Posted by Dirk Roach on April 06, 1999 at 09:36:39:
I was reading your post and it reminded me of when I was a boy. Way back then my father started a business in buying and selling used industrial equipment. Anyhow it was during the midst of the recession of the ealry eighties, so as you can imagine sales were hard (esp. in the automotive manufacturing biz which is where 99% of his target market lay).
In order to focus on his new biz, he left an executive position which a major company. A lot of friends and family where shocked and suprised and thought that he was nuts.
But I also remember that that he must have been doing something right, as we (his family) really had anything we wanted and none of us were hungry.
He used to close a deal and would come home in the evening for supper and place the check on the centerpeice of the dinning table for all to see.
I suppose in retospect one would think that this was some macho type of behaviour and that he was showing off to his family. But I don’t think so. I think he was merely putting things in perspective. The profits and his family in the same place. Although when asked about his biz, invaribly, my eyes would glaze over with the details of metal tolerences and stress points and how such and such machine would compentsate etc (he was schooled as an engineer), he never got into the nitty gritty of how company A backed out at the last minute, or the finaceing pulled out, or any of the mariad of other “things” with can make any business so much fun.
But you know I’m sure that my mom knew about all of that. Although she never said anything either. The only thing that us kids knew is that dear old dad brought home the bacon, and we were going to get that Satalight dish (the real big one back then) or whatever.
The funny thing is, today, when I pull a deal through, I myself have a tradition which I have started with my family (I have no children yet), but there is always a night out on the town involved.
Anyhow the point of all of this is that. When you bring a check home, lay it out on the table or go out and enjoy a nice dinner with your Spouse or SO. Or do something nice for the family, just don’t go crazy, because your going to want to reinvest as much of your profits back into your business as you can. You not only will get them behind you, but it will motivate and remind you just why you are doing what your doing espically when things get to be a pain.