Quote:
Originally Posted by castaway01
If you do a search on this very site you can find numerous threads discussing how they do this, in great detail. The short answer is, if you'd developed or owned a computer program that got you very close to profitable, and then rebates made you profitable, hiring some people to maintain the program and push some buttons is the easy part. Getting to that point is the hard part.
|
Don't forget having some 'startup capital'.
Being profitable alone is not enough for 'Easy Street'.
It's just an opportunity for you to then run a business where there will be an opportunity for value. You still have to execute.
Without startup capital you will withdraw your bankroll each month to pay for things like an aging vehicle, a broken AC-Unit, unexpected expenses, wonder bread, etc...
Startup capital is just one aspect. Obviously some sort of bet-sizing is required, but you must have at least a basic understanding of running a business. Even if you can afford to delegate business operations to another party, you need enough understanding to see whether you are getting robbed.
