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Mondak · 07-11-2007, 10:51 AM

Any updates? Things are going great for us. We just bought our house on the beach north of San Diego so we will have to budget pretty hard for a while. No crazy loans though - a fixed rate that we can afford. We don't have any debt though other than the house (no cars or credit cards or anything) so that is good.

I have been spending about 4 days a week working on my existing business and now I have been spending a day a week or so on a new company. What I have today is great. Customers are happy, money is steady and things are good. The thing is that the company is ME. I mean it is not something that I could sell. I own an income stream at best.

So the new company is a "real" company. I have a couple small investors and one really good partner this time. It is something that I would hope to sell off in 3-5 years but frankly, this thing should throw off loads of cash. So if I can't get the right multiplier, I would just keep it. It should be running Q1 2008.

As an aside, please only post if you work for yourself as the title of the thread indicates.

07-11-2007, 10:51 AM	#19 (permalink)
Mondak Industrialist Location: Southern California	Any updates? Things are going great for us. We just bought our house on the beach north of San Diego so we will have to budget pretty hard for a while. No crazy loans though - a fixed rate that we can afford. We don't have any debt though other than the house (no cars or credit cards or anything) so that is good. I have been spending about 4 days a week working on my existing business and now I have been spending a day a week or so on a new company. What I have today is great. Customers are happy, money is steady and things are good. The thing is that the company is ME. I mean it is not something that I could sell. I own an income stream at best. So the new company is a "real" company. I have a couple small investors and one really good partner this time. It is something that I would hope to sell off in 3-5 years but frankly, this thing should throw off loads of cash. So if I can't get the right multiplier, I would just keep it. It should be running Q1 2008. As an aside, please only post if you work for yourself as the title of the thread indicates. __________________ All truth passes through three stages: First it is ridiculed Second, it is violently opposed and Third, it is accepted as self-evident. ARTHUR SCHOPENHAUER (1788-1860)