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Larry Chiang writes about hacking business and school. After a Harvard Business School keynote, they wrote: “What They Don’t Teach You at Stanford Business School“. If you read his scandalously awesome “What They STILL Don’t Teach You at Stanford About Getting Revenge” and, “What They STILL Don’t Teach at GSB About Public Speaking” you will like his latest post about Getting VCs to Pitch Us Entrepreneurs.

If you spend 60 minutes reading his stuff, you’ll be street smart by St Patrick’s Day.

Larry ChiangBy Larry Chiang

8 Mistakes Big Brands Make Fighting a Social Media War

Nothing attracts human interest more than conflict.

Mammals love watching mammals fight and its the most popular stuff on Animal Planet. Well, Twitter status updates are all the rage so naturally conflict here attracts the most coverage.

Big brands are notoriously bad at this new medium where the exception is more notable than the norm. The norm = bad

Here are the biggest mistakes I have viewed first hand

-1- Non Transparency.

If you’re a big brand tweeting, who exactly is the voice.

PB Works does it right using a great employee spokesperson David Weekly. And that hottie that does community Christie

-2- Using a logo as your Twitter Pic

Nothing says corporate more than an effen logo as an avatar. Have you seen the graphic designers joke, “Use the cream, ‘Make my logo bigger’”. It’s hi-larry-ass but sad because its true.

Have you seen Duck9 website. We made and keep making that mistake.

-3- Forgetting Sex Sells

Yelp has an incredibly hawt smart female running community.

I don’t know exactly what my point is or was… but I read in a Stanford business book that sex sells. Ka-pow, I just saved you

-4- Learn to Say Sorry

If your brand was a big donkey, apologize.

There was a big venture capital firm that told me I was dumb and that my idea would never work. I wrote a Yelp review and paid $3k for inbound links to my review. They apologized and I dropped it.

-5- Don’t Fire Back

After my review of State Farm, a review was written about my company to mock my experience.

Never fire back.

Cite defendable truths and at least claim to “continue investigations of this internal business practice”

-6- Empower All Employees to Tweet

Remember, in a time where nearly everything records and nearly everyone is part of the media, your employee statements

-7- Remove the Disclaimer

“I’m an employee of Duck9 but these words are my own” is a legal disclaimer that my night school trained attorney can pierce.

-8- The Ostrich, Camel Toe and MooseKnuckle

In short don’t stick your head in the sand if you’re a big brand. In the comments, add your thoughts

-9- How to Recover From a Black Eye
Business is about not hitting the panic button.
One consumer with 20 twitter followers can stain your reputation with a compelling story.

Social Media War party is happening at South by Southwest (SXSW). For the first time at SXSW, there is the Social Media War party. It has the food tab supported by State Farm. And just like life, if State Farm doesn’t pay, I Larry Chiang will.
http://bit.ly/buster10

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Larry’s mentor Mark McCormack wrote this in 1983. He started IMG which represents athletes.

I wrote this in 30 minutes. If I missed something, email me… larry @larrychiang dot com and include your cell in the subject line.

DISCLOSURE: I kick a lot of butt. Text or call me during office hours 11:11am or 11:11pm PST +/-11 minutes on my cell: 650-283-8008.

Larry Chiang is the founder of Duck9 , which educates college students on how to establish and maintain a FICO score over 750. He is a frequent contributor to BusinessWeek. His earlier posts on GigaOm include: How to Work The Room ; 8 Tips On How to Get Mentored ; and 9 VCs You’re Gonna Want To Avoid . You can read more equally funny, but non-founder-focused-lessons on Larry’s Amazon blog .

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Everyone’s Gone Wild at the Festival De Cannes

by Allison Bethurem on March 12, 2010

Every Spring the film elite rub shoulders and pop champagne at fabulous parties and beach soirees, prance around in exquisite up-to-the-minute fashions and oh yeah, watch some movies, all in the south of France. The Festival De Cannes has been the hot European spot for directors, celebrities and socialites to schmooze since  1946.

What was once a tasteful and glamorous film festival at a serene seaside town in France decked with classic films, tuxedos and one-piece bathing suits has turned a bit topsy-turvy over the past few years. The films and celebrities are still there, but with over 10,000 film industry professionals coming from over 97 countries, the festival is now prone to some outrageous moments.

After seeing this post in Movie Moron, I had to re-share some moments they found and some we found! Happy Friday!

Paris likes to keep her man on her tongue leash in public.

Borat’s mankini was the must have for every man that summer!

Multitasking is key at Cannes. However does ‘The King of Cannes’ Jacques d’Azur do it?

Jerry Seinfeld buzzing around to promote Bee Movie. Is this all they could really think of?

What? The poor girl was hot! (note all of the empty champagne glasses by her feet ;) )

This group of Belgium bicyclists were swealtering hot too! What a way to get the attention of their favorite celebs!

Finally after all of the partying is done and the wee hours of the morning approach, at least someone’s responsible enough to recycle! France is so green!

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How To: Eat and Drink for Free at SXSW

by Brian Remmel on March 12, 2010

Savvy conference-goers know that getting the most out of a conference is all about having the inside information: which panels will be the best, where to go for free food and drinks,  and which parties are worth attending.

Real-time search startup Collecta launched their mobile site this week, just in time for the festivities at SXSW. Now anyone with a smartphone can point their mobile browser to http://m.collecta.com, enter a query like “sxsw free” or “party sxsw,” and watch the reports stream in.

Despite only being around for two days, it has already been used to score a free flight to anywhere from Jet Blue.

You can learn more about where Collecta Mobile here, or just try it out for yourself!

Disclosure: In addition to being a contributor to bub.blicio.us, I also work at FutureWorks, where one of my clients is Collecta.

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Using Twitter To Save Money

by larrychiang on March 12, 2010

Larry Chiang edits the BusinessWeek channel “What They Don’t Teach at Business School”. After a Harvard Business School keynote, Harbus wrote:  “What They Don’t Teach You at Stanford Business School“. If you read his scandalously awesome “What They STILL Don’t Teach You at Stanford About Getting Revenge” and, “What They STILL Don’t Teach at GSB About Public Speaking” you will like his latest post about “Using Twitter to Save Money- The Broke Diaries”.

By Larry Chiang

I love learning from mentors. Nichelle Stephens, founder of Keeping Nickels and editor of Pepsi We Inspire is leading a panel called Broke Diaries. Joining her is me, Hayes Davis, co-founder of CheapTweet.com, and Faye Penn, editor/publisher of Brokelyn.com,

Here is what I will be talking about so if you want to pre-learn, pre-study, pre-prepare… Here are some great tips on using Twitter to save money and make money.

-1- Use Twitter To Save Money on Your Education
Of course I am the guy that teaches “What they don’t teach at b-school”. People marvel at how you CAN learn what Stanford and Harvard teaches without paying full tuition to go. Here’s how EXACTLY
-Download course agendas

-Learn what the professors have loaded up on the internet for free

-Participate in networking events with great speakers. For example, subscribe to twitter.com/basesevents for Stanford b-school events to rsvp for

- Attend community outreach conferences like Harvard’s eWeek for very little money

I once even hosted an event during Stanford’s eWeek. The event was called the Reverse VC Pitch Party and I got venture capitalists to pitch. I guess some people pay to attend business school, but I make money producing b-school events for no money. I got the founder of PayPal to sell his venture firm. How I did all this is below…

…but first how did I meet the founder of PayPal.

-2- Get Smart!

Find mentors and more mentors by wooing them via Twitter.

Twitter is full of experts in a multitude of categories. Wooing and access to them is pretty easy via Twitter. I wrote about “How to Work a Twitter Party” and I would highlight the following points:

- Search and get keyword alerts for phrases that signal an expert is posting tweets. I’d use gmail keyword alerts
- Avoid the surf and pray method of finding thought leaders
- Mentors are at expensive conferences. Access is easier (and free sometimes) if you tweet. (see #3)
- Producing and hosting events future mentors want to come to (This is HUGE! I expand on this in #4)

-3- Use Your Twitter Account to Access Expensive Conferences

Twitter can be your all-access badge if you tweet right. Most conferences charge $300 to $6000. You can increase your probability of getting access if you read and execute on some of the stuff below:
- Conferences need bloggers SO BADLY So blog about the conference before the conference.
- Pre – blog a CONFERENCE helps you and the conference producer
- Live – blog and live tweet using the conference hashtag
- Cover last year’s conference to preview this year’s conference
- Use the 3,2,1 formula- 3 paragraphs, two pictures, one focus for each blog post
If a blog post takes you longer than 2 hours, you’re over-thinking it. In three paragraphs just answer: What’s up. What this means now and in the future. Where things could go. What is next.
-4- Host Uber Low Cost, Highly Attended Events Using Twitter

When I say HOST most people get really nervous. Don’t.

If you host something your likelihood of getting a mentor goes up. It goes up because the number of people you meet goes up. Here is how to produce, organize and promote highly attended events using Twitter for very little working capital.

  • Announce a 5-30 person party on Twitter
  • Beg, email and comp to get retweets
  • Invite an author and buy 5 copies of their book (If you invite me, I will fly across the country if you buy my mentors book)

Guest Blog somewhere and then tweet the bit.ly link
First 25 free – Rebate if you show up (example is bit.ly/vc0406)
Quasi-Celeb CoHost or Celebrity
Value Addedly hi-jack the conference PR

Let me stress the $25-free-with-a-rebate manuver. You don’t want to just give something away and have them not show up. I recommend doing a rebate. It is free and I will rebate you IF you show up.

Well, it’s been a slice and I hope to see you on Twitter. Find me or my panelists on Twitter :-) @niche @LarryChiang @HayesDavis @Brokelyn.
The panel is Friday March 12 at SXSW at 2pm

See the nuggets of learning compiled on a wiki page that you can chip in money saving and making ideas

http://duck9er.pbworks.com/Broke+Diaries+Panel%3A+Pre-learning+before+SXSW

CONCLUSION
larry@duck9.com and put your cell in the subject line to bust spam
bit.ly/BrokeDiaries (a wiki to chip in your ideas)
text me with stuff: 650-283-8008
email my PDA if you want me to retweet something chiang9@duck9.com

If you liked this, you may also check:

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Larry’s mentor Mark McCormack wrote this in 1983. He started IMG which represents athletes.

I wrote this in 40 minutes. If I missed something, email me… larry @larrychiang dot com and include your cell in the subject line.

DISCLOSURE: I kick a lot of butt. Text or call me during office hours 11:11am or 11:11pm PST +/-11 minutes on my cell: 650-283-8008.

Larry Chiang is the founder of Duck9 , which educates college students on how to establish and maintain a FICO score over 750. He is a frequent contributor to BusinessWeek. His earlier posts on GigaOm include: How to Work The Room ; 8 Tips On How to Get Mentored ; and 9 VCs You’re Gonna Want To Avoid . You can read more equally funny, but non-founder-focused-lessons on Larry’s Amazon blog .

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Reverse VC Pitch Party

by larrychiang on March 8, 2010

Larry Chiang writes about hacking business and school. After a Harvard Business School keynote, they wrote: “What They Don’t Teach You at Stanford Business School“. If you read his scandalously awesome “What They STILL Don’t Teach You at Stanford About Getting Revenge” and, “What They STILL Don’t Teach at GSB About Public Speaking” you will like his latest post about Getting VCs to Pitch Us Entrepreneurs.

If you spend 60 minutes reading his stuff, you’ll be street smart by St Patrick’s Day.

By Larry Chiang

VCs now pitching start-ups.

Dave McClure is leading a new charge where VCs are doing outreach and education to stimulate deal flow. He is at Founders Fund.

Who are VCs trying to charm?! — waves of entrepreneurs able to launch lean start-ups.

Sales oriented VCs like McClure romance entrepreneurs by reaching out to influencers like Jeremiah Owyang (Altimeter), Eric Reis (blogger), or Marcus Nelson (UserVoice/SalesForce). These influencers are the people who entrepreneurs look to for guidance, advice and support.

Smart VCs are also “speak-sponsoring”… it’s where they speak and sponsor simultaneously. For example, at Stanford, David Hornik of August Capital introduces VIP guest speakers and hosts Fraiche frozen yogurt receptions.

(cc) Kenneth Yeung – thelettertwo.com

A third component to speak-sponsoring is producing afterparties to tech conferences and events. On a small scale, Second Market hosted the green room at Girls In Tech Conference. Second Market provides VCs, LPs and founders liquidity to pre-IPO companies. Brita Moeller, VP of Private Markets, revealed, “For a small sum of money I got access to all the speakers basically coming to me in the green room.”

Another example is when Canaan Partners hosted Web 2.0 Summit afterparty. They paid for an event at the Swank St Regis to get entrepreneur deal flow. The Web 2.0 Summit was at the Westin and Canaan decided to upgrade the entrepreneur experience and use a five star resort

(cc) Kenneth Yeung – thelettertwo.com

Bryan Chao, senior associate at Canaan said, “Nothing activates our brand more than supporting entrepreneurs”. Canaan gave away a booth that allowed a non portfolio company to showcase and promote as if they were already Canaan portfolio company.

VCs pitching entrepreurs is also happening at South by Southwest (SXSW). For the first time at SXSW, there is the Reverse VC Pitch event. It has VCs pitching entrepreneurs. Recently, at Stanford, Luke Nosek of Founders Fund pitched (Video) http://bit.ly/vc0224v.

The upcoming event Sunday March 14 has over a dozen top venture firms including GRP, Bessemer, First Found, Benchmark, Austin Ventures, Draper Fisher, S3, Shasta, Sierra and more.

Good luck working it and crash my Reverve VC Pitch Party on March 14.

If you liked this, you may also check:

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Larry’s mentor Mark McCormack wrote this in 1983. He started IMG which represents athletes.

I wrote this in 40 minutes. If I missed something, email me… larry @larrychiang dot com and include your cell in the subject line.

DISCLOSURE: I started the credit company that changed an industry Duck9. I make money selling credit cards to college students and I got a bill passed that outlaws 90+% of my competitors. The new law takes effect Feb 2010 and is called Student Credit Card Protection Act of 2009. Before credit card companies used to screw college students. Now, college students have the tables turned in their favor. Yes, I plan on doing this college marketing job until 2069 (I’ll be 90 then :-) Text or call me during office hours 11:11am or 11:11pm PST +/-11 minutes on my cell: 650-283-8008.

Larry Chiang is the founder of Duck9 , which educates college students on how to establish and maintain a FICO score over 750. He is a frequent contributor to BusinessWeek. His earlier posts on GigaOm include: How to Work The Room ; 8 Tips On How to Get Mentored ; and 9 VCs You’re Gonna Want To Avoid . You can read more equally funny, but non-founder-focused-lessons on Larry’s Amazon blog .

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