Milton Young dot com

The Perfect Business and Online Retail in General

March 22nd, 2007

Let me refer you guys to a potentially life changing document called The Perfect Business– by Richard Russell.You’ll find that internet businesses meet many (maybe even all) of the characteristics of a perfect business.

The reason why I feel that e-commerce is the best is because of low high start up costs with a huge margin for potential.

  • “2004 online retail sales rose 23.8 percent to $89 billion, representing 4.6 percent of total retail sales. Including travel, online sales also rose 23.8 percent to $141.4 billion. Online retail sales will reach $109.6 billion [in 2005]. Online sales including travel will rise to $172.4 billion this year.” — Forrester

This means that the internet is a great place to do business, and it’s constantly growing. It can be just as profitable as running a brick and mortar (real life) store, but is easier to manage because of a variety of programs that you can use.
The fruits of labor show almost immediately, compared to traditional brick and mortar companies. You can monitor traffic at pin point accuracy and know how you’re doing, where people are coming from and where they are exiting from. This allows you to plug holes that you might have, that you wouldn’t otherwise be able to see in real life.

There are dozens of monetization methods on the web like Google Adsense, Yahoo Publisher Network, Azoogle, just to name a few.

Movie Review: “300″

March 19th, 2007

Simply put, FREAKIN’ AWESOME!

300 Film Picture

I liked it a lot, it gave exactly what it sought to give. It had everything that I wanted and more. Rhinos, elephants, you name it — it had it! The battle scenes were well made, very vivid, you could see the effort that was put into making the film. I mean, I’ve never seen someone cut open before, but if I did — I’m sure it would look something like what I saw in 300, that’s for sure.

What I liked the most about it was the essence of a Spartan, the never retreat, never surrender attitude. People need to understand that those people were built to be like that, and that very few people today have that kind of attitude about anything. People are just willing to give up very easily in most everything, which is one of the problems in society today.

One of the things that captured my attention was their freakin’ buffness. Like holy hell, it makes me look at my biceps and go uhm… I’m as buff as when they were kids. It makes me want to do something, like work out.

For huge movie buffs, this would probably be “okay” at best. It’s kind of simple minded, but when you look at the demographic — how many people are movie critics? I feel that Zack Snyder sought to give a crazy glorification of blood frenzy with a few plot nuanaces and such, but for the most part — it wasn’t on the agenda. This isn’t an intellectual WOW I DIDN’T KNOW HE WAS SCHIZO movie, this is a beat em’ up slashy slashy movie.

Sparta Film

Gerard Butler’s portrayal of King Leonidas was frikkin’ right on key. It was one of the most believable acts I’ve seen in a very, very long time. He even said himself that it was his destiny to play the role. Now if it’s someone’s DESTINY to play a character, it’s for damn sure that they’d play it right, and play it good at that.

For those who play WC3: Dota Allstars, watch for the guest appearance of Pudge!

I would recommend this movie to anyone, it will definately go down as one of my favorites. I don’t buy a lot of DVDs, but I’m sure I’d take the time to pick up this one when it comes out.

Business Theory: The Power of Differentiation, Being Special

March 17th, 2007

I now believe that the worst thing you can do when selling a product is to sell what everyone else is selling because it’s hard to turn a profit. You’d have to slash your prices to match your competitors over and over, until no one makes much of anything.

The idea is that if you’re selling kitchen cabinets and they’re selling like hot cakes, it doesn’t necessarily mean that you can tap into that market because the people who sold it first have already built up their name, loyal customers, contacts, and are a step ahead of you.

The power in differentiating yourself and offering something special is that you’ll have very little competitors. That means anyone who wants what you sell will buy what you have because you’re the one of the few that have it.

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