Tue, Dec 12, 2006, 5:44am (EST-3)
(Never*Enough*Money) doth sayeth:
snip Hmmm. The posting was the beginning of the "homework." I know I
have a lot to do and if you knew me you'd know how I analize things to
the max. These postings have garnered me a lot of good points and now I
can begin to get serious. The part-time apparoach willnot work for me.
I'm changing jobs whether I like it or not (either through "forced"
early retirement). I stil have a mortgage and kids in college so I won't
be doing anything unless I feel strongly that it'sa sure thing.
Do you have any persimmon or pecan? Know where I might find some?
My paternal grandfather made a fortune with the first portable sawmill
in western South Carolina back in the 1930's. He lost the fortune later
on wine, women, and gambling, though.
The check is in the mail. BTW, I'm looking for people's advice,
experience, and opinions -- I'll decide for myself what I want to do.
Everybody uses "advisors" whether they're a "big boy" or not.

When you start talking about buying a bsiness at the end of Dec, and
still asking all these questions, doesn't sound to me like you done
enough homework. You can start out of your garage, or rent.

I doungt I'd know how you analize things, no matter how well I knew
you. My mother knows me and she she has no clue how I analizy things,
nor do my sons.

Sure the part-time approach will work. If you're retired, you'll
have money coming in, that should cover the mortgage, and tell the
kid(s) to get a job. So, get another job, doing something, to put food
on the table, and pay daily expenses. Then start part-time.

Sure thing, eh? Death and taxes. That's the only sure things I
know of.

Don't got no persimmon or pecan. And wouldn't let you have it if I
did, I'd use it myself.. I would imagine you could get some from one of
the sawmills around here.

Well, your grandfather made it, so it was his money to spend. At
least he didn't wast it.

I at times do ask kpeople for advice, but seldom for their
opinions. Sometimes the advice gives me something new to think about,
sometimes not. Usually the opinion starts out, "What I'd do is", and is
usually a complete crock. So, my "advice" is, to get a day job, and
don't quit it just yet. My "opinion" is, it ain't gonna be as easy as
you seem to think - it's gonna need to be primed with money, hard work,
a lot of work, probably more money, befor you start pumping money out.
My "experience" is, you're not gonna be the next Bill Gates of the wood
business.

I'm sure you will decide for yourslef.
A final parting shot. I knew an officer that invented a helmet
stand. It folded up, and was meant to hold a helmet for washing,
shaving, whatever. He actually was granted a patent for it. Only cost
hime about $10,000 U.S. He figured he get a gubmint contract and make a
small fortune selling these to the military. Then he found out that
he'd invented something that didn't solve a problem. turned out people
would rather set the helmet on the tailgate of a vehicle, on the ground,
or wherever, rather than have an extra piece of gear to set up, take
down, and generally mess with. And it only cost him $10,000 to learn
that. Because he didn't do enough homework.

I'll repeat myself here. Get a day job. Start your business
part-time, out of your garage, or some cheap rental place. Then IF it
gets off the ground, consider quitting your day job then. But, if you
really want to start full bore, instead of baby seps, I'd still say you
should do pretty well wigh a portable bandsaw,collecting free timber to
saw and sell, and custom sawing - at least to start. You might want to
look into a used mill first, and I'd talk to a few owners if it was me.
Whatever you do, I'd advise not putting a dime on a credit card, talk to
your local bank about some type of loan instead. Credit card interest
will eat your ass up. The fee is now $150.



JOAT
Where does Batman buy gas for the Batmobile?