One of my companies isn’t doing so well. Cash flow is down. Moral is low. Several have quit. I have let the CEO go last week and I took over the company. Mea culpa for letting it get this far – I should have seen all the signs – yet I didn’t and now I am no longer ‘retired’ but back in the fray. At 70 I wonder my stamina for it but my choice is either take the company over and try to bring it back to snuff or pull the company down and lose a lot of investment money: almost a million.This venture was a retirement choice: start up a company in a field I enjoy (boats) and let others run it. I would have fun being a part of it but now the fun is lesser and I am forced back in the saddle again as an operations manager.I don’t know whether I should ask you pray for me or you should giggle as you sleep in knowing I have to be up bright and early opening up the store, turning on the ‘open’ sign, and making coffee for the troops.Retirement? Feh!MichaelR
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst