Repository of Internet Facts

This is where I’m going to keep interesting Internet Facts.

When a Customer thinks about buying, they start by doing a web search – and 9 times out of 10 they do it on Google. -http://www.internetretailer.com/dailyNews.asp?id=20330

Americans have consumed more than 33 Billion videos in the month of December 2009.  Find more detailed stats: http://www.downloadsquad.com/2010/02/06/americans-consume-33-billion-online-videos-in-december-2009/

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Top Ten Things – I’ll Miss About Korea

I’m finishing up a four year adventure in Korea. A lot has happened in these past four years. I originally came through a poker game with God. Life’s funny. I leave with a Korean wife. God does amazing things. This is a late-post since I’ve been in the US for over a month.

Without further ado:

10. Public Transportation – For 1,000 won (approximately 1 US dollar) you can travel anywhere in Seoul. The Seoul Public Transit system is amazing, both the subways and bus system. I enjoyed using’s Seouls BMW (Bus, Metro, and Walking.)
9. High Speed Internet / High Speed WiBro – The whole country is on a fiber optic LAN. I got 100MBPS to my house, both up and down with servers within Korea. They’ve already started planning to get the whole country on a Gigabit system. It only costs 30,000 ($30 bucks) a month for it too. I used to download large files in a few seconds.
8. Customer Service in General – Overall customer service at Family Restaurants, Hotels, Toll Gates, and Korean Government offices tend to be very friendly and do their best to serve you quickly and respectfully.
7. Fast Delivery – I would imagine if I lived in New York it would be similar.  Whenever I ordered anything, food would show up 10-15minutes, stuff I bought online would show up the next day and sometimes even the same day.
6. Ice Cream – I don’t know what it is, but the packaged ice cream tastes better. My favorite is the “Sun-lai-im” by Lotte, it’s in the blue packages with a plastic cap, I felt stupid having them, but they tasted so good.
5. Schwarma / Kebabs (Itaewon Area) -  I enjoy the Itaewon area for its diversity, you can share and mingle with people from all over the world. I thoroughly enjoyed the authentic food from each nation, however my favorite was Petra in Itaewon. Their schwarmas are mouth watering.
4. No tips - You don’t have to tip anywhere and people won’t give you attitude if you don’t. I thoroughly enjoyed paying a flat price for food being delivered and eating at dine-in restaurants.
3. Always something to do - Because the city is huge there is always something going on and you can participate in.
2. Security – Seoul is a huge city, but there is very little violent crime. You never hear gunshots and you can walk around the city at 3 AM and you’ll feel safe.
1. The People – I’ll miss the “jung”, it’s like loyalty/love mushed together. When Koreans make friends with you as long as you keep in touch you’ll be friends for life. Sure there are flaws in the culture and nobody is perfect, but overall I enjoyed my four and a half years living in Seoul.

If you ever get a chance I highly encourage you to check out the land of the morning calm.

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Influence Summary by Robert Cialdini

I read this in the past and wanted to keep it fresh and located somewhere I could quickly access it. Influence by Robert Cialdini is a marketing and psychology classic.

Here is a quick summary of the book borrowed from: Influence Summary

An Influence Summary by Robert B. Cialdini, Ph. D.

“It is through the influence process that we generate and manage change. 

As such, it is important for those wishing to create and sustain practical change to understand fully the workings of the influence process. Fortunately, a vast body of scientific evidence now exists on how, when, and why people say yes to influence attempts. From this formidable body of work, I have extracted six universal principles of influence–those that are so powerful that they generate desirable change in the widest range of circumstances.

Dr Cialdini explained these principles in his book and gave numerous examples.

In summary, these principles are:

• Reciprocation. People are more willing to comply with requests (for favors, services, information, concessions, etc.) from those who have provided such things first. For example, according to the American Disabled Veterans organization, mailing out a simple appeal for donations produces an 18% success rate; but, enclosing a small gift–personalized address labels–boosts the success rate to 35%

• Commitment/Consistency. People are more willing to be moved in a particular direction if they see it as consistent with an existing or recent commitment. Consider how small that commitment can be and still motivate change forcefully: Gorden Sinclair, a Chicago restaurant owner, was beset by the problem of no-shows—people who made table reservations but failed to appear and failed to call to cancel. He reduced the problem by first getting a small commitment. He instructed his receptionists to stop saying, “Please call if you change your plans” and to start saying, Will you call us if you change your plans?” The no-show rate dropped from 30% to 10% immediately.

• Authority. People are more willing to follow the directions or recommendations of a communicator to whom they attribute relevant authority or expertise. One study showed that 3 times as many pedestrians were willing to follow a man into traffic against the red light when he was merely dressed as an authority in a business suit and tie.

• Social Validation. People are more willing to take a recommended action if they see evidence that many others, especially similar others, are taking it. One researcher went door to door collecting for charity and carrying a list of others in the area who had already contributed. The longer the list, the more contributions it produced.

• Scarcity. People find objects and opportunities more attractive to the degree that they are scarce, rare, or dwindling in availability. Even information that is scarce is more effective. A beef importer in the US informed his customers (honestly) that, because of weather conditions in Australia, there was likely to be a shortage of Australian beef. His orders more than doubled. However, when he added (also honestly) that this information came from his company’s exclusive contacts in the Australian National Weather Service, orders increased by 600%!

• Liking/Friendship. People prefer to say yes to those they know and like. For example, research done on Tupperware Home Demonstration parties shows that guests are 3 times more likely to purchase products because they like the party’s hostess than because they like the products.”

This is an influence summary of Dr Robert Cialdini’s work.

In his presentations, Professor Cialdini describes and emphasizes the ethical use of these principles. Only through its nonmanipulative use can the influence process be simultaneously effective, ethical, and enduring. And only in this fashion can it enhance a lasting sense of partnership between those involved in the exchange.

Robert B. Cialdini is Regents’ professor of Psychology at Arizona State University in the United States.

Whenever you are crafting an offer try to take into account as many factors as you can.

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Commentary on Proverbs 23

Here’s my insights on Proverbs 23.

Proverbs 23

1 When you sit to dine with a ruler,
note well what is before you,

2 and put a knife to your throat
if you are given to gluttony.

3 Do not crave his delicacies,
for that food is deceptive.

I need to work on portion control. My weight is getting out of control. However, this scripture applies to any action all the time. Do everything in moderation.

4 Do not wear yourself out to get rich;
have the wisdom to show restraint.

5 Cast but a glance at riches, and they are gone,
for they will surely sprout wings
and fly off to the sky like an eagle.

Enjoy the material possessions God has given you, be happy for those who have more.

6 Do not eat the food of a stingy man,
do not crave his delicacies;

7 for he is the kind of man
who is always thinking about the cost.
“Eat and drink,” he says to you,
but his heart is not with you.

8 You will vomit up the little you have eaten
and will have wasted your compliments.

I try to be generous. I am still working on the muscles to get rid of my selfishness and stinginess.

9 Do not speak to a fool,
for he will scorn the wisdom of your words.

This scripture reminds me of avoiding giving pearls to pigs. Use your time wisely and move on from working with fools.

10 Do not move an ancient boundary stone
or encroach on the fields of the fatherless,

11 for their Defender is strong;
he will take up their case against you.

Be honorable and don’t cheat God’s people- that means everyone.

12 Apply your heart to instruction
and your ears to words of knowledge.

13 Do not withhold discipline from a child;
if you punish him with the rod, he will not die.

14 Punish him with the rod
and save his soul from death.

Apply what you learn or be punished. I need to discipline my body now.

15 My son, if your heart is wise,
then my heart will be glad;

16 my inmost being will rejoice
when your lips speak what is right.

Live a wise life and God will bless you and those around you.

17 Do not let your heart envy sinners,
but always be zealous for the fear of the LORD.

18 There is surely a future hope for you,
and your hope will not be cut off.

19 Listen, my son, and be wise,
and keep your heart on the right path.

Obey the Lord’s commands and stick to the right path.

20 Do not join those who drink too much wine
or gorge themselves on meat,

21 for drunkards and gluttons become poor,
and drowsiness clothes them in rags.

Drink and eat in moderation.

22 Listen to your father, who gave you life,
and do not despise your mother when she is old.

Respect your parents.

23 Buy the truth and do not sell it;
get wisdom, discipline and understanding.

I’m working on this. I don’t quite understand what it means by “don’t sell truth.” Can anyone help me out?

24 The father of a righteous man has great joy;
he who has a wise son delights in him.

25 May your father and mother be glad;
may she who gave you birth rejoice!

Children are your ultimate legacy, teach them well. Be a good child and bring your parents happiness.

26 My son, give me your heart
and let your eyes keep to my ways,

27 for a prostitute is a deep pit
and a wayward wife is a narrow well.

28 Like a bandit she lies in wait,
and multiplies the unfaithful among men.

Be faithful to your wife.

29 Who has woe? Who has sorrow?
Who has strife? Who has complaints?
Who has needless bruises? Who has bloodshot eyes?

30 Those who linger over wine,
who go to sample bowls of mixed wine.

31 Do not gaze at wine when it is red,
when it sparkles in the cup,
when it goes down smoothly!

32 In the end it bites like a snake
and poisons like a viper.

33 Your eyes will see strange sights
and your mind imagine confusing things.

34 You will be like one sleeping on the high seas,
lying on top of the rigging.

35 “They hit me,” you will say, “but I’m not hurt!
They beat me, but I don’t feel it!
When will I wake up
so I can find another drink?”

Take alcohol in moderation.

The proverbs found in chapter 23 seem to be mostly on moderation and respecting your parents.

My action item for the day: Portion control. Eat 3/4th of what I normally eat.

Photo: KayVee.INC

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Review of The Go-Giver by Bob Burg and John David Mann

I’ve finished reading The Go-Giver: A Little Story About a Powerful Business Idea by Bob Burg and John David Mann.

It’s a parable about how giving will give you a higher quality of life.

Here’s Amazon’s description:

This modern-day business parable, a quick read in the spirit of The Greatest Salesman in the World and The One Minute Manager, should do well with eager corporate-ladder climbers, who may at first be confused by its focus: on putting the other guy first-be it a colleague, competitor, customer, friend or family member. Told through the fictitious story of an ambitious young salesman named Joe, Burg and Mann communicate their points through the advice of an enigmatic (and highly likeable) mentor character known as Pindar. Rather than help Joe snag a fast sale, the consultant introduces him to series of “go-givers” who personify the “Five Laws of Stratospheric Success.” Over the course of five days, a restaurateur, a CEO, a financial advisor, a real-estate broker and the mysterious “Connector” teach Joe about the laws of value, compensation, influence, authenticity and receptivity-concepts that make more immediate sense in this fictional context than they would in a formal business book. Burg (Endless Referrals: Network Your Everyday Contacts Into Sales) and Mann (You Call the Shots) write with a simple, informal style that offers a working-person’s interpretation of the old adage “give, and you shall receive.”
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

Here are the Five Laws of Stratospheric Success (which are restated at the back of the book):

1) The Law of Value: Your true worth is determined by how much more you give in value than you take in payment.
2) The Law of Compensation: Your income is determined by how many people you serve and how well you serve them.
3) The Law of Influence: Your influence is determined by how abundantly you place other people’s interests first.
4) The Law of Authenticity: The most valuable gift you have to offer is yourself.
5) The Law of Receptivity: The key to effective giving is to stay open to receiving.

Overall it was a quick read and a good book. Hard to actually apply the lessons in your life. I recommend this book for anyone interested in adding more value to the world and wanting to live a life that makes a difference. The businesses lessons overlap into your personal life. In fact, there shouldn’t be a line dividing the two.

I plan on borrowing/reading the second book, Go-Givers Sell More, which is filled with case studies.

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