Pinterest is a new social network where you can clip and save images and video from all over the web to one central site and arrange them in Boards.

Pinterest is like Twitter in that people can follow you or one of your boards where they have the same interests or they like the stuff you post.

The coolest thing about Pinterest is that you can get a daily activity rundown on your boards, and they show you who looked at your boards what they liked and what they repinned.

1. Pin Images that are related to your niche or business.  Like Beauty Salon can have a board filled with updos, hairstyles and hair trends.

2.  If you have a blog, like Empower Network or WordPress you can create a great blog and post a great image that is related to your Blog then ping the Image from your Blog with a clickable image that will take the people from pinterest and show the related content.

3.  If you have a sales offer you put that on the blog in the post so that you are showing Pinterest that you are sending people to great content that they can use and they do not block your link from being clickable.  You should have a unique link for each image that you post so that you don’t look like you are spamming.

This will bring you followers on Pinterest that are interested in the images you post and your information and you build value.  You can check out who repinned your images and build a relationship without picking up the phone that it is real and personal and that is always best.

/vanwes/blog/3-best-ways-to-get-traffic-to-your-blog-with-pinterest/

Let Your Haters be Your Motivators

Let Your Haters be Your Motivators

One day I had a thought and I was talking about a dry erase white board but it was repinned 17 times in one hour it was amazing.

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President Obama is proud of his bailout of General Motors. That’s good, because, if he wins a second term, he is probably going to have to bail GM out again. The company is once again losing market share, and it seems unable to develop products that are truly competitive in the U.S. market.

Right now, the federal government owns 500,000,000 shares of GM, or about 26% of the company. It would need to get about $53.00/share for these to break even on the bailout, but the stock closed at only $20.21/share on Tuesday. This left the government holding $10.1 billion worth of stock, and sitting on an unrealized loss of $16.4 billion.

Leadership, Not Another Bailout, Will Fix GM (And No, It Is Not Going Bankrupt) Joann MullerForbes Staff

For GM, Bankruptcy Talk Is Its Own Fault Micheline MaynardContributor

Chicken Little’s Second GM Bankruptcy: The Gold Medal For Silly Op-Ed Pieces Bob LutzContributor

Play That Tax Hike Music, Euro Boy Louis WoodhillContributor

Right now, the government’s GM stock is worth about 39% less than it was on November 17, 2010, when the company went public at $33.00/share. However, during the intervening time, the Dow Jones Industrial Average has risen by almost 20%, so GM shares have lost 49% of their value relative to the Dow.
to read more

http://www.forbes.com/sites/louiswoodhill/2012/08/15/general-motors-is-headed-for-bankruptcy-again/

Why Groupon Is Over and Facebook And Twitter Should Follow

Investors are giving up on Groupon (GRPN) and they’re scrambling for the exits on Facebook (FB) too. Since Twitter is not publicly traded, they can’t get out of that one as quickly.

But social media attracts consumers because of dopamine — and like any drug — those consumers need a bigger dose to get the same effect. Social media’s inability to deliver that is at the root of what makes it hard for it to grow into its lofty valuations. Not only that, but it’s failing to come up with compelling ways to earn a return on spending to turn those consumers into repeat customers.

The list of investors getting out of Groupon shares contains prominent names. They include Andreessen Horowitz, Hedge fund Maverick Capital Ltd., and Fidelity Management & Research Co, according to the Wall Street Journal. Others like Kleiner Perkins Caufield & Byers and Morgan Stanley (MS) are bullish on Groupon, reports the Journal.

Groupon and the whole daily deal business are under pressure because so many participants offer a money-losing proposition to merchants. In June 2011, I wrote that the SEC should spare investors the agony of losing their money when Groupon sold its shares to the public. The SEC did not listen to me (no surprise there); Groupon went public in November 2011, and that day’s Groupon stock buyers are now 82% poorer.

Peter Cohan Contributor

read more here http://www.forbes.com/sites/petercohan/2012/08/20/why-groupon-is-over-and-facebook-and-twitter-should-follow/

In 1994, I ditched corporate America and started a management consulting and venture capital firm (http://petercohan.com). Before that I worked for Harvard Business School professor, Michael Porter’s consulting firm and at two Boston-based financial institutions. I started blogging in 2006 with Aol’s DailyFinance and joined Forbes in April 2011. My 10th book, co-authored with former U.S. Ambassador to Singapore, Frank Lavin — “Export Now: Five Keys to Entering New Markets” — was chosen as one of 2011′s top 10 small business books (http://prn.to/y0CVTQ). I also teach business strategy at Babson College and entrepreneurship at the Olin College of Engineering — both in Wellesley, Mass.

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