How Much Do You Need to Earn?

I have been thinking about the math on these ideas that I have had. I was talking about going partners with this guy, but to be honest the guy seems like a bit too much of a loose cannon and unrealistic about the stuff he is talking about. He has this good idea I think and it would be worth trying if you could stand the risk and you had the cash flow. For instance we can not afford the cost of something like cash advance loans online. That does not make sense, you have to earn too much back on the investment for it to work out. First you have to service the interest on the debt, which is going to eat in to your profits. If you go to a bank and get the sort of terms that they can offer, then this would be well worth it. The problem is getting it to the place where it would be self supporting.

At first you obviously have to put a bunch of cash in this thing. It would be like a baby that needs you to do every little thing for it. If it all went well, then one day that company would grow up and you could retire on the beach while it produced money for you. That is the idea at the least.If you did everything right you would be able to turn it over to some hired people in a couple of years and you would not really have to do much after that. In theory it would work like that, but in reality you could probably not find a person that you could trust so completely that you could turn it all over to them and never have to worry about what they are doing.

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