Russ: Good morning. This is the BusinessMakers Show heard here and online at thebusinessmakers.com. And this is that show about the business builders, about the entrepreneurs.

John: That's right, Russ. Well, they are more than just builders. These are the white knights, the gallant knights out there that are really keeping the economy going while we're going through all these prolonged machinations caused by government spending of money we don't have. I mean, if it weren't for these people, we'd be dead in the water.

Russ: You bet. And speaking of Entrepreneurs, many who heard last weeks guest segment with Christine Lambden and Casey Conner of Consulting Stance, remarked about how timely that interview was. The Consulting Stance is the company that teaches through two day workshops on how to take your industry experience and expertise and turn it into a thriving consulting practice. Clearly with the economy in the shape that it is John, and with more and more companies outsourcing projects as apposed to adding employees, it is prime time. So we circled back with Christine and Casey and agreed that our listeners could get a fifty dollar discount for either of their workshops, presently scheduled for August 20th in Austin Texas, and September 9th in Houston Texas. All they have to do is when they go to theconsultingstance.com to register is enter BusinessMakers in the discount code. A cool cool offering and we wanted to pas that on. Alright John are you ready for our line up?

John: Sure.

Russ: Last week we attended Entrepreneur Camp in Houston, an event for entrepreneurs based on the same ad-hoc agenda that has been made famous with Bar Camps across the USA. An entrepreneur camp which included elevator pitches, which are included with this weeks show on thebusinessmakers.com as a WebXtra. But before the elevator pitches, Esther Steinfeld and I interview the originators of the event, the founders of Workadoo, Bridgette Penel and Travis Skweres. And then for our featured guest segment, I visit with David Ferdman, founder president and CEO of Sirus One, a thriving managed hosting provider. But first... That's right. It's time for the BusinessMakers School of Business. And this is not your business as usual school.

John: No. This is several cuts above the normal business school because we update our curriculum on a weekly basis. I mean, these aren't just standard textbook kind of things that we, you know, belch out every year like the professors do in those ivory towers.

Russ: That's right.

John: We've got our nose to the grindstone and our ear to the tracks out there, knowing what's coming up and what we need to be talking about.

Russ: There you go. I think we're the hardest working two business guys in radio.

John: In academia for sure.

Russ: Absolutely.

John: We don't even have office hours. We're too busy to have office hours. So if you want any counseling out there, get it from somebody else.

Russ: There you go.

John: We're too busy working.

Russ: Alright. And we kick off the school of business each Saturday morning with a quote of the day.

John: Quote of the day.

Russ: And sort of continuing on with that theme last week from the Adrian Rogers quote –

John: Oh, right. Yeah.

Russ: The government cannot give to anybody anything that the government does not first take from somebody else.

John: That's right. Because the government doesn't create any wealth.

Russ: That's right.

John: It doesn't. It really doesn't.

Russ: There you go. Alright. And that brings us to this week in business history. What happened during this third week in August in business history?

John: This week in business history, in 1620, the Mayflower set sail from Southampton, 102 pilgrims. Now, the interesting thing, they weren't headed for Plymouth, Massachusetts. They were headed for Virginia and they got blown off course.

Russ: They missed.

John: They missed.

Russ: I bet it was an exciting ride, no matter where they were heading and where they landed.

John: Well, yeah. And I tell you, I've been on that ship. In Plymouth, Massachusetts they've got a recreation of the ship. And man, they put 102 people in that thing.

Russ: It wasn't very luxurious?

John: Ah yeah. And there were no stabilizers like the modern cruise ships have.

Russ: Yeah. None, aye?

John: There were no casinos.

Russ: No casinos. Jeez!!

John: Or good-looking waitresses or anything like that.

Russ: What about a swimming pool?

John: The swimming pool was the ocean.

Russ: Okay. I got it.

John: It was in the swimming pool.

Russ: Alright.

John: Okay. This week in business history, in 1841, former Whig ally, President John Tyler, vetoes a bill that would establish a second bank of the United States, which quickly prompted a riot outside the White House. A lot of community organizing going on back then as well as now.

Russ: Oh yeah.

John: And it stands to this day as the most violent demonstration every held outside the White House. There were firearms being discharged. It was just mayhem.

Russ: Alright!

John: Okay. This week in business history, in 1841, the first bankruptcy laws were established. They hit the books at this time and covered, of course, the whole nation. But the laws were actually repealed a few years later. But they proved popular during the brief period in which they were enforced. About 33,000 people utilized the bankruptcy laws at that time.

Russ: Wow!

John: Alright, this week in business history, in 1868, French astronomer Pierre Jules Césare Janson, this guy discovers helium. Now the cool thing about helium is when you breathe it in (sound effects), it makes you talk funny.

Russ: Well, I wonder if that's exactly what Janson had in mind when he invented it?

John: Well, I think he was probably having some fun with a bunch of neighbors and said, "Hey, why don't you take a drag of this stuff and see what happens?"

Russ: Alright. Real cool.

John: Okay. This week in business history, in August, August 19, 1871, is the birthday of Orville Wright, you know, one of the two Wright Brothers who discovered mechanized flight.

Russ: Right. Cool.

John: Okay. Later on, this week in business history, in 1888, the first adding machine in the United States is patented by William Burroughs.

Russ: Wow! Burroughs!

John: Which later became the Burroughs Company, which actually up into the ‘70s was doing business.

Russ: Right. Big time.

John: I don't know whether that machine could subtract. I think it just added stuff.

Russ: Well, it was called an adding machine. Right? Not an adding and subtracting machine.

John: Right. This week in business history, in 1896, the dial telephone is patented. It had a rotary dial. I'm sure if you're out there and you're under 30 years old, you probably don't even know these things existed, because you had push buttons that came in.

Russ: Right. But it worked well. Didn't it?

John: It worked very well. This week in business history, in 1905, they filed for the trademark for the Cadillac crest. A guy named Newell Wright, an attorney, no doubt, filed to register the crest as a trademark. And it's been on the car ever since. That's a nice looking crest too.

Russ: Yeah. It is. It is.

John: Okay, this week in business history, in 1937, the Toyota Motor Company is established as the Toyota Motor Company Limited. It became a division of the Toyota Automatic Alum Works. The company underwent huge expansion in the ‘60's and ‘70's. But it's unbelievable that company started before World War II.

Russ: I know. I still remember the first time I saw a dealership, which was in the ‘60's. It just sort of looked like a joke at the time, because the cars were very small. You're going, boy, that's going to be like a one-night stand.

John: Well, how wrong you were. Even the great Russ Capper can be wrong.

Russ: Well, I was wrong. Now we've got a world-wide Toyotathon going on.

John: I know. A Toyotathon, my favorite sales event.

Russ: There you go.

John: Okay. This week in business history, in 1962, the Beatles fire their original drummer, Pete Best, and bring on a new guy, Ringo Starr. And he's been a former customer of BusinessMakers' guest Herb Rockstein, founder of Pro Mark.

Russ: That's right.

John: They make drum sticks, among many other things.

Russ: Imagine being Pete Best and having lost that job. God!

John: Okay. This week in business history, in 1968, the Soviet Union – I like how this is worded – intervenes in Czechoslovakia. That's like saying Charles Manson was mischievous.

Russ: Right.

John: In the face of anti-Soviet protests in Czechoslovakia, what happened was they invited Dubczech, after all these reforms were going through, they invited Dubczech to Moscow. They said, "Hey, let's talk it over." So the minute he lands, they arrest them. Send the tanks into Czechoslovakia. That whole period was called the Prague Spring. It happened in 1968. One of my favorite hockey players is Yamir Yagur. He's from Czechoslovakia. He wears number 68 in commemoration of all that.

Russ: Cool. And Dubczech was a pretty forward-thinking guy at the time. Right?

John: Well, yeah. Well, he wanted to break free of communism.

Russ: Yea right.

John: This week in business history in 1969, the Woodstock Music and Arts Festival.

[Music: "Woodstock"]

John: Okay. This week in business history in 1972, Grace Slick gets hit by the police. They actually mace her with that chemical spray there that makes you incapacitated.

Russ: What'd she do?

John: Well, she called the cops pigs. And, you know, if that happens, it's going to happen.

Russ: Well that sort of demonstrates the way cultures change. I don't think a policeman would even consider macing somebody these days if they called them even worse things than pigs, man.

John: This week in business history, in 1977, Elvis Presley dies.

[Music: "Heartbreak Hotel"

John: Where were you when Elvis Presley died? He was only 42 years old.

Russ: I know. No. I was at work at my IBM branch office at the time.

John: Yeah. I was on a train from New York to Washington, making some sales calls up in New York. I got off the train, got in my car, turned it on, driving home – man!

Russ: Yeah. Serious stuff.

John: It was very serious stuff.

Russ: The king is dead.

John: Well, one too many banana peanut butter sandwiches. I think that's what did it. This week in business history, in 1982, Lang Laboratories bites the dust. It files for Chapter 11. They couldn't compete in the fast-changing computer industry, but up till then they were quite the thing.

Russ: Well, they were. They were a powerhouse, a mini-computer powerhouse. They kind of revived themselves but completely different company after that time.

John: Yeah. It just didn't work out. Okay. This week in business history. In 1985, the last episode of The Dukes of Hazard.

[Music: "Dukes of Hazard Theme"]

Russ: What a show that was, man!

John: I know, I know. My son Michael, that was one of his favorite shows.

Russ: Well, I can understand.

John: He even had Dukes of Hazard under-roos.

Russ: Did he really? Well, that's cool.

John: You know those underwear that had the –

Russ: I know.

John: little under-roos.

Russ: Well, did he like Daisy?

John: Oh yeah. He liked Daisy.

Russ: I'll bet he did.

John: But he liked to see that car flyin' around.

Russ: Yeah. It was a good show.

John: Alright. And this week in business history, in 1985, Madonna weds Sean Penn.

[Music: "Lucky Star"]

John:You can tell it was a slow week in this week in business history when we have to cite that as an item, you know. Finally, this week in business history in 2008, Hussein Balt sets a new 100 meter dash record at the Beijing Olympics.

Russ: God! 2008 Olympics. What an incredible record that was. I think we under-estimated him. I mean, the fact that the guy lowered that race record that far in one event. Big deal. Alright! So that wraps up this morning's history lesson?

John: I guess so.

Russ: Alright. Good deal. In case people are ever questioning any of the stories, you know, that we choose, how would we justify that?

John: Well, it's our deal. If they don't like it, they can start their own radio show.

Russ: There you go. Alright.

John: And compete with us.

Russ: That clears it up.

John: The battle of the business schools.

Russ: That's right. Bring it on.

John: Yeah. We want competition, baby. We're ready for it.

Russ: Alright. And that brings us to navigating business jargon.

John: Oh. I need to say one more thing. If you want an extended version, if your thirst for knowledge hasn't been quenched by the edited version of the school of business on the radio show, just go to the website, the businessmakers.com. All the course work is laid there before your feet.

Russ: You usually call it the full monty. Right?

John: The full monty.

Russ: It's right there.

John: It's right on the website. It's all there.

Russ: Alright. And that brings us to navigating business jargon. This is our vocabulary lesson, delivered each and every week, as sort of a challenge to John Beddow.

John: It is. It is a challenge, because I don't know the word.

Russ: Yeah, he doesn't.

John: I may not even know the word after I hear it. I've got like ten seconds to come up with a definition.

Russ: That's right. That's right. I get to choose the word, and I say the word. And then John does his best to guess the meaning.

John: It's hard. Somebody's got to do it. But I've signed on for it.

Russ: Yes. No wagering, please. This morning's word is beer typing.

John: Beer typing.

Russ: Yeah.

John: We all know what beer is.

Russ: Yes, we do.

John: It's an alcoholic beverage.

Russ: Yes, it is.

John: And typing is when you're typing something. You don't use typewriters any more, so it's probably not that kind of typing. It's like a type casting.

Russ: Oh-hh! Yeah, yeah.

John: So this beer typing is when you see somebody and they look like they just fell out of bed, like the most of the people that work in our buildings, that are not Business Journal employees, but they're working for a tech company. You can just tell by looking at them that these guys are beer guzzlers.

Russ: You were so close. But you're a loser today. Beer typing is judging a person's personality based on the type of beer that they are drinking.

John: Oh. Alright.

Russ: Alright. And that brings us to dumbest moments in business. Do you have a story for us this morning?

John: I've got to tell you. You know, every now and then I start to feel sympathy for the airlines.

Russ: Yeah. It's a tough business.

John: Then you hear about something like this. In this case, it was 47 passengers that were stuck in a Continental Airlines regional flight for 14 hours in transit and then were trapped in a 6 hour ground delay. This is one of those 50 seat jets. Two seats on one side. And there were babies crying. The restrooms were filling up. The smell was unbelievable. And they were sitting on the tarmac.

Russ: So they kept them in an airplane. They got diverted.

John: They got diverted.

Russ: And they made a safe landing.

John: Oh yeah. A very safe landing. But they had to sit on the tarmac for hours.

Russ: Because the regional airport that they landed at was closed.

John: It was closed. Right.

Russ: Yeah. So they had to wait until the morning when people came back to work. And they wouldn't let them off the plane.

John: That's it. Can you believe that? If you're a normally height person, like 5'8" and above, it's a very excruciating experience.

Russ: It seems like they should have been able to call somebody and say open the airport up.

John: And they only gave them one drink.

Russ: Alright! And before we wrap up this morning's school of business, let's bring in Mr. Greg Price for the very popular PKF Texas Entrepreneur's Playbook.

John: We don't have to lay him on the tarmac; we welcome him right in. Come on in, Greg.

Russ: You better believe it.

John and Russ: Okay. A-one, and a-two, and a –

[PKF Texas – The Entrepreneurs Playbook]

Russ: Okay, and stay tuned in for the Aflac BusinessMakers Flashback when we roll back to last week's session at Entrepreneur Camp in Houston Texas, a real cool event. And that is followed with our featured guest segment with David Ferdman, founder and CEO of CyrusOne. You're listening to the BusinessMaker Show heard here, and online, at thebusinessmakers.com.