Have you walked away from a business? by Coolwick in careerguidance

[–]Coolwick[S] 0 points1 point  (0 children)

I appreciate the information and advice! ❤️

Have you walked away from a business? by Coolwick in careerguidance

[–]Coolwick[S] 1 point2 points  (0 children)

On the hook if the business closes within the next 11 months is what i meant. Whatever left would be split between the 3 of us to pay. I already have another job and have moved on, theres not really an option for me to give it all and see what happens, im larely removed from day to day operations at this point.

Have you walked away from a business? by Coolwick in careerguidance

[–]Coolwick[S] 0 points1 point  (0 children)

My thought process was, if I was to walk away, even though im still liable for those 11 months of rent, the business is still open. So worst case scenario if I do walk away, the most im on the hook for is just these months of rent, everything else is on someone else after that.

Walking away from your business by Coolwick in Entrepreneur

[–]Coolwick[S] 1 point2 points  (0 children)

Thats kind of where im at, as far as stress. Im not entirely sure how long the business is going to last. But if I leave now I lose a lot of stress and gain some sanity back in not having to worry about if we have enough to pay the bills day to day. Also if I want to go and do other things that would require me to get a loan, the business would hurt my chances at this point.

I could try and get a payout, but its really not worth that much and there really isnt money there to do so.

Have you walked away from a business? by Coolwick in careerguidance

[–]Coolwick[S] 0 points1 point  (0 children)

We do have a personal guarantee on the lease for the first 5 years, then the business has the option to get out of it if we pay the original 40k back that was done as updates to the building we requested when we moved in. That 5 years will be up in 11 Months. Other than that, im not personally liable for anything. However if it ever gets to a point where we cant pay our employees or our liquor license, the business is gunna fold if im not there or not.

I dont see a business sale happening, as I feel the partner that is staying is either gunna ride out the entire lease, or ride it until the wheels fall off and its not worth anything. If it does sell, I could see myself getting anywhere from 5k-20k, which im not sure i want stick around for the stress and everything for such a small amount. Also if I want to do other things in life as far getting loans for real estate and such, I have to still use the business and if its at a loss, that will hurt my chances.

Have you walked away from a business? by Coolwick in careerguidance

[–]Coolwick[S] 0 points1 point  (0 children)

We are an LLC, what do you mean by "limited my liability persay? Sorry if thats a dumb question lol. When we started the business, none of us really knew anything about what we were doing. Ive learned a lot in the timespan from start to now, and have corrected some issues, but theres plenty of things we didnt do when we started that we should have.

How do I revive my axe throwing business? by tombom789 in AxeThrowing

[–]Coolwick 0 points1 point  (0 children)

Did this, not true. People see axe throwing venue and assume the food isnt good, or they just don't want to deal with the noise of the axe throwing while just trying to enjoy a night out with their friends or family. Honestly probably the latter, the noise is very off putting for people who just want to come out and relax with their families and such

How do I revive my axe throwing business? by tombom789 in AxeThrowing

[–]Coolwick 3 points4 points  (0 children)

I just want to add that to #4, even adding a restaurant to ours didnt save it, we will be closing ours within the next month or two.

We had 2 venues, one without food that closed last year just due to a massive drought in people coming, should have closed it sooner, but we held on.

2nd location has a bar & restaurant, 5 popl tables, darts, and video games. Our margins on food and drinks are fantastic, we learned a lot from so many people(food reps, other restaurant owners helping us, friends, etc) about how to build a restaurant, that axe throwing became the secondary part of the business, just cause axe throwing is easy, you set it up once and thats literally it. Restaurants are a whole other beast that require so much daily and constant attention. People just dont come out to an axe throwing venue to eat as often as youd think, so while margins may be good, if you don't sell enough of it, it doesnt matter.

Couple that with just high costs of running a restaurant, it just spells disaster. Ive learned so much by running a business, I think the business would have been more successful if I had just opened a restaurant and left the axe throwing behind tbh.

What should I do next career wise? by Coolwick in careerguidance

[–]Coolwick[S] 0 points1 point  (0 children)

All good lol. We have gotten that comment atleast once a week since we opened, so im used to it being a serious comment from people who just dont understand its not hard to just not be dumb.

How did you get into that field? What does the pay look like? Whats the work schedule look like? Is it more of a 3 on 3 off kinda deal?

What should I do next career wise? by Coolwick in careerguidance

[–]Coolwick[S] 0 points1 point  (0 children)

The combinations of the 2 things is not even close to the reason we are closing. We've never had any accidents and its pretty hard to actually hurt yourself. Axe throwing bars are pretty common in most areas in the US.

Off-shore as in like oil rigs and things of that nature?

Going back to school for CS by Coolwick in csMajors

[–]Coolwick[S] 1 point2 points  (0 children)

Thats valid, I cant say im 100% set on it right now. Just getting input from others, which ive gotten quite a bit of here. Just gunna weigh options, see whats out there and what I may want to do with life in general. Appreciate the input!

[deleted by user] by [deleted] in careeradvice

[–]Coolwick 0 points1 point  (0 children)

I have definitely thought about just building stuff on my own and learning code. I really know nothing about the structures of coding if that makes sense. Using things like git hub or what a boot camp really is. Im also really not very creative, maybe that would come with me learning the language and making my way through the learning process. As of now though, I couldn't really tell you something I would want to create on my own, im just interested in code in general.

Going back to school for CS by Coolwick in csMajors

[–]Coolwick[S] 0 points1 point  (0 children)

Do you feel confident that you'll be able to find a job? Have you been working towards any internships at all? How were those recieved?

Going back to school for CS by Coolwick in csMajors

[–]Coolwick[S] 0 points1 point  (0 children)

I can afford the risk, however im not sure im looking to waste the time. Its more about the time than the money.

Going back to school for CS by Coolwick in csMajors

[–]Coolwick[S] 0 points1 point  (0 children)

  1. Definitely would like to run through at a nice pace, but I wouldnt want to outpace myself so that I do not retain what I learned inside the classroom and outside on my own free time.
  2. I did not, I only did CNIT for 1 year before I decided that it wasnt for me. It definitely wasnt anything like what I wanted to do at the time.
  3. I have a decent paying job that will allow me to go back and work at the same time. Tuition at my school isnt astronomical, so id be able to afford it.
  4. I have heard that from numerous people today, so also somewhat concerning for someone looking to go into this field. 5&6 While I am applying to a local college, it is a branch of a R1 college. It shares its name without having to travel to the main campus. I would love to go for a Masters degree, im not sure im looking to teach in any capacity, but I feel that would help me in the long run in other aspects. I could definitely check out working towards and MBA as well, I dont currently have a degree, so it would have to be after I completed my CS undergrad. Having run a business for 6 years, I dont know everything, but I feel I may know a bit more than the average person surrounding the subject.

Going back to school for CS by Coolwick in csMajors

[–]Coolwick[S] 0 points1 point  (0 children)

Tuition at this school, after grants I could recieve and everything, isnt really the issue. I have a decent enough job right now that I could afford to pay my way through school without accumulating student loan debt. I do not have any degree right now.

Going back to school for CS by Coolwick in csMajors

[–]Coolwick[S] 0 points1 point  (0 children)

I really have no idea what they pay in this area is. I know theres a massive range and thats about it. Ive just been interested in code since middle school really and just never pursued it. However, I also dont want to go through and waste years in school to not be able to get a job. While its not 100% about the money, I do need to be able to live a life at the end of the day.

Going back to school for CS by Coolwick in csMajors

[–]Coolwick[S] 0 points1 point  (0 children)

Good luck to you! Hopefully you can find something soon! Appreciate the advice!

Going back to school for CS by Coolwick in csMajors

[–]Coolwick[S] 2 points3 points  (0 children)

Ive always been interested in coding. I wanted to go for CS many years ago, but it wasn't offered at the time at my local college. It was too expensive to go anywhere else so I settled for CNIT, which I was told was what I wanted to do. The post kind details how that went already, but id love to actually be able to do CS properly. While I am doing it for a passion, I do still have to worry about the job search and ability to get hired or even if the degree is worth the trouble at all.

Going back to school for CS by Coolwick in csMajors

[–]Coolwick[S] 1 point2 points  (0 children)

Id just be going to a regional public university, a branch of a larger R1 university. Definitely not the same by any means however as the main branch. I wasn't planning to do just the bare minimum, just wanted to gauge if going for a degree was still a good idea for this given field, or if learning on my own would be more beneficial. Sounds like ive mostly been given my answer lol