thefed
Thinks s/he gets paid by the post
- Joined
- Oct 29, 2005
- Messages
- 2,203
I don't like can't work for soemone my whole life. I have so many things going on that I feel I can live without my 9-5.
A little background: I started at this finance company 2 years ago for a menial wage. I took the job because just a few weeks later I had to go to court for some issues that would negatively 'mark' me for life. I have since climbed the so-called ladder, and am currently in a position of management, although my salary would'nt tell you that (35k). My job is in fact easy, and only somewhat stressful. I don't, however, see the possibillity in the near future for the 80k/yr salary the owner says is possible for me by year 5.
I am an entrepreneur. I started washing cars at age 7, cutting lawns at 9, helping with spring cleanouts at 10, selling pot at 14, started a painting business at 17, and now own a successful air duct cleaning business. I HATE working for the man. I was very successful in my illegal proffession for 3 years, and want to get back to my 18 year-old version of ER (minus the drugs and stolen merchandise). I CANT work for the man any more!!!!
I don't, however, want to cut the proverbial cord! I like seeing my sh!tty 700 bucks deposited into my account bi-weekly along with my sh !tty 600 dollar bonus each month.
There are 2 people who work for us that work from home. The way they both began is similar. Person number one moved to south carolina after 3 years of service. She was so good that they set her up on her home computer and she makes collection calls from home. Person #2 quit, and was begged to come back. In the process, she negotiated 3/5 days week to work from home...same deal.
I cant particularly work from home as I need to be a hands on supervisor for some of my collectors. But, I'd be willing to work from home, part time, AS a collector/underwriter. I could go back to my pay before supervisory status, which is 'only' a 60% decrease in bonus...which translates to about 300/month ($2/hr??). I'd liek to work about 20 hrs/week...maybe from 8-11 daily, then a few hours on the weekend.
I just don't know how to approach this situation. I am ready to expand my duct cleaning business but dont have the time to meet with HVAC techs, Realtors, Doctors, mold guys etc. I dont have the time to DO the work that comes with running a $5k ad. I don't have the time to rehab my investment properties quickly because I work 40-50 hrs/week.
I need only $2k/month to scrape by. This includes mortgage,ccards,utilities,insurance,car,food etc. I have $700/month cashflow coming in from 2 rentals. SO, I only need to make $1300 month to 'survive'. For the first 30 weeks of air duct cleaning, I am averaging $1300/month gross. I havent advertised in 3 months though! Imagine what a targeted ad campaign will do! I also make about $150/month on Ebay. I also PLAN to keep making money off of real estate rehabs. One small job/year will net me $10k to work with (I dont think that will be too hard to accomplish...I've done it on my first 2 rehabs). Last, but not least, I can work with my father for some extra $$ along the way. As of right now, I estimate I could grab at least 50 hrs/month under the table at $12-13/hr GUARANTEED.He owns a painting business which COULD thrive with the right marketing and some reliable help. I have some $ for the ads, and I also have a few guys who would follow me down that path as labor. I've always dreamt of expanding his business. Lastly, I want to start a landscaping company next spring. About 20 residentail properties would suit me perfectly as a stand alone operator. I need about $2500 for supplies and $1k for advertising and I'd be off and running.
HOW though, could I approach my boss (owner) to see if working from home in a non-supervisory position would work? I dont want to 'tip him off' then get fired in a month for whatveer reason (although unemployment would smooth the transition for me!!).
My concerns: my criminal record/high school education might prohibit me from obtaining a position in the w*rking world easily in the future. It could be done, but not with some sweet talking. I also have somewhat limited savings right now. I have $8k cash. $8k in roth/401k which would be about $7k after penalties. I have $1k in stocks I can liquidate. I should be at the closing table getting a check for about $15k in 60-90 days. I have access to maybe $10k of a HELOC if I get in a bind.
My positives: I've never had a problem finding/making money ...whether its buying a car and selling it for a quick profit, selling stuff on Ebay, starting a business, rehabbing a house, or working a 9-5. I'm very determined and clever when it comes to making something work...I WILL make it happen. My duct cleaning business is projected to make 28k gross this year, which translates to $20k gross now that my equipmetn/vehicle is paid off. This was with a WEAK advertising campaign. My rehabs are going well, and making 10-15k isnt too hard in the niche I've found.
Worst case scenario: I deplete my savings and have to get a j*b. This is a result of my air duct cleaning business falling flat on its face by having 6 consecutive months WORSE than the worst one I've had so far. I lose money on/cant find a home to rehab and sell for a profit. My father's business,established 30 yrs, is SO slow that he cant even employ me. That's happened in the past...30 days with one or 2 small jobs....but right now it's booming and can BOOM if I get to market it. I may have a hard time with my spotty record obtaining a 'good' job, but can easily goto the local factory who hires anything that breathes fro $10/hr.
And of course, this could delay my ER by a while. BUT, it could also bring it closer. Once one of my businesses takes off...you'd better watch out...because I won't stop there. In the mean time though, I'd consider my self semi-ER...working a few hours from home making calls. Work a few (20)hours/month cleaning ducts (which is FUN). Work a few hours/month working with my dad...which is also fun (20). and spending a LOT of time with my 1 year old son...the main reason I want to do this. I've learned that FAMILY is what life is about, sharing/living/loving with the peole who will always love you
Any input will be appreciated
A little background: I started at this finance company 2 years ago for a menial wage. I took the job because just a few weeks later I had to go to court for some issues that would negatively 'mark' me for life. I have since climbed the so-called ladder, and am currently in a position of management, although my salary would'nt tell you that (35k). My job is in fact easy, and only somewhat stressful. I don't, however, see the possibillity in the near future for the 80k/yr salary the owner says is possible for me by year 5.
I am an entrepreneur. I started washing cars at age 7, cutting lawns at 9, helping with spring cleanouts at 10, selling pot at 14, started a painting business at 17, and now own a successful air duct cleaning business. I HATE working for the man. I was very successful in my illegal proffession for 3 years, and want to get back to my 18 year-old version of ER (minus the drugs and stolen merchandise). I CANT work for the man any more!!!!
I don't, however, want to cut the proverbial cord! I like seeing my sh!tty 700 bucks deposited into my account bi-weekly along with my sh !tty 600 dollar bonus each month.
There are 2 people who work for us that work from home. The way they both began is similar. Person number one moved to south carolina after 3 years of service. She was so good that they set her up on her home computer and she makes collection calls from home. Person #2 quit, and was begged to come back. In the process, she negotiated 3/5 days week to work from home...same deal.
I cant particularly work from home as I need to be a hands on supervisor for some of my collectors. But, I'd be willing to work from home, part time, AS a collector/underwriter. I could go back to my pay before supervisory status, which is 'only' a 60% decrease in bonus...which translates to about 300/month ($2/hr??). I'd liek to work about 20 hrs/week...maybe from 8-11 daily, then a few hours on the weekend.
I just don't know how to approach this situation. I am ready to expand my duct cleaning business but dont have the time to meet with HVAC techs, Realtors, Doctors, mold guys etc. I dont have the time to DO the work that comes with running a $5k ad. I don't have the time to rehab my investment properties quickly because I work 40-50 hrs/week.
I need only $2k/month to scrape by. This includes mortgage,ccards,utilities,insurance,car,food etc. I have $700/month cashflow coming in from 2 rentals. SO, I only need to make $1300 month to 'survive'. For the first 30 weeks of air duct cleaning, I am averaging $1300/month gross. I havent advertised in 3 months though! Imagine what a targeted ad campaign will do! I also make about $150/month on Ebay. I also PLAN to keep making money off of real estate rehabs. One small job/year will net me $10k to work with (I dont think that will be too hard to accomplish...I've done it on my first 2 rehabs). Last, but not least, I can work with my father for some extra $$ along the way. As of right now, I estimate I could grab at least 50 hrs/month under the table at $12-13/hr GUARANTEED.He owns a painting business which COULD thrive with the right marketing and some reliable help. I have some $ for the ads, and I also have a few guys who would follow me down that path as labor. I've always dreamt of expanding his business. Lastly, I want to start a landscaping company next spring. About 20 residentail properties would suit me perfectly as a stand alone operator. I need about $2500 for supplies and $1k for advertising and I'd be off and running.
HOW though, could I approach my boss (owner) to see if working from home in a non-supervisory position would work? I dont want to 'tip him off' then get fired in a month for whatveer reason (although unemployment would smooth the transition for me!!).
My concerns: my criminal record/high school education might prohibit me from obtaining a position in the w*rking world easily in the future. It could be done, but not with some sweet talking. I also have somewhat limited savings right now. I have $8k cash. $8k in roth/401k which would be about $7k after penalties. I have $1k in stocks I can liquidate. I should be at the closing table getting a check for about $15k in 60-90 days. I have access to maybe $10k of a HELOC if I get in a bind.
My positives: I've never had a problem finding/making money ...whether its buying a car and selling it for a quick profit, selling stuff on Ebay, starting a business, rehabbing a house, or working a 9-5. I'm very determined and clever when it comes to making something work...I WILL make it happen. My duct cleaning business is projected to make 28k gross this year, which translates to $20k gross now that my equipmetn/vehicle is paid off. This was with a WEAK advertising campaign. My rehabs are going well, and making 10-15k isnt too hard in the niche I've found.
Worst case scenario: I deplete my savings and have to get a j*b. This is a result of my air duct cleaning business falling flat on its face by having 6 consecutive months WORSE than the worst one I've had so far. I lose money on/cant find a home to rehab and sell for a profit. My father's business,established 30 yrs, is SO slow that he cant even employ me. That's happened in the past...30 days with one or 2 small jobs....but right now it's booming and can BOOM if I get to market it. I may have a hard time with my spotty record obtaining a 'good' job, but can easily goto the local factory who hires anything that breathes fro $10/hr.
And of course, this could delay my ER by a while. BUT, it could also bring it closer. Once one of my businesses takes off...you'd better watch out...because I won't stop there. In the mean time though, I'd consider my self semi-ER...working a few hours from home making calls. Work a few (20)hours/month cleaning ducts (which is FUN). Work a few hours/month working with my dad...which is also fun (20). and spending a LOT of time with my 1 year old son...the main reason I want to do this. I've learned that FAMILY is what life is about, sharing/living/loving with the peole who will always love you
Any input will be appreciated