95% of the time. SOMETIMES however you get some fucking asswipe that won't pay an invoice and won't return your calls or answer the door (in my case it was for $600), and you obsess over it every single day for months. Then one day opportunity strikes and you see they put their house up for sale and there's a pending offer. So you waste 2 hours of your life driving to the county clerks office to file a mechanics lien against their property so they can't close, and call their real estate agent making them aware of the situation. Their real estate lawyer calls threatening a lawsuit if the deal falls through and they can't close. You ignore the voicemails. Less than 24hrs and a liter of whiskey later you get the payment via Venmo and have to go back to the county clerks office to drop the lien. Still better than working in an office I guess. In the 5 years of owning my business I've never been stiffed but have had to do this on 3 separate occasions. It's ALWAYS upper middle class retards in debt up to their eyeballs. Thank you for coming to my Ted talk.
Tldr
>>61949775sounds based. have you considered selling to collections and tanking their goyscore?
I havent seen or spoke to this contractor for 3 months, I call every once in a while and his secretary just says she's call me back(never does)I really really really dont want to go to court over this, which is why ive been so leinient. The path of least resistance is he just finishes the 10% that remains for the project but I probably have to cancel the contract and sue for the money which is a major pain in my ass
>>61949775Just had a retard come into the office one day and after providing service he didn't want to pay because the results did not certify him and explained to him the inspection fees are due whether you pass or not I don't give a fuck if your izzat was insulted as soon as you sign the invoice your ass is mine. Had to call the cops and deal with a headache until he finally paid if it were up to me I would have kicked him out a long time ago but when you have to answer to a boss every asshole that sets foot inside is a walking Shekel.
>>61949775based>>61949834cringe
>>61949775just dont do business with india/middle eastern, if theyre asian and weathly run...but poor/middle is ok
If youre going to do business with rich people, you might as just start charging double or triple what you think it's worth and being more selective. If they actually want it and aren't trying to scam they will pay. You can't be a fuck up though.
>>61949775>He sells to the general publicI used to work for the public too. Constant complaints and lawsuits and nonpayment for less money.I quit advertising to the public. Stopped working for the public. I haven't been sued once since then. I make ten times what you do and never have a complaint or a missed payment.why would you work for private individuals? They're literally the worst possible market.
>>61949852>I make ten times what you dowow who knew corporate gay for pay could be so lucrative. you must be sucking and fucking some big time f500 executive cock.
>>61949850>You can't be a fuck up though.that's probably itOP is a fuck up. Got a felony or can't pass a drug test or a background check. Has bad credit or isn't legally insured or licensed. Or just does shitty work or lacks the balls to go after big jobs.Someone working directly for homeowners is almost always a loser and a fuck up
>>61949858Corporations write their expenses off on their taxes, so they're willing to pay full price. They expect it.Bob down the street doesn't pay that much in taxes so he cries like a little bitch about every penny and gets shitty work done every time.
>>61949775when the dotcom bubble happened half my upper middle class neighbor had to sell their home and move back to flyover Sneedville. I think this is why corporations focus on selling to other corporations and governments more than poor people these days. 08/09 was the end of poor people being taken seriously.
>>61949775>>61949785Collections is the end result of winning a small claims case. Funny thing the other 2 non payers that did pay up (it was only like 200-$300) I threatened them with that plus a police report for theft of services. They immediately contacted me like "dude please no, I don't want any trouble".>>61949786Make a record of times you've tried to contact them so you can throw it back in their face. There's a lot of hacks out there and he sounds like one of them. Also try leaving a bad review of their business is listed on Google, tell him you'll dismiss it once the jobs completed. >>61949834I feel for you brother. When you offer a legit service and people don't pay it's like one of those Mafia movies where the made man is breaking the guys legs and saying "why are you making me look like an asshole?">>61949847I refuse to do business with Indians. They treat you like untouchables back home. Get you caught up in bidding wars and still lie to your face when you know you've got the best bid.>>61949850Going this route next month when I hire my first employee. The Iran war helps cause I can say "that's just the cost of doing business these days". My prices are already the best in town but after 5 years in business I'm sitting on a rock solid reputation. >>61949852This is also great advice, moving forward in looking for corporate accounts and requiring payment up front. I do however live in a high trust community where 90% of my clients pay on time.>>61949861I'm none of those things other than afraid of going for corporate contracts due to lack of employees/labor. That changes this year.>>61949869Very true
>>61949869>retard talking about "tax write offs"
>>61949775Its not bad but I just don't see why you would go through the risk and effort required to make one when you can get similar returns or more from stocks for basically doing nothing, and don't have to deal with people
>>61949947My business has been growing 25-30% year over. Continuing to invest in something I have near total control over because I own the means of production is a no-brainer. I'm also set to inherit my father's $2+mil Roth IRA so doubling down on passive investment feels a bit redundant. Looking to go into landchad maxxing next year, all my assets are under my wife or LLC and my credit score is burning a hole in my pocket.
>>61949947Also I never went to college and wife quit her 80k job to care for our 2 year old and 4 month old. She won't be doing anything till they go to school so my income draw from the business is all we've got for now.
>>61949943>retard talking about "tax write offs"I see you've never run a businessWhen I personally pay for something I'm way more concerned about price and outcome because I am paying for itwhen my business buys something I'm less worried because I'm not paying for it. My business is paying for it. My customers are paying for it. Since it's tax deductible, other taxpayers are paying for it. It's a normal operating expense, not some personal problem I have to worry abouthaving never run a business you don't know this. You probably think businesses are super concerned about the thousands or millions of expenses they pay every day and every year.
>>61949880> 08/09 was the end of poor people being taken seriously.Lmao.
>>61949775Funny until> had to do this on 3 separate occasions.Fake.
>>61950039I find his numbers entirely believable.the average US homeowner is broke and shouldn't be hiring anyone to do anything
>>61950057Yup. My gold mines are empty nest boomers with 2000sqft homes. Some of them email me apologetically for sending out checks a week after they get their invoices (I give everyone 3 weeks to pay). It's the Gen X/millennials living in McMansions you've gotta watch out for (also Indians). Last year I started prescreening clients prior to even giving estimates. The worst possible clients are the Pete Hegseth types. They have some kind of psychological predisposition where they get pissed off they're technically "the alpha male" of the house, but are too caught up doing what they do to cut the lawn, trim the shrubs, clean out the gutters, or remove the snow from the driveway. They always pay up, but it takes some face to face cajoling or contacting their wives to get on their case. Very frustrating. One of my clients is a 40 year old bodybuilder and holy shit he's either pre Alzheimer's or pretending to be retarded cause this dude has a worse memory than a real life pothead.
>>61950133when I worked for individuals I used to run a credit check on them before signing a contract.if they refused the credit check I'd hand them off to some other company that wants to not get paid.After the credit check I handed them a form advising them that I'd have a lien on their property when the work was finished, and I'd release the lien when I was paid. even with all that I still had the occasional client go bankrupt on me. Plenty of clients paid slow.I started working for banks and insurance companies. Then I started subbing for primes. After that I got into maintaining commercial buildings only. Requires a lot more compliance and hustle, but it's better work in every possible way.
>>61950169Definitely taking that to heart, an older friend of mine owns an excavation business that's strictly commercial. Keeps telling me to move away from residential private shit so client headaches go away. Problem is private/residential is my entire foundation and reliable employees are hard to come by. Gotta work my way up from the bottom I'm investing in employees this year, and marketing to commercial accounts exclusively. I'm assuming it won't be a smooth transition and studying on how to motivate employees to show up on time. Worst case scenario I only work 30hrs/wk and spend more time with my family, but I could also end up biting off more than I can chew and do it all solo dolo 60/70hrs a week. Either way I've got no debt and an 80k cash bank so fuck it go big or go home.
>>61950232there's a lot of small commercial jobs that can be done by one guy. There's more competition for those jobs, and you'll probably have to travel, but that's how I got starteddo the small commercial stuff until you've got enough work to hire people. You don't have to do it that way, but I found it easier to work up to employing a steady crew.
>>61950001>I see you've never run a businessno, i'm just a CPA who is a founding partner in a tax accounting firm.
