Liquidated
Posted: Fri 6 March, 2009 | Author: Lyle | Filed under: Own Business, Thoughts, Work-related |2 Comments »This week, I found out that the company I worked with last year in Basildon has now gone into voluntary liquidation.
I can’t say it’s been a massive surprise – when my contract there started, they insisted they’d got at least three months of work available, but it turned out to be less than a month all told. In the time I worked with them, they didn’t generate any new business – and to my knowledge they didn’t really generate any after that time either.
I can’t be too holier-than-thou on this though – as I’ve said before, my motivation over the last eighteen months or so hasn’t been good enough on generating business for my own company either. On the flip side of that though, I don’t also have the other employees, the semi-smart office, or the high-maintenance lifestyles that they had at [Company X] I have virtually no overhead, where theirs must’ve been pretty damn high.
Equally, I’ve got the skills and knowledge that [Company X] didn’t have – they didn’t have a clue about one hell of a lot of the aspects of website design, although they did have a couple of very good Flash guys.
Anyway, looking at my reactions to the news of the liquidation, I suspect that this might bring some more of my motivation to the fore – I know I don’t want to end up in that particular scenario if I can possibly help it.
Perhaps I’m being dim, but…
How could you end up going into liquidation when you provide a service, with no overheads other than your home, your computer and your car (all of which you presumably need to general living?).
I couldn’t go into liquidation – because that’s exactly the set-up I have.
However, if you have staff, fancy office, leased car etc., and no ingrained technical skills (thus having to hire people to do the jobs you’re selling to clients) – the answer becomes a bit clearer.