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Get a job. 2000 a month is peanuts, and assuming a standard 40 hour work week, breaks down to $12/hr. You don't need exceptional skills to hit that wage. Get a
by bartonfink 15y ago
Get a job. 2000 a month is peanuts, and assuming a standard 40 hour work week, breaks down to $12/hr. You don't need exceptional skills to hit that wage. Get a job and keep studying on your own if you really want to make something by yourself down the road, but your basic needs (rent, food, utilities) have to take precedence over your wants.
It's admirable that you want to make something work yourself, but the fact of the matter is that starting your own business isn't like turning on a light switch. There's problems of customer acquisition (who's going to give you money?), product development (why are they going to give you money?) and cash flow (when are they going to give you money and will they keep giving you money?) to solve, and solving those problems will take significant amounts of time.
Don't put the cart before the horse. Get a job first and then worry about how to pick up the pieces and move onto something you want to do.
- throwbackme 15y agobasic needs are covered for 3.5 months (at a emergency case [i.e. no job] maybe a little longer) that's why I want to invest this time wisely.
- deleted 15y ago[deleted]
- TimSchumann 15y agoFollowing bartonfink's advice is investing this time wisely. It's not either or, it's this and.
- JamesPeterson 15y ago3.5 months is not that long. Say you developed some crazy-cool product in 2 months (!!), you would still need to have completed customer acquisition to the point of $2k profit - not revenue - in just 1.5 months! What about fixed (ie non-variable) expenses? Will they lower the 3.5 month timeframe?
- apsurd 15y agowhat about taxes?
- bartonfink 15y agoTaxes at that level are almost a non-factor, if they exist at all. There will be minimal mandatory deductions for Social Security and Medicare, if you're in the US, but that doesn't substantially change the math.