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Old 02-11-2005, 11:16 AM   #11
Did you just call me Coltrane?
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Join Date: Mar 2003
Location: Throwing a kettle over a pub
Posts: 14,743
Request for Advice

Quote:
Originally posted by Hank Chinaski
The people tended to be professionals so I assumed they had an expected income level.

And at about that time I had started a firm with a few others. We didn't make anything for a long while. You have to be able to live through that time, plus invest in whatever you need for the company. If you have employees they will expect to be paid while you still are not. Starting a small law firm we spent 300K before we saw our first dime back.

I don't know when your mom started her restaurant and don't know if dad kept working, but 30K wouldn't get you too far today.
I never said starting a law firm was cheap. $300k seems like a small investment for a firm.

Dad was the breadwinner. Now that I think of it, the restaurant was more of a hobby. A 15-hour per day hobby.
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