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	<title>Scobleizer&#187; Small Business</title>
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		<title>The real problem with Davos: not enough focus on small business</title>
		<link>http://scobleizer.com/2009/01/28/the-real-problem-with-davos-not-enough-focus-on-small-business/</link>
		<comments>http://scobleizer.com/2009/01/28/the-real-problem-with-davos-not-enough-focus-on-small-business/#comments</comments>
		<pubDate>Wed, 28 Jan 2009 10:33:23 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[technology industry]]></category>
		<category><![CDATA[Davos]]></category>
		<category><![CDATA[davos09]]></category>
		<category><![CDATA[Small Business]]></category>
		<category><![CDATA[wef09]]></category>
		<category><![CDATA[World Economic Forum]]></category>

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		<description><![CDATA[It&#8217;s interesting the tweets I&#8217;m getting. @semipro writes: &#8220;@Scobleizer have we not come to expect way too much out of those meetings? They never produce anything and are a waste of time and money!&#8221; @spotcher writes: &#8220;@Scobleizer davos is for the good times. there are no solutions to this mess. it has to play itself [...]]]></description>
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<p>It&#8217;s interesting the tweets I&#8217;m getting.</p>
<p><a href="http://twitter.com/semipro/status/1154759836">@semipro writes</a>:<em> &#8220;@Scobleizer have we not come to expect way too much out of those meetings? They never produce anything and are a waste of time and money!&#8221;</em></p>
<p><a href="http://twitter.com/spotcher/status/1154775175">@spotcher writes</a>: <em>&#8220;@Scobleizer davos is for the good times. there are no solutions to this mess. it has to play itself out.&#8221;</em></p>
<p>I disagree with both viewpoints. Davos has many excesses (at least last year. This year things are much more somber) but when you bring many of the world&#8217;s politicians and rich people together you can get lots of changes. On the bus ride here I met a few non-profits who say that Davos is invaluable for them to make new contacts and convince the world&#8217;s rich to support their efforts. Bill Gates&#8217; foundation got mentioned several times on the bus ride in.</p>
<p>But, to me, I still haven&#8217;t heard much about how we&#8217;ll really get out of this mess: create tons of new small businesses. Big companies will NOT pull us out of this mess. They won&#8217;t hire people in big numbers until AFTER the economy starts turning around.</p>
<p>For me this all came to a head after reading Andrew Field&#8217;s pleas for help. Who is he? He runs Printing for Less. <a href="http://www.podtech.net/scobleshow/technology/1155/printing-for-less-in-the-middle-of-nowhere">I interviewed him three years ago for PodTech</a>. Back then his business was a growing one and was the darling of Montana&#8217;s rebuilding economy. Today? His business is under severe strain and might not survive the next few months, <a href="http://www.forbes.com/2009/01/16/small-business-loans-oped-cx_af_0116field.html">he wrote in Forbes</a>.<br />
<a href="http://www.forbes.com/2009/01/16/small-business-loans-oped-cx_af_0116field.html"><br />
Everyone should read his letter asking for a new kind of bailout</a>.</p>
<p>His pleas should be heard. It&#8217;s small businesses like Printing for Less that will pull the economy out of its problems. The problem is that small businesses are getting slammed. Here&#8217;s why:</p>
<p>1. Rich people have had their assets decimated by both the stock market and by Bernie Maddoff&#8217;s ponzi scheme. That makes them far less likely to invest in new, small, unproven businesses. Venture capital was down quite sharply last quarter, which proves this trend too.<br />
2. Housing prices are way down in many communities. That means entrepreneurs can&#8217;t pull equity out of their homes to keep businesses running short term. My mom, to buy a bookstore, took a loan on her home. That would be impossible if she were alive today.<br />
3. Customers have disappeared &#8212; maybe even permanently &#8212; as we all slow down our spending, start saving for the future. That means that many small businesses are struggling to make ends meet.</p>
<p>So, as I walk around the World Economic Forum I&#8217;m asking people &#8220;how will you help out Andrew Field?&#8221;</p>
<p>So far I&#8217;m not hearing a lot of answers and THAT is the real problem with Davos.</p>
<p>I&#8217;ll report if I hear any good ideas. Do you have any?</p>
<p>By the way, I&#8217;m tracking all Davos news over on <a href="http://friendfeed.com/rooms/davos">the friendfeed Davos room</a>.</p>
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		<slash:comments>53</slash:comments>
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		<title>TurnHere for interesting recession-resistant video business</title>
		<link>http://scobleizer.com/2008/10/13/turnhere-for-interesting-recession-resistant-video-business/</link>
		<comments>http://scobleizer.com/2008/10/13/turnhere-for-interesting-recession-resistant-video-business/#comments</comments>
		<pubDate>Tue, 14 Oct 2008 04:30:10 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[technology industry]]></category>
		<category><![CDATA[Nokia]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[Small Business]]></category>
		<category><![CDATA[TurnHere]]></category>
		<category><![CDATA[viddler]]></category>

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		<description><![CDATA[[viddler id=89fc89ae&#38;w=437&#38;h=370] Well, I can see that on my last post I went too far in pushing a point that corporate bloggers don&#8217;t live under the same rules that unemployed bloggers do. In any case, this next video demonstrates why I&#8217;m not going to go to the PDC even better than worrying about my feelings. [...]]]></description>
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<p>[viddler id=89fc89ae&amp;w=437&amp;h=370]</p>
<p>Well, I can see that on my last post I went too far in pushing a point that corporate bloggers don&#8217;t live under the same rules that unemployed bloggers do. In any case, this next video demonstrates why I&#8217;m not going to go to the PDC even better than worrying about my feelings.</p>
<p><a href="http://www.viddler.com/explore/Scobleizer/videos/2/">Today I visited TurnHere.com</a>. Some facts. Profitable. 60 core employees. 7,000 paid contractors. Hundreds of new videos per day.</p>
<p>But in talking with them I realized they are a recession-resistant business and thought what I learned from them is important to highlight. Why are they recession-resistant?</p>
<p>1. <strong>High value for low price.</strong> Their customers are small businesses who don&#8217;t know how to use Apple&#8217;s FinalCut Pro or how to tell a story with video. It&#8217;s not easy, as I joke around about in the video &#8220;I don&#8217;t have talent.&#8221; They charge less than a grand to do the videos, a videographer shows up, spends an hour or two interviewing and shooting, then goes home and edits together a pretty nice video. I sat in their meeting today where they showed off a couple and they were nice quality, the kinds of things that a small business would find invaluable for their website, etc.<br />
2. <strong>Distribution.</strong> They are on Yellowpages.com, Citysearch, and other places. I can&#8217;t get my videos onto the Yellowpages.com, so they have defendable and high volume distribution that small businesses are willing to pay for.<br />
3. <strong>Few salespeople but lots of revenues.</strong> They outsourced their sales team to Yellowpages and Citysearch and their other business partners. Those business partners bring them tons of revenues and distribution. That&#8217;s a neat business that I admire.<br />
4. <strong>Low-cost production.</strong> They have hand trained 7,000 videographers around the world who make the videos. That might seem expensive, but not really. There are a lot of people who have decent video equipment out there (decent being a $500 camera, a $200 tripod, and a $300 microphone, along with a fairly beefy Mac and Final Cut Pro) who often have day jobs working at TV stations and making movies. They get hired for a few hundred bucks to make the videos.<br />
5. <strong>Rapid iteration and quality control.</strong> The team meets every afternoon to watch a couple of videos from that day&#8217;s videos. That ensures that quality stays high (no one wants to put a crappy video in front of their teammates) and increases the ideas that come from the team.</p>
<p>Anyway, I asked off camera if they had seen any effect yet (I&#8217;m hearing small businesses are having a rough time right now, so wondered if they had seen any effect). They have not, the execs say, and their sales are up. Since it&#8217;s a private company I can&#8217;t verify those claims, but the product and team seem very good and it&#8217;s nice to see a business with real revenues and a real business plan (and a good reputation, I&#8217;ve been getting nice notes from people since Twittering that I was visiting this afternoon).</p>
<p>Oh, this video is the first I did with a new Nokia N96 cell phone that Nokia sent me to try out. It&#8217;s nice, but since it doesn&#8217;t work with AT&amp;T&#8217;s 3G yet it will be hard for me to use for my live videos, but for things like this it works very well. My wife just bought a Flip cam too, so we&#8217;ll do some comparisons.</p>
<p>I&#8217;m using <a href="http://www.viddler.com/">Viddler </a>for this video and am very impressed. Last week I put a couple of videos up on Google Video and Viddler is a lot nicer to use for uploading and the player is much nicer too. Viddler videos are also embeddable in WordPress.com, while Google Videos are not. I&#8217;ll compare to <a href="http://www.kyte.tv">Kyte</a> soon (I like Kyte because it has a neat chat room and can be used with live, including recorded stuff like this).</p>
<p>Thanks TurnHere for showing me an interesting new business!</p>
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