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Old 04-19-2008, 05:17 PM   #14
lookout123
changed his status to single
 
Join Date: Apr 2004
Location: Right behind you. No, the other side.
Posts: 10,308
Short term? Stash enough cash away to implement my plan by August. The plan as it stands is move my practice to a bigger office even closer to home and bring on 2 employees in August and set for another in January. My goal in doing so is for a bit of motivation and a challenge. If they do their jobs well, their production should cover all their costs plus my office space bring me back to 100% payout on my own production. If that goes smoothly I'd like to have 2 more people on board by August '09. Their production should increase my income by 30%. January '10 I want to bring on the final piece of the puzzle. One more highly specialized person that only works with one product for our client base. That person's production should bring me to 200% of my current income (and they all make their cheese too.)

By 2012 my plan is for the practice to be generating enough recurring and passive income that I can found a new soccer club without concern for my own income.

That's the plan anyway.
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