A successful entrepreneur shares her thoughts on business success and failure.

The rush to the finish line is ON!


Gotta love the end of the month. ๐Ÿ™‚ 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. ๐Ÿ˜‰

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. ๐Ÿ™‚ 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. ๐Ÿ˜‰



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