Senator Ted Kennedy has had his share of sorrow and tragedy throughout his family’s legacy. I learned a tremendous amount about why health care reform was so important to him. In 1973 he learned firsthand how families had to make critical decisions about health care for their children because of their ability, or worse, inability to pay for medical care.

At that time, his 12 year old son, Teddy, had to have his right leg amputated because of an aggressive cancerous tumor. During the treatments to fight cancer, Mr. Kennedy met and interacted with other parents who were financially less fortunate than him to pay for aggressive, sometimes experimental cancer treatment.

That was a defining moment for Senator Ted Kennedy’s health care reform stand. He goes on to state that “That experience with Teddy made it clear to me, as never before, that health care must be affordable and available for every mother or father who hears a sick child cry in the night and worries about the deductibles and co pays if they go to the doctor.”

Mr. Kennedy talks about his son Patrick who had asthma serious enough to require hospitalization on numerous occasions. His daughter, Kara, was also diagnosed with lung cancer in 2002. Thankfully, because of quality health care and chemotherapy, she has survived that insidious scourge.

Here is a man who has the wealth of the Kennedy family to afford the best medical treatment for himself and his family. Why should he care about those who cannot? There are certainly other legislative policies that Mr. Kennedy could have taken up that would have been much easier to “win.” But, he chose this piece of legislation because he is a leader of the cause and plight of the common people.

No matter what side of the political fence any of us sit, the cause for health care reform, or more appropriately, universal health care is one that is consuming our country’s attention. Many have asked to rename Barack Obama’s health care reform after Mr. Kennedy. This is certainly a worthy idea as many of the tenets of President Obama’s plan come from Mr. Kennedy’s four decades of work in health care.

I just returned from visiting one of my UC Berkeley school mates. He is also terminally ill with cancer. Over the last couple of months I’ve learned how our broken health care system has tried to initially deny his hospital stay and then his desire to live out the rest of his short life at home. It has been proven time and time again that end of life patient care at home provides a better quality of life than in a hospital setting AND it saves money!

If Senator Ted Kennedy’s health care reform policies and lifelong work succeeds in the hands of the current administration, he will have achieved what countless presidents and politicians before him have failed to do … not just universal health care, but a platform for a more fair and just society. After all, isn’t that why our forefathers immigrated to America in the first place?

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The problem with Amtrak and generally most public transportation is that they don’t really cater to their customers. The information alliances that they’ve built with partners are zero to none. For example, how often have you jumped on Amtrak, say from Sacramento, and got to your final destination in San Francisco, without missing some type of connection? An information alliance / business development effort with the San Francisco public transit system could solve this problem in a heartbeat.

I remember one day leaving San Francisco Fisherman’s Wharf on Amtrak and arriving in Richmond, CA only to have missed my connecting BART service by 52 seconds. Yes, that’s how long it took to get from the Amtrak track to the BART track … down one set of stairs … up another. Again, an information alliance, an exchange of data … bits … would have helped me to make my connection.

The problem, I’ve been told, is that each transit authority is only responsible for their little fiefdom. Forget about customer service. Let’s just get our trains there on time … our time, that is. An information alliance with other transit authorities does not help individual company’s “on time” schedules, but it would help us, “the customer.”

I recently read an article about the slippage of Amtrak train ridership on the Capitol Corridor route. The story was written up in the Davis Enterprise. The article states that while ridership is down this year, on-time arrivals are at an all-time high. It doesn’t take a brain scientist to see how easy that is to accomplish … ridership DOWN … on-time arrivals UP?

Amtrak, like so many other public transportation systems should consider themselves as being in the “people moving business”, as Jeff Jarvis would say, NOT in the train business. By building information alliances with BART, the San Francisco Muni, AC Transit, CalTrain, and countless other transportation companies, we all might take public transportation more often. And, after all, isn’t that what we all want for a greener America?

Here’s another information alliance that can be exploited. What if when you arrived at your final destination a rented bike rack was waiting at your disposal? Or, what if a Zipcar or heaven forbid, even another public transit system that was timed to meet up with a “foreign” transit system?

There is no easy answer to this problem. But, there is no way out without an answer. In other words, we have the ability to build information alliances and data exchange. Someone has to start this business development effort in order to change the “drive my car” mentality in California.

It’s outrageous to hear companies like Amtrak boast about on-time arrivals when the real end-to-end experience for the customer is what’s really lacking. An information alliance / exchange of data and a tad bit of planning would really enhance the experience for the customer. It might even perhaps raise ridership because customers would feel confident in getting to their final destination hassle free and timely, if not “on time.”

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Allow me to first explain the offline real estate market. By offline real estate market, I mean residential homes, apartment buildings, raw land and commercial office buildings … in other words, the physical world of real estate.

Developing business opportunities in the offline real estate market made a lot of people rich, but it also decimated a generation. If you had the good fortune of “buying low and selling high”, you made out like a bandit. However, like stocks, real estate business development is not for the “un-initiated”, nor is it for anyone who doesn’t do their homework. And, even if you do your homework, there are a lot of bad deals and crooked people out there.

Offline real estate development requires an understanding of demographics, local markets, finance, and much, much more. In addition, it requires plenty of money, especially these days, to finance down payments, mortgages, insurance and taxes. It also requires looking at the big picture. It’s all great and wonderful to think about the upside, but what about the downside? In other words, how can you get burned?

Let’s explore an example. Suppose a crooked real estate agent brings you a deal that just looks tremendous on paper. It only requires an investment of a few thousand or perhaps a few hundred thousand in order to make millions. The developer has a great track record and wants to bring low cost housing to people who need it. In fact, the real estate agent believes so much in the deal that he/she has also invested in the deal.

Keep in mind the old adage that if it seems too good to be true, it probably is. There are so many scam artists in the world of offline real estate. And, the biggest problem of all is that the stakes are very high, indeed. You can lose thousands, if not hundreds of thousands or your life savings in offline real estate business development. As a tip, one good tool to check for scam artists, like crooked developers is www.ripoffreport.com.

Contrast OFFLINE real estate business development with ONLINE real estate business development. What is this you ask? It’s the world of building businesses leveraging the Internet.

For example, buying and registering a domain name is analogous to buying a piece of raw land in the physical world. Creating a website, then, is analogous to building a house on that piece of physical land. And, adding content (images, text, video, etc.) on your website is like adorning your physical home with furniture, pictures and such.

How is business development executed in the online real estate market … by creating value for your online property. Let’s take an example. When www.PartyPoker.com first launched, it was merely a website for like minded people to pass the time playing poker. Today, it is the #1 gaming site on the Internet, as tracked by www.Alexa.com.

How did Party Poker become numero uno … through community and social proof. They built the best poker site, invited people, friends of friends and affiliates. How do they make money … through advertising and the cultivation of their subscriber base.

Compared to the cost of offline real estate, acquiring, building and maintaining online real estate is peanuts. Yet, the rewards can outstrip those of offline real estate by a thousand fold, if not more. One real life example is the sale of YouTube to Google for $1.65 Billion in 2006.

There are many more examples of online real estate business development opportunities. The key is to pick a niche, understand your demographics, put down stakes, build your dream site, and invite your flock. Sound familiar?

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No one knows about hard work better than Kenny G, the Grammy award winning Saxophonist. His performances and on-stage presence are legendary. No one gets to his level without good old fashioned hard work and practice. Even a person of his caliber continues to work hard. I’m sure because he loves his art, but also because i think that music is not an end-game, but a journey.

Today, I had the great opportunity to participate in an event with Kenny G. He honored the George Mark Children’s House by visiting with us today, cajoling with the staff, playing with the kids, and just plain hanging out. He even directed his own video footage of the house to use at his concert tomorrow evening in Saratoga.

So, what makes a person a leader? Kenny G defined that today for all the families and staff at the George Mark Children’s House. One can only imagine the amount of requests Kenny G has on his time. And, just think about the amount of available time he has to give, considering his concert travels, set up, practice and even family time.

The fact that Kenny G took the time out of his busy schedule to visit a small, unknown care facility for terminally ill children is an example of what defines a leader. The fact that he spent twice the amount of time visiting than what we expected further illustrates his leadership qualities. And, to top it off, he just made people feel good, which is the real hallmark of a leader.

I’ve previously discussed why the music industry needs to change. New business development paradigms need to be developed which are more aligned with the realities of today’s world. One of these paradigms is the shift to cause-based marketing. This entails taking music and aligning it with a cause. Kenny G’s involvement today serves as an example of how a celebrity, wrapped around a cause, can move mountains. It’s a wake up call for the rest of the “me” celebrities that the whole is greater than the sum of the individual parts.

Kenny G, collaborated with three of his colleagues: Skyler Jett, Robert Damper and Genevieve Goings on a song called “Eternally.” It’s a song dedicated to the cause of George Mark Children’s House. The song celebrates life, dignity of soul, and compassion. Here is a wonderful example of celebrities giving back to the very people who need it most, our children. You can follow the journey at www.EternallyTheSong.com.” Thanks, Kenny.

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Let’s take an example of workplace dynamics. Clearly, there is a “protocol” for communications and an unspoken power dynamic between two participants. If you manage people, the proper communication method is to use leadership skills to communicate. However, if you are communicating upward, you’ll want to maintain your self-esteem, while recognizing the upward authority. Certainly, strongly voicing your opinion is encouraged; however don’t be offensive.

Many effective communications authorities would recommend that one should be looking for a win / win outcome. In other words, you get what you want by giving something in return. For example, if you’re looking for a raise at work, you could recommend new procedures that could save the company money or help increase company revenues.

There are also effective communication techniques in business development as well. Perhaps, you’re looking to partner with a new company. They have funding and implementation expertise, while your company has unique software intellectual property. In this scenario, effectively communicating how both companies would benefit from working with each other would be the best outcome. For example, a win / win scenario could be that you enlist the implementation company as a sole source provider for their services. In return, the implementation services company could provide much needed marketing and business development funds.

There are many more examples of how effective communications can streamline business discussions, as well as help create mutually beneficial relationships. The key to effective communication techniques is to take the time to do your homework. Make sure you understand what your counterpart is looking for and what motivates him or her. Decide on what you or your organization is trying to achieve, craft a proposal where both parties win and then succinctly communicate that proposal.

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It does take some time, understanding and work to get an online business going. However, it will pay off in spades if run correctly. In fact, it could be a profitable venture in a shorter time than trying to build an “offline” business. One way to fund your online business, if you’ve suddenly found yourself unemployed, is to use unemployment benefits to bridge your income shortfall. Of course, consider searching for a “traditional” job in parallel. Craft your strategy correctly, just like you would
if developing any business plan in the traditional world.

There are literally tens / hundreds of thousands of online business. So, it’s clear that you must think outside the box. If you’ve been an account in the past, consider offering online bookkeeping services or consulting with clients for on how to structure their accounting systems. What if you were an application developer in the past, perhaps you can offer your help through online bidding services such as Guru.com or RentACoder.com. These services are great for giving you a baseline of potentially unlimited short-term engagements.

Many people would just brush off building a business online as “too hard.” This is especially true if they’ve never done this before. But, the real question to ask yourself is “what do I have to lose, except time?” Let’s dissect a few of the components. Buy a domain name, build a website or use an existing site / blogging service such as WordPress, and start advertising. You should spend a few hours every night writing about what you enjoy most. Explain to your audience about certain techniques, what actions work best, where to get more information, etc. Once you start, you’ll find it amazing how much knowledge you really do have about the subject.

Of course, you have to realize that regardless of how small your business there will be competition on the Internet. The Internet has something approaching 400 million websites, give or take. But, the beauty of this is that you have the opportunity to check out your competition. You can figure out what they are doing right or wrong and create your own unique products and services.

On the flip side of the coin, if you are not a proficient web designer, you might hire one of these people off of the services listed above: Guru.com or RentACoder.com. These services provide ratings on the coders within their portfolio. It makes it much easier to pick a competent web developer.

Again, just like any business, be sure you know your objectives. The Internet should be a “one-action “model. Don’t confuse the issue with creating too many “personas” or themes about you or your offering. You will end up confusing the audience / paralyzing their thought process and they will end up not buying. Make sure you have quality content on your site, as well.

Marketing will be a key component to a successful launch of your business. I like to say that you can build a website, but if no one knows that it’s there, does it really exist? Remember you ARE competing with millions of other websites. At a minimum, you are competing with thousands of business in your category. How will you stand out? What are your unique selling points? Are you relevant?

Marketing your website is probably the most difficult aspect of starting a small business online. By the time you’re ready to launch your site, you need to be prepared to invest some bucks in bringing your small business to the attention of the world.

In the end; however, this small investment could be the biggest you’ve made to be in control of your own future. This is probably the best time to invest in your tomorrow’s future by developing your own business.

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Joint ventures, of course, are referred to by many different names, not the least of which includes: partnerships, strategic alliances, alliances, etc. No matter what you call it, joint ventures are designed with the intent to create more value from two or more entities than you would have with only one alone.

In my first year at Oracle, I created a joint venture between several technology companies: Oracle, Novell, Intel, Synoptics, etc. We dubbed the joint venture, TIE for The Integrated Enterprise. At the time, integrating solutions from several different technology providers was a difficult task. On top of that, one had to figure out how to train and support customers and resellers. The goal of this joint venture was to reduce the complexities of implementing cross – company technologies.

At Hewlett Packard, we launched a joint venture between Oracle and Hewlett Packard. Customer Relationship Management (CRM) software was blazingly hot and both companies desperately wanted to be in the space. A joint venture relationship was developed, a marketing plan was drafted, a team was assembled, revenue goals were quantified and an execution plan was launched. Both companies benefitted from this collaboration because each leveraged the others core strengths in hardware / professional services and software and support.

Another example of a joint venture in the music industry was when MySpace inked relationships with the big music labels. The result of this venture was to create a new MySpace Music entity where the labels gave streaming and downloading rights to this new entity. The goal of the joint venture is shared advertising revenue, which of course, with 100s of millions of users is an advertiser’s playground.

So, what does the new world of online marketing and profit systems look like? In this new era of Internet and mobile marketing, affiliates rule the playground. The affiliates and, even more so, the super affiliates are the power brokers. Joint ventures are common in this business and move at the speed of, well, the digital network. Those who understand how to work with affiliates will see a multiplicative effect of their marketing dollars.

Joint venture brokers are also gaining in popularity. These are “brokers” who can marry the super affiliates to companies who are looking to jump start their online businesses. This is no trivial pursuit, as it requires, just like in the “offline” world, a strong product, a huge market, a business plan and lots of diplomacy and tact.

Joint ventures can be a great way to accelerate sales, as well as to reduce the complexities of going it alone.

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