Created and maintained by Jordy in collaboration with Connect Magazine

Topic: business

January 5, 2009
» Got Contract Work?

Gabe and I want to be sure that our start up company, Izeni, has a cash runway that’s long enough to ensure that we can have a proper lift off. To that end we’ve been doing some consulting and contract work (mostly low-hanging fruit) to slow our burn rate, and it’s worked fairly well because we’re in bootstrapping mode and our expenses are relativity low. So, although we’ve never really sought contract work, we do like it; and I thought I’d do a quick post officially soliciting it.

So without further ado, Izeni will be accepting all kinds of technical consulting and contract work. Our specialities are Python coding; website development (particularly using the Django framework); Linux systems administration (Apache, *SQL, Postfix, Mailman, IPtables, Samba, Bash, etc.); and VoIP-based telephony (Asterisk and Freeswitch).

We can also do general computer and network support, online marketing, and a myriad of other technical and business odds and ends.  :)

Izeni is based out of Utah, but we can also telecommute.

Please let me know if you have any contracting and consulting opportunities or know of any companies looking for web guys, programmers, or other technical contractors. Otherwise, feel free to repost this (pass the word along), or just keep us in mind.

December 31, 2008
» 2008 was great!

I just wanted to put up a quick post and bid 2008 a happy farewell! I’m looking forward to 2009. We live in interesting times. 2009 will certainly bring some interesting twist and turns.

On new years resolutions - don’t make them! They never work. Create a real plan that works. Set real goals. I suggest reading The Game of Work for more on how to achieve your goals by implementing a real plan.

I’m continually amazed by all the opportunity in the world. With tough economic times ahead now is the time to do that thing you’ve been putting off. Go back to school, take up something new that interests you, get into that continuing education course, get back into school. Right now is the right time to start that business you’ve been thinking about. Things are going to be different in the next ten years. How will you leverage that to your success?

I wish you all the success in the world and a wonderful 2009!

» Republic Party Bones Up?

Now we’re talking:

EXCLUSIVE: RNC draft rips Bush’s bailouts
Ralph Z. Hallow (Contact)

Republican Party officials say they will try next month to pass a resolution accusing President Bush and congressional Republican leaders of embracing “socialism,” underscoring deep dissension within the party at the end of Mr. Bush’s administration.

Those pushing the resolution, which will come before the Republican National Committee at its January meeting, say elected leaders need to be reminded of core principles. They said the RNC must take the dramatic step of wading into policy debates, which traditionally have been left to lawmakers.

“We can’t be a party of small government, free markets and low taxes while supporting bailouts and nationalizing industries, which lead to big government, socialism and high taxes at the expense of individual liberty and freedoms,” said Solomon Yue, an Oregon member and co-sponsor of a resolution that criticizes the U.S. government bailouts of the financial and auto industries. Republican National Committee Vice Chairman James Bopp Jr. wrote the resolution and asked the rest of the 168 voting members to sign it.

I hope this resolution passes. It would be a clear sign (to me) that the Republican party is worth saving.

» Louis Gray to Join the SocialToo.com Board of Advisors

I’m very proud and excited to announce that Louis Gray, my publisher and fellow-author at LouisGray.com, will now be part of my company, SocialToo.com’s, Board of Advisors and helping us to further build out our strategy in the near and long-term future. Louis comes from a strong PR and marketing background, and when not blogging, he works in corporate marketing and public relations for a private Silicon Valley technology infrastructure company, and is an advisor to ReadBurner, Inc. Louis is a UC Berkeley graduate, holding a degree in Political Science and Mass Communications. He’ll serve as a great help in building out strategy for SocialToo, which I believe is a tool for Marketers, to a mass audience.

Louis approached me with several great ideas which I hope we can implement soon, and which we’ll be working to integrate into the already rich set of tools which SocialToo provides. His transparency in what he does I think will serve well in keeping us a responsible participant in building tools that work to meet the needs of all users on social networks our users belong to. Louis himself has quite the following, and has introduced the likes of Robert Scoble and others to FriendFeed - I’m sure you’ll be seeing more from us on that service now with him on board, especially as we branch out to other services beyond Twitter.

Louis was first to recognize and report TweetDeck, the now extremely popular Twitter Client. He was first to cover Social Median, which recently sold for several million dollars under a year. He’s covered many other very successful services and clients, and he’s one that knows a successful company when he sees it. I’m very honored and excited to have him on board, and plan for much, much more thanks to his advice and involvement in SocialToo going forward. Welcome, Louis!

» 20 business cliches that make you sound stupid

facepalm
I went to lunch today with an old business school buddy. We always have a good time making fun of brainless ideas while trying to make a honest buck. Today, we ridiculed some of the following business cliches, which are beyond stale and should never be used; otherwise you’ll sound like everyone else and influence few: (more…)

December 29, 2008
» Web 2.0 as a Private Advertising Platform (Newspapergirl Blog Request #1)

A couple of weeks ago I was talking to Janet Meiners Thaeler on the phone (AKA NewspaperGirl). Out of that conversation came two ideas that really hit home for her. She asked me to blog about each of them. Here’s the first post…

As Web 2.0 evolves it becomes more about micro-blogging and community rather than collaboration and user generated content. I think we’re really in a Web 2.5 phase with where Facebook and Twitter have evolved.

But what about making Web 2.0 a real business model? Most Web 2.0 companies, while providing cool services, have not been able to cut the mustard in the user or revenue department. The first problem is generating users. Once you hit critical mass, the second problem is figuring out how to monetize. Facebook is doing a good job monetizing based off the sheer number of pageviews they generate. Plus they have their own targeted ad network. Twitter has the opposite problem: lots of users and little to no revenue. They can’t figure out how to monetize the phone line. Digg, with its 30 million users and Microsoft ad deal, has generated $4.8 million in revenue while losing $2.8 million. That’s almost laughable.

So Web 2.0 is proving to be a cool community tool and a lousy business model. So what’s Web 2.0 good for? How about a proprietary advertising platform for paid services or products?

Since my recent foray into Twitter I’ve begun using TweetDeck almost exclusively. Its a nice application for managing Twitter friends and communication. But how the heck is TweetDeck monetized? It isn’t - its a labor of love. But what if the guy developing TweetDeck had another business? What if he had an online subscription business, or a consulting business or was a super affiliate or drop shipped product via Doba off his own Web site? If he did, then why not use TweetDeck as a private, proprietary advertising channel to promote his own product or services?

I have another friend who is building a cool Twitter app that will give TweetDeck a run for its money. He is also working on an interesting subscription-based business. The other day he asked me which Idea I thought he should put more effort and time into. I told him to build the business with the revenue model first then build the Twitter app and use it as a platform to promote the subscription business.

This isn’t an original idea. A lot of people are trying this with Facebook apps. Paul Allen at Family Link is trying to use Facebook apps to drive his subscription business but word on the street is that this marketing effort has had mixed results. I’d like to hear from Paul how its working out in terms building and driving actual revenue (not users) to Family Link and WorldVitalRecords.

I’ve also heard that Orange Soda, a Utah-based SEO company, is giving away SEO tools and then using the information generated when a person downloads those tools as a source for lead generation. You download a free tool…you get a call from a sales guys trying to up-sell you Orange Soda SEO services. Great strategy.

So I think Web 2.0 apps may find a useful home as a form of traffic and lead generation for some companies. If you’re thinking about building a Web 2.0 app you may want to ditch the idea that it will ever turn into a real revenue generating business. Instead build in the ability to advertise - to advertise your services, company, etc. Imagine if it took off - it could be a great channel for monetization.

Bottom line: If you’re going to build free, cool web apps and widgets you might as well get paid for doing it. Use the tools as an ad platform to drive traffic to your products or paid services.

» IMO: Best Jobs for the Next 10 Years

I hope you had a great Christmas. I spent a lot of time catching up on reading and writing blog posts. First up, I wanted to comment on where I think careers are going in the next 10 years. Why the next 10 years? Because its going to take that long to recover. That said lets look at where the jobs will and won’t be in the next 10 years.

Medical is always a great place to be in any downturn. However, medical isn’t completely safe. A lot of doctors have moved to “want” type medical practices because of the margins. Examples include plastic surgery and orthodontics. In a down economy, elective medical practices will suffer. Not only will elective practices suffer but people are also going to scrutinize all their general medical expenditures. There will be less doctors visits for colds and the flu. That could hit some medical professionals hard, but overall its still a great place to be.

Lawyers always find a way to make money in up and down markets but the reality is that lawyers just don’t make as much money as other lower hanging fruit professions. For instance, a good technology sales professional can easily make way more than the average attorney. A recent study showed that, on average, airline pilots make substantially more money than attorneys.

If I were an attorney - especially a young attorney trying to practice business law - I would get an MBA to differentiate myself. Take it from me, business people like dealing with attorneys who have a previous background in business or an MBA (preferably both). I have found that attorneys with these qualifications are better at understanding business problems and models. That’s value. That’s differentiation.

Certain areas of business will not only be safe but will command higher salaries in a down market. International business, computer programming, accounting, and sales are all growth jobs for the next 10 years.

Technology still looks strong perhaps because technology is so integrated into our society (people are not going to give up their Internet connection in a down economy). Amazon had its best Christmas ever which shows that things just continue to move to the web. Mobile phone app development will be huge - that’s the real Web 3.0 in my opinion.

Other solid areas of employment for the next 10 years include higher education, alternate or online higher education, teaching in general, Green Tech, environmental, alternative energy, and security. Business brokering also looks good as more and more baby boomers plan to retire and sell their businesses.

Where would I not want to be working right now or in the next 10 years? Financial services, hospitality, banking, insurance, restaurants, traditional high overhead retail, non-medical and non-military manufacturing, and the auto industry in general are all going to take big hits in the next ten years.

Anything in housing is going to suck for the next 10 years. Real estate agents, mortgage guys, title companies, architects etc…look for a new job. On the mortgage side, I would suggest looking at selling reverse mortgages to baby boomers. On that note, any product or service to baby boomers might be a good market especially if its a product or service that saves money.

If you’re in a “want” not “need” B2B business then you’re in trouble. Examples include the Better Business Bureau and your local Chamber of Commerce. Businesses won’t shell out fees for the privilege of putting a sticker on their window. Consultants, trade associations, PR firms, and ad agencies are going to suffer through this downturn. The strong will survive but they’ll be forced to drop fees or lose customers.

In conclusion…

Like I’ve said time and time again, now is a really good time to buy or start a business. Figure out how you can create a second stream of income. Create your own job security.

Remember, anyone can get laid off. If things get bad enough then no one is safe. The more you add value to your employer, the more creative you are, the more money you save or make then you are more of an asset than the guy sitting next to you.

On a final note, it never hurts to have an education. My opinion is that you should get as much education as your industry requires - maybe more. A bachelors degree will not cut it in the depression economy - its too commoditized. If you work in business get an MBA from a night program. It will give you an edge. A good education and the right experience will always pay off no matter what industry you work in.

Best of luck and have a great 09!

December 18, 2008
» Twitter Thoughts

What’s wrong with me? First I start using a mac now I’m on Twitter. Before you know it I’ll convert to the Jehovah Witnesses. Yeah, Its been that strange.

Here are my high level random thoughts so far:

Use Tweetdeck instead of posting to Twitter. Tweetdeck is cool but I wouldn’t doubt it if something better was on the horizon.

I view Twitter as the phone line. The Tweetdeck guy could make money but how is Twitter going to truly monitize itself?

Tweetdeck makes digesting information and tracking conversations easier but there is still too much to keep up with. I also feel like I’m in an echo chamber.

The community is the only reason why Twitter still exist and that has some value. Unlike Google, if a better service came along people would be slow to leave. The community is key!

I see a lot of people wasting time on Twitter - how do people work when they keep getting distracted.

What is the best way to build followers? I get the sense that its kind of like building an MLM downline: buy my stuff and I’ll be your friend.

Stay tuned…

December 15, 2008
» The smartest internet guy I know

Kirt doesn’t know I’m posting this, but here goes.

There are 3 people I can say have taught me significantly more than anyone else along my career.

  1. Paul Allen - helped me get my start in this business
  2. Scott Boulch - really pushed my career over the edge
  3. Kirt Christensen

I didn’t put anything next to Kirts name above because this post is about him.

I can honestly say that I have never met someone who knows more about doing business online than Kirt.

  • He’s the single most knowledgeable, successful, “I touch it and it turns to gold” person I know in the online world.
  • I’ve turned to him countless times and always gotten a better answer than I had hoped for.
  • I’ve looked at businesses he’s done numerous times and thought “Why the heck didn’t I think of that…it’s so simple…yet sooo genius!”
  • He gets so ridiculously much done, I don’t know how he sleeps (or skis, or wakeboards, or travels around the world).

If you’re looking for someone to mentor you in the online space, look at Kirt. I can almost promise you won’t be disappointed.

Audio Podcast

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December 14, 2008
» Schiff: Bernanke and Paulson like two drunk pilots who don’t know how to fly a plane (and other great one-liners)

I love Peter Schiff and I’m going to keep putting up his videos. The guy knows what he’s talking about:

On Paulson, the guy is going to get fired on January 20th but don’t worry - Obama is going to appoint another Bernanke puppet to help fly the plane into a cliff. Its hard to have hope when so much crap is going on around you but being educated is better than being ignorant and thus unprepared.

I had a friend call me the other day who has often accused me of being “too negative” on my blog. Then he started to ask me about some of the problems with the economy. It quickly became apparent that he had no clue about what’s going on in the world. When we got done he had dumped the “positive” talk and started to ask me what I thought he should do.

Ignorance isn’t bliss, my friends. Sometimes being “positive” does those around you a big disservice.

“…and it becometh every man who hath been warned to warn his neighbor.” (D&C 88:81)

Won’t you be my neighbor?

December 13, 2008
» Janet’s Revenge - Hell Has Frozen Over

OK, well Hell has frozen over. After a couple of years of bagging heavily on Twitter, Janet got me to sign up today. Here’s the story:

Last night I was at Scott Lemon’s house and he was showing me a couple of cool projects he’s working on. He then showed me some cool apps related to Twitter. It dawned on me that even though Twitter still sucks people on the periphery have built some cool Twitter-based apps with some very interesting functionality and it got me thinking about a couple things.

Well, last year I commented on one of Janet’s posts about how she blogs way too much about Twitter and I threatened to stop following her blog because of it. Needless to say that really pissed her off. So we were catching up on a few things this morning and she told me that she brought that story up last night at the CoWork Utah event. Funny. After the call she emailed me and told me that I ought to register my name to at least hold a place on Twitter. So I thought what the heck that can’t hurt anything. Shortly thereafter Russ Page found me and put up a tweet about it. Now everyone knows!!!

You can follow me @chrisknudsen.

This should be interesting.

December 12, 2008
» Start Up Now - You Have Nothing to Lose.

I was just sitting here thinking about my day. Earlier I talked to local web wonderdude, John Jonas. The guy is working on a very cool idea that saves people a lot of money. I then had a friend call me on the way home with a good business idea. He wanted to know my thoughts. That call finished as I was pulling up to another friends house so he could show me some projects he’s been working on. He had some very interesting technologies he’ll be launching in the coming weeks.

Now is the right time to start a business. You have nothing to lose.

If you fix a market’s pain - start up now. If you save people money or time - start up now. If you can help people make money - start up now. Go out and get it done. Find other people who are willing to get it done with you. Pool resources. Network like there’s no tomorrow. Work nights. Talk to the right people. Just do what you need to do and make it happen.

Entrepreneurs are like firemen - when everyone else is running out of the burning building, they’re running in with the solution to the problem. Trust me, billionaires will be made out of this crisis.

If you need any friendly advice please do not hesitate to contact me. If I can’t help you then I’ll bet I know someone who can. I’m not selling anything. I don’t consult anymore because I have a real job now. So if you need some marketing or sales tips I can probably help you. We all need to be in this mind frame: put your issues aside and start helping each other out.

P.S…a little prayer goes a long way too!

December 11, 2008
» UTC Event: Selling in a Down Market

Yesterday I attended a UTC event about selling in a down market. Don Cash, the VP of sales at Omniture, led out the discussion and he did a great job! I took down some notes and I thought I’d share them here with you. Ninety-nine percent of the information I heard was not new to me so what I’ve included below are my takeaways of things you ought to be doing or thinking about if you employ a direct sales force.

-    There’s no magic bullet to selling in a down economy - get back to fundamentals (think block and tackle).
-    Time is money – convert everything you do to dollars and cents. Think in terms of ROI.
-    The best sells people are those who can sell in a down market.
-    Executives should be selling – Josh James is selling at Omniture.
-    Every lead not acted upon is a missed opportunity (call all your inbound leads in the first 5 minutes).
-    Its a great time to hire – good people looking for a job are abundant.
-    Small “heal bitter” competitors will die – will you live?
-    Spend money on marketing and sales now – put the nail in your competitors coffins. Use this as an opportunity to expand your market share.
-    Don’t get doom and gloom – sales people need to be optimistic - don’t let bad news get them down.
-    Don’t let non-sales employees get your sales people down.
-    Focus hard on current customers – its easier to retain then to get new customers.
-    Omniture is cutting back on expenses like tradeshows and allocating to more productive lead gen sources.
-    Give prospects a better deal (price, terms, etc) – give existing customers a better deal.
-    Ask your customers for leads.
-    Networking pays off!
-    Remain calm – don’t let everyone get riled up - focus on the big picture.
-    Assess your own viability - make adjustments to your business model.
-    Now is the right time to differentiate and go for the competitions throat.
-    Minimize client risk (think guarantee, reduced terms, etc).
-    Businesses that save clients money will get prospects attention - address the fact that your product can help in a down economy (if it can).
-    *Sell directly to the pain!*
-    Refine your unique value proposition – simplify your message.
-    Position your pitch against your competitors.
-    Research your pricing options – what is the deepest you can go on discounts – don’t be rigid about pricing and terms – facilitate business.
-    Prioritize your opportunities.
-    Go back to your old leads and re-market.
-    Funnel all reserve cash into sales channels and marketing efforts with proven, realizable ROI’s.
-    Get metrics in place – numbers count – double your efforts!
-    Celebrate your victories for morale – enjoy the moment and find ways to stay motivated.
-    Become a leader, be positive, focus on the fundamentals.

We then went into a Q&A breakout session that had a little bit of group therapy feel to it. Here are some of the takeaways from that part:

-    Talk pain points with customers.
-    Address the economy head on and use it to pitch your value and why others are buying from you.
-    Shift away from bad industries – go where the money is.
-    Guarantee it!
-    Don’t assume everyone is on a buying slump - find the prospects with cash.
-    Pay a commission (no kidding, right?)
-    Increase incentives to sales people, create competition, hold sales contests.
-    Customize your pitch (consultative selling).
-    How do you increase the number of people you talk to? Sales is a numbers game.
-    Find the M.A.N. (Money, Authority, Need).
-    Don’t cold call – do it smart!
-    Consensus takes away risk! Get everyone to agree!
-    Tell a story!
-    Write a book and be an expert.
-   Hire a dedicated demand generation manager. Marketing and quality leads are the key to success!

The best part of the meeting was listening to Don talk about the fact that there are salespeople at Omniture who make upwards of $800k per year. No, I’m not kidding. That’s freaking cool!

The other thing that was shocking to me was that some attendees with words like “vice president of sales” in their title were acting as if they hadn’t heard some of these things before. Give me a break. This list just scratches the surface of what you should really be doing so if you aren’t even doing the basics then you could be in a lot of trouble.

Best of luck!

» Succeeding In Your Online Business (4 of 4): Implement Everything!

3 reasons you should implement everything you know:

  1. It’s not that hard
  2. You feel so much better about yourself when you do things, instead of just learn them
  3. You’ll make a heck of a lot more money!

You can outsource almost all of it.

Steps in this series:

  1. Make Sales
  2. Use Adwords
  3. Article Marketing and JV’s
  4. Implement Everything

Please comment!

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» Credibility Matters

One of the things I have tried time and time again to impress on sales and business development people who have worked for me over the years is this:

Professional communication = credibility!

The other day I had a call came in from an unknown number so I let it go to vmail. When I got around to the vmail I heard the following message:

(in the fastest, mumbled Midwestern accent you can imagine) “Chris (mumbled as his hand moves over the mouth piece of the phone) calling in regards to your inquiry (more mumbled) you can call (mumbled)…oh, I’m here until five central”

Will I be calling this person back? No.

As a sales or business development professional everything you do says a lot about you and the organization you represent. The emails you send, the voice mails you leave, the way you act in face-to-face meetings, the way you communicate over the phone, the knowledge you possess, the way you carry yourself, and even your personal hygiene say a lot about you and the company you work for. Here’s the rest of the formula:

Professional communication = credibility = success!

December 10, 2008
» Succeeding In Your Online Business (3 of 4): Articles and Jv’s

The first part of this step isn’t debatable.The second part is.

For some people, JV’s should come after parts of step 4. For others, it should be step 3.

Article marketing SHOULD NOT be skipped.
It should also NOT be put before adwords. I see sooooo many people do this. They don’t focus on making sales, they just write articles and send the traffic to their crappy website which they never tested.

FAILURE!

Everything works…when done in the right order.

Steps in this series:

  1. Make Sales
  2. Use Adwords
  3. Article Marketing and JV’s
  4. Implement Everything!
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» Picture 1.png

Picture 1.png

This Thursday, December 11, I will be speaking on a panel at a Tweetup (that’s Twitter-speak for get-together) in the very first Utah Coworking Office. The offices are located in Orem, Utah, and promise a location where everyone can bring their business, pay a shared fee covering only rental costs, and share the company of others as you and your business gets off the ground. It’s unique of its kind for Utah, and should prove popular amongst many entrepreneurs looking for a place to hunker down while they work.
You’re invited! On December 11 from 6:00pm to 9:00pm they are having a Tweetup at the new Cowork Utah offices. All in Utah are welcome, and as part of the Tweetup, me, @ashbuckles, @newspapergrl, @mollermarketing, and @mickhagen; will discuss Twitter, what it is, why it’s useful, why it isn’t useful, and other topics as you enjoy the company of others at the event.
So come on over for some great company, great food, and a great opportunity to see what the new concept of “Coworking” is bringing to Utah as we participate in this event.
The address for the event is:
383 N. State St., Suite 201 (second floor)
Orem UT
You can download the flyer for the event here.

December 9, 2008
» Succeeding In Your Online Business (2 of 4): Adwords

I’m not the first to say this, neither am I the last.

But, it’s something people miss over and over again.

The first place you should look for traffic to your website is Google Adwords.

Use adwords because:

  1. you get immediate traffic
  2. you get immediate feedback
  3. you can track what is working and what isn’t
  4. you figure out which keywords convert and which ones don’t
  5. It’s the furthest thing from shooting in the dark as you can get online

Steps In This Series:

  1. Make Sales
  2. Use Adwords
  3. Article Marketing and JV’s
  4. Implement Everything!

Please comment and Digg if if you like it ==>

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» This about sums it up

Wide swaths of the U.S. have been taken over by open air mental institutions. No fences to keep people in. No padded rooms. Just lots of crazy people milling around.

-Anonymous

December 8, 2008
» College Bowl Game Schedule 2009

2008-09 College Football Bowl Schedule Bowl Game Date/Time Site Matchup Network EagleBank Bowl Dec. 2011 a.m. Washington, D.C. Wake Forest vs. Navy ESPN New Mexico Dec. 202:30 p.m. Albuquerque, NM Colorado State vs. Fresno State ESPN St. Petersburg Dec. 204:30 p.m. St. Petersburg, FL South Florida vs. Memphis ESPN2 Pioneer Las Vegas Dec. 208 p.m. Las Vegas, NV BYU vs. Arizona ESPN R+L Carriers New Orleans Dec. 218:15 p.m. New Orleans, LA Troy vs. Southern Miss ESPN San [...]

» Success In Your Online Business (1 of 4)

This has been bugging me for a long time. I finally did a video for it.
Nobody talks about this. It’s super simple, yet it’s what causes 98% of online businesses to fail.

This is only for people trying to run an online business
If you’re not running an online business, you can skip my next 4 posts.

As far as I’m concerned, there are only 4 steps for making an online business succeed. And, in reality, you can succeed with just steps 1 and 2.
The problem is, most people skip 1 and 2 and only do 3 and 4.

(Yes, I did just call out Henry and Dustin.)

After I made this video, I realized that a lot of people out there are trying to make money as an affiliate.

So, here’s a video for you:

Yes, I just made fun of a whole bunch of you.
Yes, I just trashed on every “pre-made, template, 99% of the work is done for you” website ever created.
Why?
They don’t work!

This is step 1. If you skip it, you can’t succeed.
You HAVE to understand why you’re selling, what you’re selling, to whom you’re selling, and why they’re buying it, or you can’t make money online.
This is the only part of this that can’t be outsourced!

Steps in this series

  1. Make Sales
  2. Use Adwords
  3. Article Marketing and JV’s
  4. Implement Everything!

Please comment.
Digg it if you like it ==>

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» The Startup Myth

The world would be a much better place if less people tried to build startups. Don’t get me wrong, I’m not saying we could use less entrepreneurship. Innovative entrepreneurs will pull us out of this recession more sustainably and more meaningfully than any government bureaucrat with indirect policy levers could ever do.

What I am saying is that we need more people wanting to build companies, not startups. That is not a too subtle distinction. Would-be entrepreneurs proclaim proudly how they are starting new businesses and are willing to endure many years of blood, sweat, and tears. To be sure, the willingness to work hard and persevere ranks high on the list of essential entrepreneurial character traits, but I think we have over-romanticized the startup life.

Low pay/no pay, long hours, and years of struggle have come to be badges of honor for those of us still in the minor leagues of startups. We’ve either frantically adjusted our business models (groping after every hot trend like Web 2.0, social networking, or microblogging) or we’ve stubbornly stuck to our original ideas regardless of market feedback. The most important thing we have in common is that we’ve been unable to graduate to the major leagues of thriving, growing, established companies too big and successful to be called startups.

However you define a startup, trust me, there is no glamor or glory in remaining a startup. But we’ve come to fall in love with the Myth of the Startup. We all know a few guys who seem to perpetually be working on a startup. They love the story of being a startup entrepreneur and the attendant lifestyle. Even more pronounced is the first-time entrepreneur who has bought into the Startup Myth. His romantic vision of startup life becomes a self-fulfilling prophecy and he is destined to struggle with a small “startup” because that’s what he wants.

Ramen NoodlesDump the warm fuzzies. Entrepreneurship is not about startups. Entrepreneurship is not about eating ramen noodles and scraping by. Entrepreneurship is not about being able to tell your friends and family you are a founder of a startup so you can finally impress them. Entrepreneurship is not about working 12 hour days ad infinitum and sleeping only 4 hours per day to show the world how tough and committed you are. Entrepreneurship is not about attending industry conferences so that you can hear yourself speak and tell your competitors how excited you are about your opportunities. Entrepreneurship is not about blogging about entrepreneurship. Most of all, entrepreneurship is not about some romantic ideal of living a tough startup life.

Get real. Entrepreneurship is about growth and value. Entrepreneurship is about creating something a sufficient number of people want or need. Entrepreneurship is about turning every dollar of resources spent into something worth more than a dollar. Entrepreneurship is about building a company and growing it beyond startup stage.

The list of what entrepreneurship is not is much longer than the list of what entrepreneurship is. That’s because there are a lot of things people associate with entrepreneurship that really don’t have anything to do with entrepreneurship. It’s like describing a hamburger. Despite the many different ways to make a hamburger, there are almost infinite ways to describe what a hamburger is not.

Dream, dream big. Think, think different. Start a startup and eat ramen noodles (rice and soy sauce in my case) if you have to. Revel in your foldout tables and chairs. Dance a jig in your cozy garage. But realize that all these are just trappings of a startup. Figure out a way to scale so that your startup can grow to be a valuable company. Build a company, not a startup. If you love the startup lifestyle, leave your company after it outgrows you to start something new again. It’s a good thing to have your company outgrow you, your garage, and your romantic visions of what it means to be an entrepreneur.

Hewlett Packard Garage

Hewlett Packard Garage

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December 2, 2008
» Presentations Available With Audio

Just a quick update - I’m posting my Ignite presentation below, dubbed with audio this time. It should be a great primer to get you started in Facebook Development. Also, scroll down and you’ll be able to listen to the panel I joined at Global Entrepreneurship Week Utah 2 weeks ago.

Facebook Development in 5 Minutes

The Flash plugin is required to view this object.

View SlideShare presentation or Upload your own. (tags: city lake)

Here is the GEWUtah Panel (taken from http://www.utahpulse.com/featured_article/unleashing-ideas-conference-viral-marketing-secret-weapons-a-down-economy-panel-dis):

» Recession vs. Depression

You may have noticed it was announced today that we’ve been in a recession since December 2007. That means we’re a year into a recession that isn’t likely to end anytime soon. So what’s the difference between a recession and a depression?

I thought About.com had a pretty good write up on the subject. In part, they state:

“The difference between the two terms is not very well understood for one simple reason: There is not a universally agreed upon definition. If you ask 100 different economists to define the terms recession and depression, you would get at least 100 different answers. I will try to summarize both terms and explain the differences between them in a way that almost all economists could agree with.”

—-

“Before the Great Depression of the 1930s any downturn in economic activity was referred to as a depression. The term recession was developed in this period to differentiate periods like the 1930s from smaller economic declines that occurred in 1910 and 1913. This leads to the simple definition of a depression as a recession that lasts longer and has a larger decline in business activity.

So how can we tell the difference between a recession and a depression? A good rule of thumb for determining the difference between a recession and a depression is to look at the changes in GNP. A depression is any economic downturn where real GDP declines by more than 10 percent. A recession is an economic downturn that is less severe.

By this yardstick, the last depression in the United States was from May 1937 to June 1938, where real GDP declined by 18.2 percent. If we use this method then the Great Depression of the 1930s can be seen as two separate events: an incredibly severe depression lasting from August 1929 to March 1933 where real GDP declined by almost 33 percent, a period of recovery, then another less severe depression of 1937-38. The United States hasn’t had anything even close to a depression in the post-war period. The worst recession in the last 60 years was from November 1973 to March 1975, where real GDP fell by 4.9 percent. Countries such as Finland and Indonesia have suffered depressions in recent memory using this definition.”

—-

When I was in MBA school our econ professor (yes, I was listening Aric) defined a recession as a downturn lasting at least two quarters. So we’ve easily met that definition. One can only wonder how deep and severe this recession will go. Given the ominous happenings of the last couple of months I hope and pray that we don’t find ourselves knee deep in a depression next year.

On another note, if you’d like a different look at the Great Depression I’d suggest picking up The Forgotten Man. You’ll learn all kinds of cool things your 11th grade, FDR-loving history teacher didn’t tell you. Good stuff.

Also, if you have 16 minutes and you want to learn how about how the Government use Hedonics to manipulate economical data then watch this. Lesson learned: don’t trust the governments statistical information on the economy. Its intentionally manipulated.

In conclusion, Valleywag said it best:

What, now they tell us? A recession is not a recession until the number-driven meritocrats of the National Bureau of Economic Research declare it to be one. And now they have. The current recession actually began a year ago, in December 2007. The past 11 months? Blissful ignorance.

Hold on for your life!

November 26, 2008
» George Washington on Thanksgiving

On October 3, 1789, President George Washington issued his National Day of Thanksgiving proclamation. He said (in part):

“Whereas it is the duty of all nations to acknowledge the providence of Almighty God, to obey his will, to be grateful for his benefits, and humbly to implore his protection and favor …. And also that we may then unite in most humbly offering our prayers and supplications to the great Lord and Ruler of Nations, and beseech him to pardon our national and other transgressions …. To promote the knowledge and practice of true religion and virtue …”

Have a great Thanksgiving!!!

» Prop 8 - its time to put this baby to bed

Joel Campbell with the Mormon Times wrote the following article on the LDS Church and Prop 8. In my opinion this is the best article I’ve read on the topic. I’ve also posted some of my own thoughts below. Enjoy:

I thought I was done with writing about the aftermath of Proposition 8, but the Mormon Media Observer can’t ignore the endless drone of reporting, name calling and finger pointing in the blogosphere, news media and public square. Here’s to setting the record straight.

Exploiting bigotry against Mormons

A University of Montana professor said it best when he told an AP reporter that Mormons had been singled out for “selective indignation” by activists who support gay marriage. This week a National Review editorial put latter-day saints’ Proposition 8 support into context.

“To date, 30 states have voted on initiatives addressing same-sex marriage, and in every state traditional marriage has come out on top. But somehow the fact that Mormons got involved during the latest statewide referendum constitutes a bridge too far? In truth, Mormons are a target of convenience in the opening salvo of what is sure to be a full-scale assault on much of America’s religious infrastructure, which gay activists perceive as a barrier to their aspirations. Among religious groups, Mormons are not the biggest obstacle to same-sex marriage — not by a long shot. But they are an easy target. Anti-Mormon bigotry is unfortunately common, and gay-rights activists are cynically exploiting that fact.”

The Dallas Morning News called out activists on some of their tactics.

“A cause, no matter how just, can only be harmed by thuggish tactics. Our pluralist democracy depends on a citizenry committed to working out differences with civility. The protesters who made the most enduring difference over time did not infringe on others’ rights; they were peaceful, not violent. Their unwavering devotion to the high road frustrated their opponents and swayed popular opinion. The right to free speech is only meaningful if all Americans are at liberty to exercise it without fear for their property or their safety. There’s a world of difference between we shall overcome and we shall overrun.”

Proposition 8 opponent and Fresno Bee columnist Bill McEwen was a little more blunt:

“Since California voters approved Proposition 8 three weeks ago, gay-rights activists have been their own worst enemies. You’ve protested at Mormon temples and evangelical churches in Southern California. You’ve gotten mad at black voters who overwhelmingly supported the gay-measure ban. Talk about dumb. Confronting people at their places of worship doesn’t help your cause nor does it advance the IDEA that marriage is a civil right. The only thing these protests have accomplished is to anger the very people you need to win over — and embarrass your supporters.”

Alfred Gunn, an LDS guest columnist in Washington state also helped put the LDS beliefs into context.

Church’s retreat?

Stephen Stromberg, an Economist reporter writing in the Washington Post, claimed that the LDS Church seemed to be less willing to take credit for its participation in Proposition 8 passage after the post-election protests. The fact is that the church has consistently explained its role in a broader coalition and takes a bold stand that is now supported by a democratic election. Instead of helping to clear up century-old stereotypes and misperceptions, Stromberg instead chooses to reinforce them.

“It’s unusual for an institution to shrink from responsibility for a victory at the ballot box. But being Mormon isn’t quite like being, say, Southern Baptist. The highly centralized LDS Church makes a lot of Americans nervous, and it has done so since Joseph Smith founded the movement, which was driven out of state after state before settling in the Salt Lake Valley. Where some see an efficient religious organization that requires unusual devotion from its members, others see conspiracy, even cult.”

Instead of the scenario that Stromberg paints, I would argue that gay activists have been trying to frame the story “gays vs. Mormons” long before ballots were cast. In turn, the media, including the venerable Los Angeles Times and Wall Street Journal, all ran major stories using this simplistic frame. It was reinforced by activists who started black-listing Mormons who contributed to the cause and then sharing their findings to the media. In many cases, the media were sometimes co-opted by Proposition 8 opponents as they laid out an easy story for journalists to report.

Stromberg is not alone. The New Yorker’s Hendrik Hertzberg goes on a long anti-Mormon rant about the “irony” of polygamy and same-sex marriage. (Please see the earlier Mormon Media Observer column responding to the polygamy irony argument.) It’s not the first time Hertzberg has piled on the LDS Church. He did it during Mitt Romney’s campaign when he wrote a long-winded mockery of LDS beliefs, which he called “breathtaking.”

Where’s the outrage?

Wall Street Journal writer William McGurn also pointed out some of the irony in some of the recent attacks on Mormons.

“In modern America, of course, these acts all come under the banner of ‘tolerance.’ And it’s interesting that all those so outraged by the alleged disrespect toward the Koran shown by Guantanamo prison guards (the most sensational report was later retracted by Newsweek) appear unperturbed by the ugliness directed against our Mormon brothers and sisters. The temptation can be to saddle up the horse and ride out to take one’s assigned place in the Great American Culture War. Except for one little thing. What we have in America is less a culture war than a constitutional war. And if we could just straighten out the latter, we’d go a long way toward diffusing the former.”

Possibly worse, “South Park” producers are saying they are considering a mocking “Mormon Musical” on Broadway. Would sophisticated New Yorkers put up with a bigoted lampoon of Jews or Muslims on stage?

Thankfully, people of faith are standing up for latter-day saints including those signing an online petition. See a Mormon Times article and a column here. A rabbi also wrote an emotional “We Are All Mormons.”

Civility

Unfortunately much of the public discourse about pro-marriage proposition seems to demean those who espouse it. Charles Haynes, a First Amendment scholar, said those of both sides need to respect that each other holds beliefs they disagree about.

“Both sides, of course, have a First Amendment right to make these arguments and to attack one another with zeal. Mormons or members of any other religious group are free to enter the political fray and argue vigorously for what they believe. And supporters of gay rights are just as free to fight back. What shouldn’t get lost in the melee, however, is that fighting hate with hate can be destructive and counter-productive. Just who is on the side of history in the marriage debate remains to be seen. But here’s a prediction: The side that wins minds and hearts with robust but civil discourse is far more likely to prevail.”

—-

So here’s my take: I am not so much concerned about what the rest of the world thinks of the LDS Church. I am not concerned about Utah’s supposed “image” problem or threats of a Utah boycott. It isn’t going to happen. I’m not concerned about how this may negatively impact the Utah business community. Long term - it won’t have an impact. Its time for people to stop freaking out over it.

What I am much more concerned about (or maybe interested in as I observe) is the impact this debate has had on the membership of the LDS Church. I think its interesting to see the various opinions. Yes, everyone has an opinion - myself included. But for me it boils down to this: I’m a card carrying member (Mormons know what I’m talking about and that is who this is directed to). That changes things for me.

We’re real big in the Church on free agency and common consent. That’s all fine but whose side are you on? To those card carrying Mormons who are openly opposing the Church on this issue - how will you answer questions about sustaining the President of the Church or the question about agreeing with groups whose teachings or practices are contrary to or oppose the Church? How will you answer these questions next time you sit down for your recommend? Again, whose side are you on?

As for me, I have raised my hand and sustained the man and that is where I now and always will stand.

I’ll leave comments open on this one but I will not approve any anti-Mormon ranting so don’t waste your time.

November 24, 2008
» Report: What the next depression will look and feel like

000image.jpgBoston.com has published an interesting story surmising what a depression in the 21st century might be like. While the Great Depression and all its similarities to our current situation was very public, the New Depression (defined as a recession lasting a few years and unemployment upwards of 25%) will be very private, the article suggests, given the proliferation of the Internet to perform many daily duties including shopping, banking, entertainment, and communication. In short, author Drake Bennett expects long lines at the ER since people will drop their health insurance, a television boom since it’s the cheapest form of entertainment (movies and baseball were in the 30s, but not anymore), and barren suburbs due to crashing home values. Oh, and those shiny gadgets (bu-bye iPhones) will be traded in for reliable and durable tech like Nextel phones, and people will stop consuming organic food and other snobbery items because they’re too expensive.

[Thanks, Connor]

» Forbes Web Article: An S.O.S. to Silicon Valley

I came across this Forbes’ article through a work contact.  I really enjoyed the content and wanted to save for future reference and figured I might as well post it to my blog in case it was of interest to any of you readers. 

An S.O.S. To Silicon Valley 
Sramana Mitra 10.10.08, 6:00 AM ET

An Open Letter to the Leaders of Silicon Valley:

The world needs you.

You, more than anyone else, have the track record of rejuvenating an economy in dire straits.

We have, today, an economy Washington will not be able to handle–and that Wall Street certainly can’t handle. It is you, Silicon Valley, who needs to step up to the plate.

Remember the Clinton years? Sure, Bill Clinton takes credit for the prosperity, but anyone who pays attention knows that ’90s boom was Silicon Valley’s doing. Valley-inspired entrepreneurship washed away most of the $300 billion deficit that haunted the U.S. economy early in the decade.

The Internet created millions of jobs through active entrepreneurship, and Silicon Valley gave life to the Internet through bold and visionary investing. John Doerr of Kleiner Perkins Caufield & Byers set the Internet bonanza in motion with his investment in Marc Andreessen’s Netscape, followed by Jeff Bezos’ Amazon.com. Sequoia’s Mike Moritz followed by putting money into the hands of Jerry Yang and his fellow Yahoos. The guys at Benchmark backed Pierre Omidyar’s eBay in 1997. And eBay alone, as John McCain reminded us this week in the presidential debate, today supports the livelihood of 1.3 million people (see “Stimulus Package For Entrepreneurs”).

Soon, entrepreneurs and venture capitalists were rushing to build companies around e-commerce and search. Many failed, and the market collapsed in 2000–but not before it spawned yet another milestone venture: Larry Page and Sergey Brin’s Google in 1998.

The early years of the 21st century might have seemed dry as the economy tried to recover from the dot-com collapse and the tragedy of 9/11. But during those early years a group of entrepreneurs led by Marc Benioff of Salesforce.com laid the foundation for a whole new movement now known as Software as a Service (SaaS), which has more recently broadened its scope to cloud computing. (See “‘SaaS-ing’ Back At The Economy.”)

Most of Silicon Valley’s VCs missed this trend in the beginning–with one notable exception. Brian Jacobs, Jason Green and Gordon Ritter started a firm called Emergence Capital at a time when Silicon Valley companies stuck to business models built around “products.” Emergence Capital would, instead, invest in “services” companies. Today, its leadership has played a pivotal role in creating a thriving eco-system that supports numerous entrepreneurs building ventures aligned with this trend, and funding is abundantly available for them to move forward. (See my account of Brian Jacobs here.)

John Doerr’s remark, in the middle of the ’90s boom, that the Internet was “underhyped” provoked more than a few snarky comments. But he was right. Now we have SaaS, Web 2.0 and cloud computing–with the prospect of Web 3.0 on the horizon.

Doerr and his former Kleiner colleague Vinod Khosla also provided exemplary leadership in jump-starting the clean-tech industry. T.J. Rogers, then chief executive of Cypress Semiconductor, spotted the trend early as well and invested in SunPower, which has become one of the darlings of the solar-energy boom. From electric cars to alternative energy and clean air to clean water, those early successes are validating the industry’s potential to create wealth. Entrepreneurship is active, jobs are being created and problems will get solved.

In all this, leaders of Silicon Valley, you have identified problems, found technology-leveraged solutions and built industries, not just companies.

I ask you, then, to rise up to the challenge again. Education, health care, social security: These domains need your voices, your intellect, your credibility, your time and your money.

In each of these domains, there are some early successes. Edward Fields is breaking through the morass of education problems with his start-up, HotChalk (see “A Technological Fix For Education”). Kirk Loevner is cracking health care with Epocrates. Their experiences offer some insight into alternative business models, marketing models and approaches to problem solving–most notably using advertising dollars to fund resources for teachers, students, doctors and patients.

In education and health care, a tremendous amount of inefficiencies can be tackled with technology. Barack Obama, if he wins, will need help figuring out how to reform health care and education from within the system without further ballooning the deficit.

In 2007, the U.S. spent about $2.26 trillion on health care, or $7,439 per person. It spends $1,000 per year per person in administrative costs, which puts the cost of the system at over $250 billion. This jaw-dropping number stares at me like a bottomless sewage pit of wasted resources, yet it’s also an indicator of where technology can make huge improvements.

Education faces similar problems. Administrative costs eat up budgets, leaving little left over for teachers.

As the smart-phone movement marches on, led by Steve Jobs’ iPhone, can we not create seamless bridges between doctors, patients and insurance providers that can reduce the $250 billion expenditure in health care administration?

And on the Internet, can we not create a body of standardized content and methodology for teachers all over the U.S.–or the world–that includes parents in the process and engages children via “edutainment,” the same way MySpace and “World of Warcraft” engage kids?

Leaders of Silicon Valley, your answer to all these questions should be “yes.” Don’t let the current miasma of fear slow you down.

You have to lead. You have to create. You have to build. You have to invest.

You, Silicon Valley, need to pull the U.S. and world economies out of the mess that Wall Street and Washington have created.

I know you can do it.

November 23, 2008
» Currently Reading

Here’s a list of the reading I’ve been into lately. Enjoy:

Doctrinal Commentary on the Book of Mormon Volume 4 by Millet and McConkie. I’ve been reading this tome over the last year and recently finished it. Its about 1,400 pages over four volumes and its absolutely brilliant reading. I highly recommend it!

I just picked up The Student’s Guide to the Doctrine and Covenants. I’m trying to get a jump start on my Sunday School lessons for next year.

I just finish The Revolution: A Manifesto by Ron Paul. See my blog post on this book here.

Clark just loaned me World War Z: An Oral History of the Zombie War. Z is a fun, creatively written book that I highly recommend if you’re into Zombie stuff. Very cool.

On the recommendation of Ken Krougue at InsideSales.com I picked up The Ultimate Sales Machine by Chet Holmes. Its giving me some good ideas that I need to implement into my sales organization.

Total Resistance by Von Dach. I have no idea why I picked up this book but its got some cool stuff in it.

A Crime So Monstrous: Face-to-Face with Modern-Day Slavery. I’m writing a blog post on this book now. It has some very disturbing information on modern-day slavery.

The End of America: Letter of Warning to a Young Patriot. Yes, I bought a Naomi Wolff book. Crazy, I know, but I heard its great.

Richistan: A Journey Through the American Wealth Boom and the Lives of the New Rich. I just finished this book and it had some crazy info in it. Throw out everything you learned in The Millionaire Next Door. The game has changed.

I was reading Three Cups of Tea: One Man’s Mission to Promote Peace…One School at a Time. I love the story behind this book but I hate the way it’s written so I put it down.

What are you reading? I’m always interested in a good recommendation.

» Peter Schiff on the Collapse of the Dollar

It’s End-the-Fed day today. I thought I’d commemorate it by posting a video featuring Peter Schiff (Ron Paul’s campaign finance advisor), who accurately predicted the sub-prime meltdown and the ensuing recession.

Some great quotes (emphasis added):

Our markets are going lower. This is not just a financial crisis; this is an economic collapse. Our entire phony economy is collapsing around us. There’s nothing the government can do to stop it; they should get out of the way and let it happen.

—-

Look, you have to understand: for the past several years everybody thought we had a real economy. We didn’t. We had a bubble. All we did was borrow trillions of dollars from the rest of the world, and we blew all the money on consumption. We can’t pay the bills. The asset bubbles that were inflated by reckless monetary policy are deflating around us, and we’re going to have to rebuild a viable economy; and it’s not going to be easy. A lot of companies are going to go bankrupt during the process. A lot of people are going to lose their jobs, but this has to happen: we have to go back to a sane economy where we save our money and actually make stuff.

—-

I’d be … getting out of the dollar because it’s a bottomless pit. When this dollar stops rallying, it’s going to fall like a stone. That is the next major economic crisis we are a setting up, a major major run on the dollar, and that’s going to have tremendous repercussions for our economy and our markets.

—-

We manufactured our way into becoming the wealthiest economy country in the world, and now we’ve consumed our way into bankruptcy.

—-

It’s time Americans take a long, hard look at the flawed monetary policy that’s behind all of this funny business; and that means understanding the history, operations, and goals of the Federal Reserve. If we don’t figure this out and get back to system of sound money, we may well “wake-up homeless on the continent their fathers conquered“.

It’s frustrating that the only major party presidential candidate that was talking about these issues in any substantial way was written off from the very beginning. But you wanted empty platitudes? Well, you got ‘em.

November 20, 2008
» Izeni is Official

Many of my readers will already know that Gabe and I have been busy launching a business for the last few months.

Well, we’ve finally got Izeni officially incorporated, and since we hope to launch our first product soon, we decided we’d better get something of a corporate website thrown together.

It’s really not much content-wise, but it is live; and it’s just in time for us to start pumping the engines of hype and hearsay. Check it out.

Our other (product) website, which is where the majority of our development has been, will be launched shortly.

So, how do you know you’re a developer in a bootstrapping high-tech startup? You have neither business cards nor a corporate website until your product is nearly ready to hit the market. This is pretty much opposite the spend-all-your-money-making-yourself-look-cool approach that many companies take. I hope our product-first approach is vindicated, but we’ll see. :)

Anyway, sign up for Izeni news updates, and we’ll let you know how it goes.

Until then, anyone know where we can get some great business cards?

November 15, 2008
» BurlyZone: classic failed attempt at trade show marketing (circa 2000)

I have no idea who the guys are behind this horrific piece of trade show promotion but if you sniff around the YouTube page the video is on you may find some clues:

I’ll trade being young and inexperienced for middle aged and knowing what you’re doing any day of the week.

PS - The guy singing is just brilliant! Someone should hand him an Oscar!

(Props to Clark for digging up this classic!)

November 13, 2008
» Places to Go, People to Meet

I’m pleased with how much opportunity for personal development and professional networking there is in Utah. Yes, I do want to see it grow even more, but it’s nice have more good options than I could possibly attend.

Tonight for example, the Utah Tech Events and Utah Business Events calendars show four events in which I have genuine interested, all occurring at the same time.  At 7:30 tonight I would be perfectly content to be at any of these four events:

  1. Twelve Horses: Brand Evolution
  2. Ignite Salt Lake
  3. BYU Web Startup Group
  4. Utah Python Users Group

Incidentally, I’d also enjoy being at home with my family, but this abundance of events centered around professional networking and personal development shows that Utah really does have a great (albeit budding) tech and business ecosystem. These mostly non-profit knowledge-sharing groups constitute, I believe, some crucial intangibles that are important underpinnings to a vibrant economy. I’m glad to see them, and I’d love to see them grow.

Anyway, there’s no excuse to not be developing your personal and professional skills at some of these events. Just don’t try to substitute them for hard and diligent work. :)

If you’d like to be a contributor to out local tech and business calendars, please ping me or any of the other calendar admins. Especially if you’ve got a utah-based business or tech group and would like a channel to attract more people, we’d love to hear from you.

» Ron Paul: GOP should ask why U.S. is on the wrong track

Brilliant commentary from Dr. Ron Paul:

The questions now being asked are: Where to go from here and who’s to blame for the downfall of the Republican Party?

Too bad the concern for the future of the Republican Party had not been seriously addressed in the year 2000 when the Republicans gained control of the House, Senate, and the Presidency.

Now, in light of the election, many are asking: What is the future of the Republican Party?

But that is the wrong question. The proper question should be: Where is our country heading? There’s no doubt that a large majority of Americans believe we’re on the wrong track. That’s why the candidate demanding “change” won the election. It mattered not that the change offered was no change at all, only a change in the engineer of a runaway train.

Once it’s figured out what is fundamentally wrong with our political and economic system, solutions can be offered. If the Republican Party can grasp hold of the policy changes needed, then the party can be rebuilt.

In the rise and fall of the recent Republican reign of power these past decades, the goal of the party had grown to be only that of gaining and maintaining power — with total sacrif