Thursday, December 13, 2007

Deals and meetings

A day full of meetings and a day full of opportunities.

Today started at 6am and finished at 8.30pm. Probably not long by a lot of peoples standards but with a young family it certainly is by mine. The day required travel interstate and thank heavens for the decent coffee in the Qantas Club.

The morning started off slowly as the major player we met with was extremely hard to read. When you don't get a lot of feedback from the guy you're talking with it's hard to modify your anner on the fly which I believe is essential to conducting a successful negotiation.

By the lunchtime meeting the day had picked up and it looks like one of our new ventures now has a valuable partner who will bring a lot to the table.

The afternoon went extremely well and we picked up a vendor who expressed interest in ordering $500,000 worth of merchandise from another of our ventures. Earlier this year we picked up the exclusive distribution rights to an International Brand and this is now starting to pay dividends for the company as our two fulltime sales staff are now on the road pushing the wares. It's good quality stuff and the pricing is razor sharp. I actually went with one of them to meet with this retail buyer simply for moral support and because we were on the road trip anyway and in the vicinity. I hazard a guess the buyer didn't know the CEO was right there in the meeting :).

On a tech note my little UMPC tablet performed flawlessly the whole day (I run a Fujitsu P1610D convertible tablet PC with extended battery).

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