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It sounds like you're pretty good at flipping cars, you know the biz and you have the necessary skills to keep your profits as high as possible. Honestly you need to stick with that because, and I'll tell you from personal experience, once you start looking around for diversification in areas that require "less effort for equal returns" you're in shady territory. The water gets murky and it's full of sharks waiting for people just like you, and they will ruin your rear end. Even if you do try to diversify with another business model consider how much time, energy, and resources it will cost you to become proficient enough to actually make money doing it. You'll flounder around wasting a couple hundred on books for that, a few classes for this, pay someone who's a guru at X to teach you their ways...it's never that easy bro. And that's a good thing because if it were easy to make money then everyone would do it and there'd be no room for industrious people like yourself to get ahead. My advice if you're serious about making more money: Rule #1) Never trust anyone with your money. No one has your best interest at heart, and only you can take care of your finances. Even if you have a financial advisor grill the gently caress out of him to make sure he isn't a shady garbageman. Or pay him enough that he doesn't need to steal from you but that's on another level. 2) Stick with what you know, what is profitable, and figure out how to scale it. Maybe you need to hire someone else to do the bitch work for you while you go out and scout new leads, or you do the bitch work while they scout new leads. Maybe one day you'll be a legit small business owner who gets his own custom car TV show on CMT with licensing deals and lunchboxes with your face on em. You found something that works, figure out how to do it better, don't go chasing other easier returns because you will get raped.
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Jul 8, 2014 12:29
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| # ¿ May 21, 2024 14:53 |
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