Wednesday, May 9, 2007

Lessons For Entreprenuers

Guy Kawasaki explore it beautifully:

Where ignorance is bliss, ‘Tis folly to be wise—“On a Distant Prospect of Eton College” by Thomas Gray

With all due respect to Thomas Gray, he missed the target when it comes to entrepreneurship: ignorance isn’t bliss, ignoring is. For example, last week I posted a “help wanted” entry soliciting “truemorists” for a site called Truemors.

In the first forty-eight hours or so there were forty-one comments on this posting. Of these responses seven (17%) condemned the idea:

1.

Did you hear that Guy is the new Perez Hilton? He must be out of his mind! Please tell me this post is a joke.
2.

Did you hear that Guy has sunk to a new low? Come on Guy… gossip is one step away from pornography.
3.

All the pitch’s you hear, and this is the kind of thing you want to attach your name and valuable reputation to…another hurtful, hateful gossip site/company?
4.

stick to tech, guy, that’s what you are. don’t cover hollywood gossip bs.
5.

I hope (think) Guy is joking. Like we really need more “gotchas” and “scooping”!! To wit…I was going to write an article about my visit(s) to Virginia Tech last week to hand out 600 “Hokie Hope” buttons to the students — the rub “the local newspaper implied that the Hokie story might be a little stale now” — amazing! Give me something fresh like Brittany rehab or anything Anna Nicole! Geeesh Guy say it ain’t so!
6.

shameless trolling. truly shameless. obvious the mentoring and art of the start mentality is falling by the wayside in one man’s quest for power (or jut technorati rankings) way to go the path of the lemming, dude yamaha
7.

I hope this is a joke?

This is fascinating. Based on an intentionally sketchy posting and without seeing how Truemors functions, 17% of the commenters wrote it off in completely negative ways. What do you think would have happened if founders listened to pre-release comments about selling used printers online (eBay), creating the tenth search engine (Google), building personal computers for hobbyists (Apple), enabling people to tell their friends that their cat rolled over (Twitter), or rating whether people are good looking .
More at:http://www.guykawasaki.com/

Get XM Satelite Radio Receiver &Car Kit Combo

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More at:http://www.buy.com/retail/product.asp?sku=202139750&adid=17662

HEDGEfolios.com

HEDGEfolios combines fundamental and technical analysis without requiring you to run complex screens or interpret confusing stock charts. They do the analysis and give you the results in an easy to search and sort database.

You'll find tools to evaluate over 3,000 stocks and ETFs to determine whether they fit your investing requirements. If you are looking for large caps or small caps, value or growth, income or diversification, you'll find the information here. In addition to helping you with the "what" component, HEDGEfolios provides weekly up or down signals to give you ideas for the "when" of portfolio decisions.

Read market commentary, how to use the site, and other information.
Analyze HEDGEfolios stocks, market statistics and performance.
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Evaluate individual stocks and build folios based upon fundamental characteristics.
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More at:http://hedgefolios.com/

The Screen Machine

Charles Kirk of The Kirk Report has built an excellent tool for almost any investor. “The Screen Machine” can be found in the members side of his site and for a very nominal amount per year I don’t doubt it will become a mainstay of your efforts to find excellent trade setups and help with exits.

Charles and I share a similar opinion on screening and it is quite different compared to the numerous tools you can find elsewhere on the web. Most sites allow you to screen based upon a set of fundamental variables and try to find stocks that are either lower or higher than a specific number. But which variables to choose? What values to set as the standard? The combinations are virtually endless and you can really bog yourself down with “analysis paralysis” or an overload of results that fail to narrow anything down. Some people love to use complex screeners and have developed parameters they like. I am happy for them. But for the majority of investors, screening is a giant pain in the ass.

The Kirk Report Screen Machine gives you the results of screens that Charles has built over the years. It cannot be easier as you don’t have to enter any variables, conditions or values. You just click on one of his screens and each will show you 25 stocks that fit the criteria. If this sounds like an approach that will save you time and help you focus your research, you should give it a try.
More at:http://www.thekirkreport.com/2007/04/stock_screen_ma.html

Top 20 Search Engine Apart Google

There are an abundance of new search engines (100+ at last count ) - each pioneering some innovation in search technology. Here is a list of the top 20 innovations that, in our opinion, will prove disruptivein the future. These innovations are classified into four types: Query Pre-processing; Information Sources; Algorithm Improvement; Results Visualization and Post-processing.
[Some of these innovations are present in various Google properties, but are either missing or available only in limited form in the main search page, as noted below.]

A9
AOL
AURA!
blinkx
boing
bookmach.com
BOXXET
ChaCha
ClipBlast!
Clusty
collarity
CometQ
CONGOO
d e c i p h o
del.icio.us
digg
digg labs swarm
Ditto
dumbfind
exalead.
More at:http://www.readwriteweb.com/archives/top_17_search_innovations.php

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