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Actually, a friend of mine did this. Built up a company, got bought out for 7 figures plus change, went to work fo the new company where his old company was the only profitable part, then after his 2 year contract was up founded a new company to compete with the old one. By a back of an envelope calculation he takes a week off to go on holiday every 3.2 weeks. Must be working.
Some fellow kept building refineries. John David Rockefeller kept buying them. Folks thought he was avoiding competition. The other fellow just enjoyed taking the money from the sale of the last to build the newer and better one.
BE THIS GUY about 1 year ago
Nobody is looking out for these kidsâ interests.
Blood-Poisoning Vermin about 1 year ago
âSounds like a planâ in the same sense that Trump âsounds like a sentient beingâ when he opens his pie hole
STEPUP about 1 year ago
Theyâre still idiots, nothing has changed!!!
cracker65 about 1 year ago
Same old same old
snsurone76 about 1 year ago
When will those two hucksters be arrested, already??
robertthomasson Premium Member about 1 year ago
Actually, a friend of mine did this. Built up a company, got bought out for 7 figures plus change, went to work fo the new company where his old company was the only profitable part, then after his 2 year contract was up founded a new company to compete with the old one. By a back of an envelope calculation he takes a week off to go on holiday every 3.2 weeks. Must be working.
erick.robinson about 1 year ago
âŠ. too bad theyâll fail to consider the 2 year âno-competeâ clause and end up getting sued and lose THAT to Mike as well⊠oops!
ladykat Premium Member about 1 year ago
Have fun, boys.
Gen.Flashman about 1 year ago
$5,000 ($9,000 2024) for nothing is a good deal; they have nothing, even the idea of of buying inventory from distressed businesses is not original.
Local 574 Premium Member about 1 year ago
This kind of s**t did really take place back then. Now, itâs hilarious.
mistercatworks about 1 year ago
These guys are the âLenny and Squiggyâ of corporate finance. :)
David Huie Green LikeNobody'sEverSeen about 1 year ago
Some fellow kept building refineries. John David Rockefeller kept buying them. Folks thought he was avoiding competition. The other fellow just enjoyed taking the money from the sale of the last to build the newer and better one.
[Unnamed Reader - 14b4ce] about 1 year ago
Throw in a yearâs supply of M&Mâs and itâs a deal
jakko1 about 1 year ago
Isnât capitalism fun?
bt about 1 year ago
Doesnât Jeff know that Mike was married to his half sister and is his nieceâs father?
eced52 about 1 year ago
Sounds like financial ruin.