Category Archives: Capitalsim

OWS Stands Divided

As predicted, the leaders and achievers are standing out from the OWS crowd.

GlobalRevolution.tv has moved from a tarp in Zucotti park to a second floor office in NoHo (North of Houston), and is being led by a former Wall Street derivatives trader, Vlad Teichberg.

On the other side of the country, OWS protesters are depriving the working class of their pay checks by blockading ports.

As surely as oil floats over water, and cream rises to the top of milk, it is inevitable that leaders stand out in a movement. Even while they’re insisting that it’s a team effort. In this case, it’s Vlad Teichberg who has become the face of GlobalRevolution.tv.

GlobalRevolution.tv started out under a tarp in Zucotti park. After weeks of frustration due to equipment theft and fighting the elements, they made the wise business decision to seek a secure – and weatherproof – site for their budding media outlet.

They found what they needed on the second floor of a building owned by the A.J. Muste Institute. Rent is a bargain at around $400 per month. It’s no palace, but it gives them a reliable working space for their enterprise. You can get an idea of what it looks like in this video of an interview they did with CNNMoney.

Vlad Teichberg's caricature in The New Yorker

The media has definitely caught on to this enterprise. Vald has been featured with his own caricature in The New Yorker, and media from Huffington Post to the New York Times are covering their efforts. If all goes well, Vlad hopes this media enterprise will take off and provide him with the means to get a home for himself and his pregnant wife.

Contrast this organised, productive enterprise with the efforts of OWS participants on the west coast.

Although their video content is being streamed through GlobalRevolution.tv, that seems to be where the commonality ends. Rather than trying to build anything, or even be constructive, they’re attempting to block ports in Alaska and the Western U.S.

Even the unions these OWS participants claim to be supporting have come out in opposition to the blockades. They want their members to be able to go to work safely, and get a full pay check at the end of the week.

OWS Participants blockading access to ports

In a recent USA Today article, one trucker was quoted as having lost $600 – a day’s wages – because the protesters succeeded in closing the port facility.

“This is joke. What are they protesting?” said Christian Vega, who sat in his truck carrying a load of recycled paper. “It only hurts me and the other drivers.

“We have jobs and families to support and feed,” he said. “Most of them don’t.”

Thomas Ryan has written an interesting post on Big Government that reveals the agenda of many OWS participants. It’s well documented with a complete archive of e-mails from OWS. The tone of the e-mails aligns with activities on the west coast, but seems quite different from the enterprise happening in New York.

OWS, protesting about inequality, is experiencing a practical lesson in reality. Every group divides out into 80% followers, 15% achievers, 4% leaders and 1% celebrities.

In Brooklyn, Vlad Teichberg is the celebrity and his team are the leaders. The citizen journalists are the achievers, and then there’s the rest. People who take action simply to feel powerful; even when it harms those they claim to be helping.

The efforts at GlobalRevolution.tv have been so successful that Livestream is providing them a channel free of advertising. It turns out that some advertisers didn’t want to be associated with the OWS channel, and rather than weed them out Livestream simply removed all advertising. That’s a huge benefit to an organization trying to communicate their message.

Ustream, another online video streaming service, has provide two citizen journalists with better camera equipment. Tim Pool in New York, and Spencer Mills in Oakland, both provided consistently good content so Ustream has loaned them better video equipment.

Livestream and Ustream both claim to simply be supporting their platforms rather than specifically supporting the OWS movement. You can read more about GlobalRevolution.tv and their successes in a recent New York Times article.

The question that remains is: How long will it be before OWS participants turn on Vlad and his teammates as being part of the 1%?

It’s only a matter of time before GobalRevolution.tv gains the attention of advertisers able to align themselves with OWS. When that happens, it’s going to become a profit-generating business. Will the 80% who have built nothing claim a share of their success?

OWS Gets Capitalist Enterprise

Vlad Teichbert and GlobalRevolution.TV are the first capitalist effort of OWS. And Vlad is getting the media attention to make it work.

Having been covered by the New York Times and Huffinton Post, and even getting his own caricature in The New Yorker, Vlad has gone from being a derivatives trader working for Deutsche Bank to OWS pariticpant to budding media mogul. Although he currently lives in a squat with his pregnant wife, Vlad hopes the media project takes off and provides an income.

GlobalRevolution.TV started out under a tarp in Zucotti Park. But after weeks of frustration due to equipment loss from theft and rain, they were able to relocate to a building in NoHo (North of Houston St.). They’re now in a second floor office space and getting organized.

Here is a video from CNN Money that shows the GlobalRevolution.tv media headquarters and two of the team members.

This budding media mogul and his outlet, Global Revolution.tv have become the switchboard, or clearing house, for video related to OWS. The channel is hosted – apparently ad free – by Livestream. It seems more than one advertiser didn’t want to show up on this particular channel, so Livestream seems to have removed all advertising from the channel.

How long can it be before OWS turns on Vlad and his media outlet for the success they are achieving?

Personally, I think it’s great that the group involved with GlobalRevolution.TV has found this opportunity. They’re getting organized, supporting a cause they believe in, and attracting support. For now, the donations are just trickling in. Give it another week or so, and it’s likely they’ll attract the attention of donors – possibly even one or two of the millionairs who agree with OWS.

This is proof in action that populations consistently divide out into 80% masses, 15% achievers, 4% leaders and 1% celebrities. In this case, Vlad is becoming the celebrity, his team are the leaders, the citizen journalists are the achievers, and then there’s the rest.

It’s too bad that “the rest” are turning from protesting to harming the people they claim to serve.

Over the last week, USA Today has reported OWS protesters have managed to close several ports along the west coast. They claim to be targeting ports where Goldman-Sachs has an interest, yet they fail to accept the real consequences of their activities.

By closing the ports, the only people being hurt are the workers who can’t work. They’re losing a day’s pay. Since the corporations carry insurance to protect them against lost production, they’re coming out doubly ahead whenever a port facility is blockaded. Not only do they get to collect on their insurance, they’re saving the cost of paying employees.

Many congratulations to Vlad Teichberg and his team. Let’s hope they’re able to lead their fellow OWS participants to better pursuits and higher achievement.

OWS Splits, Small Business Succeeds and Forrester Predicts Doom

As I have been predicting, the Occupy Wall Street movement is splitting.

The leaders and achievers in OWS are producing a live media outlet (article from New York Times) while the OWS wanna-bes and masses are organizing protests that hurt the working man (article from USA Today). Listen to this week’s show to know what’s happening and where the OWS movement is going.

Then we look at one small business that is succeeding – online – against competition from the likes of Macy’s, Nordstrom and Diapers.com. The business is Little Dudes and Divas (www.LittleDudesAndDivas.com), and they sell diapers, diaper bags and all sort of baby accessories.

The story comes from Gabriel Shaoolian’s column (You’re The Boss) in the New York Times. There are some really good points about this business, and there’s one spot where Gabriel and I disagree.

Listen to this week’s show to know how we disagree, then you tell us who’s right.

And we wrap the show with a look at George Colony’s predictions of doom. George is the CEO for Forrester Research. He presented his Three Thunderstorms at LeWeb this year, and in two cases I think George is dead wrong. And he simply doesn’t go far enough with the third thunderstorm. I picked this story up from Logic & Emotion, and just had to “set the record straight.”

This story is so important I let the show run long this week. George raised some really good  points, and unfortunately missed the boat with his predictions. So I’m going to add a special blog post Thursday, 22 December to expand on what we discuss during this week’s show.

So listen in to the show now, then watch for the blog post Thursday, 22 December. Then you can tell us who is seeing the future, and who is a touch off their rocker.

Small Business Marketing Reality Check

This week’s stories have me just a wee bit angry. So you might want to prepare yourself to be offended.

Start listening now to Social Media: Cheap and Easy

Small business marketing is far easier than most business owners make it out to be. But you do need to do some work, and professional advice is often helpful.

Have a look at www.SkyRoll.com. It’s the subject of our first story. More accurately, the bozo that owns it is the subject.

I meet way too many business owners who ask for advice on small business marketing, like this guy, and then disagree with me. It makes me want to scream “Are you KIDDING?!” This is why I’ve learned to weed out the problems by making business owners jump through hoops to get to me.

After I go to town on SkyRoll, we take a look at Facebook’s upcoming IPO.

Like Groupon, Facebook’s IPO is like to be successful. That is, Facebook and the investment bankers are going to make a whole lot of money. Also like Groupon, those who buy in are going to lose money.

Listen to hear WHY Facebook is doing an IPO – and HOW they’re preparing for it. It’s definitely odd, and should be screaming DANGER to every investor in the world.

Hear it all this week on Social Media: Cheap and Easy.

Then we’re wrapping up the show with a look at Occupy Wall Street. If I haven’t offended you by this point in the show, I probably will with this story.

After more than a quarter century of owning my own business, becoming a master carpenter, and writing 5 books in 19 months, I have little patience with anyone who whines about life being hard. Have you noticed a lot of the people getting press coverage over Occupy Wall Street are college professors? Talk about professional underachievers.

If you think lawyers are bad, we should stone the people who train them. That’s right, college professors.

I’m all for being social, but socialist is just insane. I’m a dedicated capitalist – everyone who listens to Social Media: Cheap and Easy knows it. And by the way, that means I’m first in line to put crooked bankers and corporate executives in jail. They give capitalism a bad name.

Just click the Instant Download link at Social Media: Cheap and Easy. And when you’re good and riled, come on back here to leave your comment. Just click on the post title to go to the comment page.

Facebook Killing Music Sharing

Is Facebook killing music sharing because they’re profiteers or just ignorant?

Facebook is talking about bringing music sharing services such as Spotify, Rhapsody, Rdio, MOG and Deezer onto their site. The idea is to make your profile an entertainment hub. But how much of a hub will it be if it drives these businesses out of business?

Very few online music services are profitable, and they have a model that causes them to lose money every time a free subscriber joins. After all, even “free” music requires a royalty paid to the record companies.

Pandora, which had a successful IPO, has yet to make a profit. Martin Scott from Analysys Mason estimates Spotify had a $6 or $7 million dollar profit in 2010, and Rhapsody’s president Continue reading