eat pray love. One woman’s search for everything across Italy, India and Indonesia. Elizabeth Gilbert.2006. ISBN 9780143038412.   My wife suggested I read this book and I am glad she did.  The author has a clear strong voice that makes this book much more than the movie (which became a Julia Roberts vehicle) .  The writing style is excellent.  I especially enjoyed Gilbert’s analysis/discussion of God from an Indian and Indonesian context.  The story of the the cat tied to a tree is hilarious yet tragically true! I have struggled in past to understand the various forms of God worship across so many cultures, yet at the core I sensed much similarity.  Gilbert clears this up but very gently. More than a “chick book” this is actually a very useful point of view.

Related articles

• Elizabeth Gilbert: Eat, Pray, Roll Camera (women.webmd.com)
• Eat Pray Love: consumerism is not empowerment (thefword.org.uk)
• Critics Find Eat Pray Love Very Pretty, Very Superficial [Critical Mass] (jezebel.com)
• “Eat, Pray, Love”‘s Excessive Sartorial Attention (thefrisky.com)
• Bali’s Travel Boom: Eat, Pray, Love Tourism (time.com)

Free. How today’s smartest businesses profit by giving something for nothing. Chris Anderson. 2010. ISBN 9781401310325.  I have had this book awhile and, really kick myself for not reading it sooner.  It is outstanding.  Anderson is able to debunk all the chestnuts out there around free as well as spend the time to give you some history lessons on free.  He also experimented with his own ideas on how to place the product out there for free using various methods he put forward.  Very insightful stuff . I especially appreciated his 10 Rules of Free on pp 241 and the review of the range of conversion rates one can expect from freemium on pp 247.  The key insight for me is his comment ( compressed and paraphrased by me)  that:

Price will fall to the marginal cost (in the digital bits case,  free) unless the provider has a monopoly and/or enjoys the network effect such as Microsoft (Office docs) and Facebook.  This supports a winner takes all effect, driving competitors to  very low numbers.   Facebook can not charge for new members because it has value in the network = linking new people all the time. So they will generate revenue from scale – losing with 99 % of the users and making it from a small % of ad revenue.  ( or perhaps – selling stock!)

I see that  Guy Kawasaki and Tim Ferris both used ideas from Anderson in their recent promotions.  Guy generated more “reputation” currency by offering free downloads of the Macintosh Way to people who “liked” his new book facebook page.  Tim Ferris drove buys of the new 4 Hour Body , by offering a pdf of the 4 Hour Workweek to those who bought the new book.  Tim drove his book to the top of Amazon very quickly = increased sales and reputation.

This is the best treatment of free and freemium out there. If you buy this very readible book, read and digest it. It contains numerous money making ideas. Do not treat it lightly! You can get the audiobook still free at Chris’ website:

• “Ten Rules for Maker Businesses” by Wired & DIY Drone’s Chris Anderson Chris Anderson (adafruit.com)
• Wired Editor Chris Anderson: Here Is How Magazines Should Be Making Money (businessinsider.com)
• Chris Anderson Live in DC at the GrowSmartBiz (socialmedia.biz)
• Chris Anderson: “If You’re Going To Fail, Fail In An Environment Where It’s Impossible To Succeed” (businessinsider.com)
• Guy Kawasaki promotes his latest book by giving away his first one (thenextweb.com)
• Freemium and Freeconomics (avc.com)