8:37 AM Posted by James Endicott
Fast forward 17 years and life seems to find a way to come full circle. Last month we spent a week in the DR with many friends relaxing and enjoying the sun. I also met several new friends including Jared Knight and Scott Moscrip. Jared is the son of Randy Knight, my old boss at Knight Transportation. Turns out we were co workers. Jared has since moved on and started his own business in media. Scott is the owner of Truckstop.com, the largest internet website related to the trucking industry. Turns out Scott's site provides trucking data to bloomberg. Both are very successful and all three of us got our start in the trucking industry....go figure!
8:26 AM Posted by James Endicott
More details to follow as we approach our Launch.
What is PAVE?
An address list must be sorted by a variety of criteria, depending on the type of mail being sent (e.g., letters or flats), the mail class (First-Class, Standard, Periodicals) and on the location of each address. As one example, the Postal Service uses what is called a Sectional Center Facility (SCF) that serves as a sorting center for groups of ZIP codes. Manual sorting of mail can be complicated, because mail going to ZIP codes serviced by different SCFs must be sorted into separate, unique mail trays. ZIP codes numerically "next to one another" may actually be sent to different USPS sorting centers and should be sorted into separate trays. For instance, you might have a mailpiece with the ZIP code 94299 and one with the ZIP code 94301. If you sorted your address list into ZIP code order, you would put these mailpieces next to each other in the same sorting container. However, these ZIP codes are serviced by different SCFs. The mailpiece going to the 94299 address is sent to the 942 SCF, located in Sacramento, CA. The mailpiece going to the 94301 address is sorted at the 943 SCF, located in San Francisco, CA – seventy miles away. Thus, presort regulations require that those mailpieces be sorted into different containers before being submitted to the USPS.
Because of the complex and labor-intensive nature of manual presorting, many companies offer software that presorts your address list for you, making the mailing more cost-effective. Different software performs different presorts, so it is important that you research to ensure that the software you are purchasing sorts for the type of mailings that you do.
Before you begin a presort mailing, make sure:
The software sorts for the type of mailing you want to do – First-Class or Standard Mail, postcards, flats, letters, Carrier Route, etc. Each presort class is unique in sort order, price and documentation.
The software prints the USPS-required forms. There are many different versions of the presort form – which form you need to submit depends on the presort being performed. In general, the software should print the 3600x and 3602x forms. These forms give the USPS a breakdown of the cost for the mailing, as well as mailer information (permit number, mailing address, phone number, etc.). In addition, Form 3553 is required to verify the CASS certification of any automation mailing.
The software prints the Tray and/or Sack labels (also called Container labels). These tags use a standard Universal Product Code (UPC) barcode and determine the destination of each mail tray or sack. Your post office can provide you with the trays and sacks you will need.
By the way, We ranked #33. Not bad.
1:12 PM Posted by James Endicott
It's a new school year and that means a new year for the Business Plan Competition. This year appears to bring a lot of new challenges and a lot of unknowns. So far, I have no idea who will compete and who seem to be frontrunners leading into the competition. Last year, we knew about Klymite and Qgia and a few other companies early in the year. As you know, Klymite went on to win our competition and place 2nd at Moot Corp (the world championship). Our 2nd place team, SchoolTipLine also place 5th at Moot Corp. Without question, last year was the most successful year for the BPC to date.
So, leading into this year, I'm not sure who the frontrunners are, but I look forward to finding out. We have some new perks this year. It appears our winner might have the opportunity to ring the bell at the Nasdaq, and we are working on as new partnership with a VC firm that would bring Seed funding to one of our winners each year. Talk about excititng news.
Being the entrepreneur that I am, I have several ideas that I want to pass along to students looking to enter the competition and start a company, but do not have ideas. Feel free to get in touch with me if you are looking for ideas or want to join a team.
I was voted to the VSpring 100 list for the third year in a row. The v100 was designed to help entrepreneurs and vSpring Capital locate and cultivate relationships among top CEO and CTO talent in the region. Members of the v100 are chosen through a peer-nominated and peer-selected process.
Basically, it is a CEO popularity list in Utah. At first I was not to keen on the idea, but I attended the luncheon and enjoyed meeting manyof the nominees.
I seem to get so tied up in my businesses that I rarely take time to socialize within the Utah tech community. The V100 gives me that opportunity.
Gruvie also is a social community platformÂ that is jam packed with photos, friends, groups, videos, chat, games and much more.
What I like most about Gruvie is that you can get your own URL, (mine is james.surfsforlife.com) to promote yourself and your favorite links. I uploaded links to my favorite websites and when my friends visit me, they can easily navigate to my facebook page or my Yahoo page or my Blog. Gruvie also allows you to make any page your home page.
Check out Gruvie and let me know what URL you choose!