Espousing others

In world of media proliferation it’s becoming harder to get someone, anyone, let alone our target audience to listen. A better way than blasting our own foghorn is to espouse others. Something I’ve seen a lot of smart startups do lately is become brand advocates. That is, take a lead role in communicating, promoting and essentially spreading the love for other companies whose values we feel aligned to. It’s even better if we all move in the same entrepreneurial circles. Though it doesn’t have to be this way.

When we share great stuff other people are doing it rubs off on us. Just like proper referencing does in academia. We need to find stuff other companies are doing that we think is worth sharing. Ideas we think rock and companies with cultures we admire.

This is my current love list of other Startups & SME’s

Some of which even loosely compete with each other. This is fine in my view as often the biggest challenge we have in startup land is market development. Helping our competitors, though counter intuitive, can also benefit us. It get’s more people interested in the space, generates mainstream media coverage and can increase market size. This type of thinking would have been a sackable offense in my old consumer goods marketing days. The world has changed.

We’ve always been told it’s better to give than receive and the on-line world is the greatest exemplar of this theorem. It’s also a super way build significant brand credentials and trust. When people trust what we have to say by introducing them to other cool stuff it gives us a chance at gaining our own momentum.

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Difference between traditional & social media

This is the difference between traditional and social media in one simple chart (albeit a little fuzzy). Forget all the crap you have read on how social media differs to traditional media. This is it summarized right here on startup blog in terms which matter for business:

Difference between traditional & social media

I’ve made some notes above. Don’t believe what you’ve heard – old media isn’t dead – sure it’s more expensive for the return, but it still kicks but. When rentoid was featured on a nightly news TV show as a positive story, we had more hits that one day than we did for the entire year. And we had been and are investing a tremendous amount of time on new and social media. It’s been a two year effort.

If you want a few other qualitative ideas to take with you then here’s a few:

  • They work better together
  • Social media is incredibly slow but has a compound effect
  • If I had endless funds available for media, I’d still prefer traditional media (for now)

These comments are based on fact and real experience in Australia from my business rentoid.com which has had heavy exposure in both.

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Startup Blog Live

I’ll be doing a live chat on all things StartUp and Entrepreneurship this Wednesday night Australian EST at 7.3opm.

Problogger has inspired this idea from his session today – big ups.

Pro blogger on twitcam.com

I’ll be using the relatively new service www.twitcam.com – where you can ask live questions which I’ll answer.

It’ll be using my twitter sign in which is @sammartino

here is the url: http://twitcam.com/user/sammartino

Here’s where you challenge me, ask me, disagree with me for anything I’ve written on this here blog. Ask me questions about marketing, startups, outsourcing, getting to revenue, and generating massive free TV coverage. I’ve done them all successfully. These are the things you start up needs to rock the world. Looking forward to chatting with you.

Steve.

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Network Vs Internet – You decide

Just saw this amazing grab from the film ‘Network‘ circa 1976. Watch it, then think about the opportunity of the internet and our ‘own’ global communication channels we’ve been gifted. Then start something, anything, start something which makes the world a better place. Do this and the money will follow you.

[youtube=http://au.youtube.com/watch?v=MTN3s2iVKKI]