Forum Replies Created
PeteParticipantFebruary 4, 2023 at 7:13 pmPost count: 1131PeteParticipantFebruary 4, 2023 at 5:10 pmPost count: 1131PeteParticipantFebruary 4, 2023 at 4:58 pmPost count: 1131PeteParticipantJanuary 26, 2023 at 8:18 amPost count: 1131PeteParticipantJanuary 26, 2023 at 8:17 amPost count: 1131
I had a lawyer tell me one time that if I don’t eventually sell my business, and work for myself my whole life, all I did was create a JOB for myself.. So for 20 years its been stuck in my head that I Must sell Kcw eventually..
That’s one way to look at it, but I’d disagree a bit. The value in “KCW” is the service John Jones provides, so yes, it’s not the easiest asset to cash in on. Anyone who could provide a similar quality service wouldn’t really get much out paying a premium for “KCW”…they’d just set up and do their own thing, similar to Pigpen, and what I imagine Franz and Pat will do. What your lawyer friend left out is that you invested in your business, buying the earth, buildings and tools that make it go. You now own commercial real estate (it sounds like free and clear, too), and if you were to decide to never turn a wrench for a dollar again I’d image you and Gretchen could engage a leasing broker to find tenants for the commercial buildings while you two sit on your porch, gaze at the Colorado River, and collect rent for the rest of your lives.PeteParticipantJanuary 23, 2023 at 3:55 pmPost count: 1131
Congrats on the retirement, JJ. Many people slave away until their last day and never get that chance to enjoy the fruits of their labor; it’s quite an accomplishment that you can chose to work when, or even if, you want to at a relatively young age.
As a long time admirer and past KCW customer, it does make me a little sad it’s happened this way. Along with your skills, Franz and Pat’s talents were a big part of lots of people’s VW dreams (mine included). I hope you all get what you want out of life, and wish you and the both of them nothing but the best in the future.PeteParticipantJanuary 16, 2023 at 11:09 amPost count: 1131
ACVW-powered snow plow:PeteParticipantDecember 31, 2022 at 1:33 pmPost count: 1131PeteParticipantDecember 29, 2022 at 6:13 amPost count: 1131PeteParticipantDecember 23, 2022 at 7:02 amPost count: 1131PeteParticipantDecember 15, 2022 at 6:15 pmPost count: 1131PeteParticipantNovember 11, 2022 at 9:13 pmPost count: 1131PeteParticipantOctober 19, 2022 at 6:56 amPost count: 1131