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2022-08-06 - 7:55 a.m. It just occurred to me I actually completed the part time income section WRONG for VEC
BUT FACT When running a company you have to deduct the ACTUAL EXPENSES before you pay yourself. The labor is in fact one of the expenses, but you don't account for it until SPEND as a company for it. AND when start your own business you don't get PAID until profitable! I should have told my client I needed a higher rate of pay to support as a 1099. SIGH I can renegotiate that next year if they keep leveraging me if I need to. If I get other clients can let it be if I don't need more. BUT Basically the business expenses are outweighing any profit now so AS MOST SMALL BUSINESSESS The owner starts by MOONLIGHTING and WORKING FOR FREE It is the investment of their own FREE Labor UNTIL They turn a profit. So it is BS to record that payment from the company as my income yet. It is not. NOT REALLY As it is going back into the business account and I am not going to have that cash flow. NOT until I PAY MYSELF A disbursement. And it is no way to run a company by paying a disbursement to an investor before being profitable. I mean this is Business management 101 Other thought as I wake up is really looking foward to this week seeing what RFPs are out there for work my former co worker who is currently unemployed will rock! AND for me to. Maybe I can find a project we could work together on! We were a good team. What is intersting to me is I literally said- OUT LOUD to my coworkers years ago- To the guy I worked with who was so kind and professional and just DECENT and being literallly abused by a toxic boss "One day I am going to incorporate and get all set up so I can find you work and you won't have to commute five hours working for a toxic boss." I am thinking of the other fellow who said I would be CEO one day and he wanted to work for me.( I am not making this up. He resigned as he could not handle that in that job we had LITERALLY NOTHING TO DO for weeks. He got super nervous and then landed another job closer to his home after a month. It was so weird to me too at the time to enter this space with so many employees doing so little! HA HA I hate that companies don't value people enough to see if there is a role where they would be a good fit. That gal ran her own company as a dog groomer and was super creative making dog beds and at crafts. She made baskets and she took this desk job to earn money to try to land a brick and mortor store. Maybe it is a blessing the deal she was working on to lease fell through even though at the time she was disappointed! It was in the Anacostia DC neighborhood where she grew up. COViD likely would have made that even harder. She just was not into the work WE were doing but took the job to kick up her income to help her goals for her business. She obviously had ADHD and maybe a learning disability too. So school was HARD and WORK like we were doing was a challenge. So her only doing what the boss asked at first was a defense mechanism to protect sharing how hard it was. Once she was not afraid to be herself and share her limitations WE DID Work well together! HER WORK WAS SOLID! She may have had to work hard to get it done but she did it well. I got it.. once I got to know her. She loved telling those stories of her weekend escapades. I WISH I had kept in touch with her !! JUST Personally I did try at first but she didn't call back and at some point I lost her contact info. We did have a few chats at first I know it is the ADHD thing in this case! or personalized to order- Sports teamed themes one of her best sellers! Well enough of the morning pages. Ot looks overcast but not yet raining so going to hit the porch with the power washer to finish the job. I would like to return that today on my way to DC cause have had it a few weeks and I feel like my friend, who has his winery on the market may have need for it! He power washed one section of back of his barn where the winery is... but there is more I think he may need to do to!! I took the AC out of my car and it was so heavy and RUSTy and YUCKY I just did not even want it in my house. I left it on lawn as couldn't move it further in the moment. Just not enough energy then. I flipped it over so the mechanism part that is indoors was no the part being rained on- so the rain would be hitting the side directly and also oriented so the bigger vents not on top to catch ALL the water. And there were these little critters all over it when I flipped it over- When I stopped by the winery and was telling him how I was worried about the mold AND that no wonder he was feeling sick and lethargic the past few years- breathing that mold from his AC could not have HELPED his health.... ( HE said " I haven't been tired" in his good old fashioned denial way... and I said "Come on now you were a couple of years ago and thought you had to have caught COVID and were lethargic for months not sure what was wrong! Not now... but I cant imagine if you had some immune thing going on that the mold HELPED.") He gave me moldx So I know that is the shit that works. I will clean with the cleaning vinegar and then wipe down with that. IF I have energy to move the darn thing to the backyard- that is a back yard project. I have about three hours to get done what I can! In any case-I can't recall his last name! He was a REALLY good data analyst! I would love to find him as his skills are complementary to mine ( I am a shitty data analyst HA HA)- and if he needed work I would be happy to see if he wanted to send me his resume to see what is out there for him. I know we kept That is the hardest part about thinking of my business development. I haven't kept in touch with some of the really good people I enjoyed working with who SAID they enjoyed working with me! � � |