business

The Deal

The deal is dead so I guess I can write about it. The deal I wanted to wrap up in 2020 with a pretty bow is in the toilet. Gone just like that.

Instead of celebrating the new deal in my portfolio, I am reviewing how it got squashed. It wasn’t just squashed once. It was squashed many times. Why? No lenders want to take a risk in this particular industry thanks to COVID.

Despite a rocking year of financials and long standing history, the market is considered volatile. This is crazy to me because the housing market is booming. Lenders will lend people money for a $400,000.00 home but they can lose their job just like that. As an entrepreneur you need to make things work, not just collect a paycheck.

For this deal I was willing to bet my blood, sweat and tears on an opportunity that is solid and immediately generating revenue but that’s too risky for the stuffy bankers in their suits and ties. 

This is just an example of what’s wrong with today. It’s okay for me. I have other irons in the fire so I’m going to keep on fighting and maybe revisit that opportunity later. Maybe later I won’t want the deal because I wanted it when others saw the odds were down. I like the underdog shots. The come-from-nowhere wins. The opportunities others will toss to the side because it takes grit to get the outcome desired.

For now I’ll watch. I’ll listen. I’ll soak in the experience. I mean I do say you have get some nos before you get the yes. I also believe in karma, timing and gut feelings.

In my gut I know when the time is right for me, the deal of a lifetime will pass by and I’ll be ready to sink my teeth in. For now I’ll wait. I’ll watch. I’ll learn. I’ll keep putting those coins in the piggy bank so I’m ready when opportunity comes knocking.

Can you say Corona has put up a wall for you in 2020? How did you handle your challenge(s)? What, if anything, are you doing now to be ready for traversing the wall. Hopefully your wall is just temporary like mine.

A new day. A new opportunity to get better. Moving on to greener pastures. A little farewell to bankers. I’ll don’t like government loans anyway. I’d rather start with a $20 bill and see how much I grow it.

Starting something from nothing is far more gratifying but not for the weak. Maybe you now know something about me. I will always be chasing the next version of me.

business

The Bottom of the Report Card

In elementary school, I was obsessed with my grades. Reading, Math, Science, Social Studies, Spelling, Writing, all of the main subjects. I was an “All A” girl from an early age, nearly consumed by keeping my GPA a 4.0. Tests, quizzes, projects, all of it was about chasing the A.

The other day, I was having a conversation with a business owner about his employees. He’s been struggling to find decent workers. As he describes it, his employees, all adults, regularly show up late or don’t show up, don’t follow instructions, are questionable with honesty, stir up petty drama within the staff, spread crappy attitudes, and waste resources. As an employer, it is frustrating to say the least. He spends more time dealing with employee problems than doing the the actual work that generates revenue.

This got me thinking about my report card growing up. I spent so much time on the top part, where they listed my grades in all those core subjects. But what about the bottom part? The “conduct grades?”

This section had things like:

-Uses time wisely

-Uses resources wisely

-Follows directions

-Works well with others

-Neatness

-Punctuality

-Thinks creatively

-Accepts feedback

-Keeps a positive attitude

-Shows initiative

It was a grid, graded on an E / S / N / U scale. I’ll admit, most of the time I ignored it. I would just glide my eyes over the letters. Mostly S, with a few S+ and some Es. But in the end, it didn’t affect my GPA, so I didn’t really think much of it.

In light of the business owner’s comments, I wonder which part of the report card can really tell us who will be success in different areas of life…the workplace, the community, life in general? Are my grades in math and science more important than the way I use my time? What parts of elementary school should be the focus of creating a productive, contributing adult?

As an elementary school teacher, I wonder where I should focus my energy, especially in these pandemic days. What matters in the long run? Just something to ponder.

perspective

One More Take Away

Sad Sally is here with a news flash! I finally got to go to one of my favorite nail salons. One I haven’t been able to go to since the corona shutdown.
 
First rules then limited hours prohibited my patronage. Now they are open and I was able to fit their hours into my schedule….I was excited go In for my regular service.
 
Then I got inside and it wasn’t the same. Only half the staff was there which made me sad as I talked to the owner. She had to make cuts to survive. Then the plexiglass dividers separate the little communication you have due to language barriers with the workers. I used to share smiles and giggles but now that seems weird. The little ways we show appreciation that are non- verbal are again sadly noted as missed opportunities. How can I now bridge the communication gap and connect despite the challenges? Just makes me sad overall and I feel like a sour grape when I should few like a happy camper at nail salon having a sweet treat!
 
As I sit silently drifting off into the space between sleepland and daydreaming, I reminisce and think it was just a few years ago that I started getting getting pedicures. I held out for such a long time. Now I know what a special experience it is and at least for the moment some of the best parts are gone. 
 
Of course I’m happy to help support a small business in the chaotic time but no extra massage today due to the closeness/touch factor between employee and client. Another let down for me. This is just shining example of the change that is upon us. 
 
Costs have increased for this owner although their revenue has dropped drastically. Empty seats. Lights left off. Still have to air condition the place. Pay for music, supplies, insurance, the latest nail shades. Not to mention rent. Fixed costs in a broken system. How much longer until service-oriented business who fight for discretionary spend fail?
 
What about the other half of her employees? Their families? How are they surviving? 
 
Will things ever go back to the way they were? 
 
 
business

Just 10 Bucks

The other day I read a rant on social media that annoyed me. It insulted many people, myself included, who purchase frou frou drinks at a premium price.

The funny part of the post was it was from a local small business owner who compared the frivolous spending to frequenting his/her upscale business, noting it was a poor choice. I had to giggle and say hmm.

For me, I frequent the poster’s” small business and I frequent the frou frou drink small business. To me it’s the same. Where I choose to spend my discretionary dollars. My dollars my choice.

I may choose to spend on frou frou drinks while other choose cigarettes. Is there a difference? Not in my eyes. Discretionary spends are at the sole discretion of the party with the money! It’s that simple. Clearly I’m not the only one who likes specialty drinks. The pic below is a throwback to a girls day out with a pit stop at the nutrition store. I’m sure there are worse things one could do, right? Needless to say the messages on the cup are inspiring, thought provoking and even applicable in this post.

Now the flip side on this is negative publicity. As a small business owner in today’s environment one would think to support another business vs throw another under the bus especially if it’s the type of business that relies on discretionary spends. It may seem obvious to me but it’s not obvious to everyone and why I chose to write about this.

We all have a chance to impact communities in one way or another. We can all donate to a local food bank to help those in need. We can all support a small business with a community store front. We can buy a fundraiser ticket from a local athlete. We can all choose not to litter when driving down the road. All of these simple gestures improve communities.

Why not be kind? Why not help others? If you are miserable don’t be a negative Nelly online. It doesn’t make you look good and could in fact hurt another local business or yours. It’s a no-win situation. Add in the fact that most community business owners live in their community and raise their family there. That means negative vibes reach them one way or another.

Kindness matters today. My post today is meant to enlighten anyone reading this who may not think about how their negative rants about a business in their community could have impacts. Far reaching impacts that could lead to devastating outcomes.

Support local. Buy local. If you are tight on budget dollars, like a social media post from your favorite restaurant. Write a testimonial on your local insurance agent. Share a post from your friend who is selling something online. It all helps. And I bet if you own a business you would hope your community would support you in the same way.

Today most adults are online. Maybe even 70% or more of their waking hours. There is a very high probability that they will receive an email, text, instant message, tweet, snapchat or other form of digital communication outing a negative Nelly. Don’t be the negative Nelly. People won’t want to be around you let alone support you down the road. If you didn’t know that, I just told you!

This story is titled just ten bucks. No business names are mentioned as I don’t want to throw shade in any direction. I just want to write about a topic that may strike a chord with somebody reading this blog. During this writing process I wanted to think about what I could get for ten bucks. Ten discretionary dollars. I made my list. I get to choose. My choice. My money. My waste. My reward. My happy.

When I went back and looked at all the things I could spend ten bucks on? My frou frou drinks all made the cut. So did a milkshake, a Starbucks drink and dessert, a single meal prep from a local vendor, an ice cream, and so on.

However, the one thing that didn’t make my list was the $15 overpriced discretionary spend from the person’s business who provided me inspiration for this post. So when I reflect and look for waste in my budget and pleasure received for my splurges, I’d have to say I would cut that service provider if the need arose. They priced themselves too high for today’s market and they bitched about it publicly. When push comes to shove I’d choose to shove them off my budget. Thankfully that is not the case today but one day I may need to make a choice.

Just ten bucks. It’s my threshold. I bet they didn’t even think of their price structure when they made a big long rant. But that rant made me review my spend at their location. Wow that is full circle negative karma if you ask me.

Just ten bucks. Make your list. It’s a challenge. What will you cut?

perspective

Floating

Today I am floating. Drifting off in my mind. Thinking. Wondering. Being overly curious. Where did my mind go?

Many places were visited whiled I drifted but somehow I circled back to what was missing. Things or situations I’m missing because of the pandemic.

I miss the care free days of no masks. I miss the smiles you share with a passer by when walking at the park. I miss the handshakes with a colleague at the business meeting. I miss hugs. Human contact in general. Just so many things or situations I miss.

Then I think about a different kind of loss. How many people that have been lost for whatever reason during the pandemic. So many I know that had been put to rest without a proper farewell. Is it a coincidence that the death toll is high even if not pandemic related causes of death? Maybe those just gave up because they missed things like me. We will never know but I do drift to the place where I think about it.

So many things or situations seem unfair right now in life. Many changes that seemed temporary or are they permanent? All these changes have consequences. Now businesses are starting to crumble. Even if you have money to spend sometimes it’s hard to spend it with limited working hours, restrictions and lack of availability.

I needed to buy a couch. No stock. Not even the floor model was available. The store was down to bare minimums because the supply chain has been interrupted. I had money to spend. The salesman wanted his commission. No deal could be made. That is hard on any business.

You want to get your nails done. A local shop used to be open 7 days. Now it’s 3 days and appointments required. No fun break at the movies. No adventure day window shopping at the mall. I can’t, I won’t, I shouldn’t, and so on. All scenarios that I don’t like to comprehend.

I’ve filled my time with other things but I do still miss what I had access to pre-corona. As I drift, I think will hope be restored in our world? Will there be a new normal or something that closely resembles the old day-to-day.

I miss laughter. I miss touch. I miss many things and situations. I have these feelings and I know many others have similar or different feelings about the subject. I’m writing about it. Others may vent in other ways. Some may give up.

Be aware of friends, family and coworkers who may be struggling. It may be anxiety, financial stress, emotional burdens from previous scars of life and so on. Keep your antenna up and offer hope when you can.

May tomorrow the best day you can imagine. Drift, dream, float in your mind to escape the troubles of the day in some way. It’s a way to cope with change. Keeping in mind I love change personally but I don’t love my world to change without my input. I don’t want the unsteady ground. I want the sturdy ground.

Maybe my altered reality in my mind is where I find peace while we are living a pandemic life in the current. Drift away your way. I know I do.