Page 3 of 3 FirstFirst 123
Results 21 to 24 of 24

Thread: Own a business?... Looking for advice.

  1. Registered TeamPlayer VinDeagle's Avatar
    Join Date
    03-27-11
    Location
    Toronto, On, Canada
    Posts
    433
    Post Thanks / Like
    Stat Links

    Own a business?... Looking for advice.
    Gamer IDs

    Steam ID: BigEDawg1
    #21

    Re: Own a business?... Looking for advice.

    Quote Originally Posted by Bubbasam View Post
    If that is your dream, then borrow money to start THAT business. Don't put a ball and chain around your neck that will always take up too much of your time to do what you really want to do. I know everybody looks at business owners and say "man they got it made", but it's hard ****in' work. Vacations are hard to come by, family events get pushed to the side, and if you're barely surviving profit-wise it can put a stress on you that you can't believe. You have to be passionate, or you will fail - franchise owner or paint ball entrepreneur. You really need to learn as much as you can Vin, things just like Xav said "business management and corporate finance? What do you know about managing a restaurant, managing people, operations management, accounting, processes" These are the cornerstones to owning a successful business that need to be second nature to a business owner.
    The problem with owning a paintball field is exactly the way Civil put it. Not that great unless you're running big games and tournaments, and multiple ones throughout the year. On top of that it is a very seasonal business, especialy here in Canada. Generaly there are a lot less people wanting to go out and play in the snow/cold. As far as how much it would cost to build the field I honestly have to idea.

    This is the list of a few things I can think of right now:

    Main building/staging area, air compressors, paintball markers/masks/equipment, netting, building(s) to play in, paintballs, computers (point of sales and other), office equipment/supplies, ownership of the land, bunkers,employees... There is so much more but these are sort of the main things. I would guess that opening a paintball field would be the same as if not more expensive than opening a franchise and the return on it would take quite a while. There are too many reasons against owning a paintball field unless I was either rich or had a business that was doing well enough for me to fuel it through the income received through another business.

    Again I want to thank everyone who has given any helpful advice/input. These will be points that I will carry with me until I make my decision.

  2. Registered TeamPlayer Xavsnipe's Avatar
    Join Date
    10-20-07
    Posts
    13,250
    Post Thanks / Like
    #22

    Re: Own a business?... Looking for advice.

    Awesome Deagle...remember, education is the most important thing. Learn about management and finance and accounting.

    Quote Originally Posted by VinDeagle View Post
    There are too many reasons against owning a paintball field unless I was either rich or had a business that was doing well enough for me to fuel it through the income received through another business.
    you should never do this. If a business is not auto sustainable, itīs not a business...itīs a parasite.

  3. Registered TeamPlayer Partyball's Avatar
    Join Date
    04-24-08
    Posts
    3,159
    Post Thanks / Like
    Blog Entries
    2
    Stat Links

    Own a business?... Looking for advice. Own a business?... Looking for advice. Own a business?... Looking for advice. Own a business?... Looking for advice. Own a business?... Looking for advice.
    Gamer IDs

    PSN ID: Partyball Steam ID: Partyball
    #23

    Re: Own a business?... Looking for advice.

    Quote Originally Posted by Xavsnipe View Post
    Awesome Deagle...remember, education is the most important thing. Learn about management and finance and accounting.



    you should never do this. If a business is not auto sustainable, itīs not a business...itīs a parasite.
    Amen to that. I could tell you horror stories.

  4. Registered TeamPlayer
    Join Date
    08-14-08
    Posts
    914
    Post Thanks / Like
    Stat Links

    Own a business?... Looking for advice.
    Gamer IDs

    Steam ID: kibner
    #24
    Quote Originally Posted by Xavsnipe View Post
    you should never do this. If a business is not auto sustainable, itīs not a business...itīs a parasite.
    I would refer to it more as a hobby. A very expensive, stressful, and time-consuming hobby that you won't be able to remotely enjoy if you run another business.

    But still a hobby.

    Sent from my DROID3 using Tapatalk

Page 3 of 3 FirstFirst 123

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Title