Five Business Lessons I Learned from My Mom, Tammy Kennon, and Her Company, Chenille Appeal

This is my mom.  You’ve probably read about her but never seen a picture.  She’s the same one that would slip notes into my lunches in elementary school telling me how wonderful, intelligent and loved I was. Back in the early days when she and my dad started their company in a two hundred square [...]

from Joshua Kennon

The Strap on my Montblanc Star Chronograph Automatic Broke (Another Lesson in the Time Value of Money)

When I was 22 years old, or thereabouts, I bought a Swiss made Montblanc Star Chronograph Automatic stainless steel watch from Borsheim’s during the Berkshire Hathaway shareholder meeting.  I wanted something that would last, God willing, for the rest of my life and would remind me of when I was young, just starting out, and [...]

from Joshua Kennon

Mental Model: Satisficing

Satisficing: A psychological and economic phenomenon that results from consumers choosing a product that meets criteria at an adequate level, rather than expending a great deal more time to find a fully optimal solution. Put another way, people are not looking for optimal solutions in their life.  They are looking for a combination of “just [...]

from Joshua Kennon

What The Rich Really Collect

from Joshua Kennon

We Sold a $700 Watch Case to the United Arab Emirates

When you own businesses, certain orders just make you happy. Of course, you appreciate every one, no matter how small. From time to time, however, there is something about a particular piece of business that just makes you smile. We actually do respectable global business through many of our online businesses. Surprisingly, quite a bit [...]

from Joshua Kennon