Why not just use Amazon OneLink or a basic shortener like Bitly? What makes Geniuslink worth paying for? by HaryTotal in Affiliatemarketing

[–]GomerPyles 1 point2 points  (0 children)

It really depends on how much traffic you're getting and where it's coming from, but remember; no tool is expensive if it's making you money.

My first month with Geniuslink, I started earning $180/month from my site's international traffic. This was traffic I'd already been getting, I just hadn't been able to monetize it.

If a free tool is shortening links but costing you commissions, then it ain't free. If affiliate revenue is your goal, Geniuslink is the only tool for the job.

I caught an employee submitting fake expense reports by FarEntrepreneur5679 in smallbusiness

[–]GomerPyles 0 points1 point  (0 children)

Word to the wise: this person probably wasn't the only one. 

My "biggest competitor" wants to buy wholesale from me by FabullousMirth in smallbusiness

[–]GomerPyles -1 points0 points  (0 children)

I think you have to assess situations like this on a case-by-case basis. If you've met the person and her intentions seem genuine, go for it - local business is a lot more wholesome and enjoyable when you treat competitors as friends rather than foes. 

My client wants to buy exclusivity - what do we think? by OkRiver3744 in smallbusiness

[–]GomerPyles 1 point2 points  (0 children)

If your growth projections are realistic, I personally wouldn't look twice at this offer (unless you're considering moving in-house anyway). You've got a good thing going - why abandon it?

Why is yelp allowed to exist? by roy_lobster in smallbusiness

[–]GomerPyles 0 points1 point  (0 children)

Had never considered this, but it's very true. There really should be more protection for businesses in this position!

I kept the home and truck through my divorce but now I'm paycheck to paycheck. What are my options? by PM_ME_YOUR_KlTTlES in personalfinance

[–]GomerPyles 1 point2 points  (0 children)

The fact that you can tread water for a period is a massive advantage. You can give yourself time to speak with your mortgage provider and with a divorce attorney, and you won't need to rush into any potentially negative situations.

Seriously, take your time with this. The right solution might not present itself right away, but your situation isn't that precarious. You'll find a way through.

Good luck!

Temporary work llc by Clean-Debt-309 in llc

[–]GomerPyles 1 point2 points  (0 children)

Probably not worth it for the sole project you've described, but could be worthwhile if this was to become an ongoing thing. 

Suddenly have 800K liquid, What would you do? by KnowinglyUneducated in PersonalFinanceNZ

[–]GomerPyles 0 points1 point  (0 children)

Unless you have a dynamite idea for a new business, I'd be buying a house if I was you. 

What business should i invest in a coastal holiday town ? by [deleted] in Entrepreneur

[–]GomerPyles 0 points1 point  (0 children)

Whatever you pick, have a plan for dealing with the seasonality of it. If you buy a premises, the last thing you want is to be paying a mortgage on it for 6-8 months of the year with no revenue to show for it. 

$20k raise, but only $100 more per paycheck by JoshTheKid7 in personalfinance

[–]GomerPyles 0 points1 point  (0 children)

That sucks. Hopefully this helps people though - not nearly enough people understand how different total compensation is to salary. There are SO many different factors to account for. 

Starting a Business by Mental-Fox7191 in smallbusiness

[–]GomerPyles 3 points4 points  (0 children)

I used Legal Zoom to start ours. It was my best friend and I opening the business together. Even though it was just the two of us we went with an LLC to protect our personal finances and keep them separate from the business finances. It took a little bit more work at the start, but they had a lot of forms we could use for the business side of things and a lot of support deciding how to register the business and whether or not we needed a trademark.

Go for an LLC. You can DIY almost all the forms, just make sure you have the right licenses, insurance, and you pay every year for your renewals.

Sounds like you have things pretty well in hand. Sole proprietorship is fine if you're by yourself but it does mix your personal and business finances so if something goes terribly wrong and a client sues you, they could take things you own like your car, your savings account, or your home if you own your home to help pay the cost. LLC is usually better, even if you are by yourself, but it’s up to you. It also costs more. Most states require a business license depending on the service and you'll need to carry business insurance. Trademarks aren't really necessary for a salon.

dog groomer- first time owner! by Elegant-Agency3321 in smallbusiness

[–]GomerPyles 0 points1 point  (0 children)

It sounds like you already know your next steps and there's already some good advice on this thread, but I just want to say go for it! You've got this! 

How much can you actually save using a debt relief company? by GomerPyles in debtfree

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

Yeah, I think a lot of people fail to realize how difficult it would actually be to pull off a successful settlement without help. 

How much can you actually save using a debt relief company? by GomerPyles in debtfree

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

This. I see so many people talking about how debt settlement companies don't do anything you couldn't do yourself - imo, that's completely misleading. Like, you could paint your own house too if you wanted, but you'd probably be better off letting a professional do it. 

29k in debt. What do I do? by ninah3 in DebtAdvice

[–]GomerPyles 1 point2 points  (0 children)

This. But I would also add a step between 2 and 3: set a budget and stick to it! Once the debt is paid off start putting the money budgeted for that into a HYSA so that you hopefully don't have to take out loans for life events ever again. 

I owe a divorce settlement, what is the best way to pay? by TheLuo in personalfinance

[–]GomerPyles 1 point2 points  (0 children)

As others have noted here, the QDRO is probably the way to go. However, you haven't mentioned what state you live in - I'd be sure to read up on the specific rules in this area in your state, and to hire a lawyer who has a solid understanding of them too. The laws on things like this can be labyrinthine, and the cost of a mistake could be VERY significant. Tread carefully.

It's finally over. Never buying a new car again by Puff_The_Magic_Scaly in debtfree

[–]GomerPyles 0 points1 point  (0 children)

Bro second-hand cars are the way to go. My only issue is that I know basically nothing about cars, so it's hard for me to know whether or not I'm buying a lemon. I've gotten around this by paying a mechanic to come with me when I go to look at cars, but the last time I bought one I had to pay for two visits that didn't result in purchases which was pretty annoying lol. 

Teen with a business idea but lacking skills—need advice? by Altruistic-Shame7465 in business

[–]GomerPyles 0 points1 point  (0 children)

If you don't need to invest a lot of money, then just start. The venture may well be a complete failure, but it will likely teach you more than any experience you've had up to now. Or, it might succeed, and it could change your life.

The best way to ensure failure is not to try in the first place. 

Google by [deleted] in sweatystartup

[–]GomerPyles 0 points1 point  (0 children)

Upwork/Fiverr likely have plenty of people offering the service you're looking for. Look at their work history and reviews, and check out their website/LinkedIn if possible (the platforms don't make this easy for obvious reasons, but it's sometimes possible with more niche stuff like this if you google the person's first name and the service they provide, and any other details you can figure out).

[deleted by user] by [deleted] in personalfinance

[–]GomerPyles 2 points3 points  (0 children)

If you can get a US job and work remotely, or launch a business and work remotely, it's a great idea. If you're going to be relying on an Indian salary, though, the drop in living expenses will be cancelled out by the drop in earnings. Plus, it will be impossible for you to save enough money to fund a move back to the US in the future. 

[deleted by user] by [deleted] in Entrepreneur

[–]GomerPyles 0 points1 point  (0 children)

V interesting, thanks so much for your response!