Official Richart Ruddie Blog - Internet Entrepreneur

Richart Ruddie Chairman on BLM Pledge

The SEC is asking for commentary on whether or not public companies should take the BLM pledge. The answer is a resounding yes from me. As an entrepreneur who has started numerous companies with a diverse set of team members and continues to fight for greater equality I've found a way to help with effective altruism is to create companies and provide high paying jobs and opportunities for others.

Grow Florida Venture Fund Profile

For my residential development real estate company in South Florida Grow Florida Venture fund with the help and support of the greater broward and fort lauderdale business alliance was kind enough to do a profile for me at: https://flvec.com/richart-ruddie

The Future of Ransomware

Future Feedback From The Wall Street Journal

Last week, The Wall Street Journal reported on the first alleged ransomware death, after a cyberattack at an Alabama hospital. Readers shared their thoughts: "This is the same type of issue other industries have encountered when something was built, say an airplane, using 'old' technology, like conventional landing gear. When the plane crashes on landing, the family sues the manufacturer for not using the latest design. Same with the hospital, if they had not done everything to secure their systems, they are at fault. Perhaps it will encourage others to get their security act together." —Archie Minneman, Florida "As our way of life goes digital, cyber risk has become critical. Ransomware attacks are the most serious form of cyberattacks. A lot is required to be done to ensure critical infrastructure systems are protected against such attacks." —Nimmit Jhaveri, Mumbai "Any patient at this hospital who required telemonitoring should have been transferred to a hospital equipped with monitors and knowledgeable staff. I am a retired nurse practitioner with OB/GYN experience and this baby should have lived." —Marcella Rice, New York I think as ransomware has become a common lunch topic we will see serious action taken by companies who do not protect themselves and leave not only their company vulnerble but put their clients at risk will see hefty fines and regulation that they will have no choice but to go that extra length to secure the best they can. As we all know however it's impossible to fully protect against hackers. - Richart Ruddie, Florida

Best Industrial Design Course Online

Big ups and a shout out to my industrial designer friend and former partner on Protos Eyewear John Mauerillo who just launched his industrial design course and has broken records for this type of course on launch in his first 12 hours. As a phttps://www.industrialdesigntheory.com/rofessor at the California College of the Arts & just being an amazing teacher it's great to see his course take off and received such rave peer reviews. Keep up the great work John!

Course for reference you can check out here: https://www.industrialdesigntheory.com/

Startup Advice

Distribution matters more than product. If you can get your product or service out in this push vs. pull society than you will suceed. How many people talked about Clubhouse even if it wasnt a great product it had great distribution.

Problem

Sales-led models limit adoption.

Solution

Build a product that sells itself. Let users try before they buy.

The freemium model has taken off especially in app ecosystems but certain environments are against free trials and that usually is when you have a sub par product.

Paley Center for Media is the only way to watch Turn-On

The 1969 television show that was canceled halfway through it's 1st ever episode actually had two episodes. It was sponsored by Bristol-Myers which today is Bristol Myers Squibb. You can only find the full episodes at the Paley Center for Media which is temporarily closed but when they open I would be curious to see the footage to understand the hype and reasons it got canceled after only 1 episode. The other show this happened to was in Australia called Australia's Naughtiest Home Videos.

Source: https://www.paleycenter.org/

Reflecting Back on 9/11 20 years ago from Owings Mills

You always remember where you were when you heard the news about the twin towers. That's the echo of today that I constantly hear when September 11, 2001 comes up. Like other monumental historical moments from my parents generation about the JFK shooting or landing on the moon September 11, 2001 was one of the biggest moments of my pre-adult life that I remember vividly.

The other big global change that I remember is the handoff of Hong Kong from the British back to China where my 7th grade middle score teacher Mrs. Sanacore said this is a pivotal moment that will have great impact in the future. Today that makes more sense to me than it did than as all I remember seeing was the fireworks display over the Bay in Hong Kong.

Thinking about it on the 20th anniversary I was trying to figure out if it was in my 10th grade or 11th grade mathematics class. On September 10th, 2001 Brian & Jon two friends that sat next to me chatted about Brians uncle and how he owned a ton of stock in this company XM Radio that was the future of radio. I had just turned 16 less than a month earlier and believe that I had one of the classic Nokia phones through Cingular Wireless which was my first cell phone. 

The next day sitting in Math class we had the prototypical standard geeky middle aged male math teacher who was going through the lesson plans for that day when Jon who was a troubled student at the time came in late and the teacher asked if he had a note. He said they are about to make an announcement about the planes that hit the buildings in New York. That didn't sink in then and when the intercom came on they asked for all students to report back to their home room for an announcement.

Ms. McCall I believe was her name was my home room and 1st period teacher. She rolled in one of those televisions on a cart that we used back in the earlier 2000's and we watched as the World Trade Centers burned and had no idea of the impact at the time. My friend Ryan and I were in the room watching in disbelief wondering if this was real life or a cartoon as it just looked then and as I watched replays yesterday unreal....

What followed was the teacher saying that this is very serious and you will remember this for the rest of your life. This is one of the biggest moments in American history. As the 2nd tower to get hit but the 1st to fall fell over we asked why it collapsed like that versus falling over like a tree timbering over in the woods? They mentioned the attacks in Washington D.C. as well and one of the students who's father worked in Washington D.C. was pale and worried that her family could have been in danger with so many unknowns in the world at that given moment especially for high school students who didn't have smart phones or connectivity like there is today.

School was evacuated as I believe was the case across the country. No planes were in the sky and we headed to Burger King on Reisterstown Road in Owings Mills, Maryland. I didn't have a car yet and don't believe I had my drivers license quite yet but my long time friend Nick took me home and I spoke to my mom about what was going on and that things were scary. A neighbor named Brian and I picked up our lacrosse sticks and he said Richart I'm going to explain to you whats going on and what happened today.

That was the 1st time I had ever heard the name Osama Bin Laden. Learned about terrorist in the middle east and other global issues that hadn't penetrated my teenager mind. Ruddie there are a lot of bad people out there but this guy funds terrorism and comes from a well known family and he's been plotting something for a while. We tossed the lacrosse ball till it got dark and myself along with the rest of the world tuned in to watch George Bush's speech that night.

The next day I was worried and went to school late with a note, not sure what the next days events would bring. We were all on high alert and canceled our future vacation plans and flights.

As we fast forward 20 years later and reflect back it's insurmontable what happened that day. Watching documentaries and reading in depth articles about loved ones who disappeared that day and vanished never to be seen again. We face new attacks every day whether it's covid-19 or domestic terrorism. If you look at WWII we lost over 20,000,000 humans over the course of 6 years. That averages out over 2,190 days 9,132 humans dying every day. We lost 80,000 from drug overdoses last year and this also tears aparts families and communities.. There are so many landmines and attacks we have to avoid each day of our lives. If you wake up then you are already ahead of millions who perished before you. Whether you're waking up in Palm Beach, Florida or in a jail cell waking up is a big win that you should appreciate if you look back at history.

Days like that make you appreciate life and that we shall never forget.

-Richart Ruddie

Fermi Problems is How you work through logical everyday thoughts

How many people have had covid but didn't report it?
How many people are inside the Wynn Hotel in Las Vegas?
What % of people visit Las Vegas also go to Macau?
When will Apple be worth 4 Trillion dollars?

These are just some of the random questions, discussions and thoughts that pop up. Now the NY Times has given me a purpose. How so? Well they gave these random questions that we work through for fun a name. It's named after a famous french man Fermi and in the  recent article article Mrs. Chen breaks down some that she and her husband thought about.

Have a read and my bookmark for the future: https://www.nytimes.com/2021/08/31/magazine/fermi-problems.html

 

-Richart Ruddie

Elizabeth Holmes Fraud Trial

Interesting to heard about Fraudster Elizabeth Holmes and her pending trial for Theranos. In another strange twist she is now blaming her ex-boyfriend and COO saying he coerced her and was under his spell. According to CNBC analyst Scott Cohn he said to Wilfred and Sarah about the Steve Jobs of Turtle Necks in the level of Fraud at Theranos.

The experts say it comes down to intent did she intend to commit fraud or was she under a spell? If she was in this silicon valley fake it till you make it culture and didnt believe there was a fraud or didn't really believe or intend that there was a fraud being committed than it was not a crime and she has a chance of getting off. This fake it till you make it and brand jacking culture is huge in the start up and entrepreneur world.

Can we blame Elizabeth Holmes based on the interview that just aired on CNBC? After hearing that you may think differently but if you watched the Netflix documentary detailing how they knowingly submitted bad tests and were giving people bad health advice it would be very hard to let her off scotch free.

I hope that justice will be served as there are a lot of great entrepreneurs in the healthcare space who are struggling to land deals because of scammers like Elizabeth Holmes and how that shook up the startup world and hurt female founders that looked up to her.

richart "d" ruddie podcast idea

Richart "D" Ruddie Podcast examples:

For those who told me that the Richart D Ruddie Podcast idea would have merit and could really grow into being an interesting podcast. I'm looking for examples to showcase and you can really pick any politician and see the comments from the readers.

 

Here's one about the earthquake in Haiti and then the first few comments and this is for the president of the united states of america:

https://twitter.com/POTUS/status/1426668707019956229

 

richart "d" ruddie

Richart D Ruddie Words of Wisdom

Practice Effective altruism. The EA life contributes and is a sustainable mentality to help whether through your powers or by earning and giving back. Those who practice Effective altruism create an ecosystem for a better tomorrow.

If you've ever gone through twitter and read the latest comments on any political person, entrepreneur, celebrity or famous persons tweets you will be shocked about the intelligence or lack there of. It's a scary thing to see and I contemplated starting the Richart D Ruddie words of wisdom podcast. The premise of the show would be trolling through tweets on twitter and comments on Instagram and seeing what outlandish commentary people are saying on the internet.

The comments that I've seen are a combination of scary and people really need to educate themselves more on logic and ethics. As a friend who is a state prosecutor said that he's all but lot hope for humanity dealing with the criminals and the system. The people who come through the system have no hope of rehabilitation or of being educated to think differently and are a big issue we deal with as a society. While I hope he's incorrect it's interesting in hearing his opinion after working in the court system all this time and comparing that to the comments that I see on social media on posts and the issues that we as a society will have to deal with in the future.

-Richart D. Ruddie Potential Podcast Signing Off

 

Some of my latest  tweets are some advice to follow:

Sustainability contributes to resilience. Whether it's in farming or in values be sustainable.

 

Before you work harder, work on the right thing. Play better games. Win better prizes.

Please note my name is not spelled richard ruddie

Quote of the day from Genius Richard Feynman

Theoretical physicist and genius Richard Feynman has some great life advice and he had a very storied career. He was a famous code breaker and I had the pleasure of reading one of his great books which is a fan favorite. None the less todays quote of the day comes from him and is as follows:

"Fall in love with some activity, and do it! Nobody ever figures out what life is all about, and it doesn't matter. Explore the world. Nearly everything is really interesting if you go into it deeply enough. Work as hard and as much as you want to on the things you like to do the best. Don't think about what you want to be, but what you want to do. Keep up some kind of a minimum with other things so that society doesn't stop you from doing anything at all."

If you read my Richart Ruddie blog about following your efforts and Mark Cubans advice it is in line with this just a prequel version of his life advice. So do what you love and you will get paid for it if you're great at it.

The Cliff Stoll KGB Story

Since the early days of computer connectivity there has been hacking attempts and no story is more exciting in the early days of breaches than the story of Cliff Stoll. A University of California Berkley scientist who's budget was slashed and he ended up in the computer center and was notified of a .75 cent charge that was unaccounted for that led to a wild science goose chase over a period of 6 months that ultimately led to the arrest and prosecution of 4 western Germans that were selling computer breached information to the KGB. One sadly mysteriously died by being burnt in a forest and the reason was never confirmed if it was self inflicted or done as a way to send a message. None the less watch the classic film the real life Cliff created:

Richart Ruddie Thinks Apple May Lead The Change to Round Paper

Apple loves things round. They even built their new office complex in Cupertino, California in a round about fashion. As I was watching a youtube video about a guy who sent Airtags to Elon Musk at the Tesla Headquarters, One to North Korea, and one to Apple CEO Time Cook in Silicon Valley. Out of the 3 airtag packages that the youtuber mailed out only 1 was returned to him and that was from an assistant to Tim Cook at Apple. What he did was send back a letter thanking him for his ingenuity in using the air tag and wished him the best.

So what does this have to do with rounded pieces of paper in the future? Just as Apple helped to kill flash and grew the external hard drive market by getting rid of cd-roms in computers when Tim Cook's assistant sent back a letter on a rounded piece of paper. Maybe rounded papers are better than square ones? Are rounded pizzas better than square ones? I'm from the DC Maryland Virginia area where Ledo's pizza is square but Papa John's is round... So potentially a changing landscape in the paper market will be rounded pieces of paper led by Apple.

A prediction from Richart Ruddie or maybe it's just a cool thing that just Apple does...

Igarashi will win the surfing Olympics if not solely for representation of Japan

I pretty much just follow the waves. Live your life like the Lebron James & Tiger Woods of Surfing. The 18 year old surfer who will be representing Japan Kanoa Igarashi is going to be the biggest name in surfing since Kelly Slater. This story covers the journey from Oahu, Fiji, Japan, and Huntington Beach, California.

https://www.outsideonline.com/outdoor-adventure/water-activities/kanoa-igarashi-japanese-american-surf-star-tokyo-olympics/

Richart Ruddie Real Estate

The real estate market here in South Florida has been on a tear and as a developer we are seeing the fruits of our construction projects years later. With 12 new single family homes and townhouses that we've been developing, building, and selling it's nice to see how we continue to improve local neighborhoods and build aesthetically pleasing homes. With low interest rates and lack of supply we expect the Broward County and Fort Lauderdale real estate market to stay steady and while we work on additional credit lines we look forward to rolling out additional projects over the next 60 months.

 

-Richart Ruddie Real Estate

Fraud Alert Paypal Address

Watch out for a Paypal address if somebody asks you to send funds to: dowelljoseph906@gmail.com please refrain from doing so as this is a fraud account.

Sega Game Channel Ahead of it's time.

The Sega Game Channel was ahead of it's time and introduced us to streaming games downloaded through it's own power supply and coaxial cable back in 1994 and lasted until 1998 with 250,000 subscribers Sega really has been ahead of it's time with multiple innovations and inventions that they introduced. Imagine if they worked on a video streaming license deal using the same technology that the Sega Game Channel offered. They would have taken on Blockbuster (until Blockbuster introduced their own) and we may not know of Netflix today.

Watch this video for an overview: https://www.youtube.com/watch?v=07LLuBf_PEM

 

Also read: The Sega Game Gear Paved the way for Nintendo

Finding the Right Cadence in your Startup

David Sacks former CEO of Yammer lays it out perfectly in this piece. The advice is worth it's weight in gold in building an unstoppable SaaS army from a potential chaotic startup narrative. His advice is even similar to the two pizzas theory coined by Jeff Bezos & Amazon to keep things small and in line to ensure that you are not building products that will stay perpetually in development and drain resources.

A must read for entrepreneurs building a SaaS platform: https://sacks.substack.com/p/the-cadence-how-to-operate-a-saas-startup-436aa8099e8

Will Smith's Advice on how to suceed in business

Time to get Jiggy With It. Mark Mason is releasing a ghost written book by The Fresh Prince himself. As I've blogged about my love for the hit 90's show and even adorned a Halloween costume that mimicked the costume on the opening scenes for The Fresh of Bel-Air I'll look forward to reading "Will" when it comes out later this year.

Will Smith says that he's "World-class at only a couple of things" Every hour that Will is not focusing on those things he is doing a disservice to himself and the world. If you are world-class at something you should be focusing on that and if you are building a business and can afford to hire the world-class employees then build a team off of that and you have a recipe for success.