Value Incoming!
I attended a digital business conference last week in London. Here are five nuggets of information from it...
1) Always think, what can I do for my audience as opposed to what can they do for me...
2) Make wealth appropriate for the time you live in. For example it used to be all about making money from owning farming land in the 1700's. Then in the industrial revolution it was all about machinery. And now most of today's money can be made digitally!
3) You can make money with no stock these days.
UBER OWN NO CARS!
BOOKING.COM OWN NO HOTELS
AIR BNB OWN NO PROPERTY
EBAY AND AMAZON SELL OTHER PEOPLE'S STOCK! ETC ETC
4) Paid social media advertising is one of the best tools in the history of business for marketing in terms of its value for money, scale of reach and efficiency.
5) This one was the best quote. "People spend their whole life grinding away as a lawyer, accountant or a doctor. Hating most of it. They then force and encourage their children to do the same. It's a nasty cycle which is why you should always follow your heart.
I also got to see Gary Veynerchuck live which was brilliant!
Over and out.
Recent Comments
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Interesting information about how the majority of today's money is made digitally. The quote about people spending their entire
lives grinding away at jobs that pay well but may not be fulfilling. I wholeheartedly agree, and aren't we lucky that WA teaches us how to get out of that rut?! Thank you!
Great learning for you - Yes the online world is our oyster as the old adage goes
All the best
Vicki
Number 5, is such a classic Andrew, and so true in most cases, good job we are living in this digital age the opportunities are expanding by the day.
Thanks for sharing, getting to see Gary Vernerchuck top of the range.