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 innovators, about the people that make it happen.

John: That's right, they are the gallant nights of the economy right now because of what's going on with bailouts and needless government spending and a lot of other tom-foolery that's going on. Yeah, the entrepreneurs have the level heads and the creativity and the stamina to make the economy happen.

Russ: You bet and they're the hard workers too man, for sure.

John: Well yeah.

Russ: Okay and before we dive in this morning, just a quick reminder that the Consulting Stance, that's the company that teaches you how to take your industry experience and expertise and turn it into a thriving consulting practice. They have their Houston area two-day workshop teed up and ready to launch on September 9th. So if you go to consultingstance.com and register, and while you're in that process, if you put businessmakers in the discount box, you'll get a $50.00 discount. All right and here's today's lineup.

The topic is women entrepreneurs and first up for the Aflac businessmakers flashback, two weeks ago I was in San Francisco and had a great visit with two of the founders of Women 2.0, Shaherose Charania and Angie Chang. And this is the Silicon Valley based for-profit organization committed to increasing the number of women entrepreneurs starting high-growthe ventures. And it was a cool exchange with conversation beyond our radio broadcast flashback, so it's continued on the businessmakers.com as a WebXtra. All right and for our featured guest segment, last week the Houston Business Journal hosted their 2009 50 fastest growing women-owned businesses.

John: That's right Russ, and it's a program that's been around for a long time and these are the real go-getters out there. These are women who started most of these companies out of thin air and done quite well with em as evidenced by the program.

Russ: Absolutely and I got to sit down and talk with five of the key participants. First, Julie Cripe, President and CEO of Omnibank, she was involved in putting it on man.

John: She was a presenting sponsor.

Russ: And then Carol Stevens of Your Training Solutions, followed by Lianne Lami of Bocci Engineering and then Margot Dimond of Double Dimond Public Relations and then finally the 2009 winner, Lynn Ellis of eEvents.

John: That's right.

Russ: An incredible event and some cool, cool stories about businesses. But first... That's right, it's time for the BusinessMakers School of Business and this is just not your ordinary business school.

John: It's the extraordinary business school.

Russ: And we kick it off each Saturday morning with the quote of the day.

John: Quote of the day.

Russ: And this morning this one's a real serious one so –

John: Okay.

Russ: Here you go. It's kinda got an anti-trust flavor.

John: Okay, we have to be real serious.

Russ: All right.

John: Okay.

Russ: Here it is. "I think it's wrong that only one company makes the game Monopoly."

John: You know that's so true. Just think how great the board game Monopoly would be if they had other –

Russ: They should open it up for competition.

John: They should open it up, then of course you'd have to kiss a patent law and the copyright law –

Russ: Goodbye.

John: Goodbye but what the heck. Competition is competition right?

Russ: That's right. That quote is by none other than Stephen Wright.

John: I would say that guy's a genius.

Russ: He is. I didn't know he knew so much about anti-trust laws.

John: I know.

Russ: All right and that brings us to this week in business history. What happened that was memorable in this end of August, beginning of September week?

John: We have so much here and as we said, in prior shows if you want the full history lesson you need to go to thebusinessmakers.com.

Russ: Right.

John: Okay, this week in business history, in 1777 the American flag is flown in battle for the first time. There was a Revolutionary War skirmish at Kootch's Bridge, Maryland.

Russ: Yep.

John: In 1869 the first death from a motor vehicle accident occurs.

Russ: Wow.

John: I mean that's pretty amazing, 1869.

Russ: This week in 1869 and that happened.

John: 1869.

Russ: Jeez.

John: That's before Custer's last stand. It's like right after the Civil War.

Russ: Whoa.

John: A woman named Mary Ward was an Irish scientist was killed when she fell under the wheels of an experimental steam car built by her cousins.

Russ: Jeez, that was 140 years ago that that happened.

John: That's right.

Russ: That was before they came up with, you know the phrase, we threw him under the bus.

John: Yeah, which has been popularized by the current administration.

Russ: Right. Back then it was thrown under the experimental steam car.

John: I know but that doesn't have the same ring to it.

Russ: It doesn't.

John: Okay, all right. This week in business history, in 1886 the Apache Chief Geronimo surrenders to U.S. government troops. This guy was on the lamb for 30 years creating all kinds of havoc in the southwest and he eventually surrendered. A General Nelson Miles and they gave him a Cadillac as a kind of a parting gift.

Russ: Right, yeah.

John: Kinda like a quiz show.

Russ: Yeah.

John: Course there was no way of maintaining a Cadillac at the reservation. It actually turned into a chicken coup.

Russ: Right, and for those of you who listen to the show year after year and wonder why we bring that story up ever year, one reason, it's an important story, the other reason is we really love the song.

[Music: "Geronimo's Cadillac"]

John: This week in business history in 1935, President Franklin Roosevelt's Revenue Act takes effect and what it was is it taxed the rich scheme.

Russ: Tax the successful people, right.

John: Yeah, right, tax the successful people until they're no longer successful.

Russ: That's right. That'll show em.

John: And of course the economy went south, not solely because of that but it had something to do with it.

Russ: Absolutely.

John: Because you take too much money from people they stop working.

Russ: Absolutely.

John: Doesn't matter what income level you're in.

Russ: That's right.

John: Okay. This week in business history in 1944 is the birthday of Houstonian Archie Bell.

Russ: Archie Bell and the Drells.

John: Well the Drells, not just Archie Bell. I don't know when the Drells were born. What is a drell anyway?

Russ: I'm not sure.

John: It's kinda like Gladys Knight and the Pips. What's a pip?

Russ: I don't know.

John: What would happen if you threw a pip into a steel cage death match with a drell.

Russ: With a drell?

John: I wonder who'd win that one?

Russ: It would be interesting.

John: All right, okay.

Russ: But Archie Bell was really kind of looking into the future when he came up with that –

John: The tighten up.

Russ: Yeah, that should be the theme song these days.

[Music: "Tighten Up"]

John: Okay, this week in business history in 1955, William G. Cobb demonstrates the first solar powered car.

Russ: 1955?

John: Yeah, the General Motors Power Ram. This week in business history in 1963 the U.S. Soviet hotline goes into operation. Everybody thinks this is a phone, it was like in the White House but actually this is a teletype machine that was installed after the Cuban missile crisis. The teletype that would receive the Soviet message was in the Pentagon.

Russ: Oh, it wasn't even in the White House.

John: It wasn't even in the White House, right.

Russ: Okay.

John: And the first message the U.S. sent was get off my back you lousy dictator. No, actually the message was, "The quick brown fox jumped over the lazy dog's back, 1, 2, 3, 4, 5, 6, 7, 8, 9, 0."

Russ: Yeah.

John: Okay.

Russ: I think they choose that cause it's every character in the – in our alphabet at least.

John: Yeah right, and – yeah, course this was made fun of in the movie Dr. Strangelove, which is a great movie. I still love it.

Russ: That wasn't a true story?

John: My favorite line is when the Air Force general starts getting in a fight with somebody, the president says, "Gentlemen, you can't fight in here, this is the war room!" All right, this week in business history in 1963, the Angels, this is a great song, My Boyfriend's Back And You're Gonna Be In Trouble.

Russ: I love that.

John: That is a great tune.

Russ: And incredible song.

John: Let's listen to it.

[Music: "My BoyFriends' Back"]

John: This week in business history in 1966 is the final episode of The Adventures of Ozzie and Harriett.

Russ: Oh man.

John: Very popular TV show and I'll tell you what, even though the plot was kinda sappy and the –

Russ: Yeah, it was, yeah.

John: Dialog stilted and all that, there were a lot of production innovations that were put into practice that are still used today.

Russ: Really? Wow.

John: Multiple camera shoots, stuff like that.

Russ: And they were a real family too right? Yeah.

John: Absolutely.

Russ: Right, yeah.

John: And I'll tell ya, my favorite Ricky Nelson song was Garden Party.

[Music: "Garden Party"]

Russ: Okay.

John: All right, this week in business history in 1976 a judge rules that George Harrison is guilty of plagiarizing the tune of He's So Fine in composing the single My Sweet Lord, which is a really great song,

[Music: "My Sweet Lord"]

John: However, it was subconscious plagiarizing so he wasn't penalized too much.

[Music: "He's So Fine"]

Russ: That's okay.

John: This week in business history in 1989, Toyota launches the Lexus.

Russ: Oh yeah. Pretty well.

John: I think they're doing pretty well. It's a great car and actually your wife drives a Lexus right?

Russ: Yeah.

John: How's she like it?

Russ: I think she likes it a lot.

John: All right, this week in business history in 1995 eBay was founded. It was erroneously reported that the guy who founded it was trying to help his girlfriend sell Pez dispensers.

Russ: Yeah, which was supposedly just a PR plug right?

John: Yeah PR.

Russ: And let me tell ya, they carried it so far – I know because like in probably 2000 I went to headquarters of eBay and they had all these Pez things out in the lobby on display.

John: It was just a ruse.

Russ: They were foolin me right?

John: They were foolin ya, yeah, right.

Russ: I felt offended too.

John: Well you should.

Russ: All right.

John: Okay, can't believe everything you read.

Russ: That's right.

John: Or hear or see.

Russ: Yeah, all right.

John: All right now we've reached the point in The BusinessMakers history where we actually have people who we had on the show.

Russ: Yeah.

John: First up this week in business history in 2005 we had Sonya Valesco Clayton, founder and CEO of Virtual Intelligent Providers and I think she's the only guest we've ever had on the show that owed her success to shooting somebody with a gun.

Russ: This is an incredible story. We'll play a clip for you but – she was telling us her background of all these business activities in Venezuela and it was going on too long and John finally said, "Well what got you over here?" you know to start this cool company –

John: And here's what she said.

Russ: And this is what she says.

Sonya: Actually I have been working in the security field. I actually was being severely harassed by one of my bosses and he got really fresh with me one day and I think he was getting really excited and I cut the excitement with a gun and actually shot one of his legs so I lost my job.

John: Holy cow, you shot the boss. All right, this week in business history in 2006 again, The BusinessMakers makes history with Chris Anderson, Editor and Chief of Wired Magazine and author of The Long Tale.

Russ: He was a great guest.

John: I know. Wired's part of the American City Business Journals.

Russ: Is that right?

John: Actually we're owned by Advanced Publishing, which owns the Condenast Magazines which Wired's one of the flagship books.

Russ: Okay. Now some people are sorta taking to task the long tale philosophy now but he's standing up to em pretty good.

John: Yeah. And finally this week in business history in 2008 The BusinessMakers had Bill Curtis.

Russ: Oh yeah.

John: I first saw Bill Curtis on TV. He did this extended series on the Kennedy assassination.

Russ: Oh yeah.

John: He did a great job. But he also founded later, Tall Grass Beef Company in 2005 and today's raising grass-fed cattle on his 10,000 acre ranch in Kansas. He also does commercials now for AT&T Wireless.

Russ: Well his commercials are hilarious. I love em. But what he was on for was mainly tall grass cause he raises cattle without hormones, without antibiotics, I think without profit too actually. So far I think it's been a little bit tough for him.

John: Yeah, they're air-fed cattle. All they do is breathe.

Russ: All right, that wraps up history for today right?

John: Yeah, not bad. Again if you want the full Monte you go back on the web site.

Russ: Absolutely.

John: Get the full coursework.

Russ: Okay. All right and that brings us to navigating business jargon. This is our vocabulary lesson today where we take new words that are just bubbling up out there in the world and I get to select one and I keep it totally confidential and private and John –

John: I do not know the word. I'm not just making that up either.

Russ: Right, right.

John: I don't know the word.

Russ: The contest is I say the word... and he guesses the meaning. You ready?

John: All right, okay.

Russ: Here it is. Metoobies.

John: Metoobies.

Russ: Metoobies.

John: These are people who are always, they're like yes men. They're always yeah, me too, I wanna come, I wanna go with you or yeah, yeah I agree with that. Yeah me too. They're these, these are syncafans.

Russ: Ladies and gentlemen hold your calls, we have a winner here.

John: All right. Hey.

Russ: It's really a specialized, according to this meaning, we might wanna change it. Participants in online conferences and chats who seem incapable of posting anything other than me too, ditto, yeah right on. You're right. All right, there ya go. And that brings us to dumbest moments in business history. Do you have a story for us?

John: Yeah. This is quite shocking. Actually I got this information from Greg Price.

Russ: Right, the entrepreneur's playbook guy.

John: Entrepreneurs playbook, he sent me this video. There's a web site called thedailybail.com.

Russ: Okay.

John: There was an anti-bailout democrat, Allen Grayson-

Russ: Yeah.

John: And he might be one of the few democrats I would ever vote for based on his questioning of Elizabeth Coleman, the Inspector General of the Federal Reserve.

Russ: Right.

John: And what you see is abominable.

Russ: Yeah.

John: I mean this woman who was appointed during the Bush administration as inspector general has no clue where any of these trillions of dollars of federal spending are going. Now the thing is, I don't think it's her fault.

Russ: Yeah, okay.

John: And I'll tell you why.

Russ: Why?

John: I think when you get into trillions of dollars; Santa doesn't have enough elves to figure out where all that money's going.

Russ: So how could the Federal Reserve?

John: How could Federal Reserve? And I think it's just the federal government is getting so big and there's so much money going in so many different directions nobody can – no human being can even make a computer that can figure out where it's all going and give it to you in one concise format.

Russ: I totally agree.

John: This just goes to show if any of you out there think that healthcare or the cap and trade is a good idea, and who knows, it might be. But I think the government is incompetent enough not to be able to execute any of it. That's the whole nub of the matter. It doesn't matter if the government wants to give everybody $1 million.

Russ: Yeah.

John: The government is – just look at the –

Russ: Incapable of doing it.

John: Just look at the cash for clunkers. Okay look at the problems they had there.

Russ: Right.

John: So I'm just saying doesn't matter what the government wants to do. It could be the greatest thing in the world. It could solve everybody's problem.

Russ: They can't execute.

John: They cannot execute and this shows it right here. If you need proof, well there it is right there.

Russ: All right. All right and that allows us to move forward to the contributor of this great story.

John: Oh great one, oh wise one, come hither.

Russ: None other than Greg Price.

John: Here he is.

Russ: The author and the voice of the PKF Texas Entrepreneurs Playbook.

Russ and John: A one and a two and a...

[PKF Texas – The Entrepreneurs Playbook]

Russ: And that wraps up this morning's school of business. You're listening to the BusinessMakers Show heard here and online at thebusinessmakers.com. Be sure and stay tuned in for the Aflac BusinessMakers flashback where we have two of the co-founders of Women 2.0. You're listening to The BusinessMakers Show heard here and online at thebusinessmakers.com.