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Happy Christmas
Seasons greetings to all. I have been working on the next fortune – only it is nothing I can share until everything clicks. Hopefully I’ll blog about it afterwards. Between now and 5 Jan 2004 I hope to do nothing related to business or investing. Well except for some reading, planning and thinking. The aim…
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Winning Business
As expected, the traffic to the warehouse sale has dropped off over the last six weeks. Two weeks ago, I asked our advertising sales rep at Fairfax Community Newspapers to radically change the look of our ads. We really liked the first design they produced for us, but it was time for a change. We…
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Business Software Blues
I’ve decided I cannot run the company for another year using our dumb software. We use MYOB for financials and a custom written stock control system that doesn’t integrate to anything. Because we run multiple warehouses and supply consignment stock to distributors, MYOB can’t handle it. We can go for a proprietary solution. But that…
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Shutting down WA
I shut down my Perth warehouse last week. The week before they had reported sales of $74.55. For that I paid rent on a warehouse and a retainer for the Manager. The bloke over there seemed more interested in getting toner for the photocopier than generating sales or distributors. The warehouse sale in Sydney keeps…
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Get a lawyer son
I was in court on Friday for the Geezer’s assault on me. The staff who were witnesses were also subpoenaed to appear. He denied punching me or hitting me with an office chair, but admitted only pushing and shoving me. However they argued he was a fine citizen an a pillar of the community. They…
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Making tough decisions
My Western Australian operation is a mess. The manager I have over there was a fantastic sales rep and a all round good bloke. Unfortunately he isn’t generating the results I am after. I don’t think it is his fault as such, but he obviously isn’t the right guy for the difficult job of turning…
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New Name Needed
I’ll need to rebrand the book, toy and gift company in the new year for two reasons. I’m not talking about WealthEsteem.org or Wealth Esteem brands here. Firstly I cannot get a good trademark on our current brand names. That means that any brand equity I build is at risk to similar named companies or…
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Warehouse sale continued
Last weekend’s sale was 60% better than I’d hoped. At 11am on Saturday people were lined up nine deep at the cash register. As a result, I’ve rebooked the ads and we’re on again over the next two weekends. The ad booking got messed up for this weekend so we are only in one local…
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Fantastic result
The absence of posts is because the warehouse sale was a hit. Details later as I’m late for a meeting. I haven’t had time to pause since the last entry. I am very happy
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Warehouse Sale
This weekend (1st and 2nd November) we’re having a warehouse sale. It’s at 20 Stennett Road Ingleburn NSW. Take the Ingleburn Industrial Estate exit off the M5 and we’re 3 km from there. I’m clearing all the ceramics and lots of books and toys. Mostly below cost. Drop by if you can. I signed off…