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The Glasshole. A {growtoon}.

Jun 1st

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Join the growtoonists each Friday for a humorous take on marketing, social media, and current business events.

Joey Strawn is a social media strategist that loves enjoying a good book and then drawing in it. Check him out on Twitter: @joey_strawn

social media cartoon, social media humor

Chicago unveils digital innovation and entrepreneurship center

May 31st

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Click here if you can’t see Mark Schaefer’s interview with Una Pipic of Chicago’s 1871 Center.

I had the chance to be a guest speaker at Chicago’s rocking new digital innovation center, 1871. Located in an expansive space in the downtown Merchandise Mart. This video interview with Managing Director Una Pipic provides a perspective of the entrepreneurial opportunities being created through this exciting project.

The organizers of “1871” – the number refers to the year of the Great Chicago Fire and the Chicago that was eventually rebuilt – believe they have built something important. And, apparently, hundreds of entrepreneurs seem to think so, too. The center just opened a few weeks ago and it is already bursting with activity.

1871 will be an incubator of new ideas and digital businesses by putting a lot of smart entrepreneurs in a closed space, let them talk, mentor each other, and dream up the next big thing.

Tom Drugan is one of the founders of a tech-start up called Naymz.  Although he already had office space in another part of town, he found the entrepreneurial process lonely and loves the energy and camaraderie of his new tech homebase.

The organizers of this enterprise, the Chicagoland Entrepreneurial Center, have been around since 2003 and say they have raised $160 million to help finance new businesses. Funding also comes from entrepreneurial memberships from the individuals using the center.

Isn’t this a great concept? What is your city or region doing to support entrepreneurs?

Chicago 1871, chicago start-ups, digital innovation, digital start-ups, entrepreneurship, mark schaefer, una pipic

Maybe using LESS social media is the path to online success

May 30th

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By Srinivas Rao, Contributing {grow} Columnist

Earlier this year as I was transitioning through phases of the blogger’s evolution and making the shift to entrepreneur, I decided to make a Twitter list of some of the most successful people online so I could study them  It’s an incredibly eye opening exercise that I recommend to anybody. What shocked me was to learn how little time some of the biggest names online were actually spending on social media. Here are a few of the lessons I learned:

Creating Lasting Value

Every tweet, status update and moment of brilliance you have on any social media platform has a shelf life of about an hour.  Nobody is going to dig through the archives of your tweets and Facebook updates.  This approach to social media is the path of least resistance. To make matters worse, you’re creating content on somebody else’s platform and not getting paid for it.

To make an impact on your business, community or tribe, it’s essential to create things that have lasting value.

  • Blog Posts:  When compared to a tweet or status update, a blog post has a significantly longer shelf life. Not only will it have a more powerful impact immediately upon creating it, but it has potential to be found in your archives years later.
  • Books:  While blog posts are great, it’s easy to get on a hamster wheel and create content without a purpose. To add to that not everybody will dig through several years of archived content.  A book gives you an opportunity to expose a reader to your entire body of work.  Mark Schaefer could write a series of amazing posts about how to use Twitter.  But a book like the Tao of Twitter will have a much bigger impact in the long run.
  • Videos/Podcasts: Podcasts, videos and any other sort of multimedia content arguably take a longer time to create than written content.  But the shelf life is fantastic, and the potential to repurpose it can make it a goldmine of value for your business and your customers.

Self Promotion is a Necessity

Self promotion gets a bad rap on the social web, but I think we have be to careful not to dismiss how essential it is to the sustainability of a real business. Free content is not going to keep your lights on or put food on the table. To make money you have to sell.

The typical launch sequence of most bloggers is to spend months working on a book, course or information product of some sort. It’s followed by an aggressive promotional effort that lasts a week or two, and most of the revenue is generated in those first few weeks. After that sales come in, but sporadically. There’s nothing wrong with having an ongoing promotion strategy for the work that gets you paid:

  • If you have a product, eBook or course that you created a while back, schedule a tweet once or twice a week letting people know about it.
  • If you have an email newsletter, don’t be afraid to let the people on your list know  about your services and products on a regular basis. If  you lose subscribers, don’t sweat it. You’re running a business not a charity.

The biggest brands continually make you aware of their products with one primary goal: to generate more sales. 

Having an End Game

Do a search for any social media advice and what you’ll find is an endless stream of articles about how to increase your traffic, how to get more fans/followers, or how to write better content.  But what nobody spends enough time talking about is the end game.  What’s the ultimate goal of your social media efforts?  If you have no idea why you’re doing something, there’s a high likelihood that you’re wasting your time.

If you’re not careful social media can become a giant time suck that has little impact on your business.  Are you so consumed by social media that you’ve started to confuse activity with accomplishment?

Srinivas Rao writes about the things you should have learned in school, but never did and his the host-co founder of BlogcastFM.  You can follow him on twitter @skooloflife


social media careers, social media case studies, social media success

Getting your first book published: Lessons learned!

May 29th

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Do you dream of writing and publishing a book some day?  It was always something I’ve wanted to do and I was so fortunate to have the opportunity to do it this year.  Here are some lessons that you might find helpful from my journey with Return On Influence.

How did I get a book contract?

I was in an unusual position.  Beginning in 2010, publishers actually sought me out to write a book. Why? I think there were three things that boosted me into that position:

1) I had demonstrated my writing ability through my blog

2) I had successfully self-published my first book, The Tao of Twitter (a great stepping stone!)

3) I had an engaged community who would be advocates for the book

I think this last part is particularly important.  Like any content on the web, you have to be able to “ignite” it for it to be useful.  Even if I had written the world’s greatest book, it would never sell if I couldn’t light the match.  Establishing a blog or Facebook community seems like a good first-step for publishing today.

The good news is, these opportunities are available to anybody today to get them into a position to get a publishing contract. The bad news is, it takes a LOT of work to get there.

How did I choose a publisher?

After meeting with several publishers, I developed a good personal chemistry with the people at McGraw Hill. They really respect and support their authors. It ended up being a great decision.

When I turned in my proposal, it ended like this — “I really don’t know what this book is going to be about because the topic is entirely new.  I don’t know what I will find and I have to let the research determine the outcome of the book.”  They let me write it any way, which I think is cool.  And the book ended up being 80% different than the original proposal!

How did I choose a topic?

There was no master plan, really.  The emerging marketing trend of social influence was simply something I was interested in — Is there anything to this Klout stuff? How does power show up on the web? Why are companies scrambling to implement these Klout Perks?

If I was going to devote months of my life to a project, first and foremost, it had to be interesting!

I also realized that I had to write a book that had not been written before — something COMPLETELY different. Choosing this topic of social influence was a big risk. When I started the project, nobody had heard of Klout or social scoring — the trend was just emerging — but I thought this was going to go mainstream and I was right, thankfully.

What was the writing process?

The biggest challenge for me and other writers I have talked to is blocking out the chunks of time necessary to get the project done. A project this size cannot be accomplished with an hour here and there. Even when I reserved a whole week to write, I looked up at 9 p.m. on a Thursday night and not written a word — my week had been filled solving client problems. This was a panicky moment. How was I going to get this done?

So I blocked out another week and made a decision I have never made before or since — I was going to write, even if it meant disappointing customers. That’s gut-wrenching and wrong but I had to do it.

My wife helped me as a research assistant and also transcribed about 50 taped interviews.  From start to finish it took about nine months to research and write the book, with about three solid months of intense writing and re-writing.

Editing and promotion

I completely under-estimated the time required AFTER the book was written.  The manuscript went through four editing phases. Although the final product is probably 95% the same as what I first turned in, there were a lot of decisions about the title, the tone and direction of the book. McGraw-Hill wanted it to be a “how-to” book and that just didn’t align with my vision. They let me follow my own path, but all these discussions took a lot of time.

Once the book launched, I was doing 2-4 interviews a day for eight weeks. This time, I warned my customers ahead of time and I was able to put off some projects to allow enough time to properly promote the book. I took a financial hit but I realized that this was a once in a lifetime opportunity and I needed to go for it.

Did I make money from the book?

I knew going into it that the goal for this book was to expand my reach and reputation, not become rich from book sales. So I approached it realistically. Even though I received a generous payment upfront and the book is selling very well, on a per-hour basis, this would have been a bad economic decision.

However, I am already receiving the benefits of being a published author through new invitations to speak and consult. In that regard, I forecast that there will be a long-term financial benefit.

What’s next?

I feel really proud about where I am right now with Return On Influence.  I proved to myself that I could do it and the publisher is happy with a best-selling book (the first printing sold out in eight weeks).  My community and the reviewers have embraced the book.

I do have a few ideas for a new book but the scope of these ambitious projects is quite daunting because of the time it would take to pull it off.   It will be a difficult decision to make but you can be assured that if I write a new book it will also be “out there.”

In the near-term, I’m happy to announce that McGraw-Hill bought the worldwide rights to The Tao of Twitter and a new edition with about 30 percent new content will be available by the end of the year.

So those are the highlights.

What other questions do you have that I can answer for you?  Was this helpful?

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mark schaefer book, return on influence, social scoring, writing a book
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