How many hours do you put into your business?

[kevinjohnsonmbe]

It’s good to see you back Stefan!  I was certainly wondering if you’d spontaneously combusted into a fireball of enthusiasm!

 

It’s good to get the ‘lift’ that your seemingly inexhaustible energy and determination bring. In part, it gives me a kick up the jacksy, but it also brings into focus the counter points that others offer  - which are equally valid. 

 

Todays job was finished well early and I was on the sofa with tea &  ? by 15:30. 

 

Good boys, good kit, good planning and good pay. I could have cracked on with another job but rather be home when the nipper finishes school. 

 

Good to see you are back!!

 

 

[Matthew Storrs]

The trouble with having lots of gear on the drip and overheads is that you only start making money once these costs are all covered. If for the sake of arguments your overheads a month are £1500 (not including wage bills) which I’d say is probably to be expected  for your average one man band setup running half decent machines. You still have to pay that £1500 whether you work 5 days a month or 25. So by working an extra day or three a month you end up making a lot more money for yourself as your expenses are already covered by the ‘regular’ days and the extra ones are when you can make yourself some decent extra ££.

 

personally I like to be able to cover everything by working 4 days a week. 5th day can be either a sorting/quoting day, a chance to make a bit extra or just a day out with the family.

 

i don’t think Iv ever been considered expensive- but not bottom of the pile either- I think everything in moderation.

[Dbikeguy]

Anyone working that many hours is a fool. Life’s for living, we all only get one go. Work to live not live to work!

[john p]

Anyone working that many hours is a fool. Life’s for living, we all only get one go. Work to live not live to work!

Aye, I’m doing 3 or 4 days a week at the mo, spend the other days with my 13 month old daughter, these days don’t come back around! I love my kids and like my work, no contest for me.

[markieg31]

two days a week work than the rest on the mountain bike... that used to be the dream i was living but my circumstances have changed now so having to pack in some mega hours myself but their is light at the end of the tunnel-i hope

 

I like what the OP was saying. Sometimes you can see an opportunity but you sit on the fence because it involves an element of risk and self doubt will stop you going for it. 

Speculate to accumulate. Nothing ventured nothing gained. I am in a position myself where i can see an opportunity but it will involve investment in the form of a loan. I could proceed with a crap set up on the cheap, my usual style, or go the whole hog and hope fully bring in some coin! "He who dares rodders"!  

 

Edited June 13, 2018 by markieg31

[Stefan Palokangas]

It’s good to see you back Stefan!  I was certainly wondering if you’d spontaneously combusted into a fireball of enthusiasm!
 
It’s good to get the ‘lift’ that your seemingly inexhaustible energy and determination bring. In part, it gives me a kick up the jacksy, but it also brings into focus the counter points that others offer  - which are equally valid. 
 
Todays job was finished well early and I was on the sofa with tea &  [emoji513] by 15:30. 
 
Good boys, good kit, good planning and good pay. I could have cracked on with another job but rather be home when the nipper finishes school. 
 
Good to see you are back!!
 
 

Thanks

It’s maybe great being back, [emoji850]

Was in the house for 20:40, Some food and away for a night shift welding.

Life is what it is. [emoji3][emoji3][emoji3]

[eggsarascal]

1 hour ago, john p said:

Aye, I’m doing 3 or 4 days a week at the mo, spend the other days with my 13 month old daughter, these days don’t come back around! I love my kids and like my work, no contest for me.

Bone idle leftie. Get a grip man.

[kevinjohnsonmbe]

13 minutes ago, eggsarascal said:

Bone idle leftie. Get a grip man.

3-4 days a week isn’t bone idle....

 

That’s some hard time right there!!

 

Im on for 2 days this week... ?

 

 

[eggsarascal]

2 minutes ago, kevinjohnsonmbe said:

3-4 days a week isn’t bone idle....

 

That’s some hard time right there!!

 

Im on for 2 days this week... ?

 

 

I feel your pain.

[Stefan Palokangas]

The flaw is that the thread is about growing ones business, Stephan’s business has not grown, despite years of working extremely long hours he’s still running the same grinder a predator 38, no great shakes, decent bit of kit, but not top of the market stuff.
 
 
Now he’s either coining it in and paying a stomach churning tax bill or he’s not charging anywhere near enough (there is a third option of course) because if you were “growing your business” you’d have bought something better to
A. Offset you tax liability 
B. Improve your efficiency 

It have not grown he says, it have grown something spectacularly good. One thing have not grown, rather went down to nothing. That’s debt.

I’m delighted the direction I took this towards.

Mick, you can sit there stirring the pot as much as you like, I did get pissed off on you, however now I feel real sorry for you.

Brighten up Mick [emoji3][emoji3]
It’s not all doom and gloom.