The iPad has been available for a little over a week and Apple just announced that they have to delay international sales because demand in the US has been much greater than expected – apparently over 500,000 were sold in the first week. Cynics will say that it’s just a bunch of Apple fanboys and lemmings that blindly buy anything bearing the fruity logo, but I think there is something more at work here and that real business users are snapping these up.
After spending most of the last 48 hours with the iPad in my hands I have to agree with Walt Mossberg that “…this beautiful new touch-screen device from Apple has the potential to change portable computing profoundly…” The folks at Apple like to shake up entire industries – iTunes and the iPod certainly changed the music business and Apple is now the largest music distributor in the world, and the iPhone showed the stodgy telecommunications industry what a phone should be, while Apple sold over 70 million so far. It’s too soon to know whether the iPad will have the same impact, but the early results suggest that it certainly has the potential.
Google today announced an initiative to build broadband networks in local communities around the US as part of a test. Quoting Google:
“We’re planning to build and test ultra high-speed broadband networks in a small number of trial locations across the United States. We’ll deliver Internet speeds more than 100 times faster than what most Americans have access to today with 1 gigabit per second, fiber-to-the-home connections. We plan to offer service at a competitive price to at least 50,000 and potentially up to 500,000 people.”
The full announcement can be found on Google’s blog:
Have you ever wanted to accept credit cards for your small business, or just during your weekend garage sale? For many people the process of getting a merchant account, paying the minimum monthly fees, and setting up the software is just too much trouble and expensive so they don’t bother. But that could result in lost sales and unsatisfied customers. Finally, a new company called Square, Inc. is making it much easier. According to the Square Web site you can “Start accepting payment cards immediately with Square. No contracts, monthly fees, or hidden costs.”
Sign for Your Purchase
Square has created a clever little credit card reader that plugs into the audio jack on the iPhone. (The Web site actually says any device/phone with an audio jack, but it appears that they currently have software only for the iPhone.) The little scanner reads the credit card and uses audio to transfer the data to the iPhone. Customers sign the receipt on the iPhone screen. The phone then encrypts the information and uses its Internet connection to authorize the purchase, just like a Web site would authorize a credit card.
Besides simplifying the actual credit card process Square is also providing customer relationship features. For example, they can track repeat customers for you so, for example, the 10th bagel or coffee could be free.
A nice security feature is the ability to see a customer’s photo to verify their identity. But this would require the customer to set up an account with their picture in advance – not very likely until Square becomes hugely popular.
One of the people behind Square is Twitter co-founder and chairman Jack Dorsey so the team certainly has the resources to make this successful.
We will be signing up for a Square account and will update this post with first-hand information as soon as possible.
The folks at Twitter have just released an interesting new guide for businesses. Called Twitter 101, the online guide (also available for download as a PDF file) provides a comprehensive overview of Twitter, the terminology you’ll need to understand, and best practices.
The really fun stuff is the case studies from companies like Dell, Pepsi, JetBlue, CoffeeGroundz, and Teusner Wines. Some of these companies are large, public corporations while others have just a few people. Lots of good ideas in there that would apply to any business.
I don’t know anything about this company, but I love their little video called “Entrepreneurs can change the world.”
Sometimes we all need a reminder that our grandparents, parents and many others probably struggled more than we have. They worked hard and generally left the world a little better than the one they were given. Check out this video, maybe it will awaken your inner entrepreneur and encourage some fresh thinking about your own life and business. Drop us a note if you feel motivated.
The company behind this is called Grasshopper and they provide phone services. Check them out. Anyone that can make a cool video like this is worth looking at.
I was having lunch with a friend the other day when he started complaining about the upcoming employee review process at his company. He was already spending hours filling out the review forms for his direct reports, and this year was going to be more stressful than usual. Business is down, and expected to remain slow for quite a while, so he’s going to have to lay off several people that actually did a good job this past year. Needless to say, his own performance is suffering right now and his staff is probably spending too much time, at work and at home, stressing about this situation.
Only an HR person could love the annual performance review ritual. Everyone else hates it. Why should good work go unrewarded for up to a year? And why on earth would anyone put off a reprimand, remedial training suggestions, or regular mentoring until some artificial date in the future? If there’s a genuine, healthy dialog between boss and worker, as there should be, then issues are addressed as they come up and there’s nothing left to discuss at the "annual review." If problems are left festering the boss isn’t doing his or her job. Hard/good work that isn’t rewarded promptly with bonuses or salary adjustments just fosters resentment and causes higher employee turnover.
Anyway, yesterday’s Wall Street Journal has an article written by Dr. Samual Culbert, a consultant, author and professor of management at the UCLA Anderson School of Management in LA. He says "It destroys morale, kills teamwork and hurts the bottom line. And that’s just for starters. " The article is entitled "Get rid of the performance review! " and you should read it before subjecting your team to another round of reviews.
