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Wednesday, September 11, 2013

9/11, North Dakota, and K.I.S.S.

September 11, 2013

I want you to take a moment and remember what you were doing 12 years ago today. What is your story? How did your story change that day?

Every year, with the exception of today, I showed the HBO documentary "In Memoriam" to my students. Every year each group of students were younger when they remembered the day. "I was in 3rd grade," "I was in 2nd grade" and so on. Most were too young to understand what happened. What am I saying? As if I understood? I still don't. There were a few things I remember clearly about doing that. One was that they appreciated that I showed them the film and most shared it with their parents. I remember I would cry every time I watched it and each year I would cry less and less. I also remember asking if they did anything in their other classes related to 9/11. Most of the answers were "no" or "they didn't even mention it." I was different. I believed it shouldn't be ignored or forgotten.

I am learning and changing daily. Sometimes it happens many times a day. The environment here is so alive and active. It is like a daycare. The energy is everywhere. I have been working with many different people to solve problems that this environment creates. I have decided I need to work on my own, on one thing and have a business partner who has the same goals. There are many simple ideas that just need action to be successful. Well, not only action. Money and action. I hear stories everyday in North Dakota about entrepreneurs who started with almost nothing and have built their business to a point of financial freedom. Again, these are simple ideas. I am going to share two business startups in Williston owned by women.

I met John today at the restaurant. He is a chef from Alaska. When I was paying for my kick ass salad he asked about me and what I was doing in North Dakota. When I mentioned I was heading to Williston, he said, "Really?" I said, "Why? You need a ride?" He replied, "Yeah. I'm outta here." I assumed it was the end of his shift. Apparently he quit. On the spot. That is what it's like here.

On our way to Williston, he told me he had another job as a taxi driver. He said the woman who he works for started a year ago with one car. Now she has grown to seven cars and a 14 passenger shuttle bus. She created a system, marketed it, and duplicated it. This is what every successful business does. Warren Buffet first did it with pinball machines. He bought a pinball machine for $25. When he made enough money, he invested in a second. Then a third until he had several streams of cash flow into his business. The owner of Mr. Kab in Williston did the same. 

Next up is Nyssa Grey, owner of Boomtown Babes Espresso. Here is an article from the Williston Herald. I know this chain is going to expand and be successful. If the owner chooses good locations, this will be a gold mine in oil country. I met the owner briefly on a visit and plan to pick her brain on details of her failures and success. She loves what she is doing and it shows.

After being out here, I also discovered a simple need that will help people who are living in RV campers. In the winter, it can get as low as -50F with the wind chill. The space under an RV or 5th wheel, needs to be protected or "skirted" to keep the pipes from freezing and help keep the camper warm. When Kelly and I built our house back in 2001, we used structural insulated panels or "SIPs." I thought that the panels can be used to skirt the thousands of campers out here that use very inefficient skirting techniques. It will be more efficient, more durable, and easy to install and maintain. I made a video and a Craigslist ad to have a web presence, help with SEO, and start to generate leads. I am sort of selling it before it exists. The product just needs to be fabricated. If you read the Tim Ferriss book "The 4 Hour Work Week," you understand this technique. If you have any interest in learning about starting a business in this connected society, read this book. 

Keep it simple, silly.

Until next time,

Ken

Sunday, September 8, 2013

North Dakota And The American Dream

Good evening. I am writing this from the Bakken Base Camp, near Alexander, ND. I have so much to talk about, it is mind numbing. I am amazed every day by something new as I meet the people here in North Dakota. I am learning new ways to create wealth. I am hearing stories from people, real American people, that are simply unbelievable. Tonight I am going to write about one person I met about two hours ago. His name is Trey.

I checked into the Bakken Base Camp yesterday. It is like a college dorm for men who work in the oil field for Goliath Industries, LLC. In North Dakota, and other places in the oil industry, it is called a "Man Camp." When I pulled into the parking lot, I saw a guy carrying a guitar get into a vac truck. These are called "Supersuckers." That's a picture of an HDX. This is a very manly invention, to say the least. Moving on. 

I was excited to see a guitar! I got to my room and he was in the room next door to me. I asked him about his guitar. "It's an Ibanez." Nice. I strummed a few chords and started my unplanned interview. I love talking to people. Actually. Let me rephrase that. I love listening to people. I know I have said this before but everyone has a story. Everyone wants to tell their story to someone who will listen. I listen. It is something that I learned somewhere. Or maybe it's just in me. Look back at my Facebook updates and you will find one that says something like, "If you want to meet the most interesting person you've ever met, just talk to them." I would now add, "and listen."

While I was waiting for a call from Jon to finalize building plans, Trey and I started talking about North Dakota. I mentioned to him that I was here helping George build some structures to enclose water pump units that are used for fracking. (Click here for Wiki info on hydraulic fracturing.) is s He said "George is my dad. I'm actually George The Third. That's why they call me Trey," he replied in a thick Texan dialect. It was unreal. We laughed. 

He told me more about the Supersucker. The machine can be used to excavate land. It can pick up a rock about 8" in diameter. He said that during training, they showed videos of someone who got their arm sucked up the hose. Basically, all the blood in a person's body swells into the arm and then it comes off. I am pretty sure it is a fatal accident. They use it on oil rigs to clean out overflow pits. Trey is 22 years old and started working for Goliath right out of high school. Last year he made $110K. We talked about the business opportunities out here. It almost doesn't matter what you do. The American Dream is here in North Dakota. There are shortages of everything. Want to work at Walmart? No? Starting pay is $19.50 per hour. That's for an overnight stocker. I have met people from all over the world here. Plates from just about every state too. I am sure people fail out here too. It is not for everyone. 

You miss 100% of the shots you don't take.

Until next time.

Ken