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AnnieK401

(541 posts)
34. If you have a good job, no I would not quit it especially if you are nearing 50
Sat Dec 15, 2012, 11:07 AM
Dec 2012

and need health insurance. And you are correct that the vast majority of business ventures like this fail. That being said, employers seem to be increasingly willing to get rid of good people/employees for no good reason. They ask for more and more and give less and less in return. I won't go into the story of my life, but I did try very hard to start a small business when I turned 50. Note that I was in an impossible career situation, not like someone leaving a secure, well-paying career that they basically enjoy just because they are a little frustrated. After 4 yrs. and spending too much money on the business while making very little income from it, and being increasingly physically unable to do the necessary work, I ended up selling it for pennies on the dollar. Due to my physical limitations I was approved for disability right away, which I understand is unusual. Anyway, that and a modest amount left over from an inheritance are what I am surviving on right now. I am currently trying to figure out some way to earn a small extra income (within the disability guidelines and my physical abilities.) If if I am lucky enough to find a part-time, low paying desk job working for a sane, rational employer that has some humanity left I will consider myself extremely fortunate at this point. Note: I do live in a "right to work state" and always have, so that might part of the reason for my experience/comments.

blanket autoxchromeDURec's KG Dec 2012 #1
LOL...I second that. ;) n/t OneGrassRoot Dec 2012 #7
And it doesn't provide you with health care coverage. nt raccoon Dec 2012 #2
Yup, you better have a husband with a Real Job Freddie Dec 2012 #3
I've been saying that for years Patiod Dec 2012 #37
I take exception to this article. snappyturtle Dec 2012 #4
Very cool! OneGrassRoot Dec 2012 #8
Thank you. My business is pleasureable....I'm so lucky! nt snappyturtle Dec 2012 #10
I would say theKed Dec 2012 #40
Quick "hi" to Snappyturtle Le Taz Hot Dec 2012 #15
Oh, you're so kind. This lifestyle has been good to me. I've badly needed income a couple snappyturtle Dec 2012 #59
Forgive me, but I think that you're simultaneously missing and proving the point Orrex Dec 2012 #19
Excellent reply to present balance. Thank you. nt Ilsa Dec 2012 #35
You said this so nicely Blecht Dec 2012 #42
Well said. AnotherMcIntosh Dec 2012 #52
One has to work to find success in this business. One tip: never do a show with snappyturtle Dec 2012 #60
That's fine, but it doesn't change my point Orrex Dec 2012 #61
I know many anomalies. The experiences I describe are typical snappyturtle Dec 2012 #62
Now you're changing the goalposts Orrex Dec 2012 #64
Excuse me for wanting to encourage people with enough sense snappyturtle Dec 2012 #67
Again, bravo to you for your success. Orrex Dec 2012 #68
I'm tired of discussing this but I made my success. If skilled artisans don't bother snappyturtle Dec 2012 #69
Okay, but before you go Orrex Dec 2012 #70
What you're not acknowledging is the role of luck Silent3 Dec 2012 #71
Here here! zeemike Dec 2012 #21
yep - if you don't try it won't happen for sure. elehhhhna Dec 2012 #23
You are wise ... and steadied ... rtassi Dec 2012 #24
I can't help looking at the photo, thinking, eShirl Dec 2012 #5
Or offer two kinds, Quantess Dec 2012 #6
No. It gives it that homemade authentic look. sammytko Dec 2012 #9
and no repeat business from me eShirl Dec 2012 #12
By definition, Le Taz Hot Dec 2012 #14
yes^^^^ jelly, jam and preserves are 3 different things. magical thyme Dec 2012 #31
It's also a terrible waste of produce. Le Taz Hot Dec 2012 #39
I bet Seeds make it healthier due to roughage. nt Ilsa Dec 2012 #36
I just don't like getting them stuck in my teeth. eShirl Dec 2012 #47
Yeah, I have to pick them out of my teeth as well. Ilsa Dec 2012 #50
Why would anyone buy raspberry jam without seeds? AnotherMcIntosh Dec 2012 #53
Owning your business means never having a day off. In_The_Wind Dec 2012 #11
yep, it becomes your life .. rtassi Dec 2012 #26
I love it! In_The_Wind Dec 2012 #32
As a friend said (advising me on my startup): Recursion Dec 2012 #27
Your friend is right. In_The_Wind Dec 2012 #30
Absolutely true. Patiod Dec 2012 #44
Love ya, Xcrome Le Taz Hot Dec 2012 #13
honestly -- i just think of it as something to consider. xchrom Dec 2012 #17
Why not push corporations towards more loyalty and respect for those they employ? MADem Dec 2012 #46
Good advice that heard one day in about 1989 maindawg Dec 2012 #16
"Common"?? My grandparents (I'm 63) never "ran" any kind of "service/farm/industry." WinkyDink Dec 2012 #29
My great grandmother cleaned the homes of others to make ends meet. MADem Dec 2012 #48
my uncle ran a little sawmill on his days off from working in a sawmill. plus the farm chores, HiPointDem Dec 2012 #65
Back in the "good old days" people were lucky if they had Sunday off, and they worked an 80 hour MADem Dec 2012 #38
Yes, go into it with your eyes open! sammytko Dec 2012 #43
I always ask myself, when I get that Handyman Urge, "How much is your time worth?" MADem Dec 2012 #45
The push for "entrepreneurialism" is the great scam of the 2000's alcibiades_mystery Dec 2012 #18
I don't know. The craigslist/etsy thing has its good sides Recursion Dec 2012 #28
the republicans ran on that concept as early as the 94 election datasuspect Dec 2012 #66
Running a business is tough. Starry Messenger Dec 2012 #20
I believe that. I've read that most new businesses fail - businesses of any size. nt Honeycombe8 Dec 2012 #22
K & R Cal Carpenter Dec 2012 #25
Vermont is a haven for these mini-enterprises, good to see someone flamingdem Dec 2012 #33
Vermont will be even more of a haven for small business Freddie Dec 2012 #49
If you have a good job, no I would not quit it especially if you are nearing 50 AnnieK401 Dec 2012 #34
This article blows whatchamacallit Dec 2012 #41
This is what a Marxist would call a "bourgeois affectation". Odin2005 Dec 2012 #51
As an accountant, I have seen at least 100 small business people strike out on their WCGreen Dec 2012 #54
Wow, that is a disheartening report. Arugula Latte Dec 2012 #57
a lot of people start out under-financed. WCGreen Dec 2012 #58
WA. State recently passed a law allowing people to produce edible products from their home. EmeraldCityGrl Dec 2012 #55
my wife and i owned our business for close to ten years madrchsod Dec 2012 #56
kr. and i'll add to that: a lot of the stories hyped in the msm about this kind of thing are the HiPointDem Dec 2012 #63
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