iam at a real low point at the moment, i used to have a successful buisness, but one day i woke up and could nt continue with it, the reason was it was just to much stress and too much ballshit, its like i just didnt want to lie anymore, i didnt feel good about myself, i mean i was earning a fortune and spending it just as fast on absolute **** the only purchase i made was a merc and a rolex that i still have just. iam still only 24 and have started a new buisness, but this time i wont to do things right, but it just seems alot harder. i just feel like a losser some times i sit awake and just wish that i invested my money in property, iam i have come down with a bang, i have loads of debt that i have built up due to my lavish lifestyle that i just cant afford to pay, i feel like such a idiot.
2006-12-12 02:05:33 · 4 answers · asked by yellow 1 in Business & Finance ➔ Careers & Employment
Seems to me that you enjoy business...Just made a lot of mistakes the first time...I did the same thing!...Don't be discouraged, you can repair the damage...Sell your needless toy's and pay your debt down first...
Now...Get into real estate, you seem to enjoy that...Buy a fixer uper fix it up and roll it over...invest the profit into another and so on...You can avoid capital gains if you live in it while you do...
Go get er pal...You can do it...best of luck and keep your chin up...Yuke
2006-12-12 02:27:35 · answer #1 · answered by yukoneze 3 · 0⤊ 0⤋
Why don't you try selling some of the goods you purchased to pay off the debts associated with them. Also, you are 24...plenty of time to figure out what to do with the rest of your life. Be honest with yourself and others and it will come together.
2006-12-12 02:12:17 · answer #2 · answered by Sara Lou 1 · 1⤊ 0⤋
Everyone learns from their mistakes. You shouldn't beat yourself up too much about it. Obviously if ya started one business you must've done something right...and good luck on the next one. Your too young to be upset like this..you'll pay your debt in time.
2006-12-12 02:14:27 · answer #3 · answered by Stephanie 2 · 0⤊ 0⤋
Go on and try again...just learn from the past and don't make the same choices in the future. Good luck!!
2006-12-12 02:14:46 · answer #4 · answered by boots 6 · 0⤊ 0⤋