Algiers, Algeria: Michael Schumacher, Man-Eating Dandelions and Camel Tricks

When I travel, I rarely gallivant–you know, wonder aimlessly, jazz around with no particular purpose in mind.

Weeks before a trip, I look up specific sites, research what languages are spoken, what foods to expect. I try to familiarize myself with a location’s particular history and culture. By doing this, I can travel more optimally. I can have a more fulfilling trip.

Yet many of the elements in a city, in a country, are often overlooked or simply cannot be researched beforehand–things like air and road quality, perception of foreigners, smells, small and subtle cultural innuendos. Do I shake hands? Do I nod my head up and down to signify “yes?” Do people…smile here?

It was with these thoughts that I entered Algeria.

Ten minutes into my first taxi ride, my driver, teetering through the wide-laned rush hour traffic of Algiers, was flagged down by a policeman.

C’est le dérangement! Un barrage police.

An inconvenience, annoyance, or disorder–a police roadblock. Oh to be speaking French again!

The driver and policeman exchanged a delicate combination of French and Arabic. I picked up the word “Michael Schumacher” and looked over at the policeman. He was laughing hysterically. I guess the roadblock wasn’t as serious as I had originally made it out to be. The driver displayed his paperwork, smiled, waved, and drove off like nothing had happened. C’est le dérangement, he repeated.

Known for the flickering white of its seaside buildings, Algiers is often called Alger la Blanche, or Algiers the White. The city, a series of potted one-way roads that meander up and down hills, past mosques and minarets and small shops like Alimentation Generale and Fruits et Légumes, is the second largest city in the Maghreb, an Arabic term for the five countries–Morocco, Algeria, Tunisia, Libya, and Mauritania–that compose North Africa.

The port of Algiers, situated on the west side of a Mediterranean Sea bay, is the most important port in North Africa. Perhaps this explains why it’s also the most expensive city in North Africa, and interestingly enough, the 50th most expensive worldwide.

Unfortunately, a combination of work, weather and serious jet lag prevented me from properly exploring the city. In my one free afternoon, eager to escape the hustle and bustle of central Algiers, I spent an hour walking through the Jardin d’Essai, a nearly 200-acre park/garden with exotic plants from all over the world. I walked through bamboo groves, past towering fountains, looking at plants from Australia, Mexico, Brazil and Southeast Asia. It was pleasant and serene, just what I needed after a hectic schedule of road-darting and price-scribbling.

I let my mind wander. Signs in Arabic, like the one below, took on wild, dangerous meanings. Man-Eating Dandelions! Stay on Path! Folks, this is what happens after traveling alone for so long. You start to…lose it a bit.

I think there’s a reason that Anthony Bourdain hasn’t filmed his travel show, No Reservations, in Algeria. Besides several roasted chicken stands like Le Roi de Poulet, Algiers’ gastronomic culture leaves much to be desired. Street food, at least in my short, week-long experience–and that’s what travelers do, we draw conclusions on limited observations–consists of roasted chicken, burgers, kebabs and fries. Typical fast food fare–here, the McDonald’s is Quality Burger.

Though I must say, after a bit of research, I found a couple of restaurants worth writing home about. El Djenina was fantastic–the best cous-cous I’ve ever had. And they even served Tango, Algeria’s only local beer! Another restaurant, Le Taj Mahal, was completely empty when I walked in. I wish it werent, because the Indian food was sumptious and spicy and all kinds of good. If you ever find yourself in Algiers, craving Indian food (am I the only one?), Le Taj Mahal is your place.

Algiers is an interesting place–certainly not a hub for tourists like Casablanca or Tunis, but I predict that they’re on their way. Give them ten years. Lots of exciting new development projects in the works, and plenty of culture and good-natured people. I hope to return!

I’ll leave you with a short clip of Algerian television, brought to you from room 630 at the hotel El-Aurassi.

Camel tricks! Enjoy 🙂

https://youtube.com/watch?v=M-cZOBEVqgI

Backdoor Entrepreneurship: Inside the Incubator

Have an idea but not sure how to get it off the ground?

Consider a business incubator. Or a seed-stage accelerator. Or a startup program. Whatever you want to call it.

Here’s the gist. Each of these 6 programs is specifically designed to help early-stage startups get their idea up and running…the right way. From help with paperwork and business plans to access to VCs (venture capitalists) and entrepreneurial professionals, these programs are an amazing avenue for startups that haven’t gained traction, that are looking for a way to take things to the next level.

I first learned of these programs back in 2005, when I read that an old hiking buddy of mine, Sam Altman–founder of Loopt–had dropped out of Stanford and hooked up with Y-Combinator for additional support. Read about Y-Combinator and 5 other programs below.

Y-Combinator

Location: Mountain Park (Silicon Valley), California
Website: http://www.ycombinator.com

Certainly the most well known seed-stage accelerator company, Y-Combinator–founded in 2005–offers two 3-month programs each year to its applicants. In exchange for acception into the program, Y-Combinator takes on average about 6% of the company’s equity; $17,000 for startups with 2 founders and $20,000 for those with 3 or more.

As of early 2010, Y-Combinator has funded 172 startups, including Loopt, reddit and Justin.tv. Check out this interview (courtesy of mixergy.com) with front man Paul Graham to learn more.


Business Tips via Mixergy, home of the ambitious upstart!

Seedcamp

Location: London, England
Website: http://seedcamp.com

Seedcamp was created to “jumpstart the entrepreneurial community in Europe by connecting next generation developers and entrepreneurs with over 400 mentors from a top-tier network of company builders; including seed investors, serial entrepreneurs, product experts, HR and PR specialists, marketers, lawyers, recruiters, journalists and venture capitalists.”

Their flagship event, Seedcamp Week, takes place each September. At the end of the event, 5 teams are selected to receive an investment, typically €30-50k. These winning companies are invited to stay in London for a further 3-month period to develop their idea with Seedcamp’s support.

TechStars

Location: Boulder, Colorado; Boston, Massachusetts & Seattle, Washington
Website: http://www.techstars.org

Founded in 2006, TechStars provides seed funding for teams forming web/software companies.  Similar to Y-Combinator, companies receive up to $18,000 and a flat 6% equity stake. Here are a few companies that went through the TechStars program: Travelfli, oneforty, DailyBurn.

NextStart

Location: Greenville, South Carolina
Website: http://www.nextstart.org

From the NextStart website:

Do you have a creative and unique idea for a new product, new venture, new business model? Do you dream about getting to know people who want to help you, provide a little bit of money, and teach you what to do next? If so, we invite you to apply to the NextStart program. If you are one of the start-up teams selected, we will provide you with a small $5,000 initial investment per entrepreneur (maximum $10,000 per start-up), office space for the summer, access to workshops and programs, and a network of experienced mentors who will help you refine your ideas and launch your business. At the end of the summer, you will have an opportunity to present your business plan to potential investors.

I haven’t heard much about this particular program, but if you’re in or around South Carolina, it appears worth checking out!

Bootup Labs

Location: Vancouver, British Columbia
Website: http://bootuplabs.com

Taking founders from “concept to company,” Bootup Labs offers an 8-month program with intakes of 6 startups in January and May. Based in Vancouver, Bootup Labs targets  consumer internet, mobile, gaming and enterprise internet businesses. Like other incubators, Bootup Labs offers a $100,000 convertible line of credit for 5-15% in equity.

The Difference Engine

Location: Middlesbrough & Sunderland, England
Website: http://www.thedifferenceengine.eu

What looks to be a spanking new digital acceleration program (and claims to be the first major one in Europe), The Difference Engine is a 16-week program that “combines investment capital of £20,000 (for 8% of the business) with mentoring, support and office accommodation with various other services provided by our partners.”

Their very first program starts this month (February 2010)! I’ll definitely be keeping an eye out.

For The Armchair Endurance Racer: Inside The World’s Wildest Races

Think you’re in shape?

Imagine this: it’s three in the morning and you’re plodding through knee-high puddles. You’re hungry. The last time you slept was twenty six hours ago, and that was only for twenty minutes.

The pre-dawn air is heavy. Lengths ahead, past a patch of Alaskan fireweed, you hear distant ruffling, darting your eyes just quick enough to see bodies scrambling up the ravine. The first six checkpoints were tough, but this last one has taken nearly a day to reach. With seventy hours of racing left, it promises to be an exciting finish.

Welcome to the world of endurance racing, where elite athletes navigate and compete in courses hundreds of miles long. Equipped with ultralight, weather-resistant gear and using tools most laypeople have never even heard of, like UTM Grid Readers, prusik loops and gaiters, these athletes battle their mental and physiological limits for a first place finish. Training is intense. Strategy is meticulously rehearsed. As competitors plot through the course, bodies become nature-beaten and sleep-deprived.

In college, I raced a few Bonk Hard events in Missouri’s Ozark wilderness, and boy was it fun. Planning food, clothing and gear for a nearly 18-hour day–not to mention the training beforehand–was a downright awesome challenge. Never have I understood the term “fatigued” more than I did at the end of one race, the Bonk Hard Chill. My 4-person team, MAKE WAY, was the last able-bodied team to cross the finish line at 17h 40m. I remember eating cold spaghetti and having a hard time walking. And this was me in excellent shape.

Receiving course instructions the night before the race.

Endurance racing, or adventure racing, is a quirky subculture of ultra athletes that has, over the last thirty or so years, developed into a highly competitive sport. There are small adventure races like the Bonk Hard Chill, and there are ones much larger and more elite. Seemingly impossible events like the Vendée Globe, a non-stop round-the-world yacht race that can take upwards of three months to finish.

Thought by many to be the world’s toughest ocean race, the Vendée Globe takes place every four years. Leaving port off the coast of western France, crews head straight to Antarctica, where they circumnavigate the continent, always clockwise, and race back to France. Over the years, yachts have capsized. Competitors have been lost at sea. In the most recent 2008/2009 race, eleven teams finished. Nineteen did not.

Last-minute gear checking the morning of the race.

Land races are just as ruthless. The Badwater Ultramarathon is a 135-mile course that climbs from Death Valley to Mount Whitney; from 282 feet below sea level, the lowest point in contiguous America, to 8360 feet above sea level, the trailhead to the highest. Due to the intensity of the foot race (again, deemed one of the world’s toughest), entry is by invitation only, and if you can believe it, demand to participate each year typically exceeds the number of available spots.

While the race organizers do not award prize money, any runner who completes the course in sixty hours or less receives a commemorative medal, and anyone strong (and crazy) enough to finish within forty-eight hours gets a belt-buckle. Yes, a measly belt-buckle. Year after year, even some of the most elite ultramarathoners are not able to finish.

In 2009, nearly forty teams of four competed in Primal Quest, one of the most prestigious expedition-length races in the world. Racers gathered in the Badlands of South Dakota to mountain bike, paddle, swim, climb, cave and foot-race their way across 557 miles of remote and unforgiving terrain.

What drives these athletes to endure such harsh conditions? How do they stay alert and focused? What does it feel like to complete an endurance race, to cross the finish line with your limbs still intact? I imagine only a few people in the world are qualified enough to answer these questions.

Let the training begin.

3 Best Kept Travel Secrets: Rwandan Safari, Chernobyl and Damascus

A couple of months ago I was nominated (by Angela Corrias – Travel Calling) to take part in a unique and collaborative online experiment called, “3 Best Kept Travel Secrets.” Started by the folks over at Tripbase–a new, personalized approach to travel planning–this exercise calls for travel bloggers to write about three obscure places they’ve been (restaurants, hotels, tours, etc.).

Katie Sorene, author of the original blog post on Tripbase, writes:

Been somewhere amazing you’d never even heard of? You want to let your buddies in on the secret, right? Read on for my top travel gems!

What’s interesting about travel is that the places / hotels / restaurants that everyone agrees are fantastic, are often not so fantastic.

And even if they are, it can all be a bit predictable.

Now what’s really fun is when you find somewhere obscure that is truly out of this world.

You can’t believe your luck to have stumbled across this travel gem. How could you not have heard of this place before??

You want to shout it from the rooftops.

So here goes… these are My 3 Best Kept Travel Secrets

Fortunately, my job has taken me to some fairly wacky destinations. Below are three that I would like to share with you.

Akagera National Park, Rwanda

An offbeat, cheaper alternative to the traditional African safari.

From Kigali, Rwanda’s capital city, Akagera National Park is only a few hours away. Why pay $700+ to see Silverback gorillas when, for a third of the cost, you can hire a private driver and guide for a personal safari?

Last February, I found a hotel employee in Kigali that had access to a four-wheel drive vehicle and negotiated a $200 day trip to Akagera. We left at 6am, and on arrival at Akagera learned that the ~$30 entrance fee included a complimentary guide. SWEET.

The safari was amazing. We drove around for 5ish hours and saw a herd of elephants, a Masai giraffe, several Cape Buffalo, Oribi, Reedbuck, and an Olive Baboon that tried to climb into our car! If you have more time, you can arrange to stay overnight–lion spotting anyone?

Click here for: my blog post on Akagera National Park

Chernobyl Day Tour, Outside of Kiev, Ukraine

An intimate, exotic and informative tour of the world’s most infamous radioactive disaster zone.

Many of you out there have taken a group tour. I’ll go ahead and say it–Chernobyl is the wildest and most fun tour I have ever taken. For $180 you can hitch a ride from Kiev with Solo East Travel. During your1-2 hour drive, you’ll watch an American-made documentary about the Chernobyl disaster.

The tour group was small–no more than 17 people. We drove into the zone of exclusion to take pictures and to Pripyat, the ghost town next to Chernobyl known for its abandoned school, hospital and playground.

Click here for: my blog post on Chernobyl

Old City, Damascus, Syria

The most vibrant and dashing city I’ve ever been to.

Get lost in the narrow and twisting conduits of colors and smells and shops. Become wildly intoxicated with the periodic call of the muezzin–an exotic soundtrack of sorts, a strange, permeating presence you have to hear to really..well..feel. Take a trip to Damascus’ Old City, the oldest continually habituated place on Earth.

Syria is an enigmatic country, psychologically inaccessible to most of us Westerners. Hop off the beaten path and travel to one of the world’s most interesting places, bar none. Take it from me; the culture is overwhelming in the most pleasant of ways, the food (and sheesha) is ambrosial.

Click here for: my blog post on Syria

Personal Finance in the Digital Age

Turkmenistani Manat

Wad of Turkmenistani Manat
Ashgabat, Turkmenistan 11/08

If there’s anything I’ve learned since stepping outside the college bubble and into the real world, it’s that financial literacy in America is piss poor. Every day, personal budgets are neglected, debts are magnified and irrational decisions are made. Did you know that at the end of 2008, the average credit card debt per American household–regardless of whether they had a credit card or not–was $8,329? Pretty wild, when you think about it. Given that the average interest rate on a credit card is roughly 15%, a household with that much debt can generate over $1,200/month in additional interest debt. Yikes.

Just over ten months ago I wrote Mapping Your Financial Infrastructure, an article about the importance of deconstructing your finances. You know, where money comes from. Where it goes. How much (and in what capacity) you save and invest. It was a good first-step in my adult life–systematically observing how money flows in and out, looking for ways to optimize.

In a continous effort to stay on top of my finances, I recently reread I Will Teach You To Be Rich, my choice when it comes to all things “personal finance.” Yes, the title is scammy-sounding and seemingly presumptuous,  but trust me, the author knows his stuff. Over the last month, I have taken his advice to heart and made a few infrastructural changes.

Credit Cards and Frequent Flyer Miles

I applied for a new credit card, the Citi® Platinum Select® / AAdvantage® World MasterCard®. Long after my career as a cost-of-living surveyor is over, I still plan on traveling. This card has a much better airline rewards program than my previous card, the Bank of America WorldPoints Rewards Visa. I get 30,000 American Airline miles for signing up, and the annual fee is waived for the first year. Normally I’m against the idea of an annual fee (in this case $85), but all the best credit card reward programs have fees. Note: I did not close my BoA Visa! It has a really high credit limit ($13,600), so closing my access to that limit would significantly and negatively impact my credit score.

From Bank of America to Schwab

I moved checking accounts from Bank of America to Schwab. Lately I’ve had a couple of situational issues with Bank of America and I’ve been looking for a reason to move on to greener pastures. I chose Schwab’s High Yield Investor Checking account. Schwab comes highly recommended for a variety of reasons; customer service, the fact that they reimburse ATM fees and a strong paperless system, to note a few. I was also attracted to Schwab because they make it easy to set up and fund a Roth IRA.

Opening a Roth IRA

For the last few years I had been investing $100/month into Class-A American Funds. While the American Fund family consistently outperforms its peers 1-2% each year, each Class-A fund has a 5.5% load, or fee. This means that for every $100 I invest, I’m only really investing $94.50. It’s not much, but with so many other no-fee options out there, I want to capitalize on compound interest.

I stopped putting $100/month into the American Funds and chose to open a no-fee Roth IRA instead. If you’re not familiar with the benefits of maxing out your Roth IRA contributions, read this.

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The point I want to make is this. In today’s digital age, tracking and controlling and optimizing your personal finances has never been easier. The tools are there. The Internet makes it…so…damn…easy.  Over the last month, the two or three hours I spent making the changes above will no doubt save me thousands down the road.

Do yourself a favor this week. Take a peek at your financial situation and see if there’s any room for positive changes. Do a little research. Fill some holes. I’d be happy to entertain any questions you have about credit cards, savings accounts and the like. I’m no expert, but hopefully I can point you in the right direction 🙂