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More about KaosPilots

I want to tell you more about KaosPilots. I first heard about the Danish business school in this month's (April 2004) issue of Fast Company. Heath Row wrote a one page article about the school and their book KaosPilot A-Z. The book was published in Danish a couple of years ago, and recently translated into English.

I got intrigued with the school and contacted them to see where I could get the book in the U.S. The school principal Uffe Elbaek and I had some conversations. We decided to start selling the book here at A Penny For... I figured I had an audience that likes unique content.

I really liked the book. It is a great combination of innovative business thought and wonderful photos. I share with you some of those thoughts over the next couple of days.

Building a Business

I filed papers this week for my new company. I decided to form a single owner limited liability company. Since I was the only owner, the accountants pointed me in that direction. In Wisconsin, the forms are all online and for $130 you can have you own legal business entity.

I needed to come up with a company name for all of the paperwork. I always liked the name of the videogame company Rockstar Games, producer of Grand Theft Auto and Max Payne. I decided to look for another occupation with the same punch and a slightly cleaner image. The first thing that hit me was astronaut. It was probably all of the talk about the Mars rovers lately. I just liked the images it conjoured up - honor, adventure, pioneer, elite. The name for my new company of Astronaut Projects, LLC.

Your next question is going to be, "What are you going to do?". Well, I have my fingers in a lot of different things and I am waiting to see what develops. The nature of the work is going to be project based. It is going to be a combination of business development, marketing, sales, and business strategy for people. You can call me a contractor who can perform those services.

My first project is working with KaosPilots (a Danish business school) and creating a wider audience for their book. To do that, I have created The Penny Store and we are going to start by selling it direct. I am going to talk more about the book this week.

There have been some great connections I have made through talking with other business bloggers and the Business Blog Book Tour. As more things develop, I will share them.

Business Blog Book Tour #3 - Seth Godin

I am really excited to announce that the third Business Blog Book Tour will feature best-selling author Seth Godin and his new book "Free Prize Inside".

What's the Free Prize? Seth started to answer the question with this entry from his blog.

The tour will run from May 3rd to May 14th and you can find details about the tour this page.

Word-of-Mouth Goo Goo Gaa Gaa

marketingsherpa has a new interview with Baby Einstein founder Julie Aigner-Clark.

I thought this was another good example of customer evangelism. Aigner-Clark spent very little money on advertising. What she did was leverage the already established networks of mothers and their play groups. Somebody would mention how much their child enjoyed a video and the word spread.

Mothers in the media also took notice. Baby Einstein ended up with features in People, Time, and Oprah.

There are other good tips on product launches, balancing relationships with customers, and knowing when to sell your business.

Cuban on Passion

I know I have been linking to Cuban a lot since he started his blog. I really like his latest post on business and passion.

The best team I ever worked on understood what Cuban is getting at. We would put ourselves into a conference room, close the door, and often scream and yell at each other as we worked out project details. After the meeting, we would all go out to lunch and life would go on.

It was tough because everyone needed to be in the same place for it to work. It required a lot of trust built over time. Team members had to understand it wasn't personal. The primary objective was to come to the best solution for our customers.

It worked for us.

Marketing the way it should be

Crispin Porter & Bogusky look at marketing differently. This Miami-based agency is responsible for the campaigns for truth (anti-smoking), Mini, Ikea, and Molson. Business 2.0 has a feature in their April 2004 about the company. Fast Company had a one-pager on CPB in their March 2004 issue.

Favorite quote from creative director Alex Bogusky talking about products: "Get close to it; find out everything good about it; even try to improve it."

Carpe Diem

I am working on a proposal this morning and was looking for the Latin dummy text you always see in Microsoft documents.

Lorem Ipsum will auto-generate it for you. You also get a little history to boot.

Small Business Bust

Lessons Learned the Hardest Way, by Going Belly Up is a piece that ran in the NY Times on Feb. 24th. It tells the stories of four business owners and the closure of their businesses. Take note of which failures came from factors that could be controlled (one dominant customer leaves) and which failures were beyond control (D.C. sniper shootings keep customers home).

[via inluminent]

New Biz Blogs

I have been busy with the BBBT the past couple of weeks. This is the first chance I have to highlight some new kindred spirits.

Blogging about Blogging

There seems to be a lot of blogging about blogging lately.

Ripple writes about blogging for a long time.
Jeremy is not sure he wants to keep blogging.
BloggerCon is coming up and that is generating lots of talk.
People don't like that they aren't on the A-list.
And the conversation about making money with blogs continues to grow.

I realize between bloggers that this is going to be popular topic. I have posted multiple times on various aspects. I guess I have just reached the saturation point.

My thoughts:

  • Any blog worth reading is written by a person and from a perspective. That's why people like reading them.

  • People who write blogs do it because they enjoy it. They want to share their thoughts with others

  • Blogs are about finding people who share your interests. And it is about the dialogue that takes place in that loose community. My wife got tired of hearing my cute little business stories. My blog gives me someone to tell those stories too.

  • I don't care that I am not on the A-list. I'll be honest though. I do like knowing someone is reading my stuff.

  • Blogs are dependent on people, so if someone decides not to blog any more, so be it. It could be lack of time, lack of energy, or lack of something to say. There are many great blogs that have disappeared for all those reasons.

  • If people want to promote, advertise, or sell on their blog, so be it. I don't think I will ever have advertising here; I find it distracting. I already sell through Amazon links. I may do a little more selling in the future. I think you do all of those things at risk of your readers' wrath or defection.

ok...I think I feel better now.

True Innovation

Rolex Awards for Enterprise is a contest designed to support innovative ideas.

The winners of this year's contest and their ideas are truly amazing and inspiring.

For example, Nigerian Mohammed Bah Abba developed simple cooler using two pots and filling the space in between with wet sand. The evaporating water causes a temperature drop and keeps the inner pot cool. The "refrigerator" doesn't need electricity. Eggplants can now last 27 days rather than three. Farmers don't need to sell their produce in a hurry and there has been a revival in the local pottery industry.

Be sure to check out all five inventions.

[via venturpreneur]

Books Ben and Jackie Recommend

Since we just finished the book tour, I thought I would give you some more potential reads.

Here is a list of books that Ben and Jackie recommend at the end of their Discussion Guide.

Another tour draws to a close

I want to thank Ben McConnell and Jackie Huba for sharing their thoughts on Creating Customer Evangelists.

I also want to thank all of the tour stops for their time and their hospitality.

If, for some reason, you haven't purchased the book yet, go buy it now. This is the newest Essential at A Penny For... and I strongly recommend it.

Ben and Jackie have also written the Creating Customer Evangelists Discussion Guide to go with their book. It is great for using with a team as you build evangelism into your business.

Next week, we'll be announcing the next book for our May Business Blog Book Tour.

Stay Tuned.

Q: Since this is a

Q: Since this is a book tour, how would you tell a bookstore to create customer evangelists? How does a distributor create evangelists for other people's products?

For bookstores, one model is City Lights, the legendary San Francisco hub in the Haight Ashbury district. It has a colorful history, a distinct political viewpoint and a rich selection of works from beat poets. In other words, it has a well-defined cause -- the expression of a liberal political and artistic viewpoint via its inventory. It's not for everyone, but it's a Mecca for many people, both locals and tourists. Because it's a Mecca, it is rich with evangelists.

Conversely, big-box stores try to be all things to all people. Just as the television networks are being marginalized by specialized content on cable, so goes the possible future of mass-audience bookstores. If they compete merely on price, they'll lose to Amazon, which has thousands of evangelists for its selection, low prices, and ease of use. That's where a bookstore experience really matters.

During our U.S. book tour last year, we did many talks and signings at Barnes & Noble and Border's stores, and we loved meeting their hard-working and friendly employees. Those two companies have led the way in adapting the Starbucks model of a comfortable place of community, but with no disrespect intended to our many friends there who carry our book, they're akin to McDonald's in their sameness. How does the typical customer define the difference these days between Border's and Barnes & Noble? It's nearly impossible.

A distributor, like any B2B company, differentiates itself by its service. To generate healthy evangelism, the employees at a distributorship must believe in the products they're selling. If they don't, find something else to sell because your lack of authentic belief is easily telegraphed.

Second, a distributor must focus on creating emotional connections with customers. A distributor may not own the products, but it owns the customer. The connection must be so strong, and the service so valuable, that a customer would be heartbroken for switch. Some B2B companies may say their customers purchase on price, and only price, but try telling that to Southwest Airlines, which competes in the commoditized airline industry yet leads all of its competitors in word of mouth, top-line growth and profitability!

Q: I am a big

Q: I am a big believer in measurement and how they drive behavior. You mention over 30 potential measurements of evangelism. Where would you tell a company to start as they try measuring their current level of customer evangelism?

A: Excellent question. Here's how we suggest an organization approach customer evangelism measurement:

Task 1: Strive to ask 100 percent of your customers "How did you hear about us/our product/our service?" An excellent response rate is at least 90 percent. Here's why it matters: Build-A-Bear Workshop knows that 50 percent of its business comes from word of mouth, 40 percent from walk-ins at store locations and 10 percent from a aggregate group of various sources. As a result, the company smartly focuses its marketing on word-of-mouth.

Task 2: Cull the following measures from your most loyal and enthusiastic customer evangelists:
* What do they say, specifically, about your company/product/service? (Knowing their specific, word-for-word pitches should help you adjust your own marketing)

* How many networks do they belong to? (They can help you find more people like them inside their networks)

* Who are your top 10 evangelists in terms of generated referrals? (Think about developing a special "insiders" program for them)

* Who are your top evangelists for purchased products/new business?

Task 3: Ask as many customers possible if they have referred you -- yes or no. Forget measures such as purchase intent or brand awareness; they're useless because they don't measure action. Ask customers if they have actually referred you to others. Whether the answer is yes or no, develop a series of follow-up questions to understand why.

Cuban invasion

Q: I would like to get your thoughts one of your case studies - Mark Cuban and the Dallas Mavericks. What do you think of his new blog?

A: Cuban is an incredibly smart and savvy businessman, and a brilliant marketer. Someone asked us during the course of our research for "Creating Customer Evangelists" if Cuban was smart or just lucky for having sold his former company, broadcast.com, to Yahoo for nearly $6 billion. Our answer: If luck and good fortune were the streets of a city intersection, Cuban would own all of the property in the neighborhood.

Considering how computer-savvy he is, we're wondering why it took Cuban so long to launch his blog (which debuted earlier this month).

That said, what's he written so far is pure Cuban: provocative and outrageous. In explaining why he's referring reporters to read his blog for quotes, he writes: "[It's because of] the satisfaction of knowing that each [reporter] will have to explain to their editors what a blog is — and argue for who knows how long about whether or not BlogMaverick.com is an attributable source."

Questions for Cuban

Dan Gillmor asks Mark Cuban five questions about his new blog.

[via Weblogs Inc.]

Business books, the early years

Q: Talk a bit more about the two books that you recommend at beginning of your book, Customers.com and Futurize Your Enterprise. What did you like so much about those two books? Would you still recommend them?

A: When it came out in 1998, both Jackie Huba and I loved "Customers.com" because it presented a vision for ecommerce that was customer-centric, not design- or brand-centric. Unfortunately, too many marketing directors believe that a website is more about maintaining an image than providing real utility or function. The book was, and still is, a brilliant treatise on delivering an Internet experience that's driven by a customer's experience.

We both loved "Futurize Your Enterprise" because author David Siegel evangelized how the Internet was going to change the world. Even though the book was published in 1999, the chapter on "The Truth Economy" still resonates today.

Get Caught Up

If you have missed some of the BBBT, you can go the CCE tour page. I have compiled an index of the links from all the stops.

I also have the same setup for our last tour with Barry Moltz.

Enjoy!

Final Stop on BBBT

Today is the final day of the Business Blog Book Tour.

Ben McConnell and Jackie Huba, authors of Creating Customer Evangelists, will be posting through out the day. We are also going to be cover some different topics.

So, give a warm welcome to Ben and Jackie [applause]...

Penny and Me Available

I know you have all been waiting.

You can now download Hanson's "Penny and Me" from iTunes. "Love Somebody to Know" is the B-side on the EP.

Mishaps will happen

If you were looking for the BBBT at Startup Skills.com, it seems we have been a victim of lost mail and spam filters.

You can pick up the tour tomorrow with Doug at the Small Business Blog.

Guru Red

FC Now highlighted the Guru Red Manifesto today.

To go along with the Customer Evangelism/Cluetrain conversations we have been having, take a look at Point #13 - Lemmings. Respect the Tribe:

Whether it’s clothes, computers or food, most people emulate and copy other members of their tribe or social group. Children learn behavior by copying those around them. Adults do much the same. People mimic the behavior of their peers whether they are choosing an investment or a restaurant - even if their own judgment would direct them elsewhere. As people observe and follow each other, they contribute additional momentum to the vortex, in turn drawing in more people. In a modern market driven economy it produces a unique result - a compulsion to copy the purchasing behavior of others, and the willingness to pay a premium to do this. The foundation of our remarkable success as a species has been our instinctive inclination to accept, mimic and propagate the knowledge, beliefs, attitudes and behaviors of others in our tribe. Ignore this aspect of human decision at your peril.
They use natural instinct to explain trends and fads. I wanted to draw out that its word of mouth and conversations which create 'the vortex'.

Pressure to be the best

This from MarketingWonk this morning:

In the middle of this MSNBC article on Google, an unscientific reader survey asks whether other search engines stand a chance against Google. With 8716 responses, 40 percent said "Yes, we're always looking for the next new thing," while 52 percent said "No, it's become a part of our everyday lives."

Even if just 40 percent of the people using Google now are willing to switch to other things, that is a huge liability for the Google team, pushing them to continue to be their best. So far they have been up to the challenge, but the new Yahoo algorithm is pretty strong, and MSN's spider has been actively building a database for future use.


It would be interesting to see other company names in that poll. I think you would find a similar response. There always seems to be focus on how easily people could leave Google and search with something else.

Most companies should feel the same pressure. Customers are always asking "What restaurant am I going to eat at tonight?" I don't think driving down the road another two miles for an alternative choice is all that different from clicking on another link.

Start the new week with the BBBT

Today, the Business Blog Book Tour is at Dana's Blog.

Business Books - A Comeback?

There is an article in the WSJ today about business books and the difficult run they have had [sub. needed].

One bright point is Mr. Trump's new book called 'Trump: How to Get Rich'. It is being released tomorrow and right now, it is #25 at Amazon.

Here are the other hopefuls for 2004:


From WSJ 3/22/04; Sources: Barnes & Noble, publishing companies

Wi-Fi around Milwaukee

Dana found this interactive map in the Milwaukee Journal.

I sent my addition - Lava Java at 1100 S. 1st St. in Walker's Point. Wi-Fi access is free. :)

A story I would tell

From Trevor Cook at Corporate Engagement:

Punctuation is important.

Cluetrain Conversations

I am currently reading Cluetrain Manifesto (I know I am way late on this one).

In the essay "Markets are Conversations" by Doc Searls and David Weinberger, they talks about customers and word of mouth:

It's nothing new, in one sense. The only advertising that was ever truly effective was word of mouth. , which is nothing more than conversation. Now word of mouth has gone global. The one-to-many scope that technology brought to mass production and then mass marketing, which producers have enjoyed for two hundred years, is now available to customers. And they're eager to make up for lost time.

My Making the Switch blog gets about 1000 people stopping by every time I ask a question and I get 15-20 people leaving comments. The decisions to buy a Tom Bihn carrying case and Nokia 3650 were based on word of mouth and customers evangelizing.

You can sell advertising for anything

Is anyone else tired of the CBS Dasani Sideline Cam yet?

BBBT

It's another great day on the tour.

We are at Jennifer's What's Your Brand Mantra.

They are examining 6 tenets of customer evangelism from a blogging perspective.

A couple examples of customer evangelism

I saw this great case study that marketingsherpa republished this week and I thought it went really well with our talk of customer evangelism.

The company is a Australian microbrewery called Southern Cross Brewers and their product is Blowfly Beer. The founders had no experience and there was really no prescient for microbreweries in Australia.

They decided to create a marketing campaign that involved their customers from the start. They decided to let their customers decide numerous aspects of the company including the logo, shape of the bottle, and location of the launch party. Go read the case study.

FC Now also had a post about this yesterday. The inspiration for the viral campaign was from a Fast Company article in the April 2002 issue. "Who's Runs This Team, Anyway?" is about Finnish soccer team PK-35 and Finnish entrepreneur Jussi Rautavirta. Rautavirta and coach Janne Viljamaa used cellphone text messaging to allow 300 fans to give advice during games on things like team selection and game tactics.

Blowfly is working on a number of deals outside Oz, but it seem PK-35 has gone back to the coach running the show.

BBBT @ BE

Check out the Book Tour and Customer Evangelism at Business Evolutionist .

A image that won't die

I heard an odd story on talk radio here in Milwaukee yesterday. Mark Belling had a segment on his afternoon show about an article that appeared in Saturday's Milwaukee Journal-Sentinel.

The article talked about a local furniture store by the name of Dinesen's Leather Only. The store is well-known for its commercials on local television. The owner Frits Dinesen was a staple in them with the line, "Once you visit us, you'll wish you found us sooner."

It seems that Mr. Dinesen died six months ago. The odd part to the story is that they are continuing to run ads with him in them. His wife Lynn says she is not keeping the death a secret. Employees were told that they could confirm that he had died if someone brought it up, but they were not to volunteer the information. "Our store is small. If people knew Frits died, they may think the store is going to close," his widow said.

The whole thing is a bit weird. Why would people assume the store was going to close? Businesses continue to operate with the owner's name after he has passed away. I would say the commercials are almost deceptive by continuing to show him pitching for the store.

Like I said, it is a bit weird.

Mark Cuban's Blog

You are going to need to add Mark Cuban's blog to your daily reading habit.

It shows so well how the power of the media is being drained by the creation of new outlets. Cuban tells stories about Dallas Morning News columnist Kevin Blackstone blatantly misquoting him and Chicago Tribune's Sam Smith starting rumors about Cuban talking to Pat Riley about a coaching job. In the past, there would have been no way for Cuban to set the record straight. His blog changes all of that. Both of these writers look foolish now.

[via scoble]

Blogs and Ads

You are starting to see more and more ads on blogs. In yesterday's WSJ, there was a piece covering the growing potential for blogs and advertisers looking for eyeballs [sub. needed]. A couple of blogs mentioned are Dailykos and TalkingPointsMemo. Both say they are pulling in between $4000 and $5000 per month in ad revenue.

Updating Your Values

I wrote about Jack Welch's editorial in the 1/23/04 edition of WSJ. The values Jack always pushed were the 4 E's - energy, energize, edge, and execute.

The annual report for General Electric came out last week. In the Letter to Stakeholders, Jeff Immelt announced a reshaping of the company's values around four actions - Imagine, Solve, Build, and Lead.

From the report:

Imagine at GE is the freedom to dream and the power to make it real. This requires the values of passion and curiosity. Solve reflects GE's unique ability to tackle the world's toughest problems and expresses our values of resourcefulness and accountability. Build requires a preformance culture that creates customer and shareowner value, and the word captures our values of teamwork and commitment. Lead reflects our spirit of optimism that embraces change, and our values of openness and energy; what it will take to win.

It mentioned in the letter that executive development classes suggested the change to "capture the spirit of GE as a growth company".

What do you think of GE's reformulated values?

April's Fast Company

There is a lot of good stuff in April's FC.

The highlights for me:

  • Jeff Immelt's leadership tips sharing the front cover with the Faces of Outsourcing.

  • Jena McGregor does a piece on business and blogging. A lot of the normal observations and conclusions, but some new stories of how businesses are using blogs.

  • Jim Collins proposes a business equivalent to The Fellowship of the Rings. It is the story of IBM told in The Maverick and His Machine, Father, Son, & Company, and Who Says Elephants Can't Dance.

I also noticed Amazon had a special sale on the hardcover of Elephants Can't Dance. It's $6.99 and they say quantities are limited.

BBBT #2 off and running.

The Business Blog Book Tour is off and running.

Yesterday, Rob did a fine job hosting.

Today, it is the boys at Brand Autopsy.

You'll find Ben and Jackie at Ensight.org tomorrow.

The Business of Books

If a business book sells 10,000 copies, it is considered a success. It is very rare for a business book to have blockbuster success like a Da Vinci Code or the latest Harry Potter. One exception is Good to Great by Jim Collins having sold over 1,000,000 copies.

I found that out recently and it really surprised me. I am not sure why. I guess I looked at my bookshelf and saw an awful lot of business books.

I have decided that Rob, Jon, and I are single-handedly supporting business book publishing in America.

They are talking about me

The Church has a great post on an article from the Chicago Tribune. With the drop in young men watching TV, the newspaper went on a quest to find them and found out what they are doing.

The attitude they found describes me to a tee. When my wife and I give gifts, we are always looking for something unique, something that fits the recipient, and something that wouldn't expect. That requires some searching (which I love doing) and requires keeping your ears open for suggestions from others.

At my other blog, getting opinions from others is the whole point. I posted a request for suggestions on a carrying bag for my new Powerbook and 14 people told me what they thought was good. After initially buying a bag, I returned it and went with one of their suggestions.

Word of mouth is powerful. Trust is precious. A lot of companies need to get on board.

Do A Little Extra

I spent yesterday morning the Milwaukee Dads group. This is an organized group of stay-at-home dads who get together a couple of times a week. This week was breakfast on Tuesday and a play group on Friday at one of the dad's homes. E. and I had a great time and will definitely be back.

As we were leaving the Baker's Square, the waitress brought out two pies and simply said that these were for the stay-at-home dads. I thought that was so nice of them.

I doesn't take much to create a big impression.

Songs with "Penny" in the title

Penny - Night Ranger
Throw a Penny - Bee Gees
Druscilla Penny - The Carpenters
A Bad Penny - Cat Stevens
Penny Is Poison - The Verve Pipe
Penny Lane - The Beatles
A Penny A Kiss - Tony Martin
Penny Lover - Lionel Richie
A Penny For Your Thoughts by Willie Nelson
Penny for Your Thoughts by Peter Frampton

Online Music and Mixes

A week ago today, WSJ led the Marketplace Section with an article headlined, "Online Music Rings Up New Sales With Outtakes, Mixes" [sub. needed]. The piece talks about how songs that will never make it on a CD are ringing up huge sales online.

A day after singer Beyonce belted out her soulful interpretation of the anthem at this year's Super Bowl, the recording was up for sale for 99 cents on Apple Computer Inc.'s iTunes Music Store, where it became one of the top-selling tracks for the week.
and
Last month, Apple put a version of "I Fought the Law" by rockers Green Day up for sale on iTunes at 10 p.m., after the song aired earlier that day as the soundtrack to a Super Bowl commercial for Apple and PepsiCo Inc. For the next two weeks, "I Fought the Law" was the top-selling track on iTunes and, since then, has bounced around the top three or four slots.

Rob Schoeben, vice president of applications marketing at Apple, says the Green Day track is a "world-wide exclusive" on iTunes, meaning it won't appear on other Web sites or in stores. Apple believes Internet-only music may be an important way to coax first-time users into buying their music on the Internet. "We think if there are things you can only get online, you can get people who are laggards to try online" music buying, Mr. Schoeben says.

I think both of these illustrate the idea I was talking about last week. If people hear something they like, they want to be able to go buy it right away. By offer these tracks, iTunes are filling that need and creating a unique revenue source that didn't exist before.

BTW, I don't buy the laggards argument.

New Film Making Powerhouse: New Zealand

I ran across an interesting article in WSJ [sub. needed] about film making in New Zealand. I should disclose that I have a soft spot for New Zealand. In 2000, my wife and I quit our jobs and traveled for a year. We spent 4.5 months in Australia and 2.5 month in New Zealand.

NZ is a wonderful country that has everything - mountains, glaciers, rain forests, fjords, dormant volcanoes. It is all that stuff that is making it a great space to make movies. Having Peter Jackson as a citizen doesn't hurt either.

I have copied a large portion of the article below. The copy was created from speech given by Ruth Harley, CEO of the New Zealand Film Commission. She talks about the seven things that have led to success with the film industry in New Zealand.

Continue reading "New Film Making Powerhouse: New Zealand" »

Books Mr. Buffet says you should read

Today, Warren Buffett released the Berkshire Hathway's annual letter to the shareholders.

The buzz today is that he recommends some books to read:

He gives a nod to Jason Zwieg's revising of The Intelligent Investor, originally written by Benjamin Graham.

There is one other book reference in the letter and you have probably heard this story. Every year, Buffet does a session with finance students from the University of Tennessee. Last year, the students gave him a copy of Jim Clayton's autobiography, First A Dream. Clayton is the founder of Clayton Homes, a powerhouse in the manufactured homes business. One thing lead to another and Buffet ended up buying Clayton homes last year. As a thank-you for the tip, each student got one share of Class B stock . Today's value is $3,136.

Two of these titles are already on Amazon's Top 25


P.S. Fast Company also had a take on the Clayton Homes acquisition in their Jan. 2004 issue.

Moltz visits Startupskills.com

Our friend Barry Moltz is visiting Richard and the folks at Startup Skills.com today. They are talking A Little Crazy again.

Check it out.

It's tough being an entrepreneur

Check out this great write-up on Small Business Trends. The post summarizes a discussion from Joi Ito's blog about the difficulty of starting a business in Japan. I thought it went well with our discussion last month about the similar situation in France. The included chart shows France only slightly better than Japan for entrepreneurial activity.

MMMBop

You know I am always a sucker for penny references.

Hanson was on On-Air with Ryan Seacrest today.

The lead single off their new album Underneath is Penny and Me. You can listen to a clip here.

Like almost everything here at A Penny For..., there is a business angle to this post. I first have to admit that I like Hanson's music. Their last album had stuff I enjoyed.

After they got done playing, I immediately went to iTunes looking to download Penny and Me. I couldn't find it. They listed all of their old albums, but nothing about the new one. I hopped over to Amazon and found the album will be released on April 20th. I would love to know how many people did the same thing I did.

I wonder if the immediate availability of digital media is going to require a change in the way it is publicized. I would argue that Hanson missed out on revenue today by not having the album available for purchase. Honestly, don't know if I will be as hot after the song a month from now. Fans of Hanson will be willing to wait. What about all the people who thought to give them another chance? Unless they start getting airplay, Hanson missed an opportunity to convert those prospects to customers.

Now imagine, Hanson ends their performance and says, "If you liked the new song, visit iTunes. The single and new album is available there today."

What do you all think? Is there any point in creating pent-up demand for product that can be experienced two minutes after you decide you would like to experience it?

Business and Blogging VI: Corporate Weblog Manifesto

Ben at the Church had a post last week about Robert Scoble. Being hailed as World's greatest blogger, I had to check him out.

I wanted to point you to his Corporate Weblog Manifesto. This goes along great with what I was talking about last week. The Manifesto consists of 21 points. I think they are all good, but #20 and #21 I like the most. They both go together well.

20. Be the authority on your product/company. You should know more about your product than anyone else alive, if you're writing a weblog about it. If there's someone alive who knows more, you damn well better have links to them (and you should send some goodies to them to thank them for being such great advocates).

21. Know who is talking about you


I had a publisher contact me this week to give me additional information about a book I had blogged about. That shows me companies are starting to look at what bloggers are saying about them.

A new endeavor

I have started a new blog.

Making the Switch is going to focus on the questions users have when they make the change from the PCworld to Appleland. It will run as long as I have questions.

I think the blog will be a great way to capture the knowledge for others who have similar questions.

I have also found the Apple community to be outstanding. There are 18 comments on my Apple post from last week. The new blog already has three comments and I started it 6 hours ago. It's that interest that is going to be the blog useful for myself and others.

I am also trying out TypePad for the task. I find it very simple to use. I'll let you know how it goes.

If you are an Apple user or if you are interested in what it is like to make the switch, join us over at the new place.

Oscars becoming a commercial event

Maybe someone is listening.

Last month, we were talking about Super Bowl Ads and Abnu from Wordlab thought Madison Avenue should take notice of the huge audience they have for the Oscars.

I watched the first 30 minutes of the Academy Awards last night and there were a few companies that rollled out new advertising. The first commercial was a Diet Pepsi spot. It featured Jason Biggs at an Oscar party with some friends. Next was a HP + Fender ad with lots of kids trying to play "Smoke on the Water". There may have been other ads.

Now, we just need the media to jump on the bandwagon and start talking about all of the cool ads the next day.