Home Wealth Project
Extensive Research On How To Build Wealth From The Comfort Of Your Own Home.
Extensive Research On How To Build Wealth From The Comfort Of Your Own Home.
Jul 31st
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Social Media Marketing: An Hour a Day and over 630,000 other books are available for Amazon Kindle Amazon s new wireless reading… |
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Jul 31st
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Last week the markets consolidated their positions over the key resistance levels. However, analysts believe investors should remain cautious as… |
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Jul 31st
Drive: The Surprising Truth About What Motivates Us by Daniel H. Pink is one of those books that makes you wonder why we are having so much trouble getting over the command-and-control/face- time-and-billable-hours business models. In a nutshell–or should I say, in a “tweet”–which Pink so gamely prepares for us: “Carrots & sticks are so last century. Drive says for 21st century work, we need to upgrade to autonomy, mastery & purpose.”
While Drive is like a lot of business books that focus on a new trend–i.e., really just an extended magazine article–it does hammer home some salient points. What I liked was that it broke down which types of work can be motivated by carrots and sticks and which types of work can’t.
Of course that explains what could be the downfall of the book/theory: How do you treat different parts of a single company differently and then make it all blend together? The examples within the book were often “all in” ROWE, or results-only workplace environments. A company realistically would have to learn how to be more of a hybrid–adapting appropriate managerial behavior to its diverse employees. That could be extremely difficult to implement.
Below are some of the points that jumped out at me:
Autonomy
Mastery
Purpose
I didn’t make too many notes in this section, because this seems to be what we’ve been hearing for years: People want a purpose-filled life and work. For the first time, this made more sense to me as a feasible goal because Pink couples it with the other two concepts of autonomy and mastery.
Daily Dose Bottom Line: One thing this made clear is that there is a huge mismatch between what science knows and what business does. Yet whenever there is a gap, it means there is opportunity. The companies that understand how to motivate the workers of tomorrow will be the ones that “drive” us forward. Highly recommend for anyone managing creative types.
Jul 31st
As a consultant, I often meet with inventors who’ve created–and sometimes even patented–an innovative product that has the potential to take the marketplace by storm.
The problem: It takes more than just ingenuity to get a product onto retailers’ shelves and into the homes of millions of American consumers. It takes money, marketing and distribution–and most inventors don’t have any of these things.
That’s why I often send inventors like these to Michael Weinstein, an entrepreneur and internet marketer who runs the Internet division of
Lipenwald Inc.,
a 60-person direct-response marketing company that finds,
creates and markets consumer products through the internet, catalogs,
direct mail, retail and television. As Chief Internet Officer, Weinstein
is
responsible for finding products, driving website traffic and
increasing internet revenue, as well as ensuring effective online creative
development
and execution for more than 200 websites that offer thousands of products
ranging
from collectibles and horticulture to cosmetics and “As-Seen-On-TV”
general
merchandise.
“Most inventors do not have the resources, the experience or the capital to take a product from concept to market,” Weinstein says. “From manufacturing an item to
creating an offer, producing and airing television commercials, creating and
marketing websites and fulfilling orders, these are tasks that are not familiar to most inventors.”
That’s where Lipenwald comes in. Rather than charge inventors for its go-to-market services, Weinstein’s company partners with them, taking the product from conception through marketing, manufacturing
and distribution. Typically, Lipenwald seeks out inventors who
have products or product ideas that the company believes have
mass market potential. Lipenwald then manufactures the item, purchases large quantities of the item after market testing, and stores the item in its warehouse while driving sales through a multimedia marketing campaign. Lipenwald has successfully marketed hair-removal
products, automotive products, pet products and collectibles.
“We only succeed if the product
succeeds, and we assume the risk,” Weinstein says.
Tapping his internet marketing experience, Weinstein has been able to spark discussions of his company’s products on social media sites and online discussion boards. Weinstein
also uses the internet to increase brand awareness and to generate sales
through e-mail marketing, affiliate marketing, display advertising, search
marketing and viral marketing.
“We are always looking for affordable, quality products that solve a common problem,” Weinstein says, “the kind of products that save you money,
make your life easier or both.”
Inventors can submit their inventions or product ideas at Lipenwald’s
website at http://www.lipenwald.com.
Read the rest…
Jul 31st
| The Wall Street Journal conducted a comprehensive study that assesses and analyzes the… technology that companies are deploying on Internet users. |
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Jul 31st
| I love how social media has made our world just a little smaller — bringing people together across the globe who might not have met otherwise. |
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Jul 31st
| A social-media push makes sense for the House GOP on the verge of election season. Republican members have already outpaced their Democratic… |
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Jul 31st
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What’s next for marketers in the realm of social media, mobile, location and digital video? That’s what a room full of PepsiCo executives,… |
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Jul 31st
| Internet marketing, also referred to as e-marketing or i-marketing, is fast becoming the way of the future. But as with any form of… |
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Jul 31st
| Bit Rebels is the premiere blog for geeks interested in technology, design, tutorials and industry news as well as social media. In today’s fast… |
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