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We got issues.... Lol

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  • 09-25-2012, 10:09 PM
    Ridinandreptiles
    We got issues.... Lol
    So I have a decent amount of snakes and I wanted to pick it up a notch by investing in a coral glow(I even have the cash money) but mom says no. She doesn't realize the investment aspect. I tried to tell her even with the price drop and the girls I'm pairing him to there would be no way I couldn't make my money back in te first 2 years.if not the first. I showed her "the ball game" video but she won't let me do it. Convincing suggestions?
  • 09-25-2012, 10:13 PM
    adam_c
    Re: We got issues.... Lol
    get a banana. she didn't say no to that.. lol :D
  • 09-25-2012, 10:15 PM
    Ridinandreptiles
    Re: We got issues.... Lol
    Quote:

    Originally Posted by adam_c View Post
    get a banana. she didn't say no to that.. lol :D

    I just might have to :banana:
  • 09-25-2012, 11:13 PM
    Ridinandreptiles
    I know some of you guys have convinced your wives to buy expensive snakes(; How'd y'all do it
  • 09-25-2012, 11:16 PM
    stickyalvinroll
    dude, just buy it and say it was like 400 dollars. wait two years and show off your bank account to your mom! sometimes you gotta do what's right for you.
  • 09-25-2012, 11:19 PM
    Mike41793
    If you have the cash to buy a coral glow then you should be old enough to not have your mom telling you what to do. Or am i missing something here...?
  • 09-25-2012, 11:22 PM
    RoseyReps
    I'm confused. If you already have many bp's, and the cash is yours...why do you need to convince your mom? Or are you under 18 and need her permission? If you're under 18, I would just say wait and buy one when you're 18. Convincing someone who has no idea about morphs and snakes etc to allow you to drop 10-12k on a snake isn't an easy task. She is thinking you are making a fools mistake spending that kind of money on any animal I'm sure. If you want to jump into the ball game, wait a couple years and jump then. So you don't HAVE to have her permission, and then you can show her your success :) But, good luck with convincing anyways! :gj:

    Edit: Oh, and convincing a SO is not on the same page as convincing a parent ;) SO's should have equal say in big financial purchases, parent / child doesn't work that way. Sure, parents should take into consideration the kid's power-point presentation on how awesome their idea is..but when it gets down to brass tax it is the parents decision completely. :D
  • 09-25-2012, 11:28 PM
    I-KandyReptiles
    Quote:

    Originally Posted by RoseyReps View Post
    I'm confused. If you already have many bp's, and the cash is yours...why do you need to convince your mom? Or are you under 18 and need her permission? If you're under 18, I would just say wait and buy one when you're 18. Convincing someone who has no idea about morphs and snakes etc to allow you to drop 10-12k on a snake isn't an easy task. She is thinking you are making a fools mistake spending that kind of money on any animal I'm sure. If you want to jump into the ball game, wait a couple years and jump then. So you don't HAVE to have her permission, and then you can show her your success :) But, good luck with convincing anyways! :gj:

    Edit: Oh, and convincing a SO is not on the same page as convincing a parent ;) SO's should have equal say in big financial purchases, parent / child doesn't work that way. Sure, parents should take into consideration the kid's power-point presentation on how awesome their idea is..but when it gets down to brass tax it is the parents decision completely. :D

    I think he's like 14..

    I wouldn't let my child drop that much cash on a snake. :/ he should save that money to move out/further his education IMO.
  • 09-25-2012, 11:30 PM
    Ridinandreptiles
    its my money, but she has a hard time just letting me drop it whick is understandale, she understands morphs, i bought a champagne 2 years ago and it paid for itself twice over. i am under 18 so technically she can tell me no @_@

    - - - Updated - - -

    im not 14, my brother shares the account with me so maybe your referring to that??
  • 09-25-2012, 11:32 PM
    RoseyReps
    Ah. Well in that case I agree 100% with bobbafett.
    I would not let my kid under 18 drop that kind of money on anything except college or nest egg for a place to live. So I'll stick to my wait until you're 18 and financially stable before you make that kind of decision.
  • 09-25-2012, 11:35 PM
    I-KandyReptiles
    Plus if your parents don't want you to do something, and you live under their roof, it's a good idea to comply to their rules.

    You can try all you want to change their minds, but I can see why your mom says no.
  • 09-25-2012, 11:38 PM
    Ridinandreptiles
    Re: We got issues.... Lol
    Quote:

    Originally Posted by Bobbafett View Post
    Plus if your parents don't want you to do something, and you live under their roof, it's a good idea to comply to their rules.

    You can try all you want to change their minds, but I can see why your mom says no.

    thats why im not just gonna buy it anyways, REMEMBER i started this thread to give me idea on how to convince!
  • 09-25-2012, 11:38 PM
    1nstinct
    Ill be honest, if you have 12 grand sitting around, why do you still need your parents permission? How many is a "decent" amount of snakes? Think about it in the long run. Have you breed bps yet? How quickly did they sell? do you have the space for all these babies you plan to hatch?Feeding them? Do not waste money now thinking about how much you "could" make selling the babies. If you just thinking about money to me your in the "ball game" for all the wrong reasons. Ball pythons start as a hobby/passion then can possible turn into a job, not the other way around IMHO. I think you need to sit down and do some thinking, and see if you want to spend 12k on a snake. If you do more power to you, just dont look at it as a a quick way to get your money back.
  • 09-25-2012, 11:40 PM
    DavidMundy
    As much as I love ball pythons, if I had $10,000+ sitting around it would be spent on a car or saved for a down payment on a house not a snake. I know you could potentially make triple or more of what you put into it but $10,000 is a lot of money for someone under 18 to have and spend on a snake. Maybe you should spend it on some less expensive morphs and put the rest in the bank?
  • 09-25-2012, 11:41 PM
    I-KandyReptiles
    Or move out of your parents house and get it then
  • 09-25-2012, 11:48 PM
    Ridinandreptiles
    its a hobby, not quick money, i just want to rekoop/produce cool animals. i have succesfully bre dbps many times and i have the space. my 50 tub baby rack had 15 spaces. that can support a clutch.

    - - - Updated - - -

    i have all necessities, i got my money from selling my race quad i put money in since i was 10 years old!:gj:

    - - - Updated - - -

    maybe i shouldnt have mantioned what morph of snke im trying to get my hands on :taz:
  • 09-25-2012, 11:49 PM
    1nstinct
    i have been saving since i was 14, im 22 turning 23, but im saving for a house. Once you hit 18, things take a big turn, you find yourself with lots of bills. I am over 100K in school loans and i still dont have my BA in bio yet, car payments, car insurance all add up trust me. I see where your mom is saying no since you under 18, yes theres a possibility you could make 10 times the amount you spend in one year, but unless you plan to do this for the rest of your life as a full time job, i would take half the money saved and keep saving it because soon your going to wish you had that money to help pay off some of the bills that keep adding up.
  • 09-25-2012, 11:53 PM
    Vesper
    I may not be the greatest example, as I usually just did it anyway when it came to my mother saying no...but I look back now and realize I should have just listened most of the time. Especially when it came to money.
    Most of those things I regret was listening to her say "Stop spending your money." Put the cash away and save it. Save up some extra cash on top of that and then buy your snake, and by then they'll probably be cheaper anyway. But you'll want that 10-12k later on when you're older and getting ready to goto college. Or just moving out, or getting a job and need a down payment (or possible straight out by a vehicle) for a car.
    If I would have put up my money from work during high school, I would have had a nice nest egg. Instead, I struggled from paycheck to paycheck. I sold off a lot of the things I bought when I was younger to help me get by when I lost my job...three times. I didn't have the money to take care of pets. Not a dog, not a cat, not anything.
  • 09-25-2012, 11:53 PM
    I-KandyReptiles
    I wish I could go back and tell myself that I need to save. I'd never drop $10k on a snake, especially if I wasn't even on my own yet.

    Do you pay rent? Pay for
    Grocceries? If not, maybe you should considering you have the money to blow on snakes :/
  • 09-25-2012, 11:59 PM
    Ridinandreptiles
    Re: We got issues.... Lol
    Quote:

    Originally Posted by Bobbafett View Post
    I wish I could go back and tell myself that I need to save. I'd never drop $10k on a snake, especially if I wasn't even on my own yet.

    Do you pay rent? Pay for
    Grocceries? If not, maybe you should considering you have the money to blow on snakes :/

    as far as education i scored a scholarship for my first 4 years and its local. however, y'all have made me seriously think about it.
  • 09-26-2012, 01:31 AM
    WingedWolfPsion
    *sighs*

    Ok, I'm a mom, and here's my opinion....which seems to be different from everyone else's.

    You've already proven your concept with the champagne. You can care for the animals well, and you can make them reproduce. You probably have a nice little collection of morphs going. If you were my kid, with that track record, I would let you do it. It's clear you can make money.

    Now, she may be hesitant if the money for that snake represents a large chunk of what you have, or all that you have. Ever hear the phrase 'don't put all of your eggs in one basket'? Perhaps you would be better off investing in a project that's half the price of that one, for now--in case something happens to the animal, you need some sort of back up.

    If that's not the case--if you can fully afford it, and can still recover if something happens to the animal, then I don't see why she shouldn't allow it.

    Create a spreadsheet, and show all of your expenditures and your income since you began breeding snakes. Show how much you put into it, and how much you got out. If the numbers don't impress her, then probably nothing will.

    College? Guys, if he's buying a coral glow, he'll have college covered without any student loans in a few years, provided he does it right. He can buy his car the first year he gets a good clutch from it.

    You know what I wish I had done at that age? Not save--INVEST. If I had known then what I know now, I'd be rich. (And I wouldn't have lost half my net worth in the economic crash, but that's a different story). High end ball morphs are an investment, if you're breeding them. They're a business. Cranking out a few clutches of champagnes doesn't make chump change, it makes real money. This isn't 'blowing money on a snake', it's an investment.

    That's my opinion.
  • 09-26-2012, 01:39 AM
    Kodieh
    Quote:

    Originally Posted by Bobbafett View Post
    Plus if your parents don't want you to do something, and you live under their roof, it's a good idea to comply to their rules.

    You can try all you want to change their minds, but I can see why your mom says no.

    I'd say this goes for if you live with someone else who pays for the place entirely. If you're not kicking in for bills, it's their decision and you gotta stick with it.


    Browsing on Tapatalk from my iPhone :)
  • 09-26-2012, 02:47 AM
    Gene Collins
    Re: We got issues.... Lol
    Quote:

    Originally Posted by WingedWolfPsion View Post
    *sighs*

    Ok, I'm a mom, and here's my opinion....which seems to be different from everyone else's.

    You've already proven your concept with the champagne. You can care for the animals well, and you can make them reproduce. You probably have a nice little collection of morphs going. If you were my kid, with that track record, I would let you do it. It's clear you can make money.

    Now, she may be hesitant if the money for that snake represents a large chunk of what you have, or all that you have. Ever hear the phrase 'don't put all of your eggs in one basket'? Perhaps you would be better off investing in a project that's half the price of that one, for now--in case something happens to the animal, you need some sort of back up.

    If that's not the case--if you can fully afford it, and can still recover if something happens to the animal, then I don't see why she shouldn't allow it.

    Create a spreadsheet, and show all of your expenditures and your income since you began breeding snakes. Show how much you put into it, and how much you got out. If the numbers don't impress her, then probably nothing will.

    College? Guys, if he's buying a coral glow, he'll have college covered without any student loans in a few years, provided he does it right. He can buy his car the first year he gets a good clutch from it.

    You know what I wish I had done at that age? Not save--INVEST. If I had known then what I know now, I'd be rich. (And I wouldn't have lost half my net worth in the economic crash, but that's a different story). High end ball morphs are an investment, if you're breeding them. They're a business. Cranking out a few clutches of champagnes doesn't make chump change, it makes real money. This isn't 'blowing money on a snake', it's an investment.

    That's my opinion.


    This is exactly what I am thinking. If he got the money to drop on the snake in the first place he should have no problem with college. He was able to come up with the money in the first place. He has shown success in breeding already. Sounds like a great way to pay for college IMO.
  • 09-26-2012, 09:50 AM
    Ridinandreptiles
    Re: We got issues.... Lol
    Quote:

    Originally Posted by WingedWolfPsion View Post
    *sighs*

    Ok, I'm a mom, and here's my opinion....which seems to be different from everyone else's.

    You've already proven your concept with the champagne. You can care for the animals well, and you can make them reproduce. You probably have a nice little collection of morphs going. If you were my kid, with that track record, I would let you do it. It's clear you can make money.

    Now, she may be hesitant if the money for that snake represents a large chunk of what you have, or all that you have. Ever hear the phrase 'don't put all of your eggs in one basket'? Perhaps you would be better off investing in a project that's half the price of that one, for now--in case something happens to the animal, you need some sort of back up.

    If that's not the case--if you can fully afford it, and can still recover if something happens to the animal, then I don't see why she shouldn't allow it.

    Create a spreadsheet, and show all of your expenditures and your income since you began breeding snakes. Show how much you put into it, and how much you got out. If the numbers don't impress her, then probably nothing will.

    College? Guys, if he's buying a coral glow, he'll have college covered without any student loans in a few years, provided he does it right. He can buy his car the first year he gets a good clutch from it.

    You know what I wish I had done at that age? Not save--INVEST. If I had known then what I know now, I'd be rich. (And I wouldn't have lost half my net worth in the economic crash, but that's a different story). High end ball morphs are an investment, if you're breeding them. They're a business. Cranking out a few clutches of champagnes doesn't make chump change, it makes real money. This isn't 'blowing money on a snake', it's an investment.

    That's my opinion.

    thank you...the speadsheet is a great idea
  • 09-26-2012, 10:05 AM
    4Ballz
    I cannot "buy" anymore, till I breed the ones I have to show her I can actually produce my own balls. However, adopting was never mentioned, nor was trading. So, when I finally do it, and show her I am able, then I can buy and add more.
  • 09-26-2012, 11:01 AM
    Chkadii
    If the coral glow is still off-limits, maybe compromise and prove out some reliable breeder's 100% hets? You'd have to have at least one het for the coral glow to get visuals anyway (it's recessive, right?), and an unlucky clutch could set you back a year, but it'd be less money spent on one lump sum.

    I'm not a mom, but I did just become completely financially independent fairly recently (in my 20s), and if I could give advice to a younger me it'd be to start saving at your age. If you have college totally covered-and I mean a full ride or the money to cover what the scholarships don't, and if you have consistent savings, such as putting $100 into a savings account each month, then I could support the coral glow decision. Student loans are awful, and in today's shaky economy jobs aren't guaranteed. I got lucky with a decent job 2 years out of college, but I'm still struggling with paying off student loans on top of my other bills- and this is after working full time through school. You should come up with a back-up plan if the very worst happens; having to leave school (for whatever reason), sudden medical costs (for you and your snakes), a buffer if you lose or can't find a job. While its nice to imagine the money you'd get for a 7-egg clutch of all coral glows, you should spend and save your money as if you expect all slugs and an R.I. for your breeder. (Though I'm sure you're a great keeper and breeder; I'm just coming up with unfortunate examples.)

    So if you want to skip all the nagging, negative nelly stuff: compromise with your mom and try something smaller and don't blow all your money in one go. But for the record, I hope you can do all that and get your glow, and I will live vicariously through you when you do. :D

    Best of luck!
  • 09-26-2012, 11:13 AM
    RoseyReps
    I guess my issue is, he didn't make the money from breeding, or save over time. He sold his quad and got a lump sum that he now wants to put entirely in one snake. If you are in fact making good money breeding, and covering your overhead (food, supplies, your part of the electricity and water) then a spreadsheet is a good idea. But if you haven't started doing your part yet with the overhead, and your mom is footing the bills for the snakes and their care...I don't think I would be for it. Coral glows are an iinvestment, but if you haven't shown that your current investments have pulled their own weight yet, and then some, that doesnt show me you've made good investments yet. I do agree however that perhaps a different project may be a better idea. Perhaps something that is in the 5k range, and taking the other 5-7 and putting it towards your overhead / finding a facility. If you have been taking care of all the expenses, and seeing a decent return on investment, then I may consider the big buy. But I would definitely need to see real numbers first. Not just well the champ cost 1500, and I already made 3k from it! That is not a business proposition / good explanation of your profit & loss.

    - - - Updated - - -

    Coral glows are Co dom. And a wonderful investment for those in the right spot financially.
  • 09-26-2012, 11:36 AM
    MrLang
    Yeah, this reads to me as a kid getting handed more money than he knows how to handle. No offense and you don't need to argue the point with me... it's just my silly, unfounded opinion.

    Good thing his mom seems to be the one in control of it.

    Take then 10k, keep it in the bank, and when you EARN another 10k with WORK you can invest it how you see fit. You might be surprised how the labor will make you think twice about what you spend it on.

    Also,
    You said you bought into champagne? If you're working that project correctly and have no bills to pay in life, you should be able to pump out 10k in babies in 1 breeding season. You watched 'the ball game' video? Convince your mom to let you spend 1k on 5 normal females at breeding weight and make your 10,000 this winter. Buy the coral glow in 6 months.
  • 09-26-2012, 01:13 PM
    Ridinandreptiles
    I've made a sum of money from my champ, but I kept a lot of the real cherry animals, my mom pays nothing for my snakes or supplies its all me. I have insurance for death of my animals
  • 09-26-2012, 01:31 PM
    sissysnakes
    So when I was in HS I saved until I had about 13k. After graduation the money was spent over the next 4 years on the following:

    Living on my own for the first time
    Going to:
    Belgium
    Holland
    Switzerland
    France
    Living in Hawaii for 6 months
    Visiting Hawaii 3 times the following year
    Road tripping every summer to Maine, Boston, NY.. and more

    It funded many more experiences then what I listed above. It was wonderful having that financial independence to do what i wanted and when I wanted... I just think you should consider all the wonderful things you could use the money for... I lived cheaply and spent it all on gas and plane tickets. Loved every minute of it.

    Sent from my DROID4 using Tapatalk 2
  • 09-26-2012, 01:42 PM
    Mike41793
    What do you do for work? And how can you get me a job doing it?

    I just dont understand how someone under 18 is making that much... Ive been working since i was 16 (averaging 28hrs a week but working 40hrs+ over the summers when i wasnt in school) and the most ive made in a year was like $16K. I couldnt even dream about dropping that kinda money on a CG at this point in my life. Dont you have bills to pay?

    Im not trying to get nosy or anything but i feel like youre not telling us part of the story...
  • 09-26-2012, 02:52 PM
    BWyant
    Re: We got issues.... Lol
    If you're 18, that means you've got college coming up. That's going to mean a lot less time that you can devote to your BPs anyway.

    I'm not saying a coral glow is a bad idea. It just may not be the best timing. If you could get one this year, breed it and sell the babies before you started college, maybe that's a decent idea. But, once you get into college, you're going to want to have some spending money sitting around. Trust me, beer and girls ain't cheap.

    As far as mom goes, I think the best thing might be to compromise. Maybe she'd like you to sell some of your other snakes first before you got a coral glow. You know, just ask her what she thinks you ought to do and listen to her advice. Personally, I wish I'd saved the money I spent on crap like video games or play-by-mail wrestling games or hell, drugs... I wish I had that money now so that I could spend it on a coral glow.

    Anyway, best of luck whichever direction it all goes for you.
  • 09-26-2012, 02:52 PM
    Chkadii
    Quote:

    Originally Posted by RoseyReps View Post
    Coral glows are Co dom. And a wonderful investment for those in the right spot financially.

    Whoops, disregard the het thing then. The rest of my advice still stands (about having some savings in place beforehand). And I also agree with RoseyReps about being able to financially maintain the project.
  • 09-26-2012, 03:13 PM
    iCandiBallPythons
    Re: We got issues.... Lol
    Quote:

    Originally Posted by WingedWolfPsion View Post
    *sighs*

    Ok, I'm a mom, and here's my opinion....which seems to be different from everyone else's.

    You've already proven your concept with the champagne. You can care for the animals well, and you can make them reproduce. You probably have a nice little collection of morphs going. If you were my kid, with that track record, I would let you do it. It's clear you can make money.

    Now, she may be hesitant if the money for that snake represents a large chunk of what you have, or all that you have. Ever hear the phrase 'don't put all of your eggs in one basket'? Perhaps you would be better off investing in a project that's half the price of that one, for now--in case something happens to the animal, you need some sort of back up.

    If that's not the case--if you can fully afford it, and can still recover if something happens to the animal, then I don't see why she shouldn't allow it.

    Create a spreadsheet, and show all of your expenditures and your income since you began breeding snakes. Show how much you put into it, and how much you got out. If the numbers don't impress her, then probably nothing will.

    College? Guys, if he's buying a coral glow, he'll have college covered without any student loans in a few years, provided he does it right. He can buy his car the first year he gets a good clutch from it.

    You know what I wish I had done at that age? Not save--INVEST. If I had known then what I know now, I'd be rich. (And I wouldn't have lost half my net worth in the economic crash, but that's a different story). High end ball morphs are an investment, if you're breeding them. They're a business. Cranking out a few clutches of champagnes doesn't make chump change, it makes real money. This isn't 'blowing money on a snake', it's an investment.

    That's my opinion.

    I have to agree 100% with this post, you seem like you have your head on your shoulders and have a good direction in which you want to follow. Keep in mind that many people on this forum do not breed these animals nor are business owners/investors. If I had listened to all of the ones in my life that told me no, I would not be one quarter of where I'm at in my life today.
  • 09-26-2012, 03:18 PM
    Ridinandreptiles
    To all wondering how I got my money, as I said I sold my race quad, and I've made a couple grand on snakes a year. I also work at a local juice smoothie store. Also my grandmother passed away and put money away on my name, I took 5% of it for money to spend on fun stuff. (1k) I recently purchased a car and my scholarship covers my first 4 years of school. ( I plan on going to med school after that) since I'm cover against the death if my animals the only thing that could happen is it not producing/ price going to nothing. I believe there is a .01 percent chance of that happening. Hell, it's mostly likely gonna make me money. But that's nt why I want it, I would breed it to a pied to get hets and then a CG pied.... Ohh baby that would be a hot snake
  • 09-26-2012, 03:22 PM
    sissysnakes
    So how old are you? Somewhere between 14 and 18? Im assuming maybe a junior or senior?
    Sent from my DROID4 using Tapatalk 2
  • 09-26-2012, 03:25 PM
    Ridinandreptiles
    17 senior
  • 09-26-2012, 03:40 PM
    Annarose15
    Re: We got issues.... Lol
    I just want to start by thanking you for your patience with the questions around your source of money, age, etc. A less mature person would have taken pretty strong offense to the implications that you're too young to have your own money, to have earned much of it yourself, or to be able to spend it wisely. I second the suggestions of presenting a formal business plan (spreadsheet, whatever) to your mom to explain your expectations, as well as giving her a chance to formally explain her concerns. Let her know in advance that you are going to have this discussion, so she can come prepared as well. Of course, she has final say until you are 18 (or older, depending on your inheritance conditions). However, very few mothers will say no if they are shown, responsibly, the vaule of an investment with all possible "kinks" having a contingency plan. And I want to see that CG Pied when you produce it!
  • 09-26-2012, 03:47 PM
    Ridinandreptiles
    Re: We got issues.... Lol
    Quote:

    Originally Posted by Annarose15 View Post
    I just want to start by thanking you for your patience with the questions around your source of money, age, etc. A less mature person would have taken pretty strong offense to the implications that you're too young to have your own money, to have earned much of it yourself, or to be able to spend it wisely. I second the suggestions of presenting a formal business plan (spreadsheet, whatever) to your mom to explain your expectations, as well as giving her a chance to formally explain her concerns. Let her know in advance that you are going to have this discussion, so she can come prepared as well. Of course, she has final say until you are 18 (or older, depending on your inheritance conditions). However, very few mothers will say no if they are shown, responsibly, the vaule of an investment with all possible "kinks" having a contingency plan. And I want to see that CG Pied when you produce it!

    I had a hard time not getting offended;)
  • 09-26-2012, 03:51 PM
    Annarose15
    Re: We got issues.... Lol
    Quote:

    Originally Posted by Ridinandreptiles View Post
    I had a hard time not getting offended;)

    But you replied to the facts, not the implications. :) Bravo. And to those who posted some of those questions, I had the same ones. I just wonder if I would have responded to them as calmly when I was 17.
  • 09-26-2012, 04:50 PM
    Mike41793
    Who pays for cell phone/gas/car insurance/ car repairs etc.?

    Im not trying to be an ass or mock you but unless you know your parents will pay for that stuff then dont spend all your money on a snake. In college your still going to want to have spending money too. Why dont you sell some of the champ combo babies you hatched to pay for most of the CG instead. You said that only 15 out of 50 of the baby rack spots are open so im assuming you have alot of champ combos in there.

    Also congrats on getting a full ride, you must be pretty smart! :gj:
  • 09-26-2012, 05:53 PM
    BWyant
    Re: We got issues.... Lol
    Quote:

    Originally Posted by Annarose15 View Post
    I just want to start by thanking you for your patience with the questions around your source of money, age, etc. A less mature person would have taken pretty strong offense to the implications that you're too young to have your own money, to have earned much of it yourself, or to be able to spend it wisely. I second the suggestions of presenting a formal business plan (spreadsheet, whatever) to your mom to explain your expectations, as well as giving her a chance to formally explain her concerns. Let her know in advance that you are going to have this discussion, so she can come prepared as well. Of course, she has final say until you are 18 (or older, depending on your inheritance conditions). However, very few mothers will say no if they are shown, responsibly, the vaule of an investment with all possible "kinks" having a contingency plan. And I want to see that CG Pied when you produce it!

    Well spoken.
  • 09-26-2012, 05:54 PM
    Ridinandreptiles
    I have a crappy flip phone so I can take care of cell bill , my moms firm has a gas card that I can get tax write offs with so I buy my own gas but its cheaper, remember, I have a job, ad my mom is ok withe me staying home my 4 years so that cover rent, I am mechanically savvy so I do my own car repairs
  • 09-26-2012, 06:07 PM
    Mike41793
    Idk i would say go for it then. Id sell off some of the champ combo babies like i said and help pay for the CG though. Invest in as many big normal girls as you can house/feed too. And then make lots of sexy CGs! And most importantly post pics of the babies you produce! :D
  • 09-26-2012, 06:08 PM
    RoseyReps
    Alright, I'll get on board. You seem to have a better head on your shoulders than most 17 year olds, definitely better than I had at the time.
    So tell your mom you would like to have a reasonable / serious discussion with her on the future of your current investment, and where you would like to go with it. Talk to her about
    not only the coral glow, but other investment morphs as well. Explain to her everything you have explained to US. Give her a 5 year business plan, from right now, to 5 years from now including the different morphs and
    projected profit and loss for the upcoming years. Make sure to set aside an emergency amount, you know the expenses, etc. Make your case to her as if you were making it to a bank to get a small business loan. Except,
    and you might want to point this out in the closing, that you are not asking her to put any money in it. You are just asking her to trust you on your first big investment. Let her ask questions about all the different angles, the what-if's
    and anything else she can throw your way.

    If she doesn't feel comfortable with it, you only have a year until you're a legal adult. Tell her you would rather have her faith and support with your investments though.

    I wish you the best of luck, and I hope you are happy with whichever decision you make. :)
  • 09-26-2012, 06:13 PM
    Ridinandreptiles
    Never done anything with business, so I'm gonna have to find a way to make this plan...
  • 09-26-2012, 06:23 PM
    RoseyReps
    It's basically a projected assessment and representation of your business. There is this link http://www.ehow.com/how_5081725_writ...ness-plan.html but it doesn't fit the bp breeder mold very well.
    You can easily leave out and adjust things to make them fit though. It's just a nice backbone to base a discussion on. Give her solid information, over-estimate costs, and be honest. Show her where you have come since you started,
    and where you could be with the right investments. You might be surprised when answering some of the questions, and seeing your financials on paper (or excel :D )
    Treat this subject as an investment / business opportunity..not as an "But it's so purty I WANT!" (even though it is...soooo purrrrtyyy) Being adult about the situation will go a long way me thinks.

    Also, perhaps ask her how much she feels comfortable with you investing into a new project. Try to take her suggestion into serious consideration etc. Make sure it's a 2 sided discussion so you know she's not just shutting you down in her mind / not really listening to what you are putting on the table.
  • 09-26-2012, 06:28 PM
    BWyant
    Re: We got issues.... Lol
    You know, you might consider talking to a business investment firm or a lawyer or something. Just someone that could give you sound financial advice. And maybe talk to a reputable big-name dealer. Explain your situation and ask them to tell you whether or not they think it's a good idea to invest in a coral glow. If you did that, I think it would make a strong case to your mother. Or, it might save you a lot of money because the experts could say no and it might make you reconsider. It's always good to ask the opinion of sound financial minds and people that have become successful in the same market that you are attempting to do so.
  • 09-26-2012, 06:34 PM
    Ridinandreptiles
    Re: We got issues.... Lol
    Quote:

    Originally Posted by BWyant View Post
    You know, you might consider talking to a business investment firm or a lawyer or something. Just someone that could give you sound financial advice. And maybe talk to a reputable big-name dealer. Explain your situation and ask them to tell you whether or not they think it's a good idea to invest in a coral glow. If you did that, I think it would make a strong case to your mother. Or, it might save you a lot of money because the experts could say no and it might make you reconsider. It's always good to ask the opinion of sound financial minds and people that have become successful in the same market that you are attempting to do so.

    lol my mom is a lawyer! and i have talked to breeders wit CGs AND SHE WAS THERE at shows and not one person has said its a bad idea. Im going to create a buisiness strategy and hope for the best. ill let y'all know how it goes
  • 09-26-2012, 08:23 PM
    Ridinandreptiles
    okay, im done preparing my document and will present it to her tomorrow! wish me luck!
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