Archive for April, 2005

Does the OC have too much cash?

April 26, 2005

Enjoyed a lunch meeting today with the folks at Baseline Systems and Dynamic Methods.

Both are Microsoft solutions houses (hold your boos) offering Great Plains software and Microsoft CRM in Orange County. Business is apparently strong, with plenty of medium sized companies either upgrading IT for security or Sarbanes Oxley compliance, or for better automation of their sales process.

My guess is that both of those are ok reasons for the investment, but the real reason is that businesses are flush with cash. They’re still scared to hire because of uncertainty, but business is brisk enough to produce returns. I read something the other day that said companies in the OC netted almost $1 billion increase in revenue with no employment increase.

Study a few balance sheets and look at the cash positions. Now you know why companies are buying buildings, software, and other large capital purchases, but not hiring employees.

The good news is that the Fed won’t be able to stifle business with increases in rates, but that means inflation also won’t be halted because the business will pay the asking price to other businesses. Following that logic, the Fed will continue to pump the rate over the next few years to stop that problem, but kill the consumers. What a nasty cycle.

Bazily using Google Maps to Geocode

April 23, 2005

Bazily released an application to your geocode address by using the new Google Maps.

He’s getting a lot of interest in it even though he admits it’s very simplistic.

Cheers Bazily!

FedUp with FedEx Kinkos and UPS

April 23, 2005

Couple of run-ins with the big delivery services (FedEx and UPS) this week that make me want to use USPS Priority Mail.

First, Kinkos (a FedEx company) lost my originals. They can’t verify if they were stolen or thrown away, and they’re begging for mercy. An interesting point is that they ran me a 2nd copy of the said originals that they had already lost, which means they’re scanning and storing the documents, not just copying! Can I really trust the guy with bloodshot eyes behind the counter to be the best trustee of my important documents?

My other gripe is about UPS’s drop boxes – these things are impossible to find, and often they’re in the basement of buildings. I just don’t understand how that’s the optimal location.

Buyer Beware!

New Blog, New Post

April 21, 2005

I’m not a fan of blogs, but I’m doing it anyway. However, clients are starting to ask about them and I’ve seen a couple of situations where they are useful. I’m still a proponent of pushing information instead of blindly posting content like this, mainly because you don’t know your audience (#1 in Marketing 101).

Now some people will frown on using a blog for anything corporate related, but they write about all kinds of things I don’t care about, so I think we’re even. I’ve also wrote my own blog code, eliminating comments and controlling my own content.

Look forward to tips, insight, and just about any business idea I have an opinion on to be posted here in the future.

Quote of the Day: “I don’t trust a ball that has no air” (in reference to baseballs, but plenty of business models have the same effect)