APG-L Archives

Archiver > APG > 2006-09 > 1159283889


From: "Dee Dee King, CG" <>
Subject: Re: [APG] Earning a Living, etc
Date: Tue, 26 Sep 2006 08:18:09 -0700 (PDT)


Kenneth, I suspect entrepreneurial genealogists are no
different than entrepreneurial Anybody Else.

Those without substantial investment money in hand, or
who do not wish to borrow, or who do not have a Sugar
Daddy, scrap it out on sweat equity while depending on
another source of income and reinvesting in the
business until it becomes profitable. Sounds pretty
much like the American Dream for the poor or working
class of owning your own business.

Starting my genealogy practice while depending on Hubby
was no different than my son-in-law starting his law
partnership while living on my daughter's income as an
attorney.

In the US, it is often estimated that 1/2 of all
businesses fail within the first couple of years. Under
capitalization is a predominant reason. However,
another factor is that many folks who are very good at
their profession or trade are not good at managing a
business. I suspect the number of folks who possess
both qualities is fairly rare.

But I also suspect all the percentages among
genealogists v. the other professions is about the same.

d

Dee Dee King, CG
www.genealogyfinder.com
133 N Friendswood Dr Suite 325
Friendswood TX 77546

Member Association of Professional Genealogists.
CG and Certified Genealogist are Service Marks of the
Board for Certification of Genealogists used under
license after periodic evaluations by the Board.

This thread: