Crowdsourcing…read all about it!
While in the Austin-Bergstrom International Airport last week I realized I forgot reading material. Printed words on a plane are a must! I soon found myself wandering the little bookstore that every airport has and my eye was caught by a hardcover bearing a title I hold dear to my heart: Crowdsourcing. This momentarily blew my mind; I have never seen a book solely focusing on the subject. Although I feel confident I know the economics and current environment well, I just had to check it out. After I had a little LOL and an OMG, I admit my second thought was a bit arrogant: “I probably have more current knowledge on this trend than this book does” but I quickly caught myself and cracked it open. I thought it would be a healthy review and beneficial to hear another’s dictation of this market-changing force. And so I paid the hearty $26.95…thinking “this better be good.”
I have not yet finished it but have peaked at some of chapters that sounded appealing. The book’s premise is that organizations are learning that some of the best ideas come from the public, not the boardroom. It touches on businesses and various groups who have embraced and gained from crowdsourcing and others who were not so successful (which actually interested me more). Some companies in the former group mentioned were:Google, who awarded cash to individuals who developed contest-winning software for the iPhone;Advertisers, who now rewarding their consumers create their television and print placements; and Threadless, our Chicago friends who started letting web users design their own T-shirts a few years ago.
I couldn’t help but jump to the chapter dedicated to crowdfunding. Sellaband is highlighted, where “believers” financially support bands trying to make it big and Kiva, where people come together to offer loans to other struggling people to start businesses or get out of debt.
I hope next time a book covers crowdsourcing and crowdfunding Cameesa.com gets a mention
I can’t recommend it yet, but if you’re interested in learning more about crowdsourcing, hit up your local book store and check it out.



