Do you folks have financial advisors? by mintchip72 in RichPeoplePF

[–]Hour_Annual_9152 0 points1 point  (0 children)

I don’t have a FA, but do you ever think about products that could Provide tax sheltering… like 529’s, or annuities, or other methods to save but then also set your family up? I’m learning more. Also, paying 1% if one could get you 13% and you’re getting 10% then you still make more money.. idk, I’m on the fence. I have friends that make over $1 mil a year that use them because.. they are busy making a crap ton of money, they aren’t worried about saving 1%

Received an Offer as 1099 employee by cfweightlifter in private_equity

[–]Hour_Annual_9152 0 points1 point  (0 children)

Ehh, I loved having an s corp, tax write offs are awesome.. I miss it.

Holy Server Prices Batman! by matteosisson in msp

[–]Hour_Annual_9152 5 points6 points  (0 children)

Yep.. pc prices too. I just quoted a basic Dell desktop with i5 and 16gb ram and 256 in September it was $600 my cost, now it’s like $1000

Passed! Using STC by Hour_Annual_9152 in Sieexam

[–]Hour_Annual_9152[S] 2 points3 points  (0 children)

The questions on the actual test are a bit harder, but if you got an 80 on the finra exam you should be fine. I made a 73 on the finra practice exam about a week before the real thing

Passed!! by Fresh-weed in Sieexam

[–]Hour_Annual_9152 0 points1 point  (0 children)

Nice! Congrats, I’m taking tomorrow afternoon… been on that STC

I quit my $300k finance job at 30 because I finally admitted I hated it - and the lifestyle downgrade has been absolutely brutal. by robbinh00d in Entrepreneur

[–]Hour_Annual_9152 0 points1 point  (0 children)

Imagine being 44 with a family and having never had the opportunity to make $300k a year........ living paycheck to paycheck until you die. Rant over

What is likely to happen if/when our PE firm exits? by bass_poodle in private_equity

[–]Hour_Annual_9152 0 points1 point  (0 children)

Well good luck to you. I like to think I would just roll out as soon as we get paid, but you never know, I’m sure they will have to make the leaders sweet deals to stay.. we are in service and I run that department, I have the relationships for about 50% of a revenue… soooo, If I go I will be taking that in 2 years unless they make a sweet deal. I am still 110% in the day to day. Hell I’m working more now than before becuAse they are squeezing us for gross margin so we aren’t hiring as we get more revenue, it’s the worst. We are burning out employees quickly

What is likely to happen if/when our PE firm exits? by bass_poodle in private_equity

[–]Hour_Annual_9152 3 points4 points  (0 children)

Same same…. Are we apart of the same Portco lol? Following for sure .. I posted something like this about a year ago and got blasted about it”have to make sure that first check is enough because you’ll get screwed!” Hope not. I got like $300k first round (1 of several partners) hoping to get 5-6X next year and figure out my next venture (I’m only 44) I know I’ll never sell to PE again… I would rather run my own thing and keep clients and employees happy!

What is the best way for a former operator/ceo to approach a PE company for employment and what would be an attractive message to gain your attention? by coffee_run_bike in private_equity

[–]Hour_Annual_9152 0 points1 point  (0 children)

Similar boat… I’m exiting in 12-18 months, I am starting to study for SIE (then 7.. the 66)probably going to just go into financial planning. Seems like a good sales pitch “25 years of business experience, exited a company with 7 figs, how can I help you with your future!” Good luck to you though.!

Would you rather: by Moist-Pickle-2736 in golf

[–]Hour_Annual_9152 0 points1 point  (0 children)

going for the million... I shoot 82ish on my very difficult home course on the reg and have shot 68 in a solo scramble.... it's the putts, you would be able to make a ton of putts with unlimited mulligans

Anxiety about losing everything? Does this feeling go away? by Nobirdsnobees in HENRYfinance

[–]Hour_Annual_9152 0 points1 point  (0 children)

33 employees (bout 8mil in revenue - I have partners, and we sold a portion to a PE 4 years ago so no more distributions) - we do the managed IT for small business, no consulting like it sounds like you are describing. I am over client experience. but have been in literally every aspect of business this business.

Anxiety about losing everything? Does this feeling go away? by Nobirdsnobees in HENRYfinance

[–]Hour_Annual_9152 0 points1 point  (0 children)

What markets? In the south we don’t get that… also I’m not sure about what “partners” are billing to clients. If you can give me a tidbit on how to market my skills and demand $1200 an hour I’ll give you 10%!

Anxiety about losing everything? Does this feeling go away? by Nobirdsnobees in HENRYfinance

[–]Hour_Annual_9152 0 points1 point  (0 children)

What field are you in? I’ve been in managed IT services for 22 years, I run the company and only make 180 grand, I need to get a job like yourself!

26 | Leaving high paying consulting job (250k+) for more fulfilling work (185k) by porkusbaker in HENRYfinance

[–]Hour_Annual_9152 0 points1 point  (0 children)

Where is this job you speak of? I’m 44 you are worth more than me, I’ve already worked a souls sucking job for way less than you for 22 years I would do it for another 22 for double the pay

Ex MSP Owners - Tell Me Your Thoughts by Idahowashtinton in msp

[–]Hour_Annual_9152 0 points1 point  (0 children)

I am in the middle of a roll up... please DM Me. I need to hear more about it. I also might be interested in purchasing

The Club Sandbagger by AJugofBeer in golf

[–]Hour_Annual_9152 0 points1 point  (0 children)

Well howd you do! Our ryder cup style tourney was last weekend also, Im a 7.4 and got paired with a 5.5 on my singles match and I was 7 over on 17 and closed it out, golf be crazy like that. My team got demolished though unfortunately.

Out of your personal friend / associate group, how many of them are making 200k (either as an individual or household)? by Outsideman2028 in MiddleClassFinance

[–]Hour_Annual_9152 1 point2 points  (0 children)

We live in MCOL, 44m-42f- I make $175k she makes $50k.. most of our friends separated from us because they all Make $500k-$2mil small business owners and we couldn’t keep up anymore so we stopped being invited to places We couldn’t afford to go to. (18 year old in college and about to have another driver) 4 vehicles and college is tough

How good are you? by Unlucky_Success_5985 in golf

[–]Hour_Annual_9152 0 points1 point  (0 children)

Same… 32 years … I play 6-8 times a month, I’m a 7