And also at my age of over 50, who is going to employ me, only myself.
You have a Good Day now,
Carl A Jeptha
http://www.airnet.ca
Office Phone: 905 349-2084
Office Hours: 9:00am - 5:00pm
skype cajeptha
Lonnie Nunweiler wrote:
Telcos cannot cover the sort of area we as a WISP can cover.
Yes, we need to be able to charge per bit, because we have alot content
providers riding on our pipe selling things to our clients. I have
noticed they are less and less talking to the ISP's whose bandwidth it
is that they are using.
We don't need another war on the list about this either, it
Rick Smith wrote:
actually, I've been told the opposite. Buyers of your company want
as close to zero liability as possible. Especially when they will probably
come in and replace your gear with theirs. If the two seem to match,
you only win bigger...
Finance people don't want to replace
Even at 51% be sure that the contract contains the following:
- that you get 51% of the voting and decision making.
- How everyone exits.
- What are their responsibilities.
- What about a stale-mate - How is that handled?
You probably have a lawyer with you who specializes in corporate or
Or until the FCC continues to allow you to be in business.
Tom DeReggi wrote:
Yeah I disagree. If I shut down its because I get tired, not because
I get run out. There becomes a point, when the only big cost is roof
space, and a big company tends to pay more for roof rights. When I'm
debt
I wish we would have had funding. Just hard work, 7 days a week, 14 hour
days until things started rolling. Eventually made ends meet and then
actually started seeing some profits at some point. Advertising is a
mystery. Its like certain wireless gear. It might work in some areas but not
others.
yep, rural NJ. Northern. ALL hills, ALL trees.
Doin ok so far, about break even on 300k over 4 yrs, but need a payoff, and
now I'm lookin at some private investors who are interested.
I need to get a feel on realistic projections.
-Original Message-
From: [EMAIL PROTECTED]
If you broke even but had a partner who did not help very much, then
my feeling is you should just stay on the course you have and the
profit will happen. If you bring in new money and new people my
feeling is you stand a chance you'll just end up with more of the
same. Trying to meet too many
Most service providers never make it much past break even because of the
high fixed costs in this business. Fill up one T1 with customers and the
second one is the same price as the first. You have to be able to
support large volumes just to change cost ratios. Then you have things
like CALEA
Equipment leasing? Every install for us is a break-even (after truck
roll, installing a firewall/router/AP for free, etc.) and we start
making money on every customer on their first monthly payment. :)
Just a thought.
Travis
Microserv
Matt Liotta wrote:
Most service providers never make it
Travis Johnson wrote:
Equipment leasing? Every install for us is a break-even (after truck
roll, installing a firewall/router/AP for free, etc.) and we start
making money on every customer on their first monthly payment. :)
Equipment leasing only addresses one part of an operator's fixed costs.
Small business owners have many resources for help.
The local university, small business development centers, SCORE.org, and
many others.
There are finance companies that can help with the leasing - or
sometimes the manufacturer can help you find one.
For every problem there is a solution.
Matt, he said he got rid of a useless partner, thus no loss of
manpower and added capital. Raising funds is not easy and requires a
lot of paperwork and letting a stranger into your life in a very
personal way.
Since he is at the break even point and has straightened out some
issues my best
We own the CPE gear so we consider it an investment. We charge a flat
$150 install fee and $30 a month. We pay for the gear in 2 months and
we are straight profit after that. If the Telcos had their ROI that
good they would be dancing.
Lonnie
On 2/20/07, Travis Johnson [EMAIL PROTECTED]
Lonnie,
This is not a true statement if your CPE is costing you $150 (which
seems a little low after antenna, pigtails, misc. hardware like zip
ties, weatherproof, mounts, etc.) you are breaking even on the
equipment. Then you still have the truck roll, insurance, gas, employee,
etc.
True to a point Travis. But in your earlier post, you claim to be
profitable immediately, which isn't necessarily so since you lease. The
lease is a liability, therefore, you may have a positive cash flow, but
until you pay off the equipment, you are not automatically profitable.
There is a
True... what I meant was I am profitable on that customer from day 1...
because I factor in the monthly cost of the lease per subscriber... so
the customer is installed at no cost to me, and I start making money
from their first payment.
Travis
Scott Reed wrote:
True to a point Travis. But
Travis,
I don't make untrue statements. Please don't say that.
I said we charge a $150 install fee and $30 a month, bringing the
total cash flow to $150 + $30 +30 = $210. The Client side gear is
$184 Quantity 1 and that leaves a small fee for my install guy who is
an employee. I'm maybe 3
We own the CPE gear so we consider it an investment.
The downside is that a Bank won't share that vision, and they will provide
zero value for the CPE.
However, when the CPE is leased, and someone was willing to lend you money
for it, and has claim to it, all a sudden the bank recognizes the
An asset is something that you own. I consider anything that is not
paid for to be a liability. An asset that you own can be enjoyed and
can make money for you. If it is paid for in a mere two to three
months is this not a worthy investment, especially if it can provide a
profit for years to
Lonnie,
I do not controdict your comment. I have chosen your same path. I have
zero financing, and own in full a half million dollars worth of hardware
that is installed.
I was just pointing out the compromise. I now have a $10,000 a year property
tax bill. The bank laughs at me, when I
An asset is something that you own.
Maybe in accounting terms, but in real world, anything that makes you more
money than it costs you is an asset, even if its not paid off.
Tom DeReggi
RapidDSL Wireless, Inc
IntAirNet- Fixed Wireless Broadband
--
WISPA Wireless List: wireless@wispa.org
actually, I've been told the opposite. Buyers of your company want
as close to zero liability as possible. Especially when they will probably
come in and replace your gear with theirs. If the two seem to match,
you only win bigger...
Loans / Leases / Credit Lines are BAD in the eyes of a
Rick Smith wrote:
actually, I've been told the opposite. Buyers of your company want
as close to zero liability as possible. Especially when they will probably
come in and replace your gear with theirs. If the two seem to match,
you only win bigger...
Loans / Leases / Credit Lines are BAD in
Plus, one really should count the payback on NET per customer revenue not
gross. That customer does have a bandwidth cost, tech support cost, billing
cost, tower capacity cost etc.
marlon
- Original Message -
From: Travis Johnson [EMAIL PROTECTED]
To: WISPA General List
And, who ISN'T building to sell right now ? The ones
building to own / operate are going to get run out in the next 3 yrs.
I'm curious about why you think this, Rick...
Mark Koskenmaki Neofast, Inc
Broadband for the Walla Walla Valley and
Telcos. They're going to get what they want @ the FCC, which is to put the
little guys out of business. It'll just be a matter of time and money, and
we don't have much of either.
Of course, wasn't it Marlon that said that that's what people said about us
5 yrs ago and here we are, still, today
Oh, I've been in the partnership thing, got screwed, and was lucky enough to
figure out how to negotiate for 100% ownership of the company that I built
and my deadbeat partner didn't help with.
So, now here I stand, smarter for the experience, but also looking at a pool
of vultures ready to hand
I agree, if I had the capital to keep going. :(
NEED to bring in financing, and I've done all that work by myself. Need
people to help grow it faster / further, and that all takes $$$ too.
R
-Original Message-
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On
Behalf Of Lonnie
Caveat (before the explanation...how do you like that): I am deploying
Tranzeo CPEs, and these guys are a Tranzeo reseller.
Look at RidgeviewTel at http://www.dboss-online.com/. I'm in a growing mood
right now, but I don't want someone else to own my network for a long time.
Their system
Yeah I disagree. If I shut down its because I get tired, not because I get
run out. There becomes a point, when the only big cost is roof space, and a
big company tends to pay more for roof rights. When I'm debt free, not sure
how someone can run me out. I can just give it away, and still
Same direction I'm headed, but the big catch is debt free
-Original Message-
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On
Behalf Of Tom DeReggi
Sent: Wednesday, February 21, 2007 1:35 AM
To: WISPA General List
Subject: Re: [WISPA] For those in business just about a year...
Telcos cannot cover the sort of area we as a WISP can cover. Sure
they can take the low hanging fruit, but I see it is similar to the
gold rush days. The first guys cashed out big, and the well financed
guys bought the best fields and made a mint. A LOT of gold was
recovered by very ambitious
On Wed, 21 Feb 2007 00:49:32 -0500, Rick Smith wrote
Telcos. They're going to get what they want @ the FCC, which is to
put the little guys out of business. It'll just be a matter of time
and money, and we don't have much of either.
I'd agree with you, if you take the first impression too.
Couple questions for you:
1) How did you get funding ?
2) How many customers are you up to so far ?
3) How many installations per month / week / day ?
4) How did they find you ? Advertising methods...
I'm in the middle of rebuilding my company from the disaster it's been in
because of a
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