Coulton isn’t the only artist who is trying to come up with new ways of cultivating an audience and making a living in a post-label, post-studio, post-publisher world, where big advances and development deals are essentially a thing of the past for emerging talent. For my new book Fans, Friends & Followers, I spoke with thirty filmmakers, musicians, writers and comedians who’ve been developing new strategies for building a fan base that can support the work they want to do. Many of their strategies would be equally effective for businesses trying to generate buzz and attract loyal customers – without an enormous marketing budget.

Coulton, for instance, has discovered that by giving his fans an opportunity to collaborate with him, they’re more likely to feel like active, engaged supporters – more likely to purchase CDs, merchandise, downloads, and concert tickets.

Here are just three of the ways Coulton has invited his followers to get involved with his career, each of which could be applied by many kinds of businesses. …read more at Customer Strategy Tips from an Indie Rocker – Harvard Business Publishing, published 17 April 2009.

Photo credit: Dale May Photography

Author Peter Johnson offers some advice on what to do before you seek investors in this December 2008 video interview with CNN Money.

December 1987 was no time to be raising money for a startup. Computer engineer Len Bosack was trying to attract funding for a young enterprise called Cisco Systems (CSCO). But the stock market had just crashed and the Dow Jones industrial average had plummeted 40% since October. Gun-shy venture capitalists either didn’t get the newfangled technology or deemed it too risky.

Making matters worse, Bosack was running low on the savings he had used to bootstrap the business, and competition was gaining steam. It wasn’t until this 75th meeting that he found a receptive audience. The willing financier was Donald Valentine of Sequoia Capital, a venture capital firm in Silicon Valley. On Dec. 14, two months after Black Monday, Sequoia invested $2.5 million in Cisco. “Valentine’s reasoning was pretty simple,” recalls Bosack, now CEO of telecom gear-maker XKL. “It doesn’t matter what they are. They are selling stuff in a bad market. With a little bit of capital and more experienced help they should be able to do better.”

Better is just what Cisco did. By the time of its initial share sale three years later, in February 1990—during a recession—the maker of telecom networking equipment was worth $224 million. Within a decade, Cisco Systems had become one of the world’s most valuable companies. …more at Startups in a Dowturn | Business Week, published 23 February 2009.

Flickr photo credit: Powru

After 13 years in the Marine Corps, Brian Iglesias was ready to embark on a dream career in filmmaking. Prepared to pay his dues, he worked the phones, sent e-mails, and paid visits. But all he ran into were dead ends. “Not too long ago I was leading over 225 Marines in landslide relief operations in the Philippines,” he says. But “I had to beg people to let me intern. Only my friends were willing to give me work.”

Frustrated, Iglesias decided to start his own company and turned to one of a growing number of programs that help soldiers become entrepreneurs. He enrolled in the intensive 14-month Entrepreneurship Bootcamp for Veterans with Disabilities (Iglesias has a metal plate fused in his neck), offered for free to service-disabled veterans at Syracuse, Florida State, UCLA, Texas A&M, and Purdue. Started by James M. Haynie, an Air Force vet turned business school professor …more at What I Learned in the Trenches – BusinessWeek, published on 10 February 2009.

Flickr photo credit: stroopwafels

If anything’s hot in today’s economy, it’s saving money, including a broad range of green businesses helping people save energy, water and other resources. For those seeking flexible hours and low startup costs, these five green businesses to start at home may be the best way to join the green business wave… more at 5 Green Businesses You Can Start at Home – Home Green Businesses – Entrepreneur.com, published 6 Feb 2009.

Flickr photo credit: Paul Chenoweth

Quitting the day job. Going full-time. Striking out on our own. You’re not going to miss the office for a moment … right?

Chances are, you’ll find yourself looking back wistfully on certain occasions. Here are a few things you might be missing, and how you could replace them as a freelancer…Going Full-Time: Four Things You’ll Miss From the Day Job | Freelance Folder.

Flickr photo credit: Vincent Ma

EMERYVILLE, CALIF. (Fortune Small Business) — Antoine’s Restaurant in New Orleans had never been the subject of a TV commercial, let alone an Internet ad. The 168-year-old business, where third-generation waiters serve gumbo and other Creole delicacies to third-generation customers, had only ever advertised in print and on radio. So last June, the owners decided to drag the restaurant into the 21st century with an ad on YellowPages.com, complete with a promotional video.

That was good news for Brad Inman, owner and founder of the online video production company TurnHere. Based in Emeryville, Calif., TurnHere is fast becoming the first choice for local businesses around the country that want to show off their wares in a quick online movie, but have no idea how to make it look professional. Analysts say spending in this niche is set to explode. By producing videos as fast as it can, TurnHere is already cashing in. …read more at CNN.com. Image credit: TurnHere.com

Winning an entrepreneurship contest is a feather in the cap, but it takes a lot more than that to make a business grow. As the nominees in this year’s BusinessWeek Best Young European Entrepreneurs competition can attest, building a successful startup requires passion, focus, constant work, and sometimes a bit of luck. ..more from BusinessWeek. Photo credit: theresealbrechtson.se

Regardless of how much we like or dislike the requirements of the business side of our work, running an efficient and legitimate business is essential… read more at 16 Business Lessons for Freelancers – DesignM.ag.

Flick photo credit: la sabrita