Comments on: Entrepreneurship, Age, and Money http://particletree.com/notebook/entrepreneurship-age-and-money/ Everyone needs a hug. Wed, 19 Nov 2008 12:04:14 +0000 http://wordpress.org/?v=2.6.3 By: Kumar Chetan http://particletree.com/notebook/entrepreneurship-age-and-money/#comment-2347 Kumar Chetan Fri, 06 Oct 2006 14:45:05 +0000 http://s2462.gridserver.com/wordpress/?p=228#comment-2347 <p>Read my story, I keep getting offer for 30K+, INRs, and my earning is less than 5-6K. The scene was pathetic and my partner left me in between just coz the earning was very bad. Over the time I have learned how to earn money apart from learning how to create Rich AJAX apps. Now I can support a team, an office and am looking to hire some good ppl. I have risen but I will accept your point, my earnings are still less than my counterparts in jobs and worse of all my liabilities are more. I work 24 hours and they work 9-5. But still I am my own boss and I know I will grow. There is always plus and minus of every thing.</p> Read my story, I keep getting offer for 30K+, INRs, and my earning is less than 5-6K. The scene was pathetic and my partner left me in between just coz the earning was very bad. Over the time I have learned how to earn money apart from learning how to create Rich AJAX apps. Now I can support a team, an office and am looking to hire some good ppl. I have risen but I will accept your point, my earnings are still less than my counterparts in jobs and worse of all my liabilities are more. I work 24 hours and they work 9-5. But still I am my own boss and I know I will grow. There is always plus and minus of every thing.

]]> By: Brian Gilley http://particletree.com/notebook/entrepreneurship-age-and-money/#comment-2346 Brian Gilley Thu, 21 Sep 2006 17:47:52 +0000 http://s2462.gridserver.com/wordpress/?p=228#comment-2346 <p>I left my 9 to 5 job over three years ago and within 6-9 months more than quadrupled my gross revenue. Since my expenses are mainly hosting and a little advertising costs, my net was still well, well into the six figures for the year. I've hovered around that point since, but comparing it to my full time job, I never would've reached that point unless I had ownership in the company (which would've never happened).</p> <p>The only downside to owning your own business IMO is health insurance costs, saving for your own retirement, knowing how much to reinvest back into your own company, and those little things - like working 80 hours a week to get things done.</p> <p>Tradeoff yes! - and well worth it to be able to create and make your own path in life.</p> I left my 9 to 5 job over three years ago and within 6-9 months more than quadrupled my gross revenue. Since my expenses are mainly hosting and a little advertising costs, my net was still well, well into the six figures for the year. I’ve hovered around that point since, but comparing it to my full time job, I never would’ve reached that point unless I had ownership in the company (which would’ve never happened).

The only downside to owning your own business IMO is health insurance costs, saving for your own retirement, knowing how much to reinvest back into your own company, and those little things - like working 80 hours a week to get things done.

Tradeoff yes! - and well worth it to be able to create and make your own path in life.

]]> By: designer t-shirts http://particletree.com/notebook/entrepreneurship-age-and-money/#comment-2345 designer t-shirts Mon, 18 Sep 2006 23:05:52 +0000 http://s2462.gridserver.com/wordpress/?p=228#comment-2345 <p>Well I am trying to start something but not leaving my day job till I can make at least as much on my side project.</p> Well I am trying to start something but not leaving my day job till I can make at least as much on my side project.

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