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Meet Your Community-Building Team |
Meet Your Community-Building Team Posted: 10 Jun 2013 07:21 PM PDT Posted by Mackenzie Fogelson Building a community around your brand isn't just about the strength of your social media presence. It’s not about how you manage your social media outlets or whether you’re on Facebook, Google+, or Twitter. It’s not about how many blog posts you write or how often you use video or email marketing. If you want to build your business and a community around your brand, you've got to provide value. You’ve got to create the right content. You've got to effectively integrate SEO. And, most importantly, you've got to have the right team. And I’m not just talking about your marketing team.
Time to drop the silos |
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Perfect doesn't mean flawless. Perfect means it does exactly what I need it to do. A vacation can be perfect even if the nuts on the plane weren't warmed before serving.
Any project that's held up in revisions and meetings and general fear-based polishing is the victim of a crime. It's a crime because you're stealing that perfect work from a customer who will benefit from it. You're holding back the good stuff from the people who need it, afraid of what the people who don't will say.
Stop polishing and ship instead. Polished perfect isn't better than perfect, it's merely shinier. And late.
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Mish's Global Economic Trend Analysis |
Posted: 10 Jun 2013 08:32 PM PDT Curve Watchers Anonymous has its eye on the Australian dollar. As expected, it has taken a big dive in conjunction with a housing bust and a slowdown in China that impacts the demand for commodities. click on chart for sharper image The only thing surprising to me about this plunge is how long it took, but here we are. Aussie Falls to Lowest in More Than Two Years Bloomberg reports Aussie Falls to Lowest in More Than Two Years as Home Loans Slow Australia's dollar fell to the lowest in more than two years versus the greenback after home-loan approvals grew at the slowest pace in three months, boosting the case for further cuts to borrowing costs. Australian Insolvencies Hit Record Why anyone would think housing would make up for a downturn in mining is certainly a mystery given Australian insolvencies hit record for month of April. A new April record has been set for Australian companies becoming insolvent. Some 941 firms were put under administration, marking the highest tally for that month since records were first made public in 1999. Worst Yet to Come For Australia, the worst is yet to come. Australia escaped a big economic bust in 2008 because of high demand for housing and commodity demand from China, but both sectors are in the tank now, and will stay there. China is slowing and will continue to slow, Australia labor costs are ridiculous, the Australian housing bubble has burst, and commercial real estate has only one way to go: down. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. |
Fear of Missing Out Sparks Covenant Light Lending; "Return of the Silly Season" Posted: 10 Jun 2013 10:28 AM PDT With the Fed forcing interest rates low, commercial and industrial lending has picked up. That may sound like a good thing, but is it? I suggest it's not. Competition is such that "covenant light" lending has returned in full force. "Cov-lite is financial jargon for loan agreements which do not contain the usual protective covenants for the benefit of the lending party." Flood of Cheap Money Sparks Covenant Light Lending Please consider Covenant-light lending making its presence felt again Competition is feral at the institutional end of the banking industry, where quantitative easing is creating a flood of cheap money, and in the big banks a recent development has everyone talking: covenant-light lending appears to be making a comeback. J.C. Penney Loan Arranged by Goldman Sachs Is Covenant-Light On April 29, Bloomberg reported J.C. Penney Loan Arranged by Goldman Sachs to Be Covenant-Light J.C. Penney Co. (JCP), the retailer that's working to rebound from its worst sales year, will offer fewer safeguards to lenders on its $1.75 billion financing.Surge in Commercial lending Raises Bubble Worries Yahoo! Finance reports Surge in commercial lending raises bubble worries. There was a time when robust growth in U.S. commercial loans was seen as a good sign for the economy, but this year a double-digit surge is being seen as a red flag.Return of the Silly Season The Fed wants corporations to hire workers and expand their businesses. Instead, the Fed has ushered in "silly season" lending competition that is good for corporate profits, but bad for banks should some of these companies get into trouble. And with a slowing global economy it's a sure thing that yet another credit bubble is brewing. Fear of Missing Out Banks fear "If the trend continues and they don't join it, their share of the institutional lending market will fall". This sounds similar to a statement by former Citigroup CEO Chuck Prince: "When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you've got to get up and dance. We're still dancing". Prince made that statement on July 10, 2007. Recall that on November 2, 2007 the Music Stopped for Chuck Prince and he did a two-step out the door. It's hard to say when the music stops this time, but it will, with similar results. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. |
Chinese Economy Grows at Slowest Pace in 13 Years; What's Next for China? Posted: 10 Jun 2013 02:41 AM PDT Inquiring minds note the growth slowdown in China: China's economy stumbles in May, growth seen sliding in Q2. China's economy grew at its slowest pace for 13 years in 2012 and so far this year economic data has surprised on the downside, bringing warnings from some analysts that the country could miss its growth target of 7.5 percent for this year.Pollyanna View I certainly have no difficulty believing reports that China would slow dramatically given I have been calling for exactly that. Rather, my problem is the Pollyanna view that China is going to stabilize anywhere near 7 percent. 2 percent is more like it. Given declines in energy usage, I rather doubt China is actually growing fast as claimed right now. For more on the China growth debate, please see ...
Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. |
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Damn Cool Pics |
Posted: 10 Jun 2013 05:29 PM PDT |
How to Troll the Junk Mail Sender Posted: 10 Jun 2013 03:47 PM PDT |
Good Sport Plus Size Woman Meme Posted: 10 Jun 2013 12:52 PM PDT |
How the Humans Will Look Like in 100,000 Years Posted: 10 Jun 2013 11:57 AM PDT Dr. Alan Kwan and several other geneticists showed the human faces of the future. This is what human faces may look like 20,000, 60,000 and 100,000 years later. Via Forbes According to Dr. Kwan, the changes might include: • a larger head to accommodate a larger brain • larger nostrils for easier breathing in off-planet environments • denser hair to contain heat loss from a larger head • eyes getting larger, as attempts to colonize Earth's solar system and beyond see people living in dimmer environments farther away from a sun • skin becoming more pigmented to lessen the damage from harmful UV radiation Today In 20,000 years In 60,000 years In 100,000 years |
The Ultimate Guide to Fresh Juicing [Infographic] Posted: 10 Jun 2013 11:09 AM PDT There are tons of incredible health benefits from drinking fresh juice that many people aren't aware of. Research has found that drinking fresh pressed juice can improve sleep, increase energy, decrease stress, and even lead to a long life. The following infographic breaks down these benefits along with the differences between pasteurized juice and fresh juice, and much more. Read on to learn all that you need to know about fresh juicing! Click on Image to Enlarge. Via BELLA NutriPro |
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