Showing posts with label Mastermind. Show all posts
Showing posts with label Mastermind. Show all posts

Saturday, October 21, 2023

I Wouldn't Mind Waiting for Dinner Here, Would You?

                                                                  Visions of the future.


“Sally, what’s wrong?”

“Twinkie and Shal, I’m happy for you. I really am… But inside, my heart is hurting. I can hardly breathe.”

 “What is it?”

‘I’m afraid I will have to sell my business.”

“What?” I thought you were doing well.”

“I thought I was doing all right. You know Hank got laid off during the pandemic, and they didn’t hire him back. He’s so well educated it’s hard to find an equivalent job. He’s lost his will. I thought the restaurant would support us, but we’re carrying a large mortgage on it, and a few years ago I took out a second mortgage. We have a balloon payment due, and not the funds to pay it. I think I will have to sell the building.”

“But then you will have no business,” says Shal.

“I know.”

“You could go bankrupt,” Harvey says.

“Yes, but that would destroy our credit for the next seven years. I don’t think I could run the business without credit. I know I sounded cavalier about my cooking, and commissioning a chandelier and all that. I wasn’t paying attention. I thought the restaurant was pretty much running itself. But it appears that when you take your eye off an endeavor it can run amuck. And my best cook moved across country. He got a better job. That was the final blow. And the rest aren’t Italian cooks.”

“You could train them.”

“Yes, hopefully.”


“Oh Sally, how can we help?”

“By being here, I guess. A soft place to fall as you have said. I hate to talk about money, but that’s what’s happening. I’m so embarrassed.”

“These things happen,” sat Ollie. “Do you have any equity in the building?”

“Yes, the equity would pay off the bills. Real Estate has increased in value, thank God. It’s a good time to sell.”

 “But you are selling your business…”

“I know. It’s killing me.”

“What about having a food truck?” says Simad. “They are really popular in Portland.”

“Yeah, I know, but I see them sitting idle here in town, and I pride myself in serving fresh food.

Besides, I can’t see myself in a food truck. I believe my customers would lose faith in me. I’ve lost faith in me.”


“Okay, Sally, we have six brains here. What can we do?”

“Just listen to me.”

“We’ve doing that,” says Ollie. “Do you mind if I ask how much would be left over after you’ve sold the building and paid off the bills?”

“I figure around $200,000.. Not enough to get another building or a business started.”

“Wait a minute. Let’s consider some alternatives. You’re too good a cook to just stop.”

“Maybe a catering business,” says Harvey.

“That might work if I could get my kitchen certified for selling out of it.”

“You know,” said Twinkie,” I’ve looked into tiny Houses. What if you had a commercial kitchen in one. I think you can get one or build one for around $100,000.”


“Where would I put it?”

“On my property!” Harvey yells. “I have an acre, and that means I’m qualified for a second dwelling. Put it in Liz’s garden. What better honor than to serve a friend. I think I could get an easement to it through the neighbor’s field behind my house. I brought a Bob Cat tractor through there once. They seem to be generous folks.”

“This would need to zoned for commercial,” said Shal. “I’m a negotiator. Perhaps we can get a zoning change. How does that sound to you Sally? We don’t want to take over, just help.”

“I’m grateful for it. Harvey would you really let me place a Tiny restaurant on your property?”

“Hell, I’ll build it for you.”

“I’ll build it with you,” says Shal. “I’d even quit my job for a piece of this action. This is a good business venture. They offered me a severance package some time ago, I think it's  still in effect.  I was thinking of dropping down to half time anyway for the baby. This could be such fun.”

“But, we would have to stay within budget guys.”

“What say we buy stock in your company?” Harvey suggests.

“I’m not taking any of your money,” says Sally.


“We’ll do grunt equity for a percentage of your company,” says Shal.

“You take 60%. We’ll divide up 40%. How does that sound? When the business takes off, we’ll take dividends. Or we could take a salary and be an employee-owned business.

“What grunt can I offer?” asks Twinkie.

“I would hire you as a waitress,” says Sally.

“I would love that. You pay me minimum wage and give me a percentage of the company and we’re on.”

“You’re on.”

“To be the majority shareholder, I would go with 51%,” says Sally. “That way, you guys could divide up even more. And we need to form an S-Corporation to avoid double taxation for everyone.

“Okay,” says Ollie, “you have Harvey and Shal as builders, Twink as waitress, Sally as cook. I can offer my networking system? I used to be a Real Estate Agent. I know a friendly Mortgage broker, and although I do not have a license, you can sell as owner, I will guide you and get a Real estate lawyer to write the contract. Will that earn me a spot?”

“Definitely.” Says Sally. “My head it spinning. Do you think we can work together as a team?”

“If we can’t, we haven’t earned our stripes as co-conspirators in life,” says Ollie. “We’re a Mastermind group aren’t we?”

“It works if you work it,” says Shal.


To be continued…Next installment, Twinkie has a new suggestion.


To read all the conversations please go to  


Jewell D's Substack





A comment or a follow (scroll below)  would have me running to the computer in excitement, probably before fixing breakfast for my hubby. Oh oh, this could go [crickets] if you feel sorry for him.

Tuesday, September 13, 2022

What Dilemma Do You Have Today?


Would you befriend someone who is going on a buffalo shoot?


Yesterday I met a neighbor who recently moved into our neighborhood. I really liked her. We had similar interests until she told me she was going on a Buffalo--what did she call it? It was not a hunt but a thinning of the herd. Yes, I’ve heard that a rancher can keep only so many buffalo, so he “thins” the herd. They aren’t penned, she said, but have free range, but the range will only support so many.


I don’t like it, but I realize that is the way they “farm” buffalo.


But she is going to the shoot. To kill buffaloes? I can’t comprehend it.


There is too much history with buffaloes and how humans practically wiped them from the face of the earth. The few who survived and kept their specie going are now preserved because they are on farms and harvested as a crop. There has been too much heartache. There had been too much slaughter. To face a buffalo and pull the trigger is too much for me. 


What would you do?


How different can friends be and still be friends?


One reason I put a sign-up for a Mastermind group at the end of my book—yep, my “Money Talk” has morphed into a small book because it isn’t all about money. It’s about “How To Get from Where You Are to Where You Want to be.” Titled “Take the Leap”


I wrote a blog with that title in 2019 and it has gotten more comments than any other. (On Steven Pressfield motivated me to write that blog with this quote:


The highest treason a crab can commit is to make a leap from the rim of the bucket.”--Steven Pressfield. 


I din't know the characteristics of crabs until I looked up “Crabs in a bucket” and found that if one crab tries to escape the bucket, the other crabs will try to pull him back in.


The Mastermind invitation is because I figured if anyone read my book, they just might want a group that supported them in their efforts. Plus, they would be willing to support others in theirs. No strings attached. Let’s face it, we can all use a little help from our friends. And probably, I wouldn’t attract any buffalo shooters.