The Best Ideas of 2006

The December issue of BusinessWeek was dedicated to the best and worst leaders, products, and ideas of 2006. I immediately gravitated towards the few pages dedicated to the best business ideas of 2006. According to the BusinessWeek staff writers, the best ideas of 2006 include free labor, social trend mining, Second Life, web 2.0 goes corporate, microloans, global warming, and exchange-traded funds (ETF).

The idea behind free labor is that the modern companies is learning to leverage the work done by others, such as using open source applications like Apache webserver, creative commons content such as Wikipedia or users generated content as in YouTube, or the collective opinion of a large group of ‘editors’ as in Digg. These companies are leveraging the free labor of their own users for their own profit. But we all now that there is no such thing as a free lunch, and I think users will soon demand a cut in the advertising money some of these sites are making.

Social trend mining describes the process some companies are executing to filter out the noise in blogs and other online social sites to graph, analyze, and monetize social trends.

Second Life is a vast and open online virtual world where you control avatars that interact with other users in a multitude of ways. The interesting thing is that virtual tools and property from Second Life are being sold and traded for real hard cold cash. The house market might be cooling, but there is a virtual land rush in Second Life. I just have one question, how does a virtual housing market bubble sound when it bursts?

Web 2.0 and Ajax have definitely been the most hyped and buzzed technology in 2006. Unfortunately not too many people can provide an adequate or definitive definition to these terms… According to BusinessWeek, companies and employers are using web 2.0 online websites, ‘MySpace-like professional networks,’ for finding jobs, manage contacts, follow leads, etc. Imagine a MySpace for business suits, a Digg for middle managers, a Blogger for investment bankers. In fact, it is easy to predict that all these web 2.0 social sites will spawn niche clones. Can you imagine a MySpace for dogs?

Microloans have been a hot topic all throughout 2006. Micorloans/microcredit was pioneered by Grameen Bank founding member Dr. Muhammad Yunus of Bangladesh. Dr. Yunus won the 2006 Nobel Peace Prize for his work in microloans. Now there are a lot of government-sponsored microloan programs in most the developing world, in fact you can now load $100 dollars to a poor farmer in Ecuador through sites such as Kiva.org.

Some of these hot trends will fizzle out in 2007 and some of these hot trends will supernova in 2007. Be alert so as to be in the ground floor of the new idea of 2007!

[tags]2006, ideas, best ideas, businessweek, microloans, microcredit, etf, second life, web2.0, digg, wikipedia, myspace[/tags]

Britney Spears Upskirt Pictures

Okay, I know this is might be old news for some… By now everybody has seen the clean-shaven underwear-less pictures of Britney Spears stepping out of a car ready to party. I actually just saw them 10 minutes ago via Fleshbot after my friend sent me the link… You can find the set of pictures revealing Britney’s crotch here

[tags]britney, spears, britney spears, upskirt, fleshbot, pictures, hot, crotch[/tags]

Maverick Cuban

Mark Cuban is a digital maverick having founded broadcast.com and selling it off to Yahoo! Coincidentally, he is the owner of the Dallas Mavericks. Mark was recently named one of the best and brightest of 2006 by Esquire magazine. Here are some Mark’s remarks from that article…

When you’ve got 10,000 people trying to do the same thing, why would you want to be number 10,001?

When you have a hammer, everything looks like a nail. And today’s hammer is the Internet, or digital.

I don’t care how Internet savvy you are or whether you’re in ninth grade or college, you’re not going to read twenty-five pages of text online.

With the Internet, life’s become an open-book test. You don’t need to know anything. There used to be value for memory. Now you can just Google it.

If you’re looking where everybody else is looking, you’re looking in the wrong spot.

[tags]esquire, cuban, maverick, dallas maverick, mark cuban, yahoo, google[/tags]

Truthiness

Truthiness. Noun. Word of the Year 2006 according to Merriam-Webster. Stephen Colbert of The Colbert Report defines truthiness as the “truth that comes from the gut, not books.”

The other top ten words of 2006 reference the failed war in Iraq and include Decider at number three, as when President Bush said ‘I’m the decider.’ War and Terrorism come in at number four and six respectively. While Sectarian and Quagmire come in at eight and nine.

[tags]colbert, colbert report, truthiness, war on terror, iraq, bush, decider, the decider, quagmire, dictionary, word of the year[/tags]

The Executive’s Book Club

The December issue of BusinessWeek has an article on Campbell Soup’s CEO Doug Conant entitled Lighting A Fire Under Campbell. According to the article Doug is a bookworm and “a devout reader of leadership tomes.” Here is a list of corporate leadership books that Doug has on his executive bookshelf…

Good to Great: Why Some Companies Make the Leap … and Others Don’t by Jim Collins
The 7 Habits of Highly Effective People by Stephen R. Covey
The SPEED of Trust: The One Thing that Changes Everything by Stephen M.R. Covey
Leadership Jazz by Max DePree
Authentic Leadership: Rediscovering the Secrets to Creating Lasting Value by Bill George
The Wisdom of Teams: Creating the High-Performance Organization by Jon R. Katzenbach and Douglas K. Smith
Purpose: The Starting Point of Great Companies by Nikos Mourkogiannis and Roger Fisher.
Treasure Hunt: Inside the Mind of the New Consumer by Michael J. Silverstein and John Butman

[tags]books, ceo, campbell, soup, leadership, book club, reading list, businessweek, executive, corporate, bookshelf[/tags]

Twelve Things

Dana Delany of NBC’s Kidnapped listed Twelve Things You Don’t Know About Women on December’s issue of Esquire. Here are my favorite things you didn’t know about women…

6. We like younger men for the same reasons you like younger women: stamina and skin.
7. There are two spots on women that need to be touched more: the back of the neck and the lower back. Fireworks

…

10. Never send red roses. That’s such a cliché. A simple wildflower will get you where you want to be.
11. Don’t try to figure us out. We don’t even understand ourselves. Just think of us as a complex carbohydrate that’s good for you.
12. We need you. Because a vibrating piece of plastic can’t kiss.

[tags]dana delany, delany, esquire, women, advice[/tags]