The Wall St. Journal shares a story that many indie stores may be able to relate to: the challenge of selling your business. The Journal shares issues that arise when ownership changes. Small, brick-and-mortar stores are more likely to face a big decline in sales than, say, a large IT company.
Excerpt:
"The revenue drop following the sale of a business can range from an expected 20% to 30% in the case of an IT-services provider to 50% in the case of a hair salon, says Sam ...
Read More
This past week, Amazon announced it was adding Grubhub delivery to its Prime subscription (Read the news about Amazon and Grubhub here). The goal of Amazon Prime (and other subscription services) is to make the subscription so pervasive that it's sticky. Don’t like Prime movies? Ok, but you love free Grubhub delivery. If you don’t need feature X and want to cancel, you realize you still need feature Y and keep paying for the subscription.
We’ve chatted about the importance of checklists. Checklists can be checklists literally as well as figuratively (i.e. software). Checklists help us order our thoughts and actions. Yet, the last step on each checklist should be: removing as many checklist steps as possible. This ironic strategy is necessary because steps inherently are friction, and friction is our enemy. We want to help our clients avoid the drag of clicks and thinking.
In the past, we’ve used spin classes and gyms as inspiration for Bridge. We see them as metaphors for helping retail business owners. The founders of SoulCycle, Elizabeth Cutler and Julie Rice, must have been eavesdropping on us: they are expanding their spinning approach to another sphere. The Times reports they have started Peoplehood, a business that seeks to help people via self-help (group-help?) sessions. It’s SoulCycle for the soul&...
Read More
Rise and shine every morning with a good routine and lots of strong hot coffee! Taste thoughtfully and bring some natural, rustic chic elements to your coffee table by Calaisio.
CALAISIO
natural elegance, extraordinary durability
View Post
While eating a slice of coal-fired pizza at Arturo’s in Soho yesterday, and getting an occasional whiff of Houston Street garbage, I had to admit: I was at a loss for insight to share with my coworkers this week. Each week, I send out a motivational message to my team that precedes a summary of what they accomplished. We call this report the Brick report. This would be my seventy-second Brick introduction: What else could I say--and would they miss it if there was not an introduction...
Read More
Six of the many unique religious gift ideas from Beatriz Ball. Make great heirloom presents for baby showers, baptisms, first communion, confirmation, graduation, birthdays, and holidays.All boxed for effortless gifting!
•Save precious mementos of your little one's first years in the exquisite BABY Peek-A-Boo Cross Oval Keepsake Box shown above. The lidded metal box features an embossed cross on the top and contains a "peek-a-boo" surprise--another cross--sculpted on the base ...
Read More
Jeff Lawson, CEO of Twilio, a software company valued at $28 billion, was recently interviewed in the Wall St. Journal. When he shared who his advisors are, I was surprised to see Danny Meyer, the restaurant kingpin who owns Shake Shack (another publicly-traded company). Mr. Lawson read Mr. Meyer’s book “Setting the Table” and was impressed to learn about the difference between service and hospitality. Service is the delivery of the technical aspects of ...
Read More
At my local postal shop, which doubles as a surprise book purveyor and emergency greeting card supplier, I picked up this guide by Monocle, a magazine and book publisher, about indie shops. The book, ‘The Monocle Guide to Shops, Kiosks, and Markets,’ has an appreciation for brick-and-mortar retail that mirrors our ethos here at Bridge. Local shops bring people together and support communities unlike online-only marketplaces. We encourage citizens to ‘unplug’ and browse ...
Read More
The Tabbara Valentine's assortment (pictured) is comprised of 20 chocolate bonbons and features new flavors like strawberry & bubbly jelly, strawberry lemon, raspberry kalamansi, peanuts & salted caramel, along with other classic flavors.
The Tabbara Heart Box is literally made of dark chocolate. Inside the box, there are 4 pieces of chocolate bonbons from the Valentine’s Day assortment. Glassworks also has Toffee Taboo Hearts and many other gift ideas. ...
Read More
Jim Collins, in his book BE 2.0, explains how purpose and mission are important to companies. To help explain this, he uses the metaphor of crossing a mountain range and seeing a star on the horizon. Your purpose is to reach the spot on the horizon below the star. The current mission is climbing up the mountain you’re on. The next mission is climbing up the next mountain and so forth in order to get closer to the spot on the horizon. You will have many missions, and may never ...
Read More
Last February e-commerce company Shopify Inc. replaced the “Ottawa, Canada” dateline that began its press releases and earnings reports with a strange new one: “Internet, Everywhere.” The geographical shift came at the insistence of Shopify’s founder and chief executive officer, Tobi Lütke, who tends to view such matters through the prism of cold, hard logic. In May 2020, only a few months into the pandemic, he’d made the early, seemingly rash decision to...
Read More
Historically, a young tech company like ours would go out and get a seed investor, then build up to venture capital (VC) money, do a few rounds of that, and then go public—and then down the road, take some private equity money. In sum, at various points, we’d need to fill our tank with funds from different sources.
That’s changing. In today’s market, everyone wants to invest and be a part of the software-as-a-service (SaaS) revolution (our space!). Private ...
Read More
MEMBERSHIP SURGES 50% IN E-COMMERCE COMMUNITY Online Shopping Boom Drives Retail Industry to Team Up On Bridge
NEW YORK, NY, July 30, 2021 – Bridge, an e-commerce community, reported a record increase in membership as the pandemic continued to rattle the retail landscape. In the last 12 months, 275 retail stores joined Bridge, bringing the total membership to more than 826 stores—a 50% increase. ...
Read More
I’m seeing a disturbing trend online. Stores are not sharing news and events on their websites. Instead, they are relying on Facebook (and Instagram, which it also owns) to perform this task. That’s like a customer coming into the physical store and the store manager saying: "Want our news and events? We don’t have it here. Go to the coffee shop next door—which will be filled with our competitors pitching to you."
One present probably won't capture the love you have for dad. Surprise Dad with these donuts with a fun twist served in Calaisio`s glass serving tray! You donut want to miss it!
CALAISIO
natural elegance, extraordinary durability
View Post