Lessons in Survival from the Boabab Tree

Last week in the Disney Animal Kingdom, our safari guide taught us about the gigantic Boabab tree. One Boabab tree can hold as much as 4.5 thousand liters of water.  This tree is often called the “Upside-down Tree” because when it’s leaves fall the branches look like roots and and the tree appears to be [...]

Consulting for Social Media, Niche Social Networks & Digital Monetization

“Approximately once a decade, a radical new technology emerges that fundamentally changes the business landscape.  In every case, regardless of prior competitive dynamics, businesses that understand and appropriately adopt the technology win, while those that fail to do so lose.  In the 1970s, this was mainframe computing.  IN the 1980s, it was the PC. In [...]

FamilyLink Becomes a Top 100 US Web Property

For years, one of my goals has been to help create one of the 100 most popular web properties. Since last August I have been privileged to spend much of my consulting time working for a client named FamilyLink, the world’s largest family-related social network.  FamilyLink operates the We’re Related Facebook application, which is the [...]

Momentum and Hope

Last weekend Crystal and I went sand duning with our friends Matt and Michelle at the Coral Pink Sand Dunes State Park  in southern Utah. The park is comprised of 3,730 acres of breathtaking pink coral-colored dunes, surrounded by red sandstone cliffs, blue skies, and deep emerald forests. Imagine pink sand dunes and lush pine trees. [...]

How to Build a Business Warren Buffett Would Buy: The R.C. Willey Story

I just finished reading a Jeff Benedict’s book “How to Build a Business Warren Buffett Would Buy: The R. C. Willey Story.” If you don’t live in Utah, Nevada or Idaho, R.C. Willey is a chain of home furnishing super stores that dominates the markets it serves in those states.  
R.C. Willey is famous for [...]

Building a Skyscraper on Leased Land: Does Someone Else Own or Control the Key Asset of Your Business?

In my digital monetization consulting, I have worked for two companies that are far too dependent on other businesses that own or control key assets on which my clients rely.  One client is completely dependent on a publishing company that has a virtually monopoly on the niche publishing market of my client.  The publishing company [...]

The Parable of the Cement Pylon

Years ago I heard a story about a person who was driving down the freeway and approaching an interchange with two possible directions the driver could choose.  One person in the car was telling the driver to go right and another person was telling the driver to go left.  The driver was unable to make [...]

Bill Gross, the Genius Behind IdeaLab

Bill Gross is the founder of the IdeaLab business incubator, with sales exceeding $435 million. It is one only tech incubator that survived the dotcom crash in its original form. IdeaLab has built many different ventures, such as:
· GoTo/Overture (became Yahoo Search Marketing) – paid inclusion search engine that was renamed Yahoo! Search Marketing after [...]

Level 5 Leadership

More than 15,000 hours were put into the Good to Great project by author Jim Collins and his team. In the research, they identified companies that had been following at or below the standard market performance for at least 15 years, and then had a huge increase, dramatically outperforming the market over a 15 year [...]

Trying a Lot of Things and Keeping What Works

In Built to Last, the authors said:
In examining the history of visionary companies we were struck by how often they made some of their best moves not by detailed strategic planning, but rather by experimentation, trial and error, opportunism, and–quite literally accident.
This week I read an interview in Founders at Work with Paul Buchheit of [...]