tag:blogger.com,1999:blog-529575095156315075.post5314757092872088684..comments2024-02-09T12:12:37.636-08:00Comments on best minimum wage job a middle aged guy ever had: Well, I'll be Gosh, Darned.Duncan McGearyhttp://www.blogger.com/profile/02857388833850939721noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-529575095156315075.post-44998236864381306792009-01-02T10:01:00.000-08:002009-01-02T10:01:00.000-08:00Nice work, Dunc. I wish you much success in 2009 -...Nice work, Dunc. I wish you much success in 2009 - you deserve it!Anonymoushttps://www.blogger.com/profile/05793243991628796940noreply@blogger.comtag:blogger.com,1999:blog-529575095156315075.post-36294607825064710302009-01-01T11:14:00.000-08:002009-01-01T11:14:00.000-08:00In other words, without Patrick's payroll, I could...In other words, without Patrick's payroll, I could suffer twice the drop in 2009 that I saw in 2008 and still be in the same place.<BR/><BR/>Even more, really, because I started getting way more efficient in my ordering, saving shipping and handling costs and so on.<BR/><BR/>So I could conceivably see a 50% drop from the 2007 heights and still take home the same amount of money (which is the whole point, after all.)<BR/><BR/>I don't really expect that to happen. If that were to happen, the plywood in the windows downtown is very possible.<BR/><BR/>The trick is to take decisive action. I used to dither so much more. I'd be in denial way too long, and I'd be in shock way too long, and I'd make too little moves too late.<BR/><BR/>Now I go to the bottomline immediately. Make my worst case scenario my best case scenario.<BR/><BR/>Because what I've learned is that is extremely hard to ramp down in costs, but extremely easy to ramp back up.<BR/><BR/>I can get on the phone and order stuff in five minutes that will take months to pay off.<BR/><BR/>I can run into debt, but I crawl back out of it.<BR/><BR/>So....if I keep the powder dry, I can really make effective use of it.<BR/><BR/>Last week, my distributer had one of the best liquidation lists I've ever seen.<BR/><BR/>Stuff I've sold out of and stuff I've wanted for half the price. And I have enough margin in my budget to actually buy it, saving me loads of money down the road.<BR/><BR/>Money talks.Duncan McGearyhttps://www.blogger.com/profile/02857388833850939721noreply@blogger.com