Thursday, March 30, 2006

Panic time!

I'm an entrepreneur. I started a company in 1996. Sold it in 2000. Started another one in 2003. We're three years in, and we just completed the billing for the first quarter of 2006. It's our best quarter ever. In fact, March was the best month we've ever had.

So I'm absolutely convinced we're going to close. Bankrupt. Soon. Sorry, kids... no college for you.

There are valid reasons for a different kind of concern.. April is looking like its going to slow down quite a bit. We've got to work hard to replace the one-time spikes that made March so tremendous. We've got to build our core business to stabilze our revenue. But this is a rational concern, not the "We're gonna die!" panic that I've been experiencing.

And I'm taking steps to remedy these concerns. I'm hiring my first-ever salesperson. I'm going to have her focus exclusively on expanding our current-client depth, and our base in general. I think she's exactly the kind of person who can do this sort of thing while maintaining our unusual kind of branding and personality. I'm really excited. I think she could help take my little company from where it is to where it needs to be.

So, in the face of abject panic I’m taking rational steps to do the right thing. Now, if only I could stop freaking out.

Love to all. Even you, the dude who stood with his bag blocking the elevator door.

7 comments:

MJ Tam said...

After reading your posting, I too am panicking now. Like you, I also own my own small company, and the boat rocking feel inside my stomach has not stopped from the the time this company has started. Thanks for getting me all freaked out even more so. hehe

I will be visiting your site often.

EKENYERENGOZI Michael Chima said...

Even Bill Gates has gone through this before.

The rich also panick and they will go on to become richer.

Zube said...

I'm sure it will happen for you! Sure of it.

Not that that means much unless I'm some sort of psychic prophet, but, you never know, eh? :-)

slyght said...

am i missing it? what does your company do? have you mentioned it before. good luck and stress leads to illness, and that only leads to more stress, so be stress free

Rich | Championable said...

sugarmama - apologies! ag!

zube - it means something, trust me.

slyght - ah, but if I said what I did, my secret identity would be hosed?

:-)

shqipo said...

So...what's the panic for? Are you panicking cause you're growing so fast? I'm not sure I grasp it :S

Rich | Championable said...

I panic when things are good. I panic when things are possibly in decline. I just panic.

Crazy? Yes.