(03-28-2019 12:26 PM)OptimisticOwl Wrote:  I presume Tanq is a partner

Sole proprietor (some non-legal ventures through an LLC, some LLCs with others outside the 'family').

I am sure that some might tie this in to a 'doesnt play well with others' thingy....

The issue is that lad *doesnt* note an acceptable rate. He only opines that 'good god everything I have seen wont starve the goose.'

I find it odd that others seem to make it their calling to determine *how* much of *how* much I earn *they* deign proper for me to retain.

And, when those others who deign that "good lord *why not* more, it *obviously wont starve the goose" have never traveled in the shoes of an investor/entrepreneur/partner/venture builder, I find it extremely irritating.

Especially when those who deign that position opine in their surfical-expert opinion of what it *should be* for those of us in that path. And I tend, for those that take that sort of position and deign that outcome *and* have never done that path, to call that out.

So here is a question to lad, how much of the next 90k I pull in is 'decent enough' for him to say it should be sent elsewhere? Of the next 150k? Of the next 300k?

OO, you hit it spot on. I tend to actually reinvest those proceeds. I think that out of my net last year, I have dropped (this year) about 75 per cent into another venture.

A rough calculation of the outflows to date on that venture is abut 1/2 man year direct employment, and by the end of the year will be about 8 man years of employment in building the venture, with another 1.5 man years employment in continued operation.

So lad, where is this magic 'line that wont starve the goose' thingy that you speak so highly of, that I should feel proud to fork over more of the return? What is the magic line on a return where I should expect 40 per cent taxes? How about 60 per cent? Please, since you are so eloquent about these things in the real world, where should I feel 'comfortable enough' to be glad to pay 70+ per cent marginal rates in your book? Truly, when you speak in even the broad terms of 'starving the goose', you are inherently opining about these things. So in your deep experience and expert opinion, where are these magical lines?