Saturday, October 25, 2008

RIP Good Times


Sequoia Capital on startups and the economic downturn

From: eldon, 2 weeks ago





Sequoia Capital recently made a presentation to its portfolio companies about how to try to survive an economic downturn. Here's the presentation


SlideShare Link

Friday, October 24, 2008

5 Secrets to Improve Your Relationship with your Network

Working with a performance based ad network can make you a superstar, or can get you in the hot seat quicker than you can say Vonage.

Here are a few tips that will help you as the advertiser get back into the control seat. Networks have a tendency to promise the moon, and deliver a hunk of cheese. Don't let this happen to you. Work closely with the right partner and you'll reap the rewards. Give up that control, and they will send you a bag full of useless leads that will kill your entire marketing budget. Be smart - understand your allowable acquisition and get in front of a few different networks. Ask lots of questions and insist on the following - and you'll be fine.

1. Demand full disclosure and transparency - If your brand is large enough they will offer it. If not, find a partner that will. You need the control of knowing where your ads are running.
2. Request certain hand selected publishers receive a higher payout (at the networks expense - reduced margin) to drive more volume.
A. Make sure payouts are listed privately - so you don't anger other publishers running the offer
3. Insist that the appropriate checks and balances are in place
A. List the number of leads you're willing to pay for in a set time frame - ie, if a publisher generates 2000 leads over the weekend, but you've capped the offer at 1000 leads - you're not held responsible - PUT THIS IN WRITING IN THE CONTRACT
4. Set weekly conference calls - If you think there's nothing to discuss, think again - something ALWAYS comes up
5. Don't be bullied into unfavorable payment terms - Networks are HIGHLY competitive, and they need your business.

Go get em!

Thursday, October 23, 2008

Live Well

Randy Pauch talked during his last public speaking appearance not about beating the "reaper" by living longer - but beating the reaper by living "better"... He advised the audience to find your PASSION.

I want to hear from others what you think your passion is?

I think I've found that passion in my family. My love for my daughter is indescribable. My love and respect for my wife - unsurpassable. I strive to be thought well of. I seek my passion, and I hope that you all do as well. I believe that passion is grounded in PEOPLE - and what they will think of you when your gone. Make a connection today. Talk to you cube mate about their family. Seek out that kind of passion, seek out that kind of love.

it's not the things we do in life that we regret - it's the things we do NOT.

Live well today.

Wednesday, October 22, 2008

Hard work doesn't kill you - boredom and disease do

I love to work hard.

I love it when there's a project that I'm so excited about that I pop out of bed with a spring in my step. It seems to be less and less common to hear people talking about how they love to work hard. I'm not talking about working 20 hours work days (read: working for face time and being completely inefficient). I'm talking about making a contribution - building something, giving back.

Remember when you first started to work and everything was a new and exciting experience? Remember how you were terrified to ask questions, but you were so humbled by the sheer volume of new information, you kept your mouth shut, listened, worked hard - an you LOVED EVERY MINUTE OF IT?

I think it's time we all started to work hard again.

Today - ask lots of questions - really listen to you colleagues - I mean really - REALLY listen, try to learn something, and WORK HARD.

HARD WORK DOESN'T KILL YOU - BOREDOM AND DISEASE DO

4 Secrets to Success for Continuity Programs

Recently I've had conversations where I've touted the power of a good continuity program. From Ringtones, to Dating offers, continuity is the name of the game. After a small initial sign up fee the user is then obligated to pay on a (usually) monthly basis to the advertiser.

4 Secrets to success of a continuity program

1. Charge for the first months membership after the first 7 to 14 days as a member
2. Allow for incentivized traffic on these offers
3. Analyze - Measure and quantify your allowable acquisition rate
4. REPEAT

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