Found this letter from a wise father to his son on the internet.. excerpt that most appealed to me posted here
My only expectations of you are that you live a happy life, and make the most of every day. Do what you enjoy. A man who does not enjoy his work is a laborer. A man who utilizes his talents in his work is fulfilled. Don’t compare yourself to other people. If you do, you will always find greater.. and you will always find lesser. So what’s the point
I have always believed that a man’s destiny begins with his thoughts. Someone once said: “Your thoughts can become your actions. Your actions can become your habits. Your habits can become your character. And your character will become your destiny.” So think good thoughts, and everything else will fall into place.
read more about the company here and here and here
interview with CEO Patrick Woodyard
Ted X talk
Film: True Cost Andrew Morgan
product has to compete with the best
recruitment: passion with purpose
advisors: humility, reached out to 100 people. Email list – start to add value. Going deep with a core set
challenge: alignment, cash flow
5 things we are focussed on this quarter
Objectives and Key results OKRs
people are most important, focus (cannot do it all)
READ: essentialism – george mcquen
Security is mostly a superstition. It does not exist in nature, nor do the children of men as a whole experience it. Avoiding danger is no safer in the long run than outright exposure. Life is a daring adventure or nothing at all.
Success consists of going from failure to failure without loss of enthusiasm. -Winston Churchill
The Republic Of Tea Could Be Worth $125M, But Its Exec Is Still Not Selling
Rubin has been told other specialty tea companies are selling for more than five times revenue, so the Republic of Tea, which topped $25 million in revenue in 2015, could be worth as much as $125 million. But he says he’s not interested in selling. An effusive 66-year-old, he recently doubled down on keeping his company independent, executing a plan to turn over the reins to his son Todd, 35. “I wanted this not only to remain a family business but also a generational business,” says Ron, who has started a new venture, a Sonoma winery, and says he considers himself a “zentrepreneur,” explaining, “An entrepreneur creates a business; a zentrepreneur creates a business and a life.”
- Purchased in 1994
- Promoted the complex and artisanal characteristics of tea as if it were wine.
- No interest in international growth
- Stayed in the specialty universe: 10,000 domestic channels
- Skepticism of growth is rooted in his aversion to debt
- Decided to remain debt-free and expand from sale
Petaluma loves the ukulele
- In 2005, Mike Upton, the founder of the Petaluma-based company Kala Brand Music, sensed the start of something great.
- Upton left Hohner that year after the company moved and borrowed $70,000 from his father to create Kala Brand Music, which specializes in producing and selling ukuleles.
- He’s spent the past 11 years developing the perfect ukulele as the company continues to expand.
- In 2015, Kala Brand Music saw more than $20 million in sales, with an estimated 500,000 musical instruments sold across the globe, he said.
- The company grew 11 percent last year, with an expected 25 percent growth in 2016, he said.
“I want all the colors, processes and designs from each culture to blend. I redesign them and mix up the processes in ways no one has ever done before. I try to edit them, learn from them, make them my own but retain their essence. In piggybacking these designs and techniques with each other or with my own ideas, what emerges is new and fresh, and yet retains that sense of tradition, of the handmade” – John Robshaw