Is it possible to quantify the effect this current worldwide economic malaise has on the launch of products? Anyone here involved in the industry have any comforting information that would alleviate the anxiety of the timing issue?
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greg bruce
111,750
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joseph jackson
121,250
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Andrea,you go girl. |
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greg bruce
111,750
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A big resounding congratulations Andrea! I hope they sell ten million. |
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Andrea Zabinski
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Carol well said…also, the product idea has to be a big winner too, it’s about timing and a great product… |
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Carol A. Williams
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Greg, I must restate, my conviction: “This current worldwide economic malaise” an “inventor’s haven.” Identify a need, figure out how to solve it, and the consumers with that need will buy it. Eggies is a “good example.” :-) |
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Toni LaCava
288,250
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Great talking to you Zabber xo |
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Andrea Zabinski
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Toni, I will email you!! :) AND THANK YOU! |
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Laura Anderson
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Congratulations Andrea!! :-) |
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Toni LaCava
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Congrats Zabber, did Lifetime ask you to sign the contracts first and then they start testing or vice versa. I know someone who was |
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Andrea Zabinski
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Greg I just received a contract from Lifetime Brands my experience is that companies are always looking for new and innovative products, especially kitchen products with any downturn! People are staying home more, cooking at home more and the kitchen industry (specifically) is booming…so, other than the kitchen industry, I think if you looked at the businesses closing its usually bad decision making and also no innovation in most cases…companies IMO need innovation to stay alive, so keep on with your efforts. |
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Ralph Machesky
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For what it’s worth- The fact that EN and thier sponsors control the decisions that will be made kinda puts the whole question in perspective: There is nothing you or I can do about it anyways. Why worry about ‘what ifs’ when you cannot control or influence the outcome anyways? I understand the reason for your concern, but seriously… relax. Your’e an Everyday Edison and hopefully onto bigger and better things regardless! : ) Please don’t take this the wrong way, I’m not all trying to negate your statement at all, since I had the same thought for a moment (after I learned of the impending EU collapse) … and quickly dismissed it. I find that half of life’s challenges are knowing what to worry about in the first place. The Serenity prayer goes like his: God, grant me the serenity And I’ll leave you with my favorite M.I.B. movie quote (trying to remind myself of this as well) Agent K: There’s always an Arquillian Battle Cruiser, or a Corillian Death Ray, or an intergalactic plague that is about to wipe out all life on this miserable little planet, and the only way these people can get on with their happy lives is that they DO NOT KNOW ABOUT IT! |
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greg bruce
111,750
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Darwin I get it and I appreciate the pep talk and I’m guessing there are some professionals, executives who deal with black and white, make or break decisions that affect a products destiny, here in this family, and wondering if one might offer his or her insight based on empirical knowledge. Not just subjective optimism but conversation based on objective information similar to what Michael and Chappy have listed. Corporate key decision makers use much more data than that including world economic fluctuations and forecasts. Betsy will tell you that the launch of Eggies was postponed due to an egg recall. Even the best of products has tight margins and launching at the wrong time for instance just before the recall would have had very adverse effects on the all important first quarter sales. Thank God that didn’t happen but it is a good example of the importance of timing. |
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Darwin Roth
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Greg, are you so sure you fit here? lol The time it takes to win on en or and the time it takes to get a product to market, let alone making a profit. You gotta be a super optimist to keep going… |
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Carol A. Williams
32,500
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Greg, Here is another interesting read and fairly current as of December 1, 2011, “USPTO Moves Quickly to Implement American Invents Act” I would consider “this current worldwide economic malaise” an “inventor’s haven.” |
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Charlie Lumsden
146,500
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Infrastructure sucks (up a lot of loose change), but so then does space and time. Getting your feet wet in the Rio Brands search yet? Boa noite |
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Michael Heagerty
404,500
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Things are going well for our company Greg, which tends to be a pretty good indicator across the board. Agricultural Products volumes were up 3 percent in the first quarter 2011 compared with the same period This year we were able to put approximately $3.8 billion back into our infrastructure…could be worse. |
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greg bruce
111,750
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Thank you one and all, a welcome surprise to be sure. I didn’t expect such optimism. Quite revealing of the American spirit. Vive la E.N.! |
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Carol A. Williams
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I think not Bruce! Check out this article. Keep on inventing! http://www.usatoday.com/money/smallbusiness/201... It is quite encouraging! |
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Carol A. Williams
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I think not Bruce! Check out this article. Keep on inventing! |
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K J
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EGGIES should give you some comfort. :-) |
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James Chapman
155,750
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If you want the worms view from a Realtor… Last year at this time we had more than 15000 listings on the market as a volumous supply holding prices low. This year we have only 8000 llistings on the market and some properties in some areas are selling for more than the lowest price comparable. That is a condition that hasn’t been true since 2005. Real estate markets are not the end-all indicator to the economy but it is a barometer. My two cents… Funding for projects is still on lock and I have a direct “In” on that, I think. |
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Darwin Roth
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Stop watching the news, remember, sad sick and the like sells. The news is a business, be choosey. Or not, I choose to look for the earthy stuff on a local level. Remember how good of a black Friday we just had, for example. |
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Scott Thieman
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It really boils down to is it good timing for you. What anybody else thinks or says doesn’t matter. It’s what you believe, not what you know. Trust me, if you want all the facts, you will be left wanting. When I started my business it was the beginning of this recession. My business has continually grown. The business became self sufficient this year (making a profit) and I don’t have to invest anymore into it. If I do it will just mean that I’m more efficient than I was before (hopefully). If one starts during a great boom, and the economy tanks, where would you be? No one knows. If it’s right to start for you now, and the economy takes off where would you be? No one knows. |
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greg bruce
111,750
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Darwin I appreciate your optimism and compliments to Cat. I also heard today from the Europeans the Euro is on the brink of collapse and I believe they are our biggest trading partner. I cant help but imagine the ambiguous effect these dynamics have on the strategy at E.N. |
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Darwin Roth
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Greg, ol buddy, my opinion on this, you are just thinking way to hard…lol Take that lovely lady on a cruise or something fun.. I am seeing more broken ground around town and the house across the street just got flipped,,,,have not seen this much activity in a long time. |
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