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	<link>http://minitrends.com</link>
	<description>How innovators and entreprenuers discover and profit from emerging business and technology trends.</description>
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		<title>Happy Holidays from Technology Futures, Inc. and Minitrends &#8211; Verse by Dr. John Vanston, Design by Helen Mary Marek</title>
		<link>http://minitrends.com/happy-holidays-from-technology-futures-inc-and-minitrends-verse-by-dr-john-vanston-design-by-helen-mary-marek/</link>
		<comments>http://minitrends.com/happy-holidays-from-technology-futures-inc-and-minitrends-verse-by-dr-john-vanston-design-by-helen-mary-marek/#comments</comments>
		<pubDate>Sun, 25 Dec 2011 00:43:10 +0000</pubDate>
		<dc:creator>Carrie Vanston</dc:creator>
				<category><![CDATA[TFI Holiday Cards]]></category>
		<category><![CDATA[TFI Holiday Card]]></category>

		<guid isPermaLink="false">http://minitrends.com/?p=2793</guid>
		<description><![CDATA[For 33 years, we at Technology Futures have created our own holiday cards, selecting a theme that reflects a recent event or trend. Typically Dr. John Vanston, TFI Chairman, writes the verses and Helen Mary Marek, TFI Creative Director (and John&#8217;s daughter),  designs the cards. This year we were intrigued that researchers at CERN in Switzerland have [...]]]></description>
			<content:encoded><![CDATA[<p>For 33 years, we at Technology Futures have created our own holiday cards, selecting a theme that reflects a recent event or trend. Typically Dr. John Vanston, TFI Chairman, writes the verses and Helen Mary Marek, TFI Creative Director (and John&#8217;s daughter),  designs the cards. This year we were intrigued that researchers at CERN in Switzerland have apparently caused neutrinos to travel faster than the speed of light which has long been considered the maximum possible speed. Clearly this speed has been exceeded for centuries by a familiar jolly elf!</p>
<div id="attachment_2794" class="wp-caption alignright" style="width: 520px"><img class="size-full wp-image-2794    " title="Happy Holidays from Technology Futures, Inc. and Minitrends" src="http://minitrends.com/wp-content/uploads/2011/12/2011-TFI-Holiday-e-Card-4-Web-proportion-150dpi.jpg" alt="Happy Holidays from Technology Futures, Inc. and Minitrends" width="510" height="365" /><p class="wp-caption-text">Happy Holidays from Technology Futures, Inc. and Minitrends -- Verse by Dr. John H. Vanston, Chairman, TFI, and design by Helen Mary Marek, Creative Director.</p></div>
<p>&nbsp;</p>
<p>(Earlier Original Holiday Cards by TFI: <a title="TFI Holiday Greetings 2010" href="http://www.tfi.com/holidays2010.html" target="_blank">2010</a>, <a title="Holiday Greetings TFI 2009" href="http://www.tfi.com/holidays2009.html" target="_blank">2009</a>, <a title="TFI Holiday Greetings 2008" href="http://www.tfi.com/holidays2008.html" target="_blank">2008</a>, <a title="TFI Holiday Greetings 2007" href="http://www.tfi.com/pressroom/holidays2007.html" target="_blank">2007</a>, <a title="Technology Futures, Inc. Holiday Greetings 2006" href="http://www.tfi.com/pressroom/holidays.html" target="_blank">2006</a>)</p>
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		<title>MINITRENDS Wins  Pinnacle Best Business Book Award</title>
		<link>http://minitrends.com/minitrends-wins-pinnacle-best-business-book-award/</link>
		<comments>http://minitrends.com/minitrends-wins-pinnacle-best-business-book-award/#comments</comments>
		<pubDate>Thu, 22 Dec 2011 20:31:57 +0000</pubDate>
		<dc:creator>Carrie Vanston</dc:creator>
				<category><![CDATA[Awards]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Minitrends]]></category>
		<category><![CDATA[Searching for Mintrends]]></category>
		<category><![CDATA[Trends]]></category>
		<category><![CDATA[Carrie Vanston]]></category>
		<category><![CDATA[emerging technologies]]></category>
		<category><![CDATA[entrepreneur]]></category>
		<category><![CDATA[entrepreneurship]]></category>
		<category><![CDATA[John and Carrie Vanston]]></category>
		<category><![CDATA[John H. Vanston]]></category>
		<category><![CDATA[Technology Futures Inc.]]></category>
		<category><![CDATA[trends]]></category>

		<guid isPermaLink="false">http://minitrends.com/?p=2675</guid>
		<description><![CDATA[Technology Futures, Inc. is pleased to announce that MINITRENDS: How Innovators &#38; Entrepreneurs Discover &#38; Profit From Business &#38; Technology Trends by Dr. John H. Vanston with Carrie Vanston has won the Pinnacle Book Acheivement Best Business Book Award. This award is in addition to several earlier book awards received this year. According to Dr. Vanston, &#8220;Many people [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_2679" class="wp-caption alignright" style="width: 196px"><img class="size-full wp-image-2679  " title="PinnacleAwardSticker2" src="http://minitrends.com/wp-content/uploads/2011/12/PinnacleAwardSticker2.jpg" alt="MINITRENDS book about emerging trends wins Pinnacle Book Acheiv" width="186" height="187" /><p class="wp-caption-text">MINITRENDS wins Pinnacle Book Achievement Best Business Book Award by helping readers find new trends &amp; business opportunities</p></div>
<p>Technology Futures, Inc. is pleased to announce that <em><a title="MINITRENDS: How Innovators &amp; Entrepreneurs Discover &amp; Profit From Business &amp; Technology Trends" href="http://www.minitrends.com/book">MINITRENDS: How Innovators &amp; Entrepreneurs Discover &amp; Profit From Business &amp; Technology Trends</a></em> by <a title="Bio: Dr. John H. Vanston, Author, MINITRENDS: How Innovators &amp; Entrepreneurs Discover &amp; Profit From Business &amp; Technology Trends" href="http://minitrends.com/about-us/bios/">Dr. John H. Vanston</a> with Carrie Vanston has won the Pinnacle Book Acheivement Best Business Book Award. This award is in addition to several earlier book awards received this year.</p>
<p>According to Dr. Vanston, &#8220;Many people will be starting the New Year with resolutions to achieve new goals. I am gratified with the attention <em>MINITRENDS </em>is receiving because I believe the book provides a path to make those goals a reality. The best way for individuals and businesses seeking to start new ventures or keep existing business innovative and competitive is to be constantly on the lookout for emerging trends that are not yet widely recognized. <em>MINITRENDS</em> helps people do just that by providing a mindset and process for initial idea generation and techniques to analyze and exploit these ideas.&#8221;</p>
<div class="simplePullQuote">The best way for individuals and businesses seeking to start new ventures or keep existing business innovative and competitive is to be constantly on the lookout for emerging trends that are not yet widely recognized.</div>
<p>Based on Dr. Vanston&#8217;s more than 30 years of experience in identifying and applying technical, social, and business trends, <em>MINITRENDS</em> provides practical guidance to individuals and organizations of all sizes for extracting business opportunities from emerging trends that have a realistic chance of becoming profitable in the next 2-5 years. The book assists the reader in launching their own exciting, profitable &#8220;Minitrend Adventure&#8221; using their creativity, foresight, innovative nature, and basic good sense.</p>
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<p>Additional accolades for <em>MINITRENDS</em> include an Eric Hoffer Business Book of the Year Award and finalist nods from <em>ForeWord Reviews&#8217;</em> Business Book of the Year, <em>USA Book News&#8217;</em> Entrepreneurship &amp; Small Business Book of the Year, and Dan Poytner&#8217;s Global eBook Awards Business Book of the Year. Excellent <a title="Accolades on value of MINITRENDS book for finding emerging business trends and business opportunities" href="http://minitrends.com/book/reviews/">endorsements and testimonials</a> have also been received from top futurists Joseph Coates and David Pearce Snyder and many other opinion leaders and publications.</p>
<p>For more information on Minitrends, please visit the <a title="Minitrends Website for innovators and entreprenuers to learn to find and profit from emerging business, technology, and social trends." href="http://minitrends.com/">Minitrends Website</a> or contact us by e-mail or (512) 258-8898.  (Click here to <a title="MINITRENDS: How Innovators &amp; Entrepreneurs Discover &amp; Profit From Business &amp; Technology Trends" href="http://http://www.amazon.com/gp/product/1884154360?ie=UTF8&amp;tag=techfutuinc-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=1884154360" target="_blank">purchase book</a>.)</p>
<p>For 33 years, TFI has helped organizations plan for the future by offering outstanding <a title="TFI offers outstanding technology and telecom forecasting and trends services" href="http://www.tfi.com/" target="_blank">technology and telecommunications forecasting</a> services and custom forecasts for key trends to high-technology and <a title="TFI provides quality telecommunications forecasting and telecom custom studies on key trends to telecom companies" href="http://www.tfi.com/telecommunications.html" target="_blank">telecom organizations</a>.</p>
<p>PRESS, MEDIA, BLOGGERS: Please contact Carrie Vanston at info@tfi.com or (512) 258-8898 if you are interested in doing a Minitrends article, to request an interview with Dr. Vanston, or to request a review copy of <em>MINITRENDS.</em></p>
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		<title>&#8220;Almost President&#8221; Book Mirrors &#8220;MINITRENDS&#8221; Book on Value of Losing Presidential Candidates Platforms for Finding Trends</title>
		<link>http://minitrends.com/almost-president-book-mirrors-minitrends-book-on-value-of-losing-presidential-candidates-platforms-for-finding-trends/</link>
		<comments>http://minitrends.com/almost-president-book-mirrors-minitrends-book-on-value-of-losing-presidential-candidates-platforms-for-finding-trends/#comments</comments>
		<pubDate>Thu, 08 Dec 2011 18:31:45 +0000</pubDate>
		<dc:creator>John Vanston</dc:creator>
				<category><![CDATA[Minitrends]]></category>
		<category><![CDATA[Searching for Mintrends]]></category>
		<category><![CDATA[Trends]]></category>
		<category><![CDATA[Presidential Platforms]]></category>

		<guid isPermaLink="false">http://minitrends.com/?p=2686</guid>
		<description><![CDATA[In the “Where to Search for Minitrends” section of our book MINITRENDS: How Innovators &#38; Entrepreneurs Discover &#38; Profit From Business &#38; Technology Trends, Carrie Vanston and I note that an interesting indication of emerging trends can be found by examining the platforms of losing presidential candidates. Although most people pay little attention to the platforms [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_2697" class="wp-caption alignright" style="width: 164px"><a href="http://minitrends.com/almost-president-book-mirrors-minitrends-book-on-value-of-losing-presidential-candidates-platforms-for-finding-trends/almostpresidentcover/" rel="attachment wp-att-2697"><img class="size-full wp-image-2697" src="http://minitrends.com/wp-content/uploads/2011/12/AlmostPresidentCover.jpg" alt="Almost President by Scott Farris--Book Cover" width="154" height="227" /></a><p class="wp-caption-text">Almost President by Scott Farris</p></div>
<p>In the “Where to Search for Minitrends” section of our book <em><a title="MINITRENDS: How Innovators &amp; Entrepreneurs Discover &amp; Profit From Business &amp; Technology Trends" href="http://minitrends.com/book/about-book">MINITRENDS: How Innovators &amp; Entrepreneurs Discover &amp; Profit From Business &amp; Technology Trends</a>, </em>Carrie Vanston and I note that an interesting indication of emerging trends can be found by examining the platforms of losing presidential candidates. Although most people pay little attention to the platforms of these candidates,  a great deal of insight can be gleaned from inspection of these platforms. From this insight, Minitrends may be found that lead to positive business opportunities.</p>
<p>A new book, <em><a title="Almost President: The Men Who Lost the Race but Changed the Nation " href="http://www.amazon.com/Almost-President-Lost-Changed-Nation/dp/0762763787" target="_blank">Almost President: The Men Who Lost the Race but Changed the Nation</a>, </em>by Scott Farris, expands on this issue. Mr. Farris mentions, for example, Tomas Dewey’s changing the focus of the Republican Party from opposing the New Deal to accommodating it, Barry Goldwater’s vote against the Civil Rights Act of 1964 that converted the South from the Democrat Party to the Republican Party, and the role of William Jennings Bryan in shaping the Democratic Party into the progressive one. These ideas reflect the ones described in our book, i.e., Adlai Stevenson’s 1956 advocacy of a Nuclear Test Ban Treaty which was signed in 1963, Barry Goldwater’s laying the ground work in 1964 for the Reagan Revolution, and Al Gore’s emphasis on Global Climate Change which not only raised awareness of environmental concerns around the world, but also led to his winning an Academy Award, a Grammy Award, an Emmy Award, and Nobel Peace Prize.</p>
<p>Robert K. Landers does a nice review on the book entitled <em><a title="Article by Robert K. Landers on &quot;Almost President&quot;" href="http://online.wsj.com/article/SB10001424052970204449804577068353460938904.html?KEYWORDS=almost+president" target="_blank">Influence Instead of Victory</a></em> for the Wall Street Journal.</p>
<p>Carrie and I are looking forward to other authors writing about the other eight Minitrends discovery sources we describe in our book.</p>
<p>John H. Vanston, Ph.D.<br />
Chairman, Technology Futures, Inc.<br />
Author, <em><a title="MINITRENDS: How Innovators &amp; Entrepreneurs Discover &amp; Profit From Business &amp; Technology Trends" href="http://minitrends.com/book/about-book/">MINITRENDS: How Innovators &amp; Entrepreneurs Discover &amp; Profit From Business &amp; Technology Trends</a></em></p>
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		<title>InnoTech Conference Teeming With Emerging Trends</title>
		<link>http://minitrends.com/innotech-conference-teeming-with-emerging-trends/</link>
		<comments>http://minitrends.com/innotech-conference-teeming-with-emerging-trends/#comments</comments>
		<pubDate>Tue, 25 Oct 2011 15:35:35 +0000</pubDate>
		<dc:creator>Carrie Vanston</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Events]]></category>
		<category><![CDATA[Minitrends]]></category>
		<category><![CDATA[Mobile Technology]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Trends]]></category>
		<category><![CDATA[Videos]]></category>
		<category><![CDATA[Apogee Search Marketing]]></category>
		<category><![CDATA[Carrie Vanston]]></category>
		<category><![CDATA[Craig Wax]]></category>
		<category><![CDATA[emerging technologies]]></category>
		<category><![CDATA[entrepreneur]]></category>
		<category><![CDATA[entrepreneurship]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[forecast]]></category>
		<category><![CDATA[Giovanni Galluci]]></category>
		<category><![CDATA[InnoTech]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[Invodo]]></category>
		<category><![CDATA[mobile computing]]></category>
		<category><![CDATA[mobile phones]]></category>
		<category><![CDATA[mobile trends]]></category>
		<category><![CDATA[online advertising]]></category>
		<category><![CDATA[Pat Scherer]]></category>
		<category><![CDATA[Sean Lowry]]></category>
		<category><![CDATA[social networking]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[technology trends]]></category>
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		<category><![CDATA[William Leake]]></category>

		<guid isPermaLink="false">http://minitrends.com/?p=2565</guid>
		<description><![CDATA[I&#8217;ve attended the InnoTech Conference and Expo and its associated eMarketing Summit for several years now and always learn a lot. This year I wanted to pass on some comments from experts that I heard yesterday relating to emerging trends that are becoming more and more important: Sean Lowry, of the very successful InnoTech series, always does [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_2629" class="wp-caption alignright" style="width: 310px"><img class="size-medium wp-image-2629" title="Sean Lowry, Exe. Dir., Innotech and Carrie Vanston, Co-Author, MINITRENDS at Innotech Conference, Photo by Sloan Foster" src="http://minitrends.com/wp-content/uploads/2011/10/Innotech-Carrie-SeanFinal-300x250.jpg" alt="Sean Lowry, Exe. Dir., Innotech and Carrie Vanston, Co-Author, MINITRENDS at Innotech Conference, Photo by Sloan Foster" width="300" height="250" /><p class="wp-caption-text">Sean Lowry, Exe. Dir., Innotech and Carrie Vanston, Co-Author, MINITRENDS at Innotech Conference, Photo by Sloan Foster</p></div>
<p>I&#8217;ve attended the InnoTech Conference and Expo and its associated eMarketing Summit for several years now and always learn a lot. This year I wanted to pass on some comments from experts that I heard yesterday relating to emerging trends that are becoming more and more important:</p>
<p>Sean Lowry, of the very successful<a title="Sean Lowry Innotech Austin San Antonio" href="http://www.innotechaustin.com/" target="_blank"> InnoTech</a> series, always does a great job of making sure everything runs smoothly. I was even able to steal him for a minute to ask what emerging trends he saw coming. He told me, &#8220;I see continued convergence of all the different technologies we are seeing here today. Development of mobile applications and host applications in the cloud are particularly important. There is so much video activity and a lot of it is being hosted in the cloud now.&#8221;</p>
<p>I asked Giovanni Galluci, <a title="Giovanni Gallucci Social Media Expert" href="http://gallucci.net/online_marketing.asp" target="_blank">social media expert</a> and <a href="http://gallucci.net/photography.asp" target="_blank">Dallas photographer</a> what he thinks the next trend in social media is going to be. He said, &#8220;Getting over it. Everyone is burnt out with all the hype and now people are looking for more meaning in social media. Twitter is ridiculous. Those who do marketing are beginning to realize it. Online social media is becoming part of the umbrella of marketing, which is where it belongs. Social media is becoming more commodatized—as in more of a commodity.&#8221;</p>
<p>He gave several great hints about Facebook including that Facebook ads are the best way to grow a fan base; Facebook is the 2nd largest search engine, so take advantage of it (including using pictures with metatags, main key words in description, etc.); and put Facebook info on all your printed matter including cards and bills.</p>
<p>I chatted with William Leake, CEO of Apogee <a title="Apogee Search Marketing and SEO" href="http://www.apogeeresults.com/" target="_blank">Search Marketing</a>, and his take was that &#8220;More and more advertising presence is going to be driven by physical location. If you don&#8217;t have a physical location strategy, you are going to lose.&#8221;</p>
<p>Craig Wax, CEO of Invodo and a <a title="Craig Wax, Invodo, Video Services" href="http://www.invodo.com/" target="_blank">video expert</a>, had a lot to say about the future of video marketing. According to Craig, &#8220;In the future, no one is going to stand in line anymore. Offline and online is no longer relevant. This is already starting to happen and it is going to become ubiquous.&#8221; He added that &#8220;QR readers are going to be incorporated into devices and the present obstacles to their use will be chipped away.&#8221; (On a side note, Craig was most recently the Senior Vice President and General Manager at Match.com. That had to be an interesting job!)</p>
<p>According to Pat Scherer, <a title="Pat Scherer, Web and Mobile Deployment " href="http://thedetailperson.com/" target="_blank">Web and Mobile Deployment Manager</a> at The Detail Person,  &#8221;Mobile space is going to be huge. With the explosion of devices, I think it&#8217;s going to make a huge impact on the retail industry. Not only for payments, but for creating local-based experiences utilizing mobile social media. I anticipate this leveling the playing field with e-commerce.&#8221;</p>
<p>Finally, I got to chat briefly with siblings Kevin Olsen and Kerri Olsen, Co-Founders of the <a title="Kevin Olsen and Kerri Olsen, Austin Grand Prix" href="http://theaustingrandprix.com" target="_blank">Austin Grand Prix</a>. Having Formula 1 in Austin exciting!</p>
<p>Cheers,</p>
<p>Carrie Vanston<br />
Media/Marketing Director, Technology Futures, Inc.<br />
Co-Author, <em><a title="MINITRENDS: How Innovators &amp; Entrepreneurs Discover &amp; Profit From Business &amp; Technology Trends" href="http://minitrends.com/book/about-book/">MINITRENDS: How Innovators &amp; Entrepreneurs Discover &amp; Profit From Business &amp; Technology Trends</a></em></p>
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		<title>Google, Yahoo Struggle with Technology Innovation</title>
		<link>http://minitrends.com/google-yahoo-struggle-with-technology-innovation/</link>
		<comments>http://minitrends.com/google-yahoo-struggle-with-technology-innovation/#comments</comments>
		<pubDate>Wed, 30 Mar 2011 10:00:10 +0000</pubDate>
		<dc:creator>Steve O'Keefe</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
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		<guid isPermaLink="false">http://minitrends.com/?p=2259</guid>
		<description><![CDATA[Google is taking a slice from Apple&#8217;s strategy, bringing back company co-founder Larry Page to ignite innovation at Google, where the stock has flatlined for the past year. Page is scheduled to take over next week as CEO from Eric Schmidt, who is reportedly under consideration for the Secretary of Commerce position in U.S. President [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-medium wp-image-2261" title="Old vs. New" src="http://minitrends.com/wp-content/uploads/2011/03/old-new-300x225.jpg" alt="Old vs. New" width="300" height="225" />Google is taking a slice from Apple&#8217;s strategy, bringing back company co-founder Larry Page to ignite innovation at Google, where the stock has flatlined for the past year. Page is scheduled to take over next week as CEO from Eric Schmidt, who is <a title="Obama Nears Appointment Of Eric Schmidt As Commerce Secretary" href="http://www.businessinsider.com/obama-nears-appointment-of-eric-schmidt-as-commerce-secretary-2011-3" target="_blank">reportedly under consideration for the Secretary of Commerce position</a> in U.S. President Barack Obama&#8217;s cabinet.</p>
<p>It&#8217;s often difficult for mature companies to innovate the way startups do. For one thing, they lack the financial compulsion that drives entrepreneurs to market or die. Look at how News Corp. has shouldered losses at MySpace while Facebook restlessly innovates, or what happened to AOL after the merger with Time Warner, or what might happen to <em>The Huffington Post</em> now that it has been acquired by AOL. Google can afford to simply hold onto a company such as YouTube without the pace of self-improvement often seen in startups.</p>
<p>Amir Efrati, who covers the Internet for <em>The Wall Street Journal</em>, has been stirring things up in Silicon Valley this past week with fascinating reports on attempts by Google and Yahoo to stay innovative. <a title="At Google, Page Aims to Clear Red Tape " href="http://online.wsj.com/article/SB10001424052748703784004576220902706041400.html" target="_blank">In an article last Saturday</a>, Efrati used unnamed sources to speculate that Larry Page is being called back to &#8220;speed up what [Page] says has been sluggish decision-making at Google&#8217;s top levels.&#8221;</p>
<p>One of Page&#8217;s new edicts, according to <em>The Wall Street Journal</em>, is face-to-face bullpen sessions:</p>
<blockquote><p>&#8230; [E]very afternoon, [Page] and the company&#8217;s executive officers sit and work on small couches outside a boardroom in Building 43 at Google&#8217;s headquarters.</p></blockquote>
<p>That might have worked when Page left the company in 2001, with 200 employees. Whether it will work 10 years later, with over 100 times as many people on the payroll, remains to be seen.</p>
<p>The difficulty of fostering innovation in mature companies is one of the main drivers behind the Minitrends project at <a title="Technology Futures, Inc." href="http://www.tfi.com/" target="_blank">Technology Futures, Inc.</a>, the Austin, Texas, technology forecasting firm and publisher of the book, <em><strong>MINITRENDS</strong></em>, and this blog. The authors devote a significant portion of the book to <a title="MINITRENDS: How Innovators &amp; Entrepreneurs Discover &amp; Profit From Business &amp; Technology Trends" href="http://minitrends.com/about/concept/" target="_blank">fostering innovation in large corporations</a>:</p>
<blockquote><p>Fewer than 30 percent of the companies listed on the Fortune 100 twenty-five years ago are still on the list today. Often the primary reason for the demise of such companies has been a failure to recognize and react to changing trends.</p></blockquote>
<p>One of the ways that companies innovate is through acquisition rather than invention. Efrati generated a second round of buzz this week when he quoted Yahoo&#8217;s director of development, Steven Mitzenmacher, on <em>The Wall Street Journal</em>&#8216;s <em>Digits</em> blog as saying <a title="Yahoo Executive Talks Acquisitions, Slams YouTube Buy" href="http://blogs.wsj.com/digits/2011/03/28/yahoo-exec-acquisitions-coming-youtube-price-still-crazy/" target="_blank">Google&#8217;s investment in YouTube was &#8220;crazy.&#8221;</a> It&#8217;s an odd comment, given YouTube&#8217;s burgeoning revenues and the fact that Yahoo is embarking on a buying binge to remain relevant.</p>
<p>Savvy institutional investing reporter, Riley McDermid, follows the fallout from Page&#8217;s return to Google in <a title="Larry Page already cracking the whip at Google, a week before he takes the reins" href="http://venturebeat.com/2011/03/25/larry-page-whip/" target="_blank">an insightful article at <em>VentureBeat</em></a>. Always one step ahead of the competition, McDermid managed to write about <em>The Wall Street Journal</em>&#8216;s article a day before the article appeared. It&#8217;s hard to keep up with futurists!</p>
<p>So where do large corporations find the stimulation they need to stay at the forefront of technology trends? Among the resources mentioned in <em><strong>MINITRENDS</strong></em> are innovation competitions and working papers. Among the best examples of where to find both is the <a title="National Collegiate Inventors and Innovators Alliance" href="http://nciia.org/" target="_blank">National Collegiate Inventors and Innovators Alliance (NCIIA)</a>, which held its version of &#8220;March Madness&#8221; &#8212; an innovation competition &#8212; in Washington, D.C., last Saturday.</p>
<p>The NCIIA competition is sponsored by companies that are working to stay competitive and rewarding innovation in education. The NCIIA has already published <a title="Open 2011: NCIIA 15th Annual Conference Papers" href="http://nciia.org/network/conference/2011/papers" target="_blank">all the conference papers</a> online, for free; they contain a treasure-trove of ideas for mature companies looking for a little stimulation or entrepreneurs looking for adventure.</p>
<p>If you prefer to watch rather than read, we recommend you screen the videos submitted to the NCIIA&#8217;s &#8220;Open Mind&#8221; Awards and nicely catalogued by David Orsman at <em><a title="Taking Innovation off Campus &amp; into Commercialization" href="http://www.inventorsdigest.com/archives/5642" target="_blank">Inventors Digest</a></em>. It&#8217;s by doing research like this that you are likely to find the Larry Pages and Steve Jobs of tomorrow, who will set the technology trends that others follow.</p>
<p><em>STEVE O&#8217;KEEFE</em><br />
<em>News Editor, Minitrends Blog</em></p>
<p><span style="font-size: 78%;">Source: &#8220;<a title="Obama Nears Appointment Of Eric Schmidt As Commerce Secretary" href="http://www.businessinsider.com/obama-nears-appointment-of-eric-schmidt-as-commerce-secretary-2011-3" target="_blank">Obama Nears Appointment Of Eric Schmidt As Commerce Secretary</a>,&#8221; <em>BusinessInsider</em>, March 18, 2011<br />
Source: &#8220;<a title="At Google, Page Aims to Clear Red Tape " href="http://online.wsj.com/article/SB10001424052748703784004576220902706041400.html" target="_blank">At Google, Page Aims to Clear Red Tape</a>,&#8221; <em>The Wall Street Journal</em>,&#8221; March 26, 2011<br />
Source: &#8220;<a title="Larry Page already cracking the whip at Google, a week before he takes the reins" href="http://venturebeat.com/2011/03/25/larry-page-whip/" target="_blank">Larry Page already cracking the whip at Google, a week before he takes the reins</a>,&#8221; <em>VentureBeat</em>, March 25, 2011<br />
Source: &#8220;<a title="Yahoo Executive Talks Acquisitions, Slams YouTube Buy" href="http://blogs.wsj.com/digits/2011/03/28/yahoo-exec-acquisitions-coming-youtube-price-still-crazy/" target="_blank">Yahoo Executive Talks Acquisitions, Slams YouTube Buy</a>,&#8221; <em>The Wall Street Journal</em>&#8216;s <em>Digits </em>Blog, March 28, 2011<br />
Source: &#8220;<a title="The Open Minds Awards: Taking Innovation off Campus &amp; into Commercialization" href="http://www.inventorsdigest.com/archives/5642" target="_blank">The Open Minds Awards: Taking Innovation off Campus &amp; into Commercialization</a>,&#8221; <em>Inventors Digest</em>, Feb. 18, 2011<br />
Photo courtesy of <a title="&quot;Old vs. new tech&quot; on Flickr" href="http://www.flickr.com/photos/mightyohm/3256631380/" target="_blank"><strong></strong> Jeff Keyzer (mightyohm)</a>, used under its <a title="Creative Commons license" href="http://creativecommons.org/licenses/by-sa/2.0/deed.en" target="_blank">Creative Commons license.</a></span></p>
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		<title>Business Model Trends &#8211; The Good, The Bad, and The Ugly</title>
		<link>http://minitrends.com/business-model-trends-the-good-the-bad-and-the-ugly/</link>
		<comments>http://minitrends.com/business-model-trends-the-good-the-bad-and-the-ugly/#comments</comments>
		<pubDate>Tue, 22 Mar 2011 10:00:48 +0000</pubDate>
		<dc:creator>Steve O'Keefe</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Minitrends]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Trends]]></category>
		<category><![CDATA[Alex Osterwalder]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[ARM]]></category>
		<category><![CDATA[Bill Gates]]></category>
		<category><![CDATA[business model]]></category>
		<category><![CDATA[business plan]]></category>
		<category><![CDATA[business trends]]></category>
		<category><![CDATA[computer chips]]></category>
		<category><![CDATA[Digg]]></category>
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		<category><![CDATA[Fukushima]]></category>
		<category><![CDATA[GigaOM]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Heard on the Street]]></category>
		<category><![CDATA[Intel]]></category>
		<category><![CDATA[intellectual property]]></category>
		<category><![CDATA[Intellectual Ventures]]></category>
		<category><![CDATA[iPad]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[Kevin Rose]]></category>
		<category><![CDATA[Michael J. Fern]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Mike Masnick]]></category>
		<category><![CDATA[Nathan Myhrvold]]></category>
		<category><![CDATA[nuclear energy]]></category>
		<category><![CDATA[nuclear power]]></category>
		<category><![CDATA[OEM]]></category>
		<category><![CDATA[Om Malik]]></category>
		<category><![CDATA[patents]]></category>
		<category><![CDATA[Rolfe Winkler]]></category>
		<category><![CDATA[smartphones]]></category>
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		<category><![CDATA[Steve Jurvetson]]></category>
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		<category><![CDATA[Xerox]]></category>

		<guid isPermaLink="false">http://minitrends.com/?p=2207</guid>
		<description><![CDATA[Two days before an earthquake measuring 9.0 on the Richter scale struck Japan, resulting in a devastating tsunami and near meltdown at the Fukushima nuclear power plant, we wrote on this blog about &#8220;the growing interest in nuclear power&#8221; as an alternative to coal fired power plants. Oops! While nuclear power-generating facilities have been greatly [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_2220" class="wp-caption alignnone" style="width: 510px"><img class="size-full wp-image-2220" title="Kevin Rose, Bill Gates and Nathan Mhyrvold" src="http://minitrends.com/wp-content/uploads/2011/03/models2.jpg" alt="Kevin Rose, Bill Gates and Nathan Mhyrvold" width="500" height="326" /><p class="wp-caption-text">Kevin Rose of Digg, Bill Gates of Microsoft, and Nathan Myhrvold of Intellectual Ventures at the TED Conference (Photo courtesy of Steve Jurvetson).</p></div>
<p>Two days before an earthquake measuring 9.0 on the Richter scale  struck Japan, resulting in a devastating tsunami and near meltdown at  the Fukushima nuclear power plant, we wrote on this blog about &#8220;<a title="Nathan Myhrvold on Uncovering and Investing in Technology Trends" href="http://minitrends.com/nathan-myhrvold-on-uncovering-and-investing-in-technology-trends/" target="_blank">the growing interest in nuclear power</a>&#8221; as an alternative to coal fired power plants.</p>
<p>Oops!</p>
<p>While  nuclear power-generating facilities have been greatly improved since  the Fukushima reactors were built &#8212; and the prospects for  nuclear energy in the future are still bright &#8212; the timing is  bad. The prospects for nuclear energy in the short term have dimmed as  the costs associated with using that technology are being  recalculated.</p>
<p>That wasn&#8217;t the only thing wrong with my blog post. A reader called my attention to the case <em>against</em> venture capitalist Nathan Myhrvold&#8217;s company, Intellectual Ventures. Myhrvold is  the former chief technology officer of Microsoft whose new company invests  in technology rather than investing in companies. Intellectual Ventures  buys the rights to patents it likes, then markets those patents to other  firms. Or does it?</p>
<p>According to Mike Masnick, the prolific and  outspoken editor of <em>TechDirt</em>, Myhrvold&#8217;s venture is not based on  marketing patents but on <a title="Nathan Myhrvold's Intellectual Ventures Using Over 1,000 Shell Companies To Hide Patent Shakedown" href="http://www.techdirt.com/articles/20100217/1853298215.shtml" target="_blank">&#8220;shaking down&#8221; companies</a> by suing anyone using  its patents without permission. Masnick accuses Intellectual Ventures of  disguising its true business model by using shell companies to file the  lawsuits:</p>
<blockquote><p>[Intellectual Ventures] had decided to protect its  brand name by getting other companies or  creating those companies  itself, giving the patent to those other  companies that no one had ever  heard of, and having them sue.</p></blockquote>
<p>Ouch!</p>
<p>While we did praise  Myhrvold&#8217;s business plan on this blog, his method for picking  technologies to invest in was our focus, not his manner of collecting on  those investments. However, without beating up on ourselves too much,  we should point out that another company with a strikingly similar  business plan has been the recipient of tremendous admiration in the media these past few weeks.</p>
<p>I&#8217;m speaking of <a title="ARM Company Overview" href="http://ir.arm.com/phoenix.zhtml?c=197211&amp;p=irol-homeprofile" target="_blank">ARM</a>, the technology  company behind the low-heat computer chips used in Apple&#8217;s iPhone and  iPad, along with many other smartphones and tablets. The company is not  bashful about its creative structure:</p>
<blockquote><p>ARM has an innovative  business model. Instead of  bearing the costs associated with  manufacturing, we license our  technology to a network of partners,  mainly leading semiconductor  manufacturers and OEMs. These partners  utilise our designs to create  smart, low energy chips suitable for  modern electronic devices.</p></blockquote>
<p>This structure &#8212; licensing technology  rather than manufacturing it &#8212; has led to a gross margin for ARM of  94%. With revenue of $631 million in 2010, ARM had a profit of $593  million. You have to envy that ratio, no matter what business you&#8217;re in.</p>
<p>ARM&#8217;s  business model is similar to Intellectual Venture&#8217;s stated  mission, yet while Myhrvold is the recipient of scorn from <em>TechDirt</em> and  others, ARM is getting nothing but love these days. Renown technology  strategist, <a title="ARM Disrupting Intel with its Business Model?" href="http://www.fernstrategy.com/2011/03/10/arm-disrupting-intel-with-its-business-model/" target="_blank">Michael J. Fern</a>, gushes over ARM&#8217;s business model, saying it  confers &#8220;three significant advantages over Intel.&#8221;</p>
<p><a title="Getting an ARM Up on Intel" href="http://online.wsj.com/article/SB10001424052748703726904576193213862817184.html" target="_blank"><em>The Wall Street  Journal</em></a> joined the praise parade, with University of Chicago-trained  economist and new &#8220;Heard on the Street&#8221; columnist, Rolfe Winkler, noting &#8220;ARM&#8230; doesn&#8217;t have to deal with manufacturing costs or the risks of  holding inventory. It&#8217;s a deeply profitable business.&#8221;</p>
<p>The best  take on ARM&#8217;s business model, from a Minitrends perspective, comes from  the recent article by Om Malik at the influential blog, <em>GigaOM</em>. In a  post critical of Twitter&#8217;s business model, the highly-respected tech  journalist <a title="What Is Twitter’s Problem? No, It’s Not the Product" href="http://gigaom.com/2011/03/08/what-is-twitters-problem-no-its-not-the-product/" target="_blank">compares and contrasts the business models of half-a-dozen  tech companies</a>, including Xerox, Apple, Google, and ARM. Relying heavily  on the work of business guru <a title="Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers " href="http://www.amazon.com/Business-Model-Generation-Visionaries-Challengers/dp/0470876417/ref=sr_1_1?ie=UTF8&amp;tag=techfutuinc-20s=books&amp;qid=1300736813&amp;sr=8-1" target="_blank">Alex Osterwalder</a>, Malik concludes that &#8220;the  business model innovation is what turns great products into fearsome  companies.&#8221;</p>
<p>Sometimes, the most beautiful business models can turn ugly down the road. I was  teaching a workshop once when a perplexed attendee kept interrupting  with questions. &#8220;How do you generate sales,&#8221; he asked. &#8220;I don&#8217;t have  sales,&#8221; I answered, &#8220;I only have expenses. All I have to do is cover my  expenses.&#8221;</p>
<p>I was describing the workings of a technology startup  that made videos of businesses without charging those businesses. Costs were recouped by finding sponsors to cover the expenses.  The fellow in the back of the room couldn&#8217;t understand the business  model and, as it turns out, neither could investors or sponsors. An  early online video play, the company died in 2008 for lack of revenue.</p>
<p>The  clever idea of yesterday can seem brilliant or stupid a few years &#8212; or even a few days &#8212; later. That&#8217;s why, for your own <a title="Minitrends" href="http://minitrends.com/about/concept/" target="_blank">Minitrends Adventure</a>, we recommend  spending as much time thinking about the business model as you do about  the services or goods being sold.</p>
<p><em>STEVE O&#8217;KEEFE</em><br />
<em> News Editor, Minitrends Blog</em></p>
<p><span style="font-size: 78%;">Source: &#8220;<a title="Nathan Myhrvold on Uncovering and Investing in Technology Trends" href="http://minitrends.com/nathan-myhrvold-on-uncovering-and-investing-in-technology-trends/" target="_blank">Nathan Myhrvold on Uncovering and Investing in Technology Trends</a>,&#8221; <em>Mintrends Blog</em>, March 9, 2011<br />
Source: &#8220;<a title="Nathan Myhrvold's Intellectual Ventures Using Over 1,000 Shell Companies To Hide Patent Shakedown" href="http://www.techdirt.com/articles/20100217/1853298215.shtml" target="_blank">Nathan Myhrvold&#8217;s Intellectual Ventures Using Over 1,000 Shell Companies To Hide Patent Shakedown</a>,&#8221; <em>TechDirt</em>, Feb. 17, 2010<br />
Source: &#8220;<a title="ARM Disrupting Intel with its Business Model?" href="http://www.fernstrategy.com/2011/03/10/arm-disrupting-intel-with-its-business-model/" target="_blank">ARM Disrupting Intel with its Business Model?</a>,&#8221; <em>FernStrategy</em>, March 10, 2011<br />
Source: &#8220;<a title="Getting an ARM Up on Intel" href="http://online.wsj.com/article/SB10001424052748703726904576193213862817184.html" target="_blank">Getting an ARM Up on Intel</a>,&#8221; <em>The Wall Street Journal</em>, March 17, 2011<br />
Source: &#8220;<a title="What Is Twitter’s Problem? No, It’s Not the Product" href="http://gigaom.com/2011/03/08/what-is-twitters-problem-no-its-not-the-product/" target="_blank">What Is Twitter’s Problem? No, It’s Not the Product</a>,&#8221; <em>GigaOM</em>, March 8, 2011<br />
Photo courtesy of <a title="&quot;Digging It&quot; on Flickr" href="http://www.flickr.com/photos/jurvetson/3264312469/" target="_blank">Steve Jurvetson</a>, used under its <a title="http://creativecommons.org/licenses/by/2.0/" href="http://creativecommons.org/licenses/by/2.0/" target="_blank">Creative Commons license.</a></span></p>
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		<title>Business Trends for Pets and &#8220;Petrepreneurs&#8221;</title>
		<link>http://minitrends.com/business-trends-for-pets-and-petrepreneurs/</link>
		<comments>http://minitrends.com/business-trends-for-pets-and-petrepreneurs/#comments</comments>
		<pubDate>Wed, 16 Mar 2011 10:00:59 +0000</pubDate>
		<dc:creator>Steve O'Keefe</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Medicine]]></category>
		<category><![CDATA[Minitrends]]></category>
		<category><![CDATA[Trends]]></category>
		<category><![CDATA[24/7 Wall St]]></category>
		<category><![CDATA[American Pet Products Association]]></category>
		<category><![CDATA[animals]]></category>
		<category><![CDATA[blogs]]></category>
		<category><![CDATA[business trends]]></category>
		<category><![CDATA[cats]]></category>
		<category><![CDATA[Costco]]></category>
		<category><![CDATA[Disney]]></category>
		<category><![CDATA[dogs]]></category>
		<category><![CDATA[ecommerce]]></category>
		<category><![CDATA[Embrace Pet Insurance]]></category>
		<category><![CDATA[fish]]></category>
		<category><![CDATA[horses]]></category>
		<category><![CDATA[household income]]></category>
		<category><![CDATA[Laura Bennett]]></category>
		<category><![CDATA[local shopping]]></category>
		<category><![CDATA[Marketing Reports Online]]></category>
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		<category><![CDATA[pet grooming]]></category>
		<category><![CDATA[pet market outlook]]></category>
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		<guid isPermaLink="false">http://minitrends.com/?p=2191</guid>
		<description><![CDATA[We have covered many business trends on this blog that primarily affect humans, but we have been remiss in documenting trends related to our furry and feathered friends: household pets. Before you pass the iPad to your pooch, I should explain that these trends are very important to people, too. There are many promising opportunities [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-2195" style="margin: 5px;" title="Pampered pets in park" src="http://minitrends.com/wp-content/uploads/2011/03/pampered2.jpg" alt="Pampered pets in park" width="281" height="308" />We have covered many business trends on this blog that primarily affect humans, but we have been remiss in documenting trends related to our furry and feathered friends: household pets.</p>
<p>Before you pass the iPad to your pooch, I should explain that these trends are very important to people, too. There are many promising opportunities in &#8220;petrepreneurship,&#8221; and many businesses that serve the needs of pet providers will need good information on where the market is headed.</p>
<p>Let&#8217;s start with a few facts courtesy of the <a title="American Pet Products Association Industry Statistics &amp; Trends" href="http://www.americanpetproducts.org/press_industrytrends.asp" target="_blank">American Pet Products Association</a>. How big is the market? The most recent numbers available are for 2009-2010. It&#8217;s estimated that in 2010, Americans spent $47.7 million on their pets. An article on <em><a title="Ten Things Americans Waste the Most Money On" href="http://247wallst.com/2011/02/24/ten-things-americans-waste-the-most-money-on/" target="_blank">24/7 Wall St</a></em> combines that information with U.S. Census data to inform us that, &#8220;These expenses have increased from 0.9% of household budgets in 1989 to 1.4% in 2009.&#8221; That&#8217;s more than a 50% increase in the share of household budgets for pets in the last decade. Sounds like a growth industry to me.</p>
<p>In roughly the same time period, the number of U.S. households with pets has increased from 56% to 62%.</p>
<p>And what kind of pets, exactly, are we talking about? Even though more households have a dog than a cat, cats have the upper paw, with 93.6 million feline pets compared with 77.5 million canines. However, there are more pet fish than cats and dogs combined: 171.7 million of them swimming in American aquariums. Rounding out the menagerie are 15 million birds, 13 million horses, and, yesss, over 13 million reptiles.</p>
<p>According to the report, <a title="U.S. Pet Market Outlook 2010-2011" href="http://www.marketreportsonline.com/14095-us-pet-market-out.html" target="_blank"><em>U.S. Pet Market Outlook 2010-2011: Tapping into Post-Recession Pet Parent Spending</em></a>, Americans are expected to boost their pet spending to as much as $70 billion by 2014. One of the reasons cited is &#8220;a human/animal bond that is possibly stronger than ever as a result of the recession.&#8221; The report expects spending to increase on &#8220;ethical products,&#8221; such as &#8220;organic/natural, sustainable, humane, etc.&#8221;</p>
<p>The breakdown for the $45.5 billion American spent on their pets in 2009 is as follows:</p>
<ul>
<li>Food, $17.56 billion</li>
<li>Supplies/OTC Medicine, $10.41 billion</li>
<li>Vet Care, $12.04 billion</li>
<li>Live Animal Purchases, $2.16 billion</li>
<li>Pet Services: Grooming &amp; Boarding, $3.36 billion</li>
</ul>
<p>In an amazing article entitled &#8220;<a title="Pet Trends for 2011" href="http://www.embracepetinsurance.com/pet-industry/pet-trends/2011.aspx" target="_blank">Pet Trends for 2011</a>,&#8221; Laura Bennett, CEO of Embrace Pet Insurance, examines new developments in pet care, noting that &#8220;pet parents will cut back on their own expenses before those of their pets.&#8221; Here are some highlights:</p>
<ol>
<li>Wal-Mart will continue to roll out pet grooming facilities, competing with pet salons.</li>
<li>&#8220;Disney has finally caught on to the trend of vacationers traveling with their pets, opening the Best Friends Pet Care luxury dog and cat resort right across from the Walt Disney World Resort.&#8221;</li>
<li>Pet insurance will continue to surge in growth. &#8220;I expect overall premium growth of 14% in 2011 that will see the US pet insurance industry grow to $374 million in GWP [gross written premiums].&#8221;</li>
<li>&#8220;Retailers such as Target and Costco are creeping into the domain of the veterinarian&#8230; Will 2011 be the year that the pet pharma market is burst open and  veterinary hospitals cede billions of dollars in revenue and profit to  the retail giants?&#8221;</li>
</ol>
<p>Bennett goes on to cite five marketing trends for pet products that should sound familiar to readers of the Minitrends Blog &#8212; or any other blog on technology trends:</p>
<ul>
<li>Social Networking, including exclusive networks for &#8220;pet parents&#8221;</li>
<li>Local Shopping Sites, including <a title="Yelp" href="http://yelp.com" target="_blank">Yelp</a>, which review pet product providers</li>
<li>Pet Blogs, including <a title="Pet Connection" href="http://www.petconnection.com/blog/" target="_blank">Pet Connection</a>, <a title="Pawcurious" href="http://www.pawcurious.com/" target="_blank">Pawcurious</a>, and <a title="YesBiscuit!" href="http://yesbiscuit.wordpress.com/" target="_blank">YesBiscuit!</a></li>
</ul>
<p>According to Bennett, among the most needed services in the pet products industry (are you listening, petrepreneurs?) is the integration of e-commerce websites and social networking. &#8220;I have yet to find anyone in the pet space succeeding on this front,&#8221; says Bennett. &#8220;I  have to say that in 2010, there was a paucity of web development in the  pet world &#8212; a missed opportunity indeed.&#8221;</p>
<p>While humans claw their way out of the recession, their pets continue to consume a greater share of disposable income, along with all those treats. And opportunities continue to appear for individuals and organizations who can see the business trends in the booming pet products industry.</p>
<p><em>STEVE O&#8217;KEEFE</em><br />
<em>News Editor, Minitrends Blog</em></p>
<p><span style="font-size: 78%;">Source: &#8220;<a title="American Pet Products Association Industry Statistics &amp; Trends" href="http://www.americanpetproducts.org/press_industrytrends.asp" target="_blank">Industry Statistics &amp; Trends</a>,&#8221; American Pet Products Association, 2009/2010<br />
Source: &#8220;<a title="Ten Things Americans Waste the Most Money On" href="http://247wallst.com/2011/02/24/ten-things-americans-waste-the-most-money-on/2/" target="_blank">Ten Things Americans Waste the Most Money On</a>,&#8221; <em>24/7 Wall St</em>, Feb. 24, 2011<br />
Source: &#8220;<a title="U.S. Pet Market Outlook 2010-2011" href="http://www.marketreportsonline.com/14095-us-pet-market-out.html" target="_blank">U.S. Pet Market Outlook 2010-2011: Tapping into Post-Recession Pet Parent Spending</a>,&#8221; <em>Market Reports Online</em>, March 2010<br />
Source: &#8220;<a title="Pet Trends for 2011" href="http://www.embracepetinsurance.com/pet-industry/pet-trends/2011.aspx" target="_blank">Pet Trends for 2011</a>,&#8221; Embrace Pet Insurance<br />
Image courtesy of <a title="&quot;Pampered Pooches&quot; on Flickr" href="http://www.flickr.com/photos/laszlo-photo/1170735517/" target="_blank">LASZLO ILYES,</a> used under its <a title="Creative Commons license" href="http://creativecommons.org/licenses/by/2.0/deed.en" target="_blank">Creative Commons license.</a></span></p>
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		<title>Nathan Myhrvold on Uncovering and Investing in Technology Trends</title>
		<link>http://minitrends.com/nathan-myhrvold-on-uncovering-and-investing-in-technology-trends/</link>
		<comments>http://minitrends.com/nathan-myhrvold-on-uncovering-and-investing-in-technology-trends/#comments</comments>
		<pubDate>Wed, 09 Mar 2011 10:00:05 +0000</pubDate>
		<dc:creator>Steve O'Keefe</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Minitrends]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Trends]]></category>
		<category><![CDATA[Bacara]]></category>
		<category><![CDATA[battery-powered cars]]></category>
		<category><![CDATA[Bill Ford]]></category>
		<category><![CDATA[Brandon Fastman]]></category>
		<category><![CDATA[Breakthrough Technology]]></category>
		<category><![CDATA[Carl Pope]]></category>
		<category><![CDATA[climate change]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[electric cars]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[fashion trends]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[global warming]]></category>
		<category><![CDATA[Intellectual Ventures]]></category>
		<category><![CDATA[John and Carrie Vanston]]></category>
		<category><![CDATA[John Letzing]]></category>
		<category><![CDATA[locating minitrends]]></category>
		<category><![CDATA[MarketWatch]]></category>
		<category><![CDATA[Michael Shellenberger]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Nathan Myhrvold]]></category>
		<category><![CDATA[neckties]]></category>
		<category><![CDATA[nuclear power]]></category>
		<category><![CDATA[Ovidiu Sandru]]></category>
		<category><![CDATA[patents]]></category>
		<category><![CDATA[Santa Barbara Independent]]></category>
		<category><![CDATA[Sierra Club]]></category>
		<category><![CDATA[technology trends]]></category>
		<category><![CDATA[The Green Optimistic]]></category>
		<category><![CDATA[The Wall Street Journal]]></category>
		<category><![CDATA[trends]]></category>
		<category><![CDATA[venture capital]]></category>
		<category><![CDATA[vetting minitrends]]></category>

		<guid isPermaLink="false">http://minitrends.com/?p=2167</guid>
		<description><![CDATA[The Wall Street Journal recently concluded its fourth annual conference on environmental economics at the Bacara Resort in Santa Barbara, California. Dubbed &#8220;ECO:nomics,&#8221; the Journal&#8216;s invitation-only event offers a casual program of interviews and audience Q&#38;A with corporate CEOs, venture capitalists, and government leaders. Some of the technology trends revealed at this year&#8217;s conference include: [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_2168" class="wp-caption alignnone" style="width: 522px"><a href="http://online.wsj.com/video/economics-innovative-solutions-to-global-warming/BB5BBC4F-975B-478A-89C8-B100CFE55B7A.html" target="_blank"><img class="size-full wp-image-2168    " title="Alan Murray interviews Nathan Myhrvold at The Wall Street Journal's ECO:nomics Conference" src="http://minitrends.com/wp-content/uploads/2011/03/Screen-shot-2011-03-07-at-3.34.23-PM.jpg" alt="Alan Murray interviews Nathan Myhrvold at The Wall Street Journal's ECO:nomics Conference" width="512" height="247" /></a><p class="wp-caption-text">The Wall Street Journal&#39;s Alan Murray (left) interviews technology investor and former Microsoft chief technology officer, Nathan Myhrvold, at the ECO:nomics Conference. Click for video.</p></div>
<p><em>The Wall Street Journal</em> recently concluded its fourth annual conference on environmental economics at the Bacara Resort in Santa Barbara, California. Dubbed &#8220;ECO:nomics,&#8221; the <em>Journal</em>&#8216;s invitation-only event offers a casual program of interviews and audience Q&amp;A with corporate CEOs, venture capitalists, and government leaders.</p>
<p>Some of the technology trends revealed at this year&#8217;s conference include:</p>
<ul>
<li><strong>Growing interest in nuclear power</strong> as a clean alternative to coal-fired power plants. Veteran technology writer, John Letzing, describes on <em>The Wall Street Journal&#8217;s MarketWatch</em> <a title="MarketWatch -- Environmentalists spar over nuclear power" href="http://www.marketwatch.com/story/notebook-clean-tech-confab-begins-with-gripes-2011-03-03?dist=afterbell" target="_blank">a dustup between Sierra Club chairman Carl Pope and Breakthrough Technology&#8217;s Michael Shellenberger</a>.</li>
<li><strong>Growing disillusionment with electric cars.</strong> Ford Motor Company chairman, Bill Ford, sounded pessimistic about the future of battery-powered cars, according to Ovidiu Sandru at <a title="Ford Giving Up on EVs? Not Quite" href="http://www.greenoptimistic.com/2011/03/07/ford-electric-vehicle-give-up/" target="_blank"><em>The Green Optimistic</em></a>.</li>
<li><strong>Continued divisiveness over issues of global warming and climate change.</strong> Brandon Fastman at <a title="Making Green Green" href="http://www.independent.com/news/2011/mar/07/making-green-green/" target="_blank">the <em>Santa Barbara Independent</em></a> describes the very different stances taken by politicians and corporate executives at the conference.</li>
</ul>
<p>One of the highlights for those interested in Minitrends was <a title="The Next Smart Thing " href="http://online.wsj.com/article/SB10001424052748704570904576181073753363088.html" target="_blank">Alan Murray&#8217;s interview with venture capitalist and former Microsoft chief technology officer, Nathan Myhrvold</a>. The restless inventor shared the unique way in which his firm, Intellectual Ventures, invests in startups:</p>
<blockquote><p>We invest in invention. Venture capitalists invest in companies&#8230;We try to invest in the actual idea&#8230;Someone will have already invented something; they won&#8217;t know what to do with it. We&#8217;ll take a controlling investment in that idea and maybe we can figure out what to do with it.</p></blockquote>
<p>This is a different approach than most venture capitalists use: buying the technology rather than the organization. Myhrvold&#8217;s method of finding Minitrends is not so unique: &#8220;We&#8217;ll bring typically six to 10 people&#8230;in a room, and we&#8217;ll start brainstorming solutions&#8230;Usually, we come up with some solution, but often it&#8217;s not to the problem we posed. We then go through a process we call triage: Which of the ideas we generated are really worth pursuing?&#8221;</p>
<p>The triage process Myhrvold describes is similar to the vetting of Minitrends described in the book, <a title="MINITRENDS: How Innovators &amp; Entrepreneurs Discover &amp; Profit From Business &amp; Technology Trends" href="http://minitrends.com/book/about-book/" target="_blank"><em><strong>MINITRENDS</strong></em></a>, by John and Carrie Vanston, a guide to identifying and exploiting business trends that are likely to bear fruit in two-to-five years.</p>
<p><em>The Wall Street Journal</em> has been stingy making video or transcripts of the ECO:nomics conference available online. Such archives are usually fertile sources for Minitrends research. However, they have made <a title="ECO:nomics: Innovative Solutions to Global Warming" href="http://online.wsj.com/video/economics-innovative-solutions-to-global-warming/BB5BBC4F-975B-478A-89C8-B100CFE55B7A.html" target="_blank">one video segment with Nathan Myhrvold</a> available, along with the newspaper&#8217;s &#8220;special report&#8221; coverage of ECO:nomics 2010 <a title="The Wall Street Journal Special Report on ECO:nomics 2010" href="http://economics.wsj.com/pdf/ECOnomics_2010_special_report.pdf" target="_blank">(PDF)</a> and 2011 <a title="The Wall Street Journal Special Report on ECO:nomics 2011" href="http://online.wsj.com/public/page/environment-economy-03072011.html" target="_blank">(website)</a>.</p>
<p>One final trend worth noting. Previously on this blog, we&#8217;ve mentioned the fashion trend that <a title="Treasure Trove of Trends in Artificial Intelligence (AI)" href="http://minitrends.com/treasure-trove-of-trends-in-artificial-intelligence-ai/" target="_blank">venture capitalists don&#8217;t wear neckties</a>. It appears this year the trend has spread to CEOs. Virtually none of the CEOs speaking at the ECO:nomics conference wore ties, in contrast to <a title="Previous ECO:nomics Programs" href="http://economics.wsj.com/program/previous" target="_blank">just a few years ago</a>, when the majority did. It seems the only holdouts in the necktie department are elected officials and other bureaucrats. Chief executives of the world, untie!</p>
<p><em>STEVE O&#8217;KEEFE</em><br />
<em> News Editor, Minitrends Blog</em></p>
<p><span style="font-size: 78%;">Source: &#8220;<a title="The Next Smart Thing " href="http://online.wsj.com/article/SB10001424052748704570904576181073753363088.html" target="_blank">The Next Smart Thing</a>,&#8221; <em>The Wall Street Journal</em>, March 7, 2011<br />
Source: &#8220;<a title="MarketWatch -- Environmentalists spar over nuclear power" href="http://www.marketwatch.com/story/notebook-clean-tech-confab-begins-with-gripes-2011-03-03?dist=afterbell" target="_blank">Environmentalists spar over nuclear power</a>,&#8221; <em>MarketWatch</em>, March 4, 2011<br />
Source: &#8220;<a title="Ford Giving Up on EVs? Not Quite" href="http://www.greenoptimistic.com/2011/03/07/ford-electric-vehicle-give-up/" target="_blank">Ford Giving Up on EVs? Not Quite</a>,&#8221; <em>The Green Optimistic</em>, March 7, 2011<br />
Source: &#8220;<a title="Making Green Green" href="http://www.independent.com/news/2011/mar/07/making-green-green/" target="_blank">Making Green Green</a>,&#8221; <em>Santa Barbara Independent</em>, March 7, 2011<br />
Image courtesy of <em>The Wall Street Journal</em>, used under fair use: commentary.</span></p>
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		<title>Free Session with Dr. John H. Vanston, March 8</title>
		<link>http://minitrends.com/dr-john-h-vanston-speaking-on-minitrends-march-8/</link>
		<comments>http://minitrends.com/dr-john-h-vanston-speaking-on-minitrends-march-8/#comments</comments>
		<pubDate>Fri, 04 Mar 2011 15:18:41 +0000</pubDate>
		<dc:creator>Steve O'Keefe</dc:creator>
				<category><![CDATA[Events]]></category>
		<category><![CDATA[Minitrends]]></category>
		<category><![CDATA[Speaking]]></category>
		<category><![CDATA[dr. john vanston]]></category>
		<category><![CDATA[rise]]></category>

		<guid isPermaLink="false">http://minitrends.com/?p=2138</guid>
		<description><![CDATA[RISE presents a free session with Dr. John H. Vanston speaking on MINITRENDS: How to Discover &#38; Profit From EmergingTrends. WHEN: Tuesday, March 8, 2011, from 2:00pm &#8211; 3:30pm WHERE: Lake Creek Office Park Meeting Room, 13740 Research Blvd., Austin, Texas 78750 In this presentation, Dr. John Vanston introduces a new concept &#8212; Minitrends &#8212; [...]]]></description>
			<content:encoded><![CDATA[<p><a rel="attachment wp-att-2010" href="http://minitrends.com/nine-emerging-minitrends-to-watch-by-dr-john-h-vanston-minitrends-author-chairman-tfi/vanston-john-cap-2/"><img class="alignright size-full wp-image-2010" title="Dr. John H. Vanston" src="http://minitrends.com/wp-content/uploads/2010/12/vanston-john-cap.jpg" alt="Dr. John H. Vanston" width="155" height="227" /></a>RISE presents a free session with <a title="About Dr. Vanston" href="http://minitrends.com/about-us/bios/" target="_blank">Dr. John H. Vanston</a> speaking on <em>MINITRENDS: How to Discover &amp; Profit From EmergingTrends</em>.</p>
<p><strong>WHEN:</strong> Tuesday, March 8, 2011, from 2:00pm &#8211; 3:30pm<br />
<strong> WHERE:</strong> Lake Creek Office Park Meeting Room, 13740 Research Blvd., Austin, Texas 78750</p>
<p>In this presentation, Dr. John Vanston introduces a new concept &#8212; <a title="What are MINITRENDS?" href="http://minitrends.com/about/concept/" target="_blank">Minitrends</a> &#8212; that offers very attractive possibilities to individuals and businesses that learn its principles and apply those principles in a practical business environment. This concept provides a new approach for finding and taking advantage of emerging trends that will become significant in 2-5 years, but are not yet widely recognized or appreciated.</p>
<div id="_mcePaste">
<ul>
<li>Individual entrepreneurs will learn how to identify, assess, and exploit new business opportunities.</li>
<li>Decision makers in small and mid-size businesses will learn how to gain advantage by recognizing and utilizing emerging trends.</li>
<li>Innovative thinkers in large businesses will learn how to distinguish themselves by their special perceptiveness.</li>
<li>Investors will learn how to uncover attractive new investment opportunities.</li>
</ul>
<p>The presentation is based on John&#8217;s 30 years of experience in  identifying and applying technical, social, and business trends and the  new book <a title="MINITRENDS How Innovators &amp; Entrepreneurs Discover &amp; Profit From Business &amp; Technology Trends" href="http://minitrends.com/book/about-book/"><em>MINITRENDS: How Innovators &amp; Entrepreneurs Discover &amp;  Profit From Business &amp; Technology Trends</em></a> authored by Dr. Vanston with his  daughter Carrie Vanston.</p>
</div>
<p><strong><em>The event is FREE. But please </em></strong><a title="Sign Up!" href="https://www.riseglobal.org/sessions/detail/minitrends-how-to-discover-profit-from-emerging-trends" target="_blank"><strong><em>sign up here</em></strong></a><strong><em>!</em></strong></p>
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		<title>TechCrunch Reveals Advances in Realtime News Technology</title>
		<link>http://minitrends.com/techcrunch-reveals-advances-in-realtime-news-technology/</link>
		<comments>http://minitrends.com/techcrunch-reveals-advances-in-realtime-news-technology/#comments</comments>
		<pubDate>Tue, 01 Mar 2011 10:00:00 +0000</pubDate>
		<dc:creator>Steve O'Keefe</dc:creator>
				<category><![CDATA[Minitrends]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Trends]]></category>
		<category><![CDATA[24-hour news cycle]]></category>
		<category><![CDATA[API]]></category>
		<category><![CDATA[application program interface]]></category>
		<category><![CDATA[Childhood Obesity News]]></category>
		<category><![CDATA[Equentia]]></category>
		<category><![CDATA[Erick Schonfeld]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Foodspotting]]></category>
		<category><![CDATA[geotagging]]></category>
		<category><![CDATA[Glen Stansberry]]></category>
		<category><![CDATA[Instagram]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[real time news]]></category>
		<category><![CDATA[realtime news]]></category>
		<category><![CDATA[tech trends]]></category>
		<category><![CDATA[TechCrunch]]></category>
		<category><![CDATA[technology trends]]></category>
		<category><![CDATA[Tuts+]]></category>
		<category><![CDATA[Twitter]]></category>

		<guid isPermaLink="false">http://minitrends.com/?p=2124</guid>
		<description><![CDATA[The &#8220;24-hour news cycle&#8221; must be on a New Year&#8217;s diet, because it&#8217;s down to about 24 minutes now. That&#8217;s about how long it takes for a breaking news story to circle the globe and get filed away. Technology trends are fueling the every-shrinking news cycle to match the ever-shrinking attention span of the always-online [...]]]></description>
			<content:encoded><![CDATA[<p>The &#8220;24-hour news cycle&#8221; must be on a New Year&#8217;s diet, because it&#8217;s down to about 24 minutes now. That&#8217;s about how long it takes for a breaking news story to circle the globe and get filed away.</p>
<p>Technology trends are fueling the every-shrinking news cycle to match the ever-shrinking attention span of the always-online news addicts. If I haven&#8217;t lost you already by exceeding 140 characters, let me quickly show you a couple of tech trends that are feeding the instant news beast.</p>
<p><strong>Instagram Instant Photos</strong></p>
<p><img class="alignright size-full wp-image-2125" style="border: 2px solid black;" title="Foodspotting Screen Capture -- Texas Toast" src="http://minitrends.com/wp-content/uploads/2011/02/Screen-shot-2011-02-28-at-3.27.44-PM.jpg" alt="Foodspotting Screen Capture -- Texas Toast" width="262" height="242" />Last Thursday (I realize that&#8217;s a long time ago), image-sharing app <a title="Instagram Unveils Realtime API With Foodspotting, Fancy, Momento, Flipboard, About.me And Others" href="http://techcrunch.com/2011/02/24/instagram-api/" target="_blank">Instagram made its application program interface (API) available to developers</a> to facilitate the instant sharing of photos taken by iPhone cameras. Now you can snap a picture, apply a hashtag, and upload it. Anyone watching that hashtag, or the location where you took the photo, can instantly see the new image.</p>
<p>The image above shows how the Instagram API works on the website, <a title="Foodspotting" href="http://www.foodspotting.com/" target="_blank">Foodspotting</a>. Type in a location (i.e., Texas) and a dish (i.e., toast), and Foodspotting will show you all the pictures tagged &#8220;toast&#8221; that are geotagged from Texas. While this may seem trivial when searching for Texas toast, imagine the same search, updated in realtime by a news portal, for &#8220;protest&#8221; and &#8220;Middle East,&#8221; and you begin to get an appreciation for how fast the news is moving.</p>
<p><strong>Equentia Instant News</strong></p>
<p>Earlier this month (the Stone Age in realnews time), Erick Schonfeld, co-editor of <em>TechCrunch</em>, who has been writing about technology since pre-history (before the Web), wrote an update on <a title="Experiments In Realtime News: The Eqentia Streams" href="http://techcrunch.com/2011/02/14/eqentia/" target="_blank">Equentia, a realtime news service</a>:</p>
<blockquote><p>[Equentia] indexes 100,000 articles a day across blogs and news sites, puts them  through a semantic engine to categorize them into every topic  imaginable, and [then looks] at how much social attention each article is getting.</p></blockquote>
<p>You can customize the search results, of course, by applying filters such as geographical regions, companies you want to follow, preferred news sources, time-span covered, product names and brand names, etc. And the news results are delivered to you along with a Twitter crawl for related subjects.</p>
<p><strong>Instant Updates on Web Pages</strong></p>
<p><img class="alignright size-full wp-image-2126" style="border: 2px solid black;" title="Childhood Obesity News -- Twitter Crawl" src="http://minitrends.com/wp-content/uploads/2011/02/Screen-shot-2011-02-28-at-4.26.49-PM.jpg" alt="Childhood Obesity News -- Twitter Crawl" width="238" height="470" />Speaking of Twitter crawls, widgets that allow you to show your latest Tweets and Facebook Updates have brought realtime news to plain old Web pages (you remember what those are, don&#8217;t you?).</p>
<p>The image above shows a Twitter crawl from the <a title="Childhood Obesity News" href="http://childhoodobesitynews.com/" target="_blank">Childhood Obesity News</a> blog. You can almost see the kids getting bigger in realtime.</p>
<p>Web developer extraordinaire, Glen Stansberry, provides <a title="10 Awesome Ways to Integrate Twitter With Your Website" href="http://net.tutsplus.com/articles/10-awesome-ways-to-integrate-twitter-with-your-website/" target="_blank">a tutorial on 10 ways to integrate Twitter into your website</a> at Tuts+. His tutorial is old news, I realize, but not all of us are hip to the 24-second news cycle yet.</p>
<p><em>STEVE O&#8217;KEEFE<br />
News Editor, Minitrends Blog</em></p>
<p><span style="font-size: 78%;">Source: &#8220;<a title="Instagram Unveils Realtime API With Foodspotting, Fancy, Momento, Flipboard, About.me And Others" href="http://techcrunch.com/2011/02/24/instagram-api/" target="_blank">Instagram Unveils Realtime API With Foodspotting, Fancy, Momento, Flipboard, About.me And Others</a>,&#8221; <em>TechCrunch</em>, Feb. 24, 2011<br />
Source: &#8220;<a title="Experiments In Realtime News: The Eqentia Streams" href="http://techcrunch.com/2011/02/14/eqentia/" target="_blank">Experiments In Realtime News: The Eqentia Streams</a>,&#8221; <em>TechCrunch</em>, Feb. 14, 2011<br />
Source: &#8220;<a title="10 Awesome Ways to Integrate Twitter With Your Website" href="http://net.tutsplus.com/articles/10-awesome-ways-to-integrate-twitter-with-your-website/" target="_blank">10 Awesome Ways to Integrate Twitter With Your Website</a>,&#8221; Tuts+, Jan. 23, 2009<br />
Images of Foodspotting and Childhood Obesity News are used under Fair Use: Commentary.</span></p>
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