it was a big risk i know, the savings helped. I knew that if it didn't work i could go back to what i was doing before pretty quick. I got our bills down super low, no debt besides the house payment.. (but the wife shows up with a new car towards the end... grr.) but not a huge payment thank god.. And, I had been out of work on short term disability for almost a year, so we were so used to scraping by, it made the transition much easier. I picked up more work this year than i actually needed to help pay the bills, which is good.. I will break even this year with enough saved to get through the winter, i expect next year i will make some profit if everything goes right. Still got a long ways to go though..
still got a few backup jobs i can go get if it all falls apart. I thought i'd be stressed all the time trying to make this work, but its been alright.
Originally Posted by UNIQUElawncare
Oh I know I'm not ready LOL but I do agree with the 18 mos. living expenses. I have owned a medium sized cabinet company in the past until the 2007-2008 economic down fall we had then I couldn't pay my payroll and bank loans to keep the doors open. So Im going into this with my eyes wide open after feeling the sting of defeat! I had a very expensive learning experience and after licking my wounds for several years i'm finally ready to venture out again. but with extreme caution.... My wife cant pay all of our bills herself but she can cover the main stuff should she have too, but I'm not gonna push that.