Illini_152 From United States of America, joined Jan 2001, 1000 posts, RR: 2
Reply 5, posted (11 years 7 months 1 day 3 hours ago) and read 753 times:
Best advice you'll get on this board: Don't come here for advice! People you should be talking to-
Tax attorneys, accountants, customers, business lawyers, banks, loan officers, clients, competitors, other business owners, and potential customers.
Not anonymous 16 year olds who hang out on the internet all day (no offense, there are some knowlageable people out here, but if I wanted to get information about something I had little experience in, this is one of the last places I'd come; too hard to seperate the wheat from the chaff.)
Happy contrails - I support B747Skipper and Jetguy
Jwenting From Netherlands, joined Apr 2001, 10213 posts, RR: 18
Reply 7, posted (11 years 7 months 20 hours ago) and read 733 times:
Another good piece of advice: start small and expand slowly and cautiously.
Most companies that fail fail because they expand too quickly (or because they didn't have a market at all and should never have started in the first place).
Ryanb741 From United Kingdom, joined Mar 2002, 3221 posts, RR: 16
Reply 8, posted (11 years 7 months 16 hours ago) and read 722 times:
Also, if you are going into partnership with someone, no matter how well you get on now you WILL end up suing/being sued by them if the business goes well. A lot of people turn real nasty when the lure of even more $$$ (instead of a 50-50 split) manifests itself.
I used to think the brain is the most fascinating part of my body. But, hey, who is telling me that?