-Burn Rate Presentation-

Burn Rate is a book written by Michael Wolff <<<>

Michael Wolff is an internet guru, with great ideas but unsuccessfull business models. He ends up borrowing money to fund a business idea, that ends up being a total flop. He does this a couple or so times, and at the last draw... he writes himself a check out of the investment money and walks away from the whole idea. sounds like a movie ... well its not.!

In addition, he's not a very nice person. His business ideas are great, but his personality isn't soo great.... I have to hand it to him though... I think its amazing that people were willing to invest in him time after time.after time after time.. 'get rich quick' they all thought, with the internet, anything is possible... sounds like a fancy boat ride headed to paradise... only the compass isn't working? ok.. thats a lousy analogy,..... but... its still interesting to learn and hear about him and I found a pretty interesting clip on a news book he wrote.. ..

.. the problem for the most part is that things get old really quickly on the internet.. on average 'new' or latest in technology.. is good for approximately 3-4 months, and then on to the next 'newer' model or feature. A classic example would be cell phones and how rapidly they change!! They become smaller, faster, 'savvier' by the minute.. not too long ago the iphone was the IT phone to have, then the blackberry with the fancy touchscreen came out...

I guess in my experience, technology changes too fast. ...its a bad thing environmentally... I wish they could come up with a system where the lifecycle is longer, and just the software would be updated.... ! but there is something undisputable about the advancing ways of technology..... its a pretty cool thing!