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My passion has always been in building productivity apps for consumers and small businesses. The productivity space is a tough one though with thousands of applications but very few breakout success stories. While many apps promise significant improvements in productivity, they often still fail to gain any meaningful traction.
At the same time certain applications do succeed and I’ve tried to discern what sets these applications apart from the numerous failures. I’ve concluded that for productivity applications, success comes down to the following value equation: the productivity gain from using the app must exceed the cost of the constraints imposed by it.
In just the last few years I’ve moved much of my financial management to next generation software solutions that greatly simplify my life. I wanted to share how Mint, Personal Capital, and Wealthfront have each become important parts of my financial management strategy.
Yet with this new world has come new challenges. Specifically, finding the information most relevant to you right now has become a real struggle with the explosion of availability of content. When you look across the web today at the most successful properties, they can often be looked at as productivity tools helping us to increase the signal-to-noise ratio to make sense of our new information overload challenges. These services help us to filter and discover the content that is most relevant to us right now.
Given that this is still an emerging space, there are a variety of tactics that are being used across these services to increase the signal to noise ratio. I thought I'd take a moment to discuss ten trending tactics that these services are leveraging so that you can bring them to your own applications. I expect to see us refine our best practices across each of these tactics as well as see new ones emerge as we continue to understand how to handle this explosion of content that empowers the Internet today.
I remember as a kid being very excited about the future. One concept that was extremely enticing was the coming age of robots. I was assured that they were only around the corner by my favorite cartoon at the time, The Jetsons, and their robot Rosie. I knew in the future I would want my very own robot to take care of the laundry, vacuum the house, and cook all my meals.
Fast forward to today and unfortunately the closest thing we have to commercialized personal robots is the iRobot Roomba that can vacuum your carpets. That's sadly about it.
Yet the underlying beauty of having a personal robot, something that was always taking care of things for you while you were busy with the rest of your life, has found it's way into many interesting software solutions.
Yet the economic recession that we are in the middle of poses new challenges. While it hit in the financial and real estate sectors first, it is undeniable that it will have a lasting effect on all sectors of our global economy.