How does one one get off foodstamps?

[brandon]

Lol wow. Two people voted that being a victim of this takeover by design is "wholly bad"

Would either of you care to explain why?

It's morally wrong. It's theft. It makes you dependent. It stops you from learning the skills necessary to take care of yourself.

They are wholly bad.

[jcannon98188]

My older one doesn't even think he needs college. He's very gifted - smart as a whip - but we (both parents and his educators) told him exactly how smart he is, so he believes that he doesn't need an education. He has no drive to succeed, content to cruise by on as little work as possible. Breaks my heart.

Unfortunately this happens all too often. I speak from experience, as I am that "smart one" that has no drive really. I consider myself to be extremely smart, but when I was in school I coasted the entire way through, because it was boring and didn't challenge me at all. I honestly don't think I learned anything in high school except for some English rules. Other than that, everything I learned I learned on my own time.

Also, in regards to your earlier comment about real men don't accept govt. handouts. I agree with you. So we aren't a dead breed (just a dying one)

[tttppp]

1.)Those are the exception not the rule.
2.)They have a skill (computers) which counts as experience. Palm does not appear to have any of those things. Also, they had money. Something Palm does not.

What he wants to do has not been done before. So how is he suppose to get experience? The only way he can get experience is to start his own business.

There are companies that specialize in startup investing. He can get money from them if he knows what he is doing.

His idea is a restaurant business. He doesn't have to be an expert in computers. It doesn't take a genius to figure out how to put together a menu of healthy food.

[tbone717]

What he wants to do has not been done before. So how is he suppose to get experience? The only way he can get experience is to start his own business.

There are companies that specialize in startup investing. He can get money from them if he knows what he is doing.

His idea is a restaurant business. He doesn't have to be an expert in computers. It doesn't take a genius to figure out how to put together a menu of healthy food.

Start up capital for a restaurant is high. Rent, equipment, supplies, staff, etc. Likely 100K minimum for the smallest of places. I have a hard time thinking that there will be capital investors for a new restaurant if it is being headed up by someone with little, if any, industry experience and no cash of their own in the project.

As an investor, why would I gamble on a new restaurant and take all the risk, when I could just as easily purchase an existing restaurant with established business?

[tttppp]

Start up capital for a restaurant is high. Rent, equipment, supplies, staff, etc. Likely 100K minimum for the smallest of places. I have a hard time thinking that there will be capital investors for a new restaurant if it is being headed up by someone with little, if any, industry experience and no cash of their own in the project.

As an investor, why would I gamble on a new restaurant and take all the risk, when I could just as easily purchase an existing restaurant with established business?

There are no restaurants doing what he wants to do. Why would I want to invest in the same crap that everyone else does? I don't. I don't want to eat at those crappy restaurants, and I certainly don't want to invest in them.

If he has his idea clearly thought out, I think investors would consider investing provided he surrounded himself with a good team.

Also, I'm not saying he's smart enough to do this or not. I'm just saying there's nothing stopping someone his age from doing something like this. Many investors are also more likely to invest in a young person than someone who is old. The perception is that young people have better ideas and are more innovative.

[angelatc]

As an investor, why would I gamble on a new restaurant and take all the risk, when I could just as easily purchase an existing restaurant with established business?

Your choice. I wouldn't either. But everybody invests differently, and if he can find an investor then hurrah for him. But his attitude, which seems to consist of alternating between asking for advice then angrily and defensively taking any won't go far with the money men.

Look how his story changed and subsequently disappeared in this thread. Is that indicative of somebody you'd trust to do business with? People who invest wisely tend to be able to spot bullshit a mile away.

[brandon]

Seems like I missed an interesting thread before this guy deleted all his posts.

[Kluge]

Your choice. I wouldn't either. But everybody invests differently, and if he can find an investor then hurrah for him. But his attitude, which seems to consist of alternating between asking for advice then angrily and defensively taking any won't go far with the money men.

Look how his story changed and subsequently disappeared in this thread. Is that indicative of somebody you'd trust to do business with? People who invest wisely tend to be able to spot bullshit a mile away.

I would love to own a restaurant and actually have a pretty solid idea for one, however, most restaurants fail, and fail hard. Plus, my idea would only work in a cosmopolitan setting, and that's the last place I'd want to live these days.

I should try to sell the business model to someone though, or be a distant partner or something.

[Keith and stuff]

Being on food stamps isn't good. The bigger problem than the single mother on food stamps is the politicians that created them and the politicians who vote against reducing food stamps.

[tbone717]

There are no restaurants doing what he wants to do. Why would I want to invest in the same crap that everyone else does? I don't. I don't want to eat at those crappy restaurants, and I certainly don't want to invest in them.

If a restaurant is turning a profit then people will invest in it, regardless of how crappy the food might be. Why else would McDonald's have a market cap of 98 billion. Remember for investors and venture capitalists it is all about the bottom line.

If he has his idea clearly thought out, I think investors would consider investing provided he surrounded himself with a good team.

Also, I'm not saying he's smart enough to do this or not. I'm just saying there's nothing stopping someone his age from doing something like this. Many investors are also more likely to invest in a young person than someone who is old. The perception is that young people have better ideas and are more innovative.

It takes more than a good idea to get investors. You need to have a demonstrated revenue stream and skin in the game. Have you ever sought investment capital for a business venture? I have and I know that it is extremely difficult to get money unless you already have something in place. Investors do not invest in ideas, they invest in businesses. What he has is an idea, it may be a good one, but he needs to invest his own money to prove it is a viable commodity before he can expect others to partner with him. Unless of course they are family or friends that will take a stake in him - but people from the outside are not going to invest in an idea.

I have friend in the business. He and his wife started out young, in their early 20's. They were both in the industry for a few years when they decided to open their own place. To get the money, he tended bar and she waited tables about 80 hours per week. They lived in a one bedroom apartment, they had one car between the two of them - they denied themselves every luxury most of us take for granted. They saved up enough cash over a few years (about 200K) and started a small place, they built it up over the years and now (about 15 years later) they never have to work another day for the rest of their lives. In fact they started a second restaurant about 5 years ago, built that one up and sold it for 2.5 mil. They still have their first place.

But there is a difference between them and what the OP has talked about - they worked their asses off, 2 jobs a piece for years to get to where they are. The OP has not expressed that level of commitment in his posts.