Inspiration is only a breath away

Posted by Christopher S Penn on Oct 10, 2009 in Awakening | 5 comments

Ever notice how inspiration and air are connected?

Someone inspiring is a breath of fresh air.
We breathe new life into a project or brand.
You take a deep breath before you jump, leap, or dive.
Someone or something takes your breath away.
You might even hold your breath or await something with baited breath.

We instinctively know how powerful breath can be, so much so that in some religions, a deity created mankind by breathing a spirit into him. We know the power of the breath from other religions in which breath is the first thing to leave the body on death.

Even our word for inspiration – inspire – derives from Latin, to breathe into, to fill.

Think about this as you go through the day today. At different points in the day, maybe every hour, remind yourself to simply stop and take 3 deep breaths in a row. See what happens.

Photo credit: jjjohn

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Surrendering to Impossible Odds

Posted by Christopher S Penn on Oct 8, 2009 in Awakening, Ninjutsu | 6 comments

Surrendering to Impossible Odds

We are an optimistic people as a whole. We believe in beating the odds, in luck, in winning against the improbably. Our culture is infused with these beliefs, from superheroes saving the day and defusing the bomb with seconds to go on the clock to sports teams that pull out amazing victories from nearly certain defeat. We’ve conditioned ourselves to believe that there is always a way to win, and that more often than not, luck or fate can swing our way, which explains why casinos are perpetually crowded.

What do you do, however, when you face a situation in which you cannot win? How do you deal with facing truly, legitimately impossible odds?

The answer, from a martial perspective, might surprise you. You surrender to the inevitable. In the martial arts, there are specific techniques for this, sutemi-waza, sacrifice techniques. Rather than fighting all out and wasting what resources you do have left on a fight you can’t win, you surrender and go with the flow – and sometimes, just sometimes an opportunity appears that was previously invisible, an opportunity perhaps not to win yourself, but to play a part in an ultimately successful outcome.

In truly unwinnable situations, this might be laying the groundwork for someone else to take up your fight, whether it’s sabotaging enemy supply lines or feeding your enemies bad information to make it easier for your allies to win after your capture and execution. This might be focusing all of your remaining time to raising money and championing the cause of an organization dedicated to defeating the disease that killed you. Ultimately, it’s about taking what resources you still have available and using them for maximum effect before your time is up, whether that’s a moment on a battlefield, a year until your corporation declares bankruptcy and locks the doors, or a decade until a disease claims you. Use what you have while you are able.

The ultimate unwinnable fight is against death itself. Not too far from my office, there’s a centuries-old graveyard that I walk through at lunch when it’s pleasant out. Walking by the headstones, I get brief glimpses of lives and people I’ve never known. I see headstones denoting deaths of people who, when their time came, were younger than I am today. It’s a stark reminder that we’re all only here for a little while, and to make use of what resources we have during that time for maximum impact.

As I walk, I wonder – in two centuries after my death, what will people be pondering as they stroll past my grave?

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A question of academic credentials

Posted by Christopher S Penn on Oct 5, 2009 in Blogging, Education | 0 comments

Blogging today over here about academic credentials and whether they matter or not. Your thoughts and comments welcomed!

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The most amazing moment of PodCamp Philly 3

Posted by Christopher S Penn on Oct 5, 2009 in PodCamp, Podcasting | 14 comments

You know what the most amazing moment of PodCamp Philly 3 was?

At the opening, I asked the crowd – 200+ folks – how many people had never been to a PodCamp before.

About 80% of the room raised their hands.

That’s huge. That’s amazing. I have to give huge props to the Philly organizing team for continuing to attract new members to our community. When Chris Brogan and I started PodCamp in 2006, we never imagined that years later, events in cities all over the world would continue to attract lots and lots of new people.

Another interesting curiosity from the weekend – the podcasting sessions were stuffed to the gills, standing room only for many of them. If you’ve read Seth Godin’s The Dip, I think podcasting is on the other side of its dip now. It came out strong in 2004 and 2005, was the shiny darling of the new media world, and then more or less went through massive growing pains. Based on the number of folks I talked to over the weekend, podcasting isn’t the sexy new thing any more – and that’s incredibly good news for people interested in learning about podcasting. The snake oil salesmen have moved on (they’re now selling Twitter expert guides) and the space has technologically matured.

Clay Shirky said best at TED @ State that something like podcasting becomes socially interesting after it becomes technologically uninteresting. The shiny has worn off and now people from all businesses and all areas of focus are looking at podcasting for what it truly is: a delivery mechanism for content that can, if used properly and selectively, give people the information they want in the method best suited to their needs.

Hats off again to the PodCamp Philly team for a great event and for continuing to show that podcasting, far from being dead, is only now starting its march out of the dip and into mainstream usages of all kinds.

Photo credit: Jakob Montrasio

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What Farmville should teach us about profitability

Posted by Christopher S Penn on Oct 1, 2009 in Economy, Education, Metrics, Money | 11 comments

Profits! Profitability! The holy grail of business. Yet surprisingly, one of the most difficult things to calculate. Companies spend thousands of dollars a year in consulting, technology, software, systems, and accounting firms just to get a vague idea of their profitability. Why?

Here’s an example of how difficult profitability can be even in a very closed, contained, predictable system. Let’s take Farmville, the popular Facebook game. Of all the crops available to early players of the game, which is the most profitable?

A casual look says it should be cotton. That giant 207 coin payout for planting cotton is definitely the biggest number on the page. Of course, that’s only gross profit. Each crop also costs money to plant. Do some quick math to subtract the cost of seeds and suddenly artichokes become more profitable – that’s net profit per crop, profit after costs.

So, should you go plant artichokes willy-nilly? Not necessarily! You forgot tilling costs, which is a fixed, flat 15 coin fee for every plot of land. While this may not change the choices between artichokes and cotton, it drastically alters the profitability of cheaper items like soybeans, which at first glance look like a terrific investment – plant for 15 coins to reap 63 – but becomes plant for 30 coins to reap 63 after the tilling cost.

Finally, take the amount of time you’re willing to invest in Farmville. For me, it’s virtually none. I’ve got better games to play in my free time, like Warcraft, so Farmville is at best a curiosity. If you’ve got a lot of time to invest in the game, then you have to do one final calculation for profitability – how much income per hour each crop reaps. Divide each crop’s net profit after costs and tilling by the number of hours to maturity to get net profit per hour, and suddenly, inexpensive but time intensive raspberries yield the highest overall profit per hour – if you’re willing to babysit them every two hours.

What’s the lesson in all of this? Calculating return on investment and profitability can be very tricky. In the incredibly simple Farmville case, the tilling cost is one people leave out of their calculations more often than not. The example of raspberries also demonstrates that what looks like the biggest number at first (artichokes) isn’t – you might be better served cranking out a smaller margin with high frequency than a big margin very infrequently, particularly if you’re in a business where market conditions shift rapidly.

Now imagine how difficult this is to apply to real businesses, where prices, markets, and conditions change, where costs and profits are not fixed, and where time is not free, and you get a sense of how truly amorphous profitability can be.

This is also why it’s super important to get kids and adults playing games like Farmville and Warcraft, to teach them the powerful economics lessons in their games so that they can dig into understanding business without putting real money on the line.

Have fun farming!

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