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	<title>TechnologyAccountant.com &#187; Business Strategy</title>
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	<link>http://technologyaccountant.com</link>
	<description>Simplify IT and Accounting for people and organizations. By Tony Tsao, CMA</description>
	<lastBuildDate>Tue, 20 Mar 2012 17:50:35 +0000</lastBuildDate>
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		<title>TrueCrypt, Encryption Tool Review</title>
		<link>http://technologyaccountant.com/2012/03/truecrypt-encryption-tool-review/</link>
		<comments>http://technologyaccountant.com/2012/03/truecrypt-encryption-tool-review/#comments</comments>
		<pubDate>Tue, 20 Mar 2012 17:11:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business Strategy]]></category>

		<guid isPermaLink="false">http://technologyaccountant.com/?p=163</guid>
		<description><![CDATA[It&#8217;s tough to find a good encryption tool. The proprietary ones won&#8217;t cut it because you don&#8217;t know what&#8217;s in them by the very nature of close-sourced software. There are always the commercial ones from reputable companies which should be trust-worthy. However this means also paying big bucks for it. For personal or small business use, we [...]]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s tough to find a good encryption tool. The proprietary ones won&#8217;t cut it because you don&#8217;t know what&#8217;s in them by the very nature of close-sourced software. There are always the commercial ones from reputable companies which should be trust-worthy. However this means also paying big bucks for it. For personal or small business use, we don&#8217;t want to pay &#8211; right?</p>
<p>So therefore, in my opinion, a good encryption software must be:</p>
<ul>
<li>Open-sourced &#8211; the code can be exam by all, ensuring no malicious content.</li>
<li>Easy to use &#8211; a person need not be a cryptographist to use it.</li>
<li>Runs on multiple OS&#8217;es &#8211; so the encrypted volume can be used anywhere</li>
</ul>
<p><img src="data:image/png;base64,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" alt="" /> The good news is that I found <strong>TrueCrypt</strong> to be matching all the good criteria above. Here is an quick summary of the program base on my experience with it.</p>
<p>TrueCrypt allows you to create an encrypted container (called &#8216;volumes&#8217;) for which all data can be stored. It can create hidden volumes or even encrypt the entire operating system. It performs fast on-the-fly encryption and decryption so the users (yes, us the humans) don&#8217;t need to bother with the technical every time a file needs to be retrieved or saved.</p>
<p>I like to store my &#8216;volume&#8217; in a single file which I call <em>OfficeDocument</em>. No file extension so it cannot be opened by any other problem. In fact, unless I identity it to be a TrueCrypt volume you will not know which program will open it. Using a typical text processor like WORD to open, you will only see scrambled codes.</p>
<p>In this day of age where nobody can be trusted, you will sure find use for this little program on your computer.</p>
<p>It can be downloaded from its <a href="www.truecrypt.org">Official Website</a>.</p>
]]></content:encoded>
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		<item>
		<title>Global Hard Drive Shortage</title>
		<link>http://technologyaccountant.com/2011/10/global-hard-drive-shortage/</link>
		<comments>http://technologyaccountant.com/2011/10/global-hard-drive-shortage/#comments</comments>
		<pubDate>Sat, 22 Oct 2011 16:17:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business Strategy]]></category>

		<guid isPermaLink="false">http://tonytsao.com/?p=123</guid>
		<description><![CDATA[Another example of how the world is flat and all of our lives are interdependent on each other and the environment. The flooding in Thailand inundated major hard drive factories near Bangkok. Globally 25% of of all hard drives are made there. WD, one of the 2 largest makers, produces 60% of its total output in [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_124" class="wp-caption alignleft" style="width: 310px"><img class="size-medium wp-image-124 " title="Damaged WD Factory" src="http://tonytsao.com/wp-content/uploads/2011/10/WDthai-300x225.jpg" alt="WD Factory" width="300" height="225" /><p class="wp-caption-text">Flooded WD Plant near Bangkok. WD has 60% of its total capacity in Thailand.</p></div>
<p>Another example of how the world is flat and all of our lives are interdependent on each other and the environment.</p>
<p>The flooding in Thailand inundated major hard drive factories near Bangkok. Globally 25% of of all hard drives are made there. WD, one of the 2 largest makers, produces 60% of its total output in that country.</p>
<p>The flood is now at 2 meters high, and the entire Bang Pa-in Industrial Park is now covered in water. This puts at least 37,000 workers without jobs and its effects impact almost everyone globally.</p>
<p>How? Computer makers like HP, Dell and Apple will not have enough hard drives for making new computers for the next few months&#8230; likely all through Christmas. Even when drives are available, new computers will cost more at the till. Thailand is also a hub for hard drive parts such as motors and disk media; with the supplies cut, other plants in China and Malaysia will decrease output as well.</p>
<p>Prices has already risen 30% to 50% in Canada. All computer stores and distributors are scrambling for supplies. In fact, those that has quantity in stock are not releasing them to their peers or customers.</p>
<p>This is a very interesting case study material on the behavior of the market. Although no <em>actual </em>shortage is reached yet (it takes weeks for the drives to ship to Canada), the perception of an imminent shortage is enough to cause panic. Elementary economics&#8217; supply and demand rules also apply here. Prices shot up almost as soon as the news reached stores, before the actual supply decreases.</p>
<p>A deeper implication is that of equality in business. Now with limited supplies, all computer makers are fighting to secure the supply life-line. Guess who will get them <em>first</em>? Right, the big companies like Apple. Small businesses are hung out to dry &#8211; they are the last ones to get any allocation. In the current state of business &#8211; economic uncertainty and already short memory supply from Japan&#8217;s quake &#8211; many local small businesses are at major risk of losing lots of money. Big companies with more cushion on cash flow and stronger bargaining power will survive while their smaller siblings will not. The world is flat&#8230; but it doesn&#8217;t mean it is a fair trading ground&#8230;</p>
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		<item>
		<title>Purple Cow Strategy in Vancouver Coffee Shop Business?</title>
		<link>http://technologyaccountant.com/2011/09/purple-cow-strategy-in-vancouver-coffee-shop-business/</link>
		<comments>http://technologyaccountant.com/2011/09/purple-cow-strategy-in-vancouver-coffee-shop-business/#comments</comments>
		<pubDate>Tue, 20 Sep 2011 18:07:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business Strategy]]></category>

		<guid isPermaLink="false">http://www.tonytsao.com/?p=36</guid>
		<description><![CDATA[Vancouver is a coffee pot. As it seems there is never enough coffee shop to go around. You find it at every corner. Literally&#8230; the two Starbucks across from each other at Robson and Thurlow has been classic textbook material. Yet if you dig deeper &#8211; even for a non-caffeine-addicted guy like me &#8211; the truth [...]]]></description>
			<content:encoded><![CDATA[<p>Vancouver is a coffee pot. As it seems there is never enough coffee shop to go around. You find it at every corner. Literally&#8230; the two Starbucks across from each other at Robson and Thurlow has been classic textbook material.</p>
<p>Yet if you dig deeper &#8211; even for a non-caffeine-addicted guy like me &#8211; the truth is they simply lack character. Starbucks, Waves, Blenz and Timmies are cookie-cut products from large impersonal corporations. Baristas appear friendly at first but most are minimum-wage earners trained to smile and greet. Not genuine. The tenure is too short, turn-over too high for them to genuinely care.</p>
<p>This industry &#8211; and its market &#8211; really needs a <a href="http://en.wikipedia.org/wiki/Purple_Cow">purple cow</a>. Vancouver is too big and too diverse for a group of cookie-cut coffee houses. I miss the small but full of character coffee houses in Victoria, but even those are not purple cows. Such coffee shop has to be extraordinary. How about an appointment-only / invitation-only place serving personalized <a href="http://en.wikipedia.org/wiki/Kopi_Luwak">Kopi Luwak</a>? How about a coffee house whose owner actually traveled to African and Indonesia, sample the beans near a farm before bringing them back and roasting them in house? Perhaps a coffee drinking co-op that donates all proceed to good social cause?</p>
<p>I have not yet noticed any such cow. If someone spotted one, let me know please.</p>
]]></content:encoded>
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		<item>
		<title>Email Newsletter tips and tools</title>
		<link>http://technologyaccountant.com/2011/03/email-newsletter-tips-and-tools/</link>
		<comments>http://technologyaccountant.com/2011/03/email-newsletter-tips-and-tools/#comments</comments>
		<pubDate>Wed, 02 Mar 2011 01:55:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business Strategy]]></category>
		<category><![CDATA[Information Technology]]></category>
		<category><![CDATA[analytics]]></category>
		<category><![CDATA[aweber]]></category>
		<category><![CDATA[email]]></category>
		<category><![CDATA[mailchimp]]></category>
		<category><![CDATA[marketing]]></category>

		<guid isPermaLink="false">http://www.tonytsao.com/?p=50</guid>
		<description><![CDATA[Regular email newsletter that provide relevant and timely information will help small business build a community of followers. However many businesses do not do it correctly. Here is a quick list of tips for building a successful one. Don&#8217;t frequently sell products and services. If you are always trying to sell, readers will unsubscribe. Offer [...]]]></description>
			<content:encoded><![CDATA[<p>Regular email newsletter that provide relevant and timely information will help small business build a community of followers. However many businesses do not do it correctly. Here is a quick list of tips for building a successful one.</p>
<ul>
<li>Don&#8217;t frequently sell products and services. If you are always trying to sell, readers will unsubscribe. Offer truly valuable information then they&#8217;ll come back to check out your offers.</li>
<li>Don&#8217;t add people to the list who have not asked to receive your newsletter.</li>
<li>Make your special announcement upfront, right at the center.</li>
<li>Include a &#8220;learn more&#8221; link to your website. Your sales pitch should be on your site, not in the email.</li>
<li>Always include the option to unsubscribe. Don&#8217;t get marked as spam.</li>
<li>Measure its performance with Google Analytics. This will help you improve your content.</li>
<li>Ensure regular delivery, otherwise your readers will forget about you.</li>
</ul>
<p>If this sounds like lots of work, check out the following providers that will make it easier. They handle the logistics of managing list and the actual delivery, you can worry about content.</p>
<ol>
<li><a href="http://mailchimp.com/">MailChimp </a>- my favorite, it&#8217;s free under 500 subscribers and integrates with twitter.</li>
<li><a href="http://www.aweber.com/">AWeber </a>- I&#8217;ve heard many good things about them and it has great deliverability and works well with affiliate marketing.</li>
</ol>
<p>With these tools, there is no excuse for any small business not to communicate to their loyal customers through contact emails. Doing it will help build community and your company.</p>
]]></content:encoded>
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