very straight forward questions...

[fusnik11]

and id hope to get some very straight forward answers!

why do people work for other people?

why dont you do what you do now except do it on your own?

what does it take to make something work?

why dont more people invest in real estate?

thanks...

[MikeWaters]

why do people work for other people?

security, saves the hassle of all the day to day things that self-employed, or small business people have to take care of. Benefits (health, retirement).

why dont you do what you do now except do it on your own?

If I go into practice I will work for myself. If I go into research, I'll work for someone (no choice).

what does it take to make something work?

gumption.

why dont more people invest in real estate?

lack of capital. being a landlord is a pain. real estate not terribly liquid. people often dont live in the same city for too long.

[UtahDan]

Originally Posted by fusnik11

and id hope to get some very straight forward answers!

why do people work for other people?

why dont you do what you do now except do it on your own?

what does it take to make something work?

why dont more people invest in real estate?

thanks...

Many reasons: lack of start up capital, lack of experience are the two biggies. In my profession very few people have the money (and none have the expertise) to hang out their shingle straight out of school.

I am not ready to go out on my own at this point. Even if I were, there are advantages to working in a collective, ie, aggregated experience, name recogntition/reputation.

Those are the only two I can answer.

[NorCal Cat]

1) Because it's easier to work for someone else. As with most things in life, people tend to choose the path of least resistance.

2) Very tough to break into the type of business I am in as a start-up.

3) Desire, passion, "sticktoitiveness"

4) It's not very liquid, very illiquid in some markets. Takes a lot of capital to get in, especially here in CA.