so what were YOU doing at quarter to 1am last night?

[Scott Shepherd]

The bonus advantage is having a turnkey business, with value beyond the sum of its parts, that can be sold down the road.

I was at bar with some friends in business, two sisters that have a business that they have owned for 30 years, and a guy who was a business advisor. He asked them "So what's the plan when you retire, what will you do with the business" and they said "Lock the doors, walk away, and enjoy life". He was stunned. He explained that their business had great value, and that they had spent 30 years building this business and couldn't understand how they'd just close it and lose revenue. He worked with them to setup the business so that it was attractive to a buyer, so when they walked out, they could lock the door, but they'd have a big fat check in their hands too. They haven't retired yet, but they are close. Great point, I thought.

[Matt McCoy]

I was at bar with some friends in business, two sisters that have a business that they have owned for 30 years, and a guy who was a business advisor. He asked them "So what's the plan when you retire, what will you do with the business" and they said "Lock the doors, walk away, and enjoy life". He was stunned. He explained that their business had great value, and that they had spent 30 years building this business and couldn't understand how they'd just close it and lose revenue. He worked with them to setup the business so that it was attractive to a buyer, so when they walked out, they could lock the door, but they'd have a big fat check in their hands too. They haven't retired yet, but they are close. Great point, I thought.

I think so too.

[Tim Bateson]

Let's see, the night/morning of the 26th... I stayed up and finished running a government job. At $500/hr, it was worth losing a bit of sleep. I'm happy with the paycheck, the customer is happy for the overnight turn-around.