Archive for June 22nd, 2008

One last comment on my series on Bed and Breakfasts as businesses for baby boomers. In my interview with Linda Stroup from Olde World B&B, she mentioned that some B&B owners get “sitters” or caretakers to take care of their business while they’re gone.

Sounds like a great idea to me. The owner can check out the person or couple and have some peace of mind that things are going to be taken care of properly while they are gone. The caretakers get to stay somewhere free and have plenty of time to do some sightseeing and relax. Sure they’ll have to work hard some days, but other days they might have no one staying, and they have the ability to take off for a while.

After my husband and I retire, we would consider this.  He’s a great fixer-upper, and I’m good at meeting new people and making new friends.  I do NOT do housekeeping, though (I figure if God wanted us to clean toilets He would have given us bowl scrubbers for hands) and I’m not a good cook.

I couldn’t find a specific site for B&B sitters, but I did find a couple of similar sites, like The Caretaker Gazette, a newsletter which provides listings of available places and people.

You could also check locally on Craigslist or a local service. Or start your own service.

What do you think?  Does B&B caretaking/sitting sound interesting to you?

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I recently read an excellent book, Gary Hamel’s The Future of Management. Essentially, he believes that corporate management approaches are antiquated. As a result, many companies are failing to innovate and grow.

But, Hamel has found a variety of companies that are building new management models. Of course, one is Google (NASDAQ: GOOG).

According to Hamel: “What makes Google one-of-a-kind is less its Web-centric business model, but rather its brink-of-chaos management model. Key components include a wafer-thin hierarchy, a dense network of lateral communication, a policy of giving outsized rewards to people who come up with outsized ideas, a team-focused approach to product development, and a corporate credo that challenges every employee to put the user first.”

That’s a lot, but it’s working quite well so far.

So how can your company get some Google magic?

Let’s take a look:

A great place to hang out: Do your employees really want to come to work? If not, there are some ways to improve the environment.

Take a look at GotVMail, which is a provider of voice mail services to small businesses. The company subsidizes lunch for employees. Not only is this a nice perk, but it keeps employees focused on their projects, provides convenience and, yes, means spending less on gas.

Another interesting case is Seventh Generation, which is the largest seller of green cleaning products. At Seventh Generation dogs are allowed at work, for example. Oh, and all employees get one massage every week.

Outsized Rewards: Several years ago, Google established its “Founders Awards” program. That is, if a group of employees pull off an incredible accomplishment, there is a opportunity to receive millions in stock rewards. No doubt, it’s led to some great innovations.

Actually, it’s probably a good idea to provide your key employees some level of stock options or allows. “My key programmer has lots of stock,” stated Bobby Kalili, who is a serial entrepreneur/investor and operates Yellowpages.travel. “When we’re working on a project, he often comes up with new features. This is something he probably wouldn’t do if he didn’t have an equity stake.”

Very special Titles: Metropark, which is hip retail chain, knows that its managers and store sales people need to have passion and motivation. To this end, they are actually called “Style Consultants.” There’s also an extensive training program to improve customer relationships (called “clienteling”). In addition, for the top “Style Consultants,” there are annual rewards, such as the Chairman’s Club, which involves a three-day offsite.

Tom Taulli is the author of various books, including The Complete M&A Handbook and The Edgar On the internet Guide to Decoding Financial Statements.

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Paul Michael Glaser is best known for playing Detective Starsky in the 1970s cop show Starsky and Hutch and has gone on to have a career as a TV director. Glaser has separated from his second wife, Tracy Barone. His first wife Elizabeth, who died from AIDS and contracted HIV through a blood transfusion during childbirth, founded the Elizabeth Glaser Pediatric AIDS Foundation. The home that Glaser and Tracy Barone Glaser shared in the town of Agoura is five bedrooms and includes a gourmet kitchen, walnut wide-plank floors and tasteful and casual decor designed for a family. The grounds include a dressage arena with lights and corrals, a pool and spa, gazebo, and a study/loft with views over the grounds. This home is listed at $2.424 million.

[via LA Times]

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Continue reading Paul Michael Glaser in Agoura, Estate of the Day

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From the Real Estalker:
–Oprah’s ideal friend Gayle King has put her six-bedroom home, shown above, in Greenwich, Connecticut on the market for $7.45 million. The listing is here.
–Rumor has it P. Diddy is spending $30,000 per month to lease a four-bedroom home with two pools in the hills above West Hollywood.
–The Real Estalker’s intrepid commenters have unearthed the property website for Ryan Philippe’s new home in West Hollywood, which was sold for $7.15 million.
Kristan Cunningham, former host of Design On A Dime and her partner Scott Jarell have put their Pasadena home on the market for $1.25 million. The couple bought the home in August 2003 for $729,000 and are now reportedly headed to New York where Cunningham works on Rachel Ray’s show. The listing is here it’s listed as looking for backup which means it’s in the early stages of being sold.
–E! On the internet recently reported that the Brad Pitt and Angelina Jolie have sold their New Orleans home. The pair is currently in the South of France awaiting the birth of their twins. The Real Estalker Mama checked out the property records which show that the home is still owned by a trust controlled by Brad Pitt.
– Peter Andre and Katie Price are house hunting in Beverly Hills
–Britney Spears has been reportedly checking out new real estate in gated communities in Calabasas.
– Kanye West has put the home of his late mother, Dr. Donda West on the market for $1.745 million. The three-bedroom home is located in Playa Del Ray. The listing is here.
–Mena Suvari has put her Venice, California home on the market for $1.795 million. It has already gone to contract.

From the LA Times Hot Property:
–Norm MacDonald just bought a two-bedroom ocean-view loft in Santa Monica for $1.8 million.
–David Duchovny and T

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Bank stocks continue to tumble - Minneapolis Star Tribune

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It seems the wristwatch is going the way of the sundial. Millenials aren’t wearing watches because they have cell phones to help them tell the time.

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I remember my mother wore a wristwatch on a chain around her neck because she was allergic to the metal in the watchband. (I wonder why she didn’t get a leather band?)

Do you still wear a wristwatch? Katie Couric, in her “Notebook,” said she still does. I certainly do. Even though I have cell phone on me at all times, I figure it’s more convenient to just glance at my wrist to see the time, instead of pulling out my cell phone.

Of course, some enterprising people now have come up with a wristwatch cell phone. All in one.  So now you can have it all.

Do you wear a wristwatch?  Or do you check the time on your cell phone?

The photo above shows a wristwatch connected to a cell phone via Bluetooth. The caption: Sony Ericsson and Fossil teamed up to create an attractive MBW-100 wristwatch that connects to your cell phone via a Bluetooth wireless data connection. (Photo source: newscom.com)

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