P4P Clothing Blog Spot

Perseverance - steadfastness in doing something despite difficulty or delay in achieving success. Anything that you want is worth working hard for.  We have run into a few speed bumps on our journey to get this company off the ground.  We are all fathers, husbands, brothers, and sons.  We all earn a living doing jobs that have nothing to do with fashion or manufacturing.  We have all had family emergencies that sometimes take our focus away from this project.  One of us even got engaged.  If you are living a good life a lot of the time you are going to...

When starting a business, most people start with a plan. Some don’t. Some start with an idea and they go wherever the wind blows them. The best approach for us, and for most people, is somewhere between those two extremes. You can be a really rigid “planaholic” or you can be completely flexible with no direction or purpose at all. Sometimes one or the other can work. Most of the time those extremes don’t work out in the long run. The planaholic misses opportunities because they are too busy planning and not acting. The freewheeler misses opportunities because they are...

Group dynamics is a system of behaviors and psychological processes occurring within a social group (intragroup dynamics), or between social groups (intergroup dynamics). The study of group dynamics can be useful in understanding decision-making behavior, tracking the spread of diseases in society, creating effective therapy techniques, and following the emergence and popularity of new ideas and technologies. We have been friends, some of us, since 1990/91. The earliest memories I have of our friendship goes back to the Boys and Girls club on 17th St. I was in 6th grade. I say all of this to give you a better...

Profit: A component of implicit costs and not a component of business profit at all.  It represents the opportunity cost, as the time the owner spent running this company could be spent running a different company. The enterprise component of normal profit is therefore the profit that a business owner considers necessary to make running this business worth his or her while. In this way, it is comparable to the next best amount an entrepreneur can earn on another job. That is to say, "Is this endeavor worth it for me?"Prophet: A person who advocates or speaks in a way...