Happy Thursday! We hope you are having a great week. The weekend is just around the corner! Do you have any plans?
In This Issue: What the heck happened?! (pt. 5 from Craig) | Cage Nuts | Basics of MPO/MTP Fiber Cables | News to Start Your Day
The CK Daily – What the heck happened?! (pt. 5 from Craig)
Previously I wrote about the origins of the CK Daily, our work during Covid, and my need to take a sabbatical. Then I wrote about taking a 5 month sabbatical which led to me stepping out of the day to day of CK, and starting Millwood Land Company (EscapeTheHOA). Now, on to part 4.
“Everything is fine … until it isn’t”. – Someone.
2021 and 2022 were great years all around. CK did amazing – 2022 was the best year we ever had, Millwood did great, family was good, and everyone was happy.
As 2023 was marching on we were not seeing the sales we were used to the previous year at CablesAndKits, but we thought it was momentary. We didn’t realize it was going to keep sliding…. and sliding .. and sliding. Then suddenly things were upside down financially. What the heck happened?
I tried leading from the outside for a couple of months but things weren’t changing. I hesitantly and slowly stepped back in and started trying to help uncover what had happened. My wife said to the team “Craig is jumping back in”. I said, “I am not jumping, I am stepping”. A week later I said “Ok, I’ve jumped” lol. It’s really hard for me to do something halfway. I tend to be out or very much in. I was pretty suddenly very much in.
To be honest, I was a little nervous. I had been out of the business for nearly 3 years and wasn’t sure how those who had grown accustomed to not having a wild entrepreneur around would feel. To my pleasant surprise, many said “We need the entrepreneur right now”. It’s always nice to be wanted and needed. 🙂
So I’m back …. and things have been nuts … good nuts, but nuts nonetheless. We are uncovering issues and solving them. On to the next, on to the next, on to the next.
The goals were to:
- Figure out what the heck happened
- Fix it
- Prevent it from happening again.
Simple, right? Not exactly …
More to come in part 5!
Craig
Product Spotlights & Updates
Cage Nuts for use in equipment racks that have square mounting holes and use snap-in style rack clips. The cage nuts allow users to populate the rack (with square holes) with any of these screw types, or a combination of them, by using the correct nut. In addition, cage nuts eliminate the hassle caused by stripped threads in a drilled rack or enclosure. If the threads somehow strip, simply replace the nut with another nut.
Learning Center Article – Basics of MPO / MTP Fiber Cables
Fiber optic cables drive modern communication. They are the only viable means for arranging the ultra-high-speed systems that run the backbones of digital communication. Long-range internet connectivity is dominated by fiber optic cables. Perhaps more importantly, the massive data processing that goes on at data centers does the majority of the workload for internet communications and digital information handling.
Today’s News to Start Your Day:
- Amazon’s Ring said it will no longer allow police to request user footage in its neighborhood watch app called Neighbors.
- Meta’s market cap surpassed $1 trillion Wednesday. It’s the first time the company hit the milestone since 2021.
- Apple for the first time became the largest smartphone vendor in China by shipments.
- A Hamptons estate that was once listed for $150 million before falling into bankruptcy was sold at auction Wednesday for $88.5 million. The compound includes 23 bedrooms, two pools, a sunken tennis court, a home theater, spa, sauna and two gyms.