SOWPub Small Business Forums  
 

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Sign up for the Hidden Business Ideas Letter Free edition, and receive a free report straight to your inbox: "Idea that works in a pandemic: Ordinary housewife makes $50,000 a month in her spare time, using a simple idea - and her driveway..."

NO BLATANT ADS PLEASE
Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here

 

Go Back   SOWPub Small Business Forums > Main Category > SOWPub Business Forum
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

SOWPub Business Forum Seeds of Wisdom Forum

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #15  
Old August 17, 2016, 09:14 AM
GordonJ's Avatar
GordonJ GordonJ is offline
Administrator
 
Join Date: Aug 2006
Location: West Palm Beach, FL
Posts: 3,471
Default Making money vs starting a biz.

Many a thread in archives about this.

I sell my TV on front porch, I may make some money.
But I don't have a business.

Selling weed at the playground, NOT a business, BUT, a lucrative operation.

By the way, probably because of Rio...what would happen if we made PED (performance enhancing drugs) legal and just leveled the playing field OR offer two choices, the PED Olympics, and the "Clean" Olympics.

Also, NFL owners, bigger thieves than Wall St. Bankers...get real with WEED and your players. Let em smoke, maybe they won't beat on their wives and girlfriends, just give Frito-Lay a boost. I say, let there be more Lyle Alzados...if we want gladiators on the field, don't restrict them.

Anyhow.

Is there a PED for making money? Uh, oh, some vitamin/supplement shill just got all excited and wants to expound on some wonder drug for business success...please don't.

Not everyone wants to start and own, and MAINTAIN a business, but look for other options.

The SQ1 show several options on the Pictogrigm of Finances:

http://www.sowpub.com/gordon/financialpicto.gif

Under the "sources" list on the left, we see absentee owned businesses and also joint venture and partnership. I still know people who belong to small investment groups, mostly in real estate, but also in businesses.

Those represent one way where money comes in, without the work, and are probably the least utilized way of cash flow. Most don't think about them or fear they are too complicated.

We also see chattel on the sources side, and as members here know, I'm a big believer in buying and selling for a profit. I don't know of any faster way to make a quick 1,000 to 10,000 bux for the amount of effort needed to do it.

Steve Ski gave us an example of how Curb Painting can be a quick cash thing to do, or built into a very nice business.

We have hundreds of discussions in the archives about how DOING things can bring in fast cash, and that ORGANIZING the doing of things can lead to a lucrative business.

My opinion is, most should start with making money, BEFORE, they start a business. One of fastest tracks to failure is not having a business knowledge foundation to build on...and you can see evidence everywhere when 99 of 100 business start-ups fail.

Making transactions is the cornerstone of both, but in business, it is only the cornerstone, there has to be a "building" (not brick and mortar) which surrounds it...

whereas, making money, can be a one off, stand alone transaction, which is not limited nor governed and can be a penny to a billion bux.

More on choosing the right thing for you and questions are welcome, opinions are welcome, experience shared is greatly appreciated, thank you.

GordonJ
Reply With Quote
 


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Other recent posts on the forum...


Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | Hotsheet Profits | Persuade via Remote Influence | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine)

Get the report on Harvey Brody's Answers to a Question-Oriented-Person


All times are GMT -4. The time now is 02:50 AM.


Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.