My confession to forum
my dear forum brothers,Thanks for sparing your time in listing to my crisis ( well, this is my term to the situation I am facing now, it may not fit your defination of CRISIS )today, as a forum brother, I will be very honest to share what's in front of me and willing to take the hot seat and prepare for challenge in a few moment. before my statement to the crisit, please accept prerequisite below:
1. I swear to you all that to forming the company and focus on the CSR industry have nothing to do with my partner - the charming lady who you might think developing unusal relationship in between.
2. I didn't change my belive in doing good won't conflict with doing well, however, I realized that the career may not mixed with idea at the same stage.
My problem fall in a few area, in fact, they interactive one another, my career, the business I am entering and it's impact on me and my family. acturally, I will be running out of cash next month, the long awaited contract from 3 company may arrived in next 3 month, however, the payment terms havn't settle yet and I am afriad that the " Consulting " product is hard to sale ( which I presume to obtain a fat margin up to 70& ) it will leave project / program based contract which will only contribute to 30% of the gross margin to our company, if we need to break even this year , in other word, to balance the burn at 6 millions annually, we must reach our revenue to 20 millions NT in 2007, by far, non of the contract signed , and the saling period is much longer than we expected, hope for the best, we may reach the contract scale to 12 millions. it will leave a 2 millions to 2.5 millions deficit to our operation in 2007.
the worst is , all the local customer knows how to cut price when it come to the renew contract, you know and I know, and to renew and extent our contract with them must go through a tough negociation. and the market will soon be fulfill if we target only the leading corporation among varies industies. well, you point out a great point, if the market do exist or estalishing, any foreign company will easily wipe us out - consulting firm such as Mckinsey will be our number one competitor in the future. so, how to bail me out of this situation? as I already put my family into the trouble water, I must set the point to cut lost.
I fully agree with your collective widsom and willing to follow, because it echo to my instict to as well:
1. Looking for job righ now.
2. cut lost : in the area of partner, employee, customer, family.
3. build the new shell with Stan Shi and have him to put my staff under his umbrella
4. be confident to myself if I really looking for coproate life
5. do it now.
6. wait for another 10 years to preach for CSR, By then, I may have grey hair to convince people.
thanks for be patient with me for the last year and try to understand my feeling today, I value the resposne from you and apprecaite your open mind to share and even own my problem as it is occuring to you.
it's time to take action, I now you are only acting as my mirrow, I can only depening on my own, standing by my own feet. I sincerely hope I won't disappointed myslef.
One good thing to share last, I am optimistic tongiht when having hot pot dinner with my wife, as I promise to me and to all of you, I should not bring too much burdon to her, she don't deserve it. I think my partner will understand, really, if not, then I can only save who's important to my life.
I wish when seeing you next forum, some of the quest for next venture will devleop to story to share.
Your forum brother
posted by Roger @ 1/12/2007 12:17:00 上午
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