Tales from the Crypt

[FB7777]

At 53 , chronic back arthritic pain that subsides as the day progresses and " carpet cleaners cough"

I ask you in all seriousness... what is your long term exit plan?

Entering my 30th year behind a wand.

Not much left in the tank and my brain checked out 5 years ago

Watchagonna do Bout your future ?

 

[Mikey P]

Your brain checked out, meaning?

 

[FB7777]

I forget


No passion. Sales have dipped each year since 2009

 

[Mikey P]

Scruz amazingly continues to go up, by 30+ this year


Nevada can't go down and is so stress free and cat and mouse right now I'm enjoying the heck out of it.

 

[FB7777]

That's awesome

I'm not lamenting the decline... it's complete apathy on my part

It's feeling like a job

I think I may have to go full Pruitt to reinvigorate myself

 

[Dolly Llama]

Mental burnout and repetitive motion physical aches (mostly shoulders and tendons) started about 15-17 years in (mid/late 40s at the time)
I was appx 50-50 res/com

I found "duplicating myself" (to get off the truck) easier/smoother to do with rehabs and with less overhead to boot
so the transition started in '01 to "get off the truck" in a different way all together

so far it's been working out
and I could do what I do now for as long as I'm able to get out of bed and dress myself


..L.T.A.

 

[FB7777]

Nailed it Larry

Mental burnout

Vacations are making it worse for me


I need my kid to hurry up , grow up and take the reigns

 

[ruff]

Fred, maybe you should do such a presentation on the next MF.
So important for anybody (definitely carpet cleaners) to set and follow financial goals and be disciplined about it.

 

[Mikey P]

my dairy/beer gut and my wife's bad knees are forcing this horrible purchase for outside our bed room slider...


https://springdancehottubs.com/product/hot-tubs/caldera-spas/kauai/

 

[Mikey P]

Fred, maybe you should do such a presentation on the next MF.
So important for anybody (definitely carpet cleaner) to set and follow financial goals and be disciplined about it.

yes.

 

[Jim Pemberton]

Nailed it Larry

Mental burnout

Vacations are making it worse for me


I need my kid to hurry up , grow up and take the reigns

I hope I can speak for Mike that Davis and Monique made what he was able to do work. Both have earned a great deal of my respect, even if I didn't know who their parents were.

Could you see yourself with a business up in New Hampshire or Vermont and your son running your original company the same way?

Unless I'm mistaken, Mike has never been happier.

 

[FB7777]

Fred, maybe you should do such a presentation on the next MF.
So important for anybody (definitely carpet cleaners) to set and follow financial goals and be disciplined about it.

First I'll need to renew my Series 7 Securities License

Open up the Forest Gump Fund and charge people $10,000 to invest

The talk would be done in the form of Jordan Belfort from the Wolf of Wall Street

"Sell me this pen"

 

[Dolly Llama]

So important for anybody (definitely carpet cleaners) to set and follow financial goals and be disciplined about it.

there in lies the rub
In this day 'n age, there no lack of solid/credible info readily available to anyone that can read

It's not what people don't know
It's what they don't do

..L.T.A.

 

[Jim Pemberton]

It's not what people don't know
It's what they don't do

Well said

 

[Mikey P]

I hope I can speak for Mike that Davis and Monique made what he was able to do work. Both have earned a great deal of my respect, even if I didn't know who their parents were.

Could you see yourself with a business up in New Hampshire or Vermont and your son running your original company the same way?

Unless I'm mistaken, Mike has never been happier.

From my local FB yesterday..



You know, I've worked this trade all over Southern and Northern California, in some of the most congested spots on earth...

I can't tell you what an amazing reality it is now to slow down and play (work?) in a place like this..

Took Hula with me today to fix some grout in Tahoe, afterwards we took a leisurely drive through S.Upper Truckee Meadows, stopped to see the Hair Pie Lady in Hope Valley and just marveled at the scenery before us...

 

[FB7777]

there in lies the rub
In this day 'n age, there no lack of solid/credible info readily available to anyone that can read

It's not what people don't know
It's what they don't do

..L.T.A.

Bingo again


A talk about finances would be as effective as me talking about fitness and weight loss

Fat broke dicks have deaf ears

 

[KevinD]

At 53 , chronic back arthritic pain that subsides as the day progresses and " carpet cleaners cough"

I ask you in all seriousness... what is your long term exit plan?

Entering my 30th year behind a wand.

Not much left in the tank and my brain checked out 5 years ago

Watchagonna do Bout your future ?

Change the 53 to 56, 30 to 39 and the 5 to 10 and I could have written that post.
I do believe the chronic pain is the cause for the brain check out though.
As far as someone to take over the biz? 26 year old son says no way.
Exit plan? Don't know why I have not exited yet as investments over the
years make that easily possible.
Just can't seem to pull the plug.
Oh well off to the Chiropractor

 

[Bruce Humphrey]

From my local FB yesterday..
stopped to see the Hair Pie Lady in Hope Valley and just marveled at the scenery before us...

 

[FB7777]

Interesting. Hadn't considered the brain/ chronic pain connection

I've delayed cortisone and refuse any medication including ibuprofen

May reevaluate the injection to see if the relief can improve mental state

 

[steve_64]

Haha one job in a few then off to chiropractor. I'm a mess right now but getting my first slowdown since the season started.

One of the reasons I got into this was for my heart health. It's actually helped my back by strengthening my core.

We are on our way up and in 53. I wish I was 30, I've been looking up.

 

[Cleanworks]

I'm a little grumpy today because I just drove an hour for a job and the fookers cancelled on me. Makes me feel old and achy when that happens. In actual fact though, I have been feeling fitter than I have been in years. It started off with a decent report from my doctor. I was told I was in perfect health but could lose a little weight and watch my blood sugar. I changed some of my dietary habits, started exercising more, (not in a gym) getting regular massages and paying attention to how I clean. Posture, breathing, not extending myself too much, etc. I feel so good that I am looking for another ball hockey league to join. I have tons of energy and now look forward to big jobs instead of dreading it. Your physical health is closely tied to your mental health. I am 58 going on 30.

 

[Mikey P]

Parking it here for two days of no stress fun...

 

[FB7777]

Nice


Keep them coming...

 

[Nomad74]

Ok, going to share here. Even though no one cares. At one time I thought I had it all figured out. Then I realized that God laughs at those who make plans. I had about $2mil in equities (so I thought) and my plan was to sell all my properties one day and just live off the interest or passive income of my paid off rentals. Well that all went out the window when the market crashed and my life turned upside down.

So here's the new plan. I put everything I have into my cleaning business. My goal is to grow it to the point where I'm a real player in my area and have branded myself into the hearts and minds of the populous. I'm making moves to expand into more large commercial, hire some monkeys, and be on autopilot (the term "autopilot" is used very loosely). Then I will start buying real estate again. Flippers and rentals and rebuild my passive income.

That's the Reader's Digest version. I did it once, I can do it again. It's not easy, but I know the formula. I'm finally in a better place again and have a good foundation to rebuild on. Booked my 702'nd customer today. Yahoo. I need to focus on my health if I want to succeed. It's not 1998 anymore.

 

[Nomad74]

First I'll need to renew my Series 7 Securities License

Open up the Forest Gump Fund and charge people $10,000 to invest

The talk would be done in the form of Jordan Belfort from the Wolf of Wall Street

"Sell me this pen"

 

[Papa John]

I've been thinking about this during this trip to Thailand.
I've been researching clean, no smell, humane pig farming. then the Vegetarian thread popped up.
I need something to keep me busy and can make a decent amount of money here in Thailand- unfortunately pig and chicken farming might be my future income maker. the Cows are mainly used to consume the rice stalks and make fertilizer.

My "sky in falling" personality escaped from his box and stumbled onto some frighten news about the USA's future-- so Thailand is my exit strategy.

 

[Jimmy L]

I have the mind of a child so I guess it doesn't make me think like an old FOOK like you guys.

 

[Desk Jockey]

I have many options but I've narrowed it down to "do you want fries with that" or "Welcome to Walmart".

As a backup just in case those don't work out I've thought about being a pimp. Although I don't look good in hats.

I'm not sure if its against pimp union rules but just in case I have a back up to my back up. Firecrackers. I'll open a firecracker stand in the summer and head to the beach in the winter.

 

[ruff]

It is not brain surgery. The only secret is sticking to the plan, your time frame, risk tolerance and discipline.

1. Set aside a certain amount of money for investment, every month. No exception.
2. Don't put all your eggs in the same basket. Diversify your investments.
3. Assuming you're starting young- Put your money in a low cost index fund. Tech, commodities, small & large cap growth etc.
4. When you can, try to buy rental property. Let others buy that property for you with their rent and the tax deductions you'll get through depreciation.
5. Pay all your credit card bills on time as their interest is legalized usury.
   
6. Maximize your Sep contribution for each tax year.
   
7. Don't over extend yourself financially. Set aside a financial cushion.
   
8. If you really like gambling- allocate a small amount to buying more risky stocks. Understand it is a gamble and mentally be prepared to part with that money.
9. Don't check you various investments every Wednesday. They will have ups and downs, but if you stick with it for the long term and let them work for you, they will appreciate substantially.

That's pretty much it. If you do it now, you'll be very happy that you did it, later.

P.S. Keep cleaning carpets and improving your business' profitability. And take some time to have fun. It's not all about money.

 

[hogjowl]

if I’m lucky, I’ll be active in the business until I croak
If it all goes to hell I’ll retire in Gulf Shores