[VTP99]

It's not what you make, it's what you keep.

 

[Macklleven]

No he doesn't. It's what I said about knowing the difference between revenue and profit. Revenue is what you take in before expenses and profit is what you keep after expenses.

Yes I know what revenue is, I never said what the owner of Brunos heat and air takes home is revenue. I was just curious because he has a big ass house with like 3 high dollar cars.

 

[Sooty]

Yes I know what revenue is, I never said what the owner of Brunos heat and air takes home is revenue. I was just curious because he has a big ass house with like 3 high dollar cars.

It doesn't happen for everyone and having high dollar things doesn't mean having lots of money sometimes it means having high lease payments and maxed out credit. Anyway like any trade the potential is there for a good income but we aren't all millionaires.

 

[coolperfect]

:cheers:That's sweet, you guys started a thread about me!:cheers:

 

[coolperfect]

It's not what you make, it's what you keep.

And more so, are you using that money properly to make more money?

 

[lions_lair]

Well,you can go ahead and close this thread. The village idiot has arrived on the scene...

 

[coolperfect]

Well,you can go ahead and close this thread. The village idiot has arrived on the scene...

They asked for a millionaire , that keeps you out of the race by $999,500 And the BALZ to even get close don't help ! whistle:

 

[pecmsg]

A million dollars in my neck of the woods is easy

 

[Macklleven]

It doesn't happen for everyone and having high dollar things doesn't mean having lots of money sometimes it means having high lease payments and maxed out credit. Anyway like any trade the potential is there for a good income but we aren't all millionaires.

Thanks

 

[Macklleven]

And more so, are you using that money properly to make more money?

That's what I am always looking into, investing to make more money, steadying of just "sitting" on it and "blowing" it.

 

[Macklleven]

A million dollars in my neck of the woods is easy

How so?

 

[pctech]

Pros are held to a higher standard.
per the site rules lets keep it professional

 

[Highheadpressur]

How many "real friends" does a millionaire have anyway? I heard it's lonely at the top.

 

[pecmsg]

How so?

Houses start at 1/2 a million and go up.

 

[DeputyDawg605]

Achieving the million mark has a lot of factors, it will take a lot of hard work, dedication and the correct fundamentals. I would not set the mark at a million starting a new business, because you may get burnt out before you get half way there. Running a business comes with a lot of stress, more so in the first several years, until it is established and thriving. Then its up to you to maintain and grow the business toward your goals. You should surround yourself with positive dedicated employees and treat them well (remember they are the face of your company). Run a honest business and provide a good quality service to your customer market. Make smart financial decisions and be conservative with the "business money". Also you really need some understanding of how a business operates financially, like how to read and understand financial statements, to see how your business is performing. You can turn a lot of money and profit very little. In the end its not how much money you generate but how much you actually retain.
Don't worry about what other business owners are buying or spending their money on. (In other words don't try to keep up with someone else life style), because you don't truly know their financial status. Having a huge house and high end vehicles don't necessary make you rich, it may mean their credit is maxed out and they are spending beyond their means. Having high end things means you have to have a lot of flow coming in to maintain those things. If there business collapsed, more than likely their property would vaporize like a drop of water on a hot highway. You don't want to set yourself up like that.

This is just my opinion, I am not a millionaire nor am I close, my financial statements show that I am profitable and as long as I am profitable then I consider myself moving forward and not backwards.

 

[Macklleven]

Houses start at 1/2 a million and go up.

??

 

[Macklleven]

How many of you took a business class before you stated your business?

 

[jtrammel]

How many of you took a business class before you stated your business?

I wish I had... It's a great idea.

Most hvac businesses fail because you can be a great technician but a lousy businessman.

 

[Sooty]

I have a BBA. It led to a soul destroying corporate job but even having totally changed career direction it has been handy.

 

[David Goodman]

How many of you took a business class before you stated your business?

My BS was in Agricultural Business with a minor in finance.