<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Business on Stormy Peters</title><link>https://stormyscorner.com/categories/business/</link><description>Recent content in Business on Stormy Peters</description><generator>Hugo</generator><language>en-us</language><lastBuildDate>Mon, 26 Oct 2015 09:49:15 -0700</lastBuildDate><atom:link href="https://stormyscorner.com/categories/business/feed.xml" rel="self" type="application/rss+xml"/><item><title>How companies like Uber and Airbnb are gamifying work</title><link>https://stormyscorner.com/blog/how-companies-like-uber-and-airbnb-are-gamifying-work/</link><pubDate>Mon, 26 Oct 2015 09:49:15 -0700</pubDate><guid>https://stormyscorner.com/blog/how-companies-like-uber-and-airbnb-are-gamifying-work/</guid><description>&lt;p>&lt;em>First published on &lt;a href="https://medium.com/@storming/how-companies-like-uber-and-airbnb-are-gamifying-work-cb22876d303a#.ccp94nw3g" rel="noopener">Medium&lt;/a>.&lt;/em>&lt;/p>
&lt;p>Companies with the newer â€œsharing economyâ€ business models are gamifying work. They are making people work hard in ways that resemble how they play video games.&lt;/p>
&lt;p>To better understand this, I compare their models to the components of a game as given by &lt;a href="https://amzn.to/1KBUaIK" rel="noopener">Reality is Broken&lt;/a> by Jane McGonigal:&lt;/p>
&lt;ol>
&lt;li>Goal: A game has a very specific outcome, a sense of purpose. Where as at work you might wonder what the purpose is, in a game itâ€™s usually very clear what you are trying to do.&lt;/li>
&lt;li>Rules: In a game there are clear limitations on how you are supposed to accomplish the goal. These limitations make it really clear where people can experiment encouraging creativity and strategy. At work, the limitations are often not clear. Maybe you can ask for more budget, maybe another department will help you, maybeÂ â€¦&lt;/li>
&lt;li>Feedback system: all games have a scoring system or a way of knowing how close you are to the goal. I think this is often the most missing thing at work, especially if you donâ€™t have a clear goal (besides making money).&lt;/li>
&lt;li>Voluntary participation: everyone who is playing the game knows and accepts the goal, rules and feedback. This allows people to play together and makes it safe and fun as you always have the freedom to leave.&lt;/li>
&lt;/ol>
&lt;p>Companies like Airbnb and Uber have all these components, and people have fun trying to see if they can gain new levels and statuses. I recently talked to an Airbnb host who is obsessed with making â€œSuper Hostâ€ status.&lt;/p></description></item><item><title>When you are afraid of risk, you create weak teams</title><link>https://stormyscorner.com/blog/when-you-are-afraid-of-risk-you-create-weak-teams/</link><pubDate>Tue, 20 Oct 2015 09:50:47 -0700</pubDate><guid>https://stormyscorner.com/blog/when-you-are-afraid-of-risk-you-create-weak-teams/</guid><description>&lt;p>&lt;em>First published on &lt;a href="https://medium.com/@storming/how-risk-aversion-can-create-poor-role-models-e7862c10c4cd#.tvllmk4le" rel="noopener">Medium&lt;/a>.&lt;/em>&lt;/p>
&lt;p>When role models are risk adverse, they change the game for everyone.&lt;/p>
&lt;p>Last night at kickball, a young woman on the other team decided to start bunting and she changed the preferred strategy for women on both teams. She was a strong player and she obviously thought her best option, maybe her only option, was to bunt. So quickly the feel became, to be a &amp;ldquo;team&amp;rdquo; player, all weak players should bunt. Never mind that by bunting you give up all chances of kicking a home run or even a double. Or of feeling proud of your kick.&lt;/p></description></item><item><title>Your competition helps explain who you are</title><link>https://stormyscorner.com/blog/your-competition-helps-explain-who-you-are/</link><pubDate>Tue, 27 Nov 2012 02:47:00 -0700</pubDate><guid>https://stormyscorner.com/blog/your-competition-helps-explain-who-you-are/</guid><description>&lt;blockquote>
&lt;p>&amp;ldquo;Where there is no competition, there is no market. This is why start-ups who &amp;ldquo;have no competition&amp;rdquo; have trouble engaging partners and making sales.&amp;rdquo; - Geoffrey Moore, Escape Velocity&lt;/p>&lt;/blockquote>
&lt;p>Open source projects often shy away from competition. They value collaboration and leveraging existing solutions. But competition is good for more than making you run faster. Competition helps define who you are.&lt;/p>
&lt;p>This is why the Nike iPod sensor had such a hard time when it came out. There was nothing to compare it to except pedometers. In contrast, Fitbit and Jawbone&amp;rsquo;s Up have met with a lot more initial success. And just about every article about them compares them to each other. (Interestingly, Nike has a new, similar product called Fuel Band that is mentioned in very few of the articles.)&lt;/p></description></item><item><title>How to have hallway conversations when you can't see the hallway</title><link>https://stormyscorner.com/blog/how-to-have-hallway-conversations-when-you-cant-see-the-hallway/</link><pubDate>Mon, 04 Jun 2012 20:20:51 -0700</pubDate><guid>https://stormyscorner.com/blog/how-to-have-hallway-conversations-when-you-cant-see-the-hallway/</guid><description>&lt;p>I recently listened to a talk by &lt;a href="https://randsinrepose.com/" rel="noopener">Michael Lopp&lt;/a> about how to be a great manager.&lt;/p>
&lt;p>During his talk, he stressed the importance of hallway conversations. Hallway conversations are informal conversations about projects, goals and status. As &lt;a href="https://stormyscorner.com/please-welcome-shezmeen-prasad-to-the-mozilla-developer-engagement-team/" rel="noopener">Shez&lt;/a> says, they are great for bouncing ideas off people you might not normally interact with and just letting them know what you are up to.&lt;/p>
&lt;p>Here&amp;rsquo;s how I do &amp;ldquo;hallway conversations&amp;rdquo; while working thousands of miles from my colleagues:&lt;/p></description></item><item><title>The secret to my success in a field of men? All my friends. My guy friends.</title><link>https://stormyscorner.com/blog/the-secret-to-my-success-in-a-field-of-men-all-my-friends.-my-guy-friends./</link><pubDate>Wed, 04 May 2011 21:09:34 -0700</pubDate><guid>https://stormyscorner.com/blog/the-secret-to-my-success-in-a-field-of-men-all-my-friends.-my-guy-friends./</guid><description>&lt;p>I&amp;rsquo;ve spent a lot of time over the past few weeks talking about why we have so few women in open source and web development and how to encourage more women to join. (I even got to spend an awesome afternoon with a bunch of girls. I was supposed to be mentoring them but they were already Python game developers and small business owners - at the ages of 10 and 15!)&lt;/p></description></item><item><title>Forking an open source project: regaining internal motivation</title><link>https://stormyscorner.com/blog/forking-an-open-source-project-regaining-internal-motivation/</link><pubDate>Wed, 22 Sep 2010 09:02:56 -0700</pubDate><guid>https://stormyscorner.com/blog/forking-an-open-source-project-regaining-internal-motivation/</guid><description>&lt;p>Can forking a free software project enable you to regain your internal motivation to work on a project? My current theory is that if you work on free software, then you get paid to work on it and then you get laid off, that you would work on a different project. Because the first one is no longer good enough to get paid, then it must not be good enough to work on for free.&lt;/p></description></item><item><title>How do I raise enough money to work on my project full time?</title><link>https://stormyscorner.com/blog/how-do-i-raise-enough-money-to-work-on-my-project-full-time/</link><pubDate>Tue, 14 Sep 2010 12:52:48 -0700</pubDate><guid>https://stormyscorner.com/blog/how-do-i-raise-enough-money-to-work-on-my-project-full-time/</guid><description>&lt;p>&amp;ldquo;How do I raise enough money to be able to spend all my time working on my favorite free software project?&amp;rdquo; is a question I hear often.&lt;/p>
&lt;p>I have a few ideas and I&amp;rsquo;m very interested in hearing others as I think the world would be a better place if we all could afford to do work we loved and thought useful.&lt;/p>
&lt;ol>
&lt;li>&lt;strong>Focus on the difference you&amp;rsquo;d make.&lt;/strong> First off, I wouldn&amp;rsquo;t approach it as &amp;ldquo;I need to raise money to pay myself.&amp;rdquo; Unless you are raising moneyÂ solelyÂ from people that love you, whether or not you get paid is probably not going to sway them one way or the other. You need to tell them what $100,000 a year would do. How would your project be great then? Who would it help? How would it make the world a better place? How would it help this particular type of sponsor?&lt;/li>
&lt;li>&lt;strong>Believe it&lt;/strong>. You need toÂ trulyÂ believe your project would benefit from the money and your work. If you aren&amp;rsquo;t convinced, you won&amp;rsquo;t convince anyone else.&lt;/li>
&lt;li>&lt;strong>Figure out how much you need&lt;/strong>. It helps to have a goal. Would you quit your day job if you had $20,000 in funding? $100,000? $200,000? (Don&amp;rsquo;t forget costs like health care, vacation time, etc.)&lt;/li>
&lt;li>&lt;strong>Identify different types of sponsors.&lt;/strong> Are you going to raise money from developers? Or software companies? Or philanthropic grant givers? Also think about how much money that type of sponsor is likely to give. Be realistic. Maybe they gave a project $100,000 once but they gave five other projects $10,000. You are probably going to get $10,000 if you get anything. Then figure out how many sponsors you&amp;rsquo;ll need. Figure out where those people are and how you are going to get introduced to them.&lt;/li>
&lt;li>&lt;strong>Create a pitch.&lt;/strong> You need a really good web page, a good email, an elevator pitch and unfortunately, you probably need a slide deck too.&lt;/li>
&lt;li>&lt;strong>Tell the world.&lt;/strong> Don&amp;rsquo;t ask everyone for money. But tell everyone about your project and what your goals are. (Hint: your goal is not to raise money but to make your project better. The money is a means to an end.) Use your elevator pitch. Listen carefully to their questions, their skepticism, their ideas. Evolve. Make your pitch better. Figure out how to pitch it to different types of people.&lt;/li>
&lt;li>&lt;strong>Sell your project&lt;/strong>. Don&amp;rsquo;t forget to talk about your project. You aren&amp;rsquo;t just asking for money, you are selling the potential of your project.&lt;/li>
&lt;li>&lt;strong>Collect stories&lt;/strong>. Studies have proven that people are willing to give more money to save one child identified by name and ailment than they are to save 100 kids. Personal stories are moving. Find a couple of stories of how your project has made a difference.&lt;/li>
&lt;li>&lt;strong>Learn about them.&lt;/strong> You are not going to get any money from someone whom you don&amp;rsquo;t understand. Know them, know their business, know what they care about, know how they view you.&lt;/li>
&lt;li>&lt;strong>Work with an organization that can help&lt;/strong>. For example, maybe you want money to work on your favorite project and you found companies that are willing to sponsor it but they don&amp;rsquo;t want to manage it. Would they be willing to funnel the money to you through a nonprofit organization that also supports your type of project?&lt;/li>
&lt;li>&lt;strong>Ask&lt;/strong>. Talk to lots of potential sponsors, ask them for money, apply for grants, look for opportunities. If you don&amp;rsquo;t ask for the money, you will never get it.&lt;/li>
&lt;/ol>
&lt;p>What else would you recommend?&lt;/p></description></item><item><title>Book Review: Managing the Nonprofit Organization</title><link>https://stormyscorner.com/blog/book-review-managing-the-nonprofit-organization/</link><pubDate>Fri, 31 Jul 2009 09:47:44 -0700</pubDate><guid>https://stormyscorner.com/blog/book-review-managing-the-nonprofit-organization/</guid><description>&lt;p>&lt;em>If you follow any of the links to Amazon in this post, any purchases you make will send a referral fee to the &lt;a href="https://gnome.org/foundation" rel="noopener">GNOME Foundation&lt;/a>.&lt;/em>&lt;/p>
&lt;p>&lt;a href="https://www.amazon.com/gp/redirect.html?ie=UTF8&amp;amp;location=http%3A%2F%2Fwww.amazon.com%2Fgp%2Fentity%2FPeter-F.-Drucker%2FB000AP61TE%3Fie%3DUTF8%26ref%255F%3Dep%255Fsprkl%255Fat%255FB000AP61TE&amp;amp;tag=friendofgnome-20&amp;amp;linkCode=ur2&amp;amp;camp=1789&amp;amp;creative=390957" rel="noopener">Peter Drucker&lt;/a>&lt;img src="https://www.assoc-amazon.com/e/ir?t=stormysblog-20&amp;amp;l=ur2&amp;amp;o=1" alt="" loading="lazy">&amp;rsquo;s &lt;a href="https://www.amazon.com/gp/product/0060851147?ie=UTF8&amp;amp;tag=stormysblog-20&amp;amp;linkCode=as2&amp;amp;camp=1789&amp;amp;creative=390957&amp;amp;creativeASIN=0060851147" rel="noopener">Managing the Nonprofit Organization&lt;/a>&lt;img src="https://www.assoc-amazon.com/e/ir?t=friendofgnome-20&amp;amp;l=as2&amp;amp;o=1&amp;amp;a=0060851147" alt="" loading="lazy">
was full of good ideas. I started ripping off pieces of my bookmark to mark interesting pages and ended up with no bookmark!&lt;/p>
&lt;p>&lt;a href="https://www.amazon.com/gp/product/0060851147?ie=UTF8&amp;amp;tag=stormysblog-20&amp;amp;linkCode=as2&amp;amp;camp=1789&amp;amp;creative=390957&amp;amp;creativeASIN=0060851147" rel="noopener">Managing the Nonprofit Organization&lt;/a> discusses mission, marketing, fund raising, performance, people, relationships and developing the leader.&lt;/p>
&lt;h3 id="mission">&lt;strong>Mission&lt;/strong>&lt;/h3>
&lt;p>According to Drucker, mission matters most in a nonprofit - much more than the leader&amp;rsquo;s charisma or talents. Non-profits exist to bring about change in individuals and society and focusing on the desired outcome is essential for defining plans, executing a strategy and putting the right people in the right roles.&lt;/p></description></item><item><title>501(c): (3) versus (6)</title><link>https://stormyscorner.com/blog/501c-3-versus-6/</link><pubDate>Mon, 25 Aug 2008 13:36:50 -0700</pubDate><guid>https://stormyscorner.com/blog/501c-3-versus-6/</guid><description>&lt;p>501(c) organizations are US non profit organizations. 501(c) is actually the name of the IRS tax code that defines non profits.&lt;/p>
&lt;p>There are actually &lt;a href="https://en.wikipedia.org/wiki/501%28c%29" rel="noopener">28 kinds of 501(c)&lt;/a>&amp;rsquo;s. I&amp;rsquo;ll focus here on just two:&lt;/p>
&lt;ul>
&lt;li>501(c) (3) - the &lt;a href="https://gnome.org/foundation" rel="noopener">GNOME Foundation&lt;/a> is a 501(c) (3)&lt;/li>
&lt;li>501(c) (6) - the &lt;a href="https://www.linuxfoundation.org/en/Main_Page" rel="noopener">Linux Foundation&lt;/a> is a 501(c) (6)&lt;/li>
&lt;/ul>
&lt;p>They are both nonprofits, exempt from federal income tax.&lt;/p>
&lt;p>Here are some of the main differences: (Note that I am not an attorney nor an accountant, so you should consult other experts if you are actually creating one of these organizations!)&lt;/p></description></item></channel></rss>