When I first heard Macklemore’s “Thrift Shop,” I knew it was going to be a massive hit (it probably already was, and I was just late). I’m no pop music genius, but how can a song with such a ridiculous beat and hilarious lyrics not succeed? While I don’t know this for sure, I have to imagine the song, which ended up at #1 on the Billboard Hot 100, has to have meaningfully improved the thrift store business. Now I had always associated thrift stores with non-profits, but today I learned that isn’t always the case. Take Savers for example. They’re a Bellevue, WA based chain of retail locations that aims to “provide [their] customers with the best selection and shopping experience of any thrift store in the world.” They might even be the stores that Macklemore shops in, considering that he’s from Seattle.
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One of the best parts about having a significant other is discovering embarrassing moments from his or her past. While my greatest find is the Cosmo cover with my wife’s 4 year old, lipstick smeared face and the headline “How to Attract Men Like Crazy,” a close runner up is the recruiting video that she sent to college volleyball coaches. Her mom shot it with the family camcorder, and it starts with a cheesy opening like “Hi, my name is Amy Gordon, and I want to play volleyball for your team (thumbs up).” It’s priceless, though I shouldn’t make fun considering that this video helped her get recruited to Cornell’s volleyball team–and that’s how we met. College sports recruiting has come a long way, and now most of it happens online. National Collegiate Scouting Association is a Chicago, IL based company that “was founded in 2000 to help student athletes and their families navigate the cutthroat, competitive, and often confusing world of college recruiting.” While they may sound like a non-profit, NCSA is a for-profit business that has seen tremendous growth over the last decade.
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I’ve been dabbling in social media marketing since social media became a buzzword. I’ve typically been disappointed by the results. I’ve learned that it’s harder than it looks (and that most people don’t want to be social about their job search–which is why we built GIF Me a Job). The prospect of having millions of people telling their friends how awesome you are is pretty tempting, but it’s just not going to happen for most businesses. There are certainly exceptions, and many of them are major brands. When you already have millions of customers, it’s a lot easier (but still really hard) to truly engage them through social channels. SocialCode is a Washington, DC based “social marketing solutions provider” that “builds targeted communities, engages those audiences and converts them to customers and evangelists for leading global brands.”
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I have a platonic man crush on Ramit Sethi. I’ve pretty much been stalking him since 2007 (when I started ODOJ) by subscribing to his blog, signing up for his e-mail list, reading his book, poring over his Delicious links, and buying one of his courses. We even met in person once. It was in the lobby of a trendy W hotel waiting for him, and when he walked up I played it cool by slamming my head into some stupid lamp that was hanging over the lounge chair that I was sitting on. Why am I so obsessed with some random Indian dude who is only a couple years older than me? Because he has built an amazing business that helps people achieve their career and financial dreams. I tend to gag at most of the advice that I hear from “career experts,” yet when I see something come from I Will Teach You To Be Rich (Ramit’s company–he used to have to reiterate that it’s not a scam because the name sounds so questionable), my eyes get all dreamy and I just start nodding in agreement. I occasionally even yell “YES!” at my computer.
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Yesterday we took a look at View The Space and how they’re changing the commercial real estate business. Today we’re going to talk about the kind of real estate that you’re more familiar with: residential real estate. While I was looking for a new apartment, I did most of my searching online (though walking around the neighborhood that you want to live and looking for For Rent signs is an underrated tactic). While Zillow was my preferred searching tool, I ended up on Trulia a lot. In case you’ve never used it, Trulia is a site that “displays more than 4.5 million real estate and rental listings nationwide.” The company is based in San Francisco, CA and also has offices in New York, NY and Denver, CO. They’re only about 9 years old, but they’ve grown to nearly 500 employees and are already publicly traded.
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When I was a kid, a magazine subscription was one of the best gifts that you could get me (especially to Beckett Baseball Card Monthly). I loved the excitement of receiving mail, and I loved the magazine format. Today the only magazines that I receive in the mail are the ones that come free with memberships. Almost all of my content consumption is digital now, but that doesn’t mean that the magazine is dead. Issuu is “the world’s fastest growing digital publishing platform.” The company is based in Palo Alto, CA, but they also have a significant presence in Copenhagen, Denmark (focused mostly on design and engineering). Issuu’s goal is to change the publishing industry by “making it a more democratic, colorful and free place to be.”
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Yesterday we looked at Institute for Educational Leadership, one of a seemingly endless number of non-profits devoted to improving educational outcomes. Education seems to be one of the most worthy and, as a result, pursued causes, but I think poverty reduction has to come in number one. Project Concern International is a San Diego, CA based international development non-profit that works to “prevent disease, improve community health and promote sustainable development worldwide.” The core idea behind PCI is that they identify areas with the greatest need and then deliver help in a way that can have lasting community impact.
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The last time that I picked up a hard copy newspaper was because I was in it. I consume almost all of my news online, and I don’t even have much loyalty to a particular source. I guess it’s people like me who have ruined the news business, but I’m not going to change. The news businesses that adapt and innovate are the ones that have the best shot of being around in a decade. Digital First Media might be one of them. They are a New York, NY based group of companies that has more than “800 multi-platform products” that reach “61 million Americans each month across 18 states.” They’re still all about the news, but they realize that an outlet can only continue to put out quality content when it is backed by a solid business.
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I have a simple personal investment strategy. The majority of my time, attention, and money goes back into this business. Most people think that investing is about buying financial instruments like stocks, bonds, and options. That can be a part of it, but it’s really about putting your resources to work for you. At this stage in your life, you should be investing in yourself as much as possible (since you’ll be reaping the returns for the next 70 years). Once you get a bit older, you can take a more traditional approach. That’s what Bailard specializes in. They’re a Foster City, CA based “employee-owned investment firm that has served institutions and private investors for over forty years.”
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As a job or internship seeker, you’re constantly being assessed. It doesn’t matter whether you’re in an interview or meeting someone new in an informal setting–when you identify yourself as someone who is looking for a position, people start sizing you up. The problem is that most people (even the ones who make hiring decisions) aren’t all that great at parsing the information that you give them. It’s almost comforting to be evaluated in a more formal process (like school). That’s what PeopleAnswers offers employers. They’re a Dallas, TX based company that has developed a “web-based assessment tool [based on] proven and validated Industrial Psychology principles to extract the Behavioral DNA® from both job applicants and existing employees to provide an unprecedented level of insight into their future on-the-job capabilities.”
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I downloaded my first MP3 from an AOL chat room. I was an extremely early adopter when it came to “file sharing,” but after the lawsuits started and some of my favorite services were shut down, I gave up. Torrenting became all of the rage, and I missed the boat. I’ve heard a lot about BitTorrent, but I never realized that they are a real company with more than 100 employees. They’re based in San Francisco, CA, and they are “passionate about building a better, smarter Internet through distributed computing.” That may sound like an unattainable mission for such a small company, but it’s not. BitTorrent’s protocols account for 20-40% of the Internet’s traffic, which means that the company has a ton of influence..
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Last night we celebrated my fiancée’s cousin’s ninth birthday. I found out that his latest interest is professional wrestling, so I spent most of the night body slamming him into a beanbag chair. I’m no wrestling connoisseur, but I know a few moves–it was just about the best birthday present I could have given him. When I was growing up, it was a semi-open secret that professional wrestling was stage. Now it’s fully acknowledged. If you want the real stuff, you go to Ultimate Fighting Championship, a company that “revolutionized the fight business, and today stands as the world’s leading MMA promoter.” UFC is based in Las Vegas, NV, and has developed from a fringe sport that got its start in the early 90s to a mainstream sport that gets coverage on ESPN. The story of how UFC went from being outlawed in most states to being widely accepted is fascinating, which is why I highly recommend that you read the Wikipedia article on UFC. It’s a long story, but it will give you insight into both politics and business.
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I use a credit/debit card for almost all of my purchases. It makes it extremely easy to track where, when, and how I spend my money. I actually get annoyed when I have to pay cash. Unsurprisingly, I’m not the only one who likes to collect data on my purchases. Pretty much every business that could potentially sell me something would love to have more data about me. Datalogix is a company that collects that data. They are based in Westminster, CO, and they “leverage the power of purchase-based audience targeting to drive measurable online and offline sales.” They started by collecting offline purchase data, but now they’re mixing that data with online, direct mail, e-mail, and mobile. That’s an amazingly powerful combination.
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I’ve mentioned a few times that I’ve been working hard to get in shape for my wedding. So far I’ve lost about 35 pounds while adding muscle. All of my success has come from the Paleo diet and a personal trainer. I like sticking to the basics when it comes to health, but some people are looking for an answer in a bottle. NutraClick provides such answers. They are a Boston, MA based natural products company that builds “brands by developing winning products and leveraging the power of online marketing to drive offline demand.” So far they have products in Sports Nutrition, Natural Health, Age-Specific Skincare, and Beauty (with a side of social selling), and I’m sure more are on the way.
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Right after I graduated college, I started investing in the stock market. I’ve more than doubled my money since then, which means that I made some pretty good decisions. One stock that I was considering at the time was CWTR. It was around $45 back then, and I thought that I had a few good reasons to believe that the stock would go up from there. Luckily, I didn’t buy. The stock is now at less than $4 per share–and that’s after a 4 for 1 reverse stock split. I’m glad that I avoided that -98% return on investment. While Coldwater Creek, which is based in Sandpoint, ID (with a design center New York, NY), has certainly struggled over the past 6 years, that doesn’t mean that you should overlook the potential opportunity. The multi-channel “specialty retailer of women’s apparel, jewelry and accessories” started as a one-room mail order business. They obviously had an amazing growth period that took them to going public, and now it’s time for them to get back on track.
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I made a big mistake in sixth grade. I decided to take French instead of Spanish. In the time since, the Spanish speaking population in the United States has skyrocketed, while whether the French speaking population has grown or shrunk is pretty much irrelevant. Here’s a stat that tells you all that you need to know: almost 10% of all U.S. based Google searches are done in Spanish. Bilingual marketing is becoming a huge business, and we all know that local marketing is already huge. YaSabe is a Herndon, VA based company that is brining the two together. They are “committed to connecting businesses, Latino culture, and community allowing users to be ‘in the know’ and confidently make choices about how and where to spend their time and money.”
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My soon to be wife and I are planning on moving to a new place in July, which means that we’ve been spending a lot of time on real estate websites. One thing that I’ve learned in the process is that many real estate agents have no idea how to use the Internet. The web is an amazing medium for showing off a property, yet time after time I come across terrible listings for really nice places. Why would you make the first photo in the slideshow of the bathroom? I have no idea, but real estate agents do it all the time. Apparently, they need all of the help that they can get, and that’s exactly what Market Leader offers. They’re a Kirkland, WA based company that provides agents with “tools to effectively generate, manage, and close more transactions.” They even go so far as to guarantee leads for their clients.
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My first bike was red and had a banana seat. My second bike was a black and grey Huffy that was far cooler in the eyes of a 7 year old boy. After that I won a green “mud slinger” in a raffle. It was even cooler, but it still wasn’t a real bike because it only had one speed. I got my first real bike in 5th grade. It was a green Trek Antelope 800 with 18 speeds. I loved it and rode it all the time for the first few years I owned it. I eventually stopped riding and haven’t owned a bike since, but I still have a strong positive association with Trek. The company is based in Waterloo, WI and has been pursuing a mission to “build the best bikes in the world” since they were founded in 1976.
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I used to be perfectly happy to shop at a regular grocery store–I even got annoyed by the fancier stores. As I’ve gotten more yuppified, that has completely changed (it’s actually because I’ve learned to cook). Now I go to Whole Foods for produce and local specialty stores for meat and fish, but most people still do all of their shopping at a single grocery store. These are the kinds of people that big brands want to reach with marketing messages. MyWebGrocer is a Winooski, VT based company that makes that happen. They provide “leading-edge eCommerce and eMarketing solutions to the grocery and consumer packaged goods industries” including solutions like “website design, specialty modules for websites, hosting, sophisticated email strategies and consulting services.”
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One of my favorite tools for company research is CrunchBase. While it isn’t typically all that detailed, it’s a great way to get a quick overview of many privately held companies–especially startups. Just the information on investment rounds is insanely valuable to me, but it’s far more valuable to entrepreneurs seeking capital and venture investors. They need to know what’s going on in their industry, and CrunchBase doesn’t go deep enough. There’s a site called ChubbyBrain that tried to build a similar, but deeper database, but it doesn’t seem to have worked out. However, that team is now behind a company called CB Insights, which is based in New York, NY and “helps you track the world’s most promising private companies, their investors, their acquirers and the industries they compete in.”
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I first learned about the “subscription gift box” when I profiled Birchbox in mid-2011. Since then the subscription business model has gained a ton of momentum with companies like Beachmint and Quarterly offering different takes on a similar idea. Glossybox is pretty much the same take on the same idea. They’re a New York, NY based company that offers subscription boxes with “exclusive cosmetic samples and perfume samples from the best makeup brands online.” The company is a Rocket Internet venture, which means that the Samwers are behind it. They are brothers who have a reputation for cloning American startups and bringing them to International markets at an insane pace (just look at Rocket Internet’s portfolio companies to get an idea of the scale on which they operate). Glossybox has been around for just about 2 years, and they’ve already raised more than $70 million and shipped more than 2 million boxes.
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I’ve only purchased one car in my life. I barely used the Internet (mostly because it wasn’t all that helpful for buying cars in 2001), and I got an ok deal. I know a lot has changed in terms of buying cars over the past decade (just look at what TrueCar is doing), but Edmunds has been along for the ride since well before the Internet was invented. The Santa Monica, CA based company was started in 1966 “for the purpose of publishing new and used automotive pricing guides to assist automobile buyers” and they’ve continued to become “one of the most beloved and well-known automotive resources of the 21st century.” If you’re looking to do some research before buying a car, Edmunds is the place to go.
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One Day One Job is hiring paid Growth Interns/Apprentices/Hustlers! Help us help more student find their dream jobs.
I like to keep tabs on the venture capital market. While I have no intention of taking outside investment, I enjoy reading about entrepreneurship and where people are seeing new opportunities. But that’s not the only reason. When companies get funded, it’s often for the purpose of hiring new people. So when I hear that a company just took a new round of investment, I know that there’s a good chance that new positions popping up on their Careers page. TechCrunch usually goes deep enough for my purposes, but people who are in the industry need much more in-depth information. That’s why go to PitchBook, a Seattle, WA based company that provides “clients with the highest-quality PE and VC data, news and information, with an acute focus on deals and companies.”
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One Day One Job is hiring! Learn more here.
Personal finance and the job search go hand in hand. There’s plenty that you can do to get your financial life in order before you start working, but you can’t really start taking control until the paychecks start hitting your bank account (even though that’s probably the most tempting time to lose control). As I’ve learned from Ramit Sethi of I Will Teach You To Be Rich, personal financial success is about behavioral change, and changing your behavior is hard. That’s why I was intrigued to learn about a “financial wellness” tool that was designed with the help of behavioral economists. The company behind it is called HelloWallet, and they’re based in Washington, DC. Their goal is to “boost the wealth of workers by democratizing access to honest financial guidance – something only 20 percent of Americans have access to today.”
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This morning I was about to buy something but changed my mind because the checkout process was too annoying. While I probably shouldn’t be so lazy, that should never happen. E-commerce software is a solved problem. Why would a retailer invest in building their own proprietary site when they can license it from a provider like Demandware? They’re a Burlington, MA based company that offers an “enterprise-class cloud commerce platform” that powers “more than 150 retail brands across more than 575 sites around the globe.” If you regularly buy stuff online, you’ve almost certainly come into contact with Demandware’s platform. You probably had no idea, and that’s just how Demandware wants it.
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Once or twice a year I’ll come across an opportunity that is so outstanding that I’d almost consider applying. When I saw a post on Facebook saying that the group behind Alinea, Next Restaurant, and The Aviary is looking for an intern, I dropped everything and checked out the posting (though I’m sure whatever I was doing on Facebook was obviously extremely important). I follow the Alinea and Next Restaurant accounts on Facebook because doing so gives you an inside edge on getting tickets. Yes, they sell tickets for a dining experience, and they usually sell out within hours. That tends to happen when one restaurant (Alinea) is the undisputed best restaurant in Chicago, IL and arguably the best restaurant in North America, and the other (Next Restaurant) offers one of the most exciting new concepts in fine dining. And then there’s the Aviary, a place that has transformed the cocktail into fine art.
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Right now I’m in the process of getting some of my friends together to coordinate my bachelor party. I have less than zero interest in the traditional approach, so I’m looking for some good outdoor activities for a bunch of dudes. We haven’t decided where we’re going yet, but ideally we’ll rent a house instead of staying in a hotel. One of the best places to find vacation rentals is HomeAway. They’re an Austin, TX based company that offers “the world’s leading online marketplace of vacation rentals, with sites representing over 711,000 paid listings of vacation rental homes in 171 countries.” I figured that VRBO.com was their biggest/most similar competitor, but it turns out that they own them. I guess maybe the biggest competitor is Airbnb then, though they serve a slightly different market (more apartments fewer houses).
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Read our latest article that uncovers a potential internship scam.
I often tell people that I don’t like sandwiches. The truth is that I don’t like bad sandwiches, so most sandwich chains are out for me. The only one that I’ll somewhat regularly eat at is Potbelly Sandwich Shop. It’s hard to beat one of their Meatball sandwiches with an Oreo milkshake. I’d never heard of Potbelly until I moved to Chicago, IL, which is both where they’re headquartered and where they got their start. The first store opened in 1977, but it wasn’t until 1996 when Bryant Keil bought the store that they started expanding the business.
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If there’s a holiday without an identity, it has to be President’s Day. A lot of people don’t even get the day off any more, and the only other thing to get excited about is getting a deal on a car or mattress. If you know how to shop, you usually don’t have to wait for these “once a year” sales. In fact, buying a car is becoming a lot more straightforward because of companies like TrueCar. They’re based in Santa Monica, CA, and they offer a “hassle-free car-buying experience from a nationwide network of certified dealers.” By putting data to work for car buyers, they’ve information asymmetry that dealers have used to their advantage for so long. In fact, TrueCar’s data and network are so good that they’re able to guarantee savings.
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When I was a junior in college, I broke my wrist. It was actually a lucky break because it healed completely… and my pathetic inability to cut my own food attracted a lovely lady whom I’ll soon be marrying. Still, the medical care that I received was abysmal. It started when the orthopedist told me that he didn’t remember if he could cast me before sending me for a CAT scan (that’s your job dude), but the most frustrating part was when I went to get follow up X-rays to see if the fracture was healed. I ensured at least four times that they were sending the X-rays to my doctor at home who I felt was more qualified to look at them. After waiting a few weeks for my doctor to get back to me, I followed up and he told me that the hospital never sent the x-rays (they just put them in a file). I called the hospital, and they told me that I had to drive over to sign a release so that they could send them to my doctor. Face meet palm. A lot of people’s frustrations with the healthcare system can be solved with technology, and that’s exactly what Practice Fusion is doing. They’re a San Francisco, CA based company that provides “a free, web-based Electronic Health Record (EHR) application to physicians.”
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