February 8, 2012

Here Is One of My Secrets to Making Money (Or, How I Once Bribed Women to Code for Me with Diamonds, Rubies, and Chanel)

Diamond and Ruby Bracelet with Bottle of Coco Chanel Mademoiselle Perfume

The Secret: Strike Deals Where Everyone Has Limited Downside and Harness the Super Power of Incentive Some of you have been writing to me privately and asking about the early days when we started out and were trying to build our companies.  I thought it would be useful to share some of the things we did during that time that worked out well ... and maybe I'll even talk about those things that didn't work out so favorably.  I hope you find it useful in your own endeavors. When Aaron and I … [Read more...]

Coco Chanel Only Owned 10% of Her Business – Intelligent or Stupid?

House of Chanel Boutique Storefront

I am going to start reading several biographies of Coco Chanel before long, so I made a run to a department store today to pick up some Chanel products (I have a habit of wanting tangible representations of whatever I'm studying around the office, which is why we need "investing cabinets", which contain things like miniature Hershey Chocolate trucks and replicas of Wal-Mart Supercenters from whenever we were buying shares in those companies years ago ... it is a way I make the money … [Read more...]

Somewhere In the Universe, Coco Chanel Is Dying All Over Again

Coco Chanel Does Not Approve

At a somewhat upscale department store (think lower than Nordstrom's but higher than J.C. Penney) and on the way out the door, front and center, were these monstrosities that were selling for $48. Somewhere in the universe, Coco Chanel is screaming at God that her death allowed this to happen.  It would not have been possible in a world where she lived.  If she were still here, I have no doubt she would personally pour lighter fluid on these moo moos and burn them, condemning them to the … [Read more...]

In Response to Question from You Fellow Creed Fragrance Collectors

Creed Perfume for Men

To the fellow fragrance collectors who have been sending me private messages on Facebook to find out which bottles of Creed we bought - yes, I am sorry, I just forgot to include the names in the Dreams Become a Reality One Choice at a Time article and some of the other posts this week (since we took more than one trip, it just fell through the cracks).  I'll address you all at once so I can clear out the messages without worrying about it so please consider this your response ... (it's nice to … [Read more...]

The Creed Fragrance Counter Is One of My Favorite Places in the World

Creed Bois du Portugal

This morning, I walk into my kitchen to find my grandmother and mother sitting there waiting for me, wanting to know if I want to go out and eat or spend the day together.  Long story short, the three of us, plus my youngest sister, who is in high school, end up at the Country Club Plaza in Kansas City for a day of luxury shopping and fine food.  It was what life is all about, in a nutshell; experiencing great things with people you love. Creed Fragrance - One of My Favorite Companies in … [Read more...]

My Sister Made Homemade Barbecue Ribs for Easter

Homemade Barbecue Ribs

Last Christmas, my sister put in her Christmas list request and wanted a Crock-Pot (seriously, this is how I knew we had all reached full adulthood).  She says it was the best gift I ever gave her.  Ordinarily, I just go to the Chanel counter at a specific, well-known department store and buy a complete line of perfume products for each of the women in my life, so this year was a deviation from the past pattern.  (Kelsey was always Chanel No. 5 whereas my youngest sister was Chanel … [Read more...]

My Verdict on the Truefitt and Hill Shaving Sets and Shaving Product Line

Grafton Cologne from Truefitt and Hill

We are expanding our shaving section at Kennon Home Accessories and one of the things I've been testing is the Truefitt & Hill line of shaving creams, shaving lotions, aftershave, colognes, and other products. It is toward the higher end of the price point when it comes to luxury shaving sets for men (a bottle of aftershave, shaving cream, cologne, and shaving oil would retail for $202.00) but after using it, I don't think I could ever go back to the products I used for most of my … [Read more...]

Misconceptions About Wealth

Pinot Grigio White Wine

How The Marketing Industry Continues to Convince Average Americans They Know What a Millionaire Looks Like A few days ago, I quoted something from one of Dr. Thomas J. Stanley's books: "In the United States, there are three times more millionaires living in homes that have a market value of under $300,000 than there are living in homes valued at $1 million or more." For the past few days, I've been studying more about average household income in the United States and, specifically, the … [Read more...]