What makes money now adays?

lilduke · Aug 14, 2018

I come from a line of etrepeuners and I have never really worked for anyone else and I know a lot of very successful buisness people. So thats why I have the opinions I do I suppose.

If my dad hadn't been a sucssesful buisness man and had worked for a big company and encouraged me to pursue a degree and a high paying job my views would be different I'm sure.

I like seeing other people's thoughts on the matter though.
Lots of different paths to get to the end results.

eclipse1966 · Aug 14, 2018

awesome answer and 100% agree. I got my business degree and international trade and did the corporate thing for 6 years until I got my confidence to start my own company and never turned back working for myself.

lilduke said:
Does he want to work for a company and climb the corporate ladder or would he rather own the ladder?

If it were me I'd tell him to learn about sales,buisness,taxes,insurance,realestate,stocks,bonds and law. Learn to understand financial statements and difference between assets and liabilities. Skip the student loans and find a mentor. Sacrifice some comfort and security when you are young. invest in assets, build assets and don't be average. Make a financial plan and stick to it. Set goals and write them down.

Do all this and he would be a very wealthy man and not have to be stuck in the 9 to 5 rat race for the next 50 years.

Teth-Air · Aug 14, 2018

Here are my thoughts:

There are 2 kinds of people, Can Do and Can't Do. As a owner of 2 businesses and a staff of 20+ people the employees that go farthest are those that make my life easier and not those that make it more difficult.

Secondly if you want to have money in your pocket, don't by a sled.

moyiesledhead · Aug 14, 2018

skegpro said:
Really, I thought it took years to become a commercial pilot?

Apparently playing video games is all it takes. Did you see that guy fly that thing? Impressive. Of course he's dead, so maybe not the best career path.

skegpro · Aug 16, 2018

moyiesledhead said:
Apparently playing video games is all it takes. Did you see that guy fly that thing? Impressive. Of course he's dead, so maybe not the best career path.

.......

Ronaha · Aug 17, 2018

Making awesome money is half the battle...using it smart is the important part.

DaveB · Aug 17, 2018

Ronaha said:
Making awesome money is half the battle...using it smart is the important part.

Quads. Sleds. RVs. Trucks. Beer.

Did I miss anything?

arff · Aug 17, 2018

DaveB said:
Quads. Sleds. RVs. Trucks. Beer.

Did I miss anything?

Boats. Boobies

Ronaha · Aug 17, 2018

DaveB said:
Quads. Sleds. RVs. Trucks. Beer.

Did I miss anything?

Tannerite,guns.......

seriously though I know lots of rig welders and pipeliners that make $250,000 a year that live pay cheque to pay cheque.....it's pathetic.

skegpro · Aug 17, 2018

Ronaha said:
Tannerite,guns.......

seriously though I know lots of rig welders and pipeliners that make $250,000 a year that live pay cheque to pay cheque.....it's pathetic.

Now do they make $250 k net or gross?

Ronaha · Aug 17, 2018

skegpro said:
Now do they make $250 k net or gross?

Usually that's gross on contract on average.all depends on the gig your on.bang one hooker it's $0 and $250,000 for the ex

freeflorider · Aug 17, 2018

Personally I think the smart man should wait till all his friends bang the hooker and then hook up with the ex... made $250 k with out braking a sweat.

skegpro · Aug 17, 2018

Ronaha said:
Usually that's gross on contract on average.all depends on the gig your on.bang one hooker it's $0 and $250,000 for the ex

That's not that great, welding rigs can't be cheap.

Ronaha · Aug 17, 2018

skegpro said:
That's not that great, welding rigs can't be cheap.

It all goes back to how smart you are with your money, you could get 10 years outa a 5.9 Cummings, or the other day I seen a pipeline rig made out of a early 1980s crew cab gmc not sure what the driveline was but coolist rig ever, tons of old rigs out there.

Caper11 · Aug 17, 2018

skegpro said:
That's not that great, welding rigs can't be cheap.

Neither is a 300k peterbilt but guys make it work.

skegpro · Aug 17, 2018

What does a rig welder bill out now per hour?

arff · Aug 18, 2018

As it has been said.

All types of jobs make money

A lot has to do with spending habits

Investments

And being smart

sweld · Aug 18, 2018

skegpro said:
What does a rig welder bill out now per hour?

Depends where and who your working for. 90 to 110 is the average with some exceptions.

TROLLCAT · Aug 18, 2018

DaveB said:
Quads. Sleds. RVs. Trucks. Beer.

Did I miss anything?

Boat !!

Scrambled · Aug 20, 2018

Spend your money on a good time,it's the only thing no one can take away from you.

What makes money now adays?

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