RISKY BUSINESS IS COMING TO A CLOSE
As some of you know I opened a candy store coffee shop in Lakeside Mall called Candy Express/Seattle's Best Coffee.
We are closing it after this weekend unless a miracle happens in the next three days.
I tried my hand in the business world and it did not work. To be honest it is the biggest mistake I made in my life and it is something I must pay for for years to come.
But I sure can make a mean latte.
I got poor advice from people who were supposed to help me. But I am not writing this to blame them. I am writing this to blame myself. This is my fault and it is my responsibility to recover.
I am fighting to keep from filing bankruptcy. It is possible if I can get these debts extended over many years rather that many months. My mistake is I put my family at risk. It is something I never wanted to do.
And there is another major issue. I love my kids Celine and Little B. There has been a very close bond between me and Little B especially. He hates it when daddy leaves and grabs my leg when I leave for the store on Saturdays. I need to cut back to spend more time with him and resume having family day which used to be every Friday evening. Any hardship I face will be worth the extra time I spend with him
I spoke with a business consultant who said we could earn a small profit at Candy Express if I quit radio and ran the store full time. I declined the offer because I believe our show (The Sports Inferno heard daily from 10 a.m. - 1 p.m. on 1270 AM) has great potential. I want to ride this show and see how far it goes.
I got into business for two reasons. I was convinced I was going to be fired at my newspaper job and thought this could be a new beginning if that happened. I also was not doing full time radio and I was coming to grips that my radio career was coming to an end.
2. I wanted to make some cash to start a college fund for my two kids and then sell it.
Well I was the one who got the education. It has been an expensive education, but I am man enough to deal with it. I have to do it for my wife and kids. They never asked for this.
Now it is up to me to be a big man and make life right again.
Let me tell you a brief story of where I came from. I remember living in a rat infested neighborhood where boys used to stand on the garbage cans and pelt rats with bricks. One morning I woke up early for breakfast and one of the rats was invading my box of cereal. It scared the hell out of me.
As I grew older I vowed to never put myself or my family in that predicament. We are not close to that happening. But my motivation for the next few years will be that rat and that box of cereal. I don't want to return to that.
I earn a good living. I work at The Detroit News and WXYT. I do commentary on Fox Sports Net. I am still earning a nice living and will look for more freelance opportunities. I simply need to chip away at a monster that won't go away for a few years.
Or I could hit lotto (see I can still laugh).
If anyone has any advice I sure could use it now.
But do not feel sorry for me. One of the benefits of business is I got to meet a lot of people and listened to their stories. And they were sad ones. I got applications from people earning less than $5 an hour.
I talked to people who were laid off, who came in with their final paycheck to get some candy before trying to look for another job. These are the people I feel sorry for. I hired some to help them. I knew I could not pay much, but I always told people to work here and use it as a spring board to move on to something bigger and better.
I am proud to say a few were able to do that.
I helped some people and that makes me happy.
As far as this business is concerned I have shed my last tear. I am now going to fight for my family.
My two kids will never see a rat in their kitchen.
Daddy will make sure of that.
(Candy Express is located in the food court by Sears in Lakeside Mall in Sterling Heights. All candy is 50 percent off. Come clean us out if you are in the neighborhood.)
(My email address is Fosternews@aol.com and my voice mail is 313-222-1494)