Showing posts with label internet. Show all posts
Showing posts with label internet. Show all posts

Wits and Wagers: It's who you know, not what you know

Wits and Wagers is more than a great group game—it’s a metaphor for succeeding in life. The essence? It’s not what you know, it’s knowing who knows what.

For success:

  • Know who knows what
  • Reach out to those who know 
  • Share what you know 

First, if you revel in playing games and haven’t yet discovered Wits and Wagers then check it out now on Amazon. Wits and Wagers is a quickly learned, quickly played game for all ages that rewards those who are aware of the knowledge base of their fellow players far more than rewarding those who actually possess their own wealth of trivia.

In short, everyone provides a (numerical) answer for a given question—anything from a date an event occurred to the distance a field goal was kicked. Once all the answers are in, they are arranged from the lowest to the highest value and each player can bet on any answer. The players who bet on the closest answer without going over win the round.

There is no reward for being person who wrote down the closest answer (aside from patting yourself on the back and feeling foolish if you didn't bet on your own answer), only for betting on the answer that is closest. Typically, the most successful players are the ones who know the most about what their competitors know. For instance, does the question involve knowing about Canadian provinces? Well, if you’re aware that one of your players lived in Canada, then odds are her answer may be the best bet. Or if the question is on the number of companies in the Dow Jones, then who follows the ups and downs of the stock market daily? How many black keys on a standard piano? Any chance there’s a bona fide musician in the group? You get the idea.

Even if you’re not a game player, if you can be successful at Wits and Wagers you may well be successful in life. In 2013 there are new medical discoveries, environmental impacts, economical theories, political shifts, athletic achievements, parenting pronouncements, artistic feats daily—need I go on? The sheer quantity of knowledge, not to mention the exponentially greater quantity of data, available in the world today cannot be adequately described numerically.

So what’s the shortcut to possessing that knowledge? Knowing where to find it. Many may say— “hey, that’s the value of Google.” Well while Google certainly strives to return results that have been vetted by the fact they are the results most frequently referred to, it's not always straightforward. The searcher not only needs to know the best words to use in a query, but needs to have awareness of, you guessed it, who knows what. And if you know who knows what, you can more quickly pinpoint your query. You could even actually ask a knowledgeable person directly. I know, that eliminates the safety net of the anonymity of the internet, but you are likely to receive much more personalized responses.

The simple principle of Who Knows What can be applied every day. Have a new medical condition? Why not call the friend you know who was diagnosed with the same condition four years ago. Debating what to wear to on a date? Any chance you have a fashionista friend or a local business you trust with clothing advice? Where should you send your children to camp? How can you develop a communications strategy? Where to start on financial aid forms? How to set a budget, prepare for an interview, make a presentation? Know who knows. Reach out. Share what you know.

On-line Local News Demand Will Grow


I’m a news devotee—I admit it.  I keep the news on the radio while I’m working at home and get push notifications on my iPhone from both AP Mobile and the New York Times to keep up with what is going on around the globe.  I regularly watch NBC Nightly News with Brian Williams, yet I never watch local news on television. 

However, over the past year, I have found myself fascinated by, and at times relying upon, local on-line news.  I often read Patch before I look at the world headlines.
What do I find so compelling? While watching a weather reporter leaning against the wind in a blizzard in the plain states can be entertaining, finding out when my power will be restored after a local blizzard is invaluable.  Knowing how housing sales are improving nationwide helps me gauge the national economy, but seeing local house sales is far more relevant.  Hearing that Spiderman is drawing huge audiences despite its dramatic glitches getting off the ground so to speak, is interesting.  Yet knowing when an author will appear at the local bookstore is pertinent to my personal entertainment schedule.

I don’t know if AOL will be successful with their business model for Patch, but I do know that there is an important need to be filled in providing local, relevant news to individuals on-line. Being able to post our own community announcements is a valuable and low-cost service if there is a critical mass of readers.  Hard to say if critical mass has yet been reached—it depends on your community.  Six million unique Patch readers is not an insignificant number, but it’s not the right number to consider when the value is all local.  How many readers can Patch or any other local news source garner in an individual community?

Regardless of who finds a compelling business model, I hope a local news offering continues.  I can use the global news to help me decide which leaders to vote for, improve my understanding of how unrest in the Mideast will affect the economy and  influence how I can help make the world a better place.  But I will be even more influenced by the local news to let me know when I can talk with my local leaders, point me in the direction of the lowest gas prices in town and give me an outlet to recruit volunteers and supporters for my local causes.