Dylan Hunt

My dad owns a roofing and siding company. Works when the sun is out, has off when it's raining or snowing. The first year was really slow, the 2nd year picked up a little bit, the 3rd year people started to spread the word about us and then here we are today.

NFRs2000NYC

You can't open a roofing company if you have never worked for a roofing company right?

F1-Fanatic

As a business owner, I hope you are seeing a trend in what people are saying.. In short I will tell you that having been on both sides of the fence there is nothing better than being in business for yourself as far as flexability, but at the same time it can also be the biggest test of intestinal fortitude. When business slows down there will be nobody there to cut you weekly check... In short, when business slows you are in debt to pay all others before yourself and that feeling sucks.. believe me!

My only suggestion would be like that of a deep water diver.. Jump in knowing your life is on the line, make a plan with every potential problematic situation in mind and contingencies on how to handle these problems so that when they occur you have a road map. And most importantly, stick to your plan no matter what. There is a reason why businesses fail.. Most business owners (myself included) didn't investigate all of the potential financial pitfalls before jumping into the deep end of the pool. When problems occur, you MUST have a plan on how to weather the storm.. Neglect to do so and you might as well take a match to your money and just burn it now!

All the best of luck w/ your new venture!

-N

quickshifting

thanx again for all the insight guys

jlstyle82

[QUOTE=F1-Fanatic,Oct 10 2007, 08:02 AM] Most business owners (myself included) didn't investigate all of the potential financial pitfalls before jumping into the deep end of the pool.