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Need advice on my options (please)

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dec360

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Hello Thanks for reading and in advance for any advice. :wave:

Current situation:

Current job hours have been cut by 80%, in a way its a blessing so I get more time to work on the FL process. I make enough to get by for all necessities like food rent etc. I have no wife, kids or any other responsibilities other than my job. I have 10-12hrs a day I can invest in some business Idea but no MONEY.

I have a business Idea that is related to what I do now. A big part of this Idea will require an Ipad app and a back end system that will cost about $2-$3k to develop. I dont like to borrow money and I dont know anyone right now that could lend it to me.

I think my options could be:

Option 1:

Using Wordpress Create a couple of websites (I have a few ideas ) that provide value and make the money necessary through them. I think it would take 2 weeks to learn Wordpress and the tools and techniques necessary to make money from them.

Problem with option 1: I have no prior experience in web development or in ebusiness. It will take 6 months to start making the money and to save it.

Option 2:
Partner with the owner of the company I work for.

The company I work for is a small company with about 20 employees. The owner is a nice guy but he is still a business person that is always looking to make money.

My Idea would in a way compete with my current employer but not directly. It would not take current business from my current employer but I would be taking future customers in different areas that he in the future would like to expand to. So I am sure my boss would be very interested in this.

Problem with option 2:

My Boss will want half of all profits from it. I think it would be fair because I would also use some of the resources he already has like, some employees, office, contacts, payroll.

Option 3:
Get another job and save up the money.

Problem with Option 3: It might take me as long as option 1 but at least with option 1 I will gain experience and might keep getting passive income after I put the time in.

What do you guys think? Is there a better way? Is there a way to make better use of the time I have to execute this idea?

As I finish writing this I am leaning more towards option 2. I guess it does help to write things down and look at all the options. But I would still like to know what you guys think.

Again thanks for reading.
 
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Ul, tu zua piif ecuav 2-3 vjuatepf fummest. Fu zua jewi e genomz nincis vjev dep mipf zua vji nupiz? Jux ecuav e dsifov desf? Fu zua jewi epzvjoph ug wemai vjev zua dep timm up Icez us veli vu e qexp tjuq? Nezci zua dep qutv zuas siraosnipvt up imepdi epf tii xjev qiuqmi dep uggis epf ev xjev dutv. Ov nez dutv mitt vjip zua vjopl vu hiv ov tvesvif epf ov't gsii vu qutv up imepdi. O jewi tuni ottait xovj zuas uvjis uqvoupt.
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