The University of Phoenix has a video series on YouTube called The Phoenix Lecture Series, some very interesting points of view on multiple topics for you to consider, much of it is about change, taking you out of your comfort zone. Here is a short chat that caught my attention, it makes you think about what we have and what the future of people will demand.
Does this talk make you feel uncomfortable, sick to your stomach, or does it get you excited?
Enjoy but truly think about what the speaker is suggesting.
What say you?
- The Future Of Business Workshop – In Abbotsford (openandfreebusinessmodel.com)
- Building a job vs. building a business (sethgodin.typepad.com)
- The Future Of Business – It’s Between Your Ears (owengreaves.com)
- The Future Of Business – Means Multiple Revenue Streams (owengreaves.com)
- The Future Of Business – Be Useful (owengreaves.com)
In an early post I shared that everyone will be an affiliate of something, but that won’t be enough. The day of a single revenue source are behind us, we will need more than one revenue stream in order to survive in the new business landscape. Just selling real estate won’t be enough, or providing one consulting service, you will need to provide value added services, provide other products that are useful to your clients.
Most entrepreneurs are always looking for that next thing to sell, that next problem to solve, because they know that if they don’t keep solving problems, consumers will use the first person or business they find. The bigger issue would be, how do I stay top of mind, how do I ensure that I am found, and how do I know I’m being heard. You’ve read it here many times, make more than you consume. make more of whatever you are selling or whatever solution you are providing.
Now, it’s not enough to just slap some ads on your site, or sell more stuff than you used to, and call it multiple revenue streams. You need to think long and hard how these value added services or products will be incorporated into your business, into your marketing, and how you will handle orders….there is much to consider. You can’t willy nilly it for the sake of making a buck. Although there will be many who do just that, unfortunately I don’t have the power to make those individuals stop.
There many ways to go about finding multiple revenue streams, some simple, and some, not so simple. I like simple to be honest, here on owengreaves.com you don’t see too much complication here. I promote Headway Themes, why? I think it’s the best, if not the best theme for WordPress. So I can’t recommend the product enough. I even have a page dedicated to it, with a list of over 400 sites using the theme, I list them so you can see what others are doing with it.
What you may not know about owengreaves.com is, I also have my own webhosting company, I use it for clients and friends mostly, why? That’s another blog post, but, there are another 3 Billion people coming, many will need webhosting, I just want to be able to provide that service, and….solve that problem.
I spend the majority of my time studying trends, tons of data, and look for interesting things in human behaviour, why? So I can share with you my findings on the future of business, much is changing and most people in this space aren’t really paying attention to it. You would think, if that’s true, why do I spend so much time there? Simple, most aren’t, and I can help business owners and entrepreneurs create new ideas to adopt that future I’m talking about.
I do consulting work in many areas of my studies, think-tanks sessions, workshops, and I do alot of public speaking to ensure my message is heard. All are different kinds of revenue streams, all have a slightly different way of generating income. One or two will be your primary money shakers but, you will need a handful of ways to fill the bucket with coin.
If you haven’t given this much thought, if you haven’t sat down and looked at your business from this perspective, if you haven’t considered different products and services around your single revenue stream, you will have a difficult time surviving in coming years. The next 3 -5 years, not 10 or 20, the business landscape is changing faster than you think, and people aren’t going to tolerate you dictating, they won’t come to you, you will have to go to them. How, through a mobile device’s and virtual reality.
What ideas do you have to enhance your one revenue stream, have you considered having multiple revenue streams, 5 or 10 different revenue streams. And will these products and services be yours, most likely not, you will be an affiliate of most of them, but you will have your own. That’s where the profit margins will be greater, in your own products and services.
How do you see the landscape of business in the next 3 – 5 years from this perspective? Thoughts?
Have you noticed traffic to your Blog has dropped off a little, maybe alot. Have you noticed that comments don’t come as frequently as they used to. You may be wondering what’s wrong, is it you, is it your content, or is it….(insert what you think it is here). Are you feeling like you are being left behind, maybe not even noticed.
It may not be any of the above, it may be, that you are being left behind for reasons out of your control. If it is something you can control, then get on it, fix it as quickly as possible, but what if it isn’t. What if it’s sheer numbers. What if you can’t be found or heard because of one thing.
There is a saying out here on the Internet, one that matters today and in the future, if you want to generate revenue or be top of mind. You have to “Create More Content Than You Consume”. There is much to unpack in that statement, way too long for a Blog post, you may find it in an ebook soon.
But being left behind is something much simpler than what to do or how to do it. The truth is, you can’t control what’s happening, because it’s like a tidal wave, you can’t stop it. Here is the problem. There are 2.1 Billion (rounded up) people on the NET as of March 31st, 2011:
As you can see, Asia & Europe lead the way. The problem doesn’t reveal itself in this graphic, it’s the other 3 Billion coming, over 5 billion people will be online. They will be coming via the O3BNetworks project. And you can’t figure out why it’s getting harder to be found, harder to be heard, and maybe, harder to keep sales up.
Is it possible, that creating more content than you consume will be enough, probably not. You will need a great many things going on to be where you want to be when it comes to business online. You will want a large following, a community that cares about your product and or service, and a thing called Klout will become a factor once that mature’s. This combination will go a long way in making sure you are not left behind.
Today is the day, don’t wait, don’t sit and have meeting after meeting to discuss what went wrong, and worse yet, do nothing! Understanding the Future Of Business takes hard work, and figuring out how to adopt all that is changing requires you and your business to make a paradigm shift.
If you want some insight on what to do, and you live in my area, attend my Future Of Business Workshop, a great place to start. You will be glad you did, you’ll learn how to prevent being left behind. In the end, you will learn that Mindset Trumps Skillset Evertime. Come learn about the Future Of Business and Don’t Get Left Behind!
The title may mess you up a little, but just keep reading and you’ll find the nuggets, if you get what I’m talking about.
A little over a month ago I spoke at a large conference, I was pretty bold, I told people that I hated FaceBook, and that I will offend someone before I’m finished. I did. I also shared that we are hypocritical, for example, I told business owners to give something away for free to those who repeatedly came back to your business, blog, website, anything that you would come into contact with a customer. People actually gasped, I can’t do that one person said. So I asked them, If you won’t give something away, someone else will, but why is it that you won’t give anything away, but yet you are the first one in line when someone else does? Is that you?
Why is it that we build a business, we do everything and anything to get it to a profitable state, we suddenly go into management mode. We actually stop doing what got us profitable, or maybe even successful. We took risk after risk, we didn’t care what anyone said, we didn’t care what anyone thought, we just stepped out and made things happen. We weren’t playing it safe, we were putting ourselves out there, willing to take the hits, the no’s and even the snickers. So what happened?
Giving something away is not a high risk act, in fact, it should be a well thought out strategy. And why wouldn’t you reward those who got you to where you are, they bought you product or service, they even invested time in reading your blog, they probably attended a talk you gave, but yet you still remain closed to the idea.
I’ll bet most of risk something higher in value while building you business, why is it then, once you enter management mode you are reluctant to risk anything? Again I ask you, is this you? If so, maybe it’s time to take a breather and spend some time doing something you may not have done in a very long time.
THANK YOUR COMMUNITY!
Thank them by giving them credit, write about them, brag about them, and maybe even give them something for free. That smacks of the Open & Free Business Model doesn’t it? Without your community you have nothing. In fact, if you fail to do this, you are playing it safe. Don’t do business in a safe manner, always challenge yourself to step close to the edge, learn to trust your community, afterall, they came to trust you first.
The Future Of Business Is Not Playing It Safe, keeping doing the things that made you profitable, and most of all, thank your community.
The Future Of Business
With Owen Greaves
Special Guest Rick Rake
|The internet has changed the way the world does business;
But will it ever stop changing?
Change is constant and the electronic age has served merely to speed up the rate and size of change. If you are in business, or are planning to start a business, understanding how the online world changes everything will position you not only ahead of your competitors, but as a trustworthy ally to customers. Owen Greaves will guide you to understanding the Future of Business.
|What you can expect in the Future of Business:|
||The Future of Business Workshop is more than social media, the Internet or the world online; it’s about looking at business differently and fighting for your Businesses Survival. Together with Owen, you will see the Future Of Business and will apply that knowledge to create new ways of embracing the future in your business.
A workbook will be provided to each participant in the 2 – 4 hour workshop to encourage home study and application of the concepts presented.
|What you will learn in this Engaging Workshop:||Your Investment: $99 Per Person till Sept 23rd
Reg Price: $149.00 after Sept 23rd, 2011
Who is Owen Greaves? Owen Greaves lives in beautiful Abbotsford, British Columbia; he is a Futurist, Thought-Leader, Keynote Speaker, Think-Tank Leader, Author, Blogger, and Strategist. He has spent countless hours exploring and understanding what the next 3 to 5 years will bring and applies the vision of reaching out and teaching this model to business people eager to listen and learn. Owen is a man who loves making the paradigm shift around media and commerce to the Internet less painful.
|Location:Sandman Inn, Abbotsford, B.C.
To Reserve Your Seat, Contact: