How much do you pay yourself hourly (or how many hours you work/what's your salary)? After you pay yourself how much profit does the business make?
88captain88
Like a CPA? The problem is accounting is generally $150-200 hour rates so good steady income and good career but not great to establish a ton of wealth. Accounting firm maybe but it requires hiring people with degrees and careers which means heavy labor costs and thin margins.
Accounting isn't like other skilled labor like Attorneys and doctors where they can hire interns and assistants to do most of the work, Accounting typically has all the work handed to them by the business and they just need to review and rubber stamp it
too saturated and too easy to find people in 3rd world countries that can do the work and think $1k/mo is a TON of money
Hell no. First thing is to learn the business. Keep it working as is and deep dive into every aspect. Once you learned how it works you can find ways to make it better.
If you're buying a business to completely change it then what did you buy? That's like buying a house then tearing it down and completely rebuilding it. Difference is in business the land is free
I felt the same way and still kinda in the burnout funk. I learned that there isn't anything that compares to just taking a vacation and getting away from everything and do whatever you can to relax. You really should find a way to take a week off and force yourself to not even think about work. Go to a hotel or somewhere new and quiet and just binge watch some show or something.
I've learned to set a strict schedule and being able to take control over parts of your day helps. In the office by 8am every day, put out any fires and catch up on news or whatever to warm up to work then at 9am be in total grind mode. Force yourself not to do anything else other than x task and don't touch your phone or anything until you finished the tasks. Then breaks and have a 2nd grind mode after lunch.
Using WIP boards and dividing big projects into small tasks helps you feel accomplished and shows yourself you're productive.
The silicon valley show has the perfect example of how a scrum board helps feed productivity https://youtu.be/oyVksFviJVE?si=T2nHYxSXWpxbiwTC
Competitive advantage not unfair. There's no such thing as fair in competition, as long as you're ethical.
I believe there's a stat that 80% of businesses are started by people leaving their job and doing the same thing themselves. Construction, auto sales type businesses come to mind. They learn how the industry works then just build it themselves.
I always look for businesses that give me a competitive advantage. Usually something that I have another business in a similar industry and the businesses can use eachother and both save money.
Typically when you buy a product with a perpetual license it doesn't include support, maintenance or upgrades. Think of Microsoft and no one runs windows 3.1 or even XP because their newer products are worth the upgrade. Typically they'll provide security patch updates but not new versions.
Other things like Plex lifetime deals are there because they either want the money on their books for investments or owners want to cash out. It also works kinda like a reverse ponzi scheme where they're relying on new sales to provide support for the existing sales.
It's your companies tool. If you used any of their company time, resources (wifi or computer), or even used it for work purposes it's their property.
Just because you did it or most of it on your own time doesn't matter as it can easily be considered unpaid overtime or just work initiative.
I do this. Buy huge houses and like to remodel them then rent them on airbnb. Our biggest issue is we get rentals every weekend so have to block out weekends for us to actually use. We learned to double the price ($600-700/night to 1200-1400/night) on weekends we want to use and if they book we just use it to vacation somewhere else.
Bought the properties as long term investment and figured we'd list to be able to write off all expenses to help offset costs but now it's a profit center so use the extra cash to upgrade and plan on buying more.
Microsoft has a government cloud and you can get g1/g3/g5 licenses. If its secure enough for the US government for top secret clearances then not much to worry about.
I have the opposite tone and come off too strong infront of clients and such. I've learned to choose my words wiser
So many words so little info.
Apply now sounds sleezy. Apply to let me hire you? Also the link doesn't work.
I'm curious on why you need a full on website if you're looking for a job? I'm about to fire one of my FT VA's and hire a new one but wouldn't even consider you as it looks like you're more interested in finding a bunch of jobs and wouldn't be dedicated to mine.
IT should be like a resume, I don't even see references or work history on it. It sounds like you have dozens of clients already and looking for more.