"The Master in the art of living makes little distinction between his work and his play, his labor and
his leisure, his mind and his body, his education and his recreation, his love and his religion.
He hardly knows which is which. He simply pursues his vision of excellence in whatever he does,
leaving others to decide whether he is working or playing. To him he is always doing both."

STEPHEN HAWKING: How to build a time machine

On May 3, 2010, in Life, by lor3nzo

STEPHEN HAWKING: How to build a time machine

All you need is a wormhole, the Large Hadron Collider or a rocket that goes really, really fast

Hello. My name is Stephen Hawking. Physicist, cosmologist and something of a dreamer. Although I cannot move and I have to speak through a computer, in my mind I am free. Free to explore the universe and ask the big questions, such as: is time travel possible? Can we open a portal to the past or find a shortcut to the future? Can we ultimately use the laws of nature to become masters of time itself?

Time travel was once considered scientific heresy. I used to avoid talking about it for fear of being labelled a crank. But these days I’m not so cautious. In fact, I’m more like the people who built Stonehenge. I’m obsessed by time. If I had a time machine I’d visit Marilyn Monroe in her prime or drop in on Galileo as he turned his telescope to the heavens. Perhaps I’d even travel to the end of the universe to find out how our whole cosmic story ends.

To see how this might be possible, we need to look at time as physicists do – at the fourth dimension. It’s not as hard as it sounds. Every attentive schoolchild knows that all physical objects, even me in my chair, exist in three dimensions. Everything has a width and a height and a length.

But there is another kind of length, a length in time. While a human may survive for 80 years, the stones at Stonehenge, for instance, have stood around for thousands of years. And the solar system will last for billions of years. Everything has a length in time as well as space. Travelling in time means travelling through this fourth dimension.

To see what that means, let’s imagine we’re doing a bit of normal, everyday car travel. Drive in a straight line and you’re travelling in one dimension. Turn right or left and you add the second dimension. Drive up or down a twisty mountain road and that adds height, so that’s travelling in all three dimensions. But how on Earth do we travel in time? How do we find a path through the fourth dimension?

Read more: MailOnline

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{Photography by Kristy Hall}

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Running A Software Business On 5 Hours A Week

On March 21, 2010, in Business, Life, by lor3nzo

Running A Software Business On 5 Hours A Week

Some four years ago, I started Bingo Card Creator, a business which sells software to teachers. At the time, my big goal for the future was eventually making perhaps $200 a month, so that I could buy more video games without feeling guilty about it. The business has been successful beyond my wildest expectations and has made it possible to quit my day job at the end of this month. The amount of time I’ve spent on it has fluctuated: the peak was the week I launched (50 hours in 8 days), a very busy week in the last few years spiked up to as many as 20 hours, and the average over the period is (to my best estimate) about 5 hours.

During the majority of the time I’ve had the business, I’ve also been a Japanese salaryman at a company in Nagoya. For those of you who are not acquainted with the salaryman lifestyle, I leave the office at 7:30 PM on a very good day, and have an hour and a half of commute both ways. In our periodic bouts of crunch time, such as the last three months, I end up sleeping at a hotel next to the office (about 25 times this calendar year).

I’m not saying this to brag about my intestinal fortitude — this schedule is heck on your body and life, and absolutely no one should aspire to it. That said, I snort in the general direction of anyone saying a nine-to-five job is impossible to juggle with a business because “businesses require 100% concentration”.

Here are practical, battle-tested ways for you to improve the efficiency of your business and deal with some of the niggles of partial self-employment. They’ll hopefully be of use whether you intend to try running it in your spare time or just want to squeeze more results out of the time you’re already spending. Many of these suggestions are specific to the contours of running a software business on the Internet, which has a lot to recommend it as far as part-time businesses go — take care before trying these willy-nilly with an unrelated industry. (Part-time pacemaker research is probably not the best idea in the world.)

Read more at: MicroISV on a shoestring

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{Photography by Laffy 4K}

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How To Make The World's Easiest $1 Billion

With all the banks paying back the TARP money, some folks are assuming that the great Wall Street bailout is finally coming to an end.

But of course it isn’t!

Taxpayers are still guaranteeing all big bank bonds (Too Big To Fail) and subsidizing huge bank earnings and bonuses with absurdly low interest rates.

But instead of bellyaching about it, you might as well just smile and cash in. After all, that’s what Wall Street’s doing.

So here’s how to make the world’s easiest $1 billion:

STEP 1: Form a bank.

STEP 2: Round up a bunch of unemployed friends to be “bankers.”

STEP 3: Raise $1 billion of equity. (This is the only tricky step. And it’s not that tricky. See below.*)

STEP 4: Borrow $9 billion from the Fed at an annual cost of 0.25%.

STEP 5: Buy $10 billion of 30-year Treasuries paying 4.45%

STEP 6: Sit back and watch the cash flow  in.

At this spread, you should be earning at least 4% per year on your $10 billion of capital, or $400 million. Sure, there’s some risk that the Fed will grow a backbone and raise short rates, but there’s not much risk. (They have an economy to fix and banks to secretly recapitalize). And in any event, if the Fed raises short rates, making your $1 billion will just take a bit longer. (And if they REALLY raise rates, causing you to actually lose money, it will be someone else’s problem.)

Read more at: The Business Insider

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{Photography by Phillip C}

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The Journalist’s Guide to Maximizing Personal Social Media ROI

There’s a lot of hype behind measuring social media ROI. But what about the payoff on an individual basis? Those who invest time into social media on a daily basis need to see a return on that time to make it worthwhile. Journalists who regularly use social media tools such as Twitter and Facebook on the job with success make it part of their daily routine, and focus on communicating quality content that’s worthwhile to recipients.

Here’s a look at five journalists who use social media, their attitudes and approaches to it, how they fit it into their schedules, and the ROI they got from it. Though this post focuses on journalists, many of their tips can be more broadly applied to anyone working with social media tools.

Rear more at: Mashable

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{Photography by Pedro Simoes}

10 WordPress Plugins to Help Build Community

The expression of community has changed considerably since the emergence of social media technologies, but its basic foundation — the notion of individuals exchanging information, ideas, and opinions — remains firmly intact. Today, one of the most widely-used tools in developing these types of exchanges online is WordPress, the popular blogging and publishing platform. Part of its appeal is the ease with which users can build advanced functionality into their sites with plugins. If you’re interested in building a community around your site, there are plenty of third-party add-ons that can help create one.

These 10 WordPress plugins add features that will help you to engage your user base.

Read more at: Mashable

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{Photography by Dan Zen}

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