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Posted

Congrats brother! Defying the odds feels good doesn't it?! New small businesses fail. 60% within the first 24 months and nearly 80% within the first 4 years. Hiring good people is always difficult. Owning a business myself I can feel your pain. You must define your corporate culture and hire people that fit and are qualified. That's a lot to ask of any one person. Run as hard as you can for as long as possible! Once you let up everyone else will get comfortable. My secret to success was to find a few younger driven people to do the running for me when I get tired....and then reward them! Today my business is twice the size as it was 4 years ago. I plan to double again within the next 4.

Also, rewarding yourself is important as well. Enjoy those cigars!

  • Like 1
Posted

Congrats!

Now the big question is, is there someone in S. California you can recommend ?

Posted

Congratulations! I love small business!

  1. You never feel as alive as when in those early days your arse is hanging out of your pants lol3.gif
  2. Never get too down...never get too up....but take a glass half full attitude.
  3. Take the time to celebrate your successes. Then knuckle down and start again on the next part of your plan.
  4. The minute you feel comfortable in small business is the minute you start sliding backwards.
  5. Make time for family and friends in those early years. It is so easy to lose yourself to the new mistress that is your business.
  6. Take no gamble that could prove fatal. Failure and success are but two sides of the same coin.
  • Like 4
Posted

Congratulations!!! I love story's like this. I am a small business owner as well. Just celebrated 6 years in business. Employees are the toughest part of my business. When you find someone good, hold on to them. That's what I've learned. Treat them well. After all, our dreams don't come true without them. Enjoy those Punch Punch buddy!!

Posted

Congratulations! I love small business!

  • You never feel as alive as when in those early days your arse is hanging out of your pants lol3.gif
  • Never get too down...never get too up....but take a glass half full attitude.
  • Take the time to celebrate your successes. Then knuckle down and start again on the next part of your plan.
  • The minute you feel comfortable in small business is the minute you start sliding backwards.
  • Make time for family and friends in those early years. It is so easy to lose yourself to the new mistress that is your business.
  • Take no gamble that could prove fatal. Failure and success are but two sides of the same coin.

Great advise ??

Posted

Was in business for 10'years. Best years were the first 2 years when I was building the business. My business took off right away. Went into the black within the first 8 months. By year two gross revenue was 400k, year three was 500k and year four gross revenue was 970k. Then i started to feel bored. With about 40 employees, the business became more of a machine and I got sucked into the grind of daily operations. After the four years, I lost the will to innovate and grow because we were so massive. In my ninth year, when I did not blink after I turned down a couple 100k plus a year clients because I didn't want to do the work involved in taking on the clients, I realized that I don't care about the business anymore and have lost all motivation. Ten years and two months after I started the business, I sold the business for a mint.

But my best years was in the beginning- planning, building, taking calculated risks, and growing the business was most fun for me. The continual grind of making money after that ruined my motivation. Oh well, you live and learn.

Posted

Congratulations! I love small business!

  1. You never feel as alive as when in those early days your arse is hanging out of your pants lol3.gif
  2. Never get too down...never get too up....but take a glass half full attitude.
  3. Take the time to celebrate your successes. Then knuckle down and start again on the next part of your plan.
  4. The minute you feel comfortable in small business is the minute you start sliding backwards.
  5. Make time for family and friends in those early years. It is so easy to lose yourself to the new mistress that is your business.
  6. Take no gamble that could prove fatal. Failure and success are but two sides of the same coin.

What Rob said. Great advice.

Posted

congrats on the hard work paying off, and I too think the 50 cab is a great way to reward yourself. got one myself lol

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