Jan 12, 2012


Attended the Arizona Business Brokerage Association (AZBBA) as a welcomed guest of Michael Abbinante this morning.  He's sold more businesses in Arizona the past few years than anyone - he tells it how it is and is one of the better brokers I've worked with.  Amazing how many people I've come to know over the years.  I probably have done business with more than half the members there, many of whom I'd never actually met face to face until today.  Great group of people.  For those looking to buy a company, attending one of these meetings as a guest might not be a bad idea...

Met with a friend for lunch who I know through Toastmasters.  With his background in M&A, consulting, and capital raising, I'm intrigued that he wants me to partner up with him in creating a new private equity / venture capital / incubator - consulting firm on a partnership basis.  He's invested a lot of time and money into the project already.  I've always respected and admired him and would welcome the opportunity to work along side him.  Still in brainstorming for now, but certainly intriguing.

Met with our Realtor this afternoon to discuss selling some of our properties.  Joan Kilby is not only a great friend, she's probably the most experienced, passionate, well-educated and loyal real estate agent I know.  We're pretty much upside down on all our real estate at this point, and our holding costs compared to the inevitable hit to our credit, should we choose to short-sale the properties seems to be a no-brainer.  On the other hand, I'm a big believer in sticking to the contract we signed - our word is our bond - and I detest the idea of not living up to what I agreed to on the loan.  After a lengthy discussion and getting caught up on life, Joan talked us out of listing the properties since we intend on purchasing more real estate this year. 

Brae is calling me to dinner.

1 comment:

  1. Dear Sir,

    We have changed our domain, but you can see what we have started and need money to finish. We only need an investment of $100,000.

    For the past 23 years I have been involved in all aspects of marketing to engaged couples;
    print, telemarketing, the web and direct mail. I published a wedding magazine in Las Vegas 15 years called Wedding Extravaganza. I sold advertising for weddings in the following areas for print: Orlando FL, Jacksonville, FL, Salt Lake City, UT and Las Vegas, NV. I sold web advertising 12 years and learned the ins and outs of web advertising from that experience at www.bridesclub.com (family owned).

    I have attended and produced direct mail seminars for my advertisers.

    My interest now is only in a website for weddings that will be a one stop shop for brides. 77% of all weddings are planned on the internet. Because of that wedding magazines are picked up but brides go to the web for purchases.

    When publishing my magazine in Orlando Florida about 1988, I contacted Disney World and had a meeting with their marketing person regarding advertising weddings for them. I asked if they had a Fairytale Wedding and they said NO. I proceeded to feed them with suggestions. The following year I met with the Advertising & Marketing Director. They asked me about my ideas for a Fairytale Wedding. I generously gave them my ideas. (My thinking was to have the rings in the glass slipper when carried down the aisle on a pillow. I suggested a see through crystal coach for the bride and groom to depart in. She said it would be great for pictures with the couple looking out the back window. The coachman and footman in costume, of course. Their Fairytale Weddings are now legendary and they use all of my ideas!!

    Marketing for weddings is my expertise.
    Please contact me and I will mail to you my detailed business plan. I have many advertisers in the Las Vegas area anxious for my website to be created. They are now paying $3,600 a year to www.theknot.com and www.weddingwire.com. Our price for them to be linked and receive leads is $1,200 a year.

    Thanks for your consideration!
    Donna Buckles Jaster
    DonnaRJaster@yahoo.com Cell 702-306-3860