You are making enough net profit to straight up hire a proven general manager to handle half of your job and to promote one or two of your guys with raises.
If you do that you will then own a business rather than the business owning you. Give your guys the idea that there ARE promotions and raises lurking in their future. Hire a couple of sharp young idiots they can push grunt work off to while the young guys learn the business.
Sell your GM stock in the company after 90 days of success. Get him truly invested in making the company work. Build an incentive program for everybody, get them invested in making the business (and you, and themselves) successful.
Six months from now you can move to one day a week having lunch with your GM, another day at lunch with your accountant. Once you’ve become a business owner you can then build a new business doing anything you find more interesting. You can go fishing. You can embarrass your kids by showing up for lunch at school.
Please don’t let YOUR bad attitude wreck a successful business that could support you and the employees for a long time. Take a little less money, use the time to do something else. Fuck it get a job and see if that’s what you like.
OR - get that GM and get all the cylinders firing, then sell the business and cash out. You may be rich and too blinded by burnout to even see it.
Hahahahahhahahahahaa please tell us you don’t think China gives a flying fuck about stealing IP.
Best thing you can do is keep your patent quiet and make your money as fast as you can before someone steals it. I can absolutely guarantee that if you sent a good idea to China for manufacture there is a mirror of it being sold in every market you can’t reach already, and it will enter all your target markets as soon as your IP is diluted fat enough to have no value in court.