I was better at being the eccentric who casually dropped by. You know, that guy in the jeans walking up is our chairman? Yeah, thats him, the famous Howard Jonas. Hes a genius, hes a visionary. Why, here he is right now. Let me introduce him.
So we all shake hands and I make some modest small talk. And now they all stand around waiting for me to say something brilliant and memorable.
But guess what? Ive got nothing brilliant to say. I can barely believe Im standing here with these guys. Theyre really important. They run big companies. So I have to fake it.
Im so glad youre here, I tell them. What an honor to meet you. I wish I could talk to you all day, but Ive got an important call Ive got to take from my investment banker.
Oh, your investment banker. Better run and get it. This they understand.
A little white lie? Not at all. The bankers are on the phone all the time now. Weve just passed a quarter billion in sales rates, with growth accelerating and profits up fivefold, and suddenly everyone wants to give us money again.
Howie says we should take it. We need it to keep growing, but this time it will be on our own terms. Well grow because we need to, not because Wall Street tells us to keep up with the latest fashion. Howies almost always right, so well probably take some of it. There is a fine line between being proud and lean, and being foolhardy. As I said before, modern businesses need to be capitalized on a scale unheard of in earlier generations. But I will never again be pushed into making business decisions that are unwise for the sake of the stock price or the market. Ill talk Howie into taking less than theyre offering, and only what we can prudently use. I think its better to run things lean. Ive learned the hard way, and Id much rather run a streetwise, profitable, growing operation than get spoiled by having too much money in the bank.
Today, however, Im not going to take their calls. Our new investor relations person (okay, so I caved in, but were a public company, after all) can handle their calls. Its been such a roller-coaster ride, I just need to get away and relax. To think. To plan the next move. Mostly to take a long vacation with my wife and kids, and spend time together. Think Ill be bored? Dont worry about it. Afternoons, Ill be by the water. Nights, the guys can reach me on the phone or fax. And how bout the mornings?
Oh, I dont know. Id like to do something creative. Something stimulating. I think Ill just sit with Debbie and write. Not a novel. I dont have the imagination for that. I think Ill just write the IDT story. Yeah, that would be interesting.
No ghostwriter. No investment bankers. No computers. Just me, with a pen and pad and my wife. I bet people will really find it interesting. I mean, who could imagine that all this stuff really happened?
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