We are no classical, that’s one thing we did not pick up during our uni days. Truth is, we are permanently glued to the 80s…a bit of Culture Club,OMD, Pet Shop Boys, Midnight Oil …and more ! Those were the happy days !
Shopping in HK is no longer cheap as compared to the earlier days, the absence of a sales tax has been off set by the expensive rent, and our HK dollar is pegged to the US$ …. !! So, if you are looking for the best deal, know the shop well, establish a relationship with the seller and know the exchange rate !!
Truth is, the online shop you see today is our third generation. The previous version was being attacked by spammers, viruses and other malicious malware (a name we had recently acquired). Obviously we were spazzing out during the attack, our frantic calls to the given cell phone (or any phones) and emails were unanswered we were beginning to think the firm may actually be out of business !!! At long last, the very first reply we received from them was “we are not liable for the attack, and it will take about 2 weeks to fix the problem”.
The workflow of the FCPX is almost identical to the iMovie, and this makes life so much easier and the transition that much smoother. With the power of FCPX at hand, we’d realised the missing link to open the pandora box was the 4K camera. And so the search for the holy grail began.
We have today, the Twitter, Facebook, Instagram, WeChat, Line, LinkedIn, Pinterest, WhatsApp, Youtube and a million other apps to stay connected. Everyday we would come in to the office, turn on the computer, scan through each socially connected site to see what’s what. By the time we have finished “staying connected”, half a day would have gone by and half the emails are unanswered.
We humbly admit the Blackmagic camera serves as an item of desire, and the statement on “Video as a Marketing tool” is just a lame excuse for us to go shopping !
The extra width makes the strap look even more “vintage”, so this oversized approach is more suitable on the “vintage” straps. The clean colourful preppy strap is best suited with the exact fitting, it simply feels more right in our opinion. We did a short comparison at the end of the video.
Our business partner in Macau has decided to cease its operation. We had called the Macau Shop as our second shop so as to show our support to him, but in reality the shop was completely independent to Annie Barton.
So where did it go wrong? Anything to everything that could possibly go wrong, did in fact go wrong !!
The incident serves as a rude awakening for us and put us into a new perspective. In addition to the regular business planning and what nots, we have learned a few more new things
The question that mesmerizes us is, how do we valuate a company? by discounted Cash Flow? or use the PE ratio and multiplying it according to the industry norm ?? If done so, we would be paying the investor instead, and where is the logic in that? Goodwill valuation seems less damaging and its definition includes “pays more than the fair market value of the net assets” !! Getting more than a fair share is good, greed is very good, and we like the smell of the green !! We are beginning to sound like a desperate idiot 🙂
We don’t like inventory !! It’s fair to assume all companies do not like inventory, and all SME retailers are horrid with inventory. Yet the lack of inventory would also result in a loss of sale ! Oh it’s wonderful to be a business operator, we get to play the balancing act everyday !! 🙂