Sunday, September 16, 2012

Business O!

I was in shock to go to my blogger page and see when it was last updated. The truth is who did I expect to update it? My life seems to be at a very one rack stage, I wonder more and more if I am really doing the right thing. Surely there must be more to life than it currently presents. I am a believer to a large extent that your life is what you make it. Hence apart from God, you are next it what dictates your life. Some people would argue that one even has more control of life happenings. What I don't want in my life is any regrets. I try not to have any in life but I really want to feel that I did make the best of it. This year business grew in terms of the kind of projects we would typically handle. So we hired a project team and tried our best to deliver despite the constraints involved. it took the first half of the year. I never remembered working so hard. Every time I think i have clocked it until something harder comes my way. So we made some money but it took almost 7 months in the year. It as also a government contract so you guessed that they are still owing us half of the payment due so it terms of profit I cannot say that it was profitable but yes we grew, I grew. I am usually very frugal with money so I live a considerable modest life. I try my best not to be wasteful or spend money on what I consider as frivolities. One of the major investment we had to make this year was renting an office space. This became necessary for the project team we had to accommodate at the beginning of the year. In July we moved to an even bigger space with a training room to accommodate our training programmes. My thinking was that it wold save us a lot of money renting training venues and also allow us run more training programmes since we did not have to worry about overheads in the sense that the rent had already been paid meaning that break even point for each programme was technically reduced. It also allowed us rent out the training and conference room to other organisations. A lot of money went into renting and furnishing the place but I believe it was time to scale. I am not a pessimist but a realist, I know a lot of effort has been put into this but I am hopeful or bigger and better things to come. Honestly, running a business is very tasking mentally and emotionally. Some days I wish I could google the problem and a solution will appear immediately. so much to do and yet I am only one person so I can only do so much. I know I need help but getting the right people for a start up is ten times harder because you actually need experienced people but can afford to pay peanuts so the probability of getting monkeys re very high and i have hired my fair share of them. I am trying to hire 2 people to add to the other 2 because the other 2 are unskilled, one is the office assistant and the other has been with with us for over year but has not been but shows high levels of being distracted with poor planning and organisation skills. I had to disengage the most senior because I could not see the value she was adding to the business. For a small business everyone is so critical, the business could die from a little slack or costly mistakes. I need help, I know I do I just pray tat God will continue to guide me as always. so much to say so little time...