Quote: (05-29-2011 03:13 PM)Athlone McGinnis Wrote:
Quote: (05-29-2011 11:35 AM)txbeachbum Wrote:
You have to work full time 40+ hours, they are watching alot more closely than that with district managers and other systems. Also can't remember how long but you also will have to work at a location (not your own) 3,6 or more months unpaid sort of as a training/test to see if you want to do it, and if they want to grant you a franchise.
Well that sucks.
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Also second thing with putting 10-15 years into a job is you dont have shit to pass on to future generations.
Yes you do.
As I mentioned earlier, stints in the corporate world can lead to easier transition to independence later on in life. The contacts and experience you get may make it easier to start your own firm/practice/small business later on. Those are things that you in turn can pass on to your kids.
The connections you make in the corporate world as an employee can also count. I see it here on my campus all the time-kids benefit from the status and the connections of their dad's cushy, high status job(finance, medicine, professor, law firm, etc) all the time, either through preference with internships or with connections he made there (never mind the benefits he got when he left).
Sure, it'd be better if you just went right out and started your own extremely successful business right off the bat instead of spending several years working for someone else. But, realistically, how many of you are going to be Bill Gates? How many of you are just going to jump out there with no experience and build a Fortune 500 company from scratch?
The majority of these people doing their own thing and succeeding at it (solo lawyers, solo medical practitioners, smaller solo financial firms and/or businesses, etc) started working for someone else. Then they took those contacts and the money they made to build their own thing and establish their own reputation.
They can then pass these contacts, that money and their new independent practices/investments on to their kids.
The examples of this just within the Forbes 400 are endless(Warren Buffet, Steve Jobs, Larry Ellison, etc, etc).
This path is not as hopeless as you think. You can make it work for you if you have the right mindset. I'll agree that most American corporate drones don't have that, but if you do there are rewards.
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A 9-5 is overrated
I'll agree, but I think you're also underrating it here.
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It's amazing that in a country built on freedom all most people want is some security and willing to give up freedom to get a little bit of security.
I know. What a horrible thing-people who value stability and security! *gasp*
What you don't seem to understand is that people of both inclinations are necessary to sustain a stable society. One path is not inherently superior in merit to the other.
Not everyone is a great risk taker, nor does everyone have to be in order to succeed.
The biggest risk, is not taking one.
Contacts....fcuk some damn contacts.
I would much rather have my father pass on a million dollar or potential million dollar/billion dollar business then a damn Rolodex of contacts.
It seems some people are just naturally inclined to wait on others to give them what they want.
Wait to finish school, wait 10-15 year to get a 250k job, wait on a franchise, wait for introduction to contacts.
I understand completely that society needs drones and people who value security, etc.
We all cant be entrepreneurs (or can we?) we also need people to pick up garbage, pick fruit etc. Doesn't mean I have to be one of them, I am glad there are people out there who are willing to do it, but I am not one of them.
But I don't think those are the type of people that are here reading about gaming women & traveling the world and living life.
So my advice was geared to the people who do not want to be drones, and wait around for all the lights to turn green in life (they never will) waiting on permission to start living.
How many people counted on saving X amount of dollars in 401k with a 8% return for 40 years and having $1,000,000 in retirement?
See that is based on assumptions, didn't take into account, accounting fraud, government bailouts and 40-50% drop in market value.
How about the people that claimed "real estate always goes up" and got a huge mortgage betting on the house being $200,000 more when the retire and cashing out and retiring. We know how that story ended.
"There are people who make things happen, there are people who watch things happen, and there are people who wonder what happened."
To be successful in ANYTHING, you need to be a person who makes things happen..
Want to sleep with alot of women.... you going to need to take a risk and approach alot.
Want a successful business... you going to fail with 2-3 businesses before you find the right one.
So on and so on.
But to each is own. I'm finished.