Comments for Decoding the new economy http://paulwallbank.com Business in the 21st Century Mon, 21 May 2012 05:46:37 +0000 hourly 1 http://wordpress.org/?v=3.3.2 Comment on Now Facebook’s challenges really begin by Paul Wallbank http://paulwallbank.com/2012/05/19/now-the-facebooks-challenges-really-begin/comment-page-1/#comment-22180 Paul Wallbank Mon, 21 May 2012 05:46:37 +0000 http://paulwallbank.com/?p=4216#comment-22180 That's a good question Dane. The answer is that investors see Facebook able to become five, or fifty, times more profitable. Warren Buffet once said that in the short run the stock market is a voting machine and in the long run a weighing machine. Right now, the punters have voted in favour of Facebook, whether the investment is weighty enough remains to be seen. That’s a good question Dane. The answer is that investors see Facebook able to become five, or fifty, times more profitable.

Warren Buffet once said that in the short run the stock market is a voting machine and in the long run a weighing machine.

Right now, the punters have voted in favour of Facebook, whether the investment is weighty enough remains to be seen.

]]> Comment on Now Facebook’s challenges really begin by Dane Westo http://paulwallbank.com/2012/05/19/now-the-facebooks-challenges-really-begin/comment-page-1/#comment-22170 Dane Westo Mon, 21 May 2012 03:50:42 +0000 http://paulwallbank.com/?p=4216#comment-22170 Google is valued at 20 x profit. Facebook is valued at 100x profit. How can the justify that? Google is valued at 20 x profit. Facebook is valued at 100x profit. How can the justify that?

]]> Comment on No exit by Dane Westo http://paulwallbank.com/2012/05/10/no-exit-the-problem-of-business-sales-values/comment-page-1/#comment-21601 Dane Westo Wed, 16 May 2012 09:23:56 +0000 http://paulwallbank.com/?p=4145#comment-21601 Jack Delosa’s has some very interesting thing to say about the impending exit of many baby boomers from the business environment. Jack Delosa’s has some very interesting thing to say about the impending exit of many baby boomers from the business environment.

]]> Comment on Taking care of our own by Kevin Maitland http://paulwallbank.com/2012/04/19/taking-care-of-our-own/comment-page-1/#comment-21570 Kevin Maitland Wed, 16 May 2012 03:11:49 +0000 http://paulwallbank.com/?p=3823#comment-21570 This is probably one of the most succinct explanations of the welfare expectant state that we (and Greece and lots of Europe) have become. A recent opinion I read rings very loud "what one person receives without working for, another must work without receiving" Many democratic governments around the world need to learn the lesson that you can't multiply prosperity by dividing it because this process has resulted in the failing financial structure and falling productivity we witness and results in the erosion of democracy itself. This is probably one of the most succinct explanations of the welfare expectant state that we (and Greece and lots of Europe) have become. A recent opinion I read rings very loud “what one person receives without working for, another must work without receiving”
Many democratic governments around the world need to learn the lesson that you can’t multiply prosperity by dividing it because this process has resulted in the failing financial structure and falling productivity we witness and results in the erosion of democracy itself.

]]> Comment on Spotting a security charlatan by Paul Wallbank http://paulwallbank.com/2011/11/24/spotting-a-security-charlatan/comment-page-1/#comment-21077 Paul Wallbank Thu, 10 May 2012 09:52:51 +0000 http://paulwallbank.com/?p=2984#comment-21077 Well it was six months at the time of writing. One of the interesting things with the Flashback worm/Trojan is that none of the Mac Apocalypse crowd predicted the first widespread Mac malware would come from third party software like Java. Which illustrates just how flaky many of these "security experts" are. Well it was six months at the time of writing.

One of the interesting things with the Flashback worm/Trojan is that none of the Mac Apocalypse crowd predicted the first widespread Mac malware would come from third party software like Java. Which illustrates just how flaky many of these “security experts” are.

]]> Comment on No exit by Ken Burgin http://paulwallbank.com/2012/05/10/no-exit-the-problem-of-business-sales-values/comment-page-1/#comment-21043 Ken Burgin Thu, 10 May 2012 04:19:51 +0000 http://paulwallbank.com/?p=4145#comment-21043 Gloomy, but no reason to doubt what you say. Anything less than a sparkling profitable business and a solid, affordable lease makes a business hard to sell. Planning for a sale is just as important as developing a hot concept. Gloomy, but no reason to doubt what you say. Anything less than a sparkling profitable business and a solid, affordable lease makes a business hard to sell. Planning for a sale is just as important as developing a hot concept.

]]> Comment on Spotting a security charlatan by Phil http://paulwallbank.com/2011/11/24/spotting-a-security-charlatan/comment-page-1/#comment-21030 Phil Thu, 10 May 2012 03:17:22 +0000 http://paulwallbank.com/?p=2984#comment-21030 Not still waiting after six months - see flashback virus and rather high infection rates on Mac. Otherwise agree Not still waiting after six months – see flashback virus and rather high infection rates on Mac. Otherwise agree

]]> Comment on Is the Paperless Office promise about to come true? by KC Truby http://paulwallbank.com/2012/04/29/is-the-paperless-office-promise-about-to-come-true/comment-page-1/#comment-20266 KC Truby Tue, 01 May 2012 23:34:38 +0000 http://paulwallbank.com/?p=4063#comment-20266 Today we are totally paperless. The mailman doesn't even come here any longer. A sect. service gets our mail and scans it into our paperless system. We use a smart phone to photo receipts on the road and print to pdf. We took our company paperless with a service called www.paperlessovernight.com They charge us $97 a week and they do EVERYTHING which includes naming and organizing the pages for work flow. Once they had our accounting documents they even did our bookkeeping for 97 cents a transaction, on line. The future is here in our office we have zero paper in the entire building. Not even post it notes Today we are totally paperless. The mailman doesn’t even come here any longer. A sect. service gets our mail and scans it into our paperless system. We use a smart phone to photo receipts on the road and print to pdf.

We took our company paperless with a service called http://www.paperlessovernight.com They charge us $97 a week and they do EVERYTHING which includes naming and organizing the pages for work flow. Once they had our accounting documents they even did our bookkeeping for 97 cents a transaction, on line.

The future is here in our office we have zero paper in the entire building. Not even post it notes

]]> Comment on The Mac malware threat by The end of Mac complacency | guidebuk.com http://paulwallbank.com/2011/05/19/the-mac-malware-threat/comment-page-1/#comment-19539 The end of Mac complacency | guidebuk.com Mon, 23 Apr 2012 17:25:56 +0000 http://paulwallbank.com/?p=2417#comment-19539 [...] privileges are one of the reasons why the Mac has historically been less prone to infection to virus infections than their Windows cousins. Microsoft made the decision in the 1990s not to tighten Windows’ [...] [...] privileges are one of the reasons why the Mac has historically been less prone to infection to virus infections than their Windows cousins. Microsoft made the decision in the 1990s not to tighten Windows’ [...]

]]> Comment on Culture beats strategy by Kevin Loughrey http://paulwallbank.com/2012/04/20/culture-beats-strategy/comment-page-1/#comment-19227 Kevin Loughrey Sat, 21 Apr 2012 00:03:23 +0000 http://paulwallbank.com/?p=3976#comment-19227 Paul, you are so on the mark with this one. Though your comments are mainly aimed at commercial enterprise, I see a lot of this in Government Departments, particularly Defence. The attitude of, "It's not my job" is a sure recipe for an unsatisfactory state of things to remain the norm. The "higher-ups" have others to do the menial administration for them and the "lower-downs" accept the status-quo as being unchangeable and any attempt to rectify things likely to be viewed as being a trouble-maker and therefore a CLM (Career Limiting Move!). Paul, you are so on the mark with this one.

Though your comments are mainly aimed at commercial enterprise, I see a lot of this in Government Departments, particularly Defence.

The attitude of, “It’s not my job” is a sure recipe for an unsatisfactory state of things to remain the norm. The “higher-ups” have others to do the menial administration for them and the “lower-downs” accept the status-quo as being unchangeable and any attempt to rectify things likely to be viewed as being a trouble-maker and therefore a CLM (Career Limiting Move!).

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