Category Archives: Thoughts/Quotes

Why can’t a tax break be considered an “economic stimulus”?

I’m not trying to constantly make political arguments here, but I am curious with the fight that is coming up regarding the Bush tax cuts.

I continue to hear over and over (mostly from the liberal or democrat side), that “NOT” letting the tax cuts expire, at least on the top most wealthy percent, will “cost” over $700 Million dollars.

his is un the theory around the amount of taxes that would be collected from the wealthy when their taxes go up.
Well, for starters I’m always confused by what is considered “weatlthy”?

In the world of Obama, that is over $2oo,000 for an individual, and only $250, 000 for a couple.

Now I say only, as I’m now living in California mostly full time.  I know that $250,000 may go far in an area like Arkansas, or even my home town of Kansas City.  But in Los Angeles?

I wonder how some people survive on that.
However, I digress.  Back to the point.

At the same time there is a discussion about letting the tax cuts expire, there is a concurrent discussion about creating another “stimulus” package.
This “stimulus” would be where the government creates an $800 Billion loan under the premise that the money would be used to “perhaps” create jobs.

More likely, to really pay for teachers, firefighters, orphans and children- which always seems to be the argument.

Ok, I digress again.
On point- Is the country, business, and YOU as an individual- better served with $800 Million in debt being dolled out by the government?  Would YOU personally feel any benefit from that?  Would it add money in your pocket, savings, or child’s education fund?

What about the tax side?  See, if the $700 Billion was “not” collected by the government, that is money that WOULD be left for the individual.

I for one would rather- given the choice of $800 Billion in the hands of the Government, or $700 Billion in the hands of the people- would choose the latter!!
It seems the argument always goes to class warfare- the have’s and the have not’s- the “wealthy” against the poor.

Me?  I think it is the people against the Goverment.

Power to the People

Can a new company be bigger than Face book? Google?

I’m often asked (or maybe it’s just my own delusional thoughts) about whether or not a company can be bigger than Google?

Well, I’ve become quite adept at making that assertion.

Part of the retort comes from the fact I’ve been compiling statistics and information as a case for the mobile messaging company we’ve been building that  will launch this year.
So, for stats and circumstance- here is an interesting way to look at the numbers.

Question- Can a new company be bigger than Facebook?  What about Google? No way you say?

Let’s see-

As a comparison in how to be bigger than Google.  Notice I say bigger than, as in a “NEW” model and market that is bigger than Google, but not competitive with.
To begin:

#1- there are an estimated 1.7 Billion people on the internet (http://royal.pingdom.com/2010/01/22/internet-2009-in-numbers/).

Not everyone goes to Google every day, and of those that do go to the site, not everyone clicks on an ad  (but the last numbers I had was Google converted about 12.5 Billion ad click per month).

#2- there are 4.6 Billion people with a cell phone (http://en.wikipedia.org/wiki/List_of_countries_by_number_of_mobile_phones_in_use ).

That cell phone is personal, portable, and usually pasted to the side of a person’s ear or belt- thus it is always with them.

There are on average 5 calls or more made per day- which translates to over 25 Billion calls per day!

That makes the mobile phone the ultimate marketing vehicle to the consumer.  Talks about total personalization.

Messaging capabilities based on propinquity (the ability to deliver something close to the point of time or relevance) alone will change the paradigm of marketing.

When a brand wants to deliver a message and they are reliant upon newspaper, radio, TV and Internet, there is nothing time based in the delivery of the message.   With the phone, messages could be delivered based upon a specific time of day tied to an event.

Location based services, content options, MMS delivery, coupons, rolling time based optimization and more will all lead to the next generation of Tech Titans.

There is a very easy argument that the future mobile companies can dwarf the googles of the world by sheer default in the number of cell phones versus Computers.

What is the killer app?  “Voice is the killer app”!
While there is indeed a fight over the app market (think iphone app, blackberry app world, Nokia Ovie, etc).,  that opportunity worldwide really only accounts for about 6% of the total handset market.

The majority of the world are not on smart phones, nor will they be any time soon.

So, I would surmise that anyone, or  one company that can provide a service into the voice channel and monetize the potentially billions and billions of calls per day- can,  and most assuredly will,  beat FB, Google, or any other internet based company.
The real race for the consumer has really just begun.

The Food Police? Where does it stop?

There is a movement afoot (of course in the basket of Liberalism called San Fransisco), to regulate fast food locations that sells toys in the meals (ala Happy Meals and McDonalds).

Here is a link to the article- http://www.usatoday.com/money/industries/food/2010-08-13-kidsmeals13_ST_N.htm

I find it interesting that the study conclude the kids like the toys better than the food.  Thus, the food and the establishment become the target?

Huh?  Let’s force the fast food company to provide “better” nutritional value in the meals?

I’m just curious why it is the responsibility of the location, and NOT the parent?  It’s not the kid who drives to Mcdonalds, orders a Happy Meal, and Pays for it.  Is it?

No, it’s the Parents!

If the parents wanted something more nutritional, they would cook at home.  Go to wholefoods.  Order a salad.
No, the parents order for the kids because it’s “easy”.
It’s the same parent who has the “choice” to choose any of the food items on the menu.
Yes, let’s see…..”Umm…I’ll take the #1 Happy Meal with the bunless veggie burger and apple slices for my child, and can I have the um….#4 Double value big mac, make it super large, and what the heck throw in an apple pie so I won’t feel guilty forcing my kid to eat apple slices!”

Once again, it’s an attack and effort to “control” and regulate the problem, as opposed to realizing it’s the “source” (read Parents), who are the real problem.
Where is this world headed?

What would the impact be of 14 months from Eyjafjallajkoll?

What is Eyjafjallajkoll you may ask?

That is the name of the Volcano in Iceland that has been erupting.

http://tinyurl.com/y37pnnd

The one that shut down airline travel, paralyzed much of Europe, and ground business to a halt- all for about 5 days.

However, a little research would show that the last time Eyjafjallajkoll (yes, that is the volcano name again), erupted, it did so for not a few days….but for 14 months!!!!!

There have been great series on TV about the end of earth.  Or earth without people, or oil, or any number of “potential” disasters.

How about a real world one?  Yes, indeed I wonder what the global impact would be if world travel were shut down for a period of 14 months or more?

Anyone want to make a few suggestions?

I think THAT would make for a scary TV show.

Working outside has it’s perks

I ran across a question recently about working outside or at coffee shops.

Can it be effective?  Why would you do it?  Do you even have an office? etc.

Well, here’s why I do.  I currently have a great office in West Hollywood, California, with double doors that open onto a patio, and situated directly over the world famous Sunset Strip.

However, most afternoons I can be found at a tremendous coffee shop called Café Primo.

This is a wonderful establishment with free wi-fi, outdoor seating, open windows, a friendly atmosphere.

I tend to schedule my meetings, or just conduct my business at this establishment.  The ability to sit outside, have a tremendous view, get people to come to me, and of course people watch, are all paramount opportunities.

However, it is what I call the “incidental” conversations that are most appealing.

The people, contacts, friends, and associates that have been created by striking up the most random conversation with the person sitting across from me is a constant amazement.

On any given afternoon there are celebrities (Jeremy Piven, Tawny Kitaen, Mark McGrath, Jason Stathom, and even the random Fabio or Ron Jeremy), athletes (Terrell Owens, any member of the Lakers), tourists, executives, lost souls, and any number of interesting people to talk to.

Indeed, an afternoon at this location is a primo people watching experience

I’ve often had people come up and joke, “so, is this your office?”, or even better, “what, do you live here?”.

My answer is usually to chuckle, point to the building three blocks away that houses my office, and say, “no actually, I prefer working outside in the afternoon, as I never know who I might run into, or who I would get the privilege to speak with.  If I were in my office, I wouldn’t be here to say hello to you”.

Yes, working outside indeed has it’s perks.

Are you hunting Elephants, or are you hunting deer?

Are you hunting Elephants, or are you hunting Deer?

In light of the world of Political Correctness, I hope the following doesn’t offend anyone.

If anyone has built a company, or tried to sell a product or service, you will relate to what is about to follow.

Some products or services are best built for large companies, however not everyone is cut out to sell to large organizations.

In other situations, even though the product may qualify for elephant status, the deer look like an easier target.

Well, at some point one must decide- Are you hunting Elephants or Deer?

If you are going after elephants, then heed the words of a famous bushman (ok, I’m not sure who said this, if he is famous, or I just made it up)

“He who hunts elephants, does not stop in the jungle, to throw stones at birds!”

That means- stay focused.

The reason I point this out is that in the world of hunters, there are VERY few who can go after big game.

If you are in the processes of taking a product to market, or you already have one that is out, the determination becomes, what is the “sales cycle”?

Often for larger ticket items, or big projects, or services sold to Fortune 1000 companies, the sales cycle can be 12 to 15 months, or more.

It is easy to look for smaller game to hunt.  The $50 Million dollar company that is “interested”.  The $200 Million dollar company that “qualifies”.

In many instances, the sales cycle for the smaller company may be just as long as for the bigger one.

At the end of the day, is it worth it to hunt the smaller company?  Will the profitability be sustainable?  Will the service and support outweigh the revenue?  Will you spend just as much time and effort for a smaller pay off at the end of the day?

Yes, indeed it is easier to think you can walk into the woods and find a deer.

However, it takes real skill to walk into the jungle and bag an elephant.

If you think you have the product and the skill- decide?

Do you spend your time in the jungles with the big game, or in the fields with the small?

Considering there are over 600,000 registered hunters with a deer license, and probably less than 500 that may hunt the big game, if you have the skill, go for the……

Again, the above was meant for an analogy and wasn’t meant to offend anyone.