IKEA | Modeling Business for Others | Price Drops on Thermometers and Gowns
Happy Thursday!
Welcome to the CablesAndKits CEO daily email. Read more about this email by scrolling to the very bottom.
I don’t know if it’s true, but I heard …
IKEA is an acronym which stands for Ingvar Kamprad Elmtaryd Agunnaryd, which is the founder’s name, farm where he grew up, and hometown.
Today I met with a former CK team member for lunch. He left over a year ago and went out on his own to focus on sourcing products overseas to save his clients money and reduce overall time and aggravation. We do this too, but he wanted to focus 100% of his effort on it as well as radically change his lifestyle which included selling his house and moving a few hours away to be near family.
We met because we are still great friends that don’t get to see each other very often. He was in town on business and we were able to connect which is always a great time and today was no exception. One of my favorite people!
In addition, we are working on a project together and were able to discuss it a little. He has a client that he’s manufacturing several thousand sneeze guards for that will go into retail locations. He’s not setup for logistics, nor does he want to be, so he asked if we could handle that aspect. I gladly accepted because we have a great team and great operation that handles warehousing, logistics, and pick/pack/ship every day. We’ll receive several containers full of product, then stage and process over 100 pallets to over 60 locations nationwide. Fun!
When I left our lunch appointment today I was thinking about how not only have we remained great friends but how he also trusts me/us to handle such a critical aspect of this deal for him. And this is a guy that worked for me for 10 years and knows where all the bodies are buried! Haha.
[Read more…] about CEO Daily Update — 8.27.2020