Employee Needs and Company Goals

Yesterday we held an all-hands meeting for Provo Labs where our team all met each other for the first time. It turned into a three hour meeting, which is too long for me, but I think it was useful. We talked about our business model and each of our portfolio companies briefly.

Blog Planets

I just got this email from one of our Provo Labs employees:
Although it clearly needs some CSS work, http://planet.provolabs.com is now up and aggregating personal blogs from the following Provo Labs folks: * Amy Rhoads * Blake Snow * Brock Blake * Darla Seamons * Gary Thornock * Jeff Jordan * Jimmy Zimmerman * Judd Bagley * Kory Hoopes * Michael Eager * Mike Smullen * Paul Allen * Phil Burns * Trent Miskin * Tyler Jensen * Yvette Arts

Assistant for Every Employee

At Provo Labs, we believe in investing in employees. That means budgeting for technology they need (including blackberries), for subscriptions and online services that will make them productive, and for travel and conferences they need to attend.

Why Do Most Companies Fail?

I was asked Tuesday at the Corporate Alliance summit why most companies fail. My guess is that most companies fail primarily because they don't have the right team of people. The CEO might not be right, or the CEO hasn't chosen the right people in the right positions, because most CEOs don't know the talent level required at each position and the teamwork needed to build a successful company. This is especially true of young CEOs, who haven't been around the block, who haven't seen great talent in action, in all the roles necessary to build a successful company.

A Busy Day–Provo Labs Update

Yesterday was busy and productive. In the morning we held an LDSMedia.com meeting with Deseret Book. We have a great partnership with them. The new LDSMedia.com web site is coming along nicely. By next week it will be nearly ready for prime time. We've added some free clip art and are making it possible for our content acquisition team to identify and index great LDS audio and video content anywhere on the web and easily include it in our search results. Our goal here is to launch the "LDS Google," with instant access to all content (and all content types) of interest to Latter-Day Saints. (There are about 12 million LDS/Mormons in the world.) Actually, it's won't really be the LDS Google because we aren't planning to index tons of web sites, just the ones that have the best and richest LDS content.