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Old 07-29-2007 | 08:45 PM
  #37  
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SkyHigh
Self Employed.
 
Joined: May 2005
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From: Corporate Pilot
Default Skills/labor

Originally Posted by maximaman
Today its seems hard to run a retail business when competing with all the big box stores. Small business can be successful though when you are in a specialized field.
Competing in retail is difficult. I would recommend cultivating a skill or trade that is difficult to duplicate.

I have a friend who took a 6 week course on HAVC and now is worth several million as a specialist in geothermal heating and cooling systems. He has never hired a single employee but has several independent contractors that work with him.

I also work with a Mexican national who came to this country ten years ago with out any formal schooling or english skills. Today he owns a successful landscaping business and earns as much as a major airline captain.

SkyHigh
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