Making Money - BloggerCon III

  • How to make money? - Bloggercon III
  • Would you blog for a grant? e.g. McArthur Foundation
  • Is this a passion/love affair?
    • Is this a primary reward?
  • Is this a job?
  • Is this an addiction?
  • Writers are under the illusion that people want to read what they write
  • Writers have the need to write
  • if your blog makes money, should you give money to commenter and others who are part of the creative process
  • Dave Winer
    • start a business with people you know thru blogging, millions not nickels and dimes thru PayPal
    • required different kind of thinking - Dean Campaign made 40 million using a blog
    • use it as a way to solicit ideas, how to partner
    • blogs as newspaper and magazine = nickels and dimes
  • Weblogs are relationship tools
    • can fertilize it and things pop it
  • Blogging an incredible mechanism for making tipping points fast
  • Doc: branding came from cattle via PG, we are people, blogging is not branding
  • blogging is a great tool to do things that already existed
  • Product support blogs
    • big money
  • Jay Rosen - pressthink
    • journalists hired - the day they start they are drawing off credibility from paper
    • bloggers - start from 0 credibility and trust
      • you enter a flowing river
      • because you have to build trust and you have to earn links and readers, you learn things about trust that journalists have forgotten because they inherit from the paper's authority
      • if jay was a business, he would invest in the stuff about trust and audience that bloggers build
  • doc: blogging at microsoft is the most humanizing thing about microsoft
  • don't forget the teen market
    • they blog (live journal)
    • can make money of them !?!
  • dave's idea
    • let's make our own ipod
  • New biz ideas
    • new distribution models for media like dawn and drew
    • ross rader: somebody to produce and distribute podcasts
    • scoble: build products to get gets enthusiastic about learning how to program
    • cam barrett: more niche market blogging tools for existing niche markets with existing communities e.g. nascar dads, flyfish
      • communities that want to find indentity, content and branding that they care about
    • tools to find craftspeople e.g. in Mexico, how do they connect with their market?
    • multi-media search using audio and video to text meta data, make it easier, don't require people to fill in metadata
    • greg wolff - make niche tools specific to communities e.g. east bay
    • trendwatching and spotting thru blogs
    • university community is niche
  • Start a Venture Capital fund
    • and fund companies based on ideas started and developed by bloggers

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