Quote:
Originally Posted by dellinger63
It's actually a pretty simple plan but requires a lot of effort. But here's how it goes. You determine a business you would like to own/run ie. a gas station, hotel etc. You work at that job, of course at minimum wage (to start) for anywhere from 80-100 hrs a week. By saving all overtime even at $8 bucks /hr comes to almost $17K/year after 2 years $34K and a down payment on a service station or motel. Continuing working those same hours now as your own boss making 30-40 bucks an hour thus saving between 51K and 108K a year. Reinvesting that money in yet more service stations/motels/hotels makes you a manager of employees and your businesses and you'd be able to cut hours and enjoy success. What's funny is most don't but cut back from 80 hrs to 60 hrs a week and take a couple vacays.
Remember one guy interviewed while cleaning hallways at one of a dozen hotels he owns what his hobbies are: He said hobbies cost money and he has none.
|
34K down payment on a hotel or service station and showing 8 bucks an hour job and the BANKS will be lining up to loan you money...