Favorite team:LSU 
Location:Heath, TX
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Number of Posts:759
Registered on:9/1/2011
Online Status:Not Online

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For now we say we want to keep this rolling and no real exit plan. We have had PE ask if we are interested in exploring a purchase or merger with a different kind of staffing firm and we have been in such a build, build, build phase, we haven’t entertained the conversation.

Big things that slow us down—
State filings in all the different states.
Month end close outs and accurate P&L review.
Devoting a balanced amount of time for future growth and strategic planning, sales and recruiting planning and development, and diversification.

We’ve got a seven man sales team, five recruiters, an office manager/accounting admin, and ops director who runs payroll and workers comp (for now), and a recruiting manager, myself CEO and my partner, COO.

I’ve been in the business for 15 years. Last company I was with, I was a franchisee of sorts and we had a very forward thinking CFO. He understood employee law, workers comp, finance, taxes… he was kind of like a general
Manager. I don’t know if we need that position as much as we need a controller.

We currently have 700 employees working for us across the country.
Love to connect with you. Let me know the best way to touch base.
We ran at $15-17 million for several years and then jumped to $25 million in 2025. This year just exploded providing manpower for data centers. I’ve acted as ceo/cfo along with what I’d call two staff accountants. We average about 42 day turns on invoice to collections so money has rolled in well. We run a very lean business…
We have reached levels that are going to require a CFO or VP of finance role.

Background… we are about a $65 million construction staffing company, working in 17 states and focus on the MEP trades.

We are self funded. Just got a line of credit in the last six weeks.

What are you looking for in this position?
Canadian buddy of mine is on bourbon street with another buddy in August about 20 years ago. Eating like crazy. Drinking like crazy. Shites himself on bourbon street. So drunk, he gives no cares.

Tries to clean himself up, rolls on through the day with shitty boxers.

Gets back to his room and his buddy has shacked up with a girl and they are both passed out.

By rhis time my Canadian buddy is sober enough to realize what he did so he takes his shite stained boxers and puts them right on top of the girls’ clothes.

She wakes up the next morning and thinks the guy she hooked up with shite himself before they hooked up.

To prove he didn’t, he put the boxers on to show they wouldn’t come close to fitting him.

Some great laughs from that story.
Staying at Caesars. Don't shoot me for this, but Friday's plan so far:

Crabby Jack's on the way from airport to Caesars.
Deanie's tomorrow night.

Walk Bourbon Street during the day tomorrow and end up at Lafitte's.

Saturday and Sunday are wide open.
Coming into town Friday through Sunday. Foods we like:
Poboys--
Great breakfast--
Great gumbo--
Fried seafood platters--
Great fish
Fried Chicken

Give me your best--non touristy, but not crazy high-end.

We are in town to gamble, eat, and drink. Land Friday morning at 8:30 and don't fly home until Sunday night at 9:30 p.m.

re: Weekend Cigar Thread

Posted by JoseVargasTX on 3/6/26 at 4:37 pm to
Just lit a JFR Connecticut
One case of coors light longnecks in four hours. One beer, every 10 minutes, for four hours.

First two hours were easy. Second two hours I’d run out of time and have chug to catch up.

In an eight hour day, probably way more, but that four hour stretch was impressive, imo.
Five years in. Invested $320,000.00. We will hit $25,000,000 in top line revenue this year and have a very aggressive growth model for the next seven years. Goal is to hit $100,000,000.00 seven years from now.

Didn't take a check for six months, but paid support staff well.

We run our company on no line of credit. My $320,000.00 investment now self funds our own personal $3 million line of credit that we run the company off of. The hard part is keeping enough money in the company to run it at tax time.

Good luck.Jump in or you'll be asking yourself what if...
Broke a non compete and got hit for breach of fiduciary duty… settled that one with mediation.

Fired a piece of crap admin. She sued. We responded. Mediator suggested we pay her or pay our lawyer for a trial that awarded no attorney’s fees when we win—we paid her.

Wage an hour claim. Get sued. Court system so screwed up when we finally get to share our side of the story, the people who sued us realized they were suing the wrong employer.

Plenty answers that were I do not recall and I do not know.

Own businesses for long enough and people will sue you. After the last one, our attorney said… “don’t be surprised, but right now, someone is probably trying to figure out how to sue you.”

Learned that you answer an attorney’s letter with an attorney’s letter and we have moved to very aggressive answers after the above. Good times.
Correct me if I’m wrong on this but deductions should include:

1. Management fee
2. Mortgage interest
3. Supplies for the property
4. Yard and cleaning fees
5. My work and travel to the property to do work

What am I missing and is the above correct?
Flying into Destin tomorrow morning to look at 20 or so houses through Sunday midday.

Things you don’t realize—hard to get in to see the homes. They are rented and you have to catch them on flip day. Interesting comments on what is included in the 20%.

Next—I have a buddy who has a four bedroom with a pool and in 2024, he rented is 315 nights. It’s at Inlet Beach, about two blocks from the beach.

If we can rent at 240-250 nights per year, with tax advantages and appreciation, it’s a good deal for us.

Time will tell.
I went to fourth grade with Gary Redus’ daughter. CSB, I know.
LSU basketball camp summer of 1993. Walk out of the field house and there is a dude laying on the ground with a Cadillac hood ornament next to him. Look past that guy, there’s Shaq.

Dude had stolen Shaq’s hood ornament.

For some reason I had a disposable camera in my bag that day. Got a photo with Shaq, but he bluntly said he wasn’t doing autographs. We were both young in 1993. Fast forward and he has a house less than 5 miles from me today.

Have met Marcus Spears several times. Bradie James. Dale Brown.

Jonas brothers came to my work and we had to let them in back doors and give them private access. Good dudes.

Ran into Michael Irvin at a bar in Dallas—dude was a dickhead.

Ran into Troy Aikman at a convenience store where we were both buying miller lite. Had a nice conversation and shook hands as we introduced ourselves. Looking back at it, he was probably wondering why the hell I thought he needed to know my name.

Ross Perot—we catered a huge event at his house and he was a very nice dude. Wanted corn on the cob and that was the one food item we ran out of. I can still hear him saying… “where’s the corn on the cob? I want some corn on the cob!”

David Allan Coe… got on his bus after a concert. He signed a $5 bill and I spent it a few minutes later. It was still worth $5.

Former Dallas Cowboy Randy White… good dude.

I could keep going. Bringing back some fun memories.
Anyone else see the blue and white Air Force 737 today? I wonder what they were doing! Touch and gos and on the ground for a good bit.
Texas high school football playoffs… 1995, my junior year.

I played tight end and always went out with our QB in pregame and we tossed the football back and forth. I sometimes wore receivers gloves and sometimes didn’t. Depending on humidity and hot/cold, sometimes they didn’t feel right. This game I wore them.

Made several good catches in first half. About 50 seconds to play in the first half, coach calls a play where the qb fakes fullback dive hits me with a pass going straight down the field. I’m wide open. No one in front of me.

What do I do? Stick out my left hand and try and catch a perfectly thrown ball with one hand. Ball hits my hand. I juggle it back to my body and then it hits the ground. We punt and go to halftime down six.

Keep in mind, my dad was booster club president, my parents and many of the coaching staff hung out away from football.

Make it all the way through halftime and I thought nothing would be said about my drop… I was wrong…

Coach comes streaking across the lockerroom and kicks my helmet across the floor and says… JoseVargas… for all I care you can take those receivers gloves and stick them up your arse!

I played both ways and ended up having a great game and we won, but I still flashback to that drop.

WTF was I thinking? One handed catch for no reason.
Actually ate at deanie’s today and it blew Drago’s away. On the hunt for more food now. Ate a dozen charbroiled.
Ended up at dragos. Enjoyable meal.