Originally Posted by Bill Fitzmaurice
That's classic with an operation that's under capitalized. So long as you haven't made a payment that hasn't resulted in a shipment within 30 days and you don't mind the inconvenience that's one thing. But if you smell smoke there's probably a fire smoldering, and it could flare up at any time. Elemental Designs wasn't the exception for small operations, it's actually rather typical. Caveat Emptor.
It's not cash flow that's the biggest problem . Eric liked to build the stuff himself . I asked him why don't you you just hire a couple of people to increase production . He did acknowledge that he wants to hire a couple more people but has not had the time.. He worked for much bigger companies and doesn't want to go that route. He will need to hire some more employees because his product is too popular for a two man group to keep up.
His focus has been on his family situation the last few months and I don't think he was prepared for how the good reviews from Andrew Robinson and a couple of others would increase the demand for his product. He will need to refocus his attention to production or the good reviews will turn quickly to bad.
I hope his family situation resolves itself so he can crank up production
I hope he succeeds cause I really like his product .