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What happened to Raw Talent Inc?



 
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Old November 13th, 2009 Nov 13, 2009 8:46:09 PM -   #1 (permalink)
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Default What happened to Raw Talent Inc?

Did they go out of business? Their websites have been down for awhile.
 
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Old April 3rd, 2010 Apr 3, 2010 7:00:30 AM -   #2 (permalink)
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Default Re: What happened to Raw Talent Inc?

They are now. The bank closed and locked their doors as of 4-2-10.
 
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Old April 3rd, 2010 Apr 3, 2010 8:50:26 AM -   #3 (permalink)
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Default Re: What happened to Raw Talent Inc?

Any details? Bankrupt? Sued?
 
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Old April 3rd, 2010 Apr 3, 2010 9:06:04 AM -   #4 (permalink)
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Default Re: What happened to Raw Talent Inc?

They just called all their employees in on Friday and gave them separation notices. Heard they were in debt very bad. Thats all I know for now.
 
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Old April 3rd, 2010 Apr 3, 2010 2:48:15 PM -   #5 (permalink)
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Default Re: What happened to Raw Talent Inc?

Wow. I remember reading an article that said that in two years they had seen 1000+% growth with sales exceeding $2.5 million in 2007. I guess they tried to grow too fast by incurring debt. Cash is king.
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Old April 12th, 2010 Apr 12, 2010 6:29:38 AM -   #6 (permalink)
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Default Re: What happened to Raw Talent Inc?

Any more news about RTI?

Wonder if they'll try to start another company.
 
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Old July 23rd, 2010 Jul 23, 2010 6:51:20 PM -   #7 (permalink)
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Default Re: What happened to Raw Talent Inc?

Quote:
Originally Posted by haldira
Any more news about RTI?

Wonder if they'll try to start another company.
Does anyone know how to reach any of them? I had an online store with them and about 150 shirts of mine in inventory. I wonder if theres any chance of getting my tees?
 
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Old July 26th, 2010 Jul 26, 2010 6:21:09 AM -   #8 (permalink)
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Default Re: What happened to Raw Talent Inc?

Quote:
Originally Posted by pizazzcrew
Does anyone know how to reach any of them? I had an online store with them and about 150 shirts of mine in inventory. I wonder if theres any chance of getting my tees?
I sent you a message letting you know who to get in contact with. It was the broker that was selling off all the equipment.
 
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Old July 29th, 2010 Jul 29, 2010 1:35:52 PM -   #9 (permalink)
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Default Re: What happened to Raw Talent Inc?

Hi could you send that info to as well please. I also have stock I want back. I called the county sherriff and was told to phone the civil courts... Etc... Etc...
So a direct contact would be great.
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Old July 29th, 2010 Jul 29, 2010 5:54:59 PM -   #10 (permalink)
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Default Re: What happened to Raw Talent Inc?

got it from your message history. tx
 
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Old August 2nd, 2010 Aug 2, 2010 9:32:51 AM -   #11 (permalink)
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Default Re: What happened to Raw Talent Inc?

I was in their shop after it got shut down buying some equipment from the broker. Yu could tell by the # of impressions on the machines, there was no way were they doing enough work to necessitate that amount of equipment. Debt, debt, debt. I guess they had to keep up appearances for their higher profile clients.

And to the folks that had shirts there...I didn't see an any boxes with shirts in them while I was there, so I would imagine your screwed.
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Old August 2nd, 2010 Aug 2, 2010 10:03:05 AM -   #12 (permalink)
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Default Re: What happened to Raw Talent Inc?

I have a printer working for me now that worked there. Lots of stories. Let me say this, no matter what anyone says there are always two sides to every story and often more sides that that. The printers say there just wasn't enough money to go around. The Brokers of the equipment say its all in great shape with low numbers on it all. The reputation says they were overpriced, undersold and way over promised. I saw growth beyond understanding, failure to roll with the punches, and a lot of bad luck. I've seen a number of similar situations, and hypothesize that there was a lot of Talent in the design, manufacturing and sales, but no where near enough in the management of day to day processes and cost of doing business. From my experience, (33 years in this business) sometime hard decisions must be made in time to make a difference, labor costs and overhead can kill a business quick especially in this economy. As a business owner I can't fault someone for trying hard to keep as many people working for as long as they can even when it means potential for disaster. In general most businesses fail simply put, and that means good businesses with talented people still fail. Its a shame when it happens but it happens.

What surprises me the most is that many times the employees and vendors blame the owners for being selfish or self serving and most of the time thats not true. I didn't know these guys personally but I had spoken with them over the phone on more than one occasion much of what they did was admirable it just wasn't enough to cover the overhead they had grown into too quickly.

Let it be a lesson that Growth can kill a business as fast or faster than anything else.
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Old October 6th, 2010 Oct 6, 2010 5:14:23 AM -   #13 (permalink)
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Default Re: What happened to Raw Talent Inc?

I had alot of tee's there for my online store. It looks like I've lost them all. Does your guy know where I can get my shirts back?
 
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Old October 6th, 2010 Oct 6, 2010 7:00:52 AM -   #14 (permalink)
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Default Re: What happened to Raw Talent Inc?

As of this moment he no longer works for me. I have very high quality standards and production requirements and he just wasn't used to that. I'm not sure what you could do this late in the game to recover your goods. I've seen businesses shut down in the past by banks or police for whatever reasons and they usually auction everything they can grab as soon as physically possible. For example some years ago I worked with a company on the south side of Atlanta called Terry Manufacuring. I quite because I could tell something wasn't right, there was so much money going out and no evidence of real business coming in and no motivation to change that. Almost exactly a year later they were shut down by the police for falsifying purchase orders and submitting them to a factor company to the tune of about 20 million dollars. A Friend who still worked there told me they showed up at 6:00 AM locked everyone out and seized everything in the building including peoples personal belongings, laptops, cell phones you name it and refused to allow anyone into the building for any reason. They auctioned EVERYTHING off in pieces and I know at least three people who lost their own personal Powerbooks, etc.
(the owners got 3 years in a Federal prison in Florida of all things and a monthly bill for the rest of their life, its all public record now.)
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