POPULARITY
Perpendicular Futures: A Footlights CollegeIn this imaginative and thought-provoking episode, futurist and historian Dr. David Staley reads his latest blog article, “Perpendicular Futures: A Footlights College.” Known for his boundary-pushing scenarios for the future of higher education, Staley offers a bold and unexpected vision: What if colleges used performance arts—like theater and show choir—as a strategic enrollment tool, much like intercollegiate athletics?Drawing inspiration from high school show choir fervor and the storied Cambridge Footlights comedy troupe, Staley explores the idea of colleges investing heavily in performance opportunities not as academic programs, but as extracurricular recruitment strategies. This “perpendicular future” veers sharply from the typical trend lines of higher education planning and invites us to rethink what attracts students to campus in the first place.Whether you're a campus leader, a strategist, or simply someone intrigued by the unconventional, this episode will stretch your imagination about what's possible—and perhaps even probable—for the future of enrollment management.Perpendicular Change: What it means and why it matters for institutional planning.Theater and Show Choir as Enrollment Strategy: A new role for extracurriculars.The Passion Economy in Education: Students paying to perform—not for professional outcomes but for personal fulfillment.Footlights Reimagined: A nod to Cambridge's legendary troupe and a blueprint for creative placemaking.NIL Deals for Performers?: Imagining a future where artists, like athletes, earn incentives for their involvement.Disruption vs. Continuity: Why the future of college enrollment may not follow the path we expect.How embracing passion-driven participation could unlock new enrollment pathways.Why seemingly “fringe” extracurriculars might hold the key to student engagement and retention.A compelling case for reimagining institutional investments—from sports fields to stages.Dr. David Staley is a historian, futurist, and professor at The Ohio State University. He is widely known for his visionary writings and talks that challenge higher education to think differently about its future. In addition to his university teaching and consulting work, Dr. Staley regularly publishes articles on university design and innovation.
Welcome to the third episode of "Arguable," where we, Utkarsh and Dhruva, dive into the changing nature and value of work as we know it. We kick things off by dusting off John Maynard Keynes' crystal ball from 1930. Remember when he boldly predicted we'd all be living the 15-hour workweek dream by now? Spoiler alert: we're not. But why? We'll unpack this economic plot twist and why we're still chained to our desks instead of sipping piña coladas on the beach. Fast forward to today, and we're staring down the barrel of a Goldman Sachs report that's got everyone's circuits frying. Three hundred million jobs potentially replaced by AI? That's not just a new industrial revolution; it's a whole new economic dimension! The four most dangerous words used by pundits are, ‘This time it's different.' We follow their cue and explore whether this time it really is different. We're not just talking about machines taking over assembly lines. We're talking about AI potentially writing your next novel, diagnosing your illnesses, or even arguing your court cases. Is this the dawn of a utopian future or the prelude to a jobless dystopia? We navigate the choppy waters between techno-optimism and techno-skepticism, exploring why we should be both thrilled and terrified about our silicon-powered future. Will AI be our loyal sidekick, freeing us up for more creative pursuits? Or will it be the ultimate job thief, leaving us all twiddling our thumbs? Voltaire once said, "Work saves us from three great evils: boredom, vice, and need." Would we still work if AI-induced productivity made work unnecessary? There are reasons to believe we would. That's why we go into the Universal Basic Income debate. Tune in and tell us what you think. Mentioned: 1. Economic Possibilities for our Grandchildren: John Maynard Keynes 2. The US labor market is automating and becoming more flexible: Goldman Sachs 3. Can This Country Show Europe How to Compete Again?: The New York Times 4. Passion Economy and the Side Hustle Revolution: Utkarsh Amitabh
Ro Trivedi joins the show to discuss founding Pietra, a modern infrastructure platform that helps entrepreneurs start and operate eCommerce businesses more profitably. Listen now!Nobody Wants to Tinker on a CommodityKey takeaways:The ability to build billion-dollar businesses with small teams is within reach, thanks to technological advancements and the reallocation of resources toward high-value activities.The future of commerce lies in quickly bringing concepts to market, allowing businesses to design and manufacture products in a matter of weeks.The integration of AI-driven marketplaces will revolutionize the process of finding the best suppliers and factories, simplifying negotiations and streamlining production.The future will see businesses effortlessly selling on multiple sales channels, seamlessly connecting websites, social media platforms, and marketplaces for global reach.Efficiency and automation will become paramount for eCommerce businesses, enabling entrepreneurs to focus on differentiation and storytelling rather than spending unnecessary time on operations.{00:36:28} “So I think the future looks a lot like [integrated services]. Pull in data from the market, figure out the trends, and start designing great products very quickly.” - Ro{00:24:06} “Everyone's just running a business at the base level. And then very quickly, a creator who might have a really awesome handle on content marketing meets a counterpart who's excellent at paid ads. And when you zoom out over a 12-month period, guess what? They are the same business” - RoAssociated Links:Book a call directly with Ro Trivedi from Pietra to learn more!Check out Future Commerce on YouTubeCheck out Future Commerce+ for exclusive content and save on merch and printThe MUSES Journal is here! Grab your copy of our latest annual journal today at musesjournal.comSubscribe to Insiders and The Senses to read more about what we are witnessing in the commerce worldListen to our other episodes of Future CommerceHave any questions or comments about the show? Let us know on futurecommerce.com, or reach out to us on Twitter, Facebook, Instagram, or LinkedIn. We love hearing from our listeners!
Why passion alone isn't enough—we also need rigor and hard work to build a successful Passion Economy business.Rethinking your client base as a very tight, intimate group, because fewer passionate clients beat a lot of indifferent ones.How to get clear on the unique value you bring to your clients—and weave that into your business model (and marketing).When letting go of non-ideal clients is essential and how it changes the dynamics of your work.Why pricing should be a dialogue between you and your client vs. a static thing (and why a “shocking” price may be exactly what you need).Quotables“What do you want to be worried about at 3 in the morning—cause you're gonna be worried at 3 in the morning if you're an entrepreneur.”—AD“The passion word should convey: I'm going to put me and the wholeness of me into how I make a living. It's a strong choice. It's not a trivial choice.”—AD“The rest of us have to use the tools of scale, use the tools of digital communication…to find our intimate group, to find our tiny village even if they're thinly spread all over the world.”—AD“You don't want to be the same. You want to say I do this one thing and I do it really well and 99% of people have zero use for it, but there are people who will love it.”—AD“You want to become THE brand for your micro niche.”—AD“1/3 of your customers…are costing you money...if you actually add up the time and how much you're making, you'd be way better off doing new customer development—or just sleeping.”—AD“It's the stuff you're thinking about when you're doing the pitch that is often the most valuable. You're looking at this company, you're sizing them up, you're taking in what they're asking and then you're really coming up with a big strategic vision…the value you're adding is often front-loaded in that pitch.”—AD“Price really should reflect a dialogue between you and your customer. That customer is getting unique value from you. What is THAT value?”—AD“What if I doubled my prices tomorrow—what would happen? That probably for most people will provoke a crisis.”—ADLINKSThe Passion EconomyTwitter LINKSRochelle | Email List | Soloist Women | LinkedIn | Twitter | InstagramJonathan | Daily List | Website | Ditcherville | LinkedIn | Twitter
This week on the Million Dollar Mastermind podcast, host Larry Weidel is joined by Adam Davidson, a passionate storyteller from the word of journalism. He is the CEO of Masterful Storytelling. Adam worked with Adam McKay as a technical consultant on the Academy Award-winning movie "The Big Short." He further published a business advice book in 2020 called The Passion Economy. He also won the George Polk Award in Radio Reporting for his reporting with Alex Blumberg for a May 2008 show titled "The Giant Pool of Money." He also won the Peabody Award for "The Giant Pool of Money '. He is a volunteer Board Member for the Westbeth Housing Corporation.
This week on the Million Dollar Mastermind podcast, host Larry Weidel is joined by Adam Davidson, a passionate storyteller from the word of journalism. He is the CEO of Masterful Storytelling. Adam worked with Adam McKay as a technical consultant on the Academy Award-winning movie "The Big Short." He further published a business advice book in 2020 called The Passion Economy. He also won the George Polk Award in Radio Reporting for his reporting with Alex Blumberg for a May 2008 show titled "The Giant Pool of Money." He also won the Peabody Award for "The Giant Pool of Money '. He is a volunteer Board Member for the Westbeth Housing Corporation.
This week on the Million Dollar Mastermind podcast, host Larry Weidel is joined by Adam Davidson, a passionate storyteller from the word of journalism. He is the CEO of Masterful Storytelling. Adam worked with Adam McKay as a technical consultant on the Academy Award-winning movie "The Big Short." He further published a business advice book in 2020 called The Passion Economy. He also won the George Polk Award in Radio Reporting for his reporting with Alex Blumberg for a May 2008 show titled "The Giant Pool of Money." He also won the Peabody Award for "The Giant Pool of Money '. He is a volunteer Board Member for the Westbeth Housing Corporation.
This week on the Million Dollar Mastermind podcast, host Larry Weidel is joined by Adam Davidson, a passionate storyteller from the word of journalism. He is the CEO of Masterful Storytelling. Adam worked with Adam McKay as a technical consultant on the Academy Award-winning movie "The Big Short." He further published a business advice book in 2020 called The Passion Economy. He also won the George Polk Award in Radio Reporting for his reporting with Alex Blumberg for a May 2008 show titled "The Giant Pool of Money." He also won the Peabody Award for "The Giant Pool of Money '. He is a volunteer Board Member for the Westbeth Housing Corporation.
Here's another bonus episode of what we've been learning and chatting about over in the Bright Balloon Book Club! Join here! Last month, we read The Passion Economy by Adam Davidson. This episode is a brief overview of the key takeaways! Thanks to our sponsors! 17hats (get 50% off your 1st year) Havin' a Party Wholesale (save 5% with code BRIGHT) Balloon Suite BalloonCoach.com
Today we're joined by special guest Gustaf Lundberg Toresson, serial entrepreneur and founder of the new media company Sequel. Gustaf recently launched a new interview show featuring some of the world's biggest personalities within business and culture, including business leader Gary Vaynerchuck, DJs Giolí & Assia, and fashion entrepreneur Matilda Djerf, as well as Joe Foster, the founder of Reebok. Today we touch upon:What it means to be passion driven in the social media space.What you can learn from some of the biggest personalities in the world.The power of an audience, no matter which industry you come from.Celebrating people who are different, and do unusual stuff.Newsletter: https://scandinavianmind.com/newsletterInstagram:https://www.instagram.com/scandinavian.mind/Linkedin:https://www.linkedin.com/company/scandinavian-mindFacebook:https://www.facebook.com/scandinavianmindWith: Konrad Olsson, Editor-in-Chief & Founder, Hosted on Acast. See acast.com/privacy for more information.
¿Quieres crear una fuente de ingresos que perdure en el tiempo? Hablemos de cómo evitar la trampa de "hacer dinero fácil" y encontrar una forma de monetizar tus conocimientos para ofrecer valor o solucionar algún problema. Exploremos junto al Profe dos enfoques populares: la Gig Economy y la Passion Economy, que te ayudarán a encontrar tu camino hacia un negocio sostenible. Aprende cómo identificar habilidades que puedas monetizar, y empieza a ganar dinero haciendo lo que amas. En este episodio de Despierta Tus Finanzas Podcast, conversamos sobre qué es la Gig Economy y qués es la Passion Economy, qué plataformas existen para ofrecer servicios, qué es el mercadeo de afiliados, cuál es la diferencia entre estos dos modelos de monetización, por qué son etapas secuenciales y cómo saber si te apasiona crear contenido. Recomendaciones: Plataformas de Gig Economy: TaskRabbit, Fiverr, Upwork, Uber e Instacart Episodio 14: 3 fundamentos para incrementar o reinventar tus ingresos ¿Te gustó el episodio? Déjame un rating ★★★★★ y review al podcast. Así juntos construimos una comunidad de inteligencia financiera más fuerte. _________ Organiza tu mente, tus números y empieza a construir tu bienestar financiero. En Despierta Tus Finanzas aprenderás a transformar tu mentalidad, estabilizar tu economía y posicionarla hacia el crecimiento. Únete a nuestra comunidad en Instagram: @juliofinance | @fintelhub Visita la web de Fintelhub --- Support this podcast: https://anchor.fm/despiertatusfinanzas/support
In 2019, Li Jin was a tech VC and evangelist for specialized Web 2 platforms and marketplaces. Now, she's all in on web3. From Li's point of view, many of the "passion economy" businesses that were hard to scale in Web 2 are actually more viable in web3. Her current thesis is that ownership - not just revenue - is the next big opportunity in tech, and the best way to facilitate that is on web3.DISCLAIMER The information on this podcast is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. The information contained in or provided from or through this podcast is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice. The information on this podcast is general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this podcast without undertaking independent due diligence and consultation with a professional broker or financial advisor.
Adam Davidson co-founded NPR's hit podcast “Planet Money,” wrote “The Passion Economy,” and was an economics writer for The New Yorker and The New York Times Magazine. So of course this money nerd has his finances in order… or does he? Follow Adam Davidson at:Twitter: @adamdavidson Follow Maya Lau at:Twitter: @mayalauInstagram: @itsmayamoneyTikTok: @itsmayamoneySee omnystudio.com/listener for privacy information.
Today's guest is Polina Marinova Pompliano, writer and founder of The Profile –a newsletter and media company that profiles the world's most successful people from founders to athletes, actors to authors and many many more in between.Previously, Polina was at Fortune magazine as a journalist and editor where she wrote Term Sheet – a daily digest on businesses deals and the people behind them.Polina is also the author of Hidden Genius: The Secret Ways of Thinking That Power the World's Most Successful People – a book which distils the mental frameworks that so many of the high achievers she has profiled use to view the world and to achieve their extraordinary success - from Navy Seal David Goggins to Spanx founder Sara Blakely, Pixar's Ed Catmull and Brandon Stanton of Humans of New York.In this conversation, we talk about Polina's upbringing in Bulgaria before moving to the US and how feeling like an outsider shaped her view of the world and how she learns. We also talk about some of the frameworks used by the high achievers which she details in her book and the lessons they share on taking risk, failure, building a community and the importance of storytelling. Enjoy!Danielle ------------Pre-order Polina's book, Hidden Genius herePolina on Twitter and Instagram / Sign up to The Profile newsletter hereDanielle on Twitter @daniellenewnham and Instagram @daniellenewnham / Newsletter here
Today's guest is Jennifer Phan - co-founder of Passionfroot - a platform empowering creators to partner directly with brands and agencies to monetise their product and services, be it a podcast, a newsletter or YouTube channel.Born to immigrant parents, Jen started her career as VC investor before seeing a gap in the market for creators who are trying to earn money directly from their work. Passionfroot takes care of the admin and business side of earning a living from your work and helps to remove the barriers and gate keepers which have historically been in place and held many creators back.In this conversation, Jen and I discuss the wave of creators turned entrepreneurs, why she wants to empower creators anywhere in the world, what the next frontier for creator entrepreneurs looks like, as well as some of the platforms she recommends to help you grow your community.This is a great conversation with lots of fantastic lessons for founders and creators so I hope you get as much value out of it as I did.Please let us know what you think of this episode and please rate, review and share - it means the world to me and helps others to find it too.Jennifer on Twitter / Passionfroot website / Passionfroot Podcast, Creators on Air here / Newsletter hereDanielle on Twitter @daniellenewnham and Instagram @daniellenewnham / Newsletter here
Market share, mercantilism, and moral theology. Entrepreneurs, this all involves you. Put on your thinking cap and headphones, it's time to get into the nitty-gritty of macro and microeconomics. Adam Davidson, economic wizard, and author of the best-selling book, The Passion Economy, joins Jason on The Businessology Show to take us all the way back to 4,000 BC with some of the earliest economic theories and how they're directly affecting your services today.
REPLAY de l'épisode 023 diffusé le 11 Mars 2021 -Je suis convaincu qu'en améliorant aujourd'hui tes conditions de travail, tu augmentes tes chances de développer son autonomie financière. C'est un sujet qui est assez peu évoqué et qui me tient à coeur. Pour en parler ensemble aujourd'hui j'ai le grand plaisir de recevoir Samuel Durand notre invité du jour, qui est l'auteur du documentaire “Work in Progress” qui vient de sortir et qui envisage le travail de demain au travers des ses principaux acteurs qu'ils soient employeurs, salariés ou indépendants. Au cours de l'épisode on verra : Comment la crise sanitaire liée au Covid a profondément changé la vision que le management d'entreprise se fait du télétravail. Quelle est l'évolution la plus probable de l'espace de travail dans le travail de demain, entre espace physique, tiers lieu et domicile. Comment utiliser ce virage pour reprendre l'initiative et améliorer tes conditions de travailQuels sont ces trois piliers de l'artisanat qui te permettront de donner du sens et du plaisir dans ton travail.Et comment toi aussi tu peux entrer dans la “Passion Economy” (économie de la passion)Retrouve Samuel sur : Sa newsletter “Le Billet du Futur”Son dernier documentaire “Work in Progress”Sur son compte TwitterSur son compte LinkedinSPONSORS DU PODCAST
Bonjour à tous, aujourd'hui sur bannouze la chaine du marketing et de la com' digital, nous allons parler de « passion economy », qu'est-ce qui se cache dernière cette notion. Entre onlyfan et Substack autrement dit de la photo perso (à péage…) à la newsletter hyper pointue est-ce que tous les contenus se valent et comment les qualifier ? Bref on va faire le point avec notre invitée Alexia Lefeuvre Directrice Communication et RSE – AssurOne. Sommaire de l'épisode : Définition de la passion économie ? Comment juger de la qualité du contenu ? L'effet gourou ? Mirage ou vrai phénomène de fond ? N'oubliez pas
On this episode of ISOS: Host Brandon brings a piece on the "Creator Economy" and how it's turning into a new rat race. Tyler brings a piece on the return of Kelela; and Charlie brings an oral history of Coolio's "Gangster's Paradise".ARTICLES & TIMESTAMPS:Brandon's Pick - (7:28) "The Rosy ‘Creator Economy' Is Music's Biggest Lie" By Tim InghamTyler's Pick - (31:59) "Grounded: the revival of Kelela" By Amber J PhillipsCharlie's Pick - (47:40) "How Gangsta's Paradise changed the course of hip-hop" By Mark SavageThanks for listening! Be sure to help support the show by sharing, rating, reviewing and reading the pieces talked about. Support the writers & everyone that helps make this show possible. If you're an independent writer and would like your own work featured on the show, send it to us to read via the CS/5E Socials below! We appreciate you joining us as we continue in our search for sauce.Central Sauce (Twitter) - @Central_SauceThe 5th Element (Twitter & IG) - @The5thElementUK5E Community DiscordMusic - "Fxck Shit Up" By BasstiChillHop MusicOther Podcasts Under The 5EPN:"What's Good?" W/ Charlie TaylorBlack Women Watch...5EPN RadioDiggin' In The DigitsThe Beauty Of Independence
In this week's episode, Ricardo addresses the Passion Economy. There is a "passion economy" when you make money doing something you enjoy. The biggest illustration of this notion is the digital influencer, who may share information, expertise, and insights about a topic they find fascinating and monetize the content through a YouTube or TikTok channel, for example. However, the process is not as simple as most people believe. The majority of the "rockstars" of the passion economy represent a minuscule portion of the market. And transforming the passion into results takes time and a lot of effort. As Adam Davidson's book The Passion Economy examines in depth, your efforts to create money from a passion may not always provide the anticipated results. To understand more and relate it to your project and innovation efforts, listen to this week's #5minpodcast.
No episódio desta semana, Ricardo aborda a Economia da Paixão. Existe uma "economia da paixão" quando você ganha dinheiro fazendo algo que gosta. A maior referência dessa percepção é o influenciador digital, que pode compartilhar informações, conhecimentos e insights sobre um tema que ache fascinante e monetizar o conteúdo por meio de um canal do YouTube ou TikTok, por exemplo. No entanto, o processo não é tão simples como a maioria das pessoas acredita. A maioria dos "rockstars" da economia da paixão representa uma parcela minúscula do mercado. E transformar a paixão em resultados leva tempo e muito esforço. Como o livro de Adam Davidson The Passion Economy examina em profundidade, seus esforços para criar dinheiro a partir de uma paixão podem nem sempre fornecer os resultados esperados. Para entender mais e relacioná-lo ao seu projeto e esforços de inovação, ouça o #5minpodcast desta semana.
Welcome back, this week Anita and Lucas interviewed Li Jin, cofounder of crypto venture firm Variant, which just raised $450 million for its third fund. Jin, formerly a solo GP at Atelier Ventures, is known for developing an investment thesis around the “passion economy” that eventually led her down the rabbit hole of web3. A backer of companies such as Magic Eden and Mirror, Jin talked about the ethics behind onboarding cash-strapped creators into crypto, why she's no longer a solo investor and how she balances new investments and supporting her existing portfolio companies through a downturn.Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newslettersHelpful links:https://techcrunch.com/2021/10/19/variant-debuts-a-new-110m-fund-for-crypto-startups-announces-li-jin-has-joined-as-a-general-partner/https://techcrunch.com/2022/06/30/khaby-lame-crypto-binance-christiano-ronaldo/
The internet enabled the Passion Economy. It gave creators the ability to monetize their 100 true fans. But in doing so, it had some inevitable side effects. First, it gave platforms significant power and influence over the lives of countless individuals. Second, a lot of the financial upside derived from the massive success of these platforms accrued to a small group of individuals.Our guest today had a front row seat to this. Working for a16z back then, she saw exactly how it happened and who benefited from the wild success of these platforms. Of course we're talking about Every's very own Li Jin. If you've been a longtime reader of Means of Creation, you've probably noticed this philosophical shift. From initially being excited about the potential of the Passion Economy, Li has been spending a lot of her time reading, thinking, and writing about what a fair internet could look like. An internet where network participants (creators, users, moderators, and so on) own a part of the network they add value to; and derive the financial upside from their success. Our conversation with Li gave us a lot to think about. We hope you enjoy it as much as we did!
On a long drive today, I re-listened to some of the book, The Passion Economy, by Adam Davidson.It spoke to me the first time I read it. It's about craftsmanship in your business and working on something you're passionate about.It's about the power of building small-scale, high-quality work instead of mass-produced commodity work that can be scaled infinitely.The book has a lot of great rules, quotes, and stories. I'll share one quote that came up because it fits so well into how we price our work.Here's the quote:“I recently hired a lawyer who told me that he would not charge me by the hour but would, instead, agree to a fixed fee for the work we were going to do together. He explained that charging by the hour contradicted his core values of serving his clients; it would create an incentive for him to spend more time even if it wasn't strictly necessary. Or, on the other hand, he might choose to rush some work to save me some money. He preferred not to think about time at all but, instead, to focus on providing me with the greatest service. I found this comforting.”— The Passion Economy: Nine Rules for Thriving in the Twenty-First Century by Adam DavidsonSelling by the hour often doesn't feel good for either party, nor is it always aligned with the best interests of your clients.The incentive structure is broken.I've noticed hourly is most often the best option when you're doing commodity work, like website support or odd design tasks, for example.I'm not bashing hourly work or these kinds of support roles. They may be necessary to grow and/or sustain your business. They can be profitable.But I am pointing to the fact that hourly work—when it is required—is closest to commodity work and therefore should come with an orange flag.The longer you do commodity work, the harder it will be to do great work.
A vital source of news for Northern California's Slavic community has been banned in Russia. Dr. Daisy Gonzales shares her journey from a foster youth navigating the system to becoming second in command of the state's community college system. The Honey Agency, Inc. shares their SXSW Presentation “Passion Economy”. Today's guests Ruslan Gurzhiy, Editor-in-Chief of Slavic Sacramento, discusses how his website, which serves over 150,000 monthly readers in the greater Sacramento area, has been banned in Russia. Deputy Chancellor Dr. Daisy Gonzales of California Community Colleges, shares her story as a foster youth navigating higher education and goals to increase equity and representation across its 116 campuses. Meghan Phillips, Founder and CEO of the Sacramento creative studio The Honey Agency, Inc., shares her presentation about the “Passion Economy” at SXSW.
Information is everywhere in a digital world, and yet there's only so much time and attention we can pay to all this information in our daily lives. Thus, human attention is a scarce resource–and the most successful businesses, brands and creators know how to capture our hearts and minds best. Today on our show, we're joined by Sean Rhodes, Executive Design Director in frog's New York studio, to talk attention, passion and why there's evidence we're in the ‘Golden Age of Learning.'Brought to you by frog, a global creative consultancy. frog is part of Capgemini Invent. (https://www.frog.co)Find episode transcripts and relevant info (https://www.frog.co/designmind/design-mind-frogcast-ep-20-creating-value-in-the-attention-economy/)Download the new frog report 'The State of Service Design in the U.S.' (https://info2.frogdesign.com/reshaping-the-workplace)Research: Camilla Brown, Senior Copyeditor, frogAudio Production: Richard Canham, Lizard Media (https://www.lizardmedia.co.uk/)
Journalist & storyteller Adam Davidson joins Jess and Zerlina on the show to discuss how the media covered Hillary Clinton's emails vs Trump's destruction of documents.Adam is one of the greatest storytellers around. For three decades he has worked across podcasts and radio shows, the world's best magazines, and movies and TV.He created the Planet Money podcast; helped shape the movie, The Big Short, and is a writer at The New Yorker Magazine. His book, The Passion Economy, was named one of the best nonfiction titles of 2020 by Amazon and models great business storytelling.
In this episode we discuss:How do you survive during an unpaid sabbatical?The psychological stress of not having a salaryWhat Vikram learned about psychology from Elon Musk at UniversityThe 2,000 year old ritual that Tim Ferriss still practices to prepare for adversity If you want to start something new, should you burn your bridges or leave yourself an escape?Overcoming the limiting belief that you are your jobThe massive lie hidden in our education and employment systemsThe creative approach to work that unites the greatest thinkers from Richard Feynman to Ernest Hemingway, David Ogilvy, and Richard BransonTactics for tapping into your subconscious mind to overcome creative blocksDealing with the mental struggle of asking your first clients for moneyWhy Vikram (an economist) and his brother Mrinal (a designer and developer) started teaching traditional Indian dance classesThe common denominator that determines your success in any business or jobShould you "scratch your own itch" when starting a business?How to deal with starting a business and having zero customers show upThe Magic of the Internet, Micro-niches, and following your own passionHow the internet is "undoing the industrial revolution" for creatorsGoing in to "Fear Mode"Balancing "scale of impact" vs "direct impact"What if you could keep your job and pursue your passion? Links to Resources and Books Mentioned:Vikram on Twitter (https://twitter.com/vsethco)Bounce Bhangra Website (https://bouncebhangra.com/)Bounce Bhangra on Instagram (https://www.instagram.com/bouncebhangra/)Tim Ferriss on Practicing Poverty (https://tim.blog/wp-content/uploads/2018/08/137-tim-ferriss-how-to-practice-poverty-and-reduce-fear.pdf)Kevin Kelly's essay "1,000 True Fans" (https://kk.org/thetechnium/1000-true-fans/)
African culture and content is taking over the world - from Afrobeats and amapiano, to Nollywood and Netflix originals, to fashion. To what degree can Africans monetize their creativity not only on the continent but globally? To what extent can Africans, as owners of culture and intellectual property, participate in the upside? And if content has been largely an export product, to date, how do *we* develop the local creator ecosystem, as well?05:11 - A brief history of the creator economy. From aggregation theory to 1000 true fans.07:59 - We start with the platforms, and TikTok's Boniswa Sidwaba.11:11 - A challenge with creator monetization for African creators is the value of their audience to an advertiser. We hear from YouTuber Tayo Aina, with a cameo from another YouTuber, Hank Green.15:33 - Because of limited monetization opportunities from the platforms directly, creators ink brand partnerships and sell direct to their audience. 19:49 - The challenge with monetizing an audience directly in a market like Nigeria is the poor macroeconomic situation. So content remains largely an export product, says Iroko's Jason Njoku. 23:17 - But the local fanbase is still incredibly important, and the local infrastructure still needs to be built. It's what Mr Eazi is trying to do for the music industry. 29:22 - How do we make sure value accrues back to the markets from which the content comes?31:42 - Our retrospective conversation between The Flip's Justin Norman and Sayo Folawiyo.Resources referenced in this episode:What is Aggregation Theory? by Ben Thompson1000 True Fans by Kevin KellySo...TikTok Sucks by Hank GreenTayo Aina's YouTube Creator AcademyThis season is sponsored by MFS Africa.All this season, we're exploring value chains. And in the payments value chain, no fintech has a wider reach on the continent than MFS Africa. Through their network of over 180 partners - MNOs, banks, NGOs, fintechs, and global enterprises - MFS Africa's API hub makes connects over 320 million mobile wallets across 30+ countries in Africa.
On this episode, Jason Sew Hoy, CEO of podcast monetization platform Supercast, speaks with Marla Isackson about just how valuable a small group of loyal podcast listeners can be. As CEO of Supercast, Jason's passion lies in helping creators monetize their passion, which closely aligns with Marla's philosophy that financial empowerment is key. The two discuss hot button questions such as:
This podcast covers - Gen Z careers and the passion economy Bytedance's quest to become “borderless as Google” TikTok product evolution and algorithm Chris Stokel-Walker is a British journalist whose work regularly appears in WIRED, The Economist and Insider. He is known for breaking major news about YouTube and TikTok and often reports on the site for television, radio and podcasts. His latest book, TikTok Boom, includes scores of interviews from the biggest names in front of and behind the camera.
Are you a business owner? Or perhaps you work either as a stay-at-home mom or outside of the home, but you have a burning passion - a side hustle, real or imagined - that you wish could be your main source of income. In today's show, I sit down with Gina Bianchini, the CEO and founder of Mighty Networks, a SasS (Software as a Service) company. Mighty Networks prides itself on serving what they call a "rapidly growing world of creators with a purpose in the emerging category of The Passion Economy." Tune in to hear the difference between growing a following on social media and building a community, and how creators everywhere are growing their businesses through online communities with Mighty Networks. You can too. Tune in to learn more.For full show notes, visit www.themomfeed.com
We're doing our first Giveaway! We'll be sending the book 'Psychology of Money' by Morgan Housel to 5 people who help us get the highest number of referrals for our Newsletter. Here's the link that you can use to generate your referral code. Sahil (@sahil071) & Siddharth (@sidbetala) munch on these ideas during the episode:(00:50) - The Indian Dream Book Giveaway - Psychology of Money(02:06) - Gumroad Investment & Equity Crowdfunding (09:05) - Biostimulants & Sea6 Energy(16:25) - Manufacturing & Warehousing as a Service (MaaS, WaaS)(28:52) - High end locksLi Jin's article on Passion Economy and Future of WorkThe Indian Dream Book Giveaway - Psychology of Money by Morgan Housel - One of the best books both of us have ever read about Wealth Management & Accumulation. We'll be giving away 5 copies to the people who get the most people to sign up to The Indian Dream Newsletter. Here's the referral link that you can use for this campaign.Gumroad Investment & Equity Crowdfunding: As per SEBI guidelines, equity crowdfunding is still illegal in India - despite India overall being much more lax in its rules than the US SEC. Equity Crowdfunding is basically a chance for retail investors to invest in early stage startups - think Kickstarter but you actually get Equity in the company in which you invest. Gumroad - the creator platform - raised $5 million on the Republic.co platform which itself raised $35 million. The same day, the SEC had raised the maximum allowable capital raise from Equity Crowdfunding from $1.07 million to $5 million - expect a lot more companies use this method for raising early money but also expect a lot more fraud.Biostimulants & Sea6 Energy: On this podcast, we are obsessed with anything related to agriculture and especially Seaweed. India has become the first country in the world to pass legislations about Biostimulants and Sea6 Energy has become one of the first companies in the world to receive a patent for a Seaweed based biostimulant. And Sea6 Energy is raising a $5 million Series A round right now. On a previous episode, we spoke to Mr. Abhiram Seth from AquaAgri Processing about the future of Seaweed biostimulants and he said that this is just the start - there's a lot of room for growth in this industry. Manufacturing & Warehousing as a Service (MaaS, WaaS) for D2C companies: D2C companies are good at Marketing and they try to outsource everything else. Warehousing is a growing and profitable part of this changing business model. Can you build a warehousing marketplace with a software layer on top that helps D2C companies find the best warehousing space for their products. Same thing can be done for manufacturing. High End Locks
We dive into a discussion on the Passion Economy, then the show Snowpiercer and how it informs the strategy of Amazon and other streaming players. Finally, we do our weekly check-in with WandaVision. SPOILER ALERT-------------Show vs. Business your weekly take on Pop Culture from two very different perspectives. Follow us on Instagram, Twitter, Facebook, and check for us on your favorite podcast player.
Dive into how creators can curate and scale online communities as a key monetisation and engagement lever with Abhishek the chief curator of the Remote Indian Community. Abhishek is the creator of the RemoteIndian project - A vibrant community of more than 1400 members in India, some of whom are working at Doist, Gumroad, Gitlab, Prisma etc. This community enables Indian professionals to help each other navigate, balance and grow in a remote career. Insights from the episode can be translated in context of a specific show, target audience and value to be provided. The idea of normalising remote work in India came after Abhishek found a lot of joy working remotely as a Ruby on Rails developer in 2016. But he also realised that loneliness and lack of information is a big problem in remote work and he thought it would be more fun to solve these unique challenges as a group. Reach out to Abhishek - Remote Indian - https://remoteindian.com/ e-mail - abhishek@remoteindian.com Reach out to Naga – Twitter - @n1n3stuff / @PassionPeop1 (https://twitter.com/ThePassionPeop1 ) Facebook - The Passion People Podcast email - naagasubramanya@gmail.com Instagram - https://www.instagram.com/thepassionpeoplepodcast/ More about EpLog Media - You can follow us and leave us feedback on Facebook, Instagram, and Twitter @eplogmedia, For advertising/partnerships send you can send us an email at bonjour@eplog.media. If you like this show, please subscribe and leave us a review wherever you get your podcasts, so other people can find us. You can also find us on https://www.eplog.media/thepassionpeoplepodcast DISCLAIMER: The views expressed on all the shows produced and distributed by Ep.Log Media are personal to the host and the guest of the shows respectively and with no intention to harm the sentiments of any individual/organisation. The said content is not obscene or blasphemous or defamatory of any event and/or person deceased or alive or in contempt of court or breach of contract or breach of privilege, or in violation of any provisions of the statute, nor hurt the sentiments of any religious groups/ person/government/non-government authorities and/or breach or be against any declared public policy of any nation or state. Sound Attribution and Credits - Music from Pipo and Wowa(you should check out their music on Spotify here - https://open.spotify.com/artist/6zZPxLiRfbGUnoEAJmfJJN) from Unminus. All music other than the jingle on the episode is under the CC0 License and downloaded from freesound.org , freemusicarchive.org and unminus.com Transcript [00:00:00] Abhishek: [00:00:00] I was always curious about this question, that, okay what is a good life [00:00:04] the interesting part is now I actually feel heard and I feel understood. And that's the great part about, , building a community you're scratching your itch, but then you also realize there are so many other, , human needs, which are being fulfilled. [00:00:20] The biggest of which is, , being connected with each other [00:00:23] I wanted to. Take this microphone that I had, and give it now to the community you don't want to be a place where you're the only person holding the microphone. [00:00:32] I want to keep it as open and accessible they might, feel that social debt of sorts to support the community [00:00:38] Naga S: [00:00:38] H ey Abhishek hello and welcome to the passionate people podcast. [00:00:41]Abhishek: [00:00:41] Hey Naga, It's my pleasure to be here. [00:00:43]Naga S: [00:00:43] Abhishek in the current season. We're talking about creators and how they're monetizing in the context of COVID and in, in the spectrum of monetization. I believe that community creation is a very important aspect that a lot of creators either miss out on, or don't think about it in the right way. [00:01:00]The reason I'm excited to be talking to you is because you have successfully, , conceptualized an idea for a community and scaled it to over a thousand members. So I'm really, really looking forward to our conversation. [00:01:13]Abhishek: [00:01:13] Thanks. Thanks for having me, man. [00:01:15] Naga S: [00:01:15] Super. So I think a good place to start would be just to give our listeners a background of who you are and also some background on remote Indian and we'll take it from there. [00:01:24] Abhishek: [00:01:24] I'm a computer science grad passed out in 2010 and started off working in an MNC. This was quite a while back. [00:01:34]I knew that, , this was something which I was always curious about this question, that, okay what is a good life and somewhere,the feeling was that going to an office job and, not having any say in where you could, , work from. I, I felt that wasn't right. [00:01:54] And obviously I am a guy who likes to pursue my curiosities or [00:02:00] pursue my questions very seriously. So, that's how, this whole journey started. It took awhile, but after three years, I really decided that I needed to shift paths, learn Ruby on rails, on my own followed a bunch of people on Twitter and. [00:02:16]Saw that, , they were developers like me who were making remote , work for them. And I knew that this was something better than what I had so that's how I started off with my remote journey and in August, 2017, I was working out of a coworking space in a tropical Island called Colandra. [00:02:43] This is in Thailand. And I was, feeling really blessed and this was not the first time that I had this overwhelming feeling of joy. I had, , spent two years of working remote till then, but My fear was that this joy could be short-lived. I wanted to build some resilience into this, this joy. [00:03:04]So one example that I, would like to give is what happens , if my client goes away or if I lose my job. when I used to speak to my friends their answers weren't, , very helpful. they would say that you could reach out to recruiters or you could, , LinkedIn is a platform that you could use, but then I knew that, the journey that I was on, it would not work out for me. [00:03:28] And. That's where, , the idea of remote Indian started it was just a, way to build some resilience into this remote working career of sorts. And I thought that if I could be connected to folks who were working in similar companies that way, if they had any open opportunity in the company, chances were that I could have, , first dibs on it. [00:03:51]So, yeah, but over the past three years of running the community, I started this in August, 2017. So I've been doing this for [00:04:00] more than three years now. The interesting part is now I actually feel heard and I feel understood. And that's the great part about, , building a community you're scratching your itch, but then you also realize there are so many other, , human needs, which are being fulfilled. [00:04:17] The biggest of which is, , being connected with each other. That's pretty much, , my story now and we have grown to more than thousand members, obviously Covid had some role to play there. And as you can see, a lot of people have now started working remotely and let's see, I think I'm quite excited to see where, we can go with this [00:04:41]Naga S: [00:04:41] Are you also continuing your remote job currently or taking care of the community? a full-time gig? [00:04:47] Abhishek: [00:04:47] I was working till the end of last year. I felt that. Remote Indian was something which could be my life's work. And I had this financial runway of sorts. Like I had some savings, which I could, take a leap of faith here by, trying to see if remote Indian can be sustainable and. [00:05:08]Yeah, I think this was the year where I, I hadn't planned that, things were like there would be a pandemic and all of these uncertainties would come about, but I'm happy to say that this has also been a great learning experience for me. Like just focusing only on one thing, which is remote Indian, I think helped me to clarify a lot of ideas. [00:05:31]Naga S: [00:05:31] You mentioned about having a financial runway that allowed you to take the jump. Can you elaborate a little bit in terms of how you thought about it? How long this runway span and why that linked gave you the comfort? [00:05:45]Abhishek: [00:05:45] Definitely. I am from a very , normal family. [00:05:48] In my family, nobody understands what I do for a living. So in order to have that Let's say sanity, I would say like just having a a [00:06:00] safety net of sorts. [00:06:01] I think that gives you a lot of , confidence to teach, to do whatever you want to do. So I didn't want to, I have that thought behind my head that, Hey, I'm actually, , I don't have money to pay my bills and things like that. So I had saved around one year of , my living expenses. [00:06:19] And that's, that's how I kind of reasoned about it. That if I can get to these nimble number, which was, , $500 MRR, I think that was my minimum viable income. So I thought if I could raise that number by the end of end of 2020, then. I can, look at doing this more seriously. Otherwise the idea was to go back to a remote job and do this as a side project of sorts. [00:06:46] [00:06:46]Naga S: [00:06:46] And are you close to that number right now? [00:06:50]Abhishek: [00:06:50] Yeah. I just crossed that number, 10 days back. So yeah, quite excited to finally it is that milestone and it might seem like a very small number, but for, for me, who has been trying to figure this out and make this sustainable, I think this was a very big win for me. [00:07:10]Naga S: [00:07:10] , can you walk us through the process that you went about in terms of scaling remote Indian from. , from this, you essentially right to where it is today, how did you think about the values that the community stood for and what were some of your thoughts at the start and how, how are you thinking about the same thing? [00:07:30]Abhishek: [00:07:30] As I mentioned right at the start, it was just about. Building my own network of sorts. Like I was kind of building my own LinkedIn rather than using LinkedIn as a platform. I was kind of, , under the impression that I needed to do this, my own way. But over this period of time, as I've, started to enjoy [00:07:53]This idea of building a community, the three things that have worked for me, one of the first things [00:08:00] was having some rituals. So the examples that I like to share your is we have. These zoom calls every Saturday wherein I would either invite a guest and we could talk about a very unique challenge. [00:08:17] So that was one of the things that, , build that habit, around which, the community could be built. The second example for a ritual would be the weekly newsletter that I send out. That was again, helpful that. I, was resurfacing the most valuable conversations happening in the, in the community because a lot of people wouldn't, , necessarily check Slack every week. So for them, this newsletter was a way to kind of, catch up with what things are going on. So these rituals were very important. I think every community needs to have some rituals which can hold the community together. [00:08:53]Then the second thing, which I would like to mention is that I. Highlighted the folks whose, whose behavior I wanted to promote in the community. There were some people who have been very integral, pillars in this community and just giving them a voice or acknowledging their behavior. [00:09:14]I think it gives you that That freedom or license to, , also feel that, okay, you're part of this and that's something , which has, , helped me a lot. So every time somebody has sent a pull request or every time somebody has collaborated with me on a particular project, I have, made it a very clear intention of, giving them a shout out or maybe sending them an Amazon voucher or something to, , make sure that this is, , what I would like. [00:09:42] I don't want to be the lone Wolf here. And third it's a thing, which is important to me is that , being very authentic, I did not want to do something which felt uncomfortable to me. I knew for sure that if this was [00:10:00] going to be sustainable, then I cannot, , be trying to be something which I'm not someday, that facade will go away. [00:10:08] And that's where I knew that I did not want to be very outgoing. I was comfortable in one-to-one conversations. So that's the medium which I chose and. I felt that helped me to, sustain because we go, sometimes you won't get burnt out. Right. If you're trying to do something, which is very different from what you are. [00:10:28] These are the key ways. I've, tried to make this work. [00:10:32]Naga S: [00:10:32] Ritual that helps keep the community together. Incentivizing good behavior. And staying true to your authentic self. Like these are the things that have worked for you. Can you also share some of the things that you tried that did not work. [00:10:44]Abhishek: [00:10:44] I used to think in that solution mindset, I would learn something new. There will be some no-code platform maybe, which I came across and I thought that, Hey, why can't they use this to , build a member directory of things like that. [00:10:57]But later on, these things wouldn't work out and that's, that's something which, which I realize. Second, I would say was the idea of having these body goals. The intention was to, connect people within the community, but I realized that it was a very passive way of doing it in the sense that people had to take the responsibility of Making sure that they can book a calendar reaching out to the other person, things like that. [00:11:27] So I would say generally, things that have worked out where I have been very active and. The places where things haven't worked out wherein I have tried to, , scale too early, like I've tried to build a product Institute a system even before, qualifying that there is a problem. [00:11:46] So I think that's a great learning on this. Yeah. [00:11:50] Naga S: [00:11:51] That makes sense. So, in terms of your journey, right? If I'm, if I'm drawing a parallel to what a creator does versus what you do, typically creators [00:12:00] go. Through this creating content, distributing content, creating a community around the content. [00:12:06] However, I think your journey is unique in the sense that you created the community and then you're creating content that caters to the community, whether it's the weekly newsletter, whether it is, how do you keep the community engaged by having these regions? [00:12:20]Abhishek: [00:12:20] As of now, I think that's the, system that I'm following wherein I'm using whatever content is being created in, Slack to create my newsletter . But I would say that these different stages earlier I used to write a newsletter where the content would be. [00:12:36] Fully created by me. So initially I will, for any community to work out, you need to have a, and number of people, again can be a number between hundred and two 50, depending on, , how the early adopters are. So in, in my case, I started off with a newsletter wherein I, I used to just. [00:12:59]Write down my experiences and talk about the challenges that I faced or, the thoughts that I had, over a period of time, I think, it became a little narcissistic and I realized I would burn out doing this and that's where the shift happened when I wanted to. Take this microphone that I had, and I wanted to give it now to the community and, , I wanted them to ask, , but again, there's a time and place for this. I would say we can keep switching between content and community. You don't want to be a place where you're the only person holding the microphone. [00:13:34] And. You also want to make sure that maybe, , the community feels that they also have a voice and they are being heard. Does that make sense? [00:13:43] Naga S: [00:13:43] Yeah, absolutely. It makes a lot of sense, because like you said, when you're making a lot of the content yourself, right. [00:13:49]You're trying to bring about certain insights. You're trying to bring about so many things that may be there, or you could be imagining them. What you're doing is you're Meta curating the newsletter, right. From content that's already [00:14:00] there, that the community has already made that I'm sure makes people feel heard and , feel like they're recognized. [00:14:06] I remember one of those weeks where I was one of the top contributors and I was like, Hey, it made me feel nice. Seeing your name, they're feeling recognized and I'm sure that, , it's going in the right direction because I definitely felt good being there. [00:14:18] That's something that I've specifically noticed in remote Indian, I've been a part of communities in the past where all of the communities have always been focused on themselves. It's all about taking, however, remote Indian is a first place where people were so willing to give. And that is something that really in my mind set it apart from all of the other communities that have been a part of in the past, [00:14:41] they're so willing to answer a question to hop on a call really support each other. So what, what was it that you did apart from, having the ritual , incentivizing the good behaviors? Was there anything else that you did in order for the community to. [00:14:54] Always be in this pay it paid forward kind of mindset. [00:14:56]Abhishek: [00:14:56] I'm not sure what has worked to be honest, but I genuinely feel, , one of the good things which I did was having these lenghty phone conversations with some of the members the early members and stopped doing it because now there are so many people. Earlier, I used to just ping them , on Slack and just start a conversation. [00:15:19] And then I would call them up. And in fact those were the places where it solidified the first pillars of the community. A community cannot stand only on, the shoulder of, one person. [00:15:34]So people embody that spirit and. Then over a period of time. They transferred that same spirit with, with other members. And that's how spirit has been carried forward. [00:15:48] Yeah. [00:15:48] Naga S: [00:15:49] In a lot of ways, it really just seems like a startup, right? Because your first few hires decide a lot about the way the culture of the organization is shaped. And it seems like it's similar in [00:16:00] community building as well, because what you've essentially done is that you've set the tone. [00:16:03] You've set the context, you've set the values that you hold dear. And you've made sure that the , earlier adopters of the community are able to follow that. I know that those are the efforts that are now paying off as the community scales [00:16:16] Abhishek: [00:16:17] In my case, I would say that there have been very, lucky breaks which have happened. And I'm, I'm grateful that, , I've come across people like you who have come into the community at the right moment and, share your knowledge. [00:16:32] And that's how things have evolved. [00:16:33] Naga S: [00:16:33] Well, one of the other things that I also wanted to get a thought, is what are the things that people should keep in mind when they're growing their community, maybe from like the first few members to the first 50 or a hundred. [00:16:45] And then how does that evolve over time? Because I'm sure that, two years down the line, your priorities are different than from where you started and they're going to be different. , as you grow, [00:16:54] how do you see that transition? And what are the, different things that, you focused on till now? And what will you be focusing on in the future? [00:17:00] Abhishek: [00:17:00] I think, , the, the most important thing for any person who is doing this from scratch would be to. The a hundred or two 50 people, that's the magic number, which of sorts where in the community actually feels like a community. Nobody wants to hang out in a ghost town. Right? . [00:17:17] Great part about building your own thing. You can make a lot of mistakes and just say that you learn from them. So if I had to do it again, I would definitely, , focus more on distribution. I would say if you are creating value, I think an example would help you in remote Indians case. [00:17:35]One of the things that, could have been done or, , like it was done to some degree was curation of knowledge. There's so much content being thrown around on the internet about remote work. So if I had to really get my first hundred or, get the attention of first a hundred to two 50 people, I would spend some time creating value. [00:17:57]Curating this content. I think that's the [00:18:00] easiest way to spark, a conversation of sorts. And once you have those number of people, I think then the, the question is that if you , sometimes an audience makes sense. You can just, , keep it as a, as a newsletter of sorts. [00:18:15] The important question is that do you feel the value of the project going to increase. If you activate all these nodes, there are two 50 people now in your newsletter and let's say, , you give everybody a voice now, if they feel that, okay, now we also can participate in this process of creation. That's the way to go about it. I did it to some degree, but it took a really long time for me. [00:18:37] I think it took me almost two years to get to 250 members. So that's something which I would, say is one of the key learning points, getting to your first 250 members very quickly. , you can use Twitter, Instagram, , any of the places where folks are already hanging. [00:18:52]How things have changed. I feel that there's, there's this constant dance between being very personal. Having these phone conversations with specific members, so you have to keep that element also there, but at the same time, you have to also think about scale. [00:19:09]So there's this constant, dance that any community manager has to do you don't necessarily want to, take that personal element away, but at the same time, just to make sure that more people can find value, you have to start thinking in those elements. So that could mean instituting some systems that could mean, identifying people who can run the community on your behalf, you don't necessarily need to be the only one who moderates the community. [00:19:38]. You want to identify other leaders as well. Iterations are the only way to, , figure it out what works and what doesn't and feel if you can do these small experiments. [00:19:49]That helped me a lot. I would maybe ship a small product and see whether it resonates with the community or not. Do these zoom calls almost on a, weekly basis. At the [00:20:00] end of the day it's it's consistency. How consistent you are, how persistent you are with this. [00:20:04] Naga S: [00:20:05] You said it's about bringing value to the community. And initially you brought value to the community by curating content around remote work. And right now I see value being driven to the community by the numerous remote work opportunities that get posted on the sander, the ability to interact with experts and get that clarified, which could. [00:20:25]In most other circumstances would be paid advice, and people are only giving advice because it's that important in community. Now, the community members are deriving value. You've got a critical mass of 250 people or a thousand people. How should. Community managers think about monetizing because in the start you mentioned that you've hit kind of a target milestone of $500 of MRR. [00:20:49] It is an interesting way of putting it, but how did you think about monetization and, any thoughts in terms of how community managers should think about value and how that value can be translated into monetary contribution for the community manager, especially for folks who want to do this for time, like you. [00:21:07]Abhishek: [00:21:07] This is definitely the thing that I've struggled the most. I've seen many people run, paid communities where. They would just have a paywall of sorts that if you want to join the Slack community, you have to pay this membership fee. I wasn't sure that, I could do that because I don't have that pedigree [00:21:27]so that's one of the things that I realized, and I also, read this book called gift economy. And there's the other, another one, which is big magic. So the big, I guess, learning that I've gotten, , from, from reading these two books is that creativity shouldn't be responsible for paying my bills. [00:21:51]So now what I'm trying to do is using a donation based business model, and there are a couple of products which are, my favorites. One [00:22:00] is Wikipedia and the other is Khan Academy. I think those two products have shown the way [00:22:06]I am experimenting with this similar kind of model because for different people, will find different utility out of it. Right. And secondly, I want to keep it as open and accessible. For some members, they might not have the means right now, but they could use the community to improve their financial situation later on. [00:22:28] They might, feel that social debt of sorts to support the community. That's the thesis of sorts. And recently I came across this Version of Maslow's hierarchy of needs for a creator. This was shared by Le Jin. If she's the one who coined, the term Passion Economy. [00:22:47] So what she says is that the first level is the fulfillment that you get from creating. That's where somebody has to start from. You cannot start from monetization, for any creative project. So one has to, Have that fulfillment, that should be the number one reason for creating anything. [00:23:02]then you go on and build an audience or a community. And the third level is, which is basically, Nirvana. So it's, this is monetization. If we can crack that bit. I think you have reached the top level and it's definitely, a blessing, if you can get paid [00:23:20] Still a long way to go, man. I feel this is, this is just a start. People are figuring out different ways and models and not one way can necessarily, be considered the golden standard of sorts. So for me, I'm, going with this idea of the gift economy, I'm trying to put out work, I'm trying to, share as much knowledge , make as many connections as possible. [00:23:46] The thesis is that people will find enough value to become patrons. And that's what has, happened. I now have more than 40 patrons who are, supporting me. So there's no fixed amount that you have to pay it's depending on what they feel, the [00:24:00] value that you're getting. [00:24:00] It's a very interesting kind of a model. And I I would like to, double down on this. [00:24:05]Naga S: [00:24:05] As we wrap up our episode for people who are listening in where can they join the Remote Indian community and get to see and experience the magic that you do that. And also , any closing thoughts. [00:24:17]Abhishek: [00:24:17] I think people can go to the website, remote indian.com. [00:24:21]That's the main landing page for the community. And once they sign up there, they will receive an invite to the Slack group. That's essentially the home of the remote Indian community right now. Closing thoughts would be that we are kind of living in an Renaissance era of sorts where, this is a Renaissance era for creators, and I'm quite excited to see, , the possibilities that more and more platforms are being built. [00:24:50] It's essentially becoming easier to do this as a full-time thing. So I am quite curious and excited to, see how the world, the, passionate economy or the creator economy evolves [00:25:06] Naga S: [00:25:06] fantastic. I think you've shared some really great insights, basic things in terms of hiding that creators are curating. The first community need to keep in mind and also, , a lot of good input in terms of what worked for you and what didn't. See omnystudio.com/listener for privacy information.
EP 926 (WE 47) กรณีศึกษา Passion Economy มาต่อกับหนังสือ The Passion Economy ที่เขียนโดย Adam Davidson ในตอนนี้จะเป็นกรณีศึกษาต่าง ๆ ที่เกี่ยวข้องกับ Passion Economy ลองฟังและนำไปปรับใช้กับการเป็นผู้ประกอบการวันหยุดกันนะครับ
EP 919 (WE 46) มารู้จัก Passion Economy กัน วันนี้ผมเอาหนังสือที่ชื่อว่า The Passion Economy ที่เขียนโดย Adam Davidson มาเล่าให้ฟัง มีกฏของ Passion Economy ที่น่าสนใจ และน่าจะเหมาะกับผู้ประกอบการวันหยุด ลองฟังกันครับ
When Dan Barber realized seed breeders and chefs weren't really talking to each other, he saw an opportunity in the market. An opportunity to breed vegetables that actually taste good. So, he founded Row 7 Seed Company. This episode is sponsored by Purple Mattress. Go to purplemattress.com/passion10, and use promo code passion10. For a limited time you'll get 10% off any order of $200 or more. This episode is also sponsored by Stamps.com. Go to Stamps.com, click on the Microphone at the top of the homepage and type in PASSION for a 4-week trial plus free postage and a digital scale with no long term commitments or contracts. This episode is also sponsored by PayPal. Start using PayPal QR codes to accept payments for a chance to win up to $10,000. Get started at paypal.com/passion or download the app. This episode is also sponsored by Netsuite. Schedule your free product tour right now at NetSuite.com/Passion . The Passion Economy has a newsletter! Go to passioneconomy.com to sign up - for free! Learn more about your ad choices. Visit megaphone.fm/adchoices
In the 9th episode of Creator Economics, Reed and Blake interview Li Jin on the Passion Economy. The philosophy that ANYONE can create a business doing what they love. This involves creating platforms designed to empower the individual and help them cultivate a dedicated audience. Where you can find Li Jin: Means of Creation: https://www.youtube.com/channel/UCssD_lb5-VivYtAp07bQ-uQ Twitter: https://twitter.com/ljin18
Our guest today is Adam Davidson, the CEO of the podcast company Three Uncanny Four and author of The Passion Economy: The New Rules for Thriving in the Twenty-First Century. Adam is known for co-founding NPR's Planet Money, one of the first and most popular business and economics podcast to this day. Our conversation today focuses on the passion economy and how finance professionals can thrive in the twenty-first century. Adam explains what the passion economy is, why some of the rules (like turning customers away) are counterintuitive but imperative, and what his career advice is to young professionals. He gives real examples of accountants and financial advisors, which he has an entire episode of his podcast dedicated to. He finishes by touching on his new company, Three Uncanny Four, and the future of the podcast space. Our guest-host today is Frank Garcia, Co-Chief Investment Officer at Resource Consulting Group and Vice President of CFA Society of Orlando. Please enjoy the episode. For more information on topics covered into the episode, see the information from a16z below: The Passion Economy and the Future of Work 16 Key Metrics for the Passion Economy Podcast: How the Passion Economy Is Redefining Work Follow the CFA Society of Orlando on Twitter at @CFAOrlandoFL
Caroline Weaver didn't exactly have a plan when she opened a pencil shop in Manhattan. What she felt certain about was that she knows more about pencils, and cares more about pencils, than almost anyone else. And that's what helped her make her mark with CW Pencil Enterprise. This episode is sponsored by Wine Access. Start listening to their great podcast Wine Access Unfiltered at wineaccess.com/podcast . Or subscribe wherever you listen to podcasts. This episode is also sponsored by TheraOne. Now through November 1st TheraOne is offering listeners a buy one, get one free for all TheraOne products. Just visit Theragun.com/passion . This episode is also sponsored by Netsuite. Visit NetSuite.com/passion for a free product tour. This episode is also sponsored by BackCountry. Go to Backcountry.com/passion and enter code PASSION to get 15% off your first full-priced purchase. This episode is also sponsored by Athletic Greens. Visit Athleticgreens.com/passion and you'll receive up to a year's supply of Liquid Vitamin D for free with your first purchase. The Passion Economy has a newsletter! Go to passioneconomy.com to sign up - for free! Learn more about your ad choices. Visit megaphone.fm/adchoices
How did Dan Honig, a Jewish vegetarian from New Jersey, end up working at a pig slaughterhouse in Missouri? And how did he take what he learned there and solve one of the biggest problems in the meat industry with his company Happy Valley Meat? This episode is sponsored by Wine Access. Wine Access has a podcast, Wine Access Unfiltered. Start listening to this great podcast now at wineaccess.com/podcast. Or subscribe wherever you listen to podcasts. This episode is also sponsored by Purple Mattress. Go to Purple.com/passion10 and use promo code passion10. For a limited time you'll get 10% off any order of $200 or more. This episode is also sponsored by The New Yorker. For a limited time you can get 12 weeks of The New Yorker for just $6. Plus, listeners will receive an exclusive tote bag for free. Just visit NewYorker.com/passion . The Passion Economy has a newsletter! Go to passioneconomy.com to sign up - for free! Learn more about your ad choices. Visit megaphone.fm/adchoices
Fast fashion is all about identifying trends and churning out clothes at huge scale. Zack Pinsent does the exact opposite with his company Pinsent Tailoring. He makes bespoke period clothing crafted with historical accuracy. This episode is sponsored by Wine Access. Get $25 off each of your first 2 Wine Club shipments. Just visit www.wineaccess.com/passion . This episode is also sponsored by TheraOne. Now through November 1st TheraOne is offering our listeners buy one, get one free on all TheraOne products. Just visit Theragun.com/passion . This episode is also sponsored by The New Yorker. For a limited time you can get 12 weeks of The New Yorker for just $6. Plus, listeners will receive an exclusive tote bag for free. Just visit NewYorker.com/passion . The Passion Economy has a newsletter! Go to passioneconomy.com to sign up - for free! Learn more about your ad choices. Visit megaphone.fm/adchoices
Craft fairs, pop-up stands, and people standing in the sun with fanny packs trying to sell their knick-knacks, might not seem like the key to building a healthy and thriving business. But Kathleen Plate turned her table at the craft fair into exactly that: her business Smart Glass Art and Jewelry. This episode is sponsored by Stamps.com. ·Right now listeners get a 4-week trial plus free postage and a digital scale without any long-term commitment. Just go to Stamps.com, click on the microphone at the top of the homepage and type in "PASSION". This episode is also sponsored by Wine Access. Get $25 off each of your first 2 Wine Club shipments. Just go to my WineAccess.com/Passion and sign up for the Wine Club. This episode is also sponsored by BackCountry.com. Go to Backcountry.com/PASSION to get 15% off your first full-priced purchase. Some exclusions apply. This episode is also sponsored by Athletic Greens. Visit AthleticGreen.com/Passion for up to a year's supply of Liquid Vitamin D for free with your first purchase. The Passion Economy has a newsletter! Go to passioneconomy.com to sign up - for free! Learn more about your ad choices. Visit megaphone.fm/adchoices
Judy Dlugacz's company Olivia gives LGBTQ women the chance to go on the trip of a lifetime, meet women like them, and truly be out, sometimes for the first time in their lives. And it all happens on a boat. This episode is sponsored by Sunbasket. Right now, Sun Basket is offering $35 off your order when you go right now to SunBasket.com/passion and enter promo code passion at checkout. This episode is also sponsored by Indeed. Right now Indeed is offering our listeners a free $75 credit to boost your job post. Just visit Indeed.com/passion . This episode is also sponsored by NetSuite. Receive your free guide, “Seven Actions Businesses Need to Take Now” and schedule your free product tour at NetSuite.com/PASSION . The Passion Economy has a newsletter! Go to passioneconomy.com to sign up - for free! Learn more about your ad choices. Visit megaphone.fm/adchoices
Spread across three roofs in Brooklyn and Queens, New York, is the world's largest soil rooftop farm. It's called Brooklyn Grange, and is run by Gwen Schantz, Anastasia Cole Plakias, and Ben Flanner, who learned how to turn a passion for farming into a profit. This episode is sponsored by Wine Access. Get 25 dollars off each of your first two Wine Club shipments. Just visit www.wineaccess.com/passion . This episode is also sponsored by Indeed. Try Indeed out with a free 75 dollar credit to boost your job post at www.Indeed.com/economy . The Passion Economy has a newsletter! Go to passioneconomy.com to sign up - for free! Learn more about your ad choices. Visit megaphone.fm/adchoices
Fawn Weaver went to Lynchburg, Tennessee to write a book about the former slave who taught Jack Daniels how to make whiskey. It was that trip that inspired her to launch a wildly successful whiskey brand, Uncle Nearest Premium Whiskey. This episode is sponsored by Stamps.com . Get a 4-week trial plus free postage and a digital scale without any long-term commitment. Just go to Stamps.com, click on the Microphone at the top of the homepage and type in passion. This episode is also sponsored by TheraOne. Now through November 1st TheraOne is offering our listeners a buy one, get one free for all TheraOne products. Just go to TheraGun.com/passion . This episode is also sponsored by Indeed. Try Indeed out with a free 75 dollar credit to boost your job post at Indeed.com/passion . The Passion Economy has a newsletter! Go to passioneconomy.com to sign up - for free! Learn more about your ad choices. Visit megaphone.fm/adchoices
Lauren Danson had zero business experience, but she believed her passion for tea could be contagious. So she started Mizuba Tea Co., a brand that only sells the finest matcha green tea. This episode is sponsored by Wine Access. Visit WineAccess.com/Passion and sign up for the Wine Club today for $25 off each of your first 2 Wine Club shipments! This episode is also sponsored by Sun Basket. Visit SunBasket.com/passion and enter promo code passion at checkout for $35 off your order. The Passion Economy has a newsletter! Go to passioneconomy.com to sign up - for free! Learn more about your ad choices. Visit megaphone.fm/adchoices
Ed and Ron welcome back, for the second time, Adam Davidson, a staff writer for The New Yorker since 2016. We will be discussing his latest book: The Passion Economy: The New Rules for Thriving in the Twenty-First Century. Adam first appeared back in January 2015, Episode #26.
Ed and Ron welcome back, for the second time, Adam Davidson, a staff writer for The New Yorker since 2016. We will be discussing his latest book: The Passion Economy: The New Rules for Thriving in the Twenty-First Century. Adam first appeared back in January 2015, Episode #26.