Yeah.
We're teeny tiny yet. I put in about 80 radios last year. Some were new
some were repairs or upgrades etc. We ended up with a net of 52 new subs
when it all shook out.
I've put in over 50 new subs so far this year!
I'd been hoping to hit 375 wireless subs by the end of this year. Now I'll
be amazed if we end up with less than 425.
Sell out? Now? Why? I'm still able to do this with two people. Me and
one part timer in the office. The wife spends a few hours per week on bills
too. Sure I'm working more than 8 hours per day most days, but 2 to 4 of
that is on the lists and/or WISPA (you guys are gonna be amazed at what's
likely to come out of wispa in the next 12 months!) and push comes to shove
I could drop those activities.
Looking back over the last three years we're growing our annual revenue by
about 15 to 16% per year. Even though we've cut our dialup base by more
than 50%. Probably closer to 60 or 70% now. We're running about a 20%
margin overall. And that margin will now start to go up as many of our
fixed costs will not change due to new customers. We won't need more fiber
run in, we won't need more servers, we won't need more office computers etc.
At least not till we put on another 200 to 400 subs.
For the first time in my 12 years in business, I'm having to pay income tax.
(remember we closed the copier side and went pure internet around 2001 so
the current business is still debt ridden and only a few years old) We just
sat down with the accountant and I'll spend more in income tax last year
than I did to buy the car I'm driving! In fact, my next tax bill will be
HALF of what I budgeted for network expansion and improvement over the next
TWO years!
deep sigh
The sad part is, I still drive a car with 260k on it. Any money we make
goes to feed 5 hungry mouths in this house and paying off all of the debt
from the copier biz. 2 more years and I'm gonna buy that vette one way or
another! grin
But sell out? Now? Sure. For 4x annual revenue I'll think about it.
Other than that, where can I possibly find a job that'll drop down to a part
time commitment in 36 or so months? Be almost completely debt free and new
tools will be measured in the hundreds not thousands? Oh yeah, I whine
about my hours, but I can always schedule time off if I want/need. I rarely
miss any of the kid's games/plays etc. Somedays we play hooky at the office
and head to the river instead of work. And I can write off at least part of
almost every trip I take.
laters,
marlon
----- Original Message -----
From: "John Scrivner" <[EMAIL PROTECTED]>
To: "WISPA General List" <wireless@wispa.org>
Sent: Friday, March 30, 2007 9:57 PM
Subject: Re: [WISPA] Wireless ISP's
I don't know who told you that. We had our best growth and highest earning
year last year and this year looks to break that record. Most WISPs I talk
to say the same.
Scriv
Matt wrote:
I was just wandering. I have heard that wireless ISP's are on the
decline and most of the ones that remain are selling out or just
holding there own. Is that true? I heard there were not as many at
the last wispcon due to that.
Matt
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