Eric Schmidt Interview

Here is an interesting video interview with Google CEO Eric Schmidt.

It was number 5 on a list of the top interviews of 2008 conducted by and published in the Mckinsey Quarterly.

* Mckinsey & Company are management consultants. I’d recommend registering (free) for their articles.

Some light relief

“Tell him he’s dreaming.”

Give us a second

The LOTR Trilogy cost an estimated $297 million dollars. The running times for each movie (extended) were:

  • Fellowship of the ring – 208 mins
  • Two towers – 223 mins
  • Return of the king – 251 mins

A total of 682 minutes, and a total of 40,920 seconds.

That’s a $7258.06 cost per second of movie.

Did you sleep through any of the trilogy? New Line Cinema surely didn’t… their profit per second was $70 869.99.

(Junk) food for thought!

Do you ever print email?

Last week’s TV3 Nightline Investigation by Charlotte Tonkin was refreshing. Especially the comment from one Green Fatigue sufferer about those ‘consider the environment’ email footers.

If global warming was really being confronted and taken seriously, surely the following would be gone already:

  • fireworks
  • carbon reliant hobbies
  • rallying/motorsport
  • Pets
I don’t print email. Yet still those ‘please consider the environment…’ footers persist. I’m sure the same people who use environment footers in their email are the same people who request read receipts. Such a 1999 feature!

Whew, it’s over!

Thank goodness the whole Winston Peters saga is over nearly finished.

I liken what has been happening these last few weeks to business owners scrapping over what was said in a sales meeting a year before in front of customers on the shop floor.

Our Politicians employees should be doing their job, not scrapping over petty legislation.

Next…

Prices, sport and health

There is a school of thought that sports facilities are cheaper to maintain than hospital beds. Olympian John Walker has recently launched a great new initiative in south Auckland based around sport.

“Mr Walker acknowledged high obesity rates among children due to the lack of exercise…”

John Walker, Olympic Gold Medallist.

The current Government are also concerned about the obesity problem. Perhaps even those not on a sports field will cease to be at risk of obesity due to petrol now costing $2 per litre. Shortly everyone will be walking or biking to work.

But beware if you walk to work via alleyway! This might be a common occurrence for the first few weeks:

That’s nice

A short while ago I wrote a post called want wins. It was nice to come across bullet point #13 on this list today.

Want wins

Need v want.

And the winner is …. want, most of the time:

  • Some people NEED to lose weight, but they WANT to eat chocolate
  • Alan Bollard NEEDS to reduce the OCR but WANTS to keep his job
  • Dr Cullen NEEDS to calm down but he WANTS to be re-elected

Maybe business needs wants to focus more on the want element?

Small talk

Roger Kerr recently wrote an article about the productivity statistics released for New Zealand.

It’s not looking great. Especially when viewing the graphs on page 4.

Small talk/cliches such as the following probably don’t help:

” Don’t work too hard”

Take it easy”

“Whatever happens happens”

Here’s some popular blogs about productivity, as found on reddit, just in case you’ve got some …spare time.

Filtering

Being someone who constantly has ideas entering my mind, I need a filter.

A close friend of mine quoted a fellow start-up founder he’d been speaking with:

“I like to succeed quickly, and fail quickly, because it’s cheaper either way.”

With this in mind, I’m in the process of developing a semi-formal idea filter ready for when inspiration comes. It’ll help remove unnecessary head noise. I’m talking early idea conception, not so much the business planning stage, of which there are already helpful tools.

The filter currently includes:

  1. Is it an idea that will need to rely on a heavy sales pitch? If so it probably already has competition.
  2. Does it have a viable market? Unless it’s art or a hobby, it’ll need to be financially viable.
  3. Will new technology deem it obsolete when the sun sets? (sunset tech-industries have a closer horizon)
  4. Do I care enough about the space I’ll be getting into to get through the hard times?
  5. Will anyone join me? What resources will i need other than my own?
  6. Is the problem i’m solving real or just my obscure problem?

Of course there are hundreds more, this is a nice brief start.

I’ll be continually adding to the filter. On that note this helpful post just came along.

Please feel free to add suggestions yourself.

All ideas about ideas and idea filters aside, even if one gets through the filter, it’s a hard road executing.