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  • #16
    You win H80N...
    Last edited by Doughboyracer; 12-28-2011, 11:53 AM.
    MillerMatic 211 Auto-set w/MVP
    Just For Home Projects.

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    • #17
      Originally posted by Doughboyracer View Post
      Sounds to me like they weren't as smart of businessmen as you thought they were...to many places to go with that one. I know it happens but for a guy with millions and "several" houses...POOR choices is what that is. At some point you have to cut your losses and retirement is where that line should be drawn. Been to the malls or restaurants lately? I am still missing the part about recession...We all make choices, and have to live with those choices. 8-10% unemployment is NOT a recession. http://www.bls.gov/news.release/empsit.nr0.htm
      I don't know where you live or what you do for a living.... but the "recession" or whatever you want to call it is real..... take a look at the number of commercial properties that are for rent or lease and that have been for some time.....
      and before you get too gushy and self congratulatory... remember... your job is just as vulnerable as those that you smugly declare as having made POOR choices..... time will tell.....

      might be even more vulnerable, if you are pontificating on the boss's time using a company computer... ya think??.... they are cleaning out the deadwood in the "white collar" ranks too I hear...

      BTW... that gov BLS link that you give is erronious to say the least, no administration in history calculated unemployment the way the present one does.... if you calculate it the old way the real number is closer to 17percent
      Just like inflation.... the NEW method of calculating it excludes the rising cost of food and fuel.... kinda unrealistic if you think that the majority of a family expenditure is for food and fuel..... take a look at equipment prices from 3 years ago and the same equip price now....
      Last edited by H80N; 12-27-2011, 10:26 AM. Reason: clarity..
      .

      *******************************************
      The more you know, The better you know, How little you know

      “The bitterness of poor quality remains long after the sweetness of low price is forgotten”

      Buy the best tools you can afford.. Learn to use them to the best of your ability.. and take care of them...

      My Blue Stuff:
      Dynasty 350DX Tigrunner
      Dynasty 200DX
      Millermatic 350P w/25ft Alumapro & 30A
      Millermatic 200

      TONS of Non-Blue Equip, plus CNC Mill, Lathes & a Plasmacam w/ PowerMax-1000

      Comment


      • #18
        Originally posted by Doughboyracer View Post

        I find it interesting that you claim one thing while the link you provided shows a different picture. For example;

        "Manufacturing employment changed little over the month and has remained essentially
        unchanged since July. In November, fabricated metal products added 8,000 jobs, while
        electronic instruments lost 2,000 jobs.

        Construction employment showed little movement in November. Employment in the
        industry has shown little change, on net, since early 2010."

        Comment


        • #19
          Ever heard of vacation?

          You win H80N...
          Last edited by Doughboyracer; 12-28-2011, 11:53 AM.
          MillerMatic 211 Auto-set w/MVP
          Just For Home Projects.

          Comment


          • #20
            Originally posted by Doughboyracer View Post
            I am always amazed at how defensive people get when you point out that there is only 8-10% of the people out of work. Not too bad when 25% of the population is too stupid to even be employed.
            A healthy economy has maybe 4 percent unemployment.... and 8-10% is OK?

            what planet do you live on???????????...
            .

            *******************************************
            The more you know, The better you know, How little you know

            “The bitterness of poor quality remains long after the sweetness of low price is forgotten”

            Buy the best tools you can afford.. Learn to use them to the best of your ability.. and take care of them...

            My Blue Stuff:
            Dynasty 350DX Tigrunner
            Dynasty 200DX
            Millermatic 350P w/25ft Alumapro & 30A
            Millermatic 200

            TONS of Non-Blue Equip, plus CNC Mill, Lathes & a Plasmacam w/ PowerMax-1000

            Comment


            • #21
              I'm not sure...

              You win H80N...
              Last edited by Doughboyracer; 12-28-2011, 11:53 AM.
              MillerMatic 211 Auto-set w/MVP
              Just For Home Projects.

              Comment


              • #22
                Originally posted by Doughboyracer View Post
                Sounds to me like they weren't as smart of businessmen as you thought they were...to many places to go with that one. I know it happens but for a guy with millions and "several" houses...POOR choices is what that is. At some point you have to cut your losses and retirement is where that line should be drawn. Been to the malls or restaurants lately? I am still missing the part about recession...We all make choices, and have to live with those choices. 8-10% unemployment is NOT a recession. http://www.bls.gov/news.release/empsit.nr0.htm


                Well everybody gets an opinion. Mine's different than most.

                As far as houses, the people I know with rentals are doing better than those that had their retirement based in the stock market, so I don't have a problem with someone that wants to own several houses.

                There were large amounts of retirement invesments lost in the stock market over the last few years, I don't blame the working man for not seeing it coming they were just making the best investments they knew of at the time. It's pretty painfull for those guys that are close to or at retirement age of course. They saved for years because they are responsible for their own retirement and that investment went "poof"!

                Having a million or more stashed away (or a million + in property) after a lifetime of self employment really isn't a lot of money. With no other retirement income to depend on but their own it's a smart thing. People live a long time these days.

                I also don't fault a man who keeps his business open and keeps his good hands around as long as possible hoping to ride it out like he's done several times in the past. Probably not the smartest business decision in hindsight but they did it based on past experience and loyalty to good, long term employees. Hope springs eternal in the American entrapuneer.

                10% unemployment across the country doesn't tell the story in construction. Or a few other fields.

                Lot's of people are doing fine in this economy, some are surviving but in some fields it's pretty harsh. Hopefully the worst is over but I doubt it.

                I'm curious, how many years experience do you have owning a weldin bidness? A large percentage go under within 5 years even when there is a big honky number of projects to bid.

                Remember, only 353 more shopping days till Christmas!

                JT, Ho Ho Ho!
                Some days you eat the bear. And some days the bear eats you.

                Comment


                • #23
                  I don't own any type of shop...

                  You win H80N...
                  Last edited by Doughboyracer; 12-28-2011, 11:53 AM.
                  MillerMatic 211 Auto-set w/MVP
                  Just For Home Projects.

                  Comment


                  • #24
                    You'd have to work a lot harder than that to offend me my skin is relatively thick.
                    It was just a discussion to me.
                    I can't speak for others tho, and I'm not sure I have any "friends".

                    Have you run a welding business?
                    I got the impression you are an employee.

                    There is a lot of business advice on the net, some good, some not so good. What works for me probably wouldn't for a lot of people.
                    But one thing I know is that cost knowledge works for everbody.
                    And there are a lot of welding segments today with very little product demand and a bunch of people quoting at cost or below just to stay open till better demand arrives

                    JT
                    Some days you eat the bear. And some days the bear eats you.

                    Comment


                    • #25
                      Please read my signature...

                      You win H80N...
                      Last edited by Doughboyracer; 12-28-2011, 11:53 AM.
                      MillerMatic 211 Auto-set w/MVP
                      Just For Home Projects.

                      Comment


                      • #26
                        OK.
                        You know what they say, when your neighbor is out of work it's a recession, when you're out of work it's a depression.
                        No BS in my post, people who have their heart and soul in their business, it's their baby. And they can be pretty attached to employees who've been there in good and bad and always pulled their weight.
                        So maybe they hang in too long to suit you but that's just how they are. That man sleeps well at night even if he has less in the bank.
                        Your retirement suggestion is fine, IF you're at retirement age and have a pension/401k/similar to draw on like most employees do. There's really more to it than I have the ambition or inclination to type. It's a different world than it is for people who punch a clock.

                        JT
                        Some days you eat the bear. And some days the bear eats you.

                        Comment


                        • #27
                          I will say I think it's a load of crap when a guy asks for advise and gets some real good stuff and then the rest of the thread is nothing but undermining the good advise. I don't post on threads unless I am pretty much 100% certain my advice is rock solid. And I don't call BS anymore these days. It is just bad for the forum. If someone posts what you think is BS, then simply post your good advice, and if it is taken, then you have done a good thing.
                          God knows I have made many posts that I believed were utter genius, only to be ignored. Only the other pros appreciate that stuff, and this place is really a hobby site. Much just blows over.
                          The actual losing of all the investments was the RESULT of business gone sour, not the cause.
                          I could lose my tail tomorrow.
                          There are plenty of dudes out there trying to eat my lunch these days. They are cheaper than me and get some of my work. But their work sucks and eventually I win. OVER and OVER.
                          I am all for the new guys. Just not in my territory

                          www.facebook.com/outbackaluminumwelding
                          Miller Dynasty 700...OH YEA BABY!!
                          MM 350P...PULSE SPRAYIN' MONSTER
                          Miller Dynasty 280 with AC independent expansion card
                          Miller Dynasty 200 DX "Blue Lightning"

                          Miller Bobcat 225 NT (what I began my present Biz with!)
                          Miller 30-A Spoolgun
                          Miller WC-115-A
                          Miller Spectrum 300
                          Miller 225 Thunderbolt (my first machine bought new 1980)
                          Miller Digital Elite Titanium 9400

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                          • #28
                            Not a Joke..!!

                            this thread got hijacked by a well meaning fella that has zero business experience...and hardly any welding experience.. Doughboyracer is just unclear on the concept...and freely admitted so after things got jumbled.. may mean well ... but all of his commentary was totally off base..... he may consider this a joke... maybe we should take that into account any time he posts...

                            might be we should back off to where we were addressing the OP...and his questions... not entertaining some bored programmer in his cubicle...
                            .

                            *******************************************
                            The more you know, The better you know, How little you know

                            “The bitterness of poor quality remains long after the sweetness of low price is forgotten”

                            Buy the best tools you can afford.. Learn to use them to the best of your ability.. and take care of them...

                            My Blue Stuff:
                            Dynasty 350DX Tigrunner
                            Dynasty 200DX
                            Millermatic 350P w/25ft Alumapro & 30A
                            Millermatic 200

                            TONS of Non-Blue Equip, plus CNC Mill, Lathes & a Plasmacam w/ PowerMax-1000

                            Comment


                            • #29
                              Originally posted by Doughboyracer View Post
                              As posted above, I don't own any type of shop.
                              I weld for myself, not as a job.
                              I am an animator to pay the bills.
                              I am on vacation (but still at work) this week.
                              I have a few models that need to be finished by the end of the year so I can animate them right away in the New Year.
                              I enjoy reading the posts in here to gain knowledge on something I enjoy doing but am very poor at.
                              I also like to point out things that I think are BS when I see them, but that is IMHO of course.
                              I don't claim to know anything about owning or operating a welding business or any other type of business, as a matter of fact I have never even had the balls to attempt it.
                              Thank you for taking the time to hash this out/clear it up with me.
                              Then why are you posting on a thread seeking business advice??????????????
                              Hope you got a big charge out of yanking our chain and wasting everybodys time... we will see you coming next time........

                              somebody else on another thread expressed frustration with you....

                              http://www.millerwelds.com/resources...367#post277367
                              Last edited by H80N; 12-27-2011, 09:05 PM.
                              .

                              *******************************************
                              The more you know, The better you know, How little you know

                              “The bitterness of poor quality remains long after the sweetness of low price is forgotten”

                              Buy the best tools you can afford.. Learn to use them to the best of your ability.. and take care of them...

                              My Blue Stuff:
                              Dynasty 350DX Tigrunner
                              Dynasty 200DX
                              Millermatic 350P w/25ft Alumapro & 30A
                              Millermatic 200

                              TONS of Non-Blue Equip, plus CNC Mill, Lathes & a Plasmacam w/ PowerMax-1000

                              Comment


                              • #30
                                A cartoon maker telling me all about "poor business decisions". That's a new one.

                                And then telling me he's never had the balls to actually start a business.

                                Only on the web.

                                I'll bet he has a jam up bug out shelter tho.

                                JT
                                Some days you eat the bear. And some days the bear eats you.

                                Comment

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