How did you make your money /b

Dang, nice.
I worked as in insurance agency first point of contact fresh out of school.

I walked away with the solid impression that the insurance company is in the business of not insuring you. hahaha

Half a page of what is covered.
2 pages of what is not covered.

>start own company doing what they do
The problem with that is that you'll have to find a company in a market with enough room for you to steal enough market share for this original company to see you as enough of a threat to buy you out...

Otherwise, it's gonna go exactly like this:
>Working at a company
>think you got it figured out
>get a shop and hang a shingle
>no customers cuz everyone's already buddy-buddy with original company or their already established competitors
>go broke
>sell assets under Chapter 7, original company and their direct established competitors buy you out for pennies on the dollar.
>you're left with gray hair, a stomach ulcer, and the clothes on your back, and you can't get rehired at these places cuz they know who you are and didn't like you trying to compete with them...

In other words, you have to have the perfect market, or you're going tits-up in a hurry... Further, to establish a brand new business in an already well established industry, you need to be able to differentiate yourself from your established competition, and be able to do it better, faster, stronger, than them at less cost... IF you think you have that down, go ahead and throw your lot in... But just because you saw how UPS runs the box hub doesn't mean you can just pop up a competing parcel service, let alone one that will annoy them enough to throw lots of money at you...

>pic unrelated

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>buy you out for pennies on the dollar.
Sorry, I meant
>buy up your shit for pennies on the dollar.

This is understood.
Which is why i enquired about the industry.

In some you can take your clientele with you, or have made a name for yourself enough for people to follow you.

But what you said can be applied to any new business. It's a jungle out there bruh

I was a mechanic for 3 years making 40k and it felt like straight up shit as soon money. I changed careers and started doing sewer rehabilitation and now I make about 105k a year. If anyone is looking for good money and isn't afraid to get a little dirty or work hard then sewer lining is the way to go.

Shit ass money* I'm a huge typo fag I guess but at least I'm not a poorfag

learn-c.org

probably "fantasy"

Actually let me elaborate.
I was a professional fighter but I gave it up because of issues developing with my vision.
So i got (back - was a hobbie as a kid) into programing computer science.

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h8er be gone.

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Dang, high pay for high a number of high risks.
Not to mention to actual river of poop.

Ever found any crazy stuff down there?

For me, it was all about sticking with my career, learning to invest and trying to cut my expenses.

Computer science is a fucking sage industry to get into moving forward into this technological future.

Just knowing the basics puts you ahead of a majority of people on the planet.

But you diversified your income right?
job + investments

Any big wins in the market? or was it subsidiary to your career income?

You actually very rarely have to get in the manholes doing my kind of work. We also generally work with 8 to 24 inch mains, none of which we actually crawl through. So no, no crazy stuff. I mostly spend my days behind a computer screen in a van doing video work.

Yes, I have several streams of income. (Most of my investments are real estate related, so cashflow is decent, enough to pay most of my bills)

The big win was when the company I worked with made it big and we got something like a 15x uptick in our stock price. And I also invested heavily in rental homes during the downturn, which I got a very good return on.

Not quite retired yet, but if the real estate gods keep smiling upon me, I'll wash up on "them golden shores" in the next few years.

i organize gangbang bukkake and orgies for a living. i work on average less than 100 days a year. I could be richer if i wanted to but i'm lazy.

i earn about as much as i would if i was an employee with an engineer degree and no motivation for getting any kind of promotion like i used to be before switching to my new job.

i've been doing this since september 2012. I organized about 550 parties

I only said every, I am not the OP of that story

Drive truck, make bucks, buy truck, make bigger bucks. Me stupid, me paid though.

Brick & mortar investments scare me due to the volatility in the market. (in aus)

I know a few people who have a portfolio where most of there investments have depreciated. They are house rich but have little liquid capital. Then again i am know fuck all about that game.

That 15x uptick sounds delightful though, can't complain about that! haha

Lead machine operator.

>Pic related

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That's some high level pimp shit. haha
How did you build your clientele?

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My advice? Become a server guy. For small enterprise.

People will be doing more and more work at home and it's good way to learn a trade while you learn other trades.

Logistics.
My father is in that game.

Hauls heavy plant machinery across the country for mining companies. Fucker is rolling in it and said i wont see a dime until he dies and assuming his 3rd wife hasn't spirited it away..

As in computer server maintenance?
Does that fall under computer science?

Management/foreman roles in Warehousing make some bank. I know a guy that did it for the army and walked out into a 100k+ role for company.

>Wage slaved with 2 full time food service jobs for a few years
>Ate ramen noodles
>Bought a house
>Opened a business with a partner

Doing the very definition of OKAY currently, owning a house is more expensive than expected, so I took on a roommate. Business is staying afloat but it's not growing as Ide hoped.

Probably getting a regular job soon to bring in some extra cash.

I waste all my spare time anyway.

it's not pimping. the girl aren't paid. they aren't prostitutes.

They are swinger and libertines who have theses fantasies.

I've been a customer of a gangbang organizer from 2009 to 2012. In the begining he struggled, and i helped him a lot, doing a big part of his work in exchange of attending for free so he could focus on doing the marketing work ( finding girl and guys) . After 3 years i had built a good network of both guys and girls and decided during an unemployment period that i should give a try at organizing myself without him.

During summer of 2012 i held a couple of events to see if i liked it being the only organizer, and then in september i started my business.

As in creating and maintaining server for a single buisness.
It doesn't really, but it allows you to see the inside (as in brain) of a computer and it affords you free time to build and program things and learn assembly things like that.

Do you have a lot of people or do a few generates just pay very well?

Yea, well, it worked for me. And I didn't sell to my former employer (they didn't give a shit), I sold to a company looking to enter that niche.
>be me, retired now with millions while you slave away for employer and say it can't be done
>employer gets $8 million contract to create certain type of software
>3 of us programmers work 1 year
>hey, one programmer could do this kind of product in 2 or 3 years
>find out where sales guys are finding the customers (trade show)
>find out their sales process (slick powerpoint, custom proposal)
>steal their fancy slides and proposal format
>build prototype system at night for a year
>take vacation days to fly out and give presentation to potential new customer
>win contract, get down payment
>finish software full-time
>get wad of cash
>hire another engineer, sales guy
>another customer and another
>another engineer
>more wads of cash
>companies at trade show want to team up
>one going for big government contract
>say, why team up when you can just buy me

Yep, rental homes don't really work in the AUS housing market, from what little I know about it. Unless you've held for 20 years, you won't be able to get a home that actually pays you month-to-month, the prices are just way too high.

Same with Canada. My BIL has a couple of rentals up there and one time I told him to get a prop mgt. company so his time will be freed up. He said that that would eat up all his profits and then some. At that point I was just shaking my head. He's actually full-time in the industry and still bought a stinker like that.

i have some regulars, but no one "pay very well" because it's the same price for everyone ( and it's kinda cheap : it's 70€ for a gangbang 60€ for a bukkake and 90€ for an orgy in a country where the median wage is about 1800€

That's dope.
You get paid to cater/host for these people so they can have mad sex parties.

Software development is a good market to be in if you have the skill set. I see the opportunity there but lack the ability.

I was reading about a guy in my city that made some parental over-watch program for computers and sold it of for $$$$$

i'm envious hahaha

From my rudimentary understanding, pretty much if you weren't born in the 1960/70's in AUS and or have inherent wealth, good fucking luck owning a home.

Those old geezers/chinese foreign investors run the housing market over here.

sex parties are rarer. About 10 of them through the year. With like 100 to 150 people and 60% guys 40% girls ( most of the girls comes with their husband, some of them are into hotwifing and cuckoldery and don't fuck other girls, other are more into swinging and fuck other girls). We cast about 1 single guy for 2 couples.

Most of the events are either bukkake or gangbang which are quite shorter in time, so it's not a "mad sex parties" usually it's quite straightforward, i gather the guy, i bring the girl , they fuck her ( or she suck them depending on the event) and they leave and there isn't a lot of "partying".

Most of the socialisation happen among guy without the girl because most of the time the girl/couple doesn't want to become friends with the guy and a big part of the excitation comes from the guy being unknown to them

Three books you need to read:
>"The Richest Man in Babylon" by Samuel Clason
>"Rich Dad Poor Dad" by Robert Kiyosaki
>"Set for Life" by Scott Trench

Read those three books and you will have everything you need to begin to start building long term wealth.

Rich Dad Poor Dad just sucked the dicks of pyramid schemes

Yep, in AUS, it's not worth it to buy a home. If you can rent a 700k home for 2k a month, why would you bother? Have the landlord subsidize you. Honestly, owning should only be done if you get a decent deal and it can be a pretty bad move in the wrong circumstances.

They work though. hahaha

Its an indisputable classic, pleb.

You don't need to know how to program to start a software company. Most of it is about having domain knowledge and knowledge about the sales process (which you get from your employer, hence simply doing what they do), plus knowledge about the suppliers in your niche because much of it is integrating existing software and/or hardware together (hence attending trade shows).

You can partner with a developer or contract out for the prototype/demo, then once you win the contract you can start hiring. Obviously it's easier if you can also code yourself, but it's doable with someone else.

Personally i would like to have the autonomy/status that comes with being a land/home owner.

having to bow to landlord, more specifically their rat pets (real estate agents) can be a fucking nightmare.

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>buy run down home for 500K
>fix up
>sell to rich chinks and gooks for 800K

I'm a tradesmen.
So let my plebeian brain interpret what you just said on my level.

A business man doesn't need to be a builder to start a building company. He just needs to know how to start one, get the building contracts and hire builders.

Flipping houses is a legit way to make money in Aus. Somewhat risky and the price of admission is high.

But if you can scrape together the capital to get that first purchase so you can start building equity to keep the ball rolling you can make a healthy chunk of $$

I sold large amounts of marijuana during the past 10 years.
I have bought my own house , two cars , opened a small business ,and have 300,000 in the bank.

Right. Isn't that the premise behind general contracting? You don't know how to build a house, but you know the local industry, know a good electrical company, good plumbers, window installation company, flooring company, carpentry company, architects. People could save money by handling everything themselves, but some people don't want to bother with all that and just want keys to a new house, and will pay extra for you to provide that. You handle all the appointments and supervising and paying the contractors in return for your markup profit at the end.

Do you live in a shithole country? In the USA and I'm pretty sure the other civilized countries, anybody constantly depositing cash would automatically trigger an investigation for money laundering.

LOL
playaaaaa

That's some serious jail time in my country.

My mate got busted with an ounce (personal use) and they were trying to charge him with trafficking like he was el chapo or something.

Anything under 10k isn't flagged.
Gambling at casinos is a good way to clean money.
Cash in a safe.
If you run your own business you can cook books, especially in construction.

not op, just spit balling ideas.

Flipping is ONLY as good as your ability to get under-market deals. You can get yourself into serious trouble if you overpay on a purchase.

You can also make money off people's desperation and ignorance of the current real estate market, without having to pay to fix things up. You advertise "we buy houses," they ask how much, you look up how much they owe on their mortgage (public info in the US) and offer $10K more since the value is almost certainly more. They think, mortgage gets paid off plus I make $10K. Then you put it on the market for its actual (much higher) value.

>Some what risky and the price of admission is high

Pro tip though.
I'm not sure if that is public info in Aus.
But i have definitely seen adds and signs just saying "we buy houses (phone number)

Frequent small cash deposits when you don't have a retail merchant account are absolutely flagged, as well as multiple sub-10K transactions because that's how people think they can avoid the automatic flagging.

That's why big drug busts almost always include large amounts of money, because they have no way of safely depositing it in a bank.

Also why if police catch you carrying large amounts of cash, they will seize it under the assumption you got it illegally (until you've shown otherwise).

Legit businesses that aren't big retailers just don't deal with lots of cash, especially anymore in the age of debit cards. It's checks, credit cards or bank transfers.

And gambling won't help, because the casino is still required to report transactions over a certain size, and requires your ID to cash out over a certain amount ($5K in my state).

And even if you reported your income as "gambling winnings" and paid taxes on it, the investigator will see your constant cash deposits without similar withdrawals and know something's up.

You don't even need the signs, you can just super-lowball houses listed for sale for the 1-in-100 chance the owners are desperate for anything. I listed my house for 290K and within days got an offer sight unseen for 205K which was 5K more than my mortgage but way below market value (it eventually sold for 280). The real estate agent was required to tell me about the offer and probably wouldn't have cared if I accepted it because it's easy commission for her. If I was desperate to get out of town or going to prison or something I might have accepted it.

if you have any good ideas, i'm a software engineer, we can find a way to make contact and make something, and split the pprofits

listen fellah, i am no El Chapo or Ben Aflleck from the Accountant.

Obviously the man is either lying, or made it work.

Will we ever know? Probably not.
Is it possible, yes.

it's a classic Schrodingers weed situation. hahahha

Rich dad poor Dad is an absolute meme. I’ve read almost every major business success book and am worth hundreds of thousands from saving and investing. Richest man in Babylon is fantastic.
Kyosaki is an absolute fake and his book sucks dick.

T. Larper. Markets like this are saturated with “we buy houses” signs and they almost never get calls. And current mortgage balances are actually not public unless there’s a foreclosure. Only the initial mortgage is recorded. You’d have to guess the current balance.

That's where you get your "get rich quick in real estate with no money" seminar attendees to do the searching for you. They put up the signs in their town and pass on any callers to you in return for a commission if you close. They do the work, costs you nothing, you keep 95% of the profits.

Hmmm now that sounds interesting. And I guess it’s not a scam because if they generate leads they will profit.

>become a business success by writing books on how to become a business success

I made that connection immediately after discovering the book!

It's good business if you think about it. hahahha

My mom died last year. Had the chance to inherit the liquor store she owned., but I sold my share instead. Havent looked back since

And if the market is saturated and they complain they're not getting any calls, blame it on them for not working hard enough. Put up twice the signs! Hand out business cards! Solicit people coming out of home improvement stores! Work work work (for me, for free, and if I make money I'll give you some).