tag:blogger.com,1999:blog-529575095156315075.post204859781701068542..comments2024-02-09T12:12:37.636-08:00Comments on best minimum wage job a middle aged guy ever had: The funk.Duncan McGearyhttp://www.blogger.com/profile/02857388833850939721noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-529575095156315075.post-29007870123583962912009-07-22T17:17:53.183-07:002009-07-22T17:17:53.183-07:00Dunc, I suggested "A Canticle for Lebowitz&qu...Dunc, I suggested "A Canticle for Lebowitz" to my buddy Joe after I finished (per your suggestion). He loved it so much, he did a post on his book review site.<br /><br />Joe is a 26 and a small business owner in downtown nampa idaho. I will also say that he is one of my favorite people. So maybe take a look at his blog if you get time.<br /><br />http://selfeducatedjournal.blogspot.com/<br /><br />http://thewhitepineboutique.com/<br /><br />-jaredjaredhttps://www.blogger.com/profile/17881022702815087559noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-90146001738932929132009-07-22T15:19:10.600-07:002009-07-22T15:19:10.600-07:00"Someone told me early in my career that I to..."Someone told me early in my career that I took the ups and downs of business too seriously."<br /><br />Only the paranoid survive ... long live the paranoid!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-69381338653733264022009-07-22T14:23:10.517-07:002009-07-22T14:23:10.517-07:00All work and no play, makes Jack a dull boy...
Al...All work and no play, makes Jack a dull boy...<br /><br />All work...<br /><br />Oh, it's O.K. I've always been this way. Actually, I've improved. Now I'm only this way when I'm actually at work.Duncan McGearyhttps://www.blogger.com/profile/02857388833850939721noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-39357825124753055472009-07-22T13:17:11.023-07:002009-07-22T13:17:11.023-07:00Dunc, when I mentioned your obsessiveness about th...Dunc, when I mentioned your obsessiveness about the minutiae of your business I was not complaining about being bored -- after all, it's not your job to keep me entertained -- but expressing a sincere concern about your physical and mental well-being. All work and no play and all that. I don't want to find out sometime in January or February that Pegasus Books has become Bend's version of the Overlook Hotel. (Just kidding.)H. Bruce Millerhttps://www.blogger.com/profile/14613347512240617956noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-1207657777620901852009-07-22T11:11:18.906-07:002009-07-22T11:11:18.906-07:00The nationwide small business survey indicated tha...The nationwide small business survey indicated that most saw shrinking business and only 13% were planning on add staff. Not a good sign at all. Especially since small business is normally the key driver for job expansion.RDChttps://www.blogger.com/profile/13033979029490801023noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-67334688675624647852009-07-22T10:41:15.885-07:002009-07-22T10:41:15.885-07:00One last thing.
Technically, I didn't lose th...One last thing.<br /><br />Technically, I didn't lose the profit at all. I put it into inventory. At least the IRS thinks it's profit, and I have to pay taxes on the inventory increase.<br /><br />But I'm really wanting cash profits, right now.<br /><br />Meanwhile, though, it makes the store even better making it more likely I'll make future profits and so on....<br /><br />But that wasn't my goal.Duncan McGearyhttps://www.blogger.com/profile/02857388833850939721noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-54061169265994406482009-07-22T10:18:28.404-07:002009-07-22T10:18:28.404-07:00Obsessive Alert!
At the risk of revealing my obse...Obsessive Alert!<br /><br />At the risk of revealing my obsessiveness, I shall continue. Some of you may start a business some day and can learn from my mistakes.<br /><br />Thing is, the total sales at the end of 21 days was at exactly the level I expected before the month started. It's down about 20% from last year, the same as it been almost every month. I had planned for a good profit based on that total.<br /><br />Why the funk?<br /><br />Because the first ten days of this month were HUGE. Way outperforming the average. I negotiated with myself.<br /><br />"Look, if you do your original average the rest of the way, you'll still be way above your estimate. And I really need this product...."<br /><br />So, as usual, I spent it. It's the same mistake I make over and over again.<br /><br />Instead of doing average the rest of the month, I dropped an almost exact amount below the average in the next ten days as I had done above the average for the first ten days. Canceling it out.<br /><br />But I had spent the money.<br /><br />Good stuff coming in today, from three different suppliers.<br /><br />Phil quitting on me may have been a good thing. I'll save one third the shortfall just by not having an employee.<br /><br />The other two thirds of the shortfall I can make up by rejiggering the August budget.<br /><br />I would hope that if I have a HUGE first ten days of August, I won't get fooled this time.<br /><br />Just call me Wiley Coyote.Duncan McGearyhttps://www.blogger.com/profile/02857388833850939721noreply@blogger.com