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Joined 3 years ago
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Cake day: July 1st, 2023

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  • I thought I’d always want to start some sort of good business … I know people who… retired with millions. I do not think anyone could do that today

    It seems you equate “starting a good business” with “retiring with millions”. I would consider those very separate.

    And a CNC shop is very capital intensive to start so yeah, probably not going to start one without a loan from somewhere. This also makes me think you’re only talking about huge companies or manual labor work, when plenty of people have honest accounting businesses and live pretty comfortably.





  • I used to be a financial advisor. I cold called 1,000 numbers. I got 1 to a meeting (0.1%), never became a client. Idk how many doors I knocked on, I got 2 meetings, neither of them clients. Every client I got was someone I already knew. Just kinda what going off on your own is like.

    Was there any skill you actually enjoyed doing? Is there a way to get a job somewhere to build experience as like a trainee before going off on your own?? I’m kind of in a similar situation, except I’m eyeing up bookkeeping. I’m good at math, it’s potentially fully remote, no degree required, no regulatory board/exams to pass/ low regulation. The downside is that it can be hard to break into because of the low barriers to entry and anybody can just call themselves a bookkeeper so it’s a little oversaturated. .

    I’m going to self study, learn bookkeeping software, then start applying for jobs like “junior bookkeeper”, “accounts payable clerk”, “assistant bookkeeper” etc just to try and get my foot in the door and see where it goes.







  • Basically the government guaranteed loans to college kids, saying you can’t be denied a loan. The idea was to allow anyone the means to better themselves through an education.

    Then colleges realized they could raise prices to whatever they wanted and the loans would get approved. Remember you can’t deny someone a loan for college anymore, they don’t check if the prices are “reasonable”.

    I’m sure there’s more nuance and other factors to it.