Measure What Matters

More than once in recent weeks I’ve participated in (or overheard out of the corner-of-an-ear) discussions on how time-consuming social media has become, what the payoff might be, and when it might be realized. And I would certainly be surprised if many of you haven’t asked some version of these same questions of yourself or others.

Not only is the issue real; it is legitimate.  It isn’t as though any of us has either a shortage of work, or an overabundance of free time on our hands.

Why are we here?  What keeps pulling us back?  When will the investment pay off?  And will we recognize the payoff when it occurs?

Read more

Are you wow blind?

Kevin asked me: “Do ‘great ideas’ possess universally some sort of Wow Factor?”

The problems with this question: What does ‘great’ mean? And who decides what ‘wow’ is?

The challenge is this: lots of people think they know what both words mean in their area of endeavor, and many of them are wrong.

Consider the case of web 2.0 companies. People like Brad Feld and Fred Wilson are brilliant at understanding what wow means from the point of view of an investor. They have great taste about what’s going to pay off. They have a sense for which teams and which ideas will actually turn into great businesses.

Read more

Sniffing Out Real Expertise in Social Media

As the field of social media matures, there is the inevitable march of the unqualified and snake-oil sellers into this area of expertise. This is not something surprising given that social media *looks* simple, fun, hip, and sexy. Plus there is draw of, “yes you can be paid actual dollars to play on Facebook and Twitter.”

This march of the pretenders is not something new either. If you worked in the digital world through the booms of the Webmaster, push/pull technology, e-commerce or the early days of SEO, this new set of annoyingly unqualified competitors will be nothing new. However, this wave of shameless self-promoters is all the more concerning because they are using their social media footprint as their main qualifier. In a recent interview, a candidate for a job told me, “you can tell I’m an expert because I have nearly 10,000 followers on Twitter.” Hate to break it to you, but popularity does not equal expertise. 10,000 followers shows me that you are good at buidling followers, but anyone who truly knows the social media world appreciates that it is very complex and pointing to a single number as a demonstration of expertise only shows inexperience.

I have been thinking about a post on this for awhile and then I found an amazing post on the topic from Olivier Blanchard on the Brand Building Blog.

A few things about it really stuck with me:

  • A true expert is about more than numbers
  • They need passion that they can demonstrate through experience
  • That passion should easily come through in any conversation
  • They also need to be able to plan, but not a pre-baked, one-size-fits-all plan, but one that organically adapts to your organization

Read the full article. It is one of the best posts I’ve seen about this subject.

Rick Wion