Tom Meloche discusses the dynamic of starting a new training venture in the age of Facebook.
In this 9 minute segment (download iPod compatible, 48MB), Tom Meloche lays out three components of the training equation: credibility, network effects, and privacy. Tom has positioned his training ventures at the cutting edge of application. In that situation, customers look for you to establish credibility through articles and books and less through formal certification.
Further, referrals play an important role. Tom uses mastery frameworks to establish the knowledge that needs to be acquired through training and then to ensure that the knowledge is actually acquired.
Tom views Facebook as an amplified referral network. Much as Lou Rosenfeld uses blogs to establish focal points for his publications, Tom wants the visibility of people using his training application on Facebook to draw in additional customers. Of course, this approach raises the question of privacy. By default on Facebook, your activities, like installing one of Tom's training applications, are visible in a "newsfeed". However users can set privacy levels to control the visibility. It is unclear how changing privacy patterns will affect Facebook's networking potential.
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