My insightful 13 year old recently noted that being cool is not really important once you leave high school. I was surprised at the maturity of the thought and he was right. The work world values smarts and hard work and results. And for those of us who remember when there was NO internet (I can hear the gasps now), business success was what counted — not being cool. And success meant a few simple things.
1. Your product/ company made sales
2. Your product/ company made profits
3. The product/ company is well received in the marketplace
But then the Internet happened. And some of the most successful businesses out there were started and nurtured by kids for whom being “cool” was still relevant. And here’s the interesting part. Many of these companies, like Facebook, YouTube and Twitter, became big because they gave us new ways to become cool and maintain our cool-dom. This gives cool a new level of influence that could, by sheer association, build a profitable business.
Cool has emerged as the new business requirement. Or has it?
I don’t think so. Mark my words. Kinda like the tulip bust in Amsterdam in the 17th century – I believe that “cool” bubble will burst, especially in the social marketing world. What will ultimately count again, and soon, are the businesses that deliver. Not whether they are just cool.
Paltalk is a potent example of the new type of cool. We have spent 10 years building a really great audio and video chat software product. We have created a business model that is the envy of our rivals in that we are highly profitable. In fact, I wager that we may be the only one in this sector that is profitable.
But experts in the social marketing field sector believe that tech companies can be “made” almost exclusively if they can get the support of the some of newer “cool” bloggers who yield massive influence. Indeed, these veterans caution me, “They won’t talk to Paltalk, it’s not the cool new thing.”
It challenged me and on some level infuriated me. Why would these “cool” influencers not talk to the company who practically started the social networking segment and is making money at it? How much cooler does it get than that!
So I decided to launch my un-cool campaign with these high tech influencers identified by Forbes (see below). It is striking that many of the “cool arbiters” are actually in the 35+ age demo’s. That gives me hope. They will “get” that while spotting the cool new trend is “cool”, nowadays making is as cool as it gets.
Catch the new cool wave. Wish me luck.
PS – FYI … see attached list from Forbes entitled, “Web celeb 25”.
The Web Celeb 25