Sam Walton was once asked for his opinion of the 1991 recession, he said, “I’ve thought about it, and decided not to participate.” Within only two years Wal-Mart’s share price was up 200%. The real lesson from this quote is to focus on Sam’s positive attitude towards his business model and the value his customers received from Wal-Mart, and forget about market conditions you cannot control.

The same can be said for iMemories today. iMemories has parlayed its passion for helping customers preserve and share their family memories into a new round of investment capital to further establish its leadership position and fuel its future growth. Current market conditions can not quell the enthusiasm people have today to reflect on what matters most in their lives, their family and friends and the priceless moments they shared together.

As you can see from the press release in the link below, along with the story appearing today in the Arizona Republic, a significant round of venture capital has been infused to make sure families nationwide discover the iMemories experience. To paraphrase highlights from the release “iMemories is meeting an insatiable demand in the market to enjoy, share and celebrate the memories that are the very fabric of our lives. Personal videos and photos are the connections to both the past and present.”

iMemories Press Release

http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20090811005309&newsLang=en

Arizona Republic Story

http://www.azcentral.com/business/articles/2009/08/10/20090810biz-imemories0811.html

iMemories website

http://www.imemories.com

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What a magnificent time we live in that many companies have accepted this reality and are in business to make if fun and easy to do. I was moved by this idea when watching Michael Jackson’s tributes, specifically his Man in the Mirror video (http://www.youtube.com/watch?v=l9lq8oaK5Mw&feature=related). Then during my daily ‘twitter-time’ I saw post and blogs from CMOs at Best Buy and Kodak, check out what they and others are doing to cause momentum and interest to make Dreams, Memories and Stories easier to share and fun to create:

http://barryjudge.com/user-generated-content

http://www.mofilm.com/

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