My year book cashflow model

Interesting way to monetize a community.

http://www.businessweek.com/the_thread/techbeat/archives/2009/08/myyearbook_woul.html

Cool tool we should use

http://mixpanel.com/

Interesting read

Article about the advertising model dying and newspapers considering a membership fee model.

http://www.nytimes.com/2009/08/17/business/media/17ft.html?ref=business

Social networking cashflows

Quick interesting read

http://thechronicleherald.ca/Business/9012699.html

Microsoft, Yahoo! Change Search Landscape

Wow, what a day and I come home to find out that Microsoft and Yahoo have struck a partnership deal to merge there search functions in order to become more competitive and innovative in a market that is pretty much dominated by the mega search company "GOOGLE". Check out the link, this is getting very interesting!!!

http://www.microsoft.com/Presspass/press/2009/jul09/07-29release.mspx

Web 2.0 and Beyond...

As consumers gain more freedom to pursue their own interest via collaborative participation they themselves will eventually satisfy their need for information about products that suit their interests. In doing so, eventually they will trust the information obtained via collaborative participation (ie shared experiences from consumers with certain products) than information straight from the supplier. The main question that still needs to be answered is: How will businesses react when collaborative participation becomes much more relevant than any type of marketing straight to the consumer? The answer is they will have to adapt - but how?

This article offers advice to businesses on how they should combat the inevitable change in consumer behavior in Web 2.0 and beyond. Businesses will have to pay close attention to consumers’ online behavior but the solution will be summed up with one word: Innovation!!!

http://www.mckinseyquarterly.com/Business_Technology/BT_Strategy/Managing_beyond_Web_20_2389

A Winning Strategy for Innovation

The referenced topic is another publication from McKinsey that speaks on a winning strategy to promote innovation. The referenced article written by Jonathan Bays and Paul Jansen gives instances were providing certain incentives or prizes has produce some of the most innovative projects and ideas. I thought this is relative to the group and the community to have efficient ways to promote innovation. Take a look and let me know what you think.

http://whatmatters.mckinseydigital.com/innovation/prizes-a-winning-strategy-for-innovation

10 Must-Click Entrepreneur Websites

We all have a little leader in us, therefore we have a little entrepreneur in us as well. Some have more than others and these individuals choose to enjoy there passion in life through creation and innovation. Here are some must click Entrepreneur Websites brought to you by Entrpreneur.com!!! Check it out!!!

http://www.entrepreneur.com/magazine/entrepreneur/2009/april/200694.html

Top 20 Most Popular Business Sites

I found this pretty interesting, it's the top 20 most popular business websites cited by eBizMBA. These rankings are data composed from many different sources such as compete, alexa rank, quantcast and various other research mechanisims. Check it out.

http://www.ebizmba.com/articles/business

Spike Lees views on UGC

http://blogs.ft.com/techblog/2009/06/spike-lee-with-user-generated-content-who-needs-ad-agencies/

Interesting article from NPR

More commentary on the current social networking model.

http://www.npr.org/templates/story/story.php?storyId=105493600

The Primary Innovation Centers

I started reading commentary from McKinsey&Company sometime late winter. They publish "The McKinsey quarterly" which highlights research and opinions covering a wide range of issues. This is the first article I have read from John Thackara who is an author and director of a small production company called Doors of Perception. His company teams grassroots innovators in Europe and India with designers to develop a sustainable future. I enjoyed this article because it gives specific examples of how innovation can evolve and be created.

http://whatmatters.mckinseydigital.com/innovation/the-innovator-next-door

Preparation Etiquette

Brent Bowers is an editor at The New York Times and The Wall Street Journal. His Column, In the Hunt, is designed to scrutinize the changing world of small business. One of his recent articles I found to be an important topic of discussion for entrepreneurs. It argues how successful entrepreneurs are able to strike the appropriate balance between enthusiasm and authenticity when pitching to angel investors.

http://www.nytimes.com/2009/06/11/business/smallbusiness/11hunt.html?_r=1&ref=business.html

Johnny Cupcakes, Business on the Rise!!!

Check out a new up and coming business, named Johnny Cupcakes. I first learned about Johnny Cupcakes through an article in inc's July/August 2009 issue. It's very interesting to learn how businesses come to life and how every business innovation has a different story. Check Johnny Cupcakes out on the link below from inc.com.

http://www.inc.com/magazine/20090701/how-to-start-a-t-shirt-company.html

Customer Service!!!

As a loyal customer to an enormous amount of businesses I walk into different establishments and expect the best service, but it normally doesn't happen that way. I usually get a grumpy employee that services my needs and a less helpful manager. During my visit to PC Richards and Sons on Atlantic Ave. in Brooklyn, NYC I experienced very bad service. How can us business innovator's and entrepreuner's develop a system of customer satisfaction while keeping our employee's motivated and our suppliers enthusiastic about giving us new and exciting merchandise for our customer's?

Well I have a great book to recommend

"Hug Your Customers" by: Jack Mitchell

This book is a phenomonal read and has opened my eyes to hugging and the positive effects it has on customers, employees, and suppliers. Check it out.

Big Business, Big Buildings, Big Thinking!!!

Wemeanbiz, is a blog for big thinkers and great innovators. We are here to enlighten the world with innovative business content and most importantly system thinking. We are going to grow together and build an innovative database that helps us and our users develop grand business systems. We are ecstatic to get to know the world and offer a means for business enlightenment. You can come to WEMEANBIZ and feel at home because this is your space as well. Team WEMEANBIZ welcomes you to endulge in the business innovation, system development and most of all FUN...

Much Love,

Eric Thornton "ET"

This is it

What up team? This is one of the first steps towards building the empire!!!