Russ: This is the BusinessMakers Show heard here and seen online at TheBusinessMakers.com. This is that show about those that make businesses and those that make business happen.
John: That's right, Russ. These are very important people that we talk to day in and day out and some of 'em make their way onto this radio show, but if it weren't for the entrepreneur class and the business class, I would say our economy would probably be of the third world variety.
Russ: Right. Wouldn't exist probably.
John: Probably wouldn't - yeah. We'd have one, but it wouldn't be nearly one as much that would bring any modicum to the prosperity we now have, even with the economic problems we're having.
Russ: You bet. Alright. And here's our lineup for today. First up, Glenn Franson, co-founder and CEO of Massage Heights -
John: Wow.
Russ: It's an interesting, rapidly growing franchise model.
John: Massage Heights.
Russ: Massage Heights.
John: 'Cause we had Massage Envy -
Russ: We ________ did -
John: -- it was one of our first ever -
Russ: Absolutely.
John: -- interviews.
Russ: A competitor.
John: A competitor of Massage Envy.
Russ: Which shows you in the free enterprise market, we'll interview both sides of a competitive challenge -
John: That's right. That's right. Don't think we're playin' favorites with you when you bring on this show -
Russ: That's right.
John: We'd just soon bring a competitor on next week, the following week -
Russ: And then that interview's gonna be followed by one with Stewart Skloss, founder and chairman of Pura Vida Tequila Company.
John: Oh wow.
Russ: And he's gonna be joined in the second half of the interview by Modesto Nunez Del Toro, former high level executive with El Patrone Tequila from Mexico.
John: Gees. Wow.
Russ: But first. That's right. It's time for the Businessmakers School of Business. Perhaps the most valuable component of our show.
John: The fact is is there's no shortage of information that we can impart with our audience that we feel and that's gonna help them in their careers or in their business or what have you.
Russ: Right. And we kick off the School of Business for each new addition of the Businessmakers Show with the quote of the day.
John: Quote of the day.
Russ: And today's quote kinda' focuses on that thing that we've talked about here on this show before -
John: What's that?
Russ: That is the sort of the difference between the baby boomers in the business world and the new younger millennial Gen Y -
John: _______ Gen X -
Russ: And sometimes there's sort of a disconnect. So here's the quote. It's from Willa Caither.
John: Willa Caither?
Russ: Willa Caither. You bet. I don't think she's been on the show.
John: No. She's dead isn't she?
Russ: She probably is.
John: Didn't she write a book? She's an author 100 years ago or something -
Russ: Yeah, I think about 100 years ago. That's one reason we haven't had her on the show yet, but here it is -
John: Any of you who can -
Russ: Connect with her.
John: Yeah. If you're in the séance business, please contact us immediately. It'd be great if we could - Thomas Edison and Henry Ford or -
Russ: Right. Well wait till you hear this -
John: -- or Willa Caither.
Russ: There ya' go. Wait till you hear this quote. The dad might as well try to speak to the living as the old to the young.
John: Yeah, that's right.
Russ: So it's all -
John: Boy, if she has that nailed.
Russ: This is like a pun here, ya' know. We kept talking about her not being here. We couldn't talk to her, but the young and the old don't seem to connect particularly _______ --
John: I know. Well see the young think they got it all figured out.
Russ: Yeah, they don't need the old.
John: Till they start making mistakes and then they run home to their mommies and daddies.
Russ: That's right. And say, "What happened?"
John: What happened. Alright.
Russ: Alright. That brings us to this week in business history. So what happened right here at the end of May, beginning of June in business history?
John: Okay. This week in business history in 1495, this is like 3 years after Columbus' voyage to the new world.
Russ: Right.
John: The first written record of Scotch whiskey appears in the ex-checker roles of Scotland by a friar. Friar John Coor was a distiller -
Russ: Well I'll drink to that.
John: So Scotch has been around. This week in business history, 1678 Lady Godiva rode naked through Coventry in England in search of chocolates. Actually she was there protesting taxes, but she didn't have any clothes on.
Russ: Right. It's what? Been here 500 - 400 years later.
John: I wonder if they shaved their legs back in those days.
Russ: I don't think so. I don't think they did, but 400 years later she reappears in the form of Lady Gaga.
John: Lady Gaga.
Russ: Yeah.
John: So get Godiva, Gaga. I wonder who'll be next.
Russ: I don't know.
John: I don't think I'd wanna see Lady Gaga prance - she's almost naked -
Russ: Almost. All the time. Just not on a horse.
John: Yeah, okay. Alright. This week in business history, 1761 the birth of Henry Shrapnel. This is the guy who invented shrapnel. Now shrapnel are those chards of metal that explode when the bomb goes off and they designed the bombs, he was the first one to design a bomb so there'd be shrapnel. So it just wouldn't occur because of a happen stance of physics. He actually built bombs where there'd be tons of shrapnel.
Russ: What would we do without him?
John: What would we do without - look at all the wars the U.S. has won.
Russ: There might be a significantly higher problem of overpopulation if it wasn't for Henry Shrapnel.
John: I know. Okay. This week in business history, 1848 - this is a mediocre thing. William Young patents the ice cream freezer. The hand crank machine was invented by Nancy Johnson, but patented by William Young. He probably stole the patent. There's probably an under story there.
Russ: I'll bet there is. Probably a disagreement over it.
John: There's probably a romance that went sour.
Russ: That's probably what it is.
John: Something. Okay. This week in business history in 1869 the voting machine, again a little mediocrity. Thomas Edison patented the voting machine. It's not the electric light bulb.
Russ: Yeah. What year was it?
John: 1869.
Russ: My goodness. I wonder what kind of machine that was.
John: I don't know, but it was a voting machine. It's okay. It's not gonna cure cancer or anything like that.
Russ: Right, right.
John: Okay. Here we go with another one. This week in business history in 1880 the first pay telephone was installed.
Russ: Wow.
John: Ya' know. Okay. They've been around for a long time. They finally got around to installing one of them.
Russ: Right. Okay.
John: This week in business history in 1884 Dr. John Harvey Kellogg patents the flake cereal.
Russ: Okay. Yeah. Probably the first one was what? Post Toasties or Wheaties?
John: I bet it was - maybe it's Frosted Flakes.
Russ: Maybe. Might have been -
John: It was Corn Flakes, Kellogg's Corn Flakes -
Russ: Coulda' been. Yeah. Coulda' been that, right.
John: This week in 1928, business history, 1928, Velveeta cheese was created by Kraft.
Russ: Well I don't think it really is cheese.
John: Maybe petroleum based glump.
Russ: But it's still there and eaten all the time -
John: I know. Okay. This week in business history in 1946 the first bikini bathing suit display.
Russ: Well, it's -
John: I'd like to know when the shoestring was patented. Now that's more important than a bikini.
Russ: Well and the bikini all it is is hey, let's just take a two-piece swimming suit and make it a lot smaller.
John: Lot smaller -
Russ: And that's all they did -
John: So we can reveal body parts.
Russ: Right. That's all they did. Course -
John: The fun _______ _______ --
Russ: Ya' know years later they came out with the thong.
John: The thong.
Russ: Let's make it even littler. So I don't know if that's innovation.
John: Speaking of thongs, this week in business history in 1967 the Beatles released the thong - or song. Excuse me. A song, Sergeant Pepper's Lonely Heart Club Band. This week in business history in 1973 a patent for the ATN, the automated teller machine is granted to Don Wetzel, Tom Barnes and George Chastain.
Russ: Interesting.
John: The three amigos there. Now what I mean is that's kind of a - it was kinda' nice when they first came out, but now everybody uses 'em and it's like a toothbrush.
Russ: Well and now maybe they're even replaced with debit cards and credit cards. You don't need cash.
John: But if you need cold, hard cash -
Russ: Oh, it's the place to go.
John: Yes. This week in business history in 1977, the Apple II, the first personal computer goes on sale.
Russ: Oh absolutely.
John: Major, major advancement over its predecessor and you used to sell these things for a living. So what do you think?
Russ: Well Apple II was huge because Apple I was more of a limited production thing. So this is the beginning in lots of people's minds. Yeah, huge.
John: Alright. This week in business history in 1980 the first transmission of CNN Cable News Network occurred. Now at the time it was pretty significant, but it's turned into not a very good network for news.
Russ: Right. Well it was significant at the time -
John: The Comedy channel has higher ratings that CNN.
Russ: Right. But at the beginning it was so revolutionary that you could turn on anytime of day and start seeing what some people thought was news.
John: Yeah, right, yeah. I think at the very outset they did try to be even handed and not sayin' bag the audience, but that's transpired. Okay. This week in business history in 2008 Hussein Bolt, world record holder in the 100-meter sprint with a win. He breaks the world record with a win, legal 9.72 second 100 meters.
Russ: Unbelievable. I don't know if he's finished already, but man oh man, did he give us a couple of thrills in the 100-meter dash that forever the record was not being broken and boom.
John: Mm-hmm. Yeah, I know. Yeah. Someone'll break it.
Russ: Alright. That wraps it up.
John: Someone always breaks the record.
Russ: Oh yeah. Okay.
John: Alright. Yeah, that's it.
Russ: Alright and that brings us to the jargon challenge round. Also known as our vocabulary lesson.
John: That's right. That's right. Yes.
Russ: Where I go out and find new words.
John: New words and phrases.
Russ: That's right.
John: Make 'em up, too.
Russ: And the way we present them is that John doesn't have anything to do with it until I announce the word -
John: Right. I don't even hear the word till now. I mean till not now, but when he gets around to saying it.
Russ: And it's in a contest format where he guesses the meaning.
John: Yes.
Russ: No wagering, please.
John: Yes, right.
Russ: Today's word: cybrarian.
John: Cybrarian.
Russ: C-Y brarian.
John: Yeah, okay. A librarian is someone that takes care of books and keeps 'em in order.
Russ: Right.
John: In cyber world, a cybrarian does the same thing only with books on the web and things like that.
Russ: I think we'll give you a winner. It's not books on the web. It's just information -
John: Information on the web. Well I was about to say information, but thought I'd be a little more -
Russ: No, I could tell. So we're gonna hold your calls, ladies and gentlemen. We have a wimmer.
John: A wimmer?
Russ: We have a winner. Alright. And that brings us to dumb moments. Do you have a dumb moment to share with us today?
John: Yeah. This is why you don't want the government in charge of anything, except maybe running the military.
Russ: Right.
John: The Pentagon's pretty inefficient, but at least we've won all the wars we fought.
Russ: Sort of.
John: Except for maybe one or two.
Russ: Right, right.
John: But we've won like 15 of 'em.
Russ: Right, right.
John: Fifteen, maybe tied one.
Russ: Right, okay.
John: That's Korea.
Russ: Right. I don't know what you call Vietnam.
John: Vietnam, well I don't think that's a military defeat. That is more of a -
Russ: A political -
John: Political defeat 'cause they wouldn't let the troops go into -
Russ: Right, they had rules.
John: They had too many rules, yeah.
Russ: Yeah, too many rules and rules don't work in war.
John: No, no, they don't. The purpose of our armed forces is to kill people and break things.
Russ: Right.
John: And the minute you start putting well, rules on how you kill people and rules -
Russ: We can only kill 'em if they're shooting at us.
John: Yeah.
Russ: Yeah. If they're not shooting at us we can't kill 'em.
John: I know, right. So anyway, but we digress. Okay. But this is why you don't want the government running anything. You've heard about the stimulus program.
Russ: Oh have we, yeah.
John: And it's been recently discovered that there have been like 3,700 recipients of stimulus funds who also actually were awarded $24 billion in stimulus money. That's a lot of money.
Russ: Yes, it is.
John: But they also owe the government a little over $750 million in taxes.
Russ: Whoa.
John: Yeah. So I think if you're gonna get government money you should at least be paying your taxes.
Russ: Well maybe that was the idea. Hey, we can collect some taxes now on these people if we give 'em some money.
John: Yeah. I don't think they're that smart.
Russ: Well they probably still didn't pay their taxes.
John: No, they probably didn't even know about it. You'd think they coulda' done a little cross-checking with the IRS. Hey, we're gonna give this guy - but you wonder why the national debt's so high and why the stimulus money is such a boondoggle, this is one of the reasons. It's not the only reason, but I think it's a dumb -
Russ: That's just terrible.
John: I think that qualifies as a dumb moment, don't you?
Russ: I totally agree. Alright. Before we wrap up this morning's School of Business, it's time for the very popular PKF Texas entrepreneur's playbook. Alright and that wraps up this morning's School of Business. Stay tuned in for our interview with Glenn Franson, co-founder and CEO of Massage Heights and that's gonna be followed by our discussion with Stewart Skloss, founder and chairman of Para Vida Tequila Company. You're listening to the Businessmakers Show heard here and seen online at thebusinessmakers.