Sorry - the above points seem to contradict each other and make little sense to me. If, as you seem to imply, you have annuity/repayment rather than interest only mortgages on the rental properties then that too seems a bit odd to me as I mentioned earlier.The rental income barely covers the mortgages as I have set it up that way in order to pay off the mortgages as soon as possible. The rental is actually more that the mortgages but instead of taking the extra rent as income I decided to put it towards paying the mortgage quickly & then having an income from that in 5 years.
Do most entrepreneurs post on a discussion forum like this looking for business ideas rather than building their own better mousetrap?I never said that I didn't want to work. I said I don't want to work for someone else because I am an entrepreneur. I know the employee/entrepreneur mindsets are very different & some people may have misunderstood what I was saying as a result.
And the small matter of mortgages on two properties presumably?I do not have huge debts, simply one credit card & one overdraft
Making a good income from websites is not as unlikely as some people think.
I've a feeling the OP may have read "The 4-Hour Work Week"
And I think you need a bit more than a laptop
That's all I have - and I'm doing OK with it thanks.
No - of course not - but I can access them from it . You can get hosting and 5 domains for under 200 euro a year. You can also get free blogs .
No, it certainly isn't easy. You have a global market, but you're also in competition with the world.Making a good income from websites is not as unlikely as some people think.
Sure. But not as easy as some people think either.
I said I don't want to work for someone else because I am an entrepreneur.
The internet business will be profitable within 3 months. I have several very good friends who are successful internet marketeers & I am following their guidance on setting up.
The internet business will be profitable within 3 months. I have several very good friends who are successful internet marketeers & I am following their guidance on setting up. As I said before, I have been ill & I am now trying to get back on my feet.
Given that you have been seriously ill and your friends are already willing to help, have you considered approaching some of your "successful internet marketeers" for a short-term loan to cover you until your business is up and running. If they are advising you, surely they will have confidence in the outcome and be more than happy to help you on the way.I do not have huge debts, simply one credit card & one overdraft - so I cannot justify selling assets to pay these.
Money is money when you need it and work is work when you can get it. You need to be less precious about your own view of yourself and more practical about what you need. You wouldn't be sacrificing your entrepeneurial nature, you would be using your talents to bring in an income while waiting for your own business to take off. It is entirely possible for you to give up salaried employment then.I never said that I didn't want to work. I said I don't want to work for someone else because I am an entrepreneur. I know the employee/entrepreneur mindsets are very different & some people may have misunderstood what I was saying as a result.
Ah I see negativity has no place in reality? Everything about the world must be positive? What a silly attitude. Negative responses are not necessarily wrong because they are negative or unwelcome, sometimes they are right because your premise is wrong.... was hoping for some support & positivity. ... I am very grounded in reality. I have been around a lot of negativity & I prefer to concentrate on the positive & on ways to move forward, rather than being negative or looking for a quick fix....
rather than being negative or looking for a quick fix
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