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Patrick.net threatened with "Irrelevance"
invite response
2007 Jun 12, 7:29am 16,090 views 85 comments
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@eburbed,
Now you're talking! Actually Randy H's Cap. 2.0 web-site might be a better forum (just click on his screen name). I won't pretend to know anything about tech consulting but what I can tell you is if you've always been a "W-2 guy" just being introduced to Schedule C will seem like such a revelation to you!
At least initially, the primary benefit (as you ramp up your business) is that you'll be able to show legitimate expenses and... in essence, operate at a loss for the first 3 years. Randy and I have had our doubts about those that seem to be starting some sort of "new" consulting service every 3rd. year! It definitely seems you have an eye on more than just milking Sched. C!
In the end, our practices become a reflection of ourselves. People tend to gravitate toward other like minded people. As evidenced here. I know it sounds old fashioned but it's still true. Create in your mind what your ideal client would look like. Make a list of 50-100 clients/firms that fit that description and then create a business plan to bring those clients on board!
Good luck and maybe we can talk Randy into giving it some time over at his forum!
Randy H
2007 Jun 14, 12:30am
@FAB
Thanks. I've been traveling too, and my BB isn't idea for viewing and responding to the blog. For the same reason my own blog has gone stale.
PS: I have sent you another query re: MV. We've decided to pass on Eton -- the property will take $0.35mm in work just to fix the kitchen & add a small family room. It is a great example of how one can buy 1.5acres in prime South Marin for under $2.00mm, whereas the same things a year ago would have been pushing $3.00mm.
I'm not worried about irrelevance. When this blog is irrelevant, I'll be
pretty happy.
But a food blog or book club would be great too.
Interesting trip down memory lane. I wonder if when Patrick wrote this, he had any inclining that 6 years later his "housing blog" would in become a haven for 9/11 conspiracy theories, permabears who still think a massive price drops are just around the corner, and people fabricating and then furiously deleting posts in a never-ending troll war.
It's not the site that's irrelevant, it's all of us that comment. lol
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Patrick.net's housing bubble blog today faced perhaps the greatest threat in its 2+ year existence when a newcomer named "Busted" posted the following:
Threadmaster and regular contributor, HARM, responded quickly, posting this thread in a last-ditch effort to stave off impending "irrelevance." At a hastily convened press conference, HARM declared:
"The last thing any of us here wants is to become the blog equivalent of Jimmy Carter, Yassir Arafat, or --God forbid-- the U.N. I have decided to take immediate and unilateral action, and I hope others will support me in the Coalition to Defeat Irrelevance. Thank you and God Bless!"
#housing