The Dilemma (and Power) of Free
In recent days, I have focused on getting paid for what you know. But, of course, there is another big story in the knowledge economy—one that is still being written. Basically, one of the challenging truths of the knowledge economy is that you will end up giving away a lot of your knowledge. Google’s search [...]
Business Lessons from the Grateful Dead
In the music business, most performers create an album and then go on tour to promote it. The Grateful Dead followed a business model that was completely different from this. Their primary source of income was from touring and from the sales of products like T-shirts. They also condoned the recording of their concerts by fans—something that is strictly prohibited by most artists.
