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	<title>The Blog of Author Tim Ferriss &#187; Marketing</title>
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	<link>http://www.fourhourworkweek.com/blog</link>
	<description>Tim Ferriss's 4-Hour Workweek and Lifestyle Design Blog</description>
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		<title>Blogging by Numbers: How to Create Headlines That Get Retweeted</title>
		<link>http://www.fourhourworkweek.com/blog/2010/08/30/popular-retweets/</link>
		<comments>http://www.fourhourworkweek.com/blog/2010/08/30/popular-retweets/#comments</comments>
		<pubDate>Mon, 30 Aug 2010 07:51:33 +0000</pubDate>
		<dc:creator>Tim Ferriss</dc:creator>
				<category><![CDATA[Marketing]]></category>

		<guid isPermaLink="false">http://www.fourhourworkweek.com/blog/?p=2959</guid>
		<description><![CDATA[There is an art and science to getting blog posts to travel like wildfire. This post will look at both, based on number crunching with 281 posts, 39,000+ comments, and almost 2,000,000 click-throughs via my Twitter profile and Facebook fan page in the last six months. Here&#8217;s what I&#8217;ve found to work well&#8230; The Art [...]]]></description>
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<p>There is an art and science to getting blog posts to travel like wildfire.  </p>
<p>This post will look at both, based on number crunching with 281 posts, 39,000+ comments, and almost 2,000,000 click-throughs via my <a href="http://www.twitter.com/tferriss" target="_blank">Twitter profile</a> and <a href="http://www.facebook.com/timferriss" target="_blank">Facebook fan page</a> in the last six months.</p>
<p>Here&#8217;s what I&#8217;ve found to work well&#8230;</p>
<h3>The Art</h3>
<p>In this context, more than anything else, the <strong>&#8220;art&#8221;</strong> is coming up with good headlines.</p>
<p>I presented the above slide to a Fortune 100 company that wanted to encourage employees to blog.  The problem?  Their employees (mostly high-end engineers), as brilliant as they were, had no idea what to write about.  My suggestion was (and always is): focus on an obsession that makes you a bit weird.  Then tie it to something that interests more people. </p>
<p>Just invite a few friends to dinner, look at the graphic, and follow the instructions.  It&#8217;s fun.</p>
<p>Into trapeze or German techno?  Our starting headlines might be &#8220;How to Perform 5 Tricks on the Flying Trapeze&#8221; or &#8220;German Techno 101.&#8221;  That&#8217;s just a starting point.  Then we expand to what your wider circle of friends or co-workers might be interested in.  For example:</p>
<p><strong>&#8220;How German Techno Can Make You a Better Agile Programmer&#8221;<br />
&#8220;5 Principles of Flying Trapeze for Better Hiring Decisions&#8221;</strong></p>
<p>See how that works?  This recipe works, and it&#8217;s a plug-and-play format for getting started, and getting traffic.</p>
<p>Once you&#8217;ve had a bit of practice, it&#8217;s oftentimes easier &#8212; and more scalable &#8212; to imitate what works elsewhere.</p>
<h3>The Science</h3>
<p>The <strong>&#8220;science&#8221;</strong> is borrowing headlines or testing them.  Determining pass-along-value by the numbers.</p>
<p>How do you know if you have a good headline?  </p>
<p>There are several simple ways.  One indication: a tweet gets retweeted hundreds of times in less time than it would take to read what you linked to.  People retweet without reading where the link leads?!?  All the time.  Plan accordingly.</p>
<p>My last five posts have been retweeted 931, 508, 343, 683, and 813 times, for an average of 655.6 times.  </p>
<p>For clicks, the pay-off can be handsome.  In my case, these retweets can often drive 10,000+ unique visitors to a post.  Here are a few popular blog post titles, tracked using <a href="http://su.pr/" target="_blank">SU.PR</a> from StumbleUpon:</p>
<p><img src="http://farm5.static.flickr.com/4121/4940844040_ab207f3f4e.jpg"/><br />
<small><strong>Click <a href="http://farm5.static.flickr.com/4121/4940844040_d09ccce380_o.jpg" target="_blank">here</a> for large, more readable size.</strong></small></p>
<p>How do you learn what works?  Headlines are as old as writing itself.  </p>
<p>There are many sources, but rankings and data sets (often prolific bloggers) are what you want.  The simple version is: study <a href="http://www.digg.com" target="_blank">Digg</a> (look at &#8220;7 Days&#8221; or longer) and <a href="http://sethgodin.typepad.com/" target="_blank">Seth Godin</a> (look at the most retweeted).</p>
<p>Seth is a brilliant copywriter and outstanding headline craftsman.  I notice one of his repeating headline patterns appeared to be &#8220;The Difference Between [A] and [B]&#8220;, which I tested successfully with &#8220;<a href="http://www.fourhourworkweek.com/blog/2010/05/12/living-well-vs-doing-well/" target="_blank">The Difference: Living Well vs. Doing Well</a>.&#8221;</p>
<p>What the hell does my post title mean, exactly?  </p>
<p>Precisely.</p>
<p>Never tell the whole story in the headline if you want optimal click-through.  &#8220;Home Prices Drop 47%, Largest Single-Quarter Drop in 50 Years&#8221; isn&#8217;t nearly as good as &#8220;Largest Drop in Home Prices Since 1960: The Reasons, Numbers, and What You Can Do.&#8221;  There&#8217;s another element in the latter that makes it superior: it&#8217;s <em>prescriptive</em> instead of merely <em>descriptive</em>.  People don&#8217;t want more information about their problems; they want solutions to their problems.</p>
<p>Piquing curiosity can be done with questions instead of statements, and my question-based post titles are some of the best performing (such as &#8220;<a href="http://www.fourhourworkweek.com/blog/2010/06/09/choice-effect-why-are-you-single/" target="_blank">Why Are You Single? Perhaps It’s The Choice Effect</a>&#8220;), unless used more than 20% of the time, at which point, it appears that readers suffer &#8220;question burnout&#8221; and click-through plummets.  This is a common problem with (over)use of lists (&#8220;17 Things You Can Do For&#8230;&#8221; etc.).</p>
<p>Would &#8220;Why Are You Single?&#8221; have worked well by itself?  I don&#8217;t think so.  But what the hell is &#8220;The Choice Effect&#8221;?  Once again, this is exactly the point.  I want that question to bother you enough that you click on the link and, most important, read the piece.</p>
<p>Which of these two posts from Seth&#8217;s blog do you think did best, as measured by retweets?</p>
<p><a href="http://sethgodin.typepad.com/seths_blog/2010/08/how-long-before-you-run-out-of-talking-points.html" target="_blank">How long before you run out of talking points?</a><br />
<a href="http://sethgodin.typepad.com/seths_blog/2010/08/how-big-is-your-red-zone.html" target="_blank">How big is your red zone?</a></p>
<p>Which has a WTF?  </p>
<p>The red zone, of course, which got 685 retweets vs. 392 retweets for talking points.  WTF FTW! (Yes, I just judo chopped your brain with a palindrome)</p>
<p>But, is the headline the only factor contributing to retweets?  Of course not.  I&#8217;ve purposefully written bare bones posts on other <a href="http://blog.timferriss.com/random-thoughts-and-findings.html" target="_blank">experimental blogs of mine</a>, but crafted headlines by the numbers, to prove (to my satisfaction, at least) that headlines rule in online word-of-mouth.</p>
<p>You can test it yourself: split test on Twitter.  But&#8230; um, you can&#8217;t split test on Twitter, as much as it&#8217;d be cool to send version A to half of your followers and version B to the rest.</p>
<p>Or can you?  Kind of &#8212; you can test headlines with time-zone cohorts who are unlikely to overlap.  Huh?  In simple terms, this means that I like to publish blog posts at around, say, 2am PST and tweet out the working title at the same time.  I did this with &#8220;The Rebirth of Seth Godin and Death of Traditional Publishing: How Authors Really Make Money&#8221; to hit the US-based night owls.  </p>
<p>I then like to tweet out a new version B at around 8am PST the following morning (not yet changing the blog post title itself, and I never change the permalink once published), when the night owls will be mostly asleep.  I schedule this tweet in advance using <a href="http://su.pr" target="_blank">SU.PR</a>, as I&#8217;m also a night owl.  Last, I compare results and stick with the winner.  </p>
<p>This is how <strong>&#8220;The Rebirth of Seth Godin and Death of Traditional Publishing: How Authors Really Make Money&#8221;</strong> was switched around and became <strong>&#8220;How Authors Really Make Money: The Rebirth of Seth Godin and Death of Traditional Publishing.&#8221;</strong>  You&#8217;ll notice the latter version is in the &#8220;most popular&#8221; screen shot above for the last 30 days.</p>
<p>It&#8217;s an imperfect process, but I&#8217;ve found the results replicable.  </p>
<p>The exact timing of publication is less important than ensuring that most A cohorts are sleeping when you test the B version, or vice-versa.  In my case, non-US/Canadian readers (Brits in particular) can throw the numbers a little, but more than 60% of my readers are from the US and disproportionately located on the east or west coast, based on Facebook Insights. </p>
<h3>The Hail Mary Solution</h3>
<p>Last but not least, you can always do a Hail Mary blog title.  What, pray tell, is that?  It&#8217;s a title that pays homage to Twitter and becomes recursive. </p>
<p>A good example would be &#8220;How to Create Headlines That Get Retweeted.&#8221;</p>
<p>###</p>
<p><strong>Odds and Ends:</strong></p>
<p><strong>1) Is this helpful?</strong>  Please let me know in the comments what you&#8217;d like to read more of.<br />
<strong>2) Here&#8217;s a sneak peek of a goodie from the &#8220;Becoming Superhuman&#8221; book:</strong> <a href="http://athleticgreens.com/" target="_blank">Athletic Greens</a>, which I&#8217;ve been using for the last year.  I have no financial interest in the company or product.
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		<title>How Authors Really Make Money: The Rebirth of Seth Godin and Death of Traditional Publishing</title>
		<link>http://www.fourhourworkweek.com/blog/2010/08/23/seth-godin-and-print-publishing/</link>
		<comments>http://www.fourhourworkweek.com/blog/2010/08/23/seth-godin-and-print-publishing/#comments</comments>
		<pubDate>Tue, 24 Aug 2010 05:48:27 +0000</pubDate>
		<dc:creator>Tim Ferriss</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[The Book - 4HWW]]></category>

		<guid isPermaLink="false">http://www.fourhourworkweek.com/blog/?p=3009</guid>
		<description><![CDATA[What do the economics of publishing look like&#8230; really? (Photo: thinkpanama) (Special thanks to my agent, Steve Hanselman, and my anonymous sources within the world&#8217;s biggest publishing houses) Print is dead! This has become a popular headline, and a great way to get quoted, as Nicholas Negroponte has shown. Iconic author Seth Godin, after 12 [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://farm3.static.flickr.com/2112/2247354638_fbfa191c70.jpg"/><br />
<small><strong>What do the economics of publishing look like&#8230; really? </strong>(Photo: <a href="http://www.flickr.com/photos/23065375@N05/" target="_blank">thinkpanama</a>)</small></p>
<p>(Special thanks to my agent, <a href="http://www.publishersmarketplace.com/members/swhanselma/" target="_blank">Steve Hanselman</a>, and my anonymous sources within the world&#8217;s biggest publishing houses)</p>
<p><strong>Print is dead!  </strong></p>
<p>This has become a popular headline, and a great way to get quoted, as <a href="http://techcrunch.com/2010/08/06/physical-book-dead/" target="_blank">Nicholas Negroponte has shown</a>.  Iconic author Seth Godin, after 12 bestsellers, just announced that <a href="http://sethgodin.typepad.com/seths_blog/2010/08/moving-on.html" target="_blank">he will no longer pursue traditional publishing</a>, and the writing seems to be on the wall: the e-book is the future, plain and simple.</p>
<p>But what are the <em>real</em> concrete numbers?  How are established authors actually making money, and what should new authors do?  Go straight to e-book?</p>
<p>In this post, I&#8217;ll look at real-world numbers to discuss some hard truths of publishing, explain economics and pay-offs, and provide a few suggestions for aspiring authors.  </p>
<p>To start, some contrasting numbers&#8230;</p>
<p>- <a href="http://www.amazon.com/gp/product/0307465357?ie=UTF8&#038;tag=offsitoftimfe-20&#038;linkCode=as2&#038;camp=1789&#038;creative=390957&#038;creativeASIN=0307465357" target="_blank">The 4-Hour Workweek</a> is one of the <a href="http://kindle.amazon.com/popular_highlights/books_all" target="_blank">top-10 most highlighted Kindle books of all time</a>.</p>
<p>- The 4-Hour Workweek was the #1 business book when Kindle first shipped after November 2007, and is currently <a href="http://www.amazon.com/gp/product/B002WE46UW?ie=UTF8&#038;tag=offsitoftimfe-20&#038;linkCode=as2&#038;camp=1789&#038;creative=390957&#038;creativeASIN=B002WE46UW" target="_blank">around #116 in the Kindle store</a>.</p>
<p>- In my last royalty statement, December 2009, digital book sales (all formats, including Kindle) totaled&#8230;. ready?&#8230; a mere <strong>1.6% of total units sold</strong>.</p>
<p>My own book has been on the bestseller lists for more than three years, and I&#8217;ve tracked most multi-month bestsellers for all of those 36+ months using <a href="http://en.wikipedia.org/wiki/Nielsen_BookScan" target="_blank">Nielsen Bookscan</a> (among other tools) which covers about 75% of all retail book sales since 2001, including Amazon but excluding discount clubs such as Sam&#8217;s Club.  <a href="http://www.titlez.com/" target="_blank">Titlez</a> has also been useful for looking at detailed trending on Amazon.</p>
<p>This all gives me a good pool of data, and I feel like I have a good grasp of what authors are selling and&#8230; realistically earning directly from books.  If you&#8217;d like to get a basic idea, just subscribe to <a href="http://www.publishersmarketplace.com/lunch/free/" target="_blank">Publishers Lunch</a> to see what authors are getting paid as advances.  Enjoy. </p>
<p>We&#8217;ll come back to the <a href="http://www.amazon.com/gp/product/B003FSUDM4?ie=UTF8&#038;tag=offsitoftimfe-20&#038;linkCode=as2&#038;camp=1789&#038;creative=390957&#038;creativeASIN=B003FSUDM4" target="_blank">Kindle</a> numbers, but first, here&#8217;s a sketch of book economics, incentives and options:</p>
<p><strong>- For a hardcover book, authors typically receive a 10-15% royalty on cover price.</strong> This means that for a $20 cover price, the author will receive $2-3.  If you have a $50,000 advance, a $20 cover price, and a 10% royalty, you therefore need to sell 25,000 copies (&#8220;earn out&#8221; the advance) before you receive your first dollar beyond the advance.  This is the basic rule, but several quietly aggressive outfits &#8212; both Barnes and Noble&#8217;s in-house imprint (<a href="http://www.barnesandnoble.com/help/cds2.asp?PID=8153&#038;cds2Pid=8153#2" target="_blank">Sterling</a>, acquired in 2003) and Amazon&#8217;s in-house print arms, <a href="http://www.amazon.com/gp/feature.html?ie=UTF8&#038;docId=1000373401" target="_blank">AmazonEncore</a> and <a href="http://www.amazon.com/gp/feature.html?ie=UTF8&#038;docId=1000507571" target="_blank">AmazonCrossing</a> &#8212; could prove to offer more attractive terms.  Then there are the fascinating rogues like <a href="http://www.economist.com/blogs/prospero/2010/07/andrew_wylies_publishing_deal_amazon" target="_blank">Andrew &#8220;The Jackal&#8221; Wylie</a>.</p>
<p><strong>- For a trade paperback book, authors typically receive around half the royalty of a hard cover.</strong>  If you are making 15% on your hardcover, you might get 7.5% when it goes to paperback.  Guess what?  This means you now need to sell twice as many books to <em>break even</em>.  I think going to paperback is a bad idea for almost all authors, unless you want to double your work for the same income.  Do you really need the people who won&#8217;t buy a $20 book hardcover that&#8217;s already discounted to $12-14 dollars through Amazon or Barnes and Noble?  I don&#8217;t think so, yet most authors follow the hardcover-to-paperback progression without question.<br />
<strong><br />
- Electronic books, including Kindle, do not count towards the most famous bestseller lists</strong>, such as The New York Times bestseller list.  I suspect this will change within the next two years, but for now: print is what will make you famous in the mainstream.</p>
<p><strong>- If you choose to self-publish but stick with print format and retail distribution, you <em>might</em> double your royalty earnings.</strong>  This is based on conversations with friends who own their own boutique publishing houses, all of which have distribution in large chains like Barnes and Noble.  It&#8217;s fun to imagine that you could print a book with a $20 cover price and pocket $15, but that isn&#8217;t how the math works out.  Once you factor in retailer discounts and distributor percentages, you might end up netting 30% of cover price vs. 15%, if you&#8217;re lucky and have a print run of 20,000+ units (Can you afford the upfront cost, especially if retailers are paying net-30, net-60, or beyond?). Keep in mind you also need to manage things as a publisher, which could make your dollars-per-hour earnings less than with a traditional publisher.  There are a few promising companies, like <a href="http://www.authorsolutions.com/" target="_blank">Author Solutions</a>, trying to solve this problem for authors.</p>
<p><strong>- If you choose to go digital only as an e-book, this is where profit rules and amazing numbers can be achieved.</strong>  How amazing?  I know one man who nets between $5,000,000 and $10,000,000 <em>per month</em> with a single e-book and affiliate cross-selling to his customer lists.  I&#8217;m not kidding.  The downside is that you need to be a world-class marketer and understand affiliate and <a href="http://en.wikipedia.org/wiki/Cost_per_action" target="_blank">CPA advertising</a> better than anyone else in your niche (since there is little barrier to entry, and therefore plenty of competition).  Prepare to be an uber-competent CEO or fail if you choose this option.</p>
<h3>The Kindle Phenomenon &#8212; How Press Releases Are Misread</h3>
<p>Amazon is incredible and I expect nothing but more innovation from them.  Putting aside their coming bloodbath with Apple, though&#8230;</p>
<p>What of this announcement that <a href="http://techcrunch.com/2010/07/19/kindle-sales/" target="_blank">Kindle sales have now passed hardcover sales on Amazon</a>?  I believe this to be true, but there are a few things I suggest we keep in mind: </p>
<p><strong>1) Kindle books selling well does not mean that print books are selling poorly.</strong>  In fact, it appears quite the opposite.  From the <a href="http://online.wsj.com/article/SB10001424052748703720504575377472723652734.html?mod=ITP_marketplace_0" target="_blank">Wall Street Journal coverage</a> of the announcement:</p>
<blockquote><p>Still, the hardback comparison figure doesn&#8217;t necessarily mean the end is near for paper books. Amazon said its hardback book unit sales also continued to increase.</p></blockquote>
<p>It will be fun to see more precise Kindle sales when they are shown as a separate line item in Nielsen Bookscan, which should happen in the next year.</p>
<p><strong>2) The top-five Kindle selling authors of all-time, over 500,000 copies each, are all fiction writers </strong>(including Stieg Larsson, Stephanie Meyer, and others).  In the <a href="http://www.amazon.com/gp/bestsellers/digital-text" target="_blank">top-50 Kindle bestsellers</a> right now, I counted just <em>three</em> (3!) non-fiction books.  If you&#8217;re a non-fiction author, I&#8217;d think carefully before jumping the gun to all digital.  Remember that comment about print being dead?  What if we ask a high-level exec at one of the &#8220;Big Six&#8221; (explained later) about how print sales are declining?</p>
<blockquote><p>Hardcover trend is mixed and dependent on hot books.  If you are wondering about ebooks, commercial fiction is where you&#8217;re seeing the erosion.  Paperbacks are ok.  Mass markets are taking a hit.</p></blockquote>
<p>What are &#8220;mass market&#8221; books? The <a href="http://www.nytimes.com/2008/03/16/books/review/PaperRow-t.html" target="_blank">NY Times describes them</a> thus:</p>
<blockquote><p>Mass-market books are designed to fit into the racks set near the checkout counter at supermarkets, drugstores, hospital gift shops and airport newsstands. They are priced affordably so they can be bought on impulse. There are other production differences in binding and paper quality (historically, paperbacks were printed on “pulp” and could fit in the consumer’s pocket). The format is often used for genre fiction, science fiction, romance, thrillers and mysteries.</p></blockquote>
<p>Is it a coincidence that print impulse purchases are also the biggest sellers on Kindle?  I don&#8217;t think so.</p>
<p><strong>3) I believe (conjecture, yes) that the figure we are missing is Books-Per-Person.</strong>  If you have a Kindle, as I do, how many books did you buy in the first week or two?  How many unread books do you have on your Kindle?  Unlike with print books, you don&#8217;t have to look at a stack of unread material like undone homework.  Ergo, you purchase more digital books than you would ever purchase in print.  If Amazon is selling 180 Kindle books for every 100 print books, I wouldn&#8217;t be surprised if 10-20 people are responsible for the former, whereas 80-100 people are responsible for the latter.  This reflects that Kindle owners are buying more books per capita, not that paper purchasers are buying fewer.</p>
<p>Now, don&#8217;t get me wrong.  There has to be some cannibalization of sales, and much of print will die eventually, but it will take a long time.  Print is far from dead&#8230; and far from unprofitable.  Despite the industry-encouraged myth that print has no margins, a hardcover book sold for $20, assuming no graphics or color, can often be produced for less than $2 a copy.  With the proper economies of scale (unavailable to most individuals), the publishing biz can be quite a little cash cow.</p>
<p>Let&#8217;s cover some basics of traditional publishing next.</p>
<h3>What &#8220;Traditional&#8221; Publishing Looks Like</h3>
<p>Traditional publishing looks something like the following for non-fiction authors.  For fiction authors, you need to write the entire manuscript first. Here are the five steps:</p>
<p><strong>Step 1.</strong> Get an agent (best done through a referral from one of their authors).</p>
<p><strong>Step 2.</strong> Put together a book proposal, which is like a business plan.  It will contain marketing plans, your existing &#8220;platform&#8221; (who you can sell to or reach without publisher help), an executive summary of the book concept, and 1-3 sample chapters, among other things.</p>
<p><strong>Step 3.</strong>  Pitch to specific editors at different publishers through the agent and schedule meetings.</p>
<p><strong>Step 4.</strong>  Sell the book.  The editor will probably have signing authority up to a certain advance amount, but higher ups will need to sign off on larger advances.  If you don&#8217;t have a great platform for selling books without publisher help, don&#8217;t expect anything more than $50,000, and that&#8217;s being optimistic.  The $50,000 will not be paid all at once, but in several installments, something like this:  1/4 upon signing the deal, 1/4 upon publisher acceptance of manuscript, 1/4 upon publication, and 1/4 upon paperback publication (assuming you start with hardcover).</p>
<p><strong>Step 5.</strong>  Write the book.  Keep in mind, you&#8217;re not getting paid the advance all upfront, and writing a good book will probably take at least a year if you&#8217;re hoping to have good word-of-mouth and some longevity.  I&#8217;ve been working on <a href="http://www.fourhourworkweek.com/blog/2009/06/22/the-next-book-from-rapid-fat-loss-to-strongmen-a-guide-to-becoming-superhuman/" target="_blank">my new book</a> for more than three years.  I&#8217;ve spent this time because I want it to sell like mad for no fewer than five years after publication, preferably more than a decade if I update it on an annual or semi-annual basis.</p>
<p>For more detail and recommended books, which I used as guides, read &#8220;<a href="http://okdork.com/2007/04/24/how-to-get-a-book-deal-with-world%E2%80%99s-largest-publisher/" target="_blank">How to Sell a Book to the World&#8217;s Largest Publisher</a>,&#8221; which explains exactly what I did. </p>
<p>Below are the &#8220;Big Six&#8221; publishers &#8212; most of the bestsellers you see come out of one of their divisions (called &#8220;imprints&#8221;). In no particular order:</p>
<p><a href="http://www.lagardere.com/businesses/lagardere-publishing-1005.html" target="_blank">Lagardere</a> (owns Hachette)<br />
<a href="http://www.harpercollins.com/" target="_blank">Harper Collins</a><br />
<a href="http://www.macmillan.com/" target="_blank">Macmillan</a> (owns St. Martin&#8217;s)<br />
<a href="http://www.penguin.com/" target="_blank">Penguin Group</a><br />
<a href="http://www.randomhouse.com/" target="_blank">Random House</a> (the largest, and where my book lives within the &#8220;<a href="http://www.randomhouse.com/crown/" target="_blank">Crown Publishing</a>&#8221; imprint)<br />
<a href="http://www.simonandschuster.com/" target="_blank">Simon and Schuster</a></p>
<p>All of these publishers have iBook agreements with Apple except for one&#8230; Random House.  Why?  Is Random House just unable to see the obvious future?  Nah, I don&#8217;t think that&#8217;s true.  There are plenty of smart people working at Random House, and that includes their legal department.</p>
<p>The paragraph that follows is all hypothetical:</p>
<p>What might happen if the iBooks agreements of the other Big Five all have suspiciously similar terms?  If there were a federal investigation, might that lead to charges of collusion among the publishers and have terrible financial consequences for an already fragile industry?  It certainly would.  By distancing themselves and coming in late to the game, Random House &#8212; again, hypothetically &#8212; would be playing a very smart hand, indeed.</p>
<p>For those of you who are devoted to your iPads (I do like mine), you can always use the Kindle app to read Random House books on them pretty screens.</p>
<h3>So What Should Authors Do?</h3>
<p>First off, writing books is a terrible revenue model for authors.  </p>
<p>Precious few books sell more than 25,000 copies, so it&#8217;s unlikely you&#8217;ll make even $75,000 a year from book royalties. In rare cases, you might have a perennial bestseller, but this is less than 1% of all books sold and not a good bet to make.  </p>
<p>There are still a few reasons you might consider writing a book and going through traditional channels:</p>
<p><strong>- Speaking:</strong> Particularly in the business category, if you target your Fortune 500 audience well enough, you can stair-step your way into $20,000 per 60-minute keynote without needing a miracle.  Hundreds, if not thousands, of authors earn this kind of money.  The higher echelon can make $80,000 or more per speaking engagement.  Needless to say, this adds up fast.</p>
<p><strong>- Reputation and audience:</strong> Money is a means to something else. Not unlike wampum, income is traded for either a possession or an experience.  If you use your book to build a reputation as a thought leader, and if you can establish a direct line of communication to intelligent readers (through a blog, for instance), it is possible to bypass income and get almost any experience for free or next-to-free.  The middleman of currency is removed, and you also have access to things money can&#8217;t buy, whether it&#8217;s interesting people or unusual resources.</p>
<p>Though I have done high-level speaking and enjoy it with the right audience, I typically do fewer than a dozen engagements a year.  I prefer to focus on connecting with my readers and having fun with cashless adventures.</p>
<p>How do you build a base of fans or supporters and build a high-traffic blog?  Here are two detailed closely related case studies:</p>
<p><a href="http://www.fourhourworkweek.com/blog/2007/08/06/how-does-a-bestseller-happen-a-case-study-in-hitting-1-on-the-new-york-times/" target="_blank">How Does a Bestseller Happen? A Case Study in Hitting #1 on the New York Times </a><br />
<a href="http://www.fourhourworkweek.com/blog/2009/12/13/how-to-create-a-global-phenomenon-for-less-than-10000/" target="_blank">How to Create a Global Phenomenon for Less Than $10,000 </a></p>
<p>So what of self-publishing versus the more traditional route?</p>
<p>Reputation, at least in the mainstream and for the next few years, is difficult to build if you self-publish.  In the below five-minute discussion, NY Times bestselling author <a href="http://www.iwillteachyoutoberich.com/" target="_blank">Ramit Sethi</a> and I discuss the pros and cons of self-publishing vs. getting a &#8220;real&#8221; publisher:<br />
<object width="500" height="400"><param name="movie" value="http://www.youtube.com/v/ffYVm5g6oSk?fs=1&amp;hl=en_US&amp;color1=0xe1600f&amp;color2=0xfebd01"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/ffYVm5g6oSk?fs=1&amp;hl=en_US&amp;color1=0xe1600f&amp;color2=0xfebd01" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="500" height="400"></embed></object></p>
<h3>In Closing</h3>
<p>For established and successful authors, like Seth Godin or Jim Collins, self-publishing in print or digital is a supremely viable option.  Jim Collins self-published his last print book, <a href="http://www.amazon.com/gp/product/0977326411?ie=UTF8&#038;tag=offsitoftimfe-20&#038;linkCode=as2&#038;camp=1789&#038;creative=390957&#038;creativeASIN=0977326411" target="_blank">How the Mighty Fall</a>, and was featured on the cover of BusinessWeek magazine to help push it up the bestseller ranks.  Seth could do the same.</p>
<p>Why is this possible?  </p>
<p>Because they have incredible reputations that were built, in part, on top of the traditional publishing machine.  The Big Six and their close cousins are in real trouble.  Some of them might adapt (which will include massive lay-offs), but most will not.  In the next few short years, there will also be many interesting publishing alternatives for aspiring authors.</p>
<p>But, all that said, there is still real value in having the rare stamp of approval that a &#8220;traditional&#8221; publisher provides.  I don&#8217;t think this will change much in the next 12 months, perhaps even 24 months.  </p>
<p>Now, a handful of first-time, self-published authors hit the New York Times list, that&#8217;s an entirely different story&#8230;</p>
<p>###</p>
<p><strong>Recommended reading</strong> &#8211; Below are the three books I&#8217;ve suggested to a dozen or so aspiring-author friends. Almost half of them later hit the New York Times bestseller list. Reading these doesn&#8217;t guarantee that outcome, of course, but it will help:</p>
<p><a href="http://www.amazon.com/gp/product/0887306667?ie=UTF8&#038;tag=offsitoftimfe-20&#038;linkCode=as2&#038;camp=1789&#038;creative=390957&#038;creativeASIN=0887306667" target="_blank">The 22 Immutable Laws of Marketing</a> (to help you craft the right message and themes)<br />
<a href="http://www.amazon.com/gp/product/0385480016?ie=UTF8&#038;tag=offsitoftimfe-20&#038;linkCode=as2&#038;camp=1789&#038;creative=390957&#038;creativeASIN=0385480016" target="_blank">Bird by Bird</a> (to help you write the damn thing and not shoot yourself)<br />
<a href="http://www.amazon.com/gp/product/1593375247?ie=UTF8&#038;tag=offsitoftimfe-20&#038;linkCode=as2&#038;camp=1789&#038;creative=390957&#038;creativeASIN=1593375247" target="_blank">Author 101: Bestselling Book Publicity</a> (to help you reach and excite big media)<br />
<strong><br />
Afterword: Book Format and Multimedia Books, etc.</strong></p>
<p>In the comments below, I was asked the following question:</p>
<p>&#8220;Tim, I have a question… Before I decided to self-publish, I got a couple decent offers from traditional publishers, but they all involved 10+ months of lag time between when everything is ready to actually print and when they would actually print. I’m not nearly patient enough for that much delay. Is the world of “real published authors” really limited to people who are comfortable waiting around a year for their book to manifest?&#8221;</p>
<p>My answer addresses a few other common questions I get:</p>
<p>Hi Jeff,</p>
<p>With the big boys, yep.  That&#8217;s the lag time in production.  I actually kind of like it.  Allow me to explain:</p>
<p>It forces you to think about your material and attempt to make it perennial.  Which advice will be obsolete in 12 months?  Delete.  Which advice would be obsolete in 24 months?  That means it will only be good about 12 months after pub date.  Delete.  </p>
<p>I find that it helps refine your thinking, just as having the content in a fixed form (print) forces you to consider your writing and editing more seriously than if you could change it willy-nilly like a blog post.  There are certainly benefits to the multimedia books on the horizon, but I wouldn&#8217;t call them &#8220;books&#8221;, and I think the bells and whistles of video, hyperlinks, etc. will be used to mask sloppy thinking as often, if not more often, than they will be used to create a more compelling argument or presentation.  The wordsmithing and precision of the language will suffer with the crutches of embeddable video, etc.  Will they make perfect sense for some books?  Absolutely.  Will they distract and detract from the flow of the prose, story, or argument in most cases?  Absolutely.</p>
<p>To me, &#8220;timely&#8221; books are a bad bet for writers.  If the content delivers value based on timing near recent events, other media have it beat.  I think long-form books should have a longer shelf life, and therefore require harder thinking throughout the process to ensure the content has value 1 year, 5 years, even 10 years down the line.</p>
<p>Hope that helps!</p>
<p>Tim
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		<title>From CEOs to Opera Singers &#8211; How to Harness the &#8220;Superstar Effect&#8221;</title>
		<link>http://www.fourhourworkweek.com/blog/2010/07/27/the-superstar-effect/</link>
		<comments>http://www.fourhourworkweek.com/blog/2010/07/27/the-superstar-effect/#comments</comments>
		<pubDate>Wed, 28 Jul 2010 03:47:06 +0000</pubDate>
		<dc:creator>Tim Ferriss</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[calvin newport]]></category>
		<category><![CDATA[the superstar effect]]></category>

		<guid isPermaLink="false">http://www.fourhourworkweek.com/blog/?p=2896</guid>
		<description><![CDATA[Sumo stable in Tokyo, Japan: you don&#8217;t need to be a superstar to use the Superstar Effect. The following is a guest post by Cal Newport, MIT Ph.D and all-around whiz on competing against the odds. His discussion &#8212; and suggested uses &#8212; of the &#8220;superstar effect&#8221; and corollary are mirrored in what I tell [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://farm5.static.flickr.com/4145/4835564810_06f81879eb_o.jpg"/><br />
<small><strong>Sumo stable in Tokyo, Japan: you don&#8217;t need to be a superstar to use the Superstar Effect.</strong></small><br />
<body></p>
<p>The following is a guest post by <a href="http://www.calnewport.com/books/" target="_blank">Cal Newport</a>, MIT Ph.D and all-around whiz on competing against the odds.  </p>
<p>His discussion &#8212; and suggested uses &#8212; of the &#8220;superstar effect&#8221; and corollary are mirrored in what I tell first-time start-up founders:</p>
<p><strong>Most of the time, it&#8217;s not enough to be better. You need to be different.</strong></p>
<p>Enter Cal Newport&#8230;</p>
<p>###</p>
<p>
Earlier this year, just 2,300 of 32,000 applicants to Stanford University were accepted &#8212; a rate of 7.2%, the lowest in the school&#39;s history.
</p>
<p>
The students who survived this screening are phenomenally accomplished.  <a href="http://ucomm.stanford.edu/cds/cds_2009.html" target="_blank">A quarter had SAT math scores higher than 780</a>, and over 90% had high school G.P.A.&#39;s above 3.75, which works out, more or less, to straight A&#39;s over four years of schooling. And these weren&#39;t easy A&#39;s: the average applicant to a top-tier university takes an overwhelming volume of demanding AP or IB-level courses. (Not surprising, considering that <a href="http://ucomm.stanford.edu/cds/cds_2009.html" target="_blank">the Stanford admissions departments ranks the &quot;rigor of secondary school record&quot; as &quot;very important&quot; in their decision</a>.)</p>
<p>
If you eliminate recruited athletes and the children of the rich and famous from this pool &#8212; categories that receive special consideration &#8212; these numbers become even starker. In short, for the average, middle-class American high school senior, applying to Stanford is like playing the lottery.
</p>
<p>
<em>Which is why Michael Silverman proves baffling.</em>
</p>
<p>
When Michael, a student from Paradise Valley, Arizona, applied to Stanford, his G.P.A. put him in the bottom 10% of accepted students. His SAT scores fell similarly short. &quot;Standardized testing isn&#39;t my strong point,&quot; he told me. Perhaps more surprising, Michael avoided the crushing course load that diminishes the will of so many college hopefuls, instead <em>taking only a single AP course</em> during the dreaded junior year. He kept his extracurricular schedule equally clean &#8212; joining no clubs or sports and dedicating his attention to no more than one outside project at any given time.</p>
<p>
Michael&#39;s rejection of the <em>no pain, no gain</em> ethos surrounding American college admissions is perhaps best summarized by his habit of ending each school day with a 1 &#8211; 2 hour hike to the summit of nearby Camelback Mountain. While his peers worked slavishly at their killer schedules, Michael took in the view, using his ritual as a time to &quot;chill out and relax.&quot;
</p>
<p>
Despite this heretical behavior, <strong>Michael was still accepted at Stanford. To understand why, I will turn your attention to a little-known economics theory that changes the way we think about impressiveness</strong>. To get there, however, we&#39;ll start at an unlikely location:<em> the competitive world of professional opera singers.</em></p>
<p><h3>The Opera Singer and the Valedictorian</h3>
</p>
<p>
Juan Diego Florez cemented his reputation as a top operatic tenor during a 2008 performance of Gaetano Donizetti&#39;s <em>La Fille du Regiment</em>. Among professional singers, Donizetti&#39;s masterpiece is known as <a href="http://en.wikipedia.org/wiki/La_fille_du_r%C3%A9giment" target="_blank">&quot;the Mount Everest of opera&quot;</a>; a reputation due, almost entirely, to a devilishly tricky aria, &quot;Ah! Mes amis, quel jour de fete,&quot; that arrives early in the first act. The aria demands the tenor to hit nine high C&#39;s in a row &#8212; a supremely difficult feat. </p>
<p>
In his 2008 performance of Donizetti, at the Metropolitan Opera House, Florez hit all nine notes. The acclaim was so overwhelming that he was summoned back to the stage for an encore, overturning the Met&#39;s long-standing ban on the practice.
</p>
<p>
As a top opera singer, we can assume that Florez does well for himself financially (likely on the order of 5-digit paydays per performance), but not lavishly well. Put another way: he&#39;s well-off but not wealthy.
</p>
<p>
<em>Then there are the superstars.</em>
</p>
<p>
In 1972, a young tenor by the name of Luciano Pavarotti also made a name for himself performing Donizetti at the Met. Like Florez, he too hit the high C&#39;s. But there was something <em>extra</em> in Pavarotti&#39;s voice. The audience at the Met in 1972 did more than demand an encore from Pavarotti, they weren&#39;t content until he had returned to the stage seventeen times! In writing about Florez&#39;s 2008 performance,<a href="http://www.nytimes.com/2008/05/21/arts/music/21met.html" target="_blank"> the <em>New York Times</em> noted</a>: &quot;If truth be told, it&#39;s not as hard as it sounds for a tenor with a light lyric voice like Mr. Florez to toss off those high C&#39;s&#8230;[I]n the early 1970&#39;s, when Luciano Pavarotti&#8230;let those high Cs ring out, that was truly astonishing.&quot;</p>
<p>
In other words, both Florez and Pavarotti are exceptional tenors, but Pavarotti was slightly better &#8212; the best among an elite class. The impact of this small difference, however, was huge. <strong>Whereas we estimated that Florez was well off but not wealthy, when Pavarotti died in 2007, sources estimated his estate to be worth $275 to 475 million.</strong>
</p>
<p>
In <a href="http://faculty.arec.umd.edu/cmcausland/RAKhor/RAkhor%20Task7/Rosen81.pdf" target="_blank">a 1981 paper</a> published in the <em>American Economics Review</em>, the economist Sherwin Rosen worked through the mathematics that explains why superstars, like Pavarotti, reap so many more rewards than peers who are only slightly less talented. He called the phenomenon, <strong>&#8220;The Superstar Effect.&#8221;</strong></p>
<p>
Though the details of Rosen&#39;s formulas are complex, the intuition is simple: Imagine a million opera fans who each have $10 to spend on an opera album. They&#39;re trying to decide whether to buy an album by Florez or Pavarotti. Rosen&#39;s theory predicts that the bulk of the consumers will purchase the Pavarotti album, thinking, roughly: <em>&quot;although both singers are great, Pavarotti is </em>the best<em>, and if I can only get one album I might as well get the best one available.&quot;</em>  The result is that the vast majority of the $10 million goes to Pavarotti, even though his talent advantage over Florez is small.
</p>
<p>
Once identified, <strong>The Superstar Effect turned up in a variety of  unexpected settings, from the sales of books to CEO salaries.</strong> It was found to apply even in settings that have nothing to do with financial transactions. In a particularly compelling example, a researcher named Paul Atwell, publishing in the journal <em>Sociology of Education</em> in 2001, <a href="http://cat.inist.fr/?aModele=afficheN&amp;cpsidt=14212313" target="_blank">studied the Superstar Effect for high school valedictorians</a>.</p>
<p>
Atwell imagined two students both with 700s on their various SAT tests. The first student was the valedictorian and the second student was ranked number five in the class. Rationally speaking, these two students are near identical &#8212; the difference in G.P.A. between the number one and number five rank is vanishingly small. But using statistics from Dartmouth College, Atwell showed that the valedictorian has a 75% of acceptance at this Ivy League institution while the near identical fifth-ranked student has only a 25% chance.
</p>
<p>
In other words, in many fields, it pays disproportionately well to be not just very good, but <em>the best.</em>
</p>
<p><h3>Hacking the Superstar Effect<br />
</h3>
</p>
<p>
Taking a step back, we likely agree that it&#39;s an interesting finding that being the best has a hidden advantage. If reaping this advantage, however, requires becoming class valedictorian or honing a brilliant singing voice &#8212; both staggeringly difficult feats &#8212; it doesn&#39;t seem all that applicable.
</p>
<p>
<em>This is where Michael Silverman reenters the picture.</em>
</p>
<p>
The details of his story reveal a crucial addendum that makes the power of the Superstar Effect available to most people. I call this addendum <strong>The Superstar Corollary</strong>, and it&#39;s here I turn your attention next.</p>
<p>
I discovered The Superstar Corollary in an unlikely setting: the extracurricular lives of high school students. I was <a href="http://www.amazon.com/How-High-School-Superstar-Revolutionary/dp/0767932587/ref=sr_1_4?ie=UTF8&amp;s=books&amp;qid=1279035249&amp;sr=8-4" target="_blank">researching a book</a> on students, like Michael, who get accepted to outstanding colleges while still living low-stress and interesting lives. During this research, I kept noticing the same trait in these teen-aged lifehackers: <strong>they had accomplishments that triggered The Superstar Effect, but which revealed on closer examination to <em>not</em> require a rare natural talent or years and years of grinding work. </strong>
</p>
<p>
For example, consider the details Michael&#39;s story. Starting as a freshman, he focused all of his extracurricular energies on a serial string of environmental sustainability projects. He started by submitting a model of a green house to a competition. This led him to discover that a local energy company offered a grant program for local high school students. He won a modest grant, and used it, with the help of a retired engineer from his hometown, to retrofit a golf cart to run on biofuels. Leveraging this success, he earned another grant which he used to install solar panels on his school&#39;s maintenance shed. This earned him press coverage, and the resulting Superstar Effect helped  wow the Stanford admissions department into overlooking his borderline scores.</p>
<p>
Notice that nothing about Michael&#39;s rise to stardom required a rare natural talent or overwhelming work load. His projects required, on average, less daily time investment than participating in a varsity sport. Yet, he was <em>the best</em> at what he did among all applicants to Stanford, and the resulting Superstar Effect earned him a disproportionate reward.
</p>
<p>
Michael wasn&#39;t alone in his success at hacking The Superstar Effect. Consider, for example, <a href="http://maneeshsethi.com/" target="_blank">Maneesh Sethi</a> (featured recently in<a href="http://www.fourhourworkweek.com/blog/2009/12/31/cold-remedy-15-real-world-lifestyle-design-case-studies-now-its-your-turn/" target="_blank">Tim&#39;s lifestyle design case study competition</a>), who got into Stanford on the strength of having written a popular computer programming book, or <a href="http://lsatblog.blogspot.com/" target="_blank">Steve Schwartz</a>, who got into Columbia by taking on the role of press officer for a student-run environment advocacy group. Both found uncontested niches that required only a reasonable amount of effort investment to conquer, but still triggered the full impact of The Superstar Effect.</p>
<p>
I formalize this idea with the following corollary:
</p>
<blockquote><p><strong>The Superstar Corollary</strong><br />
Being the best in a field makes you disproportionately impressive to the outside world. This effect holds even if the field is not crowded, competitive, or well-known.</p></blockquote>
<p>
In other words, becoming valedictorian or a sustainability guru both generate the same Superstar Effect, but the former is much harder than the latter.
</p>
<blockquote><p><strong>[Post publication addition from Tim] From the comments following this post, here is a comment from former Ivy League admissions officer, Peggy Hanefors:</strong></p>
<p><em>Thank you both for a great article&#8230; I was at the University of Pennsylvania for three years. Top schools do indeed love these “super stars”. Students who can easily do the academic work required but who really shine in some way. Why? Well, I think there are a few reasons. Of course most basic is the need of building a diverse class. How boring it would be to have a university filled with all valedictorians who are also tri-sport captains with near perfect SATs!</p>
<p>But beyond that is the need for good stories; interesting students to talk about in promotional materials and alumni magazines. Students who will make campus more exciting simply because they are there. Students who won’t join an investment bank or consulting firm upon graduation because that is the traditional way of “making it”. Michael is one of these interesting students.</p>
<p>Michael has two abstract traits that all selective admissions offices travel the world to find: passion and an ability to take advantage of opportunities they come across. Michael clearly cares about the environment, even hikes a couple of hours a day. His interest rings true, are consistent (common across several of his extra curricular activities and over time), and he could probably demonstrate his passion in his essays and interview.<br />
Michael also took advantage of opportunities that he came across. Teenage students’ interests often change, but the unique ability to take that interest a step further does not.</p>
<p>The one thing I would add to the definition of “The Superstar Corollary” is an ability to do the unexpected. The courage to do something contrary to parental, societal and cultural expectations and stereotypes, including the unknown personal stereotypes of the admissions officers. This ability makes a person that “superstar”. Cal does not tell us what Michael’s parents do, but if one of them works with environmental sustainability Michael’s accomplishment suddenly becomes less impressive. Similarly it is more “cool” if an Hispanic student is a champion of Bharatanatyam dance, a traditionally Indian art form, if an African-American is a violin virtuoso as opposed to someone of Asian heritage, and if someone whose parent is not a Mayor leads a local political initiative. Fair? No, admissions never is.</em></p></blockquote>
<p><h3>The Superstar Corollary and Lifestyle Design</h3>
</p>
<p>
Let&#39;s move beyond high school students and broaden the applicability of this powerful idea. The Superstar Corollary hacks the neural circuity responsible for producing feelings of respect and impressiveness, yielding a huge return on effort invested. As detailed below, this makes it a perfect tool for lifestyle design.
</p>
<p>
<em><strong>For the employee seeking liberation&#8230;</strong></em>
</p>
<p>
Triggering The Superstar Effect in your employer provides a valuable bargaining chip when trying to inject mobility and flexibility into your work schedule.<strong> Employers don&#39;t mind upsetting hard workers, but they fear losing stars.</strong>  The Superstar Corollary gives you an efficient route to this workplace stardom.</p>
<p>
Imagine, for example, a programmer in a web development shop. The Corollary might inspire her to become a top contributor to some new, up and coming, open source technology. Becoming known as a world expert yields more impressiveness than if she had invested the same hours into simply working overtime on her existing projects.
</p>
<p>
To give another example, imagine an entry-level employee at a non-profit. By taking on responsibility for tracking the organization&#39;s web site visitors, and then mastering enough Google Analytics to present beautiful analyses to the board, the employee will be seen as <em>the</em> technology guru of the organization &#8212; a star who is helping them understand their audience in new ways. This aura of stardom outstrips what&#39;s achievable if he had instead invested his efforts only into being a conscientious, efficient, hardworking, and <em>replaceable</em> employee.
</p>
<p>
<em><strong>For the owner of a muse looking to increase his rewards-to-effort ratio..</strong></em>.
</p>
<p>
For the post-liberation, muse-owning lifestyle entrepreneur, The Superstar Corollary provides a powerful tool for ramping up returns without ramping up the work invested.
</p>
<p>
Writer Chris Guillebeau, from <a href="http://www.chrisguillebeau.com/" target="_blank">The Art of Non-Conformity blog</a>, provides a perfect example of the Corollary at work in a lifestyle business. Instead of starting yet another site offering generic lifehacking hints, Chris found an uncontested corner of his field to conquer. Specifically, he set out on a mission <em>to visit every country in the world</em>. The scope of this quest transformed him into a star among travel/lifehacking bloggers, and his site quickly become a lucrative success.
</p>
<p><h3>Applying The Superstar Corollary </h3>
</p>
<p>
Applying The Superstar Corollary in your own life can be tricky. Here are some ideas to facilitate this effort.<em><br />
</em>
</p>
<p>
<strong>Idea #1: Sloganize.</strong>
</p>
<p>
To <em>sloganize</em> is to transform your conquest into an easy-to-describe and immediately interesting quest. For example, Chris Guillebeau, mentioned above, sloganized his conquest of the adventure travel writing by focusing on the catchy goal of visiting every country in the world. Similarly, in my above example of a web programmer mastering a new open source technology, she might sloganize her efforts by writing a definitive eBook on the subject. To say that she literally &quot;wrote the book&quot; on the technology gives the expertise extra power.
</p>
<p>
The power of sloganizing is clear: it maximizes the superstar impact of your conquest.</p>
<p>
<strong>Idea #2: Apply the $1000 Wager Test.</strong>
</p>
<p>
Two years ago, I had a series of conversations with my friend <a href="http://ben.casnocha.com/" target="_blank">Ben Casnocha</a> about  the possibility of writing an eBook. Both Ben and I had written and published successful books on the side, and we were exploring the idea of a guide on how successful part-time authors manage to juggle their full time job with their writing. Ultimately, we abandoned the idea. The problem: <em>there wasn&#39;t enough to say</em>. The part-time authors who have the easiest time writing books tend to be those who know enough about the industry to be confident in the success of their project. This confidence is what allows them to keep finding time in their schedules to write; fancy scheduling rules and productivity systems prove irrelevant.
</p>
<p>
This same observation carries over to the quest to conquer an uncontested niche in your field. <strong>To follow through you need confidence in your success; otherwise, your efforts will diminish over time, regardless of the complexity of your productivity systems or the fervor of the inspirational quotes you read.</strong> Here&#39;s a simple rule: If you&#39;re not willing to bet $1000 on your success within 6 to 12 months, then either your goal is quixotic or you don&#39;t know enough about the field yet. In both cases, you&#39;re not ready for the project. <strong>A blind adherence to <a href="http://calnewport.com/blog/2008/06/27/dangerous-ideas-getting-started-is-overrated/" target="_blank">the flawed idea that getting started is the most important step</a> is best left to cheesy motivational speakers</strong> &#8212; winners make plays with confidence.
</p>
<p>
<strong>Idea #3 Follow Steve Martin&#39;s Brand of Diligence</strong>
</p>
<p>
In his memoir, <em><a href="http://www.amazon.com/Born-Standing-Up-Comics-Life/dp/1416553657/ref=sr_1_1?ie=UTF8&amp;s=books&amp;qid=1279035667&amp;sr=8-1" target="_blank">Born Standing Up</a></em>, the comedy superstar Steve Martin provides insight into his rise to prominence. <a href="http://calnewport.com/blog/2008/02/01/the-steve-martin-method-a-master-comedians-advice-for-becoming-famous/" target="_blank">I&#39;ve written in-depth about his method</a>, but perhaps the most important concept is Martin&#39;s redefinition of &quot;diligence.&quot; He notes that diligence was crucial in his rise to comedic fame, but he&#39;s quick to redefine the term away from it&#39;s standard definition of &quot;hard work applied consistently over time.&quot; <strong>To Martin, the key to diligence isn&#39;t the work applied to <em>your</em> pursuit, but instead the work you don&#39;t apply to <em>other</em> pursuits</strong>. He succeeded in reinventing comedy because he kept his focus on comedy, even when other, more shiny and interesting side projects presented themselves.</p>
<p>
The same concept applies to The Superstar Corollary. When conquering your uncontested niche, it can be tempting to divide your attention. Here is where Martin&#39;s diligence is key. The bonus reward you get for being <em>the best</em> far outweighs any small benefit that a shiny new side project can provide. On the large scale, therefore, maintaining a relentless focus on your conquest maximizes your total overall reward.
</p>
<p><h3>Concluding Summary</h3>
</p>
<p>
We&#39;re wired to be disproportionately impressed with someone who is the best at what they do. This effect, however, is blind to the competitiveness of the pursuit. The writer who is traveling to every country in the world, for example, can earn as much attention as the Rhodes Scholar with a PhD in international relations.</p>
<p>Is there&#39;s an uncontested corner in your own working life where you could apply the Superstar Corollary to gain a huge return on investment?</p>
<p><strong>About the Author:</strong><br />
Calvin Newport is author of <a href="http://www.amazon.com/gp/product/0767932587?ie=UTF8&#038;tag=offsitoftimfe-20&#038;linkCode=as2&#038;camp=1789&#038;creative=390957&#038;creativeASIN=0767932587" target="_blank">How to Be a High School Superstar: A Revolutionary Plan to Get into College by Standing Out</a>. He graduated Phi Beta Kappa from Dartmouth College in 2004 and earned a Ph.D in Electrical Engineering and Computer Science from MIT in 2009. Newport&#8217;s work and findings on student success have been featured on ABC, NBC, and CBS.</p>
<p></body></p>
<p>###</p>
<p><strong>Odds and Ends: Birthday Give-Back Results and Winners</strong></p>
<p>You all are amazing human beings and should be so, so proud.  The <a href="http://www.donorschoose.org/donors/viewChallenge.html?id=29872&#038;1279728173819" target="_blank">birthday give-back experiment</a> raised more than $45,000 in a little over three days, which means $90,000+ to schoolkids in need, since I&#8217;m matching.  This means you impacted more than 9,300 kids, and together we will impact closer to 20,000.</p>
<p>Check <a href="http://demarcationville.files.wordpress.com/2008/09/vignet162.gif" target="_blank">this image</a> out &#8212; to put things in perspective, that&#8217;s about 20,000 people.  Holy $#%&#038;!</p>
<p>If you donated by midnight on Sunday, you should have received the following e-mail from Donorschoose.org:</p>
<blockquote><p><strong>Subject line: Gift from Tim Ferriss</strong></p>
<p>Wow! </p>
<p>Thank you so much for celebrating Tim Ferriss’s birthday by supporting a classroom on <a href="http://www.DonorsChoose.org" target="_blank">DonorsChoose.org</a>.  This short email contains a gift, so please read all the way through.</p>
<p>Thanks to you, students will have the opportunity to take interesting field trips to amazing places, including sea research vessels and Shakespearean plays! The students you helped will have access to reading activities, word games, listening centers and &#8212; most important &#8212; books for improving literacy skills. Through the Great Give-Back Birthday, you have brought valuable resources to more than 8,600 kids [Tim note: this has since <a href="http://www.donorschoose.org/donors/viewChallenge.html?id=29872&#038;1279728173819" target="_blank">increased</a>] – incredible!</p>
<p>Not only are you passionate supporters, but, as you know, Tim Ferriss has agreed to match your donations, bringing even more supplies to high need schools. But here&#8217;s the cool part: he wants to give it back to you!  You get to decide where to put Tim&#8217;s money, whether in your hometown elementary school or into music programs across the country.</p>
<p>So please use the below $50 gift code from Tim Ferriss to select a classroom project of your choice on DonorsChoose.org. Just find a project that speaks to your heart and enter the code when you checkout. Your gift code expires on September 30, 2010, so don’t forget to fund a great classroom!</p>
<p>[UNIQUE CODE]</p>
<p>On behalf of all the students and teachers you have touched with this gift, thank you very much!</p>
<p>Your friends at DonorsChoose.org</p>
<p>P.S.  Here is a note from Tim: </p>
<p>&#8220;<em>You rock!!!</p>
<p>It&#8217;s hard to describe how amazed, overjoyed, and touched I&#8217;ve been by you all, and your selfless contributions to kids who need it most in our schools.  PLEASE use your gift code!  I suggest you either use it today (it just takes a few minutes), or put it in your calendar for this week so you don&#8217;t forget.  It makes an incredible gift as well.</p>
<p>Just don&#8217;t forget to use it!  Chances are, if you don&#8217;t use it this week, you will forget.  I hope you enjoy it as much as I have enjoyed this incredible experiment.  Wow. </p>
<p>All the best to you and yours &#8212; thank you, thank you, thank you,</p>
<p>Tim</em>&#8220;</p></blockquote>
<p>And that&#8217;s the damn truth.</p>
<p>But let&#8217;s not forget out prize winners (though I hope you all feel awesome after the experience, which you should):</p>
<p>The lucky winner of the <strong>round-trip ticket</strong> is Brian Brereton.  Please contact amy-at-fourhourworkweekdotcom when you know your timing for the trip!</p>
<p>For the <strong>Maui Jim gift card and glasses</strong>, the winners are Ty Kroll (VIP gift card), Douglass Lodmell, and Jesse Walters. Please allow a week or so for them to arrive.</p>
<p>This has been the most wonderful birthday I could ask for.  Thank you all.
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		<title>The Way of the Dodo &#8212; How to Sell 10,000 iPad Cases at $60 Each (and Other Lessons Learned)</title>
		<link>http://www.fourhourworkweek.com/blog/2010/07/19/dodocase-shopify/</link>
		<comments>http://www.fourhourworkweek.com/blog/2010/07/19/dodocase-shopify/#comments</comments>
		<pubDate>Mon, 19 Jul 2010 22:36:05 +0000</pubDate>
		<dc:creator>Tim Ferriss</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[business competition]]></category>
		<category><![CDATA[dodocase]]></category>
		<category><![CDATA[shopify]]></category>

		<guid isPermaLink="false">http://www.fourhourworkweek.com/blog/?p=2851</guid>
		<description><![CDATA[DODOcase, one of more than 1,000 businesses created in the last six months, has sold more than 10,000 units at $60 each. From today&#8217;s New York Times coverage of the Shopify/4-Hour Workweek build-a-business competition that just ended: To encourage early, positive buzz among Apple iPad buyers, Mr. Dalton [of DODOcase] hired street teams via Craigslist [...]]]></description>
			<content:encoded><![CDATA[<p><object width="500" height="306"><param name="movie" value="http://www.youtube.com/v/Dqcw2CVtRx8&amp;hl=en_US&amp;fs=1?color1=0xe1600f&amp;color2=0xfebd01"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/Dqcw2CVtRx8&amp;hl=en_US&amp;fs=1?color1=0xe1600f&amp;color2=0xfebd01" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="500" height="306"></embed></object><br />
<small><strong>DODOcase, one of more than 1,000 businesses created in the last six months, has sold more than 10,000 units at $60 each.</strong></small></p>
<p>From today&#8217;s <a href="http://boss.blogs.nytimes.com/2010/07/19/dodocase-top-shop/" target="_blank">New York Times coverage</a> of the Shopify/4-Hour Workweek build-a-business competition that just ended:</p>
<blockquote><p>To encourage early, positive buzz among Apple iPad buyers, Mr. Dalton [of DODOcase] hired street teams via Craigslist to “hang out with Apple fanboys, while they waited on line for hours, maybe even days, outside of Apple retail stores for a chance to buy the first edition iPad.” The street teams, he said, hit Apple store locations in Boston, Chicago, Los Angeles, New York and San Francisco.</p>
<p><a href="http://www.dodocase.com" target="_blank">DODOcase</a> also scored favorable reviews with the tech blogs <a href="http://www.engadget.com/2010/05/03/a-tale-of-two-ipad-cases-the-dodocase-and-m-edge-trip-jacket/" target="_blank">Engadget</a> and<a href="http://www.tuaw.com/2010/05/04/tuaw-review-dodocase-for-ipad-makes-moleskines-weep/" target="_blank"> The Unofficial Apple Weblog</a>. Some endorsements came unsolicited from high profile customers; on July 14, Evan Williams, chief executive of Twitter, posted a DODOcase endorsement on his Twitter feed: “Got my Dodocase. Sweet.”</p>
<p>The company, which plans to continue manufacturing its product and creating jobs in San Francisco, received more than 10,000 orders within a few months of the iPad’s debut&#8230;</p></blockquote>
<p>DODOcase <a href="http://www.dodocase.com">iPad cases</a> cost around $60, so you can do the math.  Amazing.  </p>
<p>This post will cover how it all happened&#8230; </p>
<p>In December 2009, I published a post titled &#8220;<a href="http://www.fourhourworkweek.com/blog/2009/12/08/no-more-excuses-how-to-make-an-extra-100000-in-the-next-6-months/" target="_blank">No More Excuses – How to Make an Extra $100,000 in the Next 6 Months</a>,&#8221; announcing a $100,000+ bribe intended to solve a problem: inertia.  Perhaps a better translation: temptation to remain in comfortable routine.</p>
<p>The <a href="http://www.storecontest.com/" target="_blank">Shopify build-a-business competition</a> was a financial carrot for anyone who&#8217;d dreamed of starting a business but hadn&#8217;t taken the jump.  Each person had six months to build a business, and their two highest-grossing consecutive months would be matched against everyone else.  </p>
<p>The competition just ended on June 30th.  So what happened?</p>
<p>This post will cover the overall results and focus on the winners: their lessons learned, marketing tipping points, mistakes, and much more.  First, some stats:</p>
<p><strong>Revenue PER HOUR for the duration of the contest (180 days): $696.38<br />
Total number of people competing: 1,819<br />
Total number of orders placed: 66,503</strong></p>
<p>Below is a sweet infographic that shows some of the highlights and a few other fun numbers (full-size <a href="http://www.flickr.com/photos/timferriss/4809617222/sizes/o/" target="_blank">here</a>):</p>
<p><a href="http://www.flickr.com/photos/timferriss/4809617222/" title="Shopify Build-a-Business Infographic by timferriss, on Flickr"><img src="http://farm5.static.flickr.com/4076/4809617222_d4073a3487_b.jpg" width="496.64" height="993.64" alt="Shopify Build-a-Business Infographic" /></a><br />
<small>Click here for a <a href="http://www.flickr.com/photos/timferriss/4809617222/sizes/o/">gorgeous full-size view</a>.</small></p>
<h3>The Prize Winners and Analysis of Successes</h3>
<p>I use the term &#8220;prize winners&#8221; because more than 500 viable businesses were created by you all, and I consider all of you winners (including those who participated but didn&#8217;t get this first attempt quite right).</p>
<p>For prize winners, here are the category and overall winners:</p>
<p><strong>$5,000 Top Apparel Store: Nashville Flood Tees (<a href="http://www.nashvillefloodtees.com" target="_blank">www.nashvillefloodtees.com</a>)<br />
$5,000 Top Digital Good: Buy Mafia (<a href="http://www.buymafia.com" target="_blank">www.buymafia.com</a>)<br />
$5,000 Top Miscellaneous: Grove (<a href="http://www.grovemade.com" target="_blank">www.grovemade.com</a>)<br />
$5,000 Top Electronics Store: Vaporizers.com (<a href="http://www.vaporizers.com" target="_blank">www.vaporizers.com</a>)  </p>
<p>$100,000 Overall Top Store: DODOCase (<a href="http://www.dodocase.com">www.dodocase.com</a>)</strong></p>
<p>In that order, I asked all of them the following questions:</p>
<p><strong>1) How did you decide on your product? What ideas did you consider but reject, and why?<br />
2) What were some of the main tipping points (if any) or a-ha moments?  How did the tipping points happen?<br />
3) What were your biggest mistakes, or biggest wastes of time/money?<br />
4) Key manufacturing and marketing lessons learned?<br />
5) If you were to do it all over again, what would you do differently?<br />
6) What&#8217;s next?</strong></p>
<p>Here are their answers.</p>
<h3>Lessons Learned: From Manufacturing to Marketing</h3>
<p><strong>NASHVILLE FLOOD TEES</strong></p>
<p><a href="http://www.nashvillefloodtees.com/">Nashville Flood Tees</a> is a group of artists and designers utilizing their talents to help the victims of the recent flooding in Nashville and the Middle TN area. We sell T-shirts for adults and children, with all of the profits going towards local charities. </p>
<p>Nashville Flood Tees was the brainchild of graphic designer Susannah Parrish, of <a href="http://www.texaSUSdesign.com/">texaSUS design</a>, who posted 2 tshirt designs on Facebook. What was intended to be a modest project, turned into a viral marketing explosion- over 25,000 Facebook fans amassed within two days. </p>
<p>As it became clear this couldn’t be just a couple hundred tshirts printed in her basement, Susannah teamed up with Josh and Bethany Newman of <a href="http://ST8MNT.com/">ST8MNT design</a>, a graphic design firm, to create an online store and additional designs. Josh and Bethany were able to get a Shopify store up and running within 2 days. </p>
<p><a href="http://www.renderapparel.com/">Render Apparel</a>, a custom apparel company, joined the team to produce the product. The online store sold 800 shirts the first hour it went live. It’s been estimated that over $200,000 has been raised for the charities, of which $120,000 that has already been given to the charities.</p>
<p><strong>1) How did you decide on your product? What ideas did you consider but reject, and why?<br />
</strong><br />
T-shirts seemed to be the perfect mix of raising money, as well as promoting the cause in the marketplace and giving the consumer sense if empowerment and ownership.</p>
<p><strong>2) What were some of the main tipping points (if any) or a-ha moments?  How did the tipping points happen?<br />
</strong><br />
The tipping point was Facebook. There are now 36,970 fans. Google stats show online store visits from 93 countries/territories, with over a 108,000 visits total since we launched 2 months ago.</p>
<p><strong>3) What were your biggest mistakes, or biggest wastes of time/money?<br />
</strong><br />
Our biggest mistake and waste of time: fulfillment. Since this was a charity idea that 3 small business owners set up to do in their spare time, we wanted to keep costs at a minimum. We wanted as much money as possible to go to the charities, so we didn’t partner with large expensive fulfillment houses or large capacity printers that could make our products the priority. This actually proved to take up more time that we didn’t have because we had to be so involved.</p>
<p>Our other biggest mistake: PayPal. For the same reason as fulfillment, we needed to set up payment as quickly and easily as possible. This has been a real challenge. Not only did PayPal shut us down for 24 hrs after only being live for less than 8 hrs, because of the sheer volume we sold, but they’ve been really slow and difficult releasing funds to us.</p>
<p><strong>4) Key manufacturing and marketing lessons learned?<br />
</strong><br />
Lessons learned – the amazing power of online social networking. This idea exploded because of Facebook. We didn’t even have the time to actually use Google ad words or email marketing blasts with Emma.</p>
<p><strong>5) If you were to do it all over again, what would you do differently?<br />
</strong><br />
If this had been a for-profit business, where we had more time and energy to devote to the resources, we would have set up a merchant account and payment gateway, instead of a third party payment processor like PayPal. We also would have integrated a more sophisticated online marketing strategy to truly capitalize on the viral explosion. And we definitely would have utilized a more turnkey fulfillment service. This has proven to be the most difficult aspect of an online store. And lastly we would have employed customer service staff to maintain communication with customers.</p>
<p><strong>6) What&#8217;s next?</strong></p>
<p>We plan on launching a new charity tshirt store that specializes in quality designs to raise money for a wider range of current causes: <a href="http://www.MyShirtHelps.com/">MyShirtHelps.com</a></p>
<p>This venture has been an amazing journey, (and at the risk of sounding like a kiss-ass :) that strangely happened only a few days after we finished reading The Four Hour Work Week. The idea for an online apparel company had already been on our minds as a curious side business to launch. And the steps for implementation outlined in the book were on the to do list as sort of a pie-in-the-sky-if-we-ever-get-more-time plan. So as we watched the flooding on tv, and our good friend and former colleague showed us pics of a tshirt design, it all fell into place. Thanks to Shopify and The Four Hour Work Week, we scrambled a store up in a matter of days and have raised over $200,000 for the flood victims of the middle Tennessee area.</p>
<p><strong>BUY MAFIA</strong></p>
<p>What I sell at my online store <a href="http://www.BuyMafia.com">BuyMafia.com</a> is a service of transferring virtual items that I collect from the game Mafia Wars on Facebook, items like weapons, vehicles, armors, collectibles and many others from the game that will help improve peoples character and make them stronger for the competitive wars and fights that people take seriously, even though is just a fun game.    </p>
<p><strong>1) How did you decide on your product? What ideas did you consider but reject, and why?<br />
</strong><br />
I started playing the Mafia Wars game for Facebook and I notice that they had over 4 million fans playing the game daily (now there are over 10 million) and I did some research online and found a website that works like ebay but just for digital items for online games.  I tried selling something there just to test the market, and on the same day I got an email from the site saying that someone purchased the items I listed there and they gave me their information so I could send to them, I did not expect that it would work that well but it did.</p>
<p><strong>2) What were some of the main tipping points (if any) or a-ha moments?  How did the tipping points happen?<br />
</strong><br />
I had an a-ha moment when I saw how serious people were with the game and the competition between clans and that people wanted more and more items to become stronger and they would spend whatever it took to be the strongest player on the game. Then I used what I learned about business to create a business plan around that.</p>
<p><strong>4) Key manufacturing and marketing lessons learned?</strong></p>
<p>The best thing was that I did not put 1 penny out of my pocket until today do create this business, I just reinvested the money that was coming in from the items I collected in the game and sold until I got to the point that I pay people to collect them for me and I just focus on the marketing and sales.</p>
<p>I learned that marketing and getting traffic to the site are some of the most important things for a online business, the more I spent with marketing the more the sales grew, and that was exponential growth. </p>
<p><strong>5) If you were to do it all over again, what would you do differently?<br />
</strong><br />
I would have invested more time looking for ways to market the business instead of trying to collect more and more items on the game. I could have people doing that for me.</p>
<p><strong>6) What&#8217;s next?</strong></p>
<p>Now I&#8217;m working on a affiliate program for people that wants to make money by just sending people to the site, giving them a percentage of the sale when their customer purchases something. I&#8217;m always looking to leverage and to automate more and more of the business so I can have time to create new projects.</p>
<p><strong>GROVEMADE</strong></p>
<p><a href="http://www.grovemade.com/">Grove</a> is a design collective lead by Joe Mansfield and Ken Tomita bringing art and customized natural products into your daily life. </p>
<p>Everything is designed and made in Portland, Oregon. We take pride in how we do things and who we are, as much as in our products.  Our products reflect our pursuit of fine design and ethical consideration.  Our main product right now is a <a href="http://www.grovemade.com/" target="_blank">bamboo iPhone case for the iPhone3G and iPhone4</a>.  We curate and artist series of laser engraved art on the cases, offer customization where you can upload your own artwork, and a plain case.  The cases are a blend of high tech manufacturing and old fashioned handwork, aiming to bring warmth back into your lives. </p>
<p><strong>1) How did you decide on your product? What ideas did you consider but reject, and why?<br />
</strong><br />
The product preceded the company.  Joe had an idea to make a bamboo iPhone case and I joined in to help him do it.  We thought we could make the best iPhone case in the world.  With so much of our lives becoming dominated by electronic products such as cell phones and computers, we felt that the world could use some products made with natural materials.  Also, contemporary design has been criticized for being cold and impersonal, while tradition is hailed as warm but old.  Why not bring back the warmth of tradition back into contemporary design?</p>
<p><strong>2) What were some of the main tipping points (if any) or a-ha moments?  How did the tipping points happen?<br />
</strong><br />
The a-ha moment was when Joe and I decided to team up last summer.  I design/build custom furniture under the name TomitaDesigns and Joe coincidentally lived across the street from my woodshop where he conducted his laser business EngraveYourBook.  We became friends from the proximity and &#8220;nerded out&#8221; on design and art every day while tossing the football around on the street, not getting any real work done.  He had talked of the iPhone case idea for years actually.  I can&#8217;t even remember the actual moment when we decided to team up.  Now, it seems so obvious how our skills, talent, and spirit combine so well but back then we were completely oblivious to the possibility of working together.  I believed in his vision and we fed off each other to make it a reality.  </p>
<p><strong>3) What were your biggest mistakes, or biggest wastes of time/money?<br />
</strong><br />
Ive heard somewhere that it is better business wise to release a mediocre product early than a great product late.  Timing is everything.  </p>
<p>Some people may point to our late release of the 3G model as a big mistake because of the timing.  It was in terms of sales.  However, if we were to do it again we would do the same thing.  We didn&#8217;t release till we had refined the product to our level of satisfaction.  We don&#8217;t release mediocre products just to make money.  We want to have pride in what we do, and that means sometimes we will be late to the game, and sometimes it won&#8217;t make business sense.  </p>
<p><strong>4) Key manufacturing and marketing lessons learned?<br />
</strong><br />
From a marketing perspective, everything went according to our vision.  </p>
<p>Concentrate on making the best product possible.  If you succeed, the product will sell itself&#8230;. People will talk about it on their own.  </p>
<p>From a manufacturing perspective, I had a lot to learn.  I am accustomed to designing and building one-off high end furniture pieces with no regard to how difficult it is to make. The goal has always been to make the best piece possible.  I had a difficult time adjusting from that mindset to that of a production situation.  Our products are difficult to make and require a lot of labor because of my mindset and lack of willingness to compromise certain things.  For example, we hand rub 4 coats of natural oil/wax on our cases which doesn&#8217;t really make any sense for mass production.  </p>
<p><strong>5) If you were to do it all over again, what would you do differently?<br />
</strong><br />
Nothing.  I don&#8217;t do the &#8220;wish I had a time machine&#8221; thing.  Experience&#8211;whether it be good decisions or mistakes&#8211;all lead us to where we are at now.  I love the ride and learning experience, bumps and all.</p>
<p><strong>6) What&#8217;s next?<br />
</strong><br />
We have an iPad case coming up that we are really excited about.  We are mixing and matching some different materials that have radically different properties.  It will be thin, sleek, and customizable, of course.</p>
<p>We also have some amazing collaborations on the iPhone4 case coming up with artists and brands that we are fond of.  We love working with artists first and foremost.  Our spirit of creative pursuit is our greatest attribute and simply the most fun part.  </p>
<p>The truth is, we have a ton of projects in development constantly in our heads.  I can&#8217;t wait to get to all of them!</p>
<p><strong>VAPORIZERS</strong></p>
<p><strong>1) How did you decide on your product? What ideas did you consider but reject, and why?<br />
</strong><br />
We decided on <a href="http://www.vaporizers.com/" target="_blank">vaporizers</a> because we already wholesale in the same industry. We decided to launch an online website. Shopify was easy to use and very convenient.</p>
<p><strong>2) What were some of the main tipping points (if any) or a-ha moments?  How did the tipping points happen?<br />
</strong><br />
The main tipping points was figuring out the keywords they generate the most conversion. Once we were able to identify the keywords, using Google Analytics, it allowed us to be more aggressive and competitive.  We determine it by amount of revenue generated per click minus cost per click.</p>
<p><strong>3) What were your biggest mistakes, or biggest wastes of time/money?<br />
</strong><br />
The biggest mistakes were starting shopify contest late. It took us much longer to develop the website than we expected. We entered in the last 2 month of the contest. Besides that, everything went very smooth for the website.</p>
<p><strong>4) Key manufacturing and marketing lessons learned?<br />
</strong><br />
The key marketing lesson learned was how to manage the cost of PPC campaign. PPC became one of our biggest cost, it was a challenge to maximize efficiency. We really had to watch our ad campaign to keep the website profitable.</p>
<p><strong>5) If you were to do it all over again, what would you do differently?<br />
</strong><br />
We would focus more on search engine optimization other than ppc aspect. Also spend more time planning out the website with a deadline checklist. This would allow us to launch a new site much faster.  The deadline would look more like a real estate project&#8230; [with] each phase of the website constructed in a synchronized fashion.</p>
<p><strong>6) What&#8217;s next?</strong></p>
<p>We plan to open another site for niche market products that wal-mart, target, and costco do not carry.</p>
<p><strong>DODOCASE</strong></p>
<p><strong>1) How did you decide on your product? What ideas did you consider but reject, and why?<br />
</strong><br />
Going back to our use first use of a Kindle, we were amazed and excited about the idea of an e-reader.   At the same time we started to feel a sense of loss about not holding and reading a good book  (despite what one might think, reading is at least in part a tactile thing).    While we didn&#8217;t act on this feeling on the Kindle as the iPad was announced it was clear that we had to do something.    Patrick considered many different types of wood materials to compliment the book element and ultimately decided on bamboo based on its eco appeal and its historic relation to paper. </p>
<p><strong>2) What were some of the main tipping points (if any) or a-ha moments?  How did the tipping points happen?<br />
</strong><br />
Since the iPad form factor was new, we had designed the DODOcase based on Apple engineering drawings.   The first a-ha moment was putting the iPad in the DODOcase on launch day.   We realized we had not only achieved our design objectives, but it was a way nicer experience using the iPad in a DODOcase than on its own.    The second a-ha moment was when Engadget called the DODOcase &#8216;the Rolls Royce of iPad cases&#8221;.</p>
<p>The Engadget connection happened through the viral activity that surrounded DODOcase.   Our target market on launch (obviously the early adopter of the iPad) is highly connected and highly social.   They wanted to talk about their new toy and we become part of the conversation.   These conversations spun up in the &#8216;echo chamber&#8217; of Twitter and Facebook and quickly made it to the tech blogger community.   Josh from Engadget reached out to us directly and we recognized he was a guy we wanted to get our product to quickly (he got case #16).</p>
<p><strong>3) What were your biggest mistakes, or biggest wastes of time/money?<br />
</strong><br />
Fighting the urge of distractions has been a challenge for us.  We pursued an iPhone 4 case design for a week before checking ourselves and deciding that while we had a cool product design execution would be a distraction from our commitment to our customers.</p>
<p><strong>4) Key manufacturing and marketing lessons learned?<br />
</strong><br />
We&#8217;ve learned tons about book binding and woodcraft which we will certainly take forward with us.    On the marketing side, we&#8217;ve learned that having a great story is as important as having a great product.  As a small company, you need to connect with your customers on an emotional level as well as on the physical level of the product.   We sell DODOcase&#8217;s exclusively online which means most of our customers are buying a product without ever touching it.   To achieve sales in this way, its important that customers &#8216;want&#8217; to buy into the story as well as the product.   We&#8217;ve believe that we are in the middle of a giant cultural shift from the book to the computer (e-reader/iPad).    We hope that DODOcase can help ease that transition by providing the tactile experience we&#8217;ve all grown up with applied to these amazing new devices.</p>
<p>Let me take a stab at &#8216;formulating a good story&#8217;.</p>
<p>For a small business like DODOcase, it is critical that our products have a story behind them.   The seeds of product development for the DODOcase originated when we first held the Kindle.   We were amazed by the power and convenience of the Kindle, but immediately felt a sense of loss about the traditional book.   That loss was a combination of the tactile feeling of a book as well as the potential that an entire traditional industry (book binding) could ultimately be destroyed by such technology.    These feelings became the core of the DODOcase product story.   We set out to make a product that helped assuage these feeling as consumers embraced the iPad.   Users of an iPad in the DODOcase &#8216;feel&#8217; like they are reading a hardback book which created a positive association with their past feelings of reading actual books.    Further, through our use of YouTube videos and other online messaging, we told the story of how DODOcase is made using traditional book binding techniques.    </p>
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<p>The combination of a product that delivered on expectations we set and the story we&#8217;ve told in our messaging has strongly resonated with customers.    At the end of the day, we made a product that we wanted to use and have tried to share liberally the many reasons why we&#8217;ve made the product and manufacturing decisions we&#8217;ve made. </p>
<p><strong>5) If you were to do it all over again, what would you do differently?<br />
</strong><br />
If we had the opportunity to do it all over again, we might look a little more carefully at our choice of wood.   Bamboo is an amazing material, but it is also very difficult to work with.  Choosing a different type of wood might have made our lives easier.</p>
<p><strong>6) What&#8217;s next?</strong></p>
<p>We will continue to expand and invest in our production capabilities.   We strive to eliminate the wait to get a DODOcase and to better service our customers.  We will be expanding our product line to support additional colors and customizations for corporate clients and universities.   We will look at new tablet devices as they come out and decide if the market will be large enough to support a DODOcase model.   </p>
<p>We are thrilled to grow our business in the great city of San Francisco and contribute to the local economy. </p>
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		<title>Tim Ferriss Scam! Practical Tactics for Dealing with Haters</title>
		<link>http://www.fourhourworkweek.com/blog/2010/05/18/tim-ferriss-scam-practical-tactics-for-dealing-with-haters/</link>
		<comments>http://www.fourhourworkweek.com/blog/2010/05/18/tim-ferriss-scam-practical-tactics-for-dealing-with-haters/#comments</comments>
		<pubDate>Tue, 18 May 2010 20:54:50 +0000</pubDate>
		<dc:creator>Tim Ferriss</dc:creator>
				<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Mental Performance]]></category>
		<category><![CDATA[how to deal with haters]]></category>
		<category><![CDATA[tim ferriss scam]]></category>

		<guid isPermaLink="false">http://www.fourhourworkweek.com/blog/?p=2769</guid>
		<description><![CDATA[Brute force seldom works with haters. Redirection does. (Photo: Deadstar 2.0) I recently spent a week in Amsterdam enjoying bicycles, canals, Queensday, and&#8230; ahem&#8230; coffee shops. For real. Honest. The best coffee I&#8217;ve had in Europe has to be De Koffie Salon. I also gave a short keynote at The NextWeb about how to deal [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://farm4.static.flickr.com/3445/3224346499_385dcf2998.jpg"/><br />
<small><strong>Brute force seldom works with haters. Redirection does. </strong>(Photo: <a href="http://www.flickr.com/photos/deadstar/3224346499/sizes/m/" target="_blank">Deadstar 2.0</a>)</small></p>
<p>I recently spent a week in Amsterdam enjoying bicycles, canals, <a href="http://en.wikipedia.org/wiki/Koninginnedag" target="_blank">Queensday</a>, and&#8230; ahem&#8230; coffee shops.  For real.  Honest.  The best coffee I&#8217;ve had in Europe has to be <a href="http://www.dekoffiesalon.nl/page=site.home" target="_blank">De Koffie Salon</a>.</p>
<p>I also gave a short keynote at <a href="http://thenextweb.com/conference/" target="_blank">The NextWeb</a> about how to deal with haters, protect yourself from (some) media, respond to FlipCams, and other personal branding self-defense 101. </p>
<p>Think you have crazy people contacting you or commenting on your blog?  Me too.  I share some of my favorite hater e-mails, Amazon reviews, and voicemails. It&#8217;ll make you feel better to hear the stories.</p>
<p>It <em>is</em> possible to learn to love haters.  But it does take some know-how and tactical planning&#8230;</p>
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<p>I elaborated on a few points in an interview in the Netherlands with Amy-Mae Elliot, who originally posted them on Mashable in her piece <a href="http://mashable.com/2010/04/29/deal-with-haters-tim-ferriss/" target="_blank">Tim Ferriss: 7 Great Principles for Dealing with Haters</a>:</p>
<blockquote><p><strong>1. It doesn’t matter how many people don’t get it. What matters is how many people do.<br />
</strong><br />
“It’s critical in social media, as in life, to have a clear objective and not to lose sight of that,” Ferriss says. He argues that if your objective is to do the greatest good for the greatest number of people or to change the world in some small way (be it through a product or service), you only need to pick your first 1,000 fans — and carefully. “As long as you’re accomplishing your objectives, that 1,000 will lead to a cascading effect,” Ferriss explains. “The 10 million that don’t get it don’t matter.”</p>
<p><strong>2. 10% of people will find a way to take anything personally. Expect it.<br />
</strong><br />
“People are least productive in reactive mode,” Ferriss states, before explaining that if you are expecting resistance and attackers, you can choose your response in advance, as opposed to reacting inappropriately. This, Ferriss says, will only multiply the problem. “Online, I see people committing ’social media suicide’ all the time by one of two ways. Firstly by responding to all criticism, meaning you’re never going to find time to complete important milestones of your own, and by responding to things that don’t warrant a response.” This, says Ferriss, lends more credibility by driving traffic.</p>
<p><strong>3. “Trying to get everyone to like you is a sign of mediocrity.” (Colin Powell)<br />
</strong><br />
“If you treat everyone the same and respond to everyone by apologizing or agreeing, you’re not going to be recognizing the best performers, and you’re not going to be improving the worst performers,” Ferriss says. “That guarantees you’ll get more behavior you don’t want and less you do.” That doesn’t mean never respond, Ferriss goes on to say, but be “tactical and strategic” when you do.</p>
<p><strong>4. “If you are really effective at what you do, 95% of the things said about you will be negative.” (Scott Boras)<br />
</strong><br />
“This principle goes hand-in-hand with number two,” Ferriss says. “I actually keep this quote in my wallet because it is a reminder that the best people in almost any field are almost always the people who get the most criticism.” The bigger your impact, explains Ferriss (whose book is a New York Times, WSJ and BusinessWeek bestseller), and the larger the ambition and scale of your project, the more negativity you’ll encounter. Ferriss jokes he has haters “in about 35 languages.”</p>
<p><strong>5. “If you want to improve, be content to be thought foolish and stupid.” (Epictetus)<br />
</strong><br />
“Another way to phrase this is through a more recent quote from Elbert Hubbard,” Ferriss says. “‘To avoid criticism, do nothing, say nothing, and be nothing.” Ferriss, who holds a Guinness World Record for the most consecutive tango spins, says he has learned to enjoy criticism over the years. Ferriss, using Roman philosophy to expand on his point, says: “Cato, who Seneca believed to be the perfect stoic, practiced this by wearing darker robes than was customary and by wearing no tunic. He expected to be ridiculed and he was, he did this to train himself to only be ashamed of those things that are truly worth being ashamed of. To do anything remotely interesting you need to train yourself to be effective at dealing with, responding to, even enjoying criticism… In fact, I would take the quote a step further and encourage people to actively pursue being thought foolish and stupid.”</p>
<p><strong>6. “Living well is the best revenge.” (George Herbert)<br />
</strong><br />
“The best way to counter-attack a hater is to make it blatantly obvious that their attack has had no impact on you,” Ferriss advises. “That, and [show] how much fun you’re having!” Ferriss goes on to say that the best revenge is letting haters continue to live with their own resentment and anger, which most of the time has nothing to do with you in particular. “If a vessel contains acid and you pour some on an object, it’s still the vessel that sustains the most damage,” Ferriss says. “Don’t get angry, don’t get even — focus on living well and that will eat at them more than anything you can do.”</p>
<p><strong>7. Keep calm and carry on.<br />
</strong><br />
The slogan “Keep Calm and Carry On” was originally produced by the British government during the Second World War as a propaganda message to comfort people in the face of Nazi invasion. Ferriss takes the message and applies it to today’s world. “Focus on impact, not approval. If you believe you can change the world, which I hope you do, do what you believe is right and expect resistance and expect attackers,” Ferriss concludes. “Keep calm and carry on!”</p></blockquote>
<h3>Afterword</h3>
<p>One of my favorite authors, <a href="http://twitter.com/nntaleb" target="_blank">Nassim N. Taleb</a> of <a href="http://www.amazon.com/gp/product/1400063515?ie=UTF8&#038;tag=offsitoftimfe-20&#038;linkCode=as2&#038;camp=1789&#038;creative=390957&#038;creativeASIN=1400063515" target="_blank">Black Swan</a> fame, e-mailed me the following aphorism today, which was perfect timing and perfectly put:</p>
<blockquote><p>
Robustness is when you care more about the few who like your work than the multitude who hates it (artists); fragility is when you care more about the few who hate your work than the multitude who loves it (politicians).</p></blockquote>
<p>Choose to be robust.
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