Archive for the 'Capitalism' Category

Dairy Queen’s royal Effing

Spring is all up in the air and the birds are chirping. So was I. Chirping last night for a Dairy Queen Blizzard. A Blizzard is a phenominal marriage of ice cream and goodies, usually in the form of crushed up cookies or candy bars.

Kp, my two roommates, and myself made the drive to Dairy Queen last night to partake in some Blizzard noise. Little did we know, that we were stepping face first into a consumer’s worst nightmare.

On the blizzard menu, you now have the option of paying 49 cents more for what they call “extra stuff”. Extra stuff turned out to be the stuff they used to put in the blizzard.

All four of us got the blizzard, and none of us got the “extra stuff”. All four had the same problem. About halfway down, all of the sudden there wasn’t any more stuff. No more cookies.. no more candy bars.. no more sprinkles. It turns out that the “extra stuff” is the stuff that used to be included normally. Now you have to pay extra for what they just used to toss in there.

WTF Dairy Queen. Hot eats cool treats my ass.

New Albums of 08′

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There are alot of new albums coming out next year, but only one you’ll need to care about. The band Doughnuts in November will be releasing their MUCH anticipated record here on American soil early next year. Up to this point, all their releases have only been available in their native land of Mexico. That all changed last month, when a merger between two of the biggest record companies in the business took place, allowing music from other countries into ours.

These actions did not come without sacrifices. Already losing two band members in the past, (Freddy Loser in a vicious knife fight outside a local club, and Dead End to malaria) Doughnuts in November had to be literally sneaked out of the country due to a public outcry of traitorism when they found out they were coming to America to record. The day before their 4 week burro ride across the border, the lead singer of DIN, Doug Dickens, almost was fatally wounded when an unknown assailant rigged his burrito with explosives. Fortunately, Doug was to busy pleasuring one of their numerous groupies and had skipped on lunch. The burrito detonated in his refridgerator and no one was injured. Another account saw their drummer, Astella Dios, with a three day hospital stay due to an attack from a moltov cocktail, which was dropped from a bridge while he was passing underneath in his camaro. The attacker was caught two days later by fellow band mates Finish Line and Maximum Buick, and was severly beaten. Courts ruled in DIN’s favor, and Finish and Maximum were let two with a paltry fine of 40 pesos and three hours of community service. The last, and most outrageous feat to stop the band was to their sole roadie, El Roadie Diablo Negro, from foreign dignitaries. While America and Mexico were discussing the merger, Europe, whom also wanted rights to DIN, invited El Roadie to an “all inclusive” vacation celebrating their success. However, upon arriving to Europe, El Roadie was quickly siezed and his four groupies (which is the standard number which accompany any member of DIN at all times) were shot on sight. Taken to a remote location, El Roadie was tortured within a mere fraction of his life for nearly four weeks for any information that would result in the inner colapse of the band. Standing fast, El Roadie endured hours of beatings, water torture, and starvation daily but never broke. He finally escaped after a clumsy guard forgot to re-tie one of his hands. El Roadie managed to untie himself and escape, but not before taking the lives of no less than 14 European guards, 3 horses, and 18 children.

Through much struggle comes much benifit however, as predictions claim that their album will be no doubt, the smash success of 2008 and possibly the first quarter of 2009. With a very grueling tour lined up of “at least 7 shows” next year, the album is expected to make the band 10’s of dollars. Stay tuned for further updates on the release of the album.

“No Plan, No Capital, No Model…No Problem: Companies That Defied What VCs Will Tell You”

In 2007, starting a business online does not require a great deal of planning, effort, time, or money. James Hong of HotorNot.com and Markus Frind of PlentyofFish.com prove that even with no budget and no set plan, an entrepreneur can find a wide audience and monetize their business online to achieve great profit.

In an extremely informative and eye-opening panel discussion entitled, “No Plan, No Capital, No Model…No Problem: Companies That Defied What VCs Will Tell You,” moderated by start-up guru Guy Kawasaki, five panelists discuss how they started successful online businesses using search engine optimization, open source software, viral marketing, affiliate marketing, and other low or no-cost online tools.

(Follow the link to watch the event - 1 hour, 40 minutes - on Guy Kawasaki’s blog)

Panelists included:

Notable highlights:

-Markus Frind did not spend a dime to start PlentyofFish.com and the idea came as an afterthought while trying to learn ASP.NET. The website generated about $1000/month within the first 3 months from Google Adsense. He didn’t even know venture capitalists existed until a year or two after its launch.

Now, he spends around two hours a day managing the free online dating service that gets twelve billion page views a year. He is the sole employee, only has one server, and makes $5-6 million/year with Google ads.

-James Hong started HotorNot.com as a joke with his friends in October 2000. They launched the first day by telling 40 more of their friends. That day they had about 40,000 people come to the website. They hit 1 million page views a day in 8 days. The site started from no money at all and grew with no financial backing from anyone- not even for equipment or hosting. He explains, “There are still things you need venture capital up front to do, but starting a website is not one of them.”

For similar stories, I highly recommend the book, Founders at Work by Jessica Livingston, author and founding partner of Y Combinator.

Washington D.C.

5in1-reader-wcord.jpgfca5_1.jpgI recently got back from a Trip to Washington D.C. One of the biggest differences between there and here in Pittsburgh is that the bums yell at you in foreign languages. Also, everything is more expensive. A $28 shirt from Urban Outfitters here will cost you $32 there. Not to mention the $27 I spent on two drinks at an upscale Asian French Restaurant called OYA.

Also, for some reason, the back of the White House was completely blocked off, and there were military people at the Washington Monument to “scare” tourists (his own actual words). Eventually we found out that they were there for a ceremony later that day which we missed. There weren’t alot of places to buy a drink, which was bad due to the constant walking and heat.

Everyone there that works for the city was mean, including the lady who was working at the Metro Station. When we asked her for change for a dollar that wouldn’t feed into the ticket machine, she refused and we had to get change from a random woman.

Also, there was no grafitti or anything of that sort anywhere. It was a very clean city and all the buildings were really nice and visually pleasing.

More pictures later.

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Washington Monument
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El Casa De Presidante


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The Capital Building

Can Bill Gates Save the World with “Creative Capitalism?”

An article in the June 18, 2007 issue of TIME entitled, “Bill Gates Goes Back to School” by Lev Grossman, highlights Bill Gates’ commencement address to recent Harvard graduates and his acceptance of an honorary degree to the school he dropped out of to eventually co-found Microsoft.  The speech notes his plans t0 leave Microsoft in 2008 and become a full-time philanthropist, directing his efforts to improve global education and global health through the Bill & Melinda Gates Foundation.

Follow the first link to the TIME article and the second to the Bill & Melinda Gates Foundation website for a transcript of his commencement speech - both worth a read.

Gates’ explains during the speech his one big regret about leaving Harvard: “I left Harvard with no real awareness of the awful inequities in the world—the appalling disparities of health, and wealth, and opportunity that condemn millions of people to lives of despair.”  He cites the millions of young people lacking educational opportunities in America, and the millions living in “unspeakable poverty and disease” around the world.  It took him decades to understand the complexity of injustice around the globe, he comments.

At Harvard, Gates took great interest in new discoveries concerning economics, politics, and advances in the sciences.  However, as he realizes now, humanity’s greatest achievements emerge as a result of our ability to apply new discoveries to reduce inequality, such as on issues of democracy, quality health care, and broad economic opportunity.

As a promoter of capitalism, an economic system contributing to his wealth and success at Microsoft, Gates acknowledges the limitations on the system to help the greater good.  During his commencement speech, Gates introduces an idea he calls “creative capitalism.”  Creative capitalism means finding ways to use the market forces to create profit, or at least a living, for more people to serve those suffering from the worst inequalities.   He explains, “If we can find approaches that meet the needs of the poor in ways that generate profits for business and votes for politicians, we will have found a sustainable way to reduce inequity in the world.”

Much like Al Gore as I noted in “Let’s Get Political,” Gates points to the accelerating technologies and information available to today’s college graduates.  Now more than ever we can come to recognize, understand, confront, and solve the problems of disparity at home and abroad.  Gates notes, “You graduates are coming of age in an amazing time. As you leave Harvard, you have technology that members of my class never had. You have awareness of global inequity, which we did not have. And with that awareness, you likely also have an informed conscience that will torment you if you abandon these people whose lives you could change with very little effort…For a few hours every week, you can use the growing power of the Internet to get informed, find others with the same interests, see the barriers, and find ways to cut through them.”

Bill Gates, cited as the wealthiest human being on the planet for over a decade by Forbes magazine, could easily ignore the great inequalities of the world and swim in his billions of dollars.  But Gates has a conscience.  The Bill & Melinda Gates Foundation has an endowment of more than $33 billion, making it by far the largest charitable foundation in the world, and last year close friend Warren Buffet committed to eventually adding an additional $30 billion (Grossman).  The magnitude of wealth he has acquired and full-time efforts he will dedicate to closing the gap between the rich and the poor in the United States and between first and third world countries provides a model for the youth of the world to follow.  Gates began as an entrepreneur, worked to become wildly successful both in advancing the field of technology and growing a colossal fortune, and now finds his greatest regret in failing to recognize how to use his knowledge, access, and privilege to reduce inequality. 

His speech serves as a reminder to consider the global market and community, in which we all now participate, when designing your career path.  Through technology we all have the ability and opportunity to affect positive change on a global level.


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