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Home > Blog > March 2010

Archive for March, 2010

15 TAKE-AWAYS from SXSW

Posted March 17th, 2010 by admin

Listening to the stars of Web 2.0 over the course of four days in Austin, it’s tough to narrow the list of thought-provoking points, however, here are few ideas and resources shared by panelists and speakers from a broad spectrum of industries (not in any specific order):

1. The Gen Y demographic (born 1977 - 1997) is the first generation to grow up with entrepreneurial role models (instead of corporate). More resources at colleges and universities to support entrepreneurship than ever before.  Donn Fenn, author UpStarts!

2. Every layer you put between you and your audience, are all the more ways the relationship will get screwed up. Gary Hustwit, Objectified documentary Producer 

3. Google grants. In kind advertising for non-profits. Non Profit Marketing Panel

4. Just because something is public, doesn’t mean we want to publicize it.   Danah Boyd, Microsoft Research

5.  Develop your interaction and feedback channel first, then layer content on top. This is the new publishing model. Paul Ford, Harper’s Magazine Editor

6. DIY U: EduPunks, EduPreneurs and the Coming Transformation of Higher Ed. Author Anya Kamenetz

7. Whatever you start out thinking your business model is, your basic assumptions are wrong. Evan Williams, CEO, Twitter

8. Content is the cost of entry. Gary Vaynerchuk, VaynerMedia/Wine Library 

9. Students are invested in the ties (community) not the technology. Donn Fenn, author UpStarts!

10. What are you doing to drive or incent your power users - Contests? Advance information? Access to unique content? Naveed Anwar, Senior Director, Developers Network, PayPal

11. It’s not about hiding, it’s about maintaining space to open up.(as it relates to posting on Facebook and other social media.)  Danah Boyd, Microsoft Research

12. Be passionate about a “thank you” economy. You can’t scale caring. Gary Vaynerchuk, VaynerMedia/Wine Library 

13. Stickybits.comThe hit of the event schwag bag!

14.  Make it easy for users to participate and get content. Don’t let data gathering (filling our lengthy forms) get in the way. Naveed Anwar, Senior Director, Developers Network, PayPal

15. Everyone wants to be a 19 year old kid and close too fast. Take time to build a business relationship. Gary Vaynerchuk, VaynerMedia/Wine Library

Kickball, Rap, and Online Community Building

Posted March 14th, 2010 by admin

I’ve never considered rap and kickball an option as part of a networking event, but then again, I’ve never attended SXSW either. I’m surrounded by some of the brightest - and youngest - entrepreneurs and business owners in the world in Austin. This new crop of business owners brings an entirely different level of engagement to a conference. It’s not that these guys aren’t serious, they just interact with each other in different ways. Quite different than the formal, stuffy, executive conferences I’ve attended where golf and shopping were the off-site activities. 

Inside Saturday’s forum, developers from Foursquare and PayPal shared their views on how to incentivize web visitors to become power users. Points, contests, or in Foursquare’s case becoming “mayor”, are all ways they encourage communities to attract and retain their best web customers.  The ability to offer these power users access to early beta tests, advance information, input on design, anything that would make this group feel special, is the way to attract and retain a loyal community.

Outside the session, Foursquare armed their team with a box of low-tech chalk. The guys were busy drawing on the sidewalk encouraging attendees who crowded the lunch trucks, the SoBe tent, or who were lining up to take test rides in a new red Chevy convertible, to “check in” on Foursquare and let the world know of their real-time location.

This mixture of fun and serious business continues all day, every day here. It’s perhaps the most impressive characteristic of this group. Anil Dash, the guy behind Expert Labs government crowdsourcing  research in Washington D.C., announced he was headed to a spirited kickball game. He posted his plans on Twitter (@anildash), trying to lure competitors to the park for free tacos (at 10:30am) and fun. 

One of the keynotes was quirky Danah Boyd from Microsoft Research in New England. Dressed in gray and white striped socks and red laced boots, she regaled the hundreds in attendance with examples of recent privacy blunders on the web (Facebook and Google) suggesting “just because something is public, doesn’t mean we want it publicized.” Her final comment to developers, designers, and marketers was to make sure we are building a world we want to live in. During her presentation, two artists sketched enourmous artistic renderings of the speech, putting her ideas and thoughts into art, right there in front of us as we listened. If that isn’t creative enough, a rap artist is taking the ideas from each keynote and turning them into a musical rendition to be posted later this weekend.

Off site meet ups have been hosted by the likes of Mellow Johnny’s, the renowned local bike shop associated with Lance Armstrong. While shopping for top-notch cycling attire, attendees heard the CTO of Pixar, and Twitter execs, discuss how to leverage social media to create an effective, profitable, campaign. In the midst of all this, film hot-shots were being interviewed with the whirl of tires being aligned as the back drop.

Examples of this type of high energy interaction between the local community,  business professionals, young entrepreneurs, and event attendees takes place continuously in Austin. These guys have figured out that everyone engages in a different way. Whether it’s music, visual, face-to-face, podcasts, print or video you can find what sparks your creative engine at this event and learn from it. These are all ideas we should consider and act upon as we build and expand our own network in PA.

Millersville University Makes Big Splash at HydroWorx

Posted March 4th, 2010 by admin

HydroWorx CEO, Anson Flake, has extensive experience working with colleges and universities in his line of business. As co-founder of the company, he’s enjoyed success manufacturing and selling premium aquatic therapy pools to big name institutions and organizations in the NFL, MLB, NHL, and NCAA. I sat down with him to better understand the impact academia, and ITN, could have on expanding a business like his.

In Pa, ITN has assisted HydroWorx by connecting the company with talented faculty in graphics & design, and business at one of our members, Millersville University. Together the faculty pair led a select group of students as they compiled and ultimately presented their findings on market research and competitive analysis to company executives. From Anson’s view, the collaborative opportunity injected a small team into his company for a short-term, specialized project. As he put it, a faculty team identified by ITN is like having your own scout for research talent. ITN did the searching, calling, and connecting of faculty in his designated sweet spot while faculty did the heavy lifting guiding, leading, and supporting students as they addressed real-world issues from HydroWorx.  

According to Anson, ITN’s model of representing a group of small colleges and universities is both a pre-launch and post launch opportunity for companies. Pre-launch involves demographics, market validation, product development, packaging, messaging, the works. Post launch is all about studies to confirm and validate the product deliverable, lending further credibility to the product once it lands squarely in the market.  With so many experienced faculty to choose from, across such a broad spectrum, the odds of finding the right fit are equally as good, if not better, than working with only one institution.

For students, the experience is one more notch on the belt for those seeking every advantage in building their portfolio and getting a foot in the door as a future hire. In this case, the Millersville student’s successful data collection and information analysis was integrated into HydroWorx existing research and is being used to enhance their decision-making process. These budding professionals got the chance to understand working on a specific timeline, under pressure, and making presentations that had an impact on real business decisions, and then hearing the feedback. All while calling a dorm room home.

Back at ITN, we’ll continue to work on the challenges - coordinating schedules, improving communication, and increasing face time between companies, students, and faculty, all immersed in crammed schedules. This project was a great chance to get our feet wet with HydroWorx, and now, as we discuss our next joint effort, we’re ready to take the plunge.