Monday, October 31, 2011

Innovators Business Ideas

 
Apple had 90 days working capital on hand when Steve Jobs took over — in other words, Apple was only three months away from bankruptcy.

Steven Paul "Steve" Jobs (February 24, 1955 – October 5, 2011) was an American entrepreneur and inventor. He was co-founder, chairman, and former chief executive officer of Apple Inc. Jobs also previously served as chief executive of Pixar Animation Studios; he became a member of the board of directors of The Walt Disney Company in 2006, following the acquisition of Pixar by Disney. He was credited in Toy Story (1995) as an executive producer.


When describing his period of exile from Apple — when John Sculley took over — Steve Jobs described one fundamental root cause of Apple's problems. That was to let profitability outweigh passion: "My passion has been to build an enduring company where people were motivated to make great products. The products, not the profits, were the motivation.

Sculley flipped these priorities to where the goal was to make money. It's a subtle difference, but it ends up meaning everything."

There were thousands of layoffs. Scores of products were terminated. He knew the company had to make money to survive, but he transitioned the focus of Apple away from profits.

Adopted as a baby, Jobs recalled as a child once confronting his parents in tears about why his real parents had rejected him. His parents sat him down and said, "No, you don't understand. We specifically picked you out."

Profit was viewed as necessary, but not sufficient, to justify everything Apple did. That attitude resulted in a company that looks entirely different to almost any other modern Fortune 500 company. It's almost the opposite of what is taught in business school. Apple is just the opposite: It thinks of great products, then sells them. Prototypes and demos always come before spreadsheets."

While growing up Steve Jobs will go unbathed for several days his managers at Atari made him work the night shift because his co-workers complained about his body odor, and he drove a Mercedes with no license plate because he didn't want people tracking him.

Everything — the business, the people — are subservient to the mission: building great products. And rather than listening to or asking their customers what they wanted; Apple would solve problems customers didn't know they had with products they didn't even realize they wanted. They can do it because Apple hasn't optimized its organization to maximize profit. Instead, it has made the creation of value for customers its priority.

A driven eccentric and sometimes cruel man who grew more reflective and fatalistic in his later years.

A Professor at Harvard Christensen's predictions on Apple: "There's just something different about those guys. They're freaks."

Jobs was profoundly influenced by the Innovator's Dilemma — took Apple from bankruptcy three months away, to one of the most valuable and influential companies in the world.

Steve Jobs was initially a Buddhist, and he began to have Faith after developing Cancer.

Jobs' legacy extends beyond his contributions to technology; he was also known for his unconventional thinking, creativity, and relentless pursuit of perfection. His philosophy emphasized the intersection of technology and liberal arts, and he believed in the power of design to shape human experiences.

Steve Jobs passed away on October 5, 2011, leaving behind a profound impact on the technology industry and popular culture. He remains an inspirational figure for entrepreneurs, innovators, and creatives around the world.

Innovators are the bold thinkers, the visionaries, and the creators who drive progress and change in our world. They are the individuals who challenge the status quo, push boundaries, and bring fresh ideas to life. Innovators can be found in every field, from technology and science to art and business. They're not afraid to take risks, embrace failure as a learning opportunity, and persist in the face of adversity to bring their ideas to fruition. Whether they're inventing groundbreaking technologies, designing revolutionary products, or pioneering new approaches to solving problems, innovators play a crucial role in shaping the future and driving human advancement.

I Wish You Great Success

Friday, September 30, 2011

Profit From Public Domain

The term "public domain" refers to a state of intellectual property where certain works are no longer protected by copyright, trademark, patent, or other forms of legal protection. When a work enters the public domain, it means that it is freely available for use by anyone for various purposes, including reproduction, distribution, modification, and public performance, without the need for permission from or payment to the original creator or copyright holder. Here are some key aspects of the public domain:

Expired Copyright: In most countries, copyright protection has a finite duration, typically extending for the life of the creator plus a certain number of years (e.g., 70 years in many countries). Once the copyright term expires, the work enters the public domain.

No Copyright: Works created by the government or its employees as part of their official duties are often automatically in the public domain. These may include government reports, publications, and data.

Dedication: Some creators choose to dedicate their works to the public domain intentionally. They may use tools like the Creative Commons CC0 license to waive all their copyright and related rights.

Historical Works: Older works whose copyrights have expired are often considered part of the public domain. This includes classic literature, art, music, and historical documents.

Lack of Originality: Some materials do not qualify for copyright protection because they lack originality, such as factual information or basic data.

Public Domain Databases: Some organizations curate databases or collections of works that they explicitly designate as being in the public domain for public use.

Derivative Works: Once a work is in the public domain, others can create derivative works based on it without infringing copyright. For example, they can adapt, remix, or build upon public domain content.

Access to Knowledge: The public domain plays a crucial role in ensuring that knowledge, culture, and creativity are accessible to all. It promotes innovation, education, and the free exchange of ideas.

Cultural Heritage: Many culturally significant works, such as classical music compositions and ancient texts, have entered the public domain, preserving and sharing cultural heritage.

It's important to note that copyright laws can vary by country, and the determination of when a work enters the public domain may depend on local regulations. Additionally, some works might be in the public domain in one country but still under copyright protection in another due to differences in copyright terms.

Before using a work from the public domain, it's a good practice to verify its status and ensure that it has indeed entered the public domain in your jurisdiction. Public domain works can be valuable resources for various creative, educational, and research endeavors.


Typically, 'public domain' describes literary, musical, artistic and other creative works that are no longer protected by copyright, alongside others that never were subject to copyright. As such those items can be picked up and turned into valuable commercial products such as books, films, postcards, prints, calendars, and countless other high profit products.

The fact is there are many millions of articles in the public domain, covering a massive range of topics. In fact, especially in the United States, there are articles printed as recently as the 1970's packed with valuable up-to-date information and no longer subject to copyright.

I Wish You Great Success

Tuesday, August 23, 2011

The Land of the Free

We've seen free hands-on workshops for computers, chess, knitting and more. You can learn a new language at FSI-language-courses.org, learn to draw at Drawspace.com, or improve your golf game at Golf.com, just to name a few resources.

Free Hobbies
Want to learn something new in your spare time? Many local retailers offer free workshops. For instance, you can improve your culinary skills. At REI, take advantage of free clinics on bike maintenance, backpacking, camp cooking and more.

Free Investing Apps
Stay up to date on the financial markets with free apps on your iPhone, Blackberry or Android.

Bloomberg for up-to-the-minute stock quotes and breaking news, Morningstar for mutual fund research at your fingertips, and Yahoo Finance for the latest financial headlines, stock news and videos.

Free E-Books
If you own a Kindle, iPad or other electronic reader, you can populate your e-library without breaking the bank. E-books commonly sell for $9.99 -- less than hardcovers but about as much as paperbacks. But at Gutenberg.org or the University of Pennsylvania's online books page, you won't pay a cent to legally download thousands of books whose copyrights have expired, including War and Peace, Moby Dick and Little Women.

You can also search for free e-books at Amazon.com, Barnesandnoble.com, iTunes.com and Kobo.com. Or check your public library, where you can get newer titles for free too.

Free Tax Help
Understanding the U.S. tax code can be, well, taxing. But Kiplinger.com is here to help. During tax season, we publish a tip a day to make sure you get every dime you're due. Also check out the discussion board at HRBlock.com, which is monitored by tax professionals during tax season.

The IRS wants to help, get answers from the people who enforce the rules. You may also qualify for free face-to-face help from a tax pro volunteer. See the IRS's list of free tax return preparation resources for details.

Free Outings
You can entertain friends, family or even a date for free -- without looking cheap. Many top-notch museums, galleries and zoos offer free admission year-round, including the Getty Center in Los Angeles, and Chicago's Lincoln Park Zoo. Others, including the Museum of Modern Art in New York, let you in for free on certain days of the week or month. And many college campuses host free concerts and student art exhibits.

Every October, select theaters nationwide give free performances. 
Go to FreeNightofTheater.net to learn more. 


Enjoy the Savings

Thursday, July 21, 2011

The Business of an Entrepreneur

 
An entrepreneur is willing to accept the risk of starting and managing the type of business that lets them do the kind of work they want to do, and offers them a balanced lifestyle.

That is a good way of describing what we are all doing or at least aiming to do? Just consider the following common themes that unite the various money-making opportunities we can follow:

* Low entry barrier - Thanks to the likes of eBay and Amazon, international trade is no longer just for those with warehouses. With the explosion of e-readers like the Ipad it means anyone can now self-publish to a global audience.

* Controlled risk: - As the upfront investment is low (or sometimes zero) the actual financial risk involved is minimal.

* Home-based - You do not need an office building and the inherent travel cost. With a laptop, an Internet access you can run a global enterprise from home.

* Low start up & running costs - The investment required to start and run your enterprise is low or even zero, and once successful the business can be self-financing.

* Fun & personally fulfilling - It is not only possible to use your interests and hobbies as part of your business; it should be at the very core of your decision.

* Flexi-time -Due to the leveraged nature of many of the strategies, it's possible to greatly magnify the potential gains compared to the time and effort invested.

* Unlimited upside - Your earning potential is unlimited.


I Wish You Great Success

Tuesday, June 28, 2011

Securing the Digital Universe

The term "digital universe" refers to the vast and ever-expanding collection of digital data and information that exists in various digital formats, stored across numerous devices, systems, and platforms. It encompasses all the data generated, transmitted, and stored by individuals, organizations, and systems in the digital age. 

Here are some key aspects of the digital universe:

Data Types- The digital universe comprises a wide range of data types, including text, images, videos, 
audio, sensor data, structured and unstructured data, and more. This data is generated by humans, 
machines, and various digital devices and systems.

Data Sources- Data in the digital universe originates from various sources, including social media interactions, internet browsing, online transactions, mobile apps, IoT (Internet of Things) devices, 
sensors, scientific research, and business operations.

Data Growth- The digital universe is characterized by exponential data growth. Advances in technology, increased connectivity, and the proliferation of digital devices have contributed to the rapid expansion of this universe.

Big Data- Much of the digital universe falls under the category of "big data" due to its volume, velocity, variety, and complexity. Analyzing and extracting insights from this data can be challenging but also 
highly valuable.

Data Privacy and Security- With the vast amount of data in the digital universe, concerns about data privacy and security are paramount. Safeguarding personal and sensitive information from unauthorized access and breaches is a significant challenge.


Approximately 75% of the digital Universe is a copy, only 25% is unique, while enterprise account for 20% of the data generated, they are liable for 80% of the data created and by 2020 more of this data will live or pass through the cloud.

In terms of sheer volume of data to be protected from 2009 to 2020 the amount of data in the Digital Universe is expected to grow by a factor of 44times to 35 trillion gigabytes. Although identity, financial account and credit card data are the most sought after even surpassing illicit drugs as organized crime most desirable commodity.

The compromise of system data i.e. configurations, settings and log files can be the gateway for access to this data and needs continuous monitoring and protection.

I Wish You Great Success

Friday, May 27, 2011

Privacy Versus Secrecy


Privacy and secrecy are related concepts that involve controlling access to information, but they are distinct in terms of scope and context.

To the older generation privacy is about secrecy and once something is no longer secret it is no longer private.

To the younger generation privacy is about control, a lot of data is shared with government agencies, employers and social media, but when you can control the flow of your data and who is granted access then it is considered private

Privacy and secrecy are related concepts that deal with the protection of information, but they have distinct meanings and implications.

Privacy refers to an individual's right to control their personal information and data, as well as the freedom to keep certain aspects of their life or activities confidential from others.

The scope of Privacy encompasses a broad range of personal information, including but not limited to communication, financial details, medical records, and lifestyle choices.

Privacy often emphasizes giving individuals control over their personal information, allowing them to choose what information they share and with whom.

Secrecy, on the other hand, pertains to intentionally keeping information hidden or confidential from others. 
It is often a deliberate act of concealing specific information or knowledge.

The scope of Secrecy can apply to various types of information, including personal, organizational, 
or government-related details. It may involve trade secrets, classified information, or confidential business strategies.

Secrecy may require the implementation of security measures such as restricted access, encryption, and authentication to prevent unauthorized disclosure.

While privacy and secrecy share the common goal of controlling access to information, privacy is typically more concerned with protecting individual rights and personal data, while secrecy often extends to a broader context, including organizational and governmental matters. Both concepts, however, play crucial roles in maintaining trust, security, and ethical standards in various aspects of personal and collective life.

Friday, April 29, 2011

The Team

 
The odds are incredibly high that YOU are doing all the work to grow your business. And that's where the overwhelm, overwork, and frustration comes from. After all, growing a business takes a lot of work.

But, if you, and you alone, are doing all the work to grow your business, it means that your business is designed wrong. Because while it's true that growing a business takes a lot of hard work - it doesn't mean that YOU have to be the one doing all the hard work.

What I am talking about is designing your business, so you satisfy, better than your competitors, the essential needs, unconscious expectations, and perceived preferences of everyone your business interacts with.

That includes employees, outsourcers, affiliates, joint-venture partners, prospects, customers, suppliers, and anyone and everyone else your business relies on.

The Team culture refers to the shared values, beliefs, behaviors, and norms that define how members of a team interact with each other and work together. It encompasses the overall atmosphere, attitudes, and relationships within the team. A positive team culture contributes to increased collaboration, communication, and productivity.

In other words, you build a business that every member of your team understands the business culture and knows how the business makes money.

The mistake most entrepreneurs make is they neglect everyone other than themselves. They design or default into a business where they are the only ones who truly benefit from the business. And if that's the case, it shouldn't come as any big surprise that they are the ones who are going to have to do all the work to grow it.

If you do all the work to grow your business, you end up with a job that owns YOU instead of a business that you own.

I Wish You Great Success