twitter is the new business model…
Wednesday, January 2nd, 2008It’s been going all day long, and I’m quite happy that Allen at CN kicked off the 2008 year in the right way. He is sitting on top of the Techmeme gauge, and has been for most of the day. Major players are all coming out and giving their 2 cents on the issue. Whether or not twitter has a business model in place, after today, they will have many free ideas.
If they already had one, they may decide to scrap it. There are a lot of good ideas on how to make twitter a very profitable business in 2008. I do have to agree with what Jason’s response to Allen, if you are connected - you get the money. Plain and simple as he noted on twitter earlier today that he has 5 years of funding for Mahalo and is playing the strategic build the business and grow it smartly leader.
Back to twitter. What is making this so more 2008 than 2007 now? It’s been around for a bit longer, and really didn’t grab mainstream tech adoption until last year’s SXSW conference. I’ll admit that I’m a follower as far as the twitter phenomenon goes. It took that event before I adopted and jumped on the twitter bandwagon.
What of the business model. I guess in this day and age, put the product out first and go with the flow. I agree that ideas that are not executed are doomed to stay on that ever winding road that leads you back to where you started. I call that “living in square one, round hole optional” syndrome. While popular business thought says to write a business plan, make a half dozen matrix’s, and crunch all those numbers; in today’s world - that just doesn’t work if you plan to succeed. Why? Because as Jason was saying in his post “We all live in Brooklyn (and need to get out) and need to get to the Valley.”
It’s almost like a band. Unless you get out there and just do it, it never gets done. Believe me, all the bands I was in didn’t have a business model. It never prevented us from reaching a level of success. The only thing that stopped us was the personnel factor or personal issues within the band. As far as a business, any of the bands I have been in could have survived and been a successful business. They were all the same, original music done the old fashioned way. Now would a business model have helped much? Yes and no.
Just in the case of twitter, the idea was the foremost item necessary. Just like a band, the players that wanted to play music and write new tunes were needed, so is twitter. An idea that was based on a basic need for instant communication, done in a Web 2.0 way. Nothing really scientific about it. Nothing really ground breaking on what they are doing. They kept it simple, just like rock n’ roll.
Back to twitter again - why do I like twitter? Well of course I use it to help promote my work, as well as keep in touch with people that I like to chat with. It’s almost like that big water cooler of the cubicle days. I think that twitter has a big future in 2008 as it grabs more mainstream recognition. I also believe that now there are local STL news sites on twitter, it has reached that level of acceptance. For me though, it is like the chatter of the cubicle environment where I use to have a job at.
Technically Speaking, that is why they call it the “Show Me State” (Missouri), as it always seems a bit slow on the technology uptake. I for one of course am not, just as there are also other groups here in the STL that are on the cutting edge. high risk life insurance
Sphere It
Digg/RexDixon
Myspace/rexdixon
Facebook/Rex Dixon
Linkedin/RexDixon
Twitter/RexDixon
YouTube/rexdixon
Del.icio.us/rexdixon
GMail/Rex Dixon
Technorati/rexdixon
MyBlogLog/LendingClubber
Blog/Rex Dixon