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Tales Of A Fourth Generation Textile Executive: Sorry, you have to wait until Monday
Sorry about that premature post. I was editing, and hit PUBLISH instead of UPDATE. I hate that. Check back on Monday for the Real Thing!
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Tales Of A Fourth Generation Textile Executive: Who Will Be Selling For The New FreeSpirit?
I have been getting a lot of questions about who will be selling the FreeSpirit Fabrics when we close the deal later this month. I 110% recognize the need for a wider distribution. Being that I am in charge of the sales side of our businesses, this is my priority and I will be studying this closely as we progress. In the meantime, outside of a few changes discussed below, I am going to observe and then act accordingly when the decision becomes crystal clear. The sales tell a story and I will let them lead the way. US & CANADIAN REPRESENTATION The majority of the current multi-line reps will…
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Tales Of A Fourth Generation Textile Executive: Good Things Come To Those Who Patiently Wait For The New FreeSpirit!
I love to hear all the chatter and optimism surrounding the Jaftex purchase of FreeSpirit. On Facebook, I saw someone said, “Good things come to those who wait” and I couldn’t agree more with that statement. My family is in this for the long haul. We are studying all aspects of the business to see what can be improved, simplified and streamlined. I spent a bunch of time reviewing the surveys, that Coats compiled in 2017, to read what shop owners had to say about the business. The info was very insightful. There were a few common themes that will be tackled first. You will be happy to know that…
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Tales Of A Fourth Generation Textile Executive: Doing Good Could Be Addictive, But Be Careful
2 I have been debating back and forth for awhile whether or not I should share this crazy story or just keep it between me and me and the other person involved. Mind you, I have only told one person this story and it was not until just recently. I didn’t even tell my wife yet….sorry Laurie. On a trip to South Carolina many months ago, I took an Uber to my hotel. As I usually do, I started chatting up the driver and making small talk. Nothing out of the ordinary until the driver opened up about the fact that her boyfriend was abusing her and her child and…
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Tales Of A Fourth Generation Textile Executive: Patience My Friends, Always!
I have been having a lot of crazy dreams lately and I think it is because the horrible shooting that occurred in Parkland Florida. God bless all those that were murdered. The most recent dream really blew my mind and freaked me out. Ready? Here goes. Let me reiterate: This is a dream. As you hopefully know by now, I am giving away sewing machines to people down on their luck or struggling in life (broadly defined by me). As I write this post, I probably have a pile of around 50-60 new requests for machines waiting to be reviewed and addressed. I continue to work through the pile…
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Tales Of A Fourth Generation Textile Executive: Been Caught Stealing
There is nothing I hate more than wasting my time. Don’t you agree? I waste my time…..and money when I have to call my lawyer. Recall that I hated law school and the idea of lawyers in general. There is no bill more annoying to have to pay than one from a lawyer. Oh, well maybe the accountant too. I am stuck wasting my time going after people stealing our designs yet again and acting as if it’s okay. I was recently informed that there is a website where someone is selling kids clothing with our designs on them. As I delved further, I found a company in China that…
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Tales Of A Fourth Generation Textile Executive: Who Knew?
Who knew? Who knew that my world was going to be turned upside down because of this deal? Who knew that my work life would never be the same again? Oh, if you haven’t heard, Jaftex (my family business) purchased FreeSpirit in the deal of a lifetime, said I. Who knew that my phone would be blowing up with so many congratulatory calls? Who knew how hard it would be to keep up with the outpouring of positivity, excitement, encouragement, relief and love. I am not kidding. Let’s hug it out!!!!!! (I hate when people put a million!!!!!!! in a row). Our shareholders, meaning consumers and shop owners, have…
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Tales Of A Fourth Generation Textile Executive: The Rise Of The Superfan
I am totally obsessed with the television show Curb Your Enthusiasm lately. I went back and started watching the original episodes and I just can’t contain my laughter. I am talking belly laughs, drooling, hyperventilating, headache kind of laughing. You know what I am talking about, right? In a recent episode, Larry David, the star, has a whole schtick whereby he judges people on whether their appreciation or thank you is in line with the kind gesture of another. In this case, Larry’s act of kindness was to let a co-workers’ married relatives stay at his house for a couple days. It’s freakin’ hysterical and you should check it out.…
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Tales Of A Fourth Generation Textile Executive: The Deal Of A Lifetime!
Hello Friends! It happened! The rumors are all true! Yes, my family is buying FreeSpirit in the deal of a lifetime. While I was out enjoying vacation with my wife and kids for school break, my dad, Robert (3rd generation), and brother, Greg (4th generation), pulled off what I think will be our most pivotal acquisition ever (we have had around 15-20 companies under our Jaftex umbrella in our 88 years in business.) They put this all together on their own in record time because they wanted me to not be bothered on my family vacation. That is what a family business is all about. With support staff, lawyers, accountants…
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Tales Of A Fourth Generation Textile Executive: The Roads Are Endless For Scott’s Free Sewing Machines
My favorite poem of all time is the Road Not Taken (you can listen to it here). I always like to revert back to this poem because it is very relevant in life and especially in my life. Of late, I think about the different roads that Scott’s Free Sewing Machine project has taken me down and it is truly remarkable because without the adventures, I would be on the same old boring path. Remember happy boring Scott? Life is too short to just be on auto-pilot down the same path day in and day out. Sometimes you just gotta mix things up and stir the pot. Let’s talk about the…