The $150k chart is a sum of twelve or thirteen years. ?ÿWe were just enjoying the creative options in Excel and hoping to identify some trends.
My wife just said, ??quit chasing your tail asking these cash flow questions every day and just keep your head down and keep working.?
Ah ha - I think you just discovered the money leak.
?ÿ
What a great thread. Holycow the farming thing hits home for sure. ?ÿI am always juggling seed fertilizer cost etc.?ÿ
on the production side. I hate to say this from you love not having a time card. But time is money. He just retired and I did not know him very long just helped him part time for a few months to help him get some jobs completed. He said if i would come on full-time he would not retire but it was. 75 mile hump to his house. ?ÿI asked him what made him successful. In a short time of me working with him and his crew he trusted me to show me the books one morning. ?ÿHe told me he became successful after he realized he could only do so much solo. There was only so many hours in the day. So he hired a crew a 2 man crew. Spent the first 3 months or so in the field like always getting them going like he would do so teaching them plus he did the drafting taking phone calls etc etc. in 6 months he had them the crews making him money and he was getting projects out the door quicker and cash flow became fluid. He then put on a cad guy and one who could go to the field etc. hired a young lady and she did all the billing and deed research etc along with his wife. Now he told me if i go solo do the same thing i have done with my farm business. ?ÿPay cash for equipment trucks etc. have several months ahead set to the side to meet payroll. It took him a while to get there but thats how he did it. He had to borrow some early on but he paid himself instead of the bank.?ÿ
I bet if you grabbed one of those old time stop watches and hung it around your neck. Or you can pull your phone bill. Add up the amount of time you are on the phone start there . Every time a customer calls or potential customer thats 15 to 30 minutes you are not being productive. It??s not a bad thing it??s reality. I know once I was on the phone more than working and it was mostly my boss. I sent him how many hours i was literally on phone. He was like no way. I sent him the log from my excel spreadsheet. Then he said i am killing you. I said yes sir. This was years ago.?ÿ
3 days ago the kids were watching home alone for the one millionth time since thanksgiving. ?ÿI went in and sat down on my own and ran some process that i do daily. It is simple work and each task takes less than 20 minutes. I can do most task 4 different ways. I grabbed my smartphone and the timer. ?ÿTook some data and started timing myself over and over . Even counting the mouse clicks and commands. ?ÿI was able to figure out on 4 task how to eliminate 10% of my time by just using the same tool. On each task. ?ÿIts the little things that add up. ?ÿYou can do the little stop watch thing sitting at your desk drafting or whatever. It truly doesn??t take the fun out if you pick a item here and there to fine tune.?ÿ
Sent to my vCFO:
You are really getting a lot of work done for me.
I see you.
I appreciate you.
~
I wish I were getting as much work done for myself. At least I am very aware now, nearly every hour of every day, that I need to be doing something more productive toward invoices that will total ~$6k per week.
Being aware and actually being productive are two different things. Life continues with important daily activities that are not productive toward an invoice, nearly every hour of every day.
So it is a little stressful and exhausting , not to mention that I am setting an alarm to wake up two hours earlier every day now to try to find/squeeze out some productive hours each day.
Any way. Thanks for listening. Thanks for being on my team! I am going to copy and paste this text to some of my other teammates.
Any way, I also appreciate each one of you as well!
Love, Brad
I still need to draft the plat and invoice for a lot survey I completed December 29, 2021.?ÿ Yup, 2021, not 2022.
