entrepreneurship vs employment

[Deleted member 27751]

State all the pros and cons of each topic I stated,and tell me which one mogs? Les go

 

[thereallegend]

you'll probably have to do both in your lifetime

 

[Sexually Disabled]

entrepreneurship is basically a meme in 2023

 

[thereallegend]

entrepreneurship is basically a meme in 2023

it's for people who don't wanna work but wanna feel like they are.

 

[Deleted member 27751]

you'll probably have to do both in your lifetime

Elaborate

 

[Deleted member 27751]

entrepreneurship is basically a meme in 2023

Why?

 

[Sexually Disabled]

it's for people who don't wanna work but wanna feel like they are.

Wealth inequality is too high for most people to make it as an entrepreneur. Entrepreneurship is something you can not half-ass. You have to create a genuinely great product or service and have a S+ business plan. The biggest success factor will likely be specialised domain knowledge in the field you want to set your business up in.

 

[Sexually Disabled]

Why?

Wealth inequality is too high for most people to make it as an entrepreneur. Entrepreneurship is something you can not half-ass. You have to create a genuinely great product or service and have a S+ business plan. The biggest success factor will likely be specialised domain knowledge in the field you want to set your business up in.

 

[longjohnmong]

flip houses. there was this house i was looking at, thinking maybe i'd try flipping it. sold for $95,000. a mere 5 months later i see it back up for sale for $399,999. i'm thinking "no fucking way is someone gonna pay $400,000 for that." it sold for $380,000. yeah, they redid the whole thing, but obviously as cheaply as possible - ugliest carpet, ugliest paint, etc.

or just become a landlord. my friend does it. he just buys shitty properties in the ghetto and rents them out

 

[RAITEIII]

flip houses. there was this house i was looking at, thinking maybe i'd try flipping it. sold for $95,000. a mere 5 months later i see it back up for sale for $399,999. i'm thinking "no fucking way is someone gonna pay $400,000 for that." it sold for $380,000. yeah, they redid the whole thing, but obviously as cheaply as possible - ugliest carpet, ugliest paint, etc.

or just become a landlord. my friend does it. he just buys shitty properties in the ghetto and rents them out

Where on earth can you buy a house for 95k and then resell it 5 months later for nearly 400k? Lol

The landlord thing can be legit. Though I'm not quite sure if they should be bought right off the bat...

 

[bwrauycnee]

Wealth inequality is too high for most people to make it as an entrepreneur. Entrepreneurship is something you can not half-ass. You have to create a genuinely great product or service and have a S+ business plan. The biggest success factor will likely be specialised domain knowledge in the field you want to set your business up in.

What changed in 2023? Darwinism in entrepreneurship has always been case.

 

[Foreverbrad]

Employment is better from a looksmaxing perspective as it’s guaranteed income and you will be able to build credit and get loans for your surgeries to happen ASAP.

Entrepreneurship is for Chads who aren’t still paying off their genetic debt.

 

[ArcticStorm]

entrepreneurship is basically a meme in 2023

Exactly JFL

 

[longjohnmong]

Where on earth can you buy a house for 95k and then resell it 5 months later for nearly 400k? Lol

7017 McClure Ave, Pittsburgh, PA 15218 | Zillow

7017 Mcclure Ave, Pittsburgh PA, is a Single Family home that was built in 1925.It contains 3 bedrooms and 2 bathrooms.This home last sold for $340,000 in June 2023. The Zestimate for this Single Family is $357,200, which has decreased by $568 in the last 30 days.The Rent Zestimate for this...

www.zillow.com

 

[RAITEIII]

7017 McClure Ave, Pittsburgh, PA 15218 | Zillow

7017 Mcclure Ave, Pittsburgh PA, is a Single Family home that was built in 1925.It contains 3 bedrooms and 2 bathrooms.This home last sold for $340,000 in June 2023. The Zestimate for this Single Family is $357,200, which has decreased by $568 in the last 30 days.The Rent Zestimate for this...

www.zillow.com

Woah. I wonder how much he invested in renewal. I'm guessing he will make over 100k profit... if the area is decent and manages to sell it then he's set.

Brutal I dont have much knowledge of US house marketing but it looks like a deal ngl

 

[longjohnmong]

Woah. I wonder how much he invested in renewal. I'm guessing he will make over 100k profit... if the area is decent and manages to sell it then he's set.

Brutal I dont have much knowledge of US house marketing but it looks like a deal ngl

it's already under contract, which means the buyer/seller have agreed to a deal and as long as it doesn't fall through the house is sold. i bet they didn't put as much as most people think into it. probably a professional outfit that stockpiles floor, carpet, lighting fixtures, bathtubs, etc. you can see it's a cheap plastic bathtub, cheap cabinets, ugly color of granite countertops that were probably on clearance. i wouldn't be surprised if they made close to $200,000.

here's another one I actually looked at in person that sold for $56,000. it was a hoarder's house that had huge piles of stuff inside. they completely emptied it out and redid the entire thing in 2 months. they're trying to rent it but i bet they could sell it for like $300,000.

2215 Lehigh St, Pittsburgh, PA 15218 | Zillow

2215 Lehigh St, Pittsburgh PA, is a Single Family home that contains 1045 sq ft and was built in 1920.It contains 3 bedrooms and 2 bathrooms.This home last sold for $56,975 in January 2023. The Rent Zestimate for this Single Family is $1,500/mo, which has increased by $16/mo in the last 30 days.

www.zillow.com

 

[RAITEIII]

it's already under contract, which means the buyer/seller have agreed to a deal and as long as it doesn't fall through the house is sold. i bet they didn't put as much as most people think into it. probably a professional outfit that stockpiles floor, carpet, lighting fixtures, bathtubs, etc. you can see it's a cheap plastic bathtub, cheap cabinets, ugly color of granite countertops that were probably on clearance. i wouldn't be surprised if they made close to $200,000.

here's another one I actually looked at in person that sold for $56,000. it was a hoarder's house that had huge piles of stuff inside. they completely emptied it out and redid the entire thing in 2 months. they're trying to rent it but i bet they could sell it for like $300,000.

2215 Lehigh St, Pittsburgh, PA 15218 | Zillow

2215 Lehigh St, Pittsburgh PA, is a Single Family home that contains 1045 sq ft and was built in 1920.It contains 3 bedrooms and 2 bathrooms.This home last sold for $56,975 in January 2023. The Rent Zestimate for this Single Family is $1,500/mo, which has increased by $16/mo in the last 30 days.

www.zillow.com

Thanks a lot! It really seems like a great business opportunity! Do you consider getting yourself involved with something like it eventually?

 

[Sexually Disabled]

What changed in 2023? Darwinism in entrepreneurship has always been case.

It's very difficult especially in the age of globalisation where your competitors can source cheaper labour than you by using foreign workers.

 

[Twinblade]

State all the pros and cons of each topic I stated,and tell me which one mogs? Les go

Entrepreneurship mogs employment because you have no one telling what to do making you a yes man in foids eyes. Employment is good, but you shouldn't rely on it as you are just a pawn that could easily be replaced

 

[bwrauycnee]

It's very difficult especially in the age of globalisation where your competitors can source cheaper labour than you by using foreign workers.

That’s also been true for a long time. Most people who go into entrepreneurship are incompetent and lack persistence.
It’s the same in OLD, 10% of men get 90% of tinder matches.

 

[JovenCansao]

or just become a landlord. my friend does it. he just buys shitty properties in the ghetto and rents them out

Is this in the US? Where I live being a landlord is a big headache because the process for eviction is incredibly slow, unlike in the US which is very fast, so only worth it there imo

 

[longjohnmong]

Is this in the US? Where I live being a landlord is a big headache because the process for eviction is incredibly slow, unlike in the US which is very fast, so only worth it there imo

yeah, US. the great part about the US is you can rent to people who get public housing vouchers and the government will pay you some ridiculous amount of money to house someone in some piece of shit apartment.

 

[Sexually Disabled]

Is this in the US? Where I live being a landlord is a big headache because the process for eviction is incredibly slow, unlike in the US which is very fast, so only worth it there imo

Your country is fucking based.

 

[P4fivee]

everyone wants to be their own boss but only a few make it

 

[The Thinker]

Overemplohmen

 

[dancs]

10% make very good money 30% manage to not lose anything or break even 60% go bankrupt or sunk costs

basically follows the male dominance curve not only in the dating word

 

[longjohnmong]

10% make very good money 30% manage to not lose anything or break even 60% go bankrupt or sunk costs

basically follows the male dominance curve not only in the dating word

The thing is that it's not a dice roll. There are reasons people fail. It's that they're lazy idiots. Just don't be a lazy idiot and you can guarantee to not fall into that 60%.

 

[LilJojo]

State all the pros and cons of each topic I stated,and tell me which one mogs? Les go

The word "Entrepreneurship" is thrown around too much without meaning. All these influencers have convinced yall its easy to run a successful online business. It takes months and months of hard work to even make 100 dollars a day, you got to think outside of the box whether it's legally or not ahaha.

 

[dancs]

The word "Entrepreneurship" is thrown around too much without meaning. All these influencers have convinced yall its easy to run a successful online business. It takes months and months of hard work to even make 100 dollars a day, you got to think outside of the box whether it's legally or not ahaha.

yeah.

People make it seem so easy online to become rich.
Just not the case.

Dropshipping for example was an early business model that worked 2016-2018 era

Nowadays though to even break even on advertising costs alone you need to have top tier copywriting, understand ads, website design, seo optimisation, graphic design, email marketing, discount codes, fair pricing, upsells, organic traffic flow, good graphic design, custom packaging, original products, have about €10,000 on hand if the product does well to bulk order. Manage PayPal money holds, manage tax, LLC in certain countries, adspend tax, a good advertisement or payed creator to make one, dealing with refunds, having ad accounts suspended, being reported/ investigated, one bad review suspending whole accounts,
Supplier running out of stock. Dealing with Chinese new year, competition of people using adspy to overspend your ads,

All this to probably end up negative and MAYBE get a winning product.

At this point it’s nearly an entire company, your expected to run by yourself which is all skills you need to learn and master.

Same for SMMA, a lot of learning and loss involved to break even, you actually have to provide the value the people pay, it’s just a job

 

[LilJojo]

yeah.

People make it seem so easy online to become rich.
Just not the case.

Dropshipping for example was an early business model that worked 2016-2018 era

Nowadays though to even break even on advertising costs alone you need to have top tier copywriting, understand ads, website design, seo optimisation, graphic design, email marketing, discount codes, fair pricing, upsells, organic traffic flow, good graphic design, custom packaging, original products, have about €10,000 on hand if the product does well to bulk order. Manage PayPal money holds, manage tax, LLC in certain countries, adspend tax, a good advertisement or payed creator to make one, dealing with refunds, having ad accounts suspended, being reported/ investigated, one bad review suspending whole accounts,
Supplier running out of stock. Dealing with Chinese new year, competition of people using adspy to overspend your ads,

All this to probably end up negative and MAYBE get a winning product.

At this point it’s nearly an entire company, your expected to run by yourself which is all skills you need to learn and master.

Same for SMMA, a lot of learning and loss involved to break even, you actually have to provide the value the people pay, it’s just a job

I literally spent a month researching dropshipping and made negative profit.

 

[dancs]

I literally spent a month researching dropshipping and made negative profit.

yeah there’s a lot of skill, hard work and luck involved.

I’ve had no success myself but I’ve used sake tracking apps to see other people’s sales/ success and there’s a few people it seems to work for but it’s very organised almost like a company 90% of the time.

definitely not a get rich quick scheme

 

[Alexanderr]

State all the pros and cons of each topic I stated,and tell me which one mogs? Les go

One bears higher risk, more responsibility, and will likely cost you a lot of personal capital as well, but also has higher possible returns.
The other is lower risk, less responsibility, and you don't have you substantial amounts of your personal capital invested in the company (probably).

Wouldn't quite say one 'mogs', just depends on the type of person you are and what risks you can bear.

 

[NorthAtlandidMogs]

One bears higher risk, more responsibility, and will likely cost you a lot of personal capital as well, but also has higher possible returns.
The other is lower risk, less responsibility, and you don't have you substantial amounts of your personal capital invested in the company (probably).

Wouldn't quite say one 'mogs', just depends on the type of person you are and what risks you can bear.

This subforum forum is comically dead and has no sub mod

If you need one you know where to look

 

[AsGoodAsItGets]

yeah.

People make it seem so easy online to become rich.
Just not the case.

Dropshipping for example was an early business model that worked 2016-2018 era

Nowadays though to even break even on advertising costs alone you need to have top tier copywriting, understand ads, website design, seo optimisation, graphic design, email marketing, discount codes, fair pricing, upsells, organic traffic flow, good graphic design, custom packaging, original products, have about €10,000 on hand if the product does well to bulk order. Manage PayPal money holds, manage tax, LLC in certain countries, adspend tax, a good advertisement or payed creator to make one, dealing with refunds, having ad accounts suspended, being reported/ investigated, one bad review suspending whole accounts,
Supplier running out of stock. Dealing with Chinese new year, competition of people using adspy to overspend your ads,

All this to probably end up negative and MAYBE get a winning product.

At this point it’s nearly an entire company, your expected to run by yourself which is all skills you need to learn and master.

Same for SMMA, a lot of learning and loss involved to break even, you actually have to provide the value the people pay, it’s just a job

Yes, the reality is you need specialized knowledge yourself and a network with insider knowledge.

Of course an ability to work 14h+ a day is invaluable and honestly just a starting point in real competition.

Most people make massive mistakes that set them apart by years…

Your network will help you avoid those.

If you avoid mistakes your competitors are making, your competition shrinks with time as your grow.

I remember reading in Thinking Fast and Slow about the failure rate of businesses.

But he never said how many businessmen start another business.

If you consider business a game, and almost any game you can get better at it through practice.

If you understand the processes involved from a macro perspective, how can you not win with time?

That being said, I also do think genetics have a massive role to play in it…

The ability to take massive risks and sleep at night.

Or to not sleep at all for days when something is up.

 

[Alexanderr]

This subforum forum is comically dead and has no sub mod

It's the users that make or break the forum. Sadly, a lot of them here are retarded and financially illiterate. Also, a lot of the PSL users seem to have little to no interest in making money, it's an afterthought so the subforum seems to attract low-effort trolls for the most part.

 

[flippasav]

State all the pros and cons of each topic I stated,and tell me which one mogs? Les go

Entrepreneurship all the way what silly thing would prefer it over employment

 

[NorthAtlandidMogs]

It's the users that make or break the forum. Sadly, a lot of them here are retarded and financially illiterate. Also, a lot of the PSL users seem to have little to no interest in making money, it's an afterthought so the subforum seems to attract low-effort trolls for the most part.

Yes finance is one of my hobbies my grandma has taught me a lot about this shit gurus can be kinda retarded tbh

Feel like 99% of the forum has no job or works at McDonald’s

 

[Alexanderr]

Feel like 99% of the forum has no job or works at McDonald’s

I might just start restricting certain users that are prolific low-effort thread spammers from posting on this subforum. I'd rather have a few users with good, valuable discussions than heaps of users posting thrash.

 

[NorthAtlandidMogs]

I might just start restricting certain users that are prolific low-effort thread spammers from posting on this subforum. I'd rather have a few users with good, valuable discussions than heaps of users posting thrash.

Tbh that may end up being more effort then just letting them post 0 reply threads

Ye quality over quantity, most guys I see on here just regurgitate finance spew and have no mind of there own though

 

[Alexanderr]

Tbh that may end up being more effort then just letting them post 0 reply threads

Ye quality over quantity, most guys I see on here just regurgitate finance spew and have no mind of there own though

The heaps of 0 reply, garbage threads would pretty much persuade any serious poster to go the other way. No chance we could just let them infest the subforum forever, might as well just shut it down and preserve some of the good threads.

 

[Magnum Opus]

Feel like 99% of the forum has no job or works at McDonald’s

The more time I spent here there more evident it became how many people are NEET. The forum is also not only lacking in this subforum, at this point it‘s also overflowing with shitposters and people who know nothing about looks.

 

[NorthAtlandidMogs]

The heaps of 0 reply, garbage threads would pretty much persuade any serious poster to go the other way. No chance we could just let them infest the subforum forever, might as well just shut it down and preserve some of the good threads.

You ever been on blackhatworld that forum is shit thread infested on stuff like this

 

[NorthAtlandidMogs]

The more time I spent here there more evident it became how many people are NEET. The forum is also not only lacking in this subforum, at this point it‘s also overflowing with shitposters and people who know nothing about looks.

Incels=neet
Do you concur @Alexanderr when I was incel I didn’t understand the point of having a job but now I understand the importance

If you added 0.5-1psl to the userbase theud get a job And girl instead of posting on forums, that’s why the userbase is ever shifting I suppose

 

[inceI]

It's the users that make or break the forum. Sadly, a lot of them here are retarded and financially illiterate. Also, a lot of the PSL users seem to have little to no interest in making money, it's an afterthought so the subforum seems to attract low-effort trolls for the most part.

can you expect much? most of people on blackpill forums nowadays are teens and doomer types

not to mention no one has the attention span to even read anymore, so no incentive to share knowledge

 

[Alexanderr]

You ever been on blackhatworld that forum is shit thread infested on stuff like this

I've heard of it, but then again, I'm pretty sure that forum is many times bigger than this one is. Would be very hard to moderate.

Even on Reddit where there are specific subreddits for each subject, still gets infested by garbage posts that have to be filtered by the auto-mods, and that's when a large part of the people disinterested in the subject at hand are out of the picture.

The best way, long-term would probably be implementing some auto-mod feature of our own or at the very least, implementing some criteria to post like minimum word count, minimum account age (maybe not this one), or something along those lines that would help filter out the garbage posters from even posting anything.

This is probably further down the priority list though, there are about 180 pending user applications because we've got such a massive backlog. Seems like we get a user applying every 15 minutes now.

 

[Alexanderr]

can you expect much? most of people on blackpill forums nowadays are teens and doomer types

Yup, the very young user base doesn't help much.

 

[inceI]

This is probably further down the priority list though, there are about 180 pending user applications because we've got such a massive backlog. Seems like we get a user applying every 15 minutes now.

yeah blackpill is viral now. the #looksmax on tiktok has 160m views which even a year ago would be unheard of

 

[NorthAtlandidMogs]

I've heard of it, but then again, I'm pretty sure that forum is many times bigger than this one is. Would be very hard to moderate.

Even on Reddit where there are specific subreddits for each subject, still gets infested by garbage posts that have to be filtered by the auto-mods, and that's when a large part of the people disinterested in the subject at hand are out of the picture.

The best way, long-term would probably be implementing some auto-mod feature of our own or at the very least, implementing some criteria to post like minimum word count, minimum account age (maybe not this one), or something along those lines that would help filter out the garbage posters from even posting anything.

This is probably further down the priority list though, there are about 180 pending user applications because we've got such a massive backlog. Seems like we get a user applying every 15 minutes now.

Blackhat is pretty big yeah but mostly just people talking about ideas they will never use

Most threads not even being worthy to click on can be a big issue

I’m assuming xenforo has some add on for auto modding forums probably wouldn’t even be that hard to implement you could even make it jewish and ban words like xigga to make the forum more legitimate

If you need Verifying accounts making sure they aren’t Alts just tell me brah this is my favourite forum I’ll do anything to make this place better

 

[Magnum Opus]

Incels=neet
Do you concur @Alexanderr when I was incel I didn’t understand the point of having a job but now I understand the importance

What about your academic career, I‘ve seen you mention that you‘re failing exams at the end of last summer because of being here 24/7, did you change that now too?

 

[NorthAtlandidMogs]

What about your academic career, I‘ve seen you mention that you‘re failing exams at the end of last summer because of being here 24/7, did you change that now too?

School is dumb and I’m talking engineering in the fall