Monday, May 29, 2006
Time to cut back on the danishes, fast food, and Mehawk. And maybe I should mix in a little exercise.
Sunday, May 21, 2006
Jeff Jarvis has written about media networks and how they are changing...and where they might go. At the very bottom of the article, he writes about how it might all work, but he says it's is complicated. I think it is pretty straight forward.
1. Make a platform with content creation tools that plugs into Ad/Affiliate networks (authors share in revenues).
2. Organize the content in a marketplace ie. a ggregate the audience.
3. Share revenue with anyone that sends traffic or signs up authors.
Hubpages has all these elements built into the platform. As far as we know, it is the first of its kind to do this. Can't wait to see it in action.
Friday, May 19, 2006
Successful entrepreneurs possess the following attributes: Most come from modest
backgrounds. Many are immigrants or first generation Americans. All know the
value of money and understand the difference between need and want. Their
confidence is tempered by an understanding of their shortcomings. They know that
speed and stealth will usually help them beat large companies. They know that
other startups pose the greatest threat to their existence.
The profile makes sense to me, but I think they should add one thing. Championships. If I had an unproven entrepreneur, I'd want someone that had learned how to win. Straight A's and individual accomplishments are nice, but a real champion has done it with a team, against stiff competition, and under adversity. I've found that few people know how to really win, how to bear down, focus, suck it up when everything hurts to ultimately lead a team to a championship. I've seen more talented and smarter teams lose to a team that knows how to compete. A tight group, that understands their roles, that in a war, you never question or point fingers, but focus on the goal.
Here are a few tests.
1. Play pick up basketball. People that win hate to lose. Someone might tell that person, geez it's a pickup game, relax. Why, because they play harder than anyone else. I'm not saying they win every game, but over the long haul they will win much more than they lose. Even if it's only to eleven by ones. With each team win, they learn how to win the next time.
2. Play for stakes where it hurts to lose. This is a personal example, I was one of six sons and my father was a high school English teacher. We weren't wealthy. Every dollar was significant to me. We used to play Techmo Bowl tournaments. Each person put in a couple of bucks and then we would play head to head until we had a champion. I wasn't the best, but something about playing for money made some guys tight and others better. I was always better. My friends would joke that they could beat me, unless they played me for money. Look for the person that comes out on top when the stakes matter.
Tuesday, May 16, 2006
- Try it and succeed
- Try it and fail
- Don't try and don't know
Thursday, May 11, 2006
For Mother's Day, I'm getting my wife jogging socks and shoes. It's just what she wants. For SED (which occurs annually on the day of funding) it starts with her sleeping in. I'll take the two girls and just let her rest. Then breakfast. Oat meal, toast, coffee and juice. Her favorite.
After breakfast, a family walk in the park and a picnic. I'll pick up sandwiches, fruit, drinks and a bouquet of flowers for her (not from costco if I can resist). Then I take the girls home and send her to the spa to get her nails and toes done. She loves that. When she comes home, I have a few small gifts for her and have arranged a baby sitter.
Dinner reservations at a new restaurant that she has been wanting to try. Followed up with drinks at an out of the way jazz club and then we head home. One more small gift, a foot massage and hit the sack.
Wednesday, May 10, 2006
Outside of the etailing space is there an online business that grew from great marketing? Or was there great marketing really a great product? If it's the latter my feeling it's better to invest the headcount in an engineer than a marketing head. At least at the beginning.
I heard some good insights from Gordon at Emergence Capital today. If you your business has unit economics that have been proven and its in a large enough market, you can raise money all day long.
I gave a practice pitch today. My friends are tougher than VCs which is good. They are critical, but fair, and all for my benefit. Today was the first time I put a demo to the deck and next week will be the first time I do it for a VC. The feedback was great. It circled around telling a story that tied to the deck, asking the audience to participate in portions of the demo. Keeping the demo to five minutes (if it's just me talking). The audience can extend it with questions. Lots of questions about our target audience, and how we will market to that audience to get authors. Good tough questions.
Just watched Nemo with Georgia and shared a bowl of ice cream.
Saturday, May 06, 2006
This should have a significant impact to large sites and to the SEO community. I'd expect to see the number of pages indexed in MSN from a site grow rapidly. Lots of people have been clamoring for a real competitor to Google. I think this is a great step for MSN for two reasons. I suspect the quality of the results will increase since more content from sites will be included and I suspect it will be even more impactful on the SEO community. Sites that are large with good content should see a pick up in referals from MSN.
These are big changes and its great to see MSN getting this out there with Ad Center, and the froogle competitor.
Friday, May 05, 2006
This link shows a few of the companies going after the local review market. Citysearch is the old man, Yelp, Judysbook, and Insiderpages are the up and comers. The Alexa graph shows CitySearch the far and away traffic leader. Yelp next and then it's close between Insiderpages and Judysbook.
If you do a search on Google, with site:yelp.com or any of the other domains it will say how many pages Google has indexed (this isn't completely accurate either, but good for trends) from the domain.
Interestingly, the traffic rankings in Alexa corresponds to the number of pages in Google. So the more pages you have indexed in Google, the more traffic you had in Alexa. In Yahoo and MSN, it didn't work that way. Yahoo and MSN reported more pages indexed from Judysbook than Yelp.
My conclusion is if you want to beat your competitor for traffic is to get more (legitimate) pages indexed in Google.