Archive for July 25th, 2008

 

What work I’ve done I’ve done because it has been play. If it had been work I shouldn’t have done it. Who was it who stated, “Blessed is the man who has found his work”? Whoever it was he had the right idea in his mind. Mark you, he says his work–not somebody else’s work. The work that is really a man’s own work is play and not work at all.
Mark Twain

Image by Steve Ford Elliot from sxc.hu

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 Baby boomer Randy Pausch was a computer science professor at Carnegie-Mellon University.  Last September he gave a lecture at Carnegie-Mellon as part of a series titled “The Last Lecture.”  This day he died in Virginia, at the age of 47. 

As he started the lecture he announced that he was dying of pancreatic cancer.  Then he went on to talk about life and living, with humor and wit, and his lecture was an immediate phenomenon.  A few months ago, a book about The Last Lecture was published by Hyperion and there is, of course, a website called The Last Lecture.  It was also an immediate hit, and I’m sure it will touch you as it toued me.  I watched the video on YouTube last fall and I was both sad and happy.  Dr. Pausch taught all of us about how to live as if you’re both going to die and as if you were going to live forever. He also taught us how to state goodbye.

The world has lost a great human being and is a lesser place because of his passing.  I’ve included a YouTube video of the entire lecture; it’s over an hour long, but well worth watching.

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Yesterday I showed you a restored chapel, today’s home has a similar style but is very new. This home was part of the Street of Dreams in Longwood, Florida this year, in fact it was the winner, for best in show, landscape design, architectural design and interior design. The Grand Chateau d’Usse is on three acres in the the new home development of Lake Club of Markham Woods Rd.

The ornate five-bedroom home has an Italian theme starting with 30′ travertine arches on the exterior. Inside this home, has a formal living room with a floor-to-ceiling fireplace. There is also a formal dining room for diner parties, which are made easier by a wine cellar and a caterer’s kitchen. The home is full of extravagant details such as a bookshelf filled den which hides a hidden door that takes you to the master bedroom closet which is huge enough to include a laundry station. The master suite includes a fireplace, computer-controlled shower and a hidden television as well as a private patio. The wood theater room has its own bar and beverage center. The pool area includes a lazy river, island seating, fire pit, waterfall, and three beach areas. One wing of the home has two guest cabanas which open out onto the back patio with the summer kitchen, TV, fireplace and bar. It is listed at $9.7 million.

For more prime properties and lush locations, see Luxury Homes and Mansions.

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Continue reading Chateau d’Usse, Estate of the Day

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Windows Small Business Server 2008 RC1 released - Bink.nu

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As I wrote a week ago, we’re in the down swing of a market cycle.  Miranda Marquit, over at Yielding Wealth, wrote about this same issue, and she included a list of the recessions we have experienced over the past few 80 years, staring with the “Great Depression.”

If you want a dramatic visual representation, check out this historical trend line for the Dow Jones Industrial Average.  All those tiny “down blips” are recessions.  But the market continues to grow.

The long-term average return on the market since 1929 has been 10.4%, even though Crestmont Research says we shouldn’t expect this level of return in the future (long technical analysis included in this link).  Even if this is true,we should expect some level of return above inflation.  What do you think?

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Technology Concepts 1

Sean Kelly over at Franchise Pick suggested that you might be interested in what he found out about a new “business opportunity” - RedBull vending machines.  It sounds like a great opportunity for a baby boomer who is retired or semi-retired, and who has time to install/maintain/fill vending machines. While these kinds of businesses are not strictly franchises, they do have some of the same characteristics.

Like other such “opportunities,” though, this one has a huge problem.  Apparently, RedBull is sold exclusively to distributors.  So a company called CCA sold RedBull vending machines to people who didn’t know they weren’t going to get any of the popular drink to put in them, because the distributors had exclusive rights to sell RedBull.  Read more about the whole horrible dilemma at Franchise Pick.

Lessons Learned:

  • Research the business carefully, including the competition.
  • Talk to others who have bought into this concept, to find out what their experiences have been.
  • Search the internet for information, including BizOpNews and Unhappy Franchisee.
  • and of course, check out Franchise Pick for the most recent information.  If you don’t see the company listed, send Sean an email and ask.  I’ll bet he knows something.

(I know this photo isn’t the right Red Bull, but why should I give them more publicity?)

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