Help me out. I'm getting a little concerned about your stock. In October, 2005 a month or two after you were released from the pokey, I bought several of your shares at $20.95. I just checked with my guru and YOUR STOCK IS DOWN to $1.01. You do the math. This has got to stop. You have got to do something to turn this corportation around. Hire new people. Let's get some people with some real brains. Look into the retired teacher's associations and interview the newly retired. Those people have to be smart to get out of the rat races that they have been in for 30 plus years. Specifically, elementary teachers. They are creative, smart and IN CONTROL. Middle and high school teachers tend to look at the bottom line. They could work on motivational techniques and work flow. Look into it. But in the meantime, read on.
Work with me here. You can't do it alone. You need to start with a Martha Stewart Academy where you could teach your sophisticated skills to others. Those lucky participants would be trained in every aspect of your organization. The goal would be to send them out into the general public to peddle your wares. In a minute you will see the connection.
I know you have already offered to the public items, such as: books, tapes, houses, paint, dinnerware, cookware, craft items, scrapbook items, flowers, bridal items, furniture, etc. And you have exposure on your television shows, radio shows, your website, and your magazine, but that's just not enough. GET BUSY, you have got to start thinking BIG. How about a mall?
You could start with mini (strip) malls. I know you would rather start Mall Of America size, but let's be realistic. These could be all over the world. These malls could have stores dedicated to specific Martha Stewart items. They would be staffed by those lucky people who have attended your academy. A cookware store kinda like Williams Sonoma only it will be just your stuff. I'm thinking cooking classes and canned food. The food could come from your farms and manufactured in your factories. That'll be in a later letter. A scrapbook store where you and your people could conduct classes. A paint store. Again, offer classes on Martha techniques. Of course a bookstore, where you could have book studies on various genres of books. Here's a tip: you could recommend different authors for a price... and it wouldn't be cheap. It could be themed. The summer months you could recommend beach trash. Since you are probably unaware of this genre, you could employ any number of teachers who are off for the summer. They need the extra money. Come on Martha, get down with us. Join the general population. Another store could sell large machinery...kinda like John Deere, but pretty. Paint them in those pretty blues or greens. I saw a lot of bobcats down at the beach, but they were bright yellow. (See blog dated 9/19/08.) That just doesn't blend with the beach. Think BIG, Martha. Of course there would be restaurants at the mall. Lot's of them. Also included would be furniture stores for different types of houses. Since you have several, you know what I mean. From formal to casual you could please everyone's tastes. Speaking of furniture you could also build your own manufacturing company, located, of course, in North Carolina. I hear there are several companies closing down, so you could just move in those vacated building.
I could go on and on. There are so many areas that could be explored. Photography in which I would be in charge. Leave THAT to me. And clothing... for everyone. Move over Calvin. Summer camps for children and music, that could be big. Computers and technology still have to be developed. Again, think about using those pretty colors. I'm getting sick of black, gray and white. But that's just me.
I'm trying to help you, Martha. I'll continue to develop and refine my proposals. Keep a stiff upper lip. You can do it. This week's goal has got to be to get that stock up to at least ten bucks by Friday. Go Martha!