May 3, 2007
Value and Values
I gotta say our company value is finally going up in the right direction. We aren’t that fluid this month and we have some outstanding bills with a couple vendors but things are still positive. Business was fine for just me at 4k a month. That’s all we were doing about 2 months ago. However, we are going to hit 12k this month and pay off all of our old bills, finally plus get ahead. I hired a programmer in India full time to augment our team as Derek has been getting overloaded and I am as well. We had some decent money come in last month but it was just barely enough for both of us to breath. Another thing is we didn’t get to pay off all our vendors which really upset me but sometimes that happens. As long as you give vendors some interest in appreciation for their patience you can usually not piss anybody off substantially.
Here’s the thing though. It’s against my personal values to wait to pay off an individual vendor in order to make sure everyone internal to the company is paid and the lights are on. However, I could not pay anyone if my lights and internet were not on and we didn’t have the resources to complete our work. So, I justify it in that way. But, I’m aware it’s justification and that is a temporary thing.
These things are passing though and the rough spot in absorbing 2 major contracts as well as 2 new employees of the corporation is finally balancing out to a level. I feel this month is going to be very balanced as Derek has refined his work process and I have stabilized our overdue projects. This month will be about raising our prices in accordance with our experience, finishing some work and paying off any company debts to vendors, finally. I’m sitting atop a company that was at first having some serious growing pains but is now beginning to flourish and by next month will have some savings to invest back in to the company.
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