rich. But yeah if you start today you wont be guaranteed a great lifestyle. You'll live good, but not super great like before.

>> No.199096

>>199048
>dividends are taxed 2x
Not in a S Corp. S Corps only pay income tax on dividends but since they don't have to pay payroll tax on it the IRS will go after S Corps that aren't paying normal salaries for them to tax as well.
http://taxes.about.com/od/scorporations/qt/scorp_payroll.htm

>> No.199716

>>199000
Nice get. First business was setting up a company that did IT contract work. It's only difficult if you're lazy and unmotivated.

>>198796
All metals mostly.

>>198912
You can keep your company in your name, just make sure you have an attorney draft a contract for any kind of investment.

>>198785
> I'd like to have a job where I could do something meaningful
You can only do this by being wealthy. You're only one man, limited by the capacity of your own hands. With wealth you can cause much more change than being an M.D.

Entering politics = more power = more access to wealth. And yes, we have very powerful connection. Last nights dinner part was with two state judges. Justice Scalia is actually a friend of the family.

>> No.199749

>>194875
>step father has money
>wife has money
>look guys look i'm a successful business owner
Fuck off faggot

>> No.199765

>>199749
Look at you being cool on the Internet. How are your business prospects working out? How are you contributing back?

>> No.199907

Bump

>> No.200015

>>194875
I'm really fascinated about this thread and all the info you've provided, truely, thank you.
Beginnig to wonder if I took the right path choosing a law degree.. I've only been through 1 of the 5 years though, so now would be an optimal time to change courses, if it should come to that.

>> No.200028

>>200015
No, law is an amazing degree. Wife is an attorney. What state are you in? We can support you if you live in Texas

>> No.200060

>>200028
That would be amazing, if only I live near Texas. I live in Brazil (unfortunatelly), looking to moving out ASAP, though I'm not quite sure where to.
I've lived in Denmark, so I also speak danish, and french (other than english and portuguese). This helps widening the range of countries I can choose to live in, I suppose.
If I want to make a similar living to yours (in stead of actually practicing law), the law degree shouldn't help me much, don't you agree?

>> No.200069

>>200060
Find someone that complements you then. Wife with a business degree or along those lines would make you two an amazing pair

>> No.200077

>>198702
So do you borrow or lend money at interest? Because that's prohibited in Islam.

>> No.200091

>>200077
>Prohibited is Islam
I never lend anyone money and I borrow money to acquire more businesses. IsA I will eventually have the capital to no longer require this. I follow the 5 pillars of Islam, as decreed by the Prophet (PBUH).

Should I not shave and should I force my wife to wear a Hijab?? Maybe a Burka? I don't answer to you, I answer to The One.

>> No.200391

Didn't Goldman Sachs and co buy up metals and ship them between warehouses to inflate prices? If anything aluminum prices are artificially high.

>> No.200611

>>200391
Doesn't matter. China's demands are insane. Plus this last year metals got #rekd.

>> No.200692

Sup Wipe.

What kind of law does your wife practice? Is she happy with her firm?

>> No.200719

What bothers me about this whole thread is basically OP is coaching everyone as if they all have the same resources and connections as he does.

Sounds like wankery but what you are saying is true good for you OP and hopefully its sustainable.

>> No.200874

>>200091
oh, i loan dosh all the time. Usually its just title loans... I just repo'd a yamaha r6 that only cost me $400

>own 2 businesses
>no college
>wife makes 150k yearly

>> No.200900

>>200719
No, I'm telling people to make the connection in college while they have the opportunity. If you noticed I'm advising based on people just starting. Hard work is required.

>>200692
Business litigation and immigration. We have several contract lawyers that do the dirty work for us. We just get a cut.

>>200874
Yeah but don't you worry about retaliation?

>> No.201001

>>200900
No, usually the people stop making payment (just have them go into chase and put $ into my account) then they don't answer or return calls. Then I send the repo company out. I've had people move but repo companies are really good at finding you. I think i spend $550 for them to actually find this kid and repo his(my) car.

also im involved to the "wrong" type of people and i carry firearms.

when it comes to dealing with degenerates you always go to have some sort of backup/intimidation. My father owns a few smokeshops and hes had fellow friends that also own smoke shops killed over the pettiest things during a robbery.

>> No.201076

Do you personally support the implementation of a basic income guarantee?

>> No.201108

>>201076
Nope. Where's the motivation? Just like I rarely give money to beggars/poor. I will gladly provide good and subsidized living but by no means should you get money for nothing. Unless a private party is willing to donate.

>>201001
Yeah, I couldn't cut it in that business.

>> No.201172

>>201108

>get money for nothing

But that's completely wrong. That money is to be given to be spent. Those people are helping to contribute demand to the economy.

>> No.201335

>>201172
You can disagree with me all you like, but I would rather all of my taxes go towards food/water/electricity etc. Now whatever money those people make can go towards improving their lives.

I go to a refugee facility every two weeks or so to bring food and sweets for the adults and their children. Some money is given yes, but if you have no control over that money then how do you prevent them from spending it on things that are detrimental to themselves?

>> No.201360

>>201335

>my taxes

Again, wrong. The populous won't pay for UBI, because the corporations will.

>> No.201704

>>201360
That's stupid to force anyone or any entity to take care of others.

>> No.201763

>>201704

They are taking care of their own interests, holy fuck are you stupid. Companies need a very valuable thing to operate: consumers! Without those, how the fuck do they operate? Who do they operate for? Why are they making whatever it is they are making? WAIT! They aren't making shit, cause no one came in to buy anything, cause no one had the money!

>> No.202241

>>201763
where Wipe is coming from though, is dont give them money give them stuff they can use like a home and food. If they want to obtain money for something more than the basic needs then they should get a job

>> No.202253

>>194903
>The 10K for investing was actually somewhere around 100K. But that's just something to do on the side.
You know, I heard about this great study.
What they did, was they got five people sat around a table playing monopoly.
The game was fair, except that one player got to roll twice, and started off with $2500 already.
The study found that after the game was over, the players that started out unfairly genuinely believed that they were just better monopoly players.
Food for thought.

>> No.202326

About to be a business "owner", actually forming an LLC with one other guy and our attorney but I will be the majority shareholder since I did all the planning and legwork, minus the technical side that my partner handles.

Operating agreements will be done this week, we start pitching once me and my partner have financial projections ready.

>> No.202401

>>202241

>they should just get a job

The entire point of UBI is that an economy entirely dependent on jobs at this point and time are actually inefficient compared to UBI supplemented with some jobs. Go look at how much of our abled population actually works.

>pop. - unable pop. - active participants

>> No.202439

>>201335
how do you prevent people who earn wages from spending their money on things that are detrimental to themselves?

>> No.202477

>>202439
there's a big difference between money you get for working, and money you get by existing, the second encourages bad habits and negative lifestyle choices

>> No.202488

>>200900
i am in dallas, texas will be graduating this summer to get my associates degree in Paralegal studies is there any way i can connect to a firm your wife works at

>> No.202530

>>197037
>Develop the skills so when someone comes across you with funding, you can get it.
That's very good advice. Could you expand more upon this? Say I'm your protege; what skills/talents/areas of improvement should I focus on? Fields?

>> No.202534

>>197883
Christ almighty, I'm in Edmonton too.

>> No.202592
File: 523 KB, 1024x783, 1381457169779.jpg [View same] [iqdb] [saucenao] [google]
202592

>>194875
Wipe, why didn't you marry a white girl?
What, your own race isn't good enough for you?

>> No.203191

>>202592
Didn't marry for race mate. My wife's a 10/10. I think I have something against Americanized women. They have this complex about creating problems if their life currently has none. I've dated white women, and this was a problem I experienced with them all. And Asian women are horses/cat-whiskers insane.

>>202530
That depends. I've always loved gaming so of course when you PC game that starts an interest in computers. I used to use computers to get in the door before I would start showing off my ability to problem solve. I cannot stress how important problem solving is. Which is why I'm thankful for my Math degree.

So whatever your niche is, get really good at talking about it. You can't be shy. That guy I ran across in the Virgin America flight was only from Dallas - LA. So in that 3 hours we hashed out what we did, our majors, our career paths, thoughts on life, ultimately leading to a job offer and his card. I didn't know who he was, but he turned out to be a regional representative for the company.

>>202439
>how do you prevent people who earn wages from spending their money on things that are detrimental to themselves?

Who am I to tell you how to spend your money?

>>202253
Interesting post, except I don't think I'm a better player. To further elaborate, if I was the player with the unfair conditions I would be teaching the other players how to roll twice.

>>202488
Do you have any experience?

>> No.203247

>>203191
yes i have experience working with bankruptcy case at the moment for a professor who is a lawyer he let me take on a case , i am bilingual .

>> No.203250

>>203247
What's your second language? What school do you attend?

>> No.203253

>>203247
We are interested in expanding to the immigration field.

>> No.203257

>>203253
OLAWD

>> No.203264

>>203257
Only problem is, a lot of the work is done free unless you can sign a contract with a major corporation. (most immigrants are poor).

>> No.203354

>>203250
2nd language is Spanish, i attend El Centro which the paralegal program is BAR approved

>> No.203370

>>203354
I know where El Centro is. I'll ask my wife if she could use another paralegal that can speak Spanish.

>> No.203396

>>203370
that would be great thanks Wipe

>> No.203427

>>203396
What part of town do you live in?

>> No.203429

>>20 Irving

>> No.203433

>>203429
Really? What part? You live near me then haha

>> No.203434

>>203427
stay in irving

>> No.203435

>>203433
south Irving , and really wow, what side of Irving are you in ?

>> No.203459

>>203435
I live in North Dallas. Near the Galleria. You're not too far away I don't think.

>> No.203468

>>203459
oh yea definitely not too far

>> No.203493

>>198778
Looking to do an MD-PhD with the PhD in pharmacogenomics to get into personalized medicine. Think that's a strong growth area?

>> No.203524

>>203459
mentor me , you have any way i can reach you besides here

>> No.203525

>>203493
Whats funny is that my entire family are MDs and none of them practice anymore because there's no money in it. They moved to political roles/administration (we own a few hospitals).

There's very little room to grow in medicine unless you're already a big guy. Most people nowadays do it because they are kind hearted. Not because they're looking to get rich.

>>203468
We should get coffee one day at the Galleria.

>> No.203542

>>203524
Im not really in a position to mentor. Still receiving the lessons daily! But what I know I'm passing down. haha.

Why did you opt for Paralegal?

>> No.203549

>>202477

>be ibanker
>work with a bunch of drug addicts
>have hundreds of thousands to my name, if not millions
>i hit the strip clubs every night, get drunk as fuck every weekend, doing lines of coke while I'm at work
>but giving money to people will mean they will only make bad choices
>while those who work for their money only make good choices

How can y'all honestly be this fucking dense?

>> No.203569

>>203549
Once again, who are we to tell YOU what to do with YOUR money?

It's like /v/ is paying a visit

>> No.203580

>>203569

I'm not asking for suggestions on how to make people spend money, you fucking illiterate dumbass. Holy fuck, please read the post again, then write out a report on where and why I talked about controlling the spending habits of others.

What I'm trying to say, which I'll need to you write up a TPS report of, is that it doesn't matter how much money you earn/receive from the govt, people from all classes will make whatever decisions they want. Just because someone has money doesn't mean they won't make a bad lifestyle choice.

>> No.203596

>>203580
>Just because someone has money doesn't mean they won't make a bad lifestyle choice.

The original argument was about taking away money from the big mean corporations and distributing it to the masses. I don't agree with giving money to anybody without it being earned (and no existing doesn't mean you've earned anything) but I am okay with subsidized living.

I don't care whether or not the money is used for good. I don't leave things to chance when it can be avoided.

>> No.203601

>>194875

Do you even lift?

>> No.203605

>>203542
i took paralegal because back in highschool my school had workshop programs and i ended up in the legal ones, so i took interest into it, the main dean of the paralegal program in my college was also my high school teacher and i kinda just stayed under his wing

>> No.203614

>>203601
I start back up next week mate. Wanna get back to repping 2 plates.

>>203605
Not interested in moving into Law?

>> No.203622

>>203596

>taking money away from the big mean corporations

Again, you are fucking illiterate. I have stated many times it is the corporations who will be WILLINGLY pooling their money to contribute to UBI, because without consumers, THEY WILL NOT HAVE ANY SOURCE OF REVENUE, AND WILL BE FORCED TO SHUT DOWN.

Literally, think about it. One of the most important resources for a corporation is the consumer base. If you feed your consumers, they won't starve to death. They will still be there, waiting for the sheep herder to open the gate.

They are earning the money by contributing demand for these companies. Without money, they can't generate any demand, because they have no money to buy things with.

Do you honestly believe that there will be enough jobs for everyone in even the next five years? We don't even have enough RIGHT NOW. That's why only about half of the working abled population is actually working, excluding what percentage of that segment is full time or part time.

>> No.203630

>>203614
i would be if i had the funds, i am scared of getting in debt , so my plan was to start a business in real estate or supplement store on the side while i worked as a paralegal doing either immigration . but i would love to give it a try and go but i help my parents pay bills and of course stuck paying my car loan have 5k left to pay off ... Any guys reading dont make the mistake i did and purchase a used car cash you will save some money in the long run

>> No.203680

>>203630
Yes but I went into debt with my degree, but as long as you make it worthwhile then I recommend it. Taking risks is the only way to make it out of that middle class trap.

>> No.203814

When did /biz/ become some idiot's blog?

What a tiresome, useless thread. Any lurkers here can go to the catalogue and pick through the dozens of informative, interesting threads happening here right now and skip this egotistical shitposting.

Fuck you, OP. Watch as he responds to this to give himself another bump and more chances for gullible people to

>plz respond

>> No.203843

>>203814
>Cant even spell "Catalog"
Go back to your "doge" trades.

>> No.203859

>>203843
Bumped as expected. Pathetic. And over an international spelling at that.

>mom i bumped it again.

>m-mom

Seriously, don't you have some lawyers to hire so you can inherit some more money, kid? Some other place you can pretend to be someone?

>> No.203876

You got your money from your wifes family, if you didn't have that money you wouldn't be here bragging about anything, get a grip.

>> No.203887

>>203859
>>203876
I love your crying. Please continue

>> No.203895

>>203887

well, no, I think that's a legitimate question, albeit poorly phrased,

Do you think you would be successful had it not been for your wife and inlaws - if so why?

>> No.203898

>>203887
no one is crying, it's fact and you can't even deny it. you even changed religion just for her, what a joke you are

You can't say you have made it because you didn't, you just got lucky. the ones that make it are the ones that start from scratch with their own money.

>> No.203899

It really doesn't stop does it?
Wipe: Worse than the jews™

Captcha: Kill yourselves

>> No.203901

>>203887
When are you going on Levine's show again you gigantic faggot? Actually, screw that, go on Cramer's show and try and try and change the corollary of "always do the opposite of what Jim says."

>> No.203907

>>203901
link?

>> No.203905

>>203895

To sum this post up:

Check your privilege, thank you very much.

>> No.203906

>>203899
hahaha. They really do get angry right?

>>203895
Yes my wife has contributed greatly to my success. I was already on the path, they just shaved off 6 years.

>> No.203914

>>203905

well, no, I don't care if someone inherited or married into wealth, it's just I would be reluctant to take advice on getting wealth from someone who isn't self made

>> No.203917

>>203914
Ask yourself this then. Why on Earth would they accept me if I wasn't already on my way there?

>> No.203921

>>203917
because they're stupid terrorists that will do anything to convert someone else to their own religion?

>> No.203923

>>203906
>buys lots of free money
>considers himself a success
>posts on chinese girl cartoon website about it

Yeah. Keep up the good work, kid. We're really impressed. Especially how you so vigorously defend yourself while we edge closer to the bump limit.

>> No.203924

>>203921
Lol I think I've figured out who this is. Go back to /pol/

>> No.203940

>>203914

Exactly. Privileged people are people who didn't earn what they have. Why would anyone ask advice from a privileged person? That's why I was telling him to check his privilege, so he would realize he didn't earn his success.

>> No.203948 [DELETED] 

What do Israel and this board have in common?
Both are shitholes that need to be removed ASAP.

There is nothing /biz/ about this board. Half the fucking time you have peasants getting buttmad about someone, and the other half is when peasants pretend to be someone they're not.

TL;DR
IF YOU WASN'T BORN INTO A RICH FAMILY YOU WILL NEVER MAKE IT SO GET FUCKED AND GET WORKING

>Posted in wrong thread
O-oops >.>

>> No.203952

>>203948
hey man, long time no talk.

It's possible to make it. It's just difficult. Most people just don't want to put in the work/easier to blame the world for their problems.

>> No.203957

>>203917
well tell us about those early times then, what kind of business did you first get into, how did you and your friends get it up and running

>> No.203960

>>203948
wow fuck off back to /sp/ you shitskin paki go pray your 7th prayer

not everyone was born with a silver cock in their mouth, so get off your horse. why are you even here?

>> No.203962

>>203948
Holy fuck go kill yourself.

>> No.203974
File: 13 KB, 420x345, happy_mallya.jpg [View same] [iqdb] [saucenao] [google]
203974

>>203960
I love that so many of the rich people on /biz/ are indians/arabs with a bunch of whiny white poorfags shitting themselves about it

>> No.203990
File: 52 KB, 127x218, 20131111034823489.png [View same] [iqdb] [saucenao] [google]
203990

>>203952
>>203960
>>203962
Don't let them get you down, reporting works.

>> No.204009

>>203952
Yeah been away

>>203960
>Fuck off back to /sp/
'No'
>7th prayer
There's only 5 and I've got 2 left moron
>Born with a silver cock in their mouth
Mine was gold and diamond encrusted, mad?
>Shitskin paki
Probably only thing you got right in the entire post, although you're forgetting the arab/emirati part.

>>203962
Who are you and why?

>>203974
Lol this tbh. All these faggots mad that there are pakis who make more a month than they make in a year

>> No.204012

>>203990
Lol what did I do to you Jew??

>>203957
Started a IT contracting business where we would hire recent graduates and find them jobs.

>>204009
Are you full emirati?

>tfw can't be citizen without it.

How's life?

>> No.204026

>>204012
Dude stop misunderstanding things, so far I have always been on your side.

>> No.204032

>>204012
was your wife a virgin when you married her?

>> No.204034

>>204026
Ah. I thought by that post you were reporting my posts haha. My apologies.

>>204032
Yes

>> No.204039

>>203974
>I love that so many of the rich people on /biz/ are indians/arabs with a bunch of whiny white poorfags shitting themselves about it

Fairly certain that I'm the wealthiest regular poster on /biz/ and I'm as white as they come.

And Jewish.

Deal with it.

>> No.204040

>>204012
Lel no. My mum is but I'm not. Half paki from my dads side.

Even if was full emirati, I wasn't born there so I can't get citizenship anyway.
>Tfw arab countries are elitist as fuck
Feels good man.jpg

Life is decent, just SSDD I guess. Although weekend was interesting considering fiances family came over.
>Tfw our dads might be starting another business together
Worry.jpg

You? When are you in lahndahn?

Also ignore the jew, he's zionist as fuark.

>> No.204041

/biz/ would be 100 times better if all the wage slave threads were banned.

This board is supposed to be about entrepreneurship not if your fucking resume is good or not.

>> No.204054

>>204041
you do realise you are a NEET so you should be banned too, right?

>> No.204053

>>204039
If you are really a jew, you are only white because of selection.

>> No.204057

>>204053
what is that supposed to mean?

>> No.204062

>>204057
Jews are not originally white. Most are white today because they lived in white countries. If you live among whites then white is more attractive to you and you procreate with the whiter jews. Thus the jews slowly got white skin without mating with whites.

>> No.204060

>>204054
How does that even make sense?

Just stating a fact, wage slave threads should go back to /adv/ or /r9k/ where they belong.

>> No.204064

>>204060
What do you mean by "wage slaves"

>>204040
When am I where? And yeah Arabs are elitist as hell. Thank God I look Arab.

>> No.204070

>>204062
Look Abraham, I'm white because I'm white. It's genetics, not politics. My religion does not dictate my race, or vice versa.

Last post I'll make on the subject. This isn't /pol/.

>> No.204072

€>>204062
>The jews slowly got white skin without mating with whites
>Most are white today because they lived in white countries. If you live amoung white then white is more attractive to you and you procreate with the whiter jews

You just contradicted yourself massively you moron.

And no, I live in a country surrounded by whites yet I find my own kind more attractive than any other. That's how all arabs/pakis see it, we stick to our own whether it be due to culture or purely as a survival trait.

>> No.204076

>>204072
I think it's very much ingrained into the culture since wealthy arabs/pakis see marriage as a union between families (just like royalty).

>> No.204079

>>204064
Wage Slave = people that work for an hourly wage that do not own a business or have capital. Synonymous with "cog in the machine".

>> No.204094

>>204070
Look Butch, you are correct, your religion does not dictate your race, but then you aren't jewish by blood.

>> No.204095

>>204012

>Started a IT contracting business where we would hire recent graduates and find them jobs.

can I ask about the payment arrangements you had with the new grads? was it cash up front or more like contractors?

>> No.204089

>>204079
Ah, I made this thread to help those in that position talk about getting out. Mostly focusing on my age range though. 18-25 (since I'm 24).

>> No.204101

>>204089
but chances of anyone in this thread of becoming successful is low. not because they're too busy derailing the thread, but because you just have to be extremely lucky.

>> No.204106

>>204095
We negotiated a contract with several IT companies and then took a cut of the pay from the contractors. Basically if we negotiated a 23/hr rate, then the contractor would get around 16/hr.

>>204101
Luck is an important factor, but hard work can make up for lack of luck

>> No.204110

>>204106
sorry to keep pushing, but I'm genuinely interested, how did you find the contractors and the new grads, was it networking through school? Did you cold call/cold email? email

>> No.204123

>>204110
Actually we would get contracts with certain employers , then we would take over the hiring process and post ads on dice.com or something.

And no problem, ask away

>> No.204133

>>204123
what did you have your own building of postgrads just sitting around waiting for a job? how did it work?

>> No.204141

>>204133
We would first get the contract for "x" amount of employees needed. We would then post ads. Tons of resumes come in. We pick the most promising and interview them. Then we filter even more and do a second interview with the employer. Then boom, hired.

>> No.204144

>>204141
how did you contact these employers and find out how many employees they needed and whether they were interested?

>> No.204172

>>204141
>we
how many people were in on this?

>> No.204188

>>204144
Same sites. We also did a lot of pavement pounding. Mostly for larger corps since they don't want to deal with the hiring process. They prefer contracts for short term projects/limit liabilities in the workplace.

>>204172
Quite a few, but there were only 6 initial partners

>> No.204192

>>204188
and how would you get paid for this?

>> No.204203

>>204192
The workers submit their hours to us, we then bill the company, and then disperse the payment accordingly.

>> No.204483

>>204039
>Implying race really matters when your rich

You usually give away your income with statements like this

>> No.204530

>>204483
Please don't race-bait in order to bump your own thread. It's pathetic, and off-topic for the board.

>> No.204536

>>204530
Who is race baiting? You're the one that brought race and creed? Im just telling you it doesn't really matter in the upper class. Money talks.

>> No.204552

Wipe

How does one learn to day trade? or pick very good penny stocks?

I am pretty good at normal stocks, but there are like billions of penny stocks and I have no knowledge of how to figure out what is good or shit in the penny range

>> No.204557

>>204552
>How does one learn to day trade?
Shadow a day trader

>Or pick very good penny stocks
Start your own boiler room.

Penny stocks are impossible to time without insider knowledge. And daytrading is extremely difficult on the mind. I recommend shadowing someone.

>> No.204587

>>204557
Is there any decent resources to find a day trader to shadow? I did a quick google search only to get a bunch of junk and some books.

I live in a major metro area in usa with its own exchange if that helps.

>> No.204617

>>204587
Go to an exchange? Maybe get a few cards. Most daytraders I know do it from home though.

>> No.204738

I read this thread. As a person who is dirt poor, a nobody, and pretty much uneducated person. I completely agree with Wipe. If you get any advantages in life, push them to their limits.

I am not as lucky as he is, but more power to him.

>> No.204841

>>194875
So I'm 19 and currently in my gap year (britfag). Gotten three unconditional offers to study Medicine at UCL, Cambridge and Keele. Now I'm thinking it's the biggest mistake of my life. I'll be taking approximately 12k per year in debt for potentially six years.

So with a debt of 72k and being on a wage of around £25k once leaving med school, can I salvage any hope to someday make money from stocks and shit? I've done quite a lot of reading into finance and investing but I don't see when I can actually do it.

Did I pick the wrong degree OP?

>> No.204907

>>204841
Why is your pay capped at 25k?

>> No.204922

>>204907
It's not capped, its around 25k when starting and then slowly increasing by like 3k a year.

It's around 30k the final wage as a junior doctor.

>> No.204967

>>204922
Why is the wage so low? Im curious since I don't know pricing over in the UK

>> No.204985

>>204967
That's me as a junior doctor. Being a speciallist, my junior pay is 30k straight up. Then after two years, my pay is between 37-69k. As a consultant, it'll be 75-101k

I feel like a chunk of my money will be gone when it's taxed and then paying off debt.

>> No.205023

>>194875

>tfw we pay probably about $20k in CPA fees annually, but there are several tax returns. My personal one costs about $3k.

The young anons who ask why OP has an accountant; well the more complex your finances, the more you need a good CPA to make sure taxes are done correctly.

>> No.205030

>>205023
Pretty much. Never fuck with the government. You'll never win.

>>204985
Ah what about the Royal College of Physicians? We have connections there, in fact, we will be there in May.

I think medicine is an honorable path, but I don't know enough about the possible income in the UK nor how your healthcare system is handled.

>> No.205032

>>204841

I'm not OP, but doctors in the US aren't making a pittance of what they did. Obamacare will finish many of them off. They're retiring early. I know a pediatrician who was making like $120k and now she's making around $46k - and she's really good with a great patient load.

>> No.205039

>>205032
This is why I can't make a recommendation. Because in the US, medicine as a career was #rekd

>> No.205056

>>205030
Dunno about the pay there, haven't even looked at it whatsoever.

I think I made the wrong choice overall in picking it. I've got tons of family and friends congratulating me on securing offers two of the top unis of the world but they don't see I'll be a debt ridden faggot who'll be chasing bills my whole life. Did I mention the work hours?

>>205032
Yeah, here there's a lot of scrutiny regarding the quality of health care at the moment with a ton of hospitals not even meeting goals in terms of exceptional healthcare. I'm considering migrating to another country where I could get a higher salary once I finish my degree.

>> No.205101

How'd you become a hotdog

>> No.205427

>>205032
Yea obama care went after the "rich" doctors instead of the $100 pill you have to take 4x a day.

Its the government did you expect them to do something right?

>> No.205574

>>205427

Obamacare didn't go after the doctors or the drug companies. The doctors are drowning in new paperwork, they are now only allowed moments with patients, they won't be able to make a decent salary, when you account for malpractice insurance, and other expenses. I know several who've just thrown in towel and retired.

Doctors are not "rich" as you say at $100,000. They have some of the most expensive education around, their insurance, staff, offices, supplies, and such, are very expensive.

Obamacare is going to create exactly what they claim they are trying to stop. Good doctors are going into concierge medicine, and well they should. The wealthy will pay cash for medical care and the middle class gets screwed, yet again.

>> No.205634

>>205574

They made a 2 tiered system basically with the rich being able to afford a personal doctor, and the average joe getting a over worked under paid doctor.

The "rich" was just what people think doctors are. I understand almost half of the money they make goes to insurance costs.