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	<title>The Virtual Capitalist</title>
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		<title>The Virtual Capitalist</title>
		<link>http://virtualcapitalist.wordpress.com</link>
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		<title>Recession Tip #284: Your Client&#8217;s Poor Metrics are Your Problem</title>
		<link>http://virtualcapitalist.wordpress.com/2009/05/13/recession-tip-284-your-clients-poor-metrics-are-your-problem/</link>
		<comments>http://virtualcapitalist.wordpress.com/2009/05/13/recession-tip-284-your-clients-poor-metrics-are-your-problem/#comments</comments>
		<pubDate>Thu, 14 May 2009 04:48:45 +0000</pubDate>
		<dc:creator>meckleys</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://virtualcapitalist.wordpress.com/?p=6</guid>
		<description><![CDATA[I wish I could have explained things this well when bearing bad news to some of our vendors who got the budget axe this year. Seattle Entrepreneur Derek Preston explains that when customers go into survival mode, cutting any budget item they can, the customer&#8217;s inability to show results from an expenditure right now, in [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=virtualcapitalist.wordpress.com&amp;blog=5861476&amp;post=6&amp;subd=virtualcapitalist&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>I wish I could have explained things this well when bearing bad news to some of our vendors who got the budget axe this year.</p>
<p>Seattle Entrepreneur Derek Preston explains that when customers go into survival mode, cutting any budget item they can, the customer&#8217;s inability to show results from an expenditure <em>right now, in dollars to the bottom line</em>, means that vendors can find themselves out in the cold even when their product or service offers considerable long-term value. It&#8217;s the customer&#8217;s loss in the long run, but it&#8217;s the vendor&#8217;s problem today.</p>
<p>This point hit home, recalling several strategic budget items I found slashed this year as budgets tightened all around:</p>
<blockquote><p>The fact that your internal champion at an account loves your product and thinks it’s valuable won’t be enough when corporate finance comes-a-callin’ to slash costs.</p></blockquote>
<p>I&#8217;ve been that internal champion and felt the pain, although it was our vendor&#8217;s bottom line that took the hit. <a title="It's not your fault, but it's your problem" href="http://www.npost.com/2009/05/04/its-not-your-fault-but-it-is-your-problem/" target="_blank">Read the full post at nPost</a>.</p>
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			<media:title type="html">meckleys</media:title>
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		<title>Top Ten Lies of Marketers</title>
		<link>http://virtualcapitalist.wordpress.com/2009/05/13/top-ten-lies-of-marketers/</link>
		<comments>http://virtualcapitalist.wordpress.com/2009/05/13/top-ten-lies-of-marketers/#comments</comments>
		<pubDate>Thu, 14 May 2009 04:31:10 +0000</pubDate>
		<dc:creator>meckleys</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://virtualcapitalist.wordpress.com/?p=4</guid>
		<description><![CDATA[&#8220;How can you tell if a marketer is lying? His lips are moving.&#8221; I work in marketing, and I&#8217;d jump to the defense of at least a few of my compatriots were they so accused&#8230;but I&#8217;ve certainly seen enough bad apples in the business to understand the sentiment behind that quote. Guy Kawasaki lists the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=virtualcapitalist.wordpress.com&amp;blog=5861476&amp;post=4&amp;subd=virtualcapitalist&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>&#8220;How can you tell if a marketer is lying? His lips are moving.&#8221;</p>
<p>I work in marketing, and I&#8217;d jump to the defense of at least a few of my compatriots were they so accused&#8230;but I&#8217;ve certainly seen enough bad apples in the business to understand the sentiment behind that quote.</p>
<p><a title="Guy Kawasaki's Top Ten lies of marketers" href="http://blog.guykawasaki.com/2006/04/the_top_ten_lie_1.html" target="_blank">Guy Kawasaki lists the top ten (actually twelve) lies of marketers</a>, which I post here as a token of my hope of a more accountable and metrics-driven future for our noble profession.</p>
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			<media:title type="html">meckleys</media:title>
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		<title>Welcome</title>
		<link>http://virtualcapitalist.wordpress.com/2009/04/07/welcome/</link>
		<comments>http://virtualcapitalist.wordpress.com/2009/04/07/welcome/#comments</comments>
		<pubDate>Wed, 08 Apr 2009 06:05:28 +0000</pubDate>
		<dc:creator>meckleys</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://virtualcapitalist.wordpress.com/2009/04/07/welcome/</guid>
		<description><![CDATA[Welcome to my blog collection of links to good reading material on the world of startups and venture capital. Look for more links and eventually blog posts!<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=virtualcapitalist.wordpress.com&amp;blog=5861476&amp;post=3&amp;subd=virtualcapitalist&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Welcome to my <span style="text-decoration:line-through;">blog</span> collection of links to good reading material on the world of startups and venture capital. Look for more links and eventually blog posts!</p>
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