Let me start by saying this blog is a bit weightier and controversial than most blogs on the site. I do not pretend to have all the answers, and I am not sure I am even asking the right questions. But I do believe the topic is worthy of a discussion. Two recent events, one... Continue Reading →
Participation Trophies Are (Still) Not Causing Moral Decline
In starting and running a trophy and awards company for over 20 years, you can imagine that I am often asked about the ubiquity of participation trophies and jokingly (at least I hope jokingly) blamed for the moral and intellectual decline of our younger generations. And I am not alone. Memes about the issue pepper... Continue Reading →
What Advice Do You Have About Running A Business?
Last week, I received the above question from an MBA candidate who will be graduating in May. He was looking to start or buy a business in the near future and was wisely contacting as many alumni as possible for advice, and simply to network. Like many business owners, I really enjoy getting these calls... Continue Reading →
Are the Oscars Still Relevant?
The Oscars, once the pinnacle of cinematic achievement, have faced increasing scrutiny over their relevance in today's diverse and rapidly evolving entertainment landscape. A combination of factors contributes to the perception that the Oscars are losing their touch, highlighting a disconnect between the Academy and the broader audience. Firstly, the Oscars have been criticized for... Continue Reading →
Is Starting A Trophy Company a Good Idea?
Starting a trophy business presents a unique opportunity for entrepreneurs seeking a niche with steady demand. Trophies and awards are ubiquitous symbols of achievement, used to recognize accomplishments in sports, academics, business, and other fields. This universal need for recognition ensures a constant market for trophies, plaques, medals, and related items. One significant advantage is... Continue Reading →
Top Ten Plaques For Sale In 2024
Plaques come in many shapes, sizes and materials and vary in price from less than $10 to over $100. Deciding which plaque is right for your event can be very difficult indeed. Below are a list of the 10 most popular plaques in 2024. Our guess is that at least one of these will be... Continue Reading →
Top 5 Football Trophies For 2024
There is a tremendous variety of trophies for all sports, including football. While traditional trophies with the sport figure on a marble base remain popular, more contemporary trophies including resin, glass and crystal trophies have become the best sellers. Following are the most popular football trophies for 2024. World Class Football Trophy Ultra Action Football... Continue Reading →
Unforgettable Moments: The Most Memorable Oscar Winning Speeches
There is no bigger event for trophy and award companies than The Academy Awards, universally known as the Oscars. The Oscars have given us countless memorable moments to celebrate over the years. However, it's often the speeches that linger longest in our memories, capturing the essence of triumph, gratitude, and sometimes, a powerful message. Today,... Continue Reading →
How Hard Should You Press Customers Who Pay Slowly?
Navigating the delicate balance of maintaining positive customer relations while ensuring timely payments is a challenge many businesses face. When customers pay slowly, it can strain your cash flow and impact your business operations. However, pressing them too hard for payment can risk damaging valuable relationships. So, how hard should you press customers who pay... Continue Reading →
Awards Companies Sell Lots of Custom Glassware
In the dynamic world of custom awards and personalized gifts, a rising star has emerged: custom glassware. Particularly, engraved cocktail glasses and custom pint glasses are not just winning the hearts of consumers but also becoming a staple in the awards industry. Let's dive into the reasons behind this trend and how it's reshaping the... Continue Reading →
Do Awards Always Matter? The Debate Between Intrinsic and Extrinsic Motivation
In the landscape of achievement and recognition, the shimmer of awards often stands out as the pinnacle of success. From the gleam of an Oscar to the prestige of a Nobel Prize, awards are symbols of excellence that transcend mere personal satisfaction. But this brings us to a compelling debate: In the grand pursuit of... Continue Reading →
New Revenue Sources for Awards Companies
This blog is partly about the business side of running an awards company. Today we take a look at what products and service are a good fit for trophy and award companies. In today's ever-evolving market, businesses must remain agile, diversifying their offerings to cater to a broader audience and ensure financial stability. For an... Continue Reading →