Facebook and iPhone apps selling like hotcakes

And by that, I mean, one at a time. You’d think that by now hundreds of popular Facebook and iPhone applications would have caught the interest of older established companies that weren’t able to move quickly enough to capitalize on these two most exciting development platforms. You’d think that established brands with profitable business models would realize that perhaps one of the best ways to reach an audience of millions of potential new customers is...
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College Football Time of Possession

Some stats matter and some are rather meaningless. Like time of possession at college football games. It doesn't matter much. At least you can't determine the winner of a game by looking at that stat. I grew up watching BYU football in the glory days of Marc Wilson, Gifford Nielsen, Jim McMahon, Steve Young, Robbie Bosco, and Ty Detmer. The passing attack was the best in the nation for many years.

Jumping into Online Video

I wrote an article for Connect Magazine's September issue about skating to where the puck is going, not to where it has been, and I specifically addressed online video. I encourage companies to rush into online video, to take advantage of this new trend, and gain a competitive advantage by being an early adopter.

#1 Need for Startups

In May 2005 Fraser Bullock, one of Utah's brightest lights in the financial world (formerly with Bain Capital, now runs Sorenson Capital, helped with the 2002 Olympics turn-around), spoke at the Edison Conference in Salt Lake City. Fortunately, I had my blackberry and I took extensive notes. Here are my notes from the middle part of his talk:
Management has to be adaptable. 1990 someone brought him into run home shopping network, pre-internet. Challenge was to get consumers to buy. They had a patent. Decided they had assets, what could they build that might be of worth. Built transaction processing engine for remote banking. Sold it to Visa International in 1994. In fast moving tech environment, if I didn't step back every 3-6 months to fundamentally re-assess our assets and the environment, I might be missing a paradigm shift. You need the discipline to step back.
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