kottke.org posts about business
Shaking up tech publishing: “It seems that the industry standard [for authors] is something akin to 10% of the profits (which easily take 4-5-6 months to arrive), being forced to write in Word, and finally a production cycle that’s at least a good 3 months from final book to delivery. That’s horrible!” Building a shop “to take $19 from your credit card” and laying out books in InDesign aren’t as easy as he makes it out to be for everyone, but it’s a great overall point.
“It’s a bad time to start a company”. Amen. It’s kinda what I was getting at in this post…”if you’re buying low and selling high, the time to buy optimism was two to four years ago, not now”.
Bruce Sterling: “if you can explain what you are doing with any conventional terminology, you’ve already been outsourced to India”.
The myth of cheap hardware. “The problem is, the cost of hardware is an insignificant part of running a computer system. See, the myth of cheap hardware is a myth because hardware (cheap) is not that cheap. It’s not 5 times cheaper, it’s half the price, or 3/4. And it’s not just slightly less reliable, it’s a good deal less reliable.” (via bp)
The lively pulse of New York’s new media scene. There’s something about the companies that started during the bust. They’re healthier, more efficient, the ideas behind them are more solid…they had to be to survive.
Part 2 of the Bill Simmons/Malcolm Gladwell conversation is even better than part 1. They really rip into what Isiah Thomas has done as GM of the Knicks. “The mess [Thomas] is creating right now in New York will be studied by business school students 50 years from now alongside Enron and pets.com.”
37signals has published their latest book, Getting Real, as a PDF download that they are distributing themselves. After more than a day, they’ve sold over 1750 copies at $19 apiece:
That’s exciting. These numbers demolish the sales pace of our first book, Defensive Design for the Web, which was released through the traditional publisher/bookstore model. DIY publishing: There’s a new sheriff in town.
If you do the math, that’s ~$33,000 in sales in one day. I don’t know what the advance would be on a book like that, but they’ve got to be approaching it, and if/when they reach that figure, the profit margin on subsequent sales will be much higher than the royalties paid by a publishing company. Interesting experiment.
Meghann Marco, the woman who was upset at her publishing company for 1) not putting her book on Google Print, and 2) instead suing Google, has finally gotten her book listed on Google Print.
Unknown (relatively speaking) indie rock bands are turning down large sums of money from GM for licensing their music for Hummer ads. “It had to be the worst product you could give a song to. It was a really easy decision. How could we go on after soundtracking Hummer? It’s just so evil.” (via rw)
The fashion industry doesn’t try to control its creativity the way that the music and film industries do. “The fashion world recognizes that creativity cannot be bridled and controlled and that obsessive quests to do so will only diminish its vitality. Other content industries would do well to heed this wisdom.”
Decent article about blogs (a rarity these days) from the Financial Times. “Each blogger was his, or her, own printing press, spontaneously exercising their freedom to criticise. Which is great. But along the way, opinion became the new pornography on the internet.”
Some big brands like Coke, McDonald’s, and Disney are growing more unpopular with “global teens”. “What applies to young people is ‘Did it break? And did my friends say it was cool?’ [It’s an] opinion process that goes on through IMs and text-messaging, and it applies to everything from movies to cargo pants.” (thx, stan)
Church of the Customer takes a look at how a Northern California restaurant called Cyrus competes with The French Laundry in attracting local customers, particularly those from wineries with big expense accounts for entertaining clients:
1. Match your competitor’s exceptional quality.
The food at both restaurants was cooked perfectly and beautifully presented. Both delivered flawless service. By matching the quality of its better-known competitor, Cyrus removes the primary barriers of opposition.
2. Allow your customers to customize.
The French Laundry offers three prix-fixe menus of nine courses each. Cyrus allows its customers to choose their number of courses and the dishes.
Local competition still matters. You usually think of restaurants like The French Laundry as competing on a national or international level. Over the years, Keller’s flagship has made several short lists of the best restaurants in the world. But as this article demonstrates, having to compete for the same pool of local customers can drive competitors to achieve a high level of excellence, higher perhaps than they would have achieved without that competition, and that excellence could lead to wider recognition. Even companies like Google, Yahoo, Microsoft, and Amazon who compete on a global level and don’t interact with their customers face-to-face still have to vie with each other for local resources, particularly employees.
Blockbuster films are getting more expensive and accounting for less of Hollywood’s box office take…is Hollywood’s emphasis on big movies nearing its end? I’ve always thought it was dumb that the movie industry put so many of its eggs in so few baskets. (ps. Chris Anderson’s Long Tail book is available for preorder on Amazon.)
CEO pay and perks can be a good indicator of how healthy a business is, so it makes sense that investors are interested in just exactly how much chief executives make. “We shouldn’t expect to see a dent in executive compensation anytime soon. But in the long run companies that don’t balance pay with performance tend to suffer where it matters most — in the stock market.”
Esther Dyson: Google is blind evolution, Yahoo is intelligent design. I’m not sure that’s the right metaphor to use if you want to put Yahoo on the same level as Google.
Why do hotels sometimes charge for internet access and sometimes don’t? My take is that most hotels figure that it’s mostly business travelers that use the internet and therefore it’s the guests’ companies who are footing the bill and since it’s a business necessity for them, the companies pay, no matter what the daily rate. Which sucks for those of us who like a little internet on vacation or want to keep our small business expenditures down.
Larry Ellison spends tens of millions of dollars in borrowed money every year, which is worrying his accountant, who wants him to diversify by selling some of his Oracle stock.
An account of how Pixar came about that goes back a little further (Xerox PARC, circa 1973) than the one I linked to a few days ago.
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