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“Never compete against yourself” is a very good saying.
It is a sentiment that many business leaders come to realize.
With only a shallow understanding of how powerful CRM systems can be for building a passive income stream, many people give up and begin to compete with themselves — attempting to take risks or add millions to their businesses, even though this is one of the dumbest decision-making practices that can cost a company millions.
I’m no different. I’ve come to realize that if you do not adapt to your circumstances, your business will inevitably die. I mean, if you don’t become an e-commerce retailer, your business won’t exist. The internet is an exciting but turbulent place that is constantly changing the way our businesses operate. Start competing with yourself, and you’ll find that your business will evaporate.
A perfect example of this can be found in the story of Tucker Max. While Tucker’s story was fascinating for him. However, I find that this reminds me of Twitter, in that the same tech solutions and recommendations that were attractive to Tucker a couple of years ago are no longer attractive to anyone else — and they are no longer competitive from any perspective at all.
That’s all it takes. A failure of the traditional business model.
#IT, #AI, #GPU, #DL, #Blockchain and more are beyond just an industry — they’re a way of life.
Tucker Max. Now, he’s selling a vacuum. He knows very well that the vacuum will be obsolete and there will be no vacuum days in the future. But he can wait for a business model based on selling vacuum cleaners, in which his vacuum won’t need his time anymore. There will be no vacuum days in the future. To survive the vacuum era, you will have to be way ahead of the technology, because you will be competing with itself.
This is why when you hear business leaders say “capital grows where talent grows”, they’re much more likely to be pointing to the errors they’ve made, which is why I’m writing this. Their business model will never flourish in the future. The same technology changes daily and if your business is not in this field that it will no longer have an existence, regardless of your success in your field.
In the same way, my business model must change if I want to become a successful freelance writer. Before I applied to earn passive income through technology journalism, I read articles like this one to hear the words that I would want to hear. Before I started writing articles, I read articles about blockchain and AI.
But now that I’m a writer, the truth is, the technology will only power the writing and this writing will have the same effects as my articles. It will no longer be sold the same as before.
My writing will no longer be leveraged to get me hired to write in other aspects of my personal life.
Technology will no longer support my writing career.