I'll try to keep this short. I just got back from a meeting at my local Chamber of Commerce. They were hosting a meeting where investors (plural) would be present to meet with local business owners looking to grow/ expend. There was the usual "meet and greet" at the start with refreshments and then the actual presentation started. It's one jew representing a "consortium" of investors (likely other jews) looking to buy and merge local businesses.
In other words, put people out of work. But before I get into that, guess how this jew made his money? Covid testing! They opened a Covid "testing" lab in 2020 -- *obviously shitting out fake results just as fake as the tests and the disease* -- which they sold in '22 for $20m to Quest Diagnostics. Now they go around the country wrecking local economies like Mitt Romney at Bain Capital.
I could see right through his bullshit from the start. They want to buy a local business (let's say two or more plumbing co's, for example), merge them, fire most of the staff, but then immediately use the combined income statements to borrow against the new company's credit and assets. Once they get that money, they either sell the company with the debt or just abandon the company and let the creditors work their way through the courts to foreclose on the shop, tools, machines, etc.
How do I know this?
I played stupid and asked what their terms would be, and it's obviously evil. First, they were only looking to buy a business with a very high Net Profit Margin. Sure, okay. But they also want me and my employees to sign Non-Compete contracts. I understand wanting me to sign one -- *they don't want to buy my business and then have me turn around and immediately compete with them.* That's fair.
But they don't want my employees working for themselves or another firm in my industry because, as I said, they intend to fire people to lower their payroll/ overhead while they shop for a bank to scam for loans they'll never pay back. That's why they want a very high Net Profit Margin, or debts not more than 10% of annual revenue, because they intend to "cash out" that liquidity by taking out loans they will pocket and use to buy and gut the next business. It's Bain Capital all over again.
Keeping my guys out of work and out of the industry would mean a temporary boost in their sales, making their new entity look profitable and more fundable. I'm reaching out to my circle to warn them. I'm hoping they listen, but you can't save everyone.
I've tinkered with ChatGPT a lot and it's an amazing resource that can teach you all about the basics and some of the "blind spots" you might not have thought about in starting a business. It can literally type you up a Business Plan with market research, citied in APA format, that you can copy/ paste and put in front of investors or a bank ... for free!
If you're in the trades, it can tell you the equipment you'll need most frequently, and it can even tell you what jobs to avoid your first year that require more specialized tools that will be harder to afford/ justify in your first year. Say what you want about AI, but everything is there to get started. Anyone that works a job today is there because they want to be or they're not motivated enough.
My advice: get an idea of what kind of industry (not any specific work) that you want to get involved in. Then start meeting with people in the industry, from the highest to the lowest, and start listening to their problems. If you ask the right questions, or have the spark to connect the dots, you'll start finding gaps in that market or problems that need solutions. That in itself can be a business.
If you're thinking "Why haven't they solved those problems for themselves," the answer is often because they're too busy running their own business to take any time to think of solutions. Also, every industry is ran by Humans, and Humans get comfortable doing and thinking about things in the same ways. Having the "eyes" of an outsider is an advantage they don't have.
Nobody in F1 had heard about carbon fiber until a British engineer heard about a new material being used in American rockets to replace steel. Even then, everyone laughed at the cost and kept making their cars out of aluminum ... until McLaren swept the season. Today, nobody would think of making a race car out of anything else. A successful business, a business you can be proud of, in my humble opinion, is one that brings value though solving needs and problems. Not these jew "paper businesses" that skim money from rubber stamping paper or charging fees and fines.
I'm happy to help if you DM me, but you really should look into ChatGPT.
It is true that it sucks when it comes to "doing" the job people normally do, like programming, but it is still a very useful tool. And it is a great way to discover blind-spots as well, IF you are looking for them. Which can be relatively simple:
"I am doing X, and I am at stage Y, could you tell me if there is something I maybe haven't even thought of, which I should have?" or "I am doing X. Could you give me a list of things I could do wrong?"
And given what it is, it has information about basically everything. Car maintenance, computer parts you are looking for, programming, tutorial for things, cooking, finance/tax advice, business advice, health issues, etc. You just need to ask.