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  1. MattThomas

    What's The Difference?

    I do agree that a lot has to do with the goals you set. If you are only aiming for a $100,000 profit, you probably aren't going to make more than that. What struck my attention about your post was the amount of TIME it takes to build your business to this level. Again, this may be in part...
  2. MattThomas

    AIG Investment?

    INVESTING 
    Absolutely, 100% correct. I couldn't agree with you more (except he doesn't always look to get a seat on the board). I was merely pointing out that a gauge of success that Buffet uses is NOT looking at short term fluctuations. Agreed though, he does look for, as you suggested: well managed...
  3. MattThomas

    AIG Investment?

    INVESTING 
    I think the Warren Buffet quote said it best. Looking at the short term fluctuations isn't going to make you very happy at all. So no, you wouldn't feel great about your return after ONE DAY. But consider your return after five years. What if you bought the stock at $.65, and purchased $10,000...
  4. MattThomas

    Some perspective?

    FUNNY 
    Love it! He is exactly right though. There is so much to be thankful for and so many advancements we have seen...even in the past five years. I think everyone as a whole should adopt more of this mentality and look at all the positive aspects of our life instead of the one depressing thing...
  5. MattThomas

    When was the last time . . .

    INVESTING 
    That's exactly right. Short term market moves are just that--noise. We can get depressed by the short term declining values of the Dow or S&P, but the fact is that unless you are in need of your equity investments within the year, you really shouldn't worry that much about it. As we have...
  6. MattThomas

    Sons of Liberty

    WEB/DIGITAL 
    I have seen this Wordpress theme before and I am a big fan of it. I like that it is minimalist but utilizes a nice, attractive banner. Good work, I like it. And I agree with 365 that perhaps some picture of the band somewhere on the blog would be a good idea.
  7. MattThomas

    Photoshop, Illustrator, Gimp - Do you Know it?

    Do you have a link? Is this image a background image or is it just a regular image coded in with an img tag?
  8. MattThomas

    Starting a cardroom

    I'm not too knowledgeable about this field, but wouldn't creating any kind of online gambling/casino/poker website allow you to bypass state regulations? You'd have the benefit of not having to pay the overhead of, say real estate expense while also reaching a much broader audience. I know...
  9. MattThomas

    My offline marketing flyer 1st draft......IM EXCITED

    MARKETING 
    Just two typos I noticed: Web Sites: Need to get your site up and running, KALITECH Services can help. Should be: Web Sites: Need to get your site up and running? KALITECH Services can help. Print Party Flyers: Is printing flyers costing you, we can help. Should be: Print Party Flyers...
  10. MattThomas

    The Most Important Lessons Learned as An Entrepreneur

    Wow I really liked his point that life is long. Being impatient that you haven't made a million yet at your age is only going to discourage you. If instead we focus on where we are now (not where we aren't) and where we want to be in the future, we will be a lot more encouraged and motivated to...
  11. MattThomas

    AIG Investment?

    INVESTING 
    I think it is definitely worthwhile to take a chance with a long position. The government obviously is committed to keeping the company from failing. You'd just have to utilize a "buy and hold" strategy for long term. If you look at short-term fluctuations it will drive you crazy and you'll only...
  12. MattThomas

    Wiki's

    WEB/DIGITAL 
    Just a thought, as I don't know how this would work with Wikis, but if the information is specific and highly specialized enough, could you charge people a subscription to view it? I know that might be slightly counter-intuitive since the concept of a wiki is for everyone to be able to add to...
  13. MattThomas

    Market Research/Feasablity Study

    There is indeed a lot of merit to just jumping in and starting up, rather than doing extensive research. You will learn a lot that way. However, doing at least some due diligence will prevent you from making potentially costly mistakes.
  14. MattThomas

    Pet Caskets

    Completely agree. Pet owners are treating their pets more and more like humans every day. I think there is a tremendous amount of promise with this business idea and I think that the demand will only continue to grow.
  15. MattThomas

    What are some of your favorite blogs?

    I love Tim Ferriss's blog as well as Zen Habits, as others have mentioned already. I enjoy reading Problogger and have heard some great things about Quicksprout.com and ducttapemarketing.com
  16. MattThomas

    I woke up $30k in debt today

    It definitely sucks, but when it comes to leading a country, especially the US and especially during a recession such as this, there is no right answer. We really have to cross our fingers an hope that these decisions will actually help. Us entrepreneurs can to do our part by continuing to...
  17. MattThomas

    Market Research/Feasablity Study

    Google trends and some google keyword research is pretty useful, as well as using their keyword tool. Checking different forums and groups (ie: google and yahoo groups) can be very useful in getting a good understanding on what benefits consumers want in a given product. I like just surveying...
  18. MattThomas

    50 Most Innovative Companies 2008

    Thanks for the post. Definitely agree with the top 4. Team Obama is a great pick for the number one spot, as Obama's use of technology to reach out to the American people has been quite revolutionary in my opinion (as far as politicians go). Google and Apple probably need no further...
  19. MattThomas

    Movie Recommendation ... American Gangster

    Wow, interesting. I only saw very small bits and pieces of the movie, but I will be sure to rent it now. Thanks for the tip!
  20. MattThomas

    Down the Drain...

    HOT! 
    Like Mr. Pink said, you'd be surprised. Not only is there plenty of unmet demand, a lot of what is supplied to consumers by businesses is substandard. Think about processes you can improve upon or things customers are unhappy about. Is there an industry rife with poor customer service? Could...
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