Are You A Blue Chip Stock?
Strange question right?
If you go to Investopedia and do a search for 'blue chip stock' this is what pops up...
(Source: Investopedia.com)
Fancy definition but let's break that down into simpler terms...
It's highly valued
Looked at as a market leader
Been around for years
Interesting!
Now what does this have to do with anything on Steemit and building your brand online??
This is a parallel I've used for years to describe how one should approach personal branding and building a business.
A blue chip stock is a company that has stood the test of time. It's something people feel comfortable investing their hard earned money into because...It'll be there tomorrow. And the next day and so on...Are you setting up your business or brand to be here in...5 years from now? Longer?
Another trait of blue chip stocks is that it delivers value for stock holders (returns, dividends, etc). So ask yourself...Can you deliver value to your customers and readers every time you press publish or send an email? If that's how you run your business or blog daily, you are on your way for sure...
And finally a blue chip stock is looked at as a market leader...Think about these simple facts, people want to be around others who make them feel good, intrigue them, inspire them, maybe even make them a buck or two and show a deep passion for what they do.
So can you see the parallels?
If we want to be looked at, followed and even upvoted here on Steemit we should strive to become like a blue chip stock. Someone worth following because we deliver value in every post. Our readers and followers should feel good about following us because they know, we will engage with them and communicate with them every day...With the end result being to inspire them and leave a lasting impression!
Ask yourself...Would I follow and engage with....Myself?
And then go through the check list....
Am I delivering high valued content?
Am I driven to become a market leader?
And do I have a game plan to stick around for years and years....Regardless of the price of STEEM?
It's a checklist I go over almost weekly to make sure I'm on the right path because it helps put your readers (aka stock holders) first and that's always a good investment!
Posted from my blog with SteemPress : http://plus1daily.com/are-you-a-blue-chip-stock/
I'm a "High Risk" stock. Capable of extreme growth and becoming a mover in the market, been around for decades, but erratic with periods of performance not concurrent with normal structures. ;)
A good comparison for people to consider. We should all strive to be the best we can in all instances.
Ha ha ha ha ha High risk, high volume!!! Penny stock investing opportunity?
love it.... do I want to be blue chip or high risk.... decisions, decisions, decisions
Hey Jon Great post and I plan to be here in 5 years or longer. I can work with your parallels. This is cost effective for investing as blue chip stocks are expensive.
Posted using Partiko Android
yeah so our goals as content creators here should be to build ourselves up as blue chips :) That was people know our brands stand for value
Exactly
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interesting post for sure, makes one think which I think is what you meant to do.
Thanks man....Yeah it's something that helps me stay the course...And readjust my game plan for the long run!
To me it is slow and steady... the big thing for me is to be consistent! Keeping that is key in any business. If it is sales people give up to early... it takes over 10 contacts to make a sale. So in marketing yourself you have to be seen. Build your reputation! We are slowly building that reputation.
Absolutely man. It takes time and the key is showing up everyday and being consistent.
That's a productive way to see it. As you imply, here in steemit what counts - the audience will notice - is that we stick around no matter the price of steem. I think that during this hard time when crypto market is down, we'll see who really are the ones giving value every single day.
Completely agree! Thanks so much for the comments and yup I think what you said there is bang on....Deliver the value now when the prices are low, and build the readership and followers before the influx of new Steemians.
To the question in your title, my Magic 8-Ball says:
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.
Let's hope steemit is a great stable stock with no risk like blue chip stock. Congratulations! You have been added to the free dust upvote initiative where you get a dust upvote daily. This is a community support initiative. It does not cost you anything except to continue to produce with quality article.