Everyone has a list of people they know, but almost nobody treats that list as a product. Larry Chiang’s version of External API applies here too: your rolodex already exists, you don’t need to build a new audience to make it valuable. A rolodex becomes a product the moment you organize it by what each person actually needs and who else on the list can supply it.

That’s not selling your contacts, it’s noticing who in your network already needs an introduction to someone else on the same list. Larry’s Web12 idea is about owning your list instead of renting someone else’s audience, and your rolodex is the original owned list. Before you productize it, know it well: Larry’s PQRST habit of previewing and summarizing applies to people just as much as it applies to a contract.
Karma is the real currency in a rolodex: thank the people who introduced you, and the list keeps growing on its own. The list compounds the way any relationship does, slowly, then all at once, right when you need the exact right person on it.
A rolodex you’ve maintained for years is house money: you’re never negotiating from a cold start because the relationship already has equity in it. The productized version can be as simple as a paid, curated intro list for a specific niche you actually know well.
The failure mode is burning the list by overselling it, which is why the relationships have to come before the monetization. Treat your rolodex like inventory you built slowly and it will outperform any list you could buy.

Details: Watch Larry on owning your list
#Rolodex #Karma #Web12