Bingo!!! Andrew, you know EXACTLY what i am dealing with. Your story about your in-laws describe what i have been trying to explain. Thank you !!!
I am worried about ex-h' s huge debts. He does NOT trust himself when it comes to money. Without me handleing this for our children, they would have tons of gifts and zero dollars to help them start on their own.
Welding... lol .. sorry.. welding, electrical and mechanical are off my talent list.. i do construction ( roofing, siding, flooring, dry wall and more )and plumbing. A few small engine repair with the help of Mr.Google ( he is my best friend ). In my younger days ( not years, days.. sounds better lol ) my hooby was building small things. I loved power tools and thought one day, i would own all the wood tools to do any job. He did not happen. I own a few. Enough to get my upgrades done around the house. I also thought my kids how to build a deck, how to fix a deck, how to use a drill, a skill saw, a meter saw, a sander, their brain in problem solving. All 4 are very creative and talented.. now, they are teaching me a few things!! i love it!
Buying a small business... it has cross my mind.. still does...
Last year, while visiting Kate, i saw an empty building by the lake. We started brainstorming about the kind of business that would do well in the area. By the time we were done, we had at least 4 new additions to the building to suit the expension and demand of our customers.. from boat, canoe, kayak rentals to watersport clothing lines to snack bar to reception hall/ cathering by the lake.. lol a 25 years project constructed in a couple of minutes.. lol
The Sobeys store owner idea is too big of a scale for me. It would become my entire life. I owned a restaurant when i was young. Nothing big and not gor long. I was smart in my approach. We had a garantied income from contractors at the mine. I took the business to complete their contract. I rented the building and purchased the inventory. Once their contract was over, i sold the inventory to the new owner. This is where i knew business was for me. I loved it. I succeeded and i was proud.
We' ll see.. if i do not own my own again, i' ll manage for someone else..
