Every entrepreneur should be building a monopoly: Peter Thiel

Paypal cofounder, public intellectual and global tech entrepreneurship leader Peter Thiel is thoughtful in his perspective on economic growth. An interview with him was on our last Technical.ly podcast and an even longer conversation he had on a different podcast was even more enlightening.

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Manage Your Day-To-Day: lessons from this 99U book on productivity

There is an entire industry of creative productivity self-help resources. My friend Sean Blanda gave me ‘Manage Your Day-to-Day,’ one in a portfolio of books from 99U, an effort from Behance, the Adobe division where he works.

It was a quick and energizing read. Buy it for $8.  As I like to do, I wanted to share a few of the directives I most acted on.

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Wilmington, Del. needs to develop its innovation corridor [Op-Ed]

The fate of small, urban satellite cities and the role technology and entrepreneurship communities will have in their future is of interest to me. I recently wrote something about it for the Delaware state newspaper.

After this op-ed in the Wilmington News Journal about the innovation economy, Delaware entrepreneur leader Jon Brilliant encouraged me to write something in response. I did so here for Technical.ly Delaware and contributed a shorter version that was published in the News Journal here.

Today, any U.S. community preparing for the future is fostering a technology and entrepreneurship ecosystem. Delaware is too.

A recent News Journal op-ed on the matter didn’t take into account much of an organic, nascent community that is building toward a bigger impact. There are efforts in Newark, Lewes, Rehoboth and elsewhere, Wilmington, despite its challenges, already has the foundation of an innovation corridor. MORE

Read the rest here

Download an image of the paper version [PDF].

The Path Between the Seas: how the Panama Canal was constructed

mccullough-panama

The classic, National Book Award-winning 1977 historical narrative by David McCullough on the Panama Canal’s construction called the Path Between the Seas was perfect reading material leading into, during and after my 10-day trip to the Central American country.

In large scale projects, preparing to do the work is often more important than doing the work. That was likely the biggest lesson I drew from the book, which chronicled a failed attempt by a consortium of French government and business leaders to build a sea-level canal and then a painful but ultimately successful American attempt that used locks and came at the heels of advancements in understanding how to deal with yellow fever.

I also drastically underestimated the magnitude the Panama Canal represented as an engineering and public health campaign. My previous ignorance to this period of human history is embarrassing.

As I often do when I read a book of relevance to leadership and history, I share my notes here.

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Puritan Boston, Quaker Philadelphia: notes on 1979 research from E. Digby Baltzell

Sociologist E. Digby Baltzell. Photo from Penn Collection. Circa 1970.

Boston was built by Puritans, who celebrated civic power and class authority. Philadelphia was built by Quakers, who championed equality and deference.

Two hundred fifty years later, though considerably fewer people in those cities consider themselves a member of either group, their impact is still chiefly responsible for Boston outperforming and Philadelphia underperforming in their contributions to the greater world.

That’s the chief argument of the dense, heavily-researched, 500-page, 1979 academic classic Puritan Boston and Quaker Philadelphia, written by University of Pennsylvania sociologist E. Digby Baltzell (19151996). The core of the book is said to be based on some 300 interviews with Proper Philadelphians and Brahmin Bostonians, and part of a decades-long research focus that Baltzell had on his Protestant brethren — he has been sometimes credited with popularizing the “WASP” term.

This is a book that is a fabulous read for understanding Philadelphia and Boston, but it is also a treasure for those who love new perspectives on American culture, U.S. history and the development of cities.

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Niche news site membership model perspective brought back to life from 2009

The internet doesn’t forget. So I often stockpile perspective (links) for the future.

In 2009, we at Technically Philly were digging our heels into looking at how diversify revenue for a local community news site. In the end, the largest driver turned out to be events, specifically the annual Philly Tech Week we organize. Before then and after some advertising, jobs board and light underwriting revenue, we toyed with donations, gettingsome prominent support and the requisite pushback.

In all the experimentation back then, I saved some great insight, much of which has been relevant lately. As we move back to a new form of that older conversation, I wanted to share a few takeaways from my reading back in 2009.

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Focus and causality: two lingering lessons from Steve Jobs biography

Two themes run across the dense and well-timed Steve Jobs biography by Walter Isaacson that came out last fall.

The unfaltering focus and dependable insensitivity of Jobs, so, having just finished it myself, I’ve been left trying to find causality: did those two qualities make him a better CEO and Apple a better company?

For focus, I believe it’s unquestionable: make fewer products and make them better. It’s the complete opposite of the market share angle of, say, spaghetti sauces. The second has me more uncertain, particularly when the success of Jobs is seen as motivation to drive employees to the edge.

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Philadelphia Evening Bulletin history: ‘Nearly Everybody Read It,’ a 1998 book from Peter Binzen

The importance, sway and influence of one of the world’s most dominant 20th century newspapers was the focus of the 1998 collection of essays about the once powerful Philadelphia Evening Bulletin, edited by its former education reporter Peter Binzen, who also wrote Whitetown USA.

Dubbed ‘Nearly Everybody Read It,’ a riff off the paper’s legendary slogan, the 163-page book has nearly 20 essays from former Bulletin reporters and editors, including its first female and black correspondents. For 135 years, the family owned paper was a powerhouse among a rich daily newspaper tradition in Philadelphia.

A central story line of the book was the Bulletin’s battle with the Inquirer, its chief rival, and how, in the end, the Inquirer, considered by many to be the chain response to the family-owned operation, won. Through all the bluster, I thought there were four primary reasons that rang most true to me:

  1. The Bulletin fundamentally failed to innovate, remaining an afternoon daily as circulation fell with growing TV news audiences, increasing transportation costs due to traffic and changing news cycles.
  2. The Bulletin failed to develop the revenue to stay competitive, including a premature sale of its nascent TV station, denying alcohol advertising and other funding methods that kept it lagging behind the Knight-Ridder funded Inquirer.
  3. The Bulletin resisted aggressive editorial reconfiguration, following the investigative spirit of the 1970s that soared the reputation of the Inquirer behind editor Gene Roberts, and pushed out its own innovative editor George Packard.
  4. The Bulletin came up short in following the suburban trend, having its 1947 purchase of the Camden Courier Post denied by the U.S. Department of Justice for anti-monopoly concerns was a large blow.

As I often do when reading something relevant to the news and innovation conversations I so adore, I wanted to share some choice thoughts from the book.

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I Know Who You Are and I Saw What You Did: a Social Network Constitution and concerns around privacy

The groundwork of privacy, anonymity and free speech is being set now with evolving jurisprudence and legislation surrounding the concept of social networking.

That is the overarching theme, as I read it, in I Know Who You Are and I Saw What You Did:  Social Networks and the Death of Privacy, a new book from Lori Andrews, law professor at the Illinois Institute of Technology. Ahead of moderating a panel at the National Constitution Center in Philadelphia featuring the author and two other esteemed panelists, I read an advanced copy of book.

Details of Thursday night’s event here.

It’s a book worth reading, dense with stories and examples of the gray line of privacy and the constitutionality of the social web. Below, I share some of my favorites bits.

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Whitetown USA: 1968 book on the ‘silent majority’ of poor urban whites by Peter Binzen

Sitting with Whitetown USA author Peter Binzen and PlanPhilly Editor Matt Golas.

Prideful, working class white ethnic neighborhoods in cities have been ignored and poorly represented for at least a half century, goes a major theme of Peter Binzen’s 1968 Whitetown USA dissection. [Google Books here.]

Written by a former Philadelphia Bulletin newspaper reporter with whom I was thrilled to have lunch last month, the book attacks the principle that whites are a monolithic group of privilege. Binzen, a former education reported, focuses heavily on the school system in the book to tell a tale of why working class and even upwardly mobile middle class whites were opposed to affirmative action and other social welfare programs perceived to help blacks.

The first third of the book features the similarities of Whitetowns from cities across the country: white neighborhoods often with many recent immigrants that are working class, prideful of place, protective, provincial, conservative and often seen as bigoted. The rest dives deepest into Kensington, a decaying industrial corridor then and a decayed shell today, and its adjacent Fishtown, a smaller, more residential neighborhood where I now live.

As I often am eager to do, I wanted to share some of my favorite passages and thoughts from the soft cover copy I tore through:
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