hi i live in elkhart indiana and hav tried several times to start up a
weld shop been welding for 20 yrs, but i am more of a hands on person
than a salesman, hav torches ,tweco mig,all the right tools not
portable yet (had tried that too) hav a small garage set up! someone
that wants to make some good money and would be trustworthy, I would
seriously consider a partnership with. Must live close to elkhart
indiana. @mail me at
god
bless

"noswal" wrote in message
oups.com...
hi i live in elkhart indiana and hav tried several times to start up a
weld shop been welding for 20 yrs, but i am more of a hands on person
than a salesman, hav torches ,tweco mig,all the right tools not
portable yet (had tried that too) hav a small garage set up! someone
that wants to make some good money and would be trustworthy, I would
seriously consider a partnership with. Must live close to elkhart
indiana. @mail me at
god
bless


In my opinion, partnerships are not very wise. You need to either learn the
skills you need, higher somebody who already has those skills, or keep
working for somebody else.

Conversely, it's good to have a second opinion on a lot of
things, there's more likely to be somebody at the shop at
all times, and if you find somebody with complementary skills
and business acumen, it would be ideal.

Dave Lyon wrote:

In my opinion, partnerships are not very wise. You need to either learn the
skills you need, higher somebody who already has those skills, or keep
working for somebody else.

thats what im basicly asking for in a partner

On 29 Nov 2005 01:38:50 -0800, "noswal" wrote:

hi i live in elkhart indiana

Who would be interested in purchasing your skills and services in the
community you live? Is it an industrial/manufacturing community? A
farming community? Who is your customer?

You may have to move to an area where there is a demand for the skills
and services you offer or the type of welding you like to do.


and hav tried several times to start up a
weld shop

From this you should have learned that running your own business is
80% marketing and 20% actually doing what you like to do and are
qualified to do.

been welding for 20 yrs,

OK

but i am more of a hands on person
than a salesman,

Then you should hire a salesman but, what is this salesman going to
sell, and whom is he going to sell it to? This is still your
decision. Why would the saleman want to sell it? Why would the
customer want to buy it?

hav torches ,tweco mig,all the right tools not
portable yet (had tried that too) hav a small garage set up!

OK

someone
that wants to make some good money and would be trustworthy, I would
seriously consider a partnership with.

You need to quantify:
How much "good money" per annum?

Do you have financial records to support your "good money" claim?
What is your Current Ratio?
What is your Quick Ratio?
What is your Net Profit on Sales?
What is your Collection Period?
What is your Inventory Turnover?
What is your Return on Investment?
A partner worth having will want to know the answers to these.

Define criteria for "trustworthy".
Person "A" is trustworthy.
Person "B" is not trustworthy.
How does one differentiate between person "A" and person "B" using
YOUR criteria?

Define "partnership".
What does "partner" bring to the business? Money? Talent? Time?
What does a partner do?

Why would someone be interested in partnering with you?
You have to sell yourself to a potential partner just like you have to
sell yourself to a potential customer. The only difference is that
customers come and go while a partner stays forever, just like in
marriage.


Must live close to elkhart
indiana. @mail me at

You need to take a long, hard look at the above statement and why you
made it. One does not tell a partner what to do, let alone tell them
where to live. Are you sure that you yourself are partnership
material?

"Mike Berger" wrote in message
...
Conversely, it's good to have a second opinion on a lot of
things, there's more likely to be somebody at the shop at
all times, and if you find somebody with complementary skills
and business acumen, it would be ideal.


Those are good points, but they don't warrant the problems associated with
having a partner. You could achieve the same results from employing somebody
with the skills that you are lacking.

If the OP absolutely must have a partner, make sure it's not a good friend,
cause when it's all over, they won't be anymore.

Save yourself a huge amount of time and money. Check with your
local community college and take one or more classes [most likely
not for college credit -- magic words are "continuing education"]
in starting and running your own business. After you have done
this, see a good small business lawyer and set up a sub-chapter-s
corporation to protect your personal assets from company
liability in a no-tax state like Deleware.

Saddest comment I ever heard was about the bankrupt machinest "he
made it in the shop, but he lost it in the ledger...."

Uncle George


On 29 Nov 2005 01:38:50 -0800, "noswal"
wrote:

hi i live in elkhart indiana and hav tried several times to start up a
weld shop been welding for 20 yrs, but i am more of a hands on person
than a salesman, hav torches ,tweco mig,all the right tools not
portable yet (had tried that too) hav a small garage set up! someone
that wants to make some good money and would be trustworthy, I would
seriously consider a partnership with. Must live close to elkhart
indiana. @mail me at
god
bless

im going to copy your reply to my ad, made me think ! thank you, i need
some one as , bright as you! so bright in fact your words wer twice as
bright as the welding flash, lol are you for hire on commision?thank
you!

"noswal" wrote in message
oups.com...
hi i live in elkhart indiana and hav tried several times to start up a
weld shop been welding for 20 yrs, but i am more of a hands on person
than a salesman, hav torches ,tweco mig,all the right tools not
portable yet (had tried that too) hav a small garage set up! someone
that wants to make some good money and would be trustworthy, I would
seriously consider a partnership with. Must live close to elkhart
indiana. @mail me at
god
bless


You're gonna' hate me but...get a job, being an entrepreneur sucks the life
out of you!

You're gonna' hate me but...get a job, being an entrepreneur sucks the
life out of you!

I don't know...

I haven't worked for somebody for so long, I know I couldn't stand to take
orders. They might even expect me to work EVERY day.

It takes a certain type to be an enteprenuer. You have to spend a lot of
your time on tasks you're not that good at / don't enjoy (in my case sales)
and being self motivated is not for everybody.

Karl

Speechless wrote:

On 29 Nov 2005 01:38:50 -0800, "noswal" wrote:



hi i live in elkhart indiana



Who would be interested in purchasing your skills and services in the
community you live? Is it an industrial/manufacturing community? A
farming community? Who is your customer?

You may have to move to an area where there is a demand for the skills
and services you offer or the type of welding you like to do.




and hav tried several times to start up a
weld shop



From this you should have learned that running your own business is
80% marketing and 20% actually doing what you like to do and are
qualified to do.


I can't agree more with this...If you aren't interested in the
marketing/sales end of running your own place, either contract someone
who is (for a HIGH percentage) or kiss off the idea of ever working for
yourself.

I'd say the 80/20 numbers are about right...except at start-up where
it's more like 150 (more than an 8 hour day)/ 5 and the 5 is spent
making marketing samples to show examples of your skills. Of those
marketing efforts, 95+% of the time will be wasted on customers you
later find to be low to nil potential. Business doesn't just wander
in...you are against 200 other guys trying to do the same thing as you
and you have to be BETTER than them at convincing potential customers to
choose YOU...and choose you AGAIN.

Oh yea....add in a ton of labor time to cover the paperwork that goes
along with owning a business. People like to dream of working for
themselves but with rare exception, you spend most of you time doing
office and sales jobs, not the more interesting work. It's quite a slap
in the face to find out that you don't get to do what you actually
thought you were doing by running your own place.

Think LONG and HARD as to whether you can stand the job of paper pusher
and salesman before running your own business. If you hate that kind of
thing, find someone else to work for or expect it to be a hobby business
for a looooong time until (through quality work) you have enough of a
reputation with enough people from simple wanderings and word of mouth
to pay the bills. That day may never come.

Koz



been welding for 20 yrs,



OK



but i am more of a hands on person
than a salesman,



Then you should hire a salesman but, what is this salesman going to
sell, and whom is he going to sell it to? This is still your
decision. Why would the saleman want to sell it? Why would the
customer want to buy it?



hav torches ,tweco mig,all the right tools not
portable yet (had tried that too) hav a small garage set up!



OK



someone
that wants to make some good money and would be trustworthy, I would
seriously consider a partnership with.



You need to quantify:
How much "good money" per annum?

Do you have financial records to support your "good money" claim?
What is your Current Ratio?
What is your Quick Ratio?
What is your Net Profit on Sales?
What is your Collection Period?
What is your Inventory Turnover?
What is your Return on Investment?
A partner worth having will want to know the answers to these.

Define criteria for "trustworthy".
Person "A" is trustworthy.
Person "B" is not trustworthy.
How does one differentiate between person "A" and person "B" using
YOUR criteria?

Define "partnership".
What does "partner" bring to the business? Money? Talent? Time?
What does a partner do?

Why would someone be interested in partnering with you?
You have to sell yourself to a potential partner just like you have to
sell yourself to a potential customer. The only difference is that
customers come and go while a partner stays forever, just like in
marriage.




Must live close to elkhart
indiana. @mail me at



You need to take a long, hard look at the above statement and why you
made it. One does not tell a partner what to do, let alone tell them
where to live. Are you sure that you yourself are partnership
material?

my grandpap say the definition of entepreneur is somebody who will work 80
hours for himself to avoid working 40 for somebody else..


"Karl Townsend" remove .NOT wrote in
message ink.net...


You're gonna' hate me but...get a job, being an entrepreneur sucks the
life out of you!

I don't know...

I haven't worked for somebody for so long, I know I couldn't stand to take
orders. They might even expect me to work EVERY day.

It takes a certain type to be an enteprenuer. You have to spend a lot of
your time on tasks you're not that good at / don't enjoy (in my case
sales) and being self motivated is not for everybody.

Karl