50kWh being used isn't household. House hold is closer to 5 kWh being used at once. And 50 kWh was a starting point. I don't want my initial investment to have more than that draw on the town's power supply. I can obviously get more power if need be.
keep as a keep sake. Honestly, you shouldn't have any data that is valuable to you.
I ngermany every appartement is wired for 65kw.
5kw is household? Maybe people in the US are too poor to run a modern household.
Here is something for you: 5kw does NOT COVER AN ELECTRICAL OVEN. And I dont mean a hugh one.
The circuit for an oven alone is 40 amperes at 230 volt to be safe - some are quite big. 6500 Watt around is normal (more than your 5kw). Add to that a large fridge, freezer, a running wasching machine and a running drier and you are over it. If you then add an electric water heater for a post installed shower.... though that is not the norm.
Many households regularly break the 12kw barrier - not for long times, but it is possible. 5kw is a third world level - even in former soviet countries 12kw is standard and people here know it sucks (I live in one).
Have you ever had your oven, fridge, freezer, washing machine and drier all running at once for 24 hours a day? 7 days a week?
By fridge and freeze, they're open the entire time (actually drawing power then?).
I doubt it.
Average usage (kWh/daily) is less than 50 for MOST houses, in a DAY.
That's an average of less than 2 kWh.
Before you call bullshit, you should actually read what I say. Let me restate it for you: On average, an American household does NOT use more than 5 kWh per hour for 24 hours a day, 7 days a week.
Spoken like an 18 year old. The reason you think age means nothing is because you don't have the perspective that comes with it. You are a kid, just like the kids your age (as you refer to them). The difference might be that you don't see that. A man's biggest weakness is the inability to see his own weakness. You'll learn that with age.
I know my age is a weakness at least for me. I've overcame it many many times in the past, and plan to in the future. A lot of people don't put trust into an 18 year old.
Care to share your Schedule C or Form 1120? If people are going to put assets in your hands we'd like to see that you are a responsible business person and able to perform. Also, I'd hate to have any type of tax liens ending up on my assets because they weren't properly accounted for and you forgot to pay a quarterly. You have a tax accountant right? Which law firm reviews your contracts, while we're at it?
I do have a lawyer who helps me file taxes. I've done this because of the complicated legal matter with owning a business.
So, you are just now old enough to secure your own credit and you haven't yet gotten into debt. This is a little like a 15 year old saying they've never got a speeding ticket. Do you plan to self-finance this whole operation? Or will you be seeking investors or debt-financing? Do you have operating capital to ensure my asset doesn't end up locked in your landlord's property? Will you be operating as an LLC, C-Corp, S-Corp, Sole Prop? What do you have of value that I can sue you for in the event that you lose or damage my asset or impact my revenue? What are the details of your E&O coverage? General liability? What insurance company has agreed to insure you or your business? At 18 you can't assume that you will just call up and get coverage... at least not at a rate you can afford.
A lot of it will be my own finances. If it fails, and goes under, I lose a bit of my savings and move on in life with a bit more experience. If it succeeds, I have a job that I'd actually enjoy. My goal in life is to work for myself, never have to work for another. Obviously, that's not true in retrospect, because I'd be working for the customer -- like all businesses.
The company will be filed as a LLC. Legally, I see this being the best option for me.
What kind of SLA do you have with Time Warner? What kind of SLA will you offer your customers? 3 9's? Are you confident that Time Warner will provide you less than 8.76 hours of downtime per YEAR on a "business" line? Do you have savings to cover an SLA payout for, let's say, 12 hours?
This is identical to my SLA, however it isn't mine. As this other user's contains personal data, my contains person data as well.
Page 7 is the starting of the general SLA time warner uses.
Look, I'm being a hard-ass on you for a reason. You seem like a bright kid, and you probably have a bright future. But you will have to do some legwork before people are going to entrust you with thousands of dollars worth of hardware, let alone enter a contract with you. You are judgement proof, kid. Nobody wants to be in a contract without deep pockets somewhere to be tapped to cover loss or damage. All good business decisions come down to calculated risks. Calculating the risk of doing business with you results in #DIV/0!
It's fine that you are being a hard-ass. I much rather figure out the details now when someone is grilling me with them rather than miss something later down the line and pay dearly for it.
This thread was to test the waters -- to see if there'd be enough people interested for me to even consider diving into the this world.
Word of advice: You are 18, enjoy being 18. Growing up in small town, nothing-ever-happens-here Ohio myself I can tell you that your perspective and comprehension is limited. That's not bad, it's just being 18 in small town Ohio. But you are 18 in small town Ohio... enjoy the last bits of being a kid. You can be a grown-up business magnate for the rest of your life and have your perfect .5 acre in suburbia but you don't get to be 18, debt-free and untied for very long. Take that savings you have and get on a plane or boat and visit a few foreign countries. Or drive cross country and see lots of sights before you get pigeon holed into 2 weeks of vacation per year. Don't spend these years worrying about keeping other people's computer's running. They'll be here when you get back and for the rest of your life.
Thanks for the advice. You are a bit mistaken though. I'm not doing this because there is nothing else to do. I'm doing it because it makes sense to me. I love working with computers, networks especially. I do have problems with authority (I have no criminal record however); one of the reasons I don't see me getting an average Joe job. So far, I've been living on freelance work, and have been living pretty well.
I've also always liked the idea of having my own business. If the company proves to be profitable, I can always hire someone under me. (Obviously, with proper forms -- such registering with the Bureau of Workers' Compensation).
...with more advanced fields and options for those tech compent users... (see it?)
... if you could of leased these places, would you of actually been... (ok, pet peeve so I'll just tell you - it's "could have" and "would have")
And the second, it's a habit I've been trying to break for a while now.
Thanks again for pointing out what I missed in explaining as well as the pointers you have given me.