evans ink

I’m been enthusiastically hammering my head against the wall of local media and small business revenue models for over a dozen years.  About a year ago, I strapped on my early stage start-up skates and wobbled my way back onto the ice.

the napkin phase

A lot has changed in the 6-7 years since I was an early stage entrepreneur.  While running a 150-person local media tech business keeps you contemporary with industry knowledge, rolodex and perspective, you forget the scrappy exhilaration and anxiety of a from-scratch business formed around a shining new idea. It also gives you a near carnal attachment to a clean cap table;)

learning to lean

I’ve read with a mixture of enthusiasm and marginal skepticism the lean start-up school of thought.  The “agile + listen to your market + pivot quickly” logic is high quality stuff for any start-up to seriously digest.

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We’ve grown up to view online business reviews and recommendations as something that gets accumulated into organized sources of browsable content. TripAdvisor and Yelp represent two highly successful cases-in-point of the power of critical mass to reviews.

The dominating model of shopping behavior goes something like this…

search > initial select > search again for opinion to test your decision > transact

As noted in Search Engine Watch, “the search continues because search engines aren’t the consumer’s most trusted source of advice”. As we all know, we’re spending more and more time socially connected.  This creates a new whole stepping off point for shopping behavior. In theory, the potential exists to invert the experience and infuse trust and recommendations into the front end of shopping.

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