▲ 0 r/wealth

Big House Problems

I know it’s a first world problem but 3 years ago we bought a big house. 10,000 sq ft, guest houses, tons of acres, horses, pool, and great for hunting, ATVs, etc. There is no doubt our house is the fun house and it is the house of my dreams. At our old house we had a few visitors a year, but here it’s like every weekend. Family came first, then family wanted to bring friends and now friends are bringing friends. My in laws are here the majority of weekends, I like them, but they’re moved into one of the guest houses hanging up pictures, filling the dresser, stocking the fridge, got a gun safe there too. The house has projects, so I’m working 80-100 hours a week to complete them, but honestly I’m tired of guests. Maybe it’s just been a busy summer and it’ll slow down, but has anyone else had this problem. They get their dream house and get an influx of guests with it.

reddit.com
u/ILikeFlyingAlot — 8 days ago

How to Handle Rapid Growth

I do interview coaching and it’s going remarkably well. Our review has doubled every quarter this year and last month we did $50k, which practically all of it is profit. I do about 80% of the coaching, have 1 associate who does 20%, just got another, and have a 3rd who we are onboarding now. I am in talks with a company to develop CRM software that integrates into our site.

My biggest problem today is scheduling - once a client is assigned we do everything via text all manually. This is tough as I can’t see what my associates are doing and I have had a very hard time limiting how much work I’ve been doing.

I think the two easiest options are either Calendly or similar scheduling software, or a PA (probably from abroad) who does it all for us.

What scheduling programs have people used? Any issues with clients needs and you availability not lining up? How are PAs?

reddit.com
u/ILikeFlyingAlot — 1 month ago
▲ 0 r/wealth

Reducing AGI

My side business is doing very well, however I’m trying to keep my AGI low for the next four years. I‘ll have between $200-500k a year I want to invest in business or similar ventures. This year I bought an office and invested in infrastructure, but next year my business won’t need anything. Here are a few ideas:

  1. I’ve thought about buying a house, fixing it up, putting it on Air BnB, etc. I think this is the most common strategy, but I’m worried about the amount of time it’ll take.

  2. My business is in aviation, so I thought about buying and restoring an airplane a year. Take it to air shows for marketing. This sounds fun but the carrying cost is high.

Besides that, what other ideas are there to store money and reduce my AGI or keep as a long term investment.

reddit.com
u/ILikeFlyingAlot — 2 months ago

Eventing In England This Weekend

I heard two trials were abandoned, which usually infers there was a fatal accident. Can anyone confirm? BE PR is making a lot of speculation by either holding news.

reddit.com
u/ILikeFlyingAlot — 3 months ago
▲ 289 r/Horses

He Came Home

We bred this guy, sold him as a weanling. He ran well last year, but was not running well this year. I messaged the trainer back in Spring, reminding her that when she retired him, he always had a home with us. Last week we got the call and by Friday he was back at our farm. He is as cuddly as he was as a foal!

u/ILikeFlyingAlot — 4 months ago

We Got Another One Today

We bred him and he ran last in a $5,000 claimer today. The trainer texted us saying she was retiring him and wanted to see if we wanted him.

We don’t need another one (he’s number 11) but we love the guy, and are happy to make sure he gets a rest and restart he needs. My son is happy to restart him and see what direction he goes in.

Just part of responsible breeding…..

u/ILikeFlyingAlot — 5 months ago

Next Step In Growth

Last year I started a resume writing and interview prep company in a specific industry as a side hustle. I have spent $0 in advertising and have grown to $25,000 a month. I have one associate who is wonderful and does about 10-15 hours a week. The reason for our success is our numbers; in an industry where applicants get offers about 50% of the time our candidates do so at a rate of 95+% and the ones that don’t get it likely miss out technically and often message us a couple weeks later with a new offer in hand.

For the past 20 years I have tried countless side hustles and having this one be successful is a dream come true. But I don’t know what my next step should be. I could probably grow it to $1,000,000 revenue, with a $400,000 coming to me, but it is kind of limited beyond that.

I see for future expansion there are 3 options:

  1. Vertical

Integration. Offering services, such as recruiting, in this sector. The problem I see with this is, our clients are not in leadership roles where they can influence hiring, so we are not building relationships in this area.
2. Horizontal Integration. We have taken some people outside our industry on and have had similar success, growing into a diverse interview prep company is an option.
3. Outplacement. A completely different sales model, but very scalable, larger deal and revenue options.

Any feedback from people who have done this journey is much appreciated.

reddit.com
u/ILikeFlyingAlot — 5 months ago

Here is the original post - https://www.reddit.com/r/Equestrian/s/OORB4gs83M

Horse had a small cut after work on Friday. Washed, wrapped, monitored. Sunday mid day was broken legged lame, no fever. The work up included:

Emergency vet call out

Physical exam

Sedation

Nerve block

Joint tapped, fluid analyzed

Abx injected into the joint

3 doses of Gent

Tetanus

300 TMZs (restock my supply)

500 mls of Equisul

I got the bill yesterday $818.00 so really not bad.

u/ILikeFlyingAlot — 6 months ago