job market is grim, particularly if u r 50+

Discussion in 'Economics' started by darwin666, Jan 3, 2011.

  1. Currently a slight problem in this dept. Most start ups fund with home equity and/or CC cards. Tough situation for obvious reasons.
     
    #11     Jan 3, 2011
  2. Not only that, many business take some years before bring in a livelihood - most fail within 18 months. If you do not have the starting capital and a couple of years of living expense, forget it.
     
    #12     Jan 4, 2011
  3. Roark

    Roark

    Sell drugs for a living and kill anyone that crosses your path, that will really show those Mexicans.
     
    #13     Jan 4, 2011
  4. Most businesses fail, you know that right?
     
    #14     Jan 4, 2011
  5. Exactly. Just get a government job and let the suckers figure out all that stuff.
     
    #15     Jan 4, 2011
  6. drcha

    drcha

    Only most independent businesses fail. Most franchises succeed.
     
    #16     Jan 4, 2011
  7. TGregg

    TGregg

    Speaking of franchises, does anybody know where to see Behind the Counter that was on CNBC over Christmas? Doesn't seem to be on Usenet, Youtube, Hulu or the CNBC site.
     
    #17     Jan 4, 2011
  8. 1) That's a deceptive statement. A franchise can remain in business but its ownership can turnover.
    2) The franchisor will tell you that the franchise is 100% successful because of that.
    3) The real fact of the matter is that the failure rate is "high", ~100%, if you focus on the franchisee. :eek: :(
     
    #18     Jan 4, 2011
  9. ElCubano

    ElCubano

    Coldstone....what a racket from what i saw. The franchisee is expected to lose...
     
    #19     Jan 4, 2011
  10. nkhoi

    nkhoi

    bottom line get into dry clean or car wash the rest dont make any money. Note; Lenny “Nails” Dykstra started a successful car wash business.
     
    #20     Jan 4, 2011