Author Archives: Mike O'Connor

The notion of "enough money"

Marshall Goldsmith's got a good one in Fast Company this week… Here's the link to his article in which he says (correctly) that we should “stop obsessing about goals and focus on mission.”

I thought the whole piece was good, but the part that spoke the most for me was the personal side of the story. Here's a good sample Quote:

The canyons of Wall Street are littered with victims of goal obsession.

I asked one hard-driving deal maker, “Mike, why do you work all of the time?”

He replied, “Why do you think? Do you think I love this place? I am working so hard because I want to make a lot of money!”

I continued my inquiry, “Do you really need this much money?”

“I do now,” Mike grimaced. “I just got divorced for the third time. With three alimony checks every month, I am almost broke.”

“Why do you keep getting divorced?” I asked.

The answer came out as a sad sigh. “All three wives kept complaining that I worked all the time. They have no idea how hard it is to make this much money!”

I've always felt that it's important to know how much is “enough money.” Keeping that “enough is enough” notion in mind has kept me out of a lot of trouble over the years, and left me a lot more time to mess around with my family, friends and quirky sideline interests.

XP SP2, virus scanning and adware blocking software

Everybody's hyperventilating about how SP2 “breaks stuff” today — here's a typical article that ran last night. I wish they'd describe this in less dramatic terms. 'Turns out they're talking about the impact of having the firewall turned on by default, instead of turned off (which is the default up until now). So a better version of the headline would be “XP SP2 needs to be reconfigured if you use certain apps” or some such…

Which got me thinking — why doesn't Microsoft bundle anti virus and anti adware software in too? Sure, it'll annoy the companies that have made a business out of fixing MS flaws, but so what? 'Sure would make life easier…

Assuming this will never happen, here are the (free – well, donations-accepted) packages I currently use.

AVG Anti-Virus software

Spybot Search and Destroy – anti adware/spyware software.

I was pleased to see that Consumer Reports just gave Spybot the nod as a “good thing” in their latest issue.

RNC — a time of great innovation

Ok, I'm a Democrat. Might as well get that out of the way early. But if the tables were reversed and all these folks were aiming all this cool community technology at the DNC, I'd still be pumping out my engineer's victory salute.

Local Twin Cities Type Guy Paul Schmelzer has written up a great piece on his blog summarizing the technology that will be used by various demonstrators at the RNC in a few weeks.

I'm glad to see that the community-technology movement is still coming up with great new ideas to tweak the establishment and have some fun at the same time. Carry on, peepul!

Rhetorical (and visual) dishonesties, and their countermeasures

It's been kindof a slow week for the blog — I dunno, just nothing much catching my eye. But this piece is a great list of ways to lie — both words and pictures — as well as countermeasures.

Here's the sample (via Boing Boing) that caught my eye

(8) The argument that we should not make efforts against X which is admittedly evil because there is a worse evil Y against which our efforts should be directed (pp 50-52)

Dealt with by pointing out that this is a reason for making efforts to abolish Y, but no reason for not also making efforts to get rid of X.

(9) The recommendation of a position because it is a mean between two extremes (pp 52-54)

Dealt with by denying the usefulness of the principle as a method of discovering the truth. In practice, this can most easily be done by showing that our own view also can be represented as a mean between two extremes.

What if congress could vote electronically?

I woke up wondering what would change if legislators (at any level, local through international) could vote over the Internet. What’s the implication of that (inevitable, although maybe not in my lifetime) change in the way that representative government takes place?

Here are some initial thoughts before heading off to the farm this morning.

Legislators;

– would spend more time in their home district

– would be more influenced by the voices of the people they represent

– would be harder for lobbyists to reach

– wouldn’t need to be paid as much (since they would only need one residence)

– would spend less time on travel

I think there are some great quality, performance and cost enhancements possible here. I’ll keep editing this for a few days…

A good laugh — I've never read popular business books — now I know why

Ryan Underwood had me grinning this morning with this piece in Fast Company. A fable about fables, it chronicles the decline of a poor hapless person who actually follows all the oh-too-sweet advice in some of the “big name” business books. I loved it. He only blew it when he offers a recommendation at the end of the article.

Bonus! It's got the plot summaries of a bunch of those fable-books, so you can nod knowingly when people start talking about them.

New words

I like this piece by Seth Godwin in which he comes up with a bunch of new words to describe “great stuff” and in the course of the article makes some darn good observations about how to get a product up and running.

For example; there's a very important moment when a product becomes “remarkable” and opinion leaders start buzzing about it amongst themselves. He calls products like this “Purple Cows.” With that, people can start asking questions like “how can we make this more Purple?” A great insight, among many.

Mind-mapping software — I'm going to stick my toe in the water

David Coursey has a piece this week about MindJet’s Mind Manager software that caught my eye. I like David’s stuff a lot — like the Baby Bear he’s usually thinking about stuff that’s in the “just right” place for me, not too far out there in rocket-science exotic whacko new-idea land, but not talking about stuff that I’ve looked at six months ago and already evaluated.

read on for more observations about mind-mapping software and the community-collaboration connection… Continue reading

Product positioning — market segmentation

Laura Ries carries on in her father's footsteps, writing terrific stuff about positioning. Here's her checklist to stimulate your thinking when you're getting ready to work on where to position a product (as I am, just now).

I'm a big fan of market-segmentation and positioning, especially in the early stages of a product's life. I don't think you can come up with too many ways to segment a market when you do this kind of analysis. Laura describes several new dimensions that I'll add to my standard list.

Why the next big startup boom won't happen in the dot-com space

David Hornik, writing at C|Net, and writer of Ventureblog, has a funny piece that I enjoyed reading — Blogging, a World Stuck on Itself.

I think the hidden pearl is down near the end — where he points out that the little startups should stop talking and start producing, lest they attract the attention of big companies who will occupy their space before the little startup can really get things under way.

I pose the following hypothesis — just about anything in the info-tech arena is subject to this problem. I think the dot-com thingy happened because the big companies didn't care, weren't looking, didn't “get it.” But they get it now — and they have lots more resources to throw at a startup venture.

this piece by Samuel Fromartz raises a relevant question — are most startups really about Big Innovations at all? He makes the point that “highly innovative ideas are rare, whereas modest ideas, backed by friendly capital might very well be the root of a successful business if not the economy.

I think you want to do a startup, do it in a segment that the Big Kids aren't watching, with innovations that have slipped under their radar. I don't know what it is 'cause I'm not watching it either. But if you really want to do the next killer software app, or hardware gizmo, you better deliver it really really soon. If you don't, your idea is going to show up with a brand-name that people trust more than you and you're gonna have a hard time.

Not buying my argument? Take a look at digital cameras — the major manufacturers are bringing out new models every six months these days. What about the my local 3M? They try to generate 30% of their annual revenue from new products every year. If powerhouses like that have “noticed” your sector, you're dead. Go find a place they aren't looking, do your product/service in a way that they can't.

2 for 1 — a financial management checklist *AND* resource

I'm quite taken with this index of financial management articles in INC Magazine.

They have done a great job of breaking out the topics and, while the articles are a little fluffy for my tastes, they provide a great starting point for ideas if you're stuck. Here's an example — what about doing a “trial run” of your business (or business-function, or project-deliverable) before opening the doors? Read this article to learn more about a fella that did that very thing.

What kind of decision? Command & control, consultative or consensus?

Charles Fishman has a piece in Fast Company about Whole Foods and the fella that runs it, John Mackey. So I'm breezing along, enjoying the read until I get to the veerry end, where Charles buries the following pearl.

  • Command-and-control decisions
  • These are the ones that Mackey makes himself — or the “boss” in a particular setting makes. They happen when timing doesn't permit wide consultation, or when Mackey thinks the stakes are so high that he feels that he has to decide. “I almost never make a command-and-control decision,” he says.

  • Consultative decisions
  • These are decisions that Mackey, the senior leadership team, or the appropriate group of people make — but only after wide conversation and consultation with those involved. It's the most common form of decision making at Whole Foods. “I make a ton of decisions where I consult with people I trust, with the people involved,” Mackey says.

  • Consensus decisions
  • These occur when the team involved strives for general agreement. Each team at each store meets monthly to provide a forum for this kind of decision making; among the decisions reached by consensus are hiring decisions: Every new employee must be voted onto the staff after a tryout; it takes a two-thirds yes vote from the team to stay. Even Mackey's National Leadership Team of 24 people routinely votes on decisions. “I don't overrule the National Leadership Team,” says Mackey. “I've done it maybe once or twice in all these years.”

    “I will make a decision about what kind of decision something is,” says Mackey. The most common decisions, he says, are also his favorites: “decisions that are not my decision.”

    Tarnation! That's a darn fine insight…