The couch thread

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TerryB
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Re: The couch thread

Post by TerryB »

the thing that shocked me most about the plane thing was, you can't buy a decent jet for $750,000!

Glassman, definitely BUSTER, not baller, on that one

He wants to be a big shot but can't afford the couple million it costs to get a legit 5-7 seater jet with john
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Jay
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Re: The couch thread

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protobuilder wrote:the thing that shocked me most about the plane thing was, you can't buy a decent jet for $750,000!

Glassman, definitely BUSTER, not baller, on that one

He wants to be a big shot but can't afford the couple million it costs to get a legit 5-7 seater jet with john
Probably wanted some two seater with a wet bar


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Re: The couch thread

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Re: The couch thread

Post by Mountebank »

Lulz.
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TerryB
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Re: The couch thread

Post by TerryB »

$750 G's baby!
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Re: The couch thread

Post by Mountebank »

protobuilder wrote:the thing that shocked me most about the plane thing was, you can't buy a decent jet for $750,000!

Glassman, definitely BUSTER, not baller, on that one

He wants to be a big shot but can't afford the couple million it costs to get a legit 5-7 seater jet with john
The two Cirrus models that he could have been trying to purchase:
http://en.wikipedia.org/wiki/Cirrus_SR20
http://en.wikipedia.org/wiki/Cirrus_SR22

A 785-mile range and three seats (other than the pilot) means that this would only be a good investment if they were doing a TON of regional flights. One would be hard-pressed to justify the cost.
Last edited by Mountebank on Mon Aug 06, 2012 6:53 pm, edited 1 time in total.


TerryB
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Re: The couch thread

Post by TerryB »

a prop?

LOL

that's even funnier if true, that he wanted to buy a little turbo prop plane like that
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Grandpa's Spells
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Re: The couch thread

Post by Grandpa's Spells »

protobuilder wrote:a prop?

LOL

that's even funnier if true, that he wanted to buy a little turbo prop plane like that
What sort of planes do you own? Having a $600k Cirrus would be fairly sweet.
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Re: The couch thread

Post by TerryB »

Grandpa's Spells wrote:
protobuilder wrote:a prop?

LOL

that's even funnier if true, that he wanted to buy a little turbo prop plane like that
What sort of planes do you own? Having a $600k Cirrus would be fairly sweet.
For you or I, sure.

But if you're gonna try to be a big shot and fly around the country on a private plane, you should at least be able to afford an entry-level jet. You don't have to have the biggest Gulfstream but pulling up in a turboprop Cirrus, you look like the guy who wants to be a big shot but can't afford it.

Image

Look all I'm saying is, folks who can afford private aviation know the difference between the guy with a $600k turboprop who acts like he's wealthy, and the guys who are buying Cessnas and Gulfstream jets.

It also makes it look more like a vanity/personal purchase for flying up and down the coast, b/c a plane like that won't get you across the country without multiple refuels. What's the value to the company if it doesn't save you that much time to fly Glassman's drunk ass back and forth from California to level 1 seminars?
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Re: The couch thread

Post by Pinky »

Given the difference in relative safety, I think Couch should be encouraged to fly in his own small, private plane instead of flying commercial. I'll bet he can even find a pilot who's as good as any military pilot despite only flying once per year.
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Re: The couch thread

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Pinky wrote: I'll bet he can even find a pilot who's as good as any military pilot despite only flying once per year.
It's been shown that brief, rare, intense flying sessions are better than traditional pilot proficiency programs.

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Re: The couch thread

Post by Jay »

Pinky wrote:Given the difference in relative safety, I think Couch should be encouraged to fly in his own small, private plane instead of flying commercial. I'll bet he can even find a pilot who's as good as any military pilot despite only flying once per year.
@fit flight certs. We can make you into chuck Yeager only flying once or twice per year

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Re: The couch thread

Post by Yes I Have Balls »

If you're type that is afraid of dying in a fiery airplane crash, then perhaps you are not welcome in our ranks.


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Re: The couch thread

Post by Mountebank »

From two different commenters on The Naked Exerciser's FB page:
‎@ everyone: having worked as a Director within HQ and closely with HQ execs, and having been privy to the operation - CF literally spends every cent it has every month. It boggles my mind how much they spend for what they net. headcount of nearly 100 people, brings in roughly (let's guess 30-40million a year), that's about 400k a head. Salaries average pretty high, and I'd bet the mean avg is roughly 100k/person (very few take a lot of $ - speculate on that one), less taxes and other employee costs (insurance, etc). And you literally have about 1/4 of that gross take going to operational expenses. So literally, they make 0 net. The higher ups take out big salaries instead of reinvest into the operation. The only reason the operation persists is because it's relying on the bubble of growth to continue AT THE SAME PACE (sounds like silicon valley or housing bubble right?). Which is irresponsible. everyone knows that as you scale up, you have to keep pumping in money at greater and greater rates to get the equivalent amount of output that you got out at a smaller scale (this is precisely why Reebok deal happened - they literally couldn't afford to scale the operation. I was part of the team that designed the open competition).

TL;DR: It frustrates me that they handle things inefficiently. They spend every cent they get (often on personal salaries or ridiculous overruns or things not towards the core business). They could be so much more and impact so many more people's health/wellness - and do even greater for the world if they changed just a little.
And a different person:
Tom, a HQ has clear cash-flow management issues. As pointed out in the suit, HQ originally intended to buy the plane in January when the balace of $700,000 was due, but neither Greg Glassman personally nor HQ had that kind of money. They did have that money come July, possibly on the backs of the Games ticket sales. If Greg had had full control and yet not the required money, he would have either forfeit the deposit, or more likely would have sold say 2.5% equity for say $1MM for an investor in order to complete purchase of the plane.
Does HQ have any ex-employees who WOULDN'T be characterized as disgruntled?


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Re: The couch thread

Post by Blaidd Drwg »

thread turns like this one allow me to fall in love with hating crossfit again.
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Re: The couch thread

Post by Gin Master »

Blaidd Drwg wrote:thread turns like this one allow me to fall in love with hating crossfit again.
I looked to see if there was a "you said it" meme and found this. It can work.

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WildGorillaMan
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Re: The couch thread

Post by WildGorillaMan »

I'm sorry, but private aircraft are a terrible investment.

For one thing, you can fit way more booze and strippers on a yacht. Also, you can tell people to call you Admiral.

For another, $700k buys you a lot more boat than plane. Like this bad boy right here:

http://www.yachtworld.com/core/listing/ ... oto=1&url=
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Re: The couch thread

Post by Blaidd Drwg »

Gin Master wrote:
Blaidd Drwg wrote:thread turns like this one allow me to fall in love with hating crossfit again.
I looked to see if there was a "you said it" meme and found this. It can work.

Image

It's weird how every thread turns into a JezzyMilkyBooby thread...and by "WEIRD" I mean AWESOME.
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Re: The couch thread

Post by kreator »

protobuilder wrote:
Grandpa's Spells wrote:
protobuilder wrote:a prop?

LOL

that's even funnier if true, that he wanted to buy a little turbo prop plane like that
What sort of planes do you own? Having a $600k Cirrus would be fairly sweet.
For you or I, sure.

But if you're gonna try to be a big shot and fly around the country on a private plane, you should at least be able to afford an entry-level jet. You don't have to have the biggest Gulfstream but pulling up in a turboprop Cirrus, you look like the guy who wants to be a big shot but can't afford it.

Image

Look all I'm saying is, folks who can afford private aviation know the difference between the guy with a $600k turboprop who acts like he's wealthy, and the guys who are buying Cessnas and Gulfstream jets.

It also makes it look more like a vanity/personal purchase for flying up and down the coast, b/c a plane like that won't get you across the country without multiple refuels. What's the value to the company if it doesn't save you that much time to fly Glassman's drunk ass back and forth from California to level 1 seminars?


Obviously the plane isn't going to be used for flying. They will use it as a prop in the 2013 CF Games. Max spins of the propeller in 12 minutes or something.

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Re: The couch thread

Post by Jay »

I want the 2013 gaymes to be like the running man... now that will be worth the price of a ticket


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Re: The couch thread

Post by tzg »

Okay, and but so Anthos' involvement is supposed to be bad for them how?

But, seriously, get a competent CFO.

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Re: The couch thread

Post by Jay »

tzg wrote:Okay, and but so Anthos' involvement is supposed to be bad for them how?

But, seriously, get a competent CFO.
Its bad for them because now they have to be accountable for the spending, the salaries and the accounting...

Couch doesn't want that, he wants total control and THAT will be the downfall of @fit.


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Re: The couch thread

Post by tzg »

Don't you all find it interesting that the threats of legal action against TheNakedXFitter and the intimidation campaign against BeastModalDomains occurred so close to both the Reebok Games and this lawsuit kerfuffle?


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Re: The couch thread

Post by Yes, I'm drunk »

kreator wrote:Obviously the plane isn't going to be used for flying. They will use it as a prop in the 2013 CF Games. Max spins of the propeller in 12 minutes or something.
Unknown and unknowable.

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Re: The couch thread

Post by Turdacious »

What a duck says wrote:
protobuilder wrote:the thing that shocked me most about the plane thing was, you can't buy a decent jet for $750,000!

Glassman, definitely BUSTER, not baller, on that one

He wants to be a big shot but can't afford the couple million it costs to get a legit 5-7 seater jet with john
The two Cirrus models that he could have been trying to purchase:
http://en.wikipedia.org/wiki/Cirrus_SR20
http://en.wikipedia.org/wiki/Cirrus_SR22

A 785-mile range and three seats (other than the pilot) means that this would only be a good investment if they were doing a TON of regional flights. One would be hard-pressed to justify the cost.
There are legitimate reasons to get corporate jets.
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