How To Do Open Core Well | 6 Recommendations

How To Do Open Core Well | 6 Recommendations

Open Core is an open source business model that has been growing in popularity in recent years. In Open Core there is (1) an open source project, and (2) one or more commercial products that sit on top of or extend that project.

Open Core provides the benefits of building and delivering open source, while also being able to create products and services that generate revenue for the company. The theory being, they can then continue to invest in the project, creating value for everyone: open source users and customer alike.

Sounds logical, right? Well, many businesses, including GitLab, Mattermost, Hashicorp, and others are indeed using the model successfully.

Here’s the rub though: Open Core has been a rather controversial model for some folks in our broader community. I don’t think though that this because the model is fundamentally flawed, it is because many businesses are simply not doing it right.

Why?

Because Open Core is not a technology problem, it is a culture problem.

The best Open Core businesses have been able bridge and connect together the very different cultures of open source and business, and companies such as GitLab and Hashicorp are great examples of this.

OK, then, how do you do this?

Well, I created a video that digs into this in detail. In it I cover the six core areas businesses who are using an Open Core model should focus on:

  1. Does the market and industry want your project and products? (remember, Open Source won’t save a subpar product)
  2. Who are your target audience?
  3. Do you have open, accessible, project infrastructure?
  4. What is the relationship between the community and the company?
  5. Are you building strong, dependable trust and relationships?
  6. Do you have open, accessible, inclusive leadership?

With each area I dig into a series of practical recommendations that I have learned from working with a broad range of open source and Open Core organizations for how to do this well. There is an enormous amount of nuance in this topic, and I tried to unpack as much of this as I could in this video in very practical and applicable terms.

Here is the video:

I would love to hear your thoughts: be sure to share them in the comments on the video!

Bitesize: Jen Wike Huger and Jason Hibbets from opensource.com on Data and Analytics

Bitesize: Jen Wike Huger and Jason Hibbets from opensource.com on Data and Analytics

Jen Wike Huger and Jason Hibbets from opensource.com explains how they review their data and analytics to see how things are performing.

Listen to the full episode here.

Communities are changing the way we do business. Discover a concrete framework for building powerful, productive communities and integrating them into your business. My new book, ‘People Powered: How communities can supercharge your business, brand, and teams’, is out now, available in Audible, Hardcover, and Kindle formats. Be sure to check it out!

David Siegel, CEO of Meetup, on the Future of Events and Communities

David Siegel, CEO of Meetup, on the Future of Events and Communities

Unless you have been living under a rock, you are probably familiar with Meetup. They have become the epicenter of how people organize local and online gatherings and have become a fixture for many people and organizations.

David Siegel, CEO of Meetup, comes on Conversations With Bacon to dig into a broad range of topics. We discuss how the company has changed, where the future of communities is, the impact of COVID-19 on getting people together, his approach to leadership and growth, and much more.

This is a really fun and engaging conversation, in large part due to David’s authenticity and openness. There is no carefully crafted PR speak here: this is a genuine, frank, and open conversation, which makes for really compelling listening…and learning.

Communities are changing the way we do business. Discover a concrete framework for building powerful, productive communities and integrating them into your business. My new book, ‘People Powered: How communities can supercharge your business, brand, and teams’, is out now, available in Audible, Hardcover, and Kindle formats. Be sure to check it out, and grab the People Powered Plus pack with free templates, bonus content, and over $2000 of special offers.

Thank you to Marius Quabeck and NerdZoom Media for mixing the show!

Bitesize: Jason Warner from GitHub gives his recommendations for getting started in the tech industry

Bitesize: Jason Warner from GitHub gives his recommendations for getting started in the tech industry

Jason Warner, CTO of GitHub, talks about how he would recommend to get started in the tech industry.

Listen to the full episode here.

Communities are changing the way we do business. Discover a concrete framework for building powerful, productive communities and integrating them into your business. My new book, ‘People Powered: How communities can supercharge your business, brand, and teams’, is out now, available in Audible, Hardcover, and Kindle formats. Be sure to check it out!

Miller Abel from The Gates Foundation on Building Financial Inclusion With Technology

Miller Abel from The Gates Foundation on Building Financial Inclusion With Technology

Millions of people around the world have limited access to reliable, secure financial tools. This creates a vicious circle that keeps many people in poverty when they are faced with limitations in how they store, transfer, and send money. Unfortunately, this also disproportionately impacts women and can dramatically impact the ability for regional innovation and building businesses.

To help resolve this, The Bill and Melinda Gates Foundation have been investing in building a series of projects to make financial inclusion a reality. One such project is Mojaloop, an Open Source platform for enabling secure and dependable financial transactions.

I am thrilled to bring Miller Abel, Deputy Director and Principal Technologist at the Bill & Melinda Gates Foundation on to Conversations With Bacon to talk about their approach to cracking the challenge of building financial inclusion. Miller has been fundamentally involved in the architecture, funding, and development of Mojaloop, and he shares the fascinating story of how they understood and delivered a pragmatic platform to make a difference.

Communities are changing the way we do business. Discover a concrete framework for building powerful, productive communities and integrating them into your business. My new book, ‘People Powered: How communities can supercharge your business, brand, and teams’, is out now, available in Audible, Hardcover, and Kindle formats. Be sure to check it out!

Bitesize: Todd Lewis from All Things Open on why they became a Certified B Corporation

Bitesize: Todd Lewis from All Things Open on why they became a Certified B Corporation

Todd Lewis, founder of All Things Open talks about how important it was to them to become a B Corp, primarily to set an example of standards of practice that they and other people can live by.

Listen to the full episode here.

Communities are changing the way we do business. Discover a concrete framework for building powerful, productive communities and integrating them into your business. My new book, ‘People Powered: How communities can supercharge your business, brand, and teams’, is out now, available in Audible, Hardcover, and Kindle formats. Be sure to check it out!

Bitesize: Kate Drane from Techstars talks about the importance of global support for startups

Bitesize: Kate Drane from Techstars talks about the importance of global support for startups

Kate Drane from Techstars shares the startup accelerator program – Techstars For Life.

Listen to the full episode here.

Communities are changing the way we do business. Discover a concrete framework for building powerful, productive communities and integrating them into your business. My new book, ‘People Powered: How communities can supercharge your business, brand, and teams’, is out now, available in Audible, Hardcover, and Kindle formats. Be sure to check it out!

David Finkel on Work/Life Balance and Staying Focused

David Finkel on Work/Life Balance and Staying Focused

Work/Life Balance. How is yours? Good? Decent? Middling?

Let’s be honest, most of us suck at it. Well, David Finkel doesn’t.

David is a Wall Street Journal bestselling author of 11 books and CEO of Maui Mastermind. His new book,  The Freedom Formula: How to Succeed in Business Without Sacrificing Your Family, Health, or Life is all about striking this Work/Life balance right, and I thought he would be a great guest to come onto the podcast.

Oh, and he was. I love guests like David, who take an insightful approach to their work, but based on a foundation of honest, frank work. My BS radar didn’t go off at all with this one.

In this episode of Conversations With Bacon, we get into a range of areas, including:

  • Why working longer and harder doesn’t pay off (and what actually does)
  • Why the 80-20 principle doesn’t go far enough (and how to take it to its most productive extreme)
  • How to operationalize the work/life balance
  • How to escape the “time and effort” economy
  • How to structure the day and week to reclaim five or more hours each week in usable blocks
  • What strategies to utilize to recover time and attention from distractions

There is a lot in this for all of you. Definitely give it a listen. Enjoy!

By the way, communities are changing the way we do business. Discover a concrete framework for building powerful, productive communities and integrating them into your business. My new book, ‘People Powered: How communities can supercharge your business, brand, and teams’, is out now, available in Audible, Hardcover, and Kindle formats. Be sure to check it out!

Thanks to my friends at Nerdzoom for editing the show!

Bitesize: Jeff Atwood, Co-Founder of Discourse and StackOverflow, on platform responsibility

Bitesize: Jeff Atwood, Co-Founder of Discourse and StackOverflow, on platform responsibility

Jeff Atwood discusses the tools in Discourse that help keep conversations organized and easily accessible.

Listen to the full episode here.

Communities are changing the way we do business. Discover a concrete framework for building powerful, productive communities and integrating them into your business. My new book, ‘People Powered: How communities can supercharge your business, brand, and teams’, is out now, available in Audible, Hardcover, and Kindle formats. Be sure to check it out!

Bitesize: Angela Brown of The Linux Foundation discusses what contributes to the energy of events

Bitesize: Angela Brown of The Linux Foundation discusses what contributes to the energy of events

Angela Brown of The Linux Foundation discusses what contributes to the energy and the core elements of a great event.

Listen to the full episode here.

Communities are changing the way we do business. Discover a concrete framework for building powerful, productive communities and integrating them into your business. My new book, ‘People Powered: How communities can supercharge your business, brand, and teams’, is out now, available in Audible, Hardcover, and Kindle formats. Be sure to check it out!

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