Archive for November, 2009
What Cost a Stolen Phone and Laptop
Posted by: | CommentsIn a previous post I wrote about the software tools that I’ve found over the years that genuinely improve my working life. My MacBook Pro and iPhone are surgically implanted into my world, I think I noted that I spend more time with my laptop than with Fiona and the kids, which on one level is a worrying consideration. Although our 12 year old daughter may possibly beat me, especially on the weekend, when she’ll happily sit for hours juggling dozens of MSN instant message windows as she trades gossip and keeps up conversations with friends from school here in Melbourne, and others further afield.
My iPhone packed it in a couple of months ago and I had to endure a four day wait for a warranty replacement handset, you should have seen the dribble from my mouth as I slowly went mildly nutty.
Granted our household is probably a little over the top, you should hear the rumble of discontent when the internet connection drops out, it starts with faint yells in the further reaches of the house, then crescendos as everyone moves to hunt me down in my study, where the ADSL router sits, demanding connectivity be restored.
The internet going off the air is usually just a temporary blip in the household’s harmony. But how would you feel if you didn’t have access to your laptop and phone – because it was lost or stolen? And have you considered the cost – and I don’t mean to replace the equipment, or the emotional expense. If a thief sat at your computer, what information would they be able to access? What would the value be? And what’s the cost to you not having the data? What would be retrievable from backup, and what unique information would you need to recreate?
According to research by Ponemon Institute, sponsored by Intel, the average value of a lost laptop is $US49,246, taking into account factors such as replacement cost, detection, forensics, data breach, lost intellectual property costs, lost productivity and legal, consulting and regulatory expenses.
There are statistics floating around that quote quite remarkable numbers about the number of laptops stolen or lost each year. One piece of research from a few years ago suggests something like 10,000 laptops are stolen each year from airports in the USA. I’ve seen that research questioned, but irrespective of the quantum (how many laptops being stolen is too many?) the fact remains, you have every likelihood of losing your laptop, either by accident or a thief’s design. It could be from your car, your home, or while you are travelling. You are also unlikely to get the gear back.
What will you do? How will you recover?
Like insurance, taking precautions after the fact is not an option. You need to consider the implications of a loss or theft, and implement a plan.
Here’s what I have done.
iPhone
Apple comes to the rescue straightaway. Sign up for a Mobile Me membership, it’s an annual subscription, which gives you a mac.com email address, online backups, iDisk (a hosted virtual hard drive) plus other goodies. But the neatest bit is the iPhone security system.
From the Mobile Me web site you can pull up a Google map showing where your iPhone is located. It can be as accurate as a blinking blue dot over a specific location, or the more general encompassing circle depicting a locale.
They give you three action options:
1. Display a Message or Play a Sound – show a message on the screen of your iPhone and play a sound.
2. Remote Passcode Lock – setup a PIN password so nobody can use the phone
3. Remote Wipe – kill all the data on the phone
Seems to me these functions pretty much cover all the bases. A pity Fiona doesn’t have an iPhone – she left her Blackberry in San Francisco, and only realised when we arrived back home in Melbourne. I called the phone company, and asked them to cancel the SIM card, and forward all her calls to me, while we worked out how to retrieve the handset. But guess what! The phone company said if we blocked the SIM, we couldn’t forward calls. So we had to leave the phone active as it wended its way home via courier. How silly.
MacBook
I use a product called Undercover. They claim to recover 96% of all stolen Macs that were subsequently connected to the Internet. Undercover uses the built-in insight camera to snap mug shots of the thief, and it transmits screenshots from the stolen Mac to retrieve more information about the thief’s identity.
Undercover is software that runs in the background on your computer. It’s difficult to see, and has no effect on your daily computer use.
However, if your Mac is stolen, you report the theft to the Undercover people. Their system then kicks into gear as soon as your Mac connects to the Internet. It transmits its location. It takes screenshots of whatever’s on your screen. And it uses the inbuilt iSight camera to snap photos of the thief.
If none of this enables you to recover your Mac, plan B swings into action, the Mac is rendered unusable, and a large message displays on the screen advising that the computer has been stolen.
These are not services available only for Apple users. There are several firms offering similar products for Windows-based computers. And the major retailers are taking the hint. For example, Dell since 2007 has been offering a tracking and recovery system for their laptops called Computrace LoJack for Laptops, through a partnership with Absolute Software.
Don’t leave it until it’s too late. You’ll regret not taking precautions. Take a moment now, pause, and try and imagine firstly how long you could survive without your laptop and phone, and secondly, what the overall cost – monetary, emotional and workload – of not having your equipment in your hands. Now take action!
Make Sure Your Entrepreneurial Goals Are The Right Ones
Posted by: | CommentsFor a long time I’ve been opposed to mission statements, all too often I see them quoted as goals, when they are generally motherhood statements like “we’re going to be the best widget company in the world”. That’s not a goal, it’s a philosophical statement, a conceptual abstract to highlight prominently on your website, marketing materials and business plan.
I’m probably more a fan of Guy Kawasaki’s idea of a Mantra rather than a Mission Statement:
I give up trying to get people to create short, different, and meaningful mission statements, so go ahead and spend the $25,000 for the offsite, facilitator, and consultants to create one. However, you should also create a mantra for your organization. A mantra is three or four words long. Tops. Its purpose is to help employees truly understand why the organization exists.
Recently I’ve been giving more thought to what actual constitutes a ‘goal’ for an entrepreneur. When it comes to building and developing businesses we’ve always embraced specific business-like goals – that we’ll be profitable by x date, that we’ll sell y widgets in Q1 and z widgets in Q2. Fiona likes to tell people that I write a mean business plan. The reality is I now would rather stick a fork in my eye. Out of all the business plans I’ve written or seen I can’t think of one that, after the business had been trundling along for a few years, accurately predicted, other than in generalities, where the business subsequently was placed. Read More→
Ideas Culture, a business about creating ideas
Posted by: | CommentsYvonne Adele has a background as a Microsoft programmer, a media personality called Ms Megabyte and a long involvement in both technology and helping people solve problems through clever ideas.
These days she runs a business all about the generation and implementation of new ideas for customers in need of new and innovative ways of thinking and doing things. Yvonne Adele talks to Fiona Boyd about her business, Ideas Culture and gives some insights into how she helps clients develop great new and practical ideas.
Yvonne Adele from Ideas Culture joins Fiona Boyd regularly to talk about how ideas are important in business and the ways they can be generated.
Steve Sammartino’s Startup School transcription
Posted by: | CommentsEarlier this month, Steve Sammartino entrepreneur and founder of Rentoid conducted a two-day intensive StartUp School in Melbourne and we’ve received rave reviews at NCM from several attendees. The Sydney StartUp School takes place this weekend, the 21st and 22nd November.
This post is a transcription of an interview Fiona Boyd did with Steve in the lead-up to the Melbourne StartUp School, called StartUp School with Steve Sammartino.
Fiona: Steve Sammartino writes the Startup blog and is the founder of the internet business Rentoid.com, and he’s talking with me today. Welcome Steve.
Steve: Hey Fiona, how are you?
Fiona: I’m good. You have a new thing that you’re doing next month and it’s called the Startup school…
Steve: Yeah.
Fiona: And look, I know you teach marketing already at Melbourne uni so I’m not surprised that you’re doing something like start up school but I’m wondering, what is it about teaching this way that made you want to do your own, you know, intensive weekend?
Steve: Yeah. It’s funny because it’s going to be pretty much the opposite of all the stuff that I teach at university and I think it’s an interesting juxtaposition because in startup land everything is so much different to what we think business is all about, because pretty much everything we learn in business and in business books, even a lot of the startup and entrepreneurial books out there, they all assume that there’s some revenue, that things already exist. They assume that we’ve got funding. So Startup School came about as an idea, well, I’m obviously involved in teaching, but it came about because I kept getting a lot of questions on my blog about deep items which just couldn’t be treated in that format so I thought why don’t I just run an intensive course for two days where I really condense all of the stuff that I’ve been writing about for three years into a two-day, you know, really hardcore bootstrapping course, these are the tactics that win when you’ve got zero revenue to get your business started. Read More→
Structuring your intellectual property business videopost
Posted by: | CommentsWhen you run an internet business you probably have some intellectual property behind it that is unique to your business. Phil Grant, partner at Nexia ASR has some clear guidelines on how to structure an intellectual property business.
Phil Grant from Nexia ASR joins Fiona Boyd regularly to talk about accounting issues related to startups and internet businesses.
How to be an Organised Entrepreneur (Technologically Speaking)
Posted by: | CommentsThe world came to an end in our house this morning. Our Bigpond ADSL was not connected when I woke, and restarting the modem resulted in a few minutes of connectivity, then another drop out. I resorted to tethering my iPhone to my Mac for enough internet access to Skype a couple of people who I knew were expecting me to be online, mainly to explain that I was having problems.
Incidentally, I did ring Bigpond, our ISP. A nice woman asked “what colour is the DSL light” (red); “do you have a dial tone on the phone line” (yes); “is the modem properly connected to the phone socket” (yes). “OK, I’ll have to escalate this to our Level 2 support, someone will call you within two working days”. Fabulous, given this was a Friday.
This morning’s shenanigans are a reminder of just how dependent many of us are on constant internet connectivity, and our technological tools. Yet how many of us really exploit those tools in a way that truly improves our productivity and organization as entrepreneurs? Read More→
Haul and constant product innovation transcription
Posted by: | CommentsThis is the transcription of the Videopost – Haul and constant product innovation – an interview between Fiona Boyd and Scott Kilmartin, entrepreneur and founder of Haul.
Fiona: Scott Kilmartin is the founder of Haul – in fact he’s the ringleader of the circus called Haul, and joins me again this week. Hello Scott.
Scott: Hi Fiona, how are you?
Fiona: I’m very well thanks, how are you?
Scott: Good.
Fiona: We were discussing last week a whole range of issues but what came up for me was the incredible range of of products that you have and how innovative they are. I thought maybe we could focus on that today. Read More→
Rules of engagement
Posted by: | CommentsI’m not sure if you’re experiencing the same sensation as me that opportunities are coming into your frame again, but in the last couple of months I’ve noticed that more ideas and opportunities seem to be floating about in the world around me. People seem a bit more open-minded, a bit more engaged with life.
For quite some time it appeared, to me at least, that everyone was preoccupied with small thinking and making themselves a small target. As someone who loves to talk about ideas and to explore the possibilities, it seems that one couldn’t have an intelligent ideas-based discussion anymore. Some fearful person was going to shoot one’s germinating discussion and ideas down in flames. But just lately, things have been changing.
My guess is that as we come out of the GFC that life and business will speed up for those in any industry, but I’m particularly mindful of those entrepreneurs working online, and those in niche content spaces. Read More→
Credit card bingo – transcription
Posted by: | CommentsThis post is the transcription of the videopost “Credit card bingo got Haul going – videopost with Scott Kilmartin“.
Fiona: Today I’m talking to Scott Kilmartin who calls himself something else and who will tell us what that is in a minute. But essentially he is the founder of a business called Haul who recycle rubbish into really funky and fabulous streetwear and products, and neat things like laptop covers and beanbags, that sort of thing. Welcome today, Scott.
Scott: Thanks Fiona.
Fiona: What do you call yourself?
Scott: Well I’ve always been sketchy on titles like founder and director and CEO and general manager, so we had one of those moments, we were about to print some new business cards about seven or eight months ago, and we had a courier come in to pick up a whole bunch of stuff pre-Christmas, and he’s gone, this place is a circus, cos there were boxes stacked down the aisles. And I’ve gone, that’s it, we’re all going to have circus titles. So we have a puppeteer, we have a strong man. We don’t have a bearded lady but I’m the ringmaster. Read More→








