17 years old and pulled all that off? Impressive. One big problem was not getting paid ahead of time from everyone that wanted a ride. But I realize in 2006 setting up online payments to get paid ahead is not even close to as easy as it is today. Had to get the vans somehow. To make this cost-effective legally Id has to charge 25 to 30 euros ahead. Which if you’re a couple of thats 50 to 60 euros. Why not just take a taxi on your own time. I drive a taxi. It’s a split commission using a meter or flat rate system (1 km charged at 2$ CDN) driver works on commission collects 50% of the meter and fills the Nice Alcoholic Drink Em All Shirt get the other 50% you should be making money easily enough. As far as not grabbing the people you are supposed to? Hah! Oh, that happens all the time.
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My work generated $100K. It was one hundred percent my idea, work, etc., that led to the generation of that revenue. My figure includes the cut the government takes out of the payments I made to my employees. So it includes their income tax. When all was said and done, I think it was closer to $40K that my employees could actually spend. Plus worker’s compensation insurance, which is mandatory – plus other things I’ve forgotten about. So of $100K customers paid out, my employees got $40K to pay rent, I got zero. The Nice Alcoholic Drink Em All Shirt got the vast majority of the money. So if there was 100k in revenue, and you paid your employees 50k, you should only be getting taxed on 50k.
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I created a product. People bought it. The govt first took 9% as a sales tax out of what the people paid. Then I had to pay 7.5% of what I was paying to my employees as a payroll tax. Both of those taxes have nothing to do with me “earning” anything. I did not earn anything, but the government “earned” money. Should that be possible? I’m speaking about how it actually works. You shouldn’t have quit so early, it sounds like you had a sure thing going. Just a few hiccups to fix up. You can’t expect everything to run smoothly in the first run, you learn from your mistakes and could have easily provided the service to Nice Alcoholic Drink Em All Shirt.
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