I live in a place that is full of billionaires and multimillionaires. It isn’t rare to find someone happily running a coffee shop or bakery or micro-brewery, artisan art gallery, etc because it was always their dream. A dream they could only pursue after they felt rich enough to know that they could do so without risking their well being. In its own way, it is very very sad. You have to buy the privilege to follow your dreams.
My city is full of shops and restaurants run by people who worked corporate jobs for decades while saving up to open their dream shop. The commercial landlords have realized this, and raised rents to the point where profitable businesses are a financial impossibility—they just aim to drain their tenants’ life savings as quickly as possible while they line up the next hopefuls. The city is full of amazing shops and restaurants, but they have a turnover time in months.
Goat herding, on the other hand, is much less susceptible to commercial rent inflation.
Having owned a small business like that, I wouldn’t do it unless I was independently wealthy. The stress isn’t worth it, especially in a remote place without much foot traffic.
Ok, I’m not that rich. But I did start a distillery once I paid off the house. It’s doing well but I needed to do something tangible instead of being strapped to a computer.
I live in a place that is full of billionaires and multimillionaires. It isn’t rare to find someone happily running a coffee shop or bakery or micro-brewery, artisan art gallery, etc because it was always their dream. A dream they could only pursue after they felt rich enough to know that they could do so without risking their well being. In its own way, it is very very sad. You have to buy the privilege to follow your dreams.
My city is full of shops and restaurants run by people who worked corporate jobs for decades while saving up to open their dream shop. The commercial landlords have realized this, and raised rents to the point where profitable businesses are a financial impossibility—they just aim to drain their tenants’ life savings as quickly as possible while they line up the next hopefuls. The city is full of amazing shops and restaurants, but they have a turnover time in months.
Goat herding, on the other hand, is much less susceptible to commercial rent inflation.
You say that, but you still need land on which to herd the goats.
Seize the commons back!
Read Marx, everyone! Workers of the world, unite!
I recommend Mongolia
Having owned a small business like that, I wouldn’t do it unless I was independently wealthy. The stress isn’t worth it, especially in a remote place without much foot traffic.
Maybe open a business where the customers are
Yes but then you have to live near people, the most dangerous animal on the planet
Ok, I’m not that rich. But I did start a distillery once I paid off the house. It’s doing well but I needed to do something tangible instead of being strapped to a computer.