Thursday, May 15, 2008

The Promise and Peril of Ubiquitous Community

The following is also my column in next week's AdAge.

Over the last five years I have been asked countless times: "Steve, what's the next hot online community?" It seems as though everybody is on the lookout for the successor to MySpace, Twitter or Facebook. Nobody, even in a difficult economic climate, wants to be viewed as a latecomer.

Perhaps as a defense mechanism to avoid being wrong myself, I now give a boilerplate answer that I believe can last. In short, the next big community is not a single destination. Rather, it is going to be everywhere. To paraphrase Forrester analyst Charlene Li, social networking is becoming "like air."

She writes on her blog:

"I thought about my grade-school kids, who in 10 years will be in the midst of social network engagement. I believe they (and we) will look back to 2008 and think it archaic and quaint that we had to go to a destination like Facebook or LinkedIn to 'be social.'

"Instead, I believe that in the future, social networks will be like air. They will be anywhere and everywhere we need and want them to be."

This represents a significant shift. For the past 15 years, online communities have primarily existed as stand-alone destinations rather than the web's equivalent of running water or electricity.

The problem, however, is that this model can't scale. Tastes change and people are always migrating to trendier sites-especially as their friends do. As a result, the Internet amber is littered with fossilized communities that once dominated. These former stalwarts include AOL, Angelfire, TheGlobe.com, GeoCities and Tripod.

Community today is a different animal. People now expect it to be part of virtually every online experience. Most media companies now allow users to leave comments or even create profiles. Hundreds of thousands of brands, NGOs and individuals have set up their own social networks on Ning.com. The entire web is going social.

Now, however, connective tissue is emerging to bring these individual points of lights together as virtual constellations. Google and Facebook have each launched systems that allow sites to plug into their architectures to turn them social. The tools equip site owners to enable visitors to tap their existing networks and connections in a way that adds value to the total experience. So imagine a Facebook user who can easily see on Digg.com which stories his or her friends voted up. Or a non-technical site developer who, with a few small lines of code, can add utilities such as reviews, members' galleries and message boards to their sites or applications.

As exciting as this is, the transition of community from a handful of big reach sites to a ubiquitous platform is incredibly disruptive for marketers. It essentially makes social network advertising, which according to anecdotal evidence is already a mixed bag, even more difficult. (And thus monetizing social networks.)

The end result is that marketers will need to shift the way they approach communities. Static advertising is no longer viable. The solution is collaboration. Marketers will need to tap these emerging social operating systems to build meaningful connections through their sites and others before competitors do.

Participation is no longer optional and the fist movers who dedicate resources will win.

Sunday, May 11, 2008

Friendfeed's Business Model Will Look Like Google's

I love Friendfeed. However, I am far more enthusiastic about the platform's robust RSS and search capabilities than its current value proposition as a universal social aggregator. I find it generates too much noise at times, but when you tap its search/RSS tools you have a killer app.

As I recently noted Friendfeed's imaginary friend feature is incredibly powerful. In addition, so are its advanced search capabilities. Combine them and this is where things get interesting.

Here's an example. I haven't tried this yet. But my gut is that you can actually use Friendfeed to create a Google Coop-like scoped search tool just for Twitter.

Simply take the Twitter public timeline feed and add it as an imaginary friend. Now you can scan the full text of every tweet - even if Summize should go belly up one day. In addition, you can generate RSS feeds against this new imaginary friend for any term you want to track. The public timeline too much for you? No problem. Just take your personalized Twitter friendstream feed and now you can data mine just your peeps.

This is just the beginning. Friendfeed benefits immensely from the network effect. The more individuals that aggregate their social streams with the service, the more it can be data mined and thus monetized - and its power grows.

So, for argument's sake, let's say in a year that even 50% of people who actively publish online aggregate their streams with Friendfeed. Suddenly you have a competitor that in utility could eclipse most of the vertical social search engines like Technorati, Google Blog Search and Summize. Friendfeed doesn't index the full text of blog feeds yet but I suspect one day they will give publishers the ability to opt-in.

Now, what if Friendfeed were to wrap Google Adsense contextual ads around keyword searches just as it becomes the de-facto source for searching the social web. Think that's big? I do. And that fact that Friendfeed's founders come from Google probably bodes well for such a model. Stay tuned.

Friday, May 09, 2008

What's the Future Like for a "Renaissance Man" in a Connected World?

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Anyone who knows me well would never characterize me as a Renaissance Man, which from here on in I will call a Polymath to keep this post gender-neutral.

A Polymath is "a person with encyclopedic, broad, or varied knowledge or learning." It's an individual who knows a lot about a great many things. Leonardo Da Vinci and his famous notebooks, naturally, spring to mind.

I may know a lot about the digital landscape, but I could never be a Polymath. I blame the Internet.

Even though the web makes it easier than ever for an individual to stay reasonably informed about a great many subjects, my gut is that people go deep into their interests at the expense of being well rounded. The implications are significant for business and society overall.

The web is deepening specialization and giving rise to experts that become highly successful in a given domain. This is a trend that Seth Godin champions in his great book The Dip. In addition, it's what Markus Buckingham recently talked about with Oprah as a ticket to success in one's career and life. (For more, check out the podcast on iTunes.)

I have seen this vividly in my own life. I used to read three newspapers a day. I also never missed the local 11 o'clock news every night. I excelled at current events quizzes in school. No more. Since I started living in my feed reader, I became blissfully ignorant about the world, facing an ever-pressing need to stay current in my domain of expertise.

Case in point: when three New York City cops accused of killing a man the night before his wedding were acquitted it made national news. However, I had no idea that there was even a trial going on. Worse, I hadn't heard about the crime itself, which took place back in 2006.

So my question to all of you is - what is the future for the Polymath? Once this was a ticket to success. Now is it equally a way to fail in an increasingly specialized world? Do you know any Polymaths? They seem to be dwindling in number as we spend more time online.

Tuesday, May 06, 2008

Become an Expert with the Power of Deliberate Practice

Photo credit: "A-Rod taking a practice cut" by Dog Company

Recently, I was interviewed by Kellie Kass from Simply Communicate for an in-depth business profile called "How Did I Get Here." In the article, I share something I don't think I have ever talked about before: how I apply deliberate practice in my never-ending quest for insights into digital media, marketing and online culture. I decided to write about it now because I became more aware of my habits and because I believe it can help anyone become more successful.

Deliberate practice - at least as a concept - is relatively new to me. However, little did I know it's something I have been at for years. Perhaps the same is true for you. Regardless of your passion, it's something that - when applied - is surefire road to success.

The basic idea isn't rocket science. Basically, anyone with just even a little bit of natural talent in a given domain can master it in about 10 years by methodically practicing the essence of their craft two hours daily (including weekends) and measuring their progress from one day to the next.

The concept was developed by Dr. K. Anders Ericsson at Florida State University. It's becoming popular in sports and business. It's a big reason why Tiger Woods, Alex Rodriguez and Warren Buffet continually get better. They practice on building their strengths every day in a meticulous way. (The links on their names cite relevant stories. The best piece I have read on the subject is this one from Fortune.)

In my case, I've actually been applying deliberate practice in my work for at least five years now, perhaps longer. I have been an online junkie going back 20 years. However, I only started deliberately practicing my study of the web and online culture in 2003. It just didn't dawn on me until 2008.

Every day for five years I have spent at least two hours a day, seven days a week (usually early mornings and evenings) trolling through 500+ RSS feeds on business, marketing, culture and technology. I then parse these observations into insights that I share here but also through other venues you don't see - like content for clients and our staff. Here's my trend graph from Google Reader.

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In the last few months I have become a lot better at focusing my attention and measuring my progress. For example, I often look back at my posts from the last four years to see where I was right or wrong so I can get better at what I do. Two emerging influentials who I believe take this approach are Louis Gray and Chris Brogan. I reference them both in my interview with Kellie.

The takeaway here for you is this: if you want to be an expert at something (anything really), you can! It just takes time. Here's the formula: a) follow your passion, b) practice the essence of your craft in a meticulous, measurable way for two hours daily (for years), c) learn from data and adjust as you need to.

Monday, May 05, 2008

Google Reader Adds Universal Sharing

Google Reader has added a new feature called "Note in Reader" that lets you share any item from the Web, not just RSS feed content.

To share something, all you need to is is drag this bookmarklet to your bookmarks to get started.

Like Google Reader Shared Items, these new posts get rolled up onto a single page, which anyone can subscribe to. In addition, you can add notes, but it's not clear if these are searchable.

The new feature is similar to what Facebook, Friendfeed and others offer and moves Google Reader one step closer to being a social net for shared content.

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UPDATE: The official word from the Google Reader team.

links for 2008-05-05

Saturday, May 03, 2008

links for 2008-05-03

Wednesday, April 30, 2008

Three Ways to Mitigate the Attention Crash, Yet Still Feel Informed

The following is also my column in next week's AdAge.

One of the most important skills executives need today is the know-how to manage and harness their personal information flow.

The Attention Crash is a crisis in global business that is getting worse every day. By 2009, the Radicati Group predicts that we’ll spend 41% of our time managing email. Now add to that the IMs, documents, Facebook pokes, RSS feeds, Twitter tweets and text messages coming at us and we’re officially way oversubscribed.

Unfortunately, the problem will not abate. Human attention is finite. It doesn’t scale. Worse, the pace of change today is so rapid there’s a huge need to stay digitally savvy.

The key is in wrangling your information flow. Here are three of my best tips.

inbox_zero_head-box-2.jpgInbox Zero (www.inboxzero.com) - Blogger Merlin Mann has created a simple way to effectively manage email. His approach involves setting aside blocks of time for “email dashes,” quickly triaging messages and automating some of the processes with search folders – a powerful Outlook feature that most never use. Be sure to watch the video on Merlin’s site.

Invest in Search – When in doubt, let search tools - either on your desktop or online - do the work for you. The time you invest to set up these systems can pay huge dividends.

For example, I subscribe to around 500 RSS feeds in Google Reader. The great thing about my reader is that it’s searchable and acts as a personal database. So recently when my colleague asked me for March Madness online video statistics, was able to pull them up in seconds by searching my archive.

Make Unusable Time Usable – I read a ton. However, I have mastered how to stuff it into pockets of time that are normally “unusable.”

Picture 2.pngI get through about one business book a week by listening to them when I commute, travel and run errands. Most of the key books are available from Audible.com or iTunes. I am currently "reading" Groundswell by Josh Bernoff and Charlene Li.

In addition, I use Instapaper.com to bookmark articles I want to read. I can access this site from any computer or mobile device. I also keep a reading folder in my email nerve center that syncs up with my different devices. It’s even available when I am offline.

These are just a few of the best tips. For more “lifehacks”, check out my bookmarks.

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