http://www.scrapbookupdate.com/2008/11/13/key-points-from-the-antioch-companycreative-memories-bankruptcy/ Where scrapbooking means business. Mon, 15 Mar 2010 20:47:55 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.scrapbookupdate.com/2008/11/13/key-points-from-the-antioch-companycreative-memories-bankruptcy/comment-page-1/#comment-307 michelle Mon, 24 Nov 2008 18:54:57 +0000 http://scrapbookupdate.lifedecanted.com/?p=110#comment-307 I gotta agree, they never were very concerned with their consultants, only with their bottom line. I got out years ago. It was a great product line, with lousey management. Sorry, CM. What goes around comes around. I gotta agree, they never were very concerned with their consultants, only with their bottom line. I got out years ago. It was a great product line, with lousey management. Sorry, CM. What goes around comes around.

]]> http://www.scrapbookupdate.com/2008/11/13/key-points-from-the-antioch-companycreative-memories-bankruptcy/comment-page-1/#comment-308 Yipeeiambroke Wed, 19 Nov 2008 01:12:56 +0000 http://scrapbookupdate.lifedecanted.com/?p=110#comment-308 The Morgans convinced the company to buy back all the family shares at a premium price and then turn the company to 100% ESOP so that the family was completely protected from a down turn and they were set. http://www.morganfamilyfdn.org/family.html Now most of the employees that have worked there for years to make them millions- have nothing but a pat on the back and a big cheer to say- let’s start over. This will be a perfect case study at MBA schools all over the country on how a company that had so much going for it- could be driven to its death by such poor leadership. Truly a waste…but I guess if it can teach others how not to run a business- then there is silver lining in there somewhere. Supporting this company and their products, undermines the promises to the employees that have not been kept, How would you feel? losing all of your vested retirement savings and having the same exact management running a new company which assets came directly from these (your) funds. YOUR LIFE, Your Story, OUR WAY,,,,,,SUCker The Morgans convinced the company to buy back all the family shares at a premium price and then turn the company to 100% ESOP so that the family was completely protected from a down turn and they were set. http://www.morganfamilyfdn.org/family.html
Now most of the employees that have worked there for years to make them millions- have nothing but a pat on the back and a big cheer to say- let’s start over. This will be a perfect case study at MBA schools all over the country on how a company that had so much going for it- could be driven to its death by such poor leadership. Truly a waste…but I guess if it can teach others how not to run a business- then there is silver lining in there somewhere.
Supporting this company and their products, undermines the promises to the employees that have not been kept, How would you feel? losing all of your vested retirement savings and having the same exact management running a new company which assets came directly from these (your) funds.
YOUR LIFE, Your Story, OUR WAY,,,,,,SUCker

]]> http://www.scrapbookupdate.com/2008/11/13/key-points-from-the-antioch-companycreative-memories-bankruptcy/comment-page-1/#comment-309 Lizzy Sat, 15 Nov 2008 06:19:11 +0000 http://scrapbookupdate.lifedecanted.com/?p=110#comment-309 I think they are failing because of they refused to keep up with the competition. They hung on to their antiquated ideas about scrapbooking while the rest of the market moved forward with new and innovative products. They also were not supportive and friendly toward their Consultants. Frankly, it serves them right! I think they are failing because of they refused to keep up with the competition. They hung on to their antiquated ideas about scrapbooking while the rest of the market moved forward with new and innovative products. They also were not supportive and friendly toward their Consultants. Frankly, it serves them right!

]]> http://www.scrapbookupdate.com/2008/11/13/key-points-from-the-antioch-companycreative-memories-bankruptcy/comment-page-1/#comment-310 Sally Fri, 14 Nov 2008 21:42:11 +0000 http://scrapbookupdate.lifedecanted.com/?p=110#comment-310 CM is an amazing company that has a product that can be passed on generation after generation!!! I sure hope they will find a way to continue to offer this wonderful product! CM is an amazing company that has a product that can be passed on generation after generation!!! I sure hope they will find a way to continue to offer this wonderful product!

]]> http://www.scrapbookupdate.com/2008/11/13/key-points-from-the-antioch-companycreative-memories-bankruptcy/comment-page-1/#comment-311 Rena Fri, 14 Nov 2008 19:47:58 +0000 http://scrapbookupdate.lifedecanted.com/?p=110#comment-311 As a former CMC, for 9 yrs, I am not surprised by this. The company increasingly became less consultant-friendly over time...you just can't treat your field-workers w/ anything less than utmost respect. As a former CMC, for 9 yrs, I am not surprised by this. The company increasingly became less consultant-friendly over time…you just can’t treat your field-workers w/ anything less than utmost respect.

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