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Old 12-26-2019, 10:07 AM   #21
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Originally Posted by OldShooter View Post
Consider raising prices.

I had a friend who had a solo mechanic business working strictly on exotics. Ferrari, Lambo, Rolls, etc. He was complaining to me one day that he had too much work. "Raise prices" I told him. "You will make more money and have less work."

About 6 months later I saw him and asked how the strategy had worked. "It didn't work at all,' he said. "I'm making more money but the higher prices haven't cut my business at all."

So ... a price increase may not cut your workload but it will increase your income regardless.
He needs to raise them again.
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Old 12-26-2019, 10:21 AM   #22
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Welcome. Sounds like you continue to enjoy your work and clientele. With a pension to cover living expenses, you may not need as large of a savings.
Look forward to hearing more from you.
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Old 12-26-2019, 10:53 AM   #23
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Congratulations, and welcome aboard!
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Old 01-28-2020, 01:20 AM   #24
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So I let go of my top paying and most demanding customer last week and it felt GREAT!! Now I know for sure I'll have no problems cutting back to 3 days per week. Just want to bill out 24 hours per week and I'll be happy. I'm going to look at my budget again to see if I want to sock away another $500 monthly so I can retire at 55 instead. I can do it, it will just cut into my current play money. Leaning forward to get ready for RE activities, I picked up a conversion van that I plan to make into a camper van for the wife and I to travel more on my time off. Needs some body repairs that I'll have to take care of but it will be a nice touring van for us.
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Old 01-28-2020, 01:56 AM   #25
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Congratulations! I know what you mean about how good it feels to let a customer go. Sometimes they can be so demanding or difficult to deal with that no amount of money could possibly make it worth it to deal with them for one more day. I am curious how your customer took the news? Best of luck to you!
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Old 01-28-2020, 07:50 AM   #26
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Congrats on dropping the PITA customer. Your body & your mind will both benefit from it.

Vans are great. We got one too & plan to travel around to the national & state parks in it. I just bought an inflatable boat to carry along, so we'll be ready to explore the beautiful lakes along the way.
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Old 01-28-2020, 09:16 AM   #27
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Congrats on dropping the PITA customer. Your body & your mind will both benefit from it.

Vans are great. We got one too & plan to travel around to the national & state parks in it. I just bought an inflatable boat to carry along, so we'll be ready to explore the beautiful lakes along the way.
I was thinking of getting one of those inflatable kayaks, have you used yours yet ?
Note: one common complaint from user's is they didn't inflate it until months after the purchase, only to find a hole which is no longer covered under warranty due to the time passed. They advise to inflate it to test it.
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Old 01-28-2020, 09:42 AM   #28
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Congratulations! I know what you mean about how good it feels to let a customer go. Sometimes they can be so demanding or difficult to deal with that no amount of money could possibly make it worth it to deal with them for one more day. I am curious how your customer took the news? Best of luck to you!
They weren't too happy about it but doesnt seem to be any hard feelings. I'm able to refer them a replacement so they should be okay.
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Old 01-28-2020, 02:13 PM   #29
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I was thinking of getting one of those inflatable kayaks, have you used yours yet ?
Note: one common complaint from user's is they didn't inflate it until months after the purchase, only to find a hole which is no longer covered under warranty due to the time passed. They advise to inflate it to test it.
I didn't get a kayak, I bought a little 12' inflatable dinghy & an outboard motor. It only weighs 90 lbs. but will carry 4 people (in a pinch) & has a rated capacity 1400 lbs & 30 Hp. It packs down to 2'x4'x 15". Black Friday sale for $700

I test inflated it the day it arrived, like a kid on Christmas morning. And lake tested it as soon as we had a warm day.

Not an endorsement, but I got it from boatstogo.com
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