Yes, I agree. On my 1 week on Steemit post, I compared Steemit with network marketing.
- 👍 Sounds interesting to a LOT of people thinking they might make a buck or 2,
- 👎 But after spinning their wheels they just give up.
In the first year of operation, a minimum of 50% of representatives drop-out.
After five years of operation, a minimum of 90% of representatives have left the company.
By year 10, only those at or near the top have not dropped out – making it safe to say at least 95% of representatives have dropped out.
And...
To become the defacto social media platform, steemit needs to
focus more on the 95% who will drop out when they realize they likely won't make a dime.
yet who will gladly be "customers" if offered the best of the best social networking platform.
🔑 I think it's important for us to realize Steemit is still in beta phase.
- This is a grand experiment.
- They are trying different things to make it better.
- Some are proving to work and some aren't.
- They are trying different things to make it better.
- I'm trusting the whales to help guide the future of Steemit.
- To influence more positive changes to the platform.
- If I didn't, I wouldn't be investing time and energy here...
- To influence more positive changes to the platform.
Ground floor opportunities such as this can be very frustrating.
- I've been in on many ground floor opportunities that just didn't pan out.
- 📈 I was involved with a company who would give you free Internet service, if you would let them post some ads in your browser while you surfed.
- 📉 That didn't pan out, but I just recently read of a company using the same concept to provide free wifi to an area in exchange for serving up ads while you use it.
- 📈 I was involved with a company where we were splitting water into hydrogen and oxygen gas and injecting that into car intake systems. We had full size Ford pickups getting upwards of 30 mpg. I personally rode in a Honda Accord getting 100+mpg. (Until you turned on the AC, then you only got 70...)
- 📉 This company was shut down by the FTC. Hmm I wonder why?
- 📈 I was involved with a company who would give you free Internet service, if you would let them post some ads in your browser while you surfed.
- 📈 I discovered the Internet back in '95, and made a living here until about 2000 as a webmaster
- 📉 I was on the ground floor. But, I was unable to compete with the big boys who searched out venture capital and got rich on failed ideas.
- Yes, Ground floor opportunities can be very frustrating,
- but here I am, doing it again.
- 😎 Steemit is Too Good To Be Ignored 😎
- but here I am, doing it again.
RE: You Are What Your Feed Looks Like - Build A Great Feed, Build A Great Community