over the last year I worked as just a junker or scrapper, kept my bills paid acquired new tools and kept food in my stomach. I even managed to stockpile several tons of scrap in the form of cars, I've only got 7 cars left at the moment. To get to that point I had a partner for about a year and a half, we both kept our full time jobs and hauled cars in our spare time.
The above is so true in partnerships, no matter what happens someone or everyone is going to think they contribute more. I went full time the end of 2012 and steve kept his job. We went from best friends to a relationship that was worse than my divorce. We have since become good friends again and he is going to pick up cars for me at a flat rate when I am out working on cell towers. That being said owning your own business means making sacrifices, it can cost you everything and even friendships, at the least it will push its limits. With you wanting to go in with three other people I would avoid this at all costs. Whose in charge, who contributed the most, who needs money for their kids diapers, my cars outa gas. Just think of all the little things you buy and need every week and multiply that by 4. I don't care how close you think you are, this stuff will happen
After All that I've made it by myself the last 7-8 months, kept a guy paid until he got another job and I started the cell towers in October or so. I still buy a few when I come home. Had I not lucked into the best job ever I would still be hauling about 10 cars a week.
In my opinion the four of you should get jobs that can turn leads into scrap, that way you will have a steady paycheck. The mechanic is a no brainer. Get a job at a scrapyard, I get leads from my own yard every week. Get on your feet and then if your willing to lose everything sure, go for it. All it takes is grit and hustle
Check out patriots thread about a scrappers dream, he tells his story about going from picking up cans to doing demolition on a power plant. If that story doesn't give you inspiration nothing will
I'm not trying to discourage you from your dreams,as a matter of fact I encourage you. you just need to understand the consequence of failure, it can go way beyond money. Lots of highs and lows and whatever you decide to do good luck
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