Archive for September, 2010

Property tax increase

September 30, 2010

Dallas voted to increase its City property tax by 6.5%. Curious what the national average increase of similarly sized city’s cumulative property increase is since 2008.

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BEA site

September 28, 2010

The Bureau of Economic Analysis provides ready access to an amazing amount of data.

It is the real “no spin zone.”

BEA home page

Things I found interesting were areas of real personal consumption and comparative values therein. State by state and metro by metro comparisons are interesting. Import/export data (drill down).

Things I find less valuable are the big swath stats like GDP, or even the components thereof. It’s not that I’m suspicious of the data, it’s just too hard to really look at the them without really drilling down.

Time to Reflect on What’s Important.

September 27, 2010

Interesting essay, “Shattered Society” from American Conservative
Got here from David Brooks essay syndicated here.

Dallas, She’s a-growin’

September 27, 2010

Bill O’Neil, the founder of Investor’s Business Daily, believes that Dallas could surpass New York as the center of the business world.
From Article in Dallas Morning News

I would typically disregard such a statement as rhetoric, but given Mr. O’Neil’s vocation, he might just be all business! About Mr. O’Neil.

Great advice to help communicate about what the hell you’re doing!

September 27, 2010

Got this great pearl from here:

A Sack of Seattle

“Your elevator pitch should follow a simple “ad-lib”: We focus on ______ (target customer) who need _________ (market need), so we provide _________ (feature set) and we charge them ______ (business model). This standardized elevator pitch actually simplifies some of the challenge that the founders have been facing in explaining their business to mentors. His idea is to adjust the answers to the blanks until the statement feels exciting and feels like it accurately describes what you do. I couldn’t agree more and hope the founders take this to heart as they hone their business plans.”

For fear of mucking with a rather eloquent piece of advice, here are a couple thoughts

1. Where it says “need,” “want” works in the realm of consumer stuff.
2. Businesses are fluid and startups are especially so, so “not completely sure” is probably the truth in some of the blanks. It would be nice if that “not completely sure” were limited to one or perhaps two blanks. Never mind funding, it’s kind of hard to lead a team much less build a business if these things aren’t both understood and explainable.

Pick your battles

September 23, 2010

Somebody said how to beat Bobby Fischer; you play him any game except chess. And so I don’t play Bobby Fischer at chess.
-Buffett

Perspective is hard

September 21, 2010

To a worm in horseradish, the world is horseradish

Open eyes

September 15, 2010

Facts do not cease to exist because they are ignored.
~Aldous Huxley

future shock

September 14, 2010

Alvin Toffler – Future shock is the shattering stress and disorientation that we induce in individuals by subjecting them to too much change in too short a time.