FORECLOSEDmaps.com

3

Category : iProv, LLC, Web 2.0

I know… I know… it’s been over a month and everyone has stopped reading this. But, I’ve been working really hard on a new project! And we’ve just released it! The project is FORECLOSEDmaps.com.

FORECLOSEDmaps.com scrapes a bunch of web site finding foreclosed properties and stores it in our database. Then, we tie the properties into Yahoo! Maps. This allows you to see a big picture of ALL the foreclosures in central Arkansas.

Screen Shot of FORECLOSEDmaps.com

Investors are then show flags for each property in foreclosure. If they click on the flag, they can see details about the property including address, owner information, lender information, estimated auction price, contact information, etc.

The big idea is that investors can make a more informed decision if you present them information that is easily comprehended. There are over 190 foreclosures in Pulaski County… There is no way you can comprehend all 190+ properties… unless you are using FORECLOSEDmaps.com.

A New Years Resolution

3

Category : Personal, Speeches

Well, it’s been a while! One of my New Year’s Resolutions was to post regularly. That obviously isn’t going as planned. The holiday’s are busy for everyone and with the added pressure of year-end stuff, it’s really easy to fall behind. I also enjoy trying to think of goals for the New Year. As I began asking people about their goals, I found that many people don’t make goals. And, the people who do make goals don’t understand their purpose.

So, I thought I would outline how to make goals. But first, let me tell you why you need to make goals.

Goals allow you to set milestones and judge performance. Additionally, goals usually aren’t as easy as a single step. For instance, most people say, I want to graduate college. Notice, the goal is to graduate college. Well, to graduate college you have to first graduate high school or take your GED. Then, you have to score above some minimum on either your ACT or SAT. The point is, you can’t just graduate college without accomplishing some intermediate goals first. It’s good to have a big picture (ie “I want to be the President”) but you have to outline goals to allow you to accomplish these things.

That takes me to my first point:
Look at the big picture. Goals should always be a stepping stone toward the big goal. Maybe your goal in life is to be the President of the United States. Each intermediate goal (aka New Year’s Resolution) should get you closer to your big goal. You can have multiple big goals, but make sure all of your intermediate goals are working toward your big goal.

Goals must be measurable.
At the end of the year, you need to be able to look back at your goals and say “yes” I accomplished that. Or, you have to be able to say “no”, I didn’t accomplish that because of X. Either way, you can’t say things like “I want to be a better person”. Try saying, “I will donate $10,000 to a charitable organization” or “I will make it a point to say hello to 3 strangers”.

Goals must be attainable. Anyone who sets unattainable goals is doomed for failure. Subconsciously your brain gives up and you forget about meeting the goal. Shoot for the stars but understand that you’re smarter than any empty promises on a piece of paper.

Goals must promote your well being. Yes, don’t set goals that allow you to sit still. I guess this is the definition of a goal but either way, understand that your goals are set to make you a better person. Maybe your goals are professional, personal, or spiritual. But, either way, let your goals bring you up, not down.

Phoogle, Google, and RJsBlog

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Category : iProv, LLC

A company just created a php class that can be used to implement PHP and Google Maps. I’ve tried it out and it works great. I’ve created a little application that allows you to pinpoint multiple locations. Check it out. Be sure to read the directions.

Check out the RJ’s Phoogle Implementation. I’ve also used this little tool to find an acceptable color schemes.

NOTE: The design of this utility does not pass the design standards of iProv, LLC.

Leadership

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Category : Business Topics, Project Management

Leadership Is Enthusiasm

We find ourselves intrinsically attracted to passionate and excited people

Leaders often find themselves in familiar situations

Leaders are usually trend spotters. They see the trend and move toward that trend and merely ask people to “follow them”. The people would probably get there without the leader. But, in no way, is the leader worthless. Most people are followers and followers need leaders.

Creation of a Project

2

Category : Business Topics, iProv, LLC

There are some really neat ways to foster action. Here are a couple that I thought you might be interested in.

Get a College Team to Develop an Application – Joel Spolsky has done a great job at FogCreek with what he calls, Project Aardvark. He recruited four Ivy League interns and instead of wasting their talents giving them the usual dull and unimportant tasks of a typical summer internship, we decided to let the interns create a complete new software product, from beginning to end, over the course of one summer. FogCreek now sells this product and has developed a documentary film based on Project Aardvark.

Get a College Team to Develop a Marketing Campaign – The project explained above can be applied to any type of project that has an end goal. This project could be a computer application, marketing campaign, building restoration, office design, etc. Be creative but have a goal with specific deliverables.

Have a One Day Hackathon – What’s a hackathon you ask? Well, all of the engineers (and even some of our “business people”!) showed up in the conference room at 9:00am with ideas for projects that could be designed, implemented, and tested in a single day. We tossed around the ideas for a little while to determine which ones would be the biggest hit with our publishers and by 9:30am everyone left with their assignment: Put everything else on hold and complete their project by the end of the day.

http://www.burningdoor.com/feedburner/archives/001299.html

http://www.burningdoor.com/feedburner/archives/001299.html

Serendipity

Category : Business Topics, Personal, Speeches

You run into opportunity as you run toward an opportunity. You can’t expect opportunities to run into you and you’ll never see an opportunity unless you’re moving toward something.

Brad Feld on Products vs Services

Category : Business Topics, iProv, LLC, Web 2.0

Just listened to an interesting recording by Venture Voice that interviewed Brad Feld. Feld started off as a high risk entrepreneur (software company and bootstraped) and moved into angel investing, and then started an investment company.

He pinpoints my reasons to focus on product development rather than services. As he grew to 20 people or so, he ran into scaling issues. If he grew to 40 people he’d obviously double the revenue, but his profit would probably be exactly the same.

He advises consulting companies to start small, bootstrap, and make sure that you create more demand before adding more people. Very slow, clear, profitable growth. He says, like most people, he stumbled into a consulting firm. He also talks about consulting companies wanting to become a product based companies and failing… or just talking.

He also talks about how to get funded which why, I think, most people are listening. He says a lot of good thing such as “The Business Plan Evolves… it’s never complete”, “Intellectual horsepower has to be tempered with experience”, and “I think the business plan is a really, really useful tool for an entrepreneur in terms of framing out what he or she is thinking about building.”

If you’re like me, which I think the people that read this are… I’d recommend you read this.

Wiki for What

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Category : iProv, LLC

Tonight, in about 5 minutes, I installed a wiki for the office. Some of you many have heard of Wikipedia which allows ANYONE to edit the pages. This creates a “community” learning enviornment. It’s a great concept and has been extremely successful at Wikipedia. If you haven’t checked out Wikipedia, I strongly suggest you go and do some research there. If you’re too smart for an encyclopedia, I’d suggest you go there and share some of the knowledge by writing new terms and adding to existing topics.

In an office enviornment there is a lot of information John knows and should relay to Chris. An office could use a wiki to share this information.

Tonight, in about 5 minutes, I installed a wiki for iProv. You can see our wiki at www.iprovinternal.com/wiki. Now, I know its cool and I think it will be extremely useful. But, my questions is, how can we take full advantage of this?

My current ideas include:

  1. Customer Relationship Mangement
  2. Public To Do List
  3. Business Plan Development
  4. A Democratic Policies and Procedures
  5. Coding Standards
  6. Books to Read
  7. Things to Buy

What are other ideas?

New Web Site

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Category : iProv, LLC

Our new web site is at www.iProvOnline.com!

Project Management

7

Category : Business Topics, Project Management

I was thinking about our many projects at iProv today during church. We’ve got a pretty solid process for managing our project but there are some hand-calculations that still have to be made.

As most of you know, the majority of my job is project management and new business. I can’t really teach you how to come up with creative solutions but I can talk just a little bit about project management. This blog entry is going to focus on proposal development, project evaluation, and break even points.

At iProv, we break projects into “days”. If your business breaks things into “hours”, you will have to do a little modifying.

Proposal Development
When you look at developing a project, use this formula

  1. $ per day = (Amount of Money You Want Your Organization to put in it’s Pocket Each Day) + (Price of an Employee Per Day * Number of Employees Working)
  2. Total Project Price = ($ per day) * (total number of days in the project)

Sure this is simple, but many people try to make this a lot more confusing. The “$ per day” is what the organization profits each day.

Break Even Date
After the customer agrees and signs off on the project, take a look at the start date and figure out what day the break even date is. You may tell a customer that the project will be done on January 1st. But, b/c the customer puts the project on the back burner, it won’t get done until March 1st. It’s fine b/c the customer doesn’t get mad at you but you’ve got to keep paying your employees each day. The longer the project goes on, the more it cuts into your organizations profits.

  1. # of work days for break even = (Total Project Price) / [ Price of an Employee Per Day * Number of Employees Working ]

Project Evaluation
After the project is done you can evaluate the project and see what your organization made after the project was complete. To do this, just reverse the Proposal Development.

  1. $ per day = (Total Project Price) / (Total # of days in the project)
  2. net profit per day = ($ per day) – (employee price per day * Number of Employees)

Good luck on your next project!