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Joined 1 year ago
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Cake day: June 2nd, 2023

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  • The best description I have seen for single store franchisees is, you’ve paid a lot to give yourself a job. They are not lucrative, and in fact, are capital intensive, and often predatory.

    There is a very high up front cost, and you generally do not own the real estate. This means you are locked into 30 year leases, often with complicated terms that are solely beneficial to the land owner.

    Next, with regards to liquidity, if you don’t own the real estate, you often can’t get multiple business loans with a single franchise, so you must secure the loan with your personal assets, which means you will go personally bankrupt if you hit a rough patch.

    Then, after dealing with the complicated business to business transactions and legal work, you still have to deal with the corporate bullshit, taxes, and supervisory duties, particularly if you do not already have a strong business partner to do this for you.

    Pretty much, unless you are independently wealthy, own the real estate in a high traffic location, or already have multiple other franchises, it’s a losing venture that will kill your soul and eat every dollar you have.






  • You are trying to solve two different, but related problems, and there are discrete solutions for both.

    One is a personal cloud. You need a secure place to store your shit from multiple users and devices, from multiple networks. You’ll need a mostly static IP and dyndns or your own domain, and certificates signed by a public CA/letsencrypt.

    Then, you are looking for a backup application that supports rsync or sftp/scp over ssh or vpn, that is also cross compatible (Android and PC/Linux). Point this to the service above, and you are good to go.


  • This.

    At some point, you need to be able to quantify the risk to your business before you can do this.

    For instance, if your business earns $10 per transaction, and you perform 100 transactions per second, the difference between five and six nines (313 seconds vs 31 seconds) is $282,000; nowhere near enough to justify the added investment.

    Edit: Important to note that for the first example, these are already enormously huge numbers. Such a business, assuming no holidays or weekends, would be grossing $31.5 billion per year, in the same ballpark as Oracle and Coca Cola.

    So when we say the company is losing 282,000, this is a tiny, tiny fraction of revenue. Even 99.5%, which is almost two days of downtime, would “only” be a loss of 0.5% of all revenue for the year. Sure, this is $157M, but even that would probably not cover the cost of a six nines infrastructure (that said, they could save up to $120M per year by achieving 99.9%, which would be worth exploring).