Archive for the 'Contribution' Category

Love Thy Competitor!

December 11th, 2006

Just a quick amen to a couple of points made in a post by Tom Peters that Seth Goden pointed to in his blog.
“At the top of my business priority list, I want my overall market to grow by leaps and bounds. My market share will go down (It was about 100% after In Search of Excellence, when I was more or less the only public “management guru”), but my revenue will soar—the “bigger pie” axiom.

“In short, I want my competitors to thrive. And I welcome their presence at my events. I go so far (see our “Cool Friends” interviews, for example) as to enhance their careers!Does all this suggest an altruistic streak? Perhaps, but I actually think mostly not. I think that when one badmouths one’s competitors or tries to limit their activities, the “word gets around.” And one develops a reputation as prickly and egocentric—and, well, as a selfish jerk.”(tompeters! management consulting leadership training development project management)

Occasionally, Doug and I have encounters with those who are building businesses that “compete” with Podango. In all instances but one, we have had great, productive conversations that have left us believing that we will grow this industry together and have fun doing it. My hope is that we can focus on growing the pie and not on market share! As we do, listeners, podcasters, and advertisers will be better served.

Podango Invites You to be Our Guest at Virtual Seminar Week

November 9th, 2006

from Doug and Lee (Founders) 

Podango is excited to bring you a complimentary ticket ($97 value) to the first ever Virtual Seminar Week.  The first 5000 people to register with the Podango code receive a free ticket. Go to www.podango.com/vsw for information on how to get your complimentary ticket. 
Virtual Seminar Week is next week, November 10-17 and includes over 49 top business leaders, trainers and inspirational luminaries that you can listen to all from the comfort of your living room.
Experts include:

  • Jay Abraham –> Legendary $5000/hour marketing mastermind
  • Carlos Marin –> Recruited & managed sales force of 600,000
  • Dr. Joe Mercola –> Founder of the #1 natural-health site in the world
  • Bill Bartmann –> Billionaire to bankruptcy & back again
  • Bob Proctor –> Modern-day Napolean Hill (Discover The Secret)
  • Bill Romanowski –> Secrets to peak performance (4 Superbowl wins)
  • Tellman Knudson & Stephanie Frank –> Overcoming ADHD at home & work
  • Miriam Adler-MacWilliams –> Discover the truth about options trading
  • Paul Colligan –> How to use podcasts for profit (One of our own Station Directors: Internet Marketing Podcast Network)
  • Gay & Katie Hendricks –> Creating love & harmony in relationships

We are excited to bring you this unique opportunity.

Podango’s Progress after 1 Week

September 21st, 2006

By Doug Smith – Podango President

Podango have been in Beta 1 release for one week now and we have made good progress. We are not without issues, but for our first beta we are very pleased. We have six stations opens for business and another 17 approved and building out their content. More requests to become station directors are coming in daily. We reject some and accept some. We are holding to a standard in order to establish a professional environment with great niche focused content. I continue to be amazed at the applications from all over the world about some very interest niches. I love the “long-tail” and I love talking to experts in niche markets. I love their passion and desire to share, listen and create online conversations.

In addition to our content and stations we also have make progress in other areas. Our transcriptions are starting to roll in and our traffic is picking up. We have a Google page rank of 6/10 after a week and our Alexa rating is improving each day.

Included in those six live stations are industry leaders in Paul Colligan (Internet Marketing), John Jantsch (Small Business Marketing), Roger Merrill (Leadership), a great world news station, old time music and an Italian station.  We love our station directors and know they are creating huge value for their audiences. Some argue that a station director model takes away from the democratic process of web-wide voting for favorites. Though that might be true to an extent, it is my experience that a few in the minority tend to strongly influence the ranking of content popularity in the fully open web and the station directors add some sanity to audience rankings and more importantly, they don’t stand on the sidelines and point fingers, they take responsibility to listen and produce great station content that will create loyalty in those they serve. It is really about the conversations and some of the best conversations are moderated by leaders in a field. They don’t know it all, but they know enough to find the answers people are looking for. We love our station directors. In the end, their success is our success.

And if you think this week was fun. Wait until next week at the Podcasting and Portable Media Expo where we are sponsoring the Podcasting Unconference 2006 in our booth. #301 come and visit. We will have 18 sessions/conversations moderated by podcasting industry leaders. Sound familiar.  So for us it is not just about giving “voice”, it is also about having “ears”. It is about the conversation.

Rule #3: Engage Your Community

June 2nd, 2006

by Doug Smith - Podango President

Rule #3 builds on Rule #1: Put the Listener First and Rule #2: Don’t Be Evil by enabling “Service to the Community” or “Engagement with the Community”. Online social networks are springing up everywhere and they are working because of the involvement of the users with user contributed comments, content, opinions, tagging, etc. all which adds value to the community in a sense of service. I love the book “Love is the Killer App” by Tim Sanders. “The books premise is that you will find your success in business through helping others grow by sharing your intangibles—your knowledge, network and compassion.” Learn, grow, and share are the keys to this type of service. The benefits to this “giving attitude” are generally not measurable, but they are real. The appropriate approach in this service is one where the giving has “no strings” attached. Well, at least not too many strings. And those that are attached should generally be WIN/WIN where our contribution to the community improves the community for all, including ourselves. A recent article on Skype’s “Word of Mouth” success claimed that “friends who persistently insist that their friends do something not only do so for their own self-benefit, but also benefit all members of the social network because expansion makes it stronger.”
Podango Stations will work if the community of listeners becomes involved in sharing their desires, thoughts, comments, tags and ratings. We encourage the Station Directors to engage their community and the community members to engage each other. To enable this approach to sharing Podango will provide Web 2.0 community features like “CastBacks” (audio feedback), blogs, full transcripts of podcasts, polls, forums and other tools. We also encourage engaging the larger community outside of a Podango Station which includes station to station engagement and cross-Web engagement. It is all about conversations, relationships of trust, service to each other. The role of the Station Director is to serve their audience by contributing the time to sift, sort and prioritize the best podcasts for specific niches. The audience assists by confirming and assisting in the sifting, sorting and prioritizing through feedback, suggestions, ratings and “word of mouth” audience building, so more can share and be engaged.

Podango Rule #2: Don’t Be Evil!

May 27th, 2006

By Lee Gibbons, Podango CEO

In life there are defining moments when one flashes upon a concept that shapes them fundamentally. These moments of epiphany do not come randomly, although they seem to have their own timing. They do not merely appear out of nothing, and yet they are usually unanticipated. They rarely come all at once with full clarity of meaning or alignment with our experience, and yet they ride into our conscience with sufficient resonance that we experience an alignment between them and our prior framework of understanding such that we embrace them. They feel at once as familiar as a old, best friend, and yet as exciting as a newly found love, motivating us to change and reach to embrace them while we also feeling to push them away out of a sense that with them we are irreversibly changed and accountable to their power within us.

Now what does all that have to do with the Podango Rule #2, “Don’t be evil?” Well, one such moment of clarity came at the end of a college course required for my advertising communications major, “Persuasion 295.”

Throughout the semester, the professor (Douglass Gibb) began the semester by making it very clear that in this class he would grade much differently than we had experienced in other classes, even the ones we might have taken from him. He told us that we were to pick a partner in the class and that we would work with them closely throughout the semester. I chose a friend I had known for years throughout high school. Carrie Bestor and I had been in musicals and performing groups together throughout our high school years. Our senior year, I was Captain Von Trapp and she played Maria in the Sound of Music. She was bright, talented, and like me, recently married. I felt safe.

Then, Professor Gibb told us that we were to compete with that person for our grade. He gave us an assignment to pick a couple of competing categories of products and pitch them to local high school classes. I remember choosing Aqua-Fresh toothpaste while Carrie was stuck with some new twist on Crest. I was stuck with Burger King while Carrie got to pitch Wendy’s which had just opened franchisees in the area with their improved speed and new, juicy square patties. The results came out split!

We were also given an assignment to cooperate and present the winning products to our classmates, and we were to give each other a grade on that project. This, knowing that we were competing with each other for the top grade, brought me feelings of real angst about what to give Carrie. She had pulled her weight and been great to work with, just as I knew she would. Yet I also knew that I really needed an A from the course. I also knew that we were neck and neck in terms of the split result that the competitive products had yielded.

At the end of the semester, Professor Gibb gave a final lecture wherein he reminded us where we had been: First, we were in competition with one another. Then, we cooperated. He had the class us compare and contrast those experiences. We roundly agreed that cooperation was the higher law–the way to live! We concluded that working in a manner that generated a balanced resulting consequence for both parties was far superior both in terms of the reduction in effort as well as the improvement of the end result.

He then told us that there was a higher law; that of contribution, wherein one gives freely, without expectation of balanced reward. He may not have used these words, but he taught us that contribution requires that we have an abundance mentality and give freely, believing that if we help others advance their cause, we would have greater good returned to us.

It felt right, and felt possible, but seemed unpredictable, as some people might take advantage of such selfless giving. Still it rang true. I had experienced my greatest joy as a human when I had given pure service to others in need.

The semester ended and we received our grades. To our utter delight, Doug Gibb had gone against the college’s grading policy of grading classes on a curve and had given every member of the class an A. He explained that it was his contribution to our success. My GPA benefited just as I needed it to, but more importantly, I had one of those key learning moments.

Now, some 20 plus years later, having practiced “The Contribution Principle” again and again and never yet having had it fail me, I am building a new company. Podango, like every other company, has to make money for its investors and stakeholders. However, the power of the new web—called by some the live web, Web 2.0, or the open web–is created by the same abundance mentality and openness taught by Doug Gibb in Persuasion 295. It is structured around win-win relationships and is creating mammoth opportunities for contribution and fantastic benefits to the communities served by those contributive efforts.

I love Digg, Technorati, del.icio.us, TechCrunch, NewsGator Online, PodZinger, Evoca, Flickr, Findory, Wikipedia, BlogLines, MySpace, WordPress etc. (I could go on and on…) They provide us with unprecedented opportunities to contribute to others’ successes. And, true to “The Contribution Principle,” they invariably return to greatly benefit she who contributes through them.

In the post that becoming known as “The Podango Rules Post,” I wrote:”Rule #2: Don’t Be Evil! Podango provides world class podcasting infrastructure and ad connections and Podcasters keep their RSS feeds!”

This rule reflects my desire to contribute to the success of our Station Directors, Podcasters and the Communities they serve. I truly desire that our Station Directors have the tools to become the greatest contributors within community their station serves. I want podcasters affiliated with Podango to profit and benefit from superior infrastructure and more plentiful ad revenues than they can make elsewhere, while enabling important conversations between them and their listeners. Finally, I desire that listeners will be served by amazing community interaction that enables them to contribute openly to the benefit of the communities of interest in which they live and play.

Podango gives away to Station Directors, for free, the right and ability to begin a Podango station so that there are no barriers as they begin to serve their communities. We have built in transcriptions and linking technologies to generate better search engine rankings so that people looking for information can find Podango Stations more easily and then become served by their Podango Communities, led by our Station Directors, and find boat loads of great information within each Podango station. We provide top notch community services to allow the richest possible online conversations to take place between community members.

All this is starting very small, with us contributing what we can with what we have, but I firmly believe that abundance mentality attracts abundance. I believe that allowing podcasters to retain rights to, and control over their RSS feeds will lead to improved podcasts and greater loyalty. I believe that allowing Station Directors to own, grow, profit from, and someday sell their stations will facilitate greater passion and superior quality in stations delivering greater benefits and making greater contributions to the communities they enable and serve.

That is what I meant by “Don’t be evil.”

Some have thought the “Don’t be evil” was pointed at one particular company or another. The truth is, it came out of a conversation we had with Rob Walch of the podCast411 podcast wherein he encouraged us to let podcasters keep control of their feeds. The practice of not doing so seemed to me to be small thinking… not born in an abundance mentality.

Finally, To compete may be viewed as a necessity in a free market society. However, cooperation between ‘competing’ companies has been shown to generate greater opportunity through mutually growing markets and industries. But, as illustrated by open source successes, nothing is as powerful as contribution.

I sincerely invite any who have a relationship with Podango to shout us down if ever we appear to behave in a small or “evil” manner and to help us understand what we can do to truly contribute to your efforts to give to your communities of interest.

Tell us! What do you need in order to succeed?

Pages

Categories