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History Repeats Itself – The Looming Internet Bubble Version 2 and Thinking of the Old Days
Wow, as I sit here tonight thinking about the bubble of 1999; I can’t but help to see similar signs of that time now in 2011. Linked In, Facebook, Pandora, and more are all heading towards public offerings. The valuations are again in the stratosphere, like in 1998 and 1999.
Are we doomed to repeat the past? Thinking back to that time, I’m realizing quite a few of my successes and my failures. What I did well, I did really well, what I did bad I did really well, to paraphrase Mae West.
So what have I learned:
- That we all need heros and mentors
- That it’s OK to fail, it’s how you handle it that matters more
- That walking away and taking a timed break will do your heart and passion good
- That you should celebrate your success when it happens and learn from what worked and what really didn’t
- That we need to build relationships, projects won’t sustain your business, relationships will
So here I go, I’m back to trying to learn from Bill Gross of Idea Lab again. Over 14 years ago he was my hero, on the cover of Inc. Magazine and launching a Start-Up Factory. He was my role model on what was possible in business. His start-up Idea Lab was the inspiration for the name of my second software development start-up Idea Avenue, Inc.
After recently connecting with someone that worked closely with him around that time, I find myself following him again. This time it’s his blog at www.billgross.com. I urge you to read it and learn about the man and his principals, then go to his business at UberMedia to learn what they are doing to help change the world, 140 characters at a time.
Here’s to sharing a great resource whom offers sage advice on everything from business to saving our planet.
Europeana
Great interactive museum online with works of art from throughout Europe
Peek – About Peek
Check out Peek – a great simple device to get your email anywhere.
Peek was born on a walk in the park when Amol Sarva and his wife, Ursula, were expecting their first child. At six months pregnant, Ursula couldn’t sit still and found comfort in taking long walks. But planning for a new arrival and a busy life besides, Amol saw that Ursula would return feeling behind. Emails were piling up. She had inbox anxiety.
A seasoned wireless industry entrepreneur, Amol had long been using smartphones for mobile email. With smartphone in hand, their long walks were actually a great way for him to stay on top of things at the office. Amol tried to get Ursula to use one, describing the many features: email, texting, voice calling, Internet, etc. But the bells and whistles are exactly what turned her off. She didn’t want a complicated smartphone with extras she didn’t need.
What she really wanted was a simple, nifty device that would let her do email on the go since email was how everyone she knew made plans, caught up, and shared news.
Amol thought a simple, fun, and attractive mobile email device had to exist. He asked his contacts at the cell phone companies, but they were dismissive. Nobody wants “simple”, they want “more”, they said. But Amol saw an opportunity, which he discussed with a few colleagues from earlier ventures. They explored the idea in the “real world”, closely observing real people using email at their desks and on the go.
Amol’s hunch was right; people really want a device that simply does email.
via Peek – About Peek.
mistakes continued – see everybody does it

Charles de Gaulle – “The better I get to know men, the more I find myself loving dogs.”
College for $99 a Month by Kevin Carey | Washington Monthly
Crucially for Solvig—who needed to get back into the workforce as soon as possible—StraighterLine let students move through courses as quickly or slowly as they chose. Once a course was finished, Solvig could move on to the next one, without paying more. In less than two months, she had finished four complete courses, for less than $200 total. The same courses would have cost her over $2,700 at Northeastern Illinois, $4,200 at Kaplan University, $6,300 at the University of Phoenix, and roughly the gross domestic product of a small Central American nation at an elite private university. They also would have taken two or three times as long to complete.
College for $99 a Month
The next generation of online education could be great for students—and catastrophic for universities.
Times are changing.
Resources from Social Media Today
Resources from SocialMedia Today
If you’re a local business owner, be sure to check out Pat Kitano’s excellent Slideshare presentation “The Local Business Owner’s Guide to Twitter“, where he shares excellent examples for a range of local business owners like massage therapists, attorneys, and restaurants.
See blog for other details