Jeff Jarvis on cash cows

Having a cash cow distracts companies from the future. It makes them complacent: ‘Look at all the money (still) rolling in.’ It makes them think that if they just tweak this and that — if they can still get away with raising their rates even as their audience and value are shrinking — they will continue to keep milking cash from that old cow. It makes them overly cautious: ‘Nobody hurt Bessie!’

And politically, the guys in charge of the cow don’t want anybody inside the company competing with them: no new products, no new power centers, no one else to set strategy, no one else to use resources. They win because, of course, they’re the ones bringing in the cash. Nevermind that they’re the ones stopping the company from building for the future. They’ll tell you that’s not their job. They’re there to protect the cow.

From a Jeff Jarvis post on Big Media

“Blind hatred instilled by militant Islam”

“The killers always allege particular gripes — Australian troops in Iraq, Christian proselytizing, Hindu intolerance, occupation of the West Bank, theft of Arab petroleum, the Jews, attacks on the Taliban, the 15th-century reconquest of Spain, and, of course, the Crusades. But in most cases — from Mohamed Atta, who crashed into the World Trade Center, to Ahmed Sheik, the former London School of Economics student who planned the beheading of Daniel Pearl, to Magdy Mahmoud Mustafa el-Nashar, the suspected American-educated bomb-maker in London — the common bond is not poverty, a lack of education or legitimate grievance. Instead it is blind hatred instilled by militant Islam.”

— Historian Victor Davis Hanson, writing in the Washington Times

Hugh MacLeod on being creative

Mr. MacLeaod offers thirty tips on how to be creative. My two favorites are:

3. Put the hours in. Doing anything worthwhile takes forever. 90% of what separates successful people and failed people is time, effort and stamina.

10. The more talented somebody is, the less they need the props. Meeting a person who wrote a masterpiece on the back of a deli menu would not surprise me. Meeting a person who wrote a masterpiece with a silver Cartier fountain pen on an antique writing table in an airy SoHo loft would SERIOUSLY surprise me.

Mark Cuban on podcasting

“Podcasting is hot. Podcasting is cheap and easy. Podcasting can be fun. Creating your own podcast and trying to make a business out of it is a mistake. Unless you are repurposing content from another medium, it will be rare to find anyone making money from originating podcasts.”

— Mark Cuban