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A Small Giant


wealthymattersSo who are the businesses wealthymatters competes with ?

The screen-shot below speaks for itself :

wealthymatters

This is the position at the beginning of 2017. Let’s see how much further I can go this year.

BTW gawker is closing down already due to adverse judgements in lawsuits.

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YouTube Views


walthymattersLast night while listening to some old Nirvana songs on YouTube,I got to know about authentichits. Some or the other commenter was suggesting it to another who was trying to make it as a musician.

Now I already knew of bots:Link.Now this was something else,real human views on sale.I took a look at the site today and found that they also deliver real twitter followers,facebook likes,instagram photo shares and soundcloud plays.So this was how some people got their content to go viral……..

A google search also turned up this:Link

The moral of the story?Don’t believe that everything that’s popular looking is automatically better.

 

Products Of Failure


wealthymatters

YouTube is the remains of a failed video dating website; it sold for $1.6 billion.

Instagram is the remains of a failed check-in app; it sold to Facebook for around $1 billion.

Entrepreneurs who fail do pretty well, just so long as each failure is used as a lesson for the future.Failure is a necessary price for success. At Google they have a saying: “Fail fast and iterate.” This is something all entrepreneurs need to do.Business is not only about an idea, but also how to polish an idea, launch it quickly and learn from the market. The best way to know if an idea works is to launch it quickly and see how the market reacts.If you have a work culture where bringing your mistakes to the table every week is a normal thing to do, it feels less like failing and more like learning. Learn to love your failures.

No Regrets


wealthymattersIn the very early days of Facebook, when it had fewer than 15 employees, a guy named┬áSteve Chen┬ádecided after working there for only a few weeks that it just wasn’t for him.

He wanted to leave to found his own company, and his plan was to do a video startup.

Matt Cohler, the guy who had hired him in the first place, tried to convince him otherwise. “You’re making a terrible mistake. Facebook is going to be huge! And there’s already a ton of video sites. If you do this you’re going to regret it for the rest of your life!”

Chen wasn’t convinced, so he decided to do it anyway and left to start a company called YouTube.

How Google Makes Its Money


wealthymatters

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