Imagine this- you have unlimited funds for 24 hours.. what would you do in your business? Give me the pragmatic and the FANTASTIC!
Some ideas for our biz (we own a crystal shop) beyond paying off our line of credit and a HUGE inventory buy (remember that game show Supermarket Sweep.. I bet it would feel like that)...
I'd also make arrangements for us to attend the Gem Shows in France & Munich (I'd LOVE to check out the European shows but they just aren't practical).
If I had time- new laptops.... one of those polaroid aura photography setups (they're like 25k). And an old school Zoltar machine!
Someone asked "what's the catch"- No catch... no repayment - 24 hours only and for your business, not personal 🙂
With the 24 hours,
Might need to buy a new candle factory too.... maybe in a spot where tourists always go...... next to Disney world ... naaa too hot
ok now,
Probably if I actually did get a 24 hr spending spree unlimited,
ALways think big
this is way more thought out- I think you need to start playing lotto cause this money is well spent 🙂
Easy.....wipe out all of our debt, invest in some new equipment (including a snazzy truck to tow the now paid for trailer) and make my landlord a one time only cash offer on the building 😉 Oh! BIG bonuses to my staff and one helluva lunch on us!
it would feel so nice to off load debt- it's been a hell of a year
We had a new 18ft trailer built 3 years ago and I spent 2 years with the trailer driving the truck, We towed with a 1/2 ton Nissan Titan. Last year we ordered a 3/4 ton F-250 and it’s night and day. It doesn’t feel like the trailer is behind us now, driving has been much more enjoyable.
This is very good Intel, thanks! I like how you phrased it & will keep that in mind 🙂
@DinaLRosenberg Me and my team had way too much fun this afternoon with this one. WAYYYYY too much time wasted but I will call it bonding. Here we go:
This is the kind of hypothetical chaos that I love. We came up with 2 roads: Things that would make the business better & Go big or Go Home
Buy a Fully Integrated POS & AI-Driven Kitchen System
Franchise-Level Kitchen Revamp
Prepay Employee Salaries for a Year
Buy a "Break Glass in Case of Emergency" Backup Staff
Custom Food Truck for Expansion
The "You Got Sharoned" Employee Training Simulator
Psychic AI Kitchen Assistant
A Restaurant Empire Built Like a Mafia Organization
A Grand Employee Tournament (The “Culinary Coliseum”)
A Kitchen Cult Compound (But Fun!)
Before the 24 hours are up, stash some of the unlimited money in an offshore account. That way, when the funds disappear, I’ve still got a golden parachute for future Shenanigans™.
hahahaha this was so much fun to read!!!
If money was no object.
First we would go to China to tour the factories we are contracted with to see the full operation. They invite us all the time, but time is our enemy just not enough of it.
Second I would hire a photography and social media team. Again time is our enemy and some of our photos don’t look that great. Luckily this year we have got two of the factories we work with to use their photography team to take photos for us.
Third, get a warehouse.
I know independents here in the UK sometimes work with photography students looking for images for their portfolio. Not sure how it works your side of the pond but this might be a route to tapping in to some local creative skills.
I love the idea of going to China... I would love to go to the mines and see. how they pull crystals out of the ground!!!
I love watching Gold Miners. I think it would be fun to go to China also.
@DinaLRosenberg I would have to go for a Spider vertical circular tunnel. It's a vertical cooling tunnel for chocolate making, they just look so cool when making chocolate bars. I could sit back and switch it on with my big toe, not sure the hygiene inspector would appreciate that.
hahahaha!!
Are you guys getting swept up in the Dubai Chocolate Craze like we are in the States??
Yes. It’s crazy!!
Ooohhh... you got my mind spinning @DinaLRosenberg !!
Yeah the obvious would be to clear all the debt of course. Then make an offer for a cash purchase of the property where my business is at (15+ acres commercially zoned, rumor mill says asking price is $20M because real estate in Colorado is just STUPID right now).
On the actual business, I'd definitely finish the build out of my coffee bar, stock it with all the whiz-bang things that aren't practical at all but a blast to ooh and aah over, bring on a team of well trained, paid in advance people (I like that idea a lot @Donnie-M !), and prebook flights and accommodations to many of the coffee growing areas of the world to time with the harvest season. Add in a few donations to the nonprofits that are core components of our community, and I think I've done some significant damage to that unlimited budget.
What a fun distraction from my crazy day! Thanks! 🙂
WOW great idea!! I love the idea of prepaying the staff/employees too- so brilliant.
1. Pay off all debt.
2. Get all the mechanical issues fixed on the truck (it's a diesel, don't trade it in).
3. Buy the custom work box for the truck he's been wanting and get the vinyl graphics redone.
4. Get the carport built that we need for the work truck.
5. Get the shop redone and another structure built for the tractor and implements.
6. Buy a new box trailer for jobs.
7. Replace the welder.
This was a great question!! I wish that I had more creative ideas, but we're so limited with being a service company and no employees.
Pay off my business and grown into a secondary business.
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