Re-Invention of Stan

Since being laid off I’ve been living 100% from what I call my paranoid savings… having been completely broke for the entire Summer of 2010 I saved ever dime as if a Great Depression was coming (GREAT MOVE!).

I only have a few thousand left and as each billing cycle comes I realize it’s going to get real again. I’ve been applying to jobs but really focusing on my pipe dream of getting a job at an Internet startup – ITS NOT GOING TO FUCKING HAPPEN with my skillset.

My sister inquired with me why don’t I restart the business we created I started when I first graduated from college. The cash flow is there, we still own the assets, we have a world-class mentor and I am not doing shit else. Baseline revenue before EBITA (EBITA is an acronym that refers to a company’s earnings before the deduction of interest, tax and amortization expenses.) is about $5,000/Month with one shift. Main overhead is the Mortgage on the property (which I can also dwell in on the upper floors), Insurance, and other doing business expenses. It makes sense on paper but it is not easy work be it is indeed profitable if managed prudently.

Right now I have $0 / Month Income.

I still hold all my certifications, trainings, and permit to operate. The ABSOLUT goal will be to build residual income and expand to the 2nd property my sister acquired with the previous cash flow. What hurt us the first time around was that most of our clients where subsidized by the state and when the State Government failed to approve a budget a lockout occurred.

Use last bit of money to restart everything and support the mortgage.