Yup, see badges and post. Good video. NotesWhoa whoa whoa dude.. yea you're completely missing the concept. Have you read the books?
Note, he never gives the tuna to the cat, just has the plate. Showing you have value (or something the other party desires) is totally different to adding value. The question becomes what do the people (with money) want? What showcases my value?
I have heard people talking about adding value all the time, it is called a barter club. In the exchange we both add value to the other party, no money is exchanged.
Selling $100 bills for $50 is a good way of adding value, nobody runs a business literally doing that though even though it adds value. If you think it works that way, are you selling $100 bills for $50? When you do I will believe, you talk is cheap, money talks. Or are you only doing transactions that add value to you too.
Book is a good example you add value to people who add value to you with money (he could have given it away for free)
This value equation is basic economics of an economy and money, weird he says he isn't talking about it. Perhaps unaware but he is doing precisely that.
What have I created?
2 hard disk laptop (product, I have tried to sell)
EXECUTION - Stock Trading software attempt (another product)
WEB SCHOOL - Working out how to add (almost 3 million ) in an afternoon. (attempt to showcase skills, needs work)
Also my software for finding bugs in the requirements stage . (Savings of $1400 to $9900 per bug) (1)
It is about convincing people you can add value.
No one appears to see value in me saving them $1400, growing their stock portfolio or increasing their SAAS revenue.
I could create things to improve productivity all day, unless I can convince the right people of the value. No one will exchange. A consumer is hardly going to care about saving on bug cost. A startup cares, and offers me valueless equity. Or I could make videos (plenty of youtubers creating those videos,people see enough value to subscribe and make positive comments, never enough to part with money.
Perhaps I'm wrong and none of those add any value or perhaps I'm casting pearls before swine. What is your biggest problem and how much would you pay for a solution?
Talk is cheap.
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