[Noisebridge-discuss] noisebridge credit line - cashflow cushion / lasercutter

[jim]

uh oh.... 


On Mon, 2011-01-10 at 16:35 -0800, aestetix aestetix wrote:
> Nobody's asking you to do that. In fact, we tend to encourage positive
> and constructive discussions.
> 
> However, we are a community, and we work together. When you join a
> community, especially one that has been around for a couple of years,
> it's polite and respectful to ask questions about how things work, and
> why they work the way they do.
> 
> We generally don't work well when others try to impose authority on
> us. We work well when people create their own authority within
> themselves, and do things. For example, rather than saying
> "Noisebridge, you need a line of credit!", it might be a good learning
> experience to ask our treasurer if we have one, and if not, why. If it
> turns out we actually would benefit from one after all, then perhaps
> going and making it happen, and then reporting to the list "Hey, after
> talking to the treasurer, we decided to create a line of credit!
> Here's how it works, and how you can participate!" would be excellent,
> in my opinion.
> 
> I realize it might not make much sense, but that approach does work,
> and Noisebridge is a great place to practice it.
> 
> On Mon, Jan 10, 2011 at 4:26 PM, Patrick Keys <citizenkeys at gmail.com>
> wrote:
>         [blahblah money blahblah]
>         
>         Telling new people to Noisebridge to sit on their ass and
>         observe for
>         several months before commenting is ridiculous.  And instead
>         of
>         attacking me all the time, it might be best to just run the
>         business of
>         Noisebridge (yes... noisebridge is a business - a non-profit
>         business)
>         in a business-like manner.
>         
>         [more blahblah]
>         
>         Patrick
>         
>         
>         On 1/10/2011 4:16 PM, Dr. Jesus wrote:
>         > So talk to the treasurer, head over to the bank, and set it
>         up?  Is
>         > there some reason why you had to send this to the list?
>         
>         >
>         > On Mon, Jan 10, 2011 at 3:59 PM, Patrick
>         Keys<citizenkeys at gmail.com>  wrote:
>         >> Noisebridge needs a corporate line of credit at the bank.
>         >>
>         >> Here's how any business with any sense would do this:
>         >> 1) Make an itemized list of all the expensive stuff you
>         already have
>         >> here.  Those are called fixed assets.
>         >> 2) Take your average bank balance.  That's a liquid asset.
>         >> 3) Use the assets as collateral for the line of credit.
>         >> 4) Use the line of credit to increase assets and manage
>         cashflow.
>         >>
>         >> Go to the bank and get a credit line.  The best time to get
>         one is when
>         >> you don't need it.  Use the credit line for emergencies,
>         like the risk
>         >> of eviction.  Also use it to attract more people here by
>         buying cool
>         >> expensive toys, like the laser cutter.
>         >>
>         >> Instead of paying for the laser cutter all at once, you buy
>         it on a
>         >> lease-with-buyout-option like Josh mentioned.  That lets
>         you spend less
>         >> cash upfront and keep that cash to manage your cashflow.
>          That extra
>         >> cash pays the rent, keeps the lights on, and keeps you from
>         having your
>         >> back against the wall whenever the bills come in.
>         >>
>         >> Seriously... go get a damn credit line already.
>         >>
>         >>
>         >>
>         >> Patrick
>         >> _______________________________________________
>         >> Noisebridge-discuss mailing list
>         >> Noisebridge-discuss at lists.noisebridge.net
>         >>
>         https://www.noisebridge.net/mailman/listinfo/noisebridge-discuss
>         >>
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