October 28, 2008
Content Is Fuel (But Revenue Is At The Wheel)
Passion is a funny thing. We’re always told to be passionate but I suppose it’s mainly for the feel-good nature of being driven, creative, and outgoing about what we do. Who wants to literally hear about someone else’s shite job? I don’t. Chances are you don’t either. Conversely, when in conversation with a passionate human being (professionally speaking) I’m always fascinated by the insight that shines through.
A warning to all of you upstarts out there: remember where your passion ends and business begins because they are two completely different beasts. I learnt that the hard way by figuring out that companies made products in order to make money, not because they saw value, loved, or even liked said product. Content is similar. (Yes, I was naive but it also helped to be fearless by way of ignorance as a teenage entrepreneur.)
When I started publishing an online magazine more than ten years ago it was my passion for music that helped me through the long nights of pushing out content pre-blog, pre-web 2.0 era, and before monetization was much of an option. Content was our passion–and its main selling point came in the form of the possibility of earning ad dollars from our passion of the music rather than the passion of doing our jobs.
That’s probably why I moved from publishing and into the ad business full time. Why represent one site when I can help all of us likeminded publishers to group together to form an ad network? It took faith at all levels. This was the power of the internet to me. Social media hasn’t come close to making the world a better place, but the internet has allowed us to communicate faster to allow for more efficient social interactions. In my case, it led to the founding of Fixion Media.
But the real point beyond my surprisingly introspective self on a rainy Tuesday, I’m again realizing that the system isn’t as self sustainable, fresh, and “open” in terms of social interaction to allow for many real-world business partnerships, deals, or otherwise. And I mean this in terms of my passion for creating change. I think most digital namads are hiding beyond monikers and web personas to avoid the real-world stuff. And P.S. folks, conferences don’t count!
[Rob comes back to the computer several hours later. Hockey intermission permits for writing.]
To tie this randomness together, I think it’s important to evaluate your industry through the filter of making the world a better place. I had big dreams for my online magazine and I am now actively involved in trying to shape an industry where I what I do directly affects dozens of publishers. Potentially this number will be in the hundreds in the coming months and years.
They used to call it “climbing the ladder”. Or something like that. I prefer this meritocratic system. But we all know the real world doesn’t work like that–but in case it does–your competition probably cares more about his/her bottom than line than your own personal achievements. This leads me to question the individual journey that we all must take regardless of how important our public personas and personal brands are. And if my hunch is correct: this journey will help you connect in real terms with the right people that will help you advance in life just as you can help them in their lives–regardless of agenda–business or personal.
Seek ubiquity in your niche. Once you hit a brick wall… move onto bettering the world in another place.
[Over and out. Hockey game is over. Canadiens beat Hurricanes in OT.]
Filed under: Rants, Publisher Side, Social Media, Personal Branding, Politics, The Future, Music Industry, Branding, Leadership
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