THE BORE

General => The Superdeep Borehole => Topic started by: Atramental on February 20, 2016, 07:44:49 PM

Title: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on February 20, 2016, 07:44:49 PM

"I'd rather work 80 hours a week for myself than 40 hours a week for someone else."  :doge

---

After doing a bunch of searches for a new job it's becoming very clear that working for someone else to earn a living will just make me miserable in the end.

SO, while I'm working at my current place of employment I'm going to slowly yet meticulously set up a designer clothing side business. 

I think my target market is going to be rich young CACs but I'm probably going to start off by marketing my clothing to lower income urban youths because rich young CACs just love to steal cultural paraphernalia from that demographic.  :doge :doge :doge

spoiler (click to show/hide)

I haven't written out a formal business plan yet. :yeshrug

[close]

Anyways, feel free to share pointers or experiences if you yourself are an entrepreneur (I'm looking at you AIA) or fucked around with the idea of becoming one.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Joe Molotov on February 20, 2016, 07:46:40 PM

Too bad buying lottery tickets for a living didn't work out.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on February 20, 2016, 07:48:48 PM

I've got one more powerball ticket so... we'll see.  :doge

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on February 20, 2016, 08:02:27 PM

https://www.youtube.com/watch?v=39qSsJaqkws

Or I could do this.  :doge :derp

I'm going to be so rich.  :money

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Madrun Badrun on February 20, 2016, 08:10:40 PM

Make you farts in a jar trendy by selling them to black people first right  :doge

spoiler (click to show/hide)

Then Madonna will by 10. 

[close]

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Phoenix Dark on February 20, 2016, 08:13:36 PM

https://www.youtube.com/watch?v=iQkhpw5FZac
 :doge

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on February 20, 2016, 08:39:22 PM

Quote from: TheInfelicitousDandy on February 20, 2016, 08:10:40 PM

Make you farts in a jar trendy by selling them to black people first right  :doge

spoiler (click to show/hide)

Then Madonna will by 10. 

[close]

I think she already smells her own farts.  :doge

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on February 21, 2016, 01:10:45 AM

(http://i.imgur.com/NdpRXBL.jpg?2)

I'm going to start the next Fubu, brehs. Just you watch.  :doge

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: toku on February 21, 2016, 05:40:53 AM

I believe in you.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: El Babua on February 21, 2016, 10:47:42 AM

Don't be a wagecuck anymore brother!

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: chronovore on February 22, 2016, 02:45:33 AM

Good luck!

You made your first move by quoting that USD500/day fee for design recently. Get used to that kind of thinking.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Cerveza mas fina on February 22, 2016, 03:05:44 AM

Having your own business is only second to winning the lottery as far as "the dream"

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: chronovore on February 22, 2016, 04:06:08 AM

Quote from: Premium Lager on February 22, 2016, 03:05:44 AM

Having your own business is only second to winning the lottery as far as "the dream"

It's a lot of hustling and stress and fatigue. At first, apparently you have to do everything yourself. That part hasn't been fun so far.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Cerveza mas fina on February 22, 2016, 04:21:05 AM

I think thats just it Chrono, unless you make it big

I really want to start something one day too, as its kind of a family tradition to be self employed

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: VomKriege on February 22, 2016, 04:24:22 AM

Honestly doesn't seem to be worth it unless you're really passionate about whatever activity you are in. I also suspect "real" entrepreneurship is more about doing it with other people's money (at least in part) because anything more complex than one-man activities where you are selling your workforce with a bill instead of a wage -which I would argue are hardly being an entrepreneur, no slight intended- requires some form of capital and probably some sort of hired help for the accounting and abiding to regulations. It's not just a matter of working longer hours, but the fact that half those working hours will probably be devoted to menial tedious shit and/or agonizing about even turning a living revenue.

I am toying around with the idea of setting up a business in my current line of work, but without even running a rough cost analysis I know it's a six figure matter right off the bat so... yeah.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: I'm a Puppy! on February 22, 2016, 09:28:36 AM

I have a bunch of friends that are entrepreneurs and they like to ask me what my #1 tip for business owners is, it's sadly simple: Have money.

You're going to make mistakes and they will cost you money. The businesses that succeed largely succeed simply because they have more money to absorb mistakes. Sucks but it's true. Cash flow is the most important thing.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Cerveza mas fina on February 22, 2016, 10:00:52 AM

Maybe you can have your dad lend you 1 million dollars.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Samson Manhug on February 22, 2016, 02:06:14 PM

Apparently the market for marijuana protection services exploded in Colorado and will likely continue to. There's a bunch of kids, mostly ex-military, starting for unprofessional-looking companies now and making money. Seems pretty easy to do with the right talent pool, but I don't know how long these little fish will last as the big firms like Brinks or even Blackwater-like companies move in with much better organizations and well-known names.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Madrun Badrun on February 22, 2016, 02:14:13 PM

Wait until Pallando's fart jar businesses takes off.  I'm sure he would pay for your services even if it required protection. 

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: chronovore on February 22, 2016, 07:31:58 PM

Quote from: TheInfelicitousDandy on February 22, 2016, 02:14:13 PM

Wait until Pallando's fart jar businesses takes off.  I'm sure he would pay for your services even if it required protection.

I tried to be entrepreneurial and went and squatted on all the fart-jar-related domains.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Samson Manhug on February 23, 2016, 03:28:40 PM

I did some more research and apparently the reason it's only kids and unprofessional-looking companies in cannabis protection is that if you shoot someone on duty (i.e. protecting yourself or a client) you are in violation of federal drug crime laws with mandatory minimum sentences of decades. No thanks.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on February 23, 2016, 03:31:29 PM

Yikes.  :doge

Well, I don't think I'll need to worry about that when shipping my jars of artisan farts AND queefs. :doge

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on February 23, 2016, 05:58:20 PM

Quote from: I'm a Puppy! on February 22, 2016, 09:28:36 AM

I have a bunch of friends that are entrepreneurs and they like to ask me what my #1 tip for business owners is, it's sadly simple: Have money.

You're going to make mistakes and they will cost you money. The businesses that succeed largely succeed simply because they have more money to absorb mistakes. Sucks but it's true. Cash flow is the most important thing.

Just reviewed my current financials and I currently have about $25,000 in liquid assets (being a single and childless workaholic with no debt has its benefits). So, I think I could take $1000 to $5000 of that to start out.

It helps that I'm a designer by trade so I can make most of my t-shirt designs myself and outsource the printing to a company like printful (https://www.theprintful.com/).

edit: Actually, before I do the whole t-shirt thing I may need to set up a blog/facebook account/youtube account so I have a platform to promote my products on.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Cerveza mas fina on February 24, 2016, 02:29:16 AM

T shirts are a pretty crowded market

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: chronovore on February 24, 2016, 03:04:32 AM

Quote from: Premium Lager on February 24, 2016, 02:29:16 AM

T shirts are a pretty crowded market

Not as crowded as the latex thong market. HEYO!

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Cerveza mas fina on February 24, 2016, 04:17:26 AM

(http://i.imgur.com/Cm6fQmo.gif)

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on February 24, 2016, 06:40:57 AM

Quote from: Premium Lager on February 24, 2016, 02:29:16 AM

T shirts are a pretty crowded market

True.

Another thing I was thinking about doing was teaming up with a developer I know and brainstorm about an app that could help a certain niche market with a specific need.

But that's going to take a lot of thought before we think of something worthwhile.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Cerveza mas fina on February 24, 2016, 09:15:53 AM

Just make a shitty F2P game with gotcha elements targeted at a young and impressionable audience and/or low IQ people and exploit them.

This is what capitalism and freedom is all about.

I'm thinking of a slot machine where you collect pictures of cats or something. Sure that can be developed for 5000 USD.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on February 24, 2016, 09:23:06 AM

Candy Crush: Dank Memes Edition  :doge

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Am_I_Anonymous on February 24, 2016, 10:42:25 AM

This whole thread got me like;


 :neogaf

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Am_I_Anonymous on February 24, 2016, 10:43:36 AM

Quote from: Samson Manhug on February 22, 2016, 02:06:14 PM

Apparently the market for marijuana protection services exploded in Colorado and will likely continue to. There's a bunch of kids, mostly ex-military, starting for unprofessional-looking companies now and making money. Seems pretty easy to do with the right talent pool, but I don't know how long these little fish will last as the big firms like Brinks or even Blackwater-like companies move in with much better organizations and well-known names.

They will be consumed by the pro's within 2 years. Ths shit always happens.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Madrun Badrun on February 24, 2016, 12:24:30 PM

You know a lot about being consumed by pros, eh?

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on February 24, 2016, 01:30:58 PM

Quote from: Am_I_Anonymous on February 24, 2016, 10:42:25 AM

This whole thread got me like;


 :neogaf

Are you saying my jars of farts won't turn into a lucrative business? :brazilcry

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on February 24, 2016, 02:00:58 PM

Quote from: TheInfelicitousDandy on February 24, 2016, 12:24:30 PM

You know a lot about being consumed by pros, eh?

ProJobs  :doge

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Am_I_Anonymous on February 24, 2016, 02:14:51 PM

Quote from: TheInfelicitousDandy on February 24, 2016, 12:24:30 PM

You know a lot about being consumed by pros, eh?

I would say it's comparable to your ability to deliver Jimmy Johns on time, every time on your huffy. So yes.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Am_I_Anonymous on February 24, 2016, 02:15:52 PM

Quote from: Pallando on February 24, 2016, 01:30:58 PM

Quote from: Am_I_Anonymous on February 24, 2016, 10:42:25 AM

This whole thread got me like;


 :neogaf

Are you saying my jars of farts won't turn into a lucrative business? :brazilcry

It's easily a better idea than anybody else has in this thread. Also where is food truck guy? I'm sure that went well I bet.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Rufus on February 24, 2016, 02:20:43 PM

That's Premium Lager you're thinking of. I don't think he's made any moves in that direction since.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on February 24, 2016, 03:04:37 PM

So (if you don't mind me asking) what product or service does your business actually provide, AIA?

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: VomKriege on February 24, 2016, 04:39:56 PM

Quote from: Am_I_Anonymous on February 24, 2016, 02:15:52 PM

Quote from: Pallando on February 24, 2016, 01:30:58 PM

Quote from: Am_I_Anonymous on February 24, 2016, 10:42:25 AM

This whole thread got me like;


 :neogaf

Are you saying my jars of farts won't turn into a lucrative business? :brazilcry

It's easily a better idea than anybody else has in this thread. Also where is food truck guy? I'm sure that went well I bet.

Had a friend (working insurance until then) who looked into getting a food truck, he quickly made a 180° once he started getting into the actual rules and regulations for the job. Not too surprising since cleaning the truck to safety and health standards must be a pain. So far he told me, you also have to jump through a lot of official hoops to get any sort of parking spot to conduct your business all the more since there's not a lot of those because of the intense competition.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on February 24, 2016, 05:54:33 PM

Oh! Just had another idea.

A graphic design school geared towards kids. Kinda like the place I went to after school to get art lessons.

I wouldn't be a teacher (because I hate being around kids) but I could hire a bunch of struggling designers to teach them.  :gladbron

spoiler (click to show/hide)

But of course I would have to be careful of  :jared 's creeping in...

[close]

edit: Eh, but then again, I've heard that some public schools in my area are beginning to incorporate graphic design as an elective so I would be competing against them.

edit2: Also, I'd much rather be selling products that could make me money while I'm sleeping rather than managing a bunch of people so they don't fuck up a service.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Madrun Badrun on February 24, 2016, 11:39:44 PM

As a hypothetical parent, I would not like my child to be around a wizard.  It's why PD's mom kept him from Harry Potter for so long. 

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Cerveza mas fina on February 25, 2016, 12:10:33 AM

Quote from: Rufus on February 24, 2016, 02:20:43 PM

That's Premium Lager you're thinking of. I don't think he's made any moves in that direction since.

My job got a second wind for now

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Reb on February 25, 2016, 06:10:49 AM

Quote from: Premium Lager on February 25, 2016, 12:10:33 AM

Quote from: Rufus on February 24, 2016, 02:20:43 PM

That's Premium Lager you're thinking of. I don't think he's made any moves in that direction since.

My job got a second wind for now

Bottle the second wind.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Samson Manhug on February 25, 2016, 08:57:51 AM

Whatever you end up deciding, I am getting pretty good at social media. I can help you

spoiler (click to show/hide)

. . .for a price

spoiler (click to show/hide)

ENTREPRENEURBORE

[close]

[close]

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on February 25, 2016, 12:11:46 PM

Thanks for the offer but I could outsource that service to some kid in India for 5 bucks an hour. :smug  :success :snob

spoiler (click to show/hide)

ENTREPRENEURBORE :doge

[close]

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: I'm a Puppy! on February 25, 2016, 01:17:25 PM

Man, my boss might drive me crazy but god what a sales guy. He really understands the flow of: Define the problem, make it look scary, tell them how you're going to fix it and make them feel stupid/out of date if they don't follow your advice and close the deal. He really does a good job of making all of business this one thing, people have problems, you can fix it. All you have to do is understand the problem.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on March 29, 2016, 05:16:33 PM

(http://i.imgur.com/dok6IpT.jpg?1)

After I get my paycheck at the end of this week I'm going back into "Entrepreneur Mode" again since I'll have made back all the money I lost from that hail storm fucking up my car.  >:(

I probably won't go completely cold turkey on The Bore since this and my Saturday game nights with my best friend are the only social life I have at the moment. But I won't be posting as much because I really need all the extra time I can get.  :larry

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: toku on March 29, 2016, 05:46:01 PM

get paid pupper

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on March 29, 2016, 06:07:00 PM

Oh yeah, almost forgot:

get paid pupper  :doge

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Phoenix Dark on April 08, 2016, 04:08:41 PM

Pallando are you playing McDonalds Monopoly? I got one of the 1mil pieces and thought of you. Let us join forces.  :doge

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Human Snorenado on April 08, 2016, 04:30:25 PM

Quote from: Phoenix Dark on April 08, 2016, 04:08:41 PM

Pallando are you playing McDonalds Monopoly? I got one of the 1mil pieces and thought of you. Let us join forces.  :doge

Boardwalk or Park Place? Cause I've got Park Place...

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Phoenix Dark on April 08, 2016, 04:34:09 PM

Quote from: Human Snorenado on April 08, 2016, 04:30:25 PM

Quote from: Phoenix Dark on April 08, 2016, 04:08:41 PM

Pallando are you playing McDonalds Monopoly? I got one of the 1mil pieces and thought of you. Let us join forces.  :doge

Boardwalk or Park Place? Cause I've got Park Place...

Park Place. #621.

having Park Place 620 and 621 gets you 1mil iirc

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: I'm a Puppy! on April 08, 2016, 04:48:15 PM

I have Park Place too! let's start a company!

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on April 26, 2016, 09:21:59 PM

I think I'm going to start a youtube channel about graphic design in a month or two once I have all the necessary equipment and written out some in depth talking points/scripts. 

But... I'll have to be incognito since I don't want future employers seeing me in all of my explicit glory. :doge

My end goal for the channel is for it to be a marketing funnel so that my potential fans can buy ebooks, courses, and apparel from me.   :money

Quote from: Phoenix Dark on April 08, 2016, 04:08:41 PM

Pallando are you playing McDonalds Monopoly? I got one of the 1mil pieces and thought of you. Let us join forces.  :doge

Nah. I'm already hovering at about 200 lbs. :fbm

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: I'm a Puppy! on April 26, 2016, 09:53:18 PM

Another Youtube channel about graphic design , but in this one people will not be able to see you? Thank goodness you have such a charismatic personality to make up for it. :hitler


Seriously though, Are you looking to teach or to sell work? If teach then youtube might be a good way (but any kid with a webcam is your competition) if get work, I'd say other ways are better.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on April 27, 2016, 07:43:29 PM

@Puppy:
The channel will definitely be geared towards education/infotainment. But feel free to tell me about other ways to make money. I'm all ears.

There's a lot of young hipster types hogging up a good chunk of the "Graphic Designers on YouTube" pie but I'm aiming for the niche that's into weird/obscure/non-trendy shit.

spoiler (click to show/hide)

I've already gone to 4chan's graphic design board to gauge levels of interest and there were a good chunk of design students/wannabes that seemed open to it.   :hitler

[close]

edit:
It might end up becoming something like this but for design instead of music production
https://www.youtube.com/watch?v=0XMqZ6gOOHw

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Madrun Badrun on April 27, 2016, 07:45:41 PM

'Would you be interested in something that you might be interested in and it's free and has no commitment from you?'  'sure'

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: toku on April 28, 2016, 04:21:16 PM

heads up pollando but I still believe in you:

(https://pbs.twimg.com/media/ChJRR--WUAMUOw9.jpg:large)

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Rufus on April 28, 2016, 06:28:45 PM

Amazing it didn't work like that from the start.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Cerveza mas fina on April 29, 2016, 06:37:31 AM

Pallando still scheming

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Fifstar on April 29, 2016, 09:03:08 AM

Quote from: Rufus on April 28, 2016, 06:28:45 PM

Amazing it didn't work like that from the start.

Needed the creators to get invested first, rights holders probably wouldn't have realized that.

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Kara on May 06, 2016, 01:57:09 AM

I can't give you industry-specific advice, but:

-Expect to bleed cash, plan accordingly. Cash is a bad source of liquidity in situations like this. (i.e. Gain access to revolving credit.)
-Don't get stupid with taxes, especially any local taxes. My limited exposure to local taxation in South Carolina was not pleasant.
-You don't strike me as a great people person (I'm not either, I mean no offense), how are you going to make friends and influence people?

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Cerveza mas fina on May 06, 2016, 03:35:29 AM

Hire me for sales

85k a year + commish uncapped, 60/40 split OTE

Title: Re: EntrepreneurBore - Get Rich or Die Trying
Post by: Atramental on May 06, 2016, 09:24:38 AM

@Kara

I'll give you a more detailed reply once I'm back at my home office and not posting on my phone at work in a bathroom.

Quote from: Premium Lager on May 06, 2016, 03:35:29 AM

Hire me for sales

85k a year + commish uncapped, 60/40 split OTE

:heh

I don't believe I've even hit 85k in gross income over the span of working as a carpet cleaner during one summer and my 3 (soon to be 4) years as a graphic/web designer.

Now, on the bright side... I have zero debt.