ExtremeOpenBusiness
Contents
- 1 The Birth of ExtremeOpenBusiness
- 2 Domain Grab
- 3 CreateConnectCollaborate as Another Example of XOB
- 4 SocialDomaining as ExtremeOpenBusiness
- 5 Early Financial Considerations
- 6 Open Negotiating Funds Transfer methods
- 7 First Attracted Unprompted Visitor Without RealName
- 8 From Meatball to Aboutus
- 9 BiLinks
The Birth of ExtremeOpenBusiness
The birth of ExtremeOpenBusiness occurred in Meatball:ExtremeOpenBusiness.
ExtremeOpenBusiness was first suggested by Fridemar Pache in the context of OpenBusiness discussions with Aaron Poeze. It was proposed as a kind of interactive reality show. ExtremeOpenBusiness merges and extends G OpenBusiness with G ExtremeProgramming concepts and even self-applies these ideas on its own development.
Google is given the credit to have noticed this idea in statu nascendi within minutes from the ShortDigest in the MeatballWiki.
Domain Grab
Fridemar acted driven by BeBold and EmbraceChange to purchase the ExtremeOpenBusiness.com domain which is a natural self-application of XP, insofar as it creates the initial context for a Wiki:UserStory in the framework of SocialDomaining.
Lesson Learned
But he was not bold enough ... as you can see from the next screenshot..
Seconds later, when Fridemar wanted to buy the other domains, they were already taken by some unknown. His plan was to share the small initial investment with all active RealName community members that are interested in joining the ExtremeOpenBusiness.com initiative.
Next time, when a new idea for G LiterateMarketing or even G LiterateDomainMarketing is born, buy a bunch of related DomainNames for sharing the investment and later the gain in the community. fridemar 17:24, 20 June 2008 (PDT)
Offering ExtremeOpenBusiness.Com
As the first interaction of CreatingAndSharingWealth for ExtremeOpenBusiness Fridemar made his generous offer.
Fridemar: Aaron, as my thank you to you and the appreciation for your collaboration on ExtremeOpenBusiness, I offer you half of the gain of the (some minutes ago) bought domain ExtremeOpenBusiness.com, if you pay me half of the initial price = 3 US$.
If you accept the offer, we both can subdivide our owned parts with prospective active partners for an increased offer price. In case you have partners and the domain is resold, then you get half of the gain and the responsibility to pay your partners.
The same holds for my partners on my part.
As soon as possible the bought domain-name will point to this page, or a bilinked one. fridemar 09:18, 20 June 2008 (PDT) PS.: The current TimeStamp comes from reworking this page in Aboutus.So the real time stamp, must recovered by historic research.
Aaron: I accept your offer. Now we need to figure out this transfer. The hard part would be picking the good ones. The other domains are now available. OpenBusiness domains are all taken what a shame. Aaron Poeze 09:59, 20 June 2008 (PDT)
Fridemar: Thank you Aaron for sharing work, insights, investment and gain. What do you recommend as funds transfer method? fridemar 09:18, 20 June 2008 (PDT)
Offering ExtremeOpenBusiness.Org
Aaron: To facilitate a stronger coverage of ExtremeOpenBusiness I have taken the liberty to purchase the domain [extremeopenbusiness.org ExtremeOpenBusiness.org] where hopefully my effort to forward the domain to this location has been successful. I offer this is the same spirit as Fridemar where I offer Fridemar the option to have one half of the gain of this domain for one half the change of $US7.99 which is $US4.00. I am also willing to share this domain out in a similar manner to extremeopenbusiness.com with the same kind of responsibilities and benefits. I took two screenshots and will discover how to make them available. I need to crop and convert formats and host them, likely on AboutUs.
I am currently paying attention to this XP website and seeing what I can learn from it. Aaron Poeze 09:59, 20 June 2008 (PDT)
Fridemar: Aaron, I accept your offer, making our relation, even more symmetrical. fridemar 09:37, 20 June 2008 (PDT)
CreateConnectCollaborate as Another Example of XOB
Fridemar: Now another realworld example: Whoever wanted to buy CreateConnectCollaborate.com could have done it directly from the start via CreateConnectCollaborate, sharing the investment, work, insights and gain. As nobody had taken the opportunity, I applied the XP principles ConstantTesting and EmbraceChange (I had a better idea on the go) and now offer it for a higher price and an expected sharing pledge at AboutusOrg:CreateConnectCollaborate
Interestingly enough, I offered this domain in response to AboutusOrg:WhoWeAre in an IRC chat to the Aboutus staff there and was honored with a page created by MarkDilley, called AboutusOrg:CreateConnectCollaborate . Here I applied the XP principle, Courage as reflected in the core-value AboutusOrg:BeBold. fridemar 09:18, 20 June 2008 (PDT)
SocialDomaining as ExtremeOpenBusiness
The rapid purchase of the ExtremeOpenBusiness domains and the following social sharing actions were a natural application of CreateAndShareWealth principles means SocialDomaining was already integral to the business.
Synergies
To practise SocialDomaining as ExtremeOpenBusiness has the advantage of rooting the trade in the community, where such values are in high esteem, possibly getting the best work power to make the deal a success.
This example (to be elaborated) shows the countless synergies, that can be produced by integrating the economic part of real life into a wiki.
As a good intro to the principles of XP, take Wiki:ExtremeProgramming or the first hit of Google:ExtremeProgramming for easy reference. (There are millions of hits). -- FridemarPache
Concerns
Aaron: Then we are agreed on the ExtremeOpenBusiness.org domain. Yes small transactions and fees do not work well together. Much points to SocialDomaining being your preferred kind of OpenBusiness, at least at the present. The selection of NamePros.com as a suitable medium for our transaction balancing is an example. It is time for my concerns to be aired and the positive context you are reaching for be made clear not just to me but others that may be interested in involvement.
Domain trading seems much like stock market speculation. Both are very present moment intense and are about conceptual belief in value in competition with other traders. In short it is often a game of winners and losers and has no positive net effect. In the context of ExtremeOpenBusiness I believe it's imperative the business conducted (here we are talking about domain purchase, sharing and resale) is one of CreateAndShareWealth. To me this means a net positive effect is found, in particular for the OpenBusiness participants, but also the wider society. -- Aaron
Fridemar: Aaron, I understand your concerns and I am happy, that you bring it on the table. As answer I wrote a page on AboutusOrg on Wealth in the context of Wiki:CreateAndShareWealth to make the intention and consequences clear. fridemar 09:58, 20 June 2008 (PDT)
Aaron: The extension of this basic concern is my inability to see how this domain trading will CreateAndShareWealth. It's my understanding that the real worth and value of specific domains relates to their expected or actual use. It is for this reason I have become involved with the ExtremeOpenBusiness domains. The core here is my belief domains are connected much like titles or perhaps real estate where the real value is the person who holds the title or the land that the real estate is trading in. Not the titles or real estate itself. -- Aaron
Fridemar: The motivation for me is to explore together the background of the numerous ads, in the Domaining business, which read like this: "I make 5000 US$ with domain trades per week, and you? Buy my ebook xyz for xx dollars, and I share all the secrets with you".
On the other hand the domaining communities are full of tips and tricks. Probably the source of the mentioned ebooks stem from there, the "wisdom of the crowd".
So the interesting part of domaining appears to be more the public tracking of domain marketing (,real trades, how they occur and what money flows from A to B) than the tips and tricks, that are mostly sound horses's sense.
My hypothesis is: people pay money for these ebooks, because they are curious to know, what is behind the scenes.
A special bank account with open view on a pay per view (PPV) would give lowcost marketing research samples and an additional income for the courageous pioneers, who play with open cards, offering additionally a(n) Wiki:OpenInvitationForParticipation.
So it is one of the goals to create such a bank, lets call them WikiBank, because the simulation of the use-cases can be made indeed in Wikis like AboutusOrg, together with Google Spreadsheets (as I do it currently: link comes later).
In the time before such transparent bank accounts the simulation of the involved processes take the role of the PPV solution. As a compromise the simulations can also be made in already existing SocialDomaining communities.
Since they are currently not on a PPV basis and since they are rare, they are attractors, making the selling of domain-names easier.
I am fully aware that getting legal access to financial streams doesn't create wealth straightforward in a more substantial way, but it appears a necessary tool to the free floating CreativeCommons intelligence in wikis and beyond to not get them braindrained away to other places. Think of the "zero-sum-game" of domaining as a catalyst for creating and sharing wealth, as a consequence of empowering more people to act as free intelligence. You could also see it as a bootstrap method. fridemar 09:58, 20 June 2008 (PDT)
Needed Skills
Aaron: The second concern is that I am very short in the skills of such trading practices and domain value estimation and projection. I am excited by the possibilities of OpenBusiness but I am aware that the right skills need to be matched to business practices just as is the case with closed business. -- Aaron
Why SocialDomaining?
Aaron: The last is more an open question. Why is SocialDomaining your preferred kind of OpenBusiness?
I have also read more on the ExtremeProgramming practices and I agree it has some value in the context of ExtremeOpenBusiness. I particularly like it's improved balance of documentation, group sizing and meetings. -- AaronPoeze
Fridemar: You ask "Why Social Domaining as OpenBusiness" or even better Why Social Domaining as ExtremeOpenBusiness.
Social Domaining as we practise it here, is a special case of ExtremeOpenBusiness, where all involved concepts, resources, negotiation is open to the public, even more: it is an OpenInvitationToParticipate, Wiki:OpenInvitationToParticipate The more people collaborate online in the form of ExtremeOpenBusiness, to develop and market their domains, the greater the possibility to prove superiority over the closed business model. fridemar 09:58, 20 June 2008 (PDT)
Early Financial Considerations
The half share sale of the domains meant monies were owed between Fridemar and Aaron for their respective shares. Discussions were made on how best to transfer to small amounts without the fees which would swamp the value of the amount transferred. This is leading to a kind of WikiBank idea and how to best facilitate a social financial system.
Open Negotiating Funds Transfer methods
Aaron: There are many funds transfer methods. Your preferences and suggestions are important here. Perhaps a cheque is better although I am not sure how easy it is to draw a cheque in foreign currency for such small amounts. Many use paypal but I am not fond of the company's practices. However if it is the only reasonable option I will do it.
We could also use a LETS or iou based tool like Ripplepay. This will not do the transfer but will record the amount I owe and the reason for it. -- Aaron
We both agree, that cheques on such small amounts are not the way to go. The cheque, Hans has sent me, is still not cashed out and when it is cashed out, I have to deduct 10 € for processing.
You are right for looking to better alternatives. What about doing it via the community http://NamePros.com. They use an internal currency NP$ for making real-time transactions. And they have an exchange for turning them into real US$ payed out via GoogleCheck . I tested it once and now I have there a public visible positive account. This community is the largest one, doing SocialDomaining. I think they deserve to be considered as a platform for practising SocialDomaining in the spirit of ExtremeOpenBusiness. fridemar 09:37, 20 June 2008 (PDT)
First Attracted Unprompted Visitor Without RealName
Coming from c2 to this page I get the impression that this page has no value whatsoever to me. Bye. -- Wiki:AnonymousDonor
Fridemar: Welcome, dear AnonymousDonor from c2 (I inserted Wiki:AnonymousDonor, to appreciate your contribution here, inviting you to enlighten us about your values): It would be really helpful, to know your RealName, that makes your values transparent as an Wiki:InterestStatement, so that we can balance y/our needs and wants accordingly.
Supposing, that you came from Wiki:ExtremeOpenBusiness, I inserted some (hopefully) additional hints to bridge the worlds of Wiki:ExtremeProgramming and our topic here. fridemar 17:20, 20 June 2008 (PDT)
Fridemar it might be better to drop this section
From Meatball to Aboutus
The migration process is factored out to FromMeatballToAboutus.
BiLinks
- Meatball:ExtremeOpenBusiness
- http://www.aboutus.org/UploadSWFtoBuildCommunity
- Wiki:ExtremeOpenBusiness
- http://ExtremeOpenBusiness.com Yes, the domain just points to this page in front of you, creating another access path to MeatballWiki
- http://ExtremeOpenBusiness.org This domain also points to this page in front of you, creating another access path to MeatballWiki