Home > May, 2010

After I graduated as an accountant, I started working for a big company, but was making very little money, and I never got promoted. I began doing freelance accounting work and realized I didn’t need that low paying job.
I’m 26 now, and I got my own accouting office, and I’m an employer of 3 people.
I’m making more money than most people I went to college with.
But somehow, some people make comments about me starting my own business being a pathetic because I couldn’t do any better.
Some people say setting up my own office at some place I rent is not as big accomplishment as being given an office by some company.

I’m making more money than most people working for companies. I don’t have boss to put up with, I don’t follow anyone’s orders unlike most of my old classmates.

My business is growing, but some people tells me I don’t have a career for not working in a company. Some people have called me unemployed.

Why is having your own business viewed so negatively?

Most people will sell their body mind spirit and time for a job and supposed "security" that comes with it.
ur lucky to start a biz b4 being forced to do
so like so many will be as years go by.
most people ‘wish’ to be self sufficient
but can’t handle the highs/lows of being owner.
you have the ability to increase ur earnings , lower ur taxes, secure ur future , retire with dignity . they will not.

Posted by: admin - 6 Comments

This was an existing business which you came in and were given a share to help it grow. You received no pay while growing the business.

You can expect to pay taxes on the profit from the sale of the business. In your case, the shares were given to you, so whatever you receive will be profit. If this is only a few hundred dollars, pay the taxes on it, and move on. If it’s a significant sum, be sure to get professional help. There may be legal ways for you to avoid taxes on at least a portion of the profit. I suggest a good CPA and more particularly, one who is familiar with the type of business which was sold. In most cases, your having received no salary will have no bearing on the taxes due from the proceeds of the sale. But again, be sure to obtain professional help. I have a small amount of knowledge, but I’m not a tax expert.

Posted by: admin - 1 Comment

The niche market im talking about it the comic/manga industry. The magazine based on exerpts of chapters of manga done by australian artists, for national distribution and eventually international (main target Japan). I have $10,000 for startup

Consider the number of people who are interested in manga.
Check Licensing Requirements for characters and story lines.
Design the Magazine, Layout, Typeface, Number of pages etc
Advertising and Promotion:Promote the magazine and try to generate some buzz, contact magazine publishers that might be interested in investing in your company and distributing it.

Just keep in mind that magazine publishing is a high risk business and many magazines fold within a year of the first issue.GOOD LUCK.

Posted by: admin - 2 Comments

I am looking for a company I can invest a bit money into well establish but unknown company. How and where do you find these gems?!! Is there a website that tracks new trends and niche markets or unknown companies? I am not really interested in penny stocks. But companies with a promising future.

barchart.com
dailystocks.com
emerginvest.com
seekingalpha.com
ft.com
ragingbull.com

Posted by: admin - 3 Comments

…How can I earn money on line now?
I have plenty of free time, which I am using researching for a book I plan to write, but I would not mind the extra income by alloacating a couple of more hours on-line. I live in Dubai in the Middle East.

I make abouit a 100$ every week just with nownow on www.mturk.com. And am just doing it a few hours a day. Some peoples have making way more.

Posted by: admin - 3 Comments
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