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CyberWire, about using Google's KeyWord Tool to find a list of the Highest paying search terms if you have AdWords ads on your webpages. Like:$54.33 mesothelioma lawyers
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$20.17 wrongful death Wow, it is cribling in my fingers to write a large collection of poems about mesothelioma consolidated loan tax attorneys. (Via BoingBoing) [ Articles | 28 Mar 2006 @ 02:50 | | PermaLink ] More >
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The Surprising Truth about Ugly Websites:Ugliness has never looked better. I have spent the last few days examining a surprising trend in web design that has made ugly websites look absolutely irresistible. No, its not the bolded, 18 point Times New Roman font shouting at me as I access the page that has me excited, nor is it the harsh colors that have actually managed to make my eyes hurt and distort my vision. In fact, its not even that logo which is so pixelated from being processed, resized, saved, and edited so many times that it appears to be blurred to protect the identity of the company who owns the website that has me singing the praises of ugly websites. What is it?
Ugly sells.
That's right – ugly websites are surprisingly effective in making money. As a person who puts business before technology, a profitable website is a website is an unbelievably attractive website to me.
The Case of Plenty of Fish
I was struck by an example of just how effective ugly websites can be this past week as I was browsing through some web related news. I stumbled across the story of Plenty of Fish. This is a very plain looking website that offers a free online dating service much like Match.com (but without the subscription fee). There was nothing specifically impressive about the website that stood out to me, in fact the site was actually rather ugly.
What caused me (and I am sure several other people) to take a second look at the website was its reported earnings. It is reported that this website brings in over $10,000 from Adsense – in one day. Yes, you did read that correctly. For those of you counting, that is $300,000 per month and nearly one million dollars in just three months.
The example of Plenty of Fish lead me to consider how an ugly website could be so successful. As I looked around, I suddenly realized that this was not the only successful ugly website. Ebay is unbelievably ugly, Craigslist has never won an award for innovative design, and IMDB has never even bothered to format their text out of the default Times New Roman. What is it about ugly websites that makes them so successful? Ugly is maybe not the right word. Look at Plenty of Fish, which he talks about. It is not fancy, it is not exactly beautiful. But it is ok, and it is simple and straightforward. The function is more important than the form. If you can find what you're looking for quickly, it doesn't need to be fancy. And, as the author of the article points out, that a site isn't super-professional might give you the feeling that it is some ordinary people who made it, and that might make you trust them. I.e. it is some real guy, or a small family-owned business. And you might instinctively like that better and be more responsive to it than those fancy corporate sites with great graphics but absolutely no soul. Good lesson there.
$10,000 per day!?! Damn, I'm jealous. Guess I should stop worrying about not being a great graphic designer and not having the CSS quite right, and just look for stuff that's simple and useful. [ Articles | 20 Mar 2006 @ 21:20 | | PermaLink ] More >
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David Allen, from Ready for Anything: Commitment to the ultimate quality of anything gives access to unique creativity and intelligence. From the smallest activity to the loftiest goal, an intentional focus on the maximum fulfillment of its purpose generates information and inspiration unavailable from any other perspective.
How to Be Invincible:
There's a simple way to become indestructible: Have the intention to do your best at whatever you're doing, right now. To gain the invulnerability I'm referring to, you must pass through the gate of the total vulnerability that putting yourself on that line demands. Not be the best - do your best. Attempting to be the best can easily have struggle, ego and self-recrimination as baggage, with win/lose as the format. But doing your best is a dynamic, ever-changing experience that is possible anytime, by anyone. It's engaging with your life and work in the present, with an attitude and an altitude that are constantly renewing and refreshing. And you can win, whenever.
The powerful freedom that comes with that experience is not free, however. You must move to a risky edge. You must ask yourself the "what's best" question, listen inwardly, and muster up the willingness to respond to the answer you get. That might mean sacrificing your momentary pleasure, your habits, your lethargy, and (God forbid!) your self-doubt. [ Articles | 18 Mar 2006 @ 17:14 | | PermaLink ] More >
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From Paul Allen's homepage:To me, that's the most exciting question imaginable. What do we need that we don't have? How can we realize our potential? What will it take to solve important problems and improve people's lives? What should exist, and how might we create it—right now? Maybe easier to say when you're the sixth richest guy in the world. But no, it might as well apply to all of us. [ Articles | 14 Mar 2006 @ 23:59 | | PermaLink ] More >
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Frank Moss, new head of the MIT Media Lab, talks about how in the future more people will take part in advancing society, by being innovative entrepreneurs.How do you view the nexus between technology and entrepreneurialism?
It is hugely important. In fact, entrepreneurs are really the primary vehicle for innovation in our society. They've played an incredible role. Thirty years ago, the primary source for innovation was large corporate labs. That is where all of the money went. Then, 20 to 25 years ago, the source of ideas and creativity shifted to venture funds and startups.
Over the past 20 years, we've seen the economy and society change due to innovation from small independent efforts outside of corporate labs. Technology has enabled startups to have a big influence, and consequently they have had a tremendous effect in the technology scene today.
What role will startups play in the future?
I see tremendous economic growth from startups from 10 years ago. Entrepreneurs will go from the 1,000 startup ventures funded in the last 10 to 20 years to ideas coming from people working together in network-based environments, using computers to dream up innovations in a way they never did before. It could be people in developing countries with low-cost computers.
The Media Lab has given a start to many entrepreneurs. What would be your advice to would-be entrepreneurs in today's environment?
Resist the current temptation to make incremental changes to attract funding. It might get you off the ground, but I don't think it will get you very far. Today, the funding climate has changed. The successful (entrepreneurs) will look for fundamental disruptive change. I encourage them to take risks, rather than just polish the faucets. There will always be an appetite for game-changing technology. [ Articles | 13 Mar 2006 @ 17:21 | | PermaLink ] More >
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From O'Reilly, an overview of a speech, "Entrepreneuring for Geeks", by Marc Hedlund. Some good stuff there, like:- Pay attention to the idea that won't leave you alone -- this is taken from Paul Hawken's Growing a Business. Sometimes an idea catches hold of you and you find you can't put it down. Pay attention to that! Just start working on it. Can't get yourself to do anything on it? Move on. Find yourself waking up out of bed to write down new ideas about it? That's a good one to choose.
- If you keep your secrets from the market, the market will keep its secrets from you -- entrepreneurs too often worry about keeping their brilliant secrets locked away; we should all worry much more about springing a surprise on a disinterested market (anyone remember the Segway?). To quote Howard Aiken: "Don't worry about people stealing an idea. If it's original, you will have to ram it down their throats."
- Immediate yes is immediate no -- does everyone immediately tell you your idea is great? Run away from it. If the idea is that obvious, the market will be filled with competitors, and you'll find yourself scrambling. One good test: when the New York Times Magazine puts out its annual "Year in Ideas" issue, is your idea in it? Then don't do it. You're already too late.
- Build what you know -- this is the most basic advice of idea generation: scratch an itch you have yourself. To make a great company, stop and ensure that your need is broadly felt, and that your solution is broadly applicable -- not everyone spends their life in front of a computer, remember.
- Give people what they need, not what they say they need -- interviews are tricky. People will swear up and down that they would buy a product you describe if only it were available, and then fail to do so as soon as it is. Likewise, in conversation an idea can sound terrible, but in actualization the idea can become a compelling product. You have to sherlock out the truth of the interest people express, and "yes/no" questions are usually less useful than "how much" or "how bad" questions.
- Your ideas will get better the more you know about business -- engineers hate to hear this, but you can generalize up quite far from here: the more you know about everything, the better all of your ideas will get! If you want to start a business and your strength is in development, learning about pricing, sales, marketing, finance, and yes, even HR, all of it will make your product ideas stronger and better.
[ Articles | 12 Mar 2006 @ 21:39 | | PermaLink ] More >
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Some wise words from Derek Sivers, founder, president, and sole programmer behind CD Baby, an independent music distribution company.It's so funny when I hear people being so protective of ideas. (People who want me to sign an NDA to tell me the simplest idea.)
To me, ideas are worth nothing unless executed. They are just a multiplier. Execution is worth millions.
Explanation:
AWFUL IDEA = -1
WEAK IDEA = 1
SO-SO IDEA = 5
GOOD IDEA = 10
GREAT IDEA = 15
BRILLIANT IDEA = 20
NO EXECUTION = $1
WEAK EXECUTION = $1000
SO-SO- EXECUTION = $10,000
GOOD EXECUTION = $100,000
GREAT EXECUTION = $1,000,000
BRILLIANT EXECUTION = $10,000,000
To make a business, you need to multiply the two.
The most brilliant idea, with no execution, is worth $20.
The most brilliant idea takes great execution to be worth $20,000,000.
That's why I don't want to hear people's ideas.
I'm not interested until I see their execution. [ Articles | 27 Nov 2005 @ 16:48 | | PermaLink ] More >
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I was just listening to a 1/2 hour podcast from Perry Marshall that I found mentioned on Entrepreneur's Journey.
If I had just glanced at Perry Marshall's site, I might not have stayed. There are lots of people who claim to teach you the secrets of AdWords marketing, and it is hard to know what is what. But this guy is first of all very pleasant to listen to, and he obviously knows his stuff very well, and seems willing to share it. He demonstrated quite a bit of insight just in that little interview in the podcast. A few tidbits:
- Your ads shouldn't really be about you, they should be about the visitor's sweet spot
- Don't group a bunch of keywords together and do one ad. Make a different ad for each keyword.
- Very small differences in wording can produce huge results. Trial and error and continuous refinement is part of the process.
- You can learn more about your customers by playing with AdWords, much faster and much cheaper than with normal marketing, surveys, etc.
I think I'm going to order his book. Because I'm sofar not very good at AdWords. I.e. I've spent hundreds of dollars on, essentially, nothing. Well, I succeeding in making ads that got the required 1% clickthru rate, but not in matching them up with something that actually paid off when people clicked. [ Articles | 26 Nov 2005 @ 13:08 | | PermaLink ] More >
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Some years ago I decided to do an entrepreneurial experiement with my family. I supplied each of us with a $100 bill, in start capital, and the game was that we should start some kind of business with it, and we'd compete on who did best. I was very excited about it, as I thought it ought to be a basic human skill to start small businesses, and it would be something good to teach my kids. Of course I needed to learn it as much as them, but I at least had an idea of things one could do and how they would work. And, now, it would of course be a better story if I could talk about how great a success my experiment was, and how my kids became self-made millionaires based on the great inspiration I gave them, but, hey, even failed experiments is something to learn from.
I spent my $100 on Google ads. I forgot what my target was. Some kind of MLM thing. I got zero result from it, though. Cost me $100 to get 5 people to join a free MLM program that didn't really have much potential.
My wife got a friend who was traveling to India to buy very cheap dresses, which she was going to sell on eBay. She got a nice stack of dresses, but she didn't get around to selling them, and eventually gave them away.
My daughter did nothing with the $100, which in principle means she kept it, which certainly was better than losing it.
My son possibly did best with it. He didn't know what kind of business to start with it either, but he repeatedly used it to lend to the rest of us when we happened to not have any money. For interest. Which means he might have ended up doubling it, or so.
Not really the results I had in mind. It wasn't a bad experiment, but it probably takes some coaching and some good examples to get going.
There are of course lots of things you can do. The easiest probably are online. You can sign up as an affiliate for many companies very easily. Some of them give good commissions. Say, flower shops. You can easily get $5 per sale. Then you just need to think up some somewhat interesting site that has something to do with flowers, and put ads on it, and get some visitors to come. You could very well use Google ads for that. You might pay 10 cents per click, but if one out of 20 goes and buys some flowers, you have an automatically profitable business right there.
Well, I was hoping they would come up with some ideas themselves. And maybe they would have if I had been a better example myself, and I had coached them a little better. Maybe I'll repeat it at some appropriate time. [ Articles | 24 Nov 2005 @ 18:19 | | PermaLink ] More >
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15,000 pageviews per day, that is. Article here, which I found mentioned on Paul Allen Blog. No earth-shattering gimmick there. Just basic and sensible stuff for building up a site that will be popular. It is about right, I'd say.
Paul Allen says you might be able to make $5.00 per 1000 pageviews with AdSense. Gee, I'd like to know how to do that, but, yes, might be possible, if.... [I don't know, otherwise I'd be doing it]. I have several sites that get more than 15,000 pageviews per day, but, ok, they aren't all commercially oriented, and ads wouldn't be appropriate for some of them. [ Articles | 23 Nov 2005 @ 16:07 | | PermaLink ] More >
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