Workless wealth and working at Steemit for the future

in #steemit6 years ago

Today is Steemit's 2 year Birthday. Happy Birthday!!

Ok, now that we have that out of the way let's get a little serious for a minute. Some people come onto this platform with the idea that it is going to make them wealthy. Don't get me wrong, it may. It is actually the same for everyone getting into cryptocurrency now, it may make you extremely wealthy without having to do much for it but, it also may not. What is your back up plan?

I see many people here complaining about a lack of this, not enough of that and asking where is my support? It is not easy, I am struggling too, we all are in some way. I look at their content however and I think that hey, that is not too bad but then, I look at their comments. I try to see if they are adding anything else other than their content and most are not. Even their content itself is few and far between.

In some ways I wonder how many people have actually tried to start a business in the real world and how easy it was to get started, attract clients, start making an income that was able to support life. It isn't easy, it really, really isn't.

Yes, some people get lucky and do have relatively easy pathways but even then, most of the time looks are deceiving and there is a lot of work that goes on in the background to get there. Steemit is not some get rich scheme where magically everyone who signups suddenly becomes a millionaire but, many hopefully will realise their potentials.

My hope for Steemit in the near future is that is is a place where many people can play and practice their skills and earn a little along the way. Hopefully in the future, that will lead them on to bigger and better things even if it is not connected to Steemit at all.

In the long-term, my hope is that Steemit will inspire many more similar and diversified platforms that will give the majority of people in this world not only an outlet for their creativity but a way to supplement their incomes to lead better lives. I am also hoping that it will pressure the current powers that be into fundamentally changing the way they operate. This requires a great deal of work in the meantime to get to that point however and it requires a great deal of though to try to make it better than now.

For those that are talking about fair, it doesn't exist, drop the concept from thought and start building the skills you need to navigate the challenges of the future. If you are looking for reliability, it is your skillset that will ensure it.

Below is a post from 8 months ago on the concept of Workless Wealth. Some of you may find it interesting.

Again, Happy Birthday Steemit, welcome to the Terrible Twos everyone else. Ready for the tantrums?

Workless wealth

 
Strike it rich, that is what we all want isn't it?

We celebrate and envy people that get rich with apparently little work, even if they actually did a lot of work to get there behind the scenes. Even so, the image of easy money is so attractive that nearly everyone wants a piece.

It has become a goal, to be wealthy without work. Well, that is the idea. A lot of people that have come to Steemit have brought with them this concept in the hope that it is the answer to their prayers. A few random posts and voilá, rich.

The young seem especially attached to this idea that wealth is easy to come by, after all, they spend their lives seeing it. Facebook, Instagram, Twitter, Youtube are filled with people doing very little for a lot. At face value anyway.

The problem is, even if someone works very, very hard to do the same thing, they are out of luck, it has already been done numerous times before. How many wealthy fashion bloggers, travel bloggers, fitness gurus, can the world maintain?

Regardless of skill, how many celebrities can be maintained at all? How many wealthy actors are there and how many actors? I have no answer but I would assume that past B-list, there are many, many more struggling and working multiple jobs. There are many celebrity chefs, but every restaurant has several non-celebrity chefs.

Each success story attracts more attempts and the lower the skill bar to enter, the more attractive it is for the unskilled. And herein lays the real issue.

More and more people are making a play for the dream of workless wealth at the cost of their skill set. This means that there are an increasing number of people with decreasing skills across a variety of areas.

What jobs are available for the failed unskilled? What jobs are available in the future for the unskilled when those jobs are automated?

Many of the people that are looking for workless wealth are likely also those that value material items greatly. What happens when they fail to strike it big because unfortunately for them, there are 3 million people better and more popular at their chosen 'profession'? What happens when life expectations are not only unmet, but crushed with no fall back position?

'Live the dream' philosophy has replaced the 'work for the dream' mentality. Previously, if one wanted something, they understood that they would have to work for it. Today, people think about how they can get it, working for it rarely enters into the scenario.

We live in a world of upwardly spiralling personal debt and downwardly spiralling global financial situations. The material desires are winning. Rather than be disappointed at not becoming wealthy enough to buy all of those things, we are increasingly trying to live the lifestyle on credit.

Cars, houses, holidays, furniture, jewellery, phones, jeans, shoes, drinks, food, candy... on credit.

I always find it interesting that those that seem to sell the idea of workless wealth are also the ones that are benefitting from the growing debt cycle. It is almost like they created a demand for their products, but, no, banks wouldn't actually want that. They are the ones trying to get us out of debt, aren't they?

The worry I have about encouraging people, especially children, to follow their dreams is that their dreams are often to do very little. It doesn't require skills to do very little, that is why sitting on the couch playing an Xbox is so easy to do. Which is lucky, because that is all that many people are going to be skilled enough to do in the future.

People dream of grand designs, having grand things, doing grand things but most do not take the first steps into gaining the skills necessary to do them. They do not research and investigate what are the hurdles, risks, market depth and range or competition. They go in blind and when they meet disappointment, they do not look at their own work or lack thereof.

Workless wealth is likely a fallacy except for the few that get in very early or get lucky along the way. There are others that get wealthy doing lot of work too and some are lucky to just survive on doing what they do. Most however, never make any significant inroads into it at all.

It isn't that I think we shouldn't chase dreams, quite the opposite, we should do all we can to do the things we enjoy. But, if we want a financial return out of it, we better have as much understanding about what we are getting into as possible. That is part of the skill set.

We better also understand that if there are many trying to do the same thing, one has to be highly skilled in it or marketing oneself to be successful.

The thing with obtaining skills, once they are possessed, there are generally no regrets. Plus, one pursuit tends to require several skills and these compound in many unexpected ways and bring much varied opportunity and potential.

Who knows, maybe you are already living a life of workless wealth and you will look at this as nonsense. Good luck to you. But if you are dreaming of doing the same, someone is already doing it so you better do it better at the very least.

Taraz
[ a Steemit original ]

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Thank you for your article. I believe that when we are young, we do want "everything" and feel that you shouldn't have to work that hard to get it. As we grow and mature, we change. I have felt these same ideologies. Now at the age of 58, I am working harder than I ever have before. Material things no longer matter as much to me compared to the quality of life.

Now I focus on living comfortable with my needs satisfied and preparing for my future. I no longer have grandiose ideas of physical wealth. "Wealth" is now measured as to the measure of how I have affected those whose lives I touched and impacted. I joined the Steemit community about 10 months ago. I will admit that I do not put as much effort into it as I could, but am developing a base. No, I realize that I will not get rich from it, but do enjoy it when I get the chance and love to read the posts. If I make a little money, great! It is more than I would make from platforms such as Facebook. Also, I feel that the posts have more quality to them than other platforms.

Now at the age of 58, I am working harder than I ever have before. Material things no longer matter as much to me compared to the quality of life.

I am almost 40 and it is much the same except I do have to provide for my family heavily still (my daughter is under 2).

"Wealth" is now measured as to the measure of how I have affected those whose lives I touched and impacted

If more people looked locally at this area, the world would be a better place globally.

Also, I feel that the posts have more quality to them than other platforms.

Overall, I agree as people who are actually trying to make some financial gain from it put in effort beyond what they would for free. It likely even effects those that don't care about the financial side at all also.

This is really sad; the illusion that you can have so much, doing so little. Even those who do scams, work at it. They are up all day and all night dropping phishing links, chatting and reeling the unwary in, etc. There is no wealth without work. Anyone who says otherwise is a liar and a cheat.

It was such desire that led people to invest their money into movradi's MMM, a ponzi scheme that a lot of people entered readily. Even when they heard that the man who owned it had been arrested previously for ponzi, they didn't care or some even defended him. It backfired and people lost millions.

Work hard, work smart and everything you desire will come to you in due time.

Work hard, work smart and everything you desire will come to you in due time.

Even if it doesn't, you can look in the mirror and be satisfied that you did your best.

My view is that everyone who is a part of STEEM now and puts in some effort will be wealthy. I might be wrong but I see blockchain and cryptocurrency as that powerful. STEEM, being one of the most advanced blockchains should be at the head of the pack.

I agree it is not an overnight process. I really am not a fan of @jerrybanfield and others out there on social media promoting how one can get rich off a post or two. This starts to mislead people and, in my view, causes more harm than good.

That said, the next couple years will see a lot of changes in the world and more will be on blockchain. STEEM will grow a lot bigger which means the price should reflect that. Will it happen in 3 months? It might but not likely. Give it a year or two...

I also agree people need to focus on adding to instead of taking away from. This is the essence of what this is all about. Too many just look at it as what is in it for them. This leads to poor posts, spammy comments, and really little value added.

But I guess that is expected when the promotion is all about money.

I agree it is not an overnight process. I really am not a fan of @jerrybanfield and others out there on social media promoting how one can get rich off a post or two. This starts to mislead people and, in my view, causes more harm than good.

There are many other reasons I am not a fan too ;)

This is the essence of what this is all about. Too many just look at it as what is in it for them. This leads to poor posts, spammy comments, and really little value added.

Without people actually putting in and only extracting, that future of benefit for many is constantly reduced. Just a little long-term thinking would go a long, long way.

But I guess that is expected when the promotion is all about money.

I agree but also there is an issue as once actually on platform, this idea should be obviously seen as false for at least the short-term of the majority yet, how many actually adjust their behaviours for the reality?

There is a long way to go here and a lot of changes, challenges and risks to face and I am hoping that more from the community will take active roles instead of relying on others to fix their broken toys. But, I am harsh like that ;)

There is a long way to go here and a lot of changes, challenges and risks to face and I am hoping that more from the community will take active roles instead of relying on others to fix their broken toys.

At times it baffles me although it does not surprise me that people on here refuse to take responsibility. We do not have to search to far to find someone who is against the system and the Big Brother mentality. The Facebook issue just brings to light how negative and dangerous these centralized entities are.

That said, the second something happens on this blockchain, people are screaming for someone to step in and fix it. What happened to not turning to big brother and hating authority? What about the talks of freedom?

People espouse the idea of freedom of speech until another uses that freedom to say something the first did not like.

Yes there is a long way to go and we all are responsible for carrying ourselves in ways of how we want things to be. I cannot expect others to behave in particular ways if I am not doing it myself. This is how we need to lead...by putting forth the effort to show people how things grow over time.

This is how we need to lead...by putting forth the effort to show people how things grow over time.

Some will fail, some will not but enough have to try.

A very good read, thank you for sharing.

It reminds me quite a lot of exercising for our health. There are many who want to be fit and healthy but everyone's always after a quick fix, it's why diet trends are such a lucrative market these days. People assume that they can put in the minimum amount of work and somehow achieve perfection through good fortune.

Well, it seems as though you're working for your wealth, I look forward to reading your more of your articles in future!

A pill or a diet will (likely) never build the skills that exercise and training will develop. Most just want the appearance of health, as the ability to apply a healthy body takes work, investment and time.

Welcome in :)

Cheers for 2 years, Let's hope they figure this out...

Your post is a harsh reality.
There is no need to sugar coat it...

From a previous post I wrote

Marketers of steemit...

Note this fact of life...

  • Steemit reminds me of my network marketing days...
    • It sounds intriguing to a lot of people...
      • Who will waste a lot of time and effort for zero reward.
    • They will search for and read all kinds of 'this is how to succeed on steemit' articles.
      • but they don't have what it takes to succeed
    • That may sound harsh, but it shouldn't.
      • Those people can still "profit" from this platform
        as it grows and becomes the defacto social network.

This The Likelihood of MLM Success article states...

In the first year of operation, a minimum of 50% of representatives drop-out.
After five years of operation, a minimum of 90% of representatives have left the company.
By year 10, only those at or near the top have not dropped out – making it safe to say at least 95% of representatives have dropped out.

To become the defacto social media platform, steemit needs to

  • focus more on the 95% who will drop out when they realize they likely won't make a dime.
    • yet who will gladly be "customers" if offered the best of the best social networking platform.

To become the defacto social media platform, steemit needs to

  • focus more on the 95% who will drop out when they realize they likely won't make a dime.
  • yet who will gladly be "customers" if offered the best of the best social networking platform.

Indeed. In time it could possible be a core of all the other platforms combined.

Cause people think that it is a quick rich scheme they dropped out. The majors reasons are, according the me,:

  • the poisened gift of a good introduction post. When writen well, it will get upvotes and some value, from there on they do think that every posts will have the same payout but most lickily the next 10 post will have a payout of around 0. Bye bye motivation.
  • to make ik even worse they look at the hot and trending posts and don’t understand why they don’t get so many or big upvotes. Bye bye motivation!
    The ones which are staying do understand that hard work is required. If they are lucky somebody points out to them the force of genuine commenting. That were they start to create a healthy community and to get some SP!

On Steemit everybody has the same changes but you need to work hard to get them. In this aspect the Steem ecosystem is fair!

Thanks for your post. I'm afraid I might be one of those people who puts out their content once in a while, without contributing to the community a lot. I do go to people's articles, leave my comments, have been building relationships I really enjoy. But when it comes to 'contributing to the community', what is it really that you have in mind?

I've seen people put up contests and start new trends, inviting others to join them, or promising some rewards. I've seen people who know a lot about Steemit and all related concepts and who enlighten the larger public on these topics. I've seen people go into lengthy discussions about what is and isn't right about Steemit, what is and isn't the right thing to do here. I didn't get much involved with any of this. I've looked into discord and tried joining some channels, but didn't get very active.

Every time someone posts about 'getting involved in the community', the same thing happens. I start writing a comment like this and then delete it, feeling I should probably do more to find out what 'getting involved' really means. This time I'll just go ahead and comment ;). Would you give some pointers as to what the best ways to get more involved could be? Would be very much appreciated :)

I'm guilty. Perhaps I'm one of those whining. But I'll still hope for the best.

I'm learning as I progress here, and maybe we really need to stop comparing our progress to others. That's the root of envy and eventually complaints.

Cheers for Steemit's second anniv! :)

Somehow I have come to appreciate the difficulty in earning much from Steemit because it will teach people that nothing is free in life. I have invited lots of people here in the last two months that I have been here, sometimes having to pay for account creation for some. But surprisingly less than 10% of the over 50 people do have the stamina to continue here. I think most people have come to believe so much in what you called wordless wealth that even if you offer them raw gold, very few would stand by the fire to refine it. That's what we have come to in today's world.

I remember when I came here few weeks back, I knew I don't have the grace to make lots of post like you do and didn't have the financial strength to buy lots of Steempower, so I focus on the one thing I knew how to do well - engagements through commenting. For the first five weeks I rarely sleep more than four hours in a 24hour period. Something have to be sacrificed, so I sacrificed and am glad I did.

We all know the we are entering into the age of abundance, but how many will be prepared to grab what is offered.

The worry I have about encouraging people, especially children, to follow their dreams is that their dreams are often to do very little.

The communities contribute a lot to this. Most religious institutions preach too much about grace and favour that it will be difficult for believers to believe in the concept of work. I only hope many gets to read this post and maybe give it some thoughts.

Baby just woke up but... very quickly

Most religious institutions preach too much about grace and favour that it will be difficult for believers to believe in the concept of work.

Ever thought why? It puts the idea of receiving grace and favour in others hands and then they say, here, I can grant you access. It is a power play.

I wonder sometimes if a generation of parents forgot to say some important words to their kids, words that were repeated to me over and over.

"Anything worth having in life requires hard work"
"There is no such thing as a free meal"
"Anything worth doing is worth doing right"
"Never start a fight, but if someone starts one with you make sure to win" (ok that doesn't really apply, but think kids need to hear it)
"Life isn't fair, what are you going to do about it"

And so many more simple life facts that were said on a regular basis when I was a kid. Adults across the board were free to impart these lessons on kids helping them understand that their success in life was going to have to be of their own doing.

So if you want success get off your duff and go earn it. There will be plenty of people to help you along the way, but don't expect anything out of anyone. Just be happy with the support you receive.

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