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I should also let you know, Pt. 3

Started by Miller Tyme, Oct 06, 2004, 05:39 PM

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Miller Tyme

About 6 months ago, I decided to strike out on my own in the drywall business. At the time, it seemed like the right thing to do, after all, I have 13 years experience hanging/taping/finishing/texturing and painting the stuff.:eyecrazy:
 
 Anyhoo, after getting insured, buying tools, setting up contracts, what did I have to show for it? Almost nothing. Sub contracted to a company who gave me 3 jobs in 6 months. Not much to live on.
 
 So imagine my surprise when 2 weeks ago, my very first boss in the drywall business called me offering me a job.:D Hey, no problem there. Steady work, good pay, insurance and benefits---best of all, no more headaches. I go in, do my job for 9 hours, and every Friday collect a paycheck.
 
 Ahh, back to the good life--maybe I can get more camping in next year.....;)

NightOwl

Jim, as they say "you are due"  Congratulations--a regular paycheck without the headaches of running your own company will be a refreshing change and a relief  for you, I'm sure.

(Our house is nearly all wood on the inside--log house--but we had wallboard  for two bathrooms and an upstairs hallway.  We had a very good wallboard man and it really shows--still completely  smooth after 11 years, no seamtape showing, no little cracks--everything nice and slick.  And if anyone doubts the worth of paying good money for firstrate mudding, all they have to do is go look at a bad job--it can totally ruin the looks of the nicest house, even very expensive ones.)

chasd60

Quote from: Miller TymeAbout 6 months ago, I decided to strike out on my own in the drywall business. At the time, it seemed like the right thing to do, after all, I have 13 years experience hanging/taping/finishing/texturing and painting the stuff.:eyecrazy:
   
 Anyhoo, after getting insured, buying tools, setting up contracts, what did I have to show for it? Almost nothing. Sub contracted to a company who gave me 3 jobs in 6 months. Not much to live on.
   
   So imagine my surprise when 2 weeks ago, my very first boss in the drywall business called me offering me a job.:D Hey, no problem there. Steady work, good pay, insurance and benefits---best of all, no more headaches. I go in, do my job for 9 hours, and every Friday collect a paycheck.
   
   Ahh, back to the good life--maybe I can get more camping in next year.....;)
I envy you for having the guts to step out and try it.
 You never know if it will work until you do I guess.
 
 Not that this was your problem but I have two sons that are great carpenters but they stink at running a business.
 
  The elder of the two (23), thinks he needs 10 helpers on a $900 job and forgets he and his brother also need to get paid.
 
 They do much better working for someone else but they have yet to figure out where to go for a job with benefits that doesn't require them to work 5-days per week.:yikes:
 
 They are only 20 and 23 with no responsibilities and not yet ready to commit to building a future yet..........ahhhhhhh imagine no responsibilities......
 
  AT least my 26 year old son works full time (married and 2 kids and loaded with responsibilities)

Gone-Camping

I know all too well where you're coming from! I left a great job (from a lousy employer) after 10 years to form my own Direct TV Sub Contract company. Got screwed royally by the prime contractor, and wound up a month later with NO MONEY at all from them. Plus I ran up the credit cards buying equipment, tools, fuel etc... What a waste.

Meanwhile, I've bounced a few jobs around trying to get back to the $$$ that I was making before, but so far still struggling along way below that line. Oh well, at least I'm working and making a smaller paycheck...
 
Next time I come up with a BRILLIANT idea, I'll try and find some sun glasses to put on!!:yikes:

dee106

good for you! let him pay all those extras, like insurance, taxes, unempolyment insurance and let him figure out your tax wages!

mike4947

And speaking of taxes; come the first of the year don't forget even though you're working now for someone else you still had the business for part of the year and can claim the losses. It your not comfortable doing it, get some proffesional advice. Could get you back some of the money you invested in the attempt.

I know what you went through. Been there, done that. At least that "permanent knot" that formed between your shoulders and in your neck will start to go away. LOL