Gotta love the end of the month.
The end of the month is when we do an all-out rush to meet our revenue targets. We’ll definitely make our target for this month, but to be profitable, we need to make a bit over that. To clear all the hurdles before midnight June 30, we’re going to need a lot of customers to pay. I think we’ll make it, but I’m going to have to make a lot of phone calls between now and then.
Since my personal financial situation was bothering me, and since Simpli should free up some cash in the next month or two due to several cost-cutting measures (none of which will adversely affect our customers), I decided to give myself a raise starting 8/1. This will make Simpli less of a burden and more of a fun job.
Besides, as someone pointed out at the lunch meeting I went to yesterday, all my debt should be encapsulated at Simpli, so in case the company fails, I don’t have a lot of personal debt that I need to pay off as well. That’s a valid point; although I don’t see Simpli failing, I still shouldn’t strap myself into a lot of credit card debt, and the salary raise will help me pay off my personal credit card debt more quickly. With that and a new roommate, I should have ALL my credit card debt, including the stuff at very low interest rates, paid off before the end of the year. Then I can start accumulating money on the upside. That’d be nice.








4 Comments
Topics: Business, Me