When my oldest turned 16, she got a debit card that we deposited $200 into each week. She took the family van, did all the running around, bought all the food, bought gas, paid the phone bill etc etc. She had complete control over the family spending. And she got to spend any extra and she had at the end of the week. The first week when we were eating out of food storage and all the other kids complained, I pointed to her and told them to ask her to share some of her makeup and music to eat. Never happened again. As each of the kids turned 16, this transferred to them. They all learned firsthand how to handle home economics up close and personal.
From: Steve Jones Sent: Friday, March 18, 2022 12:15 PM To: AnimalFarm Microwave Users Group Subject: Re: [AFMUG] Ot: vauluing an investor My wife came from a home with allowance. There were many fights over the last 18 years ove paying kids to do what theyre supposed to do anyway. Though last night I did pay my older daughter 10 bucks to give the two littles a bath On Fri, Mar 18, 2022 at 12:51 PM Jan-GAMs <j.vank...@grnacres.net> wrote: I grew up in a house with parents! Nobody ever paid me to wash the dishes, sweep the floor, take out the trash, fetch the mail, make my bed, feed my dog, mow the yard, weed the garden, feed the chickens, etc... . Nepotism now! The best employees there are! work for food and a place to call home! On 3/18/22 10:34, Chuck McCown via AF wrote: Heck yes. I grew up on a farm and ranch. Nobody ever paid me other than food and board. From: Sam Lambie Sent: Friday, March 18, 2022 10:21 AM To: AnimalFarm Microwave Users Group Subject: Re: [AFMUG] Ot: vauluing an investor So that is what having kids are for? Indentured servitude? On Thu, Mar 17, 2022 at 2:59 PM Steve Jones <thatoneguyst...@gmail.com> wrote: I really am hoping my boy gets behind it, I want him to vest in 5 years. but with another partner it may not work that way On Thu, Mar 17, 2022 at 3:30 PM Chuck McCown via AF <af@af.afmug.com> wrote: I really dislike partners that are not my kids. I would not ever give up controlling interest. I have had some 50/59 deals that worked. Sent from my iPhone > On Mar 17, 2022, at 11:44 AM, Steve Jones <thatoneguyst...@gmail.com> wrote: > > > So im buying out a friends business. Not big, small drill and such. Enough that a guy can get started and build upward. I just am afraid of heights and want to get lower and build something with my kid. > > I have an interested party that made me an offer, it will get me a second truck and mini excavator plus a pretty substantial recurring investment, about 80 percent of what im paying. > > He wants to know what i think is a fair percent for the offe. But i cant see any way that has a return for him with me retaining any ownership. > > Im projecting best case around 220k revenue in the startup year, and fuel is laying claim to a pretty big chunk of that. > > This is a guy who tried to recruit me last year, and hes made clear hes looking to invest in a person. While that is roses, im not sure how it scales to a return for him. > > I can see buying into an existing outfit, but this just seems to have no way where numbers make sense. > > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com -- -- Sam Lambie Taosnet Wireless Tech. 575-758-7598 Office www.Taosnet.com ---------------------------------------------------------------------------- -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com -------------------------------------------------------------------------------- -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com
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