Tuesday, March 20, 2012

Easy, Free Due Diligence on Potential Service Providers, Clients, Employees

If you are a “glass half-full” person.  Read this carefully.  Dishonest people can be charming, or evasive, or manipulative, but all of them will waste your time or money.  “Trust but verify.”



If you are a “glass half-empty” person, you know to check out potential employees, service providers, investors, clients.  (I've even had friends who are utilizing dating websites ask me to check out people before they get too involved.)  The following list of liars and sources will save you time and reinforce what you naturally do to protect your business and wallet.    
                         

Below are two lists.  One is a list of lies learned from less than three hours due diligence of potential service providers, clients, investors and employees.  The other is a list of free or low cost public websites you can check to save you time, money, and “face.”  If you get a business card, a resume and take notes during conversations, you can ascertain a great deal in less than 3 hours of research, otherwise wasted by “big talkers.”   Some have been shameless liars who have, presumably, gotten away with this before, indicating that a lot of people DON’T do background checks. Think how much time you can save by learning this information early on. 


Preliminary due diligence is like a game.  The goal is to look for anything the person has told you (verbally or in writing, such as a resume) that is invalidated or contradicted in public sources.  If the person lied about something so easily discovered, what else might s/he lie about?  Red flag.  By asking for background information, the message you convey to the person is that it is “time to get serious.”   This can cut time wasted with big talkers.  Your time is worth money.

Monday, March 12, 2012

My First Snow Machine Ordeal (My Husband Loved It)

Bryan was probably as excited about his snow machine (same as a snowmobile in the Lower 48) as with his first tricycle at age 3.  (What is it with guys and powers of locomotion?  Residual memories of being ambulatory hunter gatherers?) When we returned home at 11 degrees outside to a 50 degree cabin and crawled, exhausted into bed with mugs of tea, he said with a sigh of great contentment, “That was a GREAT day.”  Noticing my stony silence, he put on his “attentive husband” voice and asked, as if winding up for a punch line in a comedy, “So which part of you was the coldest?” 
Snowmachine sled with building supplies
for future chicken coop

While Bryan felt like Nanook of the North, Man Merged with Nature, or Whatever, I felt like the Michelin Man on a bad hair day with a runny nose. Even with four layers of socks, pants, tops, and three layers of gloves, I got so cold that I shivered, teeth chattering for many minutes when we stopped at the only restaurant on the river for a mediocre hamburger (after 5 hours of being outside).  When we returned to the vehicle, maybe 30 minutes later, the wheels and tread had frozen up, and Bryan had to lie on the snow with a hammer and tap pertinent points on both sides before we could move.  Altogether, our round trip outing of 84 miles to get 750 lbs of gasoline (about 90 gallons) took 7.5 hours, about the time it takes to fly from Houston, TX to Anchorage, AK. 

I don’t know what heaven looks like, but I know what it feels like:  it feels exactly like the heated bathrooms at Deshka Landing after 3 hours on a snow machine across windy, bumpy terrain.