Monday, December 3, 2007

On the business of new media and social media

If I charged a nickel to everyone that asked me how to make money from podcasting and blogging, I’d have model for recurring revenue in new media and social media. I may even be rich by now.

My answer to the question has been consistent: develop your skills as a content creator, audio producer and community developer (or be part of team that has those skills) and then maybe you’ll have something to build on. In fact, I blogged about this nearly a year ago using a garden as a metaphor for building skills and engaging in sustainable growth — neither of which you can rush.

Robert Safuto put up yet another brilliant post (he’s good at that, really) on the subject of business models for new social networks. Rob suggests that if you start with a business model you’re doomed to failure. I agree. As a bonus, Robert used a garden as the metaphor.

I once saw a sign that said “Farmers feed cities”. Remember, they don’t necessarily get paid based on the value of that reality.

Share and Enjoy:
  • del.icio.us
  • Digg
  • Fark
  • Furl
  • Slashdot
  • StumbleUpon
  • TailRank
  • Technorati
  • YahooMyWeb

Leave a Reply

 
Subscribe in iTunesSubscribe to the RSS feed

Or subscribe by email:

Enter your email address:

Delivered by FeedBurner

Subscribe for free to automatically receive updates using a "feed catcher", such as iTunes, Juice, Google Reader, Bloglines, or email.

Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 2.5 Canada License.

My flickr photos