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Chewbacca

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Posts posted by Chewbacca

  1. 39 minutes ago, Bozo_Casanova said:

    Agreed. I'm kind of on the line here. To me the 36mm datejust is close to perfection and the 41 is just gaudy on most people, but again, old. 

    My DJ41 fits me perfectly.  I think the 36mm is an old person's watch.

  2. 7 minutes ago, burntorangebongos said:

    It tastes like flavored seltzer water so it is not sweet,  but one single 10 to 12 oz can has 99 calories so it has to have a lot of sugar. I was shocked when I saw the amount of calories, frankly.

    Alcohol is probably 70 of those calories.  Only 2g of sugar.

  3. On 8/19/2019 at 10:39 AM, oSuJeff97 said:

    Tom continues to be the most fascinating character on the show to me.  

    His total personality swings based on who he's in the room with is almost sociopath level stuff.

    He wants to fit in so bad with the family and half the time it seems that Shiv can't even stand him.  And lol at the 'fuck the occasional peasant' line.  You're one of the peasants, Tom.  

    • Like 1
  4. 3 hours ago, Brew said:

    Correct answer is to partner with a contractor on a storage place where you can build it for near cost. You provide the rental labor, get it in the low 90’s in occupancy, flip it to a large storage company, profit, rinse/repeat.

    Storage isn't a bad idea, but you're a real estate developer at that point and you better understand the ins and outs of that business before you jump into it.  Lots of upside, but also a ton of risk (and again, the personal guarantees cannot be avoided).

  5. 15 hours ago, Dbeasy said:

     

    Well, I’ve started and run multiple companies over the years, so your take might be a little off. With the venture he is describing, there are ways to limit his personal risk. I’ve done it multiple times successfully.

     

    Edit: one more comment. When you look at the capital investment required for this business, along with the working capital requirements, and the fact that the land is a collateral asset, with a few partners you can limit the financial risk to a very manageable level. Now, for larger businesses with deeper capital commitments and greater uncertainty about the time to prove the concept, you can get yourself into trouble pretty quick. And of course the OP has to have some money available that he can afford to lose, or else he will have potentially only a small piece of the venture’s equity.

    If you limit the risk by bringing in partners (and investing little cash), you're also limiting your upside.  Gotta decide if that's worth it or not.

     

    But any bank loan on a startup is going to require personal guarantees.  There's no way around that.

  6. 58 minutes ago, JSB said:

    OK, I thought this might be a good idea, but evidently not. I like the storage facility idea, but there are already a ton in the area. I'm talking with a Company that does bowling/mini golf/go carts for a franchise opportunity, that may be a better option. The need I want to fill though is family entertainment. Again, the closest thing other than a movie theater and a park is a good 30 minutes away. I've still got to figure out financing though. I've talked with a number of banks, and none of them loan anything greater than $500K for businesses that have not been operating for 24 months. 

    Depends on what they're loaning it for, or if there is real estate included.  They'll do one loan for the land (with a substantial down payment) and a second LOC for operating cash flow, I would think.  The operating LOC will be smaller than you want, most likely, for the first year or two.  Make sure you have the ability to borrow from other sources if needed.  You'll have to negotiate that in since most banks want all the collateral they can get for the lowest loan amount.

  7. 25 minutes ago, Dbeasy said:

    A few comments:

    The miniature golf courses have gone away as a result of a combination of high land taxes and declining customer interest.

    With that said, there might be a model that is slightly different than a standard mini golf course that could be successful. See TopGolf as an example of tweaking the model.

    If you find partners to share the financial risk, you won’t lose that much in the deal if it doesn’t work.

    Your CPA background is fantastic for managing the business financially. Make sure someone, your or others, can drive customer demand and the product concept.

    Do it. Why not? If it doesn’t work, go back to work.

    This sounds like it was written by someone who doesn't understand personal loan guarantees.  If it doesn't work, he'll lose everything he puts into it and if he takes out debt, the bank will require a personal guaranty from all partners.  

  8. 10 minutes ago, TwiceHorn said:

    As a general proposition, you can't offer voluntary intoxication as a mitigation of the mental state of a crime.

    In this case, it might be offered by the prosecution to show that her actions were unreasonable.

    None of these things that we've discussed is going to be decisive, I don't believe.  They are just data points for the jury to assess.

    How she got in the apartment is a biggie.  Was she banging on the door, as was reported early in this process, or was the door propped open?  Little chance she walks if it's the former, high likelihood she walks if it's the latter, IMO.

  9. 1 minute ago, Brisketexan said:

    If she was drunk, it was only because she was forced to self-medicate to chase away the horrible demons that afflict true heroes, who walk our streets among the monsters, sacrificing their own well-being -- and even their lives -- for our protection.  She wasn't "drunk."  She was trying to survive the hell she goes through, FOR US.  FOR OUR CHILDREN.

    While I agree with the sentiment, i'm asking how it might affect her defense.  I think this case rests on 2 things:  1.  How did she get in to the apartment and 2.  Was she sober?

  10. Are you crazy?  Nope.  I was in your shoes several years ago and I now own a business with a couple partners.

     

    Would you be crazy to sink your life savings into something that you have no experience with?  Yes.

     

    You need to network.  Find people who know the business.  Maybe take on a partner (but under no circumstances do you give away control).  Get a real proforma together.  Run it by the folks you meet who know the business.  Be prepared to not take a salary for the first year (or more) because everything happens slower than you think it should, including construction.  

  11. I'm a big fan of Winter Park.  Has a great ski mountain and lots to do for those who do not ski.  Vibe in town is much more laid back than Breck and Vail, which I prefer, but not everyone does.  Some want the fancier places to eat and better shopping.

  12. On 8/17/2019 at 12:42 PM, Brew said:

    We looked at the Navigator and I couldn’t justify the price premium. The one we looked at had captains chairs with a center console in the 2nd row which was a complete nonstarter. It made the back access difficult.

    Man, we are the exact opposite.  I would not buy a big SUV without captain's chairs (center console optional).  Gets rid of all the 'stop touching me' bullshit with kids.  We only have 2 kids, though.  I would probably feel differently if we had more.

    • Like 1
  13. 49 minutes ago, RPM said:

    McDonough is excellent, but Cole Hauser is clearly working on a different level. Rip is the most interesting character on the show.

    Your other comment isn't wrong. Need some native tites, too.

    Rip is by far the best character on the show.  Kayce is becoming more nuanced as well, moving away from the stone cold killer he was last season.  Still can't fucking stand his brother, though.  

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