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Updated about 11 years ago on . Most recent reply

User Stats

12
Posts
2
Votes
Eddie Dixon
  • Ocala, FL
2
Votes |
12
Posts

Is this a good idea? $30,000

Eddie Dixon
  • Ocala, FL
Posted

Ok, so so I've started my wholesale business in August and have generated a good amount of leads but have yet to close on a deal. And at the moment my marketing budget is very low so my leads haven't been coming in like they were in the last couple weeks. But my main reason for posting this is because I want to know if what I have in mind is a good idea. So I've worked at a large grocery store for the past 12 years and make decent money and have a little over $40,000 in stock. I have considered looking for another full-time job so I could take this money and use it towards investing or marketing or whatever would help me out in my business. I realize if I take this money they would take a large amount out for taxes and penalties but I would still get about $30,000+ out of it. I just want to know if this is a good idea and if I made this step what would be my best move with this amount of money? I would appreciate any help I could get. Thank you, Eddie

Most Popular Reply

User Stats

1,762
Posts
1,299
Votes
Eric M.
  • Flipper/Rehabber
  • Louisville, KY
1,299
Votes |
1,762
Posts
Eric M.
  • Flipper/Rehabber
  • Louisville, KY
Replied

So you have gotten leads for 4 months but have closed none and you want to know if you should cash out all your money to invest in this "business"?

I say that sounds silly. You need to prove you can close a deal.

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