Even in a city as large as New York, it’s not hard to figure out where anyone in the tech scene is at any particular time, because they have usually “checked in” to their location on their iPhones using Foursquare, which allows users to accumulates points and earn “badges” based on the number of places of the same type they go to in a night. (The person who has checked in the most to a location becomes the “mayor.”) Foursquare is also useful if you want to let everyone know that you are, for example, at the offices of Union Square Ventures, perhaps meeting with Fred Wilson, the venture-capital firm’s co-founder, to discuss funding your start-up, or that you’re having lunch at the Breslin, the restaurant in the Ace, with, say, Ben Lerer, the 28-year-old angel investor and founder of the men’s e-mail newsletter Thrillist, whose father, Ken Lerer, co-founded the Huffington Post. | source : nymag.com
A new generation of tech entrepreneurs in the city is trying to overthrow old media and build a better New York—with the help of their iPhones. Are they dreaming? Definitely. But in a good way. | source : nymag.com
we realized that people often have difficulty up front in identifying just what they are about to get themselves into. It's not just the value for customers that's in question, and it's not just the technical effort. It's the political effort -- all the people who have a stake and try to stop you or help you (or "help" you).
We devote a whole chapter to this, and we've also developed a tool for measuring projects. Answer a few questions, and then the tool tells you if the effort is in line with the expected value, and whether you've generated a cute little idea (class 1) or a major "shadow IT" effort (class 4). We call it a value-effort evaluation (VEE score). | source : blogs.forrester.com
We’re kidding ourselves if we think people have ever paid for news. It’s been subsidised, not only by advertising but also by people paying for other content which had news stuck to it. News was the icing on the cake. But not any longer – with bundles of content unpicked by the net’s search economy, news by itself struggles to find a buyer. People have changed the way they consume information, yet the way we sell it (or try to) hasn’t kept up. We don’t know where to put the icing. | source : journalism.weblog.glam.ac.uk
Freelance Entrepreneur
On hearing the word ‘freelance’ or ‘freelancer,’ we usually imagine writers who are independent without any affiliation to a particular publishing company or a business establishment. However, a freelancer can be in any area of work not only in writing or journalism. A freelancer is “self-employed person who pursues a profession without a long-term commitment to any particular employer” (Sir Walter Scott1771–1832).
Today’s business environment may seem discouraging to many aspiring entrepreneurs as the businesses are curtailing their budgets and consumers are shying away from spending. However, one has to sow before he or she can hope to reap. Like any storm, ‘This too shall pass.’ Those who can lumber along during the storm will certainly rise again.
The key is to keep the entrepreneurship alive on a low budget. | source : tiedetroit.blogspot.com
What we have discovered over the past nine months are growing diseconomies of scale. Bigger firms are harder to run on cash flow alone, so they need more debt (oops!). Bigger companies have to place bigger bets but have less and less control over distribution and competition in an increasingly diverse marketplace. Those bets get riskier and the payoffs lower. And as Wall Street firms are learning, bigger companies are going to get more regulated, limiting their flexibility. The stars of finance are fleeing for smaller firms; it's the only place they can imagine getting anything interesting done. | source : www.wired.com
"Monetizing" + "business models" = zombieconomy. The reason monetization is a dirty word is simple. It blinds us to value creation, at the expense of value capture. When we seek to monetize, we end up chasing the same old lame competitive advantage. I win, you (you, and you) lose. Put another way: "monetizing" toxic junk - from CDOs, to Hummers, to McMansions, to Big Macs - is how we got into this mess. | source : blogs.harvardbusiness.org
Twitter was born about three years ago, when @Jack, @Biz, @Noah, @Crystal, @Jeremy, @Adam, @TonyStubblebine, @Ev, me (@Dom), @Rabble, @RayReadyRay, @Florian, @TimRoberts, and @Blaine worked at a podcasting company called Odeo, Inc. in South Park, San Francisco. The company had just contributed a major chunk of code to Rails 1.0 and had just shipped Odeo Studio, but we were facing tremendous competition from Apple and other heavyweights. Our board was not feeling optimistic, and we were forced to reinvent ourselves. | source : www.140characters.com
It made me think about how, for better or for worse, collective action for change often requires a period of collective discomfort, or collective anger. Lean times can arguably beget innovation that is smarter than the innovation that springs from fatter times; innovations that are more practical and effectively more sustainable from both a social and financial standpoint. | source : www.worldchanging.com