Tuesday, April 29, 2008

Pssst, Want To Make Money Monetizing Social Networking Instead Of Time-Wasting Social NOT Working?

FaceBook, MySpace, linkedin, and so many other social networking sites offer great ways to connect with people - and lose touch with reality (and time spent on a computer). That is even before location-aware GPS and RFID devices, married to addictive platforms like FaceBook, Twitter and MySpaceTime.net (more on that later) make social networking mean even more being social and not working even during working hours.

It is so ironic that just about 16 years I wrote a piece contradicting people's then assertion that computers and the Internet were going to make us all anti-social.

Having started probably one of the first online matrimonial sites, I dared to disagree.

I felt that though we may spend more time on our computers, the Internet would actually help us find that one in a million connection from places around the world we could never have gone or known or met that person.

Little did I know how social networking would grow.

Of course, as is my forte, I have a knack for starting new things. But, in the past I also had a "rebel without a cause" habit of not sticking around in such businesses long enough to become a millionaire off them. Usually, I sat back and a few years later watched someone else do the same thing, with funding instead of personal funds, and grow rich/er. I saw the same thing as online dating grow into a huge business with the likes of match.com and others.

When I started/founded Internet email for my native country of Pakistan, I also became co-owner and co-founder of the .PK top level domain. Besides the kick of being called "father of the Internet" (at least in Pakistan), I even gave people free email addresses to promote email. But, never could I have imagined that sticking around giving something for free I could later have sold it to a giant corporation as hotmail did a few years later. Oh, well, live and learn.

When I started writing an online journal and political opinions (Occasionally Obnoxious, Obviously Outspoken Opinions) at http://imran.com in 1995-96, little did I know that I could have built some sort of "blogging" empire on that.

In 1995 I became a heavy GPS user in boating and later in aviation. In 1998-2000 I became CEO of EverTrac, among the first out the gate pitching RFID and GPS based solutions. Alas, as usual, like Panasonic's slogan, I was just slightly ahead of my time.

But, this current new momentum of GPS based devices we are seeing will prove I was on the right.... umm.. EverTrac?

Hopefully, this time, with my current projects, covering GPS, social networking and mobile-monetization - I'll actually make some real money if I can sell something to a Google or Yahoo or, some even smarter business!

If that does not happen, I guess the pattern (or call it the Corporate Culture of an Entrepreneur) here is that I love to start new things, just before their time, that others make billions off later.

So, feel free to call me about what I an doing now. Surely I can help you become a Web 2.0 multi-millionaire doing whatever I am too lazy to make money from!

Labels: , , , , , , , , , , , , ,

| 0 comments links to this post

    follow me on Twitter

    Tuesday, January 18, 2005

    How iPod will become MyPod - Response to Forbes magazine

    How iPod will become MyPod: And, Why Forbes Is Wrong About The Future Sales Of iPods

    By Imran Anwar

    The media, and consumers, are excited beyond belief at the incredible performance of Apple Computer in the last few years. It's recent release of a Mac MINI and an iPod (mini) Shuffle has generated even more buzz. It sold close to 5 MILLION of the existing iPods in just the last quarter. Even previous naysayer journalists have begun to sing praises of the iPod and Apple.

    Forbes generally has great analysis. Their Mr. Hesseldahl usually writes logically and sensibly on technology issues. His recent piece (When iPod Sales Run Out Of Steam - Forbes 1/14/05) on iPod sales sounds similarly logically written. But, unfortunately, the logic is so flawed I had to laugh. Except, I am a satisfied Apple iPod user, MacUser and currently also hold a few hundred shares in Apple - so I had to respond to it.

    Using the logic of his article, Microsoft should have gone out of business a few years ago, as well as IBM. After all, PCs and clones reached a much higher penetration of the market than iPod enjoys at present. Yet, more personal computers are sold today than ever before. People's needs increase. They upgrade. CPUs become more powerful. Applications require more resources and new hardware is needed.

    Eventually, as machines become more affordable, people buy more PCs.

    Similarly, with Apple's new $499 Mac Minis I can bet millions more of these and Windows PCs will sell even where people already have PCs

    In My Humble Opinion, Apple iPods can conceivably sell in much higher numbers than personal computers, for various reasons.

    A personal computer has the word "personal" in its name but often a whole family can share a SINGLE personal computer, especially because MacOS, Windows, etc. also allow separate user accounts to run on the same machine.

    The iPod on the other hand is a TRULY Personal device. You take it with you. You keep your music on it. Your spouse or brother has their own iPod even if you both share the same computer. So, conceivably, a family with 2 parents and four kids that shares one PC (which could be in the range of $500-$3000) can easily also own six iPods.

    If this family has a Mercedes or BMW or one of the newer models coming out with iPod support built-in, I could also imagine there being an iPod just for the car.

    Sounds far-fetched? Think about it. We have cassette and CD players at home and in the car. For more than 5 years I have had a car with an integrated Motorola cell phone.

    Now I have more than one cell phone. And, I am not even including the cellular numberless cell phone that is built into the car for the security and tele-aid system.

    Over time, I just got used to leaving the Motorola cell phone in the car. Calls to it are automatically forwarded to my "handheld" cell phone when I am not driving. So, having a "car-iPod" in addition to the family's various iPods is not unthinkable.

    This past Christmas, I bought a 40GB iPod for a friend who had done me a favor. I had considered taking his wife and him to dinner and a Broadway show. Instead, I spent approximately the same money on getting him the iPod. Whether he uses it (on his boat, car, motorcycle, hotrod, or just tooling around his family business where he is first to arrive and last to leave) or gives it to his wife or son or grandchildren, the iPod was the perfect gift. And, it will last a lot longer than that dinner I would have taken him to.

    In the meantime, we got two more iPods, for my siblings, and I am now in the market for a replacement. My 30GB iPod is close to full and I also want the iPod Photo version. The 80GB version of that should be here soon, and as soon as it does, I hope to get one.

    With the launch of the $99 iPod Shuffle, I can actually get these for my sister and her husband, who both like music but are not listening to it all the time to justify getting them the high-end units. At $99, at their birthdays, I would have no problems getting one each for the kids in the family.

    So, as far as I am concerned, even if Apple does not add video to iPod (I have no interest in that at present), I can see MUSIC-ONLY driven sales continuing to rise. Add the explosion of podcasting, and more audio-books, and one can see how even "serious" people can happily tote iPods on the subway or on the plane, on their walk to the beach or walking in the mall.

    If, as I have been begging for years, Apple re-releases a PIM (personal information maanger) or PDA, built either into the cell phone they are launching with Motorola or into the iPod (I already carry my contacts, calendars, and some documents on the iPod) with or without Bluetooth - you can see the implications of the iPod becoming even more a MyPod.

    What do YOU think?

    Labels: , , , , ,

    | 0 comments links to this post

      follow me on Twitter