Why we LOVE Lori Greiner, the Queen of QVC!

Image

We made a shark hat for the Queen of QVC when we shot our Shark Tank segment back in September, Lori posted this on a social media a few days ago….

Watch our segment when it airs on ABC January 17th, 2014. Our awesome team in Southern California, led by Thomas Ryan, got together to twist over 2,000 balloon shapes for the segment.

Here at BD we are big Lori fans, she is always a class act, she treats everyone with respect and she is proof that being NICE does pay off!

Benjamin T. Alexander

March 2014

Now money vs. FUTURE money.

Image

Written by Ben Alexander

When you trade dollars for hours you are working NOW for income NOW.

You are limited to 24 hours per day, so your income is limited as well in this scenario.

If you build a business you will not be paid hourly, and you may not see a profit or payback for weeks or even months…. but IF you design your business the right way it will create income for you far into the future.

As long as your business uses a TEAM you are building FUTURE money that will be generated when you are asleep, out of the country, drunk, or on a date with your spouse.

( Or any of those four combined !)

Of course, if you spend all your time on FUTURE money you may not have enough to pay your bills today, so there has to be a smart balance.

When you are young and broke you need to spend enough time on NOW money to meet your basic needs, but should also spend some time on FUTURE money that will pay off down the line. IF you earn more than you spend you can invest the extra and turn NOW money into FUTURE money.

If you take on debt you are deducting funds from your FUTURE money.

Getting a decent college education is all about FUTURE money, dropping out of high school at 15 years old to work at Taco Bell is all about NOW money.

Poor folks work for NOW money, usually because that is what they have learned from the other poor people they have lived and interacted with over the years. 

When I started Balloon Distractions in 2003 I needed to earn at least $300 a week in tips, so I went out to restaurants in Tampa and filled gigs a couple of nights per week. During the day I would sell new clients and train new balloon artists. Within a year the tips became a much smaller percentage of my overall income.

If you spend time to train someone in your business you are creating Future money, if you do the job yourself because “no one can do it better than me” you are working for NOW money.

At Balloon Distractions we’ve designed an online training interface so that our team can learn how to grow the company without my presence.  If I go into a coma today my company has the systems in place so that when I wake up in 2020 it will be larger by a magnitude of 4 or 5.

At this point in my life all my expenses are covered and I spend almost 99% of my work time on building FUTURE money.

Mainly this involves working to recruit new Regional Partners in order to place Balloon Distractions crews in every city in North America with over 100,000 people.

277 cities in the USA meet this criteria…. and we only do business in less than 35 of those. 

Even taking time to write this essay may result in FUTURE money because someone online  might read it, get interested in my business, and decide to join my team, you never know! 

My personal goal is to be worth $10 million by my 50th birthday….. and I’ll only reach that by focusing like a laser beam on FUTURE money.

Even if I don’t get to 10, I might get to 6 or 7 million, and that would not be too bad.

Which type of money are you focusing on today, this week, right now?

 

Really cold water.

Written by Ben Alexander in 2011

Some people are born with a genius-level IQ, these rare folks can fathom college-level calculus and play the violin while still in grade school. Not me. I’m stuck with the dull gray matter I was born with, so I’m doing my best to maximize my mental effectiveness.

Every morning around 8AM I’ll hit the pool for a cold swim… the pool in our development is NOT heated.

For the swim all I’ll need is earplugs, goggles, a swimsuit and a Timex watch to measure my time in the water… and a bunch of crazy determination. The water was a tad colder a few weeks ago when I started doing this, about 50 degrees. It will be just over 60 degrees tomorrow, and I’ll stay in the water about 30 minutes.

There is a strange relativity to exercise that reflects back upon your everyday life: when you conquer a physical challenge early in the morning it seems as if everything ELSE that you have to tackle that day feels easier.

You really never know how much you can do until you just go out and try it. 

Swimming in cold water does many things at once: burns tons of calories quickly, gets the blood pumping and focuses the mind on a singular task. It takes a certain level of personal discipline to get in cold water in the first place, yet once you get in and start swimming it feels pretty good.    

I have a very ambitious agenda on the table for the expansion of Balloon Distractions and I need to be at the top of my game as we implement these big changes. My crazy exercise routine grants me clarity, and I need it now more than ever. 

 

Tools of the trade...

The apple does not fall far from the tree….

Image

written by Ben Alexander

Next month my oldest daughter Claire turns 16. When I started Balloon Distractions she was only in kindergarten, she’s been there all along from Balloon Jams in our living room to expanding this across the entire country. Many times Claire and her sister Grace went with me to restaurants to train new artists, and they’ve been there all along when my wife and I have discussed business challenges across the dinner table.  

There are a handful of event gigs that I’ve been doing year after year, Claire has been going along with me as my “apprentice twister”. She’s wonderful with children and very good at handling people in general so I’m getting her ready to rock some restaurant gigs once she’s mastered a few more shapes.

My youngest daughter Grace has ZERO interest in doing this, so I’m glad Claire has stepped up to the plate. I don’t want to push them, I’m just glad to spend time with Claire, she is a joy to work with.

We’ve been in business 10 years already so it makes sense that we will still be around in another 20 or 30 years. I think Claire has some natural leadership talents that could lend themselves well to helping me lead this company, not just in the United States but internationally as well.  

At the same time I don’t want to be the type of business owner who promotes his child just because of blood, Claire will have to prove herself at every level.

As a parent I’m doing my level best to make sure both my daughters get a solid academic foundation that opens many doors to them, whether in business or elsewhere.  

 

Spinning Plates!

Lots of plates spinning….

 

Image

written by Ben Alexander

I learned earlier this week that Balloon Distractions’ segment on Shark Tank is going to air on January 17th, 2014 … at the same time my parents are traveling to Florida to visit for the holidays I have to rent out this little house I own in Tampa.

I bought it in 2004 for about 58K, and its been rented out continually since then… when my last tenant left in July I put it up for sale on the market for 50K, but I keep getting ridiculous offers for well below that. So I’m going to rent it for another year or 2 and try to sell it again in 2016. I guess, who knows.  

I’m cleaning up the house and getting ready for the holidays…. the tree is up, the lights are hung….  

I’m also traveling to Ocala once a week to recruit and train college kids, stay at home Moms and military veterans on my team up there. Right now we are in a recruiting push to add at least 20 new regions in 2014. I have no idea who will find us as a result of the national exposure on Shark Tank, but I’m positive it will be good for our business.

I love military veterans, they work really hard, know how to follow standard operating procedure, and they have a very teachable manner that makes them a joy to do business with.

If you just retired from the military and you are looking for your next chapter let’s have a conversation!

I’m still looking for the magic formula that will get my idea in all 200 markets around the United States, if you are reading this and would like to develop a region with us (or maybe just twist balloons for a couple hundred $$ per week) shoot me an email and we’ll take it from there:

BenAlexander@BalloonDistractions.com

Going on Shark Tank, January 17th 2014

sharktank

Back in September we shot a segment for ABC’s Shark Tank at the Sony Studio lot over in Los Angeles. This segment is scheduled to air on the ABC network Friday evening January 17th, 2014.

With teams all over the USA we knew that we would get a ton of national exposure by appearing on the show, but with over 30,000 applicants the competition to get on was ridiculous.

Balloon Distractions made it onto the show on the merits of our unique idea and the highly visual nature of what we do.

If you want to see whether the Sharks tore us to pieces (or not) tune in on the 17th!   

 

Systems and Complexity.

I’ve been reading books on soil microbiology, capitalism and the growth of railroads from 1850 to 1900 and (last but not least) a book by Kevin Kelly on the evolution of technology in the last 50 years. All three books have a common underlying theme: through the use of well developed systems  a problem is solved with sublime balance and simplicity.

All three books are really about evolving systems: from the way protozoa eat bacteria in soil to the way railroad companies organized freight schedules to the progression of technology from vacuum tubes to the modern high speed internet. The evolution of technology is by far the most rapid of all three because modern progress is continuously becoming a more complex and interwoven system. Case in point: an advance in material technology leads to a faster computer processor, which helps a geneticist unravel a viral genome, and from this another doctor figures out how to graft human skin onto a metal prosthesis, which leads to more human-like robots, etc.

Even singing in a choir you need complex systems… taken in pieces the notes are very simple and unremarkable, but when they are combined in the complexity of voices and instruments a complex and multi-level beauty emerges, all from the organization of simple notes on a sheet of paper.  Perhaps this is why so many scientists and engineers are also musicians on the side…..

Inherent in everything is a quiet system at work. Even the words that you are reading right now are a small part of a highly evolved language system that was started 10,000 years ago and continues to develop even to this day.

Language enabled humans to pass along knowledge from one generation to the next, our forebears learned how to make weapons, which mushroom it was safe to eat… or which root would help cure certain illnesses. We are the products of a vast system of oral and written knowledge that has been modified and grown through ten thousand generations.

Look at any form of biological reproduction: from bacterial replication to mammals bearing live young to a dandelion being visited by a pollen-hungry bee. Vastly different in implementation, but the goal of all three is the same.

The most successful businesses use systems internally, and the largest companies on the planet sell systems that help the consumer simplify their lives. All IT companies sell systems, from Apple to Microsoft to Google.

Take a look at the entire world around you, there is a system quietly humming right there in front of your nose, from the orchid blooming on your desk to the swirling electrons and organized binary bits inside your computer that manifest the words on your computer screen.

As technology moves into the Conceptual Age everything will revolve around clever systems designed to solve a problem.

You might invent the next billion dollar system!

Ben Alexander

2010