Tom Patternson 10-14-10

Tom Patternson 10-14-10 - 10-14-10 Starting and Selling a...

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10-14-10 Starting and Selling a Web Business in 2010 – Tom Patterson President, Wize.com; A Nextag Company I. Biography A. Pros and Cons of Starting a Company Right Away a. Deregulation in industry is advantage b. Low Cost for customer acquisition c. Cultural acceptance of ‘failing’; concept of redemption d. Easy access technology B. Why start a job? a. Consider why you are doing it, what are you going to get out of it, have an objective II. Wize.com III. The Dynamic Web a. Evolution of technology i. Development of internet into medium between buyers and sellers ii. Technology debate: Zuckerburg V. Alexander Graham Bell; exponential growth 1. Facebook caused the growth of online business such twitter, zynga (online gaming), Gilt Group, GroupOn iii. What is next? 1. Four Square: competition among people; a. Gets consumer to increase their own consumption as well as increasing others’ competition as well 2. 4G – faster delivery of information b. Ideas: What am I doing everyday and how it applies to others
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IV. Product Trends
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Tom Patternson 10-14-10 - 10-14-10 Starting and Selling a...

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