Archive for June, 2006

Google Checkout

It looks like Google Checkout is about to launch.  This will be a direct competitor of Paypal who up until now have been the dominate player in the e-payment market.   Google plan to integrate their Adwords service with Checkout.  This means that a person searching the web can see that a site advertised accepts Google Checkout payments.  Their will also be incentives for Adwords customer in the form of discounts for Checkout in return for money spent on Adwords.

As Google are able to gather immense amounts of information about buyer behavior from their search engine and Adword programs, it looks like Google Calendar could be a very powerful tool for any on-line store.

 Google have also released an API for developers to interact with Checkout.  Anyone that is interested in Developing using this API should check out the cookbook.

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Add an Icon to your website….

I came across this handy web tool for converting image files into icons.  There are also tips for adding the icon to your website.  I gave it a go with my Passion Development logo and it worked great.

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The ICES Group

A friend of mine had been talking to me about a investment network group that he goes along to every 2nd Tuesday called the Irish complementary Education System group or ICES group.   The ICES host investment seminars/networking nights.  

I decided to pay the €25 and go along to this weeks talk on investing in Gold and silver with guest speakers Mark O’Dwyer and Stephen Flood of Gold Investments.  It turned out to be a very interesting evening with some great insights into investing in precious metals.   The second half of the evening saw a member of the group discuss how he went from 0 houses two years ago to buying 11 house so far this year.   I am slightly skeptical about the positive cashflow that he claimed he was achieving considering the size of his LTV on each property and his ability to find tenants for the properties when students are away for the summer months.   It certainly sounded like a great success story anyway.

On the way home I decided to call into my dad's house to talk about the evening.  He told me a story about one business man which I thought was fantastic:

This guy worked in a factory with about 250 other worker and worked very hard each week.  Unfortunately he had one of the lowest wages in the factory at £80 per week.  Rather than accepting this low wage he decide to have a raffle each week for his £80 wages with a £1 entry fee! 

The guy was now coming out with about £200 a week rather than the £80 that he was getting paid.  I just love stories like this where individuals step outside the box and make a bad situation into a very positive one. 

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