“The show went on sale at noon on Saturday, December 10th. 12 hours later, we had over 50,000 purchases and had earned $250,000, breaking even on the cost of production and website. As of Today, we’ve sold over 110,000 copies for a total of over $500,000. Minus some money for PayPal charges etc, I have a profit around $200,000 (after taxes $75.58). This is less than I would have been paid by a large company to simply perform the show and let them sell it to you, but they would have charged you about $20 for the video. They would have given you an encrypted and regionally restricted video of limited value, and they would have owned your private information for their own use. They would have withheld international availability indefinitely. This way, you only paid $5, you can use the video any way you want, and you can watch it in Dublin, whatever the city is in Belgium, or Dubai. I got paid nice, and I still own the video (as do you). You never have to join anything, and you never have to hear from us again.
I really hope people keep buying it a lot, so I can have shitloads of money, but at this point I think we can safely say that the experiment really worked.”—
“We wanted to create a simple, elegant LMS that covers 95% of instructors’ needs, like grading, file management, calendaring, submitting assignments, and emailing with the class," says Joseph Cohen, 20, who left Wharton after his sophomore year when he scored $1 million in seed funding this past June to start Coursekit. "Blackboard covers 100%— that’s why it’s such a cluttered platform.”—The Ingenious Business Model Behind Coursekit, A Tumblr For Higher Education
Because there are three of us, we trilaterally decided to go for 15. But it’s not really five each; that becomes complicated, too, but… well, anyway, no matter how you cut it, surely at least one of us hated some of these stories. Also to be fair, this…
“ABC fired its programming chief for green-lighting Lost. Howard Schultz shrugged off the Starbucks worker who first pitched a blended-coffee drink. For most businesspeople, realizing any creative vision—while addressing concerns about scale, tradition, and profitability—is a Herculean task. Here, 10 bold thinkers tell us how they pulled it off (or tried to), and the lessons they learned along the way.”—Meet The Disrupters