If you are looking for a new business model for your project? You have a great idea for a site, but no idea how to monitize it?
You could of course be traditional and offer an ad-based freemium-model like spotify.com with a sidedish of premium service. That have been done many times, but it is more flexible than the even more traditional model where you just let your users pay.
Maybe you could offer a free service and use it to gather large amounts of data and sell them like Patientslikeme.com? Or simply take a commision (or a posting fee) for facilitating contact/services to/from other companies like flattr.com, airbnb.com or GroupOn.com?
There is also a model where you let your customers pay what they want (encouraged by an anchor price of what other users have paid) and even let the users decide how much of the money that should go to charity. An example of this model can be found at humblebundle.com.
Or if your main product is free, how about “in-app”-sales like Haypi Kingdom or my favorite example Farmville – and if you want the user to loose track of the “real-world cost” then make your own monitary system.
If you want your users to create something of value, then make a platform that lets them co-create and get a share in the profit like Quicky.com. Helping other creative people monitize their ideas – that’s a great business model! Almost a meta business model.
Source: These was all picked from the presentation below; “10 business models that rocked 2010″
Less is more. That was my big lesson in 2010. I used to have clutter, mess, piles and heaps of stuff – in my home and in my office. Now my things fit into a suitcase and a backpack. I can’t buy things that I am not willing to carry with me every day, so I never shop anymore except to replace other things. Material things has never meant less to me than they do now.
It reminds me of the saying; “If you own more than seven things, the things will own you”. The simplification I have done in my life really feels like freedom. I can honestly say that I don’t miss any of my stuff. Back home we had a “game room” with several XBoxes, a Wii and a Playstation as well as a home movie theatre; I loved it and spent a lot of time there, and I really thought I would miss it, but I don’t. What I miss from back home are the people; friends, colleagues and family, but actually I speak more to my close family now than I did, when I lived less than 100 kilometers away from them (thank you, Skype).
Money has never been a big thing for me and that is probably because I have just been lucky to be able to make a fine living for doing what I love. The IT-business is a generous place to be. Now I think even less about it and also spend much less. Living in Asia can be cheap even while enjoying some luxury. Cutting down on our spending also have the nice side effect that we don’t have to work as many hours on profitable projects and can devote more time for pet projects, sightseeing or just each other.
Some days I wake up and I can’t believe, how lucky I am, thinking that this can’t last. But I just can’t stay worried; the sun is shining and I just keep telling myself: Don’t worry – be happy.
We Danes are known for our happiness being listed as the happiest people in the world several times by OECD, the reason often cited (by Americans) is that we expect less from life. I don’t think that is the true answer; we expect a lot from life just not only material things. We value life experiences and quality over quantity, and right now I’m taking that to an extreme and loving every minute of it.
Less IS more.
To add to our blog post series about fun machines in Lego (Turing, most useless, 3D-printer and so on) here is a video of the antikythera mechanism built in Lego – that is the functionality is simulated with a machine built in Lego, but it certainly doesn’t look like the original.
If you don’t remember what the antikythera mechanism is then let wikipedia enlighten you:
“The Antikythera mechanism … is an ancient mechanical computer designed to calculate astronomical positions. It was recovered in 1900–01 from the Antikythera wreck, but its complexity and significance were not understood until decades later. It is now thought to have been built about 150–100 BCE. The degree of mechanical sophistication is comparable to late medieval Swiss watchmaking. Technological artifacts of similar complexity and workmanship did not reappear until the 14th century, when mechanical astronomical clocks appeared in Europe.“
The modern version is explained in this video:
A really really old computer rebuilt in Lego – what’s not to like?
Challenge: make a Lego 3D printer that prints Lego 3D printers.
I have been to a lot of conferences and seen a lot of presentations from brilliant people, but sometimes those brilliant people fail to make a presentation that connects with the audience. As an audience member (and not speaking as one of the brilliant people presenting) I have just one advice for those speakers.
Speak at conferences because you are on a mission. Don’t give a presentation just because people ask you to, and you are flattered. Make sure to think about what you are giving the audience – what the audience should take away from your talk (and make it simple). At conferences most attendees are on information overload, so you have to inspire them for further investigation. Tell jokes, tell anecdotes, use images to let your audience connect with your material. Be enthusiastic. Be memorable. Be tweetable. Be bloggable. Be the odd one out. Make sure that everyone knows why you are on that stage and what you are talking about.
These days I’m hiding out at home at my parents house. I look like I have been beaten up with a swollen face, a broken nose and blue/black/red/yellow circles around my eyes, but this is all done on purpose and with my consent. Two days ago I underwent surgery on my nose to try to straighten it out after it broke in three places last January. This is my third surgery this year but in the last two they were not able to put all of the breaks back into place, so they had to do this last surgery after I had healed.
For months I have been waiting by the phone for them to call with a time for my surgery and last Monday they did. At first they offered me a time slot during my favorite IT-conference JAOO and I reluctantly took it, because I had to get this done before we leave the country November 1. Then they called me again Tuesday asking if I could do it this Thursday and even though I had to cancel a few things I jumped at the chance. This way I get to heal before JAOO and I can make a surgery followup appointment just before we leave the country. The timing couldn’t have been better.
So now I just have to get through the next few weeks with bruises and painkillers…
I just found this great blog post on the MoMA-blog. This is what happens when you give MoMA-employees a Friday afternoon with Lego; they start copying the art!
My favorite was this yellow piece that they have made. It is probably the most complex of the pieces, so you can imagine that most pieces are quite simple, but so are the artwork that they copy. (You will have to go to the MoMA-blog to see the other photos.)
I would love to see an exhibit at MoMA just with Lego art. The Lego company should just send loads of Lego bricks to artists to see what would come of it.
It’s been underway for some time, but now I can make it official: I quit my job.
I’ve been called stupid because I quit my well-paying job right in the midst of a financial crisis, where jobs are scarce and as a graduate from 2009 (the lost generation) I should count my blessings for just having a job. On the other hand I have had a lot of people congratulate me for daring to go on this adventure – and there is an adventure underway.
I did not quit to end my current job (but of course that is a side effect), I quit to start a new phase of my life – a travelling phase. November 1. 2010 I’m going to leave Denmark to go travelling Asia with my husband. Not much is planned yet except the departure date, so if you know a place that we just have to see, please let us know in the comments of this blog.
We are hesitant to put an end date to this adventure, but just to be able to tell people something, we have said that this adventure will take a year. This could of course turn out to be 3 months, 6 months, 1 year, 2 years or whatever…
The last few months we have started to prepare this trip by giving notice to leave our rented apartment (we had to give a 3 months notice), I have quit my job, I have been going to doctors to make sure my nose will be fixed before we leave (it’s broken – long story), we put all our money in a travel fund and I have been researching places to go and sights to see.
I have arranged with my father that we can stay at his place from the date that we have to leave the apartment and until we leave the country, and our parents are going to store our furniture, while we are gone.
Along the way I will try to get some freelance work, either as a coder (I would love to do some Android, web or Java/C#-work), a photographer (learning something new every day) or as a blogger but if that doesn’t work out, I will start writing some e-books or tutorials and find some funding through advertising. I have also sold how-to videos before and if my nose get fixed I will consider making more.
Just writing this I get butterflies in my stomach – I can’t wait to start this adventure!
So much has happened this week, and I would love to share it with you, but I have to wait for it to be completely official.
While you wait, you can check out my favorite link from this week: Couchio. Great page design with interesting content. CouchDB is one of my favorite topics to read about right now – CouchDB and Android… I’m using CouchDB for a few homebrewed programming projects and in my opinion CouchDB is the best thing since sliced bread…