Social Capital: The Currency Of The New Rich - Dan Koe
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Social Capital: The Currency Of The New Rich - Dan Koe
In this new economy, three groups will have a particular advantage: those who can work well and creatively with intelligent machines, those who are the best at what they do, and those with access to capital.
The emergence of capital has at least three notable effects. Firstly, the more capital we succeed in creating — the process is risky, remember, and we can’t guarantee we will create any — the more specialized we are likely to individually become, meaning the less our understanding of supply and demand helpfully extends beyond our own circumstances
... See moreIn this new economy, three groups will have a particular advantage: those who can work well and creatively with intelligent machines, those who are the best at what they do, and those with access to capital.
Do this by being helpful and creating value for as many people in your audience as possible. At the core, your social capital depends on what you can provide for your audience that educates and builds trust, value, and reputation.
Becoming a full-stack creator is also important. Social media is about to become far, far, far more lucrative and monetizable than people realize. They think it’s over or stagnant. But we’re just getting started. Many who want to build billion-dollar companies will have to also build million-person media followings.