Whoppers

I was interested in this, from the recent NZ Herald profile of David Kirk:

“Kirk was personally responsible for its decision to fork out a whopping $700 million for online auction site Trade Me – a sum that initially bewildered analysts on both sides of the Tasman.

The deal was announced the same week Rupert Murdoch bought MySpace, and Kirk is quick to note he isn’t the one who is now experiencing buyer’s remorse.

Trade Me contributes around $85 million a year to Fairfax’s coffers, whereas MySpace, which has absorbed many more millions, has yet to make a profit.”

Fairfax paid NZ$750 million for Trade Me (there was a further $50 million of earn-out payments on top of the $700 million paid up-front).

News Corp paid US$580 million for MySpace or about NZ$860 using the exchange rate at the time of the acquisition in 2005.

By just about any measure Fairfax would have to be happy with their purchase.

Perhaps analysts in Australia were “bewildered” when they heard the announcement, but this was probably more likely because they had never heard of Trade Me than anything to do with the price, once they saw the revenues.

$750 million is actually not a “whopping” amount to pay for a business that generates $85 million of cash, just three years later, and continues to be in a strong position.

What do you think?

Jobs at Fishpond

When a start-up business is growing quickly and everything is humming there is no better place to be. Which is one of the reasons why I’m excited to be involved with Fishpond – I’m an investor and also work with them as an advisor.

From their warehouse in Auckland, Fishpond run Australasia’s biggest online store, shipping books, movies, games, music and (just added) toys to customers around New Zealand and Australia and around the world (it’s a great place for ex-pat Kiwis to source their Outrageous Fortune fix from overseas, for example).

They are currently looking to add some more smart PHP developers to their team. There are both junior and senior positions available.

I think this is a great opportunity – a chance to work on a busy and popular website, which still has lots of room for improvement, and some complex back-end warehouse systems, and be part of a team that has a big influence on the success of the company.

If this sounds like you (or somebody you know) I’d encourage you to check out the job descriptions and apply.

I’ll look forward to working with you…

Garmin Lock In

I’m a big fan of Garmin.

I acquired a Forerunner 405 about 18 months ago from Chris Auld (even the toys he doesn’t want any more are cool!)

I have been raving about it to everybody ever since.

It’s a standard ANT+ sports watch which connects to a heart rate monitor and cadence/power meter on my bike, but also includes GPS built in.

The killer feature in my opinion is Garmin Connect, a website where you can upload data from your device.  This gives you a great view of the information collected while you’re training or racing (including plotting routes on a map) and let’s you keep track of this over time.  For example, here is a replay of the bike leg I did at Challenge Wanaka earlier this year (please focus on the first half of the race when I was flying, not the second half as I was dying up-hill and into the wind!)

This site has a really clean and simple design, and is a great example of a site that fades nicely into the background putting the focus on your data.

And, now that they have proper support for OS X, the integration is super slick – I simply put the watch in the same room as the computer at the end of a run or ride and the data is automatically sucked out and uploaded.

So, all was good.  Until…

I was on a long training ride a couple of weeks ago and noticed that the display on the watch was starting to fade in and out.  By the time I got home it was so faint that you couldn’t really see the details anymore.

As I write it’s less than 20 days until the Taupo Half Ironman, so (if you’ll excuse the pun) it couldn’t be worse timing.

The next day, I took the watch into a local shop to get the battery replaced, only to be told that they couldn’t help me.  So, I called the Garmin service department, and it turns out that the battery is not replaceable.

I have to say, they did everything right.  The lady I spoke to was very friendly and helpful.  Even though the watch was outside of its warranty period, once they checked the serial number they offered me a replacement at a significant discount to the normal retail price which arrived by courier a couple of days after I returned the faulty one.

But, I couldn’t help feeling like I was the sucker – somehow I’ve become locked in by an eco-system of accessories, online services and persuasive support staff.

So, I guess I need to add Garmin to the list of companies that has earned the right to tax me as they see fit.

You can’t invest in nothing

Here’s a simple thing which, evidence would suggest, is not obvious to many people:

You can’t invest in nothing.

Especially when there is a lot of volatility and uncertainty it’s tempting to think that you can opt-out and choose not to choose at all.  But, whether you like it or not, everything you have is invested in something.

Think about what you do with your money…

If you prefer cash under the mattress, you are investing in a specific currency and making a bet against inflation.  Ideally you’d choose a currency that reflects the things you might want to buy with that money in the future – if those things are imported or priced to compete with imports, then that’s unlikely to be the currency you use everyday.

If you put your money in the bank or in a term deposit you are backing the institution which holds the cash for you.  Of course, they almost certainly don’t actually “hold” it as cash – so, always ask yourself what they are doing with your money in order to be able to pay you interest.  The recent collapse of dodgy finance companies has shown that even though this option might seem safe, the risk you’re taking is not zero.

If you buy stocks on the sharemarket your investment is a bit more obvious.  Perhaps the company will do well and the share price will go up?  Or, perhaps the company will do well, but not as well as other people were expecting when you bought the stock, so the share price will go down? (remember, a share price is just a measurement of current market expectations).  Maybe you think it would be safer to invest in an index fund, but keep in mind that an index is just a collection of companies and this same logic applies to each of them and therefore to all of them together.

If you buy a house then you’re investing in the local property market.  If you have a mortgage you are borrowing (and paying interest on that loan) in order to be able to invest more than you would otherwise be able to afford.  It’s interesting how willing banks are to lend and people are to borrow to invest in property when they would be very unlikely to do that for any of the other investment options listed here.  But, I’m not going to criticise anybody for this choice – despite being a vocal advocate of renting as the sane mathematical choice, this was the first thing I did when I had the opportunity.  Actually, this is more of an issue for those who own multiple properties, or see their one house as a savings scheme rather than just a place to live (you can’t eat your house).  Either way, when you’re calculating the returns on your investment make sure you account for the full cost of owning the property over time – including insurance, rates, maintenance and the opportunity cost of the capital.

If you have your own small business then you’re probably investing in several different ways.  Perhaps you put up the capital to get the business off the ground?  Perhaps you pay yourself less than you could earn elsewhere.  These are just slightly longer term investments, in the hope that the business will grow and pay you back eventually.  When you look at it this way, I wonder how many small businesses perform better than the equivalent amount of cash in the bank, when all things are considered?

Maybe you prefer to spend than to save.  At least by investing in expensive toys today you will have less of a problem deciding what to invest in down the track!

Even if you give your money away, you’re effectively making an investment in a charity or non-profit to do something useful with that money.  Or not, as the case may be. (see: Real Good Not Feel Good)

Perhaps you can’t decide, so spread your bets, and do a little bit of each of these things?

Still every dollar you have is invested in something.

Of course, money is not the only scarce resource you have – the same thing is true of your time.

What are you investing your time and money in at the moment?

Google Alphabet for NZ

Google Suggest

Here is a list of the top suggested term for each letter in the alphabet, from the Google NZ home page:

A: air new zealand
B: bebo
C: currency converter
D: dictionary
E: ebay
F: facebook
G: gmail
H: hotmail
I: ird
J: jetstar
K: kiwibank
L: lotto
M: miniclip
N: nz herald
O: online games
P: pacific blue
Q: qantas
R: runescape
S: stuff
T: trademe
U: university of auckland
V: vodafone
W: white pages
X: xtra
Y: youtube
Z: zm

Some observations:

Surprisingly, four airlines make the list.  But only one bank, Kiwibank, although all of the others were in the top few results.

Lots of online gaming sites make the list, including runescape and miniclip, as well as the generic “online games” – club penguin and mathletics also featured in the top results for their letters.

Some local sites beat out well known international competition – e.g. “ird” over “itunes”, “air nz” over “amazon” and “white pages” over “wikipedia”.

Apart from “currency converter” and “online games” all of the other terms are brand names which the person doing the search could have reached directly just by adding a “.com” or “.co.nz”. (see related: Where do I find Google?)

What do you make of this list? Any obvious omissions?

How many letters do you have to type into Google Suggest before your site shows up?

I’m in fourth place, behind Rowan Atkinson and his daughter.

Replete

Emily: I’m on a new diet. I don’t eat anything. Then, when I feel like I’m about to faint I eat a single cube of cheese.
Amanda: It’s obviously working.
Emily: I’m just one stomach flu away from my goal weight.

The Devil Wears Prada

How do you know when you’ve had enough?

How do you stop yourself from having “too much” (whatever that means)?

I think that the answer to these questions will become increasingly important in a number of areas. More on that. But first, let me start with a personal anecdote and some lessons I’ve learnt about what I eat and drink…

Who ate all the pies?

On 21st October 2000 I weighed 106kg 1.

I was, by most reasonable definitions, a fat bastard.

I was talking with an old friend that evening, who was telling me about the seemingly crazy 8-week Liver Cleansing Diet that his then girlfriend, soon to be wife, was currently doing. I commented that I should probably try something like that, at which point he just about choked on his drink laughing. He bet me $100 that I couldn’t do it, which was all of the motivation I needed. It was bloody hard – my competitive spirit was probably the only reason I managed to complete it, to be honest.  The thought of another Carrot, Celery & Parsley juice first thing in the morning still makes me want to puke. But I did it, and by the end was already under 100kg.

Shortly after that I got Campylobacter from some dodgy sushi and lost another few kilos. There is a silver lining to every cloud.

On 1st August 2004 I weighed just over 80kg 2, and I’ve managed to stay at or about that weight since then.

During that time I made some permanent changes to my diet. I started drinking more water rather than coke and other fizzy drinks, which was a terrible habit I had picked up from my time in the Computer Science department at university.  And I stopped eating food that I knew was crap – e.g. no McDonalds since 2001. Apart from that I still eat and drink most things, including many things I probably shouldn’t, I’m just a bit more mindful about it.

I also became a lot more active. I started running when I was living in London, mostly to counterbalance the stress of trying to find work after September 11. After a while it got to the point where I could run for longer than my patience could tolerate, so I mixed it up a bit with some swimming and cycling (like most people, I thought I could swim, despite not really doing it for 20 years prior, and the first time I got back in the pool I managed about 80m before I just about drowned). I set myself the challenge of running the Nike Run London 10km race and, after I’d ticked that off, the London Triathlon, mostly as motivation to keep training through the northern winter.

But, more important than either of those things in isolation was doing both – breaking out of the negative feedback loop I was in and turning it into a positive cycle.

For a while I was quite proud of this achievement. But, now I’m mostly just embarrassed that I was ever in the position to need to lose that much 3.

It was all my own fault and responsibility, a result of poor choices and an increasingly sedentary lifestyle in the years prior to that.

It’s also not necessarily the end of the story.  I continue to pay pretty close attention, conscious of not wanting to fall back into bad habits.

At the moment I’m teetering on the edge of 80kg – perhaps one day soon I will drop into the 70s, for the first time in as long as I can remember. That will be a nice milestone.

Things we already know

“Don’t ask me about intermittent fasting, macro-patterning, cyclical ketogenic diets or meal replacements if you aren’t eating enough vegetables.”

Diet Blog

If you want to be healthier or lose some weight it’s very easy to complicate things.  But, in my experience at least, it’s mostly the simple things you already know you should or shouldn’t do which make the biggest difference.

I’m by no means an expert, but here are some lessons which I’ve picked up during this time, which may be useful.

All of these things are common sense, but not necessarily common.

1. Understand the maths

What you weigh is a simple function of the energy you consume and the energy you burn.

There are lots of ways to burn energy, some more fun than others. You burn some energy just by breathing, so it’s not necessarily all about sweating it out at the gym.

There are not so many ways to consume energy, apart from when you put food and drink in your mouth.

By far the easier way to tip this formula in your favour is to be more careful about the energy you consume – it’s far FAR easier to unnecessarily consume a few hundred calories than it is to burn them off on the treadmill.

The best explanation of this maths I’ve come across is The Hackers Diet.

2. Track the crap food and drink you consume back to the source

If you don’t want to eat crap food, don’t put it on your plate.

If you don’t want it on your plate, don’t put it in your cupboard.

If you don’t want it in your cupboard, don’t put it in your trolley at the supermarket

I’m not one of those people who eats a biscuit, I eat the whole packet. When I was little if you didn’t eat as many as you could as soon as the packet was opened there would be unlikely to be any left later on 4.  So, perhaps this is a learned behaviour – I don’t know?

My wife, on the other hand, is the sort of person who can happily eat one piece from a block of chocolate and then put the rest away for another day. I have a lot to learn from her. But in the meantime it’s better for me to keep a safe distance between myself and the crap food I don’t want to eat.

3. Buy your quota of good food

If you want to eat good food, make sure you buy enough of it.

If you want to eat 5 “servings” of fruit and vegetables per day, and there are two people in your household, that means buying 70 servings worth per week when you shop – probably a lot more than you would think.

Your appetite isn’t going to run out when the good food does, you’ll just revert to eating crap.

Related to this…

3(b). Good food you throw away doesn’t count

One of the things I noticed when I started to pay a bit more attention to the food that we put in the trolley at the supermarket and also the food scraps we put in the bin, was that we would usually eat all of the unhealthy foods we bought but less than all of the good foods (fruit, vegetables, etc) which were much more likely to go off and be thrown away.

It’s not enough to buy good food, you actually have to eat it.

4. Measure

I struggled with this until just recently.

Firstly, you need to find something to measure which actually correlates to the change you’re trying to make.

The only reason so many people focus on weight (in kilograms etc), I think, is because it’s so easily measured. But, there are others, which are arguably more relevant.

For example:

  • Your waist circumference – objective, easily measured
  • The belt hole you use – same as waist circumference, but with a less granular scale
  • How good you look naked in a mirror – more subjective, hard to fake
  • How fit you feel – completely subjective, easily ignored/excused 5

Secondly, you need a way to track what you’re measuring that actually gives you useful results.

Jumping on the scales every now and then isn’t going to help at all.  To get useful data you need to be systematic about it – i.e. weigh yourself at the same time everyday and track a moving average, otherwise your results will be skewed by normal fluctuations that occur.

If you want to understand these movements better, measure your weight at regular intervals – e.g. every 15 mins – during the course of a few days, you’ll be astounded how much your weight goes up and down as you eat, drink and poop, and surprised by how much weight you lose just by sleeping every night.

You also need to keep measuring long enough to see the trends that reveal themselves over longer periods of time.

I’ve found an iPhone app called FatWatch to be an excellent tool that I can easily use everyday.

Lastly, avoid measuring inputs rather than outputs.

The diet you’re following is an input. The gym membership you’ve signed up for and/or the expensive exercise equipment you’ve purchased are inputs. Even how often and how hard you workout are inputs.

What matters is the overall impact that those inputs have on the measures you care about.

5. Stop making lame excuses

A common excuse: “I started going to the gym, and put on weight, but muscle weighs more than fat”.

The more likely reality: because you were expending more energy you probably consumed more energy to compensate (Powerade, anybody?) and as a result likely didn’t burn much fat at all.

The reason you still weigh too much or look rubbish in the mirror is not because you all of a sudden have big muscles.

Yes, muscle weighs more than fat. But, fat doesn’t convert into muscle. When you exercise you burn fat and increase the size of your already existing muscles. The extent to which one offsets the other depends on a number of variables.

To test any excuse like this, try it in reverse: “Yes, I’ve lost some weight, but I haven’t been going to the gym so often so it’s probably just muscle reverting to fat and fat weighs less than muscle”.

There are heaps of silly excuses like this, and they don’t help.

6. Start

This is a real problem: you need to do enough to break the negative loop I described above. But, you need to start with something simple and achievable enough that you actually do it, repeat it and can build on it.

I don’t have the answer for you. In my case I was very lucky to have somebody else who was prepared to kickstart the process, by creating a competition that I was determined to win.

I know one expert who gets approached by people all the time asking for help with an exercise programme. His advice: go for a short walk every day for a week, then call me back 6. They seldom do – I suspect a combination of scepticism that a short walk will make any difference, and an inability to motivate themselves off the couch in the first place (much easier if you have somebody else kicking your ass, perhaps?)

Whatever the solution is for you, start.

It probably won’t be a quick fix, it’s unlikely to be easy, and the results to start with are likely to be underwhelming.  But, what did you expect?

Shop like there is no tomorrow?

Of course, eating and drinking more than we need is not the only way we all over consume in ways that hurt us.

For example, spending more than we can afford on things we don’t really need and then complaining that we don’t have enough money to invest for the longer term or that there isn’t enough space in our house. Or, wasting hours on pointless stuff and then complaining that there isn’t enough time to do all of the things that we need to and want to.

Interestingly, the same techniques that I described above can help in these other areas too.

The same sort of maths applies – the amount of money you save is a function of how much you earn and how much you spend; the amount of clutter in your house is a function of how much stuff you buy and how much stuff you chuck out; the amount of time you have to spend on the things you want to do is a function of the amount of stuff you’re trying to do and how efficiently you work.

Tools like RescueTime and Wesabe can help you track how you actually manage your time and money, and track the trends over time. They are also starting to evolve to help you actually try and solve the underlying problem rather than just measure it.

Many of the standard self-help prescriptions you hear in these areas are simply variations on the advice for people who eat too much – e.g. a financial planner telling you to automatically saving a portion of your income each month and putting it somewhere where you can’t easily spend it, or cutting up your credit cards is no different from a nutritionist who tells you to stop putting the crap food you don’t want to eat into your trolley at the supermarket.

I don’t know, but would guess that a lot of the excuses given by people who have a problem with these things are also misguided – e.g. people who shop like there is no tomorrow blaming the amount of money they earn rather than the amount of money they spend for their financial predicament, in just the same way as somebody who overeats starting out trying to lose weight by burning more rather than consuming less; and the person who has a house that is full of clutter who thinks their problem is that they just don’t have enough space, but just needs to learn how to chuck out stuff they don’t need any more.

And, of course there are equivalent negative feedback loops created in each case too.

Less is the new more?

Being satisfied with less is hard, it would seem.

As the guys from RescueTime have noticed, there are lots of things that are making it harder and harder for people:

“The web is getting scientific. Specifically, it’s getting scientific about separating you from your time. Entertainment and news sites are doing multi-variate testing trying to maximize the metrics that matter in their business. That is: pageviews, time-on-page, and bounce-rate. They’re getting good at these tests, and it’s costing us. Even the best of us. We’ve all experienced that moment where we look at the clock and realize, ‘Holy crap– I just spent two hours surfing when I really wanted to be getting things done!’.”

RescueTime Blog

The same is true of food, and money.

The challenge is to find ways to counterbalance these things and break out of the negative feedback loops. I think this is something that people will increasingly want and need help with, and that creates opportunities.

I’m interested in your ideas.

How do you know when you’ve had enough? How do you stop yourself from having too much?

Are there other areas you can think of where less is now more desirable than more (although not necessarily easier to achieve)?

And, how can you help others with these sorts of problems?

Notes:

[1] The only reason I’m able to remember this exact date is because it coincided with a rare Wellington victory in the NPC.

[2] The day I did the London Triathlon.

[3] As I recently noted on Twitter, it’s a funny thing that people who fix a problem and get themselves out of a bad position, like an addiction to alcohol, coffee, or overeating (or many number of other things), are given more credit than those people who avoided the situation in the first place.

[4] Another related thing I’ve noticed myself doing now I have my own kids is insisting that they eat everything they are served (“no dessert unless you finish your dinner”).  That’s fine as long as the serving size is appropriate, but again probably not necessarily a healthy habit to encourage.

[5] You only have to look at the body shape of some normal people competing in endurance events to realise that you don’t necessarily have to be skinny and light to be fit.

[6] Simple filters like this can be very effective.  I use an equivalent approach when people I don’t know contact me wanting to chat about their great idea for a website.  I ask them to send me a one-page summary first.  So far, very few people have bothered – and keep in mind, these are all people who were asking me to spend my time on them.

A Pound

The standard rule of thumb says that each UK pound is worth about $3 NZ.

We were fortunate to be living and working in the UK in 2001, when the terrorist attacks in the US caused the exchange rate to jump around a lot. At the start of September 2001 each pound was worth about $3.30 NZ, and by the end of that month it was consistently over $3.60 NZ. It peaked, on the 2nd of October 2001, at $3.64.

Needless to say we sent home all of the money we could, which was not as much as we would have liked.

Even when we came back to NZ in 2004 the conversion was still above $2.80 per pound.

However, that is a story from another time.

Here is what has happened recently:

3m

In fact, as this graph shows, the rate has hardly been over $3 at all in the last five years:

5y

Last time the exchange rate was at this current level was in June 1984 (when I was 8 years old!)

What if a pound is worth just $2 NZ? Is that a good thing?

It’s definitely not such good news at all for those kiwis in London hoping to bring pounds back with them, or those companies working hard back here to sell into the UK market. And it’s also more expensive for UK tourists and immigrants to spend money here in NZ, so we should expect them to spend less.

So, who wins under this scenario?

I wonder how long the exchange rate needs to stay at these sort of levels (or perhaps even lower) before people stop assuming a $3 value?

How to stop writing a blog

Two easy steps:

1) Don’t write for a week.

2) Repeat.

It’s as easy as that!

Perhaps you should follow me on Twitter?

From The Archives: 7 Favourites

So far in this “From The Archives” series I’ve covered some of the topics that I have written about most often:

In this last instalment, I’ve included some other favourite posts that don’t necessarily fit into one of these buckets, in no particular order:

Fact-based vs Faith-based, 20th July 2009

“I think that there are basically two types of people in the world…”

You down with FPP?, 30th April 2007

“Is that really 5 years’ experience, or is it 1 year repeated 5 times?”

Holy Cow!, 12th November 2008

“Your life flashes before your eyes so frequently – as your driver lurches out into the opposite lane, one hand on the steering wheel and one hand permanently on the horn, at a speed that is much faster than the designer of the tiny little car you’re sitting in would have dreamed possible, only to discover that heading in the other direction is a public bus packed so full that people have overflowed onto the roof, while all sorts of livestock block the side of the road  – it starts to become mundane.”

Lossless, 1st February 2008

“Technology moves on quickly, but we users are not always so quick to adjust to those things that are the constraints.”

Fixing Personal Finance Software, 12th May 2008

“Do you actually need to categorise every transaction?”

Everybody is a genius in a bull market, 19th August 2007

“Prices can go up and down … think about what will influence the supply and demand over the coming years”

Start != Finish, 12th January 2009

“When the clock ticked over from 5 hours 59 minutes I went directly from ‘achieved’ to ‘failed’, which was pretty harsh.”

Thanks you to everybody who has taken time to read what I’ve written here over the last couple of years.  And, a special thank you to those who have responded, either with a comment on the site or via email – you make me smarter.

Normal service resumes shortly…

From The Archives: Start Ups

Funding Options, 14th May 2009

“If you talk to people who have been successful in the past, I think you’ll tend to find that they will simply recommend the approach that worked for them. So, be careful in whose counsel you take.”

Where to start?, 14th January 2008

“How good is [your website] going to be when it first goes live? Probably pretty crap, truth be told.”

Train the trainer, 8th August 2007

“…if you’re going to rely on word-of-mouth marketing this is exactly how your idea will spead.”

(see also The elevator test, 31st May 2007 and Some questions about your idea, 9th April 2008)

Fairy tale pricing, 26th September 2008

“One of the hardest things to get right when you have a new product or service is pricing. It requires a beautiful mix of art and science. And, even when you think you have it right something changes and it’s probably all wrong again.”

From The Archives: Winning The Lottery

One hit wonder, 11th December 2007

“Have you found a problem you can solve, or do you just need a reason to get out of the house? What are you trying to prove? Who are you trying to impress? What do you get out of it? Is it all about a big cheque at the end? How much are you prepared to risk to be successful?”

(see also: On having something to be excited about24th February 2007)

Rich & Famous, 14th December 2008

“If you had to choose, which would you rather be? Rich, but unknown; or Famous, but actually poor.”

Because, 29th January 2009

“Looking at a high profile success and thinking that you just need to do the same to be successful can be quite misleading.”

Never compare your inside with somebody else’s outside, 9th July 2007

“What kind of car would you buy if money wasn’t an issue?”

From The Archives: Marketing

Is marketing broken?, 13th February 2007

“Sam’s insight was that marketing was broken. Rather than wasting lots of money on big billboards and TV ads (’it’s shopping on the internet’!) he instead decided to focus on building a really great product, which people like to use and tell their friends about.”

TVCs, 21st December 2008

“Can anybody give me any example of a web-based business that has achieved long-term benefits from a TV advertising campaign?”

True fans, 1st August 2008

“The maths is not complicated: How many true fans do you need?  Is that number achievable? How can you increase the average amount that each true fan spends?  And, how can you eliminate costs that do not contribute to supporting true fans? Once you understand the impact of these two variables it will focus your attention on the things you can do to improve each of them. “

Blackhole marketing, 26th August 2007

“Every week there are memes which spread online like a virus, only to disappear just as quickly, normally never to be seen or heard from again.”

From The Archives: Politics

Tax matters?, 26th May 2008

“I don’t know, but I suspect there is an argument to say that lower tax rates just mean that those who are motivated to be successful either way get to keep more of the money they earn.”

Working for families?, 27th May 2008

“I suspect people would think differently about our “free” health and education systems, for example, if they better understood how much of their money was spent on it each year.”

(see also: Tax Statement, 8th June 2008)

Transparency, 9th June 2008

“Should public data be available online? The evidence would suggest that we can’t really make up our minds.”

The Order of New Zealand, 15th October 2008

“As a country, what do we reward?”

NZ Flag, 5th January 2009

“I find it odd that our country still holds onto some traditions from our time as a part of The Empire.  The UK and Europe have changed a lot since then, and they have clearly moved on.  It seems to me that we could too.”

“The Silver Fern is a symbol which is widely associated with New Zealand and New Zealanders.  It’s the symbol most of us would pick if we were asked to represent our country in a single image – which, after all, is the broad purpose of a flag isn’t it?”

From The Archives: Less

You have no new messages, 20th January 2008

“Getting your inbox under control is bloody hard and keeping on top of it is a constant battle. Compared to the alternative, though, it’s worth the effort.”

My name is Rowan, I’m an addict, 9th March 2008

“Some say the first step to recovery is admitting you have a problem.”

De-clutter, 31st December 2007

“Less!”

(this is by a long margin the most read and linked to blog post I’ve written)

Fat homes, 29th March 2007

“As a reformed hoarder, I love the analogy of a house slowly getting fat as you fill it with more and more stuff.”

Living in an Amish paradise, 28th November 2007

“You can agree or disagree with their view of the world, but I don’t think you can fault them for having a values-based way of making decisions about [technology]“

No news is good news, 4th May 2008

“I didn’t realise it until now, but less is nostalgic.”

From The Archives: Trade Me

Some more recent thoughts, looking back:

In the beginning…, 22nd March 2009

“I’ve never worked so hard or had so much fun. We got to experience a business growing at an astonishing rate, although what we didn’t realise at the time was that this was just the beginning.  It was a privilege to be part of it.”

What’s in it for me?, 12th July 2009

“This is not the first time that Trade Me has changed the design of the site.  In fact, it has only ever changed.”

Some older posts about the inner workings of Trade Me:

www.trademe.com.au, 31st January 2007

“Some companies treat their employees like grown-ups. Some don’t. It’s nothing new. – Mike O’Donnell”

Questions from Tim Haines: Part I, 7th March 2007

“We’ve worked hard to keep this application architecture simple.”

Questions from Tim Haines: Part II, 10th April 2007

“[Right from the beginning] we’ve been constantly tweaking the tools and processes we use, to accommodate a growing team and a growing site. As our application and environment has evolved and become more complex our tools and process have had to change also.”

ASP.NET 2.0, 15th January

“Last week we deployed Trade Me as an ASP.NET 2.0 application. We switched over early on Tuesday morning without even taking the site offline. With luck, nobody noticed. Nonetheless, this is an exciting milestone.”

Why doesn’t Trade Me have an API?, 8th May 2007

“It’s not that we haven’t thought about it. There are some legitimate reasons why we’ve chosen to not build an API to date. I thought it would be interesting to talk about some of these and get your thoughts.”

(see also: A conversation about an API, 15th May 2007)

TechEd 2006 Keynote, 8th August 2007

And, a summary of what I learned working at Trade Me:

Trade Me Manifesto, from 16th September to 7th October

What is it about Trade Me that makes it so successful? Is there a secret formula? And, if so, can we bottle it?”

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Rowan Simpson
PO Box 3210
Wellington, 6140
New Zealand
Twitter: rowansimpson

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