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TheFed is back in the hizzzzouse!
06-21-2012, 11:26 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
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TheFed is back in the hizzzzouse!
Well I've been gone a while...for anyone who cares here's a quick update:
I'm here ...been lurking but too busy. Still going through a sloppy divorce...emptied out 90% of my retirement accounts to fund it so retirement is the last thing on my mind! It's amazing how plans can change.....
The inflatable biz is growing at an alarming pace. We should hit 550-600k in sales this year. I have a goal of $1mil sales in 2014 with a 35% profit margin after taking a modest salary. (right now I only take 15k...uggg)
I'm starting another business too...getting ready to launch our website live in 30 days. It's a free family event guide printed magazine distributed at kid/family friendly businesses in NE Ohio. It is mirrored buy an amazing interactive website, and a mobile app. We will get a few issues out this year, but I anticipate this being something I can franchise (or sell as a biz opp) by the end of next year. We shall see....
I'm moving into one of my rentals...I had to kick a lady out and I'm waiting for her to vacate. I'm broke due to the divorce...paying alimony plus her mortgage plus rent at an apartment puts me out 3500/mo. So I'm moving into a rental, renting out MY home whenever my wife vacates to generate a small $100/mo cashflow, and focusing on my 2 businesses above. Never thought I'd be doing all this at this age...but I think it's going to be a drop in the bucket when I sell my $1mil gross rev business is 2014 for 1.5 mil!!!
I sit around all night working on my pc, dont drink any more....dont smoke pot. Just wait for my bi-weekly visits with my boys and hope I get them on time. I got 24/hr Hustler TV for $9/mo, so that's cool
The baby just took his first steps yesterday....with me. The older 2 confirmed he hadnt done it yet. Very cool
Did I mention I have a restraining order against my wife? Yea...she really IS nuts. Stalking, harrassing...I just hope all her erratic behavior somehow influences the custody battle...but it hasnt so far.
And that's it in a nutshell guys....TheFed is here...down to one knee but I'm ready to stand tall again. Watch out....I'm heading back up to the top 
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06-22-2012, 05:42 AM
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#2
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2006
Location: Washington, DC
Posts: 11,328
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Welcome back Fed. Sounds like the business success may get you back on track to FI in no time. And remember, no matter how bad stuff gets don't diss the ex to the kids - that won't do them any good. If she is nuts be sympathetic, as hard as that may be.
__________________
Idleness is fatal only to the mediocre -- Albert Camus
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06-22-2012, 05:47 AM
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#3
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Recycles dryer sheets
Join Date: Jun 2011
Location: Broomfield
Posts: 90
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donheff speaks words of wisdom.
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06-22-2012, 06:06 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Oct 2008
Location: Naples
Posts: 2,179
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Glad to have you back Fed. Sorry for your troubles. Hang in there.
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06-22-2012, 10:11 AM
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#5
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Posts: 17,241
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 Quote:
Originally Posted by donheff
Welcome back Fed. Sounds like the business success may get you back on track to FI in no time. And remember, no matter how bad stuff gets don't diss the ex to the kids - that won't do them any good. If she is nuts be sympathetic, as hard as that may be.
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+1 on this.... I have a BIL who was divorced before marrying my sister... his ex was nuts... he never dissed her.... when the kids were older they were able to figure it out....
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07-11-2012, 01:18 AM
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#6
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Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
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thanks...i appreciate the kind words. it's not tough for me to be positive about their mom to them...it's natural.
i think/know she is crazy, but like you said...they can figure that out on their own if that's the path they choose...i am choosing to take the high road. not a negative word yet!
been so busy it's hard to get on here...but i'm workin at at!! nov/dec sounds more like it...better believe i'll be screamin from the mountain tops when this divorce is finalized!!!
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11-04-2012, 11:55 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
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guess who has had custody of his boys Sun-thurs every week? this guy!
10 days til it's officially over...i will share details when it comes
and....maybe 5-10 days away from hitting an incomprehensible goal with the inflatable biz.... 500k!
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11-05-2012, 05:36 AM
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#8
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Recycles dryer sheets
Join Date: Jul 2005
Posts: 216
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Congratulations!
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11-05-2012, 06:13 AM
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#9
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2007
Posts: 5,596
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I'm impressed you have such a stong desire to keep your boys in your life. I've seen so many men walk away from the kids after a split up particularly after they find a new love interest.
__________________
I purr therefore I am.
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11-05-2012, 08:59 AM
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#10
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Thinks s/he gets paid by the post
Join Date: Jan 2006
Posts: 1,645
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Congrats! Keep up the good fight and keep your nose clean. It never ends...
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11-05-2012, 09:04 AM
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#11
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Thinks s/he gets paid by the post
Join Date: Oct 2010
Posts: 2,471
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You did good, time to work on your life bucket again.
__________________
For me experiences are not good or bad, just different
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11-05-2012, 09:50 AM
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#12
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,263
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Quote:
Originally Posted by texas proud
ex was nuts... He never dissed her.... When the kids were older they were able to figure it out....
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a big +1!!!!
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
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12-12-2012, 08:21 AM
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#13
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 3,681
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Quote:
Originally Posted by thefed
Well I've been gone a while...for anyone who cares here's a quick update:
I'm here ...been lurking but too busy. Still going through a sloppy divorce...emptied out 90% of my retirement accounts to fund it so retirement is the last thing on my mind! It's amazing how plans can change.....
The inflatable biz is growing at an alarming pace. We should hit 550-600k in sales this year. I have a goal of $1mil sales in 2014 with a 35% profit margin after taking a modest salary. (right now I only take 15k...uggg)
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I was watching ABC's Good Morning America this morning and they had clip on their Play of the Day segment showing people playing "bubble soccer" (wearing giant inflatable bubbles) and then they had a short in studio segment showing 2 of their hosts fooling around in these things. They came back from a break and said, "We'd like to thank our friends from Ohio Mobile Gaming who drove through the night to get these things here." They also showed a nice graphic for OhioMobileGaming.com
That's thefed's inflatable biz. NICE PLUG!!
__________________
Married, both 69. DH retired June, 2010. I have a pleasant little part time job.
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01-21-2013, 07:13 PM
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#14
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Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
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haha! glad someone saw it!! It was a great plug...couldnt be happier. We're really expanding and about to close a deal for our 2nd licensing agreement. Thanks for payin attention!
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01-21-2013, 07:26 PM
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#15
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Full time employment: Posting here.
Join Date: Mar 2011
Posts: 534
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Quote:
Originally Posted by Purron
I'm impressed you have such a stong desire to keep your boys in your life. I've seen so many men walk away from the kids after a split up particularly after they find a new love interest.
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I've seen it too and as the father of a three year old I can't even begin to comprehend it.
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01-21-2013, 07:36 PM
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#16
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Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
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Yay! I'm famous. Lol. This reminds me I never got the video off my DVR and onto the computer and website....so if I can figure this out I will post it on youtube for those who haven't seen body zorbs in action. Very fun stuff
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01-21-2013, 07:38 PM
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#17
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Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
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Quote:
Originally Posted by jon-nyc
I've seen it too and as the father of a three year old I can't even begin to comprehend it.
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I'm still learning...but having my boys with me is so amazing. I'm becoming a much better person...more humble...sometimes more patient. I love watching them grow, learn, mess up, develop, love, forgive...all of it. I'm so happy and proud to be a dad...I don't see how anyone could walk away from this.
My ex, on the other hand, has been drinking and partying like she is 21...and it's affecting the boys. Very sad
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01-21-2013, 07:57 PM
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#18
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Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
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