I read their blogs here and there, and read some very interesting posts. So i figured it would be time for me to share posts that i think are motivational and useful with anyone who wants to read it.
Six months ago my company hadn’t even launched. Last week we found ourselves being talked about everywhere in Britain — a full page story in The Sun, the country’s biggest newspaper, columns in most of the other nationals (both online and offline) and pickup in literally hundreds of regional newspapers, radio stations, trade publications and blogs. How? Simple: We used our strengths — the data we live and breathe every day — and released a survey of the best and worst cities to find a job in the U.K.
Some really good tips. Credibility is probably the most important to me here, without you can kill every chance you may have.
Plan B is what you pivot to when you recognize that a new opportunity has more potential than the one you are working on. Sometimes you change to Plan B because A is not working, which is what most think when they hear “Plan B.” But sometimes A is working, yet Plan B appears to have more potential. Regardless of the reason for shifting, the best Plan B’s are different but related to what you are doing now; this way you can apply the lessons you’ve learned to date to the new plan.
This is right on. It's not necessary that Plan A was not going to work, but it's that you recognize a bigger opportunity in plan B.
What to Build?
This post-mortem is an attempt to describe the fundamental flaws in our product model (Plancast) and, in particular, the difficulties presented by events as a content type.
The key points:
What’s next for Tumblr, which just raised a bunch of money
That's $4.5M in 2008, $5M in 2010 and Sequoia is leading a round that will add “between $25 million and $30 million” in funding at a valuation “in the ballpark of $135 million)
and brought in some senior management? Well, monetization, for one thing. Karp said Tumblr is pursuing “novel approaches to revenue,” including selling blog themes.
At 15 billion page views per month across more than 41 million blogs, “with that many page views we could throw AdSense up there tomorrow and be profitable,” Karp said. But that’s not what he wants to do.
Yeah Adsense is defintiely not the way, not something Tumblers will like to see on their blogs.
The most interesting thing here is his feedback about the network effect:
When the site really took off was when the curators — people who primarily respond to other Tumblr users’ content by “reblogging” it on their own pages — came on board.
Tumblr is about 10% content creation & 90% content curation - others sharing & grouping stuff they like." David Karp, CEO #DLD12
— Bill Gross (@Bill_Gross) January 23, 2012
Every time you want to make any important decision, there are two possible courses of action. You can look at the array of choices that present themselves, pick the best available option and try to make it fit. Or, you can do what the true entrepreneur does: Figure out the best conceivable option and then make it available.
And that ain't easy!
A successful product is one that constantly teaches users how to use it.
This gives users the confidence that they understand the core feature of your product. From there, they'll be able to explore everything else, and hopefully become a power user.
At the end of the day, a product that is trying to be too many things at once is going to just confuse users. People want products that solve specific problems well. And the best way to do this is to focus on core features and teach users how to use them. Everything else is secondary.
© 2013 http://www.bumpzee.com/
