Oct 9 / 8:43am

Problem with books and authors

They take too many words to express too many ideas in too confusing ways.

I think this problem is so deeply entrenched in society. It probably carries over from the newspaper world where...

more words = more paper = more ad space = more money = better. 

But it is absolutely killing nonfiction genres like business and self-help books. I can see my sister arguing for more words for her fiction masterpiece but that is fiction and perhaps they need more words simply because fiction is read to enjoy the words. Non-fiction is often read to get a meaning out of it and put the book down.

Too many people with great ideas babble on and on. Just make your point. Your goal should not be to get me to read 300 pages.

Your goal should be for me to read your two or three points and ponder it for the rest of the week, and talk about it with friends and blog about it and put it to practical use. Trust me, as a reader, that is more challenging than scanning my eyes across a zillion words!

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Oct 8 / 10:24pm

OCD about traffic

The fingers on my two hands are not enough to count the number of projects I have launched--and shut down--because no one went to it.

During that phase of my life, I would get an idea, build it and launch it.

These days, almost every idea I get is accompanied by a concrete means of marketing. This didn't happen overnight. But as I saw failure after failure due to one repeated problem, I started adjusting and filtering ideas. I like to think that I am at a point where my mind automatically shuts down any idea from concious thought until there is a concrete, guaranteed way to get enough traffic to validate or invalidate the product. Nothing stinks as bad as launching something and having to shut it down prematurely. Never again!

At iJigg this meant signing up beta members one at a time before launch. At blinkness, it means flooding the campus with 10,000 flyers.Both have paid off big time in their relative ways!

Have an idea? I encourage you to be OCD about how you're gonna get traffic from the second you launch.

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Oct 8 / 8:38pm

Unsucking.

You know that one thing you're really good at? Such that 99.99% of the time you're better at that thing than anyone else in the room. That one thing can be very specific. You might know more about Kobe Bryant than anyone else in a 100 mile radius. Or you might know more about telling good dope from bad dope...better than anyone else. 

We all have that one thing.

After a decade of computer programming, for me it is very easy to map out a new idea in my head within seconds. Literally. When I get an awesome idea, I can see the code, the UI screens, the database structures almost all at once in an instant.

That is what I am good at.

Here's something I was not good at: making deals happen. Few years ago, for weeks at length I would try to imagine what the so-called bizdev guys do. It was sooo out there for me. "How do they come up with the deal?" "How do they make sure it happens? And succeed ?" lt;/em>I was equally amazed by how Chief of Marketing folks at big corps actually make stuff happen so predictably, quarter after quarter, year after year. As someone from startup-land, I was full of envy of the folks who, despite working for The Man, could deliver consistent results. The lack of consistency in getting users, making money, keeping the lights almost defines a startup.

Two years since I initially got thinking about this, I reached the conclusion that this is a mystery to me. But there is nothing inherently mysterious about sales and marketing. It is just another way of thinking that I have never invested much concentrated effort towards.

When I returned to UNC earlier this year, I made it a point to understand how this shit works. Last semester I took a Marketing Analysis class at the b-school by Tarun Kushwaha(an awesome professor, btw). It was eye opening to say the least. I learned not only the theory behind segmentation, targeting and positioning but saw firsthand how to do those things in Excel and apply them in the field. I learned about taking survey data, putting it through the mixer and being able to mine new product ideas off it. Very eye opening stuff again!

This semester I am taking two classes: Sales Management and Market Strategy. Both classes include a simulated game.

In Sales Management, we are groups of sales managers in charge of (1) picking sales people from the provided resumes (2) assigning 'em to regions (3) setting salary/commission (4) deciding what market research we'd like.

I remember going through the thick case packet the professor handed out. It made very little sense. Immediately upon feeling this packet, I thought about a packet of similar size given to me in my Computer Science class back in high school. While the rest of the class stared aimlessly going back and forth between the pages, I could instinctively ignore the 99% bullshit and jump to the 1% that contained the solution. Only this time, with my Sales Management packet, I found myself amongst those overwhelmed with the data. It was one of those moments where I told myself "YEP! THIS IS WHY I AM HERE!". I came to this class to learn. And learn I would have to if I was to make any headway with this!

My group came second last after the first round. After round four, we are ranked #1:) But that's besides the point. The best part is to be able to go back to that thick packet and plough through the bullshit and find the solution. I have a looooong way to go before I really get this stuff, let alone master it. But damn I like what I've learned so far!

This is what un-sucking at something boils down to, I think:

1. you can take a bunch of data(either on paper or in your head)

2. skip through the bullshit

3. find that 1% of treasure.

4. all in a (relatively) small amount of time.

At the start of this post, I said this:

After a decade of computer programming, for me it is very easy to map out a new idea in my head within seconds. Literally. When I get an awesome idea, I can see the code, the UI screens, the database structures almost all at once in an instant.

This summer I ran into a friend from class. She was doing an internship where she got paid on commission. When I met her, I grilled her on the numbers. It took less than 30 seconds. A few more steps of algebra and I knew how much that company was making! Couple years ago this would not be possible. I would have never gotten or cared to remember the numbers--let alone draw any conclusions from 'em!

 

 

 

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Oct 8 / 6:22am

Impact of Customer Testimonial in online shopping

Resnick Montania 2003 Perceptions of Customer Service Information Privacy and Product Quality From Semiotic...

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Oct 7 / 10:41pm

Brand recall and Suggestive names

On the basis of interference theories of memory, we argue that choosing suggestive brand names actually can hamper subsequent marketing communication efforts to reposition the brand in new, unrelated directions. That is, when strong links have been formed in memory between a suggestive brand name and its original product positioning, consumers might fail to create new brand associations when exposed to marketing communications designed to reposition the brand. Moreover, even if new brand associations are formed, consumers might overlook them in favor of brand associations related to the original product positioning when later thinking about the brand. Consequently, it may be easier to add new brand associations if the luggage initially is named Ocean than if named LifeLong.

--The Effects of Brand Name Suggestiveness on Advertising (KL Keller, SE Heckler, J Michael - Journal of Marketing)

This is why I picked Blinkness as the name:)

 

 

 

 

 

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Oct 6 / 12:40pm

What would happen if...

you wrote a book, printed 500 copies, place 5 copies in the 100 most visited bookstores across the U.S? Forget inking a deal. Just go and place free copies. No one would know, right? Until the cashier rings it up. 

As a bonus, you can place your book next to a bestseller or something.

 

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Oct 6 / 12:20pm

Lil Roach - I'm Tired of Being Broke (explicit)

  
(download)

How many startup founders could this apply to:)

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Oct 6 / 12:02pm

Startup Waste

Story #1

A classifieds site I launched during my freshman yr was an epic fail. No one used it. Moreover, I didn't really figure out a way to tell people. But I always had a liking for the UI I face. I kinda felt sad no one would end up using it.

I ran into a screenshot of that site. And guess what? It looked A LOT like my current venture, Blinkness.com.

Without even having tried, I was able to carry over a lot of the "waste" from failed site 3 years ago to my new venture.

Story #2

Inquiring minds often ask me how I came up with the name "Blinkness.com" for my latest venture. Truth is, I didn't. Blinkness was supposed to be a news aggregator. 

The idea didn't go anywhere. But I always liked the domain. I would literally fantasize of ideas I could launch on that domain. After spending a couple sessions thinking of a name for my new venture, it hit me. I didn't need to. I already had Blinkness.

Consider your failures not as a waste but as a portfolio. Like a patent portfolio. What's in your Startup Portfolio?

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Oct 6 / 11:48am

Chapel Hill, San Francisco and Posterous

In San Francisco, it would be odd to not run into something odd for every block you walked. As an iPhone-toting guy, Posterous' email to blog feature made it super simple for me to share the randomness I ran into with all y'all. Some were funny. Some sad. Each one of 'em interesting!

So when a friend asked me why I quit posting these kinda pictures, I started thinking. It didn't take me long before I had the answer: I have nothing interesting to post now that I am back in school in Chapel Hill.

One thing that is true for every one of my picture posts in San Francisco is that I posted them without much thought at all. On the contrary, the few times I have posted stuff while in Chapel Hill, I have found myself deliberating for minutes at times whether this is interesting enough. Or am I just trying to fill up a blog post? Too many times the answer has been the latter.

So I quit. I will stop trying to post pictures from this awesome town.

And I'll go back to the true spirit of this blog: posting interesting stuff without much thought. In the case of Chapel Hill, they will come in the form of my ideas I hop onto between classes and my ventures.

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Sep 16 / 1:13pm

Encyclopedia of Major Marketing Campaigns

Sooo full of gems!!

Stay foolish. Stay hungry. -Steve Jobs

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