Yup... us too but now it's "I had to fold my online Poker hand
because my connection went down... I lost $1,000."
Travis
Microserv
Charles Wu wrote:
Yep, me too. Right out of the starting gates over 10 years ago, straight with S-Corp. Too much stupid s**t too be sued over by
- Original Message -
From: Travis Johnson
To: WISPA General List
Sent: Thursday, June 04, 2009 6:26 AM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Yup... us too but now it's I had to fold my online Poker hand because my
connection went down... I
Message-
From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On
Behalf Of Marlon K. Schafer
Sent: Thursday, June 04, 2009 12:13 PM
To: WISPA General List
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
roflmao
I had a guy tell me that he was doing
Sent: Thursday, June 04, 2009 1:42 AM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Advice I have heard from lawyers, is NEVER EVER EVER DO THIS (emphasis
from them).
RickG wrote:
Very nice info Larry! So, what is your take on incorporating in a
state other than
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Very nice info Larry! So, what is your take on incorporating in a
state other than your home state for tax reasons? Is it worth the
effort?
-RickG
On Wed, Jun 3, 2009 at 1:09 PM, Larry Yunker leyun
as strong as it used to be. If your company
screws up the officers (that's you) will be named on any suit these days too.
marlon
- Original Message -
From: Travis Johnson
To: WISPA General List
Sent: Monday, May 25, 2009 9:53 AM
Subject: Re: [WISPA] Quesiton on Funding
: [WISPA] Quesiton on Funding / Financing / Capital Availability
Huh? We incorporated in 1997 and I think total cost was less than $500.
How do you ever expect to get away from having to do personal guarantees if
you don't operate like a real business?
Travis
Microserv
Marlon K
-
From: Travis Johnson
To: WISPA General List
Sent: Monday, May 25, 2009 9:53 AM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital
Availability
Huh? We incorporated in 1997 and I think total cost was less than $500.
How do you ever expect to get away from having
-Original Message-
From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On
Behalf Of RickG
Sent: Wednesday, June 03, 2009 11:29 AM
To: WISPA General List
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Apparently, meeting minutes are one
-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On
Behalf Of RickG
Sent: Wednesday, June 03, 2009 11:29 AM
To: WISPA General List
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Apparently, meeting minutes are one of the differences between an
LLC
Yep, me too. Right out of the starting gates over 10 years ago, straight with
S-Corp. Too much stupid s**t too be sued over by being a service provider.
For instance... Oh, your child saw porn? Maybe you should be watching over
your child instead of trying to screw me out of every penny I own?
, employment discrimination, sexual harassment, etc.)
- Larry
-Original Message-
From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On
Behalf Of RickG
Sent: Wednesday, June 03, 2009 11:29 AM
To: WISPA General List
Subject: Re: [WISPA] Quesiton on Funding / Financing
Johnson
To: WISPA General List
Sent: Monday, May 25, 2009 9:53 AM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Huh? We incorporated in 1997 and I think total cost was less than $500. How
do you ever expect to get away from having to do personal guarantees
or less people almost
all did BETTER. Go figure.
marlon
- Original Message -
From: rea...@muddyfrogwater.us
To: WISPA General List wireless@wispa.org
Sent: Monday, May 25, 2009 1:48 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Charles, you really
suit these days too.
marlon
- Original Message -
From: Travis Johnson
To: WISPA General List
Sent: Monday, May 25, 2009 9:53 AM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Huh? We incorporated in 1997 and I think total cost was less
: Saturday, May 23, 2009 4:20 PM
To: WISPA General List
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital
Availability
So I will take option 4 from a previous post since Travis made the point.
Up to 60 months with $1 buyout is the same as a 5 year bank loan.
I want to run debt free
wireless@wispa.org
Sent: Monday, May 25, 2009 11:54 AM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
One more thing. I don't agree with your definitions per se'.
We all have businesses. A proprietorship is a TYPE of business. We are a
proprietorship because I'm
ell make their accounting life easier.
Tom DeReggi
RapidDSL Wireless, Inc
IntAirNet- Fixed Wireless Broadband
- Original Message -
From: "Marlon K. Schafer" o...@odessaoffice.com
To: "WISPA General List" wireless@wispa.org
Sent: Monday, May 25, 2009 11:54 AM
Subject: Re:
- Original Message -
From: Travis Johnson
To: WISPA General List
Sent: Sunday, May 24, 2009 1:22 AM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Charles,
I agree with you... but at what point does that happen? If your growth is
growing (meaning you
Message -
From: Travis Johnson t...@ida.net
To: WISPA General List wireless@wispa.org
Sent: Saturday, May 23, 2009 6:49 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
The biggest difference I have seen with a loan or line of credit, even
for us (a corporation
PA General List" wireless@wispa.org
Sent: Sunday, May 24, 2009 8:56 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Marlon,
Charles, your numbers are WAY off there.
You can't base your numbers on the fact that you're wil
- Original Message -
From: Charles Wu c...@cticonnect.com
To: WISPA General List wireless@wispa.org
Sent: Sunday, May 24, 2009 10:03 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Hi Marlon,
I think it's appropriate to make a few definitions
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Marlon,
If you think the WISP business is similar to a doctor or dentist or plumber,
you are very mistaken. The best advice I have ever heard actually came from the
son of a very wealthy doctor in our area. He
a.org/wiki/Sole_proprietorship
http://en.wikipedia.org/wiki/Asset
marlon
- Original Message -
From: "Charles Wu" c...@cticonnect.com
To: "WISPA General List" wireless@wispa.org
Sent: Sunday, May 24, 2009 10:03 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Avai
wireless@wispa.org
Sent: Saturday, May 23, 2009 8:07 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Hi Scott,
Regarding debt...I've found that there's a scale inflection point in
running a WISP (or any business for the matter) that needs to be
reached
Charles,
I replied to your previous response so I wont be redundant here. It
appears we are in sync in thought. As a previous senior manager at
several companies large small, I've hired/fired my share of people.
The human factor is huge. One of my favorite books is The eMyth
Revisited
they do. In that regard, big or small, we're no
different from many many other professionals.
marlon
- Original Message -
From: Travis Johnson
To: WISPA General List
Sent: Sunday, May 24, 2009 11:01 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
-
From: Charles Wu c...@cticonnect.com
To: WISPA General List wireless@wispa.org
Sent: Sunday, May 24, 2009 10:03 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Hi Marlon,
I think it's appropriate to make a few definitions and distinctions on
things so
] Quesiton on Funding / Financing / Capital Availability
Hi Marlon,
I think it's appropriate to make a few definitions and distinctions on
things so everyone is on the same page
Specifically, for purposes of making my point, I define
Proprietorship: A commercial activity engaged
models out there.
insert witty tagline here
- Original Message -
From: Charles Wu c...@cticonnect.com
To: WISPA General List wireless@wispa.org
Sent: Sunday, May 24, 2009 9:20 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
...@odessaoffice.com
Sent: Monday, May 25, 2009 10:54 AM
To: WISPA General List wireless@wispa.org
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
One more thing. I don't agree with your definitions per se'.
We all have businesses. A proprietorship is a TYPE of business. We
To: WISPA General List
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
So I will take option 4 from a previous post since Travis made the point.
Up to 60 months with $1 buyout is the same as a 5 year bank loan.
I want to run debt free as soon a possible. That being
- Original Message -
From: Charles Wu c...@cticonnect.com
To: WISPA General List wireless@wispa.org
Sent: Saturday, May 23, 2009 8:07 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Hi Scott,
Regarding debt...I've found that there's a scale inflection point
-Charles
-Original Message-
From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On
Behalf Of Scott Reed
Sent: Saturday, May 23, 2009 4:20 PM
To: WISPA General List
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
So I will take option 4
: wireless-boun...@wispa.orgmailto:wireless-boun...@wispa.org
[mailto:wireless-boun...@wispa.org] On Behalf Of Scott Reed
Sent: Saturday, May 23, 2009 4:20 PM
To: WISPA General List
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
So I will take option 4 from a previous
,
marlon
- Original Message -
From: Charles Wu c...@cticonnect.com
To: WISPA General List wireless@wispa.org
Sent: Saturday, May 23, 2009 8:07 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Hi Scott,
Regarding debt...I've found that there's a scale
a good chance they just don't work out =)
-Charles
- Original Message -
From: Charles Wu c...@cticonnect.com
To: WISPA General List wireless@wispa.org
Sent: Saturday, May 23, 2009 8:07 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Hi Scott,
Regarding debt
- Original Message -
From: Charles Wu c...@cticonnect.com
To: WISPA General List wireless@wispa.org
Sent: Sunday, May 24, 2009 8:56 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Marlon,
Charles, your numbers are WAY off there.
You can't base your
Hi Marlon,
I think it's appropriate to make a few definitions and distinctions on things
so everyone is on the same page
Specifically, for purposes of making my point, I define
Proprietorship: A commercial activity engaged in as a means of livelihood or
profit
Business: A unique system of
[mailto:wireless-boun...@wispa.org]
On Behalf Of Gino Villarini
Sent: Friday, May 22, 2009 3:54 PM
To: WISPA General List
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital
Availability
Option 3
Gino A. Villarini
g...@aeronetpr.com
Aeronet Wireless Broadband Corp.
tel 787.273.4143
, May 21, 2009 1:55 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital
Availability
Answers in-line.
insert witty tagline here
- Original Message -
From: Charles Wu c...@cticonnect.com
To: WISPA General List wireless
- Fixed Wireless Broadband
- Original Message -
From: Travis Johnson
To: WISPA General List
Sent: Friday, May 22, 2009 6:04 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
The banks can sell a car with little effort. They already have
:04 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
The banks can sell a car with little effort. They already have
relationships with dealers and auctions. And often, if the consumer's credit
is questionable, the dealer will guarantee to take the car back
@wispa.org
Sent: Friday, May 22, 2009 11:13 AM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
In a worse case scenario, a car is probably considerably easier to repo
than the antenna on my roof and radio in my attic. And the car would be
worth a magnitude more
] On Behalf Of Scott Reed
Sent: Saturday, May 23, 2009 4:20 PM
To: WISPA General List
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
So I will take option 4 from a previous post since Travis made the point.
"Up to 60 months with $1 buyout is the same as a 5 year
I've never found a lender willing to lend against using the in-place used
equipment as colladeral.
It is the biggest double standard.
I find it highly ironic that they'll use a car for colladeral that looses
50% of its value the day it leaves the lot, and has a rate of failure and
risk of
understand the lending market.
Tom DeReggi
RapidDSL Wireless, Inc
IntAirNet- Fixed Wireless Broadband
- Original Message -
From: rea...@muddyfrogwater.us
To: WISPA General List wireless@wispa.org
Sent: Thursday, May 21, 2009 1:55 PM
Subject: Re: [WISPA] Quesiton on Funding
On Thu, May 21, 2009 at 10:49:01AM -0500, Charles Wu wrote:
With all the hype being generated by the stimulus bill, we have been
approached by a multitude of third party financial organizations that have a
renewed interest in potentially financing rural broadband...now,
specifically, for
, 22 May 2009 09:49:07
To: 'WISPA General List'wireless@wispa.org
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Most lenders I've worked with really don't seem to even consider lending
against recurring revenue as the recurring revenue is what they will use to
justify
Just for round representative numbers, lets say you have have a pretty
established customer base and you have the staff and the growth
potential to install $10k/month worth of new CPE.
I would buy $10k/month worth of CPE to get what I need when I need it.
When I have more customers, I can spend
...@muddyfrogwater.us
To: WISPA General List wireless@wispa.org
Sent: Thursday, May 21, 2009 1:55 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital
Availability
Answers in-line.
insert witty tagline here
- Original Message -
From: Charles
Lease, lease, lease.
Agreed that leasing is a great option, but in looking at my numbers these past
few months, I've noticed that the amount of leasing that we do is a fraction of
what we used to do 12 months ago (if it wasn't for the Motorola 3% program, I
don't think we'd be doing any
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital
Availability
Lease, lease, lease.
Agreed that leasing is a great option, but in looking at my numbers
these past few months, I've noticed that the amount of leasing that we
do is a fraction of what we used to do 12 months ago
We are still leasing, but also #3 applies as well... but we are putting
the cash flow money into other things... like real estate, that is dirt
cheap right now... ;)
Travis
Microserv
Charles Wu wrote:
Lease, lease, lease.
Agreed that leasing is a great option, but in
that it is less risk.
Tom DeReggi
RapidDSL Wireless, Inc
IntAirNet- Fixed Wireless Broadband
- Original Message -
From: Charles Wu c...@cticonnect.com
To: WISPA General List wireless@wispa.org
Sent: Friday, May 22, 2009 9:43 AM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital
Travis Johnson wrote:
but we are putting the cash flow money into other things... like real
estate, that is dirt cheap right now... ;)
Thats what we did in Novemeber.
Got a 500k property for about 325k .
And got the owner to carry 90% @ 6% on an 8 year term. Not much interest
to pay, just a
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
In a worse case scenario, a car is probably considerably easier to repo
than the antenna on my roof and radio in my attic. And the car would be
worth a magnitude more money. The installed infrastructure is worthless
- Original Message -
From: "jp" j...@saucer.midcoast.com
To: "WISPA General List" wireless@wispa.org
Sent: Friday, May 22, 2009 11:13 AM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
In a worse case scenario, a car is probably co
4:50 PM
To: WISPA General List
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital
Availability
Lease, lease, lease.
Agreed that leasing is a great option, but in looking at my numbers
these past few months, I've noticed that the amount of leasing that we
do is a fraction of what we
Answers in-line.
insert witty tagline here
- Original Message -
From: Charles Wu c...@cticonnect.com
To: WISPA General List wireless@wispa.org
Sent: Thursday, May 21, 2009 8:49 AM
Subject: [WISPA] Quesiton on Funding / Financing / Capital Availability
.
Tom DeReggi
RapidDSL Wireless, Inc
IntAirNet- Fixed Wireless Broadband
- Original Message -
From: rea...@muddyfrogwater.us
To: WISPA General List wireless@wispa.org
Sent: Thursday, May 21, 2009 1:55 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Answers
on Funding / Financing / Capital Availability
Answers in-line.
insert witty tagline here
- Original Message -
From: Charles Wu c...@cticonnect.com
To: WISPA General List wireless@wispa.org
Sent: Thursday, May 21, 2009 8:49 AM
Subject: [WISPA
wireless@wispa.org
Sent: Thursday, May 21, 2009 1:55 PM
Subject: Re: [WISPA] Quesiton on Funding / Financing / Capital Availability
Answers in-line.
insert witty tagline here
- Original Message -
From: Charles Wu c...@cticonnect.com
To: WISPA
- Original Message -
From: Charles Wu c...@cticonnect.com
To: WISPA General List wireless@wispa.org
Sent: Thursday, May 21, 2009 8:49 AM
Subject: [WISPA] Quesiton on Funding / Financing / Capital Availability
With all the hype being generated by the stimulus bill, we have been
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