The Business of Technology

It's not everyday that you see something that leaves you feeling slightly numb. One of the biggest problems to exiting the economic crisis we face today is freeing up credit for consumers. The fact that most consumers are already maxed out on personal debt means that debt needs to be paid down to increase available credit. With the high rate of APR (Annual Percentage Rate) it makes it difficult for consumers to pay down their debt. APRs are averaging 12-16% or interest of $600 - $800 per year on a $5,000 balance. According to the sharp crew over at Credit Sesame the level of consumer debt per household in the US is just over $18,500 with over one third of that amount consisting of credit card debt. Normally, people would have the option of converting these amounts over to a line of credit at a much, much lower APR but the collapse of the real estate market has made this much more difficult. With most homes worth less than the mortgage amounts outstanding, home owners no longer have the … [Read more...]

Below is a live feed of the Laminate Flooring installed on the 19th floor balcony at BuildDirect's Vancouver, BC, headquarters. For more check out http://watchuswreckafloor.com Live Videos by Ustream … [Read more...]

Hi All, It has been a couple of months since my last post. Sorry for the delay. A lot has changed since then. The mobile community has grown and some interesting developments are occurring in the world of tech. On the personal side I am now co-coaching my son's soccer team and spent last Sunday through a grueling 8 hour, physically intensive soccer coaching clinic. So let's jump right into it. Since the release of the iPhone 3G, we have replaced 5 BlackBerrys but now have a total of 9 iPhones in use at our corporate office. After I had a look at the first iPhone here, it clearly became evident that the return on the investment was substantially increased over our use of the BlackBerrys. Now don't get me wrong: I have a lot of love for RIM and BlackBerrys but it is clear that a bar has been raised and set for mobile devices. The iPhone really is a computer in the palm of your hand. It's useable. It's useful. It's easy to navigate. I even have my systems engineer empowered to … [Read more...]