Tuesday, December 9, 2008

Spin-Off Businesses

Some products create unique industries all on their own. When Thomas Edison invented the phonograph/gramaphone, he created a list of 10 uses for his invention, which consisted mainly of business applications and recording books for the blind. Interestingly, playing music didn't register on his top ten, yet playing music spawned the massive music industry that we know today. 

Other spin off business occur all the time, such as an on-the-go mobile phone charging station found in a Manila convenience store. It seems the kind of product that is almost too-obvious for Nokia and the likes to invent. 

Monday, December 8, 2008

The Black market is Blue



Hello from Manila,

Visited a resort near a volcanic lake on the weekend, and the resort had about 12 of the above birds... beautiful macaws from South America. The cheapest you can buy one of these in the us is $12000, AUD $24 000. Considering the resort had 12, the origins of the creatures is quite dubious, however the owners insisted they were bred locally. 

Which leads me to this question:
Even if the original stock was black market purchased and smuggled, are the descendants still black market? Is it ethical to buy from what essentially has become a local breeding program?

Absolutely gorgeous birds...