GolfInvestors Blog

The GolfInvestors Blog is dedicated to thoughts revolving around GolfInvestors...with some rambling allowed.
Readers encouraged to post comments about any specific blog entry.

Sunday, January 21, 2007

Building web sites for the wrong reasons --- for money

Now a days more people than not are building web sites for money. The Web 2.0 culture has been marketed about more and better features provided to users via a web browser. However, that is a facade to what the Web 2.0 initiative is really about --- it is about money. It is about how people can monetize their web sites. That is wrong and people with that attitude will fail. Only people that have the persistence to buck the trend of money making to actually make a content filled and useful web site will succeed in the end.

People are always asking how GolfInvestors make money. I tell them we don't make money. However, hopefully we will in the future. In the meantime I put my own time into to it to build a strong and useful web site for users.

Friday, January 12, 2007

Deeper transparency

People are talking about radical transparency in practice with how media companies (i.e. newspapers, etc.) are starting to allow users to provide feedback on stories posted, voting on popular stories, etc. However, what they do not talk about is an even "deeper" level of transparency. That is, transparency by customers to actually vote on how money is allocate within one's organization.

For the last couple of years I have pondered the idea of allowing GolfInvestor users to allocate their funds to certain areas of operations within GolfInvestors. For example, users pay $50 and then they say I want 50% to go to "marketing" and 50% to go to "technology". Or they can say, "I do not care how you use the money, as I trust Gi management to use it wisely."