Blogging a Business Plan
Blog experts say not to post things like "what you do want me to blog about?" because it's gutless and demonstrates you don't have a clue what you're writing about. Well, I'm going to go one step further than that and start a thread here on what could be a business plan for this site.
Thing is, there is nothing new; it's not like my idea here will be so revolutionary that potential competitors will find my blog and steal the idea. I think a more likely outcome is that similar-minded people will find this idea, realize how they could contribute to it, and join me.
I want to create a resource site, a social resource for people who are and want to live creative, innovative lives. The topic is broad, but it is driven by two realizations:
1) The goal--in addition to helping people, being interesting and relevant, and perhaps helping to change the world--is to make money. To make money, I need a site that can attract a significant, well-defined audience. So, while a blog or site about tools for becoming involved in your community might be a good idea, it would have such narrow appeal that it would not be marketable. In order to be successful--in a way that the founders can monetize it--the site must attract and capture a large audience that advertisers want to reach.
2) The quality of the writing is part of the value proposition. Penelope Trunk did a great job of hitting goal #1 above with her startup BrazenCareerist. It's a site that clearly attracts the Generation Y professional--young people starting their careers who blend work and life to achieve their still-idealistic goals. But it is not necessary or even desirable for such a site to be 100% valuable content--bits and bits of factoids and advice nuggets. Part of the value of any media is that is enjoyable to experience.
Consider home improvement television. It is theoretically possible to record a show on how to build a deck, then play it back while you work on your deck. But hardly anyone does that. Most consumers passively watch these shows because they like the people telling the stories. They relate to what those other homeowners are doing in renovating their homes and they watch the show not only to gather ideas, but to live vicariously.
A resource for creative and innovative living must be more than tips and tricks, best practices, etc. You can get stuff like that from Lifehacker or many, many other blogs that cater to a specific interest.
The purpose of the site should not be to have the best tips or information you cannot find elsewhere. That's a very difficult challenge and hard to stay on top of. I think a successful site will present quality in a personal and engaging manner to stimulate good commentary. Often useful, usually relevant, always interesting.
To be continued...







07/14/08 07:34:41 am, 
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