In the five years that I have been running The Book Report Network, I have
been surprised at the scarcity of women running Internet businesses. Many
times I have been the only woman to come to the table for a meeting. For all
the "equality" of the Internet it's still been one tough road for women to
travel. Being a new medium I assumed that this would be different, but I have
been at many high-level corporate meetings, seminars, and panels where the
numbers of speakers were so skewed male that there actually was criticism
from the audience.
As a result, discovering Carlassare's book was a pleasure. Some of the female
entrepreneurs profiled I know personally; others I have long admired. Eugenie
Diserio from Astronet and Candice Carpenter and Nancy Evans from iVillage
were originally funded by AOL's Greenhouse, just like The Book Report
Network. It's been interesting to track where we all have gone along the way.
The book is well-organized in sections that discuss portal, content, and
community ventures like iVillage, Astronet, and ThirdAge Media; web-based
service ventures like NetCreations and EDGAR Online; e-Commerce ventures like
Della.com and Sparks.com; and e-Business applications and web technology
ventures like Marimba and RightWorks. As the Internet is a global medium,
it's great to see two overseas properties as part of the mix.
For each business, there is a profile that includes the Business Model,
followed by Top Three Lessons Learned and Key Strategic Take-Aways from each
founder. These three sections are chockfull of enough advice to make the book
worth a look. There is nothing in this business like the advice from those in
the trenches. Over the past years so much valuable advice has come from my
peers, as they know the intricacies of building a business where shifts in
strategy happen weekly.
Carlassare has managed to take a very diverse group of businesses and tell a
great story about them. Each chapter is succinct, and they need not be read
in order. After reading the sections of people I know, which proved the
credibility of the book to me, I found myself exploring the others in random
order.
The volatility of the market has taken its toll on many of these businesses,
just as it has on the rest of the dot.com sector. But for having been in the
space, these entrepreneurs have a snapshot of the industry unlike any of
those still hanging on the outside looking in. In fact, a headhunter called a
few weeks ago looking to fill a high-level job and was quick to tell me that
they eagerly would entertain a candidate from a failed dot.com, just for his
or her experience.
The best part of any conference is hearing the heads of companies talk about
what worked --- and what did not. The stories in this book are very upbeat,
and I wish there had been one more section --- "the one big mistake I made"
or "what I would have done differently." Every entrepreneur has a story like
that, and often the best lessons come from those moments.
Carlassare has assembled a terrific appendix of resources, as well as a list
of Net Biz Buzzwords that will ensure that even a casual reader will have a
better take on the medium once they finish the book. While the advice here is
very Internet-related, much of it is applicable to any number of
entrepreneurs out there.
Do note that I quibble with the title of this book --- no definition that I
found of diva defines who these women are. They are not prima donnas --- this
business cannot tolerate an extremely sensitive, vain, or undisciplined
person. If anything, these women are more like cowgirls kicking their boots
through a lot of muck, often trying to tame some pretty wild horses who buck
and toss. Over the years I often have joked that I am going to buy myself a
pair of cowboy boots. This is one tough business that absorbs a founder 24/7,
and every one of these 20 women knows the risks when you take your eye off
the ball. Not one of these women should be taken lightly, and their advice is
not to be dismissed.
--- Reviewed by Carol Fitzgerald