Dot.Com to Dot.Bomb

To be honest, I had never heard of the dot.com to dot.bomb before I took this class. Is that bad? With that being said, I was thankful for the way that professor presented this major technological crisis in a sort of hysterical way by using the plastic dinosaurs. In the 1990s the Dot.com companies started to begin and the introduction of technology and the internet was presented. It was a success and very profitable because of the many new users and members that began to join. Technological advancement was moving at a fast pace as the industry began to keep growing and growing. As a result, new technologies were being created and new companies joined the field. It was up until the year 2000 that there was a major crash that resulted in several companies abandoning the industry. The growth of the industry was questionable because nobody knew how to increase market share. This led to companies going bankrupt because they were no longer getting funds from investors. There was no backup plan or second option. A lot of the employees working for these companies were inexperienced students who did not know how to properly manage funds. People who never managed a business or let alone even worked for a business ever in their life. Yes, some companies were able to rise after this crisis, but it is questionable if companies will be able to keep up with the fast pace of technological advancement. New technologies are being thought of and created everyday and it takes the right and experienced people to be able to keep up with all of it. Is it possible? 

Erik Hanberg

Guest speaker, Erik Hanberg was a very interesting individual to learn about. I learned about what he called “multiplier skills” which are basically skills that a person has and can use to make their lives a little easier when it comes to what they desire to do with their life. These skills could be writing, designing, marketing, persuasion, languages, psychology, conversation, programming, public speaking, etc. The idea is that if you take these multiplier skills and put them online, the skills are amplified even more. Erik Hanberg as well informed the class about his several published books. Some of which include, The Little Book of Gold (2009), The Con Before Christmas (2012), The Little Book of Boards (2014), and The Queen of Neptune (2014.) By the way that he talked about these novels that he’s written you could just tell how passionate he was about them which made me want to look into some of his books and see what they were about. I would most likely read the book, The Little Book of Gold, just because Hanberg said that this book received the highest revenue so it must be pretty good. During our class discussion Hanberg goes on to talk about podcasts and basically why they are so successful. Podcasts have definitely come up in the world and this is because of free downloads, being able to search whatever you may be interested in, wireless internet, cell towers, etc. Personally, I never used to be a podcast type of person, but I have recently gotten into them and they can be very informing. Once again, I really enjoyed our guest speaker and I wish that we were able to have more during this quarter.