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  1. Biz

    Paying yourself first

    lol I can't believe people fall for that stuff but they do. We have a friend who broke up with her bf and went on one of those sites where you can buy spells (I didn't know they existed either before this! :eek::eek:) They had 3x different spell strengths to get her boyfriend to regret giving...
  2. Biz

    Paying yourself first

    That's why business isn't like property and I don't class property as a business. I have had periods of six - twelve months where I haven't even had to speak to the property manager and the rent just rolled in. You'll never get that situation in a business.
  3. Biz

    Paying yourself first

    They have a part of it of course. Every business needs systems even if it just just how to make a coffee for a customer. You can't just say though a business owner can't step away from a business because their mindset is wrong. The business needs attention and direction that is how the systems...
  4. Biz

    Paying yourself first

    :rolleyes: You can't just boil everything down to mindset guff. When you run a business you are dealing with people and people have a mindset and perogative all of their own. This idea that you can just handball a business to someone and it will run itself is fine if the market and people never...
  5. Biz

    Paying yourself first

    I get what you're saying. I agree that I am self employed but it is still a business. What your describing where someone can just walk away from the entity and it runs itself is nice but a little idealistic. There are businesses where you can leave them for a week, a month maybe even 3 months...
  6. Biz

    Paying yourself first

    I don't consider property or shares a business. If you are generating enough from them that you are living off it that is excellent but it is still investing. For example i would consider what Meriton does to be a business because they are producing a product to sell. What he keeps would fall...
  7. Biz

    Paying yourself first

    Yes, for the past 10 years. 100% generate everything i earn. Not just something on the side. By your definition though i would be unsuccessful. :( Edit: To clarify, I make about 1.5-2x what i would get if i were employed by someone full time. I have no definable skills. But i do less than 10...
  8. Biz

    Paying yourself first

    Have you ever run a business?
  9. Biz

    Paying yourself first

    Define business success for me. Anyone else feel free to offer their opinion too.
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