how come you havent started your own business yet?

[traestar]

See that's why I don't pick fights with Kat

 

[blackrain]

Granted this ain't the thread for Kat to be in...but nigga you did prove her point with your reaction lol. Somebody already said...owning a business is harder than most realize and its simply not for everyone to have that responsibility. Also the "want to" factor. For many the idea of owning your own business and being your own boss seems better than it is. You really are all in and are your own source of income so ain't no sick days or pto or vacation. You miss those days you missing money. You late for a meeting or appointment that's money lost. Most folks dont like a fluctuating income and even less can handle the mental stress of knowing you and you alone are to blame if you don't make money

I don't know if this is directed at me but..... here's the thing if you are late for a meeting as a worker you can be fired, employees don't like don't like fluctuating incomes but are cool with knowing that they can lose all income at the whim of their bosses. The boss meanwhile can take as many vacation days as his chosen work schedule allows. At the start there will be a lot of work and suffering but as time goes on it gets easier and easier and you become happier and happier

fear, lack of ideas, lack of skill, lack of capital and lack of drive or simple contentment are the reasons why people don't start their own shit.

No it wasn't directed at you. It was for the thread in general. And you're right as an employee you can be fired but for many being fired leaves someone to blame ie a boss, coworkers etc. Running your own business its all on you and if the IC has shown you anything it's that people are not that good at personal accountability and accepting it

 

[2stepz_ahead]

Granted this ain't the thread for Kat to be in...but nigga you did prove her point with your reaction lol. Somebody already said...owning a business is harder than most realize and its simply not for everyone to have that responsibility. Also the "want to" factor. For many the idea of owning your own business and being your own boss seems better than it is. You really are all in and are your own source of income so ain't no sick days or pto or vacation. You miss those days you missing money. You late for a meeting or appointment that's money lost. Most folks dont like a fluctuating income and even less can handle the mental stress of knowing you and you alone are to blame if you don't make money

I don't know if this is directed at me but..... here's the thing if you are late for a meeting as a worker you can be fired, employees don't like don't like fluctuating incomes but are cool with knowing that they can lose all income at the whim of their bosses. The boss meanwhile can take as many vacation days as his chosen work schedule allows. At the start there will be a lot of work and suffering but as time goes on it gets easier and easier and you become happier and happier

fear, lack of ideas, lack of skill, lack of capital and lack of drive or simple contentment are the reasons why people don't start their own shit.

No it wasn't directed at you. It was for the thread in general. And you're right as an employee you can be fired but for many being fired leaves someone to blame ie a boss, coworkers etc. Running your own business its all on you and if the IC has shown you anything it's that people are not that good at personal accountability and accepting it

true...dont know why i keep trying....

but fukk it

 

[konceptjones]

Working for someone else may be lucrative for YOU but you won't be able to pass that onto your grandkids because unless you are royalty they won't inherit your job.

Who said you need to pass mass wealth to your grandkids? That's how we get these self absorbed, out of touch, old money pricks like the Trumps walking around. Give your kids the tools they need to make a life for themself and then let them go make their own way in life. See how there are different views on how life is to be lived? Does that make me or you wrong? No, just different. Both are needed for either to succeed.

kinda like showing ya pussy on the net?

What does that have anything to do with my post? Holla at me when you're out your feelings.

Along with passing on wealth you are supposed to pass on morals and principles so that they don't become totally self absorbed.

Your perspective is totally feminine and PASSIVE. Men like to set a path for their families we like to lead WE have plans and goals for our sons. Letting YOUR CHILDREN just go their own way is fucking foolish and is the same as letting them go astray. If they decide to rebel then they rebel but your responsibility is to leave something substantial for them.

They can make the best lives for themselves with the tools you leave them if you leave them inferior tools they will make an inferior life.

Again you can achieve this without owning your own business

It really boils down to what you do for a living and your planning that determines what you can pass on to your kids. I mean, if I were on a long-term contract getting $75/hr and I lived off of 40% of that and stuck the remaining 60% somewhere pre-taxed, within 5 years I have a sizable chunk of change. I could buy real estate and invest the money in stable stocks or mutual funds, etc. If I kept that up until I retire at about 70 years old I'd have quite a bit to pass on to my kids once I'm gone.

Think of the cats out there that make even more than that. I know a cat in Tha D that does corporate sales for Honeywell and sees $400K-$500K a year and has been in it since the mid-90's. Think there's nothing for his kids or grandkids? There are plenty of people making 6 figures that punch a clock, so to speak, that can sit on millions by the time they retire. It's all about how you go about investing your money for the future. My great grandfather worked for GM in the plants for most of his life. He invested his money all over the place with the intent of passing it down to all of us when he passed. The only thing that stopped it was nearly all of it had to be liquidated to cover his healthcare when he got into his 90's. Had he not gotten so sick and just died from old age, his accumulated wealth would have passed down all the way to me and my siblings and cousins; his great grandchildren.

BOTH YOU AND HER ARE NOT PAYING ATTENTION. I HAVE BEEN TALKING ABOUT PASSING DOWN WEALTH Not MONEY OR EVEN unsubstantial non voting STOCK. You can pass down money or even stock but those things are the results of wealth not really wealth itself.

A lot of people don't seem to understand the distinction between money and wealth, the cash your granddad could have left you ONCE it's spent or potentially poorly invested that's the end of it. even if you don't spend it the value of money may drop. However a business or intellectual properties or in some cases land are things that generate value from generation to generation in a way that is self perpetuating.

the "process" is the wealth not what it actually creates. Now you can use money to gain wealth but money itself is not really wealth it's just a tool

I actually said I could buy real estate.

Both of my grandmothers were cooks. My mother's mother left my mom, aunt, and uncle land in Texas. That land has oil on it and they're negotiating the contracts with one of those oil companies out there for drilling.

My grandmother on my father's side has land on the reservation. I'll have to ask her, but IIRC she's leasing it out for farming but the area is rich in copper and it may ultimately be used to mine for it.

My wife's mother inherited land from her mother as well. Can't remember what's going on with it but she gets money from it periodically.

My great grandfather had invested in real estate and land off of his GM plant paycheck. Again, that would have been passed down us had it not been sold off to pay for his medical expenses.

There's thousands of acres of land that can be bought out in AZ for dirt cheap. I've been eyeballing shit near the reservation for a looong time. When my money gets right I'm buying it. I saw 40 acres near Dateland, AZ going for $10K. Buy several plots like that over time and pass it down; you never know who's gonna come knocking at your door down the line looking to buy it or lease it from you.

You don't need a business of your own to buy land.

You said you would invest in real estate with the money that would have been handed down to you from your granddad...... saying that is not the same as saying you would buy land, there is a distinction there that you did not make clear. Like i already said " a business or intellectual properties or in some cases land are things that generate value from generation to generation in a way that is self perpetuating."

^^^^ those are examples of things that generate wealth and by the way put an asterisk next to buying land if your plan is just to go out and buy plots of land you are going to regret it.

I never said that at all.

 

[sunlord]

Working for someone else may be lucrative for YOU but you won't be able to pass that onto your grandkids because unless you are royalty they won't inherit your job.

Who said you need to pass mass wealth to your grandkids? That's how we get these self absorbed, out of touch, old money pricks like the Trumps walking around. Give your kids the tools they need to make a life for themself and then let them go make their own way in life. See how there are different views on how life is to be lived? Does that make me or you wrong? No, just different. Both are needed for either to succeed.

kinda like showing ya pussy on the net?

What does that have anything to do with my post? Holla at me when you're out your feelings.

Along with passing on wealth you are supposed to pass on morals and principles so that they don't become totally self absorbed.

Your perspective is totally feminine and PASSIVE. Men like to set a path for their families we like to lead WE have plans and goals for our sons. Letting YOUR CHILDREN just go their own way is fucking foolish and is the same as letting them go astray. If they decide to rebel then they rebel but your responsibility is to leave something substantial for them.

They can make the best lives for themselves with the tools you leave them if you leave them inferior tools they will make an inferior life.

Again you can achieve this without owning your own business

It really boils down to what you do for a living and your planning that determines what you can pass on to your kids. I mean, if I were on a long-term contract getting $75/hr and I lived off of 40% of that and stuck the remaining 60% somewhere pre-taxed, within 5 years I have a sizable chunk of change. I could buy real estate and invest the money in stable stocks or mutual funds, etc. If I kept that up until I retire at about 70 years old I'd have quite a bit to pass on to my kids once I'm gone.

Think of the cats out there that make even more than that. I know a cat in Tha D that does corporate sales for Honeywell and sees $400K-$500K a year and has been in it since the mid-90's. Think there's nothing for his kids or grandkids? There are plenty of people making 6 figures that punch a clock, so to speak, that can sit on millions by the time they retire. It's all about how you go about investing your money for the future. My great grandfather worked for GM in the plants for most of his life. He invested his money all over the place with the intent of passing it down to all of us when he passed. The only thing that stopped it was nearly all of it had to be liquidated to cover his healthcare when he got into his 90's. Had he not gotten so sick and just died from old age, his accumulated wealth would have passed down all the way to me and my siblings and cousins; his great grandchildren.

BOTH YOU AND HER ARE NOT PAYING ATTENTION. I HAVE BEEN TALKING ABOUT PASSING DOWN WEALTH Not MONEY OR EVEN unsubstantial non voting STOCK. You can pass down money or even stock but those things are the results of wealth not really wealth itself.

A lot of people don't seem to understand the distinction between money and wealth, the cash your granddad could have left you ONCE it's spent or potentially poorly invested that's the end of it. even if you don't spend it the value of money may drop. However a business or intellectual properties or in some cases land are things that generate value from generation to generation in a way that is self perpetuating.

the "process" is the wealth not what it actually creates. Now you can use money to gain wealth but money itself is not really wealth it's just a tool

I actually said I could buy real estate.

Both of my grandmothers were cooks. My mother's mother left my mom, aunt, and uncle land in Texas. That land has oil on it and they're negotiating the contracts with one of those oil companies out there for drilling.

My grandmother on my father's side has land on the reservation. I'll have to ask her, but IIRC she's leasing it out for farming but the area is rich in copper and it may ultimately be used to mine for it.

My wife's mother inherited land from her mother as well. Can't remember what's going on with it but she gets money from it periodically.

My great grandfather had invested in real estate and land off of his GM plant paycheck. Again, that would have been passed down us had it not been sold off to pay for his medical expenses.

There's thousands of acres of land that can be bought out in AZ for dirt cheap. I've been eyeballing shit near the reservation for a looong time. When my money gets right I'm buying it. I saw 40 acres near Dateland, AZ going for $10K. Buy several plots like that over time and pass it down; you never know who's gonna come knocking at your door down the line looking to buy it or lease it from you.

You don't need a business of your own to buy land.

You said you would invest in real estate with the money that would have been handed down to you from your granddad...... saying that is not the same as saying you would buy land, there is a distinction there that you did not make clear. Like i already said " a business or intellectual properties or in some cases land are things that generate value from generation to generation in a way that is self perpetuating."

^^^^ those are examples of things that generate wealth and by the way put an asterisk next to buying land if your plan is just to go out and buy plots of land you are going to regret it.

I never said that at all.

YOU are right i mixed up your post ....... but you did say you would invest in real estate and stock in which case my response to you still stands because you did not qualify what you meant by investing in real estate

and simply investing in real estate and buying stock is not necessarily creating wealth..... you would have to explain all

 

[The Lonious Monk]

Not everybody is suited for owning a business and not every skillset is best utilized by being self employed.

This is true which is part of the reason why not every one can be wealthy

Well I'd say the bigger reason is because there isn't enough money to go around for everyone to be a multi-millionaire. lol But you're right, some people will always float to the top.

 

[numbaz...80's baby]

Delete

 

[2stepz_ahead]

Not everybody is suited for owning a business and not every skillset is best utilized by being self employed.

This is true which is part of the reason why not every one can be wealthy

Well I'd say the bigger reason is because there isn't enough money to go around for everyone to be a multi-millionaire. lol But you're right, some people will always float to the top.

just because its not enough for everyone to become a multi millionaire doesnt mean you cant try to be apart of the few that are.

 

[2stepz_ahead]

Delete

man you should left your post up.

 

[The Lonious Monk]

Not everybody is suited for owning a business and not every skillset is best utilized by being self employed.

This is true which is part of the reason why not every one can be wealthy

Well I'd say the bigger reason is because there isn't enough money to go around for everyone to be a multi-millionaire. lol But you're right, some people will always float to the top.

just because its not enough for everyone to become a multi millionaire doesnt mean you cant try to be apart of the few that are.

lol That wasn't the point of my comment. He was giving a reason for why everyone can't be wealthy. I was pointing out that it is literally impossible for everyone to be wealthy.

 

[2stepz_ahead]

Not everybody is suited for owning a business and not every skillset is best utilized by being self employed.

This is true which is part of the reason why not every one can be wealthy

Well I'd say the bigger reason is because there isn't enough money to go around for everyone to be a multi-millionaire. lol But you're right, some people will always float to the top.

just because its not enough for everyone to become a multi millionaire doesnt mean you cant try to be apart of the few that are.

lol That wasn't the point of my comment. He was giving a reason for why everyone can't be wealthy. I was pointing out that it is literally impossible for everyone to be wealthy.

and i was pointing out that not enough people try.

not saying anything against your statement

 

[The Lonious Monk]

Not everybody is suited for owning a business and not every skillset is best utilized by being self employed.

This is true which is part of the reason why not every one can be wealthy

Well I'd say the bigger reason is because there isn't enough money to go around for everyone to be a multi-millionaire. lol But you're right, some people will always float to the top.

just because its not enough for everyone to become a multi millionaire doesnt mean you cant try to be apart of the few that are.

lol That wasn't the point of my comment. He was giving a reason for why everyone can't be wealthy. I was pointing out that it is literally impossible for everyone to be wealthy.

and i was pointing out that not enough people try.

not saying anything against your statement

Well, not everybody wants to be wealthy. Well...let me clarify that. Not everyone wants to put in the work it takes to be wealthy. If they win the lottery or stumble on to being rich then fine, but that's not the usual route to riches. Most people have a balance of how much wealth they want to have and how much time they want to invest in it. There isn't anything wrong with that. The problem is that in this country. It's not really fair. The more money you have, the easier it is for you to make money. So if you're a person that's content with being middle class, doing middle class work may not be enough to keep you there because the rich are making moves outside of your control that may push you down.

Case in point, this whole tax reform bill. Basically, rich people have bought politicians and are essentially forcing them to give huge tax cuts to the rich. To try and reduce the deficit that will cause, those politicians are also taking measures that will basically raise taxes on a lot of poor and middle class people.

 

[2stepz_ahead]

Not everybody is suited for owning a business and not every skillset is best utilized by being self employed.

This is true which is part of the reason why not every one can be wealthy

Well I'd say the bigger reason is because there isn't enough money to go around for everyone to be a multi-millionaire. lol But you're right, some people will always float to the top.

just because its not enough for everyone to become a multi millionaire doesnt mean you cant try to be apart of the few that are.

lol That wasn't the point of my comment. He was giving a reason for why everyone can't be wealthy. I was pointing out that it is literally impossible for everyone to be wealthy.

and i was pointing out that not enough people try.

not saying anything against your statement

Well, not everybody wants to be wealthy. Well...let me clarify that. Not everyone wants to put in the work it takes to be wealthy. If they win the lottery or stumble on to being rich then fine, but that's not the usual route to riches. Most people have a balance of how much wealth they want to have and how much time they want to invest in it. There isn't anything wrong with that. The problem is that in this country. It's not really fair. The more money you have, the easier it is for you to make money. So if you're a person that's content with being middle class, doing middle class work may not be enough to keep you there because the rich are making moves outside of your control that may push you down.

Case in point, this whole tax reform bill. Basically, rich people have bought politicians and are essentially forcing them to give huge tax cuts to the rich. To try and reduce the deficit that will cause, those politicians are also taking measures that will basically raise taxes on a lot of poor and middle class people.

not really caring about white folk...

i want my people to want more than whats given to them.

seeing all these people getting shit loads of dollars all over the world...then i go back to the hood and see niggas dont even want to try ...shit frustrates the shit outta me. but in the same breath niggas want to claim im uppity and just because i made it i look down on niggas.

so while i hear you point...read this thread.

niggas are ok with limits.

they are ok with well i cant do because,

then who is left for niggas like me to deal with?

very few of my own but most outside of my own.

real shit. im too much of a nigga to be in welcomed in the upper echelons but not enough of a nigga to be welcomed into alot of my own.

someone tell me what limbo is.....

 

[The Lonious Monk]

Ehhh, sounds like you trying to hang around the wrong niggas. There are plenty of black people out there doing well for themselves and living elevated lives. If you don't have to be in the hood, why are you trying so hard to ingratiate yourself in the hood?

 

[caddo man]

So the only reason I haven't is because I can not find enough to justify it to my wife. I really just want the tax breaks. Given that a repub is in charge. Military and business gets the bulk of the benefits.

 

[2stepz_ahead]

Ehhh, sounds like you trying to hang around the wrong niggas. There are plenty of black people out there doing well for themselves and living elevated lives. If you don't have to be in the hood, why are you trying so hard to ingratiate yourself in the hood?

nigga im from the hood.....

those are the people that need the help.

i go back to help where i came from.

those that made it have a certain air about them i dont like....

im not above where i was brought up. but its a certain element that dont want niggas coming back to help others.

so there is the break in the chain....niggas dont want to go back and niggas dont want niggas back.

im a bit offended that you would assume i am trying to integrate into something i came from.

kids need to see there is more to life than the local doe boy or rapper or nigga who can play basketball.

im not sure sure where you are from....but all it took was a nigga to stop thru an help out. most niggas that came thru with money didnt give a fukk.b they liked to show us what we didnt have and how much better they was.

and where does that leave people?

 

[a.mann]

Not just the U.S. but no where in the world is the system set where everyone can just start their on business and live on Easy Street.

 

[The Lonious Monk]

Ehhh, sounds like you trying to hang around the wrong niggas. There are plenty of black people out there doing well for themselves and living elevated lives. If you don't have to be in the hood, why are you trying so hard to ingratiate yourself in the hood?

nigga im from the hood.....

those are the people that need the help.

i go back to help where i came from.

those that made it have a certain air about them i dont like....

im not above where i was brought up. but its a certain element that dont want niggas coming back to help others.

so there is the break in the chain....niggas dont want to go back and niggas dont want niggas back.

im a bit offended that you would assume i am trying to integrate into something i came from.

kids need to see there is more to life than the local doe boy or rapper or nigga who can play basketball.

im not sure sure where you are from....but all it took was a nigga to stop thru an help out. most niggas that came thru with money didnt give a fukk.b they liked to show us what we didnt have and how much better they was.

and where does that leave people?

Going back to help and trying to be friends with people are two different things. You can do the former without doing the latter. And I'm not accusing you of trying to integrate into anything. Based on your previous comment, it seemed like you're sad because you go to the hood and dudes don't respect you because you have drive and initiative. My point is that you shouldn't be trying to be buddies with dudes like that. Find someone like you. When I said there are blacks living elevated lives, who did you think I was talking about? Most of those people came from modest backgrounds too. There aren't a lot of black people who have been on top for generations.

 

[2stepz_ahead]

Ehhh, sounds like you trying to hang around the wrong niggas. There are plenty of black people out there doing well for themselves and living elevated lives. If you don't have to be in the hood, why are you trying so hard to ingratiate yourself in the hood?

nigga im from the hood.....

those are the people that need the help.

i go back to help where i came from.

those that made it have a certain air about them i dont like....

im not above where i was brought up. but its a certain element that dont want niggas coming back to help others.

so there is the break in the chain....niggas dont want to go back and niggas dont want niggas back.

im a bit offended that you would assume i am trying to integrate into something i came from.

kids need to see there is more to life than the local doe boy or rapper or nigga who can play basketball.

im not sure sure where you are from....but all it took was a nigga to stop thru an help out. most niggas that came thru with money didnt give a fukk.b they liked to show us what we didnt have and how much better they was.

and where does that leave people?

Going back to help and trying to be friends with people are two different things. You can do the former without doing the latter. And I'm not accusing you of trying to integrate into anything. Based on your previous comment, it seemed like you're sad because you go to the hood and dudes don't respect you because you have drive and initiative. My point is that you shouldn't be trying to be buddies with dudes like that. Find someone like you. When I said there are blacks living elevated lives, who did you think I was talking about? Most of those people came from modest backgrounds too. There aren't a lot of black people who have been on top for generations.

i dont need freinds. im cool solo.

what i am saying is its the women who appreciate the help i bring back to help their kids. the niggas be on hating shit.

let me try to put this another way.

alot of dudes dont want someone coming in to rock their boat. if someone shows more interest in your kid than you...its a bad look for you, correct? niggas dont want that. outside of the big brothers and other organizations i stand by...most niggas are a problem.

and its crazy you say that...because its alot more black people that could care less about the hood than you think once they make it out.

how are black people ever gonna get anywhere?

if you have 10 that make it out but only 2 want to go back..you got 2 that is cool with where they are...5 want to be accepted by the white people a 1 nigga that loses his mind.

this aint about buddies. its about relating.

this is about a need. why would i want my people to suffer? why would i want a lil kid that may think like me to get lost in the shuffle?

most people dont believe me until i take them with me...then they see it.

its refreshing to get some many thanks yous from the women....and the few dudes....but its the men that need to lead our community.

 

[2stepz_ahead]

Not just the U.S. but no where in the world is the system set where everyone can just start their on business and live on Easy Street.

hard work bruh......

everyone that plays good bball wont make the college team or nba...does that mean you dont try?