Category Archives: finance and economics

How to scale up your agency: a fresh approach

A colleague and I were discussing “leadership” and what that truly meant.  We came up with this analogy, which I hope you’ll enjoy. Imagine you move rocks for a living.  The more rocks you move, the more you’re paid.  You don’t move rocks, you don’t get paid.  Thus, you understand… Read more »

Calling Dan Gilbert: Our solution to Detroit’s youth unemployment issue

Nearly a quarter of youth in the United States are unemployed:   And Detroit’s unemployment rate, though steadily improving, is at 18.8%, over double the national average of 7.7%, according to the latest figures from the US Bureau of Labor Statistics:   High youth unemployment multiplied by a high unemployment… Read more »

Why some technology companies fail and others succeed

Many folks speculate why Google has overtaken Yahoo! in search or why Facebook has dominated in social networking, versus Friendster. I believe there’s one key factor— if you’re running a technology company, you need a technologist at the helm.  Larry and Sergey of Google were Ph Ds (or about to… Read more »

Why loyalty programs are failing and how to fix yours

An article in MediaPost today highlights why few companies are delivering upon their loyalty programs. In a nutshell, consumers want personalized rewards, whether it be through their grocery store cards, airline frequent flyer program, or other points-based system.  But marketing departments are not able to personalize because they are unable… Read more »

How Jack in the Box reminds me of the Jetsons, airport security, and video games

I stopped in at a Jack in the Box today and noticed no employees at the register.  Customers were ordering through a kiosk.  This beautiful touch-screen marvel spoke in English and Spanish and upsold you at every turn– would you like bacon on that?  How about upgrading to a large?  Just… Read more »

You can buy marijuana legally in Colorado

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Want to know what’s one of the hottest areas in local?  Medical marijuana dispensaries.  I read in today’s Denver Post that dispensaries are popping up everywhere. The license fee is only $3,000 and there is no cap on the number of dispensaries that can open.  This land grab is a… Read more »

Google AdWords Bid Simulator– observations

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 The new Bid Simulator, which you’ll see in the keywords tab, forecasts how many clicks and impressions you’ll see at different bid levels.  It only shows the simulator for some of the keywords– not sure what logic is used to choose which ones.  It certainly isn’t search volume, since some… Read more »

World’s largest group dating site goes from free to subscription based

A guest post by Adam Sachs, co-founder of Ignighter, a group dating site with great relationship advice and a fun place to work I’m Adam Sachs and I run the world’s largest group dating site. Since our initial launch as a Facebook Application in January 2008 and subsequent relaunch as… Read more »

Google and AmazingMail are both giving out FREE business cards

No, this is not a scam, Google is giving out free business cards to the first 10,000 folks that sign up to promote their new profiles product, but make sure you first have a Google profile that is set to Public. Better hurry before the offer is over. Cards will… Read more »

Walmart CEO says people enjoy spending less

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Lee Scott in his annual address to the National Retail Federation, noted that in the latest focus group of young shoppers, “Every  one of them had given something up, and they were talking about how good they felt about doing that.” Thus, he doesn’t see a rebound in sales any… Read more »

Yodle gets $10MM in Series C Funding

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I first heard of Yodle about 4 years ago, back when it was called NatPal, by Nathaniel Stevens out of UPenn, a friend of Brad Twohig, who is our joint friend.  Since then, I’ve seen the company grow from a few dozen clients to a reported 5,000, bring in a… Read more »

Porn industry requests bailout

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CNN.com reported a story where Larry Flynt and some other porn executives are asking Congress for a bailout.  I suppose the folks making free porn are losing their shirts, literally?  If the adult industry, one of the largest and most lucrative segments of internet traffic, is asking for a handout,… Read more »

New Years resolutions that don’t fail– and your way out

How about making a resolution to not make any more resolutions? Seriously, when you example instances of when people fail versus succeed, a few key traits stand out. I’ll explain at the end of the article– but first… I read a study where patients were told by their doctors that… Read more »

The biggest Ponzi scheme ever!

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There’s been recent debate from folks like Jim Cramer and Business Week on whether Social Security is a Ponzi Scheme. Of course, it is! You don’t have your own account that holds the deposits you make. The money you put in now is used to pay off people who joined… Read more »