On the future of education

Posted by DanReich in Education. 1 Comment

28th April

It will be very different in 10 years.  It is very different now.

Pretty soon those backpacks carrying 100 lbs worth of textbooks will be replaced by one, 10.2 oz Amazon Kindle or even your iPod.

From Gizmodo:

iTunes U will be teaming up with universities and other education establishments to offer a free hosting service for educators.

As information continues to become more widespread and readily accessible, the question becomes, what value does a physical university really have?

If I can get the same education for free either on the Internet or through other distributed devices, why do I really need to be in a classroom, or furthermore, why do I even need to be in a University?

Students can take courses online and learn what they need to learn with companies like Phoenix, Kaplan, BigThink, Academic Earth and even YouTube (Dear Ambassadors and Respected … Read More »


HOW TO: Use twitter to help your organization

Posted by DanReich in Digital Media, How To:. 2 comments

26th April

Image via CrunchBase

People have recently asked me:

“How can I use Twitter to help my organization? I know I need to be on there, but how do I use it? What do I do?”

Answer (3-parts):

Define your organization’s objective
Establish your voice
Build an audience

DEFINE YOUR ORGANIZATION’S OBJECTIVE:

Before you do anything, you first need to define what it is exactly you are trying to accomplish. Are you selling something? A product or service? Are you recruiting or building a team? Are you entertaining for the sake of amusement? Are you informing and educating on a specific topic? Is it a mix or variation of the previously mentioned?

Once you figure out what your ultimate goal is, you can than establish a voice within twitter (or any social networking or media property for that matter) in order to communicate your goals.

ESTABLISH YOUR VOICE:

Now that you have … Read More »


Will I-Banking bonuses ever be the same?

Posted by DanReich in Business & Finance. 1 Comment

19th April

About a month or so ago I had a conversation with a VP from Goldman Sachs. We talked about work hours versus compensation in the investment banking world. We also talked about how he was seriously considering leaving the banking world to pursue an entrepreneurial endeavor. The conversation could pretty much be summed up by this graph:

Until recently, many undergrad and graduate students had one career and one purpose in mind: Work for an investment bank – make a ton of money (most of which came from big bonuses).

Today, those huge bonuses are gone yet some people are sticking around these jobs thinking that one day the tide will turn and the bonuses will be back. Part of me believes this is true, that history repeats itself, and one day big paydays will be back (it’s only a matter of … Read More »


“F-U” Style Marketing

Posted by DanReich in Marketing. 1 Comment

14th April

Things are getting tough, especially in the marketing world.

Marketers have to go way beyond conventional wisdom to drive results for their clients or personal business.

One, definitely not so new style, is what I like to think of as “F-U” Style Marketing. A style where one marketer or company completely bashes another.

I recently turned on a new NYC FM radio station 92.3 NOW FM, and about every 10 minutes I hear them bashing their competing station Z-100:

“If you listen to Z-100, you hate the Easter bunny”

“Commercial free because we don’t have to pay for Elvis Duran’s (the radio MC) hair gel”

There were some other somewhat cheesy bash-lines they had and can’t remember, but you get the point.

Are things so tough that people have to resort to dirty, guerrilla style marketing tactics? Is this just a good tactic to use anyway? I … Read More »


HOW TO: Streaming on demand music in your car

Posted by DanReich in How To:, Music. 1 Comment

9th April

Image by K. Todd Storch via Flickr

Forget pricey satellite radio, the crappy commercial filled FM radio, massive amounts of CDs, or your stale and unupdated iPod…

Here is how you can get free on demand music in your car:

Take out your phone and download the mobile version of Pandora or Slacker radio (they are both free)
Buy a cassette adapter for CDs or MP3 players
Buy a car charger for your phone
Connect the car charger and the cassette adapter to your phone
Go to your Pandora or Slacker application and press play

Hands-free Bonus Feature:  When people call you just put them on speaker phone. Your friends will sound like radio jockeys.

Related articles by Zemanta

The complete guide to listening to music on your BlackBerry (bbgeeks.com)
News: Slacker releases Radio app for iPhone, iPod touch (ilounge.com)


Become Rich: Made in China. As Seen on TV.

Posted by DanReich in Business & Finance, Free Ideas. 5 comments

6th April

Image via Wikipedia

We’ve all had these moments:

“Hey, Wouldn’t it be cool if we made….”

“I’ve got a really great idea. We should make…”

“Dude, This is genius. We are going to make….”

If you’ve recently had one of those light bulb, Velcro, post-it note, window in envelope idea moments, now is the time to make it and sell it.

Here’s how:

MADE IN CHINA – Go create an account at alibaba.com and find a Chinese manufacturer that can make your “whatever it is” idea for cheap.
INFOMERCIALS – Take your product to TV using infomercials.

With the economy still somewhat in free fall, advertisers are cutting back on marketing budgets especially in mediums like print and television. Networks are having hard times filling premium commercial slots with premium commercials, so instead, they turn to infomercials which are mostly direct response advertisements.

From CNN Money:

McAlister and other direct marketers … Read More »


3 Pillars for College Admissions

Posted by DanReich in Education, Think. 3 comments

3rd April

There are three key components admissions officers look at when reviewing students’ college applications:

Standardized Test Scores
Grades
Subjective Qualities

Today, most large universities are faced with the challenge of reviewing thousands of applications in a way that equally addresses all three pillars of admissions.

But, can they really pay equal attention to all three? Should they?

Consider how subjective or objective each category is.

Standardized Test Scores – Very black and white. Every student takes the same test. 100% objective
Grades – Not so black and white. Students go to different schools, have different teachers, different text books. 50% objective, 50% subjective.
Subjective Qualities – Extra curricular, essays, volunteering, leadership, etc. 100% subjective.

In a world that is losing economic and industrial boundaries (the world really is flat), people with “smarts”, high IQs, and academic mind sets are becoming commoditized. Look no further than India to see how bright … Read More »