think tank creative

Procrastination with TED

What am I supposed to be doing? I’m supposed to be working on the content for my new website. My new fabulous website. My new fabulous website that is so fabulous I actually have no desire to update my comparatively old, ugly, outdated website. The new one is really great — it’s modern, it’s clean, it’s bright, and it has lots of fun tools that I love and my developers hated. (Thanks, Related Media!) So why isn’t it live so you can all sing your praises? Procrastination. (That and my fabulous clients have kept me super busy — which is a super good thing that I’m really grateful for.) But tonight is a slow night, there is decent TV to keep me company and I really should be doing laundry so that I’m forced to take breaks every once in a while, and it really is an ideal time to knock out some web copy.

But oh! Is that a new issue of Fast Company? And I really would like to take a bath! And read my new magazine! Ok, I will! So I did. And now, I’m writing a blog post, because writing anything other than my web content sounds really fun right now. Sigh.

As I flipped to an article on “How TED Became the New Harvard” it reminded me of one of my favorite TED talks “Schools Kill Creativity” by Ken Robinson. Ironically, it was listed alongside “Surprising Science of Motivation” — a talk I clearly need to watch today.

The Fast Company article explains how TED actually started: Richard Saul Wurman, renowned graphic designer and information architect, realized conference participants wanted a single track of programming — a shared experience that they could discuss in depth on breaks. Despite having participated in two different TEDx events in two different cities, I really hadn’t ever realized that the talks permeate the entire event. I knew I met lots of people at the events, I knew I discussed the talks, but I never realized that the shared experience of watching these talks was what I enjoyed most.

A few days ago @davidmcgraw posted a link to his favorite TEDxPotomac talk. The @joshsundquist TED talk was one of my favorites too, and one I had mentioned previously in my blog post on the event. So, we exchanged a tweet and continued the experience. I’ve been to a number of conferences and TED is the only one where I remember specific emotions, reactions, and topics. Perhaps it’s magic of the event, and perhaps it’s the shared experience. Or perhaps the format of TED is a format more conferences should emulate.

Below, my two favorite TED Talks from TEDxPotomac. Enjoy!

(These aren’t the official TEDxPotomac videos, in fact Luke Spring’s video isn’t from TED at all, but work with me!)

Should You Buy a .CO Domain Name?

With the growing popularity of personal websites, and the fact that nearly all businesses have some form of a Website, trying to purchase a new .com name has become increasingly difficult. This week, .co domains were released for purchase on sites such as NetworkSolutions.com, GoDaddy.com and Register.com.

What’s a .co name? Essentially it is the same as a .com name — anyone can buy any available domain. In contrast to .net, .biz, and .us extensions, the .co is widely used in a number of countries including the UK (.co.uk) and Japan (.co.jp). This international use will help build credibility of this extension much faster than the .net and .biz extensions.

Who should buy a .co name? First, if you missed out on a great .com name for your business, you should buy a .co right away. We picked up ThinkTankCreative.co this morning. If you want to host a URL shortener on your site, you should pick one up also. Mashable.com has reported that Twitter purchased t.co for use as a link service.

There is one other group who should immediately purchase available .co names: associations. So often, associations go by their acronym equivalent to their full name. The National Association of Security Companies (NASCO), for example, should immediately snatch up nas.co. American Society of Clinical Oncology (ASCO), you might want to consider grabbing as.co.

Domain names are cheap — just $29-39/year for these new extensions. Even if you hold on to the URL for three years and never use it, you’ve at least guaranteed that your competition doesn’t grab your name and use it to pull members and clients away from your business.

What the F**k is Social Media Now?

Last year we posted links to Martha Kagan’s “What the F**k is Social Media?” and “What the F**k is Social Media One Year Later?” presentations. One year later, she has updated these to show the latest mind-boggling statistics. For example, last year 150 billion minutes were spent on Facebook each month. This year? 500 billion minutes per month.

What the F**k is Social Media NOW?

View more presentations from Marta Kagan.
How is your organization using social media?

Event Recap: Zappos CEO Tony Hsieh on Delivering Happiness

Welcome to Digital Capital Week (#dcweek for those of you on Twitter). DCWeek is a 10-day festival (full schedule here) focusing on technology, innovation and all things digital in our nation’s capital. As part of DC Week, about 30 participants gathered in a GW lecture hall to hear Zappos.com CEO Tony Hsieh. Hsieh’s book, Delivering Happiness debuted at number one on Amazon.com and BarnesandNoble.com’s best seller lists.

Hsieh got his start in business back in college with, what else but, a pizza business. He bought a couple pizza ovens and started selling pizza to kids in the dorms. One customer, Alfred, would come in a buy a full pie. A few hours later, he would return for another one. Hsieh later figured out that Alfred was buying the pies and reselling the individual slices to other kids in the dorm. Alfred is now CFO of Zappos.com

From his pizza business, Hsieh went on to co-found LinkExchange. He hired his friends to work for him until the company got so big ran out of friends. Hsieh realized he had lost control of the business and it was no longer fun. He sold it to Microsoft.com.

Through his venture capital firm, Venture Frogs, Hsieh became involved in Zappos.com. Hsieh asked, “do we want to just sell shoes or, do we want to do something more meaningful?”

Customer service became the #1 priority for the company. When this shift occurred, Hsieh discovered that all levels of the company embraced customer service — the employees, the delivery people, the customers — it became a fundamental part of the corporate culture. Hsieh developed ten commit-able core values. Core values include “create fun and a little weirdness” which is intended to celebrate unique characteristics of each individual. These values are not only apart of the day-to-day work of the company, but also help drive the hiring process. Hsieh gave an example of how one core value — be humble — is “tested” during the interview process: All interview candidates are picked up on the Zappos.com shuttle bus. They are taken to the offices, where they are given a tour and then spend the day interviewing. They are then taken back via the shuttle. At the conclusion of the day, the shuttle bus driver is asked how the candidate treated them — poor treatment, no hire. Zapposinsights.com details all of these core values.

Zappos.com has found its success through developing a PEC or personal emotional connection: get the interaction right and they remember that for a very long time. For example, if Zappos.com doesn’t carry a product you are looking for, they will recommend another website that does. Do they lose that business? Sure. Do they build an emotional connection by searching the Web for the product you need? You bet. This attitude toward customer service naturally helped Zappos.com expand from shoes to other product lines.

In 2009, Zappos.com further expanded its brand to “delivering happiness,” the topic of Hsieh’s book. As a company, Zappos.com made the conscience decision to move towards a culture which no longer had to choose between making profits and customer service.

A number of articles exist as to how Hsieh empowers his employees to make customers happy whether it is including a personal note with a purchase, or just chatting with a lonely customer. Hsieh asks “what’s the ROI of a hug?”

Managers are also empowered to help build a corporate culture and are encouraged to spend 20-30% of their time outside of the office with their team. “Party with a purpose,” says Hsieh. Allowing his 500+ employees to do this has helped teams build levels of trust, improve communication and encourage a “lend a hand” attitude. Hsieh defines a good manager as someone who can fire an employee and then go have a beer together afterward.

For Hsieh, it’s not about paying huge salaries or having a checklist of benefits; it’s about hiring people who want to grow personally and professionally and within 5-7 years become senior leaders. That’s not to say he’s never made a bad hire. Hsieh says as businesses grow, there is the temptation to just put a warm body in the seat as quickly as possible rather than taking time to find the right person to fill the role. Hsieh estimates that bad hires have cost Zappos.com over $100 million.

In November of 2009, Amazon.com formally acquired Zappos.com in an all stock transaction valued at $1.2B. After the acquisition rather than top level executives taking the retention bonus, Zappos.com split it amongst all employees — equating to a 40% bonus to each employee. Hsieh certainly delivered happiness that day.

Hsieh asks, what if airlines followed this idea of “delivering happiness”? If one followed it, other airlines could probably survive. But, if a handful, or better yet, half, followed embraced a corporate culture of delivering happiness? The other half would not survive. Let’s hope Hsieh starts his airline soon!