Who Is Mike Farrell? Consultant & 'New Economy' Entrepreneur
I'm Social!
  • Home
  • About Mike
  • What I Do
  • Articles
  • Education
  • Contact
  • Mike's Blog
  • What Others Are Saying

Virtual Worlds Are Generating Real Profits

10/30/2010

14 Comments

 
Computer processing power, as you know, has been growing exponentially for decades. Our means of interacting with computers, however, have changed little since they first appeared.

Computer still convey information to users almost exclusively through sight and sound, speakers and screens. We still give information to computers mostly through keyboards, track pads and mouse devices.

It has long been predicted that this would change.

Read More
14 Comments

Advancements in Atomically Precise Manufacturing

9/30/2010

34 Comments

 
Nanotechnology is at the heart of a great number of breakthroughs that will power the future economy.  Materials that will be manufactured using atomically precise technologies will offer performance and prices far superior to conventional materials.
 
For example, the state of the art in semiconductor technology is photolithographic manufacturing.  Photolithography uses light to remove material on a chip wafer, layer by layer.  It has been done that way for decades even as the chip density has increased and chip size has decreased.

Read More
34 Comments

The Ultimate Alternative Energy

8/31/2010

40 Comments

 
Contrary to the common belief, we have no energy shortage.

In fact, we have more energy available than we could ever use.

If not for the anti-nuclear movement, the funders of terrorism would not be awash with petrodollars and, our economy would be significantly stronger.

Read More
40 Comments

The Beginning of a Second Space Age

7/18/2010

50 Comments

 
From the Soviet launch of Sputnik in 1957 to Neil Armstrong’s “giant leap for mankind,” the space race between the world’s superpowers, the United States and the Soviet Union, captivated many including my generation.  This space race motivated me to launch my first career as a rocket engineer.

Fresh out of college, I landed an engineering position with General Dynamics where I cut my teeth designing, building, and testing missiles with the defense industry.  For a couple of years (prior to joining Deloitte, a Big 4 accounting and consulting firm, as a management consultant), I worked hard at launching and guiding missiles to their target and innovated ways for the space business to apply the new and emerging computer technology.

After landing on the moon and a few more lunar missions, the United States efforts in space shifted to the Space Shuttle Transport system and ultimately the International Space Station.  For over twenty years, shuttle launches were a national event, carried by major networks and watched by millions of people.

However as space travel became more routine the public’s interest in space waned.  It wasn’t until the new millennium that support for a modern moon mission began to earn vocal support.

Recent federal budget proposals have cut out the new lunar program and shifted the space transportation business to commercial companies.  The space program’s budget is set to have a new emphasis on science.  This would be a dramatic shift for the space program which has long relied on its NASA operations.

The potential demise of the new lunar program might seem by many to be the nail in the coffin of a space program that has been plagued by miscalculations, tragedies and budget woes.  However there are others who see the glass as half full and will view the changing space program as the perfect opportunity to profit from a profitable, growing, and well-managed private sector in the aerospace and defense industry (where I began my career as mentioned previously).

It would be impossible to enjoy many of our modern communication and entertainment amenities without the benefit of space travel.

Technology for space travel, specifically satellites, has greatly improved technology ranging from defense to predicting weather.  Our forays into the final frontier have furthered other important advancements such as super-strong and heat-resistant metals.  In fact, the space program has helped pave the way for a number of profitable companies in the aerospace and defense industry, especially those in satellites.

In a recent World Market Survey of satellite construction and launch trends, there is the prediction of a busy decade with over 1,185 spacecraft expected to be launched.  This will be a 47% increase of the previous decade.  On the commercial side, low-orbiting satellites for the mobile voice and data industry sector will need to be upgraded.  Emerging economies such as India and China will also help fuel the growth as their respective governments become more heavily involved in the new space age.

I trust this post has provide some background and evidence that powerful efforts are underway to commercialize satellite production, launches and other space technology.  Business opportunities are emerging with companies that will prepare and send satellites and cargo into space for its government and commercial clients that will span needs of the Defense Department, those studying the solar atmosphere and the influence of the sun on the Earth, as well as transport of NASA astronauts to the International Space Station and safely back to earth.  These innovative business ventures and commercialization of space activities are generating alternative wealth creating opportunities that could make you a Space Age Millionaire.

In closing, I favor a quote from Steve Forbes.  Forbes says that pursuing additional financial education and the resulting increase in our financial literacy (including the investment potential of breakthrough technology) will open our eyes to alternative wealth creating strategies and this will be the key to resolving our global financial crisis.

To gain the necessary financial education, it is best to obtain association with, access to, and membership in a wealth creation community.  As a result, you will learn and have the knowledge to use alternative wealth creating strategies such as Bank on Yourself, debt reduction, and asset protection.  You will be exposed to wealth acceleration investments in areas (discussed in previous blog posts) such as commercial space ventures, Carrier Ethernet technologies, nanotech lithography, robotics, nano-based next-generation battery technology, precious metals, water rights, oil, natural gas, potash mines, food commodities, and gold mines.  You will have the knowledge to consider investments in energy assets that are inherently useful like oil rigs, hydropower, or methanol plants; things that are hard to build, difficult to replace, and costly to substitute; definitely not financial stocks, definitely not retail stocks, definitely not commercial property.

It is wise to monitor breakthrough technology as there are truly exciting developments afoot in the field of commercial space activities and businesses.  I will continue to monitor developments and provide updates in future articles and at my blog over the next few weeks.

Finally, I want to thank Greg Guenthner and Jim Nelson of Agora Financial as they were the source of some of the materials about the technology advancements mentioned in this post.

In closing, be sure to read more of my posts at aspenIbiz my Internet Marketing blog, learn some tips about being No 1 on Google at apenIbiz my Go-To-Market Partners, my affiliate website, and learn how to be savvy with your money like the insiders at aspenIbiz my Conspiracy For Your Money blog.
50 Comments

    Mike Farrell

    Former rocket engineer and management consulant undergoing a "reset" to generate multiple income streams.



    Archives

    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    December 2012
    November 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    December 2011
    November 2011
    October 2011
    September 2011
    August 2011
    July 2011
    June 2011
    May 2011
    April 2011
    March 2011
    February 2011
    January 2011
    December 2010
    November 2010
    October 2010
    September 2010
    August 2010
    July 2010
    June 2010
    May 2010
    April 2010
    March 2010
    February 2010
    October 2009

    Categories

    All
    Alternative Energy
    American Express
    American Manufactures
    App Economy
    Aspenibiz
    B2b B2c Ecommerce
    Bandwidth
    Banking Electronic Wallets
    Being Thankful
    Big 4
    Big Data
    Biotech
    Breakthrough Technology
    Broadcasting
    Christmas Holiday Message
    Compound Interest
    Computer Touch Haptics
    Crowd Funding
    Cyberwarfare
    Deloitte
    Deloitte Big 4
    Digital Entrepreneur
    Dna
    Economic System
    Economy
    Electric Cars
    Entrepreneur
    Entrepreneurialism
    Executive Temping
    Experience Economy
    Fiber Optic Technology
    Financial Education
    Fireworks Independence Day
    Free Agent Entrepreneur
    Fuel Efficiency
    Future Of Humanity
    Giving Thanks
    Globalized Economy
    Hackers
    Halloween Costume
    Halloween Spending
    High-temperature Ceramic
    High Unemployment
    Home Based Business
    Information Marketing
    Initial Public Offering Ipo
    Innovation
    Internal-combustion Engine
    International Space Station
    Internet
    Internet Infrastructure Updates
    Internet Marketing
    Jobs Act
    Labor Day Weekend
    Life Liberty Happiness
    Lithography
    Low Confidence
    Make Money Online
    Management Consultant
    Manufacturing
    Mastercard
    Mike Farrell
    Mike Farrell Aspenibiz
    Millionaire Operating System
    Mobile Marketing
    Mobile Payments
    M.O.S.
    Nanotech
    Nanotechnology
    Nasa
    Natgas
    Nation Of Builders
    Natural Gas
    Next Generation Batteries
    Nuclear Power
    Oil Patch
    Paypal Amazon Google
    Recession
    Relationship Marketing
    Robotics
    Robots
    Santa
    Second Income
    Second Income Opportunity
    Semiconductory Industry
    Shale Gas
    Smartphone
    Smart Power Grid
    Space Exploration
    Space Program
    Space Technology
    Spacex
    Stuxnet
    Superconductors
    Television
    Thanksgiving Day
    Tradeum
    Venture Capital Vc
    Verticalnet
    Virgin Galactic
    Virtual World Technology
    Visa
    Wireless Network
    Wireless Networks
    Work From Home

    RSS Feed