A couple weeks back, JoAnn and I were talking about how, when you get the right idea, you get obsessed. I sorta thought to myself that I'm not really that kind of person, that kind of person who gets really focused and just does one thing. You know. I'm a generalist.
Well, who knew?
I'm obsessed. I'm getting a truck, making it a kitchen, and selling soup, and all I can think of is truck, spot to park truck (the laws are crazed), menu, sourcing, license, sell my house to finance business, old chip truck or renovate delivery truck, really, sell my house?
So I'm a little spinny, cuz it's all decisions all the time, and the house thing makes sense since:
a) the house is a four hour drive away and requires regular work, which I won't have time to do
b) it would give me some financial breathing room and mean I wouldn't have to borrow for the business
c) if I want to avoid capital gains taxes, I have to sell it by Dec. 2011 anyways
d) My friend Jer and Brad, both of whom are pretty darn smart and into economics, think that we are heading for some kind of serious deflation that will make credit unavailable and lead to a precipitous drop in housing prices, which would mean I had no equity.
e) it's springtime, and houses sell well in the springtime.
a) the house brings in money on a monthly basis, and I can use money coming in on a regular basis
b) I like having a connection to Peterborough. I love Peterborough.
c) even if everything collapses, i can go live in my house. But I guess I could buy another house with the money I make from the house sale.
d) if the economy doesn't collapse, I am still making money from my house and it's value continues to rise slowly the way house values have for a long long time.
e) isn't there enough chaos in my life?
I think I'm leaning towards selling it and buying a delivery truck with the cash, then making a ton of money and buying a little land in Wakefield. Brokeness is getting really old for me. I should probably number crunch first.
That said, I also got recommended to the Self Employment Benefits Plan today (yay!) which will probably get me a course and extend my EI benefits, plus had a very informative conversation with Brad Campeau, who runs a cookie truck called B. Goods about getting it up and running and making a truck, and making a living being a mobile food vendor. So I'm back to the idea of wholesaling and delivering, which is good, and will be in addition to the street vending/ festival vending, which will be irregular. And a space. I have to find a space- so some phone calls tomorrow, and some sleep tonight, possibly without the sudden awakening with a menu idea or a way of contacting vendors or the jaw clenching realization that I need to write a business plan right NOW and get a cell phone (oh god, but I'll need one) and the desperate question of location, without which all else falls apart... before the apocolypse even hits.
I suppose it's not THAT urgent, but it feels that way. I've gotta make some money.
Maybe the house sale is the best way to go? You never know about decisions, except in retrospect. And with the root word spect, try to keep it in perspective. I had a visit with a friend today who's daughter is quite ill, and it really does remind me of what's truly important- and it ain't making money...