Do you make New Year's resolutions?

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New Year’s Eve is in two days, wasn’t it just New Year’s Day 2010? I’m celebrating by having a few friends come over for dinner and watch the Time’s Square ball drop at midnight. That is of course I can stay up that long!

Do you know why it’s called Times Square? In 1904, the New York Times opened their new offices and pleaded with New York to change the name from Longacre Square to Times Square.

What are you doing for New Year’s Eve? Most likely eating. Favorite foods include crab legs, lobster, steak and shrimp.

I’m not sure what I’m going to remember about 2010 five years from now. There were plenty of disasters, a sick economy getting better, the rebirth of GM and Chrysler, the Spartans winning the national championship, OPI and Essie being sold, and the end of the occupation of Iraq.

Gas is $3.18 a gallon and going up even more. Isn’t it strange that the media isn’t commenting on this like the first time it surged past the $3 a gallon mark? I know GM with its Volt and Ford with its Fiesta is smiling all the way to the bank.

Did you make your New Year’s resolutions yet? Forget it, 95% of them are broken after the first week.

What were your favorite new products introduced in 2010? For sure the iPad is #1 followed by the iPhone 4. I can’t recall any beverages that got hot like Red Bull or Vitamin Water in years past.

It appears credit cards will be the next item to disappear. Smart phones will have all the credit card info and you will line up the smart phone at the cash wrap to pay for transactions. No signature required.

I read that the next technology to hit ereaders will be paper. Paper is the perfect medium for electromagnetic particles that when configured a certain way, appears just like ink on paper. And like paper, the reader can be rolled up and once used, can even be disposed of. Apparently this is 3-5 years out.

2011 will be another interesting year. Growth will continue in third world countries (Vietnam for example is booming); Europe will still be constrained by its debt while the U.S. will continue its recovery. Unfortunately, housing will remain weak and unemployment will most likely stay above 9%. With commodities at all time highs, and continuing higher, one wonders if and when prices will start to go up. Pressures to keep prices down and increased productivity will remain powerful incentives to keep prices in line. At the salon and spa level, look for more of the same. Hospitality will see more occupancy at the higher end properties as businesses open their purse strings to more travel and events.

TNG is ready to rock in 2011. thebeautybook Spring 2011 edition and The Industry Source magazine are both in the mail and we have plenty of new initiatives ready to go. One of the most exciting ones is our new capability to customize and fill 8 oz. and 16 oz. bottles for the salon/spa/hospitality industry. Another exciting area is the launch of black 15in1 which has had numerous press mentions from its celebrity launch event. Also, we just updated theindustrysource.com to show real time inventory so when customers order online they will now see stock on hand.

And last but not least, thanks for being part of my blog in 2010. I’m excited to launch the video blog in 2011 and have some fun with technology. Have a safe, healthy, and successful 2011.

Happy New Year!