RE: A giant sucking sound where cannabis category payouts used to be
I may not know what's up on steemit but I have been an entrepreneur my whole life and do have some knowledge when it comes to running a business - successful and otherwise.
It seems to me you are attempting to build a business out of your blog so the following advice may be valuable to you in some way;
- Most businesses take 1-3 years to become successful, with the majority taking closer to 3 (successful meaning you are able to cover all of your expenses and turn a profit)
- A business is not a job. Starting a business takes enormous investment of time and money and most businesses lose during the start-up period, which can be years
- Although you may have a good business idea, it may need to tweaked in order to have greater appeal to your target group. Remember the saying "the definition of insanity is doing the same thing and expecting different results" (Check out the story of the guy who started Honda Motors for how this directly applies to business)
- Never put all your eggs in one basket when it comes to business or investing
- Train yourself to never be stressed by money, never invest what you aren't willing to lose
- Set clear concise goals in writing with a time-line to achieve them. If success is not apparent, see #3
- Know when to cut your losses
Some things I have noticed about profitable steemit blogs;
- Most accounts are over 2 years old
- Many have a website and blogs outside of steemit
- Pretty much all of them do at least 1 high quality post per day
- Almost all of them are part of at least 1 curation trail
I hope any and all of these help you achieve your goals. It can be very tough to maintain your moral but if it is something you are passionate about don't give up, look at it from a different angle. Sometimes (this has happened to me many times) you realize in running your business that it is something you may not enjoy spending your time on, then it is time to move on.
I like the diagram at the end of the post, I feel the money circle should be omitted from it. If you were to wholeheartedly embrace the rest of the diagram, would passionately fulfilling our purpose create added value and inevitably generate a means for our survival? Just a thought.
Hey jayanarchon. Those look like good tips for someone trying to start a business! However, I'm not trying to start a business on Steemit. I'm trying to generate STEEM (as is everyone else here), but that's not the same as starting a business. Those tips would also be good for, say, a beginning investor. But I'm neither a beginner nor an investor. :)
I'll try and re-summarize what I've been saying in my posts for months/years.
I'm a content-creator. Text, images, video, audio, ideas, books, groups, projects, teams, I create content to further my activism. It helps me get my message out, helps me feel like I have a voice, it furthers my cause. You could think of my content-creation skill as a tool I use, much like a rapper might use his skill with lyricism and flow to further his cause.
I've wielded this tool all over social media for a long time. It has always been separate from my businesses, which tend to focus on things like collectibles. I don't invest. I see that as wasteful and harmful competition between the people, not as something which adds any value to the world. I stack silver as savings, not as an investment. The same goes for cryptos, which I see as currencies, and potentially as savings, but not as investments. When I say "investment" I tend to mean capital. I sunk all my crypto savings into STEEM several months ago, and I'm glad I did. That's my investment. I'm not a trader - I don't attempt to accumulate more of something by moving in and out of it. To me, that's corrupt. I see most typical investors as leeches living off the rest of us who actually produce something. (I've gone over this a million times, but you're new, so I'm catching you up :)
So yes I'm trying to generate STEEM (my goal is 15 per week) but I'm not investing and I'm not running a business.
As for your 4 steps to a profitable page, here's my take:
Yeah, most accounts over 2 years old here are doing well. In other words, most of them are doing well because they got here first. From what I've heard, it used to take a few weeks of clicking and playing around here in order to generate thousands upon thousands of STEEM. New accounts got hundreds of free STEEM. After a while, it got a bit harder to get rich here, and you had to "grind" for several months in order to make it into the club. Now, as far as I can tell, anybody just starting fresh at zero is going to have to wait a LOT longer than 2 years to get rich here.
Do they? I haven't noticed that. But anyway we have that covered.
We're doing 4-5 so got that covered.
I disagree with buying and selling votes here. I find it to be corrupt and unsustainable. Hopefully it isn't truly necessary! Like I said, if Steemit can't find and reward quality content, it will die. That's one of the core Steemit functions (supposedly). If buying and selling votes, ie: rigging the system in one's favour, becomes the only way to succeed, the site is already dead. I sure hope it's still possible without resorting to that.
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I think this is a great spot for my meme:
Just trying to helpful bud, not trying to get into a debate... and BTW any activity with a goal of generating revenue is a business.
"So yes I'm trying to generate STEEM (my goal is 15 per week) but I'm not investing and I'm not running a business."
I guess your definition of investing and business are different from the actual definition of these words, that can explain my confusion - thanks for clarifying.
I also disagree with many of the ways Steem is bought and sold on this platform and I also refuse to participate. I feel the main principles of the platform have been heavily corrupted. I also recognize that the majority of people do not value truth and honesty, so I really don't expect to earn much on this site. I produce quality content because that's what I came here to do. I chose this platform mainly because of the potential to boycott the others, as well as to protect my work from censorship.
What he said. Good advise. Worth a vote.
"I like the diagram at the end of the post, I feel the money circle should be omitted from it. If you were to wholeheartedly embrace the rest of the diagram, would passionately fulfilling our purpose create added value and inevitably generate a means for our survival?"
Sure, you could replace the word 'money' with 'the things money can get us in today's world'. But that wouldn't fit on the pretty pic :)