Thursday, January 14, 2010

I forgot what this felt like...

For a minute, I forgot what it felt like to be on top of the world. What it felt like to be doing good and well at the same time. Then we came to January 14th, 2010.

Today was the beginning of great things. Finally, the business I had been pouring my life blood into for four years now returned to me a profit!

I would like to say thank you to those people who stood by me and supported me. To those who invested their time and money based upon my vision of how we could change the way people manage their career. My team's vision of how we could make software that would enable people to get back to work faster.

I would also like to thank my partners and team members, each and every one that helped build climber.com along the way.

Expect more great things!

Cheers,
Mike

Tuesday, January 12, 2010

Blue Sky Line Item

Sometimes strange things stick with you.

I was considering investing in a business a few years ago. I was looking at their forecasts and came across a strange line that appeared in the company's cash flow predictions.

"Unknown Business Relationships"

I did not make an investment in this business but that line item still resonates with me today. I asked the CEO about it when we were talking. I intuited what he meant, but, I wanted to make sure that I was correct.

"It is an attempt to quantify business deals that do not exist today."

I got it and it made perfect sense. Being a start-up he would not know what deals he would make in the next three years, but he would certainly would based upon the fact he has done some the last six months.

Every time I look at my own financial I mentally bake in this blue sky. Being in business longer means more opportunity and more opportunity is definitely a lever of success.

Cheers,
Mike