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Notes from a young entrepreneur

Archive for September, 2008

Notes on building community

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I met recently with a friend of mine who’s starting a online news site as a side project. I helped him a bit with go to market strategy and then asked if he had a plan to build community.

His answer: “Why do I need one?”

I thought about this because I always imagined the need was implicit. Here’s why you need a community.

Path of a customer:
1. Get the attention of Ideal Customer
1a. –engage–
2. Customer
3. Long time customer
4. Evangelist Customer

The growth towards evangelist customers is time consuming - but this group is extraordinarily valuable. These are the water-cooler conversationalists, the ones who invite their friends to a great new service: the leaders of your soon to be created community.
Most consumer orientated sites today have ‘users’ - you’re still making a sale to them whether you’re convincing them to buy something or take some action. In more general terms, customers could refer to users who make conversions.

Written by NathanielDean

September 18th, 2008 at 3:53 pm

Posted in Notes on

Politics 101: Turn the opponent’s strength into a weakness

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For the past 9 months, Obama and his campaign has said that, shortly after graduating law school, Barack Obama gave up a high-paying job at a law firm to be a community organizer on the south side of Chicago. This was supposed to demonstrate his humility, his dedication to the community and the social good: he could have chosen the corporate track, but he choose to do good instead.

McCain’s VP nominee Sarah Palin expertly turned his strength into a weakness with one line: “I guess [being a Mayor is] like being a community organizer… except you have actual responsibilities. (paraphrased)”

Obama’s campaign is immediately put in a position to backpedal and defend a line they’ve used hundreds of times. Interesting: the most damaging attacks are often the most simple.

Written by NathanielDean

September 5th, 2008 at 3:33 pm

Posted in Politics

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Welcome

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Hi. Thanks for coming to my blog. I’ll be writing here a bit about entrepreneurship, the internet, life as a young professional, and some other things that interest me.

You can always contact me by email here: nathanielrdean@gmail.com.

Thanks.

Written by NathanielDean

September 5th, 2008 at 2:02 am

Posted in Uncategorized