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Showing posts from 2010

M&A driven by greed

"They made the critical errors of focusing attention only on strategic investments and concentrating on the technology instead of the financial situation." That's normal and understandable as you probably heard of the "nerds running the company". The most  recent example is in 2000-2001, when the bubble in IT burst with a lot of money disappearing. Which proves that business sense is rarely coming only from a simple idea (although my professor in Entrepreneurship tried to convince me otherwise - "play with other people's money") and high hopes. Is the small company making a strategic plan to move upwards in the market or is only a matter of surviving and figuring out as the future unfolds? Unfortunately you will see "the survival mode" prolonged in the life of the SMBs.

build for strength

Posting for a new employee 1. Who is interviewing is giving you clues about the company I like when you are stepping into a new company. Although right now I'm more sensitive to the external signals (thanks Agatha !) and body language of the people interviewing me. I'm like an sponge ready to absorb and confront my ideas/past experiences with what's happening at that right moment. I'll enumerate my first days in every company I worked for, and I how I evolved from a timid and shy vegetable to a sly dog ( I like to compliment myself, till someone will do it in the posts !). At one job interview, the guys invited me to a table where a dried noodle were wrinkled in a corner. Not big deal, after a Eastern-European ( a.k.a Russian like) army service experience but that told me the lax atmosphere, the informal relationship and a flat organization hierachy. I was in a suit, tie and shinny shoes, leather briefcase and eager to impress. One of the guys came in t-shirt I u...

VoIp in Canada

It's a well known fact the price for basic services is high in Canada. You can ask yourself why the prices for basic phone line, TV subscription or basic mobile phones is outrageously high and the only explanation is the low number of incumbents in each industry, their commodity of crying foul to regulators when other big players try to invade their territory, invoking "social aspects" of their services for all Canadians and the "complacency" of the political parties. My frustration covered the well known facts in the "competitive" industries in Canada - telecommunications, banks, transportation, wireless telecom, media distribution. Here I want to tell about a personal history, our family switching to VoIP. I knew about VoIP telephony and used NetMessenger, then Yahoo and lastly Skype, but at home I continued to pay $34 for almost nothing. So after a few investigations I bought the services of Vbuzzer, a Canadian company which for $60 per year will pr...