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Business Plan Competitions Around the Country

Posted on: February 27, 2007 I Written By

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As some of you may know I won the Donald W. Reynolds Nevada Governor’s Cup Business Plan Competition last year. Well, I’m going to enter again this year and I hope I’m able to pull off the win again. I don’t have nearly as good of an idea and I haven’t put in nearly the effort I did last year, but I think because I have the past experience I should be able to fair decently. We shall see.

UNLV hosted a simple elevator pitch competition which I also entered. I’ll find out Friday how I did. A quick $500 wouldn’t be a bad thing. My friend did her pitch today. I would have loved to see it, but I wasn’t able to make it since I’m home with my baby today.

I also applied for a competition in San Francisco, but didn’t make it to the finals. I was a little disappointed, but I guess that’s life. I still have hope because I entered a competition in Portland called the New Venture Championships. It seems to be well organized and have a good set of prize money. Hopefully I’ll know soon whether I made it to the semi finals or not. It would be really nice to win and be able to get my fantasy sports high school fundraiser up and going.

$1000 for One Blog Post

Posted on: February 24, 2007 I Written By

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PayPerPost is taking getting paid to blog to the next level. You can now get paid $1000 for one blog post. Granted, you have to have a blog with a Google Page Rank of 8 and an Alexa score higher than 10,000. That pretty much cuts out most bloggers. Even the mighty Scoble’s blog is only a PR 6. He does have the Alexa ranking, but that is because he is a tech blogger with a lot of his readers having the Alexa toolbar.

Regardless I think the trend of Payperpost paying more for their opps is great. The segmentation that they recently started is a great move forward. It’s what advertisers want and the more advertisers there are the better. A lot of people have spoke out about how they don’t like segmentation, but I like it. You can read more about it on the Payperpost blog. We’ll see what Payperpost does now. As long as they can continue to get advertisers then they’ll be in a great position. If they lose a few bloggers then from a Payperpost perspective I think that’s fine. It is easy to find more bloggers. It is not easy to find more advertisers.

I have recently been looking a little bit at other paid to blog companies. I’ve heard some good things about ReviewMe, but I also heard that they don’t have many blog opportunities. That proves my point. A good system with no advertisers is just a hole. I heard that ReviewMe charges a 100% markup while Payperpost only charges a 35% service charge. That might be the reason that ReviewMe can’t get advertisers. The question then becomes can Payperpost cover their costs at only 35% or will they need to increase that amount to match ReviewMe? Should be interesting to watch blog marketing methods battling it out.

Finally! Batteries May Be Getting Better

Posted on: I Written By

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If you look at technology then you’ll see that processors, ram, hard drive space and pretty much everything else in a computer has continued to progress and innovate at enormous rates. The one part of a computer that really hasn’t kept up is the battery. Batteries in laptops are a pain in the butt. They are never long enough and you could always want it to be longer.

Well, I finally so a news release about a Battery Breakthrough:

A Texas company says it can make a new ultracapacitor power system to replace the electrochemical batteries in everything from cars to laptops.

If this is true, then this is the best thing since sliced bread. I wish I knew someone who came up with this technology. This will make billions.

NFL Draft Coming Up Soon

Posted on: February 17, 2007 I Written By

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It seems like just yesterday that the Super Bowl finished, but people are already talking about the NFL draft. Considering how many games played in the NFL, it is amazing to me how the NFL still gets talked about year round.

Take for example this website that has the 2007 NFL Mock Draft. People are going to be talking for a long time about these picks. Every sports personality out there does something similar. This website is really not worth anything. It’s just one person’s opinions and I don’t think anyone really knows. A team chooses what they want to do on draft day and you never know who will be available. Unless of course you’re the number 1 pick of the draft.

The valuable part of Doc’s mock NFL draft is really in the description of players. I think it’s interesting and fun to know about the various players and why your NFL team would draft that player.

Also, I think Doc’s dead on that Oakland is going to take JaMarcus Russell, QB, LSU at number 1.

Continuity of Operations Plan – Does Anyone Know What That Means?

Posted on: I Written By

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This last week at school one of the ladies in my class was making a comment and she said the phrase, “Continuity of Operations Plan.” The professor, who barely speaks English, just listened and nodded when she said it. Everyone in the class just listened and I think they must think she is so intelligent.

Man alive. Can anyone please tell me what a Continuity of Operations plan is? I’ve never heard that term before in my life. I think she was talking about a disaster recovery plan, but she should use the proper terminology when she’s talking. I hate when people make up phrases that no one else understands. It’s pretty ridiculous.

Oh well, it gave me a good laugh in class and good blogging material.

Strategic Planning Thoughts Website

Posted on: I Written By

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Entrepreneurship and business are two of my latest passions. I’ve recently blogged about venture capitalist extraordinaire Dan Rua. I just really love so many facets of business.

However, the one I think wraps everything else together is strategic planning. Strategic Planning Thoughts is a blog dedicated to the subject of strategic planning. I really like the site because it has some great insights on strategic planning. In one post, Robert Bradford does an analysis of the various types of ways that a business in Ann Arbor obtains customers. Of course word of mouth and Repeat! customers were the highest. However, most of their money was being spent on the least productive customer finding methods, location and advertising. Of course he points out that we should focus more on the other finding methods.

My biggest complaint about the blog post is that he doesn’t really talk about how you generate more word of mouth customers. Sure, it’s a noble idea that you should generate more word of mouth customers, but how do you actually accomplish that goal?

I’ve thought about similar things on one of my websites. We’ve accomplished it by scraping people’s email contact list to gain referrals. Of course we have a refer a friend on the website. These type of tools really help produce what Robert Bradford talks about on his blog.

Here’s a nice tip from his latest post:

Tip Number One – Be Disciplined in Your Strategic Planning

Reminds me of a conversation I had recently about a company being ADHD and changing their direction every other day. I guess that’s the discipline he’s talking about.

Why I wish I was Dan Rua, Venture Capitalist Extraordinaire

Posted on: February 10, 2007 I Written By

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As many of you know I’ve been participating in PayPerPost pretty much since the beginning. It’s been a pretty great experience. I’ve made a stack of cash and met a lot of really interesting people. That hits 2 core components of blogging. At least they are 2 of my core blogging components.

Well, I must admit that I’m a little envious of a venture capitalist named Dan Rua. From what I’ve seen Dan is a true believer in the PayPerPost vision of consumer generated advertising. He believes in PayPerPost so much he helped put together $3 million in financing. Not a bad way to start a business. Dan has been great for PayPerPost and I honestly think that PayPerPost is going to do great things for Dan. I guess that’s what venture capital is meant to do.

My envy of Dan doesn’t really come from his ability to make money investing in PayPerPost. Sure, I’d love to get a piece of PayPerPost too. Once they allow me to post for shares of their company instead of cash I’ll be signing up immediately. However, my jealousy of Dan stems from his access to all the PayPerPost financials. I’d personally love to check out PayPerPost’s financial models.

I know that I’m a bit odd. Who wants to look at financial statements? Well, I do. I’m serious about this. I’m so interested in financial statements, entrepreneurship, and business that I’ve written my own business plan which won the Donald W. Reynolds Nevada Governor’s Cup. I’m currently taking that same plan to USF-PSI International Business Plan Competition in San Francisco and probably the New Venture Championship in Portland. Plus, I’m working on a new plan to enter into the Nevada Governor’s Cup. Dan, are you interested in investing in my idea? I’m talking to a couple angel investors now.

Well, you can check out Dan’s Florida Venture Capital blog to learn more about Dan. It’s an interesting read. I’ll also forgive him for being a Florida Gators fan. I also must mention that Dan’s best blog post so far is his thoughts on the FVCC 2006. I loved his succinct style and ability to narrow the concepts down to its core.

Quality LDS Oriented Content on the Web

Posted on: February 1, 2007 I Written By

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I recently got an email on my main website that is like a city search for Utah County. I wasn’t sure what to think of the email. It was from an organization that wanted to promote quality LDS content on the web. I thought this was a noble purpose since so many people have LDS people all mixed up. However, I wasn’t sure how to respond. I’ve copied the email below to show you what they said.

My name is {Name REMOVED} and Iā€™m a representative for the More
Good Foundation
. Your site is a great resource for people exploring what Utah
has to offer ā€“ we are able to help you provide content for those who may be less
familiar with the Church.

The More Good Foundation is a non-profit organization dedicated to helping
identify, develop, and promote positive LDS-oriented information on the
Internet. (You can read more about the Foundation at
www.moregoodfoundation.org.) I think it would be helpful to the people visiting
your site if you included some articles related to the Church, such as articles
about some of its basic beliefs, or about Joseph Smith or Jesus Christ. These
don\’t have to be huge articles; just some content that explains who Mormons are
and what they believe. I could easily see a series of such unique articles on
your site that would provide helpful information to your visitors.

This is where the More Good Foundation can help out. We can provide articles
like these so that you can post them easily. The articles would already be
keyword optimized for relevant search terms, and they would include links to
related information on your site and at non-commercial external sites. You, of
course, would be under no obligation to post the articles if you felt they would
detract from your site’s focus or if you felt they were somehow not up to a
level of quality you would like to see.

Again, this is free. We do this because we want good quality LDS-oriented
information available on lots of sites around the Internet.

This all really raises the question of whether I should start a crashutah blog. I’ve considered it a few times, but I’m afraid I’d probably just transgress it.