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Ed_The_Gypsy · 07-19-2006, 08:23 AM

Starting or buying a small business is not a cakewalk.

Back in Lakeland, Florida, years ago, a guy who supplied the seafood to Red Lobster (which started in Lakeland) started his own seafood restaurant, the Sea Wolf--very flashy, very successful. His accountant, who of course saw all the numbers, thought, I can do this, too! The accountant tried it at a weak location south of town and went bust.

I know many folks who have tried small businesses unsuccessfully (me included) and a few that succeeded. Rental residential real estate seems to be a more successful enterprise than most.

I understand your feelings completely. After 30 years, I don't think I am suited to work for someone else, but I have demonstrated a lack of aptitutde for working for myself.

07-19-2006, 08:23 AM	#8
Ed_The_Gypsy Thinks s/he gets paid by the post Join Date: Dec 2004 Location: Cowtown, Alberta Posts: 2,414	Starting or buying a small business is not a cakewalk. Back in Lakeland, Florida, years ago, a guy who supplied the seafood to Red Lobster (which started in Lakeland) started his own seafood restaurant, the Sea Wolf--very flashy, very successful. His accountant, who of course saw all the numbers, thought, I can do this, too! The accountant tried it at a weak location south of town and went bust. I know many folks who have tried small businesses unsuccessfully (me included) and a few that succeeded. Rental residential real estate seems to be a more successful enterprise than most. I understand your feelings completely. After 30 years, I don't think I am suited to work for someone else, but I have demonstrated a lack of aptitutde for working for myself. __________________ "Ain't got no money for no old-age pension; I'm so broke, I can't pay attention!" "I started out with nothin' and I still got most of it left."