I need to add some notes here about Mike Caulfield's Wikity, but for now I just wanted this page to see the Twin Pages below!

Eric Ries reviews The Principles Of Product Development Flow: Second Generation Lean Product Development by Donald Reinertsen ISBN:1935401009. The use of economic theory to justify decisions is a recurring theme of the book. Its goal is to help us recognize that every artifact of our product development process is really just a proxy variable. Everything: schedules, efficiency, throughput, even quality. In order to trade them off against each other, we have to convert their impact into economic terms. They are all proxies for our real goal, maximizing an economic variable like profit or revenue.Therefore, in order to maximize the true productivity (aka profitability) of our development efforts, we need to understand the relationships between these proxy variables. (more)

Al Ries on Marketing. A slick marketer? A high-powered marketing whiz? A sales whiz known for high-profile Marketing events? I've written 11 books on marketing and spent more than 50 years in the marketing field, and I don't agree with anything Carly Fiorina has done involving marketing strategy at Hewlett Packard. "Synergies," according to Carla, would eventually make HP a leader in all of its businesses. What marketing expert runs around the country talking about synergies? Only CEO-s and Investment Banker-s do that... Marketing is 90 percent strategy and 10 percent execution. With the right name, the right target audience, the right position and the right timing, most marketing programs are bound to work. The difficult part is the 90 percent. The easy part is the 10 percent... Good Business Strategy improves execution. As a matter of fact, good strategy can be defined as a strategy that will allow better, more consistent Execution.

aka Audience Engagement Platform (more)

Marc Andreessen says the Market is the most important factor in Start Up success. In a great market - a market with lots of real potential customers - the market pulls product out of the startup... The product doesn't need to be great; it just has to basically work. And, the market doesn't care how good the team is, as long as the team can produce that viable product... This is the story of search keyword advertising, and Internet auctions, and TCP/IP routers... Conversely, in a terrible market, you can have the best product in the world and an absolutely killer team, and it doesn't matter - you're going to fail... This is the story of videoconferencing, and Work-Flow software, and Micro-Payments... Can't great products sometimes create huge new markets? Absolutely. This is a best case scenario, though... The only thing that matters is getting to Product Market Fit. Product/market fit means being in a good market with a product that can satisfy that market... Carried a step further, I believe that the life of any startup can be divided into two parts: before product/market fit (call this "BPMF") and after product/market fit ("APMF"). When you are BPMF, focus obsessively on getting to product/market fit. Do whatever is required to get to product/market fit. He reference's Steve Blank's Customer Development thinking. How does this compare to Crossing The Chasm?

Number One Son let his IPhone install an IOS update last night. (more)

The CommodityFuturesModernizationAct of 2000 (CFMA) is United States federal legislation that officially ensured modernized regulation[1] of financial products known as over-the-counter derivatives. It was signed into law on December 21, 2000 by President Bill Clinton. It clarified the law so that most over-the-counter (OTC) derivatives transactions between "sophisticated parties" would not be regulated as "futures" under the Commodity Exchange Act of 1936 (CEA) or as "securities" under the federal securities laws. Instead, the major dealers of those products (banks and securities firms) would continue to have their dealings in OTC derivatives supervised by their federal regulators under general "safety and soundness" standards. The Commodity Futures Trading Commission's (CFTC) desire to have "Functional regulation" of the market was also rejected. Instead, the CFTC would continue to do "entity-based supervision of OTC derivatives dealers."[2] These derivatives, including the Credit Default Swap, are a few of the many causes of the financial crisis of 2008 (Credit Crisis 2008) and the subsequent 2008–2012 global recession. https://en.wikipedia.org/wiki/Commodity_Futures_Modernization_Act_of_2000

Gonzo Journalism wildman (more)

Metcalfe's law states that the value of a telecommunications network is proportional to the square of the number of connected users of the system (n2). First formulated in this form by George Gilder in 1993,[1] and attributed to RobertMetcalfe (Bob Metcalfe) in regard to EtherNet, Metcalfe's law was originally presented, c. 1980, not in terms of users, but rather of "compatible communicating devices" (for example, fax machines, telephones, etc.).[2] Only more recently with the launch of the Internet did this law carry over to users and networks as its original intent was to describe Ethernet purchases and connections.[3] The law is also very much related to economics and business management, especially with competitive companies looking to merge with one another. https://en.wikipedia.org/wiki/Metcalfe%27s_law (more)

Environment where Positive Feedback occurs because a Network becomes more valuable or attractive the bigger it becomes. (more)

Robert Melancton "Bob" Metcalfe (born April 7, 1946[2]) is an electrical engineer from the United States who co-invented EtherNet, founded 3Com and formulated Metcalfe's Law. As of January 2006, he is a general partner of Polaris Venture Partners. Starting in January 2011, he holds the position of Professor of Electrical Engineering and Director of Innovation at The University of Texas at Austin. https://en.wikipedia.org/wiki/Robert_Metcalfe

smart PDA built by Apple Computer (more)

DotCom bubble-era GroceryDelivery Business. (more)

After discussing an Inc Mag article about the use of Minimum Viable Product design in non-StartUp companies, he discusses a different Framing of it. (more)

Commute When Living In Chicago Suburbs (specifically Barrington Il) (more)

Relational Data Base (more)

Our UVerse WiFi was seeming a bit better since our last router replacement a couple months ago. But now it's bad again. (more)

Robert Anton Wilson book ISBN:1561840718 (more)

MIT Prof. ChristineOrtiz recently announced her plan to create a radical new research university. “I’m looking at a new (College Education) model, where the whole sort of vocabulary is different,” she said. “I don’t see it having any face to face, on-the-ground lectures, actually.”... The university, still unnamed, will still have physical infrastructure, but will prioritize on “ProjectBasedLearning” where students learn by working together on a challenge for an extended period of time.

Ross Mayfield explains PingPad's Consumer Freemium Business Model (in light of EverNote's woes). In my view consumer freemium is the best business model for consumer software because it doesn’t have scale limitations... Consumer freemium, especially for a Viral app like Pingpad, let’s you invest in the product to benefit users instead of marketing to benefit vendors. It encourages you to go for scale, creating network effects that are natural barriers to entry vs. the competition... if someone wants to be a group owner and have control (see the lock on the left), they will have to pay for being an inhibitor of viral growth... The classical reason there is Enterprise vs. consumer is the former demands customization and the latter demands a focused (Coherence) engaging experience at scale. It is by going enterprise you end up a Frankenstein, and it’s how you manage that balance. If you go to early you will be pulled apart by differing enterprise requirements before realizing your core and whole product concept.