• 3 Posts
  • 19 Comments
Joined 11 months ago
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Cake day: November 1st, 2023

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  • I studied a lot, finished a PhD, but honestly, this is not how you make money at all. Not even talking about academic life which pays rather crap. School just mainly prepares you to be an employee, not an employer. I knew nothing about business when I finished school, didn’t even know how it worked. All I knew is I was supposed to go get a job.

    So if u wanna enjoy company benefits while having a 9-5 job and working your ass off for someone else’s profits while counting down for that one summer vacation a year, school’s ur thing.







  • Like others here I also run several micro businesses:

    1. Small medical software with a handful of steady clients: 2.5k/month
    2. Cyber security platform development: 6k/month
    3. Another cyber security platform: Still in infant stages
    4. Another (lol) cyber security platform: Also just recently launched (but looking promising)
    5. Dog hotel/daycare: 1.5k/month
    6. Small resort: 2k/month
    7. Dog breeder: 1k/month
    8. Recently opened a Machine learning, AI and Data Quality consultancy company. Currently: 5k/month

    Also it’s worth mentioning I live very remote in the mountains in Thailand. Meaning my cost of living is 10 times lower than in the US and I pay a substantially lower amount of taxes



  • Sueing is going to cost a lot more than 5k. He sounds like he’s full of nonsense though, there’s lots of people in business like that. Lots of pretenders that are basically just acting as middlemen while doing nothing. If it has cost you 5k to learn that experience, I would say that’s pretty cheap. I’ve dealt with these kind of people many many times and it has sadly cost me a lot more than 5k and a lot more time as well. I think you’re gonna have to brush it off as a learning experience.

    If you get in a situation like that again, I would recommend not going faster than any of your partners, if they tend to slow down then just shift gears and pivot to other potential side businesses. The more eggs in your basket the better


  • I was not at all confident, I am a techy at heart which means I am rather introvert. To compensate for that I basically just surrounded myself with people that have what I lacked, and slowly but surely I started getting the hang of it. I partnered up with a couple of people and even though those businesses failed, I saw how it gets done and how risky people get. Because of this I realized I can do all of that but more calculated and risk free. Nobody in my family has their own business but I now run several successful business online and I have started a few family businesses with my wife on the side as well. It’s ok to fail if you learn from it