Showing posts with label entrepreneur. Show all posts
Showing posts with label entrepreneur. Show all posts

Friday, June 19, 2020

Entrepreneurs can contribute to solving global problems

Check out this Entrepreneur Magazine article on how entrepreneurs can help solve the world’s biggest challenges, leveraging the unique mindset shared of entrepreneurs: born problem-solvers, always looking for new and better ways to do things.
Damian Merlak, co-founder of NGEN: “Even something as seemingly simple as app development can improve the flexibility, scalability and redundancy of a problem-solving solution,” he explained, continuing that, “Real-time data collection, remote access, more efficient energy production — all of these can serve as a jumping-off point for developing more effective solutions that reach a wider number of people. Finding new ways to use the technology that is available can unlock amazing innovations.”
...As bleak as present circumstances can feel, this is no time for entrepreneurs to give up. You may be asked to “hunker down” physically, but that doesn’t mean you can’t keep working toward meaningful solutions that will improve our world as a whole. And few are better equipped for the challenge than an entrepreneur.

Monday, December 30, 2019

Intellectual Capitalism is moving... and expanding

Intellectual Capitalism is a repository for all things that embody the interests and spirit of Bluedog. We believe an intellectual capitalist pursues freedom of choice -- and what counts is freedom in the marketplace, in the home, in one's thoughts.

In 2020, Intellectual Capitalism will evolve as the repository of information for those who intersect with the interests of Bluedog -- consultants and entrepreneurs, those who serve in the government marketing arena, and anyone with an interest in managing and orchestrating your organization's communications.

This means Intellect Capitalism will continue to be a place for anyone who have an interest in the craft of corporate communications, the application of technology, and the fun of business.

www.intellectualcapitalism.com


Monday, November 18, 2019

Achieving Simplicity in a Complex System

Mumbai is one of the largest cities in the world and an average working professional leaves home pretty early in the day to take the local train to commute to the work. Each day approximately 4,000 dabbawallahs deliver almost 250,000 home-cooked meals (for late breakfast and lunch) from the kitchens of suburban wives and mothers direct to workers in “the world’s most ingenious meal distribution system.”

The foot soldiers are Dabbawallahs, who pick up the home-cooked lunches in the suburbs, hop on trains, and deliver them, on foot or bike, to office workers in Mumbai. Later on, they pick up and bring back the same empty tiffins (the name for the metal containers used).

The tiffins consist of several stacked aluminum boxes with a carry-handle. Each container carries individual portions that separate curry dishes, bread, rice, desserts, and more. This means multiple courses. Tiffins come in several different compartments so as to separate starter, mains, and dessert. The tiffin serves to keep food in its original shape - no bruised fruit or mashed roti. The tiffin’s handle is at the top, keeping everything upright when being carried. Home-cooked meals are economical and can be more healthy.



While the system seems very complicated, it is the coming together of many elements, including the railway system in Mumbai. The dabbawallah rely on the train to deliver the lunch boxes around the city. Stefan Thomke, the Harvard Business School professor studied the system: “[the railway] sort of helps them in unexpected ways. It synchronizes the system because in Mumbai the railway is one of the few things that always runs on time. It forces the entire organization to run according to a rhythm.”

Another example of how simplicity aids the dabbawallah system is  the labeling of the tiffins. There’s very little information coded on the boxes. “For example, there’s no return address,” says Thomke, “but these boxes have to go back to the person who gave them to you.”  The simple color coding system acts as an identification system for the destination and recipient and origin of the tiffin.

The Dabbawala Association has been in business for over last 125 years. In 1998, Forbes Magazine recognized its reliability to match the Six Sigma standard. This means that the dabbawalas make less than 1 mistake in every 6 million deliveries. Be it a Steve Jobs or Picasso, all the great artists always had a penchant for simplicity. Value and efficiency is maintained by  keeping to basics. The process is very lean and uncomplicated. And the customer is the most important cog in this machine.

Read more here

Friday, September 6, 2019

Remote Workers are not just more happy, but more productive

Companies that let their employees "work from anywhere and work whenever they want," end up with employees who are more loyal, more productive, and lower overhead expenses.

In a recent study, Harvard associate professor Prithwiraj Choudhury and his colleagues compared how productive, loyal, and cost-effective employees at the U.S. Patent and Trademark Office were when they were allowed to work flexibly.

A government office was selected because it had recently implemented a wide-scale pilot program to facilitate a number of patent examiners to work remotely when they wanted, while still requiring others to remain in the office.

The results showed a 4.4 percent higher productivity among those in the pilot program, while doing the exact same work as those who were required be in the office.


Read more at:  https://hbswk.hbs.edu/item/how-companies-benefit-when-employees-work-remotely

Friday, November 23, 2018

Starting a Small Business - My Short List of "To Do's"

Tom’s General Entrepreneur / Start Up Advice -- because I seem to say the same thing, over and over, here’s a quick summary:

I’ve always stuck with C-corp as my structure — in Maryland, you can do a non-stock version of a corporation for a nominal fee. You specify initial ownership in the Articles of Incorporation. When the time comes, you can amend your articles and issue shares as you add investors. Note that I had a “board of advisors,” not a board of directors, which you might consider. I’d get an EIN (federal tax id) and get a corporate bank account established, and set up initial financial accounts showing paid-in capital. Do you have a business plan? Always good practice to prep for investors, and that would help you and your partner understand where you are aiming to go.

I recommend organizing a company in the country you want to sell into (the states?). Do your accounting right, and you won't pay tax, or will only pay a minimum once you start making lots of money. You can't (and shouldn't) skirt the anti-money laundering rules. Even if you succeed in the short term, you will eventually get kicked off of Amazon, PayPal, eBay, or wherever.

First, get excited about the challenges (and rewards) ahead! First, some thoughts, then items to consider: 

  • Cash-flow is the most important aspect of your business. You can be making all the money in the world but if it's not in the right place at the right time, you will have problems. Accounting is #1 for understanding when (and if) you are profitable. 
  • You need constant exposure to the right market, having the best widget means very little if no one sees it, or worse, you show it to the wrong person. Marketing and sales using a direct sell method (as I am focused on a service business for purposes of this discussion). 
  • Understand the difference between an expense-generating activity and a revenue-generating activity. Maximize revenue, minimize expense. Write your Business plan using this: http://lifehacker.com/5913086/fill-out-a-one-page-business-plan-and-get-your-business-started-already 


Basics -- organize your practice (choose your name, see item below) as an LLC or s-corp. Make spouse and offspring 33% owners to achieve minority- and woman-ownership qualification (if possible) for government work, which you WILL be doing, eventually. Right? 

Once you get your EiN/TIN from irs.gov in your company name, you can organize as an LLC or s-corp. You need some organizing document to get your bank account. CapitalOne is the least expensive, most flexible for small business in the DC area (where I used to live). Get a business VISA debit card. Get your accountant on board now! You'll want a simple business liability policy at some point - for $1mil - expect to pay $1000 per year for that (but wait until later to shop for that). 

Work on retirement planning, health savings account, etc., in the future. company name, URL, website, email, telephone number. 

Look for a domain name that matches your company name (at a registrar such as Godaddy.com). You can use GoDaddy for the basics (web, email) and the accounting system they have is, IMHO, awesome. Get an iPhone and a dedicated number - AT&T has plans with a big bucket of minutes and a data plan (you will be on the phone often, don't cheap out). Get a family plan so spouse and offspring can have their numbers on your plan and get high-speed internet at home. (companies pays all; see how that works? Company spending = expense). If your house has a crappy mobile phone service, get a femtocell from AT&T. Business cards vistaprint.com. If you need a logo, find a talented friend to design one for you. a journal to write EVERYTHING down - your planner, task list, calendar, meeting notes, etc. should correspond to your shared contacts/calendar/notes in iCloud so all that syncs across your Mac, iPad, and iPhone. You never want to lose that data, which is an audit trail and the sum total of your business "knowledge". 

Consider using (cheap self-promotion) my product, http://www.workbench.net buy a MacBook Pro 13" with 8 gigs of ram. Buy an external multi-terabyte hard drive to back it up to with time machine. But an iPad mini to take notes on, show presentations, etc. website: find a friend to help you assemble a web presence. 

You'll also want FB, Twitter and PayPal accounts for the business, using your business email address. set aside office space at home. Get a simple filing system, with a dozen hanging folders so you can stash receipts, project tracking, etc. You need to close the door and focus once in a while. 

Implement SugarCRM or some other open source CRM tool to manage your sales process.

You need to keep your paperwork organized, consider job jackets for each project that correspond to the file system on your laptop (/Work > Clients > ABCNonProfit > etc.). when you are ready, tackle (a) direct email marketing with MailChimp, (b) customer relationship management to track leads and clients with SugarCRM, (c) a 12-month marketing/sales plan. 

IMHO, life is about... starting over. Continually. We grow older, we learn new things, we experience events we could never envision. Eventually, I came to believe I could always take care of myself, so I stopped worrying so much about... life... and started to focus on my relationships, appreciating what I have, and setting reasonable goals for the near term (1-2 years).

Play to your strengths -- build 'em and flip 'em, perhaps? I would suggest you save money, continually, so you always have a cushion for yourself, no matter what the outcome (or random events -- people can get sick or have an accident so unpredictably). Learn new stuff, so you can always seed ideas and appreciate new opportunities.


Personally, I got a house early, had a base of operations, and something I could leverage (needed a HELOC to fund payroll when a large contract fell into my lap, years ago, for example). Unfortunately lost all that in the last go-around, but I always feel most creative when I am secure in my living situation.

Whew! Seems like a lot? Don't worry - checklists and "one day at a time" are the best ways to get through this to "launch", which, in the end, is the most critical part of YOUR PATH TO INDEPENDENCE because you will be in charge of your own financial destiny.


Friday, November 24, 2017

Take the Middle Man Out of More Transactions

Uber and AirBnB are in the vanguard of the P2P marketplace model -- their gradual but ultimately huge success of is opening up breakout growth, heralding an explosion in startups with similar models: Taskrabbit, Fivver and others. Marketplace startups are unique because they aren’t just serving one base of customers. These enterprises connect buyers and sellers, service providers and consumers. Their models work when they ensure users are having a good experience with each other, as well as with the respective companies.

Can you tell I am a big fan of P2P exchange-based marketplaces? Companies like AirBnB and Uber have their detractors — some very legitimate: there are some serious issues around discrimination, harassment and worse that these companies have to continue to address. But they also continue to battle against unfair regulations. Laws need to catch up to this new model, not hinder growth and progress.

Obviously, there is growing interest in services like ride-sharing and short-term rentals, where demand is not easily met by traditional means due to capital investment constraints. These new enterprises are simply too big and popular to be pressured to shut down. Nor should they — each new generation reveals in a new world order with new economic realities. Robot cars (and more disruptive, robot trucks) are *ahem* around the corner. Even money (in the form of crypto-currencies, traditionally controlled by governments, is throwing off the shackles of authoritarian overreach.

Friday, November 13, 2015

How the Web-Based Platform Disintermediates Trade of Ideas and Knowledge

Here at Bluedog, we believe in fostering marketplaces that are a decentralized means of transferring individual ownership (the quid-pro-quo exchanges of goods and services). Unfortunately the concentrations of ownership that exist right now are not the natural tendency of the capitalist market form, but to some extent the result of government privileges and prohibitions that deform markets — including privileges to landlords, bankers, factory owners, etc. (think bail-outs, corporate welfare, government-granted monopolies). Sometimes we see suppression of grassroots or horizontal forms of economic organization (governments mandating people to buy into a corporate insurance market, shutting down free clinics and mutual aid societies, busting unions through Taft-Hartley and “Right-to-Work,” etc.).

The e-marketplace that Bluedog participates in is business-to-business oriented, in which buyers and sellers exchange services and information. This consortia helps the individual business operate more efficiently (by connecting geographically dispersed teams), and groups of businesses help each other, by enabling the free exchange of useful content, connections to experts, and assessment of business opportunities with an eye towards teaming.

With many of today’s social-based economies, we see the opportunity to decentralize, from the bottom up. With Uber, AirBnB and others, there’s a platform-based environment to connect suppliers (people with cars or empty flats) with buyers (travelers). This is facilitated via the internet, where technology has enabled a cooperative model. Perhaps soon we will see more co-ops, worker-owned businesses and individuals trying out new experiments in trading with each other for the things or services people need or want.

What does this model mean for businesses? Easier access to talented individuals, called up upon demand, but free to go about their lives without being chained to a location, or stuck in a traffic jamb getting there. Better allocation of financial resources will enable smaller firms to compete with bigger ones. Perhaps technologies such as 3d printing will make micro-manufacturing feasible — such as automobiles or we will be able to deconstruct medical services such that costs are dramatically lowered?

The single-point-of-access through a web browser provides a compelling model, where information inside an organization, or across organizational boundaries, facilitates connectivity via an electronic intermediary. A secondary value is the aggregation of information, avoiding the limitations of direct interaction by lowering search costs, the lack of privacy, and other risks. Add mobile computing to this, where iPhones and iPads foster real-time access to information and tools anywhere there’s a wireless connection, and you’ve got fertile ground for innovation.

Monday, April 27, 2015

When Your Service Provider Can Sink Your Business

This is an amazing (and sad) story -- a mid-sized business relies on its web hosting service provider for its web site. Typical, really. But they were also utilizing the hosting service for their entire back-office data -- CRM, accounting, payroll, and more.

Without an understanding of the ramifications -- perhaps lacking even a systems administrator, let alone a CIO -- the company was processing and storing all its data on its website. One day, a developer was optimizing the database and removing records that the business no longer needed (so he thought). But a single, poorly formed delete query wiped out the database table. This minor error in a SQL command deleted the sum of the company's data; the company was rocked to the core. In a few months, they went belly-up.

Lesson: choose a proper SAAS provider that can handle your data properly. Know what you want, what you are getting into, and what happens to your data.

Read more here... Death by Delete

Sunday, February 1, 2015

Want to Compete Against the Big Players? SAAS can give you an edge...

Government contracts should be well-versed with the spreadsheet, juggling around materials, labor and subcontractor costs until the perfect financial balance is reached for a given government opportunity. When IT is thrown in, however, projects achieve a new level of complexity -- and uncertainty. When small contractors lack support from internal tech teams or have no in-house expertise, Software-as-a-Service (SaaS) offers up solutions in a small business environment with comprehensive automation. If given a chance to erase IT expense in favor of an agile, pay-as-you-go operational model, most business decision makers would jump for joy. This can be accomplished with SaaS -- where software delivery via browser or mobile device, configuration, maintenance and update responsibilities are on the service provider. With a vast selection of tools to benefit small government contractors, small- to medium-size businesses (SMBs) can dramatically reduce IT support needed, and tap into a pool of automated tools to help run a small business like a large one -- so the business can evolve into a large one.

Read more at Forbes...

Thursday, December 4, 2014

Followup: iOS 8 + iPhone 6 = Portable Weather Station

With the iPhone six array of sensors, it is no wonder scientists are jumping on board. For example, OpenSignal is putting the barometer to use as old-fashioned weather sensors. Their app will download to any iPhone with iOS 8, with Apple’s two newest handsets you can take pressure readings, which Open Signal will plop into its crowdsourced weather map. Those readings combined with the barometric pressure measurements of Android users can then be used to give an ever-updating look at the pressure changes in your area. The data is also being sent off to climatologists, such as the University of Washington’s Cliff Mass, who are exploring ways of incorporating crowdsourced smartphone readings into future meteorology models.

Even add-on components are becoming available. Soon crowd-sourced real-time weather data will supplement satellite information to give us a better picture of our atmosphere. So you can do more than make satellite calls.

Interested in this technology? Read more here...

And, of course, sign up now for US national weather alerts...

Wednesday, July 30, 2014

Commercial Space Flight for the Masses (well, the 1% of the masses)

SpaceShipTwo -- Virgin Galactic's rocket plane -- blasted off of its carrier plane for a second powered test, another step towards commercial trips for people to outer space. The rocket plane flew high above the Mojave Air and Space Port in California, deployed from the carrier plane, WhiteKnightTwo. After a 45 minute flight, SpaceShipTwo was released and glided back to the airport. It counted as SpaceShipTwo's 52nd flight and WhiteKnightTwo's 156th.

In January, SpaceShipTwo blasted off for a powered test and sailed through a follow-up glide flight; the bird is expected to go through a series of glide flights and powered flights that eventually rise beyond the boundary of outer space (60 miles or 100 kilometers in altitude, approximately). Virgin's billionaire founder, Richard Branson, could fly into space later this year depending on how flight tests go. More than 700 people have paid up to $250,000 each to take a ride once Virgin Galactic begins commercial service.

Friday, July 4, 2014

Get Started with Your Own Business - infographic

Many times I am ask, "Hey, Tom, I have a killer idea for ______. How do I start a business?" That is usually when I finish off my pint and head for the door.

However, I came across this info graphic that provides a decent overview of how to get your company established and off the ground. Now all you need is a little capital, a little motivation, and a lot of luck.

Wednesday, June 25, 2014

Aereo asks: Are we moving towards a permission-based system for technology innovation?

Today the Supreme Court handed down a copyright ruling against internet company Aereo, whose business model was to "rent" small antennae to subscribers so they could watch over-the-air tv via their computer, laptop, smart phone or tablet. The company also provided DVR-type cloud storage for its customers.

The heart of the matter seemed to be, to the justices, that Aereo looks a lot like a cable provider, re-broadcasting content from the TV networks. This author agrees. Getting someone to pay you for someone else' content, without paying a royalty, is copyright infringement. Cable firms pay "re-broadcast" rights to the networks for their content; so should Aereo.

The internet is clearly a medium for content distribution; any ISP (be it COMCAST, AT&T or T-Mobile, or Verizon, here in the U.S.) should be classified as a "common carrier", as content providers such as XFINITY, Aereo, or even your local TV station's web page, are providing you quality (ha, we hope) content via the pipes that are the internet.

However, the founder of Aereo is right in asking, why should entrepreneurs ask permission to innovate? However, if they piggy-back on someone else, they should pay. That was this author's experience with Apple and SAP when we launched Bluedog as an application service provider in 1998 -- license WebObjects and R/3, to produce innovation and value for the customer. If there's money to be mad with an idea, everyone wins.

Wednesday, March 19, 2014

The Cloud Can Set You Free... for a Price

Every small business operates on a limited budget. When the objective is to make a profit, and not to spend money on technology, the Cloud may offer answers. However, in today’s world adopting new technologies will help anyone launching or maintaining a small business. For example, many businesses have databases containing customer or prospect records, process or inventory information and other important data. This may require expensive server and storage technology that typically does not fit within a start-up's budget. With the cloud, such organizations can store their extensive data remotely, with no need to purchase costly hardware or hire in-house IT professionals to manage these systems. Plus, because you are are reducing the amount of computer hardware, you are also reducing electricity, licensing and maintenance costs associated with maintaining and running in-house technology.

In this Forbes article, we read,

What’s the role of cloud computing in these digital-driven shifts? Ultimately, cloud provides a foundation that is making things happen. But simply subscribing to cloud — or even building a private cloud — does not automatically transform a company into digital mode. Rather, it is a key step in a long-term evolutionary process, and part of many things that are going on at once. Over the long term, what’s notable about these shifts in business models is the underlying premise that is affecting just about every business: everyone, to some degree, is becoming both a consumer and provider of cloud-based software...

[There will be] a resurgence of middleware — a services layer that will sit between abstracted systems and front-end end-user applications. This is a natural role for cloud computing, but don’t expect cloud to address all these requirements overnight — or even over the next few years. As Accenture puts it: “It’s not possible to use a single platform to handle every business requirement. And don’t assume that cloud will always be the answer either.”

Reading emails is a killer app for mobile devices. This means having a mobile-friendly approach to engaging employees, customers and leads has never been more important. Mobile devices are quickly becoming the platform of choice for computing and collaboration versus sitting behind a desk. By embracing the iPhone and others, you can leverage data and drive service delivery. Deep knowledge of how business owners need to run their shops and the mission critical processes they depend on will be facilitated by the switch to mobile devices for computing needs. Look for solutions to be developed for mobile devices, tablets, beyond traditional desktops. Information and functionality will be available to customers, staff and others in any environment, without having to download or configure platform-specific legacy apps, or by going to the manual or to training programs. And data will be shared among these apps, which will accelerate a move away from on-premises installations of software to software-as-a-service/cloud-based implementations.

The advantages of mobile computing compound the benefits of the Cloud, and small businesses and other organizations have the means to free themselves, from the likes of the IT crowd :-)

Wednesday, January 1, 2014

Did Your Espresso Machine Just Tweet You?

When asked, I like to explain the "Internet of Things" as an ecosystem of technologies monitoring the status of physical objects IRL (in real life, in "meatspace", as opposed to cyberspace), capturing meaningful data, and communicating through the great internet IP network to our software apps. For Bluedog, the Internet of Things means smart objects, machine to machine communication, RF technologies, and a central hub of information.

As a proponent of service oriented architecture, I find the idea of the Internet of Things to be compelling. With devices of all kinds reporting data in real-time, people have the ability to make quicker, more accurate decisions. In the supply chain, managers could monitor the status of shipments like a crate filled with expiring pharmaceuticals or spoiling veggies. With sensors, RFID tags, and RFID readers, supply chain participants view in real-time the exact location of the cargo inside the warehouse, its point of origin, time until expiration, and factors in the environment like temperature that might impact the process.

This transparent process improves efficiency, reduces waste, and allows traceability. If a shipment is determined to be unsuitable for consumption due to spoilage or other unforeseen circumstance, the root cause will quickly be discovered from the plethora of information available.

Kevin Ashton likely first coined the phrase in 1999, but the idea has evolved in the intervening time. Initially, it was used to describe the limitations in the relationship between the internet, computers, and the physical world. Ashton was describing how nearly all the data available on the internet originates from a human. With available and emerging technologies, Ashton believed information about things need not be dependent on a manual interaction; it could be an automated process.

At Bluedog, we see the adoption of such supporting technologies as a means of spurring innovation. IP networks are commonplace throughout homes, offices, warehouses, even city streets. Industry need and government mandates are regulating technologies leading to accepted standards across boundaries, allowing for interoperability among devices. The cost and size of devices continues decreasing which allows companies to embed smaller, common items with GPS, Q-codes or bar codes, RFID, and low-cost sensors.

Contemplate the future, on this, the close of 2013. Drones and other autonomous vehicles, more mobile computing, the Cloud, the frontiers of space being pushed back, new genetics, physics, materials science and other advancements! The future is so bright, I've gotta wear shades.


Friday, December 27, 2013

World Economic Doldrums Ending in 2014? An Unprecedented WTO Agreement Certainly Helps

World peace? Not yet. But more open trade? It seems possible.

The World Trade Organization was born from the ashes of World War II and the zealous trade protectionism that preceded it. As WEC characterized it, sometimes a nation became protectionist and limited imports, and sometimes protectionists became wild-eyed nationalists and inched their nations into war. WTO's champions strongly believe that no two nations with McDonald's franchises will ever declare war on each other; that trade and multinational presences assure peace; that WTO rules will reduce consumer prices by stimulating global competition, resulting in increasing consumer demand that will spur productivity. WTO idealogues believe that "free trade" somehow creates an entrepreneurial class that will champion democracy, eliminate abuses of human rights, save the environment, and nurture equitable economic development. Moreover, WTO members dislike variety in trade agreements: e.g., agreements that favor former colonies (Europe and its Caribbean banana growers), or further non-trade goals (protection of sea turtles or Russia's sugar prices to Cuba). Their clarion call is one set of rules for all the globe. WTO trade is "rules based." It prides itself on one set of predictable global directives (26,000 pages worth!) and contrasts WTO with the disastrous WW II trade system in which nations bargained prices, market shares, quotas, and volumes, and hoped the results would be good for all concerned.

Increasingly, the WTO has become the governor of world trade. It is a freestanding organization of 135 nations, beholden to no one but its members; parallel to the UN but granted power unprecedented in history. The WTO can set trade rules and order stiff penalties against member nations that break them

Compared to glacial climate-change talks, trade liberalization seems on track for improvement, with governments reaching a modest but (almost) universally agreed-upon goal to boost the flow of goods across borders. The WTO has been locked in the long-suffering Doha round of talks since 2001, so this agreement, unveiled this month in Bali, assist the to the global economy to the tune of an estimated $400bn to $1tn. If it comes to fruition, this will be a welcome shot in the arm for the weak global economy.

Sunday, November 17, 2013

Permissionless innovation -- can the internet break us free?

Permissionless innovation means that the Internet serves as a global platform on which anyone can try out new, unorthodox ideas without the need to secure authorization from anyone -- and that freedom to experiment results in the flourishing of innovative online services that we have seen over the last decade or more. Is permissionless innovation reserved for just certain types of innovators, such as software developers? Anyone with a dynamic idea can leverage innovation and competition to grow within this electronic ecosystem. We see the ability to innovate spring to life without having to seek permission from your mom and pop, the boss, or investors. Freedom to build new mousetraps, better or not, is critical to the continued success of the Internet.

What risks could an entrepreneur run into? Prohibition attempts to eliminate potential risk through suppression of technology, products, or services, or outright censorship of content. Worse, governments may make anticipatory regulation controls -- preemptive, precautionary safeguards, including administrative regulation, government ownership or licensing controls, or restrictive defaults. In terms of market conditions, we might see a resilient space, where a business owner might need to employ education, awareness propagation, and empowerment to propel his/her idea forward. In my mind, ultimately adaptation serves as the greatest mitigation to these risks -- learn to live with risk, embrace trial-and-error experimentation, and evolve as one's understanding of one's audience or potential buys changes.

Let's look at Kickstarter, which, since its launch in 2009, has become the world’s largest funding platform for creative projects. What makes the their model so interesting is accessibility for individuals and small organizations seeking a fresh way to build support for their work. With a winner-take all funding approach (if you don't reach your funding goal, no money changes hands), the most fleshed out ideas move forward. This is an awesome resource for testing concepts. Another interesting take-away is the core concept of “offering products and experiences unique to the project” rather than having funders “own” projects in any way. What is the real and unique value our potential contributors are seeking? Many times, it is a product. Kickstarted is not about investing, but about brining new products to market, without anyone's permission.

Saturday, August 3, 2013

Is Your Organization, well, Huggable?

The Japanese have a way with cute -- think Hello Kitty cute. Culturally, that works not just appealing to children, but as an overall marketing/communications strategy. Think about how Japan has leveraged brand characters, such as the cat. This has not been seen much outside of Muffy in the Netherlands or the Simpsons -- extending a character from the non-brand cultural space, turning it into an artifact that simultaneously signifies and does not signify a brand.

But does "cute" work elsewhere?

In a study by Rebecca Dyer, a graduate student at Yale, showed that people actually are more aggressive when they are confronted with cuteness. In the study, 90 men and women were invited to watch a slide show. Some were shown a funny slide show, others a neutral slide show, and a third group watched a cute slide show. They were instructed to pop bubbles on the bubble wrap, as many or as little as they wanted just as long as they were engaging in some form of motion. The results showed that the group that watched the cute video popped 120 bubbles while those that viewed the funny and neutral slide show only popped 80 and 100 respectively.

The research interprets this “aggressive” behavior as normal, that the cute images make us want to care for the creature (cute puppy, wide-eyed baby). Then, because we can’t, we react in a negative way with aggression. It does not seem Dyer is not suggesting that if we see a cute baby we are going to sock it in the face because we can’t take it home; she is describing a phenomenon that explains why we are so taken by child-like images.

Psychology Today examines a similar affect of cute on the brain. The study concludes that cute babies’ photos elicit a response in our brain that is different than when shown a picture of an adult, whether we are male or female. Cute is cute and it all make us want to take care of the cute thing. Women, the study says, respond more intensely to pictures of their own babies and children.

When making a purchase, many Japanese take a holistic approach to a product and its presentation. Also, they may be more concerned how the purchase will affect their individual and group identities. It is possible a Japanese consumer may want to feel secure about their purchase and seek to minimize uncertainty. An understanding of the social-cultural underpinnings of these strategies will help foreign firms compete in Japan, but may also help other organizations the U.S. and E.U. with breaking down barriers to serve customers better.

Wednesday, January 23, 2013

Intellectual property and file sharing co-habitation re-think needed

As this ZDNet opinion rightly points out, file sharing and copyright infringement are not synonymous. Kim Dotcom
deserves the protection of New Zealand's legal system; the case against him is muddled, and a rush to extradite him to the U.S. was ill-thought-out. Even if he broke some U.S. laws, Kim Dotcom's mega site may not even be about theft, as the New York Times points out.

In the middle of the 20th century, criminal law reformers were sufficiently annoyed by all of this specialization and ad hoc-ness that they decided to do something about it.

In 1962, the prestigious American Law Institute issued the Model Penal Code, resulting in the confused state of theft law we’re still dealing with today.

In a radical departure from prior law, the code defined “property” to refer to “anything of value.” Henceforth, it would no longer matter whether the property misappropriated was tangible or intangible, real or personal, a good or a service. All of these things were now to be treated uniformly.

Before long, the code would inform the criminal law that virtually every law student in the country was learning. And when these new lawyers went to work on Capitol Hill, at the Justice Department and elsewhere, they had that approach to theft in mind.

Then technology caught up.

The NYT presents a pretty clear thesis: "...stop trying to shoehorn the 21st-century problem of illegal downloading into a moral and legal regime that was developed with a pre-20th-century economy in mind. Second, we should recognize that the criminal law is least effective — and least legitimate — when it is at odds with widely held moral intuitions."



Wednesday, January 16, 2013

File under WTF...

Your best employee is your most productive, right? Maybe he/she is TOO productive. Take this case... the top tech person at this firm outsourced his own job, and garnered top ratings for his "efforts."

A security audit of a US critical infrastructure company last year revealed that its star developer had outsourced his own job to a Chinese subcontractor and was spending all his work time playing around on the internet.

The firm's telecommunications supplier Verizon was called in after the company set up a basic VPN system with two-factor authentication so staff could work at home. The VPN traffic logs showed a regular series of logins to the company's main server from Shenyang, China, using the credentials of the firm's top programmer, "Bob".

Read more at The Register...