If you desire is to be a one man shop doing service calls and drain cleaning, in my opinion it is not worth it. My reasoning:Writing to get a little feed back.one man shows doing service calls and drain cleaning.Is it well worth it to go on your own,or work for a company. considering your company expenses versus your company benefits.I m still at crossroads .
That is the adrenaline rush that makes it all worthwhile. :yes:You will work harder, longer hours more than you ever did working for someone else, but you get a mindset real quick that you're in it for yourself, no one else and that my friend is a personal choice that no employer can offer.
Be careful, the pursuit of the american dream can become a nightmare if you fail and are saddled with a lot of debt to pay off. Risk is not for everyone.The American dream. Go for it (legit). Even if you decide it's not for you, you will have a greater appreciation for what it takes to run a successful (legit) operation.
I agree with this a lot , I used to own a swimming pool service company and that drove me madThe thing I like about being an employee (right now anyways) is when you get off work and go home - you forget about all the BS and you focus on your time off. In fact I don't even know the names of the guys I work with as soon as I step in the van and start it up to go home. Some guys who run businesses may lay awake all night thinking about this or that. Too much stress for me right now anyways.
But - at some point you realize that you've learned enough, and it's starting to get repetitive, and you need something to do to make it interesting.
Also true and what I was saying earlier, you take those loans, you better make cashBe careful, the pursuit of the american dream can become a nightmare if you fail and are saddled with a lot of debt to pay off. Risk is not for everyone.
I can see that, there is nothing like waking up in the A.M. feeling crappy BUT still going to work and having someone tell you that you are "3 minutes late" and then harp on it for a weekMy very worst day in business for myself is 10,000 times better than my best day working for someone else. .
Plumbing for free sucks..... Hate it when family callsthe area where i work is rural and i get a real high from running into people i have worked for. doing quality work and being able to hold my head up and talk to these people out in public is why i enjoy self employment. i would do plumbing for free if i didn't need the money
60% gross profit on $280,000? What was your net?i started my own business in 03. best decision i ever made. what finally pushed me there was when the last employer i'll ever have scolded me for hauling off the cast iron stack and debris i generated on a job. he told me i should have left it in the front yard. and as nit picky as he claimed to be turned out he was just a nit-wit. i saw a better way. where the customer service comes first. and my customers appreciate it, even write thanks on the check. my first year i showed a 3,000.00$ loss. but every year after that i showed at least a 60% gross profit on yearly reciepts avereging 280,000.00$. but service work alone may not get you there. the bid projects are where its at. as a one man show its tough but can be done. the big payday takes some time but the hard work does pay off if you can handle the whole thing. the work, the taxes, the billing, the book keeping. thats the key you have to do it everyday. do not get lazy w/ the paperwork.