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  • André Eidskrem is now friends with Sonu Singhal
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  • In Norway, the economy is highly developed with some state-ownership in strategic areas. Since the start of the industrial era, the Norwegian economy has grown steadily and citizens enjoy a high standard of living and a robust integrated welfare system. Norway's modern manufacturing and welfare system rely on a financial reserve produced by exploitation of natural resources, particularly North Sea oil. According to United Nations data for 2018, Norway together with Luxembourg, and Switzerland ar...
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  •   Karen Floyd reacted to this post about 2 days ago
    André Eidskrem uploaded a new video
    intraHouse and the BEST engineering students were on Spanish TV! Happy to see they presented our newest city.live technology as well! ‏ — at Av. de la Feria, 1, 35012 Las Palmas de Gran Canaria, Las Palmas, Spain feeling great
    intraHouse - intraHouse and BEST Las Palmas appeared on... | Facebook
    intraHouse and BEST Las Palmas appeared on Antena 3 Canarias last week. We are really happy to be part of the Winter Course and we cannot wait to see...
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  •   André Eidskrem reacted to this post about 3 days ago

    PayPal Referral Program  – A Case Study of  Internet’s First Viral Growth Hack Using Referrals

    "There is no blog on the Internet that goes without mentioning the PayPal Referral program when talking about viral growth using referrals.

    I have read most of them. They are informative. However, I couldn’t find an in-depth analysis that could help me plan and execute a referral program.

    S...
    "There is no blog on the Internet that goes without mentioning the PayPal Referral program when talking about viral growth using referrals.

    I have read most of them. They are informative. However, I couldn’t find an in-depth analysis that could help me plan and execute a referral program.

    So, in this post, I dive deep into their campaign to help you understand the inner mechanics of how it became such a successful and viral one.

    “A 10% daily growth rate” to “A $1.5 billion buyout”
    PayPal was one of the first Internet companies to drive viral growth at such a large scale using a referral campaign.

    In fact, Dropbox’s Referral program (probably one of the most famous cases of referral marketing on the Internet) was inspired by the PayPal Referral program according to the founder Drew Houston.

    The unique thing about PayPal Referral Program is that it went viral in an Internet era with no Facebook, Twitter, or Whatsapp!

    Can you imagine doing that today? I know you can and but you shouldn’t! ?

    PayPal Mafia (as the founding team of PayPal is called) realized that getting new customers through advertising is too expensive and deals with large banks are time-consuming and most probably useless as old bankers didn’t understand much about digital payments and tech.

    The team decided that they need organic, viral growth, and the best way to do that was to reward users with money in exchange for referrals.

    So, they created a simple refer-a-friend campaign –

    When you refer someone, you would get $20 and the new person signing up would get $20.

    With this, PayPal started growing exponentially. The growth rate at one point reached 10% daily!

    They skyrocketed from 1 million users in March 2000 to 5 million users by September 2000.

    And then in 2002, it was sold to eBay for a whopping sum of $1.5 billion.

    The referral program played a vital role in such high-velocity growth.

    However, this wouldn’t have been possible if PayPal’s team didn’t understand the psychology of their users.

    It is very important that you ask the following questions before you start planning your referral program — what my users want? how do they think? what motivates them? what do they fear? etc…

    Social risk and two-way rewards in a Referral Program Read More.."
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  • André Eidskrem is now following Sonu Singhal
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  • Grunderuka Helgeland promo video
    Velkommen til Grunderuka!
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  • André Eidskrem created a new group

    Gründeruka Helgeland

    Tema for Gründeruka Helgeland 2020 er Covid-19 og hvordan raske endringer kan føre til innovasjon og nyskapning dersom man tør å være omstillingsdyktig i en verden som stadig er i endring. Alle arrangementene arrangeres digitalt i år og blir streamet.

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  • André Eidskrem created a new event

    Gründeruka Helgeland

    Tema for Gründeruka Helgeland 2020 er Covid-19 og hvordan raske endringer kan føre til innovasjon og nyskapning dersom man tør å være omstillingsdyktig i en verden som stadig er i endring. Alle arrangementene arrangeres digitalt i år og blir streamet.

    19th Oct, 2020 - 23rd Oct, 2020
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  • The Flyy unlocked the badge New Shaper
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  • André Eidskrem liked the page, Mobzway Technologies
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  • Lars Ove Ling is now friends with Frank Godø
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  •   André Eidskrem reacted to this post about 5 months ago
    Andy Mobbs unlocked the badge New Shaper
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  • Lars Ove Ling is now friends with Hege Haslie-Christensen
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  • André Eidskrem is now friends with Sukhvinder Singh Jhotti
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  • André Eidskrem is now following María José Pérez
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  •   Ben Munkres reacted to this post about 9 months ago
    Great memory from Oakland
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  •   André Eidskrem reacted to this post about 9 months ago
      Reposted from Helen Lindsey
    If you dread the thought of going back to work after a break, it may be a good time to reflect on what's really important to you and how well your current job fits with your career, life and personal goals. This is when many people dream of quitting their job, running their own business, and working on their own terms. Entrepreneurship isn't a good fit for everyone however. So, before planning your escape to 'live the dream,' make sure you have the right skills and attributes to thrive an entrep...
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