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Received β€” 24 April 2023 ⏭ Everything is a Remix
  • βœ‡Everything is a Remix
  • From altruism to capitalism
    From altruism to capitalism A core component of the next phase is to build a new kind of business.͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏
     

From altruism to capitalism

From altruism to capitalism
A core component of the next phase is to build a new kind of business.͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

From altruism to capitalism

THE STORY SO FAR

  • I'm best known for the series Everything is a Remix

  • I'm pivoting away from free content creation for financial and personal reasons

  • I'm seeking financial stability and personal fulfillment in the second act of life

  • I'm thinking about all of this here. I might later revise, discard or ridicule anything I say here.

Before I get to it, I have a question for you. Over the last 12 months, what has been your most consistent problem? It only takes seconds to submit. Your answer is anonymous, though I might use it in a newsletter. Onward!

A core component of my next phase is to build a new kind of business. In the past, my main goal was to make awesome stuff and then somehow money happens. This worked once, it hasn't worked since, I'm done. I talk more about this here.

What will this new business do? Don't know! I want to discover this by having the market tell me what works. I plan to do this through small, cheap, preferably free experiments. I'm coming up with a bunch of experimental products, tools, and ploys which I'm calling candidates.

The candidates that create a spark get built upon or expanded. The ones that don't work, I learn from and murder. Score is kept in dollars.

Ideally, one candidate will take over and that'll be the business. But it's perfectly plausible that the business will remain a mixture of smaller sub-businesses.

(Is this methodology good? Does it suck? If you know of a better way of testing and growing business ideas, please reply.)

Candidate #1 was video production. It's good work, I like it, but there are issues with that work providing what I need. (I talked about this here.)

Today I'll introduce Candidate #2!

I've been thinking about three things a lot lately and they lead me to an idea.

1. Green shoots

Where is the growth in my recent history? What has generated some pop, some interest, some excitement? The original Everything is a Remix did this long ago. More recently, the Angry Kirby newsletter did this. In a small but significant way, the worksheets in my shop—The 4 Steps to Getting an Idea and Getting Unstuck—did this. Sales were small but they didn't take long to make and were well worth the time. And they continue selling.

2. What problems can I solve?

A basic tenet of entrepreneurism is find a pain and cure it. I've been thinking about what problems can I solve. And even more importantly, what problems do I have that I need to solve? And can I solve this problem for others?

3. Education

I'm very interested in the broad category of education because I consider myself an educator and it's an industry with clear demand. This is also a good pivot at this stage of life (middleage) because it plays to my strengths and builds on what I already have, which is some prestige and a quality body of work. Plus, Everything is a Remix is very popular in schools.

This was reaffirmed by my discovery that middle aged and older people are well-equipped to excel at teaching. We aren't necessarily as quick or as innovative as we once were, but we can be even better storytellers and this strength can persist deep into old age.

All this lead to Candidate #2 which I will now explode your mind with.

How did I generate an idea so quickly?

Using the technique I describe in this worksheet. I've used this technique for 20 years now. It works. If you struggle to generate ideas, if you don't have a framework, this is it.

$5.00

 Shop 

Candidate #2 is turn the Everything is a Remix site into a source for educational products

The Remix video curriculum will of course be featured prominently and maintained. Around these videos, there would be a wide variety of educational products.

This idea ticks all the boxes I listed above.

The green shoots are the worksheets I already sell. Those worked well enough that I’d like to see if I can grow them.

The problems I can solve through education are many. I know loads about creativity and knowledge work. And the problem I am working on now—financial stability and fulfillment in middle age—has clearly struck a chord. If I can solve this for myself, I can create products to help others solve that problem for themselves.

And finally, it's educational, which is a domain I like.

Pros of this idea

  • Already have the skills

  • Helps people with their problems

  • Probably makes at least some profit

Cons of this idea

  • Saturated market

  • Kinda similar to what I was doing before

  • Might be small

The risk of running this experiment is low because I’m confident I can get a decent return on the time put in. So I'll likely try it and we'll see if it's worthwhile.

Ladies, gentlemen and gender nonconformists, that is Candidate #2! Thank you very much and good night!

That’s it for this week, folks. As always, it’s me on the other end of these. Just hit reply and you’re talking to me. No pressure, don’t panic.

Remember to get your pets spayed or neutered,
Kirby

P.S. You did, yes, kudos.

 
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