Tag Archives: Bloomberg

Social Media Can be Profitable

Mashable recently posted this video in which Bloomberg interviewed Mashable CEO Pete Cashmore, in which he discussed how the blog which was first introduced in 2005 was able to utilize web 2.0 technology to provide 24/7 news coverage of what’s happening on the web and in social media.

The site has many revenue streams including advertising, job boards, and even events. This is just an example of how web 2.0 technology in this day and age has replaced traditional media in the way we receive information. Watch the video below.

The Best Advice

In a recent article at Fortune, the sit down with 25 of today’s powerful people in the business world and ask them for the best advice the ever got. Here is some of the advice that I found interesting: Michael Bloomberg is the Mayor of New York City and founder of Bloomberg LP. The advice was, first, always ask for the order, and second, when the customer says yes, stop talking. Charlene Begley, President and CEO, GE Enterprise Solutions Spend a ton of time with your customers. Especially when you’re new, the first thing you should do is go out to customers and ask them how you compare with competitors, how your service is, what they think of your products. Alan Mulally, President and CEO, Ford Motor Company

The best advice I ever received was to have a point of view about the future that focuses on the customer. Have a point of view. Focus on the customer. The customer is such an important part of every business. Every action must be taken into consideration, and all should focus on how your customer will like your latest move, action or product. You’re doing business for the customer. What’s the best advice you’ve ever received on appealing to your customers?