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Showing posts from April, 2017

How To Successfully Run A Commodity Based Business#commoditybusiness#freebusinessadvice

How To Successfully Run A Commodity Based Business I have over 26 years of experience in a commodity based business. As a matter of fact, it wasn't just commodities, it was the number 2 traded commodity on the planet, coffee. Although I will be referring to coffee in this article, this information will translate into any commodity based business.
One thing I do want to point out, that perhaps many haven't considered. Almost every business, if not every single business is affected in some way by commodities. Whether it is a meat packer buying boxes(by the way beef is a commodity), or a bakery packaging mini muffins in portion controlled lots. Yes, board to make boxes is a commodity, and many of the packaging materials a manufacturing facility uses is petroleum based. I could go on and on, but I just wanted to point out that understanding commodities and how to manage and minimize your exposure to wild price swings is an extremely important skill. So I'd like to share my philo…

Critical Lessons Learned Through Experience Along The Way#businessnews#criticalthinking#thoughtleadership#entrepreneurs

Critical Lessons Learned Through Experience - Sometimes Life Comes First! In order to succeed in business you must be full of piss & vinegar(organic vinegar of course). No, but really, you do need a drive and a focus that is not your average smart, high performing executive or key employee. Those are all great professions in their own right, but if you want to own and run a successful business, you need more!#successThe reason why I know this, is because I lived through it and experienced things that most people, even your average business owner never encounters throughout their entire careers. Now I am not writing this to sound like some "Dhali Lama" or some prophet of business. I am simply stating that many of the things I dealt with and mostly overcame were much more intense and had more impact on my family as well as myself, as I sit back and recount the past. It takes extreme stubbornness, self belief, confidence, decisiveness, the ability to live and learn from your…