With the rapid change in technology, knowing when to purchase a truly innovative product is becoming increasingly more difficult. This infographic by done Socialcast,looks at how being an early adopter does have its benefits.

See full image below.

I’ve just come across new social timeline site called memolane The site allows you to capture photos, videos, music, tweets, posts, and much more, as well as being able to view and share your entire life online. Would you want to do this?  Well most of us already do.

With so many social and business platforms available today, do we really need another social anchor to hook us into showcasing our lives to the world. Once again I may not be the right person to answer this as I am so many social and business touch points it makes me go stir crazy. That said is there a place for another site to help those that want to show and tell the world what they’re doing whilst creating stories of your best memories together with your friends? The answer I believe is probable yes.You can watch the video introduction here and  sign up here

Memolane – Your time machine for the web from Memolane on Vimeo.

]]> http://www.thinkbigbebigentrepreneurs.com/2011/03/take-a-trip-down-memolane/feed/ 1 http://www.thinkbigbebigentrepreneurs.com/2009/02/are-you-an-early-adopter-of-web-40/ http://www.thinkbigbebigentrepreneurs.com/2009/02/are-you-an-early-adopter-of-web-40/#comments Fri, 20 Feb 2009 10:18:04 +0000 Timothy Bosworth http://www.thinkbigbebigentrepreneurs.com/?p=777

Roland Soong back in 2000 talks about when a technological innovation is introduced, not everyone adopts it at the same moment.  Rather, there will be innovators and there will also be laggards.  Based upon the examination of a large number of studies in innovation diffusion, Rogers proposed a method of adopter categorization.

First, it was observed that the time to adoption follows the bell-shaped Gaussian curve when the frequency histogram is plotted against time.  In turn, this meant that the cumulative number of adopters follows an S-shaped curve (see example).  Rogers suggested that the normal curve be discretized as follows:

1. the first 2.5% of the adopters are the “innovators”
2. the next 13.5% of the adopters are the “early adopters”
3. the next 34% of the adopters are the “early majority”
4. the next 34% of the adopters are the “late majority”
5. the last 16% of the adopters are the “laggards”

To read the full article, click the link on Early Adopters of Technological Innovations.  For more information about what’s going to be big next, why not impress your friends and colleagues by learning about Web4.