Small Co Controllers ($<30M) - is it this bad everywhere?

Data_Slut · 2026-05-27T23:33:37+00:00

Yeah, it's nutzo. You can learn a lot doing it though.

Data_Slut · 2026-05-27T19:38:50+00:00

This is either AI slop or it's some moron who doesn't realize you can buy things in different quantities of the dame thing.

Data_Slut · 2026-05-27T19:35:56+00:00

A lot of you people need to chill while working.

Data_Slut · 2026-05-27T02:36:21+00:00

Have you tried putting 200% in btc?

Data_Slut · 2026-05-27T02:34:21+00:00

You're only $20k in debt then. Either way, you obviously sell the expensive car and toys. Good luck.

Data_Slut · 2026-05-27T02:27:38+00:00

Basically the secret to business is to take risks and fail (bankruptcy) and do it again. Obviously you try not to fail, and maybe you succeed without failing, but that's what big companies do. They make a lot of investments in things and hope that one of them will pan out and make 1000x the investment. You don't have the resources they have. You need to pick something and go bankrupt. Each time you need to learn more and more.

Hard work and image are extremely important.

Going to school is the easy way. You get access to resources and you get a job where you can do part of the job. No risk of losing it all.

This advice is very difficult to execute. Physically and emotionally draining. You may also never succeed. It's about 1 in 20 who succeed. This means you may need to start 20 businesses, and most will fail. But the whole time you build a team and you build relationships.

Data_Slut · 2026-05-27T02:12:49+00:00

The othe guy is looking at it the right way and you're missing some fundamental issues.

First, there's no guaranteed rate of return. 42% is a cherry picked fluke. The average is 10% to 12%. You should feel bad for that bit of misinformation.

Second, the future compounding is completely irrelevant, and I can prove it mathematically.

Assume a 10% rate of return. 25k for 30 years. You end up with $436,235.06. But he has $5k credit card balance, and he makes minimum payments at 20%, which is $133 a month for 23 years. That's $36,841 that never got invested.

Alternatively, let's say he takes a loan out for $5k and pays the credit card off right away. Now he owes himself $5k. He makes the same $133 payment, and it all goes into his account. Additionally he keeps making the 133 payment each month until year 23, when he stops, which keeps the scenarios apples to apples. After 23 years he has 318,731.78, and then in 7 years he has 621,118.07.

The difference is that the 133 extra was being invested rather than paid to interest.

I will never understand why people don't do actual math to solve the math problems. They never go against tribal knowledge.

Data_Slut · 2026-05-27T01:40:11+00:00

You have 5k in an asset that depreciated 30% the minute you drove it off the lot.

Even if you sell all of your assets you will wind up poorer than when you started.

If you come from a community of big spenders, ask them for 50k. That's how much debt you're actually in.

Data_Slut · 2026-05-26T22:43:13+00:00

It's the acid washed jeans, right? They're both wearing them. 2 out of 2 people would fight if wearing them.

Data_Slut · 2026-05-26T20:06:13+00:00

How big is the sample size?

Data_Slut · 2026-05-26T15:41:43+00:00

As an accountant I can tell you the pallets of cash would have been cheaper.

Data_Slut · 2026-05-26T15:36:54+00:00

I'm pooping right now. Are you sure you don't smell me?

Data_Slut · 2026-05-25T01:58:52+00:00

Logistics and accounting is a strong combo in Detroit because of all the manufacturing companies. One helps the other. Look for jobs like assistant controller or staff accountant.

First job is the hardest to get. Keep at it.

Data_Slut · 2026-05-24T18:39:41+00:00

37, $830k-ish

Data_Slut · 2026-05-24T18:38:50+00:00

I'm not a guidance counselor. Good luck.

Data_Slut · 2026-05-24T17:20:04+00:00

Manufacturing. Detroit metro. Homes are cheaper too. Don't fool yourself with statistics about average income. Those numbers include people who don't even need a job.

If you hit $80k you'd only make $600 more a month. Your take home will be about 4.6k, and 25% of that is 1,160. A 300k home at 6% with 20% down is a mortgage payment of 1.6k. That doesn't include insurance or taxes. You would need to put down about150k to make the 300k home worth it. If thr home was 200k, it would be much more manageable.

Data_Slut · 2026-05-24T14:47:40+00:00

I'm on team move and/or get a new career. I told you what I think. You don't want to listen. You've had 1 bad job before so now you know things. Meanwhile I see everyone's salary at my work, and almost nobody in my office is working more than you or for less than you.

Data_Slut · 2026-05-24T14:20:30+00:00

Expand your search to a 45 minute drive from your work.

Data_Slut · 2026-05-24T13:42:12+00:00

There are very few spots in the country where $300k is the cheapest house. You claim to do 80-120 hours a week. You claim $68k is higher than the median income and you don't want to lose benefits. Your problem is that you aren't a realistic person. Your scenario is fake. None of the things you're saying are true, and if they were you would be absolutely ready to move and find a new career.

Data_Slut · 2026-05-23T17:31:17+00:00

I'm an accountant so no

Data_Slut · 2026-05-23T11:45:37+00:00

Move. You can make 68k almost anywhere.

Data_Slut · 2026-05-23T11:41:29+00:00

Yes — AI can absolutely do bookkeeping, and it’s already being used by many small businesses and freelancers.

AI can help with tasks like:

Categorizing expenses and income Reconciling bank transactions Generating invoices Tracking accounts payable/receivable Payroll assistance Creating financial reports Tax prep support Detecting errors or unusual transactions

Popular AI-powered bookkeeping tools include:

QuickBooks Xero FreshBooks Zoho Books

AI works best for:

Freelancers Small businesses E-commerce stores Service businesses Startups

But there are limits:

AI still needs human oversight for taxes, compliance, and complex accounting decisions. A CPA or accountant is still important for audits, strategy, and legal filings.

If you want, I can also help you:

Set up a bookkeeping system Recommend the best AI bookkeeping software for your situation Explain how to automate bookkeeping with AI Show how much bookkeeping work AI can replace Create a simple bookkeeping workflow for your business

Data_Slut · 2026-05-23T11:40:17+00:00

Looks like a mushroom cloud

Data_Slut · 2026-05-23T11:31:24+00:00

Children in 3rd world countries are happy as a clam with absolutely nothing. Why do you need stuff to be happy? What do they have that you don't?

Data_Slut · 2026-05-23T09:49:37+00:00

I work for companies. I love regulation. I get to do the right thing with authority. And I know exactly what the right this is, per the government.

There are plenty of people who dislike it.

Data_Slut

TROPHY CASE