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.
Dec 31st
At the end of each year and into the beginning of the next, we take stock of where we’ve been and where we are about to go. TV shows and magazines look back on the significant events of the year, and then prognosticators predict what’s yet to come.
One of the best prognosticators out there (although he may not take to being called that) is Brian Solis (@briansolis). In 2010 he wrote the book Engage, which leads you through the specific steps you need to take to conceptualize, implement, manage and measure a social media program.
I had the privilege of interviewing Brian Solis for an article I wrote for Personal Branding Magazine. In some ways, he reminded me of Matthew Broderick’s character Ferris Bueller; fun, smart and super-savvy about the ways of the social media environment and how to play it. Solis knows how to navigate, pull the technological strings and use these tools to business advantage.
But wait, there’s more
And new for 2012, Solis has released The End of Business as Usual: Rewire the Way You Work to Succeed in the Consumer Revolution. This book takes you to the next level, taking social media away from the context of tool and into the context of strategy. Let me put it another way: We don’t write about telephones or microwaves or stoves as revolutionary tools for communication or cooking. We’ve integrated these items into our lives. Business as Usual does the same thing for us in terms of social media. Solis is taking the tools and technologies we’ve been enamored with and pushing us into accepting them as tangible, real and unimportant as tools, but vitally important in terms of what we do with them.
The End of Business as Usual is a bellwether
If you like Groundswell, then you will love this. This is a business book, a social media book and a trend book all in one. It’s 20 chapters and 300 pages of lesson after lesson, insight after insight, and terrific charts and graphics that give you a perspective on what Solis is talking about.
There are so many facts and figures in this book relating to what’s going on in social media that you could probably tweet out a stat every day and have enough to last you a couple of years. I’m not sure if I’m exaggerating, but I think I’m pretty close.
Here are just a few chapter names that will give you some idea of what to expect:
Chapter 3: The medium is no longer the message. This is the core message of the book. People are spending more time on social networks, TV shows are live tweeted, news comes from Twitter online video networks – in other words, social is as integrated into our lives as phones and appliances.
Chapter 4: Attention deficit crises and information scarcity: This chapter addresses one of the key reasons I admire Brian Solis: “If you don’t have anything interesting or productive to say – then don’t say it.” While Solis is a social media expert and evangelist, I respect his integrity in terms of using social media as a valuable communication channel rather than a vehicle for pabulum.
Chapter 7: Your audience is now an audience of audiences with audiences: This chapter has terrific visuals and charts to show you exactly how communication and information functions in the social media world. This chapter is worth reading and rereading.
Chapter 11: The rise of connected commerce: You’ve already heard the phrase “blurring the line between personal and business. This chapter gives you the background on how and why this is happening. Mobile devices, constant connection and communication will force business to look and feel more personal.
Chapter 14: Reinventing the brand and sales cycle for a new genre of connecter commerce: The message in this chapter is to plug into decision making. We’ve never had better access to data about our customers’ behavior. Businesses will have to become masters at managing their brand promises.
Who should read this book?
To say that anyone who intends to be in business over the next three to five years should read this book is an understatement. Business owners will see data and research that will help them create a context for the world that they and their customers are participating in.
Sales and marketing professionals will get insights and be able to develop much more powerful marketing strategies that get to the heart of what’s important to their customers.
Social media practitioners will have evidence and resources to share with their clients that will show exactly why the strategies they are proposing will work.
At the risk of sounding over the top, The End of Business as Usual is a book you absolutely, positively must read to succeed in 2012 and beyond.
Read The End of Business as Usual for Social Media Insights, Research and Trends
View full post on Small Business News, Tips, Advice – Small Business Trends
Jan 30th
Big business used to have a monopoly on resources and tools that virtually kept customers hostage if they wanted a certain level or type of service. This is no longer true, and Phil Simon’s The New Small: How a New Breed of Small Businesses Is Harnessing the Power of Emerging Technologies will show you exactly how small businesses just like yours are playing and earning big using tools and technologies that used to be out of reach for us.
Phil Simon: An Advocate and Example of Entrepreneurial Spirit
I don’t normally start a book review by talking about the author. But this is how I was introduced to The New Small: Phil Simon contacted me and asked if he could send me a copy of his new book. After a while, he called and we had a really terrific chat about the exciting technologies that make owning a small business today so rewarding and exciting.
Phil actually consults with companies on how to optimize their use of technology. He’s the author of two other books: The Next Wave of Technologies and Why New Systems Fail. Phil is one of the more accessible authors out there; what I find most inspiring about Phil is his boundless energy and ability to reach out to anyone he admires and wants to learn from. This tone comes through clearly in the book.
It’s a Biz Book. It’s a Tech Book. It’s Full of Ideas
Phil told me that he wanted this book to read like The Tipping Point. His intention was to pull together trend and research information supported by case studies that small business owners could relate to and use in their business.
The book is written in four main parts:
Part I: Trends and Five Enablers: This section will give you a framework and overview of the business landscape today. It will prepare you for the meaty information that’s to come and give perspective to what drove the companies that were profiled to use the strategies they did.
Part II: The New Small: This is where you’ll get a lot of the case studies that provide real-life examples of how businesses like yours adapted to trends. There are 12 short chapters that each dig into a critical business challenge and then show how a wide spectrum of companies overcame a challenge using technology.
Part III: Becoming One of the New Small: If you’re interested in using technology to build and grow your business, this section is priceless. It gives technology consulting advice in a language and context that’s easy for anyone to understand and apply.
Part IV: Thinking Ahead: In this short section, Simon gives you the proverbial pat on the back and sends you on your way with some parting words of advice. The lesson I took away is that adaptability and openness to technology and change are the successful small business owner’s best friends.
Is The New Small For YOU?
I normally wouldn’t go on and on about a technology book. I mean, how exciting can a discussion on e-mail, cloud computing or networking be? But when you see how Simon has linked marketing, sales management and finance, then you suddenly get interested.
This is a book I’d recommend to small business owners or anyone who has the decision-making power to evaluate, choose and implement new technologies in a business. I’d even stretch that recommendation to anyone who can make recommendations about which technologies will improve your business operations and productivity.
Earlier in the year, I did a series of articles and webinars on how to make your small business and your marketing look like a bigger company. There was a lot of interest in this topic, and if you’re someone that’s set that goal for yourself this year, The New Small will give you the information, insight and inspiration you need to get that done.
If you’re interested in learning more about how to use technology to build and drive your small business, pick up a copy of The New Small. You can also check out the book’s website, The New Small, and if you want help in implementing some of the principles, visit Phil Simon’s site. Tweet the author @philsimon or @thenewsmall.
The New Small Delivers Big Technology Insights for Small Business
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View full post on Small Business News, Tips, Advice – Small Business Trends
Oct 12th
| Social media monitoring tools provide a ton of data that you can use for brand management, generating leads, business development,… |
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View full post on Home Wealth Project Riot!
Sep 12th
Have you ever stopped to consider what tools small business owners take for granted in their daily routine? The fax machine. The cell phone.
And then there’s the spreadsheet.
Many a time I have opened Excel and not considered what made pivot tables possible. But thanks to Visicalc founder Dan Bricklin’s book Bricklin On Technology, I now know the journey into starting a company offering the first spreadsheet and a lot more.
I met Dan Bricklin last year at the New York Tech Meet-Up, a monthly meeting of technology startups, when he presented his book and his thoughts on software development and entrepreneurship. I was impressed with his combination of humility and sage advice. I bought his book because it pays homage to technology developments over the last decade, and I consider it a definite must-read for technology enthusiasts looking for seasoned perspective.
Large book leads to larger outlook on life
Be ready — this is a thick paperback compared to most popular business books like Rework by 37signals founders Jason Fried and David Heinemeier Hansson or memoirs like Jack Welch’s Winning. It’s 400 pages, based on Bricklin’s past blogs from the year 2000 to date, along with other content such as an interview with behavioral economics professor Dan Ariely, author of Predictably Irrational: The Hidden Forces That Shape Our Decisions.
But unlike many books that contain content previously published online, Bricklin wisely added some context to the blog posts. He even includes footnotes with brief explanations of terms. The end result is an enjoyably readable and well-organized book that is not as intimidating as its heft suggests.
Moreover, a 400-page opus may imply a writer’s overindulgence in his material, but in Bricklin’s case his perspective is worth the extra pages. The book covers a diversity of topics such as the recording industry, pricing, podcasting and how people respond to new media choices.
Technological flashbacks with a clear eye for the human factor
Entrepreneurs who are releasing an app or deploying software on the cloud will gain some valued perspective, particularly from Bricklin’s programmer experience. For example, here is Bricklin’s view on programming development:
“Programming is an error-prone business…You must have a good conceptual model of how each individual statement affects the result in conjunction with each other statement. You have to know how to check for proper operation (testing) and how to find out what to fix if it isn’t (debugging). Unless you are immersed in that particular programming system it is very hard for most people to do this.”
Bricklin is as philosophical about societal computer usage as he is about entrepreneurship. The first chapters address how people make use of technology, such as what people are willing to pay for:
“People like to interact with people they care about. The interactions are often simple, but personally important. They are willing to pay money for this. That’s why they pay for cell phones, for Internet access, for postcards and postage, and for souvenirs. It gives emotional satisfaction.”
He then references America’s Calling by Claude Fisher to explain how phone companies overlooked the emotional satisfaction of calls. Throughout the book Bricklin showcases how business’s perspective on culture has come a long way, and how a technological professional can observe human behavior and cultural history to connect the dots that can aid in business development.
Chapter 7 onward focuses on what development is worth exploring. Some mentions will seem a bit outdated–for example, on tablet PCs Bricklin discusses how the pen is an obvious choice for an input device. OK, definately dated, given the iPad’s introduction (although Livescribe is finding an audience with its electronic pen). But in the context of the past, he is showing how the consideration of hand gestures in computer design has changed. He sees human links with computer tools throughout numerous examples, but without an everything-needs-a-hammer-because-everything’s-a-nail approach. On Napster, for example, Bricklin muses how a central server for music would increase value beyond its peer-to-peer structure:
….I think Napster would operate much better if, when you logged in by running Napster, it uploaded all new songs that weren’t in Napster’s database to Napster’s servers…Napster does not work that way partially because P2P is more legal and harder to litigate against…The issue is can you get what you want from the application. “Is the data I want in the database?”…When someone downloads a song and leaves a copy in their shared database, that person is increasing the number of Napster users who have the song and raises the chances you will find someone sharing it logged in to Napster when you want a copy. The value of the database increases through normal use.
Parallels to today’s applications can be conjured up while reading these kinds of thoughts. In his footnote for today’s context, Bricklin notes how iTunes in hindsight is the epitome of what he was looking for. There are also other footnotes, too long for this review, but you get the idea.
Technopreneurs will be familiar with the subjects in the book, but those with cursory knowledge won’t get left behind. For example, Bricklin muses on how people learn.
“Learning to use things that are difficult to learn is part of being human…The computer is no different from many other parts of people’s lives. We trade the difficulties with things that matter against the flexibility and effectiveness of the task.“
This is similar to Seth Godin’s Lizard Brain concepts in Linchpin or Atul Gawande’s use of checklists to address complexity in The Checklist Manifesto. More interestingly, Bricklin said this in 2001. In addition to the musings, there is a chapter dedicated to the Visicalc story, and an interesting viewpoint from Ward Cunningham, inventor of the wiki.
Who will benefit from Bricklin On Technology
Readers who enjoy memoirs or learning from someone’s outlook should give this book a try. This book will not show you how to start a business outright. Instead it gently reminds the reader how far technology has brought the world over the last decade, and through the reminder creates a perspective that inspires ideas. Bricklin on Technology knows how to explain without boredom, and provide enough novelty to entertain readers. I had a good time reading this book. I am sure you will, too.
Bricklin on Technology: Insights for the Technological Startup
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View full post on Small Business News, Tips, Advice – Small Business Trends
Aug 26th
| Since it launched late last year, social email marketing tool Flowtown has gained over 15,000 customers, most of which are small businesses, with its… |
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View full post on Home Wealth Project Riot!
Jul 12th
Sure, sending newsletters is a great way to send information to your customers, but what information are you getting back? You might think collecting information at subscription is the only way to get data out of your newsletter, but there are several other ways you can get your company newsletter to deliver valuable customer insights.
If you’re sending the exact same newsletter to your entire contact list, you’re missing out on a valuable opportunity to test various parts of your campaign. By segregating two recipient groups and sending slightly different newsletters to each, you can read differences in reception to determine the most effective techniques. Use your newsletter to test various subject lines, article titles, and images. You can also run tests by segregating customers and non-customers to see which of the groups has a higher read rate. Just remember not to change too many things between the different newsletters since you might not be able to tell which of the changes caused a higher read rate.
You can also test to determine what days and times of the week have the highest read rate (I suggest this be one of your first tests). Newsletters sent on Tuesdays and Thursdays typically have the highest read rate, but it could be different depending on your customer base. Test your newsletter on various days of the week to determine what works best with your target customer.
Do you allow customers to reply to your newsletter email? If responses get sent to a no-reply or some auto-response mailbox, then your valuable customer input is falling on deaf ears. Maybe customers are having problems viewing the email, or have suggestions for improvement, or just want to say something nice. Make sure that recipients can respond to your newsletter via email, and that those responses are sent to someone on your marketing team.
If you have links in your newsletter that direct the reader to your website, you want to make sure you know if they are coming from the newsletter or somewhere else. If you use Google Analytics (if not you should be), you can track all of the sources by which users are navigating to your site. To figure out what percentage of your traffic is from newsletters, populate your newsletter with uniquely generated links that will let you know that person came from the newsletter. For detailed instruction, read the Google Analytics URL Builder Help. Unless you use unique URLs, people clicking on those links in the newsletter will show up as direct visitors in Google Analytics.
Maybe you’ve sent surveys or put them on your website to learn more about people interested in your product or service. To maximize data volume, include surveys in your newsletters as well. There’s no need to dream up a new survey every newsletter (that will probably just annoy readers), but linking to a survey via your newsletter every now and again is a great way to draw more participants and get more data.
Doing all of the previously stated can be made worlds easier if you use a marketing application to manage your newsletters. Services like Constant Contact, Vertical Response, and Mail Chimp will not only help you with testing and formatting, many of them automatically generate data for your campaign.
So remember the next time you send out a newsletter, it isn’t just to send information, it has a lot of potential for collecting information too – valuable insights that can help you learn more about your customer, and build a better business.
5 Ways to Turn Email Newsletters into Valuable Customer Insights
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View full post on Small Business Trends
Apr 22nd
| The retail chains could use that data to offer more dining options than just snack foods or cross-market with nearby restaurants. The research also… |
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View full post on Home Wealth Project Riot!
Mar 12th
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We do a decent amount of social media coverage here at Ars, but not everything that happens with Facebook, Twitter, and the like is worth its own… |
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View full post on Home Wealth Project Riot!
Feb 19th
| You can spend your time thinking about creative business ideas, and take your time implementing them well. You can choose your schedule, work… |
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View full post on Merge Feeds, Filter for Duplicates, Uniques & Max Items copy
Nov 4th
| // This time on Inspired Talks we invited David Perel from Obox Signature Series to give some insights and tips for the creative community. |
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