Old Habits Die Hard In The Third Age Years...
By Jim Green, Sat Dec 10th
I spent a lifetime in retailing and I’m still at it inretirement; albeit virtually.
You know how it goes.
You put up a web page and throw in some stock.
Your page begets another and another and another until one dayyou’re looking at a site that’s got more stock thanBloomingdales.
But you can’t stop…
The old sourcing skills are making a comeback, sharpening theirtalons, and coaxing you to duck and dive, bob and weave to findstill more stock at even better prices.
So you build another virtual retail store and then another andanother and another until you’re looking at an empire.
Then you diversify.
If you are upmarket, you go downmarket.
There no shareholders breathing down your neck or smart ass vicepresidents demanding that you pull in the reins.
And so you build a bargain basement store and another andanother until you’re looking at Wal-Mart.
Expending your energy in this way is fun; it’s therapeutic, andif you go about matters in the right way, it doesn’t cost a thindime apart from hosting fees – and it can be hugely profitable.