ExtremeOpenBusiness

Actual Google Snapshot

GoogleSnapExtremeOpenBusiness2009-3-5.png

We can use the social Software TrailFire in WikiMode to keep track of the Google search results. Some partner ready to take this awareness role?

fridemar 17:14, 4 March 2009 (PST)

What is ExtremeOpenBusiness?

ExtremeOpenBusiness is a working example of OpenBusiness under general ExtremeProgramming principles. It is a small group focused, dynamic, bold, enterprise which seeks to CreateAndShareWealth, inviting likeminded people to join.

OpenBusiness is business, conducted in an open method in the spirit of open source software, where many layers of the business are open internally to its contributors and externally to the public. ExtremeProgramming is a novel approach to computer programming, bringing back the balance between creative spirit and structured building power.

ExtremeOpenBusiness currently has the focus on SocialDomaining.

We invite you to share our process of wealth creation by contributing the unique strengths you have. You can start right here by involving yourself with this wiki and page.

The Birth of ExtremeOpenBusiness

Factored out to ExtremeOpenBusiness/BirthDocuments, leaving the section title unaltered, to conserve external links to here.

Historical follow-up transactions

Factored out to the subpage ExtremeOpenBusiness/FollowUpTransactions.

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 G CreateAndShareWealth principles, i.e. 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)

Can ExtremeOpenBusiness CreateShareWealth

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 Wiki:JustDoIt, combined with a 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 Fridemar: The needed skills can be fast acquired by XOB, because we are in a maximal stimulating learning environment, where real processes take place, which according to learning psychology score highest in retention rate. Besides that, the SocialDomaining communities such as NamePros.com are full of practical experience and "wisdom of the crowds". fridemar 14:39, 23 June 2008 (PDT)

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)

BiLinks

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

Aaron, ok, let's drop it into the archive. The reason was, to make the following things aware:

From Meatball to Aboutus

The migration process is factored out to FromMeatballToAboutus.

Using Trailfire annotation

Fridemar: Aaron, I just found your trail mark on this page, but I could not add another node to it (only a comment). So I suppose, you didn't opt for the wiki-share option. When trying it, I got the following error message [[1]] On the other hand there is already a WikiTrail, called ExtremeOpenBusiness. Where-ever you are on a page that invites xob comments, then is is very convenient to click on the add mark button, put into the title "ExtremeOpenBusiness" and make your mark as usual. All the linking into the ring of annotations is made automatically by TrailFire then. fridemar 17:04, 25 June 2008 (PDT) PS.: Meanwhile I detected, that you already use the WikiTrail OpenBusiness. So we can delete this meta-information or let it remain for other people, new to trailfire.

I had a look and indeed the share was not open. The default is to share public viewing but not editing. I have fixed that now so that all Trailfire users can add new marks. We could condense it into a kind of how to use Trailfire or how to use annotations. Aaron Poeze 18:28, 25 June 2008 (PDT)

Factoring out person-related XOB activities

For factoring out XOB activities, that are person related, such that the XOB concept scales for many transactions and people, I created a pre-template, for your approval/modification etc. at [Aaron_Poeze/ExtremeOpenBusiness] for book-keeping our transactions.

If you have some modifications you want to be incorporated in my pre-template, please feel free to copy yours on mine, with renamed "Aaron_Poeze" to "FridemarPache" entries.

fridemar 17:04, 25 June 2008 (PDT)

Using EditGrid

Factored out to subpage ExtremeOpenBusiness/EditGrid EditGrid

DiiGo.com Group

Participants are welcome in [Diigo:ExtremeOpenBusiness]

Paying the other half of the costs of the domains

fridemar 04:44, 15 June 2009 (PDT): Hi Aaron, may I give you my account id on Name.com, such that you transfer for free your ExtremeOpenBusiness.* domains to my account. I pay for another year, such that when we sell the domains, we share the costs and gains 50:50.

OpenMails

Here we ask/invite important Persons, Companies, Organizations, who (probably) appreciate the open dialogue with Web 2.0 aware community initiatives (such as ours). ExtremeOpenBusiness/OpenMails

BiLinks



Retrieved from "http://aboutus.com/index.php?title=ExtremeOpenBusiness&oldid=19094473"