Archive for the ‘zenPeak more’ Category

Diners, Drive-Ins and Dives – I LOVE THIS SHOW on The Food Network!

Thursday, May 14th, 2009
Diners, Drive-Ins and Dives

Diners, Drive-Ins and Dives

Diners, Drive-Ins and Dives

This is a great show about fun food. If you are a wine-sniffer or crazy for white tablecloths and over the top service, don’t tune in. The food showcased is often created by amazing chefs, without pretense but with tons of innovative talent.

This recipe for Mona Lisa pizza looked amazing – I’m gonna try it.

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Think Positive! How Bank of America began – 1 man with guts.

Friday, February 20th, 2009

Think Positive!

We are well down a slippery slope of  panic solutions that are just throwing taxpayer money at what appears to be ways to instill confidence, loosen inter-bank credit etc. Nothing seems to be working as fast as needed, and it appears that everyone is running for the hills.  Obama is only human and in spite of the best of intentions has a formidable task just to fill his cabinet posts.

Feb-20-09

Today,  Bank of America hit new lows – down over 90% in a year! I was in a waiting room a few years ago at Bank of Montreal and was reading about the history of VISA. What I took away from my quick read was that Bank of America (originally Bank of Italy) operated by Amadeo Giannini, emerged as a San Francisco institution when the owner recovered the bank’s hard assets out of the earthquake damaged building in a vegetable push cart, and then went down to Fisherman’s Wharf and set up a table in the open air, and began extending credit and resuming operations to help the city recover from the earthquake. The Company later went on to be a founder of the Visa card (BankAmericard).

Wouldn’t it be a shame if BAC is nationalized by the US Government as suggested by Sen. Chris Dodd – Bloomberg

Somewhere out there is another Amadeo Giannini, a man who can be trusted to get things moving without the government bailout, maybe running a small regional bank that in 25 years could be the world’s largest!

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One alleged Fraudster returns to the US, the other goes missing!

Thursday, February 19th, 2009

bootsWith his cowboy boots stuffed with cash, platinum, a fake passport in his own alias name and swiss bearer notes, the dimwit alleged mortgage ponzi schemer Christopher Warren took a cab from Toronto airport to the US border.  Huffington Post reported that as Warren was on his whirlwind adventure, he showed flight crews a stash of gold.

I’m not sure these were the boots Warren was wearing (they are gorgeous huh?) when he got busted at the border, but  “Court documents alleged they defrauded investors and mortgage companies of $100 million since 2006. The fraudulent deals involved 500 homes and condominiums in California, Florida, Nevada, Illinois, Colorado and Arizona”   ——-

News today that Venezuela seized Stanford Bank , reminded me that Allen Stanford is missing after allegedly scheming 8 Billion out of  50,000 customers. Huffington Post reports that Stanford’s damage could match the Madoff ponzi scandal, and lists the “most shocking” allegations…

  1. Stanford posted identical returns two years in a row, in 1995 and 1996, indicating the fraud has been going on for at least 13 years.
  2. Stanford and CFO James Davis have “wholly failed” to cooperate with the SEC investigation.
  3. There was no army of analysts combing through Stanford’s multi-billion-dollar portfolio. Rather, the only research conducted on companies in which he was investing came from Stanford himself, and CFO James Davis.
  4. Stanford told at least one client that the SEC was freezing CDs, a blatant impossibility.
  5. Stanford lost money from the Madoff ponzi scheme, “despite the bank’s public assurances to the contrary.” One analyst puts the loss at $400,000.
  6. Despite repeated calls from the SEC to Stanford’s Antigua-based accounting firm, the accountants never answered their phones.
  7. And as if the SEC couldn’t put it any clearer, Stanford’s public statements about its investments “are false.”

Bloomberg reports that Michael Zarich, a senior investment officer with Antigua- based Stanford International Bank, in a sworn deposition, described how “Stanford told investors the program had positive returns for periods in which clients actually lost money. The firm claimed a return of 18.04 percent in 2000 when actual investors lost as much as 7.5 percent, according to the complaint. In 2008 client pitch books, Stanford presented hypothetical data under the heading “Historical Performance” alongside the audited 2005 through 2008 figures, the complaint said.”

- Frank Abrams is the founder of  zenPeak Inc.,  helping companies find and retain peak performers.

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Here’s why today is the best time to join the Financial Services business!

Thursday, January 8th, 2009

Today is the best time to join the Financial Services business!

  1. Clients are unhappy. If you call a prospective client with a simple and safe investment such as a deposit, they will listen and give you an appointment, because their current financial adviser has either stopped calling, or is explaining why portfolio values are down. They might switch, but 2 years ago, it would have been impossible to compare yourself against their broker’s success with the client portfolio.
  2. The advice you give today , and the products you recommend today, are more likely to make clients $ tomorrow. The most successful brokers, planners and advisers don’t try and pick winners, they follow a system and rely on others to make those tough decisions. Fact is whoever is selecting and packaging product for you today has a better chance of being right, as the tide of the market rises.  The investments that focus on the stock market, which is currently low after a 50% correction, will likely do well in coming years.
  3. Where you work is important! Who you know, historical performance, projections no longer carry much weight with clients. What counts is knowing you are personally service-oriented, that you can be trusted, and that the company you work for has survived the credit crunch and is getting stronger, (not just barely surviving or still losing money)
  4. The potential market is huge! Most people have trouble saving money. They carry credit card balances at very high interest rates, and they have the wrong kind of life insurance. Ignore the tv commercials about wealth management; the vast majority of clients need basic help to solve these problems.
  5. Hard work and honesty is respected today. Today, financial success is measured in lowering your risk and credit exposure, eliminating debt, understanding exactly what you are investing in, saving carefully for your future, and having independence. If you are ready to work hard and be straight with people… Today is the best time to join the Financial Services business!

- Frank Abrams is the founder of zenPeak Inc. , helping companies find and retain peak performers for high-trust and high-integrity positions.

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Scum Dog Millionaire – now he’s stuck in the outsource outhouse

Wednesday, January 7th, 2009

Satyam founder, Ramalinga Raju has admitted to being a liar and a cheat. His company name, Satyam means “truth”

Lying in public

Lying in public

He has admitted to falsifying the financial records of SATYAM a leading Indian publicly traded company.  Ramalinga Raju, is not a slumdog millionaire but a man who took his family’s agricultural roots, and grew them into a successful conglomerate, most notably as a computer services offshore outsourcing powerhouse. Now Raju and his company are in the outsource outhouse. Ramalinga Raju was an Indian hero and has delivered The Mea Culpa – “what I did and why” to the Board of Directors.

- Frank Abrams is the founder of the zenPeak Inc. , helping companies find and retain peak performers.

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Opportunity is Knocking!

Thursday, November 20th, 2008

I was listening to the all-night radio show “Coast to Coast” last night and they were talking about you know what… the terrible economy.

The guest talked about one result of GM/Ford/Chrysler failures, would be a shortage of the cars, bringing about higher prices and no buying incentives. Supply and Demand.

For a person starting a new business this could be a time of opportunity. As stores and offices close up, the supply of goods and services shrinks. If your goods and services are what people want, there will be demand, and you will be surrounded by dropping supply.  Entrenched businesses will be in survival mode, service will likely slip, and they will lose customers.

If your dream is to open a store, or if you need an office… your rent costs will shrunk because of too much supply.  Now, you can probably go month to month as a start, or sign a more advantageous lease from a desperate landlord.

If you need to hire staff or seek out a partner, the best people will be more receptive  and will likely work for less $. This gives you an opportunity you didn’t have a year ago.

Is it a great time for wage earners and job security?… no.  But is this a new trend?… no.

There is a saying in the brokerage business that the best time to start is in a bad market. Brokers stop calling their clients, and clients are ready to switch if you have a sound investment idea. In a rising market everyone is a genius and people don’t switch. A great investment idea now is a safe deposit with federal government FDIC guarantees. Tomorrow it might be a stock that is emerging from the recession with growing revenues and earnings.

I think the same applies to many businesses as these tumultuous times shake up traditional behaviors, and loosen up relationships, so customers will give the feisty upstart a chance!

Today, I am excited about the future of Canada and the United States.

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Who gets elected in Nov. if GM goes belly up?

Tuesday, August 26th, 2008

I was wondering what would happen in this election race if GM went bankrupt in the next few months. Would this affect the election? My thinking is that the press would blame management and the board, and it would be an embarrassment for American pride. and YES it would affect the election result.

muscle car

muscle car

Obama might be green and pompous, but he is an outsider. MacCain is probably perceived as more of a Wall St. type, and he inherits Bush’s stink.

This would help Obama a lot in my opinion.

Meanwhile… it is a real possibility.

http://tinyurl.com/59aghl


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facebook pages can replace a blog or website for marketers

Saturday, August 23rd, 2008

Its true.

If you are in the game of registering people and collecting their emails, setup a facebook page and direct your traffic to it. No worries, people don’t have to be signed up at facebook to see your page OR TO ENTER THEIR DATA!

I discovered this by accident when I have been unable to get into FB this am. and popped one of my pages.

Then it dawned on me… some folks don’t need a microsite or blog unless they are restricting access pending a registration.

OK so maybe its not for everyone but a useful tool.

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An Ugly World

Wednesday, July 9th, 2008



This film is 25 years old and is a visually stunning experience, that reminds us geniuses, how we are turning a beautiful world into sheer ugliness.

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Targeting Web Content with Local Languages

Tuesday, December 11th, 2007

Over 70% of web traffic is logged to countries with just 7 languages

English 35.1 %
Japanese 8.9 %
German 6.7 %
Chinese 6.1 %
French 5.3 %
Italian 3.8 %
Spanish 4.2 %

Consider the diminishing returns and poor ROI unless your company has significant operations in a local language.

http://www.commonsenseadvisory.com/members/res_cgi.php/0709_countries_and_languages.php

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