Welcome to this week's edition of the Carnival of the Capitalists.
It's
Carnival time again!
Grab your popcorn and cotton candy and sit back and enjoy
Carnival of the Capitalists: The Greatest Business Show in the Blogosphere.
That was a little long for a tag line. I'll have to work on improving that one. After all, a bit of creative thinking can't hurt, now can it?
One of the truly exciting aspects of hosting
Carnival of the Capitalists is the wide assortment of bloggers who enter. Many of the entrants to this hosting of
Carnival of the Capitalists are here for the very first time, while many familiar faces are continuing their regular appearances.
This is my third hosting of the
Carnival of the Capitalists, and as usual my hosting is for the same week every year. I hope you enjoy the show.
Got your refreshments in hand? I'll wait while you get some peanuts and popcorn, a hotdog, and a cool beverage.
Let's join the midway where the fun and games are already underway.
MarketingJosh Cohen at
Multiple Mentality presents
Not So Rewarding asks the universal question that's on everyone's mind. Just how much have you got out of your "rewards" card lately?
David Maister thinks about
The Battle for Marketing posted at
David Maister's Passion, People and Principles. David expresses some concerns about large consulting firms entering the marketing field.
Jim Logan waxes poetically about
The Workhorse Of The Letter, The Opening Paragraph posted at
Direct Response Works. Jim writes that most sales letters start with a story of some sort, an attempt to catch the reader’s attention and engage them with intrigue. The thought is you quickly paint a picture for a reader, grab their attention, and hold interest to read further. This is often done in the form of a problem – the common formula is problem, irritation, solution. Jim believes this is generally a mistake.
Evelyn Rodriguez at
Crossroads Dispatches sends
Bake Cause Marketing Into Product. Evelyn writes on the heels of this past week's Cause Marketing Forum. She challenges companies to do their good works from the inside-out, as a primary function, rather than merely a portion of revenues. She cites companies such as Honest Tea, Soneva Resorts, and Theo Chocolate as examples.
Wordlab presents
Shiloh Nouvel Jolie-Pitt Baby T-shirt posted at
Wordlab. Wordlab says the Kingsley brand T-shirt with the words "The Pots & Pans Band" across a skull and crossed spoons with a "pots and pans" drum kit, worn by Shiloh Nouvel Jolie-Pitt in her first official photo op, is all the rage.
Becky McCray shows us some
Simplified marketing plans for the real world posted at
Small Biz Survival. Becky points out that while every business needs a marketing plan, not every company has one. She provides some handy and practical tips for developing a successful marketing plan for your organization.
EntrepreneurshipMarcus Markou presents
Being a Successful Business Owner posted at
BOB - Business Opportunities Blog. Marcus presents a review of Michael Gerber's book
The E Myth and relates how the book's advice is similar to his own business experience.
Yaro Starak at
Small Business Branding presents
You Will Be Successful…In 5 Years where he advises business owners to stick with what they believe in to be the right product or service. It will pay off in the end.
Jim writes about
Sensible Diet And Exercise posted at
Bizinformer. Jim concludes there are no shortcuts to business success; just hard work, dedication, honesty, and service.
Jeff Cornwall at
The Entrepreneurial Mind describes in
The Danger of Short-cuts in Writing Business Plans how tools to help write a business plans can be found in books, software programs, and on-line sites. While many of them have some good features to them, for many entrepreneurs these aids become a short-cut that leads to an inferior plan.
Yaro Starak at
Entrepreneur's Journey asks the question
Has AdSense Gone Too Far?. Yaro expresses concern, that gearing site content for Google AdSense, is having a negative effect on the value of website information.
Greg Manter of
Retail Store Blog says that
$1400 a Day from a Simple Website. Greg asks can a net entrepreneur make money. He asks how much money can you make from sharing your knowledge on the Net? Greg points out that Tim Carter makes $1,400 a day.
Steve King discusses an age old adage in
Location, Location, Location (Part 1) posted at
Caboodle! Toys ~ Blog. Steve advises when thinking about where to locate or relocate your new or existing business, one should first and foremost consider the current and future business model. This post lays out a theoretical framework for thinking through various location options. The author seeks feedback on ways to improve the work-in-progress framework.
Laurie Bluedorn presents
PRMAMA: Marketing to Go! - This week's Feature Friday is Pete and Maribel Hernandez of APMFormulators. - Homeschoolblogger.com posted at
PRMama. Laurie writes about a successful business startup company and the reasons for their prosperity.
ManagementPawel Brodzinski at
Software Project Management offers a post on
How to Communicate Information . Pawel describes the importance of maintaining good communications channels between management and staff.
Kevin Hillstrom of
Mine That Data sends us a
Business Review: Regal Cinemas. Kevin asks if you ever wonder why popcorn and a diet soda cost $9.00 at a movie theater? Without this high cost, the movie theater probably wouldn't be in business. Kevin's posting illustrates how expensive it is to run a movie theater.
Michael Wade of
Execupundit writing in
The Anti-Personnel Department tells us why employees view the Human Resources Department with so much suspicion. Michael also tells us how the HR Departments earned their bad reputation.
Mark at
SportsBiz reports on
The Ultimate Fantasy Team. Marks says the Schaumburg Flyers, a minor league baseball team in suburban Chicago, has decided to turn over management of its games in the second half of the season, to its fans. Marks believes this should be a fascinating exercise in both group management and marketing.
David Foster of
Photon Courier tells us that
ICU Monitoring Goes Remote. David says some hospitals are adopting a system, that allows the monitoring of ICU patients, to be done by specialists who may be hundreds of miles away. Both cost and patient-care benefits are claimed.
My own entry from
Blog Business World is
Negative people: Find the positive where I discuss that instead of avoiding the negative person in your company, use their natural talents for criticism in a productive and innovative way. Let them help you avoid the pitfalls that await some hastily developed plan.
Economics and Public PolicyBrad Warbiany at
The Liberty Papers enters
A New Paradigm Replacing the Old. Brad believes that the internet has changed the way people do business. As a result, formerly profitable business models are being left behind, and replaced by online e-commerce.
Henry Stern, LUTCF presents
A Slick Operation... posted at
InsureBlog. Henry asks "Did ya hear about the guy who needed neck surgery? He went to Thailand! He says that'Medical tourism' is big business. The question, however, is will it save you or your company any money.
Michael McCullough at
Stingray: a blog for salty Christians presents
Al Gore and some inconvenient truths about global warming. Michael believes that if Al Gore had his way on global warming, we would lose capitalism in this country, and have to live under socialism.
David Tufte from
voluntaryXchange writes in
Business School Lunacy that business schools are starting to promote "peace through commerce". David says the curriculum sounds like it is very heavy on politically correct peace studies, and very light on anything that would help a business major.
James Hamilton of
Econbrowser is seeking a real
New Direction For America. The Democrats call it a New Direction for America. But to Econbrowser's James Hamilton, it looks like the same old same old.
Leon Gettler from
Sox First discusses
Business and climate change. Leon asks some provocative questions. How well prepared is business for climate change? How well prepared are insurers? It's going have a massive impact on bottom lines everywhere, warns a new Lloyds of London report. Leon warns everyone to get ready for some places being simply uninsurable.
Jack Yoest presents
Kill Big Bird, Buy a Raptor posted at
Jack Yoest. Jack says there's a war on. It's been in all the papers, and we all have to pay for it. Sacrifice somewhere. But Jack says not the liberals at National People's Public Radio. They demand continued tax payer funding...for Big Bird. When should entertainment have claim on the public purse?...That's Jack's tough policy question.
Stock Market and InvestmentRJH Adams at
Capital Chronicle isn't really being spooky discussing
Triple witching, 16 June 2006: what does the historic data say?. The problem is the third Friday of March, June, September and December are all "triple witching" days. This post looks at how market indexes behave on such freaky Fridays, with Germany's DAX serving as an example.
Trent presents
Don't hold your breath or GLW waiting for LCD panels to recover posted at
Stock Market Beat. Trent suggests that you may want to hold off on buying that big-screen TV... or shares in Corning.
Einzige presents
John Burley's 7 Levels of Investor posted at
Die Eigenheit. The post is a critical examination of some of the promotional material used by "prosperity trainer" and real estate investment "guru" John Burley. Einzige compares Burley's 7 investor levels with advice from other financial advisors, and concludes that Burley's advice doesn't amount to much, in the end.
Byrne Hobart of
Byrne's MarketView shares his thoughts in
Peg Ratios: Nonsense is still in style. Byrne is firmly convinced that an unhealthy fraction of the financial innovations that experts share with audiences exist mostly to give them something to talk about. There isn't always something to talk about or something to recommend. When there is, Byrne tells us he'll say so. When there isn't, Byrne will complain about people who say otherwise... As a matter of fact, Byrne does just that.
Ed at
Daily Dose of Optimism describes
Japanese Interest Rates and US Equity Market Volitility. Ed says for those of you wondering why US and global markets experienced such rapid declines over the past month or two, let him draw your attention to some information you may have missed. Basically, the Bank of Japan indicated back in March that it planned to end its zero-interest rate policy.
TaxationDon Surber at
Don Surber holds the view that
Fat tax doesn't work . Don says they just happen to have a soft drinks tax in West Virginia that covers those sugary drinks. The state had the tax since 1951 with the proceeds going to the WVU Medical School. Don states after 55 years of this nanny tax that West Virginia ranks third in adult obesity and third in adult diabetes.
Steve Faber warns
The AMT – If You're Not Scared, You Damn Well Should Be! posted at
Debt Free. Steve sees the AMT as a trap that will snare many citizens leaving them with an enormous tax bill.
Joe Kristan at
Roth & Company, P.C. - Tax Updates sends us
Wither The Estate Tax. Joe says that an estate tax could make sense - just not the one we have now. Joe discusses his ideas about what a sensible estate tax might look like.
HMIL at
Teapot Tantrums presents
Death Tax Debate. About the Death Tax rate, HMIL asks, and yhen answers, why should it mean anything to you when it doesn't apply to you? Well, let's put a face on it and then see how you feel.
Tom Hanna at
Tom Rants points out the
Federal Deficit Dropping Without Tax Increases or Spending Cuts. Tom says the story that the national media isn't telling this week is that the federal budget deficit is dropping, and fairly rapidly, without tax increases. In fact, it's dropping even as Congress continues what Tom calls its drunken spending spree...
Personal FinanceFMF at
Free Money Finance posts about a
College Saving Reality Check. FMF offers A spirited post, complete with interesting follow-up comments, on whether or not kids should pay for part of their own college expenses.
Dan Melson at
Searchlight Crusade presents
Legal Late Payments on Your Mortgage. Dan tells us that it's not in your best interest to be late with your mortgage payments, using the California laws as an example.
Blogs and InternetRob Sama at
SamaBlog, in a post titled
Gates Is Gone, speculates on what he believes may be the real reasons for Bill Gates' departure from Microsoft.
Jon Swift at
Jon Swift presents
The Retirement of Bill Gates from Microsoft Is No Big Deal . Jon says people seem to be making a big deal about the announcement that Bill Gates will be retiring to concentrate more time on his foundation and surfing the Internet, which he thinks might be really big in the future. Jon offers a few reasons why it really won't make that much difference, at least for a while.
Doug Mataconis at
Below The Beltway talks about
The Continuing Decline of Print Newspapers. Doug sees a day, in the not too distant future, when print newspapers could be a thing of the past.
Personal and Career DevelopmentAdrian Savage at
The Coyote Within sends us the advice to
Lighten Up. Adrian suggests that most of us take our lives far too seriously, and set ourselves such ludicrously excessive targets, it's a miracle we aren't more anxious than we are.
Carmine Coyote from
Slow Leadership says it's
Time for Innovation. Carmine says haste, pressure, anxiety, tension and overwork are enemies of creativity or innovation. Paradoxically, the more hard-pressed people are, the less able they become to find new and creative ways to solve their problems.
Big Picture Guy at
Big Picture, Small Office takes and deserves
A Walk in the Dark. It seems that General Ledger is working late again. Because of the job's heavy demands, and his own incorrigible nature, he has missed holidays and birthdays. He has pretty well given up on the notion of off-days. Big Picture Guy attempts to be sympathetic.
David Lorenzo tells you to
Face Your Fears posted at
The Career Intensity Blog. Davis lists the most typical fears and how to overcome them.
Public RelationsTam Hanna shares
On unclear, long press releases posted at
TamsPalm-the Palm OS Blog. Tam sends a little article on how one should NOT formulate a press release if one wants to do successful PR. He says they found a terrible example in their inbox. He decided to edit it, and post it online for all of you to use as a learning experience.
Nickel at
fivecentnickel.com enjoys
Hampton Inn's 100% Satisfaction Guarantee. Nickel sings his praises for the Inn delivering on its Guarantee.
Next week's
Carnival of the Capitalists will pitch the big top at Michael Cale's stock market news and investment blog known as
Financial Methods.
Thanks for dropping by this week's edition of
Carnival of the Capitalists. Be sure to take some time, have another hotdog and some more popcorn, and read the great posts on offer.
Tags: carnivals, capitalism, business, marketing.
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