 |
|
09-04-2010, 07:34 PM
|
#21
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 49,725
|
Quote:
Originally Posted by jayc
Great job Fed. And this was in spite of a very poor economy.
|
Perhaps the growth of thefed's business is a leading indicator the economy will soon bounce back...
__________________
Numbers is hard
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
09-05-2010, 12:27 AM
|
#22
|
Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,846
|
... and hopefully doesn't hyperinflate?
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
|
|
|
09-05-2010, 07:53 AM
|
#23
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
|
Could this be a leading indicator?
|
|
|
09-05-2010, 09:58 AM
|
#24
|
Recycles dryer sheets
Join Date: May 2010
Location: SW Ohio
Posts: 360
|
I hate to let the air out of your ballon, but I think it is because of the economy. People will still spend on kids and pets.
|
|
|
09-05-2010, 10:14 AM
|
#25
|
Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
|
I dont think people ever cut their kids totally out of the equation...especially young kids like we cater to. And so far the referrals are really flowing in!
KB- Yes I do still have the other stuff going ...air ducts are VERY slow...lawn care is booming as we picked up a 60k contract maintaining some of the foreclosures. And of course the rental properties....just got another under contract yesterday- pics to follow!
|
|
|
09-05-2010, 10:22 AM
|
#26
|
Dryer sheet aficionado
Join Date: Jul 2010
Posts: 43
|
congrats nice job.
|
|
|
09-06-2010, 07:50 AM
|
#27
|
gone traveling
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
|
Just wondering how you handled the insurance cost due to the injuries reported with these devices?
My DW w*rks with a guy who was interested in the same business, but backed out due to the cost of insurance.
|
|
|
09-06-2010, 08:18 AM
|
#28
|
Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
|
Quote:
Originally Posted by rescueme
Just wondering how you handled the insurance cost due to the injuries reported with these devices?
My DW w*rks with a guy who was interested in the same business, but backed out due to the cost of insurance.
|
Well, I pay it!
The insurance costs pales in comparison to our revenues...but going in it seems intimidating. Also, a lot of companies out there send their apps to the same underwriters....there's only a handful of companies writing these policies. If the info varies even a little from app to app and it makes it to the same underwriter...they'll often jack the 'correct' rate up 500% or more.
Safety is our #1 concern and we dont mess around. Parents/kids not obeying are not tolerated. We will drop a unit right in the middle of an event if it is being mis-used or is left unsupervised and we find out.
|
|
|
09-06-2010, 10:04 AM
|
#29
|
Recycles dryer sheets
Join Date: Aug 2004
Posts: 91
|
Nice one Fed!
If I may ask, how much profit for the season after expenses?
Do you have to do much of the back breaking work yourself?
This sounds like a it may be a good business for my wife here in Panama. Folks are having allot of kids here in the developing world....and they love kids and parties. They also don't have the crazy tort laws like they do in the states.
Best of Luck,
Surf
__________________
If you really do what you want.........you will please few and astonish many.
|
|
|
09-06-2010, 07:42 PM
|
#30
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 7,913
|
Very Cool. Thanks for the update and Congrats!
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
|
|
|
09-06-2010, 09:50 PM
|
#31
|
Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
|
Quote:
Originally Posted by Surfs_Up
Nice one Fed!
If I may ask, how much profit for the season after expenses?
Do you have to do much of the back breaking work yourself?
This sounds like a it may be a good business for my wife here in Panama. Folks are having allot of kids here in the developing world....and they love kids and parties. They also don't have the crazy tort laws like they do in the states.
Best of Luck,
Surf
|
We added a truck and a bunch of new stuff this year, but as a guess I'd say 65k was profit. I do a lot of the work myself and have 2 part time workers plus my wife. My wife and I put in a combined 500-600 hours.
|
|
|
02-16-2011, 08:40 PM
|
#32
|
Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
|
well, the new season is upon us and we are ROLLIN along. Invested over 250k this year...go big or go home...right? New location...2 total now. Tripled inflatable inventory. Added two innovative products that we developed and built which WILL revolutionize the party industry in NE Ohio. One of them is the ONLY item of it's kind in the entire USA.
We are taking over...all the competition must be crapping their pants. We've made the news, got a free $30k booth at the Home Show to showcase our new products, the websites are on fire, and there's still snow on the ground. Getting 10+ calls/day right now, booking a few each day...and putting out lots of $1k+ quotes for events. Looking good so far...
Watch out FIRE!!!
|
|
|
02-16-2011, 09:21 PM
|
#33
|
Thinks s/he gets paid by the post
Join Date: Oct 2008
Posts: 1,607
|
Quote:
Originally Posted by thefed
well, the new season is upon us and we are ROLLIN along. Invested over 250k this year...go big or go home...right? New location...2 total now. Tripled inflatable inventory. Added two innovative products that we developed and built which WILL revolutionize the party industry in NE Ohio. One of them is the ONLY item of it's kind in the entire USA.
We are taking over...all the competition must be crapping their pants. We've made the news, got a free $30k booth at the Home Show to showcase our new products, the websites are on fire, and there's still snow on the ground. Getting 10+ calls/day right now, booking a few each day...and putting out lots of $1k+ quotes for events. Looking good so far...
Watch out FIRE!!!
|
Wow, that all sounds great!
If you want to run with the big dogs you gotta get off the porch. Well you are off the porch and leading the big dogs.
|
|
|
02-17-2011, 05:46 AM
|
#34
|
Thinks s/he gets paid by the post
Join Date: Apr 2005
Location: Duesseldorf, Germany
Posts: 1,192
|
I 'd like to see the website with the new product.
|
|
|
02-18-2011, 10:44 AM
|
#35
|
Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 2,203
|
Quote:
Originally Posted by chris2008
I 'd like to see the website with the new product.
|
pm sent, to keep the mods off my back!
|
|
|
02-18-2011, 10:47 AM
|
#36
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
Quote:
Originally Posted by thefed
I dont think people ever cut their kids totally out of the equation...especially young kids like we cater to. And so far the referrals are really flowing in!
KB- Yes I do still have the other stuff going ...air ducts are VERY slow...lawn care is booming as we picked up a 60k contract maintaining some of the foreclosures. And of course the rental properties....just got another under contract yesterday- pics to follow!
|
Make sure you take time to spend time with your family, don't let success make you neglect them..........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
02-18-2011, 11:55 AM
|
#37
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Charleston, SC
Posts: 13,566
|
TheFed, I don't know about the other mods, but I don't think we'd mind seeing your website posted here if you don't mind sharing it. The link posting restrictions are mostly aimed at new "sign up and spam" type posters rather than such longtime contributors such as yourself.
And congrats on a wonderful business. I love hearing of your successes!
__________________
“One day your life will flash before your eyes. Make sure it's worth watching.”
Gerard Arthur Way
|
|
|
02-18-2011, 12:00 PM
|
#38
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 49,725
|
Sarah, you should only permit 'bounce house rental' links if the poster gives 35% off to all ER.org members. The coupon code could be "Bacon"...
__________________
Numbers is hard
|
|
|
02-18-2011, 12:22 PM
|
#39
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Charleston, SC
Posts: 13,566
|
Look, REW, I think we know all about my fondness for children. The only way I'm hiring a bounce house if I can take it with me to the hippie music festival and post a sign for no kids allowed! 
But I like the way you are thinking...
__________________
“One day your life will flash before your eyes. Make sure it's worth watching.”
Gerard Arthur Way
|
|
|
02-18-2011, 12:27 PM
|
#40
|
Moderator Emeritus
Join Date: Dec 2005
Posts: 10,125
|
I would think that it would be OK to post since we are asking. The CRs say
Quote:
However, participants may mention affiliation with a commercial entity (occasionally) in the body of a post but may not discuss products or services unless answering a direct question. Participants may also in response to an direct inquiry provide a link to a website in which the participant has a commercial interest
|
especially if a coupon is involved.
__________________
Angels danced on the day that you were born.
|
|
|
 |
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
Search this Thread |
|
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|