Business Is Like War; Easy To Begin But Hard To Stop
Nov 2 2008

The title of this post was inspired by a fortune cookie fortune.  For those of you who are new readers, I did some posts a while back using fortunes from fortune cookies as blog titles.  I thought this one was particularly appropriate given how challenging entrepreneurship can be and given the state of our economy.  But here’s the interesting part, the fortune cookie actually read: “Love is like war; easy to begin but hard to stop.” 

I felt myself nodding knowingly inside when I read it.  How true it is in relation to both Love and Business.  How relatively easy it can be to start a business or fall in love.  We tell ourselves, it’s just an idea/romantic feeling…let’s see where it goes.  One thing after another happens and if you don’t chicken out (or the playing field of potential significant others or stable jobs doesn’t pull you away), you find yourself: 

Business Love
   
Exploring ideas Dating
Incorporating your business Being in a committed relationship
Raising funds Getting engaged
Hiring people Getting married
Raising more funds Buying a house
Releasing new products Having kids
Hiring more people Hiring domestic help or losing your mind
Taking longer to break even Taking longer to adjust to life with kids
Laying off people Hiring a marriage counselor
Feeling an air of desperation Experiencing a mid-life crisis
Closing up shop or going bankrupt Getting a divorce
Becoming profitable and self sustaining Living happily ever after!

No one goes into business or marriage believing that one day it might ‘stop’ or end.  Yet, 80 to 90% of the time businesses (e.g., technology start-ups, restaurants, retail shops, side businesses) fail or barely break even, and last I heard 50 to 60% of marriages end in divorce and that rate has been increasing over the years.  So much so that venture capitalists are actually funding sites like Divorce360.com and Agreed Divorces.com.  They should also fund a site called ShutDownYourBusiness.com! 

Stopping a business or a marriage is not easy.  You get up every day and say to yourself: “Something will happen to make the business work.  I’ll get funding.  I’ll get that next customer.  I can’t stop now!”  You coast in your marriage thinking “I’ll keep myself busy and things will get better or make more sense.  We’ll  make it work for the sake of the kids.”  Many times it does get better (after the sleep deprivation wears off) but sometimes you end up like Archie Bunker and Edith Bunker or other such couples who can’t stand each other but stay together because they don’t know what else to do.  Or you end up a bitter, washed up individual who finds yourself going through the motions because you have defined yourself as an entrepreneur yet you could never build a sustaining business.  You then end up feeling that life is unfair and you never got your well deserved lucky break. 

I know this post might sound depressing, but these are the odds you are playing with when you start a business or marriage.  Many entrepreneurs will fold up (and have already started to) their businesses due to tough economic times (no funding, no customers, etc.).  They will use the bad economy as a welcome excuse for not making it.  It is, after all, a justifiable/less ego-destroying way to explain to people why your business didn’t make it.  

And by all means, take the opportunity to wrap things up if you can (for your and your family’s sanity) because it is going to be tougher than normal for a while.  However, at the same time, the opportunities (volunteer help, cheaper resources, less competition) for being creative will be abundant. 

The next few years are going to be interesting.  Companies/marriages may fall apart because the changing economy ends up being the straw that breaks the camel’s back.  Or they might outlast the downturn and be stronger on the other side.  Many successful entrepreneurs have emerged from down economies and their success is surely a prerequisite for the economy turning around and thriving! 

I, for one, am glad to be living in this day and age.  In no other time in history (or probably not in any other country) could I have done what I’ve done, tried what I’ve tried, say what I say, write what I write, do what I do, or dream what I dream without being squashed. 

What do you think? Is Business and Love like (the US war in Iraq)? Easy to begin but hard to stop?

Author: | Filed under: entrepreneur, entrepreneurship, fundraising | Tags: , , , , , , , | 8 Comments »

Why Do People Raise Money?
Oct 27 2008

Raising money is a hard thing to do and often harder when you are raising money for a non-profit.  The payback isn’t measured in dollars, in quantifiable ROI (return on investment), or in perks and huge salaries.  It’s measured in change.  It’s measured in the effect your cause has made on your community…on the world.  I have yet to read such an inspiring article/post on the matter of raising funds in a non-profit as the one written by Sasha Dichter, who works at the Acumen Fund, on Seth Godin’s blog called In Defense of Raising Money: a Manifesto for NonProfit CEOs.  Whether you are in a non-profit or a company trying to be profitable, it is a MUST read!  You can feel his passion in his post.

Here are a few excerpts, but please go read his entire post…it is truly inspiring.

“How good is your idea?  How important is your cause?  Important enough that you’ve given up another life to lead this life.  You’ve given up another job, another steady paycheck, another bigger paycheck to do this all day long, every day, for years if not for decades, to make a change in the world and to right a wrong.”

“Breast cancer has an unbelievable level of awareness in the United States, definitely ahead of all other cancers.  Yet breast cancer is actually the 5th leading cause of cancer death in the United States, behind lung, stomach, liver and colon cancer.(2)  So why does it get the most attention and the most funding?”

“So why are you so scared to ask people for money?  …

How about this instead: “You are incredibly good at making money.  I’m incredibly good at making change.  The change I want to make in the world, unfortunately, does not itself generate much money.  But man oh man does it make change.  It’s a hugely important change.  And what I know about making this change is as good and as important as what you know about making money.  So let’s divide and conquer – you keep on making money, I’ll keep on making change. And if you can lend some of your smarts to the change I’m trying to make, well that’s even better.  But most of the time, we both keep on doing what we’re best at, and if we keep on working together the world will be a better place.”

If only we could all feel as passionate about our lives and ideas with this same level of intensity every day, but most of us can’t (maybe even Sasha doesn’t feel this way every day) so we read posts like these and get inspired by someone else’s passion.  What a true gift of charity when people share their wisdom and passion…expecting nothing in return…except for maybe a little change.

Author: | Filed under: charities, entrepreneurship, fundraising | Tags: , , , , | Comments Off on Why Do People Raise Money?

Halloween Costume Craziness
Oct 24 2008

We’re just a week away from Halloween and last weekend we got around to thinking about costumes.  Our son has been telling us for months he wants to be Luke Skywalker but when he walked into a Party City store last Saturday, he decided he wanted to be a Stormtrooper.  I think he might have mentioned it once before and I think I said ‘aren’t those the bad buys?‘ and he said ‘Mom, there are good stormtroopers and bad ones and the one I want to be is a good one.‘  I said ‘Really? Well I guess that’s OK then.’ 

So it was chaos at Party City and they were out of his costume.  Our daughter decided she wants to be a princess.  Where she gets that I don’t know because I’m pretty far from the princess type (or shall I say dress-up-like-a-princess type 🙂 ).  I was a tomboy.  I never had any interest in Barbie Dolls growing up so I’m guessing she’s probably going to go all sugar and spice and everything nice on me!  They had a costume she liked, but the bag was broken and I asked the gal who worked there if it had everything and she said it did…well of course it didn’t.  It was missing the tiara.  She gave me another one which had a tiara but it was taped (yes scotch taped!) together because it was broken.  I was annoyed they would actually try to sell that to some unsuspecting soul, and we left. 

We came home and did a search on Amazon but couldn’t find what we liked at the price we thought reasonable.  So much to the dismay of our kids, we had to put off the costume finding one more day.  They did have some cute stuff on Amazon and if you are still looking, you can shop for costumes (linked to Amazon) or Halloween music (linked to Amazon).  If you use those links to buy something, a few cents (literally) will go into my Amazon account and some time in the next decade there will be enough in there for them to actually pay me for promoting their Halloween stuff for them! 

So my husband took our son to another Party City while I stayed home with our daughter who decided to throw up a few times after going to Maker Faire last Sunday, and they found a Star Wars Clone Trooper costume he liked and a different princess costume for our daughter.  She liked the costume.  So all was well in the household for at least a few hours and she didn’t throw up again. 

The End!

Author: | Filed under: holiday, Just For Fun | Tags: , , , | Comments Off on Halloween Costume Craziness

What They Don’t Tell You About SEO – Part 4
Oct 22 2008

And now for a long overdue post on search engine optimization.  The business reason for waiting this long was that I wanted a quarter to pass after I officially ended my search campaign (i.e., June 30, 2008) with the firm I had been using before analyzing the results.  The personal reason is that well, um, given my various activities, I didn’t have the time to do it until now. 

To get more background on my SEO experiences, check out my posts: What They Don’t Tell You About SEO Part 1, Part 2, and Part 3

Although I signed up for an annual contract, about 4 months in it became apparent to me that it wasn’t working for a variety of reasons.  I think it was obvious to them also because 6 ½ months into it, we were very far away from achieving their guaranteed results of making more than we spent monthly on search services by the end of the contract.  Something miraculous would have to occur.  Was it anyone’s fault?  Yes and no.  

There were things I should have researched and understood better before engaging a SEO firm.  I made the decision hoping it could be part of a ‘silver bullet‘ solution to raise our trial and conversion numbers and as we all know, the silver bullet doesn’t usually hit where you want it to.  I also think that the firm could have advised me better upfront on things like website conversion, dropped the ball a couple of times, and could have proactively paid more attention to the direction things were going.  When I last checked their site, it looks like they have changed their focus more to SEM (search engine marketing) than just SEO.  

Although it does hurt to have spent the money (especially considering the economy today), several of my peers have spent tens of thousands more dollars than I did with similar results.  So I feel a little less dumb when I look at my company’s P&L statement.  In fact I know several web company CEOs in town who have suspended their SEO/SEM campaigns to focus on other ways to bring more qualified/convertible traffic to their sites after not seeing expected results.  

Overall, I learned a lot and when the time is right, I may consider re-engaging with SEO again.  I have no hard feelings against any of the people I worked with at the firm.  They are all nice people, and since I don’t want to focus on feeling let down, I have chosen to think about it as educating myself and helping someone somewhere feed their kid or pay their rent.  Such is life! 

The biggest lesson I learned was: SEO is not a good choice when you are creating a market!  It’s hard to predict what people will search for when looking for your product in a market that is not well defined.  It’s hard to even know how many or if they are looking for your product!  I’ve mentioned before the example of a baby blanket.  When you are looking for a ‘baby blanket’ or a ‘red soccer ball‘ you know what you are looking for.  When you are looking for a way to get your baby to sleep better at night or understand his feeding patterns, you may not even know you are looking for a web and mobile based tool to help you track his activities.  So even if you land on the Babble Soft site, you don’t have a frame of reference to compare it to. 

So I chose to end the contract rather than spending thousands of more dollars for another 5 ½ months with all signs pointing to the fact we weren’t going to achieve the hoped for results.   I could have continued but I didn’t want to have to deal with a situation where none of us wanted to be in thereby making all of our lives more stressful.  I’ll never know if I did the right thing but given the economy, I’m sure glad I’m not having that big cash outflow each month when I’m not seeing the equivalent or greater cash inflow.   Maybe I let them out easy, but I think the money is better spent paying our mortgage instead!  Here are the highlights: 

Facts for SEO Analysis on Babble Soft

  • Search engine traffic went from 14% just before the beginning of the campaign in December 2007 to 36% in September 2008 with a peak of 58% in July after ending the campaign.
  • Referring site traffic went from 42% to 46% with a peak of 51% in August 2008 due to a fabulous article on BabyCenter called The basics of baby schedules: Why, when, and how to start a routine.  This article resulted in a record amount of trial signups and still sends qualified traffic to the site and I didn’t spend any money for that lucrative mention!
  • Direct traffic went from 43% in December 2007 to 17% in September 2008 which is good because the number of people who know to directly type www.babblesoft.com or another URL link on our site is few in the world.
  • Trial sign-ups went up 200% from November 2007 to June 2008.  They increased 500% from November 2007 to September 2008 because of the BabyCenter mention.  However, since we just launched the web and mobile applications in 2007, the base amount wasn’t that high to begin with.
  • Conversions went up some as well but that again was because the base to grow from wasn’t that high.  They didn’t go up near the amount we all hoped for to cover our SEO costs.  That’s why percentages are great to quote but they don’t mean you are breaking even yet. 🙁

Key Learnings from my SEO experience: 

  • SEO is not a great place to spend your money when you are creating/making a market.  There are just too many unknowns.
  • Focus on getting mentions in places where your target audience visits (e.g., BabyCenter).  This is hard to do without PR help but sometimes you can get lucky.  People have spent tens of thousands of dollars on public relations firms as well and still not achieved the ‘perfect’ story placements.  Since I don’t have a big marketing budget, I am taking things into my own PR hands and hoping I’ll get a big mention from the free Help A Reporter Out (HARO) PR leads I now get.
  • If you have the budget, experiment with keywords using Search Engine Marketing (e.g., Google Adwords) until you see what keywords work to get qualified traffic to your site, and then revisit SEO.  However, if you are creating a market this could prove to be an expensive endeavor because you might have to do A LOT of guessing!
  • Spend a significant amount of time making the appropriate conversion changes on your site.  In other words, make sure your site gets people to sign up and part with their money!  Make sure your SEO firm not only understands the importance of conversion but can also identify the changes and make them up front.  There are people who know how to make your website flow and your text copy sing a siren song.  You need to find someone who gets your market and if you are creating a market, you might be the expert and have to wing it yourself.  

I think that the SEO/SEM firms are going to face hard times with the changing economy as many businesses will.  If you have the time and money to do it right and you’re selling something like ‘red soccer shoes’ or ‘Halloween costumes’ then SEO might make sense for you.  If not, it’s probably best to turn over another low-cost marketing rock while you create and define your new market.

Sign up for free email updates to read about my continuing saga of building a web business after hours (soon to be a SXSW 2008 Interactive panel)! And please Stumble, Email, or Digg this post so others can learn from my SEO experience.

Author: | Filed under: entrepreneurship | Tags: , , , , , , | 9 Comments »

Give A Man A Fish, He Eats For A Day…
Oct 15 2008

Teach her how to fish, she eats for a lifetime.  This year’s Blog Action Day theme is about poverty.  When I last checked the site over 10,000 bloggers had signed up to participate reaching over 11 million readers worldwide.  Last year’s theme was on the environment and I wrote Rock. Paper. Scissors. How Do We All Win? on the topic of the environment and cutting down on paper usage. 

How does one break the cycle of poverty? As an entrepreneur, I’m a strong supporter of those who try to make a difference by creating products and solutions that help their local, national, or global community.  All ideas are not created equal, but the people behind them are the ones who can cultivate them into something life changing or learn from their failures, pick themselves up and help others on their paths to create something great. 

Whether entrepreneurial drive is innate or learned one may never know, but we do know that it can be cultivated and nurtured by the right people, resources, and support.  It can also be squashed and abused by people who feel threatened by the passion behind the ideas. 

I have heard several of my favorite bloggers mentioned Kiva.org in the past and I thought it was a really neat concept. So for this year’s Blog Action Day, I’ve decided to donate $100 to a Kiva project.  However, it looks like I’ll have to wait because all of their projects are currently funded! 

Kiva is a site that enables people to give/lend money to entrepreneurs in third world countries who are trying to make a difference in their poverty stricken communities.  You can contribute money towards a small loan for an entrepreneur to help him/her get started or purchase some supplies.  It’s called micro-lending. 

Giving someone the means to try something entrepreneurial to build up their self esteem and add value to their community, is priceless.   Giving them the opportunity to learn about entrepreneurship first hand from the school of hard knocks is contributing to their life education.  

So take a look around you and be grateful for what you have despite the challenging economic times ahead for all of us.  If you are reading this blog post, chances are that you are not sitting in a hut somewhere without electricity wondering where your next meal might come from. 

Encouraging ideas, creativity, and entrepreneurship is the way we will see ourselves through this downturn.  Investing in good people with the entrepreneurial spirit is a fabulous thing to do.  Check out Kiva.org and when an entrepreneur and her project surface that you find interesting, consider lending her a few bucks to help her make a difference!

Author: | Filed under: blogging, charities, diversity, entrepreneur, entrepreneurship | Tags: , , , , , , , , | 10 Comments »

How Often Can You Drop The Ball?
Oct 13 2008

Business is tough and it’s only going to get tougher the next several months and probably years with the economic meltdown happening as I type.  Things have been good (actually great) in the United States and it seems that many people (Democrats and Republicans alike – each in their own different ways) started to expect things to be taken care of for them and began to forget that although luck plays a part in finding financial success, that working hard, getting an education, paying attention, making good decisions, not buying what you want but don’t need, not eating unhealthy foods, etc. play a much bigger role. 

Members of both political parties took it for granted that the government would take care of them.  Not just those on welfare!  Some just thought the good times would roll on forever and signed up to risky home loans and bought things on their credit cards they couldn’t afford.  

Some decided because they were told (i.e., marketed to) they should own a home as part of living the “American dream,” they should buy a home not worrying about whether times would change and if they could afford it over the long term.  And it’s not just high school drop outs who made these decisions, it’s also college educated people, because the American culture of ‘borrow, borrow, borrow and don’t worry about tomorrow‘ has prevailed. 

So who dropped the ball?  The American consumer? The government? The banks? Parents? Educational Institutions?  In my opinion, everyone did.  The ball has been repeatedly dropped and instead of being ‘kicked off the team‘ like they would be on any professional sports team or any successful business, they were allowed to continue to drop the ball.  And now because the ball was dropped too often, here we are in the US facing one of the worst economic challenges in our history. 

My guess is that in the years to come those who repeatedly apologize for dropping the ball, for making mistakes, or not following through (e.g. Ben Bernanke, Chairman of the Federal Reserve who I couldn’t believe said something like ‘I don’t know, I haven’t had a good track record when it comes to make decisions about the country’s financial position‘ when asked about the $700 billion bailout package. — Yes, I saw him say that on live TV!) will hopefully be weeded out.  We can only hope they get weeded out without receiving big financial packages rewarding them for their incompetence. 

The US system is broken in many ways but in many ways works better than anywhere in the world!  It rewards incompetence but it also rewards talent.  It rewards people who work hard but it also rewards people who happen to be at the right place at the right time without the right skills and then doesn’t get rid of them when they don’t perform. 

So pay attention. Don’t let that ball drop.  If it happens to drop, pick it up quickly and pass it to the next person on your team (and hope he or she doesn’t drop it too often) because our country and our world needs everyone’s help!

Author: | Filed under: entrepreneurship, politics, random stuff | Tags: , , , , | 4 Comments »

Making Things Convenient
Oct 11 2008

How important is it to make things convenient for your customer, your friend, your boss, your co-worker, your employees, your spouse, your family?  Do people even think about that?  Do people wake up every day and think to themselves, “How can I make life easier for someone else?” I know that I don’t wake up every day thinking that, but I have seen the positive results when I accidentally or on purpose try to make others lives just a bit easier and fight some of their battles for them so that they don’t have to. 

Sometimes people notice and other times people do not.  Sometimes they say ‘thank you‘ and sometimes they say nothing leaving you wondering if they noticed or not.  I’m probably guilty of not noticing what people might be doing for me because sometimes I get too caught up in moving from one thing to the next to appreciate the little things.  The busier we get sometimes the harder it is to notice except for when your expectations are exceeded. 

I recently had my expectations exceeded (nay blown away) and by a government entity no less.  It almost made up for my traffic court tribulations!  I recently received the annual mailing about renewing my car registration.  I’m already grateful that I can pay $1.00 extra to do this by mail.  This time I saw that there was a notice on the renewal form that said something like “You need to order new plates.”  It was in all capital letters but no where on the notice could I find instructions on how and when I needed to get them. 

First, I wondered why the heck I needed new plates even though my current ones were 7 years old.  I guess I haven’t owned a car for 7 years before and it didn’t (and still doesn’t) make sense why I needed to replace perfectly good plates.  I groaned inside thinking that now I’ll have to figure out how to get new plates.  I decided not to think about it and mailed in my check.  I figured I’d deal with the bureaucratic mess of calling and/or going to multiple government/city offices to get these new plates sometime in the not so distant future. 

To my absolute amazement and utter surprise, I received in the mail from the County Tax Collector – Travis County, Nelda Wells Spears, two new plates!  I almost fell over with excitement because I was now relieved of having to figure out how to get them.  I could literally feel a small weight being lifted off my mind.  I can only hope that whoever wins the next US presidential election, they wake up every day thinking about out how they can make all of our lives just a little bit easier!

As a busy, working-mom, when someone makes my life easier I am ever so grateful.  I don’t know how to personally thank the Tax Collector’s office so I’ll thank them with this blog post.  Maybe Nelda has a Google Alert set-up for her name, and she’ll see this post. 🙂

So if you have nothing better to do or even if you do, go try to make someone else’s life just a little more convenient…even if they don’t say anything, I bet they smile a little inside.

Author: | Filed under: FYI, random stuff, working mom, working mother | Tags: , , , , , | 6 Comments »

My 2009 SXSW Interactive Panel Idea Was Selected!
Oct 2 2008

Woo Hoo! I submitted a panel idea for the 2009 SXSW Interactive extravaganza a couple of months ago and I was just informed that it was selected!  It will be called Building A Web Business After Hours.  Although I have several panelists lined up, we have been asked not to finalize the panel yet — probably to make it oh so hugely compelling for all of you to attend!

One of the cool things about being selected is that I get a free Gold Badge pass to attend SXSW interactive and so do the panelists!  I probably won’t have much time to party late into the evening unless my husband doesn’t mind watching the kids for 5 days/nights in a row. 🙂

Thank you to all of you who voted for the panel idea during the open voting period.  It wouldn’t have been selected without your support!

Author: | Filed under: conferences, entrepreneur, entrepreneurship | Tags: , , , | 9 Comments »

Seth Godin and Squidoo Raising $80,000 for Charity
Oct 1 2008

I saw on Seth Godin’s blog today that he and Squidoo, the company he founded, are raising money for charity and giving away $80,000.  All you have to do is vote by visiting the post I just linked to for the charity you like on their list.  Each vote counts for $2 and they will take up to 40,000 votes (yes, fairly simple math).  Go check it out and use that voting finger and contribute $2 wisely!  Voting will be open until October 14, 2008 and they appear to be almost half way there…

Author: | Filed under: charities, FYI | Tags: , , | 3 Comments »

Self Starter – Kirby Allison of The Hanger Project
Sep 27 2008

I co-write articles for university alumni magazines with my fabulous writing partner Pam Losefsky.  You can also see more of our write-ups on the article page of this blog.  The last article that we did for the Self Starter series for The University of Texas at Austin’s alumni magazine, The Alcalde, is on Kirby Allison (gif).  Kirby is a recent graduate and the founder of The Hanger Project.  He built the business nights and weekends in school and even after graduating while he held a day job!

Sadly, interviewing these interesting entrepreneurs and writing about them with Pam was one of the things I had to remove from my very full plate of things to do.  Both Pam and I took on other commitments ranging from my day job and her additional writing work, that we decided we couldn’t continue to do it and do it well.   We’ve been doing articles for The Alcalde for over 3 years now and we really enjoyed working with each other and the editor, Avrel Seale.  Life is full of hard decisions and this was one of them.  Who knows, we might write for them again when it works for all of our schedules…

I’ll do full posts on past articles we’ve written that I haven’t done one for yet…so keep an eye out for those.  An image of Kirby’s article is below and an interesting highlight from his article follows.  

Last fall a confluence of opportunities – a complimentary product review in the Wall Street Journal and a major order from a luxury men’s store in Guatemala – propelled the popularity of Allison’s hangers.  He found himself scrambling to air-freight new inventory to meet the Christmas demand.  His little side project had become The Hanger Project, a recognized leader in premium hangers.”

 

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Lovely Links Liven Up Living Rooms
Sep 24 2008

Well, they might not liven up your living room but I didn’t want to write the overused term “Link Love” in the title of this post.  I’ve been meaning to share some links to interesting posts I have read/perused recently and here they are:

Best Mommy Blogs for Parents – Vanessa Van Petten writes a couple of blogs targeted at teens and tweens and she felt my blog was a good one for teenagers.  I’m still far from the teenage years with my kids, but I’m flattered to know my topics are appropriate for teenagers to read!

Massive R2-D2 Cake – Featured on Parents Magazine’s blog called goodyblog.  Wow, what a cake! I tried to get a PokeMon cake for our son’s recent birthday and couldn’t find one.  We had to settle for Speed Racer.

Boutique Up – A site I recently discovered that sends out queries from people looking for products to represent in boutique shops!  Kind of like HARO but for boutiques.

What will Barack Obama do for small businesses and entrepreneurs as president and What Will John McCain do for small businesses and entrepreneurs as president – Wendy at Sparkplugging went out a limb to discuss politics on her blog but did so by focusing on what the issues were for small business owners…specifically ones who work from their home and/or have less than 5 employees.  Both articles are interesting reads.  The one on Obama had many more comments than the one on McCain…go figure!

Carnival of Healing – Many links to many posts about healing, self empowerment and spirituality.  This one was hosted by my online friend Pearl.

Leave Wall Street, Join A Startup – by Fred Wilson, a New York VC.  Good advice since there will be many leaving Wall Street…

Happy Birthday to the reason IttyBiz exists – by Naomi at IttyBiz.  I’ve followed Naomi’s blog off and on since she started it.  She has got some freaking amazing writing talent!  Not everyone can write such humorous, harsh, and informative blog posts.  Can’t wait until she figures out how to weave in a romance novel into her writing style.  I even tried to hire her a couple of times but my emails got lost in her waterfall of emails so I chalked it up to fate and bad timing.  This post will make you laugh and cry at the same time!

Author: | Filed under: blogging | Tags: , , , , , , , , , , , , | 3 Comments »

Those Who Seek Will Find
Sep 21 2008

Photo by Sandy Blanchard

Yes, the title of this post is another fortune from a fortune cookie I got a few weeks back at PF Changs, and I’ve found it true in many respects in my life and career.  [As an aside, I started this post while listening to Chiquitita by ABBA and after a glass of red wine!  I’m usually not able to write or think while music is on because I’m easily distracted so take that into consideration as you read.]

The title of this post is also in a well known Christian Bible verse in the book of Luke Chapter 11 verse 9 (“And I say to you, ask and it shall be given to you: seek, and you shall find; knock and it shall be opened to you.“). I believe when you set your intention on something, if it’s with pure intentions, and if it’s meant to be something will happen.  It may not be what you envision but something happens.  I guess it’s sort of a cross between the belief that many people hold like Edward Mills, who writes about the Law of Attraction, and taking destiny in your hands.  You seek but you also pay attention to what people are saying and doing. 

I’ve had people tell me I’m lucky to a) start a company before, b) to get the education I’ve gotten, c) to find the amazing childcare for our kids, for d) having the friends I have, d) to have the things we do, e) etc., etc., etc.  What most people haven’t seen is the hard, dark times in between that I’ve been through.  I’d venture to say that most people who the world perceives as doing something beyond “normal” have struggled through many things. 

I’ve always felt there is a healthy portion of luck involved but also a good portion of seeking, asking questions, and listening involved.   Finding good childcare (gosh we are so lucky with the people we had take care of our kids part time and full time when they were little and where they go to school and pres-school now — knock on wood!) didn’t just happen because I sat on my couch all day.  Finding good jobs or opportunities didn’t happen because I was watching TV or drowning my sorrows (which is tempting!).  Plus, I think I like to see the good in people and expect great things from them so when I do get disappointed, it is pretty deep. 

So just over a month ago, I finally let the realization that I could not continue with Babble Soft with a day job and no funding, and I needed to do something different hit me.  There are many options out there including a) moving on to something else, b) finding a business partner, c) finding a large baby-related company to take the risk early on and buy us.  Given the economy and the hard realization that we are in fact creating a market with Babble Soft, option c) is unlikely.  And I’m not ready to just give up.  So now I’m seeking a business partner (so I’m not just a lone pumpkin by a tree).  Hopefully, the right person will happen across my path…maybe she or he already has! 

I’m wrapping up this post listening to 70s music…for some reason I enjoy listening to 70s music.  I also enjoy 80s music but there is just a deepness to 70s music that resonates with me sometimes.  The song currently on is Piano Man written by Billy Joel.  I was fortunate enough to hear Billy Joel in Concert when I lived in Dallas several years ago and I remember thinking to myself “What a feeling it must be to hear hundreds, nay thousands, of people singing along word for word to a song you’ve written.”  It must be so energizing yet so surreal at the same time.  I wonder if I’ll ever experience that kind of feeling…

Author: | Filed under: babble soft, entrepreneurship | Tags: , , , , , , | 6 Comments »

When Does Your Day Job Become Your Job?
Sep 16 2008

A friend of mine, Robb Lanum, recently sent me a link to an article on The Onion called Day Job Officially Becomes Job.  For those of you who haven’t heard of The Onion, it’s a hilarious publication that makes fun of everything and everyone.  Most of the articles I’ve read from them make me laugh or say repeatedly “eww, that’s gross!”  Take for instance a recent, funny article called Woman Always Really Excited To Be In Whatever Relationship Status She’s Currently In

Robb did an impromptu guest post on my blog a while back about the writer’s strike.   He blogs at The Robblog and has been trying for years (probably over a decade) to make it big in the California screen writing scene.  He’s made progress and slowly but surely moves his writing career forward or at least makes it more visible by blogging about his experiences.  

Robb sent me the link to the article on The Onion because he himself took a day job over four years ago, and he knows the plusses and minuses of having a day job and trying to build your business, your brand, your writing career, etc.  He knew I could relate.  I’ve been at my day job for not yet 3 ½ months (seems longer) and so far overall it has been a good decision for a variety of reasons, one of which being my husband struck it out on his own to consult and someone had to have the stable job with benefits in the family. 🙂  

But this day job article by the Onion is not funny.  It was written back in February 2004 and begins with “Another human dream was crushed by the uncompromising forces of reality Monday, when the restaurant day job of 29-year-old former aspiring cartoonist Mark Seversen officially became his actual job.”  

It then goes on to say “When I was younger, my attitude was ‘Never give in,'” Seversen said. “Nowadays, my attitude is ‘Get real, dumbass.’ If I have any advice for all the young aspiring painters, novelists, and rock musicians out there, it’s probably that they should quit following their dreams before they rack up a lot of credit-card debt. The sooner you accept your real job, the sooner you can start to build up seniority and get on board with the pension plan.” 

I expected to be laughing at the end of the article, but found myself frowning instead.  Then I thought, “Phew, I’m sure glad being an entrepreneur trying to build a web business after hours is not like trying to be a writer, painter, rock musician, or actor on the side! And working for The University of Texas at Austin isn’t like working in a restaurant.”  

Or is it?

Author: | Filed under: entrepreneur, entrepreneurship, random stuff | Tags: , , , , | 4 Comments »

Household CFOs – Take Charge of Family Finances
Sep 14 2008

All of us managing households during these challenging economic times, should read Mechel Glass’ guest post below.  Mechel is Household CFO’s Director of Education. 

On top of the other things I do, I manage the finances in our household, and I can appreciate the time and thought it takes to make sure your finances are in order.   It’s even more important when you have a family and kids to plan for.  I can’t say that I’m an expert at it and I’m sure I could do better if I had more time sit down with my husband to think about it, but we do the best we can.  Thankfully, I had a mother, who like Mechele, taught me the value of saving, budgeting, and not overspending when I was young.  I also had the inner drive to work hard, be independent, and support myself.  So it wasn’t so hard to live within my means as I got older.  Thanks Mom!

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My daughter, Sarah Amirah, has had a piggy bank since the day she was born. Of course, it took a few years before she was aware that it was filling up with coins and bills. But now that she’s four, she’s on her second piggy bank and is somewhat aware that she is accumulating some serious coinage with the change I let her have from trips to the grocery store. 

Her first piggy bank is one of those old-fashioned ceramic ones that you can’t sneak into. I think the only way to get at the cash is to smash it. Smash the pretty gift from her grandmother to get the cash? That won’t be an easy decision! 

Although it may seem like I started financial education very early with Sarah, I think there is no reason to postpone teaching children little lessons about saving. Truth is, many adults these days are putting themselves at risk because they never developed savings habits. 

Through my position at Consumer Credit Counseling Service (CCCS) of Greater Atlanta, I talk to people everyday who are so overwhelmed with handling day-to-day finances like paying bills and managing bank accounts and credit cards that they can’t make plans for unexpected emergencies or long-term needs. Adding even more stress is the increased cost of groceries and gas, which has led many of these families to the verge of financial crisis. 

The reality is two in three “Household CFOs” – those primarily responsible for the household finances – do not have an emergency savings account, putting them at financial risk in the event of a crisis. Our recent national survey also found that nearly one in three households has not prepared a will, purchased insurance of any kind or made other preparations for a significant life-changing event. Yet, almost half of those surveyed have already experienced some sort of financial setback within their household in the past year.

In response to our survey findings and the current economic conditions, we are launching a national financial awareness campaign, “Household CFO” and enhancing our CredAbilityU online education program to offer free on-demand courses, interactive webinars and financial management tools. Through this program, we hope to provide tangible solutions that real Household CFOs can use in today’s economically challenging times. 

At CredAbilityU.org, online classes are available 24 hours a day, 7 days a week, on a variety of topics – from homeownership to money management to dealing with bankruptcy. Live webinars on special topics are also scheduled throughout each month. You can also sign up to receive the Household CFO Report, our free newsletter, which offers monthly tips and advice on how to take control of family finances. 

But don’t stop at CredAbilityU.org; there are a host of free resources available that offer practical information and helpful tools, including:

  • Ÿ Consumer advocate Ilyce Glink’s site, www.ThinkGlink.com
  • Ÿ Credit score-reporting site, www.MyFico.com
  • Ÿ Free credit report site, www.AnnualCreditReport.com 

And, don’t get discouraged – it’s easy to get overwhelmed, but there is help out there and it won’t take long before you feel more capable and confident in your role as the chief financial officer of your household.

Author: | Filed under: FYI, guest post, parenting | Tags: , , , , , | 1 Comment »

Hurricanes and HARO
Sep 11 2008

Photo by Sandy Blanchard

There’s a little hurricane heading our way here in Texas called Ike.  Many places along the coast have been issued mandatory evacuation notices, including Houston, one of the largest and sadly also one of the fattest cities in the country.  Houston has also still been working on integrating all the permanent victims of hurricane Katrina (2005) that evacuated to their city since then. 

The schools here in Austin are closing early tomorrow, airports are in a muddle, and far more importantly for all of you college football fans out there, they have actually rescheduled the UT Austin vs. Arkansas football game that was going to be held this Saturday!  Of all the things that have been happening, I think rescheduling a college football game in a college town that’s not directly in the landing path of the hurricane speaks volumes about the fears and concerns of the people around here as well as the anticipated amounts of rain.

So shifting to HARO (Help A Reporter Out) and it’s relation to hurricanes, it might be a stretch but Peter Shankman (the founder) seemed to bring it out from nowhere a few months ago and now he has tons and tons of subscribers — both reporters and sources.  He’s managed to make ProfNet/PR Newswire nervous because he’s giving all his leads out for free and us resource and money constrained entrepreneurs are loving it.  He even got on the radar screen of Seth Godin who mentioned Peter and linked to HARO on a recent Getting reporters to call you post.

I can quickly scan the queries and make a decision as to whether to try to pitch based on my company and my personal background.  Because of HARO, I don’t have to pay tons of money to get access to these great queries from reputable sources.  I have had couple of people interested in learning more about Babble Soft (mostly bloggers) and am crossing my fingers that I’ll soon have the opportunity to share with national/international reporters my ideas on how the world of parenting is changing and how technology can support that transition!  I guess I’m hoping that by using HARO I can eventually create a hurricane of activity around my company. :mrgreen:

So may you all be safe and avoid the disastrous effects of Hurricane Ike but also take advantage of HARO (tell your friends). I, for one, am glad the last two big hurricane’s have male names instead of female ones like Katrina.  I was getting a bit tired of all the jokes/innuendos surrounding the big hurricanes being referred to as feminine and destructive.

Author: | Filed under: babble soft, FYI | Tags: , , , , , | 3 Comments »