Business, technology, Work

Sharper Image Bankruptcy Prediction Coming True

During the holiday of 2006, I posted a verbose blog about how Sharper Image is going down the tubes. My prediction was off by a few months, but reality has finally hit The Sharper Image management. Sharper Image Bankruptcy is now reality.

I had to update this blog as news about Sharper Image’s Bankruptcy started hitting the news all over the place:

Multi-Channel Merchant
DIRECT Newsline
CNN Money
CNBC
MSNBC
NY Times
Forbes
Reuters

Of course, it was all over the major news networks yesterday and today as well. So, I decided to a couple of section.

When Analyzing the Sharper Image Bankruptcy, You Might Know You’re Crazy If:

  • You think Sharper Image won’t be sued by it’s investors
  • You think Sharper Image was going to turn things around after firing founder Richard Thalheimer
  • You think Brookstone is going to fill the shoes of Sharper Images

The decline of any giant like Sharper Image is always good news for others. For instance, there will be countless lawyers and collection agents who will have additional work because of this monumental blunder. Richard Thalheimer will have to hire additional employees to handle the added traffic to his RichardSolo.com. Also, it gives the media plenty of work and has kept a lot of stockbrokers busy as of late. There are likely bound to be countless books about Sharper Image coming out. Here are a few title suggestions:

  • Tarnished Image
  • Death of a Gadget Salesman: Why Firing Richard Thalheimer Expedited the Decline of Sharper Image
  • The New Face of Innovation: Bankruptcy
  • The Rise and Fall of the Holy Gadget Empire
Advertisements
blogging, Business, cool stuff, Economics, life, Politics, thoughts, Work

If Everyone Watched The Big Idea…

What would happen if everyone in America watches The Big Idea with Donny Deutsch on CNBC? First, there would be a run on the cable companies because you can only get CNBC on cable. Second, fellow blogger Tony Iovino would take his $600 check he’ll receive from the Federal government in May and actually cash it to invest it into a new invention (and he would start using the vastly superior WordPress blogging system). Third, the US economy would flourish.

Today, Bush signed his stimulus package, creating checks for millions of people in our economy. Lots of people love to complain about the symantics of the deal. Call it welfare. Call it a rebate. Call it what you want, it is our Federal government giving money to people that live in America.

Using some of the people I’ve seen on The Big Idea as an example, what those $600 checks have the potential to do is generate billions (yes, you read that correctly, BILLIONS) of dollars in revenue/income for Americans. How? Well, you should watch The Big Idea. The show has featured scores of people who have started their business for little more (sometimes even less) than $600. These people has created jobs, used resources that support other businesses, and made people a lot of money.

Sure, if everyone who receives a check goes a spends it on a toy at Walmart, it won’t do much for boosting the economy. However, let’s have a little fun with the math here. 130,000,000 Americans are going to receive a check. If even 0.1% of the people who receive checks become Donny Deutsch success stories, we are talking about generating $130,000,000,000 of revenue for the US economy over the next year! That’s correct, just one-tenth of one percent of the people who receive the checks need to become Donny Deutsch success stories for the checks to pay for themselves in just two year. One-tenth of one percent. That is about the same as a run-of-network banner advertisement on ValueClick!

blogging, Business, cool stuff, Gadgets, technology, videos, Work

Fall in love with the Gravity Defyer Shoes

The Gravity Defyer Shoes are a hot item. They were a huge hit when they debuted at the 2007 CES. Yes, shoes made their debut at the largest consumer electronics show. A crazy idea, but it actually makes sense, given the amount of time people spend on their feet.

I love these shoes. I wear them to work every day. The first time I realized how comfortable they are is when I decided to wear another pair of shoes to work. Um, that didn’t work out very well. Gimme my GDS! I’ve given about a dozen pairs of these shoes to my friends who have complained about shoe comfort. Even the pickiest of friends had something good to say about the comfort.

See what people said about the shoes at the CES as well as what other bloggers and reporters have to say around the web:

Read what GUTTERBOY said (humorous)
Read what turboGADGETS said
California Newswire
The Red Ferret says they “are straight off the ‘what the…?’ banana boat LOL
Investor’s Business Daily
Nothing to do with Arbroath
Dr. Joe Vitale has many good things to say not just about the shoes
The Gravity Defyer Shoes are wishlisted by someone on TheThingsIWant.com. Perhaps I’ll send him a pair 😀
CrunchGear had their hopes up about defying gravity
MondoShoes had something to say too
Sys-con
Yahoo! Finance published the press release
Can you Digg it?
eNewsChannels
They even love it in India
The Ventury County Star picked up on the hot news!
So did the Dallas Morning News
Even EARTHtimes.org got in on the action

See the reactions from people at CES for yourself!

Comfy shoooooes 😀

Gravity Defyer Shoes

technorati tags:, , , , , , , , , , , , , , , , , , , , , , , , ,

Blogged with Flock