this is scary and brings up a discussion I had yesterday about business owner vs. entrepreneur, an example is the owner of an architecture firm who delegates most work, but b/c his name is on the contracts(and he is the CEO) still has to work around the clock and thus the business runs him not the other way around, so despite net earnings of over $1million/yr after expenses, is it really worth it when work IS your life?

I see that as a typical "self-manage" situation, please correct me if I'm off, which I'm sure I am.

now in this case, it seems that servicefly took an entrepreneur's approach to starting the business and finding the someone to run it, granted even in this case you still have to monitor those in charge, you have to trust their judgment towards running the company and thus he can work on other endeavors or worry more about personal matters than business matters, whether it's financials or just leisure activities.

what I'm reminded of is in the Real Estate forum where a Realtor can make or break an investor... a great realtor can help get the business going while a bad one can take it down.

bottom line is it is a hard reminder of the real-world that all of us can learn from whether it is as fannocks suggested that you secure your personal financials or just make sure you have the right management in place, glad to see servicefly has moved on and learned from this, rep+++