The recession has put a few of my clients that are selling their businesses into a holding pattern, and I thought it would be a good idea to visit them and see how they are doing. So I made a circuit of three clients in Las Vegas (Henderson actually), Temecula and Burbank.
It was very cold, so I preheated the plane before heading out to Henderson. The client was nice enough to meet me at the airport so we just hung around, looked at airplanes and talked. He has some awesome opportunities before him, so I’m confident he’ll come back on the market within a year or so. I then flew into the sunset and on into French Valley airport for the night. I met a prospective client the next morning for breakfast, and then flew to Burbank to meet my next client for lunch.
This client has a solid company that seemed recession proof. We even had an offer on the company in 2009, but unfortunately there were very few companies that were recession proof in 2009 and he took a hit and took himself off the market. Things are looking up again, and we’ll see him back on the market in next year or two as his earnings rise and stabilize again.
I didn’t have to because the ceiling as at around 7 to 8,000 feet, but I flew at 10,000 feet all the way home in the clouds so I could get some safe but good solid IMC (instrument) time. All in all a good trip. It was nice to connect with my clients, the plane ran well, and it was a fun challenge to deal with the cold, the weather and the incessant LA air traffic.