|
By Xavier Mohr, CEO
SLReports.net Well, it has been a long time, but here I am. Back in the saddle. Ready to catch up and see what's going on in SL. I have to admit to you, I have been drinking a tad tonight... first Corona and finishing it up with a bit of Budweiser, but I think I can fake my way through at least one article. Here goes.
First of all, my significant offline status is in no way a reflection of my feelings towards the SL finance community, CapEx, or anything of the sort. For those of you that do not know, I have had a lot going on in real life lately. First and foremost: my move. My partner and I recently moved from one house to a larger one within the same community here in Oklahoma City. Boy, what a nightmare! The title and mortgage companies could not seem to get their acts together. Almost a month after being approved for a loan for a specific house, we finally closed! Upon moving, my Internet connection was cancelled as the cable company decided when they wanted to move the service to my new home. Almost a week offline there... only able to access Gmail randomly from work. Secondly, my real-life job. I have decided to call it quits at my real-life employer, and have been dealing with a lot of work in preparation for my resignation on November 1st. This brings me to the recent news by XXX (a CapEx-listed stock) CEO Dimitri Gasser that he is no longer able to commit a full-time effort to his Second Life sex company. What originally was met with anger by XXX investors did turn out well in the end as Gasser named shareholder Kubi Beam as CEO, but brought up a question in my mind: what happens when a SL business owner is no longer able to access Second Life regularly? In SL, we see too often that businesses rely on the skill of one person... the same person that usually manages the entire business. Most SL businesses do not have a plan of action in the event of CEO non-participation. Publicly-listed companies included in that. For SLR, I myself have run into a spot where I am no longer able to manage the business. Luckily in my case, I had a very talented webmaster - Strange Ranger - that was able to take over day-to-day ops of the business, requiring only of me my completion of monthly financial reports and presence at shareholder meetings. In Dimitri's case with XXX, although things started out rocky, it appears that after a bit of drama, things turned out as well. It goes to show you, though, that to most people the bottom line view is that SL is a game more than anything else. When important RL circumstances occur, the virtual business is the first thing to fly out the window. Perhaps it is because of the fact that even the richest among us SL'ers don't make as much as we would through RL efforts. Perhaps some of it has to do with the time behind a desk we have to commit to. I don't know. The bottom line - this needs to be addressed. Large SL companies definitely need plans of action for CEO replacement in the event someone has to quit Second Life due to real-life circumstances. The days of public - even private - businesses disappearing because of more important CEO matters need to be left behind. Maybe we need to develop written plans of succession as suggested in a CapEx forum a while back. Good thoughts. In any event, I do hope you continue reading SLR as usual. Strange has informed we have new writers ready to come aboard and there are some great plans for increasing traffic. I will stay in touch, and I hope all of you as readers choose to do the same by continuing to comment on our stories. Cheers, and have a blessed day. Sincerely, Tim Locklear a.k.a. Xavier Mohr
CEO, SLReports.net
|
