 Thursday, March 10, 2005

I have not been writing with a lot of thought and content on my blog lately. So for those of you who have been reading my blog the past week, sorry. Life has been so hectic, it has been difficult keeping up.
| 3/10/2005 12:22:04 AM (Eastern Standard Time, UTC-05:00) |
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After a week of inactivity in the first Sloan Trading Competition, I finally made my first trade on Monday. So far, I am not doing too badly. With $1 million virtual money available, I made over $20k in 3 days. Of course, this is fantasy money, right. However, the number 1 ranked team in the competition has made a whopping $750k in less than 2 weeks. Wow!!!
On other fantasy news, Yoav just invited me to play in the NCAA tournament pool with other classmates. Oh yeah, I will be trash talking all the way to championship.
| 3/10/2005 12:21:05 AM (Eastern Standard Time, UTC-05:00) |
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 Wednesday, March 09, 2005

Wow, I spent the past 2 nights working on the ERBA
assignment in the LFM-SDM office. Once again, the usual suspects were
there working on the problem set in groups. Teamwork is critical to
one's success and sanity in the SDM program. But one particular person
stands out from the crowd. Spiros the Greek was long done with his
homework assignment and has no incentive of being there but he didn't
seem to mind as helped others with their ERBA
homework. For this, I applaud Spiros for his generous assistance to his
fellow students. And Spiros, I owe you a beer for helping me with
question 2c.
| 3/9/2005 1:54:00 AM (Eastern Standard Time, UTC-05:00) |
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 Sunday, March 06, 2005

The weekend has been relatively uneventful. I spent most of time
working on administrivia stuff like designing business cards, writing
emails, etc. Fortunately, John and Jake (aka Kodak) were willing to
hang out with me at Toad
for some live music. Besides its excellent beer selection, you never
have to play cover at Toad despite its outstanding lineup. Last night
band was good and their music style is akin to that of the Ramones.
Speaking of music, I have been listening to early 90's music
reminiscent of happier times of my undergrad years. My favorite music
genre back then was Hair Metal and Alternative Rock. Looking back, it
was a pity that Alternative Rock killed Hair Metal. Anyway, here are
some of the albums I have been listening to in the past week.
- Surfer Rosa by the Pixies
- Doolittle by the Pixies
- Dirt by Alice in Chains
- Siamese Dreams by the Smashing Pumpkins
- Appetite for Destruction by Guns & Roses
- Incesticide by Nirvana
- Favorites by Enuff Z'nuff
- For Unlawful Carnal Knowledge by Van Halen (Note that the initials of the album title has a smirking message)
- Ten by Pearl Jam
- Long Cold Winter by Cinderella
| 3/6/2005 10:05:13 PM (Eastern Standard Time, UTC-05:00) |
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 Friday, March 04, 2005

For every Friday in the last month, I have raved about how great 15.840 - Innovation in the Marketplace (Seminar in Marketing) is. Today's marketing class was both long and boring. I thought the 3-hour theme of the class can be summed up in one sentence: provide your users (customers) with a toolkit so that you can outsource your company's R&D and market research to them. Come to think about it, isn't this what open-source is about? That is innovation through the sharing of intellectual property. Hmmm... Interesting.
The debate on ERBA rages on again today. A survey was constructed to get feedback from students on how they feel about ERBA. But here's the question, is a survey a meaningful survey (as some has claimed) if its questions are biased against the class? Well, probably not, but it ultimately ignited a flame war in cyberspace. I personally think that the use of the survey was really a bad idea. But since I am part of the ERBA agnostic minority, I am staying away from further revolt and discussions on the issue. My advice is work smart as opposed to working hard, make studying ERBA a team effort, get on with it, and be glad you get slaughtered by ERBA (or math) while you at MIT.
| 3/4/2005 9:45:22 PM (Eastern Standard Time, UTC-05:00) |
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 Thursday, March 03, 2005

The word "networking" often has a negative connotation to many people. Many feel that network is about smoozing and impersonal communication. Since coming to MIT Sloan, I have recognized the value of networking as a powerful career and professional development tool.
I am currently using LinkedIn to build a network of professional contacts to help each other with introductions, job search, and business opportunities. So what is LinkedIn? It is basically a social networking site like Friendster where you network with other people through a common contact. While you put social interests and favorite movies on Friendster, LinkedIn is a site geared to professionals. You see resumes, business interests, and organization affiliations on LinkedIn. If you are job seeker you can either scan for job openings or find out who's hiring from your network. You can also search for business opportunities from your network. Say for instance you want to set an import/export business in Germany but don't know anyone there; you can look up on your network for someone who can help. In fact, one of my classmates got 2 job offers by the 3rd week after joining LinkedIn while a friend of a friend was contacted by someone from his LinkedIn network with business opportunity in his home country.
The membership is free and so far I have not received any spam of any sort from the network. Unfortunately, for some of my friends, I have become somewhat of a spammer. I have been a little insistent on asking my friends to join LinkedIn. So for those of you would have been getting emails from me asking you to join LinkedIn, I apologize for the spam. Nonetheless, I highly recommend LinkedIn and it is a great tool to have if you want to network professionally.
| 3/3/2005 1:25:27 PM (Eastern Standard Time, UTC-05:00) |
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 Wednesday, March 02, 2005

I paid the price of "goofing-off" last weekend as I started working on the assignment from hell - Engineering Risk-Benefit Analysis (ERBA) assignment #4. With 8 hours spent sketching the product concepts for Product Design & Development
the prior night, I was further delayed in working my ERBA homework.
Furthermore, when
the best of minds in class were publicly confessing that they were
having difficulty in doing the homework, I became even more worried.
But being indoctrinated in
the values of teamwork during our SDM orientation, a few of us got
together 12 hours prior to the submission of assignment and put our
minds in solving the problem set. Thanks largely to Matt and Dave,
the collective efforts was a huge success. We completed
the entire assignment, including heinous problem #4, in 9 hours. So
far, much of my experience in team-based exercises at MIT SDM program
has been positive. I am definitely an advocate of team collaboration.
Now, let's talk ERBA. It's not surprising that
the last assignment had generated a lot of impromptu discussion among
my fellow SDM students about the class. Many voiced that there is
little practicality of the topics being taught so far and a few
insisted that the class content was poorly delivered to the students.
My argument for ERBA
has always been that the concepts taught in ERBA help
engineers/managers to make better decisions in systems applications
through the use of probability and statistics. Moreover, how can we
leave MIT without getting slaughtered by Math? But I do agree with John
who argued that the delivery of lecture and recitation has room
for improvement.
I am loving the music from Crowded House and the Finn Brothers even more now that I have been listening to their music since last weekend. Also, with ERBA assignment out of the way, I can finally watch the Daily Show tonight.
| 3/2/2005 5:32:29 PM (Eastern Standard Time, UTC-05:00) |
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 Tuesday, March 01, 2005
Give 1 million virtual dollars to a Sloan student and see how much
he/she can gain in 10 weeks by trading in a virtual stock market. And
that was what I signed up for the 1st Sloan Trading Competition. The
competition starts today but so far, I have not made any trade yet. I
have been a little out of touch with stock trading and with a short
time horizon, none of the "buy-n-hold" strategy works. I think I'll
check with Sloan IS department tomorrow to see if there's any technical
stock analysis tool that is available to students for free.
| 3/1/2005 12:53:15 AM (Eastern Standard Time, UTC-05:00) |
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 Monday, February 28, 2005
 On the school front, things are getting more exciting in Product Design & Development (PDD) as we get into the product concepts phase of our team's semester-long project.
On other news, I have been long-time musical fan of the Finn brothers who are better known as the founding members of the music groups, Split Enz and Crowded House.
So I was delighted when I learned that they will be playing in the
Somerville Theater on March 2. Unfortunately, as hard as I tried, the
tickets to the gig were completely sold out by Saturday. I am very
disappointed and so far my luck in procuring tickets to the shows that
I wanted to see this year has been dismal. Anyway, here is the playlist of my top 10
favorite songs by the Finn brothers.
- Better be Home Soon by Crowded House (Temple of Low Men)
- I Got You by Split Enz (True Colours)
- Private Universe by Crowded House (Afterglow)
- Dont' Dream it's Over by Crowded House (Crowded House)
- Only Talking Sense by Finn Brothers (Finn)
- Distant Sun by Crowded House (Together Alone)
- Recurring Dreams by Crowded House (Afterglow)
- World Where You Live by Crowded House (Crowded House)
- Where is my Soul by Finn Brothers (Finn)
- Last to Know by Neil Finn (One Nil)
| 2/28/2005 11:57:00 PM (Eastern Standard Time, UTC-05:00) |
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 Sunday, February 27, 2005

In my quest to create what I would call the ultimate personal blog site
that I can live with for a long time, has made me jump from one blog
solution to another in the past
month. In order to blog, you either need to have blog software running
on your
web host or utilize some of the commercially available web hosts
available on the Internet. I was using a .NET open-source blog solution
called
BlogX from 2003-2004 on my website but it wasn’t as stable as some of
the more popular blog software like MovableType.
My laziness aside, the lack of good editing tools on BlogX was one
reason why I didn't update my blog for almost over a year prior to 2005. It was only coming to MIT that Matti and especially Yoav profoundly influenced my decision to share my thoughts and life with other people online.
To save time, I decided to use a blog host for my blogging needs a month ago. My first free blog host is Blogger,
which I still high recommend to people who wish to start blogging
online. It was free, easy-to-use, and fast, but I wanted more features,
in particular, category. So I went to Modblog,
which has more features but a lot slower and restrictive on how you can
customize your blog. Along the way, I tried other free blog hosts like My blogsite and Typepad
but none met my needs. My blogsite impose an online ad on every
client's blog, it's ugly but the blog hosting is free (well, sort of). Typepad is cool but it's not
free and it's really not as good as Blogger IMHO. I don't know why I
was so insistent on the feature of using icons along side with blog categories (like slashdot).
Despite the shortcomings of BlogX, I was able to modify BlogX
source code and implemented what I the icon-category feature quite easily. Fed up with the inadequacies
of these free blog hosts, I decided to download the latest version of
BlogX and create a completely revamped blog site on my own website.
When I downloaded BlogX, I was quite surprised to find that BlogX is now under new management by Newtelligence who has done a good job in maintaining the software and the software has now been renamed to dasBlog.
Anyway, I hacked the source code to implement what I want and
completely redesigned my website to come out with what you currently
see the past weekend. There are still bugs and as usual, this project is still a
work-in-progress but I am mighty proud of it. I have managed to transfer my previous blog entries but the timestamp for each blog entry was lost during transfer. So without further ado, may I
present to you Cybersam's blog version 4.0. Suggestions are most welcome.
| 2/27/2005 9:11:28 PM (Eastern Standard Time, UTC-05:00) |
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 Friday, February 25, 2005
We have a wonderful guest lecturer in today’s Innovation in the Marketplace class. He guest lecturer was Ken Morse
who co-teaches the Entrepreneurship Lab course and a class in high-tech
sales. His fame prior to MIT as he claimed at the beginning of the
lecture was he played a critical role in launching 6 MIT-related
high-tech start-ups, which 5 did well. He thought he delivered his
2-hour highly-condensed lecture very well, in which he covered some of
the material from both his entrepreneurship and sales classes.
His one
big tenet that he asserted during his lecture was managers have to
focus about delivering value to customer and be passionate in doing it.
This is especially true for startups and small enterprises because they
can't get funded if they don't have customers. From a sales/marketing
perspective, you need 2 people to play the role of executive manager
and sales/marketing in the early phase of a new enterprise. The
president of the company has to be passionate about delivering value to
the company. The sales/marketing person has to be demanding and cares
about customers, not internal politics. When it comes to sales,
engineers are among theworst. Engineers can demo the products very well
but they can't sell. Your customer, especially the finance guy, wants
to understand payback and risk, not demo or benefits. You have to
explain the Return On Investment (ROI) in less than 1 minute.
Unfortunately, if you look at many of the successful companies right
now, it is good selling strategy that beats superior technology. While
the knowledge on entrepreneurship and selling is valuable, I thought
the most insightful remark from this lecture was his career. If you are
in a "cost center", it's time to move to a "profit center."
The closer you are to the customers the higher the advancement you can
achieve. Simply put, which brings more value to the company - gaining
revenue or saving money?
| 2/25/2005 3:06:53 PM (Eastern Standard Time, UTC-05:00) |
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-
Name:Samuel Chow
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Location:Cambridge, Massachusetts, United States
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