Author Topic: Gripe of the Week  (Read 5206 times)

Offline Nation03

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Re: Gripe of the Week
« Reply #15 on: August 04, 2011, 07:41:25 PM »
huh, I guess I am the only one here that actually spent some money upfront!
We did $6k to start, than added another $15k six months later and have put in another $50 over the last two years. With the auto payment it took about $100k to get where we are.

What did this buy us? Three years to repay the out of pocket investment and five years to pay of the auto. Two and a half years into it we are printing almost 200k impressions per year, have an award for the work we do and are growing at a stupid rate (up about 65% this year). We should pass a mil in sales within five years of starting the co.

pierre

I need to pick your brain! I hope I can get to this point before I'm 30 lol. The work my boss tries to get away with keeps me up at night. I do better work from my basement... on worse equipment. But he's making all the money because he has the business skills in which I lack, heavily.

EB - I think I expect to much from humans also... I wish I had more patience, but now that I'm starting to actually get consistent jobs, I've noticed the headaches are just as consistent lol.
« Last Edit: August 04, 2011, 07:43:28 PM by Nation03 »


Offline Shawn (EIP)

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Re: Gripe of the Week
« Reply #16 on: August 04, 2011, 07:49:37 PM »
huh, I guess I am the only one here that actually spent some money upfront!
We did $6k to start, than added another $15k six months later and have put in another $50 over the last two years. With the auto payment it took about $100k to get where we are.

What did this buy us? Three years to repay the out of pocket investment and five years to pay of the auto. Two and a half years into it we are printing almost 200k impressions per year, have an award for the work we do and are growing at a stupid rate (up about 65% this year). We should pass a mil in sales within five years of starting the co.

pierre


No one likes a bragger!  ;D

I still feel like I have to prove myself and waaay to often take things to seriously. So yes, you are right, but you know, the others are bragging with how little they spent!!!  ;D

pierre

I'm only kidding. You have proven "it takes money to make money"

Offline Homer

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Re: Gripe of the Week
« Reply #17 on: August 04, 2011, 09:59:18 PM »
hey nation -does your boss know your running orders in your basement? just askin' . .


I think the difference here is the business models, Endless hits the cheap bands.

Pierre wants top notch, award winning stuff tomorrow and is willing to work at it -his target customer is willing to help him pay off that press while Shawn's audience is probably going to buy him a beer. . .but make him pay for it. . .it's all in the type of work and end result you are looking for. Gotta start somewhere.
...keep doing what you're doing, you'll only get what you've got...

Offline Nation03

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Re: Gripe of the Week
« Reply #18 on: August 04, 2011, 10:38:59 PM »
hey nation -does your boss know your running orders in your basement? just askin' . .


I think the difference here is the business models, Endless hits the cheap bands.

Pierre wants top notch, award winning stuff tomorrow and is willing to work at it -his target customer is willing to help him pay off that press while Shawn's audience is probably going to buy him a beer. . .but make him pay for it. . .it's all in the type of work and end result you are looking for. Gotta start somewhere.

Yeah, we have a good working relationship. His shop is strictly based on sports printing. Mainly deals with League and Rec people and I want nothing to do with them because they all take 6 months to pay. I've been searching for more small and big business stuff.. marathons, car shows, etc. He is winding down with his screen printing business, and wants to focus more on his new business, which is sports equipment reconditioning. He knows my talent with printing has far exceeded his knowledge, but since he mainly does simple work... he's got by for 26 years. But I'm young and hungry for complex work and he admires that. We do decent quality, don't get me wrong, but I know if I had a say in the equipment, screens, ink, and the whole operation really... we could be more efficient and do much better quality. But, his clients are fairly loyal and they're all happy, so I gotta hand it to him - he did something right. I told him I'm open minded to taking over the sports printing biz, but I'm not completely sold. I feel stupid walking away from such consistent work (The reconditioning business is upstairs.. he wants me to be his wholesaler for the shirt orders). If I can ditch the league and Rec People, I might cave in and do it, but I'd really like to make my own business work out. Time will tell.

Offline tonypep

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Re: Gripe of the Week
« Reply #19 on: August 05, 2011, 07:12:37 AM »
huh, I guess I am the only one here that actually spent some money upfront!
We did $6k to start, than added another $15k six months later and have put in another $50 over the last two years. With the auto payment it took about $100k to get where we are.

What did this buy us? Three years to repay the out of pocket investment and five years to pay of the auto. Two and a half years into it we are printing almost 200k impressions per year, have an award for the work we do and are growing at a stupid rate (up about 65% this year). We should pass a mil in sales within five years of starting the co.

Growth is growth no matter how much you start with. As BH told me once "It's not bragging if it's true" But then again he's from Texas so I won't pass judgement on that statement.

pierre

No one likes a bragger!  ;D

I still feel like I have to prove myself and waaay to often take things to seriously. So yes, you are right, but you know, the others are bragging with how little they spent!!!  ;D

pierre