The Economy of Ideas.

The following is some food for thought from a very good man.

Here's a question that you should clip out and tape to your bathroom mirror. It might save you some angst 15 years from now. The question is, What did you do back when interest rates were at their lowest in 50 years, crime was close to zero, great employees were looking for good jobs, computers made product development and marketing easier than ever, and there was almost no competition for good news about great ideas?

- Seth Godin -Two Years Left

Here is some more food for thought. In the last 5 years...

• A student became a millionaire selling a million pixels. (that's less than an A4 page)
• A guy traded a red paperclip for a house
• Two guys became billionaires by helping people find stuff.
• Two other guys became billionaires showing off other people's home videos (and made no money doing it)
• Two other guys made money by cussing and drawing comics about videogames.

There is a new economy out there that values people's ideas. The new economy doesn't play by the old rules. The old linear model where hours worked is used as some yardstick of productivity and pay is a prehistoric throw back from the industrial revolution.

Let's start playing by the new rules.

flickr  photo courtesy of stephano m

Comments

[Raela Drigger]

Keep writing your ideas down on paper. You never know when you'll need them. Those people you've mentioned really did a great job thinking of something that people would need in this age.