I am surprised to say I’ve become something of a fan of marketing author Seth Godin.
I find his blog purposefully insightful, thought-provoking and strangely general. A person from just about any industry could take lessons away from his posts, which, of course, is likely his purpose.
It’s in that way that if, say, a fellow young journalist asked for a few blogs to follow, I’d suggest at least two that really don’t have any direct relationship to newspapers or even media. I’d certainly say Godin’s, and I’d also say Mark Cuban‘s — but that’s for another post.
I have to fight an urge to share very nearly everything they post.
Last month, though, I found a bit of a theme in Godin’s posts. It may have been because of my focus of my own announcement of intentions to monetize Technically Philly, but no matter the reason, I think Godin offered a series of interesting thoughts on making sales, all of which correlated, I thought, to Web startups.
I now know a handful of bright people – some family, some friends, some young all smart and competent – who are victims of what is becoming a growing economic hysteria, made worse by media… and blogs. This from the Washington Post:
New unemployment figures from the Department of Labor show average new jobless claims for the past four weeks up more than 200,000 from a year ago to their highest level since Dec. 1982.
The latest Washington Post-ABC News poll found job cuts reaching a broad swath of Americans: nearly two in 10 reported they or someone in their household had lost a job in the past few months, and almost three in 10 said their household had been hit with a pay cut or reduced hours at work.” [Source]
It seems like a suggestion that Pennsylvania’s largest city – the city of firsts, the workshop of the world, the first great city of the United States – isn’t good enough. Or as Fred Anton, head of the Pennsylvania Manufacturers Association, told eminent Daily News columnist John Baer, Philly isn’t “exotic” enough. His recent most column lambasted the 109-year-old celebration:
Cancel next month’s Pennsylvania Society weekend in New York City, or curtail it, or work on moving it to its home state.
In the worst economy since the Great Depression, with 1.2 million jobs lost this year, with state unemployment at 5.7 percent, the highest rate since right after Gov. Rendell took office in ’03, with the city facing job cuts and a $1 billion shortfall, it just strikes me as a tad unseemly to, you know, party hearty. [Source]
Poor people are less likely to have bank accounts, which can be expensive for those with low balances, and so they tend to cash their pay checks at check-cashing businesses, which, in cities surveyed, charged $5 to $50 for a $500 check.
Nationwide, low-income car buyers, defined as people earning less than $30,000 a year, pay 2 percentage points more for a car loan than more affluent buyers.