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Investing in my own company vs saving my money???

Discussion in 'BlackHat Lounge' started by Nauthiz666, May 17, 2012.

  1. Nauthiz666

    Nauthiz666 Senior Member

    Nov 14, 2008
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    Ok so right now I work at a SEO firm making about $15 a hour. I also live with my parents.... I have been saving money the best that I can but also spending lots on my startup. Aka testing SEO outsources, buying business supplies, registering the name etc. How would you guys work in my situation? I feel bad about not putting a good chunk of change in savings, but I need to spend on my company, I feel it is worth the investment at making potentially a lot of money with clients vs saving 3 to 4 grand.
  2. lancis

    lancis Elite Member

    Jul 31, 2010
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    Milky Way
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    You cant just leave the money in bank, inflation will devalue it. Invest in something.
    • Thanks Thanks x 1
  3. CyberknightTully

    CyberknightTully Junior Member Premium Member

    Feb 19, 2010
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    "Retired" and TIRED of it! Going to work for ME!
    The Superstition Mountains Looking For The Lost Du
    OK, not being rude here but stop "feeling" and start THINKING! You're right if you are THINKING that investment in yourself is a good deal because it is. Rarely will one ever be successful investing in someone else unless one luckily invesst in something like Microsoft or IBM at the point at which stock prices are zilch but then must hang on for years to reap the harvest.

    If you invest in someone else, the worst that can happen is that you lose everything and you have nothing with which to start over.

    If you invest in yourself and the worst happens and you lose "everything", you have still gained the knowledge and experience to go out there and start over..............

    Use The Man, work for him only as long as necessary as to him you are disposable and he will dispose of you the moment it is "cost effective" for him to do so.

    My $.02.