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RE: Workless wealth and working at Steemit for the future

in #steemit6 years ago

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.
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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.

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