jeff

“Hey! How Come You’re Still Around?” Conversations With Survivors

It’s old news, of course, that we’ve gotten to the point in this industry where probably north of eighty-five percent of the snowboards sold come from a handful of brands, mostly made by ski companies with the usual exception. And if that concentration is not how we’d like it to be, it’s how it almost always […]

“Hey! How Come You’re Still Around?” Conversations With Survivors Read More »

Cash Flow Revisited; Why Hardly Any Successful Business is Just Snowboarding Anymore

I know it’s because of crossover, and the mainstreaming of action sports, and because we’re selling to parents as much as to kids. I know all that. Largely, I believe it. I just did my occasional and not nearly frequent enough sojourn into a bunch of local snowboard retail stores, big and small, and looked at what they’re

Cash Flow Revisited; Why Hardly Any Successful Business is Just Snowboarding Anymore Read More »

A Good Snow Year Does Not Make Us Heroes of Management; A Minor Reality Check

1980- Michael Porter, the Harvard strategy Guru published Competitive Strategy.   In it, he discusses how industries change, and how companies have to change, as they transition from growth to maturity.  I want to look briefly at what Porter says stereotypically happens during this transition and see how it applies to the winter resort business. Like all

A Good Snow Year Does Not Make Us Heroes of Management; A Minor Reality Check Read More »

Swell Raises $2 Million

Almost as soon as my article on surf industry internet models was finished, Swell shut down its Crossrocket site and then, on May 3rd, announced it had raised $2 million in bridge financing. I hate it when that happens. Rather than just throw up a press release that created more questions than it answered (see it

Swell Raises $2 Million Read More »

Recession? You’re Kidding- Right? Please?

The NASDAQ stock market rocketed towards heaven for several years. Its decline has been equally spectacular. Four trillion dollars of value have been wiped out in a year. It’s matched its worst fall ever in percentage terms, but it’s done it in half the time. Should we be surprised? No. The statistical concept of “regression to the mean” is working like

Recession? You’re Kidding- Right? Please? Read More »