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Floridagirl | My boyfriend wants to start his own business but I dont support the idea? |
I am so annoyed at the fact that my boyfriend wants to start his own business. He wants to start a business that involves a bunch of different kinds of things, like...hanging drywall, flooring, decking, roofing, basicall carpentry work. I am scared for him and myself. I have a new home that I am paying for myself and if we ever get married and his business goes under, I dont want to lose my house and everything I own. hes not organized, he is a poor money manager. What should I do??
Additional Details
He has a great job right now by the way... |
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auntcookie84
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Do NOT stomp on his dreams!! If he is not on the deed to your house or helps you pay your mortgage then why stop him from attaining his dreams? If you do not support his dreams, goals, ideas or aspirations then he will resent you and it will ultimately end up in a very ugly break up. You are trying to control his life by dictating what he should do. It is not your job to tell him how to run his life...it is your job as his girlfriend to support him emotionally. |
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Cat
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Don't marry him until it's stable work, and that he has insurance.
If you're not married yet - I don't see why he shouldn't try. Especially if this idea is really lighting him up. It would be prudent to let him try - he'll either become successful, in which case everyone's happy, or he'll fail. If he fails - he'll have found out himself, and though he won't be happy, he'll accept it.
If he never tries, because you blocked his way, he'll resent you for your negativity, and possibly spend his future wondering how his past could have been different if you hadn't stopped him.
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If he has a great job now - you might suggest he build up the new business slowly...keeping the job, and working weekends and his off hours on the new stuff until word of mouth increases his business base. |
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Huh?
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First, don't put any of your money into the business, let him pony up the funds on his own.
Make him write a business plan before he starts. Be sure he looks at his competition and the market. A recession may not be the best time to start a business that depends on your customers having extra cash to spend on home improvements. With the economy being what it is I don't believe many people are deciding to put on decks.
Also be sure he sets up a business form that will protect your personal assets from the businesses, for example a Limited Liability Company or a Corporation. As long as you don't take out loans etc. that are guaranteed by your personal asset you shouldn't endanger your home or other assets. I would not borrow any money or incur any significant liability without advice of an attorney. |
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Sue N
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Is he risking your money? Make sure he sets up an LLC, and a separate business account. Basic carpentry is always a great business- there is always a need if you are good at it, and follow thru when requested.
Good luck to both of you--
Don't forget to take photos as you begin your business and keep records as you get going.
tell the stories to go with.
Sue Nebe, Creative Memories consultant, www.mycmsite.com/suenebe
have a great day. |
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Tanya
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Just because he has a great job now doesn't mean that he is happy or that his job will be forever.
There is nothing wrong with wanting to go into business for himself, especially in construction. I've grown up in a construction family. Personally I wish I would have paid more attention to what my father does because now if I need something fixed I have to hire someone that owns a business that does it.
If he's not organized or isn't a good money manager why don't you help him do that part of the business? Also, we know what's he's not good at, but the real question is can he hang drywall and build decks, repair roofs, etc. etc? That will determine how successful his business will be. |
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Electric Blue
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What would you think if you came up with a dream and he didn't support you? Wouldn't be very loving, would it?
You have a house that you are buying yourself. You did not say you were getting married soon. Have an engagement that lasts for a year.
Most new business fails within the first year.
You probably should not ever marry him though. You have berated him and not typed one positive thing about him.
Marriage is for better or worse - and for richer or poorer.
* |
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loraben.nuskin
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If you own your home before the marriage, you can keep it under your name only, and don't include him. I think that the best way would be to consult a lawyer and find out what the law says about the risk of losing your home, if your boyfriend business is going under. Second, it sounds like you don't trust him much, I would think twice before planning to marry someone you don't trust 100%, or even being involved with someone that you think has potential to bring you down. Actually the kind of business he is looking into is not so bad, as people who do that kind of work get paid quite well, at least here where I live. As for the "What should I do?" question, no one can really tell you what you should do, you should think long and hard before you make any decision, and once you have made up your mind, take responsibility and don't regret anything. A life full of fears and regrets cannot possibly be a happy life.
Good Luck |
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April S
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If you are contemplating marriage with this man and just are not comfortable with the business he wants to start maybe you should look into something the two of you could do together. I have some info on a great business you could do as a couple and make a great income. Email me I would love to send you some info that will help with you situation. |
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Maggie H
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Why are you so worried? DON'T GIVE HIM ANY MONEY!!! KEEP YOUR MONEY!!! Some guys get involved to get a girl with money saved up to use her to pay half the rent or for a pretend business venture that never gets started just to get your money. Women get romanced and ripped off like this everyday.
Tell him: " I can help you locate small business grants and loans to get your business started but my money is tied up in investments already. In my personal business. (in YOUR future)
You are not married he should have NO IDEA HOW MUCH MONEY YOU HAVE ITS NOT HIS BUSINESS. Telling him or any man about your financial worth is dangerous today. Just because you are dating or slapping flesh does not mean you owe him anything. Always keep your finances separate. A real man does not need your cash. He has to prove to you he can provide for you. Watch how he handles this, watch his reaction to the word no. See if he can be a man and get his business going on his own. Do not marry him until he has it going and is successful and earning serious profits. Beware alot of women get ripped of or murdered for money. |
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