Does anyone here

Apr 14, 2007 2:05 am

drive home on a Friday and wonder what the heck they are doing in this business?? One of my clients is about 35 years old and owns 7 McDonalds…Says he spends 10 minutes per store per week…makes about $475,000 (No grid).

Apr 14, 2007 2:17 am

I get a much bigger return on the money that I put into my business than he does. All brokers do.

Apr 14, 2007 2:41 am

  thats hillarious!!  First of all he borrowed everything..he had no money...45 brokers in my office and over 1/2 doing under 250K Gross..How do figure they make more than he does?? Your math is brilliant, you probably were meant for this business..

Apr 14, 2007 2:45 am

[quote=fritz]

  thats hillarious!!  First of all he borrowed everything..he had no money...45 brokers in my office and over 1/2 doing under 250K Gross..How do figure they make more than he does?? Your math is brilliant, you probably were meant for this business..

[/quote]

How much money do those pikers put into their businesses? I'll give you a hint - that answer rhymes with "zero." You just made yourself look stupid.

Apr 14, 2007 2:46 am

You do not count putting in 60 hour weeks for 5 years putting nothing into your business…The Mcdonalds guy works about and 1 1/2 per week.

Apr 14, 2007 2:52 am

[quote=fritz]You do not count putting in 60 hour weeks for 5 years putting nothing into your business...The Mcdonalds guy works about and 1 1/2 per week.[/quote]

I'm talking about return on MONEY. Nothing else. You just removed all doubt that you are stupid. Trust me, your McDonald's guy busted his ass to get where he is, too, and he'd be insulted if he knew how your were portraying him.

Apr 14, 2007 6:00 am

Wow, good one, bong hit Bobby.

Apr 14, 2007 6:05 am

[quote=silouette]

Wow, good one, bong hit Bobby.

[/quote]

Thanks. I'm just putting on the Fritz.

Apr 14, 2007 6:12 am

More like, Fritz the Cat.

Apr 14, 2007 11:02 am

[quote=Bobby Hull]I get a much bigger return on the money that I put into my business than he does. All brokers do. [/quote]

Simply claiming that you get a larger percentage return on the money you put in your business is a meaningless response to the question asked in the original post.  I could easily say that I invested $25 two weeks ago to pay for lunch with a prospect, and that led to him bringing over $1MM, of which I will generate 1% (which goes on the grid)  So, yeah, the return on that $25 could seem huge, except for the fact that it was a one time event, and it doesn’t account for all the $25 lunches that didn’t bring in any accounts. (and we’re not even including the time factor)

The guy’s client brings home $475k before taxes (generated from borrowed money)

So, to cut through your BS, please tell us all how much money you invest in your business that results in your bringing home $475k, and then tell us the types of things within your business that you put this invested money in.

P.S. I won’t hold my breath waiting for you to answer.

Apr 14, 2007 4:05 pm

[quote=ManagedMoney] [quote=Bobby Hull]I get a much bigger return on the money that I put into my business than he does. All brokers do. [/quote]

Simply claiming that you get a larger percentage return on the money you put in your business is a meaningless response to the question asked in the original post.  I could easily say that I invested $25 two weeks ago to pay for lunch with a prospect, and that led to him bringing over $1MM, of which I will generate 1% (which goes on the grid)  So, yeah, the return on that $25 could seem huge, except for the fact that it was a one time event, and it doesn't account for all the $25 lunches that didn't bring in any accounts. (and we're not even including the time factor)

The guy's client brings home $475k before taxes (generated from borrowed money)

So, to cut through your BS, please tell us all how much money you invest in your business that results in your bringing home $475k, and then tell us the types of things within your business that you put this invested money in.

P.S. I won't hold my breath waiting for you to answer.
[/quote]

So the guy makes $10,000 per year on one $25 lunch. Do you really think he failed to raise money from the other 399 lunches. Did you think about your comment before you decided to look stupid?

Apr 14, 2007 6:00 pm

[quote=Bobby Hull]

[quote=ManagedMoney] [quote=Bobby Hull]I get a much bigger return on the money that I put into my business than he does. All brokers do. [/quote]

Simply claiming that you get a larger percentage return on the money you put in your business is a meaningless response to the question asked in the original post.  I could easily say that I invested $25 two weeks ago to pay for lunch with a prospect, and that led to him bringing over $1MM, of which I will generate 1% (which goes on the grid)  So, yeah, the return on that $25 could seem huge, except for the fact that it was a one time event, and it doesn’t account for all the $25 lunches that didn’t bring in any accounts. (and we’re not even including the time factor)

The guy’s client brings home $475k before taxes (generated from borrowed money)

So, to cut through your BS, please tell us all how much money you invest in your business that results in your bringing home $475k, and then tell us the types of things within your business that you put this invested money in.

P.S. I won’t hold my breath waiting for you to answer.
[/quote]

So the guy makes $10,000 per year on one $25 lunch. Do you really think he failed to raise money from the other 399 lunches. Did you think about your comment before you decided to look stupid?

[/quote]

I didn't make $10,000 from one $25 lunch.  That amount went to the grid, so I make about $4,000. 

$4,000 doesn't equal $475,000...and 120 more lunches won't equal $475,000 either.

The point of the original thread was that the guy's client makes $475,000 a year by using someone else's money.  Your reply to his post, as usual, did not address his point.
Apr 14, 2007 6:14 pm

[quote=ManagedMoney] [quote=Bobby Hull]

[quote=ManagedMoney] [quote=Bobby Hull]I get a much bigger return on the money that I put into my business than he does. All brokers do. [/quote]

Simply claiming that you get a larger percentage return on the money you put in your business is a meaningless response to the question asked in the original post.  I could easily say that I invested $25 two weeks ago to pay for lunch with a prospect, and that led to him bringing over $1MM, of which I will generate 1% (which goes on the grid)  So, yeah, the return on that $25 could seem huge, except for the fact that it was a one time event, and it doesn't account for all the $25 lunches that didn't bring in any accounts. (and we're not even including the time factor)

The guy's client brings home $475k before taxes (generated from borrowed money)

So, to cut through your BS, please tell us all how much money you invest in your business that results in your bringing home $475k, and then tell us the types of things within your business that you put this invested money in.

P.S. I won't hold my breath waiting for you to answer.
[/quote]

So the guy makes $10,000 per year on one $25 lunch. Do you really think he failed to raise money from the other 399 lunches. Did you think about your comment before you decided to look stupid?

[/quote]

I didn't make $10,000 from one $25 lunch.  That amount went to the grid, so I make about $4,000. 

$4,000 doesn't equal $475,000...and 120 more lunches won't equal $475,000 either.

The point of the original thread was that the guy's client makes $475,000 a year by using someone else's money.  Your reply to his post, as usual, did not address his point.
[/quote]

I can't even discuss money with someone who is stupid enough to give 60% of his money to a brokerage firm. You know nothing about being an entrepreneur. If I ever need to learn about being an employee, you will be the first one that I look for.

Apr 14, 2007 6:24 pm

[quote=fritz]drive home on a Friday and wonder what the heck they are doing in this business?? One of my clients is about 35 years old and owns 7 McDonalds…Says he spends 10 minutes per store per week…makes about $475,000 (No grid).[/quote]

I call bs on this one…

No way some clown owns 7 franchises at the age of 35 without Daddy’s money or winning the lottery, and no way he spends 10 minutes per store per week unless he has a really good GM under him…

Apr 14, 2007 8:07 pm

I can guarantee you this story is total BS.

One of my best clients is a MCD's franchisee. He owns 10 stores and I know his numbers inside out. There is no way a guy with only 7 stores is pulling out 475k of the biz... Let alone spending only 10 min a day per store.  At his age he still has too much debt to pull out that much cash. McGarbage.

Apr 14, 2007 9:38 pm

Borrowed some Dough from 3 friends for the first store (repayed back within one year)…Then McDonalds financed the other locations…His best store makes 120K, worst store makes 60K.  I have known the guy since college and it is all very clear…I have been a witness to every step along the way.  In the beginning he worked to learn the business, but last 5 years time is spent on other things…He does not put in more than 2 hours per week into this restuarant stuff.  He had the iniative and made it happen.  My point is there are easier ways to make a buck than being a “finacial advisor” unless you have a lot of connections or family money.  The fact that most split 60/40 with the house, then taxes, makes me wonder about my decision.  My view is most successful people would say the house does not deserve 60%.  Also he makes money when is not working, which Buffet says is the key to making $$.

Apr 14, 2007 9:53 pm

[quote=fritz]Borrowed some Dough from 3 friends for the first store (repayed back within one year)...Then McDonalds financed the other locations..His best store makes 120K, worst store makes 60K.  I have known the guy since college and it is all very clear..I have been a witness to every step along the way.  In the beginning he worked to learn the business, but last 5 years time is spent on other things..He does not put in more than 2 hours per week into this restuarant stuff.  He had the iniative and made it happen.  My point is there are easier ways to make a buck than being a "finacial advisor" unless you have a lot of connections or family money.  The fact that most split 60/40 with the house, then taxes, makes me wonder about my decision.  My view is most successful people would say the house does not deserve 60%.  Also he makes money when is not working, which Buffet says is the key to making $$.[/quote]

He repaid $1,000,000 in his first year? Did you "witness" that?

Apr 14, 2007 10:32 pm

  You are brilliant..Where do you come up with your numbers..He bought the first one for 675K..put 20% down...He had about 30K and borrowed the other 100K from a few friends and paid the 100K back+ a little interest..He nets about 475K currently after expenses which include the interest he pays on the current debt..What part do you not get?? On his later purchases he put very very little down..Everything is pretty much financed.

Apr 14, 2007 11:29 pm

[quote=Bobby Hull][quote=ManagedMoney] [quote=Bobby Hull]

[quote=ManagedMoney] [quote=Bobby Hull]I get a much bigger return on the money that I put into my business than he does. All brokers do. [/quote]

Simply claiming that you get a larger percentage return on the money you put in your business is a meaningless response to the question asked in the original post.  I could easily say that I invested $25 two weeks ago to pay for lunch with a prospect, and that led to him bringing over $1MM, of which I will generate 1% (which goes on the grid)  So, yeah, the return on that $25 could seem huge, except for the fact that it was a one time event, and it doesn't account for all the $25 lunches that didn't bring in any accounts. (and we're not even including the time factor)

The guy's client brings home $475k before taxes (generated from borrowed money)

So, to cut through your BS, please tell us all how much money you invest in your business that results in your bringing home $475k, and then tell us the types of things within your business that you put this invested money in.

P.S. I won't hold my breath waiting for you to answer.
[/quote]

So the guy makes $10,000 per year on one $25 lunch. Do you really think he failed to raise money from the other 399 lunches. Did you think about your comment before you decided to look stupid?

[/quote]

I didn't make $10,000 from one $25 lunch.  That amount went to the grid, so I make about $4,000. 

$4,000 doesn't equal $475,000...and 120 more lunches won't equal $475,000 either.

The point of the original thread was that the guy's client makes $475,000 a year by using someone else's money.  Your reply to his post, as usual, did not address his point.
[/quote]

I can't even discuss money with someone who is stupid enough to give 60% of his money to a brokerage firm. You know nothing about being an entrepreneur. If I ever need to learn about being an employee, you will be the first one that I look for.

[/quote]

Once again I notice that you are completely impotent when it comes to actually discussing the point of a thread.

When someone knows the facts, they argue the facts.  When someone doesn't know the facts, they pound the table and make a lot of noise.  You win the prize for the biggest noise maker.




Apr 15, 2007 5:23 am

[quote=fritz]

  You are brilliant…Where do you come up with your numbers…He bought the first one for 675K…put 20% down…He had about 30K and borrowed the other 100K from a few friends and paid the 100K back+ a little interest…He nets about 475K currently after expenses which include the interest he pays on the current debt…What part do you not get?? On his later purchases he put very very little down…Everything is pretty much financed.

[/quote]

No way the banks would have let him get financing with only 30k of his own money and the rest in “gift loans” from friends.  Banks want to know the source of funds for a downpayment.
Apr 15, 2007 7:02 am


Children... Enjoy the hors d'oevers and chill.
Apr 15, 2007 8:41 am

[quote=joedabrkr]

No way the banks would have let him get
financing with only 30k of his own money and the rest in "gift loans"
from friends.  Banks want to know the source of funds for a
downpayment.
[/quote]



And how do we explain the subprime mortgage mess?



More to the point, being a stockbroker has a huge opportunity cost
associated with it, even if the fixed capital outlay is not all that
much, and variable expenses are reasonable.



As for only putting in 10min a week at 7 different MCD’s stores. I
really doubt it.  There is a huge amount of fixed capital tied up
in those stores.



As for passive income, the best is a royalty on the work of others (i.e
rent).  They have these nifty things called REITs which are little
bundles of rents. AllREIT in my book. 



As for Bobby Hull, when are people going to realise that he is just a hostile troll? He’s not creative enough to post troll thread topics so instead he just insults people.




Apr 15, 2007 8:51 am

As for Bobby Hull, when are people going to realise that he is just a hostile troll? He's not creative enough to post troll thread topics so instead he just insults people.

 Nice observation.

Apr 15, 2007 4:11 pm

And how do we explain the subprime mortgage mess

Banks don't make subprime mortgages.

Apr 15, 2007 5:13 pm

[quote=babbling looney]

And how do we explain the subprime mortgage mess

Banks don't make subprime mortgages.

[/quote]

Really?

You realise that WFC is the biggest subprime lender in the country, HSBC took a big write down on thier subprime book, CFC/NDE/WM/C all had subprime divisions.

Kind of like Asbestos, there is alot more exposure than commonly thought.
Apr 15, 2007 5:30 pm

"...His best store makes 120K, worst store makes 60K."

That's astounding! His BEST McDonalds makes 120,000 profit per year? (I assume that you mean by this that the guy takes no salary but only pockets the net profits per year from each store.

What about retained earnings? What about upgrades? What about corporate margin expansion (when MCD needs to charge more so that their stockholders can see some love?).

When I was a little one man shop I was out earning his BEST McDonald's. Triple net. I can't imagine going through all the work needed to keep a McDonald's up and running (you constantly need to hire new zit farms to run the food factory) There is an unendling supply of disasters happening when you have employees that are run by their hormones (or gummers who are run by their pharmacology) who couldn't care less about the "quality" of product that you are putting out. 1 store is a 60 hour/week job. 120M wouldn't be enough for me.

10 minutes per store? You've obviously never run a business. It's like the scene in  Easy Money where Rodney starts telling the prof what it's really like to be in business and negotiating with the garbage haulers!

Meanwhile, if you weren't the absolute bottom of the hill at a wirehose (not you personally, all brokers are) and you could actually make enough money there so that you could hire brokers to work for you... Then you'd be able to work towards the situation you think your client is in. Me? Being independent and hiring others to work under me. I'm on the way. I'll have it MY way, as the Big Mac daddy of my own firm.

So, to answer your question, I used to have those thoughts, but then I did something about it, and now I have other thoughts.

Apr 15, 2007 7:13 pm

[quote=Ashland]



Children… Enjoy the hors d’oevers and chill.[/quote]

Latex covered shrimp?

WTF?

Apr 15, 2007 7:33 pm

[quote=joedabrkr] [quote=Ashland]

Children... Enjoy the hors d'oevers and chill.[/quote]

Latex covered shrimp?

WTF?
[/quote]

I'm definitely not taking a run at THIS one.

Apr 15, 2007 7:40 pm

Getting back to the original spirit of the post, I have some clients who make a hell of a lot of money who don’t work all that hard.  Right of the top of my head, I have a fairly young lasik surgeon that works about 20-24 hours per week and nets well over $1 million per year.  I have a guy that owns a junk mail business who pulls down $500-600K and is a scratch golfer.  (You don’t get your handicap to zero logging lots of hours at the office.)  I have a client that owns part of a local title company that has strung together a pretty incredible run. (Probably does not have to work anymore if he chooses.)  And finally, I have a client who owns a “not for profit” debt counseling/consolidation business where he pays himself and his wife almost seven figures per year working 5-6 hours per day, 4 days per week. 

Apr 15, 2007 8:16 pm

[quote=Soothsayer]Getting back to the original spirit of the post, I have some clients who make a hell of a lot of money who don’t work all that hard.  Right of the top of my head, I have a fairly young lasik surgeon that works about 20-24 hours per week and nets well over $1 million per year.  I have a guy that owns a junk mail business who pulls down $500-600K and is a scratch golfer.  (You don’t get your handicap to zero logging lots of hours at the office.)  I have a client that owns part of a local title company that has strung together a pretty incredible run. (Probably does not have to work anymore if he chooses.)  And finally, I have a client who owns a “not for profit” debt counseling/consolidation business where he pays himself and his wife almost seven figures per year working 5-6 hours per day, 4 days per week.  [/quote]

Sounds like some good clients!!

I have no reason to disbelieve you.  But the story about the McD’s guy is supicious to me.

I wonder how the title guy is doing now?  We’ve had a few local title co’s go chap 11.  It’s a low margin business with a lot of fixed costs.

Apr 15, 2007 10:38 pm

I don’t think anyone answered the original question.  The business is no fun anymore…

Apr 15, 2007 10:42 pm

10 minutes per store? You've obviously never run a business. It's like the scene in  Easy Money where Rodney starts telling the prof what it's really like to be in business and negotiating with the garbage haulers!

Wasn't that in Back to School?

What's a widget?

Professor Turgeson

Apr 15, 2007 11:26 pm

Mucho righto you are, Mucho.

My bad.

Apr 16, 2007 1:39 am

Sock puppetry abounds in this forum. Barf.  How stupid do you think we are..l...I guess really.

Apr 16, 2007 4:29 am

[quote=babbling looney]

Sock puppetry abounds in this forum. Barf.  How stupid do you think we are…l…I guess really.

[/quote]

ROFLMFAO at “sock puppetry”.   It took a split second for the metaphor to register…
Apr 16, 2007 12:24 pm

[quote=joedabrkr] [quote=babbling looney]

Sock puppetry abounds in this forum. Barf.  How stupid do you think we are..l...I guess really.

[/quote]

ROFLMFAO at "sock puppetry".   It took a split second for the metaphor to register.....
[/quote]

She's got a dirty streak in her. That's why I keep her around.

Apr 16, 2007 4:52 pm

We all know there are many other carers out there that offer more money and better quality of life. Problem is this is the one we chose. You made your bed now lie in it. Do you have the guts to change your career? You willing to take the risk? If not, you're stuck working all day everyday 5 days a week until about age 60. That is your destiny.

Or just annuitize $100million and you could have his life!

Apr 16, 2007 10:48 pm

[quote=Bobby Hull]

[quote=fritz]Borrowed some Dough from 3 friends for the first store (repayed back within one year)...Then McDonalds financed the other locations..His best store makes 120K, worst store makes 60K.  I have known the guy since college and it is all very clear..I have been a witness to every step along the way.  In the beginning he worked to learn the business, but last 5 years time is spent on other things..He does not put in more than 2 hours per week into this restuarant stuff.  He had the iniative and made it happen.  My point is there are easier ways to make a buck than being a "finacial advisor" unless you have a lot of connections or family money.  The fact that most split 60/40 with the house, then taxes, makes me wonder about my decision.  My view is most successful people would say the house does not deserve 60%.  Also he makes money when is not working, which Buffet says is the key to making $$.

[/quote]

Now I know that your story is bogus...Corporate McD's does NOT allow a franchisee to fund the initial store with borrowed funds. In fact the regional controller will verify the source of funds are coming from your own means and are not borrowed. Secondly, if his BEST store nets ONLY 120k he is a piss poor owner who would have never got that many stores by age 35.

Apr 17, 2007 12:50 am

[quote=Broker Fee][quote=Bobby Hull]

[quote=fritz]Borrowed some Dough from 3 friends for the first store (repayed back within one year)...Then McDonalds financed the other locations..His best store makes 120K, worst store makes 60K.  I have known the guy since college and it is all very clear..I have been a witness to every step along the way.  In the beginning he worked to learn the business, but last 5 years time is spent on other things..He does not put in more than 2 hours per week into this restuarant stuff.  He had the iniative and made it happen.  My point is there are easier ways to make a buck than being a "finacial advisor" unless you have a lot of connections or family money.  The fact that most split 60/40 with the house, then taxes, makes me wonder about my decision.  My view is most successful people would say the house does not deserve 60%.  Also he makes money when is not working, which Buffet says is the key to making $$.

[/quote]

Now I know that your story is bogus...Corporate McD's does NOT allow a franchisee to fund the initial store with borrowed funds. In fact the regional controller will verify the source of funds are coming from your own means and are not borrowed. Secondly, if his BEST store nets ONLY 120k he is a piss poor owner who would have never got that many stores by age 35.

[/quote]

Actually, I believe the best store does $120m. $100m is pretty typical from what I've heard. The rest is a pack of lies. Starting with the fact that this guy is a client of this piker.

Apr 17, 2007 1:36 am

Actually, this is possible.  My background is in corporate finance in the restaurant and hotel industry.  My experience is that with these smaller deals (restaurants, low-end hotels/motels), some pretty unique deals are put together from a funding perspective.  Once you get into the multi-million dollar deals with heavy real estate involved, the deals are pretty boiler-plate (requiring guarantees, source of funds, etc.).  It's even easier when just the business operation changes hands (he may be renting/leasing the real estate, so no financing required).

And I personally knew MANY hands-off owners that just hired the right managers or management company.  They would go to monthly operations reviews and quarterly or monthly financial reviews.  Your margins are lower under this scenario because of management overhead, but you remove the operational headaches involved in this business.

Most of you are probably more familiar with the "hands-on" owner/manager, which is also very common, but not exclusive to the industry.

Apr 17, 2007 5:34 am

[quote=fritz]drive home on a Friday and wonder what the heck they are doing in this business?? One of my clients is about 35 years old and owns 7 McDonalds..Says he spends 10 minutes per store per week...makes about $475,000 (No grid).[/quote]

Did you ever stop to think that perhaps running a group of McDonald's franchises isn't the bed of roses that you're painting?  Ever consider what happens when one of your tattoo-wearing multiple-pierced employees decides he doesn't want to put Big Macs together all day for minimum wage?  Hope and pray he just doesn't show up for work and you have to scramble for a replacement (and perhaps flip a few burgers yourself).  Instead, he could put a few cockroaches or a dead mouse between the buns of the next sandwich he makes just for kicks and get your franchise-owning sesame seed buns sued out of existence.

What happens when people decide they are sick of McDonalds and/or some new franchise sweeps in and Wal-Marts your KMart?

What happens when your contract runs out and your franchise fee goes up 30%?.

What happens when someone reading an internet forum decides that making money as a McDonald's franchisee is easy money and sets up new stores within a stone's throw of several of yours?

What happens when one of your employees tests positive for Hepatitis C, or your lettuce is found to be full of e-coli after a bunch of people get sick?

What happens when the McDonald's bandit decides that he can make a living knocking over your stores just before closing time?

What happens when someone invents the cell phone and renders all your payphones obsolete?

In my book, there's nothing sexy or appealing about the fast food business.  It's a filthy, nasty business (ever cleaned a McDonald's bathroom?), and I'm guessing that the only people who romanticize it are those who have never done it.  If you've ever worked behind the counter, you'd need a strong stomach to ever eat there again.

Fritz, you've bitched and moaned about your job on a regular basis and when you're gushing about owning your own burger joint, it's obvious to me that you don't belong in this business.  You may never be happy (you strike me as that type), but for certain, you're not happy in this business, so why don't you do all of us a favor and get out?

No successful investment advisor fantasizes about getting out of the business to pursue the dream of owning a McDonald's.

Apr 17, 2007 2:56 pm

Fritz-

Two comments. One is that there isn't a day in the beginning of your career where you question whether or not this industry is the right one to be in. As you get older in the business, those days become fewer and fewer. Never in my career have I thought this is it, but many times I have wondered if there is something better or easier (which is where I think you were headed with this thread). But really is it any easier? .

One of my clients owns 9 BK franchises. He is selling after 20 years now. In an industry with 400% average turnover for employees he has built quality management with only 100% turnover. His managers have been with him some as long as 10 years. His biggest fear is government intervention requiring him to offer medical insurance to all employees, which would cripple his profits (he does offer insurance to full time employees but many are part time). Workers comp costs were impacting the bottom line until recent reform, franchisee costs continue to go up that he can't control. Pricing is more competitive with a fast food outlet on every corner (are you listening Edward Jones?) . Bottom line he has survived while many have failed for 20 years. So why sell now. Because he believes that taxes can't go anywhere but up, and he feels now is the time before the political climate changes any further.

Just as Indy said above, it isn't greener on the other side. Make the best of it an as my wife says to me frequently, enjoy the journey. The best job, in my view, is the one you have. If you are sour to the industry and can't see your way out of the negativity, I think Indy's comments above are right on. Negativity will kill your business quicker than any market downturn.

Apr 17, 2007 4:09 pm

"If you think you can do a thing or think you can't do a thing, you're right."

--Henry Ford 

Apr 17, 2007 4:21 pm

[quote=fritz]drive home on a Friday and wonder what the heck they are doing in this business?? One of my clients is about 35 years old and owns 7 McDonalds..Says he spends 10 minutes per store per week...makes about $475,000 (No grid).[/quote]

Fritz, others have done a fine job of pointing out the old "grass is greener" story to you. I'll simply add that I've been telling you for a year or more to quit and do something else that can make you happy. Life is too short, pal.

Apr 17, 2007 4:49 pm

[quote=mikebutler222]

[quote=fritz]drive home on a Friday and wonder what the heck they are doing in this business?? One of my clients is about 35 years old and owns 7 McDonalds..Says he spends 10 minutes per store per week...makes about $475,000 (No grid).[/quote]

Fritz, others have done a fine job of pointing out the old "grass is greener" story to you. I'll simply add that I've been telling you for a year or more to quit and do something else that can make you happy. Life is too short, pal.

[/quote]

Is life really too short or are we just going to be dead for a really long time?

Apr 18, 2007 12:48 am

[quote=fritz] drive home on a Friday and wonder what the heck they are

doing in this business??onclick=“AddSmileyIcon’smileys/smiley2.gif’” alt=Wink http://

forums.registeredrep.com/smileys/smiley2.gif"> One of my clients is

about 35 years old and owns 7 McDonalds…Says he spends 10 minutes

per store per week…makes about $475,000 (No grid).[/quote]



One other thing, Fritz. Just because you stumbled upon someone making

half a mil a year, working 5 hours a week at age 35 (true or not is

irrelevant), it is an aboration. The vast majority of us in the world have to

work really hard for a living. And when you love what you do, it doesn’t

seem as much like hard work. You just have to decide what job (or

business) you want to work really hard at.

Apr 19, 2007 11:27 pm

Butler you are an absolute moron…I am going to let you know my last name is Fritz and I am the CEO of a publicly traded biotech…I have never been a “financial advisor.” I do hath sympathy for you and your kind.  My brother is a broker at Merrill ,he made me aware of your level of smarts and we have been having a few laughs with you over the past several months…

Apr 19, 2007 11:38 pm

"Butler you are an absolute moron...I am going to let you know my last name is Fritz and I am the CEO of a publicly traded biotech..I have never been a "financial advisor." I do hath sympathy for you and your kind.  My brother is a broker at Merrill ,he made me aware of your level of smarts and we have been having a few laughs with you over the past several months.. "

Well then we should add your name to the list of jackasses on this site. Buh bye- thanks for being a jackass, and lets hope your bro blows your account up...

Apr 20, 2007 12:59 am

[quote=fritz] Butler you are an absolute moron…I am going to let you

know my last name is Fritz and I am the CEO of a publicly traded

biotech…I have never been a “financial advisor.” I do hath sympathy for

you and your kind. My brother is a broker at Merrill ,he made me aware

of your level of smarts and we have been having a few laughs with you

over the past several months…[/quote]



Wow. First you’re a broker wanting to ram a highway abutment because

you have a client who makes a ton of money from MackyD franchises, and

now you’re the CEO of a biotech firm, and have never been a financial

advisor. And Mike is a moron???



It may be so, for all I know…

But to me it sounds mighty queer…

So tie the bull outside, my dear…

So it don’t sh*t in here!



Apr 20, 2007 1:01 am

It may be so, for all I know...
But to me it sounds mighty queer...
So tie the bull outside, my dear...
So it don't sh*t in here!"

PK- is that off the second verse on the new 50 CENT song? That guy is so cool, sitting around in Mike Tysons old mansion in Greenwich, hanging out with his bullet hole wounds...

Apr 20, 2007 1:05 am

[quote=blarmston]

It may be so, for all I know… But to me it sounds

mighty queer… So tie the bull outside, my dear… So it don’t sh*t in here!"[/

P]

PK- is that off the second verse on the new 50 CENT song? That guy is so

cool, sitting around in Mike Tysons old mansion in Greenwich, hanging out

with his bullet hole wounds…

[/quote]



LOL…No, that was around when I was a kid, about a hundred years ago or

so.



I do like your version better though!