Yaro Starak: The Year it was at Entrepreneur’s Journey

Yaro yesterday posted a blog on his achievements for the year over at Entrepreneur’s Journey.

Some of the highlights:

- Attending the Strategic Profits event in Florida.

- Attending the World Internet Summit in Melbourne.

- Buying his first house and a new car.

- Selling BetterEdit.com for a low-six figure sum.

- Continuing to enlighten, inspire and teach me more about online business and the opportunities it provides.

If you would like to read the blog post, and I highly recommend you do, click here.

This post is the first of three posts Yaro intends to publish on this topic. So add his blog to your RSS reader so you don’t miss out on the others.

Over and out…

P

del.icio.us | Digg it | Yahoo MyWeb | Google | StumbleUpon

Why People Hate Capitalism

Capitalism is the most democratic economic system there is, for every time you spend a dollar, or refrain from spending a dollar, you are casting a vote. That is why so many people hate capitalism, because, with capitalism, the world people live in is the sum total result of each of their individual actions. In other words, capitalism makes people responsible for their own actions, whether they like it or not.

Most people subscribe to a different philosophy, a philosophy that is common to Republicans and Democrats, liberals and conservatives, blacks and whites, Christians and Moslems and Jews, environmentalists and industrialists, virtually every social-political group you can think of. That common philosophy is scapegoatism, which basically states that all the world’s problems are someone else’s fault. People refuse to see how they are contributing to the very problems they are condemning. If each of us would clean up our own acts, many of the problems in this world would be significantly reduced, if not eliminated.

For example, the reason we have nuclear power plants is because people voted for them. “What?!” you respond, “I never voted for nuclear power plants!” Oh, yes you did! Not on a public ballot, but every time you turned on an electric appliance and every time you paid your electric bill. You cannot demand absolutely unlimited electricity with absolute 100 % reliability at dirt cheap cost and at the same time deny every possible means of generating and transmitting that electricity. And for every possible means of generating electricity that you can think of, there are a number of people out there who can find a number of reasons for opposing that generation means. The electric power industry is simply trying to use the most cost effective power generation means that will meet the demanded supply and reliability requirements. But, unfortunately, they are aiming at a moving target. Nuclear power was once proclaimed as the ultimate power source, but, after significant government and industry investment, public dissent finally made it uneconomic to continue pursuing. Hydroelectric power was once touted as a plentiful, nonpolluting, renewable source of electricity, but few hydroelectric plants have been built in the US in the past 20 years and many people are demanding that many of the ones that do exist be torn down. Wind power is the latest attempt to satisfy these public demands and concerns and already there is a ground swell of opposition is rising against it (The main environmental concern is that windmills kill birds, even though the number of birds killed by windmills is less than one per tower per year whereas the number of birds killed by domestic cats in Wisconsin alone is about 39 million per year). If you really don’t like these means of generating electricity, then quit using electricity, or at least dramatically reduce your consumption (which is easy for most Americans, if they really cared, with methods to be discussed in future articles). After all, these facilities can’t operate without your money.

“Yeah, but what about solar power?” you respond. And my response is, “How many solar panels do you have on your roof?” If the answer is none, then you voted against solar power. Because of certain peculiarities in the physical properties and economics of solar power, solar power as we presently know it will never be practical for the major power companies but is still very practical for the individual home owner. (Bandmate Sid promises to discuss the reasons for this in more detail in a future “Rants and Raves” article.) Consequently, the only way you will ever see solar power generating most of your electricity is if you install it on your own home.

Another example: Many people complain about modern music radio since most stations now only play about 30 different songs a week, which is a considerable drop when compared with the variety of songs that was played by a typical radio station about 20 or 30 years ago. But the reason the radio stations have reduced the number of different songs they play in a given week is because their research indicates that that is the way to maximize the number of people listening to their station. Commercial radio stations make most of their money off selling advertising. Generally, the more listeners they have, the more advertising they can sell and the more they can charge for that advertising. They also realize that a typical person will keep his radio tuned to whatever station it is presently on until he hears some song that really annoys him. He will then tune to the first station he finds that has something acceptable on and stay on that station until another annoying song is played. Consequently, radio stations today are not as concerned anymore with keeping their listeners interested but are more concerned with avoiding driving their listeners away. This is referred to as “negative programming.” And the less songs you play, the less likely you are to accidentally play one which drives people away. So radio stations play the minimum number of songs necessary to keep people from being bored. If all these people who complain about radio today would simply quit tolerating these stations and either switch to stations that they truly enjoy or turn their radios off if they can’t find a station they enjoy, the radio stations would soon get the message and change their programming so that it is really enjoyable instead of barely tolerable.

Another example: The reason there are so many telephone solicitors is because you voted for them. How? By patronizing them. “But I never patronize telephone solicitors!” you indignantly respond. Never? What about your college alma mater calling for donations? Or your favorite charity? Or that satellite TV service that gave you free equipment and installation? “But it was such a good deal,” you counter. Or the house painting service you used? “But I was going to get my house painted anyway and this just saved me the trouble,” you respond. Anytime you make ANY exception and patronize ANY telephone solicitor, you have cast a vote for telephone solicitors.

You see, unlike the ballot box, capitalism is not a majority rules sort of democracy. And in many ways, that is good, for this feature of capitalism is what has allowed such a wide diversity of goods and services and activities to proliferate in our society. That is why we have stamp collecting, bungee jumping, rock climbing, klezmer music, and even solar power present and available in our society. That is also why we have such technological innovation in our society. With capitalism, we do not need a majority of the population to be interested to allow a good, service, or activity to exist and be available. All we need is enough people who contribute enough money and effort to support any associated expenses for that good, service, or activity to exist. But that is also bad since it allows many of the things the majority may consider undesirable to continue to exist. For example, it only takes about one positive response in 50 to justify a telephone solicitor’s efforts. It only takes one positive response in 10,000 to email spam to justify its existence.

This feature of capitalism is also one reason why so many politicians and special interest groups hate capitalism. As long as people have the desire and the money, they can do whatever they want, irrespective of what these politicians or special interest groups desire. Consequently, these politicians and special interest groups try to impose laws which restrict the freedom given to these people by capitalism.

Capitalism gives the general population an incredible amount of power, for how they spend their money determines what companies should stay in business, what services should exist, what features products should have. But most people are too lazy and/or selfish to properly exercise this incredible power. Most people feel that they can and should be able to do whatever they want and that it is up to others to make sure that all is possible and no harm is done. This attitude is continually reinforced by our media, educational systems, and our legal system, particularly the US tort judgments. But government and industry uses our actions and spending to determine what we really want, for what we say we want is frequently said only to win the approval of others and to make ourselves feel good, whereas our actions and lifestyles, as indicated by how we spend our money, are usually more indicative of what we truly desire. (This is the main point of our song “Environmental Poser.”)

So, if you are against what you perceive are wars fought for oil, then quit using oil, or at least dramatically reduce your consumption of oil products. There are alternatives if you really look, don’t mind paying more, and can adapt your lifestyle, which you’ll do if you REALLY care.

If you don’t like Microsoft or think Mr. Gates is too rich, then quit using Microsoft products. Again, there are alternatives.

If you think professional athletes (or movie stars, or rock stars, or whoever you’re presently jealous of) make too much money, then quit supporting them by attending their events, watching their shows on television, and buying their products and those they endorse.

Whatever there is in this world that you think needs to be changed, first honestly examine your own life to see if and how you are contributing to the very problem you are condemning. Once you clean up your life to minimize your contribution to the problem, then you can ask others to make a similar change in their lives. It is much easier to change your own life than to make others change their lives.

By the same token, if you see someone, particularly a celebrity, demanding a change in this world, examine that person’s life to see if it is consistent with the change they are demanding. In many cases, these celebrity “causes” are just publicity stunts and these people don’t and aren’t willing to make the same sacrifices and commitments that they demand of others.

Until individuals realize the power of their pocketbook vote, any change for the better will be very slow. So, don’t be a hypocrite, align your lifestyle and spending habits with those beliefs you profess. Any real, permanent change has to start with the individual.

Source: StoneMarmot 

del.icio.us | Digg it | Yahoo MyWeb | Google | StumbleUpon

Enjoy the Holidays, Readers

To all my loyal readers and newbies alike, I wish to wish you happy holidays, Christmas, Hanukkah, Posadas, what ever it is you celebrate.

del.icio.us | Digg it | Yahoo MyWeb | Google | StumbleUpon

Number 2 on Google

I am number 2 for ‘australian business blogging’ on Google. Under EJ. Very happy with that result. :-D

picture-1.png

del.icio.us | Digg it | Yahoo MyWeb | Google | StumbleUpon

Lootist: Specialist-Guided Product Discovery

Lootist: Specialist-Guided Product Discovery

I was reading a post on EJ (Entrepreneur-Journey) the other day about a new start-up, Lootist.com. Lootist is gift shopping site with a twist. You have your Amazon’s and Epinions which, sure, offer you a huge range of goods at your finger tips but how does one find what they want when they don’t really know what they want?

Mike Sonders, the founder of Lootist says “In mid-2006, a couple of months after graduating with my MBA, I needed to buy a gift for my then-roommate for his birthday. He was (and is) a DJ, and I wanted to get him something really cool that he’d appreciate and enjoy… but I didn’t know the first thing about DJs or the stuff that they use”. This is how Lootist was born.

How it Works and How it is Different

I shall walk you through the steps of how I became a ‘specialist‘.

Signing-up is no big deal. I won’t bore you with the details of that. Once you’ve signed-up and activated your account (etc) you go to the ‘My Specialities’ tab. Here, you can select a category (e.g. Music), related words to this category (e.g. cd’s, alternative, hip-hop, downloads, etc) and a bit about what makes you a specialist in this particular category. You may be a musician, a record producer, an aficionado - as long as you can provide value, go ahead and make yourself a specialist.

Now you need to drag and drop the ‘Loot It‘ tab into your bookmark toolbar - I suggest Firefox. To add a product to your area of speciality you go to, say, Amazon, bring up the product page and just click the ‘Loot it’ button. This will activate a pop-up where you scribe some basic information in the fields provided and your done.

The competitive advantage of Lootist is its ability to help people that are not in the know to purchase specialist gifts. Ideal for mums and dads buying Christmas presents for picky offspring.

[I highly recommend checking the FAQ’s before you get started. It’s always handy to, when it comes to using a new site. Find the FAQ’s here.]

Conclusion

Well done to Mike on this achievement. It’s embraced the whole Web 2.0 movement (dare I go there) in that it creates an experience and value through user-interaction. With Loot you’re not being spoken down to by mathematical algorithms and Amazon, you’re following suggestions by people experienced in various categories. A create features is that you may be a ‘buyer’ looking for a gift for your music-minded cousin but you could well sign-up as a specialist in your favourite hobby. It goes both ways. Users become contributors!

I wish Mike the best of luck with Lootist. Also, if you find any bugs do send them through to him via email. He’s one easy guy to get in touch with! Thanks Mike! :-)

del.icio.us | Digg it | Yahoo MyWeb | Google | StumbleUpon

iGoogle Google’s Homegrown Star Performer This Year

According to Techcrunch:

2007 was another big year for Google with the company growing to become America’s fifth largest listed stock (by market cap) whilst continuing its march towards world domination.

According to figures from comScore Google traffic increased 22.42% this year across its main web properties (excluding non-US sites and acquired sites such as YouTube). The star performer for the year was Google’s personalized start page service iGoogle which increased traffic in the 12 months to November by 267.64%. Other strong performers included Google Book Search up 54.66%, Gmail up 53.6% and Google Maps up 51.57%.

It would appear that users aren’t using Google to buy goods, with Google’s worst performer in 2007 being Google Product Search (shopping), down a whopping 73.26%. Google Scholar search dropped 32.14% and perhaps oddly in a year that Google added YouTube videos to its index, Google Video search dropped 11.82%.

Google’s core search engine still remains the most highly trafficked part of Google with other products a long distance behind. Google’s most popular products in order of traffic for 2007 were: search, image search, Gmail, Google Maps and Google News.

del.icio.us | Digg it | Yahoo MyWeb | Google | StumbleUpon

Pajago’s Predictions for 2008

In reply to Valleywag’s 25 Predictions for 2008, I shall do my own version. Well, lets make it 6 Predictions for 2008.

Telstra:-

I don’t think Sol Trujillo will be at Telstra by the end of 2008. Who replaces him: I don’t have the foggiest. I think Telstra will chip away at extending the reach of its HSDPA network and the other carriers will try their best to match all but its remotest coverage. Telstra won’t win the iPhone contract. I feel Vodafone will: the two align much better than Mac-unfriendly Telstra.

Apple:-

Hopefully Apple will release the iPhone to Asia by the end of 2008. It will be a 3G model and the battery issues will be worked out. The 13″ Macbook Pro will be announced at Macworld Jan. 08 (please let this be true).

Google:-

Google’s share-price will hit $800 (I agree with Valleywag on this). They will go on an acquisition-rampage.

The Internet:-

The whole Web 2.0 movement will charge ahead and brilliant ideas will continue to rise, survive and/or die out of Silicon Valley. Social networking will continue to be dominated by Facebook, MySpace and Linkdin (in order). There will be loads of consolidation and acquisitions in this space.

Telecommunications:-

All I have to say is one thing: ULL.

Pajago.com:-

We shall continue to tap-away at the keys - hopefully - producing content that you, the readers, enjoy to read. Again, feedback and suggestions is important for us to continue to produce quality. Contact us here: suggestions@pajago.com

Done.

P

del.icio.us | Digg it | Yahoo MyWeb | Google | StumbleUpon

Ecological Footprint & Carbon Audit of Radiohead North America Tours, 2003 & 2006

I don’t mean to turn this into a music fan blog but I’ve just started to read a report of academic interest, Ecological Footprint & Carbon Audit of Radiohead North America Tours, 2003 & 2006. This report looks at the carbon footprint of Radiohead’s 2003 and 2006 US tours. One surprising find is that fans traveling to the gigs accounted for the largest percentage of emissions.

Update: I have now added the link to the .zip file that holds the PDF of the report. Now you can enjoy this report wholly.

del.icio.us | Digg it | Yahoo MyWeb | Google | StumbleUpon

Radiohead Discbox has Arrived

Yes, you read correctly. It’s arrived. It’s so beautiful. I will take some photos tomorrow and will post them here for those that are interested.

del.icio.us | Digg it | Yahoo MyWeb | Google | StumbleUpon

[Site Review] My RSS Subscription List

It’s the silly season so it’s time to have a little fun. Oh, and it’s the season of sharing and love. Thus, I shall share with you all, something… I shall share my RSS subscription list. Isn’t that a kind gift?

Well, I don’t know about you but I love reading things like this. Peoples favourite books, music, RSS subscriptions (of course), restaurants, sock colour (?), etc.

Just to get started. I use Google Reader for all my RSS viewing. To be quite honest, I have never used any other similar tools so wouldn’t know if there are better viewers out there but use Reader simply because it’s a Google product (I love Google of course) and it ties in with all my iGoogle widgets. Now for the fun stuff:

At Ease - This is a Radiohead fan site. Probably the best of its kind on the web - in my opinion. Importantly, with a World Tour on the cards I have to keep up to date with the latest Radiohead news.

Ben Metcalfe - I forget how I found out about Ben Metcalfe. I don’t know much about him or his work either. I think he’s done some work with MySpace so thought he’d be an interesting chap to follow. He hasn’t added much new content of late - probably working hard at MySpace as presumed - so I will be patient with this one.

Branding Strategy Insider - Well, as a marketing major it sort of goes without saying why I am subscribed to this feed. Always interesting stuff on branding to be found here.

Carbon Planet - I love - or should that be <3 - Carbon Planet. Their purpose in society; their website; they blog; their people; they building - all mighty fine! David Sag, Carbon Planet’s CEO is always very interestingly read and covers the pressing issues. Very Australian focused but very relevant, globally.

College Startup - Always full of helpful stories for a budding blogger like myself. It has a nice for-students feel about it too, surprisingly.

EJ - Entrepreneurs-Journey by Yaro Starak is without doubt, one of the best Internet Business blogs/sites on the entire WWW. I must admit, his site has gotten a little commercial of late with stacks of ‘product reviews’ overtaking informative articles but they are starting to get interesting too as my knowledge and interest in the topic expand.

Gearfire - I have no idea what this blog is about from face value. I will keep you posted I guess. It must be on my list for a reason.

Official Google Blog - Australia - I don’t think I have to say much about this one. I think it would be foolish not to keep up with Google’s Australian focused news.

ifoApple Store - This is a news and information blog about Apple’s retail stores. Very much a narrow, underservied niche and I am sure one that could use just the one site - this one. It’s nice to be able to follow the development of cool Apple concept stores across the globe.

Internet Outsider - Another site I don’t know much about. I will have to keep an eye on it and see how it fares.

Naomi Simson - I have been following Naomi for a few years via BRW magazine in which she has featured a few times. Naomi runs Red Balloon Day, a highly successful gift/adventure/experience booking business. She’s very much a motivater and leader. I love this blog - she’s one experienced woman.

Official Google Blog - This is the worldwide Google blog and it’s more active than it’s Australian offspring. I read it for the aforementioned reasons.

Pajago - Well, as if I wouldn’t have my own blog on my RSS list. I do this primary to see how my posts look in Reader. Just to ensure they don’t go funky and all.

ProBlogger & ProBlogger Jobs - Only added these this morning. Can’t really say a lot yet.

Radiohead News - This is an auxiliary to At Ease - just incase one or the other crashes…

Ok, I am going to call this post 1 of 2. This post has turned out longer than I expected.

Stay tuned for part 2 which will be posted tomorrow during the week.

PJG

del.icio.us | Digg it | Yahoo MyWeb | Google | StumbleUpon

« Previous PageNext Page »