Omega1234
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FriedClams reacted to a post in a topic:
Genesis by Omega1234 - 1/300 - 49m Mega Yacht - 8 inches long
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Hi John I take my hat off to you for surviving 16 years of running your own business! Small and lean seems to be the way to go, I guess (as you found by downsizing from 16 staff to three). Do you still own it after all these years? Cheers Patrick
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Hi CDW Thanks - you’re definitely right. My preference would be to stay small and have a larger profit share. I never really appreciated what what it meant to run a small business, until I bought my own. A very steep learning curve, that’s for sure. Cheers Patrick
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Thanks Denis! Actually...I’m pretty sure than this one will be my next challenge: https://www.yachtcharterfleet.com/luxury-charter-yacht-43054/okto-yacht-charter-printable.pdf. What do you think? Cheers Patrick -
Woohoo Julie! Good luck. We’re looking forward to the pictures. Cheers Patrick
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Many thanks, Grant You know, up until last night when I fell into the 'abyss', I had always blindly, in fact religiously, held the belief that being self-employed was the best thing for me. The lifestyle, the flexibility, the freedom, etc just couldn't be beat. However, as you've said, cash flow is king! And...I need to bear that in mind. I'm already starting to feel better now; especially with the wise words shared by all of you on MSW so far. It means a lot to me. Enjoy your weekend! Cheers Patrick
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Hi Carl Am I reading your story correctly? Did your Debt Collector take off with your money, as well as others? Oh my Lord. The nerve of some people. I can only hope that karma has caught up with him and given him his just deserts! Having said that, yes, you’re absolutely right, running your own business can be frustrating, but it’s a choice we’ve made, I guess. Thanks for sharing your experience. It helps me to put things back into a more positive perspective. Cheers Patrick
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Hi Julie Thanks for sharing your experience with me. I empathise with you in more ways than one; especially as I sometimes look back and wonder if I made the right decision to start my own business. One thing’s for sure though...Perseverance is a powerful quality to have as human beings, as is resilience. Without both, we could never grow and succeed. Thanks for your kind words. They mean a lot to me. I have read your many posts here on MSW and continue to be amazed at your skills, expertise and talents; especially as they have extended into kitchen renovations, cabinetry, model building, etc. You’ve certainly deserved and earnt the opportunity to go cruising on your own full-sized boat. Happy sailing! Cheers Patrick
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Thanks Lou. You're absolutely right. I was a senior manager in the Public Service and even in that position, there were people and times that tried my patience...and mental health! That was one of my main incentives for leaving and buying my own business. I know that this'll pass. But, until it does, I'll just need to 'ride out the storm'. Your words mean a lot to me. Thanks for your help and encouragement. Patrick
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Thanks Lou That's so true. I'm just feeling so depressed about things at the moment. I know that it'll pass and that I'll soon be able to put things in perspective later on. But it just kinda sucks, at the moment. Thanks Patrick
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HI all Just came to the realisation that owning and running my own business (after leaving a safe and secure public sector job that I'd been in for 32 years) isn't all 'peaches and cream'. The reality is that, on-paper, I'm earning a lot of money, but in reality, if people don't pay me what they owe me, then my slow cash-flow is a major problem. At the moment, I haven't been able to pay ourselves for a month, whilst I've put what existing funds I have in the working account to paying staff and my running costs. Ironically and sadly, my staff are earning far more than me. Sometimes, I just wonder if it's all worth it. Pretty 'down in the dumps' at the moment. Sorry for writing this post, but I just need to vent at the moment. Patrick
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Hi folks My wife and I have just returned from 10 days in Vietnam. What an amazing country (with all respect paid to the many Vietnam Vets here on MSW). As the internet access was at best, patchy, my apologies for not following everyone’s logs. I’ll catch up over the next week or so. All the best! Cheers. Patrick
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Thanks Gary Much appreciated! Cheers Patrick
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Hi Lawrence Thanjs for the compliments, which are greatly appreciated. I’m glad that my photos have been able to help you, but the ladders are just as they were positioned in the Anatomy of the Ship book, (which I slavishly followed, whether rightly or wrongly). Nonetheless, you’re doing a great job on your Oliver Cromwell. Pls keep the updates flowing. Thanks patrick
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Many thanks, Sea Hoss. Greatly appreciated. Cheers. Patrick
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steam engine 4.jpg
Omega1234 commented on steamschooner's gallery image in Gallery of COMPLETED Scratch-built models
Just amazing, Steve, that’s all I can say!
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