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Wine Country With Fess Parker
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Overview Transcript Case Study Video
Bruce Camber and Hattie Bryant with Fess Parker
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Key Ideas of this episode
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1. Buy Real Estate
2. Listen To The Market.
3. Market Your Entire EcoSystem
4.
5.
6.
7. Coddle Customers
8. Entice Investors With
An Attractive Idea
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Bruce Camber and Hattie Bryant with Fess Parker who spends hours everyday greeting customers in his showroom. Fess even autographs bottles. The scenery, the promise of a delicious tasting and the hope that they will get to see Davy Crockett and Daniel Boone brings over 60,000 visitors to the winery every year.
Fess Parker Inn & Vineyards on Small Business School
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Fess Parker Inn & Vineyards on Small Business School

Los Olivos, California: Let us reintroduce you to the man who taught us about the pioneering spirit of America, about breaking new grounds, and about the art of the impossible. Rediscover the spirit of Davy Crockett and Daniel Boone and the man who is recreating the Santa Barbara Wine Country.

Our cameras are rolling and you visit one of the most beautiful parts of California and find out how Fess Parker built a new business. With his son, Eli, their wines are sold in premium retail stores, in restaurants, by catalog and on the web.

The Fess Parker Winery and Vineyard is located 32 miles north of Santa Barbara on the Foxen Canyon Wine Trail. In 1987 Fess and Eli Parker purchased 714 acres; Eli enrolled in viticultural classes and this business was born. While Eli focused on making wine, his dad concentrated on building the winery and visitor center. Last year over 60,000 people visited and total sales exceed five million dollars per year. It is very much a family business!

Fess and Eli spend a lot of time traveling the country to stay in touch with customers.

  • Contact:
    Fess Parker Winery & Vineyards
    6200 Foxen Canyon Road ( P. O. Box 908) Los Olivos, California 93441
    Tel: Vineyard: 800-841-1104
    Inn: 800-446-2455 or 805-688-7788
    E-mail: Click here.
    URL: http://www.fessparker.com/
Fess Parker Inn & Vineyards on Small Business School

  • FIRST PRINCIPLES: Starting a business is the road to economic independence for most of us average people. Read a little more to see why incorporating a business keeps the passion of the American revolution alive!
  • Eli Parker FROM TWO TO ELEVEN: Did you hear Fess? He has eleven grandchildren and he said, "...we hope that some of them will find this a fascinating enterprise." Of course, his son, Eli already has. You can be sure that someone within the Parker Family will keep this business going for a long time to come.

    How is your family known? What kind of identity do you have?

    We encourage you to also study some of the other family businesses.
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  • WATCH TV ABOUT VALUE CREATION: Turn off TV about people exploiting people. It brings us all down. To find SmallBusinessSchool, check your local PBS-member station. If you don't find us there, drop us a note and we will get it on your local government station for economic development. You can also check the rebroadcast of PBS-member station signals on DirecTV and Dish Network.
  • Economic Development Commissions and Workforce Initiative: Be a partner with your local PBS-member station with this campaign for your small business owners to create "Just One More Job." Begin with this benefits statement. Always it'll be free from Small Business School..
  • MORE ABOUT FINANCES. We have a section about money and it can be useful. BUT -- and this is a big one -- we all need to know about RMA --The Risk Management Association. This is real insiders information on your financials so take note.

    This organization is the banker's banker. They know more about key critical ratios than anybody on earth. Over 3000 banks and 16000 other kinds of financial organizations contribute the essential financial data from their loan inventory to RMA's "Annual Statement Studies" to calculate key critical ratios for every major industry type (and for most subsets of business vis-a-vis the SIC and NAICS). With over 150,000 loans per year, that is statistical relevancy.

    Do you know the average key ratios within your industry? We haven't learned ours yet for the TV/Production Industry, so we all need to ask our banker. To really make a study of it, keep an eye out for the next seminar by RMA in your area. It'll be the best money you'll spend to understand the organic nature of your business, and learn what it is that your banker so quickly knows about your industry. For more, read online: RMA seminars, RMA history, and their small business scoring (i.e. used by the SBA for their Low Docs).

    If you'd like to study the history behind the RMA (it goes back to Robert Morris, a signer of the Declaration of Independence), click here.


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