Jack Bauer
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  • Katy, TX
  • United States
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Jack Bauer's Discussions

Investing in a Family Business?

Started this discussion. Last reply by Nick the Clever 15 hours ago. 8 Replies

My sister-in-law (wife's brother's wife) runs a very small bakery operation out of my mother-in-law's kitchen.  As far as I know, it is a sole proprietorship.  She sells specialty baked goods for…Continue

"Don't follow your passion" -- Mike Rowe

Started this discussion. Last reply by Matthew J Dorry Nov 5, 2014. 382 Replies

I've been recently impressed with Mike Rowe's non-partisan push for a return to economic practicality, working with your hands, skilled trade labor, etc.  My attention was initially drawn by his…Continue

Should boys be held back a year in school?

Started this discussion. Last reply by Shane Oct 7, 2014. 74 Replies

In light of our recent Return of Kings article, I thought it might be interesting to see what's coming from the other extreme.  Courtesy of "The Good Men Project" -- a site run by women, wherein…Continue

What'cha watchin'? Your manly entertainment recommendations, reviews and discussions ...

Started this discussion. Last reply by Daniel Offenbacher on Wednesday. 307 Replies

Game of Thrones came up in another thread.  In lieu of hijacking it further, I figured it might be worth having a thread for entertainment recommendations ... books, movies, TV shows, video games,…Continue

 

Jack Bauer's Page

Latest Activity

Nick the Clever replied to Jack Bauer's discussion Investing in a Family Business?
"First of all, and most importantly.. Make sure that she understands that this is NOT a handout, and that you are investing. Never "lend" money to a family member or friend and expect to get it back. If you decide to go for a larger…"
15 hours ago
Rob replied to Jack Bauer's discussion Investing in a Family Business?
"Avoid. The reason is not because it's an in-law. The reasons are: It sounds like you want to be a passive investor. This would not be a good vehicle for that lack of involvement, because then there would not seem to be any mechanisms to…"
17 hours ago
Jack Bauer replied to Pale Horse's discussion Called It in the group The Great Debate
"You add in luggage weight, and you'd render most every woman obese.  The feminists will not like that one bit. Heh. JB"
22 hours ago
Nick H replied to Jack Bauer's discussion Investing in a Family Business?
"10K is very little. She could probably get that from the bank without having to give them more than a few percentage on interest (and no stake in her business). Also, I agree with others about not mixing business and family. This is a bad situation…"
22 hours ago
Vendetta5885 replied to Jack Bauer's discussion Investing in a Family Business?
"Hey JB, Sounds like a tough one. If you did give the money or supplies, I think it would be reasonable to ask for a percentage of the business or to have her pay back the money as loan in monthly installments over x-amount of time.  I am a firm…"
22 hours ago
Jay D replied to Jack Bauer's discussion Investing in a Family Business?
"I want to agree with that. The friendship ends were the money starts. What kind of person is she? Could she seperate business and personal stuff? I would go for something like a 10-20% ownership, with a profit share that equals your percentage of…"
23 hours ago
Wasatch replied to Jack Bauer's discussion Investing in a Family Business?
"i was about to add, "unless you are willing to essentially look at it as a gift," which you do not want. pass and invest elsewhere. "
23 hours ago
Wasatch replied to Jack Bauer's discussion Investing in a Family Business?
"avoid. never mix family and business. "
23 hours ago
Jack Bauer replied to Rob Gronkowski's discussion Has anyone struggled with depression beforeIt
"I try to stay out of 'depression' threads for the most part.  I've never had it, and don't pretend to know much about it. However, if your depression is situational rather than biochemical or something  -- meaning your…"
yesterday
Pale Horse replied to Jack Bauer's discussion Investing in a Family Business?
"A percentage of the company would probably be a good thing to ask, as a gesture of good faith. It may give her a bugger drive to have a successful business as well."
yesterday
Jack Bauer posted a discussion

Investing in a Family Business?

My sister-in-law (wife's brother's wife) runs a very small bakery operation out of my mother-in-law's kitchen.  As far as I know, it is a sole proprietorship.  She sells specialty baked goods for everything from kids parties to holidays and weddings.  I don't even like sweets all that much ... but her products are phenomenally good. She's recently purchased a booth at an enormous semi-annual bridal show in town.  I have no doubt that she'll see massive growth after the first show ... possibly…See More
yesterday
Jack Bauer replied to Jay D's discussion Money
"With emergencies, it's the stuff you don't see coming that's a bigger problem.  For my family, anything under $5k just isn't enough. I wouldn't leave it in my regular checking account, though.  Something…"
yesterday
Jack Bauer replied to Jay D's discussion Money
"I'd also second the 'budget' suggestion.  Took my wife and me way too long to figure this out.  You'll be shocked how much money you're bleeding on useless crap when you weren't paying attention. And, for my…"
yesterday
Jack Bauer replied to Jay D's discussion Money
"Depending on how fast you can do so, I'd save up a smallish emergency fund of $3K-$5K or so to cover Murphy's Law problems during debt repayment.  That security blanket is important.  The interest rate on the savings account…"
yesterday
Jack Bauer replied to Pale Horse's discussion Called It in the group The Great Debate
"All platitudes, no answers.  You'll understand if I lack confidence in the forthcoming 'discoveries' of a kid who can't even distinguish between "your" and "you're".  You haven't even…"
Thursday
Jack Bauer replied to Pale Horse's discussion Called It in the group The Great Debate
"I get the feeling there are some that want to simply outlaw being mean.  Or, at least mean to the wrong categories of people. JB"
Thursday

Comment Wall (8 comments)

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At 12:51pm on April 20, 2014, Leto Atreides II said…

What happened, Jack? You piss in Walter's cornflakes?

At 12:20pm on April 20, 2014, Walter B. Pewen said…

Jack, you really are an immature man.

At 2:56pm on March 14, 2014, Walter B. Pewen said…

Seems to work, Jack, sort of.  Still pops up with yahoo as my mail address, I just switch it to Hotmail.  Thanks.

 

At 1:38pm on March 14, 2014, Walter B. Pewen said…

Jack, be honest.  You're an attorney-you're supposed to tell the truth.  You make veiled fag jokes practically daily to me-"the henhouse" yesterday.  C'mon.

Tried to solve the problem with post.  X's simply won't appear on my posts.  Will try again.

At 5:59pm on March 10, 2014, Walter B. Pewen said…

Read Jack.  I don't live in San Francisco.  Also, I don't see many men who spew forth stuff like (you do) here in San Luis Obispo.

If you go back to the sex group (way ironic man!) you'll find that I'm importuning you to stay in the South, for God sakes.

That's probably really where your audience is.

At 8:28am on January 25, 2014, Vytautas said…

Hi, JB. Welcome to the Philhellene group! I see you've already kicked off some discussion and I look forward to more in the future.

At 2:02pm on June 5, 2013, Liam said…

Jack I have to say I am constantly impressed by your posts here. They are very well written and to date have been in line with my own views. The joy in reading them is how structured your points are. It helps me formulate a better understanding of my own opinions. Thank you! 

At 8:03pm on February 13, 2011, Herb Munson said…
Alright! Welcome to The Great Debate! Great to have you with us.
 
 
 

Latest Activity

M. Kelly updated their profile
20 minutes ago
Daniel replied to Steve Dallas's discussion Am I a sexist? in the group The Great Debate
"A fair shake."
40 minutes ago
Rob replied to Cory Ross's discussion Promoting Facial Hair Growth
"It depends on genetics. Globally over the world you will see big differences in how much whiskers men can grow. Some naturally can not grow any; men on the Comoros Islands do not shave because there's nothing to shave. They're naturally…"
1 hour ago
Rob replied to Rob Gronkowski's discussion Has anyone struggled with depression beforeIt
"Right; grief can turn into depression. Which is why it's always prudent to watch out for depression when grieving or under stress. When depression is triggered by external events, that's what creates the rationalizations for…"
1 hour ago
Rob replied to Jay D's discussion Money
"Investing in yourself is always a good idea. Do take heed of the debt situation. "Read money is the king's command" (old saying)"
1 hour ago
Shane replied to Naveen's discussion Information needed for proper Sandbaglifting technique
"Cool. Luck to you."
2 hours ago
Naveen replied to Naveen's discussion Information needed for proper Sandbaglifting technique
"Okay I can think I can go with that. Thx for your explanation.  The sandbags are just a temporary cheap Alternative for going  to the gym. Besides it`s much more fun than free weights because every repitition feels like wrestling and you…"
2 hours ago
Shane replied to Steve Dallas's discussion Am I a sexist? in the group The Great Debate
"That would make you a fetishist, not a racist."
2 hours ago

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