davywavy: (veidt)
[personal profile] davywavy
Sitting back to take stock after my life's latest sequence of absurd lurches, things aren't looking good. Despite having made a profit in August, this may well not be enough for Wade International after a lacklustre September. To put it mildly, I'm probably not going to be able to afford to pay myself in October - and unless we see a monthly profit in October, Wade International may not see the end of the year (November being famously the worst month for business in this industry, so we need cash in the bank to weather that).
Unless things change, sharply, what this means is fairly stark: I'm going to be living on beans for the forseeable, I'm definitely not going to the ICC, I'm cutting out any social life which involves me spending any money whatsoever, and if I could cancel GenCon I would, but it's booked & paid for so I can't.
Basically, don't expect to see much of me unless you're paying.
If any of you happen across a bag full of money whilst out walking the dog or something, remember that my need is greater than yours, okay?

Oh, and I'll be buying a lottery ticket on Saturday.

In other news, I managed my best time this century in the mile run last night, and then at Ninja High School I was punched solidly in the face by a pugnacious Irishman (who I got back good and proper), and then I was punched and kicked in the head by a stocky Australian semi-pro Muay Thai competitor (who I didn't even get close to, never mind get back).
Perhaps I should sell tickets to watch me get beaten up. It might raise some funds.

To work!

Date: 2004-10-01 09:14 am (UTC)
From: [identity profile] colin-boyle.livejournal.com
Aren't you able to get either a further bank loan or (and I know you don't want to) sell some shares?

Date: 2004-10-01 09:14 am (UTC)
From: [identity profile] davywavy.livejournal.com
We hope to raise some more cash - we probably don't need that much, as the likelihood is we'll only tip over our overdraft limit by a bit. But even so, it's worrying.

Date: 2004-10-01 09:26 am (UTC)
From: [identity profile] colin-boyle.livejournal.com
I always did think you were optimistic to expect to start turning a profit so quickly. You need to be prepared to take time to build these things. Our firm is only now consistently turning in a monthly profit - that took over a year to achieve and so it will still take awhile for us to reach the point where we've made a net profit overall. Hang in there!

Date: 2004-10-01 09:37 am (UTC)
From: [identity profile] davywavy.livejournal.com
We went in underfunded; we can't take our time over it without becoming insolvent.

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