But there is no incentive for a Money-Chaser to not care what somebody likes. Even if someone is a money-chaser, there is incentive for him/her to make a good product that provides value because those are the ones that sell and make money. I guess it was for this reason that I never saw money chasing as bad, because you are incentivized to create value. If you don't, then you won't make money.
Back to the basic T-shirt example, I made that design because I thought people would actually like it and see value in it. I didn't just arbitrarily stick random designs on it and blast ads. I didn't go, oh let me just make this design and blast ads and say "Oh who cares if they like it?"
I really don't think anyone in the world money chaser or not creates products intentionally that do not provide value. All the products that don't sell are created by people with the assumption that they provide value.
My view on this is difficult to articulate.
Would I be doing everything I am doing just for charity? Just to add value without a potential to make money? No. One of whys is financial independence, for me and my son. Which implies $.
I learned along the way that shifting my mentality from going after money to going after value is the best way to achieve it.
When I subscribed to this forum, I was a pure money chaser. Just looking for ways to make value. Two things happened in a few months that made me switch to focusing on finding ways to offer value.
Since then, the way I see things, the ideas I find, the way I think about ideas changed. And that doesn't mean I don't pay attention to the potential of making profit. I do. But this is no longer my primary filter.
But that's me.
At the end, it comes down to whether you give people things they perceive of value. Be it because of the products itself or the way you market it.
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.