Seems better than the doom & gloom constantly presented here on the G.Great? Funny, I read it and thought "what an interesting way to warp the data to say what you want it to say." Seems to be some pretty strong rose colored filtering on those glasses.
I don't think he was implying that you "pull it outta" anything. That would be anatomically impossible. (and painful) What he is saying is that opening and running a business requires some investment in the proper equipment and training to maintain your relevance in todays market. Do you need to go to a show every year? Probably not. Every two or three years works for me. Some need it more often, some not at all.Well, my disagreement lies with the "stomach spending $3000". Does that mean anything like "pull it outta my butt?" .
The problem Steve, is that Goltz pulled those numbers out of his a**. None of those figures had any factual basis.Seems better than the doom & gloom constantly presented here on the G.
Boy, alot of things being "pulled out" of tight places on this thread. Couldn't argue the numbers one way or the other, nor could anyone else. I was thinking more in terms of the general point of his article. Just a good food for thought article. Wouldn't hang my entire business plan on it.The problem Steve, is that Goltz pulled those numbers out of his a**. None of those figures had any factual basis.
To throw that many numbers around so wrecklessly is irresponsible journalism and a disservice to PFM's readership.
No, it would be reckless only if he presented his numbers as factual, which he did not. The man stated his opinion, nothing more, nothing less. I may question his opinion, but I have a great deal of respect for it....To throw that many numbers around so wrecklessly is irresponsible journalism and a disservice to PFM's readership.
Another thread taking place on the G asks the question, "What's wrong with our trade magazines?" Several have suggested that they would like to see more business oriented articles. So here we have a well respected, leader in our industry, offering a point of view for our consideration. Instead of soaking it in and gleaning any benefits and application for our own businesses, he is being taken to task for some illustrative numbers he uses to make a much broader point......you tell me why this is good, responsible journalism, that's providing a valuable service to the good people who read his column and may act based what they read.
Paul, I'm not here to defend Jay Goltz's opinion. Actually, my interpretation of the current state of the industry differs from his -- but so does my business experience....I would hardly call what he wrote an informed opinion...You call this responsible? You call this serving the readership? This isn't reckless?
"Those numbers might be right, but I think they’re easy to misinterpret."
He then spins them to fit his needs.
Now Jim, you tell me why this is good, responsible journalism, that's providing a valuable service to the good people who read his column and may act based what they read.
Unfortunately, even the Post or the Journal have been devoid of REAL journalism lately - it's all either sensationalism, covering stories that they know will sell more papers (even though there are much more newsworthy things to cover), or pandering to big business or politicians.It’s not journalism, nothing in PFM, Decor or PMA magazine qualifies as journalism.
If you want real news and reporting read the Washington Post or the Wall Street Journal.
Your being picky if your expect trade magazines articles to meet journalistic standards.
That doesn’t mean the information doesn’t have value because it does. I read and enjoy all of them.
You're right -- there is plenty to be learned by trying to understand others opinions, wheher we agree or not. We gain new perspectives that way, or perhaps confirm our own differing views.People that don't like the message which is being delivered will always try to shoot holes thru it. Whether you disagree or not, its still a provoking message we should pay attention to...
Well, sure. And for some, that's a good thing; for others, it's a bad thing. But there are also framers out there who are undecided about what to do. They have some resources and only need the motivation to take action. That may be the audience Goltz was addressing....Bottom line: The overwhelming majority of us will do things pretty much the same as always; it's just our nature...
No, probably not, which is why most of us wouldn't argue those numbers. The numbers are not the main point, are they?...What difference will that make? If market share is 36% or over 50%, will that create any different cause of action?...
That's the essence I got out of it, too, but you said it better than I did....More bottom line: They continue to grow and expand, while we continue to shrink and complain.
Wasn't that really what he was saying?
[/FONT]Jay Goltz said:Your success is going to depend on whether you have the stomach to go out and buy a $3,000 machine you should have bought three years ago
What I thought he said was that if you should have done something three years ago, holding off any longer is not going to do you any good.He then says your success depends on spending money.
I agree with that totally. But what really amps up that whole process is the news media. They keep telling everybody how bad it is until they believe it.But My experience is:
>somebody starts talking about a slowdown
>so a few customers stop buying what they don't really need & do some complaining
>the retailer they usually bought these things from notices a small drop in sales so they stop buying some equipment and doing a few less ads & they do some complaining about slower sales
>which in turn causes their suppliers to hold off on a few purchases, they start complaining a bit
>which causes their manufacturers to stop making a few things & they start complaining
> & they lay off a few fringe employees who really start complaining
>pretty soon the cycle repeats only by more people & they take a little bit more drastic action, and complain more
>eventually everyone complains alot & doesn't buy hardly anything because they can't afford it!
I hope you're having a profitable weekend Paul but if things don't pick up by Monday, just go out and spend $3K for a piece of equipment and business will boom (but not necessarily yours).Jay's welcome to come watch my shop while I go out to rustle up some customers. I haven't taken an order since Saturday, and that was a $200 job.
So while Jay's advice sounds well and good, it doesn't seem that way down here in the trenches.
Jim, you could not be more correct here. We have huge threats from overseas, from the internet, and from the BBs. There is no way to sugar coat this. Times have changed and we on this forum need to put our heads together to actually share our best ideas in the battle to fight back. I saw it first hand in the attitude of some wealthy people on our Italy tour. Cheap prices and ultra convenience trump all. Period. At least for them. And they are a HUGE group.However, factory-framed wall decor removes production from this country. Consumers are recognizing the value of this category of framing, and as consumers shift toward factory-framed wall decor, American production suffers proportionally. That is, the people and machines producing that kind of framing will not be here, but overseas. That trend will harm the American custom framing industry more than anything else that is going on.
I disagree, Paul. Legitimate businesses don't change their hours except in extreme emergencies. I am not saying this is not hard for you. It is. But I would use the time at work to develop the web site, start a blog site--this increases your web rankings--the one I use is free, take photos and develop your Photoshop skills, write some press releases and send them out. Work on marketing while the store is dead, use your credit on nbcreate if you have any, but don't go home. I see this as a slippery slope that is the beginning of the end for a new business.I think I'm going to institute "summer hours" -- instead of being open 10-5 on Saturday, I'm going to try 10-3:30. I rarely get a customer after 3:30 on Saturday, and the day itself is rarely a big shopping day.