Tuesday, November 29, 2011

Serving the 99%

Lots of people are out of work.  Feeling betrayed by the system, they have taken their anger and their tents out and occupied parks.  
Certain politicians out there are telling them to quit their whining and just go get a job, like it's just that easy.  Recently, Fed Chief Ben Bernanke spoke of something called "structural unemployment", as distinct from "cyclical unemployment".  WHAH?  It means that your job isn't coming back.  Basically, the structure no longer includes your profession.  It looks like we just don't need any of those anymore. You've been unemployed too long, and that means you're less employable, because those months or years you've spent out of the workforce have caused you to lose skills , fall out of the loop on changes in your field, lose contacts, and mostly, they've made you desperate, which is somehow not so attractive to an employer.  You changed from being a person who was temporarily out of work to a person without a viable career.  As stated in an article I read recently, "20 people working on classified ads at Craigslist took out 20,000 jobs in newspapers." (great article, btw: http://queenstreetcommons.org/2011/11/14/the-job-is-dying-the-need-for-a-new-way-to-make-a-living/)

So now what?  Well, you can probably stop sending out those resumes printed on pretty paper.  One option is to become the type of professional that's in demand.  Apparently, there is currently a strong demand for astronauts, precision tool makers, genetic counselors, cyber security specialists and underwater welders.  But if you can't see yourself transitioning smoothly into one of these professions, it's time to get creative.

Think services rather than products.  Most of us don't want more stuff mucking up our houses, but plenty of people hire organizers to help them get rid of stuff.   Making a product requires equipment, facilities and supplies.  It might require R&D, marketing, warehousing and logistics.  Are you feeling tired just reading about that?  Hey look, another bill just came in the mail. 
Instead, be the marketing consultant to that person who makes those products.  You'll get paid even if the product doesn't sell!  Be the person who tweets and blogs and gets their product noticed.  Demonstrate your abilities rather than describing them.  Reinvent yourself, preferably as something that can't be automated or off-shored.  Declare yourself an expert at something, and establish your cred by constantly referring to your expertise on the internet, where everyone believes whatever they read over and over again.  

Remember those "team-building retreats" from the old dot com days?  You and your colleagues would camp out in the woods, and learn to trust and rely on each other by doing falling exercises?  In some ways, it's kind of like the Occupy thing.  You camp out together, and rely on each other for food and security.  Great networking opportunity!   The 99% are a huge customer base, and they aren't all broke.  Maybe you can facilitate team building exercises for the Occupiers? You could also cater to the Occupiers other needs.  Perhaps a tent pitching service or a service that drives their kids to school while they occupy something.  Maybe you can write clever signs for people who aren't naturally very clever.  Maybe you can help the protestors refine their message so that other people are more clear on what it is exactly that they want (maybe something less vague than "justice").  Perhaps a consulting service to harness that angry energy, and help the protesters transition into political careers.  Legal services will be needed to bail people out of jail.  The movement will need a good anthem (how are your songwriting skills?) and a documentary film. There will need to be funding (you can write grant proposals, can't you?) and websites (can you still do HTML?).  Business opportunities abound.  And there is a real opportunity to capitalize on the viral brand that the 99% have created.  Someone will shamelessly co-opt that brand for marketing purposes, so why not let that shameless person be you?  I'm sure McDonald's and Pepsi are already working on this.  But you can create the business network of the 99%, establishing an online marketplace for goods and services provided by the 99%.  Made in America.  With integrity.  Handcrafted, even. 

Darn, I just checked and the URL: wearethe99.com is already registered.  Of course.  So get moving already --- before this golden opportunity passes you by!

Tuesday, November 15, 2011

Unexpected Financial Benefits of Gender Reassignment, and other headlines you may have missed


I've been busy recovering from the Kardashian thing, so I haven't gotten around to finishing a new blog post, but I have been collecting some good headlines.  Here are a few of my favorites from the last few weeks (with very minimal commentary!):

1) Reebok Loses $25 Million Law Suit Over Fitness Claims. 
It turns out they don't actually give you a better butt.

2) Holly Madison Insures Breasts for $1million.  
The article in People Mag says Hugh Heffner's girlfriend "took out the policy in order to protect herself and others in her Las Vegas show".  From what?
I wonder what type of insurance that is….. business equipment?  Can she depreciate her boobs over the years too?  Was Kim Kardashian's butt insured?  Did she wear Reeboks?

3) Toy Maker Mattel's Sales Up Sharply Due to Strong Barbie Sales.  
It's good to know that in a weak economy people can at least still treat their daughters to a toy that will give them a permanent inferiority complex.  I wonder if Mattel ever test marketed "Unemployed Barbie" or "Drowning in Student Debt Barbie" (but still smiling and beautiful despite her many disappointments) to reflect a contemporary female role onto which every young girl can project herself.  No?  

4) Statistics Indicate the Birth Rate Has Fallen in Down Economy.  
That's easy, no one feels like having sex when they lose their job/home/life savings.

5) Cheating on One's Spouse May Be On the Rise in These Tough Times.
After extensive research, they discovered that extra marital affairs tend to boost the egos of those who are not feeling good about themselves.  Go Figure.  

6)  Sex Change Surgery is Now Tax Deductible.
Just when you thought all the headlines were depressing, we finally get some good news about taxes!   The tax code is written to encourage certain behaviors:  Letting you write off mortgage interest subsidizes home ownership, letting you deduct charitable or retirement contributions encourages giving and saving.  So I guess maybe with this tax break, the government is encouraging gender reassignment.

So in summary, go buy your son a Barbie, because later, if he wants to realign his body with his inner gender identity, it will be tax deductible, and he can insure his new breasts so they don't hurt anyone.  And while the Reeboks won't help his butt, treating his "gender Identification Disorder" may make him happier, reducing his need to cheat on his spouse and making him want to have more sex even if he can't find a good job (although it may not increase the birth rate).

Do you have any favorite headlines or commentary to contribute?  I think you're supposed to click the little pencil icon.

Wednesday, November 2, 2011

Divorce, part II; Kardashian Style


No sooner had I posted my article on divorce than Kim Kardashian announced hers (I'll wait while we all collectively gasp in disbelief).   
My article addressed the subject of managing the high cost of divorce, but Kardashian actually managed to go far beyond managing costs ---- she actually turned a profit!  Granted the lawyers haven't done all their work yet, but I still think she comes out ahead financially.  
Here's the math:
The wedding cost about $10 million, which I don't think included the cost of Kim's 20 carat ring ($2 million).  Her earrings ($5 million), and her headpiece ($2.5 million) were apparently borrowed.
Kim and Kris apparently made $18 million on the wedding itself through various "media partnerships", like letting E! film and broadcast the event for $15 mil and selling the pictures to People magazine for $2.5 million. 
So the costs were about $12 million (give or take) and the income was about $18 million.
That's like a 150% return in 72 days.  Nice!
We don't know how much Kim paid her lawyers for writing the prenup, but that will save her money in the divorce process.
In any case, Kim proved me wrong; divorces are apparently not a financially devastating event after all.  They are a profit source to leverage, if you're Kim Kardashian.  All moral judgement aside, Kim gets an A+ in business!

The other headline today was that Frank McCourt has agreed to sell the Dodgers.  As I mentioned, his divorce is costing about $19 million.  Maybe he should start dating Kim Kardashian.  Despite his vast experience relative to hers, she can probably teach him a thing or two about business.