Sorry I didn’t publish last weekend’s editon. Super Bowl Sunday got a little crazy here. Yes, I’m still questioning Coach Carroll’s goal-line call for a pass play. Ugh.
Here are the Social Media ReInvention Community’s shareworthy links. Enjoy your Sunday Brunch!
Piper Jeffrey Analyst, Gene Munster, writes how Prime Customers spend on average three times more than Non-Prime Customers (Prime Customers spend an average of $1,200 annually). That’s serious coin when you multiply 40 million Prime Customers by $1,200 and the individual customer lifetime value (CLV).
3. The New York Times: Tim O’Reilly Explains The Internet of Things. Tim O’Reilly introduced the term Web 2.0. He’s one of the smartest people in the world and an authority on all things Internet. This New York Times interview sheds light on his thoughts about:
What Is The Internet of Things (IoT)
What are the Implications of an IoT World
My favorite part of the interview: IoT rockets beyond remotely controlling consumer or enterprise devices via our handheld or desktop devices. IoT is about augmenting human capability and decision making:
The IoT is really about human augmentation. The applications are profoundly different when you have sensors and data driving the decision-making.
Uber is a company built around location awareness. An Uber driver is an augmented taxi driver, with real-time location awareness. An Uber passenger is an augmented passenger,who knows when the cab will show up. Uber is about eliminating slack time and worry.
People would call it “IoT” if there was a driverless car, but it already is part of the IoT. You can measure, test and change things dynamically. The IoT is about the interpolation of computer hardware and software into all sorts of things.
But the IoT isn’t just about one sensor in two-way contact with a remote cloud computing battery of servers, or a driver and a rider with a smartphone. There are going to be lots of different data sets, and lots of different feedback loops.
The characteristics are that things are contingent, in relationship with other data.They are on demand. They are load-balanced, and aware of other parts of the system. That is why you get things like congestion pricing. It’s a more context-oriented world, because there is better data.
Topol explains how wearable technology is moving past the one-way capability of monitoring our body’s vital signs. Wearable technology’s future pivots on devices sensing and diagnosing our health from the collected data.
That diagnostic context will give patients (and their physicians) greater control and smarter decisions.
Your Turn
Please let me know if you agree or disagree with my thoughts in the comments. I would love to hear from you. I’m also here to read, listen and learn from YOUR PERSPECTIVE.
My favorite US National Holiday, Super Bowl Sunday, is coming soon! I’m rooting for the Seahawks because I have family in Seattle. I hope my allegiance to the defending champions doesn’t “deflate" the hopes of my Boston-based friends (insert drum rim shot here).
Here are your share-worthy links for the Social Media ReInvention Community. Enjoy your Super Bowl Sunday Brunch!
Couric's views on the news industry’s current state reads like a passage from The Innovator’s Dilemma (direct quotes follow):
"When you’re a part of an established entity, there’s so much incentive to maintain the status quo."
"Being on television in recent years, you just didn’t feel like you were on the cutting edge of where journalism was going. It seemed almost . . . what is the word where something seems kind of antiquated, or precious? Quaint! Our ideas of television seemed quaint to me, even as I was in it."
"New research by Pam Mueller and Daniel Oppenheimer demonstrates that students who write out their notes on paper actually learn more."
"In each study, however, those who wrote out their notes by hand had a stronger conceptual understanding and were more successful in applying and integrating the material than those who used took notes with their laptops."
"Thus, taking notes by hand forces the brain to engage in some heavy “mental lifting,” and these efforts foster comprehension and retention. By contrast, when typing students can easily produce a written record of the lecture without processing its meaning, as faster typing speeds allow students to transcribe a lecture word for word without devoting much thought to the content."
My undergraduate years described in two (2) words: Freak Show.
Mediocrity characterized my college grades (a generous self-assessment). I improved as an MBA student because I loved the coursework. Devouring Harvard Business Review case studies till 3 AM was enjoyable.
Undergrad plant biology (not so much). My D+ proves it.
My takeaways to earning high grades and increasing content retention based on Scientific American's research and my undergrad experience:
True power connectors genuinely want to people in their network to succeed. When one becomes a bridge to helping others achieve their goals, that’s how one achieves her/his reputation as indispensable. Power connectors prioritize serving and further the needs of their connections.
Without expectating something in return.
The Economist author’s premise is the exact opposite. His view: successful networking is based on trickery, manipulation and deceipt (especially among the power elite). Here are some direct quotes:
"The first principle for would-be networkers is to abandon all shame. Be flagrant in your pursuit of the powerful and the soon-to-be-powerful, and when you have their attention, praise them to the skies."
"But shamlessness needs to be balanced with subtlety.Pretend to disagree with your interlocutor before coming around to his point of view; that gives him a sense of mastery. Discover similar interests or experiences."
Judy submitted a great rebuttal to the article. As of writing this post, her comment hasn’t been posted.
Your Turn
Please let me know if you agree or disagree with my thoughts in the comments. I would love to hear from you. I’m also here to read, listen and learn from YOUR PERSPECTIVE.
I’m a Mac Fan so my app suggestions comply with that platform. I have no affiliations or business relationships with these products. I’m a loyal fan who wants to share these helpful resources with others.
Let’s get to work!
1. Edit Your Blog Posts with MarsEdit for Mac
Mars Edit is amazing. This Mac app turbocharges offline time into ultra-productive blogging goodness. No internet connection required.
I host my personal blog on TypePad. No WiFi access meant no draft posts. I worked in TypePad’s editor because copying/pasting from another offline application (e.g., Microsoft Word) meant more time formatting.
A top-notch blog editing tool:
Uploads your post to your blogging platform
Transfers all formatting into your platform (with zero or minimal editing)
Speeds up adding hyperlinks (a huge deal when linking / citing support sources)
Focuses your writing
Writing well is challenging (it is for me). MarsEdit does all of the above (and more) so you concentrate on writing.
Building a thought leader reputation requires long term investment. Save yourself time, hassle, and frustration. Invest in MarsEdit.
2. Scour Industry News and Blogs with an RSS Dashboard
RSS feeds (real simple syndication) are how I track and monitor hundreds of industry publications and blogs for content ideas. An RSS dashboard allows for headline scanning In the time it takes to chug a cup of coffee. Make it your heads-up-display (HUD).
3. Catalog and Remember Your Online Research with Evernote
How do you remember all that amazing research you discovered for future blog posts? Answer: Evernote for Mac. Like MarsEdit, the desktop app maximizes offline time. You can search, find, and integrate hyperlinks into your post without WiFi.
I read a lot to stay current on trends and research in:
Digital Marketing Strategy
Corporate Strategy
Entrepreneurship
Technology and Media
Creative Thinking
I accidentally trip over great articles when researching future content ideas. Google Chrome’s Evernote Web Clipper makes saving and finding articles quick and painless. Highlight key sections and record ideas in seconds. The Evernote iPhone app syncs information with your desktop app (and vice versa).
Build confidence in your writing, knowledge, and critical thinking by reading books. Mitch Joel says it best:
From Mitch’s post: The Five Business Books That Shaped 2011:Read. Read. Read. Blog posts are great. So are Twitter, online newspapers and magazines and the occasional Podcast, but if you really want to deep-dive into a topic and spend more than a grazing moment with it, you have to read a well-written book about the topic that interests you.
My best 2014 professional development investment: Upgrading my Kindle. I read more at night without disturbing my wife (my snoring already annoys her, but that’s a post for another time).
In Fortune 500 years, I’m ancient. My personal reinvention process started six (6) years ago (one blog post at a time). Pivoting your career in a different direction is a good thing.
Please let me know if you agree or disagree with my thoughts in the comments. I would love to hear from you. I’m here to read, listen, and learn from YOUR PERSPECTIVE. Comments are open. So let’er rip!
Ideas that spread win. You can subscribe to my blog via email (and can unsubscribe any time you like). I hope you’ll also share my work with your friends. Many Thanks!
Fortune created a “startup of you” category for future articles. This career development concept exploded in two (2) short years to become a permanent part of business thinking. Start with this article If you’re newbie and with the book’s concepts such as: permanent beta, doing the hustle, tapping network intelligence, etc.
I fell in love with The Startup of YOU in 2012. I wrote a popular blog post series about the bookIn case you thosel posts, here they are:
I bought Brett’s book yesterday and will share additional helpful tips with our community in future posts.
3. TechCrunch.com: East of Palo Alto’s Eden. Kim Mai Cutler’s heartbreaking article portrays the stark economic situation between Silicon Valley’s nouveau riche techies and the low income African American / Latino communities in East Palo Alto. Silicon Valley’s socio-economic extremes are well-documented. Kim’s article is the best and most comprehensive piece I’ve read (and I’ve got a ton of articles Evernoted on this subject).
Here’s a direct quote from her article’s introduction:
But today, with Facebook constructing a Frank Gehry-designed office complex that will let the company support roughly 7,000 workers while Palo Alto and Menlo Park balk at building housing even though median home prices have soared beyond $2 million, East Palo Alto may change enormously over the next decade.
Moreover, the questions being asked today about why the tech industry lacks racial diversity, and what the long-term consequences of gentrification are in the U.S.’s most economically vibrant regions like the San Francisco Bay Area are deeply intertwined in a way that is hard to perceive unless you step back.
This is a story of how two neighboring communities followed entirely different trajectories in post-war California — one of enormous wealth and power, and the other of resilience amid deprivation. It’s about how seemingly small policy choices can have enduring, multi-generational consequences.
Your Turn
Please let me know if you agree or disagree with my thoughts in the comments. If you disagree, I would love to hear from you. I’m also here to read, listen, and learn from YOUR PERSPECTIVE.
These posts in the blogosphere and LinkedIn’s Publishing Platform showcase employment trends describing why a personal blog or website is a vital 2015 professional development goal:
I’d like to add an important and overlooked reason for investing in our own online real estate: Being Blind-Sided by an Online Platform’s Policy Changes.
Ensure Your Professional Identity Isn't Beholden to a Single Online Platform
3. Remember, you’re essentially contributing to someone else’s network on Twitter – certainly there are returns, but make no mistake they profit from your attention. I know you might not have a problem with that because you gain something too, but it’s good to be conscious of that fact.
6. You own your work in a self-hosted blog and are in total control over how it is presented.
I know it’s not as “sexy” anymore (in reference to blogging) but it is still far more valuable and should not be discounted merely because the early adopters have shiny new object syndrome.
My grandfather was a Scottish Highlands “crofter” — i.e., a small-time, mostly self-sufficient tenant farmer with his own little patch of land, who raised sheep and grew potatoes, turnips, and other stuff. And as I wrote in my second book, Evil Plans: hey, guess what — we’re all crofters now. Even people with secure day jobs in big corporations.
Thanks to the Internet, we all have a little electronic “croft”— an electronic smallholding — to call our own what is commonly referred to as our own digital identity, which we can cultivate, like a small farm, however we see fit.
The good news is that, unlike my grandfather, we don’t have to spend our whole lives growing potatoes and shearing sheep for a mere pittance. We can sell things people find valuable — art and cartoons in my case, maybe consulting gigs or whatever in your case….
The Internet makes all this possible.
What Are You Waiting For?
Go.
Your Turn
Please let me know if you agree or disagree with my thoughts in the comments. If you disagree, I would love to hear from you. I want to read, listen, and learn from YOUR PERSPECTIVE.
Brrrr! It’s cold in The Midwest (East/West Coaster Translation: The Flyover States). Please keep warm and enjoy these share-worthy links during your Sunday brunch.
Both detail how our online actions shape our personal and professional opportunities. Fertik’s book describes how machines trumps humans in important stages of the hiring process: Applicant Tracking Systems (ATS) in resume screening.
To better position oneself for such technology-aided hiring and workplace ranking systems, the authors suggest that people make their résumés “machine-readable.”For instance, they recommend that job seekers include concrete descriptions of their professional skills and competencies in their areas of expertise as well as signposts enumerating their career trajectories — all in language that algorithms could easily parse.
“A machine can figure out from your résumé how quickly you progressed from manager to senior manager to director— and whether your pace outstripped or lagged the typical pace,” said Michael Fertik, a co-author of “The Reputation Economy” and the chief executive of Reputation.com, a company that helps people and companies manage their online images.
So, before job candidates start worrying about whether they will be properly dressed for a job interview, he said, “it’s important for them to figure out if they’re dressed for the Internet.”
Hsieh also came up with a way to calculate the value of people who “subscribe to downtown Las Vegas” but don’t want to live there. He’d tried to persuade Jake Bronstein to leave New York in 2012. Bronstein is the founder of Flint & Tinder, which makes the 10-Year Hoodie and other clothes. Hsieh invested in the retailer and says Bronstein comes to Vegas one week every month. “We did the math on Jake. When he’s here, he’s out about 12 hours a day, 7 days a week, for 12 weeks a year. So he’s worth 1,000 collisionable hours, too.”
Hsieh began to apply this metric to investments that might not make money for a while. “Say we want 100,000 collisionable hours a year from an investment. That works out to 2.3 hours per square foot per year,” he says, with a slight smile. “If we’re going to invest in a 3,000-square-foot restaurant, we can do the math and see if it yields that 2.3 hours per square foot per year. We’re kind of agnostic about what goes into a space. It’s ‘are you going to yield those collisionable hours?’ If not, we can say no without judging the quality of the idea.”
Your Turn
Please let me know if you agree or disagree with my thoughts in the comments. If you disagree, I would love to hear from you. I’m also here to read, listen, and learn from YOUR PERSPECTIVE.
I’m not a Yahoo! stockholder, but I cheer and root for you. Everyday.
I have personal and selfish reasons for writing this public fan letter:
I’m a proud dad, godfather, and uncle to young daughters and nieces.
I want my female loved ones to have access to multiple opportunities in multiple professions (especially ones currently dominated by men).
I want them to see and learn from a positive female role model.
I want you to cram the misguided belief down everyone's throats who believes a smart, savvy, successful, gutsy, and attractive female technologist cannot prevail (both in Silicon Valley and beyond its influential borders).
It took huge guts to take on the task at Yahoo!. What you’re doing there is just like what Tony Hsieh is doing with The Las Vegas Downtown Project: Transforming, reinventing, and reimaging an organization / community that declined long before you arrived.
"Sometimes it is the people who no one imagines anything of, who do the things that no one can imagine."
Continue standing out Marissa. The business and technology world needs more Marissa Mayers. This dad will continue rooting for you until the job is finished (and long after).
Keep Fighting and Don’t Give Up,
Tony Faustino
Your Turn
Please let me know if you agree or disagree with my thoughts in the comments. If you disagree, I would love to hear from you. I’m also here to read, listen, and learn from YOUR PERSPECTIVE. Comments are open. So let’er rip!
Happy 2015! Hard to believe a new year's already here?
I found many interesting and thought-provoking articles to share this week. Thank you for supporting the Social Media ReInvention Community. Enjoy your brunch!
Seth’s and Joe’s articles make me think what I can do as a proud dad and father to two young daughters. I want the best for them. I want them to have the same opportunities (and more) my parents created for me and my sister.
The current order displayed in the aforementioned bullet points portrays the percentages of women in Silicon Valley leadership positions (from highest to lowest). Guesstimating the overall average percentage: ~25%. The numbers become more discouraging when analyzing the percentages of women by individual company — less than 20%.
Other regions of the United States should capitalize on this opportunity to aggressively positioning and transforming their cities into hubs where female company founders flock to create their own companies.
Please let me know if you agree or disagree with my thoughts in the comments. If you disagree, I would love to hear from you. I’m also here to read, listen, and learn from YOUR PERSPECTIVE. Comments are open. So let’er rip!
Ideas that spread win. You can subscribe to my blog via email (and can unsubscribe any time you like). I hope you’ll also share my work with your friends. Many Thanks!
I love reading books. They’re my secret weapon for accessing critical thinking. Here’s a short listing of my favorite books / authors who inspired me and exhausted my Kindle in 2014 (by the author’s last name in alphabetical order). Note: Some of these titles are pre-2014.
Seth calls out our schadenreude, spectator sport culture, and it’s power in curbing intelligent risk taking (except in Silicon Valley). When It's Your Turn is an in-your-face, call-to-arms, entrepreneurship manifesto. The battle cry rallies around showing up everyday, to create and ship our art. Now’s the time to revel in that uncomfortable place of “this may or may not work."
I'm moving into a new career as an entrepreneur in an early stage startup, That’s a scary leap after corporate life. But, those simultaneous feelings and fear are the right place to be:
I’m late in reading this classic marketing book. I hope to meet Seth, shake his hand, and talk marketing strategy. That requires fluency in Ideavirus terminology (i.e., sneezers - both promiscuous and powerful, the hive, persistence — not the one related to effort, vector, vacuum, amplifier, smoothness, etc.).
Technical prowess and technical insight aren't enough. Creative storytelling and written communication carry equal weight (direct quote from Everybody Writes, page eight):
What’s harder is to find a book that functions for marketers as part writing and story guide, part instructional manual on the ground rules of ethical publishing, and part straight talk on some muscle-building writing processes and habits.
What’s also hard to find is a book that distills some helpful ideas about the craft of content simply and (I hope) memorably, framed for the marketer and businessperson, as opposed to say, the novelist or essayist or journalist.
I wrote this book because I couldn’t find what I wanted—part writing guide, part handbook on the rules of good sportsmanship in content marketing, and all-around reliable desk companion for anyone creating or directing content on behalf of brands.
Everybody Writes teaches disciplined practice to elevate and sustain our writing skills. Ann’s book reads like cozy conversation with her while enjoying a great cup of coffee or a couple of frosty Sam Adams beers (keep in mind, she’s a Bostonian).
Ann poured her heart and soul into this work (or as she says “gave birth to a Volkswagen”). I guarantee you’ll benefit from her knowledge, talent, and heart.
If Tribes is the strategic and conceptual framework for digital leadership, Platform is the tactical roadmap for its successful execution. Creating and managing a personal brand is imperative in a crowded marketplace and recovering economy. Michael’s book unpacks the why's and how’s of building a digital platform — i.e., the collective fans who subscribe to and follow your blog, email newsletter, podcast, Twitter feed, etc.
He explains step-by-step how he built his influential online presence and to power his career as a publisher, educator, and public speaker.
Art takes many forms (e.g., words, pictures, spreadsheets, presentations, sculptures, music, photographs, process diagrams, or anything we create with pride). These remarkable books capture Austin Kleon's philosophies and experiences on creating and promoting art. These fun, short reads answer two common questions among artists, writers, entrepreneurs, or marketers:
Question 1: How Do I Create My Art? Answer: Steal Like an Artist
Question 2: How Do I Promote My Art? Answer: Show Your Work
Austin’s writing and storytelling teach "how to get out of your own way.” Yes, creativity and innovation are messy. They're hard and time-consuming. Manage those frustrations / fears so you focus on creating and shipping. Struggle produces. Struggle inspires. Steal. Show. Repeat.
Thank goodness that's exactly what Judy teaches! Her book will change my life. Invest in yourself by buying and studying How to Be a Power Connector. It will change your life too.
Traction delivers a clear, how-to method supported by real-world, actionable insights. Gabriel's and Justin's interviews and case studies describe the successful execution of Traction’s Bulls Eye Methodology. Bulls Eye focuses on the second most important aspect of an early stage startup’s life cycle:
Critical Success Factor Number 1: Create, release, test, iterate, your product or service (hopefully, a good one solving a current problem)
Critical Success Factor Number 2: Get customers by experimenting / testing, measuring, and ultimately focusing on one customer acquisition tactic
Critical Success Factor Number 3: Max out the customer acquisition in CSF Number 2 and repeat Bulls Eye to find another customer acquisition tactic
Please share in the comments the digital marketing and entrepreneurship business books you read in 2014. What did you love about them? How did they inspire you?
I’m here to learn from YOUR PERSPECTIVE. Comments are open. Let’er rip!
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