Thursday, February 28, 2013

Warren Buffett

In early 2010, I traveled to Omaha, Nebraska with some of my MBA classmates from the University of Iowa to Berkshire Hathaway headquarters for a Q&A session with Warren Buffett. After the Q&A, we went to Piccolo Pete's for lunch and I got to sit at the same table as Warren Buffett and ask him a few questions. I have plenty of pictures from the event but completely forgot that I had some video footage until this week. What a find!

I mentioned the experience briefly in my Name Dropping video which you can find here if you haven't seen it yet :


Thursday, February 21, 2013

MLM Sales at Work

Every office has a guy or gal who makes you feel sub-human if you won't buy the latest Amway products from them or contribute to their son or daughter's school fundraiser. This video is dedicated to them and I encourage you to forward this video on to anyone who needs it. I have to admit, I did ask my coworkers last year if they wanted to buy some candles for my daughter's dance team but my approach was tactful and I made it easy for them to say "no" while still preserving the friendship.

Watch the video here :




I have been approached to join a few multi-level marketing businesses before and the sales pitch always has a desperate tone. They won't take "no" for an answer and it's hard to stay friends if you've rejected someone who's trying to recruit you or sell to you. That's why they call it N.F.L. marketing (No Friends Left). It's sad that I have to avoid certain people at work or in the hallway at church because I don't want a sales pitch from a friend.


As much as I love to see my loved ones filled with the false hope that get rich quick MLM schemes bring into their eyes, it's really awkward to have to turn them down over and over again. My thought is usually, "if the last thing you were into was supposed to be your key to success, then why are you still broke and trying to sell me stuff I don't need with this new company?"

Here's a non-exhaustive list of stuff that friends have tried to guilt me into buying :
Prepaid Legal
Magnet bracelets that improve your circulation
Tupperware®
Magic berry juice that heals all ailments
Amway®
Ameriprise Financial Advising (from someone who couldn't balance a checkbook)
Money Giving Club (this one is hilarious...I'll blog about this one in a later post)


WATCH MY OTHER VIDEOS HERE

Saturday, February 16, 2013

What's in a (business) name?

We celebrated my daughter’s 6th birthday today at the Old Spaghetti
Factory and after ordering my usual penne delight, I wondered how they
ever came up with such a bad name for a restaurant. When I think of
eating, I don’t ever picture myself in a factory. In fact, the word
factory usually conjures up some image of a dark and damp room filled
with underpaid workers and bad ventilation. That’s exactly the kind of
place I want to take my daughter to for her birthday but it is HER
birthday so we go where she wants I guess. I was just grateful she
didn’t choose Chuck E. Cheese’s which by the way, is also a bad name
for a business. The Old Spaghetti Factory does have decent food so at
least their bad news is limited to the name only; I wish I could say
the same for Chuck E. Cheese’s.


It's hard to erase a negative first impression so why do companies stick with bad business names? The restaurant buffet business model starts in an uphill battle from the outset, then when you slap a ridiculous name on the door like "Chuck-A-Rama", I don't know how enough customers look past the ugly name to keep them in business. Chuck-A-Rama; by the way, has been in business for over 47 years. What other business names (whether food related or not) do you find ridiculous? I'm researching bad business names for a future video. Leave a comment on this blog or on my YouTube channel or on Twitter to contribute to the theme of bad business names.

WATCH MY VIDEOS on my YouTube Channel at :
http://www.youtube.com/user/TheNecktieNinja/

Twitter:
@NecktieNinja

Friday, February 15, 2013

I already have an iPad (or other tablet); why should I buy an E-reader?

In college I had a lot of PDF's to read and the biggest problem with PDF’s is I had to read them on a computer....a computer that could play movies, surf the internet, play games, send & receive emails, edit videos, read news, play music and check up on my social network. I never got anything done in college because my PC did everything I wasn't supposed to be doing during homework time. The days I didn't bring my computer to school were some of my most productive days. Feel free to disagree with me if you are a multitasker extraordinaire but I know that for me and most people, we would never read more than 5 pages of a book on an iPad or a Kindle Fire without going to YouTube to watch Gangnam Style for the 199th time.

The argument for tablets over E-readers is the multipurpose argument. People want their machine to do everything from reading to taking pictures. A few years back a friend of mine bought shoes that had a bottle opener built into one of the soles....neat idea I guess but who needs a bottle opener under their shoe? I just need my shoe to facilitate walking. Maybe it's because when I see something shiny I get distracted but I need a simple device for reading otherwise I won't read. For the same reason, I disagree with some people's complaint of the Kindle E-readers’ inferior web browser or the slow MP3 player. I haven't even looked for the MP3 player on my Kindle E-reader yet because I'm afraid once I find it, I'll stop reading after every 3 pages to go listen to my favorite Justin Bieber song.

Before I continue, I do own an iPad and I LOVE IT! I’m just saying that my book reading has plummeted since I bought the iPad. Here’s a chart showing an exact count of the non-fiction books I read during the 10 months before and after my iPad purchase.
Technology continues to get “better” every year. I put the word “better” in quotes because maybe there’s value in slowing things down a bit for some good old fashioned reading once in awhile. Maybe it’s ok that our shoes only cover our feet and don’t have the ability to transmit Morse Code to Mars. I wonder if I’m better off with my amazing iPad machine with the hundreds of apps that make my life so much “better”? I wonder what the comparison chart looks like that compares quality time spent with my kids before and after the iPad?

If you already own a tablet and want to get into reading or want to simply just read more and watch less television, I HIGHLY recommend the Kindle E-readers. I have an iPad and a Kindle E-reader and love them both. I've included some links here for you to check them out for yourself. Read the reviews and pick the one best for you.
                         



Disclosure:   Jordan Fife is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com

Despite this disclosure statement, you can be sure that any recommended products or services I use personally and believe will add value to readers. I would not recommend anything I didn't personally use and believe in. For this reason, you will never see a recommendation from me to buy a Shake Weight®.