Top 5 Ways to Exploit Halloween to Benefit Your Business

On October 29, 2009

Top 5 Ways to Exploit Halloween to Benefit Your Business

Note: We originally ran this article last Halloween, but I thought it would be fun to run it again, so there you have it.

Let me start off by saying, this article is purely for fun. I don't really condone most of these ideas. It's Halloween and this is a day where people play pranks and whatnot. I'd like to just post the article, without this disclaimer, but I've seen too many of these things backfire when people don't "get it." So I'll tell you flat out. It's a joke. Most of these will probably get your house egged or TP'd.

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On October 29, 2009

Continental Airlines Grounds Puppy from Flight, Hikes Fees On Humans

Recent service fee and domestic fare increases by Continental Airlines suggest the world’s fifth largest airline believes that pricing power has shifted from the consumer back to air carriers like itself. This growing confidence was all the more on display when the air carrier – damn the bad PR – refused to fly (in cargo) a 4-month old pit bull puppy, which had been rescued from an animal shelter, to its happy new home.


On October 29, 2009

Continental Airlines Grounds Puppy from Flight, Hikes Fees On Humans

Recent service fee and domestic fare increases by Continental Airlines suggest the world’s fifth largest airline believes that pricing power has shifted from the consumer back to air carriers like itself. This growing confidence was all the more on display when the air carrier – damn the bad PR – refused to fly (in cargo) a 4-month old pit bull puppy, which had been rescued from an animal shelter, to its happy new home.


On October 29, 2009

Grad Debt: Beware the Internship-Benefits Paradox

Although the recession has affected nearly every social stratum in the UK, graduates and people aged 18-24 have had a particularly raw deal. Higher education leavers had it tough even before the economic meltdown: the average graduate leaves university £11,000 in the red. Now, with corporations tightening their belts, there aren't even the safe-havens of graduate training schemes to fall back on. For many seeking to bridge the gap between education and employment the solution has been to embark on unpaid internships. An internship at a top company can boost a graduate's future employability and can sometimes even be that foot-in-the-door that turns the internship into a full-time job. The problem is that the vast majority of internships are...


On October 29, 2009

Grad Debt: Beware the Internship-Benefits Paradox

Although the recession has affected nearly every social stratum in the UK, graduates and people aged 18-24 have had a particularly raw deal. Higher education leavers had it tough even before the economic meltdown: the average graduate leaves university £11,000 in the red. Now, with corporations tightening their belts, there aren't even the safe-havens of graduate training schemes to fall back on. For many seeking to bridge the gap between education and employment the solution has been to embark on unpaid internships. An internship at a top company can boost a graduate's future employability and can sometimes even be that foot-in-the-door that turns the internship into a full-time job. The problem is that the vast majority of internships are...


On October 29, 2009

Can Google Take on Wall St — and Win?

Dear Google,

Eric Schmidt recently said, "CIOs are trapped in a 1980's architecture." Actually, the world is trapped in a 1970's architecture: a financial architecture that was designed for a bygone era, without the prosperity of future generations and the natural world in mind.

So here's my challenge to you.

The global IT market is worth a few hundred billion bucks. But you're (still) the most innovative company in the world — and there are bigger fisheries to rescue. A better global financial architecture is worth 10x more: at least $12 trillion, if the amount spent on the bailout is any

Can you build one?

Every day, you handle more searches than the NYSE handles trades — and that difference, I'm guessing, is about to hit an order of magnitude more. Every day, you connect people, businesses, and communities in deeper and tighter ways than besuited beancounters do. From my tiny perspective, it seems that you just might be in the best position of any organization in the world to take on Finance 2.0.

After money, the first great financial innovation was bills of exchange. What's interesting about bills of exchange is that they're just, well, information. Their example makes the point: money, debt, derivatives — all are just information.

You're the veins for the informational lifeblood of the economy. Can you put that information far higher value use than search results for Balloon Boy? Can you help ignite new financial products, services, and platforms that — unlike Wall St's — create thick value, and make people authentically better off?

You used to solve the big, massive problems. I haven't seen so much of that lately. Now, that passion, courage, and refusal to accept the status quo seem to be shrinking to..."selling into" to an industry. Is corporate-itis setting in? Does rich and successful equal lazy and uninteresting?

Google Finance is nice. I like using it a lot. But if it created thick value — by really slashing search costs in finance — it would have prevented people, communities, and society from investing in toxic CDOs in the first place. It didn't. It's a pair of reading glasses, when what the world needs (to begin with) is the financial equivalent of an electron microscope.

What would a Googlier finance industry resemble? What would a more Googly set of capital markets look like? That's the $12 trillion dollar question. After all, markets are just search engines — remember?

You still think you're in the media business. You're not. In the 21st century, everyone's in the same business: the awesomeness business. It doesn't matter what you make, as long as it offers maximum awesomeness. And right now, better finance would be pretty awesome.

Yesterday, you used to change the world. If you think a bit harder, a bit smarter, a bit more disruptively — you still can. If you don't — well, the biggest catfish in a parched, dried up pond sure ain't the smartest catfish.

Tracked, ValueCruncher, StockTwits, and many more are the leading edge of a revolution — a revolution in what finance has been for the last several centuries, and what it must become in the 21st.

Maybe my Finance 2.0 Manifesto can help you — and everyone else — get started.


On October 29, 2009

GM “Cautiously Optimistic” About Sales Recovery

General Motors put on a bright face Wednesday, introducing new Vice President of U.S. Sales Susan Docherty (former Pontiac-Buick-GMC chief) in a conference call. With the auto industry still deep in recession and GM 100 days out of bankruptcy, she was careful not to artificially inflate expectations. “I’m not here to declare victory, but to talk about progress,” she said. “We have a long road ahead.” Docherty talked about “the new GM,” and asked rhetorically, “Are we going to slip back to the old ways? Well, maybe sometimes. Our priority now is getting our sales mojo back, to grow strong brands that can win hearts and minds and build a right-sized competitive dealer network.” One blow to GM’s mojo was nagging...


On October 29, 2009

Big Government is Here – Now What?

Not only is the writing on the wall, it's covered the wall and spilled onto the floor, the ceiling, everywhere. Big government has come to America. Now what? Do you suck it up and learn to live in the new world order or wait until the pendulum swings back the other way? I have a better answer.