Thursday, July 28, 2005

Open my own store?

Always tossed around the idea of opening my own rock climbing store. As many of you know, I'm a passionate rock climber, and know the equipment in the industry better than any bozo you'll find working at those stores.

Couple issues come up, but I think I'm going to figure it out soon.

The first, getting some capital in place. I'll need to rent or buy some property to have the store. Not to mention the overhead (rock climbing wall, employees, etc.), and products I need to keep in stock. My credit is pretty clean, so I don't think I will have too much of a trouble getting a small business loan to start this company.

The second is location, which may be tougher being in Chicago. Doesn't seem to be a huge contingent of outdoor people (which is odd considering the weather). With that said, I may look into keeping this store online. Would be much cheaper to start up, and I could work in my pajamas, which is always a plus. I could always hire a call center outsourcing service to take my calls when I'm not around.

The last problem would be how to get payments. I think I found a couple good credit card processing companies online that could fill the needs. They have competitive rates, good reputations, and provide the service I'll need.

Stay tuned, I'll keep you posted on the progress.

Wednesday, July 27, 2005

World Series of Poker - I'm Addicted

Once again this years World Series of Poker in Las Vegas turned out to be an almost unbelievable time. How can you go wrong with booze, women, and gambling. Joseph Hachem defeated 5618 players, including the second place finisher Steve Dannenmann, to win the main event at the 2005 World Series of Poker. His victory earned him a record breaking $7.5 million dollars and also cast him forever into the poker limelight. You definately have to give some props to the man who says he is going to travel the world and play poker for a living now. If anything, I am now inspired to chase my true calling and play poker. With my new poker shirts and attitude towards poker I plan on taking part in the 2006 event. So look for me. I will be staying at the RIO Hotel and Casino where they host the poker tournament. S0 look out Phil, Johnny, and Joe... I'm coming to take your money and next year's bracelet for the world series.

Friday, July 22, 2005

Hiring a Nanny or Not?

It's a pretty difficult decision many of us face when we have our first kid. Do you go out and hire a nanny to handle the daily duties, or have you or your wife stay home.
Personally, I've always been for having family take care of my kid.

However, for a first born, I think an experienced nanny can do wonders. Although we try to tell ourselves that it is a learning experience, a nanny who has dealt with young kids for years can't be beat. They've seen it all, and can offer some invaluable advice you couldn't pick up in any book.

So if you are looking for nanny services for your child, the best bet is to look online, and research very closely. Plenty of great resources to use. There are even some organizations made specifically for nannies that have guidelines that must be met.

Luckily for me I've had no problem finding a nanny in Houston where I've been searching for sometime. I just home my brother who is desparately searching doesn't run into the same problem out in Boston finding a nanny.

Monday, July 04, 2005

Congrats in Order

Saturday I had lunch with a good friend at Applebees. He informed me of a new business he has been pursuing on the side outside of his day job. I guess he had been doing things without a business in place for awhile and finally needed to set one up for tax purposes. Now he can write off computers, rent, and other business expenses he might incur.

I figured this news was worthy of a congratulations. It's not everyday that you go out and do something like that. Knowing his previous side ventures on the Internet, he will do very well in this one. He has gained a lot of experience since his college days. It is weird to think that we are all growing up and becoming business people.