thefed
Thinks s/he gets paid by the post
- Joined
- Oct 29, 2005
- Messages
- 2,203
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
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
