Mask Prices Reduced Again | New Hand Sanitizer Sizes | Our First Radio Ad |Manic Mondays | COVID Stats & News Update
It’s Monday!
This is the first thing I thought of when writing “Monday” … https://www.youtube.com/watch?v=SsmVgoXDq2w.
I really do love 80’s music. They don’t make it like they used to!
I don’t see Monday’s the same as was talked about in this song. The truth is, I LOVE Mondays. I LOVE working and am always excited to see what the week holds. In fact, since I do a lot of sourcing overseas I start my work week Sunday night around 9pm (which is Monday morning 9am China time). In the “old days” (Pre-COVID-19) I would work till 11 or 12 and go to bed. Now, I work until at LEAST 2am, many nights till 3am, and some nights (like Sat night) till 6am. I slept 1 hour and was back up at 7 when my girls were pouncing on me saying “It’s Mother’s Day!”. Who needs sleep anyway. I guess I can sleep when I’m dead. But I digress …
On the upside, after trading sleep for opportunity, it seems like we are really headed into the health & safety supplies business. Costs, and therefore prices, are nuts right now, but demand is high and supply is low, so that’s creating a lot of business for us. The trick will be getting prices down as costs go down and supply and demand normalize, and through that, maintain customers long term. In fact, that is exactly how CablesAndKits was started. We launched at a time when pre-owned Cisco was in high supply and high demand after the dot com crash. That created the need for the accessories to go along with the hardware. I was in the right place at the right time and took advantage of the demand and created the supply. Then, over time as costs came down and competitors crept in, we were able to lower prices to stay relevant. We had our missteps but that’s another story you’ll hear about here and there. Have you found any opportunities in the midst of all the change we are in the middle of?
[Read more…] about CEO Daily Update 5.11.2020