The Investment Forum
The Investment Forum March 2009
On last Friday at the MBE Conference, Congressman Elijah Cummings, (D-MD) delivered another classic motivational speech.  I don't think he intended for it to necessarily come across that way but it did.  It was one of those moments that you just had to be there.  Most importantly, what he said was learn technology. He described a situation many years ago where there was an opportunity to gain a contract.  Many of the other small businessmen began going around the room to exchange phone and fax numbers when he realized he didn't even know what a fax machine was.  He immediately called his office and realized why he didn't know what one was - he didn't have one.  He ended up providing the number for a nearby fax machine down the street so as to not appear to be without one.  I think it's pretty clear to know that Congressman Cummings was just as degreed and educated at that time as many of us are now so just because we have fancy degrees and titles doesn't protect us from not knowing things.  Educated or not, he was able to respond on the fly and get what he needed done but he still urges us by saying, "Don't be like me, learn technology!"
 
I understand totally what he means.  I had a friend call me just the other day as she started a new business venture with little knowledge that she would get her first opportunity so soon.  I don't think it was even the fact that she was ill-prepared, she just said publicly what she was going to start doing, someone over heard her and within a few days she had an opportunity.  The problem was she had no flyers for the event and no business cards.  She called me and needed both almost in an instant and almost instantly she had them.  Why? Because I was aware of the technical tools to make it happen.  I created both the business cards, flyers and posters with her name, contact information and even pictures so everyone in the room knew exactly who she was.  Using free Wi-Fi, I sent them in a flash a few hundred miles away and by that afternoon she was good to go.  I could have added a pretty decent website given an additional hour.
 
In a similar story, I decided to run an ad in a magazine recently and called the office that was promoting the advertising.  When I called the company, I was under the impression that I would simply supply them the information and they would create the ad.  Boy was I wrong!  He quickly told me that they only printed the ad in the magazine and perhaps I should go to an ad agency and have one created and then send it to them in one of a few accepted formats.  Remember, small businesses have to be nimble and efficient to be effective.  There was no time to start calling around because the deadline had passed when I called them.  He was simply giving me an opportunity for a spot just because I had visited his office before.  No time-No worries.  I consulted my time tested laptop and opened up a software I nearly swear by which is Microsoft Publisher.  Within minutes, the ad was completed and sent, right down to the exact size specifications.  If you are not prompt, either you will always be a small business or you will eventually be out of business.
 
For those who are thinking everything technical requires a computer, think again.  Technology doesn't mean computer, it means a way of doing things better.  Just because computers are frequently used in making things better doesn't mean you need one for a technological enhancement.  Case and point.  On a weekend get-a-way to The Hamptons, I watched a number of men do the gentlemanly thing by bringing in their family's luggage.  Apparently in a will of strength they wanted to prove that they still had muscle and gave the old heeve-ho to the suitcases while dragging them to the elevator.  Now why would you do this when a fairly and apparently new technology called the wheel has been added to another new technology called the cart that happenstance sits in the ENTRY FOYER to the hotel?  Simply, place the luggage on the cart at the car and roll it all the way to any room on any floor without hardly any effort.  That's technology. 
 
However, for those who want more of the computer savvy technological solutions, join us at the Small Business Technology Forum at my estate on next Saturday, April 4 at 4 p.m. and we'll share everything we know while you share everything you know.  At the end of the day, we'll be all the wiser.  The price for all that wisdom and knowledge is a very low recession proof twenty bucks and technically speaking, you can even use technology to pay if you choose.  No pun intended.  You can live if your pockets temporarily stop producing money, but never, ever let your mind stop producing ideas as even the biggest ones cost you absolutely nothing.
 
Those needing directions, simply send us an email and we'll forward a map to you with step by step directions. 



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