01-17-2007, 06:42 AM
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Rocket buildin' machine
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Join Date: Jan 2007
Location: Cincinnati OH
Posts: 543
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Quote:
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Originally Posted by Carl@Semroc
A lawyer that I respect much more now once told me to never "go public" unless you want to give up your dream and go to work for someone else. I did not listen to him the first time.
Very seriously now, I don't want to give up this dream a second time. It would be nice to be able to expand, hire people, and get more equipment, but we just have to do it at the pace our sales allow. And we don't want to grow too fast. Sheryl told me earlier today that she hoped we never got too big that we could not treat each customer as an individual. She also wanted us to be known in the future as the best model rocket company ever. She did not mention that she wanted to be the richest model rocket company.
So I guess we have swapped 200 stockholders to try to appease for about 800 customers that we want to please. As they say in the ad, "All the difference in the world."
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Normally I'd think it would be a heck of a lot easier keeping 200 investors happy than 1 wife, but it sounds like in Sheryl's case you caught a big break.
Incorpration aside, I hope that if you ever see a financial crunch coming that threatens to take you out again, or feel too weary to maintain your standards and too poor to hire someone to help, that you at least consider accepting non-stock loans. you seem to have strong supporters lurking in here.
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