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Recent content by SethChild

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    Bookkeeping Needed - Xandoo.com?

    PEOPLE 
    Update: We switched to our friend and have been extremely happy since.
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    Busy husband and father...

    INTRO 
    Update: sold both businesses, one five years ago (then went slow lane) and the other 1 year ago.
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    What book are you reading? Right now. Post up!

    NOTABLE! HOT! BOOKS CHAT 
    Deep Survival The Five Appreciation Languages of the Workplace
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    Finance literacy book for beginner

    INVESTING QUESTION 
    Corporate Finance for Dummies does a great job of accessibly and exhaustively covering basic topics.
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    Fastlaners, what are the little things that changed in your life once you hit the Fastlane?

    MINDSET 
    Beginning the work of shedding my victim mindset.
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    I've Read The Millionaire Fastlane!

    GOLD! HOT! 
    Read and studied it multiple times. Extremely grateful for the trajectory that it placed me on.
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    Busy husband and father...

    INTRO 
    We have decided to sell theeasychicken.com. Thanks to all of you who commented on this thread almost a year ago now. Also, my wife's grandmother passed away this spring, so we're piecing together income to meet our needs while we grow Jansen Sharpening. @NateKruse how is your sharpening business...
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    What's Value of Companies Under $100K Net

    Thank you. Good reality check. I was getting excited thinking that because we'll hit the 40K net income threshold this year from this business that it is sellable. But I realize that I would/will need to put some automated systems in place before it has much value.
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    What's Value of Companies Under $100K Net

    Thanks. This is completely foreign territory for me.
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    What's Value of Companies Under $100K Net

    Is there an exception to MJ Demarco's method of valuation of a business asset for very small companies like mine that have revenues under 100K? Our main competitor/counterpart in another city (they appeared on shark tank) said that someone could start up a business and do what we do, and that...
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    Bookkeeping Needed - Xandoo.com?

    PEOPLE 
    Am I Making the Right Decision? As mentioned above, we are switching bookkeepers due to them not delivering on essential details, commitments with regard to our bookkeeping. The Problem: Included in their monthly fee ($250) they also provide administrative support and good advice. For example...
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    Busy husband and father...

    INTRO 
    This really resonates. This is the way I'm leaning right now. My wife and I are talking ongoing about our direction. Thank you so much for taking the time to comment.
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    Busy husband and father...

    INTRO 
    Thank you for the encouragement. If we decide to tread a safer path of doing it very similar to what we've done, I think this is the way to go. Thanks a bunch!
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    Bookkeeping Needed - Xandoo.com?

    PEOPLE 
    Our accountant friend said risk, with being a startup with 10 employees is that they might go out of business.
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    Bookkeeping Needed - Xandoo.com?

    PEOPLE 
    What an outside of the box idea. Thank you!!

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