Who here is actually financially independent/works for themselves?

brixlingo

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Title. I am looking on starting my own business and obviously be financially independent. No one around me is doing it and are in the rat race. Who here has done it and what are some tips for a guy starting out?
 

lamath

Master Don Juan
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Title. I am looking on starting my own business and obviously be financially independent. No one around me is doing it and are in the rat race. Who here has done it and what are some tips for a guy starting out?
I kind of lucky because my family business do some specialized work for a power company, moving big power transformer under power line without the use of a crane.
Its really good money when we work but contract are often few and far.
My cash flow is unpredictable 1 year we had a profit of almost 2mill the other 300k.
That 2 mill year we invested alot on equipments spending like its always gonna be like that, but it does not reflect the reality.

Most important thing for me is to always have 6-12month living expense saved up
 
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